Nifty Trend :09/04/2015

NIFTY:

The Indian share market maintained its upper trend for the fourth consecutive session on Wednesday with the Nifty crosses 8700 level. The broader markets also moved in tandem with benchmarks. Positive global cues and banks passing on rate cuts to system boosted sentiment today. The 30-share BSE Sensex jumped 191.16 points to 28707.75 and the 50-share NSE Nifty rallied 54.10 points to 8714.40 supported by technology.

The Indian equity market may open in Green as SGX nifty is trading in Green at 8797 at 8.23 hrs with 31 point up.

Intraday Target:(09/04/2015):

BUY:

If nifty crosses the 8720.70 level or open above it will go further in upper. So please buy one lot of Nifty future once nifty equity crosses 8720.70 level .First target for today is 8751. Our exit target for today is 8767.
Nifty lot size is 25.














Sell:

You can short Nifty future when NIFTY equity crosses 8689.61.Hence Short the NIFTY one lot future at this level. My first target for sell NIFTY is 8658.56. And when it reaches 8650.81 levels please exit from this trade. And please maintain the stop loss which is mentioned in below diagram.

Stock update: Tatamotors (Positional call)

About Tatamotors:

Tata Motors Limited is India's largest automobile company, with consolidated revenues of INR 2,32,834 crores (USD 38.9 billion) in 2013-14. Through subsidiaries and associate companies, Tata Motors has operations in the UK, South Korea, Thailand, South Africa and Indonesia. Among them is Jaguar Land Rover, the business comprising the two iconic British brands. It also has an industrial joint venture with Fiat in India.  With over 8 million Tata vehicles plying in India, Tata Motors is the country's market leader in commercial vehicles and among the top in passenger vehicles. Tata cars, buses and trucks are being marketed in several countries in Europe, Africa, the Middle East, South Asia, South East Asia, South America, CIS and Russia.

BSE Code for TATAMOTORS is  500570 and the NSE Code for this stock is TATAMOTORS

Latest announcement:

Tata Motors Yesterday said it has no plan to sell majority/strategic stake in Tata Technologies Ltd (TTL), the auto designer arm of the company, as it considers the Pune-based firm as strategically important for its business. "Tata Motors considers TTL as strategically important for its business. There is no intention of TML to sell majority/strategic stake in TTL and reports of divestment of the 90 percent stake are incorrect, the country's largest automotive firm said in a filing to the BSE. Tata Motors along with its subsidiary holds 72.32 percent stake in TTL and 15.47 percent stake is held by rest of the Tata Group, it added. The homegrown auto major was responding to reports that it along with Tata group's private equity fund Tata Capital were looking to sell their 90 percent stake in TTL.

 

It now earns one third of its revenue from North America, Europe and Asia Pacific. Nearly 65 per cent of its business comes from the automotive sector, 12 per cent from aerospace and the rest from industrial machinery and other businesses. Tata Motors is the country's largest automobile company, with consolidated revenues of Rs 2,32,834 crores in 2013-14. Tata Motors shares closed at Rs 561.55 apiece on the BSE, up 0.27 per cent from previous close.

Expected movement for this Month:

Tatamotors was last traded at Rs 561.5 net change percentage was 0.27%.Tatamotors is the biggest and good stock for invest our money. We can buy this stock at current level. When TATAmotors equity Crosses 563.52 it strongly indicate upper trend. So buy this stock at that level. My first target for this month is 571.47. And exit target will be 575.6.

Tips to buy:

Lot size of Tatamotors is 500.

For small investor Buy 1 lot of 560 CALL @ 15- 18 level

Target for this Month is 27.

For big investor Buy 1 lot of future when equity crosses 563.52. Please wait till expiry Target for this month is 575.6.

Stock update: YES Bank (Positional call) Profit update:

Yes bank :

In my previous post we have advised to Short Yes bank once it crosses the  841.23. Today open was 843.80 and as of now today low is 822. My exit target is reached. 

Profit :

Yes bank Lot size is 500.

we shorted Yes bank future at 841 level and Exit at 824 level

Profit=841-824=17 *500

Total profit = Rs 8500

Stock update: YES Bank (Positional call)

About Yes bank:

Yes Bank is one of the Private banking Sector. YES BANK, India’s fourth largest private sector Bank, is a high quality, customer centric, service driven, private Indian Bank catering to the Future Businesses of India. Since its inception in 2004, YES BANK has fructified into a ‘“Full Service Commercial Bank” that has steadily built Corporate and Institutional Banking, Financial Markets, Investment Banking, Corporate Finance, Branch Banking, Business and Transaction Banking, and Wealth Management business lines across the country, and is well equipped to offer a range of products and services to corporate and retail customers.

YES BANK has a widespread branch network of over 630 branches across 375 cities, with 1150+ ATMs across all 29 states and & Union Territories in India.

 BSE Code for Yes bank is  532648 and the NSE Code is YESBANK.

RBI Policy:

The Reserve Bank of India (RBI) yesterday decided to leave interest rates unchanged when it met for a bi-monthly review . Hence all banks may cut their base rates. The country’s largest lender SBI, has reduced its base rate by 15 basis points (bps) just hours after Reserve Bank of India (RBI) nudged banks to cut rates while leaving the policy rate unchanged SBI is the first major bank to cut its base rate. So we are expecting the some rate cut from Yes bank as well.

Expected movement for this Month:

Buy: 

Yes Bank is also strongest and good stock in banking sector like HDFC bank.we can buy this Yes bank stock when Yes bank Equity crosses 850.93 level. so my first target is 860.60 and second target is 863.13. Finally my exit target for this month Buy is 868.03.So small investor can buy the 850 call option when it reaches 850 level. For Big investor can buy Yes bank future at when yes bank equity crosses 850 level.

Short:

According to last month high and low, we can short this stock when it crosses 841.23. So my first target is 831.51, second target is 829.19 and exit target for short is 824.40.we can short the yes bank future at 841 level. Please find the below table.

Rate cut of SBI ,HDFC Bank & RBI Policy

India’s largest lender State Bank of India (SBI) and HDFC Bank today cut base rates by 15 basis points to 9.85 percent effective April 10 and April 13 respectively.On Tuesday, the Reserve Bank of India nudged banks to cut rates while leaving the policy rate unchanged. The Reserve Bank of India (RBI) today decided to leave interest rates unchanged when it met for a bi-monthly review, after effecting two out-of-cycle rate cuts earlier this year for 25 basis points (0.25 percent) each. As a result, the headline repo rate, the rate at which the RBI lends to commercial banks, continues to stand at 7.5 percent.
Base rate is the minimum rate the RBI charges while lending to its customers and the minimum interest rate of a bank below which it cannot lend, except in cases allowed by the central bank. The country’s largest lender SBI, has reduced its base rate by 15 basis points (bps) just hours after Reserve Bank of India (RBI) nudged banks to cut rates while leaving the policy rate unchanged SBI is the first major bank to cut its base rate. One basis point is one-hundredth of a percentage point. SBI reduced its minimum lending rate or base rate by 15 bps to 9.85% effective 10 April. This is the first such cut by the lender since February 2013 when it had reduced its base rate to 9.7% from 9.75%. It has since consistently been raising its base rate. India’s second largest private sector lender HDFC Bank too cut its base rate by 15 bps effective 13 April.

Positional call Exit update

Asian paint:

We have given tips to buy Asian paint 820 call @Rs 20 on 1st April 2015. Check out below link.

http://nseanalyst.blogspot.de/2015/04/postional-call.html

And Target given was 30. Today high is 33.95.

Profit:

Asian paint lot size is 500.

Total investment is 20*500=10000

Exit at 30.

Profit = 30-20=10 *500 =5000

Total profit is Rs 5000

Tentative financial result -BHEL

Today BHEL announced that they secure 89 percent EPC based power projects thereby retaining its leadership position with 72percent market share for the consecutive year. And BHEL commissioned 11,941 MW of power plant equipment- more than 10,000 MW 3rd year in a row. According to this  BHEL joined the elite club of select global giants having an installed base of over 150 GW of power generating equipment Expanding its offerings. Improved focus on project execution enabled the company record commissioning / synchronization of 11,941 MW of power plants in domestic and international markets in 20114-15. BHEL has been secured orders worth Rs.30,814 crore during 2014-15 an increase of 10% over last year from its diversified business segments covering both domestic and international markets. Orders in Power sector at Rs.24,873 cr. witnessed a 22% jump; and the most diversified Industry segment at Rs.5,221 cr. saw an increase of 4% in 2014-15. The Company booked Rs.720 crores orders for Exports and ended the year with a total order book of Rs 1,01,159 cr.

Bharat Heavy Electricals (BHEL) disappointed street with its provisional numbers for the financial year 2014-15. According to its tentative financial results (flash results) net profit fell 62 percent to Rs 1,314 crore during the year compared to Rs 3,461 crore in previous year.

BHEL recorded a turnover of Rs.30,806 crores (prov.) and a Net Profit of Rs. 1,314 crores (prov.) during 2014-15. Profit impact is due to low volumes as a result of the retarding force of last 3 years market shrinkage due to issues relating to coal linkages fund constraints, land acquisition, clearances, etc. Focus on cost optimization through increased localization of super critical technologies, higher value additions; increased vendor base and design optimization efforts aided the company in its margins. Company’s focus on cash realization during the year has resulted in retaining cash surplus situation.

A major milestone of the year was the commissioning of four power plants in overseas markets in Rwanda, Sudan, Ethiopia and Oman BHEL signed an MoU with HSL & MIDHANI and formed a consortium for P 75I submarines– a stepping stone towards indigenous submarine building programme BHEL built thermal sets continued to demonstrate efficient & superior performance. 27 sets registered Plant Load Factor (PLF) of over 90% and 77 sets between 80% - 90%.

 BHEL which ranks among the highest R&D spenders in the country in the engineering and manufacturing segment spent 3.26% of turnover on R&D in 2014-15 compared to 2.78% in 2013-14. Increased R&D efforts have led to filing of highest ever 450 patents / copyrights during 2014-15. As part of its endeavour to offer the most contemporary products & technologies to customers, BHEL has indigenously designed and developed a breakthrough Fuel Flexible Boiler design capable of firing both imported & indigenous coals Fiscal 2014-15 was a year in which BHEL has made significant progress in further consolidating its strengths and value propositions to emerge even more competitive for tapping opportunities in the next phase of economic growth of the country.