Short Term Targets for listed below:
TTML (41) Target 55+
Hindalco (168) Target 190
GMR Infra (866) Target 950
Vijaya Bank (65) Target 75+
Bongaigaon Ref (68) Target 75+
NIIT Ltd. (147) Target 180+
Renuka Sugar (700) Target 1000
These are only market rumours. It can be right or wrong. Please keep strict SL(1-2%) if buy.
Tuesday, September 25, 2007
Markets Today
The markets ended with marginal gains after seeing some hicups in the noon trades. It was a dull day for markets as they selling pressure was seen in realty, auto and banking stocks. Markets made smart recovery from the day's low, Sensex saw a triple digit correction in noon but was up again by the end of the day to end almost flat. Oil marketing companies were the standout performance with HPCL, BPCL and IOC were among the top gainers.
It was some profit booking at the higher levels and Nifty holding above the 4,900 mark. The market breadth was negative as the midcap and smallcap indices underperformed.
Bharti, Hindalco and Cipla are among the top gainers on the indices. PSU refineries HPCL and BPCL have surged on the bourses.
Among the top losers are Bajaj Auto, Hero Honda, Reliance Petro, GAIL, Maruti Udyog and SBI.
Dollar has gained some strength against the rupee helping the IT stocks to stabilise.
Sensex was up 53.71 points or 0.32% at 16899.54, and the Nifty up 6.65 points or 0.13% at 4938.85.
About 1228 shares have advanced, 1735 shares declined, and 69 shares are unchanged.
The BSE Midcap Index ended at 7,313.33 up 0.04%.
The BSE Smallcap Index ended at 8,967.51 up 0.05%.
The BSE Bankex was down 0.5% at 8,921.74. Oriental Bank, Centurion Bank, Allahabad Bank, Karnataka Bank, Bank of Baroda moved downwards.
The BSE Capital Goods Index was up 0.5% at 14,763.61. Areva T&D, Punj Lloyd, Alstom Projects, Bharat Bijlee, AIA Engineering closed lower.
The BSE Health Care Index was up 0.6% at 3,687.60. Nicholas Pirama, Lupin, Divis Labs, Cadila Health closed higher.
The BSE Auto Index closed at 5,252.96 down 1%. Tube Investment, Hero Honda, TVS Motor, Mah and Mah, Escorts closed lower.
The BSE Metal Index closed at 13,080.83 up 0.4%. JSW Steel, Jindal Saw, Hindalco, Hind Zinc, JindalStainless closed higher
The BSE FMCG Index closed at 2,156.35 up 0.1%. United Spirits, Dabur India, United Brewerie, Colgate, HUL closed higher.
BSE Oil and Gas Index closed at 9,777.51 up 1.3%. Petronet LNG, Essar Oil, BPCL, IOC, HPCL ended in green.
The BSE IT Index closed flat at 4,348.62. Satyam, HCL Tech, Tech Mahindra, Infosys closed lower.
The BSE realty Index lost 3% at 9,085.47. Unitech, Phoenix Mills, Ansal Propertie, Mahindra Gesco, DLF closed lower.
The NSE cash turnover was at Rs 17784.95 crore and the NSE F&O turnover was at Rs 83677.53 crore. The BSE cash turnover was Rs 7468.09 crore. Total market wide turnover was at Rs 108930.57 crore.
It was some profit booking at the higher levels and Nifty holding above the 4,900 mark. The market breadth was negative as the midcap and smallcap indices underperformed.
Bharti, Hindalco and Cipla are among the top gainers on the indices. PSU refineries HPCL and BPCL have surged on the bourses.
Among the top losers are Bajaj Auto, Hero Honda, Reliance Petro, GAIL, Maruti Udyog and SBI.
Dollar has gained some strength against the rupee helping the IT stocks to stabilise.
Sensex was up 53.71 points or 0.32% at 16899.54, and the Nifty up 6.65 points or 0.13% at 4938.85.
About 1228 shares have advanced, 1735 shares declined, and 69 shares are unchanged.
The BSE Midcap Index ended at 7,313.33 up 0.04%.
The BSE Smallcap Index ended at 8,967.51 up 0.05%.
The BSE Bankex was down 0.5% at 8,921.74. Oriental Bank, Centurion Bank, Allahabad Bank, Karnataka Bank, Bank of Baroda moved downwards.
The BSE Capital Goods Index was up 0.5% at 14,763.61. Areva T&D, Punj Lloyd, Alstom Projects, Bharat Bijlee, AIA Engineering closed lower.
The BSE Health Care Index was up 0.6% at 3,687.60. Nicholas Pirama, Lupin, Divis Labs, Cadila Health closed higher.
The BSE Auto Index closed at 5,252.96 down 1%. Tube Investment, Hero Honda, TVS Motor, Mah and Mah, Escorts closed lower.
The BSE Metal Index closed at 13,080.83 up 0.4%. JSW Steel, Jindal Saw, Hindalco, Hind Zinc, JindalStainless closed higher
The BSE FMCG Index closed at 2,156.35 up 0.1%. United Spirits, Dabur India, United Brewerie, Colgate, HUL closed higher.
BSE Oil and Gas Index closed at 9,777.51 up 1.3%. Petronet LNG, Essar Oil, BPCL, IOC, HPCL ended in green.
The BSE IT Index closed flat at 4,348.62. Satyam, HCL Tech, Tech Mahindra, Infosys closed lower.
The BSE realty Index lost 3% at 9,085.47. Unitech, Phoenix Mills, Ansal Propertie, Mahindra Gesco, DLF closed lower.
The NSE cash turnover was at Rs 17784.95 crore and the NSE F&O turnover was at Rs 83677.53 crore. The BSE cash turnover was Rs 7468.09 crore. Total market wide turnover was at Rs 108930.57 crore.
Source:moneycontrol.com
Intraday Calls for 25th September
Market may open flat to positive but profit booking expected at higher levels near 17000 for sensex & 5000 for nifty.
Buys for intraday:
IDFC (147)
IDBI (155)
LIC Housing Finance (219)
Bank of India (263)
RCOM (598)
Petronet LNG (78)
Escorts (115)
Colgate (408) Buy above 412
Gail (375)
Ispat Industries (27)
Visa Steel (35)
Haldyn Glass (75)
Ashok Layland (40)
Good Luck
Buys for intraday:
IDFC (147)
IDBI (155)
LIC Housing Finance (219)
Bank of India (263)
RCOM (598)
Petronet LNG (78)
Escorts (115)
Colgate (408) Buy above 412
Gail (375)
Ispat Industries (27)
Visa Steel (35)
Haldyn Glass (75)
Ashok Layland (40)
Good Luck
Monday, September 24, 2007
Intraday Calls for 24th Sept.
Market will open positive and remain positive but some profit booking can be seen at higher levels.
Buys for Intraday:
Alphageo (470)
Cummins india ltd. (423)
Nelcast (168)
Atlanta (308)
GMR Infra
Chambal fert.
Nagarjuna fert.
GBN
Petron Eng.
3I Info
Prithvi Info
Wipro
Good Luck
Buys for Intraday:
Alphageo (470)
Cummins india ltd. (423)
Nelcast (168)
Atlanta (308)
GMR Infra
Chambal fert.
Nagarjuna fert.
GBN
Petron Eng.
3I Info
Prithvi Info
Wipro
Good Luck
Friday, September 21, 2007
Markets Today
It was not only an interesting end to the week but an entire interesting week for equity markets. The week saw some terrific gains on account of 50 bps rate cut by the Fed. Sensex was up 6.4%and Nifty up 7.3% during the week. Sensex also saw its biggest weekly points gain.
Standout performance was from Reliance group of stocks like Reliance Infra up over 75%, Reliance, Rel Energy and Reliance Petro and Reliance Cap.
Apart from IT index which closed flat, all the BSE sector indices closed up over7%. Realty index was the top gainer up 14% followed by oil & gas up 12%. The week saw a bull run in commodities and also in the currency market where rupee breached the 40 mark trading at 39.90 levels.
In today's session markets scaled new heights, both the frontline indices saw a a triple digit rally on a total turnover of over 1 lakh crore. Although there were some initial hicups but later the markets surged on the back of heavy buying in heavyweights like HUL, Reliance and SAIL. IT, FMCG and healthcare were among the top losers on the indices. However, trading strong are telecom, auto, oil & gas and realty were among the gainers.
Reliance Energy, Reliance, SAIL, HUL, Bharti Airtel, Reliance Communication, GAIL, Reliance Petro, Hero Honda and Grasim are among the top gainers on the indices.
NTPC, Suzlon Energy, Satyam, ITC, TCS are among the top losers on the Sensex. Infosys, Wipro, TCS touched 52 week low today.
Sensex was up 216.28 points or 1.32% at 16564.23, and the Nifty up 90.00 points or 1.90% at 4837.55.
About 1279 shares have advanced, 1695 shares declined, and 57 shares are unchanged.
The BSE Midcap Index ended at 7,199.92 up 67 points or 1%.
The BSE Smallcap Index ended at 8,895.30 up 20 points or 0.22%.
The BSE Capital Goods Index was closed at 14,520.17 up 1%. Reliance Infra, Areva T&D, Thermax, Punj Lloyd, Astra Microwave closed higher
The BSE Auto Index closed closed at 5,193.50 up 1%. Escorts, Hero Honda, Exide Industrie, Cummins, Maruti Udyog ended in the green.
The BSE Metal Index closed at 12,812.76 up 0.7%. Jindal Steel, SAIL, Sesa Goa, Sterlite Ind, Shree Precoated, Jindal Saw advanced.
The BSE FMCG Index lost 0.6% at 2,152.99. Britannia, Nestle, United Spirits, Tata Tea, ITC ended in red.
BSE Oil and Gas Index closed at 9,340.05 up 3.7%. Reliance Petro, Reliance Natura, GAIL, Reliance closed in green.
The BSE IT Index closed at 4,428.34 up 1%. Mphasis, I-Flex Solution, HCL Tech, Satyam, Patni Computer closed lower.
The BSE Bankex was up 0.6% at 8,739.84. Oriental Bank, Union Bank, Kotak Mahindra, SBI, Canara Bank closed higher.
The NSE cash turnover was at Rs 16655.36 crore and the NSE F&O turnover was at Rs 75928.77 crore. The BSE cash turnover was Rs 8223.37 crore. Total market wide turnover was at Rs 100807.50 crore.
Standout performance was from Reliance group of stocks like Reliance Infra up over 75%, Reliance, Rel Energy and Reliance Petro and Reliance Cap.
Apart from IT index which closed flat, all the BSE sector indices closed up over7%. Realty index was the top gainer up 14% followed by oil & gas up 12%. The week saw a bull run in commodities and also in the currency market where rupee breached the 40 mark trading at 39.90 levels.
In today's session markets scaled new heights, both the frontline indices saw a a triple digit rally on a total turnover of over 1 lakh crore. Although there were some initial hicups but later the markets surged on the back of heavy buying in heavyweights like HUL, Reliance and SAIL. IT, FMCG and healthcare were among the top losers on the indices. However, trading strong are telecom, auto, oil & gas and realty were among the gainers.
Reliance Energy, Reliance, SAIL, HUL, Bharti Airtel, Reliance Communication, GAIL, Reliance Petro, Hero Honda and Grasim are among the top gainers on the indices.
NTPC, Suzlon Energy, Satyam, ITC, TCS are among the top losers on the Sensex. Infosys, Wipro, TCS touched 52 week low today.
Sensex was up 216.28 points or 1.32% at 16564.23, and the Nifty up 90.00 points or 1.90% at 4837.55.
About 1279 shares have advanced, 1695 shares declined, and 57 shares are unchanged.
The BSE Midcap Index ended at 7,199.92 up 67 points or 1%.
The BSE Smallcap Index ended at 8,895.30 up 20 points or 0.22%.
The BSE Capital Goods Index was closed at 14,520.17 up 1%. Reliance Infra, Areva T&D, Thermax, Punj Lloyd, Astra Microwave closed higher
The BSE Auto Index closed closed at 5,193.50 up 1%. Escorts, Hero Honda, Exide Industrie, Cummins, Maruti Udyog ended in the green.
The BSE Metal Index closed at 12,812.76 up 0.7%. Jindal Steel, SAIL, Sesa Goa, Sterlite Ind, Shree Precoated, Jindal Saw advanced.
The BSE FMCG Index lost 0.6% at 2,152.99. Britannia, Nestle, United Spirits, Tata Tea, ITC ended in red.
BSE Oil and Gas Index closed at 9,340.05 up 3.7%. Reliance Petro, Reliance Natura, GAIL, Reliance closed in green.
The BSE IT Index closed at 4,428.34 up 1%. Mphasis, I-Flex Solution, HCL Tech, Satyam, Patni Computer closed lower.
The BSE Bankex was up 0.6% at 8,739.84. Oriental Bank, Union Bank, Kotak Mahindra, SBI, Canara Bank closed higher.
The NSE cash turnover was at Rs 16655.36 crore and the NSE F&O turnover was at Rs 75928.77 crore. The BSE cash turnover was Rs 8223.37 crore. Total market wide turnover was at Rs 100807.50 crore.
Source:moneycontrol.com
Intraday Calls for 21st September
Market is likely to open flat and may see some correction.
Sensex Support 16260 Resistance 16450, 16560.
Nifty Support 4640, 4600 Resistance 4750, 4780
Buys for Intraday:
KRBL (96) Target 102-105 SL 94
Gulf Oil (1415) Target 1430-1440 SL 1410
Cinemax (156) Target 162-165 SL 152
GMR Infra (805) Target 815-820 SL 800
Dewan Housing (74) Target 78-80 SL 72
Hyd Ind (220) Target 225-228 SL 216
MRPL (51) Target 53-55 SL 50
Petronet LNG (68.25) Target 70-72 SL 66
Others: Nelcast (156), Lok Housing (154), HCC (141), RCOM (566) Prithvi Info (299), Arvind Mills (52).
Good Luck.
Sensex Support 16260 Resistance 16450, 16560.
Nifty Support 4640, 4600 Resistance 4750, 4780
Buys for Intraday:
KRBL (96) Target 102-105 SL 94
Gulf Oil (1415) Target 1430-1440 SL 1410
Cinemax (156) Target 162-165 SL 152
GMR Infra (805) Target 815-820 SL 800
Dewan Housing (74) Target 78-80 SL 72
Hyd Ind (220) Target 225-228 SL 216
MRPL (51) Target 53-55 SL 50
Petronet LNG (68.25) Target 70-72 SL 66
Others: Nelcast (156), Lok Housing (154), HCC (141), RCOM (566) Prithvi Info (299), Arvind Mills (52).
Good Luck.
Thursday, September 20, 2007
Intraday Calls for 20th September
Yesterday was a Golden day for India in both Indian Stock Market and Indian Cricket. Made new records.
Today market can open positive and remain flat to positive, closing can be flat coz of some profit booking at higher levles.
Sensex Support 16000, 15860 Resistance 16400, 16460.
Nifty Support 4640, 4600 Resistance 4750.
Buys for Intraday:
IVRCL (403) Target 410+ SL 398 (Rec. at 375 level for delivery on 17 Sept)
ONGC (902) Target 930+ SL 895
ITC (186) Target 190+ SL 184
Renuka Sugar (686) Target 700+ SL 680
RCOM (564) Target 575 SL 560
IDBI (139) Target 142-145 SL 137
IDFC (137) Target 140-142 SL 135
Voltas (157) Target 162-165 SL 154
IVR Prime (388) Target 400 SL 384
TVToday (151) Target 155 SL 148
ENIL (509) Target 520 SL 505
Short Sell: Sail (185), Suzlon (1470), Reliance Infra (865), REL (948)
Good Luck
Today market can open positive and remain flat to positive, closing can be flat coz of some profit booking at higher levles.
Sensex Support 16000, 15860 Resistance 16400, 16460.
Nifty Support 4640, 4600 Resistance 4750.
Buys for Intraday:
IVRCL (403) Target 410+ SL 398 (Rec. at 375 level for delivery on 17 Sept)
ONGC (902) Target 930+ SL 895
ITC (186) Target 190+ SL 184
Renuka Sugar (686) Target 700+ SL 680
RCOM (564) Target 575 SL 560
IDBI (139) Target 142-145 SL 137
IDFC (137) Target 140-142 SL 135
Voltas (157) Target 162-165 SL 154
IVR Prime (388) Target 400 SL 384
TVToday (151) Target 155 SL 148
ENIL (509) Target 520 SL 505
Short Sell: Sail (185), Suzlon (1470), Reliance Infra (865), REL (948)
Good Luck
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