#Fraud PNB is at forefront when it comes to Fraud. Original check was washed away after being deposited in bank & name changed. Previous name is clearly visible; even after name being changed and check got cleared. Immediate action request by RBI @RBI@pnbindia#PNB#RBI
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What is Beta?
1) If Beta is lesser than 1, then the volatility is lesser than the market.
2) If Beta is equaled to 1, then the volatility is the same as the market.
3) If Beta is more than 1, then the volatility is more than the market.
@varun23oct
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Why does the financial analyst carry on with business valuation?
The purpose of valuing a business/ company:
1) Mergers & Acquisitions
2) Start-up Investments
3) Subsidies sales
4) IPO's
5) Joint Ventures
@varun23oct
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Britannia Industries formed a Bearish Kicker candle as their revenues of Q2 declined by 5% to INR 3,419.11 crore indicating a buy signal on the stock with the target of Rs. 4420.
#DidYouKnow
What is cyclical stocks:
A cyclical stocks is a stocks that's price affected by macroeconomics or systematic changes in the overall economy.
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@varun23oct
Stock to Watch
GAIL
CMP : 84
T1: 85
T2:87.50
T3:89
SL : 81
Stock has multiple supports at 81 levels.Stock has also crossed 20 days moving average.
NOTE : Do your own analysis before taking a trade.
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@varun23oct
Which company would you like to hold in your portfolio?
The dividend yield is Annualised.
PSU stocks have been intentionally left out.
#profitidea#varunaggarwal#dividendstocks
@varun23oct
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Formation of Bearish Cypher Harmonic Pattern on SBI bank chart (45 mins)
This harmonic pattern closely resembles the traditional M and W-shaped patterns. It is made up of 5 points (X-A-B-C-D), with point D being the entry area.