Friday, 15 December 2017

Porinju Veliyath Portfolio Holdings:Do you own any??

Fan and follower of Porinju always seek information about buying and selling activity of him. In order to help them here is a comprehensive list of Stocks held by Mr.Porinju.


Porinju Veliyath Portfolio Holdings
Eastern Treads Limited
IZMO Limited
Simran Farms
Stylam Industries
Samtex Fashions
BDH Industries
Emkay Global
Flex Foods
Tara Jewels
Alpa Labs
V2 Retail
ABC India
Linc Pen
Harrisons Malayalam
Palred Technologies
Sahyadri Industries
Archies
Gokaldas Exports
Arvind Infrastructure
Globus Spirits
Tera Software
KNR Construction
Jubilant Life Sciences
 Nirvikara Paper Mills

Porinju is indeed successful stock market investor. So question arise that what makes him a successful & billionaire Investor?  How he invest in the stock market?  So, here is some simple points which makes him successful value picker.

Porinju Veliyath Investment Style

Identify and Invest in future multi baggers
Porinju has always identified and invest in future multi-bagger companies. The first example was Geojit Finance. The second example is Shreyas Shipping & Logistics. He invested in this stock in the year 2012. At that time stock was trading at Rs.30.The stock has reached an all-time high on 7th Aug 2015 Rs.839.
Make strategy when to Exit from stock
Porinju exited from Shreyas Shipping by booking profit at the level of Rs.700. After reaching all-time high stock price is now reduced to Rs.271. So, it is important to know when to exit from stock.
Buy lesser-known, high quality businesses to derive maximum portfolio value.
Entire portfolio holding of porinju is full of less –known, high-quality business. E.g No one was aware of stock such as Gokaldas Exports or Nirvikara Paper Mills before he invested.
Invest in companies with clean balance sheet, honest management and clear business visibility
Porinju always invests in companies with a clean balance sheet, honest management, and good business potential. He invested in Geojit Financial Services for these qualities only.

MORE WILL UPDATE SOON!!

Use rallies to build short positions; 4 stocks which can give up to 18% return

Overall, we expect Nifty to trade in a broad range of 10,000-10,400 levels where any pullback towards 10,350-10,400 can be used to exit from trading longs and initiating fresh shorts.

 

The Nifty has formed a downward sloping channel formation on a daily chart and recently it saw sharp reversal from the upper band of the channel formation. Looking at the daily chart, we are seeing lower highs & lower lows on Nifty as well as on the daily RSI (14) momentum indicator.
At this juncture, the index is finding support near the 61.8 percent retracement of its entire move from the bottom of 10,033 to the top of 10,329 which is likely to be taken out in a coming trading session as we are expecting a range shift on a daily chart.
Going forward, we maintained our sideways to bearish view on the index and expect Nifty to correct towards 10,050-10,000 level; hence, positional traders are advised to use any meaningful bounce if any,
On the higher side, 10,330 / 10,407 zone has a cluster of resistance and as long as the index is trading below this zone our view will remain cautious in the near term.
If we analyse option data than that also indicates the same broad range for Nifty. On lower side maximum put writing at 10,000 strike option will act as strong support zone whereas call writing at 10,400-10,500 strike options continued to be a supply zone for this series.
Overall, we expect Nifty to trade in a broad range of 10,000-10,400 levels where any pullback towards 10,350-10,400 can be used to exit from trading longs and initiating fresh shorts.
Here is a list of top 4 stocks which can give up to 18% return in 15-21 sessions:
Sun Pharma: BUY around Rs514| Target Rs610| Stop loss Rs460| Time frame 15 to 21 sessions| Return 18%
Looking at the daily chart, we are seeing a formation of a Bullish divergence and the impact of said pattern was seen last week when the stock rebounded sharply towards Rs572.
Subsequently, the bears tried to pull the stock lower but it bounced back from the support near 50% retracement of its entire swing move. The daily RSI (14) also found support near 40 levels.
Hence, we expect this stock to see a decent up move in the coming week and therefore we recommend traders to buy this stock at the current level of Rs514 with a price target of Rs610. A Stop loss should be placed below Rs460.
ONGC: BUY around Rs185 – 182| Target Rs205| Stop loss Rs175| Time frame 15 to 21 trading sessions| Return 10%
After taking a support near the daily 89-EMA, the stock witnessed a decent buying interest. On a daily chart, the RSI (14) took support near 40 and started heading northward.
On the daily chart, 9-45 EMA is still positive indicating the current trend is still up. Also, the rising crude oil price is a favorable for upstream companies.
Thus, we advocate traders to buy this stock in a range of Rs185 – 182 with a price target of Rs205. A stop loss should be placed near 175.
Can Fin Homes: SELL around Rs460 to 465| Target Rs410| Stop loss Rs481| Time frame 15 to 21 trading session| Return 10.8%
The stock has formed Lower Highs & Lower Lows on the daily charts. Recently, the stock saw a pullback from the low of Rs431 but saw strong resistance near the daily 45-EMA and formed a triangle pattern.
In Thursday’s trading session, stock confirmed its breakdown from triangle pattern. The 9-45 EMA on price is negative indicating the current trend is down.
Hence, we suggest traders to build a short position in Canfinhome around 460 /465 with a price target of 410 and stop loss placed above 481.
Indiabulls Housing Finance: SELL around Rs1190 – 1200| Target Rs1100| Stop loss Rs1230| Time frame 15 to 20 trading session| Return 7.5%
After witnessing a sharp rally, the stock breached the Higher Top Higher Bottom sequence on the daily chart and thereafter it is consolidating in a narrow range since past several days.
The 9-45 EMA has signaled negative crossover and with this stock also broke the rising trend line on daily chart. Looking at the placement of candlestick pattern on the daily chart, we expect further weakness in this counter hence one can take a short position in a range of 1190 – 1200 with a price target of 1100. Stop loss should be placed at 1230.

MORE WILL UPDATE SOON!!

Outcome of Exit Polls in Gujarat among top 5 factors cheering Sensex, Nifty

Frontline indices witnessed a gap-up opening, with the Sensex gaining over 300 points in the first few minutes of trade, while the Nifty managed to reclaim 10,350 mark.

   

The Indian market on Friday cheered the exit poll outcomes for Gujarat and Himachal Pradesh Legislative Assemblies, which predicted a comfortable victory for the ruling Bharatiya Janata Party (BJP).
The positivity in the market is on the back of assurance of a political stability, which is key to passing of important reforms for the economy at the State and Centre levels.
Frontline indices witnessed a gap-up opening, with the Sensex gaining over 350 points intraday in the first few minutes of trade, while the Nifty managed to reclaim 10,350 mark.
Exit Polls suggest victory for BJP
Exit polls released by various news organisations and survey agencies on Thursday revealed that the ruling-Bharatiya Janata Party (BJP) is likely to retain power in Gujarat following the 2017 assembly election.
While most polls suggested that the Congress had improved its tally in north Gujarat, the ruling party continues its dominance in south Gujarat.
In the 2012 assembly polls, the BJP won 115 seats, just short of the two-thirds mark, while the Congress won 61 seats in the 182-member assembly. BJP and Congress had a vote share of 47.90 and 38.90 percent, respectively. Former chief minister Keshubhai Patel's Gujarat Parivartan Party (GPP), which was hoping to dent the BJP, ended up winning only two seats. The party was later merged with the BJP. The Nationalist Congress Party (NCP) and the Janata Dal (United) bagged two and one seat respectively.
Meanwhile, exit polls released by various news organisations and survey agencies on Thursday revealed that the Bharatiya Janata Party (BJP) is set to end Congress' rule in Himachal Pradesh. The poll results also indicated that the BJP would win with a 51 percent vote share in the Himalayan state, while Congress's vote share would be 38 percent. Other candidates will take home the remaining 11 percent votes. The agency said that the final result could be somewhere between plus or minus seven in terms of the seat share and three percent in terms of the vote share.
Technical Breakout
Ahead of the announcement of exit polls on Thursday, the Nifty ended above 10,250, making a Hammer-like pattern on the daily charts.
A Hammer which is a bullish reversal pattern is formed after a decline while Hanging Man is a bearish reversal pattern. In this pattern, market witnesses a significant selloff towards opening but manages to recoup some of the losses and closes near the opening level.
Formation of a bullish candle after two successive bearish candles suggests that market is now factoring in a favourable victory of BJP in the upcoming poll results next week.
For the bullish momentum to continue, experts had suggested that the index has to surpass its crucial resistance level placed around 10,350 levels. In this case, the Nifty has managed to surpass that in the opening tick, setting the course for the market ahead.
Booster from US Fed -- no aggresive rate hikes in 2018
The US Federal Reserve, in its recent policy meeting, announced that there could be no aggressive rate hikes in the following year, leading to some relief among emerging markets.
The US central bank came through on a widely expected interest rate hike on Wednesday following its two-day policy meeting and sharply raised its economic growth forecast for 2018.
In their decision, the central bank policymakers mostly followed the script, though they did indicate that one less hike is on the way for 2019. Two Fed presidents voted against the increase — Charles Evans of Chicago and Neel Kashkari of Minneapolis.
The move will push the target range to 1.25 percent to 1.5 percent. The rate is pegged to a wide variety of debt instruments, such as credit cards and adjustable-rate mortgages. The Fed has persevered in hiking rates gradually, with this week's raise being the third quarter-point move in 2017. Projections for 2018 remained unchanged at three more increases.
Global brokerages betting on macro visibility
On the macro front, market experts are looking forward to improving economic and macro scenario. This, if transpired, would lead to more upward moves on the market going forward.
The Indian division of Credit Suisse sees India’s macro economic visibility improving in 2018. However, the growth prospects for the economy are likely to remain weaker than currently expected, according to Neelkanth Mishra, Managing Director and India Equity Strategist at Credit Suisse. "Structural reforms have weakened visibility on most macroeconomic parameters," Mishra said.
“We have long considered India as a ‘house under renovation’. Structural reforms such as the Good and Services Tax (GST), the Insolvency and Bankruptcy Code (IBC) and the setting up of Real Estate Regulators (RERA) in states while structurally positive, have introduced significant uncertainty around growth, fiscal deficits, inflation, interest rates and banking system health,” he added.
Fundamentally, we are turning a corner in terms of economic and earnings growth, Pramod Gubbi, Head of Equity at Ambit Capital, told CNBC-TV18 in an interview. He expects December quarter earnings to see a pick up on the back of a recovery in environment and a weak base from the last quarter. “In terms of sectors, consumer discretionary and IT could show improvement in terms of growth,” he told the channel. Overall, he expects around 15 percent growth in earning for FY19.
Oil stable on tighter market
After witnessing a sudden spike to USD 65 levels, oil prices seem to have stabilised by now.
Oil markets were stable on Friday as the Forties pipeline outage in the North Sea and the ongoing OPEC-led production cuts supported prices, while rising output from the United States kept crude from rising further.
US West Texas Intermediate (WTI) crude futures were at USD 57.15 a barrel at 9:40 hours IST, up 0.19 percent from their last settlement.
Brent crude futures, the international benchmark for oil prices, were at USD 63.26 a barrel, down 0.08 percent from their last close.
Traders said markets were overall well supported by efforts led by Organization of the Petroleum Exporting Countries (OPEC) and Russia to withhold supply to prop up prices.

MORE WILL UPDATE SOON!!