Nifty Market Outlook 25-june-2015

Nifty levels:  

Nifty spot close @8360

Nifty future close @8333

Fantastic recovery from lower level, buying opportunity in leading sectors of stock market, banking, automobile, infrastructure realty etc, we have seen 8400 level today. Slight profit booking is obvious keep buying on dips.

Bank Nifty levels:  

Bank nifty spot close @18304

Bank nifty future close @18304

Good recovery from lower level buys above 17900 for the target of 18500-18600.

lMARKET COMMENTERY

 A sudden slide in late trade pushed key benchmark indices into the red from green. The sudden slide in late trade materialized after benchmark indices extended intraday gains in mid-afternoon trade. The trigger for the sudden slide in late trade was media reports that Greece's creditors have rejected the European nation's latest reform proposals. European stocks dropped after media reports suggested that Greece's creditors have not accepted the European nation's latest reform proposals. PSU bank stocks, steel shares and cement stocks dropped. The market breadth indicating the overall health of the market turned negative from positive in late trade. The barometer index, the S&P BSE Sensex, was provisionally off 143.47 points or 0.52% to 27,660.90. The BSE Small-Cap and Mid-Cap indices, both, slipped into the red from green in late trade.

STOCK BUZZ

1. Coal India reversed diretion after hitting 52-week high in intraday trade. The stock was off 1.12% at Rs 410.50. The stock hit a high of Rs 421.35 in intraday trade, which is a 52-week high for the counter. The stock hit a low of Rs 408.50 in intraday trade.

2. Tech Mahindra dropped on reports that a foreign brokerage has maintained its 'underweight' stance on the stock. The stock was off 1.72% at Rs 544.10. The stock hit a high of Rs 552 and a low of Rs 542 in intraday trade. The foreign brokerage reportedly said that growth challenges in Tech Mahindra's telecom industry vertical and its weak enterprise business will lead to lower earnings. The company's margins will surprise the consensus negatively going ahead, the brokerage added.

HOT PURSUIT

1. Meanwhile, concerns of a likely spike in food prices have receded due to above-average rains during the initial part of the June-September southwest monsoon season. For the country as a whole, the cumulative rainfall during this year's monsoon season was 21% above the Long Period Average (LPA) until 22 June 2015. Region wise, the southwest monsoon was 45% above the LPA in Central India, 35% above the LPA in South Peninsula, 3% above the LPA in East & Northeast India and 7% below the LPA in Northwest India until 22 June 2015.

2. Meanwhile, the summary of the electronic consultation with of the members of the Technical Advisory Committee on Monetary Policy released by Reserve Bank of India (RBI) yesterday, 23 June 2014, showed that all the seven members of the committee recommended a reduction in policy repo rate by the RBI at the Second Bi-monthly Monetary Policy Review, 2015-16 on 2 June 2015. Four members advocated a cut in repo rate by 25 basis points; two members suggested a 50 basis points reduction and one member proposed a reduction by 75 basis points. One of these members also recommended that the SLR should also be reduced by 50 basis points. It may be recalled that the RBI cut its benchmark lending rate viz. the repo rate by 25 basis points after the 2 June 2015 policy review.

OPTION STRATEGY

1. In today’s session we have seen call writing in nifty 8400 call so we can consider this as a strong resistance.

2. RELIANCE 1000 & 1020 CALLS were so active, stock is really in bullish move more rally is expected up to 1020.

3. ZEEL 340 calls were in action today, stock showed us gain from lower level, more buying above 340.

STOCKS TO WATCH

CIPLA:

Buy CIPLA above 620245 stock may show 660-670 in coming days.

AMBUJA:

Buy AMBUJA CEMENT above 231, stock may show 240/250 level in coming days. Below 231 major supports will be 223.

SBIN:

Buy SBIN as remain above 263 stock may show 280/290 level in coming days, below 263 major support 254.

TOP PICKS OF THE DAY

1. BUY ONGC ABOVE….? TGT…..?STOP LOSS……?

2. BUY GAIL ABOVE…..?...TARGET….?..STOPLOSS…?

3. SELL CANBK BELOW….? STOCK MAY SHOW 295/290 LEVEL IN COMING DAYS WITH STOP LOSS…?

Accurate Nifty and Bank Nifty Predictions for Today

Nifty levels:  

Nifty spot close @8174

Nifty future close @8156

Buying opportunity above 8100 index may show 8200-8250 level, consolidation is expected from lower level. 

Bank Nifty levels:  

Bank nifty spot close @17732

Bank nifty future close @17688

More buying is expected today, selling opportunity below 17600. We may see 17400-17300 level below 17600.

MARKET COMMENTERY

Refinery and pharma stocks led rally for key benchmark indices. The barometer index, the S&P BSE Sensex, reclaimed the psychological 27,000 level. The Sensex and the 50-unit CNX Nifty rose more than 1% each as per provisional figures. The market breadth indicating the overall health of the market was positive. The Sensex was provisionally up 286.62 points or 1.07% at 27,119.28. The BSE Small-Cap index was up 1.07%, matching the Sensex's gains in percentage terms. 

STOCK BUZZ

1. Punjab National Bank (PNB) shed 0.72%. With respect to news titled "PNB seeks to sell Electrotherm, Bharati Shipyard loans to ARCs", the state-run bank clarified during market hours today, 18 June 2015, that acceptance of deposits, disbursement of loans, settlement of non-performing assets (NPA) accounts under compromise or by sale under SARFAESI or through asset reconstruction companies (ARCs) etc irrespective of the value, are part of normal banking activities. The subject matter does not fall under clause 36 of the listing agreement to be reported to the stock exchanges, PNB said.

2. Yes Bank rose 0.77%. The bank cut its base rate by 25 basis points from 10.75% per annum to 10.5% per annum effective from 22 June 2015. The bank made announcement during market hours today, 18 June 2015. The reduction is a consequence of the recent term deposit rate cuts of upto 25 basis points carried out by the bank across various tenors which were made effective from 17 June 2015.

HOT PURSUIT 

1. Indian stocks edged higher today, 18 June 2015, after the US Federal Reserve said after the conclusion of a two-day monetary policy meeting yesterday, 17 June 2015, that its monetary-policy tightening would be gradual, easing concerns of a possible sudden outflows from emerging markets. There have been concerns that higher US interest rates will reduce the attraction of riskier emerging-markets assets. Higher interest rates in the United States will boost returns on US debt and bank deposits, drawing money back from riskier markets.

2. Meanwhile, the India Meteorological Department (IMD) said in its daily monsoon update issued yesterday, 18 June 2015, that the Southwest Monsoon was active over Gangetic West Bengal and Telangana during past 24 hours ending at 0830 hrs. Conditions are favourable for further advance of southwest monsoon into some more parts of Chhattisgarh, Odisha and West Bengal and remaining parts of Coastal Andhra Pradesh and Bay of Bengal during next 3 days, the IMD said.

OPTION STRATEGY

1. In today’s session we have seen call writing in nifty 8200 call so we can consider this as a strong resistance.

2. RELIANCE 1000 & 1020 CALLS were so active, stock is really in bullish move more rally is expected up to 1020. 

3. ZEEL 340 calls were in action today, stock showed us gain from lower level, more buying above 340. 

STOCKS TO WATCH

TATAPOWER:  

Selling opportunity below 74 stocks may show 71/68 level in coming days. Above 74 major resistances will be 77.

DISHTV:

Buy DISHTV above 110, stock may show 120/125 level in coming days. Below 110 major supports will be 105.

PFC: 

Selling seen on the card below 265, stock may show 245/235 levels in coming days. Though long term buyers can accumulate the stock from dips.

TOP PICKS OF THE DAY

1. BUY ONGC ABOVE….? TGT…..?STOP LOSS……?

2. BUY GAIL ABOVE…..?...TARGET….?..STOPLOSS…?

3. SELL CANBK BELOW….? STOCK MAY SHOW 295/290 LEVEL IN COMING DAYS WITH STOP LOSS…?

Free Nifty Market News and Predictions On Your Mobile

Nifty levels:  

Nifty spot close @8013

Nifty future close @8005

Buying opportunity above 7980 index may show 8100-8150 level, consolidation is expected from lower level. 

Bank Nifty levels:  

Bank nifty spot close @17410

Bank nifty future close @17396

Short covering was expected today, selling opportunity below 17600. We may see 16900-17100 level below 17600.

MARKET COMMENTERY

Expectations that above-average monsoon rain will improve the odds for further monetary policy easing from Reserve Bank of India (RBI) helped key benchmark indices register modest gains on the first trading session of the week today, 15 June 2015. But, benchmark indices pared gains during the latter part of the trading session after extending intraday gains in mid-afternoon trade as fears about possible Greek default pulled European stocks lower. 

 The barometer index, the S&P BSE Sensex, was provisionally up 144.24 points or 0.55% at 26,569.54. In percentage terms, the gains for the Sensex were higher than those for the Nifty. The Nifty was provisionally up 23.60 points or 0.3% at 8,006.50. The market breadth indicating the overall health of the market was positive.

STOCK BUZZ

1. Auto stocks were in demand. Tata Motors rose after reporting data on global wholesale volumes for May 2015. Shares of Vedanta fell while those of Cairn India edged higher after Vedanta and Cairn India yesterday, 14 June 2015, announced that Cairn India will be merged with Vedanta.

2. Axis Bank fell 3.24%. The Ministry of Urban Development after trading hours yesterday, 10 June 2015, announced that Axis Bank has decided to issue co-branded cards to the users of Kochi Metro for paying the fares. Axis Bank will issue co-branded cards to the users of Kochi Metro for paying the fares as well as using them for all kinds of merchandise including e-commerce, according to a statement from the Ministry of Urban Development. 

HOT PURSUIT

1. Meanwhile, the government's indirect tax revenue collections jumped 37.3% at Rs 49993 crore in May 2015 over May 2014, according to provisional figures released by the finance ministry after trading hours yesterday, 10 June 2015. Central excise collections jumped 84.2% at Rs 21809 crore in May 2015 over May 2014. Customs collections rose 16% to Rs 15700 crore in May 2015 over May 2014. Service Tax collections rose 13.2% at Rs 12484 crore in May 2015 over May 2014.

2. The India's industrial production rose at an accelerated pace of 4.1% in April 2015 over a year ago compared with the revised growth of 2.5% in March 2015. The growth in industrial production for March 2015 was scaled up to 2.5% in the first revision compared with 2.1% reported provisionally. Meanwhile, the growth in January 2015 has been revised slightly upwards to 2.83% in the second and final revision compared with 2.77% at the first revision and 2.55% released provisionally.

OPTION STRATEGY

1. In today’s session we have seen call writing in nifty 8100 call so we can consider this as a strong resistance.

2. BHEL 240 & 250 PUTS were so active, stock took profit booking from upper level. 

3. ZEEL 340 calls were in action today, stock showed us selling from upper level, more selling below 340. 

STOCKS TO WATCH

ICICIBANK:  

Selling opportunity below 294 stocks may show 284/278 level in coming days. Above 294 major resistances will be 300.

DISHTV:

Buy DISHTV above 98, stock may show 106/110 level in coming days. Below 98 major supports will be 94.

PFC: 

Selling seen on the card below 265, stock may show 245/235 levels in coming days. Though long term buyers can accumulate the stock from dips.

TOP PICKS OF THE DAY

1. BUY ONGC ABOVE….? TGT…..?STOP LOSS……?

2. BUY GAIL ABOVE…..?...TARGET….?..STOPLOSS…?

3. SELL CANBK BELOW….? STOCK MAY SHOW 295/290 LEVEL IN COMING DAYS WITH STOP LOSS…?

Nifty and Bank Nifty Market News For Todays

Nifty levels:  

Nifty spot close @8013
Nifty future close @8005

Buying opportunity above 7980 index may show 8100-8150 level, consolidation is expected from lower level. 

Bank Nifty levels:  
Bank nifty spot close @17410
Bank nifty future close @17396

Short covering was expected today, selling opportunity below 17600. We may see 16900-17100 level below 17600.

MARKET COMMENTERY

Expectations that above-average monsoon rain will improve the odds for further monetary policy easing from Reserve Bank of India (RBI) helped key benchmark indices register modest gains on the first trading session of the week today, 15 June 2015. But, benchmark indices pared gains during the latter part of the trading session after extending intraday gains in mid-afternoon trade as fears about possible Greek default pulled European stocks lower. 

The barometer index, the S&P BSE Sensex, was provisionally up 144.24 points or 0.55% at 26,569.54. In percentage terms, the gains for the Sensex were higher than those for the Nifty. The Nifty was provisionally up 23.60 points or 0.3% at 8,006.50. The market breadth indicating the overall health of the market was positive.

STOCK BUZZ

1. Auto stocks were in demand. Tata Motors rose after reporting data on global wholesale volumes for May 2015. Shares of Vedanta fell while those of Cairn India edged higher after Vedanta and Cairn India yesterday, 14 June 2015, announced that Cairn India will be merged with Vedanta.

2. Axis Bank fell 3.24%. The Ministry of Urban Development after trading hours yesterday, 10 June 2015, announced that Axis Bank has decided to issue co-branded cards to the users of Kochi Metro for paying the fares. Axis Bank will issue co-branded cards to the users of Kochi Metro for paying the fares as well as using them for all kinds of merchandise including e-commerce, according to a statement from the Ministry of Urban Development. 

HOT PURSUIT 

1. Meanwhile, the government's indirect tax revenue collections jumped 37.3% at Rs 49993 crore in May 2015 over May 2014, according to provisional figures released by the finance ministry after trading hours yesterday, 10 June 2015. Central excise collections jumped 84.2% at Rs 21809 crore in May 2015 over May 2014. Customs collections rose 16% to Rs 15700 crore in May 2015 over May 2014. Service Tax collections rose 13.2% at Rs 12484 crore in May 2015 over May 2014.

2. The India's industrial production rose at an accelerated pace of 4.1% in April 2015 over a year ago compared with the revised growth of 2.5% in March 2015. The growth in industrial production for March 2015 was scaled up to 2.5% in the first revision compared with 2.1% reported provisionally. Meanwhile, the growth in January 2015 has been revised slightly upwards to 2.83% in the second and final revision compared with 2.77% at the first revision and 2.55% released provisionally.

OPTION STRATEGY

1. In today’s session we have seen call writing in nifty 8100 call so we can consider this as a strong resistance.

2. BHEL 240 & 250 PUTS were so active, stock took profit booking from upper level. 

3. ZEEL 340 calls were in action today, stock showed us selling from upper level, more selling below 340. 

STOCKS TO WATCH

ICICIBANK:  

Selling opportunity below 294 stocks may show 284/278 level in coming days. Above 294 major resistances will be 300.

DISHTV:

Buy DISHTV above 98, stock may show 106/110 level in coming days. Below 98 major supports will be 94.

PFC: 

Selling seen on the card below 265, stock may show 245/235 levels in coming days. Though long term buyers can accumulate the stock from dips.

TOP PICKS OF THE DAY
BUY ONGC ABOVE….? TGT…..?STOP LOSS……?
BUY GAIL ABOVE…..?...TARGET….?..STOPLOSS…?
SELL CANBK BELOW….? STOCK MAY SHOW 295/290 LEVEL IN COMING DAYS WITH STOP LOSS…?

CapitalStars is a research house and an investment advisory company carrying out operations in the Indian Equities and commodity market. We generate intraday as well as delivery calls in Stock cash and F&O in NSE & BSE, Commodities including bullions, metals & Agro- commodities traded in MCX and NCDEX. CapitalStars provide recommendations Live through SMS & Chat room services. Our SMS facility is a very effective system which ensures the instant message delivery without any loss of time, so the clients get sufficient time to execute their trades in order to fetch maximum Profits.

 For more detail call: 9977499927 or visit us www.capitalstars.com

INDIAN BENCHMARKS & Agri Commodity News Updates

INDIAN BENCHMARKS  are likely to open on a cautious note as the SGX Nifty is trading 15 points lower.                                                       

                                                                                                   

Headlines for the day:
Sun TV tanks 25% as MHA denies security clearance.
Wockhardt drops on recalling 2 drugs in US.
Bank of Baroda dips on revising retail deposit rates                                                                                                                                                                                                             
Trend in FII flows: The FIIs were net sellers of Rs  -749.12 Cr in the cash segment on Monday while the DIIs were net buyers of Rs  529.82 Cr, as per the provisional figures released by the NSE.

Agri Commodity News

CS TURMERIC   (JULY) OVERVIEW:

TREND : MIXED TO BEARISH

RESIST 2:7810

RESIST 1:7660               

SUP1:7400

SUP2:7280

STRATEGY:  SELL ON RISE

CS SOYABEAN (AUGUST) OVERVIEW:

TREND : MIXED TO BEARISH

RESIST 2:3915

RESIST 1:3835

SUP1:3695

SUP2:3635

STRATEGY: SELL ON RISE

CS CHANA  (JULY) OVERVIEW:                          

TREND:  MIXED TO BEARISH

RESIST 2:4785

RESIST 1:4735

SUP1:4640

SUP2:4600

STRATEGY: SELL ON RISE

CS DHANIYA (JULY) OVERVIEW:

TREND :  MIXED TO BEARISH

RESIST 2:13220

RESIST 1: 12810             

SUP1:12110

SUP2:11820

STRATEGY: SELL ON RISE

WWW.CAPITALSTARS.COM +917316790000

CapitalStars is a research house and an investment advisory company carrying out operations in the Indian Equities and commodity market. We generate intraday as well as delivery calls in Stock cash and F&O in NSE & BSE, Commodities including bullions, metals & Agro- commodities traded in MCX and NCDEX. CapitalStars provide recommendations Live through SMS & Chat room services. Our SMS facility is a very effective system which ensures the instant message delivery without any loss of time, so the clients get sufficient time to execute their trades in order to fetch maximum Profits.

 For more detail call: 9977499927 or visit us www.capitalstars.com

INDIAN BENCHMARKS NEWS FOR TODAY

INDIAN BENCHMARKS  are likely to open on a subdued note as the global cues look mixed with SGX Nifty trading 37.50 points lower.

Headlines for the day:

Bajaj Finance to come up with Rs1400 crore QIP
Lupin gets USFDA approval of hypertension drug
Just Dial shelves plans to raise Rs1,000 crore, approves shares buy back

Trend in FII flows: The FIIs were net buyers of Rs  511.9 Cr in the cash segment on Thursday while the DIIs were net buyers of Rs  772.04 Cr, as per the provisional figures released by the NSE.

CapitalStars Financial Research Private Limited is an advisory company incepted with a vision of providing fair and accurate trading and investment calls in share and commodity market CapitalStars specialize in thorough fundamental and technical research analysis in equity and commodity market to provide best equity and commodity tips to traders and investors.we provide intraday as well as delivery stock tips in NSE and BSEand commodity tips in MCX and NCDEX.

For Any Query Feel Free to Contact Us... 9977499927 or visitwww.capitalstars.com

Today share Market News

NEW DELHI: Owner Reliance Communications BSE -1.09 % is holding talks on a possible take over of Sistema Shyam Teleservices (SSTL) in an all-stock deal. That could give the Russian-owned telco's share holders a stake of less than 10 per cent in the merged entity to start with. 

"Due diligence is currently on, and there is an effort to tie up details in the next two to three months," a person directly involved in the talks said.

However, Vladimir Yevtushenkov, the Russian billionaire owner of conglomerate Sistema, recently said that the company had held talks with other telecom operators in India, including Reliance Communications, for business expansion but nothing concrete had emerged.

Sistema JSFC holds nearly 57 per cent in Sistema Shyam, which offers telecom services under the MTS brand using CDMA technology in nine of India's 22 service areas to nearly nine millio .. 

CapitalStars Financial Research Private Limited is an advisory company incepted with a vision of providing fair and accurate trading and investment calls in share and commodity market CapitalStars specialize in thorough fundamental and technical research analysis in equity and commodity market to provide best equity and commodity tips to traders and investors.we provide intraday as well as delivery stock tips in NSE and BSEand commodity tips in MCX and NCDEX.

For Any Query Feel Free to Contact Us... 9977499927 or visit www.capitalstars.com

CapitalStars Updates: Sensex, Nifty hold early gains !!!

The market is in high spirits and is holding its early gains. The Sensex is up 247.91 points or 0.9 percent at 27353.30 and the Nifty is up 68.40 points or 0.8 percent at 8259.90. About 1306 shares have advanced, 396 shares declined, and 113 shares are unchanged. Metals, auto and pharma stocks are lending major support to the indices. 

Hindalco is up 3 percent while Hero, HDFC, Tata Steel and Bajaj Auto are top gainers. HUL is down 2 percent. Oil prices held steady in Asia today after an interest rate cut by China boosted demand hopes in the world's top energy consumer, while a healthy US jobs report also provided support, analysts said. US benchmark West Texas Intermediate for June delivery eased eight cents to USD 59.31 while Brent crude for June rose two cents to USD 65.41 in late-morning trade.

 China's central bank on Sunday cut its key rates by 25 basis points- after two similar moves since November, as it looks to support the world's number two economy, which grew last year at its slowest pace since 1990. The move is the latest stimulus by the People's Bank of China, which has also twice this year reduced the amount of cash lenders must keep in reserve.

CapitalStars Financial Research Private Limited is an advisory company incepted with a vision of providing fair and accurate trading and investment calls in share and commodity market CapitalStars specialize in thorough fundamental and technical research analysis in equity and commodity market to provide best equity and commodity tips to traders and investors.we provide intraday as well as delivery stock tips in NSE and BSEand commodity tips in MCX and NCDEX.

CAPITAL STARS PERFORMANCE MESSAGE

CS PERFORMANCE MESSAGE

BULLION  INTRADAY: CapitalStars

CRUDE OIL APRIL BUY CAL : 3^RD TG ACHIEVED

ALUMINIUM APRIL BUY CALL : 1^ST TG ACHIEVED

LEAD APRIL BUY CALL : SL TRIGGERED

AGRI  INTRADAY: CapitalStars

CHANA  MAY  BUY CALL : 1^ST TG ACHIEVED

AGRI PREMIUM : CapitalStars

JEERA MAY BUY CALL : SL TRIGGERED 

CapitalStars Financial Research Private Limited is an advisory company incepted with a vision of providing fair and accurate trading and investment calls in share and commodity market CapitalStars specialize in thorough fundamental and technical research analysis in equity and commodity market to provide best equity and commodity tips to traders and investors.we provide intraday as well as delivery stock tips in NSE and BSEand commodity tips in MCX and NCDEX.

For Any Query Feel Free to Contact Us... 9977499927 or visit www.capitalstars.com

AGRI COMMODITY MARKET UPDATES 15-04-2015

COMMODITY : CAPITALSTARS

CS TURMERIC   (MAY) OVERVIEW: CAPITALSTARS
TREND MIXED TO BEARISH
RESIST 2:8990
RESIST 1:8760                
SUP1:8390
SUP2:8250
STRATEGY: SELL ON RISE
WWW.CAPITALSTARS.COM +917316790000

CS SOYABEAN (JUNE) OVERVIEW: CAPITALSTARS
TREND MIXED TO BULLISH
RESIST 2:3775
RESIST 1:3735
SUP1:3635
SUP2:3575
STRATEGY: BUY ON DIPS
WWW.CAPITALSTARS.COM +917316790000

CS CHANA  (MAY) OVERVIEW: CAPITALSTARS                      
TREND  MIXED TO BULLISH
RESIST 2:4100
RESIST 1:4050
SUP1:3950
SUP2:3900
STRATEGY: BUY ON DIPS
WWW.CAPITALSTARS.COM +917316790000

CS DHANIYA (MAY) OVERVIEW: CAPITALSTARS
TREND  MIXED TO BEARISH
RESIST 2:9590
RESIST 1: 9425             
SUP1:9130
SUP2:9000      
STRATEGY: SELL ON RISE
WWW.CAPITALSTARS.COM +917316790000

CapitalStars Financial Research Private Limited is an advisory company incepted with a vision of providing fair and accurate trading and investment calls in share and commodity market CapitalStars specialize in thorough fundamental and technical research analysis in equity and commodity market to provide best equity and commodity tips to traders and investors.we provide intraday as well as delivery stock tips in NSE and BSEand commodity tips in MCX and NCDEX.

For Any Query Feel Free to Contact Us... 9977499927 or visit www.capitalstars.com

INDIAN BENCHMARK REPORT : CAPITALSTARS

INDIAN BENCHMARK are likely to open on a flat note as the global cues look subdued with SGX Nifty trading 6 points higher.           

 Results on April 16, 2015 : CapitalStars

GRUH Finance, TCS, IndusInd Bank, Mindtree 

 Headlines for the day: CapitalStars

Future Group looking at strategic investment and tie up with Bharti Retail

Sun Pharma, Israel university ink pact to develop anti-cancer drugs

Government has cut petrol price by 80 paise and Diesel prices by  Rs1.30

Trend in FII flows: The FIIs were net  buyers of Rs 108 Cr in the cash segment on Wednesday while the DIIs were net sellers of Rs  -60.18 Cr, as per the provisional figures released by the NSE.

CapitalStars Financial Research Private Limited is an advisory company incepted with a vision of providing fair and accurate trading and investment calls in share and commodity market CapitalStars we specialize in thorough fundamental and technical research analysis in equity and commodity market to provide best equity and commodity tips to traders and investors.we provide intraday as well as delivery stock tips in NSE and BSEand commodity tips in MCX and NCDEX.

For Any Query Feel Free to Contact Us... 9977499927 or visit www.capitalstars.com

AGRI COMMODITY MARKET UPDATE BY CAPITALSTARS

COMMODITY : CAPITALSTARS

CS TURMERIC   (MAY) OVERVIEW:
TREND MIXED TO BULLISH
RESIST 2:8840
RESIST 1:8730              
SUP1:8440
SUP2:8250
STRATEGY: BUY ON DIPS
WWW.CAPITALSTARS.COM +917316790000

CS SOYABEAN (JUNE) OVERVIEW: CAPITALSTARS

TREND MIXED TO BULLISH
RESIST 2:3645
RESIST 1:3620
SUP1:3570
SUP2:3540
STRATEGY: BUY ON DIPS
WWW.CAPITALSTARS.COM +917316790000

CS CHANA  (MAY) OVERVIEW:   CAPITALSTARS
           
TREND  MIXED TO BULLISH
RESIST 2:3990
RESIST 1:3955
SUP1:3865
SUP2:3815
STRATEGY: BUY ON DIPS
WWW.CAPITALSTARS.COM +917316790000

CS DHANIYA (MAY) OVERVIEW: CAPITALSTARS

TREND  MIXED TO BEARISH
RESIST 2:9755
RESIST 1: 9530          
SUP1:9165
SUP2:9025    
STRATEGY: SELL ON RISE
WWW.CAPITALSTARS.COM +917316790000

CapitalStars Financial Research Private Limited is an advisory company incepted with a vision of providing fair and accurate trading and investment calls in share and commodity market CapitalStars we specialize in thorough fundamental and technical research analysis in equity and commodity market to provide best equity and commodity tips to traders and investors.we provide intraday as well as delivery stock tips in NSE and BSEand commodity tips in MCX and NCDEX.

For Any Query Feel Free to Contact Us... 9977499927 or visit www.capitalstars.com

INDIAN BENCHMARK : CapitalStars

INDIAN BENCHMARK are likely to open on a flat note as the global cues look subdued with SGX Nifty trading 10 points higher.   

Events for the day: CapitalStars

• Wholesale Prices YoY
• VRL Logistics IPO opens today.

Major Headlines of the day: CapitalStars

• Torrent Pharma in talks to acquire Encore's derma business
• Gateway Distriparks aims to list rail unit by end of FY16
• Skipper set to expand PVC pipes capacity by 4x this fiscal

 Trend in FII flows: The FIIs were net  buyers of Rs 417.01 Cr in the cash segment on Monday while the DIIs were net buyers of Rs    46.42  Cr, as per the provisional figures released by the NSE.

CapitalStars Financial Research Private Limited is an advisory company incepted with a vision of providing fair and accurate trading and investment calls in share and commodity market CapitalStars we specialize in thorough fundamental and technical research analysis in equity and commodity market to provide best equity and commodity tips to traders and investors.we provide intraday as well as delivery stock tips in NSE and BSEand commodity tips in MCX and NCDEX.

For Any Query Feel Free to Contact Us... 9977499927 or visit www.capitalstars.com

TOP CORPORATE NEWS : CapitalStars

·         BHEL commissions 600 MW Thermal Unit in Chhattisgarh : CapitalStars

Bharat Heavy Electricals has successfully commissioned 600 MW thermal unit in Chhattisgarh. The unit was commissioned at Dainik Bhaskar Power's upcoming 2x600 MW thermal power project located at Dhabra in Janjgir Champa District of Chhattisgarh. This is the second unit of the power project, commissioned by Bhel. The first 600 MW unit was successfully commissioned by the Company in 2014.

·         CPI data for March 2014 expected at 5.44% : CapitalStars

CPI data  for March 2014 will be out on 13 March (Monday) and consensus estimates stands at 5.44% Vs 5.37% in Feb 2015.

·         SBI, HDFC cut home loan rate by 20bps-25 bps : CapitalStars

The country's two largest mortgage lenders SBI and HDFC Limited  has reduced their home loan rates for retail borrowers.  HDFC has brought down its lending rate by 20 basis points with effect from April 13 and following the reduction the company will extend loans at 9.9%.HDFCs cost of funds is likely to decline post reduction in base rate by banks and drop in wholesale borrowings rates and largely neutral for spreads. SBI too reduced home loan rates by upto 25 bps but for new borrowers hence may not have significant impact on NIMs.

·         TNPL plans to set up 30 MW power plant : CapitalStars

Tamil Nadu Newsprint and Papers Ltd (TNPL) is planning to set up a 30 mega watt (MW) power plant with an investment of around Rs150crore. It will cater to the upcoming Rs1,500crore multilayer paper board manufacturing plant, which is expected to be ready by the end of 2015. – Positive for TNPL.                                                                                                                                                                                                                                                   

·         RPP Infra bags new order from Hindustan Prefab; stk up : CapitalStars

RPP Infra Projects gained over 8%, touching to Rs162.9, after the company said it has bagged new order worth Rs46.53 crore from Hindustan Prefab an Government of India Enterprise.

The order is for construction of 2071 prefabricated toilet blocks for government schools in the state of Andhra Pradesh, RPP Infra Projects said.

·         Apollo Tyres commences construction in Hungary : CapitalStars

Apollo Tyres has commenced construction at its upcoming facility in Hungary. The company plans to invest Euro 442 million in Hungary and the production is expected to commence in early 2017. Positive for the company.

·         Maruti Suzuki targets growth of 11% in FY16 : CapitalStars

Maruti Suzuki has targeted a growth of 10-11% in domestic sales for FY16. Along with exports the company targets to sell 1.44million vehicles in FY16 which is in-line with our estimates.

The company has lined up a utility vehicles, a compact diesel car, a small commercial vehicle and a premium hatchback for launch during the year. Positive for the company.

·         Positive surprise on IIP, growth improves to 5% in Feb 2015rts production in Panipat Unit : CapitalStars

Industrial production grew at 5% in February, which was higher than market estimates and close to 18 month high.This was mainly on account of improvement in manufacturing activity (up 5.2% Vs 3.3% MoM), a rebound in consumer non-durables (10% Vs -0.1% MoM) and also due to a lower base effect. The pick in IIP suggests, revival in industrial segment which is key to improvement in economic growth.

·         Hero MotoCorp to launch a new scooter in July : CapitalStars

As per media reports, Hero MotoCorp is planning to launch a new metal body scooter in July 2015 which is targeted at the market leader Honda’s Activa. The company has delayed its motorcycle launch so as to focus on the scooter segment. The new scooter will have added features such as telescopic shock absorbers, digital console and integrated braking. View: The added focus of Hero MotoCorp on the scooter segment augurs well for the company. We continue to remain positive on the stock.