by admin@proficient | Mar 28, 2017 @ 2:59 am | Uncategorized | 0 Comments
Aviation sector continues to be on our radar, since a week due to support from crude prices along with govt focused to increase airline connectivity. After rally in SpiceJet, Indigo and Jet airways, its now time for global vectra, and Taneja aerospace Govt may levy...
by admin@proficient | Mar 27, 2017 @ 3:13 am | Uncategorized | 1 Comment
Aviation sector continues to be on our radar. India now 3rd largest aviation market in domestic air passenger traffic. Govt of India is all focused to increase the regional connectivity. Spicejet and Global vectra to be on radar Further positive news for domestic...
by admin@proficient | Mar 24, 2017 @ 3:10 am | Uncategorized | 0 Comments
Murudeswahwar ceramics board meets today to issue preferential issues to promoters. Stock had seen positive momentum during the closing trade hours yesterday. Stock is trading 18% less than its recent high and is anticipated to continue its yesterday rally even today...
by admin@proficient | Mar 23, 2017 @ 2:57 am | Uncategorized | 0 Comments
Cabinet committee on Economic Affairs (CCEA) has approved to increase the minimum support price of milling copra for the 2017 season by Rs 550 per quintal to Rs 6,500. This is second rise after RS 400 per quintal rise in Jan, 2017. This development could put Marico...
by admin@proficient | Mar 22, 2017 @ 3:15 am | Uncategorized | 0 Comments
With crude oil trading at 4 months low, companies depending on crude and derivatives as an raw material is set to be benefitted. Further to above, housing for all focus could help Berger paints and Shalimar paints rally in short term. Also, Spice jet could see some...
by admin@proficient | Mar 21, 2017 @ 3:17 am | Uncategorized | 0 Comments
Rashtriya Chemicals and Fertilisers and Balaji Amines have jointly filed the application before the Directorate General of Anti-Dumping and Allied Duties (DGAD) for initiation of the investigation and imposition of the duty on imports of...
by admin@proficient | Mar 20, 2017 @ 3:10 am | Uncategorized | 0 Comments
Tyre stocks to be in focus, as govt has called up for a meeting to discuss the need of anti-dumping duty in the sector. It is likely that higher anti-dumping duty may be levied. Good year, Ceat and JK tyre to be on radar Gst council meet today to pass the gst law....
by admin@proficient | Mar 17, 2017 @ 3:13 am | Uncategorized | 0 Comments
Logistics stocks would continue to rise ground as the GST Council has endorsed additional legislation for implementation of the GST, and is now in the final fray. Patel integrates logistics could be a stock to watch out for Further progress to initial suggestion of...
by admin@proficient | Mar 16, 2017 @ 5:41 am | Uncategorized | 2 Comments
As in all other walks of professional life, trading too demands extreme discipline. Successful trading should be a boring job where you have to live in isolation & keep repeating your edge over and over again to extract profit. A smart phone is a perfect...
by admin@proficient | Mar 16, 2017 @ 3:14 am | Uncategorized | 0 Comments
A2Z infra has got good order book over the last 1 month, and strong action has been seen in the stock during the closing hours of last trading day. This stick has to be in radar As per media reports(unconfirmed reports), Murugappa Group’s Coromandel International,...
by admin@proficient | Mar 15, 2017 @ 3:27 am | Uncategorized | 0 Comments
Oil’s tumble on US inventory build up and the release of a monthly report by OPEC showing that Saudi Arabia increased production in February back above the level of 10 million barrels a day. Chemicals, paints, aviation to be key beneficiary. Stocks to benefit:...
by admin@proficient | Mar 14, 2017 @ 2:58 am | Uncategorized | 0 Comments
UP BJP win was already factored in by the markets. May be only thing left out could be the land side victory, that means a short term rally could be definetly seen. Global/domestic cues and domestic reforms would play a key role for the markets ahead. US fed rate hike...
by admin@proficient | Mar 10, 2017 @ 3:35 am | Uncategorized | 0 Comments
Three key events that would have influence on our markets: 1. UP Sugar mills debt recast hope rises with exit polls claiming BJP to be single biggest party in recent polls: Companies like Uttam sugar and Simbholi sugar may rally on this 2. Chances of weather risk...
by admin@proficient | Mar 9, 2017 @ 3:31 am | Uncategorized | 0 Comments
Sentiment booster for aviation sector: Further to yesterday’s announcement of ATF tax cut to 1% from 25% in Delhi for flights heading to north east, expect more positives to the aviation sector in coming days Aviation turbine fuel tax cut will also be applicable...
by admin@proficient | Mar 8, 2017 @ 3:33 am | Uncategorized | 0 Comments
BSNL, MTNL merger plan back: Merger talks between MTNL and BSNL initiated again by telecom dept as the firms are under financial stress due to increasing competition in telecom sector. Earlier there were talks of Jio picking the stake. MTNL and ITI will have positive...
by admin@proficient | Mar 7, 2017 @ 3:14 am | Uncategorized | 1 Comment
1. Cabinet approved a proposal to revive 50 unserved and under-served airports as well as airstrips at an estimated cost of Rs 4,500 crore to enhance regional connectivity. SpiceJet may rally on this development 2. Govt is chocking out on new coal linkage policy to...
by admin@proficient | Mar 6, 2017 @ 3:23 am | Uncategorized | 0 Comments
Key events that would drive markets 1. US fed yellen signaled that it is all set to raise the interest rate this month, if labor and economic data holds up. India rupee may be volatile in Mondays trading session. However, this is already factored in in to markets and...
by admin@proficient | Mar 3, 2017 @ 3:45 am | Uncategorized | 4 Comments
Rain industries is a stock to watch out for. Company is in to CTP and CPC. Both of these are used in aluminum industry. There is a deficit of pet coke in the industry because of the new Chinese air pollution law implemented last year. Both these products has seen...
by admin@proficient | Mar 2, 2017 @ 4:53 am | Uncategorized | 0 Comments
Real estate will be on focus today, due to recently announced DLF rental arm deal said to be valued at 14,000 cr. Company positioned in similar space, prestige estate would be on focus, as similar story can spill out here Positive. Yesterday there was a rally seen in...
by admin@proficient | Jun 20, 2016 @ 11:26 am | Techno-fundamental analysis | 1 Comment
In our previous issues, we have discussed in detail the first two tenets of Dow Theory. Let us conclude the remaining four. The Principal of Confirmation The theory requires both averages (Industrials & Railroads) to make new highs in order to declare a...
by admin@proficient | Jun 14, 2016 @ 7:41 am | Techno-fundamental analysis | 0 Comments
Let’s continue with the tenets of Dow Theory: 2.Classification of Trends. Trends are broadly classified into three major groups: The Primary wave, The Secondary swings & the minor day-to-day fluctuations. Let’s consider each of them in bit more details. The...
by admin@proficient | Jun 7, 2016 @ 12:36 pm | Techno-fundamental analysis | 1 Comment
A major difference between both the forms of analysis is the time frame over which they are conducted. An investor who wishes to invest in a business for a longer period of time (say more than 3 years), it becomes very important to understand the business in-depth...
by admin@proficient | Jun 6, 2016 @ 10:23 am | Techno-fundamental analysis | 1 Comment
Part 1 Let’s get into the tenets of Dow Theory. We have 6 principles to cover here. 1. The Averages Discount Everything (Except “Acts of God”) During Dow’s time, there was considerably less liquidity & price manipulations were rampant. By creating an aggregate of...
by admin@proficient | May 19, 2016 @ 1:38 pm | Techno-fundamental analysis | 0 Comments
Welcome to the fascinating world of technical analysis. We begin this new series with Dow Theory and a bit of historical background. Technical Analysis as a discipline began late 19th century, when Charles Dow, a Wall Street journalist, created two separate indices,...
by admin@proficient | Aug 28, 2015 @ 9:02 am | Algo Trading | 0 Comments
Over the past decade, there has been a major transition in online trading practices. The way investors adopt steps to trading following the incorporation of the mobile app for trading websites and the release of automated trading software is rapidly changing the...
by admin@proficient | Aug 25, 2015 @ 12:32 pm | Stock Market Bites | 0 Comments
There are several things that can accustom a person with all kinds of news in association with the business. If a person has an apprehension regarding investing, then he surely needs to be confirmed about the share prices of several different companies. The market...
by admin@proficient | Aug 20, 2015 @ 8:28 am | Algo Trading | 0 Comments
It is already proven that using automated trading system help the users in better decision making by eliminating the ‘emotional quotient’. The software in automated algo trading systems is complicated and offers several features including the facility to use the...
by admin@proficient | Jul 25, 2015 @ 7:38 am | Algo Trading | 0 Comments
Technology is penetrating deep into the society and the online trading practices are not exceptions. Apart from the utilization of the Smartphone accessible trading websites, the modern investors also opt for automatic algo trading systems to verify the best tradable...
by admin@proficient | Jul 20, 2015 @ 6:52 am | Techno-fundamental analysis | 0 Comments
To most of the routine day traders, online equity trading may seem like a cakewalk, but to freshers in stock trading market, this practice may seem shrouded in mystery! With the advent of brokerage accounts as well softwares pertaining to share trading in the virtual...
by admin@proficient | Jun 27, 2015 @ 6:53 am | Techno-fundamental analysis | 1 Comment
National Stock Exchange (NSE) is the 12th largest stock exchange in the world and one of the leading in India with the market capitalization worth US $1.65 trillion. Established in 1992, Mumbai based NSE has over 1696 business listings allowing the investors to trade...