morning thoughts...
The markets continued its journey upwards as said and expected and closed positive for the day.
Technically the markets are still strong and we move into a new series and some reactions are not ruled out.
When you sit to analyse a stock or an industry, there are certain key elements in the external environment that you should not avoid scrutinizing. Government and regulatory bodies are one such factor. A sector may have great growth potential. But one whip from the government can sometimes debilitate the future business prospects.
Take the e-commerce industry in India. It's still in a very nascent stage and has immense growth potential. Foreign investors have been pumping in large amounts of money in online portals such as Flipkart, Amazon India, Snapdeal.
Now here is a piece of news that we came across. It seems that Amazon has flagged a regulatory risk pertaining to its Indian operations in its standard quarterly regulatory filing with the US stock market regulator. Did you know India has a ban on FDI in direct online retail? How is it then, you may wonder, that the large online portals are thriving on foreign funding? Here is the twist. Apparently, the e-commerce sites have created complicated structures to escape the regulatory whip. On paper, these companies show that they operate purely as online marketplaces that connect buyers and third party sellers. But regulators may not be easily convinced.
Flipkart is already being probed for likely violation of the FDI norm. Amazon India too is facing the wrath of the tax department in Karnataka. So while the e-commerce sector has solid growth prospects, the ride may be a bit bumpy in the interim.
Coming to the commodity markets bullions will trade volatile , base metals and energy will remain weak and give oppurtunity to buy on dips.
Huge astrological change takes place which will bring huge move and deception in equity and commodity markets.
www.astroeyes.blogspot.in
Yesterday's calls sent
Silver Mcx - sell at cmp 37650 sl 37890 targets 36800 - booked profits at 36880
Crude Mcx - sell at cmp 5077 sl 5105 targets 4970 - booked profits at 4985
Copper Mcx - sell at cmp 419 sl 421 targets 414 - booked profits at 415
Nifty - buy at cmp 8095 sl 8077 targets 8150 - went 8172
Jackpot Option Maruti 3200 ca - buy at cmp 25 sl 15 targets 75 - went 91
Double bumper Hcl tech 1500 ca - buy at cmp 37 sl 28 targets 70 - went 82.55
Double bumper Tech mahindra 2500 ca - buy at cmp 6 sl 3 targets 15 - went 20
Sesa sterlite 250 ca - buy at cmp 3 sl 1.50 targets 6 - hit sl
Jackpot Century textiles - buy at cmp 529 sl 507 targets 565 - went 563.80
Fii Srf - buy at cmp 807 sl 780 targets 900 - went 922
Yes bank - buy at cmp 645 sl 637 targets 660 - went 664.70
Dlf - sell at cmp 116 sl 118 targets 110 - hit sl
Idfc - sell at cmp 147 sl 148 targets 141 - hit sl
The markets continued its journey upwards as said and expected and closed positive for the day.
Technically the markets are still strong and we move into a new series and some reactions are not ruled out.
When you sit to analyse a stock or an industry, there are certain key elements in the external environment that you should not avoid scrutinizing. Government and regulatory bodies are one such factor. A sector may have great growth potential. But one whip from the government can sometimes debilitate the future business prospects.
Take the e-commerce industry in India. It's still in a very nascent stage and has immense growth potential. Foreign investors have been pumping in large amounts of money in online portals such as Flipkart, Amazon India, Snapdeal.
Now here is a piece of news that we came across. It seems that Amazon has flagged a regulatory risk pertaining to its Indian operations in its standard quarterly regulatory filing with the US stock market regulator. Did you know India has a ban on FDI in direct online retail? How is it then, you may wonder, that the large online portals are thriving on foreign funding? Here is the twist. Apparently, the e-commerce sites have created complicated structures to escape the regulatory whip. On paper, these companies show that they operate purely as online marketplaces that connect buyers and third party sellers. But regulators may not be easily convinced.
Flipkart is already being probed for likely violation of the FDI norm. Amazon India too is facing the wrath of the tax department in Karnataka. So while the e-commerce sector has solid growth prospects, the ride may be a bit bumpy in the interim.
Coming to the commodity markets bullions will trade volatile , base metals and energy will remain weak and give oppurtunity to buy on dips.
Huge astrological change takes place which will bring huge move and deception in equity and commodity markets.
www.astroeyes.blogspot.in
Yesterday's calls sent
Silver Mcx - sell at cmp 37650 sl 37890 targets 36800 - booked profits at 36880
Crude Mcx - sell at cmp 5077 sl 5105 targets 4970 - booked profits at 4985
Copper Mcx - sell at cmp 419 sl 421 targets 414 - booked profits at 415
Nifty - buy at cmp 8095 sl 8077 targets 8150 - went 8172
Jackpot Option Maruti 3200 ca - buy at cmp 25 sl 15 targets 75 - went 91
Double bumper Hcl tech 1500 ca - buy at cmp 37 sl 28 targets 70 - went 82.55
Double bumper Tech mahindra 2500 ca - buy at cmp 6 sl 3 targets 15 - went 20
Sesa sterlite 250 ca - buy at cmp 3 sl 1.50 targets 6 - hit sl
Jackpot Century textiles - buy at cmp 529 sl 507 targets 565 - went 563.80
Fii Srf - buy at cmp 807 sl 780 targets 900 - went 922
Yes bank - buy at cmp 645 sl 637 targets 660 - went 664.70
Dlf - sell at cmp 116 sl 118 targets 110 - hit sl
Idfc - sell at cmp 147 sl 148 targets 141 - hit sl
