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Showing posts from July, 2019
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 28.07.2019 AAKASHAYA PATRA SEVEN STAR SMART EDUCATION SERIES PART – 18 DMI (Directional Movement Index) DMI (Directional Movement Index) developed by J.Welles Wilder in 1978 it compose of two lines, one known as DI+ and Second line known as DI- DMI indicator is very easy to understand, without going in the formula of the indicator we are focusing how to understand this indicator and how we make a best use of this indicator while planning a new trade 1) As discussed above it compose of two lines DI+ and DI-                   +DM is the Current High - Previous High.                    -DM is the Previous Low - Current Low. 2) DI+ indicate buying pressure and price is going upward side and difference between previous high and current high is positive, while DI- Indicate selling pressure and price is going down ward side and the between previous low and current low is negative 3) When D+ line cross D- Line from below to above, it indicate that buying pres
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28.07.2019 AAKASHAYA PATRA WEEKLY MARKET OVERVIEW:  After six days of turmoil inflicted by the Bears, finally the Bulls heaved a sigh of relief on Friday as the Market managed a positive close. After such a one way fall where Support levels were taken out with ease, expecting a token bounce-back is not surprising. But the key question remains whether we will see a Reversal or whether the Bounce-back will continue any further. The answer to the first question is we don't see any signs of Reversal as yet, whereas the answer to the second is we can expect the Pull-back to continue for few more days. Any Pull-back upto 11590 levels can be treated as a good opportunity to lighten stuck-up long positions. Only a close above 11797 will confirm a Reversal, till then all rallies will be sold into. Technically Speaking :- Sensex opened the week at 38333, made a high of 38333, low of 37690 and closed the week at 37882. Thus it closed the week with a loss of 455 point
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28.07.2019 AAKASHAYA PATRA EXCLUSIVE STOCK FOR INVESTMENT: DFM FOODS LTD (CMP 260) ENTRY LEVEL: 240-250 STOP LOSS: 200 TARGET :350 TIME FRAME: 18-24 MONTHS DFM Foods Limited, the initiator of packaged snack foods in the Indian market, is engaged in the business of manufacturing, selling, and marketing of packaged foods and has been a leader in the space for over 30 years. The company markets its products under the brand names of "CRAX","CURLS", "NATKHAT" and "FRITTS". The product portfolio comprises of Corn Rings,Corn Puffs, Wheat Puffs, Cheese Balls, Corn and Potato Sticks and traditional Namkeens in 13 distinct product variants sold through an extensive distribution network. The company has two state of the art processing units located at Ghaziabad and Greater Noida. It has an equity base of just Rs.10.02crore that is supported by reserves of around Rs.119.23crore.The Promoters hold 38.27%, FIIs hold 10.99%, Mutual Funds ho
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21.07.2019 AAKASHAYA PATRA SEVEN STAR SMART EDUCATION SERIES PART – 17 : Oscillators - Parabolic SAR (PSAR) Parabolic SAR is very easy to understand and important indicator for to know the direction of the Trend, probable reversal as well as to put the stop loss and trailing stop loss Parabolic SAR is more accurate in Trending  market it means when we clearly identify the trend of the security, Parabolic SAR will be more helpful and gives probable reversal level Parabolic SAR will not work properly or gives false signal in side ways or range bound market. How to use Parabolic SAR :-       I.         Parabolic SAR is just like a DOT form upper side or lower side of the Candlestick When it form down side of the candlestick it indicate that from that price level probable reversal may will take place and price will appreciate and go up ward side Down side formation of the Parabolic SAR also indicate the end of the lower swing and price will may go up side.  
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21.07.2019 AAKASHAYA PATRA EXCLUSIVE STOCK FOR INVESTMENT: Today we are going to give u such stock in market which have fast growing potential, stock available in discount, best PEG stock, income generator, least risky stocks in market. All stock have good fundamental background. FAST GROWING STOCKS Highest Expected Revenue growth over the previous year CO. NAME                     REVENUE GROWTH(%) Kei int.                                  50 Sterlite Ind                           41 Va-Tech wabag                     36 HG Infra                               35 PNC Infratech                     31 DISCOUNTED STOCKS The 5 Stocks with the lowest forward P/E Co. Name            Lowest Forward PE (%) Zensar Techno                 3.47 National Alu.                   5.20 Redignton                       7.78 Power Grid                      8.66 NCC India                       9.33 BEST PEGS Top 5 Stocks with the least pric
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21.07.2019 AAKASHAYA PATRA WEEKLY MARKET OVERVIEW: The Market stood bitterly disappointed when the FM Nirmala Sitharaman squashed any hope of a tweak in FPI surcharge, which would have saved FPIs from the 'Super Rich' Tax. As a result the Sensex crashed by around 550 points on Friday itself. In the process, the Market has decisively broken the Confluence Support of 100dma and Trendline and now currently stands in the strong Support Zone in the form of Weekly Bullish Gap Sensex 38570-38001 and Nifty 11591-11426. A decisive break of the above Gap can lead the Market towards the 200dma. Technically Speaking :- Sensex opened the week at 39009, made a high of 39284, low of 38271 and closed the week at 38337. Thus it closed the week with a loss of 399 points. At the same time the Nifty opened the week at 11614, made a high of 11706, low of 11399 and closed the week at 11419. Thus the Nifty closed the week with a loss of 133 points.On the daily charts, bot
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14.07.2019 AAKASHAYA PATRA SEVEN STAR SMART EDUCATION SERIES PART – 16  Pivot Points Today we are going to discuss about Pivot Points Pivot Points are help us to identify Trend as well as future probable support and resistance level of the any stock, commodity and currency Pivot Points is consist of 5 parallel line where middle, its a most important line is known as Pivot Line while Upper two lines known as Resistance 1 (R1) and Resistance 2 (R2) Line and below two lines of Pivot Line known as Support 1(S1) and Support 2(S2) line Calculation of Pivot Points The Formulas for Pivot Points : - Pivot Points are calculated on the basis of previous day Low, High and Closed Price basis P = High + Low + Closed       -----------------------                    3 R1 = (P×2) -Low R2 = P + (High-Low) S1 = (P×2) - High S2 = P - (High-Low) Where :- P = Pivot point R1 = Resistance 1 R2 = Resistance 2 S1 = Support 1 S2 = Support 2 Unders
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14.07.2019 AAKASHAYA PATRA WEEKLY MARKET OVERVIEW: The disappointment in the Budget was clearly reflected in the Market movement this week as the indices struggled to move higher. As a result, Nifty breached the lower end of the trading range and entered the strong Support Zone of Weekly Bullish Gap 11591-11426. Currently the Nifty has taken support inside this zone but more precisely at the confluence of 100 dma  (11522) and Trendline  (11528). This confluence has already come to the rescue for 4 trading days in May and it has done the same this week for 4 days. A bounce can take the Nifty right upto the Bearish Gap (11771-11797), which will act as Resistance. A break of the confluence Support can lead the Nifty down to another Support Zone of 11300-11315. Technically Speaking :- Sensex opened the week at 39476, made a high of 39476, low of 38435 and closed the week at 38736. Thus it closed the week with a loss of 777 points. At the same time the Nifty opened
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14.07.2019 SUPER CROP SAFE LTD (CMP23) Target -   50 SL – 17 Time Frame 12 to 24 Months Super Crop Safe Limited (SUCROSA) is one of the leading players in Agrochemical Industry with presence in more than 8 states with 2100+ distributors' network. It engaged in manufacturing of various types of agro chemicals like technical grade pesticides, formulation of  insecticides, fungicides and weedicides since inception. At present, the company supplies more  than 100 products in the market under various brand names. The Company moves towards biological and herbal products which are based on sustainable development that balances the need for economic growth with environmental protection and social equity. The Technical Grade Pesticides manufacturing unit & formulation unit are located at Himmatpura in Bilodra about 65 kms away from Ahmedabad on 20,000 sq. yd. land. During FY19, it has reported PAT of Rs.5.45crore on sales of Rs.64.75crore. Its bottom-line has  grown a