Corporate Snippets

±  SCI plans to add 62 vessels in the 11th Five Year Plan. (BS)

±  SCI is likely to come out with its follow-on public offer by end-November or early-December. (BS)

±  Agro Tech Foods sold its Rath vanaspati brand to edible oils maker Cargill India for an undisclosed amount. (ET)

±  Sun TV Group promoter Kalanithi Maran plans to take over as chairman of SpiceJet. (ET)

±  Nestle India ties up with the National Diabetes. (ET)

±  Amara Raja Batteries plans to double production capacity with Rs1.05bn investment in the next two years. (ET)

±  The coalition government in the UK confirmed the 10-year contract for administration of the state pension scheme which is valued at Rs40bn to TCS. (ET)

±  Hindalco Industries’ subsidiary, Novelis plans to raise its production capacity by 20% in the next three years. (ET)

±  Coal India is in talks to acquire mines from two US companies. (ET)

±  PTC India to hold 40% stake in the asset management company for India Energy infrastructure Fund while London-based emerging markets asset manager Ashmore would hold the balance 60%. (BS)

±  Sterlite Energy has sought relaxation in special economic zone rules to benefit its power plant in Orissa. (ET)

Pre Market Ideas

BUY and HOLD

TATASTEEL at 606

sl 601

TARGET 611,615

सेन्सेक्स (20156.89)-432.20 अंक गिरकर, नीफ़्टी (6071.65) -122.60 अंक गिरकर, बंद.

TATA MOTOR, buy and hold again revised target 1500 ++

*****

TATA MOTOR, buy and hold again revised target 1500 ++

HFCL: Buy and Hold FOR tht 25 ++++++

5 DAYS CALL

HIMACHALFUT - HFCL

Buy and Hold

TATA MOTOR : TRADING STRONG AT 1290

BUY CALL GIVEN ON MONDAY AT 1189

BOOK PROFIT VASINFRA -166

BOOK PROFIT IN VASINFRA 

- SMS GIVEN TO PAID CLIENTS -

call close with Rs39 profit /share

Major results today:

 Educomp, HPCL, India Cements, 

RPower, RInfra, Tata Power,

Tata Steel and Oil India

Buy and Hold....

RPOWER tgt 210

30days save this message

INTRADAY CALL,

BUY AND HOLD

NAVINFLORO AT 288 

SL-280 

TGT-298,301

Markets likely open in RED

& may volatile

during the session

Pre Market Ideas

morning call,

BUY and HOLD

GEINDSYS at 230

sl 226

target 235,237

Corporate Snippets

SAIL ties up with Switzerland-based CBMM Technology Suisse for research and development of high-end steel items used in the transportation of oil and natural gas. (BS)

NTPC to add ~6,550MW in four southern states by 2017 by investing ~Rs33bn. (BS)

Government is likely to issue bonds to avail of its share of SBI right issue. (ET)

M&M plans to expand its tractor production capacity to over three lakh units in two years.(BL)

HDIL to launch residential projects s[read over 27mn sq. ft. in the next six months. (ET)
 
GMR Infra is likely to sell its 50% stake in InterGen to China Huaneng for close to US$1.5bn. (ET)

Sun Pharma has acquired a further 12% stake, to reach 65%, in Taro Pharmaceuticals,for $82mn (Rs3.6bn). Sun paid $16 per share, ~14% premium to Taro's current market price of $13.75. (BS)
 
Kalanithi Maran and his firm, KAL Airways,have raised their direct holding in low-cost air carrier SpiceJet to 38.66% by purchasing an additional 7.68% stake for Rs1,469mn. (BS)

Parsvnath Developers has bagged 38-acre railway land in a key area of the capital for Rs16.5bn. (ET)

सेन्सेक्स (20589.09)-286.62 अंक गिरकर, नीफ़्टी (6194.25) -81.45 अंक गिरकर, बंद.

Buy and Hold RPOWER ----------sure shot......

BUY and HOLD
RPOWER at 190
target 204,210
 and 240 ++

ABAN & TATA STEEL trading strong in weak market....

BANG ON TARGET

VASINFRA: Buy Call given on Tuesday to paid client at 154.90

NOW TRADING AT 188.50 JUST IN 3 DAYS

NORTHPOLE ROCKS..................

RS.33 profit in just 3 days....

get such sparking call by SMS, join us!!!!

Buy and Hold Maruti for 15% plus returns

Buy & Hold Maruti

for 45 days for 15% plus returns!

Buy & Hold WestCoast Paper at Rs106-107 with SL of Rs102 for Target of Rs114

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Major Results today:

Anant Raj Inds, Apollo Tyres, Bhusan Steel, Cipla, Gujarat NRE Coke, HDIL, Hikal, KRBL, Lanco Infra, MMTC, PSL, Ranbaxy and Shree Cement.

Result Update: Bharat Petroleum Corp (Q2 FY11) – Market Performer

CMP Rs764, Target Rs777, Upside 1.5%

±  Net sales for Q2 FY11 rises 30.8% yoy driven by higher average realizations and government subsidy share of Rs29.4bn

±  Upstream companies shared under recovery burden worth Rs8.2bn in Q2 FY11 v/s Rs8.8bn in 2 FY10

±  Throughput was higher by 12% yoy to 5.6mn tons and market sales were higher by 1.5% to 6.6mn tons

±  Uncertainty over subsidy sharing pattern to continue, keeping the impact of recent reforms limited

Buy and Hold....

COLPAL

BPCL

Markets likely flattish 

to positive

Stock specific stocks 

will in limelight

Pre Market Ideas

ABAN

TATA STEEL

TATA MOTOR

Corporate Snippets

±  Essar Oil lines up Rs17bn for Vadinar Refinery expansion. (ET)

±  Suzlon Energy was forced to pull out from the Attappadi tribal area of Kerala after the government asked it to vacate the land.  (BS)

±  Parsvnath Developers is likely to raise about Rs1bn by selling stake in a housing project to PE firms. (BL)

±  Jindal Saw has bagged orders worth over Rs6bn from domestic and overseas markets for supply of pipes (BL)

±  Tera Software has received a contract worth Rs450mn under the UID project Aadhaar. (BL)

±  Kotak Mahindra Bank today hiked its deposit rates on several maturities by up to 0.25 per cent. (BL)

±  Empee Sugars & Chemicals plans to issue GDRs of up to ~Rs3.5bn. (BS)

सेन्सेक्स (20875.71)-56.77 अंक गिरकर, नीफ़्टी (6283.65) -17.90 अंक गिरकर, बंद.

Buy and Hold ABAN for 15 days... get enrty and exit... join us!!!!!!!!

SURE SHOT, BUY CALL GIVEN AT 855..........................

SEE RATE AFTER 15DAYS..................!!!!!!!!!

SURE SHOT.....

JOIN US!!!!!!!! JOIN PROFIT EARNING COMMUNITY !!!!!!!!!!!

VASINFRA - SMS GIVEN TO PAID CLIENTS yesterday to by at 154.90

BOOKED PROFIT

TODAY AT 170

GET SUCH CALL JOIN US!!

TATA MOTOR trading strong at 1348.90, HOLD FOR TARGET

Result Update: Tata Motors (Q2 FY11) – BUY

Target Rs1,415, Upside 11.4%
 BUY GIVEN ATCMP Rs1,271,

Buy and Hold NEHAINT at 237.90 FOR INTRADAY,

Buy and Hold 

NEHAINT at 237.90

FOR INTRADAY, 

sure shot target at 242

and 247 plus....

INTRADAY CALL,

BUY and HOLD

GSPL

INDIABULLSREAL

SAIL

POWERGRID

Markets likely to volatile during the session

Keep Watch on Stock Specific Stocks

Corporate Snippets

±  The National Bank for Agriculture and Rural Development sanctioned Rs580mn across the state under the Rural Infrastructure Development Fund (RIDF). (BS)

±  The government said it has sought US$3bn assistance from the World Bank for converting 3,770 km of single lane national highways into double lanes. (ET)

±  Remittance flows to developing countries including India is expected to reach US$325bn by the end of this year and is likely to exceed to US$370bn in two years' time, the World Bank says. (ET)

±  Mining entities would have to share 26 per cent of their profits earned from mining operations with the affected local population in a mining area, as part of a new legislation. (BL)

±  The Railways is planning to spend around Rs2bn for the development of infrastructure in and around Mangalore. (BL)

±  Tea exports from India increased by 5% during the January-September period of the current year to 143.5mn kg. (ET)

Pre Market Ideas

MORNING CALL,

BUY and HOLD

TATAMOTOR at 1270

sl 1261

TARGET 1289,1291

सेन्सेक्स (20932.48) 80.10 अंक चढ्कर, नीफ़्टी (6301.55) 28.35 अंक चढ्कर, बंद..

NEHAINT: trading very strong at 225.70,

HOLD FOR 3 DAYS

DELIVERY FOR

233 AND 255 PLUS 

must buy call

HOT CALL, NEHAINT at 217.40 Target 233 & 255 plus

TRADING STRONG

SAIL; Mahurat buy call trading strong at 197, hold for target

HOLD, TRADING Strong

TATA MOTOR trading strong at 1269.90, HOLD FOR TARGET

RESULT TODAY

Buy Financial Tech at Rs1072 with SL of Rs1064 for target of Rs1090

Pri Market Commentary ..

The Fed has barely started its QE2 campaign and commodity prices are already buzzing with gold crossing $1,400 an ounce and crude trading at a two-year peak. Other commodities too are gaining strength. The dollar recovered, but at the cost of the euro. The common currency came under pressure amid renewed sovereign debt worries.

The war of words continues over currency and trade imbalances ahead of the G-20 summit. US president Obama joined the chorus even as China expressed its displeasure on the latest Fed move.

The principle downward trend of the dollar has not changed. That means risky assets and emerging markets will continue to attract a good chunk of the global flows.

India is no exception. And, with a spate of big-ticket issues lined up, the dollar deluge will persist. Today, we expect a subdued start owing to indecisive global cues. So, the bulls may have to wait a while before lifting the indices to record highs.

Corporate Snippets

±      India and the US are working to jointly set up a US$10bn infrastructure debt fund to finance large road, port and railway projects through public-private partnership. (BS)

±      The government has disbursed agricultural credit of Rs897bn in the quarter ended June — 24% of the target of Rs3.8tn for the financial year. (BS)

±      The Reserve Bank of India has called for ‘clear demarcation’ of responsibilities of various regulatory authorities, even after the government settled for a watered-down version of the proposed Financial Stability and Development Council (FSDC) following its objections. (BS)

±      The state steel and mines department has targeted to renew 150 cases within the next 12 months. (BS)

±       CAG (The Comptroller and Auditor General of India) submits report on 2G auction to finance ministry. (FE)

±      Titan set to add 100 stores in three years. (FE)

±      Timex plans to bring in more luxury brands to India. (FE)

±      Coal India will enter MSCI indices, including the MSCI India, from November 22. (BS)

±       The Company Law Board has allowed IL&FS-owned Maytas Infra to induct on its board four nominees of Saudi Arabia-based real estate company Saudi Bin Ladin Group. (BS)

Pre Market Ideas

BUY TATA MOTORS

BUY TATA STEEL

सेन्सेक्स (20852.38)-152.58 अंक गिरकर, नीफ़्टी (6273.20) -39.25 अंक गिरकर, बंद.

Target achieved in Tata Steel given on Friday Nov 4

BOOK PROFIT

Buy and Hold SAIL for 45days

NEW YEAR CALL

Happy New Year and Happy Investing!

Buy and Hold 

 Onmobile

5 DAYS CALL

Corporate Snippets

±  Coal India plans to strike a JV with Shipping Corp.of India in next two months; proposed 50:50 venture is scheduled to offer end-to-end logistics solution to former’s thermal coal import programme. (BL)

±  Reliance Power has signed a MoU with the US Exim Bank whereby the latter will make available up to US$5bn to support the purchase of US goods and services over the next three years. (BL)

±  Coal India bids for participatory stake in a thermal coal producing asset in Colombia. (BL)

±  United Phosphorus plans to invest Rs10bn for acquisitions by the end of current fiscal. (ET)

±  Vodafone-Essar has decided to unlock value by demerging its tower business and selling it off to an independent tower company. (FE)

±  Essar Group has won the bid for the 1mn tonne Zimbabwe Iron and Steel Company. (DNA)

±  GVK Energy is close to sealing a private equity deal where 3i India Infrastructure Fund will invest around Rs12bn in it. (BS)

±  Essar Energy of Mauritius plans to buy 60% of Zimbabwe Iron and Steel. (ET)

Market Commentary ..

Today, the festive spirit may linger on as far as the Indian market is concerned. The main indices saw new closing highs last week and the stage is set for them to register all-time intra-day highs this week. It could happen today itself given the upbeat sentiment underpinned by a robust economy, solid earnings growth and record FII inflows.

All said and done, valuations are getting a wee bit pricey. Therefore, one ought to be a little cautious and not get too carried away by headline-grabbing index levels.

The latest monetary easing by the Federal Reserve, coupled with a slew of public issues will lift the overseas inflows further. Coal India’s blockbuster listing and Obama’s visit have added to the feel-good factor.

Inflation too seems to be softening though it is still quite high. The RBI has hinted at a pause after six consecutive rate increases. All these factors put together point to continuation of the positive trend in the short to medium term.

Happy New Year and Happy Investing!

We wish YOU,

 Shanti,
Shakti,
Sampati,
Swarup,
Saiyam,
Saadgi,
Safalta,
Samridhi,
Sanskar,
Swaasth,
Sanmaan,
Saraswati,
aur SNEH.
SHUBH DIWALI...

NORTHPOLE TEAM

सेन्सेक्स (21004.96) 111.39 अंक चढ्कर, नीफ़्टी (6312.43) 30.65 अंक चढ्कर, बंद..

INTRADAY CALL,

BUY and HOLD

ABAN at 829

TARGET 837,843,849

Sensex may  

cross 21000 marks

Fireworks likely during

Diwali Muhurat Trading

All Eyes on Muhurat Trading

On the Occasion of Diwali (Laxmi Poojan),

Muhurat Trading Session will be conducted on 5^th Nov. 2010

As per below Schedule

Muhurat Trading Session

Mahurat Posting: Buy SAIL at 194.90 TARGET 240 & 294 plus

Happy DIWALI, 

HAPPY TRADING

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Join profit making community...Today!"

सेन्सेक्स (20893.57) 427.83 अंक चढ्कर, नीफ़्टी (6281.80) 121.30 अंक चढ्कर, बंद..

Happy Diwali and Happy Investing! - Diwali Dhamaka!!!

GET SURE SHOT, EVERYDAY BY SMS

Just Pay Rs 3500 for 1 Month 
[sms "ONE" to 09825677777]
SPECIAL DIWALI SCHEME

JUST PAY 2500 

FOR 2MONTHS

for payment detail click here..

Or call 098256 77777 for other details.
" Join profit making community...Today! "

Reliance Industries : at 1101, OUR TARGET 1150 ++

NO JAI NO VIRU, ONLY DHIRU.

BUY IN MAHURAT TRADING

AS MUCH AS YOU CAN

BUY RELIANCE 

TARGET 1250

NEXT DIWALI

Platinum call:

 Buy & hold Essar Oil at Rs158.50 with SL of Rs153 for target of Rs170

Indices as at 11.30 am (1) HANG SENG 24429.41 (284.74) (2) INR US $ 44.32 (-0.04)

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Muhurat Trading 05 NOV 2010

The  ‘Muhurat Trading’ session is:

Market Opens - 6:15 p.m.

Market Closes - 7:00 p.m.

Post Closing for NSE starts - 7:20 p.m.

Post Closing for NSE ends - 7:30 p.m.

Post Closing for BSE starts - 7:10 p.m.

Post Closing for BSE ends - 7:30 p.m.

bannnnnnggggggggggggggggg. on tgt

  Target achieved
BOOK PROFIT
BGRENERGY at 811

Market Commentary ..

Overall, the trend for the day appears bright. Investors are likely to get wealthier and prosperous on the eve of Diwali. We expect 6130 to be the near-term support while resistance is seen around 6230.

The world has received another large dose of liquidity from the Federal Reserve as it tries to jolt its economy out of a deep slumber. At US$600bn for the next eight months, the size what is called “QE2” is more or less in line with estimates. The big question is will it boost the US economy?

US stocks oscillated just before and after the Fed move before ending higher. European stocks slipped. Most of Asian benchmarks are up this morning.

We are looking market to be positive in Diwali . Of course, Coal India is set for a big bang listing, which is expected 450 plus till next Diwali.


Northpole Team

Morning Call : BGR ENERGY target achieved at 817,

BOOK PROFIT

Buy and HOLD TATA STEEL

Buy and Hold for 15% plus returns
get levels join us!!!!!!!!!

Happy Diwali and Happy Investing!

: COALINDIA : 

WONDERFUL LISTING, 

TRADING 34% UP AT 330++

one year target 450 ++

TODAY LISTING

Coal India

IPO Listing Today

BSE Code: 533278

INTRADAY CALL,

BUY and HOLD

ABG SHIPYARD

CESC

JAINIRRGATION

Pre Market Ideas

MORNING CALL,

BUY and HOLD

BGRENERGY at 798

sl 792

TARGET 808,809

Corporate Snippets

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सेन्सेक्स (20465.74) 120.05 अंक चढ्कर, नीफ़्टी (6160.50) 41.50 अंक चढ्कर, बंद..

MORNING CALL, ULTRACEMCO : BOOK PROFIT AT 1141

target achived,
book profit

AMBUJA CEMENT : target achieved, at 151 BOOK PROFIT

BOOK PROFIT

OUR DELIVARY CALL, INDIAINFOLINE target achieved at 124

Delivery call, target achieved
BOOK PROFIT
INDIAINFO

Market outlook

may positive during 

the session

Sector Watch:

Cement, Jems & Jewellery

INTRADAY CALL,

INTRADAY CALL,

BUY and HOLD

AMBUJACEMENT at 148

sl 145

TARGET 150,151

Pre Market Ideas

mornincall,

BUY and HOLD

ULTRATECH CEMENT at 1121

sl 1111

TARGET 1141,1151

Corporate Snippets

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सेन्सेक्स (20345.69)-09.94 अंक गिरकर, नीफ़्टी (6119.00) 01.45 अंक गिरकर, बंद.

European markets open flat

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DELIVARY CALL,

BUY and HOLD

INOXLEISUR

FOR5 DAYS ONLY

get SMS for levels join us.......................................

RBI says relatively low chance of rate actions in near future
 India raises reverse repo rate by 25 bps and repo rate by 25bps
MTNL gets Rs794cr refund from IT Department - reports

EROSMEDIA: our first target achieved at 94.50 ..

BANG ON TARGET,

EROSMEDIA: at 94.50

HOLD FOR NEXT TARGET

SMS TO ONLY PAID CLIENTS

Economy Headlines ..

±  SEZ exports grew by 56% during April to September 2010(ET)

±  Trade deficit narrowed to US$9bn in September, as the pace of growth of imports slowed. (BS)

±  Exports grew 23% yoy to touch a two-year high of US$18bn in September. Imports grew at a faster pace of 26.1% to US$27bn. (BS)

±  The Petroleum Minister has ruled out dual pricing of diesel. (BL)

±  Sugar output estimate raised to 24.5mt (ET)

±  Employees in the organised sector could get free insurance cover of upto Rs0.65mn from the next financial year under a scheme run by the government’s retirement fund manager(ET)

Market Commentary ..

Monday’s gains are unlikely to rollover at least at start though the overall undertone remains cautiously optimistic. Strong earnings from a few index bellwethers have lifted the mood of late. So, corporate results will continue to drive the sentiment.

The RBI is likely to hike policy rates for the sixth time in a bid to contain high inflation. But, since the markets are prepared for the move, it may not have a material impact. What the RBI officials say will be followed closely.

US mid-term elections are scheduled for Tuesday and could change the balance of power in Washington. The two-day FOMC meet also starts today but the outcome will be available only on Wednesday.

Coal India listing is slated for Thursday before the Diwali holiday. As usual, there will be ‘Mahurat Trading’ on Friday. If all goes well, the main indices could head higher. The Nifty is likely to find support in the 5950-6100 zone; resistance is expected between 6200 and 6300.

Wish you all Happy trading and profitable year ahead.

Northpole team. 

BUY and HOLD

EMAMI

APOLLOHOSPITAL

CIPLA

Market likely to volatile 

during the session

Mid-Small cap stocks

may in limelight

Sector Watch:

Auto Ancillaries, Pharma Stocks

INTRADAY CALL,

BUY and HOLD

TATACOFFEE at 614

sl 606

TARGET 618,622

Pre Market Ideas

MORNING CALL,

BUY and HOLD

HIND ZINC at 1272

sl 1260

TARGET 1288,1301

Corporate Snippets

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सेन्सेक्स (20355.63) 323.29 अंक चढ्कर, नीफ़्टी (6117.55) 99.85 अंक चढ्कर, बंद..

European market update: FTSE index up 0.5%, CAC index up 0.6%, DAX index up 0.6%

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ONGCs Chairman suggests stock split in the stock

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Indian railways to increase iron ore freight rate by 13% - reports; negative impact on Sesa Goa

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BANG ON TARGET

  TARGET ACHIVED
ADANIENT at 734
BOOK PROFIT

DELIVARY CALL,

BUY and HOLD

RELIACE at 1108

sl 1100

TARGET 1151,1155

HOLD FOR 5 DAYS

Markets to open in RED 

 & Likely to volatile

Keep Stock specific approach

Sector Watch:

Auto, Realty, fertilizer
& Pharma

INTRADAY CALL,

BUY and HOLD
NIFTY

ESSAROIL

RELIANCE

SESAGOA 

ONGC

Pre Market Ideas

morning call,

BUY and HOLD

ADANIENT at 704

sl 700

TARGET 711,714

Corporate Snippets

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