Discover and read the best of Twitter Threads about #ICICIbank
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The Nifty Financial Services Index, also known as the #FinNifty, is an index that tracks the performance of the financial services sector in India. @bbrijesh explains about the index in detail. 
#FinNifty is an index that tracks the performance of the financial services sector in India, which includes #banks, #insurance companies, #housingfinance, and Non-Banking Financial Companies (NBFCs). #FinancialServicesSector #India
The financial services sector in India is one of the largest and most diverse in the world, and FinNifty provides a way to track the performance of this sector. #FinancialServicesSector #GrowthPotential
#Breaking Bombay High Court releases Videocon Group Chairman Venugopal Dhoot on bail from judicial custody in the ICICI Bank loan default case.
#ICICIBank #VideoconLoanCase #venugopaldhoot #CBI
#ICICIBank #VideoconLoanCase #venugopaldhoot #CBI
Court: Dhoot to be released on bail bond of ₹1 lakh
Other conditions similar to co-accused Chanda Kochhar and Deepak Kochhar.
Other conditions similar to co-accused Chanda Kochhar and Deepak Kochhar.
Court: Intervention application rejected. Costs of ₹25,000
Time for some fun.
Instead of mocking others, let's do some self mocking.
This is the "best collection" of stocks.
I'm going #equalweight.
Just Ten MostBoring Stocks.
All-in-one Hall of fame list.
Presenting
The #BoringStocks of 2023.
Feel free to track & ridicule.
Here we go.
Instead of mocking others, let's do some self mocking.
This is the "best collection" of stocks.
I'm going #equalweight.
Just Ten MostBoring Stocks.
All-in-one Hall of fame list.
Presenting
The #BoringStocks of 2023.
Feel free to track & ridicule.
Here we go.
#HDFC. The mother of all boring stocks. Soon to be #hdfcbank.
Should do better simply because the expectations have never run so low.
1/10
Should do better simply because the expectations have never run so low.
1/10
#COALINDIA. No less boring. Much hated. Much bitched on WhatsApp. Everybody loves to abuse." Dividend play that's a widow stock" is what #BAAP Moghuls will call it on TV.
Most "intelligent investors" feel the same way about its owner as they do about their own mother-in-law.2/10
Most "intelligent investors" feel the same way about its owner as they do about their own mother-in-law.2/10
In last 4 Months I have suggested 40 Stocks. Here, I am trying to figure out how much money💸💸 would have become by Investing Rs 1 lakh in each of the 40 stocks.
@StocksTreasures @itsqfa @farirf07 @kuttrapali26 @nakulvibhor @JakeraChoudhury
@StocksTreasures @itsqfa @farirf07 @kuttrapali26 @nakulvibhor @JakeraChoudhury
➡️Recommendation Date of #FMCG Stocks is 3 July
➡️#vbl #ITC #RadicoKhaitan #unitedspirits #ubl #emami #hindustanunilever #nestle #tataconsumer
➡️TOTAL INVESTMENT9,00,000
➡️TOTAL VALUE AS PER HIGH11,26,228
➡️%RETURN ON INVESTMENT25.13%
➡️PROFIT2,26,228
➡️#vbl #ITC #RadicoKhaitan #unitedspirits #ubl #emami #hindustanunilever #nestle #tataconsumer
➡️TOTAL INVESTMENT9,00,000
➡️TOTAL VALUE AS PER HIGH11,26,228
➡️%RETURN ON INVESTMENT25.13%
➡️PROFIT2,26,228
➡️Recommendation Date of #Financial Stocks is 9 July
➡️#sbin #ICICIBank #HDFCBank #shriramtransportfinance #mahindrafinance #BajajFinance #KOTAKBANK #AxisBank
➡️TOTAL INVESTMENT8,00,000
➡️TOTAL VALUE AS PER HIGH9,90,458
➡️%RETURN ON INVESTMENT23.80%➡️PROFIT1,90,458
➡️#sbin #ICICIBank #HDFCBank #shriramtransportfinance #mahindrafinance #BajajFinance #KOTAKBANK #AxisBank
➡️TOTAL INVESTMENT8,00,000
➡️TOTAL VALUE AS PER HIGH9,90,458
➡️%RETURN ON INVESTMENT23.80%➡️PROFIT1,90,458
1/Quick review of Banking stocks:
#HDFCBANK: BO of the range
#ICICIBANK: Fresh ATH
#SBIN: Fresh ATH
#KOTAKBANK: Nearing BO level
#HDFCBANK: BO of the range
#ICICIBANK: Fresh ATH
#SBIN: Fresh ATH
#KOTAKBANK: Nearing BO level
2/ Rest of the banks:
#AXISBANK: Although nearing BO, it might consolidate a bit before continuing the trend.
#PSUBANK: BO on monthly TF so good returns on this sector as a whole can be expected.
#AXISBANK: Although nearing BO, it might consolidate a bit before continuing the trend.
#PSUBANK: BO on monthly TF so good returns on this sector as a whole can be expected.
3/ATH in #BANKNIFTY
From the above charts we can see all the banks are either near ATH or already trading at ATH.
Infact even the PSU Bank sector has given a BO on monthly TF.
From the above charts we can see all the banks are either near ATH or already trading at ATH.
Infact even the PSU Bank sector has given a BO on monthly TF.
#ICICIBank: Interesting titbits from ICICI Q1FY23 ppt. Results were a few weeks ago.
1/ SIGNS OF RURAL STRESS ?? Rural loans grew JUST by 8.4% yy (does not even take care of Input inflation) for a Big bank growing fastest... vs Overall Domestic Loans grew 22% YY...
1/ SIGNS OF RURAL STRESS ?? Rural loans grew JUST by 8.4% yy (does not even take care of Input inflation) for a Big bank growing fastest... vs Overall Domestic Loans grew 22% YY...
2/ RBI Rate hike of 40bps on May 4th shld have seen some impact on NIMs +vely in June Qtr given high share of External Benchmark (Repo Rate linked) Loans. Nims just +1bps QoQ (Retail/SME +24-33%yy vs low yielding Corp +14%yy shld hav also added to NIMs). Takes me to my next pt.
3/ Total Deposits declined QoQ (Rs10.64trn => 10.5trn) in a period of high Loan growth... the fight for deposits is gonna SPIKE BIG (HDFC merger effect yet 2 impact)..
P.S. FY YTD System Deposit growth weakens to 8%yy vs Credit growth a stellar @ 13-14% YY (WC Loans)
P.S. FY YTD System Deposit growth weakens to 8%yy vs Credit growth a stellar @ 13-14% YY (WC Loans)
#Reliance
2 Scenarios likely.
In ST, both point towards a min. rise to 50DSma, 2615
50% - 61.8% #retracement of last fall from 2817 to 2365 @ 2591-2645
2 Scenarios likely.
In ST, both point towards a min. rise to 50DSma, 2615
50% - 61.8% #retracement of last fall from 2817 to 2365 @ 2591-2645
Best Buying Levels for all #Nifty50 #Stocks as per Demand Zone:
1️⃣ #ADANIPORTS: ₹562
2️⃣ #ASIANPAINT: ₹2,552
3️⃣ #AXISBANK: ₹620
4️⃣ #BAJAJFINSV: ₹10,445
5️⃣ #BAJAJAUTO: ₹3,280
Save it for later ✅
Tags:
#StockMarket #NSE #Nifty #Trading #Investing #sharemarket
Thread🧵(1/11)
1️⃣ #ADANIPORTS: ₹562
2️⃣ #ASIANPAINT: ₹2,552
3️⃣ #AXISBANK: ₹620
4️⃣ #BAJAJFINSV: ₹10,445
5️⃣ #BAJAJAUTO: ₹3,280
Save it for later ✅
Tags:
#StockMarket #NSE #Nifty #Trading #Investing #sharemarket
Thread🧵(1/11)
Best Buying Levels for all #Nifty50 #Stocks as per Demand Zone:
6️⃣ #BAJFINANCE: ₹4,668
7️⃣ #BHARTIARTL: ₹552
8️⃣ #BPCL: ₹255
9️⃣ #BRITANNIA: ₹2,534
🔟 #CIPLA: ₹850
Save it for later ✅
Tags:
#StockMarket #NSE #Nifty #Trading #Investing #sharemarket #Trader #OI
Thread🧵(2/11)
6️⃣ #BAJFINANCE: ₹4,668
7️⃣ #BHARTIARTL: ₹552
8️⃣ #BPCL: ₹255
9️⃣ #BRITANNIA: ₹2,534
🔟 #CIPLA: ₹850
Save it for later ✅
Tags:
#StockMarket #NSE #Nifty #Trading #Investing #sharemarket #Trader #OI
Thread🧵(2/11)
Best Buying Levels for all #Nifty50 #Stocks as per Demand Zone:
1️⃣ #COALINDIA: ₹163
2️⃣ #DIVISLAB: ₹3,154
3️⃣ #DRREDDY: ₹3,365
4️⃣ #EICHERMOT: ₹2,431
5️⃣ #GRASIM: ₹1,221
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Tags:
#StockMarket #NSE #Nifty #Trading #Investing #sharemarket #BSE
Thread 🧵(3/11)
1️⃣ #COALINDIA: ₹163
2️⃣ #DIVISLAB: ₹3,154
3️⃣ #DRREDDY: ₹3,365
4️⃣ #EICHERMOT: ₹2,431
5️⃣ #GRASIM: ₹1,221
Save it for later ✅
Tags:
#StockMarket #NSE #Nifty #Trading #Investing #sharemarket #BSE
Thread 🧵(3/11)
ICICI Bank Ltd Q4 FY22 Earnings Concall Insights
#ICICIBANK #ICICIBANKQ4 #concall #concalls #insights #results #stocks #TrendingStocks #earnings #stockmarketindia #StockToWatch
🧵
#ICICIBANK #ICICIBANKQ4 #concall #concalls #insights #results #stocks #TrendingStocks #earnings #stockmarketindia #StockToWatch
🧵
ICICIBANK said its employee expenses increased by 21% YonY. And the bank had about 105,800 employees at March 31, with employee count increasing by about 7,000 in the last 12 months.
Q&A Insights: Mahrukh Adajania of @EdelweissFin asked about margin outlook and if repo rate hike will gain margin. Rakesh CFO replied that it’s difficult to give an outlook. The target would be to try and see how margins can be maintained. But it will be a function of the market.
US markets have given a break-down from Head & Shoulders pattern
Most of the Indian sectors too look vulnerable
THREAD: Technical Analysis for US market & 10 Indian sectors🧵
Collaborated with @AdityaTodmal
Most of the Indian sectors too look vulnerable
THREAD: Technical Analysis for US market & 10 Indian sectors🧵
Collaborated with @AdityaTodmal
📊ICICI BANK LTD (#ICICIBANK)
🏷CMP: 688, Market Cap: 4,77,987 Cr
🏦Business Analysis
🏷ICICI Bank Limited provides various banking products and financial services in India and Internationally.
A Thread 🧵
🏷CMP: 688, Market Cap: 4,77,987 Cr
🏦Business Analysis
🏷ICICI Bank Limited provides various banking products and financial services in India and Internationally.
A Thread 🧵
🌁HISTORY
🏷Incorporated in 5 January 1994 (28 Years ago)
🏷Founded as the Industrial Credit and Investment Corporation of India Bank, before it changed its name to ICICI Bank. The parent company was later merged with the bank.
🏷Launched internet banking operations in 1998
🏷Incorporated in 5 January 1994 (28 Years ago)
🏷Founded as the Industrial Credit and Investment Corporation of India Bank, before it changed its name to ICICI Bank. The parent company was later merged with the bank.
🏷Launched internet banking operations in 1998
🌁MARKET POSITION
🏷ICICI Bank is one of the largest private sector banks in India with standalone asset base of 12.3 lakh crore as on 31 March 2021
🌁MARKET SHARE
🏷Credit Card Transactions (As on Nov 21): 19.97%
🏷Equity AUM (As on Oct 21): 16%
🏷ICICI Bank is one of the largest private sector banks in India with standalone asset base of 12.3 lakh crore as on 31 March 2021
🌁MARKET SHARE
🏷Credit Card Transactions (As on Nov 21): 19.97%
🏷Equity AUM (As on Oct 21): 16%
Macd is the simplest & most reliable indicators available. Macd uses Moving Averages & turn them into momentum indicator by subtracting longer MA from shorter MA. The subtracted value when plotted forms a line that oscillates above & below zero, without any upper/ lower limits.
Using shorter Moving Average (5 & 10) will produce a quicker, more responsive indicator (fast macd), while using longer MA (12 & 26) will produce a slower indicator (Slow macd), less prone to whipsaws.
Macd measures the difference between two Exponential Moving Averages (EMAs).
Macd measures the difference between two Exponential Moving Averages (EMAs).
A +ve Macd indicates that 5 or 12-day Ema is trading above 10 or 26-day Ema. A -ve Macd indicates that 5 or 12-day Ema is trading below 10 or 26-day Ema. If Macd is -ve & declining, then -ve gap between faster MA & slower MA is expanding & Downward momentum is accelerating..
A Thread on Ratio analysis and respective charts
No need to grab a coffee,Chai will do😄
The idea is to identify relatively stronger sectors & stocks when breadth is weak
Breadth=DT 1% (No of stocks in Double top buy on 1% PnF chart)
Breadth started falling from 14th Jan 2022
No need to grab a coffee,Chai will do😄
The idea is to identify relatively stronger sectors & stocks when breadth is weak
Breadth=DT 1% (No of stocks in Double top buy on 1% PnF chart)
Breadth started falling from 14th Jan 2022
So we need to identify sectors which remained resilient when market breadth was falling.
We will look back 8 trading sessions and any score above or equal to 5 is bullish (63% of times Sector outperformed benchmark)
We will look back 8 trading sessions and any score above or equal to 5 is bullish (63% of times Sector outperformed benchmark)
Mean reversals are best suited for current market breadth scenario. Once we have identified the sector the next step is to identify stocks in same fashion.
However the idea is to pick only stocks which are taking support near 50 or 200 EMA
Let us begin with first sector 👇
However the idea is to pick only stocks which are taking support near 50 or 200 EMA
Let us begin with first sector 👇
𝐓𝐞𝐜𝐡𝐧𝐢𝐜𝐚𝐥 𝐚𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐟𝐨𝐫 𝐚𝐥𝐥 𝐒𝐞𝐜𝐭𝐨𝐫𝐬
Detailed 🧵on each sector covering index heavy weight stocks📊
Detailed 🧵on each sector covering index heavy weight stocks📊
thread alerts 🧵
how to give simple ranking to stocks witch is trending higher & witch is trending lower
for simple ranking you can use CCI indicator
for identified top strong & top weak stocks.
@Trendmyfriends
1⃣
how to give simple ranking to stocks witch is trending higher & witch is trending lower
for simple ranking you can use CCI indicator
for identified top strong & top weak stocks.
@Trendmyfriends
1⃣
CCI Developed by Donald Lambert
⚡️The Commodity Channel Index (CCI) is a momentum-based oscillator used to help determine a price trend direction and strength of stocks
⚡️CCI measures the difference between the current price and the historical average price.
2⃣
⚡️The Commodity Channel Index (CCI) is a momentum-based oscillator used to help determine a price trend direction and strength of stocks
⚡️CCI measures the difference between the current price and the historical average price.
2⃣
⚡️The Formula for the CCI
CCI= (Typical Price−MA) /( 0.015×Mean Deviation)
how we use it
⚡️When the CCI is above zero, it indicates the price is above the historic average. Conversely, when the CCI is below zero, the price is below the historic average.
3⃣
CCI= (Typical Price−MA) /( 0.015×Mean Deviation)
how we use it
⚡️When the CCI is above zero, it indicates the price is above the historic average. Conversely, when the CCI is below zero, the price is below the historic average.
3⃣
Nifty 50(w) structure
At RSI front Index given continue some weakness but still we respected 17700 and Monday if some panic same can move towards 17570-17600..
Next weekly closing below 17570 will put more pressure of consolidation.
At RSI front Index given continue some weakness but still we respected 17700 and Monday if some panic same can move towards 17570-17600..
Next weekly closing below 17570 will put more pressure of consolidation.
If we try to observe Nifty 50 stock wise charts most of counters give comfort that we should hold & respect the 17600-17700 zone once as solid support.
Further looking on same chart clear visible that same consolidation may take more time till we not break 18300 towards high.
Further looking on same chart clear visible that same consolidation may take more time till we not break 18300 towards high.
Bank Nifty Structure...
Index almost correct 4000 point one way,hence same is also near 38K psycological as well as technical support zone,hence same also indicative that a bounce back is clearly due in BN as well,hence don't panic if some pressure as Hap down etc in monday.
Index almost correct 4000 point one way,hence same is also near 38K psycological as well as technical support zone,hence same also indicative that a bounce back is clearly due in BN as well,hence don't panic if some pressure as Hap down etc in monday.
#PayTmIPO #Paytm This will be a long tweet but worth your time it will help your investment decisions.
Before comments on #paytm I will rewind to 2008 I was heading institutional broking of large broking house with half a million clients and over 2000 offices across India,
Before comments on #paytm I will rewind to 2008 I was heading institutional broking of large broking house with half a million clients and over 2000 offices across India,
Largest public issue #Rpower #reliance brand untill that point most trusted company among retail investors, IPO band was between ₹400-450 company wanted me to promote this issue, my answer was clear NO, I did not see any fundamentals matching I simply said #rpower has no fuse
Close to 14 years period of vanavas of lord ram still the share is trading around ₹14.
“The more you want something to be true, the more likely you are to believe a story that overestimates the odds of it being true” ~M Housel
Markets were at the peak when issue came and by end
“The more you want something to be true, the more likely you are to believe a story that overestimates the odds of it being true” ~M Housel
Markets were at the peak when issue came and by end
Option selling strategy thread 🧵
*Capital must be above 6lac
*Target only banknifty (weekly expiry)
* Target 1/2% per week
* combine premium should above 100
Two types of strategy normally i use
⚡ directional
⚡Non directional (strangle)
*Capital must be above 6lac
*Target only banknifty (weekly expiry)
* Target 1/2% per week
* combine premium should above 100
Two types of strategy normally i use
⚡ directional
⚡Non directional (strangle)
⚡Direction - when banknifty & out of 5 major banking stocks 2 given breakout or breakdown.
(5 major banks 🏦 - #hdfcbank #icicibank #kotakbank #sbi #axisbank)
(5 major banks 🏦 - #hdfcbank #icicibank #kotakbank #sbi #axisbank)
✨Breakout - when #banknifty gives breakout & 2/3 banks looking strong.
Then mark swing low of #banknifty & start selling 200 points down strike puts and add more at support line.
If swing support broken then exit.
(Trending upmove)
Then mark swing low of #banknifty & start selling 200 points down strike puts and add more at support line.
If swing support broken then exit.
(Trending upmove)
Most are correcting yesterday's low to today's opening high.
Keep the retrace handy
38%-50% retrace is bullish
61.8% is average strength
Anything beyond it, reject it and reconsider only if the high is surpassed
For Eg: Nifty holding "17855-892" is bullish
Break of 17817, reject
Keep the retrace handy
38%-50% retrace is bullish
61.8% is average strength
Anything beyond it, reject it and reconsider only if the high is surpassed
For Eg: Nifty holding "17855-892" is bullish
Break of 17817, reject
#Reliance has done exactly 61.8% retrace of 2494 to 2556 @ 2518
Today's low 2518.
Below this, wouldn't consider it.
IF breaks 2518, consider it only above 2545 or 2556
Today's low 2518.
Below this, wouldn't consider it.
IF breaks 2518, consider it only above 2545 or 2556
#sbin
Rose from 501 to 522
It's retrace is @ 511.50 -514, a bullish possibility.
Made a low of 513.60 so far.
Below 509, reject it.
And, consider it only if moves above 522.
Rose from 501 to 522
It's retrace is @ 511.50 -514, a bullish possibility.
Made a low of 513.60 so far.
Below 509, reject it.
And, consider it only if moves above 522.
#ICICIBank is one of the 1st bank I ever read about. Always felt like at some point it would catch up with #HDFCbank and cover up the lost ground. Here's a short thread on how ICICI bank's technology stack is shaping up. Do retweet for wider reach.
#ICICIBank has built iMobile app back in 2008. Over the yrs it transformed to a universal fintech app adding many services. App is open for all and it has 30 lakh non-ICICI bank customers. Avg daily volume of these customers increased 7x and value of transaction by 8x
2/n
2/n
#ICICIBank has developed InstaBIZ app for business banking services. It currently has more than 10 lakh active customers. Financial transactions grew by 24% YoY. 87% of business payments happen digitally through this app.
3/n
3/n
The top 10 stocks in #Nifty50 contributes more than 55% weight-age, the remaining 45% comes from other 40 stocks. This weight-age changes yearly twice based on stock performance. What if I choose to do SIP of Rs.10,000 every month only with Top 1 stock from this list?
I downloaded last 13 years historical Nifty50 constituents from niftyindices.com and grabbed the top stock based on weight-age. Allocated Rs.10,000 every month into that stock.
Used @ValueResearch portal to upload the transaction to compute the final results inclusive of Bonus, Splits, Dividends etc. In last 13 years, these 5 stocks #HDFCBANK #ICICIBANK #ITC #RELIANCE & #INFY had the highest weight-age at different periods.
#Banknifty in focus.
#Hdfcbank 8 days of cons. A move past 1560-65.
#Icicibank 10 days of cons. A move past 717
#Reliance 6 days of cons. A move past 2400
#Hdfc 3 days of cons. Holding 2785-2805 & move past 2825
#Hdfcbank 8 days of cons. A move past 1560-65.
#Icicibank 10 days of cons. A move past 717
#Reliance 6 days of cons. A move past 2400
#Hdfc 3 days of cons. Holding 2785-2805 & move past 2825
#Hdfc breaking out..
#Icicibank is poised..
#BankNifty outperformed broader #Nifty after a long time, looking at the momentum today, we may see it touching much higher levels in next few days. Please refer to following quantitative and technical post market reports for details.
#HDFCBank #icicibank and #SBIN led the rally today, look at #KOTAKBANK #AXISBANK & #indusind too.
Important levels are mentioned in following note.
Subscribe for Free : t.me/i2gain
@vivbajaj
Important levels are mentioned in following note.
Subscribe for Free : t.me/i2gain
@vivbajaj
@threadreaderapp "unroll"
Spate of Q4FY21 results showcase #Economy is on track
#ICICIBank reported Profit of Rs4402Cr,a 260% jump YoY,with NII up a solid 16.8% at 10431Cr
Tech companies have done well,with #TechMahindra reporting Dollar Revenue growth of 1.6% QoQ &Margins up 10bps at 16%
#Modinomics💪
#ICICIBank reported Profit of Rs4402Cr,a 260% jump YoY,with NII up a solid 16.8% at 10431Cr
Tech companies have done well,with #TechMahindra reporting Dollar Revenue growth of 1.6% QoQ &Margins up 10bps at 16%
#Modinomics💪
#HCLTech also reported good numbers with Dollar Revenue up 3% QoQ
IT&Business Services segment grew 4.4% QoQ
Even for #MarutiSuzuki,while Profit fell,it managed to have Gross Margins at 26%,Vs 27.5% QoQ
Margin above 25% despite challenges thrown by Pandemic,is good
#Modinomics
IT&Business Services segment grew 4.4% QoQ
Even for #MarutiSuzuki,while Profit fell,it managed to have Gross Margins at 26%,Vs 27.5% QoQ
Margin above 25% despite challenges thrown by Pandemic,is good
#Modinomics
In Banking space,besides great results by #HDFCBank& #ICICIBank, #AxisBank too reported good results, with Profit at Rs2677Cr,Vs loss of 1388Cr,YoY
While Gross&Net NPAs of Axis rose 15%&52% YoY,with Provisions down 28%,good news is NII is up 11% at Rs7555Cr
#Economy #Modinomics
While Gross&Net NPAs of Axis rose 15%&52% YoY,with Provisions down 28%,good news is NII is up 11% at Rs7555Cr
#Economy #Modinomics
