Stock Market Education

The current Rally was not only huge but also very sharp and fast. It is so typical of a Bear Market Rally which creates doubts in the minds of Market participants whether a Bull Market has resumed. Even though the Nifty has managed to close above the 200 Weekly MA, the Weekly candlestick Formation is a Neutral formation and raises doubts regarding the current Upward Rally. More importantly, both the indices hit a roadblock in the form of 61.8% Retracement (Nifty 10551) by forming a Bearish Engulfing on daily charts. This suggests a Short Term Reversal unless Nifty closes above 10553. Hence in the near term, Nifty can consolidate between 10500-10000.   In the short term, it is a 'Buy on Declines'; but the question still remains about the Long Term trajectory of the Market. In the Long term timeframe, we still remain in a Bear Market. Bear Market Rallies are usually sharp and deceptive giving the impression that the worst is over, but the fact remains opposite. Nifty is curre...

T D POWER SYSTEMS LTD CMP 120 ENTRY 110 TO 1115 STOPLOSS 90 TARGET 250++ TIME: 36 MONTHS TDPS is one of the leading manufacturers of AC Generators in the world with products in the output range of 1 MW to 200 MW for prime movers, such as steam turbines, gas turbines, hydro turbines, diesel engines, gas and wind turbines. Company also manufactures special application generators for Geo Thermal & Solar thermal applications. Company focuses on manufacturing custom-designed generators for its customers who are based all over the world. Since inception, company has manufactured 4,496 generators, including generators exported to 73 countries, with aggregate output capacity of 32,632 MW. Company has also completed 110 TG island projects & 14 BTG projects with aggregate output capacity of 3,243 MW. Company has three manufacturing facilities in Bangalore, backed by captive power/water supplies and a well-developed ancillary vendor network. TDPS has its own technology for generators...

Balance Sheet of A Company Most Important Part of Company's Annual Report       Asset Section : This section of the Balance Sheet talks about the resources  held by the company which will help it in generating revenues.These assets can be broadly divided into non-current assets or current assets.   1. Non-current Assets - Non-Current Assets also known as long-term assets include resources which are not expected to be consumed or sold within the normal operating cycle of a company,such as equipment, machinery and plant. It also includes assets which are not converted into cash within 12 months from the balance sheet date.   " Tangible Assets - Non-current Tangible Assets also known as fixed assets are the assets that a company owns to carry out its business. These assets are normally not meant for resale for example land, buildings, plants, machineries,furniture, fixtures and office equipment.   " Capital Work in Progress (CWIP) - ...