Friday, June 1, 2007
Market This Week
Nifty up 1.1%,
CNX Nifty Junior up 2%
CNX Midcap Index up 1.8%;
BSE Small Cap Index up 3%
BSE Cap Goods Index up 6.8%; L&T up 15%, ABB up 4.5%, BHEL up 4%
BSE Auto Index up 3.4%; Hero Honda up 5.5%,M&M up 4%,Bajaj Auto up 3%
BSE Healthcare, Bank Indices up 2.7% Each
Index Gainers: Cipla up 9%, HDFC Bank up 7.5%,Jet,MTNL up 7% Each
BSE FMCG Index Down 1.5%;
BSE IT Index Down 1%
Index Losers: Suzlon Down 7%, SAIL~Dn 6%, ITC Dn 3.3%, Infy Dn 2.4%
Markets Today
Sensex up 26 points at 14570; down over 110 points from days high
Nifty ends flat at 4297; down over 25 points from days high
MTNL up 6.8%; gains on talks of Noida land investment plans in 10 days
BSE IT Index up 1.17%, BSE Bank Index up 1%
Index Gainers; GAIL up 3.4%, Cipla up 2.9%, ABB up 2%, SBI up 1.8%
Profit booking in FMCG & Oil & Gas stocks
Index Losers; Hero Honda down 2.15%, ITC down 1.7%, ONGC down 1.2%
CNX Midcap Index up 0.78%, CNX Nifty Junior up 1.38%, BSE Small-cap Index up 0.82%
Sugar & construction/ real estate stocks gain
Shree Renuka Sugar up 9%, Simbhaoli Sugar up 5%, Balrampur Chini up 3.4%
Lanco Infratech up 15%, Bata up 7.7%, Indiabulls Real Estate up 4.6%
NSE Advance Decline at 4:3
Total market turnover at Rs 41523.26 cr on 1st day of June series
Intraday Calls for 01st June
Sensex Support is 14500 and resistance is 14625.
Market positive but I think it will be flat trading today.
Buy Unitech @ Rs. 575/- Target Rs. 585-590/- SL Rs. 570/-
Buy Hanung Toys @ Rs. 155/- Target Rs. 158-160/- SL Rs. 152/-
Buy Jet Airways @ Rs. 770/- Target Rs. 785-790/- SL Rs. 765/-
Buy Sintex Ind Above Rs. 228/- Target Rs. 232-235/- SL Rs. 222/-
Buy Indiabulls @ Rs. 532/- Target Rs. 545/- SL Rs. 525/-
Others buy are Patni (532), Riddhi Siddhi Gluco (256), SesaGoa (1680), BOB (175), ICICI (918)Wipro (542), Rolta (460).
Short Sell (High Risk) Punjllyod (217), Orbitcorp (248).
Good Luck
Disclaimer
The information in this publication is provided by http://www.moneybazzar.blogspot.com/ is intended for use for Readers & Traders . Every effort is made to provide accurate information, but http://www.moneybazzar.blogspot.com/ cannot guarantee the accuracy of the information or of the market analysis. This is a newsletter and is for informational purposes only. It is not a solicitation or offer to buy or sell futures. There is a high risk of loss in trading futures. You should not trade with money that you cannot afford to lose. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this newsletter. The past performance of any trading system or methodology is not necessarily indicative of future results.