Book profits

Book profits in Tata comunications at 262!!!

Intraday calls for 31-10-2013

Markets likely to open Flat,support for nifty at 6180

If markets Turn positive Buy Tata comunications with target of 256 stoploss of 243 { there is a chance for Profit booking}


Ashok leyland can be bought if it shows strength in earlytrade with a target of 17.5 stoploss at 16.5

Positive on Rcom,UPL

Idbi ,sail,wipro are shorting ideas If nifty slips

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

Intraday calls for 30-10-2013

Markets would open higher,support for nifty at 6155

Buy Ongc with target of 292.5 stoploss at 285

pick Dlf at low with target of 152 stoploss at 147.3

Buy Hindalco with target of 11.8 stoploss at 108

Itc,Apollo tyres,Bhel are shorting ideas if nifty slips

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

Intraday calls for 29-10-2013

Markets likely to open flat,support for nifty at 6080

continue to hold renuka sugars

If market remains strong Buy titan with target of 253 stoploss at 244

If market remains strong Buy Tata motors dvr with target of 191 stoploss at 185.5

If Bank nifty falls after Go short on Yes bank with target of 343.3 stoploss at 352

Buy reliance industries with target of 896 with stoploss at 879

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

Intraday calls for 28-10-2013

Markets likely to open flat,support for nifty at 6120,resistance at 6210

If wipro shows strength at initial trade,buy it with target of  486 stoploss at 470

Short Adani ent if it breaks 190 levels ,with target of 187 stoploss at 205

Dabur india can be entered at a dip

Renuka sugars is bullish on charts,buy it at a dip with target of 24 stoploss at 22.5

Syndicate bank is also an shorting idea

If rcom stays weak short it with target of 141 stoploss at 146.5

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

Book profits

Book profits in Bhel  at 136.5 and Adani ports at 151.

Intraday calls for 25-10-2013

Markets would open Flat.support for nifty at 6120

If index weakens short Bhel with target of 137.9 stoploss at 143

If Bank nifty weakens Short karnataka bank at high

Though Risky Adani ports can be shorted at high with target of 152 stoploss at 149

If index recovers Buy Tata motors with target of 383 stoploss at 375

If index recovers ough risky,Buy jsw energy with target of 48.5 stoploss at 46.1

In banking space bullish on federal bank.

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

Book profits

Adani enterprises fired,book profits in it at 215.Cheers!!!!

Intraday calls for 24-10-2013

Markets would open Flat,support for nifty at 6120.

If market remains strong Buy adani ent with target of 202 stoploss 192

Pick Arvind at a dip with target of 105 stoploss at 100

Buy biocon if it breaks 342 in early trade with target of 345


Continue to Hold coal India

Though Risky cipla can be bought if it shows strength with target of 427 stoploss at 414

Buy suntv with target of 429.75 stoploss at 419

Voltas and bhel are shorting ideas

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

Intraday calls for 23-10-2013

Markets likely to open flat,support for nifty at 6120

Buy Tata global with target of 163.4 stoploss at 159

If market remains strong Buy Ntpc with target of 150 stoploss at 146.3

Positive on LIC,if bank index recovers buy Bank of india with target of 178.6 stoploss at 173.5

Bullish on coal india,it can be bought If index remains strong with target of 295 stoploss at 288

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

Intraday calls for 22-10-2013

Markets likely to open flat,resistance for nifty at 6200,if it sustains above 6200 in morning trade,it would close higher,support at 6120


Continue to hold  Adani ports

If index remains strong Buy arvind with target of 105 stoploss at 100

If index remains strong Buy cairn india with target of 334 stoploss at 325

As posted earlier positive on Hindalco,would test 120.2 if index supports

Coal india is also bullish,can be bought for target of 291{ if index supports} stoploss at 284

Positive on lic housing and as posted earlier Nmdc would trade strong

Voltas can also be bought in early trade.

Calls are based on my own analysis,readers are requested to check before entering

Book profits

All targets achieved,Book partial profits.

Intraday calls for 21-10-2013

Markets likely to open flat,support for nifty at 6120,resistance at 6200

If index remains strong Buy ACC with target of 1154 stoploss at 1122.  1164 acts as strong resistance,if broken higher levels are seen

If index remains strong Buy Adani ports at a dip with target of 154.5 stoploss at 149

Continue to hold zeel and Bharti airtel

Continue holding crompton Greaves

Though risky Bhel can be bought if it shows strength in morning trade with target of 149.6 stoploss at 145

Positive on Jp associates

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.

Would be online by 12.

Book profits

All targets achieved,book profits in cairn,crompoton greaves,coal india,Nmdc,sesagoa.Cheers!!!

Intraday calls for 18-10-2013

Markets would open higher,resistance for nifty at 6150

Buy tata global with target of 164 stoploss at 158

if index remains strong buy crompton greaves  with target of 98.2 stoploss at 95

Buy coal india with target of 287 stoploss at 280

Buy cairn india with target of 331.2 stoploss at 324

Continue to hold NMDC

Bullish on Hindalco

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

Intraday calls for 17-10-2013

Markets would remain flat,resistance for nifty at 6150

If index strengthens later go long on DLF with target of 158 stoploss at 148

Positive on NMDC  go long on if nifty supports with target of 131 stoploss at 126

Though risky cipla can be bought with target of 428 stoploss at 418

If nifty weakens bank of india and idfc are shorting ideas

Arvind is also an shorting idea

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. 

Intraday calls for 15-10-2013

Markets would open higher,resistance for nifty at 6186 levels

If markets remain strong,buy coal india with target of 288.5 stoploss at 282

Buy cairn india with target of 325.5 stoploss at 319

Buy adani power with target of 36.8 stoploss at 34.5

Buy Future retail with target of 78.9 stoploss at 75.3

If market weakens later during the day,GSPL ,jindal steel ,Ibrealty and Hul are shorting ideas

Apart from this positive on Arvind

Further calls would be updated during market hours

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

Intraday calls for 14-10-2013

Markets would open a bit lower,support for nifty at 5950

If index weakens further  short apollo tyres with a target of 65.9 stoploss at 69.1

If index recovers later during the day Buy Dish tv with target of 55.2 stoploss at 52.4

 If index weakens short future retail with target of 74.3 stoploss at 77.7

Continue to hold Jp power and Bhel.

Further calls would be updated during market hours.

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

Book profits

Book profits in Adani ports at 150 and in Bharti airtel at 337.Cheers!!

Intraday calls for 11-10-2013

Markets would open higher,resistance for Nifty at 6108

Buy jp power with target of 18.4 stoploss at 17.2

Buy Bhel with target of 149 stoploss at 145

Buy Bharti airtel with target of 336 stoploss at 327

Buy adani ports with target of 148,stoploss 143

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

Intraday calls for 10-10-2013

Markets likely to remain flat,support for nifty at 5955 levels

If market weakens later Short adani enterprise,it has tough resistance at 157.8 and 162 levels better wait for these levels and short

Buy adani power with target of 35.8 stoploss at 33.9

Arvind would open high,wait for a high and can go short it with target of 95.5 stoploss at 97.25

Any highs in Dish tv can be used for shorting if index weakens

Dlf would open highif index supports can test 152 ,tough resistance at 160,add to portfolio if it closes above it

Many scrips would open gap up,would be better not to enter at opening.

Further calls would be updated during market hours.

views are based on my personal analysis,readers are requested to take a call before entering. 

Book profits

Book profits in cairn india, Nmdc,Tata motors dvr,allahabad bank .
Hdfc twins had some call today by brokerages and they are reacting weird.

Intraday calls for 9-10-2013

Markets would remain lower,support for nifty at 5875 levels

Short allahabad bank if bank index weakens with a target of 80 stoploss at 82.8

Bearish on cairn india,can go short at rise with target of 322.9,stoploss at 328

Short Hdfc with target of 780 stoploss 812

Bearish on LIc housing go short if it weakens with target of 201 stoploss at 212

If nifty recovers later pick Ntpc and nmdc.

Positive on tata motors dvr ,if it strenghthens go long with target of 173 stoploss at 169

Further calls would be updated during market hours.

All targets achieved

Almost all targets achieved today.keep booking partial profits.Cheers!!! would update further calls if any

Intraday calls for 8-10-2013

Markets would remain higher,resistance for nifty at 5938 levels.

Buy bank of india with target of 179.5 stoploss at 172

Buy allahabad bank with target of 83.1

Buy Bpcl with target of 356 stoploss at 341

Buy adani ports with a target of 146 ,strong resistance at 147.9 if broken higher levels are seen

Buy adani power with target of 34.2

Buy Hdfc with target of 806 stoploss at 788

Buy tata power with a target of 83 stoploss at 80.5  

More calls would be updated during market hours.

Book profits in hindalco

Target reached in Hindalco both in cash and futures..Book profits in hindalco futures partially at 122. Cheers!!!

Book profits in Dish tv

Another target achieved,book profits in Dish tv at 50.60.Cheers!!! allost every target achieved.

Book partial profits

Another bullish target achieved in bear market.Book partial profits in united phosphorus at 156.5.

Book profits partially in Bhel

Bhel target achieved,book profits partially at 146.Cheers!!!

Intraday calls for 7-10-2013

Markets would open lower,support for nifty at 5840 levels.

If nifty remains weak making lows short Dish tv with a target of 50.5 stoploss at 53.5

If nifty recovers later during the day buy united phosphorus with a target of 156,has tough resistance at 156 levels,if broken higher levels are seen

If index recovers Buy bhel with a target of 146 stoploss at 140

Biocon has tough resistance at 342 levels,if broken higher levels are inevitable

Dlf is also bullish counter,pick it at low.same applies for lic housing finance,if it breaks 209 levels,higher side is inevitable.

Jp associates is also bullish counter,if index recovers buy with target of 38.5 stoploss at 36

Hold exide industries.

Further calls would be updated during market hours.

Interesting stats on banking aspirants

Bank license aspirant	Price as of 1-4-2013	Price as on 4-10-2013
Aditya birla nuvo	984	1261
Idfc	142	93
L&t finance	76	66
Reliance cap	322	329
Lic housing Finance	226	206
JM financial	16	21
Muthhot finance	180	94
Bajaj Finance	780	599
Tourism finance	22	19.65
India infoline	62.4	50.15

The interesting point to note here is of all the banking aspirants only Aditya birla nuvo and Jm financial out performed giving positive results of 28% and 31%. Further if we dive into the issue,aditya birla group chairman Kumar mangalam birla is on board of reserve bank of india for past 6 years which gives a smell that banking license is sure for them.Another company JM financial which saw vikram pandit{ former executive of citi group} picking up significant share in the company is now appointed by Rbi as a member of committee framing blueprints for financial inclusion in the country.

Two more targets achieved

two more targets achieved in afternoon trade,book profits in sesagoa at 192,Book partial profits in hindalco at 119.Almost all targets achieved today.CHEERS!!!!

Book profits

Book profits in ashokleyland,it was being accumulated and was like a lid which was closed,spurted today.Book profits in Tata comunications at 215.

Book partially

Those who are holding ashok leyland futures at 14 can exit partially for now,book with dish tv.
Book partial profits in Chambal fertilizers and hold for further targets.

Book profits

Book partial profits in tata motor dvr at 173.5.Cheers!!!

Intraday calls for 4-10-2013

Markets would remain flat,every chance to slip.resistance for nifty at 5935 levels

If index recovers Buy tata motors dvr with a target of 169 stop loss at 164

If index recovers buy hindalco with target of 117 stoploss at 112.5,sesagoa can also be bought if index recovers with a traget of 192 stoploss at 183

Chambal fertilizers is another bullish counter,one can go long if it strengthens with a target of 37.5 stoploss at 35.7

If index remains weak short adani power with a target of 32.2 sl at 34.3

Indiabulls real estate is also an shorting idea.

My previous calls tata com and cairn would trade strong

Further calls would be updated during market hours. 

All Bullish targets achieved

Glad to see today all bullish targets achieved,i gave a buy call on cairn yesterday however it was struggling bad but today it has beaten the desk giving wonderful returns,was surprised to see huge spurt in bajaj auto,though i was bullish but exited the counter very soon,a buy on crompton greaves was another masterpeice.Hope many booked profits today.Good luck,stay wealthy stay precious!!

Book profits

Targets achieved.Book profits in crompton greaves at 89.8 and in Bajaj auto at 2080. CHEERS.

Intraday calls for 3-10-2013

Markets would open slightly higher and remain flat later during the day,resistance for nifty at 5824 levels.

Buy Bharti airtel with abtarget of 326.7 stoploss at 317

Buy Bajaj auto with a target of 2040 stoploss at 1996

Buy crompton greaves with a target of 89 stoploss at 85.6

If nifty weakens later adani power and tata power are shorting ideas.

As posted earlier Tata comunications would trade strong,it has news flow of selling its african subsidary.

Risky traders can intiate short positions in ACC,if nifty weakens with a target of 1081 stop loss at 1123,if it breaks 1077 lower levels are seen

Cairn is a hold for now.

Aditya birla nuvo failed to close above resistance of 1254,it is technically shorting idea.

Further calls would be updated during market hours.
Would be online by 11

Can aviation sector ever give a multibagger for market

Aviation  stocks are always a nightmare for long term investors,indian aviation sector has never seen a profitable company other than indigo airlines,however it is not listed on bourses. But a close view towards aviation scrips reveal something interesting, they are more cyclical stocks,they crash suddenly,rise again,get hammered in small span of time,this provides an opportunity for short term trading play.The most negative factors for aviation companies is High aviation turbine fuel costs,poor infrastructure, high taxes,as long as these factors play role we cant expect aviation scrips to outperform,But the point here one should consider is due to exit of kingfisher airlines other players have picked kingfishers market share and it would reflect in the other players financial statements. The recent UPA governments move to allow 49% fdi raised curtains for loss making airlines to invite foreign big players to invest in their companies,Till now two deals have come through,one is tata-airasia-telestra and jet-etihad.
The operating margins of airlines were on stress continuously due to weaker rupee,as they need to imports of aviation turbine fuel,apart from this states tax are also heavy,but as rupee seen stabilizing in near term there can be a slight up move in aviation scrips,however things are not going to be better in a hurry.But there is some optimism going around this sector,traditionally air traffic seen picking up in later quarter of the year.Many airlines have recently increased the fares which is taken on a positive note by the market,there are only two options left for investors in airlines sector after crash of kingfisher i.e jet and spice jet,industry says there are speculative investments in jet and spice jet,but taking into consideration recent fdi acceptance and chance of any deal striking with equal probability of increasing fares further provides investor to go for a short term play.

Gold Financing Companies,Is it Time To invest??

Manappuram and Muthoot Finance are two comapnies which positioned themselves as strong performers in Gold loan business,infact it is great achievement in Indian markets where people are addicted to traditional method of taking loans with goldsmiths.Recent guidelines of Reserve bank of India would have a negative impact on these companies as it would lead to pressure on their operating margins,so in the near term these regulations will have negative impact on their performance. while the loan-to-value (LTV) ratio will restrict growth in assets under management of these companies,stricter KYC norms like pan card for loan over 5 lakhs would turn borrowers again to un organised lenders for their credit needs. The business model of gold loan companies was centered on higher ltv and quick turn around time.These guidelines would impact both and would lead to decline in their loan portfolios. since interest rates on lower LTV loans are lower and operating expenses of gold loan non banking finance companies are fixed in nature,the decline in profitability would be higher than decline in loan book,so these stocks are being hammered now and would underperform for some more sessions.while the RBI had earlier capped LTV for goldloans to 60 %,it has standardised the method to calculate gold value. companies will now have to take the average price of 22k gold in line with bombay bullion association to arrive at the value of gold. The rbi also said the making charges cannot be included in LTV. this becomes important as most gold financiers include making charges in LTV and take up their  effective ltv ratios to 70 percent. This will result in lower yeilds.Muthhot and manappuram may loose to competitors specially from the unorganised segment. since gold loan companies charge 22-24% interest rates and banks 13-15%,the differential will now narrow. The rbi has also mandated prior approval for opening more than 1000 branches and to have appropriate facilities for gold storage,however muthoot and manapuram has more than 1000 branches so this norm would  have no impact,.however rbi will have direct expansion of these players in the longer run. verification of gold ownership for over 20g and cheque disbursement of loans over 100000 will also reduce the competitiveness of gold financiers and increase their paper work.

Is It Time To Invest Across The Globe??

 Global funds are a way to diversify ones portfolio, one can invest in global funds with the time horizon of three-five years. Global funds like Franklin US opportunities gave returns of around 41%, ICICI  US prudential US bluechip equity gave returns of 38% and Dsp blackrock US flexible equity gave 36%. Investors in global  funds are seeing strong double-digit gains on their investments as the rupee has weakened considerably against the dollar. global funds give diversification and participation in equity assets in foreign countries. This diversifies the geographical risk of investing only in rupees as investors get exposure in dollars.,thus investors are not only investing but hedging their risk if rupee falls.. Investing 15-20% of your portfolio in these is a good way to diversify,over one lat year indian markets have stopped giving returns for long term investors,diversifying in other economy helps the portfolio to make money. These also give exposure to themes such as global agriculture or south american equity  or equity exposure of US markets,This year many fund houses filed offer document to securities and exchange board of india to launch global schemes. Analysts say ideally one should invest in dollar denominated funds that invest in equity assets overseas,however global funds should not exceed 15% of the portfolio. However these funds can also be used to hedge against currency risk for goals such as education abroad. This is a good way to hedge for goals like saving for childs foreign education down the line. But you need to have a long term view of atleast five years when you link investments in global funds for goals like  foreign education as timing currency movement is very difficult.

Book profits

Book partial profits in sesagoa and aurobindo pharma,those who entered cairn at low levels can book partially at 319.5,it has facing resistance at 320.4 levels,ashok is hold for now,book partially on adani power.

Intraday calls for 1-10-2013

Markets would open higher and remain flat later during the day,resistance for nifty at 5805.

Buy cairn india with a target of 320.8 stop loss at 315

Buy ashok leyland with a target of 15.50,15.70 stop loss at 14.60

Continue to hold biocon it has resistance at 340.5 levels,if broken higher levels are seen.

If nifty weakens later during the day short adani power on rise with a target of 31.5 stoploss at 33.4

if index weakens rpower can be shorted with a target of 66.5 stoplos at 70.20. apart from this sesa goa,tata motors wil be hammered if index weakens.

Auropharma and united phosphorus are bullish counters.

as mentioned in the previous posts aditya birla nuvo is a bullish conter,one can enter it at a dip

Further calls would be updated during market hours.
It is advised to trade with strict stop loss