Bharat Finance Follow Up Report (16 September 2017)

On 16 September 2017 we recommended to Buy Bharat Finance future above 948 for the target of 1000. Today 12 October 2017 Bharat Finance future crossed 1000 mark and touched 1007, our target achieved. Our Clients earned huge profit more than Rs. 50000/- in one lot. For special Reports and Calls. Contact us or Drop your number here..

16 September Report:
Bharat Finance
Bharat finance recently break its one year high and sustains above its last year’s consolidation range,
940 was the key resistance level and it touched a 52 week high of 980 and closed near 950. If we draw a Fibonacci retracement level from its life time high (1491) to its life time low (55), it is currently on break out of 61.8% retracement level. So, Next week we expect a strong break out in this stock and target would range would be 1000-1020. In September month future, it was closed at 948 and expected to target the same range 1000-1020.
Buy BharatFinance future above 948 target 980-1000

www.capitalheight.com/freetrial.php

Give Missed Call at +91 830-630-830-8

CH Stock Market Closing Bell 12-October-2017

closing bell

Closing bell

CLOSING BELL:

NIFTY FUTURE UP 124 @ 10116

BANK NIFTY FUTURE UP 270 @ 24382

SENSEX UP 348 @ 32182

INR 65.05

www.capitalheight.com/freetrial.php

Give Missed Call at +91 830-630-830-8

Bharti Infratel Stock Hits 52-wk High

Shares of Bharti Infratel stock hit 52-week high and has extended its rally as sentiment for the stock remains positive given reports that global consortium led by private equity firm KKR & Co is in talks to acquire the company and its subsidiary Indus Towers for around $11 billion.

The trading volumes on the counter doubled with a combined volume of 4.1 mn on NSE.

The stock is currently trading at Rs 433.45, up by Rs 22.85 or 5.57% from its previous closing of Rs 410.6 on the BSE.

The scrip opened at Rs 413 and has touched a high and low of Rs 438.1 and Rs 405.95 respectively. The stock is currently trading above its 100 DMA.

www.capitalheight.com/freetrial.php

Give Missed Call at +91 830-630-830-8

Top Gainers and Losers of Thursday’s Session

Top Gainers and Losers
During the afternoon trade, the Indian indices were firmly supported by gains in index heavyweights including Tata Consultancy Services, ITC and Reliance Industries.

In the Nifty50 index, Bharti Infratel, Hindalco, Sun Pharma, Aurobindo Pharma and NTPC were among the top gainers.

The 30-share BSE Sensex was up 101 points at 31,935 and the 50-share NSE Nifty rose 40 points to 10,025.

Following is the list of top gainers:

Symbol LTP % Change
Infratel 432 5.24
Hindalco 262.55 5.23
Sun Pharma 536.95 2.07
Aurobindo 746.40 1.95
NTPC 177.95 1.77
Reliance 854 1.65
HUL 1,236.75 1.54
Top losers of the Nifty50 kitty included UltraTech Cement, Tata Motors, Bharti Airtel, Infosys and Asian Paints.
Following is the list of top losers:
Symbol LTP % Change
Airtel 398.85 -1.16
Infosys 920 -1.15
UltraTech Cement 3,913.45 -0.96
Asian Paints 1,151.10 -0.82
UPL 806.75 -0.79
SBI 250 -0.70
HPCL 452.30 -0.59

www.capitalheight.com/freetrial.php

Give Missed Call at +91 830-630-830-8

IndusInd Bank Q2FY18 standalone Net Profit Rises 25%

IndusInd Bank Ltd Q2FY18
Standalone Results Q2FY18: (Rs. in crore)
Q2FY18 YoY (%)
NII 1,820 24.7
NPA (%) 1.09 18
Provisions 293.7 37.4
Net Profit (adjusted) 880 25

Indusind Bank reported its Q2FY18 results today. The Q2FY18 results were in line with street estimates as NII for the quarter was marginally down against street estimates of Rs.1848 crore. While net  profit for the quarter also came in line with estimates of Rs.884 crore.

NII for the quarter rose 24.7% yoy to Rs.1820 crore in Q2FY18 vs Rs.1496 crore in previous year corresponding quarter. This was largely led by rise in interest income by 20.7% yoy to Rs.4208 crore.

Technical View:

IndusInd Bank Ltd is currently trading at Rs. 1,733.70, up by 16.35 points or 0.95% from its previous closing of Rs. 1,717.35 on the BSE.

The scrip opened at Rs. 1,731 and has touched a high and low of Rs. 1,741.80 and Rs. 1,700 respectively. So far 19,53,647(NSE+BSE) shares were traded on the counter. The stock is currently trading below its 50 DMA.

www.capitalheight.com/freetrial.php

Give Missed Call at +91 830-630-830-8

Nifty hits 10,100; Sensex above 300 Points

nifty-updates-capitalheight

Sensex makes a strong comeback by rising over 300 points. All sectors showing positive growth with FMCG, Auto, Metal, and Pharma leading the bandwagon.

At 3:05PM, the S&P BSE Sensex is trading at 32,179, up by 345 points, while NSE Nifty is trading at 10,091 up by 107 points.

The BSE Mid-cap Index is trading up by 0.95% at 15,995 whereas BSE Small-cap Index is trading up by 1.12% at 16,897.

Hindalco, Infratel, Aurobindo Pharma, Sun Pharma and Reliance are among the gainers, whereas Bharti Airtel, Ultra Cement, IOC, Infosys, and UPL are losing steam on NSE.

  • Claris Lifescinces is down 7% as investors get concerned about sharp rise in expenses related to selling of injectable business
  • IndusInd Bank Q2 FY18 (YoY): PAT at Rs 880 Cr vs Rs 704 Cr (+25%). NII at Rs 1,821 Cr vs Rs 1,460 Cr. Gross NPA at 1.08% vs 1.09% (QoQ).
  • Bajaj Corp Q2 FY18 (YoY): PAT at Rs 51 Cr vs Rs 58 Cr (-12%). Revenue at Rs 204 Cr vs Rs 197 Cr (+4%).

Adani Transmission hits 5% upper circuit, extending its 15% gain of the last 2-trading sessions on the BSE.

Some buying activity is seen in Basic Materials, Energy, FMCG, Telecom, Auto, Metal, and Realty on BSE.

The INDIA VIX is down by 6.79% at 10.93.

Out of 1,970 stocks traded on the NSE, 1,112 advanced, 534 declined, and 324 remained unchanged today.

A total of 53 stocks registered a fresh 52-week high in trade today, while 24 stocks touched a new 52-week low on the NSE.

www.capitalheight.com/freetrial.php

Give Missed Call at +91 830-630-830-8

Today’s Intraday Option Performance CapitalHeight

BUY HINDALCO 250 CALL ABOVE 12.1

TG1 12.5 TG2 12.95 TG3 13.75 STOP LOSS 9.25

All Target Done

www.capitalheight.com/freetrial.php

Give Missed Call at +91 830-630-830-8

Today’s Intraday Stock Future Performance CapitalHeight

CALL BUY BRITANIA FUTURE ABOVE 4485

TG1-4493 TG2-4503 TG3-4518 SL 4467.85

All Target Done

www.capitalheight.com/freetrial.php

Give Missed Call at +91 830-630-830-8

Today’s Intraday Stock Cash Performance CapitalHeight

SPARK CASH CALL BUY TV SELECT ABOVE 414

TG1-421 TG2-428 SL 402.85

All Target Done


SUPREME CASH CALL BUY BBTC ABOVE 1455

TG1-1467 TG2-1485 SL 1429.9

All Target Done

www.capitalheight.com/freetrial.php

Give Missed Call at +91 830-630-830-8

 

Will TCS Q2 Show Set the Tone for Markets

infosys-tcs

Tata Consultancy Services is scheduled to report its results for the quarter ended September later today, post market hours on Thursday.

The profit after tax (PAT) for the quarter is expected to increase 4 percent sequentially to Rs 6,183 crore and revenue may grow 2.6 percent to Rs 30,356 crore, according to an average of estimates of analysts polled by CNBC-TV18.

Revenues in dollar terms are likely to register a 3 percent at USD 4,731 million in the quarter ended September 2017, compared with USD 4,591 million in the previous quarter.

The stock has been consolidating in a narrow range so far in the year 2017. It rose by about 6 percent compared to nearly 20 percent rally seen in the S&P BSE Sensex.

www.capitalheight.com/freetrial.php

Give Missed Call at +91 830-630-830-8

1 2 3