BUY BHEL @ 135 FOR TARGET 146-150 STOPLOSS 130.
BUY CAIRN INDIA @ 320 FOR TARGET 335-338 STOPLOSS 316.
BUY DLF @ 160 FOR TARGET 175-180 STOPLOSS 155.
GOODLUCK
Thursday, September 19, 2013
Wednesday, September 18, 2013
HOLD RPOWER
Ashu Madan of Religare Securities told CNBC-TV18, Reliance Power since last four-five weeks has been trading with a huge volume within Rs 65-70 band, so I think this band should hold, something should come up. The movement it crosses Rs 70-72, it can go to Rs 82 levels but I think one should keep a strict stop loss of Rs 65-66 on the downside to hold this.
He further added, This is a buy also at Rs 72, which is not very far from the current price but it has given a very sideways movement with the big volume. So I feel that probably something is coming up and maybe if it is able to cross Rs 72, we could see some sharp rise in this stock. So one should wait and hold on to this stock with a strict stop loss of Rs 65-64 levels if it convincingly breaks down below that.
TRADING CALLS FOR 18 SEPTEMBER
BUY TATA STEEL 300 CALL @ 6.9 FOR TARGET 12-15 STOPLOSS 4.5
BUY BHEL 140 CALL @ 4 FOR TARGET 7-8 STOPLOSS 2.5.
BUY NTPC @ 140 FOR TARGET 144-146 STOPLOSS 138.
GOODLUCK
Friday, September 13, 2013
TRADING CALLS FOR 13 SEPTEMBER
BUY CAIRN INDIA @ 320 FOR TARGET 328-332 STOPLOSS 316.
BUY TATA MOTORS 310 PUT @ 5.5 FOR TARGET 8-10 STOPLOSS 4.
BUY DISHTV @ 45.25 TARGET 47-48 STOPLOSS 44.
GOODLUCK
Thursday, September 12, 2013
Factory output rises by 2.6 pc in July
NEW DELHI: After contracting for two straight months, industrial
production entered the positive zone in July, recording a growth of 2.6
per cent on account of improved performance of manufacturing and power
sectors.
Factory output measured in terms of the Index of Industrial Production (IIP) had contracted 0.1 per cent in July last year, as per the data released by Central Statistical Organisation today.
Meanwhile, IIP for June was revised upwards to a decline of 1.78 per cent from a provisional 2.2 per cent dip in production. It contracted by 2.8 per cent in May this year.
During April-July this year, factory output contraction remained flat at 0.2 per cent.
The manufacturing sector, which constitutes over 75 per cent of the index, grew by 3 per cent in July compared to zero growth in the month a year earlier. During April-July, the sector saw a decline of 0.2 per cent compared with a contraction of 0.6 per cent in the period last year.
Power generation increased by 5.2 per cent in July as against a growth of 2.8 per cent in same month in 2012. Power generation in the April-July grew 3.9 per cent compared with an expansion of 5.5 per cent in same period last year.
Output of capital goods, a barometer of demand, grew by 15.6 per cent in July compared with a decline of 5.8 per cent in the same month a year earlier. During April-July, capital goods production grew 1.8 per cent compared with a production drop of 16.8 per cent in same period last year.
Meanwhile, the mining output declined 2.3 per cent in July, compared with a dip of 3.5 per cent. In April-July, the sector declined 4 per cent compared with a contraction of 2 per cent in the corresponding period.
Among the 22 industry groups in the manufacturing sector, 11 recorded positive growth in July.
Consumer goods output contracted 0.9 per cent in July, compared with expansion of 0.7 per cent in the same month last year. Production of these goods declined 2 per cent in April-July compared with growth of 3.1 per cent in the same period of 2012.
The decline in output of consumer durables stood at 9.3 per cent in July, from a growth of 0.8 per cent previously. The segment saw a 12 per cent decline in output in April-July compared with growth of 6.1 per cent.
Consumer non-durables output expanded 6.8 per cent in July against a contraction of 0.6 per cent a year earlier. The segment grew 6.8 per cent in April-July compared with growth of 0.6 per cent.
Growth in intermediate goods production was at 2.4 per cent in July as against 0.1 per cent a year ago. For April-July, the segment's expansion was 1.8 per cent compared with 0.6 per cent in the same period a year ago.
Basic goods output grew by 1.7 per cent in July from a growth of one per cent in July 2012. Production of these goods grew by 0.2 per cent in April-July compared with growth of 2.7 per cent a year earlier.
Source: EconomicTimes.com
Factory output measured in terms of the Index of Industrial Production (IIP) had contracted 0.1 per cent in July last year, as per the data released by Central Statistical Organisation today.
Meanwhile, IIP for June was revised upwards to a decline of 1.78 per cent from a provisional 2.2 per cent dip in production. It contracted by 2.8 per cent in May this year.
During April-July this year, factory output contraction remained flat at 0.2 per cent.
The manufacturing sector, which constitutes over 75 per cent of the index, grew by 3 per cent in July compared to zero growth in the month a year earlier. During April-July, the sector saw a decline of 0.2 per cent compared with a contraction of 0.6 per cent in the period last year.
Power generation increased by 5.2 per cent in July as against a growth of 2.8 per cent in same month in 2012. Power generation in the April-July grew 3.9 per cent compared with an expansion of 5.5 per cent in same period last year.
Output of capital goods, a barometer of demand, grew by 15.6 per cent in July compared with a decline of 5.8 per cent in the same month a year earlier. During April-July, capital goods production grew 1.8 per cent compared with a production drop of 16.8 per cent in same period last year.
Meanwhile, the mining output declined 2.3 per cent in July, compared with a dip of 3.5 per cent. In April-July, the sector declined 4 per cent compared with a contraction of 2 per cent in the corresponding period.
Among the 22 industry groups in the manufacturing sector, 11 recorded positive growth in July.
Consumer goods output contracted 0.9 per cent in July, compared with expansion of 0.7 per cent in the same month last year. Production of these goods declined 2 per cent in April-July compared with growth of 3.1 per cent in the same period of 2012.
The decline in output of consumer durables stood at 9.3 per cent in July, from a growth of 0.8 per cent previously. The segment saw a 12 per cent decline in output in April-July compared with growth of 6.1 per cent.
Consumer non-durables output expanded 6.8 per cent in July against a contraction of 0.6 per cent a year earlier. The segment grew 6.8 per cent in April-July compared with growth of 0.6 per cent.
Growth in intermediate goods production was at 2.4 per cent in July as against 0.1 per cent a year ago. For April-July, the segment's expansion was 1.8 per cent compared with 0.6 per cent in the same period a year ago.
Basic goods output grew by 1.7 per cent in July from a growth of one per cent in July 2012. Production of these goods grew by 0.2 per cent in April-July compared with growth of 2.7 per cent a year earlier.
Source: EconomicTimes.com
TRADING CALLS FOR 12 SEPTEMBER 2013
Buy RPOWER 80 CALL @ 0.75 FOR TARGET 2-2.5/- STOPLOSS 0.20.
BUY HINDALCO @ 115/- FOR TARGET 121-124/- STOPLOSS 112/-.
SELL TATASTEEL @ 315/- FOR TARGET 300-295. STOPLOSS 320.
GOODLUCK
Friday, June 21, 2013
TRADING CALLS FOR JUNE SERIES
BUY NMDC @ 105/- TARGET RS. 125-128 STOP LOSS 102/-
BUY DLF @ 178/- TARGET RS. 188-195/- STOP LOSS 173/-
GOOD LUCK
BUY DLF @ 178/- TARGET RS. 188-195/- STOP LOSS 173/-
GOOD LUCK
Subscribe to:
Posts (Atom)
