Company has delivered good profit growth of 21.8% CAGR over last 5 years Received new multi year orders worth ~Rs 400 crores from Domestic and Overseas Customers across its business divisions, product segments and JVs. These orders are to be executed over a period of next 5- 7 years. These orders will help the Company increase its share with existing customers...
The development and use of artificial intelligence has been a source of much discussion and concern around the world. In this scenario, a country that has long been overlooked in the technological area begins to emerge; Saudi Arabia. It is a controversial country, which participates in several conflicts in the region, directly or indirectly, and which has a bad...
It's appearing like a massive move in VIX is right around the corner. This means markets are going to selloff
NASDAQ:COIN Hi friends, Today was a Good Day! At the beginning of this month I went on an adventure, I've done my due diligence on Coinbase. An exchange I love, It was a first legit crypto exchange I used back in 2013. Our relationship was great, coins went in cash came out. ____________________________________________________________________________ I decided...
COINBASE:USDTUSD Should I store my assets in USDT? I will try to answer this question mostly utilizing the Fundamental Qualitative Analysis. Tether, USDT is a well known stablecoin (reference the chart). There are many just like it, Circle's USDC, Binance's BUSD, MakerDAO's DAI, they all promise a 1 to 1 peg to the USD (at the time of writing 1 BUSD is...
The current news and development suggest that DIDI will continue to go down. 1. The growth expectation is shattered by delisting the app. 2. The company has a lot of debt, just like any tech companies. 3. Earning growth will be slumpped until they figure out how to get past the hurddles. THE MOST IMPORTANT 4. Management's dishonesty was well documented with...
Commitment of Traders shows that central banks have been shorting the dollar since June, the slash in 1% slash in interest rates by the FEDs is doing the Dollar any good either. Technically we have a good ol' Cup & Handle, we broke the handle's ascending channel quite impulsively, we are now creating another ascending channel. FUNDAMENTALS MANUFACTURING NUMBERS...
- This pair moved much lower from the weekly lows and the price here looks likely to continue lower back into the weekly lows. - Initial bias remains on the downside this week for retesting 0.6677 low first. A break from 0.6677 will resume larger down trend. On the upside, above 0.6808 minor resistance will turn intraday bias neutral first. But risk will stay on...
Peak Resorts, a company responsible for operating ski resorts in the Midwest, Mid-Atlantic, Northeast, United States soars up by 112.75%. This sudden rise has been caused from a company called Vali Resorts NYSE:MTN , in which will acquire Peak Resorts for $11.00 a share. Peak Resorts is currently trading at 10.85 from the time this has published and is...
Amid another harsh cryptocurrency sell-off today, Bitcoin (BTC) is down roughly 20.02% month-to-date while Ripple (XRP) is up 5.48% month-to-date. After XRP flipped Ethereum (ETH) last week to become the second-largest cryptocurrency by market capitalization, speculation is beginning to build surrounding whether or not it will do the same to BTC in...
Ascending broadening wedge is under construction where Intermediate wave (5) is still to be completed. The price have challenged a downward trend channel, also functioned as correctional minute waves for impulse wave (3) and minute wave ((v)). Price wins this time over the trend channel, and a break is confirmed, while a pullback to testing the trend channel could...