Overnight for Monday sell HDFC/valuerupee/SunilBehki

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hdfc

sell it now

Red hot sell for STBT traders…….HDFC…..Stock will slide very heavily in a days to come.

Technically all indicators showing sign of weakness.

Currently the MACD is bearish since it is trading below its signal line. The RSI has just reached its lowest value in the last 14 period(s).  This is bearish.

Today during intraday broke last crucial support showing sign of further panic on Monday.

STBT traders……Just short this stock and watch sharp slide on Monday..!!

Go short keeping stop loss of Rs.1101 for an lower target of Rs.1067 which has to watch out, Break will invite panic selling upto Rs.1058, Rs.1051 is very much possible..!!!

DAY TRADERS INTRADAY JACKPOT: AJANTA PHARMA & REC/valuerupee/Sunilbehki

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Now two more stocks for all of you … AJANTA PHARMA & REC… Just catch this stocks at OPENING BELL in futures … !!!!

Last close 1538.85

Since last 4 months FIIs are continuing to maintain plus position in this stock.

 Just buy this stock at the opening bell today itself and take advantage of the huge explosion in this stock !!! Real jackpot for day and future traders…!!!

Intraday stock will zoom to Rs.1554 mark, if crosses and stay above will take this to Rs.1571 mark.

Protect plus position keeping stop loss of Rs.1516 mark..!!!

REC

 Last close 181.05

Buy (1)

Get ready for another strong pullback!!!

Huge plus positions have been built by smart people…!!!

We strongly recommend for intraday traders…Buy at the opening bell keeping stop loss of Rs.175 for an upper target of Rs.187, Cross over will take this to Rs.191.

RED HOT SELL FOR STBT TRADERS : JUBILIANT FOOD/valuerupee/SunilBehki

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jubliant

sell_buttonNow trading at 1200 levels…..SELL SELL SELL & WATCH HUGE SELLING TOMORROW.

Stop loss Rs.1246

Today the stock has already given a breakdown and is clearly trading below point of control as well as value area low.

These are signals of high short-term weakness and today this stock has witness delivery based selling too…!!!

Today it broke the support level of last 23 trading session with higher volumes. So possibly we may see further downside in the stock.

It can now easily crack down to Rs.1142, break will take this to Rs.1122 or even Rs.1103 is very much possible…!!!

2 Intraday Rocket stocks for day traders : ADANI PORT & REL CAP/valuerupee/SunilBehki

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 Last close 241

grabatopeningbell

The short-term uptrend in the stock of ADANI PORT is gaining momentum. Prior to this rise, the stock has been in a strong downtrend since October 2015. This downtrend halted at a low of Rs.169.70 on February 12, 2016 and the stock reversed higher since then.Now after long consolidation, yesterday stock zoomed with volumes.

We see strong buying in this counter even today.

Grab it at the opening bell keeping stop loss of Rs.233. On the upper side stock will zoom to Rs.247, Cross over will take this to Rs.253 mark…!!!

 Reliance-capital_11

Last close 404.85

The outlook for the stock of Rel CaP is bullish.

rocket-2

The stock has been on a short-term uptrend. This rally made a temporary halt yesterday but today we see huge spurt in this counter.

Best stock for day traders………Grab it at the opening bell and enjoy blast. We recommend to buy keeping stop loss of Rs.396 for an intraday target of Rs.412, Cross over will take this to Rs.419 mark…!!!

Traders with a STBT perspective can short ACC immediately/valuerupee/Sunilbehki

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 Sell ACC
The outlook for the stock of ACC is bearish.

Traders with a STBT perspective can go SHORT.

acc_cement

The bearish outlook will get negated only if the result comes mind blowing & stock spurt above Rs.1458.

 Investors with an overnight perspective can consider selling the shares of ACC.

We see the repetition of the single day fall as happened on 21st April when stock slide from 1482 to 1432 mark. We see same sort of selling and tomorrow it can slide to 1388, Rs.1355 mark…!!!

Now at this point of time trading around 1434-1335 mark………….Just sell today and enjoy the slide tomorrow..!!!!

India Where China Was ‘Seven to Ten Years Ago’, Says Apple’s Tim Cook

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India Where China Was 'Seven to Ten Years Ago', Says Apple's Tim Cook

Apple on Tuesday reported that global iPhone sales were down for the first time, in line with company’s guidance for the quarter. However, it had some good news to report in India, where iPhone sales grew over 50 percent.

“If you take a look at India, we grew by 56 percent, and we’re placing increasing emphasis in these areas [emerging markets], where it’s clear there will be disproportionate growth versus the more developed areas,” CEO Tim Cook said on the earnings call.

In response to a question later in the call, Cook spent some more time talking about the challenges Apple faces in India, and the big opportunity the country represents. However, he believes that the country still has a long way before it catches up with a market like China.

“It is already the third largest smartphone market in the world,” Cook said, though by some estimatesIndia is already the second biggest smartphone market, second only to China. “But because the smartphones that are working there are low end, primarily because of the network and the economics, the market potential has not been as great there. But I view India as where China was maybe seven to ten years ago from that point of view, and I think there’s a really great opportunity there,” Cook added.

It’s easy to understand Cook’s perspective. Despite a 25 percent drop in revenue, Apple clocked nearly 12.5 billion USD in sales in the China region in the Jan-March quarter alone, and though Apple doesn’t officially report India sales separately, its revenue for in the country was said to be just 1 billion USD for the entire year of 2015.

Cook highlighted that he believes the relatively slow rollout of LTE networks in the country is one of the things that has held the company back.

“If you look at India, and each country has a different story a bit, but the things that have held not only us back perhaps but some others as well is that the LTE rollout with India just really began this year, and so we’ll begin to see some really good networks coming on in India,” Cook said. “That will unleash the power and capability of the iPhone in a way that an older network, a 2.5G or even some 3G networks, would not do. And so the infrastructure is one key.”

Cook also touched upon the differences in terms of how retail operates in the country, something Apple seemed to struggle with a few years back, but the company has shown better understanding of the local market dynamics recently.

“The second one is building the channel out,” Cook explained. “Unlike the US, as an example, where the carriers in the U.S. sell the vast majority of phones that are sold in the United States, in India the carriers in general sell virtually no phones. And so it’s out in retail, and retail is many, many different small shops.”

Interestingly, Cook highlighted the company’s increased focus on India in the last 18 months, a timeline that is more or less in line with the increased flexibility that Apple partners have had recentlyin terms of selling the iPhone below the official MRP, a standard practice for the rest of the industry.

“We’ve been working in India now for a couple of years or more, but we’ve been working with great energy over the last 18 months or so, and I’m encouraged by the results that we’re beginning to see there, and believe there’s a lot, lot more there,” Cook said.

Realtors Say No Scope For Further Cut In Housing Prices

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Realtors Say No Scope For Further Cut In Housing Prices

Realtors’ apex body CREDAI on Tuesday said there is no scope for further reduction in housing prices as this would lead to rise in NPAs and non-delivery of real estate projects.

RBI Governor Raghuram Rajan yesterday asked real estate developers to reduce prices to encourage more people to buy properties.

“About 90 per cent of the real estate stock in the country has already seen a correction of about 20-30 per cent. There is no scope for further rate cut. Any further cut will lead to NPAs and non-delivery of projects,” CREDAI (National) President Getamber Anand told PTI.

“His (RBI Governor) statement should not be taken out of context as he has recommended an adjustment and not necessarily a price cut. The adjustment could be through other ways like easy payment scheme to attract home buyers,” he said.

The real estate sector is facing slowdown in demand leading to mounting unsold stocks and huge delays in project completions.

“I am hopeful that as interest rates come down, there will be more credit and buying. And I am also hopeful that prices adjust in a way that encourage people to buy,” Dr Rajan had said while delivering the Y B Chavan Memorial Lecture here.

The Reserve Bank of India (RBI) has lowered rates by 1.5 per cent cumulatively since January last year and earlier this month the policy rate was cut by 0.25 per cent to 6.5 per cent — its lowest level in more than five years.

More than half of the rate cuts have been passed on by the banks to consumers. “My sense is that there is a little bit of everything that needs to happen” for the revival in the real estate sector, Dr Rajan said.

“There is an issue of certainly how they see the housing market and how they see prices. There has to be an adjustment so that more people want to go and buy,” he had said.

ZEE ENT & AMARRAJA BATT : 2 Rocket Stocks to Buy at the opening bell/VALUERUPEE/SUNILBEHKI

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2 Rocket Stocks to Buy at opening bell

zee_tv

 Last close 413.30

zeetv

This we consider to be the best stock for a day traders, Jut buy it at the opening bell…!!!

It is gradually consolidating and witnessing built up of long position from last seven trading sessions.

 Technically the stock is looking very explosive at current levels and the stock is

ready to explode from the current levels of Rs.413 to Rs.423 non-stop and thereafter Rs. 429…!!!

Just catch the stock with a stoploss of Rs.404 at the opening bell and create good money for yourself !!!

 

 Last close 949.45

 Looking at the positive close yesterday, we strongly believe stock will cross and close above the channel and will continue its upmove today.

Stock is very much ready for another round of bull run. We feel this to be the safe bet at this level. Just remain invested with a stop loss of Rs.920.

Our target for the stock is Rs.973 intraday, If manages to cross and close above will take this to Rs.990 mark..!!!

One of the most common questions I get on a daily basis is this….Why not updating your daily technical levels on your website.

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One of the most common questions I get on a daily basis is this….Why not updating your daily technical buy/sell calls on your website……

Guys…..On traders demand……From 27th April once again here you will get Stock updates based on after market analysis which can be used as pre market stock tips. As you have seen in the past the moment we update about any stock it becomes talk of the street. We are very much confident that this is what going to happen again.

 All Stock updates will be done daily after stock market of India closed. Since last few months due to some personal reason we were not able to update on daily basis. Soon we are coming back in business with big bang…..

 Dear Readers, for your intraday positions, deliveries positions or F&O Derivative’s trade positions…..Just visit valuerupee.com on daily basis. This site will provide you daily technical levels which will be of great help for intraday day traders. Not only that, we shall also update BTST/STBT call around 3 pm. Guys…don’t even think about starting your trading without visiting here on daily basis from 27th April.

RBI cuts rate, boosts liquidity: Here’s how Rajan gave a pat on Jaitley’s back for Budget

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The Reserve Bank of India today cut the repo rate by a further 25 bps and also took measures to  ease the liquidity constraints in the banking system, giving hopes for the industry and consumers that interest rates in the economy will fall faster than earlier.

Here are the key points from the policy statement:

What are the actions taken by the central bank today?

For one, it cut the policy repo rate by 25 basis points from 6.75 percent to 6.5 percent;

Secondly, it reduced the minimum daily maintenance of banks’ cash reserve ratio (CRR) from 95 percent of the requirement to 90 percent with effect from the fortnight beginning 16 April. CRR is the proportion of deposits banks need to keep with the RBI. It has kept the CRR unchanged at 4 percent of net demand and time liabilities (NDTL).

Thirdly, it narrowed the policy rate corridor from +/-100 basis points (bps) to +/- 50 bps by reducing the MSF rate by 75 basis points and increasing the reverse repo rate by 25 basis points, with a view to ensuring finer alignment of the weighted average call rate (WACR) with the repo rate;

All the moves are intended to push banks to cut interest rates further. Despite the RBI cutting policy rate by 125 basis points since January 2015, banks have only cut interest rates by 50-60 bps.

Two of the steps – on reverse repo and CRR – are aimed at increasing the liquidity with banks. With more cash in hand, banks should be able to cut rates at a faster clip. With the cut, the repo rate has hit the lowest in six years.

However, the rate cut comes even as there have been calls for deeper cut in the repo rate from various quarters. Some even called for a 100 bps cut.

So, why didn’t the central bank go for a deeper cut?

The reason could be fears of inflation. It says inflation has evolved along the projected trajectory and also that CPI inflation is expected to decelerate modestly. It sees the rate around 5 percent during 2016-17. However, it has listed  six uncertainties that are likely to throw the inflation scenario haywire. They are 1) recent unseasonal rains, 2) the likely spatial and temporal distribution of monsoon, 3) the low reservoir levels by historical averages, 4) the strength of the recent upturn in commodity prices, especially oil, 5) persistence of inflation in certain services, 6) the implementation of the 7th Central Pay Commission awards which will impart an upside to the baseline through direct and indirect effects.

rbi repo rateThen why did the RBI cut the rate now?

Mainly because the government has stuck to the fiscal consolidation path in the Budget for 2016-17. Another reason is the cut in the small savings rate affected by the government. The high interest rates offered on small savings has been forcing the banks to hold on to the rates for fear that savers may ditch them if they cut deposit rates. Moreover, the fears that inflation may spike has been offset by a few factors: 1) downside pressures stemming from tepid demand in the global economy, 2) the government’s effective supply side measures keeping a check on food prices, and 3) the Central government’s commendable commitment to fiscal consolidation.

Another reason for the cut is the wobbly economic growth. Though it has maintained the gross value added at 7.6%, the RBI sees three downside risks to growth: 1) the fading impact of lower input costs on value addition in manufacturing, 2) persisting corporate sector stress and risk aversion in the banking system, 3) the weaker global growth and trade outlook. The uneven growth is likely to strengthen in the current financial year provided the monsoon is normal.

“Given weak private investment in the face of low capacity utilisation, a reduction in the policy rate by 25 bps will help strengthen activity and aid the Government’s initiatives,” the RBI said.

What does the RBI think of the Jaitley’s Budget?

It has given a thumbs up to the Budget. For one the government sticking to fiscal consolidation path will help disinflation. Secondly, it has given a stamp of approval for the government’s rural thrust. “The Government has also set out a comprehensive strategy for reinvigorating demand in the rural economy, enhancing the economy’s social and physical infrastructure, and improving the environment for doing business and deepening institutional reform. The implementation of these measures should improve supply conditions and allow efficiency and productivity gains to accrue,” the RBI has said. This is very much needed given the stress experienced in the rural economy. “Consumer non-durables production has been shrinking, with a pronounced decline in Q4. This reflects the continuing slack in rural demand. On the other hand, consumer durables remained strong, even after abstracting from favourable base effects, which suggests that urban demand is holding up,” the RBI says in the statement. Clearly, rural and urban economies are on divergent paths.