Marvel Financial Securities Ltd.

Marvel Financial Securities Ltd. MARVEL FINANCIAL SEC LTD STARTED IN 08 MAY 2008 IN KARAD TIED UP WITH REPUTED BROKER IN FINANCIAL S

15/07/2016

Buy mothersumi above 305 s.l 278 tgt 335/369/385 positional del. Call cash level.add calls too.

15/07/2016

Investment call buy jklaxmi cement 380 to 400 no s.l tgt 450/500/550/600 in 15 weeks

15/07/2016

Nifty range res . 8605 8653 support 8493 8450 bnifty res 18988 support 18619

09/05/2013

LOOK @ SBIN ROCKS........................2310
ENJOY THE PROFIT

09/05/2013

LOOK @ SBIN ROCKS........................2295

09/05/2013

BUY CALL- BUY SBIN (EQ) AT 2275, TGT-2290 , SL- 2265

09/05/2013

Time Subject Message
11:08:36 AM INTRA DAY BUY CALL- BUY RAYMOND (EQ) AT 315 , TGT- 318, SL- 313

09/05/2013

RANBAXY: `443.85
Action
Initiation
SL
TGT
SELL
BLW 441
451
421
Risk/Reward: 1:2

The stock is trading below its 200DEMA so needless to say trend is very much bear dominated. Last day it closed on the verge of an up trending channel break down with a bearish marubozu candle. Both RSI and Stochastic are extreme bearish mode along with volume oscillator OBV, so recommend a sell call below 441.
SL- Applicable on daily closing basis.
RANBAXY (Daily Chart)
TATA GLOBAL (Daily Chart)
TATA GLOBAL: `151
Action
Initiation
SL
TGT
BUY
ABV 152
148
159
Risk/Reward: 1:1.75

The stock finished off with a bullish white body candle just below its 50% retracement level of its recent correction. MACD has recovered above its zero line along with steeply rising RSI which makes this uptrend reliable. We believe above 152 the stock would be headed towards 159 (61.8% retracement level), so recommend a buy call for the target

09/05/2013

Bank Nifty (Spot): 12643.05
Analysis:
Bank Nifty closed at 12643.05 with a doji candle. It touched an intraday high of 12694 and seems to be approaching towards its recent high of 12783 so aggressive buying is not advised.
Bank Nifty (Fut): 12604.30
Trading Strategy
Buy above 12660 TGT:12760 SL:12610
Sell below 12350 TGT:12250 SL:12400

09/05/2013

Nifty (Spot): 6069.30

Nifty ended with a bullish doji candle just below that trend line resistance that we talked about in our last post. It recovered from day’s low of 6025 and extended the intraday gain till 6083. As it is approaching towards heavy resistance area (its 52 week high) so this may cause some profit booking, though we don’t suggest any one to go short till the time uptrend is intact.
Index breadth was marginally indecisive, though the trend is undoubtedly up but as the risk-reward trade off looks not to be in favor of the aggressive buyers so cautious approach is needed here on. On the down side it has crucial support placed at 5980, below which correction might occur.
Nifty (Fut): 6075.20
Trading Strategy
Buy above 6090 Target: 6130 SL: 6070
Sell below 5980 Target: 5940 SL: 6000

09/05/2013

Dear Investors,
Nifty continued its winning streak for the third consecutive day in a row and finally closed at 6069 levels i.e. up 25 points from the previous close. I would like to repeat that Nifty is trading with a positive bias and is likely to consolidate either before or after cracking 6100 levels on the upside. I strongly sense that it’s more likely that Nifty might consolidate before cracking 6100 levels the upside. I would suggest buying on declines and clearly abstaining from initiating any sell side positions in the market as to me Nifty appears to be in a hurry to crack highs of around 6300 levels made around August 2010.
For Bank Nifty 12700 to 12900 appears stiff resistance on the upside and like Nifty; Bank Nifty does not appears to be in hurry to make new life time highs. To me it appears that Bank Nifty is likely to consolidate for a larger time as compared to Nifty before exhibiting incessant Northward march.
I would suggest selling Gold with stop loss above $ 1490 levels. I sense Gold is in hurry to test $1400 levels on the downside. This time I sense rupee-dollar movement might bring some extra profit for seller for Gold in MCX as rupee is like to strengthen and stronger rupee would again weaken Gold prices in India. At the time for giving final shape to this write up, Gold is trading at $1468.

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