Wednesday, November 7, 2007

Penny Stock: Maximaa Systems

Maximaa Systems (BSE: 526538)
CMP : Rs. 3.15/-
52 Week High : Rs. 9.88/-
52 Week Low : Rs. 0.75/-
Face Value : Rs. 10/-
EPS : Rs. 0.31/-
P.E.: 10.16
200 Days Simpal Moving Average : Rs. 4.20/-
Website: http://www.maximaasystems.com
This Quarter Profit (Sep 07): Rs. 2.46 Million (Profit rises 402 % QOQ)
Year Profit (March 07): Rs. 4.32 Million (Profit rises 2985% YOY)
Recommandation: Accumulate (Buy at current and every fall)
Target : Rs. 6-8/- (Short - Med term)
(Before investing do your own research)

Markets Today

It was once again a day of consolidation on the bourses today where in the markets opened on bullish note taking strong cues from the global peers. The markets traded extremely volatile through the day and closed in red with significant cuts.
It was extremely bad for the IT stocks which got butchered on account of further strengthening of rupee and the banking and relaty stocks also lost some ground ground. However, the oil & gas, metal and capital good stocks were in focus today. BSE Oil & gas index closed with over 2% gain and Reliance Industries lead from the front.
The Sensex ended down 110.84 points or 0.57% at 19289.83, and the Nifty closed down 4.15 points or 0.07% at 5782.35. About 1180 shares have advanced, 1781 shares declined, and 102 shares are unchanged on BSE. On NSE 401 stocks advanced today and 786 stocks declined.
Top Sensex gainers were Reliance, BHEL, SBI and M&M. Top Sensex losers were Infosys, HDFC Bank, Satyam and ICICI Bank.
BSE midcap ended at 7,985.96 down 29.34 points or 0.37%. BSE smallcap closed at 9,695.13 down 107.90 points or 1.10%.
BSE auto index ended at 5,295.39 up 18.15 points or 0.34%. Amtek Auto, M&M and Maruti Suzuki were the top gainers in this counter.
BSE bankex ended at 10,620.22 down 166.29 points or 1.54%. HDFC Bank, Canara Bank and ICICI Bank were among the top losers in this space.
BSE capital goods index closed at 19,738.36 up 41.07 points or 0.21%. Triveni Eng, BHEL, Kirloskar were the top fliers in this space.
BSE FMCG index ended at 2,010.22 down 16.23 points or 0.80%. Marico, Bata India and HUL were the top losers.
BSE pharma index closed at 3,866.54 down 12.19 points or 0.31%. Panacea Biotech, Aurobindo Pharma, Novartis India and Divis Labs were the top losers.
BSE IT index ended at 4,343.42 down 197.27 points or 4.34%. Infosys, Tech mahindra and Mphasis were the top losers.
BSE metal index closed at 17,367.72 up 161.66 points or 0.94%. Sterlite, Jindal Saw and Sesa Goa were top gainers.
BSE oil & gas index ended at 11,688.18 up 298.97 points or 2.63%. GAIL, Reliance and HPCL were the top gainers.
BSE realty index closed at 10,291.09 down 109.99 points or 1.06%. Puravankara Project, Indiabulls Realestate, Sobha Developers were the top losers.

Market Snapshot

Market continue to witnesses volatile session with low turnover
Sensex down 110 pts at 19289; off nearly 400 pts from days high
Nifty ends almost flat at 5784; off nearly 80 pts from days high
CNX Midcap Index down 0.33%, BSE Small-cap Index down 1.1%
BSE IT Sector takes a severe beating after muted guidance from Cognizant; Index down 4.7%
Infosys down 5.7% at 1746; ends striking distance to its 52-week low of Rs 1715
Oil & Gas stocks buzz as crude oil futures hits $98/bbl for 1st time ever
BSE Oil & Gas Index up over 2.5%; RIL up 3.9%, DSPML says switch to RIL; GAIL up 6.4%
HPCL up 4.7%; on reports of issuance of further oil bond
Sterlite up 6.7% as board says to raise equity/debt via Sterlite Power
BSE Bank Index down 1.6%; HDFC Bank down 5.3%, ICICI down 3.3%
Allahabad HC may direct govt to reduce SAP on sugarcane: Srcs; Bajaj
Hindustan up 14%, Balrampur up 11.5%, Triveni up 7%
Fertilizer stocks see profit booking; Nagarjuna Fertilizer down 3%; NFL down 10%, FACT down 10%
NSE Advance Decline ratio weakening to 1:2 from 2:3 yesterday
Total market turnover at Rs 87780 cr Vs 1.16 lakh yesterday

F&O SNAPSHOT

Nifty witness some short covering during the day; nifty basis swings from 20 point premium to 17 point discount
Nifty futures add 14.6 lakh shares in OI
Nifty sheds OI in last hour of trade on account of profit booking
Sugar stocks witness huge long OI buildup
RPL and RNRL see volatile day of trade
Turnover today:
BSE cash - Rs 6839.5 cr
NSE cash - Rs 18263.03 cr
NSE f&o - Rs 62678.11 cr
Total - Rs 87780.64 cr
Source:moneycontrol.com

Intraday Calls for 7th November

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

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.

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

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.
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

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.



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