Members Queries - Veer Energy
Earnings - Decline - yoy basis , RoE - 2% , This business Segment is under stress - Suggest to book your profits - Or if you know future plans which waves diversification - take call
HDIL
HDIL - Most of Oscillators - Reflecting - Over sold territory - Lost volume interest taking toll on scrip - Blue line below - acting as - Ray of hope -Caution
Lakshmi Energy & Foods
Lakshmi Energy & Foods - Gap full Filled - Made Double Bottom - Buy - 29.10 - SL - 24 - Target - 37, 42, 47. If it breaks below 24 then - the story will be over - i believe it should not - the risk reward is favorable - from here
[9:45 AM, 10/19/2017] Amit Sharma: What is your call on idea for this expiry
[9:48 AM, 10/19/2017] Puneet S. Marwah: Idea - Got the re- rating from market - post announcement of approval merger with vodaphone - Now has enough arms to stretch the fight against JIO - Short term over heated - Should make base of 85 for fresh entry - Targets 95 to 98
[9:48 AM, 10/19/2017] Prerana Gandhi: Your view on 3i info
[9:55 AM, 10/19/2017] Puneet S. Marwah: 3 i Infotech - It has made a band - and trading in range - 3.70 is Mid term support should hold - this time - Cracking and sustaining below - could attract stoploss- then support should be around - 3.20 - _
[9:51 AM, 10/19/2017] Binit Dalmia EqTech-46: Ganesha ecosystem
[10:00 AM, 10/19/2017] Puneet S. Marwah: \ Scrip is in symmetrical triangle formation and ready for either side movement - Low volumes at breakout is quite visible and stock is not able to hold above - 399 /- , It has prove the strength - Present chart structure is weak and reflects off loading scenario -
[9:59 AM, 10/19/2017] Ravi Kumar h t Haller EqTech-750: Punith sir vedantha expiry view sir
[10:00 AM, 10/19/2017] Puneet S. Marwah: Max can hit - 343 /- Book there
[9:58 AM, 10/19/2017] Anuj Agarwal EqTech-166: Sir Manappuram is moving in a range? Any upside or should i book?
[10:01 AM, 10/19/2017] Puneet S. Marwah: It should only react above - 106.8 closing - till then its short term bounce - book atleast 50 %
[10:01 AM, 10/19/2017] Vikas Vikas EqTech-251: Punit Sir- view on Bohra industries
[10:02 AM, 10/19/2017] Puneet S. Marwah: waiting for first half yearly results - my target remains same - 80
[10:03 AM, 10/19/2017] Vyas EqTech-257: Sir I want Ur view in sintex plastic
[10:09 AM, 10/19/2017] Puneet S. Marwah: Sintex - plastic - its in distribution phase and any thing below - 85 /- Could trigger should term fall - not an attractive trade -
[10:08 AM, 10/19/2017] Rakesh Khandelwal EqTech-233: In axis bank fresh position
[10:10 AM, 10/19/2017] Puneet S. Marwah: 444
[10:06 AM, 10/19/2017] Prathamesh Pavagi EqTech-94: Astec lifesciences
It was a bit volatile during Godrej agrovet's listing
Now again went down
Shall I hold?
[10:15 AM, 10/19/2017] Puneet S. Marwah: first Support - 565 , Second support - 552 /- Anything below these points will take the stock to 511, Long term pattern suggest Flag - reflection - the stock is trading on low volumes - short term profit booking expected - Long term still bullish
[10:07 AM, 10/19/2017] Pardeep Kumawat EqTech-628: sanghvi movers.. ?
Sangi - charts looks weak on over all - structural basis - Just trying to hold previous support - Chances are it might not hold - Be cautious on taking long term holding- short term could give you some - 3-7 % returns
[10:08 AM, 10/19/2017] Taruna Varliani Train: Ur view on ITL
[10:13 AM, 10/19/2017] Puneet S. Marwah: Seems - Company is performing on numbers and loads of interest floating in the scrip - No signs of profit booking - keep holding -
[10:12 AM, 10/19/2017] DINAKARA P EqTech-297: Sir ur view on Birla money and Nucleus ?
[10:23 AM, 10/19/2017] Puneet S. Marwah: Nucleus Software - Fresh Breakout - Seems healthy to buy around - 355 - Hold for target of 400
[10:25 AM, 10/19/2017] Puneet S. Marwah: Birla Money - Profit Booking visible from top - Best Buy- 80.80 / Average - 74.80/ SL 70 / Target - 100
[9:31 AM, 10/19/2017] Santosh Kumar EqTech-768: Puneet sir, what is ur view on "Vedanta" October series.
[9:34 AM, 10/19/2017] Puneet S. Marwah: Vedanta - It has given awesome gains , now the stock seems to over bought - Last station to book your profits - 341/343 Band / I personally feel - stock will correct from these levels and you can even buy Put for nov series , the moment it struggles in my said target zone -
Earnings - Decline - yoy basis , RoE - 2% , This business Segment is under stress - Suggest to book your profits - Or if you know future plans which waves diversification - take call
Relinfra -
Stock has not participated in rally and showed divergence on Financial performance -
Above Chart structure - Signifies - Declining momemtum and trading at historical support areas -
On Diwali day - Stock broke the support of - 457/ and managed to close below -
Short term Support Now stands at - 440 / 436 band -
Over all weak chart and could even test - 418 /
Ashok Leyland
HDIL
HDIL - Most of Oscillators - Reflecting - Over sold territory - Lost volume interest taking toll on scrip - Blue line below - acting as - Ray of hope -Caution
Lakshmi Energy & Foods
Lakshmi Energy & Foods - Gap full Filled - Made Double Bottom - Buy - 29.10 - SL - 24 - Target - 37, 42, 47. If it breaks below 24 then - the story will be over - i believe it should not - the risk reward is favorable - from here
[9:45 AM, 10/19/2017] Amit Sharma: What is your call on idea for this expiry
[9:48 AM, 10/19/2017] Puneet S. Marwah: Idea - Got the re- rating from market - post announcement of approval merger with vodaphone - Now has enough arms to stretch the fight against JIO - Short term over heated - Should make base of 85 for fresh entry - Targets 95 to 98
[9:48 AM, 10/19/2017] Prerana Gandhi: Your view on 3i info
[9:55 AM, 10/19/2017] Puneet S. Marwah: 3 i Infotech - It has made a band - and trading in range - 3.70 is Mid term support should hold - this time - Cracking and sustaining below - could attract stoploss- then support should be around - 3.20 - _
[9:51 AM, 10/19/2017] Binit Dalmia EqTech-46: Ganesha ecosystem
[10:00 AM, 10/19/2017] Puneet S. Marwah: \ Scrip is in symmetrical triangle formation and ready for either side movement - Low volumes at breakout is quite visible and stock is not able to hold above - 399 /- , It has prove the strength - Present chart structure is weak and reflects off loading scenario -
[9:59 AM, 10/19/2017] Ravi Kumar h t Haller EqTech-750: Punith sir vedantha expiry view sir
[10:00 AM, 10/19/2017] Puneet S. Marwah: Max can hit - 343 /- Book there
[9:58 AM, 10/19/2017] Anuj Agarwal EqTech-166: Sir Manappuram is moving in a range? Any upside or should i book?
[10:01 AM, 10/19/2017] Puneet S. Marwah: It should only react above - 106.8 closing - till then its short term bounce - book atleast 50 %
[10:01 AM, 10/19/2017] Vikas Vikas EqTech-251: Punit Sir- view on Bohra industries
[10:02 AM, 10/19/2017] Puneet S. Marwah: waiting for first half yearly results - my target remains same - 80
[10:03 AM, 10/19/2017] Vyas EqTech-257: Sir I want Ur view in sintex plastic
[10:09 AM, 10/19/2017] Puneet S. Marwah: Sintex - plastic - its in distribution phase and any thing below - 85 /- Could trigger should term fall - not an attractive trade -
[10:08 AM, 10/19/2017] Rakesh Khandelwal EqTech-233: In axis bank fresh position
[10:10 AM, 10/19/2017] Puneet S. Marwah: 444
[10:06 AM, 10/19/2017] Prathamesh Pavagi EqTech-94: Astec lifesciences
It was a bit volatile during Godrej agrovet's listing
Now again went down
Shall I hold?
[10:15 AM, 10/19/2017] Puneet S. Marwah: first Support - 565 , Second support - 552 /- Anything below these points will take the stock to 511, Long term pattern suggest Flag - reflection - the stock is trading on low volumes - short term profit booking expected - Long term still bullish
[10:07 AM, 10/19/2017] Pardeep Kumawat EqTech-628: sanghvi movers.. ?
[10:08 AM, 10/19/2017] Taruna Varliani Train: Ur view on ITL
[10:13 AM, 10/19/2017] Puneet S. Marwah: Seems - Company is performing on numbers and loads of interest floating in the scrip - No signs of profit booking - keep holding -
[10:12 AM, 10/19/2017] DINAKARA P EqTech-297: Sir ur view on Birla money and Nucleus ?
[10:23 AM, 10/19/2017] Puneet S. Marwah: Nucleus Software - Fresh Breakout - Seems healthy to buy around - 355 - Hold for target of 400
[10:25 AM, 10/19/2017] Puneet S. Marwah: Birla Money - Profit Booking visible from top - Best Buy- 80.80 / Average - 74.80/ SL 70 / Target - 100
[9:07 AM, 10/20/2017]
Puneet S. Marwah: Nifty - Are we going to sustain - LTTL ( Long term trend
line) or - Is it a false breakout- Move denies Sustaining legs - How long
Reliance or Hdfcbank - will support - Are financials generating new breather -
It's well visible much of balancing - I would prefer Correction than risking my
money on air -
[12:19 PM, 10/20/2017] Priya: @Puneet S. Marwah if possible share views on SBI
[12:28 PM, 10/20/2017] Puneet S. Marwah: 237
[12:40 PM, 10/20/2017] Priya: ππ»
[12:42 PM, 10/20/2017] Priya: Any chance of short covering?
[12:45 PM, 10/20/2017] Puneet S. Marwah: No -
[12:52 PM, 10/20/2017] Priya: How do we chk if der will be any short covering or not
[1:33 PM, 10/20/2017] Puneet S. Marwah: π Check variation of open interest along with price moves
Scenario -1
Increase in price - and increase in open interest - Signifies -Positive Long
Scenario - 2
Decrease in price and decrease in open interest - Profit Booking
Scenario -3
Decrease in price and increase in open interest - Short build up
Now - Focus πππ
Decrease in price and open interest unchanged - More fall in prices
Stable prices and decrease in open interest - Short Covering
Also
Increase in price and decrease in open interest - Short Covering -
SBIN case -
Increase in open interest and decrease in price -
And open interest sustaining -
Means - Prices anticipated to fall more
[9:34 AM, 10/19/2017] Puneet S. Marwah: Vedanta - It has given awesome gains , now the stock seems to over bought - Last station to book your profits - 341/343 Band / I personally feel - stock will correct from these levels and you can even buy Put for nov series , the moment it struggles in my said target zone -
[9:44 AM, 10/19/2017] Aditya Jain EqTech-433: Also sir your
view on bajaj finance November series
[10:31 AM, 10/19/2017]
Puneet S. Marwah: Bajaj finance -
Evening Star formation - Negative - book your positions near to 1895 - short term stock has reversed and profit
booking visible
[9:38 AM, 10/19/2017] Smit Shah EqTech-595: Views on
Hindustan composite
[10:34 AM, 10/19/2017] Puneet S. Marwah: Short term
Positive - Major - resistance
around - 496 - / Over all
- at support areas and no buying at bottom - avoid taking postional bets
if it breaks - 470 again
[9:39 AM, 10/19/2017] Aditya Jain EqTech-433: Sir, Piramal Enterprise Limited (PEL) November series
[10:39 AM, 10/19/2017] Puneet S. Marwah: Seems good bet - oscillators - moving positive and seems could break good for nov series - Flag pattern - consolidating























