According to a company official, IPO-bound payment provider firm MobiKwik expects to report a 100% growth in revenue for the current fiscal year. The company’s COO and chairperson said that this MobiKwik IPO is a significant opportunity for the firm. She further added that MobiKwik would not launch its IPO during unstable market conditions and …
On 28 January 2022, Kotak Mahindra Bank informed the public of a rise in net profit to Rs. 2,131 crores which was a tad above the analysts’ expectation of Rs. 2,073 crores. This also happens to be a 15% year-on-year increase in net profit. To know more details about this story, read below. Key Highlights …
Persistent Systems share price rose 6% during Friday’s early trade as the company reported a rise in its profit. According to the company’s latest financial reports, it recorded a massive 45.9% jump in profit that reached Rs. 176.3 crores. A year ago, its profit stood at Rs. 120.9 crores. Read on to know more details …
While the bond markets had factored another rate hike during calendar year 2018, they had really not bargained for two rate hikes in succession. But, that is exactly what the Monetary Policy Committee (MPC) did on August 01st. After a 2-day meeting, the MPC decided to effect the second 25 basis point hike in the …
In Nifty Outlook of 09 June, 2022 expiry, we analyzed Nifty on Monthly, Weekly, Daily & Hourly time- frames. Below was the summary for our analysis Monthly – Nifty in Consolidation phase with Support of 15700. Weekly – Falling Range with LH-LL formation, took support of 15700 & then Shooting star candle with High of …
1. Monthly Time-frame Analysis : From the lows of Mar20, Nifty rallied from the level of 7500 to 18500 between Apr20 to Oct21 (19 Months) Since Oct 21, Nifty’s rally halted and gone into ‘Consolidation Phase’ till date. Recently, in May month Nifty formed a Hammer pattern from the support zone of 15700-16000. 2. Weekly …
Let’s start this expiry outlook with analysis of: Monthly, Weekly, Daily, Hourly time-frames. Monthly time-frame Past Analysis Major resistance zone 18000-18300, got rejected several times from this zone. Nifty found support at 15700-16000zone twice in March & May Month. June month candle has broken the major support zone of 15700, but recovered from the lows …
Below was our analysis for this expiry : Chart Analysis Nifty CMP : 17158 Time Frame Trend CandleStick RSI Resistance Support Monthly Bullish Bullish 63 (Neutral to Overbought) 18000 15500 Weekly Bearish Bullish 56 (Neutral) R1 -17365 R2 -18000 S1 – 16500 S2 – 16000 Daily Bullish Bullish 73 (Overbought) R1 -17365 R2 -17600 S1 …
Let’s start this expiry outlook with analysis of: Monthly, Weekly, Daily, Hourly time-frames. Monthly time-frame Past Analysis June month candle has broken the major support zone of 15700, but recovered from the lows of 15200. Monthly time-frame indicates a bearish hold in the market, however there is support from 15200 levels, 16800 being major …
In Nifty Outlook of 14 July, 2022 expiry, we analyzed Nifty on Monthly, Weekly, Daily & Hourly time- frames. Below was the summary for our analysis: Monthly July month monthly candle is an Inside bar for June month bearish candle. On a monthly time frame indecisiveness is the state for nifty. Weekly Last week candle …
