Value Research

Expected In Coming Days Bullish Trend Start In Market Expected Sensex Cross 29000 Before March 2016 Nifty Overview : On Friday, Nifty closed at 7874 levels. Last week, Nifty showed a positive momentum thus opening the next level till 8100. On downside, the major support is still at 7570 levels. However there is inter-mediate support at 7700 levels. A break below 7700 can drag nifty at lower levels. Bank Nifty Overview : On Friday,  Bank Nifty closed at 16845 . Last week, we suggested creating buy position above 16775 and it made a high of 16937. Now with positive weekly closing, bank nifty can go till levels of 17150. Bank Nifty would see lower levels below 16600/16400 i.e sell position can be created below 16600/16400 levels. ARSS Infrastructure Projects Ltd. (CM Rs 50.40) :- ARSS Infrastructure Projects Ltd., after making public issue of shares, was listed on the BSE in March, 2010, when it made a debut at Rs 640 and shot up to a high of Rs 1416.20 within a short time of ...

A stock market analyst from the south who recently visited all amusement parks of Wonderla Holidays to gause the effect of the abnormal rains in south India on the footfalls in the company’s amusement parks in Kochi, Hyderabad and Bangaluru has insisted that the adverse impact of the abnormal rains on the company’s financial performance will only be temporary and the numbers will be affected marginally  in the current year only. What is more the new amusement park which has come up at Hyderabad will start earning good from the next year. As a result, the financial performance of the company may be muted for the fiscal 2016 but quite encouraging from the next year onwards. Afterall, Wonderla is a strong brand in south India and offers valuefor- money entertainment option for the people in that part of the country. But for the rains, the company can bank on more and more consumers scounting for better week-end entertainment option.

NELCAST ( STOCK FOR SHORT TERM GAINS) Nelcast is one of India’s largest suppliers of ductile iron and grey iron castings ranging from 0.5 kg to 260 kg. Total capacity is 1.50 lakh tonnes. Parts required for various applications in automobiles such as engine, transmission, suspension, axle, brake and steering are manufactured. The tractor industry sources components for its requirement of various housings as well as engine, transmission and axle components. Other users include the railways and the pipe fittings industries. From catering to the commercial vehicle (CV) industry since 1985 and the tractor industry since 1988, there has been diversified into other industries to fulfill their casting needs. The products cater to the global automotive, tractor, construction, mining, railways and general engineering sectors. Customers include some of the leading global companies in these sectors. Clients include original equipment manufacturers Motors, Ashok Leyland, Tafe, Eicher Trac...

PRAKASH WOOLLEN & SYNTHETICS MILLS  (531437) (25.10) (Face Value Re.10)   Prakash Woollen & Synthetic Mills Limited produces and sells blankets and bed covers in India. It provides 2-ply mink, baby, fleece, mink, plain and embossed mink, and soft blankets; and comforters and comforter sets. The company was formerly known as Prakash Woollen Mills Limited and changed its name to Prakash Woollen & Synthetic Mills Limited in July 2015. Prakash Woollen & Synthetic Mills Limited was founded in 1973 and is headquartered in Moradabad, India.   It has an equity base of Rs.10.26crore. Promoters hold 62.88% stake in the company. It has recorded net sales of Rs.38crore and net profit of Rs.0.85crore in H1FY16. It’s 52 week high rate is Rs.48 & low rate is Rs.18.55. Something is looking in this stock & some punters are active in this stock.   Therefor risky Investors can buy this stock keeping strict stop loss of Rs.22. On the upper side stock will z...