COLPAL ROCKSSS…!!!!!!!!!!!!
HIT FIRST TGT 855 MADE LOW OF 848.50 SELL AT 889
LOT SIZE: 500
WEEKLY TOTAL PROFIT: 34000 IN JUST TWO LOT
FUTURE:
“BUY SKSMICRO ABOVE 525 TGT
545/570”
WEEKLY CHART FOR SKSMICRO :
SKS Microfinance has given a clear breakout at levels of Rs 460.
This stock has seen huge accumulation even with delivery based buying happening
at levels of Rs 525. Having broken levels of Rs 550, the stock made a fantastic
upmove till levels of Rs 550 plus and now it again retraced back and gave a
very good entry opportunity again closer to levels of Rs 430. "In
February, if you see SKS Microfinance has seen close to 17-18 percent open
interest build up. I am very bullish on SKS Micro. One can look at targets of
Rs 550 on the stock. I won’t be surprised even to say targets of Rs 590-600 for
the February series, a stop loss at Rs 495 for short-term trader is a must,"SKS Microfinance on Wednesday
27 JAN 2016 reported nearly twofold increase in net profit at Rs 79,4 crore for
the third quarter ended December 31.
The microfinance company had a net profit of Rs 41 crore in the similar quarter of the previous fiscal. Total income increased to Rs 343.4 crore during the quarter compared with Rs 206.8 crore in the same period a year ago, SKS Microfinance said in a statement. Loan disbursements increased by 93 percent to Rs 2,980 crore as against Rs 1,544 crore in the same quarter in the previous fiscal. As of December 31, the company had a net worth of Rs 1,292 crore and a capital adequacy of 23.9 percent.
The microfinance company had a net profit of Rs 41 crore in the similar quarter of the previous fiscal. Total income increased to Rs 343.4 crore during the quarter compared with Rs 206.8 crore in the same period a year ago, SKS Microfinance said in a statement. Loan disbursements increased by 93 percent to Rs 2,980 crore as against Rs 1,544 crore in the same quarter in the previous fiscal. As of December 31, the company had a net worth of Rs 1,292 crore and a capital adequacy of 23.9 percent.
DAILY
& WEEKLY SUPPORT AND RESISTANCE FOR M&M:
SKSMICRO
Weekly levels generated for the week starting from 2016-02-01
Weekly
|
R4
|
R3
|
R2
|
R1
|
REV
|
BULL
|
LOC
|
BEAR
|
REV
|
S1
|
S2
|
S3
|
S4
|
Levels
|
551
|
537
|
514
|
500
|
483
|
477
|
473
|
469
|
463
|
446
|
432
|
418
|
409
|
SKSMICRO
levels generated based on 2016-01-29 data for the next trading day.
Daily
|
R4
|
R3
|
R2
|
R1
|
BULL
|
LOC
|
BEAR
|
S1
|
S2
|
S3
|
S4
|
Levels
|
545
|
540
|
537
|
536
|
534
|
532
|
530
|
528
|
526
|
523
|
518
|
No comments:
Post a Comment