Market outlook 30-09-2010

US Markets closed negative.
Europe markets ended lower.
Asian markets are trading weak.
Expect Indian Markets to open flat.
Nifty: (5991) Support 5950 and Resistance 6070.

INTRADAY BEEPS

BUY MINDTREE TARGET 525 SL 500;
BUY TATA MOTORS TARGET 1125 SL 1095;
BUY RENUKA TARGET 90 SL 82;
BUY MLL TARGET 60 SL 54;
BUY BAJAJ AUTO TARGET 1525 SL 1480;
BUY CREWBOS TARGET 168 SL 160 ;
BUY SUPREME IND TARGET 775 SL 740;
BUY EIHOTEL TARGET 143 SL 135;

STOCK BEEPS

-Volatility expected in indian market being expiry day.
-Bajaj Auto, Dr Reddy’s, Sesa Goa to get in Nifty; ABB, Idea, Unitech to go out of Nifty
-Mahindra Satyam ADR down 10% after numbers; FY10 Net sales at Rs 5481 crore versus Rs 8813 crore;Net loss at Rs 125 crore versus loss of Rs 8177 crore
-Crew BOSBoard meets today on QIP
-Mercator Lines Board meets today on Fund raising
-Zicom Board meets today on Acquisition
-Etisalat head says talking on merger with Reliance Communications
-Sanjay Aggarwal, Ex CEO of Spicejet is set to join Kingfisher Airlines as senior member of the management
-JSW Steel gives up plan to acquire Brahmani Steel on mining hurdle
-FDI in multi brand retail won’t get nod from FinMIn
-ITC to subscribe to EIH Rights issue

Use multiple Yahoo Msgr

Okay, if you wonder how to run two yahoo messenger, ie using yahoo messenger with multiple login or id here is the way to do it:

First… Click Start — Run — type in ‘Regedit’ — click Open. A new window will open. Browse ‘HKEY_CURRENT_USER’.

Then .. click ‘Software’ … click ‘Yahoo’ .. then click ‘pager’ ..

And lastly click ‘TEST’

Now you can see an icon ab with the name ‘default’ on the right column.

Right click on that screen ..

Click NEW – ‘DWORD value’ and name it as ‘PLURAL’.

Then .. double click on ‘PLURAL’ and modify it ..

Change the ‘Value data’ from 0 to 1. Click OK to close and it.

Now you can open as many yahoo messenger in your PC or computer.

good luck trying!

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STOCK BEEPS 27-09-2010

-Satyam ADR down 23% after company announces intention to delist ADR;1 ADR represents 2 shares;ADR to delist on October 14
-India Cements in focus, Chennai Superkings win CLT20, prize money of USD 2.5 million
-Berger Paints India to invest Rs 350 crore in AP
-HCC awarded two new contracts worth Rs 660 crore from GMR Hydro Power Generation
-Shilpa Medicare board allots 20 lakh shares to Barings India PE, 5 lakh warrants to promoters at Rs 350
-Navin Flourine board approves buyback at Rs 400/sh ((CMP: 292))
-Magnum Ventures (CMP at 11), board meet on 27th to approve the draft letter of offer for the proposed rights Issue
-Kingfisher withdraws SLP against CCI at SC
-Cotton security policy to be unveiled next week
-KPIT Cummins to consider, acquisition of a Company based in US geography.
-Infoedge India Ex bonus 1:1
-Nissan Copper Ex slpit 10:1

Use multiple Yahoo Msgr

Okay, if you wonder how to run two yahoo messenger, ie using yahoo messenger with multiple login or id here is the way to do it:

First… Click Start — Run — type in ‘Regedit’ — click Open. A new window will open. Browse ‘HKEY_CURRENT_USER’.

Then .. click ‘Software’ … click ‘Yahoo’ .. then click ‘pager’ ..

And lastly click ‘TEST’

Now you can see an icon ab with the name ‘default’ on the right column.

Right click on that screen ..

Click NEW – ‘DWORD value’ and name it as ‘PLURAL’.

Then .. double click on ‘PLURAL’ and modify it ..

Change the ‘Value data’ from 0 to 1. Click OK to close and it.

Now you can open as many yahoo messenger in your PC or computer.

good luck trying!

Read more »

Market outlook 24-09-2010

US Markets closed negative.
Europe markets ended lower.
Asian markets are trading weak.
Expect Indian Markets to open flat to negative.
Nifty: (5960) Support 5900 and Resistance 6010.

INTRADAY BEEPS

BUY SURYA PHARMA TARGET 290 SL 270;
BUY TATA GLOBAL TARGET 128 SL 120;
BUY ENERGYDEV TARGET 65 SL 58;
BUY NAGAR CONSTRUCTION TARGET 175 SL 160;
BUY VIVIMED TARGET 350 SL 325;
BUY RUCHISOYA TARGET 140 SL 130;
BUY JKIL TARGET 270 SL 257;
BUY ONMOBILE TARGET 375 SL 355;
BUY GITANJALI TARGET 250 SL 240;

STOCK BEEPS

-Steel Cos to hke steel prices in October
-Govt to consider import duty on power equipment
-SEBI rejects MCX SX application for Stock Exchange
-Strides Arcolab launches QIP;To raise between USD 45-100 million;-issue priced at Rs 423.5/share
-EIH Approves rights issue of Rs 1,300 crore
-RIL to participate in EIH rights issue, to make an open offer post rights
-Dr Reddys says no question of diluting stake. will continue to focus on drug discovery
-FIPB defers GMR airports induction of foreign equity
-Board meet today: Navin Flourine for buyback
-Orchid update: Ranbaxy arm sold 10.4 lakh shares yesterday, has been selling in open market
-Sharp Trading and Finance open offer at Rs 60/sh
-GSK’s best selling diabetes drug Avandia to be withdrawn from Europe
and sales in US to be restricted because of an increased risk of heart attacks
-Foreign Funds seek delay in new rules that kicks in from October 1 falling which they may have to pull out of the country
-Govt rejects Etisalat’s plea for stake hike in JV
-Coffee Day Holdings looking to acquire Gati

Use multiple Yahoo Msgr

Okay, if you wonder how to run two yahoo messenger, ie using yahoo messenger with multiple login or id here is the way to do it:

First… Click Start — Run — type in ‘Regedit’ — click Open. A new window will open. Browse ‘HKEY_CURRENT_USER’.

Then .. click ‘Software’ … click ‘Yahoo’ .. then click ‘pager’ ..

And lastly click ‘TEST’

Now you can see an icon ab with the name ‘default’ on the right column.

Right click on that screen ..

Click NEW – ‘DWORD value’ and name it as ‘PLURAL’.

Then .. double click on ‘PLURAL’ and modify it ..

Change the ‘Value data’ from 0 to 1. Click OK to close and it.

Now you can open as many yahoo messenger in your PC or computer.

good luck trying!

Read more »

Market outlook 21-09-2010

US Markets closed flat.
Europe markets ended negative.
Asian markets are trading in green.
Expect Indian Markets to open flat.
Nifty: (6009) Support 5960 and Resistance 6040.

INTRADAY BEEPS


BUY CREWBOS TARGET 190 SL 177;
BUY DELTA CORP TARGET 83 SL 74;
BUY IVRCL INFRA TARGET 172 SL 163;
BUY HOVS TARGET 140 SL 133;
BUY VIP IND TARGET 560 SL 540;
BUY TINPLATE TARGET 85 SL 77;
BUY DCM TARGET 110 SL 104;
BUY JMC PROJECT TARGET 218 SL 207;

STOCK BEEPS

-Sun Pharma announces settlement with Levitt and Moros families
-ONGC only foreign firm to bid for Trebs & Titov oil deposits
-IATA revises 2010 aviation outlook,expects Profit for 2010 to be USD 8.9 billion vs USD 2.5 billion
-Mahindra Satyam to have board meet on September 29 to restate accounts
-Essar Oil raises petrol prices by 27 paise/ltr
-Nitin Fire Acquired substantial holding in Dubai based New Age Company LLC.
-Panoramic Universal has further acquired 12.25% equity of M/s Sri
Vatsa Hotels Ltd, a closely held unlisted public Company and a subsidiary of Panoramic Universal Ltd.
-Allied Digital board approved issue of share warrants on preferential basis to ‘Intel Capital Corporation', US for value not exceeding Rs 32crore
-Orient Ceramics to acquire 62.9% stake in Bell Ceramics, to make an open offer (Stake acquired at Rs 20.69/sh) -ONGC only foreign firm to bid for Trebs & Titov oil deposits
-IATA revises 2010 aviation outlook,expects Profit for 2010 to be USD 8.9 billion vs USD 2.5 billion
-Mahindra Satyam to have board meet on September 29 to restate accounts
-Essar Oil raises petrol prices by 27 paise/ltr
-Nitin Fire Acquired substantial holding in Dubai based New Age Company LLC.
-Panoramic Universal has further acquired 12.25% equity of M/s Sri Vatsa Hotels Ltd, a closely held unlisted public Company and a subsidiary of Panoramic Universal Ltd.
-Allied Digital board approved issue of share warrants on preferential
basis to ‘Intel Capital Corporation', US for value not exceeding Rs 32 crore
-Orient Ceramics to acquire 62.9% stake in Bell Ceramics, to make an open offer (Stake acquired at Rs 20.69/sh)

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Stock beeps 21-09-2010

-Aviation Ministry not to pursue change in FDI norms
-EIH Board meet on September 23 to consider rights issue
-ITC may not subscribe to EIH rights issue
-Malu Paper Mills Board approved fund raising upto Rs 500 crore and to issue convertible share warrants to Promoters
-Delta Corp acquires 50.99% of Advani Pleasure cruise from Advani Hotel
-IOC raises petrol price by 27 paise/ Ltr with effect from midnight.
-Navin Flourine board meet on 24th to consider buy back
-Shyam Star Gems open offer at Rs 18/sh
-State may nix Mafatlal land sale as it belongs to collector and the revenue department
-CAG warning call to DoT on bailout for new telecom companies

Stock beeps 20-09-2010

-Met Dept says chance of monsoon withdrawal starting in week ending October 1 High rainfall activity seen in northeast India next week
-Amtek India board allotts 54.75 lakh equity shares at Rs 120.12/- per
shares upon the conversion of FCCB's of USD 14.98 million (CMP Rs 64)
-Aksh Optifibre board approved fund raising upto USD 333 million, also allotted 7.2 lakh equity shares upon FCCB conversion worth USD 1.1 million
-New exchange for currencies USE to be launched today ((Promoted by MMTC, BSE and various banks)
-Nahar Poly Films open offer at Rs 40/share, promoters looking to hike stake by another 9.91%
-Bharti Airtel to foray into handset biz
-Investors of Unitech Corporate Parks Plc lambasted the company for a 40% drop on value of its assets in 4 months
-Delta Corp Board meets today on Preferential allotment to 1 or more investors
-Sagar Cement Board meets today on possible merger of Amareswari Cements & swap ratio
-SCI Ex Dividend Rs 5
-Empee Distilleries Ex Dividend Rs 6
-Reliance Infra in talks with bank for Rs 7000 crore loan for new rail project in Mumbai

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Value Pick for Long Term 16-09-2010

Buy Royal Orchid Hotels Ltd - Upside Potential : 50%
NSE Symbol: ROHLTD
CMP : 85.50 Target : 125
Time Frame : 6 months Upside Potential : 50%

Royal orchid is raising Rs 150 crore to fund its new projects will be used to double its total room capacity to 2,000 by the end of the next fiscal through the issue of nonconvertible debentures and/or preferential convertible share warrants, or other financial instruments, including QIP.

The hotels of the Company are situated across the major markets in India giving it an advantage of adequately balanced representation.The Company is adopting multiple marketing strategies in a focused manner as well as has established strictest quality norms in servicing the customers to win their appreciation and loyalty.

The hotel industry is expected to report robust sales growth of 22.1 per cent in 2010- 11. The growth will be driven by higher occupancies and ARRs. With 119 hotels coming up in the four southern states and 11,000 rooms likely to be added to the capacity.

The revenues of the company have gone up from Rs 178.40 million in Q2FY10 to Rs 206.10 million in Q2FY11 showing an increase of 15.52%.The operating profits reported a marginal decline from Rs 34.80 million in Q2FY10 to 32.80 in Q2FY11 while the net profit of the company increased from Rs 15.60 million in Q2FY10 to Rs 24.00 million in Q2FY11 showing a growth of 53.84%. The EPS of the company rose from Rs 0.57 in the same quarter last year to Rs 0.88 in Q2FY11.


At the CMP of Rs 84.85, the stock is trading at a standalone PE of 14.91x and 11.51x its FY11E and FY12E EPS of Rs 5.69 and Rs 7.37,respectively. Since the stock offers good opportunity, we initiate a BUY signal on the stock with a target price of Rs 125.00 in medium to long term investment horizon expecting an appreciation of about 50%.

Buy Bajaj Auto Finance - Upside Potential : 25%
NSE Symbol: BAJAUTOFIN
CMP : 750-760 zone
Target : 900 Time Frame : 6 months
Upside Potential : 25%

Bajaj Finance, one of Indias leading and diversified NBFCs, is engaged in the business of financing two and three wheelers, consumer durables, personal loans, small business loans and mortgages (loan against property). It operates as Bajaj Finserv Lending.

In the quarter gone by, the company ventured into financing of construction equipment and loan against securities. Very recently, it has also announced plans to enter the fast-growing infrastructure financing space, to widen its product line. To begin with, it plans to offer infrastructure loans in the ticket size of Rs. 75 to 150 crore.

The company has a pan-India network of over 63 branches, about 2,300 employees, 2,500 dealerships and a customer base of over 50 lakh.

For FY10, the company�s fund deployment increased by 87% to Rs. 4,585 crore, from Rs. 2,451 crore in FY09. The break-up of the loan deployment during FY10 comprised 30% of two and three wheeler loans, 26% towards mortgage and secured assets, 23% for consumer durables
loan while balance was towards small business and personal loans.

The company�s shareholding pattern is wide-spread, as can be seen from the filing on 30th June 2010, where-in promoters held 50.50%, FIIs held 16.58%, DIIs held 8.59% and Maharashtra Scooters (a Bajaj group company) held 4.48% under non-promoter category.

During FY10, the company registered income from operations of Rs. 910 crore, up 53% from Rs. 595 crore in FY09. Net interest income grew by 64% to Rs. 715 crore from Rs. 435 crore in the previous year. The net profit more than doubled to Rs. 89 crore versus Rs. 34 crore in the
previous year. Net margins also improved steadily by 410 basis points in the 12 months period, to 9.8% from 5.7%.

On equity of Rs. 36.6 crore, EPS for FY10 stood at Rs. 24.43. It declared 60% dividend (Rs. 6 per share) for the year. Return on assets (RoA) improved sharply to 2.8% in FY10, from 1.3% in FY09.

As on 31st March 2010, the company�s receivables under finance i.e. loan book size stood at Rs. 4,026 crore, up 70% from Rs. 2,370 crore 12 months ago. Its networth, as on that date, was Rs. 1,153 crore and total borrowing was Rs. 3,227 crore. The company�s capital adequacy
ratio, as on 31st March 2010, stood at 26%, as against RBI�s requirement of 12%.

During Q1FY11, the company reported very strong growth in its financial performance. During the first three months of FY11, it disbursed Rs. 2,047 crore in loans, recording income from operations of Rs. 296 crore and net interest income of Rs. 224 crore. It earned Rs. 47 crore in PAT during the quarter, on net margin of 15.8%, an improvement of 600 basis points from the FY10 levels.

The EPS for the quarter rose to Rs. 12.78, more than half of what was earned in full year of FY10. As on 30th June 2010, its loan book size increased to Rs. 4,937 crore and networth stood at Rs. 1,199 crore,resulting in a book value of Rs. 328 per share.

For FY11, the company is expected to report topline of Rs. 1,200 crore and bottomline of about Rs. 180 crore, resulting in an EPS of close to Rs. 50. At current market price, share price is being discounted by 15.1 times its one year forward earnings. On a PBV basis, it is ruling at a multiple of 2.3 times.

Other NBFCs, which have lately attracted market fancy, including Shriram Transport Finance and M&M Financial Services, are ruling at PE multiples of close to 20 times and at P/B multiples of 4.2 and 3.3 times respectively.

Considering the strong financial performance, new product line and Bajaj group pedigree, share at 755 is recommended as an investment bet, as it has potential to touch 900 in 6 months time.

STOCK BEEPS 16-09-2010

-IndusInd Bank QIP open to raise USD 215-250 million;QIP priced at Rs 234/share
-Religare enters Sri Lankan market by acquiring Bartleet
-Astrazeneca Signs outlicensing deal with Intas Pharma
-Oil PSUs to up ATF prices by average of Rs 699/kL today
-RBI likely to express reservations in giving Jet Airways approval to raise funds via ECB
-Lanco Infra gives power equipment order to China’s Harbin at price of Rs 68.3 lakh/MW
-Prakash Ind to submit new mining plan for its Chotia coal block
-S Kumars raises USD 50 million via QIP, board had passed enabling resolution to raise upto USD 100 million
-JBF Ind to file documents for QIP soon
-Bharti Airtel to sell African tower to Bharti Infratel
-Mudra Lifestyle in talks with Korean Co E-Land group for stake saleT
-Ispat arm to set up Rs 300 crore plant – ET
-Reliance Broadcast acquires Line V of DMRC for a 5 year period
-Vijay Shanthi Builders ventured in to a MoU for Rs. 70 crore project at Chennai
-Ramky Infra IPO opens on September 21, closes on September 23
-Orient Green Power Co IPO opens on September 21, closes on September 24
-Electrosteel Steels IPO opens on September 21, closes on September 24
-Indosolar IPO subscribed 1.55x at closing; QIBs: 1.44x, NIIs: 1.3x and Retail: 1.81x
-Career Point Info IPO opens today, closes on September 21;Price band:Rs 295-310, issue size Rs 115 cr

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Market outlook 16-09-2010

US Markets closed positive.
Europe markets ended negative.
Asian markets are trading in mixed.
Expect Indian Markets to open flat to weak.
Nifty: (5870) Support 5840 and Resistance 5900.

INTRADAY BEEPS

BUY IDFC TARGET 205 SL 195;
BUY LIC HSG TARGET 1300 SL 1260;
BUY HCL TECH TARGET 435 SL 415;
BUY FIN TECH TARGET 1475 SL 1400;
BUY SOUTH BANK TARGET 215 SL 206;
BUY INDUSIND BANK TARGET 250 SL 237;
BUY GAIL TARGET 500 SL 480;
BUY MLL TARGET 59 SL 55;
BUY MAYTAS INFRA TARGET 220 SL 207;

STOCK BEEPS

-IndusInd Bank QIP open to raise USD 215-250 million;QIP priced at Rs 234/share
-Religare enters Sri Lankan market by acquiring Bartleet
-Astrazeneca Signs outlicensing deal with Intas Pharma
-Oil PSUs to up ATF prices by average of Rs 699/kL today
-RBI likely to express reservations in giving Jet Airways approval to raise funds via ECB
-Lanco Infra gives power equipment order to China’s Harbin at price of Rs 68.3 lakh/MW
-Prakash Ind to submit new mining plan for its Chotia coal block
-S Kumars raises USD 50 million via QIP, board had passed enabling resolution to raise upto USD 100 million
-JBF Ind to file documents for QIP soon
-Bharti Airtel to sell African tower to Bharti Infratel
-Mudra Lifestyle in talks with Korean Co E-Land group for stake saleT
-Ispat arm to set up Rs 300 crore plant – ET
-Reliance Broadcast acquires Line V of DMRC for a 5 year period
-Vijay Shanthi Builders ventured in to a MoU for Rs. 70 crore project at Chennai
-Ramky Infra IPO opens on September 21, closes on September 23
-Orient Green Power Co IPO opens on September 21, closes on September 24
-Electrosteel Steels IPO opens on September 21, closes on September 24
-Indosolar IPO subscribed 1.55x at closing; QIBs: 1.44x, NIIs: 1.3x and Retail: 1.81x
-Career Point Info IPO opens today, closes on September 21;Price band:Rs 295-310, issue size Rs 115 cr

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Market outlook 15-09-2010

US Markets closed flat.
Europe markets ended green.
Asian markets are trading in mixed.
Expect Indian Markets to open flat.
Nifty: (5795) Support 5741 and Resistance 5845.

INTRADAY BEEPS

BUY DEWAN HOUSING TARGET 325 SL 298;
BUY JP ASSOC TARGET 130 SL 120;
BUY IOC TARGET 450 SL 430;
BUY KOTAK BANK TARGET 500 SL 460;
BUY PRAKASH TARGET 170 SL 158;
BUY TRIVENI TARGET 112 SL 105;
BUY WIPRO TARGET 440 SL 410;
BUY TATA MOTORS TARGET 1075 SL 1040;


STOCK BEEPS

-Tata Steel To buy 80% interest in Direct shipping Ore (project of Canada's New Millennium)
-Wockhardt shareholders approve Preferential issue of Rs 40 crore via
-RPG Group to acquire 10% in Resource Generation for USD 10.5 million
-IFGL Refractories Allotted 14.5 lakh preference shares of Rs 100/each
-Titagarh Wagons Board approves allotment of 12.5 lakh Warrants convertible into Equity Shares to promoters
-Unitech Corporate Park meets today to finalise the March ’10 numbers
-Reliance Power, Adani, GMR to bid for USD 1 billion mine in Australia
-Cognizant looks to buy Genpact
-Punj Lloyd has initiated arbitration proceedings against ONGC to claim USD 250 million for alleged flawed design
-Indian IT co sees deal postponement in the past quarter as US govt strident rhetoric begins
-Coffee makers like Nestle and Tata Coffee to hike prices
-Indosloar IPO closes today, subscribed 0.33x till now

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Market outlook 14-09-2010

US Markets closed positive.
Europe markets ended higher.
Asian markets are trading mixed.
Expect Indian Markets to open flat.
Nifty: (5760) Support 5710 and Resistance 5800.

INTRADAY BEEPS

BUY HINDALCO TARGET 198 SL 187;
BUY YES BANK TARGET 345 SL 325;
BUY KALE CONSULT TARGET 175 SL 155;
BUY SKUMAR NATION TARGET 88 SL 83;
BUY UNIECH TARGET 88 SL 83;
BUY UNIPHOS TARGET 197 SL 187;
BUY AXIS BANK TARGET 1445 SL 1420;
BUY GDL TARGET 122 SL 114;
BUY REL INFRA TARGET 1100 SL 1025;
BUY CENTURY TEXT TARGET 540 SL 522;

STOCK BEEPS

-HDIL QIP opens to raise between USD 150-250 million; price @ Rs 268.18/share
-S Kumars launches QIP to raise USD 25-50 million; price @ Rs 80/share
-L&T Infra Finance Looking to raise up to Rs 700 crore before December 2010
-Cairn Energy formally seeks GoI’s consent for Vedanta Deal
-Inclusion in T2T from September 17: Axis IT&T, Deccan Gold Mines,Bafna Spinning Mills, Gujarat Borosil, Megasoft, Raj Television
-Pantaloon Retail B-DVR Allots 50 lakh shares to Future Corporate Resources at Rs 183/share
-Prism Cement Lock out at tile manufacturing plant at Karaikal in Pondicherry
-Ispat lenders may sell out to rivals Tata Steel and Arcelor Mittal,FIs worry that the company may become an NPA, looking to convert debt into equity
-Lafarge’s Greenfield plan in HP has run into environmental trouble
-Sonata Software promoters looking to exit co, appoints KPMG as advisors
-Lenders may oppose sale or Vishal Retail over transaction value – BS
-Piramal’s to exit the real estate PE biz – BS
-Suzlon plans R&D center, listing in China
-Kale Consultants open offer at Rs 172/sh, offer opens on November 5,closes on November 24
-Wyeth sues DRL over drug patent over anti-depressant drug
-Gayatri Projects may rope in Sembcorp for Krishnapatnam power plant expansion
-Eros Entertainment issue opens on September 17, closes on September 21
-Mircosec Fin IPO opens on September 17, closes on September 21

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Market outlook 08-09-2010

US Markets closed lower.
Europe markets ended negative.
Asian markets are trading in red.
Expect Indian Markets to open weak.
Nifty: (5604) Support 5547 and Resistance 5645.

INTRADAY BEEPS

BUY RENUKA TARGET 78 SL 68;
BUY TATA GLOBAL TARGET 140 SL 121;
BUY INDIA CEMENT TARGET 120 SL 110;
BUY TATA INVEST TARGET 585 SL 560;
BUY M&M FIN TARGET 645 SL 610;
BUY BALRAMCHIN TARGET 95 SL 87;
BUY SUN PHARMA TARGET 1750 SL 1700;
BUY ASTRA MICRO TARGET 70 SL 60;

Market outlook 07-09-2010

US Markets were closed yesterday.
Europe markets ended green.
Asian markets are trading mixed.
Expect Indian Markets to open flat.
Nifty: (5577) Support 5468 and Resistance 5620.

INTRADAY BEEPS

BUY TATA STEEL TARGET 590 SL 570;
BUY UFLEX TARGET 185 SL 176;
BUY FEDERAL BANK TARGET 360 SL 340;
BUY MPHASIS TARGET 670 SL 640;
BUY PROVOGUE TARGET 70 SL 64;
BUY WOCKHARDT TARGET 250 SL 238;
BUY THOMAS COOK TARGET 77 SL 70;
BUY RANBAXY TARGET 530 SL 515;
BUY GEODESIC TARGET 105 SL 99;
BUY APIL TARGET 735 SL 705;


STOCK BEEPS

-RComm to seek shareholder nod to raise funds via QIP issue
-HDFC Bank hikes benchmark PLR by 50 bps to 16.25%
-Orissa may find it tough to give us another mine: Vedanta
-Ind-Swift board approves preferential issue of 80 lakh convertible warrants to promoters group
-Andhra Cements allots 31 lakh shares at Rs 24/share to HDFC & IDFC against outstanding obligation
-SEL Manufacturing: Board meet on September 7 to decide upon issue of GDR up to USD 35 million
-Gujarat NRE Coke: Board Meet on September 10 to issue FCCB &Convertible warrants to promoters
-Telenor Investors plan to exit India as Venture's Losses Pile Up
-Karur Vysya board meets today on Bonus & Rights Issue
-Fortis may transfer realty assets to Singapore’s REITS to raise funds
-Oil Ministry refers Cairn India deal to SEBI
-Australia’s Oilex strikes huge natural gas discovery in Gujarat, may hold 1.5 trillion cubic feet
-South African body accuses Apollo Tyres of cartelization, told to pay admin penalty equal to 10% of its sales in FY08
-Labour union takes Raymond to court over workers’ compensation

" Hey frind Do u want earn money frm your twitter account ??.Don't waste ur time - http://spn.tw/r3a15 "

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Market outlook 07-09-2010

US Markets were closed yesterday.
Europe markets ended green.
Asian markets are trading mixed.
Expect Indian Markets to open flat.
Nifty: (5577) Support 5468 and Resistance 5620.

INTRADAY BEEPS

BUY TATA STEEL TARGET 590 SL 570;
BUY UFLEX TARGET 185 SL 176;
BUY FEDERAL BANK TARGET 360 SL 340;
BUY MPHASIS TARGET 670 SL 640;
BUY PROVOGUE TARGET 70 SL 64;
BUY WOCKHARDT TARGET 250 SL 238;
BUY THOMAS COOK TARGET 77 SL 70;
BUY RANBAXY TARGET 530 SL 515;
BUY GEODESIC TARGET 105 SL 99;
BUY APIL TARGET 735 SL 705;


STOCK BEEPS

-RComm to seek shareholder nod to raise funds via QIP issue
-HDFC Bank hikes benchmark PLR by 50 bps to 16.25%
-Orissa may find it tough to give us another mine: Vedanta
-Ind-Swift board approves preferential issue of 80 lakh convertible warrants to promoters group
-Andhra Cements allots 31 lakh shares at Rs 24/share to HDFC & IDFC against outstanding obligation
-SEL Manufacturing: Board meet on September 7 to decide upon issue of GDR up to USD 35 million
-Gujarat NRE Coke: Board Meet on September 10 to issue FCCB &Convertible warrants to promoters
-Telenor Investors plan to exit India as Venture's Losses Pile Up
-Karur Vysya board meets today on Bonus & Rights Issue
-Fortis may transfer realty assets to Singapore’s REITS to raise funds
-Oil Ministry refers Cairn India deal to SEBI
-Australia’s Oilex strikes huge natural gas discovery in Gujarat, may hold 1.5 trillion cubic feet
-South African body accuses Apollo Tyres of cartelization, told to pay admin penalty equal to 10% of its sales in FY08
-Labour union takes Raymond to court over workers’ compensation

" Hey frind Do u want earn money frm your twitter account ??.Don't waste ur time - http://spn.tw/r3a15 "

BUZIBIZ

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MARKET OUTLOOK 06=09-2010

US Markets closed positive.
Europe markets ended green.
Asian markets are trading positive.
Expect Indian Markets to open positive and follow global market.
Nifty: (5479) Support 5463 and Resistance 5549.

INTRADAY BEEPS

BUY HOTEL LEELA TARGET 60 SL 52;
BUY KFA TARGET 68 SL 61;
BUY BHARTI AIRTEL TARGET 345 SL 332;
BUY KARNATAKA BANK TARGET 189 SL 175;
BUY TV18 TARGET 102 SL 93;
BUY ATLAS CYCLE TARGET 294 SL 274;
BUY ZEEL TARGET 295 SL 283;
BUY BHUSHAN STEEL TARGET 1890 SL 1830;
BUY IGL TARGET 358 SL 349;
BUY PETRONET TARGET 118 SL 112;

Weekly Report 04-09-2010

With data showing improvement in the US macroeconomic numbers,especially in manufacturing and payrolls, the global risk aversion could subside further. Monday promises to be a good day for the bulls,as world markets are expected to rejoice a better than expected US jobs data. The overall lost jobs were lower than forecast and private hiring turned out to be higher than anticipated. But, the unemployment rate is still pretty high at 9.6%. Jobless rate is also pretty elevated in the debt-plagued euro-zone, which could see some slowdown due to the tough austerity measures.

Japan has just joined the US in announcing fresh quantitative easing to bolster growth even as the ECB has extended its very own bank lending program. China of course has its own set of issues. So, not all is well with the world economy. As a result, we will continue to face volatility - both in economic statistics as well as in the markets. So, after a good start to the week, we may see the markets turning choppy again as investors realise that a full-fledged recovery will take painfully longer than anticipated.

Not much data is due out of the US or China next week though a few key reports are expected out of other parts of the world. Australia, Japan, Canada and the UK will announce latest interest rate decisions.Japan will also announce its latest GDP data. For India, the key events will be the IIP report, to be released on Sept. 10., apart from monthly inflation and the outcome of the RBI meeting in the middle of the month. The broad undertone will continue to be cautious. Large caps will face resistance at higher levels but the party may continue in the non-index counters.

" Hey frind Do u want earn money frm your twitter account ??.Don't waste ur time - http://spn.tw/r3a15 "

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Weekly Report 04-09-2010

With data showing improvement in the US macroeconomic numbers,especially in manufacturing and payrolls, the global risk aversion could subside further. Monday promises to be a good day for the bulls,as world markets are expected to rejoice a better than expected US jobs data. The overall lost jobs were lower than forecast and private hiring turned out to be higher than anticipated. But, the unemployment rate is still pretty high at 9.6%. Jobless rate is also pretty elevated in the debt-plagued euro-zone, which could see some slowdown due to the tough austerity measures.

Japan has just joined the US in announcing fresh quantitative easing to bolster growth even as the ECB has extended its very own bank lending program. China of course has its own set of issues. So, not all is well with the world economy. As a result, we will continue to face volatility - both in economic statistics as well as in the markets. So, after a good start to the week, we may see the markets turning choppy again as investors realise that a full-fledged recovery will take painfully longer than anticipated.

Not much data is due out of the US or China next week though a few key reports are expected out of other parts of the world. Australia, Japan, Canada and the UK will announce latest interest rate decisions.Japan will also announce its latest GDP data. For India, the key events will be the IIP report, to be released on Sept. 10., apart from monthly inflation and the outcome of the RBI meeting in the middle of the month. The broad undertone will continue to be cautious. Large caps will face resistance at higher levels but the party may continue in the non-index counters.

" Hey frind Do u want earn money frm your twitter account ??.Don't waste ur time - http://spn.tw/r3a15 "

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MARKET OUTLOOK 03-09-2010

US Markets closed higher.
Europe markets ended flat.
Asian markets are trading mixed.
Expect Indian Markets to open in green.
Nifty: (5486) Support 5453 and Resistance 5549.

INTRADAY BEEPS

BUY DWARIKESH SUGAR TARGET 99 SL 89;
BUY DHAMPUR SUGAR TARGET 73 SL 65;
BUY SUZLON TARGET 54 SL 49;
BUY CHAMBAL FERT TARGET 75 SL 68;
BUY EXIDE TARGET 163 SL 150;
BUY ACE TARGET 74 SL 67;
BUY GODREJ PROP TARGET 800 SL 785;
BUY TEXMACO TARGET 165 SL 155;
BUY BEML TARGET 1080 SL 1010;
BUY BAJAJ HIND TARGET 130 SL 117;

STOCK BEEPS

-Ashok Leyland August total bus & truck sales at 7,480 units vs 4,784 units (YoY)
-Transwarranty Finance Board Meet on September 6 for foray into Natural Resources
-Board Meet of Jindal Poly on Bonus & fund raising
-Adani Power gets nod to bid for Kosovo power project
-DLF defers sale of non-core assets
-Govt determined to implement mining tax of 26% on profits, even captive players may have to share profits
-SKIL Infra to raise Rs 2500 crore to fund infra, education projects
-Sanjiv Goenka plans big expansion for CESC, Ceat after amicable settlement with Harsh Goenka

Ex-dates
-Cipla: Ex-Dividend @ Rs 0.8/share
-Container Corp: Ex-Dividend @ Rs 8/share
-HPCL: Ex-Dividend @ Rs 12
-Power Finance: Ex-Dividend @ Rs 1.5/share
-Supreme Inds: Ex-Dividend @ Rs 13
-Swaraj Mazda: Ex-Dividend @ Rs 4
-NRB Bearing: Ex-Bonus 1:1

" Hey frind Do u want earn money frm your twitter account ??.Don't waste ur time - http://spn.tw/r3a15 "

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Market outlook 02-09-2010

US Markets closed higher.
Europe markets ended positive.
Asian markets are trading green.
Expect Indian Markets to open positive.
Nifty: (5472) Support 5459 and Resistance 5549.

INTRADAY BEEPS

BUY SBT TARGET 875 SL 835 ;
BUY SBB&J TARGET 780 SL 750;
BUY IOC TARGET 440 SL 415;
BUY BHARTI AIRTEL TARGET 350 SL 335;
BUY IBREALEST TARGET 180 SL 170;
BUY TATA COMMUNCATION TARGET 360 SL 343;
BUY ONMOBILE TARGET 345 SL 325;
BUY HDIL TARGET 270 SL 255;

STOCK BEEPS

-Idea Cellular denied 3G spectrum in Punjab
-Reliance Broadcast Board approves preferential allotment at Rs 85/share
-Essar Group completes acquisition of AGC Networks
-Hero Honda August total sales at 4.24 lakh units versus 4.15 lakh units (YoY)
-Aegis Logistics Approves fund raising Rs 100 crore via equity instruments, stock split in ratio of 5:1
-Unity Infraprojects bags orders worth Rs 103.3 crore
-Steel companies hike prices
-GERC forces Adani to supply power at Rs 2.35/unit for 25 years, order seen a big hit for company – DNA
-AstraZeneca, Aurobindo near supply deal(buzz of company selling 10% stake to AstraZeneca)
-Alanjit in talks with Oberois to sell 4% stake – Agencies

Ex-Dates

-Apollo Hospital: Ex-Split 2:1
-Federal Bank: Ex-Dividend @ Rs.5
-Gail : Ex-Dividend @ Rs 5.5/share
-State Bank of Mysore : Ex-Rights @ 3:10
-Unitech : Ex-Dividend @ Rs 0.2/share

" Hey frind Do u want earn money frm your twitter account ??.Don't waste ur time - http://spn.tw/r3a15 "

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