सेन्सेक्स (18722.30) +286.11 अंक चढ्कर, नीफ़्टी (5633.95) +92.35 अंक चढ्कर, बंद..

Sector Watch: Multi Brand Retail, NBFC Stocks Sector Avoid: OMC, Realty, I.T., Cement, Tyre & Metal

"Visit Daily www.NorthPole77.com , Join profit making community...Today!"

Nifty & Sensex Levels

Nifty / Sensex	F & O Close Rate	R-1	R-2	S1	S2
NIFTY	5544	5577	5616	5529	5502
Sensex	18436	18540	18650	18390	18310

Daily & Short Term Recommendations

Buy Call

Scrip Name	F & O Close Rate	Target 1	Target 2	Stoploss
Sun Pharma	505.65	514	524	496
Hero Honda	1791.50	1805	1814	1775
Yes Bank	318.40	323	329	314
SBI	2457	2477	2495	2434

Sell Call

Scrip Name	F & O Close Rate	Target 1	Target 2	Stoploss
Kotak Bank	477.30	472	463	483
Sail	129.40	127	126	130.50
CIPLA	316.10	312	307	320

Intraday Call..

NIFTY 

//BUY OR SELL//

CALL TO PAID CLIENTS ONLY

Morning Call --- BOOK PROFIT

PETRONET 
TARGET ACHIEVED
AT 175

Morning CallSMS TO PAID CLIENTS ONLY

Result Update: Hero Honda (Q1 FY12) – Market Performer

CMP Rs1,789, Target Rs1,659, Downside 7.3%

±  Revenues rise 32% yoy due to 23.9% yoy growth in volumes and 7% higher realizations

±  Higher raw material costs owing to higher commodity prices lead to 275bps yoy fall in OPM to 11.3% (below expectations)

±  Higher production from Uttaranchal plant results in lower effective tax rate

±  Key concerns: R&D capabilities following exit of Honda, sustenance of margins

±  Maintian Market Performer rating with a 9-month price target of Rs1,659 (P/E of13x FY13E EPS)

Result Update: Sesa Goa (Q1 FY12) – Market Performer

CMP Rs278, Target Rs302, Upside 8.6%

±  Topline of Rs21.1bn was below our estimate of Rs28bn and also declined 12.6% on a yoy basis

±  The underperformance in topline was due to both lower than expected iron ore realization and volumes

±  Iron ore sales volume of 4.3mn tons was lower than our estimate of 4.7mn tons on account of logistical bottlenecks in Goa

±  Net realizations too declined 14.4% qoq to Rs4,502/ton due to higher sales in domestic market

±  EBIT/ton on iron sales declined to Rs2,513/ton from Rs3,041/ton in Q4 FY11 and Rs3,009/ton in Q1 FY11

±  Pig iron production declined due to unavailability of high grade iron ore in Karnataka

±  Volume headwinds coupled with higher export duty and transportation costs to keep stock under pressure; maintain Market Performer  

Market Commentary ,,

After a fairly lackluster week, hope are of a good rally today - at least at start. Overseas markets are fired up after European leaders agreed to a new $229bn bailout plan for debt-plagued Greece that includes private sector support. They also empowered their 440-bn euro rescue fund to buy debt of the struggling eurozone nations.

The euro has jumped against the dollar. The yen is down as global investors resume their buying of risk assets. Separately, there are reports that the Obama administration is cutting a deal with House Republicans to boost the US debt ceiling and reduce deficits by ~ $3 trillion over 10 years without any immediate increase in revenues.

Indian markets will also take cues from corporate results. So far, earnings have been mixed with a few nasty surprises. In the coming days, the focus will be on the RBI’s policy action, F&O expiry, monsoon and the parliament session. FIIs, meanwhile seem to have switched to a lower gear. 

सेन्सेक्स (18436.19) -66.19 अंक गिरकर, नीफ़्टी (5541.60) -25.45 अंक गिरकर, बंद.

Sector Watch: Multi Brand Retail, Media Entertainment & Oil Refineries Stocks Sector Avoid: Aviation, OMC & Metal

Markets to open in RED & Small recovery is likely

Overall outlook may range bound during the session

Nifty & Sensex Levels

Nifty / Sensex	F & O Close Rate	R-1	R-2	S1	S2
NIFTY	5569	5609	5654	5549	5534
Sensex	18502	18620	18785	18440	18395

Daily & Short Term Recommendations

Buy Call

Scrip Name	F & O Close Rate	Target 1	Target 2	Stoploss
Reliance Ind.	876.90	885	892	868
SBI	2476	2492	2515	2457
L & T	1800	1821	1834	1785

Sell Call

Scrip Name	F & O Close Rate	Target 1	Target 2	Stoploss
Hero Honda	1763	1752	1735	1784
Tata Motors	970	958	942	985

Market Commentary

Economists may not be all that gung-ho about the current state of the Indian economy, but the Finance Minister thinks the pessimism is overdone. According to him, all is well with the Indian economy. There is no policy paralysis and reforms have not been put on the backburner.

But, inflation is unlikely to cool to acceptable levels before March and GDP growth has been scaled down a little.

We expect the market to be sluggish at start due to indecisive global cues. US stocks softened amid persistent anxiety over the ongoing debate over budget talks. But their European counterparts advanced. Asian indices are clueless. 

A move below 5550 on the Nifty could see further selling and the index might head towards 5440.

Meanwhile, reports suggest that the DoT could take a call on fresh allocation of 2G spectrum on Friday.

Separately, the DoT may also auction airwaves for wireless broadband. The Delhi High Court would today start hearing on framing of charges in the 2G scam.

सेन्सेक्स (18502.38) -151.49 अंक गिरकर, नीफ़्टी (5567.05) -46.50 अंक गिरकर, बंद.

Our INTRADAY Sell NIFTY target achieved 5600

Sell NIFTY given at 5635, target 5610 below...

BANG ON TARGET, 

CALL TO PAID CLIENTS ONLY,

get such calls... get paid!!!

Just Pay Rs 8500 for 3 Months

[sms "QTY" to 09825677777]

Just Pay Rs 3500 for 1 Month 
[sms "ONE" to 09825677777

Join Profit Making Community !!

Markets to open with positive note & Rally to continue

Overall undertone will remain firm & outlook bullish

Keep result oriented stock specific approach

Nifty could lift  up to at least 5650 and Bank Nifty to 11,600. Today, we expect the positive trend to persist. However, profit booking is not ruled out around 5670 levels.

Nifty & Sensex Levels

Nifty / Sensex	F & O Close Rate	R-1	R-2	S1	S2
NIFTY	5619	5649	5676	5589	5574
Sensex	18653	18743	18824	18563	18513

Daily & Short Term Recommendations

Buy Call

Scrip Name	F & O Close Rate	Target 1	Target 2	Stoploss
Infosys	2729.95	2750	2782	2695
Reliance Industries	881	892	900	870
Sesa Goa	219.50	295	297	288
Tata Steel	578.95	585	590	570
SBI	2522	2550	2570	2490
Reliance Capital	598.45	605	610.50	590