Todays Market Nifty  8287.75 (+83.75) (+1.02%)

Sensex 26999.72 (+259.33) (+0.97%)

Bank of Maharashtra to raise Rs.1,000 crore capital

Bank of Maharashtra will raise Rs 1,000 crore capital for growth and focus on home loan, small and medium enterprises (SME) and priority sector over the next two years.

Addressing shareholders at the 13th Annual General Meeting on Wednesday here, S. Muhnot, Chairman and Managing Director, said that over the next two years the bank would focus on cutting down its non-performing assets (NPA), expand its portfolios in home loan, SME and priority sectors.

"Containing the NPAs was a challenge for the entire banking sector due to the slippages in steel, power and infrastructure," he was quoted as saying in a statement issued by the bank. 

Market Updated 

Ahead Of expiry nifty hovering forty point  between  8240 and 8280 will it break 8330 or slide 8200..............

Top Trades Nifty Bank Nifty Nity IT  axis icici tata motors  minted in tons.........all Pharma  which we love blasted like rocket :::::::

Many successful traders may say they never predict, when what they may really mean is that they never EXPECT their prediction to come true. Thus they may say things like “I only react” when more accurately they are reacting… to a failed prediction. For, it is virtually impossible to trade without predicting. So, I say to all you new traders out there “Don’t be afraid to predict. Just know how likely it is that you’ll be wrong, and know what to do when your prediction fails!”

Todays Market Nifty 8204.00 (+76.15) (+0.94%)

Sensex 26740.39 (+215.84) (+0.81%)

(Auto stocks rise on hopes of higher sales

Hero MotoCorp (up 3.87%), Tata Motors (up 1.51%), Bajaj Auto (up 0.64%), SML Isuzu (up 1.14%), Escorts (up 0.57%), Ashok Leyland (up 0.2%), Maruti Suzuki India (up 1.28%), Mahindra & Mahindra (M&M) (up 0.54%) and TVS Motor Company (up 0.79%) edged higher. Eicher Motors slipped 0.29%.

The BSE Auto index was up 1.44% at 19,460.23. It outperformed the Sensex, which was up 0.76% at 26,727.22

The BSE Auto index had outperformed the market over the past 30 days till 28 June 2016, rising 1.39% compared with Sensexs 0.75% fall. The index had also outperformed the market in past one quarter, gaining 6.57% as against Sensexs 4.68% rise.

As per reports, the key recommendation of the 7th pay commission is a 23.55% increase in salaries, allowances and pension of central government employees and pensioners. This is built around the recommendation for a 14.27% hike in basic pay. This move will impact the remuneration of nearly 50 lakh central government employees and 58 lakh pensioners. The changes are likely to be implemented from 1 January 2016, reports indicated. The implementation of the pay commission will have a positive impact on auto sector as higher spending ability will boost consumption demand.)

Todays Market Nifty 8127.85 (+33.15) (+0.41%)

Sensex 26524.55 (+121.59) (+0.46%)

(Idea Cellular gains after issuing positive outlook)

On BSE, so far 11.73 lakh shares were traded in the counter as against average daily volume of 11.13 lakh shares in the past one quarter. The stock hit a high of Rs 105.10 and a low of Rs 101 so far during the day. The stock had hit a 52-week low of Rs 96.65 on 24 June 2016. The stock had hit a 52-week high of Rs 186.50 on 22 July 2015. The stock had underperformed the market over the past 30 days till 27 June 2016, falling 11.39% compared with 0.94% fall in the Sensex. The scrip also underperformed the market in past one quarter, declining 6.3% as against Sensexs 6.03% rise.

The large-cap company has equity capital of Rs 3600.80 crore. Face value per share is Rs 10.

Idea Cellular said in an analysts meet presentation submitted to the stock exchanges after market hours yesterday, 27 June 2016 that the company is gaining both revenue and traffic share in both mobile voice and data segments. The company further said that it is in the midst of building a wide and deep mobile broadband infrastructure. The company further said that there is a large potential for data penetration in India. The company also said that there is large headroom for new mobile subscriber additions in India

Idea Cellulars consolidated net profit fell 38.9% to Rs 575.63 crore on 12.7% growth in net sales to Rs 9462.57 crore in Q4 March 2016 over Q4 March 2015.

Idea Cellular is one of the leading telecom operators in India. It is a part of the Aditya Birla Group.

FIIs were net sellers in both cash market segment and in Index Futures. They sold equities to the tune of Rs. 146 crores. While in Index Futures they were net sellers of Rs. 287 crores with good amount of rise in open interest, indicating blend of short and long formation. 
On Index Options front, FIIs sold worth Rs. 404 crores with some rise in open interest. In Call option, 8150- 8300 strikes added decent amount of OI. We believe it’s more of writing in these call strikes and now 8150-8200 may act as wall of resistance for Nifty. Some unwinding was also visible in 7900 and 8000 strike prices, which may be covering of short positions. While in Put option, OI addition was seen in 8000-8100 strikes; these are mostly longs. . Rollovers in Nifty and BankNifty are on the higher side at 35.59% and 23.21% respectively.

L&T construction arm Wins Orders Valued Rs. 2416 Crores

The construction arm of L&T has won orders worth Rs. 2416 crores across various business segments in the month of June 2016.
The Building & Factories Business has won orders worth Rs. 1165 crores. A prestigious high rise residential project has been secured from a leading developer in Mumbai. The scope of work involves civil and structural works for the construction of two residential towers, each having 3 basements, 7 podiums, 66 floors and other ancillary buildings.

Another order has been bagged for the construction of a mixed use development (MUD) from a renowned customer in Kolkata. The scope involves civil and structural works for the construction of two towers of G+15 and G+7 floors respectively with 2 levels of common basement.

The business also secured add-on orders from various ongoing jobs.

The Power Transmission & Distribution Business has bagged orders worth Rs. 1120 crores in the domestic and international markets.

In the international market, a major engineering, procurement and construction order has been bagged from a reputed customer in the Middle East. The scope includes construction of a medium voltage overhead line which will enhance the reliability of the existing network.

On the domestic front, orders have been received from Paschimanchal Vidyut Vitaran Nigam Limited (PVVNL) in Uttar Pradesh.

The first order involves the construction of 33kV substations and associated lines in Ghaziabad, which falls under the Integrated Power Development Scheme (IPDS) while the second order involves rural electrification including feeder separation works in Meerut under the Deen Dayal Upadhyaya Gram Jyoti Yojana scheme (DDUGJY).

Additional orders have been also received as part of the contract variances.

The Smart World & Communication Business has won orders worth Rs. 131 crores which includes a new order from RajCOMP Info Services Limited, a government of Rajasthan undertaking, for establishing and commissioning command & control centres at Bikaner, Bharatpur and Jodhpur cities under the Surveillance and Incident Response Project.

Todays Market Nifty 8094.70 (+6.10) (+0.08%)

Sensex 26402.96 (+5.25) (+0.02%)

Todays Market Nifty  8088.60 (-181.85) (-2.20%)
  Sensex 26397.71 (-604.51) (-2.24%)

Market Update

Sun Pharma gains as good share buyback price attracts investors interest

Jun 24,2016

The announcement was made before market hours today, 24 June 2016.

Meanwhile, the S&P BSE Sensex was off 971.62 points or 3.8% at 26,030.60 slumping along with the carnage witnessed in world financial markets after Britain voted to leave the European Union (EU) results showed after Brexit Referendum.

On BSE, so far 5.76 lakh shares were traded in the counter as against average daily volume of 5.43 lakh shares in the past one quarter. The stock hit a high of Rs 765 and a low of Rs 734.10 so far during the day. The stock had hit a 52-week high of Rs 965.15 on 20 August 2015. The stock had hit a 52-week low of Rs 706.40 on 24 November 2015. The stock had underperformed the market over the past one month till 23 June 2016, falling 4.16% compared with Sensexs 7.02% rise. The scrip had also underperformed the market in past one quarter, declining 11.21% as against Sensexs 6.57% rise.

The large-cap company has equity capital of Rs 240.68 crore. Face value per share is Rs 1.

Sun Pharmaceutical Industries said that the company will buyback upto 75 lakh shares at a price of Rs 900 each. The buyback is being undertaken by the company to return surplus funds to the equity shareholders and thereby, enhancing the overall returns to shareholders. The buyback price is 19.73% premium to the closing price of Rs.751.70 yesterday, 23 June 2016. The record date for the buyback is 15 July 2016. The promoters of the company have indicated their intention to participate in the proposed buyback in such a manner that their aggregate shareholding percentage in the company will not fall below their current aggregate percentage shareholding.

Sun Pharmaceutical Industries (Sun Pharma) consolidated net profit rose 92.7% to Rs 1713.69 crore on 21.5% growth in net sales to Rs 7413.87 crore in Q4 March 2016 over Q4 March 2015.

Sun Pharmaceutical Industries is a specialty generic pharmaceutical company and Indias top pharmaceutical 

Nifty Recovered from low 7927

How many guys do you know who can accept being wrong?

How many guys do you know who can be wrong and lose money?

How many guys do you know who can be wrong. lose money and not feel bad?

How many guys do you know who can be wrong, lose money, not feel bad and reverse their position?

How many guys do you know who can be wrong, lose money, not feel bad, and reverse their position quickly?

Don’s point is that trading requires an unusual combination of emotional resilience (the ability to tolerate being wrong) and mental flexibility (the ability to use losses as information and quickly change one’s position in the markets).

Many people have a need to be right. That makes it difficult to quickly accept losses, and it makes it especially difficult to flip one’s views. The best traders don’t have a need to be right, and in fact they readily admit that there’s many times they’re wrong.

Have a Great Friday 

Todays Market Nifty  8270.45 (+66.75) (+0.81%)
  Sensex 27002.22 (+236.57) (+0.88%)

Forget BREXIT  Just Trade with Trading levels ,Nothing else.

RCom gains after ICRA upgrades outlook on long term rating
Jun 23,2016
The announcement was made after market hours yesterday, 22 June 2016.
Meanwhile, the BSE Sensex was down 13.36 points, or 0.05%, to 26,752.29.
On BSE, so far 17.38 lakh shares were traded in the counter, compared with an average volume of 22.17 lakh shares in the past one quarter. The stock hit a high of Rs 49.25 and a low of Rs 48.20 so far during the day. The stock hit a 52-week high of Rs 91.80 on 1 January 2016. The stock hit a record low of Rs 45.65 on 25 August 2015. The stock had underperformed the market over the past one month till 22 June 2016, falling 4.79% compared with Sensexs 5.79% rise. The scrip had also underperformed the market in past one quarter, dropping 8.18% as against Sensexs 5.67% rise.
The large-cap company has an equity capital of Rs 1244.49 crore. Face value per share is Rs 5.
Reliance Communications added that ICRA has also reaffirmed rating of A2+ for short-term fund based/non fund based limits and commercial papers of the company.
Reliance Communications (RCom) consolidated net profit fell 22.4% to Rs 177 crore on 1.8% decline in net sales to Rs 5579 crore in Q4 March 2016 over Q4 March 2015.

RCom is an integrated telecommunications service provider.

Time to Buy Pharma ?

Sun Pharma gains 2% ahead of board meet to mull buyback proposal As of March 2016, the pharma major has cash and cash equivalents of Rs 13,989.25 crore that increased significantly from Rs 10,998.04 crore on March 2015.

Market Update
Europe open Firm :FTSE +0.3%DAX +0.7%CAC40 +0.8%FTMIB +0.3%IBEX +0.6%

In China the SCI closed up +0.9% and CS1300 Index also up +0.9%
IPO mart ignores global mkt anxiety, Mahanagar Gas sees brisk buying
Rs 1,040 crore issue had received bids for 2,42,66,620 shares, which were 1.39 times the total issue size, data with stock exchanges BSE and NSE showed.

Tech Mahindra Limited, a leading provider of IT, Networks & Engineering solutions and BPO services announced the acquisition of The BIO Agency (BIO), headquartered in the UK. The BIO Agency specialises in digital transformation and innovation, helping organisations change the way they engage with their customers. 

Ranked as leaders in their field, The BIO Agency Team helps businesses change in the new customer centric digital world. Their “innovation and strategy first” approach, plus experienced frameworks and delivery processes create true differentiation for their clients. The BIO Agency services brands across Financial Services, Retail, Property, Travel, and Technology sectors and the acquisition will help them make sizeable inroads into the Fortune 100 / 500 Telecommunications and Enterprise clients of Tech Mahindra.

Textile policy announcement likely next week, not today: Srcs Former textile secretary Rita Menon is happy with higher targets expected in the policy. Incentives are needed for the government manufacturer, which will help pick up exports, says Rajendran R of Lakshmi Machine.

 

 

Updated for 22.06.2016 

Many successful traders may say they never predict, when what they may really mean is that they never EXPECT their prediction to come true. Thus they may say things like “I only react” when more accurately they are reacting… to a failed prediction. For, it is virtually impossible to trade without predicting. So, I say to all you new traders out there “Don’t be afraid to predict. Just know how likely it is that you’ll be wrong, and know what to do when your prediction fails!”

Traders turned cautious on Dalal Street on Tuesday as the index oscillated in a narrow 30-point range, forming a 'Small Bearish' candle or a small black candle on the daily candlestick charts.

The market remained tepid ahead of the Brexit vote, which is now only two days away. The only good news for traders was the fact that the Nifty50 closed above its crucial support level at 8,200.

A 'Small Bearish' candle is formed when the index trades lower, but within a  

 defined range, throughout the session. The length of the candle signifies the range for the day.

In general, the longer the candle, the more intense is the buying or selling activity. If the candles are short, just as the one we observed on the charts on Tuesday, it can be concluded that the trading action was subdued.

A short bearish candle is a neutral chart pattern. Analysts said traders should not take any decision based on the candlestick pattern formed on Tuesday  ..

 

	BUY	SELL	STOP
REC	167.5	170.8	166.25
RCOM	48.1	49.3	47.8
ADANI		206
LUPIN		1470
RELIANCE	981.5	995	976
TATA ELEXI		1819
ONGC		215.6	213.9
CEAT
JET AIRWAYS	565	588
TECH MAHINDRA	529	536	527
INFY		1235

strictly for enternal 

view in Asian Paints . 

Advisory : Short term trend in the stock is flat to negative .
Support on the downside for the stock comes at 877.
A break below these levels we could a see a 2-3 % correction
Resistance on the up side comes at 886/896 levels .
Cmp 883 .

Quick Heal Tech inches up after launching cyber security consulting services

Jun 21,2016

The announcement was made after market hours yesterday, 20 June 2016.

Meanwhile, the S&P BSE Sensex was down 23.90 points or 0.09% at 26,843.02.

On BSE, so far 43,000 shares were traded in the counter as against average daily volume of 2.73 lakh shares in the past one quarter. The stock rose as much as 2.1% at the days high of Rs 273.80 so far during the day. The stock rose 0.41% at the days low of Rs 269.25 so far during the day. The stock had hit a record high of Rs 329.95 on 18 February 2016. The stock had hit a record low of Rs 180 on 29 February 2016. The stock had outperformed the market over the past one month till 20 June 2016, advancing 11.31% compared with Sensexs 6.19% rise. The scrip had also outperformed the market in past one quarter, surging 21.06% as against Sensexs 7.67% rise.

Quick Heal Technologies announced that it has launched Seqrite Services to offer cyber security consulting and Quick Heal Academy to impart cyber security education programs, globally.

On consolidated basis, Quick Heal Technologies net profit rose 63.7% to Rs 37.82 crore on 26.3% growth in net sales to Rs 131.44 crore in Q4 March 2016 over Q4 March 2015.

Quick Heal Technologies is one of the leading providers of security software products and solutions in India.

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Todays Market Nifty 8238.50 (+68.30) (+0.84%) Sensex 26866.92 (+241.01) (+0.91%)

(Defence stocks gain after govt allows FDI in defence sector of upto 100%

The government made the announcement during market hours today, 20 June 2016.

Meanwhile, the S&P BSE Sensex was up 240.76 points or 0.9% at 26,866.67.

Reliance Defence Engineering (up 8.37%), Bharat Forge (up 3.32%), Bharat Electronics (up 2.49%), Centum Electronics (up 0.11%), L&T (up 2.01%), Astra Microwave Products (up 4.25%), Punj Lloyd (up 2.97%), BEML (up 3.7%), Taneja Aerospace & Aviation (up 5.17%), Tata Power Company (up 1.56%) and Walchandnagar Industries (up 6.42%) edged higher.

Todays profit

TECHM-4250 PER LOT
TCS-9150 PER LOT
NIFTY-750 PER LOT
BHARTI-6228 PER LOT

IT companies are rocking 

TCS from 2516 ......to 2651.95    Tech mahindra moving towards 560  

  

Buy Equitas Holding 

CMP 174 Target form 12 month is 235

Booked Partial profit in Bharti 

Now ,Without Strategy & Trading levels……………….Not possible to Mint Money.

Traders Should Know

1. OPTIMISM – It all starts with a hunch or a positive outlook leading us to buy a stock.

2. EXCITEMENT – Things start moving our way and we get giddy inside. We start to anticipate and hope that a possible success story is in the making
.
3. THRILL – The market continues to be favorable and we just can’t help but start 
to feel a little “Smart.” At this point we have complete confidence in trading system

4. EUPHORIA – This marks the point of maximum financial risk but also maximum financial gain. Our investments turn into quick and easy profits, so we begin to ignore the basic concept of risk We now start trading anything that we can get our hands on to make a buck.

5. ANXIETY – Oh no – it’s turning around! The markets start to show their first signs of taking your “hard earned” gains back. But having never seen this happen, we still remain ultra greedy and think the long-term trend is higher.

6. DENIAL – The markets don’t turn as quickly as we had hoped. There must be something wrong we think to ourselves. Our “long-term” view now shortens to a near-term hope of an improvement.

7. FEAR – Reality sets in that we are not as smart as we once thought. Instead of being confident in our trading we become confused. At this point we should get out with a small profitand move on but we don’t for some stupid reason.

8. DESPERATION – All gains have been lost at this point. We had our chance to profit and missed it. Not knowing how to act, we attempt to do anything that will bring our positions back into the black.

9. PANIC – The most emotional period by far. We are clueless and helpless. At this stage we feel like we are at the mercy of the market and have absolutely no control.

10. CAPITULATION – We have reached our breaking point and sell our positions at any price. So long as we can get out of the market to avoid bigger losses we are content.

11. DESPONDENCY – After exiting the markets we do not want to buy stocks ever again. The markets are not for us and should be avoided like the plague. However, this rare point marks the point of maximum financial opportunity.

12. DEPRESSION – We drink, cry and/or pray. How could we have been so dumb we think to ourselves. Some start to correctly look back and 

Top six companies add Rs 22,459 crore in market valuation; TCS shines

Six of the top-10 most valued Indian companies together added Rs 22,459 crore in market valuation in the past week, with IT major TCS leading the pack.

While TCS, HDFC Bank, ITC, CIL, HUL and Sun Pharmawitnessed rise in their market capitalisation (m-cap) for the week ended Friday; RIL, Infosys, HDFC and ONGC suffered losses.

The m-cap of TCS surged Rs 8,384.17 crore to Rs 5,13,000.91 crore, emerging as the biggest gainer among the top-10 firms.

ITC's valuation zoomed Rs 6,437.77 crore to Rs 2,89,337.33 crore and that of CIL climbed Rs 3,916.15 crore to Rs 1,97,923.28 crore.

The m-cap of HDFC Bank rose by Rs 2,025.39 crore to Rs 2,96,011.19 crore and of HUL jumped by Rs 1,406.74 crore to Rs 1,90,657.13 crore.

Sun Pharma added Rs 288.8 crore to Rs 1,78,769.24 crore.

In contrast, ONGC's valuation declined by Rs 6,373.84 crore to Rs 1,80,178.62 crore.

The m-cap of RIL fell by Rs 778.19 crore to Rs 3,15,570.92 crore and of Infosys dipped Rs 574.24 crore to Rs 2,70,648.99 crore.

HDFC lost Rs 404.72 crore to Rs 1,94,110.90 crore from its m-cap.

In the ranking of top-10 firms, TCS remained at the number one position followed by RIL, HDFC Bank, ITC, Infosys, CIL, HDFC, HUL, ONGC and Sun Pharma.

Thank you for your supoort to our country Mr Raghuram rajan

      Latest News

Textiles Minister dedicates five Solarised Community Centres and 100 Shelter Homes for benefit of wool growers in Ladakh

Jun 18,2016

The Union Textiles Minister Shri Santosh Kumar Gangwar dedicated five Solarised Community Centre and 100 shelter homes for the benefit of the nomads (wool-growers) involved in Pashmina sheep rearing, in very hard conditions; in Ladakh region.

The Minister, while interacting with the nomads announced that all other kinds of help in respect of marketing of raw pashmina and linking pashmina products with tourism would be facilitated by Government of India.

The Minister also informed that during the last two years, animal productivity (average pashmina yield) has gone up by 9.30%. He said that mortality of livestock has come down and critical rural infrastructure has been created under the scheme during this period, in remote and nomadic areas, situated mostly in border areas. Shri Gangwar noted that the health and body weight of animals have improved, socio-economic status of Pashmina breeders has improved and returns from Pashmina wool have gone up. The Minister said that Pashmina development schemes have ultimately resulted in increase profitability to herders engaged in Pashmina goat rearing, making it extremely popular among the livestock-rearing nomads of the Ladakh region.

Background

Honble Prime Minister Shri Narendra Modi during his visit to Leh on 12th August, 2014, announced Pashmina Promotion Programme (P-3) with additional financial assistance of Rs. 30 crore for improving quality and quantity of pashmina wool as well as living standards of nomads (wool growers) of Ladakh region.

Consequently, the Ministry of Textiles developed the Pashmina Promotion Programme (P-3) for these purposes, which was launched by Honble Minister of State for Textiles (Independent Charge), Shri Santosh Kumar Gangwar in October 2014; the Minister also laid the foundation stone for a Pashmina Dehairing Plant building at Leh on the occasion.

Under this Programme, financial assistance is being provided under different components like Creation of Common Pashmina Facilitation Centre for Wool testing, Disease Surveillance Centre, Geographic Information System (GIS) Lab, Shelter for Nomads, Portable Electric Units for Handloom Spinning/Weaving, Solarised Community Centres, Open Fodder enclosures, Distribution of Foundation Stock (male & female goats) to farmers and construction of Shelter for Housing of Pashmina animals.  Powered by angel 

Todays Market Nifty 8140.75 (-65.85) (-0.80%)
Sensex 26525.46 (-200.88) (-0.75%)

Todays Market Nifty 8206.60 (+97.75) (+1.21%)
Sensex 26726.34 (+330.63) (+1.25%)

 Todays Market Nifty 8108.85 (-1.75) (-0.02%)
 Sensex 26395.71 (-1.06) (-0.00%)

Todays Market Nifty 8170.05 (-33.55) (-0.41%)
Sensex 26635.75 (-121.71) (-0.48%)

Todays Market Nifty 8203.60 (-69.45) (-0.84%)
Sensex 26763.46 (-257.20) (-0.95%)

Todays Market Nifty 8273.05 (+6.60) (+0.08%)
Sensex 27020.66 (+10.99) (+0.04%)

Todays Market Nifty 8266.45 (+65.40) (+0.80%)
Sensex 27009.67 (+232.22) (+0.87%)

Ahead of RBI policy 

Tomorrow Crucial Level  for NIFTY 8230/8130  closing basis

Things That kill your Trading success

Not having a plan. Get a plan, who cares if it is bad, start with something. You can build off of it and refine it. You have to be willing to spend the time to make the plan yours. You do not start anything without some level of planning. Trading is hard; your brain spends a lot of time in fast forward, affecting your memory. You can slow it down by having a plan and increase your brains ability to remember.

Thinking trading is easy. It is not, there are times when it can be slightly less difficult after a lot of time, patience, and hard work. When I think to myself “this is easy” I lose my sharpness. My focus is adverted from my goal. I will lose. It may not be on that trade but maybe the next.

Thinking you have finished. There is only one thing that every trade is guaranteed to give me: a chance to learn about myself, the market, and the interaction between the two. You have to be willing to be relentless in your learning. It will enable you to learn the cheapest

Todays Market Nifty 8220.80 (+1.85) (+0.02%)
Sensex 26843.03 (-0.11) (-0.00%)

Todays Market Nifty 8218.95 (+39.00) (+0.48%)
Sensex 26843.14 (+129.21) (+0.48%)

Todays Market Nifty 8179.95 (+19.85) (+0.24%)
Sensex 26713.93 (+45.97) (+0.17%)