Reliance Jio

RIL AGM HIGHLIGHTS

• RELIANCE JIO WILL LAUNCH ON SEPTEMBER 5

• Reliance Jio will charge a standard Rs 50/GB of 4G data

• No more blackout dates on public holidays and festivals. Bills will be generated instantly at the end of the cycle. No surge pricing. 

• Mukesh Ambani says no voice call will ever be charged on the Jio network. Roaming will also be free, forever.

• Customers who have signed up will get complementary access to the Jio ecosystem, worth Rs 15,000, till December 2017. 

Indo Tech Transformers Ltd

Buying Indo Tech Transformers Ltd above 200 looks promising for Minimum Target 225

NIFTY in correction mode

Nifty movement is as expected.  We can hold short for bigger gains. 

Better to avoid taking long positions unless nifty closes above 8700. 

Top 5 dividend yielding companies in Indian Stock Market

Top 5 dividend yielding companies in Indian Stock Market


1. Interglobe Avi       --         40.66 %

2. Financial Tech      --         22.18 %

3. Clariant Chem      --          20.28%

4. Noida Toll             --          13.07% 

5. Hind Zinc              --           12.36%

Free Technical Charts for Nifty and Indian Stocks

Top two sites where free technical charts are available for FREE are 

1. Icharts

Icharts provides free EOD charts for almost all Indian Indices and stocks. They are provided numerous technical indicators which users can use as per their strategy.

Address :http://www.icharts.in/

2. GCI Meta Trader 4

GCI provides free technical charts worldwide.  One of the advantage here is they are providing live charts for Nifty and few stocks.  After setting your technical chart setup this can be saved as templet for later use. This feature makes user friendly where user need not to go for setup every time

Address :http://www.gcitrading.com/

Positions

26/08/2016

BODALCHEM

23/08/2016

Buy BodalChem above 115 for a target of 135 
( 20% return )

ELGI

Buy ELGIEQUIP Above 195 for a target of min 220

NIFTY

22/08/16

Nifty looking tired. Seems Selling is a good opportunity

Sell Nifty below 8600 (spot) target 8500/8450

MCDOWELL-N

21/08/2016

Buy MCDOWELL-N cmp 2261 for target 2600
( Duration 3 months ----- expected return 15% )

Zinc geared for a big move

21/08/16

Buy ZINC above 155 and sell below 150

Buy ORISSAMINE eq cmp 2227 (19/08/16)  ------ 1 year target 4444

TataSteel buy recommended on 07/08/16 now hovering around 1st target 395 (18/08/16 )
----> return 3.5%

Buy TataSteel above 380 tgt 395/410/427

Sell Bank nifty below 18650 target 18500/18420/18350

Sell Nifty below 8600 target 8500/8400