Market outlook 27-10-2010

US Markets closed flat.Europe markets ended negative.Asian markets are trading mixed.NIFTY OPENING =FLAT BULLISH TILL NOONSUP:6085 -6033 RES:6161+OI INDICATES ORCHID BLAST TODAY OR TOMORROWBUY SURYALA 514138 NEAR 200 SL:191 TGT:210-222/INTRADAY BEEPSBUY TATA CHEM TARGET 455 SL 435;BUY FIRST LEASE TARGET 93 SL 85;BUY JKIL TARGET 260 SL 250;BUY GABRIEL TARGET 73 SL 68;BUY SURYA PHARMA TARGET 325 SL 305;BUY TWL TARGET 510 SL 490;BUY MARUTI TARGET 1600 SL 1550;BUY GODREJ IND TARGET 233 SL 225;BUY HT MEDIA TARGET 175 SL 168;STOCK BEEPS-IPO Listings Today: Prestige Estates, BS Transcomm, Gyscoal Alloys-LIC Housing Finance board meet on stock split today-Stocks in F&O curb: Aban Offshore, Chambal Fertiliser, Core Proj,Everest Kanto, Essar Oil, Ispat, JSW Holdings, Nagarjuna Fert, Orchid Chemical,...

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Market outlook 26-10-2010

-Coal india Issue price at Rs 245 a share, Price at upper end of price band-SC dismisses L&T appeal on NTPC tender-SEBI have tightened rules on preferential issue to promoters-Red Fort Cap invests Rs 120 crore in Parsvnath Developers-ONGC may go off sell off list as govt plans to cap disinvestment target at Rs 40,000 crore this year-Results today: Central Bank, Dena Bank, Deepak Fertiliser, Dish TV,Gujarat Alkalies, HCL Infosystems, JB Chemical, Jindal Steel, JSW Steel, MRPL, Marico, NTPC, Raymond, SRF, Sterlite, Tamil Nadu Petro,Tech Mahindra, TV18, Ultratech Cem, United Phosphorous, VoltasDelivery Buy :Comapny:- Balkrishna IndustriesNSE Symbol:- BALKRISINDCMP:- 750Target :- 900Time Frame:- 6 MonthsBalkrishna Industries Ltd (BIL) is a niche tyre manufacturer of specialty/off highway tyres...

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Weekly Report 24-10-2010

Another week of consolidation has just gone by as the key Indian stock indices seem to be struggling for direction. Even the global markets are not doing a great deal as investors digest the latest corporate earnings amid prospects of further monetary easing by the Fed early next month. That will indeed be a big event that everyone will watch closely. China has just surprised the world by announcing rate hikes.Also, data this week suggested that the Chinese economy is moderating.The G-20 finance ministers will meet this weekend in South Korea ahead of next month's leaders' summit at the same venue. The G-20 meet comes amid a bitter global bickering over uneven trade and money flows hurting the recovery process. Nothing concrete is expected out of the G-20...

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Market outlook 21-10-2010

NIFTY WILL OPEN FLAT REMAIN RANGEBOUND -MARKET CAN SUSTAIN GREEN TILL NOON.IF NIFTY FUT NOT SUSTAIN ABV 6061 THEN BEARS WILL DRAG NIFTY DOWN TO 5989-71 - Time:8.48AM 21-10-2010FAST CALL FOR ONLINE TRADERS MERCK LTD BUY ZONE 921-38 SL:901 TGT ZONE 960-1075 SLOW CALL BUY JAYANT AGRO @142-143 SL:140 TGT:146-150 - Time:8.48AM 21-10-2010US Markets closed positive.Europe markets ended in green.Asian markets are trading mixed.INTRADAY BEEPSBUY ABG SHIPYARD TARGET 345 SL 315;BUY GSPL TARGET 130 SL 123;BUY POWERGRID TARGET 107 SL 102;BUY INDIA INFOLINE TARGET 115 SL 108;BUY KFA TARGET 77 SL 73;BUY IBREALST TARGET 215 SL 207;BUY FIEM IND TARGET 200 SL 190;BUY INDOCO TARGET 490 SL 460;BUY CHAMBAL FERT TARGET 89 SL 82;STOCK BEEPS-Coal India IPO closes today-Stocks in F&O curb: Aban, Core Proj, Ispat,...

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Market outlook 20-10-2010

US Markets closed negative.Europe markets ended in red.Asian markets are trading mixed.Expect Indian Markets to open negative.Nifty: (6027) Support 5963 and Resistance 6073. NIFTY RECOVER FROM 5981-59 IPO Listing Detail Listing Date: Wednesday, October 20, 2010NSE Symbol: OBEROIREALListing In: 'B' Group of Securities ISIN: INE093I01010Issue Price: Rs. 260.00 Per Equity Share Face Value: Rs. 10.00 Per Equity Share STOCK BEEPS -Oberoi Realty lists today, issue price Rs 260-Coal India IPO fully subscribed.-Piramal Healthcare board meet on October 22 to mull dividend and/or buyback-Alok Ind board meet on October 28 to mull merger with Grabal Alok Impex-Crisil announces buy back at maximum at Rs 6500/share, offer opens of November 3 ((CMP: 6141))-Premji to launch USD 1 billion endowment fund-GTL...

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Nifty view on 18-10-2010

NIFTY FLAT TO WEAK .FII STARTED SELLING .DII WITHDRAW MONEY TO INVEST COALIND IPO .WAIT FOR CLEAR TREND ..NO CALLS NOW Gap down opening is expected with negative sentiments. Session will be in bears grip ...reason CIL mega ipo and fear in financial and IT sector due to strengthening of rupee...Last 2 weekly candles on charts closed in red and confirmed that bulls lost their strength ... advised to book profits in over priced stocks and sit on cash ....on Friday we saw profit booking in entire session ...please have a look ...It is recommended that book your profits at each swing high...and try to enter in stocks which are available at oversold zones at low valuations ... Trade according to the TREND ...Do not oppose the storm, it will trouble you....Do not risk your hard earned...

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Weekly Report 16-10-2010

The big story for the coming week will of course be the mega Coal India IPO which opens on Monday. Meanwhile, the volatile consolidation phase continues in the Indian market. Investors seem to be treading cautiously given that we are in the midst of the earnings season.Also, some cooling was expected as last month's rally had left the market a little overheated. So, after five straight weeks of advance,which lifted the key indices near their all-time highs, we have seen a minor pullback over the last two weeks. Still, the bulls almost pulled off new highs in the middle of this week when the Sensex soared by nearly 500 points only to retreat in the next two sessions.After this week's volatility people are bound to be a little jittery about the near-term prospects for the market. And, there...

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Market outlook 12-10-2010

NIFTY OPEN FLAT.THEN WEAK GLOBAL MKTSWEAK OUTLOOKNEGATIVE .STRNG RES:6166SPOT /6194 FUT AFTER FEW DAYS WEAKNESS NIFTY WILL HIT HIGHINTRADAY BEEPSBUY KRBL TARGET 45 SL 39;BUY GODREJ IND TARGET 240 SL 228;BUY TALWALKERS TARGET 250 SL 237;BUY AARTI IND TARGET 75 SL 69;BUY PRATIBHA TARGET 85 SL 77;BUY JBCHE PHARMA TARGET 116 SL 107;BUY SUPREME PETRO TARGET 82 SL 75;BUY DAAWAT TARGET 78 SL 68;BUY TATA ELXI TARGET 288 SL 277 ;BUY TATA MOTORS TARGET 1165 SL 1140;STOCK BEEPS-Listing today: Tecpro Systems and Cantabil Retail-Results today: Castrol, Exide, Kajaria Ceramics, Magma fincorp, Goa carbon, IL&FS Investment Managers, Tata Metaliks-Suzlon Board allots 3.19 crore shares on preferential basis to IDFC PE for acquisition of 17.1% stake of SE forge ltd-In F&O ban: Core projects, EKC, Essar...

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Value Pick for Long Term Delivery

Comapny:Tamil Nadu Newsprint and Papers Limited (10-10-2010)NSE Symbol: TNPLCMP: 140Target: 170Company BackgroundTamil Nadu Newsprint and Papers Limited (TNPL) was established by the Government of Tamil Nadu during early eighties to produce Newsprint and Printing & Writing Paper using bagasse, a sugarcane residue, as primary raw material.Over the years, TNPL has increased its capacity to 245,000mtpa and has emerged as the largest bagasse based Paper Mill in the world consuming about one million tonnes of bagasse every year.TNPL exports about a fifth of its production to more than 30 countries including Australia, Indonesia, Nigeria, Singapore and South Africa.It is the market leader in computer stationary and the largest exporter of wood-free paper.Investment RationaleCapacity Expansion...

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Market outlook 08-10-2010

US Markets closed mixed.Europe markets ended positive.Asian markets are trading mixed.Expect Indian Markets to open flat.Nifty: (6186) Support 6100 and Resistance 6222.INTRADAY BEEPSBUY BINANI CEMENT TARGET 100 SL 93;BUY MOTILALOFS TARGET 220 SL 207 ;BUY TITAN TARGET 3500 SL 3375;BUY CRESTANI TARGET 110 SL 100;BUY MUNDRA PORT TARGET 188 SL 177;BUY KFA TARGET 80 SL 74;BUY HDIL TARGET 290 SL 280;BUY CHOLA FIN TARGET 200 SL 185;BUY CROMPTON GREAV TARGET 335 SL 325;STOCK BEEPS-Zee Entertainment goes ex-scheme of arrangement, new F&O contracts to be introduced-Vivimed Labs board meet on October 9 to consider capital raising-Indswift Labs postpones board meeting on warrant allotment to promoters-Kalpataru Power to invest Rs 90 crore in JMC Projects via buying 43.5 lakh shares at Rs 207/sh ((JMC...

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Market outlook 06-10-2010

US Markets closed higher.Europe markets ended positive.Asian markets are trading in green.Expect Indian Markets to open positive.Nifty: (6146) Support 6100 and Resistance 6250.INTRADAY BEEPSBUY ABAN TARGET 925 SL 880;BUY INDUSIND BANK TARGET 290 SL 275;BUY ESSAR OIL TARGET 150 SL 142;BUY DCHL TARGET 140 SL 130;BUY UCO BANK TARGET 130 SL 123;BUY ABG SHIPYARD TARGET 280 SL 260;BUY RUCHISOYA TARGET 140 SL 130;BUY RNRL TARGET 43 SL 40;BUY MLL TARGET 68 SL 60;BUY NDTV TARGET 120 SL 112;STOCK BEEPS-Eros International Media IPO listing today-Career Point Infosystems IPO listing today-Cabinet okays divestment in SCI;Govt to sell 10%;to raise Rs 1,300;Govt's stake fall to 63.75% from 80%-Actis PE Fund looking to sell entire 66% stake in Halonix-OnMobile buys 3G Technology Solutions from Dilithium Networks-Confidence...

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STOCK BEEPS 05-04-2010

-Microsec Financial listing today, issue price at Rs 118/share-Financial Tech sells 1.86 million shares of Indian Energy Exchange at Rs 115.4/sh-IVRCL Assets to issue 11.63 million shares on preferential basis at Rs 129/sh-Manappuram General board approves fund raising up to Rs 1000 crore via QIP-Sterling Biotech makes full Redemption of USD 175 million FCCB due 2010-Adani Enterprises may make A$ 2 billion bid for Port of Brisbane that is been privatized-SEBI unlikely to clear Vedanta open offer for Cairn India till govt clears the deal-Aurobindo likely to sign another out licensing deal with a MNC-RIL Crude output drops 31%, company to raise USD 1 billion via bonds-Piramal Health planning to merge Piramal Life Sciences into itself-Mahindra Life buys 2 plots from group co to build homes-BT...

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