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Showing posts from December, 2016

How to trade & which stocks to buy in 2017?

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Here are brokerage firms' views on how to trade market and which stocks to pick in 2017. CitiImproving visibility of India earnings post demonetisation could lead to a bright spot in H1CY17 for Indian equities. Key events to watch out in CY17 are: progress on GST, timing of earnings normalisation and inflation trajectory and rates. Stock pick strategy  (a) Lower weight on financials slightly; add Shriram Transport Finance (SHTF) post 35 percent correction from high; (b) add Hero Moto post recent upgrade (c) reduce underweight to IT services marginally given dollar appreciation
Bank of America Merrill Lynch Indian equity can match beat bonds December-end Sensex target of 29000 Lower stock prices offer increased margin of safety. Market earnings growth should improve Stock pick strategy Prefer banks, rural plays (two-wheeler and tractors), large caps (midcaps expensive)
Morgan Stanley Equity markets looking attractive and poised for double digit returns in 2017 Equities likely to deli…

PERFORMANCE OF THE DAY- 30 Dec 2016

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STOCK FUTURES:

FUTURES INTRADAY:
TECHM FUTURE BUY CALL 3RD TG
ZEEL FUTURE BUY CALL  2ND TG

PREMIUM FUTURES:
ITC FUTURE BUY CALL FULL BOOKED PROFIT

OPTION
BUY ITC CALL  240, 2ND TGT

STOCK CASH

STOCK CASH INTRADAY:
BUY JUBLFOOD  IN CASH  2 TGT

STOCK SUPER PREMIUM
BUY CENTURY TEXTILES IN CASH  1 TGT

EQUITY KING CALL
BUY TCS FUTURE JAN BOOKED PROFIT

GAILINDIA FUTURE  50% PROFIT BOOKED NR 437.50.

OPTION STRATEGY
BUY HDFCBANK 1200 CALL JAN HOLD FOR TOMORROW.
BUY TCS 2400 JAN CALL
ITC 240 CALL BUY ON HOLD FOR TOMORROW.

Investment & trading in securities market is alwayssubjected to market risks, past performance is not a guarantee of future performance.
CapitalStars Investment Adviser: SEBI Registration Number: INA000001647 Visit Here-http://www.capitalstars.com/

INDIAN EQUITY MARKET WRAP UP- 30 Dec 2016

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INDIAN BENCHMARKS: SENSEX NIFTY GEAR UP ON LAST TRADING SESSION OF 2016
After a lot of struggle the Nifty could not touch 8200. The 50-share index ended up 82.20 points or 1 percent at 8185.80 while the Sensex was up 260.31 points or 0.9 percent at 26626.46.
The Sensex gained 2 percent, Nifty climbed 3 percentin 2016. Bank Nifty climbed most, up 8 percent in the year.
Sun Pharma, GAIL, ITC, Infosys and BHEL were top gainers while Bajaj Auto, Tata Steel, Dr Reddy's Labs, HDFC Bank and ONGC were losers in the Sensex.
HEADLINES OF THE DAY
Ultratech to expand Chittorgarh limestone mine to 13.2mtpa. Aurobindo gains on USFDA approval for Ziprasidone Hydrochloride. Petronet, Petrobangla sign agreement to set up LNG re-gasification terminal.
The crucial resistance for Nifty spot is now seen at 8230 and above this 8275 Support for the immediate term is now placed at 8120 and next support will be 8050.
Investment & trading in securities market is alwayssubjected to market risks, past performance…

INDIAN EQUITY MARKET OUTLOOK - 30 Dec 2016

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Nifty reclaims 8150, Sensex climbs over 150 pts; ITC, ICICI gain
The market has kick-started January Futures and Options (F&O) series on a flat note. The Sensex is up 54.61 points or 0.2 percent at 26420.76 and the Nifty is up 16.05 points or 0.2 percent at 8119.65. About 215 shares have advanced, 50 shares declined, and 19 shares are unchanged. Investors will be keenly watching for any government announcement as Prime Minister Narendra Modi's 50-day demonetisation deadline draws to a close today.
Cipla, ONGC, Maruti, Axis Bank and Asian Paints are top gainers while HDFC, Wipro, Bharti Airtel, Infosys and Reliance are losers in the Sensex.
The Indian rupee gained in the early trade. It has opened higher by 15 paise at 67.95 per dollar versus 68.10 Thursday.
"Festive fervour is the theme right now across the world. The dollar index has given up some of the recent gains and is trading below 103. EM currencies are still under cloud."
"USD-INR is expected to trade within…

INDIAN EQUITY MARKET OUTLOOK - 29 Dec 2016

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Nifty hovers around 8050; TCS, Infosys, Axis early gainers
The market has opened flat on December Futures & Options expiry today. The Nifty is down 11.00 points at 8023.85 and the Sensex is down 29.47 points or 0.1 percent at 26181.21.
HUL, Adani Ports, L&T, Bharti Airtel and HDFC bank are losers while Axis Bank, Lupin, Cipla, M&M and SBI are gainers in the Sensex.
The Indian rupee opened flat at 68.24 per dollar versus previous close 68.24.
"Year-end holidays expected to keep volumes and activity in currency markets low and thin. USD-INR expected trading range for the day 68-68.30/dollar."
Global markets are unsteady as Dow closed downtriple digits triggered by a sharp drop in home re-sales. Asian shares slipped on Thursday after Wall Street suffered a mild setback after weeks of gains, while the dollar stayed in demand as US government debt offered ever-fatter premiums over euro zone bonds.
Investment & trading in securities market is alwayssubjected to market ri…

PERFORMANCE OF THE DAY- 28 Dec 2016

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STOCK FUTURES:

FUTURES INTRADAY:
WIPRO FUTURE BUY CALL 1ST TG
MINDTREE FUTURE BUY CALL 3RDTG  

NIFTY FUTURES:
NIFTY FUTURE SELL CALL 3RD TG
BANK NIFTY FUTURE SELL CALL 3RD TG

OPTION
WIPRO 470 DEC CALL DEC. 1ST TG

STOCK CASH

STOCK CASH INTRADAY:
BUY DLINKINDIA BUY CALL 3RDTG
BUY GODERYPHLP BUY CALL 2ND TG

STOCK CASH  PREMIUM:
BUY RPPINFRA BUY CALL 3RD TG
BUY CESC BUY CALL HOLD FOR TOMORROW

STOCK SUPER PREMIUM
BUY MINDTREE IN CASH HOLD FOR TOMORROW
BUY CENTURY TEXTILES IN CASH HOLD FOR TOMORROW

EQUITY KING CALL
MIND TREE FUTURE MADE HIGH 517.4 BOOK FULL PROFIT

OPTION STRATEGY
BUY TCS 2400 JAN CALLHOLD FOR TOMORROW
BUY ITC 230 DEC. CALL

HNI CASH CALL
BUY BEML BUY CALL 1ST TG
BUY RPPINFRA BUY CALL 1ST TG
BUY DWARKESH BUY CALL1ST TG
BUY JUBLINDS BUYCALL 1ST TG

HNI OPTION CALL
BUY LIC HOUSING FINANCE 540 DEC. CALL FINAL TG

Investment & trading in securities market is alwayssubjected to market risks, past performance is not a guarantee of future performance.
CapitalStars Investment Adviser: SEBI Registration Number: IN…

SENSEX NIFTY ENDS FLAT AHEAD OF EXPIRY

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The market has ended lower. The Sensex ended down 2.76 at 26210.68, and the Nifty was up 2.00 points at 8034.85.
About 1497 shares advanced, 1111 shares declined, and 194 shares were unchanged.
Coal India, Wipro, Dr Reddy's Labs, Lupin and M&M were gainers while Reliance, Tata Steel, Hero MotoCorp, ICICI Bank and ONGC were losers in the Sensex.
HEADLINES OF THE DAY TCS partners with Canada based VersaCold Logistics Services. Bharat Financial surges after Morgan Stanley raises stake. RPP Infra strengthens after securing orders.
The crucial resistance for Nifty spot is now seen at 8050 and above this 8115 Support for the immediate term is now placed at 7970 and next support will be 7900.
Investment & trading in securities market is alwayssubjected to market risks, past performance is not a guarantee of future performance.
CapitalStars Investment Adviser: SEBI Registration Number: INA000001647 Visit Here-http://www.capitalstars.com/

INDIAN EQUITY MARKET OUTLOOK - 28 Dec 2016

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Market likely to extend previous session's gains
Indian Indices:
Indian equities are set to continue their gaining streak on Wednesday after a strong pullback rally yesterday, despite muted cues from global markets . SGX Nifty is trading 17.50 points higher.
The market may also see some volatility as trader will rollover their positions ahead of derivative expiry of December series scheduled on Thursday
Indian shares rose over 1% on Tuesday, rebounding from a seven-month low hit in the previous session to post gains in the year so far, as investors bought into shares of companies that were hit recently. The S&P BSE Sensex and CNX Nifty rose 1.57%-1.58% each.
Global Market:
Asia stocks followed Wall Street higher early on Wednesday, while the dollar firmed against major peers such as the yen following the release of upbeat U.S. economic data overnight.
European shares were steady on Friday with the focus on lenders after Deutsche Bank and Credit Suisse settled mortgage securities frau…

PERFORMANCE OF THE DAY - 27 Dec 2016

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STOCK FUTURES:

FUTURES INTRADAY:
TVS MOTORS FUTURE SELL CALL 3RD TG
BEML FUTURE BUY CALL COST EXIT

PREMIUM FUTURES:
BUY IOC FUTURE BUY CALL 2ND TG
BUY BEML FUTURE BUY CALL 2ND TG

OPTION
JSW STEEL 1500 PUT DEC. HOLD FOR TOMORROW
CIPLA 570 CALL  DEC. HOLD FOR TOMORROW

OPTION PREMIUM:
BUY BEML980 DEC CALL BUY CALL 1ST TG

STOCK CASH

STOCK CASH INTRADAY:
BUY DLINKINDIA BUY CALL 1ST TG

STOCK CASH  PREMIUM:
BUY BEML BUY CALL 3RD TG

STOCK SUPER PREMIUM
BUY CENTURY TEXTILES IN CASH HOLD FOR TOMORROW

EQUITY KING CALL
ONGC FUTURE MADE LOW 187.80 BOOK 50% PROFIT HOLD 50% FOR TGT 186.50
CASTROLIND FUTURE MADE LOW 353.8 NR FINAL TGT 352.5 BOOK MOST OF PROFIT NR IT

OPTION STRATEGY
BUY ITC 230 DEC. CALL HOLD FOR TOMORROW
BUY TVS MOT 360 PUT DEC FINAL TG

HNI CASH CALL
BUY BEML BUY CALL HOLD FOR TOMORROW

HNI OPTION CALL
BUY LIC HOUSING FINANCE 540 DEC. CALL HOLD FOR TOMORROW

Investment & trading in securities market is alwayssubjected to market risks, past performance is not a guarantee of future performance.
CapitalStars In…

INDIAN EQUITY MARKET OUTLOOK - 27 Dec 2016

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Nifty eyes 7950, Sensex steady; Bharti, Hero, Maruti laggards
The market is still in green on support from fewindex heavyweights. The Sensex is up 59.45 points or 0.2 percent at 25866.55, and the Nifty up 15.90 points or 0.2 percent at 7924.15. About 830 shares have advanced, 870 shares declined, and 100 shares are unchanged.
Cipla, Sun Pharma, Adani Ports, Lupin and TCS are top gainers whule Bharti Airtel, Hero, GAIL, Maruti and Bajaj Auto are losers in the Sensex.
The Indian rupee slipped in the early trade on Tuesday.It has opened lower by 10 paise at 67.84 per dollar versus 67.74 Monday. Ashutosh Raina of HDFC Bank said, "The year-end markets are very low on liquidity and continue to trade in a tight range with the dollar index hovering around 103 levels."
The dollar index held steady around the 103 mark, also Iranian rial hits record low against US dollar in a sign of concern about the country's ability to attract foreign money after US president-elect Donald Trump take…

Divis tanks 25% on fears of potential escalation of USFDA action

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Divis Laboratories on Friday said it is in the process of replying to the observations raised by USFDA, after the company lost a quarter of its market value at one point in the day, following reports of adverse observations from the USFDA made on its Vizag facility.
"Due process of reply to these observations requires Divi’s Laboratories to respond in detail and this is being done in time," the company said in a response to the clarification sought by the stock exchanges on the steep fall.
USFDA inspected the Unit-2 plant from November 29to December 6 and issued a Form 483 with five observations pertaining to breaches in data integrity, improper controls and violations of current good manufacturing practices (cGMP).
"Divi’s is a relatively stable company with reasonably good track record of regulatory compliance," said Satish Kantheti, joint managing director at Hyderabad-based brokerage house Zen Securities.
"Markets these days are punishing stocks that have issu…

PERFORMANCE OF THE DAY- 23 Dec 2016

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 STOCK FUTURES:

FUTURES INTRADAY:
GAIL INDIA FUTURE BUY   CALL  3RD TG
L&T FUTURE SELL CALL  1ST  TG

PREMIUM FUTURES:
SELL DIVISLAB FUTURE SELL CALL 3RD TG
SELL DIVISLAB FUTURE SELL CALL 1ST TG

NIFTY FUTURES:
BANK NIFTY SELL 2nd TG

OPTION
MARUTI 5100 DEC.CALL FINAL  TG
BEML 960 CALL DEC. 1ST TG

OPTION PREMIUM:
BUY AUROPHARMA 660 DEC.PUT BUY CALL 2N TG

STOCK CASH

STOCK CASH INTRADAY:
BUY DWARKESH BUY CALL 3RD TG

STOCK CASH  PREMIUM:
BUY DWARKESH BUY CALL3RD TG

STOCK SUPER PREMIUM
BUY ENGINEERS INDIA IN CASH HOLD FOR TOMORROW

EQUITY KING CALL
MARUTI FUTURE MADE HIGH 5207.80 NR FINAL TGT 5210 BOOK FULL PROFIT NR IT

OPTION STRATEGY
GAILINDIA CALL 430 TRADING NR 6.95 BOOK PROFIT
BHARAT FINANCIAL INCLUSION 520 DEC. PUT TRADING NR CMP 16 BOOK PARTIAL PROFIT

HNI CASH CALL
BUY BEML BUY CALL IN CASH FINAL TG BOOKED & HOLD FOR TOMORROW

HNI FUTURE CALL
SELL APOLLO HOSPITAL FUTURES HOLD FOR TOMORROW

HNI OPTION CALL
HINDALCO PUT 160 MADE HIGH 3.30 BOOK PROFIT,
BEML CALL 960 MADE HIGH 29.95 FINAL TGT 30 ALMOST ACHIEVED BOO…

INDIAN EQUITY MARKET WRAP UP- 23 Dec 2016

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INDIAN BENCHMARKS: SENSEX NIFTY ENDS MARGINALLY  HIGHER
Equity benchmarks gained for the first time in lasteight sessions on Friday, aided by HDFC group, infra and pharma stocks.
The 30-share BSE Sensex was up 61.10 points at 26040.70 and the Nifty gained 6.65 points at 7985.75. The market breadth was negative as about 1331 shares declined against 1215 advancing shares on the BSE.
HEADLINES OF THE DAY Divi’s Lab tanks on receiving 5 observations in 483 form. Maruti bookings grow in December 2016 post dip in November. Alkem labs receives EIR from USFDA for Daman unit.
The crucial resistance for Nifty spot is now seen at 8070 and above this 8130 Support for the immediate term is now placed at 7920 and next support will be 7840.
Investment & trading in securities market is alwayssubjected to market risks, past performance is not a guarantee of future performance.
CapitalStars Investment Adviser: SEBI Registration Number: INA000001647 Visit Here-http://www.capitalstars.com/

INDIAN EQUITY MARKET OUTLOOK- 23 Dec 2916

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Sensex extends losses, Nifty breaks 7950; Sun Pharma rebounds
The market extended losses in morning trade with the Nifty breaking 7950 level, dragged by FMCG and technology stocks. However, buying in oil and select banking & financials stocks arrested the fall.
Equity benchmarks started off Friday's trade on a negative note amid consolidation and low volumes, weighed by weak global cues ahead of Christmas holiday.
ITC, HDFC, Tata Motors, M&M, Adani Ports, L&T and Maruti Suzuki were under pressure while Asian Paints, Reliance Industries, Infosys, Sun Pharma and ICICI Bank gained.
The Indian rupee gained in the early trade today. It has opened higher by 6 paise at 67.93 per dollar versus 67.99 Thursday.
Asian shares were in the red today with little Christmas cheer expected in thin holiday trade after the Dow Jones index again fell short of the 20,000 mark.
US stocks fell on Thursday, weighed down by weakness in retailers, as investors stepped back from a recent rally fuelled …

PERFORMANCE OF THE DAY - 22 Dec 2016

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STOCK FUTURES:

FUTURES INTRADAY:
SRTRANSFIN  FUTURE SELL  CALL  3RD TG
CAIRN INDIA FUTURE SELL CALL  1ST  TG

PREMIUM FUTURES:
SELL AUROPHARMA FUTURE SELL CALL 2ND TG
SELL AMARAJABAT FUTURE AT SELL CALL 2ND TG

NIFTY FUTURES:
BANK NIFTY SELL HOLD FOR TOMORROW

OPTION
HDFC 1260 DEC.PUT 1ST TG
CAIRN INDIA 240DEC.PUT 1ST TG

OPTION PREMIUM:
BUY AUROPHARMA 660 DEC.PUT BUY CALL HOLD FOR TOMORROW

STOCK CASH

STOCK CASH INTRADAY:
SELL UJJIVAN IN CASH 3RD TG
SELL BEL SELL CALL 2ND TG

STOCK CASH  PREMIUM:
BUY M&M HOLD FOR TOMORROW
BUY BEML BUY CALL 3RD TG

STOCK SUPER PREMIUM
BUY BEML IN CASH BUY CALL 1ST  TG

EQUITY KING CALL
BEML FUTURE TRADING NR FINAL TGT BOOK FULL PROFIT NR IT
IOC BUY CALL 2ND TG 315 ALMOST ACHIEVED, BOOK MORE PROFIT NEAR IT
CEAT FUTURE FINAL TGT 1145 ACHIEVED BOOK FULL PROFIT NR IT

OPTION STRATEGY
BUY M&M 1200 CALL HOLD FOR TOMORROW
VEDL PUT 220 MADE HIGH 6.95 FINAL TGT ACHIEVED BOOK FULL PROFIT IN IT

HNI CASH CALL
BUY BEML BUY CALL IN CASH FINAL TG BOOKED & HOLD FOR TOMORROW

HNI FUTURE CALL
SRTRAN…

INDIAN EQUITY MARKET WRAP UP- 22 Dec 2016

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INDIAN BENCHMARKS: SENSEX TANKS AROUND 263 POINTS, NIFTY 50 BELOW 8000
Equity benchmarks extended losses for the seventh consecutive session today, falling 1 percent weighed by banking & financials, infra, oil and metals stocks. The Sensex plunged 262.78 points to 25979.60 and the Nifty fell 82.20 points to 7979.10.
About 1978 shares declined against 665 advancing shares on the BSE. The broader markets underperformed benchmarks with the BSE Midcap and Smallcap indices declining 1.5 percent and 1.25 percent, respectively.
HEADLINES OF THE DAY IFCI raises lending rate by 10 bps to 8.6%. Sun Pharma to buy Novartis' cancer drug Odomzo. Prism Cement gains on stake hike.
The crucial resistance for Nifty spot is now seen at 8070 and above this 8130 Support for the immediate term is now placed at 7920 and next support will be 7840.
Investment & trading in securities market is alwayssubjected to market risks, past performance is not a guarantee of future performance.
CapitalStars Investment…

INDIAN EQUITY MARKET OUTLOOK - 22 Dec 2016

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Nifty breaks 8000, Sensex sheds 190 pts; HDFC twins, Infosys dip
Equity benchmarks fell further in early trade with the Nifty breaking 8050 level, weighed by banks and weak Asian cues. The 30-share BSE Sensex was down 57.73 points at 26184.65 and the 50-share NSE Nifty declined 17.10 points to 8044.20.
Sun Pharma gained more than 1 percent after the company acquired oncology product Odomzo from Novartis for global markets. It will make upfront payment of USD 175 million and additional milestone payments for the product.
In addition, its Sun Pharma Advanced Research Company has received complete response letter from US FDA for Xelpros that indicates resolution of deficiency identified in Halol inspection.
The Indian rupee continued its recovery on Thursday for the second consecutive session following correction in dollar. It has opened higher by 8 paise at 67.83 per dollar against previous close of 67.91.
The rupee would come under renewed pressure in the new year based on macro performance…