Showing posts with label Option Tips. Show all posts
TOP CORPORATE NEWS 03 SEPTEMBER 2014
By : Simran Shah
·
Suven Life at new high, up 5%,
gets patents in 3 countries
Investors
lapped up shares of Suven Life Sciences after the drug maker received product
patents from South Korea, China and Canada.
·
Tata Power's arm redeems US$ 450
mn Fixed To Floating Rate Subordinated Notes
Tata Power’s
arm Bhira Investments Limited, has redeemed US$ 450 Mn. Fixed to Floating Rate
Subordinated Notes on September 02, 2014, as per the notice for early
redemption to the Trustee dated July 31, 2014.
·
Tata Motors stock up 2% on
receiving order
Shares of Tata Motors
was up 2% after company received an order from KSRTC (Karnataka State Road
Transport Corporation) to supply 487 nos. and another for 780 nos. from HRTC
(Himachal Road Transport Corporation) for Tata Marcopolo built buses as per
Urban Bus Specifications under JNNURM II scheme.
·
Eros Intl announces Partnership
with Home Cable Network
Eros
International Media announced the launch of a partnership between Home Cable
Network and online entertainment service provider Eros Now.
TOP CORPORATE NEWS 26 August 2014
By : Simran Shah
· ONGC slumps on reports of disinvestment
ONGC fell nearly 4%, on reports of disinvestment. Government has decided to disinvest 5% stake in the company via offer for sale mechanism. The procedure of disinvestment is expected to be completed by the end of the month of September.
· Havells India rises after stock split
Havells India jumped over 12% and after stock split. Havells India split each equity share of face value Rs5 each into five equity shares of Re1 each., with trading starting as of today, (August 26, 2014).
· Reliance Power opts out of gas-fired power plant in Dadri
Reliance Power told the Supreme Court that it wasn't interested in setting up gas-fired power plant in Dadri, Uttar Pradesh, any more and would return about 956 acres of land acquired for the company to the state government.
· L&T signs contract for 225 Mw
Bangladesh Power Development Board and Larsen & Toubro (L&T) have signed a contract to set up a 225 megawatt, gas-based power plant in sikalbaha, Chittagong in Bangladesh. The contract, which is valued at about $200 million, was secured by L&T in May, 2014.
Markets may open lower on weak global cues
By : Simran Shah
Markets are likely to open in the negative territory tracking weak global cues.
Asian shares stumbled on Friday after a month-end swoon on Wall Street, though some were hoping China would offer better news on manufacturing and help steady investor sentiment.
Asian shares stumbled on Friday after a month-end swoon on Wall Street, though some were hoping China would offer better news on manufacturing and help steady investor sentiment.
The U.S. S&P500 stock index posted its worst daily fall since April
and its first monthly drop since January on Thursday, as economic data
sparked concern the Federal Reserve could raise interest rates sooner
than some have expected.
Problems in overseas economies added to the bearish tone, with
Argentina defaulting on its debt for the second time in 12 years.
Stocks to watch:
Maruti Suzuki India,
the country’s largest car maker, reported a 20.7 per cent increase in
net profit at Rs 762 crore for the financial year’s first quarter ended
June.
JSW Steel, India’s third-largest steel maker, plans to
invest $22 billion (about Rs 1,32,000 crore) through the next 10 years
to raise its total capacity from 14.3 million tonnes (mt) to 40 mt by
2025.
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INDIAN BENCHMARKS ended flat on Geopolitical tension.
By : Simran Shah
INDIAN EQUITY BENCHMARKS closed flat after a range-bound session to perform in-line with most Asian peers amid rising geopolitical tensions after a strike on Malaysia Airlines flight MH17 in eastern Ukraine near the Russian border on Thursday that killed nearly 300 passengers on-board.
• Further, Shares of Wipro was up 2% after the company announced that it has entered into a strategic alliance with Alberta-based ATCO Ltd., one of Canada's premier corporations.
• Zee Entertainment Enterprises has reported a 6 percent fall in its first quarter (April-June) consolidated net profit at Rs 211 crore compared to Rs 224.6 crore in the year-ago period.
The crucial resistance for Nifty is now seen at 7685 and above this 7730. Support for the immediate term is now placed at 7595 and next support will be 7535.
NEWS TO WATCH:
• Watch out Quarterly Earnings of HDFC Bank, HDIL, Idea Cellular, Canara Bank, Exide Industries, Hindustan Zinc 21ST July 2014.
• Further, Shares of Wipro was up 2% after the company announced that it has entered into a strategic alliance with Alberta-based ATCO Ltd., one of Canada's premier corporations.
• Zee Entertainment Enterprises has reported a 6 percent fall in its first quarter (April-June) consolidated net profit at Rs 211 crore compared to Rs 224.6 crore in the year-ago period.
The crucial resistance for Nifty is now seen at 7685 and above this 7730. Support for the immediate term is now placed at 7595 and next support will be 7535.
NEWS TO WATCH:
• Watch out Quarterly Earnings of HDFC Bank, HDIL, Idea Cellular, Canara Bank, Exide Industries, Hindustan Zinc 21ST July 2014.
INDIAN BENCHMARKS end flat amid range bound trades
By : Simran Shah
INDIAN
EQUITY BENCHMARKS ended flat amid choppy trades after investors turned cautious
and booked profits at higher levels.
·
Further, Bajaj Auto lost 2.3% after weak first
quarter earnings. It has reported a flat growth in the first-quarter standalone
net profit at Rs 740 crore, due to higher expenditure including employee cost.
·
Mahindra and Mahindra Ltd fell 3.1 percent after
11.8 million shares changed hands in twenty-four block deals on the BSE
exchange.
The
crucial resistance for Nifty is now seen at 7665 and above this 7730.
Support for the immediate term is now placed at 7530 and next
support will be 7460.
INDIAN BENCHMARKS ended at a day’s high on RBI measures for infra bonds ...Nifty re-conquers 7600.
By : Simran Shah
INDIAN
EQUITY BENCHMARKS ended at a day’s high extending the rally for second
consecutive trading session after the Reserve Bank of India relaxed financing
norms for infrastructure development and affordable housing. RBI exempted
long-term bonds from mandatory regulatory norms like CRR and SLR if the money
raised is used for funding of infrastructure and affordable housing projects.
·
Further, Tata Communications plans to invest
US$200mn over a period of three years to double its data centre capacity in
India.
·
Federal Bank net profit in April-June more than
doubled to Rs. 220 crore from Rs. 106 crore in the corresponding period last
year on account of lower provisions for bad loans.
The
crucial resistance for Nifty is now seen at 7640 and above this 7665.
Support for the immediate term is now placed at 7530 and next
support will be 7460.
CS PERFORMANCE MESSAGE 04 JULY 2014
By : Simran Shah
STOCK FUTURES:
FUTURES INTRADAY:
UPL LTD FUTURES BUY CALL 3 TG
CESC FUTURES BUY CALL 3 TG
ALLAHABAD BANK FUTURES SELL CALL 3 TG
JAIN IRRIGATION FUTURES BUY CALL 2 TG
UNITED SPIRITS FUTURES SELL CALL 2 TG
VOLTAS LTD FUTURES SELL CALL 2 TG
PNB FUTURES SELL CALL COST EXIT
PREMIUM FUTURES:
UPL LTD FUTURES BUY CALL 2 TG
CESC FUTURES BUY CALL SL TRIGGERED
NIFTY FUTURES:
BANK NIFTY FUTURES SELL CALL 3 TG
NIFTY FUTURES SELL CALL 3 TG
NIFTY FUTURES BUY CALL 1 TG (BOOKED AT 7727)
OPTION:
UPL LTD 350 CALL BUY CALL 3 TG
OPTION PREMIUM:
STOCK CASH:
STOCK CASH INTRADY:
POLARIS BUY CALL 3 TG
LIBERTY SHOES BUY CALL 3 TG
FINOLEX CABLES BUY CALL 3 TG (BOOKED AT 209.40)
CESC BUY CALL SL TRIGGERED
STOCK CASH PREMIUM:
FINOLEX CABLES BUY CALL 1 TG (BOOKED AT 209.40)
LIBERTY
SHOES BUY CALL BOOKED AT 295.20INDIAN BENCHMARKS ends positive …financials & auto shares gain
By : Simran Shah
INDIAN
EQUITY BENCHMARKS ended positive amid day long choppy
trading session led by buying amongst financials and auto shares.
Further,
Shares of Bharti Airtel slumped by 3.57% after Credit Suisse downgrades the
stock to "underperform" from "neutral" and reduces the
target price to 265 rupees from 275 rupees, citing competition from rival Rel
Jio's, a unit of Reliance Industries. HDIL dipped 3% after
Nomura Singapore offloaded more than two million shares of the Mumbai-based
real estate firm through an open market transaction.
INDIAN BENCHMARKS record high closing… Nifty ends at 7416.
By : Simran Shah
INDIAN EQUITY BENCHMARKS ended at record
high as RBI's stance in the bi-monthly credit policy review is taken as
symbolic of good days ahead after the RBI governor Raghuram Rajan surprisingly
slashed the mandatory statutory liquidity ratio (SLR) requirement for banks by
50 basis points to 22.5%. However, on expected lines the governor left the repo
rate, unchanged at 8%.
Further, DLF rallied 4 percent that
finance ministry is likely to announce tax breaks for Real Estate Investment
Trust (REITs) in Budget. Shares of IPCA Labs were up 1.5% after the company
announced a partnership with US-based Oncobiologics.
The crucial resistance for Nifty is now
seen at 7420 and above this 7450. Support for the immediate term
is now placed at 7340 and next support will be 7320.
