Buy Eveready Industries Ltd For Target Rs.293.00 - GEPL

Company Snapshot

An Eveready industry (India) Ltd (Eveready) is head quartered in Kolkata and it is considered as one of the India’s largest dry cell battery manufacturing The company is a part of Williamson Magor India Ltd. Besides dry cell batteries the company also started manufacturing flashlights, LED lightings and packed tea. The company ho

22/03/2017 4:10:49 PM | Posted in Broking Firm Views - Long Term Report read full news
IPO Note - Avenue Supermarts Ltd - GEPL

Company Background

Avenue Supermarts Limited (D mart) is Mumbai based supermarket chain D-Mart. Company is among the largest and the most profitable F&G retailer in India. Company offers a wide range of products with a focus on the Foods, Non-Foods (FMCG) and General Merchandise & Apparel product categories. The company has incorporated in 2002

10 year Benchmark 6.97% GOI 2026 likely to move in the range of 6.72% to 6.87% levels - GEPL

Government Security Market: Update

An outcome of UP election turned positive for the market but the macro data (CPI and WPI) had disappointed the market as CPI surged to 3.65 per cent from 3.17 per cent and WPI to 6.25 per cent but the core number eased from the last month had some relief for the market. Later during the week Fed as anticipated increas

20/03/2017 4:27:59 PM | Posted in Mutual Fund Analysis read full news
Nifty FMCG holds strong Bullish momentum - GEPL

NIFTY FMCG    Current Close: 23491.25    Trend : Positive

Observation

* NIFTY FMCG is one of the most outperforming sector amongst all the indices last week. It moved up a good 5.15%, as against an up move of 2.52% in benchmark NIFTY 50.

* In the month of Feb. 2017, the Sector created an All Time

20/03/2017 4:16:16 PM | Posted in Broking Firm Views - Sector Report read full news
The NIFTY now trades above all the three averages - GEPL

NSE Nifty Spot 9160.05 Weekly UP BY 2.52%

Observations:

1. As on 17.3.2017, the long term moving averages stand as below: 50 DMA @ 8702, 100 DMA @ 8464, 200 DMA @ 8502. The NIFTY now trades above all the three averages, and the 100 DMA is now very close to a positive crossover above the 200 DMA.

2. T

IPO Note - CL Educate Ltd - GEPL

Company Background

CL Educate Ltd. (CEL), The company is incorporated in 1996 and engaged in providing various educational products and services. They operate through two segments Education and training programs (including sale of study material) and vocational training. The Company's Education and training program (including sale of study material

NIFTY holds the level of 9050 on consecutive 2nd Day - GEPL

Key Highlights:

NIFTY holds the level of 9050 on consecutive 2nd Day….

* The NIFTY opened @ 9086.85, almost flat as compare to Tuesday. From the initial moments moved in a very narrow range of just 30 points between 9106 & 9075. Nifty strongly holds higher levels with a strong immediate support @ 9050 level. In the

NIFTY closes flat ahead of UP Exit Poll Results - GEPL

Key Highlights:

NIFTY closes flat ahead of UP Exit Poll Results. Markets wallet in classical “SQUEEZE” as triggers eyed to provide the break

* The NIFTY opened @ 8914.50, marginally DOWN by around 10 points over Wednesday. A bit of reverse from Wednesday, the market firstly hit the day’s LOW within first hou

Nifty PSU Bank has immediate support placed at 3000 levels - GEPL

NIFTY PSU BANK   Current Close: 3223.95    Trend : Negative

Observation

* NIFTY PSU BANK is the most underperforming sectoral indices, as it closed down by around 2.23% at 3223.95, as against a down move of 0.47% in benchmark NIFTY 50.

* The Sector made a recent swing high @ 3503.90 a few weeks back,

9/03/2017 11:35:21 AM | Posted in Broking Firm Views - Sector Report read full news
Nifty Metal holds strong Bullish momentum - GEPL

NIFTY METAL    Current Close: 3187.10     Trend : Positive

Observation

* NIFTY METAL is the most outperforming sectors amongst all the indices last week. It moved up by 2.14%, as against a down move of 0.47% in benchmark NIFTY 50.

* The Sector is in long term Bullish Trend with the formation of

9/03/2017 11:30:48 AM | Posted in Broking Firm Views - Sector Report read full news
The Nifty now trades above all the three averages - GEPL

Observations:

1. As on 03.3.2017, the long term moving averages stand as below: 50 DMA @ 8543, 100 DMA @ 8430, 200 DMA @ 8454. The NIFTY now trades above all the three averages, and the 100 DMA is now very close to a positive crossover above the 200 DMA.

2. A narrow range session both on daily as well as weekly timeframes, ended with a minor

NIFTY closes little changed @ 8900, even as the BULLS & BEARS play hide & seek - GEPL

Key Highlights:

* The NIFTY opened @ 8883.50, DOWN by around 17 points over Thursday. The first half saw NIFTY continuing with the weakness of Thursday even as NIFTY went tantalizingly close to the pre-defined SUPPORT level of 8850. However the BULLS seem to emerge through as if in a hide & seek game and pushed back NIFTY to par by end of day. The

NIFTY unable to hold fort, even as heavyweight RELIANCE trades @ 9 year HIGH. Broader markets correct on the backdrop - GEPL

Key Highlights:

* The NIFTY opened @ 8943.70, marginally UP by around 4 points over last Thursday, part of an extended weekend. The first half saw the NIFTY correcting, yet holding fort at pre defined SUPPORT of 8920 mark. The index seemed basking in glory of heavyweight RELIANCE trading at a 9 year HIGH. However as the day progressed, consistent selli

10 year Benchmark 6.97% GOI 2026 likely to move in the range of 6.74% to 6.84% levels - GEPL

Government Security Market: Update

The lack of 10-year government bonds in the special repo market caused an unusual move in the market and the benchmark 10 year yield dropped significantly to 6.77 per cent. The lending rate in the special repo market has plunged to near zero from 5% earlier. Market participants normally borrow stock of securities from

27/02/2017 4:45:59 PM | Posted in Mutual Fund More News read full news
NIFTY ENERGY holds strong Bullish momentum - GEPL

NIFTY ENERGY holds strong Bullish momentum

NIFTY ENERGY

Observation

* NIFTY ENERGY is the most outperforming sector amongst all the indices last week. It moved up a good 4.29%, as against an up move of 1.34% in benchmark NIFTY 50.

* The Sector came into Bull

27/02/2017 4:33:22 PM | Posted in Broking Firm Views - Sector Report read full news
It may see a correction towards 8820 - 8710 levels - GEPL

NSE Nifty Spot 8939.5 Weekly UP BY 1.30%

Observations:

* As on 23.2.2017, a truncated weekend, the long term moving averages stand as below: 50 DMA @ 8460, 100 DMA @ 8421, 200 DMA @ 8428. The NIFTY now trades above all the three averages, and interestingly all 3 are within half a percentage point of each-other