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K.chandrasekaran K

K.chandrasekaran K

City: Chennai

Joining Date: 24 Apr , 2010
Last Login: 02:14 PM - 20 Oct , 2018
IP Address of Last Login - 49.206.115xxx
Profile Verified by Mobile.

Reply for: JUST FOR MY SON

K.chandrasekaran K at 02:19 PM - Oct 20, 2018 ( )

Many more happy returns of the day Ayaan. May God bless you 

with good health and happiness.

Reply for: I N F O S Y S ( Umesh ) ( 07- 10 - 2018 = Mon )

K.chandrasekaran K at 09:57 AM - Oct 07, 2018 ( )

Thanks Umesh Saab.

Reply for: NIFTY ANALYSIS WEEKLY AARESKAY 01-10-2018

K.chandrasekaran K at 08:54 AM - Oct 01, 2018 ( )

Very clear-cut levels.

Reply for: good volumes

K.chandrasekaran K at 10:31 AM - Sep 09, 2018 ( )

Very good information Arjun Sir.

Reply for: National Aluminium Co Ltd

K.chandrasekaran K at 11:57 AM - Aug 29, 2018 ( )

Today's High Rs 77/80 with big volumes of more than 80 lakhs.

Now only Rs 80 level is to be broken. Then there will be hectic short covering.

Reply for: National Aluminium Co Ltd

K.chandrasekaran K at 08:43 PM - Aug 27, 2018 ( )

Today's High Rs 75/50 and closed at Rs 74/40. Call OI at Rs 70 and Rs 72/50

shifted to Rs 75 and Rs 77/50.  as for Aug 18 expiry. Next month series also

strong Call build up at Rs 80 level. So if Rs 80 is taken out, then no stopping

atleast upto Rs 100 level. 

Reply for: National Aluminium Co Ltd

K.chandrasekaran K at 12:04 PM - Aug 21, 2018 ( )

From today's low of Rs 71/65 to Rs 73/20

Reply for: National Aluminium Co Ltd

K.chandrasekaran K at 09:49 PM - Aug 20, 2018 ( )

There is big OI of 24 lakhs at Rs 75 call and 11.76 lakhs at Rs 80 call. So if both these 

levels are taken out, it will be a free upward movement. 

New Thread: National Aluminium Co Ltd

K.chandrasekaran K at 08:44 PM - Aug 20, 2018 ( )

Equity Rs 966.50 crores  Reserves Rs 9538 crores  TTE Rs 9.82  Industry PEM 22.45 times

CMP Rs 71/55  PEM 7.3 times. So conservative market price should be above Rs 200.

It is a totally debt-free company. Declared final dividend of 20% i.e. Rs 1 per share

FV being Rs 5. Ex-date is 23/8/2018. 

Recent High Rs 97/60 on 1/11/2017

Recent Low Rs 56/55 on 16/7/2018.

There is also a rumour that the company may go for share buy-back.

So taking into account all the above factors, Company's share price is poised for a big break-out.

Mudraa members may please follow this company carefully.

Reply for: NIFTY JUNE LOWS TO JULY HIGHS

K.chandrasekaran K at 10:48 AM - Jul 28, 2018 ( )

History has truly repeated.

Reply for: General Discussion

K.chandrasekaran K at 09:53 AM - Jul 28, 2018 ( )

Thank you Sreenivasa Rao and Rakesh Dedhia.

Reply for: General Discussion

K.chandrasekaran K at 02:44 PM - Jul 27, 2018 ( )

Hemant Saab, 

Please also confirm whether what I have mentioned as turnover for share business

is correct or not. Please also confirm that no audit will be required even if income

from share business alongwith other heads like income on deposits exceeds tax

exemption limit, provided my turnover is less than Rs 1 crore.

Thanks in advance.

Reply for: General Discussion

K.chandrasekaran K at 02:33 PM - Jul 27, 2018 ( )

Thank you Hemant Saab for your prompt reply. But would you kindly quote any 

article or any references to substantiate the above fact. I am not questioning

your rightness, but I require for keeping in my record so that I can freely engage

in share business. After going through many articles on Tax on share business, 

I was really scarred as I am not in a position to maintain books of accounts at this

age ( 66 years ). I was given to understand that If you do share business daily

on intraday basis as now-a-days 3 to 4 times margin money is available for

doing intraday trading, you will be treated as doing business as against a sheer

investor ( buying and selling for short or long term ) and may be required to subject

yourself to tax audit.

New Thread: General Discussion

K.chandrasekaran K at 02:20 PM - Jul 27, 2018 ( )

Any member of Mudraa may please clarify my doubt.

As per Sec 44AB of IT Act, any person engaged in any profession say in our case it is share business,

if his turnover exceeds Rs 1 crore, he has to get his accounts audited.

Turnover is defined as under:-

(1) If share business done on delivery basis, we have to include both profits and losses. Whereever

gains are there, we have to include sales pertaining to that gain also.

(2) For intraday trading, all losses and gains should be taken into account.

(3) For FNO trading, in respect of Futures, all losses and gains should be added to turnover.

However in respect of Options, all gains, losses and also all premiums received on option sales

should be added to turnover.

If turnover as above is less than Rs 1 crore and total income like salary, business income as above

is less than Rs 2.5 lakhs ( Rs 3 lakhs for senior citizens ), no audit is required.

My question is if Turnover in share business is less than Rs 1 crore, but taking into account others

like salary, interest on Bank Deposits etc if total income exceeds Tax exemption limit viz Rs 2.5 lakhs

( Rs 3 lakhs for senior citizens ) will I require Tax audit to be done?

Reply for: Option trading - concepts and how to use it ?

K.chandrasekaran K at 12:01 PM - Jun 30, 2018 ( )

When Put OI is more at any strike price than Call OI, Bull has upper hand.If Call OI is more than Put OI,

then Bears have upperhand. This is the general concept.

Reply for: NIFTY JUNE LOWS TO JULY HIGHS

K.chandrasekaran K at 09:10 AM - Jun 30, 2018 ( )

Excellent data Sundaram Sir.

Reply for: Option trading - concepts and how to use it ?

K.chandrasekaran K at 08:49 AM - Jun 30, 2018 ( )

In my view writing( selling ) options is the most profitable proposition most of the times, but it requires huge 

margin. That is why most of the retailers are not sellers, but only institutions and FIIs. And that is the reason

why retailers mostly end in losses. For buying either Put or Call, small margin will do. That is why option

option trading is heavily loaded against retailers. Margin is decided by I think NSE. So all retailers should

take up the matter with NSE or SEBI. In case MTM falls on selling, brokers can square up the position of 

retail sellers against thr margin money. i hope my above view is correct, if wrong, members can give

their views. My point is that same margin should be required for both buying and selling by retailers. 

New Thread: Margin Money required for selling Option

K.chandrasekaran K at 10:34 PM - Jun 06, 2018 ( )

What is the margin required for selling 1 lot of option for say Infosys ( lot 600 ). 1300CE is

costing at around Rs 3.75 to Rs 4. If I see Google they say that it is 50% of SPAN + MTM.

I am not able to understand this concept. Members may please give correct figures.

Is the market betting for a BJP victory, as 10800 NIFTY Spot has crossed?

Reply for: Polyspin Exports

K.chandrasekaran K at 08:16 PM - May 03, 2018 ( )

Today's close Rs 143/55 after touching 52 week High of Rs 146/10

Reply for: NIFTY FUTURE

K.chandrasekaran K at 11:32 AM - May 01, 2018 ( )

Hemant Saab,

Please give your views on daily basis. Your views are almost 100% accurate.

Thanks in advance.

Reply for: APRIL 2018 expiry views

K.chandrasekaran K at 07:08 PM - Apr 23, 2018 ( )

Dear Stephin Sir,

You say that FIIs are long in Puts and squared up Nifty calls. If you look at the NSE site for FIIs transactions

in Index options, Buying and selling of Index options are almost same ( there is a small difference ) as also

No of contracts bought and sold. So how to find out whether FIIs have bought Puts or calls and sold 

puts or calls. Is there any website to find out FII figures for each Put and Call transactions? Ofcourse, 

from OI position, we can understand that calls have been squared up and puts have been added upto 10600

level. That means Bulls have upper hand as on today.

Reply for: FIIs

K.chandrasekaran K at 09:43 PM - Apr 04, 2018 ( )

Can any senior members throw light on this concept as it would be very useful in understanding the trend of the market.

New Thread: FIIs

K.chandrasekaran K at 07:46 PM - Mar 31, 2018 ( )

FIIs on 28/3/18 bought  Options worth Rs 116454 crores and sold Options worth Rs 109502 crores.

Now how to find out how much they have bought and sold Call options and how much they have

bought and sold Put options both for March 18 expiry and April 18 expiry?

New Thread: sUGAR STOCKS

K.chandrasekaran K at 11:23 AM - Mar 02, 2018 ( )

Sugar prices have jumped from $ 13.01 on 28/2/18 to $ 13.71 on 1/3/18. So can we see some upmoves

in sugar stocks which have been beaten heavily for the past 1 month?

New Thread: Mawana Sugars--CMP Rs67

K.chandrasekaran K at 08:28 PM - Jan 20, 2018 ( )

Due to crash of sugar prices in international markets, all the Indian sugar stocks are terribly down.

Mawana Sugars is down by more than 50% from its peak of Rs 144. As soon as sugar prices

stabilise, this stock will sky rocket as it has an EPS of more than 40 after excluding exceptional

items  ( with PEM of just 1.5 times) against industry average of more than 7 times. Mudraa members

may please watch this company along with international scenario of sugar prices.

New Thread: Delisting Offer

K.chandrasekaran K at 07:52 PM - Jan 09, 2018 ( )

Infinite Computer Colutions which was quoting at Rs 278 yesterday, today closed at Rs 333

being in 20% UC. The company has offered to delist from the bourses voluntarily. Now any

Mudraa member please tell us why it should end up in UC on mere offer of de-listing. What

is the rationale? When Infosys offered to buyback its shares at Rs 1150 and market price

obtaining at the time of offer being less than Rs 1000, it has not flared-up. Please enlighten us. 

New Thread: HB Stock Holdings Ltd--CMP Rs 56/25

K.chandrasekaran K at 11:56 AM - Jan 07, 2018 ( )

I give below some important data about the Company which Mudraa members may please go through.

Equity  Rs 24.2 crores  Reserves Rs 122 crores   DEBT--Nil   FV Rs 10

EPS Rs 6.11 ( TTM )   PEM 9.2 times.    Industry ( Financial sector ) PEM 47 times.

Recent High Rs 56/35 on 21/12/17   Recent Low Rs 47/55 on 1/1/18. Since in UC for the past 2 days.

Has consolidated heavily between Rs 30 to Rs 40 and has given a break-out. Dec'17 Quarter

results are expected before 15/1/18. Please watch the results.

Promoter Holding  53%  Public Holding  47%  FII Holding-- Nil

New Thread: Vedavaag Systems--CMP Rs 65

K.chandrasekaran K at 08:44 PM - Jan 01, 2018 ( )

I give below particulars which members may please go through:-

Equity Rs 14/25 crores  Reserves Rs 32 crores   Debt--Nil  

Expected 12 months EPS for 2017-18-- 9 So PEM 7.25 times against 

Industry ( computers-software ) PEM of 20 times. Has undergone heavy consolidation between Rs 45 

to Rs 55. Has given a break-out with good volumes for the past 2 days.

Listed only in BSE.

New Thread: Debt Free Companies

K.chandrasekaran K at 11:28 AM - Dec 23, 2017 ( )

Archidply Industries, Star Paper Mills, Manali Petrochemicals are debt free companies. They are

having short term borrowings, but no long term debts. If any more companies are debt free

( IT companies may be exempted ) members may please advise in this forum for the benefit

of all members. Is there any specific site for seeing this information?

New Thread: Mangalam Drugs & Organics Ltd

K.chandrasekaran K at 12:07 PM - Dec 17, 2017 ( )

Appears to have decent fundamentals. Equity Rs 16 crores. Reserves Rs 70 crores.

Debt Rs 60 crores both short term and long term put together. TTE 15 PEM less than 12

Industry ( pharma ) average 29 times. Recent High Rs 202 on 6/12/17. Recent Low Rs 141

on 28/9/17. Has undergone good consolidation between Rs 140 to Rs 160. CMP Rs 176.

Mudraa members may please keep close watch on this company.

New Thread: L&T Finance Holdings

K.chandrasekaran K at 08:10 PM - Dec 16, 2017 ( )

Appears to be a fundamentally good stock. CMP Rs 168. Heavily corrected from High of Rs 214 on 

24/10/17. It has taken support at around Rs 160 levels. Put OI also suggests it may not go below

Rs 160. Facing heavy resistance at around Rs 170  Rs 175 and Rs 180 levels. Max Call OI is at 

Rs 180 levels.  Members may please watch this company closely. 

New Thread: Power Grid Corporation Ltd--CMP Rs 200/50

K.chandrasekaran K at 11:25 PM - Dec 13, 2017 ( )

NSE Index based Company with decent fundamentals. Every quarter reporting consistent profits

with steady growth. After reaching recent High Of Rs 220 on 3/11/17, it has corrected and reached

low of Rs 199 on 6/12/17. It is trading steadily between Rs 200 to Rs 205. If market remains steady,

we may see some higher levels. But it is a very slow moving stock. Members may please watch this 

company.

New Thread: Sundaram Multi Pap Ltd--CMP Rs5

K.chandrasekaran K at 10:47 PM - Dec 13, 2017 ( )

Daily huge volume is taking place in this company. There is hardly a movement of more than

50 to 60 paise, but volumes are phenomenal. May be operator driven. It has made a huge

consolidation between Rs 3 to Rs 4 for the past 2 months. Just now crossed Rs 5. Fundamentals 

not that strong to warrant such huge volumes. Something fishy.

New Thread: Paper Companies

K.chandrasekaran K at 12:35 PM - Dec 10, 2017 ( )

All Paper companies like Star Paper, Shreyana Industries, Ruchira Papers, TNPl, JK Paper

etc all have risen on 8/12/07. Any particular reason?

New Thread: Omkar Speciality Chemicals

K.chandrasekaran K at 11:02 PM - Dec 08, 2017 ( )

Company has Equity of Rs 21 crores and Reserves of Rs 62 crores. Long Term and Short Term

Borrowings put together exceeds Rs 200 crores which is very high ( DebtEquity Ratio of 

nearly 10:1 ) But the company is performing decently having TTE of nearly 18 ( after excluding

one time exceptional loss ). CMP Rs 76/50. PEM of under 5 against Industry average of 50+

Quarterly results are to be declared on 14/12/17. If it is able to maintain the same growth in

profits, chances of going up very bright. Co has undergone huge consolidation around 

Rs 70 to Rs 75 levels for quite sometime. Mudraa members may please keep a watch on this

company.

New Thread: Ganesh Housing Corporation

K.chandrasekaran K at 10:49 PM - Nov 11, 2017 ( )

Equity Rs 49 crores   Reserves Rs 688 crores Debt Rs 171 crores

TTE  15.69   PEM 6.9   CMP Rs 108  Industry PEM around 40 times.

Recent High Rs 158 on 10/7/17   Recent Low Rs 101 on 24/5/17

Most recent High Rs 147 on 16/9/17  Most recent Low Rs 106 on 10/11/17 ( today )

The stock is in correction mode. It is having decent fundamentals.

Results are to be declared on 14/11/17. It should be good. Let us see whether

it breaches Rs 101 being Low made on 24/5/17. If it holds, then we may see trend reversal.

Mudraa members may please keep a careful watch on this stock.

New Thread: Infosys Buyback offer at Rs 1150

K.chandrasekaran K at 02:26 PM - Oct 14, 2017 ( )

Infosys has fixed record date as 1/11/2017 for buyback of shares at Rs 1150. Same is also

the record date for benefit of interim dividend to be declared at board meeting on 24/10/2017.

What is the implication of this offer? I have never participated in a buyback offer. Now Infy close 

on 13/10/2017 was Rs 930. There is a difference of nearly Rs 220 between closing price and

buyback offer price. Suppose if I bought 50 shares on 13/10/2017, what will be my profit?

When will I get back offer price from the company?

New Thread: New Additions

K.chandrasekaran K at 08:19 PM - Jun 28, 2017 ( )

5 new stocks will be added to FNO. from 30/6/2017. They are

Chennai Petroleum Corporation Ltd

Manappuram Finance Ltd

Repco Home Finance Lts

SREI Infrastructure Finance

ICICI Predential Life Insurance Co.

New Thread: Gold

K.chandrasekaran K at 10:15 PM - May 04, 2017 ( )

Gold has fallen from recent High of Rs 30901 on 4/10/2016 to 

today's Low of Rs 28020. A fall of nearly Rs 2900. What is the

reason for this stupendous fall? Dollar Index has not increased

correspondingly. Even on 27/2/2017, High was Rs 29785. Suddenly

there is a fall. Any specific reason for this great fall?

Threads by K.chandrasekaran K
TitleDate
National Aluminium Co Ltd [5 ] Fundamental Calls 20 Aug, 2018
General Discussion [9 ] Accounting & Taxes 27 Jul, 2018
Margin Money required for selling Option [3 ] Futures & Options 06 Jun, 2018
FIIs [2 ] Futures & Options 31 Mar, 2018
sUGAR STOCKS [1 ] General Discussion 02 Mar, 2018
Mawana Sugars--CMP Rs67 [4 ] Fundamental Calls 20 Jan, 2018
Delisting Offer [3 ] General Discussion 09 Jan, 2018
HB Stock Holdings Ltd--CMP Rs 56/25 [2 ] Fundamental Calls 07 Jan, 2018
Vedavaag Systems--CMP Rs 65 [6 ] Fundamental Calls 01 Jan, 2018
Debt Free Companies [4 ] General Discussion 23 Dec, 2017
Mangalam Drugs & Organics Ltd [3 ] Fundamental Calls 17 Dec, 2017
L&T Finance Holdings [8 ] Fundamental Calls 16 Dec, 2017
Power Grid Corporation Ltd--CMP Rs 200/50 [1 ] Fundamental Calls 13 Dec, 2017
Sundaram Multi Pap Ltd--CMP Rs5 [2 ] General Discussion 13 Dec, 2017
Paper Companies [6 ] General Discussion 10 Dec, 2017
Omkar Speciality Chemicals [2 ] Fundamental Calls 08 Dec, 2017
Ganesh Housing Corporation [13 ] Fundamental Calls 11 Nov, 2017
Infosys Buyback offer at Rs 1150 [2 ] General Discussion 14 Oct, 2017
New Additions [1 ] Futures & Options 28 Jun, 2017
Gold [1 ] General Discussion 04 May, 2017
Sonata Software Ltd [3 ] Fundamental Calls 03 May, 2017
Multi Baggers with Low PEMs [8 ] Fundamental Calls 22 Jan, 2017
Infosys CMP Rs 976 [4 ] Fundamental Calls 14 Jan, 2017
Manali Petrochem Ltd--CMP Rs 34 [4 ] Fundamental Calls 19 Dec, 2016
Swan Mills Ltd--FV Re1 CMP Rs 172 [3 ] General Discussion 14 Dec, 2016
Trigyn Technologies Ltd--CMP Rs 115 [4 ] Fundamental Calls 11 Dec, 2016
Infinite Computer Solutions CMP Rs 239 [3 ] Fundamental Calls 07 Dec, 2016
Surana Solar Ltd--CMP Rs 24.70 [3 ] Fundamental Calls 01 Dec, 2016
US Elections [1 ] General Discussion 07 Nov, 2016
Shreyans Industries Ltd--CMP Rs 88 [22 ] Fundamental Calls 07 Nov, 2016
NOCIL Ltd--CMP Rs 76 [2 ] Fundamental Calls 29 Oct, 2016
Infosys Results [5 ] General Discussion 13 Oct, 2016
Infinite Computer Solutions-CMP Rs 247 [5 ] Fundamental Calls 11 Oct, 2016
Filatex India Ltd--CMP Rs 75.15 [11 ] General Discussion 07 Oct, 2016
Aban Offshore - CMP Rs 206 [2 ] General Discussion 25 Sep, 2016
Arcotech Ltd [3 ] Fundamental Calls 22 Sep, 2016
Gold Futures in $ [5 ] General Discussion 13 Sep, 2016
Star Paper Mills--A Star performer--CMP Rs63 [35 ] Fundamental Calls 10 Aug, 2016
Super House Ltd--super stock-CMP Rs 163 [6 ] Fundamental Calls 08 Aug, 2016
Infosys [5 ] General Discussion 02 Aug, 2016
Sumeet Industries [16 ] General Discussion 31 Jul, 2016
Polyspin Exports [9 ] General Discussion 31 Jul, 2016
Infosys Results [2 ] General Discussion 13 Jul, 2016
Neyveli Lignite Corporation [11 ] Fundamental Calls 27 Jun, 2016
Charges other than Brokerage [2 ] General Discussion 16 Jun, 2016
Gold Futures in $ [1 ] General Discussion 11 Jun, 2016
Q4 Results [3 ] General Discussion 04 Jun, 2016
Filatex India Ltd [11 ] Fundamental Calls 28 Apr, 2016
Infosys Results [9 ] General Discussion 15 Apr, 2016
Infosys [2 ] General Discussion 11 Apr, 2016
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