Tamil Nadu Newsprint & Papers Ltd.(TNPL), is a Government of Tamil Nadu Enterprise. Founded on April 16, 1979 in Chennai, the ke
The Strategy entails taking benefit of the price movement of both the stocks and takes advantage of the price ratio reverting to the mean. Both the stocks are highly correlated to each other in long term and 200 days correlation between the two is 96%. However, in short term Bank of India (BOI) has underperformed PNB and due to this price ratio has deviated from its mean. This is an ideal scenario where one can buy Bank of India and sell PNB. We expect that from here Bank of India will outperform PNB in short to medium term perspective.
23 Feb, 2017 - Markets are expected to open on flat note in today’s session and thereafter will continue to trade in narrow band of 8900-8980 levels. Being the expiry day markets will be quite choppy and wild stock specific movements are expected in last hour of session as per rollover positions. However, overall momentum remain
23 Feb. 2017 | All figures in `
2016 was a year when people voted in change, 2017 will be critical on the path others decide to take.
I like to once more go ALL IN and make my predictions for the markets in general and Nifty in particular.
Read to know how to avoid a possibility of misselling a policy
In this edition we are going to discuss the types
of Japanese candlestick pattern.
In this series, we have analyzed how economic cycles impact various sectors of the economy and more.
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