Trend Line Break
TREND LINE SUPPORT FOLLOWING TREND LINE MUST GODREJ PRODUCT SUPPORTING A TREND LINE KEEP UPDATE WITH TREND LINE GET CHANCE ENTRY LEVELS.980 HAS BEEN TAKE SUPORT FOR THE CHART.
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Godrej Consumer Q1 FY24 Highlights (Consolidated, YoY) Operating profit jumped 28% to Rs 681.83 crore (Bloomberg estimate: Rs 685.51 crore). Margin expanded to 19.8% from 17% due to easing of input inflation (Bloomberg estimate: 19.7%).
Godrej Consumer Q1 FY24 Highlights
(Consolidated, YoY) Operating profit jumped 28% to Rs 681.83 crore (Bloomberg estimate: Rs 685.51 crore). Margin expanded to 19.8% from 17% due to easing of input inflation (Bloomberg estimate: 19.7%).
Advertisement spends, as a percentage of sales, stood at 9.3%, up 59% year-on-year and 42.7% over the previous quarter to Rs 320.39 crore. India business sales grew by 9% to Rs 2,005.48 crore led by volume growth of 12%.
What is left after the gold CPI news?Gold prices make a modest recovery from July 7 lows around the $1911-$1910 region set during the Asian session this Friday and, for now, appear to have broken a four-day losing streak. price. XAU/USD is now trading around the $1,915-$1.916 region, up more than 0.10% on the day, despite a lack of bullish confidence and remains vulnerable.
The US dollar (USD) is having a hard time capitalizing on a solid overnight bounce from over-week lows on weaker consumer inflation figures from the United States (USD) and a pullback. from the vicinity of the monthly high. The softer greenback is seen as the main driver of money flow towards the US dollar-denominated Gold price
Buy FDC 2 328"Delivery Idea 14-07-23
FDC (CMP: 330.35)
Buy Price: 328
SL Below: 312
Target: 360"
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PNB Hourly chart looking bullishPNB Hourly looking bullish. It has trendline breakout/flag and pole breakout. Good to buy at 62.60 for target of 69 with sl below 61
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This is purely for training and educational purposes. We shall not be responsible for your profit or loss.
The stocks discussed or recommended here, may not be suitable for all investors. Investors must make their own investment decisions based on their specific investment objectives and financial position.
BREAKOUT, 20 MICRONS, 65% RETURNS!!!BUY - 20 MICRONS LTD
CMP - Rs. 101
Target - 1: Rs. 119
Target - 2: Rs. 142
Target - 3: Rs. 166
SL - 86
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Timeframe - 9-15 months
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Technicals - Bullish Triangle Breakout
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This is just a view by an expert analyst, please invest at your own risk.
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GOLD 9/8 : What will happen to the gold CPI news?Gold prices attracted some buying power during the Asian session on Wednesday and partially recovered the previous day's losses to the $1,923-$1,922 region, or four-week lows. XAU/USD is now trading just below $1,930, up nearly 0.20% on the day, though any meaningful upside still seems elusive.
A generally softer tone around the equity markets, coupled with a modest drop in the US Dollar (USD), turned out to be the main support factor for Gold prices. Weaker China trade data released on Tuesday raised concerns about a worsening outlook for the world's second-largest economy. In addition, Moody's downgraded the debt ratings of a number of US banks and reduced investor demand for riskier assets. Anti-risk money flows tend to favor safe-haven precious metals.
XAUUSD 8/9 : Today's CPI ForecastXAU/USD fell sharply early in the US session, hitting a fresh 4-week low of $1,922.74 per troy ounce, as demand for the US Dollar increased following comments from Reserve officials. Federal. unified report on the Consumer Price Index (CPI) of the United States (USA) July.
Philadelphia Federal Reserve Bank President Patrick Harker said they are getting back to more normalcy and while looking at the possibility of a soft landing, he added that supply chain problems are recovering. Furthermore, he said the Fed can be "patient" and keep rates steady, though he made clear September's decision will depend on upcoming data.
XAUUSD 10/8 : CPI is approachingGold (XAU/USD) prices fell to a one-month low as they fell to $1,914 in the early hours of the Asian session on Thursday. With that said, the precious metal doesn't welcome any positive news from China, or a drop in the US Dollar ahead of US inflation data. The reasons could be related to market concerns about the health of the banking industry and the global economy.
If the US inflation data turns upbeat, Gold Price could soon breach the key support level and slide below the $1,900 support while the upbeat outcome could trigger a corrective rally. correction has been long awaited.
NECLIFE Daily looking bullishNECLIFE Daily has trendline breakout, 200 ema support on daily candle. It has broken the zone.
Good to buy at 27.70 for target of 39 with sl below 22.90
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This is purely for training and educational purposes. We shall not be responsible for your profit or loss.
The stocks discussed or recommended here, may not be suitable for all investors. Investors must make their own investment decisions based on their specific investment objectives and financial position.
BREAKOUT, EQUITAS SMALL FIN BNK, 56% RETURNS!!!BUY - EQUITAS SMALL FIN BANK LTD
CMP - Rs. 98
Target - 1: Rs. 127
Target - 2: Rs. 154
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Here's the link to the previous chart -
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Timeframe - 3-6 months
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Technicals - Ascending Channel Breakout
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This is just a view by an expert analyst, please invest at your own risk.
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BREAKOUT, GATI LTD, 63% RETURNS!!!BUY - GATI LTD
CMP - Rs. 149
Target - 1: Rs. 202
Target - 2: Rs. 245
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Timeframe - 6-9 months
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Technicals - Bullish Flag Breakout
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This is just a view by an expert analyst, please invest at your own risk.
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ONMOBILE Daily looking bullishONMOBILE Daily looking bullish. It has trendline breakout with 200 ema support on daily candle.
Good to buy at 97.90 for target of 138 with sl below 72.30
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This is purely for training and educational purposes. We shall not be responsible for your profit or loss.
The stocks discussed or recommended here, may not be suitable for all investors. Investors must make their own investment decisions based on their specific investment objectives and financial position.
ZEE MEDIA Daily looking bullishZEE MEDIA Daily looking bullish, it has trendline breakout with 200 ema support on daily candle.
Looks like inverted head n shoulder breakout. Good to buy at 12 with sl of 10.50 for target of 17
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This is purely for training and educational purposes. We shall not be responsible for your profit or loss.
The stocks discussed or recommended here, may not be suitable for all investors. Investors must make their own investment decisions based on their specific investment objectives and financial position.