Most Happening Moment of theYear is Coming..........Yes It's New Year........So , Wanna Something Special on that.............
Rates & Services
Scheme A
ONE ALL in CHAT mode / MOBILE
1. Nifty Future Call
2. Intraday Call In FNO and Capital Market
3. Carry Call In FNO
4. BTST/STBT In FNO
5. Delivery Based Call for Swing Traders and Short, Medium and Long term Investors
6. Tips on Option Trading (Call and Put).
7. Interactive On Messenger .
Rates
ONE ALL in CHAT mode
Monthly 6000/-
Quaterly 17500/-
Half Yearly 33500/-
Yearly 60000/
Scheme B
Nifty Total
A Total Pack of Nifty Futures & Options Segment In This Pack Subscribers with be Getting calls on options, Nifty Futures
Positional & Intra day With Precise Entry Exit Stop loss & Target
Rates
Rs 3500 / month
Scheme C
BTST/STBT (2-4 DAILY ) + Delivery Picks short term to long term
Rates
Rs 4500 /month
Scheme D
Equity Cash - For Traders who have the Appetite of Taking Delivery In Mid Cap/Small Cap Segment
Rates
Rs 3500 / month
No free trial will be given. Paid trial for one week is Rs.1850/- (only Chat room access)
New Scheme Launched
New Package for Investors , Traders for who do not want to pay one time charges
To Celebrate Our Anniversary, we have launced Profit Sharing Scheme for new clients and as well as old clients if they wish for!!!!!!!!!!!!!!!!
Anyone can subscribe this Scheme ...Details as follow
Profit Sharing Ratio ...Decided with clients with respect to Deposit they have with us
Intraday calls, Delivery calls, Positional calls on Stock /Nifty
Future and Options too
Interactive On Messenger ( Guidance given for every call - how to trade)
Calls given on mobile n messenger even on Phone (on demand)
Calculated Every 30th of the month end
To know more Pls be free to call us on 09821435805 or sms us
One can mail us to sheth_jg@yahoo.com
We have all messenger like ,gtalk(gmail),msn(hotmail),yahoo,skype,facebook etc
Even chat on Room access
Payment Details:
Bank - Icici Bank, Name - Jigar Sheth , A/c - 001101049075 Andheri Branch
We have HDFC BANK,AXIS BANK Payment options too
The payment can be made by cheque or by Online transfer. Cash payments or cash deposits will be accepted but add Rs. 175/- as Inter-bank transaction charges
Foreign clients may make payments through Western Union Money Transfer.
After doing that, Email the payment details along with the service opted with your Mobile Number or Yahoo Chat ID
For Details & Clarification If you may Contact - sheth_jg@yahoo.com
JGS Investments is a home of expert stockmarket analysts, and premier source for technical analysts research and information on Indian Stock Markets.Just join us at Yahoo Messenger sheth_jg@yahoo.com OR Email at sheth_jg@yahoo.com
Tuesday, December 29, 2009
New high in the offing
After a really long weekend, the market could be headed for a new high before bidding farewell to the year 2009. However, with only three trading sessions and F&O expiry one will have to brace for a volatile week. Trading might be thin, both here as well as overseas, as many players would have opted for an extended year-end holiday. As for today, we see a modestly higher opening for the key indices and sideways movement. We would urge some caution at this juncture, as the market has already had a spectacular rally this year.
The headroom for further advance is limited. One will have to be extremely choosy and careful
Our favorite Max India has announced that a private equity arm of Goldman Sachs. The company's board has approved a proposal to raise $115 million. The debentures will be converted at a price of Rs 215 and has a lock in period of 18 months. The scrip has closed at RS 224 and has the potential to appreciate by more than 50 percent in the next 12-18 months. We expect the stock to move side ways for the time being. This scrip is strictly for long term investors.
Midcap space as usual is hot and Deccan Chronicle is one stock one should watch out for ahead of some restructuring news some time today or tomorrow. Great offshore Ltd, Nilkamal Plastics, VIP Ind and Maytas Infra are some of the stocks that are showing great momentum and are worth taking a look for traders with risk appetite
The headroom for further advance is limited. One will have to be extremely choosy and careful
Our favorite Max India has announced that a private equity arm of Goldman Sachs. The company's board has approved a proposal to raise $115 million. The debentures will be converted at a price of Rs 215 and has a lock in period of 18 months. The scrip has closed at RS 224 and has the potential to appreciate by more than 50 percent in the next 12-18 months. We expect the stock to move side ways for the time being. This scrip is strictly for long term investors.
Midcap space as usual is hot and Deccan Chronicle is one stock one should watch out for ahead of some restructuring news some time today or tomorrow. Great offshore Ltd, Nilkamal Plastics, VIP Ind and Maytas Infra are some of the stocks that are showing great momentum and are worth taking a look for traders with risk appetite
Thursday, December 24, 2009
Stocks to maintain postive momentum after a big rally on Wednesday
While the bulls are eating Christmas cakes, the bears seem to be eating humble pie as the Nifty ended well above 5100 and is now eyeing a new high for 2009. Wednesday’s sudden surge would have taken many by surprise. We reiterate that further short covering is not ruled out ahead of the F&O expiry. Also, some long build-up may take place amid signs that the economy and India Inc. may do better.
But clearly, any rise will not be sustainable in the absence of incremental good news – local as well as global. Rich valuations and concerns on an impending reversal in stimulus steps are among the major headwinds. One should not get carried away by any sharp swings in the near term as the market remains in a consolidation phase. Today we expect a higher opening. Asian markets are mostly up. US market got a boost from technology space, though the blue chips closed flat. European shares hit 14-month high. With several holidays on the horizon, the market could yet again turn choppy and clueless.
Midcaps might outperform largecaps as they have not participated in the rally yesterday
Our favourite Hindalco gained more than 7 percent to close at RS 153. NTPC was another stock that has sprung to life after being subdued for a long time. The stock gained 7 percent to end the day at Rs 229. We have seen a broadbased rally with some window dressing by mutual funds coming in to play. There was some heavy year end fund buying in largecaps that helped the index. Expect some follow up buying today, but do not expect a repeat by the major indices today.
For a change, we have seen the Midcap and smallcap indices sidelined from the market activity as the Largecaps took the charge. Midcaps might make a come back today as they might catch up in today's trade. We recommend Deccan Chronicle for the second day in a row, even at these levels (Rs 168). also keep an eye on entertainment sector, watch out for stocks like NDTV, TV Today and last but not least Zee Entertainment Ltd.Penny pincher's might look at stocks like LML Ltd ad Lloyd Steel from a short term perspective
But clearly, any rise will not be sustainable in the absence of incremental good news – local as well as global. Rich valuations and concerns on an impending reversal in stimulus steps are among the major headwinds. One should not get carried away by any sharp swings in the near term as the market remains in a consolidation phase. Today we expect a higher opening. Asian markets are mostly up. US market got a boost from technology space, though the blue chips closed flat. European shares hit 14-month high. With several holidays on the horizon, the market could yet again turn choppy and clueless.
Midcaps might outperform largecaps as they have not participated in the rally yesterday
Our favourite Hindalco gained more than 7 percent to close at RS 153. NTPC was another stock that has sprung to life after being subdued for a long time. The stock gained 7 percent to end the day at Rs 229. We have seen a broadbased rally with some window dressing by mutual funds coming in to play. There was some heavy year end fund buying in largecaps that helped the index. Expect some follow up buying today, but do not expect a repeat by the major indices today.
For a change, we have seen the Midcap and smallcap indices sidelined from the market activity as the Largecaps took the charge. Midcaps might make a come back today as they might catch up in today's trade. We recommend Deccan Chronicle for the second day in a row, even at these levels (Rs 168). also keep an eye on entertainment sector, watch out for stocks like NDTV, TV Today and last but not least Zee Entertainment Ltd.Penny pincher's might look at stocks like LML Ltd ad Lloyd Steel from a short term perspective
Wednesday, December 23, 2009
Stocks look to extend their winning streak, but gains might be limited
Stocks in Mumbai look to cement their gains from Tuesday helped by positive sentiment in the global markets. Bulls might fire some shots early to give Nifty a chance to cross the 5,000 market. Expect a range bound market in today's trade. Do not expect a run away rally as there is lot of supply at higher levels
As expected metals were big gainers in yesterday's trade. Hindalco rose nearly 3.7 percent recouping the losses from the past two sessions. Tata Steel was the top gainer with a 4 percent gain finishing off the day at Rs 577. We recommend profit booking in Tata Steel as the stock looks expensive considering the uncertainty in the Global Steel Industry and the kind of run up we have seen in the past 6 months.
The party is still on in the Midcap and Smallcap space with new stocks making it to the gainers list. Blue Bird India gained more than 18 percent on unusual volumes. STC India, Goldyne Techno and Aegis Logistics are some other stocks that looked explosive.Traders with some appetite to the midcap space could look at Deccan Chronicle Holdings at Rs 159. Max India is another stock that might give a 5 percent appreciation as a positional trade at Rs 223 level
As expected metals were big gainers in yesterday's trade. Hindalco rose nearly 3.7 percent recouping the losses from the past two sessions. Tata Steel was the top gainer with a 4 percent gain finishing off the day at Rs 577. We recommend profit booking in Tata Steel as the stock looks expensive considering the uncertainty in the Global Steel Industry and the kind of run up we have seen in the past 6 months.
The party is still on in the Midcap and Smallcap space with new stocks making it to the gainers list. Blue Bird India gained more than 18 percent on unusual volumes. STC India, Goldyne Techno and Aegis Logistics are some other stocks that looked explosive.Traders with some appetite to the midcap space could look at Deccan Chronicle Holdings at Rs 159. Max India is another stock that might give a 5 percent appreciation as a positional trade at Rs 223 level
Tuesday, December 22, 2009
Stocks look to rebound after two days of pain
Stocks on Dalal Street look to recover from two days of loses on Tuesday after losing ground in yesterday;s trade. Positive cues from the global markets, some value buying in select stocks and window dressing might help a more than a 100 point jump or nearly 0.8 to 1 percent gain in the benchmark index or the Sensex.
Consumer Goods and Metal Stocks were among the major losers shedding more than 1.5 percent for the day. Hindalco was a major loser as the stock gave up more than 4 percent dipping to Rs 137 levels. Expect a strong bounce back in this stock today and there is a strong likelihood of the stock closing above Rs 140 mark. Sterlite Ind was another stock that was a drag on the metals index.
Real Estate major DLF continues its southbound journey for the second day in a row reaching the Rs 350 mark. We advise exiting the stock on any kind of up move from the current levels. Jaiprakash Ind and L&T were other laggards among the index stocks. Investors betting on Midcap space should take a look at Max India, ETC Networks and Zee Entertainment, as there might be some positive news flow in these counters in the next few days.
Smallcap continued to out perform the markets and even the Midcap space. There has been great deal of activity in the smallcap stocks as investors moved their money to risky bets even in a falling market. Some of the stocks that look attractive from a trading perspective include, Amar Remedies, Nucleus Exports, KRBL and Zicom Electronics. Overall, a positive day for the markets in the making after two days of correction.
Consumer Goods and Metal Stocks were among the major losers shedding more than 1.5 percent for the day. Hindalco was a major loser as the stock gave up more than 4 percent dipping to Rs 137 levels. Expect a strong bounce back in this stock today and there is a strong likelihood of the stock closing above Rs 140 mark. Sterlite Ind was another stock that was a drag on the metals index.
Real Estate major DLF continues its southbound journey for the second day in a row reaching the Rs 350 mark. We advise exiting the stock on any kind of up move from the current levels. Jaiprakash Ind and L&T were other laggards among the index stocks. Investors betting on Midcap space should take a look at Max India, ETC Networks and Zee Entertainment, as there might be some positive news flow in these counters in the next few days.
Smallcap continued to out perform the markets and even the Midcap space. There has been great deal of activity in the smallcap stocks as investors moved their money to risky bets even in a falling market. Some of the stocks that look attractive from a trading perspective include, Amar Remedies, Nucleus Exports, KRBL and Zicom Electronics. Overall, a positive day for the markets in the making after two days of correction.
Monday, December 21, 2009
Positive global cues point to a higher open
Stocks in Mumbai look to bounce back after a late sell off on Friday dragged down the Sensex by more than one percent. Positive global cues might provide temporary relief atleast in the first hour of trade. Expect the benchmark index or the Sensex to gain nearly 0.5 percent for the day
The majority of selling came in the Realty sectors with the sectoral index losing more than 2 percent for the day. DLF and Unitech were major losers among the big names.DLF is likely see some more pressure around Rs 360 level as there are lot of unanswered questions regarding the merger valuation. Stay away from this space for now, as we are of the opinion that this sector might crash, if there is any sort of correction in the near term.
Smallcap and Micap stocks were less affected in Friday's fall as they remained resilient with 0.4 and 0.5 percent fall relative to more than one percent fall in the Sensex.The Auto pack remained strong even in a falling market as witnessed by strong performance from Tata Motors and Hero Honda. We are not bullish on this sector as we believe that the valuations in the auto sector are stretched and investors should avoid taking long positions in these counters.
Overall, a flat to positive open is on the cards for the stock market indices.There is continuous supply at higher levels and we might see selling coming in at higher levels. Bulls might try to finish off the day, with the Nifty closing above 5,000 mark.
The majority of selling came in the Realty sectors with the sectoral index losing more than 2 percent for the day. DLF and Unitech were major losers among the big names.DLF is likely see some more pressure around Rs 360 level as there are lot of unanswered questions regarding the merger valuation. Stay away from this space for now, as we are of the opinion that this sector might crash, if there is any sort of correction in the near term.
Smallcap and Micap stocks were less affected in Friday's fall as they remained resilient with 0.4 and 0.5 percent fall relative to more than one percent fall in the Sensex.The Auto pack remained strong even in a falling market as witnessed by strong performance from Tata Motors and Hero Honda. We are not bullish on this sector as we believe that the valuations in the auto sector are stretched and investors should avoid taking long positions in these counters.
Overall, a flat to positive open is on the cards for the stock market indices.There is continuous supply at higher levels and we might see selling coming in at higher levels. Bulls might try to finish off the day, with the Nifty closing above 5,000 mark.
Friday, December 18, 2009
Rates & Services
Scheme A
ONE ALL in CHAT mode / MOBILE
1. Nifty Future Call
2. Intraday Call In FNO and Capital Market
3. Carry Call In FNO
4. BTST/STBT In FNO
5. Delivery Based Call for Swing Traders and Short, Medium and Long term Investors
6. Tips on Option Trading (Call and Put).
7. Interactive On Messenger .
Rates
ONE ALL in CHAT mode
Monthly 6000/-
Quaterly 17500/-
Half Yearly 33500/-
Yearly 60000/
Scheme B
Nifty Total
A Total Pack of Nifty Futures & Options Segment In This Pack Subscribers with be Getting calls on options, Nifty Futures
Positional & Intra day With Precise Entry Exit Stop loss & Target
Rates
Rs 3500 / month
Scheme C
BTST/STBT (2-4 DAILY ) + Delivery Picks short term to long term
Rates
Rs 4500 /month
Scheme D
Equity Cash - For Traders who have the Appetite of Taking Delivery In Mid Cap/Small Cap Segment
Rates
Rs 3500 / month
No free trial will be given. Paid trial for one week is Rs.1850/- (only Chat room access)
New Scheme Launched
New Package for Investors , Traders for who do not want to pay one time charges
To Celebrate Our Anniversary, we have launced Profit Sharing Scheme for new clients and as well as old clients if they wish for!!!!!!!!!!!!!!!!
Anyone can subscribe this Scheme ...Details as follow
Profit Sharing Ratio ...Decided with clients with respect to Deposit they have with us
Intraday calls, Delivery calls, Positional calls on Stock /Nifty
Future and Options too
Interactive On Messenger ( Guidance given for every call - how to trade)
Calls given on mobile n messenger even on Phone (on demand)
Calculated Every 30th of the month end
To know more Pls be free to call us on 09821435805 or sms us
One can mail us to sheth_jg@yahoo.com
We have all messenger like ,gtalk(gmail),msn(hotmail),yahoo,skype,facebook etc
Even chat on Room access
Payment Details:
Bank - Icici Bank, Name - Jigar Sheth , A/c - 001101049075 Andheri Branch
We have HDFC BANK,AXIS BANK Payment options too
The payment can be made by cheque or by Online transfer. Cash payments or cash deposits will be accepted but add Rs. 175/- as Inter-bank transaction charges
Foreign clients may make payments through Western Union Money Transfer.
After doing that, Email the payment details along with the service opted with your Mobile Number or Yahoo Chat ID
For Details & Clarification If you may Contact - sheth_jg@yahoo.com
ONE ALL in CHAT mode / MOBILE
1. Nifty Future Call
2. Intraday Call In FNO and Capital Market
3. Carry Call In FNO
4. BTST/STBT In FNO
5. Delivery Based Call for Swing Traders and Short, Medium and Long term Investors
6. Tips on Option Trading (Call and Put).
7. Interactive On Messenger .
Rates
ONE ALL in CHAT mode
Monthly 6000/-
Quaterly 17500/-
Half Yearly 33500/-
Yearly 60000/
Scheme B
Nifty Total
A Total Pack of Nifty Futures & Options Segment In This Pack Subscribers with be Getting calls on options, Nifty Futures
Positional & Intra day With Precise Entry Exit Stop loss & Target
Rates
Rs 3500 / month
Scheme C
BTST/STBT (2-4 DAILY ) + Delivery Picks short term to long term
Rates
Rs 4500 /month
Scheme D
Equity Cash - For Traders who have the Appetite of Taking Delivery In Mid Cap/Small Cap Segment
Rates
Rs 3500 / month
No free trial will be given. Paid trial for one week is Rs.1850/- (only Chat room access)
New Scheme Launched
New Package for Investors , Traders for who do not want to pay one time charges
To Celebrate Our Anniversary, we have launced Profit Sharing Scheme for new clients and as well as old clients if they wish for!!!!!!!!!!!!!!!!
Anyone can subscribe this Scheme ...Details as follow
Profit Sharing Ratio ...Decided with clients with respect to Deposit they have with us
Intraday calls, Delivery calls, Positional calls on Stock /Nifty
Future and Options too
Interactive On Messenger ( Guidance given for every call - how to trade)
Calls given on mobile n messenger even on Phone (on demand)
Calculated Every 30th of the month end
To know more Pls be free to call us on 09821435805 or sms us
One can mail us to sheth_jg@yahoo.com
We have all messenger like ,gtalk(gmail),msn(hotmail),yahoo,skype,facebook etc
Even chat on Room access
Payment Details:
Bank - Icici Bank, Name - Jigar Sheth , A/c - 001101049075 Andheri Branch
We have HDFC BANK,AXIS BANK Payment options too
The payment can be made by cheque or by Online transfer. Cash payments or cash deposits will be accepted but add Rs. 175/- as Inter-bank transaction charges
Foreign clients may make payments through Western Union Money Transfer.
After doing that, Email the payment details along with the service opted with your Mobile Number or Yahoo Chat ID
For Details & Clarification If you may Contact - sheth_jg@yahoo.com
Thursday, December 17, 2009
Clueless markets look for direction
Stocks on Dalal Street are likely to trade in a narrow band for the second day in a row after rebounding from lows on Wednesday. There is lost of skepticism and cautiousness among the investors as they are worried about the valuations after the Sensex gained more than 70 percent this year. Expect the benchmark index or the Sensex to trade in a band of 50 to 100 points for the day
We are likely to witness a dull day of trading today, partly due to the holiday season that is keeping FII's off the market. Part of the problem is that investors are not sure about the direction of the market from here on, with the inflation number creeping up. The Central Bank is more likely to announce an interest rate hike some time soon and this might give the bears a reason to pull the market down.
Telecom and Auto stocks were strong performers among the Nifty Fifty pack, with Bharti Airtel and Idea Cellular gaining more than 3 percent and Tata Motors and Mahindra managing similar gains to finish the day on a stronger note. The Midcap space which has seen a flurry of activity in the past month has taken a pause and there have been only few pockets of activity in this space, as the sentiment turned bearish.
Some the Midcap stocks that were in demand include Havells India, which jumped nearly 10 percent on expectations of stronger performance from its European subsidiary . Hemadri Chemicals, Greenply Ind, GHCL, Archidply and last but not the least Sterling Biotech were among other gainers. Orchid Chem finished the session near the lows of day, as investors were not impressed with the sale of the injectables unit
We are likely to witness a dull day of trading today, partly due to the holiday season that is keeping FII's off the market. Part of the problem is that investors are not sure about the direction of the market from here on, with the inflation number creeping up. The Central Bank is more likely to announce an interest rate hike some time soon and this might give the bears a reason to pull the market down.
Telecom and Auto stocks were strong performers among the Nifty Fifty pack, with Bharti Airtel and Idea Cellular gaining more than 3 percent and Tata Motors and Mahindra managing similar gains to finish the day on a stronger note. The Midcap space which has seen a flurry of activity in the past month has taken a pause and there have been only few pockets of activity in this space, as the sentiment turned bearish.
Some the Midcap stocks that were in demand include Havells India, which jumped nearly 10 percent on expectations of stronger performance from its European subsidiary . Hemadri Chemicals, Greenply Ind, GHCL, Archidply and last but not the least Sterling Biotech were among other gainers. Orchid Chem finished the session near the lows of day, as investors were not impressed with the sale of the injectables unit
Wednesday, December 16, 2009
Stocks to witness a minor bounce after a day of correction
Expect the benchmark index or the Sensex to trade in a narrow band, with some selling coming in at higher levels. Midcap stocks are likely to cool off as there is likely to be a reality check in speculative counters
Auto Sector especially is over heated with, Tata Motors up 347% this year, Mahindra & Mahindra is up 275%, and Maruti Suzuki is up 205%.We recommend selling stocks in this space on any kind of rallies
We might see a small bounce today after a day in red yesterday. We still think that the market is not on a sound footing and might break down on any kind of bad news. We advise investors to exit speculative positions on any kind of rally's. So it is a good idea to book profits and make hay while the sun shines
Though the Nifty did make a new high recently, it has since retraced back to sub-5100level. The broad range for the Nifty is expected to be 4900-5200 and the overall market trend will remain choppy.
We don’t expect any major move (on either side) till a big influential event takes place. So, keep your eyes and ears open.
The immediate event to keep track of is today’s outcome of the Fed meeting.
Bank shares may do well on global media reports that the new global capital-adequacy rules for large banks may be delayed by at least a decade during a "transition period."
Among the other stocks to watch out for are: RIL, Cipla, DLF, Orchid Chemicals, Idea and Airlines.
Auto Sector especially is over heated with, Tata Motors up 347% this year, Mahindra & Mahindra is up 275%, and Maruti Suzuki is up 205%.We recommend selling stocks in this space on any kind of rallies
We might see a small bounce today after a day in red yesterday. We still think that the market is not on a sound footing and might break down on any kind of bad news. We advise investors to exit speculative positions on any kind of rally's. So it is a good idea to book profits and make hay while the sun shines
Though the Nifty did make a new high recently, it has since retraced back to sub-5100level. The broad range for the Nifty is expected to be 4900-5200 and the overall market trend will remain choppy.
We don’t expect any major move (on either side) till a big influential event takes place. So, keep your eyes and ears open.
The immediate event to keep track of is today’s outcome of the Fed meeting.
Bank shares may do well on global media reports that the new global capital-adequacy rules for large banks may be delayed by at least a decade during a "transition period."
Among the other stocks to watch out for are: RIL, Cipla, DLF, Orchid Chemicals, Idea and Airlines.
Tuesday, December 15, 2009
Nifty btst book according to You
Nifty levels given on yahoo and sms
Today stock to watch - Tatasteel,Ranabaxy, Century Textile,Glemark,Havells
For Buy/Sell on stocks, Inside news,Stock related news one need to subscribe to get on sms
Today stock to watch - Tatasteel,Ranabaxy, Century Textile,Glemark,Havells
For Buy/Sell on stocks, Inside news,Stock related news one need to subscribe to get on sms
Monday, December 14, 2009
Sluggish markets welcome an uneventful week
Stocks are likely to trade in a narrow band as investors are undecided about the direction of the markets. Expect the benchmark index or the Sensex to trade in a band of 80 points or nearly 0.5 percent for the day. The volumes might be really low considering the holiday season, which has kept the FII's away from the market.
There is no immediate solution in sight to the lack of clear direction in the market. The fact is we will remain at the mercy of global cues and foreign money. Any domestic booster is usually intra-day in nature like the Friday's reversal post the IIP report. Don’t press the panic button in case of any fresh bad news. Stay alert and stick to a stock centric approach. This week’s trend will hinge on what the Fed says at the end of its policy meeting on Wednesday. Till then, we expect the key indices to remain sideways. The Nifty will continue to trade in a 5000-5200 range. It remains to be seen whether the Nifty manages to decisively close above 5180 in the remaining days of the year.
There will surely be few more speed bumps ahead in some form or the other. The recovery in several parts of the world will be a ‘stop-and-go’ affair, especially in the developed world. It is taking different shapes across the globe, with emerging economies such as China and India better placed. Even within the industrialized world and developing markets, the recovery trend is a mixed one. The crucial event to watch will be the Fed’s ‘exit’ strategy. This will then decide the fate of the dollar, whose weakness has been driving up the risk appetite. How various governments execute their ‘exit’ plans and its fallout on their respective economies is another matter of concern.
What is noteworthy however is that though the market has been stuck in a ‘no-man’s land’ for some time now there hasn’t been a major breakdown in sentiment. Every time there has been a big fall, the key indices have rebounded smartly. The case in point is the Dubai debt fiasco. Even last week, amidst more sovereign debt concerns the market held its nerves. The reaction to the lower than forecast IIP data was exaggerated. So, there is still hope that the bulls will regain their hold unless we are hit by another steroid from the external world. Don't pare your equity exposure substantially. At the same time, wait for some clarity on direction before adding fresh positions. Keep some cash handy as there will be opportunities you can capitalise on in the near term.
Stocks that could be in action today include the likes of Godrej Consumer, DLF, Den Networks, AB Nuvo and PSL.
Banking and Realty stocks weighed on the indices on Friday and these sectors are likely to be subdued. Metal stocks will be in a bright spot today, especially Aluminum stocks like Hindalco and NALCO might show strength this morning. Stay away from Realty counters like Unitech and DLF for now. Suzlon Energy is another stock that might outperform the rest of the stocks in the index.
Travel and leisure company Cox & Kings (India) Ltd closed 29% higher at Rs 430 ,the strongest opening day gains amongst maiden public issues so far this year. The stock is likely to touch Rs 450 level in the short term. We see the stock cooling off later in the week. So fresh buying is not advised above Rs 450 level.Midcap stocks like Raj Oil, Pritish Nandy Communications and Praksh Ind were active and show good strength on the charts from an intra-day perspective.
A positive close on Wall Street and subsiding debt concerns are positives to the market, while a great deal of uncertainty about the current direction of the market and lack of positive triggers is a big hurdle for the bulls in the market. Overall, a sluggish day of trade is on the cards with Midcaps and SmallCap stocks spicing up the screen.
News Roundup - Dec 14 2009
Vodafone Group plans to offload its 4.39% indirect holding in Bharti Airtel.
ONGC has sought levy of windfall tax on any crude oil price of over US$60 per barrel to pay for fuel subsidies.
BHEL is in talks with L&T and Pipavav Shipyard to jointly build off-shore oil rigs.
Reliance Infra bags Rs10bn Kandla-Mundra road project in Gujarat.
Government has initiated the process of divesting a further 8.4% stake in NMDC through a fresh public offering.
Tata Steel is in talks with international investors to raise at least Rs50bn through equity and an equivalent amount through debt.
ONGC lost a bid to acquire a large oilfield in Iraq to a consortium of Chinese, Malaysian and French energy firms.
Taro Pharmaceutical asked its shareholders to reject a takeover bid by Sun Pharmaceuticals ahead of its AGM on December 31.
ACC plans to review its decision of scaling down the company's ready-mix concrete business and recommence the expansion plan by the middle of 2010.
GAIL (India) is looking at the D6 block and re-gasified LNG as probable sources of gas for its ongoing Dabhol-Bengaluru and Kochi-Kanjirkkod-Bengaluru-Mangalore pipeline projects
Tata Power to commission first unit of Dagachhu in 2013.
DLF is set to merge the real estate investment trust DLF Assets into itself.
SAIL and Tata Steel have submitted to the government a joint proposal asking to be allocated Coal India long-neglected coking coal mines.
DLF, which was in talks with Brussels-based GDF Suez Energy International and Akuo Energy International for selling its wind mill business, is set to seal the deal by the month-end.
Aditya Birla Group to hive off financial services business.
Procter & Gamble agreed to buy Sara Lee’s air-care brands, including Ambi Pur, for about US$700m.
Apollo Tyres plans to increase tyre prices by up to 10% by this month end.
Parsvnath Developers has raised Rs750mn by selling 50% stake in a housing project to US-based PE firm Sun Apollo.
Jindal Power plans to invest Rs650bn in new power projects and part of the financing for these would be done through its up to Rs100bn IPO.
The Tiruchi unit of BHEL plans to consider four-five companies as candidates for acquisition.
Power Finance Corporation plans to raise US$300mn through external commercial borrowings.
Shree Renuka Sugars in preliminary talks to acquire Balrampur Chini.
Gujarat Power Corporation Ltd inks pact with Torrent Power to develop a 1000MW coal-based power plant at Pipavav in Amreli district of Saurashtra region.
PNB plans to open 100,000 biometric ATMs by 2013.
JK Lakshmi Cement plans to set up a cement factory at Jharli in Jhajjar district of Haryana.
Vodafone Group plans to list its Indian arm and was open to acquisitions when opportunities are available in the country.
VW-Suzuki plans to carry out hybrid car R&D in India.
PTC to acquire coal assets abroad.
ONGC plans to raise US$1bn to service Imperial loan.
GlaxoSmithKline Consumer it temporarily suspended operations at its factory in the industrial estate of Dowlaiswaram in Andhra Pradesh, due to political unrest.
Merck Inc said it had no immediate plans to delist its newly-acquired subsidiary, Fulford India.
BSNL today became the first company in the country to start wireless broadband services and announced a tariff starting with Rs140 per month for rural areas.
The government plans to work out a new subsidy formula to replace the current system of compensating the oil marketing companies for selling below cost through issue of oil bonds.
India’s Industrial output expanded by 10.3% in the month of October from a year ago.
Import duty on equipments halved to 2.5% for mega power projects.
Foreign exchange reserves rose by US$651mn to US$287bn, for the week ended December 4
Centre may allow private developers to use surplus land in housing projects under the Rajiv Awas Yojana for commercial activity, according to the Union Minister of State for Urban Development.
Government says there is no proposal to tax capital inflows in to the stock markets.
PSU oil marketing companies are projected to incur under recoveries of Rs455bn on the four petroleum products in 2009-10 based on the refinery gate prices of the first fortnight of December.
Goods and services tax under the new tax regime, would have four slabs and these are likely to be unveiled within 15 days, says Chairman of empowered committee of state finance ministers.
The government may delay its plans to introduce a uniform licence fee for mobile phone operators.
There is no immediate solution in sight to the lack of clear direction in the market. The fact is we will remain at the mercy of global cues and foreign money. Any domestic booster is usually intra-day in nature like the Friday's reversal post the IIP report. Don’t press the panic button in case of any fresh bad news. Stay alert and stick to a stock centric approach. This week’s trend will hinge on what the Fed says at the end of its policy meeting on Wednesday. Till then, we expect the key indices to remain sideways. The Nifty will continue to trade in a 5000-5200 range. It remains to be seen whether the Nifty manages to decisively close above 5180 in the remaining days of the year.
There will surely be few more speed bumps ahead in some form or the other. The recovery in several parts of the world will be a ‘stop-and-go’ affair, especially in the developed world. It is taking different shapes across the globe, with emerging economies such as China and India better placed. Even within the industrialized world and developing markets, the recovery trend is a mixed one. The crucial event to watch will be the Fed’s ‘exit’ strategy. This will then decide the fate of the dollar, whose weakness has been driving up the risk appetite. How various governments execute their ‘exit’ plans and its fallout on their respective economies is another matter of concern.
What is noteworthy however is that though the market has been stuck in a ‘no-man’s land’ for some time now there hasn’t been a major breakdown in sentiment. Every time there has been a big fall, the key indices have rebounded smartly. The case in point is the Dubai debt fiasco. Even last week, amidst more sovereign debt concerns the market held its nerves. The reaction to the lower than forecast IIP data was exaggerated. So, there is still hope that the bulls will regain their hold unless we are hit by another steroid from the external world. Don't pare your equity exposure substantially. At the same time, wait for some clarity on direction before adding fresh positions. Keep some cash handy as there will be opportunities you can capitalise on in the near term.
Stocks that could be in action today include the likes of Godrej Consumer, DLF, Den Networks, AB Nuvo and PSL.
Banking and Realty stocks weighed on the indices on Friday and these sectors are likely to be subdued. Metal stocks will be in a bright spot today, especially Aluminum stocks like Hindalco and NALCO might show strength this morning. Stay away from Realty counters like Unitech and DLF for now. Suzlon Energy is another stock that might outperform the rest of the stocks in the index.
Travel and leisure company Cox & Kings (India) Ltd closed 29% higher at Rs 430 ,the strongest opening day gains amongst maiden public issues so far this year. The stock is likely to touch Rs 450 level in the short term. We see the stock cooling off later in the week. So fresh buying is not advised above Rs 450 level.Midcap stocks like Raj Oil, Pritish Nandy Communications and Praksh Ind were active and show good strength on the charts from an intra-day perspective.
A positive close on Wall Street and subsiding debt concerns are positives to the market, while a great deal of uncertainty about the current direction of the market and lack of positive triggers is a big hurdle for the bulls in the market. Overall, a sluggish day of trade is on the cards with Midcaps and SmallCap stocks spicing up the screen.
News Roundup - Dec 14 2009
Vodafone Group plans to offload its 4.39% indirect holding in Bharti Airtel.
ONGC has sought levy of windfall tax on any crude oil price of over US$60 per barrel to pay for fuel subsidies.
BHEL is in talks with L&T and Pipavav Shipyard to jointly build off-shore oil rigs.
Reliance Infra bags Rs10bn Kandla-Mundra road project in Gujarat.
Government has initiated the process of divesting a further 8.4% stake in NMDC through a fresh public offering.
Tata Steel is in talks with international investors to raise at least Rs50bn through equity and an equivalent amount through debt.
ONGC lost a bid to acquire a large oilfield in Iraq to a consortium of Chinese, Malaysian and French energy firms.
Taro Pharmaceutical asked its shareholders to reject a takeover bid by Sun Pharmaceuticals ahead of its AGM on December 31.
ACC plans to review its decision of scaling down the company's ready-mix concrete business and recommence the expansion plan by the middle of 2010.
GAIL (India) is looking at the D6 block and re-gasified LNG as probable sources of gas for its ongoing Dabhol-Bengaluru and Kochi-Kanjirkkod-Bengaluru-Mangalore pipeline projects
Tata Power to commission first unit of Dagachhu in 2013.
DLF is set to merge the real estate investment trust DLF Assets into itself.
SAIL and Tata Steel have submitted to the government a joint proposal asking to be allocated Coal India long-neglected coking coal mines.
DLF, which was in talks with Brussels-based GDF Suez Energy International and Akuo Energy International for selling its wind mill business, is set to seal the deal by the month-end.
Aditya Birla Group to hive off financial services business.
Procter & Gamble agreed to buy Sara Lee’s air-care brands, including Ambi Pur, for about US$700m.
Apollo Tyres plans to increase tyre prices by up to 10% by this month end.
Parsvnath Developers has raised Rs750mn by selling 50% stake in a housing project to US-based PE firm Sun Apollo.
Jindal Power plans to invest Rs650bn in new power projects and part of the financing for these would be done through its up to Rs100bn IPO.
The Tiruchi unit of BHEL plans to consider four-five companies as candidates for acquisition.
Power Finance Corporation plans to raise US$300mn through external commercial borrowings.
Shree Renuka Sugars in preliminary talks to acquire Balrampur Chini.
Gujarat Power Corporation Ltd inks pact with Torrent Power to develop a 1000MW coal-based power plant at Pipavav in Amreli district of Saurashtra region.
PNB plans to open 100,000 biometric ATMs by 2013.
JK Lakshmi Cement plans to set up a cement factory at Jharli in Jhajjar district of Haryana.
Vodafone Group plans to list its Indian arm and was open to acquisitions when opportunities are available in the country.
VW-Suzuki plans to carry out hybrid car R&D in India.
PTC to acquire coal assets abroad.
ONGC plans to raise US$1bn to service Imperial loan.
GlaxoSmithKline Consumer it temporarily suspended operations at its factory in the industrial estate of Dowlaiswaram in Andhra Pradesh, due to political unrest.
Merck Inc said it had no immediate plans to delist its newly-acquired subsidiary, Fulford India.
BSNL today became the first company in the country to start wireless broadband services and announced a tariff starting with Rs140 per month for rural areas.
The government plans to work out a new subsidy formula to replace the current system of compensating the oil marketing companies for selling below cost through issue of oil bonds.
India’s Industrial output expanded by 10.3% in the month of October from a year ago.
Import duty on equipments halved to 2.5% for mega power projects.
Foreign exchange reserves rose by US$651mn to US$287bn, for the week ended December 4
Centre may allow private developers to use surplus land in housing projects under the Rajiv Awas Yojana for commercial activity, according to the Union Minister of State for Urban Development.
Government says there is no proposal to tax capital inflows in to the stock markets.
PSU oil marketing companies are projected to incur under recoveries of Rs455bn on the four petroleum products in 2009-10 based on the refinery gate prices of the first fortnight of December.
Goods and services tax under the new tax regime, would have four slabs and these are likely to be unveiled within 15 days, says Chairman of empowered committee of state finance ministers.
The government may delay its plans to introduce a uniform licence fee for mobile phone operators.
Friday, December 11, 2009
Watch out for IIP numbers
(10-12-2009 14:00:46): Nifty btst..Book in good profit
Stocks on Dalal Street are likely to move up on the last trading day of the week on the back of positive global cues. Expect the benchmark index or the Sensex to gain more 100 points or nearly 0.8 percent for the day inrespect to IIP numbers are good. Midcaps are likely continue their domination and finish off the week on stronger note
The rest of the world is off to a stronger start as dollar continued to fall. Australia is up nearly a percent on opening bell and the Korea's Kospi opened up in green after gaining more than a percent yesterday. Consumer Goods and Banking stocks remained strong yesterday and might stay flat today. We like Fertilizer stocks in the short term as we think that that this sector has not participated in the rally. Chambal Fert, Nagarjuna Fert and Meghmani Organics are some of our picks in this space. Thomas cook is another stock that might spurt as listing of Cox & Kings might help the tourism space.
Midcaps continued their bull run and our recommendation Mic Electronics surged more than 19 percent ending the day at Rs 47.40. Smallcap stocks outperformed the rest of the indices by a wide margin for the fourth day in a row. Midcap stocks like ICSA, Zenith Computers and Asian electronics look strong and might build on their gains from Thrusday.
Overall, another positive day for the stocks in the offing as things look rosy and the euphoria might extend for few more days. To keep it simple, investors should wait on the sidelines, while traders could try their luck by placing bets on speculative midcap and smallcap stocks
Stocks on Dalal Street are likely to move up on the last trading day of the week on the back of positive global cues. Expect the benchmark index or the Sensex to gain more 100 points or nearly 0.8 percent for the day inrespect to IIP numbers are good. Midcaps are likely continue their domination and finish off the week on stronger note
The rest of the world is off to a stronger start as dollar continued to fall. Australia is up nearly a percent on opening bell and the Korea's Kospi opened up in green after gaining more than a percent yesterday. Consumer Goods and Banking stocks remained strong yesterday and might stay flat today. We like Fertilizer stocks in the short term as we think that that this sector has not participated in the rally. Chambal Fert, Nagarjuna Fert and Meghmani Organics are some of our picks in this space. Thomas cook is another stock that might spurt as listing of Cox & Kings might help the tourism space.
Midcaps continued their bull run and our recommendation Mic Electronics surged more than 19 percent ending the day at Rs 47.40. Smallcap stocks outperformed the rest of the indices by a wide margin for the fourth day in a row. Midcap stocks like ICSA, Zenith Computers and Asian electronics look strong and might build on their gains from Thrusday.
Overall, another positive day for the stocks in the offing as things look rosy and the euphoria might extend for few more days. To keep it simple, investors should wait on the sidelines, while traders could try their luck by placing bets on speculative midcap and smallcap stocks
Thursday, December 10, 2009
Stocks to open higher on positive global cues
Nifty Btst book on RIGHT Time with Profit
Satyam and Techm we have bought see the results Today
Stocks on Dalal Street are poised to open in the positive territory after giving a pause on Wednesday. Positive cues from the Wall street and some speculative buying could keep the index in the fat to positive territory. Expect the benchmark to trade in a band of 50 to 100 points for the day
Asia is off for a flat start with the benchmark indices in Japan And South Korea trading flat and Australia is slightly in green in the first hour of trade. SGX Nifty, which tests the pre-market momentum is up nearly 15 points at 5,141.50.
As expected Metals and Banking stocks took a beating, courtesy of falling dollar. We see the fortune for the metal pack reversing in today's trade after the greenback pulled back in the currency markets. Metals look hot for day traders today.Hindalco, Jayswal Neco and Adhunik Metaliks are some of the pick for day traders.
Smallcap stocks were in spotlight on Wednesday with index tracking the smallcap stocks gaining 0.4 percent for the day. Things are really getting heated up in this space as Largecaps took a back seat as Funds are sitting tight and are commiting new funds to the heavy weights. Part of the reason could be attributed to the holiday season in U.S, which has kept lot of FII's away from the markets.
Alps Ind and Surya Roshini are two stocks that one could watch out for from a trading perspective. Midcap and third rung IT stocks are likely to extend their rally in to today. Watch out for Goldstone Technology, Four Software are worth watching. Agri Commodity stocks like LT Overseas and KRBL might be active for the second day in a row
Satyam and Techm we have bought see the results Today
Stocks on Dalal Street are poised to open in the positive territory after giving a pause on Wednesday. Positive cues from the Wall street and some speculative buying could keep the index in the fat to positive territory. Expect the benchmark to trade in a band of 50 to 100 points for the day
Asia is off for a flat start with the benchmark indices in Japan And South Korea trading flat and Australia is slightly in green in the first hour of trade. SGX Nifty, which tests the pre-market momentum is up nearly 15 points at 5,141.50.
As expected Metals and Banking stocks took a beating, courtesy of falling dollar. We see the fortune for the metal pack reversing in today's trade after the greenback pulled back in the currency markets. Metals look hot for day traders today.Hindalco, Jayswal Neco and Adhunik Metaliks are some of the pick for day traders.
Smallcap stocks were in spotlight on Wednesday with index tracking the smallcap stocks gaining 0.4 percent for the day. Things are really getting heated up in this space as Largecaps took a back seat as Funds are sitting tight and are commiting new funds to the heavy weights. Part of the reason could be attributed to the holiday season in U.S, which has kept lot of FII's away from the markets.
Alps Ind and Surya Roshini are two stocks that one could watch out for from a trading perspective. Midcap and third rung IT stocks are likely to extend their rally in to today. Watch out for Goldstone Technology, Four Software are worth watching. Agri Commodity stocks like LT Overseas and KRBL might be active for the second day in a row
Wednesday, December 9, 2009
BE IN STOCKS
Dalal Street is likely to open lower after a decoupling itself from the global markets for a day. Expect the benchmark index to give up more than 150 points or one percent for the day. The Midcap story might continue in select counters but the number of gainers might be limited
As expected Realty stocks bounced back on Tuesday and are likley to give up their gains in today's trade. Metals space might see significant correction as the the dollar continues to weaken. We strongly recommend selling most your portfolio if you are a short ter to medium term investor. We recommend a 'Sell' on Tata Steel and Tata Motors as we are of the opinion that these stocks are over valued at current levels.
Trim your portfolios and stay on the sidelines with cash. We are likely to get a better entry point than the current levels. Banking is another space that might see some correction as the stocks in this space have had a decent rally in the past few weeks.even Healthcare space which is considered as a safe haven for defensive investors is looking expensive with Ranbaxy and Cipla trading near their highest level in more than a year. This might be a good time to take a vacation and re-visit the market in the new year
As expected Realty stocks bounced back on Tuesday and are likley to give up their gains in today's trade. Metals space might see significant correction as the the dollar continues to weaken. We strongly recommend selling most your portfolio if you are a short ter to medium term investor. We recommend a 'Sell' on Tata Steel and Tata Motors as we are of the opinion that these stocks are over valued at current levels.
Trim your portfolios and stay on the sidelines with cash. We are likely to get a better entry point than the current levels. Banking is another space that might see some correction as the stocks in this space have had a decent rally in the past few weeks.even Healthcare space which is considered as a safe haven for defensive investors is looking expensive with Ranbaxy and Cipla trading near their highest level in more than a year. This might be a good time to take a vacation and re-visit the market in the new year
Tuesday, December 8, 2009
Sensex comes to a Crossroads
Investors get ready for another dull day on the trading floor as the markets look tired at current levels. Expect the benchmark to trade within a band of 100 points for the second day in a row, as it is really getting tough to break the tie between the bulls and the bears
Select Midcap counter continued to rally even in a lacklustre market.Manaksia continued its magical journey and was locked in circuit for another day at Rs 91. Third rung counters like Sri Adhikari and Maxwell Ind showed some action. While traders favs like Jayaswal Neco and Rama Newsprint managed double digit gains. Adhunik Metaliks and Tata Elxsi showed great strength and good volume action on Monday.
Investors should stay partly invested for now and hold on to blue chips and cut exposure to speculative stocks. We believe that we might not see a deep cut in the market in the next few weeks or atleast till the year end. One might see some sort of correction in the first quarter of 2010. It is not going to be a smooth ride for the investors from here, as the tail winds from the economic bottom are still blowing fairly hard
Sbi buy in dips for this week
Select Midcap counter continued to rally even in a lacklustre market.Manaksia continued its magical journey and was locked in circuit for another day at Rs 91. Third rung counters like Sri Adhikari and Maxwell Ind showed some action. While traders favs like Jayaswal Neco and Rama Newsprint managed double digit gains. Adhunik Metaliks and Tata Elxsi showed great strength and good volume action on Monday.
Investors should stay partly invested for now and hold on to blue chips and cut exposure to speculative stocks. We believe that we might not see a deep cut in the market in the next few weeks or atleast till the year end. One might see some sort of correction in the first quarter of 2010. It is not going to be a smooth ride for the investors from here, as the tail winds from the economic bottom are still blowing fairly hard
Sbi buy in dips for this week
Monday, December 7, 2009
Bulls look weak after dollar strengthens
Stocks on Dalal Street are likely to open slightly lower on Monday morning on concerns that a rising dollar might pull the plugs on Carry trade. Expect the benchmark index or the Sensex to trade in a range of 50 to 100 points for the day. Midcaps and third rung stocks might outperform the rest of the stocks in the index
Auto and Banking stocks looked weak on Fridays session and might continue the their south bound trend even on Monday. Healthcare sector is one spot that is looking hot with Cipla taking the charge and Hospital operator Fortis Healthcare showing a fresh break out near the Rs 120 level. Smallcap stocks remained strong even in a slow market. The sectoral index gained 0.38 percent for the day, and the trend is likely to continue in these stocks.
Midcaps and Smallcap space is looking hot and is set to take the center stage. We are not big fans of this rally, but people who would like take part in it should trade in these stocks with tight stops. Karuturi Global, Prime Securities, Jyothy Labs are some of the stocks that are looking good on the charts. Medium term investors could look at Century Enka Rs 195 as the group company Centry Ind is likely to hike stake in the company. Lanco Infra is another stock that might spurt as the compani likely to approve a stock spilt so
Auto and Banking stocks looked weak on Fridays session and might continue the their south bound trend even on Monday. Healthcare sector is one spot that is looking hot with Cipla taking the charge and Hospital operator Fortis Healthcare showing a fresh break out near the Rs 120 level. Smallcap stocks remained strong even in a slow market. The sectoral index gained 0.38 percent for the day, and the trend is likely to continue in these stocks.
Midcaps and Smallcap space is looking hot and is set to take the center stage. We are not big fans of this rally, but people who would like take part in it should trade in these stocks with tight stops. Karuturi Global, Prime Securities, Jyothy Labs are some of the stocks that are looking good on the charts. Medium term investors could look at Century Enka Rs 195 as the group company Centry Ind is likely to hike stake in the company. Lanco Infra is another stock that might spurt as the compani likely to approve a stock spilt so
Friday, December 4, 2009
Dalal Street to witness some profit booking on negative global cues
(03-12-2009 14:45:53): Took 5200put nifty home as btst
Stocks are headed for a lower open in the final day of trade for the week. A late sell off in the U.S. markets might spur a round of profit booking on Dalal Street. Expect the benchmark index or the Sensex to shed nearly 150 points or close to a one percent for the day
Investors turned defensive after an run up earlier in the day. The Sensex gave up nearly 100 points in less than 10 minutes in the final hour of trade.Pharma stocks were major beneficiaries of the cautious approach of investors and major funds. Stocks like Ranbaxy and Cipla pulled up the sectoral index by nearly 2 percent. Both the stocks closed up by nearly 5 percent with Ranbaxy reaching a new 52 week high.
Metals and Realty are two sectors that might see some profit booking today's trade. Investors could pare their positions in stocks like Sesa Goa, Sterlite Ind and Tata Steel. Some profit booking in Unitech, Orbit Corp and DLF is also adviced. Two stocks that look ripe for profit booking are Jet Airways and Tata Elxsi after the kind of run up we have seen in both the stocks. Book proftits at Rs 600 and Rs 300 respectively.
Finally a day for the bears is in the offing with chances of a severe sell off towards the end of the day. Exit speculative and second rung counters and book partial profits in quality stocks.We recommend short selling Ranbaxy today at Rs 511 levels and Think Soft is another stocks that is looking weak on the charts
Stocks are headed for a lower open in the final day of trade for the week. A late sell off in the U.S. markets might spur a round of profit booking on Dalal Street. Expect the benchmark index or the Sensex to shed nearly 150 points or close to a one percent for the day
Investors turned defensive after an run up earlier in the day. The Sensex gave up nearly 100 points in less than 10 minutes in the final hour of trade.Pharma stocks were major beneficiaries of the cautious approach of investors and major funds. Stocks like Ranbaxy and Cipla pulled up the sectoral index by nearly 2 percent. Both the stocks closed up by nearly 5 percent with Ranbaxy reaching a new 52 week high.
Metals and Realty are two sectors that might see some profit booking today's trade. Investors could pare their positions in stocks like Sesa Goa, Sterlite Ind and Tata Steel. Some profit booking in Unitech, Orbit Corp and DLF is also adviced. Two stocks that look ripe for profit booking are Jet Airways and Tata Elxsi after the kind of run up we have seen in both the stocks. Book proftits at Rs 600 and Rs 300 respectively.
Finally a day for the bears is in the offing with chances of a severe sell off towards the end of the day. Exit speculative and second rung counters and book partial profits in quality stocks.We recommend short selling Ranbaxy today at Rs 511 levels and Think Soft is another stocks that is looking weak on the charts
Thursday, December 3, 2009
New listing Buy Astec Life is looking explosive
For Nifty and Stock calls/levels One need to Subscribe
Asia is off for a good start with Nikkei jumping more than 1.5 percent in the opening minutes of the day. Realty Auto and Banking stocks were in the lime light yesterday. We like Realty and Banking to gain some more ground in today's trade.Tata Motors looked hot after nearly appreciating 7 times its 52 week low of Rs 125. IDFC and Ranbaxy were strong on good fund support.
The benchmark indices remained flat, but there was a lot of action in the midcap and smallcap space.The current market conditions point to some more speculative action in the coming days. It is not a bad idea for the risk takers to day trade in second rung stocks. But please be aware not to buy them on a delivery basis, as you might end up with 'junk stocks' forever.
It education stocks like NIIT Ltd and Aptech look strong on the charts and might move up after a side ways movement. There is something cooking in the Mastek counter as the stock was locked in circuit at RS 450 up by nearly 50 percent in the past 2 weeks. Private banks like Dena Bank and Lakshmivilas Bank look strong and might break out from current levels. The new listing Astec Life is looking explosive at Rs 89. Overall a flat day for the markets with some fire works from Midcap stocks, is in the offing
Asia is off for a good start with Nikkei jumping more than 1.5 percent in the opening minutes of the day. Realty Auto and Banking stocks were in the lime light yesterday. We like Realty and Banking to gain some more ground in today's trade.Tata Motors looked hot after nearly appreciating 7 times its 52 week low of Rs 125. IDFC and Ranbaxy were strong on good fund support.
The benchmark indices remained flat, but there was a lot of action in the midcap and smallcap space.The current market conditions point to some more speculative action in the coming days. It is not a bad idea for the risk takers to day trade in second rung stocks. But please be aware not to buy them on a delivery basis, as you might end up with 'junk stocks' forever.
It education stocks like NIIT Ltd and Aptech look strong on the charts and might move up after a side ways movement. There is something cooking in the Mastek counter as the stock was locked in circuit at RS 450 up by nearly 50 percent in the past 2 weeks. Private banks like Dena Bank and Lakshmivilas Bank look strong and might break out from current levels. The new listing Astec Life is looking explosive at Rs 89. Overall a flat day for the markets with some fire works from Midcap stocks, is in the offing
Wednesday, December 2, 2009
Nifty btst Book
sheth_jg (01-12-2009 15:28:27): Nifty opens up tommorrow
Stock watch HPCL
Short positions builtup in Tatasteel........
Metal stocks are likely to out perform today. Unitech was clearly the star in yesterday's trade and the stock might test Rs 90 level today. The markets are currently under Bulls control with 27 of the 30 stocks in the index finishing higher for the day.
Realty sector is heated up with the sectoral index gaining more than 6 percent. It is interesting to see big moves in these counters with 3 IPO's lined up to hit the markets to mopping up $ 5 billion from the markets.Rama Newsprint, Kiri Dyes, AMD Medplast and Noida Toll Bridge were some of the midcaps stocks that were on fire. Amtek Auto, Thomas Cook and Mic Electronics are some of the stocks to watch out from a short term perspective
Stock watch HPCL
Short positions builtup in Tatasteel........
Metal stocks are likely to out perform today. Unitech was clearly the star in yesterday's trade and the stock might test Rs 90 level today. The markets are currently under Bulls control with 27 of the 30 stocks in the index finishing higher for the day.
Realty sector is heated up with the sectoral index gaining more than 6 percent. It is interesting to see big moves in these counters with 3 IPO's lined up to hit the markets to mopping up $ 5 billion from the markets.Rama Newsprint, Kiri Dyes, AMD Medplast and Noida Toll Bridge were some of the midcaps stocks that were on fire. Amtek Auto, Thomas Cook and Mic Electronics are some of the stocks to watch out from a short term perspective
Tuesday, December 1, 2009
Markets to take a pause after a decent run up
Stocks in Mumbai might take a pause after a good run on the first trading day of the week. Expect the benchmark index or the Sensex to give up nearly 100 points or more than 0.5 percent for the day. The Nifty faces significant resistance at 5,050 in the near term and the going will be tough from here on
News that India's economy in the quarter ending in September increased at 7.9% from a year ago, fueled a strong rally in Dalal Street. The heartening fact is that the rally was broadbased. The bad news is that the data is obscure.Metals, Technology and IT stocks were in the lime light yesterday. We recommend investors to book profits in metals and Real Estate as we believe that these sectors are vulnerable to FII selling.
Midcaps continued to dominate with some stocks trying to play catch up. Stocks like Rama Newsprint and Thomas Cook, Goa Carbon and Cambridge Solutions were in demand.Ahmednagar Forgings, Amtek Auto, SEL Manufacturing, Cummins India and Mic Electronics are some of the stocks to watch out in today's trade. We strongly recommend Jubiland Organosys and Century Enka from 3 to 5 day perspective
TRADE IN STOCK ONLY
News that India's economy in the quarter ending in September increased at 7.9% from a year ago, fueled a strong rally in Dalal Street. The heartening fact is that the rally was broadbased. The bad news is that the data is obscure.Metals, Technology and IT stocks were in the lime light yesterday. We recommend investors to book profits in metals and Real Estate as we believe that these sectors are vulnerable to FII selling.
Midcaps continued to dominate with some stocks trying to play catch up. Stocks like Rama Newsprint and Thomas Cook, Goa Carbon and Cambridge Solutions were in demand.Ahmednagar Forgings, Amtek Auto, SEL Manufacturing, Cummins India and Mic Electronics are some of the stocks to watch out in today's trade. We strongly recommend Jubiland Organosys and Century Enka from 3 to 5 day perspective
TRADE IN STOCK ONLY
Monday, November 30, 2009
Global Markets make a come back
(27-11-2009 10:13:28): Buy minifty at 4850-4855 sl 4800 hold btst.wait for level to come for buy
Book nifty today in good Profits
Dalal Street will open in the positive zone after hit strongly courtesy UAE central bank's commitment to stand behind debt hit local and foreign banks by opening new lending window to banks.
Indian markets like other global markets are waiting for an oppurtunity to correct after flirting with the over bought zones. The massive bull rally unfolded in March, driven by excessive liquidity flows across the globe.
Time for investors to step back
While no one denies the fact that we are in for a multi year bull run, one should be cautious investing in the current global economic scenario with ripples of credit hit crises hitting the capital markets in bouts.
Realty space to get hit
Realty space will be the worst hit again given the huge rally in the last few months. These stocks are prone to corrections more than rest of the stocks. Investors are advised to go slow and try to avoid the sector in the next 2-3 months.
We are in for a corrective market in the next 1 to 2 quarters with consolidation mantra gaining momentum
Book nifty today in good Profits
Dalal Street will open in the positive zone after hit strongly courtesy UAE central bank's commitment to stand behind debt hit local and foreign banks by opening new lending window to banks.
Indian markets like other global markets are waiting for an oppurtunity to correct after flirting with the over bought zones. The massive bull rally unfolded in March, driven by excessive liquidity flows across the globe.
Time for investors to step back
While no one denies the fact that we are in for a multi year bull run, one should be cautious investing in the current global economic scenario with ripples of credit hit crises hitting the capital markets in bouts.
Realty space to get hit
Realty space will be the worst hit again given the huge rally in the last few months. These stocks are prone to corrections more than rest of the stocks. Investors are advised to go slow and try to avoid the sector in the next 2-3 months.
We are in for a corrective market in the next 1 to 2 quarters with consolidation mantra gaining momentum
Friday, November 27, 2009
Dubai World default to rattle investors on Dalal Street
Stocks are set to crash in the first hour of trade on the first day of new F&O series. A possible default by Dubai World on its dent might cause tremors in the Indian market. Expect the benchmark index or the Sensex to give up more than 2 percent for the day.
There was blood bath in the European markets on Thursday as fears of a potential default in Dubai sent shock waves through financial markets weighing on European equities.The U.S. dollar off of recent lows as investors sought out safe havens. Asian markets are in red for the second day in a row with Nikkei, Shanghai and Hangseng losing between 2 to 3 percent for the day. One can expect this sentiment to rub off on stocks in Dalal Street.
We advice investors to stay away from Real Estate stocks as there is a likely hood of these stocks getting hammered in the open. We recommend shorting stocks like Unitech, DLF and HDIL as we might see a big fall in this space in the coming days. Investors also should think about cutting their exposure to private banks, especially Yes Bank and Kotak Bank.
Engineering is another space that might take a hit with Dubai World default, as there companies like L&T, Punj Lloyd, Voltas and many other who has exposure to Dubai. These stocks might be hit as there is less likelihood of new business in the near future and also a possibility that they might get stuck collecting their dues.
We advice investors to sit out of the market till the new year and take a call on markets at a later date. We do not recommend bottom fishing or shorting at this time, with the exception of some Realty counters.
There was blood bath in the European markets on Thursday as fears of a potential default in Dubai sent shock waves through financial markets weighing on European equities.The U.S. dollar off of recent lows as investors sought out safe havens. Asian markets are in red for the second day in a row with Nikkei, Shanghai and Hangseng losing between 2 to 3 percent for the day. One can expect this sentiment to rub off on stocks in Dalal Street.
We advice investors to stay away from Real Estate stocks as there is a likely hood of these stocks getting hammered in the open. We recommend shorting stocks like Unitech, DLF and HDIL as we might see a big fall in this space in the coming days. Investors also should think about cutting their exposure to private banks, especially Yes Bank and Kotak Bank.
Engineering is another space that might take a hit with Dubai World default, as there companies like L&T, Punj Lloyd, Voltas and many other who has exposure to Dubai. These stocks might be hit as there is less likelihood of new business in the near future and also a possibility that they might get stuck collecting their dues.
We advice investors to sit out of the market till the new year and take a call on markets at a later date. We do not recommend bottom fishing or shorting at this time, with the exception of some Realty counters.
Thursday, November 26, 2009
Markets to pull back on profit booking
The Indian stock markets are getting ready for another flat day with a negative bias, after ending little changed for the past few sessions. We expect the markets to trade in a band of 17,150 and 17,300 for the day
FMCG and Oil & Gas were the winners from yesterday's trade, while Healthcare and Realty were the laggards. Auto stocks like Hero Honda and Maruti onitnued their up trend on Wednesday. We recommend booking partial profits in Hero Honda, Maruti and Tata Motors, as we believe that there might be a snap back in share prices in the near term.
There was some fund buying in FMCG stocks like ITC and HLL today and this looks like a one time event and we do not see any follow up buying in these stocks. The new listing Astec Life Sciences closed up 2 percent from the issue price at Rs 84. We do not like the fundamentals of the company, but reserve our comments from a trading perspective especially after the kind of move we have seen in Think Soft.
Hilton Metal, Atlanta, Plethico Pharma and Midcap IT counters like KPIT Cummins and Mastek were active yesterday. We recommend staying out of the market for now, as the trend is not clear yet and with the F&O expiry ahead it is tough to take a call on the markets from an intra-day perspective. Overall, we expect a negative open and a flat close for the day.
FMCG and Oil & Gas were the winners from yesterday's trade, while Healthcare and Realty were the laggards. Auto stocks like Hero Honda and Maruti onitnued their up trend on Wednesday. We recommend booking partial profits in Hero Honda, Maruti and Tata Motors, as we believe that there might be a snap back in share prices in the near term.
There was some fund buying in FMCG stocks like ITC and HLL today and this looks like a one time event and we do not see any follow up buying in these stocks. The new listing Astec Life Sciences closed up 2 percent from the issue price at Rs 84. We do not like the fundamentals of the company, but reserve our comments from a trading perspective especially after the kind of move we have seen in Think Soft.
Hilton Metal, Atlanta, Plethico Pharma and Midcap IT counters like KPIT Cummins and Mastek were active yesterday. We recommend staying out of the market for now, as the trend is not clear yet and with the F&O expiry ahead it is tough to take a call on the markets from an intra-day perspective. Overall, we expect a negative open and a flat close for the day.
Wednesday, November 25, 2009
Markets to trade in a narrow band for the second day in a row
Stocks in Mumbai are headed for another day of lacklustre trade ahead of the expiry in couple of days. We are likely to see the indices trading in a narrow band with the Nifty hovering in 5,050 and 5,100 band in sub-dued trade
Auto stocks were in limelight on news reports that there will be a price hike by major manufacturers in the near term. Maruti. M&M and Tata Motors helped the sectoral index gain 1.45 percent for the day. Metals stocks took a breather yesterday as investors booked profits in Steel stocks.
We see banking stocks losing ground today after remaining week yesterday. We advice investors to trim their holdings in ICICI Bank and SBI for now, as they might get a good entry point at lower levels. Auto Ancilliary stocks were in demand as there was some fund buying in this sector. Stocks like Easun Reyrolle, Eveready Ind were in demand.
Max India's stock gained more than 7 percent to Rs 227 on hopes of value unclocking in insurenace arm of the company. We see the stock doubling in the next 18 months. One can enetr in to the stock on some consolidation at current levels. There are no day trading ideas for today, as we think that it is a good idea to take a break from the markets once in a while
Auto stocks were in limelight on news reports that there will be a price hike by major manufacturers in the near term. Maruti. M&M and Tata Motors helped the sectoral index gain 1.45 percent for the day. Metals stocks took a breather yesterday as investors booked profits in Steel stocks.
We see banking stocks losing ground today after remaining week yesterday. We advice investors to trim their holdings in ICICI Bank and SBI for now, as they might get a good entry point at lower levels. Auto Ancilliary stocks were in demand as there was some fund buying in this sector. Stocks like Easun Reyrolle, Eveready Ind were in demand.
Max India's stock gained more than 7 percent to Rs 227 on hopes of value unclocking in insurenace arm of the company. We see the stock doubling in the next 18 months. One can enetr in to the stock on some consolidation at current levels. There are no day trading ideas for today, as we think that it is a good idea to take a break from the markets once in a while
Tuesday, November 24, 2009
Markets to Consolidate at current levels
Stocks on Dalal Street are likely to open flat to negative after two consecutive days of big gains. Even though the market has technically breached the 5,100 mark which is considered as a crucial level according to most of the chartists on the street, we believe that there is lot of resistance at these levels and big upside is ruled out, atleast for the current expiry
Yesterday's move in the markets was mainly due to the gains in big boys like Reliance and ITC. We have not seen broader participation in the market, which is a concerning factor. The Banking pack, which has performed well in the previous session, was subdued as investors booked profits in this space.
Select technology counters were on fire with the likes of HCL Tech and Patni registering decenet gains. HCL Tech gained more than 5 percent on the news of $200 million insurance order, while stake sale news helped Patni gain 5 percent to close at Rs 466. We recommend selling this stock at RS 478 level. Telecom story is worsening day by day with Bharti, Rel com and Idea losing ground even in a positive market. These stocks have become favorite destination for short sellers and further downside is not ruled out.
Mahindra Forgings, GMDC, Tata Sponge and Omnitech Info were among the stocks that have attracted investor attention on Monday. Mphasis is one stock that should be closely watched for traders looking to take a bullish stance. The stock has been hammered to Rs 690 level in the past few sessions and is looking over sold at these levels. One could look to buy the stock for a target of Rs 720
Yesterday's move in the markets was mainly due to the gains in big boys like Reliance and ITC. We have not seen broader participation in the market, which is a concerning factor. The Banking pack, which has performed well in the previous session, was subdued as investors booked profits in this space.
Select technology counters were on fire with the likes of HCL Tech and Patni registering decenet gains. HCL Tech gained more than 5 percent on the news of $200 million insurance order, while stake sale news helped Patni gain 5 percent to close at Rs 466. We recommend selling this stock at RS 478 level. Telecom story is worsening day by day with Bharti, Rel com and Idea losing ground even in a positive market. These stocks have become favorite destination for short sellers and further downside is not ruled out.
Mahindra Forgings, GMDC, Tata Sponge and Omnitech Info were among the stocks that have attracted investor attention on Monday. Mphasis is one stock that should be closely watched for traders looking to take a bullish stance. The stock has been hammered to Rs 690 level in the past few sessions and is looking over sold at these levels. One could look to buy the stock for a target of Rs 720
Monday, November 23, 2009
Reliance Watch
Reliance Industries has made "a preliminary non-binding offer" to acquire LyondellBasell, the world's third largest petrochemical company, based in Rotterdam, Netherlands for upto US$12bn
Bulls will hope for a bounce back at regular intervals during the interim rough patch being seen on the bourses. At the same time bears will continue to scout for money making opportunities. One should remain on guard as volatility could escalate ahead of Thursday’s F&O expiry. Don’t get hurt while the bull-bear tussle is on.
The Nifty is likely to oscillate between 5100 and 4900 depending on the newsflow and fund flows
For India, the big event will be Q2 GDP data, which will be released on Nov. 30. This will be followed by quarterly results and RBI's policy review in January and Budget in February.
Reliance Industries Ltd. (RIL) would be in the spotlight today after making a bid for LyondellBasell Industries.
Essar Oil Ltd. may also rise after a report that Royal Dutch Shell Plc is acquiring a 10% stake in the company as part of a deal to sell three refineries to the Indian company.
Sugar stocks will remain in focus after the Government dumped a controversial clause in the proposed sugar ordinance.
Bulls will hope for a bounce back at regular intervals during the interim rough patch being seen on the bourses. At the same time bears will continue to scout for money making opportunities. One should remain on guard as volatility could escalate ahead of Thursday’s F&O expiry. Don’t get hurt while the bull-bear tussle is on.
The Nifty is likely to oscillate between 5100 and 4900 depending on the newsflow and fund flows
For India, the big event will be Q2 GDP data, which will be released on Nov. 30. This will be followed by quarterly results and RBI's policy review in January and Budget in February.
Reliance Industries Ltd. (RIL) would be in the spotlight today after making a bid for LyondellBasell Industries.
Essar Oil Ltd. may also rise after a report that Royal Dutch Shell Plc is acquiring a 10% stake in the company as part of a deal to sell three refineries to the Indian company.
Sugar stocks will remain in focus after the Government dumped a controversial clause in the proposed sugar ordinance.
Friday, November 20, 2009
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Indian stock markets are likely to be under pressure on Friday for the second day in a row following a sea of red in global equity markets over night. Expect the benchmark index or the Sensex to shed another 100 points in today's session.
Metals stocks are likely to be hit very hard following a rise in the dollar and we predict this sector to react sharply in the event of a crash in the markets. Stay away from counters liek Sesa Goa, Sterlite Ind and Tata Steel for the time being. Realty stocks might take another round of beating after topping the losers list yesterday.
We advice investors to hold on to quality stocks and also book partial profits. We are likely to see a lower open probably by 30 points on the Nifty and we might see the market trading in a band there after. NDTV is the stock that is looking good at RS 134 levels after selling stake to U.S based Scripps network in NDTV Life Style.
We have seen some speculative moves in stocks like BPL, Raj Oil and Resurgere mines. We advice caution on these stocks. Investors who have entered these stocks at lower levels should get rid them on every raise from here on. Sugar companies look like a good 'short' at current levels after the Govt decision to raise the Sugarcane prices offered to the farmers. GVK Power and GMR Infra might offer some decent returns for bears, who would like to be on the short si
Metals stocks are likely to be hit very hard following a rise in the dollar and we predict this sector to react sharply in the event of a crash in the markets. Stay away from counters liek Sesa Goa, Sterlite Ind and Tata Steel for the time being. Realty stocks might take another round of beating after topping the losers list yesterday.
We advice investors to hold on to quality stocks and also book partial profits. We are likely to see a lower open probably by 30 points on the Nifty and we might see the market trading in a band there after. NDTV is the stock that is looking good at RS 134 levels after selling stake to U.S based Scripps network in NDTV Life Style.
We have seen some speculative moves in stocks like BPL, Raj Oil and Resurgere mines. We advice caution on these stocks. Investors who have entered these stocks at lower levels should get rid them on every raise from here on. Sugar companies look like a good 'short' at current levels after the Govt decision to raise the Sugarcane prices offered to the farmers. GVK Power and GMR Infra might offer some decent returns for bears, who would like to be on the short si
Wednesday, November 18, 2009
Stocks to open flat to negative on Dalal Street
(17-11-2009 14:12:28): Nifty opens flat to negative tommorrow -20 to -40seen on global also ............some buying support from traders betting on the possibility of the Nifty reaching 5200 mark soon.
Tuesday belonged to technology stocks with TCS and Wipro leading the charge. We see the technology stocks staying subdued for the day as they are likely to take a pause today.Oil and Gas counters might see some activity with Cairn Energy and ONGC poised to gain.
Midcap space continues to look interesting as investors and traders have shifted their focus to value plays. We are witnessing increased speculative activity in this space with stocks like Ajmera Realty and Orbit Corp registering double digit gains.Take Solutions gained 20 percent gain after it reported that its has signed up Wanbury Ltd for PharmaReady SPL solution suite. Midcap IT space was very active with Hexaware, Mastek and Kale Consultants showing good amount of activity in a flat market.
We recommend traders to watch out for stocks like Patni Computers which has under performed it's peers yesterday. Also, keep an eye on sugar stocks like Triveni Eng and Renuka Sugars from a short term perspective
Sell SATYAM BINDASS target below 100 no sl
Tuesday belonged to technology stocks with TCS and Wipro leading the charge. We see the technology stocks staying subdued for the day as they are likely to take a pause today.Oil and Gas counters might see some activity with Cairn Energy and ONGC poised to gain.
Midcap space continues to look interesting as investors and traders have shifted their focus to value plays. We are witnessing increased speculative activity in this space with stocks like Ajmera Realty and Orbit Corp registering double digit gains.Take Solutions gained 20 percent gain after it reported that its has signed up Wanbury Ltd for PharmaReady SPL solution suite. Midcap IT space was very active with Hexaware, Mastek and Kale Consultants showing good amount of activity in a flat market.
We recommend traders to watch out for stocks like Patni Computers which has under performed it's peers yesterday. Also, keep an eye on sugar stocks like Triveni Eng and Renuka Sugars from a short term perspective
Sell SATYAM BINDASS target below 100 no sl
Tuesday, November 17, 2009
Dont jump and buy
Indian markets are headed for a flat to positive on opening bell, as the indices look tired after a decent rally in the past 10 sessions. We expect the benchmark index or the Sensex to open higher by 50 points or so. There is a likelihood of selling coming in at higher levels, especially in the afternoon session
As expected Realty and Metal stocks were among the leaders, while Auto stocks were on a wild ride outperforming the rest of the sectors. We recommend booking profits in Realty and Auto stocks for now, after a surge in these stocks on Monday.Book profits in DLF and Unitech on every rise and last but least Suzlon is another stocks that is worth shorting at Rs 72 levels for a quick gain for Rs 2-3.
Asian Electronics and PNC were surprise winners among the midcaps with the former witnessing a huge block deal early in the day. Auto Ancilliary stocks were on fire as the stocks move in tandem with the rally in Auto stocks. Munjal Auto, Hi-Tech Gears and Amtek Auto were among the major gainers.
We recommend day traders to avoid going long in today's market. We suggest investors to stay out of the market for now, as we might see some volatility as there is uncertainty about the direction of the markets from here on. Traders who wants to play long could look at Patni Computers and Crompton Greaves among the quality names for small gains.Short sellers could look at taking advantage of the spike in Suzlon and EKC to make money if the market corrects.
As expected Realty and Metal stocks were among the leaders, while Auto stocks were on a wild ride outperforming the rest of the sectors. We recommend booking profits in Realty and Auto stocks for now, after a surge in these stocks on Monday.Book profits in DLF and Unitech on every rise and last but least Suzlon is another stocks that is worth shorting at Rs 72 levels for a quick gain for Rs 2-3.
Asian Electronics and PNC were surprise winners among the midcaps with the former witnessing a huge block deal early in the day. Auto Ancilliary stocks were on fire as the stocks move in tandem with the rally in Auto stocks. Munjal Auto, Hi-Tech Gears and Amtek Auto were among the major gainers.
We recommend day traders to avoid going long in today's market. We suggest investors to stay out of the market for now, as we might see some volatility as there is uncertainty about the direction of the markets from here on. Traders who wants to play long could look at Patni Computers and Crompton Greaves among the quality names for small gains.Short sellers could look at taking advantage of the spike in Suzlon and EKC to make money if the market corrects.
Monday, November 16, 2009
Markets headed in to a new orbit, Stocks to gain in early trade
The Indian stock market indices are headed for a major break out rally, as the Sensex looks to extend it's gains from last week. We expect the benchmark to gain more than a percent or nearly 200 points for the day.
Metal and IT stocks are likely to be on strong footing even after decent gains on Friday. But the Dark horse for the day might be Realty sector which was a loser shedding 0.9 percent in the previous trading session. We like stocks like DLF, HDIL and JP Associates for a quick trade.
We strongly believe that the euphoria in the market is going to continue for a while and there is a strong possibility that we might scale to new highs.Midcaps are clearly set to out perform the broader indices as there might be some fund interest returning in to these counters. Lyka Labs is one of the top gainers from last week and was locked in circuit, up by more than 20 percent. Clearwater Capital Partners, a major FII increase its stake in the company last week. Network 18, Exide Ind and Mukand Ltd were other gainers in this space.
Overall, another positive day for the stocks with some solid moves in Realty and Metal counters.We like KSK Energy, SREI Infra and last but not least Renuka Sugars for some short term gains.
Metal and IT stocks are likely to be on strong footing even after decent gains on Friday. But the Dark horse for the day might be Realty sector which was a loser shedding 0.9 percent in the previous trading session. We like stocks like DLF, HDIL and JP Associates for a quick trade.
We strongly believe that the euphoria in the market is going to continue for a while and there is a strong possibility that we might scale to new highs.Midcaps are clearly set to out perform the broader indices as there might be some fund interest returning in to these counters. Lyka Labs is one of the top gainers from last week and was locked in circuit, up by more than 20 percent. Clearwater Capital Partners, a major FII increase its stake in the company last week. Network 18, Exide Ind and Mukand Ltd were other gainers in this space.
Overall, another positive day for the stocks with some solid moves in Realty and Metal counters.We like KSK Energy, SREI Infra and last but not least Renuka Sugars for some short term gains.
Friday, November 13, 2009
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Stocks on Dalal Street are headed lower on the last trading day of the week, on negative global cues and lack of strong buying support at higher levels. Expect the benchmark index to give back close to one percent or nearly 150 points for the day.
As expected Metals and Realty stocks weighed on the markets yesterday. We see Banking and IT stocks to see some more profit booking today.We strongly believe that the rally in banks is over done considering the possibility of a rate increase in the beginning of the year.
We advice investors to take some money off the table from Auto sector. Although the outlook is great for the sector in the coming years, the run up has been vertical in these stocks and it is time to book profits. Book partial profits in Ashok Leyland, Tata Motors and M&M.
Midcaps remained active, especially WWIL, Advanta, Mahindra Ugine and Mcdowell Holdings. WWIL was locked in 20 percent circuit after the cabinet approved headend-in-the-sky (HITS), a system for multi-system operators to distribute television broadcast signals.Traders are better off to take today off, as the markets are likely to be choppy. It is a good idea to stay on the side lines and watch the show rather than taking stock in this kind of market.We recommend short selling, Tata Motors and Idea Cellular for traders who are willing to play in the markets today
As expected Metals and Realty stocks weighed on the markets yesterday. We see Banking and IT stocks to see some more profit booking today.We strongly believe that the rally in banks is over done considering the possibility of a rate increase in the beginning of the year.
We advice investors to take some money off the table from Auto sector. Although the outlook is great for the sector in the coming years, the run up has been vertical in these stocks and it is time to book profits. Book partial profits in Ashok Leyland, Tata Motors and M&M.
Midcaps remained active, especially WWIL, Advanta, Mahindra Ugine and Mcdowell Holdings. WWIL was locked in 20 percent circuit after the cabinet approved headend-in-the-sky (HITS), a system for multi-system operators to distribute television broadcast signals.Traders are better off to take today off, as the markets are likely to be choppy. It is a good idea to stay on the side lines and watch the show rather than taking stock in this kind of market.We recommend short selling, Tata Motors and Idea Cellular for traders who are willing to play in the markets today
Thursday, November 12, 2009
IIP data, inflation eyed
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Wednesday, November 11, 2009
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Stocks in the PSU sector continued to gain capitalizing as the disinvestment euphoria continued in the markets. This time around its was HMT and ITI's turn to spike. Metals and Oil and Gas were firm thanks to the falling dollar. We expect Realty stocks to recover in today's trade where as the Metals might take a breather after dollar bounced off lows today.
Austral Coke is one stock that is looking interesting among the smallcaps. The stock has seen lot of interest among speculative investors and is showing decent strength at RS 10 level. We recommend this as a high risk trade for traders who are looking at a quick 20 - 25 percent. Fertilizer stocks showed signs of like with FACT and Nag Fert leading the gainers. We see some more room in Nag Fert after a day of consolidation.
Our recommendation IVR Prime remained locked in 10 percent circuit for the second day in a row, following a share swap deal with IVRCL Infra. We recommend Usha Martin as a midcap idea at Rs 74 for a target of Rs 85 in the short run. Also one could look at stocks like Exide Ind, Ankur Drugs and Simbhaoli Sugars in the midcap space.
Overall momentum is with the bulls and investors are relatively less cautious than they were a week ago
Austral Coke is one stock that is looking interesting among the smallcaps. The stock has seen lot of interest among speculative investors and is showing decent strength at RS 10 level. We recommend this as a high risk trade for traders who are looking at a quick 20 - 25 percent. Fertilizer stocks showed signs of like with FACT and Nag Fert leading the gainers. We see some more room in Nag Fert after a day of consolidation.
Our recommendation IVR Prime remained locked in 10 percent circuit for the second day in a row, following a share swap deal with IVRCL Infra. We recommend Usha Martin as a midcap idea at Rs 74 for a target of Rs 85 in the short run. Also one could look at stocks like Exide Ind, Ankur Drugs and Simbhaoli Sugars in the midcap space.
Overall momentum is with the bulls and investors are relatively less cautious than they were a week ago
Tuesday, November 10, 2009
Markets on a roll, winning streak to continue for the indices
Investors look forward for another strong session after stocks put a good show on Dalal Street on Monday. We are expecting the Sensex to open nearly one percent higher for the day, following strong performance in the global equity markets.
Banking stocks dominated the trade on Monday and are likely to continue their up trend in to the morning session today. There has been fund buying in select Realty counters especially, Shoba developers which was locked in circuit. We have seen some strong operator activity in another Realty midcap Orbit Corp.
We expect Metals to outperform rest of the market in today's trade, thanks to a new 15-month low by the US dollar.Traders could bet on steel counters like Tata Steel, Ispat Ind and penny chasers could look at Lloyd Steel for quick gains. Kingfisher Air might gain early momentum on possible stake sale to PE firms and a possibility of increasing the FDI cap.
KPIT Cummins info is another stock that is looking hot in the current market. The stock gained more than 17 percent to make a new 52 week high of Rs 98.55. We recommend this stock for short term traders with risk appetite with a target of Rs 110.Cement and Telecom stocks are the two sectors that have under performed yesterday. We think cement is one sector that is worth looking at as the counters have not participated in the rally. Telecom stocks are likely to fare relatively better today. Edserv Systems, IVR Prime, Prajay Eng, Maytas Infra and GIC Housing are some of the stocks to watch out in today's trade
Banking stocks dominated the trade on Monday and are likely to continue their up trend in to the morning session today. There has been fund buying in select Realty counters especially, Shoba developers which was locked in circuit. We have seen some strong operator activity in another Realty midcap Orbit Corp.
We expect Metals to outperform rest of the market in today's trade, thanks to a new 15-month low by the US dollar.Traders could bet on steel counters like Tata Steel, Ispat Ind and penny chasers could look at Lloyd Steel for quick gains. Kingfisher Air might gain early momentum on possible stake sale to PE firms and a possibility of increasing the FDI cap.
KPIT Cummins info is another stock that is looking hot in the current market. The stock gained more than 17 percent to make a new 52 week high of Rs 98.55. We recommend this stock for short term traders with risk appetite with a target of Rs 110.Cement and Telecom stocks are the two sectors that have under performed yesterday. We think cement is one sector that is worth looking at as the counters have not participated in the rally. Telecom stocks are likely to fare relatively better today. Edserv Systems, IVR Prime, Prajay Eng, Maytas Infra and GIC Housing are some of the stocks to watch out in today's trade
Monday, November 9, 2009
Nifty Open flat
Stocks on Dalal Street are likely to kick off the week with a green tick after closing in green for the past 3 consecutive sessions. Expect the benchmark index or the Sensex to gain nearly 0.5 percent or 75 points. We do not expect a broad based rally, but we could see some stock specific activity
PSU's dominated the trade on Friday on the back of divestment news from the government. The sectoral index gained nearly 3.9 percent for the day and is likely to extend its gains to Monday. Realty and Metal stocks were firm. We have seen a flurry of activity in midcap Realty space and we advice long term investors to avoid this space as you might get a better entry point. Metal stocks are likely to hold their gains as the dollar continued its fall on hopes that the Fed would keep the rates unchanged for a prolonged period of time.
Sun Pharma Advanced Research was among the top gainers with a 16 percent gain thanks to some speculative buying and operator activity. The scrip closed at RS 88. We recommend investors to book profits at Rs 92 level, as this is a strong resistance for the stock. Reliance Ind Infra, TV Today Network, GHCL and Lanco Industries were among other gainers. RCF continues to gain for the second day in a row after a decent show on Thursday.It looks like investors have liked the idea of the company getting in to cement distribution business. STC and Dredging Corp were two other PSU's that spiked on hopes that they will be companies that will be divested in the first round of the process. It is prudent to trim your holdings in these stocks on another up move, as the divestment process might take couple of years from now.
Overall, a flat to positive day for the markets is in the offing. IVR Prime, Dhampur Sugars, Lanco Infra are some of the stocks that traders should watch out for in intra day trade.
PSU's dominated the trade on Friday on the back of divestment news from the government. The sectoral index gained nearly 3.9 percent for the day and is likely to extend its gains to Monday. Realty and Metal stocks were firm. We have seen a flurry of activity in midcap Realty space and we advice long term investors to avoid this space as you might get a better entry point. Metal stocks are likely to hold their gains as the dollar continued its fall on hopes that the Fed would keep the rates unchanged for a prolonged period of time.
Sun Pharma Advanced Research was among the top gainers with a 16 percent gain thanks to some speculative buying and operator activity. The scrip closed at RS 88. We recommend investors to book profits at Rs 92 level, as this is a strong resistance for the stock. Reliance Ind Infra, TV Today Network, GHCL and Lanco Industries were among other gainers. RCF continues to gain for the second day in a row after a decent show on Thursday.It looks like investors have liked the idea of the company getting in to cement distribution business. STC and Dredging Corp were two other PSU's that spiked on hopes that they will be companies that will be divested in the first round of the process. It is prudent to trim your holdings in these stocks on another up move, as the divestment process might take couple of years from now.
Overall, a flat to positive day for the markets is in the offing. IVR Prime, Dhampur Sugars, Lanco Infra are some of the stocks that traders should watch out for in intra day trade.
Friday, November 6, 2009
Decisive time for Nifty. Chances are fifty-fifty
Nifty starts trade on friday morning to a global bullish momentum lead by US stock markets on positive data. Dow Jones clocked a 200 point gain, its biggest one day gain since July.
Indian markets yesterday took a U-turn much to the dismay of the bears after government ordered all listed, profitable central public sector enterprises (CPSEs) to meet the mandatory listing norm of at least 10 per cent public ownership.
Prominent among PSU gainers include RCF, IFCI (rumours of stake sale). The momentum is likely to continue in the PSU space for some time while market is gearing towards another round of beating if technical analysts were to be believe. Traders are setting their eye on 4850 for Nifty, the most respected level in the 4000-5000 range.
FII's seem to be in the withdrawl mode from the last couple of weeks. We might expect a deeper correction this month coupled with a holiday filled december. We believe in the domestic story especially consumption driven sectors are likely to hog limelight in the years to come
Indian markets yesterday took a U-turn much to the dismay of the bears after government ordered all listed, profitable central public sector enterprises (CPSEs) to meet the mandatory listing norm of at least 10 per cent public ownership.
Prominent among PSU gainers include RCF, IFCI (rumours of stake sale). The momentum is likely to continue in the PSU space for some time while market is gearing towards another round of beating if technical analysts were to be believe. Traders are setting their eye on 4850 for Nifty, the most respected level in the 4000-5000 range.
FII's seem to be in the withdrawl mode from the last couple of weeks. We might expect a deeper correction this month coupled with a holiday filled december. We believe in the domestic story especially consumption driven sectors are likely to hog limelight in the years to come
Thursday, November 5, 2009
Time to take money Home
Bulls roared on Dalal Street on Wednesday, as positive global cues coupled bu short covering helped the Sensex regain the lost ground. Expect the benchmark index or the Sensex to consolidate after a big day of gains. We see the Sensex giving back close to a 0.8 to one percent or 200 points for the day.
Realty and Metal stocks which led the crash on Tuesday were major gainers on Wednesday's rebound. Jaiprakash Ind, DLF Lts, Hindalco, Unitech and Sterlite Ind were among the gainers in BSE-30 stocks. We advice investors to trim their holdings. especially in the Realty space as we believe that there is some more room to the down side for these stocks to look attractive.
One can expect some selling to come in, in the mid-cap space after a strong rebound yesterday. Excel Infoways, Educomp Solutions, Tips Ind, HDIL and India Cements topped the gainers charts. The direction of the market is really tough to predict from current levels. But it is safe to assume that bears have a strong hold on the market, and the bounce back we have seen may be a one time event.
It is going to be tough for the bulls to push the index up from here. We advise investors to trim their holdings and traders to play in small lots to avoid bigger losses.Overall, today might pan out to be another day in red. We recommend booking profits in Realty and speculative midcaps on any kind of up move
Realty and Metal stocks which led the crash on Tuesday were major gainers on Wednesday's rebound. Jaiprakash Ind, DLF Lts, Hindalco, Unitech and Sterlite Ind were among the gainers in BSE-30 stocks. We advice investors to trim their holdings. especially in the Realty space as we believe that there is some more room to the down side for these stocks to look attractive.
One can expect some selling to come in, in the mid-cap space after a strong rebound yesterday. Excel Infoways, Educomp Solutions, Tips Ind, HDIL and India Cements topped the gainers charts. The direction of the market is really tough to predict from current levels. But it is safe to assume that bears have a strong hold on the market, and the bounce back we have seen may be a one time event.
It is going to be tough for the bulls to push the index up from here. We advise investors to trim their holdings and traders to play in small lots to avoid bigger losses.Overall, today might pan out to be another day in red. We recommend booking profits in Realty and speculative midcaps on any kind of up move
Wednesday, November 4, 2009
Book nifty btst in good profits
Good news After 15 Nov ....BULL WELCOME
Stocks on Dalal Street look to recover after a crash on Tuesday.We expect the market to open in green atleast in the open on bargain hunting and a close in green is in question looking at the past few sessions
Jet Airways and RNRL were two stocks that looked strong even in a falling market. Rumors that the court decision will be in favor of ADAG has propelled the stock to Rs 72 intraday. The stock gave up most of its gains to close the day at RS 66.50.Indiabulls securities and Indiabulls financials, Godawari Power and Rolta were among the stocks that were under tremendous selling pressure and suffered double digit percentage losses.
It is really tough to be a bull in the current market as 9 out of 10 people on the street are bearish on the market. We strongly believe that the long term bull market is in tact and what we are witnessing is a consolidation phase, where we might see another 5 to 6 percent of correction, before an up move. So watch out for the 4300-4350 level to start accumulating stocks
Stocks on Dalal Street look to recover after a crash on Tuesday.We expect the market to open in green atleast in the open on bargain hunting and a close in green is in question looking at the past few sessions
Jet Airways and RNRL were two stocks that looked strong even in a falling market. Rumors that the court decision will be in favor of ADAG has propelled the stock to Rs 72 intraday. The stock gave up most of its gains to close the day at RS 66.50.Indiabulls securities and Indiabulls financials, Godawari Power and Rolta were among the stocks that were under tremendous selling pressure and suffered double digit percentage losses.
It is really tough to be a bull in the current market as 9 out of 10 people on the street are bearish on the market. We strongly believe that the long term bull market is in tact and what we are witnessing is a consolidation phase, where we might see another 5 to 6 percent of correction, before an up move. So watch out for the 4300-4350 level to start accumulating stocks
Tuesday, November 3, 2009
Markets look to break the losing streak
Auto stocks should be the leaders for the day after Auto major Maruti and Tata Motors reported better than expected sales numbers for the month of October. Expect decent gains in these stocks. Telecom sectors might witness a small bounce after Singapore Telecommunications has reported it intentions to buy additional 1.52 per cent stake in Bharti Airtel and will pay up to Rs 3008.4 crore for the stake.
First source IPO, Bartronics and Alkali Metals are some of the stocks that were really active in Friday's trade. We like the action in First Source as the stock gained more than 10 percent on huge volumes. One could look to build positions at Rs 33- Rs 34 level from a short term perspective. Dhampur Sugars is another stock that is looking interesting at Rs112 for a quick trade.
Overall a dull day for the markets. But do not expect a run away rally from these levels. There are is some selling pressure at higher levels. Most of the activity is likely to be stock specific from here on
First source IPO, Bartronics and Alkali Metals are some of the stocks that were really active in Friday's trade. We like the action in First Source as the stock gained more than 10 percent on huge volumes. One could look to build positions at Rs 33- Rs 34 level from a short term perspective. Dhampur Sugars is another stock that is looking interesting at Rs112 for a quick trade.
Overall a dull day for the markets. But do not expect a run away rally from these levels. There are is some selling pressure at higher levels. Most of the activity is likely to be stock specific from here on
Friday, October 30, 2009
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Thursday, October 29, 2009
Bears tighten their grip on Dalal Street, F&O expiry to be the key
Stocks on Dalal Street are likely to take a beating once again after taking a plunge on Monday. Expect the benchmark index or the Sensex to lose close to 1 percent or 150 points for the day. F&O expiry might influence the moves in the markets to a greater extent.
Asian markets tumbled in early trade as investors dumped equities.Japanese shares suffered broad losses in early Thursday trading in Tokyo, with oil and auto-maker shares among the bigger losers. Japan's Nikkei 225 Average fell by 2% to 9,873.95 sinking below 10,000 for the first time since and the Topix lost 1.5% to 875.47. Australia's ASX 100 lost more than a percent in early morning trades.
Signs of a weaker housing market and a gloomier outlook on the economy gave investors more reasons to dump stocks.The Dow Jones industrial average lost 119 points, or 1.2 percent, in its third straight triple-digit drop.The Standard & Poor's 500 index slid 20.78, or 2 percent, to 1,042.63. The Nasdaq dropped 56.48, or 2.7 percent, to 2,059.61.
We seen a great deal of resilience inspite of negative global cues yesterday.Rs to Realty and Tech stocks led the bounce where as the banking sector took a hit. We see some selling coming in, in the technology space today. We advice traders to stay out of the markets in this volatile environment. Today, being the F&O expiry date might increase the confusion about the direction of the markets.
Think Soft proved to be a great short idea yesterday, as the stock opened at Rs 215 and hit a low of RS 183 providing good opportunity for the shor sellers. We advice risk takers to go short in this scrip again at Rs 225 levels.The sugar story looks to sweetened, so book profits in Balrampur Chini and Bajaj Hindustan at current levels. Stay away from stocks like Educomp Solutions, Sasken Communications and HDIL as these are too risky to bet ahead of the quarterly results.
Asian markets tumbled in early trade as investors dumped equities.Japanese shares suffered broad losses in early Thursday trading in Tokyo, with oil and auto-maker shares among the bigger losers. Japan's Nikkei 225 Average fell by 2% to 9,873.95 sinking below 10,000 for the first time since and the Topix lost 1.5% to 875.47. Australia's ASX 100 lost more than a percent in early morning trades.
Signs of a weaker housing market and a gloomier outlook on the economy gave investors more reasons to dump stocks.The Dow Jones industrial average lost 119 points, or 1.2 percent, in its third straight triple-digit drop.The Standard & Poor's 500 index slid 20.78, or 2 percent, to 1,042.63. The Nasdaq dropped 56.48, or 2.7 percent, to 2,059.61.
We seen a great deal of resilience inspite of negative global cues yesterday.Rs to Realty and Tech stocks led the bounce where as the banking sector took a hit. We see some selling coming in, in the technology space today. We advice traders to stay out of the markets in this volatile environment. Today, being the F&O expiry date might increase the confusion about the direction of the markets.
Think Soft proved to be a great short idea yesterday, as the stock opened at Rs 215 and hit a low of RS 183 providing good opportunity for the shor sellers. We advice risk takers to go short in this scrip again at Rs 225 levels.The sugar story looks to sweetened, so book profits in Balrampur Chini and Bajaj Hindustan at current levels. Stay away from stocks like Educomp Solutions, Sasken Communications and HDIL as these are too risky to bet ahead of the quarterly results.
Wednesday, October 28, 2009
Markets look to recover after a steep fall
After reaction, its time for some action now. The market appears to have made a hasty exit just as the RBI tone signaled the beginning of the end of easy monetary policy. A few surprisingly hawkish steps and comments unveiled in the RBI’s mid-year policy review set the cat among the pigeons. A hike in SLR, some tightening of lending norms and hike in inflation expectation sent a clear message that the soft corner shown during the economic upheaval will no longer be available. But, the market may have overreacted. What made the matters worse were persistent weakness in global markets and a couple of less enthusiastic numbers.
So, expect a bounce back though the start may still be a nervous one due to mixed external trend. RIL will announce its results tomorrow and numbers could match expectations as there is usually some treasury gain to bank on. With F&O expiry just a day away, further short covering could set in. Nifty Nov futures managed to end at a slight premium to the spot Nifty price
We are of the opinion that the markets were ripe for correction and RBI meeting was just an excuse. Realty was a major loser as funds dumped the stocks in this sector. We advice investors to get rid of the stocks in this sector if there is a bounce back. Metals and Banking were also week and were among the major losers yesterday. Sesa Goa was down 12 percent and was a major loser on rumors that the the company is subjected to enquiry by Serious Fraud Investigation Unit. The company denied the rumors later. However,the stock is priced to perfection and should be avoilded now.
Think Soft Global is one stock that defied the market direction and managed to close up by 20 percent and was traders favorite on Tuesday. We see the stock gaining intial hours and provides a good short selling opportunities, if it goes above Rs 225. We see the market gaining in the first hour of trade providing good opportunity for the weak hearted to exit.PTC India, prime Securities, Fedders Lloyd and Zensar Technologies are some of the stocks to watch out in today's trade.
So, expect a bounce back though the start may still be a nervous one due to mixed external trend. RIL will announce its results tomorrow and numbers could match expectations as there is usually some treasury gain to bank on. With F&O expiry just a day away, further short covering could set in. Nifty Nov futures managed to end at a slight premium to the spot Nifty price
We are of the opinion that the markets were ripe for correction and RBI meeting was just an excuse. Realty was a major loser as funds dumped the stocks in this sector. We advice investors to get rid of the stocks in this sector if there is a bounce back. Metals and Banking were also week and were among the major losers yesterday. Sesa Goa was down 12 percent and was a major loser on rumors that the the company is subjected to enquiry by Serious Fraud Investigation Unit. The company denied the rumors later. However,the stock is priced to perfection and should be avoilded now.
Think Soft Global is one stock that defied the market direction and managed to close up by 20 percent and was traders favorite on Tuesday. We see the stock gaining intial hours and provides a good short selling opportunities, if it goes above Rs 225. We see the market gaining in the first hour of trade providing good opportunity for the weak hearted to exit.PTC India, prime Securities, Fedders Lloyd and Zensar Technologies are some of the stocks to watch out in today's trade.
Tuesday, October 27, 2009
Nifty Below 4950 As said yesterday
Book Nifty Stbt in good profits
Lower opening on Cards, All eyes on RBI
Unitech, Suzlon, DLF Ltd, Jaiprakash Associates and Idea Cellular were among the major losers among the NSE-50 space and these scrips might continue to extend their losses in to today's session. The new listing, Thinksoft Global Services closed at Rs 164.30 on the Bombay Stock Exchange on Monday, up 31.44 per cent against the issue price of Rs 125.This is the best performance by far, by any IPO in the current financial year.
We are headed for a lower open this morning and things might get worsen depending on central bank stance on the interest rate. We believe that there will be no change in the interest rates, but the bank might moot raising the CRR, which might spoil the mood. Any positive surprise might fuel a rally as lot of shorts will run for cover, if this happens.
Book profits in Think Soft, as the company is clearly over valued at current levels. Also, stay away from banks as they will be under tremendous selling pressure, barring some good news from the RBI.Abhishek Ind, Crompton Greaves, IFCI, Jet Airways, Reliance Power and RNRL are some of the stocks to watch out in today's trade, ahead of the earnings tomorrow
Lower opening on Cards, All eyes on RBI
Unitech, Suzlon, DLF Ltd, Jaiprakash Associates and Idea Cellular were among the major losers among the NSE-50 space and these scrips might continue to extend their losses in to today's session. The new listing, Thinksoft Global Services closed at Rs 164.30 on the Bombay Stock Exchange on Monday, up 31.44 per cent against the issue price of Rs 125.This is the best performance by far, by any IPO in the current financial year.
We are headed for a lower open this morning and things might get worsen depending on central bank stance on the interest rate. We believe that there will be no change in the interest rates, but the bank might moot raising the CRR, which might spoil the mood. Any positive surprise might fuel a rally as lot of shorts will run for cover, if this happens.
Book profits in Think Soft, as the company is clearly over valued at current levels. Also, stay away from banks as they will be under tremendous selling pressure, barring some good news from the RBI.Abhishek Ind, Crompton Greaves, IFCI, Jet Airways, Reliance Power and RNRL are some of the stocks to watch out in today's trade, ahead of the earnings tomorrow
Monday, October 26, 2009
Mid cap banking in Pressure
The Nifty could swing in a 5000-5100 range in the near term. On the downside, watch out for 4940 and 4825.
Banks will be in the limelight ahead of tomorrow’s RBI policy review
Looks like the bulls are suffering from fatigue after a seven-month rally. Most of the good news appears to have been discounted. The road ahead will be a little bumpy as the bulls look for incremental positive news. Today we expect the market to open on a cautious note
Monday is likely to be a busy day as a lot of companies are reporting results. Some of the companies to watch are Bharti Shipyard, Dabur India, Empee Distilleries, GMR Infra, Harrison Malayalam and Kalindee rail are some of the stocks to keep a close eye on. Overall, not a great day for bulls. But do not go short in the market, as we believe that the market is likely to recover from a gap down open
We like Jubilant at current levels as the company guidance for 2010 is great and there might be a short term trigger for the scrip, as the company plans to divest a part of ist speciality chemical business in the coming days. We recommend a buy n the stock after some consolidation at Rs 225 levels.
Banks will be in the limelight ahead of tomorrow’s RBI policy review
Looks like the bulls are suffering from fatigue after a seven-month rally. Most of the good news appears to have been discounted. The road ahead will be a little bumpy as the bulls look for incremental positive news. Today we expect the market to open on a cautious note
Monday is likely to be a busy day as a lot of companies are reporting results. Some of the companies to watch are Bharti Shipyard, Dabur India, Empee Distilleries, GMR Infra, Harrison Malayalam and Kalindee rail are some of the stocks to keep a close eye on. Overall, not a great day for bulls. But do not go short in the market, as we believe that the market is likely to recover from a gap down open
We like Jubilant at current levels as the company guidance for 2010 is great and there might be a short term trigger for the scrip, as the company plans to divest a part of ist speciality chemical business in the coming days. We recommend a buy n the stock after some consolidation at Rs 225 levels.
Friday, October 23, 2009
Pay back time for the bears, Stocks poised to surge
Bulls are all set to go for a kill on opening bell after a terrible day yesterday
As mention yesterday Nifty close above 4980 is good ,result is in front of you today
Bang overseas is one stock that is looking interesting in a disappointing market. The stock after falling to a 52 week low of Rs 43 hit two consecutive circuits to end the day at Rs 58. Cambridge Solutions, Finolex Cables and Granules India were other stocks that remained strong and stood out in the falling market.
3i infotech Ltd is one stock to keep a close eye on ahead of the quarterly numbers. The stock looks attractive at Rs 93 and might provide a positive upside with its quarterly numbers. Expect a target of Rs 110, on this stock if all goes well.Alpha Geo, Core Projects and Dr Reddy Labs are some other stocks to watch out in today's trade.
Overall, it might pan out to be a great day for the bulls after a free fall for the past few days. We recommend short term traders and investors to buy stocks as there is likely hood for short term rally in the markets and who knows, a new 52 week high for Sensex might be in the offing for the Sensex next week
As mention yesterday Nifty close above 4980 is good ,result is in front of you today
Bang overseas is one stock that is looking interesting in a disappointing market. The stock after falling to a 52 week low of Rs 43 hit two consecutive circuits to end the day at Rs 58. Cambridge Solutions, Finolex Cables and Granules India were other stocks that remained strong and stood out in the falling market.
3i infotech Ltd is one stock to keep a close eye on ahead of the quarterly numbers. The stock looks attractive at Rs 93 and might provide a positive upside with its quarterly numbers. Expect a target of Rs 110, on this stock if all goes well.Alpha Geo, Core Projects and Dr Reddy Labs are some other stocks to watch out in today's trade.
Overall, it might pan out to be a great day for the bulls after a free fall for the past few days. We recommend short term traders and investors to buy stocks as there is likely hood for short term rally in the markets and who knows, a new 52 week high for Sensex might be in the offing for the Sensex next week
Thursday, October 22, 2009
Reality Space weak
We see the market opening lower followed by a dip of nearly 200 points. Do not short this market, as we believe that there will be a rebound in the later half of the day, as we have been sliding for the past few days.
Allahabad Bank, Bhushan Steel, Biocon Ltd, Hanung Toys and Global Spirits are some of the stocks that are worth keeping on the radar ahead of the earning reports
CAIRN on Radar
ONLY Above 5080 Nifty Bulls take charge
Allahabad Bank, Bhushan Steel, Biocon Ltd, Hanung Toys and Global Spirits are some of the stocks that are worth keeping on the radar ahead of the earning reports
CAIRN on Radar
ONLY Above 5080 Nifty Bulls take charge
Wednesday, October 21, 2009
Book nifty Stbt with Profits
Hpcl to Rock
Stocks on Dalal Street are likely to trade in a narrow band after taking beating due to the feud between the Ambani brothers. Expect the Sensex to trade within a band of 50 to 60 points as we do not see any decisive move in one direction in the near term
We recommend staying away from Realty and Banking stocks in the short term, as we believe that they have run up too much and too fast.
Tech Mahindra is likely to be under severe pressure today after reporting disappointing numbers with profits down more than 44 percent for the quarter. The company's new acquisition Satyam computers is now under the gun as the company might be delisted from NYSE for not filing its quarterly reports.we do not think it is a possibility. We recommend shorting Tech Mahindra at Rs 941 for decent profit.
Midcap space remained in limelight even on a down day. XPRO India, Pritish Nandy Communications, Welspun India and Hexaware Technology and Bajaj Hindustan were among major gainers yesterday. As recommended the new listing Euro Multivision remained subdued and lost more than 6 percent to close at Rs 41.
Allahabad Bank, Bhushan Steel, Edserv Systems, Hanung Toys and Larse Toubro are some of the stocks to keep an eye on for today's trade.Yes Bank is another stock that is in a new range at Rs 254. The stock gained more than 4.8 percent after investment bank Morgan Stanley came out with a bullish note on the stock
Stocks on Dalal Street are likely to trade in a narrow band after taking beating due to the feud between the Ambani brothers. Expect the Sensex to trade within a band of 50 to 60 points as we do not see any decisive move in one direction in the near term
We recommend staying away from Realty and Banking stocks in the short term, as we believe that they have run up too much and too fast.
Tech Mahindra is likely to be under severe pressure today after reporting disappointing numbers with profits down more than 44 percent for the quarter. The company's new acquisition Satyam computers is now under the gun as the company might be delisted from NYSE for not filing its quarterly reports.we do not think it is a possibility. We recommend shorting Tech Mahindra at Rs 941 for decent profit.
Midcap space remained in limelight even on a down day. XPRO India, Pritish Nandy Communications, Welspun India and Hexaware Technology and Bajaj Hindustan were among major gainers yesterday. As recommended the new listing Euro Multivision remained subdued and lost more than 6 percent to close at Rs 41.
Allahabad Bank, Bhushan Steel, Edserv Systems, Hanung Toys and Larse Toubro are some of the stocks to keep an eye on for today's trade.Yes Bank is another stock that is in a new range at Rs 254. The stock gained more than 4.8 percent after investment bank Morgan Stanley came out with a bullish note on the stock
Tuesday, October 20, 2009
Time to Earn Not to loose
Investors are advised to focus on stocks related to oil after Oil topped $79 a barrel, extending its longest winning streak in two years.On Nymex Crude oil for November delivery rose $1.01, or 1.3 percent, to $79.54 a barrel. Watch out for stocks like Cairn India, Oil India and Shiv-Vani Oil exploration.
Escorts is one stock that is looking interesting on the charts. The stock has clocked a volume of nearly 3.5 million shares and has gained 8 percent in the Muhurat session. There are rumors of the company unlocking value in the land bank it owns. Shree Precoated Steels was another counter that saw heavy trading in the one hour session on Saturday. The stock spiked more than 12 percent with more than a million shares traded in the counter. Definitely a stock to keep on the radar.
New listing Euro Multivision has seen some life after getting clobbered to mid 40 level after issuing stock at an IPO price of Rs 75. The stock gained more than 7 percent for the day. We recommend traders to play in this stock from a speculative stand point as there are the company is fundamentally weak.
Polaris will be in deck today and is likely to report Q2 numbers in line with expectations. Meanwhile NIIT technologies declared great numbers for the quarter registering more than 25 percent growth year on year. Sterlite Technologies and Apollo Tyres are other stocks to watch out. We recommend traders to Buy Omnitech Info and Agrotech Foods ahead of their numbers later this week
Escorts is one stock that is looking interesting on the charts. The stock has clocked a volume of nearly 3.5 million shares and has gained 8 percent in the Muhurat session. There are rumors of the company unlocking value in the land bank it owns. Shree Precoated Steels was another counter that saw heavy trading in the one hour session on Saturday. The stock spiked more than 12 percent with more than a million shares traded in the counter. Definitely a stock to keep on the radar.
New listing Euro Multivision has seen some life after getting clobbered to mid 40 level after issuing stock at an IPO price of Rs 75. The stock gained more than 7 percent for the day. We recommend traders to play in this stock from a speculative stand point as there are the company is fundamentally weak.
Polaris will be in deck today and is likely to report Q2 numbers in line with expectations. Meanwhile NIIT technologies declared great numbers for the quarter registering more than 25 percent growth year on year. Sterlite Technologies and Apollo Tyres are other stocks to watch out. We recommend traders to Buy Omnitech Info and Agrotech Foods ahead of their numbers later this week
Monday, October 19, 2009
Diwali Dhamaka Picks
We expect companies like Sadbhav Engineering, HCC, NCC, IRB Infrastructure and C & C Construction, Gujarat Apollo equipments will benefit from this planned investment in roads and highways. Of these, IRB Infrastructure is our top pick
GAIL, GSPL and Gujarat Gas are the companies which are into gas transmission in India. Our top pick is GSPL- A Pipeline Company which is at the right place; at the right time.
CMC, Rolta, KLG Systel, NIIT, Wipro and Genesys are some the companies active in the space. Our top pick is Gnesys International:
Others Like Ceat,Canarabank,Bank of Baroda,Suzlon Ahluwalia Contracts India can be added too
GAIL, GSPL and Gujarat Gas are the companies which are into gas transmission in India. Our top pick is GSPL- A Pipeline Company which is at the right place; at the right time.
CMC, Rolta, KLG Systel, NIIT, Wipro and Genesys are some the companies active in the space. Our top pick is Gnesys International:
Others Like Ceat,Canarabank,Bank of Baroda,Suzlon Ahluwalia Contracts India can be added too
Friday, October 16, 2009
Markets to trade in a narrow band, Midcaps to dominate
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Bears below 5085 levels only
Stocks in Mumbai are likely to open flat but trade in a narrow band for most of the day as there is a tug of war going on between the bulls and the bears. Some investors are booking profits after the Sensex has more than doubled since its March lows, where as the money sitting on the sidelines is helping things towards the bulls camp.
Meanwhile midcaps remained in the spot light, as it has been the case for most of the year. Transport Corporation of India, Banco Products, Apollo Tyres and Escorts were some of the stocks that were among the top gainers on huge volume. We like Transport Corp and Escorts in this space. Satyam Computers was another stock that showed great deal of activity. The stock surged more than 7 percent to finish at Rs 117. We do not recommend buying the scrip at current levels. Traders could keep Excel Infoways, TV 18 and NIIT Technologies on their radar ahead of the quarterly numbers
Get Stock/Nifty calls on messenger and Sms
Bears below 5085 levels only
Stocks in Mumbai are likely to open flat but trade in a narrow band for most of the day as there is a tug of war going on between the bulls and the bears. Some investors are booking profits after the Sensex has more than doubled since its March lows, where as the money sitting on the sidelines is helping things towards the bulls camp.
Meanwhile midcaps remained in the spot light, as it has been the case for most of the year. Transport Corporation of India, Banco Products, Apollo Tyres and Escorts were some of the stocks that were among the top gainers on huge volume. We like Transport Corp and Escorts in this space. Satyam Computers was another stock that showed great deal of activity. The stock surged more than 7 percent to finish at Rs 117. We do not recommend buying the scrip at current levels. Traders could keep Excel Infoways, TV 18 and NIIT Technologies on their radar ahead of the quarterly numbers
Thursday, October 15, 2009
No stopping for the bulls, the up move continues
The stock of Glenmark Pharma might hit a bump on the news that it received a warning letter from USFDA for the Codeine drug.
Euro Ceramics, Balaji Telefilms,Hitachi Home and Raj TV are some of the stock to watch closely ahead of their quarterly numbers.Even though the investors are skittish on the kind of run up we have seen,the earnings have beaten the market and the guidance till now has been good. We expect the bull run to continue for another week. So traders can place their bets, while investors could wait for a pull back.
BULLS BEHIND CAIRN
Risk appetite is showing no sign of abating as of now. Every fall, irrespective of its intensity is likely to entice fresh buying. The downside appears to be limited unless something horribly goes wrong in some part of the world.
Let Celebrate Nifty 5200 in Coming days
Euro Ceramics, Balaji Telefilms,Hitachi Home and Raj TV are some of the stock to watch closely ahead of their quarterly numbers.Even though the investors are skittish on the kind of run up we have seen,the earnings have beaten the market and the guidance till now has been good. We expect the bull run to continue for another week. So traders can place their bets, while investors could wait for a pull back.
BULLS BEHIND CAIRN
Risk appetite is showing no sign of abating as of now. Every fall, irrespective of its intensity is likely to entice fresh buying. The downside appears to be limited unless something horribly goes wrong in some part of the world.
Let Celebrate Nifty 5200 in Coming days
Wednesday, October 14, 2009
Nifty Btst book around 5090-5100
Vivimed Labs hit 10 percent circuit at Rs 114 after a hedge fund arm of Reliance Cap picked up major stake in the company and reports are out that the company might come up with a preferential offer soon. Expect few more circuits.
Gokul Refoils and TTK Prestige were among the major gainers as the investors flocked these counters on hopes that they will report good numbers this week. Reliance Communications at Rs 247 might come under tremendous pressure after an independent auditor set up by the Department of Telecom to examine the accounts of Reliance Communications has concluded that the company has under-reported revenues of Rs 2,799 crore to the Government resulting in under-payment of Rs 315 crore as licence fee and spectrum charges during 2006-08. Stay away from the stock.
The market is likely to open high and might trade up at least in the morning session. We expect Bulls to dominate the market. Expect brisk activity in Reliance Communications. As we have mentioned before , do not go short in this market. We believe the markets will continue their up trend today and bulls might take the opportunity to make their presence felt.
Gokul Refoils and TTK Prestige were among the major gainers as the investors flocked these counters on hopes that they will report good numbers this week. Reliance Communications at Rs 247 might come under tremendous pressure after an independent auditor set up by the Department of Telecom to examine the accounts of Reliance Communications has concluded that the company has under-reported revenues of Rs 2,799 crore to the Government resulting in under-payment of Rs 315 crore as licence fee and spectrum charges during 2006-08. Stay away from the stock.
The market is likely to open high and might trade up at least in the morning session. We expect Bulls to dominate the market. Expect brisk activity in Reliance Communications. As we have mentioned before , do not go short in this market. We believe the markets will continue their up trend today and bulls might take the opportunity to make their presence felt.
Monday, October 12, 2009
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RNRL at Rs 83 is our favorite for the day, as the a potential settlement with RIL is likely looking at the recent news reports of Anil calling for truce
As expected the Sensex has given up some gains from the week before by losing 2.5%. We expect the benchmark to consolidate here, although small gains are not ruled out in the short term. We see some more upside from these levels, but do not expect another 100 percent gains from here. So the tone remains cautiously optimistic but do not expect whopping gains. Please do not go short in the market, as we think that we are not done with this rally. So, one should hold on to quality stocks and ride the rally for some more time. The easy money has already been made and now it is time for quality stock picking.
Hotel stocks were on Friday on news that a big FII is active in these counters
Nifty above 4900 is Bulls
As expected the Sensex has given up some gains from the week before by losing 2.5%. We expect the benchmark to consolidate here, although small gains are not ruled out in the short term. We see some more upside from these levels, but do not expect another 100 percent gains from here. So the tone remains cautiously optimistic but do not expect whopping gains. Please do not go short in the market, as we think that we are not done with this rally. So, one should hold on to quality stocks and ride the rally for some more time. The easy money has already been made and now it is time for quality stock picking.
Hotel stocks were on Friday on news that a big FII is active in these counters
Nifty above 4900 is Bulls
Friday, October 9, 2009
Infosys Good Results as Said Yesterday
Mumbai markets might turn volatile today as investors get ready to face the earnings report from IT bell weather Infosys Technologies. Stocks are headed for slightly positive open but Infosys might attract all attention and is likely to set the tone for the trend on Dalal Street. Today is a good day for the traders to stay on the side lines
There are rumors in the market that a big FII has a short position in Nifty futures and is probably manipulating the moves in the market.
We are 'Neutral' on Infosys stock before the quarterly numbers.Given a chance, we would side with the bears on this stock at Rs 2210.00. The stock had a decent run and the positives are probably priced in to stock. So stay away from this stock for now.
The so called 'honey moon' period for Midcaps is still in progress with speculators still active in the market.Gammon Ind, W.S.Industries, Sun Pharma Research and Tantia Constructions were among the gainers in yesterday'strade. Mercator Lines jumped nearly 10 percent as the Baltic Index continued to gain for the third day in a row.Infosys, Piramal Life, South Indian Bank and Madhucon projects are the stocks that the traders should watch out from a day trading perspective. We advice traders to stay away from the market today, as we might witness wild swings.
There are rumors in the market that a big FII has a short position in Nifty futures and is probably manipulating the moves in the market.
We are 'Neutral' on Infosys stock before the quarterly numbers.Given a chance, we would side with the bears on this stock at Rs 2210.00. The stock had a decent run and the positives are probably priced in to stock. So stay away from this stock for now.
The so called 'honey moon' period for Midcaps is still in progress with speculators still active in the market.Gammon Ind, W.S.Industries, Sun Pharma Research and Tantia Constructions were among the gainers in yesterday'strade. Mercator Lines jumped nearly 10 percent as the Baltic Index continued to gain for the third day in a row.Infosys, Piramal Life, South Indian Bank and Madhucon projects are the stocks that the traders should watch out from a day trading perspective. We advice traders to stay away from the market today, as we might witness wild swings.
Thursday, October 8, 2009
It is 'Bonus time' for Bulls
Stocks are likely to have a stronger open in the first hour of trade, as buyers might get back to the market after a day of correction. Bonus news from Reliance and positive sentiment following better than expected quarterly numbers from global major Alcoa are likely to provide the much needed trigger for the bulls
Reliance Ind (Rs2,100) came up with a pleasant surprise after the market hours by announcing a 1:1 bonus issue. This is likely to boost the stock by more than 5 percent for the day. We recommend investors to sell the stock at any price above Rs 2,250.00, as we see it as a short term trigger for the stock.
Zee Enterprises is another stock that looks attractive at these valuations (Rs 243). The company looks attractive at these levels, as things are going well for the company in many ways. Zee TV nudged Star Plus to take the second spot among the general entertainment channels.
Second rung counters continued to gain even in a falling market. Glory Poly Films, Onward Technologies, Brand House Retail and Yes Bank were among the briskly traded stocks. Godrej Ind crossed the Rs 200 mark as investors bid up the shares ahead of Godrej Properties IPO. We are of the opinion that the sell off in the market yesterday, on concerns of falling rupee is clearly over done and short term traders should use this correction to buy the dips, as the trend favors bulls in the short term
Reliance Ind (Rs2,100) came up with a pleasant surprise after the market hours by announcing a 1:1 bonus issue. This is likely to boost the stock by more than 5 percent for the day. We recommend investors to sell the stock at any price above Rs 2,250.00, as we see it as a short term trigger for the stock.
Zee Enterprises is another stock that looks attractive at these valuations (Rs 243). The company looks attractive at these levels, as things are going well for the company in many ways. Zee TV nudged Star Plus to take the second spot among the general entertainment channels.
Second rung counters continued to gain even in a falling market. Glory Poly Films, Onward Technologies, Brand House Retail and Yes Bank were among the briskly traded stocks. Godrej Ind crossed the Rs 200 mark as investors bid up the shares ahead of Godrej Properties IPO. We are of the opinion that the sell off in the market yesterday, on concerns of falling rupee is clearly over done and short term traders should use this correction to buy the dips, as the trend favors bulls in the short term
Wednesday, October 7, 2009
Book nifty BTST in good Profits
FROM LAST TWO DAYS WE RECOMANDATE TO BUY ON DIPS.MATKET GAVE CONTINOUS 2 DAYS OPERTUNITY TO BUY.WHEN WHOLE INDIA IN SHORT WE ARE IN BUY FROM DIP.AND GOT A VERY GOOD RETURNS.
Be Bulls above 5050 levels and Bear below 5005
HOT PICK:
BUY BGRENERGY ABOVE 452 SL 440 target for CLIENTS
BUY PUNJLLOYD ABOVE 265 SL 260 TARGET
275=290
We recommend owning Metal stocks in today's trade, as we believe there is a likely hood of a run up in the commodity prices on the weakness in dollar.SAIL and Hindalco are our picks in this sector and Adhunik Metaliks might offer decent return for risk takers. Jet Airways gained for the second day in a row and now it is time to book some profits in this stock at Rs 425 levels.
Second rung counters IT companies like FCS Software, Omnitech Info and 3i Infotech were active in yesterday's trade and we advice investors to book profits in FCS Software at Rs 115 levels. Investors with risk appetite could look at the stock of Energy Development at Rs 75 level for quick gains.Day traders could keep Mastek and Advanta on their radars for quick gains.
Be Bulls above 5050 levels and Bear below 5005
HOT PICK:
BUY BGRENERGY ABOVE 452 SL 440 target for CLIENTS
BUY PUNJLLOYD ABOVE 265 SL 260 TARGET
275=290
We recommend owning Metal stocks in today's trade, as we believe there is a likely hood of a run up in the commodity prices on the weakness in dollar.SAIL and Hindalco are our picks in this sector and Adhunik Metaliks might offer decent return for risk takers. Jet Airways gained for the second day in a row and now it is time to book some profits in this stock at Rs 425 levels.
Second rung counters IT companies like FCS Software, Omnitech Info and 3i Infotech were active in yesterday's trade and we advice investors to book profits in FCS Software at Rs 115 levels. Investors with risk appetite could look at the stock of Energy Development at Rs 75 level for quick gains.Day traders could keep Mastek and Advanta on their radars for quick gains.
Tuesday, October 6, 2009
Book btst Nifty on Time
Jet Airways remained strong even in a weak market as the company is planning to restructure its debt and might make a private placement soon. The stock gained 13 percent for the day on huge volumes. We recommend a 'Hold' on this stock. Stocks like Koutons Retail and Adhunik Metals gained on strong operator activity and these two stocks are likely to move sideways before resuming their upward journey.
We like banking stocks for today's trade. Investors could bet on quality banking names like ICICI Bank and Axis Bank. Traders could look at private banks like Dhanalakshmi Bank, Yes Bank and DCB for quick gains. Infosys Technologies is likely to see brisk trade ahead of the results later this week. Overall, a positive day for the stocks is in the offing with bulls in the drivers seat.
We like banking stocks for today's trade. Investors could bet on quality banking names like ICICI Bank and Axis Bank. Traders could look at private banks like Dhanalakshmi Bank, Yes Bank and DCB for quick gains. Infosys Technologies is likely to see brisk trade ahead of the results later this week. Overall, a positive day for the stocks is in the offing with bulls in the drivers seat.
Monday, October 5, 2009
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We expect a soft opening due to weak global cues
We are of the opinion that the Indian markets are getting decoupled form the US markets as the FII interest has gone up in the past few months. Investors might take a pause after seeing the Sensex double in nearly 6 months. So there might be a reality check after the Sensex scaled to new 52 week high last week. The coming week might set the tone for the rest of the quarter with Infosys and some other key companies set to report their quarterly numbers. We believe that the better earnings are already baked in to the stock prices and we need to see some exceptional numbers to build on the gains we have seen.To keep it simple, the ride for the bulls will get tough as the the bar is set high for the upcoming earnings season.
3i infotech was among the most active stocks on Thursday and finished off the day with double digit gains. It is worth noting that LIC has picked up close to a million shares of this company last week. Visa Steel and NIIT are some other counters that have witnessed huge volumes and some speculative activity. Shiv-Vani Oil, Prism Cement and Advanta India are some of the stocks that are likely to see brisk trading on Monday. Overall, not a great day for the bulls, but do not go short as things might change any moment.
We are of the opinion that the Indian markets are getting decoupled form the US markets as the FII interest has gone up in the past few months. Investors might take a pause after seeing the Sensex double in nearly 6 months. So there might be a reality check after the Sensex scaled to new 52 week high last week. The coming week might set the tone for the rest of the quarter with Infosys and some other key companies set to report their quarterly numbers. We believe that the better earnings are already baked in to the stock prices and we need to see some exceptional numbers to build on the gains we have seen.To keep it simple, the ride for the bulls will get tough as the the bar is set high for the upcoming earnings season.
3i infotech was among the most active stocks on Thursday and finished off the day with double digit gains. It is worth noting that LIC has picked up close to a million shares of this company last week. Visa Steel and NIIT are some other counters that have witnessed huge volumes and some speculative activity. Shiv-Vani Oil, Prism Cement and Advanta India are some of the stocks that are likely to see brisk trading on Monday. Overall, not a great day for the bulls, but do not go short as things might change any moment.
Thursday, October 1, 2009
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THIS MONTH IS VERY INTERESTING ............. TELLING IN ADVANCE ...NOTE DOWN
The Indian markets are likely to open lower on Thursday following a rally in the stock market indices yesterday
We do not see any threat to the run as long as we manage to stay above 16,950.00 on a closing basis.
The stock of Bharti Airtel might be under focus after the deal with MTN fell through after the South African Government did not give its approval to the pact.we do not see much impact on the stock price, but believe that this is a lost opportunity for the telecom major to make it big and have a global foot print
Watch out for oil related stocks like Cairn Energy and Shiv-Vani Oil following a rally in global crude prices. Nova Petrochem is another stock to watch closely as the news of demerger is pending next week. This stock has more room for upside at the current level of Rs 28.
The Indian markets are likely to open lower on Thursday following a rally in the stock market indices yesterday
We do not see any threat to the run as long as we manage to stay above 16,950.00 on a closing basis.
The stock of Bharti Airtel might be under focus after the deal with MTN fell through after the South African Government did not give its approval to the pact.we do not see much impact on the stock price, but believe that this is a lost opportunity for the telecom major to make it big and have a global foot print
Watch out for oil related stocks like Cairn Energy and Shiv-Vani Oil following a rally in global crude prices. Nova Petrochem is another stock to watch closely as the news of demerger is pending next week. This stock has more room for upside at the current level of Rs 28.
Wednesday, September 30, 2009
Time to Prepare yourself
The opening moments will be dominated more by Oil India’s listing. The market will be keen to see how the stock behaves after a tepid debut for Adani Power and NHPC. We expect another positive start though Asian stock markets are mixed after overnight losses on Wall Street. If global cues remain indecisive the market might just turn choppy again being a curtailed week
Short term traders are advised to play in Midcaps as this space continues to outperform the rest of the market and is likely to ignore the market trend. India Cements might be active on the bourses on the company's plans to invest Rs 500 crore in two 50 MW power plants. Investors with some risk appetite could look at accumulating fertilizer stocks like Nagarjuna Fert and Chambal Fertilizers as we believe that there will be a run up in these stocks in the case of a rally beyond 17,000 on the Sensex
Two Consecutive Close Above...16990.50 Mark........Will Take BSE SENSEX....More Higher....And One Can Expect a Levels
Short term traders are advised to play in Midcaps as this space continues to outperform the rest of the market and is likely to ignore the market trend. India Cements might be active on the bourses on the company's plans to invest Rs 500 crore in two 50 MW power plants. Investors with some risk appetite could look at accumulating fertilizer stocks like Nagarjuna Fert and Chambal Fertilizers as we believe that there will be a run up in these stocks in the case of a rally beyond 17,000 on the Sensex
Two Consecutive Close Above...16990.50 Mark........Will Take BSE SENSEX....More Higher....And One Can Expect a Levels
Tuesday, September 29, 2009
Nifty Btst will Rock
Stocks on Dalal Street are ready get back in to rally mode, after losing ground in the past week. Expect the benchmark index or the Sensex to gain one percent or 160 points to close at 16,850.00 level, giving it a shot at surpassing the 17,000 mark in the sessions to come
We like pharma space in today's trade. Lupin is likely to put up a strong show after acquiring US rights for Anatara a anti-cholestrol drug from US based Oscient Pharma.Dr Reddy is our favorite for the day even after surging 11 percent on Friday. This stock has a long way to go from here and we expect a some MNC picking up substantial stake in this bluechip. We see a target of Rs 1300 on this stock int he short run.
Midcaps space is ready to fire some cylinders once again after putting on a good show even in a falling market. L.T Foods, Kalindee Rail, Oswal Chemicals,Orchid Chemicals and GTL Infra were among the leaders. We like GTL Infra from a speculative stand point for day trades as the stock looks poised for a strong move for the second day in a row.
Midcap IT space looks poised for an up move with Satyam,Polaris, Aftek Ltd and Mindtree in the lead. Investors should watch out for stocks like Amar Remedies, Gokul Refoils and Renuka Sugars for some quick gains
We like pharma space in today's trade. Lupin is likely to put up a strong show after acquiring US rights for Anatara a anti-cholestrol drug from US based Oscient Pharma.Dr Reddy is our favorite for the day even after surging 11 percent on Friday. This stock has a long way to go from here and we expect a some MNC picking up substantial stake in this bluechip. We see a target of Rs 1300 on this stock int he short run.
Midcaps space is ready to fire some cylinders once again after putting on a good show even in a falling market. L.T Foods, Kalindee Rail, Oswal Chemicals,Orchid Chemicals and GTL Infra were among the leaders. We like GTL Infra from a speculative stand point for day trades as the stock looks poised for a strong move for the second day in a row.
Midcap IT space looks poised for an up move with Satyam,Polaris, Aftek Ltd and Mindtree in the lead. Investors should watch out for stocks like Amar Remedies, Gokul Refoils and Renuka Sugars for some quick gains
Friday, September 25, 2009
Strategy for Today's
Stocks are likely to open lower and might continue to be in red for the rest of the session. Expect, more than 100 point correction, with midcaps taking the beating.The stock of UCO Bank stood out among the midcaps, as the stock gained more than 11 percent and closed at RS 55. We recommend booking profits in this stock. Hyderabad operators are getting increasing active in Celestial Labs, which has gained more than 8 percent for the second day in a row.Dena Bank was among the top gainers along with Granules India which spurted on news of preferential allotment to its promoters.We recommend investors to stay away from the market and sit on the sidelines and short sellers could look in to shorting Banking and Real Estate stocks
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Thursday, September 24, 2009
Negative opening on cards, Markets likely to recover late in the day
Stocks on Dalal Street are likely to open lower after correcting by nearly on percent on Wednesday. Expect the banchmark index or the Sensex to open lower by 0.5 percent or 70 to 80 points. Do not expect a big fall in the index, as we believe that there might be a bounce in the later half of the day, as the underlying tone is still bullish
Expect a lower open, but stocks are likely to recover in the later half of the day as we see a strong support at 16,680.00. Do not short this market, as we are not over with the bull run yet. We recommend investors to take intra-day positions if the market falls more than 150 points
Nifty 4915-20 levels support for Rebound sl 4885
Expect a lower open, but stocks are likely to recover in the later half of the day as we see a strong support at 16,680.00. Do not short this market, as we are not over with the bull run yet. We recommend investors to take intra-day positions if the market falls more than 150 points
Nifty 4915-20 levels support for Rebound sl 4885
Wednesday, September 23, 2009
Nifty weak only Below 4995 and strong above 5035
There is a strong possibility of the Sensex test the 17,000 mark during the day.
It’s no tiny matter that the market has run this far. Today, we expect a flat start though. Mixed global cues, uncertain external environment and Thursday’s F&O expiry could stop the bulls in their tracks momentarily
The stock of Kingfisher Airlines might see some pressure after the company may raise as much as $175 million selling shares and global depository receipts to repay debt. Also, Reliance Communications might be under the radar, as the company's subsidiary Reliance Infratel gets ready for an IPo some time soon
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It’s no tiny matter that the market has run this far. Today, we expect a flat start though. Mixed global cues, uncertain external environment and Thursday’s F&O expiry could stop the bulls in their tracks momentarily
The stock of Kingfisher Airlines might see some pressure after the company may raise as much as $175 million selling shares and global depository receipts to repay debt. Also, Reliance Communications might be under the radar, as the company's subsidiary Reliance Infratel gets ready for an IPo some time soon
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Tuesday, September 22, 2009
Keep your eye on the Big picture, but watch your step
RNRL asks Supreme Court to dismiss government’s petition on Reliance Industries gas.
Caution is going to be the mantra for the next few days as the market digests the recent spurt and awaits fresh good news. Global cues are mixed. Today, we expect a cautious start after an extended weekend. Things will be volatile given that we have the F&O expiry on Thursday
Though the overall mood is positive, the road ahead will be bumpy. The fact that we have already traveled so much since early March could bring in some apprehensions. The results are just round the corner and expectations are on the positive side. Among the big risks will be inflation and its fallout on monetary policy. FIIs will continue to play a key role.
FIIs were net buyers of Rs14.86bn in the cash segment on Friday on a provisional basis. The local funds pulled out Rs5.05bn, according to figures published on the NSE's web site. In the F&O segment, the foreign funds were net sellers at Rs2.97bn. On Thursday, FIIs were net buyers of Rs26.63bn in the cash segment. The net FII investments in Indian stocks this year have crossed $9.8bn. Mutual Funds were net buyers of Rs1.01bn on Thursday
The deal street is buzzing with lots of M&M action happening over the past few days
Caution is going to be the mantra for the next few days as the market digests the recent spurt and awaits fresh good news. Global cues are mixed. Today, we expect a cautious start after an extended weekend. Things will be volatile given that we have the F&O expiry on Thursday
Though the overall mood is positive, the road ahead will be bumpy. The fact that we have already traveled so much since early March could bring in some apprehensions. The results are just round the corner and expectations are on the positive side. Among the big risks will be inflation and its fallout on monetary policy. FIIs will continue to play a key role.
FIIs were net buyers of Rs14.86bn in the cash segment on Friday on a provisional basis. The local funds pulled out Rs5.05bn, according to figures published on the NSE's web site. In the F&O segment, the foreign funds were net sellers at Rs2.97bn. On Thursday, FIIs were net buyers of Rs26.63bn in the cash segment. The net FII investments in Indian stocks this year have crossed $9.8bn. Mutual Funds were net buyers of Rs1.01bn on Thursday
The deal street is buzzing with lots of M&M action happening over the past few days
Friday, September 18, 2009
Stbt Nifty Book on time
Today, we see another day of stock taking and consolidation. Global cues too are indecisive. Our advice is don’t get too euphoric. Avoid undue risks and enjoy the long weekend. The upcoming earnings season should provide an opportunity to assess and evaluate
Nifty weak Below 4945 and strong above 4980
As always there will be surprises, both negative and positive. So, brace yourself for some volatility in the near term at least
Mahindra Satyam is close to getting back multi-million multi-year contracts from Telstra and Merrill
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Nifty weak Below 4945 and strong above 4980
As always there will be surprises, both negative and positive. So, brace yourself for some volatility in the near term at least
Mahindra Satyam is close to getting back multi-million multi-year contracts from Telstra and Merrill
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Thursday, September 17, 2009
Bulls rocks Above 4975 and Bears ????
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Autos were in limelight following a ruling by the Supreme Court on Wednesday to allow TVS Motor Co. Ltd to sell its “Flame” brand of motor bikes that compete with vehicles manufactured by its arch-rival Bajaj Auto. The stock gained more than 10 percent on this news. We like Hindustan Motors RS 24 as a speculative bet.
The stock of Orchid Chemicals suregd by more than 24 percent after receiving approval from the US Food and Drug Administration for its anti-infection drug Piperacillin-Tazobactam, in injectible form. We recommend investors to sell this stock at Rs 170 levels, as we do not see this as a major contributor to the bottom line in the long term. Hospitality sector was on fire yesterday with Kamat Hotels, Royal Orchid and Asian Hotels registering double digit gains. As mentioned in yesterday's column Rajesh Exports vaulted by 10 percent. We see RS 80 as the possible target.
We like Gati Ltd from short term perspective at RS 57, we see a short term target of Rs 70 within a week.Midcaps are likely to be on fire and the euphoria might spread to third rung stocks soon. Overall, a great day for speculative stocks and a good one for day traders in particular.
Autos were in limelight following a ruling by the Supreme Court on Wednesday to allow TVS Motor Co. Ltd to sell its “Flame” brand of motor bikes that compete with vehicles manufactured by its arch-rival Bajaj Auto. The stock gained more than 10 percent on this news. We like Hindustan Motors RS 24 as a speculative bet.
The stock of Orchid Chemicals suregd by more than 24 percent after receiving approval from the US Food and Drug Administration for its anti-infection drug Piperacillin-Tazobactam, in injectible form. We recommend investors to sell this stock at Rs 170 levels, as we do not see this as a major contributor to the bottom line in the long term. Hospitality sector was on fire yesterday with Kamat Hotels, Royal Orchid and Asian Hotels registering double digit gains. As mentioned in yesterday's column Rajesh Exports vaulted by 10 percent. We see RS 80 as the possible target.
We like Gati Ltd from short term perspective at RS 57, we see a short term target of Rs 70 within a week.Midcaps are likely to be on fire and the euphoria might spread to third rung stocks soon. Overall, a great day for speculative stocks and a good one for day traders in particular.
Wednesday, September 16, 2009
Nifty levels
Today's Above 4911.50 Mark.....Nifty Future Looks Superb....Above that Mark....Nifty Future May Flare Like Anything and May Try to Hit.............4928.50 and then.................4945.00 too in Today's Trade
Nifty Will be Bloody Only......But Only and Only Below............4866.50 Mark.....Below that Mark.....Nifty Future Will Fall Like Anything and may Try to hit...............4852.00 nd then..........4832
From Sources
Nifty Will be Bloody Only......But Only and Only Below............4866.50 Mark.....Below that Mark.....Nifty Future Will Fall Like Anything and may Try to hit...............4852.00 nd then..........4832
From Sources
Tuesday, September 15, 2009
Advance tax payment
Sensex scales 15-1/2 month high on surge in Q2 advance tax payment
Higher advance tax payment by some of the top firms in the second installment of 15 September 2009 means their profits may rise in Q2 September 2009 over Q2 September 2008. As per reports, State Bank of India, India's biggest commercial bank by branch network, has paid 71.5% higher advance tax at Rs 1,832 crore in the second quarter of 2009-10 over the corresponding period last year.
Software major TCS has reportedly paid 315% higher advance tax at Rs 220 crore in the second installment. Tractor major Mahindra & Mahindra has reportedly paid 540% higher advance tax at Rs 112 crore in the second installment.
Tata Motors paid advance tax of Rs 100 crore in the second installment, much higher than Rs 19 crore last year. But Larsen & Toubro paid Nil advance tax agains Rs 150 crore paid in the corresponding period last year.
Among public sector banks like Bank of India paid Rs 470 crore as against Rs 230 crore and Bank of Baroda paid Rs 412 crore compared to Rs 255 crore. Private sector lender Yes Bank paid Rs 58 crore as against Rs 33 crore in the corresponding period last year.
During the second quarter BPCL and Lupin paid Rs 312 crore and Rs 49.7 crore respectively as against Rs 40 crore, and 11.4 crore in the same period a year ago.Ambuja Cements paid an advance tax of Rs 150 crore for the July-September quarter vs Rs 70 crore in the previous quarter.
Also boosting the sentiment was a surge in the National Council of Applied Economic Research (NCAER) business confidence index to 118.6 points in the June 2009 quarter, up 37 points from previous quarter, when it was at its the lowest level since February 1998. The business sentiments have improved reflecting signs of economic recovery, NCAER said.
The think-tank said economic conditions are further expected to improve in the coming months as the impact of the Union budget 2009-2010 (FY 2010) begins to be realised. The increased government spending may provide some impetus to the domestic investment and consumption.
Comments by the Reserve Bank of India (RBI) governor D Subbarao after trading hours that the central bank will not unwind its accommodative monetary policy before ensuring recovery may further boost bourses tomorrow, 16 September 2009. Subbarao also said the RBI has to take a call on supporting recovery and stemming inflationary pressures.
A trigger for the stock market's rally in the past few days has been expectations that the government will release pay arrears to government employees in the second and final installment ahead of big festivals in October 2009. The payout would boost demand for consumer goods, appliances, cars and motorcycles. Consumer demand is a key driver of the Indian economy.
Remaining 60% of the arrears have to be paid as the government implemented the new pay scales with effect from 1 January 2006 after the 6th Pay Commission report was approved by the Cabinet with modifications. The government in August last year had decided to pay the arrears in two instalments of 40% and 60%. According to government calculations, the total arrears are estimated to cost Rs 29,373 crore.
Higher advance tax payment by some of the top firms in the second installment of 15 September 2009 means their profits may rise in Q2 September 2009 over Q2 September 2008. As per reports, State Bank of India, India's biggest commercial bank by branch network, has paid 71.5% higher advance tax at Rs 1,832 crore in the second quarter of 2009-10 over the corresponding period last year.
Software major TCS has reportedly paid 315% higher advance tax at Rs 220 crore in the second installment. Tractor major Mahindra & Mahindra has reportedly paid 540% higher advance tax at Rs 112 crore in the second installment.
Tata Motors paid advance tax of Rs 100 crore in the second installment, much higher than Rs 19 crore last year. But Larsen & Toubro paid Nil advance tax agains Rs 150 crore paid in the corresponding period last year.
Among public sector banks like Bank of India paid Rs 470 crore as against Rs 230 crore and Bank of Baroda paid Rs 412 crore compared to Rs 255 crore. Private sector lender Yes Bank paid Rs 58 crore as against Rs 33 crore in the corresponding period last year.
During the second quarter BPCL and Lupin paid Rs 312 crore and Rs 49.7 crore respectively as against Rs 40 crore, and 11.4 crore in the same period a year ago.Ambuja Cements paid an advance tax of Rs 150 crore for the July-September quarter vs Rs 70 crore in the previous quarter.
Also boosting the sentiment was a surge in the National Council of Applied Economic Research (NCAER) business confidence index to 118.6 points in the June 2009 quarter, up 37 points from previous quarter, when it was at its the lowest level since February 1998. The business sentiments have improved reflecting signs of economic recovery, NCAER said.
The think-tank said economic conditions are further expected to improve in the coming months as the impact of the Union budget 2009-2010 (FY 2010) begins to be realised. The increased government spending may provide some impetus to the domestic investment and consumption.
Comments by the Reserve Bank of India (RBI) governor D Subbarao after trading hours that the central bank will not unwind its accommodative monetary policy before ensuring recovery may further boost bourses tomorrow, 16 September 2009. Subbarao also said the RBI has to take a call on supporting recovery and stemming inflationary pressures.
A trigger for the stock market's rally in the past few days has been expectations that the government will release pay arrears to government employees in the second and final installment ahead of big festivals in October 2009. The payout would boost demand for consumer goods, appliances, cars and motorcycles. Consumer demand is a key driver of the Indian economy.
Remaining 60% of the arrears have to be paid as the government implemented the new pay scales with effect from 1 January 2006 after the 6th Pay Commission report was approved by the Cabinet with modifications. The government in August last year had decided to pay the arrears in two instalments of 40% and 60%. According to government calculations, the total arrears are estimated to cost Rs 29,373 crore.
Midcaps in spotlight
FIIs make purchases in equities for the fifth day in a row
Inflow of Rs 3377.50 crore in five trading sessions
Stocks on Dalal Street are likely to trade up on opening bell after closing in red on Monday. We expect the Sensex to gain nearly 100 points or nearly 0.7 percent for the day. Midcap and Smallcap stocks were in demand yesterday and this trend is likely to extend
Auto and PSU stocks were the leaders in Monday's trade led by Tata Motors, PNB and SBI. We see Power and IT sector in Tuesday's trade.As mentioned in yesterday's column, Textile firm Himatsinka Seide firmed up on the bourses and registered a 20 percent gain on huge volumes. We recommend investors to book partial profits around Rs 49 to RS 50 area. Other firms in the textile business, like Provogue also palyed catch up yesterday. But the volume is something that is looking unusual and one can expect a speculative move in this stock. So traders could book profits in Himatsinka and swtich to Provogue for some quick gains.
PNB Gilts is my favorite for the day today as we hear rumors of PNB looking to sell its stake in the company.The stocks is at a key technical level and if it manages to break Rs 32 we might see a target of Rs 42 in thsisstock. Hindustan Motors is another speculative play as we believe that this might catch traders fancy as this is the Auto sector, which is hot now and also has a realestate story attached to it. A good bet for traders with risk appetite
Inflow of Rs 3377.50 crore in five trading sessions
Stocks on Dalal Street are likely to trade up on opening bell after closing in red on Monday. We expect the Sensex to gain nearly 100 points or nearly 0.7 percent for the day. Midcap and Smallcap stocks were in demand yesterday and this trend is likely to extend
Auto and PSU stocks were the leaders in Monday's trade led by Tata Motors, PNB and SBI. We see Power and IT sector in Tuesday's trade.As mentioned in yesterday's column, Textile firm Himatsinka Seide firmed up on the bourses and registered a 20 percent gain on huge volumes. We recommend investors to book partial profits around Rs 49 to RS 50 area. Other firms in the textile business, like Provogue also palyed catch up yesterday. But the volume is something that is looking unusual and one can expect a speculative move in this stock. So traders could book profits in Himatsinka and swtich to Provogue for some quick gains.
PNB Gilts is my favorite for the day today as we hear rumors of PNB looking to sell its stake in the company.The stocks is at a key technical level and if it manages to break Rs 32 we might see a target of Rs 42 in thsisstock. Hindustan Motors is another speculative play as we believe that this might catch traders fancy as this is the Auto sector, which is hot now and also has a realestate story attached to it. A good bet for traders with risk appetite
Friday, September 11, 2009
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New Scheme Launched
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To Celebrate Our Anniversary, we have launced Profit Sharing Scheme for new clients and as well as old clients if they wish for!!!!!!!!!!!!!!!!
Anyone can subscribe this Scheme ...Details as follow
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Intraday calls, Delivery calls, Positional calls on Stock /Nifty
Future and Options too
Interactive On Messenger ( Guidance given for every call - how to trade)
Calls given on mobile n messenger even on Phone (on demand)
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For Details & Clarification If you may Contact - sheth_jg@yahoo.com
Payment Details:
Bank - Icici Bank, Name - Jigar Sheth , A/c - 001101049075 Andheri Branch
We have HDFC BANK,AXIS BANK Payment options too
The payment can be made by cheque or by Online transfer. Cash payments or cash deposits will be accepted but add Rs. 175/- as Inter-bank transaction charges
Scheme A
ONE ALL in CHAT mode / MOBILE
1. Nifty Future Call
2. Intraday Call In FNO and Capital Market
3. Carry Call In FNO
4. BTST/STBT In FNO
5. Delivery Based Call for Swing Traders and Short, Medium and Long term Investors
6. Tips on Option Trading (Call and Put).
7. Interactive On Messenger .
Rates
ONE ALL in CHAT mode
Monthly 6000/-
Quaterly 17500/-
Half Yearly 33500/-
Yearly 60000/
Scheme B
Nifty Total
A Total Pack of Nifty Futures & Options Segment In This Pack Subscribers with be Getting calls on options, Nifty Futures
Positional & Intra day With Precise Entry Exit Stop loss & Target
Rates
Rs 3500 / month
Scheme C
BTST/STBT (2-4 DAILY ) + Delivery Picks short term to long term
Rates
Rs 4500 /month
Scheme D
Equity Cash - For Traders who have the Appetite of Taking Delivery In Mid Cap/Small Cap Segment
Rates
Rs 3500 / month
No free trial will be given. Paid trial for one week is Rs.1850/- (only Chat room access)
New Scheme Launched
New Package for Investors , Traders for who do not want to pay one time charges
To Celebrate Our Anniversary, we have launced Profit Sharing Scheme for new clients and as well as old clients if they wish for!!!!!!!!!!!!!!!!
Anyone can subscribe this Scheme ...Details as follow
Profit Sharing Ratio ...Decided with clients with respect to Deposit they have with us
Intraday calls, Delivery calls, Positional calls on Stock /Nifty
Future and Options too
Interactive On Messenger ( Guidance given for every call - how to trade)
Calls given on mobile n messenger even on Phone (on demand)
Calculated Every 30th of the month end
To know more Pls be free to call us on 09821435805 or sms us
One can mail us to sheth_jg@yahoo.com
We have all messenger like ,gtalk(gmail),msn(hotmail),yahoo,skype,facebook etc
Foreign clients may make payments through Western Union Money Transfer.
For Details & Clarification If you may Contact - sheth_jg@yahoo.com
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