Friday 29 November 2013

Intraday calls for 29-11-2013

Markets likely to open Flat,support for nifty at 5980,resistance at 6120

No specific Intraday calls for today.

Can continue Holding crompton Greaves and Aurobindo Pharma.

Thursday 28 November 2013

Intraday calls for 28-11-2013

Markets likely to Open Higher,resistance for nifty at 6090

If market remains strong Buy voltas with target of 101 stoploss at 96

Continue to Hold crompton greaves with further target of 121 stoploss at 117

Bpcl can be picked at low

Buy Jsw steel with target of 926 stoploss at 909

Calls are purely based on my own analysis readers are requested to take  a call before enetering.

Wednesday 27 November 2013

Book profits

Book profits in Biocon at 379.5. cheers

Book partial profits in Dish Tv

Traders who shorted Dish tv Yesterday can book partially now at 50.45. Cheers!!

Intraday calls for 27-11-2013

Markets likely to open Flat,support for nifty at 5980

If market remains strong Buy Biocon with target of  375 stoploss at 368

Arvind can be shorted at high  levels

Continue to hold shorts inn coal india

Bullish on Dlf

Cromptong greaves can be bought with target of 121

Tuesday 26 November 2013

Intraday calls for 26-11-2013

Markets likely to open lower,support for nifty at 6080

If Market remains strong Buy Adani Enterprises with target of 259 stoploss at 252

Pick Dlf at lower levels with target of 150 stoploss at 142

Cipla,Coal india are shorting ideas.dish tv is also weak

Calls are purely based on my own analysis,readers are requested to  take a call before entering.

Monday 25 November 2013

Book profits

Book profits in Appollo tyres at 78 and Book partially in Dabur at 166. Cheers

Intraday calls for 25-11-2013

Markets likely to open Higher,Resistance for nifty at 6100

Buy Apollo Tyres with Target of 78 stoploss at 75

IF index remains strong go long on Arvind with target of 126.9 stoploss at 123

Buy Dabur with target of 163 stoploss at 159.5

Coal India,cipla can be shorted at highs,they are shorting ideas

Calls are purely based on my own analysis,readers are requested to take call before entering

Friday 22 November 2013

Book Profits

Book profits in Aurobindo Pharma at 280,Book profits in Bharti airtel at 345.

Intraday calls for 22-11-2013

Markets likely to open Flat,support for nifty at 5940 levels

Hold Shorts in Ambuja cements,if nifty slips it would test further lower levels

If nifty remains weak Short Apollo tyres with target of 74 stoploss at 77.3

If nifty recovers Buy aurobindo Pharma with target of 278.5 stoploss at 273.5

Bharti airtel can be picked at lower levels

Calls are purely based on my own analysis,readers are requested to take a call before entering.

Thursday 21 November 2013

Intraday calls for 21-11-2013

Markets likely to open Flat,support for nifty at 6120

If market remains strong Buy Nmdc with target of 133.6 stoploss at 128

Rpower can be picked up at low with target  of  73.8 stoploss at 71.1

Dlf also can be picked up at low,with target of 153

Calls are purely based on my own analysis readers are requested to take a call before entering.

Wednesday 20 November 2013

Intraday calls for 201-11-2013

Markets likely to Open Flat,support for Nifty at 6130

If market Remains strong Buy Cairn India with target of  323.5 stoploss at 317.5

Continue To hold Arvind,it is supposed to make new highs.

Continue Holding Indiabulls real estate with further Target of 73.7 stoploss at 69.6

Dlf can be picked up at lower levels

Calls are purely based on my own analysis,readers are requested to take a call before entering.

Tuesday 19 November 2013

Book profits

Book partial profits in Adani ports at 157,Book partially in Bharti Airtel at 352. Cheers!!!

Intraday calls for 19-11-2013

Markets likely to open flat,support for nifty at 6130

If market remains strong Following scrips can be entered

Buy Adani ports at a Dip with target of 157 stoploss at 151

Ambuja cements would trade strong Further

Auro Pharma Can be shorted if It shows weakness in Early trade

Continue to Hold Bharti Airtel with target of 347 stoploss at 340

Both Cipla and Coal India are shorting Ideas

Calls are purely based on my own analysis,readers are requested to take a call before entering.

Monday 18 November 2013

Book Profits

All targets achieved,Book profits in Adani ports at 157,book profits in apollo tyres at 73.7, book profits in Arvind at 125, Book profits in Airtel at 346, Book profits In Indiabulls Real estate at 71.
Book profits in Cairn India at 322,Book partially in Rpower at 72.7.

CHEERS!!

Intraday calls for 18-11-2013

Markets likely to open slightly higher,Resistance for nifty at 6120

If markets remain strong Buy Adani ports with target og 154.5 stoploss at 148

Continue holding Ambuja with target of 178 stoploss at 175

Buy Appollo tyres with target of 73.6 stoploss at 71

Continue to Hold arvind

Buy Bharti Airtel with target of 344 stoploss at 337

Continue to Hold Indiabulls Real estate.

Buy cairn with target of 321.7 stoploss at 314

Bullish on Rpower

Calls are purely based on my own analysis,readers are requested to take a call before entering.

Sunday 17 November 2013

Weekly Round up

Stubborn inflationary pressures continue to prevail as WPI inflation for the month of October 2013 rose to 7% from 6.46%. in September 2013. This is the fifth consecutive rise on monthly basis although on yearly basis WPI inflation decreased by 32 basis points,as in October 2012 it was at 7.32%.

Primary articles Inflation stood at 14.6% as compared to 13.54% in previous month.Food inflation declined to 18.19% over previous month reading of 18.40% but slightly higher than 6.72% for the same month in previous year.Food inflation was again largely driven by Onion prices which continue to bring tears to consumers eyes.onion inflation stood at 278.21% while vegetable inflation stood at 78.38%.

Crude oil prices is last two months have come down from $115 per barrel to around 107 per Barel and rupee also recoverd from all time low.The major cause of concern is rise in core inflation as it is the indicator for Rbi policy.

Friday 15 November 2013

Capital Goods: Is worst over?

Capital goods sector have been worst Performer since last two years,Though we have seen Nifty making Life time  Highs,capital goods companies still Find them abandoned. These scrips have been beaten down Badly,and are available at appealing Valuations. When Bse sensex is compared with capital goods index,we find that this sector has under performed,metal and power stocks have given negative returns even when the overall index gained.Stocks like Jindal steel,Bhel, Gail has given negative returns and coal India also falls in this category.
The rally which we have seen has been more or less concentrated on few scrips which were having some or the other link to forex gains in one or the other way,foreign investors who are considered to be informed investors are buying into only those companies.one such example can be Arvind which has rallied quiet a lot,as it is beneficiary of rupee depreciation. Retail investors only considered IT companies as beneficiary and only restricted themselves to that sector but now people are turning into export driven companies which got Benifited through currency woes.
Some scrips in capital goods indrustry look promising like Bhel, ABB, Engineers India,These stocks never Participated in rally,so if we can expect it to be active once the government change is conformed or IIP data picks up,so these scrips though are shorting ideas,one can accumulate at significant dips or in a correction with 1-2 years view with expected returns of atleast 30-40%.

Thursday 14 November 2013

All targets achieved

ALL targets achieved. Book profits in Indiabulls real estate at 69,book profit in apollo tyres at 72,Book profits in Adani ent at 239,Book profits in Ambuja at 177.5.
CHEERS!!

Intraday calls for 14-11-2013

Markets would open Higher,support for nifty at 5950

Pick Adani Ent at low with target of 234 stoploss at 224

Hold Ambuja cements with target of 177.6 stoploss at 172

Buy Apollo tyres with target of 72 stoploss at 67

As posted earlier Arvind would trade strong

If index slips short crompton greaves with target of 100 stoploss at 109

Buy Indiabulls real estate with target of 67.6 stoploss at 62

Readers are requested to take acall before entering

Wednesday 13 November 2013

Book profits

BOOK profits in ambuja at 176.6. cheers!!!!!!!

Book profits

Book profits in asian paints at 519.Cheers!!

Intraday calls for 13-11-2013

Markets would open lower,support for nifty at 5950

Buy Ambuja cements with target of 174 stoploss at 171

Short asian paints if it breaks 528 with target of 524 stoploss at 537

Buy cairn with target of 323.6 stoploss at 317

Hindalco can be bought at low levels

Calls are purely based on my own analysis,readers are requested to take a call before entering

Tuesday 12 November 2013

Book Prtial profits

Book partial profits in Adani ports,cairn India, and arvind. Cheers!!!

Intraday calls for 12-11-2013

Markets would open slightly higher,support for nifty at 6030

Buy Arvind with target of 116 stoploss at 109

Buy Adani ports at a dip with target of 151.6 stoploss at 147

Pick cairn india at dip with target of 321.8 stoploss at 314

Short Bharti at High

Calls are purely based on my own analysis,readers are requested to take a call before entering

Monday 11 November 2013

Book profits

Book profits in Adani ent and apollo tyres.Cheers!!!

Intraday calls for 11-11--2013

Markets likely to open Flat,support for nifty at 6080

If  index supports Buy Adani ent with target of 219.6 stoploss at 209

Buy Adani power with target of 35.9 stoploss at 34.35

Keep a stop at 91.05 for Allahabad bank and go long if Bank nifty strengthens

Buy Apollo tyres with target of 73 stoploss at 69.8

As posted earlier Bullish on Biocon and Hindalco

Buy sesa sterlite at low with target of 202.6 stoploss at 197

Calls are purely based on my own analysis ,readers are requested to take a call before entering.


Friday 8 November 2013

Book profits

Book profits in aurobindo Pharma at 263,book Partially in Adani ports at 151.

Intraday calls for 8-11-2013

Markets likely to open Flat,support for nifty at 6170

Buy Aditya birla nuvo with target of 1242 stoploss at 1220

If market recovers Buy Adani ports at low with target of 150 stoploss at 145

Aurobindo pharma can also be picked up at low

Bharti artel and apollo tyres are shorting ideas

Further calls would be updated during market hours

Calls are purely based on my own analysis,readers are requested to take a call before entering

Thursday 7 November 2013

Intraday calls for 7-11-2013

Markets likely to open Flat,support for nifty at 6180

If markets remain strong Pick Biocon at low with target of 375

Coal india can be bought if it shows strength in early trade with target of 302 stoploss at 292

Asian paints can also be picked at low


Calls are purely based on my own analysis,readers are requested to take a call before entering.

Wednesday 6 November 2013

Intraday calls for 6-11-2013

Markets likely to open Flat,support for nifty at 6180

Buy Uco bank with target of 77 stoploss at 73

Buy Idfc with target of 116 stoploss at 108

Itc can be picked at low

Further calls would be updated during market hours

Calls are purely based on my own analysis,readers are requested to take call before entering.

Monday 4 November 2013

Intraday calls for 5-11-2013

Markets likely to open Flat support for nifty at 6290 levels.

If Markets remain positive buy ITC with target of 333 stoploss at 327

If markets remain strong Buy Jindal steel with target of 254 stoploss at 246

In Banking space Union bank and syndicate bank are good bets if bank index strengthens.

If nifty slips,Bhel,Bank of Baroda are shorting ideas.

calls are purely based on my own analysis,readers are requested to take a call before entering.

Sunday 3 November 2013

Muhurat Trading picks

Generally people Buy stocks on this auspicious day expecting good returns in the next one year.

Below are my picks:

Reliance industries with target of 1150

Sun pharma with target of 770

icici bank with target of 1250

Aditya birla nuvo with target of 1700

United Phosphorus with target of 195

How come Private banks posted Good quarter 2 numbers despite of Rupee woes

Because of rupee depreciation every one had sell call on banks and as a result Bank index touched lows which gave a opinion that good days for banks are gone and everyone took short positions,but to surprise Bank index started moving up and some banks even posted good numbers,how did it happen?? here goes the story. As one-off measure the reserve bank of india had allowed banks to move statuatory liquidity ratio {slr} securities such as government and corporate bonds,to the hold-till-maturity{HTM} from the availablefor sale/held for trading {AFS/HFT} categories. And gave them option to spread their mark-to-market losses {MTM,writting down assets on the basis of current values} on these securities over the next three or seven quarters ,thereby minimising the impact on their financials.The move was to enable banks to avoid huge losses on their AFS portfolio,as yeilds have shot up and as a result bond prices had fallen. Compared to a 7.439 per cent yeild to maturity on the 10 year government bond on june 28 the yeild has risen to 8.234 per cent at the end of the september quarter,it is still at those eleveted levels. Banks are required to provide for decline in the value of bonds held under AFS/HFT categories and vice-versa. Had Rbi not permitted banks,the MTM provisions that banks would have to take would have been huge. Experts say a 100 basis points rise in government bond yeild will lead to 33000 crore MTM  provision in a quarter,almost double the first quarter profit of all banks put together ( 19849 crore) or close the half the yearly profit of 2012-13 ( 77045 crore)
Most privtate banks have charged the entire losses to their profit and loss acount,yes bank was least affected with the slr portfolio with only 0.33 crore of loss.
Icici bank said it had made MTM provisions of 289 crore on its investment portfolio and also not availed the option permitted by rbi of recognising these over three quarters,the trabsfer to HTM category is also limited.
Kotak mahindra bank has said it has not transfered any slr securityfrom AFS or HFT to HTM ,it however has choosen to amortise the losses,which has helped in minimising the impact on financials.Two other Indusind bank and Federal bank have also choosen to amortise the losses on their AFS/HFT  portfolio over the next few quarters.Thus most private Banks did better than expected on this lines.

Friday 1 November 2013

Intraday calls for 1-11-2013

Markets likely to open flat,support for nifty at 6180

If market remains strong Buy Bank Of india with target of 215 stoploss at 201

Buy Ongc with target of 296 stoploss at 289

Pick tata global at low with target of 166,stoploss at 160

Calls are purely based on my own analysis,readers are requested to take a call before entering.