Monday, April 16, 2018

Winning Strokes
The Sensex and the Nifty logged modest gains on first trading day of the week. The barometer index, the S&P BSE Sensex, rose 112.78 points or 0.33% to settle at 34,305.43. The Nifty 50 index rose 47.75 points or 0.46% to settle at 10,528.35. The Sensex and the Nifty advanced for the eight straight trading session. Market sentiment got a boost after India's annual WPI-based inflation eased to 2.47% in March, helped by a fall in food prices. The Sensex and the Nifty, both, attained their highest closing levels in almost seven weeks.

A bout of volatility was seen in early trade as the key benchmark indices cut losses after a gap-down opening triggered by negative Asian stocks. The Sensex regained the psychological 34,000 level soon after an initial slide pulled it below that level in opening trade. Stocks recovered further lost ground in morning trade. Indices extended losses in mid-morning trade on fresh selling in index pivotals. Indices recovered sharply in afternoon trade after India's annual wholesale price inflation slightly eased in March. Stocks advanced in late trade and hit fresh intraday high.

Overseas, Asia and European stocks were mixed as investors assess airstrikes against Syria over the weekend and focus on the start of earnings season in the US as well as speeches by Federal Reserve officials. US stocks fell on Friday, 13 April 2018 as weakness in shares of banks and finance firms added to the political and trade tensions weighing on the market.

US President Donald Trump declared mission accomplished via Twitter on Saturday, a day after the US, France and the UK launched military strikes targeting three chemical weapons facilities in Syria in retaliation for a suspected poison gas attack in Douma on April 7. Meanwhile, Russian President Vladimir Putin reportedly warned on Sunday that further Western attacks on Syria would bring chaos to world affairs, as Washington prepared to increase pressure on Russia with new economic sanctions.

Back home, the Sensex rose 112.78 points or 0.33% to settle at 34,305.43, its highest closing level since 27 February 2018. The index rose 148.81 points, or 0.44% at the day's high of 34,341.46. The index fell 293.31 points, or 0.86% at the day's low of 33,899.34.

The Sensex has risen 1,286.36 points, or 3.90% in eight trading sessions from its low of 33,019.07 on 4 April 2018.

The Nifty 50 index rose 47.75 points or 0.46% to settle at 10,528.35, its highest closing level since 27 February 2018. The index rose 59.55 points, or 0.57% at the day's high of 10,540.15. The index fell 84.25 points, or 0.80% at the day's low of 10,396.35.

The S&P BSE Mid-Cap index rose 0.34%. The S&P BSE Small-Cap index rose 0.56%. Both these indices outperformed the Sensex.

The market breadth, indicating the overall health of the market, was negative. On the BSE, 1,416 shares fell and 1,253 shares rose. A total of 207 shares were unchanged.

Among the sectoral indices on BSE, the S&P BSE Realty index (up 1.82%), the S&P BSE Healthcare index (up 1.11%), the S&P BSE FMCG index (up 0.96%), the S&P BSE Basic Materials index (up 0.78%), the S&P BSE Consumer Discretionary Goods & Services index (up 0.72%), the S&P BSE Finance index (up 0.72%), the S&P BSE Power index (up 0.67%), the S&P BSE Utilities index (up 0.56%) and the S&P BSE Capital Goods index (up 0.44%), outperformed the Sensex. The S&P BSE Bankex (up 0.3%), the S&P BSE Industrials index (down 0.13%), the S&P BSE Oil & Gas index (down 0.14%), the S&P BSE Energy index (down 0.15%), the S&P BSE Consumer Durables index (down 0.21%), the S&P BSE Telecom index (down 0.51%), the S&P BSE Teck index (down 0.69%) and the S&P BSE IT index (down 0.78%), underperformed the Sensex. The S&P BSE Metal index settled on a flat note. The S&P BSE Auto index rose 0.33%, matching the Sensex's rise in percentage terms.

Index heavyweight and housing finance major HDFC rose 1.64% to Rs 1,870.70. The stock hit a high of Rs 1874.50 and a low of Rs 1834.70 in intraday trade.

Index heavyweight and cigarette major ITC rose 1.42% to Rs 264.50. The stock hit a high of Rs 264.90 and a low of Rs 260.75 in intraday trade.

Private sector banks rose. Kotak Mahindra Bank (up 1.88%), RBL Bank (up 1.74%), HDFC Bank (up 0.55%), Yes Bank (up 0.31%), City Union Bank (up 0.28%), Axis Bank (up 0.06%) and IndusInd Bank (up 0.06%), edged higher. Federal Bank (down 0.2%) and ICICI Bank (down 0.28%), edged lower.

Public sector banks declined. Allahabad Bank (down 2.17%), Punjab National Bank (down 2.07%), Dena Bank (down 1.27%), Indian Bank (down 1.11%), Bank of Maharashtra (down 1.04%), Bank of India (down 0.99%), United Bank of India (down 0.82%), State Bank of India (down 0.76%), Punjab & Sind Bank (down 0.66%), Vijaya Bank (down 0.61%), Bank of Baroda (down 0.6%), Central Bank of India (down 0.5%) and Canara Bank (down 0.34%), edged lower. IDBI Bank (up 0.07%), Union Bank of India (up 0.1%), Corporation Bank (up 0.49%) and Andhra Bank (up 1.4%), edged higher.

UCO Bank fell 6.49% to Rs 20.90 on reports CBI filed a case against former bank chairman Arun Kaul relating to an alleged Rs 621 crore bank loan fraud case.

Reliance Industries (RIL) fell 0.17% to Rs 937.25. RIL's subsidiary Reliance Jio Infocomm (RJIL) has signed a ~JPY 53.5 billion Samurai term loan with 7 year bullet maturity (the Facility). The Facility is guaranteed by RIL and will be used for funding RJIL's ongoing capital expenditure. The Facility will be shortly launched into syndication. The announcement was made on Saturday, 14 April 2018.

Meanwhile, RIL on Sunday, 15 April 2018 said that the company in conjunction with JM Financial Asset Reconstruction Company submitted a resolution plan for Alok Industries. The plan did not meet with the approval of the Committee of Creditors of Alok Industries as required under the Insolvency and Bankruptcy Code, RIL said.

Most IT stocks rose. Oracle Financial Services Software (up 2.98%), MindTree (up 1.83%), Hexaware Technologies (up 1.18%), TCS (up 1.07%) and HCL Technologies (up 0.88%), edged higher. Wipro (down 0.15%), Persistent Systems (down 0.41%) and MphasiS (down 1.72%), edged lower.

IT major Infosys fell 3.10% to Rs 1,132.80 after the company's operating margin outlook fell short of market expectations. The result was declared after market hours on Friday, 13 April 2018. Infosys' consolidated net profit fell 28.1% to Rs 3690 crore on 1.6% increase in revenues to Rs 18083 crore in Q4 March 2018 over Q3 December 2017. Q4 March 2018 operating margin improved to 24.7% from 24.3% in Q3 December 2017. The result are under International Financial Reporting Standards (IFRS).

On a consolidated basis, net profit grew 11.7% to Rs 16029 crore in the year ended 31 March 2018 over the year ended 31 March 2017. Revenues were Rs 70522 crore in the year ended 31 March 2018, a year on year (YoY) growth of 3% in reported terms and a growth of 5.8% in constant currency terms. Operating margins were reported at 24.3% in the year ended 31 March 2018.

On a consolidated basis, Infosys expects revenues to grow 6%-8% in constant currency in the fiscal year ending 31 March 2019 (FY 2019). It expects revenues to grow 8.2%-10.2% in rupee terms in FY 2019. Operating margin is expected in range of 22%-24% in FY 2019.

On 13 April 2018, Infosys entered into a definitive agreement to acquire WongDoody Holding Company, Inc., a US-based digital creative and consumer insights agency for a total consideration of up to $75 million including contingent consideration and retention payouts, subject to regulatory approvals and fulfillment of closing conditions.

On the macro front, the annual rate of inflation, based on monthly Wholesale Price Index (WPI), stood at 2.47% (provisional) in March 2018 (over March 2017) as compared to 2.48% (provisional) for the previous month and 5.11% during the corresponding month of the previous year. Build up inflation rate in the financial year so far was 2.47% compared to a build up rate of 5.11% in the corresponding period of the previous year, the Ministry of Commerce & Industry said in a statement today, 16 April 2018.

Meanwhile, India is set to get a normal monsoon this year, with average rainfall likely to be 97%, the India Meteorological Department (IMD) announced today, 16 April 2018. Between 96% and 104% of the long-period average is considered a normal monsoon, and the margin of error is 5%.

India's merchandise exports fell 0.7% to US$ 29.11 billion in March 2018 over a year ago. Meanwhile, merchandise imports moved up 7.1% to US$ 42.80 billion. The trade deficit jumped 28.6% to US$ 13.69 billion in March 2018 from US$ 10.65 billion in March 2017. The data was released by the Ministry of Commerce and Industry after market hours on Friday, 13 April 2018.

Merchandise exports in rupees declined 1.9% to Rs 189271 crore, while imports moved up 5.8% to Rs 278297 crore in March 2018 over March 2017. The trade deficit rose to Rs 89026 crore in March 2018 compared with Rs 70127 crore in March 2017.

India's merchandise exports increased 10% to US$ 302.84 billion, while merchandise imports surged 19.7% to US$ 459.67 billion in April-March 2018. An increase in imports was driven by a 25.7% jump in oil imports to US$ 109.11 billion. India's merchandise trade deficit galloped to US$ 156.83 billion in April-March 2018 from US$ 108.92 billion in April-March 2017.

#The stock of Mandhana Industries Ltd is now trading at around Rs.6.60 in the NSE. I expect it to reach Rs.9, by October, '18. There were earlier media reports that NCLT's, MUMBAI BENCH hass granted EXTENSION of CIRP for further period of 90 days beyond period of 1st 180 days Also, I was told by an unconfirmed source that "Being Human" brand is unofficially owned by Salman Khan's sister: Alvira Khan Agnihotri and according to the same source, "There are talks of changing the brand ambassador, following the recent court verdict on Black Buck case". I however could not independently verify this information. 

#The stock of P C Jewellers Ltd, is now trading at around Rs.300.75, after touching a high of around Rs,314 last week. The stock was recommended to the Premium members at around Rs.297. What to do with this scrip? 

#The scrip of Lanco Infratech Ltd today closed at Rs.1.05 in the NSE. The stock which was recommended around Rs.1.1-1.15 is not performing as expected; in the short term. So, what to do? What is the latest development in the company? 

#The stock of MBL Infrastructure Ltd today made a high of Rs.26.15. It was recommended as a buy last week to the Premium Members to be bought today. In NSE it made a low of Rs.22.75. I hope most of them are sitting at a profit today, after buying during intraday dips. 

#I have recommended a micro cap IT stock and a hidden Jewelry micro-cap stock to the Paid Members. I will disclose the name of the stock either at the end of this month or by the middle of next month. Both the stocks looks to me to be a turnaround story. If you want to know the names of the shares, then you should either trade through my recommended brokerage house or subscribe to my Premium Service. I  have introduced a SPECIAL DISCOUNT SCHEME for the SMALL INVESTORS and for EARLIER SUBSCRIBERS of my Premium Service. This will be open till 30th of this month. 

~~with inputs from  Capital Market - Live News

Friday, April 13, 2018

Market Pulse
Firmness prevailed in early afternoon trade as key barometers continued marching upwards. At 12:22 IST, the barometer index, the S&P BSE Sensex, was up 192.81 points or 0.57% at 34,293.94. The Nifty 50 index was up 57.25 points or 0.55% at 10,515.90. Nifty was trading above the 10,500 mark.

The broad market depicted strength as 1,487 shares rose and 925 shares fell on BSE. Among secondary barometers, the BSE Mid-Cap index was up 0.82%. The BSE Small-Cap index was up 0.72%. Both these indices outperformed the Sensex.

The key indices opened higher and firmed up further as the session progressed. The Sensex rose 199.43 points, or 0.58% at the day's high of 34,300.56 in early afternoon trade, its highest intraday level since 28 February 2018. The index rose 53.81 points, or 0.16% at the day's low of 34,154.94 in early trade. The Nifty rose 57.90 points, or 0.55% at the day's high of 10,516.55 in early afternoon trade, its highest intraday level since 1 March 2018. The index rose 17.15 points, or 0.16% at the day's low of 10,475.80 in early trade.

Adani Ports and Special Economic Zone (up 3.21%), Kotak Mahindra Bank (up 1.8%) and Dr Reddy's Laboratories (up 1.6%), were the top gainers in the Sensex pack.

Hindustan Unilever (down 0.48%), Larsen & Toubro (down 0.41%) and State Bank of India (down 0.06%), were the major losers in the Sensex pack.

Realty shares were trading higher. Indiabulls Real Estate (up 2.41%), Prestige Estates Projects (up 1.45%), Peninsula Land (up 1.30%), Oberoi Realty (up 1.20%), Housing Development and Infrastructure (HDIL) (up 1.10%), Parsvnath Developers (up 1.08%), DLF (up 0.96%), D B Realty (up 0.70%), Sobha (up 0.50%), Godrej Properties (up 0.47%), Omaxe (up 0.31%) and Phoenix Mills (up 0.23%), edged higher. Mahindra Lifespace Developers (down 0.23%), Sunteck Realty (down 0.37%) and Unitech (down 0.62%), edged lower.

FMCG shares were mixed. GlaxoSmithKline Consumer Healthcare (down 1.78%), Marico (down 1.5%), Dabur India (down 0.77%), Godrej Consumer Products (down 0.23%) and Colgate Palmolive (India) (down 0.03%), edged lower. Tata Global Beverages (up 0.07%), Procter & Gamble Hygiene & Health Care (up 0.29%), Jyothy Laboratories (up 0.34%), Britannia Industries (up 0.4%), Bajaj Corp (up 1.12%) and Nestle India (up 1.2%), edged higher.

Index heavyweight and cigarette major ITC was up 0.11% at Rs 262.30.

On macro front, the all-India general consumer price index (CPI) inflation eased marginally to five-month low of 4.28% in March 2018, compared with 4.44% in February 2018.

India's industrial production continued to record a healthy growth for the fourth straight month at 7.1% in February 2018 over February 2017. The manufacturing sector's production surged 8.7% in February 2018, contributing to the overall growth in industrial production. However, the growth of electricity generation output moderated to 4.5%, while the mining output declined 0.3% in February 2018.

Overseas, Asian stock markets gave up some of their early gains Friday after China reported a surprise trade deficit for March.

China's Shanghai Composite was down 0.59%. China's trade balance swung to a deficit of $4.98 billion in March from a $33.7 billion surplus in the previous month. Exports declined 2.7% in March from a year earlier, following a 44.5% surge in February. Imports in March expanded 14.4% from a year earlier, compared with a 6.8% increase in February.

US stocks closed sharply higher on Thursday, as geopolitical concerns appeared to fade after President Donald Trump tweeted that a military strike on Syria may not be imminent. Escalating tensions over the Middle Eastern country were seen as a major contributor to weakness in Wednesday's session.

Today's Calls:
#Exit out of the shares of MCX Ltd at around Rs.766 and enter 63 Moon Technologies Ltd at around Rs.97.

#I have recommended a small cap Tech stock which has a turnaround story to the Paid Members. Those who wish to know the name,, should join my service at the earliest. 

~~wtth inputs from Capital Market - Live News

Saturday, April 07, 2018

TV Vision Ltd: Buy
CMP: Rs.16.800
Book Value: Rs.34.54
Face Value: Rs.10
Market Cap: Rs.58.71 Cr
Industry P/E: Rs.47.03
Introduction: After Sri Adhikari Brothers  (SAB) Group demerged all its various business verticals,
in 2016, TV vision Ltd became a part of the Rs.2000 crore group. The group now has dedicated entities for movie production (parent SAB Group), television production (TV Vision) and events and publishing (SAB Events and Governance Now Media). 
At present, TV vision Ltd comprises a bouquet of five channel broadcasting bouquet, namely Mastiii, Dabangg, Maiboli, Dhamaal Gujarat & Dillagi. It plans to add few more regional channels along with a mainstream Hindi GEC, in the near future.
There were earlier media reports that SAB Group has earmarked Rs.400-500 crore on strengthening its broadcast and film business. Additionally, the company said it is building two state-of-the-art studios -- one near Sahar International Airport and the other in North Mumbai.

Shareholding Pattern: The promoters hold 37.63%, while the general public holds 62.37%. Among the general category, the Central Bank of India holds 8.85% of the shares of the company. 

#It has already carried out a test launch of its Northeastern channel Se7en (pronounced ‘seven’) which will feature international and locally produced music content. The channel is expected to be launched soon.
The company is also planning to launch its comedy focused brand Happii. The brand will operate in four verticals – on television as a comedy focused Hindi general entertainment channel Happii, on-ground as Happii-G, on digital as Happii-Fi and as an audio only-mobile entertainment vertical in the form of Happii-Me. It has launched its digital initiative Happii-Fi which is not an OTT platform. 

#There were earlier media reports that the company is in talks to acquire a Multi Channel Network (MCN) and are in discussions with three-four companies. It might announce the deal by the end of 2018.  The company wants to go big in the digital space, as it is the future for all businesses.

#It will continue to create 100% original digital content, including web series and short formats. The company is also looking at extending its reach through strategic tie-ups with OEMs and OTT players and even telecom companies. The company hopes to be India’s biggest multi-platform comedy brand.

#Though  SABTNL holds all the content and IPs of the group, including the digital business, TV Vision will indirectly be benefited from it....The SABTNL has huge content library which it plans to syndicate library, formats and sell the remake rights to other countries as well. 

#Higher government ad spend in the run-up to Lok Sabha election, recovery in major verticals like real estate and FMCG will aid revenues in the broadcasting space. Therefore, whatever be the verdict of India’s general election next year, many analysts are betting TV broadcast companies. The biggest reason: the government’s expected advertising blitzkrieg.

Conclusion: Though the untimely death of Gautam Adhikari, has rocked the company's boat, but it is slowly coming out of that shock. 
The 52 Week High (adjusted) for the scrip is Rs.283.85, while its 52 Week Low (adjusted) is Rs.13.95.  The stock closed above its 21D EMA and is likely to face the 1st resistance at around Rs.18.70-19.20 zone. In the short term we can look for targets of Rs.27-29, while on the medium to long term the targets could be as high as Rs.82/124/157/191. Hence, accumulate the scrip on all declines, for some superb returns going forward. 

Friday, April 06, 2018

Market Pulse
The key benchmark indices drifted lower in early trade amid initial volatility. At 10.47 am, the Sensex was trading at 33,575.71 down 21.09 or 0.06%, while the Nifty was seen at 10,313.15 down12.00 or 0.12%.

The S&P BSE Mid-Cap index was up 0.1%. The S&P BSE Small-Cap index was up 0.18%. Both these indices outperformed the Sensex.

The market breadth, indicating the overall health of the market, was positive. On the BSE, 888 shares rose and 611 shares fell. A total of 49 shares were unchanged.

Overseas, Asian stocks were trading mixed while US stock futures dropped after US President Donald Trump ordered his administration to consider tariffs on an additional $100 billion worth of Chinese imports. Mainland China markets are shut for a holiday.

The latest move is a continuation of a growing trade dispute between the two countries. Trump previously announced $50 billion in proposed tariffs on goods imported from China, which responded by announcing about $50 billion in proposed tariffs on US goods

US stocks closed higher yesterday, 5 April 2018 with major indexes posting their first three-day rally in several weeks as investors dialed back fears that a trade spat between the US and China will turn into a full-blown trade war.

Meanwhile, the US trade deficit rose 1.6% in February and remained near a 10-year high. The US trade deficit rose to $57.6 billion in February from $56.7 billion in the prior month, data released yesterday, 5 April 2018 showed.

Today's Calls:
#The stock of Pincon Spirits Ltd was recommended at around Rs.20.70 on 28 March, 2018. The scrip hit the buyer freeze at Rs.27.25,in the NSE today. The board of Pincon Spirits Ltd also approved setting up of a polythylene terephthalate bottle (PET) manufacturing plant at Asansol with a tentative cost of Rs.20 crore. The Asansol plant will have a production capacity of 10 lakh bottles per day and will be used for the company’s captive use.
The Ongoing Marriage season  and Sizzling summer months ahead is likely to push up Beer sales in India. Remain invested in Liquor companies....

#Buy the shares of Ortel Communications Ltd at around Rs.21-22, for short term targets of Rs.31-35. As reported by earlier, the board of directors of Ortel had approved the issue of equity shares to promoter/promoter group entities not exceeding Rs.8.75 crore. The company has proposed to issue 25 lakh equity shares at an issue price of Rs 35 per share to the promoters on preferential basis for an aggregate amount of Rs 8.75 crore. Moreover, the board had also approved the issue of 9% cumulative, non-convertible, redeemable preference shares for an amount not exceeding Rs.10 crore by way of private placement for a period of five years. It had also approved the acceptance of fresh inter-corporate loan of Rs 8 crore at 9% per annum for a period of five years.

#Buy the shares of TV Vision Ltd at around Rs.16.80, for the upper circuits at Rs.17.10. The short term targets for the scrip are Rs.27-29. The stock has been asked to be accumulated in every dip, even when it was trading at around Rs.14.5-15. One good quarter will take the stock to dizzy heights. 

#The shares of Sri Adhikari Brothers Television Network Ltd hit the buyer freeze at around Rs.18.10. The stock was asked to be accumulated in every dip, especially when it fell to around Rs.15. Those who have bought, might be laughing their way into banks. 

#Intraday sell SILVER at around Rs.38260, SL above Rs.38400,  Target:Rs.37800

#Buy REC Ltd at around Rs.131.75, SL: Rs.129.75, Target:Rs.135-137 on T+2 basis. This is a pure chart based call.

#The scrip of MBL Infrastructure Ltd moved to Rs.25.85, intraday. You can look for targets of Rs.29-31 in the coming days, where you should book some profits.

# Buy Reliance Industries Ltd FUTURE at around Rs.914-914.60, SL below Rs.910.50; Target:Rs. 922.

#Those who have invested in the share of Lanco Infrastructure Ltd (Rs.1.10) should continue to add on declines. This is one stock Pincon Spirits Ltd, TV Vision Ltd and Sri Adhikri Brothers Ltd, on which I am betting on, for some splendid returns going forward.

#The scrip of Jai Corp Ltd was recommended from around Rs.139 levels. The share today touched high of Rs.164.65. It was mentioned on 21st March, '18, that it has huge prospects, going forward.

#In stock market you should always have back funds, to leverage them, as and when you get opportunities or to cover up any loss incurred earlier. I have seen that is the best method to make money on consistent basis. By back-up fund I mean that you should have at least 30% of your total investable funds at hand, to be used in case of any emergency investment. After profit booking this fund should again be routed to the bank. In any case you should not invest more than 70% of your total fund in the share market. 

~~with inputs from Capital Market - Live News...

Wednesday, March 28, 2018

Market Pulse
The stock market continued to trade with modest losses in mid-morning trade.

At 11:19 IST, the barometer index, the S&P BSE Sensex, fell 191.06 points or 0.58% at 32,983.33. The Nifty 50 index dropped 57.65 points or 0.57% at 10,126.50. The Sensex was trading below 33,000 level after falling below that level in intraday trade.

Weakness in global stocks weighed on sentiment on the domestic bourses. Key telecom stocks dropped. Cement stocks fell.

Key indices started the session on a negative note amid weakness in global stocks. Indices extended losses in morning trade and traded with modest losses in mid-morning trade. Among secondary indices, the S&P BSE Mid-Cap index fell 0.18%. The S&P BSE Small-Cap index declined 0.49%. Both these indices outperformed the Sensex.

The breadth, indicating the overall health of the market, was weak. On the BSE, 1,422 shares declined and 761 shares advanced. A total of 147 shares were unchanged.

Key telecom stocks dropped. Reliance Communications (down 4.42%), Idea Cellular (down 2.79%) and Bharti Airtel (down 2.54%) declined.

Cement stocks fell. Ambuja Cements (down 1.29%), ACC (down 0.98%), UltraTech Cement (down 0.53%), Grasim Industries (down 0.38%) and Shree Cement (down 0.27%) declined.

Shares of Hindustan Aeronautics were trading at Rs 1,166.85 on BSE, a discount of 3.96% from the issue price of Rs 1,215 on its debut on the bourses today, 28 March 2018. The shares got listed on the BSE at Rs 1,169. The stock had hit a high of Rs 1,184 and low of Rs 1,150 so far during the day.

On the macro front, the total revenue received under Goods and Services Tax (GST) for the month of February 2018 (received in February/March upto 26 March) has been Rs 85174 crore. 1.05 crore taxpayers have been registered under GST so far till 25 March 2018.

Overseas, Asian stocks dropped tracking overnight slide on Wall Street. US stocks closed sharply lower yesterday, 27 March 2018, erasing earlier gains, as a decline in the broader tech sector brought the major indices down. Last week, reports emerged alleging that Cambridge Analytica, an analytics company, had gathered data from 50 million Facebook profiles without users' permission, raising concerns over data privacy.

Today's Calls:
#High - Risk - High - Gain Counter: Buy Pincon Spirit Ltd at around Rs.20.70, SL: Rs.17, T: Rs.31-39-45-51. Last year in June, Pincon Spirit Ltd announced that it will set up two new plants in West Bengal at a total cost of about Rs.50 crore. The company’s board approved “setting up of a rice bran oil refinery and solvent extract automated plant at Dankuni Industrial area, West Bengal, at a tentative cost of Rs 30 crore,” Pincon Spirit said in a BSE filing. It will have a production capacity of 200 mt per day. Of the total production, 50 per cent will be for captive use of Pincon rice bran oil brand sales across India, while the rest will be for bulk supplies to corporate buyers.
The board of Pincon Spirits Ltd also approved setting up of a polythylene terephthalate bottle (PET) manufacturing plant at Asansol with a tentative cost of Rs.20 crore. The Asansol plant will have a production capacity of 10 lakh bottles per day and will be used for the company’s captive use.
The Ongoing Marriage season  and Sizzling summer months ahead is likely to push up Beer sales in India. Remain invested in Liquor companies....

#Buy NIFTY FUTURE at around 10130; SL: 10105; Target: 10168....Book PARTIAL PROFIT at around 10151.

#Intraday BUY Tech Mahindra Ltd at around Rs.633, SL: Rs.626, T: Rs.645-65. Book FULL PROFIT at around Rs.640.

#Buy BANK_NIFTY Future of 24400CE at around Rs.25-26; SL  below Rs.10 for a target of Rs.52 - 68.....

#Buy the shares of Housing Development & Infrastructure Ltd (HDIL) at around Rs.39.9, T: Rs.45-47, SL: Rs.36..

#Those who are holding the shares of P C Jewllers Ltd can continue to add on declines, keeping a strict stop  loss at Rs.311. After demonetization and implementation of the GST, the gems and jewelry space is slowly limping back to normalcy. Also, destruction of the brand Gitanjali Gems Ltd is likely to have positive effect on the stocks of the branded jewelry companies.

~~With inputs from Capital Market - Live News...

Tuesday, March 27, 2018

#The stock of Reliance Infrastructure Ltd which was recommended yesterday at around Rs.422,
reached the 1st target of Rs.437 (intraday high of Rs.437.55) before closing at Rs.431.60 in the NSE. If the market remains buoyant tomorrow then we can look for targets of Rs.441-447-452 tomorrow. The company has an order book of more than Rs.5000 and is on the verge of becoming debt free.

#The scrip of Inox Wind Ltd recommended today at around Rs.108, made an intraday high of Rs.113.45, before closing at Rs.111.25 up 2.72%. According to some analysts after receiving a shock post budget, the wind energy sector is likely to stabilise in 2018 and fully recover in 2019. Therefore, try to sit on the train before it is too late.

#The share of P C Jewellers Ltd today made an intraday high of Rs.331.90 before closing at Rs.323.65. Those who have bought the share at higher price can average at the current levels, for targets of Rs.337-341.

#The stock of Steel Authority of India Ltd was recommended today at around Rs.71. The stock made an intraday high of Rs.74.20, before closing at Rs.73.20. We can look forward for targets of Rs.82-87, in the coming days.

#The stock of 3i Infotech Ltd closed flat today at Rs.5.05. The investors can do well to buy the scrip at every decline and keep holding.

#The Nifty has given a break out above 10150, the next targets for the Nifty are 10260 followed by 10430 and 10565.
Market Pulse
Key benchmark indices traded with modest gains in mid-afternoon trade tracking firmness in European stocks. At 3.26 pm the Sensex was seen trading 33,204.64 up 138.23 points or 0.42% while the Nifty was trading at 10,184.55 up 53.90 or 0.53%.

Market sentiment remained positive on strong global cues amid reports of trade negotiations between the United States and China, which eased fears of a trade war and improved investors' risk appetite.

Key indices opened the session on a higher note on positive global stocks. Indices trimmed gains in morning trade and hovered with small gains in mid-morning trade. Indices hit intraday lows in early afternoon trade before recovering some intraday gains and trading range bound in mid-afternoon trade.

Among secondary indices, the S&P BSE Mid-Cap index advanced 1.18%. The S&P BSE Small-Cap index gained 1.47%. Both these indices outperformed the Sensex.

Overseas, European and Asian stocks advanced after Wall Street rebounded in previous trading session amid a slight easing in trade tensions. US stocks closed sharply higher yesterday, 26 March 2018, bouncing back from strong losses in the previous session as trade tensions between the US and China appeared to ease.

Closer home, the broader market depicted strength. On the BSE, 1,841 shares advanced and 704 shares declined. A total of 137 shares were unchanged.

Auto stocks were mixed. Eicher Motors (up 2.24%), Maruti Suzuki India (up 0.8%), Ashok Leyland (up 0.35%) and Tata Motors (up 0.29%) gained. Bajaj Auto (down 0.96%), Hero MotoCorp (down 0.53%), TVS Motor Company (down 0.43%) and Mahindra & Mahindra (down 0.31%) edged lower.

Aviation stocks surged. Jet Airways (India) (up 4.75%), InterGlobe Aviation (up 2.57%) and SpiceJet (up 1.16%) advanced.

Kalpataru Power Transmission gained 1.53% to Rs 470.45 after the company announced that it has secured new orders/notification of award of Rs 901 crore. The announcement was made during market hours today, 27 March 2018.

On the political front, voting for the Assembly elections in Karnataka will be held on 12 May 2018, and the results will be out on 15 May 2018.

Meanwhile, the no-confidence motions moved by various opposition parties against the ruling National Democratic Alliance (NDA) have not been taken up even today as both the houses of Parliament were adjourned for the day. Ever since the second half of the Budget session commenced from March 5, the Parliament has been adjourned over vociferous protests from the opposition parties over a range of issues like PNB scam, Cauvery water board and Andhra Pradesh special category status.

Today's Calls to the Premium Members:
#Buy the shares of Inox Wind Ltd at around Rs.108-109, T; Rs.181, SL: Rs.97. 

#Buy the scrip of Steel Authority of India Ltd (SAIL) at around Rs.71, T: Rs.82, SL: Rs.67.

#Buy the stocks of UPL Ltd at around Rs.734; SL :Rs.716; T: Rs.761 on T+2 basis.

~~With inputs from Capital Market - Live News..
Winning Strokes
Photos: Colossos
The Indian bourses got support at around near 9981, as mentioned to the Premium Members during the market hours yesterday. The pullback rally made the Nifty gain by 132.60 points or 1.33%. The Nifty is likely to get some resistance near 200-DMA, but the short term trend remains bullish.  

The stock of Reliance Infrastructure Ltd which was recommended around Rs.422 yesterday, moved to Rs.429.15 in the NSE before closing at Rs.424.80. Today, if the market remains buoyant, then we could see Rs.433-437 - 441-447 levels. 

The scrip of MCX Ltd (Rs.688.75) moved to Rs.698, after it was recommended around Rs.681, to the Premium Members. The company is likely to launch two more products in April 2018. In an interview to CNBC-TV18, Mrugank M Paranjape, MD & CEO of Multi Commodity Exchange of India (MCX) said that  the exchange is witnessing positive increase in volume in the 45-50 days of Q4. In January, this year SBI Mutual Fund bought 8,19,048 shares of Multi Commodity Exchange of India at Rs.840.50. We can look for targets of Rs.797-820 in the coming days.. 

The share of 3i Infotech Ltd yesterday moved to Rs.5.25 in the  NSE before closing at Rs.5.05. With the IT industry undergoing rapid changes in recent years, whether it is on, the software side or new business models, software companies are forced to adopt or make crucial changes to their overall strategies in order to stay relevant in the changing times. And that’s what the Mumbai based software product company 3i Infotech has done in recent years by planning and executing a three-stage business strategy of ‘protect-consolidate-grow.’ To a large extent, this strategy has been successful in helping 3i Infotech to revive and revamp its overall business, software product portfolio, customers, revenue, and growth. You can start averaging and we can look for targets of Rs.5.70-6.90-7.85 in the coming days.

Today, during the market hours I will recommend a short term momentum counter to the Paid Group members. Join the Premium Group or trade through my associated brokerage house with a minimum portfolio size of Rs.3 lakhs to get the name of the scrip; which is likely to cover your subscription charge. 
Also, note that I have decided to give Special discounts on the subscription charge, to the SMALL INVESTORS, till 15th April, 2018. So hurry up!! The market has become so competitive these days, that it is getting increasingly difficult to make money on a consistent basis even for the experts. 

Monday, March 26, 2018

Market Pulse
Key benchmark indices hovered with small losses in morning trade after a volatile start. At 10:18 IST, the barometer index, the S&P BSE Sensex, fell 30.97 points or 0.1% at 32,565.57. The Nifty 50 index dropped 23.85 points or 0.24% at 9,974.20. Market sentiment remained subdued amid fears of global trade war.

The S&P BSE Mid-Cap index fell 0.22%. The S&P BSE Small-Cap index dropped 0.27%. Both these indices underperformed the Sensex.

Overseas, Asian stocks edged lower amid fears that rising tensions between the United States and China could lead to a full-blown trade war. US stocks fell sharply on Friday, 23 March 2018 as investors assessed the possibility of a trade war brewing between the US and China.

Meanwhile, reports suggested that China and the US have quietly started negotiating to improve US access to Chinese markets, after a week filled with harsh words from both sides over Washington's threat to use tariffs to address trade imbalances.

Closer home, the breadth, indicating the overall health of the market, turned negative from positive. On the BSE, 1,298 shares declined and 809 shares advanced. A total of 118 shares were unchanged.

Telecom stocks were mixed. Reliance Communications (up 0.88%) and Idea Cellular (up 0.32%) advanced. Bharti Airtel (down 0.45%) and Mahanagar Telephone Nigam (down 0.26%) edged lower.

Cement stocks also witnessed a mixed trend. Shree Cement (up 0.91%), Ambuja Cements (up 0.51%) and ACC (up 0.17%) edged higher. Grasim Industries (down 2.13%) and UltraTech Cement (down 0.54%) edged lower.

Dr Reddy's Laboratories (DRL) was down 0.7%. The company announced that it has launched Palonosetron Hydrochloride Injection, 0.25 mg (base)/5 ml, a therapeutic equivalent generic version of Aloxi Injection approved by the US Food and Drug Administration (USFDA). The announcement was made during market hours today, 26 March 2018.

NHPC was down 0.19%. The company announced that it has fully commissioned a 50 megawatts solar power project in Theni/Dindigul District of Tamil Nadu on 23 March 2018. The announcement was made after market hours on Friday, 23 March 2018.

Lumax Auto Technologies gained 1.26% after the company's board of directors considered and approved a 5-for-1 stock-split of equity shares. The announcement was made after market hours on Friday, 23 March 2018.

Today's Calls:
#The risk taking traders can buy the shares of Reliance Infrastructure Ltd at around Rs.422, T: Rs.441, SL: Rs.415. The company has an order book of more than Rs.5000 crore and its share has a good value. It is strange why the stock is trading at such dismal levels. Also, after the completion of the deal of the sell of its power division, the company is likely to become debt free.

#Buy the shares of MCX Ltd at around Rs.681, T: Rs.797, SL: Rs.667. The other targets are Rs.939 and Rs.1129.

#Buy the shares of P C Jewelers Ltd at around Rs.321-322, T: Rs.341, SL: Rs.315. The ongoing marriage season is likely to boost up the share price of the P C Jewellers Ltd, apart from lowering of competition due to the demise of one of the most reputed brands like Gitanjali Gems Ltd. 

~~With inputs from Capital Market - Live News....

Wednesday, March 21, 2018

Market Pulse
The market trimmed gains in early afternoon trade as profit booking emerged at higher levels. The Sensex is now trading above the psychological 33,000 mark. Positive trend in other Asian indices boosted sentiment in domestic market. Cement and telecom shares rose.

The market hit fresh intraday high in mid-morning trade after opening in positive terrain. Key indices trimmed gains in early afternoon trade. The Sensex rose 358.17 points, or 1.09% at the day's high of 33,354.93 in mid-morning trade, its highest level since 16 March 2018. The index rose 94.06 points, or 0.29% at the day's low of 33,090.82 in early trade. The Nifty rose 102.95 points, or 1.02% at the day's high of 10,227.30 in mid-morning trade, its highest level since 16 March 2018. The index rose 48.85 points, or 0.48% at the day's low of 10,173.20 in early trade in early trade.

Among secondary barometers, the BSE Mid-Cap index was up 0.80%. The BSE Small-Cap index was up 0.79%. Both these indices outperformed the Sensex.

The market breadth was strong. On BSE, 1,473 shares rose and 960 shares fell. A total of 161 shares were unchanged.

Overseas, Asian shares were trading higher after recent losses amidst caution ahead of a key US Federal Reserve policy meeting outcome. US stocks ended higher Tuesday, led by strong gains in the energy sector as the overall market reclaimed some lost ground from the previous day, when tech shares fell sharply.

The US Federal Reserve started a two-day monetary policy meeting yesterday, 20 March 2018. The outcome of the meeting will be announced later in the global day today, 21 March 2018, with new Chair Jerome Powell set to give his first news conference.

Transport Corporation of India rose 2.26% after the company announced acquisition of a new ship to increase capacity in the West coast of India. The announcement was made after market hours yesterday, 20 March 2018.

Transport Corporation of India said that the company's division, TCI Seaways, has announced capacity addition and business expansion of its domestic coastal shipping business through acquisition of another vessel in the West coast of India. The total investment made in the acquisition of the new ship is about Rs 48.80 crore. The financing for this new ship has been done through internal accruals and loan from banks. The new ship with a dead weight tonnage (DWT) 26262 can hold 766 containers (TEUs and FEUs). Each container with a carrying capacity of 30 tonne will be plying in the West-South coast corridor.

On the economic front, investment bank Goldman Sachs reportedly downgraded its forecasts for India's economy on Tuesday, 20 March 2018, in the wake of a more than $2 billion fraud at Punjab National Bank, warning it could spark tighter regulation of the banking sector that would constrain credit growth. Goldman Sachs lowered its real GDP forecast on India till March 2019 to 7.6% from 8% earlier. For the current fiscal ending 31 March, it forecasts the Indian economy to grow 6.6%.

Today's Calls:
#Buy the shares of Reliance Infrastructure Ltd at around Rs.448-449, SL: Rs.446, Target: Rs.471. The infrastructure companies are likely to do well in the days to come, especially Reliance Infra, after it had substantially reduced its debt and has an order book of more than Rs.5000 crore. 

#Buy the shares of Lanco Infrastructure Ltd at the lower circuit at Rs.1.15 and keep holding. The stocks of high debt companies fell after Dr.Subramanium Swamy's tweet on Adani group. However, these are the times, you need to take positions in such scrips. Earlier there were news reports that: Four companies have evinced interest in acquiring Lanco Infratech, the holding company for several power and infrastructure projects having loan totaling more than Rs.45,000 crore.

#The stock of Jai Corp Ltd today rose to Rs.145.5, and is now trading at around Rs.141.50. The stock has huge prospects going forward.

#The shares of 3i Infotech Ltd has hit the buyer freeze at Rs.4.85 in the NSE. The investors should keep holding and start averaging after it gives a closing above Rs.6. 

~~ with inputs from Capital Market - Live News...