Tuesday, April 12, 2022

INFOSYS RESULTS AHEAD: WHAT TO DO BUY OR SELL ?

FOR BEST LIVE MARKET TRADING TIPS WHATSAPP ON 7772909587
On Tuesday, shares of Infosys fell in line with the competition ahead of the tech majors' quarterly earnings for the January-March quarter, due Wednesday. With the exception of TCS & HCL Tech, all tech stocks in the Nifty package traded in negative territory. Infosys shares are down more than 2 % on the day, trading at Rs.1,739.45 on the NSE at the time of writing, down 1.5 % from the previous close for the quarter ended tomorrow, March 31. March 2022, and a CNBC-TV18 survey of market analysts indicated a marginal increase in the company's revenue and earnings on a sequential basis. We follow the IT sector and expect Infosys revenue to increase by 3.1% to Rs.32,867 crore versus Rs.31,867 crore in the previous quarter. Corporate profit after tax is expected to rise 2.94 % to Rs.5980 crore from Rs.5809 crore in the December quarter
.
The Street expects earnings before interest and tax to come in at Rs.7,653 crore versus Rs.7,484 crore in the last quarter. According to the survey, the EBIT %age is likely to be 23.3 %, compared to 23.5 % previously. In dollar terms, we expect Infosys revenue to increase 2.7 % to $4,365 million from $4,250 million in the October-December quarter. While Infosys shares have been one of investor favorites, the stock posted earnings posting ahead of the gains. Technology company stocks have wiped out 6 % of investor wealth in the past five days and 8 % in a month. However, over the one-year period, the stock has returned more than 21 %, compared to the benchmark Nifty, which is up 22%.

We believe there will be an upside surprise from some IT companies in the coming quarters. The likelihood of this is relatively higher in the mid-range, but we are relatively more bullish on Infosys within Tier-I and within mid-tier Mphasis and Persistent Systems. Speaking of Infosys, a growth premium is visible for it and he would also pay attention to margin guidance. You have to see the growth premium; the growth premium of 100-200 basis points per second of Tier II or Mid-Tier IT over Tier I has increased to almost 10%. I think on a more sustainable basis 500-600 bps is something they can deliver. We expect Infosys to report 12-14% revenue growth guidance for FY23, similar to FY22. While Kotak and CLSA expect revenue guidance of 11-13%, consensus estimates actual revenue growth is 15-16%.

45600/- PROFIT BOOKED IN STOCK FUTURE CALLS

 UPL FUT ACHIEVED BOTH TARGET 812/816 BUYING CALL  GIVEN FROM 808
BOOKED PROFIT OF  15600

 HAVELLS FUT ACHIEVED BOTH TARGET 1278/1288 BUYING CALL GIVEN FROM 1268 BOOKED PROFIT OF 15000

 VOLTAS FUT ACHIEVED BOTH TARGET 1290/1300 BUYING CALL GIVEN FROM 1280 BOOKED PROFIT OF  15000

FOR BEST INTRADAY LIVE MARKET TRADING TIPS WHATSAPP ON 7772909587๐Ÿ“ฒ๐Ÿ“ž

INTRADAY TRADING TIPS FOR 12 APR 2022

BUY UPL 2 LOTS ABOVE 808 TG 812/816 SL 803

 BUY HAVELLS 2 LOTS ABOVE 1268 TG 1278/1288 SL 1256

BUY VOLTAS 2 LOTS ABOVE 1280 TG 1290/1300 SL 1268

Monday, April 11, 2022

TRADING IDEA FOR TOMORROW 12 APR 2022

FOR LIVE MARKET TRADING TIPS WHATSAPP ON 7772909587 ๐Ÿ“ฒ๐Ÿ“ž
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

  FOR MORE INTRADAY LIVE MARKET TRADING TIPS
WHATSAPP ON 7772909587

 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

FOR MORE INTRADAY LIVE MARKET TRADING TIPS WHATSAPP ON 7772909587๐Ÿ“ฒ๐Ÿ“ž

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.
FOR INTRADAY LIVE MARKET TRADING TIPS WHATSAPP ON 7772909587 ๐Ÿ“ฒ๐Ÿ“ž

Friday, April 8, 2022

MARKETS VOLATILE AS RBI MAINTAINS 'ACCOMMODATIVE' STANCE

FOR BEST INTRADAY LIVE MARKET TRADING TIPS WHATSAPP NOW    7772909587๐Ÿ“ž๐Ÿ“ฒ
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.