Month: August 2017

What is your Salary?

I am not interested in the amount but the type of salary.  

My friend, there are different types of salaries. Read till the end and you will understand.

There is no average income.

The rich are becoming richer, while the poor are getting poorer.

There is no middle class because it has completely disappeared.

Salary, is a specific amount of money that an employee is paid for work done.

The big question is Which type do you earn?

1. Onion Salary: – You grab it, you open it, and you cry.

2. Storm Salary: – You don’t know when it’s coming or going.

3. Menstrual Salary: – It comes once a month and lasts only four days.

4. Magic Salary: – You touch it and it disappears.

5. Amnesia Salary: – You can’t remember what you spent it on.

6. Time Travelling Salary: – You spend it paying various debts even before you collect it.

7. Active Salary – Once you stop working, it stops.

But there is another one called RESIDUAL INCOME

What is Residual Income?

You work once, and it keeps paying you over and over and over again even AFTER you have stopped working.

Whether it's magic salary, amnesia salary or onion salary, the moment it STOPS coming, your life becomes unbearable.

Financial LITERACY is the tool needed to TRANSFORM your salary into a RESIDUAL INCOME, so you can create financial freedom and time freedom.

ONLY YOUR INVESTMENT can keep you going even after all the onions, amnesty, traveling, active salaries have left you drenched.

Research has it that the poorest group of people in the world are Salary earners, next to beggars.

They live in a vicious cycle of poverty managed on 30 days. Salary is continuously being awaited every month and any slight delay brings about heartbreaking anxiety, pressure and disappointment. 

Salary Is a short term solution to a life time problem.

Salary alone cannot solve your money problems. You need multiple Sources of income to balance.

The tax returns form contains about 11 income streams, salary is just one.

Don't live Your Life fishing with just one hook, there are many fishes in the ocean.

Salary is the MEDICINE for managing POVERTY, not the CURE. Only your BUSINESS or INVESTMENT Cures Poverty

Most investors are not salary earners.

The difference between those beggars on the street and salary earners is one month's salary.

Truncate the flow of their salary for one month and you would realize majority belong to the lower class.

If you divide your salary by the rate of exchange, you will discover that you are poorer, relative to when you started work.

Or divide your salary per annum by 2,000 hours to know what your one hour is worth.

If you do not have 3 months salary in savings, you are already poor.

Being a salary earner is a mentality, break it!

Your worth Is far more than your salary.

Salary Is the value someone has put on your effort, How much do you value yourself?

You can't increase in value, unless you VALUE yourself differently.

Life Is a trade off between time, effort and reward. To be rewarded more, you have to become more valuable.

Most salary earners end up poor in the long and short term.

Salary is the bribe they gave you to forget your dreams. 

I therefore urge every one of us to be FINANCIALLY INTELLIGENT, FINANCIALLY LITERATE and TRAIN OUR EYES TO SEE OPPORTUNITIES IN PROBLEMS. Delve into entrepreneurship because Salary is a lifetime disappointment. 

Being a salary earner or investor is a decision. Life Will not change until you decide. Do that now.

FreeStockAnalysis Punjab National Bank,Marico Limited,Hindustan Petroleum Corporation Limited,Amara Raja Batteries Limited

Intraday Trading Strategy – 1


Punjab National Bank

Buy Punjab National Bank at / above 138.06 Target 140.94 – 143.92 – 146.94 – 149.98

Stop loss — 135.14

Sell Punjab National Bank at / below 135.14 Target 132.31 – 129.45 – 126.62 – 123.82

Stop loss — 138.06

 

Intraday Trading Strategy – 2


Marico Limited

Buy Marico Limited at / above 319.51 Target 323.83 – 328.35 – 332.89 – 337.47

Stop loss — 315.06

Sell Marico Limited at / below 315.06 Target 310.79 – 306.4 – 302.04 – 297.71

Stop loss — 319.51

 

Intraday Trading Strategy – 3


Hindustan Petroleum Corporation Limited

Buy Hindustan Petroleum Corporation Limited at / above 435.76 Target 440.77 – 446.04 – 451.33 – 456.66

Stop loss — 430.56

Sell Hindustan Petroleum Corporation Limited at / below 430.56 Target 425.6 – 420.46 – 415.34 – 410.26

Stop loss — 435.76

 

Intraday Trading Strategy – 4


Amara Raja Batteries Limited

Buy Amara Raja Batteries Limited at / above 756.25 Target 762.75 – 769.67 – 776.62 – 783.6

Stop loss — 749.39

Sell Amara Raja Batteries Limited at / below 749.39 Target 742.93 – 736.13 – 729.36 – 722.62

Stop loss — 756.25

 

All prices relate to the NSE Spot/Cash Market

FreeStockAnalysis Punjab National Bank,Marico Limited,Hindustan Petroleum Corporation Limited,Amara Raja Batteries Limited based on the previous trading day’s price activity.

Intraday call is valid for the next trading session only unless otherwise mentioned.

Stop-loss levels are given so that there is a level below/above, which the market will tell us that the call has gone wrong. Stop-loss is an essential risk control mechanism; it should always be there.

Book, at least, part profits when the prices reach their targets; if you continue to hold on to positions then use trailing stops to lock in your profits.

 

FreeStockAnalysis Punjab National Bank,TVS Motor Company Limited,LIC Housing Finance Limited,Shriram Transport Finance Company Limited

Intraday Trading Strategy – 1


Punjab National Bank

Buy Punjab National Bank at / above 144 Target 146.94 – 149.98 – 153.06 – 156.17

Stop loss — 141.01

Sell Punjab National Bank at / below 141.01 Target 138.13 – 135.2 – 132.31 – 129.45

Stop loss — 144

 

Intraday Trading Strategy – 2


TVS Motor Company Limited

Buy TVS Motor Company Limited at / above 588.06 Target 593.84 – 599.94 – 606.08 – 612.25

Stop loss — 582.01

Sell TVS Motor Company Limited at / below 582.01 Target 576.28 – 570.3 – 564.34 – 558.41

Stop loss — 588.06

 

Intraday Trading Strategy – 3


LIC Housing Finance Limited

Buy LIC Housing Finance Limited at / above 663.06 Target 669.18 – 675.66 – 682.17 – 688.71

Stop loss — 656.64

Sell LIC Housing Finance Limited at / below 656.64 Target 650.57 – 644.21 – 637.88 – 631.58

Stop loss — 663.06

 

Intraday Trading Strategy – 4


Shriram Transport Finance Company Limited

Buy Shriram Transport Finance Company Limited at / above 968.76 Target 976.07 – 983.89 – 991.75 – 999.64

Stop loss — 961

Sell Shriram Transport Finance Company Limited at / below 961 Target 953.74 – 946.03 – 938.35 – 930.71

Stop loss — 968.76

 

All prices relate to the NSE Spot/Cash Market

FreeStockAnalysis Punjab National Bank,TVS Motor Company Limited,LIC Housing Finance Limited,Shriram Transport Finance Company Limited based on the previous trading day’s price activity.

Intraday call is valid for the next trading session only unless otherwise mentioned.

Stop-loss levels are given so that there is a level below/above, which the market will tell us that the call has gone wrong. Stop-loss is an essential risk control mechanism; it should always be there.

Book, at least, part profits when the prices reach their targets; if you continue to hold on to positions then use trailing stops to lock in your profits.

 

Moving Average

All Discussion about Moving Average : 

Moving averages allow traders the ability to quantify trends and act as signals for entries, exits, and trailing stops. They can become support and resistance, and give the trader levels to trade around. Below are examples of the specific moving averages with time frames.

5 Day EMA: Measures the short term time frame. This is support in the strongest up trends. This line can only be used in low volatility trends.

10 day EMA: “The 10 day exponential moving average (EMA) is my favorite indicator to determine the major trend. I call this ‘red light, green light’ because it is imperative in trading to remain on the correct side of a moving average to give yourself the best probability of success. When you are trading above the 10 day, you have the green light, and you should be thinking buy. Conversely, trading below the average is a red light. The market is in a negative mode, and you should be thinking sell.” – Marty Schwartz

21 day EMA: This is the intermediate term moving average. It is generally the last line of support in a volatile up trend.

50 day SMA: This is the line that strong leading stocks typically pull back to. This is usually the support level for strong up trends. Use 50 Day Average For Trading Signals

100 day SMA: This is the line that provides the support between the 50 day and the 200 day. If it does not hold as support, the 200 day generally is the next stop.

200 day SMA: Bulls like to buy dips above the 200-day moving average, while bears sell rallies short below it. Bears usually win and sell into rallies below this line as the 200 day becomes resistance, and bulls buy into deep pullbacks to the 200 day when the price is above it. This line is one of the biggest signals in the market telling you which side to be on. Bull above, Bear below. Bad things happen to stocks and markets when this line is lost.

Bank Wise Gross NPA as of June 2017

Bank-wise gorss NPA                                                                    Bank Wise Gross NPA as of June 2017

  • State bank of india accounted for the largest share of about 22.7% in the total NPAs During the Quarter. The NPAs stood at Rs 188,068 crore as of June 2017
  • Top 5 banks together – SBI, PNB, BOI, IDBI, BOB account for a share of 47.4% totaling 393,154 crore
  • 11 of the top 12 banks in terms of NPAs are public sector banks (PSBs) with the exception being ICICI Bank.

    • ICICI bank accounts for about 5.2% share in the total NPAs during the Quarter.
    • Top 12 banks together account for 75.7% share

 

bank-wise ratio                                                                     Bank Wise Gross NPA as of June 2017

  • Public sector banks appear to be definitely more stressed than private banks
  • ICICI Bank and Axis bank are the only private banks in the top 15 with a combined share of 7.9 % in total NPAs.
  • The top 20 banks with highest NPA rations are public sector banks (PSBs).
  • The top 2 banks, Namely IDBI Bank (24.11%) and Indian Overseas Bank (23.6%) have NPA ratios of over 20%.
  • Indian bank is the PSB with Lowest ratio of 7.21%.
  • Top 8 banks have an NPA ratio of over 15% as of June 2017.
  • YES Bank is the only bank with a ratio of just less than 1.