Everyone loves to talk about the commodities, but very few are there who actually want to trade in them. People are very much skeptical as to whether they should get into commodities trading.
There is a huge scope in commodities market if you know how to tap the right potential. World over commodity exchanges boast of much greater volumes in comparison with stock exchanges. Many commodities (especially agricultural counters) have a great impact on the general populace and falls under government control. The commodity markets have changed a lot from the slow, roadside trading offices in narrow streets next to crowded markets where traditional dhoti-clad merchants used to trade. Now trading commodities can be done online too. The advantage in commodity trading is that there are no balance sheets, no complicated financial statements. All you have to do is follow the supply and demand position of the commodities you trade in very closely.
If you believe your predictions are going to come true you could try your hand at trading in commodity futures market. However instead of buying gold ingots and storing them, it would be better if you buy your gold futures from commodities exchange. Also since the marker is growing at a rapid speed, there is a need for passionate and trained commodities professionals.
Commodity trading is a money-spinning business and is fast catching pace with the market, however it is advisable that if you are a rookie, you rather avoid it and initially trade in stock futures.Commodities trading has immense scope and if you know how to invest in the most efficient manner it will surely keep the bucks rolling for you.
Thanks
Fanatix
Commodities Trading
Article Source:http://www.articlesbase.com/day-trading-articles/commodities-institutional-trading-in-india-1075968.html
Popularity: 3% [?]
Posted in Day-Trading | No Comments »
July 31st, 2009 by bobby k
This message is only for long term investors.buy followiing stocks ,surly
they will give good returns.invest 5000 in each stock or according to your
appetite.invest in these stocks & forget .its my advice donot see their
market price daily—
1- mic electronics
2-srei infra
3-karuturi global
4-asahi songwon colors limited (ASCL)
for latest update visit following link-
www.smsgupshup.com/groups/stockshare
or
sms JOIN STOCKSHARE to 567678 frm [...]
Popularity: unranked [?]
Posted in Uncategorized | Comments Off
July 31st, 2009 by niftystock option
just type one sms JOIN NIFTYCALLNPUT and send it to 567678
For paid service performance visit:- http://niftystockoption.blogspot.com/
for paid service details visit:-http://niftystockoption.webs.com/
Popularity: unranked [?]
Posted in Uncategorized | Comments Off
July 31st, 2009 by HARI VISHNU
Yesterday we provided Buy ABAN abv 1021 target 1040…. today aban hits 1046… so enjoy BTST & make more daily.
Popularity: unranked [?]
Posted in Uncategorized | Comments Off
July 31st, 2009 by niftystock option
hi ..refresh ur memory we have told u on 30th july Buy United Spirits with sl of 889 and tgt of 1018 for 3 days…tgt achieved successfully….enjoy.
http://niftystockoption.webs.com/
Popularity: unranked [?]
Posted in Uncategorized | Comments Off
July 31st, 2009 by insight95in
GVK Power & Infrastructure
Buy Price: Rs 44 Target Price (Mar 10): Rs 50
Land+Power = next leg…..
PAT boost in coming quarters: GVK Power & Infrastructure (GVK) declared a 19% YoY decline in profits during 1Q F⋎, primarily due to higher interest and depreciation given commissioning of the Jegurupadu Phase-II and Gautami power plants. These plants, which commenced operations during 1Q F⋎, will see significant operational contribution in the coming quarters. Broadly, PAT came ahead of expectations at Rs327 mn (19% YoY decline), v/s Rs259 mn (36% YoY decline) given lower than anticipated interest costs.
Sales sees sharp rise: GVK’s sales during the quarter have risen by 150% YoY, given commissioning of the Jegurupadu Phase-II (220 MW, 100% owned) and Gautami (464 MW, 51% owned) power plants. Contribution of sales from the company’s power division has risen YoY from 72% to 87% in 1Q FY10 (See Exhibit 1). Given GVK owns 37% stake in the Mumbai airport (which has quarterly revenues of around RҀ.4 bn), the company is not consolidating the airport financials lineby- line. Hence, revenue mix is partially misleading, given airport contributes over 50% to GVK’s valuations. Given this, management indicated they are in discussion with auditors to consolidate airports business in its financials through the JV accounting standard. However, it must be noted this will not impact our attributed valuations to GVK.
EBITDA partly impacted by one-offs: During the quarter, GVK’s EBITDA came in lower than expectations (R mn v/s Rѿ.4 bn). The management indicated that during the quarter certain one-time expenditures have impacted the company’s profitability. These include Rⴞ mn maintenance expenditure for Jegurupadu Phase-I power plant and around Rⴅ mn of political donations. Additionally, around Rⴌ.5 mn periodic maintenance cost at the Jaipur-Kishangarh road project has been booked during the quarter. In the coming quarters, as the recently commissioned power plants stabilize and sell power on a
merchant basis EBITDA levels of the company are expected to improve significantly.
Higher MAT accounted for, merchant power awaited: In the Union Budget of 2009-10, Minimum Alternate Tax (MAT) has been raised from 10% to 15%. We have adjusted our valuations to factor in the higher MAT rate. However, GVK’s valuations has seen a negligible impact, given the airport asset which pays full tax accounts for over 50% of the value and MAT being available for only 10 years of a project and not over its life. Although, GVK’s power plants have fired up, merchant power sales are yet to commence. This is on account of the Andhra Pradesh government issuing directives to power companies to temporarily divert its power at PPA rates to the Andhra Pradesh SEB. Management has indicated that merchant power sales should begin in the coming quarter.
QIP issue eases funding concerns: During the quarter, GVK has successfully raised Rs7 bn through a QIP issue at Rs41.35/share. Given the same has eased funding concerns, management remains upbeat on the future prospects for the company. Going forward, a couple of aspects being highlighted are increasing its stake in MIAL from 37% to over 50% and in Gautami from 51% to around 60%, by buying out stake from its partners. Additionally, management also indicated that given aggressive bidding continues for prospective power projects, it may look to acquire stakes in under construction power plants, only at reasonable valuations, from companies which require equity infusion.
SEZ and new power projects progressing fairly well: GVK has been planning a 3,184 acre SEZ at Perambalur, Tamil Nadu which is expected to be commissioned by 2012. While 2,882 acres of land has been acquired already, Board of Approval (Government entity) has approved the SEZ project with notification expected soon (notification is only a formality now). The estimated project cost is Rs8.5 bn and given plans are yet to firmly materialize, we have only valued GVK’s sunk in equity investment of Rs1 bn at 2x P/BV (DLF and Unitech are trading close to 3x P/BV). Alaknanda and Goindwal Sahib are progressing as per schedule with Alaknanda expected to be commissioned in FY12 and the PPA for Goindwal Sahib being signed with the Punjab SEB. Given the progress, we have revised our valuation for GVK’s sunk in equity investments in these plants to 1.5x P/BV v/s 1x earlier.
Retain buy: Going forward, cash flows from GVK’s recently commissioned power plants will give a fillip to the company’s balance sheet strength. Additionally, the company is looking to monetize its land assets by developing a holistic real estate plan for the property. Similar to GMR, GVK is also looking to benefit from the receipt of interest free deposits to finance airport modernization. We have revised our airport valuations positively, factoring in interest free deposits, v/s assumption of a 39% revenue share to AAI on property development earlier. Additionally, we have revised our land valuations upwards to Rs800 mn/acre (Rs600 mn/acre earlier), which is 50-60% premium to land valuations received by GMR around the Delhi airport (given Mumbai location commands a premium over Delhi, and Delhi airport land is in the outskirts, while Mumbai land is in the heart of the city). Given our revised target price of Rs50/share, we retain our Buy recommendation on the stock.
Popularity: unranked [?]
Posted in Uncategorized | Comments Off
July 31st, 2009 by insight95in
Stock News
* INFRA : Union Road Transport & Highways Minister says that Govt will award road projects worth Rs 2trillion in the next two years
* BHARAT FORGE : in JV with Maharashtra Industrial Development Corp, to set up a multi-product SEZ to be developed at Khed in Pune, spred over 4500 hectares
* PTC : 1Q PAT @ Rs333mn vs Rs188.5mn, Sales @ Rs23.72bn
* MONSOONS : Met Dept says India’s monsoon rain 18% below normal in week ended July29.. rains deficient in 19 of 36 Met departments
* RANBAXY : Co say US FDA may start inspection of its Dewas plant any time now, moving Co closer to resuming exports.. to cut hedging to < $1bn by year end
* WOCKHARDT : 2Q Loss @ Rs1.9bn vs Rs1.06bn profit, Sales @ Rs9.54bn vs Rs9.35bn
* BEML : 1Q PAT @ Rⴡmn vs Rmn Loss.. Sales @ R҂.65bn vs RҀ.88bn
* NHPC : draws up capex plan of Rs 140bn & plans to raise upto Rs 60bn thru IPO
* BHARTI : deal with MTN may take longer altho the exclusive period ends today since due dilignnce exercise of both parties are not yet complete
* ESSAR POWER : completes its financial closure for 1200mw project in Madhya pradesh to be commissioned in 2011
* DLF : 1Q PAT Rs 3.96bn v/s 18.6bn.. Rev Rs 17.5bn v/s 38.5bn.. gearing ~0.5 v/s 0.6 at end of march qtr
* INDIABULLS REAL : 1Q PAT Rs 59.6mn v/s 68mn.. Rev Rs 46.4mn v/s 97mn
* RELIANCE INFRA : 1Q PAT Rs 3.17bn v/s 2.53bn.. Rev Rs 24.5bn v/s 22.9bn
* NESTLE : 2Q PAT Rs 1.62bn v/s 1.21bn.. Rev Rs 12.1bn v/s 10.4bn
* TV TODAY : to demerge radio broadcasting biz of Radio Today.. to allot 1 share in Radio Today for every 6 held in TV Today
Corporate News – Industry trends
* The Bombay High Court has allowed the Mukesh Ambaniowned Reliance Industries to change its written submissions in the legal battle with state-run NTPC. (ET)
* Essar Power ties up the debt required for the Rs 48.6 bn, 1200 megawatt thermal power plant that Essar is building in Mahan, Madhya Pradesh. (ET)
* Bharti Group and South Africa’s MTN Group are likely to extend the time period for discussing a possible merger. The two companies had earlier entered into an exclusive agreement to discuss synergies till July 31. (BL)
* HDIL has sold 1.8 mn sq ft of transferable development rights worth around Rs 2.7 bn in the first quarter of this financial year (BS)
Economic/Regulatory development
The annual Wholesale Price Index fell for a seventh straight week, declining 1.54% in the week to July 18 after falling 1.17% on a y-o-y basis in the previous week (BL)
International trends
Standard Chartered to buy Royal Bank of Scotland’s retail and small and medium enterprises operations in India, China and Malaysia, for ~ $250 mn (ET)
For More Benefits Visit : http://www.insighttechnical.net
Email : contact@insighttechnical.net
Contact : +91 9822226867
Popularity: unranked [?]
Posted in Uncategorized | Comments Off
July 31st, 2009 by niftystock option
if nifty break 4680 with volume then can touch 4750 in intraday.but need to break with volume
http://niftystockoption.webs.com/
Popularity: unranked [?]
Posted in Uncategorized | Comments Off
July 31st, 2009 by insight95in
First Day, First Show
The Nifty gained 58 points over the day to close at 4570. A smashing comeback by the bulls yesterday as the markets retraced the losses of Wednesday in a “V” shaped manner. After a quiet start and a minor correction in the first half-hour of trading the indices got into recovery mode and kept making higher highs through the rest of the day. The trading action in the last couple of days has helped the daily oscillators turn sideways, which is healthy. A bullish “Engulfing” pattern can be spotted on the daily chart that is likely to have a positive rub-off today as well. A large bullish “Triangle” pattern can also be spotted that has a target of 4630+, which should be done in the next few trading sessions. The hourly RSI indicator has seen an upside breakout from a
trendline while the Elliot studies suggest that a new wave up could have begun. This entire set-up suggests that the muchawaited breakout above 15600/4650 could take place by early next week and thereafter lead to runaway strength. Overall, the bulls are likely to remain in top form on the first day of the August series today and take the indices closer to their June 09 highs
Popularity: unranked [?]
Posted in Uncategorized | Comments Off
July 31st, 2009 by insight95in
JP Associates (Rs. 240)
Buy only in the region 239-241 with a stop loss
below 237 for an intra-day target of 247 and 250.
Tata Communication (Rs. 506)
Buy only in the region 503-506 with a stop loss
below 498 for an intra-day target of 518.
For More Benefits Visit : http://www.insighttechnical.net
Email : contact@insighttechnical.net
Contact : +91 9822226867
Popularity: unranked [?]
Posted in Uncategorized | Comments Off