Tuesday 31 December 2013

Intraday calls for 31-12-2013

Markets likely To open Flat,support for nifty at 6240

If markets slide Short adani ports for the target of 155.5 stoploss at 159.6

Pick Adani power at dips

Continue to hold apollo tyres

If index supports Buy Coal India with target of 291.8 stoploss at 286

If index slips short Dlf for further target of 163.5 stop at 169

continue holding Sail and tata global

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

Monday 30 December 2013

Intraday calls for 30-12-2013

Markets likely to open Flat,support for nifty at 6240

If markets remain strong Buy Apollo tyres (Continue Holding) with target of 103 stoploss at 97.5

If markets remain strong Buy Hexaware Technologies with target of 133.5 stoploss at 127

Continue Holding Idea Cellular

Arvind Is an shorting idea

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

Thursday 26 December 2013

Intraday calls for 26-12-2013

Markets likely To Open Flat,support for nifty at 6240

If index remains strong Buy Future retail with target of 75 stoploss at 72

If index remains strong Buy Tata global with target of  159 stoploss at 155

Continue holding all my previous picks.

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

Tuesday 24 December 2013

Intraday calls for 24-12-2013

Markets likely to Open Flat,support for nifty at 6250.

Continue Holding all My Previous calls { Last 3 sessions} including Crompton greaves, Arvind, Biocon,.

They all are Bullish,if index supports they would move higher.

If market remains strong Buy Hindalco with target of 125.5 stoploss at 118 { pick at dip}

Though Risky Idea cellullar can be bought with target of 174 if nifty supports,with stoploss at 167.3

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

Monday 23 December 2013

All Targets achieved.

All targets achieved,Book partial profits in Arvind at 130.5.

Book Partially in crompton Greaves at 132.85

Book partially In Biocon at 445

Book partially in Tata Global at 156

All the given calls hold good for next two days also,so book only partial profits.

CHEERS!!!

Intraday calls for 23-12-2013

Markets likely to Open Flat,support for nifty at 6250

If market Remains strong Buy Arvind With target of 128.5 stoploss at 124 {Pick at dip,risky call}

If market Remains strong Buy Biocon with target of 443 stoploss at 427

Pick Bharti airtel at a dip.

Continue hgolding all my previous calls including Sail,crompton greaves.

Bullish On Tata Global.Asian paints,Nmdc are shorting ideas,if index slips

Calls are purely based on my own analysis,readers are requesyedto take acall before entering.


Sunday 22 December 2013

Performance of short term Picks given By this blog in mid september 2013

Dear readers,this blog has given Buy on larsen and tourbo on september 15 ( closing price : 828) for short term and present price is 1061.

Also given a Buy on Amararaja batteries (closing price 299 on September 15) ,now currently trading at 360.80.

One can clearly check on archives on blog in september posts For Proofs.

Tremendous returns in 90 days.

Stocks That are worth Investing For short term

Dhunseri Petrochem and tea

This stock is trading at cheap valuation considering its future prospectus and its competitors,Recent crisil Report says its fair value is above 185,it has assigned a Crisil Ier fundamental grade of 3 out of 5,being a dominant pet player with large capacity,Dhunseri is well able to cater to the increase in demand for PET.Its upcoming TPA greenfeild polant in negypt would offer locational advantage due to proximity to end markets and raw material sources.Dhunseri derives locational benifits from its plants in Haldia,However the current over supply of pet,forex risk and social unrest and poltical instability in Egypt are key risks,Revenues are expected to grow at two  year CAGR of 66 percent to 6750 crore in Fy15.

Dabur India

one pick among Fmcg which has not truly participated in rally,it was range bound till now from 160-195,giving chance for swing traders,but scenario seems changing for dabur abid strong volumes and its performance financially.Many brokerages say volume growth o Dabur is best among industry which is 10% from the past few quarters (consistant),margin expansion is also worth noticing with Good operating margins adding to operating profits.Dabur is religares prefered mid cap consumer staples pick,key risks remain further slowdown in consumption and input cost with inflation.

Petronet LNG

petronet lng stock price implies that the kochi terminal would have perpetual utilisation of less than 50 percent,owing to a lack of pipeline connectivity,Given Indias huge gas deficit and LNG's competitiveness,the pipeline issue would likely to be resolved over the next 18-24 months.Concerns on Lng demand are also over-blown,as lng cost is 11-25% lower than alternative liquid fuels for industrial consumers.Though near term volume growth is likely to be muted,analysts expect 16% volume CAGR  in Fy16-20.

Friday 20 December 2013

Book Partial Profits

From last week almost every day i was mentioning SAIL in my calls,today it has given break out,those who entered at 68 levels can book partially now.CHEERS!!!

Book Partial Profits

Book Partial profits in Tata Comunications at 284.9.Cheers!!!

Intraday calls for 20-12-2013

Markets likely to Open Flat,support for nifty at 6130

If market Recovers later during the day Buy Tata Comunications with target of 284 stoploss at 273

Continue Holding crompton Greaves And Sail and Apollo.

If Adani Ports breaks 172,go long with target of 177 stoploss at 164

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


Thursday 19 December 2013

Intraday calls for 19-12-2013

Markets likely to open Higher.resistance for nifty at 6260

Buy icici bank with target of 1104 sl at 1076

Buy voltas with target of 119  sl at 114

Buy crompton greaves with target of 133 sl at 128

Bullish on tata power,sail,rpower

Wednesday 18 December 2013

Book partial profits

Book partial Profits in Larsen at 1080,Book partially in Bharti airtel at 331.5. CHEERS!!

Intraday calls for 18-12-2013

Markets likely to open Flat,support for nifty at 6140,resistance at 6250

Buy Larsen at a dip with target of 1078 stoploss at 1051

Buy Bharti with target of 331,stoploss at 322

Continue holding all my previous picks including Sail.

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

Tuesday 17 December 2013

Intraday calls for 16-12-2013

Markets likely to open flat,and trade on a positive note,resistance for nifty at 6250

Continue holding Sail as mentioned in previous posts.

Buy Coal India with target of 289 stoploss at 283.8

Continue holding Apollo tyres for further target of 86,stoploss at 82.

Ambuja cements is an shorting idea if index turns red.

This blog has given Buy On Aurobindo pharma and sesa sterlite in last week,both have given breakouts,pick them at dips.

Bullish On Tata power and Zeel

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

Monday 16 December 2013

Book profits

Book partial profits in Aurobindo Pharma at 336.CHEERS!!!!

Intraday calls for 16-12-2013

Markets likely to open flat,support for nifty at 6100

If market Recovers later during the day,Buy Aurobindo Pharma with target of 314.5, stoploss at 306

If market Recovers later during the day Buy Apollo tyres with target of 83 stoploss at 80.25

If markets move further down,short Ambuja cements with target of 177.6 stoploss at 182

Future retail is also an shorting idea

All my Bullish previous week picks can be entered at dips excluding Banking scrips.

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

Friday 13 December 2013

Intraday calls for 13-12-2013

Markets likely to open lower,support for nifty at 6170.

If market recovers later during the Buy Idea cellular with target of 175 stoploss 167

Dlf  is an shorting idea,with target of 152 stoploss 159

Continue holding all my previous picks

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

Thursday 12 December 2013

Intraday calls for 12-12-2013

Markets likely to Open Flat ,support for nifty at 6270

If nifty recovers Buy Allahabad Bank with target of 97 stoploss at 94

If index recovers Buy Cairn India with target of 329 stoploss at 324

Apart from these hold Pick yesterdays calls at low

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

Wednesday 11 December 2013

Intraday calls for 11-12-2013

Markets likely to Open lower,support for nifty at 6280

Buy Apollo tyres with target of 83.5 stoploss at 80

Buy SAIL with target of 73 stoploss at 70

Buy Voltas with target of 127 stoploss at 120

Apart from these bullish on Biocon and Allahabad bank.

Lic housing is an shorting idea

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

Some of the above mentioned calls are for next few sessions,so one can pick at lows.

Tuesday 10 December 2013

Intraday calls for 10-12-2013

Markets likely to open Flat,support for nifty at 6340

If markets remain strong Buy Ambuja cements with target of 196 stoploss at 189

If markets remain strong Buy Amararaja batteries with target of 353 stoploss at 344

If market remains strong Buy sesagoa with target of 194.5 stoploss at 187

Arvind is an shorting idea

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

Monday 9 December 2013

Intraday calls for 9-12-2013

Markets likely to Open gap up,No resistance for today

Buy Adani enterprises with target of 279 stoploss at 269

Buy Adani Ports with target of 166.5 stoploss at 159.7

Bullish on crompton greaves,tata power,coal india.

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

Friday 6 December 2013

Intraday calls for 6-12-2013

Markets would open Flat,support for nifty at 6260

If market Remains strong Buy Coal India with target of 284 stoploss at 265

Continue to hold Crompton Greaves with further targets of 129,130

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

Thursday 5 December 2013

Intraday calls for 5-12-2013

Markets would Open Higher,resistance for nifty at 6260

Buy Crompton Greaves with target of 125,stoploss at 120.5

Buy Adani Enterprises with target of  272 stoploss at 262

Buy Mcleod Russel with target of 301 stoploss at 292

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

Wednesday 4 December 2013

Intraday calls for 4-12-2013

Markets likely to open Lower,support for nifty at 6180


If market turns positive,Buy Hindalco with target of 127 stoploss at 119.8

My previous calls Crompton Greaves and Aurobindo Pharma would trade strong.

Continue to Hold shorts in coal India

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

Tuesday 3 December 2013

Intraday calls for 3-12-2013

Markets likely to open Flat,support for nifty at 6180

If markets remain strong Buy Zee entertainment Enterprises with target of 273 stoploss at 263

If index weakens Short Dish tv with target of 54 stoploss at  56.40

As mentioned from past few days,continue to hold shorts in Coal India

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

Asian paints look weak,one can go short if index weakens,Further Arvind would trade strong.

Monday 2 December 2013

Book Partial Profits

Book partial profits in Arvind at 131.Cheers!!!

Intraday calls for 2-12-2013

Markets likely to open Flat,resistance for nifty at 6190

If index remains strong Buy Ambuja cements with target of 188.2 stoploss at 182

If index remains strong Buy Arvind with target of 129 stoploss at 124

If index weakens,short Asian paints with target of 499 stoploss at 508

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

Further as am mentioning from past fortnight coal india is shorting idea.

Sunday 1 December 2013

Zero Risk Derivative Strategy Applied During Stake sale In PSU'S

Traders are Gearing for making quick money from possible arbitrage opportunities coming in the share sales of Public sector Units like Power Grid corporation and Indian Oil corporation,the government which has set disinvestment target of 40000 crore for the current financial year,is expected to sell its stake in two public sector undertakings.Traders are aiming to benifit from the difference between the current market price of these two stocks and their expected price in Follow on Public offer,for this traders are building short positions by selling their December futures contracts in anticipation that the issue pricing will be lower than the current market price,the powergrid band is already fixed at 85-90 per share,while that of IOCL can be 190 per share which is around 5% discount to the market price.Typically traders build short positions in disinvestment candiates ahead of their stake sales and cover their positions by applying in share sale,its an zero risk strategy which involves selling the stock in futures market at a higher price and then applying in the public issue at a lower price.Good number of short positions have alrady been build up in power grid corporation where futures is already trading at discount.

There is something refered as stock lending and borrowing mechanism-a shareholder usually a longterm one lends his idle shares to a trader who wants to short sell the stock for fee,a short seller shorts the stock and waits for it to slide,if the shares fall,short seller buys back these and returns these to lender,the profit for short seller is the difference in prices at which he sells and buys back,at the time of NTPC stake sale,the price of borrowing ntpc rose 41% which was record high.

In the past traders have used different trading strategies to profit from OFS,the most common was selling the securities in the cash market on the OFS day and making the payout through shares brought through bidding,this is possible as trader under OFS are settled on the next day (T+1),ehile security pay out of short sold ones takes place at  T+2 basis,this strategy was sucessful one in HINDUSTHAN COPPER  OFS where traders recorded a spread about 40%,However there is a risk,if shares do not get alloted they will be caught,as the two previous government share sales in NMDC and OIL INDIA saw huge subscriptions,this strategy went wrong who didnt record allotment,most trading strategies for an OFS are subject to allotment risks,but given large size of Power grid and coal india  issue,the probability of getting allotment is higher.