Intraday calls

[n_arvind2000]

16th Dec - Analysis

Indian Stock Market to open gap negative with 30-65 points for Nifty. Overall, Indian Stock Market is still in negative trend and Any positive movement would still be temporary in nature and would be just a short-covering.

Further correction would be seen in the market in days to come. Traders should wait for some positive movements and then go short in the market.

Nifty can see levels of 8175-8150-8100 in days to come. FIIs were net sellers of of Rs.455.72 crores whereas DIIs were net buyers of Rs.136.02 crores on Monday.

Nifty would see strong support at 8175-8150-8100 levels whereas strong resistance would be seen at 8250-8315-8350 levels.

NSE Nifty: (8220) The support for the Nifty is at 8175-8150-8100 and the resistance to the up move is at 8250-8315-8350 levels.

NSE BankNifty: (18373) The support for the BankNifty is at 18180-18000-17920 and the resistance to the up move is at 18500-18590-18660 levels.

BSE Sensex: (27320) The support for the Sensex is at 27220-27088-26970 and the resistance to the up move is at 27400-27590-27700 levels.

 

[n_arvind2000]

17th Dec - Analysis

Indian Stock Market to open flat. Some short covering (Positive movements) would be seen today but overall market is still negative and now next support would exist at 8000-7950 levels.

Breaching these levels, Nifty may also see levels of 7800 in days to come. FIIs were net sellers of of Rs.1247.24 crores whereas DIIs were net buyers of Rs.534.6 crores on Tuesday.

Nifty would see strong support at 8000-7950-7800 levels whereas strong resistance would be seen at 8120-8250-8315 levels.

NSE Nifty: (8068) The support for the Nifty is at 8000-7950-7800 and the resistance to the up move is at 8120-8250-8315 levels.

NSE BankNifty: (17831) The support for the BankNifty is at 17750-17600-17500 and the resistance to the up move is at 18000-18082-18300 levels.

BSE Sensex: (26781) The support for the Sensex is at 26720-26600-26500 and the resistance to the up move is at 26920-27000-27200 levels.

 

[n_arvind2000]

Watch Va Tech Wabag 1320 >>>>>> 1400 levels...

 

[n_arvind2000]

Watch Va Tech Wabag 1320 >>>>>> 1400 levels...

Fantastic !!!!!!!!!!!!!! :rofl: :rofl: 1475 :thumb:

 

[n_arvind2000]

Fantastic !!!!!!!!!!!!!! :rofl: :rofl: 1475 :thumb:

Wabag 1510 !!!!! :thumb: :clap:
Dhanuka 515 !!!!! :rofl: :thumb:

 

[n_arvind2000]

18th Dec - Analysis:

Indian Stock Market to gap positive with 40 to 50+ points for Nifty. Now some signals of positive movement is expected in the market.

Indian Stock Market would see a strong bounce back with Banking sector leading the market. Closing above 8000 mark has given some strength in the trend. Traders can trade long until Nifty holds levels of 7950.

FIIs were net sellers of of Rs.1636.36 crores whereas DIIs were net buyers of Rs.1423.83 crores on Wednesday.

Nifty would see strong support at 8000-7950-7880 levels whereas strong resistance would be seen at 8120-8250-8315 levels.

NSE Nifty: (8030) The support for the Nifty is at 8000-7950-7880 and the resistance to the up move is at 8120-8250-8315 levels.

NSE BankNifty: (17866) The support for the BankNifty is at 17750-17600-17500 and the resistance to the up move is at 18000-18082-18300 levels.

BSE Sensex: (26710) The support for the Sensex is at 26700-26600-26460 and the resistance to the up move is at 26920-27000-27200 levels.

 

[n_arvind2000]

Wabag 1510 !!!!! :thumb: :clap:
Dhanuka 515 !!!!! :rofl: :thumb:

Dhanuka @ 533 !!!!!!!!!!!! :clap:

 

[betenoire]

@arvind How did you get to Dhanuka and Wabag? Plz tell

 

[n_arvind2000]

@arvind How did you get to Dhanuka and Wabag? Plz tell

Sir,

Va Tech Wabag is a leading MNC in the water treatment space (water desalination, sewage water treatment, waste water treatment, etc), which operates on an asset light-EPC led model in water treatment projects across municipal and industrial segments, where they focus on design and engineering while outsourcing civil construction and erection jobs. The company has a global presence and about 100 patents, which include both products and process patents. The company’s reported revenue increased 39.2% YoY to | 2,230 crore in FY14 (domestic – 51% & overseas – 49%) and PAT of 113 crore.

Highlights:
1. Asset light model with strong balance sheet and robust order backlog.
2. With EPS estimates from Cholamandam securities and Motilal Oswal for FY2015 around 55, FY2016 - 75-85 and FY2017 - 95-105..

At CMP 1501/- stock is trading at 21 times 2016 and 17.5 times 2017.
With conservate estimate of 20x FY2017, stock price can go for 2100/-
Hold with 2-3 years period view for strong gains.

-----------------------------------------

Dhanuka Agritech’s asset-light business model is one of the unique business models in Indian agro chemicals business. The company is focusing on tie-ups with global agro-chemical majors to procure active ingredients for manufacturing and marketing of specialty molecules. The asset-light model along with exclusive tie-ups with MNCs has worked well for the company and resulted in high return ratios as compared with peers. The company’s marketing network is one of the best in India which penetrates
even the interiors of villages. This has given the company a distinct edge over competition.

It has a strong pipeline of new product launches over the next three years which would considerably boost its revenues and profitability. The company is going to launch 6 exclusive new molecules in the domestic market in the next 2 years of which two molecules have potential to become a blockbuster.

In order to produce new and exclusive products the company has started to increase the capacity by the
way of setting up a greenfield project in Rajasthan. The capacity of the project will be double the
current capacity, so after the greenfield expansion its capacity will become three times its current
capacity. Consequently, it would get opportunity to monetise 6 acres of land in Gurgaon (site of its oldest
plant).

Large product portfolio
Dhanuka's product portfolio comprises of 80 products of which 25 products are in-licensed & contribute ~47% of revenue. Dhanuka has tie-up with 3 American (Chemtura Agro, FMC Corp & Dupont) & 4 Japanese (Nissan Chemicals, Mitsui Chemicals, Sumitomo Chemicals & Hokko Chemical) companies & enjoys long lasting relationship with them. The top 5, 10 & 20 products contribute around ~31%, ~43% & ~62% of revenue respectively.

Healthy launch pipeline
The company plans to launch 5-6 products both in FY15 & FY16. Out of the new launches in FY15, 2-3 products would be under section 9(3) & one of the product would find its application in paddy crop. Products launched under 9(3) are launched for the first time in India & enjoy higher margin. In FY16 the company plans to launch a product for sugarcane crop. It has launched 5 products in FY14.

Highlights:
With EPS estimates of FY15 is at 26-28, FY16 35-40 and FY17 - 45-50.
At CMP 528/- stock is trading at 13 times 2016 and 10.5 times 2017.
With conservate estimate of 25x FY2017, stock price can go to 1250/-
Hold with long term view for strong gains.

 

[n_arvind2000]

19th Dec - Analysis:

Indian Stock Market to gap positive with 40-60+ points for Nifty and 120-160+ points for Sensex. Indian Stock Market would still see positive trends. Traders can trade long until Nifty holds levels of 8090 levels by closing.

FIIs were net sellers of of Rs.874.89 crores whereas DIIs were net buyers of Rs.648.17 crores on Thursday.

Nifty would see strong support at 8090-8000-7950 levels whereas strong resistance would be seen at 8250-8315 levels.

NSE Nifty: (8159) The support for the Nifty is at 8090-8000-7950 and the resistance to the up move is at 8250-8315 levels.

NSE BankNifty: (18327) The support for the BankNifty is at 18100-18000-18920 and the resistance to the up move is at 18500-18615-18730 levels.

BSE Sensex: (27127) The support for the Sensex is at 27000-26900 and the resistance to the up move is at 27200-27500-27660 levels.