Thursday, May 24, 2007
nifty out look .23.05.07
NIFTY OUTLOOK- as I am expecting a fall of 75-150 points today it falls but closing in on negative bias so some weakness can be expected in today’s market also and the all pivots are same as yesterday .trade accordingly with support and resistance levels .
Sunday, May 20, 2007
Friday, May 18, 2007
multibagger .......
southern online bio technology just start buying with every dip and accumulate for decent gains.
performance ....
our cairn call given on 14.05.07 at 133.5 rocking today and we noe generated ..approx20% in 4 days .how many of day traders are earning 20% with no risk by just 1lacs rs?
nifty outlook for 18.05.07
NIFTY ANALYSIS- as we predicted that in this week we make a new high so we are there for today I am expecting consolodiation ..market can trade in a range bound but 4250 levels are so important if it crosses then sure we headed towards 4300 today itself but not so much chances to cross as I am expecting and state you all that after making new high we have slight u turn and it was observed in today’s market in last session we saw a sudden cooling off in the markets .b cautious today .dont take over positions b stock specific now I can suggest IT sector is looking safe bet for day trading as well as short term also .
Wednesday, May 16, 2007
NIFTY OUTLOOK FOR 17.05.07
NIFTY ANALYSIS- as technical osscilators are looking some week the behave of market from last 15 days macd is gradually declining .but I am expecting a shrpa bounce we are not so far to cross all time high so I am expecting the same any moment we can see all time high after that we can expect a swing turn for today nifty will trade in very sideways ..as we close above our supports so we can see nifty upto 4175-4210 downside is looking so limited.
performance
script name
recommendation date
suggested qty
buy price
exit date
exit price
ROI
GAIL
14.05.07
89
279
14.05.07
290
approx3.8
EUROTEXIND
14.05.07
476
31.45
CAIRN ENERGY
14.05.07
187
133.5
DISHTV
14.05.07
216
115.5
14.05.07
121
5%
CREWBOS
14.05.07
52
189.05
15.05.07
190.5
5%
MTNL
15.05.07
165
152
DABUR
15.05.07
280
89.9
15.05.07
alomost get 15% on ROI in 2 days from our daily news letter. with niminal investment and risk free investment without fno trading 15% we earn on investment of rs75000. now you can understand. as we told earlier we post only nifty analysis and short term and long term calls on the blog u can check out our short term and long term calls performances and rst all are from our dms without any charges.
recommendation date
suggested qty
buy price
exit date
exit price
ROI
GAIL
14.05.07
89
279
14.05.07
290
approx3.8
EUROTEXIND
14.05.07
476
31.45
CAIRN ENERGY
14.05.07
187
133.5
DISHTV
14.05.07
216
115.5
14.05.07
121
5%
CREWBOS
14.05.07
52
189.05
15.05.07
190.5
5%
MTNL
15.05.07
165
152
DABUR
15.05.07
280
89.9
15.05.07
alomost get 15% on ROI in 2 days from our daily news letter. with niminal investment and risk free investment without fno trading 15% we earn on investment of rs75000. now you can understand. as we told earlier we post only nifty analysis and short term and long term calls on the blog u can check out our short term and long term calls performances and rst all are from our dms without any charges.
Sunday, May 13, 2007
hi
the daily market strategy were sent to those who update their emails id's with us who doesnt get it can get back to us .
regards.
regards.
Thursday, May 10, 2007
hi
no postings today as we are going to make some sudden changes and make some different strategies so i need the mails id's of all the members who are the regular visitors of the blog so we can send some facts about startegy.
you can mail me at-vishwa_deepak1@yahoo.com
regards.
you can mail me at-vishwa_deepak1@yahoo.com
regards.
Tuesday, May 8, 2007
today's performance.
foursoft hits SL
COMSYS HITS SL
CINEMAX HITA OUR TARGET . so i dont think so that we have in a huge loss .
COMSYS HITS SL
CINEMAX HITA OUR TARGET . so i dont think so that we have in a huge loss .
nifty outlook for 09.05.07
as we are giving you alert from monday go lons it's gud but i aware you all and send msgs to you all to buy nifty 4000and3800 put and today i told you to sell it hope you all have done this .now come to the market dont want to explain too much higher side can any levels now that was not important important is that how much downside we can see for tomorrow only one support exists from my view is 4040 so plz keep eye one this support .as we send you a msg also about a news for nifty big correction so major downfall maximum levels we can go upto 3850 but sudden bounce back in this month only sodont get trapped work smartely if any one doesnt understand market get out now come in june .
resistance what i say u can fix your resistance levels for tomorrow .support is 4040 keep eye on that .
due to volatility i am not providing any intraday calls .
resistance what i say u can fix your resistance levels for tomorrow .support is 4040 keep eye on that .
due to volatility i am not providing any intraday calls .
Monday, May 7, 2007
our short term call...........
our short term call of penny stocks ....
brells system @.5paise is rocking with 20% upper circuit from last 3 days
maximaa systems @2.7 is now at 4.2 rocking on upper circuit ...
himachalfut ....adhunik.....whirpool............enjoy ..........
brells system @.5paise is rocking with 20% upper circuit from last 3 days
maximaa systems @2.7 is now at 4.2 rocking on upper circuit ...
himachalfut ....adhunik.....whirpool............enjoy ..........
intraday as well as short term calls .
as i need notto explain again y i write like that intraday as well as short term calls as so many members asked me today that i dont have belive on my calls for intra day that y i suggest u to take for short term then i didnt gave any answer i just said check the eprformance short term only because they can give you more earning and if they falls in day trading then you can hold them it ll work in 3-5 days maximum as i watch with my calls .
buy foursoft@60-60.5sl58.15target-62-64-65
buy cinemax@144.4-145 sl 142 target-148-152-155
buy comsys@23.6-23.9sl23.05target24.7-25.2-25.65
..............trade with given levels .
buy foursoft@60-60.5sl58.15target-62-64-65
buy cinemax@144.4-145 sl 142 target-148-152-155
buy comsys@23.6-23.9sl23.05target24.7-25.2-25.65
..............trade with given levels .
nifty outlook for 08.05.07
nifty still a major resistance which we we are talking from long time is 4175 but in mkt correction of 100-150 points already sets as told yesterday also we can see 4075or4040 levels by friday but y i am giving you resistance levels .the reason is very clear as all the rest world markets are trading at their higher levels so we need a break out as said yesterday we open in positive note and opend .views for today is we can open marginally wether it's + or -as we open higher and closes flat showing that market is having streght at lower levels .so we can expect a run up today upto 4175 leveles positively .
nifty resistance levels-4155-4175-4220
nifty support levels-4110-4075-4040
trade safe and earn safe .
nifty resistance levels-4155-4175-4220
nifty support levels-4110-4075-4040
trade safe and earn safe .
Sunday, May 6, 2007
intraday as well short term call for 07.05.07
as i want to make you clear so many are askign me that y i wrote inratday as well asshort term.see we are providing with proper sl but so many of clients doesnt follow the sl so i personally suggest them calls in this section they can have delvery also as they can run in 1-3 days .so this i found a safe bet to do intraday .
buy biocon@467sl460 tgt-476-480-485
buy uniphos@310-311 sl 304 target319-325-330
buy aztec soft@99-100 sl 97.3 target 103-105
sellwelguj@136.5-136 sl138 target 134-132-131
as market looks volatile trade safely ...
buy biocon@467sl460 tgt-476-480-485
buy uniphos@310-311 sl 304 target319-325-330
buy aztec soft@99-100 sl 97.3 target 103-105
sellwelguj@136.5-136 sl138 target 134-132-131
as market looks volatile trade safely ...
nifty future ...
as on friday we told u through yahoo messanger to buy nifty fut plz exit in opening bell as u get it in profit ..
nifty outlkook for 07.05.07
as international markets are showing so much of strenghts .still bulls are not give their charge to the bears so i am expecting a positive opening .as the crucial level of4175 is still maintained if we close above this then we can expect upmove upto 4215 otherwise mkt is behaving rangebound now the lower side very important levels for tomorrow is 4105 if it breaks then we can see some more fall on cards .so b stock specific as technically a coreection of 50-105 points can b observe anytime on cards .
nifty resi-4175-4215-4235
nifty supp-4105-4075-4040.
nifty resi-4175-4215-4235
nifty supp-4105-4075-4040.
performance ..
mtnl achieves our first target .
obc achieves our first target
idbi give rs1.5 upmove.
yahoo messanger calls give profit are nifty ,gujambuja,dishtv.
if any of yoiu have any problems with calls can get back to me .
obc achieves our first target
idbi give rs1.5 upmove.
yahoo messanger calls give profit are nifty ,gujambuja,dishtv.
if any of yoiu have any problems with calls can get back to me .
Thursday, May 3, 2007
reminder
as we posted earlier a call on adhunik metals@29-30 again i want to remind you all to add this stock in your portfolio with target price of rs50 in short term and rs100 in long term a safe bet .
TODAY'S CALL FOR INTRADAY .
BUY IDBI@91-91.5 TARGET 94-96-98 SL 89.5
BUY OBC@196-197 TARGET 200-202-205 SL 194.25
BUY MTNL @150.60-151 TARGET 153-155-158 SL 148 .
BE STRICT WITH OUR STOP LOSS AS VERY RARELY OUR SL TRIGGERS.
TRY TO BOOK YOUR 50% INTRADAY POSITION ON 1ST TARGET AND HOLD REST FOR 2ND WITH SL BELOW RS1 OF 1ST TARGET AND BOOK 25% AT 2ND TARGET AND REST 25% BOOK AT FINAL TARGET AND PUT SL BELOW RS1 OF 2ND TARGET .IF nyone haveing any confusion then get back to me .
BUY OBC@196-197 TARGET 200-202-205 SL 194.25
BUY MTNL @150.60-151 TARGET 153-155-158 SL 148 .
BE STRICT WITH OUR STOP LOSS AS VERY RARELY OUR SL TRIGGERS.
TRY TO BOOK YOUR 50% INTRADAY POSITION ON 1ST TARGET AND HOLD REST FOR 2ND WITH SL BELOW RS1 OF 1ST TARGET AND BOOK 25% AT 2ND TARGET AND REST 25% BOOK AT FINAL TARGET AND PUT SL BELOW RS1 OF 2ND TARGET .IF nyone haveing any confusion then get back to me .
NIFTY OUTLOOK FOR 04.05.2007
AS WE ARE EXPECTING 4175 ALMOST IT ACHIEVES OUR TARGET ..FOR TODAY AGAIN A CRUCIAL LEVEL IS 4175 WHICH I AM EXPECTING TOMORROW IT LL COVERD IN OPENING GAP ONLY AS I AM EXPECTING NIFTY FOR TODAY IT CAN TOUCH 4218 HERE WE CAN SEE SOME PROFIT BOOKING LEVELS THIS IS VERY CRUCIAL RESISTANCE LEVELS IF IT MANAGES TO CROOS THEN WE CAN SEE 4250 BY TOMORROW AS MARKET LEADER RELINCE INDUSTRIES ARE IN FORM AND A ROBUST CORPORATE EARNINGS BOSSTS THE MARKETS AND INTERNATIONAL MARKETS ALSO HELPING TO CROSS NEW HIGH ASAP .BUT WE CAN SEE A SHARP REVERSAL FROM 4218-4228-4240 LEVELS UPTO 41.15 NIFTY CAN COME FROM THERE.
NIFTY RESISTANCE-4175-4218-4240
NIFTY SUPPORT-4152-4130-4115
NIFTY RESISTANCE-4175-4218-4240
NIFTY SUPPORT-4152-4130-4115
todays performances
fsl achieves our first target .jupitor is rate to rate .
ifci put of rs45 @2.30 touches 2.9 still open ...
nifty 4100 call today we booked @125 given on monday@96....
nifty trend analysis is almost as per as our expection
ifci put of rs45 @2.30 touches 2.9 still open ...
nifty 4100 call today we booked @125 given on monday@96....
nifty trend analysis is almost as per as our expection
post market analysis
The Sensex, which was strong throughout the day, ended firm as buying continued for index pivotals, especially index heavyweight Reliance Industries (RIL), owing to a stupendous set of results from India Inc, rallying US markets and firm stocks around the globe. Stocks from the oil & gas, capital goods and the auto pack were in demand.
The 30-share BSE Sensex ended with a spurt of 205.84 points, or 1.48%, at 14,078.21. It had opened firm at 13,987.77, which was also its low for the day. The benchmark Sensex had eased a bit after touching a high of 14,104.47, in the late afternoon session of trades, as some profit-booking emerged at the higher levels.
The S&P CNX Nifty jumped 62.95 points (1.54%), at 4,150.85. It had surged to an intra-day high of 4,161.20 today. Its all-time high is at 4,245.30.
The total turnover on BSE amounted to Rs 4417.65 crore while the NSE F&O turnover was Rs 27675.18 crore. The market-wide turnover was Rs 41409.87 crore.
The market-breadth, which reflects the overall health of the market, was strong. Smallcaps and mid-caps also contributed to the rally today. There were over 1.5 gainers for every loser on BSE. Against 1,535 scrips that advanced, 1,038 declined. Also, 95 scrips remained unchanged.
The BSE Mid-Cap Index settled at 5,866.25, rising 71 points (1.22%), while the BSE Small-Cap Index rose 60 points (0.9%), to 7,054.20.
Among the 30-Sensex pack, 22 advanced while the rest declined.
Auto major Bajaj Auto (BAL) jumped 4.70% to Rs 2559.90, and was the top-gainer. BAL’s board meeting is scheduled on 17 May 2007, in Mumbai and as per reports is “very likely” to include the demerger proposal on its agenda. The proposal is intended to unlock value for shareholders by separting the manufacturing and financial assets of Bajaj Auto into two entities.
Meanwhile, Bajaj Auto continued its downward spiral in motorcycle sales for the third consecutive month this year, with its April numbers, including exports, declining by 13% compared to the same month last year. The company said its bike sales in April stood at 1,64,304 units against 1,88,518 units (inclusive of exports) in the same month last year, down 13%. Total two-wheeler sales also registered a dip of 13% at 1,65,692 units against 1,90,964 units last year, BAL said.
Three-wheeler sales, however, were up 15% at 24,360 units as against 21,159 units in the corresponding month last year, the company added. BAL said exports during the month jumped by 64%.
Hero Honda gained 2.69% to Rs 702, as bike sales improved in April. Hero Honda reported a 4.86% increase in vehicle sales during April 2007 at 2,62,544 units against 2,50,366 units in the same month last year. “We have been consistently doing better than industry numbers for the past few months and the momentum has been sustained in the first month of the new financial year as well. We expect to maintain this growth momentum in the coming years as well,” Hero Honda Vice-President (marketing and sales) Anil Dua said in the statement. Hero Honda’s growth is in contrast to rival Bajaj Auto continuing its downward spiral in motorcycle sales for the third consecutive month this year, with the latter’s April numbers, including exports, declining 13% compared with the same month last year.
Maruti Udyog rose 1.52% to Rs 815.30, after reporting 17% growth in car sales in April as it sold 48,652 vehicles compared to 41,574 vehicles sold in the same period last year. Over all, the company sold 50,352 vehicles in domestic and international markets in April, compared to 43,127 in April 2006.
The BSE Auto Index gained 1.45%, buoyed by renewed buying following robust set of monthly vehicle sales figures for April 2007.
Gujarat Ambuja Cements (up 3.82% to Rs 122.45), and Ranbaxy laboratories (up 3.41% to Rs 384) were the other gainers.
Index heavyweight Reliance Industries (RIL) advanced 3.97% to Rs 1622.10, as 8.62 lakh shares changed hands in the counter on BSE. It had surged to a high of Rs 1627.80, while its low was at Rs 1575. RIL will pay over $600 million for hiring deep-sea drilling rigs for developing the gas fields in the prolific KG-D6 block off the east coast. It has hired US firm Tranocean’s Deepwater Frontier rig at a day rate of $3,20,000 for two years, beginning August 2006. Deepwater Frontier is currently drilling in Bay of Bengal, reports said. Crude oil production will begin in the first quarter of calender year 2008, earlier than the gas project. Oil output will range between 30,000 and 50,000 barrels per day, sources said.
KG-D6, the world’s second largest deepwater find last decade, is being brought to production in less than six years of discovery at a cost of $2.8 per barrel of oil equivalent (boe), they said.
Once the fields comes on production, almost all of the country’s natural gas deficit will be wiped out.
Led by RIL, the BSE Oil& Gas Index surged 2.8% to 7,337.78, and was the top-gainer from among the sectoral indices of BSE. BPCL (up 4.17%), HPCL (up 4.20%) and ONGC (up 0.50%), had gained.
The BSE Capital Goods Index advanced 1.9% at 10,063.23, led by L&T (up 2.48% to Rs 1738.55), Areva T&D (up 8.58% to Rs 1288), Bhel (up 1.72% to Rs 2530), and Crompton Greaves (up 1.60% to Rs 356).
Maruti Udyog (MUL) rose nearly 1.52% to Rs 815.30, after reporting 17% growth in car sales in April as it sold 48,652 vehicles compared to 41,574 vehicles sold in the same period last year. Over all, the company sold 50,352 vehicles in domestic and international markets in April, compared to 43,127 in April 2006.
HDFC Bank lost 2.35% to Rs 1002, and was the top-loser.
FMCG major Hindustan Lever (HLL) declined 1.71% to Rs 196, on a volume of 10.80 lakh shares while telecom services provider, Reliance Communications, slipped 1.38% to Rs 470.50, on a volume of 23.51 lakh shares.
Tata Motors slipped 2.26% to Rs 733.50, after surging to a high of Rs 764.50, on reporting total sales of 40,486 vehicles (including exports) for April, a growth of 10.7% over 36,574 vehicles sold in April 2006. The company sold 19,607 commercial vehicle (CV) units in the domestic market during April, when compared with 19,674 vehicles in the same month last year.
The sales of medium and heavy commercial vehicle products stood at 10,392 units, a decline of 14% over April 2006. Sales of light commercial vehicles grew by 22% at 9,215 units over April 2006.
Tata Motors’ passenger vehicles business reported total sales of 16,842 vehicles in the domestic market in April 2007, an increase of 26% over April 2006. The company sold 4,037 units in the export market in April 2007, compared to 3,572 vehicles in April last year, an increase of 13% driven mainly by commercial vehicles.
Housing finance company HDFC was up 0.43% to Rs 1666.90, after it reported a 29% jump in net profit to Rs 550.05 crore for the fourth quarter ended March 2007, compared to Rs 426.52 crore for the same quarter a year ago. Total income rose nearly 40% to Rs1,732.95 crore (Rs 1,239.90 crore).
In FY-2007, HDFC posted a net profit of Rs 1570.38 crore compared to Rs 1257.30 crore for FY-2006. Total Income on annual basis increased to Rs 5896.26 crore (Rs 4278.39 crore).
IFCI was the top-traded scrip, grossing Rs 154.96 crore on BSE. While RIL (Rs 138.42 crore), Network 18 Fincap (Rs 113.68 crore), Tech Mahindra (Rs 113.52 crore) and Reliance Communication (Rs 112.50 crore) followed.
IT and BPO major MphasiS gained 4.78% to Rs 328.65, after it posted 59% increase in net profit at Rs 29.03 crore for the quarter ended March 2007, as compared to Rs 18.26 crore in the corresponding quarter of the previous fiscal. The total income grew 55% to Rs 161 crore (Rs 103.93 crore).
“This fiscal has been one of great challenges and achievements. We have grown from strength-to-strength after a subdued first quarter to record our highest ever profits as a company,” Mphasis Chairman Jerry Rao said.
MphasiS posted a net profit of Rs 45.56 crore for the quarter ended March 2007, as compared to Rs 35.15 crore for the same quarter last year and the total income of the group rose to Rs 334.72 crore from Rs 251.63 crore.
The MphasiS group added seven new clients in the January-March quarter, including a US-based housing finance institution it didn’t identify.
Gujarat Mineral Development Corporation (GMDC) jumped 20% to Rs 637, on a report that the board had recommended a 2-for-1 stock split. There was no such announcement by the company so far. The stock also got a boost today from a surge in net profit for Q4 March 2007, reported by the company. Gujarat Mineral Development Corporation (GMDC)’s net profit jumped 92.1% in Q4 March 2007 to Rs 49.66 crore (Rs 25.85 crore). Net sales rose 44.9% to Rs 185.47 crore (Rs 128.01 crore).
Network 18 Fincap surged 20% at Rs 467.85, after a block deal of 12.5 lakh shares was struck in the counter on BSE at Rs 395 per share in the opening session of trades. The Network 18 Fincap counter clocked huge total volumes of 26.64 lakh shares on BSE.
Gujarat Gas Company jumped 9.16% to Rs 1450, after the company reported 42.6% growth in net profit in Q4 March 2007, and set a record date of 22 May 2007 for executing a 5-for-1 stock-split.
Hindustan Zinc jumped 9% to Rs 740.70. The stock had edged up tracking surging global base metal prices. Strong economic data lifted global metal prices. US factory orders rose a greater-than-expected 3.1% and euro-zone manufacturing activity was also steady, suggesting strong demand for metals.
Nestle India jumped 6.63% to Rs 1074, on reporting 22% growth in net profit for Q1 March 2007 to Rs 108.45 crore (Rs 88.61 crore). Net sales rose 28% to Rs 863.08 crore (Rs 675.92 crore). The net domestic sales rose 21% to Rs 813.17 crore, largely on account of higher volume and price increases across categories. Nestle India had taken some price increases during the last few months in key categories, to insulate margins from cost escalation.
Nestle India’s export revenues jumped 70% to Rs 86.24 crore in Q1 March 2007, due to higher volumes coupled with higher realisations, most of which were on account of higher prices of green coffee.
Moser Baer rose 2.36% to Rs 364.25, after the company announced a 1:2 bonus along with strong set of Q4 March 2007 results. For Q4 March 2007, Moser Baer reported a surge in net profit to Rs 39.72 crore (Rs 0.35 crore). Net sales rose 3.5% to Rs 525 crore (Rs 507.49 crore). Meanwhile, Moser Baer’s board has also decided to raise funds for its expansion plan through debt or equity up to $150 million.
Adlabs Films rose 3.61% to Rs 445, after it entered into an agreement with Rave Entertainment for exhibition rights in seven multi-screen cinemas of north India, one of which is operational and six are coming up. The seven multi-screen cinemas will have 23 screens in aggregate.
Gateway Distriparks rose 2.80% to Rs 180, after it announced a surprise 1:4 bonus issue along with Q4 March 2007 results. It reported 12.9% growth in net profit in the March 2007 quarter at Rs 20.25 crore (Rs 17.94 crore). Net sales rose 18.6% to Rs 35.59 crore (Rs 30 crore).
Apollo Tyres edged up 1.01% to Rs 319, after the company’s board announced a generous 10-for-1 stock-split along with robust Q4 results. As many as 15,092 shares have changed hands in the counter on BSE. Apollo Tyres’ net profit surged 118.5% in Q4 March 2007 at Rs 42.72 crore (Rs 19.55 crore). Net sales rose 22% to Rs 910.21 crore (Rs 745.85 crore).
The Hang Seng Index was up 1.44%, while the Nikkei 225 Index rose 0.69%.
FIIs turned sellers in the last two trading sessions after the heavy inflows of the last few days. FIIs sold shares worth a net Rs 195 crore on Friday (27 April), the day when the Sensex had plunged 320 points. Their inflow has been robust this month. As per a provisional data, FIIs were net sellers to the tune of Rs 440.51 crore on Monday. Domestic institutional investors were net buyers to the tune of Rs 200.65 crore on Monday. The market was closed on Tuesday (1 May) and Wednesday (2 May) on account of public holidays.
The outcome of the ongoing seven-phased Uttar Pradesh assembly elections, is a key political event to watch out for. The assembly poll gets over early this month. The vote is seen as a barometer of national political trends. Some opinion polls show the opposition Bharatiya Janata Party (BJP) emerging second in the race, further adding to the woes of the ruling Congress, which is already battling rising prices.
US stocks rallied on Wednesday, as robust profits and a flurry of buyout offers powered the Dow Jones industrials to a record-high and the S&P 500 to its highest level in over six years. Shares of manufacturing companies that sell their products abroad, such as appliance maker Whirlpool Corp and lawn mower maker Toro Co., posted sharp gains after government data showed bigger-than-expected increases in US factory orders. The Dow Jones industrial average was up 75.74 points, or 0.58%, at 13,211.88. The Standard & Poor’s 500 Index was up 9.62 points, or 0.65%, at 1,495.92. The Nasdaq Composite Index was up 26.31 points, or 1.04%, at 2,557.84.
Oil prices clawed back up on Thursday, after US government data showed a build up in crude but a further fall in gasoline stocks ahead of peak summer demand. US crude rose 4 cents to $63.72, after a 72-cent drop a day earlier. London Brent crude gained 18 cents to $66.43 a barrel in the Asian session, after dropping 75 cents on Wednesday.
US crude oil inventories rose by 1.1 million barrels last week in government data on Wednesday, slightly above analyst forecasts, due in part to continued low demand from refiners amid a string of breakdowns.
Meanwhile, the Lok Sabha on Thursday approved in a voice vote the Budget for 2007/08. Earlier, Finance Minister Palaniappan Chidambaram changed duties on some items, including cement and iron ore, and announced other changes to proposals he first laid out in February.
The 30-share BSE Sensex ended with a spurt of 205.84 points, or 1.48%, at 14,078.21. It had opened firm at 13,987.77, which was also its low for the day. The benchmark Sensex had eased a bit after touching a high of 14,104.47, in the late afternoon session of trades, as some profit-booking emerged at the higher levels.
The S&P CNX Nifty jumped 62.95 points (1.54%), at 4,150.85. It had surged to an intra-day high of 4,161.20 today. Its all-time high is at 4,245.30.
The total turnover on BSE amounted to Rs 4417.65 crore while the NSE F&O turnover was Rs 27675.18 crore. The market-wide turnover was Rs 41409.87 crore.
The market-breadth, which reflects the overall health of the market, was strong. Smallcaps and mid-caps also contributed to the rally today. There were over 1.5 gainers for every loser on BSE. Against 1,535 scrips that advanced, 1,038 declined. Also, 95 scrips remained unchanged.
The BSE Mid-Cap Index settled at 5,866.25, rising 71 points (1.22%), while the BSE Small-Cap Index rose 60 points (0.9%), to 7,054.20.
Among the 30-Sensex pack, 22 advanced while the rest declined.
Auto major Bajaj Auto (BAL) jumped 4.70% to Rs 2559.90, and was the top-gainer. BAL’s board meeting is scheduled on 17 May 2007, in Mumbai and as per reports is “very likely” to include the demerger proposal on its agenda. The proposal is intended to unlock value for shareholders by separting the manufacturing and financial assets of Bajaj Auto into two entities.
Meanwhile, Bajaj Auto continued its downward spiral in motorcycle sales for the third consecutive month this year, with its April numbers, including exports, declining by 13% compared to the same month last year. The company said its bike sales in April stood at 1,64,304 units against 1,88,518 units (inclusive of exports) in the same month last year, down 13%. Total two-wheeler sales also registered a dip of 13% at 1,65,692 units against 1,90,964 units last year, BAL said.
Three-wheeler sales, however, were up 15% at 24,360 units as against 21,159 units in the corresponding month last year, the company added. BAL said exports during the month jumped by 64%.
Hero Honda gained 2.69% to Rs 702, as bike sales improved in April. Hero Honda reported a 4.86% increase in vehicle sales during April 2007 at 2,62,544 units against 2,50,366 units in the same month last year. “We have been consistently doing better than industry numbers for the past few months and the momentum has been sustained in the first month of the new financial year as well. We expect to maintain this growth momentum in the coming years as well,” Hero Honda Vice-President (marketing and sales) Anil Dua said in the statement. Hero Honda’s growth is in contrast to rival Bajaj Auto continuing its downward spiral in motorcycle sales for the third consecutive month this year, with the latter’s April numbers, including exports, declining 13% compared with the same month last year.
Maruti Udyog rose 1.52% to Rs 815.30, after reporting 17% growth in car sales in April as it sold 48,652 vehicles compared to 41,574 vehicles sold in the same period last year. Over all, the company sold 50,352 vehicles in domestic and international markets in April, compared to 43,127 in April 2006.
The BSE Auto Index gained 1.45%, buoyed by renewed buying following robust set of monthly vehicle sales figures for April 2007.
Gujarat Ambuja Cements (up 3.82% to Rs 122.45), and Ranbaxy laboratories (up 3.41% to Rs 384) were the other gainers.
Index heavyweight Reliance Industries (RIL) advanced 3.97% to Rs 1622.10, as 8.62 lakh shares changed hands in the counter on BSE. It had surged to a high of Rs 1627.80, while its low was at Rs 1575. RIL will pay over $600 million for hiring deep-sea drilling rigs for developing the gas fields in the prolific KG-D6 block off the east coast. It has hired US firm Tranocean’s Deepwater Frontier rig at a day rate of $3,20,000 for two years, beginning August 2006. Deepwater Frontier is currently drilling in Bay of Bengal, reports said. Crude oil production will begin in the first quarter of calender year 2008, earlier than the gas project. Oil output will range between 30,000 and 50,000 barrels per day, sources said.
KG-D6, the world’s second largest deepwater find last decade, is being brought to production in less than six years of discovery at a cost of $2.8 per barrel of oil equivalent (boe), they said.
Once the fields comes on production, almost all of the country’s natural gas deficit will be wiped out.
Led by RIL, the BSE Oil& Gas Index surged 2.8% to 7,337.78, and was the top-gainer from among the sectoral indices of BSE. BPCL (up 4.17%), HPCL (up 4.20%) and ONGC (up 0.50%), had gained.
The BSE Capital Goods Index advanced 1.9% at 10,063.23, led by L&T (up 2.48% to Rs 1738.55), Areva T&D (up 8.58% to Rs 1288), Bhel (up 1.72% to Rs 2530), and Crompton Greaves (up 1.60% to Rs 356).
Maruti Udyog (MUL) rose nearly 1.52% to Rs 815.30, after reporting 17% growth in car sales in April as it sold 48,652 vehicles compared to 41,574 vehicles sold in the same period last year. Over all, the company sold 50,352 vehicles in domestic and international markets in April, compared to 43,127 in April 2006.
HDFC Bank lost 2.35% to Rs 1002, and was the top-loser.
FMCG major Hindustan Lever (HLL) declined 1.71% to Rs 196, on a volume of 10.80 lakh shares while telecom services provider, Reliance Communications, slipped 1.38% to Rs 470.50, on a volume of 23.51 lakh shares.
Tata Motors slipped 2.26% to Rs 733.50, after surging to a high of Rs 764.50, on reporting total sales of 40,486 vehicles (including exports) for April, a growth of 10.7% over 36,574 vehicles sold in April 2006. The company sold 19,607 commercial vehicle (CV) units in the domestic market during April, when compared with 19,674 vehicles in the same month last year.
The sales of medium and heavy commercial vehicle products stood at 10,392 units, a decline of 14% over April 2006. Sales of light commercial vehicles grew by 22% at 9,215 units over April 2006.
Tata Motors’ passenger vehicles business reported total sales of 16,842 vehicles in the domestic market in April 2007, an increase of 26% over April 2006. The company sold 4,037 units in the export market in April 2007, compared to 3,572 vehicles in April last year, an increase of 13% driven mainly by commercial vehicles.
Housing finance company HDFC was up 0.43% to Rs 1666.90, after it reported a 29% jump in net profit to Rs 550.05 crore for the fourth quarter ended March 2007, compared to Rs 426.52 crore for the same quarter a year ago. Total income rose nearly 40% to Rs1,732.95 crore (Rs 1,239.90 crore).
In FY-2007, HDFC posted a net profit of Rs 1570.38 crore compared to Rs 1257.30 crore for FY-2006. Total Income on annual basis increased to Rs 5896.26 crore (Rs 4278.39 crore).
IFCI was the top-traded scrip, grossing Rs 154.96 crore on BSE. While RIL (Rs 138.42 crore), Network 18 Fincap (Rs 113.68 crore), Tech Mahindra (Rs 113.52 crore) and Reliance Communication (Rs 112.50 crore) followed.
IT and BPO major MphasiS gained 4.78% to Rs 328.65, after it posted 59% increase in net profit at Rs 29.03 crore for the quarter ended March 2007, as compared to Rs 18.26 crore in the corresponding quarter of the previous fiscal. The total income grew 55% to Rs 161 crore (Rs 103.93 crore).
“This fiscal has been one of great challenges and achievements. We have grown from strength-to-strength after a subdued first quarter to record our highest ever profits as a company,” Mphasis Chairman Jerry Rao said.
MphasiS posted a net profit of Rs 45.56 crore for the quarter ended March 2007, as compared to Rs 35.15 crore for the same quarter last year and the total income of the group rose to Rs 334.72 crore from Rs 251.63 crore.
The MphasiS group added seven new clients in the January-March quarter, including a US-based housing finance institution it didn’t identify.
Gujarat Mineral Development Corporation (GMDC) jumped 20% to Rs 637, on a report that the board had recommended a 2-for-1 stock split. There was no such announcement by the company so far. The stock also got a boost today from a surge in net profit for Q4 March 2007, reported by the company. Gujarat Mineral Development Corporation (GMDC)’s net profit jumped 92.1% in Q4 March 2007 to Rs 49.66 crore (Rs 25.85 crore). Net sales rose 44.9% to Rs 185.47 crore (Rs 128.01 crore).
Network 18 Fincap surged 20% at Rs 467.85, after a block deal of 12.5 lakh shares was struck in the counter on BSE at Rs 395 per share in the opening session of trades. The Network 18 Fincap counter clocked huge total volumes of 26.64 lakh shares on BSE.
Gujarat Gas Company jumped 9.16% to Rs 1450, after the company reported 42.6% growth in net profit in Q4 March 2007, and set a record date of 22 May 2007 for executing a 5-for-1 stock-split.
Hindustan Zinc jumped 9% to Rs 740.70. The stock had edged up tracking surging global base metal prices. Strong economic data lifted global metal prices. US factory orders rose a greater-than-expected 3.1% and euro-zone manufacturing activity was also steady, suggesting strong demand for metals.
Nestle India jumped 6.63% to Rs 1074, on reporting 22% growth in net profit for Q1 March 2007 to Rs 108.45 crore (Rs 88.61 crore). Net sales rose 28% to Rs 863.08 crore (Rs 675.92 crore). The net domestic sales rose 21% to Rs 813.17 crore, largely on account of higher volume and price increases across categories. Nestle India had taken some price increases during the last few months in key categories, to insulate margins from cost escalation.
Nestle India’s export revenues jumped 70% to Rs 86.24 crore in Q1 March 2007, due to higher volumes coupled with higher realisations, most of which were on account of higher prices of green coffee.
Moser Baer rose 2.36% to Rs 364.25, after the company announced a 1:2 bonus along with strong set of Q4 March 2007 results. For Q4 March 2007, Moser Baer reported a surge in net profit to Rs 39.72 crore (Rs 0.35 crore). Net sales rose 3.5% to Rs 525 crore (Rs 507.49 crore). Meanwhile, Moser Baer’s board has also decided to raise funds for its expansion plan through debt or equity up to $150 million.
Adlabs Films rose 3.61% to Rs 445, after it entered into an agreement with Rave Entertainment for exhibition rights in seven multi-screen cinemas of north India, one of which is operational and six are coming up. The seven multi-screen cinemas will have 23 screens in aggregate.
Gateway Distriparks rose 2.80% to Rs 180, after it announced a surprise 1:4 bonus issue along with Q4 March 2007 results. It reported 12.9% growth in net profit in the March 2007 quarter at Rs 20.25 crore (Rs 17.94 crore). Net sales rose 18.6% to Rs 35.59 crore (Rs 30 crore).
Apollo Tyres edged up 1.01% to Rs 319, after the company’s board announced a generous 10-for-1 stock-split along with robust Q4 results. As many as 15,092 shares have changed hands in the counter on BSE. Apollo Tyres’ net profit surged 118.5% in Q4 March 2007 at Rs 42.72 crore (Rs 19.55 crore). Net sales rose 22% to Rs 910.21 crore (Rs 745.85 crore).
The Hang Seng Index was up 1.44%, while the Nikkei 225 Index rose 0.69%.
FIIs turned sellers in the last two trading sessions after the heavy inflows of the last few days. FIIs sold shares worth a net Rs 195 crore on Friday (27 April), the day when the Sensex had plunged 320 points. Their inflow has been robust this month. As per a provisional data, FIIs were net sellers to the tune of Rs 440.51 crore on Monday. Domestic institutional investors were net buyers to the tune of Rs 200.65 crore on Monday. The market was closed on Tuesday (1 May) and Wednesday (2 May) on account of public holidays.
The outcome of the ongoing seven-phased Uttar Pradesh assembly elections, is a key political event to watch out for. The assembly poll gets over early this month. The vote is seen as a barometer of national political trends. Some opinion polls show the opposition Bharatiya Janata Party (BJP) emerging second in the race, further adding to the woes of the ruling Congress, which is already battling rising prices.
US stocks rallied on Wednesday, as robust profits and a flurry of buyout offers powered the Dow Jones industrials to a record-high and the S&P 500 to its highest level in over six years. Shares of manufacturing companies that sell their products abroad, such as appliance maker Whirlpool Corp and lawn mower maker Toro Co., posted sharp gains after government data showed bigger-than-expected increases in US factory orders. The Dow Jones industrial average was up 75.74 points, or 0.58%, at 13,211.88. The Standard & Poor’s 500 Index was up 9.62 points, or 0.65%, at 1,495.92. The Nasdaq Composite Index was up 26.31 points, or 1.04%, at 2,557.84.
Oil prices clawed back up on Thursday, after US government data showed a build up in crude but a further fall in gasoline stocks ahead of peak summer demand. US crude rose 4 cents to $63.72, after a 72-cent drop a day earlier. London Brent crude gained 18 cents to $66.43 a barrel in the Asian session, after dropping 75 cents on Wednesday.
US crude oil inventories rose by 1.1 million barrels last week in government data on Wednesday, slightly above analyst forecasts, due in part to continued low demand from refiners amid a string of breakdowns.
Meanwhile, the Lok Sabha on Thursday approved in a voice vote the Budget for 2007/08. Earlier, Finance Minister Palaniappan Chidambaram changed duties on some items, including cement and iron ore, and announced other changes to proposals he first laid out in February.
intraday calls ....
plz hit all calls with your capacity .
datamtech-532528@53-54 target55-56-58 sl 51.85
moschip semi -532407@24-25 target 26-27.5-29 sl 22.35
orientinfo-531167@15-16 target-17-18 sl 14.25
blue star info-532346@144-145 target-149-152-155 sl142
follow strict sl and hit all the call with equal quantity and try to exit as fast as you can get the targets or below 10% of targets also .
datamtech-532528@53-54 target55-56-58 sl 51.85
moschip semi -532407@24-25 target 26-27.5-29 sl 22.35
orientinfo-531167@15-16 target-17-18 sl 14.25
blue star info-532346@144-145 target-149-152-155 sl142
follow strict sl and hit all the call with equal quantity and try to exit as fast as you can get the targets or below 10% of targets also .
intraday as well as short term call ...03.05.2007
buy jupitor bio sciences @cmp target 173-180
fsl@cmptarget-90-95-105.
this is call for short term as well intraday also so plz take quantity according to your portfolio size.
fsl@cmptarget-90-95-105.
this is call for short term as well intraday also so plz take quantity according to your portfolio size.
nifty outlook for 03.05.2007
as nifty hold the support of 4040 very well as all world market turns bullish ....as technicals also showing a bounce back in market so i am expecting for today 4125 is a crucial resistance levels for nifty today if it manages to cross then we can see upto 4145-4175.downside is limited of only 20-30 points but chances are very less.
as our last call on monday of 4100 call is still open ...b with it .
nifty res levels-4098-4125-4175
nifty suport levels-4063-4040- after that we can see a fall
as our last call on monday of 4100 call is still open ...b with it .
nifty res levels-4098-4125-4175
nifty suport levels-4063-4040- after that we can see a fall
Tuesday, May 1, 2007
penny stock calls.
do not buy in so huge quantity add just 10% of your portfolio size.
buy manali petrochemicals-500268-@10-11target16-18sl rs8.00
buy unimer india-524264@5-6 target 10.12 sl rs3.5
buy amar remidie 532664@35-36 target50-65 sl28.35
buy ascent exim-511750@5.2target10-11 sl3.8
just buy and forgot them for 3-6 months for decent gains.
buy manali petrochemicals-500268-@10-11target16-18sl rs8.00
buy unimer india-524264@5-6 target 10.12 sl rs3.5
buy amar remidie 532664@35-36 target50-65 sl28.35
buy ascent exim-511750@5.2target10-11 sl3.8
just buy and forgot them for 3-6 months for decent gains.
hi..
after a long time i am start continuing this blog due to my bad health i am unable to post the calls.hope you all enjoyed the trading.
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