Wednesday, June 29, 2016

Cabinet to consider mineral exploration policy

Cabinet to consider mineral exploration policy 

Asian markets are trading higher tracking cues from Wall Street overnight. Indian indices are expected to open higher and focus will be on global cues for further direction. 

The U.S. markets ended higher amid gains in oil prices and as stocks recovered post a selloff seen in the past few sessions, while data showing that U S economy grew at 1.1% annualized in the first quarter ( as compared to 0.8% last month) boosted investor sentiments . The Dow Jones gained 269 points or 1.57% to close at 17,410 while NASDAQ gained 97 points or 2.12% to close at 4,692. 

Nikkei is trading higher by 1.25% while Hang Seng is trading higher by 0.87%. Sgx Nifty is trading higher by 0.28%.

Source : AxisDirect

Saturday, June 25, 2016

Rajan comment on Brexit

RBI always ready to act when markets misbehave, says Gov. Rajan
 24th Jun, 2016, | Source: CNBC-TV18
  • Brexit reflects the mood of a people who are tired of engaging with the world and with immigrants. Brexit reflects the mood of a people who are tired of engaging with the world and with immigrants. All of us had sneakily suspected that the UK opinion polls didn't reflect the true intent. Hopefully, saner minds will prevail as we look back on this episode and people see the costs of leaving.

  • UK does face an uphill task in managing its current account deficit. If the UK doesn't want inflation perking up, the Bank of England will have to tighten its monetary policy. I do not see more breakaways from the EU happening.

  • The European Union will figure out ways to get over the Brexit, he said. Central banks the world over have played a role in calming markets. The euro has been depreciating and dollar strengthening. In general, this is not good news for economic growth.

  • Brexit does sound a warning bell about the kind of anger that people have against the system but there is no one-to-one correspondence to what happened in the UK & the US Presidential elections.

  • The Reserve Bank is watching all the markets; it is ready to act when there is disorderly conduct/behaviour of the market. The bond markets, currency and money markets are the most important markets for India that are under watch. 

Friday, June 17, 2016

Global Economy, Markets & Sector

Foundation for emerging markets' outperformance laid
Manishi Raychaudhuri , MD, Asian Equity Strategist, HoR, BNP Paribas
16th June, 2016 | Source: CNBC-TV18, AxisDirect

On Brexit & current market scenario : I wouldn’t directly comment on Brexit but in general you would notice that in this period over last week and over the next coming one or two weeks there are quite a few of these highly volatility inducing events that have come together. These periods are always a bit of an uncertain period for equity market. As we know equity market hate uncertainty so once these hurdles are behind us then I think clearer picture would begin to emerge.
There are several sectors which are potentially at earnings inflection points where after almost about one and a half to two years of earnings decline they are gradually beginning to recover over last two to three months. I would think that once this period of uncertainty is behind us then again investors would begin to look at fundamentals. The fundamentals today are possibly slightly better than what we had seen previously.
When we have a global volatility inducing events coming together then I don’t think any market would be absolutely resilient. Typically, in times like these there is a degree of safe haven migration that tends to happen. Assets tend to float towards the relatively less risky asset classes like US dollar or may be gold and bullion and so on. This volatility would obviously impact pretty much all asset classes and included within that would be emerging market equities and also Indian equities. I don’t think anyone can escape this round of volatility
However, having said this, as I pointed out that after we are passed this then we are in a situation where we have a significantly lower market levels then I would think that would provide a decent buying opportunity because they are good quality stocks and sectors which are available in the Indian market as across the rest of Asia as well. That would
possibly lay the foundation for the next up move.
On Sectors: There are three or four pillars on which the India story rests right now. First, we think that the whole urban consumption side is doing fine. Rural consumption would possibly pick up at later date. We have had good monsoon forecast and if the precipitation and spread, the temporal in special spread is also good then that could be a second half fiscal 17 story. We would definitely focus on some of the consumer discretionary may be four-wheelers, two-wheelers. Also come of the consumer staples which have pretty significant footprint across these areas.
The second basket that I would like to highlight is the private sector banks particularly those which are focused on retail lending. Third, we are still bullish on the IT services side of India. They are the ones that are likely to gain the most as a consequence of the recovery in the developed markets. If we see another round of US dollar appreciation it would be mild, but still that would be a tailwind for these exporters.
Finally, we think a potential industrial recovery and we are seeing two legs of an industrial recovery going on right now which is the government’s sponsored infrastructure projects and foreign direct investment. If that results in a multiplier effect then the cement companies, building materials and some of the relatively low leveraged infrastructure companies which have footprints across different sectors that would also be an interesting basket to look at. So, those are the three or four silos that we focus on when investing in India.

Wednesday, June 15, 2016

15/06/16 Intraday

Hold balaji
Buy mukta art
Hold suzlon
Buy spice jet
Sell PNB
Sell Tatapower

Tuesday, June 14, 2016

TRANSFER OF DP TO ANOTHER DP ACCOUNT "delivery instruction slip"

delivery instruction slip
Transfers and Transactions in a Demat Account through Delivery Instruction Slip (DIS):
A demat account is equivalent to a bank account. Here, the securities are kept as balance in your account which can be later sold or transferred as per requirement.
Transaction of Securities can be a On Market and Off Market.
On market Transaction: Any transaction for sale and purchase of securities through a broker on the stock exchange to be settled through Clearing Corporation / Clearing House is generally termed as On Market transaction.
Off Market Transaction: Off Market transaction is one which is settled directly between two Demat Account Holders without using the broker and where no Clearing Corporation / Clearing House is involved.
All demat transactions involve use of Delivery Instruction Slips (DIS). These are equivalent to Cheque Book and must be kept in safe custody.
Upon submission of DIS, the Depository Participant processes the DIS and debits the clients account with the said no of shares. Simultaneously, the target demat account is credited with the same number of shares.
High-value transactions, where the value of the securities exceeds `5 Lac, will be verified by the depository participant to keep a check on fraudulent transfers.
Precautions to be followed with DIS:
  1. Ensure and insist with DP to issue DIS book
  2. Ensure the client ID and serial numbers of the DIS are pre-printed
  3. If the account is a joint account, all the joint holders have to sign the instruction slips. Instruction cannot be executed if all joint holders have not signed
  4. Avoid using loose slips
  5. Do not leave signed blank DIS with anyone viz., broker / sub-broker, DPs or any other person / entity
  6. Keep the DIS book under lock and key when not in use
  7. If only one entry is made in the DIS book, strike out remaining space to prevent misuse by any one
  8. Personally fill in target account-id and all details in the DIS
For On-Market Trade: One needs to enter the CM BP Id (Broker ID), CM Name, Settlement No, Name of the security, ISIN (the unique number of each security present in the demat holding statement), and the number being sold.
For Off-Market Trade: One needs to enter the name and ID of the Target Depository Participant and Target Client ID  along with Name of the security, ISIN and the number of shares being transferred.
9. If the DIS booklet is lost / stolen / not traceable, the same must be intimated to the DP immediately in writing. On receipt of such intimation, the DP will cancel the unused DIS of the said booklet
10. While submitting your DIS ensure to give the contact no on the DIS

RBI releases guidelines for structuring stressed assets

Asian markets are trading mixed as investors watch-out for central bank meetings in the United States and Japan in the week. Indian indices are expected to open marginally lower and focus will be on global cues for further direction.
The U.S. markets ended lower as investors watch-out for upcoming UK referendum to decide on whether to leave the European Union and Cues from Fed Reserve’s meeting during the week. The Dow Jones lost 133 points, or 0.74 %, to close 17,435 while the NASDAQ lost 46 points, or 0.94%, to close at 4,848. Nikkei is trading lower by 1.29% while Hang Seng is trading flattish. Sgx Nifty is trading lower by 0.18%.

Source : Axisdirect

Thursday, June 9, 2016

Watch The Sector

Watch The Sector
  • DIPP releases simpler, investor friendly FDI compendium.
  • RBI to announce new framework for debt restructuring soon.
  • State Finance Ministers panel on GST to meet on Jun 14-15.
  • TRAI seeks powers to penalise telecom companies which fail to meet regulations.
  • India cotton exports drop on thin supply pushing prices higher.
  • US companies to invest $45 billion more in India: John Chambers.
  • World Bank cuts global growth forecast to 2.4% lower than the earlier forecast of 2.9% and 3.1%

Source : AxisDirect

Wednesday, June 8, 2016

Credit Policy Review - June 2016

In line with consensus expectations RBI kept all rates unchanged in its credit policy review. Thus the repo rate stays at 6.5% while the reverse repo rate stays at 6% and the cash reserve ratio (CRR) also remains unchanged at 4% of net demand & time liabilities (NDTL).

The RBI has retained its GVA (Gross Value Added) growth projection for FY17 at 7.6%. The inflation projections given in the April ’16 policy statement have also been retained but with an upside bias. Retail inflation in April ’16 rose more than expected largely due to food prices and as per RBI, makes the future trajectory of inflation somewhat more uncertain. However, the expectations of normal monsoon and various supply management measures of the government should moderate unanticipated firming up of food prices.

In its forward guidance RBI has stated that “given the uncertainties, the Reserve Bank will stay on hold, but the stance of monetary policy remains accommodative. The Reserve Bank will monitor macro-economic and financial developments for any further scope for policy action.”

Source: Second Bi-monthly Policy Statement for the year 2016-17, RBI

Conclusion and Outlook

The credit policy review today was along expected lines with RBI staying on hold until further clarity emerges on monsoon and its impact on food prices. RBI has reaffirmed that the stance of monetary policy will remain accommodative. Additionally, RBI will continue to provide liquidity as per the changes in its liquidity management framework wherein progressively the deficit in the system is being brought to a position closer to neutral.

The expectations of strong monsoon, low MSP hikes for kharif crops of 2016-17, continued reforms by the government and higher public capital expenditure to augment supply side capacity forms the basis for our positive view on inflation going forward. Additionally, continuing fiscal consolidation, and low current account deficit are also supportive of lower yields.

Corporate News

  • Tata Motors: Jaguar Land Rover (JLR) reported an 18% rise inl global sales at 44,946 units in May.  
  •  Yes Bank gets shareholders' nod to raise Rs 16,700 crl  
  • Alstom - Bharat Forge joint venture has signed a contract to supplyl two steam turbines worth $219 mn (~Rs 1,495 cr) to NTPC  
  • Godrej Properties has partnered with AR Landcraft to develop 100l acre township project in Greater Noida  
  • HDIL is reportedly planning to sell two land parcels outsidel Mumbai that could garner around Rs. 750 cr  Ramky Infrastructure has bagged orders worth Rs 613 cr for roadl projects in Chhattisgarh and Punjab.

Source : Axis Direct 

Tuesday, June 7, 2016

Someone who invested ₹10000.00 in these stock Between 2000-2003

Someone who invested  ₹10000.00 in these stock Between 2000-2003

Investment Year
Amount Invest
No. Of Stock
Current Rate
Current Value
Maruti Suziki

Credit: Deepak Sharma

Thursday, June 2, 2016

Trading Tips And Safety Measure For Traders

You can trade in shares and commodities. However, in India, retail investors mainly trade in stock futures and options due to sheer volumes. Trading means buying and selling a stock the same day or holding it for just 2-3 days. The former is called intra-day trade. The latter is called swing trade. Positional trade generally involves taking a longer position and holding a stock for 2-3 weeks.

Safety Measure
This depends to a large extent on how much capital is available, how many opportunities you can explore and your knowledge of technical analysis.

Trading Tips
The importance of discipline in share trading cannot be obverstressed. That is because in most cases, when people are making money, greed makes them wait for more, and so they don't book profits. When prices fall, fear makes them sell fast. These situations can be avoided if they know when to book profit/loss.

If losses are not a deterrent and the market's roller-coaster movements give you a high, here are a few habits and skills that can help you stay on the right track. These are useful for day traders as well as positional traders.

Discipline: The key to success is a stop-loss order. Stop loss helps a trader sell a stock when it slides to a certain price. Suppose you buy shares of company A at Rs 100 and set a stop loss at Rs 95. When the price falls to Rs 95, the shares will be sold automatically. This means you have limited your loss to Rs 5. While entering a trade, you should be clear about how much loss you are willing to accept.

Skill: Trading is a skill, says Derek. "You have to learn what not to do along with what you should do. You should also know how to spot amateurs and trap them and how to take positions. Also, you should be quick to get in and very quick to get out," he says. A lot of amateurs in the market buy at a wrong point. A skilled trader identifies such people and takes an opposite position to trap them.

Planning: One should identify a few stocks and focus on them.

Minimum capital: Only those with a capital of at least Rs 2 lakh can trade for a meaningful gain. However, this capital should not be borrowed and should not be part of your core savings. People can also trade with less, but volumes are important. So, a certain minimum capital is a must.

Stock volumes: A stock should have enough volumes for it to be tradable. According to Zelek, it should have a minimum daily average volume of 500,000 shares. For those just starting, trading Nifty-50 stocks is a good idea, he says.

Price range: What should you do with a share which has high volumes but not much price movement? You should prefer shares with a minimum price range of Rs 10. This means the average difference between a stock's intra-day high and intra-day low should be at least Rs 10.

Timings: Look for the most volatile market timings. Derek says 9.30-11.30 am is a good time to trade in Indian stock markets.

Volatility: Any stock with a positive beta of 1 or above is good. A beta of 1 means the stock will move in line with the market. If the market falls 2%, the stock will also fall 2%. "One can look at a maximum beta of 2 or 2.5, not more than that," warns Derek. One can find a stock's beta in the trading software.

Supply-Demand: One has to know the supply and demand of individual stocks. If the number of shares up for sale is more, one should not buy the stock, and vice versa. To know if the sell quantity is more or the buy quantity is more, one cannot rely on the bid and ask numbers available on the screen. Only a technical analysis can help identify the supply and demand in individual stocks, says Zelek.

News Flow: Never trade on news which is out in the market. It takes a few minutes for a stock price to adjust to any news.

Average out: When the price of a stock starts falling, people buy more to average out. In trading, it's a strict 'No'. "As a professional trader, I would never average out. It's a losing trade. The trade is going bad. I would rather wait for the right time to enter again," Makwana says.

Case Study:
1) ....

Do you think you can immediately start trading with all these tips? The answer is "NO". One needs to develop a few skills, including the ability to understand technical analysis. "Trading is a simple process, but not easy," says Zelek.

STOCK 20-20 02/06/2016

STOCK 20-20 01/06/2016


Escorts: Buy - 175 goals - 185, stoploss - 174

Ashok Leyland: Buy - 109 goals - 115, stoploss - 107

Educomp Buy: - 11.51, target - 12.75, stoploss - 11:25

Everonn Education: Buy - 19.70, target - 21 stoploss - 19:50

NIIT Limited: Buy - 77.74, target - 81 stoploss - 77

NFL: Buy - 32.75, target - 35 stoploss -32.50

Jet Airways: Sell - 588 goals - 575, stoploss - 590

Glenmark: BUY - 853 goals - 870, stoploss - 850

ITI: Buy - 25.40, target - 27.50, stoploss - 25

HMT: Buy - 41.75, target - 44 stoploss - 41.25


Peninsula Land: Buy, Target - 24 stoploss - 19

Andhra Bank: Buy, Target - 55 stoploss - 49

Axis Bank: Buy, Target - 550, stoploss - 505

Dena Bank: Buy, Target - 32 stoploss - 27

BGR Energy: Buy, Target - 123, stoploss - 110

DHFL: Buy, Target - 210, stoploss - 195

Vedanta: Buy, Target - 116, stoploss - 105

Reliance Infra: Sell, target - 520, stoploss - 545

GM Breweries: Buy, Target - 650, stoploss - 605

MRPL: Buy, Target - 75 stoploss - 65

Source CNBCAwaaz