Month: August 2017

FreeStockAnalysis Vedanta Limited,Axis Bank Limited,Godrej Industries Limited,HCL Technologies Limited

Posted on by Hiren Kamani

Intraday Trading Strategy – 1


Vedanta Limited

Buy Vedanta Limited at / above 306.25 Target 310.48 – 314.9 – 319.35 – 323.83

Stop loss — 301.89

Sell Vedanta Limited at / below 301.89 Target 297.71 – 293.41 – 289.14 – 284.9

Stop loss — 306.25

 

Intraday Trading Strategy – 2


Axis Bank Limited

Buy Axis Bank Limited at / above 506.25 Target 511.63 – 517.3 – 523 – 528.73

Stop loss — 500.64

Sell Axis Bank Limited at / below 500.64 Target 495.31 – 489.76 – 484.24 – 478.75

Stop loss — 506.25

 

Intraday Trading Strategy – 3


Godrej Industries Limited

Buy Godrej Industries Limited at / above 625 Target 630.94 – 637.24 – 643.56 – 649.92

Stop loss — 618.76

Sell Godrej Industries Limited at / below 618.76 Target 612.86 – 606.69 – 600.55 – 594.43

Stop loss — 625

 

Intraday Trading Strategy – 4


HCL Technologies Limited

Buy HCL Technologies Limited at / above 855.56 Target 862.45 – 869.81 – 877.2 – 884.61

Stop loss — 848.26

Sell HCL Technologies Limited at / below 848.26 Target 841.42 – 834.18 – 826.97 – 819.8

Stop loss — 855.56

 

All prices relate to the NSE Spot/Cash Market

FreeStockAnalysis Vedanta Limited,Axis Bank Limited,Godrej Industries Limited,HCL Technologies Limited based on the previous trading day’s price activity.

Intraday call is valid for the next trading session only unless otherwise mentioned.

Stop-loss levels are given so that there is a level below/above, which the market will tell us that the call has gone wrong. Stop-loss is an essential risk control mechanism; it should always be there.

Book, at least, part profits when the prices reach their targets; if you continue to hold on to positions then use trailing stops to lock in your profits.

 

HBL POWER – Investment Idea

Posted on by Hiren Kamani

Recommend to Buy HBL POWER  Near 48.5 Target 55+ Long Term Investment Idea.

HBL power will benefit from GOVT vision for electric cars.

(FROM 2015/2016 annual report) Electric mobility: HBL power has developed energy efficient Brush Less DC Motors used in electric rickshaw (three-wheelers) which is ready for field trial. Our batteries are already under trial in electric three-wheelers.

HBL power plan to launch these products in the market during the current financial year. HBL has developed a 1.2KW Brush-Less DC motor and battery, for use in electric rickshaw (3- Wheelers). There are no established Indian manufacturers. The motor and battery are approved by ICAT. The market potential for these products is significant. This design can also be extended for heavier vehicles

The National Electric Mobility Mission Plan 2020 envisages large scale deployment of electric 2-wheelers, 3-wheelers, cars and buses. Under the scheme, about 6 -7 million vehicles (full range) are expected to be rolled out by the year 2020. HBL is planning to invest R&D efforts in development of drive train solutions for this promising electric mobility

(Source : HBL Power 2015/2016 annual report)

FreeStockAnalysis NTPC Limited,Jet Airways India Limited,Reliance Infrastructure Limited,Aurobindo Pharma Limited

Posted on by Hiren Kamani

Intraday Trading Strategy – 1

NTPC Limited

Buy NTPC Limited at / above 169 Target 172.17 – 175.47 – 178.8 – 182.15

Stop loss — 165.76

Sell NTPC Limited at / below 165.76 Target 162.64 – 159.47 – 156.32 – 153.21

Stop loss — 169

 

Intraday Trading Strategy – 2

Jet Airways India Limited

Buy Jet Airways India Limited at / above 546.39 Target 551.97 – 557.86 – 563.78 – 569.73

Stop loss — 540.56

Sell Jet Airways India Limited at / below 540.56 Target 535.03 – 529.26 – 523.52 – 517.82

Stop loss — 546.39

 

Intraday Trading Strategy – 3

Reliance Infrastructure Limited

Buy Reliance Infrastructure Limited at / above 500.64 Target 505.99 – 511.63 – 517.3 – 523

Stop loss — 495.06

Sell Reliance Infrastructure Limited at / below 495.06 Target 489.76 – 484.24 – 478.75 – 473.29

Stop loss — 500.64

 

Intraday Trading Strategy – 4

Aurobindo Pharma Limited

Buy Aurobindo Pharma Limited at / above 735.76 Target 742.19 – 749.01 – 755.87 – 762.75

Stop loss — 729

Sell Aurobindo Pharma Limited at / below 729 Target 722.62 – 715.92 – 709.24 – 702.6

Stop loss — 735.76

 

All prices relate to the NSE Spot/Cash Market

FreeStockAnalysis NTPC Limited,Jet Airways India Limited,Reliance Infrastructure Limited,Aurobindo Pharma Limited based on the previous trading day’s price activity.

Intraday call is valid for the next trading session only unless otherwise mentioned.

Stop-loss levels are given so that there is a level below/above, which the market will tell us that the call has gone wrong. Stop-loss is an essential risk control mechanism; it should always be there.

Book, at least, part profits when the prices reach their targets; if you continue to hold on to positions then use trailing stops to lock in your profits.

 

ACTION CONSTRUCTION EQUIPMENT

Posted on by Hiren Kamani

ACTION CONSTRUCTION EQUIPMENT LIMITED (ACE) is India’s leading material handling and construction equipment manufacturing company with a majority market share in Mobile Cranes and Tower Cranes segment. In addition to Mobile Cranes, ACE also offers Mobile/Fixed Tower Cranes, Crawler Cranes, Truck Mounted Cranes, Lorry Loaders, Backhoe Loaders/Loaders, Vibratory Rollers, Forklifts, Tractors & Harvesters and other Construction Equipment. ACE has a consolidated presence in all major Infrastructure, Construction, Heavy Engineering and Industrial Projects across the country.

ACTION CONSTRUCTION EQUIPMENT LIMITED is promoted and managed by professionals having rich experience in Construction Equipment domain. It was established in the year 1995; today ACE has full-fledged state of the art production facilities based at industrial townships of Faridabad (Haryana), Kashipur (Uttrakhand). These Plants are fully equipped to produce around 12000 Construction Equipment and 9000 Tractors.

The workforce comprises of qualified professionals having undaunted commitment towards total quality management and our strength lies in standardization of class products. We are dedicated to provide our customers with latest technology Construction Equipment and efficient sales and product support aimed at satisfying their real needs.

The policy of responding with speed and expertise has been rewarded over the years in the form of repeat business resulting in constant growth making us the leading company in the Mobile Cranes, Tower Cranes and Construction Equipment sector in the country. Another factor driving our growth has been the versatility of our equipment to satisfy a vast range of possible applications. Our equipment has been successfully used in many sectors like Infrastructure Construction, Power Projects, Ports & Shipyards, Dams, Metro Rail, Roads, Mining , Steel Industry, Engineering Industry, Railways, Cement, Petroleum, Defense, Chemicals & Fertilizer Plants, Warehousing, Logistics, Building Construction etc., to name a few.                                                                          (Source:  ace-cranes website)

 

Share Holding Pattern as on June 2017

(Source : BSE Website)

Shareholding Pattern of the Public shareholder & Mutual Funds

ACE Shareholding Pattern Public ShareHolder

(Source : BSE Website)

Action Construction Equipments Ltd posted quaterly result with continious increasing Sales and profit 

(Source : screener Website)

Recomended Price : 59 Rs

Current Price

Book Value:  23.31

Face value: 2

52 Week High/Low:  77.40 / 40

Listing: NSE/BSE

BUYING RANGE 56-60
 

RECCOMENDATION FOR PORTFOLIO INVESTMENT FOR LONG TERM.

FreeStockAnalysis Idea Cellular Limited,Bharti Airtel Limited,Titan Company Limited,HCL Technologies Limited

Posted on by Hiren Kamani

Intraday Trading Strategy – 1


Idea Cellular Limited

Buy Idea Cellular Limited at / above 90.25 Target 92.59 – 95.01 – 97.46 – 99.95

Stop loss — 87.89

Sell Idea Cellular Limited at / below 87.89 Target 85.6 – 83.3 – 81.04 – 78.8

Stop loss — 90.25

 

Intraday Trading Strategy – 2


Bharti Airtel Limited

Buy Bharti Airtel Limited at / above 435.76 Target 440.77 – 446.04 – 451.33 – 456.66

Stop loss — 430.56

Sell Bharti Airtel Limited at / below 430.56 Target 425.6 – 420.46 – 415.34 – 410.26

Stop loss — 435.76

 

Intraday Trading Strategy – 3


Titan Company Limited

Buy Titan Company Limited at / above 612.56 Target 618.45 – 624.68 – 630.94 – 637.24

Stop loss — 606.39

Sell Titan Company Limited at / below 606.39 Target 600.55 – 594.43 – 588.35 – 582.3

Stop loss — 612.56

 

Intraday Trading Strategy – 4


HCL Technologies Limited

Buy HCL Technologies Limited at / above 870.25 Target 877.2 – 884.61 – 892.06 – 899.55

Stop loss — 862.89

Sell HCL Technologies Limited at / below 862.89 Target 855.99 – 848.68 – 841.42 – 834.18

Stop loss — 870.25

 

All prices relate to the NSE Spot/Cash Market

FreeStockAnalysis Idea Cellular Limited,Bharti Airtel Limited,Titan Company Limited,HCL Technologies Limited based on the previous trading day’s price activity.

Intraday call is valid for the next trading session only unless otherwise mentioned.

Stop-loss levels are given so that there is a level below/above, which the market will tell us that the call has gone wrong. Stop-loss is an essential risk control mechanism; it should always be there.

Book, at least, part profits when the prices reach their targets; if you continue to hold on to positions then use trailing stops to lock in your profits.

 

FEDDERELEC – BTST

Posted on by Hiren Kamani

FEDDERELEC (Fedders Electric and Engineering Ltd) is present in many emerging fields which will perform very well with economy upturn and the company is available very cheap compared to peers


NSE Code: FEDDERELEC
BSE Code: 500139
CMP: 64.5
TGT: 69 / 73+

  1.  It is available at PE of just 7.14 while industry PE is 44.9
  2.  Profit in Q1FY18 zoomed to 16.17cr compared to 6.16cr in Q1FY17 showing more than 163%  rise in profits
  3.  Regular Dividend paying company and is available cum dividend of 10% for FY17 compared to 7.5% in FY16
  4.  Book Value of the company is 129 and is available 0.5 times price/book with is extremely attractive
  5.  Promoters have raised stake in the company by 5% in last 1 year and now hold 52% stake which gives confidence
  6.  HNI’s, Corporates also hold 21% stake in the company

FEDDERELEC Business Segment

FEDDERELEC