Day Trading Stocks & Futures

TraderRavi

low risk profile
re: Day trading Nifty & Banknifty Futures

Infy Q3 PAT may rise 14%, FY14 guidance key: CNBC-TV18 Poll Analysts believe the full year dollar revenue guidance (FY14) is the key to watch out for. According to them, if the company does not increase the guidance then the stock may see knee-jerk reaction.

Infosys , the second largest software services exporter in India, will begin third quarter (October-December) earnings season on Friday. According to a CNBC-TV18 poll, analysts expect the company to report 14.33 percent growth in profit after tax at Rs 2,752 crore compared to previous quarter. Adjusted profit after tax is expected to be at Rs 2,626 crore, a growth of 9 percent sequentially. Its profitability was impacted by visa cost of Rs 219 crore (one off item) in the quarter ended September 2013. October-December period is a seasonally weak quarter for technology companies due to holiday season and project furloughs, which has already been factored in, say analysts. Earnings before interest and tax (EBIT) may jump over 11 percent sequentially to Rs 3,154 crore and EBIT margin is seen rising 243 basis points Q-o-Q to 24.15 percent. Adjusted EBIT growth is expected to be at 7.7 percent and EBIT margin 58 basis points as wage hike impacted margins in September quarter.

Read more at: http://www.moneycontrol.com/news/re...1021581.html?topnews=1&utm_source=ref_article
 

pratapvb

Well-Known Member
re: Day trading Nifty & Banknifty Futures

Pratapbhai what was your first trade entry after beak of today ow of break of 60-13 ema? :O
1st trade was long 11075 and book around 11125....I had posted early morning withing 1st few mins......then later short
 
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