UNIQUE IDEAS: May 2016

The stock broke its support of 80 levels which is working well from last eight weeks and gave the lowest daily close of last forty three trading sessions. In the April series it failed to cross and hold above 92 zones and started witnessing selling pressure. It has a tendency of witnessing selling pressure at every minor attempt to bounce back. Thus we are recommending selling the stock on bounce back move with the strict stop loss of 85 for the downside target of76 levels.

BUY AMARARAJA BATTERIES

AMARA RAJA BATTERIES: BUY

STOP LOSS; Rs 920

TARGET: Rs 985

The stock has been consolidating in a range but the supports are shifting to higher levels. At the being of series it was respecting to the support of 920 and now the support shifted to 931 levels. It is witnessing short covering and a hold above 936 may take the stock higher towards 985 levels.

BUY ASHOK LEYLAND

ASHOK LEYLAND: BUY

STOP LOSS: Rs 100

TARGET: Rs 107.50

The stock held onto its multiple supports around its 100 zones at its 50 DMA on daily and weekly chart even after profit booking being witnessed in the broader market. The overall trend of the stock is intact to positive and has been respecting to its 35 weekly moving average on closing basis from last two years. Thus a positive move towards 107.50 and higher levels cannot be ruled out

BUY MARICO

MARICO: BUY

STOP LOSS: Rs 245

TARGET: Rs 265

The stock surpassed its hurdle of 255 after taking support at its 50 Day exponential moving average and is moving higher from last three sessions. The positive move in the stock is intact even after profit taking witnessed in the broader market. It is rising upside continuously and respecting its 13 weekly moving average on closing basis from last twenty five weeks. It snapped the losses made in previous week by more than 38.5% Fibonacci retracement levels.

JACKPOT CALL

SELL ICICIBANK TARGET 226-224
CMP 229.40

BTST AXIS TARGET ACHIEVED

BTST AXIS BANK TARGET ACHIEVED @ 505
LONG ON 497

BANK NIFTY LEVEL

BANK NIFTY NEXT LELVEL 16730-16680-16620

GOOD MORNING

HAPPY PROFIT DAY

Wednesday, 11 May 2016

NEWS FLASH

GOVERNMENT LIKELY TO PLAN DELAYING AUCTION OF VIJAY MALLAYA S JET

SOUTH INDIAN BANK NPA AT 2.89% VS 1.80%

SOUTH INDIAN BANK Q4

SOUTH INDIAN BANK Q4 PAT AT RS.73 CR VS RS 16.3 CR YOY

VAKRANGEE Q4

VAKRANGEE Q4 PAT RS 111 CR VS RS 76.2 CR QoQ

SHREE CEMENT HITS 52 WEEK HIGH

SHREE CEMENT HITS 52 WEEK HIGH TODAY
STOCK UP 30% IN LESS THAN THREE MONTHS

APRIL SERVICE TAX

APRIL SERVICE TAX COLLECTION AT RS 18650 CR UP 27.9%

ASIAN PAINTS Q4

ASIAN PAINTS Q4 PAT UP 20.5% AT RS 410 CR VS RS 340 CR YOY

SELL ZINC

SELL ZINC MAY AROUND 126.30
TARGET 125.50-125
SL 127

BTST BUY MARICO

BTST BUY MARICO @ 255
TARGET 259-264
SL 249

BTST BUY AXIS BANK

BTST BUY AXIS BANK 497
TARGET 505-515
SL 488

SELL COPPER

SELL COPPER JUN 314.70
TARGET 312.7-312
SL 316.50

ORDER WIN

PNC INFRA WINS ORDER WORTH RS 140 CR FOR AIRPORT RUNWAY CONTRACT IN U.P

TARGET ACHIEVED IN KOTAK BANK

TARGET ACHIEVED IN KOTAK BANK @ 732

ORIENTAL BANK OF COMMERCE

ORIENTAL BANK OF COMMERCE Q4 PAT RS 21.6 CR VS ESTIMATED LOSS OF 61.2CR

SELL TATA STEEL

SELL TATA STEEL FUT @ 328
TARGET 323.70-322
SL 333

TAX TAMASHA

MAURITIUS INVESTORS TO BE TAXED FROM APRIL 2017

RUPEE OPENS

RUPEE OPENS AT 66.80 PER DOLLAR, SLIPS BY 13 PAISE

SELL NIFTY FUT

SELL NIFTY FUT 7863
TARGET 7827-7800
SL 7901

BUY JUST DIAL

BUY JUST DIAL MAY 703
TARGET 715-728
SL 689

BUY MARKSANS

BUY MARKSANS PHARMAAS MUCH AS YOU CAN @ 50
TARGET EXPECTED HIT UPPER CIRCUIT

GOOD MORNING

HAPPY PROFIT DAY

Tuesday, 10 May 2016

sultan teaser

ZEE ENT

ZEE ENT PAY DIVIDEND OF RS 2.25 PER SHARE

DCM SHRIRAM Q4

DCM SHRIRAM Q4 PAT RS 51.16 CR VS 40.10 CRYOY

REPCO HOME FINANCE Q4

REPCO HOME FINANCE Q4 TOTAL INCOME AT RS 240 CR VS 190 CR YOY

ZEE ENT Q4

ZEE ENT Q4 NET PROFIT RS 261 CR

DELHI HIGH COURT

TO HEAR MARANS KAL AIRWAYS PLEA AGAINST SPICEJET ON MAY 18

SML ISUZU

SML ISUZU TO PAY RS 8 / SHARE AS DIVIDEND

SML ISUZU Q4 PAT

SML ISUZU Q4 PAT UP BY 30.7% AT RS 16.6CR VS 12.7 CR YOY

GRASIM TARGET ACHIEVED

GRASIM TARGET ACHIEVED AT 4245

DHAMPUR SUGAR Q4

DHAMPUR SUGAR Q4 PAT RS 112 CR VS 75.2 CR YOY

BTST BUY KSCL

BATST BUY KSCL 405
TARGET 412-418
SL 397

EID PARRY

EID PARRY Q4 PAT UP 67.3% AT RS 231 CR VS RS 138 CR YOY

BTST ACC

BTST BUY ACC 1460
TARGET 1475-1490
SL 1442

BUY SILVER JULY

BUY SILVER JULY AROUND 40740
TARGET 41140
SL 40500

BUY REL INFRA

BUY REL INFRA 547
TARGET 557-565
SL 534

BTST GRASIM

BTST BUY GRASIM 4172
TARGET 4210-4245
SL 4145

UJJIVAN FINANCIAL LIST TODAY

UJJIVAN FINANCIAL LIST AT 231.90 UP BY 10% OVER ISSUE PRICE OF 210

Ujjivan Financial lists at Rs 231.90/sh, up 10% over issue price

Read more at: http://www.moneycontrol.com/news/ipo-new-listings/ujjivan-financial-lists-at-rs-23190sh10-over-issue-price_6596401.html?utm_source=ref_article

Ujjivan Financial lists at Rs 231.90/sh, up 10% over issue price Ujjivan Financial Services was listed at the exchanges at Rs 231.90 per share up, 10.4 percent over its issue price of Rs 210 per share. Price band for microfinance player's offer was fixed at Rs 207-210 and was open for subscription from April 28-May 2

Read more at: http://www.moneycontrol.com/news/ipo-new-listings/ujjivan-financial-lists-at-rs-23190sh10-over-issue-price_6596401.html?utm_source=ref_article