Top 3 things one should check in Budget

access_time 2025-01-27T10:57:30.032Z face CA Rachana Ranade
Top 3 things one should check in Budget The Union Budget is one of India's most significant financial events, serving as the government's annual financial statement that outlines estimated revenue and planned expenditures for the upcoming fiscal year. 1. Fiscal Deficit The government has shown stron...

Technical Analysis of LEMONTREE & MARUTI

access_time 2025-01-17T11:59:24.716Z face CA Rachana Ranade
Technical Analysis of LEMONTREE & MARUTI Stock name: Lemon Tree Hotels Ltd. Pattern: Double bottom pattern Time frame: Daily Observation: In our blog dated December 10, 2024 (link for reference), we noted the stock forming a double bottom pattern on its daily chart. Following a breakout on December ...

CLSA Turns Overweight on India Amid US-China Trade Tensions

access_time 2024-11-16T08:36:18.883Z face CA Rachana Ranade
CLSA Turns Overweight on India Amid US-China Trade Tensions CLSA Turns Overweight on India Amid US-China Trade Tensions In the wake of Donald Trump’s re-election as US President, Hong Kong-based brokerage firm CLSA has increased its allocation to Indian equities to a 20% overweight, while cutting it...

City Gas Distributors Facing a Potential Derating: What’s Next for IGL, MGL, and Gujarat Gas?

access_time 2024-10-19T08:42:42.061Z face CA Rachana Ranade
City Gas Distributors Facing a Potential Derating: What’s Next for IGL, MGL, and Gujarat Gas? India's city gas distribution (CGD) sector, represented by companies like Indraprastha Gas Ltd. (IGL), Mahanagar Gas Ltd. (MGL), and Gujarat Gas, has long enjoyed stable growth. However, recent challenges, ...

Technical Analysis of APLLTD & DIVISLAB

access_time 2024-10-14T05:49:21.274Z face CA Rachana Ranade
Technical Analysis of APLLTD & DIVISLAB Stock name: Alembic Pharmaceuticals Ltd. Pattern: Resistance breakout and retest Time frame: Weekly Observation: Following the post-COVID market crash, the stock saw a strong upward movement and reached a new all-time high (ATH) in December 2020. It formed res...