School of Financial Literacy
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About School of Financial Literacy
Spreading invaluable finance and investing knowledge ๐ 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 โน224, then went up to โน239, and then again fell to โน221 after there was news that foreign indices may reduce allocation to the stock. Today it is back up to โน236. I had mentioned a support of โน220 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! ๐
*Strides Pharma (โน770โ810)* โข Support โน690 โข โ Upside open
*Zaggle* โน447 โ first target done
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 (โน210โ220)* โข Support โน200 โข โ Upside open
*Samvardhana Motherson (โน150โ160)* โข Support โน140 โข โ Upside open