DK Technical Analysis by Dhananjay Kadam

2023-05-17 11:58:28 Open / Comment

2023-05-17 06:32:31 Open / Comment

2023-05-16 06:38:17 * India Daybook – Stocks in News*

*Astral:* PAT at Rs 206 cr vs Rs 144 cr, up 43.1% YoY, Revenue at Rs 1,506 cr vs Rs 1,390 cr, up 8.3% YoY (Positive)

*Cantabil:* Net profit at Rs 16.9 cr Vs Rs 8.1 cr, Revenue up 30% at Rs 172.8 cr Vs Rs 133 cr (YoY) (Positive)

*Tube Invest:* Cons PAT at Rs 311 cr vs Rs 179 cr, up 73.9% YoY. Cons revenue at Rs 3,656 cr vs Rs 3,261 cr, up 12.1% YoY (Positive)

*Suryoday:* Net profit of Rs 38.9 cr Vs loss of Rs 48.1 cr, NII up 43.5% at Rs 210.1 cr Vs Rs 146.4 cr (YoY) (Positive)

*UltraTech Cement:* Company’s arm commissions 0.8 mtpa brownfield cement capacity in Rajasthan. (Positive)

*Wipro:* Company announced that its FullStride Cloud Studio has partnered with Google Cloud’s Rapid Migration Program. (Positive)

*Oil upstream stocks:* Windfall tax on crude petroleum cut to nil from the earlier Rs 4,100 per tonne (Positive)

*Neuland Laboratories:* BNP Paribas Arbitrage bought 70,897 shares in the company (Positive)

*Real Estate stocks:* Residential real estate market sets record, sales surge 48% in FY23: Anarock (Positive)

*Shyam Metalics':* Company’s associate arm has been declared as the preferred bidder for Iron Ore block in Maharashtra (Positive)

*ONGC:* The company has discovered crude oil and natural gas in two blocks in Mumbai offshore (Positive)

*Berger Paints:* Net profit down 15.9% at Rs 185.7 cr Vs Rs 221 cr, Revenue up 11.7% at Rs 2,443.6 cr Vs Rs 2,187.5 cr (YoY) (Neutral)

*Uttam Sugar:* Net profit up 14.6% at Rs 70 cr Vs Rs 61 cr, Revenue up 7.5% at Rs 527.4 cr Vs Rs 490.4 cr (YoY) (Neutral)

*Procter Health:* Net profit up 15.7% at Rs 59.2 cr Vs Rs 51.2 cr, Revenue up 19.8% at Rs 321 cr Vs Rs 268 cr (YoY) (Neutral)

*PVR-INOX:* Net loss at Rs 333.4 cr vs loss Rs 105.5 cr -Revenue at Rs 1,143.2 cr vs poll of Rs 1,192 cr (Neutral)

*PFizer:* Net profit up 3.1% at Rs 129.7 cr vs Rs 125.8 cr, Revenue up 4.2% at Rs 572.6 cr vs Rs 549.7 cr (YoY) (Neutral)

*Coromandel Q4:* Net profit down 15% at Rs 246.4 cr Vs Rs 290 cr, Revenue up 29.5% at Rs 5,475.8 cr Vs Rs 4,226.8 cr (YoY) (Neutral)

*Butterfly:* Net profit at Rs 1.6 cr Vs loss of Rs 19.4 cr, Revenue down 1.6% at Rs 186.8 cr Vs Rs 189.8 cr (YoY) (Neutral)

*Kalyan Jewellers:* Net profit at Rs 70 crore as against Rs 72 crore YoY (Neutral)

*HDFC Bank:* SEBI approves change in control for HDFC Capital Advisors (Neutral)

*Home First:* Norges Bank on Account of the Government Pension Fund Global acquired 21 lakh equity shares in the company (Neutral)

*Saksoft:* Premier Investment Fund sold 5.65 lakh shares in the company (Neutral)

*Ethos:* Promoter Entity Sold 1.5 Lakh Shares at Rs 1253/ Share (Negative) Open / Comment

2023-05-15 06:31:21 *Bulk deals*

*Nazara Technologies*: Societe Generale acquired 5.93 lakh equity shares in the gaming and sports media platform via open market transactions at an average price of Rs 570 per share.

*Sotac Pharmaceuticals*: Nav Capital VCC - Nav Capital Emerging Star Fund bought 82,800 equity shares in the company at Rs 119.5 per share, whereas AG Dynamic Funds sold 90,000 shares at an average price of Rs 119.51 per share.

*Zee Entertainment Enterprises*: Plutus Wealth Management LLP purchased 65 lakh shares in the media & entertainment company at an average price of Rs 184.63 per share. Open / Comment

2023-05-15 06:30:59 *IGL:* Net profit at Rs 397.5 cr vs Poll of Rs 365 cr, Revenues at Rs 3687.0 cr vs Poll of Rs 3649.0 cr (Neutral)

*TIPS:* Net profit up 15.1% at Rs 18.3 cr Vs Rs 16 cr, Revenue up 52.9% at Rs 52 cr Vs Rs 34 cr (YoY) (Neutral)

*Canara Bank:* RBI imposes a penalty of Rs 2.9 cr on Bank (Neutral)

*Sonata Soft:* Net profit down 3.3% at Rs 113.8 cr vs Rs 117.7 cr, Revenue down 15.4% at Rs 1,913.5 cr vs Rs 2,260.8 (QoQ) (Negative) Open / Comment

2023-05-15 06:30:59 *India Daybook*

*Stocks in News*

*Rainbow:* Net profit at Rs 53.9 cr vs Rs 12.3 cr, Revenue up 49.2% at Rs 317 cr vs Rs 212.4 cr (YoY) (Positive)

*Navin Fluoro:* Net profit up 81.4% at Rs 136.4 cr vs Rs 75.2 cr, Revenue up 70.5% at Rs 697.1 cr vs Rs 408.9 cr (YoY) (Positive)

*Ami Organics:* Net profit up 27.7% at Rs 27.2 cr vs Rs 21.3 cr, Revenue up 30% at Rs 186.4 cr vs Rs 143.5 cr (YoY) (Positive)

*Advanced Enzymes:* Net profit up 31.6% at Rs 32.1 cr vs Rs 24.4 cr, Revenue up 5.3% at Rs 138.7 cr vs Rs 131.7 cr (Positive)

*VST Tillers:* Net Profit up 81.9% at Rs 40.2 cr vs Rs 22 cr, Revenue up 47.7% at Rs 322.76 cr vs Rs 218.4 cr (YoY) (Positive)

*IOB:* Net profit up 17.7% at Rs 650.1 cr Vs Rs 552.4 cr, NII up 41.4% at Rs 2,276.1 cr Vs Rs 1,609.5 cr (Positive)

*Chola Holdings:* Net profit up 33.9% at Rs 407.9 cr Vs Rs 305 cr, Revenue up 38.6% at Rs 5,186.1 cr Vs Rs 3,742.6 cr (Positive)

*LINC:* Net profit at Rs 12.3 cr Vs Rs 3 cr, Revenue up 24.3% at Rs 137.3 cr Vs Rs 110.5 cr (YoY) (Positive)

*Camlin Kokuyo:* Net profit at Rs 8.8 cr Vs Rs 2.9 cr, Revenue up 32% at Rs 216.2 cr Vs Rs 164 cr (YoY) (Positive)

*Kirloskar Ferrous:* Net profit at Rs 88.2 cr Vs Rs 6.3 cr, Revenue up 51.4% at Rs 1,565.6 cr Vs Rs 1,033.9 cr (Positive)

*APL Apollo:* Net profit up 14.3% at Rs 201.8 cr Vs Rs 177 cr, Revenue up 5.1% at Rs 4,431.1 cr Vs Rs 4,214.7 cr (YoY) (Positive)

*GE Shipping:* Net profit at Rs 721.9 cr Vs Rs 189 cr, Revenue up 58.9% at Rs 1,456 cr Vs Rs 916.2 cr (YoY) (Positive)

*HPCL:* Net profit at Rs 3608 cr, up 79 percent, Revenue up 9% at Rs 1.14 lakh cr (YoY) (Positive)

*Sharda Crop:* Net profit up 12.3% at Rs 198.8 cr vs Rs 177 cr, Revenue up 3.3% at Rs 1,481.8 cr vs Rs 1,434.5 cr (YoY) (Positive)

*Colpal:* Net profit at Rs 316.2 cr Vs poll of Rs 276 cr, Margin at 33.5% vs 33% (YoY) (Positive)

*Manappuram:* Net profit at Rs 429.1 cr Vs poll of Rs 394.1 cr, NII at Rs 1,182.6 cr poll of Rs 1,075.5 cr (Positive)

*Birla Corporation:* Subsidiary RCCPL has acquired the mining rights comprising of 889.760 hectares at Katni, Madhya Pradesh. (Positive)

*Hero Motocorp:* Company has announced partnership with Motosport SA in Costa Rica to boost its presence in Central America. (Positive)

*Rail Vikas:* Company-SCC Infra JV bags order worth Rs 2,250 cr for irrigation project in Rajasthan (Positive)

*Max Healthcare:* Company’s arm to sell Uttar Pradesh land and building admeasuring 4,000 square meters (Positive)

*Bajaj Electricals:* Company’s board receives EGM approval for Rs 500 crore investment in its arm Bajel Projects (Positive)

*Shyam Metalics':* Company’s associate arm has been declared as the preferred bidder for Iron Ore block in Maharashtra (Positive)

*ONGC:* The company has discovered crude oil and natural gas in two blocks in Mumbai offshore (Positive)

*Adani Trans:* Company said the board has approved raising of funds up to Rs 8,500 crore via qualified institutional placement (Neutral)

*Adani Enterprises:* Board of directors has approved raising of funds up to Rs 12,500 crore via qualified institutional placement (Neutral)

*DMART:* Net profit up 8% at Rs 460.1 cr vs Rs 426.4 cr, Revenue up 20.6% at Rs 10,594 cr vs Rs 8,786.5 cr (YoY) (Neutral)

*Dish TV:* Net loss of Rs 1,720.6 cr Vs loss of Rs 1,997.6 cr, Revenue down 21.5% at Rs 504.8 cr Vs Rs 642.7 cr (YoY) (Neutral)

*Alembic:* Net profit up 1.1% at Rs 4.7 cr Vs Rs 4.65 cr, Revenue at Rs 37.1 cr Vs Rs 18.2 cr (YoY) (Neutral)

*Tata Motors Q4:* Revenue has recorded at Rs 105,932 crore versus poll of Rs 106,000 crore, EBITDA has recorded at Rs 13,114 crore versus poll of Rs 13,986 crore (Neutral)

*DLF:* Net profit at Rs 569.6 crore, up from Rs 405.54 crore. Total income fell to Rs 1,575.70 crore from Rs 1,652.13 crore (Neutral)

*Cipla:* Cons net profit at Rs 526 cr vs poll of Rs 773.7 cr, Tax Expenses at Rs 222 cr vs Rs 7 1 Cr (YoY) (Neutral)

*Butterfly:* Net profit at Rs 1.6 cr Vs loss of Rs 19.4 cr, Revenue down 1.6% at Rs 186.8 cr Vs Rs 189.8 cr (YoY) (Neutral) Open / Comment

2023-05-15 06:25:55 Our investment stock of the 2023


(Recommended on 2nd January)


Kirloskar ferrous


Open / Comment

2023-05-15 06:25:48 Open / Comment

2023-05-15 06:24:11 *Derivative Lens: 15th May 2023*

Indian equity market indices closed mixed on Friday. Nifty Futures closed negative by 0.11% at 18,333 with long unwinding and Bank Nifty Futures closed positive by 0.68% at 43,757 with short covering. In Cash segment FII’s bought of Rs. 1014 Crs, whereas DII’s sold of Rs. 922 Crs that takes the net inflow of just Rs. 92 Crs. Broader buying was seen in AUTO, Banking and Financial services stocks, while Metal, Media and Oil & Gas closed with negative bias.

*Index Net Long/short Position*

A major movement was seen in Index net long short position by market participants that kept the market volatile. Client added fresh long, DII’s and Pro stood Neutral, while FII’s added fresh short marginally. From last 5 trading session participants OI in Index long/short stood in the range of -0.15 to 0.15 lakh contract that kept the Nifty Futures in range bound, a sudden move or aggressive position build up on either side will decide the further direction for the Nifty Futures.

*Index Update*

Max OI on Call stood at 18,300 and Max OI on Put stood at 18,200 strike price. Max OI addition on call stood at 18,800 and on Put stood at 18,200 levels. Max Pain is at 18,300 from 2 days. PCR stands at 1.08 with rise in Put writer that saw the positive movement.

Nifty Futures has to break its trading range to give further move. Going ahead, it may trade higher with support of 18,300, followed by 18,200. While on higher side it may face resistance at 18,400 followed by 18,500 levels. We suggest market participants to hold long position by keeping strict stoploss at support levels. Open / Comment

2023-05-13 17:36:10 हैलो दोस्तों

क्या आप रोजाना सुबह 09:30 से 11:00 बजे के बीच 5000/- से 10000/- कमाना चाहते हैं

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(पहले 100 सदस्यों के लिए नि:शुल्क प्रवेश) Open / Comment