RESULT OF RELIANCE ON 17-04-2015

RESULT OF RELIANCE ON 17-04-2015

Positive result of  RELIANCE may take it above 970 tomorrow or let it fall till  820 if it turns negative as per expectations.

Speculation over Saudi Aramco and Reliance Industries oil deal
After mentoring 11 start-ups, Saudi Aramco and  Reliance Industries BSE 0.40 % have not yet concluded a term contract to import diesel and gasoline, three industry sources said, fanning market speculation that the long-standing annual deal may not be renewed. A deal has normally been signed by the first quarter, but negotiations have gone on longer at a time when Saudi Arabia has become less reliant on imports following refinery expansions. The term deal talks had stalled because the companies had not been able to agree a price yet, said the sources who were familiar with the negotiations. "Even if the Saudis don't import from Reliance, Reliance will be able to sell in the domestic market due to firm summer demand and low underlying crude oil prices.

RESISTANCE: 940, 950, 969

SUPPORT:  921, 912, 893

RESULTS IMPACT ON MARKET

IndusInd Bank falls by 1.6%

IndusInd Bank Q4 profit jumps 25%
IndusInd Bank matched street expectations on Thursday with the fourth quarter (January-March) net profit rising 25 percent year-on-year to Rs 495.3 crore. Asset quality of the bank improved too, during the quarter.

TCS FALLS BY 2.2%

TCS Q4 revenue seen flat at $3.94bn.Forecast the firm’s dollar revenue to grow 0.2 percent to USD 3940 million versus USD 3931 million in the previous quarter, while rupee revenue is seen declining 0.1 percent, from Rs 24,501 crore to Rs 24,456 crore. Operating profit (earnings before interest and taxes) is seen falling 1.2 percent to Rs 6,540 crore while net profit may fall 0.6 percent  to Rs 5,410 crore. The fall in profit may result in TCS’s EBIT margin come from 27.04 percent  to 26.74 percent.

MINDTREE FALLS BY 3.4%

Mindtree Q4 profit falls 8.4% to Rs 129 cr, $ revenue flat Mindtree's fourth quarter consolidated net profit declined 8.4 percent sequentially to Rs 129 crore that fell short of expectations on Thursday, impacted by forex loss. Profit was expected at Rs 134 crore for the quarter. Mindtree missed on operational front as operating profit dropped 5.3 percent to Rs 179 crore and margin declined 120 basis points to 19.5 percent in the quarter gone by. Those were expected at Rs 181.5 crore and 19.8 percent, respectively.
UPCOMING RESULTS ARE

WHAT IS STOCK SPLIT

WHAT IS STOCK SPLIT

Stock splits get many investors all excited, but in many ways they're really non-events. One reason companies split shares is so that the price will remain psychologically appealing. Reducing a stock's price makes some investors think  that it's a better value.

All publicly-traded companies have a set number of shares that are outstanding on the stock market. A stock split is a decision by the company's board of directors to increase the number of shares that are outstanding by issuing more shares to current shareholders.
A stock's price is also affected by a stock split. After a split, the stock price will be reduced since the number of shares outstanding has increased.
A stock split is usually done by companies that have seen their share price increase to levels that are either too high or are beyond the price levels of similar companies in their sector. The primary motive is to make shares seem more affordable to small investors even though the underlying value of the company has not changed.
A stock split can also result in a stock price increase following the decrease immediately after the split. Since many small investors think the stock is now more affordable and buy the stock, they end up boosting demand and drive up prices. Another reason for the price increase is that a stock split provides a signal to the market that the company's share price has been increasing and people assume this growth will continue in the future, and again, lift demand and prices.

For example, if Infosys shares were worth Rs. 40000 each, investors would need to purchase Rs. 4000000 in order to own 100 shares. If each share was worth Rs. 4000, investors would only need to pay Rs. 400000 to own 100 shares. Lower share prices allow retail investors to invest in the stocks. There is also a mental barrier that higher priced stocks will not increase as much as lower priced stocks.

LIST OF COMPANIES STOCK SPLIT IN 2015 

RULES FOR FUTURE TRADING

       1. Stay out of trouble, your first loss is your smallest loss. 

2. Analyze your losses.
3. Survive! In futures trading, the ones who stay around long enough to be there when those "Big Moves" come along are often successful. 

4. If you are just getting into the markets, be a small trader for at least a year, and then analyze your good trades and your bad ones.

5. A speculator should have enough excess margins in his account to provide staying power so that he can participate in big moves.

6.Take windfall profits (profits that have no sound reasons for occurring).

7.Periodically redefine the kind of capital you have in the markets.
8.Do not use the markets to feed your need for excitement.
9.Always use Stop Loss

10.Intraday trading should be done without any ego.
Flexibility and discipline are key for a successful trader.

11.Do not be afraid to be a sheep. Do not overtrade.
12. Take a position only when you know your profit goal and know when to stop if the market goes against you.
13. Use technical signals (charts) to maintain discipline - a vast majority of traders are not emotionally equipped to stay disciplined without some technical tools