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15-Minutes Built-Up Screen: ITC Case Study

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ITC, a diversified multi-business conglomerate, led the rally in consumer stocks on Monday after the government last week finalized rates for the upcoming goods and services tax (GST).

The NSE FMCG index surged 3.6 percent to a record high on May 22. Meanwhile, ITC rallied nearly 5.9 percent to an all-time high.

Heckyl 15-minutes built-up screen showed a series of long built ups for ITC, signaling a bullish bias for the day.

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10 Essential Tools Every Investor Should Have

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Whether you are new to the world of investing or an experienced investor, Heckyl Trading Platform should prove a valuable resource as you attempt to earn the profit in today’s complex stock markets. Heckyl integrated real-time market data, news, and financial analytics in the trading platform to meet the demands of investors. We present a list of 10 essential investment tools that every investor should have:

1. Company overview – Everything You Need to Know About a Company
Get a bird-eye view on fundamentals and technical indicators for any company in a single screen. 

Company Overview

2. Health Score – Find Multibagger Stocks
Find out whether the company is fundamentally weak or strong just by looking at Health Score, a single number composite financial performance indicator. Health Score analyzes Company on 25 key financial ratios and performance indicators. (Read more about Health Score)

Health Score Read the rest of this entry »

Did you miss it AGAIN? A trading opportunity in Turmeric?

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Higher mandi arrivals for 2017 have slammed Turmeric prices in the past few months. Early signals of bumper production for this year were visible from February onwards. Prices, however, started reacting only from March.

While the March and May prices fell in line with past seasonality patterns, record Turmeric arrivals caused prices to buck the past seasonality trend for the month of April.

Spike in Turmeric market arrivals
Turmeric Seasonality and Market Arrival Screen (May 16, 2017)

Turmeric prices tend to fall during March and May every year on the back of new stock arrivals in the market. For the past 5-years, the average drop in Turmeric prices for March and May was 7.25 percent and 4.15 percent respectively.

On the other hand, Turmeric prices moved up during April every year. The average gain in Turmeric prices for April was 1.05 percent for the last 5-years.

In 2017, fall in Turmeric prices in March and May first half was more pronounced than the 5-year average drop in prices for these two months.

In March this year, Turmeric prices fell 8.70 percent. As on May 16, 2017, Turmeric price was down 7.59 percent when compared with April closing.

However, Turmeric prices deviated from historical trend by falling 3.50 percent during April amid record stock arrivals. Read the rest of this entry »

Did you miss this opportunity to long MCX Natural Gas in Apr’17?

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It is quiet intuitive that different seasons of a year impact the demand and availability of agricultural commodities thereby influencing the prices. However, empirical evidence suggests that seasonality plays a big factor in pricing of non-agricultural commodities as well.

Here, we present a case for Natural Gas. Prices of MCX Natural Gas gained in April every year from 2012 to 2016. The year of 2017 was no exception. MCX Natural Gas posted a gain of over 3% in April this year.

Seasonality screen - Natural Gas_09-05-2017 - Copy
[Heckyl’s Seasonality Screen]
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Jain Irrigation: News alert analysis

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Jain Irrigation Systems, a leading manufacturer of irrigation systems, pipes & fittings and plastic sheets, witnessed a surge in share price on Wednesday (April 19) after the company announced acquisition of two US based micro-irrigation dealers. The company has agreed to acquire 80 percent stake in Agri-Valley Irrigation Inc (AVI) and Irrigation Design and Construction Inc (IDC) for $48.50 million.

“The merger will help Jain Irrigation to forward integrate itself in the value chain and build direct relationships with growers. This fits into company’s strategy to participate in end to end project solutions to harness company’s unique capabilities in integrated irrigation project solutions,” the company said.

Jain Irrigation witnessed a huge buying interest in the stock market following positive news update. The stock jumped 8.50 percent to settle at Rs. 107.90 on Wednesday. The volume of shares spiked 8.5 times over the past 30-days average.  

Heckyl news engine issued news alerts about aforesaid acquisition at 11:16 am on April 19 immediately after the company issued notification to the Bombay Stock Exchange (BSE). The news alert was issued ahead of major price action. At 11:16 am, the stock price was at Rs. 102.05. Read the rest of this entry »

Bhushan Steel: News Alert Analysis

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Bhushan Steel, one of the leading players in the Indian steel industry, jumped to a 52-week high on Monday after the media reports stated the company submitted final proposal for corporate debt restructuring programme.

According to media reports, Bhushan Steel submitted final proposal for debt restructuring under the Reserve Bank of India’s Scheme for Sustainable Structuring of Stressed Assets (S4A) scheme in the last month. S4A was unveiled by the central bank last year to make debt recasts easier.

Bhushan Steel has been in financial distress. The steel maker had Rs 44,477.90 crore debt on books at the end of fiscal year 2015-16.

On Monday, shares of Bhushan Steel rallied 13.46 percent to settle at Rs 68.30 on the NSE.

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