INTRADAY TIPS FOR 1-10-14 Buy BLUESTARCO 355-360 for 368-372-380 Buy NATCOPHARM 1440-1450 for 1460-1475-1500 Buy HITACHIHOM 635-645 for 652-660 ------------------------ Option Call for 01-10-2014 Buy Nifty 8100CE at 73 for targets of 89, 114 SL - 67 Buy Nifty 8000PE at 113 for targets of 138, 164 SL – 107 NIFTY Call for 01-10-2014 Buy Nifty Future at 8021 - 8055 - 8100 - 8155 SL - 8009 Sell Nifty Future at 7987 - 7955 - 7910 - 7850 SL – 8019 BANKNIFTY Buy BankNifty Future at 15536 - 15620 - 15750 - 15900 SL - 15516 Sell BankNifty Future @ 15459 - 15365 - 15250 - 15110 SL – 15536 INTRADAY TRADE Fut Or Cash Zeel: Buy at 316 for targets of 319, 325 SL 311 Lichsgfin: Buy at 326 for targets of 329, 336 SL 321 POSITIONAL TRADE APOLLOTYRE: Buy Fut at 204 for target of 215 SL 200 (2-3 Days): Buy at JPINFRATEC 22.8 for target of 24.7 SL 22.1 (1 Week Arvind Buy at300 Tgt 301.5,305 and 312 SL 297 Sell at 294.5 Tgt 291,285 and 280 SL 297 HDFC Buy At 1040 Tgt 1045,1055 and 1066 SL 1037 Sell At 1034 Tgt 1028,1023 and 1015 SL 1037 Any close above 1042 stock is heading towards 1076. Adani E
Any close above 480 stock is heading to 500/522. Buy above 475 Tgt 480,486 and 494 SL 472 Sell below 471 Tgt 466,457 and 451 SL 473 TOP 5 TIPS FOR THE DAY 7-10-14
GARWALLROP Buy at 169 Targets 172 175 178 Stoploss 165.75 Sell at 165.75 Targets 162.60 159.45 Stoploss169 EROSMEDIA Buy at 272.25 Targets 276.25 280.40 284.60 Stoploss 268 Sell at 268 Targets 264.15 260.15 256.10 Stoploss 272.25 ATUL AUTO Buy at 375.40 Targets 380 385 390 Stoploss 370.50 Sell at 370.50 Targets 365.95 361 356.45 Stoploss 375.35 MOTHER SUMI Buy at 400 Targets 405,409.85,414.90 Stoploss 395 Sell at 395 Targets 390.25 385.30 380.40 Stoploss 400 IFGLREFRAC Buy at 192.50 Targets 195.90, 199.40 ,202.95 Stoploss 189 Sell at 189 Targets 185.70 182.35 179 175.65 Stoploss 192.50 INTRADAY TRADE Stock Cash_Fut 29-9-14 Trading calls
Hindalco: Buy at 158 for targets of 160, 165 SL 154 Dlf: Buy At 163 for targets of 165, 168 SL 160 BANKNIFTY 29-9-14 Trading calls
Buy BankNifty Future at 15735 - 15810 - 15920 - 16050 SL - 15589 Sell BankNifty Future at 15579 - 15495 - 15380 - 15250 SL - 15621 NIFTY 29-9-14 Trading calls
Buy Nifty Future at 8038 - 8060 - 8100 - 8155 SL - 7977 Sell Nifty Future at 7978 - 7960 - 7915 - 7850 SL – 8005 Buy BLUESTARCO -AT 368-TGT 372-380
STOCK GO TO 376 Buy NATCOPHARM 1440-1450 for 1460-1475-1500 STOCK CLOSED AT-1524 Buy HITACHIHOM 635-645 for 652-660+ STOCK GO TO- 673 LEVEL; SIMPLE PERFOMANCE S&P CNX NIFTY CMP 7911.85 Near Term: Trend is down on charts whereas next support is expected around 7850.00, best trading strategy for traders would be sell on rise. Intraday trading Levels Buy Above: 7945 Resistance 7966 | 8000 | 8054 Sell Below: 7878 Support 7858 | 7824 | 7770 Weekly Levels 8177 Resistance 8212 | 8267 | 8357 Sell Below: 8066 Support 8031 | 7976 | 7886 HDFCBANK CMP 849.95 Near Term: Range bound on charts (865 - 842) trade above/below would add trigger in the direction. Intraday trading Levels Buy Above: 855 Resistance 859 | 864 | 873 Sell Below: 844 Support 841 | 835 | 826 Weekly Levels 866 Resistance 869 | 874 | 883 Sell Below: 855 TGT 852 – 846- 837 AXISBANK CMP 377.85 Near Term: Trend is down on charts whereas next support is expected around 345.00 best trading strategy would be sell on rise. Intraday trading Levels Buy Above: 383 Resistance 386 | 390 | 398 Sell Below: 373 Support 370 | 365 | 358 Weekly Levels 413 Resistance 416 | 421 | 429 Sell Below: 403 Support 400 | 395 | 387 ICICIBANK CMP 1465.30 Near Term: Trend is down on charts whereas next support is expected around 1420.00 Intraday trading Levels Buy Above: 1481 Resistance 1491 | 1507 | 1532 Sell Below: 1449 Support 1440 | 1424 | 1398 Weekly Levels 1585 Resistance 1593 | 1606 | 1627 Sell Below: 1559 Support 1551 | 1538 | 1517 KOTAKBANK CMP 1028.50 Near Term: Range bound on charts (1069 - 1018) trade above/below would add trigger in the direction. Intraday trading Levels Buy Above: 1036 Resistance 1041 | 1048 | 1060 Sell Below: 1021 Support 1016 | 1009 | 997 Weekly Levels 1075 Resistance 1083 | 1095 | 1114 Sell Below: 1052 Support 1044 | 1033 | 1013 YESBANK CMP 544 Near Term: Trend is down whereas next support on charts is expected around 532.00 & 475.00. Best trading strategy would be sell on rise. Intraday trading Levels Buy Above: 550 Resistance 554 | 560 | 570 Sell Below: 538 Support 534 | 528 | 518 Weekly Levels 595 Resistance 603 | 615 | 635 Sell Below: 570 Support 562 | 550 | 530 Latest Multibagger Recommendation Aashish Tater Latest Multibagger Recommendation Aashish Tater MULTI BAGGER: IFCI RECOMMENDED PRICE: 34.50 RECOMMENDED DATE: 24 Sep, 2014 CURRENT PRICE: 34.50 (0.00%) IFCI : A Short term opportunity and long term re rating candidate About IFCI: IFCI's activities includeproject financing, infrastructure development, underwriting & loan syndication, venture capital, stock broking & merchant banking, factoring, asset reconstruction, tourism finance, corporate and infrastructure advisory, technical consultancy and management education. Key Triggers IFCI management is focused on three areas of importance. Reducing cost of funds. Reducing risk and deleveraging the balance sheet and exiting non-core businesses. 1. Sale of Stake in NSE : Currently CEO & MD Malay Mukherjee has said stake sale of NSE will be completed by 30th September: IFCI passed resolution to sell 2.5% of its total 5.44% ownership in the bourses . In recent interview management hinted that stake sale will be completed by 30th of September this is going to see cash inflow of anywhere between 500-600 crores. 2. IFCI through its subsidiary Stock holding owns another 5% in the bourses. Thus if they eventually exit the entire holding 3. IFCI could get as much as over 2000 core alone from the stake sale 4. IFCI to partly exit Tourism Finance as per latest announcement 5. IFCI to sell stake in IFCI financial services 6. After this there is stake in MCX which we feel will also be sold eventually it owns approx 200 core of MCX shares Why there is protection on downside? Look at the investment holding value non quoted investments in the balance sheet of IFCI it gives lot of comfort. As per media report IFCI owns 12000 core worth of investments compared to 5800 core of market cap as per closing price of 34.5 and management will monetize partly of the investments thus taking pressure off the balance sheet. Apart from this it owns substantial land bank both industrial commercial. The strategy IFCI is working is simple. Reduce burden on balance sheet. Government will infuse capital in the company as per media reports when that happens the stock will see a lot of cash coming in over next 4-6 months both in terms of non core asset sale NPA recoveries and capital infusion. This all points out to one direction either the company will be merged with some other public entity if government do not infuse capital likes of IDFC LIC or else it will be working not as an NBFC but as a banking firm once fresh guidelines are issued. If you believe the Bull Run is set to start there could be few points here this could be the strategy that you should follow just like our old pick IOB. Small Investors can invest directly, Future and Option traders can work with a range of 32-45 over next 6 months. Combine the power of options the range If it spends anywhere between 39 avg over next 6 months aggregate return will be 25-30% plus and the news that are in store we feel one should definitely be biased on positive front. If stake sale accompanied by NPA recoveries and good profit growth due to lower cost of funds is reflected in the quarterly result of Sept 30th2014 one can extrapolate the full year EPS to be close to 4.5. This will be a game changer for the stock from valuation perspective. The worst is behind them and smart move can re-rate the stock though not significantly but who will complaint if the stock gives return of close to 25-30% by March 2015 by way of hedging and possible rerating if strategy augurs well Alert keep following things on checklist if you want to invest in IFCI: NSE stake sale news should come by 30th Sept Oct 6 -7 the stock should be re-rated. We expect the stock to give a technical breakout of 38.5 once the stake sale completion is announced. Last time stock ran close to 10-12% when they wanted to sell the stake. So on completion we expect that levels to be tested again. This gives you approximately 10-12% return expectation if our calculation goes well. After that small investors can put a stop loss as per risk appetite and option traders hedgers can use the strategy of selling call buying put depending on direction. We maintain target of close to 45 on the stock discounting it with a PE multiple of 10 times and considering adjusted PE of close to 6 times. Risks are always associated with stocks, we have cited the positives but lot is dependent on government policies and management outlook & performance. Also if the time deadline as talked by management does not result in outcome one has to exit the stock. We sense a short term trade and medium term investment opportunity on the stock. |
AuthorSure Shot Intraday Tips LATEST UPDATES
April 2015
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