Friday, January 23, 2015

Greetings,
Global Market Update:-
U.S. stocks rallied for a fourth day as the European Central Bank unveiled an expanded stimulus plan and regional banks and transportation companies posted better-than-forecast earnings.
The Standard & Poor’s 500 Index (SPX) gained 0.6 percent to 2,044.16 at 1:21 p.m. in New York. The gauge is trading near its average price for the past 50 days. The Dow Jones Industrial Average climbed 98.70 points, or 0.6 percent, to 17,652.98. Trading in S&P 500 companies was 19 percent above the 30-day average for this time of the day.
KeyCorp led gains among regional banks after fourth-quarter results topped analyst estimates. Union Pacific Corp. added 4.8 percent as a strengthening U.S. economy and growing construction market boosted traffic on the rails in the fourth quarter. EBay Inc. increased 5.5 percent after entering a standstill agreement with activist investor Carl Icahn.

Indian Market Update:-
After a day of consolidation the market ended at record closing high on Thursday, gaining for the sixth consecutive session ahead of European Central Bank meeting outcome later in the day. NSE Nifty rose 31.90 points to 8761.40.

Healthcare, metals, capital goods, select technology and auto stocks supported the market. However, the fall in index heavyweights like ITC, Reliance Industries and HDFC capped the upside. Sun Pharma was the biggest gainer on the Sensex, up 3.65 percent while its rivals Cipla and Dr Reddy’s Labs gained 1-1.7 percent.

Among banking & financials, Axis Bank was up 3.3 percent. ICICI Bank and HDFC Bank closed marginally higher whereas State Bank of India declined 0.44 percent. Housing finance company HDFC fell 0.4 percent on profit taking after rising nearly 8 percent in previous two consecutive sessions.

Tata Motors surged 2.7 percent on launching Bolt petrol variant at Rs 4.65-6.35 lakh (ex-Mumbai) and diesel variant at Rs 5.75-7.32 lakh (Ex-Mumbai) today. The company said it already received 50,000 bookings so far.

The market breadth was negative as declining shares outnumbered advancing ones on the Bombay Stock Exchange by a ratio of 1580 to 1347. 


CONCLUSION:
Following the Strong Global cues, Market is likely to open on a positive note but might take correction towards the day end. It would be better to wait for correction before initiating fresh buys.
Strong Bullish Above
8813(FUTURES)
Strong Bearish Below
8738(FUTURES)



Derivative Pick: Sell Reliance(only below 882.70)
CMP:887.05
Stoploss: 905
Target:865-855
Duration:3-5 days
Technical View:
The stock has had a strong rally, but had a resistance level of 909-910 which it was unable to cross.It has also formed an evening star pattern near the resistance which usually takes the stock down , provided it breaks the low of 882.75 , one should be looking to short the stock.



Cash Pick: BUY Mothersumi
CMP:476.75
Stoploss: 460
Target: 495-505
Duration: 5-7 days
Technical View:
The stock has broken its resistance levelof 465-470 levels. It has also formed a triangle pattern giving a breakout with increase in volume from last two trading sessions. With no resistance overhead one should be looking to buy the stock from current levels





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.

Thursday, January 22, 2015


Greetings,

Global Market Update:-
U.S. stocks rose for a third day as energy shares rallied and speculation grew that the European Central Bank will provide more stimulus.
The Standard & Poor’s 500 Index (SPX) rose 0.6 percent to 2,034.85 at 12:33 p.m. in New York. The Dow Jones Industrial Average added 47.77 points, or 0.3 percent, to 17,563. Trading in S&P 500 companies was 10 percent above the 30-day average for this time of the day.
Energy companies climbed 1.7 percent for a third day of gains. International Business Machines Corp. slipped 3.5 percent after its earnings forecast trailed some estimates.
Indian Market Update:-
Today Nifty Closed above 8700 for first time after consolidationg between 8709-8759 and finally closed the day at 8729.50 up 33.90 points or 0.39 percent .

The market gained for the fifth consecutive session on Wednesday by taking consistent support from stocks like HDFC, Infosys, HUL and SBI.

FMCG majors moved in opposite direction today. Hindustan Unilever saw huge buying interest in last hour of trade, up 5 percent. However, ITC tanked 5 percent after its Q3 earnings missed on all counts. It reported slow growth in cigarette business, the major contributor to its revenues.

CONCLUSION:
Currently Nifty is  highly overbought at current levels and might take a correction today before resuming its uptrend.
Strong Bullish Above
8780.65(FUTURES)
Strong Bearish Below
8693.16(FUTURES)


Cash Recommendation:-
Recommendation: Buy Ashokley
CMP: 63.75
Target: 61.50
Stop loss: 68
Time duration: 3-7 days


Technical view:-The stock has been moving in a narrow range from past few sessions and had formed a triangle pattern giving a breakout with strong volume. It has also broken its resistance level which should take the stock to higher levels

Derivative Recommendation:-Sell Ultracemco (only below 3052)
CMP: 3078
Target: 2940
Stop loss: 3100

Time duration: 2-4 days



Technical view:

Stock has been in a sharp uptend from 2400 levels without taking a decent correction, it has formed a resistance level around 3140-3150 levels, and is unable to cross it from last 3 sessions. Applying the Fibonacci Retracements levels ,stock should correct atleast to 2870-2900 levels from here.


Get Informed Trades...

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, January 21, 2015


Greetings,

Global Market Update:-
U.S. stocks declined as results from Johnson & Johnson to Morgan Stanley disappointed, while oil slid as the International Monetary Fund lowered its outlook for global growth. European equities gained on speculation the region’s central bank will boost stimulus. Gold advanced.

The Standard & Poor’s 500 Index fell 0.4 percent at 12:59 p.m. in New York. Health-care companies and homebuilders led declines. West Texas Intermediate oil sank 3.9 percent. The Stoxx Europe600 Index rose for a fourth day.
Indian Market Update:-
The index opened up and went to make newer highs in a strong Trend Day to close near the top at 8695.60, a huge gain of 144.90 points. The broader market was also positive, with 859 advances to 683 declines.

FII’s bought huge 20.93 lakhs Futures, which includes 114695 contracts long build-up and 13259 contracts short build-up, with increase in net OI by 110221 contracts (includes 169323 longs to 85620 shorts for the day) and the Average Price comes to 9070.72.

Call option 8700-9000 added huge 14.18 lacs OI with short covering seen at 8600 and lower strike prices.
Bank Nifty closed up 361 points at 19767.05
Bank Nifty Open Interest is at 21,79,100 up by 41,350, with increase in price, most probably huge long build-up.
 CONCLUSION:
The Nifty long term trend is up, but currently it is highly overbought and might take a correction today before resuming its uptrend.

Cash Reccomendation: Buy Jindalstel
CMP: 155.35
Stoploss:144
Target : 170
Duration : 5-7 days
                                             WHY JINDALSTEL?
The stock has taken a strong support around 145 levels. It has formed a Flag pattern and given a breakout today with increase in volume, macd is further confirming a buy from here.


Derivative Pick: Sell ExideInd
CMP:180.80
Stoploss: 185
Target: 172
                                                          WHY EXIDEIND?
The stock has had a sharp rally and now has broken its rising trendline , it has also formed a triangle pattern and has given a breakout which is likely to take the stock to lower levels.


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, January 20, 2015



Greetings,

Global Market Update:-
European stocks advanced for a third day, extending their highest level since 2008, amid investor expectations the European Central Bank will announce a plan for quantitative easing this week.
The Stoxx Europe 600 Index added 0.2 percent to 353.18 at the close of trading. The equity gauge pared gains in the final hour after earlier increasing as much as 0.7 percent. Stocks climbed to a 7-year high on Friday as rising oil producers outweighed a slump in Swiss shares. Switzerland’s SMI Index rebounded 3.2 percent today after posting its worst week since 2008 following the Swiss National Bank’s surprise move to end a cap on the franc.
Wall Street’s top lobbying group said President Barack Obama’s plan to raise $110 billion over the next decade through a new tax on financial companies could stifle economic growth and make banks less likely to lend.
S&P 500 had last closed its Friday session  at 2019.42 up 26.75 or 1.34%


Indian Market Update:-

Nifty had a perfect day of consolidation today, another DOJI formation. A range of 8526-8545 is important supply zone unable to cross, nifty can see pullback to 8400 before marching towards new high.  Nifty closed above 8550 suggesting supply is getting observed.

FII’s bought 1.3 K contract of Index Future worth 56 cores, 1.7  K Long contract were added  by FII’s and 0.4 K  short contracts  were added by FII’s. Net Open Interest increased  by 2.2 K contract ,so FII’s added both long and   shorts in index future in a dull day of trading.

The Nifty is likely to trade with a bullish bias as long as the index sustains above 8,530-odd level. On the upside, the Nifty can surge to 8,700-odd level.

CONCLUSION:
The Nifty is likely to trade with a bullish bias as long as the index sustains above 8,530-odd level.

DERIVATIVE PICK: SELL HINDUNILVR (ONLY BELOW 890)
CMP: 897
STOPLOSS: 915
TARGET: 850
DURATION: 3-7 DAYS
                                                           
                                                WHY HINDUNILVR?
The stock has had a sharp rally from 750 levels, now it has formed a bearish engulfing pattern engulfing almost last three candles, and because of the sharp rally before its results which were announced yesterday, its likely to have some profit booking, which will take the stock temporarily to lower levels. Look to short the stock but only if it breaches 890 levels.


CASH RECCOMENDATION: BUY UPL
CMP: 371.5
STOPLOSS:360
TARGET: 390

DURATION: 5-7DAYS

                                                            WHY UPL?
The stock has formed a Head & Shoulder pattern and has given a breakout; it has also broken its resistance of 369-370 levels. It is in the third wave of Elliot, which is likely to take the stock higher from here.



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, January 19, 2015



Greetings,

Global Market Update:-
The franc gained against every currency after Swiss National Bank’s unexpected decision to abandon the currency’s cap versus the euro drove one of the biggest shakeups in foreign-exchange history.
The euro dropped the most against the franc since the common currency’s 1999 inception as the SNB’s decision boosted speculation .The European Central Bank will announce additional stimulus measures when it meets on Jan 22nd. The yen rallied and volatility jumped to a more than one-year high as investors sought the safest assets amid the rout. Canada’s dollar, the Russian ruble and other commodity currencies slumped as oil plunged to an almost six-year low.
The franc appreciated 21 percent to 99.41 centimes per euro this week. It jumped as much as 41 percent to 85.17 centimes, the strongest since the euro’s 1999 debut and capping one of the biggest currency moves since the collapse of the Bretton Woods system in 1971.
The yen rallied 0.8 percent to 117.51 against the dollar and reached 115.86, the strongest in a month. Japan’s currency added 3.2 percent to 135.95 per euro for a third weekly gain. The shared currency slumped 2.3 percent to $1.1567, the biggest weekly loss since July 2012.
S&P 500 ended Friday session at 2019.42 up 26.75 or 1.34% ending the five day losing Streak.
Indian Market Update:-
The NSE Nifty Index inched up by 19.65 Points, Or 0.23 Per Cent, to close above the 8,500-Mark at 8,513.80 on buying in Blue-Chips Of Consumer Durable, Pharma and Power Sectors and Logged Its best Weekly Gain in over two Months.

In a session of Consolidation, Indices built On the Thursday’s Rally, even though Global Cues were weak.
Decline in the Country’s Trade Deficit To 10-Month Low in December and the Surprise Rate Cut by RBI kept sentiments buoyant. Good Buying by Foreign Funds also gave support as FPIs bought shares worth Rs 1,738.24 Crore as per Provisional Data with Stock Exchanges.
However, Some Banking Shares, mainly from Public Sector, attracted Profit-booking IT And Technology Stocks also turned Tepid after TCS reported marginal dip In Quarterly Profit.
Rise In Sun Pharma, HDFC Bank, L&T, HUL, M&M, RIL, ITC, ICICI Bank, Coal India, Dr Reddy’s, Cipla and BHEL Helped the Sensex End in the Positive Zone for the Second Straight Day.

On a Weekly Basis, the Sensex gained 663 Points. This is its best Weekly rise since October 31, 2014
Markets remained in a very narrow range but in bullish mode to adjust for the effect of a Interest Rate Cut.

CONCLUSION:
Market to open in positive and remain in positive territory, be on the long side.


DERIVATIVE PICK:-
Recommendation: BUY IDEA
CMP: 152
Target: 147
Stop loss: 160

Time duration: 2-5 DAYS


The stock has had a good rally from 160 levels and has given a good correction forming a flag pattern and has now given a breakout which is likely to take the stock higher .Macd is further confirming a buy from here .


Cash Recommendation:-
Recommendation: BUY M&M
CMP: 1304.60
Target: 1370
Stop loss: 1260
Time duration: 5-7 days




Reasons:
The stock has formed a double bottom pattern giving a breakout with strong volumes, it has also broken its short term resistance of 1285-1290 levels which is likely to take the stock to higher levels.

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, January 16, 2015





Greetings,

Global Market Update:-

U.S. stocks fell for a fifth straight day as banks and Best Buy Co. slid amid corporate earnings to overshadow gains in mining companies.
Bank of America Corp. and Citigroup Inc. fell at least 2.5 percent as both banks reported a drop in fourth-quarter profit as revenue from fixed-income trading declined. Best Buy tumbled 13 percent as the largest electronics retailer warned that price pressure and sluggish demand may hamper results in the coming year. A gauge of homebuilders plunged the most since July 2013. Newmont Mining Corp. jumped 7.9 percent as copper rebounded.
Equity futures fluctuated earlier in the day after Switzerland’s central bank unexpectedly gave up its minimum exchange rate.
Indian Market Update:-

Unexpected Rate cut from RBI gave extra boost to the bulls
Banking Shares Have Rallied by Up To 6% On National stock exchange (NSE) In Early Morning Trade After The Reserve Bank Of India (RBI) Governor Raghuram Rajan Unexpectedly Cut The Benchmark Repurchase Rate By 25 Basis Points To 7.75% From 8%.
State Bank Of India (SBI), ICICI Bank, Kotak Mahindra Bank, Yes Bank, Allahabad Bank, Bank Of Baroda, Indian Overseas Bank, Syndicate Bank, Canara Bank, Punjab National Bank And Bank Of India Are Up Between 3-6% On NSE.
The RBI Has Reduced The Policy Repo Rate Under The Liquidity Adjustment Facility (LAF) By 25 Basis Points From 8.0% To 7.75% With Immediate Effect,” RBI Said In A Statement.
The Cash Reserve Ratio (CRR) Of Scheduled Banks Unchanged At 4.0% Of Net Demand And Time Liabilities (NDTL), It Added.
CONCLUSION:
Pre-budget rally and RBI rate cut likely to take Nifty to new highs, be on the long side of the market.

DERIVATIVE PICK:-
Recommendation: BUY DLF
CMP: 147.80
Target: 155
Stop loss: 142
Time duration: 2-5 DAYS

The stock has been trading in a channel for a long time and has formed a double bottom pattern; it has given a breakout today with strong volume.

Cash Recommendation:-
Recommendation: BUY GOLDINFRA
CMP: 15.80
Target: 17.80
Stop loss: 14.80
Time duration: 1-2 WEEKS

A technically strong penny stock, should be bought from current levels for atleast 10-20% return within  a months period
Reasons:


Has been trading in the range of 12-14.50 from past few months , it has strongly given a breakout from this channel with  strong volume  ,besides the volume is constantly increasing from past few sessions indicating a strong accumulation in the stock

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.

Thursday, January 8, 2015

Markets to continue the winning streak...

market outlook logo

Greetings,

Markets to continue the winning streak...

Global Market Update:-
U.S. stocks climbed on Thursday, after equities snapped a five-day losing skid and data pointed to a labor market that continued to strengthen. The advance was broad, with 8 of the 10 major S&P sectors gaining at least 1 percent. Initial claims for state unemployment benefits were slightly above expectations but slipped by 4,000 from the prior week.
The benchmark S&P index climbed 1.2 percent Wednesday, its biggest advance since Dec. 18, to snap its longest losing streak in about 13 months, after strong private sector jobs data and minutes from the most recent Federal Reserve meeting reassured investors the bank was in no hurry to start raising interest rates. After reaching a record high on Dec. 29, the S&P lost 4.2 percent during its losing streak, amid headwinds from a continued rout in oil prices and the possibility of Greece's exit from the euro zone following its upcoming elections.
The European Central Bank said that access to ECB funding by Greek banks past February will depend on the country successfully completing a final bailout review and reaching a deal on a follow-up plan with its EU/IMF lenders.

Indian Market Update:-
Indian Markets ends the 3 days loosing streak with a smart recovery tracking the strong global cues back on track after the Greek exit news stirs the global markets. With rupee giving a strong support gives additional boost to the Indian markets.
All the indices ended the day with a positive note to continue the winning momentum intact in coming days. Technically Nifty closing above the 8200 mark suggests the buying to continue till the 8400 mark with a big volumes.

Recommendation: BUY DELTACORP
CMP: 95
Target: 110
Stop loss: 90
Time duration: 2 WEEKS
Technical view:-
Stock has broken the falling trend line with the strong volumes and stock is making higher top and higher bottom pattern with bullish engulfing candle stick pattern and closing above all the key moving averages is a good buy.

DERIVATIVE PICK:-
Recommendation: BUY VOLTAS
CMP: 243
Target: 265
Stop loss: 235
Time duration: 2 Weeks
Technical view:-
Stock has formed bullish harami pattern with the bullish engulfing candle with huge volumes on the daily charts stock is moving in a short term rising trend line with crossing the key moving averages will be a good buy.

Conclusion:-
Just buy any banking stock of your choice...

[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.