Showing posts with label Stock Tips. Show all posts

Sensex up 78 points; capital goods, metal stocks shine

The Sensex and the Nifty were trading marginally in the green in the absence of directional cues. 

At 11.15 a.m., the 30-share BSE index Sensex was up 77.88 points or 0.34 per cent at 22,706.72 and the 50-share NSE index Nifty was up 21.5 points or 0.32 per cent at 6,800.90. 

Barring IT, TECk and FMCG, all other BSE sectoral indices were trading in the green. Among them, capital goods and metal indices gained the most by 2.04 per cent, 1.35 per cent, respectively, followed by auto 0.98 per cent and consumer durables 0.86 per cent. On the other hand, IT index was down 0.55 per cent, followed by TECk 0.24 per cent and FMCG 0.1 per cent. 

BHEL, L&T, SSLT, Maruti and Hindalco were the top five Sensex gainers, while the major losers were Wipro, HUL, HDFC and Infosys. 

Thin trading was witnessed in the Asian markets as several markets remained closed for the Easter holiday. Also, investors remained subdued due to tensions in Ukraine. 

Tensions in Ukraine, signs of slowing growth in China and uncertainty over when the US Federal Reserve would begin to tighten the interest rates have dampened the global sentiment in recent weeks, although Federal Reserve Chair Janet Yellen's comments last week helped soothe investors' nerves.
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MAKE MORE MONEY FROM FEW TIPS

The index continues to remain in a range between 6670 on the lower end and 6800 as the resistance. Bank Nifty is trading inside a trading range. Trend is still up so we should look for buying in Banking Stocks. CNX IT remained inside its trading range. A close above or below this range will decide the next direction in IT Sector.

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STOCK FUTURE
NIFTY FUTURE
BULLION
OPTION
CURRENCY
AGRI
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TOP CORPORATE NEWS

RIL to stop gas supply at 6 AM Tuesday if pact not signed

Oil ministry sources have indicated that Reliance wants higher gas price from fertilizer companies retrospectively and has also sought the difference between new price and USD 4.20 per mmBtu from April 1. Importantly today is the last day for fertiliser companies and RIL to renew their gas supply agreement. RIL will stop supplying gas at 6 AM tomorrow if the agreement is not signed.

·        RCom may partially exit foreign unit

In a bid to bring down its staggering debt of Rs 41,000 crore, Reliance Communications is looking to monetise its international unit Reliance Globalcom. It has brought a new CEO Bill Barney to find the right buyers for the firm.

·        L&T jumps on winning new orders

Larsen and Toubro is trading higher after L&T Construction has won new orders worth Rs 1,009 crore across various business segments in March 2014.

·        Airtel plans to extend outsourcing deal with IBM

Airtel is planning to extend its outsourcing deal with IBM for another five years. The deal is expected to be in the range of $550-600 million, making it the largest outsourced project by an Indian telecom company.
 
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COMMODITY MARKET LEVEL 31 March 2014

  Agri - Commodity Market Levels :--

CS CHANA (MAY) OVERVIEW:
TREND CONSOLIDATE
SUP1:3260
SUP2:3230   
RESIST1:3460
RESIST2:3500

TRADING STRATEGY: BUY ON DIPS
CAPITALSTARS.COM +919200099927


CS JEERA (APRIL) OVERVIEW:
TREND BEARISH
SUP1:9780
SUP2:9340
RESIST1:10325
RESIST2:10500

TRADING STRATEGY: SELL ON RISE
CAPITALSTAR0S.COM +919200099927

 
CS TURMERIC (APRIL) OVERVIEW:
TREND BEARISH
SUP1:6070
SUP2:5980
RESIST1:6510
RESIST2:6580

TRADING STRATEGY: SELL ON RISE
CAPITALSTARS.COM +919200099927

 
CS SOYABEAN (MAY) OVERVIEW:
TREND CONSOLIDATE
SUP1:4140
SUP2:4115
RESIST1:4375
RESIST2:4476

TRADING STRATEGY: BUY ON DIPS
CAPITALSTARS.COM +919200099927

 Bullion - Commodity Market Levels :--


CS COPPER
(APRIL) OVERVIEW:
TREND CONSOLIDATE
SUP1:395
SUP2:392   
RESIST1:406
RESIST2:409

TRADING STRATEGY: SELL ON RISE
CAPITALSTARS.COM +919200099927


CS CRUDE (APRIL) OVERVIEW:
TREND CONSOLIDATE
SUP1:5970
SUP2:5930
RESIST1:6150
RESIST2:6220

TRADING STRATEGY: BUY ON DIPS
CAPITALSTARS.COM +919200099927

 
CS GOLD (APRIL) OVERVIEW:
TREND CONSOLIDATE
SUP1:28050
SUP2:27340
RESIST1:28700
RESIST2:29000

TRADING STRATEGY: SELL ON RISE
CAPITALSTARS.COM +919200099927

 
CS SILVER (MAY) OVERVIEW:
TREND CONSOLIDATE
SUP1:42400
SUP2:40500   
RESIST1:43900
RESIST2:44200

TRADING STRATEGY: SELL ON RISE
CAPITALSTARS.COM +919200099927
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COMMODITY MARKET LEVEL 31 March 2014

BASE METAL WRAP: Copper fell, extending a quarterly loss on concern that an economic slowdown in China, the biggest metals consumer, will lower demand.

ENERGY WRAP:
West Texas Intermediate crude traded near the highest close in three weeks and headed for a quarterly advance as the U.S. and Russia sought to defuse the crisis over Ukraine. Brent was steady in London.

PRECIOUS METAL WRAP:
Gold headed for the first monthly decline this year as signs of a U.S. recovery backed the case for the Federal Reserve to press on with reducing stimulus. Palladium was poised to advance for a second month.

GLOBAL EVENTS TO WATCH:
ANZ Business Confidence, CPI Flash Estimate y/y, Italian Prelim CPI m/m, GDP m/m, Chicago PMI, Fed Chair Yellen Speaks, BOE Gov Carney Speaks.

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INDIAN COMMODITY MARKET OUTLOOK-31 March 2014

INDIAN BENCHMARK is a positive start. Investors cautious ahead of the RBI policy to be released tomorrow. Fiscal deficit data scheduled today.

FURTHER, Airtel is planning to extend its outsourcing deal with IBM for another five years. The deal is expected to be in the range of $550-600 million, making it the largest outsourced project by an Indian telecom company. Dr Reddy's Laboratories Limited is planning to make a fresh foray into the Japanese market.

Trend in FII flows: The FIIs were net buyers of Rs.1362cr in the cash segment on Friday while the domestic institutional investors (DIIs) were net sellers of Rs. 208cr, as per the provisional figures released by the NSE.

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TOP FIVE BUZZING STOCKS

 ü  ADANIENT
TREND: BULLISH
SUPPORT: 328
RESISTANCE: 362


ü  ADANI POWER
TREND: BULLISH
SUPPORT: 41
RESISTANCE: 50


ü  CAIRN INDIA
TREND: BEARISH
SUPPORT: 327
RESISTANCE: 335


ü  INDIA CEMENT
TREND: BULLISH
SUPPORT: 52
RESISTANCE: 64


ü  ONGC
TREND: BEARISH
SUPPORT: 318
RESISTANCE: 334
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CS PERFORMANCE MESSAGE

STOCK FUTURES:

FUTURES INTRADAY:
ADANIENT FUTURE BUY CALL 3 TG
ORIENTAL BANK FUTURE BUY CALL 3 TG
CESC FUTURE BUY CALL 3 TG
ACC LTD FUTURE BUY CALL 3 TG
AUROBINDO PHARMA FUTURES SELL CALL 2 TG
RELIANCE INFRA FUTURES BUY CALL EXIT AT 434.50

PREMIUM FUTURES:
ADANIENT FUTURES BUY CALL 3 TG
BANK OF BARODA FUTURES BUY CALL 3 TG

NIFTY FUTURES:
NIFTY FUTURES BUY CALL BOOKED AT 6735

OPTION:
ADANIENT 340 CALL BUY CALL 3 TG
PNB 720 CALL BUY CALL 3 TG
RCOM 125 CALL 2 TG (BOOKED AT 10.60)

OPTION PREMIUM:
ADANIENT 340 CALL BUY CALL 3 TG

STOCK CASH:

STOCK CASH INTRADY:
VIP INDUSTRIES BUY CALL 3 TG
ADANIENT BUY CALL 3 TG
RELIANCE INDUSTRIAL INFRA BUY CALL 2 TG (BOOKED AT 387.30)
ALLAHABAD BANK BUY CALL 1 TG

STOCK CASH PREMIUM:
ADANI POWER BUY CALL 3 TG
INDIA CEMENTS LTD BUY CALL 3 TG (BOOKED AT 61.25)
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INDIAN BENCHMARKS close near day highs… Nifty hits 6,700.

INDIAN BENCHMARKS closed on a strong note as gains in index heavyweights lifted markets to record highs in the closing hour of trade. Adding to the positive sentiment was the gain in Rupee which was quoting at an eight month low at 59.88.

Shares of PNB rallied 4 percent as Private equity funds General Atlantic Partners and Apax Partners are in talks to buy out 49 percent stake owned by retail financial services company Destimoney in Punjab National Bank's housing finance company PNB Housing Finance. Shares of the cement company rose 8 percent as SC has granted Chennai Super Kings and Rajasthan Royals permission to play in the seventh edition of IPL.

The crucial resistance for Nifty is now seen at 6740 and above this 6800. Support for the immediate term is now placed at 6580 and next support will be 6540.

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TOP CORPORATE NEWS

Dr Reddy's gain on launch of generic cholesterol-lowering drug in US
                                                                                        
Dr Reddy’s Laboratories is trading higher by 2% after drug maker said that it has launched generic version of Pfizer's Caduet tablets, a cholesterol-lowering drug, in US market.

· India Cements rises 8%, SC allows CSK to play in IPL7

India Cements   seems to be celebrating the Supreme Court order on IPL spot-fixing scandal probe. Shares of the cement company rose 8 percent intraday on Friday as SC has granted Chennai Super Kings and Rajasthan Royals permission to play in the seventh edition of IPL.

Lakshmi Vilas Bank gains on fund raising plan

Lakshmi Vilas Bank is trading higher after it plans to raise Rs 505 crore through a rights issue from its existing shareholders.

·  PNB up 4%, PE funds may buy stake in its home finance arm

Shares of Punjab National Bank rallied 4 percent as Private equity funds General Atlantic Partners and Apax Partners are in talks to buy out 49 percent stake owned by retail financial services company Destimoney in Punjab National Bank's housing finance company PNB Housing Finance.
 
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COMMODITY MARKET LEVEL 28 March 2014

 Agri - Commodity Market Levels :--

CS CHANA (APRIL) OVERVIEW:
TREND CONSOLIDATE
SUP1:3180
SUP2:3115   
RESIST1:3420
RESIST2:3475

TRADING STRATEGY: BUY ON DIPS

CS JEERA (MARCH) OVERVIEW:
TREND BEARISH
SUP1:9340
SUP2:8400
RESIST1:10325
RESIST2:10500

TRADING STRATEGY: SELL ON RISE

CS TURMERIC (APRIL) OVERVIEW:
TREND BEARISH
SUP1:6070
SUP2:5980
RESIST1:6510
RESIST2:6580

TRADING STRATEGY: SELL ON RISE

CS SOYABEAN (MARCH) OVERVIEW:
TREND CONSOLIDATE
SUP1:4150
SUP2:4080
RESIST1:4350
RESIST2:4400

TRADING STRATEGY: BUY ON DIPS

 Bullion - Commodity Market Levels :--

CS COPPER (APRIL) OVERVIEW:
TREND CONSOLIDATE
SUP1:392
SUP2:389   
RESIST1:406
RESIST2:409

TRADING STRATEGY: SELL ON RISE

CS CRUDE (APRIL) OVERVIEW:
TREND CONSOLIDATE
SUP1:5970
SUP2:5930
RESIST1:6150
RESIST2:6220

TRADING STRATEGY: BUY ON DIPS

CS GOLD (APRIL) OVERVIEW:
TREND BEARISH
SUP1:28270
SUP2:28050
RESIST1:28750
RESIST2:29130

TRADING STRATEGY: SELL ON RISE

CS SILVER (MAY) OVERVIEW:
TREND CONSOLIDATE
SUP1:42400
SUP2:40500   
RESIST1:43400
RESIST2:44200

TRADING STRATEGY: SELL ON RISE

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COMMODITY MARKET TRENDS 28 MARCH 2014

BASE METAL WRAP:
Copper headed for a second weekly advance on concern that supplies from global mines will trail forecasts and amid speculation demand may increase in China, the biggest user of industrial metals.

ENERGY WRAP:

West Texas Intermediate headed for a second weekly advance amid shrinking stockpiles at the U.S. oil storage hub in Cushing, Oklahoma, and concern the crisis in Ukraine threatens supplies from Russia.

PRECIOUS METAL WRAP:
Gold trimmed a second weekly loss as investors weighed speculation a drop below $1,300 an ounce will spur demand against signs of a U.S. recovery, which may add to the case for tapering. Platinum and palladium advanced.

GLOBAL EVENTS TO WATCH:
Current Account, Core PCE Price Index m/m, Personal Spending m/m, Personal Income m/m, Revised UoM Consumer Sentiment, Revised UoM Inflation Expectations.

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INDIAN COMMODITY MARKET OUTLOOK-28 March 2014

INDIAN BENCHMARK start on a flat to positive note, a day after investors rolled over positions from the near-term March series F&O expiry to April series.

FURTHER, Tata Power Co has moved to the Central Electricity Regulatory Commission against the Jhajjar power project of CLP India, alleging that the latter has misrepresented the date of commercial operation. NTPC has set a target of importing as much as 15 mn tonnes of coal in the next financial year (2014-15).

Trend in FII flows: The FIIs were net buyers of Rs.2191cr in the cash segment on Thursday   while the domestic institutional investors (DIIs) were net sellers of Rs. 591cr, as per the provisional figures released by the NSE
 
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TOP FIVE BUZZING STOCKS


  BPCL

TREND: BULLISH
SUPPORT: 430
RESISTANCE: 465

  IDEA

TREND: BULLISH
SUPPORT: 133
RESISTANCE: 142.50

ü  DRREDDY

TREND: BEARISH
SUPPORT: 2516
RESISTANCE: 2651

ü  BANK OF BARODA

TREND: BULLISH
SUPPORT: 666
RESISTANCE: 717

ü  RANBAXY

TREND: BEARISH
SUPPORT: 338
RESISTANCE: 360

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CS PERFORMANCE MESSAGE:

STOCK FUTURES: 

FUTURES INTRADAY:
HINDPETRO FUTURE BUY CALL 3 TG
AUROBINDO PHARMA FUTURE SELL CALL 3 TG
BPCL FUTURE BUY CALL 3 TG
BHEL FUTURE BUY CALL 3 TG (BOOKED AT 202.20)
AXIS BANK FUTURE BUY CALL 2 TG

PREMIUM FUTURES:
HINDPETRO FUTURE BUY CALL 3 TG
BPCL FUTURE BUY CALL 1 TG

NIFTY FUTURES:
BANK NIFTY FUTURES BUY CALL 2 TG
NIFTY FUTURE BUY CALL 2 TG

OPTION:
IDFC 115 CALL BUY CALL 3 TG

OPTION PREMIUM:

STOCK CASH:


STOCK CASH INTRADY:

MOTHERSON SUMI BUY CALL 3 TG
IDEA CELLULAR BUY CALL 2 TG
HINDPETRO BUY CALL2 TG
ORIENTAL BANK BUY CALL 1TG

STOCK CASH PREMIUM:
BPCL BUY CALL 2 TG
AXIS BANK BUY CALL 1 TG

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TOP CORPORATE NEWS

L&T gains after winning Rs 1,981 crore new orders                                                                                   

Larsen and Toubro has moved higher by 1% to Rs 1,284 after the company said the buildings and factories business of L&T Construction has won new housing orders worth Rs 1,981 crore in March 2014.

India Cements falls 2% on SC proposals in IPL scam probe

Shares of India Cements fell 2 percent as Supreme Court proposed restriction against the company in connection to the IPL spot-fixing scandal. During the hearing on IPL case, SC has maintained that any person having any relation with India Cements should not be allowed to function in BCCI.

ONGC falls 2% on quoting ex-dividend today

State-run oil & gas major Oil and Natural Gas Corporation is quoting ex- dividend today. The company has fixed the record date as March 29 for determining entitlement of shareholders for payment of this interim dividend.

NTPC gains after declaring commercial operations at select units


NTPC rose 1% after the company declared commercial operation at select units of Rihand Super Thermal Power Station and Vindhyachal Super Thermal Power Station.

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COMMODITY MARKET LEVEL 26 March 2014

 Bullion Commodity Market Level :--


CS COPPER (APRIL) OVERVIEW:
TREND CONSOLIDATE
SUP1:392
SUP2:389 
RESIST1:406
RESIST2:409

TRADING STRATEGY: SELL ON RISE
CAPITALSTARS.COM +919200099927

CS CRUDE (APRIL) OVERVIEW:
TREND CONSOLIDATE
SUP1:5933
SUP2:5829
RESIST1:6150
RESIST2:6220

TRADING STRATEGY: SELL ON RISE
CAPITALSTARS.COM +919200099927

CS GOLD (APRIL) OVERVIEW:
TREND CONSOLIDATE
SUP1:28270
SUP2:28050
RESIST1:28750
RESIST2:29130

TRADING STRATEGY: SELL ON RISE
CAPITALSTARS.COM +919200099927

CS SILVER (MAY) OVERVIEW:
TREND CONSOLIDATE
SUP1:42400
SUP2:40500   
RESIST1:43400
RESIST2:44200

TRADING STRATEGY: SELL ON RISE
CAPITALSTARS.COM +919200099927

Agri Commodity Market Level :--

CS CHANA (APRIL) OVERVIEW:
TREND CONSOLIDATE
SUP1:3180
SUP2:3115   
RESIST1:3420
RESIST2:3475

TRADING STRATEGY: BUY ON DIPS
CAPITALSTARS.COM +919977499927
 
CS JEERA (MARCH) OVERVIEW:
TREND BEARISH
SUP1:9340
SUP2:8400
RESIST1:10480
RESIST2:10750
TRADING STRATEGY: SELL ON RISE

CAPITALSTAR0S.COM +919200099927

CS TURMERIC (APRIL) OVERVIEW:
TREND BEARISH
SUP1:6070
SUP2:5980
RESIST1:6510
RESIST2:6580

TRADING STRATEGY: SELL ON RISE
CAPITALSTARS.COM +919200099927
 
CS SOYABEAN (MARCH) OVERVIEW:
TREND CONSOLIDATE
SUP1:4150
SUP2:4080
RESIST1:4262
RESIST2:4350

TRADING STRATEGY: SELL ON RISE
CAPITALSTARS.COM +919200099927
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COMMODITY MARKET TRENDS 27 MARCH 2014

BASE METAL WRAP: 
Copper dropped from a two-week high amid concern that economic growth is slowing and default risks are rising in the biggest-user China at a time when global supplies are increasing.

ENERGY WRAP: 
West Texas Intermediate traded near the highest price in a week as crude stockpiles fell at the main U.S. oil storage hub and gasoline demand reached a three-month high. Brent in London was steady.

PRECIOUS METAL WRAP: 
Gold fell to near $1,300 an ounce on Wednesday as encouraging U.S. manufacturing data reduced bullion's appeal to institutional investors as a hedge against economic uncertainty, sending prices to their lowest in more than five weeks.

GLOBAL EVENTS TO WATCH: 
Trade Balance, Retail Sales m/m, Unemployment Claims, FOMC Member Pianalto Speaks, Final GDP q/q, Final GDP Price Index q/q, Pending Home Sales m/m, Natural Gas Storage.

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INDIAN COMMODITY MARKET OUTLOOK-27 March 2014

INDIAN BENCHMARK  are likely to see a flat opening ahead of March F&O expiry due today. Also, global cues are muted. RIL selected for exploration of two offshore blocks in Myanmar.

FURTHER, Financial Technologies received 10 offers for its stake in Multi Commodity Exchange. FTIL has agreed to sell 24 per cent stake in the bourse. Tata Consultancy Services and a leading Saudi Arabian Bank have inked a pact to implement a new core banking software platform.

Trend in FII flows: The FIIs were net buyers of Rs.1004cr in the cash segment on Wednesday   while the domestic institutional investors (DIIs) were net sellers of Rs. 356cr, as per the provisional figures released by the NSE.
 
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