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Showing posts from August, 2022

Zeel Technical Analysis

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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

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 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

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  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

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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

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 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.

Bank of Baroda

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Bank of Baroda                                                             Technical Analysis Stock Name: Bank of Baroda Trend: Bullish, Trading in Channel Bank of Baroda: Ready to touch resistance level (130)                                      Support  level is (100) Technical Pattern: Channel Trading Directional Index (Momentum): Positive RSI: Trading in channel 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.