We expect atleast a gain of 300 points on the Sensex

LAST WEEK IS ENDED WITH POSITIVE NOTE.
BUT, THESE POSITIVENESS COMES FROM WORLD MARKET (DOW) AND CRUDE, CRUDE FALLEN 20%.
BASICALLY, I M NOT BEARISH IN OUR MARKET… BUT STRONGLY FEELS – IF A CORRECTION COMES
THEN WE SEE SOLID BULL RALLY AHEAD… WHICH TOOKS NIFTY @ 4802, 4957, 5080 AND 5180
NOTE NIFTY 4747 ARE OUR 200 SDMA – AND NIFTY BEYOND 200 SDMA MEANS – MARKET
HEALTHIER!!

MONDAY MARKET OPEN HUGE GAP UP AND CROSS PREVIOUS RECENT HIGH 4615 (APPROX 4630 -
4645), THEN A CORRECTION CAN TAKE PLACE.. (IT’S AN OPPORTUNITY TO OPERATORS THAT THEY
SELL WHEN ALL ARE BUYING)

NIFTY LOWER SUPPORTS ARE – 4480 / 4440 / 4385

ON 13TH SEBI SEATS WITH P-NOTE ISSUE, ON 22ND – US-INDIA BUSINESS COUNCIL (USIBC) SEATS

FOR US CONGRESSIONAL APPROVAL FOR THE INDIA-US CIVIL NUCLEAR DEAL.

THESE TWO EVENTS – DECIDE OUR MARKETS STRONG FUTURE !! BEFORE THAT MARKET NEED
SHARP CORRECTION - COZ ALL INDICATORS ARE OVER HEATED.

SHORTS –
BIOCON AT STOPS LOSS OF 385.60 TGT 369.80 CMP 380.40
ACC LTD STOPS LOSS 639 TGT595 CMP 629.40
CANRA BANK STOPS LOSS 218 TGT 194 CMP 215.95
HCL TECH STOPS LOSS 229 TGT 210 & 200 CMP 225.25
IDBI STOPS LOSS 94.50 TGT 83 CMP 92.70
JET AIRWAYS STOPS LOSS 484 TGT 468 / 448 CMP 479.20
LUPIN – STOPS LOSS 735 TGT 700 CMP 728

BUY –
ALL POWER SHARES, RELAITED TO NUC DEAL.
TISCO – WITH SL 636 TGT 685 CMP 645
TATA POWER CMP 1068 SL 1030 TGT 1120
HARRISAN MALLYALAM
PTC
SELAN EXPLORATION

8 August Super Duper Rocking Performance

Sell Nifty Fut @ 4540 sl 4558 crashed down to 4471
Buy ICICIBANK @ 691 spurted up to 744
Buy AXIXBANK @ 718 spurted up to 740
Buy NOIDA TOLLS @ 41 hit upper Freeze AT 45.1
Sell Nifty Fut 4520 crashed down to 4490 and turned back all advised to carry as STBT

YOUR ALL ARE ADVISED TO BUY BANKING STOCK ,CLEARLY WRITTEN THAT BANK SECTOR WILL BLAST AND HAPPED AS PER OUR EXPECTATION ALL SHORTER ARE TRAPPED VERY BADLY

BUY Cairn and Sell Bhel

Nifty (4524) Sup 4440 Res 4610

We expect the market to be cautious at open as most global markets are down. Given the lack of big-ticket events, things will turn volatile later in the day.

Buy Adlabs (550) SL 545
Target 560, 563

ASHAPURA MINECHEM
BSE Code : 527001 (128.45

Buy around 128 TO 128.50 WITH Sl of 122 for a Target of 135.50 to 138.50


Sell : in F&O RComm below 441 target of 425 s/l of 450

Buy Mosabear in lotsssssssssss

FIIs in buying mode

Niit Tech Buy around 120 TO 120.50 with Sl of 116 for a Target of 127 to 131

TODAY WE REACHED AS OUR DESIRED LEVEL – OF 4615 (IN NIFTY CASH), I CLEAR SAID
THAT THIS IS LAST LEG OF WAR – THEN MARKET FIZZLE OUT!!
NIFTY FUT CMP 4517/ SL 4546/ TGT 4480 & 4440

BOI CMP 299/ SL 308/ TGT 282 & 272
POLARIS CMP 100.70/ SL 103.75/ TGT 94

Bharat Forge could be in action in the coming days as it plans to step into the manufacture of ultra heavy forgings catering to the power sector, including nuclear plants. Expect some announcements tomorrow.

Sugar stocks attracted heavy demand after sugar prices hit 52-week high of Rs19.02per kg on 06 August 2008 on back of improvement in sugar prices as forecast indicate lower sugar production in the ext season.


6TH AUGUST 2008,

STATUS OF YESTERDAYS CALL: -
WE GIVEN 10 BELOW CALLS YESTERDAY AS FOLLOW –
BEST BUY –
SHARE NAME DAYS HIGH STATUS
BAJAJ AUTO: CMP 374/ TGT 396 / SL 368 HI 428 / CL 421 TARGATE ACHIVED
BHARAT ELEC: CMP 969/ TGT 1006 / SL 964 HI 1000/ CL 980 TARGATE ACHIVED
ABB:CMP 849 /TGT 874 / 936 / SL 845 HI 882/ CL 851 TARGATE ACHIVED
ZEE TELFILM:CMP 207/ TGT 223/ SL 201 HI 212 / CL 208 TARGATE ACHIVED
AXIS BANK:CMP 760/ TGT 795/ SL 752 HI 801 / CL 743 TARGATE ACHIVED
PNB – CMP – 510 TGT 545 – SL 502 HI 542 / CL 496 TARGATE ACHIVED
IDFC – CMP – 104.45 TGT 115 – SL 99.90 HI 115.6 / CL 106 TARGATE ACHIVED
HDFC BANK:CMP 1184 /TGT 1246 /SL 1177 HI 1293 / CL 1216 TARGATE ACHIVED
YES BANK:CMP 139/ TGT 146 /SL 135.80 HI 144.80 / CL 136 TARGATE ACHIVED
TATA POWER:CMP 1101 / TGT 1140/SL 1085 HI 1159 / CL 1063 TARGATE ACHIVED

Portfolio of Rakesh Jhunjhunwala

For all those affiliated with the stock market, it is always fascinating to know what the other person is investing into, what are the stocks owned? Call it human nature, but its always interesting to know what the other person does, the ever inquisitive nature of mankind.

So we were also a bit inquisitive and decided to take a look at the holdings of Rakesh Jhunjhunwala, one of the savviest and smart investors on Dalal Street. He is a CA by profession and his name catapulted into fame when Forbes, in 2007, ranked him as the 51st richest man in India. Son of an income tax officer, he started dabbling in stocks while in college. Rather than take a job, he plunged into investing, starting with around Rs.5000 in 1985 when the BSE Sensex was at 150; it is now over around 14,000. His privately owned stock trading firm Rare Enterprises, derives the name from first two initials of his name and wife Rekha's name.

Hence we thought it would be very interesting to know about his holdings and the stocks which he holds a substantial stake in. He is a long term investor and does not trade for short term profit. Take a look at his portfolio and maybe learn a few lessons. These shares are held by Rakesh and his wife Rekha Jhunjhunwala and form a part of his disclosed portfolio. There could be more holdings through companies, trusts, proprietary accounts which are not in the public domain.

NAME OF COMPANY SHARES HELD PRX VALUE (Rs.in crores)
(as on 30/06/08 (as on 5/08/08)
TITAN INDUSTRIES 39,85,756 1277 508.98
PRAJ INDUSTRIES 1,33,76,624 188 251.48
LUPIN LTD 27,52,135 753 207.24
CRISIL 5,50,000 3631 199.70
NARAGJUNA CONSTRN 1,24,50,000 134 166.83
BILCARE 20,25,000 640 129.60
PUNJ LLOYD 50,40,000 291 146.66
PANTALOON RETAIL 23,30,895 353 82.28
KARUR VYSYA BANK 24,94,073 348 86.79
BHUSHAN STEEL 8,20,000 922 75.64
GEOJIT FINANCE 1,80,00,000 43 77.40
PROVOGUE INDIA 3,80,000 850 32.30
GARWARE WALL ROPE 5,00,000 86 4.30
PRIME FOCUS 8,82,500 460 40.59
VICEROY HOTELS 47,50,000 51 24.22
INFOMEDIA INDIA 15,06,062 155 23.34
AGROTECH FOODS 17,03,259 126 21.46
ZENOTECH LABS 11,50,000 113 12.99
MID-DAY MULTIMEDIA 22,50,000 26 5.85
ION EXCHANGE 5,00,000 153 7.65
ZEN TECHNOLOGY 5,00,000 164 8.20
ALPHAGEO 1,25,000 413 5.16
JB CHEMICALS 10,81,650 47 5.08
AUTOLINE INDUSTRIES 12,11,622 182 22.05
MRO TEK 5,70,834 51 2.91
HIND OIL EXPLOR 61,00,666 136 82.97

TOTAL VALUE OF PORTFOLIO – Rs. 2231.67 crore.

Nifty was BTST see today opening more than 120 points

THIS STRAIGHT SHOOT UP TO 4680 OR EVEN 4747 IN VERY SHORT TERM AFTER
WHICH THE SO CALLED RELIEF RALLY WILL FIZZLE OUT

Daily Trading Calls - Aug 6 2008

Nifty (4503) Sup 4450 Res 4620

Buy Bharti (839) SL 831
Target 853, 858

Buy Tata Motors (409) SL 404
Target 419, 422

Buy HDFC (2465) SL 2440
Target 2515, 2525

Buy Nagarjuna Con (135) SL 131 Target 142, 145

Buy Omaxe (136) SL 132
Target 143, 146

Nifty (4395) Sup 4310 Res 4475

We may see a flat opening despite the 3% fall in oil prices overnight. The unusual weakness across global markets could dampen the mood

Keep eyes - Hpcl,ifci,Rcom

Buy Dish TV,Hind oil n timely book profits


Reliance Inds. may swing between Rs.2,217 and Rs.2,290. Buy stop is Rs.2,199 and sell stop is Rs.2,310. The key level is Rs.2,250.

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