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Showing posts from February, 2020
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23.02.2020 AAKASHAYA PATRA WEEKLY MARKET OVERVIEW It was a truncated week but not bereft of excitement and uncertainty. The pull-back witnessed on Wednesday has clearly defined the Trading Range for the Nifty, which is 11900-12250. Since Nifty has formed a Bullish Island Reversal on Wednesday, there is high probability of further upward movement. Only a close below Nifty 11908; will negate the Bullish Island Reversal pattern. For the week gone by, Nifty has been gyrating between 100dma as Support and 50dma as Resistance. A break of 50dma on the upside is likely to propel Nifty towards life-high levels and a bearish break of 100dma will push the Nifty down to test the Support of 200dma. Once again the Mid-Cap Index outperformed the Frontline Indices, which indicates that the Mid-Cap Rally is likely to gather more steam in the days to come. Technically Speaking :- Sensex opened the week at 41324, made a high of 41420, low of 40610 and closed the week at 41170. Thus
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23.02.2020 AAKASHAYA PATRA EXCLUSIVE STOCK FOR INVESTMENT: MADISON  METALS CMP 34 ENTER LEVEL – 32 TO 30 STOP LOSS -25 TARGET 60 IN 24 MONTHS Madison  Metals Limited manufactures and sells electrical contacts for low, medium, and high voltage switch gear  industries in India and internationally. The company provides electrical contacts for low voltage applications,including silver tin oxide, steel/ni/cupro nickel backed button, solid/bimetal rivets, silver tungsten and silver tungsten carbide, and silver cadmium oxide contacts;silver brazing alloys, dispersion strengthened copper,fine silver powder/granules, and silver graphite; and silver inlays, edge lays , overlays, through lays, and copper/brass toplays. It also offers electrical contacts for medium voltage applications, such as copper,copper zirconium, copper chromium, and copper chromium zirconium current carrying parts;copper tungsten, EB welded arcing, and brazed arcing contacts; eutectic brazing alloys
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 23.02.2020 AAKASHAYA PATRA SEVEN STAR SMART EDUCATION SERIES PART  35 Factors to consider while analyzing any company for long term investment Last week we had seen Porter's Five Forces Model for Industry Analysis and from this week we will try to understand various factors which one needs to consider while analyzing any company for long term investment. Company Analysis is the final stage of fundamental analysis wherein investor analyses both qualitative and quantitative aspects of various companies and select a few companies which are good from a medium to long term investment point of view. Qualitative Aspects - These are non-numerical characteristics of a business or a company and mainly revolve around company's competitive advantage and how the company is managed.Warren Buffett has always been concerned about two things - economic moat and the management of the company. According to him, the future of any company rests upon the quality, competence an
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 09.02.2020 AAKASHAYA PATRA SEVEN STAR SMART EDUCATION SERIES PART – 34 : What is Distressed Companies Distressed securities are securities of companies or government entities that are either already in default, under bankruptcy protection, or in distress and heading toward such a condition. When companies enter a period of financial distress, the original holders often sell the debt or equity securities of the issuer to a new set of buyers. In recent years, private investment partnerships such as hedge funds have been the largest buyers of distressed securities. Other buyers include brokerage firms, mutual funds, private equity firms, and specialized debt funds (such as collateralized loan obligations) are also active buyers. Investors in distressed securities often try to influence the process by which the issuer restructures its debt, narrows its focus,or implements a plan to turn around its operations. The US has the most developed market for distressed securities. O
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09.02.2020 AAKASHAYA PATRA WEEKLY MARKET OVERVIEW: Market shrugged off the disappointment of the Budget and the Bulls were back in business.Support Zone - I, which was a confluence of 200DMA, 50 WMA, Golden Ratio and 61.8% Retracement, held strong and the Market saw a sharp recovery. As a result, the Nifty is now near 12100 and is now trying to conquer the 20dma and 50dma. Bullish Piercing line with very long lower shadow, formed for this week, is proof of strong Buying support at lower levels. A close above 12160 can propel the Nifty towards its life-high levels. Interestingly Mid-Cap and Small-Cap Indices are outperforming Nifty consistently in every fall and every rise, which indicates their strength.Mid-Cap100 and Mid-Cap50 Indices are now within striking distance from their recent highs. One should use every decline to buy good quality Mid-Cap and Small-Cap stocks. Technically Speaking :- Sensex opened the week at 39701, made a high of 41405, low of 39563 and clos
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09.02.2020 AAKASHAYA PATRA EXCLUSIVE STOCK FOR INVESTMENT: PUDUMJEE PAPER CMP 16 ENTER LEVEL – 15 TO 16 STOPLOSS-ZERO TARGET 30 IN 24 MONTHS Pudumjee Pulp & Paper Mills Ltd. (PPPM) established in the year 1964, started with the manufacture of high quality papers to meet customers critical and demanding requirement in packaging of food and oily products. Pudumjee Paper Products Limited was incorporated on 14th January, 2015 as a public limited company under the provisions of the Companies Act, 2013.Pursuant to the Scheme of Arrangement and Reconstruction (Demerger) between Pudumjee Pulp & Paper Mills Limited (PPPM), Pudumjee Industries Limited (PIL),Pudumjee Hygiene Products Limited (PHPL), Pudumjee Paper Products Limited (PPPL) and their respective Shareholders and Creditors, the paper manufacturing businesses of PPPM, PIL and Hygiene products business of PHPL have been transferred to Pudumjee Paper Products Limited with effect from 1st April, 2014 vide orde