Indo Count Industries announced another strategic move to broaden its Utility Bedding segment.
Microcap momentum portfolio (14-10-2024)
Thanks. That’s Impressive.
Mahindra Logistics unveils new brand identity (14-10-2024)
Mahindra Logistics has unveiled its new brand identity, marking the next step in its evolution towards innovation and sustained growth. The new identity introduces a bold and dynamic icon, symbolizing the aspiration to scale new heights and the relentless drive to rise. It captures the essence of the company’s core values and future-ready vision, emphasizing collective strength and continuous forward momentum.
These 4 stocks closed crossing above VWAP on Oct 11 (14-10-2024)
When the closing price rises above the VWAP, it signifies that the closing price is higher than the average price at which it was traded throughout the day, with the average being weighted by trading volume.
F&O Radar: Deploy Long Calendar Put in Nifty for potential gains from range-bound market (14-10-2024)
Nifty has been trading sideways between 25,200 and 25,800, closing below 25K on Friday. Shrey Jain of SAS Online highlights downside support at 24,800 and an oversold put-call ratio, suggesting a range-bound movement. He recommends deploying a long calendar put strategy, expecting the Nifty to consolidate within an optimal range of 24,750 to 25,450 during the upcoming expiry.
PGINVIT impairment of investments in subsidiaries and book value (14-10-2024)
It depends on one’s opportunity cost… If your alternatives are giving you say – 7%, then 8.8% is a good option…but if your alternates are giving you more than 8.8% ( say 10%)- then its not recommended…
Gensol Engineering wins order for rooftop solar project in Dubai (14-10-2024)
Gensol Engineering has been awarded a prestigious contract by UAE’s leading sustainable development and clean energy development company for the design, construction, and long-term operation and maintenance of rooftop solar photovoltaic (PV) systems for the engineering facilities of a leading aviation company in Dubai.
52 week highs and all time highs strategy (14-10-2024)
Most of the answers related to your query have been very aptly answered by @ChaitanyaC in his post.
We are currently in the phase where a lot of breakouts are failing and though stocks are not collapsing, the expected outcomes of pattern breakouts are not coming through. This can be looked at as a sort of warning where its time to look at the structure of overall markets and see who things are panning out.
If overall markets remain lacklustre, very few bullish patterns will play out. Stocks will go sideways, or correct and not make the expected quick comebacks.
In this kind of markets its better to wait on sidelines for market momentum to return, or be very choosy in the stock selection process. Hoping for a stock to bounce back after a pattern has failed is hope investing. Techno funda investors often fall prey to this problem because in the absence of technicals playing out, they tend to fall back on fundamentals, taking solace in the fact that fundamentals are good and stock will not fall further. But there are no fixed rules for these situations.
And following strict stop losses will spare a lot of pain. Its betterr to exit a stock at say a 7% loss than see a drawdown of nearly 15-20% which can effortlessly come about in an overall weak market.
Ashoka Buildcon shares in focus after winning projects worth Rs 2,310 crore (14-10-2024)
Ashoka Buildcon shares are expected to attract attention on Monday following the receipt of Letters of Acceptance for two projects from the Maharashtra State Road Development Corporation. The first project, valued at Rs 310 crore, involves EPC work for a major bridge across Bankot Creek on the Revas Reddi Coastal Highway No. 5 in Ratnagiri District, to be completed within 36 months, including monsoon periods.