Stock Market Education

*AAKASHAYA PATRA EXCLUSIVE STOCK FOR INVESTMENT:* 26.04.2020 Balkrishna Industries CMP 867 ENTRY 825 TO 850 STOPLOSS 600 TARGET 1400++ TIME: 12 MONTHS Balkrishna Industries : Balkrishna Industries is one of the leading company in Off-The-Road(OTR) tyre market. Balkrishna Industries' key products/revenue segments include Tyres & Tubes which contributes 95-96 per cent of total sales. The demand recovery for agriculture equipment and scope for higher share in overseas markets will drive earnings growth in the medium term. The company sells its product under the BKT brand and generates nearly 80 per cent of revenue from overseas markets by supplying tyres used in agricultural and mining operations. The measures undertaken by the company have helped it protect margins whenever demand has not been good. The Global OTR Tire Market stood at over $19 billion in 2019 and is projected to cross $31 billion by 2025, on the back of a growing number of infrastructure developmen...

*AAKASHAYA PATRA SEVEN STAR SMART EDUCATION SERIES PART – 41 :* 19.04.2020 Annual Report of a Company An annual report is a comprehensive report on a company's activities throughout the preceding year. This report is intended to give shareholders and other interested people information about the company's activities and financial performance.As per the Indian company law, each and every listed company has to prepare its annual report and distribute to its shareholders within a specific time limit after the end of that financial year. The annual report of a company is also available on company's website in the investors section and also available on websites of the stock exchanges.Annual Reports are normally well presented and tremendous amount of information is provided in it so that existing investors, potential investors and other stakeholders can understands the nature and scope of the business, its recent developments and future outlook. Since the annu...

*AAKASHAYA PATRA EXCLUSIVE STOCK FOR INVESTMENT:* 19.04.2020 PI Industries CMP 1418 ENTRY 1380 TO 1400 STOPLOSS 1250 TARGET 1800++ TIME: 12 MONTHS IMD has announced that it expects monsoon rainfall to be normal this year. Seasonal rainfall over the country as a whole is likely to be normal (96-104%). It will benefit companies like PI industries. PI Industries offers robust growth opportunities in the high margin segment from the medium- to long-term perspective while its debt-free balance sheet offers a high level of comfort.One brokerage is enthused about the company’s diversification into the high growth specialty chemicals business which offers a multi-year growth story. For the quarter ended December 31, 2019,the company reported consolidated sales of Rs 849.80 crore, down -6.35 per cent from last quarter sales of Rs 907.40 crore and up 20.11 per cent from last year same quarter sales of Rs 707.50 crore. The company reported net profit after tax of Rs 121.20 crore i...

*AAKASHAYA PATRA WEEKLY MARKET OVERVIEW:* 19.04.2020 Once again a truncated week, but there wan no dearth of drama. The Nifty after a long time traded the entire week in a range of just 500 points, which in current scenario is an acceptable scenario for most market participants. Volatility Index India VIX dropped another 16% for the week which is a welcome scenario for the Bulls. In the process, Nifty has managed to close above 9200 and is now within striking distance of 38.2% Retracement which is at 9390. Retracement levels for the Nifty are placed at 9390-9970-10551. On a note of caution, Nifty has formed a Hanging Man pattern which can have Bearish connotations, provided we have a Bearish candle formation on Monday. More importantly, one needs to remember that this is a Bear Market and there will be sharp Pull-Back rallies which can fizzle out very fast. Hence it is suggested to adopt a Cautious approach. Technically Speaking :- Sensex opened the week at 31195, made ...

*AAKASHAYA PATRA SEVEN STAR SMART EDUCATION SERIES PART – 40 :* 12.04.2020 Extent of Pledging of Shares by Promoter Watch it Carefully! Pledging of share means,lending shares as collateral for taking loan.Promoters of a company often pledge their shares to raise funds for the needs like raising money for converting warrants issued to them into shares, fresh purchase of shares of their own company from secondary market, personal needs or obligations, need of working capital for the company,business expansion, funding new acquisitions, etc. Pledging of shares is common in those companies where the promoter holding is higher. According to a rough estimate promoters of more than 75% of listed companies in India have pledged their shares, under certain situations.Generally, pledging of shares is the last option for the promoters, used only after exploring all the alternate sources for raising funds. This is because the cost of such funding is always higher as compared t...

*AAKASHAYA PATRA EXCLUSIVE STOCK FOR INVESTMENT:* 12.04.2020 JAGSONPAL PHARMACEUTICALS LTD CMP 24.5 ENTRY 20 TO 22 STOPLOSS 16 TARGET 50++ TIME: 24 MONTHS Incorporated in 1964, Delhi based Jagsonpal Pharmaceuticals Limited develops and manufactures active pharmaceutical ingredients (APIs) and formulations. Its APIs include allylestrenol, dextropropoxyphene HCL, dextropropoxyphene napsylate, disulfiram, thiopental sodium, thiopental acid, tolnaftate, and sildenafil citrate, as well as metformin HCL, BP, USP, and EP. The company also offers formulations for various therapeutic categories, such as anabolic steroids, analgesics, anesthetics, anti-allergic, anti-asthamatics,anti-cholinergic agents, anti-convulsants, anti-diabetics, anti-diarrhoeals, anti-emetics, anti-epileptics, antifungal agents, anti-gout agents, anti-inflammatory agents, anti-malarials, anti-nauseants, anti-protozoals,anti-pyretic, anti-rheumatic drugs, anti-spasmodic agents, and anti-septic agents. The co...

*AAKASHAYA PATRA WEEKLY MARKET OVERVIEW:* 12.04.2020 It was not only a truncated week but one with full of gap ups and gap downs. This week Volatility Index IndiaVIX dropped by another 11% on the back of 21% drop last week, which propelled the Rally for this week. This week started on a very bullish note on Tuesday, negating the bearishness of last Friday, when the Nifty formed a Bullish Kicking Line pattern. Weekly timeframe too suggests similar Bullish formation,which helped the Nifty close the week above the 20dma for the first time since February;thereby reversing the Short Term Trend to Bullish. One should remember that it is only short term Pull-Back in long term Downtrend. Hence one should consider this as a Pull-Back Rally and the levels for that are placed at Nifty 9390-9970-10551. The current Rally will gain further strength if there is positive news from the Corona front Technically Speaking :- On the daily charts, both the indices have formed a real white ...