Smart - 3 March 2019 PDF

Only Financial Weekly Published in
English & Gujarati Language
Editor : Dilip K. Shah
ARCHI PUBLICATIONS
311 to 313, Nalanda Enclave, Pritamnagar 1st Dhal, Ellisbridge, Ahmedabad-6. GUJARAT, INDIA
Phone : 079 - 2657 66 39

Fax : 079 - 2657 99 96
E-mail :
smartinvest25@gmail.com
smartinvest25@yahoo.in
web : www.smartinvestment.in
Hard Copy is available on Every Sunday Morning at your nearest book-stall
City Agent’s Name Mobile No. Landline No.
Ahmedabad Pocket Book Centre 098240 776680 079-25508732
Vinod Agency 098254 84098 079-25510104
Mohsin Mansuri 098250 35928 079 - 25350794
Anand Mistry News Agency 098251 73432 02692 - 251032
Akola Vishnu Book Seller 072424 39444
Baroda Shreenath News paper 098982 40228 0265-2413049
Baroda A.G. Vora & Co. 098240 95716 0265-2323248
Bhavnagar Prem News Agency 094289 90615
Suchdev Agency 099040 72336
Bharuch Falgun News Agency 098792 37236
Gandhidham A.H. Pandya 098252 37212 02836-220212
Jodhpur Sarvoday Book Stall 0291-26533734
Jamnagar Mahesh Agency 098982 85979
Mehsana Mens Paper Agents 098256 36988 27621236007
Mumbai Varavadkar & Co. 093231 29040
Navsari Jaydeep News Agency 098983 59235
PUNE Sandesh AGency 020-66021340
Rajkot Thakkar News Aghency 099241 33518 0281-2233518
Surat Surat Book Centre 0 98790 44220 0261-2431158
Solapur Aparna Agency 094220 65825
Surendranagar M. B. Shah 098982 18921
Udaipur Kailash Book Center 098291 36695 0294-2561145
VAPI Om News Agency 099242 84109
Valsad Paresh News Agency 091733 59444
More detail about Subscription

http://www.smartinvestment.in/subscribe.php?typ=subscribe
Warning :- Your soft Copy (E-mail Edition) is for your exclusive use only. Any attempt to share your copy or
forwarding your copy to a non-subscriber will disqualify your membership & we will be compelled to stop your
supply and forfeit your subscription thereafter without any refund to you.
:: Shree Ganeshay Namh ::
Only Financial Weekly Published in English & Gujarati Page
52
GAMC No. :1703/2018-20. Issued by SSP Ahd. Valid up to 31-12-2020

VOL : 12 • Issue No: 3 RNI No : GUJENG / 2008 / 24320 3rd March 2019 to 9th March 2019
FII Activity (Rs. in Cr.)

Date Buy Value Sell Value Net Value
25-02-19 7076.26 4941.91 2134.35
26-02-19 6529.61 4855.44 1674.17
27-02-19 5053.89 4630.85 423.04
28-02-19 12892.93 9682.33 3210.6
01-03-19 9442.25 9243.87 198.38
TOTAL 40994.94 33354.4 7640.54
DII Activity (Rs. in Cr.)
Date Buy Value Sell Value Net Value
25-02-19 3363.37 5109.77 -1746.4
26-02-19 3525.23 4245.5 -720.27
27-02-19 3795.57 3728.76 66.81
28-02-19 5374.99 10615.61 -5240.62
01-03-19 3650.67 3533.62 117.05
total 19709.83 27233.26 -7523.43
Most Popular Webstie for the Stock Market Investors

www.smartinvestment.in
Caution: Please note that your copy/access to our website is for your exclusive use only. Any attempt to share your
access to our website or forwarding your copy to a non-subscriber will disqualify your membership and we will be
compelled to stop your supply and forfeit your subscription thereafter without any refund to you.
Please send your Subscription as early as possible if you want to read or download these
52 pages E-mail Edition of Smart Investment (Financial Weekly)
Click on our previous Edition of Smart Investment for Free Sample (Demonstration)
For More Detail E-mail to: smartinvest25@gmail.com
Financial Weekly
SMART 3rd March to 9th March 2019 4

INVESTMENT
Rapid Fire Stocks
- Kalpna J (Email- Kjtech79@gmail.com)
(Ring : 97690 37711) Twitter : @Kj_TechTrades
Performance of Last Week Rapid Fire Stocks

Balkrishna Ind 854 to 905, Raymond 728 to 792
The Ramco Cements (Rs. 687)

TARGETS OF 890-995,
TIME FRAME - 6 TO 18 MONTHS , SL-623
Strong Beneficiary of Govt policies for Road Construction, Affordable Housing and Redevelop-
ment Projects
Strong balance sheet, low debt, and optimize operating capacity
Management focus is to increase market share which would give a strong growth in the com-
pany
Ramco is a top pick in the cement sector as channel checks indicate demand pick-up In Tamil
Nadu and volume growth is expected to improve in the next 12-18 months.
The Ramco Cements Ltd, formerly known as Madras Cements manufactures cement, ready-
mix concrete and dry mortar products. The company has a strong balance sheet, low debt, and
optimize operating capacity and management focus is to increase market share which would give
a strong growth in the company.
Product Mix of Ramco Cement
1) Cement : World over Ramco Cements Super Grade is preferred due to its ability to produce a
durable concrete where the life of a concrete structure is given more importance. Ramco Cements
Super Grade produces less heat of hydration and offers greater resistance to the attack of aggres-
sive waters than normal Portland Cement. Moreover, it reduces the leaching of calcium hydroxide
Cont...
Financial Weekly

INVESTMENT
liberated during the setting and hydration of cement.
2) Ramco Concrete :- For Structural Concrete Applications: High performance Concrete based
on customers requirements is made in the RMC unit. Concrete with various permutations based on
concrete grades, workability and site conditions are available
3) Dry Mix Range of Products – For Non Structural Applications: Ramco Dry Mix Division
manufactures pre mixed dry mortars viz. plasters, wall putty and tile adhesive. These premixed dry
mortars are manufactured under controlled conditions of selection and blending to suit specific
application needs and has numerous advantages over jobsite mixes
4) MACE support :- MACE,an acronym for Masons, Architects, Contractors and Engineers is
the customer face of Ramco cements.MACE not only provides engineering solution for huge
projects,is also provides after-sales support services to Individual Home Builders who use
Ramco.This includes on-the-ground guidance on correct construction practices and some of the
major concrete tests free of cost! This means tremendous cost-savings to consumers on expensive
test,With its tireless,customer-friendly approach,MACE has won the support and admiration of cus-
tomers and the trade
Role of MACE - MACE provides engineering solutions for huge projects, provides after-sales
support services to Individual home builders who use Ramco,on-site guidance , some of the major
tests on concrete , all free of cost!
Jubilant FoodWorks Limited

Technical Discourse: Stock is in Uptrend , Buy at CMP : 1285,
Target - 1606 to 1805 ,SL- 1178, Time Frame 9 to 24 Months
Jubilant FoodWorks Limited (the Company) is a Jubilant Bhartia Group Company. The Com-
pany was incorporated in 1995 and initiated operations in 1996. The Company got listed on
the Indian bourses in February 2010. Mr. Shyam S. Bhartia, Mr. Hari S. Bhartia and Jubilant
Consumer Pvt. Ltd. (formerly Jubilant Fresh Pvt. Ltd.) are the Promoters of the Company.
The Company & its subsidiary operates Domino’s Pizza brand with the exclusive rights for In-
dia, Nepal, Bangladesh and Sri Lanka. The Company is market leader in the pizza segment with a
network of 1,200 Domino’s Pizza restaurants across 271 cities in India (as on Dec 31, 2018).
Dunkin’ Donuts, a subsidiary of Dunkin’ Brands, is the world’s leading baked goods & coffee
chain, selling more than 1 billion cups of coffee a year and more than 3 million customers per day.
Dunkin’ Donuts sells a large varieties of donuts and more than a dozen coffee beverages as well
as an array of bagels, breakfast sandwiches and other baked goods.
Cont...
Financial Weekly

INVESTMENT
Today, there are more than 11,300 Dunkin’ Donuts restaurants worldwide –with more than 3,200
international restaurants in 36 countries.
The Company launched Dunkin’ Donuts in India in April 2012 in Delhi. The Company has 32
Dunkin’ Donuts restaurants across 10 cities in India (as on Dec 31, 2018). With the launch of
Dunkin’ Donuts in India, the Company is now well poised to address two distinct non-competing
segments of the Food Service Industry in India, namely the home delivery of Pizza’s market and
the all day part food and beverage market.
Dunkin’ Donuts (DD) in India is positioned as a Food Café, occupying the sweet spot be-
tween Cafés and Quick Service Restaurants. DD serves a wide range of Donuts, Dunkin’ Do-
nuts Original Blend Drip Coffee, Espresso coffee based beverages such as Cappuccino and
Latte, Milkshakes, Smoothies, Iced Teas, Coolattas, as well as a delectable range of Burgers,
Wraps, Sandwiches and side-bites. Each Dunkin’ Donuts restaurant is designed with care and
brings alive the brand’s International, youthful, colourful and playful brand personality. The res-
taurants offer its young guests a great ambience to catch up with their friends and family in a
relaxed and comfortable environment. And yes, Dunkin’ also serves the world’s best Donuts.
HDFC BANK
Technical Discourse: Accumulate , Buy at CMP : 2083,
Target - 2200 to 2405 ,SL- 1950, Time Frame 9 to 24 Months
HDFC Bank - HDFC Bank Ltd is a major Indian financial services company based in Mumbai.
The Bank is a publicly held banking company engaged in providing a wide range of banking and
financial services including commercial banking and treasury operations. The Bank at present has
an enviable network of 2201 branches and 7110 ATMs spread in 996 cities across India. They
also have one overseas wholesale banking branch in Bahrain, a branch in Hong Kong and two
representative offices in UAE and Kenya. The Bank has two subsidiary companies, namely HDFC
Securities Ltd and HDB Financial Services Ltd
Subscription Chart
E-mail Edition (Soft Copy) (Every Saturday)
Smart Investment Weekly 1 Year 2 Years 3 Years
1. Gujarati Edition 1800 3200 4500
2. English Edition 1100 1850 2650
E-mail Edition (Soft Copy) of Smart Plus News Letter

(Every Sunday) * For Private Circulation only
News Letter 1 Year 2 Years 3 Years
1. Smart Plus 1400 2500 3300
Combined Package for Weekly & News Letter

Guj. & English Weekly E-Copy (Every Saturday)
With Smart Plus News Letter (Every Sunday)
1 Year 2 Years 3 Years
1. Gujarati + Smart Plus 2700 5000 7400
2. English + Smart Plus 2100 3900 5400
Contact : 079-26576639 (M) 9825006980

smartinvest25@gmail.com , smartinvest25@yaoo.in
: : : Bank Details : : :
HDFC Bank : Current A/c No. : 00062560008858
Beneficiary Name : Archi Publications
RTGS / NEFT IFSC : HDFC0000006
Navrangpura Branch, Ahmedabad-380009.
Financial Weekly

INVESTMENT
Smart SME Stocks - Dilip K. Shah
SME Stocks to be considered

Zota Healthcare (Rs.262.00) (NSE SME) (F. V. 10.00) (Market Lot : 500
Shares) :- Zota HealthCare Ltd. (ZHCL) started its operations in 2000 as allo-
pathic and Ayurvedic medicines product marketing company. It manufactures
different tablets, capsules, ointment, oral liquids, injectable, etc as per the require-
ments of the clients. It has capacity of growing as a giant pharma company in
future. It is planning to set up retail counter chain of around 3,000 counters and
also to launch many new products. Stock prices went up to Rs292 and down to
Rs203 in 52 weeks.
Chemrux Enterprise (Rs.73.50) (Code:540395) (Lot Size: 4000) :- It is ISO
9001:2008 and ISO 14001:2004 company which is active in production of high
pressure Oxidation, Chlorosulfonation, Nitration andAceylationforb manufactur-
ing of intermediates for bulk drugs, dyes and pigments. It exports itsproducts in
US, Egypt and Europe. As against offer price of Rs18 it got listed at price of
Rs21.60 on March 28, 2017. It is also joining the bullish trend in the chemical
sector. The company's market cap is Rs36.03 crore. The stock may cross 52
week high of Rs89 in near future.
Benara Bearings (Rs.35.00) (Code: 541178) (Lot Size: 2000 shares) :- It's
time to average out in this SME stock. The company with profit of Rs3 crore has
good reputation in bearing and pistons. The downside seems limited from the
current price. It came up with IPO at price of Rs63 and got listed at price of Rs64
on April 3, 2018. The stock prices went up to Rs68 and down to Rs33.25 during
52 weeks. The stock is being quoted near 52 week low, so it can be considered
for long term.
Disclosures as per SECURITIES AND EXCCHANGE BOARD OF INDIA (Research Analysts) Regulation, 2014; • I and / or my clients may have investment in this
stocks • I/My family have no financial interest or beneficial interest of more than 1% in the company whose stocks I am recommending • Stop loss is useful for Short
/ Medium Term investor Only • Smart Investment will not be responsible / liable for any loss arising out of investment based on tis advices • Past performance may or
may not be substainedin future " (Dilip K. Shah) Research Analyst : SEBI Regn No. : INH000002152
Financial Weekly

INVESTMENT
SMART
BUY OF THE WEEK
Dark Horse
Last week recommended UTTAM SUGAR as DARK HORSE
at Rs.110.45, it zoomed to Rs.161.3 levels in just one week
and recorded almost 46% appreciation.
DONEAR INDUSTRIES
(512519 & NSE) (37) (Face Value Rs.2)
Donear Industries Limited manufactures
and sells suitings, trousers, and shirting fab-
Particulars 9 Months Ended
rics for men and women. The company op- 9MFY19 9MFY18 % Var.
erates through two segments, Manufacturing Sales 436.92 377.25 15.8
and Dealing in Textiles, and Rental Property. PAT 11.96 10.46 14.3
Its products include polyester viscose
EPS 2.30 2.01 14.4
blended fabrics, polyester cotton blended
fabrics, polyester fabrics, cotton high value plain and yarn dyed shirting fabrics, and cotton plain
and yarn dyed bottomwear, as well as polyester wool, wool rich, and all wool fabrics. The company
offers fabrics under the Donear brand name; and garments under the brand name of Dcot. It mar-
kets and sells its products through a sales network consisting of 115 agents; 629 wholesalers; and
24,000 over the counter multi brand retail outlets in 29 states and 7 Union Territories of India. The
company also exports various blends of fabrics, including wool, polyester/viscose, polyester/wool,
polyester/cotton, poly/visc/cotton, poly/visc/lycra, poly/wool/lycra, cotton, linen cotton, linen, and
cotton modal to wholesalers, distributors, garment manufacturers, retailers, buying houses, and
departmental stores in approximately 37 countries worldwide.
It has an equity capital of Rs.10.4crore supported by reserves of around Rs.95.16crore. The
promoters hold 74.56% while other investing public hold 25.44% stake in the Company. Promoters
have increased their stake by 1.01% from open market in last one year.
During 9MFY19, its net profit zoomed 14.3% to Rs.11.96crore from Rs.10.46crore in 9MFY18
on 15.8% higher sales of Rs.436.92crore fetching an EPS of Rs.2.30.
Currently, the stock trades at a P/E of just 13x which is lower against its peers like Raymond and
others. Its 52 week high rate is Rs.64. Stock almost corrected 42% from 52 week high.
Investors can accumulate this stock with a stop loss of Rs.31. It may give very good re-
turns in medium to long term.
Cont...
Financial Weekly

INVESTMENT
PITTI ENGINEERING
(513519 & NSE) (53) (Face Value Rs.5)
Pitti Engineering Limited manufactures
Particulars 9 Months Ended
and sells electrical steel laminations, motor
9MFY19 9MFY18 % Var.
cores, sub-assemblies, die-cast rotors, and
press tools in India and internationally. The
Sales 468.7 259.17 80.8
company offers laminations for various rotat- PBT 30.54 10.57 188.9
ing electrical machinery; and manufactures PAT 17.07 8.50 100.8
dies, jigs, fixtures, and press tools. It also provides die cast rotors and assemblies, stator and rotor
core assemblies, pole assemblies, and casting and machine components, as well as steel fabri-
cated parts. In addition, the company offers windmills castings, assembled laminations stacks,
compressor castings, stator frames, transmission housings, and parts for off highway vehicles; and
ductile iron, grey iron, and plain carbon steel grades, as well as components for various industries,
including railways off highway vehicles, earthmoving equipment, compressors, windmills, power
sector, transmission parts, oil and gas, etc. Its products has applications in industrial motors, alter-
nators, hydro and thermal power generators, wind power generators, DC machines, traction mo-
tors, pumps, medical diagnostic equipment, and aeronautic wing control motors.
It has an equity capital of Rs.14.92crore supported by reserves of around Rs.145.39crore. The
promoters hold 53.58% & Other DIIs hold 9.81% while other investing public hold 34.12% stake in
the Company.
Company has posted robust numbers for Q3FY19 & 9MFY19. During Q3FY19 it has reported
114.53% higher sales of Rs.165.68crore while its PAT zoomed 91% to Rs.5.09crore against
Rs.2.67crore fetching an EPS of Rs.1.74. During 9MFY19, its net profit zoomed 100.8% to
Rs.17.07crore from Rs.8.50crore in 9MFY18 on 80.8% higher sales of Rs.468.7crore fetching an
EPS of Rs.5.84. 9MFY19 PAT is 51.32% higher than PAT recorded for FY18.
Currently, the stock trades at a P/E of just 8x. It has paid 20% dividend for FY18. Its 52 week high
rate is Rs.110. Stock almost corrected 52% from 52 week high.
Investors can accumulate this stock with a stop loss of Rs.47.5. It may give very good returns in
medium to long term.
Financial Weekly

INVESTMENT
TRADNICAL STRATEGY
Email: nimesh@nimeshthaker.com, M. 9228237373
NIMESH THAKER, BARODA
Sebi Registered NO. : INH000005874
Aap Sab ko ABHINANADAN: Bulls

In the last two weeks, there has been news-based volatile in market and market moves in
ranges. We have seen poor GDP figures in the last week. That cannot be considered a good
sign for the economy. But look at this GDF figures in other way, our economy were going
through in the worst period during October-November-December, where was seen the price
of crude oil above $ 80, because of IL&FS Problem liquidity condition was tight in the market,
result of this, the direct negative impact was seen across other sector. But the crucial things
is, even in this adverse condition, our economy has grown at 6.6% . So I believe that in the
future, our economy will grow at a minimum of 6-6.5%. and going ahead it will move faster
than previous rate because crude and liquidity conditions have improved significantly. From
technical chart point of view, Nifty moving in the sideway trend, with 10650-10600 considered
as strong support and on upside of 11000-11100 consider as strong resistance. On Friday
nifty was remain firmed during day, it indicates that we can expect higher level in coming
days. So I recommend to buy Nifty with a stoploss of 10720 with the target 11000-11100 in
coming days.
For your stock related queries you can contact me on 9228237373.
Tata Elaxy : Buy

Buy Range: 911-895, Target: 980-1020 stop loss 870
Allocation: 10% of trading capital
Bull engulfing formation on weekly chart near 200 WEMA indicates trend reversal. Also
positive RSI divergence on daily chart indicates strength. I expect may test up to 980-1020
level in short term hence recommend to buy
Financial Weekly

INVESTMENT
Stock Buzz Subramanian Mahadevan

dolphincapital@gmail.com
IDFC First Bank Limited (Rs.45)

Emerging Digital Banker!
IDFC Bank Limited (IDFCBL) - demerged from IDFC, IDFC bank has formed and forayed into
banking business from 2015. It has started its journey by launching 23 branches across India on
October 2015. Since 2015, IDFC Bank has expanded its branches and took the total number of
branches to over 300, having presence in 20 states, servicing to 1.4 million customers. On 6th
November 2015, IDFC bank shares were listed in Indian bourses and paved the way for the inves-
tors to unlock the value of their investments. The bank is equipped with professional management
having rich experience in banking and finance space. Recently formed, IDFC Bank has beefed up
teams with lateral hiring from banks& NBFCs to scale up its business. Currently, the bank has
8613 Points of Presence (PoP) in 20 states. Out of 8613 PoP, 74 are branches, 306 branches are
from acquisition of Grama Vidiyal and 1000 Micro ATMs. Bank's management has expressed in-
tention to target mass affluent customers which majority of banking system is ignoring & lower
penetrated. Newly launched IDFC Bank has been aiming to gain pan India presence through inor-
ganic route. Bank's recent acquisition of Micro finance institution would give access to large cus-
tomer base which would in turn strengthen its retail banking. IDFC Bank's vision to become a mass
retail bank in 5 years by leveraging loyal customer base of 1 million, cross selling products and
increasing profitability by getting access to lower cost of funds. The total income for the concluded
financial year was also higher at Rs 10,047.90 crore, as against Rs 9,545.83 crore in the previous
fiscal. For the entire 2017-18, net profit were down at Rs 859.30 crore from Rs 1,019.74 crore in
2016-17. For the full year, the provisioning were however down at Rs 236.09 crore from Rs 282.50
crore in 2016-17. On the asset front, the gross bad loans or non-performing assets (NPAs) in-
creased to 3.31 percent of the gross loans as on March 31, 2018, up from 2.99 percent by end of
March 2017. Net NPAs, as a percentage of net loans by end of fiscal were 1.69 percent (Rs 891.16
crore), in comparison to 1.14 percent (Rs 576.47 crore). Bank has reported stable RoA of 1% dur-
ing FY17, which is expected to improve on the back of business initiatives taken by the manage-
ment such as focusing on increasing CASA ratio and fee based income. Besides, the bank also
has strong views on corporate banking through tie-ups. Currently, the bank is valued at P/BV of
less than 1.1x and P/B of 0.9x on FY18BV and FY19BV respectively which is quite compelling and
attractive in private banking sector. IDFC bank has just started its journey by merging leading
NBFC 'Capital First' with itself for better growth prospects and retail banking penetration. Improv-
ing asset quality, better operational metrics, improving RoA and higher profit growth is going to
rerate the stock price and its valuation multiple in the years to come. Accumulate for excellent
double digit returns in one to two years' time with limited downside.
Financial Weekly

INVESTMENT
Jatin Sanghavi
Market Scan (Mumbai)
(M) 098205 26455
jatinsanghavi100@yahoo.com
DESPITE WAR CLOUD

TRADING RANGE SURVIVES
SAME OLD STORY :- It was a tensed week as the tension between India and Pakistan reached
a war-like scenario as India avenged Pulwama attack. As a result the first two days of the week
saw real black body candle formation amongst increasing Volatility. The recipe was perfect for a
decisive breakout of the Trading Range (10583-11118) which has been in place since last three
months. But that was not to be as the tension between both sides eased. The last day of the week
saw both indices still grappling with the confluence zone formed by the critical Moving Averages
and the indices still staying in the trading zone. Interestingly despite the frontline indices remaining
in the trading zone, the end of the week saw mid-cap and small-cap stocks outperforming after a
long time.
TECHNICALLY SPEAKING :- Sensex opened the week at 35983, made a high of 36371, low
of 35714 and closed the week at 36063. Thus it closed the week with a gain of 192 points. At the
same time the Nifty opened the week at 10813, made a high of 10939, low of 10729 and closed the
week at 10863. Thus the Nifty closed the week with a gain of 72 points.
On the daily charts, both the indices have formed a small white body candle which has little say
on the trend. On the weekly chart, both the indices formed a small white body candle almost like a
rest day. Thus daily as well as weekly candlestick formations do not have any decisive bias.
It finally seemed that this week would see a much awaited breakout of the long standing Trading
Range between Sensex 37172-35010 and Nifty 11118-10534. But that was not to be as we con-
tinue to hover in this trading range. A bearish breakout i.e. a break below Nifty 10583 will retest the
Support level of 10333 and then further go down to test the Head &Shoulder neckline of 10050.
Similarly a bullish breakout above Nifty 11118 will take the Nifty towards higher target of 11416-
11644.
This Weeks Recommendations

Rec. Name CMP SL TGT-1 TGT-2
Buy SRF 2285 2241 2353 2421
Buy IndusInd 1514 1488 1553 1595
Buy Chola Fin. 1269 1247 1302 1337
Buy Wockhardt 420 411 434 449
Buy Allahabad B. 50 48 54 58
:::: INDEX LEVELS ::::
S3 S2 S1 CLOSE R1 R2 R3
NIFTY 10534 10628 10729 10863 10956 11043 11118
SENSEX 35010 35375 35714 36063 36371 36701 37172
Cont...
Financial Weekly

INVESTMENT
Buy Indusind : 1514 SL 1488 Tgt : 1553-1595
Interestingly all the significant Moving Averages (20dma, 50dma & 200dma) have converged
into a narrow Confluence Zone between Sensex 36038-36118 and Nifty 10813-10862. A close
above this zone will take both the indices higher towards the upper end of their trading range.
The Correction of the current upward Retracement is at Sensex 35300-34922-34538 and Nifty
10610-10494-10379. A break below Nifty 10379, will see the intermediate Correction resuming
and the intermediate Correction levels are placed at Sensex 33920-32354-30788 and Nifty 10283-
9827-9371. Higher degree Correction levels are placed at Sensex 32688-30742-28796 and Nifty
9875-9293-8710. Thus we have two confluence zones which will act as Support Zones. First
Confluence Support Zone is between Sensex 32688-32354 and Nifty 9875-9827. Second
Confluence Support Zone falls between Sensex 30788-30724 and Nifty 9371-9293.
This week, both the indices closed above all the Moving Averages viz. the long term average of
200dma (Sensex - 36038 and Nifty - 10862), the medium term average of 50dma (Sensex - 36058
and Nifty - 10816) and also the short term average of 20dma (Sensex - 36118 and Nifty - 10832).
Thus the Trend in long term, medium term and short term remains Upwards.
MACD as well as Price ROC are in Buy mode. RSI (53) suggests Bullish momentum. Stochas-
tic Oscillator %K (60) is above %D and hence in Buy mode. ADX (10) suggests a further sideways
consolidation with no clear trend. Directional Indicators are in Buy mode as +DI is above -DI. MFI
(45) suggests Negative Money Flow. OBV is not confirming with the upward trend. Thus Oscilla-
tors are suggesting a mixed bias.
Options data for March series indicate highest Call Open Interest is at the strike of 11000 whereas
the highest Put build-up is at the strike of 10800. Thus Options data suggests a narrow trading
range with resistance at 11000 & support at 10800.
Financial Weekly

INVESTMENT
Jignesh R Mehta
(SEBI Registered Research Analyst)
E-mail : support@kiranjadhav.com
Website : www.KiranJadhav.com
Phone: 9327 11 3344 / 9328 11 33 44
Twitter: @jigneshrmehta
Range bound move continues

with bullish undercurrent
Last week we represented our range bound view on the market and it doesn't change for
coming week as well. We have identified a Triangle kind formation that is underway in
Nifty and Bank Nifty, both the indices. Triangle kind formation looks bullish because the
up move with which the formation has occurred is considered as base of this Triangle.
Currently long term EMAs group on both the said indices are still in positive tone. i.e. the
shortest term of EMA from this long term EMA group is still above all the other MAs. All the
higher term MAs are following this shortest MA one by one, forming bullish spread. We
believe that the island reversal pattern which has occurred on daily candlestick chart is
suggestive of some higher levels for the coming week. We believe that Nifty has resis-
tance at 11150 and Nifty is going towards that level with a strong support at 10700. Same
way, Bank Nifty is going towards its important level at 27600 on upside. The important
support for Bank Nifty at 26775.
RISING STAR:
Taj GVK Hotels & Resorts Ltd. (190)
NSE: TAJGVK, SECTOR:Hotels
Cont...
Financial Weekly

INVESTMENT
RISING STAR:
Taj GVK Hotels & Resorts Ltd. (190)
NSE: TAJGVK, SECTOR:Hotels
For many, this may not be proper time to hold a small to midcap company but for us this indeed
is a time to advocate for very good bullish counter that we just had in our radar. It is none other than
TAJGVK. The reason why the price move is very evident is that the price is dealing back again with
the historical resistance it had in 2008, 2010, 2016 and in 2017. While price is in apparent up trend
ever since 2016 with a firm support line underneath it, price is also trading in current bullish mo-
mentum.
Momentum is caused by the bullish spread that is obvious from the long term EMA group. Also
the up spurts that is seen in volume ever since price in uptrend is suggestive of stock being swapped
from weaker section to the stronger sections firmly. All and all, current structure is quite bullish and
at least double the money breakout is on hand. Anyone with a positive node from his personal
adviser can hold this stock with a target price of at least 380 in next 2 years. The strict stop loss that
one should not forget to follow is the support line shown in the chart which is currently placed at
165.
Jignesh R Mehta
SEBI Registered Research Analyst
www.kiranjadhav.com
support@kiranjadhav.com
Phone: 9327 11 33 44 / 9328 11 33 44
Twitter: @jigneshrmehta
Disclosers: Views expressed in this article/articles are personal opinion of Author and it
does not constitute an offer to buy or sell securities mentioned herein. Enough care has
been taken before arriving at these data, figures & charts, however, readers are advised to
do their own assessment before taking any actions in the market. The author and his com-
pany does not take any responsibility for any results that may arise out of using this infor-
mation.
BUY.... BUY....BUY TIPS OF THE WEEK

Co. Name Code Price Co. Name Code Price
Subros 517168 250.00 Motherson S. 517334 160.00
Sail 500113 52.00 Voltas 500575 573.00
Allahabad Bank 532480 49.00 ITC 500875 277.00
STAR Paper 516022 126.00 Ramco Cem. 500260 689.00
Prakash Ind. 506022 91.00 Jet Air. 532617 234.00
REC 532955 137.00 Escorts 500495 674.00
Praj Ind. 522205 146.00 AIA Engg. 532683 1749.00
NCL Ind. 502168 130.00 BEML 500048 850.00
Torrent Power 532779 245.00 Tata Steel 500470 507.00
Ambuja Cement 500425 217.00 Info Edge 532777 1797.00
Quick Heal 539678 218.00 Thermax 500411 994.00
Titan 500114 1022.00 SRF 503806 2295.00
NCC 500294 89.00 L & T Techno 540115 1549.00
Financial Weekly

INVESTMENT
- Parag Salot
Technical Trading Trends (SEBI Registered Research Analyst)
M. : 91-9930011789
Nifty Overview : In Last Trading Session, Nifty closed at 10914. Nifty still remains in range,
however with positive bias. Nifty support is at 10790/10615 levels while resistance is at 11090
levels. For now one can buy in dip for trading.
Bank Nifty Overview : In Last Trading Session, Bank Nifty closed at 27189. Similar to
Nifty, even Bank Nifty is in range with positive bias. Bank Nifty support is at 26780/26650
levels while resistance is at 27450 levels. For now, one can buy bank nifty in dip for trading.
Last Recommendation Review

Scrip Name BSE Buy/ Enter Did High/ Remark
Code Sell at Low
Arvind 500101 Buy 77 84.4 Target Achieved
Ashok Leyland 500477 Buy 81 88 Target Achieved
Cadila 532321 Buy 310 330 Target Achieved
CESC 500084 Buy 663 694 Target Achieved
PC Jewellers 500043 Buy 62 73.5 Target Achieved
Trading Buy
Scrip Name BSE Last Enter at 1st 2nd Stop
Code Close Between Tgt. Tgt. Loss
Arvind 500101 84 77/79 82 86 74.7
Bank of India 532149 88.3 80/83 87 93 78
BHEL 500103 66.6 62/64 67 70 60
Cadila 532321 324 310/315 325 335 305
Can Fin Homes 511196 279 263/266 275 285 258
Ceat 500878 1102 1070/1080 1100 1120 1060
Infibeam 539807 36 34/35 38 41 32
Jet Airways 532617 227 210/215 225 235 203
KSCL 532899 407 395/400 410 420 388
Tata Motors DVR 500570 90 84/87 93 100 80
Trading Sell
Scrip Name BSE Last Enter at 1st 2nd Stop
Code Close Between Tgt. Tgt. Loss
Zee 505537 490 505/510 500 490 515
Note : All calls are momentum calls based on technical analysis and all levels as per future prices (If scrip not available in futures then BSE Cash price). All
these calls are given based on daily charts but intra-day signals are equally important to enter the trade in a timely manner. Timing is very important and we at
shareinfoline.com give you timely calls based on intra-day charts. Read Disclaimer at ShareInfoline.com
Financial Weekly

INVESTMENT
Smart Education - Yog Joshi

Technical Analysis
From
Basic to Advance
Topic - 9
Different Type of Reversal Chart Patterns
Hello Friends,
Hope you all are doing well..!!!
In last week we discussed about Morning Star and Evening Star reversal
Candlestick Pattern and it was an end of reversal candlestick pattern
We discussed many important reversal candlestick pattern of Single Candle-
stick, Double Candlestick and Triple Candlestick and their place and effect in
Japanese Candlestick chart
From this week we are going to start one more interesting topic in this Tech-
nical Analysis educational series and that is "Different Type of Reversal Chart
Patterns"
We all know that, Bearish and Bullish sentiment are part of the market, but
nothing is permanent, we all know the word "correction"
In very simple word, correction means a opposite side price effect for any
stock if that stock trading at very high level or at very low level from its average
trading price
Reversal Chart pattern help us to identify Demand Zone, Supply Zone, Ex-
pected Future Support and Resistance Zone for any stock or commodity
In this educational series, we will going to cover below reversal chart patterns,
their location in candlestick chart and future expected effect on price of stock,
commodity or currency
1) Double Top (Up Trend Reversal Pattern )
2) Double Bottom (Down Trend Reversal Pattern)
3) Triple Top (Up Trend Reversal Pattern )
4) Triple Bottom (Down Trend Reversal Pattern)
5) Head and Shoulder (Up Trend Reversal Pattern )
6) Reverse Head and Shoulder (Down Trend Reversal Pattern)
Cont....
Financial Weekly

INVESTMENT
For ready reference I am sharing the pattern photograph of all this shared
pattern, we will discuss one by one all this pattern and its importance in detail in up
coming issue of Smart Investment.
I hope you all like this educational series, this is my only effort to write Techni-
cal Analysis subject's various topic in very simple and easy language where every one
can understand and enhance their knowledge.
Financial Weekly

INVESTMENT
TECHNICAL TALK Dhananjay Kadam

TECHNICAL ANALYST, M. 7588622374
STOCKS TO SHORT FOR GOOD GAIN

Last Week Calls Update :
* Raymond - From Rs 728 to 792.60.Target hit - 9 % gains
* GM Breweries From Rs 536 to 587.8. Almost near Target of Rs 594
# Bharat Forge - Close Rs 519.75 :-
Bharat Forge Ltd (BFL), the Pune based
Indian MNC is a technology-driven glo-
bal leader in metal forming and has syn-
ergies across various sectors and around
the globe. Part of Kalyani Group - a USD
2.5 billion conglomerate.
Technicals : On daily chart, the stock
started it's downtrend journey - from 07/
09/2018 Rs 693.90. From Dec 18' to Feb
19' (3 months) Bharat Forge, was trad-
ing in a specific range and it formed a
falling wedge pattern. It's a reversal pat-
tern. It gave a good breakout with vol-
umes on 27th Feb 19'. Today's close
price is Rs 519. Bharat Forge can be
bought for a price target of Rs 560-580. Stop-loss would be Rs 505 on daily closing basis.
SRF Ltd - Close Rs 2285.80 :- SRF

Ltd is a leader in refrigerants, engineer-
ing plastics and industrial yarns in India.
It also manufactures polyester films and
fluorospecialities. Besides India, it has
presence in Dubai, South Africa and
Thailand.
Technicals : On 04/02/19' SRF Ltd
made a low of Rs 1947 and it gave a
upmove in vertical shape. It made a high
of Rs 2260 and it was consolidating for
the next 15 days and on 28/02/19' it gave
a fresh breakout on daily chart. It has
formed a Bullish Flag Pattern. As per the
pattern, SRF can be bought for a price target of Rs 2500. Stop-loss would be Rs 2245 on daily
closing basis. Time Frame : 20 to 22 days.
Financial Weekly

INVESTMENT
Techno Funda sound stocks Sachin Shah

(Mumbai)
Our Past Review

Stocks Rate High Price Appreciation
5th Nov 18 TECH MAHINDRA 691 840 22%
10th Dec 18 BATA INDIA 1059 1329.9 26%
17th Dec 18 SRF 2192 2338.9 7%
7th Jan-19 REC LTD 121.35 138.4 14%
21st Jan-19 YES BANK 198.25 238.5 20%
28th Jan-19 GRANULES 94.7 104.3 10%
PFC 103.2 114.2 11%
18th Feb-19 MANAPPURAM FIN 103.8 117 13%
UPL LTD 816.65 882 8%
Last week ENDURANCE TECH 1258.65 1385 10%
ASTRAZENECA Ph. 1871 2049 10%
INFO EDGE (532777 & NSE) (1796) (FV 10)

Info Edge Ltd has 23 years
of experience in the internet
space in India. Starting with a
classified recruitment online
business fro m its portal
www.naukri.com the company
has diversified rapidly into a
premier online classifieds com-
pany with its Portals :
www.jeevansaathi.com for
m a t r i m o n i a l ,
www.99acres.com for real es-
tate which is now India's larg-
est property marketplace covering almost all the major cities and www.shiksha.com for educa-
tion and related services. Apart from this Info Edge has made significant strategic investments
into emerging internet companies - zomato.com, meritnation.com, policybazaar.com,
Canvera.com, happilyunmarried.com
For Q3FY19, INFO EDGE posted 23.73% higher income of Rs.281.06crore with 39.28% higher
PAT of Rs.74.31crore and an EPS of Rs.6.10. The 52 week high/low for the stock is 1845/1126
respectively. The stock has compounded in strongly since listing and growth momentum contin-
ues to suggest the same in the future. The stock is trading above its 5,10,20,50,100,200 Day
Exponential Moving Averages. Coming to indicators, the stock is in buy mode on ADX, MACD,
PSAR and Super trend on daily, weekly and monthly charts. The stock can bought at CMP and
added on dips or corrections for a target of 2250 in the next 18 to 21 months.
Cont...
Financial Weekly

INVESTMENT
KAJARIA CERAMICS
(500233/NSE) (555.45) (FV 1)
Kajaria Ceramics is the largest
manufacturer of ceramic/vitrified tiles
in India and the 9th largest in the world.
It has an annual capacity of 68.00 mn.
sq. meters presently, distributed across
seven plants - one in Sikandrabad
(UP), one in Gailpur (Rajasthan), One
in Malutana (Rajasthan), three in Morbi
(Gujarat) and one in Vijaywada(AP).
For Q3 of the current financial year the
co mpan y po sted ne t sa les of
Rs.758.56crores and net profit of
Rs.64.8 0cro re v /s n et s ales of
Rs.54.31crores and net profit of Rs.53.11crore in corresponding period last year, registering a growth
of 19.3% in bottom line on YoY basis. Stock witnessed a cycle correction its 9 year uptrend from Rs.10
in 2008 to Rs.789 per share in 2017 retracing 61.8% of the rise to form base at 310 in October 2018.
After which the stock bounced sharply by 50% from the low in the next 2 months to 469 on huge
volumes. Stock, currently is trading above its 5,10,20,50,200 DEMA on daily charts with a fresh super
trend break out on daily charts on 1/3/2019.The MACD already in buy mode on daily and weekly charts
has indicated a buy recently on its monthly chart as well. The ADX and PARABOLIC SAR are in buy
mode on daily, weekly and monthly charts. The stock can bought at CMP and added on dips or correc-
tions for a target of 765 in the next 18 to 21 months.
BRITANNIA (500825 & NSE) (3074) (FV 1)

Britannia Industries is one of India's leading
food companies with a 100 year legacy manu-
facturing many of India's favorite brands like
Good Day, Tiger, NutriChoice, Milk Bikis and
Marie Gold. Britannia's product portfolio in-
cludes Biscuits, Bread, Cakes, Rusk, Cheese,
Beverages and Milk Products. Britannia prod-
ucts are available in close to 5 million retail out-
lets reaching over 50% of Indian homes. Com-
pany has a presence in more than 60 coun-
tries across the globe.
For Q3 of the current financial year com-
pany registered consolidated Net Sales of Rs.2827.40 crores and Net Profit of Rs.300.69 crores v/s
Rs.2558.30 crores Rs.263.6 crores in corresponding period last year. The bottom-line growth of the com-
pany registered is 14% on a YoY basis.
The 52 week high/low for the stock is 3467/2390 respectively. The stock corrected in October 2018
from its yearly high of 3467 to 2628.taking support of monthly super trend level the stock bounced sharply
to 3245 within the next 9 weeks. Stock is consolidating between 3300 and 2750 levels. Stock is trading
above its 5,10,20,50,100,200 Day Exponential Moving averages with PARABOLIC SAR and MACD in buy
mode. The monthly super trend has been in buy mode all along its journey of compounding from 190 to 3077
over the last 9 years. The stock can bought at CMP and added on dips or corrections for a target of 3900 in
the next 21 to 24 months.
Financial Weekly

INVESTMENT
Technical News : 5-3-2019 to 8-3-2019

Manu Consultants : Manishkumar - Kolkata
SEBI REG:- RESEARCH ANALYST- INH300002449
NIFTY FUTURE
NIFTY FUT SUPPORT AT 10660-10550AND RESISITANCE10944-11100
STRATEGY:-BUY BANK NIFTY ON DIPS TILL 27000 SL 267500 TA 27400-550
STOCKSF&O:-
ALLAHABAD BANK :- BUY ALBKON DIPS TILL 46 SL 45 TA 54-58
MNM FIN :- BUY MNM FIN ON DIPS TILL 405SL 398TA 434-40
WOCKHARDT :- BUY WOCKHARDT ON DIPS TILL 410 SL 405 TA 454-65
DLF :- BUY DLF ON DIPS TILL 162 SL 160TA 177-84
ALL SL ARE CLOSING BASIS
SELL STOCKS
SELL INFY ON RISE TILL 750 SL 772 TA 720-680
SELL TCS ON RISE TILL 2040 SL2070 TA1850-20
DELIVERY STOCKS
BUY AVADH SUGAR (Rs. 490.00) SL 400 TA 650-800
DISCLAIMER :-The Recommendations are based on technical analysis. There is a risk of loss
in trading.Please visit website www.dallalstreet.org for full disclaimer and disclosures.
Buy... Buy... Buy on Dips Hold Sell on High

Wockhardt 420.00 Just Dial 534.00
Nalco 53.00 Vedanta 173.00
SLM Issuzu 680.00 Dr. Reddy 2640.00
MTNL 13.00 Muthoot Fin. 531.00
NIIT Techno 1325.00 Maruti 6933.00
Ashok Leyland 86.00 Yes Bank 237.00
BOB 108.00 Asian Paints 1392.00
Manappurm Fin. 115.00 Dalmia Bharat 125.00
Divis Labs. 1667.00 Bharti Airtel 307.00
NMDC 100.00 Coal India 232.00
MindTree 931.00 MM Forging 561.00
Religare 26.00 HPCL 232.00
Zee Enter 486.00 MOIL 151.00
Guj. Borosil 99.00 Welspun Enter. 106.00
M&M 649.00 Axis Bank 703.00
Hind. Copper 47.00 Astec Life 515.00
Bajaj Auto 2862.00 VIP Clothing 23.00
Arrow Greentech 75.00 Sobha Ltd. 436.00
Gail 343.00 Sintex 8.00
OBC 51.00 Ujjivan 281.00
IPCA Labs. 853.00
Triveni Engg. 58.00 JSPL 161.00
Financial Weekly

INVESTMENT
Terrific Shots - Dilip K. Shah
Tata Steel (Rs. 507.00) (Code: 500470) (F.V.: 10.00) :- Tata Steel is the largest
steel manufacturer in India and also a leading one in Europe. The share touched a high of Rs. 684
and low of Rs. 441 in the last year. The company’ market cap is Rs. 61,067 crores. A lot of correc-
tion has been seen in commodity shares in recent days owing to global uncertainty. Tata Steel has
also corrected significantly. For December quarter, its income went up from Rs. 33,446 crores to
Rs. 41,220 crores. Profit more than doubled from Rs. 1,136 crores to Rs. 2,286 crores. Tata Steel is
expected to gain from the takeover of Bhushan Steel. One can consider investing in this stock in
phases.
AIA Engineering (Rs. 1,749.00) (Code: 532683) (F.V.: 2.00) :- This Ahmedabad-
headquartered company has delivered excellent returns for investors. It is considered the second
largest high chrome casting producer in the world. The share touched a high of Rs. 1887 and low
of Rs. 1325 in the last year. Established in 1979, the company now has presence in more than 75
countries. Its equity is Rs. 18.86 crores, while it has reserves of Rs. 2,741 crores, making it a strong
bonus candidate. Promoter holding is 58.47%. FIIs also hold good stake. For first nine months of
the fiscal, AIA’s income went up from Rs. 1676 crores to Rs. 2106 crores, while profit rose from Rs.
291 crores to Rs. 355 crores. It is expected to continue its strong performance in the future. The
company has just declared 80% interim dividend.
Balkrishna Industries (Rs. 894.00) (Code: 502355) (F.V.: 2.00) :- Agriculture
segment accounts for 62% of its income, whereas industrial, construction and earth-moving seg-
ments have 34% share. It has two plants in Rajasthan, one in Gujarat, and one in Maharashtra. It
derives majority of its income through exports. For December quarter, sales were up by 9% from
Rs. 1106 crores to Rs. 1205 crores. Profit declined 24% from Rs. 189.5 crores to Rs. 144.7 crores.
Quarterly EPS was Rs. 7.48. The stock touched a 52-week high of Rs. 1467 crores and low of Rs.
744 crores. The correction in the stock is a buying opportunity. It has paid 300% interim dividend
for 2019.
Timken India (Rs. 572.00) (Code: 522113) :- The shares of this industrial machinery
company are listed in B Group, and have face value of Rs. 10. The share touched a 52-week high
of Rs. 812 and low of Rs. 495. Its merger with ABC Bearings will lead to creation of a large entity in
auto ancillary space. A subsidiary of US’s Timken, the company makes roller bearings, which are
used in railway and heavy industries. The company has market cap of Rs. 4,303 crores. For De-
cember quarter, its income rose 38% to Rs. 385 crores, while net profit shot up by 188% to Rs.
26.43 crores. EBIDTA jumped 152% to Rs. 58.81 crores. Promoter holding is 67.80%. ICICI Direct
has given a ‘Buy’ rating on the stock with a target price of Rs. 640.
Disclosures as per SECURITIES AND EXCCHANGE BOARD OF INDIA (Research Analysts) Regulation, 2014 ; • I and / or
my clients may have investment in this stocks • I/My family have no financial interest or beneficial interest of more than 1% in the
company whose stocks I am recommending • Stop loss is useful for Short / Medium Term investor Only • Smart Investment will not
be responsible / liable for any loss arising out of investment based on tis advices • Past performance may or may not be
substainedin future " (Dilip K. Shah) Research Analyst : SEBI Regn No. : INH000002152
Financial Weekly

INVESTMENT
Sarvesh Ashok Trivedi
Stock Wave (Mumbai) (Mob) 09820728124
www.chartsanketstock.com
Amid two sided volatile market

script-based ups and downs can be witnessed
BSE Index (36063.81) :- It is moving upward from bottom of 35287.16. It shows towards
oversold position on daily and weekly basis, while neutral position on monthly basis. On upward
movement, beyond 36371 it may go up to 36470, 36589, 36700, 36820, 36940, 37055 and 37173.
On the downward movement, below 35830 and 35462 indicate weak situation.
Nifty Future (10915.20) :- It is moving upward from bottom of 10602. It shows towards
oversold position on daily and weekly basis, while neutral position on monthly basis. On upward
movement, beyond 10930 it may go up to 10945, 10975, 10007, 11045, 11075, 11110 and 11142.
On the downward movement, below 10863 it may indicate weakness once it crosses 10825 level.
Bank Nifty Future (27189.80) :- It shows improvement from bottom of 26700. It shows
towards oversold position on daily and weekly basis, while towards overbought position on monthly
basis. On upward movement, beyond 27250 it may go up to 27300, 27370, 27440, 27510, 27575
and 27647. On the downward movement, below 27075 it may get support at 27000 and 26932.
HDFC (1859.45) :- It shows downward movement from bottom of 2016. It shows oversold
position on daily and weekly basis, while overbought position on monthly basis. On upward move-
ment, beyond 1875 it may witness resisting level at 1890. On the downward movement, below
1820 it may go down to 1807, 1785, 1760 and 1738.
Hind Unilever (1734.65) :- It shows downward movement from top of 1847. It shows
towards oversold position on daily and weekly basis, while overbought position on monthly basis.
On upward movement, beyond 1757 it may witness resisting level at 1770. On the downward
movement, below 1727 it may go down to 1716, 1694 and 1670.
REC (137.30) :- It shows upward movement from bottom of 98.75. It shows overbought posi-
tion on daily, weekly and monthly basis. On upward movement, beyond 138 it may go up to 147,
154 and 161. On the downward movement, it may get support at 130.
Strides Pharma (433.75) :- It shows rebounding spurt from bottom of 392.20. It shows
overbought to neutral position on daily basis, oversold on weekly basis and towards oversold on
monthly basis. On upward movement, beyond 437 it may go up to 442 and 453. On the downward
movement, below 427 it may get support at 420.
Sun Pharma (447.35) :- It shows rebounding spurt from bottom of 370.20. It shows over-
bought position on daily basis, neutral on weekly basis and oversold on monthly basis. On upward
movement, beyond 455 it may go up to 461, 465 and 487. On the downward movement, below 436
it may get support at 428.
Disclosure : The Recommendations are based on technical analysis. There is a risk of loss in trading.
Golden quote :-
Keep your eyes on the stars, and
your feet on the ground
Financial Weekly

INVESTMENT
Dilip Davda
e-mail Expert’s Eye
dilip_davda@rediffmail.com
Positive derivatives expiry week despite

Indo-Pak tension
February 2019 derivatives expiry week marked positive trades for the first and the last session
that helped it to close the week on a positive note. It marked hat trick of red closing in mid week
including derivatives expiry day. Closing of our markets in green for the week despite Indo-Pak
tension indicates that it has discounted near term likely scenario. Now all eyes are on Election
commission that has said that elections will be held on time amidst ongoing tension between two
neighbor countries. Market moved in a narrow trading range for the week. It was a sigh of relief as
Sensex managed to close the week at a respectable level of 36K plus. Nifty however failed to see
through 11K level during the week.
FIIs were the major net buyers for the week for all sessions except the last one.
As can be seen from the table below, during the week, indices moved in the range of 10939.70
-10729.30 and 36371.11-35714.16 for NSE Nifty and BSE Sensex respectively.
For the week, we witnessed net weekly GAIN of 71.85 points for NSE Nifty and 192.33 points for
BSE Sensex.
Markets opened on a positive note on Monday and maintained gaining tempo for the day. While
NSE Nifty scored 88.45 points to close at 10880.10, BSE Sensex gained 341.90 points to end the
day at 36213.38. All out buying in Auto, IT and Banking counters lead the rally. Even Small and
Mid cap rally to took place with value buying in oversold market. US-China trade war talks hinting
at positive movement brought buying spree.
Markets opened lower on Tuesday with a gap following reports of IAF strike on Pakistan camps
Ex-Bonus of terrorists and thus it closed the day in red. NSE Nifty lost 44.80 points
Maximus (1 for 1) to end the day at 10835.30. BSE Sensex marked deficit of 239.67 points
Vishal Bearings (4 for 5)
to close at 35973.71.Both benchmarks recovered from the low of the
Bonus Meet day on short coverings ahead of derivatives expiry. Markets discounted
Indo US BIO (7-3-2019) Indian Air force action against terrorism. Capital Goods, Banking
counters lead the doom and got support from Mid and Small cap seg-
Right Issue ment. FIIs were the net buyers for the day.
Bharti Airtel (19 for 67) IAF's action being praised and welcome by one and all brought back
market mood and we marked higher opening. However, derivatives
Dividend expiry kept a tab on general sentiment and Pakistan's reaction to entire
Announcement event raised concern. Amidst such a scenario, ON Wednesday NSE
United Drilling (6%),
Elantas Beck (45%), HDFC closed at 10806.65 with a mere loss of 28.65 points and BSE Sensex
AMC (240%), Sanofi (660%), ended the day at 35905.43 with a small deficit of 68.28 points. Amidst
Standard Chartered PLC (15 rising volatility, FIIs remained net buyers. Mounting tension over Indo-
cents), KSB Ltd (60%), Pak war kept operators on a caution as they were offloading at every
Merck Ltd. (240% + 4160%)
Vesuvius India (70%), REC rise.
Ltd (110%), ABB India Thursday being derivatives expiry day marked choppy trades in a
(240%), NALCO (90%) etc. range bound movements. While NSE Nifty lost just 14.15 points to end
Financial Weekly

INVESTMENT
the day at 10792.50, BSE Sensex posted deficit of mere 37.99 points to close at 35867.44. Lower
economic and infra sector growth raised concern. Despite hat trick of negative closing, FIIs were
net buyers for the day. Rising fiscal deficit was a major concern as opined by seasoned observers.
Friday again witnessed opening with positive bias and remained in green territory for the day till
close. NSE Nifty scored 71.00 points to close at 10863.50 and BSE Sensex gained 196.37 points
to end the day at 36063.81, Thus while Sensex closed above 36K, Nifty failed to see through 11K
for the entire week. Select defense and auto counters gained on positive reports for the sectors.
During the week so far, dividend announcement came in from United Drilling (6%), Elantas
Beck (45%), HDFC AMC (240%), Sanofi (660%), Standard Chartered PLC (15 cents), KSB Ltd
(60%), Merck Ltd. (240% + 4160%) Vesuvius India (70%), REC Ltd (110%), ABB India (240%),
NALCO (90%) etc.
During the week scrip turned ex-bonus included Maximus (1 for 1) and Vishal Bearings (4 for 5).
During the week Bharti Airtel announced rights issue in the ratio of 19 for 67 shares.
Dollar weaken a bit to around Rs. 70.85 for the week, Crude Oil (Brent) too eased a bit around
66.15 $ a barrel. Ensuing week will have just four sessions as Monday is a holiday on account of
Mahashivratri. In opening for the ensuing week, it will mirror the global sentiment coupled with auto
and cement sector dispatch data that were announced post noon on Friday. Global and domestic
economic data will be at center stage for a while. Hence market may move sideways in absence of
any major factors. Friday late eve report of U S Consumer spending falling for first time in last two
years may have cascading impact on next week's opening. Geopolitical tension will keep a tab on
general sentiment for a while.
Amidst such a scenario NSE Nifty and BSE Sensex may hover between 11300-10300 and
36600-35200 respectively for the ensuing week.
Indo US Bio to held board meet on 07 March 2019 to consider bonus issue.
DISCLAIMER : No financial information whatsoever published anywhere here should be construed as an offer to buy or sell securities, or as advice to do so in
any way whatsoever. All matter published here is purely for educational and information purposes only and under no circumstances should be used for making
investment decisions. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on information published here. Any
reader taking decisions based on any information published here does so entirely at own risk. Above information is based on the details available as on the date
along with market perceptions. Investors should bear in mind that any investments in stock markets are subject to unpredictable market related risks. (THE
AUTHOUR IS SEBI REGISTERED RESEARCH ANALYST)
Sensex-Nifty is at life highs

But Your portfolio is still down by 30-50% ???
You want to reshuffle
your loss making stocks into profitable ones ?
For register whatsApp - Your name,
Mobile number, City on
7744804098
Financial Weekly

INVESTMENT
Scrip Watch - Dilip K. Shah
TCI Express (Rs. 648.00) (Code : 540212) (F. V. : 2.00) : Third-party express
logistics service provider TCI Express (TCIX) reported yet another strong quarterly performance in Q3
FY19. The company reported healthy topline performance, with mid-teen growth in revenue and an expan-
sion in operating margin. The management is upbeat on the growth outlook and expects the company to
deliver high double-digit volume growth along with an improvement in margin over the next few years.
Revenue for the quarter under review increased 15 percent to Rs 247 crore on the back of a 11 percent
growth in business volume. Besides, prices hikes in certain segments also contributed to growth in topline.
EBITDA came in 29 percent higher than last year at Rs 31 crore as margin expanded further to 11.8
percent. Capex outlay for the next four years is pegged at Rs 400 crore. The management seems confident
in achieving 15-16 percent volume growth for the next 2-3 years. After 10 pcer cent correction in January,
the stock has recovered the loss in February. The stock is worth accumulation.
GAIL (Rs.343.00) (Code : 532155) (F. V. : 10.00) : Reliance Securities has initiated
coverage on GAIL India with a buy recommendation and an SOTP-based target price of Rs 382, implying
12 percent upside. The brokerage expects the state-owned natural gas distributor to witness 9 percent
earning CAGR through FY19-21E backed by swing in gas volume from HVJ (Hazira - Vijaypur -Jagdishpur)
(low tariff) to DVPL (Dahej-Vijaipur pipeline) (higher tariff), as the company will continue to swing in gas
volume from HVJ to DVPL. Further the Petroleum and Natural Gas Regulatory Board (PNGRB) is likely to
upwardly revise HVJ and DVPL tariff in next 6-8 months, it said, adding post simulating the impact of final
orders for HVJ and DVPL, model suggests that the tariff for DVPL can increase by Rs 11.5/MMbtu, while
HVJ can witness rise by Rs 31.1/MMbtu. GAIL pleads for a flat tariff of Rs 57/MMbtu for its major pipelines
versus existing average of Rs 39/MMbtu. In case unified tariff is approved, GAIL's EBITDA could rise by
Rs 2,390 crore in FY20, said the brokerage house. GAIL has introduced Metallocene a value-added prod-
uct, which will improve the overall petrochemical realisation and expected to contribute 15 percent to the
total sales volume. Buy.
Future Retail (Rs. 432.00) (Code : 540064) (F. V. : 2.00) :- Future Retail Ltd, a
part of the Kishore Biyani-led Future Group, has signed a master franchise agreement with US-headquar-
tered 7-Eleven Inc to operate the Indian stores of the world's largest convenience store chain. SHME Food
Brands, a subsidiary of Future Retail, will open the first Indian stores under the 7-Eleven brand starting this
year. It will also re-brand some of its existing stores. As per the agreement, 7-Eleven will initially sell bever-
ages, snacks and immediately consumable fresh foods among other products. It will join the ranks of US
retail giants such as Walmart and Amazon in building an Indian presence. 7-Eleven is owned by Japan's
Seven & i Holdings. It operates over 67,000 stores in 17 countries including the US, Canada, Mexico,
Japan, Thailand, South Korea, Taiwan and China. Future Retail stock has corrected significantly in last two
months. It is a good opportunity to enter into this counter. Buy.
Disclosures as per SECURITIES AND EXCHANGE BOARD OF INDIA (Research Analysts) Regulation, 2014; • I and / or my clients may have investment in this
Financial Weekly

INVESTMENT
Market Tips - Dilip K. Shah
Ramco Cements (Rs. 689.00) (Code : 500260) (F. V. : 1.00) :- Ramco Cements
rallied last Wednesday after global investment firm Deutsche Bank raised price targets on likely strong
growth in South India cement business.It said that Margin cycle is turning favourable in south. Hence,
Ramco is the preferred play on South India. Ramco gets 70 percent of its volumes in South.Deutsche
upgraded its rating on Ramco Cements to buy and raised price target to Rs 750 from Rs 630 earlier as it
estimates at 32 percent EPS CAGR in FY19-21 driven by 11 percent CAGR in volumes.The Ramco Ce-
ments, a prominent cement producer in south India, is undertaking one of its largest capital expenditure
programmes by investing Rs.3,430 crore in a greenfield cement unit in Andhra Pradesh and in brownfield
expansion across two States over the next 24 months.The greenfield and brownfield expansions will take
the total production capacity of Ramco Cements in Andhra Pradesh to about 10 MTPA, making it the largest
cement producer in the State. The stock is worth accumulation.
IPCA laboratories (Rs. 853.00) (Code : 524494) (F. V. : 2.00) :- IPCA has
reported better Q3 numbers. It has shown strong profitability and strong EBITDA margins(24.5%). Rev-
enues grew 10.3% yoy to Rs 947.6 crore due to 10% growth in domestic formulations to Rs 421.6 crore
EBITDA margins improved 569 bps to 24.5% due forex gain, strong gross margins and lower employee
cost. EBITDA grew 43.7% YoY to Rs 231.7 crore. Net profit grew 51.7% to Rs 160.2 crore mainly due to a
strong operational performance. Overall, things are looking much stable over the course of the next two to
three years both on the revenues and margins front. With growing influence of ex-US segments in earnings,
the company will continue to remain a compelling bet at this level given the FY18–21E growth prospects -
sales, EBITDA and PAT CAGR of 14%, 18% and 20%, respectively. Japanese brokerage house Nomura
has retained its buy call on Ipca Laboratories and raised price target to Rs 1,005 from Rs 915 apiece after
revising earnings growth estimates upward. It expects company to deliver 43 percent earnings CAGR over
FY18-21, but it has not factored in warning letter resolution & commencement of supplies to US. Buy.
Emami (Rs. 396.00) (Code : 531162) (F. V. : 1.00) :- Emami Group promoters has
sold 10 per cent stake in the FMCG flagship Emami Ltd in a block deal to raise Rs 1,600 crore from a group
of investors which includes SBI Mutual Fund, PremjiInvest, Amundi, IDFC and L&T Mutual Fund amongst
others which will help reduce promoter debt. Promoters used to fund newer businesses like cement and
solar power. Post the stake sale, promoter holding in Emami Ltd will stand at 62.74 per cent and the promot-
ers have no immediate plan of further equity dilution. Apart from FMCG, the group is also into several other
businesses such as cement, edible oil, newsprint, retail which includes a pharmacy chain Emami Frank
Ross, bio-diesel, hospitals, art and real estate. Emami reduced its debt from Rs 390 crore in FY17 to Rs
118 crore in FY18. As of quarter ended December 2018, the promoters had pledged 47.58 per cent of their
total holding. In Emami Paper Ltd, the promoters have pledged 61.75 per cent shares out of their total
holding of 74.97 per cent. There will be more value unlock in future. Buy.
Vardhman Textiles (Rs. 1055.00) (Code : 502986) (F. V. : 10.00) : Vardhman
Textiles has reported financial results for the period ended December 31, 2017. Revenues grew 5% yoy to
Rs 1729 crore. Revenues from the textile segment grew 5% to Rs 1658 crore while acrylic fibre reported
revenue growth of 11% to Rs 96 crore Gross margins for the quarter improved 516 bps to 48.4%. Subse-
quently, EBITDA margins improved 400 bps YoY to 17.8%. Absolute EBITDA grew 36% to Rs 307 crore.
EBIT margins for the textile segment expanded 710 bps to 18.1% whereas the acrylic segment registered
an EBIT loss of Rs 7.5 crore in Q3FY19 compared to profit of Rs 17.41 crore in Q3FY18. Higher other
income (up 61% YoY to Rs 60.4 crore) aided PAT growth. Resultant PAT grew 44.4% YoY to Rs 195.8
crore. EBITDA margin is expected to be range bound at 17-18% for FY19E, FY20E. Buy.
Disclosures as per SECURITIES AND EXCHANGE BOARD OF INDIA (Research Analysts) Regulation, 2014; • I and / or my clients may have investment in this
Financial Weekly

INVESTMENT
SMART TIPS Smita N. Zaveri
Aditya Birla Capital (Rs. 92.00) (Code: 540691) :- A part of the Aditya Birla Group,
the company provides financial services to NBFCs, housing finance companies, life and health
insurance companies, and asset management companies. In the first nine months, it got 35% of
income from NBFC segment, 42% from life insurance segment, nine percent from asset manage-
ment, and six percent from housing finance. For the December quarter, it reported income of Rs.
3,782 crores, and net profit of Rs. 193 crores. The share is trading at a forward PE multiple of 21. It
can be seen crossing Rs. 100 in the short term, and Rs. 125 in the medium term. Promoter holding
is 72.74%.
Gujarat Borosil (Rs. 99.00) (Code: 523768) :- Shares of this construction materials
company are listed in XC group and have face-value of Rs. 5. The share touched a 52-week high
of Rs. 142 and low of Rs. 81. Promoter holding is 74.95%. The company has a modern seat glass
plant at Bharuch. It forayed into low iron solar glass a few years ago, which has applications in
photovoltaic panels, flat panel collectors and green houses. For December quarter, income de-
clined 7.38% to Rs. 49 crores, whereas profit fell 73% to Rs. 0.56 crores. EBIDTA declined 15% to
Rs. 9.27 crores. The stock can give 10-15% returns in the short to medium term.
Subros (Rs. 245.00) (Code: 517168) :- The B Group listed shares touched a 52-week
high of Rs. 379 and low of Rs. 206. Subros is a manufacturer of air conditioners used in automo-
biles and is a monopoly player. It makes ACs for cars, buses, railway, and transport trucks. It is
expected to gain from growing sales of Maruti Suzuki, Tata Motors, and Mahindra & Mahindra. The
company is also in the process of expanding its capacities. For FY 2017-18, it reported income of
Rs. 1,969 crores and profit of Rs. 60.62 crores. For December quarter, income rose 14% to Rs.
510.69 crores, while profit went up by 5% to Rs. 17.19 crores. Trading at a PE multiple of 18, the
stock can be seen crossing Rs. 280-290 levels in the short to medium term.
MRPL (Rs. 65.00) (Code: 500109) :- The shares of this refiner are listed in A group and
have face value of Rs. 10. The shares touched a 52-week high of Rs. 121 and low of Rs. 60. It is the
third largest refiner after HPCL and BPCL. Promoter holding is 88.58%. It had paid 60% dividend
last year. The dividend yield works out at 2.93%. For 2017-18, it reported income of Rs. 63,083
crores and profit of Rs. 2,224 crores. For December quarter, income went up by 26.6% to Rs.
17,860 crores. It reported loss of Rs. 268 crores, which declined by 127%. The stock is quoting
near the 52-week low. It can give 10-15% returns in the medium to long term. ICICI Direct has given
a ‘Buy’ rating on the stock with a target price of Rs. 75.
SEBI Registered Research Analyst)

* Disclosure :- The author has not brought / sold any stock advised in this news paper during last one month • All stocks rates
/ indices on 1st March,2019 unless specified o Stoploos is useful for Short - Medium term investors only
* Disclaimer :- • Smart Investment will not be responsible / for any loss arising out of investment based on its recommendation.
• Though, every care has been taken, we will not responsible for any errors / omissions • All disputes are subject to Ahmedabad
jurisdiction
Financial Weekly

INVESTMENT
Smart super duper - Dilip K. Shah
Mahindra Logistics (Rs450.00)

(Code:540768) :- Mahindra Group promoted company
came up with IPO last year at price of Rs429 and it went up
after listing. However, now it has got corrected. In the first nine months of FY2019, the company's
income increased from 2523.46 crore to Rs2836.66 crore, while profit increased from Rs43.50
crore to Rs62.11 crore. The company's equity is Rs71.37 crore. The logistics company may get
benefit of amendments in GST and also due to backing of Mahindra Group. The stock can give
handsome return in long term so it can be included in the portfolio at current market price. Mutual
funds hold 9.75% and FII hold 9.81% stake in the company. MF increased their stake by 2.42% in
December quarter.
REC (Rs.137.00) (Code:532955) :- It is an NBFC, which
provides finance in power sector. In this Government promoted com-
pany, the Government holds 52.85% and public hold 47.15% stake.
It provides finance to state electricity board, power utilities, state
governments, rural electric cooperatives, NGO and private power generators. It is a NavRatna
company. In the first nine months, the company has registered profit of Rs4508 crore on income of
Rs18418.39 crore with EPS of Rs22.82. It paid 91.5% dividend for 2018 and has declared 110
dividend for 2019. As against equity of Rs1974.92 crore, the company has reserves of Rs33897
crore. PFC is likely to acquire the Government's stake so both the companies will benefit from it.
The stock prices have gone up in last six months so it can be bought at any correction in the prices.
Torrent Power (Rs.245.00) (Code:532779) :- Majority of

the company's power plants are gas based so the company's bottom
line has benefitted from lower gas prices. The company has power gen-
eration capacity of 3202 megawatt. Lower gas prices have helped the bottom line to grow. It is
engaged in power distribution in Ahmedabad, Gandhinagar, Surat and Bhiwandi. It has recently
hike power prices in Ahmedabad. As against equity of Rs480.62 crore the company has reserves
of Rs7238.91 crore. In the third quarter of 2019, the company's income increased from Rs2748.53
crore to Rs3253.5 crore, while profit increased from Rs204.93 crore to Rs236.96 crore with EPS of
Rs4.93 crore. The stock is being quoted at attractive valuation. The stock can be considered for
investment in phased manner.
JK Lakshmi Cement (Rs.327.00) (Code:500380) :-

Singhania Group promoted medium size cement company has good
presence in Gujarat and North India market. NDA government's fo-
cus on infrastructure sector will benefit the cement companies. It is
setting up a plant with manufacturing capacity is 11 million ton to
enter into the South Indian Market. In the first nine months, the
company's income has increased from Rs2103.69 crore to
Rs2515.20 crore, while profit has decreased from Rs61.15 crore to Rs50.12 crore. The promoters
hold 45.94% and public hold 54.06% stake in the company. The stock can be accumulated at the
current market price. It may give good return in 6-9 months. It paid 15% dividend for 2018.
Financial Weekly

INVESTMENT
Di wan-E-Khas A.J. Diwan (Mumbai)

E-mail : divanconsultancy@rediffmail.com
Time being sale on rise

After boarder problems, markets are not sus-
tained at higher levels. The approach of traders
and investors should be scrip spaspic.on the last
day of F&O, Market closed below 10800. The
closing is also below 200 days moving average.
Nifty may trade in the range of 10750 and
10850.in any circumstances nifty should not close
below 10730.if broken below this level, we may see bad days for bulls. On upper side 10920/940
is resistance. At higher levels there is possibility of selling.
GDP Growth ; in hours of grief. We have bad news on economic fronts.gdp growth has come
lowest of five years at 6.6%on Thursday appreciation of rupee against dollar may vanished.
The market analysts Shri Shankar Sharma has predicted fall in the market. He has gone to the
expect that if NDA regain power again, Still fall s possible.
ICICI Bank ; On Thursday around rs.346 some accumulation was seen but we feel that traders
should short at higher level.
Sun Pharma ; For short term traders, This share may help bulls. Buy between 440/445 with s/l
of Rs. 535.the expected price is 460/465.
TVS motor is highly volatile. Our observation is in first hour of trading share is rigged up to sale.
it falls rs.5/7 from higher levels. Good for intraday.
Bata ; this share was in bulls grip in last few days. But now bulls have given up. Sale on any rise
is advise.
ADAG shares. Reliance capital taking support around rs.165. Good accumulation seen. Hold
with s/l of 160 foe target of Rs178.
Reliance infra is very well. Sale on rise.
Tatasteel ; buy on declines/l is rs.495 and target of rs.515.
Jet Air ; high risk traders can buy around rs.215 with strict s/l of rs.210.the target is rs.225.
This week some buying expected in Nalco and Oriental bank and selling expected in DHFL,
MCX and TCS
Financial Weekly

INVESTMENT
Nifty & Sensex Movement during the last week

NSE - Nifty Open High Low Close Diff
25-Feb-19 10813.25 10887.1 10788.05 10880.1 88.45
26-Feb-19 10775.3 10888.75 10729.3 10835.3 -44.8
27-Feb-19 10881.2 10939.7 10751.2 10806.65 -28.65
28-Feb-19 10865.7 10865.7 10784.85 10792.5 -14.15
01-Mar-19 10842.65 10877.9 10823.1 10863.5 71
Net Weekly Gain 71.85
Date Open High Low Close Diff
25-02-19 35,983.80 36,242.18 35,901.06 36,213.38 341.90
26-02-19 35,975.75 36,172.52 35,714.16 35,973.71 -239.67
27-02-19 36,138.83 36,371.11 35,735.33 35,905.43 -68.28
28-02-19 36,025.72 36,085.85 35,829.15 35,867.44 -37.99
01-03-19 36,018.49 36,140.67 35,952.41 36,063.81 196.37
Net Weekly Gain 192.33
Think about NIFTY FUTURE ?

Think
WWW. NIFTYPREPAID.COM
Enjoy REAL Profit !!!!
Make CONSISTENT Profit !!!!
8401810865
Financial Weekly

INVESTMENT
Investment Ideas telegram.me/rupeegains7
NIFTY :- For next week NIFTY has strong support around 10785 levels. Break will take it to
10730 levels. On the upper side NIFTY will face strong hurdle at 10940 levels, cross over with
volume and close above will create short covering at take NIFTY up to 11040-11120 levels…
BANK NIFTY :- For next week BANK NIFTY has strong support around 26920 levels. Break
will take it to 26760-26720 levels. On the upper side BANK NIFTY will face strong hurdle at 27190
levels, cross over with volume and close above will create short covering at take BANK NIFTY up
to 27305-27480 levels…
INVESTMENT IDEAS…
Last week recommended SAHYADRI INDUSTRIES zoomed 9% in a week while
KALPATARU POWER zoomed 15% during the week.
INDRAPRASTHA MEDICAL CORP. LTD

(532150 & NSE) (37.5) (Face Value: Rs.10)
Incorporated in 1988, Delhi based Indraprastha Medical Corporation Limited provides medical
services. It is having hospital in Delhi.
It has an equity base of Rs.91.67crore that is supported by reserves of around Rs.140.64crore.
The Promoters hold 51% (Apollo Hospital group hold 25% and Government of India hold 26%),
HDFC holds 6.71% stake while the investing public holds 42.29% stake in the company.
Company has posted superb numbers for Q3FY19 & 9MFY19. During Q3FY19, its net profit
zoomed 29.04% to Rs.7.12crore from Rs.5.52crore in Q3FY18 on higher income of Rs.198.20crore
in Q3FY19 fetching an EPS of Rs.0.78. During 9MFY19, its PAT soared 37.11% to Rs.21.28crore
from Rs.15.52crore in 9MFY18 on higher income of Rs.587.75crore fetching an EPS of Rs.2.32.
Company has reported higher PAT in 9MFY19 than FY18. Stock is trading at P/E ratio of just 12.6x
which is cheapest against all peers.
IMCL is a regular dividend paying company and it has paid 15% dividend for FY18. At the
current share price of Rs 37.6 this result in a dividend yield of 4% which is highly attractive. Its 52
week high rate is Rs.59.9. Stock almost corrected 37% from 52 week high.
Government has announced Ayushman Bharat health insurance scheme in September 2018
and till December-18 more than 6.95 lakh people benefited from this scheme and 68% patients
have treated in private hospitals. Government has spent Rs.935crore till now. This figure clearly
indicates that, this scheme is beneficiary for private hospitals. Apollo Hospital is trading above
38% from its 52 week low price while IMCL is available near 4 year's low price.
Everyone, whose financial advisor is allowing to trade in this stock for medium to long term can
watch with a stop loss of Rs.31.
CANTABIL RETAIL INDIA LTD

(533267 & NSE) (240.35) (Face Value: Rs.10)
Stock has shown one side rally in last 2 months. Huge buying seen in this counter during last 2
months. Stock is looking strong on chart and something is cooking in this counter also. Everyone,
whose financial advisor is allowing to trade in this stock for short term can watch with a stop loss of
Rs.230.
Financial Weekly

INVESTMENT
KEI INDUSTRIES LTD

(517569 & NSE) (350) (Face Value: Rs.2)
KEI Industries Limited manufactures and supplies power and other industrial cables in India
and internationally. During Q3FY19, its PAT zoomed 24% to Rs.48.39crore from Rs.39.03crore on
22.37% higher sales of Rs.1087.49crore fetching an EPS of Rs.6.14. Everyone, whose financial
advisor is allowing to trade in this stock for medium to long term can watch with a stop loss of
Rs.300.
NOCIL LTD
(500730 & NSE) (140.45) (Face Value: Rs.10)
NOCIL Limited manufactures and sells rubber chemicals in India and internationally. It is a Part
of Arvind Mafatlal Group. During 9MFY19, its net profit soared 26% to Rs.148.32crore from
Rs.117.66crore in 9MFY18 on 12.32% higher sales of Rs.801.32crore fetching an EPS of Rs.8.98.
At CMP stock is trading at PE ratio of 11.5x. Everyone, whose financial advisor is allowing to trade
in this stock for medium to long term can watch with a stop loss of Rs.115.
Disclosures: At the time of writing this article, author, his clients & dependent family members may have positions in the stocks mentioned above. The author,
his firm, his clients or any of his dependent family members may make purchases or sale of the securities mentioned in website. Author may have positions in above
stocks so have vested interest obviously in their going up or down as the case may be.
Disclaimer: Investing in any equity is risky. Our recommendations are based on reliable & authenticated sources believed to be true & correct, and also is
technical analysis based on & conceived from charts. Investors should take their own decisions. We assume no responsibility for any transactions undertaken by
them. The author won't be liable or responsible for any legal or financial losses made by anybody.
Financial Weekly

INVESTMENT
MARKET TREND NIKHIL BHATT

(+919979380808)
WWW.INVESTMENTPOINT.IN
PERIOD : 4-3-2019 to 8-3-2019
NIFTY FO RANGE @ 10870 TO 10960 POINT

IN SHORT TERM…!!!
Dear Traders…. For the Trading Period on 04.03.2019 TO 08.03.2019
NIFTY FO CLOSED @ 10915 AS ON 01.03.2019
NIFTY FO has resistance at 10933 - 10947 Point; above which other resistance levels are at 10960 -
10979 Point with highly Volatile Trend, In Downside support levels are at 10870 - 10848 Point; below 10848
Point, other support levels are at 10830 - 10808 Point.
I am positive for next bullish trend only above @ 10979 Point but be with the trend. Let the market decide
further moves. As we are saying from many days Buying is suggested in falls only...and it's still a better
strategy in the given Scenario...!!!
Regarding Long term positions, it is preferable to remain cautious now...!! If NIFTY FO crosses @
10979 Point, again then the upper side target is quite high and it may touch @ 11003 Point in short term...!!!
BANK NIFTY FO CLOSED @ 27189 AS ON 01.03.2019
BANK NIFTY FO Range @ 26880 TO 27505 Point In Short Term…!!!
BANK NIFTY FO has resistance at 27270 - 27303 Point; above which other resistance levels are at
27373 - 27404 Point with highly Volatile Trend, In Downside support levels are at 27027 - 26970 Point;
below 26970 Point, other support levels are at 26909 - 26880 Point.
I am positive for next bullish trend only above @ 27474 Point but be with the trend. Let the market decide
further moves. As we are saying from many days Buying is suggested in falls only...and it's still a better
strategy in the given Scenario...!!!
Regarding Long term positions, it is preferable to remain cautious now...!! If BANK NIFTY FO crosses
@ 27474 Point, again then the upper side target is quite high and it may touch @ 27505 Point in short
term...!!
Golden Stocks For Trading For the date - 04.03.2019 to 08.03.2019
HDFC BANK (2094) : It is suggested to Buy @ Rs 2073 with SL of Rs 2067 for the target of Rs 2108 -
2120; below Rs 2067 it can fall up to RS 2053 - 2044 levels. If it crosses Rs 2120 level than expect nonstop
rally up to Rs 2133....!!
DIVIS LAB (1675) : Trading point of view Buy @ Rs 1660 With SL of Rs 1653 for the target of Rs 1688
- 1696 level below Rs 1653 It can show further downfall up to Rs 1647…..!!!
ASIAN PAINT (1403) : Buy @ Rs 1386 levels considering minor support of Rs 1380 and stop loss of
Rs 1373 for an upper target of Rs 1414 - 1420 levels. Below Rs 1373 it can slip up to RS 1367 - 1360
levels…!!!
LARSEN LTD (1308) : Buy @ Rs 1288 levels considering minor support of Rs 1280 and stop loss of
Rs.1277 for an upper target of Rs 1323 - 1330 levels. Below Rs 1277 it can slip up to RS 1273 - 1270
levels…!!!
KOTAK BANK (1230) : Buy @ Rs 1212 levels considering minor support of Rs 1207 and stop loss of
Rs 1200 for an upper target of Rs 1247 - 1260 levels. Below Rs 1200 it can slip up to RS 1193 - 1188
levels…!!!
DEN NETWORK (73) : Delivery base Buy @ Rs 67 of this stock near @ Rs 63 with SL of Rs 60 for the
Cont.....
Financial Weekly

INVESTMENT
target of Rs 77 - 82 level. It is very good for medium term position also…!!!
HITECH CORP. (98) : This stock is looking very good to Buy @ Rs 90 with SL of Rs 86 for the target
of Rs 106 - 112 Levels below Rs 86 is stock shall witness free fall…!!!
TCS LTD (2004) : It is suggested to Sell with SL Rs 2030 for the target of Rs 1988 - 1980 below @ Rs
1980 it can slip up to Rs 1973 - 1960 level. Above Rs 2030 level will take the stock to Rs 2047 - 2067…!!!
HDFC LTD (1866) : It is suggested to Sell @ Rs 1883 with SL of Rs 1890 for the target of Rs 1855 -
1847 ; below Rs 1847 it can fall up to RS 1840 - 1833 levels. If it crosses Rs 1890 level than expect
nonstop rally up to Rs 1897....!!
BATA INDIA (1288) : It is suggested to Sell with SL Rs 1308 for the target of Rs 1273 - 1260 below @
Rs 1260 it can slip up to Rs 1253 - 1247 level. Above Rs 1308 level will take the stock to Rs 1313 - 1330..!!!
HCL TECHNO. (1064) : It is suggested to Sell @ Rs 1080 with SL of Rs 1088 for the target of Rs 1052
- 1040 below Rs 1040 it can fall up to RS 1037 - 1030 levels. If it crosses Rs 1088 level than expect
nonstop rally up to Rs 1097....!!
Note: - Before Act Please refer Terms & conditions, Disclaimer on www.nikhilbhatt.in
Buy or Sell, Confused ?

Let the EXPERTS Help You
Join our Service for 1 Month & We are
Sure. You will be our Lifetime Member
Equity & Commodity Tips
Call Us : 91-9930011789
www.shareinfoline.com
Financial Weekly

INVESTMENT
Primary Market - Dilip K. Shah
Due to Tension of War and possibility of delay in Lok Sabha elections…

Four to Six month vacation may be witnessed in New IPO in the primary market
As no new Mainboard or SME IPO has been announced Primary Market slips into silence
Mahip Ind's SME IPO got 1.5 times subscription: May give good return and dividend in medium term
SME IPO of Mindpool got listed at offer price, JonJua at premium and Kranti at discounted price
Manappurm's NCDs issue got closed with poor response and IB Consumer issue got average response
Muthoot Fin's NCDs issue has got good response from beginning so may get close ahead of schedule
L&T's Rs1500 crore NCDs issue will open on March 6 and close on March 20
The effect of tension between India and Pakistan can be seen not only in the secondary market but also in the
primary market. Moreover, there is also a possibility that Lok Sabha elections get delayed. So some of the
companies that were sitting on the fences and were expected to enter into the market between Interim Budget
and Lok Sabha elections are now likely to postpone their plans. None of the IPOs except Xelpmoc Design and
Chalet Hotels that entered into the market in last week of January, have entered into the market in calendar year
2019. Sebi approval for IPO has lapsed in case of many companies.
However, SME IPOs kept momentum going in absence of main board IPOs. But majority of the SME
IPOs have been managed and they got only 1-2 times subscription, which indicates at fading out of inves-
tors' interest. Don't be surprised if primary market witness 4 to 6 months of long vacation due to possibility
of Indo-Pak war and delay in Lok Sabha elections.
One silver lining is long queue of NCDs issues in absence of mainline and SME IPOs.
Last week one SME IPO - Mahip Ind - and three NCDs issues were in the market, of which Mahip Ind's
SME IPO and Manappurm Fin and Indiabulls NCDs issues have got closed. Only Muthoot Fin's NCDs
issue is in the market.
* This week L&T Fin's NCDs issue will enter into the market.
* SME IPOs:-
Mahip Ind Subscription :- The issue with fixed price of Rs32 opened on February 26. Rs16.63 crore
issue got good response from the beginning with 0.69 times subscription on day one and 1.150 times on the
last day March 1, 2019.
Considering strong fundamentals and bright future due to expansion, the stock may give good return in
six months. Looking at strong financial performance in last 17 months, the company may give good divi-
dend along with results of March 31, 2019.
Subscription Figures of SME IPO (Dt. 1-3-2019)
IPO Listing Day Subscribed
Mahip Industries BSE SME Issue Closed on 1-3-2019 1.46x
Listing Information of BSE / NSE SME IPOs

Co. Name BSE Listing Offer Listing Listing Listing Listing CMP
Code Date Price Price Day Day Day
(Rs.) (Rs.) High Low Close 1-3-19
Kranti Industries (BSE SME) 542459 28-2-2019 37.00 35.25 37.00 35.25 36.95 36.15
Jon Jua Overseas (BSE SME) 542446 25-2-2019 10.00 12.00 12.00 11.40 11.40 10.90
Mindpool Tech. NSE SME 28-2-2019 30.00 30.00 30.00 28.50 28.50 27.10 Cont...
Financial Weekly

INVESTMENT
Maharashtra-based
GKP Printing & Packaging
files DRHP with BSE SME for IPO
Maharashtra Palghar-Thane based GKP Printing and Packaging Ltd plans to enter into
the market to raise Rs658 crore by offering 20.56 lakh equity shares with face value of
Rs10 a share at offer price of Rs32 a share. It has filed DRHP with BSE SME exchange.
The company is planning IPO to fulfill working capital requirement. The promoters are
Keval Harshad Goradia and Payal Keval Goradia. As on September 2018, the company's
equity was Rs371.49 lakh, and Networth was 571.30 lakh. The company clocked profit of
Rs2 crore on income of Rs13.30 crore. The book value was 15.18. Pre-issue equity capital
is 52,76,944 and post issue it will be 73,32,944. Lead Manger is Holani Consultant Pvt Ltd
and Registrar is Link Intime.
* SME IPO Listing:-

Subscription figure of
JonJua Overseas (542446) :- BSE SME IPO with offer price of Manappuram Finance NCDs
Rs10 got listed with 20% premium at Rs12 and went down to Rs11.40 Category No. of Bond Issue
and closed at the same price. It went down further to close at Rs10.90 Issue Closed Offered/ Subscribed
on March 1. on 27-2-2019 Reserved 27-2-2019
Cat. I (Inst.) 1,50,000 0.00x
Kranti Industries (542459) :- The issue with fixed price of Rs37 Cat. II (Non Inst.) 1,50,000 0.14x
got listed on February 28 at discounted price of Rs35.25 and went up Cat. III (HNI) 4,50,000 0.37x
Cat. IV (Retail) 7,50,000 1.78x
to Rs37 and down to Rs35.25 before closing at Rs36.95. It went down
Total (Base Issue) 15,00,000 1.02x
further to close at Rs36.15 on March 1. Subscription figure of
Mindpool Technologies (NSE SME) :- The issue with fixed price Indiabulls Consumer NCDs
of Rs30 got listed on NSE SME at Rs30 and closed at discounted Category No. of Bond Issue
price of Rs28.50. On Friday, the stock closed at Rs27.10. Issue Closed Offered/ Subscribed
* NCDs issues :- Last week three NCDs issues were in the market of on 1-3-2019 Reserved 1-3-2019
Cat. I (Inst.) 5,00,000 3.01x
which Manappurm Fin and Indiabulls Consumer Finance have closed. Cat. II (Non Inst.) 5,00,000 4.84x
L&T Fin's NCDs issue will open on March 6. Cat. III (HNI) 7,50,000 0.69x
Cat. IV (Retail) 7,50,000 3.02x
Manappurm Fin :- The issue with base price of Rs150 crore and
shelf limit of Rs1000 crore opened on January 28. The issue got 1.02 Subscription figure of
times subscription of its base price that also on the last day. Muthoot Finance Ltd. NCDs
Indiabulls Consumer Fin :- The issue with base price of Rs250 Category No. of Bond Issue
crore and Shelf Limit of Rs3000 crore was scheduled to close on March Offered/ Subscribed
4 but it was closed on March 1. It got only 2.68 times subscription on Reserved 1-3-2019
Cat. I (Inst.) 2,00,000 0.00x
its base price. As against target of Rs3000 crore, the issue has got Cat. II (Non Inst.) 2,00,000 0.16x
only Rs700 crore which can be considered at average response. Cat. III (HNI) 3,00,000 2.54x
Cat. IV (Retail) 3,00,000 14.48x
Muthoot Fin :- As against target of raising Rs750 crore, the com-
Financial Weekly

INVESTMENT
Non Convertible Debenture (NCD) Issues at a Glance

Sr Company Issue Open Bond size F.Value Min. Listing Rating Recomm.
Issue Close (Rs. Cr.) (Rs.) App.
1. Muthoot 14-2-2019 Base Size of Rs. 100 Cr. 1,000/- 10 NCDs BSE AA (Stable) by ICRA Apply
Finance 14-3-2019 with an optionto retain (Rs.10,000) & for
Shelf Limit Rs. 650 Cr. Lead manager : AA/Stable by CRISIL Minimum
(Aggregating up to Edelweiss, A.K. Capital Period
Rs. 750 Cr.)
2. L&T 6-3-2019 Base Size of Rs. 500 Cr. 1,000/- 10 NCDs BSE AAA / Stably
Apply for
Finance 20-3-2019 with an optionto retain (Rs.10,000) NSE by Long Term
Shelf Limit Rs. 1000 Cr. Lead manager : ICRA, CARE, IND
(Aggregating up to Edelweiss, A.K. Capital,
Rs. 1500 Cr.) Axis Bank, Trust Invest
L & T Finance Ltd. (Tranche 1 Prospectus)

Series I II III* IV V VI
Frequency of Interest Payment Annual NA Annual Monthly Annual Monthly
Minimum Application Rs. 10,000 (10 NCDs) Across all Series
Face Value / Issue Price Rs. 1,000
In Multiple of thereafter Rs. 1,000
Tenor (Months) 37 37 60 60 120 120
Coupon (% per annum) for
NCD Holder in Category I & II 9.00% NA 9.10% 8.75% 9.20% 8.84%
Coupon (% per annum) for
NCD Holders in Category III & IV 9.10% NA 9.25% 8.89% 9.35% 9.98%
Effective Yield (% per annum) for
NCD Holders in Category I & II 9.00 9.00 9.09 9.10 9.19 9.20
Effective Yield (% per annum) for
NCD Holders in Category III & IV 9.10 9.10 9.24 9.25 9.34 9.35
Mode of Interest Payment Through Various modes available
Amount (Rs/NCD) on Maturity for
NCD Holders in Category I & II 1000 1304.93 1000 1000 1000 1000
Amount (Rs/NCD) on Maturity for
NCD Holders in Category III & IV 1000 1308.64 1000 1000 1000 1000
Put and Call Option NA NA NA NA NA NA
pany has raised Rs515 crore till now. The issue is scheduled to close on March 14 but considering good
response it may close ahead of the scheduled closing date.
L&T Fin :- Non banking finance company L&T Fin plans to raise Rs1500 crore in three parts of NCDs.
The issue that will open on March 6 and close on March 20 will have base price of Rs500 crore and shelf
limit of Rs1000 crore. In the first part, the company is offering bonds with maturity period of 36, 60 and 120
months. The interests for retailers are in range of 9.10-9.35%, while for institution it is in range of 9 to 9.20%.
The debt expenditure is 8.5% and the coupon rate is higher than 9% so it is not likely to reduce. It seems to
be a strategic move.
The issue lead manager is Edelweiss and AK Capital and issue trustee is Axis Trust Investment. ICRA,
CARE and IND has given AAA/Stable rating to the issue. Considering the possibility of FD rates going down, the
issue may give good return in long term. The issue may close ahead of scheduled closing date of March 27.
* Insight into the upcoming issues :- Muthoot Fin's micro finance company Muthoot Micro Fin plans to
enter into the market with OFS of Rs500 crore in mid-March. The promoters' stake will come down from
86% to 70%. It is active in Gold Loan Business since 2010.
Financial Weekly

INVESTMENT
Smart Best Buy S. N. Zaveri
Thermax : Slow down in Power projects will benefit

Titan : Jewellery business will perform better
M&M’s sales up in February, enters into shared mobility space
L&T Infotech : Client base broadens
Concor : Market leader has strong revenue visibility
Thermax (Rs. 994.00) (Code : 500411) (F. V. : 2.00) : Thermax Ltd. is a manufac-
turer of electricity-generation equipment. The company expects demand for captive power plants,
typically small units to meet the internal needs of a business, to rise in the next 4-5 years as invest-
ments in large power projects slow down and state utilities struggle to give reliable supplies. In-
dustries such as food processing, textiles, pharmaceuticals and automobiles are expanding ca-
pacities and will look at generating their own power. Generation capacity built for captive use has
risen more than 26 per cent through 2018 to 51.5 gigawatts, according to data from the Central
Electricity Authority. Meanwhile, Thermax has entered into a definitive agreement with Germany-
based Mutares Holding-24 AG and Balcke-Duerr GmbH to acquire their shareholding in its joint
venture Thermax SPX Energy Technologies Ltd. It owns 51% in the JV. The stock was at Rs.1247
exactlyone year ago. Now, it is trading at around Rs.990. Buy.
Titan Company (Rs. 1022.00) (Code : 500114) (F. V. : 1.00) : Shares of Titan
Company gained more than 20 per cent in last two months. Titan company has reported strong
growth of 41.6 per cent in net profit of Rs 416 crore in December quarter (Q3FY19). The company
had a profit of Rs 308 crore in the year-ago quarter. Titan’s sales income during the same period
grew by 35 per cent at Rs 5,632 crore against Rs 4,174 crore in the corresponding quarter of
previous fiscal. Titan’s jewellery business reported a robust 37 per cent sales growth mainly led by
grammage growth of 20 per cent. Jewellery segment EBIT (earnings before interest and tax) mar-
gin was higher at 13.3 per cent. Management continues to maintain a 15 per cent EBIT margin
target for the division. Buy.
M & M (Rs. 649.00) (Code : 500520) (F. V. : 5.00) : Mahindra & Mahindra Ltd.
(M&M Ltd.), a part of the USD 20.7 billion Mahindra Group, has announced its auto sales perfor-
mance for February 2019 which stood at 56,005 vehicles, compared to 51,127 units during Febru-
ary 2018, a growth of 10%.The company's domestic sales touched 52,915 vehicles during Febru-
ary 2019, as against 48,473 vehicles in February 2018, a growth of 9%. The Passenger Vehicles
segment (which includes UVs, Cars and Vans) sold 26,109 vehicles in February 2019, as against
22,389 vehicles in February 2018, registering a growth of 17%.In the Commercial Vehicles seg-
ment, the company sold 21,154 vehicles in February 2019, as against 20,946 vehicles in February
2018, registering a marginal growth. In the Medium and Heavy Commercial Vehicles segment,
M&M sold 686 vehicles for the month. Exports for February 2019 stood at 3,090 vehicles, a growth
of 16%. Meanwhile, M&M has forayed into the shared mobility space with the launch of Glyd, a
tech-based emobility service.The company launched the service for some select routes in Mumbai
and flagged off the first batch of 10 electric Mahindra Veritos under this initiative on February 25.The
service will allow video-conferencing and offer advanced connected car features such as curated
entertainment and music content. It is the company with one of the best management and integrity
which fits into the New India. Buy. Buy more at any decline.
Cont...
Financial Weekly

INVESTMENT
L&T Infotech (Rs. 1707.00) (Code : 540005) (F. V. : 1.00) : L&T Infotech (LTI)
has reported reasonably good set of numbers in Q3. Its net profit was Rs. 376 crore, down 6.2 per
cent q-o-q was impacted by Forex loss of Rs.6 crore versus forex gain of Rs.71.1 crore in 2Q.
Strong momentum in non-top-5 accounts (65.5 per cent of revenue) at 8.4 per cent q-o-q, while top-
5 (34.5 per cent of rev) decelerated to 0.6 per cent q-o-q. Revenue came at $347 million, 6.1/20.6
per cent q-o-q/y-o-y in CC terms. EBITDA was flat q-o-q at 20.6 per cent with lower gross margin.
Meanwhile, it has announced last week that it has agreed to acquire German IT consulting and
software services company Nielsen+Partner Unternehmensberater GmbH for an enterprise value
of €28 million ($31.5 million) in cash. It has strong account mining prowess led by ‘Minecraft’ and
‘ADEA’ programmes and marquee account base (63 from F-500). Dollar revenue/EPS is expected
to grow at 14/16 per cent CAGR over FY18-21. Buy in phased manner.
Concor (Rs. 478.00) (Code : 531344) (F. V. : 5.00) : Container Corporation of
India (Concor) is a leading rail freight transporter. The company has reported a mixed set of earn-
ings for Q4. Its total revenue increased 14 percent year-on-year (YoY) to Rs 1,657 crore on higher
volumes in both EXIM (export-import) and domestic business. EXIM volumes grew 6 percent, while
the domestic segment reported 9 percent jump. Adjusted operating margin improved 340 basis
points (bps) to 21.2 percent. The management is also exploring various opportunities both on do-
mestic as well as international front to tap into the freight and logistics market and emerge as an
integrated container rail solutions provider. The company has recently entered into agreement
with JSC RZD Logistics (Russia-based multi-modal logistics operator) for exploring logistic oppor-
tunities in Russia, India and the international corridor. Concor is currently trading at FY19 esti-
mated price-to-earnings multiple of 25 times. The company enjoys market leadership, healthy bal-
ance sheet and strong revenue visibility. Invest.
(SEBI Registered Research Analyst)

* Disclosure :- The author has not brought / sold any stock advised in this news paper during last one month • All stocks rates / indices on
1st March, 2019 unless specified o Stoploos is useful for Short - Medium term investors only
* Disclaimer :- • Smart Investment will not be responsible / for any loss arising out of investment based on its recommendation. • Though,
every care has been taken, we will not responsible for any errors / omissions o All disputes are subject to Ahmedabad jurisdictioner
Financial Weekly
Every Sunday Every Wednesday
English & Gujarati Edition Gujarati Edition

Financial Weekly

INVESTMENT
Dalal Street Whispers - Dilip K. Shah
Bharti Airtel (Rs. 308.00) (Code: 532454) :- The company's board has approved the
proposal to raise up to Rs. 32,000 crores through rights issue and bonds. The move will allow the
company to compete with Jio and other telecom operators.
Sail (Rs. 52.00) (Code: 500113) :- Global investment fund JP Morgan has upgraded the
rating of this PSU from 'Neutral' to 'Overweight'. The target price was 61% higher than the current
price. Rising steel prices, and favourable risk-reward ratio were the reasons for the upgrade. The
share jumped 9% in a single session on Friday.
Bajaj Auto (Rs. 2,862.00) (Code: 532977) :- The company reported sale of 3.93 lakh
vehicles in February, a jump of 10% over last year. The growth was driven largely by exports,
which rose 19% to 1.71 lakh units. Domestic sales were up by 4% to 2.21 lakh units.
Jet Airways (Rs. 234.00) (Code: 532617) :- After remaining under pressure for a
long time, shares of the loss-making airline went up by 6% on Friday. The development came amid
reports that Naresh Goyal has agreed to step down as chairman, and will reduce his stake from
51%. Etihad, which holds 24% at present, will infuse funds.
Vascon (Rs. 15.00) (Code: 533156) :- The EPC and real estate player has bagged a
Rs. 83.52 crore order from AAI. The trading volumes surged by six times, while the share was up
by 15% on the back of the order.
Anup Engg. (Rs. 474.00) (Code: 542460) :- The demerged entity of Ahmedabad-
based, Arvind Anup Engineering, got listed today. The shares were listed at Rs. 451.60, and hit a
5% upper circuit to touch Rs. 474. The company makes critical process equipment for core indus-
tries.
Panacea Biotech (Rs. 198.00) (Code: 531349) :- The company's board has ap-
proved one time settlement with the consortium of lenders. The stock has been on the rise in the
past three days.
Tata Motors DVR (Rs. 90.00) (Code: 570001) :- The shares of Tata Motors DVR,
which come without voting rights, are trading at a 50% discount compared to the shares of Tata
Motors. The shares are attractively valued, and are poised for a big jump in the short term.
Vodafone Idea (Rs. 29.00) (Code: 532822) :- The company plans to come up with a
Rs. 5,000 crore rights issue to take on Jio. The proposal has received the nod from the cabinet.
Symphony (Rs. 1,275.00) (Code: 517385) :- Axis Securities has initiated coverage
of Ahmedabad-based air cooler manufacturer Symphony with a buy call on the stock. The re-
search house has set a target price of Rs. 1,680 per share, which implies 36% upside potential
from February 27 levels.
Ramco Systems (Rs. 250.00) (Code: 532370) :- Ramco Systems has begun a
seven-year deal with Canadian logistics services provider. The share jumped 8% intra-day on the
back of the deal.
Tata Metaliks (Rs. 609.00) (Code: 513434) :- The company has announced plans
to spend Rs. 555 crores for capacity expansion. Its board has approved capacity expansion of DI
Pipe unit, mini blast furnace capacity, and a new 15 MW power plant.
Financial Weekly

INVESTMENT
Meghmani Organics (Rs. 56.00) (Code: 532865) :- Shares of Meghmani Organics
rose up to 4% after NCLT approved scheme of arrangement amongst its subsidiaries.
Motherson Sumi (Rs. 160.00) (Code: 517334) :- There are signs of positive out-
come of trade talks between US and China. This will help the company, which has presence in
Asian as well as European markets.
JBM Auto (Rs. 278.00) (Code: 532605) :- This auto ancillary company has tied up
with a Polish company for e-mobility.
Sonata Software (Rs. 340.00) (Code: 532221) :- There is continuous buying in this
stock by FPIs in the past few weeks.
MTNL (Rs. 13.00) (Code: 500108) :- The central government has recently allowed
MTNL to develop and sell land assets.
Yes Bank (Rs. 237.00) (Code: 532648) :- There has been a lot of volatility in this stock
in the past couple of months. Banking veteran Ravneet Gill took over as the bank's MD and CEO
on Friday. His tenure, as approved by RBI, is of three years. CIMB upgraded Yes Bank to add and
raised target price to Rs. 300 as concerns over asset quality and top management abated.
SML Isuzu (Rs. 682.00) (Code: 505192) :- The company reported 33% growth in
vehicle sales at 1,280 units for February. The stock hit the upper circuit of 20%.
SBI Life (Rs. 612.00) (Code: 540719) :- CA Emerald Investments has acquired nine
per cent stake in this insurer through open market transactions.
Smart Investment : Subscription Rates

E-Copy Every Saturday eveaning in your Mail-box
E-mail Edition
1. Gujarati 1800 3200 4500
(Soft Copy)
(Every Saturday) 2. English 1100 1850 2650
(Soft Copy)
1. Smart Plus 1400 2500 3300
(Every Sunday)
Guj. & English E-Copy
1 Year 2 Year 3 Year
(Every Saturday)
With 1. Gujarati 2700 5000 7400
Smart Plus News
Letter (Every Sunday) 2. English 2100 3900 5400
Internet Payment : Online Payment Gateway Facility
thorugh your Credit / Debit Card is available.
Please logon to Tab “Subscribe” on our
Financial Weekly

INVESTMENT
Senior Astrologer
Dharmesh Joshi
Mob. : 9909941816
E-mail :
stockmarket@ganeshaspeaks.com
Sensex Predictions : Dt. 4th March to 8th March
" Please consider 10 minutes plus and minus in each prediction, and act accordingly. " Ganesha
advises you to compare every prediction with the prediction of the previous time slot.
04-03-2019 Monday :- Market will be closed today on account of Mahashivaratri.

05-03-2019 Tuesday :- " Sun and Moon are together, so avoid long position for these four
days. " Between 9:15 and 11:30, overall Nifty will be soft or down. " From 11:30 to 12:15, Nifty will
witness a technical bounce. " Between 12:15 to 13:35, Nifty will be down. " From 13:35 to 14:15
Nifty will be positive. " Between 14:15 and 15:30, Nifty will be down.
06-03-2019 Wednesday :- " From opening till 9:50, Nifty will maintain up surface. "
Between 9:50 and 11:25, Nifty may witness an undertone of negative impact. " The slot between
11:25 to 13:00 is very interesting, the larger view is positive. However, around 12:15 there may be
a correction. " Ganesha sees an unusual pattern from 13:00 to the closing bell. There will be move-
ment on both the sides.
07-03-2019 Thursday :- " Today both Rahu and Ketu will change signs. So, the natives
of Gemini and Sagittarius may ee an increase in their stress level. " New parameters will form in
personal horoscopes around 9:38:35. " We have already told you about its importance in the new
book. " Go for delivery based intra day or do not trade at all as important planets are changing their
signs. " Sell Nifty around 9:30 and exit around 10:20. " Buy Nifty around 11:11, exit when you earn
Rs 3.
08-03-2019 Friday :- " Today Moon and Mercury are together, so there will be more
movement in Bank Nifty. " From 9:15 to 9:55, Nifty may give mixed to positive results. " From 9:55
to 11:11, Nifty may give mixed to negative results. " From 11:11 to 11:51, Nifty may be influenced
by the positive impact of the Asian market. " From 11:51 to 13:13, Nifty may turn negative from
average. " Between 13:13 to 13:43 Nifty will be positive. From 13:43 to 15:30, overall the average
will be down.
Financial Weekly

INVESTMENT
News Track
ICE MAKE receives global honors at the
worldwide annual report communication competition
Ice Make Refrigeration Limited (Ice Make), one of the leading manufacturer & supplier of cooling
solutions equipment, bagged two prestigious awards for demonstrating exemplary communica-
tions capabilities. The Company participated in “2017-18 Vision Award Annual Report Competi-
tion” hosted by the League of American Communications Professionals LLC (LACP) and has been
ranked 27th among the top 100 annual reports globally. Besides, it was also conferred with Gold
Award for excellence within its core industry category.
Commenting on the award Mr. Chandrakant P. Patel, Chairman and Managing Director, Ice
Make Refrigeration Limited, said “Ice Make has been in the forefront in producing quality cooling &
refrigeration solutions to large number of varied customer needs. The global recognition demon-
strates our endeavor towards clear and concise annual report messaging, adding yet another feather
in our cap.
Financial Weekly

INVESTMENT
REVIEW OF “SMART PLUS NEWS LETTER”

Amazing 18% RETURN SMART GAIN
FOR SMART INVESTORS
Company Reccom. Weekly Ch. Company Reccom. Weekly Ch.
25-2-2019 High (%) 25-2-2019 High (%)
Tata Steel 497 511 2.82 Somany Cera. 320 337 5.31
Godfrey Phillips 925 969 4.76 JSW Steel 285 293 2.81
Balkrishna Ind. 854 905 5.97 Torrent Pharma 1765 1838 4.14
Tech Mahindra 825 838 1.58 Wipro 378 396 4.76
Raymond 728 784 7.69 NMDC 96 102 6.25
Bata 1313 1328 1.14 Hero Moto 2680 2740 2.24
Phoenix Mills 590 640 8.47 Cadila 315 329 4.44
Bajaj Holding 3125 3198 2.34 Tata Motors 162 186 14.81
Cera Sanitary 2197 2457 11.83 BEL 78 83 6.41
Endurance Techno1258 1380 9.7 Arvind 75 80 6.67
Obeori Realty 490 524 6.94 Jiya Eco 40.6 42 3.45
LIC Housing 463 483 4.32 P. C. Jew. 68 73 7.35
BEML 817 856 4.77 PNB 73.2 75 2.46
Lux Industries 1080 1140 5.56 Praj Ind. 142 151 6.34
GM Breweries 535 587 9.72 NRB Bearing 185 213 15.14
Astrazeneca 1871 2055 9.83 KSCL 399 420 5.26
Oirent Carbon 1083 1124 3.79 Minda Ind. 315 333 5.71
Bajaj Fin. 2641 2695 2.04 Wonderlla Holidays273 289 5.86
Mahindra Logistics 436 450 3.21 DLF 169 174 2.96
Kalptaru Power 352 416 18.18 Action Const. 75.5 85 12.58
Apollo Tyres 210 219 4.29 Chennai Petro 209 238 13.88
Ashok Leylnad 81 87 7.41 Reliance Nippon 198 206 4.04
Only Subscribers will get SMART PLUS NEWS LETTER

on their E-mail Address
Log on to..... www.smartinvestment.in
Financial Weekly

INVESTMENT
Smart Investment
Subscription Rates Revised from : 1st Jan. 2018
ELðuMx{uLx
Smart Investment Weekly
Gujarati Edition to cost Rs. 40/- Gujarati
From 1st January 2018
1 Years ` 1800/-
Edition
Our Soft
Copy
2 Years ` 3200/-
subscription
rates 3 Years ` 4500/-
Smart Investment Weekly

English Edition to cost Rs. 25/-
English From 1st January 2018
Edition Our Soft 1 Years ` 1100/-

Copy
2 Years ` 1850/-
subscription
rates 3 Years ` 2650/-
Smart Bonanza (Published on Every Wednesday )

Executive rate from 1st January, 2018
Subscription
12 Month Rs. 950
2 Year Rs. 1700
3 Year Rs. 2500
Financial Weekly

INVESTMENT
Editor : Dilip K. Shah
ARCHI PUBLICATIONS
311 to 313, Nalanda Enclave, Pritamnagar 1st Dhal, Ellisbridge, Ahmedabad-6. GUJARAT, INDIA
Phone : 079 - 2657 66 39, Fax : 079 - 2657 99 96 • Mob. : 0982500 6980
E-mail :
smartinvest25@yahoo.in / smartinvest25@gmail.com / info@smartinvestment.in
Disclaimer :- Investment recommendations made in Smart Investment are for information
purposes only and derived from source that are deemed to be reliable but their accuracy and
completeness are not guaranteed. Smart Investment or the analyst / writer do not accept any
liability for the use of this column for the buying or selling of securities. Readers of this column who
buy or sell securities based on the information in this column are soley responsible for their ac-
tions. The author, his company or his acquaintance may / may not have positions in the scrips
featured herein
Financial Weekly

INVESTMENT
D(en)O(f)W(ealth)
After grand success of our Website www.smartinvestment.in
& Our Publications, Smart Investment Weekly (Gujarati &
English), Smart Plus News Letter & Smart Bonanza (Gujarati
Weekly), Smart Investment proudly announces launch of
DOW wherein subscribers to this service will be given through
SMS/Email Breaking News and Other Buy / Sell Ideas which
happen during the week i.e. during the interval of publication
of our 2 issues.
Such information will be ahead of our competitors and will
enable subscribers to reap rich dividend in short term/few
days as well as early entry for LongTerm Wealth creation.
Investors interested to subscribe to DOW can provide their
Mobile no and email id and make payment of
Rs 5000/- (for 1 year)

in favour of Archi Publications
Contact : (M) 9825006980 & 9979330348

Subscription Chart
E-mail Edition (Soft Copy) (Every Saturday)
Smart Investment Weekly 1 Year 2 Years 3 Years
1. Gujarati Edition 1800 3200 4500
2. English Edition 1100 1850 2650
E-mail Edition (Soft Copy) of Smart Plus News Letter

(Every Sunday) * For Private Circulation only
News Letter 1 Year 2 Years 3 Years
1. Smart Plus 1400 2500 3300

Guj. & English Weekly E-Copy (Every Saturday)
With Smart Plus News Letter (Every Sunday)
1 Year 2 Years 3 Years
1. Gujarati + Smart Plus 2700 5000 7400
2. English + Smart Plus 2100 3900 5400
Contact : 079-26576639 (M) 9825006980

Financial Weekly

INVESTMENT
Warning :-
Your soft Copy (E-mail Edition)

is for your exclusive use only.
Any attempt to share your copy
or
forwarding your copy
to a non-subscriber
will disqualify your membership
&
We will be compelled to stop
your supply
and
forfeit your subscription
thereafter without
any
refund to you.

Smart - 3 March 2019 PDF

Uploaded by

Copyright:

Available Formats

You might also like

Smart - 3 March 2019 PDF

Uploaded by

Document Information

Original Description:

Original Title

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

Smart - 3 March 2019 PDF

Uploaded by

Copyright:

Available Formats

Only Financial Weekly Published in

English & Gujarati Language

Editor : Dilip K. Shah

Phone : 079 - 2657 66 39

More detail about Subscription

GAMC No. :1703/2018-20. Issued by SSP Ahd. Valid up to 31-12-2020

FII Activity (Rs. in Cr.)

Most Popular Webstie for the Stock Market Investors

SMART 3rd March to 9th March 2019 4

Rapid Fire Stocks

- Kalpna J (Email- Kjtech79@gmail.com)

(Ring : 97690 37711) Twitter : @Kj_TechTrades

Performance of Last Week Rapid Fire Stocks

The Ramco Cements (Rs. 687)

SMART 3rd March to 9th March 2019 5

Jubilant FoodWorks Limited

SMART 3rd March to 9th March 2019 6

E-mail Edition (Soft Copy) of Smart Plus News Letter

Combined Package for Weekly & News Letter

Contact : 079-26576639 (M) 9825006980

SMART 3rd March to 9th March 2019 8

Smart SME Stocks - Dilip K. Shah

SME Stocks to be considered

SMART 3rd March to 9th March 2019 9

SMART 3rd March to 9th March 2019 10

SMART 3rd March to 9th March 2019 11

Aap Sab ko ABHINANADAN: Bulls

Tata Elaxy : Buy

SMART 3rd March to 9th March 2019 12

Stock Buzz Subramanian Mahadevan

IDFC First Bank Limited (Rs.45)

SMART 3rd March to 9th March 2019 13

DESPITE WAR CLOUD

This Weeks Recommendations

SMART 3rd March to 9th March 2019 14

Buy Indusind : 1514 SL 1488 Tgt : 1553-1595

SMART 3rd March to 9th March 2019 15

Range bound move continues

SMART 3rd March to 9th March 2019 16

BUY.... BUY....BUY TIPS OF THE WEEK

SMART 3rd March to 9th March 2019 17

Last Recommendation Review

SMART 3rd March to 9th March 2019 18

Smart Education - Yog Joshi

SMART 3rd March to 9th March 2019 19

SMART 3rd March to 9th March 2019 20

TECHNICAL TALK Dhananjay Kadam

STOCKS TO SHORT FOR GOOD GAIN

SRF Ltd - Close Rs 2285.80 :- SRF

SMART 3rd March to 9th March 2019 21

Techno Funda sound stocks Sachin Shah

Our Past Review

INFO EDGE (532777 & NSE) (1796) (FV 10)

SMART 3rd March to 9th March 2019 22

BRITANNIA (500825 & NSE) (3074) (FV 1)

SMART 3rd March to 9th March 2019 23

Technical News : 5-3-2019 to 8-3-2019