MARICO: Opportunity for coming days.

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)

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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".
Comment: Achieved TGT #1 @ 316.20
made High @ 317.5
Comment: Achieved TGT #2 @ 320.3
made High @ 320.8

Bounced from Best BUY @ 312 - @ 308.
Trade closed manually: made HIGH @ 348.70 (+10%)
View Given @ 315
Your idea great sir
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