Posts

Showing posts from January, 2020
Image
26.01.2020 AAKASHAYA PATRA SEVEN STAR SMART EDUCATION SERIES PART – 33 The Five Steps to Consistent Profits 1.Working on Yourself 2.Developing a Business Plan 3.Develop a Trading System That Fits Each Market Type You Plan to Trade 4. Understanding the Importance of Position Sizing 5. More Ideas for Producing Optimal Developing a Working Business Plan(SWOT analysis) a good business plan includes a thorough examination of the person who is doing the trading: beliefs, issues, strengths,weaknesses, Opportunities ,Threads. Everything you can think of about yourself Your assessment of the big picture and how you’ll keep up with it. Guide to Success in the Markets •        Have a Plan for Your Trading/Investing •        Having a Mission Statement behind Your Trading •        Is Critical to Your Success as a Trader •        What Are Your Goals and Objectives? •        Market Beliefs •        Understanding the Big Picture •        What Are Your T
Image
26.01.2020 AAKASHAYA PATRA EXCLUSIVE STOCK FOR INVESTMENT UNITED BANK OF INDIA LTD CMP 9 FACE VALUE : Rs.10 ENTER LEVEL – 8 TO 9 STOPLOSS-ZERO TARGET 50 IN 36 MONTHS Founded in 1950, United Bank of India provides various banking products and services in India. The company operates through Treasury,Corporate/Wholesale Banking, Retail Banking, and Other Banking segments. It had a branch network of more than 2055 branches and network of 2000 ATMs. It has an equity base of Rs.7429.92crore that is supported by reserve of around Rs.3147.18crore. The promoters (Government of India) hold 97.41%, LIC of India hold 1.05% while other investing public hold only 1.54% stake in the company.Bank was suffering from bad loan issue like other PSU banks. But fortune of this bank already changed and it posted turn around numbers in H1FY20." During Q2FY20, it posted PAT of Rs.123.88crore against loss of Rs.883.17crore. During H1FY20, it posted PAT of Rs.228.87crore against loss o
Image
26.01.2020 AAKASHAYA PATRA WEEKLY MARKET OVERVIEW Last two and half years has seen the Frontline Indices outperform the Mid-Cap Indices by a huge margin. The divergence between both the indices became too glaring and every attempt to rally by the Mid-Cap indices was thwarted by the Bears. This time, finally the breakout in Mid-Cap Index has sustained and the out-performance is clearly visible. Last four weeks has seen the Nifty stay at the same level whereas the Mid-Cap100 Index has gone up by more than 7%. This out-performance is also seen in this week's performance as Nifty was down by around 1% this week whereas the Mid-Cap 100 index was up around 1.5%. The convergence between both the indices has set in and it is likely to continue in the near future. Hence the focus should be on selection of good Mid-Cap and Small-Cap stocks for strong outperformance. TECHNICALLY SPEAKING :- Sensex opened the week at 42263, made a high of 42273, low of 41059 and closed the we
Image
19.01.2020 AAKASHAYA PATRA SEVEN STAR SMART EDUCATION SERIES PART – 32 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), unclaimed deposits, credit balances i
Image
19.01.2020 AAKASHAYA PATRA EXCLUSIVE STOCK FOR INVESTMENT: PRESSMAN ADVERTISING   ENTER LEVEL – 25 TO 28 STOPLOSS 19 TARGET 45 IN 12 MONTHS Calcutta base company come in to existence in the year 1983.company is specializes in media planning, buying, and designing as well as public relation also handling government advertising campaigns and corporate branding and products. All advertisement and public relation under one roof. Its total equity base is only 4.70 crore its balance sheet shows resurve and surplus of 32 crore approximately. No debt on company. Promoters’ hold 47.19% investors holds 52.81% equity stake in this company. During H1FY20 its net profit stood to 3.27 cr on sales of 17.17 cr which give us EPS of 1.39 rupees. This company has restructure its operations in the first half the year and this is expected to have significance positive impact in its performance during second half the current fiscal year. Currently stock is trading @ P/E 11 times.
Image
19.01.2020 AAKASHAYA PATRA WEEKLY MARKET OVERVIEW   The Indian market scaled new peaks in the week ended January 17 with Sensex climbing Mount 42000 for the first time. Optimism over the upcoming Budget on February 1 and the ongoing Q3 earnings season helped bulls maintain their hold on the D-Street. The rally finally seems to be getting broad-based as Nifty Midcap and Small cap indices managed to outperform the front liners. Both indices logged 4 percent gains in the week gone by, compared to the BSE Sensex and Nifty50 which gained 0.8 percent each."Markets will witness higher volatility but in terms of price, they might just move higher before the Budget. We are expecting the positive momentum to continue in the upcoming week, though some correction could be in the offing given the premium valuations. Stock-specific activity will guide the market as we get deeper into the earnings season. M id cap and Small cap spaces are likely to continue their outperformance w
Image
India Paper Money A Retrospect : 1770-2020 Financial Instruments and 'Hundies' in India have a venerable history. Paper Money, in the modern sense, traces its origins to the late eighteenth century with the issues of private banks as well as semi-government banks (the Bank of Bengal, the Bank of Bombay and the Bank of Madras alluded to as the Presidency Banks). Among the earliest issues were those by the Bank of Hindostan (1770-1832), the General Bank in Bengal and Bahar (177 3-75, established by Warren Hastings), the Bengal Bank (1784-91), amongst others. Few of these notes survive. The Paper Currency Act of 1861 conferred upon Government of India the monopoly of Note Issue bringing to an end note issues of Private and Presidency Banks. Paper currency in India owed much to the intellectual stimulus and personal dynamism of Sir James Wilson, the first Finance Member in the Executive Council of the Viceroy of India. With the early death of Sir James, the task of i