Capitalstars Opening Bell : 12 Dec 2018

CS OPENING BELL:

NIFTY SPOT UP 46 @10600
SENSEX SPOT UP 153 @35313
BANK NIFTY FUTURES UP 157 @26403

CS NIFTY FUTURES (DEC ) OVERVIEW

TREND BEARISH
RES2: 10780
RES 1:10640
SUP1:10410
SUP2:10200

CS BANK NIFTY FUTURES (DEC ) OVERVIEW

TREND BULLISH
RES 2: 26510
RES 1: 26380
SUP1: 26100
SUP2: 25800


Visit:    Forex trading tips        stock market tips         Share Tips Exper

Capitalstars Opening Bell : 7 Dec 2018

CS OPENING BELL:

NIFTY SPOT UP 40 @10641
SENSEX SPOT UP 161 @35460
BANK NIFTY FUTURES UP 100 @26372

CS NIFTY FUTURES (DEC ) OVERVIEW

TREND BEARISH
RES2: 10920
RES 1:10760
SUP1:10510
SUP2:10430

CS BANK NIFTY FUTURES (DEC ) OVERVIEW

TREND BULLISH
RES 2: 26510
RES 1: 26380
SUP1: 26100
SUP2: 25900

Visit:    Forex trading tips        stock market tips         Share Tips Exper

Sensex ends 287 pts lower, Nifty below 10,150; IT, pharma indices fall 3%.

It’s curtains on this session for the market. And it has been a marginal pullback in the last hour from its low points. A fall in crude prices, which slipped to around USD 79 per barrel is likely to have impacted the movement. The Nifty has ended below 10,200-mark, while the Sensex closed over 140 points lower.

At the close of market hours, the Sensex ended lower by 287.15 points or 0.84% at 33847.23, while the Nifty closed down 98.50 points or 0.96% at 10146.80. The market breadth is negative as 822 shares advanced, against a decline of 1,747 shares, while 1,013 shares were unchanged.

IndusInd Bank, HDFC, HPCL and Indiabulls Housing were the top gainers, while Sun Pharma and Asian Paints lost the most.

HEADLINES OF THE DAY

Inox Leisure down 5%: The company has reported marginal rise in its Q2 consolidated net profit at Rs 12 crore versus Rs 11.7 crore in the same quarter last fiscal. Revenue rose 17.4 percent at Rs 365.5 crore against Rs 311.3 crore.

PPAP Automotive Q2 results: The company has registered 25 percent jump in its Q2 net profit at Rs 11.6 crore versus Rs 9.2 crore.

TVS Motor Q2 result: TVS Motor on Tuesday reported a fall of 0.9 percent (year-on-year) in its net profit for the September quarter at Rs 211.31 crore. The company had reported a profit of Rs 216.16 crore during the same quarter of last year.

Mindtree gains 2%: The stock gained nearly 2 percent after seeing correction for previous three consecutive sessions, as JPMorgan upgraded the stock to overweight on attractive valuations.

Results to be announced tomorrow :- Bajaj Auto,Bajaj Holdings,Bharat Fin,Coromandel Engg,Everest Ind,Hexaware Tech,IDFC Bank,Indiabulls Real,Jubilant Food,Jyothy Labs,Kotak Mahindra,KPIT Tech,L&T Finance,L&T Infotech,Lakshmi Vilas,M&M Financial,Wipro.

The crucial resistance for Nifty spot is now seen at 10250 and above this 10400 Support for the immediate term is now placed at 10010 next support will be 9900.

Visit:    Forex trading tips        stock market tips         Share Tips Exper

Sensex sheds over 180 points, Nifty ends below 10,250; midcaps crack

Weakness in the last hour of trade dragged equity benchmarks to low points. The Nifty ended the session below 10,250-mark, while the Sensex shed over 180 points. Against this, the market had a strong start, with the Sensex and Nifty having risen a percent each.

Financials gave up all of their gains and were a lag on the benchmarks. Along with them, energy, IT, and metals were the big losers. Sell-off in midcaps, too, added to the weakness, with the Nifty Midcap index falling over a percent lower.

At the close of market hours, the Sensex closed down 181.25 points or 0.53% at 34134.38, while the Nifty fell 58.20 points or 0.56% at 10245.30. The market breadth was negative as 832 shares advanced, against a decline of 1,758 shares, while 980 shares were unchanged.

ICICI Bank, NTPC, Indiabulls Housing and Eicher Motors are the top gainers, while IndusInd Bank, Reliance Industries, and BPCL lost the most.

HEADLINES OF THE DAY

SBI receives approval to raise Rs5,000cr via bonds in FY19
Lupin gets USFDA nod for generic Triamcinolone Acetonide
PNB Housing Finance raises Rs1,775cr via commercial paper

The crucial resistance for Nifty spot is now seen at 10400 and above this 10530 Support for the immediate term is now placed at 10150 next support will be 10000.

RESULTS TOMORROW:  ADANIPORT, AMBUJA, BAJAJFINANCE, BAJAJFINSV, HCLTECH, HDFCLIFE, ICICIPRULI, MCX, RBLBANK, TVSMOT

Visit:    Forex trading tips        stock market tips         Share Tips Exper

Capitalstars Opening Bell : 15 Oct 2018

CS OPENING BELL:

NIFTY SPOT DOWN 19 @10449
SENSEX SPOT DOWN 41 @34691
BANK NIFTY FUTURES DOWN 233 @25184


CS NIFTY FUTURES (OCT ) OVERVIEW

TREND BEARISH
RES2: 10680
RES 1:10550
SUP1:10200
SUP2:10090


CS BANK NIFTY FUTURES (OCT ) OVERVIEW

TREND BULLISH
RES 2: 25930
RES 1: 25600
SUP1: 25100
SUP2: 24800

Visit:    Forex trading tips        stock market tips         Share Tips Exper

If Chinese currency devalues by another 5-8%, Rupee could hit 74-75/$

The big story dominating the market is the almighty dollar. The dollar is extremely strong and any country running a current account deficit is getting penalized, with Turkey being the most extreme example. But Turkey really doesn’t matter beyond a point. I won’t read too much into what is happening with the rupee. But the current account deficit (CAD) is something that is being watched. If you look at the current account deficit of India and many other countries since 2013 when the taper tantru.

The early signs are that. The unemployment in the US is below 4%, inflation is creeping up, and there is a fiscal stimulus in play. So, they are paying much more attention to their own issues. The US market and the economy seem Teflon-like; nothing seems to affect it. At the margin, it might be a bit more inward looking but the primary thing is that the US economy is in such solid shape today…In the US, I have a lot of problem explaining this to my liberal friends about why the market has done.

The rupee has had a tough 2018 on account of a combination of factors: 1) higher oil prices 2) the US Fed tightening 3) trade war and slowing of the Chinese economy 4) nervousness ahead of national elections.All these factors have caused rupee to depreciate more than its peers in Asia and against many of its peers in the emerging market basket.

However, Indian macros are solid with inflation under control, growth is improving and structural reforms are slowly bearing the fruit. The decline in oil prices over the past 6 weeks is another positive.All in all, we do not see the risk of any blowout move in the Rupee. The high real interest rate in Rupee would attract capital flows as the Rupee has become cheaper post depreciation.

Over the next 6 months, how far the Rupee will fall against USD would depend on two factors: how much the Chinese currency devalues and how long the US economic growth maintains its current strong pace, enabling Fed to remain hawkish.

Visit:    Forex trading tips        stock market tips         Share Tips Exper

Capitalstars Opening bell : 30 july 2018

CS OPENING BELL:

NIFTY SPOT UP 25@11304
SENSEX SPOT UP 89@37426
BANK NIFTY FUTURES SPOT UP 39@ 27678


CS NIFTY FUTURES (JUNE ) OVERVIEW

TREND BEARISH
RES2: 11450
RES 1:11300
SUP1:11200
SUP2:10910


CS BANK NIFTY FUTURES (JUNE ) OVERVIEW

TREND BULLISH
RES 2: 27980
RES 1: 27800
SUP1: 27650
SUP2: 27400

Visit:    Forex trading tips        stock market tips         Share Tips Exper

Capitalstars Opening Bell : 10 july 2018

CS OPENING BELL:

NIFTY SPOT UP 59@ 10,912
SENSEX SPOT UP 204@ 36139
BANK NIFTY FUTURES SPOT UP 142@ 26,855


CS NIFTY FUTURES (JUNE ) OVERVIEW

TREND BEARISH
RES2: 11100
RES 1:10950
SUP1:10810
SUP2:10700


CS BANK NIFTY FUTURES (JUNE ) OVERVIEW

TREND BEARISH
RES 2: 27100
RES 1: 26980
SUP1: 26600
SUP2: 26400


Visit:        Forex trading tips        stock market tips         Share Tips Exper

Capitalstars opening bell : 11 june 2018

CS OPENING BELL:

NIFTY SPOT UP 60 @ 10827

SENSEX UP 200 @ 35642

BANK NIFTY FUTURES UP 187 @ 26625

CS NIFTY FUTURES (JUNE ) OVERVIEW

TREND BULLISH

RES2: 10950

RES 1:10875

SUP1:10710

SUP2:10640

 CS BANK NIFTY FUTURES (JUNE ) OVERVIEW

TREND BULLISH

RES 2: 27060

RES 1: 26800

SUP1: 26285

SUP2: 26080

Visit:        Forex trading tips        stock market tips         Share Tips Expert

Capitalstars Opening bell : 7 june 2018

CS OPENING BELL:

NIFTY SPOT UP 76 @ 10760

SENSEX UP251 @ 35430

BANK NIFTY FUTURES UP 199 @ 26590

CS NIFTY FUTURES (JUNE ) OVERVIEW

TREND BULLISH

RES2: 10875

RES 1:10830

SUP1:10670

SUP2:10630

CS BANK NIFTY FUTURES (JUNE ) OVERVIEW

TREND BULLISH

RES 2: 26925

RES 1: 26765

SUP1: 26340

SUP2: 26080

Sales of North America Class 8 trucks doubled in May 2018. A total of 35,200 vehicles were sold in May 2018 against 16,419 vehicles in May 2017. On a sequential basis, growth was 1%. As per market experts, Class 8 truck sales are expected to do well in CY2018 on the back of increasing replacement demand, improving freight fundamentals & cash flow benefit to fleets & other truck buyers. Total truck sales over past six months have averaged above 40,000 per month, a very robust trend. North America Class 8 truck segment accounts for 10-12% revenues for Bharat Forge and approximately 20% for Ramkrishna Forging. Hence, the data augurs well for both the companies.

Capitalstars opening Bell ; 6 june 2018

CS OPENING BELL:

NIFTY SPOT DOWN 47 @ 10635

SENSEX DOWN 176 @ 34980

BANK NIFTY FUTURES DOWN  120 @ 25952

CS NIFTY FUTURES (JUNE) OVERVIEW

TREND BEARISH

RES2: 10765

RES 1:10700

SUP1:10540

SUP2:10455

CS BANK NIFTY FUTURES (JUNE) OVERVIEW

TREND BEARISH

RES 2: 26565

RES 1: 26430

SUP1: 26020

SUP2: 25810

Visit:        Forex trading tips        stock market tips         Share Tips Expert

Rupee recovers 50 paise vs US dollar

The Indian rupee has seen massive depreciation against the US dollar since February when a heavy sell-off was witnessed in the domestic equities following the global trend while the home currency has breached the peak levels of 66, 67 and 68 per US dollar in the last one-and-half-month only.

Earlier on Tuesday this week, the rupee crossed the level of 68 apiece US dollar, falling by 56 paise in a single day possibly on the back of FPI’s selling pressure, the continuous surge in crude oil prices coupled with the cliffhanger outcome of Karnataka Elections 2018. During the day when Karnataka Assembly elections results have been announced, the rupee’s movement was mostly in sync with the trends of results. 

Surprisingly, just a day after rupee crossed 68 per US dollar mark, it made a sharp recovery of as much as 27 paise after touching a fresh 16-month high of 68.15 on Wednesday. Earlier on Tuesday this week, the rupee dropped 56 paise to close at 68.07 against US dollar versus a close of 67.51 on Monday.

SBI Q4FY18 Result Expectation:

• NII – Rs 18,756cr, up ~19% yoy, due to higher loan growth, projected domestic credit pickup could lend support to NII growth.
• PPOP – Rs12,610cr, decline of ~3.5% yoy, due to expected higher operating expenses and lower other income.
• PAT – Rs1,051cr, decline of ~72% yoy, profit growth is likely to decline yoy due to higher NPA provisions and lower treasury income.

Forex trading tips        stock market tips         Share Tips Expert

CAPITALSTARS INDEX OPTION CALL: BUY NIFTY - 24 APRIL 2018

CS INDEX OPTION CALL: BUY NIFTY 10550 CALL ABOVE 67 

TG - 76, 90,110 

SL - 41

Quick Trial-http://www.capitalstars.com/free-trial/

Register Now..!!! 

CapitalStars Award Winning , SEBI registered , ISO certified investment advisory company. We provide intraday & positional services in Equity , derivative ,commodity & currency. Our research is highly skilled & experienced .

Commodity tips

stock market tips

Free Commodity Tips

Share Tips Expert

Share Tips

Nifty Futures Tips

Capitalstars

capitalstars payment

capitalstars Services

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

Lupin launches gTamiflu in US- 12 Feb 2018

Lupin has launched generic of Tamiflu Capsules, 30 mg, 45 mg, and 75 mg in the US market. The drug was approved on January 9, 2018, and the company has immediately launched it in the US market.Tamiflu (Oseltamivir Phosphate) is a Hoffman-La Roche, Inc’s drug which had annual sales of approximately USD 467.8 million in the US as per IMS data in October 2017.Oseltamivir Phosphate Capsules USP, 30 mg, 45 mg, and 75 mg had annual sales of approximately USD 467.8 million in the US. (IMS MAT October 2017).While this news is positive for Lupin, it is also negative for Natco Pharma and Cadila Healthcare who already have their gTamiflu version in the US market.

CapitalStars Award Winning , SEBI registered , ISO certified investment advisory company. We provide intraday & positional services in Equity , derivative ,commodity & currency. Our research is highly skilled & experienced .

Commodity tips

stock market tips

Free Commodity Tips

Share Tips Expert

Share Tips

Nifty Futures Tips

Capitalstars

capitalstars payment

capitalstars Services

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

Capitalstars | Share tips | CS OPENING BELL: 11, Jan 2018

Capitalstars| CS OPENING BELL:

NIFTY SPOT DOWN 15 @10615

SENSEX DOWN 10 @34421

BANK NIFTY FUTURES DOWN 63 @25562

Quick Trial-http://www.capitalstars.com/free-trial/

Register Now..!!! 

CapitalStars Award Winning , SEBI registered , ISO certified investment advisory company. We provide intraday & positional services in Equity , derivative ,commodity & currency. Our research is highly skilled & experienced .

Commodity tips

stock market tips

Free Commodity Tips

Share Tips Expert

Share Tips

Nifty Futures Tips

Capitalstars

capitalstars payment

capitalstars Services

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