Wednesday, 21 August 2019

Our M&M BTST Trade Proved Fruitful again......

 







Yesterday We had Given a BTST call to M&M ( Fut-29 Aug ) around 528 for the target of  535--539

Look at the call as Today it made a high of 535.15 and now trading around 530

Patience wins the trade.......

We Booked Part  Profit Today around 533

Profit of Rs 5000 on 1  Lot....... 

We Believe in our Research......

Hope You Minted Profit.

This call was given free on our blog and in Our whatsapp group.

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

KEEP TRADING FOR FREE>Just Click on  link below


or

 E-Mail Us at indianmarketpulse@gmail.com

or 

Call:8303052186



MORE WILL UPDATE SOON!!




Our Bata BTST Call Proved fruitful again.....Waiting For 2nd Target.....Are You!!










Yesterday We had Given a BTST call to Bata ( Fut-29 Aug ) around 1472 for the target of  1483.50--1485

Look at the call as Today it made a low of 1484.25 and now trading around 1482

Patience wins the trade.......

We Booked Part  Profit Today around 1483.50

Profit of Rs 6325 on 1  Lot....... 

We Believe in our Research......

Hope You Minted Profit.

This call was given free on our blog and in Our whatsapp group.

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

KEEP TRADING FOR FREE>Just Click on  link below


or

 E-Mail Us at indianmarketpulse@gmail.com

or 

Call:8303052186




MORE WILL UPDATE SOON!!

Our Sun TV STBT Trade proved fruitful.........

  

  

 

Yesterday We had Given a STBT call to Sun TV ( Fut-29 Aug ) around 436 for the target of  430--428

Look at the call as Today it made a low of 428.60 and now trading around 431.10

Patience wins the trade.......

We Booked Part  Profit Today around 431

Profit of Rs 5000 on 1  Lot....... 

We Believe in our Research......

Hope You Minted Profit.

This call was given free on our blog and in Our whatsapp group.

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

KEEP TRADING FOR FREE>Just Click on  link below


or

 E-Mail Us at indianmarketpulse@gmail.com

or 


Call:8303052186



MORE WILL UPDATE SOON!!







Stock picks of the day: Immediate support for Nifty seen at 10,970

Nifty continued to remain volatile as it couldn’t manage to hold gains. The index has immediate support at 10,970.


  Image result for stocks to picks
Nifty 50 closed the range bound session lower on August 19 but managed to hold psychological 11,000 levels amid mixed global cues and hoped of stimulus measures from the government to revive economy.
The index continued to remain volatile as it could not manage to hold gains and shut shop in the red. Now, the index has immediate support at 10,970.
After touching intraday high and low at 11,076.30 and 10,985.30 respectively, the index ended the day with a loss of 37 points, or 0.33 percent, at 11,017. Among the 50 stocks in the index, 20 advanced and 30 declined.
The index formed a bearish candle on daily charts as selling pressure was seen at higher levels while, at the same time, decline was being bought into the market.
On the Options front, maximum Put open interest is at 11,000 followed by 10,800 strike while maximum Call open interest is at 11,000 followed by 11,500 strike.
Minor Call writing is at 11,100 followed by 11,000 strike while Put unwinding is at all the immediate strikes with minor Put Writing at 10,800 strike.
India VIX fell by 0.7 percent to 16.63 levels.
Here is a list of two sell and one buy recommendation for the next one-three months’ horizon:
Tech Mahindra: Buy | LTP: 669.15 | Stop Loss: Rs 640 | Target range: Rs 710-740 | Upside 6-11 percent
On the weekly chart, Tech Mahindra has resumed its upward journey after taking support at the neckline of the channel pattern in its throwback, suggesting higher levels in the coming trading sessions.
On the daily chart, the stock is on the verge of a breakout from the neckline of an inverted head and shoulders pattern placed at Rs 680. A successful breakout backed by higher volumes will take the stock higher to the levels of Rs 710-740.
RSI has turned higher from oversold levels, forming higher lows which confirms that the downtrend is losing steam.
The stock may be bought in the range of Rs 665-675 for targets of Rs 710-740, keeping a stop loss below Rs 640.
United Breweries (UBL): Sell | LTP: Rs 1,321 | Stop Loss: Rs 1,380 |Target range: Rs 1,250-1,200 | Downside 6-10 percent
On the weekly chart, United Breweries has broken down from a trendline support placed at Rs 1,350. Further, it has turned south after facing resistance at the 61.8 percent Fibonacci retracement level which suggest weakness.
On the daily chart, it has broken down and trading below its 200-DMA, suggesting lower levels in the coming trading sessions.
RSI has also turned southward from the resistance zone of 60 which is favouring the bears.
The stock may be sold in the range of Rs 1,330-1,320 for the targets of Rs 1,250-1,200, keeping a stop loss above Rs 1,380.
Asian Paints: Sell | LTP: Rs 1,590.30 | Stop Loss: Rs 1,640 | Target range: 1,500-1,460 | Downside 5-8 percent
On the weekly chart, Asian Paints has started forming small real bodies following a significant rally recently. Further, it started the trading week on a negative note forming a spinning top which suggests that the bulls are losing upper hand.
On the daily chart, it is forming an ending diagonal and is on the verge of a breakdown. A close below Rs 1,570 could mean temporary curtains for the bulls as corrections can be seen to levels of Rs 1,500-1,460.
RSI has formed a negative divergence which favours the bearish view developing currently.
The stock may be sold in the range of Rs 1,590-1,580 for the targets of Rs 1,500-1,460, keeping a stop loss above Rs 1,640.
MORE WILL UPDATE SOON!!

Global analysts cut Nifty FY20 EPS estimates, lower GDP growth target after Q1

Morgan Stanley cut its FY20 GDP growth target to 6.3 percent from 6.5 percent and for FY21 to 6.8 pe

Image result for GDPrcent from 7.2 percent.



Most global brokerages cut earnings estimates for the current financial year and economic growth forecast given lower-than-expected earnings in Q1.
"Consensus Nifty FY20 EPS growth estimates are expected to fall to 25 percent from 31 percent and growth in FY21 is likely to be at 22 percent, which we have been expecting it to settle in the high-teens," said Credit Suisse in its India Strategy note.
The brokerage further said given the weak economic momentum, there are downside risks estimates. "Some economic weakness is de-stocking, which will become sharply positive when it turns but the turning point is not visible yet."
Morgan Stanley in its India Strategy note also said consensus earnings revision breadth turned down to its lowest level since 2015 and consensus has cut Sensex FY20 earnings growth target to 20 percent from 25 percent.
The two-year CAGR of earnings is down by 2 percent to 19 percent, it said, adding consolidated discretionary, financials and materials have been seeing the biggest downward revisions.
Hence, Morgan Stanley cut its FY20 GDP growth target to 6.3 percent from 6.5 percent and for FY21 to 6.8 percent from 7.2 percent.
In August monetary policy meeting, the Reserve Bank of India also lowered real or inflation-adjusted gross domestic product (GDP) to grow at 6.9 percent in 2019-20, lower than 7 percent it had projected in June.
The central bank expectedly cut the repo rate, at which banks borrow money from RBI, by 35 basis points to 5.4 percent, taking total rate cut to 110 bps this year.
"Beneficiaries of low interest rates are NTPC, Power Grid, Embassy REIT, ICICI Bank, Axis Bank and HDFC Bank.
MORE WILL UPDATE SOON!!

These 12 Nifty stocks trading at discount to 5-yr avg P/E; time to buy?

The golden rule of investment is to pour money in stocks that are trading at attractive levels compared to their intrinsic value, thus allowing investors to create wealth over a period of time.

Benchmark indices, even after the recent correction, are trading at a slight premium to historical averages but there are many individual stocks that are available at an attractive valuation when compared to historical averages.
Top 12 Nifty stocks that are trading at a discount to 5-Yr PE average include Sun Pharma, ZEE Entertainment, Indiabulls Housing, Coal India, ONGC, Dr Reddy’s, Tata Motors, IndusInd Bank, Tata Steel, Eicher Motors, M&M and GAIL.
A Price-to-Earnings ratio or PE value the company is a ratio of current market price to its earnings per share. It also referred to as multiple. This measure of valuing the company is used by investors to filter out stocks for investment.
The golden rule of investment is to pour money in stocks that are trading at attractive levels compared to their intrinsic value, thus allowing investors to create wealth over a period of time.
Experts advise investors to use the stocks as a filter to shortlist names, but they should combine it with their own study by understanding the fundamentals of the company and the impact of external environment on the demand scenario.
The 5-year historical average P/E can be one of the key criteria to look at before investing in any stock. However, the key is to avoid buying the falling knife and do more research to understand industry dynamics and fundamentals of the companies.
For instance, apart from facing a slowdown in their respective industries, companies like Sun Pharma, Indiabulls Housing are also witnessing pressure due to on-going corporate governance issues and hence fresh investments at this juncture may not be a good decision,
Mishra said despite a good quarter, Ze Ent is likely to remain under pressure as the recent deal for stake sale did not satisfy the investors. On the contrary, auto stocks like M&M, Eicher, etc. are facing the brunt of the slowdown in the automobile industry.
He likes ONGC and GAIL that look good from a long-term perspective, however, these stocks may remain under pressure in the near term due to subdued performance in Q1FY20.
IndusInd Bank may remain under watch for few months post its acquisition of Bharat Financial Inclusion and hence fresh investments should be done on dips and not at current levels.
Stocks trading above 5-year Avg PE
There are 10 Nifty stocks that are trading above 5-year average that include Britannia, Wipro, Infosys, HDFC, HUL, Asian Paints, TCS, Titan, RIL and Bajaj Finance.
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Most of the above-mentioned stocks have shown steady growth record and quality management makes them attractive bet even at high valuations, suggest experts. Booking profits is not advisable.
Nifty is already down 1,000 points from its peak. Booking profits in such stocks is not advisable. It is late now, better to wait for Nifty to rally to 11,500, which is 50 percent retracement from of the entire fall.
Experts further say that valuation expansion will happen when growth in business has hastened, margins have expanded, revenue and margin visibility has improved for the company.
These businesses have prudent management, strong promoter track record and sound long-term growth prospects that can fetch healthy returns over the long term. These stocks are likely to trade at a premium valuation given a consistent performance as well as market leadership in their respective industries.
He further added that these blue-chip names should form a part of the investor’s portfolio. We believe investors should not book profits in these stocks as the investments could grow substantially over a long-term.
MORE WILL UPDATE SOON!!