Top Down Approach: An Example

Top Down Approach: An Example The bull market continues unabated & we had four consecutive weeks of rise in Nifty last Friday. The series of higher bottoms is clearly visible in the daily chart of the Index (Exhibit 1). These higher bottoms are the classic...

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Linde, Praxair boards approve $73 billion merger globally. All biscuits to be taxed at 18%, Bad news for Britannia, ITC, GlaxoSmithKline Consumer Healthcare Limited. Stocks to watch: Positive: TATACOMM, JSPL, JSWSTEEL, RUPA, LUX, TITAN, PCJEWELLER, WEBELSOLAR, SUZLON,...

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OBC to seek shareholders approval to raise 5000 cr on june 29th. Hind copper starts Banwas mine at raj with production capacity of 6 lakh ton per annum Sector overview: Positive: Auto, Aviation, Stocks to watch: Positive: BHARTIARTL, TVSMOTOR, HEROMOTOCO, HINDCOPPER,...

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India Jan-Mar GDP growth slows to 6.1%; FY17 growth 7.1% vs 8.0% Tata Group start to restructuring, Chairman focussed on 3 Objectives; Rigour & Process Of Invst Analysis, Debt Reduction & Disciplined Cap Allocation. IVRCL, unknown investor shows interesting...

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DELHI HIGH COURT: R-infra won Rs 2950 Cr Arbitration Award Vs Delhi Metro. Asks Delhi Metro To Pay Rs 60 Cr To R-Infra. RENAISSANCE JEWELLERY: Approves Buyback Of 2 Lk Shares at Rs 250/Share. JINDAL POLY FILMS: Is in advanced negotiations to acquire the European...