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Quality Sales Growth can drive Stock market higher

Discussion in 'Trading Strategies & Systems' started by nivezastock, Jul 13, 2016.

  1. nivezastock

    nivezastock New Member

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    #Stockmarkettips ::

    Q1 FY17 results have started to come from this week and will go on till next 1 month or so. Overall there is modest recovery is expected in top line and bottom line of the companies considering the surprise of last quarter. For banks such as ICICI, Bank of Baroda, SBI it will be a important quarter since management has mentioned about worst seems over for NPA's and positive results will again create a rally in these top banks. So these are the stocks investors can look at and keep buying on declines.

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  2. farhan khan

    farhan khan New Member

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    On the daily chart of FEDERAL BANK is trading in bullish rally and after small correction yesterday session it has shown good upside move and break previous day high so it is expected to give further upside side move above near resistance level of 63.20.Thus we advise you to buy FEDERAL BANK above 63.30 for the targets of 64 64.80 with stop loss below 62.25.
     
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