Sunday, November 23, 2014

It was a M&A story of Kotak Bank coupled with China and Europe story fuelled the Indian markets to close again at the record highs...

Market outlook logo 24th logo
 
Greetings,

It was a M&A story of Kotak Bank coupled with China and Europe story fuelled the Indian markets to close again at the record highs...

Global Market Update:-
China's move to loosen monetary policy coupled with the European Central Bank's hints at taking similar steps to stimulate its economy sent U.S. stocks rising on Friday.
At the close of U.S. trading, the Dow rose 0.51%, the S&P 500 rose 0.52%, while the Nasdaq Composite rose 0.24%.
Stocks rose after ECB President Mario Draghi reiterated on Friday that the central bank is prepared to act rapidly if low inflation persists.Draghi also expressed concerns over the euro zone's weak growth, pointing out he saw no improvements in the coming months.
The ECB head was speaking at the 24th European Banking Congress "Reshaping Europe," in Frankfurt, and his comments sparked expectations for fresh stimulus.
The ECB's current stimulus program includes purchases of asset-backed securities and covered bonds, though markets are keeping a close eye out for plans to announce purchases of government debt, a stimulus tool known as quantitative easing that sends stocks rising as a side effect.

Indian Market Update:-
The last day of the trading brings the shine on the Dalal street which gives the huge thumbs up to the most talked Kotak Bank acquiring the ING-Vysya Bank deal close at the much lower value for the Kotak bank. As per the expectation it was a Rs.16,500 crore deal, But all is well for Kotak which closed the deal for Rs.15,000 crore which was fairly valued for both companies.Following, Banks lifted the Dalal street on week end trade with both Bench mark indices hitting and closing above all time highs.
Though Friday's close on the market shows, the markets to open on a higher note on Monday morning. There should be a correction as the open interest data shows the lack of interest buying above 8500 on Nifty. We expect the correction should be till the 8300 zone in coming weeks from where we can intiate fresh buys to see Nifty 8700 by the end December.

Recommendation: BUY ALSTOMT&D
CMP: 424
Target: 465
Stop loss: 400
Time duration: 2 WEEKS
Technical view:-
Alstom td charts
Stock is moving in a upward channel and in the last trading session gives the all time closing highs with hitting all time highs on the chart and has given a fresh signals of buying has it has also have given a bullish harami pattern on the daily charts.

DERIVATIVE PICK:-
Recommendation: BUY HEROMOTOCO
CMP: 3028
Target: 3250
Stop loss: 2980
Time duration: 2 Weeks
Technical view:-
Heromoto corp charts

The counter after the hefty correction till 61.8% of the Fibonacci retracement level stock has taken a reversal pattern forming a higher top higher bottom pattern with giving a bullish harami pattern on the daily charts with the breaking of triangular pattern breakout on daily charts

Conclusion:-
Markets to open higher But be cautious Markets enters the Danger zone don’t struck yourself...



[for detail report call  @ 09066326165] 







DISCLAIMER: Neither the information nor any opinion expressed constitutes an offer, or any invitation to make an offer, to buy or sell any securities or any options, futures nor other derivatives related to such securities ("related investments"). Investors/traders should do their due diligence before taking any action based on our analysis. Stoplosstrade.com or any of its associates or employees does not accept any liability whatsoever direct or indirect that may arise from the use of the information herein.

Friday, November 21, 2014

Last day of the trading in a week to trade in a range bound zone should end the week in a positive note....



Greetings,

Last day of the trading in a week to trade in a range bound zone should end the week in a positive note....

Global Market Update:-
U.S. stocks rose on Thursday after Wall Street applauded a flurry of upbeat U.S. economic indicators, while buoyant revenue forecast from chipmaker Intel pushed up indices as well.
At the close of U.S. trading, the Dow 30 rose 0.19%, the S&P 500 index rose 0.20%, while the Nasdaq Composite index rose 0.56%
Manufacturing activity in the Philadelphia-region expanded at its fastest rate since December 1993 in November, fueling optimism over the U.S. economic outlook, official data showed on Thursday.
The Federal Reserve Bank of Philadelphia reported earlier that its manufacturing index improved to 40.8 this month from 20.7 in October.The Labor Department reported that the U.S. consumer price index was unchanged in October, beating expectations for a 0.1% dip.On a year-over-year basis consumer prices rose 1.7% last month, unchanged from September, and stronger than market calls for a 1.6% jump.

Indian Market Update:-
As expected Indian markets continued the profit booking till the last hour of trade which witnessed high volume based buying in the Indian markets helped to close the Nifty back again above psychological level of 8400. Nifty Closed the day up 19 points at 8402 and Sensex closed at 28067 up 34 points. The bounce in the markets was lead by the IT pack tracking the weaker rupee
 Being a last day of the trade for this week it will be a range bound trading broadly on the higher side. positive close tomorrow will give the good start next week to again make all time highs on the Indian markets. We are very positive on the Indian markets still hold the targets for this year at 8700 on Nifty and 29000 on the Sensex.

Cash Recommendation:-
Recommendation: BUY GUJARATGAS
CMP: 521
Target: 600
Stop loss: 500
Time duration: 2 Weeks

Technical view:-
Stock has broken the all the resistance levels with a big volumes on the daily chart have with MACD and RSI showing a positive sign should be a buy from current levels.

DERIVATIVE PICK:-
Recommendation: BUY CIPLA
CMP: 618.5
Target: 680
Stop loss: 594
Time duration: 3 Weeks

Technical view:-
The counter after the hefty correction after the bad Q2 results have given a triangular pattern breakout with crossing above all the key Moving averages with the rupee depreciation will give the stock more strength.

Conclusion:-

Friday’s trade are always advised for a swing trade only for professional traders...

[for detail report call  @ 09066326165] 








DISCLAIMER: Neither the information nor any opinion expressed constitutes an offer, or any invitation to make an offer, to buy or sell any securities or any options, futures nor other derivatives related to such securities ("related investments"). Investors/traders should do their due diligence before taking any action based on our analysis. Stoplosstrade.com or any of its associates or employees does not accept any liability whatsoever direct or indirect that may arise from the use of the information herein.

Short this technically weak stock for a quick profit

Recommendation: Sell
Cmp:  274.50 (in futures)
Stop loss: 284
Target: 255
Duration: 3-7 days
                                           Short this technically weak stock for a quick profit


                                                             

The stock has a strong resistance zone around 300 levels which it touched twice recently and failed to break, it now has broken its short term support level of 280 with good volume.  Further it has moved below 30 Wma and Rsi is also indicating a sell from current levels. One should be looking to short this stock to catch in a profitable trade in a short time frame.

Article By Amir (Technical Analyst, HBJ CAPITAL)

[for detail report call  @ 09066326165] 









DISCLAIMER: Neither the information nor any opinion expressed constitutes an offer, or any invitation to make an offer, to buy or sell any securities or any options, futures nor other derivatives related to such securities ("related investments"). Investors/traders should do their due diligence before taking any action based on our analysis. Stoplosstrade.com or any of its associates or employees does not accept any liability whatsoever direct or indirect that may arise from the use of the information herein.

Wednesday, November 19, 2014

Markets after a consolidation again can attempt the new highs today but, expecting a profit booking anytime as Markets enters a cautious zone...

Market outlook for 19th nov
Greetings,

Markets after a consolidation again can attempt the new highs today but, expecting a profit booking anytime as Markets enters a cautious zone...

Global Market Update:-
U.S. stocks rose on Tuesday in wake of news of a major pharmaceutical merger, while upbeat European economic sentiment also boosted broader U.S. equities indices.
At the close of U.S. trading, the Dow rose 0.23%, the S&P index rose 0.51%, while the NASDAQ index rose 0.67%. U.S.
pharmaceutical Allergan Inc, which makes Botox, agreed to be acquired by Ireland's Actavis Inc in a $66 billion deal, a move that sent healthcare stocks gaining and taking up broader stock indices up with them. Canada's Valeant Pharmaceuticals  had previously sought control of Allergan, and had planned to cut Allergan's research and development spending and lay off thousands of workers.
Meanwhile in Europe, improving economic sentiment boosted U.S. stocks as well as did upbeat data back home.
The ZEW Centre for Economic Research reported earlier that its German economic sentiment index rose by 15.1 points to a four-month high of 11.5 this month from October’s reading of -3.6.

Indian Market Update:-
After the strong breakout Indian markets consolidated and it was a range bound trade to close the day flat negative Sensex closed the day at 28163 down 14 points and Nifty closed the day at 8425 down 5 points approximately.
Meanwhile European markets cheered by the statement Mario Draghi reiterating to implement the additional stimulus to prevent the lower levels of Inflation.
However, Markets to remain in the range between 8300 on the downside and the 8500 on upside.
But, for this week the 8500 on Nifty looks almost achievable. Technically we have not seen any weakness on the chart as the Nifty is trading above all key Moving averages should keep the momentum upside.
As for as today’s markets are concerned markets are set to open higher and signals of achieving 8500 on Nifty almost looks achievable. But, profit booking can be triggered at any point of time, so it is advised to trade with strict stop losses.

Cash Recommendation:-
Recommendation: BUY SONATSOFTW
CMP: 145
Target: 160
Stop loss: 140
Time duration: 2 WEEKS
Technical view:-
Stock is continuously moving in a upward channel since last many months and after touching the lower trend line of the channel again the stock is showing the signs of reversal giving a bullish harami pattern to take the stock to fresh highs in the coming weeks.

DERIVATIVE PICK:-
Recommendation: BUY BARATFORG
CMP: 941
Target: 1100
Stop loss: 900
Time duration: 4 Weeks
Technical view:-
The counter after the decent correction after hitting the life time high and moved back quite sharply in a quick time and managed to give a close above all time highs with a bullish engulfing candle stick pattern with a ascending triangular pattern breakout should take the stock to the 1100 levels in a short term of 4-5 weeks.

Conclusion:-
Markets will hit fresh highs but be cautious as profit booking may seen at any time...


[for detail report call  @ 09066326165] 










DISCLAIMER: Neither the information nor any opinion expressed constitutes an offer, or any invitation to make an offer, to buy or sell any securities or any options, futures nor other derivatives related to such securities ("related investments"). Investors/traders should do their due diligence before taking any action based on our analysis. Stoplosstrade.com or any of its associates or employees does not accept any liability whatsoever direct or indirect that may arise from the use of the information herein.

Tuesday, November 18, 2014

Market outlook

Markets End flat
Key benchmark indices bobbed above and below the flat line, before closing marginally lower, even as mid and small cap stocks continued to attract interest. At close, the Sensex and the Nifty were down about 0.05 percent each to 28,163 and 8,425, respectively.
 In the broader market, mid and small cap shares, as measured by their BSE benchmarks, rose 0.27 percent and 0.95 percent. Among sector gainers, sugar stocks witnessed strong buying amid hopes the government will soon announce sops to boost exports while jewelry stocks were down on reports fresh import curbs will be brought in for gold.
Telecom stocks too rose in trade led by bellwether Bharti Airtel, which was up 1.6 percent. Logistics shares continued their recent rally, with Container Corp and Snowman Logistics climbing 5 percent each while Patel Integrated was up 10 percent.
Shares are continuing to tread water, as they have for most part of the day, even as outperformance is seen in select pockets such as telecom, capital goods, utilities and metals. In late trading, both the BSE Sensex and Nifty are practically flat with a few points gain for both benchmarks.
In key frontline stocks, Cipla and Sun Pharma are off 0.9 percent and 1.7 percent while Kotak Bank and HDFC are down about 1.8 percent each. On the positive side, Sesa Sterlite, IDFC, BHEL and PNB are up between 2 percent and 4 percent. Bulls appear to have paused for breath after the rupee fell to a one-month low this morning to 61.8 to the US dollar, before recovering, and even as a debate rages on whether the Reserve Bank of India cut interest rates soon.


Stock Recommendation:


BUY: TATASTEEL

CMP: 486
Target: 510
StopLoss: 470


Tata Steel seems to be a good buy. The stock has been going north for a while now. The daily candle closed above the 50-day moving average. The relative strength index is above 55 and indicates significant strength gathered. With all the above technical falling in place Tata steel appears to be a strong buy.



Analysis By Lasya Reddy (Technical Analyst, HBJ CAPITAL)


[for detail report call  @ 09066326165] 







DISCLAIMER: Neither the information nor any opinion expressed constitutes an offer, or any invitation to make an offer, to buy or sell any securities or any options, futures nor other derivatives related to such securities ("related investments"). Investors/traders should do their due diligence before taking any action based on our analysis. Stoplosstrade.com or any of its associates or employees does not accept any liability whatsoever direct or indirect that may arise from the use of the information herein.

Buy SAIL to add strength to your portfolio.



Recommendation:     Buy SAIL
CMP:                           87
Target:                        110
Stop Loss:                   78
Holding Period:          10 Days



Steel Authority of India (SAIL) has taken support near to 200 day moving average and bounced back sharply with very good volumes.  Oscillators are showing positive crossover and it is making inverse head and shoulder pattern on the daily chart. The stock can test Rs 94 in next two to three trading sessions and can go all the way to 110 in the next two months.  Also, on the monthly charts, one can see a Three Outside UP pattern which is a more reliable addition to the standard Engulfing pattern.  A bullish Engulfing pattern occurs in the first two candles. The third candlestick is confirmation of the bullish trend reversal.  Also, one can see Harami Pattern on the five hour charts which is a two-candlestick pattern composed of a relatively small black real body contained within a prior relatively long white real body. It signals that the current uptrend is losing strength.  The shadows of the second candlestick do not have to be contained within the first candle’s body, though it's preferable if they are.  The Harami indicator should be confirmed with the next candlestick.  The Harami pattern is also the first two candlesticks of the Three Inside patterns. It is not as significant reversal pattern as the Hanging Man or Engulfing, but it can signify a small pullback but the long term prospects remain intact.

Fundamental View
On November 18, 2014, at 12:07 hrs Steel Authority of India was quoting at Rs 87.80, up Rs. 2.40, or 2.81 percent. The 52-week high of the share was Rs. 112.90 and the 52-week low was Rs. 54.05.  The company's trailing 12-month (TTM) EPS was at Rs. 5.24 per share as per the quarter ended September 2014. The stock's price-to-earnings (P/E) ratio was 16.76. The latest book value of the company is Rs. 103.30 per share. At current value, the price-to-book value of the company is 0.85.

SAIL has a diversified product mix, well established nationwide marketing network, captive iron ore resources, skilled manpower, captive power plants, and land bank for future expansion, dedicated R&D wing, and strong balance sheet. Further, the ongoing modernization is going to take SAIL ahead in terms of modern technology adoption, automation, product quality, bigger product basket, and process efficiency and diversification opportunities.  SAIL has the largest captive iron ore operations in India which takes care of its entire requirement. With plans in place to expand the mining operations, the Company will continue to be self-sufficient in iron ore after completion of the on-going phase of expansion.  SAIL’s large skilled manpower base is a source of strength. With continuous emphasis on skill based and multi-skill training, SAIL has achieved Labor Productivity of 278 tons of Crude Steel per man per year during the Financial Year 2013-14.  SAIL’s captive Power Plants take care of about 70% of its total power need. With augmentation of capacities of Power Plants operated under Joint Venture, the Company will continue to have security in this key input in future as well.  Low overall borrowings lend strength to the Company’s Balance Sheet as it can mobilize resources while keeping the leveraging at manageable levels.

Analysis By Joby Klapton ( Technical Analyst, HBJ CAPITAL)

[for detail report call  @ 09066326165] 








DISCLAIMER: Neither the information nor any opinion expressed constitutes an offer, or any invitation to make an offer, to buy or sell any securities or any options, futures nor other derivatives related to such securities ("related investments"). Investors/traders should do their due diligence before taking any action based on our analysis. Stoplosstrade.com or any of its associates or employees does not accept any liability whatsoever direct or indirect that may arise from the use of the information herein.

Indian markets closes above all time highs and today might another day for breaking the record again...

Market outlook green logo

Greetings,

Indian markets closes above all time highs and today might another day for breaking the record again...

Global Market Update:-
U.S. stocks ended Monday mixed to higher after dovish comments from European Central Bank President Mario Draghi offset news that Japan unexpectedly fell into a recession last quarter.
At the close of U.S. trading, the Dow rose 0.07%, the S&P rose 0.07%, while the Nasdaq fell 0.37%. European Central Bank President Mario Draghi said earlier that policymakers will do what it takes to bolster the European economy, which offset news of Japan's recession.Draghi said "unconventional measures" needed to ensure recovery could involve the purchases of sovereign debt, a monetary policy tool otherwise known as quantitative easing that aims to suppress long-term borrowing costs to spur recovery, with stocks rising as an intended side effect
The ECB’s current stimulus program includes purchases of asset-backed securities and covered bonds. European indices, meanwhile, ended the day higher.
After the close of European trade, the France's CAC rose 0.56%, while Germany's rose 0.26%.

Indian Market Update:-
Indian Markets as expected closes at the new record high after the trade deficit data narrowed from 14.25 to 13.36 billion dollars added the fuel to the sentiments in the Indian markets helped the Benchmark indices to close at record highs with Sensex closing at 28178 up 131 points and Nifty closed at 8430 up 40 points.
With the Indian growth story becomes very positive compared to its global peers and the FII inflow is seen robust should take the Markets to newer highs by end of this year as earlier said it should be 29000 on Sensex and 8700 On Nifty. 
Technically also MACD and ADX is showing a positive momentum on the charts and on Option front we can see the Open Interest build up towards the long side that is on 8500 and 8600 call options also Indicating the Rally to be intact. But, we expect bit of the profit taking at the psychological levels of 8500 on Nifty.

Recommendation: BUY COX&KINGS
CMP: 309
Target: 360
Stop loss: 290
Time duration: 2 WEEKS
Technical view:-
The counter after the decent correction from the high point has shown the signs of reversal giving a bullish engulfing candle stick pattern. And also forming the higher bottoms and looks to break the trend line on the upside should take the stock to its previous highs.

DERIVATIVE PICK:-
Recommendation: BUY RELCAPITAL
CMP: 502
Target: 600
Stop loss: 460
Time duration: 2 Weeks
Technical view:-
The stock has broken the short term trend line on the upside with the triangular pattern break out with bullish engulfing candle stick pattern. MACD momentum indicators enters the bullish zone on daily charts and RSI momentum oscillator signifies well in the bullish zone with stock moving above all the key Moving averages.

Conclusion:-
Buy the markets but with cautious note as the now the markets are in a danger  zone...

[for detail report call  @ 09066326165] 








DISCLAIMER: Neither the information nor any opinion expressed constitutes an offer, or any invitation to make an offer, to buy or sell any securities or any options, futures nor other derivatives related to such securities ("related investments"). Investors/traders should do their due diligence before taking any action based on our analysis. Stoplosstrade.com or any of its associates or employees does not accept any liability whatsoever direct or indirect that may arise from the use of the information herein.

Monday, November 17, 2014

Reliance capital after a 127% extended correction Fibonacci will outperform this winter session of parliament ahead of the Insurance bill getting passed

rel cap logo
 
Recommendation: BUY RELCAPITAL
CMP: 502
Target: ???
Stop loss: 465
Time duration: 3 Weeks

TECHNICAL VIEW:-
The stock has broken the short term trend line on the upside with the triangular pattern break out with bullish engulfing candle stick pattern. MACD momentum indicators enters the bullish zone on daily charts and RSI momentum oscillator signifies well in the bullish zone with stock moving above all the key Moving averages.
Rel capital charts
Fundamental View:- 
Reliance Capital  reported 20 percent rise in its second quarter net profit to Rs 217 crore versus Rs 181 cr year-on-year, helped by robust growth in mutual fund, commercial finance and general insurance businesses.
the new business premium on the life side was over Rs 580 crore which was nearly 16 percent growth. The total new business premium plus renewals was Rs 1100 crore and that is about 11 percent growth rate
Financial services major’s focus has been on traditional business especially on the non-participating business where nearly 60 percent of our total business comes from and nearly 25 percent comes from the ULIPS front.
Among other businesses, commercial finance and general insurance also witnessed significant growth. On the health insurance business, there is tremendous potential. Nearly 25 percent of the overall portfolio today is health insurance.
[for detail report call  @ 09066326165] 







DISCLAIMER: Neither the information nor any opinion expressed constitutes an offer, or any invitation to make an offer, to buy or sell any securities or any options, futures nor other derivatives related to such securities ("related investments"). Investors/traders should do their due diligence before taking any action based on our analysis. Stoplosstrade.com or any of its associates or employees does not accept any liability whatsoever direct or indirect that may arise from the use of the information herein.

Sunday, November 16, 2014

IRB again after stellar Q2 have taken a reversal technically should re-initiate a buy

IRB LOGO
 
Recommendation: BUY IRB
CMP: (Previous Buying was at 242 zone on 22nd October)  Current 268
Target: 306
Stop loss: 255
Time duration: 3 Weeks

TECHNICAL VIEW:-
The counter has started to move in a upward channel after the steep fall from the earlier highs. Adding to the buy call given on 22nd of October we still extend the target price for IRB to 306 in the time period of just 3 weeks. Counter technically has formed double bottom candle stick formation giving a bullish hammer close on the previous day suggest fresh buying with RSI and MACD showing a bullish signs on the charts.
IRB charts
Fundamental View:- 
IRB Infrastructure Developers today reported a 14 per cent increase in consolidated net profit at Rs 121.73 crore for the quarter ended September 30 Its net profit stood at Rs 106.81 crore in the same quarter a year-ago.
The company's total income during the quarter, however, declined six per cent at Rs 911.96 crore from 967.42 crore, a company release said.
"The marginal decline in turnover is on the back of the revenue mix we have--toll and construction income. While the toll income has improved, the income from the construction segment has reduced. But as more projects start getting operational, our construction income will also increase," IRB Infrastructure Chairman and Managing Director Virendra Mhaiskar said.
The board of directors of the company has approved an enabling special resolution for issue of securities for an amount not exceeding Rs 1,500 crore subject to shareholders' approval.
IRB's order book currently stands at around Rs 11,600 crore out of which Rs 9,650 crore worth orders are to be executed in the next three to four years, it said.
 
[for detail report call  @ 09066326165] 







DISCLAIMER: Neither the information nor any opinion expressed constitutes an offer, or any invitation to make an offer, to buy or sell any securities or any options, futures nor other derivatives related to such securities ("related investments"). Investors/traders should do their due diligence before taking any action based on our analysis. Stoplosstrade.com or any of its associates or employees does not accept any liability whatsoever direct or indirect that may arise from the use of the information herein.