Morning market insight report 08-June-2020
Tag: Reliance
Morning market insight report 05-June-20
Retail News Round Up_ Jan 13,2016
Retail News :
- Shopclues at par with Snapdeal, Paytm with undisclosed funding valuing company at Rs 7,300 crore
- Amazon and Future Group partnership on rocks over funding of discounts
- Nitish Kumar government to impose 13.5% tax on luxury items
- Amazon has bought a French delivery company
- PayPal ties-up with first Indian partner Shopmatic for cross-border transactions
- Reliance eyes Rs 1,800 cr sales from Vimal brand in 3 years
- Van Heusen ropes Infinite Analytics for its style studio
- Starbucks says aims to open 500 new stores in China in 2016
- Start in India, stay in India, government tells fleeing startups
- Women and Child Development Ministry, eBay partner for online platform for women entrepreneurs
- Oxigen Wallet launches mobile virtual cards powered by Visa
- ShopClues raises $100 million; plans IPO in 2017
- OYO Rooms expands to Malaysia; looks at Africa, South America, South-east Asia next
- Ortel launches free public WiFi for its customers in Bhubaneswar
- Hike secures funds from WordPress and Quora founders & other individual investors
- Persistent Systems acquires CloudPlatform & CloudPortal from Citrix
- Spice Mobility acquires 22.5% stake in Sunstone Eduversity
- Hike messenger to match Delhi commuters to comply with odd even rule
“Someone is sitting in the shade today because someone planted a tree a long time ago.”
-Warren Buffett
Today’s M & A Deals_Dec ,2015
M & A Deals :
- PE-backed Tree House Education to merge with Zee Learn
- India Value Fund invests $60M in Cloudnine Hospitals
- JustRide in Google Launchpad list,to get equity-free seed funding
- Kolabro gets angel funding from CollegeDekho’s Arora, Gaadi.com’s Kumar
- HCC completes 74% stake sale in Nirmal BOT
- Info Edge invests $2.2M more in online photography firm Canvera
- Brand licensing startup Black White Orange raises $303K
- Reliance Defence ties up with Russia’s AlmazAntey for missile systems
Today’s Wealth Mantra !
The techniques I developed for studying turbulence, like weather, also apply to the stock market.
– Benoit Mandelbrot
Retail News Round Up_Dec 07,2015
Retail News :
- Faasos raises Rs 200 crore in fresh funding at a time of gloom for on-demand food startups
- Ecommerce players to help Indias 2016 advertisement spend grow 13%
- Paytm acquires Near.in to strengthen its presence in online-to-offline space
- Rural-focused StoreKing in pact with Indian Oil
- Shemaroo partners with DTH players to launch ‘Miniplex’
- Reliance opens up Jio Chat to 9 countries, but will it be secure?
- Khan Academy launches Hindi website with Math lessons
- YouTube Space Mumbai launched at Whistling Woods
- Uber launches UberASSIST for the differently abled in Delhi
Mondaymotivation Wealth Mantra !
“The investment in knowledge always pays the best interest”
-Benjamin Franklin
Morning Business News Round up_October 23, 2015
Morning Business News:
- Japan Offers India Soft Loan For $15-Bn Bullet Train
- ECB Keeps Rates On Hold, Seen Opening Door To Easing
- Slow Fibre Rollout Hurting Telecom; Experts Blame Low Investment In Optic Fibre
- Reliance Group To Further Invest Rs 46,000 Crore In MP
- LIC In Talks With Psbs For Nomura Stake Sale
- Reliance MF Eyes More Acquisitions After Goldman
- Shell Cos’ Patents To Come Under Domestic Tax Net
- Investors Unfazed By Dividend Row: Indigo
- Rcom In Talks With BSNL, Vodafone, Idea For 2G Intra-Circle Roaming
- India To Meet Fiscal Targets Despite Revenue Drop: Bofa-ML
- India Remains Less Exposed To External Risks, Says Moody’s
- RBI Issues Rules To Operate Gold Monetisation Scheme
- Eyeing $1 Billion GMV By Early Next Year: Shopclues Officials
- DLF Appoints Bankers For Selling Promoters Stake In Rental Arm
- Iron, Steel Exports Plunge 41% To $4.57 Bn In Sept
- Indians Working In US Find Their Job Less Stressful: Survey
- Kerala Govt Mulls Importing Pulses To Tame Price Rise
- GIC To Invest In Tishman Speyer’s Waverock Project In Hyderabad
- Rural Inflation Running Higher Than Urban: HSBC
- PE Transactions To Touch $22 Bn By December: Report
- HDFC Bank Profit Rises 20% To Rs2,869 Crore
- Petronet LNG Pays Rs400 Crore Demurrage As Psus Refuse Costly Gas Import
- JSW Steel Profit Falls 84%, Beats Estimates Of A Loss
- Indiabulls Real Estate Posts Twofold Jump In Net Profit
- Ratan Tata, American Express Invest In Digital Currency Start Up Abra
- ‘Airline Losses To Come Down 35% To Rs 5,500 Cr This FY’
- Centre Clears Two Ordinances For Swift Settlement
- Over 75% Real Estate Projects Non-Starters: Assocham
- Equity MF Folio Count Up By 21 Lakh In Apr-Sept
- Domestic Fis Pitch For Easier Taxation
- Oilseeds Output In Rabi Season May Be Normal
- Gamesa To Set Up 100 Mw Wind Plant For HFE In MP
- Coal India Takes IT Route To Track Mining Projects
Reliance( An attractive buy)
After a steep fall, price tried to maintain a lost ground. As seen price forming a double bottom in a daily chart. Interestingly, below volume too following a volume principles.
We asume price might touch its neckline at 867-875 levels and above that its going to fly till 920. CMP 845-46 buy above 850 SL 834