The application of technical analysis involves a study of historical price and volume data to first identify and then trade the existing trend. Through the use of pattern analysis and other indicators, this discipline also helps traders and investors alike to identify any change of the current trend and spot reversal. This article focuses on swing trading 

German firm Dorfner Holding GmbH & Co. KG along with 20 Microns Limited have signed a definitive agreement to create a new joint venture company to be incorporated in India that will develop, market, sell & distribute coloured Quartz-related products in India as well as other high-growth emerging markets in Asia & Africa as per the agreed terms between both the companies.

The recommendations provided in this column are taken from various market sources such as brokers, analysts, dealers and investment strategists, etc.

Two-wheeler OEMs are predicted to have strong credit profiles characterised by healthy return on capital employed (ROCE) and sustainable balance-sheets with negligible debt and strong cash and liquid investments. Among them, Bajaj Auto Limited continues to occupy a strong position, unmoved by any challenges

In this edition, we have reviewed Grindwell Norton Limited and Bayer Cropscience Limited. We suggest our reader-investors to HOLD  in Grindwell Norton Limited and Bayer Cropscience Limited.

This section gives decisive investment rationales to our subscribers on the stock queries they have raised to our research team.
 

The Indian markets witnessed its nastiest decline in the run-up to the Union Budget in the last 10 years as fear of additional taxation announcement took the wind out of the domestic equities’ sail.

This is a super house of financial data on 3500 corporates with up to date information. In the Magazine version the top 1100 -1400 companies are covered while the data on the entire 3500 companies is available in excel format for subscribers to download.

Databank of top-ranked equity funds based on DSIJ's proprietary research methodology.

The scrips in this column have been recommended with a 15-day investment horizon in mind and carry high risk. Therefore, investors are advised to take into account their risk appetite before investing, as fundamentals may or may not back the recommendations.

This section gives a recommendation of a stock having stock price below Rs 100 with sound fundamentals and expected to give handsome returns over a one-year time horizon.

This column gives you scrip chosen by the research team during the fortnight that is fundamentally strong and expected to give good capital appreciation over a time period of 1 year. 

Strong foreign capital inflows, solid corporate earnings and positive global cues have been cheering domestic markets to touch record highs for multiple times now. In the last weeks, Sensex zoomed by 6.11 per cent while Nifty jumped by 6.06 per cent.

I read your story about the growth prospects in electrical vehicles and allied sectors.

As I pen this editorial, the Sensex is already up by more than 7 per cent in 2021, beating some of the major global indices such as DJIA (3 per cent) and S & P 500 (5.03 per cent) by a healthy margin.

When it comes to understanding the taxation aspect in mutual funds, it certainly is not rocket science.

Infosys, a global leader in the next-generation digital services, announced on Thursday before market opening that it has bagged an opportunity to apply technology for the purpose of boosting tennis experience for both online and offline audience.  

This is our mutual fund recommendation. Every fortnight ,we recommend one open-ended equity diversified fund that has the best potential of returns for the next one year considering its constituents remain the same.

Though diversification is important, it needs to be followed intelligently so as to gain maximum returns from your investments.

This forms the heart of the value investing concept.

Readers are requested to send only one query at a time so that more readers get a chance.

Unlike other investment avenues like stocks, bonds, mutual funds, etc.

I really appreciate your work and also would like to say that this time the cover story, ‘Is it the Right Time for Capital Gain Harvesting?’ was really helpful.

Of all the financial products, life insurance policies remain one of the most mis-sold products.

Magma Fincorp: Magma Fincorp announces that Rising Sun Holdings, a company controlled by Adar Poonawalla, is set to acquire a controlling stake in Magma Fincorp, through a preferential allotment and open offer route. 

The stock of Jindal Poly witnessed a breakout stage-2 consolidation pattern, which has a depth of 22 per cent with a 25-week length. The volumes recorded on Wednesday were the highest in the last six months in a single day as the total traded quantity for the day stood at 7,97,911. 

With the weekly expiry on the cards on Thursday, it is likely to be yet another day of volatility. Going ahead, a close below the prior bar low of 14,977 levels, and then the likelihood of weakness extending towards 14,800 levels shall remain higher. Strength in Nifty shall not be expected unless it manages to close above the 15,150 levels.

Max Estates, a subsidiary of Max Group’s listed entity, Max Ventures & Industries Ltd (MAXVIL), today announced that it has leased 79,933 sq. ft at its flagship Grade A office complex, Max Towers situated in Noida to Cyril Amarchand Mangaldas (CAM), which is one of India’s leading legal firms.   

The leading pure-play water technology company, VA Tech Wabag announced on Wednesday that it has secured multiple orders worth about 100 million Euros in Switzerland, Tunisia & Libya.  

Datamatics Global Services today announced that it has entered into a strategic partnership for strengthening North American presence with System Soft Technologies (SSTech), a leader in enterprise IT services, solutions & products.

ICICI Prudential Asset Management Company Limited has announced the appointment of Anand Shah as Head of PMS & AIF Investments. Read onto find out more.

The total investment through SIP has come down to Rs 8,023 crore in the month of January, down by 5 per cent on a sequential basis. 

The market opened in red on February 10, 2021.

The market opened in red on February 10, 2021, overall volumes in futures & options currently stand at 3,47,36,120 contracts with a turnover of Rs. 34,13,813.85 crore.

The market opened in red on February 10, 2021, overall volumes in futures & options currently stand at 3,47,36,120 contracts with a turnover of Rs. 34,13,813.85 crore.

Power Mech Projects Limited has received orders for four projects worth Rs 1,068.36 crore in the states of Uttar Pradesh & Odisha. 

Mahindra Manulife Mutual Fund has launched its new open-ended equity scheme namely, Mahindra Manulife Short Term Debt Fund. Read onto find out more details. 

Polyplex: The company’s board of directors has declared payment of third interim dividend (special) for the financial year 2020-21 at Rs 100 per share and the record date has been set as February 19, 2021.

The price action of the day formed a small body bear candle with a large upper shadow, which resembles a shooting star pattern. Normally, the formation of a shooting star pattern is viewed as a bearish reversal pattern that typically occurs at the top of an uptrend.

The domestic AUM declined by 1.69 per cent on a sequential basis in the month of January 2021.  

Rhizen Pharmaceuticals, a clinical-stage oncology-focussed biopharmaceutical company and subsidiary of Alembic Pharma announced that its novel next-generation PI3K-delta inhibitor, Umbralisib, which was licensed to TG Therapeutics, has secured USFDA accelerated approval.  

The Ministry of Defence (MoD) & Defence Public Sector Undertaking (DPSU), Bharat Electronics Limited (BEL) signed a contract worth over Rs 1,000 crore for the procurement of software-defined radio tactical (SDR-Tac) in New Delhi on February 8, 2021. 

On Monday, the domestic benchmark indices wiped out the day's gains to end flat with a negative bias. Snapping its bull-run, Sensex erased around 500 points from its day's high to close at 51,329.08 levels, down by 0.04 per cent or 19.69 points. During the last half hour of the trading session, Nifty slipped in red to settle at 15,109.30 levels, down by 0.04 per cent or mere 6.50 points from its previous close. 

Indian Energy Exchange, which is India’s premier electricity exchange announced that it has divested its 5 per cent stake of Indian Gas Exchange (IGX) to GAIL (India) Limited.  

The journey of Nifty from its inception to over 15,000 now is quite eventful. Read onto find different aspects of its journey.  

Infosys announced that it has entered into a strategic collaboration with a leading aerostructures manufacturer i.e. Spirit AeroSystems. The announcement was made on Monday after the market hours.  

BLS International Services Ltd informed that it recently got mandated by Uttar Pradesh Government to operate Jan Sewa Kendras (customer service centres) project. The company shall provide G2C & B2C Services to citizens via its digital platforms. 

ICICI Prudential Life Insurance informed today that it has launched a new savings product with the name, ‘ICICI Pru Guaranteed Income for Tomorrow’.   

The market opened in green on February 09, 2021.

The market opened in green on February 09, 2021, overall volumes in futures & options currently stand at 2,55,23,712 contracts with a turnover of Rs. 24,96,736.95 crore.

The market opened in green on February 09, 2021, overall volumes in futures & options currently stand at 2,55,23,712 contracts with a turnover of Rs. 24,96,736.95 crore.

At DSIJ, we rank funds based on their expected returns. Here is a list of the top 10 funds that are likely to give double-digit returns in the next two years.

The company plans brownfield expansion and debottlenecking project, coupled with the addition of balancing & ancillary equipment in Bhuj.

The Exchange in pursuance of Capital Market Segment Trading Regulations Part- A, 2.6 trading in the below-mentioned securities shall be available in the trade-to-trade (T2T) segment (series: BE) at a price band of 5 per cent or lower with effect from February 11, 2021.   

UltraTech Cement: The Finance Committee of the board of directors have approved the issuance of unconditional, unsubordinated & unsecured USD denominated notes, aggregating to USD 400 million, corresponding to Rs 3,000 crore.

The trend strength indicator i.e. the ADX has flattened for the last few days on daily and hourly charts. Even the positive movement indicator, +DMI has failed to cross above its prior swing high. These are all signs of waning momentum.

Every one of us wishes to pass on a legacy to our children. So, how does whole life insurance help you plan for the same? Let’s find out. 

Thomas Cook (India) Ltd, India’s leading integrated travel services company, has launched a new Gold Circle Partner franchise outlet in Kolhapur; thus, expanding its footprint in Maharashtra. 

The shares of VRL Logistics surged more than 10 per cent after the company’s board of directors approved the proposal for buyback of shares. Additionally, positive growth in the company’s financial performance for Q3FY21 also boosted bullish investors’ sentiments.  

On Monday, the stock of Advanced Enzyme Technologies Limited surged by nearly 9 per cent. Read onto know more about what the technical chart of the stock suggests.

Markets continue to touch record close as Nifty and Sensex closed above 15,000 and 51,000 levels, respectively for the first time ever. Sensex gained by 617.14 points or 1.22 per cent to close at 51,348.77 levels while Nifty rose by 1.28 per cent or 191.55 points to settle at 15,115.80 levels.   

One of India's manufacturers of ammunitions and missile systems, Bharat Dynamics Ltd (BDL) announced during the weekend that it has launched two new products at Aero India 2021 namely, ‘Dishani’ and ‘Garudastra’. 

Affle (India) Limited reported strong growth in its performance for Q3FY21 as the global economy continues to recover from the shocks of the COVID-19 pandemic. The company reported better-than-expected performance for Q3FY21; as a result, its shares jumped by around 5.67 per cent on Monday.  

On Monday, Aarvi Encon Limited announced that it has received an order approximately worth Rs 10.69 crore from Indian Oil Corporation Limited (IOCL).  

RBI came out with its last bi-monthly monetary policy for FY20. Here is what experts have to say about it.

The shares of the buzzing mid-cap stock, Gujarat Gas jumped by around 14.14 per cent to touch its all-time high of Rs 449 per share on Monday. The shares of the company gained on strong Q3FY21 performance reported by the company.  

The market opened in green on February 08, 2021.

The market opened in green on February 08, 2021, overall volumes in futures & options currently stand at 2,56,96,141 contracts with a turnover of Rs. 25,08,349.99 crore.

The market opened in green on February 08, 2021, overall volumes in futures & options currently stand at 2,56,96,141 contracts with a turnover of Rs. 25,08,349.99 crore.

Godfrey Phillips: Income Tax Department had searched the office premises of Godfrey Phillips India from February 3 to February 7, 2021 in connection with a search carried out on a promoter of the company under Section 132 of Income Tax Act, 1961. The company has extended full cooperation to the authorities and will participate in any proceedings, if required.

Nifty has witnessed a parabolic rise of almost 10 per cent from the lows of 13,661.75 and the index has almost doubled from the March lows; however, after such a mammoth run-up, the index might enter into a consolidation phase just like any sprinter, who after a quick run, stands for a few moments to catch his breath.

The proposed Capex will increase the manufacturing capability of Quartz kitchen sink to 7,00,000 units per annum. The purpose of the expansion is to meet the increasing demand of Quartz kitchen sink in the international and the domestic market. A few of the notable marquee investors include Sunil Singhania (Abakkus Fund), Ashish Kacholia, and Varun Daga, who hold 6.45 per cent, 4.14 per cent, and 2.65 per cent, respectively in this stock.   

As an established player of significant scale, the company is set to benefit from various tailwinds in the Indian market. The medical devices export from India outpaces global market growth with a 5-year CAGR of 13 per cent as against global industry growth of 5 per cent mentioned in the investors' presentation of the company.  What is more exciting about this stock apart from the surge in total traded quantity is the delivery quantity and percentage of delivery quantity to traded quantity. This is the highest holding by FII/FPI since December 2019.

From the low of Rs 64.50, the stock of Bank of Baroda has seen nearly 38 per cent upward momentum in just six trading sessions. Read onto know more about what the technical chart of the stock indicates. 

The stock of Aditya Birla Fashion & Retail Limited (ABFRL) has gained over 10 per cent in the last two trading sessions. Read onto know more about what the technical chart of the stock indicates.

Moreover, there has been a negative divergence between the daily RSI, daily stochastic and the stock price movement, which suggests a limited upside. A negative divergence occurs when the price is making a higher high, while the indicators form a lower high.

Though RBI maintained its accommodative stance in the MPC meeting, but do you think, it hints towards a further hike in repo rates in the future? Let’s find out. 

As per O’Neil methodology, the buyer demand is A, which indicates strong institutional interest. The FPI/FPI investors have increased their holding from 30.59 in September 2020 quarter to 32.78 per cent in December 2020 quarter. Similarly, the mutual funds have increased holdings from 9.53 per cent in September 2020 quarter to 10.42 per cent in December 2020 quarter.

Biocon Biologics, a fully-integrated biosimilars company and a subsidiary of Biocon Limited announced that it has signed an agreement with Clinton Health Access Initiative to expand access to lifesaving cancer biosimilars in over 30 countries in Africa and Asia as a part of Cancer Access Partnership (CAP).   

The key economic news on India for the week ended February 5, 2021.

Given the fact that the stock has started to outperform in the recent past on the back of a huge volume spike certainly indicates interest for this stock; however, it has reached a very crucial juncture. This juncture is known as a ‘change in polarity’. The principle of change in polarity states that once breached, a support level becomes resistance and vice-versa i.e. the resistance level becomes support. 

One of the most crucial things that many of the market participants tend to overlook when they buy a stock for a short-term trading purpose or for an investment purpose is the delivery volume. The stocks that are a part of Nifty 500 are considered and the total volume traded should be greater than 1,00,000. Further, the total volume traded should be greater than the previous session.

The company anticipates bringing products based on CTPR in near term that would be affordable and accessible to farmers across India. 

Kellton Tech Solution Ltd today announced that it has launched a one-stop, cloud-based, and intelligent building management system with the name, KeLive.

Zydus Cadila, a global leading pharmaceutical company, today announced that it has completed patient enrolment in DREAM-ND and DREAM-D Phase III trials of Desidustat. 

The stock of KPIT Technologies Limited has been picked up by our Bollinger Band Squeeze scanner, which suggests that the stock is near a consolidation breakout. 

The company will leverage policy initiatives of the Indian Government, such as ‘Make in India’ to offer affordable healthcare for the country. 

Kalpataru Power Transmission Limited’s (KPTL) wholly-owned subsidiary in Brazil namely, Kalpataru Power do Brasil Participações Ltda has signed definitive agreement to acquire a controlling stake of 51 per cent in Fasttel Engenharia Ltda, Brazil (Fasttel) for ~USD 8.80 million.

The market opened in green on February 05, 2021.

The market opened in green on February 05, 2021, overall volumes in futures & options currently stand at 9,03,49,341 contracts with a turnover of Rs. 84,55,618.54 crore.

The market opened in green on February 05, 2021, overall volumes in futures & options currently stand at 9,03,49,341 contracts with a turnover of Rs. 84,55,618.54 crore.

National Stock Exchange (NSE) has revised the circuit limits of 291 stocks with effect from Friday i.e. February 5.  Circuit filter limits have widened for the majority number of stocks. Stocks that have seen their circuit filter limits being widened from 5 per cent to 20 per cent includes: Yes Bank...

MIDHANI: MIDHANI and HAL signed a memorandum of understanding (MoU) at the ongoing Aero India 2021 for the development & production of composite raw materials. This is the first time that such an MoU has been signed for composite raw materials.

Meanwhile, Nifty had formed a bullish candle with a lower shadow, carrying higher high & higher low and indicating the continuation of a positive bias. At the same time, the index negated a bearish implication of spinning top, which was formed on Wednesday. Further, the implication of a bearish candle, which was formed on the weekly chart, has also been negated.

On Thursday, Hindustan Aeronautics Limited announced that it has signed a contract with GE Aviation for the development & supply of ring forgings for GE Aviation military and commercial engine programmes.  

On Thursday, the shares of RPP Infra Projects Ltd jumped by more than 2 per cent after the company announced that its JV, of which, it holds 49 per cent, secured work orders worth Rs 174.03 crore in Chennai, India. 

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Review on 1 stocks recommended in past.