#Siemens Q2
Rev up 32% at Rs 3484 cr vs Rs Rs 2640 cr (Est 3170)
EBITDA up 107% at Rs 459 cr vs Rs 222 cr (Est 350)
EBITDA margins at 13.2% vs 8.4% (Est 11%)
Net profit up 90% at Rs 334 cr vs Rs 176 cr (Est 261)
Order inflows for March Q: Rs 3309 cr (Est 3100 cr)
@CNBC_Awaaz
Rev up 32% at Rs 3484 cr vs Rs Rs 2640 cr (Est 3170)
EBITDA up 107% at Rs 459 cr vs Rs 222 cr (Est 350)
EBITDA margins at 13.2% vs 8.4% (Est 11%)
Net profit up 90% at Rs 334 cr vs Rs 176 cr (Est 261)
Order inflows for March Q: Rs 3309 cr (Est 3100 cr)
@CNBC_Awaaz
NMDC increases prices
🔥Lumps +700/tn
🔥Fines +1500/tn
Key reasons
👉Surge in global Iron ore Prices
👉Prices hikes announced in Odisha
From Feb 2021
🚀Lumps +50%
🚀Fines +56%
#StockMarket #NMDC #metals #ironore
🔥Lumps +700/tn
🔥Fines +1500/tn
Key reasons
👉Surge in global Iron ore Prices
👉Prices hikes announced in Odisha
From Feb 2021
🚀Lumps +50%
🚀Fines +56%
#StockMarket #NMDC #metals #ironore
*CALCULUS DERIVATIVES CORNER*
8 AM.
*Market Summary*:
• Nifty May Futures ended Tuesday’s session at a premium of +24 vs premium of +50.
• The 12th May expiry Put-Call Open Interest Ratio was at 0.95 for Nifty whereas it was 0.85 for Bank Nifty.
• The 12th May expiry Put-Call Volume Ratio was at 0.93 for the Nifty and 0.93 for Bank Nifty.
• For Nifty, Maximum Call Open Interest (OI) stands at 15000 Strike Price, followed by 15100 Strike Price for 12th May Series. Short buildup was seen at strike prices 14800-15100.
• Maximum Put Open Interest (OI) was seen at strike price 14800 followed by 14500 strike prices for 12th May series. Short covering was seen at strike prices 14900-15200.
• For Bank Nifty, Maximum Call Open Interest (OI) stands at 33500 Strike Price and Maximum Put Open Interest stands at 32000 Strike Price.
• As per Tuesday’s Provisional Data available on the NSE, FIIs sold shares worth Rs. 336 crores in the Indian Equity Market. DIIs too sold shares worth Rs. 676.67 crores in the Indian Equity market.
• Long Buildup: BHEL, BEL, SUNPHARMA, POWERGRID.
• Short Buildup: JINDALSTEL, HDFCLIFE, RAMCOCEM, HDFC, INFY.
• Short Covering: BPCL, GRASIM, BIOCON, AUBANK.
• Long Unwinding: NALCO, AUROPHARMA, MINDTREE, TECHM.
• Stocks banned in F&O segment: CANBK, NATIONALUM, PNB, SUNTV.
• New in Ban: CANBK.
• Out of Ban:NIL.
8 AM.
*Market Summary*:
• Nifty May Futures ended Tuesday’s session at a premium of +24 vs premium of +50.
• The 12th May expiry Put-Call Open Interest Ratio was at 0.95 for Nifty whereas it was 0.85 for Bank Nifty.
• The 12th May expiry Put-Call Volume Ratio was at 0.93 for the Nifty and 0.93 for Bank Nifty.
• For Nifty, Maximum Call Open Interest (OI) stands at 15000 Strike Price, followed by 15100 Strike Price for 12th May Series. Short buildup was seen at strike prices 14800-15100.
• Maximum Put Open Interest (OI) was seen at strike price 14800 followed by 14500 strike prices for 12th May series. Short covering was seen at strike prices 14900-15200.
• For Bank Nifty, Maximum Call Open Interest (OI) stands at 33500 Strike Price and Maximum Put Open Interest stands at 32000 Strike Price.
• As per Tuesday’s Provisional Data available on the NSE, FIIs sold shares worth Rs. 336 crores in the Indian Equity Market. DIIs too sold shares worth Rs. 676.67 crores in the Indian Equity market.
• Long Buildup: BHEL, BEL, SUNPHARMA, POWERGRID.
• Short Buildup: JINDALSTEL, HDFCLIFE, RAMCOCEM, HDFC, INFY.
• Short Covering: BPCL, GRASIM, BIOCON, AUBANK.
• Long Unwinding: NALCO, AUROPHARMA, MINDTREE, TECHM.
• Stocks banned in F&O segment: CANBK, NATIONALUM, PNB, SUNTV.
• New in Ban: CANBK.
• Out of Ban:NIL.
*Good Morning & Welcome to Wednesday’s trading action at Dalal Street dated 12th of May 2021.*
Overnight, Wall Street witnesses another nasty day as the Dow Jones suffered a much worse fate, slumping 1.4% to 34,269 on backdrop of weakness in energy stocks.
However, the good news this Wednesday morning is that SGX Nifty is seen flirting with the dotted lines.
*The big question of the day!*
• Will bargain hunters swoop in at Dalal Street?
• Will bulls make a push into positive territory??
*The buy-the-dip trade should prevail.*
*Technically speaking, the make-or-break support on Nifty seen at 14727 mark. Confirmation of strength only above Nifty 15000*
*7 AM GLOBAL UPDATE:*
• SGX Nifty (-19, 14831)
• DOW (-474, 34269)
• NASDAQ (-12, 13389)
• BRAZIL BOVESPA (+1055, 122964)
• NIKKEI (-205, 28403)
• Hang Seng (+60, 28074)
Instrument CMP Bias
OIL $65.49 a barrel Positive
GOLD $1832 Positive
Silver 27.55 Positive
USD/INR 73.35 Neutral
*INSTITUTIONS:*
• FII: -336 Cr
• DII: -676.67 Cr
*THEME OF THE DAY:*
• Global: Negative.
• FII: Negative (-336 Cr)
• DII: Negative (-676.67 Cr)
• F&O: 14500-15000 zone
• Trend: Consolidation
• Sentiment: Precarious
• Technicals: Nifty’s biggest support at 14727
• Theme: Waterfall of selling below Nifty 14727.
*All ABOUT NIFTY & BANK NIFTY’ CRUCIAL LEVELS*
NIFTY (CMP 14851):
• SUPPORT: 14727/14416
• RESISTANCE: 14097/15057
• RANGE: 14727-14957
• BIAS: Neutral.
BANK NIFTY (CMP 32872):
• SUPPORT: 31901/29393
• RESISTANCE: 34251/35107
• RANGE: 31901-33501
• BIAS: Negative.
*THEME OF THE DAY:*
The boat in the storm.
Wall Street was again in the red on Tuesday. The 10-year makes a move with the yield moving above 1.6%. Dalal Street’s smooth sailing too has entered choppy waters. Blame it to:
1. Inflation concerns.
2. The street is still immersed in the coronavirus situation of the country.
• Our *call of the day* suggests that a perfect storm will be created if Nifty slips below its biggest make-or-break support at 14721 mark.
• The options data for May Series suggests Nifty is likely to be in a broader trading range of 14500-15000 as maximum Call OI is at 15000 followed by 15500 strike price. Maximum Put open interest stands at 14000 levels followed by 14500 levels. Call writing was seen at 14800 and then at 14900 strike price, while there was meaningful Put writing at 14800 and then at 14400 strike prices.
• As per Tuesday’s provisional data available on the NSE, both the FIIs and DIIs camp sold shares worth Rs. 336 crores and 676.67 crores in the Indian Equity Market.
• *Q4 earnings to trickle in today:* Asian Paints, Lupin, UPL, Apollo Tyres, Tata Power, Birla Corporation, Borosil Renewables, Happiest Minds Technologies, Jindal Steel & Power, Pidilite Industries, Prince Pipes and Fittings, Saregama India, Sonata Software, UPL.
• Siemens reported sharply higher consolidated profit at Rs 334.4 crore in Q2FY21 against Rs 175.7 crore in Q2FY20; revenue increased to Rs 3,483.7 crore from Rs 2,640.2 crore YoY. *Technically, SIEMENS appears to be a screaming buy with an inter-month perspective.*
• Our *chart of the day* is bullish on stocks like POWERGRID, DR REDDYS LAB and SIEMENS with an interweek perspective while metal stocks like JSW STEEL could slip amidst profit booking. INDIGO should also witness corrective declines.
• *Stock banned in F&O segment:* CANARA BANK, NALCO, PUNJAB NATIONAL BANK AND SUN TV NETWORK.
*Disclaimer:* Our subscribers/clients may have positions in the stocks recommended in this note. Please note that the actual subscribers may receive additional information in real time not available to the viewers of this note. This does not construe to be an investment advice. Stock market investments are subject to market risks. No content on this blog should be construed to be investment advice. You should consult a qualified financial advisor prior to making any actual investment or trading decisions. All information is a point of view, and is for educational and informational use only.
Overnight, Wall Street witnesses another nasty day as the Dow Jones suffered a much worse fate, slumping 1.4% to 34,269 on backdrop of weakness in energy stocks.
However, the good news this Wednesday morning is that SGX Nifty is seen flirting with the dotted lines.
*The big question of the day!*
• Will bargain hunters swoop in at Dalal Street?
• Will bulls make a push into positive territory??
*The buy-the-dip trade should prevail.*
*Technically speaking, the make-or-break support on Nifty seen at 14727 mark. Confirmation of strength only above Nifty 15000*
*7 AM GLOBAL UPDATE:*
• SGX Nifty (-19, 14831)
• DOW (-474, 34269)
• NASDAQ (-12, 13389)
• BRAZIL BOVESPA (+1055, 122964)
• NIKKEI (-205, 28403)
• Hang Seng (+60, 28074)
Instrument CMP Bias
OIL $65.49 a barrel Positive
GOLD $1832 Positive
Silver 27.55 Positive
USD/INR 73.35 Neutral
*INSTITUTIONS:*
• FII: -336 Cr
• DII: -676.67 Cr
*THEME OF THE DAY:*
• Global: Negative.
• FII: Negative (-336 Cr)
• DII: Negative (-676.67 Cr)
• F&O: 14500-15000 zone
• Trend: Consolidation
• Sentiment: Precarious
• Technicals: Nifty’s biggest support at 14727
• Theme: Waterfall of selling below Nifty 14727.
*All ABOUT NIFTY & BANK NIFTY’ CRUCIAL LEVELS*
NIFTY (CMP 14851):
• SUPPORT: 14727/14416
• RESISTANCE: 14097/15057
• RANGE: 14727-14957
• BIAS: Neutral.
BANK NIFTY (CMP 32872):
• SUPPORT: 31901/29393
• RESISTANCE: 34251/35107
• RANGE: 31901-33501
• BIAS: Negative.
*THEME OF THE DAY:*
The boat in the storm.
Wall Street was again in the red on Tuesday. The 10-year makes a move with the yield moving above 1.6%. Dalal Street’s smooth sailing too has entered choppy waters. Blame it to:
1. Inflation concerns.
2. The street is still immersed in the coronavirus situation of the country.
• Our *call of the day* suggests that a perfect storm will be created if Nifty slips below its biggest make-or-break support at 14721 mark.
• The options data for May Series suggests Nifty is likely to be in a broader trading range of 14500-15000 as maximum Call OI is at 15000 followed by 15500 strike price. Maximum Put open interest stands at 14000 levels followed by 14500 levels. Call writing was seen at 14800 and then at 14900 strike price, while there was meaningful Put writing at 14800 and then at 14400 strike prices.
• As per Tuesday’s provisional data available on the NSE, both the FIIs and DIIs camp sold shares worth Rs. 336 crores and 676.67 crores in the Indian Equity Market.
• *Q4 earnings to trickle in today:* Asian Paints, Lupin, UPL, Apollo Tyres, Tata Power, Birla Corporation, Borosil Renewables, Happiest Minds Technologies, Jindal Steel & Power, Pidilite Industries, Prince Pipes and Fittings, Saregama India, Sonata Software, UPL.
• Siemens reported sharply higher consolidated profit at Rs 334.4 crore in Q2FY21 against Rs 175.7 crore in Q2FY20; revenue increased to Rs 3,483.7 crore from Rs 2,640.2 crore YoY. *Technically, SIEMENS appears to be a screaming buy with an inter-month perspective.*
• Our *chart of the day* is bullish on stocks like POWERGRID, DR REDDYS LAB and SIEMENS with an interweek perspective while metal stocks like JSW STEEL could slip amidst profit booking. INDIGO should also witness corrective declines.
• *Stock banned in F&O segment:* CANARA BANK, NALCO, PUNJAB NATIONAL BANK AND SUN TV NETWORK.
*Disclaimer:* Our subscribers/clients may have positions in the stocks recommended in this note. Please note that the actual subscribers may receive additional information in real time not available to the viewers of this note. This does not construe to be an investment advice. Stock market investments are subject to market risks. No content on this blog should be construed to be investment advice. You should consult a qualified financial advisor prior to making any actual investment or trading decisions. All information is a point of view, and is for educational and informational use only.
The author accepts no liability for any interpretation of articles or comments on this blog being used for actual investments. While we may talk about strategies or positions in the market, our intent is solely to showcase effective risk-management in dealing with financial instruments. This is purely an information service and any trading done on the basis of this information is at your own, sole risk.