Weekly Newsletter #40
Stock of the Week, Mini Boss, Mark Cuban, Muddy Waters
We don’t have to do anything to be happy. Instead, we need to stop doing what we’re doing that’s making us unhappy! - The Secret
Nifty has given a 700 point move since last week, It remains in Green Zone with reentry above 16750 and stops at 16650 levels
Ditto with Bank Nifty which gave 2000 points over last week. Bank Nifty buy above 36750 levels, with stops at 36550 levels.
Stock of the Week
Godrej Consumer Products - CMP 883, Stops 800 levels
Business area of company
Godrej Consumer Products Limited manufactures personal care, hair care, household care and fabric care products. The Company's products include toilet soaps, cosmetics, shaving creams, talcum powder, household cleaners and fabric detergents.
Products
Soaps and Talc- it has created brands like Cinthol, Fair Glow, Evita, and Vigil. Hair Care- Under this it has introduced various hair colour products such Colour Soft, Anoop, Renew, Godrej Expert and Kesh Kala. Household and Fabric Care- In this segment it has introduced products like Godrej Dish wash, Glossy and Ezee. Rapidol- GCPL acquired South African business Rapidol that has brands like Inecto and Soflene. It had acquired Brian Boyce and Vicki Dryden Wyatt Keyline Brands namely Cuticura, Aapri, Erasmic, Inecto and Nulon.
Option Trade of the Week
Both Adani and HDFC Trades shared in the previius week have doubled .
Last week of expiry since extra margins are required, we can avoid Stock Options and focus on Index trades.
Movie of the Week
Some interesting Reads and Tweets
https://techcrunch.com/2022/07/22/mark-cuban-hasnt-profited-from-his-shark-tank-investments/
Carson Block - Muddy Waters
https://www.bnnbloomberg.ca/a-short-seller-s-life-upended-carson-block-questions-future-1.1792498
Cool Offers and Discounts
Please share your views, feedback, and suggestion in the comments section or you can reach me on Twitter at @bombaylives