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Axis Bank projection For Next 30 DaysAxis Bank is one of the leading private sector banks in India. Here are the key details and a brief history of Axis Bank: ### Details: - **Full Name**: Axis Bank Limited - **Founded**: 1993 - **Headquarters**: Mumbai, Maharashtra, India - **CEO**: - **Industry**: Banking, Financial Services - **Products**: Retail banking, corporate banking, wealth management, investment banking, and treasury operations - **Stock Listing**: Axis Bank is listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) of India. ### History: 1. **1993**: Axis Bank was founded as UTI Bank, jointly promoted by the Unit Trust of India (UTI), Life Insurance Corporation of India (LIC), General Insurance Corporation (GIC), and its four subsidiaries. 2. **1994**: The bank started its operations and opened its first registered office in Ahmedabad, Gujarat. 3. **1998**: UTI Bank went public with an initial public offering (IPO). 4. **2007**: The bank was renamed Axis Bank to reflect its universal banking capabilities. 5. **Expansion**: Over the years, Axis Bank has expanded its network across India and overseas, offering a comprehensive range of financial services. Axis Bank has established itself as a significant player in the Indian banking sector, known for its wide array of services catering to retail, SME, and corporate customers. It has also been recognized for its digital innovations and customer service.
NSE:AXISBANKShort
by TheGoldenFarmsofEquity
Power and transformer sector trend in IndiaAs demand for power (renewable energy) demand keeps increasing, due to surging power demand domestic and industrial, with go green initiative and new sectors like data centers and EV's. keep an eye on major players in transmission and transformer sector, As India tends to invest heavy in transmission and EPC sector, I have plotted some major stocks that still have gas to go to moon. keep an eye on TARIL & SHILCHAR. this is one year performance in this high growth sector.
NSE:TARILLong
by viveklondhe
2
Nifty View For Next 10 DaysThe **Nifty 50** is a stock market index comprising 50 of the largest and most liquid publicly traded companies on the National Stock Exchange (NSE) of India. It is a key benchmark for the Indian equity market and represents a diversified portfolio of companies across various sectors. ### Key Characteristics: - **Established**: The Nifty 50 index was introduced in 1996 by the NSE. - **Composition**: It includes large-cap companies from sectors such as finance, information technology, consumer goods, energy, and healthcare, among others. - **Market Capitalization**: The Nifty 50 reflects the overall market capitalization of its constituent companies, which represent around 65% of the total market capitalization of the NSE. - **Calculation**: The Nifty 50 is calculated using the free float market capitalization method, where the weight of each stock is based on its market capitalization and the number of shares available for trading. ### Notable Companies: Some of the prominent companies in the Nifty 50 include: - **Reliance Industries** - **HDFC Bank** - **Infosys** - **Tata Consultancy Services (TCS)** - **ICICI Bank** - **Bharti Airtel** ### Role in the Market: - **Benchmark for Investors**: It serves as a barometer for the Indian stock market and is used by investors, mutual funds, and financial analysts to gauge market performance. - **ETFs and Derivatives**: Various exchange-traded funds (ETFs) and derivative products are based on the Nifty 50, allowing investors to track or trade the index. Overall, the Nifty 50 plays a crucial role in Indian financial markets, offering a snapshot of the performance of the country's largest and most influential companies.
NSE:NIFTYShort
by TheGoldenFarmsofEquity
USDCHF_H4USD/CHF Currency Pair Analysis: From a technical perspective, USD/CHF on the 4-hour time frame, after multiple BOS (Break of Structure) formations, has now created a CHOCH (Change of Character) and broken the last low of the uptrend to the downside. Currently, with the decline of the moving averages on the ALLIGATOR indicator, there is a possibility of a price decrease. Overall, this scenario is strengthened by the condition that USD/CHF, unless a 4-hour candle close occurs above the Fair Value Gap (FVG) in the range of 0.9090-0.9067, could potentially decline towards the FVG in the range of 0.8949-0.8937.
Short
by Arshia_Technomental
1
USDCAD_H4- Connection to Oil Prices: The rise in crude oil prices, following the announcement of a decrease in US oil inventories and supply concerns due to new US sanctions on Russia, has strengthened the Canadian Dollar. - Canada’s Role in the Oil Market: Canada is the largest oil exporter to the United States, and fluctuations in oil prices directly affect the value of the Canadian Dollar. Outlook - US Dollar: Lower-than-expected inflation data and the possibility of rate cuts by the Federal Reserve are likely to result in further depreciation of the US Dollar. Upcoming economic reports, such as retail sales and production indices, will play a key role in the next movement of the USD. - Canadian Dollar: Continued oil price increases and positive economic data could strengthen the Canadian Dollar against the US Dollar. Investors should keep an eye on reports related to Canada’s production and exports.
Long
by Arshia_Technomental
1
hdfc bank view HDFC Bank, one of India's leading private sector banks, was established in 1994. Its origins and development reflect the transformation of India's banking sector during the 1990s, following the liberalization of the Indian economy. ### Key Milestones in HDFC Bank's History: #### 1. **Foundation and Early Years (1994-1999)** - **Incorporation**: HDFC Bank was incorporated in August 1994 in Mumbai, Maharashtra. It was promoted by the Housing Development Finance Corporation Limited (HDFC), India's premier housing finance company. - **Banking License**: In January 1995, the Reserve Bank of India (RBI) granted HDFC Bank a banking license, allowing it to operate as a scheduled commercial bank. - **IPO Launch**: In 1995, HDFC Bank went public, listing its shares on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). The IPO was well-received, reflecting investor confidence. - **Early Operations**: The bank initially focused on corporate banking, capitalizing on the growing demand for professional banking services. #### 2. **Expansion and Growth (2000-2010)** - **Branch Network**: HDFC Bank aggressively expanded its branch network across India, establishing a strong presence in urban and semi-urban areas. - **Technological Leadership**: The bank was among the pioneers in adopting advanced technology, offering internet banking, phone banking, and ATMs for customer convenience. - **Merger with Times Bank**: In 2000, HDFC Bank merged with Times Bank, the first merger in the private banking sector in India. This significantly boosted its customer base and geographical reach. - **Retail Banking Growth**: The bank expanded its focus to include retail banking, offering personal loans, credit cards, and savings accounts, gaining a diverse customer base. #### 3. **Dominance and Diversification (2011-2020)** - **Leadership**: Under the leadership of Aditya Puri, HDFC Bank became synonymous with stability, efficiency, and innovation. Puri served as the Managing Director from its inception until October 2020, making him the longest-serving CEO of any private bank in India. - **Digital Transformation**: The bank introduced mobile banking apps and enhanced its digital offerings, positioning itself as a leader in digital banking. - **Market Capitalization**: By 2020, HDFC Bank became the largest private sector bank in India by market capitalization. #### 4. **Recent Developments (2020-Present)** - **Leadership Change**: In 2020, Sashidhar Jagdishan succeeded Aditya Puri as the Managing Director and CEO. - **Technological Challenges**: Despite its technological edge, the bank faced some issues with outages in digital services, prompting RBI to impose temporary restrictions on new digital launches. - **Merger with HDFC Ltd**: In April 2022, HDFC Ltd announced a merger with HDFC Bank. This landmark deal, finalized in 2023, combined the strengths of the two entities, creating a financial services powerhouse. ### Current Status: As of today, HDFC Bank is one of the most trusted banks in India, known for its robust financial performance, customer-centric approach, and innovative services. It operates a widespread network of branches and ATMs and continues to play a pivotal role in India's economic growth.
NSE:HDFCBANK
by hariwadhwa
2
Series "Effective capital management - The key to success!"While waiting for the results of the trading plan. There is a little experience for those new to the market that I want to share with you. It is also the lessons I have experienced. If you have any questions, please leave a comment. I will answer for you. 🌟Lesson 1: Why do we need CAPITAL MANAGEMENT 📌 Many people after suffering financial losses often have a feeling of fear. But they really do not understand where their fear comes from and what they are really afraid of? 📌 We all cannot really distinguish between the fear of LOSING MONEY and the fear of the MARKET. 📌 The fear of losing money mostly comes from players with less than 1 year of experience and they do not know how to manage the capital assets they are holding. They enter the trading profession mostly with the money they have saved their whole life, an amount of money that is too large compared to their financial reserve. 👉👉👉I temporarily call this the TRADE OF A LIFE. ⚠️⚠️⚠️Its characteristics are easy to recognize They often use 100% or more than 50% of their total assets to participate in the game, but they are essentially newbies. Therefore, when they lose, they are easily held back by a negative account loss of nearly 80%. Then they call for help everywhere and easily fall into a crisis and mental stress. ⛔ This is a fear that easily leads to despair. 📌 Fear of the MARKET is different: Fear mostly comes from players who are just starting to analyze, explore and have a little experience, but still lose. This fear lasts and gradually makes traders respect the market and be less arrogant when placing orders. ✅ This fear is good: It helps us be more serious about capital management. Reduce excessive sublimation in trading. Know how to respect the market. 💡 Fear and respect for MARKET is respect for your assets. 💎 THAT RESPECT IS CALLED: CAPITAL MANAGEMENT. Let's wait for Part 2: Instructions on how to effectively manage capital for beginners
OANDA:XAUUSD
by TonyL0ng
A rally to exitSenco CMP 1028 Inverted V- that's a directional signal and preparing you in advance, that the fall has just begun. Fib- the stock is at fib and trendline support. Hence a rally from here is very likely. In my view 1259 is a high probability from here. Elliott- The A leg of the correction has 5 waves hence this is the first leg of the 3-wave correction. The B wave can go all the way to 1400. Conclusion- since I can see the Inverted V I will not want to push my luck. In my view one should book it around the 1260 zone.
NSE:SENCO
by singh17vivek
Can RELIANCE be accumulated at the Current Market Price(CMP) ?Reliance: Bullish Potential Above Monthly Trendline! 🚀 If Reliance closes above the trendline on the monthly timeframe, it signals a strong buying opportunity for accumulation. Watch closely for confirmation! "Reliance: Technicals Indicate Strength, But Patience is Key!" "The chart is technically looking good; As one can see price is forming a Ascending channel pattern. However, it's essential to wait for the monthly candle to close above the trendline before taking action. Patience remains the cornerstone of successful investing and trading. Stay disciplined and wait for confirmation!" > Premature entries can lead to unnecessary risks. >Always prioritize confirmation over anticipation
NSE:RELIANCE
by Pratik_Barchha