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Showing posts from 2014

HIgh Volume Breakout - Dec_31_2014

p_symbol last_close pct_change_1_day vol ratio AHMEDFORGE 343.4 5.14 2.1 ALLCARGO 327.75 2.84 2.6 AMTEKAUTO 179.9 8.02 3.7 AMTEKINDIA 76.75 13.37 4.9 ANGIND 39.95 9.15 2.2 ARCHIES 29.1 4.68 2.3 ATULAUTO 676.1 6.6 4.1 BEL 2947.55 4.94 2.2 BEML 793.8 5.71 4.3 BLUESTARCO 330.85 4.62 3.0 BPL 33.6 20 10.6 BRITANNIA 1840.1 3.14 2.2 CARERATING 1481.75 3.63 2.6 DBREALTY 69.95 19.98 11.0 DISHMAN 130.95 7.82 2.1 DLINKINDIA 171.6 5.28 5.2 GATI 282 10.85 3.6 GPPL 206.75 8.93 3.5 GREENPOWER 16.85 8.01 2.5 HBLPOWER 32.1 3.38 2.0 HMVL 216.65 6.57 2.3 INDOCO 311.75 4.9 2.3 JBMA 178.6 5 2.5 JSL 42.35 6.41 7.5 KEC 94 ...

Weekly outlook - 21/12/14

Gold - On weekly chart, Momentum is strong, all the indicators are giving buy signal. Immediate resistance = $1242.  Target - $1975- $1305. support - $1195 http://www.investing.com/technical/commodities-indicators Gold Symbol Value Action RSI(14) 48.439 Neutral STOCH(9,6) 67.321 Buy STOCHRSI(14) 61.289 Buy MACD(12,26) 1.520 Buy ADX(14) 21.474 Neutral Williams %R -37.008 Buy Name Value Action CCI(14) -32.2176 Neutral ATR(14) 3.5714 Less Volatility Highs/Lows(14) 0.0000 Neutral Ultimate Oscillator 60.336 Buy ROC 0.188 Buy Bull/Bear Power(13) -1.8040 Sell Buy: 6 Sell: 1 Neutral: 4 Indicators Summary:  Strong Buy Crude - The price is set to move downwards, current support is at $51 i.e. 78% retrace from high of 2011 at $111. prices are in oversold region. TP = $51. SL = $64. Crude Oil Time: 12/12 GMT Symbol Value Action RSI(14) 21.451 Oversold STOCH(9,6) 31.019 Sell STOCHRSI(14) 22.097 Oversold MACD(12,26) -1.350 Sell ADX(14) 73.138 O...

Bond Rates

short term interest rate contracts yield = basis point ( 1 BP - $25 per contract) long - yield falls short - yield rises Interest rate (+) = price (-) ==> short - yield rises Interest rate (-) = price (+) ==> long - yield falls eurodollar - euro account with dollar denominated acct yield = 100 - price

CCL Products

CCL products (Strong Buy) - The stock has been showing strong momentum. However, correction is on anvil for (39 - 37), and this should give us the opportunity to accumulate the stock.  The stock can give returns on Long term Horizon. The stock is trading at very cheap valuation as compared to its peers like TATA Cofee & McLeod Russel. Daily Chart Results as of 28th Jan:- CCL Products India has reported a consolidated sales turnover of Rs 198.26 crore vs Rs 166 and a net profit of Rs 17.19 crore vs Rs 16.66 for the quarter ended Dec '13. Other income for the quarter was Rs 0.86 crore. For the quarter ended Dec 2012 the consolidated sales turnover was Rs 207.60 crore and net profit was Rs 15.24 crore. Read more at:  http://www.moneycontrol.com/news/results/ccl-products-consolidated-dec-13-sales-at-rs-19826-crore_1032609.html?utm_source=ref_article Buy :- CMP-40.35, Trigger price for Buy - @37/34

Kei Industries

Kei Industries :- (STRONG BUY) Broken the channel with strong volumes, %delivery at 70. Buy for Target of 16.5, SL - 11. If targets are met, Hold for Target of 19+. Monday would be a volatile session, if the stock corrects wait for the levels of  11 - 10.5. This would be the best zone to go for Long position. Daily Chart

Persistent Systems

Persistent Systems :- The stock has been making upmoves with consolidation at each stage. This indicates the strength of the stock. The stock should be accumulated at these levels for higher targets in coming months. This is long term stock and with strong fundamentals. It has good %age holding across foreign and inhouse funds. SL - 900 , TP - 1200, CMP - 973 (2 Months)

Hexaware Technologies

Hexaware Technologies - (Buy) SL 130, TP - 160, CMP - 135. This is one stock which is trading at low valuation as compared to its peers. PE is 11.9 as compared to 15+ to rest of its peers. I am betting big time on this stock because of 2 reasons:- 1) Low valuation 2) The stock is in SCIF ETF fund (US). SCIF fund is beginning to show up-move and Hexaware is one of the top holdings in the portfolio. And as the risk aversion in US equity kicks in, Hexaware is gonna be the black horse. Also do check out persistent systems. 17/1/2013 : - All Profits should be booked at current levels. The trade is closed as of now.

Nifty Trend - 5/1/14 - 12/1/14

Market Analysis - technical view. Nifty and Bank Nifty charts indicate there is ngeativity in the market. BN should contribute the most in the downfall. Though Nifty has taken support at lower trendline, however this should be broken as soon as BN breaches 11000 levels. Oil & Gas may show some respite but BN should eventually drag the markets down. Target:- BN (SELL) - SL - 11326, Tp - 10890, CMP-11181. Nifty (Sell) - if closes below 6150 for targets of 6030. Bank Nifty Nifty Market Analysis - Short term view. The week saw a sudden surge in volatility as well collapse of the same. However, be cautious as the volatility is above the MVA-10. Gold is nicely poised at 1235 breaking the resistance of 1225.  Silver after showing good gains overnight is building the base.  USD INR making a comeback to 62.24 levels. Crude and Brent Crude show sharp downfalls. However, the contra trade is dollar index which is trading from 0.5% - 1% gai...

Exide Industries

Exide Industries :-  3rd Dec 2014. The stock is facing the resistance cloud at 118 - 125 band. Hence, no long positions should be taken in this stock. Also do note that the nearest support zone is at 113. Hence i shall recommend no positions till the zone is clear. if Less than 113, then SELL for bigger downside If Greater than 120, then Watch the stock to take long positions at 124. 

Lanco Infratech

Lanco Infratech This stock would possibly give the best of returns. Reasons:- 1) Momentum solid towards upmove. 2) despite sharp sell off, it didnt break the support zone that it had been forming over 6 trading sessions. 3) it has moved over the resistance zone of 7 and trading above it at 8. This is significant as this is considered a strong support zone wherein it had been trading in this range for 2 months. so break above this along with above avg volumes is a good sign CMP - 7.95, SL - 7.5, TP - 10.