46.40 - 53.30 can be the trade range for US OIL

DJIA - at 23900 , Portfolio Design : Cash reserves /share holding ratio should be 95% : 5%

IPO Cochin ship yard - invest

Good read Courtesy : Mr. Mahendrasingh

Mahendra Singh, Young investor in stock market.

I have chosen these 3 penny stocks along with rationale behind that.

Date: 7/21/17

I invest mostly in small cap and mid cap stocks and a small portion in Penny stocks. Usually I take calculated risk and target for high return stocks. Needless to say choosing smaller stocks demand great deal of research and screening a large number of stocks.

Most likely you want to invest in penny stocks because you believe that penny stocks can give much more return than other mainstream stocks. I can tell thatfinding right penny stocks is much more difficult and probability of a penny stock giving multibagger return is many times less than a small cap or mid cap stock.

Here we go for three penny stocks.

1. RACL Geartech Ltd
2. Nila Infrastructures
3. Sanwaria Agro Oils

RACL Geartech Ltd:

Auto Parts & Equipment

Market Cap.: ₹ 61.77 Cr.

Current Price: ₹ 62.20

Book Value: ₹ 38.46

Stock P/E: 13.85

Listed on BSE

Sales and profit growth:

source: Screener

Quarterly Results:

source: stockaxis

Advantages:

• Fundamentally company is strong
• Technical graph suggest long term and mid term trend are UP though short term graph is not favorable at the moment
• Interest has come down for company
• It has good financial ratios
• it has impressive profit growth and a good sales growth for last 3 years
• Company has come up with impressive set of quarterly numbers

Disadvantage:

1. Long term perspective of auto industries is not bright due to change in regulations and threat of electric vehicles.
2. Promoter's stake has decreased
3. Promoters have pledged 29.48% of their holding

Nila Infrastructures Ltd:

CMP:19.90

Sector: Construction- Real Estate

source: moneycontrol

Quarterly Result:

• Company is fundamentally strong
• It has recently broken out from long term resistance level
• It is getting orders in consistent basis and current order book is healthy
• It has entered into two separate letter of acceptance (LOA) with Gujarat State Road Transport Corporation (GSRTC) for development of bus terminals under public private partnership recently.
• It has recently got order for execution of new slum rehabilitation project (construction of 1540 housing units), which will start in two quarters.

Disadvantage:

• Promoter's stake has decreased

source: Nila Infrastructures gains 7%, enters in two LOA with GSRTC

Execution of new slum rehabilitation proj to start in two quarters: Nila Infra

Sanwaria Agro Oils Ltd:

Sector: Edible Oils & Solvent Extraction

MARKET CAP (RS CR): 657

CMP: 8.93

P/E: 12.58

• Company is focusing on to diversify it’s products and moving from being a commodity player to FMCG food products company.
• Company is planning to aggressively open new stores in Madhya Pradesh and then in Maharastra. This will help it to increase both top line and bottom line.
• Management has an ambitious plan to have a turn over of 5000 Cr in 2 to 3 years which can be translated to a growth of 25 to 30% annually.
• Recently company issued bonus shares. Usually it’s a healthy sign.

EURO INDEX ; wave 3 top seen at 97.90, 85.15-97.90, wave 1- 83.85 - 92.56 wave 2 - 92.56 -85.15

USD Index; 84.59 Key Bottom, can run shorts with occasional profit booking @ 91.95 and 89.27

Nifty : My exit lines as already written: 10800 and 10950.Expect top: 11020-11070

Good read- Courtesy: Mr.Jitesh Dhawan

Jitesh Dhawan, I am seasoned investor & have experience of more than 9 yrs

Answered Jul 16

Buddy you need to research well even before i share few names…remember these are not recommendations to buy or sell, but just expressing my views:-

1. JHS Svendgaard - (from FMCG space) the makers of toothpaste (including Dant Kanti from Patanjali), they supply to all major companies dealing in ayurvedic category
2. CMI Ltd - (from cables space) Speciality cable company is still not in limelight despite getting huge order flows on regular basis..check out their website for more details. You may like to check another company -
3. Ram Ratna wires - (from cables space), they are also strong player which is still not in limelight.
4. Shetron Ltd. - (from packaging space) it’s one company which can turn into big player….already has big clients include titan, glaxo smithline, cadbury etc. (best part is even promoters are increasing stake in it), even at CMP Rs 57–58, it’s a steal
5. Nila Infra ltd - (from Infrastructure space) - it’s one company i track since last week and found it really worthy of investment. (Nila Infrastructures clocks 22% growth in standalone revenues for year ended March 31, 2017), even on 21 June 2017 - Nila Infra bags work order worth Rs 251.6 mn from AMC, in April 2017 - Nila Infrastructure bags projects worth Rs 30 cr from GSRTC..order flows are increasing means future outlook is really strong.
6. Tourism Finance Corp - (from NBFC Space) - No need of introduction of this company (even Rakesh Jhunjhunwala is invested into this). It’s worth to check this one.
7. Archidply Industries - (from Plywood Space) - one of my best bet…this stock is already recommended by many agencies and investors. The stock is still a small cap, so it has long way to go. The story will get unfolded once this small cap gem gets into the eyes of big investors.
8. PI Industries - (From Agri sector) - Amazing company, this is my best bet for investment in this sector. Just check these factors - a) CAGR it has from past years (b) Product lineup (c) new Joint Ventures (d) improving margins (e) already recommended by many analysts with target price of Rs 1200+, so in total very bright future..
9. Time Technoplast - (from plastic space) - No introduction needed, even Ashish kacholia is invested in this counter, and the fact is their Q4 FY17 consolidated net profit rises by 33.5%…composite cylinder is another cue to drive the story..keep a strong watch on this.
10. Pioneer Distilleries - (my latest bet) - All you need to know is, it is a subsidiary of United Spirits Ltd. (USL is the largest spirits company in the world by volume). Just note, it’s a hidden gem and now or later the stock should run due to strong parentage.

Disclosure - I am not a Equity Analyst, the above mentioned stocks are just my views, it’s not buy/sell recommendations. Do your own research before investing.

Bank Nifty

XAUUSD: 1236 Breaks will sell for 1177 (wave5), trade invalid and reversed to buy above 1245 for 1286

XAUUSD; I think wave 4 has been completed at 1244.60. I look at sub 1200 $

Nifty pullback is sharp and I stick to my target of 10800

XAUUSD; I am a firm believer of axis exists between equity and Gold.Simply when the global equities complete wave 5, wave 3 of Gold starts.Spent enough time on when to exit wave 2 of wave3 and placing new orders of wave 3 of wave 3 and their exits.Satisfied on the setup. I am fully convinced after crosschecking price action in weekly / monthly setup.I am closing my analysis on Gold as the setup is complete.

Nifty ; I am looking to exit at 10800 instead of 9965,

XAUUSD; Believe 1205 is wave 3 low and we can see confusing wave 4.Set exits 1177 and buy 1176.75.

XAUUSD : EXITS SET AT 1177

Removed targets of 1201 XAUUSD as I look for lower targets as the axis of DOW/GOLD points further lows.

I prefer to hold stocks for my lifetime that caters the theme charging stations for electric and hybrid vehicles.

BHEL
BEL
NTPC
POWERGRID
IOC
MARUTI
TATA MOTORS

Nifty buy triggered.Like to see 9960 of Nifty and 22065 of DOW

Not bought Nifty which was exited at 9455 as posted earlier.Will buy breakout 9710

GOLD; Yesterdays low 1218.50 indicate the price can go below 1166,I am exiting shorts around 1201 to short again at the pullback

As expected EURUSD fails to cross 1.145, no short trade, will wait for my buying levels written earlier.

CHINA eventually creates an involuntary US/JAPAN/INDIA axis and it could be major obstacle that might hold its ambitions,

Can see the shorts on FX: YUAN - USDCNH - Neckline R; Target .6.34700 cmp: 6.78000

Evolving economic politics.

What wheat has to do with US and Russia.
What Shale oil and divisionary tactics has to do with US and Oil world.
What refugees has to do with Eurozone and US.
What TRUMP has in mind with CHINA and US.????????
Dollar,India,Bond yields ..........
Major world indices are in the final phase of bull market correction( wave 4)
US30 18320 end of wave 3 and running the wave 5 terminating possibly 21700-21850
Bear phase is not too far.Gold price to get past 1600.
Oil might test 31 before firing to 65.

looking at 1166 of Gold and 49.00 of US OIL in next two weeks.

XAUUSD: Guys, interesting to see the PRICE ACTION candle of week one of Feb 2016,WEEKLY CHART