Friday, November 29, 2013

Power Grid FPO 2013 : Price Band 85-90

Power Grid IPO FRO 2013
Power Grid Corporation is planning to introduce FPO in the market. The price band of Rs. 85-90 per share has been fixed for the launch of Power Grid's FPO. The FPO will open on 3rd December and will closing date for it is 6th December 2013. The FPO will remain close on 5th December for the Institutional Investors and will remain open on next day 6th December for the retail investors and employees. This launch of FPO will be of 17% equity which will constitute the 13% of new equity shares while 4% of the Government's equity will be invested in this launch. At present the Government has the 69.42% holdings in the Power Grid which will come down to 57.89% after the launch of this FPO. Government has planned to raise Rs 7,500 crore from this launch. From this launch of issues company will receive total amount of Rs 1,800 crore.

The Indian stock market is gearing up for the launch of this FPO. Since a long time market had been waiting for a appropriate public issue which is going to start on 3rd December. On the application of Rs 1,00,000 you may get the premium of 2,500-2,600 in the gray market on the FPO of Power Grid. 
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Short Term Trend of Gold in India on MCX

Gold Trend in India - Short & Long Term View
The Commodity that actually rules the world is now in the situation of dilemma. On the annual scale basis first time in the last 13 years of the history the gold has fallen down to such key levels. Although this fall is only in the global commodity market. If we measure the market experts point of view for the trend of gold they all are clear on one point that if the Indian rupee gets stronger against the Dollar, the gold may come down to 27,000 till the December 2013 this year. 

In the month of November gold has witnessed a movements of around 5%. After the month of June this month has witnessed a major fall in the prices of yellow metal. In the year 2013 Gold has seen a down of more than 25% around. Although this fall is majorly in the international commodity market. In the domestic market the gold is still trading above the level of Rs. 30,000 but appreciation in the Rupee at any point of time in the short term may drag the gold prices down.

The fundamentals of gold are extremely weak. There is sudden decline in the demand for the gold world wide except China. A Increase in the import duty also impacted the demand for the gold and it's import in India.Investors are taking out their money from gold ETF investment. Actually there is fear among the foreign investors that any cut down in the Q3 will lead to strengthening of Dollar which in turn will lead to the fall of gold prices.

Gold Trend in India is expected to remain on bullish side ahead of the wedding seasonal demand. Whether it is India or US one thing we all need to admit is that the volume of gold trading has been reduced by more than 50%. Gold may come down in the last December around Christmas and New Year 2014.       
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Thursday, November 28, 2013

Market Outlook & Trading Tips for Short Term

Market Trend News & Latest Updates December
December Series of futures started it's operations by opening on the higher note. It is expected to grow aggressively in short term. There are number of triggers yet to come ahead of December Futures Delivery. GDP growth figures for the second quarter of fiscal year 2014 are scheduled to be released today. Along with it the deficit figures for the last month October are to be announced today. Market traders are suggested to keep eyes on 5th December 2013 because on this day the ECB (European Central Bank) will take the ultimate decision on the interest rates while on other hand GDP figures of U.S. for the third quarter will be released. U.S. unemployment figures for the month of November 2013 will come out on 6th December. Domestic market may still remain volatile till 8th December since the election results of 5 states of India (Delhi, Madhya Pradesh, Rajasthan, Chattisgarh, Mizoram) will be declared on 8th December 2013. Market is expecting BJP to form Government in the 3 states out of 5. Market results may impact the Indian markets up to 10% up or down.

Important Events of December 2013   
  • Election Results of 5 States on 8th December 2013
  • US  Unemployment Data 
  • ECB Meeting on to decide the Interest Rates 
Expert Advice For Short Term Stock Trading
  • Buy BHEL with a stop loss of Rs 146 for target of Rs 166. 
  • Buy JSW Steel with stop loss of Rs 875 for target of Rs 965.
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Live Commodity Market Latest Updates : MCX NCDEX

MCX NCDEX Commodity Market Live Updates
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In today's commodity market trading session the Mentha Oil witnessed a sudden decline in the prices on MCX India. Mentha Oil felled more than 1 percent in it's live trading session. November Futures has it's expiry this week. Following the foot prints of November Futures, December Delivery is trading at the same prices. If we compare the mentha oil prices from last year it is trading with more than 30% of fall. Last year in November the commodity's prices were around 1300, but as of now we are not expecting this level to come up in next upcoming days. Mentha Oil is trading at the live price of 854.

MCX Bullion Market Updates: MCX Gold has been trading on the bearish to sideways trend today. Following the trend of gold in the global commodity market, gold in the domestic market is also trading flat. Gold in the international commodity market is trading at around $1,241 an ounce, which is it's lowest in the last 4 months. Betterment in US employment conditions drag the gold prices down today. That's why a selling pressure is being seen in the gold prices. Same is the trend of Silver on MCX which is trading at around 44070 with a marginal fall of 0.25%.    
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Wednesday, November 27, 2013

Sensex Nifty Ends Flat Today Ahead of F&O Expiry

Top Nifty Gainers Losers Today
Thursday will be the day of expiry of November Future series. Share Bazaar got pressurized and both the Indian index traded flat today and closed with the marginal falls from their respective previous closes. The Market trend was volatile during the each trading session today. Market was like moving in between red and green signals today. Power and Real Estate shares put the most pressure on the domestic market today. Finally after the lot of ups and downs the 30-share BSE Index Sensex dropped 5 points to close at 20,420 and the 50-share NSE Nifty index fell 2 points to close at 6057. In the tomorrow's trading session the Nifty may witness marginal losses and the market can remain flat. The Nifty can take the support level in between 6032-6012 while resistance is expected in between 6096-6115.

NSE Nifty Top Gainers :  Tata Motors, BPCL, Grasim Ind, ITC, Coal India
BSE Sensex Top Gainers: Tata Motors, ITC, ONGC, Coal India, Dr Reddys Labs
BSE Sensex Top Losers : Bharti Airtel, NTPC, SBI, Sesa Sterlite, Wipro
NSE Nifty Top Losers : JP Associates, Power Grid Corp, Bharti Airtel, NTPC, DLF

Stocks To Watch Tomorrow: Cairn India, Power Shares, Consumer Durable, IT Stocks Like TCS and Infosys, Future Retail, ITC Limited, Coal India, BPCL, HPCL. 



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MCX Crude Oil Trend Today & Free MCX Tips

MCX Crude Oil Tips Trend Today
MCX Crude oil trend on the intraday mcx chart is bearish to sideways for the whole day. EIA Data is scheduled to be released today at around 9 P.M. and 10:30 P.M. according to the Indian standard time which may further impact the crude oil prices in the evening. U.S. crude oil reserve has been increased by around 70 million barrels due to which the NYMEX crude oil slipped. Appreciation in the Indian Rupee against the US dollar influenced the crude oil traders to short the holding positions in the current trading session. Fundamentally Tracking and following the global commodity market trend crude oil in the domestic market may also fall. If we see technically crude oil is expected to take support at around 5840 below which it may further fall up to 5805-5770. On other hand resistance is seen at 5900 level.

Expert Advice for Crude Oil Intraday Traders: Intraday Traders are advised to take a short position in Crude Oil today at around 5860 for the target of 5830-5800 with stop loss at around 5880. Traders are also suggested to trade with strict support and resistance level. 
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Tuesday, November 26, 2013

Cairn India Approved the Buyback of Shares

Cairn India Stocks will be in focus in today's market trading session.  The company's board has approved the buyback of shares up to Rs 5725 crore in a discussion held yesterday. Company will buy back it's shares up to the rate of Rs 335 per share. Cairn India's buyback will begin in January 2014. Cairn India's board has approved the buy back of 8.9 percent shares. Company has around the cash of Rs. 300 Crore.After the buyback of shares Vedanta Group's stake will increase to 64.53 percent from 58.76 percent. According to Market Experts the market may dislike the buyback plan of the Company. The script may move down today. Although if the crude oil prices show the corrections in the prices the script may not move down. Market may open flat today while Nifty is expected to trade volatile during the day ahead of it's expiry.

Intraday Tips For Trading: Sell Cairn India from CMP of Rs. 323 for the intraday target of Rs. 312 with stop loss at around 326.
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MCX Base Metals Trend Today : Copper Trading Tips

Copper has the sideways to consolidate trend today on Multi commodity Exchange of India. Copper prices are trading down on flat note right from today's morning commodity trading session. Copper may follow the strong resistance level at around 446.50 above which the prices can further move upside to touch 448 level while the support level is seen at around 441.20 below which the prices can be dragged down till 438 level. Buyers may initiate the long position in the copper. Although the base metals are trading flat this hour. Later evening commodity trading session may show some corrections in the prices. MCX aluminum, lead, nickel are trading with 0.5 to 0.2 percent increase in the prices. U.S. sales figures drag the base metals prices down today.

MCX Commodity Trading Tips for Today  

  • Buy MCX Gold (December Delivery) in between 30,100-30,150 with Stop loss at 29980 for the Target 30400.
  • Buy MCX Silver (December Delivery) in between 44,500-44,600 with Stop loss at 44200 for the  Target 45300.
  • Buy MCX Copper (Nov Delivery) in between 442-443 with keeping Stop loss at 439 for the Target 449.
  • Buy MCX Zinc (November Delivery) in between 116.50-116.80 with Stop loss at 115.80 for the target 118.



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Stock Market News & Updates Today


Both Indian Share Market Index closed on the red note today. BSE Sensex ended today's session 180 points lower at 20,425 while NSE Nifty closed at 6,059 down 56 points from it's previous close. Crude Oil recovered from it's yesterday's bearish trend. Due to Mixed asian cues and weakened Rupee markets opened on the flat side. Sensex fell by more than 70 points in early trading while Nifty started trading below key support level of 6100. Markets witnessed the selling pressure despite the strengthening Rupee. Midcap and smallcap shares fell on a marginal basis. In the Final and last trading session of the day market slipped due to the selling of banking, oil and gas and FMCG shares.

Market Highlights of the Day
  • Oil Shares like BPCL, HPCL and IOC went up due to the corrections in the crude oil prices.
  • Cairn India is all set to have a discussion in a meeting on the issue of buy back of shares due to which the script moved down around 2.5%.
  • Bank of Baroda, NMDC, ICICI Bank, Bharti Airtel, Coal India, Asian Paints, ITC, IDFC, UltraTech Cement moved down 4-2 percent.
  • Biocon says: Cancer drug Trastuzumab to be available in India in January-March; DCGI gives approval to sell drug.
  • Essar Power: Gets nod to set up a 1,200 MW plant at cost of Rs 9,400 crore in Jharkhand.


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Monday, November 25, 2013

Best Indian Stock to Buy for Long Term


The Indian Stock Market is moving fine with the upward movement. The number of gainers in the market are rising at a rapid rate as compared to losers. Till now we have seen that the large cap stocks have always performed well in the past and hence had given best returns to the investors. but now according to market analysts and experts the time has come for the midcap shares where one may get good returns. Midcap funds are much more better than that of the midcap shares. Try to invest in the midcap stock company's who has less debt, cash rich , robust and good valuations. 

Best Midcap Shares to Pick for Long Term

Tata Global Beverages: Evaluating the current global warming conditions the global production of the Tea is expected to move down while the consumption is being expected to move up. Increased demand for tea in the domestic market could benefit the script. One may pick this script for the long term time period of 12-14 months for the Target of Rs. 210.

Tech Mahindra: After the Merge together Tech Mahindra and Mahindra Satyam have evolved as a good company. Global Business of the Company is growing rapidly and constantly. One may invest in the script at the current market levels or after a small decline in the prices. In next one year the script may touch the Target of Rs. 1850.

Sun TV: Sun TV is the leading TV network in the South India. TV Network media will be used heavily in the upcoming elections in the south India. Revenues will increase significantly from the political advertising and campaigns. In next one year the script may touch 445 level.

IRB Infra: The script has witnessed the enough downward movement. Now on wards there will not be any downside trend in the stock according to market situations. The company may get some new infrastructure projects in the upcoming time. which may accelerate the overall performance of the company  In the next 12-15 months it may witness the Rs. 145 level. 
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NSE Nifty Trend Today

Indian Stock Market Indices are expected to remain volatile ahead of the Expiry according to the market experts. If we see any corrections in the nifty index around 6040-6050 level then one may initiate the long position in the market else traders may also long the position to assume the 6025-6050 level range as the stop loss for it. For the intraday Nifty is expected to take the support level around 6050 level while we can see the resistance level in between 6150-6163.

Asian Stock markets including the Indian index are expected to open on the flat to negative note today. Banking sector stocks may show a downward trend during the today's trading session. 


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Share Market Nifty Intraday Trading Tips for Tomorrow


The Day was awesome today for the traders, brokers and investors all around the globe as almost all the world market indices were trading in the green. Indian Share Market Index BSE Sensex & NSE Nifty 50 closed on the up note today. 30 Shares Index Sensex ends the day 387 points up at 20,605 from it's previous close while Nifty 50 shuts 119 points higher at 6,115. Indian Currency Rupee also strengthened against the dollar.

Top Sensex Gainers: BHEL, ICICI Bank, Larsen, ONGC, SBI
Top Sensex Losers: Infosys, NTPC, Dr Reddys Labs
Top Nifty Gainers: ICICI Bank, BHEL, BPCL, UltraTechCement, Kotak Mahindra
Top Nifty Losers: Infosys, NTPC, Hindalco, Lupin

Market Highlights of the Day:

  • NTPC to buy 2x800 MW turbine generator for Darlipalli unit.
  • Valecha Engineering bags Rs 176 crore  project in Himachal Pradesh in the hydro power tunneling segment.
  • Dabur India board approves increasing its FII limit to 30%. 
  • Axis Bank to replace Jindal Steel on BSE Sensex from December 23.
  • Financial Technologies likely to put warehousing arm up for sale. 

Intraday NSE Trading Tips for Tomorrow 26 November 2013

  • Buy Kirloskar Oil above 159 for the day Target of Rs. 164 with Stop loss at 156.
  • Buy Axis Bank above 1122 for the intraday Target of Rs. 1139 with stop loss at 1110.
  • Buy Yes Bank above 352 for the Target of Rs. 357 with Stop Loss at around 348. 

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Sunday, November 24, 2013

Gold Trend Today on MCX is Bearish

MCX Gold Trend Today: Gold on Multi Commodity Exchange of India is expected to open on the negative note today. For the whole day on Monday the mcx gold may follow the global commodity market trend specially that of U.S. In the global commodity market trend the gold on Comex is continuously moving downward. From the short term perspective also the experts are expecting a downward trend in the gold. December futures of MCX gold  is expected to find support at 29600 and 29450 levels while resistance is seen at 30000 and 30300 levels for today, according to Research analyst at indian-stock-commodiy-tips.blogspot.in.

Free MCX Trading Tips for Today: Intra day traders are advised to take sell position today below 29700 for the intraday target of Rs. 29550 with keeping stop loss at around 29760.
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