SATYAM : Our morning call on fire trading above target hold for next target 125

Kiri Dyes & Chemicals

Shares of Kiri Dyes & Chemicals furtherextended gains and added 4% to end at Rs686 after reports stated thatthe company plans to acquire German textile- dye company DyStarTextilfarben GmbH from private equity firm Platinum Equity LLC.

Buy and Hold SATYAM for intraday target of 107 plus

Mahindra Satyam has agreed to pay US$70mn to Upaid for out of court settlement. (ET)

Fortis Healthcare is in talks to buy Lanka Hospitals chain. (BS)

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

Suzlon Energy has received a Rs1.9bn order from Rajasthan State Mines and Minerals Ltd. (BL)

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

FIIs were net sellers in the cash segment on Wednesday at Rs3.77bn on a provisional basis. The local funds were net buyers of Rs188.7mn, according to figures published on the NSE's web site. In the F&O segment, the foreign funds were net sellers at Rs8.58bn. FIIs were net buyers of Rs9.94bn in the cash segment on Tuesday. FIIs' net investments in Indian stocks this year have crossed $16bn.

Pre Market Intraday Ideas

Buy MLL
Buy Kiri Dyes

Pre Market Commenrary ..

Today, we expect a positive start, but overall trading will be choppy. The Nifty will continue to face resistance at 5180-5200. Stock-specific movements will hog the limelight. Mahindra Satyam could spurt after it has agreed to pay US$70mn to Upaid for an out of court settlement.The world and its problems will continue. While you need to keep a close watch on the developments, you need to look even more closely at your portfolio.

The bulls will hope that all the talk of a double dip recession remains just a talk though not all is hunky dory. There are a few fresh dark clouds gathering over the horizon; like the credit problems in Dubai and Greece. If that was not enough, S&P has cut its outlook on Spain to negative. UK and Japan are not doing particularly well. There are some concerns on asset bubbles in China. Inflation of course will remain a big bother for India. High unemployment and subdued consumers are hindering growth in the US.

Given this backdrop, one should remain guarded. Avoid impulsive buying.

GET FREE SMS ON YOUR MOBILE

CLICK/FOLLOW BELOW LINK AND GET FREE SMS

http://labs.google.co.in/smschannels/subscribe/northpole

OR

Type ON NORTHPOLE

send it to 9870807070.

सेन्सेक्स (17123) -104.40 अंक गिरकर, नीफ़्टी (5112.70) -35.20 अंक गिरकर, बंद..

Lady Bug Note From PagePlugins.com

European markets update: FTSE Index up 0.3%, CAC Index and DAX Index flat.

Buy and Hold for 7days Delivery ...

Astec Life Science (533138)

at Rs. 91.00

Today Target Rs. 97.90,

Weekly Target Rs. 117 plus

Kiri Dyes: Our call on FIRE trading strong.....

Hold Kiri Dyes (532967)

LONG FROM Rs. 525

Today Target Rs. 682,

Weekly Target Rs. 788

Refresh your memory ,

5 days back written to buy this stock @

525 & already zoomed upto 663 level.

Pre Market Commentary ..

Today,when the world was down, India was shining, especially late in the afternoon. The rise coincided with the Finance Minister’s announcement that the government plans an additional Rs257bn in public expenditure during the current fiscal year. The gains are less likely to be maintained given the weakness all around. However, bulls will strive for a recovery later in the day. In the US, the Dow shed over 100 points following a strengthening dollar, weakening oil and gold prices and some below expectation corporate numbers. Asian markets are weak after Japan’s economy expanded less than expected. Japan has cleared an additional $81bn stimulus.

U.K and Germany manufacturing is still weak. Ratings agencies have warned about debt problems. First it was Dubai and now Fitch has lowered Greece's credit rating. People may not know where to find Greece on the map but some impact will be felt in markets.

Pre Market Intraday Call !!

Buy Kiri Dyes

Buy Jindal Cotex

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

JSW Group is planning to set up minor ports in states where it has a major presence through its steel and power plants. (FE)

L&T secured a contract valued at Rs8.4bn from NPCIL for construction of the main plant civil works of reactor 3 and 4 at Kakrapar Atomic Power Project near Surat. (BS)

POSITIVE & NEGATIVE BREAKOUTS

POSITIVE BREAKOUTS

CIPLA
CESC
CHENNAI PETRO
DLF
SAIL

NEGATIVE BREAKOUTS

TATA COMM
GREAT OFF
GUJ NRE
BAJAJ HIND
HERO HONDA

NIFTY (5147) SUP 5047 RES 5247

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

सेन्सेक्स (17227.68) 244.53 अंक चढ्कर, नीफ़्टी (5147.95) 81.25 अंक चढ्कर, बंद..

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

Asian markets update: Nikkei Index down 0.6%, Hang Seng Index down 0.6% and Shanghai Index down 2%

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

Market Commentary ...

Today, we expect a cautious to positive start and another sideways trading session. There might be a bounce back if the global trend improves. That in turn could force the bears to cover their shorts. Overall, the market will remain rangebound amid uncertainty over the near-term outlook.

The bulls seem to be looking for some change and appear to have gone on an early Christmas holiday. Global stocks have struggled lately in making much headway amid some concerns about pricey valuations and the strength of the economic recovery. The markets are a bit nervous as economic rebound could spring a surprise, leading to an early exit from easy money policy. What is also making the markets jittery is a possible reversal in the trend in fund flows. For lack of other triggers, all eyes are fixed on how the dollar behaves and what happens to US interest rates.Friday’s strong jobs data has set the cats among the pigeons. It remains to be seen how upcoming data unfolds, both in the US and elsewhere. Talking of data, Indian market will react to the latest IIP on Friday.

Pre Market Intraday Call !!

Buy Essar Oil

Buy Mastek

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

Opto Circuits is looking at a capex of around Rs2bn in the next one and half years for setting up manufacturing units in Vizag and Malaysia. (BS)

Reliance Mediaworks has partnered with US-based In-Three for converting 2D films and videos into the 3D format. (ET)

M&M plans to raise around Rs20bn long-term debt for its Chakan commercial vehicle project. (BL)

ONGC is interested in acquiring a stake in Ghana’s giant Jubilee oilfield, but the African nation has exercised its first right of refusal on the stake sale. (BS)

POSITIVE & NEGATIVE BREAKOUTS

POSITIVE BREAKOUTS

BHARAT ELECTRONICS
YES BANK
CESC
CHENNAI PETRO
TECH MAH

NEGATIVE BREAKOUTS

JSW STEEL
BAJAJ HIND
GREAT OFF
RIL
GVK POWER

FIIs were net sellers in the cash segment on Monday at Rs1.91bn

FIIs were net sellers in the cash segment on Monday at Rs1.91bn on a provisional basis. The local funds were net sellers of Rs1.85bn, according to figures published on the NSE's web site. In the F&O segment, the foreign funds were net sellers at Rs8.15bn. FIIs were net buyers of Rs4.45bn in the cash segment on Friday. FIIs' net investments in Indian stocks this year have crossed $16bn. Mutual Funds were net sellers of Rs957mn in the cash segment on Friday.

NIFTY (5066) SUP 4966 RES 5166

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

सेन्सेक्स (16983.14) -118.40 अंक गिरकर, नीफ़्टी (5066.70) -42.20 अंक गिरकर, बंद..

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

ABB wins contract worth Rs506cr from Bangalore Metro Rail

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

European market update: FTSE Index down 0.5%, CAC Index down 0.5%, DAX Index down 0.6%

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

BHEL wins order worth Rs27cr from Andhra Pradesh Power generation

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

Our morning call Buy Kiri Dyes going firrrrrre at 622.

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

Delivery Call : Buy on deeps Sesa Goa 380 SL 365 Tgt 400,425,450. Hold for 2 months.

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

Stocks in action :

Reliance Power, Reliance MediaWorks, Edserv Softsystems, NTPC,

GVK Power, JSW Steel

Pre Market Commentary ..

Today,the market seems in a consolidation phase and the same is healthy. The key indices are likely to remain sideways in a range. The Nifty will face resistance around 5180-5200. It has to close above this level with good volumes for a few days to provide fresh impetus to the bulls. If at all it manages to cross 5200, the Nifty might struggle to surpass 5300 and is likely to hit a wall near 5360. Non-index counters may see some action. High beta is avoidable after a runaway rally. Defensive plays like IT, FMCG and Pharma would be safer.

Dhoni’s boys have triumphed in their quest for the pinnacle of Test Cricket. The Indian stock market is struggling to make new highs. Dhoni & Co. will find that life at the Top is not as easy as it appears. The real test of their character begins now. The same applies to the stock market. After having rebounded in a spectacular fashion from March lows, the market is finding it a bit tough to advance further.

Pre Market Intraday Call !!

Buy Opto Circuit

Buy Kiri Dyes

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

Mahindra Satyam won Rs1bn outsourcing contract from Airbus to manage its internal quality and processes. (ET)

L&T and EADS plans to send a revised proposal to FIPB, with a new joint venture structure in which the European defence giant would hold 26% stake. (BS)

Reliance Infrastructure-led consortium has won the Rs17bn NHAI project to construct a six-lane highway between Pune and Satara in Maharashtra. (BL)

Tata Steel Europe (Corus) has decided to keep open some facilities at its troubled Teesside Cast Products in contrast to the earlier plan of mothballing the entire plant. (BL)

POSITIVE & NEGATIVE BREAKOUTS

POSITIVE BREAKOUTS

BAJAJ AUTO
CHENNAI PETRO
RNRL
JSPL
R COMM

NEGATIVE BREAKOUTS

VIDEOCON IND
GREAT OFF
AREVA T & D
ABB
HDFC

FIIs were net buyers in the cash segment on Friday at Rs1.98bn

FIIs were net buyers in the cash segment on Friday at Rs1.98bn on a provisional basis. The local funds were net sellers of Rs566.4mn, according to figures published on the NSE's web site. In the F&O segment, the foreign funds were net sellers at Rs7.86bn. FIIs were net buyers of Rs4.28bn in the cash segment on Thursday. FIIs' net investments in Indian stocks this year have crossed $15.9bn. Mutual Funds were net sellers of Rs1.65bn in the cash segment on Thursday.

NIFTY (5108) SUP 5008 RES 5208

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

सेन्सेक्स (17101.54) -84.14 अंक गिरकर, नीफ़्टी (5108.90) -22.80 अंक गिरकर, बंद..

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

European markets update: FTSE Index down 0.3%, CAC Index down 0.4% and DAX Index down 0.4%

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

Market Commentary ...

Today, we expect a soft opening as global equities are mixed. A close above the year’s high (around 5182) for a few days is needed for a further advance. Till then, the key indices will remain sideways and mostly subdued. Support may kick in at 5030-50. Further selling is not ruled out at higher levels but the same is unlikely to be too savage.Bourses are unlikely to see fireworks of the kind Brabourne Stadium witnessed on Thursday where India posted its highest single-day score in Tests. Stock markets are not for just a day’s record anyways. After a strong pull-back from last week’s selloff, the momentum appears to have dipped a little.

Every time, the bulls have tried to move towards the year’s peak, they have met with some resistance. Similarly, the market has found support after a small correction. In short, we are in a volatile consolidation phase after the astounding rally from the troughs of March. This trend is likely to prevail at least this month, with the sentiment driven mainly by global cues. The market will continue to move in a range of 4800-5200.

Pre Market Intraday Call !!

Buy Think Soft

Buy SCI

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

SBI has signed a MoU with Honda Siel to provide retail financing to prospective customers. (BL)

ONGC Videsh to invest US$5.5bn in Farsi block in Iran. (DNA)

Infosys to hire 1,000 people in the US over the next 4-5 quarters, says CFO. (BL)

POSITIVE & NEGATIVE BREAKOUTS

POSITIVE BREAKOUTS

YES BANK
AMBUJA CEMENT
R COM
TATA STEEL
MARUTI

NEGATIVE BREAKOUTS

HIL
JAIN IRRIGATION
ITC
ABAN OFF
EDUCOMP

FIIs were net buyers in the cash segment on Thursday at Rs3.34bn

FIIs were net buyers in the cash segment on Thursday at Rs3.34bn on a provisional basis. The local funds were net sellers of Rs1.99bn, according to figures published on the NSE's web site. In the F&O segment, the foreign funds were net buyers at Rs1.06bn. FIIs' net investments in Indian stocks this year have nearly touched $16bn.

NIFTY (5131) SUP 5031 RES 5231

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

सेन्सेक्स (17185.68) 15.77 अंक चढ्कर, नीफ़्टी (5131.70) 8.45 अंक चढ्कर, बंद..

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

European market update: FTSE Index up 0.5%, CAC Index up 0.8%, DAX Index up 0.8%

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

Pre Market Intraday Call !!

Buy Think Soft

Buy Bombay Rayon

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

ABG Shipyard and Eleventh Land Developers Pvt. Ltd. (ELDPL) (a wholly owned subsidiary of ABG), announced the sale of 3.078mn shares of Great Offshore (being approximately 8.27% of current paid up shareholding of Great Offshore Ltd.) through a stock market sale. Consequent to this Transaction, the cumulative shareholding of ABG and ELDPL in Great Offshore Ltd. is Rs571 shares.

Pre Market Commentary ..

Today, Stock markets provide opportunities at all times. Last year’s crash was one of them. The current consolidation is no exception either. Today we expect a flat start due to subdued global markets. In the near-term, the key indices will continue to swing in a range, which is pegged at 4900-5200 on the Nifty. To ride out this volatility one needs to focus on one’s portfolio. Get rid of the laggards and bet on companies with good earnings visibility. As far as the global markets go, concerns about Dubai's debt troubles appear to be easing. World trade in equities continues to be driven by the US dollar’s weakness. Risky assets such as emerging market equities and currencies are being lapped up. Commodities too have benefited. Gold is hitting new highs every day.

But, the rise in risk appetite is being tempered by some degree of caution after the spectacular rally from the lows of March. From here on, incremental ‘good news’ has to be really strong for the current momentum to sustain. A big worry is on how the ‘exit’ strategies unfold.Though long-term prospects for India remain positive, a number of factors could pose a challenge. Among the key ones include an imminent hike in interest rates, spiraling inflation, a yawning fiscal deficit, anemic credit growth, bleeding exports and shrinking tax receipts.

Wipro to hire 5,000 employees in next couple of months. (ET)

DLF plans to list DLF Assets Ltd (DAL) in Singapore in June 201 to raise about US$1.2bn. (FE)

Tata Steel owned Corus is preparing for major re-branding initiative resulting into replacement of the eleven year old Corus badge with the Tata brand. (BS)

POSITIVE & NEGATIVE BREAKOUTS

POSITIVE BREAKOUTS

AXIS BANK
GODREJ IND
GAIL
CIPLA
HPCL

NEGATIVE BREAKOUTS

BHEL
TECH MAH
GREAT OFFS
HUL
REL INFRA

FIIs were net buyers in the cash segment on Wednesday at Rs8.86bn

FIIs were net buyers in the cash segment on Wednesday at Rs8.86bn on a provisional basis. The local funds were net sellers of Rs2.14bn, according to figures published on the NSE's web site. In the F&O segment, the foreign funds were net buyers at Rs2.51bn. FIIs were net buyers of Rs22.94bn on Tuesday. FIIs' net investments in Indian stocks this year have crossed $159bn.

NIFTY (5123) SUP 5023 RES 5223

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

सेन्सेक्स (17169.91) -28.36 अंक गिरकर, नीफ़्टी (5123.25) 1.25 अंक चढ्कर, बंद..

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

Our morning call Buy Kiri Dyes is going strong and target achieved at 539.90 !!!!!!

Delivery Call :

Buy Sail at 210
SL 199 Tgt 219,224.
Hold for 2 Weeks.

www.northpole77.com

Market Commentary ...

Today, we expect a steady start which might pick up if the Nifty crosses 5140. Some resistance is expected near 5200 and support will kick in at around 5000.Risk appetite seems to be alive and kicking despite a brief scare that was sparked by the Dubai debt crisis. Experts feel the crisis over the Dubai World debt default is not as serious as feared initially and will be mostly contained. For India, the big sentiment booster has come in the form of the Q2 GDP growth data. Monthly auto sales have only reinforced a growing view that the Indian economy is in a pink of health.

However, not all is hunky dory. Some concerns remain over high fiscal deficit, spiraling inflation, anemic loan growth, shrinking exports and subdued tax collections. Valuations too are not cheap. Loose monetary policy could soon be history and the fiscal stimulus too might be gradually withdrawn. Global recovery may also stall in the absence of emergency fire fighting steps.

In short, one must tread cautiously though the bias is positive.

Pre Market Intraday Call !!

Buy K S Oil

Buy Kiri Dyes

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

Cipla is in talks with Pifzer and other leading companies for major supply contracts, but has denied any proposal for a stake sale. (BS)

SAIL is set to reduce prices of flat steel products sold in the spot market by up to 3% or Rs 800/tonne owing to mounting threat from low-priced imports. (ET)

Reliance Industries has stopped selling gasoline and gas oil to Iran since April. (FE)

POSITIVE & NEGATIVE BREAKOUTS

POSITIVE BREAKOUTS

IDEA
AXIS BANK
MNM
LUPIN
STER

NEGATIVE BREAKOUTS

PUNJ LLYOD
TECH MAH
ABB
PATNI
MPHASIS

NIFTY (5122) SUP 5022 RES 5222

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

सेन्सेक्स (17198.27) 272.05 अंक चढ्कर, नीफ़्टी (5122.00) 89.30 अंक चढ्कर, बंद..

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

European markets update: FTSE Index up 1.3%, CAC Index and DAX Index up 1.6%

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

Our morning call Buy Jindal Cotex at 114.90 & Tulip at 949.90 target achieved .

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

Pre Market Commentary ...

Today, the bulls are enjoying the GDP growth music as India does an elephant dance. Sure, the stimulus measures are showing the desired effect. When sentiment turns bad we will revisit the deficit figures. For now the question is when will the RBI step in to suck out surplus liquidity by tightening monetary policy? We reckon it would be in January.



The country's GDP expanded by 7.9% in Q2. The growth for the first six months now stands at an impressive 7%. Upward revision of GDP growth will be the order of the day now. Services grew by over 9%. Agriculture, showed some growth but next quarter is most certain to be negative.



The opening may be just about in the green. Thereafter, the indices are expected to weaken. Profit booking could be seen in counters which ran too fast on Monday. Global cues during the day will be watched closely for direction. For now, the global signals are mixed. Asian markets are weak.

Pre Market Intraday Call !!

Buy Jindal Cotex

Buy Tulip

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

M&M and British defence company BAE Systems on Monday singed an agreement to launch a joint venture company to focus on manufacturing land systems for security forces. (ET)

Essar Oil has extended its exclusive talks to acquire three European refineries of Royal Dutch Shell beyond end of November. (ET)

L&T and NPCIL tie-ups for atomic power components. (BS)

POSITIVE & NEGATIVE BREAKOUTS

POSITIVE BREAKOUTS


CESC
BHARTI AIRTEL
ACC
TATA COMM
SAIL


NEGATIVE BREAKOUTS


POWER GRID
PATEL ENG
ICICI BANK
RELIANCE POWER
ESSAR OIL

NIFTY (5032) SUP 4932 RES 5132

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

सेन्सेक्स (16926.22) 294.21 अंक चढ्कर, नीफ़्टी (5032.70) 90.95 अंक चढ्कर, बंद..

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

European markets update: FTSE Index up 0.2%, CAC Index up 0.3% and DAX Index up 0.6%

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

Our morning call Buy Bharti Airtel target achieved at 299.90.

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

Our morning call Buy Bharti Airtel is going strong at 293.

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

Indian Construction Grew 6.5% In Second Quarter
India Electricity, Gas Output Grew 7.4% In Second Quarter
India Manufacturing Grew 9.2% In Second Quarter From Yr Ago
India Financing, Insurance, Real Estate Grew 7.7% In Q2
India Economy grew 7.9% in July-September Quarter

GSPL: Hold our delivery call for traget of 99 and 104 plus

Pre Market Commentary ...

Today,we expect a bounce back at start today. Some amount of domestic buying, especially in the large caps is likely after they were randomly beaten down last week. The GDP numbers expected later in the day could add to the sentiment if above expectations. There is bound to come some pain, surely as there are storms and falling rain; just believe that the one who holds the storms will bring the sun.



The bears seem to have found the perfect storm in the desert. For long they have been scouting for a reason to break the range-bound trade and the Dubai-debt issues seem to have done the trick. UAE authorities seem to be coming up with a solution; albeit temporary, and this could at least limit the collateral damage.Investors too may have pondered enough over the weekend and decide that the situation is not that bad after all for the time being. The Asian markets are staging a comeback recording decent gains.



The primary fears include that a bailout in Dubai may feed further bubbles. Beijing says it plans to continue its stimulus measures. Back home, the RBI says it is watching the situation closely. The event could delay the central bank’s exit measures for some time.

Pre Market Intraday Call !!

Buy Reliance

Buy Bharti Airtel

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

TCS has said that it will recruit about 25,000 people in 2010-11. (BL)

ONGC finds traces of a new oil reserve in Gujarat which could increase the company’s total onshore oil production by about 20%. (BS)

Suzlon Energy's subsidiary REpower Systems receives an order from Saint-Laurent Énergies, Canada, for supply of 954MW of wind turbines ;deal size is estimated at about US$1bn. (BL)

POSITIVE & NEGATIVE BREAKOUTS

POSITIVE BREAKOUTS


ACC
SUZLON
CAN BANK
EIH
UNITED SPIRIT


NEGATIVE BREAKOUTS


RPOWER
BIOCON
PUNJ LLYOD
JSPL
HCC

NIFTY(4941) SUP 4841 RES 5041

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