Share Investment And Trading Ideas : For Sintex Industries Ltd

                            Anlysis For Investment And Trading  Ideas  For Sintex Industries 

            Sintex Industries was incorporated at Kalol,North Gujarat in year 1931 to manufacture textile goods.The company entered in manufacturing of Plastic large size containers  in the year 1975.Later on entered into manufacturing of organic intermediate chemicals etc at Olpad near Surat in Gujarat.In year 1989 its plastic division offered technical collaboration for plastic molded products to RCC Industries Ltd,Singapore.Textile Division of the company diversified its product range into 100% highly sophisticated cotton export varieties both in prints and shirting's in the year 1992. Sintex received Amity Corporate Excellence Award for "Highest Focus on Safety And Quality" in the year 2011.

   

             Sintex Industries was suffering with high debts which was taken for expansion of business in Plastic and allied products. Sintex management had reduced the debts very sharply and its business prospects are also looking very nice as demand of its products are rising due to improvement in the Indian Industry and Indian Economy which indicates more better days for this company.

Investment and trading Strategy  -

       

            We are very optimistic for coming time . Sintex Industries share touched  yearly high at 136 Level and yearly low at 70 Level. Its touched lower at 80 level on 25th August'15 in recent correction at Indian Share Market due negative news flow from Chinese Economy. Sintex Industries Share closed at 95.15 on 28th August'15 at NSE  ( Indian Share Market ) so its a appropriate time to make Investmet / Trade Sintex Industries for Short Term Trading and Long Term Investment now.

(1) For Short Term   :  Buy at 90 for target of  115 with strict Stop Loss at 79.

(2) For Long Term   :  Buy at 86 for target of  190 with Strict Stop Loss at 68.

Have a NICE Profitable Investing and Trading.

Analysis Of Market This Week

Hi Folks, Here's the Analysis of Indian Share Market this Week for week ending 28th Aug'15

Nifty                          :  8001.95 (-3.71% )        Sensex                  :  26392.38 (-3.72% )

                                                                      

CNX Midcap             : 13134.30 (-5.01% )        BSE Small Cap   : 10992.82 (-5.53% )

Bank Nifty Index      : 17211.95 (-5.06% )       Dollar  V/s  Rupees :      66.14 (-0.47% )

                                   

Gainers Of The Week

(1) Videocon Ind. : 19.30%     (2) IB Real Estate : 12.40%    (3) Delta Corp : 10.89%

(4) NMDC Ltd : 7.18%            (5) Escorts Ltd : 4.69%            (6) Piramal Entp. : 2.82%

               (7) eClerx Services Ltd  : 2.35%          (8) JSW Energy Limited : 2.24%

                                                       

Losers Of The Week

(1) PMC Fin Corp : 21.45%         (2) Wockhardt Ltd : 20.02%   (3) Kailash Auto : 25.81%

                                                                                

 (4) Central Bank  : 22.65%     (5) HDIL Ltd : 18.60%         (6) Century Textiles : 18.43%

                   (7) Oriental Bank Of Com.  : 17.99%     (8) Balrampur Chini Ltd : 17.15%

             

                                              Analysis  Of  Nifty  Movements

Indian share market and Nifty started this week's trading with weak trends due to negative news inflow from the Chinese economy. Strong selling pressure was seen from higher level around 8300 and buying interest was seen after Nifty touched  lower levels at 7667.  Nifty shown some consolidation with up wards move after Nifty touched weekly lower level at 7667 on 25th Aug. with Inttra Day volatility in this week. Nifty made weekly high at 8091 level as buying interest was seen  by market participants after sharp dips, particularly big investors like DII  during this week. Indian Share market is still trading in strong bullish trend as long term bullish trend is still intact. Market participants  like FII, who were buyer in last few days used this rise to book strong profit in this week. Whereas   DII are using every sharp dips for buy  although DII book some profit in selected shares during this week. Bullish  trend of Nifty and market is very strongly intact. Selling pressure  was seen particularly by FII  at any rise in selected large caps, mid caps and small caps shares at higher around 8300 level,

CNX Mid caps Index down by 5.01% and BSE Small Cap Index down by 5.53%, Nifty was also corrected by 3.71% and Sensex corrected by 3.72% and Bank Nifty was corrected by 5.06% during the week. Indian Rupee seen correction against US $ by 0.47%.

Now, Nifty have  support at 7950 / 8860 level and resistance at 8150 / 8190 level. Market participants should watch these level closely as Nifty will give a sharper move on either side after breaching the same. Its a market of selling at sharp rise and buying at any sharp dips to remain strong with safe profit on the table, So market participants should sell at any sharp rise and should cover the sold positions at any sharp dips to make nice profit in short term. 

Nifty will again enter in BEAR Orbit after the Nifty will breach and sustains below 7600 level , It will  indicate the further weakness in the Indian Share Market. Market traders should buy at any further sharp dips as its a very right time to make your Portfolio for medium to long term. 

   

Analysis Of Market Today

Hi Folks, Here's the Analysis of  Indian Share Market  Today 27th Aug.'15

Nifty                          :   7948.95 (+2.02% )        Sensex                  :  26231.19 (+2.01% )

                                                                      

CNX Midcap             :  13105.30 (+2.74% )       BSE Small Cap   :  10985.54 (+2.56% )

Bank Nifty Index      : 17214.40 (+1.75% )

Indian Share Market started with  gap up opening and traded in positive territory throughout the day . Strong buying interest was seen across the board since start of the trading session. Nifty touched Inttra  Day High at 7957 level and Low at 7862 level. Nifty and market seen  strong buying across the board and the buying was also extended to broader market but Some profit booking  was seen at higher level, perhaps due to Expiry of August'15 month. It was a day of  buying / short covering at any dip at lower level. In technical words, it was a day of  short covering. Shares of Adani Enterprise, Escorts Ltd, HDFC Ltd, IB Real Estate and JP Associate were in top gainers of the day.

 Banking Shares were also came on buyers radar after smart correction since last few trading sessions.  Selective buying was seen at any dips throughout the day including shares of Private and Public Sector banks even after the August month's Expiry day. Bank Nifty moved by 1.75%  due to buying in bank's shares.

Now, Nifty have support at 7880 / 7850 level and may face resistance at 8090  / 8150 level. Market participants should watch these levels carefully as the Nifty will give strong move on either side after breaking / breaching these levels.

    

Analysis Of Market Today

Hi Folks, Here's the Analysis of  Indian Share Market  Today 26th Aug.'15

Nifty                          :   7791.85 (-1.13% )        Sensex                  :  25714.66 (-1.22% )

                                                                      

CNX Midcap             :  12756.10 (-0.27% )       BSE Small Cap  :   10711.73 (+0.16% )

Bank Nifty Index      : 16917.65 (-1.60% )

Indian Share Market started with  gap down opening and traded in negative range in first an hour of  the day . Nifty and Market faced strong selling pressure at rise after 11.10 AM . Buying interest was seen after Nifty touch low at 7785 level. Nifty touched Inttra  Day High at 7930 level and Low at 7777 level. Nifty and market seen selective strong selling pressure across the board and the selling was also extended to broader market but Some buying was seen in selected Front line, Mid Cap and Small Cap shares after 11.10 AM. It was a day of selling / profit booking from higher levels and buying from lower level. In technical words, it was a day of Consolidation.

 Banking Shares were also came under selling pressure at rise. Selective buying was seen at any dips throughout the day including shares of Private and Public Sector but selling pressure was again surfaced in the second half of trading session . Bank Nifty corrected by 1.60%  due to selling pressure in bank's shares.

Now, Nifty have support at 7720 / 7650 level and may face resistance at 8010  / 8050 level. Market participants should watch these levels carefully as the Nifty will give strong move on either side after breaking / breaching these levels.

    

Analysis Of Market Today

Hi Folks, Here's the Analysis of  Indian Share Market  Today 25th Aug.'15

Nifty                          :  7880.70 (+0.92% )        Sensex                  :  26032.38 (+1.13% )

                                                                      

CNX Midcap             :  12790.90 (+1.98% )       BSE Small Cap  :   10694.67 (+1.01% )

Bank Nifty Index      : 17192.75 (+2.27% )

Indian Share Market started with  gap down opening and traded in negative range in first half  the day . Nifty and Market faced strong selling pressure . Buying interest was seen after Nifty touch low at 7667 level. Nifty touched Inttra  Day High at 7925 level and Low at 7667 level. Nifty and market seen selective strong selling pressure across the board and the selling was also extended to broader market but Strong buying was seen in Front line, Mid Cap and Small Cap shares in the second half  of the trading session. It was a day of selling / profit booking from higher levels and buying from lower level.

 Banking Shares were also on buyers radar after strong correction since 4 /5 days. selective buying was seen at any dips throughout the day including shares of Private and Public Sector. Bank Nifty moved up by 2.27%  due to selective buying interest in bank's shares.

Now, Nifty have support at 7720 / 7650 level and may face resistance at 8010  / 8050 level. Market participants should watch these levels carefully as the Nifty will give strong move on either side after breaking / breaching these levels.

    

Analysis Of Market This Week

Hi Folks, Here's the Analysis of Indian Share Market this Week for week ending 21st Aug'15

Nifty                          :  8299.95 (-2.57% )        Sensex                  :  27366.07 (-2.50% )

                                                                      

CNX Midcap             : 13749.15 (-1.21% )        BSE Small Cap   : 11610.44 (-1.33% )

Bank Nifty Index      :  18057.20 (-3.56% )       Dollar  V/s  Rupees :     65.83 (-1.28% )

                                   

Gainers Of The Week

(1) SREI Infra: 24.94%          (2) Tata Elxsi : 20.87%               (3) Delta Corp : 20.17%

(4) Ceat Ltd  : 16.69%            (5) Glenmark Pharma : 15.77%   (6) Jubilant Life : 15.13%

                            (7) Amara Raja Batteries  : 14.76%          (8) JK Tyres Limited : 13.68%

                                                       

Losers Of The Week

(1) Amtek Auto : 55.32%         (2) Kaveri Seed Co. : 25.76%   (3) Kailash Auto : 25.79%

                                                                                

 (4) Central Bank  : 21.75%     (5) Punj Lloyd  : 14.03%         (6) DEN Networks : 11.48%

                   (7) Gujarat Pipavav Port   : 11.04%                 (8) Sunrise Asian Ltd  : 10.88%

             

                                              Analysis  Of  Nifty  Movements

Indian share market and Nifty traded  with profit booking from higher levels in this week. Strong selling pressure was seen from higher level at 8530 and buying interest was seen from lower levels at 8225.  Nifty shown some consolidation with up wards move after Nifty touched weekly lower level at 8225 on 21st Aug. with Inttra Day volatility in this week. Nifty made weekly high at 8530 level as buying interest was seen after sharp dip by market participants particularly big investors like DII  during this week. Indian Share market is still trading in strong bullish trend as long term bullish trend is still intact. Market participants  like FII, who were buyer in last few days take this rise to book strong profit in this week. Whereas   DII are using every sharp dips for buy  although DII book some profit during this week. Bullish  trend of Nifty and market is very strongly intact. Selling pressure  was seen particularly by FII  at any rise in selected large caps, mid caps and small caps shares at higher above 8500 / 8520 level,

CNX Mid caps Index down by 1.21% and BSE Small Cap Index down by 1.33%, Nifty was also corrected by 2.57% and Sensex corrected by 2.50% and Bank Nifty was corrected by 3.56% during the week. Indian Rupee seen correction against US $ by 1.28%.

Now, Nifty have  support at 8170 / 8140 level and resistance at 8430 / 8460 level. Market participants should watch these level closely as Nifty will give a sharper move on either side after breaching the same. Its a market of selling at sharp rise and buying at any sharp dips to remain strong with safe profit on the table, So market participants should sell at any sharp rise and should cover the sold positions at any sharp dips to make nice profit in short term. 

Nifty will again enter in NEW BULL Orbit after the Nifty will crossed and sustained above 8650 level , It will  indicate the further strong up trend of the Indian Share Market. Market traders should buy at any further sharp dips as its a very right time to make your Portfolio for medium to long term.