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Showing posts with label commodity news. Show all posts
Showing posts with label commodity news. Show all posts

Tuesday, 21 May 2019

Opening Bell By Capitalstars : 21 May 2019

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                                        CS OPENING BELL:
                                                 NIFTY SPOT UP 
                                                      49@11877
                                               SENSEX SPOT UP 
                                                      195@39548
                                       BANK NIFTY FUTURES UP                                                                                                      115@30931

CS NIFTY FUTURES (MAY) OVERVIEW
TREND BULLISH
RES 2: 12251
RES 1: 12010
SUP 1: 11645
SUP 2: 11500

CS BANK NIFTY FUTURES (MAY) OVERVIEW
TREND BULLISH 
RES 2: 31450
RES 1: 31200
SUP 1: 30300
SUP 2: 30000
HAPPY TRADING!

Get more details here:
Call on:9977499927
* Investment & Trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.  

Monday, 20 May 2019

Opening Bell By Capitalstars : 20 May 2019

capitalstarsCS OPENING BELL:
       NIFTY SPOT UP
            245@11652
       SENSEX SPOT UP 
            807@38738
BANK NIFTY FUTURES UP 
            776@30260

CS NIFTY FUTURES (MAY) OVERVIEW
TREND BULLISH
RES 2: 12000
RES 1: 11800
SUP 1: 11400
SUP 2: 11251

CS BANK NIFTY FUTURES (MAY) OVERVIEW
TREND BULLISH 
RES 2: 30800
RES 1: 30400
SUP 1: 29800
SUP 2: 29400
HAPPY TRADING!


Investment  trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance. CapitalStars Investment Adviser: SEBI Registration Number: INA000001647
 
For more details call on 9977499927 or visit our website www.capitalstars.com

Sunday, 28 April 2019

Pharma sector to excel; volume and value growth create win-win situation for cement cos

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In FY20, key watchable points for the cement sector would be crude oil prices, pet coke prices and demand growth in Q2FY20


Healthy volume and value growth during the last year proved to be a win-win situation for the cement sector. Volume growth was around 12 percent, above expectations led by a sharp increase in infra, housing and affordable housing spend.
In FY20, we expect it to further grow 5-6 percent, which is quite decent due to a higher base. However, it should be noted that incremental capacity would be around 18-20 MTPA, while incremental production would be higher by 24-25 MTPA, providing pricing power and stability to companies.
Last year, the capacity utilisation for the sector was presumed in the range of 68-69 percent but actullay it came at 71 percent which, we expect to reach 72-73 percent in FY20 due to incremental demand and production.
Low raw material cost for the sector increased the bottomline during Q4FY19. Softening of pet coke prices to $96/tonne during February 2019, easing crude prices and freight expenses have helped companies to increase realisations and deliver higher margins.
In FY20, key watchable points for the sector would be crude oil prices, pet coke prices and demand growth in Q2FY20. A number of developmental projects and demand from the housing sector will also be in focus.
Pharma sector to excel after dwindling for years
Pricing pressure from the US has toned down and the channel consolidation has already formed a new normal. Companies into specialty drugs, injectables and biosimilars are expected to benefit in the long run after dwindling for years.
Though increase in R&D spends by various private players has driven sector growth to 10 percent as on February 19, but we expect this to cool down to 8-9 percent for the next two years.
We expect China to be the next likely hub for India’s exports as it holds huge potential and the government is keen to increase exports there. In addition, regular acquisitions and diversification by companies mainly in Europe and Japan (being the second largest regulated market) is expected to not only increase their footprint but also reduce the dependence on the US market.
Even in India, this sector is expected to pick up pace. Medicine spending is projected to grow 9-12 percent over the next five years. Moreover, government push towards this sector in terms of introducing various generic drugs, rising awareness for health, launch of Pradhan Mantri Bhartiya Jan Aushadhi Pariyojana Kendra (PMBJPK) and pharma vision 2020 would improve growth.
Currency fluctuations, various regulatory approvals, sustained retention in client growth will remain the key risks.
Source: https://www. moneycontrol.com/news/business/markets/pharma-sector-to-excel-volume-and-value-growth-create-win-win-situation-for-cement-cos-3904941.html


Investment  trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance. CapitalStars Investment Adviser: SEBI Registration Number: INA000001647
 
For more details call on 9977499927 or visit our website www.capitalstars.com

Vistara to add six Boeing 737 aircraft from Jet Airways


vistara
The Boeing aircraft will mark a change as Vistara till now had only Airbus planes
Vistara is set to add six Boeing 737 aircraft, which earlier belonged to Jet Airways, to its fleet, making its first move to fill the space vacated by the distressed airline.
This is apart from a recruitment drive for cabin crew that Vistara is holding this week, which will attract applications from Jet Airways' employees who haven't received their salaries since March.
The Boeing aircraft will be new for Vistara, which has till now preferred to have Airbus narrow bodies. At present, it has a fleet of 22 Airbus 320 planes.
"Vistara will undertake a short differences training for pilots, crew and engineers to comply with Vistara’s standards and will be in operation soon," said a senior industry executive.
Commenting on the same, the Tata Sons-Singapore Airlines joint venture airline said: “The recent reduction in capacity has inconvenienced travellers, especially in the full-service segment. We will continue to grow our network to meet market demand."
Till now, IndiGo and SpiceJet have been aggressive in expanding their network and adding capacity after Jet Airways suspended operations earlier this month. While both low-cost airlines have added over 100 flights in three months, SpiceJet has added 27 aircraft, all from Jet Airways, to its fleet.
Vistara also added 14 new flights in April, mostly from Mumbai, to meet the peak summer demand. It will also vie for airport slots that belonged to Jet Airways and are now being given away by the government, which wants to make sure there are enough flights to keep fares in check.
The airline is also adding to its headcount and has scheduled walk-in interviews to hire cabin crews this week in Mumbai.
This will help Jet Airways' employees, who stare at an uncertain future. Their hope is now in the bidding process, where four suitors are expected to submit bids by May 10.
The employees though fear about their jobs, salaries and the benefits like gratuity and provident fund that have been saved over the years.
The employees will now have more options, with Vistara too looking to add to its fleet, increase flights and up its market share. "The competition will now increase" said the industry executive quoted above.

Source:  https://www. moneycontrol.com/news/business/companies/vistara-to-add-six-boeing-737-aircraft-from-jet-airways-3906161.html


Investment  trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance. CapitalStars Investment Adviser: SEBI Registration Number: INA000001647
 
For more details call on 9977499927 or visit our website www.capitalstars.com