Month: January 2016

Intraday Trading Strategy Tata Steel,Adani Port,Titan,Ongc

Posted on by Hiren Kamani

Intraday Trading Strategy – 1

Tata Steel

Buy Tata Steel above 257 Target 1 — 262 Target 2 — 266.5 Target 3 — 270

Stop loss — 252.5

Sell Tata Steel below 251 Target 1 — 249 Target 2 — 245 Target 3 — 242    

Stop loss — 255

 

Intraday Trading Strategy – 2

Adani Port

Buy Adani Port above 222 Target 1 — 223.5 Target 2 — 227.5 Target 3 — 231

Stop loss — 217

Sell Adani Port below 217 Target 1 — 214.5 Target 2 — 211 Target 3 — 207    

Stop loss — 220

 

Intraday Trading Strategy – 3

Titan Company

Buy Titan Company above 358 Target 1 — 360 Target 2 — 365 Target 3 — 370

Stop loss — 350

Sell Titan Company below 350.5 Target 1 — 348 Target 2 — 343 Target 3 — 339    

Stop loss — 355

 

Intraday Trading Strategy – 4

ONGC

Buy ONGC above 222 Target 1 — 224 Target 2 — 228 Target 3 — 231

Stop loss — 217

Sell ONGC below 216.5 Target 1 — 214 Target 2 — 210 Target 3 — 206    

Stop loss — 221

 

(All Level mentioned are NSE spots)

Intraday Trading Strategy IOC,Tata Motors,HCL Technologies

Posted on by Hiren Kamani

Intraday Trading Strategy – 1

IOC

Buy IOC above 411 Target 1 — 414 Target 2 — 419 Target 3 — 424

Stop loss — 405.5

Sell IOC below 404.5 Target 1 — 401 Target 2 — 394 Target 3 — 392    

Stop loss — 409.5

 

Intraday Trading Strategy – 2

HCL Technologies

Buy HCL Technologies above 840 Target 1 — 845 Target 2 — 854 Target 3 — 860

Stop loss — 835

Sell HCL Technologies below 832 Target 1 — 827 Target 2 — 821 Target 3 — 814    

Stop loss — 840

 

Intraday Trading Strategy – 2

Tata Motors

Buy Tata Motors above 343.5 Target 1 — 345 Target 2 — 350 Target 3 — 355

Stop loss — 338

Sell Tata Motors below 337 Target 1 — 334 Target 2 — 329 Target 3 — 325    

Stop loss — 341

 

(All Level mentioned are NSE spots)

Meghmani Organics Limited – Long Term Player

Posted on by Hiren Kamani

Meghmani Organics Limited

Gujarat, India to manufacture pigments. High productivity and profitability transformed Gujarat Industries to a joint stock company, under the name of Meghmani Organics Limited, by 1995. Since then Meghmani Organics Limited has diversified its business interests to include a range of pesticides and other pigment products as well.

Today, Meghmani Organics Limited is a leading manufacturer of pigment and pesticide products in the country and is the recipient of several prestigious awards in recognition of its outstanding business performance.

Sound fundamentals, outstanding export performance, strong presence in the domestic market and a focused management team has seen Meghmani Organics Limited grow at a compounded annual growth rate (CAGR) of 17% and profits 10% over the past 3 years

The Rs 6000 million Rupees Meghmani Organics Limited is:

  • One of the largest producers of pigment blue in the world
  • One of the leading producers of pigment green
  • One of the largest producers of pesticides in India

More than 80% of Meghmani Organics Limited pigment products and over 50% of Meghmani Organics Limited pesticides products are exported the world over. Meghmani Organics Limited have four multifunctional production facilities in Gujarat (India) of which three are ISO 9001-2000. Meghmani Organics Limited production facilities are strategically located with high accessibility and close proximity to source of raw material.

Recommended Price:25.00

Current Price

Book Value:  22.25

Stock P/E: 33.33

Face value: 1

52 Week High/Low:  27.40 / 14.00

Listing: NSE/BSE

one can buy Meghmani Organics Limited for long term