Monday, November 26, 2007

Watch out R-pack

WE'RE CONTINUOUS ADVISING OUR CLIENT'S TO HOLD ALL THEIR LONG POSITION , NOW JUST SEE THE RESULT WITH YOUR OWN EYES, ON FRIDAY SENSEX SHOOT LIKE ANYTHING. ALSO EXPECTING POSITIVE TRADE IN TODAY'S TRADE

We were Bullish on Nifty since 5400 and today we can see +80 opening Sensex to cross 19200

Midcaps are back in the reckoning and so are the Index stocks. Going by the indications of last week's trading pattern this week is not going to be too easy for the traders with the F&O expiry coming up

Media stocks will take limelight

Rumours Mill started pushing reports of ADAG buy out of shringar cinemas, looks technically powerful.
In a controversial move Reliance Industries Ltd offloaded a 4% stake in Reliance Petro creating room for fresh positions in the F&O segment. Earlier Reliance Petro crashed 29% from its highs due to F&O curbs and Brokerage Sell calls.Market is puzzled with the news of RIL booking profit in RPL by selling its 4%
stake in the market. People have started taking very negative call on RIL and RPL,
remember most of the negative have already been factored into RPL after the recent
downgrading by CLSA (or UBS? i don't recall), and why should it be negative? RIL is still holding 70% in RPL! Its positive for RIL shareholders since RIL has infact booked profits in RPL and this amount would reflect in RIL balance sheet!

IFCI(Rs.89.75) is eyeing the century levels in the immediate future

Live calls for OUR SUBSCRIBER'S ONLY

Friday, November 23, 2007

IT n Steel Stock on radar

Yesterday we had mention our clients NF will slide to kiss 5470 and then will zooom to kiss 5600
Just see What happened ?

Above 5635 nifty will zoom to 5695

Banks like Sbi HDFC and ICICI joined hands with HPCL and BPCL in restricting Nifty from a big fall yesterday

Rain Clacining(RS.58.20) is headed for new highs due to amalgamation

Market: News for the day...
1. Siemens board approves 1:1 bonus issue, merger of Siemens Industrial Turbomachinery Services with itself
2. DCM Shriram promoters plans counter bid at above Rs 100 per share to keep HB Stockholding’s at bay. DCM Shriram ups warrant prices to Rs 90/sh from Rs 52/sh. DCM Shriram : CLB to announce its ruling on Monday on waarant issue to promoters; If decision goes against Promoters, & open Offer is sucessful HB stake to be higher than Promoters
3. Amtek Group Amtek India board meet on Dec 1 to consider issue of shares to promoters on preferential basis Ahmednagar Forgings board meet on Dec 1 to consider issue of shares / convertible warrants to promoters on preferential basis Amtek Auto board meet on Dec 1 to consider issue of shares / convertible warrants to promoters on preferential basis
4. LN Mittal plans to list ArcelorMittal on Indian bourses using India Depository Receipts
5. New listing: Barak Valley Cements, Bathi Bars, Allied Computers International
Ashnoor Textile to resume trading; base price Rs 6.60; circuit filter 5%
6. Kolte Patil Developers IPO subscribed 45.91 times
7. Kaushalya Infrastructure IPO closes today; subscribed 1.83 times till now
8. NTPC forms MoU with Uttar Pradesh Rajya Vidyut Utpadan Nigam to set up 2X660 MW coal based thermal power project
9. JK Lakshmi Cement comes out of corporate debt restructuring purview; replaces high cost debts of Rs 325 cr by cheaper funds
10. TCS says IT Spend Cut By BFSI Likely, But Outsourcing Will Not Be Hit
11. FDA admits Sun Pharma’s appeal for Glivec
12. George Soros picks up undisclosed stake in Future Capital from Och-Ziff Capital, which holds 10% stake
13. Burger King, Wendy’s in talks with DLF for Indian foray
14. Fortis, DLF to deal for setting up 15 hospitals
15. SRF Polymers open offer at Rs 180/sh
16. Jagson Airlines open offer at Rs 20.11/sh
17. Vishal Retail plans equity dilution to fund expansion
18. Prime Focus close to buying US post production firms
19. Siemens Q4:Net Profit Up 125.68% from Rs 136.75 cr to Rs 308.62 cr; Includes one time gain of Rs 52 cr. Revenues Up 46.68% from Rs 1491.98 cr to Rs 2188.4 cr. OPM at 15.6% vs 8.34%. FY07 EPS at Rs 41

FII Gross purchases Rs 3246 Cr, Gross sales Rs 5469 Cr, Net Sellers Rs 2222 Cr.
MF Gross Purchases Rs 640 Cr, Gross Sales Rs 792 Cr, Net Sellers Rs 151 Cr.



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Thursday, November 22, 2007

Recovery seen

Whether the Market will Go Up or Down, Now, These call is only for our subscribers

Close below 5481...watch freefall upto 5306 in panic.

Use the intial dips for a good intraday trade. Markets are unlikely to be beaten down today.We believe the sector is likely to see a big strength in the coming days though the Rupee negative is still a over hang.

Mudra LifeStyle(RS.80.05) is likely to catch fire soon. Keep an eye

Catch Polaris and start buying IT sector for 3 month

TO KNOW MORE PLS JOIN

Wednesday, November 21, 2007

Hike in STT

The markets are likely to open on a flat note
today. Traders are advised to trade long in the market in two
ranges of 5700-5800 and 5840-5900 levels. Close long
positions if Nifty fa ils to cross and sustain the crucial resistance
of 5840 levels.
Nifty December futures have
witnessed addition of 8 lakh shares in open interest on the back
of premium converting into a discount. On the options front put
options have witnessed fresh buying while call options have
witnessed fresh writing implying high caution prevailing at the
current levels

There are news abt Goverment going to hike STT in the market

Idfc looks strong buy

We have a moderately bullish view on IDBI. We recommend a Bull Call Spread strategy:
o Buy One IDBI Nov 170 CA @ 8.50 – 9.50
o Sell One IDBI Nov 180 CA @ 6.50 – 7.50
o BEP: 172
o Tgt: 180
o Investment: Rs.1,20,000 (Approx)

Parsvnath(RS.353.95) is undervalued. Value buying is expected soon. Watch for a target of 400

Reliance Buy 2720-2740 sl 2680 for target 2850-2855 3-4 Days
o Time Frame: 5-6 days

Online calls for Subscriber's Only

Tuesday, November 20, 2007

Close above 5800 be Positive

Whether the Market will Go Up or GO Down, Now, These Commentary is only for our subscribers

The markets are likely to open on a flat to negative note today
taking cues from the weak US markets. Traders are advised to
adopt buy at dips strategy until Nifty remains above 5800 levels.

Nifty December
futures has witnessed addition of 3 lakh shares in open interest
on the back of discount converting into a significant premium of
6.15 points. On the options front put options have witnessed
fresh writing implying limited downsides from the current levels.

Watch out for TTML,WWIL,Ashok Leyland in down market

Indian Markets are likely to take a bigger dip today but only the large caps will take the hit. Still there is some more steam in the cash stocks

RJ's Midday Multimedia(RS.52.85) is back in the limelight. Watch for speculative gains

We have a moderately bullish view on Power Grid. We recommend a Bull Call Spread strategy:
o Buy One Power Grid Nov 160 CA @ 9 – 10
o Sell One Power Grid Nov 170 CA @ 6.50 – 7.50
o BEP: 162.50
o Tgt: 170
o Investment: Rs.1,60,000 (Approx)
o Time Frame: 5-6 days

Have a great trading day

Monday, November 19, 2007

Positive opening

Nifty looks positive above 5760 cash

Market Buzz - Govt to increase 49% FDI in petroleum sector soon.

Watch out for Engineering India, STC INDIA,ELECTRO STEEL

Positive outlook - Banking Sector,Real Estate,Cement Counter

Bindal Agro(RS.58) is likely to eye 75 levels soon.

buy call on ashok leyland ,BUY AT RS 41 AD SELL AT rs 49 ,short term

More details to our Paid Subscribers

Friday, November 16, 2007

Pls be cautious !!!!!

The markets are likely to open on a weak note today taking cues from Asian indices
which are trading close to 2% lower. Traders are advised to
assume long position from lower supports of 5880 and 5840
levels for upside targets of 5900 and 5965 levels with a final
stop loss placed at 5800 levels.Watch for the later half of the trade and this we believe will be the last chance for Sensex to cross 20,000 in the coming days. This time if the Sensex might even see the level of 17,250.
The total market open interesthas crossed over Rs.1 lakh crores. On the option front Nifty5900 and 6000 call options have seen fresh writing while 5500
put option seen closure of short position indicating the market
likely to slip further in the near term

FII Gross purchases Rs 5113 Cr, Gross sales Rs 4161 Cr, Net Buyers Rs 952 Cr.
MF Gross Purchases Rs 1185 Cr, Gross Sales Rs 702 Cr, Net Buyers Rs 483 Cr

We recommend a Collar strategy:
o Buy One Hindalco Nov fut @ 213-215
o Buy One Hindalco Nov 210 PA @ 6.50-7.50
o Sell One Hindalco Nov 235 CA @ 5.50-6.50
o BEP: 215
o Investment: Rs.1,60,000 (Approx)
o Time Frame: 6-8 days

DLF Buy 940-945 sl 935 for target 978-980 1-2 Days

SREI Infrastructure(RS.200.30) stock is eyeing 300 levels.

Time for buying or exit ?? Only paid clients