Saturday, December 27, 2008
Friday, December 26, 2008
सेन्सेक्स (9328.92) -239.80 अंक गिरकर, नीफ़्टी (2857.25) -59.60 अंक गिरकर, बंद....
Our short LITL call is going strong trail SL to cost now
Inflation for the week ended Dec13th stood at 6.61%
Short LITL at Rs142-141 with a SL at Rs148 for a target of Rs130, 128
DLF: Hold for targets going strong at 302.30
Buy and Hold : DLF for short term delivery
Nifty (2916) Resistance: 2963 Support: 2865
Pri Market Commentary ..
For the day, we see a sleepy start. There is no clear direction, but a steeper than expected fall in inflation could perk up the sentiment, as it did last Friday. Select heavyweights may be propped up to make the markets look good. Still, one cannot afford to go overboard, as things like additional dose of fiscal and monetary stimulus have already been discounted. Traded volume will remain low across the globe, with many participants choosing to extend the Christmas vacation. Asian markets are pretty mixed this morning, with the Nikkei in Tokyo up over 1%. Others are marginally up or down. Hong Kong markets are shut for Christmas.
Event calendar
29-Dec-08 Engineers India Interim Dividend
30-Dec-08 India Nippon Electricals Interim Dividend
01-Jan-09 Texmaco Stock Split
02-Jan-09 Avaya GlobalConnect AGM/Dividend
15-Jan-09 Mastek Interim Dividend
16-Jan-09 Balrampur Chini Mills AGM/Dividend
19-Jan-09 Gujarat State Financial AGM
21-Jan-09 Walchandnagar Industries AGM/Dividend
22-Jan-09 Simbhaoli Sugars AGM
FIIs were net sellers of Rs1.44bn
Thursday, December 25, 2008
Dasvidaniya - 2008
Life is like riding a bicyle.
You don't fall off unless you PLAN to
stop PADDILING!
Marry Xmas
NorthPOLE TEAM
Wednesday, December 24, 2008
सेन्सेक्स (9598.85) -87.90 अंक गिरकर, नीफ़्टी (2916.85) -51.80 अंक गिरकर, बंद....
European markets open flat with FTSE Index down 0.2% and CAC Index up 0.5%
High risk traders buy & hold Axis Bank at Rs489 with SL of Rs477.5 for target of Rs505, 510
Wipro
Wipro announced that it would provide details of its deal with Origin Energy of Australia at a press conference in Bangalore later today.
The stock ended at Rs242 lower by 1.5%. The scrip touched an intra-day high of Rs247 and a low of Rs240 and recorded volumes of over 1,00,000 shares on BSE.
Join profit making community...Today!"
Our delivery call SUZLON now on profit booking mode, we are long in this counter from Rs39.90,. Get Such Calls Get Paid ..
Shares of Suzlon Energy dropped by over 6% to Rs56 after the company declined reports stating that Suzlon may sell as much as 15% of itself to U.S.-based Carlyle Group and TPG Capital for US$300mn.
The stake sale may be part of Suzlon's plans to raise as much as US$500mn, Reuters reported, citing unnamed bankers. The company may also raise US$200mn through debt, the report said.
The scrip touched an intra-day high of Rs63 and a low of Rs55 and recorded volumes of over 1,00,00,000 shares on BSE.
RCom
RCom advanced by 1.5% to Rs216 after reports stated that the company has set aside US$1bn for its 3G telecom services rollout. The scrip touched an intra-day high of Rs218 and a low of Rs209 and recorded volumes of over 31,00,000 shares on BSE.
"Visit Daily www.NorthPole77.com ,
Join profit making community...Today!"
Pri Market Commentary ..
Today,the mood seems to have gone sour yet again in the last couple of sessions. The bulls appear to be lacking the ammunition and confidence to push the Sensex higher after over 10% gain this month. The past two sessions have been rather disappointing for the bulls, who were hoping to extend the recent advance. The trend could turn positive again if global indices rebound, and FIIs resume their shopping spree. By the way, the Hang Seng in Hong Kong has already turned positive after slipping in early trades.
The F&O expiry today will make things much more volatile. We expect a cautious to slightly lower opening and a choppy day.
Positive & Nagative Breakouts
Reliance Power
Gvk Power
Bank of India
Essar Oil
MTNL
Negative Breakouts
Crompton Greaves
Chambal Ferti
RIL
Jsw Steel
L&T
"Visit Daily www.NorthPole77.com ,
Join profit making community...Today!"
Event calendar
24-Dec-08 Amtek India AGM/Dividend
24-Dec-08 Shri Lakshmi Cotsyn AGM/Dividend
26-Dec-08 Sonata Software Interim Dividend
29-Dec-08 Engineers India Interim Dividend
30-Dec-08 India Nippon Electricals Interim Dividend
01-Jan-09 Texmaco Stock Split
02-Jan-09 Avaya GlobalConnect AGM/Dividend
15-Jan-09 Mastek Interim Dividend
16-Jan-09 Balrampur Chini Mills AGM/Dividend
FIIs were net sellers of Rs2.64bn
Pre Market Ideas !!
Pre Market Intraday Ideas !!
Nifty (2969) Sup 2925 Res 3020
Tuesday, December 23, 2008
सेन्सेक्स (9686.75)-241.60 अंक गिरकर, नीफ़्टी ( 2968.65) -70.65 अंक गिरकर, बंद....
High risk traders Buy NTPC Jan Futs at Rs180 with SL of Rs172 for target of Rs195
European markets update: FTSE Index up 1%, DAX Index up 0.2% and CAC Index up 0.7%
High risk traders short BHEL Dec Futs at Rs1367 with SL of Rs1385 for target of Rs1320
Intraday : Sell Nifty Dec Fut at Rs 2977 SL 3025 target Of Rs 2944,2924,2901.
Buy & hold SESA GOA at Rs86 with SL of Rs81.50 for target of Rs91, 93
Our delivery call touched Rs73, GET SUCH CALLS, Join Us...
Shares of Fortis healthcare gained by 4.5% to Rs73 after the company announced that it was planning to raise Rs18-20bn via rights or warrants issue, stated reports. The scrip touched an intra-day high of Rs74 and a low of Rs70 and recorded volumes of over 4,00,000 shares on NSE.
Pri Market Commentary ..
Markets in other parts of the world may see a steep fall in trading as many players could extend their year-end vacation. As a result, there is a fair chance that volatility may increase on lower volumes.
The overall outlook remains uncertain, as nobody wants to take undue risks at this stage with only a few sessions to go in the year. Most players will take a call on the market only next year. Though the recent spurt across global equity markets has provided a much-needed boost to the bulls, one cannot rule out another steep fall. It's anybody's guess if the key indices will test October lows again or gradually advance. Much will hinge on the trend in fund flows and how fast the global economy rebounds.
As far as India is concerned, we will need proof that the string of government measures are working. There are reports of a fresh round of stimulus package being unveiled soon, including further easing in monetary policy by the RBI. But, these tend to provide only a brief relief to the market. One will also have to watch out for quarterly earnings and of course the political drama that will unfold over the next few months.
Pre Market Ideas !!
Wockhardt
Shares of Wockhardt gained by 3.5% to Rs111 after reports stated that the company would raise Rs5bn via preferential allotment. The scrip touched an intra-day high of Rs115 and a low of Rs107 and recorded volumes of over 1,00,000 shares on NSE.
Tata Steel
Tata Steel slipped by a 1.6% to Rs225. Reports stated THAT Liberia has cleared the company of all allegations and has invited it to join the bidding process for the Western Cluster iron ore project in that country. The scrip touched an intra-day high of Rs236 and a low of Rs223 and recorded volumes of over 26,00,000 shares on BSE.
Pre Market Intraday Ideas !!
Sell ACC
Positive & Nagative Breakouts
Indian Oil
Ranbaxy Labs
ITC
ONGC
Infosys Tech
Negative Breakouts
Aban Offshore
HDFC
Rcom
Jindal Saw
Idea Cellular
Nifty (3039) Sup 2950 Res 3085
FIIs were net sellers of Rs3.92bn
Event celendar
23-Dec ONGC Interim Dividend
23-Dec Rana Sugars AGM
23-Dec SMS Pharmaceuticals AGM/Dividend
24-Dec Amtek Auto AGM/Dividend
24-Dec Shri Lakshmi Cotsyn AGM/Dividend
24-Dec Amtek India AGM/Dividend
26-Dec Sonata Software Interim Dividend
29-Dec Engineers India Interim Dividend
30-Dec India Nippon Electricals Interim Dividend
सेन्सेक्स (9928.35) -171.56 अंक गिरकर, नीफ़्टी (3039.30) -38.20अंक गिरकर, बंद....
Monday, December 22, 2008
European markets update: FTSE Index down 0.6%, DAX Index down 0.2% and CAC Index down 1%
Our Reliance capital is going strong at 594 hold for revised target 624,647,677 and 700 plus.
Trail SL in Adlabs to cost now and trade safe
Our Reliance Capital is going strong at Rs 583
Trail SL to cost in our short call of HDFC Dec Futs and trade safe
Hold/Buy Punj Loyd Dec Futs at Rs170 with SL of Rs162 for target of Rs185 and plus
Rel Capital : Our delivery call tarding strong at 574, hold for target, Get Such Calls Join Us..
TRADING STRONG
Our both targets completed in HDIL.
FIIs were net buyers of Rs3.78bn
FIIs were net buyers of Rs3.78bn (provisional) in the cash segment on Thursday while the local institutions poured in Rs4.1bn. In the F&O segment, the foreign funds were net buyers at Rs3.47bn. On Thursday, FIIs were net sellers at Rs542mn in the cash segment. Mutual Funds too pulled out Rs1.81bn on the same day.
Pri Market Commentary ..
The bulls too have been more or less back in business over the past couple of weeks. They will hope to be at peace during the Christmas week. But Asian markets are pretty mixed this morning. US stock benchmarks too ended mixed on Friday while European markets declined marginally. The start today may be flat at best. Wild swings will be the order of this week due to derivative settlement and lower volume.
US market may also turn more volatile as many market participants may choose to extend their Christmas holidays. US markets will close early on Wednesday and will remain closed on Thursday. Financial markets across the globe may witness less trading activity this week. The Indian markets too will remain shut on Thursday.
DLF
Shares of DLF surged by over 10% to Rs308 after the company announced that it unveiled its retail plans and aims for a targets of US$1bn revenue in five years.
Join profit making community...Today!"
Suzlon Energy
Shares of Suzlon Energy ended lower by 0.5% to Rs58. The company announced that it is in talks to sell a 5% stake to Carlyle Group for about US$100mn, stated reports. The scrip touched an intra-day high of Rs62 and a low of Rs57 and recorded volumes of over 5,00,00,000 shares on BSE.
Join profit making community...Today!"
Positive & Nagative Breakouts
Dabur India
L&T
NDTV
Sesa Goa
BHEL
Negative Breakouts
Rcom
HDFC
Jindal Saw
Jsw Steel
Mphasis
Join profit making community...Today!"
Pre Market Ideas !!
Sell HDFC
"Visit Daily www.NorthPole77.com ,
Join profit making community...Today!"
Pre Market Intraday Ideas !!
Buy IOC
"Visit Daily www.NorthPole77.com ,
Join profit making community...Today!"