Friday, January 29, 2010
RIL : no jai no viru....
TRADING STRONG
HOLD FOR 1054, 1064 ++++++
INTRADAY
"Enthusiasm is the greatest asset in the
world. It beats money and power and
influence. It is no more or less
than faith in action."
- Henry Chester
world. It beats money and power and
influence. It is no more or less
than faith in action."
- Henry Chester
RBI credit policy: CRR hiked by 75bps to 5.75%
RBI hikes CRR by 75 bps to 5.75% vs 5%
The Reserve Bank of India has hiked its cash reserve ratio
by 75 bps to 5.75% as against 5% at its credit policy meet today.
(100 basis points=1%) The move will be implemented in two stages.
Bankers say that even if the CRR is raised,
they have no leeway to raise rates because nobody is
demanding money much these days.
Cadila : Our delivery call trading strong at 706 HOLD for targer
HOLD FOR 714 & 735 PLUS
OUR PAID CLIENTS
MINTS MONEY!!
join us!!
Important Levels as per CHARTS!!
Market likely to volatile
3 Consecutive close below 4860
will take Nifty Future to 4730-4677
AQUA LOGISTICS LTD IPO Under Subscribed on the last day
AQUA LOGISTICS LTD
Will close on Feb 02,2010 instead of the earlier closing day on Jan 28,2010.
Further price band has been revised from Rs 220/- to Rs 230/- per share to
Rs 200/- to Rs 225/- per share.
Market Commentary ...
Today,we expect a weak start and the Nifty could slip below 4800. Hopefully, some semblance of buying will give support else the Nifty could drop to as low as 4650-4680. Resistance is expected between 4900 and 4950. We do not rule out the possibility of a rebound above 5000, if the RBI hikes only the CRR.
There is no time to live with the gains of yesterday. A positive close came in after six successive days of losses. The little smiles could get wiped out early this morning as most global markets are down. Asian stock markets got off to a shaky start after the overnight fall on Wall Street. However, the Shanghai Composite has recovered and is trading just in the green.
Volatility is likely to remain elevated in the near term due to the global jitters and relentless selling by the FIIs. The spate of primary market issues, especially from the Government could also cause a few temporary hiccups. Going further ahead, speculation over the Budget will take precedence and one hopes the UPA doesn’t disappoint this time.
Thursday, January 28, 2010
jOIN FOR MONTH...
BEST TIME TO JOIN US...
Get Entry and Exit Calls
by SMS... JOIN US!!
get paid
Just Pay Rs3500
for ONE month
sms ONE to 09825677777
ALL PACK IN RS3500
dont miss this time...
Limited days offer...
Buy and Hold ..
hot....Buy & HOLD KFA 555
LEVELS TO PAID CLIENTS ONLY
Hot delivery call,
High risk traders can
Buy FO. 555
www.northpole77.com
Sector Avoid: Hotel, Metal & Aviation
Market likely to volatile
3 Consecutive close below 4860
will take Nifty Future to 4730-4677
IPO updates ..
D. B. Realty Ltd. IPO Opens on 29th Jan to 2nd Feb.
Emmbi Polyarns Ltd. IPO Opens on 1st Feb to 3rd Feb.
Aqua Logistics IPO 2nd Day Subscribed 0.11 (Average)
Syncom Healthcare IPO 1st Day Subscribed 0.48 (Average)
Thangamayil Jewellery IPO 1st Day Subscribed 0.11 (Average)
Vascon Engg. IPO 1st Day Subscribed 0.23 (Average)
Aegis Ltd IPO may hit markets by May 2010. (BS)
"Visit Daily www.NorthPole77.com ,Join profit making community...Today!"
Power Grid Corp Board has given in-principle approval for a FPO. (BS)
"Visit Daily www.NorthPole77.com ,Join profit making community...Today!"
Board of Directors of HUL has approved a proposal to merge its wholly-owned subsidiary Bon with itself with effect from April 1, 2010. (ET)
"Visit Daily www.NorthPole77.com ,Join profit making community...Today!"
CESC Ltd is now leading the race to secure power distribution licence for Patna. (BL)
"Visit Daily www.NorthPole77.com ,Join profit making community...Today!"
Tata Steel awaits Jharkhand resettlement and rehabilitation policies to start a 12mtpa Greenfield project near Tontaposhi. (FE)
"Visit Daily www.NorthPole77.com ,Join profit making community...Today!"
FIIs were net sellers in the cash segment on Wednesday at Rs22.12bn on a provisional basis. The local funds were net buyers of Rs14.75bn, according to figures published on the NSE's web site. In the F&O segment, the foreign funds were net sellers at Rs7.49bn. As per the SEBI figures, FIIs were net sellers of Rs9bn in the cash segment on Monday.
Market Commentary ...
The worst of the storm has passed for the economy, says President Obama in the State of the Union address minutes ago. After having a torrid time over the last few sessions and suffering heavy losses, bulls could heave a sigh of relief today.Things appear to be stabilising a bit after the recent storm. US stocks ended higher and a rebound in Asian markets. European stocks closed in the red, dragged down by losses in banks. We expect a higher opening on firm global cues. The SGX Nifty futures are pointing to a 1% gain at start.
Volatility could escalate due to the F&O expiry as also due to the near-term uncertainties. The Nifty could cross 4900 but it remains to be seen if it sustains above that level. The Nifty will find it tough to surpass 5000 unless FIIs turn buyers again and global mood improves.The central bank is expected to hike CRR. The market could stage a meaningful recovery in the ensuing days if the RBI does not spring a nasty surprise.
Results Today:
Aban Offshore, Alstom Projects, Apollo Hospitals, Avaya Global, BOI, Bharati Shipyard, Blue Dart, BPCL, BPL, Britannia, Cairn India, Canara Bank, Central Bank, Cipla, Colgate India, Crompton Greaves, Den Networks, Dena Bank, Dredging Corp., Engineers India, Federal Bank, GMR Infra, IOB, IRB Infra, IVRCL Infra, J&K Bank, Jai Corp., Jain Irrigation, Jindal Steel, Jindal Stainless, Kesoram, Madras Cements, Marico, MRF, Mundra Port, Opto Circuits, OBC, Pidilite, Reliance Media, Tata Steel, Tata Tea, Torrent Power, Ucal Fuel and United Phosphorus.
Wednesday, January 27, 2010
सेन्सेक्स (16289.82) -490.64 अंक गिरकर, नीफ़्टी (4853.10) -154.80 अंक गिरकर, बंद..
Stock Maket down 490 pts,
markets see highest-ever turnover
The markets reported highest ever turnover of Rs 1,82,984.16 crore, including biggest ever NSE F&O turnover of Rs 1,58,503.98 crore, which might be because of margin calls. The NSE cash turnover was at Rs 18,715.98 crore and BSE cash at Rs 5,764.20 crore.
PGCIL is set to float its overseas subsidiary by early next year to tap the opportunities outside the country. (BS)
"Visit Daily www.NorthPole77.com ,Join profit making community...Today!"
Hotel Leela Venture would raise up to US$130mn through a mix of issue of equity shares via QIPs and/or FCCBs. (FE)
"Visit Daily www.NorthPole77.com ,Join profit making community...Today!"
NMDC will offer 332mn shares, constituting 8.38% of its equity, through its follow-on public offering. (BL)
"Visit Daily www.NorthPole77.com ,Join profit making community...Today!"
DLF is likely to complete the sale of DT cinemas to PVR Ltd in a fortnight. (BS)
"Visit Daily www.NorthPole77.com ,Join profit making community...Today!"
FIIs were net sellers in the cash segment on Monday at Rs10bn on a provisional basis. The local funds were net buyers of Rs7.16bn, according to figures published on the NSE's web site. In the F&O segment, the foreign funds were net buyers at Rs149mn. As per the SEBI figures, FIIs were net sellers of Rs20.5bn in the cash segment on Friday.
Results Today ...
Adani Enterprises, Adani Power, Aptech, BOB, Bombay Dyeing, Century Textiles, Dabur India, Dewan Housing, DLF, EIH, EMCO, Everonn Systems, FDC, GMDC, HM, Hindustan Oil Exploration, HPCL, Indian Hotels, Ingersoll Rand, Jyothy Labs, Kansai Nerolac, Lanco Infra, Maharashtra Seamless, Nagarjuna Construction, Natco Pharma, NALCO, Orbit Corp., Patel Engineering, PNB, SAIL, Shiv Vani Oil, Torrent Pharma, Trent, Union Bank and Whirlpool India.
Pre Market Commentary ..
Thank God for big mercies! That’s what the bulls may have thought during the Republic Day holiday. The situation, however, does not seem to have improved. Today, we expect a weak start as global cues are indecisive. The SGX Nifty is showing a sharp fall. The F&O expiry and uncertainty all around will only add to the volatility.
The events to keep an eye on for the coming days include today’s Fed announcement, the RBI policy meeting on Friday and of course the spate of earnings.
Though the Nifty has managed to stay above 5000 in the face of the sudden worsening of sentiment, the bulls have been at the receiving end following the recent selloff.
The Nifty could rebound from 4930-4950 levels and 5000 remains a critical level to watch. If the selling persists a bit more, the Nifty could fall as low as 4840. On the way up, resistance is expected to kick in at around 5120.
Tuesday, January 26, 2010
jOIN FOR MONTH...
Get Entry and Exit Calls
by SMS... JOIN US!!
get paid
Just Pay Rs3500
for ONE month
sms ONE to 09825677777
ALL PACK IN RS3500
dont miss this time...
Limited days offer...
JAI HIND!! Market will remain close today on account of republic day.
NORTHPOLE TEAM
WISH YOU ALL
JAI HIND!!
WISH YOU ALL
JAI HIND!!
Monday, January 25, 2010
Nifty important levels AS PER CHART!!
Nifty 4973/4941 is the major support.
if it brecks then 4730-4800
Upside target above 5081/5130
5230-5300
Shipping ministry is evaluating the disinvestment process in SCI and Dredging Corp of India and will take a final call on the issue early-next fiscal.
"Visit Daily www.NorthPole77.com ,Join profit making community...Today!"
GMR Hyderabad to provide MRO services for Jet Airways. (BL)
"Visit Daily www.NorthPole77.com ,Join profit making community...Today!"
Results Today ...
Andhra Bank, Blue Star, Cadila Healthcare, Cummins India, DB Corp., GSK Consumer, Godrej Ind, Gujarat Alkalies, GSPL, HCL Info, HCL Tech, Hero Honda, Hindalco, Hotel Leela, India Cements, Indiabulls Fin, Indiabulls Sec, Jet Airways, KEC Intnl, LMW, LIC Housing, M&M, Pantaloon, Power Grid Cop., SBI, Shyam Tele, Sterlite, TTML, TV Today, Voltas and Wockhardt.
Market Commentary ...
While main indices are coming crashing down, there are a number of mid-caps which have been moving higher, some even hitting upper circuits. We expect a soft start for the key indices. Friday's commendable recovery in the face of a worldwide sell-off could be tested at start following yet another triple-digit loss for the Dow.What could possibly save the bulls from further misery would be stronger than expected earnings announced from the likes of RIL, Maruti and ITC. Hopefully, other big results this week will not let the market down.
On the flip side the market will have to contend with a deluge of earnings, the F&O expiry and the RBI policy. The market will be shut on Tuesday on account of Republic Day.
As far as India is concerned, the RBI is most likely to opt for a calibrated hike in policy rates even as the Government mulls partial rollback of duty cuts.
M&M is expected to report 84.8% jump in sales and 362% jump in PAT. Hero Honda is expected to register 31.7% rise in sales and 69.8% jump in PAT.
Subscribe to:
Posts (Atom)
JOIN US!!
Send SMS for "STUDY" on 09825677777