It's RBI Day.......... First of All : It's Expected ; that RAJAN will Deliver.......... Even : If there'll No Rate Cut ; We're Not Expecting, Market to Fall Much....!! |
Street Consider this Event is NON-EVENT....As....MODI America's Visit, Overshadow this RBI Event as NON-EVENT... We're Not Expecting ; Much Impact on Market ; Even, If there's NO RATE CUT. But....RBI Governor Must Cut the Rate this time ; Because ; Mr. Modi trying to Sell INDIAN Growth Story ; And There's on SAME TIME...RBI Governor Not Cutting Rate for Growth..... Believe in Mr. Modi Vision ; Indian Growth Story ; Just Started..... There's Long-Long Way to Go from, these These Levels... Well...As Far As Short Term, Prospective for Indian Stock Market is Concerned, As We Said, that Weakness Seems Over in Market. Now....Don't Worry ; Yes , You Can Average Your, Position @ this Point of time. Keep SL of 7830.00 to All Your LONG POSITION And Continue to Remain LONG in Market....... |
Monday, 29 September 2014
RBI DAY
BULLS & BEAR LEVELS FOR NIFTY
Ppl Say : Your Nifty Levels are Superb ;
Just Think About Our Paid Levels.....................
Levels for Bulls
Well, Today's Above 8030.00 Expect Fireworks in NIFTY FUTURE, Above, that Level...NIFTY FUTURE, May Try to hit, 8049.00 and than, 8073.00 too in Today's Trading Session....
There'll be More Fireworks, If Nifty Future, Manage to Break, 8093.00 Mark, Above that Level...NIFTY FUTURE, May Try to hit, 8130.00 and than, 8173.00 too in Days to come.
Levels for Bears
Well, Today's Below..7963.00 Expect, Some Sort of Weakness in MARKET, Below that Level...NIFTY FUTURE, May Try to hit, 7940.00 and than, 7920.00 too in Today's Trading Session....But, Moreover, Buying may emerge from, LOWER LEVEL.
(So...Watch, Out, these Nifty Future Levels, Carefully & Earn Millions)
Oh Yes...!!
BUY BUY BUY J K CEMENT
Traded @ BSE/NSE (532644)Target : 650 - 750 - 800+
J.K. Cement Ltd is an affiliate of the multi-disciplinary industrial conglomerate J.K. Organisation which was founded by Lala Kamlapat Singhania. For over three decades, J.K. Cement has partnered India's multi-sectoral infrastructure needs on the strength of its product excellence, customer orientation and technology leadership
The Company has over three decades of experience in cement manufacturing. Our operations commenced with commercial production at our first grey cement plant at Nimbahera in the state of Rajasthan in May 1975. Subsequently the Company also set up 2 more units in Rajasthan at Mangrol and Gotan. In the year 2009 the Company extended its footprint by setting up a green-field unit in Muddapur, Karnataka giving it access to the markets of south-west India. Today J.K. Cement has an installed grey cement capacity of 7.5 MTPA making it one of the leading manufacturers in the country.
The Company is the second largest manufacturer of white cement in India, with an annual capacity of 400,000 tonnes, and value-added building products, such as wall putty. We are also the second largest producer of wall putty in the country with an annual installed capacity of 3,00,000
J.K. Cement was the first Company to install a captive power plant in the year 1987 at Bamania, Rajasthan. J.K Cement is also the first cement Company to install a waste heat recovery power plant to take care of the need of green power. Today at its different locations, the Company has captive power generation capacity of over 100 MWs.
The Company has made its first international foray with the setting up of a green-field dual process white cement-cum-grey cement plant in the free trade zone at Fujairah, U.A.E to cater to the GCC and African markets. The plant at Fujairah has a capacity of 0.6 million tonnes per annum for White Cement with a flexibility to change over its operation to produce upto 1 million tonnes per annum of Grey Cement. The first dispatch from J.K. Cement Works, Fujairah in the month of March was a prominent step towards expansion.
As a part of its new initiatives, the Company hashad Brown field expansions of 3 MTPA. An integrated plant at Mangrol, Rajasthan having a capacity of 1.5 MTPA and another at Jhajjar, Haryana with a split grinding unit producing 1.5 MTPA.
Backed by state-of-the-art technology, access to the best quality raw materials and highly skilled manpower against the backdrop of India's infrastructural growth in an overdrive, we are upbeat about the future. Superior products and a strong Brand name, an extensive marketing and distribution network and the technical know-how represent the Company's abiding strengths.
It's Likely to Open.....3 to 5% Up....
As....Market Participant, Eager to Eat their PIE 65@ Opening Bell...
So...Be the First to Grab this Gem @ Opening Bell....
Buy @ 560 - 563
Today's Target : 610 - 625+Ultimate Target : 700 - 850+SL : 500
BUY HOV SERVICES
Traded @ BSE/NSE (532761)Target : 150+
Buy @ 121 - 122
Today's Target : 133 - 137+
Ultimate Target : 150+
SL : 112
Buy @ 121 - 122
Today's Target : 133 - 137+
Ultimate Target : 150+
SL : 112
STOCK LEVELS, NIFTY, BANK NIFTY
30-Sep-2014 |
PICK OF THE DAY | TARGET 1 | TARGET 2 | STOP LOSS |
BUY PFS AT 44.5 | 47 | 48.5 | 43 |
FUTURES | |||
BUY WIPRO FUT AT 595 | 604 | 611 | 591 |
TECHNICAL OUTLOOK |
SCRIP | CLOSE | SUPPORT | RESISTANCE | OUTLOOK |
NIFTY | 7958.90 | 7915 7874 7777 | 8008 8050 8110 | RESISTANCE AT 8008. |
BANK NIFTY | 15473.55 | 15380 15050 14770 | 15800 16180 16400 | RESISTANCE AT 15800. |
ITC | 366.10 | 364 361 357 | 372 376 381 | RESISTANCE AT 372. |
REL INFRA | 593.45 | 587 577 568 | 608 625 644 | RESISTANCE AT 608. |
SESASTER | 270.65 | 262 255 248 | 278 287 293 | RESISTANCE AT 278. |
TCS | 2767.95 | 2730 2709 2666 | 2799 2828 2857 | RESISTANCE AT 2799. |
SAIL | 70.50 | 69 67 66 | 72 74 75 | RESISTANCE AT 72. |
SBI | 2449.70 | 2419 2395 2345 | 2472 2500 2525 | RESISTANCE AT 2472. |
DLF | 158.30 | 155 151 147 | 163 167 172 | RESISTANCE AT 163. |
INFOSYS | 3749.05 | 3715 3645 3600 | 3780 3815 3860 | RESISTANCE AT 3780. |
TATA MOTORS | 510.75 | 499 488 479 | 518 525 539 | RESISTANCE AT 518. |
BHEL | 207.75 | 203 196 191 | 212 216 222 | RESISTANCE AT 212. |
TATA STEEL | 466.40 | 452 444 437 | 474 483 490 | RESISTANCE AT 474. |
UNITECH | 19.90 | 19 18 17.50 | 21 22 23.50 | RESISTANCE AT 21. |
ONGC | 407.50 | 399 388 381 | 417 428 437 | RESISTANCE AT 417. |
JP ASSOCIATE | 26.20 | 25 23.5 22 | 27.5 29 30 | RESISTANCE AT 27.50 |
RELCAPITAL | 470.05 | 463 450 443 | 482 493 502 | RESISTANCE AT 482. |
RELIANCE | 933.15 | 920 908 895 | 944 955 977 | RESISTANCE AT 944. |
HDIL | 82.10 | 80 77 75 | 84 86 88 | RESISTANCE AT 84. |
MARUTI | 3008.15 | 2985 2955 2908 | 3048 3095 3125 | RESISTANCE AT 3048. |
HINDALCO | 159.70 | 154 146 144 | 162 165 168 | RESISTANCE AT 162. |
ACC | 1438.50 | 1405 1377 1325 | 1460 1499 1532 | RESISTANCE AT 1460. |
LT | 1468.60 | 1450 1418 1399 | 1495 1520 1550 | RESISTANCE AT 1495. |
|
INDIAN SOFTWARE EXPORTS RISING
India’s exports from the Software Technology Parks (STP) across India are rising at a pace of 8 to 10 percent annually and would further increase in the upcoming years as the industry spreads across the country, a senior sector official said.
“There are huge software technology markets across the world and India’s export prospect from the sector is extremely vivid,” Software Technology Park of India (STPI) director Prabir Kumar Das told IANS.
“Currently India’s yearly export growth from the software technology is 8 to 10 percent. After setting of under construction STPs in different states of the country, the export growth would be at much higher speed.”
Das said the overall exports increased from Rs. 226,712 crore in 2011-12 to Rs. 251,498 crore in 2012-13 and the overseas trade further increased to Rs.275, 000 in the 2013-14.
Karnataka, Maharashtra, Andhra Pradesh, Tamil Nadu, Haryana, Uttar Pradesh, West Bengal, Kerala, Odisha and Delhi are the leading ten states in India in software export.
The STPI, an autonomous society of the union ministry of communications and information technology, was set up in 1991 to implement the STP scheme and to promote software exports by providing infrastructure facilities including high speed data communication (HSDC) links.
GOOD NEWS FOR TEXTILE EXPORTS
INDIAN TEXTILE MILLS TO GROW AT 10 PERCENT IN EXPORTS
India’s cotton and apparel exports are set to climb by around 10 percent this year as higher wages, political instability and concerns about workplace conditions in other producing markets steer international buyers toward Indian exporters, industry officials said.
The rise in textile shipments from India – currently around 4.5 percent of world trade – may eat into top exporter China’s 36 percent share of the market and will be a boon for Indian textile merchants keen to exploit rising demand stemming from weak cotton prices and global economic growth.
“My orders have increased by about 20 percent so far this financial year. It’s a golden period for the Indian textiles industry,” said Vijay Agarwal, chairman of Mumbai-based Creative Group, a leading apparel exporter.
Buoyed by fresh export orders, Agarwal is keen to expand his business by investing 2 billion rupees ($32.71 million) in the next year.
The main markets for Indian textiles at the moment are the United States and European Union.
Agarwal and other Indian exporters are anticipating a rise of roughly 5 percent in global demand for textiles and apparel this year.
EXPECTATIONS FROM RESERVE BANK OF INDIA
As the Reserve Bank of India gets ready to announce its fourth bi-monthly monetary policy review on September 30th, speculation about possible rate cut has been on the rise. The opinion of various financial experts seems to suggest a likelihood of the status quo on Tuesday even as the drop of wholesale inflation in its five year lows touching 3.74% has brought a ray of hope towards a possible rate cut in the announcement.
In its last policy statement issued in August by RBI governor Raghuram Rajan, the agency had kept key interest rates unchanged owing to the inflationary expectations and uncertain monsoon conditions. Since the RBI governor had clearly reiterated that the agency would not resort to rate cut till sustainable, low inflation would show impressions of staying for a medium to long term, chances of a rate cut remain quite low.
Low but is it low enough?
The retail inflation based on the consumer price index (CPI) has declined from more than from 8.59% in April to 7.8% in August. Wholesale price index (WPI) inflation has also witnessed a steep decline, reaching 3.74% in August from 5.55% recorded at the beginning of the financial year. While inflation figures have been impressive for the month of August, the statement of RBI governor in the not too recent past about the need of breaking the back of inflation as a yardstick towards a rate cut gave a clear signal that any rate cut announcement is a distant dream. While the inflation has cooled off, it has certainly not reached a level where the macro and micro economic parameters can safely presume that inflation would not come back to haunt in the short term.
Are interest rates hurting the industry?
In the month when Prime Minister Narendra Modi initiated the “make in India” campaign and is aggressively seeking support of non resident Indians and global investors to enter the manufacturing sector in India, industry experts have called for a decrease in interest rates to facilitate growth. President of PHD Chamber Sharad Jaipuria speaking to reporters have also underlined the significance of a rate cut to put industrial growth back on track. With inflation figures supporting a case for interest rate cut, it remains to be seen whether the RBI governor would indeed bite the bullet or wait for a more sustained inflation drop before announcing a rate cut.
SLR rate cut likely:
In the last monetary policy review in August, the Reserve Bank of India had left the REPO rates unchanged for a third consecutive time at 8%. Financial experts, including banks, are bracing themselves for a similar announcement as inflation may still need some cooling off period before rate cuts could be introduced. However, like the previous policy announcement, there is a high possibility that the bank’s mandatory investment in government bonds, technically known as the statutory liquidity ratio (SLR) is likely to be reduced by at least half a percentage point. Statutory Liquidity Ratio is essentially the portion of deposits that banks are required to keep in government bonds. During the last announcement SLR was reduced to 22% from 22.5% brining in high liquidity to the tune of Rs 40,000 crore into the system. SLR rates if slashed further can bring in more liquidity to the market which can bring a positive market sentiment keeping the festive holiday season ahead.
NIFTY LEVELS 30-9-2014
Market Review for 30th September 2014
Nifty (7959) we said ‘technically now we just have 3 trading sessions before long holidays and the market is not running in a hurry and now I would say that 7840 has become a crucial support to work with and if it goes up then 8064 would be a resistant’ the market unfolded flat…technically the analysis remains the same…
The support for Nifty is it 7840-7825 and the resistance to the up move is at 8000-8064
Sunday, 28 September 2014
NIFTY FUTURE
Ppl Say : Your Nifty Levels are Superb ;
Just Think About Our Paid Levels.....................
Levels for Bulls
Well, Today's Above 8023.00 Expect Fireworks in NIFTY FUTURE, Above, that Level...NIFTY FUTURE, May Try to hit, 8049.00 and than, 8073.00 too in Today's Trading Session....
There'll be More Fireworks, If Nifty Future, Manage to Break, 8093.00 Mark, Above that Level...NIFTY FUTURE, May Try to hit, 8130.00 and than, 8173.00 too in Days to come.
Levels for Bears
Well, Today's Below..7970.00 Expect, Some Sort of Weakness in MARKET, Below that Level...NIFTY FUTURE, May Try to hit, 7940.00 and than, 7920.00 too in Today's Trading Session....But, Moreover, Buying may emerge from, LOWER LEVEL.
(So...Watch, Out, these Nifty Future Levels, Carefully & Earn Millions)
Oh Yes...!!
MID CAP BETS
This Flower Bouquet is For You.........
As...We Feel....that Weakness Seems Over from, INDIAN STOCK MARKET.....
Now....Keep SL OF 7890.00....And Go Long & Go for Average for All Your Loss Making Position.
From, these Levels.............Huge-Huge Buying May Spurt in ALL MID-CAP Counters....
Although, These Kind of Correction is GOOD Long Healthy Sustainable Market.
But......Once Again, It Was Jumping Stocks, We Alert You in Advance , that Sept. 15th to Sept. 26th Sept.
It'll be Volatile..........
Anyhow, Don't Worry.......Everything is Ok , Now !!!
(As : Market, Correct, Sharply, Here is the List of Some of Qualities Mid-Cap
Which, can Shine Once Again, from these Levels)
Our Favourite Are........
Stock Name
|
CMP
| Target Price |
SL
|
Reasons to Buy
|
TV-TODAY
|
210
|
300
|
190
|
Finest Media Stock for Quality Investor.
|
NBCC
|
705
|
1000
|
590
|
Future Looks Prominent for NBCC.
|
RS-SOFTWARE
|
720
|
1200
|
580
|
A Real Gem is Making in IT Space.
|
MARKSANS Pharma
|
58
|
80
|
50
|
Small Cap ; Likely to Become, MID-CAP
|
CEAT LTD.
|
744
|
900
|
690
|
Quality TYRE Maker.
|
JK CEMENT
|
512
|
700
|
470
|
Leader in WHITE Cement Segment.
|
SELL ONGC
STOCK PICK
ONGC
CMP: 400.35
Recommendation
Sell : Sell between CMP to 410
Stoploss : 420 (Close)
Targets : 370 - 340
Time : 2-6 Weeks
Observation
The stock is showing negative bias for the short term.
The stock has completed major “wave X” in the larger degree
and it has started next falling leg of A-B-C correction. In this
“wave A & B” has ended and “wave C” is in progress toward
370 – 340 levels.
The above mentioned target levels are 100% & 138.2%
projection level of last major legs.
In addition medium term trend line breakdown has been
witnessed which adds strength to the bearish stance. The
price is trading below 21 Day EMA i.e 419.
Traders could short the stock between CMP to 410 with the
stoploss of 420 for the targets of 370 - 340.
ONGC
CMP: 400.35
Recommendation
Sell : Sell between CMP to 410
Stoploss : 420 (Close)
Targets : 370 - 340
Time : 2-6 Weeks
Observation
The stock is showing negative bias for the short term.
The stock has completed major “wave X” in the larger degree
and it has started next falling leg of A-B-C correction. In this
“wave A & B” has ended and “wave C” is in progress toward
370 – 340 levels.
The above mentioned target levels are 100% & 138.2%
projection level of last major legs.
In addition medium term trend line breakdown has been
witnessed which adds strength to the bearish stance. The
price is trading below 21 Day EMA i.e 419.
Traders could short the stock between CMP to 410 with the
stoploss of 420 for the targets of 370 - 340.
NIFTY LEVEL SUPPORT & RESISTANCES
Market Review for 29th September 2014
Nifty (7969) we said ‘technically now 7850 could turn out to be a support zone…will it? The market took support near our support and bounced back…technically now we just have 3 trading sessions before long holidays and the market is not running in a hurry and now I would say that 7840 has become a crucial support to work with and if it goes up then 8064 would be a resistant…
The support for Nifty is it 7840-7825 and the resistance to the up move is at 8000-8064
ADAANI PORTS & RANBAXY
ADANI PORTS- Good for 360 | |
ADANI PORTS is ruling around the level of 280 and may rise to the level of 295 in any case in due course
| |
RANBAXY---Buy for 620 | |
RANBAXY is ruling around the level of 602 and may rise to the level of 620 in any case
|
MARKET BUZZZZZZZZZZZZ
Bazaar Gossip
29th Sep -2014
| ||||||||
|
MARKET MOVEMENT FOR 29-9-2014
Headlines ------ 29th Sep 2014 |
MARKET MOVEMENT | |
Markets at crossroads, volatility to continue with selective trades !-- Markets are once again at the crossroads i.e. between 26500 and 26750 with a closing at 26659 on Friday. this is a stage of nowhere and movement may be seen on either side although chances for a recovery to continue are very bright. Play safe, buy less and exit quickly.
Markets may open flat/positive for today and no risk will be seen above the level of 26700. below 26700, it remain week for 26500 also.
Trading plan for today-Following action plan may be followed by day traders for today-------
Select BANKING stocks may remain good for day trades in view of high volatility for today
Trade Nifty with stop loss of 7980 for the target of 8080 and above. Sell below 7980 for the target of 7950 and below
CAPITAL GOODS stocks may provide better opportunity for day traders on both side
Avoid FINANCE stocks for today
| |
SAFE STOCK---HAVELLS | |
HAVELLS is ruling around the level of 260 and look to be good for the target of 280 in any case in due course
|
Thursday, 25 September 2014
SNOWMAN LOGISTICS
Traded @ BSE/NSE (538635)Target : 150+
Expecting : Fireworks in this Counter......
Despite .........Poor Sentiments............
Grab this. @ Opening Bell..........
Buy @ 88.50 - 89.50
Today's Target : 97.50 - 100+Ultimate Target : 150+SL : 80
NIFTY, BANK NIFTY & LEVELS FOR SCRIPS
26-Sep-2014 |
PICK OF THE DAY | TARGET 1 | TARGET 2 | STOP LOSS |
BUY PURVA AT 105 | 111 | 114 | 103 |
FUTURES | |||
SELL IOB FUT AT 56 | 53 | 51 | 58 |
TECHNICAL OUTLOOK |
SCRIP | CLOSE | SUPPORT | RESISTANCE | OUTLOOK |
NIFTY | 7911.85 | 7862 7777 7700 | 7970 8050 8110 | RESISTANCE AT 7970. |
BANK NIFTY | 15299.05 | 15050 14770 14444 | 15400 15680 15900 | RESISTANCE AT 15400. |
ITC | 376.65 | 372 365 361 | 381 386 390 | RESISTANCE AT 381. |
REL INFRA | 598.35 | 589 577 568 | 608 625 644 | RESISTANCE AT 608. |
SESASTER | 273.20 | 268 261 255 | 277 282 287 | RESISTANCE AT 277. |
TCS | 2708.60 | 2666 2629 2600 | 2730 2777 2820 | RESISTANCE AT 2730. |
SAIL | 67.40 | 65 64 62 | 68 70 71 | RESISTANCE AT 68. |
SBI | 2377.70 | 2345 2300 2255 | 2390 2430 2465 | RESISTANCE AT 2390. |
DLF | 155.60 | 151 147 141 | 158 165 172 | RESISTANCE AT 158. |
INFOSYS | 3691.00 | 3645 3600 3560 | 3710 3745 3780 | RESISTANCE AT 3710. |
TATA MOTORS | 504.35 | 497 488 479 | 513 525 539 | RESISTANCE AT 513. |
BHEL | 203.05 | 199 194 188 | 206 211 216 | RESISTANCE AT 206. |
TATA STEEL | 460.40 | 452 444 436 | 468 480 494 | RESISTANCE AT 468. |
UNITECH | 19.25 | 18 17.5 16.50 | 20 21 23 | RESISTANCE AT 20. |
ONGC | 400.35 | 395 387 379 | 406 418 428 | RESISTANCE AT 406. |
JP ASSOCIATE | 25.80 | 25 23.5 23 | 26.50 27 28 | RESISTANCE AT 26.50 |
RELCAPITAL | 458.50 | 450 443 435 | 463 474 482 | RESISTANCE AT 463. |
RELIANCE | 929.85 | 920 908 895 | 935 944 955 | RESISTANCE AT 935. |
HDIL | 80.70 | 78 76 73 | 82 84 85 | RESISTANCE AT 82. |
MARUTI | 3057.25 | 3020 2990 2955 | 3095 3125 3170 | RESISTANCE AT 3095. |
HINDALCO | 149.15 | 146 144 140 | 151 154 157 | RESISTANCE AT 151. |
ACC | 1399.05 | 1377 1325 1290 | 1405 1430 1460 | RESISTANCE AT 1405. |
LT | 1447.10 | 1405 1377 1340 | 1460 1495 1520 | RESISTANCE AT 1460. |
L | ||||
|
Subscribe to:
Posts
(
Atom
)