MARKET OUTLOOK 01-09-2010

US Markets closed flat. Europe markets ended green. Asian markets are trading positive. Expect Indian Markets to open positive.. Nifty: (5402) Support 5386 and Resistance 5447. INTRADAY BEEPS BUY M&M TARGET 650 SL 610; BUY BATA INDIA TARGET 330 SL 300 ; BUY AMBUJA CEMENT TARGET 128 SL 120; BUY GLOBUS SPIRIT TARGET 170 SL 160; BUY JBF IND TARGET 150 SL 140; BUY INDIAN HOTEL TARGET 107 SL 99; BUY BAJAJ HIND TARGET 117 SL 111; BUY APOLLO TYRE TARGET 75 SL 69; BUY ADANI POWER TARGET 140 SL 133; STOCK BEEPS -Kingfisher Airlines Will immediately seek to raise up to USD 250 million by way of GDR -Sun Pharma's US subsidiary gets warning letter from US FDA -Sun Pharma announces USFDA approval for generic Strattera Capsules -Natco Pharma to partner US company to market generic Revlimid:Sources...

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MARKET OUTLOOK 31-08-2010

US Markets closed lower.Europe markets also ended down. Asian markets are trading negative.Expect Indian Market to opem weak. Nifty: (5415) Support 5366 and Resistance 5453.INTRADAY BEEPS BUY CORE PROJECT TARGET 275 SL 253;BUY MUNDRA PORT TARGET 790 SL 750; BUY POWER GRID TARGET 114 SL 104;BUY USHA MARTN TARGET 90 SL 81; BUY UNIPHOS TARGET 180 SL 190;BUY PFC TARGET 375 SL 340; STOCK BEEPS -RIL buys 14.12% stake in EIH for Rs 1,021 crore;deal price works out to be Rs 184/share (CMP Rs 151) -ONGC seeks details of Vedanta's Cairn India deal -RBI gives clearances to banks for restructuring aviation loans;positive for airline companies-Kingfisher board meets today on GDR Issue -Pharmac to fund Dr Reddy's Quetiapine brand-Kwality Dairy board approves fund raising up to Rs 1000 crore via rights,...

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Weekly Report 30-08-2010

For the week ahead chartists predict trading range of 5,320-5,550 for the Nifty.

Cut short term longs if indices trade below the key support levels at 5,340.
Expect resistance to the indices at 5,460 and
5510.Expectedly after the recent euphoric run, profit booking was seen in the banking and auto counters.
Range bound consolidation is indicated for some more time. Rumours of
impending price hike in petro products have propelled OMCs to new
highs. Use corrections to buy IOC, BPCL, HPCL and GAIL for medium
term.FMCG stocks continue to be good defensive bets. Stay invested in ITC and Dabur.
Improvement in prices at LME may trigger relief rally in select metal
counters. Hold Tata Steel for further gains.
From the PSU stable PFC, REC, Power Grid, BEL and BHEL may seek higher
levels in near term.Comeback...

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MARKET OUTLOOK 27-08-2010

Please join our twitter for live tips http://twitter.com/buzibizUS Markets closed negative.Europe markets ended positive.Asian markets are trading weak.Expect Indian Markets to open flat.Nifty: (5478) Support 5416 and Resistance 5506.INTRADAY BEEPSBUY INDUSIND BANK TARGET 240 SL 217;BUY JYOTI STRUC TARGET 155 SL 140;BUY CERA TARGET 370 SL 350;BUY OPTO CRCUITS TARGET 290 SL 277;BUY APOLLO TYRE TARGET 77 SL 71;BUY TIIL TARGET 70 SL 64;BUY ELECTHERM TARGET 330 SL 313;BUY CENTRALBK TARGET 190 SL 177;BUY THOMASCOOK TARGET 73 SL 66;STOCK BEEPS-Jet Airways sought RBI approval to raise USD 750 million via ECBs-L&T to foray into banking to strengthen core funding, Naik said in AGM-REI Six Ten Retail Board approves Fund raising in one or moretranches up to $200 million-ONGC board okays Rs 372 crore...

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MARKET OUTLOOK 26-08-2010

US Markets closed green.Europe markets ended negative. Asian markets are trading mixed.Expect Indian Markets to open flat. Nifty: (5462) Support 5416 and Resistance 5493. Volatilty expectedbeing expiry day. INTRADAY BEEPSBUY RAYMOND TARGET 390 SL 370; BUY CENTURY PLY TARGET 72 SL 65;BUY HCL TECH TARGET 425 SL 403 ; BUY BHARAT FORGE TARGET 365 SL 350;BUY OPTO CIRCUITS TARGET 285 SL 270; BUY MARICO TARGET 135 SL 124;BUY KPR MILL TARGET 205 SL 193; BUY NATCO PHARMA TARGET 250 SL 230; STOCK BEEPS-Sesa Goa Minority shareholder moves SC against Cairn open offer -Mukesh Ambani Restructures holding companies that control RIL -Gayatri Projects: Banks sanction debt requirements to its arm which is developing 1320MW power plant ((Financial Closure)) -Aegis Logistics board meet on September 1 to raise...

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Rakesh Junjunwala portfolio

 Please join our twitter for live tips http://twitter.com/buzibiz Rakesh Jhunjhunwala has reduced stakes recently in some companies such as JB Chemicals, Mid-Day Multimedia, Praj Industries, Rishi Laser, Titan Industries and Vadilal Industries. These conclusions are based upon declared shareholding patterns of Rakesh Jhunjhunwala portfolio companies in 2010 till now. Praj (nearly 16,000 shares sold) and Titan Industries (around 2 lakh shares sold) appears modest, in other four stocks Rakesh Jhunjhunwala has reduced his stakes to below 1 per cent. In case of Mid-Day Multimedia, Jhunjhunwala sold his stocks (4.26 per cent for Rs 8 crore) a month before the company announcement of merger of its newspaper business with Jagran Prakashan. Eight stocks in his portfolio underperformed...

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Market outlook 25-08-2010

US Markets closed negative.Europe markets ended in red.Asian markets are trading lower.Expect Indian Markets to open weak.Nifty: (5505) Support 5453 and Resistance 5545.INTRADAY BEEPSBUY GLENMARK TARGET 300 SL 290;BUY AMAR REMED TARGET 118 SL 105;BUY OPTO CIRCUITS TARGET 290 SL 275;BUY UBL TARGET 365 SL 344;BUY SRF INDIA TARGET 290 SL 278;BUY ALLIED DIGITEL TARGET 250 SL 234;BUY NATCO PHARMA TARGET 240 SL 225;BUY TATA COFFEE TARGET 550 SL 515;STOCK BEEPS-Listing of Prakash Steelage today-NALCO cuts aluminium product prices by Rs 5,000/t-Temptation Foods Allots 1.53 crore shares @ Rs 36/share to non-promoters on preferential basis-TCS bags Rs 150 crore order from MP govt-Piramal Health puts 40 acres of prime land in Mumbai on block –-M&M-SSangyong to source USD 4-5 billion of components-Religare...

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MARKET OUTLOOK 20-08-2010

US Markets closed negative.Europe markets ended lower.Asian markets are trading in red.Expect Indian Markets to open negative.Nifty: (5540) Support 5493-5453 and Resistance 5567.INTRADAY BEEPS BUY NATCO PHARMA TARGET 225 SL 198;BUY WOCKHARDT TARGET 240 SL 212;BUY ICICI BANK TARGET 1030 SL 970;BUY BATA INDIA TARGET 335 SL 315 ;BUY PVR TARGET 170 SL 161;BUY CIPLA TARGET 310 SL 297;BUY BARTRONICS TARGET 135 SL 126; BUY EDUCOMP TARGET 600 SL 580;STOCK BEEPS-RPG group gives final touches to the realignment of biz between Harsh & Sanjiv Goenka, Harrisons Malayalam will continue to be with RB Goenka -Sebi rejects RIL's plea to settle insider charges-Jet seeks RBI nod to raise ECBs to pay rupee loans-GMR denies in talks with Chinese company for stakes sale in Intergen-GVK eyes Siemens 40% stake...

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Market outlook 19-08-2010

US Markets closed flat.Europe markets ended negative.Asian markets are trading mixed.Expect Indian Markets to open flat.Nifty: (5479) Support 5418 and Resistance 5545.INTRADAY BEEPS BUY IRB INFRA TARGET 300 SL 189;BUY DEEPAK FERT TARGET 170 SL 157;BUY CASTROL TARGET 500 SL 474;BUY CHAMBAL FERT TARGET 77 SL 69;BUY TATA MOTORS TARGET 1090 SL 1030;BUY ANANT RAJ TARGET 137 SL 148;BUY PIRAMAL HEALTH TARGET 525 SL 493;BUY INDIAN HOTEL TARGET 115 SL 104; BUY PANTALOON TARGET 500 SL 474;Market outlook 19-08-2010US Markets closed positive.Europe markets ended higher.Asian markets are trading mixed.Expect Indian Markets to open flat.Nifty: (5414) Support 5378 and Resistance 5469.INTRADAY BEEPSBUY INDIA INFOLINE TARGET 114 SL 103;BUY BPCL TARGET 690 SL 667;BUY INDIA BULLS TARGET 160 SL...

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MARKET OUTLOOK 18-08-2010

US Markets closed positive.Europe markets ended higher.Asian markets are trading mixed.Expect Indian Markets to open flat.Nifty: (5414) Support 5378 and Resistance 5469. INTRADAY BEEPSBUY INDIA INFOLINE TARGET 114 SL 103;BUY BPCL TARGET 690 SL 667;BUY INDIA BULLS TARGET 160 SL 150; BUY IOB TARGET 140 SL 128;BUY PRAKASH TARGET 186 SL 169 ;BUY ONMOBLE TARGET 335 SL 318;BUY JBF IND TARGET 145 SL 140;BUY CANARA BANK TARGET 540 SL 505 ;BUY YES BANK TARGET 340 SL 320 ;STOCK BEEPS -Bajaj Corp to List today on stock exchange:-Videocon/BPCL Announces oil discovery in the Rovuma Offshore Area 1 block-Future Ventures files DRHP to raise Rs 750 crore-S&P puts Vedanta on negative watch on Cairn India buy -Fitch downgrades Vedanta to BB+ on Cairn India buy-ONGC may counter bid for Cairn, Oil ministry...

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MARKET OUTLOOK 17-08-2010

US Markets closed flat.Europe markets ended flat.Asian markets are trading mixed.Expect Indian Markets to open flat.Nifty: (5418) Support 5359 and Resistance 5447.INTRADAY BEEPSBUY YES BANK TARGET 330 SL 314; BUY ANDHRA BANK TARGET 160 SL 150;BUY AJMERA TARGET 245 SL 217;BUY MOTHERSUMI TARGET 186 SL 179;BUY ADHUNIK TARGET 130 SL 117;BUY IDBI BANK TARGET 132 SL 120;BUY TATA CHEM TARGET 405 SL 378;BUY IBREALST TARGET 115 SL 108; BUY PRAJ INDS ONE WEEK DELIVERY TARGET 85STOCK BEEPS-Stocks Include in T2T w.e.f from August 20, Essar Shipping, Abhisekh Ind., Future Capital, Ramsarup Industries -Siemens VAI bags 10 million Euro Order From SAIL For Orissa Plant-Engine Faults ground 9 Kingfisher jets-Mahindra Satyam wins Upaid case-JSPL acquires land to start USD 2.1 billion. steel plant in Bolivia...

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MARKET OUTLOOK 16-08-2010

US Markets closed negative.Europe markets also ended lower.Asian markets are trading weak.Expect Indian Markets to open flat.Nifty: (5452) Support 5386 and Resistance 5495 INTRADAY BEEPSBuy Neyveli Lignite, SL Rs 156, target Rs 181. Buy Adani Enterprises, SL Rs 594, target Rs 688.Delivery Beeps Buy South Indian Bank Target 230 Buy Hanung Toys  Target 300MARKET OUTLOOK 13-08-2010US Markets closed negative. Europe markets ended flat.Asian markets also are trading mixed.Expect Indian Markets to open flat. Nifty: (5416) Support 5366 and Resistance 5447-5493.INTRADAY BEEPSBUY OPTO CIRCUIT TARGET 280 SL 266; BUY PARAL TARGET 360 SL 325;BUY UNION BANK TARGET 335 SL 326;BUY SHASUN CHEM TARGET 87 SL 80; BUY JHS TARGET 92 SL 75;BUY SUNDRMFAST TARGET 55 SL 51;BUY ASAHI INDIA TARGET 89 SL 77;...

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MARKET OUTLOOK 16-08-2010

US Markets closed negative.Europe markets also ended lower.Asian markets are trading weak.Expect Indian Markets to open flat.Nifty: (5452) Support 5386 and Resistance 5495 INTRADAY BEEPSBuy Neyveli Lignite, SL Rs 156, target Rs 181. Buy Adani Enterprises, SL Rs 594, target Rs 688.Delivery Beeps Buy South Indian Bank Target 230 Buy Hanung Toys  Target 300...

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MARKET OUTLOOK 13-08-2010

US Markets closed negative.Europe markets ended flat.Asian markets also are trading mixed.Expect Indian Markets to open flat.Nifty: (5416) Support 5366 and Resistance 5447-5493.INTRADAY BEEPSBUY OPTO CIRCUIT TARGET 280 SL 266;BUY PARAL TARGET 360 SL 325;BUY UNION BANK TARGET 335 SL 326;BUY SHASUN CHEM TARGET 87 SL 80;BUY JHS TARGET 92 SL 75;BUY SUNDRMFAST TARGET 55 SL 51;BUY ASAHI INDIA TARGET 89 SL 77;BUY NEYVELI LIGNITE TARGET 175 SL 165;BUY BIOCON TARGET 340 SL 330;BUY MRPL TARGET 85 SL 77;STOCK BEEPS-Results today: Adani Enterprises, Reliance Communications, Suzlon,Wockhardt, Cipla, Tanla Solutions, Deccan Chronicle, HMT, Saregama India, Patel Engineering, Finolex Inds-Essar Shipping to demerge shipping, logistics and oil fields businesses into a separate entity;Demerger will create 2...

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Market outlook 12-08-2010

US Markets closed negative.Europe markets ended red.Asian markets are trading lower.Expect Indian Markets to open negative.Nifty: (5420) Support 5342 and Resistance 5474.INTRADAY BEEPSBUY HIND PETRO TARGET 475 SL 455;BUY ORIENT PAPER TARGET 60 SL 51;BUY BAJAJ HIND TARGET 120 SL 110;BUY BPCL TARGET 670 SL 650;BUY CREWBOS TARGET 119 SL 110;BUY ANANTRAJ TARGET 140 SL 125;BUY SUNDRAM FAST TARGET 53 SL 47;STOCK BEEPS-Results Today: SBI, Tata Steel, Tata Motors, Ranbaxy, Divis Labs,Shree Renuka, MTNL, Ansal Propperties, Apollo Hospital, Cummins India,Indraprastha Gas, Indo Rama Syn, Indiabulls Real Estate, HPCL,Hindustan Copper, Hathway Cable, Dishman Pharma, Moser Baer, PTC India, Talwalkar-M&M Selected as preferred bidder to acquire controlling stake in Ssangyong Motors-Aksh Optic Fibre QIP...

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Stock beeps 11-08-2010

-Results today: Bharti Airtel, Bajaj Hindusthan, Videocon Industries,Parsvnath, Bharati Shipyard, Bosch, Everonn, Financial Tech, Man Aluminium, Marg, Sundram Fast -Asian Hotel (East) to list today-SEBI to take decision on equity trading on MCX-SX by September 30-ONGC says: Govt likely to raise more than Rs 13,000 crore from 5% stake sale-DoCoMo to invest USD 1 billion in Tata Teleservices, expected to get 10-15% more in the company-Canadian firm offer to buy out GMR’s stake in Intergen for USD 1 billion-SCI board meet today on FPO-HCC bags contract worth Rs 121.2 crore-Vadilal Ind board approves fund raising up to Rs 80 crore via equity linked instruments-Rohit Ferro-Tech started commercial production of the company's new 100% EOU at HaldiaEx-Dates-D-Link - Ex-Dividend @ Rs 1/share-Honda...

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MARKET OUTLOOK 10-08-2010

US Markets closed positive.Europe markets ended higher.Asian markets are trading mixed.Expect Indian Markets to open flat.Nifty: (5486) Support 5431 and Resistance 5492-5545.INTRADAY BEEPSBUY CENTURY TEXT TARGET 490 SL 465; BUY GIC HSG TARGET 140 SL 130;BUY PIPAVAV TARGET 113 SL 105;BUY CANFIN HOME TARGET 165 SL 154;BUY ESSAR SHIP TARGET 133 SL 125;BUY TATA COMM TARGET 310 SL 287;BUY AJMERA TARGET 185 SL 171;BUY BALLARPUR TARGET 38 SL 34; BUY PARSVNATH TARGET 142 SL 133;BUY AUTOIND TARGET 190 SL 179;STOCK BEEPS-Results today: Tata Motors, Educomp, Rolta India, Great Offshore,Hindustan Motors,  Nagarjuna Construction, Piramal Healthcare, Asian Hotels, Prime Focus, Amtek Auto, IVRCL   Infra, RCF, Jai Corp, KRBL -Kalindi Rail board Meeting on August 12, 2010 to consider issuance...

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Market outlook 09-08-2010

US Markets closed weak.Europe markets ended red.Asian markets are trading mixed.Expect Indian Markets to open flat.Nifty: (5439) Support 5402 and Resistance 5487.INTRADAY BEEPSBUY PIDLITE TARGET 152 SL 145;BUY BPCL TARGET 665 SL 645;BUY RAYMOND TARGET 250 SL 238;BUY UB ENGG TARGET 220 SL 210;BUY MANAPPRAM TARGET 119 SL 110;BUY MAX INDIA TARGET 170 SL 160;BUY DEN TARGET 245 SL 233;BUY ESSAR SHIP TARGET 120 SL 113;BUY ZEEL TARGET 314 SL 304;BUY IDFC TARGET 185 SL 179;STOCK BEEPS-Results Today - BF Utilities, Britannia Inds, Dalmia Cement,Dwarikesh Sugar, Electrosteel Casting, Finolex Cables, Goodyear India, Hindustan Organic, Jain Irrigation, Opto Circuits, Reliance Capital, Sujana Towers, Tulip Telecom, Monnet Ispat-SAIL FPO likely by 2nd half of January-Genus Power Infrastructures Board...

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Market outlook 06-08-2010

US Markets closed weak.Europe markets ended flat.Asian markets are trading negative.Expect Indian Markets to open flat.Nifty: (5447) Support 5407 and Resistance 5487.INTRADAY BEEPSBUY VARUN SHIP TARGET 50 SL 45 ;BUY BRFL TARGET 267 SL 258;BUY SKUMARS NAT TARGET 87 SL 82;BUY MLL TARGET 58 SL 51 ;BUY GE SHIPPING TARGET 325 SL 310;BUY ANDHRA BANK TARGET 150 SL 143;BUY ASHOK LEY TARGET 77 SL 70;BUY ABAN TARGET 935 SL 895;STOCK BEEPS-Results today: Power Grid, Edserv Soft, Fortis Health, ICSA India,Prakash Inds, RCF, Gammon Infra, Reliance Media Works RCF results postponed to 10th-Vodafone open to selling 4% stake in Bharti-Promoter holding in Indian Hotels Co will go up as per Ratan Tata-SEBI ask companies to file shareholding 1 day prior to listing-SEBI ask companies must disclose every 2% shareholding...

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