Sunday, April 29, 2018

Ayushman scheme: will come soon to 5 lakh free treatment plan, government meet meeting


Ayushman scheme: will come soon to 5 lakh free treatment plan, government meet meeting

Modi government may release plans to provide cashless insurance up to Rs 5 lakhs to 50 crore people under the Ayushman scheme soon. The government has convened an important meeting about this next week. Apart from government representatives in this meeting, there will also be representatives of insurance companies. In the meeting, it is expected to be discussed which model to apply the Ayushmann Schmid to which this scheme is implemented effectively in a short time and everybody coming into the scope of the scheme can take advantage of it.

Share Market Tips
Share Market Tips
Health Ministry will keep its plans in front of insurance companies 
A senior official of the private sector general insurance company told moneybhaskar.com, Health Militia has called a meeting next week with cashless insurance scheme. Representatives of insurance companies have been called in this meeting. There may be talk on the model of Ayushman Schmid in the meeting. Apart from this, the government can put its plan in front of insurance companies in the meeting. Depending on this, insurance companies can decide what will be the premium per family on this scale and how much will actually be incurred if the scheme is implemented.

 Insurance companies will actuarial calculations
According to the official, when the government will present the structure about the scheme in the meeting. In this structure, there will also be an assessment of the premium and expenditure per family under the scheme. Depending on this, the insurance companies will do actuarial calculations and feedbank the government, according to this scheme, how much per family will cost under this scheme. After this, the process of implementing the scheme can start. 

The preparations may also be made on insurance companies 
Retired DGM, NK Singh, of Oriental Insurance Company Limited, says that the government can take insurers information about their preparations in this meeting. Which insurance company has more presence in which area of ​​the country? There will be talk on this too. Insurance companies have fewer presence in some areas of the country such as Nath East and Hill States. There can also be talk about how this scheme will be implemented there. 

Approval has given Cabinet to Ayushman Bharat Scheme 
The Modi government had announced to bring a health scheme in the budget, in which there was a plan to cover 10 million poor families of the country. Now the government has approved this scheme by the name 'Ayushman Bharat'. Apart from this, the terms of the scheme will also benefit.

 Who can take advantage of this scheme
Under this scheme, any one of the standards set out to take advantage of free treatment of Rs 5 lakh each year will have to be completed. Many standards have been set by the government. The scheme of selection of poor families in the scheme has been made on the socio-economic caste census 2011.
 - A house in a rugged house, family in tile and a family with no adult member of age between 16 to 59 years.
Families of women head, including no men between the ages of 16 and 59 years.
-Some families with disabled members and no adult members in their care should be in the family.
Apart from SCC and ST, families who do not have land and their income is casual wages.
- Those families who have no roof and are legally free from bonded wages.
 - The government will benefit the poor living in the urban area.
- Many categories have been created for the selection of the poor.
In total, 11 categories have been allocated to the urban poor, who can take advantage of this scheme.

These facilities will be available in the scheme
Under this, the cover will be up to Rs 5 lakh per family per year. It will cover the treatment of almost all serious diseases.
Apart from this, no person (especially women, children and elderly) should be deprived of treatment, for this there is no limit on family size and age in the scheme.
In this scheme, before and after hospitalization, the expenditure has been included. Every time hospitalization has been mentioned for Transportation Allowance, which will be paid to the beneficiary.

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Thursday, April 26, 2018

Logistics stocks buzz in trade for second consecutive day; GATI up 13% | Free Stock Tips



Shares of logistics stocks were buzzing in trade on Wednesday morning, the second consecutive day of gain. Shares rose up to 13 percent, with gains from GATI, Patel Integrated Logistics, VRL Logistics, Aegis Logistics and Snowman Logistics.

Free Stock Tips
The surge is led by GATI, which rose on Monday on the back of corporate development.

“The GST collection trends for last month and this month are showing a lot of traction. Logistics and packaging could be the biggest gainers of this centralization process and that could be one of the reasons why the stocks rose. I think if there is a lot of traction on tax collections, then logistics and packaging sector would continue to rise,” Sanjiv Bhasin, EVP—Markets & Corporate Affairs at IIFL told.

GATI’s shares gained 20 percent on Tuesday ahead of the Board Meeting on Thursday to discuss the possibility of inducting partner. The company on Monday informed exchanges that a meeting of the board of directors will be held on Thursday, April 26 to review, consider and pass the enabling resolution for exploring the possibility of inducting a new financial/strategic partner.
Further, accordingly the trading Window for dealing in the securities of the company will remain closed from the start of business hours of Tuesday, April 24 and the trading window will be open after 48 hours of the conclusion of the meeting.
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Tuesday, April 24, 2018

Free Intraday Tips | Today, these stocks can trade


Free Intraday Tips | Today, these stocks can trade


Free Intraday Tips
Free Intraday Tips


For Monday business, market experts have advised to buy at Bata India and NIIT Tech and sell them in Canara Bank. Experts believe that during these intra-day, these stocks can get a good return. You can earn from trading based on the strategy given below.

Canara Bank (Sell)
Stop loss- 275 
target- 255


Bata India (Buy)
Stop Loss - 780 
Target - 820


NIIT Tech (Buy)
Stop loss-975 
target-1010-1020


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Sunday, April 22, 2018

Indiabulls Housing Finance up 1030 Crore Profit, Loan Growth


Indiabulls Housing Finance up 1030 Crore Profit, Loan Growth


In the fourth quarter of fiscal year 2018, Indiabulls Housing Finance's profits have increased 23 per cent. During this, the company has a profit of Rs 1030 crore. In the fourth quarter of the financial year 2017, the company had a profit of Rs 840 crore. The company says that the company's profits have increased due to high loan growth and reducing costs. 

Share Market Tips

Profit in FY18 3847 crores
The company's profits in the entire financial year rose 32.4% to Rs. 3847 crores compared to a year earlier. In the financial year 2017, the company had a profit of Rs 2906.4 crore. In the full financial year, the balance sheet of the company has increased 27.2% to Rs 131902.8 crores. The company's balance sheet at the end of financial year 2017 was Rs. 103705.4 crores. 

 NPA decreases in FY18
- Loan Asset has increased 34.3% to Rs. 122577.8 crore at the end of financial year 2018. At the same time, the gross NPA down 0.77% and Net NPA decreased from 0.36% to 0.34% compared to the gross NPA 0.88%.
-Company has raised Rs 45,000 crore from Debt Market in Fiscal 2018 and plans to raise Rs 50,000 crore in the current fiscal. 

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Saturday, April 21, 2018

TCS Q4: Investments in digital paying off, BFSI challenges to end next fiscal



Tata Consultancy Services, the country’s largest information technology services exporter on Thursday said its investments in digital were paying off, and challenges in its largest businesses- banking, financial services and insurance and retail- will not continue into the next financial year.
"We are more optimistic about BFSI and the US market in FY19," said Rajesh Gopinathan, CEO, TCS.

Investment


The company reported fourth quarter and full year results on Thursday. Gopinathan was speaking at a post earnings press interaction.
All industry verticals - with the exception of BFSI- grew above company average, with three verticals growing in double digits YoY.

IT spending

While the banking industry has been spending on IT, analysts have pointed out that it hasn’t translated into a positive for TCS as banks are moving toward captives and insourcing.
Gopinathan said TCS was still seeing some transient issues in retail, but expects growth momentum to come back “very strongly” in FY19.
BFSI and retail have both been lacklustre for the Indian IT services players in the past year, but commentary has turned positive lately.
Last week, Infosys, the second largest IT software exporter, also said there were no macro trends in BFSI and said it expected this financial year to be better for the vertical.

Protectionism challenges

Revenue from Continental Europe grew 19.1 percent in the year for TCS, and 10.7 percent in the United Kingdom. North America, it’s largest market, grew 4.9 percent annually.
While the challenges of protectionism remain in the US- the industry’s largest market- signs of economic recovery are evident. Analysts have also pointed out that Europe is embracing outsourcing faster than earlier.

The company’s investments in digital have also shown in the numbers. Digital engagements contributed 23.8 percent of revenue in the March ended quarter, and saw a growth of 42.8 percent on an annual basis.

"We've been making investments in digital, and stability in the margins have been in the back of those investments,” said V Ramakrishnan, Chief Financial Officer, TCS.
Growth was led by the energy & utilities vertical (33.7 percent), travel & hospitality (25.4 percent) and life sciences & healthcare (12.6 percent).

“There is no doubt that the current quarterly results for TCS provide the much-needed optimistic outlook for the company to start its new financial year. Despite the rationalisation of investment through share buy backs and related payouts to shareholders, TCS still remains a giant in terms of size, often accused of being less agile and slower to react to marketplace changes. But the benefits that this brings to TCS is its ability to invest and diversify across industry segments,” said Sanjoy Sen, Doctoral Research Scholar, Aston Business School, UK.

Formula 72 will tell where your money will double quickly, will have the advantage of knowing


Formula 72 will tell where your money will double quickly, will have the advantage of knowing


Everyone wants to invest their money in that place, where there is a lot of benefit in the shortest possible time. There are many popular schemes of government bonds and mutual funds ranging from banks, post offices to today. You can find out the returns in different schemes, but it is difficult to know which scheme will increase your money twice in double digits. Many people deposit money in these schemes, but they do not know where their money will be doubled in the number of days.

Equity Tips
Equity Tips
In this way, we are telling you a specific formula through which you can easily find out where your investment will be doubled in the shortest possible time. This formula is of Rule 72 of This will take you only 2 minutes to find out. In this case, you will be able to decide where to invest money. 

Address this formula 

This special rule of finance is rule of 72. Experts consider this to be the most accurate rule.
You can understand this as if you have chosen a particular scheme of the bank, where you get an interest of 8% per annum. 
In this case, you have to give a share of 8 in 72 under rule 72. 
-72 / 8 = 9 years, that means your money will double in 9 years under this scheme. 
The choice of -72 is convenient in many ways. It gives an accurate assessment of the duration according to the interest rate, and it also has the advantage of extending the duration at the rate of 6 to 10 per cent.


 Which time the money will be doubled in the scheme
 Bank  FD
 SBI pays 6.75% interest on a 1 to 10 year FD. 
-72 / 6.75 = 10.6 years 
- according to the rule 72, your investment will double in 10.6 years here.


Bank saving scheme
Many banks are giving an average 4% interest on the savings account. 
-72 / 4 = 18 years 
- according to the rule 72, there will be 18 years of money being doubled.


 Post office deposit 
-Return: 7.4% annually 
-72 / 7.9 = 9.7 years- 
according to the rule 72, your investment will double in 9.7 years here. 


 Government Brands
-Return: 7.8% annually 
-72 / 7.8 = 9.2 years- 
according to the rule 72, your investment here will double in 9.2 years. 


Mutual Funds 
Last year many mutual funds gave 8 to 12% annual returns 
In terms of return of 12% per year - 
72/12 = 6 years - according to the rule 72, your investment will double in 6 years here.


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Friday, April 20, 2018

TCS estimates better results, can be firmly 2.5% in the dollar Revenue Growth


TCS estimates better results, can be firmly 2.5% in the dollar Revenue Growth



The results of the fourth quarter of fiscal year 2018 of Tata Consultancy Services, the country's largest software company, are coming today. Experts estimate that the results of TCS can be better. In the January-March quarter, getting the new deal, the benefit of the strongness of the Healthy Momentum and the dollar in other businesses, including digital, can be seen on the result. Constant currency growth can be between 1 to 1.5 per cent and between US $ 2 and 2.5 per cent. Due to the cross currency benefit, the margins improve, while guidance is expected to be conservative. 

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Best Stock Advisory


Advantage of staying in the Currency Movement Fever

Jagdish Thakkar, director of Fortune Fiscal, says that TCS has achieved major deals in the last months' digital space. Demand trends are also appearing, though demand in the banking and financial and insurance segment is still dull. But there is a healthy momentum in the second business segment. By the end of this year banking and financial services are also expected to improve. At the same time, the currency movement is in the favors of the company, the correction of the dollar against the rupee will be the cross currency benefit of the company. In the fourth quarter, the company's revenue and margins are expected to show slight growth. 

Gaurang Shah, Head Investment Strategist, Geojit Financial Services, hopes to be good for revenue , says that TCS's results are expected to be better. The result of TCS will be better than Infosys. Although guidance is expected to be conservative. He said that the company will benefit from strengthening the rupee against the rupee, while the major deal will also benefit from coming in the past months. In the fourth quarter, the dollar and the constant currency revenues are both expected to be better. 

On the management commentary

Thakkar says that TCS does not offer guidance but the market will be on the management's commentary. How many new clients came in, how far they were. Thakkar says that the company's focus is expected to be on the strategy ahead. The company will try to give this signal that the business environment has improved, the company's centimeters are better. For this reason, the focus of management will be on the stability of the long term. In such a situation, the strategy of more than the number of management strategies will be on the market. 

Revenue 

Experts say that in the fourth quarter, the constant currency growth of TCS on the quarterly basis could be 1 to 1.5 percent. At the same time, the revenue growth in the dollar terms is expected to be between 2 and 2.5 percent. According to the brokerage house Kotak Securities, constant currency revenues can grow up to 1.3 percent. At the same time, according to Brokerage House idelvis, revenue growth in the dollar term could be 2.3 percent. 

According to the profit 

Brokerage house Kotak Securities, the net profit on TCS can increase 4% on quarterly basis, while on annual basis it can be 2.8% higher. According to Brokerage House idelvice, the net profit of TCS can be 3 per cent on quarterly basis and 1.8 per cent more on an annual basis. 

Read on, how were the third quarter results

In the third quarter, results were such that in the 

Third quarter, profit rose 1.3 percent to Rs 6,531 crore, while the IT revenues of the IT company rose 1.1 percent to Rs 30,904 crore. The pressure on the company due to the reduction in expenses by the clients of the banking and financial services sector remained under pressure. In the third quarter on the annual basis, TCS net profit was down 3.6%. However, there was an increase of 3.9 per cent in revenues on an annual basis. 

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Tuesday, April 17, 2018

Share Market Report | Market will be in range bound? How?


Share Market Report | Market will be in range bound? How?


 After the fall in the past two months, the month arrived at the high of one-and-a-half month this month, the clouds are beginning to sink after the Syrian crisis. Concerned over the anxiety of the US and China, investors are now worried about the Syrian issue. The United States, Britain and France have torn more than 100 missiles on Syria, which Germany has strongly supported and Russia has strongly opposed. Experts say that the Syrian crisis can be seen on the domestic market. But this pressure will be for the short term. In the fourth quarter, the results of the companies are expected to be good, so that the market will get support. Experts in this are seeing every fall in the market as an opportunity.

Share Market Tips


Market will be in range bound

Market expert Sachin Sarvade says that good recovery has come in the market. Correction can be found from this level. In such a situation, the market can trade in the range bound. The Nifty has a support level of 10300-10100 in the bottom, while the top 10,500-10600 are the resistance.
Better economic data will help the market. In March, the retail inflation (CPI) came down to the lowest level of 5 months at 4.28 percent. In February, there was improvement in the growth of industrial production (IIP), which reached level of 7.1 per cent. This has resulted in positive sentiment.

Syrian crisis will remain on the market, limited impact

Independent Market Expert Ambarish Baliga says the Syrian crisis may affect the market for some time. Because the United States, Britain and France have jointly expressed their opposition to the attack on Syria, have not taken any concrete steps. This proves that Trump has won a way in Syria. The first issue related to Syria has not had any special effect on the market. In this case, the impact on the market will not be anything special. 

According to Umesh Mehta, Head of Research, Samco Securities, the Syrian crisis has not taken the form of war. This is one-sided action. This can lead to the beginning of the market with declines. However, the market is expected to recover later.

Market will get support from fourth quarter results

Baliga says that the fourth quarter results will help the domestic stock market. He said that the market has recovered after the ban on bondage and GST. In the third quarter the results of the companies were better. Therefore, the results of the companies are also expected to be good in the fourth quarter and it will work as a booster for the market. A rally in the market will result in better results from the companies.

More than 30 companies will come to the conclusion

This week the results of 35 companies will be released. These include heavyweight TCS, HDFC Bank, IndusInd Bank and ACC. ACC's fourth quarter results will be released on 18th April. On April 19, TCS and IndusInd Bank and HDFC Bank results will be released on April 21. Mehta says that the results of the companies are likely to be good. Because the ban on bondage and GST has ended. In the third quarter the results of the companies were better. However, the fourth quarter results of the country's second largest IT company Infosys came after the market closed on Friday. Infosys's results were predictable, but the impact of guessing weakness will be seen in the business. According to experts, the good results of the companies will work to boost the market.


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Saturday, April 14, 2018

Free Intraday Tips | Go Short- term Intraday for good returns in a day


Free Intraday Tips | Go Short- term Intraday for good returns in a day


For Friday's trading, market experts have advised shopping at Asian Paints, Petro net, IRB Infra, Tata Semi claimers. Experts believe that during these intra-days, these stocks can get a good return. You can earn from trading based on the strategy given below.



 Petro net
Stop loss - 233 
target - 244-250


Asian Paints
Stop loss-1145 
target-1190-1225


 IRB Infra
Stop Loss - 267 
Target - 280-285


Tata Kemilix

Stop Loss - 710 
Target - 750




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Friday, April 13, 2018

Special stock: 6% in HFCL shares, gain of order


Special stock: 6% in HFCL shares, gain of order


Himchal Futuristic Communications Limited (HFCL) shares are up 6 per cent on Wednesday During the business, the share price of the company reached a high of Rs 28.60. At the same time, it was 4.25 per cent higher at Rs 28.20. HFCL's share has been increased due to order received from the public sector telecom company BSNL.

Share Market Tips
Share Market Tips


Move on such a stock

On Tuesday, the share price of HFCL was closed at Rs 27.05, which was opened at 27.70 on Wednesday. During the business, the price of Rs. 27.50 was low. The company's share price reached a high of 52 weeks on January 11. Then it was worth 36.65 rupees. 

The reason for this is fast

HFCL's share has been increased due to order received from the public sector telecom company BSNL. The company got an order worth Rs. 579 crores. The company has acquired this order for the preparation of 2G network in Assam. Under this, the company will work for survey, planning, supply, testing, commissioning, maintenance and operation activity.

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Thursday, April 12, 2018

Top Intraday Tips | Free Intraday Stocks


Top Intraday Tips | Free Intraday Stocks


For Wednesday's trading, market experts have advised to buy ONGC, MANAPPURAM, DLF, Tata Steel, SREINFRA and PC Jewelers while selling in PVR and Bajaj Finance. Experts believe that during these intra-day, these stocks can get a good return. You can earn from trading based on the strategy given below.

Free Intraday tips
Free Intraday Tips


 DLF
Stop Loss - 208 
Target - 215, 217 & 219


Tata Steel
Stop loss - 594 
target - 604, 607 and 611-614


MANAPPURAM
Stop loss 120 
target-128


SREINFRA 
Stop loss-82 
target-90


PC Jeweler
Stop loss-295 
target-320


ONGC
Stop Loss - 177 
Target - 185-190


PVR
Stop loss-1305 
target-1260/1240


Bajaj Finance (Sell)
Stop Loss - 1937 
Target - 1890/1860


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Wednesday, April 11, 2018

Aircel default will reduce profits by 0.75%: Wipro, 2% fall in stocks



Wipro Ltd, the country's third largest IT company, could lose its fourth quarter profit. In the information given to the exchange on Monday, Wipro said that the fourth quarter profit is expected to fall by 0.65-0.75 per cent. According to the company, the telecom client Aircel's bankruptcy declaration is likely to affect profits. From this news Tuesday, Wipro's stocks got a fall in the turnover of the business. Stocks on the BSE fell 2 percent to Rs 278.70.

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Best Stock Advisory


Telecom Company Approved Bankruptcy

In the BSE filing, the company said that in 2008, the company had made an outsourcing agreement agreement with Telecom Services Provider (Client) for several years in India. Which was renewed 2013. On February 28, 2018, its clients had applied to declare themselves bankrupt in the National Company Law Tribunal (NCLT).

 If the National Company Law Tribunal considers an appeal for declaring bankruptcy of Aircel, within 270 days, it will appoint an Insolvency Resolutions Professional, which will have to prepare the company's repayment plan within 270 days. If the resolution fails to provide a repayment plan to the professional tribunal or to agree on it, then the company will start its liquidation process by declaring it as a bankrupt.

2 percent broken stock

Wipro's stock fell 2 per cent in Tuesday's trading with a possibility of a 0.75 per cent fall in profits in the fourth quarter. On the BSE, the start of the stock was 2.03% with a weakness of 278.80 rupees. During the business, the stock has fallen to a low of Rs 278.70.

Read Also:-  MCX Free Tips for today’s market


Monday, April 09, 2018

How India will double oil import? What’s the Impact of it?



The Indian government is in the mood to redeem the offer of incentives made by Iran to sell crude. In this order, government refiners have planned to double import of oil from Iran in 2018-19. Iran has offered this offer to raise its stake in the third largest oil importer country.

Share Market Tips
Share Market Tips


Iran is offering attractive conditions in comparison to other Arab countries such as Saudi Arabia to maintain its oil customers in Asia. Iran recently offered discounts on freight to Indian companies on a larger purchase. This is also important for India because it is Iran's second largest client after China.

India will double oil import
According to news agency Reuters, sources familiar with this development said that the government refiners, Indian Oil Corp, Mangalore Refinery and Petrochemicals Limited, Bharat Petroleum and Hindustan Petroleum have increased 3.96 lakh barrels per day from Iran during the financial year beginning April, 2018. Day (BPD) is planned to import oil. However, Indian Oil, Mangalore Refinery and Petrochemicals, Bharat Petroleum and Hindustan Petroleum declined to give any response on this issue. These four refining companies imported about 2.05 lakh BPD oil from Iran in the last financial year.

Iran had dropped after
US sanctions Imports , Iran was the second largest oil supplier country for India before US sanctions, after which it came in third position after Saudi Arabia and Iraq in 2016-17. However, after the ban was lifted, Iran is gradually increasing its market share in India.

Iran is the third largest exporter
Official data of 2017-18 is not available yet, although according to information from sources, India is the third largest oil exporter for Iran between April 2017 and February 2018. Iraq, Saudi Arabia turned out to be the largest supplier for India.

 Read Also: - Equity Tips for Today’s Market



FPI has invested 3700 crores in debt market, 94 crores invested in the stock market



Foreign investors have invested Rs 3700 crores in the debt market in the first week of April. Increase in interest rates in the US has increased investment in the debt. This investment in the debt market has happened after the withdrawal of Rs. 12,750 crore in the last two months. With the rise in the interest rate at the domestic level, the rise in crude prices and fiscal deficit is a cause of weakness in rupee. In contrast, Foreign Portfolio Investors (FPI) had invested Rs 8,500 crore in January.

Share Market Tips
Share Market Tips


Only Rs 94 crore invested in the stock market

According to the depository data, FPI has invested a total of Rs 3,706 crore ($ 57 million) in Debt Market between April 2 and 6. In addition, they invested Rs 94 crores in the stock market during this period.

Reasons to Increase Investment in Debt Market

Explaining the reasons for the increase in investment in the debt market, Harish Jain, COO, Online Investment Platform, said that there is no hasty increase in interest rates in the US. He said that in March investors were sold. But in the last days, increasing yield in India, investment has become attractive.

According to MF Research, Vidya Bal, Fundsindia.com, which will be seen in both the equity and debt, in the current financial year, investment fluctuations will be seen. Global Trade War Tension, with the increase in the Fed's rate in the US, the impact of elections in India will be on the FPI's investment.

Read Also:- Share Market Tips for today’s business

Saturday, April 07, 2018

Friday’s Top Intraday Stocks



Free Intraday Tips


For Friday's trading, market experts have advised to buy in Tata Steel, ACC, Adani Ports, Indiabulls Housing Finance, Hindalco, Vedanta, Exide Industries, Ujjivin Financial Services and NCC. Experts believe that during these intra-day, these stocks can get good returns. You can earn from trading based on the strategy given below.


Tata Steel
Stop loss 570 
target- 595-609



ACC

Stop Loss - 1524 
Target - 1595-1630


Exide Industries
Stop Loss - 225 
Target - 250



Ujjivan Financial Services

Stop loss- 369 
target-400


NCC
Stop Loss - 121 
Target - 145


Adani Ports
Stop loss - 371 
target - 377/78, 380 and 383-85



Indiabulls Housing Finance

Stop Loss - 1325 
Target - 1348, 1357 1366 and 1375



Hindalco

Stop loss - 211 
target - 215.80, 217/18 and 219-220



Vedanta

Stop Loss - 286 
Target - 291, 293 and 295/96


Infosys
Stop Sell Lose - 1152 
Target - 1118/1105


 Read Also:- Share Market Tips for today's Market

Friday, April 06, 2018

Special Stocks to Buy or sell | Akzo Nobel India has seen a 10 percent increase in the stock



Akzo Nobel India, a manufacturer of decorative and industrial paints, has seen a 10 percent increase in the stock. Actually, the board of directors of the company will be meeting on Friday. There is a possibility of considering the share buyback proposal in this meeting. This is why the stock has also accelerated. When the market was closed, the stock price jumped 7.45 percent to Rs 1,940. 

share market tips
Share Market Tips


The board of directors of the company is scheduled to meet on Friday. There is a possibility of discussing the buyback proposal in this meeting. In the last one year, the stock of Akzo Nobel India declined by 8%. The smallest company in the Acura Domestic Organized Paint Sector, famous for the DLUX brand.

Move on such a stock 

Exxon Nobel's stock opened at Rs 1,902.00 on Wednesday, compared with the closing price of Rs 1,805.55 a day earlier. During the turnover, the company's stock went up to the highest level of Rs 1,979.90, while the low level of Rs 1,860 was also touched. 

Growth of 20.50% in Net Profit 
In the third quarter ending December 31, 2017, Net profit of Exo Nobel stood at 82.63 crores, with 20.50% growth. Net sales was up 5.77 per cent. Net sales of Rs 711.99 crores in Q3 2017  

 Read Also:- Live Commodity Tips for Today’s Market