Intraday calls

[n_arvind2000]

BTST/Positional:

Buy MCX - Multi Commodity Exchange of India Ltd at 335-340 levels TARGET 559-585-617-640 SL 509 :thumb: :clap:

 

[n_arvind2000]

BTST/Positional:

Buy MCX - Multi Commodity Exchange of India Ltd at 335-340 levels TARGET 559-585-617-640 SL 509 :thumb: :clap:

Blackstone GPV Capital Partners (Mauritius) buys 2.79% in MCX Multi Commodity Exchange of India Ltd for Rs 81.5 crore. (CNBC TV18)

Total Shares 5,09,98,369 means 2.79% is 14,22,853 shares for 81.50 Crores This means that 81.50 Crores divided by 14,22,853 shares = Rs.572.80 per Share. :clapping:

If Black Stone pays 572.80 for 2.79% which is not controlling stake, For getting Controlling stake Cos. will have to pay 20% higher means 687 to 700. Hold for time.... :clap:

 

[n_arvind2000]

Blackstone GPV Capital Partners (Mauritius) buys 2.79% in MCX Multi Commodity Exchange of India Ltd for Rs 81.5 crore. (CNBC TV18)

Total Shares 5,09,98,369 means 2.79% is 14,22,853 shares for 81.50 Crores This means that 81.50 Crores divided by 14,22,853 shares = Rs.572.80 per Share. :clapping:

If Black Stone pays 572.80 for 2.79% which is not controlling stake, For getting Controlling stake Cos. will have to pay 20% higher means 687 to 700. Hold for time.... :clap:

MCX India may touch Rs 620-624: Kunal Bothra

Kunal Bothra of LKP told CNBC-TV18, " MCX India is looking better. Compared to Financial Technologies this is one stock which has managed to recover good ground for the last so many days and also in terms technical language it is crossing that 200-day moving average. It is still beyond crossing that 200-day average, but 200-day level is around Rs 620-624 :clap:

 

[n_arvind2000]

MCX India may touch Rs 620-624: Kunal Bothra

Kunal Bothra of LKP told CNBC-TV18, " MCX India is looking better. Compared to Financial Technologies this is one stock which has managed to recover good ground for the last so many days and also in terms technical language it is crossing that 200-day moving average. It is still beyond crossing that 200-day average, but 200-day level is around Rs 620-624 :clap:

MCX Sep 2013 RESULT was worst ever with Profit of 27 crores & even if we get Dec 2013 & Mar 2014 same result Profit for 2013-14 will be minimum 142 crores & EPS with 3 worst quarterly results cannot go below 27.70.

The Industry PE rating is of 36 times.

Even if we get PE multiple of 15 times, MCX value is 416, 20 times PE is 554, 25 times is 693, 30 times is 831 & 35 times is 970 & at 36.5 times is 1015.

HOLD for good gains... :thumb: :clap:

Also Price Levels..

Aug 243,255,266,292
Sep 448,438,491,410,437,452,382,
Oct 403,425,510,470,459,438,468,473
Nov 473,489,495,505,512,481,432,436,471,495,513,481,472
Dec 469,457,446,450,443,429,413,410,397,385,389,415,458,472,452,478
Jan 492,572,597,610,622,587,540,555,535,522,512,502,468

Details from which level it can go up or down to which level....

Jan levels now trading around 520 .. expect to go past 700-750 by end of Jan. :thumb:

 

[shreeux]

MCX Sep 2013 RESULT was worst ever with Profit of 27 crores & even if we get Dec 2013 & Mar 2014 same result Profit for 2013-14 will be minimum 142 crores & EPS with 3 worst quarterly results cannot go below 27.70.

The Industry PE rating is of 36 times.

Even if we get PE multiple of 15 times, MCX value is 416, 20 times PE is 554, 25 times is 693, 30 times is 831 & 35 times is 970 & at 36.5 times is 1015.

HOLD for good gains... :thumb: :clap:

Also Price Levels..

Aug 243,255,266,292
Sep 448,438,491,410,437,452,382,
Oct 403,425,510,470,459,438,468,473
Nov 473,489,495,505,512,481,432,436,471,495,513,481,472
Dec 469,457,446,450,443,429,413,410,397,385,389,415,458,472,452,478
Jan 492,572,597,610,622,587,540,555,535,522,512,502,468

Details from which level it can go up or down to which level....

Jan levels now trading around 520 .. expect to go past 700-750 by end of Jan. :thumb:

Thanks for good information....already holding this stocks...which level to further accumulate...?

 

[n_arvind2000]

Thanks for good information....already holding this stocks...which level to further accumulate...?

430-500 should be good entry point.. Stock may not go down soon.. If you are already holding, hold on... :thumb:

Market Rumors: Takeover , Merger on the cards... Big fish will buyout soon!!! I see the stock above 1000-1200 levels in 2-3 months time :clap:

 

[timepass]

arvindbhai, please continue to post your daily nifty and banknifty levels. I look forward to them.

Thanks.

 

[n_arvind2000]

arvindbhai, please continue to post your daily nifty and banknifty levels. I look forward to them.

Thanks.

Sure Timepass ji.. will post the Nifty/Bank Nifty levels....

 

[n_arvind2000]

430-500 should be good entry point.. Stock may not go down soon.. If you are already holding, hold on... :thumb:

Market Rumors: Takeover , Merger on the cards... Big fish will buyout soon!!! I see the stock above 1000-1200 levels in 2-3 months time :clap:

MCX today's high 547 ... hope we hit 600 and above tomorrow... :thumb:

Happy Trading...

 

[n_arvind2000]

MCX today's high 547 ... hope we hit 600 and above tomorrow... :thumb:

Happy Trading...

MCX chart turned bullish after day before yesterday's reversal. Bullish Engulfing Candlestick Pattern was formed... Yesterday it is confirmed with Three Outside Up Candlestick Pattern. :clap: :thumb:

Stock should march on .... 635-675 should be the initial targets. We will see 750-900 levels very soon!!!!! HOLD ON... :thumb:

Three Outside Up Candlestick Chart Pattern: is a bullish trend reversal pattern of strong reliability. It is formed at the downtrend or at a possible support. This pattern is a three day pattern or one can say it takes three days for this pattern to be formed. If see deeply into the pattern, its a further extension of Bullish Engulfing Candlestick pattern or its a confirmation for Bullish Engulfing Pattern.