Wednesday, 21 August 2019

Our Bata BTST Call Proved fruitful again.....Waiting For 2nd Target.....Are You!!

Yesterday We had Given a BTST call to Bata ( Fut-29 Aug ) around 1472 for the target of  1483.50--1485 Look at the call as Today it made a low of 1484.25 and now trading around 1482 Patience wins the trade....... We Booked Part  Profit Today around 1483.50 Profit...

Stock picks of the day: Immediate support for Nifty seen at 10,970

Nifty continued to remain volatile as it couldn’t manage to hold gains. The index has immediate support at 10,970.    Nifty 50 closed the range bound session lower on August 19 but managed to hold psychological 11,000 levels amid mixed global cues and hoped of stimulus measures from...

Global analysts cut Nifty FY20 EPS estimates, lower GDP growth target after Q1

Morgan Stanley cut its FY20 GDP growth target to 6.3 percent from 6.5 percent and for FY21 to 6.8 pe rcent from 7.2 percent. Most global brokerages cut earnings estimates for the current financial year and economic growth forecast given lower-than-expected earnings in Q1. "Consensus Nifty...

These 12 Nifty stocks trading at discount to 5-yr avg P/E; time to buy?

The golden rule of investment is to pour money in stocks that are trading at attractive levels compared to their intrinsic value, thus allowing investors to create wealth over a period of time. Benchmark indices, even after the recent correction, are trading at a slight premium to historical averages...