Stock Market Education

08.12.2019 AAKASHAYA PATRA SEVEN STAR SMART EDUCATION SERIES PART – 31 EFFECTS OF MONETARY POLICY Banks, are a key constituent of the economy. They are a key vehicle through   which RBI implements its monetary policy and exchange rate policy. The following are key   concepts to understand in this regard: 1.Cash Reserve Ratio (CRR) Scheduled Commercial Banks are required to maintain with RBI, an average cash balance, the   amount of which shall not be less than 6% of the total of the Net Demand and Time Liabilities   (NDTL) in India. Demand Liabilities include all liabilities which are payable on demand and they include current   deposits, demand liabilities portion of savings bank deposits, margins held against letters   of credit/ guarantees, balances in overdue fixed deposits, cash certificates and cumulative/   recurring deposits, outstanding Telegraphic Transfers (TTs), Mail Transfer (MTs), Demand   Drafts (DDs), ...

08.12.2019 AAKASHAYA PATRA WEEKLY MARKET OVERVIEW:  The Nifty has been trading in a 200-point range in the past 14 sessions. It was at least 6 times in the last 14 days, that the index attempted to overcome the 12,000 mark on a closing basis; it managed to do so on 7th November but with a bearish formation on the charts. The Nifty did sustain above the 11,800 mark during the period but posted bearish or indecisive formations. The volumes have been below average and the market breadth was negative on most of the days. Even on a positive day like Tuesday (19th November) when the Nifty posted a 55.6 point gain, the breadth was negative. Domestic institutions have been net sellers in the month of November until now and FIIs too have turned net sellers in each of the past four trading days. The index heavyweight Reliance Industries and BFSI stocks held the Nifty near its lifetime highs. With the help of these, for the second consecutive week, the Nifty has been able to hold th...

08.12.2019 AAKASHAYA PATRA EXCLUSIVE STOCK FOR INVESTMENT:  CASTROL INDIA  ENTER LEVEL – 150 TO 140 STOPLOSS 135 TARGET 175 IN 12 MONTHS There are early signs of Castrol India coming out of its four-year down trend. After breaking down from the `177 base of parallel lows and descending highs, it formed two lower highs and lower lows on the weekly chart. The 50-DMA is about to cross the 200-DMA. On the daily chart, it has broken out of a bullish flag pattern with a massive volume on Tuesday. It is making higher highs consistently after a flat base pattern in August'19. It is now on the verge of a breakout with another big 150 days cup and handle pattern, with a depth of 34.8 per cent. The cup pivot or handle beginning high is at `159.4. The MACD is above the zero line and the histogram is in a bullish territory for the past 10 weeks. The RSI is in an extreme bullish zone. Stochastic has given a buy signal from an extreme oversold condition. The stock is als...