NSE CASH – BUY DBL ABOVE 445 TGT 450 454 SL 441

 

Dilip Buildcon Ltd .is a leading private sector road- focused Engineering Procurement Construction contractors in the country. We gave a buying call in it from a price of 445 .Foiling are the points on behalf of which we gave the call:

• ADX above 20, indicates a strong positive trend.
• RSI crossover above 50.
• Crossover of 18and 5 SMA.
• Candles are formed above 60 EMA indicates buyers are more bullish on DBL .
• Fundamentally, In the Q4FY17 the company sales increased from 220 cr.to354 cr ,net profit is up by 222. 46% which   tells about the company that DBL is focusing on innovative ideas and efficient management system  for the growth of company .

NSE CASH – BUY MANAPPURAM FINANCE ABOVE 95.50 TGT 97 98 SL 94.50

Manappuram Finance Limited is a non –banking financial company situated in Kerala state. Manappuram provides gold loan service, SME Finance Service, Commercial Vehicle Service, Forex and Money Transfer Service. We gave a buy call in it. Following are the points on behalf of which we gave the call:

• Crossover of 5 18 SMA and 60 days EMA.
• ADX above 33 indicates a strong positive trend.
• Opening above previous close, indicates that manappuram is forming a strong support for a uptrend.
• RSI crossover at 51.
• Fundamentally, Manappuram is a strong share quarterly net sales up by 30.45% ,OPM increased from 69.43% to 72.70 % , Net profit is up by  98% .

NSE CASH –   SELL APOLLOTYRES AT 251 TGT 247 245 244 SL 255

 

Apollo Tyre is  a tyre manufacturing company ,with annual revenues of Rs.140.53 million. The company markets its products  under our two global branche Apollo and Vredestin. We gave a sell in it . Following are the points on behalf of which we gave a sell call :

• Crossover of 5 SMA and 60 EMA.
• ADX above 20 , indicates strong selling trend .
• RSI, below 30 indicates over sold region.
• Fundamentally , Q4 FY 17 results were not good , revenue declined by 43.73% , net profit declined by28.56% , OPM declined to 11.61%.

 

NSE CASH – SELL ADANIPOWERAT 27 TGT 26.70 26.47 26.2 SL 27.27

Adani Power Ltd is the power business subsidiary of conglomerate Adani Group with head office at Ahmedabad, Gujarat. Adani Power Ltd is known by the name of India’s largest private thermal power producer with a capacity of 10440 MW. We gave a sell call in it. Following are the points on behalf of which we gave the call:

• RSI down side crossover at 50 indicates reversal.
• ADX above 20 indicates strong trend.
• Crossover of 5, 18 SMA and 60 EMA.
• Fundamentally, Q4FY17 company had given a net loss of 4,960 Crore, Sales declined by 20% .

NSE CASH BUY NAUKRI AT 980 TGT 989 998 SL 972

Naukri (Info Edge) limited is an Indian E-Commerce Company. Head Quarter at Noida .Info edge is involved in various businesses like Recruitment, Matrimony, Real Estate and Education. We gave a buying call in naukri. Following are the points on behalf of which we gave the call:

• Crossover of 18 and 5 SMA.
• RSI between 30 to 60 indicates buying trend.
• ADX crossover at 33, which indicates strong positive trend.
• Previous Close and today’s opening both are same, indicates that investors are more bullish on this stock.
• Fundamentally, Info Edge is a consistent performer. In Q4FY17 revenue increased by 7.96% ,net profit  is 32.87 Core.

 

NSE CASH INTRADAY – BUY MAH. SEAMLESS ABOVE 375 TGT 381 387 393 SL 370

Maharashtra Seamless is in the steel –Tube& Pipe sector company. The company deals in the products like Seamless pipes, coating pipes and ERW pipes. We gave a buying call in it from a price of 375 to a target of 381. Following are the points on the basis of which we gave the call:-

• RSI crossover at 65.
• ADX above 40 indicates a strong buying trend.
• Breakout above the Ichimoku cloud.
• Above the 60 days EMA line.