DAILY COMMODITY MARKET STRATEGY-11 JULY 2014

BASE METAL WRAP: 

Nickel prices slid on Thursday as inventories rose, giving investors a reminder of an overhang of material despite an Indonesian export ban. Copper rebounded after upbeat U.S. jobs data raised the prospect of higher demand for industrial metals.

ENERGY WRAP: 

West Texas Intermediate headed for a third weekly drop as Libya boosted its crude output and gasoline stockpiles expanded in the U.S., the world’s biggest oil consumer. Brent was steady in London.

PRECIOUS METAL WRAP: 

Gold held near a four-month high, heading for the longest run of weekly gains since March, as concern Europe’s economy remains vulnerable to shocks and rising tension in the Middle East boosted haven demand. Palladium traded near a 13-year high, set for a fourth weekly advance.

GLOBAL EVENTS TO WATCH: 

Unemployment Rate, Employment Change, Federal Budget Balance.

For more details call us to: 0731-6669900,6790000 
Click here: capitalstars.com

AGRI COMMODITY	BULLIONS COMMODITY
CS CHANA (AUGUST) OVERVIEW: TREND BEARISH SUP1:2740 SUP2:2695 RESIST1:2820 RESIST2:2925 TRADING STRATEGY: SELL ON RISE CAPITALSTARS.COM +919200099927 +919977499927	CS COPPER (AUG) OVERVIEW: TREND CONSOLIDATE SUP1:430 SUP2:425 RESIST1:439 RESIST2:443 TRADING STRATEGY: BUY ON DIPS CAPITALSTARS.COM +919200099927
CS JEERA (AUGUST) OVERVIEW: TREND CONSOLIDATE SUP1:11400 SUP2:11250 RESIST1:11700 RESIST2:11820 TRADING STRATEGY: BUY ON DIPS CAPITALSTARS.COM +919200099927	CS CRUDE (JULY) OVERVIEW: TREND CONSOLIDATE SUP1:6140 SUP2:6055 RESIST1:6260 RESIST2:6340 TRADING STRATEGY: SELL ON RISE CAPITALSTARS.COM +919200099927
CS TURMERIC (AUGUST) OVERVIEW: TREND CONSOLIDATE SUP1:6316 SUP2:6164 RESIST1:6480 RESIST2:6600 TRADING STRATEGY: SELL ON RISE CAPITALSTARS.COM +919200099927	CS GOLD (AUG) OVERVIEW: TREND CONSOLIDATE SUP1:28240 SUP2:27940 RESIST1:28840 RESIST2:29040 TRADING STRATEGY: BUY ON DIPS CAPITALSTARS.COM +919200099927
CS SOYABEAN (OCTOBER) OVERVIEW: TREND CONSOLIDATE SUP1:3660 SUP2:3590 RESIST1:3780 RESIST2:3870 TRADING STRATEGY: SELL ON RISE CAPITALSTARS.COM +919200099927	CS SILVER (SEPTEMBER) OVERVIEW: TREND CONSOLIDATE SUP1:44000 SUP2:43600 RESIST1:45500 RESIST2:44900 TRADING STRATEGY: BUY ON DIPS CAPITALSTARS.COM +919200099927

INDIAN EQUITY MARKET OUTLOOK-11 JULY 2014

INDIAN BENCHMARK were trading with marginal gains led by Infosys after the IT major's first quarter numbers were in-line with expectations.

FURTHER, Infosys today reported a consolidated net profit of Rs 2,886 crore compared to Rs 2,992 crore sequentially, a decrease of 3.6%. On a y-o-y basis, the company posted a 21.6% increase in its net profit. GMR Infrastructure rose after the company has approved the issue and allotment of 46.88 crore shares to eligible qualified institutional buyers at the issue price of Rs 31.50 per share.

Trend in FII flows: The FIIs were net buyers of Rs 192cr in the cash segment on Thursday while the DIIs were net buyers of Rs. 4cr, as per the provisional figures released by the NSE.

For more details call us to: 0731-6669900,6790000
Click here: capitalstars.com

CS ROCKING PERFORMANCE OF THE DAY

STOCK FUTURES:

FUTURES INTRADAY:
BHARAT FORGE FUTURES BUY CALL 3 TG
IRB INFRA FUTURES BUY CALL 3 TG
BIOCON FUTURES BUY CALL 3 TG
SYNDICATE BANK FUTURES SELL CALL 3 TG
BHARAT FORGE 2ND FUTURES BUY CALL 2 TG
AUROBINDO PHARMA FUTURES SELL CALL  1 TG

PREMIUM FUTURES:
IDFC FUTURES BUY CALL 3 TG
IRB FUTURES BUY CALL 3 TG
BANK OF INDIA FUTURES SELL CALL SL TRIGGERED

NIFTY FUTURES:
BANK NIFTY FUTURES BUY CALL 3 TG
NIFTY FUTURES SELL CALL 3 TG
BANK NIFTY FUTURES SELL CALL 2 TG
BANK NIFTY FUTURES 2ND SELL 2 TG
NIFTY FUTURES BUY CALL 1 TG

OPTION:
IDFC 140 CALL BUY CALL 3 TG
BANK NIFTY 15000 CALL BUY CALL 3 TG
NIFTY 7500 CALL BUY CALL 3 TG
IRB INFRA 250 CALL BUY CALL 2 TG
INFOSYS 3300 CALL BUY CALL 1 TG

OPTION PREMIUM:
IDFC 140 CALL BUY CALL 3 TG
HINDALCO 170 CALL BUY CALL 3 TG

STOCK CASH:

STOCK CASH INTRADY:
ARVIND LTD SELL CALL 3 TG
FRL SELL CALL 3 TG
IDFC LTD BUY CALL 3 TG
ADANI PORT BUY CALL 3 TG
BHARAT FORGE LTD BUY CALL 1 TG

STOCK CASH PREMIUM:
HEROMOTOCO SELL CALL 3 TG
HINDALCO BUY CALL 2 TG


For more details call us to: 0731-6669900,6790000
Click here: capitalstars.com

INDIAN EQUITY MARKET WRAP UP-10 JULY 2014

INDIAN BENCHMARKS ends on a negative note.

INDIAN EQUITY BENCHMARKS erased all its early gains and ended in the red on the back of profit booking.

Further, Hindalco Industries net profit declined 48.5% to Rs 248.15 crore on 20.9% growth in net sales to Rs 8359.85 crore in Q4 March 2014 over Q4 March 2013. JSW Steel reported quarterly crude steel production at 3.10 million tons for Q1 FY2014-15 showing a growth of 8% over the corresponding quarter of previous year.

The crucial resistance for Nifty is now seen at 7730 and above this 7810.Support for the immediate term is now placed at 7480 and next support will be 7540.


Highlights of the budget presented by Finance Minister Arun Jaitley

FISCAL DEFICIT
Accepts fiscal deficit target of 4.1 percent of GDP for 2014/15
Fiscal deficit seen at 3.6 percent of GDP in 2015/16
Tax-to- GDP ratio must be raised

GROWTH
Aims for sustained growth of 7-8 percent in the next 3-4 years
Finance minister says he is bound to usher in policies for higher growth, lower inflation

TAXATION
Aims to approve goods and services tax by end of this year
Will not change rules on retrospective taxation All pending cases of retrospective tax for indirect transfers to be examined by a high-level committee before action is taken
Proposes changes in transfer pricing mechanism

INVESTMENT
Raises limit on foreign direct investment in defence sector from 26 per cent to 49 per cent raises FDI limit in insurance sector to 49 percent Earmarks 70.6 billion rupees to create 100 'smart cities' Will provide the necessary tax changes to introduce real estate investment trusts and infrastructure investment trusts Proposes 40 billion rupees for affordable housing through national housing bank and extends tax incentives for housing loans

SUBSIDIES
Plans to make food and petroleum subsidies more targeted
Rural job-guarantee scheme, which provides 100 days of paid employment a year, will become more focused on asset creation Proposes 80 billion rupees for rural housing scheme

AGRICULTURE
Will focus on achieving 4 percent growths per year in agriculture Sets farm credit target at 8 trillion rupees for 2014/15 Proposes a long-term rural credit fund with an initial corpus of 50 billion rupees

NEWS TO WATCH :
Watch out for Quaterly Earning of  Infosys  on 11 July 2014.

For more details call us to: 0731-6669900,6790000
Click here: capitalstars.com

DAILY COMMODITY MARKET STRATEGY-10 JULY 2014

BASE METAL WRAP: 

China's copper imports fell 7.9 percent month-on-month in June, dropping as Chinese banks reduced lending for metals imports following a probe into an alleged metals fraud at Qingdao port.

ENERGY WRAP: 

West Texas Intermediate fell for a 10th day, the longest losing streak on record, after government data showed U.S. gasoline stockpiles expanded amid reduced demand in the world’s biggest oil user. Brent dropped in London.

PRECIOUS METAL WRAP: 

Gold held near the highest level in a week as the dollar fell after the U.S. Federal Reserve released minutes of its last meeting and tension increased in the Middle East, boosting demand for a haven. Palladium advanced to a 13-year high.

GLOBAL EVENTS TO WATCH: 

ECB President Draghi Speaks, Employment Change, Unemployment Rate, Trade Balance, Asset Purchase Facility, Official Bank Rate, MPC Rate Statement, Unemployment Claims, Wholesale Inventories m/m, Natural Gas Storage, 30-y Bond Auction.

For more details call us to: 0731-6669900,6790000 
Click here: capitalstars.com

BULLION COMMODITY	AGRI COMMODITY
CS COPPER (AUG) OVERVIEW: TREND CONSOLIDATE SUP1:430 SUP2:425 RESIST1:435 RESIST2:438 TRADING STRATEGY: BUY ON DIPS CAPITALSTARS.COM +919200099927	CS CHANA (AUGUST) OVERVIEW: TREND BEARISH SUP1:2740 SUP2:2695 RESIST1:2840 RESIST2:2925 TRADING STRATEGY: SELL ON RISE CAPITALSTARS.COM +919200099927 +919977499927
CS CRUDE (JULY) OVERVIEW: TREND BEARISH SUP1:6055 SUP2:5980 RESIST1:6130 RESIST2:6200 TRADING STRATEGY: SELL ON RISE CAPITALSTARS.COM +919200099927	CS JEERA (AUGUST) OVERVIEW: TREND CONSOLIDATE SUP1:11370 SUP2:11250 RESIST1:11700 RESIST2:11820 TRADING STRATEGY: BUY ON DIPS CAPITALSTARS.COM +919200099927
CS GOLD (AUG) OVERVIEW: TREND CONSOLIDATE SUP1:27300 SUP2:27100 RESIST1:27700 RESIST2:28000 TRADING STRATEGY: BUY ON DIPS CAPITALSTARS.COM +919200099927	CS TURMERIC (AUGUST) OVERVIEW: TREND CONSOLIDATE SUP1:6300 SUP2:6164 RESIST1:6450 RESIST2:6600 TRADING STRATEGY: SELL ON RISE CAPITALSTARS.COM +919200099927
CS SILVER (SEPTEMBER) OVERVIEW: TREND CONSOLIDATE SUP1:44000 SUP2:43600 RESIST1:45150 RESIST2:45700 TRADING STRATEGY: BUY ON DIPS CAPITALSTARS.COM +919200099927	CS SOYABEAN (OCTOBER) OVERVIEW: TREND CONSOLIDATE SUP1:3660 SUP2:3590 RESIST1:3780 RESIST2:3870 TRADING STRATEGY: SELL ON RISE CAPITALSTARS.COM +919200099927

INDIAN EQUITY MARKET OUTLOOK-10 JULY 2014

INDIAN BENCHMARK have opened flat after the sharp fall in the previous two sessions even as market participants adopted a wait-and-watch stance ahead of Finance Minister Arun Jaitley's maiden Budget presentation later today.

FURTHER, ITC is likely to remain in focus after Union health minister Harsh Vardhan urged Finance Minister Arun Jaitley to raise tax on cigarettes in the upcoming final Union Budget for 2014-15 to deter people from smoking. Sebi imposed a fine of Rs10.3mn on Apollo Tyres for allegedly failing to comply with buyback regulations.

Trend in FII flows: The FIIs were net buyers of Rs 192cr in the cash segment on Wednesday while the DIIs were net sellers of Rs. 265cr, as per the provisional figures released by the NSE.

Get Indian Stock Tips, Equity Tips and Share Market Tips with 2 days free trials.

For more details call us to: 0731-6669900,6790000
Click here: capitalstars.com

CS ROCKING PERFORMANCE OF THE DAY

STOCK FUTURES:

FUTURES INTRADAY:
AUROBINDO PHARMA FUTURES SELL CALL 3 TG
M&M FUTURES SELL CALL 3 TG
CANARA BANK FUTURES SELL CALL 3 TG
SUN TV FUTURES SELL CALL 3 TG
ADANIENT FUTURES BUY CALL 2 TG

NIFTY FUTURES:
NIFTY FUTURES SELL CALL 3 TG
NIFTY FUTURES BUY CALL 1 TG

OPTION:
AUROBINDO PHARMA 740 PUT BUY CALL 3 TG
MARUTI 2600 PUT BUY CALL 3 TG

STOCK CASH:

STOCK CASH INTRADY:
ADANI POWER SELL CALL 3 TG
KOLTE PATIL BUY CALL 3 TG
AUROBINDO PHARMA SELL CALL 3 TG
ONGC SELL CALL 1 TG
POLARIS FINANCIAL BUY CALL 1 TG

STOCK CASH PREMIUM:
M&M SELL CALL 2 TG
HDIL SELL CALL 1 TG

For more detail contact us: 0731-6790000,6669900
Click here: capitalstars.com

 

TOP CORPORATE NEWS-09 JULY 2014

IndusInd Bank turns volatile after Q1 earnings
IndusInd Bank lost 0.28% after net profit surged 25.74% to Rs 421.06 crore on 20.6% growth in total income to Rs 2873.68 crore in Q1 June 2014 over Q1 June 2013.

Indiabulls Real Estate rises after large bulk deal
Indiabulls Real Estate rose 0.89% after 2.29% equity changed hands in a bulk deal on BSE today, 9 July 2014.

Petronet LNG slips 6%, Barclays downgrades to underweight
Shares of Petronet LNG fell as much as 5.9 percent. Barclays has downgraded the stock to underweight from equal weight with an unchanged target price of Rs 150 as valuations are rich and the shares appear over-owned by foreign investors.

ITC gains as foreign brokerage maintains outperform rating
ITC rose 1.7% to Rs 341.50 after foreign brokerages maintained outperform rating on the stock with a target of Rs 400.

For more detail contact us: 0731-6790000,6669900
Click here: capitalstars.com

INDIAN EQUITY MARKET WRAP UP-09 JULY 2014

INDIAN BENCHMARKS slip on caution ahead of the Budget.

INDIAN EQUITY BENCHMARKS ended lower amid volatile trading session as the domestic and global investors turn cautious ahead of the Union Budget to be presented by the Finance Minister tomorrow in the Parliament.

Further, Shares of Tata Power dropped on reports that Tata Power and Reliance Power are betting big on renewable energy and are willing to spend about Rs 1,500 crore each on clean energy projects. ONGC Videsh raised US$2.23bn from global markets through long term bonds to refinance loans for acquiring stake in oil field in Mozambique.

The crucial resistance for Nifty is now seen at 7670 and above this 7730.Support for the immediate term is now placed at 7555 and next support will be 7510.

For more detail contact us: 0731-6790000,6669900
Click here: capitalstars.com

DAILY COMMODITY MARKET STRATEGY-09 JULY 2014

BASE METAL WRAP: 

Zinc prices rose to a 35-month high as inventories dwindled amid speculation that increasing auto sales in China and the U.S. will boost metal use.

ENERGY WRAP: 

West Texas Intermediate crude traded near the lowest price in more than a month before inventory data that may signal the strength of fuel demand in the U.S., the world’s biggest oil consumer. Brent was steady in London.

PRECIOUS METAL WRAP: 

Gold rose as a decline in equities and the dollar spurred demand for an alternative investment amid increased holdings in the largest exchange-traded fund. Palladium headed for the longest rally in 14 years.

GLOBAL EVENTS TO WATCH: 

CPI y/y, PPI y/y, Crude Oil Inventories, 10-y Bond Auction, FOMC Meeting Minutes.

For more details call us to: 0731-6669900,6790000 
Click here: capitalstars.com

BULLION COMMODITY	AGRI COMMODITY
CS COPPER (AUG) OVERVIEW: TREND CONSOLIDATE SUP1:431 SUP2:427 RESIST1:437 RESIST2:440 TRADING STRATEGY: BUY ON DIPS CAPITALSTARS.COM +919200099927	CS CHANA (AUGUST) OVERVIEW: TREND BEARISH SUP1:2740 SUP2:2695 RESIST1:2840 RESIST2:2925 TRADING STRATEGY: SELL ON RISE CAPITALSTARS.COM +919200099927 +919977499927
CS CRUDE (JULY) OVERVIEW: TREND BEARISH SUP1:6160 SUP2:6110 RESIST1:6290 RESIST2:6335 TRADING STRATEGY: SELL ON RISE CAPITALSTARS.COM +919200099927	CS JEERA (AUGUST) OVERVIEW: TREND BULLISH SUP1:11370 SUP2:11250 RESIST1:11700 RESIST2:11820 TRADING STRATEGY: BUY ON DIPS CAPITALSTARS.COM +919200099927
CS GOLD (AUG) OVERVIEW: TREND CONSOLIDATE SUP1:27300 SUP2:27100 RESIST1:27700 RESIST2:28000 TRADING STRATEGY: BUY ON DIPS CAPITALSTARS.COM +919200099927	CS TURMERIC (AUGUST) OVERVIEW: TREND CONSOLIDATE SUP1:6430 SUP2:6316 RESIST1:6830 RESIST2:7050 TRADING STRATEGY: BUY ON DIPS CAPITALSTARS.COM +919200099927
CS SILVER (SEPTEMBER) OVERVIEW: TREND CONSOLIDATE SUP1:44000 SUP2:43600 RESIST1:45150 RESIST2:45700 TRADING STRATEGY:BUY ON DIPS CAPITALSTARS.COM +919200099927	CS SOYABEAN (OCTOBER) OVERVIEW: TREND CONSOLIDATE SUP1:3690 SUP2:3660 RESIST1:3870 RESIST2:3945 TRADING STRATEGY: SELL ON RISE CAPITALSTARS.COM +919200099927

INDIAN EQUITY MARKET OUTLOOK-09 JULY 2014

INDIAN BENCHMARK have erased early gains and are trading lower weighed down by financials, capital goods and auto shares. The Economic Survey will be released today by the Finance Ministry at 12 pm.

FURTHER, IDFC fell 0.51% after the company reduced the foreign investors investment limit by 0.75% to 51.50%. Shares of Reliance Infrastructure Ltd was down 2% on reports that Telangana government entity has approved a restructuring plan by consultancy firm EY for a project that includes a 100-storey trade tower in Hyderabad.

Trend in FII flows: The FIIs were net buyers of Rs 192cr in the cash segment on Tuesday while the DIIs were net sellers of Rs. 399cr, as per the provisional figures released by the NSE.

For more details call us to: 0731-6669900,6790000
Click here: capitalstars.com

TOP CORPORATE NEWS-08 JULY 2014

Axis, Union Bank among 5 new entrants to UK banking space
Two banks from India Axis Bank and Union Bank are among the five new entities authorized to do banking business in the UK during the last fiscal, as per latest statistics released by the British regulators.

ONGC drops on buzz government may offload 5-10% stake
ONGC lost 4.11% on reports the government is planning to sell a 5 to 10% stake in state-run oil & gas exploration firm.

Cairn India drops along with crude oil price
Cairn India lost 1.89% as oil prices traded lower on reports that the militant insurgency hasn't spread to Iraq's south, the source of more than three-quarters of its oil output.

Siemens bags order worth Rs 52 crore from NTPC
Siemens has bagged an order worth Rs 52 crore from NTPC for supply of Distributed Control System to their power plant in Bihar.


For more details call us to: 0731-6669900,6790000
Click here: capitalstars.com

CS ROCKING PERFORMANCE OF THE DAY

STOCK FUTURES:

FUTURES INTRADAY:
ORIENTAL BANK FUTURES SELL CALL 3 TG
ONGC FUTURES SELL CALL 3 TG
M&M FUTURES SELL CALL 2 TG
IRB INFRA FUTURES BUY CALL 1 TG
SESA STERLITE FUTURES SELL CALL COST EXIT

PREMIUM FUTURES:
TATA STEEL FUTURES SELL CALL 1 TG

NIFTY FUTURES:
BANK NIFTY FUTURES SELL CALL 3 TG
NIFTY FUTURES SELL CALL 3 TG

OPTION:
YES BANK 540 PUT BUY CALL 2 TG
CIPLA 450 CALL BUY CALL 2 TG

STOCK CASH:

STOCK CASH INTRADAY:
ABAN OFFSHORE BUY CALL 3 TG
TEXMACO RAIL SELL CALL 3 TG
TEXMACO RAIL 2ND SELL CALL 3 TG
CIPLA BUY CALL 1 TG (BOOKED AT 460.65)

STOCK CASH PREMIUM:
FRL SELL CALL 3 TG
ABAN OFFSHORE BUY CALL 1 TG

For more details call us to: 0731-6669900,6790000
Click here: capitalstars.com