Category Archives: Banking

Bank Nifty Trading – Apr2018

Bank Nifty is a highly sensitive index with sharp response to various domestic and international events, especially those linked to interest rates, currencies, international trade, etc. Its has nearly 2x beta compared to Nifty index. Feb2018 and Mar2018 were bad … Continue reading

Posted in Banking, Foreign Investors, Indian Stock Market, Stock Trading | Leave a comment

ICBC Investor Update Q3 2016

Since the beginning of the year, recovery of the global economy underperformed expectations, as increased divergence between the macroeconomic policies of major economies and Brexit added to uncertainties in the global economy. Against such a background, the Chinese economy managed … Continue reading

Posted in Banking, Hong Kong Stocks | Tagged , , , , | Leave a comment

IFCI Trading – 05Oct2016

Buy IFCI at 26.65 for Target 28.65 with Stop Loss 25.00. That’s 2 points reward, 1.5 points risk. This trade may take 1-2 months. The uptrend from March has been broken but IFCI tends to bounce back from sharp corrections. … Continue reading

Posted in Banking, Foreign Investors, Indian Stock Market | Tagged | Leave a comment