Market is likely to open with gap up as all global (US & all) markets are in positive & May remain positive whole day.
Buy for intraday:
Bank of Baroda (358) Target 375 SL 355
DCB (114) Target 120-125 SL 112
Bank of India (367) Target 375-380 SL 364
IFCI (82) Target 85-88 SL 80
JP Hydro (88) Target 92-95 SL 86
Selan Exploration (166) Target 175 SL 164
Dhanus Tech. (216) Target 225-230 SL 212
Pratibha Industries (257) Target 270 SL 254
Prime Securities (174) Target 180 SL 172
Others: RCOM (750), Graphite India (64), Electrocast Steel (68) Century Textile (1050), GBN (945).
HAPPY DHANTERAS
GOOD LUCK
Wednesday, November 7, 2007
Tuesday, November 6, 2007
Markets Today
It was extremely volatile day of trade wherein the markets opened on firm note and proceeded to trade strong in the early trade. But it could not maintain the momentum and succumbed to profit booking seen across the sectors led by capital goods, banking and metal stocks. All the key BSE indices ended in red except realty index which could manage to keep its head above water.
Sensex ended down 190.11 points or 0.97% at 19400.67, and the Nifty closed down 60.80 points or 1.04% at 5786.50. On BSE about 1283 shares have advanced, 1694 shares declined, and 85 shares are unchanged. On NSE, the advance decline ratio was at 443:736. BSE Midcap ended down 60.51points or 0.75% at 7,986.58 and BSE smallcap was down 43.99 or 0.45% at 9,803.03.
BSE auto index ended at 5,277.24 down 51.45 points or 0.97%. MRF, Exide Inds, Amtek India and Escorts were the top losers.
BSE Bankex closed at 10,702.32 down 221.44 or 2.01%. Bank of Baroda, Centurion Bank, Bank of India and Axis Bank were the top losers. BSE Consumer Durables index was down at 5,169.76 down 19.22 or 0.37%. Gitanjali Gems, Titan Inds, Videocon, Rajesh Exports were among top losers.
BSE Capital Goods index ended at 19,697.29 down 354.99 or 1.77%. Punj Llyod, Reliance Infra, Siemens were the top losers.
BSE FMCG ended at 2,026.45 down 0.21 or 0.01%. Nestle, Marico, United Spirits, Tata Tea were top losers.
BSE pharma index closed at 3,878.73 down 0.38%. Matrix, Aventis, Divis Lab were top losers in this space.
BSE IT index ended at 4,540.69 down 26.44 or 0.58%. Tech Mahindra, I-Flex, Satyam, Patni were the top losers.
BSE metal index closed at 17,206.06 down 195.63 or 1.12%. Jindal Steel, Sesa Goa, Shree Precoated were the top losers.
BSE oil & gas index ended at 11,389.21 down 116.33 or 1.01%. Rel Petro, Reliance Natural and Petronet LNG were the top losers in this space.
BSE realty index closed at 10,401.08 up 52.75 or 0.51%. Mahindra Gesco, Indiabulls Realestate and DLF were the top gainers in the realty counter.
Sensex ended down 190.11 points or 0.97% at 19400.67, and the Nifty closed down 60.80 points or 1.04% at 5786.50. On BSE about 1283 shares have advanced, 1694 shares declined, and 85 shares are unchanged. On NSE, the advance decline ratio was at 443:736. BSE Midcap ended down 60.51points or 0.75% at 7,986.58 and BSE smallcap was down 43.99 or 0.45% at 9,803.03.
BSE auto index ended at 5,277.24 down 51.45 points or 0.97%. MRF, Exide Inds, Amtek India and Escorts were the top losers.
BSE Bankex closed at 10,702.32 down 221.44 or 2.01%. Bank of Baroda, Centurion Bank, Bank of India and Axis Bank were the top losers. BSE Consumer Durables index was down at 5,169.76 down 19.22 or 0.37%. Gitanjali Gems, Titan Inds, Videocon, Rajesh Exports were among top losers.
BSE Capital Goods index ended at 19,697.29 down 354.99 or 1.77%. Punj Llyod, Reliance Infra, Siemens were the top losers.
BSE FMCG ended at 2,026.45 down 0.21 or 0.01%. Nestle, Marico, United Spirits, Tata Tea were top losers.
BSE pharma index closed at 3,878.73 down 0.38%. Matrix, Aventis, Divis Lab were top losers in this space.
BSE IT index ended at 4,540.69 down 26.44 or 0.58%. Tech Mahindra, I-Flex, Satyam, Patni were the top losers.
BSE metal index closed at 17,206.06 down 195.63 or 1.12%. Jindal Steel, Sesa Goa, Shree Precoated were the top losers.
BSE oil & gas index ended at 11,389.21 down 116.33 or 1.01%. Rel Petro, Reliance Natural and Petronet LNG were the top losers in this space.
BSE realty index closed at 10,401.08 up 52.75 or 0.51%. Mahindra Gesco, Indiabulls Realestate and DLF were the top gainers in the realty counter.
Market Snapshot
Market witnesses a choppy session; profit booking in late trade
Sensex down 190 pts at 19400; off over 500 pts from days high
Nifty down 61 pts at 5786; off 171 pts from days high
All BSE Sectoral Indices end in the red barring Realty Index which showed marginal gain
CNX Midcap Index down 0.6%, BSE Small-cap Index down 0.45%
Most buzzing stocks in FNO like RNRL, RPL, JP hydro sees profit booking;
Telecom stocks continue to slide; R Comm down 4.1%, MTNL down 2.7%, Bharti down 2.6%
Metal & oil & gas stocks continue to see selective action
GAIL up 7.2%, Hindalco up 4.4%, Nalco up 3.2%
Fertilizer stocks; Nocil up 10%, FACT up 10%, NFL up 10%, GSFC up 5.8%, Nagarjuna Fertilizer up 2.4%
NSE Advance Decline ratio at 2:3
Total market turnover at Rs 1.16 lakh cr Vs 1.09 lakh yesterday Turnover:
NSE cash - Rs 23737.41 cr
NSE F&O - Rs 82952.01 cr
BSE cash - Rs 9864.71 cr
Total - Rs 116554.13 cr
NSE cash - Rs 23737.41 cr
NSE F&O - Rs 82952.01 cr
BSE cash - Rs 9864.71 cr
Total - Rs 116554.13 cr
Intraday Calls for 6th November
Market is likely to open negative but after that recovery expected, Remains very volatile.
Small cap & Midcap stocks can do well now.
Buy for intraday: (Buy at lower levels as market may open negative)
Torrent Power (195) Target 210-215
Taneja Aerospace (139) Target 150
Repro India (120) Target 130
Neyveli Lignite (147) Target 150-152
PTC (158) Target 165-170
RCOM (780) Target 810-825 (Short Term Target 950+)
Electrocast Steel (67) Target 70-72
DCB (112) Target 120-122
Graphite India (66) Target 70-74
BioCon (563) Target 575-590
Petronet LNG (94) Target 100 (Short Term Target 125)
Mercator Lines (123) Target 130
Others: Bharat Forge (364), Gulf Oil (303), Sunil Hitech (300), OM Metal (72), Selan Exploration (164)
Good Luck
Monday, November 5, 2007
Markets Today
The markets ended in red on account of selling pressure in largecaps from bank, FMCG, IT and energy sector. Broader markets held out their gains and BSE midcap and smallcap outperformed the Sensex. The midcap index was up 1% and smallcap index is up 1.4%.
Cues from Asia were not very encouraging as most of the Asia closing in red. Hang Seng down 1450 points or 5%, Shanghai down 2.5%, Straits and Thailand were down nearly 2% each.
Top gainers on the indices were Ranbaxy, Bharti Airtel, Cipla, SBI, NTPC, Tata Power, PNB and HPCL.
Noida Toll Bridge, Jaiprakash Hydro, RNRL, HMT are among the other gainers from broader markets.
Top losers on the indices were ONGC & ICICI Bank down over 4% each, HDFC Bank down 3%, Infosys and GlaxoSmithKline.
Sensex was down 385.45 points or 1.93% at 19590.78, and the Nifty down 85.10 points or 1.43% at 5847.30.
About 1569 shares have advanced, 1418 shares declined, and 75 shares are unchanged.
The BSE Smallcap Index ended at 9,847.02 down 1.1%.
The BSE Bankex was down 2% at 11,007.95. Union Bank, IOB, ICICI Bank, Andhra Bank, Karnataka Bank, Kotak Mahindra, Bank of India moved downwards.
The BSE Capital Goods Index was down 2% at 20,052.28. Punj Lloyd, AIA Engineering, Areva T&D, ABB, BHEL closed lower.
The BSE Auto Index closed at 5,328.69 down 2%. Bharat Forge, Maruti, Escorts, MRF, Cummins, Tata Motors, Bajaj Auto closed lower.
The BSE Metal Index closed at 17,401.69 down 2%. Hindalco, Shree Precoated, NALCO, Hind Zinc, Mah Seamless closed lower.
The BSE FMCG Index closed at 2,026.66 down 4%. HUL, ITC, United Spirits, Tata Tea, United Brewerie, Colgate, HUL closed lower
BSE Oil and Gas Index closed down 2% at 11,505.54. ONGC down 4.9%, RIL down 1.9% ended in red.
The BSE IT Index was down 1.5% at 4,567.13. Mphasis, Patni Computer, Tech Mahindra, I-Flex Solution, TCS closed lower.
The NSE cash turnover was at Rs 22771.1 crore and the NSE F&O turnover was at Rs 77646.90 crore. The BSE cash turnover was Rs 9008.86 crore. Total market wide turnover was at Rs 109426.86 crore.
Cues from Asia were not very encouraging as most of the Asia closing in red. Hang Seng down 1450 points or 5%, Shanghai down 2.5%, Straits and Thailand were down nearly 2% each.
Top gainers on the indices were Ranbaxy, Bharti Airtel, Cipla, SBI, NTPC, Tata Power, PNB and HPCL.
Noida Toll Bridge, Jaiprakash Hydro, RNRL, HMT are among the other gainers from broader markets.
Top losers on the indices were ONGC & ICICI Bank down over 4% each, HDFC Bank down 3%, Infosys and GlaxoSmithKline.
Sensex was down 385.45 points or 1.93% at 19590.78, and the Nifty down 85.10 points or 1.43% at 5847.30.
About 1569 shares have advanced, 1418 shares declined, and 75 shares are unchanged.
The BSE Smallcap Index ended at 9,847.02 down 1.1%.
The BSE Bankex was down 2% at 11,007.95. Union Bank, IOB, ICICI Bank, Andhra Bank, Karnataka Bank, Kotak Mahindra, Bank of India moved downwards.
The BSE Capital Goods Index was down 2% at 20,052.28. Punj Lloyd, AIA Engineering, Areva T&D, ABB, BHEL closed lower.
The BSE Auto Index closed at 5,328.69 down 2%. Bharat Forge, Maruti, Escorts, MRF, Cummins, Tata Motors, Bajaj Auto closed lower.
The BSE Metal Index closed at 17,401.69 down 2%. Hindalco, Shree Precoated, NALCO, Hind Zinc, Mah Seamless closed lower.
The BSE FMCG Index closed at 2,026.66 down 4%. HUL, ITC, United Spirits, Tata Tea, United Brewerie, Colgate, HUL closed lower
BSE Oil and Gas Index closed down 2% at 11,505.54. ONGC down 4.9%, RIL down 1.9% ended in red.
The BSE IT Index was down 1.5% at 4,567.13. Mphasis, Patni Computer, Tech Mahindra, I-Flex Solution, TCS closed lower.
The NSE cash turnover was at Rs 22771.1 crore and the NSE F&O turnover was at Rs 77646.90 crore. The BSE cash turnover was Rs 9008.86 crore. Total market wide turnover was at Rs 109426.86 crore.
Source:moneycontrol.com
Intraday Calls for 5th November
Market is likely remain very volatile. A flat to positive opening then see some profit booking as global markets are trading weak and then some recovery again, that can be today's market.
Buy for Intraday:
Fert. & Chem. (28.5) Target 32 SL 27
RPL (270) Target 280 SL 265
Agro Dutch (30.60) Target 33-35 SL 29
Noida Toll Bridge (42.70) Target 45+ SL 41
Sunil Hi-Tech (300) Target 315-320 SL 294
Indowind Energy (165) Target 170-172 SL 163
Selan Exploration (160) Target 170-175 SL 158
Prime Securities (166) Target 175+ SL 162
Hinduja TMT (436) Target 450-460 SL 430
Graphite India (65) Target 70 SL 63
HEG Ltd. (310) Target 325 SL 305
Others: Nagarjuna Fert. (60) , Vivimed Labs (116), GTC Industries (304), Prithvi (286), DCB (105), KPIT (105).
Good Luck
Saturday, November 3, 2007
Friday, November 2, 2007
Intraday Calls for 2nd November
Market is likely to open very weak (Gap down opening expected) as all weak global markets and Indian market is also want to take some rest.
It is better to stay away from the market today because of high volatility. Market can see some recovery after deep correction but overall market remains weak.
Buy for Intraday (Risky so keep tight SL & Buy at lower levels)
Power Grid
Neyveli Lignite
Cairn India
Ashapura Minechem
UNITECH
HCL Tech
RCOM
Prime Securities
DCB
Selan Exploration
National Fertilizers
Good Luck
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