Swing trading
Short term trading calls
TF - Time frame
D - day candle
W - weekly candle
M - Monthly candle
Green candle - Bullish
Red candle - Bearish
Positional trade
IDFC LTD
Entry - 68
Stoploss - 57
Target 1 - 89
Short term trading calls
TF - Time frame
D - day candle
W - weekly candle
M - Monthly candle
Green candle - Bullish
Red candle - Bearish
Positional trade
IDFC LTD
Entry - 68
Stoploss - 57
Target 1 - 89
Cadila Health says Zydus has started the supplies of its #COVID-19 vaccine ZyCoV-D, to Govt. It's a 3-dose vaccine administered on day 0, day 28 and day 56.
The vaccine will be priced at ₹265/dose & applicator being offered at ₹93/dose excluding GST
The vaccine will be priced at ₹265/dose & applicator being offered at ₹93/dose excluding GST
Swing trading
Short term trading calls
TF - Time frame
D - day candle
W - weekly candle
M - Monthly candle
Green candle - Bullish
Red candle - Bearish
Swing trade
AU small finance
Entry - 1348
Stoploss - 1253
Target 1 - 1558
Target 2 - 1807
Short term trading calls
TF - Time frame
D - day candle
W - weekly candle
M - Monthly candle
Green candle - Bullish
Red candle - Bearish
Swing trade
AU small finance
Entry - 1348
Stoploss - 1253
Target 1 - 1558
Target 2 - 1807
Swing trading
Short term trading calls
TF - Time frame
D - day candle
W - weekly candle
M - Monthly candle
Green candle - Bullish
Red candle - Bearish
Swing trade
Trent LTD
Entry - 1064
Stoploss - 996
Target 1 - 1230
Short term trading calls
TF - Time frame
D - day candle
W - weekly candle
M - Monthly candle
Green candle - Bullish
Red candle - Bearish
Swing trade
Trent LTD
Entry - 1064
Stoploss - 996
Target 1 - 1230
STOCKS in ACTION 2 Feb
🙂Greenlam Industries Ltd fixes Feb 11, 2022 as record date for stock split
🙂ASM Technologies and Hind High Vacuum form a Joint Venture for Semiconductor Equipment Manufacturing
🙂Amber Enterprise: has entered into the definitive agreements with Pravartaka Tooling Services and acquired 60% stake in its equity share capital.
🙂IFCI: has called an Extraordinary General Meeting on Feb. 24 to approve issue of equity shares aggregating upto Rs 100 crore by way of preferential allotment to Government of India
🙂Ganesh Benzoplast Ltd to issue warrants at Rs. 103
🙂Cantabil Retail India opens 7 new showrooms in January 2022
🙂Shree Cement: commenced commercial production at its Clinker Grinding Unit having capacity of 3.0 MTPA set-up at Patas in Pune District of Maharashtra
🙂Cadila Health ZydusUniverse has started the supplies of its COVID-19 vaccine ZyCoV-D, to Govt. It's a 3-dose vaccine administered on day 0, day 28 and day 56. The vaccine will be priced at ₹265/dose & applicator being offered at ₹93/dose excluding GST
🙂Dalmia Cement Bharat: added its ground-mounted solar power plant capacity to 17.1MW (from 2.4MW in 2014), in Cuttack, Odisha
🙂IMAGICAAWORLD to reopen from 04th February 2022
🙂RattanIndia Enterprises Budget announcement will boost the drone industry
🙂BPCL: The company has approved proposal for evaluating the option of putting up a Polypropylene unit at Kochi Refinery and to discontinue the Polyols project due to revised cost estimates are higher than the original estimate.
🙂Amber Enterprises India acquires 60% stake in Pravartaka
🙂Anupam Rasayan acquires stake in Tanfac Industries Ltd
🙂Bharat Forge: along with Bharat Forge International has acquired additional 366,451 fully diluted equity shares of Tewa Motors pursuant to the conversion of the Convertible Loan Note. The shareholding in Tewa Motors has now increased from 34.45% to 39.71%.
🙂Tata Teleservices: has changed its decision to convert AGR related interest into equity. Following a communication with Department of Telecommunication has informed the company that the NPV of the interest which is eligible for conversion into equity is only Rs.195.22 crore as against company’s calculation of Rs.850 crore. Therefore, the company has now opted for deferment of 4 years
🙁Future Retail: has failed to pay Rs. 3,494.56 crore to consortium banks and lenders under the One Time Resolution agreement The
amount was due on Dec. 31
🙂Greenlam Industries Ltd fixes Feb 11, 2022 as record date for stock split
🙂ASM Technologies and Hind High Vacuum form a Joint Venture for Semiconductor Equipment Manufacturing
🙂Amber Enterprise: has entered into the definitive agreements with Pravartaka Tooling Services and acquired 60% stake in its equity share capital.
🙂IFCI: has called an Extraordinary General Meeting on Feb. 24 to approve issue of equity shares aggregating upto Rs 100 crore by way of preferential allotment to Government of India
🙂Ganesh Benzoplast Ltd to issue warrants at Rs. 103
🙂Cantabil Retail India opens 7 new showrooms in January 2022
🙂Shree Cement: commenced commercial production at its Clinker Grinding Unit having capacity of 3.0 MTPA set-up at Patas in Pune District of Maharashtra
🙂Cadila Health ZydusUniverse has started the supplies of its COVID-19 vaccine ZyCoV-D, to Govt. It's a 3-dose vaccine administered on day 0, day 28 and day 56. The vaccine will be priced at ₹265/dose & applicator being offered at ₹93/dose excluding GST
🙂Dalmia Cement Bharat: added its ground-mounted solar power plant capacity to 17.1MW (from 2.4MW in 2014), in Cuttack, Odisha
🙂IMAGICAAWORLD to reopen from 04th February 2022
🙂RattanIndia Enterprises Budget announcement will boost the drone industry
🙂BPCL: The company has approved proposal for evaluating the option of putting up a Polypropylene unit at Kochi Refinery and to discontinue the Polyols project due to revised cost estimates are higher than the original estimate.
🙂Amber Enterprises India acquires 60% stake in Pravartaka
🙂Anupam Rasayan acquires stake in Tanfac Industries Ltd
🙂Bharat Forge: along with Bharat Forge International has acquired additional 366,451 fully diluted equity shares of Tewa Motors pursuant to the conversion of the Convertible Loan Note. The shareholding in Tewa Motors has now increased from 34.45% to 39.71%.
🙂Tata Teleservices: has changed its decision to convert AGR related interest into equity. Following a communication with Department of Telecommunication has informed the company that the NPV of the interest which is eligible for conversion into equity is only Rs.195.22 crore as against company’s calculation of Rs.850 crore. Therefore, the company has now opted for deferment of 4 years
🙁Future Retail: has failed to pay Rs. 3,494.56 crore to consortium banks and lenders under the One Time Resolution agreement The
amount was due on Dec. 31
*EARNINGS (net income adj. ests. in INR where available):*
* Adani Green Energy Ltd. (ADANIGR) 3Q
* Adani Total Gas Ltd. (ATGL) 3Q
* Alkyl Amines Chemicals (AACL) 3Q
* Apollo Tyres Ltd. (APTY) 3Q 2.3b (14 analysts)
* Bajaj Consumer Care Ltd. (BAJAJCON) 3Q 517m (5)
* Balrampur Chini Mills Ltd. (BRCM) 3Q
* Blue Star Ltd. (BLSTR) 3Q
* Dabur India Ltd. (DABUR) 3Q 5.06b (11)
* Dhanuka Agritech Ltd. (DAGRI) 3Q 461m (5)
* Future Consumer Ltd. (FCON) 3Q
* Gillette India Ltd. (GILL) 2Q
* Housing Development Finance Corp (HDFC) 3Q 31.0b (9)
* IIFL Wealth Management Ltd. (IIFLWAM) 3Q
* Indian Overseas Bank (IOB) 3Q
* JK Lakshmi Cement Ltd. (JKLC) 3Q 749m (9)
* Jubilant Foodworks Ltd. (JUBI) 3Q 1.63b (7)
* Mahindra & Mahindra Financial (MMFS) 3Q 4.87b (9)
* MAS Financial Services Ltd. (MASFIN) 3Q
* Sheela Foam Ltd. (SFL) 3Q
* Somany Ceramics Ltd. (SOMC) 3Q 367m (6)
* Tata Consumer Products Ltd. (TATACONS) 3Q 2.85b (10)
* Timken India Ltd. (TMKN) 3Q
* V-Guard Industries Ltd. (VGRD) 3Q 660m (7)
* Zee Entertainment Enterprises (Z) 3Q 3.56b (8)
* Zydus Wellnes Ltd. (ZYWL) 3Q
* Adani Green Energy Ltd. (ADANIGR) 3Q
* Adani Total Gas Ltd. (ATGL) 3Q
* Alkyl Amines Chemicals (AACL) 3Q
* Apollo Tyres Ltd. (APTY) 3Q 2.3b (14 analysts)
* Bajaj Consumer Care Ltd. (BAJAJCON) 3Q 517m (5)
* Balrampur Chini Mills Ltd. (BRCM) 3Q
* Blue Star Ltd. (BLSTR) 3Q
* Dabur India Ltd. (DABUR) 3Q 5.06b (11)
* Dhanuka Agritech Ltd. (DAGRI) 3Q 461m (5)
* Future Consumer Ltd. (FCON) 3Q
* Gillette India Ltd. (GILL) 2Q
* Housing Development Finance Corp (HDFC) 3Q 31.0b (9)
* IIFL Wealth Management Ltd. (IIFLWAM) 3Q
* Indian Overseas Bank (IOB) 3Q
* JK Lakshmi Cement Ltd. (JKLC) 3Q 749m (9)
* Jubilant Foodworks Ltd. (JUBI) 3Q 1.63b (7)
* Mahindra & Mahindra Financial (MMFS) 3Q 4.87b (9)
* MAS Financial Services Ltd. (MASFIN) 3Q
* Sheela Foam Ltd. (SFL) 3Q
* Somany Ceramics Ltd. (SOMC) 3Q 367m (6)
* Tata Consumer Products Ltd. (TATACONS) 3Q 2.85b (10)
* Timken India Ltd. (TMKN) 3Q
* V-Guard Industries Ltd. (VGRD) 3Q 660m (7)
* Zee Entertainment Enterprises (Z) 3Q 3.56b (8)
* Zydus Wellnes Ltd. (ZYWL) 3Q
*Stocks in News*
Tech Mahindra: The company reported a higher consolidated profit at Rs 1,378.2 crore in Q3FY22 against Rs 1,340.9 crore in Q2FY22, revenue rose to Rs 11,450.8 crore from Rs 10,881.3 crore QoQ.
Laxmi Organic Industries: The company reported a higher consolidated profit at Rs 82.09 crore in Q3FY22 against Rs 45.21 crore in Q3FY21, revenue jumped to Rs 859.87 crore from Rs 435.5 crore YoY.
Amber Enterprises India: The company has entered into definitive agreements with Pravartaka Tooling Services and acquired a 60% stake in Pravartaka, which is in the business of injection mould tool manufacturing and injection moulding components manufacturing for various industries.
Windlas Biotech: The company concluded SAHPRA (South African Health Products Regulatory Authority) inspection audit report for the Plant-IV situated at Dehradun with zero critical observations/ deficiencies, zero major deficiencies and some minor deficiencies.
Anupam Rasayan: The company will acquire a 24.96% stake in Tanfac Industries from Birla Group Holdings and Others.
VIP Industries: The company reported consolidated profit at Rs 33.47 crore in Q3FY22 against loss of Rs 7 crore in Q3FY21, revenue rose to Rs 397.34 crore from Rs 232.53 crore YoY.
MMTC: The government approved Tata Steel Long Products as a strategic buyer for privatisation of Neelachal Ispat Nigam, a joint venture of four CPSEs (MMTC, NMDC, BHEL, MECON) and two Odisha government PSUs (OMC and IPICOL).
Tech Mahindra: The company reported a higher consolidated profit at Rs 1,378.2 crore in Q3FY22 against Rs 1,340.9 crore in Q2FY22, revenue rose to Rs 11,450.8 crore from Rs 10,881.3 crore QoQ.
Laxmi Organic Industries: The company reported a higher consolidated profit at Rs 82.09 crore in Q3FY22 against Rs 45.21 crore in Q3FY21, revenue jumped to Rs 859.87 crore from Rs 435.5 crore YoY.
Amber Enterprises India: The company has entered into definitive agreements with Pravartaka Tooling Services and acquired a 60% stake in Pravartaka, which is in the business of injection mould tool manufacturing and injection moulding components manufacturing for various industries.
Windlas Biotech: The company concluded SAHPRA (South African Health Products Regulatory Authority) inspection audit report for the Plant-IV situated at Dehradun with zero critical observations/ deficiencies, zero major deficiencies and some minor deficiencies.
Anupam Rasayan: The company will acquire a 24.96% stake in Tanfac Industries from Birla Group Holdings and Others.
VIP Industries: The company reported consolidated profit at Rs 33.47 crore in Q3FY22 against loss of Rs 7 crore in Q3FY21, revenue rose to Rs 397.34 crore from Rs 232.53 crore YoY.
MMTC: The government approved Tata Steel Long Products as a strategic buyer for privatisation of Neelachal Ispat Nigam, a joint venture of four CPSEs (MMTC, NMDC, BHEL, MECON) and two Odisha government PSUs (OMC and IPICOL).
Positional trading
TF - Time frame
D - day candle
W - weekly candle
M - Monthly candle
Green candle - Bullish
Red candle - Bearish
Positional trade
Cadila healthcare
Entry - 414 ( 50% of capital )
Stoploss - 360
Target 1 - 480 ( balance 50% capital if it's reversed in day candle )
Target 2 - 654
TF - Time frame
D - day candle
W - weekly candle
M - Monthly candle
Green candle - Bullish
Red candle - Bearish
Positional trade
Cadila healthcare
Entry - 414 ( 50% of capital )
Stoploss - 360
Target 1 - 480 ( balance 50% capital if it's reversed in day candle )
Target 2 - 654
Swing trading
TF - Time frame
D - day candle
W - weekly candle
M - Monthly candle
Green candle - Bullish
Red candle - Bearish
NMDC LTD
Entry - 147
Stoploss - 140
Target 1 - 156
Target 2 - 165
TF - Time frame
D - day candle
W - weekly candle
M - Monthly candle
Green candle - Bullish
Red candle - Bearish
NMDC LTD
Entry - 147
Stoploss - 140
Target 1 - 156
Target 2 - 165
CRYPTO ASSETS NOT ILLEGAL IN INDIA: FINANCE SECRETARY SOMANATHAN: BLOOMBERG TV INTERVIEW
INDIA APPROACH ON CRYPTO WILL BE DRIVEN BY GLOBAL REGULATIONS: BLOOMBERG
INDIA APPROACH ON CRYPTO WILL BE DRIVEN BY GLOBAL REGULATIONS: BLOOMBERG
#OnCNBCTV18 | Increase in raw material price has impacted margin. Budget 2022 was positive for real estate sector, says Nikita Bansal of @CenturyPlyIndia
What Happened Overnight
- Improved risk sentiment held up though volumes continue to dwindle
- S&P-500 +0.94%, Nasdaq +0.50%
- Fed pricing pulled back more; 10% probability of 50 bps March March hike vs 16% on Tuesday
- 5y/10y yields -1 bps each
- Brent +0.2% to $89.31/bbl
- Improved risk sentiment held up though volumes continue to dwindle
- S&P-500 +0.94%, Nasdaq +0.50%
- Fed pricing pulled back more; 10% probability of 50 bps March March hike vs 16% on Tuesday
- 5y/10y yields -1 bps each
- Brent +0.2% to $89.31/bbl