|stock futures tips|Equity Research Lab :- Nifty Report 30 November

STOCK FUTURES TIPS:-

NIFTY FUTURE :        R1:8212                          R2:8252                             R3:8285
PIVOT :8179               S1:8139                           S2:8106                             S3:8066

free trading tips

   CHART INTERPRETATION   

Technically, A strong break below 8000 will increase the downside pressure and drag it to 7900/7750. Traders can go short on a break below 8000.On the other hand, a decisive break above 8280 will ease the downside pressure and take the index futures higher to 8450 and 8550 thereafter. Indian Stock Market is still in negative zone but market would see a bounce at lower levels near support. Nifty is laying near its major support level of 7900. 7900 is a make or break level on closing basis. If Nifty closes below those levels then a breakdown would be seen in the market and we can even see levels of 7900-7700-7700 in days to come. If Nifty holds 7900 for next couple of days then we would see a sharp positive rally.

MACD and Price ROC are both negative and continue in sell mode. RSI (40) suggests bearish momentum.

   INDEX OUTLOOK     

NIFTY FUTURE: Equity benchmarks started off Tuesday's trade on a strong note with the Sensex rising 237 points intraday but pared gains amid late profit booking. The selling pressure was seen in FMCG, technology and select banks while auto, oil and telecom stocks gained. Investors maintained cautious stance ahead of macro-economic data - GDP, fiscal deficit and core sector. The market gained for the third consecutive session, though it closed off day's high. Sensex rose 43.84 points and Nifty advanced 15.25 points after hitting a two-week high of 8197.35. The broader markets also halved gains with the BSE Midcap and Smallcap indices rising half a percent each on positive breadth. The rupee was trading at 68.65 per US dollar. On the global front, Asian stocks closed on a mixed note. The Shanghai Composite index closed higher 0.19% and Hong Kong’s Hang Seng index slipped 0.41% while Nikkei 225 also slipped 0.27%. In Europe, the FTSE 100 was down 0.45%. CAC 40 and DAX were trading in green.

STRATEGY: Buy Nifty Future above 8150 for the target of 8200 -8250 with the stop loss of 8070.

   SECTORIAL INDICES   

    CORPORATE NEWS      

• Natco Pharma has received final approval for Abbreviated New Drug Application (ANDA) containing a paragraph IV certification filed with the United Food and Drug Administration for generic version of Armodafinil Tablets, 50 mg, 150 mg and 250 mg. The Company and its marketing partner Breckenridge Pharmaceutical, Inc. plant to launch this product in USA market immediately.
• Adani Ports & Special Economic Zone announced that the Company has raised Rs. 1,300 cr on 29 November 2016 by allotment of 13,000 Rated, Listed, Secured, Taxable, Redeemable, Non-Convertible Debentures (NCDs) of the face value of Rs. 10,00,000/- each on private placement basis.
• Fortis Healthcare said in a notice to BSE that it got notice from DB Trustees and Stanchart PE for conversion of FCCBs equivalent to 18 million shares. The company will convert 2018 FCCBs in to shares at Rs99.09 a share.

If you want to more information regarding the Stock cash tips, Stock tips,Stock futures tips, Stock futures services, Equity tips  call @ 8109999233 or fill form http://equityresearchlab.com/Freetrial.php

Read More »

|stock futures tips|Equity Research Lab :- Nifty Report 29 November

STOCK FUTURES TIPS:-

NIFTY FUTURE :   R1:8186                      R2:8222                              R3:8276
PIVOT :8132           S1:8096                      S2:8042                              S3:8006

stock future tips

   CHART INTERPRETATION   

Technically, A strong break below 8000 will increase the downside pressure and drag it to 7900/7750. Traders can go short on a break below 8000.On the other hand, a decisive break above 8280 will ease the downside pressure and take the index futures higher to 8450 and 8550 thereafter. Indian Stock Market is still in negative zone but market would see a bounce at lower levels near support. Nifty is laying near its major support level of 7900. 7900 is a make or break level on closing basis. If Nifty closes below those levels then a breakdown would be seen in the market and we can even see levels of 7900-7700-7700 in days to come. If Nifty holds 7900 for next couple of days then we would see a sharp positive rally.

MACD and Price ROC are both negative and continue in sell mode. RSI (40) suggests bearish momentum.

   INDEX OUTLOOK     

NIFTY FUTURE: Equity benchmarks closed flat with a positive bias after consolidation on Monday but the broader markets outperformed on further value buying. Banks underperformed after CRR hike announcement by RBI while ITC helped the market close in the green. Sensex was up 33.83 points at 26350.17 and Nifty gained 12.60 points at 8126.90 while the BSE Midcap index jumped 1 percent and Smallcap rose 0.66 % on positive breadth. Proprietary sentiment indicator has still not hit the buy zone so there may be some downside in the near term and thus, the recovery from the recent damage to share prices may not be V-shaped. Sentiments got some support with ,India's GDP growth trend to be higher than China's in the medium term despite demonetization. Some support also came after the RBI\ Governor Urjit Patel said that all necessary actions are being taken to 'ease the genuine pain of citizens' who are honest and who have been hurt. The India VIX (Volatility) index was up 2.51% at 18.0550. The rupee was trading lower 22 paise at 68.67 per US dollar.

STRATEGY: Buy Nifty Future above 8150 for the target of 8200 -8250 with the stop loss of 8070.

   SECTORIAL INDICES   

    CORPORATE NEWS      

• Cipla’s UK arm sold the entire 16.7% stake it had held in US-based clinical-stage biopharmaceutical company, Chase Pharma, to a subsidiary of Allergan. Cipla closed higher by 1.3%.
• Shares of Uflex ended higher by 8.5% after strong Q2FY17 numbers. The company reported 17% rise in consolidated net profit to Rs 90 cr. Net sales rose 1.6% to Rs 1501.9 cr.
• Oil India posted a net profit of Rs 580cr for the quarter ended Sept 30, 2016 as compared to Rs 706 cr for the quarter ended September 30, 2015. Total income decreased from Rs 2,961 cr for the quarter ended September 30, 2015 to Rs 2,721 crore for the quarter ended September 30, 2016. The shares price ended lower by 2%.

If you want to more information regarding the Stock cash tips, Stock tips,Stock futures tips, Stock futures services, Equity tips  call @ 8109999233 or fill form http://equityresearchlab.com/Freetrial.php

Read More »

|stock futures tips|Equity Research Lab :- Nifty Report 28 November

STOCK FUTURES TIPS:-

NIFTY FUTURE :            R1:8174                         R2:8223                R3:8307
PIVOT :8090                    S1:8042                         S2:7957                S3:7909

stock future tips

   CHART INTERPRETATION   

Technically, A strong break below 8000 will increase the downside pressure and drag it to 7900/7750. Traders can go short on a break below 8000.On the other hand, a decisive break above 8280 will ease the downside pressure and take the index futures higher to 8450 and 8550 thereafter. Indian Stock Market is still in negative zone but market would see a bounce at lower levels near support. Nifty is laying near its major support level of 7900. 7900 is a make or break level on closing basis. If Nifty closes below those levels then a breakdown would be seen in the market and we can even see levels of 7900-7700-7700 in days to come. If Nifty holds 7900 for next couple of days then we would see a sharp positive rally.

MACD and Price ROC are both negative and continue in sell mode. RSI (40) suggests bearish momentum.

   INDEX OUTLOOK     

NIFTY FUTURE: Nifty rose by 148.80 points or 1.87 % to close above 8,100-level at 8,114.30. After touching a fresh all-time low against the US dollar yesterday, the rupee jumped 27 paise to end at 68.46. “With fresh positions being initiated in December futures and options (F&O) series, and with rupee strengthening sharply, market found its voice, and registered gains across sectors, After days of dithering, bulls made a strong comeback today, with the Sensex surging 456 points to reclaim the 26,000-mark on the first day of December series, led by gains in export-oriented IT and pharma on a rebounding rupee. This was the benchmark’s biggest single day gain since October 18, when it had surged 520.91 points. Sentiments remained up-beat from the start of the session with Finance Minister Arun Jaitley saying that the government’s demonetisation move is going to have a positive impact on the economy, including GDP. The India VIX (Volatility) index was up 2.63% at 17.6125.

STRATEGY: Buy Nifty Future above 8150 for the target of 8200 -8250 with the stop loss of 8070.

   SECTORIAL INDICES   

    CORPORATE NEWS      

• On account of increased production by Coal India Ltd. (CIL) in 2015-16, coal imports have fallen from 217.78 Mte. in 2014-15 to 199.88 Mte. in 2015-16. In order to meet coal demand internally and make India self-sufficient in coal production, the focus of the Government is on increasing the domestic production from indigenous sources which includes efforts to expedite Environment and Forest clearances, land acquisition and coordinated efforts with Railways for movement of coal.
• Petronet LNG Limited ended at Rs 376.45, up by Rs 29.1 or 8.38% from its previous closing of Rs 347.35. The company's net profit of Rs 460 crore in July-September is 82% higher than the Rs 253 crore net profit in the same period a year ago. The total income of the company has decreased from Rs 7,584 crore for the quarter ended September 30, 2015 to Rs 6,706 crore for the quarter ended September 30, 2016.
• Canara Bank has informed BSE that the bank has revised deposit interest rates in different
  maturities in retail and bulk deposits in the range of 5 bps to 25 bps and these are effective from November 21, 2016.

If you want to more information regarding the Stock cash tips, Stock tips,Stock futures tips, Stock futures services, Equity tips  call @ 8109999233 or fill form http://equityresearchlab.com/Freetrial.php

Read More »

|stock futures tips|Equity Research Lab :- Nifty Report 23 November

STOCK FUTURES TIPS:-

NIFTY FUTURE :    R1:8039                           R2:8071                           R3:8121
PIVOT :7989           S1:7957                            S2:7907                           S3:7875

free trading tips

   CHART INTERPRETATION   

Technically, A strong break below 8000 will increase the downside pressure and drag it to 7900/7750. Traders can go short on a break below 8000.On the other hand, a decisive break above 8280 will ease the downside pressure and take the index futures higher to 8450 and 8550 thereafter. Indian Stock Market is still in negative zone but market would see a bounce at lower levels near support. Nifty is laying near its major support level of 7900. 7900 is a make or break level on closing basis. If Nifty closes below those levels then a breakdown would be seen in the market and we can even see levels of 7900-7700-7700 in days to come. If Nifty holds 7900 for next couple of days then we would see a sharp positive rally.

MACD and Price ROC are both negative and continue in sell mode. RSI (40) suggests bearish momentum.

   INDEX OUTLOOK     

NIFTY FUTURE: Short covering and positive global cues helped the BSE Sensex snap six-day losing streak and the Nifty close above 8000 level on Tuesday after volatility. The broader markets outperformed benchmarks with the BSE Midcap and Smallcap indices rising more than 1.1 percent. Commodities also bounced back after fall in dollar. Sensex was up 195.64 points at 25960.78 and Nifty climbed 73.20 points to 8002.30. The market breadth also turned positive as about 1475 shares advanced against 1083 declining shares on the BSE. Investors continued to avoid pumping in fresh money into markets due to demonetization concerns and strengthening dollar. They maintained cautious stance ahead of Federal Reserve's policy meeting in next month. The INDIA VIX closed - 3.31% at 18.4650. Out of 1,516 stocks traded on the NSE, 556 declined, 896 advanced and 64 remained unchanged today. The Rupee is trading marginally down at Rs. 68.19/$.

STRATEGY: Buy Nifty Future above 8000 for the target of 8050 -8100 with the stop loss of 7930.

   SECTORIAL INDICES   

    CORPORATE NEWS      

• Larsen & Toubro reported an 84.3% increase in Net Profit to Rs. 1,434.6 Cr in Q2 against Rs. 778.4 Cr in the corresponding quarter last year. Total Income increased by 8.2% to Rs. 25,011 Cr against Rs. 23,123 Cr. Operating Profit increased by 7.9% to Rs. 2,298 Cr.
• IRB Infrastructure reported a 5% decline in Net Profit to Rs. 142.2 Cr in Q2 as against Rs. 149.7 Cr in the corresponding quarter last year. Revenue increased 12.3% to Rs. 1,290.6 Cr as against Rs. 1,149.2 Cr previously. Bottom-line was affected by higher finance costs, which increased 41.6% to Rs. 339.6 Cr in the quarter. Shares closed down 3.8%.
• Birla Corp reported a sharp increase in Net Profit in Q2 at Rs. 58.4 Cr against Rs. 23.2 Cr in the year ago period. Total Income fell by 4% to Rs. 886.8 Cr in Q2 from Rs. 927.1 Cr during the same quarter in previous fiscal. Total expenses were lower at Rs. 843.3 Cr from Rs. 899.5 Cr previously.

If you want to more information regarding the Stock cash tips, Stock tips,Stock futures tips, Stock futures services, Equity tips  call @ 8109999233 or fill form http://equityresearchlab.com/Freetrial.php

Read More »

|stock futures tips|Equity Research Lab :- Nifty Report 22 November

STOCK FUTURES TIPS:-

NIFTY FUTURE :      R1:8058                     R2:8177                               R3:8246
PIVOT :7989              S1:7870                     S2:7801                               S3:7682

stock future tips

   CHART INTERPRETATION   

Technically, A strong break below 8000 will increase the downside pressure and drag it to 7900/7750. Traders can go short on a break below 8000.On the other hand, a decisive break above 8280 will ease the downside pressure and take the index futures higher to 8450 and 8550 thereafter. Indian Stock Market is still in negative zone but market would see a bounce at lower levels near support. Nifty is laying near its major support level of 7900. 7900 is a make or break level on closing basis. If Nifty closes below those levels then a breakdown would be seen in the market and we can even see levels of 7900-7700-7700 in days to come. If Nifty holds 7900 for next couple of days then we would see a sharp positive rally.

MACD and Price ROC are both negative and continue in sell mode. RSI (40) suggests bearish momentum.

   INDEX OUTLOOK     

NIFTY FUTURE: The bloodbath continues for Indian equity benchmarks where frontline gauges shaved off two and a half percent, breaching their crucial levels. The BSE Sensex fell below the psychologically important 26,000-level while Nifty crashed below the key 8,000-mark. The Nifty Index dropped below the 8000-mark for the very first time since June 24. In addition, till November 17, FII trading activities indicated a pull out of Rs 8974 crore from the market which almost doubled as compared to overall October FII trading activity of Rs 4,990 crore. In this downturn, some sectors worth buying would be Capital Goods, Banking, Oil & Gas, Pharma while sectors that can be avoided are Auto and Realty. The INDIA VIX is up 7.25% at 19.0975. Indian Rupee was trading at 68.15/$ trailing by 2 paise. In the Asian markets, Nikkei 225 and Shanghai Composite closed 1% up whereas Hang Seng closed marginally up, while European markets are trading flat.

STRATEGY: Sell Nifty Future below 7900 for the target of 7850 -7800 with the stop loss of 7970.

   SECTORIAL INDICES   

    CORPORATE NEWS      

• Panacea Biotec received an EIR from the US Health Regulator – USFDA for its oncology parenteral and oral solids dosage formulation facilities at Baddi in the state of Himachal Pradesh. Shares closed up 3%.
• Reliance Infrastructure Limited’s EPC division secured an order worth Rs. 3,675 Cr from NLC India for setting up Lignite based thermal power plants, one each in Barsingsar and Bithnok of Bikaner District, Rajasthan, India.
• Dr. Lal Pathlabs announced that it is in the process of completing the due diligence and legal documentation for the acquisition of Delta Ria & Pathology Private Limited. Shares closed up 4.2%.

If you want to more information regarding the Stock cash tips, Stock tips,Stock futures tips, Stock futures services, Equity tips  call @ 8109999233 or fill form http://equityresearchlab.com/Freetrial.php

Read More »

|stock futures tips|Equity Research Lab :- Nifty Report 21 November

STOCK FUTURES TIPS:-

NIFTY FUTURE :    R1:8124                        R2:8173                         R3:8207
PIVOT :8089            S1:8040                        S2:8006                         S3:7956

stock future tips

   CHART INTERPRETATION   

Technically, A strong break below 8100 will increase the downside pressure and drag it to 7900/7750. Traders can go short on a break below 8100.On the other hand, a decisive break above 8280 will ease the downside pressure and take the index futures higher to 8450 and 8550 thereafter. Indian Stock Market is still in negative zone but market would see a bounce at lower levels near support. Nifty is laying near its major support level of 8100. 8100 is a make or break level on closing basis. If Nifty closes below those levels then a breakdown would be seen in the market and we can even see levels of 7900-7700-7700 in days to come. If Nifty holds 8100 for next couple of days then we would see a sharp positive rally.

MACD and Price ROC are both negative and continue in sell mode. RSI (40) suggests bearish momentum.

   INDEX OUTLOOK     

NIFTY FUTURE: Nifty hit a 6-month low. The domestic market posted its worst week since February 12. A mixed trend on other Asian bourses also influenced the trading momentum. Prices of few key commodities have fallen considerably since the move was announced amid drying up of demand. Nifty closed with a loss of mere six points at 8,074. Nifty opened at 8,097 hitting a high of 8,129 and low of 8,048. The India VIX index was down 4.83% at 17.8050. The BSE Midcap and Smallcap indices ended up in the range of 0.2-0.6%. The rupee was trading down 34 paise at 68.15 per US dollar. Asian markets closed mostly lower on Friday, with the Japanese market leading gains on the back of a relatively weaker yen, helping shares of the country's big exporters. European indices are trading in red. Meanwhile, IT stocks continue to reel under pressure for the third straight day after Nasscom revised the IT sector’s growth forecast downwards to 8-10 % this year, as its biggest members such as TCS, Wipro, and Infosys struggle to grow faster because of an uncertain environment.

STRATEGY: Sell Nifty Future below 8050 for the target of 8000 -7950 with the stop loss of 8130.

   SECTORIAL INDICES   

    CORPORATE NEWS      

• On account of increased production by Coal India Ltd. (CIL) in 2015-16, coal imports have fallen from 217.78 Mte. in 2014-15 to 199.88 Mte. in 2015-16. In order to meet coal demand internally and make India self-sufficient in coal production, the focus of the Government is on increasing the domestic production from indigenous sources which includes efforts to expedite Environment and Forest clearances, land acquisition and coordinated efforts with Railways for movement of coal.
• Petronet LNG Limited ended at Rs 376.45, up by Rs 29.1 or 8.38% from its previous closing of Rs 347.35. The company's net profit of Rs 460 crore in July-September is 82% higher than the Rs 253 crore net profit in the same period a year ago. The total income of the company has decreased from Rs 7,584 crore for the quarter ended September 30, 2015 to Rs 6,706 crore for the quarter ended September 30, 2016.
• Canara Bank has informed BSE that the bank has revised deposit interest rates in different
  maturities in retail and bulk deposits in the range of 5 bps to 25 bps and these are effective from November 21, 2016.

If you want to more information regarding the Stock cash tips, Stock tips,Stock futures tips, Stock futures services, Equity tips  call @ 8109999233 or fill form http://equityresearchlab.com/Freetrial.php

Read More »

|stock futures tips|Equity Research Lab :- Nifty Report 18 November

STOCK FUTURES TIPS:-

NIFTY FUTURE :        R1:8157                          R2:8226                          R3:8285
PIVOT :8098               S1:8029                           S2:7970                          S3:7901

stock future tips

   CHART INTERPRETATION   

Technically, A strong break below 8100 will increase the downside pressure and drag it to 7900/7750. Traders can go short on a break below 8100.On the other hand, a decisive break above 8280 will ease the downside pressure and take the index futures higher to 8450 and 8550 thereafter. Indian Stock Market is still in negative zone but market would see a bounce at lower levels near support. Nifty is laying near its major support level of 8100. 8100 is a make or break level on closing basis. If Nifty closes below those levels then a breakdown would be seen in the market and we can even see levels of 7900-7700-7700 in days to come. If Nifty holds 8100 for next couple of days then we would see a sharp positive rally.

MACD and Price ROC are both negative and continue in sell mode. RSI (40) suggests bearish momentum.

   INDEX OUTLOOK     

NIFTY FUTURE: Indian Market closed range bound session on a negative note Thursday with the Nifty ending below 8100 for the first time since June 27. Investors remained cautious about 2HFY17 growth after demonetization. Sensex was down 71.07 points at 26227.62 and Nifty fell 31.65 points to 8079.95 while the broader markets were also under pressure. The BSE Midcap and Smallcap indices slipped 0.4 % and 0.6 %, respectively. Sentiments got some support with Moody’s Investors Service affirming India’s sovereign rating at ‘Baa3’ with a positive outlook, saying it expects policymakers to continue reforms to achieve balanced growth and reduce the government's debt load. Moody's further said that India's policy makers have taken important steps to strengthen the country's institutions. The rupee was trading up 13 paise at 67.81 per US dollar.

STRATEGY: Sell Nifty Future below 8050 for the target of 8000 -7950 with the stop loss of 8130.

   SECTORIAL INDICES   

    CORPORATE NEWS      

• Lupin’s US subsidiary, Gavis Pharmaceuticals LLC., received an approval from the US FDA for hydrocordone bitartrate and acetaminophen tablets. Shares of Lupin closed up by 0.5%.
• Voltas shares tumbled by 7.8% after the company reported a 6.2% fall in Total Income to Rs. 981.5 Cr. The company reported a 7.2% rise in Net Profit in Q2 to Rs. 72.1 Cr against Rs. 67.3 Cr posted in the same quarter last fiscal.
• Ashiana Housing reported a 43.1% increase in Total Income to Rs. 116.3 Cr for Q2, as against Rs. 81.3 Cr in the corresponding quarter last quarter. Net profits were 34% up at Rs. 20.5 Cr against Rs. 15.3 Cr previously.

If you want to more information regarding the Stock cash tips, Stock tips,Stock futures tips, Stock futures services, Equity tips  call @ 8109999233 or fill form http://equityresearchlab.com/Freetrial.php

Read More »

|stock futures tips|Equity Research Lab :- Nifty Report 17 November

STOCK FUTURES TIPS:-

NIFTY FUTURE :           R1:8197                   R2:8276                        R3:8327
PIVOT :8146                  S1:8067                   S2:8016                         S3:7937

   CHART INTERPRETATION   

Technically, A strong break below 8100 will increase the downside pressure and drag it to 7900/7750. Traders can go short on a break below 8100.On the other hand, a decisive break above 8280 will ease the downside pressure and take the index futures higher to 8450 and 8550 thereafter. Indian Stock Market is still in negative zone but market would see a bounce at lower levels near support. Nifty is laying near its major support level of 8100. 8100 is a make or break level on closing basis. If Nifty closes below those levels then a breakdown would be seen in the market and we can even see levels of 7900-7700-7700 in days to come. If Nifty holds 8100 for next couple of days then we would see a sharp positive rally.

MACD and Price ROC are both negative and continue in sell mode. RSI (40) suggests bearish momentum.

   INDEX OUTLOOK     

NIFTY FUTURE: The market swinging between red and green throughout the day. Last 30 minutes saw spurt in selling as government contemplates to completely ban foreign direct investment (FDI) in the tobacco sector. ITC was hammered 3 % at closing. ITC, Sun Pharma & Kotak Mahindra Bank dragged benchmark indices the most. After briefly slipping below 8100 just before closing, the Nifty ended at 8111.60 up 3.15 points and the Sensex was down 5.94 points at 26298.69. About 1056 shares advanced, 1543 shares declined, and 155 shares were unchanged. As market continues to battle backlash of demonetization for another day. The India VIX (Volatility) index was down 3.18% at 19.5025. The BSE Midcap and Smallcap indices ended up. The rupee was trading down 10 paise at 67.84 per US dollar.

STRATEGY: Sell Nifty Future below 8100 for the target of 8050 -8000 with the stop loss of 8180.

   SECTORIAL INDICES   

    CORPORATE NEWS      

• Welspun India reported a loss of Rs. 147.5 Cr in Q2, as against a profit of Rs. 179.4 Cr in the corresponding quarter last fiscal. The company reported Rs. 501 Cr as an exceptional loss on account of the Egyptian cotton issue. Revenue grew 21.8% to Rs. 1,789.9 Cr from Rs. 1,469.4 Cr in the same quarter last year.
• Ramco Industries reported a Total Income from Operations rose 14.4% to Rs. 164.5 Cr against Rs. 143.8 Cr in the corresponding quarter last fiscal. Net Profits stood at Rs. 10.9 Cr for Q2 as against a loss of Rs. 1 Cr in the corresponding quarter last year. Shares closed up 5.4%.
• Shares of Cigarette Companies fell after reports suggested that the Cabinet may consider complete ban of FDI in tobacco sector. ITC Ltd fell 3.6%, whereas Godfrey Phillips India slumped 17.3%.

If you want to more information regarding the Stock cash tips, Stock tips,Stock futures tips, Stock futures services, Equity tips  call @ 8109999233 or fill form http://equityresearchlab.com/Freetrial.php

Read More »

|stock futures tips|Equity Research Lab :- Nifty Report 16 November

STOCK FUTURES TIPS:-

NIFTY FUTURE :        R1:8243                    R2:8347                        R3:8407
PIVOT :8183               S1:8079                     S2:8020                        S3:7916

stock future tips

   CHART INTERPRETATION   

Technically, A strong break below 8100 will increase the downside pressure and drag it to 7900/7750. Traders can go short on a break below 8100.On the other hand, a decisive break above 8280 will ease the downside pressure and take the index futures higher to 8450 and 8550 thereafter. Indian Stock Market is still in negative zone but market would see a bounce at lower levels near support. Nifty is laying near its major support level of 8100. 8100 is a make or break level on closing basis. If Nifty closes below those levels then a breakdown would be seen in the market and we can even see levels of 7900-7700-7700 in days to come. If Nifty holds 8100 for next couple of days then we would see a sharp positive rally.

MACD and Price ROC are both negative and continue in sell mode. RSI (40) suggests bearish momentum.

   INDEX OUTLOOK     

NIFTY FUTURE: Indian Market succumbed to more selling on Tuesday as the demonetization effect and weak earnings drove the Sensex lower by 565 points and the Nifty below 8100 intraday. Strengthening of bond yields and US dollar on US president-elect Donald Trump policy also weighed on market sentiment. Equity benchmarks closed below their 200-daily moving average. Sensex tanked 514.19 points or 1.92 percent to 26304.63, the lowest closing level since May 25, taking the total loss for two consecutive days to 1200 points. Nifty was down 187.85 points or 2.26 % to close at 8108.45 after hitting an intraday low of 8093.20. demonetization will be negative for equities in short term, adding that the move is a positive for bond and currency markets. Besides, demonetization will help increase deposit growth of banks significantly.

STRATEGY: Sell Nifty Future below 8100 for the target of 8050 -8000 with the stop loss of 8180.

   SECTORIAL INDICES   

    CORPORATE NEWS      

• HPCL reported a sharp 66.6% QoQ fall in Net Profit in Q2FY17 at Rs. 701.3 Cr. The company reported a 7.1% fall in Net Income from Operations at Rs. 47,822.5 Cr in Q2 as against Rs. 51,661 Cr in the previous quarter. EBITDA fell 65.2% sequentially to Rs. 1,261 Cr and margins contracted by 442 bps to 2.6% in Q2.
• Tata Motors reported a significant drop in Net Profits to Rs. 848 Cr in Q2, as against Rs. 1,740 Cr in the corresponding quarter last year. Total Consolidated Revenues rose 6.7% to Rs. 67,999.7 Cr as against Rs. 62,647.2 Cr previously. Hedging losses worth Rs. 3,510 Cr affected the bottom line severely. JLR revenues for Q2 rose 23.2% to 5.95 billion pounds, and PAT improved at 244 million pounds. The company’s domestic unit reported a fall in Net Revenues to Rs. 11,406 Cr and a net loss of Rs. 289 Cr.
• GAIL (India) reported a 180% rise in Net Profit to Rs. 924.7 Cr for Q2 against Rs.330.4 Cr in the corresponding quarter last year. However, total Income from operations decreased 15.3% YoY to Rs.12,058.2 Cr during the quarter against Rs.14,240.4 Cr previously. Total expenditure decreased to Rs.10,879.8 Cr in Q2 FY17 from over Rs.13,731.3 Cr in Q2FY16.

If you want to more information regarding the Stock cash tips, Stock tips,Stock futures tips, Stock futures services, Equity tips  call @ 8109999233 or fill form http://equityresearchlab.com/Freetrial.php

Read More »

|stock futures tips|Equity Research Lab :- Nifty Report 15 November

STOCK FUTURES TIPS:-

NIFTY FUTURE :             R1:8430                       R2:8532                      R3:8590
PIVOT :8373                     S1:8270                       S2:8213                      S3:8111

stock future tips

   CHART INTERPRETATION   

Technically, A strong break below 8550 will increase the downside pressure and drag it to 8400/8300. Traders can go short on a break below 8550.On the other hand, a decisive break above 8680 will ease the downside pressure and take the index futures higher to 8750 and 8800 thereafter. Indian Stock Market is still in negative zone but market would see a bounce at lower levels near support. Nifty is laying near its major support level of 8500. 8500 is a make or break level on closing basis. If Nifty closes below those levels then a breakdown would be seen in the market and we can even see levels of 8200-8000-7700 in days to come. If Nifty holds 8500 for next couple of days then we would see a sharp positive rally.

MACD and Price ROC are both negative and continue in sell mode. RSI (40) suggests bearish momentum.

   INDEX OUTLOOK     

NIFTY FUTURE: It was free fall on Dalal Street mostly due to profit booking. The Sensex is down 698.86 points or 2.5 % at 26818.82 and the Nifty is down 229.45 points or 2.7 % at 8296.30. About 462 shares have advanced, 2223 shares declined, and 146 shares are unchanged. The midcaps underperformed the benchmark indices closing 3.5 % in the red while the bank stocks slipped more than 2 %. Nifty auto was another index which took a beating and ended more than 4.5 % down. Pharma stocks were relative outperformers ending the day four-fifth of a percent in the negative territory. The India VIX index was up 12.34% to 17.3650. Out of 1,479 stocks traded on the NSE, 1,348 declined and 110 advanced today. The BSE Midcap and the Smallcap index closed in the red. The rupee was trading down 55 paise at 67.17 per US dollar.

STRATEGY: Sell Nifty Future below 8300 for the target of 8250 -8200 with the stop loss of 8380.

   SECTORIAL INDICES   

    CORPORATE NEWS      

• State Bank of India (SBI) reported a 34.6% drop in Net Profit for Q2 to Rs. 2,538.3 Cr as against Rs. 3,879.1 Cr in the corresponding quarter last year. NII increased marginally to Rs. 14,437 Cr in Q2 as against Rs. 14,253 Cr previously. Asset Quality worsened as gross NPAs stood at 7.14% of advances as compared to 6.94% in the previous quarter and net NPAs stood at 4.19% as compared to 4.05% previously.
• Mahindra & Mahindra (M&M) reported a 27% in Net Profit to Rs. 1,163.3 Cr in Q2, as against Rs. 915.4 Cr in the corresponding quarter last year. The total standalone revenue from operations stood at Rs. 11,363.6 Cr in Q2 as against Rs. 9,834.4 Cr previously. Sales volumes were up by 11.6% for the quarter at 1,14,795.
• Apollo Hospitals reported a marginal 2.7% increase in Net Profit for Q2FY17 to Rs. 92 Cr as against Rs. 89.6 Cr in the corresponding quarter last year. Income from operations of the company rose 16% to Rs. 1,634.1 Cr for Q2 as against Rs 1,409.7 Cr previously.

If you want to more information regarding the Stock cash tips, Stock tips,Stock futures tips, Stock futures services, Equity tips  call @ 8109999233 or fill form http://equityresearchlab.com/Freetrial.php

Read More »

SRF Q2 FY17 PAT at Rs 119 crore, up 17% QoQ |STOCK FUTURE TIPS|EQUITY RESEARCH LAB| 14 NOVEMBER

STOCK FUTURES TIPS:-

stock future tips

• SRF, a chemical based multi-business entity engaged in the manufacturing of industrial intermediates today announced its unaudited financial results for the quarter ended 30th September 2016. The company has adopted Indian Accounting Standards (IndAS) with effect from 1 April 2016. The figures for the quarter ended 30 September 2015 have also been restated as per IndAS.

• Financials PAT rose 17% from Rs. 102 crore to Rs. 119 crore in Q2FY17, mainly on account of lower finance cost and gain in Exchange Currency Fluctuation. EBIT remained flat at Rs. 181 crore in Q2FY17 over the Corresponding Period Last Year (CPLY).

• Impacted by a significant reduction in commodity prices when compared with CPLY, the company’s revenue declined marginally by 2% to Rs. 1215 crore in Q2FY17 over CPLY.

• “Despite a weak global economy, the company has performed well. The global Agro sector continues to remain weak. The company is using this opportunity to accelerate qualifications of various new molecules for both the Agro and Pharma sectors.” said Ashish Bharat Ram, Managing Director. “Going forward, increased capex is being undertaken to ensure that we have capacities in place to meet the expected rebound.”

• Consolidated Segment Results Segment revenue of the Chemicals & Polymers Business remained flat from Rs. 385 crore to Rs. 386 crore in Q2FY17 over CPLY. Operating profit of the Chemicals and Polymers business decreased by 21% in Q2FY17, impacted mainly due to global agrochemicals slowdown.

• The Packaging Films Business reported a decline of 2% from Rs. 356 crore to Rs. 349 crore in its segment revenue in Q2FY17 over CPLY, but increased its operating profit by 8% from Rs. 49 crore to Rs. 53 crore in Q2FY17.

• The commodity price cycle impacted the revenues of the Technical Textiles Business that reported a decline of 4% in its segment revenue from Rs. 502 crore to Rs. 481 crore in Q2FY17 over CPLY. The operating profit of the Technical Textiles Business, however, increased by 32% from Rs. 46 crore to Rs. 61 crore in Q2FY17, on account of better volumes and operational cost savings.

• Capex The Board approved capex aggregating Rs. 128 crore in the Chemicals business for augmenting new facilities and the production of new products in existing Flexible Multi-Purpose Plants (FMPs) and the setting up of cGMP (Current Good Manufacturing Practices)plant to tap upcoming business opportunities in the Pharma sector that require cGMP compliance at its Dahej, Gujarat facility.

• H1 Financials In the first six months of 2016-17, the company’s PAT grew by 22% from Rs. 216 crore to Rs. 263 crore over CPLY.  SRF’s revenue at Rs. 2515 crore decreased by 1% during the same period. The company’s EBIT increased by 7% from Rs. 392 crore to Rs. 420 crore during the same period over CPLY.

If you want to more information regarding the Stock cash tips, Stock tips, Nifty tips, Commodity tips, Equity tips call @ 8109999233 or fill form http://equityresearchlab.com/Freetrial.php please drop your number for profit calls.... 

Read More »

|stock futures tips|Equity Research Lab :- Nifty Report 11 November

STOCK FUTURES TIPS:-

NIFTY FUTURE :       R1:8606                R2:8659                     R3:8704
PIVOT :8560              S1:8507                 S2:8462                     S3:8409

stock future tips

   CHART INTERPRETATION    

Technically, A strong break below 8550 will increase the downside pressure and drag it to 8400/8300. Traders can go short on a break below 8550.On the other hand, a decisive break above 8680 will ease the downside pressure and take the index futures higher to 8750 and 8800 thereafter. Indian Stock Market is still in negative zone but market would see a bounce at lower levels near support. Nifty is laying near its major support level of 8500. 8500 is a make or break level on closing basis. If Nifty closes below those levels then a breakdown would be seen in the market and we can even see levels of 8200-8000-7700 in days to come. If Nifty holds 8500 for next couple of days then we would see a sharp positive rally.

MACD and Price ROC are both negative and continue in sell mode. RSI (40) suggests bearish momentum.

   INDEX OUTLOOK     

NIFTY FUTURE: Nifty closed with a gain of 87 points at 8,519. It opened at 8,556, hitting a high of 8,598 and low of 8,511. Market sentiment also got a boost after global investors turned hopeful about generous tax cuts and higher infrastructure and defence spending in the US following Donald Trump's victory. Banking sector stocks closed higher as banks are expected see improved liquidity when people start tendering cash after the government decided to withdraw 500 and 1,000 rupee notes. PNB zoomed 12%, BoB climbed 9%, while SBI rallied 8.4% on the BSE. Financial stocks were among the biggest percentage gainers on the NSE index today as investors welcomed the government's decision to withdraw higher denomination banknotes. The BSE Finance index closed 2.4% higher.

STRATEGY: Buy Nifty Future above 8550 for the target of 8600 -8650 with the stop loss of 8480.

   SECTORIAL INDICES   

    CORPORATE NEWS      

• Sun Pharmaceutical Industries doubled its net profit to Rs. 2,235.1 Cr in Q2 as against Rs. 1,028.8 Cr in the corresponding quarter last fiscal. Revenue grew by 20.2% to Rs. 8,265.1 Cr compared to Rs. 6,873.3 Cr previously. Operating Income increased 69.1% to Rs. 3,167.7 Cr in Q2 and the margin expanded 1110 basis points to 38.3%..
• Motherson Sumi Systems reported a 26.3% increase in Net Profit to Rs. 479.9 Cr in Q2FY17 as against Rs. 380.3 Cr in the corresponding quarter last year. The company reported a 14.3% in Net Revenue to Rs. 10,332.6 Cr as against Rs. 9,038.8 Cr previously. EBITDA was up by 14.6% and the operating margin expanded by 20 basis points to 9.9%.
• City Union Bank reported a 15% rise in Net Profits to Rs. 123.7 Cr in Q2FY17, against Rs. 107.8 Cr in the corresponding quarter last year. Total income of the bank rose by 7.9% to Rs. 894.9 Cr during Q2 as against Rs. 829.5 Cr previously. Gross NPAs stood at 2.69% of advances as compared to 2.62% in Q1. Net NPAs stood at 1.63% as against 1.59% previously.

If you want to more information regarding the Stock cash tips, Stock tips,Stock futures tips, Stock futures services, Equity tips  call @ 8109999233 or fill form http://equityresearchlab.com/Freetrial.php

Read More »