by admin@proficient | Jun 12, 2017 @ 5:02 am | Uncategorized | 0 Comments
Trading Call: United Spirits The FMCG Index continues to remain a relative outperformer among all sectoral indices and consequently we pick our next week’s bet from this sector as well. McDowell-N (CMP: 2376) There are several short term bullish characteristics in...
by admin@proficient | Jun 12, 2017 @ 3:34 am | Uncategorized | 0 Comments
Maharashtra Offer Loan Waiver, Farmers Call off Protests. Loan Waiver Estimated To Cost Rs 35,000 Cr bad for bank NPA will rise: ICICI, SBI, Bank of Maharashtra. Maharashtra Govt ready to accept milk price in Maharashtra…impact on Prabhat dairy. Telecom Industry...
by admin@proficient | Jun 9, 2017 @ 3:40 am | Uncategorized | 0 Comments
India ‘bright spot’ for global steel output growth. RIL AGM would be next big event to watch out for next big move , introduce affordable phone with 4G card. Kerala Government Relaxes 2014 Liquor Ban.Good for liquor shares. Hester Biosciences to invest $3...
by admin@proficient | Jun 8, 2017 @ 10:43 am | Uncategorized | 0 Comments
Trading is inherently risky, because outcomes are always uncertain. Even with the same set-up of your variables when you take a trade, the outcome is not guaranteed. Sometimes you win, sometimes you lose. Traders often tend to believe that there must be a way to trade...
by admin@proficient | Jun 8, 2017 @ 3:36 am | Uncategorized | 0 Comments
Crude prices drops 3.7 percent in the last two days. ELGI EQUIPMENTS: Will set up assembly plants in US and Europe, which Currently contribute sizeable chunk of its overall business. Please watch this stock. Sector to watch: Positive: Aviation Stocks to watch:...
by admin@proficient | Jun 7, 2017 @ 3:31 am | Uncategorized | 0 Comments
Vodafone-Idea merger opening possibility soon. Positive for Infratel also. YES BANK Share holders Approve Increasing Borrowing Limit To Rs 70000 Cr From Rs 50000 Cr; Got Nod For Fund raising Up To Rs 20000 Cr Via NCDs. From GST, affordable housing to benefit, premium...
by admin@proficient | Jun 6, 2017 @ 3:35 am | Uncategorized | 0 Comments
India starts dumping probe on import of DIOCTYL PHTHALATE Chemical from Korea, Taiwan. Chemical stocks to be focused. Bad news for power grid, china put a 1200 MHz hydro project in Nepal. Ajanta Pharma Gets US FDA Nod For Anti-Psychotic Drug, Olanzapine. This medicine...
by admin@proficient | Jun 5, 2017 @ 5:32 am | Uncategorized | 3 Comments
Top Down Approach: An Example The bull market continues unabated & we had four consecutive weeks of rise in Nifty last Friday. The series of higher bottoms is clearly visible in the daily chart of the Index (Exhibit 1). These higher bottoms are the classic...
by admin@proficient | Jun 5, 2017 @ 3:34 am | Uncategorized | 0 Comments
Linde, Praxair boards approve $73 billion merger globally. All biscuits to be taxed at 18%, Bad news for Britannia, ITC, GlaxoSmithKline Consumer Healthcare Limited. Stocks to watch: Positive: TATACOMM, JSPL, JSWSTEEL, RUPA, LUX, TITAN, PCJEWELLER, WEBELSOLAR, SUZLON,...
by admin@proficient | Jun 2, 2017 @ 3:27 am | Uncategorized | 0 Comments
OBC to seek shareholders approval to raise 5000 cr on june 29th. Hind copper starts Banwas mine at raj with production capacity of 6 lakh ton per annum Sector overview: Positive: Auto, Aviation, Stocks to watch: Positive: BHARTIARTL, TVSMOTOR, HEROMOTOCO, HINDCOPPER,...
by admin@proficient | Jun 1, 2017 @ 3:34 am | Uncategorized | 0 Comments
India Jan-Mar GDP growth slows to 6.1%; FY17 growth 7.1% vs 8.0% Tata Group start to restructuring, Chairman focussed on 3 Objectives; Rigour & Process Of Invst Analysis, Debt Reduction & Disciplined Cap Allocation. IVRCL, unknown investor shows interesting...
by admin@proficient | May 31, 2017 @ 9:28 am | Uncategorized | 0 Comments
It is not much difficult to make a profitable trade or even a series of profitable trades. However, to keep the profits & accumulate them in the long run is indeed challenging & that’s why consistency is the most desirable skill one should aim for....
by admin@proficient | May 31, 2017 @ 3:34 am | Uncategorized | 0 Comments
DELHI HIGH COURT: R-infra won Rs 2950 Cr Arbitration Award Vs Delhi Metro. Asks Delhi Metro To Pay Rs 60 Cr To R-Infra. RENAISSANCE JEWELLERY: Approves Buyback Of 2 Lk Shares at Rs 250/Share. JINDAL POLY FILMS: Is in advanced negotiations to acquire the European...
by admin@proficient | May 30, 2017 @ 5:13 am | Uncategorized | 0 Comments
Good monsoon impact on GDP growth, food prices, consumer spending and interest rates , also good for agriculture machinery companies.
by admin@proficient | May 30, 2017 @ 3:33 am | Uncategorized | 0 Comments
IMD source says southwest monsoon likely to hit Kerala today. World Bank pegs India GDP growth at 6.8% in FY17, 7.2% in FY18. L&T approves bonus issue in the ratio of 1:2. Syndicate Bank: The board of directors of the bank has approved raising up to 3500 CR...
by admin@proficient | May 29, 2017 @ 5:59 am | Uncategorized | 0 Comments
Relative Strength Analysis: An Example Indian Equities Market has been scaling new highs almost in regular intervals & last Friday we got a yet another life time high for Nifty at 9595. Yes, the market is overbought in the short term; yes, there is a chance of...
by admin@proficient | May 29, 2017 @ 3:32 am | Uncategorized | 0 Comments
FDI IN MULTIBRAND RETAIL WILL COME EPF head says board oks hiking invest in equity instruments to 15% Glenmark gets ANDA nod for Nebivolol tablets of 2.5 mg, 5 mg, 10 mg, 20 mg to used to treat hypertension PSP Project Listing today Hind Petro announces 1:2 bonus...
by admin@proficient | May 26, 2017 @ 3:35 am | Uncategorized | 0 Comments
OPEC extends output cut for 9 months; Saudi rules out deeper cuts. GLENMARK gets ANDA approval for Olmesartan Medoxomil tablets. This medicine use for hypertension treatment. Dr.Reddy: The US Food and Drug Administration has cleared the company’s facility at...
by admin@proficient | May 25, 2017 @ 3:31 am | Uncategorized | 0 Comments
Cabinet OKs proposal to abolish Foreign Investment Promotion Board IMD says southwest monsoon may hit Kanyakumari in two days Stock to watch: Positive: ADANIENT, JAIN IRRIGATION, KOPRAN Negative: DISHTV,
by admin@proficient | May 24, 2017 @ 6:15 am | Uncategorized | 0 Comments
Our job as a trader is simply to execute our game plan flawlessly like a casino, day in, day out, without any bit of emotional discomfort. One loss, or even a series of losses are bound to happen but they are simply a part of the overall business plan. Let’s take a...
by admin@proficient | May 24, 2017 @ 3:33 am | Uncategorized | 0 Comments
Moody’s downgrades China’s ratings to A1 from Aa3 Sector overview Positive: AUTO Negative: PHARMA Stock to watch JUBILANT
by admin@proficient | May 23, 2017 @ 3:39 am | Uncategorized | 0 Comments
RBI outlines plan to implement ordinance on NPAs. At India-OPEC meet, govt says strong demand merits Asian dividend. US share indices ended higher on Monday led by gains in industrial and energy. Sector to watch: Positive: AUTO, CONSUMER DURABLES Negative: PSU BANKS...
by admin@proficient | May 22, 2017 @ 3:35 am | Uncategorized | 0 Comments
Panel finalizes partnership policy for defense manufacturing by pvt companies. The new rate structure approved by the Goods and Service Tax Council is set to bring down prices of luxury vehicles, but may lead to a 2-3% hike for small cars. SUZLON ENERGY: Reported...
by admin@proficient | May 19, 2017 @ 10:27 am | Uncategorized | 0 Comments
Welcome to our weekly series of Market Updates. On this Thursday Morning, Equities took a hard knock from overseas markets & opens with a gap down of 70 points. This happened after two successive closing above 9500 for the first time ever. Let’s come to today’s...
by admin@proficient | May 19, 2017 @ 3:38 am | Uncategorized | 0 Comments
GST Council keeps most FMCG pdts at 18%, consumer durables at 28% GST Council keeps 60% of goods under standard 12%, 18% tax slabs Most agricultural products to be exempted from taxes, says @thomasisaaq, Finance Minister, Kerala. Shree Renuka Sugars’ Narendra...
by admin@proficient | May 18, 2017 @ 3:42 am | Uncategorized | 0 Comments
GST Council meeting begins in Srinagar today to finalize tax slabs for goods and services. Met to announce monsoon forecast, expectation of monsoon arriving two days ahead of schedule Drug price regulator National Pharmaceutical Pricing Authority (NPPA) has initiated...
by admin@proficient | May 17, 2017 @ 3:39 am | Uncategorized | 0 Comments
News Snapshot: Once second plant is operational in Gujarat, Maruti Suzuki will produce and a whooping 2.5 lakh units more. Government: Imposes Final Anti-Dumping Duty On Chinese Aluminium Foil For 5 Years, Hindalco to be on focus. Weak dollar is further headwind fo IT...
by admin@proficient | May 16, 2017 @ 3:34 am | Uncategorized | 0 Comments
April Trade Deficit At $13.24 Bn, A 30-month High. According to data released by the Ministry of Commerce on Monday. The deficit stood at $10.4 billion a month ago and at $4.8 billion in April 2016. Petrol price cut by Rs 2.16 per litre, diesel by Rs 2.10 a litre....
by admin@proficient | May 15, 2017 @ 10:15 am | Uncategorized | 0 Comments
In this series of Articles we are going to analyze the equity markets from various perspectives & will attempt to come up with actionable trading ideas. Today, we begin by addressing a basic query on technical analysis: What at all are we trying to find out when...
by admin@proficient | May 15, 2017 @ 3:20 am | Uncategorized | 0 Comments
make in india project , anti dumping duty on steel , jsw sail will move up, demand of copper and steel increase in near future, Jindal Stainless – V STRONG PAT 161 Cr Vs Loss 171.6 Cr Income Up 23.6% EBITDA 312.9 Cr Vs 144.1 Cr Port of call. Cargo traffic up to...
