We are Provide Research Calls On All Segments Of Share Market Like Free Commodity Tips,  base metal, equity market, future & options, Mcx intraday tips, intraday trading calls as well as forex market.

GOLD NEWS

gold
Gold steadied after three days of losses on Tuesday but remained under pressure as the dollar was well bid on expectations the Federal Reserve could still raise U.S. rates this year. Gold touched its highest level in 3-1/2 months last week on bets the Fed will not raise U.S. rates amid concerns about the global economy. But the rally lost steam after robust U.S. economic data, and as gold failed to surge past the key $1,200 level. The Fed holds two more policy meets this year: next week and in December. Market expectations for a rate hike have shifted to next year in recent weeks.

BASE METAL

copper
LME copper opened at USD 5,276/mt overnight and then fell back to USD 5,252/mt. Later, LME copper dived to USD 5,203/mt and ended at USD 5,212/mt, down USD 60/mt. Trading volumes fell 851 to 11,753 lots and positions dropped 887. LME copper inventories posted modest growth but Asian inventories printed losses, a sign of continuous inflow to China. Poor data from China and sell-offs on LME copper during European and US trading hours will curtail base metal prices. LME copper will move in USD 5,185-5,250/mt during Asian trading hours. SHFE 1512 copper will range between RMB 39,000-39,300/mt on October20.
ENERGY NEWS

energy

Oil prices rebounded in Asian trade on Tuesday as traders covered short positions after prices fell at least 3 percent in the previous session, but gains were capped by worries about oversupply and the health of the global economy. Iran boosting crude production when international sanctions are lifted and weaker economic growth in China, the world's second-largest economy, weighed on markets, Le Brun said. Iran plans to increase crude production by 500,000 barrels per day within a week of the lifting of sanctions, a senior Iranian oil official was quoted as saying on Monday, selling the oil to traditional customers in Asia and Europe.

BULLION & ENERGY

CS GOLD (DECEMBER) OVERVIEW:
gold 1
TREND : BEARISH
RESIST 2: 27200
RESIST 1: 27060
SUP 1: 26840
SUP 2: 26700
STRATEGY: SELL ON RISE
10 comments
Nifty levels: 
Nifty spot close @8275
Nifty future close @8274

Today’s view on Nifty

Selling opportunity only below 8000 level, before that every dip will be a buying opportunity, nifty moving toward 8350-8400.

Bank Nifty levels:
Bank nifty spot close @17855
Bank nifty future close @17870

View on Banknifty

Fantastic recovery from lower level, we may see 18250-18500 level in coming days, no sell only buy on dips.

MARKET COMMENTERY

Post result rally for index heavyweight Reliance Industries (RIL) and gains for another index heavyweight Infosys and pharma stocks helped key benchmark indices register modest gains. The barometer index, the S&P BSE Sensex, rose 141.54 points or 0.52% to 27,356.14, as per the provisional closing data. The 50-unit CNX Nifty rose 36.90 points or 0.45% at 8,275.05, as per the provisional closing data. The trigger for the latest upmove for Indian stocks was an announcement from the finance ministry that it is seeking the views of foreign portfolio investors (FPIs) on measures to simplify the procedures and documentation for registration of FPIs in India.

STOCK BUZZ
1. RIL surged after stronger-than-expected Q2 September 2015 results. The stock rose 5.42% at Rs 961.60. The stock hit a high of Rs 965.20 and a low of Rs 941.60 in intraday trade. RIL's consolidated net profit rose 12.52% to Rs 6720 crore on 33.8% decline in turnover to Rs 75117 crore in Q2 September 2015 over Q2 September 2014. The result was announced after market hours on Friday, 16 October 2015. A strong showing of the refinery business and increase in profit margins of the petrochemicals business led to a stronger-than-expected growth in RIL's bottom line in Q2 September 2015. RIL's gross refining margins (GRM) hit a seven year high of $10.6 per barrel in Q2 September 2015. The GRM was $8.3 per barrel in Q2 September 2014. The profitability of the petrochemicals business improved due to a combination of strong volume growth, product mix improvement and lower energy costs.
2. Aviation stocks surged after InterGlobe Aviation, the operator of low cost passenger airline IndiGo, announced that its initial public offer (IPO) will open for bidding on 27 October 2015. SpiceJet was locked at 10% upper circuit at Rs 47.55 on BSE. Jet Airways (India) surged 9.35%. The IPO of InterGlobe Aviation comprises of fresh issue of equity shares aggregating Rs 1272.20 crore and offer for sale of up to 2.61 crore shares by existing shareholders of the company. The price band for the IPO has been set at Rs 700 to Rs 765 per share. The IPO is scheduled to close on 29 October 2015. IndiGo operates as a low-cost carrier or LCC business model and focuses primarily on the domestic Indian air travel market.

HOT PURSUIT
1. UltraTech Cement fell in volatile after the company announced second quarter results. The stock shed 1.69% to Rs 2,905. The stock hit high of Rs 2,995 and low of Rs 2,886.05 in intraday trade. The company's consolidated net profit rose 3.14% to Rs 427 crore on 4.02% rise in net sales to Rs 5951 crore in Q2 September 2015 over Q2 September 2014. The result was announced during market hours today, 19 October 2015. UltraTech Cement's profit before interest, depreciation and tax rose 11.75% to Rs 1103 crore in Q2 September 2015 over Q2 September 2014.
2. The market breadth indicating the overall health of the market was positive. On BSE, 1,569 shares rose and 1,154 shares fell. A total of 161 shares were unchanged. The BSE Mid-Cap index provisionally rose 0.69%. The BSE Small-Cap index provisionally rose 0.77%. Both these indices outperformed the Sensex.

OPTION STRATEGY

1. In today’s session we have seen call buying in 8000 and 8100 strike price, we may see 8200 as a strong support level in coming days.

2. DRREDYS 4200 and 4300 calls were so active we may see buying as remain above 4200.

3. IDEA 160 puts were so active today, we may see more selling below 160.

STOCKS TO WATCH

TATAMOTORS:
BUY TATAMOTORS AS REMAIN ABOVE 370 WE MAY SEE 400/410 LEVEL IN COMING DAYS.
ONGC:
Buy ONGC above 250 level we may see 270/280, below 250 major support will be 242.
AMBUJA CEM:
Sell AMBUJA as remain below 215 we may see 205/195 level in coming days.
 Top PICKS OF THE DAY

1. HINDALCO ABOVE….? TGT…..?STOP LOSS……?
2. SELL ICICI BANK BELOW…..?...TARGET….?..STOPLOSS…?
3. SELL ONGC BELOW….? STOCK MAY SHOW 190/210 LEVEL IN COMING DAYS WITH STOP LOSS…?

FOR DETAIL LEVELS YOU CAN SUBSCRIBE OUR SERVICES OR TALK  TO OUR EXECUTIVES

7 comments


CS OPENING BELL:
NIFTY SPOT DOWN 7@8265
SENSEX DOWN 15@27355
BANK NIFTY FUTURES UP 3@17885

CS NIFTY FUTURES (OCTOBER) OVERVIEW
TREND MIXED TO BULLISH
RES2:8325
RES 1:8285     
SUP1:8225
SUP2:8195

CS BANK NIFTY FUTURES (OCTOBER) OVERVIEW
TREND MIXED TO BULLISH
RES 2:18155
RES 1: 18050
SUP1: 17850
SUP2: 17775


HAPPY TRADING
+917316790000
3 comments


INDIAN BENCHMARKS  are likely to start the session on a negative note as the global cues look unsupportive with SGX Nifty trading 5 points lower. 

Headlines for the day:
HCL Tech Q1 net profit at Rs14045 cr (YoY)
Petronet LNG Q2 net profit down 5% (YoY) 
Ultratech Q2 nos: Improvement in operating performance; earnings subdued

Trend in FII flows: The FIIs were net  buyers of Rs   898.23 Cr in the cash segment on  Monday while the DIIs were net sellers of Rs   - 246.26 Cr, as per the provisional figures released by the NSE.


2 comments
Nifty levels:

Nifty spot close @8238
Nifty future close @8262

Today’s view on Nifty

Selling opportunity only below 8000 level, before that every dip will be a buying opportunity.

Bank Nifty levels:
Bank nifty spot close @17912
Bank nifty future close @18002

View on Banknifty

Fantastic recovery from lower level, we may see 18250-18500 level in coming days, no sell only buy on dips.

MARKET COMMENTERY

Gains in private sector banks, auto stocks and index heavyweights L&T, HDFC and Reliance Industries (RIL) helped key benchmark indices register decent gains. The barometer index, the S&P BSE Sensex, surged 214.56 points or 0.79% at 27,224.70, as per the provisional closing data. The 50-unit CNX Nifty rose 58.65 points or 0.72% at 8,238.15, as per the provisional closing data. The two key benchmark indices witnessed a sudden surge during the latter part of the trading session after languishing in red until about 14:00 IST. The Sensex provisionally settled above the psychological 27,000 level. Earlier, the Sensex had fallen below that level after initial slide. The Sensex had finished a tad above the psychological 27,000 level yesterday, 15 October 2015, after registering decent gains.

STOCK BUZZ
1. Among PSU banks, IDBI Bank (up 3.3%), State Bank of India (up 3.19%), United Bank of India (up 0.67%), Syndicate Bank (up 0.21%), Punjab National Bank (up 0.69%) and Corporation Bank (up 0.33%) gained. Canara Bank (down 0.18%), Bank of Baroda (down 0.53%) and Union Bank of India (down 1.38%) declined.
2. Shares of public sector oil marketing companies (PSU OMCs) edged higher after raising diesel prices. BPCL (up 1.96%), HPCL (up 2.17%) and Indian Oil Corporation (IOCL) (up 1.46%) gained. IOCL has announced increase in the retail selling price of diesel by 95 paise per litre at Delhi (including state levies) with corresponding price revision in other states. With the latest revision, the price of diesel in Delhi stood at Rs 45.90 per litre.

HOT PURSUIT
1. Meanwhile, data released by the government after market hours yesterday, 15 October 2015, showed that India's merchandise exports declined for tenth straight month in September 2015. Merchandise exports dropped 24.3% to $21.85 billion in September 2015 over September 2014. Imports dipped 25.4% to $32.32 billion. The trade deficit narrowed 27.6% to $10.5 billion in September 2015 from $14.47 billion in September 2014.
2. Positive lead from overseas markets aided the up move on the domestic bourses. European stocks edged higher after a lackluster reading on US consumer prices strengthened the view that the US Federal Reserve may continue to hold off on raising interest rates during the remaining part of the calendar year 2015. In Asia, Chinese and Japan stocks edged higher on stimulus hopes in those countries in the wake of recent weak economic data. US stocks surged yesterday, 15 October 2015, as falling US consumer prices added to the batch of disappointing economic data that reduces the odds of an interest-rate increase this year from the Federal Reserve.

OPTION STRATEGY

1. In today’s session we have seen call buying in 8000 and 8100 strike price, we may see 8200 as a strong support level in coming days.
2. DRREDYS 4200 and 4300 calls were so active we may see buying as remain above 4200.
3. IDEA 160 puts were so active today, we may see more selling below 160.

STOCKS TO WATCH

TATAMOTORS:
BUY TATAMOTORS AS REMAIN ABOVE 370 WE MAY SEE 400/410 LEVEL IN COMING DAYS.
ONGC:
Buy ONGC above 250 level we may see 270/280, below 250 major support will be 242.
AMBUJA CEM:
Sell AMBUJA as remain below 215 we may see 205/195 level in coming days.

Top PICKS OF THE DAY

•    HINDALCO ABOVE….? TGT…..?STOP LOSS……?
•    SELL ICICI BANK BELOW…..?...TARGET….?..STOPLOSS…?
•    SELL ONGC BELOW….? STOCK MAY SHOW 190/210 LEVEL IN COMING DAYS WITH STOP LOSS…?
2 comments


INDIAN BENCHMARKS  are likely to start the session on a positive note as the global cues look supportive with SGX Nifty trading 15 points higher. 

Headlines for the day:

  • Sep WPI In-line with Estimates
  • Positive surprise on industrial output data
  • Infosys drops post Q2 nos as guidance downgrade hurts sentiments 
  • TCS consolidated net profit at Rs6085 cr; revenue misses expectations 
  • RIL Q2 profits beat estimates; GRM at $10.6/bbl


Trend in FII flows: The FIIs were net  buyers of Rs   436.79 Cr in the cash segment on  Friday while the DIIs were net sellers of Rs   -102.49 Cr, as per the provisional figures released by the NSE.


0 comments