Intraday calls
- Thread starter n_arvind2000
- Start date
- Status
Wedding purchases boost Tanishq sales:
Tanishq, the jewellery brand of Titan Industries of the Tata Group, bets big on the wedding jewellery market. It has a significant proportion of sales from this segment, according to Gaurav Bhuwan, Head (Marketing).
Tanishq could report 40-45 per cent rise in sales in the last three quarters sequentially, mainly driven by wedding purchases, he said.
Mr. Gaurav Bhuwan was here to launch the Taj collection' of jewellery.
Under this category Tanishq offers Taj Timeless Collection, Taj Contemporary and Taj Avant Garde. These were targeted at progressive women, he said.
Exclusive range
According to Latha Padmanabhan, Regional Business Manager, these were relevant to modern usage, though traditional in nature taking inspiration from Taj Mahal. With an exclusive range of 110 products, these are priced from Rs. 40,000 onwards, she said. Tanishq has 120 outlets across the country with two large-format stores, one each in Chennai (T. Nagar) and SEA (south extension area), New Delhi. It has plans to open more stores this year.
Titan's Tanishq opens new store in Pune:
A baby care room, a children's play area, a men's lounge are part of a new large-format jewellery store unveiled by Tata Group's jewellery brand Tanishq in the city on Thursday.
Spread over 12,000 sq ft, the store houses more than 20,000 exquisite jewellery designs. Titan Industries managing director Bhaskar Bhat inaugurated the store on Bund Garden Road.
Talking about the concept of large-format stores and their need in the city, Bhat said, "India is witnessing an overwhelming need for branded retail chains offering jewellery for every occasion. Identifying the requirement, we planned to open large-format boutiques. This format of stores is a one-stop jewellery destination offering a wide range of products combining tradition with innovation across all price points and weight bands."
At the store one can find iconic collections like the Taj Collection which includes designs inspired by the Taj Mahal; Diamonds of Class, which has jewellery pieces elegantly crafted in high value diamond jewellery for a distinctive style and the Glam Gold collection which has exquisite gold pieces.
"We also have a unique saving and investment scheme - The Golden Harvest, where customers can save and invest a fixed amount every month for 12 months and at the end of the period they get a bonus and can collect the ornament from any of the Tanishq branches from India," said Bhat.
The boutique also provides skilled jewellery consultants to help customers choose what is best for them. This large-format store is the firm's third of its kind in India after Chennai and Mumbai.Titan Industries MD Bhaskar Bhat at the Tanishq store on Bund Garden Road on Thursday
http://www.dnaindia.com/mumbai/report_tanishq-opens-new-store-in-pune_1550649
Tanishq, the jewellery brand of Titan Industries of the Tata Group, bets big on the wedding jewellery market. It has a significant proportion of sales from this segment, according to Gaurav Bhuwan, Head (Marketing).
Tanishq could report 40-45 per cent rise in sales in the last three quarters sequentially, mainly driven by wedding purchases, he said.
Mr. Gaurav Bhuwan was here to launch the Taj collection' of jewellery.
Under this category Tanishq offers Taj Timeless Collection, Taj Contemporary and Taj Avant Garde. These were targeted at progressive women, he said.
Exclusive range
According to Latha Padmanabhan, Regional Business Manager, these were relevant to modern usage, though traditional in nature taking inspiration from Taj Mahal. With an exclusive range of 110 products, these are priced from Rs. 40,000 onwards, she said. Tanishq has 120 outlets across the country with two large-format stores, one each in Chennai (T. Nagar) and SEA (south extension area), New Delhi. It has plans to open more stores this year.
Titan's Tanishq opens new store in Pune:
A baby care room, a children's play area, a men's lounge are part of a new large-format jewellery store unveiled by Tata Group's jewellery brand Tanishq in the city on Thursday.
Spread over 12,000 sq ft, the store houses more than 20,000 exquisite jewellery designs. Titan Industries managing director Bhaskar Bhat inaugurated the store on Bund Garden Road.
Talking about the concept of large-format stores and their need in the city, Bhat said, "India is witnessing an overwhelming need for branded retail chains offering jewellery for every occasion. Identifying the requirement, we planned to open large-format boutiques. This format of stores is a one-stop jewellery destination offering a wide range of products combining tradition with innovation across all price points and weight bands."
At the store one can find iconic collections like the Taj Collection which includes designs inspired by the Taj Mahal; Diamonds of Class, which has jewellery pieces elegantly crafted in high value diamond jewellery for a distinctive style and the Glam Gold collection which has exquisite gold pieces.
"We also have a unique saving and investment scheme - The Golden Harvest, where customers can save and invest a fixed amount every month for 12 months and at the end of the period they get a bonus and can collect the ornament from any of the Tanishq branches from India," said Bhat.
The boutique also provides skilled jewellery consultants to help customers choose what is best for them. This large-format store is the firm's third of its kind in India after Chennai and Mumbai.Titan Industries MD Bhaskar Bhat at the Tanishq store on Bund Garden Road on Thursday
http://www.dnaindia.com/mumbai/report_tanishq-opens-new-store-in-pune_1550649
TITAN TECHNICALS
Titan trend is in the upside and would be bullish in the coming days ahead!
7 day RSI around 80 and 14 day RSI @ 65
S 2 S 1 Pivot R 1 R 2
4188.65 4235.10 4271.50 4317.95 4354.30
Resistance around 4315 and 4350 levels.....once crossing these levels with good volumes we can see 4415-4540-4775-4900 keep SL 4200
Till Bonus time .................. 5000/- is not so far!!!!! :clap: :clapping:
Titan trend is in the upside and would be bullish in the coming days ahead!
7 day RSI around 80 and 14 day RSI @ 65
S 2 S 1 Pivot R 1 R 2
4188.65 4235.10 4271.50 4317.95 4354.30
Resistance around 4315 and 4350 levels.....once crossing these levels with good volumes we can see 4415-4540-4775-4900 keep SL 4200
Till Bonus time .................. 5000/- is not so far!!!!! :clap: :clapping:
TITAN 4514 high!!!!!!!!!!!!!!! 52-week high!!! :thumb: :clapping: :clap:
Watch out for 4530-4577-4605-4660......keep SL 4420
Invest in Titan Industries: Devang Mehta
Devang Mehta of Anand Rathi is of the view that one should invest in Titan Industries for long term.
Mehta told CNBC Awaaz, "Long term investors should invest in Titan Industries. Stock can go up further."
Titan Industries to mergeTitan Properties unit with itself
Jewellery and watch retailer Titan Industries said on Wednesday it plans to merge unit Titan Properties with itself.
Titan Properties was set up to develop a Titan township near Hosur in Karnataka for employees of the holding company, it said in an exchange filing.
Titan properties decided not to undertake any further developmental activities and hence "felt it expedient to amalgamate with the holding company", Titan Industries said. :clapping:
Devang Mehta of Anand Rathi is of the view that one should invest in Titan Industries for long term.
Mehta told CNBC Awaaz, "Long term investors should invest in Titan Industries. Stock can go up further."
Titan Industries to mergeTitan Properties unit with itself
Jewellery and watch retailer Titan Industries said on Wednesday it plans to merge unit Titan Properties with itself.
Titan Properties was set up to develop a Titan township near Hosur in Karnataka for employees of the holding company, it said in an exchange filing.
Titan properties decided not to undertake any further developmental activities and hence "felt it expedient to amalgamate with the holding company", Titan Industries said. :clapping:
ELLIOT WAVE COUNT FOR TITAN INDUSTRIES:
1. Supercycle (Warren Buffett Type Investors): Titan is in the 3rd wave up, and so is the nifty, i will not put up targets here, cause it will lead to lot of contradictory discussions making this thread much longer
2. Standard Cycle (Time Frame is Long term chart) (Institution type investors): We are in the 3rd wave up in this cycle and target for this are 1st Tgt:8912, 2nd Tgt:12312. Exit:2943. :clap: :clapping:
3. Primary Cycle ( Mutual fund types, who keep on churning their portfolio after their model targets are hit): We are in a 3rd wave up and tgts for this are 1st Tgt: 5857, 2nd Tgt: 9097. Exit 3732. :thumb:
4: Intermediate Cycle (Time Frame is Primary Chart)(Long term Investors): We are in the 3rd wave up tgts here are Tgt1: 5415 and Tgt2: 7699. Exit 3732. :thumb:
5: Minor Cycle (Calculation Time frame is 1.5 years)(Medium term Investor): We are in a 5th wave up on this cycle, tgts are Tgt 1:4691, Tgt 2: 5324. :lol: :clap:
Ok, now there are 4 more cycles( Minute, Minuette, Sub Minuette and Micro) but i think the above 5 are the most important from ted point of view hence will not post them.
Note: There are a lot of if's and buts in the elliot wave model, but if the tagging on waves is perfect, the results are just spectacular, i have tried to refine and refine and this is the best i could come up with. it took me whole 9 days to put this up, i hope it is worth while for all of us.
1. Supercycle (Warren Buffett Type Investors): Titan is in the 3rd wave up, and so is the nifty, i will not put up targets here, cause it will lead to lot of contradictory discussions making this thread much longer
2. Standard Cycle (Time Frame is Long term chart) (Institution type investors): We are in the 3rd wave up in this cycle and target for this are 1st Tgt:8912, 2nd Tgt:12312. Exit:2943. :clap: :clapping:
3. Primary Cycle ( Mutual fund types, who keep on churning their portfolio after their model targets are hit): We are in a 3rd wave up and tgts for this are 1st Tgt: 5857, 2nd Tgt: 9097. Exit 3732.
:thumb:4: Intermediate Cycle (Time Frame is Primary Chart)(Long term Investors): We are in the 3rd wave up tgts here are Tgt1: 5415 and Tgt2: 7699. Exit 3732. :thumb:
5: Minor Cycle (Calculation Time frame is 1.5 years)(Medium term Investor): We are in a 5th wave up on this cycle, tgts are Tgt 1:4691, Tgt 2: 5324. :lol: :clap:
Ok, now there are 4 more cycles( Minute, Minuette, Sub Minuette and Micro) but i think the above 5 are the most important from ted point of view hence will not post them.
Note: There are a lot of if's and buts in the elliot wave model, but if the tagging on waves is perfect, the results are just spectacular, i have tried to refine and refine and this is the best i could come up with. it took me whole 9 days to put this up, i hope it is worth while for all of us.
Nesco there was recommendation on TV by fund house.
Nesco is Rental income/real estate story...... which will fizzle out in the due course!
Book profits at regular intervals....It is a short term play.
Where as TITAN is Consumer growth oriented story...... People will deploy excess wealth in gold and other precious ornaments.... Marriages, Gifts...everything needs GOLD. So the story will continue for TITAN another 4-5 yrs....
I would advice to hold TITAN for 4-5 yrs....and not Nesco... :thumb:
Nesco is Rental income/real estate story...... which will fizzle out in the due course!
Book profits at regular intervals....It is a short term play.
Where as TITAN is Consumer growth oriented story...... People will deploy excess wealth in gold and other precious ornaments.... Marriages, Gifts...everything needs GOLD. So the story will continue for TITAN another 4-5 yrs....
I would advice to hold TITAN for 4-5 yrs....and not Nesco... :thumb:
Gitanjali Gems buys Italian jewellery firm for 11 Million
Leading jewellery brand Gitanjali Gems today said it has acquired Italy-based jewellery firm DIT Group SpA, which owns brands like Stefan Hafner, for $11 million. :thumb:
"We have acquired DIT Group Spa for $11 million," Gitanjali Gems Managing Director Mehul Choksi told PTI.
DIT, a unit of Dubai-based jewellery group Damas International, had filed for bankruptcy and was under liquidation process with Civil Court of Alessandria in Italy.
"The liquidation process has been completed and we have got permission to officially acquire the assets of DIT Group Spa," he said.
"Along with DIT Group Spa, Gitanjali has acquired its operating vehicle 'BLU Srl', which was set up to help the four brands [Stefan Hafner, IO Si, Roberta Porrati, and Nouvelle Bague] keep working when DIT had sought to restructure debt," he said.
Choksi further said that there is good brand equity of these brands in Italy and the takeover of the company will help Gitanjanli with DIT's Italian techniques and creativity for high-end products.
Gitanjali has brands such as Nakshatra, Asmi, Gilli and D'Damas. :clap: :clapping:
Leading jewellery brand Gitanjali Gems today said it has acquired Italy-based jewellery firm DIT Group SpA, which owns brands like Stefan Hafner, for $11 million. :thumb:
"We have acquired DIT Group Spa for $11 million," Gitanjali Gems Managing Director Mehul Choksi told PTI.
DIT, a unit of Dubai-based jewellery group Damas International, had filed for bankruptcy and was under liquidation process with Civil Court of Alessandria in Italy.
"The liquidation process has been completed and we have got permission to officially acquire the assets of DIT Group Spa," he said.
"Along with DIT Group Spa, Gitanjali has acquired its operating vehicle 'BLU Srl', which was set up to help the four brands [Stefan Hafner, IO Si, Roberta Porrati, and Nouvelle Bague] keep working when DIT had sought to restructure debt," he said.
Choksi further said that there is good brand equity of these brands in Italy and the takeover of the company will help Gitanjanli with DIT's Italian techniques and creativity for high-end products.
Gitanjali has brands such as Nakshatra, Asmi, Gilli and D'Damas. :clap: :clapping:
Gitanjali Gems: Technical View
Gitanjali Gems is in Bullish territory, with trend line on the UPSIDE and RSI indicating a Strong Buy!
- 5 day RSI: 71
- 14 day RSI: 67
- Volume: 1685000 .... 20 day av vol: 1426000
S 2 S 1 Pivot R 1 R 2
282.40 287.75 291.70 297.05 301.00
Once crossing above Resistance (R2), can hit 319-335 in very short term and in the longer side...can go for 369-405-447 keep eod sl 288
Gitanjali Gems is in Bullish territory, with trend line on the UPSIDE and RSI indicating a Strong Buy!
- 5 day RSI: 71
- 14 day RSI: 67
- Volume: 1685000 .... 20 day av vol: 1426000
S 2 S 1 Pivot R 1 R 2
282.40 287.75 291.70 297.05 301.00
Once crossing above Resistance (R2), can hit 319-335 in very short term and in the longer side...can go for 369-405-447 keep eod sl 288
Last edited:
Rakesh Jhunjhunwala on his investment in TITAN INDUSTRIES
Are you excited that Titan is at an all time high, your biggest investment?
I am happy that the company has proved itself to be an extremely good robust company, very good growth prospects, now getting very aggressive. I am extremely very happy really.
But you are still of the view that Titan potentially could be $1 billion investment for you?
I am hopeful now it should be more than that.
More than a billion?
Why not?
Why is Titan an exciting business to own?
Because this business has the highest entry barriers. They have good growth. They have excellent management. They are expanding very aggressively. They have good brands. So I think the retailing is going to be one of the biggest growth stories in India and Titan is in a sector which dominates whether watches or jewellery and now they are coming to frames. They could enter other areas also. So with such high entry barriers and growth and very high return on equity and good positive cash flows, Titan surely is a very sweet spot. :clap: :thumb:
It is interesting if I look at your investment portfolio. You do not own any Nifty 50 or Sensex 30 stocks. Why is that?
I hope that some of those stocks which I own will become part of the Nifty or Sensex.
So apart from Titan, which other stock has the possibility of being part of Nifty 50?
Lupin. Lupin is a fairly large company now.
Are you excited that Titan is at an all time high, your biggest investment?
I am happy that the company has proved itself to be an extremely good robust company, very good growth prospects, now getting very aggressive. I am extremely very happy really.
But you are still of the view that Titan potentially could be $1 billion investment for you?
I am hopeful now it should be more than that.
More than a billion?
Why not?
Why is Titan an exciting business to own?
Because this business has the highest entry barriers. They have good growth. They have excellent management. They are expanding very aggressively. They have good brands. So I think the retailing is going to be one of the biggest growth stories in India and Titan is in a sector which dominates whether watches or jewellery and now they are coming to frames. They could enter other areas also. So with such high entry barriers and growth and very high return on equity and good positive cash flows, Titan surely is a very sweet spot. :clap: :thumb:
It is interesting if I look at your investment portfolio. You do not own any Nifty 50 or Sensex 30 stocks. Why is that?
I hope that some of those stocks which I own will become part of the Nifty or Sensex.
So apart from Titan, which other stock has the possibility of being part of Nifty 50?
Lupin. Lupin is a fairly large company now.
- Status
| Thread starter | Similar threads | Forum | Replies | Date |
|---|---|---|---|---|
| W | Looking for Intraday Strategies (not tips/calls) | Day Trading | 3 | |
| C | Please suggest top 3 brokers that are good with intraday calls | Brokers & Trading Platforms | 0 | |
| H | crudeoil intraday calls | Commodities | 1 | |
| G | Paid subscription service for getting intraday calls ? | Day Trading | 20 | |
| J | Crude intraday calls | Energy | 89 |
Similar threads
-
-
Please suggest top 3 brokers that are good with intraday calls
- Started by curiousv
- Replies: 0
-
-
-