Posts

NBCC

Image
  NBCC                                                             Technical Analysis Stock Name: NBCC Trend: Bullish, Inverted head and shoulder Pattern NBCC: Break of neckline                                                                         Technical Pattern: Inverted Head & Shoulder Directional Index (Momentum): Positive Volume: Positive MACD: Bullish Crossover Disclaimer :  This analysis is purely for educational purpose and does not contain any recommendation. Please consult your financial advisor before making any financial decision.  

Sukanya Samridhi Account Scheme

Image
Sukanya Samriddhi Scheme The account can be opened in the name of a girl child till she attains the age of 10 years.  Minimum deposit Rs. 250/- Maximum Deposit Rs 1.5 Lakh in a financial year. Only one account can be opened in the name of a girl child. The account can be opened in Post offices and in authorized banks. The account shall mature on completion of 21 years from the date of opening the account. Interest earned in the account is free from Income Tax under section 10 of the I.T Act. Withdrawal shall be allowed for the purpose of higher education of the account holder. The account can be permanently closed in case of marriage of a girl child after her attaining the age of 18 years The rate of Interest for the period 01.04.2020 to 31.03.2022 is 7.6%

Zeel Technical Analysis

Image
Zee Entertainment Limited                                                             Technical Analysis Stock Name: Zeel Trend: Bullish, Inverted head shoulder Pattern Zeel: Wait for breaking of neckline                                   Wait for breaking of resistance level (neckline) at 260 with              volume                                       Technical Pattern: Inverted Head & Shoulder Directional Index (Momentum): Positive Volume: Wait for volume Disclaimer :  This analysis is purely for educational purpose and does not contain any recommendation. Please consult your financial advisor before making any financial decision.  

Financial Advice

Image
 Financial Advice you should know For Debts *  Prioritize the debt with the highest interest rates first. Once paid, focus on the next highest rate.  *  Which is better Rs. 5000 in a savings account and Rs. 1000 in credit card debt or Rs. 1000 in a saving account and no credit card debt. Of course the latter. High-interest debt can cancel off any interest you earn from a savings account. For Credit cards * Don't use credit cards if there is no advantage. Because it encourages you to spend more. * Set a reminder to pay off your credit card balance.  You will know how much you have in your bank account balance. For Shopping *  Buy items during seasonal sales as it's the best time to purchase. *  Compare prices online on at least 3 shopping platforms. *  When you purchase, leave it in the cart for a few days. You will get an email offering further discounts on the item.

Personal Finance Hacks

Image
  Personal Finance Hacks Invest in yourself Invest your time, money and energy that support your financial growth.  Upgrade yourself. Start investing early When you start early you have a longer time to build a corpus. Early investment leads to compounding returns. Make a budget It is a plan to decide how much you will spend your money each month. It helps you to see where your money is going. Keep debts away Live a debt-free life for mental peace. This debt-free life will give you the bandwidth to take new financial responsibility. Build a contingency fund An emergency fund is a key component of good financial plan. Ideally, you should keep aside the amount equivalent to at least 6 months' expenses as an emergency fund.     

ONGC

Image
ONGC                                                             Technical Analysis Stock Name: ONGC Trend: Bullish, Trading in Channel Bank of Baroda: Ready to touch resistance level (143)                                      Support  level is (132) Technical Pattern: Channel Trading Directional Index (Momentum): Positive MACD: Positive crossover Volume: Positive Disclaimer :  This analysis is purely for educational purpose and does not contain any recommendation. Please consult your financial advisor before making any financial decision.

What is Technical Analysis

Image
 Technical Analysis  Technical Analysis is the method to predict future prices. Prices refer to the combination of open, high, low and close of a particular security in a specific timeframe. Technical Analysis is applicable to stocks, commodities, futures, indices etc. Prices are determined in technical analysis on the basis of demand and supply(volumes) Future prices are predicted on the basis of historic price, volume, and open interest. To predict future price movement we need charts, patterns and indicators. Different time frames can be used in technical analysis i.e. 1 min, 5 min, 15 min, 30 min, hourly, daily, weekly, and monthly. Technical analysis help investors to anticipate what is likely to happen to price over time.