Friday, September 18, 2009
सेन्सेक्स (16741.30) 30.19 अंक चढ्कर, नीफ़्टी (4976.05) 10.50 अंक चढ्कर, बंद..
Our morning call Buy JP Asso target achieved at 254.90.
European markets update: FTSE Index up 0.2%, CAC Index down 0.5% and DAX Index down 0.3%
Double Exponential Moving Average (DEMA)
Hurdle at 5021-5045
Now suppose not crosses 5017
& trades below 4984 will take to
3DEMA -4949
& there after 4904
7DEMA -4888
Pre Market Commentary...
We’ve bounced back from the bear market lows to reclaim a milestone. But, we are still a long way away from the all-time highs. The question now is how would the journey ahead be? There are no easy answers, though on the whole, the mood seems to be upbeat. The real test for all will be when the steroid (stimulus) is gradually withdrawn. For now, everything looks bright and beautiful so may as well enjoy it.
All the bad news seems to have been discounted and the concerns are being overlooked temporarily. The fact is we went down hard and have rebounded. The worry is whether the ascent can continue at the same pace without major reversals. Stocks could gain further ground if the pace of liquidity gush persists. Among the potential headwinds are: inflation, interest rates, uncertainty over the external environment and lofty valuations.
GOOD LUCK! Sit on CASH!, always remember,
"Don't focus on making money;
focus on protecting what you have."
Happy Trading!!
Pre Market Ideas !!
Buy GTL Infra
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Pre Market Intraday Call !!
Buy Rolta
Buy JP Asso
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Raymond
Shares of Raymond were locked at 10% upper circuit to end at Rs204.85 after the company announced that the board of directors approved the proposal for commencement of Realty Development as new business.
POSITIVE & NEGATIVE BREAKOUTS
DIVIS LAB
TTML
TCS
BALRAMPUR CHINI
NALCO
NEGATIVE BREAKOUTS
CONCOR
DISH TV
IDEA CELLULAR
CIPLS
TATA TEA
NIFTY (4965) SUP 4865 RES 5065
Thursday, September 17, 2009
सेन्सेक्स (16711.11) 31.32 अंक चढ्कर, नीफ़्टी (4965.55) 7.15 अंक चढ्कर, बंद..
European markets update: FTSE Index up 0.7%, CAC and DAX Index up 0.6% each
India Inflation for week ended Sept 5 was at 0.12%
APIL to provide equipment for Bangalore metro system
IPOs Ideas ...
Pipavav IPO 1st day Subscribed 2.67 (Average)
***
Oil
Listing Date : 30th Sept. 2009
***
Two New IPOs :
(1) Thinksoft Global Services
(2) Euro Multi Vision Ltd.
Opens on 22nd Sept.
& Closes 24th Sep.
Pre Market Ideas !!
Buy SBI
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Pre Market Intraday Call !!
Buy Rel Cap
Buy Rel Infra
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Pre Market Commentary ...
Today, we expect another higher opening. The fact that the market has rallied so much does leave scope for a slight reversal anytime now.The bulls are in high spirits flexing their muscles as equities continue to remain on a roll globally. Hopes of a sustained economic rebound remain notwithstanding the fact that stocks are looking pricey. Inflation is not a near-term concern in the US and other advanced countries. Even in China, inflation remains a distant worry.
However, in India it already is giving some sleepless nights to the RBI and the Government. The coming few months will be a big litmus test for the RBI and the Centre. Hopefully, they will come out with flying colours.Apart from inflation, other worries seem to be ebbing. Recent reports on GDP, industrial output, tax collections and even exports suggest there could be some positive surprises on the economic front.
Liquidity is not an issue for now, as FIIs continue to be upbeat. So, the short story is that the momentum is with the bulls for now.
POSITIVE & NEGATIVE BREAKOUTS
IVRCL INFRA
HERO HONDA
ESSAR SHIPPING
INFOSYS
GREAT OFFSHORE
NEGATIVE BREAKOUT
HUL
DISH TV INDIA
TECH MAHINDRA
ONGC
CIPLA
FIIs were net buyers of Rs11.05bn in the cash segment on Wednesday
NIFTY (4958) SUP 4860 RES 5070
Wednesday, September 16, 2009
सेन्सेक्स (16679.79) 225.34 अंक चढ्कर, नीफ़्टी (4958.40) 66.30 अंक चढ्कर, बंद..
European markets update: FTSE Index up 0.8%, CAC Index and DAX Index up 0.7% each
Pre Market Ideas !!
Buy GE Ship
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Pre Market Intraday Call !!
RIL...RIL...only vimal!!..vimal
Buy RIL
Buy PATNI
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GAIL
Shares of GAIL ended higher by 2% to Rs361 after the company announced that it has signed a MoU along with Kerala State Industrial Development Corporation Limited for Natural Gas Infrastructure and City Gas Distribution in Thiruvananthpuram.
The stock opened at Rs354 and made an intra-day high of Rs363 and a low of Rs352. Total traded volumes stood at 0.75mn shares.
Jindal Steel & Power
Jindal Steel & Power surged by over 7% to end at Rs619. The stock opened at Rs585 and made an intra-day high of Rs630 and a low of Rs580. Total traded volumes stood at 3.06mn shares.
Pre Market Commentary ..
Fed chairman Ben Bernanke says the recession in the US is "very likely" over. Dollar remains weak amid a persistent bias towards risky assets. Commodities too are flaring up. To top it all, Warren Buffett says he is buying equities. Banks led from the front as far as advance tax numbers and stock gains are concerned. There is also talk of the RBI raising the cap on securities held under the HTM category to help banks avoid MTM losses. RBI chief D. Subbarao says he will maintain the expansionary monetary policy till the recovery is "secured".
The biggest challenge for the RBI now is to plan an exit strategy. Similar concerns may be giving sleepless nights to central bankers around the globe. Hopefully, the G20 Summit will throw some light on this crucial matter.
POSITIVE & NEGATIVE BRAKOUTS
TCS
SIEMENS
EIH
RELIANCE INFRA
DR.REDDY LAB
NEGATIVE BREAOUTS
IDEA CELLULAR
TECH MAH
DABUR INDIA
INDIA CEMENT
ULTRATECH CEMENT
NIFTY (4892) SUP 4792 RES 4992
Tuesday, September 15, 2009
सेन्सेक्स (16454.45) 240.26 अंक चढ्कर, नीफ़्टी (4892.10) 83.50 अंक चढ्कर, बंद..
Our mornign call Buy Sesa Goa target achieved at 259.90.
Our morning call Buy Sesa Goa is going strong at 257.50.
European markets update: FTSE Index flat, CAC Index up 0.4% and DAX Index up 0.2%
Gail signs city gas distribution agreement with Kerala government
IPO: Oil India to list on Sep 30 fixes price at Rs 1050 per share
OIL, the second largest oil and gas company in India, had come out with an IPO of 264.5 lakh equity shares of face value Rs 10 each and raised Rs 2,777 crore. The issue has received remarkable response from investors, especially QIB (qualified institutional investors). It has been subscribed 30.82 times and QIBs' reserved portion got subscribed 54 times followed by non-institutional and retail investors; their portion subscribed 10.5 times and 1.8 times, respectively. The issue received more than 2.10 lakh applications.
Delivery Call : Buy EASTSILK at 17-18 SL 12 Tgt 20,24,27.Hold for 30 days.
BUY and forget...
Pre Market Intraday Call !!
Buy CAN BANK
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Pre Market Commentary
Today,we expect a cautious opening due to lack of clear trend in the global markets. The market may not make decisive move upwards over the next few days. The bulls have not been tested really, which leaves them vulnerable to some pull-back. A big crash is not an immediate fear; so don’t panic. Stock specific activity will continue to hog the limelight.
Complacency can be fatal especially for the bulls who seem to be in some kind of safety zone for a while. One year since the implosion of Lehman Brothers, things appear to be getting better. But, any casualness or haste could renew fears of a double-dip recession. Great Depression was prolonged due to premature monetary tightening. Hopefully, governments and central banks would have learnt well from history.
The G20 Summit later this month aims to take stock of the situation. There is a clamour for stringent financial regulations to avoid a repeat of the meltdown. Whether that materialises or not remains to be seen. Some are also calling for ending the bonus binge for top bankers to curb their gambling impulses.
POSITIVE & NEGATIVE BREAKOUTS
LUPIN
JSPL
MADRAS CEMENT
DR.REDDY LABS
UNION BANK
NEGATIVE BREAKOUTS
GSPL
RENUKA
DABUR
SUZLON
TTML
FIIs were net sellers of Rs444mn in the cash segment on Monday
FIIs were net sellers of Rs444mn in the cash segment on Monday on a provisional basis while the local funds pulled out Rs61.1mn, according to figures published on the NSE's web site. In the F&O segment, the foreign funds were net sellers at Rs4.05bn. On Friday, FIIs were net buyers of Rs3.3bn in the cash segment. With this, their net investments in Indian stocks this year have crossed $8.8bn. Mutual Funds were net sellers of Rs4.3bn on Friday.
NIFTY (4808) SUP 4708 RES 4908
Monday, September 14, 2009
सेन्सेक्स (16214.19) -50.11 अंक गिरकर, नीफ़्टी (4808.60) -20.95 अंक गिरकर, बंद..
RILs merger with RPL sanctioned by court
Delivery Call : Buy HEG 262-264 Tgt 274,277,284.Hold for 25 days.
Sri Lanka offers oil blocks to RIL, CAIRN for exploration
European markets update: FTSE Index down 0.9%, CAC Index down 1.2% and DAX Index down 1%
NMDC April- August iron ore sales fall to 9.27mn tons
India to divest 42% stake in Tide Water Oil
Asian markets update: Nikkei Index down 2.15% and Hang Seng Index down 1%
Pre Market Intraday Call !!
Buy HDIL
Buy Sesa Goa
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Pre Market Ideas !!
Buy Tata Power
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Join profit making community...Today!"
POSITIVE & NEGATIVE BREAKOUTS
LNT
BAJAJ AUTO
TCS
TATA CHEM
PNB
NEGATIVE BREAKOUTS
ROLTA
ABAN
BAJAJ HIND
HUL
INDIA BULL REAL ESTATE
FIIs were net buyers of Rs2.28bn in the cash segment on Friday
FIIs were net buyers of Rs2.28bn in the cash segment on Friday on a provisional basis while the local funds pulled out Rs2.94bn, according to figures published on the NSE's web site. In the F&O segment, the foreign funds were net buyers at Rs864.3mn. On Thursday, FIIs were net buyers of Rs5.75bn in the cash segment. With this, their net investments in Indian stocks this year have crossed $8.7bn. Mutual Funds were net sellers of Rs3.43bn on Thursday.
NIFTY (4829) SUP 4729 RES 4929
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