DAILY COMMODITY MARKET STRATEGY-3rd JUNE 2014
BASE METAL WRAP: Copper rose as Chinese manufacturing grew at the fastest pace in five months. The Standard & Poor’s 500 Index advanced to close at a record for a third straight day.
ENERGY WRAP: West Texas Intermediate swung between gains and losses amid speculation that crude stockpiles fell from a near-record high in the U.S., the world’s biggest oil consumer. Brent was steady in London.
PRECIOUS METAL WRAP: Gold held near a four-month low as signs that the U.S. economy is improving drove advances in the dollar and equities, eroding demand for alternative investments.
GLOBAL EVENTS TO WATCH: Non-Manufacturing PMI, HSBC Final Manufacturing PMI, Cash Rate, RBA Rate Statement, Construction PMI, CPI Flash Estimate y/y, Factory Orders m/m, IBD/TIPP Economic Optimism, Total Vehicle Sales.
http://www.capitalstars.com/bullion.php
ENERGY WRAP: West Texas Intermediate swung between gains and losses amid speculation that crude stockpiles fell from a near-record high in the U.S., the world’s biggest oil consumer. Brent was steady in London.
PRECIOUS METAL WRAP: Gold held near a four-month low as signs that the U.S. economy is improving drove advances in the dollar and equities, eroding demand for alternative investments.
GLOBAL EVENTS TO WATCH: Non-Manufacturing PMI, HSBC Final Manufacturing PMI, Cash Rate, RBA Rate Statement, Construction PMI, CPI Flash Estimate y/y, Factory Orders m/m, IBD/TIPP Economic Optimism, Total Vehicle Sales.
http://www.capitalstars.com/bullion.php
INDIAN EQUITY MARKET OUTLOOK-03rd JUNE 2014
INDIAN BENCHMARK open on a positive note. Rate-sensitive sectors such as banking and realty will be in focus ahead of RBI’s Monetary Policy review today. Tata Motors reported 24% decline in total vehicle sales to 37,525 units last month.
FURTHER, The Indian Overseas Bank IOB plans to raise a little over Rs10bn through a Qualified Institutional Placement (QIP), public issue, rights issue, preferential issue. Bharti Airtel is poised to conclude a much-anticipated deal to sell its towers in Africa in seven days, which could help the world's fourth-largest telecom operator rake in as much as US$3 bn and help reduce debt
Trend in FII flows: The FIIs were net buyers of Rs 2977cr in the cash segment on Monday while the DIIs were net sellers of Rs. 148cr, as per the provisional figures released by the NSE.
http://www.capitalstars.com/stockcash.php
FURTHER, The Indian Overseas Bank IOB plans to raise a little over Rs10bn through a Qualified Institutional Placement (QIP), public issue, rights issue, preferential issue. Bharti Airtel is poised to conclude a much-anticipated deal to sell its towers in Africa in seven days, which could help the world's fourth-largest telecom operator rake in as much as US$3 bn and help reduce debt
Trend in FII flows: The FIIs were net buyers of Rs 2977cr in the cash segment on Monday while the DIIs were net sellers of Rs. 148cr, as per the provisional figures released by the NSE.
http://www.capitalstars.com/stockcash.php
INDIAN EQUITY MARKET WRAP UP-2nd JUNE 2014
INDIAN BENCHMARKS ended higher… Nifty above 7,350.
INDIAN EQUITY BENCHMARKS closed with bumper gains as it gained steadily throughout the day. Investor will keenly watch the RBI policy announcement on tomorrow. Indian HSBC Purchasing Managers' Index (PMI) rose marginally to 51.4 points in May from 51.3 points in April.
Further, Tata Power has commissioned its second solar power project of 25 MW capacity at Palaswadi in Maharashtra. Maruti Suzuki India surged nearly 2% after total sales in May 2014 rose 19.2% to 1,00,925 units compared with 84,677 units in May 2013 driven by the compact segment.
The crucial resistance for Nifty is now seen at 7370 and above this 7500. Support for the immediate term is now placed at 7240 and next support will be 7200.
INDIAN EQUITY BENCHMARKS closed with bumper gains as it gained steadily throughout the day. Investor will keenly watch the RBI policy announcement on tomorrow. Indian HSBC Purchasing Managers' Index (PMI) rose marginally to 51.4 points in May from 51.3 points in April.
Further, Tata Power has commissioned its second solar power project of 25 MW capacity at Palaswadi in Maharashtra. Maruti Suzuki India surged nearly 2% after total sales in May 2014 rose 19.2% to 1,00,925 units compared with 84,677 units in May 2013 driven by the compact segment.
The crucial resistance for Nifty is now seen at 7370 and above this 7500. Support for the immediate term is now placed at 7240 and next support will be 7200.
CS ROCKING PERFORMANCE OF THE DAY-02nd JUNE
FUTURES INTRADAY:
ANDHRA BANK FUTURES BUY CALL 3 TG
SYNDICATE BANK FUTURES BUY CALL 3 TG
PFC FUTURES BUY CALL 2 TG
INDIA CEMENTS FUTURES BUY CALL 2 TG
BHARAT FORGE FUTURES BUY CALL 1 TG
CANARA BANK FUTURES BUY CALL 1 TG
CESC FUTURES BUY CALL 1 TG
JUBILANT FOOD FUTURES BUY CALL BOOKED AT 1254
PREMIUM FUTURES:
SYNDICATE BANK FUTURES BUY CALL 3 TG
JUBILANT FOOD FUTURES BUY CALL 3 TG (BOOKED AT 1254)
BHARAT FORGE FUTURES BUY CALL SL TRIGGERED
NIFTY FUTURES:
BANK NIFTY FUTURES BUY CALL 3 TG
NIFTY FUTURES BUY CALL 3 TG
OPTION:
BHARTI AIRTEL 350 CALL BUY CALL 3 TG
RELIANCE AIRTEL 500 CALL BUY CALL 3 TG
L&T 1600 CALL BUY CALL 3 TG
STOCK CASH INTRADY:
INDIAN OVERSEAS BANK BUY CALL 3 TG
IGL BUY CALL 2 TG (BOOKED AT 334.70)
INDIA CEMENTS BUY CALL 1 TG
SKS MICROFINANCE BUY CALL 1 TG
STOCK CASH PREMIUM:
JUBILANT FOOD BUY CALL 2 TG
http://www.capitalstars.com/services.php
TOP CORPORATE NEWS-02nd JUNE 2014
Financial Technologies posts net loss of Rs 371.25 cr in Q4
Financial Technologies India reported a net loss of Rs 371.25 crore for the quarter ended March 31, 2014 due to lower sales and provisions made for doubtful loans and advances. It had reported a net profit of Rs 87.81 crore in the year-ago period.
L&T surges on robust Q4 numbers
L&T reported 69% growth in net profit for the quarter ended March on the back of improved operational performance, higher sales and an exceptional income of Rs 484 crore from dilution of its stake in L&T Finance.
Maruti Suzuki gains after May sales rise 19%
Maruti Suzuki surged nearly 2% after total sales in May 2014 rose 19.2% to 1,00,925 units compared with 84,677 units in May 2013 driven by the compact segment
Power Grid Corporation gains on strong Q4 results
Power Grid Corporation has surged 3.6% after reporting a jump of 6% in net profit at Rs 1,175.8 crore for the quarter ended March 31 as against a net profit of Rs 1,109.4 crore during the same quarter in the previous year.
http://www.capitalstars.com/stockcash.php
Financial Technologies India reported a net loss of Rs 371.25 crore for the quarter ended March 31, 2014 due to lower sales and provisions made for doubtful loans and advances. It had reported a net profit of Rs 87.81 crore in the year-ago period.
L&T surges on robust Q4 numbers
L&T reported 69% growth in net profit for the quarter ended March on the back of improved operational performance, higher sales and an exceptional income of Rs 484 crore from dilution of its stake in L&T Finance.
Maruti Suzuki gains after May sales rise 19%
Maruti Suzuki surged nearly 2% after total sales in May 2014 rose 19.2% to 1,00,925 units compared with 84,677 units in May 2013 driven by the compact segment
Power Grid Corporation gains on strong Q4 results
Power Grid Corporation has surged 3.6% after reporting a jump of 6% in net profit at Rs 1,175.8 crore for the quarter ended March 31 as against a net profit of Rs 1,109.4 crore during the same quarter in the previous year.
http://www.capitalstars.com/stockcash.php
DAILY COMMODITY MARKET STRATEGY-02nd JUNE 2014
BASE METAL WRAP: Copper futures capped the longest slump in four weeks amid concern that demand will slow in China, the world’s biggest metals consumer.
ENERGY WRAP: West Texas Intermediate crude rose for the second time in three days after manufacturing expanded at the fastest pace this year in China, the world’s second-biggest oil consumer. Brent advanced in London.
PRECIOUS METAL WRAP: Gold extended its biggest weekly drop since March after the Standard & Poor’s 500 Index climbed to a record and hedge funds pared bets on a rally in the metal at the fastest pace this year as demand for a haven declined.
GLOBAL EVENTS TO WATCH: Building Approvals m/m, German Prelim CPI m/m, Manufacturing PMI, Treasury Sec Lew Speaks, Final Manufacturing PMI, ISM Manufacturing PMI, Construction Spending m/m, ISM Manufacturing Prices.
http://www.capitalstars.com/bullion.php
ENERGY WRAP: West Texas Intermediate crude rose for the second time in three days after manufacturing expanded at the fastest pace this year in China, the world’s second-biggest oil consumer. Brent advanced in London.
PRECIOUS METAL WRAP: Gold extended its biggest weekly drop since March after the Standard & Poor’s 500 Index climbed to a record and hedge funds pared bets on a rally in the metal at the fastest pace this year as demand for a haven declined.
GLOBAL EVENTS TO WATCH: Building Approvals m/m, German Prelim CPI m/m, Manufacturing PMI, Treasury Sec Lew Speaks, Final Manufacturing PMI, ISM Manufacturing PMI, Construction Spending m/m, ISM Manufacturing Prices.
http://www.capitalstars.com/bullion.php
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AGRI
COMMODITY |
BULLIONS
COMMODITY |
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CS
CHANA (JUNE) OVERVIEW:
TREND
CONSOLIDATE
SUP1:2790
SUP2:2740
RESIST1:2955
RESIST2:3020
TRADING
STRATEGY: SELL ON RISE
CAPITALSTARS.COM
+919200099927 +919977499927 |
CS
COPPER (JUNE) OVERVIEW:
TREND
CONSOLIDATE
SUP1:
409
SUP2:405
RESIST1:414
RESIST2:419
TRADING
STRATEGY: BUY ON DIPS
CAPITALSTARS.COM
+919200099927 |
|
CS
JEERA (JUNE) OVERVIEW:
TREND
CONSOLIDATE
SUP1:10900
SUP2:10710
RESIST1:11260
RESIST2:11460
TRADING
STRATEGY: SELL ON RISE
CAPITALSTARS.COM
+919200099927 |
CS
CRUDE (JUNE) OVERVIEW:
TREND
CONSOLIDATE
SUP1:6050
SUP2:6020
RESIST1:6200
RESIST2:6270
TRADING
STRATEGY: BUY ON DIPS
CAPITALSTARS.COM
+919200099927 |
|
CS
TURMERIC (JUNE) OVERVIEW:
TREND
CONSOLIDATE
SUP1:6110
SUP2:5950
RESIST1:6340
RESIST2:6400
TRADING
STRATEGY: SELL ON RISE
CAPITALSTARS.COM
+919200099927 |
CS
GOLD (JUNE) OVERVIEW:
TREND
BEARISH
SUP1:26400
SUP2:25240
RESIST1:27100
RESIST2:27530
TRADING
STRATEGY: SELL ON RISE
CAPITALSTARS.COM
+919200099927 |
|
CS
SOYABEAN (JUNE) OVERVIEW:
TREND
CONSOLIDATE
SUP1:4500
SUP2:4425
RESIST1:4670
RESIST2:4755
TRADING
STRATEGY: SELL ON RISE
CAPITALSTARS.COM
+919200099927 |
CS
SILVER (JULY) OVERVIEW:
TREND
BEARISH
SUP1:39300
SUP2:38500
RESIST1:40600
RESIST2:41500
TRADING
STRATEGY: SELL ON RISE
CAPITALSTARS.COM
+919200099927 |
INDIAN EQUITY MARKET OUTLOOK-02nd JUNE 2014
INDIAN BENCHMARK open on a flat note. The RBI monetary policy review on tomorrow will be watched out. L&T has soared by 4.2% after reported a net profit surged 69% to Rs 2723 crore on a 11% growth in gross revenue to Rs 20229 crore in Q4 March 2014 over Q4 March 2013.
FURTHER, Financial Technologies India reported a net loss of Rs 371.25 crore for the quarter ended March 31, 2014 due to lower sales and provisions made for doubtful loans and advances. NMDC has reported a standalone sales turnover of Rs 3,884.49 crore and a net profit of Rs 1,962.14 crore for the quarter ended Mar '14. Other income for the quarter was Rs 527.54 crore.
Trend in FII flows: The FIIs were net buyers of Rs 2977cr in the cash segment on Friday while the DIIs were net sellers of Rs. 458cr, as per the provisional figures released by the NSE.
http://www.capitalstars.com/stockcash.php
FURTHER, Financial Technologies India reported a net loss of Rs 371.25 crore for the quarter ended March 31, 2014 due to lower sales and provisions made for doubtful loans and advances. NMDC has reported a standalone sales turnover of Rs 3,884.49 crore and a net profit of Rs 1,962.14 crore for the quarter ended Mar '14. Other income for the quarter was Rs 527.54 crore.
Trend in FII flows: The FIIs were net buyers of Rs 2977cr in the cash segment on Friday while the DIIs were net sellers of Rs. 458cr, as per the provisional figures released by the NSE.
http://www.capitalstars.com/stockcash.php
WEEKLY EQUITY REPORT-26th MAY to 31st MAY 2014
WEEKLY FUNDAMENTAL SPEAKS
DALAL STREET FACE
INDIAN BENCHMARKS surged over 2% to end at record closing highs and the rupee hit 11- month highs in the week ended on hopes that the new government would announce significant reforms and bring back the economy on growth trajectory.
State Bank of India has reported fourth quarter net profit of Rs 3,041 crore, down 7.8 percent compared to Rs 3,299 crore in same quarter last year. ITC fourth quarter (January-March) net profit rising 18 percent year-on-year to Rs 2,276 crore, driven by higher revenue.
The INDIAN BENCHMARKS SENSEX ended 1.3 per cent up at 24693.35 and the 50-share NIFTY closed 1.3 percent up at 7367.10.
GLOBAL MARKET CHASE
ASIAN STOCKS were led higher by Japan with tentative signs of a more upbeat outlook for the region with China's manufacturing on a slight upswing and India's new government poised to focus on the economy.
U.S. STOCKS rose after official data revealed more new homes were sold in the U.S. in April than markets were expecting, a sign the once-battered housing sector continues to recover.
EUROPEAN STOCKS were lower, as investors eyed an upcoming report on German business climate.
WEEK AHEAD
INDIAN INDICES will be closely watching Narendra Modi taking the oath of office on Monday as India's next Prime Minister. The expiry of May derivative contracts on Thursday
will be in focus especially with respect to roll-overs to the June series.
Earnings will continue to be in focus with Canara Bank, Bharat Forge, JSW Steel, BHEL, and Coal India among the companies set to post earnings.
Further, the government will announce GDP for the fourth quarter ended March 31, 2014.
Contact Us: 0731-6669900 , 6790000
For More Detail Visit Us:
http://www.capitalstars.com/stockcash.php
DALAL STREET FACE
INDIAN BENCHMARKS surged over 2% to end at record closing highs and the rupee hit 11- month highs in the week ended on hopes that the new government would announce significant reforms and bring back the economy on growth trajectory.
State Bank of India has reported fourth quarter net profit of Rs 3,041 crore, down 7.8 percent compared to Rs 3,299 crore in same quarter last year. ITC fourth quarter (January-March) net profit rising 18 percent year-on-year to Rs 2,276 crore, driven by higher revenue.
The INDIAN BENCHMARKS SENSEX ended 1.3 per cent up at 24693.35 and the 50-share NIFTY closed 1.3 percent up at 7367.10.
GLOBAL MARKET CHASE
ASIAN STOCKS were led higher by Japan with tentative signs of a more upbeat outlook for the region with China's manufacturing on a slight upswing and India's new government poised to focus on the economy.
U.S. STOCKS rose after official data revealed more new homes were sold in the U.S. in April than markets were expecting, a sign the once-battered housing sector continues to recover.
EUROPEAN STOCKS were lower, as investors eyed an upcoming report on German business climate.
WEEK AHEAD
INDIAN INDICES will be closely watching Narendra Modi taking the oath of office on Monday as India's next Prime Minister. The expiry of May derivative contracts on Thursday
will be in focus especially with respect to roll-overs to the June series.
Earnings will continue to be in focus with Canara Bank, Bharat Forge, JSW Steel, BHEL, and Coal India among the companies set to post earnings.
Further, the government will announce GDP for the fourth quarter ended March 31, 2014.
Contact Us: 0731-6669900 , 6790000
For More Detail Visit Us:
http://www.capitalstars.com/stockcash.php
CS ROCKING PERFORMANCE OF THE DAY-30th MAY
FUTURES INTRADAY:
PFC FUTURES SELL 3 TG
M&M FUTURES BUY CALL 3 TG
ORIENTAL BANK FUTURES SELL CALL 2 TG
SUN TV FUTURES SELL CALL 2 TG
ONGC FUTURES BUY CALL 1 TG
PREMIUM FUTURES:
M&M FUTURES BUY CALL 3 TG
FUTURES:
BANK NIFTY FUTURES SELL CALL 3 TG
NIFTY FUTURES SELL CALL 1 TG
OPTION:
ADANIENT 460 CALL BUY CALL 3 TG
M&M 1200 CALL BUY CALL 3 TG
NTPC 150 CALL BUY CALL COST EXIT
STOCK CASH INTRADY:
MONNET ISPAT SELL CALL 3 TG
COX& KINGS SELL CALL 3 TG
ROLTA INDIA BUY CALL 1 TG (BOOKED AT 109.70)
STOCK CASH PREMIUM:
IGL BUY CALL 1 TG
http://www.capitalstars.com/services.php
INDIAN EQUITY MARKET WRAP UP-30th MAY 2014
INDIAN BENCHMARKS have a listless (down) closing… Nifty breaks 7,250.
INDIAN EQUITY BENCHMARKS ended the last session of the week and the first day of the June derivatives series on a monotonous, albeit (although) choppy note in the absence of any enthusing cues from the global front.
Further, Mahindra and Mahindra has reported a 0.9 percent growth in net profit of Rs 896.9 crore in the quarter ended March 2014, driven by tax reversal and income from sale of investments. Tata Chemicals lost 3.87% after the company reported a consolidated net loss of Rs 1225.72 crore in Q4 March 2014, higher than net loss of Rs 188.03 crore in Q4 March 2013.
The crucial resistance for Nifty is now seen at 7270 and above this 7325. Support for the immediate term is now placed at 7120 and next support will be 7060.
http://www.capitalstars.com/stockcash.php
INDIAN EQUITY BENCHMARKS ended the last session of the week and the first day of the June derivatives series on a monotonous, albeit (although) choppy note in the absence of any enthusing cues from the global front.
Further, Mahindra and Mahindra has reported a 0.9 percent growth in net profit of Rs 896.9 crore in the quarter ended March 2014, driven by tax reversal and income from sale of investments. Tata Chemicals lost 3.87% after the company reported a consolidated net loss of Rs 1225.72 crore in Q4 March 2014, higher than net loss of Rs 188.03 crore in Q4 March 2013.
The crucial resistance for Nifty is now seen at 7270 and above this 7325. Support for the immediate term is now placed at 7120 and next support will be 7060.
http://www.capitalstars.com/stockcash.php
TOP CORPORATE NEWS-30th MAY 2014
M&M posts Q4 profit at Rs 897 cr, tractor margin up 180 bps
Mahindra and Mahindra has reported a 0.9 percent growth in net profit of Rs 896.9 crore in the quarter ended March 2014, driven by tax reversal and income from sale of investments. Net profit in the year-ago period was Rs 889.2 crore.
Tata Motors Q4 profit at Rs 3918 crore
Tata Motors Ltd has posted a net profit after taxes, minority interest and share of profit of associates of Rs. 39182.90 million for the quarter ended March 31, 2014 as compared to Rs. 39454.70 million for the quarter ended March 31, 2013.
Tata Power Q4 net loss at Rs1453.30mn
Tata Power Company Ltd has posted a net loss after tax, minority interest and share of loss of associates of Rs. 1453.30 million for the quarter ended March 31, 2014 as compared to net profit of Rs. 1813.60 million for the quarter ended March 31, 2013.
DLF Q4 net profit at Rs2196.80 mn
DLF Ltd has posted a net profit of Rs. 2196.80 million for the quarter ended March 31, 2014 as compared to net loss of Rs. 41.90 mn for the quarter ended March 31, 2013.
http://www.capitalstars.com/stockcash.php
Mahindra and Mahindra has reported a 0.9 percent growth in net profit of Rs 896.9 crore in the quarter ended March 2014, driven by tax reversal and income from sale of investments. Net profit in the year-ago period was Rs 889.2 crore.
Tata Motors Q4 profit at Rs 3918 crore
Tata Motors Ltd has posted a net profit after taxes, minority interest and share of profit of associates of Rs. 39182.90 million for the quarter ended March 31, 2014 as compared to Rs. 39454.70 million for the quarter ended March 31, 2013.
Tata Power Q4 net loss at Rs1453.30mn
Tata Power Company Ltd has posted a net loss after tax, minority interest and share of loss of associates of Rs. 1453.30 million for the quarter ended March 31, 2014 as compared to net profit of Rs. 1813.60 million for the quarter ended March 31, 2013.
DLF Q4 net profit at Rs2196.80 mn
DLF Ltd has posted a net profit of Rs. 2196.80 million for the quarter ended March 31, 2014 as compared to net loss of Rs. 41.90 mn for the quarter ended March 31, 2013.
http://www.capitalstars.com/stockcash.php
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