Friday, October 10, 2008

सेन्सेक्स (10527.85) -800.51 अंक गिरकर, निफ्टी (3279.95) -233.70 अंक गिरकर, बंद....

"Visit Daily www.NorthPole77.com ,
Join profit making community...Today!"

SBIN: Our short term call turn plus up by 2.50%, at Rs1355, hold for targets

"Visit Daily www.NorthPole77.com ,
Join profit making community...Today!"


European markets update: FTSE Index down 5%, CAC Index down 5.7% and DAX Index down 7.7%

"Visit Daily www.NorthPole77.com ,
Join profit making community...Today!"

For 10% lower freeze, Nifty has to be down by 390 points and Sensex has to be down by 1275 points

10% circuit levels for Sensex is 10196
10% circuit levels for Nifty is 3162

ICICI Bank has adequate liquidity in international operations: Chanda Kochhar

"Visit Daily www.NorthPole77.com ,
Join profit making community...Today!"

India's inflation rate was 11.80% in week ended September 27

"Visit Daily www.NorthPole77.com ,
Join profit making community...Today!"

DLF denies report Standard Chartered failed to disburse funds

"Visit Daily www.NorthPole77.com ,
Join profit making community...Today!"

Infosys revises guidance downwards; Q2FY09 net profit (QoQ) up 9.6% at Rs 1432 Cr; revenues up 11.6% at Rs 5418 Cr; FY09 EPS seen at $ 2.24/ADR, revis




Infosys have come up with Q2FY09 numbers, which are above expectations. Infosys Q2FY09 net profit stood at Rs 1432 crore Vs Rs 1302 crore (QoQ), up 10%.

FM to make statement at 11:00 am - Reports

"Visit Daily www.NorthPole77.com ,
Join profit making community...Today!"

Delivery Call : Buy SBIN around and below 1300, SL 1269.90 hold for short term target Rs1347.90 and 1374.90 plus

"Visit Daily www.NorthPole77.com ,
Join profit making community...Today!"

Expert View ...

India says CRR cut effective from October 11 10:12:09 AM
India cuts CRR to 7.5% from 9%

Delivery Call : Buy LT around and below 900 for long term target of 1100 and plus. Hold for 6 Months.

"Visit Daily www.NorthPole77.com ,
Join profit making community...Today!"

Sensex : 10580.85 -747.51 Nifty : 3309.00 -204.65

Markets recover from brink of lower circuit in opening trades.

Markets recover from brink in opening trades

Sensex : 10241.37 -1,086.99
Nifty : 3206.75 -306.90
Fri, 10 October 08,09:57 IST

Expert View ...


In India Expect some fast actions like Repo/reverse Repo/Interest rate cut, More CRR cut and Fuel Rate cut immediately.

Insider trades ...


Gitanjali Gems: Mehul C. Choksi, Promoter and CMD has purchased 207,921 equity shares of the company on October 8, 2008.

Apollo Tyres: HDFC Standard Life Insurance Co has purchased over 2.7mn equity shares of the company on October 3,2008.

Hindustan Oil Exploration: Rakesh Jhunjhunwala and persons acting in concert has purchased 377,500 equity shares of the company on October 6, 2008.

POSITIVE & NAGATIVE BREAKOUT

Positive Breakouts (BSE-200)
Hero Honda
NTPC
PNB
Maruti Suzuki
National Alumin

Negative Breakouts (BSE-200)
BPCL
Bank of India
Dabur India
Sterling Biotech
Lupin

"Visit Daily www.NorthPole77.com ,
Join profit making community...Today!"

FIIs were net sellers of Rs10.55bn (provisional) in the cash segment

FIIs were net sellers of Rs10.55bn (provisional) in the cash segment on Wednesday while the local institutions pumped in Rs10.83bn. In the F&O segment, the foreign funds were net sellers at Rs2.05bn. On Tuesday, the FIIs were net sellers of Rs5.48bn in the cash segment. Mutual Funds pulled out Rs3.07bn on the same day.

Don’t hurry, be happy!

Considering the unprecedented carnage in the global financial markets and uncertainty over the fate of the US and other major economies, we would like to refrain from giving any intra-day trading ideas. We continue to advise caution at this stage.

Investors should stay on the sidelines till the global selloff abates and markets stabilise. One should not get carried away if there is any kind of a relief rally, as further selling is expected. Any advance in Indian stocks can only be sustained if global markets recover.

Pri Market Commentary ...

Today, given the relentless sell-off across global markets, particularly in the US and Asia, we expect another gap-down opening. Things could get worse, especially if there is no improvement in markets in Asia and Europe. There are fears that our market may come closer to the lower circuit levels.

Today is also an important day from the quarterly earnings' point of view, as IT major Infosys has announced its results for the July-September quarter. The company has reported a net profit of Rs14.32bn, up 10% over the previous quarter. Revenue for the July-September quarter stood at Rs54.18bn, up 11.6% over the first quarter. Meanwhile, the rupee has hit an all-time low of 49.30 per dollar.We continue to advise caution at this stage.

Event calendar

10-Oct Prism Cement Interim Dividend
13-Oct AIA Engineering Stock Split

14-Oct Amara Raja Batteries Bonus 1:2
15-Oct Greaves Cotton AGM
16-Oct GATI AGM, Dividend
16-Oct Infosys Technologies Interim Dividend
16-Oct The South Indian Bank Bonus 1:4
17-Oct Gujarat NRE Coke Bonus 2:5
17-Oct Sonata Software Interim Dividend
21-Oct Areva T&D India Stock Split

Wednesday, October 8, 2008

सेन्सेक्स (11328.36) -366.88 अंक गिरकर, निफ्टी (3513.65) -92.95 अंक गिरकर, बंद....

"Visit Daily www.NorthPole77.com ,
Join profit making community...Today!"

Our call on BHEL at 1390.90, hold for targets

"Visit Daily www.NorthPole77.com ,
Join profit making community...Today!"

Sell BHEL OCT Futs at Rs1420-1435


Book profit in Short SBI around 1340, sell given at 1404.90 yesterday - down today by 3.47%

"Visit Daily www.NorthPole77.com ,
Join profit making community...Today!"

Trail SL in short call of United Phos, recommended on 6th Oct between levels of Rs252-256

"Visit Daily www.NorthPole77.com ,
Join profit making community...Today!"

Indian financial markets are closed tomorrow on account of Vijaydashami, also known as Dussehra


Hold BTST Reliance for six month for delivery for target of Rs2000-2400 plus

"Visit Daily www.NorthPole77.com ,
Join profit making community...Today!"

POSITIVE & NAGATIVE BREAKOUT

Positive Breakouts (BSE-200)

Tata Comm
Exide Indus
Lupin
Hero Honda
Union Bank India

Negative Breakouts (BSE-200)
ONGC
ACC
Ashok Leyland
Axis Bank
Zee Entertainmen
"Visit Daily www.NorthPole77.com ,
Join profit making community...Today!"

Pri Market Commentary ...

Today, we expect another weak opening in the face of the sharp cuts across global markets. Lower level buying may set it in. Given Infosys’ results on Friday and other global developments which one has to contend with, it is prudent to avoid carrying any positions.

The war between the bulls and the bears seems to be one-sided for long. Nine nights of Navratri is set to culminate but there are no signs of survival, forget victory for the bulls. Indian financial markets are closed tomorrow on account of Vijaydashami, also known as Dussehra. It is considered an auspicious day to begin new ventures in life. Given the suffering most market players have undergone, one can only pray that things get better on a personal level. Conquer your fear and avoid the temptation of overcoming your losses in a hurry.

Pri Market Intraday Ideas ...

Considering the unprecedented carnage in the global financial markets and uncertainty over the fate of the US and other major economies, we would like to refrain from giving any intra-day trading ideas. We continue to advise caution at this stage.

Investors should stay on the sidelines till the global selloff abates and markets stabilise. One should not get carried away if there is any kind of a relief rally, as further selling is expected. Any advance in Indian stocks can only be sustained if global markets recover.

Tuesday, October 7, 2008

सेन्सेक्स (11695.24) -106.46 अंक गिरकर, निफ्टी (3606.60) 4.25 अंक चढ्कर, बंद....

"Visit Daily www.NorthPole77.com ,
Join profit making community...Today!"

Our BTST Call RELIANCE is going strong at Rs 1687 , Hold for target

"Visit Daily www.NorthPole77.com ,
Join profit making community...Today!"

European markets have pared their early gains and slipped from day?s high

"Visit Daily www.NorthPole77.com ,
Join profit making community...Today!"

Sell SBI FUT at Rs 1405.90 with SL of Rs ??? for Tgt ??? (as per cash level )GET ENTRY AND EXTI GET PAID !!!

"Visit Daily www.NorthPole77.com ,
Join profit making community...Today!"

HRT : BUY NIFTY FUT at Rs 3680 with SL for TGT ??? GET ENTRY AND EXIT GET PAID !!!

"Visit Daily www.NorthPole77.com ,
Join profit making community...Today!"

BUY STER FUT at Rs 333 with SL ??? for TGT ??? GET ENTRY AND EXIT GET PAID !!!

"Visit Daily www.NorthPole77.com ,
Join profit making community...Today!"

POSITIVE & NAGATIVE BREAKOUT

Positive Breakouts (BSE-200)
BPCL
HPCL
Hero Honda
Indian Oil
Union Bank India

Negative Breakouts (BSE-200)
M&M
Maruti Suzuki
HDFC Bank
Cipla
Axis Bank

"Visit Daily www.NorthPole77.com ,
Join profit making community...Today!"

Monday, October 6, 2008

सेन्सेक्स (11801.70) -724.62 अंक गिरकर, निफ्टी (3602.35) -215.95 अंक गिरकर, बंद....

"Visit Daily www.NorthPole77.com ,
Join profit making community...Today!"

HRT : SELL SBI Oct Futs at Rs1437 with SL of Rs ??? for target of ??? 2-3 days (levels as per cash) GET ENTRY AND EXIT GET PAID !!!

"Visit Daily www.NorthPole77.com ,
Join profit making community...Today!"

European markets are trading lower with FTSE Index dn 4%, CAC Index 4.5% and DAX Index dn 4.3%

"Visit Daily www.NorthPole77.com ,
Join profit making community...Today!"

Intraday call of Nifty at 3698, first target complited, hold for next target....

"Visit Daily www.NorthPole77.com ,
Join profit making community...Today!"



... our SMS to paid client was ...

"Buy Nifty Oct Fut at 3680-3685,
SL 3644.90 hold for intraday 3697 and 3715 plus "


Our SL, hits in iNTRADAY IciciBank, given to paid clients...

HRT : SELL Uni Phos Oct Futs between Rs252-256 with strict SL of Rs ??? for TGT of Rs ??? in 3-4 days (levels as per cash)

"Visit Daily www.NorthPole77.com ,
Join profit making community...Today!"

Sensex : 12075.53 -450.90 ~ Nifty : 3676.35 -142.90


Sensex is currently trading at day"s low of 12074.90



Immediate Support
for Nifty is around 3630-3650.


20 Microns opens at Rs 80 Vs issue price of Rs 55/share.

"Visit Daily www.NorthPole77.com ,
Join profit making community...Today!"

POSITIVE & NAGATIVE BREAKOUT

Positive Breakouts (BSE-200)
Hero Honda
HPCL
Bank of India
ACC
Dabur India

Negative Breakouts (BSE-200)
Ambuja Cements
MTNL
GAIL India
Satyam Computer
M&M

"Visit Daily www.NorthPole77.com ,
Join profit making community...Today!"

Asian stocks fell for a third day,

Asian stocks fell for a third day, led by financial companies, as the global credit crisis deepened in Europe and the US lost the most jobs in five years. The MSCI Asia Pacific Index fell 1.9% to 102.68 as of 9:50 a.m. in Tokyo. Last week, the regional stock benchmark posted the biggest weekly drop since August 2007 on concern that the US bank bailout will fail to stimulate demand for the region's exports.

Japan's Nikkei 225 Stock Average fell 2.8% to 10,636.18 while the Hang Seng in Hong Kong was down 2.5% at 17,236. The Kospi in Seoul was down 4.3% at 1359 while the Straits Times in Singapore dropped 2.7% to 2234. The Shanghai Composite in China - resuming trade after a week-long holiday - fell 3.1% to 2222. The Taiex in Taiwan shed 3.4% at 5549 and the S&P/ASX 200 index in Sydney was down 3.4% at 4536.

New Listing Today : 20 Microns

Shares of 20 Microns will be listed on the bourses today.


Pri Market Commentary ..

Today, we expect the market to open on a weak note yet again given the sharp losses in Asian markets, which are down 3-4%. For the day, the key indices movement will hinge on the outcome of today's SEBI meeting. It is not clear whether the announcement from the market watchdog will be during or after market hours. We would continue to advise caution at this juncture, though valuations are quite compelling. Look at some shopping at lower levels. Remember, that beyond the mountains, there are mountains again. So, keep some cash handy, as there is no guarantee that we have hit a bottom.

Today, the clearance of the Indo-US nuclear deal is a positive for Indian market and the Senate acceptance of the bailout package also translates into some hope. However, the bailout still needs clearance from the US House of Representatives, which had rejected it earlier on Monday. So worries and uncertain times continue to linger over the global financial markets.

The Dow Jones fell sharply overnight as weak economic reports contributed nervousness ahead of the House vote on the US$700bn bank rescue plan later on Friday. A positive outcome will help in restoring confidence in the financial markets. Until that happens, one must remain careful and keep a close watch on developments underway in the US.

JOIN US!!

JOIN US!!
Send SMS for "STUDY" on 09825677777

web search ...