Tuesday, July 3, 2007
Intraday Calls for 3rd July
Sensex: Support is 14600 and Resistance are 14700, 14750
Market should open positive, In mid session can see some weakness but again recovers and remain positive.
Buy Nelcast @ Rs. 194/- Target Rs. 200/- SL Rs. 190/-
Buy TimeTechno above Rs. 600/- Target Rs. 610-620/- SL Rs. 590/-
Buy Tech Mahindra @ Rs. 1425/- Target Rs. 1445/- SL Rs. 1415/-
Buy ICSA India @ Rs. 1230/- Target Rs. 1250+ SL Rs. 1218/-
Buy Paramount Communication @ Rs. 33.5/- Target Rs. 36-38/- SL Rs. 32/-
Buy Unitech @ Rs. 520/- Target Rs. 530-540/- SL Rs. 512/-
Others are: Nagarjuna Fert. (23), RNRL (40), IFB industries (28), Selan Explo (98).
Monday, July 2, 2007
Intraday Calls for 2nd July
Sensex: Support is 14550 and Resistance are 14700, 14725
Today Market can see some profit booking and may be flat to negative trading whole the day.
Buy Andhra Bank @ Rs. 86/- Target Rs. 90/- SL Rs. 84/-
Buy UTI Bank @ Rs. 605/- Target Rs. 620-625/- SL Rs. 600/-
Buy Reliance Energy @ Rs. 614/- Target Rs. 622-625/- SL Rs. 610/-
Buy Allcargo Global @ Rs. 990/- Target Rs. 1010-1020/- SL Rs. 982/-
Buy Dhampur Sugar @ Rs. 71/- Target Rs. 75-77/- SL Rs. 68/-
Buy Sakthi Sugar @ Rs. 88/- Target Rs. 95+ SL Rs. 85/-
Buy PFC @ Rs. 147/- Target Rs. 150-152/- SL Rs. 145/-
Others are: Nagarjuna Fert. (23), BOB (270), Aristocrat Luggage Ltd. (39), Gokaldas Export (242), India infoline (713).
Good Luck
Friday, June 29, 2007
Markets Today
The markets ended the day on a strong note with buying seen in scrips across sectors. Capital goods, banking, IT, cement and sugar stocks were among the top gainers. The broader markets did extremely well during the day as well as week giving markets an excellent breadth. The turnover was brisk. Except for metal, all the sectoral indices closed in green.
Sensex was up 145.94 points or 1.01% at 14650.51, and the Nifty up 36.30 points or 0.85% at 4318.3.
About 1452 shares have advanced, 1091 shares declined, and 89 shares are unchanged.
On a weekly basis, Sensex was up nearly 1.2% and Nifty was up 1.5%. Even on a weekly basis banking index gave a standout performance.
RPL was up 15%, ACC was up 9% and Suzlon was up 8% were among the top gainers during the week.
The BSE Midcap Index ended at 6,527.03 up 69.03 points or 1.07%.
The BSE Smallcap Index ended at 7,730.40 up 68.30 points or 0.9%.
The BSE Bankex was up 2.9% at 8,009.94. Oriental Bank, PNB, Kotak Mahindra, Andhra Bank, HDFC Bank, UTI Bank moved upwards.
The BSE Capital Goods Index was up 1.9% at 12,299.36. Triveni Engg, ABB, Kirloskar Oil, BHEL, Punj Lloyd, Larsen, Praj Industries closed higher.
The BSE Health Care Index was up 1% at 3,805.70. Nicholas Pirama, Cipla, Panacea Biotech, Aurobindo Pharm, Sterling Bio closed higher.
The BSE Auto Index closed at 4,739.57up 0.5%. Exide Industrie, Mah and Mah, Bajaj Auto, Escorts.
The BSE FMCG Index gained 0.35% at 1,829.33. United Spirits, Godrej Consumer, Tata Tea, Britannia closed higher.
BSE Oil and Gas Index closed at 7,626.66 up 0.4%. Reliance Natura, Essar Oil, Petronet LNG, HPCL ended in green.
The BSE IT Index closed at 4,870.73 up 0.6%. Financial Tech, I-Flex Solution, Mphasis, Patni Computer closed higher.
The BSE Metal Index closed at 10,605.00 down 0.3%.
The NSE cash turnover was at Rs 10661.63 crore and the NSE F&O turnover was at Rs 35463.65 crore. The BSE cash turnover was Rs 4820.88 crore. Total market wide turnover was at Rs 50946.16 crore.
Intraday Calls for 29th June
Sensex: Supports is 14400 and Resistance are 14550, 14575.
Market opens flat to positive, some profit booking can be seen but remain flat.
Buy Eastern Silk @ Rs. 300/- Target Rs. 310+ SL Rs. 294/-
Buy Premier Explosive @ Rs. 55/- Target Rs. 58-60/- SL Rs. 52/-
Buy Moser Baer @ Rs. 455/- Target Rs. 465-470/- SL Rs. 450/-
Buy NDTV @ Rs. 420/- Target Rs. 430+ SL Rs. 415/-
Buy Mysore Cement @ Rs. 53/- Target Rs. 60/- SL Rs. 50/-
Others Are RNRL (36), Lok Housing (147), Unitech (495), Subhash Projects (232), Ceturty Textiles (676),
Thursday, June 28, 2007
Markets Today
Cement stocks were the star performers in today's trading session. Power, banking and telecom stocks ended higher. However select auto, metal, and heavyweight ONGC ended weak. Nifty June series ended flat. Broader markets were trading strong and held out their gains.
New listing Meghmani Organics ended up 39% at Rs 26.40 versus issue price of Rs 19.
Sensex was up 73.51 points or 0.51% at 14504.57, and the Nifty up 18.05 points or 0.42% at 4282.
About 1406 shares have advanced, 1125 shares declined, and 73 shares are unchanged.
Major gainers in the midcap space were Kesoram up 8.95%, JK Cement up 8.26%, India Cements up 7.83%, Hind Constr up 7.59%, Alembic up 6.72%, Alstom Projects up 6.23%, IndusInd Bank up 5.52%.
Cement stocks saw good rollover, aggregate of around 75%. Kesoram saw rollover of 80%, followed by India Cement and Ambuja Cement.
Top gainers on the Sensex were ACC up 8.7%, Ambuja Cements up 8% and HDFC up 5.4%.
The BSE Midcap Index ended at 6,458.00 up 33 points or 0.53%.
The BSE Smallcap Index ended at 7,662.10 up 48.26 points or 0.6%.
The BSE Bankex was up 0.4% at 7,786.72. Canara Bank, Bank of India, Centurion BoP, SBI, Kotak Mahindra moved upwards.
The BSE Capital Goods Index was up 0.7% at 12,071.55. ABB, Alstom Projects, Areva T&D, AIA Engineering, Kirloskar Oil closed higher.
The BSE Health Care Index was down 0.4% at 3,765.87.Sterling Bio, Novartis India, Divis Labs, Cadila Health, Wockhardt, Nicholas Pirama closed lower.
The BSE Auto Index closed at 4,714.18 down 0.7%. Punj Tractors, Hind Motors, Escorts, Mah and Mah, Bajaj Auto declined.
The BSE Metal Index closed at 10,634.50 down 0.5%. Shree Precoated, Jindal Steel, JindalStainless, Sterlite Ind advanced lower.
The BSE FMCG Index gained 0.35% at 1,822.70. Godrej Consumer, Tata Tea, Dabur India, ITC closed higher.
BSE Oil and Gas Index closed lower at 7,599.15 down 0.2%. ONGC, Essar Oil, Petronet LNG, Reliance ended in red.
The BSE IT Index closed flat at 4,841.62. I-Flex Solution, Infosys, Tech Mahindra closed lower.
The NSE cash turnover was at Rs 12159.15 crore and the NSE F&O turnover was at Rs 60499.6 crore. The BSE cash turnover was Rs 4818.73 crore. Total market wide turnover was at Rs 77477.48 crore.
Source: moneycontrol.com
Intraday Calls for 28th June
Sensex: Supports are 14400, 14330 and Resistance is 14500.
Market should open positive and remain positive.
Buy Prithvi Info @ Rs. 302/- Target Rs. 315-320/- SL Rs. 295/-
Buy Nelcast @ Rs. 208/- Target Rs. 220/- SL Rs. 204/-
Buy Bajaj Hindustan @ Rs. 152-155/- Target Rs. 160/- SL Rs. 148/-
Buy BOB @ Rs. 260/- Target Rs. 265/- SL Rs. 256/-
Buy Sasken Communication @ Rs. 465/- Target Rs. 475-480/- SL Rs. 460/-
Buy Orbit Corp @ Rs. 280/- Target Rs. 285-290/- SL Rs. 275/-
Others are: RNRL(35), Reliance (1698), Euro Ceramics (161), XL Telecom (124), Solar Explosive (175), Avery India (70).
Saturday, June 16, 2007
Important
Yesterday was my son's first birthday so I couldn't post.
Sorry for that.
Thanks.
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.