MARICO LTDLong
MARICO: Opportunity for coming days.
Updated
Some Fundamentals:
Beta : 0.4370
Annual div yield (ADY): 1.43%
Div yield(5 year avg): 0.82%
Div growth rate (5 year): 58.49%
Some Discussion on "BETA":
A measure of a stock's risk of volatility compared to the overall market.
The market's beta coefficient is 1.00. Any stock with a beta higher than 1.00 is considered more volatile than the market, and therefore riskier to hold,
whereas a stock with a beta lower than 1.00 is expected to rise or fall more slowly than the market.
In strict percentage terms, Marico with a beta of 0.437 is likely to rise or fall 0.437% if the market rises or falls 1.00 per cent.
Low-beta stocks are also called defensive stocks because investors like to hold them when the market is on a downtrend or is particularly volatile.
High-beta stocks tend to be favoured when the market is rising steadily and investors are happy to take greater risks in order to maximize returns.
All trading related values & technical thoughts plotted & mentioned on chart.
More Updates on Market hours. (if necessary)
Don't forget to Click / Tap LIKE button, as Like is Barometer of Usefulness.
Disclaimer: Only For STUDY. For Taking Trade Decision Consult Financial Advisor.
Have not follow time-line all the time, Sorry in Advance if view conflicts.
Special Note:
Yesterday Given View on: DIVISLAB, AMARAJABAT, KOTAKBANK, REPCOHOME, all Positions are in Green also achieved TARGET#1 &TARGET#2 ( Amarajabat).
BY MISTAKE: BANKNIFTY: FUT+ Spot, At a Glance for Trade Date "24th Aug 2017" mis-typed as "23rd Aug 2017".
Beta : 0.4370
Annual div yield (ADY): 1.43%
Div yield(5 year avg): 0.82%
Div growth rate (5 year): 58.49%
Some Discussion on "BETA":
A measure of a stock's risk of volatility compared to the overall market.
The market's beta coefficient is 1.00. Any stock with a beta higher than 1.00 is considered more volatile than the market, and therefore riskier to hold,
whereas a stock with a beta lower than 1.00 is expected to rise or fall more slowly than the market.
In strict percentage terms, Marico with a beta of 0.437 is likely to rise or fall 0.437% if the market rises or falls 1.00 per cent.
Low-beta stocks are also called defensive stocks because investors like to hold them when the market is on a downtrend or is particularly volatile.
High-beta stocks tend to be favoured when the market is rising steadily and investors are happy to take greater risks in order to maximize returns.
All trading related values & technical thoughts plotted & mentioned on chart.
More Updates on Market hours. (if necessary)
Don't forget to Click / Tap LIKE button, as Like is Barometer of Usefulness.
Disclaimer: Only For STUDY. For Taking Trade Decision Consult Financial Advisor.
Have not follow time-line all the time, Sorry in Advance if view conflicts.
Special Note:
Yesterday Given View on: DIVISLAB, AMARAJABAT, KOTAKBANK, REPCOHOME, all Positions are in Green also achieved TARGET#1 &TARGET#2 ( Amarajabat).
BY MISTAKE: BANKNIFTY: FUT+ Spot, At a Glance for Trade Date "24th Aug 2017" mis-typed as "23rd Aug 2017".
Note
Achieved TGT #1 @ 316.20made High @ 317.5
Note
Achieved TGT #2 @ 320.3made High @ 320.8
Bounced from Best BUY @ 312 - @ 308.
Trade closed manually
made HIGH @ 348.70 (+10%)View Given @ 315
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Disclaimer
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