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Showing posts from September 20, 2015

Weekly Market Outlook

Expected Nifty, Sensex may be headed Upper for the next Week  BSE Index (25863.50) :- It is improving from bottom of 24833.54. It shows towards oversold position on daily basis, towards neutral on week basis and towards oversold position on monthly basis. On upward movement, beyond 25960 it may go up to 26065 with resisting level at 26165 and then after to 26270, 26339 and 26472. On downward movement, below 25386 shows week position. All eyes on Bank Policy on Tuesday.  Nifty Future (7870.35) :- It shows rebounding effect from bottom of 7560.10. It shows towards oversold position on daily basis, towards neutral on week basis and towards oversold position on monthly basis. On upward movement, beyond 7905 it may go up to 7935, 7965, 8012, 8059, 8125. On downward movement, below 7805 it may go down to 7775, 7745 with last support at 7713.  Bank Nifty (17193.40) :- From bottom of 15793.05, it shows rebounding effect. It shows towards oversold position on daily basis, towards neutral

HNI Shots

NIIT Techno (Rs71.00) (Code: 500304) :-  The company with market cap of Rs2900 crore provides IT services in North America, Europe, Australian markets. The company provides application development, maintenance, enterprise solution like managed services and business process outsourcing. It has more than 200 clients and 9000 employees. In June quarter, the company's income increased from Rs331.64 crore to Rs361.73 crore, while profit increased from Rs44.82 crore to Rs72.27 crore with EPS of Rs11.84. the stock is being quoted at PE of 12 on estimated EPS. The stock may sky high in future. Atul   Polaris Consulting (Rs196.00) (Code: 532254) :-  IT software product company focuses on banking, insurance and financial services. The 25 year old company has more than 300 customers. In FY2014-15, the company implemented international restructuring and adopted product business demerger route. It witnessed net profit of Rs131 crore on turnover of Rs1678 crore with EPS of Rs13.10 in FY20

JK TYRE & INDUSTRIES LTD ( Not So Cheap Not So Costly )

JK TYRE & INDUSTRIES LTD Rs 102 Investors with a short-term horizon can Buy the stock of JK Tyre & Industries at current levels. After registering a new high at 162.9 in December 2014, the stock reversed direction. Since then, the stock has been on an intermediate-term downtrend. The presence of significant resistance at 130 kept the stock on check from further rally in early April. The stock subsequently, resumed its downtrend and has been on a short-term downtrend.  The relative strength index on the daily chart feature in the bearish zone. The daily price rate of change indicator hovers in the Positive territory implying Buying interest. The short-term outlook is Bullish. The stock can continue to trend downwards and reach the price target of 125 in the forthcoming sessions. Sell the stock with a stop-loss at 90 levels.

Todays Market Outlook

Expected Market Recover From Lower Levels Dont Make Short Position In Market For Intraday Buy Essar Oil aT 202 Target 206 To 210 Stock To Watch For Coming Days--Kesoram Ind , SKS Micro Fin,Hcc Expected Today Is Last Day Of Market Volatility From Next Month Market Move In long Term Bull Face

Sun Tv ( Expected Some Big Movement )

Buy Sun TV @ ~ Rs.357-360 for a target price of Rs.400. Timeline: 2 weeks. Keep stop loss below Rs.350

Tvs Electronics Cmp:105

TVS Electronics is a segment of TVS Group, India’s foremost and well recognized self-owned Business Group and the first company in Asia to win the prestigious Deming Award for Quality. TVS Electronics (TVS-E), headquartered in Chennai, INDIA (BSE:532513, NSE:TVSELECT) was founded in 1986 as an IT Peripherals manufacturer and has today transformed into a leading Transaction Automation IT Products & Solution provider. The TVS Group is India’s prominent supplier of automotive components with a whopping service term of over 100 years.TVS Group holds over 36 companies in diverse fields like: Automotive Component Manufacturing Vehicle Manufacturing Distribution and Logistics Finance and IT With over $6B revenue, TVS Group is one among the Top 5 family owned business groups of India. The mammoth workforce of TVS Groups involves more than 36,000 employees and 5000 engineers working round-the-globe. Originated in India, our group has its successful operation in coun