Good News :
1. Zomato would buy BLINKIT
2. #BAJAJAUTO buyback shares today
3. #FEDERALBNK going to raise funds
4. #HINDCOPPER going to raise funds
Bank , Auto will go up today
If Nifty close +ve today, soon it go till 16400.
Good News :
1. LIC buys 0.02% stake in Zee Ent
2. Icici Pru new business premium increase by 62%
3. Work in Surda Mine of Hind Copper start again
4. Indonesia govt reduce tax on Palm oil
5. Tractor sale increase from 68629 to 96613 units in May
6. PNB can now got permission to participate in Right issue of PNB housing
7. Govt going to sell Rs75220 crore worth of coal mines
1. Saif india holdings sells 1.6 lakhs shares of FIEM IND
2. Kiocl stop production of Palette in Mangalore
Auto ancillary, Finance, Oil Drilling and Pharma stocks will go upside today
#NIFTYMETAL = #VEDL +11.79%
#NIFTYIT= #LTTS +8.05%
Tata chemical +5.45%
Pi industries +4.85%
#HINDCOPPER 8.7 now another 💥💥💥JACKPOT 💥💥💥per lot 12000+ profit running
#HINDCOPPER Hit both tar 💥💥💥 huge volatility now back to 6.6
#HINDCOPPER Spread diff is 40-50 paisa so be careful
BUY HINDCOPPER FUT @ 116.80
KEEP SL 114.5
YES BUY BINDASSSSSSSSS
POSITIVE NEWS HAI BUSS, ITNS SAMAJ LO, ANY TIME WILL FLASH
*HINDCOPPER Option Educational profit ₹ 32,035.00*
BUY above 112.50
Stop Loss: 111.50
Classic case of accumulation..funds buying on Rigorously...
Share can see 200 ++
MF increased their position from 24lac shares to 1.6cr shares.
HNI n NRI Rose from 66lac to 3.83cr.
It can be a Multi bagger like CG power in 3 years.
Strategic sales is likely to be seen at much higher bids with Adani, vedanta and AV Birla Group from India and 3 global players.
Bids can be 300 per share..
Market cap of 13.2k cr is seen a steal, considering mines owned by the company.
Process of stake sell will start post Budget, with LIC IPO in March.
5 operating units rajasthan.mp.gujarat.maharashtra.jharkhand having combined refining capacity of 68500 TPA of copper cathode.
1) Growth visibility..
Company is trippling mining capacity from 3.97 MTPA to 12.2 MTPA with 3500cr capex. Most will come in stream by 2022..and further 20.2 MTPA later..
Can be biggest wealth creator amongst all PSU divestment candidates, repeate of Hindustan zinc which delivered 250X returns in 20 yrs Post stake sell tel vedanta..
3) copper demand..
Electrical vehicles using copper 3.6X over ICE. 50% demand from electrical and consumer durables
4) owned mines, strong financial, government holds 66% with LIC hold if 14%
🔺Can be held in one's portfolio...
*Futures & Options educational trades for the week 17.1.22 to 21.1.22*
(My trade guidelines -appended below - apply).
*HINDCOPPER* cmp 136.70 buy upto 131.00 stop 126.80 target 144.00/153.00+
STRONG SELLING IN BELOW, LOOK FOR SELL ON RISE:
AND THE LIST GOES ON. FIRM BEAR GRIP!!
#HINDCOPPER BUY NEAR 118 SL 108 TG 170 +
#HINDCOPPER : Hindcopper now trading at 130-132. From here uptrend exepcted for intraday and short term. keep watching
METALS REMAINS WEAK FOR THE DAY, SELL ON RISE:
#HINDCOPPER will declare results on Aug 7, 2021
Do you have any view on the results? Let's aggregate whatever information we have from other sources for everyone's benefit.
Stocks that can be added now at CMP
How long can copper retain the shine? #HINDALCO #HINDCOPPER #MacroEconomy #InvestmentIdeas
The Indian copper market currently has only two players, Hindustan Copper Ltd (HCL) and Hindalco Ltd. The erstwhile third player, Vedanta Ltd, is shut since May 2018. The shares of HCL and Hindalco have rallied in the last one year. They have gone up by a whopping 577% for HCL and 219% for Hindalco. Against this the Nifty50 is up 66%.
So, is there a super cycle in metals in general where prices will continue to move up? The answer lies in analysing consumption and demand of the global economy, driven by China.
China took the right steps and became the fastest to recover from Covid-19. The GDP of the country post the virus outbreak was at 18.3% for the first quarter of 2021.
In June 2020, metal prices had started moving up. Further gains in the prices across the world were attributed to consumption by China. Since then, we have seen metal prices go through the roof. Copper prices are seen as an indicator of growth and in general have an inverse trajectory against gold. So, if gold prices are moving down and copper is going up it means there will be an uptrend in the global GDP output.
The copper-gold ratio has had a very high correlation to the US 10-year bond yield since 2015. And more recently, from July 2020, this ratio has moved up from 0.14 to 0.20, forecasting a rise in the 10-year bond yield from 0.5% to 1.7%. According to IDC, a market intelligence firm, the present ratio of 0.24 forecasts the 10-year bond yield at 2.4% by September 2021.
But investors also feel that when and if the yield goes above 2%, which is not backed by substantial economic growth, the Fed will step in to calm down the rates. At present, the 10-year US bond trades at 1.66%. In other words, the US dollar will remain strong for some time to come and if Asian economies keep the consumption going, then commodities prices will stay up. This is especially true for copper as it is a big indicator of growth for emerging economies. These assumptions are based on the fact that the third wave of Covid-19 will be mild and won’t have a significant effect on global growth.
Unlike precious metals like gold whose prices reflect the strength of the US dollar, copper is an indicator for economic recovery. Prices increase especially when the US or China show signs of economic revival or growth which in turn translates into infrastructure activities requiring copper.
The ongoing concentrate supply issues and strong demand, particularly from China, is expected to keep copper prices elevated over the next quarter before the supply issues get resolved in 2021. CARE Ratings projects copper prices to average 38% higher in 2021 as against the previous year. They expect the prices to drop 12% in 2022 as new supplies materialise.
Keep an Eye On
#TATA METALIKS .....
#Nifty was more than 300 points down but......
Not bad in such down market...
Addition to the given stocks in video, you can focus on below stocks as well
Important stocks to focus