EPS is earnings per share
When you divide the total net profits by the total number of shares = you get EPS
Usually, the total number of shares does not go up that frequently (so the denominator remains constant), whereas profits go up or down.
If the EPS = 5, it means you will get Rs5 per every share you hold in that company
see RED highlighted box, it shows the EPS of icici bank
We had a relatively stable trading day today, bank nifty was nicely held between the adjacent support & resistance levels. But the opening moves were quite scary. Bank nifty opened inline at 39983 and started falling pretty quickly, we took the 1st support 39839 by 09.35 and the next major support of 39742 by 09.45….
BN opened at 38516 gap up, within the 2nd candle it broke the first resistance of 38699, however spent time around it till 10.40. The surge up was not arrested till the next resistance of 39330 was hit at 13.50. Again BN spent time till 14.40 around this level before breaking out again and closing…
In the last few chapters, we discussed diversification & how it is getting measured. If you have not read those chapters, please do so. In the current chapter, we will discuss the standard deviation. The definition is the amount of dispersion of the measured instrument from its mean, but to explain it in detail we…
Nifty Analysis Recap from yesterday: “The levels have not changed from yesterday, the first resistance is at 19226 and the 2nd one is at 19310. I am staying neutral till 19226 is not taken out, seems like it could be even done in the forenoon session.” The gap-up took out my resistance of 19226 and…
Nifty Weekly Analysis You may not believe that Nifty has added 444pts ~ 2.31% between the last expiry and today. The bulk of the moves came on 1st Sep and then today. On the weekly timeframe Nifty just broke out from the bullish flag consolidation formation signaling further fire power ahead. Will the global markets…
Nifty Analysis Yesterday we went with a 60% Neutral and 40% bearish stance for today. What happened from open till 13.15 — was in perfect harmony & as per the script. But the intraday rally of 177pts ~ 0.91% was totally shocking! I was unprepared, unplanned and must say ran into losses today because of my bias….
