🚫Myth Buster 🚫
Myth – Stocks 📈that plummet have to go back up!
Fact – It is not necessary for all stocks that its price will go back to its original levels after a fall.
One of the best examples is Reliance Communications.
The stock which was trading at Rs 844.7 in January 2008, is currently priced Rs 1.70 on NSE, today!
Give a 👍🏻 if you want to know more about the popular Myths and Facts.
Myth – Stocks 📈that plummet have to go back up!
Fact – It is not necessary for all stocks that its price will go back to its original levels after a fall.
One of the best examples is Reliance Communications.
The stock which was trading at Rs 844.7 in January 2008, is currently priced Rs 1.70 on NSE, today!
Give a 👍🏻 if you want to know more about the popular Myths and Facts.
👍9
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Forwarded from Master Options Trading (Above Stocks Admin)
Sell Today's Expiry 17500 CE @ 17
SL 30
Target 0
SL 30
Target 0
All eyes on ITC's Q2FY23 numbers today
-Revenue expected at Rs 16,010 crore, up 25.7 percent YoY
-Profit expected at Rs 4,436 crore, up 17 percent YoY
Analyst Consensus Rating
Buys: 34
Holds: 1
Sells: 0
12-Month Target Price: Rs 356.27
-Revenue expected at Rs 16,010 crore, up 25.7 percent YoY
-Profit expected at Rs 4,436 crore, up 17 percent YoY
Analyst Consensus Rating
Buys: 34
Holds: 1
Sells: 0
12-Month Target Price: Rs 356.27
Axis Bank Q2 Preview: Net profit expected to surge amid margin expansion
The bank’s net profit is expected to surge 45 percent YoY to Rs 4,561 crore on the back of a 25 percent increase in net interest income to Rs 9,921 crore, as per the average of estimates of eight brokerages polled by Moneycontrol.
Analyst Consensus Rating
Buys: 44
Holds: 5
Sells: 0
12-Month Target Price: Rs 955
The bank’s net profit is expected to surge 45 percent YoY to Rs 4,561 crore on the back of a 25 percent increase in net interest income to Rs 9,921 crore, as per the average of estimates of eight brokerages polled by Moneycontrol.
Analyst Consensus Rating
Buys: 44
Holds: 5
Sells: 0
12-Month Target Price: Rs 955
JPMorgan View on Axis Bank
We have upgraded the rating of Axis Bank to overweight and raised the target price to Rs 990 from Rs 780 per share.
A 36 basis point sequential improvement in net interest margin is a key positive surprise and margin improvement drives 16 percent increase in FY23/24 earnings per share.
Valuations are attractive, and currently 25 percent below peer group.
Axis Bank touched a 52-week high of Rs 879.95 and quoting at Rs 873.50, up Rs 47.30, or 5.73 percent.
We have upgraded the rating of Axis Bank to overweight and raised the target price to Rs 990 from Rs 780 per share.
A 36 basis point sequential improvement in net interest margin is a key positive surprise and margin improvement drives 16 percent increase in FY23/24 earnings per share.
Valuations are attractive, and currently 25 percent below peer group.
Axis Bank touched a 52-week high of Rs 879.95 and quoting at Rs 873.50, up Rs 47.30, or 5.73 percent.
Goldman Sachs has kept a buy rating on Axis Bank with a target of Rs 1,053 per share. Gains are likely to sustain and push up pre-provision operating profit-return on asset.
INTRADAY: BUY ELECON ENGINEERING CASH ABOVE 366.5 SL 363 TGT 367,369 (CMP 365)
RELIANCE INDUSTRIES: CO TO DEMERGE FINANCIAL SERVICES UNDERTAKING AND LIST JIO FINANCIAL SERVICES || RIL SHAREHOLDERS TO GET ONE EQUITY SHARE OF JFS FOR ONE EQUITY SHARE HELD IN RIL 🔥🔥🔥
Forwarded from Master Options Trading (Rahul Mehta)
Today's Performance
UBL 1700CE above 22 - Target 1 achvd at 25 ( Profit 400*4 - 1600 per lot)
40500 PE buy - SL hit ( 60*25 - 1500 per lot)
40800 CE above. 330 - all target hit at 460 ( made high of 520 ( profit 190*25 - 4750 per lot)
Nifty 17600 CE @145 - SL hit at 100 ( 2250 loss per lot)
40900 CE buy above 325 - sold at 310 ( Loss of 375 per lot)
Total profit/loss - (6350 - 4125) = 2225 Profit
Banknifty rocked today ! Keep Trading Keep Laughing ☺️
UBL 1700CE above 22 - Target 1 achvd at 25 ( Profit 400*4 - 1600 per lot)
40500 PE buy - SL hit ( 60*25 - 1500 per lot)
40800 CE above. 330 - all target hit at 460 ( made high of 520 ( profit 190*25 - 4750 per lot)
Nifty 17600 CE @145 - SL hit at 100 ( 2250 loss per lot)
40900 CE buy above 325 - sold at 310 ( Loss of 375 per lot)
Total profit/loss - (6350 - 4125) = 2225 Profit
Banknifty rocked today ! Keep Trading Keep Laughing ☺️
👍4👎1
Forwarded from Master Options Trading (Rahul Mehta)
Diwali Muhurat Trading live at 6:15 to 7:15 pm ! Invest in some good quality stocks for long term on the auspicious day!