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• Vol. I • Issue :13 • Date : 25-5-2008 to 31-5-2008 • Editor : Devlaxmi Joshi • Asso.Editor : Narendra Joshi • Mobile:9825065387 •
•• Address : 115/991, Nirmal Apartment, Telephone Exchange Road, Naranpura, Ahmedabad -380013 • Phone : 27451449 ••
INVESTMENT
GUIDE
12
ANTARYAMI
TECHNICAL
VIEW
2
SUMIT BILGAIYAN
PENIC &
PROFIT
3
NISHES JANI
Before expiry of F & O
MARKET MAY
VOLATILE IN NEXT WEEK
Last week market closed with
nagative note. In absence of any
major domestic trigger our market follows the global tune.
Quarter 4 results almost over and
be less or more in line with the
market expectation.
BSE
Sensex
slumped 785p30
points
to
16649.64 int he
week ended 23,
May 2008. The
Nifty declined
211.15 points to
4946.55 in the
week.
Forth coming inflaction datde
will be closely watched as it remains as a major worry and hindrance for the domestic growth.
High inflection may complet the
Gvoernment to take more fiscal
BEARS MAKE MERRY AS
BULLS BLEED – 24/05/2008.
NIFTY TARGET 4788-4561.
ONE SIDED MATCH.
Bears stamped their authority
over the bulls this week in what
can be best described as a one
sided wrestling match. The
Bears never loosened their grip
over the bulls and made the
bulls pay for every small rally
they enjoyed. The Bulls were
bleeding throughout the week
as there was no respite from the
unrelenting assault from the
bears. But the most fearful part
is that this is not the end of the
match and it seems that the
bears will take a heavy toll on
the index as it sights 4788 and
4561 as their next targets.
CRUDE PRICES TAKES ITS
TOLL.
measures to rein in prices in addition to slew of measures taken
recently. Inflaction based on the
wholesale price index rost 7.82
in the yerar through 10 May,
2008, marginally lower than
7.83 % rise in the previous weak,
Agreegate results of 1886
compinies
showed 18.70 %
rise in net prifit on 22.60
% rise in net sales in Quarter
March 2008, over Quarter 4
March, 2007, so far. There was
Continue on ...3
an artificial cover. Once we accept the reality, which I fear is
taking too long a time, these
companies will be bankrupt and
then the inflation can rise to over
12 to 13%. Even a Rs.5 hike in
petrol and diesel has the power
to push the inflation into the
double digits.
MARKET MAY
FALL BE CAUTIONS
The last week was not good
for the market. The inflation
rate refuses to come down
and the government seems
to have lost all will to fight
it. The
crude oil
prices in
international
market
a r e
crossing
new highs almost every day and have rushed up
from $100 to %135 in no
time. Now $150-200 seems
to be a realistic target.
In this scenario, the market
did not perform well last
week. On Friday the market
rise in front of them and still not
being able to do anything. Government must now be ready for
an election anytime soon as this
government won’t be able to survive for long in this rising inflation scenario. Voting public is
never kind to such governments.
Bears were ably assisted in this
onslaught by the CRUDE bulls,
EARNINGS TO SUFFER.
which were pushing up the
prices of the crude to unimagin- GET READY FOR ELECThe profitability of the compaable levels. The prices of the TION.
nies will be affected,
crude were pushed to as high as
if there is any surRising
crude
$136 per barrel. This has led the
prise rate hike. The
prices
can
push
HPCLs and BPCLs of this world
earnings momento almost the brink of banktum has already
ruptcy. The rising crude
-SHOBHA
showed signs of
prices will make these Email :
slowing down, as
companies
bankrupt
was evident by the
[email protected]
sooner rather than later,
what with the losses per li- SHAHENSHAH OF FINANCIAL JUNGLE quarterly results that
were declared. Earntre on petrol above Rs.17,
ings will have to sufinflation
into
a
new
orbit,
which
and on diesel above Rs. 27. This
fer
and
this
will certainly not
can
take
its
toll
on
the
governis unimaginable. These compahold
any
good
omen for the
ment.
The
government
will
be
nies are bearing the brunt of rismarket.
helpless
as
it
watches
inflation
ing prices and providing us with
fell significantly after holding up for some time and
after the Indian market
closed, Dow Jones also
went into
negative
territory
and closed
down 145
points.
The market
is likely to
m o v e
down on
Monday but may recover
mid week. The overall economic scenario was not
very encouraging and so investors should keep away
from fresh buying in the
next few days.
SENSEX & NIFTY.
Sensex and Nifty both were just
breathing down the neck of
200dma at the end of last week.
But they could not even get
close, forget crossing that. Interestingly both Sensex and
Nifty broke important
trendline supports and closed
way below them. They are now
on their way to test previous
bottoms of 16546 and 4913.
This accompanied by the
50dma which is at 16365 for
the Sensex and 4907 for the
Nifty, may provide a semblance of support, only to be
broken later. Sensex will now
head towards 16567-1620615845-15460. Nifty is headed
towards 4883-4785-4561.
Nifty has given a
Head and Shoulders breakout
and this will have bearish imContinue on ...4
25-5-2008 to 31-5-2008
2
Sumit bilgaiyan is technical &
fundamental analyst. He has vast experience in
the stock market last 6 years.He is regularly
writing article and daily columns in Leading
News papers in Gujarat. He also does PORTFOLIO ADVISORY SERVICES.
E-mail: [email protected]
Mobile-+91 09755261070
Once again market goes in negative direction
Once again market goes in negative direction in last week we see
a heavy downward fall in market rising in inflation pulls the
market in down ward side in last
week also rising in crude oil
price are also give the bad effect
for market and expected this
type of downward fall continue
in coming week on weekly basis Sensex own nearly 785
points and closes at 16649 and
TERRORIST ATTACKS BY BEARS.
Fire in crude oil price, fear of high inflation ratio and slow down in growth, pull down market
lower
FINALY BEARS WIN THE BETTLAL
INDICES KA SAFAR NAMMA ………
The key benchmark indices suffered losses in
the week ended Friday, 23 May 2008 following
concerns that soaring global crude oil prices that
struck record high of over $135 barrel and spiraling inflation will impact growth.
The BSE Sensex slumped 785.30 points or
4.50% to 16,649.64 in the week ended Friday,
23 May 2008. The S&P CNX Nifty declined
211.15 points or 4.09% to 4,946.55in the week.
STARS
OF
TOMMORWS:
The BSE Mid-Cap index fell 192.59 points or
2.77% at 6,937.11 in the week. The BSE SmallCap index rose shed 102.83 points or 1.19% at
8,517.43. Both these
indices outperformed
the Sensex. We will see
fast and horizontal new
bull run in madcap and
small cap stocks in future. Witch pattern will
be on 85-90 degree like
khaddi tejji in august
September
FIRANGI YO KI GATTI
VIDDHI (FII'S ACTIVITY)
Foreign institutional
investors (FII) sold shares worth Rs 1224.1 crore
in this month, till 23 May 2008. They sold shares
worth Rs 11582.1 crore in calendar year 2008,
till 23 May 2008. Domestic funds sold shares
worth Rupees 750.03 corer this month, till 23
May 2008. Mutual funds were net sellers of
shares worth Rs 750.03 corer in this month, till
23 May 2008.
Our market's remained closed on Monday, 19
May 2008, on account of Buddha Purnima.
FEAR FACTRE: Tuesday, 20 May 2008. The 30-share BSE
Sensex lost 204.76 points or 1.17% at 17,230.18
and the broader based S&P CNX Nifty was down
52.75 points or 1.02% at 5,104.95, on that day.
BRITHING ON VENTILETOR: However the 30-share BSE Sensex rose 12.98
points or 0.08% at 17,243.16 and the broader
based S&P CNX Nifty gained 12.7 points or
0.25% at 5,117.65, on Wednesday, 21 May
2008, due to short covering at lower levels
FERTHER BEARS ATTACT: Thursday, 22 May 2008. The 30-share BSE Sensex
lost 336.05 points or 1.95% at 16,907.11 and the
broader based S&P CNX Nifty was down 92.2 points
or 1.8% at 5,025.45 on that day.
FINALLY BEARS WIN THE BETTAL: On Friday, 23 May 2008, the 30-share BSE Sensex
settled 257.47 points or 1.52% lower at 16,649.64
and the broader based S&P CNX Nifty declined 78.9
points or 1.57% at 4,946.55
Oil and Natural Gas Corporation (ONGC) shed
5.14% to Rs 902.05 in the week.
Maruti Suzuki India was down 3.52% to Rs 790.15
in the week.
Larsen & Toubro declined 5.06% to Rs 2,844.75
in the week.
HDFC Bank, declined 7.92% to Rs 1,383.35 in the
week. The Reserve Bank of India has approved the
scheme of amalgamation of Centurion
Bank of Punjab with HDFC Bank. The
scheme of amalgamation will come into
effect from 23 May 2008.
Tata Consultancy Services (TCS) shed
4.35% to Rs 933.70 in the week.
Inflation based on the whole price index rose 7.82% in the year through 10
May 2008, marginally lower than
7.83% rise in the previous week, government data released on 23 May 2008,
showed. Meanwhile, inflation for the
year through 15 March 2008 was revised
upwards to 8.02% compared to provisional figure of 6.68%.
Meanwhile the Securities Exchange Board of India
(Sebi) plans to keep in abeyance the imposition of
upfront margins for institutional trades in the cash
market. Securities & Exchange Board of India (Sebi)
had earlier asked institutional investors to pay
upfront margins from 16 June 2008. In the light of
difficulties expressed by the market participants
regarding implementation of upfront margining of
institutional trades in the cash market, it has been
decided to keep the same in abeyance, Sebi said in
a circular issued to stock exchanges.
On Wednesday, 21 May 2008, the US Federal Reserve cut its 2008 US economic growth forecast and
signaled that mounting concerns over inflation
would make further interest rate cuts unlikely, driving the three major US indexes down over 1.5%.
Oil prices surged to a record high above $135 per
barrel on Thursday, 22 May 2008, stoking fears of
global inflation. Ease $131.81
BEARS TERRORIST ACTVITY WILL CONTINUE IN COMING WEEK
BEARS TERRORIST ACTVITY WILL CONTINUE IN COMING WEEK
Futures & options expiry to dictate trend, Then
Global cues will decide Trend
In short our market turned bearish: The market is likely to dance to global tunes in
absence of any near term major domestic trigger with Q4 March 2008 results almost over.
Expiry of May 2008 futures & options series
on Thursday, 29 May 2008 will keep the market volatile. As per reports, rollover of Nifty
positions from May 2008 series to June 2008
series stood at 27.50%, as on 23 May 2008. We
believe that long traders will not benefit in this
market also short sellers will trapped by market operators. So we advise those who have particular stock
they can hedge it or temporary exit from front line
stocks and be ENTERED after market settle down.
Technical level's for indices :BSE CLOSE (16649.64)
RESISTANCE LEVELS FOR WEEK :(1)16861.48, (2) 17103.21, (3) 17161.76.
If able close above 17690. Then bull can survive in
market, Chances are less little.
SUPPORTS LEVELS FOR WEEK :(1) 16260.98, (2) 16036.17, (3) 15803.56. bright
chances to test 3rd support in coming week.
Continue on ...7
on weekly basis nifty down
nearly 211 points and closes at
4946 on weekly basis we see a
very bad market in last we also
see a selling pressure coming in
BSE MIDCAP INDEX on
weekly basis BSE MIDCAP INDEX down nearly 192 points
and closes at 6937 and on
weekly basis BSE SMALLCAP
INDEX rose nearly 102 point and
closes at 8517 on a week start
on Tuesday we see a heavy down
ward fall sensex lost nearly 204
points and closes at 17230 and
nifty down nearly 52 point and
closes on Tuesday at 5104 on
Wednesday we again see a volatile but at the end sensex closes
flat on Wednesday sensex up
nearly 12 point and nifty up
nearly 12 point taking cues from
weak global market and sharply
rise in crude oil prices on Thursday we again see a heavy fall in
market and sensex down nearly
336 point and nifty down nearly
92 point on Friday sensex down
nearly 257 point and nifty down
nearly 78 point for coming week
market is again high volatile
important support for sensex is
16200 below this level next target for sensex Is at 15900 and
for coming week important resistance for sensex is at 17000
above this level expected some
recovery in market is volatile for
coming week .
MARKET TREND FOR
THIS WEEK
pected again some recovery for
this week market is volatile.
For this sensex resistance is at
16720—16885—16920 above
this above this level next resistance is at 17000 in down side
support is at 16540—16465—
16240 below this level next
support is at 16200 Market is
volatile for this week.
For this week nifty resistance is
at 4980—5050—5140 above
this level next level next resistance is at 5220 in down side
support is at 4860—4790—
4660 below this level next support is at 4540 .market is volatile for this week.
STAR OF THE WEEK
Well pack pa— In positive market on Friday stock close with
positive notes with huge volume expansion also with big
gain in last week stock recovers
smartly from 45 levels and making new year high 67 on friday
it has has huge potentional to
go upto 78 in coming week buy
at current levels at 67 with a
upper target of 74 to 78 above
this level next target is at 80
stoploss 59 .Stock is also good
for short term investment
Aban off —Buy at current levels at 4130 with a upper target
of 4180 to4200 above 4200
Next target is 4250 with a
stoploss of 4020
Bhagyashree —The stock is
looking good for coming week
there is upside potentional till
around at 89 and very little
down side with a strong support
74 keep a tight stoploss of 75
and start covering at 88.
STOCK FOR THIS WEEK
BUY AT
TARGET STOPLOSS
Market is volatile for this week
if sensex break the important
support of 16200 then we see
again fall in market and for this
week important resistance is at
17000 above this level we exCOMPANY
Aban off
Bpcl
Vinati org
Mindtree
Adlabs
COMPANY
4130
2356
95
468
675
Eid parryRas pro lami
Facor alloyIndsil electro
Mro tek
4180
to 375
to 106
to 490
to 695
4040
340
86
450
650
F & O STOCK FOR THIS WEEK
BUY AT
TARGET STOPLOSS
Aban fut
Bpcl fut
United sprit fut
Great off fut
C O M PA N Y
366
102
479
690
4135
359
1621
678
4155 to 4180
365 to 372
1645
690
4050
344
1580
655
STOCK FOR SHORT TERM
BUYAT
TARGET
STOPLOSS
208
3
12
78
78
225 to 250
4 to 5
14 to 16
95 to 110
90 to 100
185
2
9
60
55
25-5-2008 to 31-5-2008
3
WEEKLY REPORT CARD
ONE YEAR TARGET FOR RUCHI SOYA IS RS. 180
[26th to 30th May 2008 ]
THE
HEIGHT OF POSSIBILITY!
Sensex-11192.46 which was in august We will give all stock recommendations
2006
Nifty future-3896.90 which was in April
2007
Mcx gold-8739 which was on august
2007
Us dollar-43.44 which was on April 2007
Mcx crude oil-3765 which was on February 2008
(Don’t panic on this, this is just result of
analysis and it may or may not possible)
Suggestions/query/
comment mails us
a
t
[email protected]
SENSEX-in the last
week report we
have given strong
support of 17323
and 17015 and
told that below that level index will slide
to 16804 and 16271 watch on Friday
index made low of 16626.
In the next few days index has two strong
supports of 16271 and 16100 closes below that levels index will slide to the
multiple support of 15298.
While on the upper side index has resistance at 16804 -17323 and strong resistance of 17515.
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GLOBAL MARKET TREND:
Dow Jones-index could not able to close
above our trend line
resistance of 13100
and now bleeding.
Currently index is
trading on the important support levels of
12489 if index now
give two closes below that levels then
expect panic sell off
on Dow index.
2391-2385.
Two closes above 2509 will create all
round buying.
The company is the highest exporter of
Oil meals from India with it’s export pres-
Nikkei-if index gives two close below
13612 then will slide to fill the gap of
13222 and 13053 after filling two gap
index could not hold out then will slide
to 12779 that is strong gap support .
Itd cementaion
Saregama
Rico auto
Hang sang-strong resistance at 25308.
More then 2600 subscribers are getting
our free message about market and are
earning money if you want to join our
club then message from mobile
NASDAQ –if index
gives three close below 2439 then
panic sell off will
take to index to
While support at 23305 and 23098 close
below understand panic.
In the next few days index has strong
support of 4933 if index gives two close
below that level then it will slide to minor support of 4835 and then will slide
to multiple support of 4621.
The scrip’s recommend below are for
long term investments –the theory which
we are using is rarely used in India –
wait lets see the performance of this
theory from the last three months we are
recommending to buy mundra port from
the price of around 500-550 and our tgt
was 1085 and in this three month it rose
by 80% and ranbaxy was recommending from 350 and it rose by 60 %. And
calculate what the Indian market give
returns? Invest in dip –will give you batter returns.
TABLE OF IMORTANT LEVELS:
INDEX
Sensex
SUPPORT
16271
16100
15298
RESISTANCE
16804
17323
17515
nifty fu
4933
5015
4835/4621
5059/5194
STRATEGY –what was told in the last
week report “let the Dow to confirm its
move and what happen? Dow could not
cross our trend line resistance of 13100
and it is bleeding day by day
Momentum indicators suggest that index
is in the hands of bears while on the long
term retracement on nifty fu taking support at 4933-again we have to look to
Dow Jones this index is on the important
support levels –so let first Dow to confirm where its wants to go till date we
will do only day trading –will not hold
overnight positions.
Ruchi Soya is one of the largest
agribusiness companies in India. Ruchi
is one of the largest producers and suppliers of vegetable oil and Soya food in
India. Ruchi is also the highest exporter
of soya meal and lecithin from India and
it’s brand Nutrela being the largest selling Soya food brand in the country.
Ruchi currently has capacities of 2 MTPA
of refining and over 2.6 MTPA of crushing spread over 12 strategic locations.
Ruchi Soya distribution reach covers
around 5,83,000 retail outlets which includes strong brand portfolio such as Nutrela,
Ruchi Gold, Ruchi Star,
Mahakosh, Sunrich. As
of Dec’ 07 edible oil accounts for 72% of the revenue, Followed by Soya
products 17% and
vanaspati 9%. Ruchi currently accounts for 19%
market share of edible oil
business in India. Currently branded portfolio accounts for 29%
of the business.
NIFTY FUTURE-our strong support is
giving support at 4933-again n again it
is taking support from this levels.
While on the upper side index has strong
resistance of 5015 -5059 and final resistance at 5194.
RUCHI SOYA
TECHNICAL + FUNDAMENTAL =
Scrip nameProjected target
Mundra port
1085
Adani enter
1030
Gremch infra
411
Ranbaxy
600
Aurbindo pharma 700
Arvind mills
127
Raymond
510
J p associates
421
Videocon ind
550
Mah seamless
521
Kirlosker ele
329
Bgr
725
Gei ind
127
Abg shipyard
871
Aban off
4382
Vimta lab
185
Unity infra
916
621
261
61
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JOIN FREE STOCK IDEA
AND SEND TO 567673434.
Market Summery
Conti. from ...1
28.10 % rise in net profit on 22 % rise in
net sales in the year ended March 2008
over year ended March 2007.
Rising inflation is cause of concern and
as Loksabha El;ection scheduled in coming year Govt. will not take any chance
to take inflation.
Crude oil is at all time high in $ 135 per
barrel.
ence in most of the south east Asian countries, Middle East and Europe.
POSITIVES
1) Ruchi has entered into national tieups with celebrated players like Pantaloon retail, Subhiksha, Reliance Retail,
Aditya Birla Group for sale of it’s product through the growing modern retail
outlet in India.
2) Soya being one of the best source of
Vitamins and Proteins, Ruchi is well positioned in growing wellness and health
food products. The company is planing
to introduce Soya based
flours like multi blend
flour and also 100% soya
flour. Ruchi is also diversifying into mustard
products.
3) The company recent
venture in to protein
drink N’rich is expected
to add on to the topline
going forward. Apart
from the branded products the company
is also a manufacturer for pantaloon’s
private label - Fresh and Pure.
buy at cmp with a long term target 180
ing purpose.
Siemens (586) : This stock has given very
positive close on Friday and any move
beyond 595, the stock will go up to 599
- 610
HPCL (242): On expect6ation of pricde
rise on petrol the scrip is very good pick
for short term this stock may flare up to
260.
GOA carbon : Being turn around in Q 4,
F Y 08, this stock may go up to 125 - 130
in short term.
Graphite : Given good breakout in last
week. The stock is close at 76. any break
ouer Rs. 79, takekl this scrip up to 85.
IFCI (60) : any decisevery closisng
above 64 will takel this scrip up to 7072.
Almost al companies have already published their Quarter and F Y 08, results.
There are many companies which have
gain more than 50 % in net profit as well
as sales. Apart from these so may
cfompanies have gained handsome profit
on QOQ in last several quarter.
Now at this stage it is very different to
curb inflation and amid of higher inflation, rising crude it is difficult to maintain 8% GDP.
Almost all companies have already published their Quarter 4 and F.Y.08 results.
There are many companies which have
gain more than 50 percent in net profit as
well as sales.Apart from these so many
companies have gained handsome profit
on Quarter in last several Quarter.
Amid of volatile session inthe coming
week, watch the following scrip for trad-
Earn Rs. 2000 to
20,000 daily from
Share Market
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(M) 9825674668
Khodiyar
Investment
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25-5-2008 to 31-5-2008
4
Lion’s Roar Conti. from ...1
plications. The targets for this breakout are 4888 and 4561. Sensex
too has formed such a pattern and the targets are 16200 and 15460.
Nifty Strikes of 5100 and 5200 has seen lot of call writing. These
levels will be difficult to cross in the
coming days. The
put writers are now
jittery as there was
reduction in open
interest in the
Strike of 4900.
4900 Puts have
seen unwinding of
position indicating
that the market may not hold the support at 4900.
WHAT SHOULD THE INVESTORS & TRADERS DO?
Investors should wait for the market to crash and let the valuations
become attractive and mouthwatering to buy. Whereas, traders can
always look for shorting opportunities on every rise. Or even one
can buy PUTs of index or index heavy weights to take advantage of
the fall.
As a hedge one can go long on companies that may be benefited by
rising oil prices. One can consider Suzlon, which is in wind power
generation. Another sector that can be watched out for is Sugar.
Because fuel price hikes will be unable to keep pace with soaring
crude prices and as a result the ethanol mixing percentage in petrol
and diesel will have to be increased. Thus it will be good tiding for
the sugar companies.
STOCKS TO WATCH OUT FOR:
L&T (2843) has given negative bearish breakout, so SELL keeping a stoploss of 2900 for a target of 2757-2610.
UNITECH (268) has given negative breakout by closing below
the 50dma and is headed towards a target of 256-245. So SELL
keeping a stoploss of 278.
SHRIRAM TRANSPORT (337), has given a bullish breakout as it
has managed to close above 50dma and the indicators are showing continued momentum. SO BUY with a stop loss of 325 for a
target of 359-378.
We don't see any great value
bargains in the market currently.
The Sensex is likely to challenge the bottom of January
again. There are macroeconomic
concerns on inflation and rupee
front. Q2 results are likely to be
worse than expectations. Investors to look at sectors that will
benefit from the shift from road
to rail transport
The perfect storm since the last
four years has become the perfect nightmare. The global
macro economic picture has deteriorated significantly since
January. At best, we would test
the lows of the market and probably break it sometime in 2008.
Decisions to be made with the
economy in mind are being held
up because of an election that is
due perhaps in the next 6-8
months. It's hard to be optimistic at this point. The Federal
budget deficit is completely out
of whack and so is the inflation
and rupee. Therefore, the test
case for the markets would be
the Q1 results, which are due in
July sometimes, and the markets
will be disappointed with the
results.
The news flow through 2008
will have more negatives than
positives. The market bottoms
out much before the news flow
and probably we have seen the
worst in the first quarter. There
is some possibility that we might
test the lows. In general, we
would be trading above that
level on a whole. There will be
more stocks going down this
year compared to stocks that are
going up and there will be a
flight towards quality.
Both earnings and economic
momentum will be negative.
The GDP growth will flow down
to its sustainable level. It's been
a growing above trend. At the
current state of savings and infrastructure, the economy should
be growing anywhere around
7.5-8%. So, it will go to that
level. When it goes to that level,
it might also undershoot for
some time. Similarly, the corpo-
rate earnings sustainable level
is 15-20%, and it has been growing above that. It will go to that
band and there is
a possibility of
undershooting
for some time. So, both the corporate earnings and the economic growth momentum are
going to be negative.
We have had four years of a great
bull run. Most analysts and investors are looking and driving
by the rear view mirror and not
looking ahead. While bull markets know no top, bear markets
know no bottoms. There are a
lot of access valuations still.
Even if you knock the index
down to 16,000, and 4800 on
the Nifty, which is the often
talked about figures, and if some
calculation is done for time sales
of the companies going forward
or the PE ratio's of some of the A
group companies, we can see
that they are great value bargains for investors around.
Both inflation and interest rates
have a scope of moving up from
current levels. It's definitely going to be an issue in the immediate future. The best way to
play that is by being in companies which have a strong pricing power. So, they will be able
to pass on the inflation and inputs to the customers.
Oil is permanently going to get
a higher plateau. There will be
whole new generation of innovation coming on and in the
meantime, the market will have
to trade water. It's hard to be too
optimistic in the face of this.
There are always bargains available in the market. A lot of the
midcap stocks look fairly okay.
But, there are no expectations
of 25% earnings compounded in
them for the next five years. The
results should be lumpier than
linear and as a patient investor,
I will hold on to it.
Buy Good Mid cap having values. Avoid Large Caps don't buy
SBI, LT
& SELL Entire Old economy
stock everything will go like
water very soon.
Buy Pharma as well as Media
sector. Both these sector will not
have any bad impact of High oil
Price.
Market talk
Video software startup Movico
Technologies has announced its
partnership with Moving Picture Company (India) Ltd.
wherein for the first time in India an entire library of rare archival footage will be digitized
and jointly promoted and sold
globally, through Movico's new
video aggregation website.
Indian content is in great demand world over and this partnership with MPC will make
available rare Indian stock footage globally. This market is
growing exponentially and according to BBC Worldwide, is
currently estimated at US$300
LUPIN (683), has given a flag breakout and is on the way to achieve
target of 745-767. Keep a Stop Loss of 650 and go long. Targets
seem achievable as it is a negative beta stock.
million and poised to grow to
$1 billion by 2010.
Moving Picture's exclusive and
priceless video footage, exceeding 12,000, hours includes
travel destinations, exotic locations, major political events,
profiles of Bollywood stars, celebrities, music performances
and unique stock footage from
all over India, Afghanistan and
Bhutan. It also includes fiction
programs and original animation footage.
Movico will undertake the digitization, classification and
Continue on ....5
ATTENTION
The material contained in the
Economic Revolution is based on
Fundamental and Technical analysis & other scientific methods and
also the knowledge and belief of author. Error can not to be rulled out.
The information given is of advisory
nature only. The Editor, the Publisher and the Author does not take
any consequences arising out of it.
All rights reserved. Reproducing to
whole or in part of any matter including featurs without permision is
not permitted. Letgal jurisdiction is
Ahmedabad only.
The material given in the Economic Revolution is the views of
author only, it not means that Editor
is agree with it, so Editor, the Publisher and the printer is not
resposible for the contains in writers article.
Devlaxmi Joshi
Editor,
The Economic Revolution.
25-5-2008 to 31-5-2008
5
Stock Market is Moving Up/Down and is very volatile, lot of investors have lost
confidence and are not able to decide i.e What to buy or Sell.
Major question arises in the investor mind is that wether the
market has bottomed out. Investors should be stock specific and
invest in companies with good
future.
has Book Value at Rs 21 and
EPS of only Rs 0.50 is quoted at
Rs 47 while FACT a loss making company is quoted at Rs 33.
Madras Fertilsers which has
Negative Book
and huge accumu-
We have this week two best
picks for medium to long term,
Investor can buy this stock for
fantastic returns.
After Heidelberg takeover
of Mysore cement, it has
started delivering fantastic
result. For year ending
Dec,2007 it has shown a
sales of Rs 594 Crore with
a net profit at Rs 97.6 Crore
which translates a EPS of
Rs 6.52 with a Book Value
at Rs 20.53.
Mangalore Chemical and
Fertilisers Ltd (MCF) : BSE
Code: 530011
CMP: 26
This is one of oldest fertilizers
company (40 Years) in India
having a turnover at
Rs 1622 Crore and equity at lated losses is quoted at Rs 14.
Only Rs 118 crore and net profit Another well know company
for financial year
SPIC which has loss more than
Rs 200 crore and have negative
2007-8 declared is at Rs 40 book value is quoted at Rs 26.
Crore.
So there is no reason that diviFertiliser Industry play an impor- dend paying Mangalore Chemitant role in our economy and it cal and Fertilisers Ltd to quote
will always remain a important at Rs 26 when it is far superior
sector in any Government. than its peer companies.
Fertiliser is being given importance due to high commodities Monsoon Season to start from
prices, there is more focus on Ag- June and MCF give a tremenriculture to improve per hectare dous opportunity to multiply
yield
your money also there is some
news buzz coming out for land
Mangalore Chemical and bank which it owns.
Fertilisers Ltd (MCF) is a UB
Group company, this group has Buy this stock at CMP of Rs 26
major interest in Liquor Busi- for couple of month and get
ness, Airline Business and Food 100% return.
Products.
Mysore Cement Ltd BSE Code
MCF is a dividend paying com- : 500292 CMP : Rs 37.50.
pany, last year company has
paid dividend at 6 percent which Initially promoted by Birlas,
would be further increased for this company ran into rough
wether and started making huge
2007-8.
losses, finally it was sold to GerMCF is generating fantastic re- man Multinational company
sult for last 2 years, current year Heidelberg Cement Group.
EPS stand at Rs 3.45 while Book
Value is at Rs 24.75.Fertilisers Heidelberg Cement is the gloCompanies has PE Ratio of 15- bal market leader in aggregates
20 which means that MCF and a prominent player in the
should command a price of Rs fields of cement, concrete and
other downstream activities,
45-55.
making it one of the world’s
In Fertilisers Sectors, companies largest manufacturers of buildlike Nagarjuna Fertilisers which
Jaipur Development Authority,
Primery Market
Kidco and New Mangalore Port
Conti. from ...6
Trust. Its present areas of operamore complex projects. It will tions are road construction and
leverage its strength in Road other infrastructure related
Construction to bid for projects works including providing EPC
on BOOT and BOT basis which services. The Company’s total
will enhance the core compe- turnover for FY2008 was Rs
tence of the company.
92.86 crores and PAT at Rs 6.52
Niraj is catering to road projects crores.
and has capability to execute
various road construction
projects . Its major clients include Orissa Work Govt. Dept,
Indore Development Authority,
ing materials. The company
employs some 68,000 people at
2,800 locations in around 50
countries. It had a consolidated
turnover of EUR 11 billion in
2007 (INR Rs 60,000 Crore
approx).
The list of projects completed
by company: Worli Bandra Sea
Link Package-III – Construction
of solid approach road from end
Recently Mysore Cement
Ltd is going to merge
Indorama Cement with itself,
Indorama Cement which is going to be merged with Mysore
Cement would add further sales
to the company and sales may
cross Rs 1000 crore by next financial year.
Heidelberg Cement being world
leading cement product manufacturer is gaining good ground
in India and various expansion
which are undergoing would
help Mysore Cement to increase
sales.
Last year open offer was given
by Heidelberg at Rs 58, now
they have appointed various
agencies to explore the options
available to the Company to enhance the shareholders’ value.
If Indian infrastructure is to
move fast then cement companies like Mysore Cement would
take advantage and will have
better sales realization in coming years.
Cement companies has PE Ratio of 12-15 and if we calculate
Mysore Cement Ltd EPS of Rs 6
then it should quote at a decent
price of Rs 70-80 which means
nearly double from current price
of Rs 37.
Buy with a short term target of
Rs 55 and six month target of
Rs 70..
of improved Mahim flyover upto
start of toll plaza area on Bandra
side;
Construction of Apron Flooring
in connection with Construction
of Air India Hanger Project,
Mumbai;
Construction of Dry Lean Concrete & Pavement Quality with
Slip Form Paver at Part Kon to
Kalamboli;
Replacement of existing concrete pavement (apron) panels in
Market Talk
Conti. from ...4
repurposing of footage that will
allow Moving Picture Company
to easily access the video library
for its own production use as
well as to make select footage
available worldwide for sale, to
other content producers.
Movico has tied up with several
international stock footage
websites for cross-promotions;
with international producers for
stock footage consumption and
with content distribution platforms for global delivery.
Movico is investing more than
$1 million to create a sophisticated, tightly integrated, multipurpose video production, storage and broadcast management
system capable of handling enterprise class loads and intends
to raise over... US$5 million this
year to strengthen its portfolio
of product, service and aggregation targeted at the video content market, which in India itself, is estimated to grow to a significant US$30 billion by 2012,
according to the FICCI & PWC
Report 2008.
Buy Around Rs. 24.00 for one
to 2 year period for getting Rs.
100.00 Target.
ANIMATION MOVIE EKEH2
ALL SET TO RELEASE :
Bollywood wants a piece of the
animation pie and is moving
towards it full throttle. Pritish
Nandy is trying to revive old
films in a new format. PNC will
animate three of their full-scale
feature films including EK
Khiladi EK Haseena. These films
will be released not as a sequel
but as Version 2. The animation
part will be taken care of by US
based Motion Pixel Corporation. And with adult content
peppering these films, they
aren't bothered with calling
these flicks children's entertainment.
What attracted the biggest of
commercial entertainers to invest enormous time and money
front of Air India Hanger No. 1
& 2 at Old Airport;
Construction of New Fire Station
at Mumbai Airport Mumbai, SH
Rigid Pavement;
Execution of Track linking
works in between TomkaKeonjhar on E.C. Railway.
The Major Projects currently
under execution: Widening to
4/6 lanes and strengthening of
existing 2 lane carriageway of
NH-60 in the state of Orissa;
Widening and construction of
LBS Marg from Sion to
Kanjurmarg;
into this relatively new genre?
Says Pritish Nandy of PNC,
"We're so happy with the way
our first animated film EKEH2
has turned out that we've
planned to release six animation
flicks over the next three years.
We strongly believe that the
market for animated films is
huge. There are other players as
well but we are not looking at
kidding around with dogs and
cats and mice. We are looking
at serious films
The effects and the grandeur you
will see in EKEH 2.0 will be out
of this world. It looks like a $100
million Hollywood production."
we intend to take the old content and give it a new format,
voices, characters and repackage them. Apart from Ek Khiladi
Ek Hasina, we are also looking
at animating Sholay and
Howrah Bridge. The idea is to
look at fun commercial cinema
and create a new genre."
250 crore deal with SONY JAPAN FOR 3 Movie:
Pritish Nandy Communications
announced that it had signed a
three-movie deal with Sony Pictures, one of the world's leading
studios. This deal will see Sony
Pictures and Pritish Nandy Communications coming together to
co-produce three Indian films
that Sony Pictures will globally
distribute across all platforms.
The first of these three films,
Raghupati Raghav Raja Ram, is
scheduled to go on the floor
later this year while the other two
films are in discussion and will
be shortly finalised.
130 CRORE MOVIE KARNA
IN ENGLISH ALLS ET TO
ANNOUCE BY PNC WITH 3
MAJOR HOLLYWOOD STUDIO TIE UP.
Company all set to announce
restructuring business on 30
may 2008 Board meeting.3
movies all set to release in 4
months excluding EKEH 2.00.
Buy around 58.00 & forget for 2
years .wait watch it is going to
be Wipro of Media Sector.
Widening and construction of
LBS Marg from Kanjurmarg to
Mulund Check Naka;
Dam & Spilway under Tuirial
Hydro Electric Power Station
Project Mizoram;
Strengthening and Extension of
Container Yard at NMPT With
Paver Blocks;
Providing Heavy Duty Pavement in Mangalore;
Providing Paver Block Pavement at Main Gate, KK Gate and
Seamen’s Circle Junction in the
Wharf Area in Mangalore etc.
25-5-2008 to 31-5-2008
6
Bafna Pharmaceuticals Ltd
Public Issue of 64,00,000 equity
shares of Rs.10/- each at a price
of Rs.40/- per equity share (including share premium of Rs.30/
-per equity share) for cash aggregating Rs.25.60 Crores by Bafna
Pharmaceuticals Limited (Hereinafter Referred to as the “Issue”). The issue will constitute
40.05% of the post issue paidup capital of the company.The
issue price is 4 times of the face
value
manufacturing pharmaceutical
formulations of Betalactum and
Non Betalactum products. The
Company manufactures 126 forBAFNAPHARMACEUTICALSLTD.
mulations under
Issue Open: May 27, 2008 to May 30, 2008
various therapeutic segments, such
Issue Type: 100% Book Built Issue
(Initial
Public Offer IPO)
as anti-infective,
cholesterol lowerIssue Size
: equity - 64,00,000
ing agents, analIssue Size: Rs. 25.6 crores
Post issue paidup capital:-40.05
gesic and antiFace value of the shar: Rs.10
pyretic,
Offer price : Rs. 40 fix rate
antihelmintics,
Minimum Investment : 150 Share in in mul
appetite
tiples of 150 share
Maximum Subscription : Share 2400
stimulants,
Rs. 96,000
cough and
Promotors :
Bafna Mahaveer Chand
cold prepaParas Bafna, Navin Bafna
Registrar of the Issue : Cameo Corpo.Service
rations,
Ltd.
antiulcerants anti
diabetic, and vitaLead Managers: Keynote Corporate Services
mins. Bafna PharLtd. Ashika Capital Ltd.
maceuticals LimCheck drown “Name of the Bank A/c - Bafna ited has started its
Public Issue” For Retail Category
own manufacturWebsite: http://www.bafnapharma.com
ing unit in October 1984. It was
Objects of the issue :
converted into a
· Achieve the benefits of listing on the
Stock Exchanges.
Public Limited
· To part finance the cost of obtaining
Company in 28th
MHRA approval for Grantlyon unit.
March 1995 and
· To set up a Research & Development
unit at Grantlyon.
known as BAFNA
· To undertake Brand Building exercise
PHARMACEUin domestic & international markets.
TICALS LIM· To repay high cost debt.
ITED.
· To meet the working capital requirement.
· General corporate purposes.
The details are is in the statement.
Company’s Information
Bafna Pharmaceuticals Limited
is engaged in the business of
Bafna has obtained 336 product licenses and has 65 products
registered in various countries,
such as Srilanka, Ukraine, Ghana
and Lao. BAFNA PHARMACEUTICALS LIMITED had a
major break through by clinching the manufacturing contract
from M/s.Croslands Generic DiNiraj Cement Structurals Ltd
vision, which was subsequently Niraj Cement Structurals Lim- ment structurals also in addition
taken over by Ranbaxy. BAFNA ited, an engineering and con- to the construction activities at
was involved in the execution struction company focusing on its Navi Mumbai factory. Howof contract from 1994 to road construction development, ever, this business constitutes a
2001.The
present
marginal portion of
manufacturing faciliits gross revenue .at
ties of BAFNA is set up NIRAJCEMENTSTRUCTURALLTD.
present as the Comat Chennai.It has re- Issue Open: May 26, 2008 to May 30,
pany is focusing on its
cently acquired 2.65
2008
infrastructure conacres of factory land in
struction activity.
Grantylon Village, near Issue Type: 100% Book Built Issue
Niraj is currently ex(Initial Public Offer IPO)
Chennai to expand its operaecuting projects in
tions to regulated market like Issue Size
the State of Orissa,
:56.88 crores
US & UK and also to manufac- Post issue paidup capital:-17.5
Madhya Pradesh,
ture its own products.
Face value of the shar: Rs.10
Rajasthan
and
Offer price : Rs. 175-190 fix rate
Karnataka.
In 2006, Bafna has set up an Minimum Investment : 30 Share in in mul
tiples of 30 share
100%
EOU
unit
at
NCSL’s have a fleet of
Madhavaram for the produc- Maximum Subscription : Rs. 1,00,000
construction equipPromotors :
Vijaykumar Chopra
tion of tablets and capsule with
Gulshan Vijay Kumar Chopra
ment all of which they
a capacity of 6973.20 lacs and Registrar of the Issue : Intime Spectrum Regis
own directly or
try Ltd.
2462.40
through their joint
lacs.
ventures. As on date
Lead Managers: Allbank Finance Ltd.
T h e
the Company owns
u n i t Grading : Care has assigned “CARE IPO
Slipform Paver of
h a s GRADE 1” to the Issue.
Gomaco
USA,
been
Slipform Paver suitW H O Website: http://www.niraj.co.in
able for paving upto
G M P Objects of the issue :
16 mets of Gunteret &
certified and also ISO 9000 cer·
Achieve the benefits of listing on the
Zimmerman of USA.
tified. The products manufacStock Exchanges.
Transit Mixers of
·
Investment in capital equipment.
tured in this factory caters to
BNK Italy , Taurus
·
Funding long term working
the markets of Srilanka, Ghana
Tippers with HYVA
capital requirements.
and Ukraine. Bafna was in(Holland) hydraulic
·
To meet expenses of the Issue
volved in the execution of
·
General corporate purposes.
arrangements,
contracts for the generic diviCrusher 130M3/H
sion of M/s. Croslands from the
proposes to enter the capital Puzzolana, Batching Plant of
period 1994 to 2001. Bafna was
awarded the
WHO GMP
Niraj Cement Structurals Ltd’s financial information
certification
Particulars For the year/period ended (Rs. in lacs)
during the
year 1995.
31-Mar-07
31-Mar-06
31-Mar-05
31-Mar-04
Presently
around
57 Total Income
7,966.02
7,039.57
3,157.28
3,285.88
products of
637.53
779.49
160.11
253.51
the company Profit After Tax (PAT)
are registered
in Srilanka, 4
markets on 26th May 2008 with 160 cum/hr of Simem Italy, Dry
products in Ukraine, 1 product a public issue of 32,50,000 Eq- Lean concrete (DLC) paver of
in Ghana. The company re- uity shares of Rs 10 each through Ingersoll Rand, Switzerland
ceived the Best Supplier award 100% book building process. make, Motor graders of Volvo,
from the Srilankan Government The price band has been fixed at Earthmoving machineries of
during 2005.
Rs 175 to Rs 190 and the Issue L&T Komatsu, Volvo, Escorts
Bafna Pharmaceuticals Ltd’s financial information
For the year/period ended (Rs. in lacs)
Particulars
30-Jun-07 31-Mar-07 31-Mar-06 31-Mar-05 31-Mar-04
Total Income
Profit After Tax (PAT)
432.02
49.70
3861.96
104.23
Niraj Cement IPO opens May 26,
2136.47
92.27
2662.65
89.81
1521.33
44.51
closes on 30th May 2008. After
allowing for reservation of
3,25,000 Equity shares for eligible employees, the net issue
to the public will be 29,25,000
Equity shares. The Issue would
constitute 31.42% of the total
post issue paid-up equity capital
of
the
Company.
The details as per statements.
The present installed capacity of different categories of products manufactured
Company’s Information
by Bafna are:
Tablets
Installed capacity on one shift Installed capacity on one shift
basis Madhavaram unit
basis Madhavaram EOU unit
8344.30 lacs
6973.20 lacs
Capsules
2737.70 lacs
Products
Oral syrups 417600 Litres
2462.40 lacs
Installed capacity
on one shift basis
Grantlyon unit
7195.00 lacs
2250.00 lacs
-
-
The Company was incorporated
on April 1, 1998 as a private
company and it took over the
business of Niraj Cement
Structurals (partnership firm) in
December 1999, which was engaged in cement structural business since 1972. Niraj is carrying out the manufacturing of ce-
and many other machineries required for Construction and Infrastructure Projects for qualitative and quantitative output. All
the equipments are with computerized operation and maintenance.
The Company proposes to utilize the net proceeds of the Issue
to finance its plan for investment
in capital equipment on a recurring basis, fund long term working capital requirements for general corporate purposes. It intends to bid for road related infrastructure projects - leveraging
and building the specialization
and prequalification and thereby
participating in more states and
regions and gaining access to
Continue on ...5
25-5-2008 to 31-5-2008
Marvelous Reserch Conti. from ...2
NIFTY CLOSE (4946.55)
RESISTANCE FOR NIFTY IN COMING
WEEK:(1) 5026, (2) 5038.33, (3) 5093.11
SUPPORTS FOR COMING WEEK :(1) 4900.73, (2) 4652.03,(3) 4450,
FUTURE NIFTY CLOSE (4941.80)
LEVELS FOR NIFTY FUTURE IN COMING WEEK
RESISTANCE
(1) 5022.65-5027, (2) 5039.59, (3)
5107.92 ,
If able close above 5115 on Friday bull's
may re-active. Chances are rare.
supports for future nifty :(1) 4873.41, (2) 4648.05
NOTE :- CHANCES OF TEST ALL LAST
SUPPORT , SOME SAY'S BLOODY
MONDAY WE SAY BLOODY WEEK.
"PRAY GOOD" THEAT "KHWAJA
NAWAB GARIB" GIVE US ONE SCRIPT
LIKE ( K.N.G) IN OUR PORTFOLIO
THAT CAN SAVE OUR WEALTH.
INFLATION CONCERN :Forthcoming inflation data will be
closely watched as it remains as a major
worry and hindrance for the domestic
growth. High inflation may compel the
government to take more fiscal measures
to rein in prices in addition to slew of
measures taken recently. Thank GOD inflation under control, but difficult to
tackle long time. UPA MAY DIFFITE
ELECTION ON THIS POINT BUT WHO
WILL COME WILL RISE PETROLIUM
PRODUCT PRICE SUBSTANCIALY
LIKE GUJARAT GOVT. HAS RISE VAT
AND OTHER TAXES.HEAVYEST VAT
IN GUJRAT THEN NATION.
Foreign institutional investors (FII) sold
shares worth Rs 1124.1 crore in this
month, till 23 May 2008. They sold
shares worth Rs 11582.1 crore in calendar year 2008, till 23 May 2008. DII
TRADING ACTIVITY ON NSE AND
BSE IN CAPITAL MARKET SEGMENT
shares worth Rs 750.03 ON 23RD MAY
2008. Thus all BIG TICKETS were net
sellers. HOW AN INDIVIDUAL CAN BE
BULL IN THIS CONDITION.
Earnings downgrade amid rising input
and interest costs, high inflation and drying up of global liquidity due to credit
crisis remain major concern for the Indian stock market.
With parliamentary elections scheduled
next year (May 2009), the government
may leave no stone unturned in its attempt to tame inflation. This is bad news
for commodity shares from cement and
steel sector.
Meanwhile, as per a recent study by
CLSA, large amount of foreign currency
convertible bonds (FCCBs) issued by Indian companies are coming up for redemption in the next 18-24 months. After recent stock market volatility many
FCCBs are at risk of not converting i.e. if
the stock market remains subdued, it will
stop the bond holders from opting for an
equity conversion as it will be easier for
them to buy the stock from the open market instead of paying the agreed premium. This condition will ruine the Indian economy and stock market's. AKHIR
ME YAH TEJI UDHAR KE DOLLAR'S
SE HUI HAI NA KI KAMAI KE PAISE
SE. SOCHO JARA IF FII BHAGE GI TO
KYA HOGA YEH MARKET KA OR
DOLLAR KA , WE WARE ONLY SAYING THAT DOLLAR PRICE ARE BOTTOM OUT BEFORE SIX MONTH.
NOW WE SEE CRUDE PRICE MAY
NOT ABLE TO SUSTAINE ABOVE
$150.AT THIS POINT OTHER
7
CONTRIES WILL TEMPT SELL, ALSO
GOLD AND PROPERTY MARKET CAN
NOT SURVIVE SO LONG BULLISH.
TO ABB KYA KARE …..???
WE SEE TO MUTCH SOCIAL
IMMBALENCE, WHICH WILL BOOST
BUSINESS LIKE PERSONAL SECURITIES SERVICES AND ON OTHER
HAND KIDNAPING AND RANSOME.
UPA CLOSED DOOR'S FOR POOR AND
MIDDAL CLASS FOR HIGHER
STUDYES LIKE MEDICINE AND IIM
BY PRIVATISING AND FEE RISING .SO
THERE ONLY ONE BUSSINESS LEAVE
FOR COMMAN PEOPLE'S IS TO JOIN
POLITIC'S. WHERE ONE CAN GET
CHANCE
MAY
BE
COME
BILLIONIER. OVER NIGHT. GUJRAT
METRO'S EX MAYER BUNGLO
WORTH ONE CRORE AND SHIFT
FROM A CONDAM FLAT TO
BUNGLOW. THIS IS DEMOCRACY.
??? .
The structural growth drivers of the Indian economy remain intact - India's
economy is expected to witness a decentto-strong growth for a long period of time
due to favourable demographics. Acceleration in infrastructure creation will be
another driver of strong growth in India's
economy. (Ulips) and equity linked savings schemes (ELSS) of mutual funds,
stock-specific buying will continue depending on fundamentals of individual
stocks. Insurance firms are now a major
player in the Indian stock market given
the huge mop up in Ulips in recent years.
It was buying support from domestic
funds, which had aided the recent recovery on the bourses. AKHIR MAY SUB
TEJJI KE GHODE PUBLIC KE GHAR
ME HI PORA KHAYENGE. E.O. DIRECTLY OR INDIRECTLY THROUGH
MUTUAL FAND'S.
OH' GOD SAVE INDIAN COMMAN
PUBLIC.
Meanwhile, as per recent reports, ELSS
which offer tax benefit are catching the
fancy of small savers. ELSS funds saw
their collective assets jump more than
nine times to about Rs 16000 crore in
three years ending March 2008. In 2005
the investment limit eligible for income
tax breaks was raised ten times to Rs
1,00,000 rupees for ELSS funds. Systematic investment plan (SIP) are said to be
driving inflows into ELSS funds.
The key benchmark indices suffered
losses in the week ended Friday, 23 May
2008 following concerns that soaring
global crude oil prices which struck
record high of over $135 barrel and spiraling inflation will impact growth.
The BSE Sensex slumped 785.30 points
or 4.50% to 16,649.64 in the week ended
Friday, 23 May 2008. The S&P CNX Nifty
declined 211.15 points or 4.09% to
4,946.55in the week.
MARKET ACTIVITY REPORT FOR
23/05/2008 on NSE
The market edged higher in early trade
after Securities Exchange Board of India
on Thursday, 22 May 2008, said it had
kept in abeyance a decision to impose
upfront margins for institutional trades
in the cash market. A sharp drop in oil
prices from a record high also lifted market sentiment. Inflation for the week
ended May 10 stood at 7.82% Vs 7.83%.
Sustained selling pressure in index pivotal led the market extend losses in midafternoon trade. S&P CNX Nifty closed
at 4946.55 down by 78.90 points.
SOME SCRIPT'S FOR LONG TERM
INVESTOR'S: (1) McLeod Russell: - close price 102.5
Buy in every panic support's at (1) @ 99
(2) @ 95 (3)@ 88 .
88 IS STRONGEST SUPPORT .
TARGET'S. (1) 140-160. (2) 350-365
WITHIN 6 MONTHS TO TWO YEARS
THOUGH SO MANY STOCK'S CAN
DRIVE NORTH IN THIS BEAR MARKET. ONE CAN SURVIVE ONLY BY
INVESTING STOCK'S WHICH OUT
PERFORMING THE TREND. SOME
WISE PEOPLES SAY'S STAY ON CASH.
WHEN
BANK
INTREST AND
INFLATIOS RATIO
ARE
EQUEL
THEN IT IS NOT
WISE ADVICE.
ONE CAN TRADE
ACCORDING
TREND IS POSSCHEME 2: CASH ONLY
SIBLE IN STOCK
Period
Fees
you
your
MARKET ONLY.
Rs. Sav.Rs. saving % WETHER LONG
OR SHORT.
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25-5-2008 to 31-5-2008
8
Astro-technical view on world future market
(From 10 th March
2008 to 15 th march
2008)
Second week of March 2008
represents Figure ten (10) this
figure represent sun. As per astrology Sun belongs to fire and
Govt authorities .there fore future market will be base on news
and uncertainty .This week four
very important planets are
placed in KUMBH RASHI (Mer-
cury, Venus, Sun and Rahu) as
per past record whenever four
planets are placed in KUMBH
rashi This combinations create
lot uncertainty , confusions and
misunderstanding among political parties. This combinations of four planets are very important for India since Kumbh
Rashi represents 10th house of
Indian‘s horoscope as per astrology tenth house of horoscope
belongs to power, and authority
and ruling political party. Since
WEEKLY PREDICTION OF STOCK
MARKET FOR 26-05-08 to 30-05-08
During the week Sun will transit from Taurus, Moon from
Capricorn to Pisces, Mars from
Cancer, Mercury from Taurus,
Jupiter from Sagittarius, Venus
from Taurus, Saturn from Leo,
Rahu from Capricorn, Ketu
from Cancer, Harshal from
Aquarius, Neptune from Capricorn and Pluto from Sagittarius. Daily effect of above
planetary transit on stock market will be as follow:DATE
DAY
TREND OF MARKET
26.5.2008 Monday
Open with Flat trend, rise from
12.39p.m. Hotel- Motel, Jwellary and
Luxurious products will rise.
27.5.2008 Tuesday
Open with bear trend, flat from
14.05p.m. All sectors will steady.
28.5.2008 Wednesday
Open with bull trend, decline from
10.03a.m. To 12.11p.m. rise from
12.11p.m. To 14.50p.m. decline from
14.50p.m. Information Technology,
Telecommunication, Cinema, Auto
and Leather will decline.
29.5.2008 Thursday
Open with bull trend, decline from
10.04a.m. To 10.54a.m. rise from
10.54a.m. To 12.01p.m. decline from
12.01p.m. To 14.48p.m. rise from
14.48p.m. Banks, Paper, Information
Technology, Telecommunication,
Electric, Electronics, Aviation, Coal,
Glasses and Aluminum will rise.
30.5.2008 Friday
Bear Day. Sell on each jump. All
sectors will decline except HotelMotel, Beverages, Jwellary, and
Diamond.
DURING THE WEEK THE FOLLOWING SCRIPWILL RISE :ABB, ADANI EXPORT, APPOLOTYRE, ARVIND MILL, BAJAJ
HINDUSTAN, BHARATI TELE, BIOCON, CIPLA, ESSAR OIL,
GUJ NRE COKE, HFCL, HFCL,HUL,IFCI, I-FLEX,
I N F O S Y S , I S P A T , L A X M I
MACHINE,LICHOUSING,MARUTI,MRF, MRPL,NALCO, PENINSULA, POWERGRID, REL ENERGY, RIL, RPL, RNRL, RTS
POWER, SATYAM, SOBHA DEVELOPERS, WIPRO, YES
BANK.
DURING THE WEEK THE FOLLOWING SCRIP WILL DECLINE
ACC, ACTION CONSTRUCTION, AFTEK, BALAJI TELE,
ELECON,ESSAR OIL, GAIL, GNFC, PARSWANATH, PNB, PUNJ
LLOYD, REL. CAPITAL, REL. POWER.,TCS, TISCO.
at this time Sun is effected for small batched for investment. ogy, bullion (Gold and silver)
Rahu and seen by Saturn this From 13th march on ward some are expected to show volatility
combinations also lead misun- buying interest may develop at and weak movement during first
derstanding between political various levels by mutual funds, half of the week, expected tarparties. This confusion will be and investors in Indian and US get for Gold US $ 965, 960 , silcontinuing till end of this week. stock market. Investors may ver is also looking weak at the
As per astrology ruling party in keep eyes on Pharma, Oil and beginning of the week exIndia is not at danger at this Gas, FMCG, shipping, sector for pected levels US $ 20, and
month. Our advance predictions investment. Day trading with 19.88 . These levels should be
made in previous
considering supnews letter about
port levels also.
bullions, crude
Bullions may
oil, soyabeans,
bounce back
pepper have gone
from middle of
correct. Gold &
the week, resissilver have created
tance levels of
all time new highGold US $ 990
est record and
and US$ 997 durcame down suding this week.
denly around US$
17 dollars in middle of the
Pepper- Pepper is looking strong
week. Crude oil seen highest big volume is not advice this
this week In future and spot marprice in future market and sud- week
ket.
den fall from middle of the
week. As per our advance pre- Us stock market- Dow was Profit or Loss for You
dictions. Hope our all readers closed at 11893.69 levels .As
must have enjoyed our advance per Financial astrology this This week may bring fortunes for
predictions on world future mar- week may start with volatile and DHANU AND be careful Kumbh
ket. As per astro-technical cal- negative trend in US stock mar- Rashi this is base on moon sign
as per Indian asculations
trology.
this week is
Nifty Level
expected
TAKE A LOOK
full of volaNifty
support
levels:
(1)
4810
(2)
4900
(3)
5100
ON HOW THE
tility
in
PREDICTIONS
Nifty Resistance levels (1) 4700 (2) 4659 (3) 4550
world future
HAVE COME
market. This
Investors may trade in Nifty according to these levels
TRUE IN THE
week may
give final decisions of upward ket, expected support levels lev- LAST WEEK
or down ward trend in world els of Dow are 11780 and
STOCKS: Recommended last
stock market. Indian stock mar- 11680. From middle of the week
week as per our recommendaket important Nifty levels is strong bounce back is also extions in previous news letter
5100 resistance and 4550 is sup- pected strong resistance levels
whole week was full of volatilport levels.
ity, Investors who
if
nifty Recommended Stocks
trade with hedging
break 5100
must have enjoyed
levels then COMPANY NAME
TARGET BUY (with stop loss) big profit Our few
this will
recommended
Rs 510 Rs 400
gives up- Ranbaxy Laboratories Ltd.
stock also seen
ward trend
good movement in
Sesa Goa Ltd.
Rs3650 Rs 3350
5500 then
Indian stock mar5800 levels Jaiprakash Associates Ltd
Rs 250 Rs 185
ket.
in Indian
stock mar- Sun Pharmaceutical Indus. Ltd. Rs 1410 Rs 1240
COMMODITIES:
ket, within
30 days time frame and down are expected 12000 and 12200 Recommended last week
ward important levels are 4550 in the us stock market. This
if broken then free fall is ex- week Dow may again cross 1200 AS Per our recommendations in
pected around 500 to 800 points levels same trend may follow by previous news letter bullions
down ward corrections .within European and Asian market. (Gold and silver) have broken
all previous record and created
two weeks time . Stars say In- COMMODITIES
new historical highest levels in
dian stock market almost at the
end of confusions and uncer- Crude Oil: As per stars crude oil future and spot market. Crude
is expected to show volatile but oil and pepper also showed positainty by end of the week
upward trend this week. As per tive movement in world future
Stock marketastro-technical all previous market. From middle of the week
records may be again broken sudden vertical fall in bullion
As per astro-technical calculaand expected target of crude oil and crude oil were also seen in
tions this week is expected to during this week is US $ 107- world future market. Our Agro
open with volatile and weak 108 per barrel crude oil resis- commodity predictions also
movement. In world and Indian
tance levels is Us $ 108 and sup- gone correct.
stock market but good support
port levels is US$ 102 Investors
at lower levels also expected at
may trade base on these levels . Soya bean has seen vertical fall
middle of the week .first two
and pepper has been gone up in
days are good for investment in Bullion: As per financial astrol- world future market
25-5-2008 to 31-5-2008
9
GOOD
LONGTERM
BET
ADLABS FILMS
Adlabs is India's leading film-processing firm, with nearly 70% of the Hindimovies market, processing almost all of
top- and mid-budget films.
Adlabs set up India's first IMAX dome
theatre in 2001, and subsequently took
advantage of the tax exemptions for
multiplexes and the shift in consumer
preference towards watching movies in
a multiplex. It has embarked on a massive multiplex rampup plan. It currently
has 107 screens, spread over 24 cities,
and a capacity of 31,000+ seats. The
company aims to reach 315 screens and
nearly 100,000 seats by March 2009.
The expansion is being done through a
combination of long-term leases with
mall operators, acquisition of smaller
multiplex chains (Rave, 23 screens) and
conversion of existing single-screen
halls (100+ screens) to multiplexes.
Under the leasing model, Adlabs will
pay a fixed rent to owners, while booking revenue and profit/loss.
Adlabs also has 45 FM radio licences
and the company has already started
over 33 stations.
In FY07, Adlabs entered the film-production and distribution business. The
company is targeting production of six
GVK POWER
GVK Power & Infrastructure (GVK) is a
holding company of its infrastructure
business. The company has interest in
various types of Power Generation viz.,
Gas, Hydel and Thermal, Roads & Expressways, Airports, Aviation, Ports,
SEZ, etc. The company is a listed entity
which operates in the above said sectors through its Subsidiary / Associate
Companies.
GVK's portfolio of assets includes the
Mumbai International Airport, a toll
road, six power plants, one coal mine
and one Special Economic Zone. With
an increasing proportion of India's infrastructure capex now happening via
the Public/Private Sector Participation
route, the opportunity landscape for the
infrastructure developers is expanding.
GVKPIL looks well placed to capitalize
on this opportunity.
GVKPIL presently owns 53.96% stake
in GVK Industries, which operates the
216 MW gas based Jegurupaddu CCPP
I in AP and 220 MW Jegurupaddu CCPP
II which is ready for commercial operations. It also owns 51% in Gautami
Power, which is setting up a 464 MW
BSE Code : 532399
Current Price : Rs. 693.45
Equity : 23.06 Crore
to eight mid-to-high-budget movies annually. To minimise risk in this business,
Adlabs is working on a minimum collection basis through sale of rights, such as
satellite/overseas/music/DVD before release and has an experienced management team. In the film-distribution front,
Adlabs will release close to 20-25 movies each year, with significant presence
in distribution of Hollywood movies
(Spiderman 3 in 2007) in India, and Indian movies abroad.
Adlabs' aggressive growth in multiplexes
will dampen its near-term profitability.
Meanwhile, competition from other multiplex players is rising and costs, such as
rentals and power and fuel, are also impacting margins. The movie-production
and distribution business is also attracting a lot of players and this has raised the
cost of creative talent and finished content.
Sales and NP for year ended 06 - 07 were
331.6 Cr & 50.7 Cr. Sales and NP for latest Quarter 84.6 Cr & 20.5 Cr.
On YOY basis NP has increased by 71 %
Dividend during year ended 06 - 07 was
40 %
BSE Code : 532708
Current Price : Rs. 54.60
Equity : 140.58 Crore
CCPP Plant, which is also ready for commissioning. The commencement of operation of 220 MW Jegurupadu CCPP and
464 MW Gautami Power Project was delayed due to non availability of gas. The
road business of the company consists of
Jaipur-Kishangarh BOT road project, part
of Goldel Quadrilateral of NHAI. The
company in consortium with Airports
Company of South Africa and Bidvest
has been mandated to modernize
Chhatrapati Shivaji International Airport
at Mumbai. The company holds 74%
stake in the SPV formed for this purpose.
The proposed greenfield airport at Navi
Mumbai would come up by 2012 and
have a capacity to handle nearly 55mn
passengers annually. It is proposed to be
developed with 74% equity participation
by the private sector, and The Airports
Authority of India, the Government of
Maharashtra and CIDCO will hold the
remainder. GVK has the right to match
the highest bidder, provided it bids
within a 10% range of the highest bid.
Winning the Navi Mumbai Airport
would be vital for GVK since it would
remove any threat of competition for the
Mumbai traffic.
GVKPIL has increased its stake in the
following subsidiaries thus making all
of them as its wholly owned subsidiaries
effective Feb 1, '08. They are 1.Alaknanda Hydro Power Company Previous Holding: 99.97% - Current
Holding: 100%
2. GVK Power (Goindwal Sahib) - Previous Holding: 98.60% - Current Holding:
100%
3. GVK Coal (Tokisud) Company - Previous Holding: 99.00% - Current Holding: 100%
4. GVK Airport Developers - Previous
KENNA METAL INDIA
Kennametal India (KIL), part of
Kennametal Inc, USA is a pioneer in metal
cutting and forming business. It manufactures machine tools, hard metal &
hard metal products, engineered products
and mining compacts. The main user industries of its products are Automobiles,
Mining, Engineering, Defence, etc. Besides products, the company also provides total manufacturing solutions to
the customers.
The company caters to the needs of auto
and auto related industries, light and
general engineering industries etc., and
seeks to provide a competitive edge to
its customers through total manufacturing solutions.
Broadly, the business of company is
organised and managed in two segments
Hard metal & hard metal products and
Machine Tools. Apart from the above two
primary business segments, the secondary segmental reporting is on the basis of
the geographical locations of the customers, viz., domestic and international.
Good economic growth over the past few
years and lack of any major expansion in
most of the industries has lead to most of
the manufacturing sector working at near
full capacity utilisation. This has lead to
pick up in investment in fixed assets to
expand and modernise capacities to cater to future growth in demand. Notably,
Holding: 99.00% - Current Holding:
100%
5. Goriganga Hydro Power - Previous
Holding: 99.00% - Current Holding:
100%
6. GVK Aviation - Previous Holding:
99.50% - Current Holding: 100%
7. GVK Infratech - Previous Holding:
99.00% Current Holding: 100%.
Sales and NP for year ended 06 - 07 were
25.4Cr & 91.4 Cr. Sales and NP for latest
Quarter 15.5Cr & 42.7Cr.
On YOY basis NP has increased by 518%
& based on quarter latest its increased by
999%
BSE Code : 505890
Current Price : Rs. 277.00
Equity : 21.98 Crore
huge investment projects are lined up in
the mining, manufacturing and the infrastructure sector, which has lead to massive expansions by Steel companies, Indian Railways, Mining Equipment companies, Material handling equipment
companies, Cement companies, Sugar
companies, Paper companies, Continuous process industry companies, High
speed heavy duty turbines manufacturers (used in power plants) and Oilfield
companies.
The company is making a significant
progress in both the manufacturing and
non-manufacturing areas. Under this initiative, to enhance operational efficiency
and competitiveness, many improvement
projects were completed that helped improve productivity. The focused thrust
given to this initiative enabled the company to meet the customers' needs in a
more timely and efficient manner. Various medium and small operational improvement projects were carried out apart
from some major lean projects, which resulted in significant savings. The management is confodent that the company
should continue the good work that has
been done in the past on process improvements and cost reduction.
Sales and NP for year ended 06 - 07 were
353.4Cr & 42.2 Cr. Sales and NP for latest Quarter 93.8 Cr & 13.2 Cr.
On YOY basis NP has increased by 2 %
& based on quarter latest its increased by
65 %
25-5-2008 to 31-5-2008
10
Last week's recommendations ………HPCL, BPCL,
Harrison,Hind.Copper,Webel
SL, Hind.Oil and Jindal
Steel on heavy fireeeee &
hope everybody had enjoyed our these calls for
their handsome profitsss…..
At Lower Levels Buying may emerge…..
Stock specific upside movement likely…..
Hoping that all investors will be getting
benefits from these informations………..
Last week we had boldly told to you that
HPCL,BPCL will gain…….. Just look at
both….Both were on fire last
week……For Index we had clearly told
u that if crosses 17579 then it can touch
17675… Index has touched 17642….For
nifty fut if crosses 5210 then it can touch
5242…but nifty fut failed to crosses
5210……We had clearly given stoploss
of 17127 in index and 5037 in nifty
future……What happened after stoploss
hitsss…..or what happened after these
levels breaksssssss…….Index had
touched 16626.11 and nifty future had
4932.20………….
From stock future recommendation…..Air
Deccan had touched 144, Hind.Oil had
moved from 142 to 159, MRPL had
touched 94, Jindal Steel & Power had
moved 2400 to 2485………
From Delivery based recommendations… ASCL had moved from 47 to 61,
Nutraplus had moved from 13 to 16,
Hind.Copper had moved from 307 to 353,
Aptech had moved from 247 to 264,
Harrison had moved from 105 to
128,Webel SL had moved from 356 to
389……………….
FOR HOT & FREE INTRADAY/FUTURE/DELIVERY TIPS & CALLS ADD
OUR YAHOO ID THRU MESSANGER :
par_18_2000
PLEASE NOTE :
ONLY
ACTIVE
DAY
TRADERS,FUTURE TRADERS JOIN
OUR YAHOO ID AND ENJOY THE
Closing Price
16649.64
Support
16546
Stoploss
16397
Target 1
16739
Target 2
16864
Target 3
16983
Nifty Future’s Prediction for Week (26.05.08 To 30.05.08)
Index
Nifty
Closing Price
4941.80
Support
4917
Stoploss
4886
Target 1 Target 2 Target 3
4990
5037
5078
Nifty Future’s Hot Scripts for Week (26.05.08 To 30.05.08)
Sr.
No.
1
2
3
4
5
Company
Name
BPCL
Tata Commu.
Lakshmi Machine
Mcdowell-N
Bombay Dyeing
Closing
Price
360.15
502.75
1651.55
1619.90
987.10
Stoploss
Target 1
Target 2 Target 3
349
491
1623
1588
969
368
510
1690
1639
999
378
519
1729
1658
1018
1) ACC (667.45 ) :- In this scrip near
term support at 662 and buy with the
stop loss of 658 on the upper side first
target is 672 then Rs. 678 - 684 to
690.
387
531
1753
1679
1037
term support at 384 and buy
with the stop loss of 380 on
Sr.No.
1
2
3
4
5
Company Name
Mah.Seamless
Tulip IT
Cummins
Lupin
Gitanjali
Closing Price
332.40
961.20
291.45
684.30
307.35
3) RANBAXY ( 496.50 ) :- In this scrip
near term support at 492 and buy with
the stop loss of 487 on the upper side
first target is 502 then Rs. 506 - 511 to
516.
the upper side first target is 393 then Rs.
399 - 404 to 412.
4) IBULS ( 413.50 ) :- In this scrip near
term support at 409 and buy with the
stop loss of 403 on the upper side first
target is 418 then Rs. 424 - 433 to
440.
6) TELCO ( 637.85 ) :- In this scrip near
term support at 633 and buy with the
stop loss of 627 on the upper side first
target is 643 then Rs. 649 - 656 to
664.
5) GAIL ( 388.90 ) :- In this scrip near
7) INDIA INFO.( 811.35 ) :- In this scrip
If Nifty Fut Crosses 4990 then 5037,
5078, 5115….......If Breaks 4917 then
4886,
4868, 4833…
Stoploss
319
943
280
671
296
Target 1
343
978
299
696
318
Target 2
357
995
310
713
332
Target 3
366
1011
318
726
343
For Delivery Based Investment Hot Midcaps/
Smallcaps for Week (26.05.08 To 30.05.08)
Sr.
No.
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
Company
Name
Bluebird
Shalimar Paint
Tata Elxsi
Graphite
Tel Eighteen
Hindus. Copp.
Shriram Trans
Panasonic
Vakrangi
Aptech
KEW
PSL
Ind.Lease
Nicholas
Relaxo
Bse
Code
532781
509874
500408
509488
532299
513599
511218
508941
511431
532475
532758
526801
500202
500302
530517
Closing
Price
45.85
428.25
202.90
76.30
328.45
345.60
334.00
122.80
275.00
237.90
28.00
391.25
8.00
356.00
50.75
near term support at 806 and buy with
the stop loss of 802 on the upper side
first target is 818 then Rs. 823 - 830 to
837.
8) HDIL ( 758.20 ) :- In this scrip near
term support at 753 and buy with the
stop loss of 748 on the upper side first
target is 764 then Rs. 770 - 777 to
784.
2) RCOM ( 572.30 ):- In this scrip near
term support at 563 and buy with the
stop loss of 557 on the upper side first
target is 578 then Rs. 583 - 588 to
596 .
If Crosses 16739 then 16864, 16983,
17152…If Breaks 16546 then 16397,
16229, 16073…
Weekly Trading’s Hot Scripts for Week (26.05.08 To 30.05.08)
BSE Index Prediction for Week (26.05.08 To 30.05.08)
Index
BSE
HOTTEST INFORMATION ON VOLATILE INDIAN STOCK MARKET AND
RIPE HANDSOME PROFITS, CREATE
WEALTH…
9) REL ( 1330.80 ) :- In this scrip near
term support at 1324 and buy with the
stop loss of 1318 on the upper side first
target is 1338 then Rs. 1343 - 1354 to
1362
10) VSNL ( 503.80) :- In this scrip near
term support at 498 and buy with the
stop loss of 494 on the upper side first
target is 509 then Rs. 514 - 519 to 523
.
11) ABB. ( 1008.80 ) :- In this scrip near
term support at 1003 and buy with the
Target 1 Target 2 Target 3
49
437
213
81
336
373
350
129
283
253
30
399
13
367
55
55
449
222
86
350
394
359
138
295
269
33
407
16
378
61
60
458
235
92
364
421
368
147
303
284
36
420
20
389
65
stop loss of 997 on the upper side first
target is 1015 then Rs. 1022 - 1034 to
1048.
12)TATA POWER ( 1438.45 ) :- In this
scrip near term support at 1433 and buy
with the stop loss of 1427 on the upper
side first target is 1448 then Rs. 1457 1466 to 1475.
13) CAIRN ( 306.45 ) :- In this scrip near
term support at 303 and buy with the
stop loss of 299 on the upper side first
target is 311 then Rs. 315 - 320 to 326.
14) ADLAB ( 675.95) :- In this scrip
near term support at 671 and buy with
the stop loss of 666 on the upper side
first target is 682 then Rs. 694 - 702 to
718.
15) HDFC ( 2678.30 ) :- In this scrip
near term support at 2670 and buy with
the stop loss of 2663 on the upper side
first target is 2684 then Rs. 2693 2703 to 2714.
25-5-2008 to 31-5-2008
Madhav Ranade
(M) 09371002943 or
email :
[email protected]
You have seen the trading levels
last few weeks and how good they
worked …….. now I have given
the levels for a few stocks. Full
list covers about 60 stocks. These
levels will be available only to
my yahoo group paid members.
11
Trading levels for
26 th /30 th
May
2008 . . .
portant world indices. This should
give you some indication about the
shape of things to come.
This week is very crucial for DOW
in particular. We are taking directional cues from DOW. Any weakness will accentuate weakness in our
Position trading entry levels as market. We will review situation
well as stoplosses should be con- early next week.
sidered as triggered when the level
We must learn to trade lower volis consistently breached for a miniumes and corresponding volatility
mum period of 15/20 minutes.
associated with that. Like last week,
Also breaching of the level in the
I will advise to keep safe distance
opening / last 15 minutes of trade
from momentum stocks.
should not be considered at all.
Please call me if you have any
Today, I have given levels for 8
doubts or you need levels for some
stocks, 4 commodities and 5 imother stock. I am available on
09371002943
or
on
Stocks
[email protected]
Commodities
WEEKLY SUPPORT AND RESISTANCE LEVELS
ANURAG GUPTA
MOBILE : 9255191643
SYMBOL
NF APRIL
ADLAB FUTURE
ABB FUTURE
ACC FUTURE
BANKBARODA FUTURE
BEL FUTURE
BEML FUTURE
BHEL FUTURE
BOMDYEING FUTURE
BPCL FUTURE
CANBK FUTURE
CENTURYTEX FUTURE
CIPLA FUTURE
DABUR FUTURE
DIVISLAB FUTURE
DRREDDY FUTURE
GAIL FUTURE
GRASIM FUTURE
HCLTECH FUTURE
HDFC FUTURE
HDFCBANK FUTURE
HDIL FUTURE
HEROHONDA FUTURE
HINDUNILVR FUTURE
IDFC FUTURE
IDBI FUTURE
IFCI FUTURE
HINDPETRO FUTURE
I-FLEX FUTURE
ICICIBANK FUTURE
INDIACEM FUTURE
INFOSYSTCH FUTURE
IOC FUTURE
ITC FUTURE
IVRCLINFRA FUTURE
LT FUTURE
M&M FUTURE
MARUTI FUTURE
MTNL FUTURE
NDTV FUTURE
ONGC FUTURE
ORIENTBANK FUTURE
PARSVNATH FUTURE
PRAJIND FUTURE
PUNJLLOYD FUTURE
PATNI FUTURE
RANBAXY FUTURE
REL FUTURE
RELCAPITAL FUTURE
RELIANCE FUTURE
RNRL FUTURE
SATYAMCOMP FUTURE
SOBHA FUTURE
SBIN FUTURE
TATAMOTORS FUTURE
TATAPOWER FUTURE
TATATEA FUTURE
TCS FUTURE
TATASTEEL FUTURE
TITAN FUTURE
UNITECH FUTURE
TATACOM FUTURE
WIPRO FUTURE
ZEEL FUTURE
CLOSE
4941.80
676.45
1010.25
669.70
284.50
1238.80
1111.10
1747.05
987.15
360.15
225.25
778.45
203.85
94.90
1425.60
677.50
389.70
2286.45
291.30
2675.30
1381.10
758.03
788.75
235.95
155.95
95.10
60.90
242.90
1444.75
862.40
164.80
1803.15
419.85
212.60
413.15
2842.15
650.80
785.35
102.00
416.80
901.80
202.75
212.75
205.65
334.20
275.85
498.25
1290.30
1319.95
2561.60
106.25
482.55
538.05
1550.00
635.75
1444.65
894.70
935.70
899.30
1197.00
268.30
502.75
479.20
234.40
FROM 26 May TO 31 May 2008
Email : [email protected]
TREND
BEARISH
BEARISH
BEARISH
BEARISH
BEARISH
BEARISH
BEARISH
BEARISH
BULLISH
BULLISH
BEARISH
BEARISH
BEARISH
BEARISH
BEARISH
BULLISH
BEARISH
BEARISH
BEARISH
BEARISH
BEARISH
BEARISH
BEARISH
BEARISH
BEARISH
BEARISH
BEARISH
BEARISH
BULLISH
BEARISH
BEARISH
BEARISH
BULLISH
BEARISH
BEARISH
BEARISH
BEARISH
BEARISH
BEARISH
BULLISH
BEARISH
BEARISH
BEARISH
BULLISH
BEARISH
BEARISH
BEARISH
BEARISH
BEARISH
BEARISH
BEARISH
BEARISH
BEARISH
BEARISH
BEARISH
BEARISH
BEARISH
BEARISH
BULLISH
BEARISH
BEARISH
BEARISH
BEARISH
BEARISH
RES2
5220.73
759.78
1101.28
714.23
314.30
1298.60
1190.17
1841.02
1067.05
384.55
242.55
864.68
216.92
101.73
1545.97
734.43
415.23
2391.82
307.97
2883.70
1553.03
907.78
831.58
249.08
173.88
104.30
68.97
259.27
1620.18
966.20
181.03
1918.42
445.48
240.10
445.45
3113.12
681.47
928.12
108.20
428.47
969.03
215.08
234.25
263.05
364.67
294.18
521.35
1511.17
1470.32
2730.93
118.25
508.08
577.15
1723.33
716.48
1544.52
1001.33
1001.70
949.10
1308.87
294.60
529.52
510.83
244.03
RES1TREND LEVEL SUPP1
5081.27 5006.73 4867.27
718.12
695.18
653.52
1055.77 1025.98
980.47
691.97
679.73
657.47
299.40
290.95
276.05
1268.70 1250.10 1220.20
1150.63 1125.32 1085.78
1794.03 1753.02 1706.03
1027.10
997.95
958.00
372.35
355.20
343.00
233.90
229.05
220.40
821.57
796.78
753.67
210.38
205.82
199.28
98.32
96.48
93.07
1485.78 1436.72 1376.53
705.97
665.53
637.07
402.47
392.73
379.97
2339.13 2295.32 2242.63
299.63
293.57
285.23
2779.50 2693.80 2589.60
1467.07 1419.03 1333.07
832.90
793.13
718.25
810.17
788.58
767.17
242.52
237.33
230.77
164.92
159.73
150.77
99.70
97.20
92.60
64.93
62.57
58.53
251.08
241.82
233.63
1532.47 1457.28 1369.57
914.30
885.20
833.30
172.92
168.38
160.27
1860.78 1826.22 1768.58
432.67
416.08
403.27
226.35
218.30
204.55
429.30
419.85
403.70
2977.63 2903.32 2767.83
666.13
654.57
639.23
856.73
819.62
748.23
105.10
103.25
100.15
422.63
417.07
411.23
935.42
916.38
882.77
208.92
205.53
199.37
223.50
217.85
207.10
234.35
213.70
185.00
349.43
340.97
325.73
285.02
277.53
268.37
509.80
500.90
489.35
1400.73 1339.57 1229.13
1395.13 1354.57 1279.38
2646.27 2600.13 2515.47
112.25
108.90
102.90
495.32
487.23
474.47
557.60
545.90
526.35
1636.67 1588.33 1501.67
676.12
653.58
613.22
1494.58 1465.07 1415.13
948.02
911.68
858.37
968.70
949.85
916.85
924.20
906.10
881.20
1252.93 1208.97 1153.03
281.45
274.35
261.20
516.13
505.62
492.23
495.02
486.18
470.37
239.22
234.18
229.37
SUPP2
4792.73
630.58
950.68
645.23
267.60
1201.60
1060.47
1665.02
928.85
325.85
215.55
728.88
194.72
91.23
1327.47
596.63
370.23
2198.82
279.17
2503.90
1285.03
678.48
745.58
225.58
145.58
90.10
56.17
224.37
1294.38
804.20
155.73
1734.02
386.68
196.50
394.25
2693.52
627.67
711.12
98.30
405.67
863.73
195.98
201.45
164.35
317.27
260.88
480.45
1167.97
1238.82
2469.33
99.55
466.38
514.65
1453.33
590.68
1385.62
822.03
898.00
863.10
1109.07
254.10
481.72
461.53
224.33
PLEASE UNDERSTAND BEFORE YOU TRADE
TRADING GUIDELINES (or how to trade using this sheet):
World indices
Continue on ...8
1. This model is based on the premise that the TREND LEVEL is the most important price level that
decides the intraday trend. Much like how the door or a window hangs by a hinge and sways in the wind,
the intraday trend also hangs by this TREND LEVEL and swings because of the demand-supply,
volatility and market sentiments prevailing in the market. Hence its importance in intraday trading.
2. Opening Price is considered around close of previous day. Avoid BUYING if Prices open abnormally
High and Avoid SELLING if prices open too low.
3. If the market price is stable above the TREND LEVEL, then GO LONG. and book profit near the
resistant level (res1 and res2)
4. If the market price is stable below the TREND LEVEL, then GO SHORT. and book profit near
the support level (sup1 and sup2)
5. STOP LOSS: Since you are aware of the ‘potential returns’ at the time of initiating an intraday trade
(difference between the entry price and profit targets), you should set up an appropriate STOP LOSS
around 1% above below of the trade price to protect yourself if the market turns and goes against you.
6. ALTERNATE STRATEGY: If you have already initiated a trade with clear-cut profit targets and a
stop loss level, and find during the course of the trading day that the market turns and goes the other way
and crosses the TREND LEVEL, then trade again:
.For
instance, if your first trade was a LONG trade and the market price drops through the TREND LEVEL to
lower price levels, then GO SHORT.
.
And, if your first trade was a SHORT trade, and the market price rises through the TREND LEVEL to
higher price levels, then GO LONG.
25-5-2008 to 31-5-2008
12
INTRODUCTION :
Shri Antaryami is connected
with Stock Market since last
many years and giving right
guidance to many people
among the country and out
side the country also. He has
great experience and knowledge of the Stock Market and
he is counting as a leader analyst in Gujarat. He is connected with Stock Market research and it becomes his profession. Due to personal circumstances, he do not want to
share his introduction, but he
always remain well wisher of
small investors and thinks for
them and always catch the opportunity to guide them. It is
his pleasure to help and guide
small investors.
SENSEX – 16646 as on
23/5/08
MARKET MAY GET
SUPPORT AT LOWER LEVEL
levels are at 16450 levels; below 16325level, other support
levels are at16250levels. I am
negative for next week below16405 but be with the
trend. Let the market decide
further moves. As we are saying from many days Buying is
suggested in falls only... and
its still a better strategy in the
given scenario...Regarding
long term positions, it is preferable to remain cautious
now...!! If sensex crosses
17103 again then the upper side target is quite
high and it may touch
17500beforeMAY
2008!!!
Dear Friends,
Sensex has resistance
at16905Level with highly
Volatile Trend; above which
other resistance levels are at
17308 In downside support
One can go for buy at
those levels also, but in
absence of that its time to
book profits. This is a pessimistic outlook but that’s
the way we tend to be, in
DIAMOND STOCKS FOR THE WEEK
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
GOA CARBON : ( 111 ) : Buy at Rs109 levels considering minor support of Rs106 and
stoploss of Rs 102 for an upper target of Rs 128 levels. Below Rs. 102 it can slide upto RS
99 and RS 92 levels.
GRAPHITE : (76 ) : Operator based buying has been there in this stock. It is suggested to
buy at RS 72 with SL of RS 67 for the target of Rs 85; below RS 66it can fall up to RS63-60
levels. If it crosses Rs 82 level than expect non stop rally up to Rs 69
BLUE BIRD: (45 ) : This stock is looking very good to buy at Rs 42with SL of RS 39 for
the target of RS 58 levels below Rs. 38 stock shall witness free fall.
INDAG RUBBER : ( 76 ) : Buy delivery of this stock at current levels with SL of Rs 72 for
the target of Rs 88 level. It is very good for long term position also.
FUTURA POLY: (32) : Buy at Rs30with SL of Rs 28for the target of Rs 38 levels below
Rs.28it can show further fall.
INPETRO : (22 ) : Technically accumulation in this stock has been at these levels. Buy at
Rs 20 with SL of RS 17 for the target of RS 28 levels. It is very good for short to medium term.
PRICOL : ( 20 ) : Buy at Rs 18With SL of RS 15for the target of RS 27 level. It is very good
for medium to long term investment.
HEXAWARE TECH : ( 63) : Buy at Rs 60with SL of Rs28for the target of RS 78 levels.
It is very good for medium to long term investment.
INDIA GIYCOL : ( 343 ) : Buy at Rs 330 with SL of RS320for the target of RS 345-360
levels . It is very good for medium to long term investment.
MANALI PETRO ( 17 ) : Buy delivery of this stock at current levels with SL of Rs 14 for
the target of 23level. It is very good for long term position also.
tile Trend, In Downside support levels are at 4915 Levels;
below 4900 level, other support levels are at 4850 levels.
I am negative for next week
below 4900 but be with the
trend. Let the market decide
further moves. As we are saying from many days Buying is
suggested in falls only...and its
still a better strategy in the
given scenario...!!!
this market.
NIFTY FO – 4940 as on
.05 .2008
23
NIFTY FO has resistance at
4975 Level ; above which
other resistance levels are at
5019Level with highly Vola-
Regarding long term positions,
it is preferable to remain cautious now...!! If NIFTY
crosses 5019 Level, again then
the upper side target is quite
high and it may touch 5100
Level before MAY – 2008...!!!
Here is given Some GLODEN
STOCKS for the week
FUTURE-PLATINUM
1
2
3
4
5
SIEMENS: (587 ) : Buy at Rs 582 with SL of RS 875 for
the target of RS 610 level below Rs572 it can show further
downfall.
HPCL : ( 242) : Buy at Rs 238 With SL of RS 230 for the
target of RS 258 level below Rs229 it can show further
downfall up to Rs215.
IFCI : (60 ) : Buy at Rs 58 with SL of RS 57 for the target
of RS 61-68levels below Rs. 55 it can show further down
fall up to RS 52
REL. COMM.: (572) : Buy at Rs 565 with SL of RS 559
for the target of RS 590 levels below Rs. 555 it can show
further downfall up to Rs. 541
GREAT OFFSHORE : ( 754 ) : Buy at Rs740 with SL of
RS732for the target of RS 777 levels below Rs.730 it can
show further downfall.
SMALL SAVING STARS
1.
2.
3.
4.
5.
MYSAAR PAPER : ( 10 ) : Buy at 08 with SL of RS 06 for
the target of RS. 16 .
ZENITH BIRLA : ( 36 ) : It is suggested to buy with SL of
RS 32 for the target of RS. 46 below at RS 30 it can slip up
to RS 26 level. Crossover above Rs. 47evel will take the
stock to Rs 52
TOKYO PLAST : ( 11) : Buy at Rs.10 with SL of RS .08 for
the target of Rs.16 levels below Rs. 08 it can show further
downfall.
JAYSWAL NECO : (50) : Buy at Rs46with SL of RS45 for
the target of Rs 59 levels . It is very good for long term
position also.
SHASUN CHEM: (56 ) : Buy at Rs 52with SL of RS 48for
the target of Rs 64 levels below Rs.47 it can show further
fall.
Exit at every rise