Intraday Trading Calls for 27th June

Indian Stock Market will open gap down of about 350-450 points for Sensex and 100-150 points for Nifty. In Mid-session some recovery expected but remains nagetive with high volatility.

Today's Intraday Stock Tips/Trading Call:

Buy following stocks at decline to yesterday's close With Stop Loss of 1.5% :

CAIRN INDIA (271) around 265

HIND OIL EXPLORATION (131) around 128

SHIV VANI OIL (526) around 515-520

CIPLA (216) around 212

GUJARAT ALKALI (175) around 170-172

RPL (173) around 167

Good Luck

Stock Idea: Idea Cellular

Angel Broking has maintained its buy rating on Idea Cellular in its June 25, 2008 research report. "We view the deal with Spice favourably and even though it does seem as though the price that Idea is paying for Spice is a bit steep, it should be looked at in light of the benefits that the deal will give Idea over a longer-term time frame. Typically, such acquisitions are always made with a time-frame of at least a few years in mind, given the time taken for the synergies to be realised, cost savings, qualitative benefits to play out and EPS accretion."
"Undoubtedly, in the short-term, Idea's equity will see a 23% dilution, leading to lower EPS and its margins will also witness some pressure due to the lower profitability of Spice, but this can be viewed as 'newer circles' (Punjab and Karnataka) that are already profitable and going ahead, the situation can be improved with better execution skills and operating leverage. We are working on our projections for Idea to factor in the effect after the merger with Spice. We view the deal as a long-term positive, even though a short-term negative impact cannot be ruled out. We maintain a Buy on the stock and our Target Price is under review," says Angel's research report.

Stock Idea: Spice Jet

Karvy Stock Broking has maintained its buy rating on SpiceJet with a revised target price of Rs 50 in its June 26, 2008 research report. "We expect SpiceJet to report revenues of Rs 4352 million for the quarter as against Rs 4085 million reported during 3QY08. Revenues would increase on account of increase in the number of departures. We expect the company to report net loss of Rs 805 million as against net profit of Rs 93 million reported during 3QFY08."
"For FY09E we expect the company to report net loss of Rs 1568 million, which is 7.8% higher then our previous loss estimate of Rs 1455 million. On account of the above mentioned reasons, we are downgrading our price target by 16.7% from Rs 60 to Rs 50. During the recent past the stock has fallen sharply and therefore even though we are downgrading the target price the stock still remains a BUY," says Karvy's research report.

Markets Snapshot
Markets end near days high on tripple witching day
Strenghth seen in Nifty, Sensex; Midcap Index end in the red
Market held on back of Reliance Ind
Sensex ends up 201.7 pts at 14422; Nifty ends up 63.2 pts at 4316
CNX Midcap Index ends down 0.62%; BSE Smallcap Index up 1%
BSE Oil & Gas Index up 2.8%; RIL up 4.85%, RPL up 2.2%
BSE IT Index up 2%; Wipro up 6.3%, Satyam up 3%, Infy up 2.2%
Index Gainers; Tata Comm up 9.3%, Ambuja Cem up 7%, Power Grid up 5.7%, Cipla up 4.2%, HDFC up 3.2%'
Index Losers; Hindalco, R Comm, Maruti down nearly 2.5%, Ranbaxy down 2.1%
NSE Advance Decline at 7:5
Total market turnover at Rs 1 lakh cr Vs Rs 98568 cr on Friday
F&O turnover at Rs 79103 cr Vs Rs 81000 cr on Tuesday
Small-cap Buzzers
Ray Ban - Ray Ban India may delist, receives proposal from minority shareholders. At present, Ray Ban Indian Holdings Inc.holds 70.54% of the fully paid-up capital of the Company
Atlas Copco Stock down 10%Defers buy back decision
Kaveri TelecomStock down 20%Q4 Net profit at Rs 3.1 cr Vs Rs 6.1 (QoQ)Q4 Net Sales at Rs 38.6 cr Vs Rs 43 cr
LG BrosRenold to acquire Industrial Chain Biz of LG Balakrishnan For 5.7 m Pounds
Rane Engines: recent re-listingRe-listing price at Rs 275 on June 24
Madras FertSubmits Financial Restructuring package to govt
SpiceMarket believes that Spice group will pump more money in Spice Mobile
F&O Snapshot
NIfty July futures end at 65.85 pts discount; add 1 cr shares in OI Nifty Rollover at 72% Vs 66% in May series
Marketwide rollover at 80% Vs 82% in May series
Aggressive short rollover seen in Nifty futures; cost of rollover expanded in the last half an hour
Low rollover seen in stock futures as some investors not ready to pay rollover cost to next series
Fertilizers stock sees fresh long build-ups after new policy announcement
Momentum Stocks Ispat down 2.3%; add 1.5 cr shares in July seriesIFCI down 4.3%; add 1.38 cr shares in July seriesTTML down 3%; add 1.2 cr shares in July seriesRNRL down 3.4%; add 88 lakh shares in July series
Options : Nifty July 4300 call adds 25.5 lakh shares Nifty July 4400 call adds 22.5 lakh shares Nifty July 4000 put adds 25.3 lakh shares Nifty July 4100 put adds 24.5 lakh shares
Rollover Analysis-Cement, Metal & Banking stocks continue to witness strong rollovers -Auto and Oil & Gas have seen a good spurt in rollover -Rollovers in Chemical and Pharma remain weak-Lowest rollover seen in IVR Prime (55%), Crompton Greaves (55%), Matrix (57%), Divi's (59%), United Phosphorus (60%)-Highest rollover seen in Ultratcech (95%), Syndicate Bank (90%), OBC (89%), Sobha (84%), Hindalco, Tata Comm (82%), L&T, SAIL (80%)

Source: moneycontrol.com

Intraday Trading Calls for 26th June

Indian Stock Market may open with gap up but remains very volatile as Expiry day today. A positive closing expected for the Stock Market India.

Today's Intraday Stock Tips/Trading Calls:

HCC
MERCATOR LINES
CENTURY TEXTILE
CIPLA
ASIAN ELECTRONICS
INDIABULLS REALEST

For Level and Targets CLICK HERE.

Today's Watch List: SATYAM COMPUTER, VOLTAS, PSTL & CAIRN INDIA.

Good Luck

Markets Today

Markets Snapshot
Markets end at day's high led by short covering
Sensex ends up 113.5 pts at 14220; recovers nearly 500 pts from day's low
Nifty ends up 61.5 pts at 4,252.6; recovers nearly 160 pts from day's low
Nifty slips below 4,100 during the opening trade
CNX Midcap Index ends up 0.8%, BSE Small-cap Index up 0.7%
BSE Metal, Oil & Gas Indices up nearly 3%, BSE Realty Index up 2.15%
Deal of the day: Idea to acquire 40.8% stake in Spice Comm at Rs 77.3/sh
Telecom Buzzers; Spice Comm up 33%, R Comm up 7.3%, Bharti up 3.9%, Tata Comm up 4.1%
Realty Buzzers; Unitech up 7.9%, DLF up 4.3%
Index Gainers; Tata Steel up 4.4%, Reliance Infra up 4.1%, RIL up 3.5%, TCS up 3.8%
Stocks under pressure; Indiabulls Real down 7.4%, Panacea Biotec down 7.5%, OCL India down 8%
NSE Advance Decline at 7:5
Total F&O turnover at Rs 81,000 cr; highest since Jan 21, 2008
Total market turnover at Rs 98568 cr Vs Rs 87406 cr cr on Tuesday
F&O turnover at Rs 81000 cr Vs Rs 70250 cr on Tuesday
Buzzers-LG Bros up 20%; Renold to acquire Industrial Chain Biz Of~LG Balakrishnan For 5.7 m Pounds-Niraj Cem up 20%; Recent listing-GHCL up 10%; Dow Chem to increase prices by another 25% in July-Spice up 17.2%; market believes that Spice group will pump more money in Spice Mobile -Sasken Comm, HOEC, BOI, Punj Lloyd, Shree Renuka, Rel Cap
F&O Snapshot
Nifty rollover at 53%, Market wide at 53%
Short covering seen in the Nifty futures
Nifty June at 8 pts discount Vs 19 pts disc in the morning
July futures at 42 pts disc Vs 50.7 pts disc in the morning
Cement and construction continued to witness strong rollovers
Options: Nifty 4200 July call adds 12.9 lakh shares Nifty 4300 July call adds 10.3 lakh shares Nifty 4000 July put adds 6.8 lakh shares
Star Trade: Sasken up 14%; adds 2.4 lakh shares in July
Fresh Longs: Hind Oil up 9%; adds 12 lakh shares in July Century Text up 9.3%; adds 5.5 lakh shares in July Bombay Deying up 8.4%; adds 2.1 lakh shares in July Essar Oil up 4.3%; adds 8.6 lakh shares in July Reliance Ind up 3.5%; adds 16.7 lakhs shares in July Tata Steel up 3.8%; adds 21.9 lakh shares in JulyRPL up 4.5%; adds 1.1 cr shares in July SAIL up 3.2%; adds 55 lakh shares in July
Short Covering: Bank of India up 8.5%; sheds 1.7 lakh shares in July
Fresh Short : Oriental Bank dn 6%; adds 3.3 lakh shares in JulyYes Bank dn 4.5%; adds 6.6 lakh shares in July

Source: moneycontrol.com

Intraday Trading Calls for 25th June

Indian Stock Market BSE & NSE may open with gap down due to Repo and CRR hike by RBI to control the inflation. But some recovery expected from lower levels today. I think that Markets is going to touch the bottom today or tomorrow. Markets may starts recover and see a good rally in the month of July.

Today's Intraday Stock Tips/Trading Calls:

RPOWER

RPL

RCOM

NTPC

INDIABULLS FINANCIALS

GSS AMERICA INFO

For Levels and Targets CLICK HERE.

Good Luck