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• Vol. I • Issue :16 • Date : 15-6-2008 to 21-6-2008 • 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
ASTRO
MONEY GURU
8
MAJOR AJAY JAIN
LONG TERM/INVESTORS
GLOBAL CUES DICTATE KEEP AWAY FROM THE
MARKET
NEAR TERM TREND
MARKET RECOVERED FROM LOWER LEVEL
The market moved both
ways last week. On Monday it fell sharply, almost
alarmingly, and after that it
stabilized on some firm
measures
by the
gove r n ment to
control
inflation. It seems that
the market may move
in narrow trading range of
first in4450-4650, and if it
stallment that
touches 4650,it may face
falls due on 15 June
strong resistance and may
2008,which will give a clue on
come down again to test the
expected Q1 June 2008 num4450 levels again.
FII s were net seller since JanuContinue on ...2
Higher inflation, soaring crude
prices and continuously heavy
selling by FII in Indian Market and weak global cues drag
equity market and extend
losses for fourth week in a
row. BSE & NSE Nifty both
lost nearly 2.5%
in the week ended
13
June
2008.Sensex
closed
at
15189.62 and
Nifty at 4517.10.
In the middle of
the week sensex
and
Nifty hit their lowest level of
the 2008, with sensex hitting a
low 14645.13 and Nifty
4369.80.
BEARS RULE SUPREME - 14/06/2008
Last week we were very clear
that the Bears would dominate
the markets and would continue to do so in the near foreseeable future. Our prediction
was very accurate, also the
Sensex took support just near
our support that we mentioned
at 14677 but not before just
making a new low of
14645and Nifty made a low of
4369.
the market. Even takeover of
Ranbaxy did not boost the market as a whole, but it did cheer
up the pharma sector.
Fear is ruling supreme; everywhere there are only negative
news flowing. Here one would
do well to remember the Great
In-
All negative forces
-SHOBHA
like rising Email :
crude price,
i n f l a t i o n [email protected]
rate, hardening inter- SHAHENSHAH OF FINANCIAL JUNGLE
est rate and
vestment Guru, Mr.Warren BufFII outflows combined their fet, who says that the best time
forces together to bring down
Continue on ...10
ary 2008, FII dumped shares
worth Rs. 5321.50 crores in
June 2008 till 11 June. In the
calendar year 2008 till 11 June
2008 they sold shares worth R.
20690.90 crores. Market men
will also watch corporate advance tax payments for the
Investors who have a long
term portfolio should try
and keep away from the
market for some time to
come as
in the
sentim e n t
driver
market
that is
there tod a y ,
some wrong decision may be taken. The traders can look into stock specific movements and can
take advantage of many opportunities that may arise
during the weak.
MARKET APPEARS BOTTOMED OUT –
BUT BOTTOM FISHING IS TILL AWAY
The fourth consecutive week of
downfall may be for a halt for
sometime as the crucial Nifty
level of 4500 and Sensex level
of 1500 have not been breached
in spite of the hike in Repo rate
by R B I on Thursday and seven
year high inflation published on
Friday. Both these are extremely
negative as increase in Repo rate
signals the fear Government has
about inflation going to double
digit and most banks under are
pressure to increase the interest
rate and deposit rate to maintain
the attractions. The official figures published by R B I indicates
that Banks have raised fresh deposits of Rs. 61507 crores during May while corresponding
lending is just Rs. 43,303 crores
leaving a surplus of Rs. 28000
cores on which interest has to
be paid. Thanks to high volatil-
ity and nervousness in Stock slacken the demand further and
Market which have forced Inves- hence it is very much unlikely
tors to park their that major banks would resort to
this action until the loan demand spurt post monsoon. But
with data t be released next Friday on inflation are creating
headache from now to the Govmoney
ernment as the increase in
a
t
Petrol, Diesel and LPG prices
safe
shall be reflected and blame
h a game numbers shall now be no
v e n
longer available to present ruli n ers. So far the statistics were in
stead
favour of NPA and against NDA
of risking it to a negative return. but with 8.75% inflation it has
crossed the boundaries beyond
Well most demand is from Oil and forth coming elections in
companies to buy crude from two states end this year includoverseas market due to spiraling ing Rajasthan would pause a
oil prices while the demand from greater challenge. The Gujjar
other sources are still very slack protest which has already made
according to SBI chairman Mr. both Centre and State pretty unO P Bhatt. Therefore any increase in interest rate shall only
Continue on ...8
15-6-2008 to 21-6-2008
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
Still Hanging Sword of
intrest rate hike
Market is in very crucial condition, heavy pressure of bad news
from all round makes it difficult for the bulls to carry long positions. Inflation data of 7 year high @ 8.75% & still there is expectation of moving upward due to negative movement of crude for
economy. RBI rose Repo
rate by 25 bps to 8%, in response to that many
banks are rising lending rates they also
have to rise deposit
rate otherwise they
may not be able to
attract deposit &
may loose business,
this may result in
fall in business of
Housing, Auto,
Banking etc for
short term. As repo
rate is not directly
connected with the
monetary movement in
the market, so any further rise in interest rates
may not be a wonder.
On the technical side market has nearest support of 15000, &
NIRAV DESAI - Mo. 09820627454
E-mail : [email protected]
crucial support @ 14500. So as Nifty has nearest support of 4495
& crucial support @ 4445. On the upper side if market closes
twice above 15300 may test 15800 & 16000 soon. Whereas Nifty
if closes above 4640 then only positive to test 4791. Till the rise
may be taken as a pullback phase & F&O traders may adopt sell or
short strategy at every rise of ?Mandi?.
Market people are scared of every unexpected next day opening,
& that?s why intraday concept is spreading. We request members
to avoid intraday trading in this kind of volatile market. We recommend some of the strong delivery base scrips to buy only on
decline for the investors to hold for more than a week. Contact us
for more in-depth study of market
Sr. No Scrip Name
1.
Zuari Ind
2.
NIIT Tech
3.
Aztec Soft
4.
Chennai Petro
5.
Guj Alkalies
CMP
258
142
72
337
188
SL
245
135
70
328
180
RL
277/290
160
76/78
360
198/204
Buy Adani Ent if closes above 810 for Trg of 858
Buy Asian Elect if closes above 126 Trg 145/151/163
Buy Bombay Rayon if closes above 345 for Trg of 365
Risky buy for long term ACC, Aban, Union Bank, Tata Elexi.
SPLITS DECLARED IN LAST FEW DAYS
Company Name Ratio* XSplit Date
AIAEngineering 10:02 NA
JM Financial 10:01 NA
Camlin 10:01 NA
Plethico Pharmaceuticals 10:01 NA
Camlin 10:01 NA
Apollo Sindhoori Capital Investment 10:01 NA
Hatsun Agro Products 10:02 NA
Gemini Communications 5:01 NA
MIC Electronics 10:02 NA
Madras Aluminium Company 10:02 NA
Tricom India 10:02 NA
Sona Koyo Steering Systems 2:01 NA
Sesa Goa 10:01 NA
Motilal Oswal Financial Services 5:01 NA
Cals Refineries 10:01 NA
PTL Enterprises 10:02 NA
T Spiritual World Limited 2:10 NA
Uma Petro Products India 10:01 NA
MARKET TREND FOR THIS
WEEK
Continuously market goes in
negative direction in last week
we again see fall in market continuously rise in inflation and
weak global cues are also give
the bad effect and expected this
type of trend continue in coming week on weekly basis sensex
down nearly 382 points and
closes at 15189 and on weekly
basis nifty down nearly 110
point and closes at 4517 this
week we also see a heavy selling pressure come in midcap
and small cap stock on weekly
basis bse midcap down nearly
121 points and closes at 6228
and on weekly basis bse small
cap index down nearly 114
point and closes at 7581 on
week start on Monday we see a
weak market and at the end
sensex down nearly 506 points
and closes at 15066 on tuesday
we again see a high volatile
trend but at end sensex down
nearly 176 and closes at 14889
after two days continuously fall
in market we see recovery on
wednesday sensex up nearly
296 points and nifty Thursday
we see again a high volatile
trend but at the end market end
flat sensex up nearly 64 points
on Friday we again see high
volatile and sensex down nearly
60 point and close at 15189
points coming week market is
again high volatile important
support for sensex is 14600 below this level next target for
sensex Is at 14100 and for coming week important resistance
for sensex is at 15800 above this
level expected some recovery
in market is positive .
MARKET SUMMERY
Conti. from ...1
bers from
corporates.
top
Indian
At present market sentiment is
week amid of high crude oil,
inflation etc. but for the medium to long term valuation
an attractive and one can chore
stock for their own and can
invest at every decline.
For the next week 14800 is the
major support and one can invest at this level for moderate
return in short term.
Market trend for this week
STAR OF THE WEEK
Market is volatile for this week
if sensex break the important
support of 14600 then we see
again fall in market and for this
week important resistance is at
15800 above this level we expected again some recovery for
this week market is positive.
Hind rectifier— In negative market on Friday stock close with
positive notes with huge volume expansion also with big
gain in last week stock recovers
smartly from123 levels it has has
huge potentional to go upto 169
in coming week buy at current
levels at 149 with a upper target
of 165 above this level next target is at 169 stoploss 135 .Stock
is also good for short term investment
For this sensex resistance is at
15240—15390—15560 above
this above this level next resistance is at 15800 in down side
support is at 15080-1492014800 below this level next
support is at 14600 Market is
positive for this week.
For this week nifty resistance is
at 4550-4590-4620 above this
level next level next resistance
is at 4720 in down side support
is at 4470—4445—4410 below
this level next support is at 4350
.market is positive for this week.
COMPANY
Ranbaxy
Tech mahindra
Sel mcl
Fcs soft
Vaibhav gem
Pstl (532791) —Buy at current
levels at 320 with a upper target
of 338 above 342 Next target is
350 with a stoploss of 300.
Soft bpo global—The stock is
looking good for coming week
there is upside potentional till
around at 273 and very little
down side with a strong support
260 keep a tight stoploss of 262
and start covering at 290.
STOCK FOR THIS WEEK
BUY AT
TARGET
566
584
788
810
572
589 to 595
96
105
55
62 to 65
STOPLOSS
552
864
558
89
49
F & O STOCK FOR THIS WEEK
COMPANY
BUY AT
TARGET
STOPLOSS
Rajesh expo fut
86
92
80
bhel fut
1561
1582 to 1590
1535
hpcl fut
186
200
175
reliance capital fut
1130
1150 to 1180
1100
C O M PA N Y
STOCK FOR SHORT TERM
BUYAT
TARGET
Eid parryRas pro lami
177
2
EAFLE’S EYE
Conti. from ...3
target 562……..We have told
to buy Harrison on 19.05.08
at 105 & target given 123 ….&
Many more scripts ……….All
given targets achieved in very
short span of time and all were
performed very very well in
volatile and –ve markets
also………….. Even Many of
our Future stocks had done
well also……..What else u
want from us ?????...........
During Last week we have
given Anu’s lab at 264 to our
200 to 240
4 to 5
STOPLOSS
160
2
all paid clients for delivery and
it has touched 339 in a
week……...........Our paid clients are long in SEL MFG
from Rs. 453 and they had
booked the proft at
570+………….......
Paid services includes Intraday
cash, Intraday future calls,
BTST,STBT, Positional future calls, Delivery based
short-medium term calls, Sure
Shot Intraday and Future
calls…………….Contact us on
099740 36583 or on yahoo
messenger : par_18_2000 after market hours only.
15-6-2008 to 21-6-2008
3
Our Delivery Calls
Chambal Fertiliser and
SEL MFG both r on heavy
heavy fireeeeeee…inspite
of volatile and negative
markets……….Both delivery calls had been outperformed and given superb profit in
very short term. This both scripts have
proved that “where ever index goes our
scripts performs “………….If u r reading our article “ EAGLE’S EYE “
regularly u can also feel the
same……….Since Last many weeks we
are trying to give our best efforts and
informations which can help you to
take best decision through which u can
earn huge,handsome and safe profits….
above 15971 and nifty future has to
close above 4734…………Both has
failed
to
cross
the
said
levels………….Also we have told if
not crosses above levels then in down
side index can touch 14883 and nifty
future can touch 4476….both levels
achieved
during
the
week………………
Last week we have clearly told that for
bull run or upside index has to close
From
our
future
stock’s
recommendations….Grasim, Suzlon,
IF CLOSES ABOVE 15338 THEN IT MAY TOUCH
15573,15972 SL 14747
NIFTY FUTURE IF CLOSES ABOVE 4523 THEN
IT MAY TOUCH 4591,4680 SL 4333
Sterlite,
HCC,
BEML,Ultratech,Mphasis had performed well initially…………
Dear, Right now market is too volatile
and in negative bias……so we are giving more concentration on delivery
based short term reco’s onlyyyy…. Just
see on 21.04.08 we have told u to buy
delivery of Chambal fert at 70 & target given was 83……… We have given
a buy call on SEL MFG at 453.40 on
12.05.08 for target 497 …then also told
SEL MFG’s delivery again at 517 for
Continue on ...2
Weekly Trading’s Hot Scripts for Week (16.06.08 To 20.06.08)
Sr.No.
1
2
3
4
5
Company Name
BEL
Bharat Forge
Telco
BHEL
NALCO
Closing Price
1142.00
260.50
500.00
1545.00
467.20
Stoploss
1104
252
487
1517
456
Target 1
1173
265
509
1566
474
Target 2
1191
270
520
1584
485
Target 3
1208
277
532
1604
494
BSE Index Prediction for Week (16.06.08 To 20.06.08)
Index
BSE
Closing Price
15189.62
Support
14883
Stoploss
14747
Target 1
15338
Target 2
15573
Nifty Future’s Prediction for Week (16.06.08 To 20.06.08)
Index
Nifty
Closing Price
4482.10
Support
4365
Stoploss
4333
Target 1 Target 2 Target 3
4523
4591
4680
Nifty Future’s Hot Scripts for Week (16.06.08 To 20.06.08)
Sr.
No.
1
2
3
4
5
Company
Name
Chambal Fert.
RPL
RNRL
R Power
IDEA
Closing
Price
90.40
178.65
89.00
186.60
107.85
For Delivery Based Investment Hot Midcaps/
Smallcaps for Week (16.06.08 To 20.06.08)
Target
15972
Stoploss
Target 1
Target 2 Target 3
85
170
84
179
101
94
185
96
196
114
97
190
101
205
122
100
196
109
217
127
Sr.
No.
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
Company
Name
Hotel Leela
MRPL
Deccan Aviation
Hind.Oil
Aptech
Aftek Info
Surya Pharma
ASCL
Hind.Copper
Super Spinning
Salzer Electro
Timex
Tutis Tech
Zensar Tech
Assam Co.
Bse
Code
500193
500109
532747
500186
532475
530707
532516
532853
513599
521180
517059
500414
532311
504067
500024
Closing
Price
39.80
70.40
102.45
127.00
210.20
41.05
101.10
48.55
256.70
12.80
74.10
19.90
15.30
136.00
28.95
Target 1 Target 2 Target 3
47
77
117
138
227
49
111
60
275
16
84
23
18
149
33
52
86
128
150
243
57
122
73
298
20
93
27
21
160
36
60
95
139
165
265
66
130
88
323
25
102
30
24
177
40
LONG TERM INVESTORS HAVE TO START INVESTING IN SOUND SCRIPTS SLOWLY
1) EDUCOM (3450.90 ) :- In this
scrip near term support at 3443 and
buy with the stop loss of 3435 on
the upper side first target is 3457 then
Rs. 3463 - 3468 to 3474.
2) JINDAL SAW ( 535.80 ):- In
this scrip near term support at 528
and buy with the stop loss of 524 on
the upper side first target is 542 then
Rs. 548 - 553 to 558 .
near term support at 835 and buy with
the stop loss of 829 on the upper side
first target is 848 then Rs. 854 - 862
to 869.
6) ULTRATECH ( 632 ) :- In this
scrip near term support at
628 and buy with the stop
5) ONGC ( 841.25 ) :- In this scrip
8) SUN PHARMA. ( 1471.05 ) :- In
this scrip near term support at 1465
and buy with the stop loss of 1456 on
the upper side first target is 1476 then
Rs. 1484 - 1492 to 1500.
9) ABAN OFFSHO ( 3720.40 ) :- In
this scrip near term support at 3713
and buy with the stop loss of 3705 on
the upper side first target is 3727 then
Rs. 3734 - 3742 to 3753 .
3) IND INFOLINE ( 617 ) :- In this
scrip near term support at 612 and
buy with the stop loss of 605 on the
upper side first target is 623 then Rs.
629 - 634 to 642.
4) TATA POWER ( 1252.45 ) :- In
this scrip near term support at 1246
and buy with the stop loss of 1238 on
the upper side first target is 1258 then
Rs. 1264 - 1271 to 1276.
and buy with the stop loss of 577 on
the upper side first target is 593 then
Rs. 600 - 607 to 615.
loss of 622 on the upper side first target is 637 then Rs. 644 - 649 to
656.
7) CENTURY TEXT .( 588.15 ) :In this scrip near term support at 583
10) ONMOBILE. ( 611) :- In this
scrip near term support at 606 and buy
with the stop loss of 602 on the upper side first target is 616 then Rs.
623 - 629 to 636 .
11) TATA TEA ( 773.60 ) :- In this
scrip near term support at 768 and buy
with the stop loss of 760 on the up-
per side first target is 778 then Rs.
784 - 790 to 797.
12) LANCO INFRA ( 358.10 ) :In this scrip near term support at 354
and buy with the stop loss of 349 on
the upper side first target is 362 then
Rs. 367 - 374 to 378.
13) REL.CAP. ( 1130.35 ) :- In this
scrip near term support at 1122 and
buy with the stop loss of 1115 on
the upper side first target is 1138 then
Rs. 1144 - 1149 to 1156.
14) BAJAJ AUTO (505.50) :- In
this scrip near term support at 502
and buy with the stop loss of 496 on
the upper side first target is 513 then
Rs. 521 - 528 to 534.
15) COLGATE ( 369.50 ) :- In this
scrip near term support at 366 and
buy with the stop loss of 361 on the
upper side first target is 374 then
Rs. 378 - 383 to 388.
Continue on ....2
15-6-2008 to 21-6-2008
4
RESISTANCE
IS
AT
15189.62 FOR BSE SENSEX
AND 4571.1 FOR NIFTY
Bse Sensex(15189.62) and and sell Call Option Of June
Nifty(4517.1) closed approxi- Month Strike Price 100 @1.6
mately 2.5% down each last
week .Higher inflation at 8.75 Premium Received by selling
v/s 8.24 brought some
worries.Market will take cue
from development of monsoon
and Q1 advance tax nos. in
coming week.Support for
Sensex is 14750 and for Nifty
4400.Market may take support
and move towards resistance
level of 15750 for Sensex and
4750 for Nifty.Export duty cut
for some steel products may Narendra Naynani
(M)9898162770
boost sentiment.
[email protected]
Nifty put-call ratio is 1.11 and
highest open interest is build
up at Nifty 4200 put call=1600*1.6=2560 Rs.
option.Chambal fertizer and
Profit-100Idea added significant open in- Maximum
94.35=5.65*1600=9040+2560=11600
terest while Bombaydying and
Lanco Infra sheded the open in- Maximum Loss=Unlimited
terest.
Portfolio Ideas
Strategy for Future & Option
players
1)Idea(108.15)Buy this stock in
portfolio at every price.
1)MTNL(94.35)-Lot Size-1600
2)RPL(179.15)Buy this stock in
Buy One Lot of [email protected]
portfolio at every price.
BULLET
Trend indicator for major stocks
STOCK
ICICIBANK.NS
INFOSYSTC.NS
ITC.NS
MARUTI.NS
RELIANCE.NS
SAIL.NS
SATYAMCOM.NS
SBIN.NS
TATASTEEL.NS
TCS.NS
TREND NO OF
DAYS
Trend
Weekly Monthly
Trend
Bulllish
Bearish
Bearish
Bearish
Bulllish
Neutral
Bearish
Bulllish
Neutral
Bulllish
Falling
Falling
Falling
Falling
Falling
Rising
Falling
Falling
Falling
Falling
2
5
6
1
3
1
5
3
1
1
Rising
Rising
Falling
Rising
Falling
Falling
Rising
Falling
Rising
Rising
MFI=MONEY FLOW INDEX
RSI=RELATIVE STRENGTH INDEX
ADX=DIRECTIONAL MOMEMNTUM INDEX
Useful Technical Figures for major stocks.
STOCK
MFI-21 RSI-14
ADX-14
ICICIBANK.NS
43.06
40.63
19.92
INFOSYSTC.NS
61.69
51.74
20.32
ITC.NS
41.73
35.87
18.92
MARUTI.NS
43.43
36.79
14.59
RELIANCE.NS
28
37.62
26.71
SAIL.NS
50.67
41.73
24.38
SATYAMCOM.NS
50.03
47.83
17.76
SBIN.NS
28.66
29.63
43.96
TATASTEEL.NS
41.52
48.49
20.65
TCS.NS
60.17
44.78
18.9
Fogelson.
Crest Animation Studios Ltd titled
“First Indian animated 3D feature
finds its voice.
ALPHA AND OMEGA is currently in production, with pre and
post-production taking place in Los
Angeles and key animation at Crest
Animation Studios in India.
Lionsgate will distribute the film in
North America and the UK. Mandate International will be launching
international sales at the upcoming
Cannes film festival for the rest of
the world, excluding India.
Alpha and Omega, the first animated
Hollywood film by an Indian company, will feature the voices of Justin Long (Live Free or Die Hard) and
Hayden Panettiere (Raising Helen).
Long and Panettiere will lend voices
to the lead lupine pair in the movie, a
love story about two kidnapped
wolves trying to get back their pack.
2010 Theatrical Release Planned
LIONSGATE® (NYSE: LGF), the
leading independent filmed entertainment studio, announced on April 04,
The deal was negotiated for
Lionsgate by Wayne Levin, Executive Vice President, Corporate Operations, Ken Katsumoto, Wendy
Jafte, Executive
BSE Code : 526785
Vice President
CREST ANIMATION
Legal & BusiCurrent Price : Rs. 59.00
ness Affairs,
52 Week high : 162.00
Acquisitions
52 Week low : 44.70
and Co-Producand Larry Miller (Bee Movie, Ant 2008 that it
tions,
Sean
Bully) will also lend their voices to will launch its multi-picture partnerthe film being directed by Anthony ship with Crest Animation Produc- Kisker, Vice President, Strategic
Bell (Rugrats) and Ben Gluck tions with the CGI animated theatri- Planning; and for Crest Animation
(Brother Bear 2).
cal family film ALPHA AND Productions by Ramanna and
OMEGA. Lionsgate and Crest are Fogelson.
Alpha and Omega is being co-pro- co-financing and co-producing ALLIONSGATE
duced and co-financed by the PHA AND OMEGA, which is ABOUT
Mumbai-based Crest Animation Stu- scheduled for theatrical release in Lionsgate is the leading independios Ltd and Lionsgate, the US-based 2010. The announcement was made dent filmed entertainment studio,
distributor of hits like Rambo, Fahr- by Lionsgate’s Executive Vice Presi- winning the 2005 Best Picture
enheit 9/11 and Meet the Browns. dent of Lionsgate Family Entertain- Academy Award® for CRASH,
Crest and Lionsgate have a contract ment Ken Katsumoto and Crest Ani- and the Company is a premier proto make three animated feature films. mation Production’s CEO Noah
Continue on ...10
The animation for the entire film will
be generated inhouse at Crest Studios.
Christina Ricci (the upcoming Speed
Racer), Danny Glover (Lethal
Weapon), Dennis Hopper (Speed)
Market talk
Crest is among the top five Hollywood companies operating in the 3D
CGI animation genre. Mr. Richard
Rich, former Disney director of movies such as Fox and the Hound, calls
it the ‘Disney Studios’ of India. It
has under its belt over 200 half hours
of television and home video titles,
working for such clients as Mike
Young Productions, Mark Brown,
Classic Media, Marathon, O’ Entertainment and Nickelodeon. Jukers!,
its first 52-episode animated TV series, won an EMMY as well as a
BAFTA for children’s programming.
From 2011, Crest plans to produce
and release one CGI animation film
every year. CGI animation is currently the most profitable film-making genre in the US.
Production for Alpha and Omega is
under way at Crest Animation Production Services, Crest’s California
subsidiary, as well as at Crest’s
Ghatkopar studio. The film is targeted to release in 2010.
LIONSGATE AND CREST ANIMATION
PRODUCTIONS
LAUNCH MULTI-PICTURE
PARTNERSHIP WITH CCI ANIMATED FAMILY FILM ALPHA
AND OMEGA
Cast Includes Justin Long, Hayd
Panettiere, Christina Ricci, Danny
Glover, Dennis Hopper, Larry
Miller.
Inflation surged to an over
seven-year high on soaring
manufactured product and primary article prices, stoking
speculation that the central
bank may step in to tighten
monetary policy further after
this week’s rate hike. Faced with
the tough job of balancing
growth, which is showing signs
of slowing down, and inflation,
which is threatening to rise, the
Reserve Bank of India is likely
to use the twin tools of market
stabilisation schemes (MSS) and
cash reserve ratio (CRR). While
the Government has already
taken some measures by restricting export of essential food
commodities and fiscal measures like cutting duties on certain commodities, it is now the
central bank’s turn to do its bit.
The next two important turning points occurred exactly 8
years thereafter, in ‘1992 and
‘2000. Both these turning points
were marked by stock market
scams, wherein the leaders of
the rally had extremely difficult time later. For example,
ACC, the leading stock of ‘1992
bull market, remained below its
highs till end of ‘2004. Similarly, the IT stocks, which were
leaders of ‘2000 rally, had lost
as much as 90% of their top
valuations by the year ‘2003.
This year, we are sitting on this
very important cycle, which
therefore, may throw up similar
possibilities.
Oil prices going up and staying at USD 130 per barrel is
problematic. If it stays at USD
130 per barrel for the rest of
the year, the whole world will
be in a problem.
In market watch out next week
Network 18,PSTL,MOSER
BAER, TCS, RPL for good
Investments.Try to cash pot
pull back rally in DLF from
last four days delivery rose
quite high. Somebody accumulate shares very well.it loks like
we may see rallt of Rs. 200.00
from here.
there is clear resistance at Nifty
4,400 despite bad news in the
public domain. The markets
may have touched some level
of bottom for the moment. Sentiment will remain weak as
long as the bad news flows
continue.The next key resistance for the Nifty is 4,600. The
market can go up to 4,750 at
the top end of range. The downside would be limited to 4,280
and in the worst-case scenario
at 3,560. The key Nifty support
is at 4,440. It can go up to 4,740
if that level is held.
15-6-2008 to 21-6-2008
5
WEEKLY REPORT CARD
[16th to 20th June 2008 ]
PRIMARY MARKET BUZZ
1.
THE HEIGHT OF POSSIBILITY!
Sensex-11192.46 which was in august 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
SENSEX-index has strong “double
bottom” support at 14645 –below
that levels index has strong support
of “gap” at 14455-if index close
below both levels then be ready to
another blood bath in to coming
days.
While on up side every move will
have resistance –on of the big resistance at 15500-if index close
above this levels then expect to
rally up to 16100 and 16271.
NIFTY FUTURE-index has strong
support at 4460 and below those
levels at 4432 which is the double
bottom support –if index breaks
these levels with heavy volume and
close below this levels then expect
4191 and 4040 kind of levels.
There is lots of resistance on both
daily and weekly charts.
Strong resistance on daily charts
is 4550 and 4591 if successfully
close above that levels then will rally
to 4654 this is strong resistance on
weekly charts .
TABLE OF IMORTANT LEVELS:
INDEX
TANCE
15500
16100
16271
SUPPORT R E S I S Sensex
14645
14455
13409
nifty fu
4332
4191
4040
4550
4591
4654
STRATEGY – after two week of
falling and consolidation we are
expecting some kind of recovery
due to short covering in the third
week of the month-some retail and
hni”s will short cover and Dow
Jones is giving some kind of recover
on RSI so we may see some fire
works in to coming days and this
will be golden opp for swing traders to go long and then go short on
higher levels –lets see our strategy
for the next week.
!
Buy nifty fu with SL of 4460
and 4420 and target are 4550 and
4591.
!
B u y
aurbindo
pharma
–short
term
a n d
intermedia t e
charts
a r e
improving one can incite fresh long
positions at current price with SL
of 315 and target are 350-360 in
short term.
! Buy nirma limited stock has
formed triple bottom at 143 we are
seeing bounce of 20 to 25 rupees
and keep SL of 143 and go long.
! Buy gokul for Monday trading
call with SL of 209 and target of
223-225.
è
Buy anu lab in Monday’s
trading call with SL of 320 and target of 350-360.
GLOBAL MARKET TREND:
Dow Jones –strong support of
12095 –sharp recovery can be seen
in to coming days and it can rally
up to 12489 and 12768 this are the
two most resistance .
NASDAQ –remember our word
weekly close below 2439 all USA
trader will rush to short .and iron
resistance at 2508.
Nikkei- strong resistance at 14568
and close above will take to 15000
while support at 13612 and 13222.
Hang sang-big resistance between
23098 -23178 above that levels it
will fire to 24004 while support at
21472.
Shanghai-one strong up move on
card resistance at 3140.
2.
3.
4.
5.
Niraj Cement Structurals Ltd IPO was open on May 26, 2008 and closed on
May 30, 2008. IPO was oversubscribed by 1.74 times (3.8053 times in
retail).IPO Allotment Status is now available online for Niraj Cement
Structurals Ltd IPO.
Sejal Architectural Glass Limited IPO finally oversubscribed 9.90 times
(7.9791 times in retail).
First Winner Industries Ltd IPO revised the price band to to Rs 115/- to Rs
125/- per share. Issue will now close on Jun 17, 2008.
First Winner IPO subscribed 0.74 times (0.6356 times in retail) on its 5th day.
Archidply Industries Limited IPO subscribed 0.09 times (0.1884 times in
retail) on its 3rd day. Issue is closing on June 17, 2008.
Lotus Eye Care Hospital Limited IPO subscribed 0.25 times (0.0048 times in
retail) on its 2nd day. Issue is closing on June 17, 2008.
BONUS DECLARED IN LAST FEW DAYS
Company Name Ratio XBonus Date
Bank of Rajasthan 1:05 NA
Larsen & Toubro 1:01 NA
JM Financial 2:03 NA
Kamanwala Housing Construction 1:01 NA
Sundaram Finance 1:01 NA
Opto Circuits India 7:10 NA
Housing Development & Infrastructure 2:07 NA
Aro Granite Industries 1:02 NA
Kaashyap Technologies 1:06 NA
Elf Trading & Chemicals Manufacturing 3:01 NA
Sesa Goa 1:01 NA
Biocon 1:01 NA
IL&FS Investment Managers 1:02 NA
Thakker's Developers 1:01 NA
CG Impex 2:01 NA
Gujarat Mineral Development Corporation 1:01 NA
Silicon Valley Infotech 1:02 NA
3:1 means, 3 bonus shares for one share held
BONUS DECLARED IN
DIVIDENDS DECLARED IN LAST FEW DAYS
Divi's Laboratories 200 NA
Sanghvi Movers 150 NA
Sulzer India 100 NA
High Energy Batteries (India) 25 NA
Peninsula Land 40 NA
Ultramarine & Pigments 150 NA
Seshasayee Paper & Boards 40 NA
Emmsons International 20 NA
Rajeswari Foundations 10 NA
Hindustan Oil Exploration Company 10 NA
Kovilpatti Lakshmi Roller Flour Mills 20 NA
Shivalik Bimetal Controls 12.5 26/6/2008
Sundram Fasteners 45 NA
Ponni Sugars (Erode) 6 NA
IVP 10 NA
Modern India 10 NA
Netlink Solutions (India) Limited 4 NA
Orbit Corporation 25 NA
Marathon Nextgen Realty 16 NA
Bhoruka Aluminium 12 NA
Royal Orchid Hotels 60 NA
Vijay Textiles 15 NA
Valson Industries 25 NA
KDDL 10 NA
AIA Engineering 40 NA
DLF 100 NA
Rolcon Engineering Company 40 NA
Indian Card Clothing Company 60 NA
Thirumalai Chemicals 100
15-6-2008 to 21-6-2008
6
F.I.I. STILL PLAYS DEVIL’S ROLL IN THE WEEK
Friday, 13 June 2008,M A R K E T
BREACHES
2008
LOW:Local markets tumbled to register
2008 lows in the week end as soaring crude oil prices, rising inflation
and weak global cues dampen the
spirits. Also heavy offloading from
foreign institutional investors (FIIs)
played the spoil-sport, leading the
market register its fourth straight
weekly loss. Indices settled lower
in three out of five trading sessions.
BSE Mid-Cap and BSE Small-Cap
indices outperformed the Sensex.
The BSE Sensex declined 382.56
points (2.45%) to 15,189.62 in the
week ended 13 June 2008. The S&P
CNX Nifty fell 110.70 points
(2.39%) to 4,517.10 in the week.
The Sensex is down 6,017.15
points (28.37%) from its alltime high of 21,206.77 hit on
10 January 2008.
The BSE Mid-Cap index fell 121.98
points (1.92%) to 6,228.17 and the
BSE Small-Cap index shed 114.33
points (1.48%) to 7,581.72, in the
week.
F.I.I. IN DEVIL’S ROLL: Foreign institutional investors (FIIs)
pressed heavy sales in the backdrop
of a weakening rupee against the
dollar, noticeable fall in share
prices. In June 2008, FIIs dumped
shares worth Rs 6463.20 crore (till
13 June 2008). FII outflow in calendar year 2008 totaled Rs
21832.60 crore (till 13 June 2008).
On the other hand, domestic funds
were net buyers amounting to Rs
894.89 crore in the month of June
2008.
Monday, 9 June 2008
Trading for the week started on a
bearish note as key indices
slumped on as surging global crude
oil prices along with setback in US
stocks played the spoil-sport. The
30-share BSE Sensex tumbled
down 506.08 points (3.25%) at
15,066.10 and the broader based
S&P CNX Nifty shed 126.85 points
(2.74%) at 4,500.95, on that day.
sales)
RCom.
Tuesday, 10 June 2008 - NEW
BOTTOM FORMED
Ranbaxy Laboratories surged
11.86% to Rs 566.90 in the week.
Ranbaxy founders Malvinder
Singh and Shivinder Singh inked a
deal to sell there combined 34.8%
stake to Japanese drug maker
Daiichi Sankyo at Rs 737 a share.
Daiichi also seeks to acquire majority of the voting capital of
Ranbaxy. The total transaction
value is expected at about Rs 14740
crore to Rs 19800 crore depending
on the response to a mandatory
20% open offer that Daiichi will be
making to Ranbaxy shareholders.
WIPRO
The market extended losses, as a
result of weakness in global markets weighed on the domestic
bourses. The 30-share BSE Sensex
lost 176.85 points (1.17%) at
14,889.25 and the broader based
S&P CNX Nifty was down 41.25
points (1.14%) at 4,449.80. On the
very same day both the key indices registered 2008-year lows,
which was 14,645.31 for the BSE
Sensex and 4369.80 for the S&P
CNX Nifty.
Thursday, 12 June 2008,
Improved April 2008 IPD (industrial production data), firm European markets and higher US futures
markets triggered gains for domestic bourses on Thursday after an
earlier sharp intra-day fall. The 30share BSE Sensex gained 64.88
points (0.43%) at 15,250.20 and
the broader based S&P CNX Nifty
rose 15.75 points (0.35%) at
4,539.35.
Friday, 13 June 2008,
The market remained volatile and
settled slightly lower on Friday, as
inflation surged to a seven-year
high to 8.75%. The 30-share BSE
Sensex declined 60.58 points
(0.40%) at 15,189.62 and the
broader based S&P CNX Nifty
shed 22.25 points (0.49%) at
4,517.10
EVENTS THAT MOVED THE
MARKET
RANBAXY LABORATORIES India’s largest drug maker - (by
Wipro declined 5.38% to Rs
477.85. It is reportedly bidding for
12 contracts worth at least $100
million each as it seeks bigger clients.
LARSEN & TOUBRO
- India’ largest engineering and construction firm (by sales)
Larsen & Toubro (L&T) was up
1.05% to Rs 2,710.15. L&T has
decided to delay the listing of its
software business unit L&T
Infotech to 2009-10, because of the
unfavorable market conditions. The
firm had earlier decided to go for
L&T InfoTech’s IPO in the second
half of this financial year.
Wednesday, 11 June 2008,
However the market recovered on
Wednesday, as investors resorted to
bargain buying after recent sharp
fall in share prices, taking cue from
firm Asian markets. The 30-share
BSE Sensex rose 296.07 points
(1.99%) at 15,185.32 and the
broader based S&P CNX Nifty
jumped 73.8 points (1.66%) at
4,523.60.
- India’s third largest IT exporter (by
sales)
ICICI BANK
(We recommended this stock to buy
early in month of January ’08.remember it.)
RELIANCE INDUSTRIES
India’s largest private sector firm by
market capitalization and oil refiner
Reliance Industries (RIL) rose
1.29% to Rs 2268.30. RIL Chairman Mukesh Ambani said in the
company’s AGM (annual general
meeting) that RIL will pursue
Greenfield investment in polyester.
RELIANCE COMMUNICATIONS India’s second largest telecom services provider (by sales)
Reliance Communication (RCom)
slipped 0.63% to Rs 543.55. As per
reports, RCom and the South African telcom company MTN will decide the share swap ratio at which
Anil Ambani will transfer his stake
in RCom to get stake in MTN. Both
the companies have reportedly
agreed for the deal, which will result in RCom promoter viz. the Anil
Dhirubhai Group (ADAG) emerging as the single-largest shareholder
in MTN and the foreign company
becoming the holding firm of
- India’s largest private sector bank
(by net profit)
ICICI Bank shed 0.78% to Rs
764.80. sources says it is cutting
about 1000 jobs at different levels.
reports say the job cut is part of the
company’s attempt at cutting cost,
mainly in segments such as retail,
rural and agri-credit.
HDFC
- India’s largest dedicated housing
finance firm (by operating income)
HDFC slumped 9.11% to Rs
2133.30. on the chairman’s words
that the company will take a decision on raising interest rates on
home loans by end of this month.
TATA MOTORS
- India’s largest commercial vehicle
maker (by sales)
Tata Motors lost 4.42% to Rs
516.20. As per reports, it plans to
raise an additional $1 billion in the
international market to fund its expansion plans, which include strategic alliances and acquisitions.
GRASIM - diversified Company
Continue on ...7
15-6-2008 to 21-6-2008
7
MARVELOUS RESERCH
Grasim Industries fell 3.56% to Rs
2182.30 after the companys statement “that it sold its sponge iron
business ‘Vikram Ispat to Welspun
Power and Steel’ for Rs 1000 corer
plus.”
THE OTHER COUNTERS IN
LIME LIGHT
GHCL (up 41.52% to Rs 71.75),
Aurobindo Pharma (up 16.98% to
Rs 329.95),
Chambal Fertilisers & Chemicals
(up 13.09% to Rs 91.15),
Fortis Healthcare (up 16.03% to Rs
82.50),
Zenotech Laboratories (up 11.85%
to Rs 109.45) surged. And many
more …..
GREAT CONCERNS FOR THE
MARKETS
Conti. from .....6
terest rates may delay expansion
plans of corporates, which in turn
may impact future earnings growth.
India’s economic growth has
slowed down as fall in consumer
demand caused by rise in interest
rates.
Market to remain under pressure;
advance tax figures eyed
Local market is likely to move in
sync with global markets in the
coming week. Markets across the
globe suffered severe setback triggered by rising global commodity
prices led by crude oil. Also healthy
corporate advance tax payments for
the first installment that falls due on
15 June 2008, may boost sentiment.
The advance tax payment by the
corporate sector will give a cue on
Q1 June 2008 results.
Trigger’s for bulls will come
in the form of well-distributed
Inflation based on WPI (wholesale monsoon
Inflation – (the bear for the market)
price index) rose to 8.75% in the
12 months to 31 May 2008, as per
the government data released on 13
June 2008, showed to be highest
since 2001
The Reserve Bank of India (RBI)
raised short-term lending rate viz.
the repo rate, by 25 basis points to
8% to control inflation expectations.
CONCERNS FOR NEXT
WEEK
“ HIGHER INFLATION GOOD ADVANCE TAX
FIGURES BY THE
CORPORATES - GOOD
MONSOONS”
Fears of Reserve Bank of India
(RBI) hiking interest rates to check
soaring mutli-year inflation, which
could choke overall growth of the
economy, will continue to bother
investors.
Earnings downgrades by brokerages amid rising input and interest
costs for India Inc and drying up
of global liquidity due to credit crisis remain major concern for the
Indian stock market. A further hike
in rates would impact bottom line
of Indian companies. Also high in-
- which will encourage food production, helping quench inflation.
Agricultural output in India depends on good rains. The forecast
- the 2008 monsoon rains would be
near normal.
BROKERS RECOMMENDATIONS
Broking house
HDFC Securities
Angel Broking
Karvy Stock Broking
Karvy Stock Broking
Religare Securities
Hem Securities
Religare
Asit C Mehta
Morgan Stanley
Sharekhan
Emkay
Merrill Lynch
Emkay
Hem Securities
Karvy Stock Broking
PINC
Ambit Capital
Religare
HDFC Securities
Karvy Stock Broking
Karvy Stock Broking
India Infoline
Morgan Stanley
Emkay
Emkay
Action
Buy
Buy
Outperformer
Outperformer
Buy
Buy
Buy
Buy
Overweight
Buy
Buy
Buy
Buy
Buy
Market Performer
Buy
Buy
Buy
Buy
Buy
Market performer
Sell
Overweight
Buy
Buy
Price (Rs)
629.00
536.00
418.00
418.00
391.00
294.00
210.00
152.00
4,913.00
3,002.00
990.00
825.00
546.00
300.00
101.00
85.00
49.00
1,833.00
245.00
138.00
1,600.00
1,240.00
1,050.00
875.00
780.00
(1) 4462.76 (2)
4369.80
(4)
3821.44
TATA STEEL- (841.35) TREND
BULISH RESISTANCE 861-830836 SUPPORTS 790-787
KEY SUPPORTS FOR
IN12738.19/3821.44
RECOMMNDATION’S (IN- DICES
DICES AND A GROUP
A GROUP SCRIPT’S TO
STOCK’S): -
SMALL CAP AND MID
CAP STOCK
BSE SENSEX (15189.62)
RESISTANCES (1) 15329.79
15669.24 SUPPORT’S
14677.24 (2) 14579.79
12738.19 (4) 12503.57
11552.33 (6) 9863.32.
SUPPORTS
ARE
FAR
COMPARED
TO
RESISTANCE
N I F T Y
(4517.10): R E S I
TANCES
4548.38
4578.20
4652.34
4686.86
4 7 7 4 .
S (1)
(2)
(3)
(4)
(5)
9 6
(2)
(1)
(3)
(5)
SUPPORTS
4448.50
(3)
4342.81(5)
Company
+ Nitin Fire Protectio
+ Madhucon Project
+ Tata Chemicals
+ Tata Chemicals
+ PVR Ltd.
+ Tata Sponge Iron
+ Garware-Wall Rop
+ Shri Lakshmi Cotsyn
+ Aban Offshore Ltd.
+ Grasim Inds.
+ Tech Mahindra Ltd.
+ HDIL
+ Thermax Limited
+ Guj. Fluorochemi
+ Inox Leisure
+ Visa Steel
+ Karuturi Global Ltd.
+ Divi’s Lab
+ Amara Raja Batt.
+ Indraprastha Gas Ltd
+ Divi’s Lab
+ Bharat Heavy Ele
+ Maruti Suzuki India
+ Great Offshore Ltd.
+ Tata Motors Ltd.
WATCH RANBAXI LAB(566.90) TRENDBULLISH RESISTANCE 625-650 SUPPORTS
5
6
4
5
5
7
DR.REDDY (728.55) TREND
BULLISH RESISTANCE 735760 SUPPORTS 715
McLeod RUSSEL- (77.35)
ACCUMELATE BETWEEN 71 –
77 GOOD SHORT, MIDIUM
AND LONG TERM PICK BULLISH HARAMI CROSS OVER
SEEN MAY TEST 95-109 IN
COMING DAY’S SO MANY
OTHER SCRIPT’S READY FOR
SOAR IN THIS BEAR PHASE
OF MARKET FOR INVESTER.
MARVELLOUS SMS CLUB MEMBERSHIP
INTRADAY, BTST & POSITONAL SAM CALLS
SCHEME 1: F&O and CASH
SCHEME 2: CASH ONLY
Period
Fees
you
your Period
Fees
you
your
Rs. Sav.Rs. saving %
Rs. Sav.Rs. saving %
1 MONTH
6 MONTH
12 MONTH
30000
120000
180000
NIL
60000
180000
0 1 MONTH 10000
33.33 6 MONTH 40000
50 12 MONTH 60000
NIL
20000
60000
33.33
50
CONTACT : LALIT SHAH- 098250 56396
15-6-2008 to 21-6-2008
8
TOP 30 BY STOCK PICK
MEGHA
Hear in this article we are recommending 30 stock for long term
investments –this stock are having god fundamental and having
good management and good track record of the co- fundamental
is alone not important for investments we had added flavor of the
technical analysis .below recommended stock has been carefully
chosen buy us and that kind of technical theories are not used in
India or rarely used in India we advise to invest in dip for long
term.
we were recommending mundra at 550 levels with tgt of 1085
in January panic and suddenly it jump 80% and in January we
have given buy call in ranbaxy at 350 it jump 70%
Scrip name
Mundra port
Adani enter
Gremch infra
Feddors lyod
Aurbindo pharma
Arvind mills
Raymond
J p associates
Videocon ind
Mah seamless
Kirlosker ele
Bgr
Gei ind
Abg shipyard
Aban off
Vimta lab
Unity infra
Itd cementaion
Saregama
Rico auto
Unitech
Viceroy hotel
Heg ltd
Dlf
Bharat forge{at decline }
Clutch auto
Tata motors
Punjab national bank
Sobha developers
Pentaloon retail {at decline}
MARKET OUTLOOK
Conti. from ...1
comfortable in Rajasthan can
worsen the situation in the days
to come as it would not be an
end but beginning of many such
equal tribes to seek special recognition for apparent benefit it
could reap in several ways.
But the demand for crude oil in
Commodity Markets has almost
doubled between 2007 and
2008 since the trades that click
on these markets is 10 times the
actual requirements of all countries put together. If for example
the need for crude on daily basis is 89 Billion $ the trade s are
at 900 Billion dollars which was
just half in 2007. This clearly
shows and perhaps endorses the
statement made by Saudi
Arabia’s Chief OPEC Members
that the prices have risen be-
Projected target
1085
1030
411
129
700
127
510
421
550
521
329
725
127
871
4382
185
916
621
261
61
474
100
455
945
425
103
927
604
721
735
cause of speculation and geopolitical reasons and not on demand alone. If this is true and
most punters hedge their money
by taking a forward call in crude,
this avoidable menace of artificial demand shall stay for sometime unless they realize that this
method of hedging is not only
expensive but the value of their
money can got down the drain
in a short span of time if world
economy collapses!! But fact
remains that Stock Markets
world over have not remained a
lucrative source of investment
and with Indices getting nose
dive every alternate day has
shaken the confidence to several
million investors who have
opted for a small and safe return.
This vicious cycle could dampen
the economic growth further and
many lead to stagflation if not
recession!!
So far as we are concerned, the
economic outlook for 2008-09
has already been curtailed and
the GDP figures are at already
low of 7. to 8 % as against 9%
boldly claimed by the authority
in power!! The results of First
Quarter of 2008-09 shall be the
key barometer of progress by
frontline blue chip companies
and may be next week the figures of advance tax may provide
rejoice or gloom as the case may
be!! But looking at short term
for next week, which would be
perhaps more ideal in present
scenario, the NIFTY has not
breached 4500 at closing and so
Sensex has remained closed
above 15000 indicate hidden
strength. The mentality to short
at every bad news did not reward
as it did in January and March
this year and hence short cover
at every close became a routine
exercise. Well the figures published on SEBI website about
FIIs pulling out their money
from Indian Stock Market are
very apparent as they have sold
more than Rs.5500 crores till
June 11th compared to sell of
Rs.4672 for the whole of May
2008. Beginning January 2008
they have sold stocks worth
Rs.20935 crores or close to FIVE
Billion dollars as against its total purchase of Rs.17000 crores
for the whole of 2007!!!! Thus
the factor which was considered
dangerous for Indian Equity
Bourses when inflow was there
last year, exactly the reverse is
happening now and that too in
just less than six months. The
remaining 61/2 months are still
away and if this trend continues
unabated, one has to interpret
the market according to his on
intelligence!! Moreover the increase in Excise Duties of Mid
Segment cars from 14th June
2008 by GOI, when the Auto Industry is reeling through high
input cost shall be more in hot
water and with increase in Petrol
Diesel Prices recently and more
to come coupled with higher Interest rates soon, this sector may
have to be forgotten for the time
being as investment destination
even for long term!!
But the silver line to the dark
clouds is the good closing of US
Markets on Friday Night…..at
least we shall not have sleepless
nights for couple of days!! But
Auto and Banking sector may
face some rough weather for the
days to come. If RIL and R Com
dispute has anything to add it
would only add only fuel to the
fire and MTN deal would definitely be looked upon with a
shadow hanging. So in conclusion what one would do best is
to “Wait & Watch” for market
to settle as no indications give
clear signal on either side
Blood bath in future market
Stock Market-As per Astro-technical calculations this week is
expected to open volatile note
in Indian stock market. Financial astrology says that whole
week is expected to show mix
result. Stars do not permit one
side movement of bulls or bears.
Therefore traders are advice to
keep booking both side timely
profits. Big traders who are trading in future and
options are advice hedge their
positions for
taking both side
profit. Financial
astrology says
that l 18th June
may be favorable for bulls
other wise whole week may remain under influence of bears in
Indian stock market. Our advance predictions made in previous week has gone correct
whole previous week was full of
uncertainty and confusions, our
nifty levels also proved correct.
.Crude oil was also moved as per
our predictions. Hope all our
readers must have enjoyed both
side (Long as well as short posi-
bull run. Sugar, Software, auto
sector is looking attractive at
lowest levels for short term investment. Oil and gas sector may
also be kept under observations.
Selling pressure expected in
SBI, L&T, Hind oil exp, Therefore traders may take care in
above stocks. Indian rupee may
remain under pressure against
US dollars further depreciations
may take place in currency market.
Stars say that Combinations of
Mars and Ketu, Sun and Venus
may bring heavy down ward
corrections in world future market, heavy all round profit booking may be seen in commodity,
stock market. Bullion world
stock market from wall street to
Nifty Level
Nifty support levels: (1) 4466 (2) 4333 (3) 4210
Nifty Resistance levels (1) 4566 (2) 4644 (3) 4700
Investors may trade in Nifty according to these levels
tions) by using hedging tools in
future market. Stars say this
week may show yearly low levels in Indian stock market. Traders may take care in long positions in future market. Fear of
Influction data, increase in interest rates may add the fuel in
Fire. You may once again see
Mr. mark feber on TV by saying
that Indian stock market is still
expensive. My sincere suggestions that traders may carry on
day trading but mid term investors may wait further for investment buying. We shall try to
update you just before the end
of bears grip and begainng of
whether to buy on dip or go short
on bad global market clues. If
you are a day trader, work with
strict discipline of “Stop Loss”
and do not venture to carry excess load than your shoulder can
bear for even a short distance.
Well the stock look forward
would be certainly “Ranbaxy”
as the acquisition is to come
through secondary market by
Dai Ichi Sankyo for an avoidable tax problem for the promoter to avoid off market deal.
The price has to reach Rs.737/in secondary market or plus minus 2%!!! If you have enough
risk appetite close this script
very carefully!!!
Dalal street every where bears
may dominate.
I shall be very happy IF MY
THIS ADVANCE PREDICTIONS MADE ON FRIDAY(
13 TH June 2008 around
1600hrs ) GO WRONG AND
SAVE OF INVESTMENT OF
INVESTRS
CommoditiesCrude Oil: As per
stars crude oil is expected to
show volatility trend this week.
Crude oil resistance levels US$
139 to per barrel and support
levels USD 128 or 122 per barrel in world future market. Down
ward movement is expected during week. our advance predictions made in previous news letter on same web site proved correct in crude oil, Levels of crude
oil also gone as per our predictions .Hope our readers must
have taken benefit of unique
system of predictions.
Metal- Mixed movement are expected in copper, Zinc during
this week
Profit or Loss for You
Red Alert for those investors
who born in March 1978, September 1979 and September
1981, need to be Alert in big
trading since stars does not support them .
15-6-2008 to 21-6-2008
9
GOOD
LONGTERM
BET
CROMPTON GREAVES
CROMPTON GREAVES A GOOD LONG TERM BET !!!
Crompton Greaves, part of the Thapar
Group, was incorporated in 1937. It is
one of the largest players in India in the
electrical equipment and engineering
industry. The company is mainly engaged in the manufacture, distribution
and sale of electrical and electronic
equipment systems. The company
makes a wide range of transformers,
switchgear, motors, lighting products,
fans, railwaysignaling equipment, and
undertakes turnkey engineering
projects. The company is organized into
three business groups viz. Power Systems, Industrial Systems, Consumer
Products. In addition the company also
undertakes turnkey projects from concept to commissioning. Its manufacturing plants are spread across Gujarat,
Maharashtra, Goa, Madhya Pradesh and
Karnataka. Apart from the local markets
CG exports its products to countries,
which includes the Southeast Asian and
Latin American markets.
INDUSTRY OUTLOOK
The electrical equipment sector is in the
growth phase with production of motors, generators and power transformer
recorded a healthy rise. The industry
looks attractive due to large expansion
and capex plans in power sector along
with the strong growth in infrastructure
sector. The industry is also witnessing
huge surge in the export sale of motors
and generators. The present economic
scenario and upcoming budget are expected to energize the sector with the
companies in the sector are growing
both organically and inorganically
thereby lightening the future growth of
the sector. Therefore, with the enormous
potential for growth in this sector, we
are bullish on this sector in medium to
long term while betting on the company
like Crompton Greaves.
LANCO INFRATECH
LANCO INFRATECH - FASTING
GROWING INFRASTRUCTURE
SECTOR
LANCO Infratech Ltd (LITL), one of the
fastest growing corporate entities in India, has more than two decades of experience operating in the core sectors of
Power Generation, Power Trading, Construction & EPC, Infrastructure and
Property Development.
As of now, the operating capacity of
LANCO's power projects stands at 518
MW and on the pipeline are a number
of power projects to generate a total ca-
BSE Code : 500093
Current Price : Rs. 249.50
Equity : 73.31 Crore
INVESTMENT RATIONALE
"The company has tied up with Dutch
firm Lemnis Lighting for launching LED
lighting products. The alliance with
Lemnis Lighting in the area of solid-state
lighting would usher in latest technology from the house of Lemnis supplemented by the strength of Crompton
Greaves in application engineering and
integrated solutions. The use of solidstate lighting has innumerable benefits
and also addresses the issue of energy
conservation. The company alliance with
the Dutch firm will provide new state of
technology which will help the company
in strengthening its product line.
"The company through its 100% subsidiary CG International BV, Netherlands,
has acquired 40% stake in PT Pauwels
Trafo Asia, Indonesia, its joint venture
partner. This step of the company will
provide it with the complete autonomy
in working and management.
"The company turnaround strategy begins by gaining global presence by acquiring companies that had strong business expertise and were cash - starved.
The company is expected to follow the
same strategy in future by acquiring companies that are strategically fit and which
have potential to synergize the company
operations.
Sales and NP for year ended 06 - 07 were
3875.76Cr. & 313.92Cr. Sales and NP for
latest Quarter 1159.53Cr & 103.07Cr.
On YOY basis NP has increased by 67%
& based on quarter latest its increased by
47%
Dividend during year ended 06 - 07 was
80%
One can buy this stock at current price
for a gain of 50 - 60 % in medium to long
term.
BSE Code : 532778
Current Price : Rs. 351.00
Equity : 222.36 Crore
pacity of 15,000 MW by 2015.
With a proven record in integrated infrastructure development, LANCO constructs, develops and operates projects
in power, roads and other infrastructure.
The construction and EPC wing has so
far executed Rs 2,000 crore worth
projects and has an order book worth
more than Rs 7,500 crore. Notably nearly
all the construction and EPC works are
done for LANCO's power and infrastructure projects.
The construction industry is vast and
complex, calling for specialisation in
different sectors. It also calls for enormous skills to master the intricacies of
the works in the field. LANCO Infratech
Ltd (LITL), established in 1993, is one
of the few companies which have developed the art of developing diverse
projects and managing them. LITL, the
holding company of LANCO for Power,
Realty and Infrastructure sectors, intends
to leverage its expertise and experience
to exploit opportunities in this emerging sector by developing large infrastructure projects in highways, ports, bridges
and SEZs.
As part of streamlining its expanding
operations, two divisions have been created to oversee and execute Infrastructure and EPC works. The two divisions
are: Infrastructure & Construction Division and EPC Division.
LANCO's proven expertise in power en-
PRAJ INDUSTRIES
PRAJ INDUSTRIES - BUILDING ON
BIOFUELS.
Praj Industries Ltd. (Praj) is a leading
Biofuels Technology company with a
number of processes and systems for ethanol and biodiesel production to its credit.
Praj provides end-to end solutions,
backed by years of research and development, in 40 countries across 5 continents. It offers one of the largest resources to support the biofuels industry.
Praj offers innovative solutions to significantly add value in ethanol, bio-diesel and brewery technology and related
wastewater treatment systems for customers, worldwide. It provides customized
engineering and manufacturing solutions, systems and services with a strong
infrastructure in design and engineering,
which enables response to specific needs
of output in accordance with process
needs.
Praj is a knowledge-based company with
expertise and experience in bioprocesses
and engineering. The company has designed and supplied plant and equipment
for a number of industries including
Chemicals, Agrochemical, Power, Distilleries, Breweries, Fruit/Food Processing,
Pharmaceutical and Dairies. Praj is
amongst the world's single largest supplier of molasses-based distillery technology, plant and equipment.
The company's principal activity is to
manufacture turnkey plants and equipment for fermentation and distillation
systems, worldwide. Distillery (Ethanol)
plants and equipment and related wastewater treatment systems continue to form
compasses conventional as well as nonconventional sources of energy such as
gas, coal, biomass, hydro and wind. Currently generating 518 MW of power in
six operational independent power
projects, LANCO plans to have an installed capacity of more than 4000 MW
by 2010.
Sales and NP for year ended 06 - 07 were
541.7Cr & 73.1Cr. Sales and NP for latest Quarter 382.2Cr & 38.9Cr.
On YOY basis NP has increased by
648% & based on quarter latest its increased by 92%
During this correction, this scrip has
come down sharply. One can buy this
stock at current price for a gain of 50 60 % in medium term.
BSE Code : 522205
Current Price : Rs. 192.40
Equity : 36.63 Crore
more than 85% of the revenues.
Whereas, brewery and other process
equipment account for the balance 15%.
The R&D wing of Praj, dedicated to
ethanol technology, offers a competitive advantage over other players. Its
foray into biofuels technology will also
offer a sizeable potential growth, given
that most countries are major diesel consumers and nearly 60% of the incremental growth in world transport fuel is diesel-based.
Currently, revenue contribution from
the export market is likely to scale up,
owing to the increasing business opportunities in Europe and the UK, the US
and Brazil.
Opportunities in biofuels:
World ethanol production, as per industry estimates, is expected to surpass 90
billion liters by 2010. Globally, over
300 to 400 ethanol plants are likely to
be installed over the next three to four
years. Countries, which are not very
high gasoline consumers, like Peru and
Colombia in South America, Philippines
and Indonesia in Asia or even OPEC
countries like Nigeria have also announced ethanol programs, while large
users of gasoline like USA, China, Japan and EU nations, continue to promote ethanol. Thus, in order to keep
pace with the growing demand, companies, including Praj, are investing into
identifying newer energy crops like
sweet sorghum and the next frontier of
ethanol, cellulosic raw materials, new
micro-organisms, new plant models
Continue on ....10
15-6-2008 to 21-6-2008
10
Lion’s Roar Conti. from ...1
to BUY comes when the best of companies are facing bad external circumstances, even when their growth prospects
remain intact. This is the time when no
one wants to buy and that is right time to
cherry pick your stocks at very reasonable levels. I think one would do well to
watch for Sensex 14200 to 13700 levels
for picking their stocks.
STORY OF THE WEEK.
IIP Numbers are the only figures which
has been able to provide support to the
market. After the release of unexpected
figure of 7 % of April as compared 3% of
March, there was deep sigh of relief. This
helped the market bounce back from the
lows. Monetary tightening measures like
Interest rate hike and fuel price hike will
act as a sword hanging on the head of IIP
figures.
Repo Rate Hike has been made by RBI
for 25 Basis points which makes total
interest rates to 8% and makes the fund
more costly. This will tighten the supply
of funds. Costlier fund will help slow
down the demand which will help to rein
in the Inflation. This is the first time Repo
Rate has been hiked since March 2007.
This may signal further hikes in the interest rate by the RBI in coming time.
Inflation Figures again has given a hard
punch to the market it has reached a 7
year high of 8.75% v/s 8.24% last week.
Hiked prices are going to be added in the
next week so hold your hearts, big figures of inflation are awaited.
NEWS FROM CORPORATE HOUSE
- MERGERS & ACQUISITIONS.
DAIICHI ADOPTS RANBAXY - Indian
MNC Ranbaxy now has become Japanese subsidiary as DAIICHI bought the
stakes in Ranbaxy. It has bought 34.8%
stake from the promoter Singh family at
Rs.737 per share, which adds up to
Rs.10,000 cr. They are planning to add
9.4% from preferential allotments. To
increase its stake further it will have to
make an open offer in the market. This
Deal will make Indian promoters think
and may want them to sell out and take
home the cash, instead of being attached
emotionally. This deal has already
sparked a rally in the Indian pharma sector.
MTN-RELIANCE COMM - R.COMM
is the second largest mobile operator in
India and is in advance talk with MTN a
South African telecom company. If this
deal goes through successfully,
than RCOMM will be able to expand its network world wide and
will have its presence in almost
two dozen countries. This will be
a big land mark for RCOMM and
will mark its entry into the global
telecom arena.
SPICE TELE MERGES WITH
IDEA CELLULAR - Spice Communications will be merged with
Idea Cellular. First, Telekom Malaysia,
which holds more than 39% of Spice, will
buy a stake in Idea. This will be followed
by Idea buying out the Modi group's
40.8% stake in Spice and finally Spice
will merge with Idea. The price of Rs.
150 for each share of Idea was fixed as
the Birlas wanted a premium of almost
45-50% over the scrip's current price.
which gives buying breakout.
client base in America.
BUY Zuari industry 257 SL 251 Target
269-284.
It has broken out of a downward sloping
channel and managed to close above 50
DMA. Hence we recommend to buy this
stock.
Praj has also formed a joint venture with
Brazil's Jaragua Equipamentos
Industriais, a leading Brazilian engineering major, wherein Praj will hold 54%
stake. This venture will help Praj tap the
huge ethanol production market in Brazil.
TECHNICALS:
The Government's decision to blend
ethanol with petrol is a welcome move.
With sugar prices on a downturn, sugar
companies could rely to a greater extent
on byproducts such as ethanol for revenues and profits. Hence, capex in this
segment is likely to continue and will
also attract additional investment in further improving technology and infrastructure as well as in setting up appropriate processes. This would augur well
for Praj.
SENSEX and NIFTY:
Technically both Sensex and Nifty
have breached their previous lows
and are looking weak. The indicators are showing further decline.
Any rally will be sold into very aggressively. Last week we said the
formation of dark cloud cover in
the month of May in the monthly
charts of Sensex and the ongoing
downfall is a result of that formation.
Nifty strikes of 4600 and 4700 have seen
lot of call writing which will provide resistance going forward. Lot of Put
writing is visible at 4400 and 4200
strikes which will act as support to
the market. Sensex will find resistance at 15337-15572-15771. Nifty
will find it difficult to cross 4627.
Support for the Sensex will be at
14850-14215-13779. Nifty will
find support at 4414-4369-4280
WHAT TRADERS AND INVESTORS SHOULD DO?
Since the market is trading below the
critical support every rise in the market
will give selling (shorting) opportunity.
So at every resistance levels a trader
should go short and at lower levels
should cover those positions.
Traders can buy stocks in the
pharma, fertilizer and selected IT
companies and hedge their positions by selling OTM calls or adopt
Protective PUT strategy.
BUY Chambal Fertilizer 91 SL 87 Target 102-111.
It has given triangle breakout with vol-
Nearly 60% of the world's transport fuel
growth will come from diesel, which can
easily be replaced by biodiesel. This
opens up vistas of opportunity in the
biodiesel industry, especially in US and
Europe regions, which are now pursuing
biodiesel earnestly. Praj is planning to
capitalize on its presence on these regions.
Sales and NP for year ended 06 - 07 were
701.63Cr & 154.62 Cr. Sales and NP for
latest Quarter 212.62 Cr & 58.66 Cr.
umes.
SELL KARNATAKA BANK 172 SL 182
Target 160-148-134
On YOY basis NP has increased by 79 %
& based on quarter latest its increased by
117%
Dividend during year ended 06 - 07 was
99 %
During this correction, this scrip has
come down sharply. One can buy this
stock at current price for a gain of 40 - 50
% in medium term.
Market priview Conti. from ...4
LAST WEEKS HOT STOCKS:
Last week we hit BULLS eye when
we ASKED YOU TO SELL DLF
AND EDUCOMP. BOTH COLLAPSED
AND TRADERS EARNED IN MILLIONS.
DLF 518. SELL WITH THE STOPLOSS
OF 541 FOR TARGET OF 490-460.
REACHED.
EDUCOMP 3501. SELL WITH
STOPLOSS 3586 FOR TARGET OF
3280-3120. REACHED 3215.
HOT STOCKS FOR UPCOMING WEEK:
BUY Glenmark Pharma 710 SL 694 Tgt
It has formed the bearish head and shoulder which gives the sell signal.
BUZZING STOCK Conti. from ....9
which will be more energy efficient.
Praj has set up a manufacturing unit at
the Kandla Special Economic Zone
(SEZ). The commissioned area is about
75,000 sq. ft., which has a capacity to
manufacture 3500 tonnes of equipment.
The facility is equipped with state-of-theart machinery and a very high level of
automation in welding and other processes.
The SEZ facility was an outcome of the
company's pursuit of global business of
biofuels projects, which involve supply
of larger dimensioned equipment. A major benefit of this unit is its proximity to
the Port, which will in itself cut down on
transportation/logistics cost. Further, the
tax benefits availed by the company will
also boost the profit margins of PRAJ.
754-792.
Crossed strong trendline line resistance
Praj's acquisition of an US-based company, CJ Schneider, an equipment provider, is also likely to expand the PRAJ's
ducer and distributor of motion pictures, television programming, home entertainment, family entertainment and video - on - demand content. Its prestigious and prolific library of nearly
12,000 motion picture titles and television episodes is a valuable source of recurring revenue
and a foundation for the growth of the
Company’s core businesses. The Lionsgate
brand is synonymous with original, daring,
quality entertainment in markets around the
globe.
Buy this company around Rs. 60.00 & wait
for a year.buy only for long term .
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.
15-6-2008 to 21-6-2008
Madhav Ranade
(M) 09371002943 or
email :
[email protected]
You have seen the trading levels
last few weeks and how good they
worked …….. Full list covers about
60 stocks. These levels will be
available only to my yahoo group
paid members.
11
Trading levels for
16 th /20 th June
2008 . . .
period of 15/20 minutes. Also
breaching of the level in the opening / last 15 minutes of trade should
not be considered at all.
As expected we have seen a new
low on both sensex and nifty. We
Today, I have given levels for 8 may have a sharp bear market rally
stocks, 4 commodities and 5 impor- this week which could be upto
tant world indices. This should give about 4700.
you some indication about the
shape of things to come.
Please call me if you have any
Position trading entry levels as well doubts or you need levels for some
as stoplosses should be considered other stock. I am available on
or
on
as triggered when the level is con- 09371002943
sistently breached for a minimum [email protected]
Stocks
Commodities
WEEKLY SUPPORT AND RESISTANCE LEVELS
ANURAG GUPTA
MOBILE : 9255191643
SYMBOL
CLOSE
NF JUNE
4484.80
ADLAB FUTURE
551.95
ABB FUTURE
945.60
ACC FUTURE
636.10
BANKBARODA FUTURE 229.85
BEL FUTURE
1138.85
BEML FUTURE
980.40
BHEL FUTURE
1549.00
BOMDYEING FUTURE
728.90
BPCL FUTURE
266.40
CANBK FUTURE
196.30
CENTURYTEX FUTURE
590.15
CIPLA FUTURE
211.50
DABUR FUTURE
98.25
DIVISLAB FUTURE
1517.30
DRREDDY FUTURE
712.55
GAIL FUTURE
378.30
GRASIM FUTURE
2158.15
HCLTECH FUTURE
284.70
HDFC FUTURE
2130.95
HDFCBANK FUTURE
1111.70
HDIL FUTURE
570.15
HEROHONDA FUTURE
755.45
HINDUNILVR FUTURE
224.90
IDFC FUTURE
132.40
IDBI FUTURE
77.75
IFCI FUTURE
57.05
HINDPETRO FUTURE
187.70
I-FLEX FUTURE
1325.10
ICICIBANK FUTURE
760.25
INDIACEM FUTURE
161.10
INFOSYSTCH FUTURE 1868.60
IOC FUTURE
374.30
ITC FUTURE
197.00
IVRCLINFRA FUTURE
373.75
LT FUTURE
2711.80
M&M FUTURE
566.45
MARUTI FUTURE
716.50
MTNL FUTURE
94.70
NDTV FUTURE
369.75
ONGC FUTURE
835.35
ORIENTBANK FUTURE
155.90
PARSVNATH FUTURE
165.90
PRAJIND FUTURE
185.65
PUNJLLOYD FUTURE
267.00
PATNI FUTURE
238.80
RANBAXY FUTURE
567.00
RELINFRA FUTURE
1019.85
RELCAPITAL FUTURE
1126.75
RELIANCE FUTURE
2269.80
RNRL FUTURE
90.10
SATYAMCOMP FUTURE 480.35
SOBHA FUTURE
398.65
SBIN FUTURE
1315.75
TATAMOTORS FUTURE 501.95
TATAPOWER FUTURE
1255.75
TATATEA FUTURE
772.10
TCS FUTURE
898.50
TATASTEEL FUTURE
842.40
TITAN FUTURE
1070.90
UNITECH FUTURE
187.30
TATACOM FUTURE
413.65
WIPRO FUTURE
457.95
ZEEL FUTURE
218.55
FROM 16 June TO 21 June, 2008
TREND
BEARISH
BEARISH
BEARISH
BULLISH
BULLISH
BULLISH
BEARISH
BULLISH
BEARISH
BEARISH
BULLISH
BEARISH
BULLISH
BULLISH
BULLISH
BULLISH
BEARISH
BEARISH
BEARISH
BEARISH
BEARISH
BEARISH
BULLISH
BEARISH
BULLISH
BEARISH
BEARISH
BEARISH
BULLISH
BEARISH
BEARISH
BEARISH
BEARISH
BEARISH
BEARISH
BULLISH
BEARISH
BEARISH
BEARISH
BEARISH
BEARISH
BULLISH
BEARISH
BULLISH
BEARISH
BEARISH
BULLISH
BEARISH
BULLISH
BULLISH
BEARISH
BEARISH
BEARISH
BEARISH
BEARISH
BEARISH
BEARISH
BEARISH
BULLISH
BEARISH
BEARISH
BEARISH
BEARISH
BEARISH
RES2
4673.47
605.85
1016.87
681.10
255.92
1191.92
1073.47
1746.07
827.63
304.43
209.23
658.38
235.83
104.22
1675.63
750.58
395.03
2309.65
316.03
2424.98
1250.40
636.72
822.35
237.73
147.20
85.18
66.28
212.10
1455.03
804.08
172.97
2050.20
412.63
219.97
402.52
2889.93
597.35
778.17
99.57
412.88
970.85
164.97
179.30
209.95
290.33
284.60
650.63
1108.08
1243.58
2418.60
100.27
518.58
440.88
1417.92
540.65
1389.25
809.97
1012.13
907.20
1198.80
210.07
505.55
507.25
238.05
Email : [email protected]
RES1TRENDLEVEL SUPP1 SUPP2
4579.13 4455.67 4361.33 4237.87
578.90
542.95
516.00 480.05
981.23
958.17
922.53 899.47
658.60
625.30
602.80 569.50
242.88
225.97
212.93 196.02
1165.38 1118.47 1091.93 1045.02
1026.93
978.47
931.93 883.47
1647.53 1491.57 1393.03 1237.07
778.27
703.63
654.27 579.63
285.42
272.98
253.97 241.53
202.77
191.43
184.97 173.63
624.27
587.88
553.77 517.38
223.67
211.83
199.67 187.83
101.23
96.17
93.18
88.12
1596.47 1480.73 1401.57 1285.83
731.57
700.78
681.77 650.98
386.67
372.63
364.27 350.23
2233.90 2182.95 2107.20 2056.25
300.37
289.28
273.62 262.53
2277.97 2143.98 1996.97 1862.98
1181.05 1130.65 1061.30 1010.90
603.43
569.72
536.43 502.72
788.90
748.95
715.50 675.55
231.32
227.28
220.87 216.83
139.80
127.50
120.10 107.80
81.47
76.28
72.57
67.38
61.67
58.88
54.27
51.48
199.90
192.80
180.60 173.50
1390.07 1273.03 1208.07 1091.03
782.17
743.08
721.17 682.08
167.03
161.07
155.13 149.17
1959.40 1879.20 1788.40 1708.20
393.47
366.73
347.57 320.83
208.48
201.27
189.78 182.57
388.13
363.17
348.78 323.82
2800.87 2655.93 2566.87 2421.93
581.90
563.45
548.00 529.55
747.33
728.17
697.33 678.17
97.13
93.57
91.13
87.57
391.32
378.18
356.62 343.48
903.10
847.05
779.30 723.25
160.43
152.82
148.28 140.67
172.60
167.30
160.60 155.30
197.80
182.85
170.70 155.75
278.67
259.33
247.67 228.33
261.70
244.10
221.20 203.60
608.82
552.18
510.37 453.73
1063.97 1021.98
977.87 935.88
1185.17 1106.58 1048.17 969.58
2344.20 2227.60 2153.20 2036.60
95.19
88.97
83.88
77.66
499.47
482.88
463.77 447.18
419.77
403.88
382.77 366.88
1366.83 1298.92 1247.83 1179.92
521.30
493.15
473.80 445.65
1322.50 1261.25 1194.50 1133.25
791.03
777.02
758.08 744.07
955.32
903.18
846.37 794.23
874.80
833.50
801.10 759.80
1134.85 1076.05 1012.10 953.30
198.68
184.92
173.53 159.77
459.60
435.05
389.10 364.55
482.60
466.35
441.70 425.45
228.30
216.50
206.75 194.95
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.
15-6-2008 to 21-6-2008
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.
BUY NIFTY FO @ 4517
SL4460 TGT @ 4620
BEFORE JUNE 2008
SENSEX – 15189 as on
13/06 /08
Dear Friends,
Sensex has resistance at 15250
Level with highly Volatile
Market likely to gainin the next week
Trend; above which other resistance levels are at 15355 In
downside support levels are at
15150 levels; below 14900
level, other support levels are
at 14750 levels. I am negative
for next week below 14800
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. 15800 again then
the upper side target is
quite high and it may
touch 16200 before June
2008!!!
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
DIAMOND STOCKS FOR THE WEEK
1.
DCW : (18) : Buy at Rs17 levels considering minor support of Rs16 and stoploss of Rs 15 for
an upper target of Rs 23 levels. Below Rs. 15 it can slide upto RS 14 and RS 12 levels.
2.
Garware Wall : (107 ) : Operator based buying has been there in this stock. It is suggested to
buy at RS 105 with SL of RS 99 for the target of Rs 120; below RS.98 it can fall up to RS 90 88 levels. If it crosses Rs 122 level than expect non stop rally up to Rs 130
3.
Aiswarya Tele: (54) : This stock is looking very good to buy at Rs 50 with SL of RS 45 for the
target of RS 70 levels below Rs. 45 stock shall witness free fall.
4.
Prajay Engi. : (138 ) : Buy delivery of this stock at current levels with SL of Rs 132 for the
target of Rs 148 level. It is very good for long term position also.
5.
Spice Mobile: (19) : Buy at Rs.17 with SL of Rs .15 for the target of Rs .25 levels below Rs.15
it can show further fall.
6.
Ete Network : (230 ) : Technically accumulation in this stock has been at these levels. Buy at
Rs 225 with SL of RS. 220 for the target of RS 250 levels. It is very good for short to medium
term.
7.
Indus Ind Bank : (75) : Buy at Rs 72With SL of RS 70 for the target of RS.85 level. It is very
good for medium to long term investment.
8.
Nagarjuna Ferti : ( 46) : Buy at Rs 44 with SL of Rs 42 for the target of RS 55 levels. It is
very good for medium to long term investment.
9.
Bajaj Hind (172 ) : Buy at Rs .170 with SL of RS.168 for the target of RS 178 - 182 levels . It
is very good for medium to long term investment.
10. Ashiana Housing (67) : Buy delivery of this stock at current levels with SL of Rs 65 for the
target of 75 level. It is very good for long term position also.
4580Level with highly Volatile Trend, In Downside support levels are at 4460 Levels;
below4420 level, other support
levels are at 4375 levels. I am
negative for next week below
4350 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...!!!
the way we tend to be, in this
market.
NIFTY FO – 4517 as on
13.06.2008
NIFTY FO has resistance at
4560 Level ; above which
other resistance levels are at
Regarding long term positions,
it is preferable to remain cautious now...!! If NIFTY
crosses 4820 Level, again then
the upper side target is quite
high and it may touch 5050
Level before JULY –
2008...!!! Here is given Some
GLODEN STOCKS for the
week
FUTURE-PLATINUM
1
2
3
4
5
Chambal Ferti : (91) : Buy at Rs. 88 with SL of RS. 85 for
the target of RS. 100 level below Rs. 84 it can show further
downfall.
Bharat Forge : ( 261) : Buy at Rs 255 With SL of RS 250
for the target of RS 270 level below Rs.248 it can show
further downfall up to Rs. 239
Bhel : (1557 ) : Buy at Rs.1540 with SL of RS.1520 for the
target of RS 1580 -1620 levels below Rs. 1520 it can show
further downfall up to RS 1480
RPL: (180) : Buy at Rs.177 with SL of RS.172 for the
target of RS.191 levels below Rs. 170 it can show further
downfall up to Rs.165
Nagarjuna Ferti : ( 46) : Buy at Rs 44 with SL of RS 42 for
the target of RS 53 levels below Rs.41 it can show further
downfall.
SMALL SAVING STARS
1. Vaibhav James : (55) : Buy at 52 with SL of RS.50 for the
target of RS. 62.
2. IFCI: ( 57) : It is suggested to buy with SL of RS 52 for the
target of RS.65 below at RS 50 it can slip up to RS .48 level.
Crossover above Rs.68 evel will take the stock to Rs 72
3. Menon Bearing : ( 47) : Buy at Rs.45 with SL of Rs. 42 for
the target of Rs.56 levels below Rs.40 it can show further
downfall.
4. RCF : (65) : Buy at Rs.62 with SL of RS. 60 for the target of
Rs. 75 levels . It is very good for long term position also.
5. IDBI: (77 ) : Buy at Rs 75 with SL of RS 72 for the target of
Rs 85 levels below Rs.70 it can show further fall.
Try to exit at higher level.