Posts Tagged: stock

L&T Holdings-An Alert For Sebi !

14 March 2014 - 8:20 am
 
REDALERTHow many times has it happened that two stocks-L&T Finance and Just Dial, have been introduced in the FNO segment mid-way through an on-going series? I do not remember many such occasions or even the necessity that excludes introduction of new stocks with a new series-in these cases from April 2014. But it has been done so. The surprising part was that L&T Finance entered the Futures segment with a 3 per cent ulta badla. Implying the cash market price was higher than the futures price. This led many brokers to send out buy calls on the futures, with simultaneous call to sell demat stock into the cash market. This keeps the orginal buy position intact in the futures market but allows the investor to pocket the difference, should cash and futures price reach parity at the end of the March series on 27th.
 
However it is unclear if the insiders new of a possible ensuing corporate announcement…viz a sale by L&T of 5.5 crore shares at a base price of Rs 70 through the OFS window on March 14, 2014 and hence there were enough people who have shorted the Futures market. And viola, the L&T management has possibly rewarded shorts by making the following announcement at 9.30 pm on March 13, 2014.
 
Larsen & Toubro Ltd (“the Seller”) the Promoter of L&T Finance Holdings Ltd (the “Company”) has submitted to BSE a Notice of Offer for Sale up to 5,55,05,755 equity shares of face value of Rs. 10 each, constituting 3.23% of the equity share capital of the Company (Sale Shares) on March 14, 2014 exclusively through the Seller’s broker on the separate window provided by the BSE Limited (BSE) and National Stock Exchange of India Limited (NSE) (the Stock Exchanges). In addition to the Sale Shares, the Seller may also sell up to 2,77,52,878 equity shares of face value Rs. 10 each of the Company in the Sale on March 14, 2014 (the Additional Shares, and together with the Sale Shares, the Shares).The Sale shall take place at the separate window of the Stock Exchanges and shall commence on March 14, 2014 at 9.15 a.m. and shall close on the same day at 3.30 p.m. Indian Standard Time (the Trade Date).
 
Will the Sebi look into the matter and postpone OFS to April 2014, and cancel all contracts made in FNO on March 13, 2014?

Stock Market Rules to Remember in 2014

01 January 2014 - 7:00 am
 

HNY-2014Technical analysis is a windsock, not a crystal ball. It is a skill that improves with experience and study. Always be a student, there is always someone smarter than you!

• “Thou Shall Not Trade Against the Trend.”

• Let volatility work in your favor, not against you.

• Watch what our “Politicos” do, not say.

• Markets tend to regress to the mean over time.

• Emotions can be the enemy of the trader and investor, as fear and greed play an important part of one’s decision making process.

• Portfolios heavy with underperforming stocks rarely outperform the stock market!

• Even the best looking chart can fall apart for no apparent reason. Thus, never fall in love with a position but instead remain vigilant in managing risk and expectations. Use volume as a confirming guidepost.

• When trading, if a stock doesn’t perform as expected within a short time period, either close it out or tighten your stop-loss point. >> Read More

 

India’s insider trading rules have been tightened just over two decades after they were first framed — raising the prospect that the country will soon have its own gallery of rogues who have made oodles of money by trading on information that only they were privy to.

On Tuesday, a committee appointed by market regulator Sebi overhauled insider trading regulations that were framed in 1992 by widening the definition of the term insider trader. For the first time, public servants, judges and immediate relatives of company insiders have been brought within the ambit of the definition.

The committee, headed by former Chief Justice of Kerala and Karnataka High Courts N.K. Sodhi, today came out with a 74-page report that defined terms such as insider trading, connected persons and unpublished price-sensitive information but admitted that it might still be hard to prove the charges. “The initial burden to bring home a charge could be heavy,” the report prophesied. >> Read More

 

The Securities and Exchange Board of India’s revised norms may bring public servants, such as government employees who may have access to price-sensitive information, under the ambit of the insider trading regulations.

A report prepared by the eighteen-member insider trading committee headed by Justice N. K. Sodhi has recommended bringing such individuals under the ambit of the law.

“A new feature of the Proposed Regulations is that of treating public servants and persons holding statutory positions that are reasonably expected to have access to UPSI as connected persons and thereby prohibit them from trading when in possession of UPSI (Unpublished Price Sensitive Information),” said the report.

Examples of such public servants include those involved in formulating policy which could impact a company’s shares. This could include pricing policy for a natural resource or a decision on the cap on foreign investment in a specific sector. They also cover judges presiding over matters which may have an impact on a company’s stock price or

The report has said ‘public servant’ would have the same meaning as given in the Prevention of Corruption Act, 1988. A member of the insider trading committee confirmed that the draft regulations would also cover members of Parliament/state Assemblies as well as ministers.

The Act defines a public servant as ‘any person in the service or pay of the Government or remunerated by the Government by fees or commission for the performance of any public duty.’ >> Read More

 

NF-ICON-ASRThe most important thing you must learn in every market cycle  is where the money is flowing. It is flowing into the companies where the earnings are growing. As long as mutual funds have capital in flows instead of net out flows then they must put new money to work investing in stocks. If you want to make your job as a trader much easier then find where the flow is going. Mutual fund managers can not go to an all cash position they can only move money around. A bear market sinks most stocks because managers have to sell everything to raise money to redeem shares. In an uptrend they have to buy stocks with the incoming money flows. Where does this money go? It goes into the sectors and stocks that are in favor due to increased earnings in a sector and individual stocks that are dominating their sector and changing the world in the process. You want the leaders not the has been. You want the best the market has to offer. Where are consumers dollars flowing into? That is where the money is going. What companies have the best growth prospects? The stock can only grow in price if the underlying company does. Mutual fund managers are the biggest customers in the market when they start buying a stock that increases huge demand and price support.Your job is to follow the big money, shorting in bear markets, going long in bull markets. Following the trend of what is in favor. Do not fight the action, flow with it.Quit having opinions and start being a detective looking for the smart money, the fast money, the big money and where it is going now.

wed-2nd juneLast Close :6369

NF-1112

Above is Daily Chart of Nifty Future ,Yesterday we had Boldly mentioned :Below 6388 level …We see PANIC upto 6332-6314 level.

Yesterday low of 6317 is false ,But it kissed low of 6344 & taken U-turn (Intraday )

sms-3 days

Those Who Bought 6600-6500-6400 PUT on Monday (Yesterday minted TONS of Money )

now what to do101% ,No need to Change levels @ all.

6332————-6314 are Support levels.If breaks and trades below 6314 with volumes and sustains for 15-20 minutes then ?

7DEMA @ 6296 is last Hope.

HURDLE-Suppose Not breaks (Yesterday’s low of 6344 ) level ………….then it will have to cross 6386 level to show power.

Next Target :6412–6420.

6593

Yes ,Now Forget Fundamentals ,Economy ,Growth ,Inflation ,IIP Number ,Corporate Results ,Politics :Just Concentrate on 6593

Three Consecutive close above this level +Weekly close (if happens )…….We see Nonstop Rally upto 7363————7620 

Remember ,As A Trader U have to Make Fortune from stock traded in FO Segment.U can’t mint money by  trading in Cash Segment stocks.

In  FO Segment 90% or more mkt in hand of Fii’s +Company people +Insiders+Blue Channels !From Results to NEWS …Everything is known to few 100-200 people only.

So as A Trader u have to concentrate on Trading levels (Nothing else )

101% More Details ,Intraday levels to our Subscribers 

Updated at 8:24/11th Dec/BARODA/INDIA

The Secret to Trading Success

07 December 2013 - 18:56 pm
 

Secret-ASRThe most important thing you must learn in every market cycle  is where the money is flowing. It is flowing into the companies where the earnings are growing. As long as mutual funds have capital in flows instead of net out flows then they must put new money to work investing in stocks. If you want to make your job as a trader much easier then find where the flow is going. Mutual fund managers can not go to an all cash position they can only move money around. A bear market sinks most stocks because managers have to sell everything to raise money to redeem shares. In an uptrend they have to buy stocks with the incoming money flows. Where does this money go? It goes into the sectors and stocks that are in favor due to increased earnings in a sector and individual stocks that are dominating their sector and changing the world in the process. You want the leaders not the has been. You want the best the market has to offer. Where are consumers dollars flowing into? That is where the money is going. What companies have the best growth prospects? The stock can only grow in price if the underlying company does. Mutual fund managers are the biggest customers in the market when they start buying a stock that increases huge demand and price support.

Your job is to follow the big money, shorting in bear markets, going long in bull markets. Following the trend of what is in favor. Do not fight the action, flow with it.

Quit having opinions and start being a detective looking for the smart money, the fast money, the big money and where it is going now.

 

NF-ICON-ASRThe most important thing you must learn in every market cycle  is where the money is flowing. It is flowing into the companies where the earnings are growing. As long as mutual funds have capital in flows instead of net out flows then they must put new money to work investing in stocks. If you want to make your job as a trader much easier then find where the flow is going. Mutual fund managers can not go to an all cash position they can only move money around. A bear market sinks most stocks because managers have to sell everything to raise money to redeem shares. In an uptrend they have to buy stocks with the incoming money flows. Where does this money go? It goes into the sectors and stocks that are in favor due to increased earnings in a sector and individual stocks that are dominating their sector and changing the world in the process. You want the leaders not the has been. You want the best the market has to offer. Where are consumers dollars flowing into? That is where the money is going. What companies have the best growth prospects? The stock can only grow in price if the underlying company does. Mutual fund managers are the biggest customers in the market when they start buying a stock that increases huge demand and price support.

Your job is to follow the big money, shorting in bear markets, going long in bull markets. Following the trend of what is in favor. Do not fight the action, flow with it.

Quit having opinions and start being a detective looking for the smart money, the fast money, the big money and where it is going now.

TUE-0312Last Close : 6263.75

Yesterday Again ,Boldly written :6240-6256 are Hurdle & Target and above these levels it will kiss 6283-6308 level.

Yesterday it kissed High of 6274 level.

NF-0312

Above is Daily Chart of Nifty Future 

Now SGX Nifty Down by  22 points at 6230 level.

Now -What to expect

sms-3 daysYesterday Intraday our SMS to our Subscribers ,Below 6259 level ,We see PANIC upto 6215-6200 level !!

Today ,Below 6259 level if trades with volumes………Intraday we see PANIC upto 6215-6200 level.

3DEMA @ 6209 ,7DEMA @ 6159 level. (Will act as support )

ALERT-ASR

Tomorrow we can see Unexpected level !

Don’t Panic @ lower levels ,Short Term Trend is UP only.Still Weekly chart looking Weak !

hurdle1

Hurdle at 6283—————-6308 level !Crossover and close will create another round of PANIC Buying.

More Details ,Intraday levels to our Subscribers.

Updated at 7:39/03rd Dec/Baroda/India

Short sellers take aim at Twitter

14 November 2013 - 0:39 am
 

Twitter’s initial public offering last week drew a variety of critics who thought the $46 debut price was a bit rich. Now, early data shows that some short sellers agree, with shares of the social media company already the subject of loan requests.

As of 1:30pm in New York, 4.1m shares had gone out on loan with the fees to borrow reaching as high as 18 per cent, according to Sungard’s Astec Analytics. Loan volume is used as an indicator of short interest in a stock. In a short trade, investors borrow the stock from existing shareholders in a bet that they will be able to buy it back cheaper in the future.

While it is among the day’s most scrutinised stocks, said Tim Smith, executive vice president at Astec, the loan volume and the fees to borrow the stock are not unreasonably high. “It has not reached the massively high levels that it could do,” he said.

Twitter priced 80.5m shares at $26 in its IPO. The stock, having surged over 70 per cent on its first day of trading, is trading up 1.1 per cent in afternoon trading at $42.35.

 

The Tokyo Stock Exchange is considering creating a night market as early as 2015 to allow the spot trading of shares during late hours, possibly between 7:00 p.m. and 11:30 p.m.

The TSE is considering the night market to make itself more convenient for investors by enabling them to buy or sell stocks at night in response to corporate earnings reports and other news breaking in the evening.

The bourse plans to make a final decision on whether to launch the night market, after carefully assessing anticipated demand for the new service among investors.

At present, the TSE has five spot-trading hours per day — between 9:00 a.m. and 11:30 a.m. and between 0:30 p.m. and 3:00 p.m.

The TSE believes that there could be strong demand for the night trading service among many corporate employees and other individual investors amid the growing popularity of online stock transactions.

The night stock market would also allow U.S. and European investors to buy or sell Japanese stocks during daytime hours local time.

 

Twitter shares are getting more expensive.

The messaging platform said this morning that it has raised the price range for its shares from $23 to $25 a share, giving the Silicon Valley company a potential valuation of up to $17bn should the shares price at the top of the range.

The fresh range is up from a ambition of selling shares in the company at between $17 to $20 a share.

The total number of shares that Twitter intends to sell will stay at 70m, with the underwriters still having the option to sell a further 10.5m, the company said in an updated filing with the Securities and Exchange Commission.

Twitter’s initial public offering is the most widely anticipated since Facebook raised $10bn in May 2012. The company is expected to price its shares on Wednesday night and start trading on the New York Stock Exchange on Thursday.

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Technically Yours,
Team ASR,
Baroda, India.