NSE India

Jubilant Foodworks: caution!

Company profile: Jubilant Foodworks owns and operates fast food chains. The Company offers donuts, baked goods, coffee, bagels, muffin, fruit milkshakes, smoothies, tea, sandwiches, pizza, and beverages. Jubilant Foodworks serves its products to customers throughout India.

Dena Bank: correction in down trend

Company profile: Dena Bank Ltd. operates banks throughout India. The Banks provides a full range of services, including merchant banking and depository services.

Sintex Industries: minor correction expected

Company profile: Sintex Industries Limited is a diversified manufacturing and engineering company. The Group, through its numerous divisions, manufactures a variety of textile products, plastics containers, and organic chemicals.

Hathway C&D: new down trend

Company profile: Hathway Cable and Datacom is a cable television service provider. The Company offers analog and digital cable television services. Hathway also provides cable broadband services as well.

Bajaj Auto: heading to support

Company profile: Bajaj Auto Limited manufactures and distributes motorized two-wheeled and three-wheeled scooters, motorcycles and mopeds.

IDBI Bank: decent chances

Company profile: IDBI Bank provides a range of banking and financial services. The Bank’s services include fund-based operations, such as venture capital and fee-based activities, which include merchant banking and debenture trusteeship. 

NSE Nifty Weekly Outlook

Profile: The S&P CNX Nifty, a free float market capitalization index, is the leading index for large companies on the National Stock Exchange of India. It consists of 50 companies representing 24 sectors of the economy. The base level is defined as 1000 on November 3, 1995. In January 2005, its level was almost 2000.

Asia

Wilmar Int. (SG): potential trend reversal

Company profile: Wilmar International Ltd. is an agribusiness company. The Company is involved in oil palm cultivation, edible oils refining, oilseeds crushing, consumer pack edible oils processing and merchandising, specialty fats, oleochemicals and biodiesel manufacturing, and grains processing and merchandising. Wilmar also manufactures and distributes fertilizers and owns a fleet of vessels.

Spread: Topix-17 Energy Resources (JP)

Profile: Topix-17 Energy Resources vs Topix Large 70, medium term outlook.

Topix Large 70 Index (JP): negative…

Profile: 70 Most liquid stocks of the Tokyo Stock Price Index. 

China Coal Energy (HK): decent recovery

Company profile: China Coal Energy Company Ltd mines and markets thermal coal and coking coal. The Company also manufactures coal mining equipment and offers coal mine design services.

Panasonic (JP): correction in uptrend

Company profile: Panasonic Corp (6752) manufactures electric and electronic products. The Company produces home appliances, audio & video, computer peripherals, telecommunications, industrial equipment, and electronic parts. Panasonic has associated companies around the world.

Spread TP17- Electrical Appliances

Profile: Spread Topix-17 Electrical Appliances vs Topix Large 70

Hengan International (HK): large correction expected

Company profile: Hengan International Group (HK:1044) through its subsidiaries, manufactures and sells personal hygiene products such as sanitary napkins and disposable baby diapers in China. The Company’s products are sold under the Anerle brand name.  

Europe, North America & Other

Silver spot update

Profile: Silver (spot), medium term outlook.   

DJ-UBS Aluminium sub-index

Profile: Dow Jones-UBS Aluminium sub-index, medium term outlook.

DJ-UBS Nickel sub-index

Profile: The Dow Jones-UBS Commodity Index℠ (DJ-UBSCI℠) is a broadly diversified index that allows investors to track commodity futures through a single, simple measure. As the index has grown in popularity since its introduction in 1998, additional versions and a full complement of subindexes have been introduced. Together, the family offers investors a comprehensive set of tools […]

Int. Consolidated Airlines Group (GB): sell rallies

Company profile: International Consolidated Airlines Group (IAG) provides international and domestic air passenger and cargo transportation services. The Company and its subsidiaries serve Europe, the Americas, Africa, Asia, Australia and the Middle East.

DAX Index (DE): pending trend reversal

Profile: German Xerta DAX Index, medium term outlook.

GKN (GB): pending trend reversal

Company profile: GKN produces automotive components and aerospace vehicles, and supplies a variety of industrial services. The Company manufactures and provides driveline systems, vehicle chassis assemblies, sub-assemblies and power take-off shafts, in addition to aircraft transmissions and helicopters.

CarMax (US): sell…

Company profile: CarMax (KMX) sells at retail used cars and light trucks. The Company purchases, reconditions, and sells used vehicles in its superstores and franchises throughout the United States.

Closed Trade Ideas

Trade Idea: USD/JPY

Profile: US Dollar vs Japanese Yen Summary: Daily – sell

Trade Idea: GS Engineering & Construction (KR)

Company profile: GS Engineering & Construction (KR:006360) contracts civil engineering and architectural works, residential and commercial building constructions, and plant installations. The Company also builds educational, leisure, distribution, and environmental facilities. Summary: weekly – buy

Trade Idea: Value Partners Group (HK)

Company profile: Value Partners Group (HK:806) is an independent, value oriented asset management group with a focus on China and the Asia-Pacific region. The Company’s investor base include institutions, corporations, statutory authorities, university endowment funds, charitable foundations, high net worth individuals, and retail investors. Summary: weekly – sell

Trade Idea: Aditya Birla Nuvo (IN)

Company profile: Aditya Birla Nuvo Limited is a holding company operating in a range of industries. The Company operates in the financial sector specializing in life insurance asset management, private equity, and insurance brokering. Aditya also manufactures and retails apparel and fabrics and produce fertilizers. Summary: daily – sell

Trade Idea: Cameco Corp (CA)

Company profile: Cameco Corporation (Canada) explores for, develops, mines, refines, converts, and fabricates uranium for sale as fuel for generating electricity in nuclear power reactors in Canada and other countries. The Company also operates the Bruce B nuclear reactors in Ontario, as well as through a subsidiary, explores for, develops, mines, and sells gold. Summary: weekly […]

Trade Idea: Credit Suisse (CH)

Company profile: Credit Suisse Group AG is an international financial services group. The Group provides investment banking, private banking, and asset management services to customers located around the world. Summary: weekly – sell

Trade Idea: USD/JPY

Profile: US Dollar vs Japanese Yen Summary: Daily – sell

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