Friday, 28 October 2016

DIWALI PICKS 2016

CASH-BUY JUBILANT  ABOVE 700 TG 730,750 
It is expected to continue the bull run with the crossing of the resistance level of 700, as One may initiate the long position above the mentioned level for the targets of 730,750 
FUTURE-BUY LT ABOVE 1490 TG 1510,1525
Stock is is showing correction since past few sessions. it may give good return on bullish pattern by bouncing back strategy as script is going to maintain its position consistently with keeping resistance level of 1490,1500 and support level of 1460,1450.
FUTURE -BUY M&M  ABOVE 1325 TG 1350/1375 
The stock is showing correction since past few sessions.Currently it has formed reversal pattern on the short term charts and trading below the resistance level of 1375.Breakout of its resistance level may show recovery in it where traders can expect targets of 1350 and 1375 while major support of 1280.
CASH-BUY COLPAL ABOVE 975 TG 995/1015
After giving breakout of its range bound movement, it is forming continuation pattern in short term charts, it is likely to continue the positive movement with the breakout of the pattern at the levels of 975, one may expect the targets of 995,1015 in the stock if it manages to sustain above the immediate support level of 950.
FUTURE- BUY AXISBANK ABOVE 496 TGT 510/525
After showing correction from the higher level, now stock is trading in short term recovery phase, it is likely to continue the upside move in near term with the crossing of the resistance level of 500.One may get the targets of 510,525.  

Thursday, 27 October 2016

SENSEX BREAKS 2-DAY LOSING STREAK AND ENDED MARGINALLY HIGHER

Markets ended two-day losing streak and ended marginally higher, amid a choppy session, on renewed buying interest in index heavyweights like HDFC and ITC. However, further upside was capped due to selling in select auto and information technology shares. The Sensex closed at 27,916 level up 79 points or 0.3% whereas the Nifty closed flat at 8,615 mark. Infibeam Incorporation rallied 7%.TVS Motor Company soared 3%.Just Dial tumbled 5.3%.Lakshmi Machine Works Ltd fell 5.5% . Noida Toll Bridge Co Ltd hits 20% lower circuit at Rs 17.85.
GLOBAL MARKET:
On the global front, Asian stocks dropped as investors reacted to a slew of earnings at companies from Samsung Electronics to Nintendo. Japan’s Nikkei closed down 0.27%. China’s Shanghai Composite and Hong Kong’s Hang Seng closed lower.European stocks were trading lower as investors focused on earnings and new data but continued to fret with rising concerns that OPEC countries would not reach an agreement over a production cut. The FTSE 100 and CAC 40 were marginally down 0.3% each, while the CAC 40 slipped 0.65%.
TOP GAINERS:
Company
Group
Current Price
% Change
ADF Foods Ltd.
B
178.50
+ 8.44
Balmer Lawrie &
B
774.05
+ 7.26
Infibeam Incorp
B
922.60
+ 7.17
Excel Crop Care Ltd.
B
1,898.35
+ 6.38
Shiva Texyarn Ltd.
B
227.45
+ 6.16
Dishman Pharmaceutic
B
241.15
+ 5.95
Sunteck Realty Ltd.
B
288.95
+ 5.49
TOP LOSERS:



Company
Group
Current Price
% Change
Bliss GVS Pharma
B
161.05
-11.19
Forbes & Company Ltd
B
2,158.45
-10.00
Banswara Syntex
B
174.65
-8.94
Indo Tech Transforme
B
218.90
-8.54
DCM Ltd.
B
135.45
-6.33

Wednesday, 26 October 2016

SENSEX FALLS OVER 250 POINTS AHEAD OF OCT F&O EXPIRY

The Sensex ended down 255 points at 27,837 and the Nifty settled 76 points lower at 8,615. Markets ended lower on Wednesday weighed down by selling pressure in Axis Bank after the private lender reported a sharp decline in net profit during the September quarter while weak global cues also weighed on investor sentiment. Axis Bank tanked 8% to Rs 486 on the BSE. Cadila Healthcare dropped 4.8%. Bharti Airtel Ltd zoomed 2%. Bharti Airtel Ltd zoomed 2%.
GLOBAL MARKET:
On the global front, Asian markets closed in red. The Nikkei 225 closed marginally higher. Hong Kong’s Hang Seng index and Shanghai Composite index closed in red.European markets were trading in red on Wednesday, as oil prices extended losses and investors digested a slew of mixed earnings reports. The FTSE 100 and the CAC 40 were trading lower by 2% each. DAX slipped 1.02%.
TOP GAINERS:
Company
Group
Current Price (Rs)
% Change
Saregama India Ltd.
B
290.15
+ 20.00
I G Petrochemicals L
B
267.10
+ 13.88
Kellton Tech Solutio
B
123.15
+ 11.30
Guj. Alkalie & C
B
402.50
+ 10.29
Kirloskar Bros.
B
189.55
+ 9.06
Hubtown
B
116.30
+ 9.00
IFB Agro Indus
B
450.90
+ 8.74
TOP LOSERS:

Company
Group
Current Price (Rs)
% Change
Hawkins Cookers
B
3,187.85
-10.38
Advanced Enzyme Tech
B
2,143.00
-8.74
Muthoot Capital
B
304.00
-7.84
Indo Tech Transforme
B
240.00
-6.78
Shiva Texyarn Ltd.
B
214.25
-6.40
Munjal Showa Ltd
B
236.15
-6.01

Tuesday, 25 October 2016

SENSEX ENDS 88 POINTS LOWER; NIFTY SETTLES BELOW 8,700 MARK

Sensex ended with a loss of 88 points at 28,091. The Sensex opened at 28,159, touched an intra-day high of 28,211 and low of 28,014.The Nifty closed with a loss of 18 points at 8,691. The  Nifty opened at 8,722 hitting a high of 8,723 and low of 8,663. Arvind jumped 12% to Rs 404 on the BSE. Federal Bank climbed 8.3%.Bharti Infratel zoomed 2.4% . Idea Cellular dipped 2%.Adani Ports & Special Economic Zone soared 9.4% on the BSE.
GLOBAL MARKET:
On the global front, Asian stocks edged lower on Tuesday. Japan’s Nikkei closed gains at 0.75%. China’s Shanghai Composite and Hong Kong’s Hang Seng ended marginally lower.
European stocks were trading in green on Tuesday, ahead of economic data this week that is likely to influence policy of the world's main central banks. The FTSE 100 is marginally up 0.43%. The CAC 40 and DAX gained 0.3% each.
TOP GAINERS:
Company
Group
Current Price
% Change
Symphony
B
1,427.10
+ 20.00
Muthoot Capital
B
331.50
+ 20.00
Kothari Products
B
213.90
+ 20.00
Allsec Technologies
B
306.00
+ 20.00
Ador Welding Ltd.
B
324.75
+ 15.02
Thirumalai Chem.
B
673.65
+ 11.11
V-Guard Ind.Ltd.
B
214.85
+ 10.72
TOP LOSERS:



Company
Group
Current Price
% Change
GeeCee Ventures
B
143.60
-13.31
Balaji Amines Li
B
333.85
-9.65
Caplin Point Lab
B
354.65
-5.93
Jindal Stainless (Hi
B
99.35
-5.87
Supreme Petroche
B
233.50
-5.16