SumanSpeaks: The Information Super Highway

  Crude Oil Check Generally, the  crude oil price tends to hold up for few weeks, before giving a pronounced break out in either direction. In the current scenario, the crude oil price is breaking one levels after another, since the war drums in Europe sounded. Taking cues from this, we can say that crude prices may hover between $106 - $113, for sometime, before giving a decisive breakout on the upside. Photo : Macrotrends.com. The war Between Ukraine - Russia will go on for atleast a few months, with sanctions crippling the 2nd biggest producer of crude oil.  I feel it is pertinent to mention here that generally speaking, after - effects of sanctions generally come with a couple of months phase gap. Which means the crude oil may start to march aggressively ahead towards north, from May 2022 end. I'm expecting the crude oil to touch at $130 a barrel in the near future, breaking which it may try to access $137/139 range. Hence, take your position in crude oil related (dri...

  Crude Oil Price Crude oil prices began the week lower as a result of the start of a lockdown in Shanghai due to a high number of Covid infections, rekindling concerns about a loss of oil demand in the world's largest importer. But this view is over exaggerated, as Covid - 19 vaccination will prevent a 2020/2021 like situation. Hence, I don't foresee a large fall in demand for crude oil, especially as the oil guzzling counties like India has started to see a demand spike.  Above is the three months chart of Crude Oil (WTI) price from  Investing.com. Meanwhile, in a rather volatile trading session on Tuesday, crude oil prices rebounded and rose, despite the fact that Ukraine and Russia were heading for peace talks, and demand concerns remained as China shut down its financial hub in Shanghai to stem a surge in coronavirus cases. While the benchmark Brent crude oil price fell early on Tuesday, extending losses from the previous session, it recovered and was last up nearly ...

  Tit - bits 🌟After a two-year hiatus, Indian skies have reopened to scheduled international flights. The start of scheduled international passenger flights signals the end of air transport bubbles, which came into fore in mid-2020. The resumption of international flights will provide more travel options for passengers, which will likely translate into increased revenue opportunities for airline companies who at the moment, are grappling with high fuel prices. The travel industry, which was severely impacted by the Covid-19 pandemic, is expected to see a rapid recovery in demand. Stocks in focus: Positive effect could be seen in the stock prices of: Indigo (Rs.1,938.20), Spice Jet (Rs.56.90) and Jet Airways (Rs.86.75).  Rub off effect: Global Vectra Helicorp Ltd (Rs.48.55). 🌟The high crude oil prices could increase investments in exploration of crude oil, which in turn will move up per day rates of oil rig maintenance and seismic survey companies. Stocks in focus : Aban Off...

Winning Strokes Dow Jones rose by 1.02% or 349.44 points to 34,707.94 while Nasdaq rose by 1.93% or 269.23 points to 14,191.84. The 10-year Treasury yield rose 5 basis points to 2.37%. Photo : DailyFx Back home, according to a report published in The Hindu on 24 March: "In the COVID-19 year of 2020-21, both real GDP and GVA contracted by minus 6.6% and minus 4.8%, respectively. The NSO’s SAE show that real GDP and GVA growth are estimated to recover to 8.9% and 8.3%, respectively, in 2021-22. Despite this improvement, the magnitude of real GDP at ₹147.7 lakh crore in 2021-22 is only marginally higher than the corresponding level of ₹145.2 lakh crore in 2019-20. The NSO’s GDP data highlights that in 2021-22, the nominal GDP growth at 19.4% is significantly higher than the real GDP growth due to an inordinately high implicit price deflator (IPD)-based inflation rate of 9.6%. Monetary policy authorities need to take note of this. However, the growth of consumption and investment dema...

Global Vectra Helicorp Ltd: Buy CMP: Rs.49.45 Book Value: Rs.34.21 Sector P/E: 49.04 Market Cap: Rs.69 crore. Introduction : Global Vectra Helicorp Limited (GVHL) is India's largest private helicopter company, with over two decades of experience providing professional, safe, and accident-free helicopter services. The Company's operations include support for India's offshore oil and gas industry, onshore operations for state governments (VIP flying), election flying, and other rotary services. It is also pioneer in the use of helicopters to conduct specialised aerial geophysical surveys and, more recently, in the provision of power industry support services.   Photo :  Helis.com Interestingly, GVIL, the India’s largest private helicopter company, has fleet of over 20 aircraft, including Bell Helicopters (Bell 412), Airbus Helicopters (H155B1, H135P2, H130T2 and AS350B3) and AgustaWestl and Helicopters (AW 139). The fleet of helicopters, which range from small light helicopt...

  Future Retail Vs Amazon: My Take: We are all aware of the fact that Future Retail Limited is embroiled in a legal battle with US retailer Amazon over the sale of assets to Mukesh Ambani's Reliance Retail for Rs.24,713 crore. Photo : Quint Yesterday, the Supreme Court heard Amazon's challenge to the Delhi High Court's order staying further arbitration proceedings with the Future Group before the Singapore Arbitration Tribunal. During yesterday's (Supreme) Court proceedings, Future Retail's counsel informed the bench that his client is bankrupt and that Amazon has brought the company to its knees.  Meanwhile, Amazon's counsel stated that talks between the parties to resolve legal disputes had failed, and that Reliance is taking over Future's stores. Surprisingly, Harish Salve, the counsel for the Future Group, added, "Not a single store has been surrendered, and Reliance has taken away the lease." Interestingly, both parties' counsel agreed to ...

Winning Strokes The domestic bourses are in the Green today, after positive news flow from Ukraine - Russian war front. The BSE Sensex was seen trading at 56,177.05 up 626.75 points (+1.13%), while the Nifty was seen at 16,778.35, up 147.90 points (+0.89%). The markets are likely to consolidate for few more days in the current ranges due to seasonal factors. You should however, pick up good stocks from the small and mid cap space, for the rally to start from the last week of March, 2022. # Today's call : When Crude Oil is raging high in the international markets, and BGR Energy Ltd (Rs.102) is hitting continuous buyer Freezes, we can focus on a company which provides energy services. Buy the shares of Asian Energy Services Ltd near Rs.114/115 for medium term targets of Rs.170/172. SL: Rs.107. Photo: Way2moneymarket.com #The stock of Future Retail Ltd (Rs.44.40) came down, intraday, due to uncertainties surrounding 15 March, 2022 court verdict. However, it is now, more or less a Mu...

  Winning Strokes The markets are trading in the green as of now. The BSE Sensex was seen trading at 55,561.78 up 97.39 points (+0.18%), while the Nifty was seen at 16,636.00, up 41.10 points (+0.25%). I feel over the next few days, the indices will consolidate around the current ranges, while we will continue to see stock specific actions. Photo : News8Plus . #The shares of Bombay Rayon and Fashions Ltd (Rs.7.95) Freezed in NSE. Keep holding for targets mentioned earlier. #The stock of A2Z Infra Engineering Ltd (Rs.10.90) hit another consecutive buyer Freeze. We are likely to see further positive action in the counter. It is a huge company and hence we can expect good returns in the near future. #Risk taking investors can buy or average out, the shares of Future Retail Ltd (Rs.46.40). I feel the game is over for Amazon and the Apex Court is likely to give a favorable view on 15 March, 2022. Mukhesh Ambani, is tightening his grip over the company and soon we may hear the news of ...

Winning Strokes The India bourses are roaring, after some respite came on the war front. The BSE Sensex was up by 828.39 points (+1.52%) to 55,475.72, while Nifty was seen trading at 16,592.80 up 247.45 points (+1.51%). With minimum negative news coming from the Ukraine - Russia border issues, we can expect some more upward movement in the indices. # Today's call: Buy the shares of SAIL near Rs.98, for short term targets of Rs.127/131.  The new plant of SAIL at Rourkela, Odisha is generating good demands for its products as it uses the latest technology to manufacture (flat products, coils, etc). Meanwhile, the commodity prices are shooting over the roof in the international markets. #As expected the shares of A2Z Infra Engineering Ltd (Rs.10.40), hit the buyer freeze in the opening trade. It is a huge company, whose operations got hit due to Covid - 19 pandemic. However, the condition of the world is improving day by day, we are likely to see good performance of the company goi...