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Showing posts with label Share Market Tips. Show all posts
Showing posts with label Share Market Tips. Show all posts

Friday, 15 February 2019

Turmeric futures (Apr) is expected to gain further towards 6405 taking positive cues from the spot markets.

Traders at the markets in Erode evinced interest in buying the new turmeric. On Thursday, the arrival of new turmeric increased to 1,500 bags. Regarding the prices, root variety decreased in all the markets due to quality, while good numbers of finger turmeric were sold. Jeera futures (Mar) is expected to rally towards 15920 levels, taking support near 15675. Spot jeera prices continued to rule steady at major markets in Gujarat in limited trade on matching demand and supply. This season, Gujarat has witnessed lower sowing, but due to cool weather persisting for a longer time, the yields are expected to get better. In Rajasthan, the climatic conditions are also proving to be beneficial for the standing crop & hence the production is likely to be higher. Coriander futures (Apr) is expected to face resistance near 6420 levels. Spot coriander prices are trading with a bearish bias at major markets in Gujarat, Madhya Pradesh and Rajasthan due to heavy arrivals from the ample old stocks. While, prices quoted lower at major markets in Gujarat due to increased arrivals & having higher moisture content. On the other hand, there was no report of new crop arrival in Madhya Pradesh.

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Thursday, 7 February 2019

closing bell

DAILY NIFTY SMART MOVERS 


SCRIPTS PRICE VOLUME (IN 000�S) PRE. CLOSE CHANGE (%) CHANGE (Rs.)
Vodafone Idea 32.70 3917.85 29.80 9.73 2.90
Ashok Leyland 87.60 3142.05 82.50 6.18 5.10
Zee Entertainment 408.90 891.38 387.95 5.40 20.95
REC 124.75 547.47 119.00 4.83 5.75
Sun Pharma Inds. 434.00 1200.24 415.40 4.48 18.60


DAILY NIFTY TOP LAGGARDS

SCRIPTS PRICE VOLUME (000�S) PRE. CLOSE CHANGE (%) CHANGE (Rs.)
Cummins India 769.75 76.63 801.15 -3.92 -31.40
Lupin 821.75 217.42 841.95 -2.40 -20.20
JSW Steel 272.85 323.95 279.30 -2.31 -6.45
Reliance Industries 1290.20 739.96 1309.85 -1.50 -19.65
Tata Power 69.30 340.43 70.20 -1.28 -0.90


BEST CALL OF THE DAY (FINAL TG )

HNI OPTION 


BUY SUN PHARMA CALL 430 FINAL TGT 

FUTURE PREMIUM 

BUY SIEMENS FUT FINAL TGT 

CASH PREMIUM 

BUY DIVIS LAB IN CASH FINAL TGT (05TH FEB)

CPE

BUY TVS MOTOR FUT ALMOST FINAL TGT 

HNI FUTURE

BUY ICICI PRULI FUT FINAL TGT 

HNI CASH 

BUY MOTHERSUMI IN CASH BOOKED 50%



Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance. CapitalStars Investment Adviser: SEBI Registration Number: INA000001647
 

For more details call on 9977499927 or visit our website www.capitalstars.com

Wednesday, 6 February 2019


MCX Updates


BULLION - MCX Gold and Silver may note some decline tracking cues from international exchange however downside is limited. COMEX gold trades weaker near $1310/oz after a 0.4% decline yesterday. Gold is under pressure amid some profit taking after recent rally to April 2018 highs. Gains in US dollar and ETF outflows have put pressure on gold price. Demand in Indian markets is also expected to weaken amid higher price while Chinese buying may slowdown post Lunar New year holidays. Reports of Venezuela�s gold sales have also fuelled concerns about distress sales amid economic uncertainty. The US dollar index trades little changed near 96.4 levels after a 0.3% gain yesterday. The US dollar is supported by concerns about health of European economies amid disappointing economic data and Brexit uncertainty. Australian dollar has also weakened against US dollar amid central bank�s dovish stance. While Fed has become patient on rate hikes, it is still upbeat on the economy. Federal Reserve Chairman Jerome Powel was quoted stating that the US economy is now in a good place. Gold holdings with SPDR ETF fell by 2.1 tonnes to 809.76 tonnes amid some profit taking after recent rally. However, supporting gold is global uncertainty. Asian equity markets trade largely lower today after a flat close in US markets yesterday. Market players continue to remain wary about US-China trade talks, Brexit uncertainty and possibility of another government shutdown and mixed economic data from major economies.

ENERGY- Crude Oil- MCX Crude may note mixed trade in line with international market but overall bias is on the upside. NYMEX crude trades in a narrow range near $54 per barrel after a 0.7% gain yesterday. US EIA weekly report was mixed to positive. EIA noted a 1.263 million barrels increase in US crude oil stocks as against expectations of 1.4 mn bbl rise. EIA also noted a smaller than expected rise in gasoline stocks and a bigger than expected decline in distillate stocks. US crude production was however steady at record high level of 11.9 million barrels per day. Also supporting price is OPEC�s adherence to production cuts and supply concerns relating to Venezuela. According to Azerbaijan's energy minister, OPEC and its allies will probably extend their oil-cuts agreement later this year to keep prices at "comfortable" levels. US sanctions on Venezuela are expected to reduce exports by at least 500,000 bpd. However, weighing on crude price is gains in US dollar, choppiness in equity market and demand concerns amid mixed US and Chinese economic data and uncertainty about US-China trade, Brexit and another government shutdown. The US dollar has strengthened amid concerns about European economies amid disappointing economic data and Brexit. Crude has rallied sharply in last few weeks but is now struggling to gain traction amid lack of fresh cues. We expect choppy trade to continue amid lack of fresh cues but buying could emerge at lower levels on back of OPEC�s production cuts.

Natural Gas- MCX Natural gas may note mixed trade in line with international market but overall bias remains weak. NYMEX natural gas trades marginally higher near $2.68/mmBtu after a flat close yesterday. Natural gas has seen some recovery from April 2018 lows amid position squaring ahead of inventory report. EIA is expected to note a 231 Bcf decline in gas stocks as against 5-year average decline of 150 Bcf. A bigger than average decline is positive for price as it will widen the deficit however it has been factored in given the recent cold snap in US. Weighing on price is mixed weather forecast which will keep a check on heating demand. 

BASE METAL - Most metals on LME trade sideways to lower today after noting closing on a lower note yesterday. LME Zinc was the worst performer with 1.35% slide followed by 0.9% decline in Nickel prices and 0.8% slide in Aluminium prices. In other metals, Lead ended 0.6% lower however Copper continued its uptrend to end 0.7% higher.



Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance. CapitalStars Investment Adviser: SEBI Registration Number: INA000001647
 
For more details call on 9977499927 or visit our website www.capitalstars.com

Tuesday, 5 February 2019


mcx update

BULLION - MCX Gold and Silver may note mixed trade in line with international market however overall bias is still on the upside. COMEX gold trades in a narrow range above $1315/oz after flat close yesterday. Gold has turned rangebound amid lack of fresh cues. Stability in US dollar, firmness in US equity markets and ETF outflows is weighing on gold price. However, Fed�s dovish stance and global uncertainty has kept a floor to price. The US dollar index trades little changed near 96 levels after 0.2% gain yesterday. The US dollar has edged up amid concerns about European economies amid disappointing economic data and Brexit uncertainty. However, weighing on US dollar is mixed economic data and Fed�s patient stance on rate hikes. Dallas Fed President Robert Kaplan said he�s waiting on clarity about the US economic outlook before supporting further moves on interest rates. US equity markets are holding firm amid some upbeat corporate earnings challenges. However, global economic outlook is mired by uncertainty about Brexit, US-China trade deal and possibility of another US government shutdown. Gold holdings with SPDR ETF fell by 1.47 tonnes to 811.817 tonnes, indicating some profit taking. Gold is showing some signs of correction after failing to test $1330/oz levels. We expect choppy trade amid lack of fresh cues however overall bias is still positive as Fed�s stance will weigh on US dollar while global economic uncertainty will dampen risk sentiment

ENERGY- Crude Oil- MCX Crude may note mixed trade in line with international market but buy on dips is recommended. NYMEX crude trades in a narrow range above $53 per barrel after a 1.6% decline yesterday. Crude has fallen for last two days amid some profit taking after recent rally to the highest level since November 2018. Weighing on crude price is API weekly report which noted a bigger than expected 2.51 million barrels increase in US crude oil stocks and another increase in gasoline and distillate stocks. Also weighing on price is disappointing economic data from US and Europe which has rekindled demand concerns. Gains in US dollar have also put some pressure on crude oil price. However, supporting price is OPEC�s adherence to production cuts, decline in US crude oil rig count, supply concerns relating to Venezuela and continuing firmness in US equity market. Crude has rallied sharply in last few days and we are seeing some profit taking amid lack of fresh positive triggers. We are however maintaining buy on dips view amid general upbeat risk sentiment and OPEC�s commitment to production cuts. Focus today will be on US EIA weekly report which is expected to note a 1.4 million barrels increase in US crude oil stocks. Apart from stocks, focus will be on US crude production and refinery demand. Also in focus will be US economic data and development relating to US-China trade issue.

Natural Gas- MCX Natural gas may note some gains tracking cues from international exchange but upside is limited. NYMEX natural gas has gained more than 1% to trade near $2.7/mmBtu after a near flat close yesterday. Natural gas has edged up amid some dip buying after the sharp fall in last few days when it tested the lowest level since April 2018. Supporting gas price is expectations of a sharp drop in US gas stocks owing to recent cold snap in US. As per early estimates, EIA weekly report may note a 227 Bcf decline in gas stocks, biggest fall since Jan.2018. However, weighing on price is expectations of subdued demand going ahead as weather forecasts show mixed weather in coming days. Natural gas has fallen sharply in last few days and a rebound was anticipated however demand outlook is still weak and gains may not sustain.

BASE METAL - Base metals on LME trade sideways to higher today after noting mixed movement yesterday. LME Copper was the best performer with 1.05% gains followed by modest 0.2% rise in Aluminium prices. In other metals, however, Zinc, Nickel and Lead ended 2.1%, 1.7% and 1.2% lower respectively.



Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance. CapitalStars Investment Adviser: SEBI Registration Number: INA000001647
 

For more details call on 9977499927 or visit our website www.capitalstars.com

Wednesday, 30 January 2019


MCX updates

BULLION - MCX Gold and Silver may witness choppy trade in line with international market but bias may be on the upside. COMEX gold trades higher near $1320/oz and has tested the highest level since May 2018. Gold has gained support from weakness in US dollar post FOMC decision. The US dollar index trades little changed near 95.3 levels after 0.5% decline yesterday. The US dollar weakened as Fed changed its official stance from gradual rate hikes to patience on future rate hikes. Fed�s stance has fuelled market expectations that there may be no rate hike this year. In last few days, there have been reports that Fed may end its bond reducing program thereby increasing US dollar supply in market. Fed indicated no change to its bond plan however it showed willingness to be flexible has fuelled expectations that Fed�s next move could be ending bond reduction. Gold is also supported by mixed US and Chinese economic data and uncertainty about US-China trade talks. US-China will hold second day talks today but there is little hope of a major breakthrough. ETF inflows also show buying interest in gold. Gold holdings with SPDR ETF were unchanged at 828.868 tonnes, highest since June 2018. Gold may witness choppy trade as market players assess Fed�s stance and position for other events like US China trade talks and US non-farm payrolls however bias may be on the upside given weaker outlook for US dollar.

ENERGY- Crude Oil- MCX Crude may note some gains tracking cues from international exchange. NYMEX crude trades higher above $54 per barrel after yesterday�s 1.7% gain. Supporting crude price is EIA weekly report which noted a 0.919 million barrel increase in US crude oil stocks as against expectations of 3.1 mn bbl rise. EIA also noted an unexpected 2.235 mn bbl decline in gasoline stocks after sharp rise in last few weeks. US crude production was however steady at record high level of 11.9 million barrels per day. Also supporting crude price are supply concerns relating to Venezuela post US announcement of sanctions on Venezuela's state-owned oil co. PDVSA. Sanctions could reduce Venezuelan exports by about 500,000 bpd however it is likely that they will find other buyers in Asia. Crude has also benefited from Saudi and Russia�s support for production cuts. Russia Energy Minister Alexander Novak said Russia reduced oil output gradually in line with its pledge to the cartel and will try to increase the pace of reduction next month. Crude also gained support for weakness in US dollar post Fed�s announcement to be patient on rate hikes. Crude has managed to gains despite mixed US and Chinese economic data and uncertainty about US-China trade talks. China�s manufacturing PMI improved from a month earlier but held 50 levels indicating contraction in manufacturing activity. US ADP report showed a bigger than expected rise in jobs but pending home sales fell.

Natural Gas- MCX Natural gas may note mixed trade in line with international market however sell on rise is suggested. NYMEX natural gas trades marginally higher near $2.88/mmBtu after a 1.7% decline yesterday. Supporting gas price is expectations of a bigger than average decline in gas stocks which will widen the deficit over 5-year average stocks. EIA weekly report due today is expected to note a 194 Bcf decline in gas stocks as against 5-year average decline of 150 Bcf. However, weighing on price are weather forecasts which show that current cold weather in US Midwest and East may not continue for long keeping a check on heating demand. Natural gas may remain range-bound ahead of inventory report however overall bias may remain weak due to subdued demand expectations

BASE METAL - Base metals on LME trade sideways to higher today extending yesterday�s gains. LME Nickel was the best performer with 1.9% gains followed by 1.4% rise in Copper prices and 1.1% gains in Zinc prices. In other metals Aluminium and Lead prices ended 0.9% and 0.7% higher respectively.




Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance. CapitalStars Investment Adviser: SEBI Registration Number: INA000001647
 
For more details call on 9977499927 or visit our website www.capitalstars.com

Monday, 28 January 2019

mcx update

BULLION â�� Bullion counter may trade with positive bias as it edged up to a seven-month high on Tuesday, as the dollar weakened ahead of a two-day U.S. Federal Reserve meeting, which will likely keep interest rates steady, and on worries over a rise in Sino-U.S. trade tensions. Gold (Apr) can test 32800 taking support near 32250. Silver can test 40200 taking support near 39600. Investors are focusing on the Fedâ��s two-day policy meeting, starting later in the day, when the U.S. central bank is expected to leave interest rates unchanged. Some U.S. central bank officials have said they will be patient in raising rates given the stalemate over global trade, the U.S. federal government shutdown, and waning business and consumer confidence. Chinaâ��s net gold imports via main conduit Hong Kong in December halved from the previous month, data showed on Monday, as the worldâ��s top gold consumer likely limited import quotas for its banks while demand for jewellery waned towards end-2018. 

ENERGY- Crude Oil- Crude oil may trade in green as oil prices oil prices crept higher on Tuesday after the U.S. government slapped sanctions on Venezuela�s state-owned oil firm PdVSA in a move aimed at severely curbing the OPEC member�s crude exports to the United States.. Despite their political differences, the United States remains a major destination for Venezuelan oil, although volumes have steadily declined over the past years amid Venezuela�s economic crisis and as the U.S. government has started targeting Caracas� financial sector with sanctions. The U.S. government is supporting Venezuelan opposition leader Juan Guaido, who proclaimed himself interim president last week and is demanding the resignation of sitting President Nicolas Maduro. Crude oil can test 3750 levels while taking support near 3640. Venezuela has the world�s biggest proven oil reserves and is a member of the Organization of the Petroleum Exporting Countries (OPEC).

Natural Gas- Natural gas may tumble further lower as it can move in range of 200- 215. Weeks of extreme volatility persisted as U.S. natural gas futures plunged over 8 percent to a four-month low on Monday on forecasts for warmer-than-normal weather next week despite predictions for arctic cold and record demand later this week.

BASE METAL - Base metals prices may trade with sideways path. Copper may trade on weaker path as it can test 416 while facing resistance near 428 in MCX. Zinc can move sideways to negative path as it can test 188. Lead can witness profit booking at higher levels as it can test 145. Nickel can move sideways in range of 825-845. Aluminum prices can move further lower and can test 130. London aluminum prices inched up early on Tuesday following a plunge in the previous session, with investors' focus returning to inventories and the upcoming U.S. Federal Reserve meeting. Aluminium users around the world will pay less for their material after the United States lifted sanctions on major producer Rusal, but U.S. tariffs on imports of the metal mean limited gains for the country's consumers. Inventories of aluminum stand at 1.3 million tonnes in warehouses approved by the LME, near their lowest since May 2018. The LME said on Monday it would start accepting all Rusal metal into its warehouses again.




Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance. CapitalStars Investment Adviser: SEBI Registration Number: INA000001647

For more details call on 9977499927 or visit our website www.capitalstars.com

Tuesday, 21 August 2018


Gold regains strength as dollar sags after trump remark.

Gold prices rose on the back of a weaker US dollar on Tuesday, extending gains into a third session after US president Donald Trump said he was "not thrilled" with the US Federal Reserve for raising interest rates. Spot gold was up 0.3 per cent at $1,193.97.24 an ounce at 0054 GMT. It climbed 0.5 per cent in the previous session. US gold futures were up 0.5 per cent at $1,200.60 an ounce. The dollar index, which measures the greenback against a basket of six major peers, was down 0.4 per cent at 95.494. The dollar was down 0.2 per cent at 109.86 yen . Trump said on Monday he was "not thrilled" with the Federal Reserve under his own appointee, Chairman Jerome Powell, for raising interest rates and said the US central bank should do more to help him to boost the economy.

COPPER is extending its recovery.

Copper is extending its recovery from 1-1/2 year lows as the US and China once again prepare to sit at the negotiating table to discuss the trade tariff war. The negotiations come as the US starts public hearings on another $200 billion of proposed tariffs on Chinese imports. Hopes of a breakthrough are lifting ideas that a global slowdown may be avoided and hence keep demand for the industrial metal buoyant. Adding to the bullish news, workers at Chile’s Escondida mine inked a new labor contract last week, thereby avoiding a potential strike. Copper is poised for its fourth straight daily gain and has rallied 4.65% from the low on August 15. It is still down 19.3% from the June peak.

Decreasing inventories and upbeat fundamentals in China also buoyed nickel prices. 

As the dollar weakened, LME nickel climbed past $13,700/mt and closed at $13,615/mt on Monday. As longs added their positions, the SHFE 1811 contract hit a high of 112,830 yuan/mt before it edged down and closed at 112,180 yuan/mt overnight. Shrinking inventories and upbeat fundamentals front also buoyed nickel prices. We expect nickel prices to extend their gains today. LME nickel is likely to hover around $13,700 today with the SHFE 1811 contract trading at 112,000-113,500 yuan/mt. Spot prices are seen at 112,000-114,000 yuan/mt.

Oil mixed on tighter U.S. outlook, while U.S.-China trade spat weighs.

 Oil prices were mixed on Tuesday, with U.S. fuel markets seen to be tightening while the Sino-U.S. trade dispute dragged on international crude contracts. U.S. West Texas Intermediate (WTI) crude futures for September delivery CLc1 were up 27 cents, or 0.4 percent, at 0306 GMT, at $66.70 per barrel. The contract expires on Tuesday. The more active October futures were up 7 cents, or 0.1 percent, to $65.49 a barrel. Traders said U.S. markets were lifted by a tightening outlook for fuel markets in the coming months. Inventories in the United States for refined products such as diesel and heating oil for this time of year are at their lowest in four years.


Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance. CapitalStars Investment Adviser: SEBI Registration Number: INA000001647.

Monday, 13 August 2018



BULLION:-

Gold prices traded steady on Tuesday, but hovered close to an 18-month low hit in the previous session. Gold prices sank below $1,200 per ounce on Monday to their lowest since late January 2017, losing out to U.S. Treasuries and a strong dollar as investors sought refuge from a financial market rout triggered by a crashing Turkish lira. Investors traditionally use gold as a means of preserving the value of their assets during times of political and economic uncertainty and inflation, but it has this year failed to benefit. Instead investors have made a beeline for U.S. Treasuries, seen as the ultimate safe haven, which meant they had to buy dollars. The lira has tumbled on worries over Turkish President Tayyip Erdogan’s increasing control over the economy and deteriorating relations with the United States. An investor flight to safety lifted U.S. Treasury yields from four weeks lows. The dollar index touched a 13-month high before paring gains. The higher greenback makes dollar-denominated assets more expensive for holders of other currencies, which subdues demand - a relationship used by funds to generate buy and sell signals from numerical models. Holdings of the largest gold-backed exchange-traded fund (ETF), New York’s SPDR Gold Trust, at 25.3 million ounces have dropped about 10 percent from their April peak and are at their lowest since February 2016.

BASE METALS:-

London copper prices drifted lower for a third straight session on Tuesday as the dollar stood tall versus other currencies on concerns that a rout in the Turkish lira could infect European banks and emerging economies. he Turkish lira was trading at 6.9100 per dollar in early Asian deals on Tuesday, compared with Monday’s record low of 7.24 after the central bank pledged to provide liquidity. The lira has lost more than 40 percent this month on concerns about President Tayyip Erdogan’s reluctance to raise interest rates despite rising inflation and a deepening diplomatic rift with the United States. Chinese industrial production and fixed asset investment growth came in below forecasts in July, with the latter falling to a record low as retail sales also disappointed. Fixed asset investment grew 5.5 per cent for the first seven months of the year, compared to the same period last year. A median forecast from economists polled by Reuters had forecast 6 per cent growth, in line with the previous month. The latest reading was the lowest on record, according to official data compiled by Wind Info and dating back to 1992.The slowdown in investment comes despite Beijing last month announcing a series of tax cuts and infrastructure spending in a bid to stimulate demand after the country's gross domestic product grew at its slowest pace since 2016 in the second quarter.

ENERGY:-


Oil prices rose on Tuesday after a report from OPEC confirmed that top exporter Saudi Arabia had cut production to avert looming oversupply. In July, Saudi Arabia told the producer group of the Organization of the Petroleum Exporting Countries (OPEC) that it had cut production by 200,000 barrels per day (bpd) to 10.288 million bpd. OPEC’s monthly report published on Monday, which uses data from secondary sources, confirmed the Saudi cut, which traders said triggered crude’s upward move early on Tuesday. That came despite the Saudi move coming in anticipation of a slowdown in oil demand. The OPEC report said it expected world oil demand to grow by 1.43 million bpd in 2019, down from 1.64 million bpd in 2018. OPEC said the demand slowdown would come on the back of potentially lower economic growth as a result of trade disputes between the United States and China as well as emerging market turmoil. Despite this, OPEC said overall oil demand would likely remain healthy. Chinese oil refinery output rose 11.6 percent in July from a year earlier, government data showed on Tuesday, with state-run plants operating at high rates but smaller independent refiners struggling with squeezed profit margins. Refinery throughput last month reached 50.95 million tonnes, or 11.95 million barrels per day (bpd), according to the data from the National Bureau of Statistics. That compared to 12.11 million bpd in June.


Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance. CapitalStars Investment Adviser: SEBI Registration Number: INA000001647.

Friday, 10 August 2018


CS GOLD (OCT) OVERVIEW: TREND : SIDEWAYS RESIST 
2: 29810 RESIST
1: 29730 SUP
1: 29590 SUP
2: 29480
CS SILVER (SEP) OVERVIEW: TREND : SIDEWAYS RESIST
 2: 38370 RESIST
1: 38200 SUP
1: 37940 SUP
2: 37800

Base Metals

CS COPPER (AUG) OVERVIEW: TREND : SIDEWAYS RESIST
 2: 430.00 RESIST
 1: 426.00 SUP
1: 418.00 SUP
2: 415.00
 CS NICKEL (AUG) OVERVIEW: TREND : BULLISH RESIST
2: 976.00 RESIST
 1: 964.00 SUP
 1: 945.00 SUP
 2: 938.00
 CS ZINC (AUG) OVERVIEW: TREND : BEARISH RESIST
 2: 186.00 RESIST
 1: 184.00 SUP
 1: 179.00 SUP
 2: 177.00
 CS LEAD (AUG) OVERVIEW: TREND : SIDEWAYS RESIST 
2: 150.00 RESIST
 1: 147.50 SUP
 1: 143.50 SUP
2: 141.50
 CS ALUMINIUM (AUG) OVERVIEW: TREND : BULLISH RESIST
 2: 148.50 RESIST
 1: 146.50 SUP
1: 140.50 SUP
2: 138.50
 Energies 
CS CRUDE OIL (AUG) OVERVIEW: TREND : BEARISH RESIST
 2: 4670 RESIST
1: 4640 SUP
 1: 4570 SUP
 2: 4530

MCX CRUDE AUG on Thursday as seen in the Daily chart opened at 4585 levels and made day low of 4566 levels. During this period crude came up to 4635 levels and finally closed at 4602 levels. Now, there are chances of down movement technically & fundamentally.

  •  Oil prices on Friday edged up on worries that reimposed U.S. sanctions against Iran would tighten supplies, although the escalating trade dispute between Washington and Beijing held markets back from further gains.
  •  On a weekly basis, Brent is set for a 1.5 to 2 percent fall, while WTI is heading for a drop of around 2.5 percent.

DAILY RECOMMENDATION: SELL MCX CRUDE OIL AUG BELOW 4600 LEVELS FOR TARGET OF 4560/4520 WITH SL 4675 OF LEVELS


Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance. CapitalStars Investment Adviser: SEBI Registration Number: INA000001647.

Thursday, 2 August 2018


The stock market has created new hai many times in the last few trading sessions. The risk of selling has increased even after reaching new heights of the stock market. In this way, many investors are avoiding the risk of making big investments in the market right now. Experts also believe that higher valuations can be sold in stocks. However, he believes that the market can show further growth. In such a situation, investing in good shares with small amounts in the market right now would be a better strategy. We have selected 5 stocks from the brokerage house, which are less than Rs. 100. At the same time, it can get returns up to 75 percent further.

Better portfolio with less risk
Experts believe that investors should put their amounts in a stock and not in a stock. This means investor investing in better stocks of small unit cost. In these stocks of Rs 100, an investor can invest in a very small amount and can create a better portfolio of many stocks. This not only reduces their risk. In addition, stocks will also have the advantage of growth.

What stocks invest in

South Indian Bank
The South Indian Bank is a Mid-sized Bank in the Private Sector. It has 855 branches and 1386 ATMs across the country. Mainly bank business in South India. The bank has a strong customer in the South. The loan book of the bank is getting stronger. The deposit has improved in the bank. Both Ripley and SMEs have growth in the segment. Focus on improving management asset quality. The brokerage house, Cholamandalam Securities Limited has set a target of Rs 26 for the stock. For the current price of 18 rupees, the share can get 45 percent return.

Tata Power
Tata Power is India's largest power generation company. The company has been consistently strengthening its balance sheet. The company will have the advantage of increasing the demand for power in the coming days. In the first quarter of the fiscal year 2019, Tata Power's profits have gone up by more than 5 times to Rs 1,769 crore. In the first quarter of the fiscal year 2018, Tata Power's profit was Rs. 391 crores. At the same time, the income increased by 14 percent to Rs 7313 crore. Brokerage house Elvis has given a target of 92 rupees for the stock. For the current price of 72 rupees, the share can get 28 percent returns. 

Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.
CapitalStars Investment Adviser: SEBI Registration Number: INA000001647.