Friday, October 31, 2014

US GDP data beats the forecast and this shows the global economic recovery on speedy phase...

Market outlook green logo
 
Greetings,

US GDP data beats the forecast and this shows the global economic recovery on speedy phase...

Global Market Update:-
U.S. stocks rallied on Thursday on news the U.S. economy expanded at a faster clip in the third quarter than investors were expecting.
At the close of U.S. trading, the Dow rose 1.01%, the S&P index rose 0.62%, while the NASDAQ index rose 0.37%.
The Commerce Department reported earlier that the U.S. gross domestic product grew at an annual rate of 3.5% in the three months to September, beating forecast for 3% growth.
While the report stoked expectations that the Federal Reserve remains set to hike interest rates in 2015, stocks rose on sentiments that business will be on the rise next year despite rising borrowing costs.On Wednesday, the Federal Reserve said it was ending its monthly bond-buying program due to improvements taking place in the labor market.
European indices, meanwhile, ended the day higher.After the close of European trade, the France's CAC  rose 0.74%, while Germany's DAX rose 0.35%. Meanwhile, in the U.K. the FTSE  rose 0.15%.

Indian Market Update:-
Cheers in the Indian Markets after the FOMC outcome, Markets hits all time highs on the Expiry day is a good Indication for the November series.
However, Today's close signals the strong start to November series, but could witness in some profit taking on the cards ahead of the week end. Technically now the markets confirms it will be buy on dips markets for the month of November and December for the Markets.
Any shallow correction of 1-2% should be strongly bought. All the momentum indicators on the technical charts also signals the bullish signals going forward.
As for as Today’s markets are concerned, Markets to open at a new mile stone and to keep its momentum up on the upside. But second half or last hour could witness in profit taking ahead of the week end.
Strong support for Nifty is coming at 8000 levels and resistance above 8300 in the short term.
 
Cash Recommendation:-
Recommendation: BUY EMAMILTD
CMP: 800
Target: 900
Stop loss: 750
Time duration: 2 Weeks
Technical view:-
The stock is in a clear uptrend and now after a shallow correction has given a close above all time highs with a hammer candle stick. Stock is also making a higher top higher bottom pattern could take the stocks to fresh highs.
EMAMILTD charts

DERIVATIVE PICK:-
Recommendation: BUY CENTURYTEX
CMP: 559.50
Target: 650
Stop loss: 500
Time duration: 2 WEEKS
Stock has given a strong breakout above the trend line making higher top and higher bottom with bullish engulfing pattern on the candle stick with high volumes on the daily chart and stock has also given the triangular pattern breakout should take the stock to its previous highs.
Cent text charts
Conclusion:-
Nifty to trade positive but profit booking can be seen in the last hour ahead of week end....




[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, October 29, 2014

Indian markets bounces ahead of the FED meet....


Market outlook green logo
Greetings,

Indian markets bounces ahead of the FED meet....

Global Market Update:-

U.S. stocks climbed in afternoon trading on Tuesday, following stronger-than-expected earnings and an upbeat consumer confidence reading.
Helping the day's upbeat tone, U.S. consumer confidence rose in October to its highest since October 2007. The data overshadowed a separate report showing new orders for capital goods by U.S. businesses fell the most in eight months in September.
The majority of U.S. companies reporting third-quarter results have beaten analysts' expectations so far, easing some worries about the impact of weak global demand on corporate profits.Corporate earnings continue to surprise and that has been the wind in the sails of this rebound,
Investors were awaiting clues on the outlook for the U.S. economy from the U.S. Federal Reserve as the central bank commenced a two-day policy meeting. It is expected to reinforce expectations it will wait a long while before rising interest rates, though the Fed is all but certain to announce the end of its massive bond-buying stimulus.
Indian Market Update:-
Indian markets rebound on the second day of the expiry week tracking the Goldman Sachs Bullish Outlook on the S&P 500 and supported buy Ranbaxy earnings and Large cap bank stocks ahead of their quarterly results.

Sensex closed the day at 26880 up 128 points and Nifty closed at 8027 up 36 points. 

However, This series for Nifty is capped at 8100 on the upside and 8000 at the bottom. Expecting the November series to be rocking and we could see Nifty making historical highs. 

Tomorrow again Nifty can give a positive open but cautiously in the range bound as markets awaits FED policy meet tomorrow evening. Trading on Thursday  will be a very high volatile day.

Strong resistance zone for Nifty now at 8100 and support levels are at 8000 psychological level.
Cash Recommendation:-
Recommendation: BUY NCC
CMP: 49.50
Target: 60
Stop loss: 45
Time duration: 2 WEEKS
Technical view:-
After the island gap down and correction stock has finally have taken a strong reversal and managed to break the island pattern and given a break out above the trend line with a bullish engulfing candle stick pattern can now take the stock back to around 60 levels in 2 weeks of time.

DERIVATIVE PICK:-
Recommendation: BUY RANBAXY
CMP: 634
Target: 710
Stop loss: 600
Time duration: 2 Weeks
RANBAXY has given a strong breakout above the trend line making higher top and higher bottom with bullish engulfing pattern on the candle stick with high volumes on the daily chart and stock has also given the triangular pattern breakout should take the stock to its previous highs
Conclusion:-
Nifty to trade positive but profit booking can be seen in the last hour as FED meet is awaited....




[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, October 28, 2014

Indian markets begin the expiry week on a weak note, Ahead of Fed policy meet on Wednesday, Markets to trade in a range bound....

Market outlook green logo

Greetings,

Indian markets begin the expiry week on a weak note, Ahead of Fed policy meet on Wednesday, Markets to trade in a range bound....

Global Market Update:-
U.S. stocks drifted lower in listless trading on Monday as investors bought and sold equities betting on winners and loser from falling oil prices, while fears that an Ebola outbreak in the U.S. was still possible pressuring prices lower as well.
At the close of U.S. trading, the Dow rose 0.07%, the S&P index fell 0.15%, while the NASDAQ  index rose 0.05%. Oil prices dropped though they came off earlier lows after Goldman Sachs Group Inc cut its oil price forecast for WTI in the first quarter of next year by $15 to $75 a barrel. OPEC countries have hinted recently they may leave output quotes unchanged and have stressed the need to adapt to lower prices.
OPEC will hold its next meeting on Nov. 27, but investors bought and sold stocks ahead of time on concerns energy companies may see less revenue while others may see energy costs fall.
European indices, meanwhile, ended the day lower.After the close of European trade, the France's CAC  fell 0.78%, while Germany's DAX fell 0.95%. Meanwhile, in the U.K. the FTSE fell 0.40%.
Indian Market Update:-
Indian markets started the day well with a positive cue from US earnings report and Indian Finance minister's indicating the Interest cuts may be on the cards to boost the construction sector.
Lost all the gains as the German info business climate data failed to deliver as per the expectations and Goldman Sachs slashed the 2015 oil target by another 10-15$ also weighed on the sentiment.However, Growth story for India is positive in the long term where drop in oil prices will add 0.5% to the Indian GDP.
Sensex closed the day at 26753 and Nifty at 7991 below the psychological level of 8000.
Today it seems to be the positive morning to the Indian markets, it may open once again above 8000 mark on Nifty which is key level. But, ahead of the Fed policy meet markets will be cautious on the statement the Fed delivers on the interest rate decision. However the Nifty has the strong support zone at 7900 and key resistance only above 8050
 Cash Recommendation:-
Recommendation: BUY PIPAVAVDOC
CMP: 43
Target: 50
Stop loss: 40
Time duration: 2 WEEKS
Technical view:-
Pipavav doc charts
After trading in a downward channel for the long time the counter has given a breakout above the channel and moving higher. From all time highs the stock has corrected 127% of Fibonacci and now forming the Dragon fly doji candlestick pattern stock has confirmed the rally.
 DERIVATIVE PICK:-
Recommendation: BUY M&MFIN
CMP: 289.5
Target: 310
Stop loss: 278
Time duration: 2 Weeks

mnm fin charts
M&MFIN has given a strong breakout above the trend line making higher top and higher bottom with bullish engulfing pattern on the candle stick with high volumes on the daily chart and stock has also given the triangular pattern breakout should take the stock to its previous highs

Conclusion:-
Nifty to be in a Range bound session, swing trade opportunities in Intraday....

[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, October 26, 2014

A strong break out of the trend line to take the Kotak bank to newer highs...

Kotak logo
 
Recommendation: BUY KOTAK BANK
CMP: 1061
Target: 1200
Stop loss: 1060
Time duration: 4  Weeks

Technical view:-
 Kotak Bank has given a break out and broken the trend line on the upside with a big volumes on the daily charts with a bullish engulfing candle stick pattern and the stock has corrected recently till the Fibonacci levels of 61.8% from its recent rally and have bounced back strongly. In addition the Momentum Indicator MACD has crossed over the signal line and entering the bullish zone on the charts and Momentum RSI oscillator has closed at 60 which is a strong bullish level also confirms the buy on the stock.
 
Kotak bank charts

Fundamental View:-
 Private sector lender Kotak Mahindra Bank  's second quarter standalone profit after tax beat street expectations, rising 26 percent year-on-year to Rs 444.5 crore led by strong other income and lower provisions.
 Profit in the year-ago period was Rs 352.54 crore. Standalone (includes only banking operations) net interest income rose by 12.4 percent, in-line, to Rs 1,039 crore in the quarter ended September 2014 compared to Rs 924.11 crore in same quarter last year.
 According to the average of estimates of analysts polled by CNBC-TV18, profit was estimated at Rs 406 crore and net interest income at Rs 1,034 crore for the quarter. Other income of the bank jumped 57 percent to Rs 466.5 crore from Rs 297 crore during the same period.
 Net interest margin climbed 10 basis points to 5 percent from 4.9 percent on sequential basis. Asset quality was stable during the quarter with the standalone gross non-performing assets (NPA) at 1.89 percent as against 1.88 percent in previous quarter and 1.97 percent in the year-ago period. Net NPA stood at 1 percent compared to 0.98 percent Q-o-Q and 0.96 percent Y-o-Y. In absolute term, gross NPA increased 8 percent sequentially (up 16 percent Y-o-Y) to Rs 1,165 crore and net NPA rose by 9.3 percent quarter-on-quarter (up 25.5 percent on yearly basis) to Rs 611.5 crore in the quarter gone by.


[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.

A Mid cap NBFC company has put itself on a growth path after a long time is now a attractive buy...

sks logo
 
Recommendation: BUY SKSMICRO
CMP: 321
Target: 365
Stop loss: 300
Time duration: 4  Weeks

 Technical view:-
 SKS Microfinance has given strong break out above 320 levels which is strong resistance zone for the stock and stock has Broken a triangular pattern on the charts. After a strong correction in the stock stock has managed to break a trend line and now the RSI is signalling the bullish status on the Zone makes the stock attractive buy at current levels.
 SKS microfinance charts

Fundamental View:-

 SKS Microfinance  net profit jumped 247.3% to Rs 56.75 crore on 48.7% growth in total income to Rs 201.02 crore in Q2 September 2014 over Q2 September 2013.
SKS Microfinance's loan disbursements rose 73% to Rs 1693 crore in Q2 September 2014 over Q2 September 2013. Net interest income rose 63% to Rs 110 crore in Q2 September 2014 over Q2 September 2013.
 As on 30 September 2014, SKS Microfinance had a net worth of Rs 951 crore and capital adequacy of 33.2% (without the Reserve Bank of India dispensation of the Andhra Pradesh and Telangana provisioning). Cash and cash equivalents (excluding security deposit) stood at Rs 530 crore, the company said in a statement.
 The un-availed deferred tax benefit of Rs 522 crore will be available to offset tax on future taxable income, SKS Microfinance said. Given the carried forward tax loss, no tax provision was required for Q2 September 2014, the company said in a statement.


[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.

Will expiry week will be a Big bang for Indian markets?

Market outlook green logo
 
Greetings,

 Will expiry week will be a Big bang for Indian markets?
 
Weekly Market Outlook:-

 Weekly Wrap:-
 After a four weeks of consecutive red on the cards the Indian markets ended the last week on a positive note gaining more than 3.5%. Nifty on the Auspicious day of Muhurath trading managed to close above the psychological level of 8000.
 It was a fear factor across the globe which drained Indian markets by around 5-6% from the top. Markets always coincides with bundle of bad news when the markets are overheated technically and also bundle of good news when the markets are oversold.
 The Factors like Ebola fears, don grade of economic outlook from the IMF, Germany slow down concerns and etc which dumped the markets and the bundle of positive news which helped the world markets and Indian markets to bounce back like the steps taken by the Obama government to control the Ebola and the Meeting of the IMF member countries to tackle the economic growth on to the growth path and the stimulus announced from ECB and moreover the Indian state polls outcome in favour of the Incumbent government helped the Indian markets to recover more than 3% in the last week alone.


 Weekly Outlook:-
 Positive close After four weeks of correction give the strong signa for the expiry week for Indian markets, as in my last week outlook predicted the Indian market to close around 8100 is what seems to be on the cards in the expiry and even we can extend the target to 8200 if global markets supports.
 In addition, India’s Finance Minister Arun Jaitley favors a cut in interest rates to trigger demand in the construction sector, a newspaper report said on Saturday, but the central bank has signal it will not ease policy until it is confident of lower inflation.
 The words from Finance minister can give the Indian markets good start on Monday and we are looking at the FII s flows which are gloomy now can take aggressive positions in the Indian markets can move the Indian equities much higher in the next series by the end of November or December the Nifty might crack 8500 is our expectation.
 Even the International energy prices are also giving the signals of bottom formation also could increase in demand for the oil could trigger a positive news in the west. However Indian government is coming out with reforms much faster than expected is a positive cue for India and Decrease in diesel prices last week can bring down the CPI by another 1% down over all Indian markets can expect the rate cut any time sooner could be a most positive news which will fuel the rally in the coming Months.


 Nifty Technical Outlook:-
 Nifty bounced sharply from the levels of 7700 which was a 100 DMA support as well and the 61.8% of the Fibonacci retracement level. However Nifty is trading in the upper trend line and have given break out pattern moving towards a previous highs and now nifty is trading above all its key Moving averages signals the positive momentum to continue going forward.
 As next week is the expiry we could see the range bound in nifty between 7900 to 8100 levles and this expiry may be closing at near 8100 levels as the option data suggest highest Open Interest addition is seen around those levels.
 However on weekly charts the Hammer candle stick suggests the reversal and it may be continuous candle stick for next 2 weeks that is beginning of the November series to be very high note may be support by FIIs.
 
Nifty Daily charts
 Conclusion:-
 Expiry week will be very positive and we will be expecting the Nifty to hit new highs in the next series...


[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.

Thursday, October 23, 2014

This Diwali season Not only brings shine to Auto sector But also to the Capital goods Sector, Vlotas also cracks more than 20% Sales this Diwali Makes it a attractive buy...

voltas logo
 
Recommendation: BUY VOLTAS
CMP: 242
Target: 270
Stop loss: 225
Time duration: 4 WEEKS
Technical view:-
 
Voltas daily charts

Voltas is in a bull run since the February 2014 prior to Indian parliamentary elections since then it is moving in a upward channel making higher tops higher bottom pattern. Now after testing the lower line of the channel again the stock has formed the double bottom formation at 220 levels and also broken a short term trend line on the upside breaking a triangle pattern.and RSI momentum oscillator bouncing back to its bullish zone confirms the stock to move back to its earlier levels in a short term of 4 weeks.


Fundamental View:-
Pradeep Bakshi of  Voltas said the momentum in sales seen during the June quarter has continued in the September quarter as well. In the air conditioners segment, Voltas has grown by over 20 percent, Bakshi said.
Voltas is largely into air-conditioning segment and our growth has been more than 20 percent in this quarter and in both quarters growth has been more than 20 percent, so it’s been quite a fabulous Diwali and if you were to compare it with last two-three years, traction this time has been pretty good over last two-three years. Last two years Diwali was not so great, the sales as far as air-condition business was concerned and quite a few other consumer durable products were concerned but this time its been quite good and traction has been quite healthy for Voltas.

[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.

Union bank fails to break stiff resistance and showing reversal signs...

Recommendation: Sell
CMP: 221.70 (in Futures)
Target: 205
Stop loss: 230
Duration: 2-4 trading sessions



                                                        WHY UNIONBANK?


The stock has a very strong resistance zone around 223 -227 zone ,it again failed to cross this resistance level forming a bearish engulfing pattern indicating a reversal in the stock followed by a doji  which further signifies uncertainty in the stock .One should be looking to short the stock from current levels for a target of  205 levels  in 2-5 trading sessions with a stop loss of 230.

Analysis 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.

Nifty Closes just below 8000 mark...


The market ended pre-Diwali trading session on a strong note. However, the Nifty could not scale the 8000-level even once. The 50-share index closed up 68.15 points or 0.9 percent at 7995.9 while the Sensex was up 211.58 points at 26787.23, and the Nifty. About 1796 shares advanced, 1030 shares declined, and 106 shares were unchanged.
Cipla, Hero MotoCorp, Bajaj Auto, Tata Motors and Maruti Suzuki are top gainers in the Sensex. Among the losers are ONGC, ITC, NTPC, ICICI Bank and Bhart Airtel.
Treasuries gained with European bonds amid speculation slowing inflation will prolong stimulus. The euro weakened, while U.S. equity-index futures signaled shares will halt a four-day rally.
The yield on 10-year Treasuries dropped three basis points to 2.19 percent at 10:45 a.m. in London, and the rate on U.K. gilts slid two basis points to 2.15 percent. The euro declined 0.2 percent to $1.2693 and the pound lost 0.5 percent to $1.6038. The Stoxx Europe 600 Index slipped less than 0.1 percent and Standard & Poor’s 500 Index futures retreated 0.2 percent. Zinc advanced 0.8 percent.

Stock Recommendation:

BUY: ADANIENT
CMP: 473
Target: 500
Stop Loss: 462




Adanient had been on an uptrend in the past trading sessions.We can also see the candle entering the ichimoku cloud and closed inside. 462 being one of the major resistances, the stock broke the resistance and is trading above the 25-day moving average. We can also see the Relative strength index above 60 which shows significant strength.

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.