Top Trading Ideas from Market Expert for Trade Tomorrow (14 Sep 2017)

Research Head (MONEY MAKER RESEARCH & INVESTMENT ADVISOR PVT LTD) is having a view that one can go long in IB VENTURE.

“IB VENTURE is the stock which I would recommend to buy above Rs 288; this can see a upside to levels closer to Rs 300 - 305 zones, keep stop loss below Rs 270”.

The origination of the low cost housing efforts and Real Estate Bill will provide an urgue to sales and the Company is geared to take leverage of the same through its realty distribution business.

Company has a given a good return on equity (ROE) track record: 3 Years ROE 32.08% & also maintaining a healthy dividend payout of 60.68%.

Stock also has been gaining for the last 7 days and has risen 24.59% in the period & Price has risen by 7.13% and Vol has risen by 51.97%.

IB VENTURE was closed 6.95 per cent up today at Rs 283.75 at NSE.

Rupee hits One-week low against US dollar - Update by Money Maker Research

The Indian rupee on Thursday was trading at a one-week low against the dollar, tracking losses in the Asian currencies markets. The rupee opened at 64.17 per dollar and touched a low of 64.1 and was trading at 64.14 per dollar, down 0.22 percent from its last day’s close of 63.99. The fall in rupee was also on account of continued selling by the FIIs in the local equity markets.  So far this year, the rupee has gained 5.9%, while Foreign Institutional investors have bought 6.35 billion dollar in equity market and 20.35 billion dollar in debt markets, as per data.

The govt will issue inflation data based on WPI for the month of August today afternoon. As per estimate, wholesale price inflation (WPI) will be at 3.2 percent in August compared to 1.88 percent in July. 

The dollar index was trading at 92.463, down 0.07 percent from its previous close of 92.52.

Future Enterprises Bull on Chart buy for Tomorrow Trading ( 13 Sep 2017 )

Research Head (MONEY MAKER RESEARCH & INVESTMENT ADVISOR PVT LTD) is having a view that one can go long in FUTURE ENTERPRISES.

“FUTURE ENTERPRISES is the stock which We would recommend to buy above Rs 62.50; this can see a upside to levels closer to Rs 65 - 66 zones, keep stop loss below Rs 59”.

Future Enterprises Limited, formerly Future Retail Limited, is engaged in the business of multi brand retail trading. The Company's store networks include over 738 stores in approximately 221 cities, which are operated under various brand names, including easy day and KB's. The Company's retail business consists of Hypermarket and Supermarket, and Home Solutions. The hypermarket and supermarket business is led by Big Bazaar, fbb, Food Bazaar and Food hall, and the Company operates over 300 Big Bazaar, fbb and food bazaar stores in approximately 244 cities across the country. The home solutions business includes Hometown and Ezone. Hometown is a one-stop destination for home-making solutions. Ezone is a lifestyle format that consists of consumer electronic and durables brands. KB's offers exotic range of food products through over 500 stores. Easy day operates approximately 320 stores in Delhi and the National Capital Region; Punjab; Haryana, and Western Uttar Pradesh.

Stock is trading at 0.67 times its book value & has been maintaining a healthy dividend payout of 27.79%.

FEL was closed 1.12 percent up today at Rs 54.05 at NSE.