UFLEX reached first target (257)
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Wednesday, August 31, 2016
Future Intraday Call:
BUY CESC Sep 1 lot Ent 681.60 Stop 676.00 Tgt 694.00 Keep Buy order above 681.6
Tuesday, August 30, 2016
Monday, August 29, 2016
Thursday, August 25, 2016
Wednesday, August 24, 2016
Tuesday, August 23, 2016
Monday, August 22, 2016
Sunday, August 21, 2016
Wednesday, August 17, 2016
Tuesday, August 16, 2016
Future Call:
BUY JUBLFOOD Aug 1 lot Ent 1336.60 Stop 1224.00 Tgt 1361.00 Keep Buy order above 1336.6 Call Delayed due to connectivity problem Check & Act
Monday, August 15, 2016
Future Call:
BUY BRITANNIA Aug 1 lot Ent 3336.50 Stop 3318.00 Tgt 3390.00 Keep buy order above 3336.50
Friday, August 12, 2016
Thursday, August 11, 2016
Wednesday, August 10, 2016
Market Technical
:The near term trend is negative whereas short term trend is getting weaker. On the lower end supports are pegged at 8565/8480/8420. On the other hand failure to break below 8565 may induce a re-bounce in the index.
Intarday Call:
Can take delivery of intraday call YESBANK with TG of 1300-1330 with SL of 1248 (closing)
Tuesday, August 9, 2016
Monday, August 8, 2016
Wednesday, August 3, 2016
*GST Impact on Sectors/Companies in a Nutshell*
» *Banks* _Current Tax Rate 15%. After GST, 18%. Negative_
» *Consumer Staples* _Current Tax Rate 22%. After GST, 18%. Positive for Asian Paints, Dabur, HUL, Emami; Negative for ITC, UBL_
» *Consumer Discretionary* _Current Tax Rate 15%. After GST, 18%. Negative for Jubilant Foods, Cafe Coffee Day, Restaurant businesses_
» *Media & Entertainment* _Current Tax Rate 15% + 7% State Entertainment tax. After GST, 18%. Positive for Dish TV, Videocon D2H, BIG TV_
» *Telecom* _Current Tax Rate 15%. After GST, 18%. May see marginal dip in consumption_
» *Auto & Auto Ancillary* _Current Tax Rate 27%. After GST, 18%. Positive for M&M, Maruti, Bajaj Auto, Eicher Motors, Ashok Leyland, etc._
» *Metals* _Current Tax Rate 18%. After GST, 18%. No significant impact_
» *Cement* _Current Tax Rate 27%. After GST, 18%. Positive for UltraTech, Shree Cement, Ambuja Cement, etc._
» *Pharma* _Current Tax Rate 15%. After GST, 18%. Negative for Pharmaceutical co.s_
» *Real Estate* _Current Stamp Duty 15%. After GST, 16%.No significant impact_
» *Logistics* _No change in Tax Rate after GST. Postive for Container Corp, GATI, etc._fwded as recd.
Tuesday, August 2, 2016
Market Technical:
The near term trend remains negative whereas short term uptrend is weakening. On the lower end price may find support at 8570/8525. On the other hand resistance is visible at 8620.
Monday, August 1, 2016
BANK NIFTY OUTLOOK
Bank Nifty slipped below previous session low and drifted down towards
18600 before closing slightly higher. The bias for the day remained weak.
Daily RSI is in bearish crossover and falling. The near term trend remained
weak. On the lower end support exists at 18500. A trend reversal may
happen above 18800
NIFTY OUTLOOK
Benchmark indices started a muted note and remained volatile
throughout the session. On the higher end price found resistance
around 8700 mark which attracted selling in the market. On the lower
end price found support around 8600. Whipsaws are visible in daily
RSI. Going forward Nifty may witness volatility; on the lower end it
may find support at 8600-8575. On the higher end resistances are
pegged at 8700-8720.
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