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Across the board miss in numbers of Hdfc Bank (Asset Quality is really good though)
But interesting thing to notice in both Hdfc bank and Federal Bank is
Asset Quality is still improving, Which is very positive for overall lenders who won’t have tepid PPOP growth or higher Opex going forward✅
𝐌𝐨𝐧𝐨𝐩𝐨𝐥𝐲 𝐒𝐭𝐨𝐜𝐤𝐬 𝐢𝐧 𝐈𝐧𝐝𝐢𝐚
1- 𝐈𝐑𝐂𝐓𝐂 (100% in the ticketing business)
2- 𝐇𝐀𝐋 (100% in defense manufacturing)
3- 𝐍𝐞𝐬𝐭𝐥𝐞 (96.5% share in cerelac industry)
4- 𝐈𝐄𝐗 (95% of short-term electricity contracts in India)
5- 𝐌𝐂𝐗 (92% of India’s commodities exchange sector)
How to catch a volume action...
Just go through:
30DAvg volume
& then
Last 5D Avg volume
& then See what is current volume
Picture will be clear
& if Company is undervalued as per current earnings
Then its very good sign
&
Plus, if future prospects is bright...
Means... It can be rocket🚀
Applicable with many stocks, when breakouts happens
