Intraday calls

[n_arvind2000]

SIEMENS Limited:

SIEMENS had been bearish and corrected a long way from 695 to 561 levels....nearly 24% correction from recent highs!!!!

One can expect a technical bounce back from these levels!!!!

S 2 S 1 Pivot R 1 R 2
556.45 562.05 570.85 576.45 585.25

- 5 day RSI: 5 - oversold.
- 14 day RSI: 17 - oversold.
- Volume: 308000 .... 20 day av vol: 146000

As the stock is trading near OVERSOLD territory... Expect to hold 551 levels...With good volumes we can see the stock moving upside in the coming days...

One can start accumulating around 560 - 556 levels with target of 591 - 624 - 645 with SL 553.5 :thumb:
Hold period: 15-25 days

Strong accumulation seen in Siemens... unfortunately our stop loss was hit!

 

[n_arvind2000]

TITAN INDUSTRIES:

Titan after making low of 229, started moving towards upside...
Once move past resistance of 240, we will see 254 - 270 as the next targets! :thumb:

- 5 day RSI: 15 - oversold.
- 14 day RSI: 28 -

Also RSI pointers indicate in oversold territory. :clapping:

S 2 S 1 Pivot R 1 R 2
219.40 224.25 229.85 234.70 240.30

SHORT TERM INVESTORS, can BUY around 229 - 234 levels for target of 250 - 277 in the coming weeks.... (Profit near term: 18 - 21 %) :clap:

 

[n_arvind2000]

STOCK CALL - SIEMENS

Sensex after touching a high of 20,433 has been in the correction !!! Today hit a low of 19,890 !!! close to 3% correction.


Once has to be stock specific at these current levels....

SIEMENS has been in Bullish trend for the past few trading sessions...
Now trading close to 570 levels...

- RSI: 58 (5 days)
- RSI: 60 (14 days)
- Volume: 229000 .... 20 day av vol: 456000


S 2 S 1 Pivot R 1 R 2
572.65 582.05 596.55 605.95 620.40

With Buy calls everywhere... short term traders can buy around 570-559 levels.. for target of 635 - 661 Keep SL 544

Sandeep Wagle, Founder & MD, APTART Technical Advisory Services :

Siemens Ltd is a 'BUY' call with a target of Rs 630 and a stop loss of Rs 569

Ashwani Gujral of ashwanigujral.com

Siemens Ltd is a 'BUY' call with a target of Rs 660 and a stop loss of Rs 570

 

[n_arvind2000]

TITAN INDUSTRIES:

Titan after making low of 229, started moving towards upside...
Once move past resistance of 240, we will see 254 - 270 as the next targets! :thumb:

- 5 day RSI: 15 - oversold.
- 14 day RSI: 28 -

Also RSI pointers indicate in oversold territory. :clapping:

S 2 S 1 Pivot R 1 R 2
219.40 224.25 229.85 234.70 240.30

SHORT TERM INVESTORS, can BUY around 229 - 234 levels for target of 250 - 277 in the coming weeks.... (Profit near term: 18 - 21 %) :clap:

TITAN INDUSTRIES > Bullish Pattern

Titan for the past few days showing signs of Bullishness... RSI indicators are in BUY zone. Need to watch out for 304.5 & 308 levels, above which we will see targets of 312 - 321- 345 with sl 289

- RSI: 72 (5 days)
- RSI: 58 (14 days).
- Volume: 1729000 ....
- 20 day av vol: 1547000 ....

S 2 S 1 Pivot R 1 R 2
288.50 294.70 298.35 304.55 308.20

With recent trends in BUY calls, short to medium term investors (1-2 months) can BUY for 321 - 345 levels... Keep SL 289 :thumb: :clap:

Bank of America Merrill Lynch initiated coverage on Titan Industries, a maker of jewellery, with a "buy" rating and a target price of Rs 345. :clap: :clapping:

Buy #Titan-Industries-Ltd with a target of Rs 308 and stop loss of Rs 292, says technical analyst Alpesh Furiya. (CNBC Awaaz) :rofl:


Pankaj Manusemare - Buy #Titan-Industries-Ltd with target Rs 309 and stop loss of Rs 290 :clapping:

 

[n_arvind2000]

STOCK CALL - SIEMENS

Sensex after touching a high of 20,433 has been in the correction !!! Today hit a low of 19,890 !!! close to 3% correction.


Once has to be stock specific at these current levels....

SIEMENS has been in Bullish trend for the past few trading sessions...
Now trading close to 570 levels...

- RSI: 58 (5 days)
- RSI: 60 (14 days)
- Volume: 229000 .... 20 day av vol: 456000


S 2 S 1 Pivot R 1 R 2
572.65 582.05 596.55 605.95 620.40

With Buy calls everywhere... short term traders can buy around 570-559 levels.. for target of 635 - 661 Keep SL 544

Sandeep Wagle, Founder & MD, APTART Technical Advisory Services :

Siemens Ltd is a 'BUY' call with a target of Rs 630 and a stop loss of Rs 569

Ashwani Gujral of ashwanigujral.com

Siemens Ltd is a 'BUY' call with a target of Rs 660 and a stop loss of Rs 570

SIEMENS - Update


I Hope most of you have entered Siemens around 560-570 odd levels... Charts still suggests buying opportunity available in this.

Have strong rumors, that FII have entered SIEMENS around 550-580 levels during results period...

Do not sell single share for anything less than 730 - 755 levels.... :thumb: :clap:

Need to cross 604 and 614 resistance levels, above which we will see 660 - 730 - 755 levels. Raise SL level to 570 :lol:

Also RSI & volumes suggesting stock is in Buy zone..

- RSI: 62 (5 days)
- RSI: 59 (14 days).
- Volume: 523000 ....
- 20 day av vol: 352000 ....

S 2 S 1 Pivot R 1 R 2
565.35 580.10 589.75 604.50 614.15

 

[n_arvind2000]

Block deal on the NSE, 4 lakh shares of Titan-Industries-Ltd trade at Rs 222.50/share. (CNBC Awaaz) Cool :thumb:

 

[n_arvind2000]

DENA BANK - Time to nibble and add up to the portfolio :thumb:

- RSI: 6 (5 days) :clapping:
- RSI: 13 (14 days)
- Volume: 2393000 ....
20 day av vol: 1880000 ....

with the dividend Rs.4.70 per share (47%), which came to effect on 20/06/2013, the stock has fallen to low levels in past few trading sessions...

S 2 S 1 Pivot R 1 R 2
66.20 67.90 69.70 71.40 73.20

Stock has strong support around 69 levels. Also RSI indicators are in oversold and buy zone. :clap:

Short to mid term traders can accumulate around 69 levels with target of 74.5 - 77 - 81 SL 65.8

 

[n_arvind2000]

DENA BANK - Time to nibble and add up to the portfolio :thumb:

- RSI: 6 (5 days) :clapping:
- RSI: 13 (14 days)
- Volume: 2393000 ....
20 day av vol: 1880000 ....

with the dividend Rs.4.70 per share (47%), which came to effect on 20/06/2013, the stock has fallen to low levels in past few trading sessions...

S 2 S 1 Pivot R 1 R 2
66.20 67.90 69.70 71.40 73.20

Stock has strong support around 69 levels. Also RSI indicators are in oversold and buy zone. :clap:

Short to mid term traders can accumulate around 69 levels with target of 74.5 - 77 - 81 SL 65.8

Dena Bank hits 71 !!!!!!!!!!!! :thumb: :clapping: more to come....
Book profits at regular intervals.

 

[n_arvind2000]

Contrarian Views on Titan Industries by Edelweiss & Emkay

Brokerage house Emkay Global Financial Services is bullish on Titan Industries and has recommended buy rating on the stock with a target price of Rs 280 in its research report :clap:

Edelweiss recommends Titan Industries - 'BUY' with target of 290 :thumb:


Our recent meeting with top management of Titan Industries (Titan; Jewellery COO, Watches COO, CFO) bolsters our confidence that the company is well equipped to brace the recent regulatory headwinds. The company is in active discussions with the RBI to evolve a new business model.

With gold demand nose diving in June, we see reduced risk of further regulatory action. Titan, though hedged for the next two months, is working on increasing domestic sourcing (temple gold with banks) and using direct imports actively. It will also evaluate the option of hedging gold via either MCX or COMEX.

Titan plans to gradually reduce the risk from regulations by exploring new opportunities (new CEO for New Business Division). In our view, Titan is the best play on discretionary consumer space.

We are contra to Street; maintain ‘BUY’ with target of 290 :rofl:

 

[n_arvind2000]

Gold jewellery sales boost Titan profits

Bangalore, Aug 1:

Titan Industries driven by gold jewellery sales has posted 16.88 per cent higher profits at Rs 182.48 crore in the first quarter of the financial year 2013-14 compared with Rs 156.12 crore in the same period last year. :thumb:

The company’s income from operations has also gone up by 40.87 per cent to Rs 3,107.67 crore (Rs 2,205.65 crore). EPS stood at Rs 2.06 compared with Rs 1.76 last year.

Jewellery income in Q1 was Rs 2,614.16 crore, a growth of 47.2 per cent over last year’s income of Rs 1,775.53 crore.

The watches business recorded an income of Rs 401.65 crore (Rs 360.69 crore), a growth of 11.4 per cent. The other businesses eyewear, precision engineering and accessories grew by 37.5 per cent to Rs 123.21 crore.

The company continues to stimulate demand for all its product categories through innovative advertising campaigns, the launch of ‘Inara’ diamond jewellery and a new brand sunglasses ‘Titan Glares’.

Retail expansion continued with a net addition of 15 stores across all its businesses in first quarter. :clap: