Wealthcreatures.com
1.42K subscribers
1.19K photos
48 videos
40 files
1.54K links
Visit us at www.wealthcreatures.com

Driven by Fundamentals and Leveraging Technicals.

All post are Only For Study & Educational Purpose.consult you Financial Advisor Before Investing or taking any position.
DISCLAIMER:We r Not SEBI REGISTERED ANALYST.
Download Telegram
🔷️NIFTY CURRENTLY STILL TRADING AT P/E RATIO OF 26.74 AS ON 7th AUGUST'19

🔷️P/B RATIO IS STILL 3.37 AS ON 7th AUGUST'19 ( Strong bounce happens when it's around 2.50)

🔷️CURRENT DIVIDEND YIELD RATIO IF NIFTY IS 1.36 AS ON 7th AUGUST.
CRUDE FALLING FROM LAST 2 DAYS GOOD FOR INDIAN MARKETS

PHARMA ,FMCG & IT DEFENSIVE IN FOCUS

NIFTY SUPPORT - 10770/10815

RESISTANCE- 11000/11111
Government official says the govt is likely to roll-back the recently imposed higher tax on Foreign Portfolio Investors (FPIs)

FPI tax will be removed news is played on a weekly expiry day (citing: Sources not confirmed reports)

Nifty weekly expiry 11000 call went from 0.30 to 22 a whooping 7233% in one day.

Ajay Piramal: FPI tax not discussed in today's meeting with FM.
CATCH IT IF YOU CAN 👆
HUGE POTENTIAL
ADD EVEN AT CMP
Photo from JIGAR JAWAHARLAL SHAH
Only 3 Trading session for Next expiry..
Options
Premiums will melt very Fast like ICE
THERE CAN BE 3 SHORT TERM POSSIBILITIES :

IF FPI TAX IS REVERSED & NIFTY TRADES ABOVE 11180 THAN CAN TOUCH 11450/11490

IF WITH FPI TAX RESERVED LTCG IS ALSO REMOVED & GOOD REFORM PLAN MAP TO REVIVE ECONOMY THAN NIFTY CAN SEE 11600/11750

IF NOTHING HAPPENS THAN 10700 TO 11200 ZONE RANGE BOUND AS PER GLOBAL MKT MOODS.
Wealthcreatures.com
MANGALAM ORGANIC ONCE SENTIMENTS CHANCES & GOOD RESULTS CAN SEE VERY GOOD BOUNCE BACK ONLY MATTER OF JUST FEW DAYS OR MONTH
FY20 Q1 NUMBERS UPDATE :

Net Sales at Rs 91.08 crore in June 2019 up 3.84% from Rs. 87.71 crore in June 2018.

Quarterly Net Profit at Rs. 15.06 crore in June 2019 up 24.72% from Rs. 12.07 crore in June 2018.

EBITDA stands at Rs. 20.13 crore in June 2019 up 18.55% from Rs. 16.98 crore in June 2018.

EPS has increased to Rs. 17.58 in June 2019 from Rs. 14.10 in June 2018.