Nifty 17026.45 (-2.91%)
Sensex 57107.15 (-2.87%)
Nifty Bank 36025.5 (-3.58%)
Nifty IT 34606.1 (-1.97%)
Nifty Financial Services 17614.7 (-3.56%)
Adani Ports 717.15 (-5.94%)
Asian Paints 3143.10 (-0.04%)
Axis Bank 661.75 (-2.67%)
B P C L 376.85 (-5.81%)
Bajaj Auto 3334.60 (-1.68%)
Bajaj Finance 6807.05 (-4.47%)
Bajaj Finserv 16682.55 (-3.95%)
Bharti Airtel 738.75 (-3.45%)
Britannia Inds. 3555.30 (-0.51%)
Cipla 966.70 (7.42%)
Coal India 155.90 (-1.67%)
Divis Lab. 4937.80 (2.88%)
Dr Reddys Labs 4750.90 (3.47%)
Eicher Motors 2433.90 (-3.43%)
Grasim Inds 1690.10 (-4.34%)
H D F C 2741.70 (-4.40%)
HCL Technologies 1110.05 (-1.31%)
HDFC Bank 1489.90 (-2.36%)
HDFC Life Insur. 670.65 (-2.64%)
Hero Motocorp 2529.40 (-2.52%)
Hind. Unilever 2335.10 (-0.59%)
Hindalco Inds. 417.00 (-6.72%)
I O C L 120.95 (-3.74%)
ICICI Bank 722.20 (-3.84%)
IndusInd Bank 901.80 (-5.99%)
Infosys 1691.65 (-1.79%)
ITC 224.00 (-3.16%)
JSW Steel 628.65 (-7.67%)
Kotak Mah. Bank 1964.30 (-3.48%)
Larsen & Toubro 1778.15 (-3.88%)
M & M 853.75 (-4.20%)
Maruti Suzuki 7170.50 (-5.31%)
Nestle India 19222.25 (0.23%)
NTPC 128.85 (-4.70%)
O N G C 147.10 (-5.16%)
Power Grid Corpn 202.00 (-1.10%)
Reliance Industr 2412.60 (-3.22%)
SBI Life Insuran 1130.35 (-2.51%)
Shree Cement 25945.80 (-2.72%)
St Bk of India 470.50 (-4.09%)
Sun Pharma.Inds. 767.30 (-1.99%)
Tata Consumer 766.70 (-5.09%)
Tata Motors 460.20 (-6.61%)
Tata Steel 1112.30 (-5.23%)
TCS 3446.85 (0.03%)
Tech Mahindra 1527.40 (-2.05%)
Titan Company 2292.30 (-4.40%)
UltraTech Cem. 7394.75 (-2.81%)
UPL 703.80 (-3.23%)
Wipro 621.45 (-2.40%)

Top swing trading ideas you should not miss.

Top swing trading ideas you should not miss.
by 5paisa Research Team 12/10/2021

Best Swing Trading ideas based on price and volume percentage surge. Vardhman Textiles, Jubilant Foodworks, Bajaj Finserv.

Price and volume are two of the most prominent inputs used by traders across the world while swing trading. When used in isolation, they reveal very little but when used in conjunction, they help us to sort the wheat from the chaff. So, this swing trading system is based on the deadly combination of price and volume percentage surge, which helps us to discover high probability swing-trading candidates.

So, here is the list of stocks that fulfil the criteria of volume and price surge and as a result, they flash in our swing-trading system:

    

  1. Vardhman Textiles: The stock had witnessed a breakout of an ascending triangle pattern with a super-sized candle. Moreover, the breakout was witnessed along with above-average volumes. The volume for the day was greater than its previous trading session. Furthermore, it was greater than 10 and 30-days average volume. Also, the stock’s daily range was greater than its 10-day average range. As a result, the stock met the norms of the swing trading system. In the near term, the stock has the potential to touch the levels of Rs 2200 and Rs 2240 on the upside, while on the downside, the support is seen around levels of Rs 2020.  

  1. Jubilant Foodworks: The stock rose more than 5% on Tuesday. The stock’s daily range was twice its 10-day average range. In addition to this, the volume for the day was greater than its previous trading session and in fact, was the highest since July 23. With price and volume criteria met, this stock looks ripe for a decent up-move from current levels in the coming days. Swing traders can keep this on the radar for an up-move towards the level of Rs 4450, while immediate support is seen around Rs 4180.

  1. Bajaj Finserv: The stock gained nearly 3% on Tuesday. Interestingly, the stock has met the criteria of volume and price surge on Monday. The volumes were higher than its previous trading session and was higher than the 10 and 30-days average volume. In addition to this, the daily range of the stock was greater than its 10-days average range. Considering the strong price movement witnessed in the stock along with volume uptick, swing traders should not miss this stock as it can touch levels of Rs 18,800 in the near to medium term. On the downside, support is seen around Rs 18,000 levels.

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Thomas Cook India and SOTC launch consumer roadshows to capitalize on high travel demand.

Thomas Cook India and SOTC launch consumer roadshows to capitalize on high travel demand.
by 5paisa Research Team 12/10/2021

To ensure customer convenience, the company is holding most of the roadshows on weekends, at the companies’ outlets and a range of easily accessible venues – close to residential areas as well.

With the steady easing of restrictions across states in the country as well as international destinations, vaccine acceptance along with the potential reopening of commercial flights are all proving to be catalysts giving surge to significant travel demand. Also, the upcoming festive season is proving to be a powerful driver of travel desire. 

To capitalize on this high potential travel opportunity, India’s leading integrated travel services company - Thomas Cook India and its group company - SOTC Travel, have launched a series of physical consumer roadshows across key source markets across India.

Thomas Cook & SOTC’s latest survey reveals that over 85% of respondents are keen to holiday between October to December 2021; 77% preferring international travel and 82% domestic. However, the constant flux in entry-exit regulations and health-safety protocols can be challenging.

As per the company’s filing with the exchange, “Thomas Cook and SOTC’s physical consumer roadshows have hence been conceptualized to guide and assist customers through the complexities of travel in this Covid-era. The companies’ experts are stationed at each venue to provide advice and guidance in planning a smooth holiday experience.” 

The company has selected key consumer catchment areas across high potential source markets including metros, mini-metros and Tier 2-3 locations across India. To ensure customer convenience, the company is holding most of the roadshows on weekends, at the companies’ outlets and a range of easily accessible venues – close to residential areas as well.

Set up in 1881, Thomas Cook (India) is the leading integrated travel and travel-related financial services company in the country offering a broad spectrum of services that include foreign exchange, corporate travel, mice, leisure travel, value-added services, visa and passport services. It operates several leading B2C and B2B brands.

As one of the largest travel service provider networks headquartered in the Asia-Pacific region, the group spans 25 countries across five continents.

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Check out mid, large caps with high delivery ratio as long-term investors pull up weight

by 5paisa Research Team 12/10/2021

Stocks move due to activities of two sets of participants in capital markets: traders and investors. While traders are also essentially investors, they are typically short-term momentum investors. In fact, some traders invest for as short a time period as a few minutes or a few hours within a single trading session or day.

A stock could be a trader’s favourite because of price volatility providing an opportunity to take advantage of sharp ups and downs, but it could also offer a meaningful opportunity to long-term investors to put some of their money.

However, one filter that some long-term investors use to decide on new stock picks is where the delivery ratio of stocks is high.

The delivery ratio represents the proportion of shares that have changed hands for good and not just for intra-day trading. Stocks with high delivery means that people took positions in those stocks at least for a few days or possibly even for months or years.

We scanned through the data to pick stocks with higher delivery ratios over the past week compared to the monthly average.

The exercise sprung out names of as many as 16 large cap stocks. These are ITC, Grasim, Zomato, L&T Infotech, Indus Towers, Godrej Properties, United Spirits, Jubilant Foodworks, HAL, United Breweries, Biocon, Concor, Ipca Labs, Zee Entertainment, Oil India and Happiest Minds.

IT firm Happiest Minds was an outlier with 100% delivery ratio as against the monthly average of around 62%. This shows the stock is now fairly on the long-term investors’ radar and punter activity in the counter is negligible.

Aditya Vikram Birla flagship Grasim is not too far behind with the delivery ratio crossing the 80% mark from 60%.

Among other large cap stocks, only ITC and Zomato saw delivery of about 50% or more after rising from the previous monthly average.

Mid-cap picks with long-term investors

It’s not just the large caps where some counters have seen an increase in delivery ratios. We also checked mid-cap stocks (current market capitalisation in the Rs 5,000-20,000 crore range) that have seen a visible change in delivery ratios above the 50% mark. In this list, we have companies like Alembic, Zydus, Godrej Agrovet, IIFL Finance, EPL, Jindal Stainless, Orient Electric, Vijaya Diagnostic and Great Eastern Shipping.

Other mid-cap stocks that also saw a rise in the delivery ratio include Polyplex, Chalet Hotels, Gujarat Alkalies, EaseMyTrip parent, Caplin Point, IRB Infrastructure, Tata Investment Corp, Blue Star, Sun Pharma Advanced Research, Rain Industries, NBCC, Mahindra CIE, Welspun India, UCO Bank and Brigade Enterprises.

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Closing Bell: Sensex and Nifty end higher amid a volatile trading session.

Closing Bell: Sensex and Nifty end higher amid a volatile trading session.
by 5paisa Research Team 12/10/2021

A choppy trading session was seen on Tuesday with IT and select Oil and Gas stocks pulling the indices lower.

Domestic equity benchmarks Sensex and Nifty on Tuesday, October 12, 2021, moved within a tight range around the flatline in a choppy session. Still, the benchmark indices closed higher on the fourth consecutive session.

At the closing bell on October 12, the Sensex was up by 148.53 points or 0.25% at 60,284.31, while the Nifty ended up by 46 points or 0.26% at 17,992.00. On the decline-advance, about 1664 shares have advanced, 1483 shares declined, and 115 shares were unchanged.

Losses in IT and selected Oil & Gas shares pulled the indices lower. However, gains in auto and consumer goods shares kept the downside in check. Broader indices witnessed a mixed trading session, with the smallcap gauge going up 0.3% in late morning deals. All eyes were on quarterly earnings reports from India Inc for domestic cues.

On the sectoral front, the BSE Consumer Durables index jumped 2.92%, while auto, FMCG, metal and PSU Bank stocks rose by 1-2%. In the broader markets, BSE midcap and smallcap indices closed in green by rising 0.65% and 0.26%, respectively.

Among the top gainers today were, Titan Company, Bajaj Auto, Bajaj Finserv and SBI, while top losers for the day were HCL Technologies, Tech Mahindra, Ultra Tech Cement, TCS and M&M.

In Tuesday's trading session a hectic activity was witnessed in the PSU banking sector, while stocks from the two-wheeler and consumer durables saw good demand in line with the festive season. 

According to market experts, while we did see a continuation of profit booking in IT stocks, the small and midcap space was buzzing with accumulation across sectors. Also, a late surge in the metal index led by aluminium stocks gave support to the market rally.

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Opening Bell: Here’s what you need to know before the market opens on October 13, 2021.

Opening Bell: Here’s what you need to know before the market opens on October 13, 2021.
by 5paisa Research Team 13/10/2021

Momentum likely to continue on D-Street, Retail inflation eases in September and IMF retained India’s growth at 9.5%. IT stocks would be in limelight as Infosys and few other notable names set to announce their quarterly earnings.

In the last trading session, the fag-end buying helped Indian benchmark indices to extended their winning streak for the fourth straight day on Tuesday. If we go by the early action in the SGX Nifty, it indicates that the markets are likely to pick up from where they had left in the last trading session. Nifty may open around 18,052 up by 48 points. But the question on everyone's mind is, what is helping the cause? The answer, the incoming macro data, which is certainly a cheerful one as retail inflation (CPI) for September eased to 4.35% vs 5.3% MoM. IIP for August came in at 11.9% vs 11.5% MoM, and cheery on the top is that the International Monetary Fund (IMF) report, where they retained India’s growth forecast at 9.5% for the FY 2021-22, while it is a trimmed forecast for the global economy.

Cues from Asian markets: It was a wobbly Wednesday for the Asian markets as Japan’s Nikkei 225 and China’s Shanghai Composite was down by 0.09% and 0.48%, respectively.

Overnight cues from US markets: All the three US stock indices spent a major part of Tuesday’s trading session hovering near the neutral line, but eventually ended the day with meagre losses. As a result, US stocks indices ended in red for the third straight day. The Dow dropped 0.3%, while the S&P 500 and tech-heavy Nasdaq slipped 0.2% and 0.1%, respectively. Going forward, market participants would look forward to the start of earnings season on Wednesday and the near-term movement of the markets would be dictated by their outcome.

Last session summary: After oscillating between positive and negative terrain, key equity benchmarks witnessed a strong rebound from lower levels, which helped in closing the session near the intraday high levels on Tuesday. The Nifty settled just shy of the 18,000 mark, while Sensex closed within striking distance of the 60,300 mark. The broader markets outperformed the frontline indices with Nifty Midcap 100 and Smallcap 100 rising by 0.55% and 0.80%, respectively.

Among sectoral indices, barring Nifty IT all other sectoral indices ended in positive terrain with Nifty PSU Bank advancing more than 3% to emerge as the top gainer.

FII’s and DII’s activity on Tuesday: Yet another day of selling was seen from both the FIIs and DIIs. FIIs were net sellers to the tune of Rs 278.32 crore, while the DIIs were net sellers to the tune of Rs 741.22 crore. 

Important events to watch out for: On the earning front, Infosys, Wipro and Mindtree will be in focus.

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India Vs UK stock market – who rules, who wins? How the tables have turned | 5paisa Research

by 5paisa Research Team 13/10/2021

Indian Equity Market has shown an aggressive growth even after the economy was beaten down by the pandemic. The Indian equity market has soared from its lows of March 2020, edging to beat the UK equity market in terms of market value and cut the chase to be among the top 5 world equity markets.

Image removed.

As per the Bloomberg data of the combined value of companies with a primary listing alone, the Indian equity market value stands at $3.46 trillion, representing a 37% surge this year. While the UK market value stood at $3.59 trillion representing only a 9% surge for the same period of time. These numbers exclude the secondary listings and depositary receipts, which could show a far larger divergence between the two markets.

The boom seen in the Indian Equity Market was led by the higher growth potential of the Indian market, and IPO rush in the tech sector, with ample Indian startup companies going public. The latter has fueled the growth more, giving the developed markets a good competition, as the sentiment towards the Chinese markets seem to turn sour. Indian equity market strikes as a promising domestic stock market from among the developing nations. This potential was realised and backed by a stable and reformist political base.

The failure of the UK market to keep up with its stellar performance and hold its high horse is stained with the uncertainties with the Brexit concerns looming over it.

The BSE index, S&P BSE Sensex, has outperformed the major national benchmarks and surged more than 130% since its March 2020 lows. The investors were handsomely rewarded with ~15% (in dollar terms) annualized RoE over five years which is more than double of U.K.’s benchmark FTSE 100 Index returns that clocked at 6%.

According to Goldman Sachs Group Inc., India will attain the $5 trillion dollar share market capitalization milestone by 2024. The IPOs introduced in the next 2-3 years, alone, would add a whopping $400 billion to the market value.

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