Ascentfy Financial Services

Some Major News this Month ·         Crisil slashes DHFL CP rating to ‘default’ ·         Services sector activity growth slips to 12-month low ·         US-China trade war, fragile prices hurt metal sector performance ·         World trade seen having worst year since 2009 as spat worsens ·         Maruti, M&M Cut Production As Auto Sales Fail To Improve ·         No escalation in Geo political tension ·         Good progress of monsoon ·         Crude and Gold higher which are negatively correlated to stock markets. ·         RBI Deputy Governor resignation. This month Nifty Decreased by 133.95 points by -1.12%. Nifty opened at 11953 made high...

RBI’s Financial Stability Report.     The Reserve Bank of India’s Financial Stability Report highlighted consumption slowdown, noting that the domestic economy hit a soft patch recently as private consumption, the key driver of GDP, turned weak. ·        Here are the other highlights of the report: ·        The subdued new investment pipeline and a widening current account deficit have exerted pressure on the fiscal front. ·        Reviving private investment demand remains a key challenge going forward while being vigilant about the spillover from global financial markets. ·        Macro-stress tests suggest gross nonperforming assets may decline from 9.3% in March 2019 in 9.0% March 2020. ·        Bulk of the legacy NPAs already recognised in the banking books. ·        Provision...

BUY MCDOWELL_N ABOVE 590 TGT1-608 TGT2-638 TGT3-676 Closing base SL-553   How to follow our calls & earn maximum profit from our calls 1.        You should always keep the STOP LOSS. In the market only SL will SAVE YOU 2.        When Target1 is ACHIEVED TRAIL your SL to BUY/SELL PRICE. 3.        Subsequently when Target2 is ACHIEVED TRAIL your SL to Target1. 4.        Subsequently when Target3 is ACHIEVED you can book PROFIT or if you want to wait, TRAIL your SL to Target3. WordPress : https://ascentfy.wordpress.com Tradingview: https://in.tradingview.com/u/Ascentfy Join us at our WhatsApp group : https://chat.whatsapp.com/FTPCigwqOd98R8nsCMc2qw Facebook : https://www.facebook.com/Ascentfy-Financial-Services-2022292761411896 Pinterest : https://in.pinterest.com/ascentfy Instagram : https://www.instagram.com/ascentfy_...