Weekly Report as on 21.05.2018
Nifty (CMP: 10596) The last week saw a failed attempt on part of the Nifty to register fresh high. The index consequently clocked lower closing 4 days in a row. Notwithstanding the bearish engulfing pattern on weekly chart, chances are high that an intermediate top...
Weekly Report as on 14-05-2018
Nifty (CMP: 10806) After a brief pull back, Nifty resumed its intermediate uptrend previous week & closed at nearly 3 month high. However, for the intermediate uptrend to survive, Nifty now must not close below 10618 regions which happen to be the low of the past...
Proficient Analysis & views for May 11.
PC Jeweller board approves buyback of 1.2 Cr. shares not exceeding Rs 424 Cr. at a price of Rs 350 each. CMP Rs. 207. Pennar Industries receives multiple orders worth Rs 492 Cr.. Titan Co (Q4, YoY): Net sales up 11.7 % at Rs 3916 Cr. Ebitda up 67 % at Rs 454 Cr....
Proficient Analysis & views for May 10.
Chinese e-vehicles giant BYD could set up unit in Hyderabad. Welspun Enterprises emerges as L1 for road project in Tamil Nadu at Bid price of Rs 1,837 crore. Star Cement alongwith its subsidiaries received Rs 200.05 crore towards subsidies claim from the Central...
Proficient Analysis & views for May 09.
Trump Says He’ll Exit Iran Nuclear Deal and Reinstate Sanctions. Crude oil price will go up. Oil Exploration Company will be biggest beneficiary. Focus on #HINDOILEXP #VEDL. Positive for basmati rice exporter like #KRBL # DAAWAT Negative for #Paint #Aviation...
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