Market wrap-up (29 July 2015):
Gujarat State Fertilizers and Chemicals (GSFC) net profit came down. The US central bank is more likely to keep interest rates at current levels in the meeting, but expectations are rising that a rate hike could come in September to December, 2015. Comex gold is trading in the range of USD 1099-1094; it is expected to head downwards if goes below USD 1094.
Indian markets are expected to trade with the volatility today as traders roll over positions in the futures and options (FnO) segment from the near month July 2015 series to August 2015 series. Nifty futures are expected to find support at 8320-8340 level. Indian stocks may remain volatile this week. US markets are up because of the good results posted by auto major Ford, UPS (United Parcel Service, worlds biggest parcel service provider). Asian markets are also trading on a higher note. Wipro went up as DSM, a global, science based company active in health, nutrition and materials, has selected Wipro as its strategic IT partner to provide Workplace Services. Gujarat State Fertilizers
Nifty ends above 8350 level amid range bound trades:
Market snapped four day losing streak, which took Sensex & Nifty above 27550 and 8350 levels, respectively amid range bound trade gains led by IT stocks, caution ahead of the expiry of July derivative contracts tomorrow and outcome of the two-day US Fed meet which ends later today
HEADLINES FOR THE DAY:
- Jet Airways gains as much as today on NSE on fuel price cut hopes.
- ITC shares dips as cigarette volumes may see biggest fall in quarter one.
- CNX PSU Bank Index falls nearly 2 percent and hits fresh low today.
- Glenmark Pharma falls 5% after Credit Suisse downgrades stock rating ahead of results.
- Alstom T&D gains more than 5% as company bagged new orders of Rs 80 crore.
KEY STOCKS FOR THE DAY:
- PVR shares Gains Company is planning to open 150 low cost screens across the country over the next two years for worth Rs. 40 crore.
- Pidilite Industry moved higher on NSE after the company said No price hikes for now.
- JSW Energy shares gain as company disposed off 26% stake in its subsidiary held in South African Coal Mining.
- Shares of Idea dips in an early trade after a block deal, the stock opened at 169.70 and made a low of 165.75 on the NSE.
- Amtek Auto reported that company’s shareholder gives nod for a fund raising plan through non convertible securities, stock dips.
- Adani Enterprises moved higher after the company said it is planning to raise up Rs 6000 crore to sustain rapid business growth through issuance of securities.
- VEDL reported robust quarter one number, profit up by 131 percent, which stood at Rs 375 crore against Rs 375 crore.
- ALBK Bank net up 30 percent for the Q1 @ Rs 147 crore against Rs 112.72 crore. NPA for the quarter improved at 3.67% against 3.88%.
- Dabur today reported net increased by 24 percent at Rs 261 crore on the back of strong operational performance.
- Yes Bank shares gains as bank meet street forecast as reported 28 percent jump in Q1 net profit stood at Rs 551.2 crore on the back of strong other income, operating profit and net interest income.
- Godrej Consumer Products hit fresh, high today on NSE after the company reported that profit for the quarter one up by 39% stood at Rs 199.2 crore.
- Castrol India shares zooms as net up 48.3%, which stood at Rs 184.5 crore.
Stock Tips & Calls For Next Trading Session:
- Bomdyeing EQ is trading near around its resistance, fresh buying could be seen as stock ends with a big bullish candle, Buy above 78.10 targets 78.90/79.70/80.50 SL 77.30.
- Fedderloyd EQ hits fresh high and consolidate for the whole trading session, Buying could be seen tomorrow, Buy above 111.30 targets 112.40/113.60/114.70 SL 110.
NEWS TO WATCH OUT:
- Watch out for the Quarterly numbers Bank of Baroda, Exide Industries, Colgate, Dr Reddy’s Lab, IDFC, ITC, IPCA Lab, Kotak Mahindra, NCC, NTPC, Oriental Bank, Petronet, STAR and Thomas Cook etc on Thursday i.e. on 30th July 2015.
Stock & Commodity Trading Tips:-
- If you approach in the Indian stock markets, with a free mind, stock investment can be a breeze.
- Keep your eyes always on the rate – stock volumes, resistances & support for market traders or dealer, not market investors.
- Place your money investments in the companies that have solid outlooks & prospects, with stocks, that are sensible in value – ensure they also provide their management enough reaction time.
- See, if a short term fall in the stock prices can be utilized as an opening for yet much more investment. Remember: forever keep in mind a whole company’s fundamentals & technicals.
- Always listen to the experts & professional. Seek out their blog & wisdom – the way of stock marketing perhaps new for you, but to them it is a well-traveled way.Read, listen and analyze: come to your possess conclusions about their advice and stock & Free Commodity Tips and tales of the experience. Just keep in mind not to blindly chase a select few – forever keep your eyes & your mind be open!
- Never follow ordinary “tips” given out by the brokers & large groups of further investors (also called herds). Several times we have looked Brokers or Large traders Group send BUY tips, so that they can leave from their acquire position. Be aware of such tips providing companies. Look & buy into good advisory companies such as Trifid Research when they are under the radar and then sell the scrip, when they have become well known and when other traders are buying – looking at a corporation quarterly results & balance sheets will help you in your judgment making. Even, if a company has a vertical fall in rates, there’s an opportunity that it just might rebound back healthier than ever.
- Think about investing a quarter of your all finances in the emerging shares as well as in contra-shares. For example, investors who put their money into certain sugar corporations (in 2007) received significantly more than their opening investment amount in the return, in just a 10 month period. Emerging shares or stocks will take around 3 to 5 years, but they can return more than quadruple the amount you originally invested with.
- Look out for the trading up of rates. If you look a trading positive in the market movement, it is advisable to give money for at that occasion. In order, to conquer the anticipate resistance, come into the purchase signals, which are the extra than present rates. On the further hand, if the market trading downward occurs, you must consider selling. Look for the selling opportunity. To break the expect support, you must do precisely that when the market trading up occurs, i.e. to leave in those sell dealing ding signals which are fine lower than the present prices.
- You must see for optional type objectives depending on whether, it is small or long. You must consider short for anticipating support & very long for next height resistance.
- You must always have a suspicious stop (SL) on your deals till it hits.
- Pay notice to some of the cases given below to ensure you know about the chances.
- The most excellent time to see for buying chance is when the performance of market changes from usual to bullish.
- When the performance is bullish you necessity hold suspicious stops for the long positions, which are underneath support level.
- You must let go of the extended position, if status moves to neutral.
- Start finding small positions, if the position changes to bullish to bearish. Bearish status is a good chance to find selling chances.
- With bearish position you must hold resistance on small positions with defensive stops.
- Let go of small position, when status moves to neutral.
- Find long positions, if status moves from bullish from bearish.
- Designate a few sorest points to put off your loss.
- Prior to create real life trading, traders are advised to walk for online share trading with Free NCDEX Tips. In this way a trader will identify the precautionary foot steps to conquer the losses.
- Don’t ever be agitated until done trading. Just have endurance and wait for the appropriate time. Generally, utmost traders think to buy & sell in the last moment of the marketplace. But this only shove you to have a loss. A dealer must have sufficient diligence to prior to vending or purchasing of the agreement. The trader must evaluate the whole benefits & anticipations in the pre planned time. Ideal timing for entry & exit criteria of the trading must forever be kept in the mind.
- Have manage on your emotions. The traders or investors are advised not to move their dealing pattern as long term money investment is beneficial.
- Investors should opt such plan for trading, which results in utmost returns. Also, traders should try to learn instruction from their earlier technique despite of the creating, it as an apology. This will build you to become an experienced or knowledgeable trader and developer of your individual beneficial trading method.
If you are attracted to register in the advisory firms, then you should go only for such association such as TRIFID RESEARCH, who offers standard, Online MCX Tips with 100 percent accuracy.
Moreover, don’t ever change your analyst just because of small losses, as you also make out market is of unstable nature. Anyone can simply predict the circumstances and no one is having correct knowledge of the market movements.