Share Market Tips / Stock Market Tips for 26th Oct-30th Oct 2015.
Axis Bank Update
Axis Bank asset quality is expected to take a hit slight compared to Q1 FY16. As per our analysis overall we do not expect significant outperformance from Axis Bank in the short term. We expect one round of panic to come in Axis Bank within the next 8 months which will take the Stock price lower to around 410-370 Rs and that is the time we should be parking longer term money in Axis Bank. From current prices we do not expect any significant upside in the near term. Besides fee income there is nothing really big happening for the Bank. Some brokers like Emkay are bullish and have a price target of 605 but it does not make sense to buy now since risk reward is not in favor of the investor further all the brokers are expecting asset quality to remain stable and we do not expect the asset quality to remain stable. With no pick up on the on ground economy we do not expect asset quality to steadily deteriorate over the next 2-3 Q. Buying at such steep valuations in a background where growth is not showing any signs of picking up will not be a prudent investment. Hence we maintain our avoid stance on Axis Bank for the time being and as er our PAS Update we maintain switch to Bajaj Hind, Renuka and EID Parry on dips.
Live Chat Transcript of Intraday Share Market Tips / Positional Share Market Tips is given below.
[10/29/2015, 12:44 PM] +91 92222 94707: Confirmation Nifty 1 Part Active @ 8125
[10/29/2015, 1:21 PM] +91 92222 94707: If 8113 Spot Nifty comes we will add 2nd part SL 8107 Spot Nifty. We expect a bounce back towards 8200
[10/29/2015, 1:50 PM] +91 92222 94707: 2nd part active
[10/29/2015, 1:51 PM] +91 92222 94707: Confirmation Nifty 2nd part bought keep sl 8107 spot
[10/29/2015, 2:08 PM] +91 92222 94707: Nifty Book 1 Part @ 8138 (Prefeed)Spot Lvl & Hold 2nd Part Till Next Update.
[10/29/2015, 2:40 PM] +91 92222 94707: Close Positions
[10/29/2015, 2:40 PM] +91 92222 94707: at cmp
[10/29/2015, 2:40 PM] +91 92222 94707: Confirmation No Open Positions
[10/29/2015, 2:53 PM] +91 92222 94707: No volume in mkt on expiry day v dangerous
[10/29/2015, 6:51 PM] +91 92222 94707: Good Evening Nifty Update For 30th Oct 2015 http://www.mallavv.com/category/sgx-nifty
[10/30/2015, 8:56 AM] +91 92222 94707: Gm
[10/30/2015, 8:57 AM] +91 92222 94707: Nifty has resistance at 8220-8180. On pullback we will be selling for targets of 7900-8000 spit Nifty
[10/30/2015, 10:10 AM] +91 92222 94707: Nifty expected move 8070-CMP>>8225-8180>>8000-7900 (could also fall a bit more than 7900>>8550-8800>>6800-7200
[10/30/2015, 12:19 PM] +91 92222 94707: Nifty Sell 1 Part @ 8174 & 2nd Part @ 8215 Nifty Spot levels Mentioned Trade In Nov Fut
[10/30/2015, 2:17 PM] +91 92222 94707: we will be initiating buying from lower levels of 8000-7850. please be patient and wait for msg to initiate buying.
[10/30/2015, 2:19 PM] +91 92222 94707: we don’t see Nifty going significantly below 7850. from lower side upper side tgt is 8800-8550 risk reward will be in favor of buying. Today Sun trines Neptune and that is level 1 reversal signature hence we are expecting a bottom in the next week 5-6 trading days
[10/30/2015, 2:20 PM] +91 92222 94707: higher bottom will be done and we must be buying into dip once we get appropriate confirmation signals
[10/30/2015, 2:21 PM] +91 92222 94707: one bounce is likely from current levels towards 8180if that bounce does come we will sell around 8180 and then cover below 8000
[10/30/2015, 3:10 PM] +91 92222 94707: Positional Trade Nifty Sell 1 Part @ 8085 & 2nd Part @ 8125 (keep space for 2 more parts if comes higher we will sell ) Spot Rates Given Trade In Nov Fut
[10/30/2015, 3:11 PM] +91 92222 94707: we must see a pullback towards 8110 Min
[10/30/2015, 3:49 PM] +91 92222 94707: Good Evening Nifty Update For 2nd Nov 2015 http://www.mallavv.com/category/sgx-nifty
[10/28/2015, 9:05 AM] Gm
[10/28/2015, 9:05 AM] Positional Trade Update Nifty Hold REM 1 part shorts till next update
[10/28/2015, 11:26 AM] Positional Trade Update Nifty Hold REM 1 part shorts till next update
[10/28/2015, 11:27 AM] Hold shorts Tgt 7900-8000
[10/28/2015, 11:28 AM] Usdinr 65.7-66 spot Tgt
[10/28/2015, 11:29 AM] Crude oil NYMEX Tgt 21
[10/28/2015, 11:32 AM] Gold Tgt 24000 in Nov astro cycle bad for commodities other than agri commodities
[10/28/2015, 11:34 AM] Silver 30000-31000 tgt
[10/28/2015, 11:48 AM] Nifty is moving slowly and steadily lower confirming our analysis that the down move from around 8338 is a corrective of the move seen from 29th Sept 2015. i.e. move from 7691-8338. Current move is a corrective pullback of the move and we expect targets of 7900-8000 Nifty spot level. Overall we will add shorts only on rise or on small stop loss points as move towards 8000-7900 Spot Nifty will be slow and grinding. We do not expect this fall to go towards 7400 (as most people think) The trade is to wait patiently for dip towards 8000-7900 and then buy in or around that range for targets of 8800.
[10/28/2015, 11:51 AM] Move towards 8800 will be the final up move for this year and could end around Jan 2016. Post the move towards 8800 we will then begin a super sonic down cycle that will take Nifty in the range of 7200-6800 at bets by Aug 2016. I do not expect much time to be taken for fall from 8800 to 7200 but all this will only happen next year towards the end of the current year we will see Nifty towards 8800
[10/28/2015, 11:53 AM] Astro cycle and time cycle indicates a negative move for commodities over next 45 days towards 15th-17th Dec 2015 and we do not expect Gold / Silver / Palladium / Platinum to move much further from here. In fact we could see them collapse towards the down side.
[10/28/2015, 11:55 AM] Our top Buys from a investment perspective will be agro commodities. We are already seeing the positive sugar cycle which will take raw sugar prices higher by 4 times. There are other agro commodities that will also blast on the upside which includes cotton, Tea, Coffee but wait for appropriate time to buy them. It is too early to accumu late or buy them
[10/28/2015, 12:04 PM] Delivery Call Buy
& Hold Mah Scooters.
[10/28/2015, 12:04 PM] Mah Scooters TGT 3500 In 6 Months
[10/28/2015, 12:05 PM] Start Buying
[10/28/2015, 12:08 PM] Major breakthrough in Mah Scooters Just Buy & Hold.
[10/28/2015, 1:55 PM] Nifty Book 50% Of Part 1 For Shorts Done @ 8290 Spot Lvl
[10/28/2015, 1:55 PM] Confirmation Nifty 50% Booked of Part 1 Now Holding Rem 50% Qty Hold Till Next Update
[10/28/2015, 2:08 PM] Nifty close remaining shorts at cmp
[10/28/2015, 2:08 PM] confirmation we have closed all shorts at cmp
[10/28/2015, 2:10 PM] No Open Shorts As Of Now Wait For Pullback
[10/28/2015, 2:11 PM] Confirmation No Open Positions
[10/28/2015, 2:19 PM] Booking profit in shorts does not mean we buy. please wait for message to trade. Overall our targets are 7900-8000 levels on downside. wait for msg to trade
[10/28/2015, 2:20 PM] if we do get low risk entry point we will add positions
[10/28/2015, 2:54 PM] test
[10/28/2015, 2:55 PM] If we do get some confirmation we may look to take fresh trading positions at 3.25 PM please be alert between 3.20 -3.30 PM only if we get confirmation we will take positions
[10/28/2015, 3:25 PM] Nifty Sell 1 Part @ 8215 Spot (Prefeed) If comes we will take trade or else
[10/28/2015, 3:40 PM] Good Evening Nifty Update For 29th Oct 2015 http://www.mallavv.com/category/sgx-nifty
[10/27/2015, 8:56 AM] : Gm
[10/27/2015, 8:56 AM] : Positional Trade Update Nifty hold rem 1 part shorts till next update
[10/27/2015, 8:56 AM] : On rise we will sell
[10/27/2015, 9:19 AM] : Wait for appropriate dip to Buy sugar
[10/27/2015, 10:16 AM] : Since Janta is trapped In short sell positions done at 7900 8000 8100 and most of those positions are in puts we do not expect a fast fall before expiry. Overall a slow grinding fall will be seen till 29th Oct (Oct series expiry) we must be selling only on rise or small sl points as we expect the down move to test 7900-8000 Nifty spot levels mentioned
[10/27/2015, 10:42 AM] : Positional Trade Update Nifty Continue Holding 1 Part Shorts Till Next Update. If we get low risk entry point we will add shorts or on pullbacks we will short sell.
[10/27/2015, 10:47 AM] : PAS Update NMDC should be accumulated on dips ideally we should Buy NMDC when Nifty enters range of 7900-8000. Some investors have asked me the logic of NMDC Investment in simple words astro cycle shows massive upside to begin in the next few months. Currently stock is giving 8.5 % div (Rs8.5 on 100 Rs invested) so its like Fixed deposit with growth fund. We expect NMDC to test 250-300 Rs in the next 2 years
[10/27/2015, 2:00 PM] : Positional Trade Update Nifty Hold REM 1 part shorts till next update
[10/27/2015, 2:49 PM] : Nifty stuck in a range slow downward movement along expected lines.
[10/27/2015, 2:53 PM] : Most traders are talking about 7400-7200 in the next series (Nov 2015) but we do not feel so. The structure is clearly showing Nifty struggling to come lower even though as per rule it has to come lower. As per our analysis Nifty will touch 7900-8000 spot and then begin up move towards 8800. That move towards 8800 will be final up move for this year.
[10/27/2015, 3:24 PM] : Positional Trade Update Nifty Continue Holding 1 Part Shorts Till Next Update. Nifty low volume today. Expect such lackluster move till 29th Oct 2015 (Oct Series expiry)
[10/26/2015, 8:59 AM] : Gm
[10/26/2015, 9:12 AM] : We do not see Nifty sustaining above 8350 spot minor upsides by 50-100 points towards 8450 also could come but beyond 8350 we do not see Nifty sustaining. On rise we will build positional shorts for targets of 7900-8000
[10/26/2015, 9:13 AM] : Janta is trapped in shorts done at 7800 7900 8000 8100 hence mkt will force them to cover and post that a fall will begin
[10/26/2015, 9:13 AM] : Wait for msg to add positions
[10/26/2015, 9:14 AM] : Continue holding 1 part shorts done at 8290 ans rem 50 percent qty of part 2
[10/26/2015, 9:22 AM] : Wait for dip to add sugar stocks uppar ka bhavvv mea Chadd ke Matt lo
[10/26/2015, 9:22 AM] : Same for nmdc
[10/26/2015, 10:03 AM] : Nifty continue holding 1 part and rem 50 percent od part 2 till next update. On rise we will be selling.
[10/26/2015, 11:44 AM] : Nifty Book Rem 50% Of Part 2 @ 8268 Spot (Prefeed) & Continue Holding Part 1 Qty Till Next Update.
[10/26/2015, 11:44 AM] : Nifty Book Rem 50% Of Part 2 @ 8268 Spot (Prefeed) & Continue Holding Part 1 Qty Till Next Update. Trade In Nov Fut
[10/26/2015, 12:50 PM] : Confirmation Nifty Rem 50% Of Part 2 Booked For Shorts Done @ 8322 Spot Rates On Friday. Continue Holding 1 Part Nifty Shorts For Shorts Done @ 8290
[10/26/2015, 12:50 PM] : Now we are holding Nifty 1 Part Sell
[10/26/2015, 12:50 PM] : On rise we will sell again
[10/26/2015, 12:52 PM] : As per my calculations Nifty will not sustain above 8350 spot if comes near 8350-8450 range it will be great opportunity to short for 7900-8000 Spot TGT
[10/26/2015, 12:53 PM] : dont jump and Buy sugar stocks now just hold prev accumulated qty. I will tell you when to Buy and Hold.
[10/26/2015, 2:13 PM] : Positional Trade Update Nifty hold rem 1 part shorts till next update
[10/26/2015, 3:25 PM] : Positional Trade Update Nifty hold rem 1 part shorts till next update