Our Btst Tatasteel,Nifty .......

Buy In Truck TATA Steel

The coming session is likely to witness a range of 4975 on advances and 4860 on declines. The 4890 level will be a bullish pivot, above which the markets may remain firm.
Today, Nifty has support at 4,831 and resistance at 5,016 and BSE Sensex has support at 16,217 and resistance at 16,939.


WELSPUN GUJARAT....................

Buy around 358 to 360

ACC LTD..........................

Buy Around 668 to 670


GMR INFRA......................

BSE Code : 532754 (140.70)

Buy Around 140 to 140.50

STERLING BIOTECH.....................

Buy Around 207 to 208

NILE

LTD..........................

Buy Around 154 to 155

Today's Pick - Monnet Ispat

We recommend a buy in Monnet Ispat from a short-term perspective. From the charts of the stock, we observe that it has been on a long-term up trend from its November 2006 low of Rs 143. Moreover, in the intermediate-term, the stock has been trending upward from its January 2008 low of Rs 360. Both long-term and intermediate-term up trend lines are intact. The daily and weekly momentum indicators are giving positive signals indicating that the stock is a good buy from a sho rt as well as a medium-term perspective. The volume has spurted higher over the past two trading sessions. The stock is presently trading well above the 50- and 200-day moving average. Considering the above facts, our near-term view on the stock is bullish and we expect it to rally to our price target of Rs 645 in the forthcoming trading sessions. Traders with short-term perspective can buy the stock while keeping the stop-loss at Rs 548

Tata Steel gets mineral concession approval Commodity Online
MUMBAI: The government has given mineral concession approval to Tata Steel for two large mines, one for iron ore in Jharkhand and the other for chromeore in Manipur.

As per the present rule, the company ought to apply directly to the Ministry for mining leases after completion of prospecting work and outlining estimated reserves. Mineral Ministry has given the Prospecting Licences for both the mines to Tata Steel.

The concession for Jharkhand mine was granted on April 16. It has total area of 1,808 hectare. The one for chromite in Manipur has a total area of 55.445 sq km. The concession was granted on April 24.

Key Results Today: Adlabs, Aegis Logistics, Anant Raj Industries, Banswara Syntex, Cinemax, HPCL, IPCA Labs, Lanco Infra, L&T, National Fertilizers, NTPC, Orchid Chem, Power Grid Corp and TN Newsprint.

FIIs were net sellers of Rs8.83bn (provisional) in the cash segment on Wednesday while local institutions were net buyers of Rs5.28bn. Foreign funds were net buyers of Rs15.01bn in the F&O segment yesterday.

IOC to ration supplies in order to cut revenue losses. (BL)
Tata Motors plans 3 types of rights issue having differential voting rights as part of its plan to raise Rs72bn for the Jaguar-Land Rover acquisition. (BL)
ITC raises the prices of 3 of its cigarette brands by 10%. (BS)
Sun Pharmaceuticals’ US$454mn proposal to acquire Israeli drug-maker Taro has been called off. (BL)
Ranbaxy gets mixed verdict on Pfizer’s Lipitor in Australia. (BL)
Tata Steel-Corus raised prices for structural sections by £90 per ton from its Europe operations. (BL)
Unitech is in final stages of negotiation with Lehman for a US$500mn PE investment in its two commercial projects in Mumbai. (BL)
ONGC may reimburse part of service tax to shipping companies. (BL)
Tata Power to invest Rs5bn for wind power expansion. (BL)
GMR to set up ONGC’s proposed refinery in Kakinada. (BL)
HPCL-Mittal energy JV has approached the Petroleum Ministry to seek tax incentives.
Infosys Technologies to implement Finacle Universal Banking Solutions at BVA. (BS)
RIL and HPCL bid for control of three state-run sugar factories in Bihar. (BS)
Orbit Corp to foray in beachfront projects through SPV. (BS)
Reliance Communication to start due diligence of MTN.(BS)
Parsvnath to buy 30% stake in Nano City. (BS)
Adani Energy has been slapped with legal proceedings claiming US$100mn in losses by Petronas for violating an agreement to buy and sell LNG. (Mint)
Baring Asia has picked up 12% stake in Sharekhan at Rs17bn. (BS)
Cipla has filed pre-grant oppositions for over 50 drugs. (ET)
Air India is expected to reduce basic fares from Kerala and Andhra Pradesh by up to 83% after the two states reduced sales tax on aviation turbine fuel to 4%. (ET)
BSNL will be exempted from taking part in the auction of spectrum for 3G mobile services. (ET)
BSNL has sought exemption from Trai from paying any entry fee or license fee for its upcoming WiMAX as it planned to provide these services largely to rural India. (ET)
Airbus maker EADS to shift some manufacturing to India. (BL)

Economic News

PMO asks RBI to relax restrictions on ECBs imposed last year. (FE)
The government decided to give fertiliser sector top priority in allocation of natural gas to be produced from the gas fields. (FE)
The RBI fixes the marked-to-market spread for valuation of oil bonds at 25 basis points over sovereign borrowings. (BL)
RBI raises the spread for interest cost on trade credit, easing norms for foreign currency loans. (BS)
DoT has summoned executives from RIM to demand an explanation over its recent communication to its customers that it would be unable to accommodate any request for a copy of a customer’s encryption. (ET)
DoT approved unlimited number of bandwidth resellers in the country. (BL)
Trai invites consultation process to create a revenue share for Value added service providers. (FE)
The Cabinet Committee on Economic Affairs to Bengal projects in today’s meeting. (FE)
The Department of Atomic Energy to commercialise all uranium mines discovered by Atomic Minerals Division. (BS)
Rs95bn Dharavi makeover project to be delayed by a few months. (BS)
Government tightens norms for import of cars and sports utility vehicles. (BS)
The Union Cabinet is expected to take up a bail out package for oil companies which could include price hike, duty reductions and additional bonds. (ET)
The Punjab government cleared six industrial and five agro-industrial projects to be set up at a total cost of Rs111.7bn. (ET)
Interest coverage ratio for India Inc has declined from 11.6 times in the quarter ended March 2007 to 10.4 times in the quarter ended March 2008. (ET)
Carbon credit prices have hit an all time high as expensive natural gas pushes European power plants to shift to cheaper but dirtier coal which raises the demand for pollution offsets.

Bulls or Bear Subscribe to know more

INDAG RUBBER....................
BSE Code : 509162 (89.30)

Buy around 92.50 to 94

AISHWARYA TELE
BSE Code : 532975 (108.75)

Totally, Manipulated Stock , But Can Give u Good Return in Today's Trade.

Buy Around 108 to 108.50

TULSI EXTRUSION.................

BSE Code : 532948 (64.45)

Buy Around 64 to 64.50

Target for clients only
NIFTY FUTURES (F & O):

Hurdle at 4862 level. If bulls can able to absorb selling at above this level then expect relief rally up to 4899-4901 zone.

Support at 4828 & 4832 levels. Break below this level can create some unwinding up to 4818 level.

Multiple Support Zones at 4780-4782 zone (or) at 4792-4794 zone and these zones should not be allowed to break at any cost.

On Positive Side, rally up to 4935-4937 zone can be used to sell. Stop Loss at 4947-4949 zone.


Bulls and bears are all out to try and checkmate each other. As expected, the bulls failed to sustain the buying momentum and the key indices tumbled from a day's high even as Asian markets closed mostly higher. A similar trading pattern may continue today and perhaps over the following two days.

Thursday's F&O expiry and the release of GDP and inflation data will determine the market's mood. On the global front, US stocks rose and Asian markets are mixed. Oil prices have softened a little and are hovering under $129 per barrel.

On the whole, the bulls still appear to be lacking in conviction in the wake of mounting worries over inflation and its impact on the economy (and even on politics). A weakening rupee coupled with the worsening fiscal situation are also worrisome.

FII inflows are yet to turn positive though domestic funds are providing some support. 'Stay cautious and sell into any rally' should be the ideal strategy. Having said that, select stock-centric buying can be done from a long-term perspective.

Lack of follow-up buying and continued sell-off by the FIIs contributed to the fall on Tuesday. The small-cap and mid-cap indices suffered even more. Market breadth too was highly negative. And, barring few defensive sectors like IT, FMCG and Pharma, other sectoral indices finished in the red. Banking was the biggest loser, followed by Real Estate and Oil & Gas shares.

Key Results Today: Adani Enterprise, Britannia, Emami, Godrej Industries, Harrison Malayalam, Hindustan Dorr Oliver, ICRA, IOC, IVR Prime, IVRCL Infra, JM Financial, M&M, Monsanto, Mundra Port, Pidilite, Tata Motors, Ucal Fuels and Visa Steel.

FIIs were net sellers of Rs4.97bn (provisional) in the cash segment on Tuesday while local institutions were net buyers of Rs5.3bn. Foreign funds were net buyers of Rs1.49bn in the F&O segment yesterday
Corporate News

RIL Australia, a subsidiary of Reliance Industries, pays US$3.45mn in cash to acquire 49% stake in 4 exploration licenses of Uranium Exploration Australia Ltd. (BL)

OVL, subsidiary of ONGC has established commerciality of its Iranian asset, which is estimated to have 22tcf (trillion cu ft) of gas. (ET)

BHEL and Italian company in race for a Rs13bn order for supplying boilers to Neyveli Lignite. (BL)

Tata Steel gets mineral concession approvals from ministry of mines for two large mines in Jharkhand and Manipur. (DNA)

Omaxe is planning to raise Rs15bn in FY09 for various projects; promoters may dilute 5-10% stake via QIP. (DNA)

EKC is planning to invest Rs1.75bn in expanding capacities across plants in US, Dubai, China and India. (DNA)

PNB is keen to take a 51% stake in the proposed JV for setting up a bank in Bhutan. (BL)

SRF to acquire Thailand based tyre cord company for Rs1bn. (DNA)

Gujarat NRE Coke to raise fresh equity to fund its operations and expansion plans in Australia. (DNA)

BK Modi promoter of Spice Tele may sell its stake to AT&T or Etisalat. (ET)

Repro India to invest US$50mn to buyout digital printing solution firms abroad. (DNA)

Tesco in talks with Wadias, Parsvnath and Kalpataru Properties to enter the Indian market. (ET)

IT Department issues notice to Sesa Goa seeking information on the Vedanta deal. (ET)

DE Shaw raises its stake in Orient Express Hotel by ~2% to 7.6%. (ET)

GVK group is looking for opportunities in overseas airport development projects. (ET)

Jindal Drilling Singapore JV may explore opportunities for raising funds and listing. (BS)

Maytas Infrastructure wins contract for washery reject coal based power project. (BS)

Kirloskar Brothers gets order worth ~Rs1bn form Nuclear Power Corporation. (BS)

Elecon Engineering may acquire a European company. (BS)

Godrej Appliances plans to foray into selling chillers, deep freezers and other cold storage appliances. (BS)

Educomp Solution forms a 50:50 JV with Raffles Education. (BS)

Economic News

Fertilizer Ministry expects fertilizer subsidy to double in FY09 to Rs950bn. (ET)

The Government is considering an option of including cess or surcharge on income tax and corporate tax to bailout oil marketing companies. (BL)

The Government has eased the ban on cement export by allowing shipment through ports in Gujarat. (DNA)

India’s crude oil import bill jumps over 40% to US$68bn in FY08. (ET)

Jet Airways, chairman Naresh Goyal expects aviation industry to incur losses in excess of US$2bn

GET PAID TRAIL

Everyday, We People are Trying Hard to Deliver You , Excellent TRADING CALLLS

Subscribe with us

Offer Rs 1750 One week trail
Contact or email on sheth_jg@yahoo.com

Get online calls on any messenger,mobile,chat room access

IT majors are likely to move the indices

Who Cares(Negative Market)

Call's Achieving Target , What's More u Want

See Nifty 5000 by expiry

Nifty (4875) Supp 4830 Res 4958

LANCO INFRA Buy Around 517 to 518 .............

CAIRN INDIA Buy Around 307 to 308 ..........

Eicher Motors Buy Around 385 to 390 .........

GTL INFRA Buy around 52.70 to 52.90 .......

Target For Paid clients only

Today's Pick - Central Bank of India

We recommend a sell in Central Bank of India from a short-term perspective. It is evident from the charts that the stock has been on an intermediate-term downtrend from its 52-week-high of Rs 154 recorded in early January 2008. However, after marking a one-year low at Rs 73 in March, the stock began moving higher till it encountered resistance at around Rs 100 level.

Subsequently, the stock failed to exceed that resistance level and resumed the downtrend. The daily and weekly relative strength indices are featuring in the bearish zone. Besides, the moving average convergence and divergence has re-entered the negative territory indicating bearishness. The stock is also trading well below the 21 and 50-day moving averages at present. In the short-term, we are bearish on the stock and expect it to decline further until it hits our price target of Rs 78 in the coming days. Traders with short-term perspective can sell the stock while keeping the stop-loss at Rs 89

Corporate News

Reliance Power and GMR Infrastructure are planning to bid for PowerSeraya and Senoko Power, which account for more than 60% of the power produced in Singapore. (BS)
TCS has signed a five-year deal worth US$100mn with NXP Semiconductors. (ET)
Reliance Industries is in talks with PSU oil refining companies to sell its crude oil to be produced from MA field in its prolific D6 Block in offshore Krishna-Godavari Basin. (DNA)
Indiabulls Real Estate plans to sell 353mn shares of Indiabulls Properties Investment Trust at between US$1 and US$1.1 apiece. (DNA)
Taj GVK plans to invest over Rs5bn in its existing and new properties in south India over the next 2-3 years. (DNA)
NMDC may review exports to Japanese steel mills and South Korea's Posco to increase domestic availability of iron ore. (BS)
Tata Chemicals has launched Tata Salt Lite, a new brand of low sodium salt. (BL)
Eicher Goodearth Investments, the holding company of Eicher Motors, plans to buy back 13.12% of public holding at Rs691.68/share. (ET)
Eicher Motors plans to buy back the 3.6% stake held by German auto major Daimler Motors. (ET)
Tata Motors is in the process of re-organizing its manufacturing facilities for commercial vehicles, and intends to create hubs for a particular category of vehicle at each of its various production units. (BL)
Educomp Solutions is planning to raise US$500mn through ADR, GDR, FCCB, or QIP. (BL)
Omaxe is entering into power generation by forming a JV with Isolux, a Spanish firm. (ET)
Kirloskar Electric bids for acquiring German’s Lloyd Dynamowerke at an estimated enterprise valuation of ~US$100mn. (ET)
Amara Raja Batteries has forayed into two-wheeler battery segment. (ET)
Apollo Hospitals is scouting for inorganic opportunities in Spain and Peru. (ET)
HTMT Global plans to acquire a mortgage-specific company in the UK soon with an investment of over US$150mn. (DNA)
Warburg Pincus-controlled WNS Holdings is working on an outright acquisition or a strategic merger with Firstsource Solutions. (ET)
UTV New Media, the digital media arm of UTV Software is acquiring a controlling stake of 76% in 'IT Nation', a leading online infomediary. (ET)
Power Finance Corp.’s subsidiary PFC Consulting has formed three SPVs, for power projects in Orissa. (Mint)
Videocon may merge some of its factories to improve efficiencies and boost sales in a bid to gain an upper hand on competitors Samsung, Whirlpool and LG. (BS)
Fidelity Mutual fund has acquired a further 1.55% stake in Jyothy Labs, raising its holding to 5%. (ET)
RPG Group plans to invest Rs90bn in the power, tyre and carbon black industries as part of its expansion in the coming two years. (ET)
The Essel group owned Dish TV, is aiming to double its customer base to two lakh a month. (ET)
Leading Australian financial services firm Link Group plans to acquire a majority stake in Intime Spectrum Registry. (ET)
Harrisons Malayalam is planning to invest Rs560mn in its various plantations in Kerala. (BS)
Over 650 drugmakers have asked the Government to immediately increase prices of 33 bulk drugs. (ET)
BlackBerry vendor Research-In Motion (RIM) is not willing to hand over the message encryption key to the Government. (ET)

Economic News

The DoT has called a meeting with operators on May 28 to discuss the allocation and pricing of 3G spectrum. (BS)
The Finance Act 2008 has modified and rationalised the CENVAT Credit Rules, 2004 (Credit Rules) and removed some anomalies. (BS)
The Government may consider 49% FDI in gems & jewellery and apparel. (ET)
The Government is working on a dual track strategy of fuel price hikes and duty cuts to protect consumers as well as cash strapped oil companies. (ET)
The Gujarat government is planning to invite private companies to invest in five new power projects worth Rs200bn during the upcoming Vibrant Gujarat Global Investors' Summit. (BS)
Cotton production outlook for the next season (August-July) has been kept unchanged at a record 33mn bales (of 170 kg each). (BL)
SEBI has proposed a maximum post-issue capital of Rs250mn for companies to be eligible to participate in the proposed SME exchange. (BL)
The Himachal Pradesh Government has sought the Centre’s approval to levy generation tax on hydropower projects in the state and extension of the industrial package till 2013. (Mint)
India could miss by 20%, or 13,855MW, its target of adding almost 70,000MW of power over the next four years because of poor transport infrastructure. (Mint)
A shortage of globally-recognized testing labs could impact India’s drugs and chemical exports to Europe, worth some US$2.7bn in 2007

Today's BLACK or WHITE

BLOODTHPATH or RAINPATH

For subscribers only

The stock of Bharti Airtel might see some relief as the company has abandoned plans to acquire MTN Group Ltd after differences with the South African company over control.On the contrary Reliance Communications Ltd might trade on the negative side as it is said to be in talks to combine with South African mobile-phone company MTN Group Ltd.

BUY BHARATI n SELL RCOM MINT PROFIT

As mention on Friday abt BJP won well in advance for the fall see now.....

As per provisional data, foreign funds sold shares worth a net Rs 654.31 crore on Friday, 23 May 2008. Domestic funds bought shares worth a net Rs 750.03 crore on that day.

Inflation based on the whole price index rose 7.82% in the year through 10 May 2008, marginally lower than 7.83% rise in the previous week, government data released on Friday, 23 May 2008, showed. Meanwhile, inflation for the year through 15 March 2008 was revised upwards to 8.02% compared to provisional figure of 6.68%.

Meanwhile, not satisfied with the United Progressive Alliance (UPA's) replies to their queries on the nuclear issue,the Left parties are likely to ask the government to finalise an India-specific safeguards agreement with International Atomic Energy Agency (IAEA) only after the 123 agreement with the US lapses.

The Left opposition to the 123 agreement is because they feel it was bound by the Hyde Act which was detrimental to India's sovereignty and its pursuance of an independent foreign policy. Further talks will be held in the UPA-Left Committee meeting to be held on 28 May 2008 to discuss the Indo-US nuclear deal.

Meanwhile as per results announced for second round of elections on 26 May 2008, the Bharatiya Janata Party (BJP) won 110 seats out of 224, just short of a simple majority. The Congress has won 80 seats and the Janata Dal (Secular) claimed 28. Independents won six seats. In the 28 constituencies of Bangalore, the BJP has won 17 seats, the Congress won nine, and the JD(S) picked up one

Nifty our btst what abt u ???

FOR Pre Market Watch - May 23 2008 VISIT

http://www.freewebs.com/jgs-investments/marketwhisper.htm



Paid trial for one week is Rs.1750/-

Add Rs.175/- towards Bank Charges if Depositing Cash

For Intraday service,we are taking 1000 rs fees in advance
( fees of 2-3 calls in advance).
For Positional Calls service, we are taking 1000 rs in advance
( fees of 2-3 call in advance).

Note :

Foreign Clients Please Inform Us By E-Mail After Sending Money Through Western Union Money Transfer About Allocation Number.

Indian Clients Please Inform Us By E-Mail After Sending Money Or After Deposit Of Money In Our ICICI Bank Account.

You will be added in our list instantly

Note -:


Payment

We have HDFC BANK,ICICI BANK Payment options

Crude as said earlier will cross 138 levels

Airline stocks because of rising oil costs and banking stocks might tumble on the possibility of interest rate hike

Nifty Upper levels 5144,5166 Lower levels – 5066,5033


Keep eyes on Ifci , Praj Ind and Kirloskar Bros for short term investment

Sell Suzlon energy,Sasken communications

Since, the Market is Likely to Open on Lower , Due to Weak Global Cues.

RELIANCE

NATURAL(RNRL)..........

BSE Code : 532709 (113.60)

Buy around 111.10 to 112.30 ..............

MANALI

PETRO......................

BSE Code : 500268 (17.62)

Buy Around 17.62 to 17.70 ..............

NEYVELI

LIGNITE......................

BSE Code : 513683 (151.35

Buy Around 150 to 151 ..............

target for clients so subscribe now

FIIs turn sellers

Foreign institutional investors (FIIs) turned net sellers in equities worth Rs 3,198 million on May 20. They bought equities worth Rs 31,197 million and sold equities worth Rs 34,395 million. Till May 20, they have been net buyers in equities worth Rs 227 million.

FIIs turned net sellers in debt segment worth Rs 490 million on May 20. They did not bought any debt but sold debt worth Rs 490 million. Till May 20, they have been net sellers in debts worth Rs 179 million