Averaging in stock market helps traders to minimize losses and maximize profits by Buying more shares when the prices fall or rise. Know when should we do Averaging?
The Indian banking industry which was dominated by public banks saw the rise of private banks post liberalization. The Indian banking industry today has become a behemoth is the driving force of the Indian economy. The Indian banking family is 12 public banks, 21 private sector banks, 44 foreign banks and 12 Small Finance banks long which is regulated by the apex bank of India- Reserve Bank of India (RBI).
With the mega gains Rivian Automotive has experienced in pre market by adding almost 50% to its price the news has gripped the EV investor community.
RIVN stock has been victim of trading. A single trader purchase $14 call options and $13 call options both set to expire on June 28.
If pre market gains hold and extend even further until the June 28 deadline the profit will multiple.
If Rivian stock currently trading at $16.95 in pre market maintains its upward momentum the holder of options stands to make substantial profits that measure in million from this investment of $16,000.
RIVN stock rise has caused millions of dollars worth of losses to short sellers with high interest of 18.85% in Rivian shares and average coverage of 4.48 days the most of them liquidated.
The high level of short seller activity combined with stock surge could cause a potential short squeeze of RIVN stock pushing its price hike.
The bad performance of RIVN stock since start of 2024 where if lost 43% of its value during past six months there have been only 7 sales for total of 128,945 RIVN shares have been worth over $1 million.
In 1995, the per capita income of India was at $ 500 while in 2023 it reached at $ 2500 and is estimated to reach the $500 level by 2030. As they say health is wealth and that is why we are here today to discuss about the best health care stocks in India to invest with the rise in the purchasing power of the Indian people.
Know in detail about top healthcare stocks in India
Group items tagged 
