Friday, October 12, 2007
Calls...[12/10/2007]
NSE trading tips for 12 October 2007
MTNL
Close on 10 October 2007 -- 163
Target -- 173 in one week.
Stop loss closing price -- 158
M & M
Close - 817
Target - 891
Stop loss - 770
AIAENG
Close - 1339
Target - 1438 minimum
stop loss - 1284
VSNL(Strong Buy for medium term)
Close - 543.90
Target - 670 in 2-3 months
Stop Loss - 505
PRIME SECURITIES - STRONG BUY
CLOSE - 103.30
TARGET - 134 IN 3-4 WEEKS
STOP LOSS- 96
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Thursday, October 11, 2007
Calls ...Continue [ 11/10/2007]
BUY
PeninLand sl 590 target 617--635
AxisBank sl 750 target 776--790
IDBI sl 142 target 150--154.55
Calls...[11/10/2007]
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Wednesday, October 10, 2007
Calls....[10/10/2007] continue...
Balrampur Chini Above 72 Target 78+ Stoploss 65
Praj Ind Above 213 Target 220+ Stoploss 205
PFC @ CMP Target 218+ Stoploss 205
RPL @ CMP Target 167+ Stoploss 157
Other Stock To Watch: SBI, REL, RCom, DLF,RPL, Unitech, IFCI, RNRL, Sugar Sector.
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Calls...[10/10/2007]
CESC sl 543 tr 575--593
BajajHind sl 153 tr 164--171
MRPL sl 60 tr 64.45--68
IFCI sl 85 tr 91.7--96.8
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Tuesday, October 9, 2007
Monday, October 8, 2007
Calls[Continue]...[08/10/2007]
1............TINPLATE......-....60-62.......52.50.....Premarket Intraday
2...........Reliance.........-....3000...........- .......In short term.
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Calls....[08/10/2007]
RCOM (BUY) 640-642 (Target1) 649 ( Target 2) 655.6 (Sl) 632
POWER GRID (BUY) 96-98 (Target1) 103 ( Target 2) 107. (Sl) 91
GTL (BUY) 241 (Target1) 245.7 ( Target 2) 249.5 (Sl) 234
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Friday, October 5, 2007
Calls...[05/10/2007]
EssarOil.........Buy.......61.........58.50......65
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Thursday, October 4, 2007
Calls...[04/10/2007]
FEDERAL BANK..Above 391....399-402.............385.........Premarket Intraday
ORBIT CORP..........-...............580................. - .............In Short Term
.
Wednesday, October 3, 2007
calls [03/10/2007]
Centurion Bank Of Punjab ....... Can Blast anytime....
Buy Price : 44-45
Target AT : 75-85
STPLOSS: 37.00
Hold for 3 months
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Monday, October 1, 2007
Calls for 1st Oct
Sobha sl 917 tr --939--962
Ansalinfra sl 280 tr 289--295.75
DLF sl 755 tr 784.75--806
MRPL sl 71.50 tr 75.50--78.40
Petronet sl 79 tr 83.50--86.35
Educomp sl 2778 tr 2860--2916
Voltamp sl 1212 tr 1275--1306
Abirlanuvo sl 1498 tr 1547---1569
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Market Forecast [01/10/2007]
"Market will be bullish from Monday 27 th Aug to 27 th Sept. then again
fall till First week of Nov. Thereafter market will start going up for
a year and scale new highs surpassing previous records. This is
astrological forecast."- message dt.24.8.07.
Now the party is over in my view.
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MARKETS STRIKE ALL TIME HIGHS - 24 SEP
The
market kept on advancing as the day progressed on steady buying demand for index
pivotals throughout the day, except for an hiccup in early trade. Turnover was
healthy today and it crossed Rs 7,500 crore on BSE. Both the niche indices BSE
Sensex and S&P CNX Nifty struck all time highs. Sensex is now eyeing 17,000 and
the S&P CNX Nifty is eyeing 5,000 mark.
European markets which opened after Indian market, were mixed. Asian markets
which opened before Indian market settled higher today, 24 September 2007. US
markets posted gains on Friday, 21 September 2007.
The
30-shares BSE Sensex was up 281.60 points or 1.70% to 16,845.83, an all time
closing high. It had opened on an upbeat note at 16,697.89 tracking firm global
cues. Its low for the day was at 16,599.66. It surged to an all time high of
16,869.64 in late trade. Sensex oscillated 268.98 points for the day
From
a recent low of 13,989.11 on 21 August 2007, Sensex has surged 2856.72 points or
20.42% in just 24 trading days to current 16,845.83.
The
S&P CNX Nifty was up 94.65 points or 1.96% to 4,932.20, an all time closing
high. It struck an all time high of 4,941.15. The Nifty September 2007 futures
settled at 4938, a premium of 5.80 points as compared to spot closing.
Despite solid rally in market, the market breadth was negative on BSE with 1454
shares declining as compared to 1302 that advanced. 51 remained unchanged. The
breadth was strong in opening trade.
The
BSE Mid-Cap index rose 1.53% to 7,309.84. It hit an all-time high of 7,321.02
today. BSE Small-Cap index gained 0.77% to 8,963.48. The index hit record high
of 9,013.35 today.
The
total turnover on BSE amounted to Rs 7,744 crore as compared to Rs 8,279.52
crore on Friday, 21 September 2007.
The
NSE’s F&O turnover amounted to Rs 79397.68 crore as compared to Rs 75928.77
crore on Friday, 21 September 2007.
All
the sectoral indices on BSE posted gains except the BSE IT index. BSE Realty
index (up 2.03% to 9,369.68), BSE Auto Index (up 2% at 5,297.26), BSE PSU index
(up 2.30% to 7,959.92), BSE Metal Index (up 1.70% at 13,030.47), BSE Capital
Goods Index (up 2.19% at 14,837.71), BSE Oil and Gas Index (up 3.33% at
9,651.17) outperformed the Sensex.
However BSE TecK index (up 0.09% to 3,641.41), BSE Consumer Durables index (up
0.17% to 4,756.01), BSE FMCG Index (up 0.03% at 2,153.57), BSE Health Care Index
(up 0.25% at 3,663.23), BSE Bankex (up 2.54% at 8,961.49) and BSE IT Index (down
1.77% at 4,349.83) were underperformers
Among
the 30-member Sensex pack, 25 advanced while the rest declined.
India’s top private sector utility company in terms of revenue Reliance Energy
(REL) surged 8.17% to Rs 1092.10 on 21.52 lakh shares. The stock hit all-time
high of Rs 1130.70 in intra-day trade. It was the top gainer from Sensex pack.
As per reports, the government cleared the two transmission line projects of REL
worth Rs 3,500-crore projects which includes the western region system
strengthening (WRSS) II and the Parbati-Koldam hydro projects in Himachal
Pradesh. These projects were delayed due to issues raised by the public-private
partnership appraisal committee (PPAC).
National Thermal Power Corporation, the country’s largest power generation
company by net sales jumped 4.96% to Rs 196.80 on 46.18 lakh shares. It replaced
Dabur India in the S&P CNX Nifty index from today.
India’s top small-car market by market share, Maruti Suzuki India galloped 7.47%
to Rs 999. Last week, Foreign Investment Promotion Board (FIPB) cleared Maruti's
proposal to form a joint venture for setting up an exhaust parts manufacturing
facility in Haryana with Japan's Futaba Industrial Company. Futaba will hold 51%
in the venture.
Bharti Airtel, India’s largest listed cellular services provider by market share
rose 2.52% to Rs 941.50. As per reports, it has got licence to start
Direct-To-Home (DTH) services in the country and announced an investment of Rs
150 crores in the first phase to launch nation-wide operations, a move that
would bring in much required competition in the DTH segment. Also another set of
reports state that Bharti Airtel may get extra spectrum for Delhi and Mumbai
under the existing subscriber-base norms.
India’s largest power equipment maker in terms of revenue Bhel gained 1.82% to
Rs 2002. It hit lifetime high of Rs 2025. As per recent reports, Bhel it is
looking at mergers and acquisition to fuel inorganic growth and it targeting a
turnover of Rs 45,000 crore by 2012.
Banking pivotals advanced on fresh buying. ICICI Bank (up 3.19% to Rs 996), HDFC
Bank (up 2.37% to Rs 1354.05), and State Bank of India (up 0.75% to Rs 1821.90),
edged higher.
India’s largest private sector entity by market capitalisation and oil refiner
Reliance Industries (RIL) rose 3.63% to Rs 2357 on 7.87 lakh shares. It hit an
all time high of Rs 2375 in intra-day trade. RIL said on Saturday, 22 September
2007 that it has struck oil in the deepwater block KG-D4 located in the Krishna
Basin. The commercial viability of the discovery is being evaluated. RIL holds
100% participating interest in this block, which spans over an area of 8100 sq.
kms. The rumors about RIL’s oil find had already hit the market on Friday, 21
September 2007.
India’s second largest telecom services provider market capitalisation Reliance
Communications jumped 3.26% to Rs 598.25 on high volumes of 38.27 lakh shares. A
block deal of 14.10 lakh shares was struck on at Rs 590 per share in early trade
on BSE.
Larsen & Toubro (L&T), the country’s second largest engineering & construction
company in terms of market capitalisation, soared 4.49% to Rs 2908. As per
recent reports, it is close to acquiring a stake in Feedback Ventures, a leading
integrated infrastructure services firm. The stock hit an all time high of Rs
2910 on BSE
IT
shares were weak throughout the day. India’s second largest software services
exporter Infosys Technologies was the top loser from Sensex pack. It slipped
3.30% to Rs 1761.90 on 2.83 lakh shares
Other
IT pivotals, Satyam Computers (down 2.76% to Rs 407.30), TCS (down 1.08% to Rs
1004), were not spared either.
ITC
(down 1.47% to Rs 188) and Grasim (down 0.07% to Rs 3445) were the other losers
from Sensex pack.
IFCI
was the top traded counter on BSE with turnover of Rs 531.37 crore followed by
Reliance Natural Resources (Rs 454.34 crore), Reliance Petroleum (Rs 368.57
crore), DLF (Rs 242.13 crore), and Reliance Energy (Rs 232.84 crore).
Reliance group stocks were in spotlight for second straight day on momentum
buying. Reliance Petroleum (up 8.10% to Rs 167.50), Reliance Natural Resources
(up 22.03% to Rs 93.60), Reliance Capital (up 1.90% to Rs 1571.25), Reliance
Industrial Infrastructure (up 10% to Rs 1147.40), Adlabs Films (up 1.12% to Rs
555) and IPCL (up 3.25% to Rs 465.50) surged.
Adhunik Metaliks jumped 6.40% at Rs 99 after its board approved acquiring a
majority stake in V Cube Forge (India) for an undisclosed amount. Pune-based V
Cube Forge manufactures forged and machined parts for automobiles, railways, and
aerospace.
IFCI
surged 19.32% to Rs 98.80 on huge volumes of 5.68 crore shares. Nearly 1.10
crore shares changed hands through multiple block deals on BSE and NSE combined.
IVRCL
Infrastructures & Projects slipped 1.25% to Rs 409.90. It received new orders
worth Rs 394.24 crore. The Pune region of the company has received these orders
for its building division and for power division.
Hindustan Petroleum Corporation was up 2.32% to Rs 256.10 on reports that
Lakshmi Mittal may buy a stake in the unit of the company, Prize Petroleum.
Tata
Tea rose 0.10% to Rs 785 on reports that the firm is in talks to buy UK-based
speciality tea company Liberty Tea. The move is aimed at expanding company’s
presence in the global beverages market. Unlisted Liberty Tea is a popular brand
in Europe.
Unitech advanced 3.90% to Rs 350.55 after it announced after trading hours on
Friday, 21 September 2007, that it would enter mobile telephone services in
services in 22 out of 23 circles of the country.
ING
Vysya Bank surged 7.17% to Rs 262.45 on reports that it is in talks with
Centurion Bank of Punjab and Kotak Mahindra Bank for acquisitions.
GAIL
soared 7.23% to Rs 375.75 on reports that it is considering an issue of bonus
shares to its equity stakeholders.
Hindustan Construction Company rose 2.37% to Rs 146.75, after the company said
its joint venture with Alphine Mayreder Bau GMBH and Samsung Corporation has
received a contract from Delhi Metro Rail Corporation, Delhi for design and
construction of two underground stations and tunnel between New Delhi station
and Talkatora Garden. The value of the order is worth Rs 774.64 crore. HCC's
share is the total value of the contract is 33% to Rs 255.63 crore.
Syndicate Bank moved up 1.83% to Rs 91.60 on reports that the state-run bank is
planning a follow-on public offer (FPO) during this fiscal year, subject to
regulatory approvals.
Aftek
rose 3.63% to Rs 77, after the company said Goldman Sachs Investments Mauritius
has acquired 20 lakh shares or a 2.29% in the company to raise its stake to
5.74%.
European markets which opened after Indian market, were mixed today, 24
September 2007. Key benchmark indices in France (up 0.12% to 5,707.67), and
United Kingdom (up 0.51% to 6,489.40) rose. However, Germany’s DAX was down
0.12% to 7,785.44
Asian
markets which opened before Indian market settled higher today, 24 September
2007. Hong Kong's Hang Seng (up 2.52% at 26,495.15), Shanghai Composite (up
0.56% to 5,485.03), and Singapore's Straits Times (up 2.73% at 3,639.02)
advanced. Stock markets in Japan, South Korea and Taiwan were closed for public
holidays.
US
stocks posted steady gains on Friday, 21 September 2007 capping a strong week
for Wall Street, as investors drew confidence from strong results at Oracle
Corp. and a continued sense that lower interest rates should help bolster the
economy. The Dow Jones industrial average rose 53.49, or 0.39%, to 13,820.19.
Broader stock indicators also rose. The Standard & Poor's 500 index advanced
7.00, or 0.46%, to 1,525.75, while the Nasdaq Composite index rose 16.93, or
0.64%, to 2,671.22.
Indian market may, however, turn volatile this week ahead of the expiry of
September 2007 futures & options (F&O) contracts on Thursday, 27 September 2007.
Crude
oil prices dipped on Monday, 24 September 2007 as oil and gas producers in the
Gulf of Mexico restored more output after a mild storm triggered evacuation and
production cuts. US crude for November delivery fell 22 cents to $81.40 a
barrel.
As
per the data released on Friday, 21 September 2007, inflation based on the
wholesale-price-index rose 3.32% for the week ended 8 September 2007 as against
3.52% in the previous week.
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