BEST STOCK TIPS FOR TODAY:4th DECEMBER(TUESDAY)

dr LAL PATH LABBEST STOCK TIPS FOR TODAY:4th DECEMBER(TUESDAY)

BUY LAL PATH LAB ABOVE 916 TARGET 950-1010 WITH SL 875 TOTAL 1000 SHARES

For More Info, Call us @8767988208 or Subscribe us at www.marketmagnify.com

 

 

MONTHLY REPORT ON ESCORTS: 1st DECEMBER(SATURDAY)

FUNDAMENTAL ANALYSYS

Escorts standalone net profit rises 32.47% in the September 2018 quarter

Net profit of Escorts rose 32.47% to Rs 102.74 crore in the quarter ended September 2018 as against Rs 77.56 crore during the previous quarter ended September 2017. Sales rose 15.41% to Rs 1398.36 crore in the quarter ended September 2018 as against Rs 1211.69 crore during the previous quarter ended September 2017.

Escorts tractor sales jump 29% in October

Escorts Agri Machinery Segment sold 13,140* tractors in October 2018, registering a growth of 28.8% against 10,205 tractors sold in October 2017.

Total sales in October 2018 included domestic sales of 12,867 tractors and export of 273 tractors, higher by 28.7% and 33.8% respectively over October 2017.

In October 2018, sales to Nepal and Bhutan has been included in export which was earlier reported in domestic

ON 20TH NOV, Escorts announced that CRISIL has assigned the rating CRISIL A1+ in respect of Commercial Paper Programme of Rs 100 crore of the Company.

LAST 4 QUARTER PERFOMANCE BY COMPANY

 

ALL FIG IN CR. DEC 17 MAR 18 JUNE 18 SEPT 18
SALES 1205.03 1436.10 1511.29 1398.36
OTHER INCOME 8.20 22.56 16.98 22.12
OPERATING PROFIT 145.03 173.75 185.54 157.49
TAXATION 37.49 58.65 59.52 51.62
NET PROFIT/LOSS 91.98 112.54 120.70 102.74

 

 

 

Fundamentals
Market cap 8635 cr
Face value Rs. 10.00
Book value Rs. 181
52 Week H/L Rs. 1017.70/ 541
Dividend Payout 20%
Listed at NSE/BSE
P/E Ratio 24.88
Industry P/E Ratio 21.90
Website www.escortsgroup.com

TECHNICAL ANALYSYS

Stock has enjoyed its bull run from mid of June 2016 where it has started its bull run from the level of 175 and made its all time high of 1017.70 on 2nd MAY 2018 and after that it has been in correction face and till OCT 2018 it has corrected up to 61.80% of Fibonacci retracement level.

 After taking support of Fibonacci retracement level, stock has formed double bottom price pattern on daily chart and breakout of the pattern is above the level of 650 which stock has given on 1st Nov 2018 and after that stock has been trading in a consolidation move and trade in a narrow range for almost all of NOV 2018 but on last day of the month stock has given breakout of the consolidation range and also closed above the range breakout level.

 On weekly chart,

  • RSI is currently at 45.70 levels.
  • MACD is converging to give bullish crossover on weekly chart
  • +DI is above the ADX line and –DI is below the ADX line showing buying movement will likely to continue in coming trading session.
  • Momentum oscillator is also in the favor of bulls

From the above evidence, we conclude that stock may move up above the level of 710 and it may test 760-820 levels in the month of December with a stop loss below 640 levels

 Monthly Support and Resistance level

Resistance 1- 710              Support 1- 650

Resistance 2- 770               Support 2- 585

Resistance 3- 850                Support 3-540

 

For More Info, Call us @8767988208 or Subscribe us at www.marketmagnify.com

 

 

FUTURE TRADING TIPS FOR TOMORROW: 21st NOVEMBER (WEDNESDAY)

dlf future call After crossing the day high of Rs.175.35 at falling as low as Rs.169.90 through the day, one stock of DLF Ltd. was observed to be priced at Rs.174.
With the volume weighted average price being Rs.173.36 , the total traded volume was observed to be 2,785,662 stocks.
The bid price was Rs.171 for 2637 stocks

FUTURE TRADING TIPS FOR TOMORROW : 21st NOVEMBER (WEDNESDAY)

BUY DLF FUTURE 176 TARGET 178-180 WITH SL 173.80

TO KNOW MORE ABOUT THE TIPS, CALL US @8767988208 
FOR MORE INFO VISIT WWW.MARKETMAGNIFY.COM

free-trial market magnify

 

BEST STOCK FUTURE TIPS FOR TOMORROW : 2nd NOVEMBER (FRIDAY)

As we suggested in our last commentary Nifty future can test 10400-10450 only if it sustains above 10300 level and now Nifty future may test 10600-10700 levels in next few trading days with a support of 10300 levels. But we may see low volatility in the market due to diwali vacation next week. Few sectors like paper,reality and banking are performing well and we may see further bullish movement in the sector. We suggest you to adopt buying on dips strategy and remain bullish in the market

BEST STOCK FUTURE TIPS FOR TOMORROW : 2nd NOVEMBER (FRIDAY)

BUY ICICI PRUDENTIAL FUTURE ABOVE 348 TARGET 352-357 WITH SL 343

FOR MORE PROFITABLE CALL US @7879881122 OR JOIN US AT WWW.MARKETMAGNIFY.COM

free trial

BUY TODAY SELL TOMORROW TIPS : 31st OCTOBER (WEDNESDAY)

JUBL FOOD BUY TODAY SELL TOMORROW TIPS : 31st OCTOBER (WEDNESDAY)

BUY JUBL FOOD FUT AT CMP 1070 TARGET 1080-1090 WITH SL 1058
BUY STRTECH AT CMP 381 TARGET 387-395 WITH SL 375

TO KNOW MORE ABOUT THE TIPS, CALL US @7879881122 
FOR MORE INFO VISIT WWW.MARKETMAGNIFY.COM

free trial

 

STOCK FUTURE TIPS FOR TODAY :30th OCTOBER (TUESDAY)

STOCK FUTURE TIPS FOR TODAY :30th OCTOBER (TUESDAY)

Buy maruti future above 6875 target 6935-7000 with sl 6820 total 5 lots

 

FOR MORE FREE TIPS, CALL US @7879881122 OR
JOIN US AT WWW.MARKETMAGNIFY.COM

 

free trial

BUY TODAY SELL TOMORROW TIPS : 25th OCTOBER (THURSDAY)

BUY TODAY SELL TOMORROW TIPS : 25th OCTOBER (THURSDAY)

BTST CALL: BUY NAUKRI ABOVE 1600 TARGET 1630-1650 WITH SL 1568

GET MORE PROFITABLE BTST & STBT  TIPS WITH US
TO JOIN, CALL US @7879881122
OR VISIT MARKETMAGNIFY.COM    

free tips

 

 

 

MARKET OVERVIEW : 24th OCTOBER (WEDNESDAY)

STAY BULLISH

Tomorrow might the important day that most of investors are waiting for. After falling below its crucial support level of 10100 bulls have taken charge in Index and pull Nifty future back towards 10180 levels in the last hour today which shown sign of positivity for bulls as bears couldn’t hold Nifty future at lower levels and finally lost its momentum to bulls.

  • On daily chart Nifty future has formed spinning top candlestick pattern after open gap down today which is trend reversal in nature
  • RSI has shown bullish divergence on charts which is positive signal for index
  • Nifty future is in the formation of double bottom price pattern which is another positive for index

In last 3 trading session we had seen that Bank Nifty future has not fall as much as Nifty future and whenever market shown recovery then Bank Nifty future has recovered fast as compare to Nifty future.

Bears are losing their hand and this is an opportunity for investors and traders. Risk reward ratio is in our favor at current scenario. This is the time to accumulate quality stocks.

24500 and 10100 is very crucial support level for both Bank Nifty future and Nifty future on closing basis and if Nifty future manages to sustain beyond 10290 levels then we might see Nifty future trading 10600 and Bank Nifty future at 26000 level soon.

 

      INDEX SNAPSHOT

INDEX OPEN HIGH LOW CLOSE
NIFTY FUTURE 10160.00 10216.20 10092.55 10231.95
BANK NIFTY FUTURE 24799.80 25069.90 24770.00 25031.25

MARKET OVERVIEW : 24th OCTOBER (WEDNESDAY)

BUY SBI LIFE ABOVE 585 TARGET 593-600 WITH SL 577

FOR MORE PROFITABLE CALL GIVE MISSED CALL ON  , CALL US @7879881122
OR JOIN US AT WWW.MARKETMAGNIFY.COM

free trial

 

 

 

 

BEST STOCK TRADING TIPS TOMORROW : 11th SEPTEMBER(TUESDAY)

JUST DIALThe market continued to be under pressure on Monday with Sensex falling more than 400 points on escalated trade war tensions, weakening rupee and weak global cues.The selling pressure is broad-based as the Nifty Bank, Auto, FMCG, Metal and Pharma indices all are falling over a percent whereas the only gainer among sectoral indices is IT that gained third of a percent on rupee fall. The broader markets also participated in the correction, with the Nifty Midcap index falling over a percent. Experts say the weakness along with consolidation will continue for few sessions given the macro factors.

BEST STOCK TRADING TIPS TOMORROW : 11th SEPTEMBER(TUESDAY)

BUY AIAENG ABOVE 1780 TARGET 1800-1830 WITH SL 1760
SELL JUST DIAL FUTURE BELOW 517 TARGET 512-507 WITH SL 523

FOR MORE FREE TIPS, CALL US @7879881122 
OR VISIT WWW.MARKETMAGNIFY.COM

free trial btst

BEST NIFTY FUTURE TRADING TIPS FOR THURESDAY: 16th AUGUST

NIFTY FUTURE TRADING TIPSToday we had witness negative movement in Indian market mainly due to global market on trade war issues along with further weakness in Turkish lira and depreciating Indian rupee. IT and Pharma are the only sectors to trade in green today, with total advances of 573 shares 1179shares decline today and 326shares remain unchanged.Tuesday market is expected to trade in sideways movement with major support of Nifty future is around the level of 10340-10355 followed by 10200 and for Bank Nifty future is around 27800 followed by 27600.Do not worry for the opportunities as day traders will get opportunities in stock specific movement and swing traders just need to hold in this market and wait for the right time to entre. » Read more

BEST STOCK TIPS FOR TOMORROW :10th AUGUST(FRIDAY)

BEST STOCK TIPSMarket once again open trade and close at record high, market is now trading near to the target zone which we had suggested earlier (11510-11530). Now market is slowly entering the red alert area as also P-E ratio of Nifty is around all time high which also suggest that market is overweight, from current point we suggest you to book profit at regular intervals and keep your holding (swing traders) at minimum level.Overall trend of market is still bullish and correction is part of trend and we are suggesting that we might see correction in the market not trend reversal, which are altogether different. » Read more

1 2 3 47