|
GreatTips |
Will it work ? Are you sure ? Why not confirm it……… www.GreatTipsIndia.com |
|
By continuing to read or referring to material contained
in any of our services, you have read and agreed to the disclosure &
disclaimers mentioned & published at: www.GreatTipsIndia.com |
|
|
Earn Great Income from Share & Commodity trading with Highly
Accurate Intraday calls ------------------------- Equity – NSE Base ------------------------- Cash Intraday Calls Future Intraday Calls Limited Calls Delivery Calls ------------------------------- Commodity - MCX Base ------------------------------- Gold Silver Copper Nickel Crude |
|
|
DATE: |
|
|
WEEK AHEAD |
|
|
Updated: WEEK AHEAD Focus remains on 3rd quarter results Investors will closely watch
the next batch of Q3 December 2011 results, which is likely to dictate the
near-term trend on the bourses. On the macro front, data on industrial
production for January 2012 is due on WEEK 5200-5500 CRUCIAL SUPPORT 5260 &
RESISTANCE 5430 APPROACH Stock Specific approach STRATEGY One must not get too
excited. Exercise restraint MARKET TREND Could offer more upsides from a trading perspective MARKET OUTLOOK Tough to predict the
market’s direction in the short term FACTORS Q3 Nos., FII Flow, Global cues & State Elections IMPORTANT Time to book some profits in long positions but don't short |
|
|
Ř OUT-LOOK: Five winning weeks in a row have clearly stunned most
market players after last year’s disappointment. The Nifty has convincingly
crossed its 200-DMA and has also closed above it for the past four sessions.
The Sensex too has pierced the crucial technical barrier. The manner in which
the market has rallied has raised expectations of more gains. However, one
must not loose sight of the risks confronting the market – both domestic as
well as external. Things could get little trickier going forward as strong
money flow is driving the current ascent. The One also has to see if the ongoing FII inflows persist or
taper off. Although FY12 earnings have been discounted, any nasty surprise
from results may also dampen the mood. One should tread carefully at this
juncture, as the market could get pegged back again on any fresh bad news. Ř LAST WEEK: Indian Markets closed up
about 3.00% as compared to previous week closing. The market witness positive
outlook with Strong FIIs participation, Rupee
strengthens, positive data’s from US & Euro Zone Economy and good support
from the other global markets. Markets avoid some negative news of 2G Scam Case in which some telecom companies were on Hit list and
cancelled 122 licenses of RCom, Swan Telecom, Idea,
Videocon, Uninor, Ř WEEK AHEAD: IIP Data for the month of
December will due on Ř Q3 EARNINGS: The Q3 December 2011 results
announced so far have been mixed. The combined net profit of a total of 1,349
companies fell 2.3% to Rs 52223 crore
on 25.4% growth in sales to Rs 570526 crore in Q3 December 2011 over Q3 December 2010. Hindustan Unilever, National Aluminium company and India Cements unveils quarter
results on Ř GLOBAL EVENTS: Among key global events, the
Bureau of Labor Statistics in the In the European market, marketmen are eagerly awaiting outcome of negotiations
between Ř APPROACH: Did we miss the Bus? We think it's still at the early
stages. We have had only about a months worth of rally, only the last couple
of weeks have been on volume. We think there is still further to go. In terms
of emerging market, and also There is also monetary policy both from For Ř SENTIMENTS: There are a number of factors here, which are going to
affect sentiments. In the budget, it will be important for us to see the
deficit being brought under control. We think more indications from the RBI.
The monetary policy will be easier going forward is important. We also think
the election results are important as well. From a foreigner's stand point, the sort of flip-flop
policy on retail was a bit disappointing. The 2G announcement yesterday,
potentially, longer-term is good. We do need to see that happen though. So,
the results of the election are very important, particularly if we get a
reformist-type policy and clearly involved in that and the budget etc, will
be important as well. We have got data points in the short term, which will be
critical, for the market to go and rise further. Ř INFLOW: So, certainly they are taking the emerging markets and The foreigners would like to see more reforms coming
through, whether it is the teleco space, retail
space etc. If we see that, people will be more encouraged. We had some
positive comments from the Deputy Governor of the RBI this morning, talk
about rates possibly going lower from here. That adds to liquidity. We need to see some more noises both from the political
side and reform side and also from the RBI side. And if those comments are
positive and supportive, we think they are going to take the markets more
seriously for this year. Are FIIs reversing
their underweight stance on Ř MACRO: December exports up 6.7% to $25 billion, trade deficit
(exports-minus imports) for April-December soars to $133 billion, and seen
touching $160 billion by March. Core sector growth in December at a tepid 3.1%,
indicating that the recovery in the November index of industrial production
may have been an aberration. Finance ministry advisor Kaushik
Basu sees inflation for FY12 between 6.5-6.8%, says
economy is turning around. Rupee continues to rise against the dollar, hits three
month high of 48.68, driven by strong FII inflows, weakness in dollar
relative to other economies. Growth in household savings declines to 13.7% in 2010-11,
compared to 21% the previous fiscal, mainly due to high inflation. Purchasing Managers Index for manufacturing hits 7-month
high of 57.5 in January. Liquidity pressure persists despite cut in cash reserve
ratio, RBI resorts to open market operations to infuse liquity.
Ř POLICY: The Supreme Court on Friday cancelled 122 2G telecom licences issued after January 2008, saying that norms
were flouted while awarding them to companies. Uninor,
Loop DB Etisalat, Sistema
Shyam among worst affected. No clarity yet on
refund on licence fee. The spectrum available as a result of the cancellation of
the licences, will be auctioned, earning much needed revenues to the
cash-strapped government. Ř MICRO: Under pressure from power industry, Coal ICICI Bank's third quarter numbers better than market
expectations. But capital goods companies disappoint. Quarterly numbers from
BHEL, Crompton Greaves, Siemens and Thermax below market expectations. Tata Motors, Maruti and M&M report strong January sales, but
two-wheeler majors like Bajaj Auto, Hero and TVS
fail to impress. Gold loan firms Muthoot Finance
and Manappuram Finance report strong growth in
third quarter net profit. Carlyle sells part of its stake in HDFC, Warburg Pincus trims stake in Kotak Mahindra Bank. Core Education leads race to pick up Rakesh
Jhunjhunwala's stake in Aptech.
Jet Airways shares firm up as prices of aviation turbine
fuel cut by 3%. Ř GLOBAL AND DOMESTIC MARKETS: GLOBAL: Global markets rallied smartly despite no firm decision yet on US Data to watch next
week: MBA Mortgage Applications,
Durable Goods Orders, Initial Jobless Claims, Continuing Claims. DOMESTIC PERFORMANCE
OF SECTORAL INDICES: Data to watch next
week: Food Articles WPI YoY; Fuel Power Light YoY;
Primary Articles WPI YoY . OUTLOOK: From extreme pessimism in December, we are reaching a scenario
where we are seeing some optimism come back. Rupee appreciated to below 49 levels.Flows have been
phenomenal. Companies affected by currency are also making a comeback as the
notional losses may not become a reality. Hopes from government continue be
it in power, retailing, airlines, sugar, railways.PSU
companies have started announcing dividends and more are likely to do so
ahead of this fiscal to help govt. Disinvestment of ONGC, Gail also seems to
be on cards. While extreme pessimism was uncalled for, there does not seem to
be a reason to be overly optimistic as well. Global as well as local issues
continue and they still remain to be addressed. The market will ride on
liquidity surge and the rising tide will lift all boats. Liquidity is extremely
unpredictable and not very dependable either. Software, cement, power, pharma, PSU banks and retailing are some of the space
which could offer more upsides from a trading perspective. Ř MARKET SNAPSHOT: Nifty February Futures
closed at 5345.55 (premium of 19.7 points over the Nifty spot) Open interest Nifty FUTIDX
(Expiry 23 Feb 2012): 22.52 mn. Open interest BankNifty FUTIDX (Expiry 23 Feb 2012): 2.41 mn. India VIX for the week
ended at 23.69, up 2.67 from previous week’s close (21.02). In the week VIX
touched low of 20.68 and high of 24.49. Weekly Open Interest
Analysis (Nifty Option): Across all
expiries, open interest is highest at 5200, 5300, 5400 call options,
while open interest in the put options is highest at 4800, 4900, 5000 strike prices,
suggesting 4800-5400 to be the trading zone for Nifty index in short term. Sector Wise OI
Change: All the sectors witnessed
positive OI change with OIL&GAS, POWER and BANK leading the rally. Ř GLOBAL ECONOMY: German retail sales unexpectedly declined in December to 1.4% from November,
when they fell 1%. The decline in German unemployment may slow as companies
struggle to find workers for 1 million open jobs amid a shrinking population.
Ř INDIAN ECONOMY: Manufacturing
activity in the country grew at its
fastest pace in eight months in January on strong domestic and overseas
demand, buttressing a view gaining ground that Ř ECONOMIC CALENDER: 7-Feb: FY12 Annual GDP 7-Feb:Government Est JAN 7-Feb: 10-Feb: Industria Production YoY DEC US 8-Feb:Consumer Credit DEC 8-Feb:MBA Mortgage
Applications 3-Feb 9-Feb:Initial Jobless
Claims 4-Feb- 9-Feb:Continuing Claims
28-Jan 9-Feb:Bloomberg Consumer
Comfort 5-Feb 10-Feb:Trade Balance DEC 11-Feb:Monthly Budget
Statement JAN CONCLUSION: Last week Nifty shut on a
positive note @ 5326 and up by 121 points from the previous week's close.
Technically Nifty on weekly chart has formed bullish candle stick pattern,
which shows positive sentiment on weekly closing basis. Nifty spot week on
week has opened at 5163.55, made a low of 5076.70 and made a weekly high of
5335 and then finally closed positive at 5326. Oscillators like RSI is
showing positive crossover in weekly chart, which shows supports are good for
buying opportunity. Nifty closed above the 200 day moving average (5190)
indicating the short term trend could be turning positive. Short term stochastics are showing overbought territory and negative
sentiment till support levels at 5191-5145. The market setup is somewhat
positive with trading range between 5145-5400 on weekly basis.
The next area of resistance is around at 5390-5470 and supports are at
5190-5140. If Nifty trades below 5140, it may take supports at 5025. Weekly Nifty has
resistance at 5390-5470 and supports at 5190-5140. Weekly Sensex has
resistance at 17900-18100 and supports at 17150-16950. Weekly Bank Nifty has
resistance at 10350-10535 and supports at 9880-9700. |
|
|
THE WEEK THAT WAS |
|
|
THE WEEK THAT WAS Market extends rally for 5th week in a row The market jumped last week on
strong inflows from foreign institutional investors (FIIs).
Data released during trading hours on The BSE Sensex rose 370.98
points or 2.15% to 17,604.96 in the week ended The BSE Mid-Cap index rose
2.96% and the BSE Small-Cap index rose 3%. Both these indices outperformed
the Sensex. Foreign funds stepped up
buying of Indian stocks, with a net inflow of a massive Rs
1941.23 crore on The government on · MONDAY: Trading for the
week began on weak note. Weakness in global equity markets pulled Indian
stocks lower on · TUESDAY: Key benchmark
indices surged on · WEDNESDAY: Strong cues from
European market aided rally in Indian stocks on · THURSDAY: Key benchmark
indices edged higher for the third consecutive trading session on · FRIDAY: Key benchmark
indices gained for the fourth consecutive trading session to hit highest
closing level in 13-1/2 weeks on Among the 30 Sensex shares, 25
rose and the rest declined. MEMORIES OF THE WEEK Ř TOP STORIES: ·
SC
scraps 2G licenses issued by A Raja ·
SC
asks trial court to decide on probe vs. Chidambaram · Govt
to examine SC verdict on 2G case: FM ·
SC
ruling in 2G case may affect 10k jobs ·
ASSOCHAM
reacts to SC ruling on 2G scam ·
SBI
not worried about exposure to new '2G' licences · Uninor
'shocked' at SC scrapping 2G licences ·
Idea
Cellular's statement on SC judgement
·
Central
banks discuss New Trilemma at RBI conference ·
Govt
notifies change in tariff values of gold, silver Ř DOMESTIC NEWS: · Rupee
at 3-month high...Up for 5th week in a row ·
Govt
scales down FY11 GDP growth to 8.4% ·
Weekly
inflation data discontinued from today: Govt ·
Fiscal
deficit reaches 92.3% of FY12 goal ·
Infrastructure
sector growth slows again in December · · MGNREGA 2.0 will be unveiled by next month: Jairam Ramesh ·
FM
holds pre-budget meeting with leading economists ·
ASSOCHAM
calls for removal of import duty on iron ore · SBI needs US$3bn annually to meet loan demand ·
Coal
·
Allahabad
HC dismisses Indian Oil's writ petition · Air · Infosys announces leadership transition ·
RIL
asked to withdraw arbitration notice by OilMin ·
Carlyle
sells stake in HDFC...Stock falls Ř GLOBAL NEWS: ·
Facebook
to raise US$5bn in IPO ·
·
·
Eurozone
manufacturing contraction eases in January ·
·
Global
passenger demand up 5.9% in 2011: IATA ·
Xstrata
confirms merger talks with Glencore ·
Sony
names Kazuo Hirai new CEO; Stringer to be Chairman ·
ABB
to acquire Thomas & Betts for US$3.9bn Have a Great & Profitable Week Ahead… |
|
|
Simply Reply DISCONTINUE at |
|
|
FREE …. FREE …. FREE….
FREE …. FREE …. FREE….
FREE …. FREE …. FREE…. |
|
|
JOIN OUR FREE GROUP &
STAY UPDATED WITH OUR VIEWS & CALLS REGULARLY – JUST FREE |
|
|
Type “ JOIN” in subject
& send mail to : greattipsindia-subscribe@yahoogroups.co.in |
|
|
Have A Great & Profitable Day Ahead & Always…. |
|
|
WEEKLY PERFORMANCE |
|
PACKAGE: “CASH-INTRA” – WEEKLY: |
|
DATE |
SCRIPT |
TYPE |
RECOM |
S.L. |
TGTS |
RESULT |
PRO/LOSS |
|
|
ASTRAZEN |
BUY |
1615 |
1595 |
1630-50 |
TGT ACHD |
35.00 |
|
|
SBIN |
SELL |
2050 |
2065 |
2030-0 |
TGT ACHD |
40.00 |
|
|
BLUEDART |
BTST |
1680 |
1650 |
1725-75 |
BOOKED PROFIT AT 1610 |
30.00 |
|
|
PNB |
BUY |
977 |
970 |
990-1000 |
SL CLICKED |
-7.00 |
|
|
GRUH |
BUY |
610 |
600 |
625-40 |
SL CLICKED |
-10.00 |
|
|
BAJAJFINANCE |
BUY |
785 |
775 |
800-20 |
SL CLICKED |
-10.00 |
|
|
GILLETTE |
BUY |
1900 |
1880 |
1935-75 |
BOOKED PROFIT AT 1915 |
15.00 |
|
|
GODFRYPHILP |
BUY |
2890 |
2850 |
3050-3250 |
TGT ACHD |
360.00 |
|
|
PGHH |
BTST |
1810 |
1780 |
1850-1900 |
TGT ACHD,BOOKED PROFIT AT 1860 |
50.00 |
|
|
GILLETTE |
BTST |
1910 |
1880 |
1950-2000 |
TGT ACHD |
40.00 |
|
|
HAVELLS |
BUY |
492 |
485 |
500-10 |
BOOKED PROFIT AT 496 |
4.00 |
|
|
SBIN |
SELL |
2045 |
2060 |
2030-15 |
SL CLICKED |
-15.00 |
|
|
DRREDDY |
BTST |
1605 |
1575 |
1650-1700 |
TGT ACHD,BOOKED PROFIT AT 1660 |
55.00 |
|
|
CONCOR |
BUY |
937 |
925 |
960-90 |
BOOKED PROFIT AT 950 |
13.00 |
|
|
BAJAFINSV |
BUY |
493 |
485 |
505-515 |
TGT ACHD |
12.00 |
|
|
NET PROFIT / PER SHARE [Rs.] - FOR THE WEEK |
612.00 |
|||||
|
|
TAKING 100 SHARES AS A BASE
NET PROFIT FOR THE WEEK IS Rs. |
61200.00 |
|||||
|
PACKAGE: “FUTURE-INTRA” – WEEKLY: |
|
DATE |
SCRIPT |
TYPE |
RECOM |
S.L. |
TGT |
RESULT |
Profit/Loss |
|
|
LICHSGFIN |
BUY |
247 |
242 |
253-60 |
TGT ACHD |
13000.00 |
|
|
TVSMOTOR |
BTST |
50.5 |
49 |
53-54 |
BOOKED PROFIT AT 51.50 |
4000.00 |
|
|
TITANIND |
BUY |
205 |
202 |
210-15 |
BOOKED PROFIT AT 206 |
1000.00 |
|
|
UNIONBANK |
BUY |
224 |
221 |
229-34 |
BOOKED PROFIT AT 227 |
3000.00 |
|
|
JPASSOCIAT |
BUY |
69 |
68 |
71-73 |
TGT ACHD |
16000.00 |
|
|
TATAMOTORS |
SELL |
247 |
250 |
242-37 |
SL CLICKED |
6000.00 |
|
|
TATAPOWER |
BUY |
107 |
105 |
110-13 |
TGT ACHD |
12000.00 |
|
|
HINDALCO |
BUY |
146 |
144 |
150-153 |
TGT ACHD |
8000.00 |
|
|
AMBUJACEM |
BUY |
168 |
166 |
171-74 |
BOOKED PROFIT AT 169 |
2000.00 |
|
|
BHEL |
BUY |
262 |
259 |
267-72 |
TGT ACHD |
5000.00 |
|
|
WELCORP |
BUY |
123 |
121 |
127-30 |
SL CLICKED |
-4000.00 |
|
|
SINTEX |
BUY |
90 |
89 |
92-93 |
BOOKED PROFIT AT 91.20 |
2400.00 |
|
|
BHARTIARTL |
C/O BUY |
387 |
382 |
393-400 |
TGT ACHD |
6000.00 |
|
|
TATASTEEL |
BUY |
478 |
473 |
485-90 |
EXIT AT 474 |
-2000.00 |
|
|
NEYVELLIG |
BUY |
97 |
95 |
100-102 |
BOOKED PROFIT AT 98.50 |
6000.00 |
|
|
GODIND |
BUY |
214 |
211 |
217-20 |
EXIT AT 213 |
-1000.00 |
|
|
PFC-FUT |
BUY |
179 |
177 |
182-85 |
BOOKED PROFIT AT 180 |
2000.00 |
|
|
NET PROFIT / PER |
79400.00 |
|||||
|
“ PACKAGE & SUBSCRIPTION DETAILS “ |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||