Share Trading & Investment 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.

               The rates of Crude oil is coming down which will lead to improvement of its bottom line as well as its top line. secondly, NDA Government is focusing very hard on " Swatch Bharat Abhiyan " which will also helpful to Sintex Industries Ltd For improving its Sales and Profit in coming days. 

                                                         Investment and trading Strategy 

       

            We are very optimistic for coming time . Sintex Industries share touched  yearly high at 136 Level and yearly low at 68 Level. Its touched lower at 72 level in recent correction ( In Jan'16 ) at Indian Share Market due to negative news flow from Chinese Economy and other Global Economic Issues . Sintex Industries Share closed at 79.05 on 29th January'16 at BSE  ( 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 72 for target of  91 with strict Stop Loss at 65.

(2) For Long Term   :  Buy at 68 for target of  140 with Strict Stop Loss at 62.

Have a NICE Profitable Investing and Trading.

Analysis Of Market This week ; Indian Share Market

Hi Folks, Here's the Analysis of Indian Share Market this Week for week ending 29th Jan'16

Nifty                            :    7563.55 (+1.90% )                Sensex                :  24870.69 (+1.78% )

                                                                      

NIFTY Midcap 100  :  12469.10 (+2.03% )              BSE Small Cap   :  10869.84 (+2.06% )

NIFTY  BANK            :  15522.40 (+0.16% )              Dollar  V/s  Rupee :      67.78 (-0.22% )

                                   

Gainers Of The Week

(1) Tata Elxsi Ltd :  19.12%    (2) NIIT Tech  : 16.69%       (3) Finolex Industries : 16.32%

(4) Hind Zinc Ltd  : 15.99%    (5) Union Bank  : 13.93%    (6) Welspun Corpn. : 13.60%

                   (7) Torrent Power Ltd  : 12.96%        (8) Gujarat Pipavav Ports : 12.83%

                                                       

Losers Of The Week

(1) Just Dial Ltd : 24.12%       (2) Idea Cellular : 11.58%      (3) United Spirits : 8.96%

                                                                                

 (4) JET Airways : 10.18%      (5) Engineers India : 8.53%   (6) Adani Power : 8.48%

                  (7) Hathway Cable Ltd : 8.39%        (8) United Breweries Ltd : 7.62%

             

                                                         Analysis  Of  Nifty  Movements

Indian share market and Nifty started this week's trading with  GAP UP opening tried to move up but this up move was unable to sustained due to selling pressure was started consolidation after Nifty touched 7487 Level on 1st trading session of this week . Although big players done mixed trades ( Buying and Selling both in Cash Segment ) . The selling pressure was continued across the board particularly by big players like FII until Nifty touched lower level at 7402 on last trading session. Big market players like DII  are trying to support the market and their buying helped to change mood of the market participants which lead the up side movements in Nifty as well as in general market sentiment, resulting to raise Nifty to cross over 7500 level. Nifty made weekly high at 7575 level on the last trading session ( As Intra day High ) . Market participant DII are using every sharp dips for buy although DII book some profit in selected shares during this week. 

 Nifty settled this week end at 7563 which its highest closing after 12th Jan'2016 . Bank Nifty settled this week end at 15522.40 which is also its higher closing than last week . Indian Rupees settled this week end at 67.78 against US Dollar which is its lowest closing after 28 months ( After Aug'2013 ).

NIFTY Mid Cap100 Index raised by 2.03% and BSE Small Cap Index corrected by 2.06%, Nifty was also moved up by 1.90% , Sensex moved up by 1.78% and Bank Nifty was bounced back slightly by 0.16% during the week. Indian Rupee was slightly down against US $ by 0.22%

Now, Nifty have  support at 7490 / 7460 level and resistance at 7640 / 7690 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 had crossed and sustained above its previous resistance of 7556 Level and also managed to close slightly above this level  which is showing bullish tone of Nifty now. It means Nifty is heading towards to enter in BULL Orbit for SHORT TERM  so market participants should trade very carefully although the author feel that the Nifty should move up in next week as the Indian Share market is in OVER SOLD ZONE  ( As Per Technical Analysis ).

   

Shares Trading Ideas : For Today

                                                       Shares Trading Ideas For Today

(1) Financial Technologies                  : Buy for target of  102 with stop loss at  94

(2) H C C Ltd                                        : Buy for target of  23.20 with stop loss at 20.90

(3) Himadri Chemicals                        : Buy for target of  14.40 with stop loss at 13.10

(4) H O E C Ltd                                    : Buy for target of  32.90 with stop loss at 30.20

(5) ICICI Bank Ltd                                : SELL for target of  218 with stop loss at 239

(6) Jet Airways  Ltd                              : SELL for target of  608 with stop loss at 637

(7) Jain Irrigations                                : Buy for target 64.80 with stop loss at 60.10

(8) National Fertiliser                          : Buy for target of  29.60 with stop loss at  25.90

(9) PC Jwellers  Ltd                             : Buy for target of  434 with stop loss at 410

(10) YES Bank  Ltd                              : SELL for target of  656 with stop loss at 679


                                                             Trading Strategy

Indian market expected to start with GAP DOWN to FLAT opening and Volatile with consolation trading after opening today so please take your long positions at dips and short positions at rise to make NICE gains in the day trading today. Nifty made NEW low at 7241 ( on 20th Jan'16 ) which is the lowest level after 6th May'14 and Nifty had taken support at 7409 in last trading on yesterday .Nifty should respect 7390 levels now, so market participants should trade very carefully although the author feel that the Nifty should bounce back after consolidation as the Indian Share market is in OVER SOLD ZONE  ( As Per Technical Analysis ). It seems that market and Nifty should respect this level strongly but we advise to trade very carefully at present until the nifty able to cross and sustain above 7630 Level.

Now, Nifty have  support at 7390 / 7320 level and resistance at 7470 / 7520 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.  Please do not initiate your trade if the STOP LOSS get triggered in opening of trading session as we are expecting an Volatile trading session with consolidation today .

Wish You Profitable trading.

Shares Trading Ideas : For Today

                                                       Shares Trading Ideas For Today

(1) Appolo Hospital                            : Buy for target of  1452 with stop loss at  1408

(2) Future Consumer Entp.                 : Buy for target of  22.60 with stop loss at 20.90

(3) ICICI Bank  Ltd                              : Buy for target of  246 with stop loss at 230

(4) Jain Irrigations                               : Buy for target of  64 with stop loss at 60

(5) Jai Corp Ltd                                    : Buy for target of  66.40 with stop loss at 62.80

(6) NELCO  Ltd                                    : Buy for target of  96 with stop loss at 93

(7) SKS Micro Fin.                               : Buy for target 501 with stop loss at 480

(8) Sterlite Technologies                      : Buy for target of  86.20 with stop loss at 81.40

(9) Suzlon Energy  Ltd                          : Buy for target of  19.40 with stop loss at  17.90

(10) Welspun Corp Ltd                         : Buy for target of  95.50 with stop loss at 87.80


                                                             Trading Strategy

Indian market expected to start with GAP UP opening and Volatile with consolation trading after opening today so please take your long positions at dips to make NICE gains in the day trading today. Nifty made NEW low at 7241 ( on 20th Jan'16 ) which is the lowest level after 6th May'14 and Nifty had taken support at 7421 in last trading on Monday .Nifty should respect 7390 levels now, so market participants should trade very carefully although the author feel that the Nifty should bounce back after consolidation as the Indian Share market is in OVER SOLD ZONE  ( As Per Technical Analysis ). It seems that market and Nifty should respect this level strongly but we advise to trade very carefully at present until the nifty able to cross and sustain above 7630 Level.

Now, Nifty have  support at 7390 / 7320 level and resistance at 7470 / 7520 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.  Please do not initiate your trade if the STOP LOSS get triggered in opening of trading session as we are expecting an Volatile trading session with consolidation today .

Wish You Profitable trading.

Shares Trading Ideas : For Today

                                                       Shares Trading Ideas For Today

(1) Aban OffShore                               : Buy for target of  190 with stop loss at  181

(2) Force Motors Ltd                          : Buy for target of  2610 with stop loss at 2543

(3) H O E C Ltd                                    : Buy for target of  31.80 with stop loss at 30.10

(4) KEI Industries                                : Buy for target of  121 with stop loss at 113

(5) Man Industries                                : Buy for target of  67.40 with stop loss at 61.80

(6) Oil India Ltd                                    : Buy for target of  347 with stop loss at 338

(7) Spicejet Ltd                                     : Buy for target 72.90 with stop loss at 69.60

(8) Unichem Lab  Ltd                            : Buy for target of  242 with stop loss at 228

(9) UB Holdings  Ltd                            : Buy for target of  24.80 with stop loss at 22.60

(10) Walchandnagar Ind.                        : Buy for target of  141 with stop loss at 135


                                                             Trading Strategy

Indian market expected to start with GAP UP opening and Volatile with consolation trading after opening today so please take your long positions at dips to make NICE gains in the day trading today. Nifty made NEW low at 7241 ( on 20th Jan'16 ) which is the lowest level after 6th May'14 and Nifty had taken support at 7327 in last trading on Friday .Nifty should respect these levels  so market participants should trade very carefully although the author feel that the Nifty should bounce back after consolidation as the Indian Share market is in OVER SOLD ZONE  ( As Per Technical Analysis ). It seems that market and Nifty should respect this level strongly but we advise to trade very carefully at present until the nifty able to cross and sustain above 7630 Level.

Now, Nifty have  support at 7390 / 7320 level and resistance at 7470 / 7520 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.  Please do not initiate your trade if the STOP LOSS get triggered in opening of trading session as we are expecting an Volatile trading session with consolidation today .

Wish You Profitable trading.

Analysis Of Market This Week : Indian Share Market

Hi Folks, Here's the Analysis of Indian Share Market this Week for week ending 22nd Jan'16

Nifty                            :    7422.45 (-0.21% )                Sensex                :  24435.66 (-0.08% )

                                                                      

NIFTY Midcap 100  :  12221.45 (-2.08% )              BSE Small Cap   :  10598.38 (-1.71% )

NIFTY  BANK            :  15497.55 (+1.91% )              Dollar  V/s  Rupee :      67.63 (-0.04% )

                                   

Gainers Of The Week

(1) Infosys Ltd :  4.95%        (2) JSW Steels  : 6.12%          (3) Religare Enerprises  : 5.52%

(4) Havells India : 5.45%    (5) Hero MotoCorp : 5.22%    (6) Fortis Healthcare : 4.88%

                          (7) Axis Bank Ltd  : 4.36%                  (8) IRB Infra  Ltd : 3.70%

                                                       

Losers Of The Week

(1) GATI   Ltd : 27.14%                (2) Wockhardt Ltd : 23.62%   (3) G M D C Ltd  : 21.03%

                                                                                

 (4) JET Airways : 20.43%          (5) Vedanta Ltd : 20.01%        (6) BF Utilities  : 19.52%

                    (7) I F C I  Ltd  : 16.73%                   (8) Shree Renuka Sugar : 15.90%

             

                                                         Analysis  Of  Nifty  Movements

Indian share market and Nifty started this week's trading with  slightly GAP  DOWN opening tried to move up but this up move was unable to sustained due to selling pressure was started after Nifty touched 7463 Level on 1st trading session of this week . Although big players done mixed trades ( Buying and Selling both in Cash Segment ) . The selling pressure was continued across the board particularly by big players like FII until Nifty touched lower level at 7241 on 3rd trading session. Big market players like DII  are trying to support the market but their buying strength was not enough to stop the fall. Nifty made weekly high at 7470 level on the 3rd trading session ( As Intra day High ) . Market participant DII are using every sharp dips for buy although DII book some profit in selected shares during this week. 

 Nifty settled this week end at 7422 which its lowest closing after 18 months ( After June'2014 ). Bank Nifty settled this week end at 15497.55 which is its lowest closing after 15 months ( After Sept'2014 ) . Indian Rupees settled this week end at 67.63 against US Dollar which is its lowest closing after 28 months ( After Aug'2013 ).

NIFTY Mid Cap100 Index corrected by 2.08% and BSE Small Cap Index corrected by 1.71%, Nifty was also slightly corrected by 0.21% , Sensex slightly corrected by 0.08% and Bank Nifty was bounced back strongly by 1.91% during the week. Indian Rupee was slightly down against US $ by 0.04%

Now, Nifty have  support at 7360/ 7320 level and resistance at 7560 / 7640 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 had breached its previous week's low of 7556 Level and also managed to close well below this level  which is showing bearish tone of Nifty now. It means Nifty is heading towards to enter in BEAR Orbit for SHORT TERM  so market participants should trade very carefully although the author feel that the Nifty should bounce back in next week as the Indian Share market is in OVER SOLD ZONE  ( As Per Technical Analysis ).