"AMARA RAJA BATTERIES" BUY OR NOT?

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  Is "Amara Raja batteries" a good choice for future investment? Most successful investors decide their investment based on the EPS growth of the shares. Amara Raja batteries earning per share grew by 9% per year and it is a good growth. Now we will look the share with different angle.First of all before investing in any company share, we should know the company details like its all products/services, present financial condition,future strategy & plan, and possibilities of its products/services demand in future. As said above here we will check Amara Raja batteries in all aspects; Products/Services:   Amara Raja is a big group and deals in many bossiness verticals like Amara Raja batteries, Amara Raja electronics, Amara Raja infra, Amara Raja power systems, Mangal Indutries, Amara Raja media and entertainment, & Galla foods. Amara Raja Batteries Limited (ARBL) is the technology leader and one of the largest manufacturers of lead-acid batteries for both industrial and ...
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Advance Prediction Nifty and Bank Nifty for Tomorrow Dt. 03rd Aug 2020

Advance Prediction Nifty and Bank Nifty for Tomorrow Dt. 03rd Aug 2020


NIFTY 50

Friends I always suggest you to refer once NASDAQ and SGX Nifty along with this time cycle nifty prediction.On Friday approx 29 points drop observed in Nifty 50 and finally Nifty closed at 11073.45 compared to previous day close.On Friday Nifty 50 stocks performance chart;

On Friday Nifty 50 Top Five Gainers Are;

Sunpharma, Cipla, Grasim, Jsw Steel, and UPL .

On Friday Nifty 50 Top Five Looser are;

Eicher Motors, Reliance Industries, HDFC, Bajaj Auto, and Kotak Bank.

Nifty 50 Prediction For tomorrow

I am attaching below Nifty Gann chart based on its historical data for your reference;



Here on Friday we can see that Nifty was trying to sustain at 11100 and finally closed at 11073.45 points with drop of approx. 29 points.Tomorrow for Nifty 50 ,here it is a chance that Nifty will go UP tomorrow and approx. 200 points gain is possible for Nifty 50..Here I have extrapolated the normal trend of nifty 50 to calculate tomorrow's performance.As per time cycle curve we can say that there is a chance that Nifty 50 movement will be upward and for tomorrow 11200 points will be the first resistance . If we predict for downtrend then here it is very less chance that nifty 50 will go down however in downward path 11050 points will be great support for Nifty 50.Finally for tomorrow Nifty 50 will go upward and upto 200 points gain is possible.

BANK NIFTY

On last Friday Bank Nifty closed at 21640.05 with a total drop of approx. 7 points compared to previous day close. On Friday Nifty Bank stock performance chart;

On 31st July 2020 Bank Nifty Top Gainers Are;

State Bank Of India and Bandhan Bank

On 31st July 2020 Bank Nifty Top Losers  Are;

HDFC Bank and Kotak Bank

Bank Nifty Prediction For tomorrow

I am attaching below Bank Nifty Gann chart based on its historical data for your reference;


Here we can see that On Friday Bank Nifty closed at 21640.05 points with drop of approx. 430 points.Tomorrow for Bank Nifty here it is a chance that Bank Nifty will go UP and here it is big probability that Bank Nifty can gain approx 400 points tomorrow and there is a chance that Bank Nifty will reach 22000 points. Here I have extrapolated the normal trend of Bank Nifty to calculate tomorrow's performance.As per time cycle curve we can say that there is a chance that Bank Nifty will go UP tomorrow and approx. 400 points gain is possible .Tomorrow for Bank Nifty 21500 points will act as the support and 22000 points will be the great resistance.








Above all prediction are based on my own thoughts,analysis, and researches. It may not be accurate as predicted.All prediction are done based on my own analysis and references are taken from time cycle and gann chart.

Comments

  1. Amit SinhaAugust 3, 2020 at 1:53 PM

    Your prediction is horribly wrong today on 3rd August.

    Research well for tomorrow.

    ReplyDelete
    Replies
    1. Advance PredictionAugust 4, 2020 at 9:25 AM

      Many thanks for your comment. Sometimes prediction goes wrong. Hope today I am as per your expectation.

      Delete

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