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सेन्सेक्स (18335.79 ) -249.17 अंक गिरकर, नीफ़्टी (5486.15) -78.90 अंक गिरकर, बंद.

Daily & Short Term Recommendations

Buy Call

Scrip Name	F & O Close Rate	Target 1	Target 2	Stoploss
HUL	299.90	302	307.00	296
RANBAXY	477.65	485	495	472
TATAMOTORS	1204	1218	1238	1190
PNB	1078.00	1095	1105	1060

Sell Call

Scrip Name	F & O Close Rate	Target 1	Target 2	Stoploss
HDFC	666.70	658	650.00	673
ACC	982.90	973	964	992
NTPC	176.70	173	171	178
TATASTEEL	595.00	590	584	599

Nifty & Sensex Levels

Nifty / Sensex	F & O Close Rate	R-1	R-2	S1	S2
NIFTY	5563	5592	5620	5528	5500
SENSEX	18584	18675	18780	18510	18400

NIFTY FO CLOSED @ 5560 AS ON 11.05.2011

NIFTY FO has resistance @ 5581 to 5593 above which other resistance levels are @ 5609 to 5619. In down side support levels are @ 5547 to 5530 levels; below which other support levels are @ 5517 to 5509 levels in MAY - 2011. I am positive for next week above 5609 level but be with the trend. Let the market decide further moves. As we are saying from many days Buying is suggested in falls only... and its still a better strategy in the given scenario. One can go for buy at those levels also, but in absence of that its time to BOOK PROFIT now. This is a pessimistic outlook but that's the way we tend to be, in this market.

HDFC BANK FO @ 2255 > POSITIVE TREND @ 2247 WITH SL @ 2230 TARGET @ 2269 TO 2277 � 2288....!!

ACC FO @ 989 > NEGATIVE TREND @ 997 WITH SL @ 1003 TARGET @ 973 TO 966 - 960..!!

MARUTI FO @ 1225 > POSITIVE TREND @ 1213 WITH SL @ 1203 TARGET @ 1239 TO 1245 - 1251..!!

Today Listing

Servalakshmi Paper Ltd. 

(BSE Code : 533401)

सेन्सेक्स (18584.96) +72.19 अंक चढ्कर, नीफ़्टी (5565.05) +23.80 अंक चढ्कर, बंद..

OUR BTST pppl [paraprint] 
we are long since 24.90,
today locked upper buyer cap...
at Rs.31.15
CALL 23% UP in just 3days...

Our PPPL; [PARAPRINT] trading strong - BANG ON TARGET 29+++

TODAY ALSO................29 +++


NEXT WEEK HOLD FOR 31 & 34 +++
SAVE THIS MESSAGE

Buy and Hold...

VIKAS GLOBEL at 82.90 sl 77.90
target 87.90 and 91.90 plus 
HOLD FOR NEXT 5 DAYS!!

Our PPPL; [PARAPRINT] trading strong hold today for 29

NEXT WEEK TARGET 31 AND 34 ++

Nifty & Sensex Levels

Nifty / Sensex	F & O Close Rate	R-1	R-2	S1	S2
NIFTY	5549	5580	5620	5520	5475
SENSEX	18512	18605	18725	18425	18290

Daily & Short Term Recommendations

Buy Call

Scrip Name	F & O Close Rate	Target 1	Target 2	Stoploss
HUL	296.30	300	302.00	293
RANBAXY	453	457	467	444
NTPC	182	183	186	180
TATAMOTORS	1179.50	1195	1207	1162

Sell Call

Scrip Name	F & O Close Rate	Target 1	Target 2	Stoploss
RPOWER	116.35	115	113.50	119
HDFC	664	652	644	672
ACC	987	977	967	1000
SUN PHARMA	433.15	425	421	438
DR.REDDY	1598	1573	1560	1612

SELL, between Rs1,162-1,166, Target Rs1,112

TCS (SELL, between Rs1,162-1,166, Target Rs1,112): TCS on the daily chart has retreated from the ‘falling resistance’ turning earlier breakout as ‘whipsaw’. The falling resistance line also converges with 50-DMA and 100-DMA which are considered as medium term resistance and close below same has reinforced negative view in the counter. The strength on daily RSI has been faltering with RSI testing its moving average from below and most importantly the RSI is trading below the support mark of 50.  The support trend line extended from the trough of Rs1,145 in April and Rs1,110 in May  gives immediate target of Rs1,100 in the near term. The daily MACD also continues to remain in the sell mode thus corroborating negative view in the counter. We advise going short on TCS May Fut with stop loss of Rs1,187 for Target of Rs1,112  (Duration 6 days).

Marke Commentary ..

With the assembly elections in four states and one union territory over, all eyes are on the results. The real outcome will be known on Friday. Exit polls suggest a clean sweep for Trinamool-Congress combine in West Bengal. In Kerala, Assam and Tamil Nadu things are not clear though. 

The start today will be quiet again but the undertone is not as bad as it was last week. FII selling seems to have abated a bit.

Robust Chinese trade data boosted the sentiment across the globe on Tuesday. The latest data shows inflation staying elevated in China last month even as industrial output slowed.

Back home, the latest IIP report will be out on Thursday. It will be a light day in terms of corporate results. ABB India, Apollo Tyres and Grasim Industries are the notable ones to watch out for.

Meanwhile, SBI has hiked BPLR and the base rate by 75 bps. It has also increased rates on shorter tenor deposits. Oil PSUs will remain in focus as the EGoM on fuel prices has been deferred till next week. 

सेन्सेक्स (18512.77 ) -16.19 अंक गिरकर, नीफ़्टी (5541.25) -9.85 अंक गिरकर, बंद.

MARKET RADAR

Intraday: Sell Nifty May TARGET achieved at 5544.90 - BOOK PROFIT

BANG ON TARGET


boooook profit...

PPPL: Our first target at 28.70 achieved, BANG ON TARGET

TARGET ACHIEVED TODAY ITSELF!!!!!!!!!!!!!!!!!!!

HOLD FOR NEXT TARGET 31 ++

Buy and Hold RELIANCE MAY FO; at 965 TARGET 999 ++

FO: Buy and Hold :Net maximum profit of Rs10,000 and net maximum loss of Rs5,000.

Buy Adani Power May Future in range of Rs108.50-109.50 for the target price of Rs113.50 and stop loss placed at Rs107.Lot size: 2000 | Remarks: Net maximum profit of Rs10,000 and net maximum loss of Rs5,000.

 

Buy and Hold...

Century Textiles (BUY, above Rs341, Target Rs352): on the daily chart, after being on a downtrend since May 2011, the stock has staged a short-term reversal. Also, after yesterdays rebound was accompanied with good volumes and a close near day’s high which has led to formation of hammer pattern on candlestick. Any move above Rs341 should end the down trend in the counter and stock should head towards Rs355 in the near term. Another important observation to corroborate bullish stance in the stock is formation of ‘falling wedge’ on the medium term chart which suggest the downtrend in the counter is near to an end. Based on above observations, we recommend traders to buy above Rs341 with stop loss of Rs336 for target of Rs352.

Marke Commentary ..

We are in for a sedate opening and another day of rangebound consolidation, as investors remain wary after last week’s drubbing. The undertone continues to be cautious amid macroeconomic headwinds like high inflation and rising borrowing costs. Crude oil has recovered after last week’s crash and is back above US$100 per barrel.

Corporate earnings have been mixed at best. FII flows have not been supportive of late. Policy-making at the Centre has been in a limbo for a while now and may not pick up pace anytime soon. 

In a nutshell, the market will largely remain stable without any clear bias. Investors ought to focus on stock centric action, as the main indices are not going anywhere in a hurry. The near term outlook is uncertain with a rangebound trade likely between 5450 and 5630. The 100-DMA is at 5680 and 200-DMA is placed around 5750.

Oil & Gas PSUs will be in focus amid reports that the EGoM will on Wednesday consider fuel price hike and possible steps to reform pricing of petroleum products. 

Levels for Stocks...buy if..

Buy coal india (392.10) with s/L Rs 389 target Rs 396, 400

Buy Cairn India(343.05) with s/L Rs 340 target Rs 347, 350

Buy Shalimar paints (325.80) s/L 321 target 330, 332

Buy Liberty shoes (93.05) with s/L 91 tgt 95, 97

Buy Berger paints (97.35) with s/L 95 tgt 99, 100

Today Listing

Future Ventures India Ltd.

(BSE Code : 533400)

Basis of Allotment Available on Primary Market Column

BOOK PROFIT IN LISTING may drag below to 7.90-8.90 

&

Power Finance Corporation (FPO) Opens Today

Price Band Rs. 193 to 203 (5 % Discount For Retailers)

(Market Lot: 28 Shares)

Buy and Hold...

PARAPRINT [PPPL] at 25.50

hold for target 29,31 plus

HOLD 5 DAYS

सेन्सेक्स (18528.96) +10.15 अंक चढ्कर, नीफ़्टी (5551.10) -0.35 गिरकर बंद..

BTST --- PPPL at 24.90
BY TOMORROW MORNING
TARGET 30 ++

MARKET RADAR

Buy and Hold...

Buy HPCL (400) with s/L Rs 394 target Rs 403, 406

Buy BPCL (665.50) with s/L Rs 655 target Rs 675, 680

Buy IOC (353.15) s/L 350 target 356, 359

Buy and Hold...

M&M (BUY, above Rs715, Target Rs735): M&M has signaled reversal from the short-term down trend after formation of bullish piercing line on Friday. It gave a close above the piercing line and also above its 100-DMA and 200-DMA confirming positive formation. The RSI is also trading with positive bias accompanied with positive crossover which supports buying argument in the counter. We advise buying the stock above Rs715 with stop loss of Rs707 for Target of Rs735.

Markets to open flattish to positive

&

Profit booking is likely on higher levels

Keep Stocks specific approach

Sector Watch: Auto, Bank, OMC, Tyre & Cement

Sector Avoid: Oil Refining & Pharma Stocks

Nifty & Sensex Levels

Nifty / Sensex	F & O Close Rate	R-1	R-2	S1	S2
NIFTY	5550	5586	5620	5520	5485
SENSEX	18746	18855	18970	18650	18490