commodity trends

buy

zinc: cmp : 102.90
target : 104
sl: 102.30


buy nikel arround 446 to with sl 443 and target 460 dont buy at  cmp

COMMODITY BTST CALLS

BTST CALLS

buy copper @ 431 for target of 437
sl : 429

buy nickel @ cmp 948
sl 940
target : 980

commodity calls

short copper

cmp: 432.50
sl  : 433
target1 : 427
target 2: 425

if copper break this sl than double plus at 433.10 for target of 437



book profit in earlier copper buying call

Option strategy

Buy :

nifty 5700 call
nifty 5300 put

sell:

nifty 5500 call
nifty 5500 put

COMMODITY CALLS

GOLD :

BUY GOLD APRIL CONTRACT

CMP : 27580
TARGET : 28000
SL : 27550

Otherwise dont take sl and hedge may position at 27770 if gold brake this point short position in hedging will give 200 points . Hedging preferred because gold will come up after 27550 so instead of taking sl do hedge.

nikil

Buy at 975 and sell arround 985 for intraday with sl at 972

calls for two days

Buy :

suzzlon (Two days call)

cmp: 29.50
target : 32
target : 34
intraday target : 30.50
sl: 29.30

Basf

cmp: 515
sl: 499
target: 550
target : 580
intraday: 530

kalindi

cmp: 106.60
Target 1 : 118
target 2 : 125
intraday : 112
sl: 106

Commodity trend

Zinc :

zinc can be bought at 100.50 with sl of 99.50 and target of 107

It genarally moves in the range of 100 - 107 . so any trader can buy arround 100.50 and short it around 106

Nickel :

Nickel is trading arround life time low of 944 it has life time high of 1080

short term trend :

It can be brought arround 950 and at the end of 2 -3 days can be sold arround 985

long term trader :

It can be brought at the market price of 955 and hold for two weeks for target of
target 1 : 1000
target 2:  1025
target 3:  1050

Copper:

short term :

 It can be brought at 420 and can be sold at 427 in next 2 days

long term :

It can be bought at market price of 425 with target of 450

Intraday call

HINDUNILEVER

Share can be bought at 277 with Sl 275.50 and target of 285-290 for two days

Yearly graph

Nifty vs hindunilever

Earnings Per Share

Consensus Estimates Analysis

	# of Estimates	Mean	High	Low	1 Year Ago
SALES (in millions)
Quarter Ending Mar-12	8	57,766.20	68,924.80	53,244.40	53,244.40
Year Ending Mar-12	35	224,477.00	230,790.00	209,197.00	216,012.00
Year Ending Mar-13	34	254,539.00	265,482.00	228,534.00	242,656.00
EARNINGS (per share)
Quarter Ending Mar-12	3	3.05	3.26	2.90	--
Year Ending Mar-12	36	12.07	12.84	11.00	11.39
Year Ending Mar-13	35	14.00	14.90	12.40	13.05
LT Growth Rate (%)	9	13.55	20.00	7.40	11.30

Sales and Earnings Figures in U.S. Dollars (USD)

Valuation Ratios

	Company	Industry	Sector
P/E Ratio (TTM)	51.04	47.72	31.32
P/E High - Last 5 Yrs.	--	2.86	48.78
P/E Low - Last 5 Yrs.	--	1.69	16.09
Beta	0.23	0.25	0.50
Price to Sales (TTM)	6.06	5.55	2.40
Price to Book (MRQ)	--	0.25	6.28
Price to Tangible Book (MRQ)	--	0.10	5.24
Price to Cash Flow (TTM)	46.06	42.17	16.96
Price to Free Cash Flow (TTM)	--	12.80	11.02
% Owned Institutions	--	--	--

Dividends

	Company	Industry	Sector
Dividend Yield	1.83	1.94	1.83
Dividend Yield - 5 Year Avg.	--	0.27	1.37
Dividend 5 Year Growth Rate	--	0.96	8.62
Payout Ratio(TTM)	--	6.46	60.82

Growth Rates

	Company	Industry	Sector
Sales (MRQ) vs Qtr. 1 Yr. Ago	13.37	12.03	9.17
Sales (TTM) vs TTM 1 Yr. Ago	14.57	13.34	8.71
Sales - 5 Yr. Growth Rate	--	0.43	9.26
EPS (MRQ) vs Qtr. 1 Yr. Ago	24.36	17.56	0.71
EPS (TTM) vs TTM 1 Yr. Ago	12.43	--	--
EPS - 5 Yr. Growth Rate	--	0.60	8.74
Capital Spending - 5 Yr. Growth Rate	--	0.16	11.90

Financial Strength

	Company	Industry	Sector
Quick Ratio (MRQ)	--	0.09	0.64
Current Ratio (MRQ)	--	0.13	0.86
LT Debt to Equity (MRQ)	--	2.98	58.82
Total Debt to Equity (MRQ)	--	4.67	78.18
Interest Coverage (TTM)	--	1.07	0.72

Profitability Ratios

	Company	Industry	Sector
Gross Margin (TTM)	45.47	45.95	36.56
Gross Margin - 5 Yr. Avg.	--	5.41	35.87
EBITD Margin (TTM)	15.99	--	--
EBITD - 5 Yr. Avg	--	1.82	13.55
Operating Margin (TTM)	14.80	14.47	8.43
Operating Margin - 5 Yr. Avg.	--	1.44	10.41
Pre-Tax Margin (TTM)	14.80	14.45	8.52
Pre-Tax Margin - 5 Yr. Avg.	--	1.38	10.39
Net Profit Margin (TTM)	12.14	11.73	5.92
Net Profit Margin - 5 Yr. Avg.	--	1.00	7.11
Effective Tax Rate (TTM)	17.94	19.36	29.70
Effecitve Tax Rate - 5 Yr. Avg.	--	3.35	30.23

Efficiency

	Company	Industry	Sector
Revenue/Employee (TTM)	--	401,802	32,823,723
Net Income/Employee (TTM)	--	10,440	1,175,810
Receivable Turnover (TTM)	--	1.10	41.61
Inventory Turnover (TTM)	--	0.59	6.04
Asset Turnover (TTM)	--	0.10	0.78

Management Effectiveness

	Company	Industry	Sector
Return on Assets (TTM)	--	0.65	3.98
Return on Assets - 5 Yr. Avg.	--	0.68	8.22
Return on Investment (TTM)	--	0.89	6.63
Return on Investment - 5 Yr. Avg.	--	0.92	13.88
Return on Equity (TTM)	--	1.30	11.88
Return on Equity - 5 Yr. Avg.	--	1.36	18.73

TRADE DEFICIT

China Has Largest Trade Deficit Since 1989 as Imports Gain

               

 

China reported its biggest trade deficit since at least 1989 in February as Europe’s debt crisis crimped exports and imports rebounded after a weeklong holiday.
The shortfall was $31.5 billion, the customs bureau said on its website today. Imports rose 39.6 percent from a year earlier, after a 15.3 percent slump in January, while exports increased 18.4 percent, the bureau said. Data in the first two months are distorted by the timing of the Lunar New Year holiday, which fell in January this year and February in 2011.
Today’s data, along with lower-than-forecast expansion in industrial output and retail sales reported yesterday, raise the odds PremierWen Jiabao will ease policies to support growth in the world’s second-biggest economy. Commerce Minister Chen Deming’s warning this week that boosting trade by 10 percent this year will require “arduous efforts” may also signal a slower pace of yuan gains as policy makers seek to aid exporters.
“Easing inflation and weakening economic activity send a strong signal for further loosening in the upcoming months,”said Shen Jianguang, Hong Kong-based chief greater China economist for Mizuho Securities Asia Ltd. who previously worked for the International Monetary Fund and European Central Bank.
The government is likely to cut banks’ required reserves in March, the third reduction in four months, while appreciation in the yuan will be “difficult,” Shen said.

Weaker Yuan

China has allowed its currency to weaken against the dollar this year, aiding exporters, as Europe’s sovereign-debt turmoil clouds the outlook for overseas sales. Chen, speaking to reporters March 7, said the yuan exchange rate is in a reasonable range.
The nation may “appropriately” widen the yuan’s trading band to better reflect market supply and demand, People’s Bank of China Governor Zhou Xiaochuan said, according to a March 5 report by the official Xinhua News Agency.
The deficit was the first in a year and largest in data compiled by Bloomberg going back to 1990. The previous record shortfall during that time was $7.87 billion in February 2004. It compared with the median estimate for a $5.35 billion deficit in a Bloomberg News survey of 28 economists. Analysts forecast a 31.1 percent gain in exports from a year earlier and a 31.8 percent increase in imports.
Some analysts lowered estimates for export growth after Chen said March 7 that outbound shipments rose about 7 percent over the first two months of the year, a figure confirmed in today’s release. Nomura Holdings Inc. forecast a gain of 18.7 percent, while Societe Generale SA projected 18 percent.

Seasonal Adjustments

The relatively fast nominal growth in trade resulted from the timing of the Lunar New Year, the customs bureau said. Including seasonal adjustments, exports in February rose 4 percent from a year earlier while imports gained 9.4 percent, it said.
Asian stocks gained yesterday on speculation China’s government will take steps to boost growth. The MSCI Asia Pacific Index (MXAP) rose 0.7 percent, while China’s benchmark Shanghai Composite Index increased 0.8 percent. The yuan rose 0.09 percent to 6.3107 against the dollar.
February exports totaled $114.5 billion, while imports were $146 billion. China’s shipments to the U.S. climbed 22.6 percent from a year earlier to $19.4 billion after a 5.4 percent gain the previous month, the data show. Imports from the U.S. jumped 43.4 percent to $11 billion.
Overseas sales to the European Union, China’s biggest market last year, rose 2.2 percent to $19.4 billion, after a 3.2 percent drop in January.

Copper Imports

Imports of copper by China last month were the second-highest on record, the data showed, after the weeklong holiday slowed customs clearance in January.
Net crude oil imports increased to a record to meet rising demand as farmers prepare for the planting season and the government adds to emergency stockpiles. The average price of February’s crude imports was $112.39 a barrel, up from $92.28 in the same month last year, according to Bloomberg calculations.
Wen, in his state-of-the-nation work report to lawmakers at the National People’s Congress this week, said the government will “carry out timely and appropriate anticipatory adjustments and fine-tuning” of fiscal and monetary policies.
Suntech Power Holdings Co., the largest maker of solar panels, said increased competition and government subsidy cuts will lead to a first-quarter drop in shipments, according to a statement March 8 from the Wuxi, China-based company. Deliveries in the first quarter will decline by about 30 percent from the fourth quarter, it said.
The nation will still see a sizable trade surplus for the full year, as the deficit early in 2012 is largely seasonal, according to Song Yu, a Beijing-based economist with Goldman Sachs Group Inc.
--Zheng Lifei. With assistance from Ailing Tan in Taipei and Regina Tan, Huang Zhe, Helen Sun, Baizhen Chua, Huiwen Yang and Lily Lou in Beijing. Editors: Scott Lanman, Nerys Avery