Monthly calendar for September 2015
Key data releases for September 2015 

September 1
EZ, US, JN, CH, IN: Markets await manufacturing PMI data for August 
AU: Reserve Bank of Australia (RBA) policy decision awaited 

September 2
US: ADP employment change data for August awaited 

September 3
EZ: European Central Bank (ECB) policy decision awaited 

September 4
US: Markets will closely track nonfarm payrolls (NFP) for August 

September 8
JN: Q2 2015 GDP (final reading) will be closely watched 
EZ: Markets will closely track Q2 2015 GDP (second reading) 

September 9
CA: Bank of Canada (BoC) policy decision awaited 

September 10
NZ: Reserve Bank of New Zealand (RBNZ) policy decision awaited 
UK: Bank of England (BoE) policy decision awaited 

September 11
IN: Markets will closely watch Industrial production data print for July 

September 14
IN: WPI data for August will be closely tracked 
IN: Markets await August CPI data print 

September 15
JN: Bank of Japan (BoJ) policy decision awaited 
AU: RBA policy minutes (September meet) will be closely watched 

September 17
SZ: Swiss National Bank (SNB) policy decision awaited 
US: FOMC policy decision awaited 

September 25
US: Q2 2015 GDP (third reading) will be closely tracked 

September 29
IN: Reserve Bank of India (RBI) policy decision awaited 

September 30
UK: Markets await Q2 2015 GDP (final reading) data 
IN: August fiscal deficit awaited 
US: ADP employment change data for September awaited

@NDTVProfit: RBI names country's largest lender SBI and biggest private lender ICICI Bank as Domestic Systemically Important Banks: Press Trust of India

Government allows Reliance Industries to sell LPG to private marketers
http://t.co/2WzB19o7Ch -- NDTV Profit (@NDTVProfit)

Petrol price cut by Rs 3.05 per litre; diesel hiked by 50 paise | Zee News - http://zeenews.india.com/videos/petrol-price-cut-by-rs-305-per-litre-diesel-hiked-by-50-paise_23521.html

GDP Growth Rate YoY Q2  Actual 7.0% Previous 7.5%

April-July revenue gap at Rs 3.06 lk cr vs Rs 2.66 lk cr YoY | April-July plan spending at Rs 1.57 lk cr vs Rs 1.32 lk cr YoY

April-July Fiscal Deficit At Rs 3.85 Lakh Cr Vs Rs 3.25 Lakh Cr (YoY).

MARKET UPDATES

INDIAN MARKETS:
SENSEX:26283.09(-109.29)
NIFTY:7971.3(-30.65)
BANKNIFTTY(CASH)17146.55(-65.4)
SGXNIFTY:8000(-19.5)

ASIAN MARKETS:
NIKKIE:-18890.48(-245.84)
STRAITS:2921.44(-34.5)
HANGSANG:21670.58(+58.19)
SHANGHAI:3207.07(-25.28)

EUROPEAN MARKETS:
FTSE:6247.94(+55.91)
CAC:4642.39(-32.74)
DAX:10234.08(-647.76)

US FUTURES ON NSE:
DOW FUT:16500(-22.5)
S&P500 FUT:1970.25(-5)

GAINERS:
LUPIN:+4.01%
CIPLA:+3.38%
DRREDDY:+2.92%
BPCL:+2.58%
COAL:+2.46%

LOSERS:
BHEL:-3.47%
POWERGRD:-3.33%
BHARTI:-2.26%
BAJAJAUT:-2.06%
ACC:-2.05%

Levels given in the morning 


Bank Nifty Sep Fut (17273)

Bank Nifty if maintains below 17200 we can see it falling to 16800 
To go up it has to maintain above 17200...17475...17700


WENT  UP  TO 17430 
NOW HEADING DOWN

GDP for Quarter 1 is expected to be at 7.4% v/s 7.5% (Y-O-Y) (Source Bloomberg) Data to be released at 5.30 P.M.

Cut FY16 Sensex tgt to 28000, Risk of 22K- AMBIT 
Cut Nifty tgt to 9642 from 10219- Barclays
Trim Nifty Dec15 target to 8700 - Macquarie

Call of  27/08/2015

@ 14:10

Buy Yes Bank Sep Fut Ltp 688 Sl 670
Trgt 698/712/724
FIRST TRGT HIT

                                                  

Bank Nifty Sep Fut (17273)

Bank Nifty if maintains below 17200 we can see it falling to 16800 
To go up it has to maintain above 17200...17475...17700

NIFTY UPDATE

Nifty has opened on a weak note if trades below 7920 and maintains we can see 7680 levels soon

Godrej agrovet to buy promoters stake in astec lifesciences at 190. http://corporates.bseindia.com/xml-data/corpfiling/AttachLive/C2988586_80AB_4FDC_A88C_9E76A1CBDB4F_134711.pdf

Godrej sep fut can show good move above 372 to 383..403 
Sl 360 
If faces resistance around 372 breaks 360 we can see it falling to 340

Cnx Nifty (8001)

Last week we saw a gap down trades and nifty slipped down to 7667 
It managed to cover up the zone from 7667..8000 with a gap up opening on Friday resulted with a doji and close above 8000 

This week if maintains above 8100 we can see 8200..8400 levels 

If maintains below 8000 
We can again slip down to 7680 levels and lower

Keep positions light

SGX Nifty -35 (7980) from last trade 8015 , 
Nikkei -134 pts , Hangseng +180 pts , NOW @6.54am , 
Dow:16643        -11    -0.07%
Nasdaq:4828   +15    +0.32%
S&P500:1988   +1      +0.06% 
Infy:+1.39%,       Wit:+1.02%
Ttm:+0.94%,      Rdy:+0.08%
Hdb:+1.02%,       Ibn:+0.23% 
SBID:+0.76%,  RIGD:+0.00%
Us/Inr: $66.19,   Eu/Us:1.12
DIX:  95.90,       JPY: 121.29
Gold: $1131, Silver: $14.50
Oil: $44.59,   Brent: $49.33
US10-YR :2.1807%  -0.005

Rajan hints at rate cut; inflation down quicker than expected 

Indicating an imminent rate cut, RBI Governor Raghuram Rajan has said inflation has come down to the comfort zone quicker than expected and he is keeping a watch on data to see how much room is there for further easing of the monetary policy.

"We are on a phase of accommodation. We are still in that phase. We are looking at the data to see what more room we have," Rajan said.

Stating that RBI monetary policy has been accommodative, Rajan said he has cut interest rates thre .


http://bit.ly/1Kma5Bg

Aurobindo Pharma gets USFDA nod for osteoporosis drug - Aurobindo Pharma gets USFDA nod for osteoporosis drug: http://www.thehindubusinessline.com/companies/aurobindo-pharma-gets-usfda-nod-for-osteoporosis-drug/article7593616.ece

Derivative Segment :: Lot Size revision from 28 Aug (only Fresh Contracts) Symbol > Present> Revised > change> ch% Upward Revision
BEL > 125 > 150 > 25 > 20%
DRREDDY > 125 > 150 > 25 > 20%
GRASIM > 125 > 150 > 25 > 20%
OFSS > 125 > 150 > 25 > 20%
BAJAJ-AUTO > 125 > 200 > 75 > 60%
BRITANNIA > 125 > 200 > 75 > 60%
HEROMOTOCO > 125 > 200 > 75 > 60%
TCS > 125 > 200 > 75 > 60%
ULTRACEMCO > 125 > 200 > 75 > 60%
ABIRLANUVO > 125 > 250 > 125 > 100%
COLPAL > 125 > 250 > 125 > 100%
DIVISLAB > 125 > 300 > 175 > 140%
LT > 125 > 300 > 175 > 140%
LUPIN > 125 > 300 > 175 > 140%
ACC > 125 > 375 > 250 > 200%
WOCKPHARMA > 125 > 375 > 250 > 200%
JUBLFOOD > 250 > 300 > 50 > 20%
AJANTPHARM > 250 > 400 > 150 > 60%
APOLLOHOSP > 250 > 400 > 150 > 60%
HDFC > 250 > 400 > 150 > 60%
M&M > 250 > 400 > 150 > 60%
MINDTREE > 250 > 400 > 150 > 60%
SIEMENS > 250 > 400 > 150 > 60%
SRF > 250 > 400 > 150 > 60%
STAR > 250 > 400 > 150 > 60%
BATAINDIA > 250 > 500 > 250 > 100%
BHARATFORG > 250 > 500 > 250 > 100%
GLENMARK > 250 > 500 > 250 > 100%
HDFCBANK > 250 > 500 > 250 > 100%
INFY > 250 > 500 > 250 > 100%
JUSTDIAL > 250 > 500 > 250 > 100%
RELIANCE > 250 > 500 > 250 > 100%
UBL > 250 > 500 > 250 > 100%
AMARAJABAT > 250 > 600 > 350 > 140%
ASIANPAINT > 250 > 600 > 350 > 140%
HCLTECH > 250 > 600 > 350 > 140%
HINDUNILVR > 250 > 600 > 350 > 140%
INDUSINDBK > 250 > 600 > 350 > 140%
JSWSTEEL > 250 > 600 > 350 > 140%
SRTRANSFIN > 250 > 600 > 350 > 140%
SUNPHARMA > 250 > 600 > 350 > 140%
YESBANK > 250 > 700 > 450 > 180%
KSCL > 250 > 750 > 500 > 200%
BPCL > 500 > 600 > 100 > 20%
HINDPETRO > 500 > 600 > 100 > 20%
AUROPHARMA > 500 > 700 > 200 > 40%
CEATLTD > 500 > 700 > 200 > 40%
KOTAKBANK > 500 > 700 > 200 > 40%
CENTURYTEX > 500 > 800 > 300 > 60%
CIPLA > 500 > 800 > 300 > 60%
IBULHSGFIN > 500 > 800 > 300 > 60%
AXISBANK > 500 > 1000 > 500 > 100%
CESC > 500 > 1000 > 500 > 100%
PIDILITIND > 500 > 1000 > 500 > 100%
SKSMICRO > 500 > 1000 > 500 > 100%
TECHM > 500 > 1000 > 500 > 100%
UPL > 500 > 1000 > 500 > 100%
WIPRO > 500 > 1000 > 500 > 100%
BIOCON > 500 > 1100 > 600 > 120%
CASTROLIND > 500 > 1100 > 600 > 120%
DHFL > 500 > 1100 > 600 > 120%
IGL > 500 > 1100 > 600 > 120%
LICHSGFIN > 500 > 1100 > 600 > 120%
TATACHEM > 500 > 1100 > 600 > 120%
TATACOMM > 500 > 1100 > 600 > 120%
OIL > 500 > 1200 > 700 > 140%
RELINFRA > 500 > 1300 > 800 > 160%
RELCAPITAL > 500 > 1500 > 1000 > 200%
TATAMOTORS > 500 > 1500 > 1000 > 200%
SUNTV > 500 > 2000 > 1500 > 300%
ADANIENT > 500 > 6000 > 5500 > 1100%
MOTHERSUMI > 750 > 1500 > 750 > 100%
BHARTIARTL > 1000 > 1200 > 200 > 20%
COALINDIA > 1000 > 1200 > 200 > 20%
IOC > 1000 > 1200 > 200 > 20%
GODREJIND > 1000 > 1300 > 300 > 30%
ZEEL > 1000 > 1300 > 300 > 30%
GAIL > 1000 > 1400 > 400 > 40%
TITAN > 1000 > 1500 > 500 > 50%
ADANIPORTS > 1000 > 1600 > 600 > 60%
ITC > 1000 > 1600 > 600 > 60%
VOLTAS > 1000 > 1600 > 600 > 60%
ARVIND > 1000 > 1700 > 700 > 70%
ICICIBANK > 1000 > 1700 > 700 > 70%
BHEL > 1000 > 2000 > 1000 > 100%
CANBK > 1000 > 2000 > 1000 > 100%
DABUR > 1000 > 2000 > 1000 > 100%
HAVELLS > 1000 > 2000 > 1000 > 100%
HEXAWARE > 1000 > 2000 > 1000 > 100%
M&MFIN > 1000 > 2000 > 1000 > 100%
ONGC > 1000 > 2000 > 1000 > 100%
PFC > 1000 > 2000 > 1000 > 100%
RECLTD > 1000 > 2000 > 1000 > 100%
SBIN > 1000 > 2000 > 1000 > 100%
TATASTEEL > 1000 > 2000 > 1000 > 100%
TVSMOTOR > 1000 > 2000 > 1000 > 100%
AMBUJACEM > 1000 > 2100 > 1100 > 110%
IRB > 1000 > 2100 > 1100 > 110%
TATAMTRDVR > 1000 > 2100 > 1100 > 110%
ENGINERSIN > 1000 > 2200 > 1200 > 120%
MCLEODRUSS > 1000 > 2200 > 1200 > 120%
BANKINDIA > 1000 > 3000 > 2000 > 200%
CAIRN > 1000 > 3000 > 2000 > 200%
ORIENTBANK > 1000 > 3000 > 2000 > 200%
APOLLOTYRE > 2000 > 3000 > 1000 > 50%
CROMPGREAV > 2000 > 3000 > 1000 > 50%
IDEA > 2000 > 3000 > 1000 > 50%
PETRONET > 2000 > 3000 > 1000 > 50%
UNIONBANK > 2000 > 3000 > 1000 > 50%
BANKBARODA > 2000 > 3100 > 1100 > 55%
HINDZINC > 2000 > 3200 > 1200 > 60%
IDFC > 2000 > 3300 > 1300 > 65%

28.08.15

@ 11.17


Sell CANARA BANK ltp 297 SL 302.40 
trgt 292/288


Almost both trgt achvd

Made low of 289

26.08.15

@ 9.50

Buy Asian Paint ltp 851 SL 838 
trgt 878

Made high 877.35 
Almost trgt achvd 
Quit

26/08/15

@ 9:27


Buy lupin ltp 1855 SL  1790
trgt 1880/1928

All trgt hit

Sensex up 161.19 points higher with 24 components in the green

BSE auto sub-index up 1 percent, Oil & gas adds nearly 1 percent, power shares rise 0.5 percent

ONGC and Vedanta add more than 5 percent, Bharti Airtel rises 4 percent, Bajaj Auto up nearly 4 percent - top Sensex gainers

Sensex provisionally closes 139.44 points higher with 19 components in the green

Adani Power falls 4.5 percent, GMR Infra down 4.2 percent, Reliance Infra falls 2.7 percent - top BSE power sub-index losers

ReutersIndia: RBI more likely to cut rates in September, GDP growth steady - Reuters poll | http://t.co/Fjp2rEjrUZ | by @sidviyer http://t.co/j70q9YV82X

CITI: See 50% upside to Aurobindo Pharma. Target 1120
Good News Continues, Supports Re-rating Thesis — gEntecavir is ARBN’s 15th
approval in FY16. If this pace continues, revenues could ramp up meaningfully over the next few years. We remain comfortable with our above-consensus estimates and maintain ARBN as our top pick.

gEntecavir — Another Meaningful Opportunity - We expect gEntecavir (US$285m market) to be a potentially chunky & sustainable product for Aurobindo. It is only the third generic company (after Teva & Par) to get approval for this product and we do not see too many additional competitors in the near future. This should keep price erosion & profitability at attractive levels. Assuming c25-30% price erosion and 15-20% MS, this could be another cUS$30-40m product (and a highly profitable one) for the company.

Other Interesting Approvals — The following other recent approvals hold good
potential in our view (mkt size, no. of players): gSuprax (US$80m, one), gZithromax (US$135m, two), gDilantin (US$125m, three). gComtan (US$59m, four).

Positive for Pipavav Defence : Russia selects Anil's company to make choppers - Russia selects Anil's company to make choppers
http://timesofindia.indiatimes.com/business/india-business/Russia-selects-Anils-company-to-make-choppers/articleshow/48703637.cms via @timesofindia

We can see good move in: 

ADANIPORT 
M&M FINANCE
TITAN
ACC
IBREAL
RELINFRA
BATA
CROMPTON
HDFC
JUST DAIL
TATACOMM
TATAMOTOR
HEXAWARE

Cnx Nifty (7948)

We can see a gap up opening today on note of sgx trading up 155 +Book some profits on opening .

If we see nifty showing a good move after opening and if the gap maintains till closing it will be a small good sign .

TREND IS STILL DOWN 
ANY CLOSE AND MAINTAIN ABV 8530 WILL ONLY REVERSE THE TREND

MULTIPLE RESISTANCE 8160...8450


Intraday trades can be good opportunities 

Intraday support 7920..7940 zone 

Resistance 8050..60 zone
8160
8220..30 zone

Sgx 111+ @ 8106.50

Broker's Corner

Sharekhan Fundamental Stock Idea – Britannia Industries Ltd
Target Price - Rs 3650 CMP – Rs2865

CITI ON MARUTI : Downgrades to Neutral from Buy; cuts target to ₹4,465 from ₹4,832

BofA ML ON ITC : Upgrades to Buy from Neutral, target of ₹393 from ₹360

CS ON BHARTI AIRTEL : Maintains Underperform, target of ₹285

CLSA ON AUTOS : Maruti, Tata, M&M remain top picks in Auto space

CLSA ON AUTOS : Auto OEM industry gross margin at a decade high

CLSA ON HAVELLS : Maintains Buy, target of ₹340

Goldman Sachs On Cements: Grasim Should Benefit From Capacity Additions Across All Verticals

Barclays On Tata Motors: Main Overweight Rating With Target Price Of Rs 560/Sh

Macquarie On Coal India: Maintain Outperform Rating With A Reduced Target Of Rs 429/Sh

Sgx +80@8075

Societe Generale raises Tata Motors price target to Rs616 (83% Upside!!!)

Update We are increasing our FY17e/18e EPS forecasts by 6%/17% and target price for Tata Motors by 7% to reflect the better than the expected success of the Jaguar XE. However we are reducing our EPS forecast for FY16e by 7% to reflect the negative impact
of the Tianjin blast among other short term negative factors.

SG view We recommend investors buy Tata Motors shares for the following reasons:
1) Jaguar volumes to triple: We expect Jaguar shipments to all but triple over the next two years. After the launch of the Jaguar XE, Jaguar increased its market share in UK/Europe premium vehicles market from 0.86% in July 2014 to 1.49% in July 2015
despite the negative headwinds of the phase-out of the current Jaguar XF and XJ models. As the Jaguar XE is rolled out beyond the UK and Europe, we expect to see a significant increase in Jaguar sales volumes. 
2) Land Rover performance better than it appears:
Land Rover shipments were +1.4% and -6.5% yoy in June 2015 and July 2015, respectively. However, this ‘anaemic’ performance was a result of several one-off issues, including problems with the Evoque for the China JV, the limited geographic distribution of
the Discovery Sport with the Ingenium engine, and issues with the supply of Range Rover and Range Rover Sport seats. But despite all this, Land Rover managed to increase its market share in UK/Europe from 3.94% in June 2014 to 4.65% in June 2015 (we are
ignoring the decline in July as it was caused by the seat supply issue mentioned above). We think that as Land Rover launches the Evoque facelift (September 2015) and Discovery Sport with Ingenium engine worldwide (over the next 6 months), the market share gains seen in Europe will be replicated worldwide. 
3) Macro concerns overhyped: We explain in this report why we think macroeconomic and margin pressure concerns are overhyped for Tata Motors.

How we value the stock We are increasing our NPV-based TP to INR616 (was INR575) to reflect higher earnings forecasts. We use a nominal WACC of 12.0% and model cash flows until 2025e with 6% terminal growth. Downside risks to TP: Weaker than expected
success of new model launches, worse than expected global (especially Chinese) economic slowdown.

Fwd : Singapore's GIC likely to buy 50% stake in DLF's Capital Greens project; Deal valued at Rs 2,000 cr.

MARKET UPDATES

INDIAN MARKETS
SENSEX:26231.19(+516.53)
NIFTY:7948.95(+157.1)
BANKNIFTY:17214.4(+296.75)
SGXNIFTY:7949(+163.5)

EUROPEAN MARKETS:
FTSE:6121.03(+141.83)
CAC:4636.53(+136.44)
DAX:10306.58(+309.15)

ASIAN MARKETS:
NIKKIE:18574.44(+197.61)
STRAITS:2945.43(+72.43)
HANGSANG:21838.54(+758.15)
SHANGHAI:3085.42(+158.13)

US FUTURES ON NSE
DOW FUTURE:16447.5(+520)
S&P500 FUTUTRE:1959(+61)

GAINERS:
HDFC:+8.66%
CAIRN:+7.48%
VED:+7.01%
NMDC:+6.5%
AMBUJA:+6.5%
BOB:+6.09%
TATASTL:+5.36%
BPCL:+4.85%
LUPIN:+4.4%
KOTAK:+4.06%

LOSERS:
BHEL:-3.27%
BAJAJAUTO:-2.36%
TCS:-0.38%
WIPRO:-0.26%
HEROMOT:-0.24%
NTPC:-0.17%
MARUTI:-0.17%
ULTRATECH:-0.14%

 Sensex spurts 558 points amid firm global cues, Sensex rises more than 2 percent to biggest gain in two weeks, as upbeat global equity markets sparked a wave of bargain-hunting ahead of the expiry of derivative contracts at the end of the session.

 Smallcap index up third straight day

 Dolphin Offshore zooms on pact with Paxocean Engg for new vessels

 Gold extends weakness, dips below Rs 27,000 on global cues

 First consignment of 90 tonnes of Egyptian onion hits Indian mandis

 Textile shares surge; Himatsingka Seide up 10%

 Markets gain momentum; Sensex zooms 500 points

 India to push corporate bond sales online in market overhaul: Sources

 Aurobindo Pharma gains on USFDA approval for Entecavir tablets

 HDFC surges over 5% on value buying

 Radico Khaitan gains on Morgan Stanley stake buy

 Bharti Airtel gains as buyout to boost 4G presence

 8K Miles, La Opala, Jubilant Industries, Gayatri Projects, Orissa Sponge hit 52-week highs

 Hathway Cable surges on removal of RBI ban

 Godrej Consumer gets investor nod to raise Rs 300 cr via NCDs

 Air India to reduce number of official unions by over half

 Samsung India has been gaining market share every single month: Asim Warsi

 Budget hotel aggregator ZO Rooms looks to raise $100 million

Premji Invest leads $82 mn Series-F funding in ServiceMax

 China's smartphone growth will grind to a halt this year; India to be in focus: IDC

 Aurobindo gets USFDA nod for hepatitis B drug

 Vedanta to shut Lanjigarh plant on high production cost

 YouTube Gaming launches as e-sports arena

RBI sets #rupee reference rate at Rs 66.0605 against dollar.

Bosch inaugurates its new plant in Karnatka, predicts a strong growth in near future http://t.co/wwx4w5UX3J -- CNBC-TV18 News (@CNBCTV18News)

EUROPEAN MARKETS UPDATE: FTSE+134, CAC+105, DAX+265

DURING THE MARKET

👉 Cairn India rises 6.6 percent; builds on gains of previous two sessions

👉 NSEI block deal: M&M 50,100 shares at 1219.00 INR

👉 Bank of Baroda and Kotak Mahindra Bank up more than 2 percent, ICICI Bank and SBI rise nearly 2 percent - top BSE bankex gainers

👉 Vedanta up more than 6 percent, HDFC adds 5.4 percent, Lupin rises 3.2 percent - top Sensex gainers
India's bankruptcy draft law to be ready by mid-October - Mint

👉 China's yuan edges up against the dollar by midday as a recovery in the country's stock indexes boosts sentiment on the currency in spite of a weaker midpoint

👉 The exodus of China's 'sea turtles' are being blamed for its stock market chaos. Read more here.
Sensex rises around 300 points. Markets may remain choppy today as traders rollover their positions on the day of August derivatives expiry.

👉 Hathaway Cable & Datacom shares surge nearly 11 percent

👉 L&T Infotech to file draft IPO papers by early Sept, reports Mint

👉 BHEL falls almost 4 percent, Tata Motors down 1.8 percent, Bajaj Auto slips 1.5 percent - top Sensex losers

👉 Citi downgrades Maruti Suzuki to "neutral" from "buy", sees downside risks to earnings driven by heady valuations, moderate domestic demand and dissipating FX tailwinds. Maruti shares flat in trade.

👉 Activity in China's manufacturing sector likely shrank at its fastest pace in three years in August, a Reuters poll suggested. China's PMI data is due on September 1.

👉 Unitech, Ashok Leyland, Suzlon Energy and Jaiprakash Associates are among the top traded shares on Sensex

👉 New York Fed President William Dudley has said a rate hike by the Fed in September seems less appropriate given the threat posed to the U.S. economy by recent market turmoil.

👉 National Buildings Construction Corp up more than 4 percent to 978 rupees. The stock touched its 52-week high of 1,214.50 rupees on Aug. 6, 2015.

Today's Economical Data to watch: 

11:30am EUR German Import Prices m/m
1:30pm EUR M3 Money Supply y/y
1:30pm EUR Private Loans y/y
6:00pm USD Prelim GDP q/q
6:00pm USD Unemployment Claims
6:00pm USD Prelim GDP Price Index q/q
7:30pm USD Pending Home Sales m/m
8:00pm USD Natural Gas Storage

Cnx Nifty (7791)

We can see nifty travelling to 7680..7660 levels today 

The selling pattern says 7600 ....7640 a good support zone if a positive pattern has to form it can bounce from 7600..7640 zone 

Again like mentioned earlier above 7930..7940 resistance  zone we can see pull back to 8060...8260

IPO UPDATES:

👉 Powermech Projects Limited will be listed on BSE & NSE on August 26, 2015 (Wednesday)

👉 Navkar Corporation limited 
Subscription figure as on 25th Aug @ 5 pm
QIB - 0.22x
HNI - 0.03x
RET - 0.63x

Total - 0.39x

No of Apps - 86927

1) Navkar Corporation Ltd
CLOSES ON TOMORROW
Price Band Rs..147 to 155
Minimum shares: 95
Minimum Amount : 14725
Cheque In Favour of “Navkar Public Issue – Escrow –R”

2) Pennar Engineered Building Systems Ltd
25-08-15 to 27-08-15
Price Band : Rs.170 to 178
Minimum shares : 80
Minimum Amount : 14240
Cheque In Favour Of “Pennar Engineered Building Systems Ltd Public Issue – Escrow–R”

3) Shree Pushkar Chemicals & Fertilisers Ltd
25-08-15 to 27-08-15
Price Band : Rs.61 to 65
Minimum shares : 200
Minimum Amount : 13000
Cheque In Favour Of “ Escrow Account – SPCFL-IPO-R”

4) Prabhat Dairy Ltd
28-08-15 to 01-09-15
Price Band : 54 to 58
Minimum Shares : 102
Minimum Amount : 14484
Cheque In Favour Of “ Escrow Account –Prabhat Dairy IPO – R”

5) Sadbhav Infrastructure Project Ltd
31-08-15 to 02-08-15
Price Band : 100 to 103
Minimum Shares : 145
Minimum Amount : 14935/-
Cheque In Favour Of “ SIPL public Issue- R”

@  LIC India - Active Buyer In Reliance Infra

  @ Jardine (FII) - Active Buyer In PTC & IRB Infra

  @ CITI Group - Active Seller In Ambuja Cement

  @ UBS - Active Seller In Bharat Forge Ltd

Call of 26/08/15

@ 9:27


Buy lupin ltp 1855 SL  1790
trgt 1880/1928


First trgt hit

Call of  26/08/15

@ 10:11


Buy Nifty @ 7830..40 zone SL 7780 
trgt 7924


Trgt hit

Call of 26/08/15


@ 10:16


Buy bajaj auto ltp 2231 SL 2180 
trgt 2258/2308

First trgt hit

Call of 26/08/15


@  9:55


Sell Sail ltp 49 SL 52 
trgt 48.50 /46

Frst trgt achvd 
Trail sl to 49.80

26.08.15

@ 10.58

Buy Tatamotors Sep fut ltp 328 SL 316 
Trgt 336/334
All  trgt hit 

China Shanghai is trading above 3000 and once it closes above 3200 , the evil will be over

TOI Govt to decide today on special session for GST bill - Govt to decide today on special session for GST bill
http://timesofindia.indiatimes.com/india/Govt-to-decide-today-on-special-session-for-GST-bill/articleshow/48675612.cms via @timesofindia

Just In: Lupin Gets US FDA Nod For Anti- Inflammatory Drug Diclofenac Sodium

 Cnx Nifty (7880)

Nifty yesterday made a doji which says bears are not able to sustain 

If nifty maintains above 7930..40 zone we can see pull back upto 8060 sl 7870

If maintains below 7890 ..70 zone we can see 7670






Bank nifty (17203)

Bank nifty is showing positive signals if trades above 17280..17300 zone it can show 17480..500 zone 

If maintains below 16970..16960 zone we can see 16650..16640 zone

Nifty has given a good close with a doji 
Tomorrow above 7930 we can see good move 
If maintains below 7920..7900 range  we can again 7800 zone..

China’s yuan weakens as stock market extends decline.

CNX Nifty has made a small bullish engulfing pattern 
We can see some pull back if it maintains above 7880..7940 zone

Yes Bank, Coal India, Cairn India and BPCL shares rise more than 3 percent - top Nifty gainers

 Cnx Nifty( 7895 now trading) has opened near resistance if maintains 

ABOVE 7876 we can see it riding to 7940..

If maintains

 BELOW 7876 

it can fall again to 7780 levels



Bank Nifty 

Has resistance around 17230

Stays above 16960 we can see 17230

Stays below 16960 we can see 16684

Bank Nifty Aug fut (16760)

As we can see good opening on global cues have to watch the opening gains are maintained or not 

OPENING IF GAP UP ABV 17500 AND MAINTAINS THAN WE CAN SEE 17630 
AND FURTHER 

Technically below 16680 we can see 16200 and further

Cnx nifty (7809)

We can see a gap up opening as global markets are showing covering shorts 
Sgx is showing +200 though opened around -90

NIFTY AND BANK NIFTY IF OPENS GAP ABOVE 8060 AND MAINTAINS  THAN ONLY ONE CAN TAKE POSITION 



Technical patterns are showing selling targets below 7760 we can see 7600

+ 180 sgx

Sgx +153

Moody says out look positive for india

 SGX Nifty Erases Losses; Surges In Trade SGX NIFTY Price:7933 Change: +137 Percent Change: +1.76%

Barc now forecasts US Fed to hike in March 2016 (prev September 2015)
Dax future 
260+++

SGX Nifty -147 pts.........................more recovery to follow.

Us,market open :: Dow 1000 and Nas 370 point down

Europe market : Dax 800 Ftse 425 and cac 370 point down

Sgx nifty : 300 point down

Dubai dollar :67.06. .45 paisa up

Sgx 8565  -231

Sgx 7740.50  55.50  down ⬇

21/08/15

@9.00

Sell century textiles below 679 SL 694 
trgt 664/656     

ON  FRIDAY OPEN AT 668 AND  MADE A HIGH OF  674            

Market the way they are bleeding   

IF BREAKS 7940

WE MIGHT SEE

 CNX NIFTY 7840 ...7740  TODAY 


BE CARE FULL

LOW MADE 7769.40

EUROPEAN MARKETS: #CAC40 down 3.5%, #DAX down 3.6%, FTSE 100 down 2.85%, Euro Stoxx down 3.5%

SMALL  SIGN OF HOPE 

CNX LOW IS 7940 

IF TAKES SUPPORT 

WE CAN SEE PULL BACK

Call of 24/08/15


 @ 9:40

Buy lupin ltp 1844 SL 1820
trgt 1864/1880                                                                                 
FIRST TRGT HIT

BIG GAP DOWN MARKET

In line with huge fall of 539 points seen in dow on friday and after that..today dow futures are down by around 375 which shows some big problem in american markets

Whole world shivering in tune with america as most of asian markets are down by more than 3%
Now for today

8000 NIFTY FUTURES....WILL ACT AS LAST HOPE SUPPORT OF BULLS......ON BOUNCE 8070 NF FIRST HURDLE OF BULLS

ONLY BREAKING THIS RANGE WILL SET FURTHER MOVES FROM BULLS OR BEARS......WATCH

Remember today india vix has gone up by around 35% which means extreme volatility in market....so trade less as all around levels can come in market due to volatility ..
remember money saved will help you in future trades when markets are stable

Bank nifty if maintains below 17840 we can see 17200
Above 18440 we can see any uptrend resuming

CNX Nifty (8299)

As informed earlier below 8300 We can see 300 points down. Today we will see those levels 

ONLY SUPPORT 7920...8000

Below 7900 ..we can see 7600 

Above 8400 only can take nifty upwards

Global Market Sell-off: Shanghai 3249.63 -7.36%: Hang Seng 21546.93 -3.85%

GLOBAL MELTDOWN : Taiwan's Taiex Index falls 7.2%;  biggest drop since 1990

China's cabinet approves and publishes new rules for domestic pension funds to allow them invest up to 30% of all assets in stocks
The size of China's domestic pension funds is about 3.5 trillion RMB in total; up to 30% for stocks -> 1+ trillion RMB to boost stock market. (fwd)
China plans more steps to boost bank lending 


http://www.marketwatch.com/story/china-plans-more-steps-to-boost-bank-lending-2015-08-23

RBI likely to go for 25 bps cut in September, says HSBC :-

The Reserve Bank (RBI) is likely to go for a 25 basis points rate cut in September as price pressures have fallen "notably and far more than expected", says an HSBC report. According to the global financial services firm, food prices have been falling across all major sub-groups, across the CPI and WPI measures, both on annual and sequential basis. Moreover, while rains remain 10 percent below normal, their impact so far remains "non-disruptive" and fuel inflation has predictably eased off. 

"All of these suggest that space for a 25 bps rate cut in the upcoming 29th September policy meeting has opened," HSBC Chief Economist India Pranjul Bhandari said in a research note. As per official figures, retail inflation (CPI) slipped to a record low of 3.78 percent in July while the wholesale price index-based (WPI) inflation touched a historic low of (-)4.05 percent. HSBC, however, noted that there are two risks to its forecast of 25 bps next month. 

First, the rupee, which has already depreciated 2.3 percent against dollar following developments in China, could come under further pressure from a possible Fed lift-off in September. Secondly, a large payback in August inflation reading following the July moderation could keep the RBI from cutting rates in September, it said. "If the period around the September FOMC meeting remains volatile, the RBI's rate cut could be pushed to fourth quarter," HSBC said and on rupee depreciation it added that "a sharper pace of depreciation, however, could put the 25 bps rate cut in jeopardy." RBI Governor Raghuram Rajan, in his third bi-monthly policy of the fiscal, left benchmark lending (repo) rate unchanged at 7.25 percent as also the cash reserve ratio (CRR) at 4 percent. 

The Reserve Bank of India has already reduced the policy rate by a total of 75 basis points or 0.75 percent since January.fwd

India May Waive Retrospective MAT Tax on Foreign Investors: Media
 http://newshunt.com/share/43345917
Source:The New Indian Express

Moneycontrol News : 5,800 JLR cars at China port hit by blasts: Tata Motors - Moneycontrol News : 5,800 JLR cars at China port hit by blasts: Tata Motors

Full News: http://t.in.com/7Ueu

MAT issue update:

Shah Panel gave recommendation to Govt official to give relief to FIIs on MAT. Impact could be positive if Govt favours Shah Panel recommendation.

 Source :ET Now

21/08/15

@9.00

Sell Bajaj Auto below 2478 SL 2530 
trgt 2446 /2400                                                                                                                     
ALL TRGT HIT

18/08/2015

     
 @ 8:56       



Sell ONGC around 266..68 SL 274 
trgt 264/61/52    
                                                                                                    

All trgt hit

Bank Nifty Aug fut(18309)

Bank Nifty did not hold yesterday support of 18600 we saw it falling to 18240 levels
Below 18240 we can see today 18190..18080

It can travel upto 17800 

If maintains above 18400 we can see some pull back upto 18550..18600

# 5 Asian mkts Hongkong, Singapore, Korea, Taiwan n Korea Hits 52 weeks low today.
# SGX Nifty -108 pts (8280) from last trade 8388.

Cnx Nifty (8380)


If Nifty breaks this time 8300..8350 zone we can see steep fall to 8200...8000..7900

Pull back of yesterday's fall can only resume if maintains above 8400 

KEEP POSITIONS LIGHT AND BE  STOCKS SPECIFIC 


Support 8330..8350

Resistance 8390..8420..8460

Bank Nifty Aug fut (18730)

Positional trend is up 
Same as yesterday stuck in a range

Support zone 

18570...18600

Resistance levels 
18870..18940