MORNING CALL,TARGET AHCHVED at MNM 611,614
PROFIT BOOK
Friday, June 11, 2010
Corporate Snippets
Bharti Airtel has announced an extension of its managed services portfolio by entering into a strategic relationship with VMware. (BL)
Infosys BPO will look for acquisitions in Europe and Africa this year. (BL)
The Metallurgical, Material Handling & Water Operating Company of Larsen & Toubro has secured orders totaling Rs7.5bn. (BL)
Wipro and automobile and parts distribution specialist TV Sundram Iyengar & Sons have signed a 10-year total outsourcing contract. (BL)
Reliance Power is buying out two coal companies in Indonesia. (BL)
HCC has sold 74% stake in a commercial building to IL&FS Milestone Fund for Rs5.8bn. (ET)
JSW Energy may pick up 70% in South Africa-based Indian Ocean Mining. (ET)
Infosys BPO will look for acquisitions in Europe and Africa this year. (BL)
The Metallurgical, Material Handling & Water Operating Company of Larsen & Toubro has secured orders totaling Rs7.5bn. (BL)
Wipro and automobile and parts distribution specialist TV Sundram Iyengar & Sons have signed a 10-year total outsourcing contract. (BL)
Reliance Power is buying out two coal companies in Indonesia. (BL)
HCC has sold 74% stake in a commercial building to IL&FS Milestone Fund for Rs5.8bn. (ET)
JSW Energy may pick up 70% in South Africa-based Indian Ocean Mining. (ET)
Thursday, June 10, 2010
सेन्सेक्स (16922.08) 264.19 अंक चढ्कर, नीफ़्टी (5078.60) 78.30 अंक चढ्कर, बंद..
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TARGET ACHIVED NIFTY at 5077.........zzZZZZZZOOOM
NIFTY AT 5077
PROFIT BOOK
OUR BUY CALL
BANG ON TARGET
European Market Update: FTSE down 0.8%, DAX down 0.4% and CAC down 0.7%
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BUY Nifty June Futs at ( 5029 ) with SL of (5010 ) for target of (5060)
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Short BHEL June Futs at Rs2304 with SL of Rs2320 for target of Rs2270, 2260
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Corporate Snippets
Reliance Industries is likely to enter the telecom space when the opportunity arises. (ET)
S&P lowers Bharti long-term corporate credit rating to BB+ from BBB-. (BS)
Reliance Power buys three mines of the Sugico group in Indonesia. (ET)
Bharti Airtel to set up separate tower companies in each of the African nations where it is present. (ET)
Fortis Healthcare board gives nod to raise Rs27.5bn through fresh issue of securities and also increase its borrowing limit to Rs60bn. (ET)
Power Grid may sell 20% to public that could raise Rs80bn, which may be equally split between the government and the company. (ET)
S&P lowers Bharti long-term corporate credit rating to BB+ from BBB-. (BS)
Reliance Power buys three mines of the Sugico group in Indonesia. (ET)
Bharti Airtel to set up separate tower companies in each of the African nations where it is present. (ET)
Fortis Healthcare board gives nod to raise Rs27.5bn through fresh issue of securities and also increase its borrowing limit to Rs60bn. (ET)
Power Grid may sell 20% to public that could raise Rs80bn, which may be equally split between the government and the company. (ET)
Wednesday, June 9, 2010
सेन्सेक्स (16657.89) 40.79 अंक चढ्कर, नीफ़्टी (5000.30) 13.20 अंक चढ्कर, बंद..
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European markets update: FTSE Index up 0.49%, CAC Index up 0.87% and DAX Index up 0.76%
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Our call on zZZOOOoooooooooooom ..STER at 630+++
our call on
STER at 633
DELIVERY HOLD
TARGET 650,677 & 700++
save this message
STER at 633
DELIVERY HOLD
TARGET 650,677 & 700++
save this message
Intraday Traders BOOK PROFIT at 618
BOOK PROFIT
IN OUR CALL
BUY STER
IN OUR CALL
BUY STER
Target 617+++
delivery clients buy around
600 and below FOR
TARGET 650++
Trail SL in Tata Motors to cost and trade safe now
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Corporate Snippets
Reliance Industries got a year’s extension for its SEZs in Haryana and Navi Mumbai. (BS)
Hindustan Unilever intends to dramatically increase its rural distribution reach. (BL)
Tata Steel said its subsidiary, Tata Steel Global Mineral Holdings, has raised its stake to 27.4% from 19.9% in Canada's iron ore explorer New Millennium Capital Corp. (FE)
Hindalco expects domestic demand to post a double-digit growth in the current financial year. (BS)
Hindalco Industries plans to borrow about Rs140bn in the next couple of years to build two new plants. (ET)
Tata Power plans to add 750MW during 2010-11. (BS)
Hindustan Unilever intends to dramatically increase its rural distribution reach. (BL)
Tata Steel said its subsidiary, Tata Steel Global Mineral Holdings, has raised its stake to 27.4% from 19.9% in Canada's iron ore explorer New Millennium Capital Corp. (FE)
Hindalco expects domestic demand to post a double-digit growth in the current financial year. (BS)
Hindalco Industries plans to borrow about Rs140bn in the next couple of years to build two new plants. (ET)
Tata Power plans to add 750MW during 2010-11. (BS)
Tuesday, June 8, 2010
सेन्सेक्स (16617.10) -163.97 अंक गिरकर, नीफ़्टी (4987.10) - 46.90 अंक गिरकर, बंद.
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BOOK PROFIT -BHUSHANSTEEL
SELL CALL BANG ON TARGET...............
Excellent performance
of our recommendation
of our recommendation
Our SELL NIFTY SELL CALL BANG ON TARGET
SELL CALL GIVEN AT 5014
BANG ON TARGET
JUST IN FEW MINTS.....
TARGET ACHIEVED
INTRA DAY TRADERS BOOK PROFIT............
BANG ON TARGET
Excellent performance
of our INTRADAY recommendation
TARGET ACHIEVED
INTRA DAY TRADERS BOOK PROFIT............
Intraday: Sell Nifty at 5014 and above...sl 5044
Sell Nifty at 5014 and above...
sl 5044 Intraday TARGET
5001, 4990 and below...
support 4984 ... High risk traders
hold for 4880 ....
sl 5044 Intraday TARGET
5001, 4990 and below...
support 4984 ... High risk traders
hold for 4880 ....
European market update: FTSE, DAX and CAC index trading flat
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High risk traders:
BOOK PROFIT IN
INTRADAY BUY
NIFTY AT 5049.90
EXIT MARKET NOT LOOKING GOOD
WAIT FOR SELL NIFTY CALL....
INTRADAY BUY
NIFTY AT 5049.90
EXIT MARKET NOT LOOKING GOOD
WAIT FOR SELL NIFTY CALL....
Hold our ..DELIVARY CALL, STER
BUY and HOLD
STER AT 600-620
hold for 365days
target 722 ++
bonus rumors..
hold for 365days
BUY DLF June future at 268.5 With SL at 263.50 for a Target of 278.50
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Buy and Hold Mcdowell at Rs1247 with SL of Rs1237 for target of Rs1275
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Corporate Snippets
Cairn India to commission its 590km heated crude oil pipeline, from its Barmer field near the Gujarat coast in early next month. (BS)
Tata Steel has bought an additional stake in Canadian mining firm New Millennium Capital for around Rs892mn raising its stake to 27.4%. (ET)
NTPC has readied a war chest of around Rs1,600bn for the next five years even as it closes in on a coal mine in Western Australia to source fuel for its power projects. (BL)
SpiceJet has applied afresh for permission to operate in the growing route of Colombo. (BS)
GSPC through its subsidiary GSPC Gas Company Limited has reached to around 1,50,000 PNG domestic customers as well as daily gas sale of 3 mmscmd in the Gujarat. (BL)
Tata Steel has bought an additional stake in Canadian mining firm New Millennium Capital for around Rs892mn raising its stake to 27.4%. (ET)
NTPC has readied a war chest of around Rs1,600bn for the next five years even as it closes in on a coal mine in Western Australia to source fuel for its power projects. (BL)
SpiceJet has applied afresh for permission to operate in the growing route of Colombo. (BS)
GSPC through its subsidiary GSPC Gas Company Limited has reached to around 1,50,000 PNG domestic customers as well as daily gas sale of 3 mmscmd in the Gujarat. (BL)
Monday, June 7, 2010
सेन्सेक्स (16781.07) -336.62 अंक गिरकर, नीफ़्टी (5034.00) -101.50 अंक गिरकर, बंद.
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European market update: FTSE index down 1%, DAX index down 1.1%, CAC index down 1.7%
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Corporate Snippets
Reliance Industries may foray into nuclear energy after being freed from a non-compete agreement with the ADAG that barred it from investing in some businesses. (ET)
Fortis Healthcare may avoid a hurried response to counter Malaysian investment fund Khazanah’s bid to acquire management control over Parkway Holdings. (BS)
Tech Mahindra to focus more on the Middle East and African market, in talks with three-four African telecom companies for large contracts. (BS)
Reliance Communications has granted an in-principle approval to the sale of 26% stake in the company to strategic or PE investors; however, it did not name any buyer or give a timeframe for the proposed sale. (BL)
AT&T is in talks with Reliance Communications to buy a shade under 15% stake. (DNA)
Fortis Healthcare may avoid a hurried response to counter Malaysian investment fund Khazanah’s bid to acquire management control over Parkway Holdings. (BS)
Tech Mahindra to focus more on the Middle East and African market, in talks with three-four African telecom companies for large contracts. (BS)
Reliance Communications has granted an in-principle approval to the sale of 26% stake in the company to strategic or PE investors; however, it did not name any buyer or give a timeframe for the proposed sale. (BL)
AT&T is in talks with Reliance Communications to buy a shade under 15% stake. (DNA)
Friday, June 4, 2010
सेन्सेक्स (17117.69) 95.36 अंक चढ्कर, नीफ़्टी (5135.50) 25.00 अंक चढ्कर, बंद..
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High risk traders Short Nifty June Futures at 5120 with SL of 5135 for Target of 5090
High risk traders
SELL NIFTY... with strict sl
intraday call .................
intraday call .................
European markets update: FTSE Index up 0.3%, CAC Index up 0.4% and DAX Index up 0.5%
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Short ONGC June Futs at Rs1214 with SL of Rs1224 for target of Rs1190
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Short Nifty June Futs at 5080 with SL of 5100 for target of Rs5040
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Corporate Snippets
Hindustan Unilever to consider buy-back proposal. (BS)
Aurobindo Pharma gets US FDA nod for Ceftazidime injections. (BS)
United Phosphorus buys global fungicide business of US based Du-Pont. (BL)
SpiceJet international plans are delayed by three months. (BS)
Moser Baer plans to add 30-40mw of photovoltaic capacity by March 2011. (BS)
GMR Energy to raise Rs4.65bn for its energy expansion plans. (BS)
Godrej Consumer Products is planning a QIP issue to raise Rs6-7bn to fund proposed acquisitions. (BS)
NMDC plans Rs92bn steel plant in Karnataka. (BL)
Aurobindo Pharma gets US FDA nod for Ceftazidime injections. (BS)
United Phosphorus buys global fungicide business of US based Du-Pont. (BL)
SpiceJet international plans are delayed by three months. (BS)
Moser Baer plans to add 30-40mw of photovoltaic capacity by March 2011. (BS)
GMR Energy to raise Rs4.65bn for its energy expansion plans. (BS)
Godrej Consumer Products is planning a QIP issue to raise Rs6-7bn to fund proposed acquisitions. (BS)
NMDC plans Rs92bn steel plant in Karnataka. (BL)
Thursday, June 3, 2010
सेन्सेक्स (17022.33) 280.49 अंक चढ्कर, नीफ़्टी (5110.50) 90.65 अंक चढ्कर, बंद..
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India to spend $1.7trillion on infrastructure over 10 years
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European markets update: FTSE Index up 1.64%, CAC 2.46% and DAX Index up 1.89% each
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India food inflation rate was 16.55% in week ended May 22
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FIIs were net sellers of Rs1.66bn in the cash segment on Wednesday on a provisional basis, according to the NSE data. The local institutions were net buyers at Rs1.65bn on the same day. In the F&O segment, the foreign funds were net buyers of Rs12.33bn. On Tuesday, FIIs were net sellers at Rs4.73bn in the cash segment, as per SEBI data. Mutual Funds were net sellers at Rs133mn on the same day.
Corporate Snippets
NTPC is set to acquire controlling interest in a 720mn tone coal field in Australia in a deal valued at US$1-1.5bn, which will enable it to fire about 3,500MW of power capacity. (ET)
RIL revives plan to build a multi-billion-dollar chemical plant. (ET)
Sun Pharma rejects Guggenheim Partners’ US$215mn offer for Taro stake. (ET)
RIL’s hunt for more hydrocarbons on India's East coast could slow as the company's drilling programme in the region is facing delays due to ‘unresolved mechanical' issue in the rig hired from Transocean. (BL)
RIL revives plan to build a multi-billion-dollar chemical plant. (ET)
Sun Pharma rejects Guggenheim Partners’ US$215mn offer for Taro stake. (ET)
RIL’s hunt for more hydrocarbons on India's East coast could slow as the company's drilling programme in the region is facing delays due to ‘unresolved mechanical' issue in the rig hired from Transocean. (BL)
Wednesday, June 2, 2010
European markets update: FTSE Index down 1.5%, CAC Index down 1.1% and DAX Index down 1.2%
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Corporate Snippets
After 19 months of announcing a relocation of the Nano plant from Singur in West Bengal to Sanand in Gujarat, Tata Motors is set to roll out the world's cheapest car from its new abode. (BL)
Japanese auto major Nissan Motor Company today said it may partner with Hinduja Group flagship firm Ashok Leyland for launching a global compact car in India. (ET)
Macquarie-SBI was in advanced negotiations with GMR Infra to invest US$100mn in the latter’s airports division. (BS)
NTPC’s Kaniha power plant is presently reeling under a super critical condition, with coal stock of about 0.2mt which would last for only three days. (BS)
Singareni Collieries Company Limited, which is setting up a 600MW in Jaipur mandal of Adilabad district, would place orders for the power plant equipment from BHEL in July. (BS)
Japanese auto major Nissan Motor Company today said it may partner with Hinduja Group flagship firm Ashok Leyland for launching a global compact car in India. (ET)
Macquarie-SBI was in advanced negotiations with GMR Infra to invest US$100mn in the latter’s airports division. (BS)
NTPC’s Kaniha power plant is presently reeling under a super critical condition, with coal stock of about 0.2mt which would last for only three days. (BS)
Singareni Collieries Company Limited, which is setting up a 600MW in Jaipur mandal of Adilabad district, would place orders for the power plant equipment from BHEL in July. (BS)
Pre Market Commentary ...
A man who has committed a mistake and doesn't correct it, is committing another mistake.-Confucius
As if the world and its worries were not enough, a freak trade in Reliance Industries took place which saw the index heavyweight plunge to Rs840.55 during the day. Later, there was a freak rumor too on a business channel with the name India Infoline, which unlike the trade got corrected immediately.
The bulls may find some relief this morning as the market gets off to a flat start.
India’s exports increased by 36.2% to US$16.8bn in April, the sixth consecutive month of growth. Auto numbers have been very encouraging in May.
Better-than-expected readings on the US economy failed to cheer the main US indices. The weakness was attributed to slower manufacturing growth in China besides reports that Israel's aircraft were targeted by Lebanese anti-aircraft guns. BP shares fell 15% as it battles with the worst oil spill in US history.
The euro, which has been at the receiving end flirted with fresh four-year lows of US$1.21. The yen weakened after Japanese Prime Minister Yukio Hatoyama said he would resign in eight months. The Bank of Canada raised rates and chances are New Zealand would do the same next week.
As if the world and its worries were not enough, a freak trade in Reliance Industries took place which saw the index heavyweight plunge to Rs840.55 during the day. Later, there was a freak rumor too on a business channel with the name India Infoline, which unlike the trade got corrected immediately.
The bulls may find some relief this morning as the market gets off to a flat start.
India’s exports increased by 36.2% to US$16.8bn in April, the sixth consecutive month of growth. Auto numbers have been very encouraging in May.
Better-than-expected readings on the US economy failed to cheer the main US indices. The weakness was attributed to slower manufacturing growth in China besides reports that Israel's aircraft were targeted by Lebanese anti-aircraft guns. BP shares fell 15% as it battles with the worst oil spill in US history.
The euro, which has been at the receiving end flirted with fresh four-year lows of US$1.21. The yen weakened after Japanese Prime Minister Yukio Hatoyama said he would resign in eight months. The Bank of Canada raised rates and chances are New Zealand would do the same next week.
Tuesday, June 1, 2010
सेन्सेक्स (16572.03) -372.60 अंक गिरकर, नीफ़्टी (4970.20) -116.10 अंक गिरकर, बंद.
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Our sell NIFTY at low 4977, BOOK PARTIAL PROFIT
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Join profit making community...Today!"
hold for 4950 below
nifty sell call..........bang on target
nifty sell call..........bang on target
Monday, May 31, 2010
सेन्सेक्स (16944.63) 81.57 अंक चढ्कर, नीफ़्टी (5086.30) 19.75 अंक चढ्कर, बंद..
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European markets update: CAC Index down 0.3% and DAX Index is trading flat
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India economy grew 8.6% in Jan-March Quarter
Construction rose 8.7%,
Hotels rose 12.4%,
Financing & Real Estate rose 7.9%
RIL : Trading strong at 1044, hold for 1064 & 1100++
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Pre Market Commentary ...
Markets open in May flat to Negative
Overall volatile session today
Sector Watch: Auto, Oil Marketing Co., Fertilizers, Pharma, Power & Infra
Sector Avoid: Cement
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