Thursday, 24 August 2017

CRUDEOIL TREND & TRADING PROSPECTIVE VIEWS

DSR Broking

Crude oil - BUY 3065 - TGT Made at  3100 - 3120 SL Below 3042

R1 - 3140                                        S1 - 3080
R2 - 3200                                        S2 - 3042
R3 - 3220                                        S3 - 3000

Trend updated for-Aug/24/2017.CMP-3107 The Crudeoil is in perfect uptrend .Currently Crudeoil is in strong downtrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Crudeoil is in SELL position.Positionally Support for the Crudeoil is 3093-3089-3080-3074-3034-2990-. Immediate resistance for Crudeoil is 3236

Short term and Intraday Level of CRUDEOIL

Currently Crudeoil is in HOLD LONG position Crudeoil is in profit booking mode so hold with stop at 3049 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised only above 3145.5 with a stop at 3084.7 Below 3068.7 go for sell and put stop at 3129.3
  • Intraday Resistance of CRUDEOIL are 3139.2 : 3165.9 : 3191.2 : 3202.9
  • Intraday Support of CRUDEOIL are 3074.8 : 3048.1 : 3024 : 3012.5

Wednesday, 2 August 2017

NIFTY TREND ANALYSIS & LEVELS FOR TODAY

DSR Broking

NIFTY 50

Updated for-Aug/02/2017

Nifty closed on a strong positive note at 10114 level .So today on upside first intra resistance is at 10149-54 level.Next resistance are at 10178-83,10209-14,10260-65,10310-15 level.On downside first support is at 10080-75level.Next support are at 10051-46,10019-15, 9969-65,9920-15,9891-86,9864-60,9820-16,9770-65,9730-25,9702-97,,9675-70,9640-35,9622-17,9595-90,9564-60, 9523-18,9475-70,9447-42,9423-18,9419-15,9389-85,9331-26 level. Market is in bull zone .So today for intraday on upside intra resistance are at 10154 and 10183 level and On downside be alert below 10075 and avoid all longs below that level as selling may intensify below 10046 level . 
  • Positional Support for NIFTY 9967 9927 9799 9725 9688 9614 9441 8929 and positional Immediate resistance for NIFTY is 10149.
  • Intraday Resistance of NIFTY are 10149.2 : 10177.8 : 10266.1 : 10287.2
  • Intraday Support of NIFTY are 10080.1 : 10051.5 : 9964.4 : 9943.6
Oscillator AnalysisNIFTY is now trading in highly overbought level. The oscillator is showing SELL signalShort Term Oscillator Analysis- The signal is SELL and NIFTY in overbought region. 

BANKNIFTY 

Updated for-Aug/02/2017

Positional Support for BANKNIFTY 24571 24335 23930 23768 23409 23231 22570 20855 and positional Immediate resistance for BANKNIFTY is 25230.
  • Intraday Resistance of BANKNIFTY are 25220.9 : 25302.3 : 25361.1 : 25394.3
  • Intraday Support of BANKNIFTY are 25024.7 : 24943.3 : 24885.6 : 24852.8

Tuesday, 1 August 2017

CRUDEOIL TREND & INTRADAY CALL

DSR Broking

CRUDE OIL - Sell 3210 TGT Made at 3165- 3100 SL Above 3286

R1 - 3238                              S1 - 3150
R2 - 3250                              S2 - 3100
R3 - 3280                              S3 - 3080

Trend updated for-Aug/01/2017.CMP-3181 The Crudeoil is in perfect uptrend .Currently Crudeoil is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Crudeoil is 3095-3047-3025-2997-2983-2954-. Immediate resistance for Crudeoil is 3179

Short term and Intraday Level of CRUDEOIL

Currently Crudeoil is in HOLD LONG position Crudeoil has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 3200.8 with stop at 2936.0 The oscillator is showing BUY signal 
  • Intraday Trend- Buy is advised only above 3200.8 with a stop at 3138 Below 3121.4 go for sell and put stop at 3184
  • Intraday Resistance of CRUDEOIL are 3194.4 : 3222.1 : 3245.9 : 3257.8
  • Intraday Support of CRUDEOIL are 3127.6 : 3099.9 : 3077.2 : 3065.7

Security and Intelligence Services (India) Ltd IPO (SiS IPO) Detail

DSR Broking

Incorporated in 1985, Security and Intelligence Services (India) Limited provides private security and facility management services in India and Australia. They offers cash logistics; security services, including manned guarding, cash logistics, and electronic security; and facility management services, such as mechanized cleaning, and pest and termite control services.
SiS servers customers that operate in various industries and sectors, which include banking and financial services, IT/ITeS and telecom, automobile, steel and heavy industries, governmental undertakings, hospitality and real estate, utilities, educational institutions, healthcare, consumer goods, engineering, and construction.
SIS Group is present across all the 29 states in India. They have joint ventures with affiliates of Prosegur Compañía de Seguridad, S.A and Terminix International Company, L.P. (“Terminix”), a multi-national provider of termite and pest control services.

Company Promoters:

The promoters of the company are:
1. Ravindra Kishore Sinha; and
2. Rituraj Kishore Sinha

Company Financials:

Summary of financial Information (Consolidated)
ParticularsFor the year/period ended (in Rs. Million)
31-Mar-1631-Mar-1531-Mar-1431-Mar-1331-Mar-12
Total Assets5,173.284,393.853,629.423,038.692,370.46
Total Revenue12,873.2210,562.878,244.945,826.734,648.84
Profit After Tax339.08246.38332.15298.93110.53

Objects of the Issue:

The object of the issue are:
1. Repayment and pre-payment of a portion of certain outstanding indebtedness availed by the Company;
2. Funding working capital requirements of the Company; and
3. General corporate purposes.

Issue Detail:

  »»  Issue Open: Jul 31, 2017 - Aug 2, 2017 
  »»  Issue Type: Book Built Issue IPO 
  »»  Issue Size: 
    ›  Fresh Issue of [.] Equity Shares of Rs 10 aggregating up to Rs 362.25 Cr 
    ›  Offer for Sale of 5,120,619 Equity Shares of Rs 10 aggregating up to Rs [.] Cr 
  »»  Face Value: Rs 10 Per Equity Share 
  »»  Issue Price: Rs 805 - Rs 815 Per Equity Share 
  »»  Market Lot: 18 Shares 
  »»  Minimum Order Quantity: 18 Shares 
  »»  Listing At: BSE, NSE

Cochin Shipyard Ltd IPO (Cochin Shipyard IPO) Detail

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Incorporated in 1969, Cochin Shipyard Limited is one of the largest public sector shipyard in India in terms of dock capacity. They operates a shipyard that provides shipbuilding and ships/offshore structures repair services.
Cochin Shipyard's shipbuilding activities include the construction of vessels for clients operating in the defense and in the commercial sector shipping industry. In addition to shipbuilding and ship repair, they also offers marine engineering training programs as well as offer additional courses, including six months practical training for marine engineering students from colleges affiliated to universities, fire prevention and firefighting, and elementary first aid training through its marine engineering training institute; and chemical, mechanical, and non-destructive testing services of metals, welds, and alloys.
They have built and delivered vessels across broad class ifications including bulk carriers, tankers, Platform Supply Vessels (“PSVs”), Anchor Handling Tug Supply vessels (“AHTSs”), barges, bollard pull tugs, passenger vessels and Fast Patrol Vessels (“FPVs ”). They are currently building India's first Indigenous Aircraft Carrier (“IAC”) for the Indian Navy.

Company Promoters:

The President of India is the promoter of the company. The Promoter along with its nominees, currently holds 100% of the pre-Issue paid-up equity share capital of the Company.

Company Financials:

Summary of financial Information (Consolidated)
ParticularsFor the year/period ended (in Rs. Million)
31-Mar-1731-Mar-1631-Mar-15
Total Assets33,164.3733,488.6128,912.85
Total Revenue22,085.0120,968.8116,604.52
Profit After Tax3,121.822,917.52692.82

Objects of the Issue:

Company proposes to utilize the Net Proceeds towards funding of the following objects:
1. Setting up of a new dry dock within the existing premises of the Company (“Dry Dock”);
2. Setting up of an international ship repair facility at Cochin Port Trust area (“ISRF”); and
3. General corporate purposes.

Issue Detail:

  »»  Issue Open: Aug 1, 2017 - Aug 3, 2017 
  »»  Issue Type: Book Built Issue IPO 
  »»  Issue Size: 33,984,000 Equity Shares of Rs 10 aggregating up to Rs 1,468.11 Cr 
    ›  Fresh Issue of 22,656,000 Equity Shares of Rs 10 aggregating up to Rs [.] Cr
    ›  Offer for Sale of 11,328,000 Equity Shares of Rs 10 aggregating up to Rs [.] Cr 
  »»  Face Value: Rs 10 Per Equity Share 
  »»  Issue Price: Rs 424 - Rs 432 Per Equity Share 
  »»  Market Lot: 30 Shares 
  »»  Minimum Order Quantity: 30 Shares 
  »»  Listing At: BSE, NSE
Discount of Rs 21 is offered to RII and Employee. Discounted price band is Rs 403 - Rs 411 for Retail and Employee.

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