Stock update: Crompton Greaves (Positional call)

About Crompton Greaves:

Crompton Greave is in the Electric Equipment sector. Crompton Greaves Limited (CG) is a pioneering leader in the management and application of electrical energy, with a presence in over 10 countries. CG is active in the global power transmission & distribution (T&D) arena, and is amongst the world’s top ten transformer manufacturers.

It is an Indian multinational company engaged in design, manufacturing, and marketing of products related to power generation, transmission, and distribution based in Mumbai. It is part of Avantha Group.

CG has 20 manufacturing divisions spread across India. And with the acquisition of Pauwels (Belgium), Ganz (Hungary), Microsol (Ireland), Sonomatra (France), MSE Power Systems (USA), Power Technology Solutions (UK), three businesses in Nelco (INDIA), Emotron (Sweden), QEI Inc. (USA) and ZIV Group (Spain), the company is emerging as a first choice global supplier for high quality electrical equipment.

 BSE Code for this stock is 500093 and the NSE Code for this stock is  CROMPGREAV.

Latest announcement:

The Avantha Group has decided to sell the industrial division of Crompton Greaves and retain the consumer business, changing once again its strategy on the group flagship that manufactures transformers and switchgear to home appliances and electronic surveillance equipment.

Expected movement for this Month:

Buy:

Crompton Greave was last traded at Rs 175.45. We can buy this stock at current market level.That is once Equity crosses 175.38 we can buy this stock and 175 is the strong support for this stock.My first target 179.82 and  Exit target will be 180.94.So please buy 1 lot future when equity crosses 175.45 level and hold till expiry. Please exit at 180.

 

Sell:

Crompton Greave crosses the 170.99 we can short this stock. Please find below the table.My first target for sell is 166.66 and exit target for sell is 165.58. please short 1 lot of future when equity crosses the 170 level.Please exit at 165.58

Nifty Trend :09/04/2015 Profit update:

Nifty : 

Today we have given the nifty tips that buy one lot of NIFTY future once equity crosses the 8720.70 level and exit target was 8767. Target already reached.

Profit:

Lot size of Nifty is 25.

Profit =8767-8720=47*25 = 1175

Total profit is Rs 1175.

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.