Our TATA Steel 420 PE Option Call Hits its target.......

 

Today   we had given a call to Buy Tata Steel 420 PE ( Option -29-Aug) around 14 for the target of 22--26+ ........

Look at the call as Today it made a low of 24.90 and now trading at 18

Patience wins the trade.......

We made profit of Rs  8488 on 1 Lot....

We Believe In our Research....

Hope You Minted Profit.

This call was given free on our blog...

Still Looking for trade or confused!!..............Don't Worry Join Our Team......

KEEP TRADING FOR FREE>Just Click on  link below

https://tradingcalls-indianmarketpulse.blogspot.com/

or

 E-Mail Us at indianmarketpulse@gmail.com

OR

 JOIN OUR WHATSAPP FREE TRADING TIPS GROUP 

JUST CLICK ON 

LINK BELOW :https://chat.whatsapp.com/BzNER8EY2vcEujvksRYjKa

MORE WILL UPDATE SOON!!

Our TATA Steel Intraday (Fut-29 Aug) SELL around 428 hits its target of 422....CMP 419

 

Today   we had given a call to Sell Tata Steel ( FUT -29-Aug) around 428 for the target of 422--418 ........

Look at the call as Today it made a low of 419 and now trading at 419.60

Patience wins the trade.......

We made profit of Rs  6366 on 1 Lot....

We Believe In our Research....

Hope You Minted Profit.

This call was given free on our blog...

Still Looking for trade or confused!!..............Don't Worry Join Our Team......

KEEP TRADING FOR FREE>Just Click on  link below

https://tradingcalls-indianmarketpulse.blogspot.com/

or

 E-Mail Us at indianmarketpulse@gmail.com

OR

 JOIN OUR WHATSAPP FREE TRADING TIPS GROUP 

JUST CLICK ON 

LINK BELOW :https://chat.whatsapp.com/BzNER8EY2vcEujvksRYjKa

MORE WILL UPDATE SOON!!

OUR TCS BUY Call HITS TARGET EVEN IN BEARISH MARKET.......We Believe in True Research

 

On 29 -July   we had given a call to Buy TCS  ( CASH/FUT -29-Aug) around 2135--2130 for the target of 2170--2200 ........

Look at the call as Today it made a high of  2221  and now trading at 2190

Patience wins the trade.......

We made profit of Rs  17500 on 1  Lot........

We Believe In our Research.....We Minted profit in buy call even in Bearish Market.

Hope You Minted Profit.

This call was given free on our blog...

Still Looking for trade or confused!!..............Don't Worry Join Our Team......

KEEP TRADING FOR FREE>Just Click on  link below

https://tradingcalls-indianmarketpulse.blogspot.com/

or

 E-Mail Us at indianmarketpulse@gmail.com

OR

 JOIN OUR WHATSAPP FREE TRADING TIPS GROUP 

JUST CLICK ON 

LINK BELOW :https://chat.whatsapp.com/BzNER8EY2vcEujvksRYjKa

MORE WILL UPDATE SOON!!

Our UPL 570 PE Option call Hits Its Target-----

On 30 -July   we had given a call to Buy UPL 570 PE  ( Option-29-Aug) around 18 for the target of 30--35 ........

Look at the call as Today it made a high of  31  and now trading at 24

Patience wins the trade.......

We made profit of Rs  11700 on 1  Lot........

We Believe In our Research

Hope You Minted Profit.

This call was given free on our blog...

Still Looking for trade or confused!!..............Don't Worry Join Our Team......

KEEP TRADING FOR FREE>Just Click on  link below

https://tradingcalls-indianmarketpulse.blogspot.com/

or

 E-Mail Us at indianmarketpulse@gmail.com

OR

 JOIN OUR WHATSAPP FREE TRADING TIPS GROUP 

JUST CLICK ON 

LINK BELOW :https://chat.whatsapp.com/BzNER8EY2vcEujvksRYjKa

MORE WILL UPDATE SOON!!

1st Aug Strategy:

1st Aug Strategy:

Global: Negative

FII: Negative

DII: Positive

F&O: Neutral

‪Sentiment: Negative

Trend: Negative

11075-11150 small day range, Medium range 11000-11200

BankNifty 28750-28950 small day range, Medium range 28550-29100

Further down risk opens if Nifty, BankNifty trades below 11000 n 28500

For Existing Long Positions:

Nifty intraday n closing SL 11000

BankNifty intraday n closing SL 28500

For Existing Short Positions:

Nifty intraday SL n Closing SL 11200

BankNifty intraday n Closing SL 29000

For New Positions:

Sell Nifty:

SL 11150 Tgt 11075, 11000

Buy Nifty near 11000:

SL 10950 Tgt 11075, 11100

Sell BankNifty:

SL 29000 TGT 28750, 28550

Buy BankNifty near 28550:

SL 28450 TGT 28700, 28800

PCR 1.09, VIX 13.66

MORE WILL UPDATE SOON!!

Top buy and sell ideas

Sell Maruti Suzuki with a stop loss of Rs 5520 and target of Rs 5380 and Shree Cements with a stop loss of Rs 20600 and target of Rs 19000.

 

The BSE Sensex gained 83.88 points to 37,481.12 while the Nifty 50 strongly defended psychological 11,000-mark and rose 32.60 points to close at 11,118.

The broader markets also rebounded to close higher with the Nifty Midcap index rising 1.38 percent and Smallcap index gaining 0.4 percent.

In July, the BSE Sensex lost nearly 5 percent and the Nifty 50 shed 5.7 percent and formed a bearish candle on the monthly charts. It was the worst July for Nifty in the last 17 years.

According to the pivot charts, the key support level is placed at 11,029.83, followed by 10,941.67. If the index starts moving upward, the key resistance levels to watch for out are 11,175.73 and 11,233.47.

The Nifty Bank closed at 28,876.00, up by 84.40 points on July 31. The important pivot level, which will act as crucial support for the index, is placed at 28,610.6, followed by 28,345.2. On the upside, key resistance levels are placed at 29,060.6, and 29,245.2.

Buy Asian Paints with a stop loss of Rs 1500, target of Rs 1565

Buy Torrent Power with a stop loss of Rs 298 and target of Rs 315

Buy Aurobindo Pharma with a stop loss of Rs 565, target of Rs 590

Buy HPCL with a stop loss of Rs 262, target of Rs 276

Buy UPL with a stop loss of Rs 588, target of Rs 610

Buy ICICI Prudential with stop loss of Rs 394 and target of Rs 408

Buy Larsen & Toubro with stop loss at Rs 1545 and target of Rs 1580

Sell Indraprastha Gas with stop loss at Rs 306 and target of Rs 291

Sell Mahindra & Mahindra with stop loss at Rs 648 and target of Rs 632

Sell Maruti Suzuki with a stop loss of Rs 5520 and target of Rs 5380

Sell Shree Cements with a stop loss of Rs 20600 and target of Rs 19000

Buy HCL Tech with a stop loss of Rs 1022 and target of Rs 1056

Sell Eicher Motors with a stop loss of Rs 16550 and target of Rs 16000

MORE WILL UPDATE SOON!!

Fed July policy meet: A mid cycle rate adjustment – well telegraphed

In effect, the current rate decision is not a start of a series of policy rate cuts which normally accompany severe economic slowdown or a recession.

 

Highlights

As expected, Fed cuts policy interest rate by 25 bps 

US macro remains largely robust; concerns are limited to softness in business investment

Rate cut decision majorly based on global growth concerns and low inflation readings

Trade war remains a crucial variable leading to investment uncertainty

Accommodative stance expected to sustain longer; other central banks might follow Fed

 As anticipated, the Federal Reserve has delivered a 25 bps rate cut – first in over a decade. Signals for this were very well “telegraphed” through the June policy meet and various Fed officials’ speeches since then.

While a few of the market participants even pencilled in a larger policy interest rate cut of ~50 bps, we think that the Fed has delivered a slightly more dovish stance compared to median expectations. Reasons for this lie in the fact that the rate cut decision is coupled with another accommodative stance - closure of balance sheet reduction process sooner than expected.

However, what spooked the markets has been the uncertain outlook for rate cuts in the near future.  As a result, US equities dived along with the US 10-year yield. The USD is witnessing a relief rally as a stronger and longer monetary easing bias seems absent.

Fed gears up for accommodation amid inexplicable inflation & unchartered trade war

Signals

1, Domestic macro & global growth: The Fed statement continues to emphasise that the domestic labour market remains strong and that economic activity has been rising at a moderate pace. Furthermore, consumption growth which was weak in the early part of the year has bounced back, according to recent household spending data.

In fact, Fed Chair Jerome Powell in the press conference clarified that there is nothing in the US economy that presents a prominent near-term threat to the US economy. Downside risks are really coming from abroad. And this risk from slowdown in the global economy, along with a persistent low inflation environment, is affecting the domestic manufacturing sector and business investment.

2, Trade war impact: Powell mentions that mechanical effects of higher tariffs are quite small compared to the size of US economy. However, real impact of the trade spat between two large economies is through business confidence channel, which is significant and can be seen visible for manufacturing businesses which have supply chains that cross international borders. While this makes the ongoing US-China trade talks a key variable to look at, it is difficult to anticipate. Fed looks at it as it progresses.

3, Financial stability framework: According to the Fed, the overall US financial system appears resilient, which is much better than before the financial crisis. Powell elaborates on key parameters, like household borrowing is low and banks’ balance sheet is strong. Valuation pressures are visible for few financial markets, but they are not alarming. However, what needs to be paid attention to is business borrowing. Powell admits that a highly-leveraged business sector could act as an amplifier to a downturn.

Implications

As the Fed mentions, the current policy rate cut decision is a “mid-cycle adjustment” for the policy rate trajectory aimed at sustaining the expansion of economy. This means that the current rate decision is not a start of a series of policy rate cuts which normally accompany severe economic slowdown/recession. So, as per the Fed, this may or may not be a case of more than one rate cut phenomena and it’s intended to respond to select variables.

These variables are related to downside risks from a weak global growth and trade policy uncertainty which are impacting US economy in terms of weaker manufacturing performance and higher uncertainty related to business investment.

Along with that, domestic inflation (June core inflation at 1.6 percent) has been muted and global disinflationary pressures persist. While domestic wages are rising, the rate is not as much so that it would put much upward pressure on inflation. The Federal Reserve sees the risk that reaching inflation target of 2 percent may be “further delayed, and that continued below-target inflation could lead to a worrisome and difficult-to-reverse downward slide in longer-term expectations”.

We believe that the Fed continues to avoid any flip flop in the interest rate policy direction and hence come with enough caveats on future discourse. However, given the interim stickiness of a few of the factors cited by the Fed (inflation, trade uncertainty and global growth), we believe monetary accommodation is likely to extend for the foreseeable future.

In fact, in coming months, other developed markets central banks are expected to add to monetary policy accommodation. In our view, this scenario comes as a reprieve for global equity markets, particularly if there is a thaw in the economic slowdown as well.

MORE WILL UPDATE SOON!!

D-Street Buzz: 500 stocks hit new 52-week low on BSE including Tech Mahindra, M&M; VIX spikes

The top gainers from NSE include Hero Moto, IndusInd Bank, YES Bank, Sun Pharma and Grasim Industries while the top losers are Zee Entertainment, Axis Bank, Bharti Infratel, Tech Mahindra and Indiabulls Housing Finance.

  

Indian benchmark indices continues to trade in the red following weak Asian cues with Sensex down 193 points at 37,204 while the Nifty50 is down 69 points at 11,015.

Nifty Realty is down close to 3 percent dragged by Indiabulls Real Estate, DLF, Phoenix Mills, Sobha, Prestige Estates, Godrej Properties and Sunteck Realty.

The IT index is also trading in the red, the top losers being Tech Mahindra which is down over 3 percent followed by Infosys, Tata Consultancy Services and Mindtree.

Nifty Media shed 2 percent in this morning session dragged by Zee Entertainment which shed over 4 percent followed by Eros International Media, PVR, TV Today Network, UFO Moviez, Dish TV and DB Corp.

However, after a gloom for the last few days, the auto index added half a percent led by Hero MotoCorp, Motherson Sumi Systems, TVS Motor Company, Bosch and Bajaj Auto.

From the banking space, Axis Bank is down 4 percent followed by HDFC Bank, Kotak Mahindra Bank and State Bank of India which are also trading in the red. However, YES Bank, Bank of Baroda and IndusInd Bank are trading in the green.

India VIX jumped 4.11 percent and is trading at 14.17 levels.

The top gainers from NSE include Hero Moto, IndusInd Bank, YES Bank, Sun Pharma and Grasim Industries while the top losers are Zee Entertainment, Axis Bank, Bharti Infratel, Tech Mahindra and Indiabulls Housing Finance.

The most active stocks are Axis Bank, Reliance Industries, Indiabulls Housing Finance, IndusInd Bank and YES Bank.

574 stocks have hit 52-week low on BSE including Coffee Day Enterprises, Sical Logistics, Godrej Industries, Shoppers Stop, Biocon, Bharti Infratel, Bajaj Corp, Tech Mahindra, Castrol India, Ajanta Pharma, Britannia Industries, Ceat, Indian Bank, L&T Fin Holdings, Glenmark Pharma, IDBI Bank, Wockhardt, Escorts, Mahindra & Mahindra and Aurobindo Pharma among others.

408 stocks advanced and 1230 declined while 449 remained unchanged on the NSE. On the BSE, 550 stocks advanced, 1399 declined and 67 remained unchanged.

MORE WILL UPDATE SOON!!

Rupee opens at lowest level since June 27, falls 41 paise against dollar

The rupee has opened at the lowest level since June 27.

 

The Indian rupee slipped in the early trade on Thursday. It has opened lower by 41 paise at 69.20 per dollar versus previous close 68.79.

The rupee has opened at the lowest level since June 27.

On July 31 the rupee has recovered from the lows and finished 6 paise higher at 68.79 against the US dollar ahead of the outcome of US Federal Reserve meeting.

The dollar-rupee August contract on the NSE was at 68.98 in the previous session. Open interest declined 9.84% in the previous session.

We expect the USD-INR to find support at lower levels. Utilize downsides in the pair to initiate long positions, it added.

MORE WILL UPDATE SOON!!

Stocks in the news: Zee Entertainment, Eicher Motors, Wipro, Ashok Leyland, HDFC

Eicher Motors | Wipro | Ashok Leyland | IndiaMart InterMesh | Unichem Labs and Ajanta Pharma are stocks which are in the news today.

 

Here are stocks that are in the news today:

Results on August 1: Bharti Airtel, Tata Power Company, Marico, Godrej Consumer Products, Elgi Rubber Company, Ginni Filaments, JK Tyre & Industries, Ceat, JSW Holdings, Cera Sanitaryware, International Paper APPM, Ganesha Ecosphere, Prestige Estates Projects, Varun Beverages, KRBL, Adlabs Entertainment, Aavas Financiers, Dynemic Products, 21st Century Management Services, Hindustan Construction Company, Dalmia Bharat, OnMobile Global, Mahindra Logistics, Welspun Enterprises, Orient Paper & Industries, PTC India Financial Services, Hikal, Thangamayil Jewellery, LGB Forge, Magma Fincorp, GlaxoSmithKline Consumer Healthcare, ICRA, AXISCADES Engineering, Raymond

Eicher Motors Q1: Profit falls 21.6 percent to Rs 451.8 crore versus Rs 576.2 crore, revenue dips 6 percent to Rs 2,381.9 crore versus Rs 2,534.4 crore YoY.

UPL Q1: Consolidated profit at Rs 178 crore against Rs 510 crore, revenue at Rs 7,906 crore against Rs 4,134 crore YoY. (numbers are not comparable due to Arysta acquisition).

Here are stocks that are in the news today:

Results on August 1: Bharti Airtel, Tata Power Company, Marico, Godrej Consumer Products, Elgi Rubber Company, Ginni Filaments, JK Tyre & Industries, Ceat, JSW Holdings, Cera Sanitaryware, International Paper APPM, Ganesha Ecosphere, Prestige Estates Projects, Varun Beverages, KRBL, Adlabs Entertainment, Aavas Financiers, Dynemic Products, 21st Century Management Services, Hindustan Construction Company, Dalmia Bharat, OnMobile Global, Mahindra Logistics, Welspun Enterprises, Orient Paper & Industries, PTC India Financial Services, Hikal, Thangamayil Jewellery, LGB Forge, Magma Fincorp, GlaxoSmithKline Consumer Healthcare, ICRA, AXISCADES Engineering, Raymond

Eicher Motors Q1: Profit falls 21.6 percent to Rs 451.8 crore versus Rs 576.2 crore, revenue dips 6 percent to Rs 2,381.9 crore versus Rs 2,534.4 crore YoY.

UPL Q1: Consolidated profit at Rs 178 crore against Rs 510 crore, revenue at Rs 7,906 crore against Rs 4,134 crore YoY. (numbers are not comparable due to Arysta acquisition).

MORE WILL UPDATE SOON!!