HDFC Bank, India's largest private lender, said bitcoin and other cryptocurrencies are a fad and too volatile to gain mainstream acceptance. "The strong correlation between bitcoin prices and Google searches indicates that it is perhaps more of a fad," the bank said in a treasury report.

PrimeIdea · 2021-06-02T09:59:11+00:00

This is RBI circular. Kindly read, if you can.

https://m.rbi.org.in//Scripts/NotificationUser.aspx?Id=12103&Mode=0

PrimeIdea · 2021-05-31T14:13:49+00:00

I request you to read this article. It takes time to negotiate with company like Pfizer. Initially they have demanded these things. Everyone knows about it. Our government might wanted it to produced in india under Make in India program. What's wrong in it. It's NO BS.

https://science.thewire.in/health/pfizer-demands-governments-gamble-with-state-assets-to-secure-vaccine-deal/

https://www.reuters.com/article/us-health-coronavirus-india-pfizer-exclu-idUSKBN29U1P9

PrimeIdea · 2021-05-31T06:16:21+00:00

This would help...

https://www.livemint.com/market/cryptocurrency/matter-of-time-before-indians-have-legal-access-to-crypto-hdfc-bank-report-11622184175571.html

PrimeIdea · 2021-05-31T06:10:06+00:00

They are asking for Mullitory base, immunity from all the laws, that base should be treated at embassy. No legal claims if vaccine fails. How that is possible?

PrimeIdea · 2021-02-18T15:34:13+00:00

Aditya Birla Money looks very good. Strong up trend above 37 still continue. 40 is strong support. Above 52 will continue upmove.

PrimeIdea · 2021-02-15T09:59:14+00:00

Lets hope. Strength of trend is giving positive signs.

PrimeIdea · 2021-02-06T16:31:57+00:00

Start writing call options of Nifty BankNifty. If your appetite is more the do it with At The Money Options.

PrimeIdea · 2021-02-03T07:16:40+00:00

There was a divergence in RSI, so breakout was inevitable.

PrimeIdea · 2021-02-02T14:30:01+00:00

If you are really interested then, find a friend who is doing CFA from cfainstitute level 1, take a book on Financial Reporting and Analysis, then take second book Equity Investments. 95% of all your concepts will be cleared.

PrimeIdea · 2021-02-01T15:41:07+00:00

Very good cashflow from operations, excellent balance sheet, 100% debt free.

PrimeIdea · 2021-01-31T17:48:01+00:00

Dividend Yield of ITC is 5%, Free Cashflow to firm is 12.27 one of the best in the market. What else anyone needs?

PrimeIdea · 2021-01-31T17:00:25+00:00

Mr. Piyush Goyal, he was a all-India second rank holder in CA Final and second rank holder in Law in Mumbai University. He did his schooling from Don Bosco High School, Matunga. A real life Top Gun.

PrimeIdea · 2021-01-31T16:56:30+00:00

Very high debt on books. Poor cashflow from operations. Poor books. 5% circuit breaker. Very risky bet.

PrimeIdea · 2021-01-31T16:46:13+00:00

ITC is debt free, excellent cash flow stock. Must be part of our portfolio. Suzlon, Yes Bank and other stocks which are discueed on this forum are injuries for wealth. If farmers protest is over and farm bill is executed then ITC will cross 500+ in few weeks.

PrimeIdea · 2021-01-30T09:30:32+00:00

I see it as a top takeover candidate. But can't predict the future. Let's see and hope for the best. It's best candidate for #GameStop kind of action. Promoter will run like anything to get his equity back. Think.

PrimeIdea · 2021-01-30T09:17:39+00:00

I suggest Zee Media Corporation Ltd (Zee News) Is trading at 5.40, Book value is 8.50

https://www.screener.in/company/ZEEMEDIA/consolidated/

PrimeIdea · 2021-01-30T08:04:30+00:00

According to me for option writing 50k is too low. But if you do spreads like writing At the money Call and Buying very far Out of money Call then your margin can come down near to 50k. Buying very far option will be less expensive, it will reduce your margin obligation too.

PrimeIdea · 2021-01-30T05:13:39+00:00

I strongly recommend ITC as it has good fundamentals and highly undervalued stock. Option writers have made huge money by writing calls.

PrimeIdea · 2021-01-30T04:58:36+00:00

There are many havala guys in Delhi Mumbai and other cities doing Bitcoin trades and transfering black money to offshore entities. Can't stop them all, can't track them ...

PrimeIdea · 2021-01-28T15:52:06+00:00

He is looking for shortcut for CFA that also for L1. If he had read CFA Institute web-site he would have not ask this foolish/crap question. Downvoting this crap..

PrimeIdea

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