Bajaj finance new target after Q4 results

Hey traders !!!

Bajaj finance has declared Q4 results on 19 may, and we can see bad impact of covid 19 on bajaj finance Q4 results. Else result will be quite good. 

After Q4 results brokers has gave target on bajaj finance....

1. Brokerages have offered mixed reviews of bajaj finance March Quarter earnings. The company on tuesday posted a 19 % fall in march quarter consolidated profit at rs 948 crore due to Covid-19 disruption.

2. The NBFC had reported Rs. 1176 crore profit for the January - March quarter of FY19.

3. Due to corona virus pandemic and the lockdown, Bajaj finance lost 10 productive days during the quarter resulting in the lower acquisition of nearly 1million loan accounts and when AUM fell by approximately rs 4500 crore.

And let's  come on different different brokers commentary on bajaj finance target after Q4 results.

1. YES Securities: the brokerage house has retained its 'reduce' rating on Bajaj finance with a price target of rs 1825, as the prolonge covid episode is expected to cause deeper impact on growth and asset quality. 

2. ICICI securities: it has maintained a 'hold' rating on the stock with a price target of rs 2000. "Lower growth and higher uncertainty warrant being cautious in the near term till clarity on lockdown emerges," the brokerage said.

3. Motilal oswal 

  Financial services: the brokerage house has 'neutral' rating on the stock with a price target of rs 2210, the brokerage has cut Bajaj finance (BAF) earnings estimates by 10 percent and 5 per cent for FY21 and FY22, respectively, to factor in lower growth.

"We remain convinced of the strength of BAF's business model to deliver better than sector returns over the medium to long term and are comfortable with the multiple.

If you check technical graph of bajaj finance then you will see a high of rs. 4923 on 20Feb. 2020,  and made low of rs 1915 on 27 april. If you compare high to low it is -3008 which is -57%. If you want to invest for long term then bajaj finance could be a good choice for you.

"Let's create wealth together"

Latest share market news

Hello everyone
From the 11th may another new trading week will continue till 15th may.

This trading week will react on 8th big news

1. Covid 19 situation 
Number of covid 19 cases crossed 65000 and mumbai has emerged as an epicentre with over one-fifth of the total cases. 2000 patients have succumbed to the disease. There is sharp rise in the patient count, market participants will be closely monitoring the  evolving situation.
But situation of seems to he stabilising in Europe. And fully in control in China and US situation is said to be peaking, though in india, it is yet to peak.

2. Govt. Policy toward Lockdown
We would have completed 53 days of lockdown by end of next week. We will soon come to know if the government is planning to extend the nationwide lockdown beyond may 17.
Reports suggest that the centre could extend lockdown further in red zones. However, experts feel that ant extensions of lockdown beyond 17 may could be a big risk for the economy.

3. Q4 earnings
March quarter earnings will be in full swing this week. Mid and small cap companies like wockhardt and Godrej properties will announce results on may 11, they will be followed by bandhan bank and nestle the next day and kotak mahindra bank and maru Suzuki on 13 mat, biocon and Manappuram finance results will be out on may 14, while Nippon AMC and L&T tech will disclose their earnings on May 15.

4. IIP and inflation date due
On the macro front, industrial production data for March and CPI inflation for april will be released on may 12, wpi inflation will be announce on may 14.

Foreign exchange reserves for the week ended may 8 and balance of trade data for April will be released on may 15.

5.USD-INR situation 
6.cruide oil
7. Us-China trade war revival 
Globally, the markets were cautious last week due to the likely collapse if phase 1 trade agreement between Us and china.
But, reports suggest that the meeting between officials of both countries was positive. This could be support equity markets.
Both sides agreed that in spite if the current global health emergency,  both countries fully expect to meet their obligations under the agreement in a timely manner, Reuters said, quoting the joint statement of teo trump cabinet officials.

8.Technical view.
The overall trend for nifty continues to remain sideways to negative until it remains 9400-9500 levels decisively, experts feel. Any sell off may push nifty towards 9000 or even lower towards 8800.

"Let's create wealth together"

3 best shares for year 2020

Do you want to know about 3 best shares of the 2020?
Do you want to know about those 3 stocks which can be multibaggers in future.

When market shows big  corrections, we need to take big decisions.


* during the correction we should buy best shares, at best price.

* if you make SIP in this shares your average will be less.

* these share is not for only 3to4 year, this shares are for forever.

Q. Why we invest in shares?
A-  to become wealthy/rich/billionaire/millionaire. So we can't get there in 2 to 3 days. It takes long term investment, that's why I always suggest to invest for a long period.

So today I will suggest you 3 shares which could be multibagger in future.

How can we find these shares?

During the crashes valuation of those shares are very attractive.

These shares falls less than others shares during the crashes.

1. HDFC AMC

Hdfc AMC is fundamentally very strong company,  even you can call it profit making machine. My opinion on HDFC amc is clearly buying. HDFC amc is currently trading at 2600. You can make SIP for long term in this share & if it falls below 1500, you should do bulk buy.

2. IRCTC

Irctc has a monopoly business structure. There is no competition with irctc yet, IRCTC has great future ahead , with catering and ticketing business in indian railways. Irctc is currently trading ar 1200rs/ share, even during this lockdown u will get these even cheaper than this price. Start adding these shares, and don't sell. It will gives you big return. It could be multibagger stock in future.

3. Nestle

Nestle has product like coffee and maggie which has very good growth potential.  And continously giving more than 20% yearly return. And has a potential to become multibagger shares in future.


There are the 3 shares where u can invest your money through the SIP or you call also bulk buy when these shares trade below the fair value. Start adding these shares in your portfolio.


"Let's create wealth together "

BofA new target on banks

6 big reason behind 500 points fall in nifty

There's 6 big reasons behind the 500 points fall in nifty on monday 4th may 2020.

1. Q4 Earnings Disappontment & fear for worse.

March quarter earnings so far have disappointed investors. On thursday, Reliance industries, hindustan Uniliver and Tech mahindra joined peers who missed street estimates, acting as a dampener when markets reopened after and extended weekend.

It should be noted that the impact of country wide lockdown was just for a week until march. In the june quarter earnings, the real impact of the lockdown will be known.

2. Lockdown 3.0

The second extension of the lockdown, which will he into force till may 17, eased restriction into certain areas but analysts feared supply side disruptions. 

The government has designated 130 districts as red zones including most metropolitan cities, which will remain under stringent lockdown. About 284 districts have been classified as orange zones, and the remaining 319 districts as green zones.

Both orange and green zones will be allowed significant relaxation on the level and kind of economic activity undertaken on a graded basis. However, interstate transport via trains, flights and roads remain barred.

3. US- China face off

US and china which barely reaches a deal last year to end the 18 month old trade war, are now engaged in another tussle threatening more pressure on world economies and hurting the market sentiments back home.

The spat over the origin of the coronavirus put the brakes on optimism about an economic re-start even as countries around the world ease restrictions. This comes at a time when most major economies are expecting a contraction of GDP in near term.

The US tried to pin the blame of the pandemic on China, accusing the virus emerged from laboratory in the central chinese city of wuhan. 

4. Nifty top 10 drag

5. Severe Fall across all sectors

6. Weak Global cuses.

This are the 6 big reasons behind the nifty 500 points fall.

"Let's create wealth together"

Trading vs ingesting

Today I'm writing this article for those people who  are thinking to start investing with minimal amount of about 5000 to 10000rs.

Everyone thinks earnings in share market is very easy like they think buy shares at 1000rs and sell them in 1100 so you will get 100rs profit. It is really simple but when you do it practically it is little difficult.


If you want to earn in share market then first of all you will need to open Dmat account. It is very easy to open Dmat accounts, even we have posted article on it.

In the market  there's 2 ways to earn money. 99% people follow 1st one and rest are follows 2nd one.
1st is trading where traders buy shares and sell it within a day or in the 1/2 month.
2nd is investing. Only 1% follow this strategy.

If you look at traders, they are working day and night but still most of they are not rich. And another side investors who are not even working everyday in market but still they are rich. Investing is only a great way to become a rich in market. Yes few traders are successful but being successfull in trading is really hard. And in investing being successfull is quite easy you only need lots of patience become a rich.

If you start trading at the age of 20 and you buy and sell shares every day and when you reach your age 60 your Dmat account is still empty because you are trader. It you are trader than At the end of the game you dont have any asset.

If you focus on investing, look at the  rakesh jhunjhunwala,charlie manger,warren buffet, trump they believe in investing.

If you are looking for long run  then I have 2 strategy for you
1. Do not sell anything
2. Don't look at price

If you are looking for long term investment then price doesn't matter the only thing matters is number of shares you have.

In long run investing only thing matters is number of shares. If you have share in large quantity then you will get big dividends and even you will get compounding return benefits and some time u will also get benefits of bonus shares and split shares.

If you want to create great wealth then investing could be a really great way.

So stop trading and start adding shares to your Dmat account. Investing is best thing to do in share market.

If you choose some best company with best future growth then your small investing of 5000 can be more than 1cr. Don't forget about infosys and wipro.

Go and check our article we have posted many articles on investing.


"Let's create wealth together"

Inverse head and shoulders pattern

What is inverse head and shoulders pattern ?
An inverse head and shoulders pattern is also called head and shoulders bottom. It is same as head and shoulders pattern but inverted. This pattern is identified when the price action of a security meets the following characteristics:the price falls to a through and then rises the price falls below the former trough and then rises again. Finally, the price falls again but not as fast as the second trough. Once the final trough is made, the price heads upward, towards the resistance found near the top of the previous troughs.

The inverse head and shoulders pattern is also as popular as head shoulders pattern. This pattern indicates the end of the downward and starts of the upward.

What does an inverse head and shoulders tell you?

Investors typically enter into a long position when the price rises above the resistance of the neckline. The first  and third trough are considered shoulders and the second peak form the head. A move above the resistance, also known as the neckline, is used as a signal of a sharp move higher. Many traders watch for a large spike in volume to confirm the validity of the breakout. This pattern is the opposite of the popular head and shoulders pattern but is used to predict shifts in a downtrend rather than an uptrend.

A suitable profit target can he ascertained by measuring the distance between the bottom of the head and the neckline of the pattern and using that same distance to project how far proce may move in the direction of the breakout. For example, if the distance between the head and neckline is ten points, the profit target is set ten points above the pattern's neckline. An aggressive stop loss order can be placed below the breakout price bar if candle. Alternatively,  a conservative stop loss order can be placed below the right shoulders of the inverse head and shoulders pattern.

An inverse head and shoulders pattern in comprised of three component parts:

1. After long bearish trends, the price falls to a trough and subsequently rises to form a peak.
2. The price falls again to firm a second trough substantially below the initial low and rises yet again.
3. The price falls for a third time, but only to the level of the first trough, before rising once more and reversing the trend.

Limitations of an inverse head and shoulders
Like all charting patterns, the ups and downs of the head and shoulders pattern tell a very specific story about the battle being waged between bulls and bears.

The initial decline and subsequent peak represent the building momentum of the prior bearish trend into the first shoulder portion. Wanting to sustain the downward movement as long as possible, bears try to push the price back down past the initial trough after the shoulder to reach a new low. At this point,  it is still possible that bears could  reinstate their market dominance and continue the downward trend.

However,  once price rises a second time and reaches a point above the initial peak, it is clear that bulls are gaining ground.  Bears try one more time to push price downward but succeed only in hitting trough. This failure to surpass the lowest low signals the bears' defeat and bulls take over, Driving the price upward and completing the reversal.

"Let's create wealth together"