Friday, July 31, 2009
सेन्सेक्स (15670.31) 282.35 अंक चढ्कर, नीफ़्टी (4636.45) 65 अंक चढ्कर, बंद..
Our morning Call Sell DLF first target achieved at Rs 394.Hold for next target.
Hindalco Q1 net profit falls 30% to Rs481cr
Aban Offshore Q1 profit at Rs111cr and net sales at Rs793cr
Dish TV Quarterly net sales at Rs246cr and quarterly loss at Rs69cr
Buy RIIL ar Rs1037 with SL of Rs1022 for target of Rs1068,1075
European markets update: FTSE Index flat, CAC index down 0.3% and DAX Index down 0.2%
ROLTA : Our revised target completed, Trail SL cost to cost and hold for 167
Hold our SELL DLF, with stop loss of 404.90, hold for targer
HOLD
Our Buy Neyli Lignite trading strong at 136, hold for target
TRADING STRONG
Pre Market Ideas !!
Buy Icsa above 184.90
SL 177 Tgt 194,198,204
Buy Neyli Lignite at 129.90
SL121.90 Tgt 134.90,
139.9,167.90
Bombay High Court allows RIL to amend plea in NTPC suit (ET)
STT collection clocks positive growth in July 2009 after nine months of yoy decline (ET)
Pre Market Commentary ..
Today, the key indices could see a sprinted start. After consolidating for the first three days, the bulls are back on their feet. The undertone remains broadly positive though some softening shouldn’t surprise anyone. US stock benchmarks have made their highs for the year. The Nikkei in Japan too has hit a new peak for 2009.
Global investors responded to a slew of better than expected earnings and macroeconomic data in late July by pumping fresh money into a broad range of asset classes. EPFR Global-tracked equity funds posted inflows of $9.5bn - the highest weekly tally since mid-June, 2008. The economic picture is brightening up, both in India and abroad. Earnings have exceeded expectations across the globe. Risk appetite seems to be back in flavour. Liquidity was never an issue, though too much of it is definitely not healthy.
The feel good has its flip side too. Crude oil and other commodities are also climbing. Food prices remain elevated despite headline WPI inflation being in the red for seven successive weeks. Monsoon remains a joker in the pack and could fuel inflationary expectations if rain Gods refuse to relent.
The local bulls have to retain their energy for a longer run before leaping to new highs. Companies too have to show meaningful appreciation in the topline to warrant an upgrade. Economic data also has to be persistently good. All in all, we will continue to witness fluctuations in stock prices over the next few weeks and months. It is not going to be a one-way street where only the bulls will dominate. The bears might also get opportunities to stage a come back. A big crash in not expected and markets' direction will hinge on daily dose of news.
Results Today:
Aban Offshore, ABB, Adlabs, Anant Raj, Arvind, Aurobindo Pharma, Bombay Dyeing, Britannia, Deccan Chronicle, Dish TV, Divi's Lab, Dredging Corp., Edelweiss, Federal Bank, Gammon India, GMR Infra, GE Shipping, Gujarat Flurochemicals, Gulf Oil, Hindalco, Hotel Leela, Indiabulls Financial, Indian Hotels, MTNL, NALCO, Orchid Chem, RCOM, Reliance Capital, Suzlon, Syndicate Bank, Tata Power, TVS Motor, Unitech and Videocon.
FIIs were net buyers of Rs3.67bn in the cash segment on Thursday on a provisional basis while the local funds pulled out Rs2.87bn, according to figures published on the NSE's web site. In the F&O segment, the foreign funds were net sellers at Rs3.39bn. On Wednesday, the foreign funds were net buyers of Rs1.39bn in the cash segment. Mutual Funds were net sellers on the same day at Rs2.92bn.
सेन्सेक्स ( 15387.96) 214.50 अंक चढ्कर, नीफ़्टी (44571.45) 57.95 अंक चढ्कर, बंद..
Thursday, July 30, 2009
Our Buy Today Sell Tomorrow call (BTST): BUy Renuka Sugars at Rs168
Educomp Solutions Q1 profit at Rs362.7mn (up 116%) and net sales at Rs1.48bn (up 114%)
M&M Q1 profit at Rs401cr (up 152%) and net sales at Rs4230cr (up 29%)
European markets update: FTSE, CAC Index up 0.5% and DAX Index up 0.1%
Delivery Call : Buy Tata Comm between Rs500-503 with SL of Rs493 for target of Rs518, 523 in 1-2 days
India Inflation for the week ended July 18 was at -1.54%
IOC Q1 sales at Rs579.4bn and net profit at Rs36.83bn
Our Rolta given yesterday is going strong, traders stay long for tgt of Rs160
Tata Steel
Shares of Tata Steel slipped by 5.5% to Rs442 after the company posted a net profit of Rs7.89bn for the quarter ended June 30, 2009 as compared to Rs14.88bn for the quarter ended June 30, 2008. Thereby posting as decline of 47% YoY.
Total Income has decreased from Rs6.16bn for the quarter ended June 30, 2008 to Rs56.61bn for the quarter ended June 30, 2009.
The stock opened at Rs467 and made an intra-day high of Rs470 and a low of Rs426. Total traded volumes stood at 6.7mn shares.
Sector Watch : Oil Marketing, Power & Aviation
Markets
likely to volatile
* * *
Success in trading is a function of talents and skills
Inborn abilities (talents) and developed competencies (skills) determine one's level of success. The key to success is finding a seamless fit between one's talents/skills and the specific opportunities available in a performance field. For traders, this means finding a superior fit between your abilities and the specific markets and strategies you will be trading.
Pre Market Ideas !!
"Visit Daily www.NorthPole77.com ,
Join profit making community...Today!"
Pre Market Intraday Ideas !!
Buy
Buy Balrampur Chini
"Visit Daily www.NorthPole77.com ,
Join profit making community...Today!"
Pre Market Commentary
Anil Ambani has again upped the ante in the long-standing and controversial gas supply row with his elder brother. The Opposition is crying foul against the recent Indo-Pak joint statement signed by the PM. ABG Shipyard has hiked the offer price for Great Offshore by 11%. Microsoft has stepped up its effort to take on the might of web search titan Google by finally tying up with Yahoo. Locally and globally, the markets haven’t traveled much after the recent spurt.
Today appears to be no different with lack of convincing cues from abroad.
FIIs were net sellers of Rs1.69bn in the cash segment on Wednesday
FIIs were net sellers of Rs1.69bn in the cash segment on Wednesday on a provisional basis while the local funds pumped in Rs1.26bn, according to figures published on the NSE's web site. In the F&O segment, the foreign funds were net sellers at Rs16.58bn. On Tuesday, the foreign funds were net buyers of Rs7.38bn in the cash segment. Mutual Funds were net buyers on the same day at Rs1.33bn.
POSITIVE & NEGATIVE BREAKOUTS
RNRL
ALLAHABAD BANK
RCOMM
TATA TEA
ESSAR OIL
NEGATIVE BREAKOUTS
SUN PHARMA
GAIL
ZEE
ABB
HDFC
Results Today:
Adani Enterprises, Amtek Auto,
Ansal Infra, Bank of Maharashtra,
BEML, Bhushan Steel,
DLF, Educomp, Essar Shipping,
FDC, FT, GMR Infra, Indiabulls Securities,
Indiabulls Realty, IOC,
Ipca Labs, Jai Corp, Jain Irrigation,
JP Hydro, MMTC, M&M,
Max India, Mercator Lines,
Moser Baer, Mundra Port,
Nagarjuna Construction,
Nestle India, Oracle Financial,
Panacea Biotec, Parsvnath,
Patel Engineering, Patni,
PTC India, Raymond, Reliance Infra,
SBI, SAIL, Tanla, Tata Chemicals,
Torrent Power, TV Today,
UCO Bank, Voltas and Wockhardt.
NIFTY (4513) SUP 4463 RES 4563
Wednesday, July 29, 2009
सेन्सेक्स (15173.46) -158.48 अंक गिरकर, नीफ़्टी (4513.50) -50.60 अंक गिरकर, बंद..
Buy and Hold Rolta at Rs146 with Sl of Rs142 for target of Rs153, 155
sHANGHAI COMPOSITE RECOVERS 100 points from the day low.
Currently trading down at -4.7%
"Visit Daily www.NorthPole77.com ,Join profit making community...Today!"
European market update: FTSE index up 0.5%, CAC index up 0.7% and DAX index up 0.8%.
ITC
Shares of ITC gained by 1% to end at Rs240. According to reports, the company plans to invest Rs80bn in the next five years to scale up its hotel business. Besides investing Rs80bn for hotel expansion, the company is also investing Rs40bn-50bn in a greenfield paper plant.
Tata Motors appoints Roland Berger strategy consultant and KPMG to trim costs at JLR. (BS)
RBI keeps policy rates unchanged
The RBI pledges to keep a vigil on the trends and signals of inflation, and be prepared to respond quickly and effectively through policy
The reverse repo rate was left unchanged at 3.25% while the repo rate was kept steady at 4.75%. These are at their historically lowest levels. The Bank Rate has been retained unchanged at 6%. The cash reserve ratio (CRR) of scheduled banks has been retained unchanged at 5% of net demand and time liabilities (NDTL).
Adani Power IPO Subscribed (Dt. 28th July 2009)
QIB | 7.45 |
HNI | 2.11 |
Retail | 0.056 |
Employee | 0.00 |
Average | 3.96 |
Total Issue Size | 248794681 |
Total Bids Received | 985943010 |
L&T Finance plans to raise Rs1bn via NCDs. (BS)
Maytas Infra ties up with a Singapore based consultancy firm to raise upto Rs2.4bn to retain the metro rail project. (ET)
Pre Market Commentary ..
An emotionally charged speech by Anil Ambani partly overshadowed the RBI’s Q1 review, which by the way held no surprises. We will only say that we haven’t heard the last word on the RIL-RNRL matter. Though the Supreme Court’s verdict should be binding, one cannot rule out surprises.
Coming to the RBI, the central bank sees an upward bias to growth. At the same time, it warns of an inflation spike in the second half of FY10. It is amply clear that interest rates have bottomed out and will head higher in step with the economic recovery. One will have to keep an eye on the trend in inflation, both locally and globally.
Pre Market Ideas !!
"Visit Daily www.NorthPole77.com ,
Join profit making community...Today!"
Pre Market Intraday IDeas !!
Buy Cummins
"Visit Daily www.NorthPole77.com ,
Join profit making community...Today!"
POSITIVE & NEGATIVE BREAKOUTS
KOTAK MAH BANK
ESSAR OIL
HERO HONDA
GRASIM
ONGC
NEGATIVE BREAKOUTS
INDIA CEMENT
UNION BANK
RPL
HDFC
RELIANCE
NIFTY TREND
SELLING is suggested with SL of 4579 level
for the target @ 4507 to 4488 levels;
Regarding BULLISH TREND,
BUYING is suggested @ the level of 4579 with SL of 4573
Target @ 4597 to 4610 levels.....!!!
Results Today:
Ackruti, AV Birla Nuvo,
Alfa Laval, Alok Industries,
Balaji Telefilms, Bank of Rajasthan,
BPL, Cairn India, Cipla,
Corporation Bank, Cummins India,
EID Parry, Elder Pharma,
Future Capital, GSK Consumer,
Godrej Industries, Great Offshore,
Hero Honda, Hexaware,
HPCL, HDIL, IOB, Indraprastha Gas,
IRB Infra, IVR Prime, IVRCL Infra,
Jindal Steel, Kalpataru Power,
Lanco Infra, Lupin, Matrix Labs,
NIIT, NIIT Tech, Nirma, NMDC,
Noida Toll, Patni, Power Grid,
PNB, RNRL, Reliance Power, Sesa Goa,
Shipping Corp., Shoppers Stop,
Sobha Developers, Sterlite Industries,
Sun Pharma, Sun TV, Tata Elxsi,
Tata Steel, Torrent Pharma and United Spirits.
FIIs were net sellers of Rs587.6mn in the cash segment on Tuesday
FIIs were net sellers of Rs587.6mn in the cash segment on Tuesday on a provisional basis while the local funds pumped in Rs4.48bn, according to figures published on the NSE's web site. In the F&O segment, the foreign funds were net sellers at Rs6.7bn. On Monday, the foreign funds were net buyers of Rs4.46bn in the cash segment. Mutual Funds were net sellers on the same day at Rs1.77bn.
NIFTY (4564) SUP 4514 RES 4614
Tuesday, July 28, 2009
सेन्सेक्स (15331.94) -43.10 अंक गिरकर, नीफ़्टी (4564.10) -8.20 अंक गिरकर, बंद..
Sell Tata Steel July Futs between Rs448-445 with SL of Rs454 for target of Rs430, 425
Delivery call : Buy CESC at Rs324 with as SL of Rs316 for target of Rs340 in 1-2 days
RBI keeps interest rates unchanged
High risk traders buy DLF between Rs427-429 with SL of Rs419 for target of Rs445, 450 in 1-2 days
Pre Market Ideas !!
"Visit Daily www.NorthPole77.com ,
Join profit making community...Today!"
Pre Market Intraday Ideas !!
Buy Maruti
Buy Essar Oil
"Visit Daily www.NorthPole77.com ,
Join profit making community...Today!"
POSITIVE & NEGATIVE BREAKOUTS
SESA GOA
COLGAT
ONGC
GSPL
ICICI BANK
NEGATIVE BREAKOUTS
INDIAN OIL
UNION BANK
ZEE
AMBUJA CEMENT
PATNI COMPUTER
FIIs were net buyers of Rs4.39bn in the cash segment on Monday
FIIs were net buyers of Rs4.39bn in the cash segment on Monday on a provisional basis while the local funds pulled out Rs2.79bn, according to figures published on the NSE's web site. In the F&O segment, the foreign funds were net buyers at Rs2.49bn. On Friday, the foreign funds pumped in Rs10.5bn in the cash segment.
Results Today:
3i Infotech, ABG Shipyard, Advanta,
Alembic, Asahi India, Bajaj Hindusthan,
BPCL, Dewan Housing Finance, Dhampur Sugar,
Emami, Engineers India, Everest Kanto,
Gateway Distriparks, Gitanjali Gems, Grasim,
GMDC, GNFC, Gujarat Industries Power Co.,
Gujarat Gas,GSFC, GVK Power, Hindustan Unilever,
JSL, Jagran Prakashan, Kansai Nerolac,
Karur Vysya Bank, Kingfisher Airlines, KEC International,
Kotak Mahindra Bank, Mcleod Russel,
Mercator Lines, Monsanto India,
National Fertilizers, Neyveli Lignite,
Orbit Corp., Provogue, PSL,
REC, Religare, SRF, Sundram Fasteners,
Tata Tea, Thomas Cook,
Trent, UB Holdings and Viceroy Hotels.
NIFTY (4572) SUP 4522 RES 4622
Monday, July 27, 2009
सेन्सेक्स (15375.04) -3.92 अंक गिरकर, नीफ़्टी (4572.30) 3.75 अंक चढ्कर, बंद..
Our Buy Today Sell Tomorrow call (BTST): Buy Neyveli Lignite at Rs134
Our first target completed in Kotak Bank ar Rs 665
Chennai Petro Q1 profit at Rs305cr (down 57%) and sales at Rs5660cr (down 50%)
Cent Text Q1 profit at Rs142cr (up 118%) and net sales at Rs1120cr (up 18%)
Balrampur Chini Q3 profit at Rs63cr and net sales at Rs537cr
Jindal Saw Q2 net profit at Rs134cr (up 100%) and net sales at Rs1500cr (up 47%)
Our Second target completed in JSW steel at Rs 670.
MRF Quaterly net profit at Rs126cr (up 306%) and sales at Rs1430cr (up 13%)
Buy & hold JSW Steel between Rs647-650 with SL of Rs634 for target of Rs665, 670
Buy Kotak Bank between Rs646-648 with SL of Rs635 for target of Rs665, 670 in 1-2 days
Wockhardt is likely to go slow on its plans to divest non-core assets, including the proposed stake sale of its hospital chain. (BS)
ITC to invest Rs130bn in paper, hotels business.(BL)
Pre Market Commentary ...
Pre Market Ideas !!
Buy Tata Motor
Buy NTPC
"Visit Daily www.NorthPole77.com ,
Join profit making community...Today!"
Pre Market Intraday Ideas !!
Buy ONGC
Buy Adlabs
"Visit Daily www.NorthPole77.com ,
Join profit making community...Today!"
FIIs were net buyers of Rs6.63bn in the cash segment on Friday
FIIs were net buyers of Rs6.63bn in the cash segment on Friday on a provisional basis while the local funds pulled out Rs2.06bn, according to figures published on the NSE's web site. In the F&O segment, the foreign funds were net sellers at Rs332.2mn.
POSITIVE & NEGATIVE BREAKOUTS
MADRAS CEMENT
NTPC
GMR INFRA
CESC
CHAMBAL FERTI
NEGATIVE BREAKOUTS
INDIAN OIL
UNION BANK
AMBUJA CEMENT
GTL
DABUR INDIA
Results Today:
Areva, Ashok Leyland,
Balrampur Chini, BOB,
BOI, Blue Star,
Cadila, Castrol,
Century Textiles, Chennai Petro,
Dabur, EIH,
Escorts, Finolex Industries,
GSK Pharma, Glenmark,
Gujarat Alkalies, Hinduja Ventures,
Jindal Saw, Karnataka Bank,
LMW, MRF, Morepen Labs,
NTPC, Punj Lloyd,
RCF, SpiceJet,
Tata Motors, Tata Tele,
Titan.