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Contributors For Search String : Way2wealth

Way2wealth

Reports for search string : Way2wealth

Derivatives outlook and recommendations for 17 Nov 17
Nifty will see stiff resistance around 10400-10500 range and from those levels some profit booking can be seen but overall outlook remains bullish and dips should be used to initiate fresh longs.
Way2wealth, 17 Nov 2017
Buy MCX Copper Nov:Prices are expected to rise towards immediate resistance placed at 453.40
Prices have made a bullish hammer candlestick pattern in the previous session which is signifying a possible reversal at current levels. Prices are expected to rise towards immediate resistance placed...
Way2wealth, 17 Nov 2017
USDINR: Buy around 65.35; resistance is placed at 65.70
According to the trend line the resistance is at 65.70, surpass above that will extend the pair till 66.00 and higher. Ahead, we continue to recommend buying around 65.35 for given targets of 65.70 an...
Way2wealth, 17 Nov 2017
Nifty outlook and recommendations for 17 Nov 17
The index has respected the 50% retracement support and rebound sharply hence the Wednesday’s low of 10094 will act as a crucial support. For the day, 10260 / 10310 are the immediate resistance wherea...
Way2wealth, 17 Nov 2017
Sell MCX Crude Oil November: Prices are expected to correct further
Prices have been correcting since last two sessions after a week of consolidation and are expected to correct further towards next supports placed around 3560 and 3520 levels. On the higher side immed...
Way2wealth, 16 Nov 2017
Derivatives outlook and recommendations for 16 Nov 17
Nifty will find strong support around 10040 levels and from those levels pullback is expected in second half of session. Put writing at 10000 strike option will also prove as strong support zone where...
Way2wealth, 16 Nov 2017
Buy USDINR: Pair expected to revert back from key support levels
Pair has come down till the key neckline supports and this is likely to hold as key support for the day and we expect pair will revert back from these levels and thus recommend buying around 65.25 for...
Way2wealth, 16 Nov 2017
Nifty outlook and recommendations for 16 Nov 17
Index precisely tested its previous resistance zone and also, retraced 50% of its entire move from the bottom of 9688 to the top of 10490. For the day, 10160 / 10200 are the immediate hurdle whereas 1...
Way2wealth, 16 Nov 2017
Mahindra & Mahindra Q2FY18: Overall volumes grew by 16.3%; Accumulate
Based on its core earnings, the stock at Rs1393 is trading at a PE multiple of 11.7xFY19E and an EV/EBIDTA of 6.1xFY19E, excluding its subsidiary value of Rs 600per share.
Way2wealth, 15 Nov 2017
Nifty outlook and recommendations for 15 Nov 17
Looking at the overall chart structure, index is approaching towards its previous breakout zone of 10180 / 10140 also the daily 45-EMA along with the lower band of Bollinger band placed inside the sai...
Way2wealth, 15 Nov 2017
Buy MCX Gold December: Prices are expected to rise towards 29955
Prices rose strongly till high of 29662 and closed out of its strong resistance of short term declining trend line of the falling trend channel. Prices are expected to rise further from these levels t...
Way2wealth, 15 Nov 2017
USDINR: Sell around 65.60
Pair has failed to trend line resistance and ended just below that. Ahead break of that will provide a fresh bullish break out and fail to surpass will draw down the pair till the supports of 65.35 th...
Way2wealth, 15 Nov 2017
Dabur: Positive outlook; To continue to its growth trajectory in the near term
A meaningful improvement in consumer off take is a positive, and could reflect in Dabur’s performance in the coming quarters. Growth has been much higher than expected in Q2 with a lower base effect i...
Way2wealth, 14 Nov 2017
Buy MCX Zinc November: Buying in minor pullbacks is recommended for the day
Zinc prices rose strongly in the last session after taking strong support at its short term rising trend line in the previous few sessions. Prices are expected to rise further from these levels toward...
Way2wealth, 13 Nov 2017
USDINR: Buy on break of 65.35
A break out of the neckline resistance of 65.35 will confirm bullish break out. So, for the day we recommend buying on break of 65.35 for targets of 65.70 then 65.90 levels. Action: Buy.
Way2wealth, 13 Nov 2017
Nifty: Intraday resistance is placed at 10367 / 10413
Once again the bulls respected the 10260 / 10235 zone which has now drawn further attention as Nifty rebound sharply after testing the said zone. For the day, 10367 / 10413 are the intraday hurdle whe...
Way2wealth, 13 Nov 2017
Trident Q2FY18: Net Revenues grew by 0.6%; Hold
Trident Ltd. declared its Q2FY18 results recently. Net Revenues grew marginally by 0.6% to Rs1155 crs. in Q2. EBITDA for Q2 de-grew by 19% on a Y-O-Y basis to Rs173 crs.
Way2wealth, 10 Nov 2017
Greenply Industries Q2FY18: Well placed for long term; Buy
Net sales for Q2FY18 was up by 2.1% at Rs446crs. Growth was muted mainly due to lower sales volume in MDF segment. Plywood sales reported a growth of 1.5% (on a net basis). Volume growth in the plywoo...
Way2wealth, 10 Nov 2017
Jyothy Laboratories Q2FY18: Hold for a long-term investment horizon
The company reported a GST comparable topline growth of 9.6% to Rs430crs. The growth was driven by the Dishwashing and Personal Care categories. Volume grew by 3.5% YoY. Power brands GST comparable gr...
Way2wealth, 10 Nov 2017
Buy MCX Lead November: To rally towards next resistances placed around 167 & 171 levels
Prices have been rising gradually since last one week after breaking out from its falling trend channel pattern and are expected to continue this rally towards next resistances placed around 167 and 1...
Way2wealth, 10 Nov 2017
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