GAIL BONUS ANNOUCEMENT MAY COME SHORTLY...
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Buy GAIL at 425 target 500++ 575 one monnth
SURE SHOT ...
Buy & hold RPL 220 Target 400 sl 188
Buy & hold GMR Infra at Rs250 with SL of Rs244 and target of Rs262, 265
Buy & hold J K Cement 226 target 350 12 months
Buy & hold Cummins at Rs425 with SL of Rs419 and target of Rs439, 443
Buy Mcdowel cmp 1937 with sl 1910 and target 1985, 2015
Buy Jindal Steel & Power at Rs13300 with SL of Rs12700
and target of Rs14000 -14500 in 4-5 Days
Buy DLF at Rs927 with SL of Rs900 and target of Rs960-970 in 3-4 Days
Our delivery call of ICSA is going strong at Rs392, up by over 10%. Investors can buy the stock for price target of Rs451.
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Friday, November 30, 2007
GDP number could cause slumber
Intra-day Stock Ideas
Nifty (5635) Sup 5564 Res 5730
Buy Bombay Dyeing (688) SL 682 Target 700, 703
Buy GMR Infra (247) SL 242 Target 256, 259
Buy Tata Motors (722) SL 715 Target 734, 738
Sell Cairn (204) SL 208
Target 196, 194
Sell Lupin (526) SL 531
Target 518, 515
Bulls pray for December delight
Nifty (5635) Sup 5564 Res 5730
Buy Bombay Dyeing (688) SL 682 Target 700, 703
Buy GMR Infra (247) SL 242 Target 256, 259
Buy Tata Motors (722) SL 715 Target 734, 738
Sell Cairn (204) SL 208
Target 196, 194
Sell Lupin (526) SL 531
Target 518, 515
Bulls pray for December delight
Thursday, November 29, 2007
Our Short Term Calls... Strong Calls...
Buy Century Textile Rs1150 sL of Rs1130
Target of Rs1195, 1199 in 1-2 days
Buy HDFC Rs2765 with SL of Rs2740
Target of Rs2840, 2850 in 2-3 days
Buy wipro cmp 459.5 with a sl of Rs 454 target 470 and 473
Buy Mphasis Cmp 284 With a sl of 280 and tgt of Rs292 - 296
Our Sure Shot: going Strong...
Our delivery call of ICSA is going strong at Rs357,
up by over 8%. Investors can buy the stock for price target of Rs451.
Call For Futures Traders :
Buy Petronet Dec futures @ 104.65 Stop-Loss @ 103.90 Tgt 107.20
Call For Futures Traders :
Buy Bajaj Hind Dec futures @ 204.50 Stop-Loss @ 203.00 Tgt 208.50
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Target of Rs1195, 1199 in 1-2 days
Buy HDFC Rs2765 with SL of Rs2740
Target of Rs2840, 2850 in 2-3 days
Buy wipro cmp 459.5 with a sl of Rs 454 target 470 and 473
Buy Mphasis Cmp 284 With a sl of 280 and tgt of Rs292 - 296
Our Sure Shot: going Strong...
Our delivery call of ICSA is going strong at Rs357,
up by over 8%. Investors can buy the stock for price target of Rs451.
Call For Futures Traders :
Buy Petronet Dec futures @ 104.65 Stop-Loss @ 103.90 Tgt 107.20
Call For Futures Traders :
Buy Bajaj Hind Dec futures @ 204.50 Stop-Loss @ 203.00 Tgt 208.50
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Winter winds…will bears go into hibernation?
Intra-day Stock Ideas
Nifty (5618) Sup 5564 Res 5742
Buy Sun TV (344)
SL 339 Target 352, 355
Buy Patni (318)
SL 313
Target 328, 330
Buy Sintex Ind (452)
SL 447 Target 462, 465
Buy LITL (488) SL 483
Target 499, 502
Sell Bharat Forge (327)
SL 332 Target 317, 315
Nifty (5618) Sup 5564 Res 5742
Buy Sun TV (344)
SL 339 Target 352, 355
Buy Patni (318)
SL 313
Target 328, 330
Buy Sintex Ind (452)
SL 447 Target 462, 465
Buy LITL (488) SL 483
Target 499, 502
Sell Bharat Forge (327)
SL 332 Target 317, 315
Wednesday, November 28, 2007
Wild Wednesday in store
Intra-day Stock Ideas
Nifty (5698) SL 5609 Res 5795
Buy IDBI (169) SL 165
Target 176, 179
Buy IDFC (209) SL 205
Target 217, 219
Buy CEAT (196) SL 192
Target 204, 206
Buy Chennai Petro (408) SL 403 Target 417, 420
Sell IVRCL Infra (477) SL 482 Target 469, 466
Advisory Call: For Long Term Investors, we are recommending – BUY / HOLD / ACCUMULATE – AMTEK INDIA LTD. at CMP Rs.160 with a target price of Rs.195 (12 months).
iNTRADAY FO CALLS:
Call For Futures Traders :
Buy JP Associate Nov futures @ 1795.00 Stop-Loss @ 1784.50 Tgt 1825.30
Call For Futures Traders :
Buy Kotak Bank Nov futures @ 1162.00 Stop-Loss @ 1155.00 Tgt 1180.50
bUY Arvind Mill : may cross Rs122 next month
Our Sure shot is HCC BUY AT 205 TGT 215,225
Nifty (5698) SL 5609 Res 5795
Buy IDBI (169) SL 165
Target 176, 179
Buy IDFC (209) SL 205
Target 217, 219
Buy CEAT (196) SL 192
Target 204, 206
Buy Chennai Petro (408) SL 403 Target 417, 420
Sell IVRCL Infra (477) SL 482 Target 469, 466
Advisory Call: For Long Term Investors, we are recommending – BUY / HOLD / ACCUMULATE – AMTEK INDIA LTD. at CMP Rs.160 with a target price of Rs.195 (12 months).
iNTRADAY FO CALLS:
Call For Futures Traders :
Buy JP Associate Nov futures @ 1795.00 Stop-Loss @ 1784.50 Tgt 1825.30
Call For Futures Traders :
Buy Kotak Bank Nov futures @ 1162.00 Stop-Loss @ 1155.00 Tgt 1180.50
bUY Arvind Mill : may cross Rs122 next month
Our Sure shot is HCC BUY AT 205 TGT 215,225
Tuesday, November 27, 2007
Tuesday’s Twist and Shout!
Nifty (5732) Sup 5675 Res 5795
Buy Parsvnath (347)
SL 342 Target 356, 359
Buy Voltas (236)
SL 232 Target 244, 246
Buy DLF (892)
SL 885 Target 906, 910
Sell Tata Chem (307)
SL 312 Target 299, 296
Sell Wockhardt (398)
SL 403 Target 390, 388
www.northpolemoney.com
www.northpolemoney.blogspot.com
Buy Parsvnath (347)
SL 342 Target 356, 359
Buy Voltas (236)
SL 232 Target 244, 246
Buy DLF (892)
SL 885 Target 906, 910
Sell Tata Chem (307)
SL 312 Target 299, 296
Sell Wockhardt (398)
SL 403 Target 390, 388
www.northpolemoney.com
www.northpolemoney.blogspot.com
Monday, November 26, 2007
Bulls look to continue momentum!
Intra-day Stock Ideas
Nifty (5609) Sup 5525 Res 5741
Buy GMR Infra (244)
SL 239 Tgt 252, 255
Buy DLF (869)
SL 863 Tgt 884, 888
Buy Hero Honda (715)
SL 709 Tgt 726, 730
Sell Corp Bank (419)
SL 424 Tgt 409, 406
Sell Dishman Pharma (266)
SL 270 Tgt 258, 256
Nifty (5609) Sup 5525 Res 5741
Buy GMR Infra (244)
SL 239 Tgt 252, 255
Buy DLF (869)
SL 863 Tgt 884, 888
Buy Hero Honda (715)
SL 709 Tgt 726, 730
Sell Corp Bank (419)
SL 424 Tgt 409, 406
Sell Dishman Pharma (266)
SL 270 Tgt 258, 256
Wednesday, November 21, 2007
Soft open likely; nothing predictable
Intra-day Stock Ideas
Nifty (5781) Sup 5714 Res 5845
Sell Nalco (372)
SL 377 Target 364, 361
Sell Tata Chem (312)
SL 317 Target 304, 301
Sell Amtek Auto (436)
SL 441 Target 424, 421
Buy Voltas (211)
SL 207 Target 221, 225
Buy Kotak Bk (1140)
SL 1128 Target 1170, 1175
Nifty (5781) Sup 5714 Res 5845
Sell Nalco (372)
SL 377 Target 364, 361
Sell Tata Chem (312)
SL 317 Target 304, 301
Sell Amtek Auto (436)
SL 441 Target 424, 421
Buy Voltas (211)
SL 207 Target 221, 225
Buy Kotak Bk (1140)
SL 1128 Target 1170, 1175
Tuesday, November 20, 2007
Our Short term Deliver Calls going Strong
Buy Bajaj Hind at 214 t-236,310 sl-200 2months
Buy HCC AT 210 T-300 SL-200 2months
Buy OBC AT 260 T 310 SL-220 2MONTHS
Buy RIL AT CMP T 3300 2 MONTHS
BUY MINDA AT 219 T 350 1 MONTHS
Buy ICSA CMP Rs322, Target Rs451, 2 MONTHS
SURE SHOT MUST BUY
DAILY VIST AT NORTHPOLEMONEY DOT BLOGSPOT DOT COM
Buy HCC AT 210 T-300 SL-200 2months
Buy OBC AT 260 T 310 SL-220 2MONTHS
Buy RIL AT CMP T 3300 2 MONTHS
BUY MINDA AT 219 T 350 1 MONTHS
Buy ICSA CMP Rs322, Target Rs451, 2 MONTHS
SURE SHOT MUST BUY
DAILY VIST AT NORTHPOLEMONEY DOT BLOGSPOT DOT COM
Market to remain sideways!
Intra-day Stock Ideas
Nifty (5908) Sup 5829 Res 5949
Sell IVRCL Infra (508)
SL 513 Target 498, 495
Sell Wipro (457)
SL 462 Target 448, 446
Sell Ranbaxy (416)
SL 421 Target 408, 405
Buy Zee (319)
SL 314 Target 328, 330
Buy Punj Lloyd (517)
SL 512 Target 527, 530
Nifty (5908) Sup 5829 Res 5949
Sell IVRCL Infra (508)
SL 513 Target 498, 495
Sell Wipro (457)
SL 462 Target 448, 446
Sell Ranbaxy (416)
SL 421 Target 408, 405
Buy Zee (319)
SL 314 Target 328, 330
Buy Punj Lloyd (517)
SL 512 Target 527, 530
Friday, November 16, 2007
Choppiness to prevail!
Earning season for no reason!
Love without reason lasts the longest.
Intra-day Stock Ideas
Nifty (5912) Sup 5843 Res 5957
Buy NDTV (365) SL 360
Target 373, 375
Buy Nagarjuna Const (297) SL 292 Target 305, 307
Sell Tata Tea (764) SL 771 Target 751, 749
Sell M&M (719) SL 726
Target 706, 703
Sell Auro Pharma (526) SL 532 Target 515, 512
Love without reason lasts the longest.
Intra-day Stock Ideas
Nifty (5912) Sup 5843 Res 5957
Buy NDTV (365) SL 360
Target 373, 375
Buy Nagarjuna Const (297) SL 292 Target 305, 307
Sell Tata Tea (764) SL 771 Target 751, 749
Sell M&M (719) SL 726
Target 706, 703
Sell Auro Pharma (526) SL 532 Target 515, 512
Monday, November 5, 2007
Crackers and celebrations
Intra-day Stock Ideas
Nifty (5932) Sup 5860 Res 5993
Buy CESC (587) SL 581
Target 598, 602
Buy ICICI Bank (1333) SL1320 Target 1362, 1367
Buy Sterlite (1032) SL 1022 Target 1058, 1065
Sell M&M (755) SL 761
Target 744, 740
Sell Tata Chem (315) SL 320 Target 307, 304
Nifty (5932) Sup 5860 Res 5993
Buy CESC (587) SL 581
Target 598, 602
Buy ICICI Bank (1333) SL1320 Target 1362, 1367
Buy Sterlite (1032) SL 1022 Target 1058, 1065
Sell M&M (755) SL 761
Target 744, 740
Sell Tata Chem (315) SL 320 Target 307, 304
Friday, October 26, 2007
Gardener trims hedges, bulls and bears sit on swing
Stocks in News:
- Bajaj Auto will lead the three-way global alliance with Renault-Nissan for the US$3,000 small car project.
- Reliance Retail launches its first wellness store in Hyderabad.
- Genpact beats Firstsource to bag Citigroups’ captive BPO operations.
- Goldman Sachs and Macquarie to buy 40% equity in PTC Financial Services, the investment arm of PTC India.
- Hindujas plan to sell 10% of its equity holding in Ennore Foundries.
- GMR Infra to bid for airport projects in East Europe.
- Wockhardt to launch Asia’s first recombinant human insulin- Wosulin in US and Europe.
- RPG group plans for a major restructuring and reorientation of operations with Rs150bn infusion.
- NTPC plans to acquire overseas coal mines to meet demand.
- GAIL plans to foray into gas pipeline construction business.
- Gujarat State Fertilizers and Chemicals has set a capex of Rs5bn.
- BEML has bagged Rs11.4bn contract from Delhi Metro Rail Corporation.
- Government set to ask companies to issue shares to foreign investors within a fixed period.
- DoT unlikely to allocate 1900MHz in 3G play to CDMA players in the near term.
- Government seeks 50% cut in bound rates on industrial goods.
- The Group of Ministers have finalized the proposed Rs7.3bn crop insurance scheme for tea, rubber, tobacco and spices.
- Planning Commission proposes to set up a National Electricity fund to enable generate resources for improving the power distribution network in the country.
- The Model Production Sharing Contract has incorporated the Empowered Group of Ministers (EGom) recommendation on gas pricing in its seventh round of the NELP.
Kalpesh Patel
- Bajaj Auto will lead the three-way global alliance with Renault-Nissan for the US$3,000 small car project.
- Reliance Retail launches its first wellness store in Hyderabad.
- Genpact beats Firstsource to bag Citigroups’ captive BPO operations.
- Goldman Sachs and Macquarie to buy 40% equity in PTC Financial Services, the investment arm of PTC India.
- Hindujas plan to sell 10% of its equity holding in Ennore Foundries.
- GMR Infra to bid for airport projects in East Europe.
- Wockhardt to launch Asia’s first recombinant human insulin- Wosulin in US and Europe.
- RPG group plans for a major restructuring and reorientation of operations with Rs150bn infusion.
- NTPC plans to acquire overseas coal mines to meet demand.
- GAIL plans to foray into gas pipeline construction business.
- Gujarat State Fertilizers and Chemicals has set a capex of Rs5bn.
- BEML has bagged Rs11.4bn contract from Delhi Metro Rail Corporation.
- Government set to ask companies to issue shares to foreign investors within a fixed period.
- DoT unlikely to allocate 1900MHz in 3G play to CDMA players in the near term.
- Government seeks 50% cut in bound rates on industrial goods.
- The Group of Ministers have finalized the proposed Rs7.3bn crop insurance scheme for tea, rubber, tobacco and spices.
- Planning Commission proposes to set up a National Electricity fund to enable generate resources for improving the power distribution network in the country.
- The Model Production Sharing Contract has incorporated the Empowered Group of Ministers (EGom) recommendation on gas pricing in its seventh round of the NELP.
Kalpesh Patel
Monday, October 22, 2007
October opportunity, buy for next Diwali ...
Worries galore for bulls!
Intra-day Stock Ideas
Considering the uncertainty and confusion surrounding the whole P-Note issue and given the subsequent volatility in the market, we refrain from giving intra-day trading calls for the time being. We will continue to monitor the situation and shall take a call on resuming the service accordingly. Please bear with us.
CALLS FOR LONG TERM HOLD UPTO ONE YEAR
October opportunity, buy for next Diwali ...
BUY REL AT RS.1200-1350
TARGER 1800
BUY LT AT 2800-3050
TARGET 3800
BUY RELCAPITAL AT 1490-1525
TARGET 2000
BUY RELIANCE AT 2390-2450
TARGET 3100
BUY RPL AT 159-163
TARGER 210
Thanks & Regards.
Happy Diwali....to Honrable FM
Intra-day Stock Ideas
Considering the uncertainty and confusion surrounding the whole P-Note issue and given the subsequent volatility in the market, we refrain from giving intra-day trading calls for the time being. We will continue to monitor the situation and shall take a call on resuming the service accordingly. Please bear with us.
CALLS FOR LONG TERM HOLD UPTO ONE YEAR
October opportunity, buy for next Diwali ...
BUY REL AT RS.1200-1350
TARGER 1800
BUY LT AT 2800-3050
TARGET 3800
BUY RELCAPITAL AT 1490-1525
TARGET 2000
BUY RELIANCE AT 2390-2450
TARGET 3100
BUY RPL AT 159-163
TARGER 210
Thanks & Regards.
Happy Diwali....to Honrable FM
Wednesday, October 17, 2007
Wednesday woes...Bears check in- Wait and watch
The SEBI discussion paper coupled with global weakness will see a sharp fall at start. Therefore, we are avoiding any calls before the bell.
Wait for attractive levels and pick up stocks for the medium to long term. And in case of a sharp bounce back in the coming days, no harm in booking profits.
It’s set to be One Fine Day for the bears who have all it takes for things to go their way. Liquidity may see a pipe burst as SEBI’s paper suggests foreign institutional investors may not be allowed to issue or renew offshore derivative instruments. In fact they may be required to extinguish existing participatory notes in 18 months. The regulator has sought a response to proposals by Oct. 20.
The rupee is set to fall from near a 9 1/2-year high. Who knows, the optimists may look at some IT counters at lower levels.
Federal Reserve Chairman Ben Bernanke warned in a speech that weakness in the housing market would likely drag on growth through early next year. Federal Reserve Chairman Ben Bernanke said the central bank's rate cut in September has shown signs of success, but cautioned that lenders and investors must bear responsibility for financial decisions that caused the subprime mortgage meltdown.
The Nasdaq and Dow are down less than a percent.
Among the Indian ADR’s, HDFC Bank was the major loser, it fell by over 10%. Others like ICICI Bank, Satyam Computer, Sterlite Industtries and Patni Computers declined over 5% each.
Japanese stocks slipped after Wells Fargo & Co. said it lost almost $900 million on home equity and consumer loans, renewing concern the U.S. subprime mortgage crisis will reduce earnings at financial companies.
Sun Pharma receives receipt of covenant on generic Effexor XR ANDA
Volatility to continue!
Volatility was back on the bourses as markets closed on a flat note. Alternate bouts of buying and selling often tossed the key indices in positive and negative terrain. However, after hitting a low of 18,777, benchmark Sensex recovered over 250 points to end almost unchanged.
Wait for attractive levels and pick up stocks for the medium to long term. And in case of a sharp bounce back in the coming days, no harm in booking profits.
It’s set to be One Fine Day for the bears who have all it takes for things to go their way. Liquidity may see a pipe burst as SEBI’s paper suggests foreign institutional investors may not be allowed to issue or renew offshore derivative instruments. In fact they may be required to extinguish existing participatory notes in 18 months. The regulator has sought a response to proposals by Oct. 20.
The rupee is set to fall from near a 9 1/2-year high. Who knows, the optimists may look at some IT counters at lower levels.
Federal Reserve Chairman Ben Bernanke warned in a speech that weakness in the housing market would likely drag on growth through early next year. Federal Reserve Chairman Ben Bernanke said the central bank's rate cut in September has shown signs of success, but cautioned that lenders and investors must bear responsibility for financial decisions that caused the subprime mortgage meltdown.
The Nasdaq and Dow are down less than a percent.
Among the Indian ADR’s, HDFC Bank was the major loser, it fell by over 10%. Others like ICICI Bank, Satyam Computer, Sterlite Industtries and Patni Computers declined over 5% each.
Japanese stocks slipped after Wells Fargo & Co. said it lost almost $900 million on home equity and consumer loans, renewing concern the U.S. subprime mortgage crisis will reduce earnings at financial companies.
Sun Pharma receives receipt of covenant on generic Effexor XR ANDA
Volatility to continue!
Volatility was back on the bourses as markets closed on a flat note. Alternate bouts of buying and selling often tossed the key indices in positive and negative terrain. However, after hitting a low of 18,777, benchmark Sensex recovered over 250 points to end almost unchanged.
Tuesday, October 16, 2007
Life after 19k -Staying Alive- morning song for bears
Life after 19k -Staying Alive- morning song for bears
Intra-day Stock Ideas
Nifty (5670) Sup 5539 Res 5802
Buy HDIL (765) SL 759
Target 777, 780
Buy CESC (575) SL 570
Target 585, 587
Buy MTNL (168) SL 164
Target 174, 176
Sell Patni (470) SL 475
Target 460, 458
Sell IOC (450) SL 455
Target 441, 439
The bulls sure don’t want hell in the markets. They may just give the bears a few moments of fame. No amount of warnings seem to stop the bulls. The Finance Minister's cautionary words or the bomb hoax are dismissed too easily thanks to liquidity. Today, we see a slightly lower opening given the declines in the US and Asian markets. But, powered by the strong undercurrent, the bulls are most likely to fight back if not today, expect them tomorrow.
The bears have been thrashed like the Aussie cricket has done to our men in blue. There may be an odd day when the bulls might want to take their foot off the accelerator. But, on the whole the rally is here to stay and the pace of it will keep on surprising the most experienced of the market pundits.
Of course, the relentless advance over the past couple of months or so has been fueled by non-stop inflow of foreign capital money. This trend looks set to continue for a while before there is some cooling. Backed by the strong outlook on the Indian economy, good momentum in corporate earnings growth and reduced concern on the political front, the key indices will continue to break new grounds and conquer new frontiers.
Trade safe
Happy selling
reg
Kalpesh Patel
Intra-day Stock Ideas
Nifty (5670) Sup 5539 Res 5802
Buy HDIL (765) SL 759
Target 777, 780
Buy CESC (575) SL 570
Target 585, 587
Buy MTNL (168) SL 164
Target 174, 176
Sell Patni (470) SL 475
Target 460, 458
Sell IOC (450) SL 455
Target 441, 439
The bulls sure don’t want hell in the markets. They may just give the bears a few moments of fame. No amount of warnings seem to stop the bulls. The Finance Minister's cautionary words or the bomb hoax are dismissed too easily thanks to liquidity. Today, we see a slightly lower opening given the declines in the US and Asian markets. But, powered by the strong undercurrent, the bulls are most likely to fight back if not today, expect them tomorrow.
The bears have been thrashed like the Aussie cricket has done to our men in blue. There may be an odd day when the bulls might want to take their foot off the accelerator. But, on the whole the rally is here to stay and the pace of it will keep on surprising the most experienced of the market pundits.
Of course, the relentless advance over the past couple of months or so has been fueled by non-stop inflow of foreign capital money. This trend looks set to continue for a while before there is some cooling. Backed by the strong outlook on the Indian economy, good momentum in corporate earnings growth and reduced concern on the political front, the key indices will continue to break new grounds and conquer new frontiers.
Trade safe
Happy selling
reg
Kalpesh Patel
Monday, October 15, 2007
Market to be choppy -be carefull book profits..
Market to be choppy -be carefull book profits..
for HAPPY DIWALI....
Nifty (5428) Sup 5329 Res 5466
Buy Hero Honda (756) SL 750 Target 769, 772
Buy Bharat Forge (290) SL 285 Target 299, 301
Buy ACC (1251) SL 1238
Target 1278, 1283
Sell NDTV (365) SL 370
Target 357, 355
Sell Cummins (428) SL 433 Target 420, 418
Bulls and bears set to battle
After Friday’s fall, the bulls may have rested over the weekend hoping it was just an aberration. Bears too got an opportunity and are unlikely to easily give in to the bulls in the coming week. For the day, we see a positive opening on the back of encouraging signals from the US market as well as rest of the world. But the current choppiness is here to stay. Reliance may have not announced a split/bonus as many market participants would have wanted to. But, the results day may spring some surprise. So watch that counter closely. Also keep an eye on RCOM, as the company is likely to make a slew of announcements.
What remains to be seen now is whether the bulls will resume their shopping spree this week as the pace of the result announcements accelerates. As has been the case over the course of the past two months or so, much will hinge on the liquidity factor. As long as the FIIs are pouring money into Indian stocks, the bulls will remain in complete command, barring an odd bad day in office like it was on Friday.
Once again I suggesh be carefull book profits for
happy diwali..
trade safe
Kalpesh Patel
for HAPPY DIWALI....
Nifty (5428) Sup 5329 Res 5466
Buy Hero Honda (756) SL 750 Target 769, 772
Buy Bharat Forge (290) SL 285 Target 299, 301
Buy ACC (1251) SL 1238
Target 1278, 1283
Sell NDTV (365) SL 370
Target 357, 355
Sell Cummins (428) SL 433 Target 420, 418
Bulls and bears set to battle
After Friday’s fall, the bulls may have rested over the weekend hoping it was just an aberration. Bears too got an opportunity and are unlikely to easily give in to the bulls in the coming week. For the day, we see a positive opening on the back of encouraging signals from the US market as well as rest of the world. But the current choppiness is here to stay. Reliance may have not announced a split/bonus as many market participants would have wanted to. But, the results day may spring some surprise. So watch that counter closely. Also keep an eye on RCOM, as the company is likely to make a slew of announcements.
What remains to be seen now is whether the bulls will resume their shopping spree this week as the pace of the result announcements accelerates. As has been the case over the course of the past two months or so, much will hinge on the liquidity factor. As long as the FIIs are pouring money into Indian stocks, the bulls will remain in complete command, barring an odd bad day in office like it was on Friday.
Once again I suggesh be carefull book profits for
happy diwali..
trade safe
Kalpesh Patel
Saturday, October 13, 2007
Investment calls for next week
The slight correction on Friday was triggered more by the Finance Minister’s comments. He said the Sensex is more of a number and that he was surprised and worried. Sensex is driven by corpus inflow of funds, he added and that’s what we keep saying as Liquidity driving the market. Once a fall starts, views change overnight and the reasoning would be if we can get it at better valuations in sometime, why not? Medium to long term investors need not be worried. In fact the rise in the Sensex, particularly the last 2000 points was driven by a handful of stocks. But when the correction happens, most mid-caps bear the brunt as retail investors press the panic button. The indices will remain volatile depending on cues from the global markets.
Buy Tata Power
Buy Bharti Airtel
Buy Welspun Gujrat
Buy Alok Industries
Buy Birla Jute
Wish you happy NAVARATRI and happy trading days
regards
Kalpesh Patel
Buy Tata Power
Buy Bharti Airtel
Buy Welspun Gujrat
Buy Alok Industries
Buy Birla Jute
Wish you happy NAVARATRI and happy trading days
regards
Kalpesh Patel
Thursday, October 11, 2007
Infosys results disappoint - All eyes on Infosys
Intra-day Stock Ideas
Nifty (5441) Sup 5291 Res 5521
Sell Satyam (484)
SL 489 Tgt 472, 468
Sell Aurobindo Pharma (571) SL 577 Tgt 560, 556
Sell Aptech (365)
SL 370 Tgt 355, 352
Buy Tata Motors (806)
SL 799 Tgt 820, 824
Buy Mahindra Gesco (601)
SL 595 Tgt 614, 617
Trade safe...tough days ahead..
Wish you Happy Diwali...
Start celibrating before you loose..
Northpole research team
Nifty (5441) Sup 5291 Res 5521
Sell Satyam (484)
SL 489 Tgt 472, 468
Sell Aurobindo Pharma (571) SL 577 Tgt 560, 556
Sell Aptech (365)
SL 370 Tgt 355, 352
Buy Tata Motors (806)
SL 799 Tgt 820, 824
Buy Mahindra Gesco (601)
SL 595 Tgt 614, 617
Trade safe...tough days ahead..
Wish you Happy Diwali...
Start celibrating before you loose..
Northpole research team
Wednesday, October 10, 2007
TIME for Good Results...& Sweet Sugers Package...
BUY RELIANCE CAPITAL SL-1620
TARGET -1900 - 2200
BUY TTML SL BELOW 38.50
TARGET 43
BUY IFCI SL BELOW 82
TARGET 91 & 96
Buy RENUKA SUGER for Intraday
Results figurs has coming with good numbers,
3I Info is wiht good no and also d-listing ..
Anyways wish you happy trading day
Kalpesh Patel
TARGET -1900 - 2200
BUY TTML SL BELOW 38.50
TARGET 43
BUY IFCI SL BELOW 82
TARGET 91 & 96
Buy RENUKA SUGER for Intraday
Results figurs has coming with good numbers,
3I Info is wiht good no and also d-listing ..
Anyways wish you happy trading day
Kalpesh Patel
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