in the future - u will be able to do some more stuff here,,,!! like pat catgirl- i mean um yeah... for now u can only see others's posts :c
This World Cup, which stocks get all-out and which one may hit the boundary? ๐๐
Over the next 45 days, 48 exciting matches will captivate fans across the nation. With cricket being India's favorite sport, we're already seeing the buzz, including rising flight and hotel prices.
The Big Show:
๐ The 13th Cricket World Cup features 10 teams and 48 matches in 45 days.
๐ In 2019, the tournament attracted 750 million viewers.
๐ Back in 2011, when India last hosted, a whopping 12 lakh fans attended the matches, with an average of 25,000 per game.
Impact on Spending:
๐ An overall increase in spending is expected but some sectors may win big while others may take a hit.
๐ PVR Inox, Wonderla, Imagicaaworld, Shoppers Stop, Trent, Aditya Birla Fashion, etc. may take the hit as footfalls could decline given half of the weekend days have India matches.
๐ In contrast, food delivery, quick commerce, drinks, media, and online gaming are likely to thrive.
BCCI's Phenomenal Growth:
๐ The Indian Premier League (IPL) has fueled cricket's growth, boosting the BCCI's revenue to an incredible $800 million in FY23.
๐ The BCCI now makes as much money as all other full member countries combined and twice as much as the ICC itself.
Rising Travel Costs:
๐ On India match days, hotel and flight prices have soared by an average of 150-80% compared to the week before.
๐ Some rates have gone as high as 13x-5x their usual prices.
๐ Smaller cities like Dharamsala have no hotel rooms available for several days due to high demand from players, staff, officials, media, and fans.
๐ Airlines are looking to add more flights to handle the surge in travelers, ensuring a successful Q3 for the hospitality industry. ๐๐ฎ๐ณ
#CricketFever #WorldCup2023 #TrendingStocks #stockstowatch #ViratKohli #RohitSharma #cricketworldcup #cricketfacts #zomatostock #irctcstock
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The Gandhian Approach to Investing ๐ก
Truth and self-reliance, among the many philosophies of Mahatma Gandhi, continue to hold relevance in our everyday lives.
But there are a ton of financial lessons and mantras we can learn from the father of the nation.
On that note, a very Happy Gandhi Jayanti to all. ๐ซ
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Did you know this about candlesticks? ๐
Candlestick charts were originated in Japan in 1700s, over 100 years ago before bar or point-and-figure charts, by a Japanese man named Homma.
The candlestick patterns can be divided into:
1๏ธโฃ Continuation Patterns
2๏ธโฃ Bullish Reversal Patterns
3๏ธโฃ Bearish Reversal Patterns
Hereโs a quick glimpse into how to read them:
๐ A daily candlestick chart displays open, high, low, and close prices for the day.
๐ The wide or rectangular part of the candlestick is the "real body," indicating the link between the opening and closing prices.
๐ A filled, black, or red real body represents a bearish candle, signifying a close lower than the open.
๐ An empty, white, or green real body represents a bullish candle, indicating a close higher than the open.
๐ Thin vertical lines above and below the real body are called wicks or shadows, representing the high and low prices of the trading session.
๐ The upper shadow shows the high price and the lower shadow shows the low price reached during the session.
When understanding any candlestick pattern, one should remember that although they are great for quickly predicting trends, they should be used alongside other forms of technical analysis to confirm the overall trend.
๐Learn more about candlesticks and technical analysis with Fisdom Academyโs online courses.
๐ Check out the Link in Pinned Comment! ๐
#candlestickcharts #candlestickpattern #tradingstrategies #candlestickanalysis #futurestrader #futuresandoptions #intradaytradingstrategies #BankNifty #FinNifty #Nifty50
13 - 1
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โจ๏ธWhat ignites their passion for trading
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We at Fisdom have one goal in mind : make your money work for you. We help you become financially aware in a fun, fresh way and aim to make investor education and knowledge a part of Pop Culture.
On this channel you can view and learn from a range of interesting videos - from deep dive masterclasses and conversations to Financial Wisdom in a minute, to billionaire investor philosophy and basic fundamentals.
We also believe technology can change the investment advisory industry by making it more accessible, understandable and quick.
Thatโs why weโre blending cutting edge technology with personalized financial advice.
And we believe our proposition can change the nature of investment advice, making it completely transparent, objective, secure and personal.