Intraday Calls for 31st August

Market opens flat to positive but remain volatile and may close flat to nagetive. Some profit booking can be seen.

Sensex support 15000, 14850 and Resistance 15300.
Nifty Support 4290, 4350 and Resistance 4440.

Buy for Today:

Areva T&D (1690) Target 1725+ SL 1675
Shyam Tele (82) Target 85 SL 79
Mid-Day Multimedia (45) Target 48-50 SL 43
Dish TV (79) Target 83-85 SL 76
Hotel Leela (42) Target 45 SL 40
Exide Ind (61) Target 65 SL 58
Genus Oversease (470) Target 480 SL 466
Siemens (1252) Target 1270 SL 1245
VSNL (407) Target 412-415 SL 402

Others: Nagarjuna Fert (36), S Kumar Nation (108), IDBI (118), Donear (209), Ahmednagar Forging (250).

Good Luck

Markets Today

The markets ended in green backed by strong global cues. The uptrend was well supported by auto, banking, steel, telecom and IT stocks. Realty, aluminium and oil & gas stocks were under pressure. Sensex closed above 15,100 mark and Nifty closed above 4,400 mark. BSE Smallcap outperformed and was up nearly 1%.
Top gainers on the indices are Siemens, Hero Honda, GSK, Sterlite, HDFC Bank, Reliance Communication, VSNL, Tata Motors, Mah and Mah, Ranbaxy Labs.
Top losers on the indices are BPCL, SBI, Cipla, NTPC, Nalco, GAIL, Zee Entertainment, Hindalco, Reliance Energy and Grasim.
Axis Bank, Puravankara Projects and HDIL were the most actively traded counters today.
Nifty September Future discount has once again slipped to 54.55 points at 4413.
Sensex was up 128.70 points or 0.86% at 15121.74, and the Nifty up 53.00 points or 1.22% at 4412.30.
About 1726 shares have advanced, 1204 shares declined, and 86 shares are unchanged.
The BSE Midcap Index ended at 6,485.44 up 35.05 points or 0.5%.
The BSE Smallcap Index ended at 7,957.96 up 84 points or 1.06%.
The BSE Capital Goods Index was up 0.5% at 13,306.72. Triveni Engg, Areva T&D, Jyoti Structure, Siemens, Kirloskar Bros closed higher.
The BSE Health Care Index was up 0.4% at 3,501.17. GlaxoSmithKline, Panacea Biotech, Sun Pharma, Novartis India, Wockhardt were among the top gainers.
The BSE Auto Index closed closed at 4,776.70 up 1.4%. Amtek Auto, Escorts, Exide Industrie, TVS Motor ended higher.
The BSE Metal Index closed at 11,297.31 up 1%. SAIL, Shree Precoated, Sterlite Ind, Jindal Steel, Sesa Goa advanced.
The BSE FMCG Index gained 1% at 1,949.32. Nestle, United Brewerie, GlaxoSmith Con, Dabur India, ITC closed higher.
BSE Oil and Gas Index closed at 7,936.51 up 0.5%. Reliance, Petronet LNG, ONGC, BPCL, HPCL, Essar Oil ended in green.
The BSE IT Index lost 1% at 4,552.30. Patni Computer, HCL Tech, Financial Tech, Mphasis, Infosys closed lower
The BSE Bankex was up 1.3% at 7,751.50. Allahabad Bank, Axis Bank, Federal Bank, HDFC Bank, Andhra Bank ended higher.
The NSE cash turnover was at Rs 15091.47crore and the NSE F&O turnover was at Rs 71282.94 crore. The BSE cash turnover was Rs 5643.45 crore. Total market wide turnover was at Rs 92017.86 crore.

Source:moneycontrol.com

Intraday Calls for 30th August

Market can open with a gap up. Another positive closing expected.

Sensex Resistance 15200, 15350 Support 14900.
Nifty Resistance 4400, 4440 Support 4300

Today's Buy for Intraday:

Axis Bank (612) Target 630 SL 605
State Bank of India (1575) Target 1600+ SL 1565
Thermax Ltd. (632) Target 650 SL 625
GMR Infra (825) Target 850 SL818
Sel Manufacturing (164) Target 172-175 SL 158
KPR Mills (182) Target 190 SL 178
Renuka Sugar (532) Target 540-548 SL 525
Mic Electronics (428) Target 445 SL 422
Asian Granito (109) Target 115 SL 105

Others: Jayant Agro, Uttam Galva Steel, CHD Developers, UCO Bank.

Good Luck

Intraday Calls for 29th August

Market will open with a gap down about 300-400 points due to global weakness. But its a good buying opportunity. Market can recover from intraday lower levels.

Sensex Support: 14600, 14440 and Resistance 15000
Nifty Support 4240 and Resistance 4340, 4360

Buy at lower levels for intraday:

Bajaj Hindustan
Renuka Sugar
TTML
Triveni Eng.
Hexaware
GMR Infra
Axis Bank
KPR Mills

Good Luck.

Intraday Calls for 28th August

Market can open positive but profit booking can be seen at higher levels. So it may be flat trading throughout the day with high volatility.

Sensex Resistance 15000 and Support 14600, 14400
Nifty Resistance 4360, 4400 and Support 4290, 4240

Buy:

PSTL Target 330+ SL 315
Era Construction Target 505 SL 486
Essel Propack Target 62-65 SL 58
Moser Baer Target 295 SL 282
HCC Target 128-130 SL 120
Syndicate Bank above 75/- Target 78-80 SL 73
Corporation Bank Target 335 SL 318
IVRCL Target 375 SL 360
KPIT Target 120+ SL 114
Paramount Communication Target 30 SL 25

Sell (High Risk):
Indian Bank, India Cement, Zylog System.

Good Luck.

Intraday Calls for 27th August

Today's Market: A gap up opening & A positive closing expected. It can see some profit booking in mid-session but close with very nice gain.

Nifty Resistance 4300, Support 4140
Sensex Resistance 14600, 14740, Support 14300, 14200

Buy:

SBI Target 1490+ SL 1455
Reliance Capital Target 1110 SL 1075
Praj Industires Target 182-185 SL 174
BOI Target 230+ SL 220
ORBIT Corp Target 415-425 SL 390
Time Techno Target 540+ SL 510
PunjLlyod Target 252-255 SL 242
Mysore Cement Target 50+ SL 44
Sail Target 150+ SL 142
BHEL Target 1780 SL 1740
Century Textilie Target 765 SL 742

Good Luck

Markets Today

The markets ended higher after some initial hiccups shrugging off any political concerns and unceratinities. Buying was seen in scripa across sectors. The cues from global peers supported the uptrend. Midcap and smallcap stocks also participated in the rally giving markets healthy breadth.
Metal, auto, capital goods and oil & gas stocks were the outperformers. However, selling pressure is seen in select IT, realty and pharma stocks.
BHEL, Tata Motors, Reliance Energy were among the top gainers on Sensex.
JSW Steel, Arvind Mills, SEL Manufacturing, Ashok Leyland were the midcap gainers.
Top losers on the indices were Dr Reddy's, Suzlon, HCL Tech, VSNL and HDFC.
Sensex was up 260.89 points or 1.84% at 14424.87, and the Nifty up 75.20 points or 1.83% at 4190.15.
About 1704 shares have advanced, 1251 shares declined, and 56 shares are unchanged.
The BSE Midcap Index ended at 6,190.45 up 85 points or 1.4%.
The BSE Smallcap Index ended at 7,522.25 up 98 points or 1.3%.
The BSE Bankex closed at 7,315.43 up 1%. Kotak Mahindra, SBI, Union Bank, Bank of India, IOB moved upwards.
The BSE Capital Goods Index was up 2% at 12,622.23. SKF India, Punj Lloyd, BHEL, Areva T&D, Alstom Projects, BEML closed higher.
The BSE Health Care Index was up 1% at 3,424.02. Wyeth, Divis Labs, Orchid Chemical, Ranbaxy Labs, Glenmark closed higher.
The BSE Auto Index closed at 4,569.26 up 2.4%. Tata Motors, Escorts, Apollo Tyres, Cummins, TVS Motor advanced.
The BSE Metal Index closed at 10,276.60 up 3%. Hindalco, SAIL, NALCO, Sesa Goa, Sterlite Ind advanced higher.
The BSE FMCG Index gained 1% at 1,877.97. Tata Tea, Bata India, United Spirits, Nestle closed higher.
BSE Oil and Gas Index closed at 7,516.68 up 2%. Reliance Petro, ONGC, Essar Oil, Reliance, Petronet LNG ended in green.
The BSE IT Index closed at 4,408.48 up 1%. Satyam, Patni Computer, Mphasis, Wipro closed higher.
The NSE cash turnover was at Rs 8121.82 crore and the NSE F&O turnover was at Rs 43336.32 crore. The BSE cash turnover was Rs 3614.09 crore. Total market wide turnover was at Rs 55072.23 crore.

Source: Moneycontrol.com

Intraday Calls for 24th August

Market should open positive and can trade positively whole day with high volatility. Market can complete yesterday's due work.

Todays Buy:

India Cement
Ambuja Cement
Chambal Fert.
Reliance Capital
Everonn Systems
Orbit Corp
BOB
BOI
India Infoline
Emkay Shares

Good Luck.

Intraday Calls for 23rd August

Market opens with a gap up & remain positive whole day but with high volatility. So be very carefull.

Nifty Resistance 4250 & 4300 and Support 4100, 4030
Sensex Resistance 14400, 14550 and Support 14050, 13950

Buy IndiaBulls Target 465-470+ SL 450
Buy Everonn Systems Target 530+ SL 500
Buy Orbit Corp Target 405+ SL 378
Buy GMR Infra Target 740-750 SL 720
Buy Garware Offshore Target 195 SL 184
Buy Zylog System Target 455 SL 434
Buy BOI Target 225-228 SL 214
Buy BOB Target 265 SL 250

Others: Vivimed Labs, SBI, BHEL, Reliance Capital, REL.

Good Luck.

Markets Today

The markets ended in green amid a highly volatile session on the back of positive cues from Asia. Buying interest was seen in FMCG, metal and capital good stocks. However reeling under pressure were realty, auto and pharma stocks. The broader markets did not participate in the uptrend. BSE midcap is trading flat and smallcap closed down in red. Select IT stocks ended higher as rupee was trading around 41.035 against US dollar.
Top gainers on the indices are Bharti Airtel, ONGC, ITC, BHEL, Siemens, Sterlite Ind, Tata Steel and Mah and Mah.
Top losers on the indices are Cipla, Tata Motors, Maruti Udyog, Wipro, PNB, GSK and NTPC.
Sensex was up 259.55 points or 1.86% at 14248.66, and the Nifty up 78.25 points or 1.92% at 4153.15.
About 1194 shares have advanced, 1745 shares declined, and 68 shares are unchanged.
The BSE Midcap Index ended at 6,159.62 up 25 points or 0.4%.
The BSE Smallcap Index ended at 7,518.70 down 20 points or 0.3%.
The BSE Capital Goods Index was up 3.4% at 12,397.50. Siemens, Praj Industries, Suzlon Energy, BHEL, Areva T&D, Larsen, Alstom Projects closed higher.
The BSE Auto Index closed closed flat at 4,473.79. Mah and Mah, TVS Motor, Bajaj Auto, Bharat Forge, Exide Industrie, Cummins ended in the green.
The BSE Metal Index closed at 10,081.33 up 2.4%. Sterlite Ind, Tata Steel, Mah Seamless, Hind Zinc, Hindalco advanced.
The BSE FMCG Index gained 3% at 1,841.90. ITC, United Spirits, HUL, Marico, GlaxoSmith Con, Nestle closed higher.
BSE Oil and Gas Index closed at 7,511.33 up 1.4%. GAIL, ONGC, HPCL, Reliance, Reliance Petro ended in green.
The BSE IT Index gained 1% at 4,348.53. Patni Computer, Mphasis, HCL Tech, Infosys, Wipro closed higher.
The BSE Bankex was up 1% at 7,387.92. Federal Bank, Oriental Bank, Andhra Bank, Union Bank, ICICI Bank ended higher.
The BSE Realty Index lost 1% at 4,348.53 and BSE Health Care Index was flat at 3,426.00.
The NSE cash turnover was at Rs 10525.10 crore and the NSE F&O turnover was at Rs 51749.70 crore. The BSE cash turnover was Rs 4392.74 crore. Total market wide turnover was at Rs 66667.54 crore.

Source: moneycontrol.com

Intraday Calls for 22nd August

Market opens with negative but it can recovers and bounce back from lower levels.

Buy at panic.

Orbit Corp.
BHEL
IVRCL
TTML
EKC
Sujana Tower
Central Bank.
JP Hydro

Good Luck.

Intraday calls for 21st August

Market may opens flat or positively and go upword but profit booking can be seen at higher levels. So be very carefull and trade in small qty.

Sensex Resistance 14600. and Nifty Resistance 4300.

Buy:

JSW Steel
RCOM
India Info
JP Assosiates
REL Capital
VSNL
NitinFire
Hanung Toys
Paramount Communication
GDL
Indiabulls
Ambuja Cement.

New Listing: Central Bank, SEL. Keep an eye on Central Bank.

Good Luck.

Markets Today

The markets ended in green up with decent gains but off day's high on the back of bounce back in markets across Asia. However, the performance was subdued as compared to Asia, where markets closed with a gain of 3%-5%. This gain was largely supported by 50 bps cut in discount rate by the Fed. Indian markets underperformed mainly due to the uncertainity on the political front regarding the Indo US nuclear deal.
Europe was trading green but did not see any run away rally after seeing strong performance on Friday.
The discount futures discount had narrowed and was at 2 points by the close.
Except for the IT index all BSE sector indices closed in green. Banking, metal and power stocks were among the top gainers. Fertiliser stocks were also active on the bourses. The midcaps and smallcaps did well for themselves but outperformance came in from the largecaps.
Sensex was up 286.03 points or 2.02% at 14427.55, and the Nifty up 101.00 points or 2.46% at 4209.05.
About 2057 shares have advanced, 890 shares declined, and 59 shares are unchanged.
The BSE Midcap Index ended at 6,342.78 up 83 points or 1.3%.
The BSE Smallcap Index ended at 7,832.36 up 138 points or 1.8%.
The BSE Capital Goods Index was up 2.5% at 12,330.37. Suzlon Energy, Greaves Cotton, BHEL, AIA Engineering, Crompton Greave, L&T closed higher.
The BSE Health Care Index was up 1.5% at 3,538.59. GlaxoSmithKline, Ranbaxy Labs, Sun Pharma, Wockhardt, Apollo Hospital closed higher
The BSE Auto Index closed closed at 4,599.04 up 1%. Bharat Forge, TVS Motor, Ashok Leyland, Hero Honda, Amtek Auto, Escorts, Exide Industrie ended in the green.
The BSE Metal Index closed at 10,199.05 up 4%. Sterlite Ind, Shree Precoated, Tata Steel, SAIL, Mah Seamless, NALCO advanced.
The BSE FMCG Index gained 2% at 1,844.22 HUL, Dabur India, ITC, Marico, Godrej Consumer, Bata India closed higher.
BSE Oil and Gas Index closed at 7,620.91 up 2.6%. ONGC, GAIL, Essar Oil, Reliance Petro, Reliance, IOC ended in green.
The BSE IT Index lost 1% at 4,459.07. Satyam, Wipro, Infosys, closed lower.
The BSE Bankex was up 4% at 7,662.45. Kotak Mahindra, ICICI Bank, HDFC Bank, Axis Bank, Bank of India, Union Bank ended higher.
The NSE cash turnover was at Rs 8948.94 crore and the NSE F&O turnover was at Rs 40075.04 crore. The BSE cash turnover was Rs 3863.53 crore. Total market wide turnover was at Rs 52887.51 crore.

Source:Moneycontrol.com

Intraday Calls for 20th August

Market may bounce today. A gap up opening expected.
But be carefull and trade in small quantity & cut your long position at higher levels. Market can again see some correction in this month.

Buy Zylog System Target 450+ SL 425
Buy PSTL Target 295 SL 268
Buy Unitech Target 500+ SL 480
Buy Orchid Chem Target 215 SL 198
Buy Prithvi Info Target 290+ SL 272
Buy PunjLlyod Target 280 SL 256
Buy IDBI Target 122-125 SL 115

Others: Reliance, RCOM, Bharti Airtel, Axis Bank, ICICI Bank, Tech Mahindra, IVR Prime, Lok Housing, GMR Infra.

Good Luck.

Markets Today

It was one of the most volatile day for the markets in recent past wherein Sensex opened weak with over 150 points cut following second steepest ever drop yesterday and proceed to trade extremely weak on account of subprime issue coupled with Yen carried trade. Sensex fell nearly 600 points by the mid seesion but in post lunch trade the bulls put up brave fight leading to spectacular recovery over 500 points. But finally, bulls could not maintain their momentum and again markets slipped in late trade on the back of sharp sell off witnessed in metal and IT stocks.
Sensex ended down 216.69 points or 1.51% at 14141.52, and the Nifty was down 70.55 points or 1.69% at 4108.05. About 1010 shares have advanced, 1940 shares declined, and 52 shares are unchanged.
BSE Midcap was down 92.97 points or 1.46% at 6,259.47 and BSe Smallcap was down 102.46 points or 1.31% at 7,694.80.
BSE Auto index was down 101.32 or 2.17% at 4,560.85. Major losers in auto space were Cummins at Rs 358.05 down Rs 16.65 and Hind Motors at Rs 25.75 down Rs 1.10.
BSE Bankex was down 69.96 points or 0.94% at 7,351.37. Oriental Bank at 208.85 down Rs 9.80 and Kotak Mahindra at Rs 634.80 down Rs 31.05 were the top losers.
BSE Consumer Durable index was down 98.91 points or 2.41% at 3,999.01. Videocon Indust at Rs 339.95 down 6.09% and Rajesh Exports at Rs 505.00 down 5.52% were the top losers in this segment.
BSe Cap Good index was down 184.66 points or 1.51% at 12,029.90. Areva T&D at Rs 1,504.80 down 5.18% and ABB at Rs 1,024.75 down 3.36% were the worst hit counters.
BSE FMCG index was down 43.44 or 2.34% at 1,811.66. United Brewerie at Rs 281.10 down 6.41% and Colgate at Rs 368.05 down 4.29% were the top losers.
BSe Pharma index was down 39.65 points or 1.12% at 3,487.30. Orchid Chemical at Rs 200.95 down 6.51% and Wyeth at Rs 558.80 down 6.35 % were the weakest stocks.
BSE IT index was down 136.73 points or 2.95% at 4,500.40, Satyam at Rs 440.20 down 5.81% and Patni Computer at Rs 363.95 down 5.42% were the top losers.
BSe Metal index was down 488 points or 4.74% at 9,811.61. JSW Steel at Rs 567.75 down 7.55% and Shree Precoated at Rs 269.30 down 7.50% were the worst hit counters.
BSe oil & gas index was down 77.44 points or 1.03% at 7,427.15, HPCL at Rs 225.50 down 8.57% and GAIL at Rs 296.40 down 4.85% were the top losers.
BSE Realty index was up 39.80 points or 0.57% at 7,019.88. Anant Raj Ind at Rs 1,146 down 4.57% and Parsvnath at Rs 289.70 down 4.07% were the top losers.

Markets today:
Market makes smart recovery during the day in line with global markets
Nifty manages to close over 4100, Sensex over 14000
Sensex down 217 points at 14141.5; recovers 362 points from days low
Nifty down 71 points at 4108; recovers 100 points from days low
CNX Midcap Index down 2%, BSE Small-cap Index down 1.3%
All BSE Sectoral Indices end in the red barring Reality Index
BSE Metal Index down 4.7%, BSE IT Index down 3%, BSE FMCG Index down 2.3%
Index Losers; HPCL down 8.5%, Sterlite down 7.2%, Satyam down 5.8%, Tata Steel down 5.4%
Index Gainers; RIL up 0.80%, Sun Pharma up 1.8%, Wipro, Siemens up 1% each
NSE Advance Decline ratio at 1:4
Total market turnover at Rs 86945.69 cr Vs Rs 63845.27 cr on Thursday
New Listing: Zylog Systems closes at Rs 427.5 Vs listing price of Rs 435 (issue price Rs 350)


Turnover today:
BSE cash - Rs 6791.85 cr
NSE cash - Rs 15274.84 cr
NSE f&o - Rs 64879 cr
Total - Rs 86945.69 cr
Source:moneycontrol.com

Intraday Calls for 17th August

Market is in strong support zone. Sensex : 14000-14100 Nifty 4040-4140

Market will opens weak but I think that it will recover later. High volatility.
Trade carefully.

Buy at panic in the morning session.

SBI
BHEL
RCOM
ATLANTA
TRIVENI
HDIL
INDIABULLS
MINDTREE
PRITHVI INFO
POLARIS
ETC NETWORK
ORBIT CORP

Good Luck.

Markets Today

It was an extremely weak session for the markets as they ended in deep red tracking its global peers. The sub prime problem has impacted stock markets globally Dow has slipped below 13,000 level and Asia closed down 4-6%. Even European markets have opened in red. Also the yen has appreciated against the dollar and is trading at 113.90.
All the BSE sector indices were in deep red ranging between 3-5%. Banking, relaty and metal stocks are the worst hit space today. All the Sensex and Nifty stocks are in red.
Top losers on the indices were Tata Steel & Sterlite down over 8%, Bharti Airtel down & VSNL down over 6% and BHEL & ICICI Bank down 5% each.
Sensex was down 642.70 points or 4.28% at 14358.21, and the Nifty down 191.60 points or 4.38% at 4178.60.
About 979 shares have advanced, 1971 shares declined, and 51 shares are unchanged.
The BSE Small Cap Index closed at 7,797.26 down 3%.
The BSE Midcap Index ended at 6,352.44 down 3%.
The BSE FMCG Index lost 3.5% at 1,855.10. United Spirits, United Brewerie, ITC, Tata Tea, Dabur India, Bata India closed in red.
The BSE Metal Index was down 6% to close at 10,299.61. Tata Steel, Sterlite Ind, Guj NRE Coke, Mah Seamless, Hind Zinc were among the losers
The BSE Health Care Index was down 3% at 3,526.95. Orchid Chemical, Aurobindo Pharm, GlaxoSmithKline, Divis Labs, Matrix Lab closed lower.
The BSE Capital Goods Index was down 4% at 12,214.56. Suzlon Energy, Jyoti Structure, Crompton Greave, Astra Microwave, Praj Industries ended lower
The BSE Auto Index closed at 4,662.17 down 3%. Hind Motors, Apollo Tyres, Tata Motors, Amtek Auto, Maruti Udyog were among the losers.
The BSE IT Index closed at 4,637.13 down 3%. Patni Computer, Financial Tech, TCS, I-Flex Solution, HCL Tech, Wipro ended weak.
The BSE Bankex was down 5% at 7,421.33. Union Bank, Bank of India, IOB, Bank of Baroda, Kotak Mahindra, Oriental Bank closed lower.
The BSE Oil and Gas Index closed at 7,504.59 down 4.5%. Reliance, ONGC, Reliance Natural, HPCL, GAIL ended in red.
The NSE cash turnover was at Rs 11778.41 crore and the NSE F&O turnover was at Rs 46447.41 crore. The BSE cash turnover was Rs 5619.45 crore. Total market wide turnover was at Rs 63845.27 crore.

Source: moneycontrol.com

Intraday Calls for 16th August

MARKET IS EXPECTED TO BE OPEN WITH MAJOR GAP DOWN DUE TO GLOBAL CUES. BE VERY CAREFULL.

MAJOR SUPPORT FOR SENSEX IS 14400 AND THEN 13950. ITS A GOLDEN OPPORTUNITY FOR MED-LONG TERM INVESTOR.

BUY VALUEABLE AND STRONG STOCKS LIKE PUNJLLYOD, ORCHID, JSWSTEEL, SAIL, IDBI, INDIAINFOLINE, EMKAY IN PANIC.

KEEP ADDING ANSALBUILDWELL, ALPS IND, PARAMOUNT COM, ORCHID AT EVERY DECLINE FOR MED TERM GAIN.

GOOD LUCK.

Markets Today

It was a dull session as the markets ended on a flat note ahead of the independence day. There was not much in terms of cues from Asia also. The breadth was neutral and the volume was extremely thin, the total volume did not even cross Rs 40,000 crore mark.
Cement and FMCG stocks were trading weak. Selective buying was seen in power, oil marketing and realty stocks. The broader markets did not show any upmove and ended flat.
Sensex was down 16.30 points or 0.11% at 15000.91, and the Nifty down 3.45 points or 0.08% at 4370.20.
About 1702 shares have advanced, 1200 shares declined, and 97 shares are unchanged.
The BSE Midcap Index ended at 6,563.16 down 12 points or 0.20%.
The BSE Smallcap Index ended at 8,034.56 up 6 points or 0.08%.
The BSE Capital Goods Index was closed at 12,780.51 down 0.3%. Bharat Bijlee, Greaves Cotton, BEML, BHEL, Kirloskar Bros closed lower.
The BSE Auto Index closed closed at 4,811.59 down 0.3%. Apollo Tyres, Exide Industrie, Mah and Mah, Tube Investment, Amtek Auto ended in the red.
The BSE Metal Index closed flat at 11,016.63. JSW Steel, Jindal Steel, Hindalco, Jindal Saw, Mah Seamless advanced.
The BSE FMCG Index lost 0.6% at 1,921.78. HUL, United Spirits, Dabur India, Tata Tea, Nestle, Colgate ended in red.
BSE Oil and Gas Index closed at 7,847.70 up 0.5%. Essar Oil, BPCL, Petronet LNG, ONGC, HPCL closed in green.
The BSE IT Index closed flat at 4,761.44. Mphasis, Financial Tech, TCS, Satyam closed higher.
The BSE Bankex was up 0.2% at 7,846.29. Centurion Bank, Bank of India, HDFC Bank, PNB closed higher.
BSE Realty index was up 1.2% at 7,391.06. HDIL, Phoenix Mills, Ansal Propertie, Anant Raj Ind, Akruti Nirman were the top gainers
The NSE cash turnover was at Rs 7820.21 crore and the NSE F&O turnover was at Rs 28493.98 crore. The BSE cash turnover was Rs 4207.92 crore. Total market wide turnover was at Rs 40522.11 crore.

Source: Moneycontrol.com

Intraday Calls for 14th August

Market should opens positive but I think it can see some profit booking in mid-session.

Buy:

IDBI
EVERONN
Global Vectra
PUNJ LLYOD
HANUNG TOYS
ORCHID Chemical
Torrent Power
Unitech
Nelcast
Prithvi Info

Good Luck.

Punj Lloyd : Multibagger

Punj Lloyd : Multibagger by PN Vijay, Investment Advisor Punj Lloyd is increasingly focusing on the high value added Hydrocarbon vertical where the margins are higher and the work is also more specialized.

Current Market Price: Rs 275

Target Price: Rs 500

Punj Lloyd is a leading construction company with two major verticals, namely Hydrocarbon and Infrastructure. It also has an overseas subsidiary SembCorp. It is showing significant growth in both its verticals due to strong order flows in the Oil and Energy sector and in basic infrastructural sectors. During the first quarter which just ended, Punj Lloyd reported an increase in its net sales of 73%, EBITDA of 39% and a net profit growth of 126% to Rs. 59.5 crores on a consolidated basis. The quarter was marked by a robust growth in new orders in the pipeline division.

REASONS TO BUY:

1. The company is increasingly focusing on the high value added Hydrocarbon vertical where the margins are higher and the work is also more specialized. There has been an impressive improvement in the profitability of SembCorp.

2. The debt level is reduced significantly and the debt / equity ratio now stands much lower than one.

In terms of valuation it is trading around 22 times its expected EPS to Rs. 12 for 2007-08. This is an almost 100% improvement on the EPS just concluded financial year.

Source: Internet

Orchid Chemical: Target Rs 375

Buy Orchid Chemical
CMP: Rs.225

Price target: Rs375
Market cap: Rs1,538 cr
52 week high/low: Rs285/165
NSE volume (No of shares) : 3.3 lakh
BSE code: 524372
NSE code: ORCHIDCHEM
Free float (No of shares) : 5.0 cr

RESULT HIGHLIGHTS
Orchidís top line grew by 18.1% year on year (yoy) to Rs238.2 crore in Q1FY2008. The top line growth was above our estimates of Rs223.2 crore and was driven by new launches including the launch of Cefepime injections in the USA.
Driven by the improvement in the raw material costs, Orchidís operating profit margin (OPM) expanded by 110 basis points to 29.9% in Q1FY2008. On the other hand, the rising R&D costs (due to FTF filings) and increasing staff costs adversely impacted the margins. Consequently, the operating profit grew by 22.8% to Rs71.2 crore in Q1FY2008.
The reported net profit jumped up by 251.7% to Rs51.3 crore, largely due to the foreign exchange (forex) gains recorded during the quarter and the reduction in the interest expense. On adjusting for the forex gains, losses and the associated tax implications, the adjusted net profit rose by 81.8% to Rs26.5 crore.
Orchid has just received approval for Cefdinir tablets and suspension from the US Food and Drug Administration (USFDA). The product, with a market size of $850 million in the USA, will be launched immediately by Orchid. We estimate Orchid to generate approximately $19 million and $25.5 million in revenues in FY2008 and FY2009 respectively.
At the current market price of Rs225, Orchid trades at 9.9x its estimated FY2009 earnings, on a fully diluted basis. We retain our positive outlook on the stock and maintain our Buy call with a price target of Rs375.

SHAREHOLDING PATTERN:

Promoters 23%
Public & others 16%
Nonpromoter 9%
Institutions 16%
Foreign 36%

Source: Sharekhan

Markets Today

It was a good closing for markets but on extremely thin volumes but good breadth. It started with a gap up showed some weakness but pulled up again to end on a high note. The markets have seen been very volatile in the last two weeks but saw a decent session of trade today.
Cues from Asia were mixed and Europe was trading with a gain of around 1% supporting markets at higher level. Other than IT index all the BSE sector indices ended in green. Auto, FMCG and metal index were up over 1.5%.
IT stocks slipped as rupee is trading strong at 40.58 levels. HUL and Tata Power showed solid surge.
Sensex was up 148.96 points or 1.00% at 15017.21, and the Nifty up 40.30 points or 0.93% at 4373.65.
About 2026 shares have advanced, 907 shares declined, and 64 shares are unchanged.
The broader markets have outperformed the frontline indices. The BSE Midcap Index ended at 6,575.17 up 68 points or 1%.
The BSE Smallcap Index ended at 8,028.28 up 124 points or 1.6%.
The BSE Bankex closed at 7,827.77 up 0.7%. Centurion Bank, Axis Bank, Federal Bank, IOB, Canara Bank moved upwards.
The BSE Capital Goods Index was up 0.4% at 12,815.39. Triveni Engg, ABB, Thermax, Carborundum, BEML, Jyoti Structure closed higher.
The BSE Health Care Index was up 1% at 3,641.14. Orchid Chemical, Cipla, Glenmark, Panacea Biotech, Matrix Lab, Ranbaxy Labs closed higher.
The BSE Auto Index closed at 4,825.93 up 2%. MRF, Exide Industrie, Tata Motors, Maruti Udyog, Mah and Mah, Bajaj Auto advanced.
The BSE Metal Index closed at 11,008.83 up 1%. Jindal Steel, Jindal Saw, Sterlite Ind, Shree Precoated, Tata Steel advanced higher.
The BSE FMCG Index gained 1.5% at 1,932.16. HUL, Tata Tea, Godrej Consumer, Nestle, ITC closed higher.
BSE Oil and Gas Index closed at 7,810.81 up 0.7%. Reliance Natura, BPCL, Reliance Petro, Reliance, Petronet LNG ended in green.
The BSE IT Index closed at 4,765.04 down 0.2%. HCL Tech, Mphasis, Infosys, TCS closed lower.
The NSE cash turnover was at Rs 8245.56 crore and the NSE F&O turnover was at Rs 31627.64 crore. The BSE cash turnover was Rs 3703.52 crore. Total market wide turnover was at Rs 43576.72 crore.

Source: Moneycontrol.com

Intraday Calls for 13th August

Nifty Support 4300, 4220 and Resistance 4380, 4440
Sensex Support 14600 and Resistance 15000.

Market should open flat but can see some recovery and trade positively. Again can see some selling in late hours. So today is much volatile day for the market. Be carefull.

Buy Satyam @ 479 Target 485-488 SL 475
Buy Polaris @ 122 Target 128 SL 119
Buy RCOM@ 522 Target 530-535 SL 516
Buy Orchid Chemical @ 218 Target 225 SL 214
Buy PunjLlyod @ 275 Target 285-294 SL 270
Buy Prithvi Info @ 292 Target 300+ SL 288
Buy Crompton Greaves @ 295 Target 310 SL 290
Buy Sail @ 148-150 Target 155 SL 146

Other: Everonn System, Infosys, MphasisBFL, Emkay Shares, Paramount Communication, Nagarjun Fert, IDBI.

Good Luck.

Markets Today

The markets started the day down nearly 3% but saw some recovery coming in during the final hour of trade. The downtrend in market has been in global peers. The US subprime mortgage worry continues to haunts, it started with Europe yesterday and moved to US, today Asia ended with deep cracks and it down around 3%. Korea shaved off 4%.
Broader markets also ended in red but outperformed the benchmark indices down nearly 1%.
Realty, banking and metal indices are worst hit and are down 2.5%. FMCG, auto, pharma and oil & gas indices are down 1%.
Bharti Aitel, HDFC, Reliance Communication, Hero Honda, NTPC, Sterlite Ind are among the top losers down in the range of 3%-4%.
However, select IT stocks like Infosys and Satyam have managed to keep their head above the water and are trading marginally in the green. The rupee has weakened against the dollar and is tradingnear 40.66 levels against the dollar.
Sensex is down 231.90 points or 1.54% at 14868.25, and the Nifty down 69.85 points or 1.59% at 4333.35.
About 1209 shares have advanced, 1720 shares declined, and 64 shares are unchanged.
The BSE Midcap Index ended at 6,507.62 down 0.8%.
The BSE Smallcap Index ended at 7,904.13 down 0.8%.
The BSE Bankex was down 2.5% at 7,773.71. Kotak Mahindra, Federal Bank, Canara Bank, PNB, Axis Bank, ICICI Bank moved downwards.
The BSE Capital Goods Index was down 1% at 12,768.35. Punj Lloyd, Praj Industries, ABB, Greaves Cotton, Alstom Projects, BEML closed lower.
The BSE Health Care Index was down 0.6% at 3,651.28. Apollo Hospital, Cadila Health, Ranbaxy Labs, Glenmark, Aurobindo Pharm closed lower.
The BSE Auto Index closed at 4,736.40 down 1%. Hero Honda, Mah and Mah, TVS Motor, Maruti Udyog, Cummins, Hind Motors closed higher.
The BSE Metal Index closed at 10,863.61 down 2%. Mah Seamless, Hindalco, Jindal Steel, Sterlite Ind, Hind Zinc, Tata Steel closed lower.
The BSE FMCG Index closed at 1,903.05 down 1%. Godrej Consumer, HUL , Tata Tea, P and G, Dabur India closed lower.
BSE Oil and Gas Index closed at 7,755.96 down 2%. GAIL, ONGC, Reliance, BPCL ended in red.
The BSE IT Index gained 1% at 4,774.13. HCL Tech, Satyam, Mphasis, Patni Computer, Infosys closed higher.
The NSE cash turnover was at Rs 11274.81 crore and the NSE F&O turnover was at Rs 48868.82 crore. The BSE cash turnover was Rs 5200.94 crore. Total market wide turnover was at Rs 65344.57crore.
Source:moneycontrol.com

Intraday Calls for 10th August

Markets may open with a dip gap down something like 400-500 points. But I think market can bounce back from lower levels.

So be carefull but its a buying opportunity for valuable stocks and some small companies which are trading at their lower levels and may bounce. I can suggest some of stocks:

1. Ansal Buildwell CMP Rs. 80/- Very good fundamentals, Land Bank and have potential of 40-50% gain from current levels.

2. ALPS Industries CMP Rs.44/- It is also a very nice co., Strong fundamentals. Buy it for short to med term gain.

3. Orchid Chemical CMP Rs. 220/- Nice results posted by this company in june quarter. So buy for short term target of Rs. 275/-

4. Paramount Communicaion CMP Rs. 28/- Trading at its lower levels and have potential to touch Rs. 40-45/-

Good Luck.

Markets Today

It was a weak day for the markets accompanied by volatility and unceratinity on account of subprime mortgage worries. The markets opened with a gap up of 200 points but slipped in red on weak global cues, swinging by nearly 500 points.
The fall was inline with the Europe meltdown on news that BNP Paribas has freezed 3 asset backed funds on US subprime losses. BNP Paribas SA, France's biggest bank, halted withdrawals from three investment funds because it can't ``fairly'' value their holdings, as concern over U.S. subprime mortgage losses roils credit markets.
Selling was seen in scrips across sectors. Leading the downtrend were IT, oil gas and FMCG stocks. The broader markets also sild and ended lower.
Sensex was down 207.83 points or 1.36% at 15100.15, and the Nifty down 58.90 points or 1.32% at 4403.20.
About 1181 shares have advanced, 1749 shares declined, and 62 shares are unchanged.
The BSE Midcap Index ended at 6,559.58 down 1.6%.
The BSE Smallcap Index ended at 7,964.12 down 1%.
The BSE Bankex was down 1.3% at 7,975.48. Bank of Baroda, Union Bank, Allahabad Bank, Federal Bank, SBI moved downwards.
The BSE Capital Goods Index was down 1% at 12,883.72. Crompton Greave, AIA Engineering, Alstom Projects, Gammon India, Punj Lloyd, Jyoti Structure, Reliance Infra, Praj Industries closed lower.
The BSE Health Care Index was down 0.6% at 3,651.28. Apollo Hospital, Cadila Health, Ranbaxy Labs, Glenmark, Aurobindo Pharm closed lower.
The BSE Auto Index closed at 4,769.15 down 1%. Exide Industrie, MICO, Amtek Auto, Tube Investment, Cummins closed higher.
The BSE Metal Index closed at 11,118.87 down 1%. Shree Precoated, Hindalco, Jindal Steel, JSW Steel, Mah Seamless, Jindal Saw closed lower.
The BSE FMCG Index closed at 1,920.03 down 2%. Marico, United Spirits, GlaxoSmith Con, United Brewerie, Colgate closed lower.
BSE Oil and Gas Index closed at 7,891.15 down 2%. Reliance Natura, Essar Oil, GAIL, ONGC ended in red.
The BSE IT Index lost 1.6% at 4,733.85.Mphasis, Financial Tech, I-Flex Solution, Satyam, Infosys closed lower.
The NSE cash turnover was at Rs 11846.62 crore and the NSE F&O turnover was at Rs 55930.24 crore. The BSE cash turnover was Rs 5478.43 crore. Total market wide turnover was at Rs 73255.29 crore.

Source: Moneycontrol.com

Intraday Calls for 9th August

Nifty Support 4380, 4300 and Resistance 4510, 4540.
Sensex Support 15050, 14950 and Resistance 15500.

Market opens positive with at gap. But later can see profit booking and may come down for flat closing.

Buy HOPFL @ Rs. 292/- Target Rs. 305-310/- SL Rs. 288/-
Buy BRFL @ Rs. 217/- Target Rs. 222-225/- SL Rs. 214/-
Buy Nelcast @ Rs. 160/- Target Rs. 165+ SL Rs. 157/-
Buy Gemini Communication @ Rs. 200/- Target Rs. 210/- SL Rs. 196/-
Buy NDTV @ RS. 373/- Target Rs. 380-385/- SL Rs. 368/-
Buy PNB @ Rs. 521/- Target Rs. 530-535/- SL Rs, 516/-

Others: Hinduja TMT, ACC, BILT, Mukta Arts, Grasim, Kesoram, Reliance, FSL, Mindtree, Atlanta, Visu International.

Short Sell: Orbit Corp, Everonn, Aurbindo Pharma.

Good Luck.

Markets Today

It was a standout performance by market on the back of some strong global cues. There was no volatility and Sensex closed above 15,300 and Nifty above 4450 levels. Breadth was heathy on strong turnover.
Technology stocks are sparkling on expectation of weakening rupee on the new ECB norm. Asia ended firm as Fed kept its rates unchanged serving as positive cues for the markets.
All the BSE sector indices are trading in green. Followed by the technology banking, realty and oil & gas stocks surged on the bourses.
Infosys, TCS, Wipro, HCL Tech, Polaris, Mphasis, Patni, Foursoft, Aptech were technology standout performers.
Export oriented sectors will be positively impacted on account of new ECB norm which is expected to arrest rupee appreciation. Apart from IT even phama stocks are expected to be positively impacted.
Sensex was up 375.21 points or 2.51% at 15307.98, and the Nifty up 105.75 points or 2.43% at 4462.10.
About 2108 shares have advanced, 825 shares declined, and 58 shares are unchanged.
The BSE Midcap Index ended at 6,665.67 up 91 points or 1.4%.
The BSE Smallcap Index ended at 8,051.22 up 136 points or 1.7%.
The BSE Bankex closed at 8,076.32 up 2%. Union Bank, Canara Bank, Centurion Bank, Bank of Baroda, PNB, Allahabad Bank moved upwards.
The BSE Capital Goods Index was up 1.8% at 13,032.66. Reliance Infra, Crompton Greave, Praj Industries, Gammon India, AIA Engineering, BHEL closed higher.
The BSE Health Care Index was up 1.2% at 3,671.59. Matrix Lab, Orchid Chemical, Ranbaxy Labs, Sun Pharma, Lupin closed higher.
The BSE Auto Index closed at 4,810.74 up 1.4%. Hero Honda, Cummins, Amtek Auto, TVS Motor, Exide Industrie, Escorts, Mah and Mah advanced.
The BSE Metal Index closed at 11,222.02 up 1.5%. Hindalco, SAIL, NALCO, Sesa Goa, Sterlite Ind advanced higher.
The BSE FMCG Index gained 1% at 1,953.80. Marico, Godrej Consumer, Nestle, GlaxoSmith Con, Dabur India closed higher.
BSE Oil and Gas Index closed at 8,048.75 up 3%. Essar Oil, Reliance, Petronet LNG, ONGC ended in green.
The BSE IT Index closed at 4,808.43 up 4%. HCL Tech, Mphasis, Infosys, TCS closed higher.
The NSE cash turnover was at Rs 10130.55 crore and the NSE F&O turnover was at Rs 42084.83 crore. The BSE cash turnover was Rs 4711.34 crore. Total market wide turnover was at Rs 56926.72 crore.

Source: Moneycontrol.com

Intraday Calls for 8th August

Nifty: Support 4300 & Resistance 4400, 4440.
Sensex: Support 14900 & Resistance 15000, 15200.

Markets looks good for today. A fine day expected. Positive opening with nice gain also.

Buy Mphasis @ Rs. 283/- Target Rs. 290-295/- SL Rs. 282/-
Buy HCL Tech @ Rs. 298/- Target Rs. 305/- SL Rs. 294/-
Buy Mastek @ Rs. 252/- Target Rs. 260-265/- SL Rs. 248/-
Buy HDIL @ Rs. 525/- Target Rs. 536-540/- SL Rs. 520/-
Buy Bindal Agro (Oswal Chemical) @ Rs. 34/- Target Rs. 36+ SL Rs. 32/- (Short Term Target 40+) Buy Premier Explosive @ Rs. 50/- Target Rs. 55/- SL Rs. 48/-
Buy Ceat @ Rs. 166/- Target Rs. 172-175/- SL Rs. 162/-
Buy Timex Watches @ Rs. 30/- Target Rs. 35/- (Short Term) SL Rs. 28/-

Others: Sterlite Industries, IDBI, HPCL, JetAirways, ADSL, NitinFire, ITC, MTNL.

Banking Stocks: Sell.

Good Luck.

Market News

Wipro enters into agreement
ETC Network's board approves scheme of amalgamation
Venus Remedies completes the phase IV of baddi project

Flawless Diamond India opens one more exclusive retail outlet
PSL secures prestigious contract from Indian Oil Corporation
Tata Steel's alternative reference securities offering raises to US $ 875 million
Rajendra Mechanical Industries net profit rises 295.00%
Perfectpac net profit rises 108.33%
Ador Multi Products net profit rises 350.00%
Glance Finance net profit rises 100.00%
Axon Infotech net profit rises 857.14%
Cupid Trades & Finance net profit rises 100.00%
Permanent Magnets net profit rises 150.00%
JMD Telefilms Industries net profit rises 60.00%

United Breweries (Holdings) net profit rises 2627.78% in the June 2007 quarter

Markets Today

The markets had a disappointing close especially for the frontline indices after showing a strong start. The markets couldn't hold their strength at the higher leves and saw a sharp fall. Metal, FMCG and banking stocks were among the top losers. However, the broader markets outperformed the frontline indices. The BSE smallcap index ended relatively higher helping the market breadth.
Healthcare, IT, cement, power and oil & gas stocks provided buying support.
Reliance Energy, ACC, Ambuja Cements, NTPC, Tata Motors, Wipro, Bharti Airtel, Reliance Comm were among the top gainers on the indices.
ITC, ICICI Bank, Tata Steel, Maruti Udyog, ONGC, HUL are among the top losers.
Sensex was up 29.74 points or 0.20% at 14932.77, and the Nifty up 16.85 points or 0.39% at 4356.35.
About 1825 shares have advanced, 1094 shares declined, and 70 shares are unchanged.
The BSE Midcap Index ended at 6,574.90 up 21 points or 0.3%.
The BSE Smallcap Index ended at 7,914.37 up 72 points or 1%.
The BSE Capital Goods Index was closed at 12,804.66 up 0.5%. Suzlon Energy, Punj Lloyd, Reliance Infra, Crompton Greave, Alstom Projects, Lakshmi Machine closed higher.
The BSE Auto Index closed closed flat at 4,743.80. Exide Industrie, Bajaj Auto, Cummins, Ashok Leyland, Apollo Tyres ended in the red.
The BSE Metal Index closed at 11,041.86 down 0.9%. Jindal Saw, Sterlite Ind, JindalStainless, NALCO, Tata Steel declined.
The BSE FMCG Index lost 1.6% at 1,937.07. ITC, Colgate, United Brewerie, Britannia ended in red.
BSE Oil and Gas Index closed at 7,804.55 up 1%. Reliance Natura, Essar Oil, Petronet LNG, HPCL, IOC closed in green.
The BSE IT Index gained 0.5% at 4,618.47. Infosys, Satyam, TCS, iflex closed higher.
The BSE Bankex was down 0.4% at 8,371.91. Federal Bank, ICICI Bank, Axis Bank, Centurion Bank closed lower.
BSE Realty index was up 1.6%. DLF, Akruti Nirman, Mahindra Gesco, Sobha Developer, Peninsula Land were the top gainers
The NSE cash turnover was at Rs 9370.93 crore and the NSE F&O turnover was at Rs 32668.01 crore. The BSE cash turnover was Rs 4631.76 crore. Total market wide turnover was at Rs 46670.7 crore.

Source:Moneycontrol.com

Intraday Calls for 7th August

Nifty: Support 4300, 4260 & Resistance 4380, 4400.
Sensex: Support 14800, 14600 & Resistance 15000.

Market may bounce back. A gap up opening expected but high volatility contineous. Overall positive market today.

Buy Gujarat Alkali @ Rs. 139/- Target Rs. 145/- SL Rs. 136/-
Buy ITC @ Rs. 172/- Target Rs. 175-178/- SL Rs. 168/-
Buy M & M @ Rs. 680/- Target Rs. 692-700 SL Rs. 676/-
Buy Micro Technologies @ Rs. 255 Target Rs. 262+ SL Rs. 250/-
Buy PunjLlyod @ Rs. 278/- Targer Rs. 285/- SL Rs. 274/-
Buy Parsvanath Dev. @ Rs. 332/- Target Rs. 340- SL Rs. 328/-

Others: GMR Infra, Reliance, IndiaBulls, BOB, BOI, DCB, ShaktiPumps, LokHousing, Mindtree, Nelcast.

Good Luck.

Markets Today

The markets ended in deep red with hefty losses on selling seen in scrips across sectors tracking global peers. Realty, banking, capital goods and metal stocks were the worst hit. Realty index was down over 4% followed by banking, capital goods and metal indices down over 2%.
ICICI Bank, Hindalco, Maruti Udyog, Wipro, Larsen, Reliance Comm were among the top losers on the indices.
SBI, TCS, Dr Reddy's, Ranbaxy Labs, Dabur India, BPCL, HPCL are among the gainers on the indices.
Sensex was down 235.37 points or 1.55% at 14903.03, and the Nifty down 62.05 points or 1.41% at 4339.50.
About 1240 shares have advanced, 1668 shares declined, and 81 shares are unchanged.
The BSE Midcap Index ended at 6,552.93 down 0.8%.
The BSE Smallcap Index ended at 7,842.59 down 0.6%.
The BSE Bankex was down 1% at 8,055.14. ICICI Bank, IOB, Centurion Bank, HDFC Bank, Federal Bank moved downwards.
The BSE Capital Goods Index was down 2% at 12,739.99. Suzlon Energy, Triveni Engg, Larsen, Bharat Bijlee, Siemens, BHEL closed lower.
The BSE Health Care Index was down 1% at 1,964.27. Orchid Chemical, Opto Circuits, Nicholas Pirama, Divis Labs, Wockhardt, Sterling Bio closed lower.
The BSE Auto Index closed at 4,746.12 down 1%. MRF, Maruti Udyog, Cummins, Escorts closed lower.
The BSE Metal Index closed at 11,139.43 down 1.6%. Shree Precoated, JSW Steel, Hindalco, Jindal Steel, Jindal Saw closed lower.
The BSE FMCG Index closed at 1,945.26 up 0.4%. GlaxoSmith Con, HUL, Bata India, Tata Tea, Britannia closed lower.
BSE Oil and Gas Index closed at 7,719.26 down 1%. Essar Oil, GAIL, ONGC, Reliance, Reliance Petro ended in red.
The BSE IT Index lost 2% at 4,597.82. Mphasis, Patni Computer, Financial Tech, Infosys, Tech Mahindra, Wipro closed lower.
The NSE cash turnover was at Rs 8990.81 crore and the NSE F&O turnover was at Rs 37564.99 crore. The BSE cash turnover was Rs 4313.22 crore. Total market wide turnover was at Rs 50869.02 crore.

Source: Moneycontrol.com

Intraday Calls for 6th August

Nifty support 4300 and Resistance 4440, 4500.
Sensex Support 14900 and Resistance 15200.

Markets opens weak as global markets are in dip red. But I think market can bounce from the support of 14900. If break and trade below that then we can see 14600, 14400 levels in coming days. Be carefull from the high volatility of the market today.

Buy Voltas, Wipro, HPCL, Micro Technologies, MTNL, JP Associates, Prithvi Info, Gitanjali Gems, Nelcast, ROMAN at decline.

Sell Bharti, M&M, Lanco Infra, Indiabulls, Parsvnath, RCOM.

Good Luck.

Markets Today

Overall it was a good trading day for the markets wherein it opened on a very euphoric note and proceeded to trade steady during the first half of day but slipped little bit in second half of the day. Finally it ended the last trading day with decent gain.
Realty, capital good and consumer durable stocks were the flavour of the day, however all the key indices traded in green through the day. Pharma and oil & gas indices were not up to the mark and struggled to keep their heads up in mild green.
The Sensex ended up 152.70 points or 1.02% at 15138.40, and the Nifty was up 45.20 points or 1.04% at 4401.55. About 1718 shares have advanced, 1184 shares declined, and 84 shares are unchanged.
BSE Midcap was up 89.82 points at 6605.24 and small cap was up 86.08 points at 7891.54.
BSE Auto Index was ended up 49.57 points at 4796.65, Exide, Cummins, Punjab Tractors and Apollo Tyres were the top gainers.
BSE Bankex closed up 101.71 points at 8048.41, SBI, IOB, Canara Bank, ICICI Bank and Oriental bank were star performer today.
Consumer Durable index was up 85.33 points at 4173.66, Lloyd Electric, Blue Star, Rajesh Exports and Titan Industries closed in green
Capital Good index was up 184.34 points at 12976.28, Kirloskar Bros, Triveni Engg, Lakshmi Machine, Siemens and Alstom Projects had oustanding performance.
BSE FMCG index was up 24.78 points at 1957.11, United Spirits, Godrej Consumer, Britannia and HUL were top gainers in this space.
BSE IT index ended up 55.19 points at 4704.30, I-Flex Solution, Mphasis, Financial Tech and Patni Computer were the top performer.
BSE realty index was up 160.51points at 7618.30, Indiabulls Real estate, Akruti Nirman, Peninsular land and DLF were the top gainers.
NSE metal index closed up 155.26 points at 11324.63, SAIL, Jindal Stainless, Jindal Saw and Tata Steel ended with decent gains.

Turnover today:
NSE Cash - 11224.89 cr
BSE cash - 5040.84 cr
NSE F&O - 44285.38 cr
Total - 60551.11 cr

Markets this week:
Sensex down 96 points or 0.63% at 15138.4; recovers 240 points from week's low
Sensex swings 673 points; week's high at 15569, low at 14896
Nifty down 44 points or 1% at 4401; recovers 75 points from week's low
Nifty swings 207 points; week's high at 4534, low at 4327
CNX Midcap Index up 0.3%, BSE Small Cap Index down 0.44%
BSE IT Index down 3.5%; TCS, Wipro, Infosys down over 4% each
BSE Auto Index down 3%, M&M down 13%, Tata Motors down 6%
BSE Realty, Oil & Gas Indices down 2.5% each
BSE Cap Goods Index up 2%; L&T up 4%, BHEL up 3.5%, ABB up 2%
Index Gainers: SBI up 9%, HDFC up 4%
Realty/ Infra stocks: Lanco up 23%, Orbit up 20%, IVRCL Infra up 11.5%, Akruti up 6.3%
Other mid-cap gainers; TV today up 23.5%, Mphasis up 16.5%, United Spirits up 11.5%

Source:moneycontrol.com

Intraday Calls for 3rd August

Nifty Strong support 4300, & Resistance 4390, 4440.
Sensex Support 14850, 14900 & Resistance 15200.

Markets may opens positive and remain positive. May see ups and downs.

Buy TimeTechno @ Rs. 555/- Target Rs. 570+ SL Rs. 548/-
Buy Elecon Engineering @ Rs. 627/- Target Rs. 635-640/- SL Rs. 622/-
Buy Rain Calcining @ Rs. 42/- Target Rs. 44-46/- SL Rs. 40/-
Buy Safari @ Rs. 34/- Target Rs. 36-38/- SL Rs. 32/-
Buy Tulip IT @ Rs. 702/- Target Rs. 725/- SL Rs. 695/-
Buy REL @ Rs. 752/- Target Rs. 760-770/- SL Rs. 748/-
Buy India Cement @ Rs. 218/- Target Rs. 225/- SL Rs. 215/-

Buy Sugar Stocks: Renuka, Bajajhind, Sakthi Sugar.

Other Stock Ideas: Mphasis, GNFC, Mindtree, Wipro, Suzlon, Tantia Construction.

Good Luck.

Intraday Calls for 02nd August

Nifty Strong support 4300 & Resistance 4390, 4420.
Sensex Support 14890 & Resistance 15200.

Market may bounce back today & remains positive whole day.

Buy BlueBird @ Rs. 66/- Target Rs. 70+ SL Rs. 62/-
Buy Gujarat Alkalies @ Rs. 135/- Target Rs. 142-145/- SL Rs. 132/-
Buy Ranbaxy @ Rs. 368/- Target Rs. 375-378/- SLRs. 364/-
Buy Visu International @ Rs. 12.80/- Target Rs. 14-15/- SL Rs. 12/-
Buy OrientalBank @ Rs. 240/- Target Rs. 246-250/- SL Rs. 236/-
Buy Everonn Sys @ Rs. 480/- Target Rs. 500+ SL Rs. 472/-
Buy UNITED SPIRITS @ 1328/- Target Rs. 1345+ SL Rs. 1320/-
Buy United Phos @ Rs. 320/- Target Rs. 328-330/- SL Rs. 316/-
Buy Nelcast @ Rs. 156/- Target Rs. 165+ SL Rs. 152/-

Buy: Reliance, Reliance Capital, RCOM, Prithvi Info, ICICI Bank, SBI, Orbit Corp.

Good Luck.

Markets Today

It was an extremely disappointing day as Sensex saw its third biggest fall single day absolute fall. Both Sensex and Nifty were down over 4% each. Selling was seen in scrips across sectors.
The fall can be attributed to negative news flow on subprime motgage worries from the US. Asia also ended in deep red down between 3%-4%. Taiwan saw the highest fall and was down 4.3% followed by Seoul Comp, Jakarta Comp, Strait Times and Shanghai Comp.
Europ opened in red, CAC and DAX were down nearly 2% each.
All the BSE sector indices closed in deep red. Realty index was the worst hit down over 6% followed by bank, capital goods, metal and oil & gas downover 4% each.
The broader markets also closed in red, with acut of nearly 4%. All the Sensex stocks closed in the red.
On the F&O side Nifty futures discount widened to 42 points; OI was up 78.9 lakh shares. SAIL was down 5%, added 46.4 lakh shares in open. ITC was down Over 3.3%, added 19.6 lakh shares in open interest and Bharti was down 4.4%, added 17.8 lakh shares in open interest.

Sensex was down 615.22 points or 3.96% at 14935.77, and the Nifty down 183.00 points or 4.04% at 4345.85.
About 691 shares have advanced, 2240 shares declined, and 53 shares are unchanged.
The BSE Midcap Index ended at 6,461.46 down 256 points or 3.8%.

The BSE Smallcap Index ended at 7,775.90 down 294 points or 3.7%.

The BSE Bankex was down 4% at 8,055.14. Union Bank, Bank of India, Allahabad Bank, PNB, Canara Bank moved downwards.

The BSE Capital Goods Index was down 4.7% at 12,697.41. Bharat Elec, AIA Engineering, Crompton Greave, Bharat Bijlee, Reliance Infra, Alstom Projects, Punj Lloyd closed lower.

The BSE Auto Index closed at 4,771.54 down 3.3%. Escorts, Mah and Mah, Tata Motors, Exide Industrie, Bharat Forge, Cummins, Hind Motors closed higher.

The BSE Metal Index closed at 11,071.28 down 5%. Shree Precoated, Hindalco, Sterlite Ind, JindalStainless, Hind Zinc, JSW Steel closed lower.

The BSE FMCG Index closed at 1,926.21 down 2.4%. Tata Tea, Colgate, United Brewerie, Dabur India, United Spirits closed higher.

BSE Oil and Gas Index closed at 7,772.65 down 4.4%. Petronet LNG, Reliance Natura, Reliance, HPCL, BPCL ended in red.

The BSE IT Index lost 3% at 4,711.32. Patni Computer, Financial Tech, HCL Tech, I-Flex Solution closed lower.

The BSE Realty index was down 6.6% at 7,332.51. HDIL, Indiabulls Real, Parsvnath, Peninsula Land, Unitech, Sobha Developer ended in deep red.

The NSE cash turnover was at Rs 12640.07crore and the NSE F&O turnover was at Rs 55904.92 crore. The BSE cash turnover was Rs 6634.82 crore. Total market wide turnover was at Rs 75179.81 crore.

Source:Moneycontrol.com

Intraday Calls for 1st August

Nifty Support 4480, 4440 and Resistance 4555, 4570.
Sensex Support 15480, 15400 and Resistance 15600.

Market may Opens flat to positive, May see some profit booking. I think it remain flat to nagetive.

Buy: Crompton Greaves, UNITECH, REL, RCOM, Bharti Airtel, TITAN, TTML, Hanung Toys, Voltas, Orbit Corp, EKC.

Sell: IOB, BOI, HPCL.

Good Luck.