School of Financial Literacy
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About School of Financial Literacy
Spreading invaluable finance and investing knowledge 🎓 If you want to contact please drop a message at 75740 04981. *Google Drive:* https://rb.gy/4zimfp *Instagram:* https://www.instagram.com/sofl_india?igsh=NXE5aXprNGx3dXl3&utm_source=qr (We are not SEBI registered. Our views are only for educational purposes.)
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Posts
*Eternal* fell to ₹224, then went up to ₹239, and then again fell to ₹221 after there was news that foreign indices may reduce allocation to the stock. Today it is back up to ₹236. I had mentioned a support of ₹220 and that has not been broken despite unexpected news. This is why proper chart analysis is essential to trading.
Shipments of iPhones from India to the U.S. rose 76% in April year on year. Data showed that iPhones shipped from India in April reached roughly 30 lakh. Meanwhile shipments from China over the same period fell about 76% from last year to just 9 lakh. India and Apple vs Trump and Beijing? Such unlikely allies! 😆
*Strides Pharma (₹770–810)* • Support ₹690 • Upside open
Those who want to invest significant lump-sum amounts in the markets may do well to divide it over the coming six months. The next few months are crucial from both a global economic and security perspective especially with respect to the India-Pakistan situation which will flare up again. Unexpected events can occur that would lead to market dips which could be utilised to invest at lower levels.
I once had some faith that he would be one of the better American presidents but he is proving to be absolutely incompetent and idiotic. He acts as if this is the medieval age where everyone else is a vassal to America, and that none can survive without his almighty blessings. Such arrogance will only lead to more conflicts in the world.
*ITC Hotels (₹210–220)* • Support ₹200 • Upside open
*Samvardhana Motherson (₹150–160)* • Support ₹140 • Upside open