HAPPY DIWALI AND NEW YEAR

WISH U A VERY HAPPY DIWALI & A PROSPEROUS NEW YEAR

[28/09/2007] Calls...

BEST BUY

TECH MAHINDRA (BUY) 1354 (Target1) 1363 ( Target 2) 1372 (Sl) 1321

GMR INFRA (BUY) 855 (Target1) 862 ( Target 2) 871 (Sl) 839

IFCI (BUY) 94.9 (Target1) 97 ( Target 2) 100.10 (Sl) 89

[17/09/2007] Calls...

BEST BUY

PYRAMID SAIMIRA (BUY) 327 (Target1) 331.4 ( Target 2) 334 (Sl) 321

ROLTA (BUY) 440 (Target1) 444.7 ( Target 2) 449 (Sl) 431

ESS DEE (BUY) 492 (Target1) 498 ( Target 2) 502 (Sl) 484

calls for 13th

BUY

Selan sl 136.7--172.80--146.50

Unitech sl 259 tr 267--271.50

SRF sl 145.50 tr 151.50--154.35

RCF sl 54.20 tr 56--57.10

Triveni sl 86.40 tr 88.40--91.95

PTC sl 85.90--tr 89.20--91.40

HOCL sl 58.25--62--63.50

HTMTGlobal sl 412 tr 428--435

HindujaTMT sl 463 tr 585--500

ADSL sl 347 tr 360.8--371

BATA sl 174.80 tr 181.95--185.90

GNFC sl 142.25 tr 147.20--150


keep close watch on.. Advanta, Indiainfoline, Everon, Hindoilexp, ICRA, Naukri, REL, RELCAP, JPASSO

SELL ( HIGHLY RISKY)

HDIL sell near 580 sl 587 tr 572--566

Hanung sell near 167 sl 171 tr 164--161

IFB Agro sl 118 tr 114-111

[12/09/2007] Calls....

BEST BUY

SUN PHARMA (BUY) 1015 (Target1) 1024 ( Target 2) 1039 (Sl) 999

NAGARJUNA FERT (BUY) 43.9 (Target1) 44.7 ( Target 2) 45.6 (Sl) 42.9

INDIA CEMENTS (BUY) 270 (Target1) 274 ( Target 2) 277.4 (Sl) 266.8

Calls...[ 11/09/2007]

BEST BUY

PATNI COMP (BUY) 473.5 (Target1) 479 ( Target 2) 485 (Sl) 462

GSFC (BUY) 230 (Target1) 235.4 ( Target 2) 238 (Sl) 225

GITANJALI (BUY) 300 (Target1) 304 ( Target 2) 307 (Sl) 293

Bulls stage a comeback

The BSE 30-share benchmark Sensex gained 6 points to close at 15596. NSE Nifty ended flat at 4507.

After opening in deep red, markets bounced back. Bulls staged a smart comeback as Sensex recovered nearly 250 points and Nifty ended above the 4500mark recovering over 50 points from days low. Buying interest in Index heavyweights like Reliance Industries, ITC and SBI provided support to the key indices. Also positive opening from the European markets and recovery in the Hang Seng index in Asia lifted the sentiments.



All the key sectoral indices ended in green except for the IT sectors as strengthening rupee dragged the IT stocks lower. Even the Mid-Cap and the Smallcap stocks participated in the recovery.



Finally, BSE 30-share benchmark Sensex gained 6 points to close at 15596 hitting an intra-day high of 15626 and a low of 15363. NSE Nifty ended flat at 4507 touching an intra-day high of 4515 and low of 4452.



Bharti Airtel gained by 0.6% to Rs853 after the company secured license from Singapore to offer Global Connectivity. The scrip touched an intra-day high of Rs857 and a low of Rs835 and recorded volumes of over 6,00,000 shares on NSE.



Reliance Communication marginally slipped 0.3% to Rs543. The company announced that they have started blackberry Service in India. The scrip touched an intra-day high of Rs545 and a low of Rs534 and recorded volumes of over 26,00,000 shares on NSE.



Satyam Computer slipped by 1.5% to Rs442. The company announced that they would expand market in Europe and Asia Pacific. The scrip touched an intra-day high of Rs452 and a low of Rs438 and recorded volumes of over 25,00,000 shares on NSE.



Gammon India plunged over 8% to Rs420 after reports stated that a bridge collapsed in Hyderabad. Gammon India was the contractor of the bridge that crumbled. The scrip touched an intra-day high of Rs449 and a low of Rs402 and recorded volumes of over 20,00, 000 shares on NSE.



FMCG stocks ended higher led by gains in the index heavyweight, ITC advanced nearly by 4% to Rs184, Tata Tea was up by 2% to Rs775, McDowell gained 2.5% to Rs1581 and Nirma added 0.3% to Rs165.



Banking stocks also managed to stage a come back led by gains in the index heavyweights like SBI, the scrip was up by 1.3% to Rs1640, PNB gained by 0.8% to Rs493 and Union Bank added 1.1% to Rs147. However, ICICI Bank slipped by 1% to Rs910.



IT stocks were on the receiving end as Indian rupee yet again strengthened against the USD Satyam Computer slipped by 1.6% to Rs442, Wipro was down by 2.7% to Rs465, TCS slipped by 2.7% to Rs1047 and Infosys lost 2% to Rs1871.

Intraday calls for 10 Sep

BEST BUY
Markets to open low on back of weak Global Cues , we expect recovery in the later part of the day ,
Buy NIIT Tech ,
Patni Computers ,
SAIL ,
IDBI during the panic selling for intraday gains

[07/09/2007] Calls...

SUGAR STOCKS TO BE IN LIMELIGHT BUY FOR 3-5 % GAINS IN SHORT TERM

BEST BUY

PATNI COMP (BUY) 483 (Target1) 488 ( Target 2) 493 (Sl) 471 [BOTH TARGET ACHIEVED]

CUMMINS (BUY) 400 (Target1) 403.8 ( Target 2) 408 (Sl) 391 [ TARGET 1 ACHIEVED]

GITANJALI (BUY) 300 (Target1) 304 ( Target 2) 307 (Sl) 293 [ TARGET 1 ACHIEVED]

[07/09/2007] Calls...

SUGAR STOCKS TO BE IN LIMELIGHT BUY FOR 3-5 % GAINS IN SHORT TERM

BEST BUY

PATNI COMP (BUY) 483 (Target1) 488 ( Target 2) 493 (Sl) 471

CUMMINS (BUY) 400 (Target1) 403.8 ( Target 2) 408 (Sl) 391

GITANJALI (BUY) 300 (Target1) 304 ( Target 2) 307 (Sl) 293

[06/09/2007] Calls...

BEST SELL


RELIANCE ENERGY (SELL) 818 (Target1) 812 ( Target 2) 808 (Sl) 833

RCOM (SELL) 535 (Target1) 529 ( Target 2) 525 (Sl) 546

JSW STEEL (SELL) 675 (Target1) 669 ( Target 2) 666 (Sl) 690

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[05/09/2007] Calls...

BEST BUY

LANCO INFRA (BUY) 297 (Target1) 301 ( Target 2) 303 (Sl) 290.1 [ACHIEVED]

IFCI (BUY) 70.8 (Target1) 72 ( Target 2)73.4 (Sl) 66

GITANJALI (BUY) 300 (Target1) 304 ( Target 2) 307 (Sl) 293 [ACHIEVED]