Monday, April 11, 2022

TRADING IDEA FOR TOMORROW 12 APR 2022

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Monday neatly ended the day down, mainly dragged down by it stocks ahead of tcs' fourth-quarter results. Stocks also fell amid negative signals from global equities. Technology stocks weighed the most on the bar, while banks outperformed on rising bond yields. At home, the sensex fell 482.61 points to end the day at 58,964, while the nifty fell 109 points to close at 17675. About 2072 shares rose, 1,393 fell, and 121 remained flat. Hcl technologies, infosys, l&t, wipro and sbi life insurance were the hardest hit stocks at nifty, while grasim industries, adani ports, jsw steel, upl and cipla rose. The nifty it index fell over 1% while mid-cap and small-cap indices ended the day slightly higher. Tcs will open earnings season for nifty companies.

We expect q4fy22 to be another strong quarter for indian it players in terms of growth despite high base as tier ii companies are likely to outperform tier i companies again. Margin headwinds are expected to increase as supply side pressures are further accentuated by high inflation in the us. The second largest indian company by market capitalization, growth is expected to be broad-based across all sectors. The company continues to see strong demand across technology segments, supported by strong customer demands related to cloud and digital transformation, data analytics, artificial intelligence, 5g rollouts for the internet of things and cyber security. Consolidated after-tax profit for tcs could rise 8% to rs.10,000 crore.

14500/- PROFIT BOOKED IN CASH INTRADAY CALLS

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 JSW STEEL CASH BOTH TARGET ACHIEVED @ 770/777 BUYING CALL GIVEN FROM 762 BOOKED PROFIT OF  5750

 SUNTECK CASH 1st TARGET ACHIEVED @ 494.50 BUYING CALL GIVEN FROM 488.50 BOOKED PROFIT OF 1500

RAYMOND CASH BOTH TARGET ACHIEVED @ 883/890 BUYING CALL GIVEN FROM 875 BOOKED PROFIT OF  5750

GUJRAT GAS 1st TARGET ACHIEVED @ 542.50 BUYING CALL GIVEN FROM 536.50 ABOVE BOOKED PROFIT OF 1500

TRADING TIPS FOR TODAY 11-04-22

 BUY RAYMOND ABOVE 875 TG 883/890 SL 866

BUY JSW STEEL ABOVE 762 TG 770/777 SL 753

BUY SUNTECK ABOVE 488.50 TG 494.50/500 SL 481.50

 BUY GUJRAT GAS ABOVE 536.50 TG 542.50/549 SL 529.50

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Saturday, April 9, 2022

A MUST-OWN STOCK WAS "HDFC BANK"

"BUY HDFCBANK ABOVE 1535 TARGET 1555/1565 STOPLOSS 1495"
If there was one factor that stole the limelight from everyone else in the domestic equity markets last week, it was the announcement of the merger between hdfc bank and hdfc. News of the merger between the housing finance heavyweight and India's largest bank by market cap catapulted stock markets, with the Sensex gaining over 1,000 points on Monday.

HDFC Bank is trading near several support areas, so there are high chances for the stock to resume its uptrend. After the recent correction, hdfc bank is hovering near the 61.8 percent retracement level of the entire rally which started at 1400-1700 RS. This support coincides with the gap area created on the merger news. Therefore, there is a high possibility that the stock could continue its uptrend. Therefore, short-term traders are advised to buy the stock in the range of Rs 1515 - Rs 1505 with a stop loss of Rs1450 for a potential upside target of Rs1625 in the coming 2 to 3 weeks.
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Friday, April 8, 2022

MARKETS VOLATILE AS RBI MAINTAINS 'ACCOMMODATIVE' STANCE

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Today stocks have shown negative momentum for the third straight session on Thursday. Today we see a market starting its day more wary of the RBI's crucial monetary policy. Traders can watch the market movement and then buy and sell in each script. We can expect movement in energy and telecom stocks; insurance stocks will also be in focus as IRDA wants to remove the minimum capital requirement for insurance companies to be competitive in the industry. The expectation is that the central bank will leave interest rates unchanged.
Indian defense stocks gain as government expands local sourcing. Bharat Dynamics was up 3.9%, Bharat Electronics was up 1.2%, Mishra Dhatu was up 4.2%, Garden Reach was up 0.4%, Hindustan Aeronautics was up 2%, Cochin Shipyard was up 1%, which provides the services only from can obtain from the domestic industry. The list includes naval helicopters, light tanks, small unmanned aerial vehicles, and anti-ship missiles, among others.

Thursday, April 7, 2022

TRADING IDEA FOR TOMORROW 08-04-22

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According our prediction the RBI may not increase rates on Friday.I just hope it does not come like energy prices that you just hold on for long and also you have aggressive increases. I just hope that does not be at the RBI, and it look at doing it gradationally starting from hereafterMoment Sensex finishes the day 575 points or one percent lower at & the nifty settles at 17639, down 168 points from its former close both extending earnings to the third day in a row. Heavyweights similar as the HDFC halves, TCS and Infosys the biggest drags on both caption needles.
TODAY’S HIGHLIGHTS
Today tata power, hdfc bank, hdfc , zee ent., ril ,yes bank,bel,icici bank, infosys & sbi were among the most traded stock in thursday's session.today nifty ended the session 168 points down at 17639, while sensex fell 575 points to 59034.in the nifty, axis bank ltd.up 2.38%, divi's laboratories ltd.up 1.40%, hindustan unilever ltd.up 1.06 %, dr. Reddy's laboratories ltd. Up 0.95% & icici bank ltd.up 0.94% stood among the top gainers. On the other hand, adani ports & special economic zone ltd.down 3.82%, titan company ltd.down 3.22%, hdfc down 2.89%, oil and natural gas corporation ltd. 2.29% down & power grid corporation of india ltd.2.24% down were among the top losers of the day.

Wednesday, April 6, 2022

16000/- PROFIT BOOKED IN INTRADAY CASH CALLS

                        GUJRAT GAS BOTH  TARGET ACHIEVED 529/535 BUYING CALL GIVEN FROM 523 BOOKED PROFIT OF  4500

 RAYMOND BOTH TARGET ACHIEVED 838/845 BUYING CALL GIVEN FROM 830
BOOKED PROFIT OF 5750

 JSW STEEL 1ST TARGET ACHIEVED @ 741/748 BUYING CALL GIVEN FROM 733
 BOOKED PROFIT OF  5750

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STOCK CASH CALL FOR 06-04-2022

 BUY GUJRAT GAS 500 SHARES ABOVE 523 TG 529/535 SL 516

BUY RAYMOND 500 SHARES ABOVE 830 TG 838/845 SL 821

BUY JSW STEEL 500 SHARES ABOVE 733 TG 741/748 SL 724