NSE Ticker

Thursday, October 31, 2013

OCTOBER STOCKOPTIONS - RAJKAMALSTOCKOPTIONS








OCTOBER STOCKOPTIONS - RAJKAMALSTOCKOPTIONS
STOCK DATE STRIKE ENTRY TAR1 TAR2 SL CLOSED CALL P/L-2LOTS
RCOM `1/10 170 CALL 3.5 4.2 4.8 3 EXIT COST  
RANBAXY `1/10 360 CALL 19.5 25   17 23 3500.00
KTKBANK `1/10 85 CALL 6.5 7.5 8.5 6 EXIT COST  
KTKBANK 3/10 90 CALL 4.5 5.5 6.5 4 5 2000.00
HINDALCO 3/10 117.5 CALL 4.5 5.5     5.2 5600.00
SESAGOA 3/10 210 CALL 4.5 5.5     5.5 4000.00
ZEE 3/10 255 CALL 2       9 14000.00
LIC 4/10 220 CALL 5 8 10   6 2000.00
TATASTEEL 7/10 300 CALL 13 16   10 16 6000.00
RANBAXY 7/10 390 CALL 16.5 20 24   23 6500.00
RANBAXY 7/10 420 CALL 7 9 12 5 11 2000.00
HINDALCO 7/10 130 CALL 1.75 2.25 2.75 1.25 2.75 8000.00
APOLLOTYRE 8/10 80 CALL 1       2 8000.00
KTKBANK 8/10 95 CALL 3.2       4.2 4000.00
PUNJLYOD 8/10 30 CALL 1       1.3 4800.00
PUNJLYOD 8/10 32.5 CALL 0.7       1 4800.00
INFY 9/10 3250 CALL 115       135 5000.00
IBREALESTATE 9/10 65 CALL 1.7     1.5 2.4 5600.00
JPASSOCIATES 9/10 40 CALL 1.7       2.7 8000.00
JINDALSTEL 9/10 260 CALL 4.4       5.4 2000.00
LICHSG 10/10 230 CALL 3.9 5LOTS     5 5000.00
RANBAXY 11/10 440 CALL 8.5       13.5 5000.00
ICICIBANK 11/10 960 CALL 42       50 4600.00
TATAGLOBAL 11/10 160 CALL  4.5       5.5 4000.00
TATAMOTORS 11/10 390 CALL 10       11 2000.00
TATASTEEL 15/10 330 CALL 5       7 4000.00
SESAGOA 18/10 200 CALL 2.15       6.5 16000.00
ITC 350  18/10 350 CALL 7.5       10.5 6000.00
HINDALCO 18/10 115 CALL 3.3       4.3 8000.00
HDIL 18/10 45 CALL 0.95       10.45 4000.00
AUROPHARMA 21/10 220 CALL 5       7 8000.00
COALINDIA  21/10 300 CALL 2.9       3.9 2000.00
RCOM 21/10 170 CALL 0.55       1.1 4000.00
RENUKA 22/10 22.5 CALL 0.95       1.4 8000.00
JAIN IRRIGATION 23/10 65 CALL 1.5       2.5 8000.00
TATAGLOBAL 24/10 165CALL 2.5       3.5 4000.00
RENUKA 28/10 22.5 CALL 1.5       2.25 13500.00
ADANIENT 28/10 210 CALL 4.5       6 3000.00
SBI 31/10 1750 CALL 8   5 LOTS   50 26500.00
                231400.00

Tuesday, October 29, 2013

Tata Steel cuts 500 jobs in Scunthorpe, Workington and Teesside


Tata Steel cuts 500 jobs in Scunthorpe, Workington and Teesside

 Tata's Scunthorpe works at night

Nearly 500 jobs are due to be cut by Tata Steel at its plants in Scunthorpe, Workington and Teesside, the company has confirmed.

The planned cuts have been blamed on prolonged weak demand in the construction industry.

About 340 jobs could be affected in Scunthorpe, 90 in Workington and 40 in Teesside.

The company said the cuts would mainly affect management and administrative roles.

'Fragile economy' Chief executive of Tata Steel's European operations, Karl Koehler said: "European steel demand this year is expected to be only two-thirds of pre-crisis levels after falls in the past two years.

"On top of the challenging economic conditions, rules covering energy and the environment in Europe and the UK threaten to impose huge additional costs on the steel industry."

He said they would work with staff and unions during the restructuring to support employees.

General Secretary of the Community Union Michael Leahy said: "We recognise the business has been dealing with a downturn in some of its markets for the past five years. 

"Nevertheless, this news once again reflects the fragile state of our economy and the lack of any real impetus by government to support our manufacturing base.

"Community is seeking an urgent meeting with the company to get their agreement to extending the consultation period to allow for all alternatives to be explored and also to reiterate Community's opposition to any compulsory redundancy."

 

Rajan Needs Help From New Delhi in Inflation Fight

Rajan Needs Help From New Delhi in 

Inflation Fight

The Wall Stree Journal

While India’s central bank head Raghuram Rajan stuck to his guns in his standoff with inflation, raising interest rates Tuesday, economists said he will need more help from New Delhi to successfully arrest rising prices.

 

While India’s central bank head Raghuram Rajan stuck to his guns in his standoff with inflation, raising interest rates Tuesday, economists said he will need more help from New Delhi to successfully arrest rising prices.

On Tuesday the Reserve Bank of India governor raised India’s key overnight lending rate by a quarter percentage point to 7.75%. While the hike was expected, it was the second consecutive rate increase by Mr. Rajan since he took office last month, reversing an earlier easing trend started by his predecessor.

The RBI had lowered rates by 1.25 percentage points from April 2012 to May 2013 as inflation at that time seemed in control. A sharp depreciation in the rupee, which makes imports more expensive, has since fanned the flames of inflation and forced the central bank to turn hawkish.

“Curbing mounting inflationary pressures and managing inflation expectations will help strengthen the environment for growth by fostering macroeconomic and financial stability,” Mr. Rajan said after announcing the rise in interest rates Tuesday.

Wholesale prices—the most closely followed indicator of inflation in India—jumped to a seven-month high of 6.46% in September. It has been stuck above the central bank’s comfort level of 5% for more than four months. Meanwhile India’s consumer price index, less important for the country’s policy makers but an important indicator of how India’s poor are being affected, has recently been hovering near 10%.

Mr. Rajan has had to make tough decisions to deal with inflation even as India is caught in a painful slowdown.
Growth in gross domestic product dipped to a 10-year low of 5% in the fiscal year ended March, compared with above 9% seen in the years before. Next year will likely be worse for the south Asian nation, economists say. 

The Asian Development Bank recently slashed its growth forecast for India to 4.7% for the year ending next March from a previous prediction of 6.0%.


If India wants to get out of this rut New Delhi and the Mumbai-based RBI have to work together. New Delhi needs to open its economy more and lower government spending which is pushing up interest rates and demand, economists said. The central government also needs to help encourage investment in the country’s overburdened supply chains, roads, ports and power plants which exacerbate inflation by adding to costs of delivery and production.


“In this kind of situation where pressure is coming from high food prices so monetary policy will be less effective,” by itself at keeping prices from rising, said Siddhartha Sanyal, India economist at Barclays Capital.


The government will have to take measures to lift the supply of foods, he said, such as allowing more vegetable imports. The government will also have to reform the process through which land is acquired and infrastructure is built, he added.


“Bringing about a sustained recovery in growth and inflation down, however, also hinges importantly on the government moving from the announcement to the implementation of structural reforms,” which encourage investment and reign in government spending,  Leif Eskesen, HSBC’s chief economist for India and Southeast Asian countries said in a report Tuesday.  

“With inflation risks still tilted to the upside, the RBI has to keep its inflation guards up and stand ready, if needed, to raise rates further to bring inflation under control. 

However, the RBI cannot do all of this alone and the government needs to chip in with structural reforms and fiscal consolidation.”


– Anant Vijay Kala contributed to this post.

 

OCTOBER NIFTY OPTIONS - RAJKAMALSTOCKOPTIONS



OCTOBER NIFTY OPTIONS - RAJKAMALSTOCKOPTIONS
NIFTY OPTION DATE ENTRY SL TAR`1 TAR`2 CLOSE CALL P / L - 5 LOTS
NIFTY 5800 CALL 1/10/2013 165 150 175 195 180 3750
BANKNIFTY 10500 CALL 3/10 285 260 350 450 330 5625
NIFTY 5600 PUT 4/10 50 40     60 2500
NIFTY 5600 PUT 7-10 60       75 3750
NIFTY 6050 CALL 7-10 82 70     102 5000
NIFTY 5900 PUT 8/10 117       130 3250
NIFTY 6150 CALL 9/10 75       95 5000
BANKNIFTY 10700 CALL 11/10 245       320 3500
NIFTY 6000 CALL 18/10 165       200 8750
NIFTY 6300 CALL 18/10 27       42 3750
BANKNIFTY 10800 CALL 18/10 206       250 5750
NIFTY 6150 CALL 23/10 60       80 5000
NIFTY 6200 PUT 23/10 72       92 5000
NIFTY 6100 CALL 24/10 108       172 16000
NIFTY 6100 CALL 29/10 55       125 17500
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
              94125

Monday, October 28, 2013

BANKNIFTY STRATEGY FOR TOMORROW




BANKNIFTY STRATEGY FOR TOMORROW

BUY 10,000 PUT AT 12

BUY 11,700 CALL @ 7

TARGET 35
TARGET 35 
TARGET 35  
TARGET 35 
TARGET 35   



it gets worse before better


Life is to live every moment positively...........No one is perfect..........Need to try...............always.........to keep life going...............








Govt clears 13 FDI proposals worth Rs 1,258 crore

Govt clears 13 FDI proposals worth Rs 1,258 crore

PTI    New Delhi   Last Updated: October 28, 2013  | 00:00 IST 
 
The government on Monday cleared 13 foreign direct investment (FDI) proposals, totalling Rs 1,258 crore, and referred Axis Bank's proposal for increasing foreign equity amounting to about Rs 6,266 crore for consideration of the Cabinet.
Govt clears 13 FDI proposals worth Rs 1,258 crore
"Based on the recommendations of Foreign Investment Promotion Board (FIPB)... Government has approved 13 Proposals of foreign direct investment amounting to Rs 1258.53 crore approximately," the Finance Ministry said.

FIPB, in its September 19 meeting, had also deferred decision on 8 FDI applications while two were rejected, it said.

Among major proposals that have been approved include Shantha Biotechnics (Rs 755 crore), Equitas Holdings (Rs 222.8 crore) and Stork Titanium (Rs 156 crore).

Shantha Biotechnics has been given permission to buy out the shares held by NRIs and Indian residents and to infuse fresh equity investment.

The finance ministry further said the proposal of private sector lender Axis Bank, amounting to Rs 6,265.76 crore has been recommended for consideration of Cabinet Committee on Economic Affairs as the investment involved in the application is above Rs 1,200 crore.

The bank had sought FIPB's nod to increase the foreign equity from the existing 49 per cent to 62 per cent.

Proposals on which decision was deferred include Jubilant Aeronatics, Soma Tollways, M D Shajahan Bablu, Bangladesh, and Green Destinations Holdings, Mauritius.

The finance ministry also said that decisions on five proposals have been kept in abeyance.

During the April-August period of 2013-14 fiscal, FDI inflows into the country stood at $8.46 billion, up 4 per cent from $8.16 billion in the year ago period.

OCTOBER STOCKOPTIONS - RAJKAMALSTOCKOPTIONS







OCTOBER STOCKOPTIONS - RAJKAMALSTOCKOPTIONS
STOCK DATE STRIKE ENTRY TAR1 TAR2 SL CLOSED CALL P/L-2LOTS
RCOM `1/10 170 CALL 3.5 4.2 4.8 3 EXIT COST  
RANBAXY `1/10 360 CALL 19.5 25   17 23 3500.00
KTKBANK `1/10 85 CALL 6.5 7.5 8.5 6 EXIT COST  
KTKBANK 3/10 90 CALL 4.5 5.5 6.5 4 5 2000.00
HINDALCO 3/10 117.5 CALL 4.5 5.5     5.2 5600.00
SESAGOA 3/10 210 CALL 4.5 5.5     5.5 4000.00
ZEE 3/10 255 CALL 2       9 14000.00
LIC 4/10 220 CALL 5 8 10   6 2000.00
TATASTEEL 7/10 300 CALL 13 16   10 16 6000.00
RANBAXY 7/10 390 CALL 16.5 20 24   23 6500.00
RANBAXY 7/10 420 CALL 7 9 12 5 11 2000.00
HINDALCO 7/10 130 CALL 1.75 2.25 2.75 1.25 2.75 8000.00
APOLLOTYRE 8/10 80 CALL 1       2 8000.00
KTKBANK 8/10 95 CALL 3.2       4.2 4000.00
PUNJLYOD 8/10 30 CALL 1       1.3 4800.00
PUNJLYOD 8/10 32.5 CALL 0.7       1 4800.00
INFY 9/10 3250 CALL 115       135 5000.00
IBREALESTATE 9/10 65 CALL 1.7     1.5 2.4 5600.00
JPASSOCIATES 9/10 40 CALL 1.7       2.7 8000.00
JINDALSTEL 9/10 260 CALL 4.4       5.4 2000.00
LICHSG 10/10 230 CALL 3.9 5LOTS     5 5000.00
RANBAXY 11/10 440 CALL 8.5       13.5 5000.00
ICICIBANK 11/10 960 CALL 42       50 4600.00
TATAGLOBAL 11/10 160 CALL  4.5       5.5 4000.00
TATAMOTORS 11/10 390 CALL 10       11 2000.00
TATASTEEL 15/10 330 CALL 5       7 4000.00
SESAGOA 18/10 200 CALL 2.15       6.5 16000.00
ITC 350  18/10 350 CALL 7.5       10.5 6000.00
HINDALCO 18/10 115 CALL 3.3       4.3 8000.00
HDIL 18/10 45 CALL 0.95       10.45 4000.00
AUROPHARMA 21/10 220 CALL 5       7 8000.00
COALINDIA  21/10 300 CALL 2.9       3.9 2000.00
RCOM 21/10 170 CALL 0.55       1.1 4000.00
RENUKA 22/10 22.5 CALL 0.95       1.4 8000.00
JAIN IRRIGATION 23/10 65 CALL 1.5       2.5 8000.00
TATAGLOBAL 24/10 165CALL 2.5       3.5 4000.00
RENUKA 28/10 22.5 CALL 1.5       2.25 13500.00
ADANIENT 28/10 210 CALL 4.5


6 3000.00
                204900.00