Thursday 30 June 2016

trading idea

Call TypeActStock / ContractCMPRecommendationBook
Part
Profit
Price(Rs.) ,
Percent
Book
Profit
Price(Rs.)
Exit
Price(Rs.)
Update on recommendationsRemarksPotential %Time FrameAction
Recmnd. From - To Price(Rs.)TRGT1
(Rs.)
TRGT2
(Rs.)
SLTP
(Rs.)
WeeklyBuyLT FINANCE HOLDINGS LIMITED
(LTFINA) 
81.1577.00 - 80.00 
(01-Jul-2016 10:41 )
91.0072.50-  , -  -  -   Weekly Tech  10   Days
MarginSellMARUTI SUZUKI INDIA LTD
(MARUTI) 
4,165.004,153.00 - 4,156.00 
(01-Jul-2016 10:20 )
4,120.004,182.00-  , -  4,136.00-  Book Full Profit : 01-Jul-2016 10:24

 
-  -

India’s external debt rises $10.6 billion to $485.6 billion

The external debt to GDP ratio stood at 23.7 per cent at end-March 2016, a shade lower than its level of 23.8 per cent at end-March 2015.
India’s external debt stood at USD485.6 billion at the end of March 2016, recording an increase of USD 10.6 billion year-on-year, primarily on account of a rise in outstanding NRI deposits, the RBI said on June 30.
The increase in the magnitude of external debt was partly offset by valuation gain resulting from the appreciation of the US dollar vis-a-vis the Indian rupee and other major currencies, the central bank said in a statement.
The external debt to GDP ratio stood at 23.7 per cent at end-March 2016, a shade lower than its level of 23.8 per cent at end-March 2015, it added. RBI said on residual maturity basis, short-term debt constituted about 42.6 per cent of total external debt at end-March 2016 compared with 38.2 per cent at end-March 2015.
As per RBI data, share of commercial borrowings continued to be the largest component of external debt with a share of 37.3 per cent, followed by NRI deposits (26.1 per cent) and short-term trade credit (16.5 per cent).
The ratio of short-term debt (original maturity) to foreign exchange reserves declined 23.1 per cent as at end-March 2016 compared to 25.0 per cent as at end-March 2015. Debt service payments increased to 8.8 per cent of current receipts at end-March 2016 as compared to 7.6 per cent at end-March 2015, RBI said.
Meanwhile, with a view to rationalising and expediting the process of giving approval, the central bank said it has been decided that ECB proposals received in the RBI above a certain threshold limit (refixed from time to time) be placed before the Empowered Committee.
“Reserve Bank will take a final decision in the cases taking into account the recommendation of the Empowered Committee,” it said.

SUPPORT & RESISTANCES

TECHNICAL OUTLOOK
SCRIPCLOSESUPPORTRESISTANCEOUTLOOK
NIFTY8287.758220
8160
8085
8335
8401
8460
EXPECT STRONG RESISTANCE AROUND 8401.
BANK NIFTY17935.4017880
17690
17470
18030
18290
18550
EXPECT STRONG RESISTANCE AROUND 18290.
ITC368.40363
360
354
372
376
381
MILDLY BULLISH.
REL INFRA545.75531
519
508
555
564
576
MILDLY BULLISH.
VEDL131.95127
123
119
134
139
142
SELL ON RALLY.
TCS2553.102515
2478
2444
2589
2630
2670
SELL ON RALLY.
SAIL45.3544
42

40
47
49
50
MILDLY BULLISH.
SBI218.80213
208
203
221
226
230
MILDLY BULLISH.
DLF149.95145
139
134
153
157
164
MILDLY BULLISH.
INFOSYS1170.801143
1127
1103
1189
1205
1222
SELL ON RALLY.
TATA MOTORS459.25448
437
421
466
475
483
SELL ON RALLY.
BHEL127.70124
118
113
130
133
138
SELL ON RALLY.
TATA STEEL321.95314
306
295
328
337
346
SELL ON RALLY.
WOCKPHARMA933.90915
898
889
944
960
977
SELL ON RALLY.
ONGC216.30210
205
199
218
223
229
SELL ON RALLY.
ICICIBANK240.55235
231
227
243
247
252
SELL ON RALLY.
RELCAPITAL399.75390
381
374
410
418
430
SELL ON RALLY.
RELIANCE969.15953
942
928
989
1001
1015
SELL ON RALLY.
HDIL103.25101
99
97
106
109
111
MILDLY BULLISH
MARUTI4187.204155
4120
4085
4200
4240
4275
SELL ON RALLY.
HINDALCO122.85119
115
112
125
128
132
MILDLY BULLISH.
ACC1616.051575
1537
1509
1637
1660
1690
MILDLY BULLISH.
LT1496.501456
1433
1395
1519
1541
1580
MILDLY BULLISH.

PICK OF THE DAY

01-Jul-2016
PICK OF THE DAYTARGET 1TARGET 2STOP LOSS
BUY BANCOINDIA AT 153159164151
FUTURES
BUY DRREDDY FUT AT 3385344035003365

Monday 27 June 2016

BREXIT FEARS GONE ?

MARKET SHRUGS OFF BREXIT CONCERNS,NIFTY ABOVE 8100,MIDCAPS OUTPERFORM WITH GAINS OF 1% ,MARKET BREADTH HEALTHY AT 5: 1 IN FAVOR OF ADVANCES

Sunday 26 June 2016

Market Review for 27th June 2016

Nifty (8089) we said “now the crucial support for the nifty is at 8200 and I would say the market is up as long as 8200 holds’ the market breached the 8200 mark and cracked due to Brexit and saw the low at 7927 and close deeply in the red…technically now 8200 has become a stiff resistance to deal with and the market being range bound…          

The support for the Nifty is at 7735 and the resistance is at 8200-8250

Wednesday 22 June 2016

tata motors

Tata Motors could be most imp stock tomorrow to watch post Brexit outcome....most sensitive to Brexit...

Monday 20 June 2016

DOW JONES

Market Review for 21st June 2016


Nifty (8239) we said “technically now 8063 has once again got relevance and breach of 8063 can make nifty slide to 8005-7937 zones…otherwise 8275 still would be a stiff resistance to work with” the market witnessed a knee jerk reaction but bounced back in the very first after open and closing in the green signifying strength…now 8123 is a crucial support to work with and uptrend still intact up…

The support for the Nifty is at 8123-8063 and the resistance is at 8275-8300

Thursday 16 June 2016

pick of the day

17-Jun-2016
PICK OF THE DAYTARGET 1TARGET 2STOP LOSS
BUY PSB AT 52575949
FUTURES
BUY TATAMOTORS FUT AT 453465474448

Market Review for 17th June 2016

Nifty (8141) we said “technically now I would say that all time high on the Nifty & the bank Nifty are under threat…crucial support is at 8137” the market turned around taking support once again near 8063 mark and closed in the red but still above the crucial support of 8137…technically now 8063 has once again got relevance and breach of 8063 can make nifty slide to 8005-7937 zones…otherwise 8275 still would be a stiff resistance to work with…  

The support for the Nifty is at 8063-8005-7937 and the resistance is at 8275-8300

Wednesday 15 June 2016

Market Review for 16th June 2016

Nifty (8207) we said “technically the market still looks weak and now if it breaks 8064 then it could head down to 8005 or even 7937 but I would maintain that 8175-8200 is a stiff resistance zone to work with” the Nifty did not breach 8064 and instead climb up  to close right near our resistance in the green…technically now I would say that all time high on the Nifty & the bank Nifty are under threat…crucial support is at 8137

The support for the Nifty is at 8137 and the resistance is at 8275-8300

technical outlook 16-6-16

TECHNICAL OUTLOOK
SCRIPCLOSESUPPORTRESISTANCEOUTLOOK
NIFTY8206.608140
8080
8000
8285
8335
8410
RESISTANCE AT 8285.
BANK NIFTY17917.9017610
17335
17170
18130
18445
18720
RESISTANCE AT 18130.
ITC359.55356
352
347
363
369
374
MILDLY BULLISH.
REL INFRA539.50528
513
504
555
565
578
MILDLY BULLISH.
VEDL119.70117
114
111
122
126
130
SELL ON RALLY.
TCS2556.852519
2480
2462
2580
2625
2660
SELL ON RALLY.
SAIL44.7043
41
40
46
47
49
MILDLY BULLISH.
SBI216.05212
207
203
220
226
231
MILDLY BULLISH.
DLF132.70128
124
121
135
138
141
MILDLY BULLISH.
INFOSYS1189.951159
1143
1119
1203
1222
1248
SELL ON RALLY.
TATA MOTORS452.10445
438
432
464
476
485
MILDLY BULLISH.
BHEL122.55118
114
109
126
129
132
SELL ON RALLY.
TATA STEEL330.25319
308
297
338
347
354
SELL ON RALLY.
WOCKPHARMA924.10916
905
887
937
953
969
SELL ON RALLY.
ONGC213.70211
204
198
217
223
229
SELL ON RALLY.
ICICIBANK247.95243
238
233
253
259
263
SELL ON RALLY.
RELCAPITAL400.05392
381
373
412
421
433
SELL ON RALLY.
RELIANCE984.60969
956
933
1001
1015
1033
SELL ON RALLY.
HDIL96.2094
92
89
97
98
99
SELL ON RALLY.
MARUTI4209.604165
4127
4073
4244
4278
4330
SELL ON RALLY.
HINDALCO115.75112
109
107
118
121
124
MILDLY BULLISH.
ACC1560.151537
1509
1489
1577
1600
1637
MILDLY BULLISH.
LT1513.801490
1444
1395
1541
1588
1626
MILDLY BULLISH.

PICK OF THE DAY 16-6-16

16-Jun-2016
PICK OF THE DAYTARGET 1TARGET 2STOP LOSS
BUY TATA SPONGE AT 664685700656
FUTURES
BUY LT FUT AT 1515155015801500

Tuesday 14 June 2016

PICK OF THE DAY 15-6-16

15-Jun-2016
PICK OF THE DAYTARGET 1TARGET 2STOP LOSS
BUY MERCATOR AT 35373834
FUTURES
BUY PNB FUT AT 89939587

TECHNICAL OUTLOOK FOR 15-6-16

TECHNICAL OUTLOOK
SCRIPCLOSESUPPORTRESISTANCEOUTLOOK
NIFTY8108.858068
8005
7930
8140
8210
8275
RESISTANCE AT 8140.
BANK NIFTY17672.4017335
17170
16885
17770
18005
18188
RESISTANCE AT 17770.
ITC353.30347
343
338
354
358
363
MILDLY BULLISH.
REL INFRA543.50528
513
504
555
565
578
MILDLY BULLISH.
VEDL114.75111
107
103
118
122
126
SELL ON RALLY.
TCS2534.852519
2480
2462
2580
2625
2660
SELL ON RALLY.
SAIL45.0543
41
40
46
47
49
MILDLY BULLISH.
SBI207.70203
198
193
212
216
220
SELL ON RALLY.
DLF132.55128
124
121
135
138
141
MILDLY BULLISH.
INFOSYS1175.001159
1143
1119
1203
1222
1248
SELL ON RALLY.
TATA MOTORS448.40438
432
426
453
464
476
MILDLY BULLISH.
BHEL121.40116
114
109
126
129
132
SELL ON RALLY.
TATA STEEL324.95316
308
297
332
347
354
SELL ON RALLY.
WOCKPHARMA919.90905
887
876
932
953
969
SELL ON RALLY.
ONGC212.80211
204
198
217
223
229
SELL ON RALLY.
ICICIBANK244.95238
233
227
248
253
259
SELL ON RALLY.
RELCAPITAL398.15381
373
365
401
414
421
SELL ON RALLY.
RELIANCE976.25956
933
919
988
1001
1015
SELL ON RALLY.
HDIL95.1592
90
89
96
98
99
SELL ON RALLY.
MARUTI4104.504073
4029
3992
4130
4165
4210
SELL ON RALLY.
HINDALCO115.60112
109
107
118
121
124
MILDLY BULLISH.
ACC1539.951509
1489
1436
1577
1600
1637
MILDLY BULLISH.
LT1460.551444
1395
1362
1490
1541
1588
MILDLY BULLISH.

Market Review for 15th June 2016

Nifty (8109) we said “technically now 8050-75 zones has become a resistance zone and downside to 8005 is possible” the market opened in the green and traded lower and closed flat for the day…technically the market still looks weak and now if it breaks 8064 then it could head down to 8005 or even 7937 but I would maintain that 8175-8200 is a stiff resistance zone to work with…

The support for the Nifty is at 8005-7937 and the resistance is at 8240-8200-8275

Monday 13 June 2016

STOCK IDEAS FOR 14-6-16

Total stock specific approach advisable
8163 a nearest resistance for NF
BSE index: (26397) 26262-26203 a crucial support. Upward side 26523-26557 a crucial resistance where profit booking will be seen, keep stop loss of 26621 to your shorts. Crossover above 26621 only it'll surge up further to 26749. Downward side break below 26203 it'll fall down further to 26056-25978. 
Nifty June Future: (8130) 8163 a nearest hurdle crossover above which it'll surge up to 8191 & 8231 where again profit booking will be seen, keep stop loss of 8250 to your shorts. Downward side 8114 & 8082 crucial supports. Break below 8082 it'll heavily fall down to 8040 & 8017. 

Bank Nifty June Future:
 (17562) 17643-17681 a crucial resistance where profit booking will be seen, keep stop loss of 17681 to your shorts. Downward side it'll fall down to 17472 & 17367. Upward side crossover above 17681 it'll surge up to 17797-17855. 
KPIT: (189.40) Buy considering 187-186 a solid support keeping stop loss of 182. Upward side it'll spurt up to 197.

MCLEOD RUSSEL:
 (197.50) Buy considering 191.50 a solid support keeping stop loss of 184. Upward side it'll spurt up to 206.50 & 214.

TATA GLOBAL:
 (128.20) Buy considering 126.50-125.50 a solid support keeping stop loss of 122. Upward side it'll spurt up to 134.

YES Bank:
 (1064.50) Break below 1053 it'll fall down to 1041 & 1034. Upward side 1072 & 1085 crucial hurdles.

SHRIRAM TRANSPORT:
 (1161) 1180 a crucial resistance where profit booking will be seen, keep stop loss of 1193 to your shorts. Downward side it'll fall down to 1118.

APOLLO HOSP:
 (1319) 1340 a crucial resistance up to which selling will be seen, keep stop loss of 1354 to your shorts. Downward side it'll fall down to 1293 & 1264. 

BHARTI AIRTEL:
 (342.50) 347-348 a crucial resistance up to which selling will be seen, keep stop loss of 351. Downward side it'll fall down to 336.50 & 330.
ULTRATECH CEM: (3389) Crossover above 3400 it'll spurt up to 3441 & 3467. Downward side 3378 & 3365 crucial supports.

Market Review for 14th June 2016

Nifty (8111) we said “the technically now there is selling pressure in the upper regions and downside to around 8074 not ruled out’ the market opened with a bear gap and sold off to see the low near our support of 8074 and closed in the red…technically now 8050-75 zones has become a resistance zone and downside to 8005 is possibly.

The support for the Nifty is at 8005 and the resistance is at 8240-8275-8300

TECHNICAL OUTLOOK 14-6-16

TECHNICAL OUTLOOK
SCRIPCLOSESUPPORTRESISTANCEOUTLOOK
NIFTY8110.608068
8005
7930
8140
8210
8275
RESISTANCE AT 8140.
BANK NIFTY17593.9517335
17170
16885
17770
18005
18188
RESISTANCE AT 17770.
ITC349.90347
343
338
354
358
363
MILDLY BULLISH.
REL INFRA536.35528
513
504
555
565
578
MILDLY BULLISH.
VEDL113.95111
107
103
118
122
126
SELL ON RALLY.
TCS2547.002519
2480
2462
2580
2625
2660
SELL ON RALLY.
SAIL43.9043
41
40
46
47
49
MILDLY BULLISH.
SBI201.80198
193
189
206
209
215
SELL ON RALLY.
DLF130.40128
124
121
134
138
141
MILDLY BULLISH.
INFOSYS1180.901168
1143
1119
1203
1222
1248
SELL ON RALLY.
TATA MOTORS444.25438
432
426
453
464
476
MILDLY BULLISH.
BHEL120.35116
114
109
126
129
132
SELL ON RALLY.
TATA STEEL323.10316
308
297
332
347
354
SELL ON RALLY.
WOCKPHARMA916.85905
887
876
932
953
969
SELL ON RALLY.
ONGC213.25211
204
198
217
223
229
SELL ON RALLY.
ICICIBANK243.75238
233
227
247
253
259
SELL ON RALLY.
RELCAPITAL393.95381
373
365
401
414
421
SELL ON RALLY.
RELIANCE981.10956
933
919
988
1001
1015
SELL ON RALLY.
HDIL94.3092
90
89
96
98
99
SELL ON RALLY.
MARUTI4134.754073
4029
3992
4165
4210
4258
SELL ON RALLY.
HINDALCO114.70112
109
107
118
121
124
MILDLY BULLISH.
ACC1546.801509
1489
1436
1577
1600
1637
MILDLY BULLISH.
LT1466.151444
1395
1362
1490
1541
1588
MILDLY BULLISH.

pick of the day 14-6-16

14-Jun-2016
PICK OF THE DAYTARGET 1TARGET 2STOP LOSS
BUY NCLIND AT 128136140123
FUTURES
SELL JINDALSTEEL FUT AT 63605865

Wednesday 8 June 2016

TECHNICAL OUTLOOK FOR 9-6-16

TECHNICAL OUTLOOK
SCRIPCLOSESUPPORTRESISTANCEOUTLOOK
NIFTY8273.058220
8160
8080
8335
8401
8470
RESISTANCE AT 8335.
BANK NIFTY17946.8017770
17335
17170
18188
18415
18760
RESISTANCE AT 18188.
ITC362.80359
353
349
366
370
375
MILDLY BULLISH.
REL INFRA540.95528
513
505
553
565
578
MILDLY BULLISH.
VEDL112.00107
103
101
115
118
122
SELL ON RALLY.
TCS2613.102589
2555
2519
2660
2690
2727
MILDLY BULLISH.
SAIL42.0041
38
37
43
45
46
SELL ON RALLY.
SBI210.70207
203
198
215
220
224
SELL ON RALLY.
DLF136.70131
129
124
138
141
145
MILDLY BULLISH.
INFOSYS1238.101222
1203
1168
1282
1313
1350
SELL ON RALLY.
TATA MOTORS466.15455
449
439
471
483
497
MILDLY BULLISH.
BHEL121.40119
116
114
125
129
132
SELL ON RALLY.
TATA STEEL341.50326
316
307
347
354
366
SELL ON RALLY.
WOCKPHARMA956.20937
905
887
969
982
1005
MILDLY BULLISH.
ONGC215.75204
200
196
219
223
229
SELL ON RALLY.
ICICIBANK257.25251
247
242
259
264
272
MILDLY BULLISH.
RELCAPITAL410.20400
389
381
421
433
441
SELL ON RALLY.
RELIANCE954.10933
919
905
971
988
1001
SELL ON RALLY.
HDIL97.1096
94

91
100
103
106
SELL ON RALLY.
MARUTI4160.104141
4119
4073
4175
4210
4258
SELL ON RALLY.
HINDALCO109.35107
104
102
111
115
119
MILDLY BULLISH.
ACC1546.751509
1489
1436
1577
1600
1637
MILDLY BULLISH.
LT1,512.501489
1444
1395
1541
1588
1615
MILDLY BULLISH.