31-07-2009

29-05-2009

28-07-2009

Market will once again face volatility today as the credit policy announcements will be made.

Sensex Resistance 15463-15551-15600. Support 15304-15228-15091.

Nifty Resistance 4596-4620-4636-4693. Support 4551-4528-4484-4448.

Buy Escorts 67 SL 65 Tgt 71-74.

Buy Nag Cons 140 SL 136 Tgt 147-155.

Buy Educomp 4242 SL 4161 Tgt 4302-4452.

Buy IFCI 52 SL 50 Tgt 55-58.

Buy GVK Power 44 SL 43 Tgt 46-49.

Buy Adlabs 367 SL 351 Tgt 377-388.

Buy JsW 683 SL 655 Tgt 711-742.

WEEKLY CALLS

22-07-2009

Market witnessed some profit booking at higher levels and one cannot rule out that possibility even today. Nifty will face strong resistance around 4520.

Sensex Resistance 15184-15257-15600. Support 14995-14854-14744.

Nifty Resistance 4509-4558-4586. Support 4446-4411-4365.

Buy HOEC 133 SL 128 Tgt 141-148.

Buy McDowell 962 SL 954 Tgt 996-1015.

Buy Voltas 140 SL 135 Tgt 145-151.

Buy Guj Alkali 101 SL 99 Tgt 105-112.

Buy GNFC 92 SL 90 Tgt 96-102.

Buy SRF 121 SL 116 Tgt 126-134.

Buy Sesa Goa 233 SL 226 Tgt 243-249.

Buy Punj Lloyd 231 SL 224 Tgt 238-248.

Buy Jindal Steel 2799 SL 2727 Tgt 2851-2912.

21-07-2009

Market is likely to consolidate today and the action will be stock specific.

Sensex Resistance 15257-15422-15600. Support 15119-15077-14888-14744.

Nifty Resistance 4518-4558-4586-4636. Support 4478-4448-4411-4365.

Buy HCC 107 SL 104 Tgt 112-119.

Buy HDiL 234 SL 230 Tgt 246-252.

Buy Sesa Goa 236 SL 226 Tgt 243-254.

Buy BeL 1514 SL 1482 Tgt 1545-1599.

Buy IVRCL 347 SL 335 Tgt 374-392.

Buy Unitech 82 SL 79 Tgt 87-92.

Buy IndusInd 94 SL 89 Tgt 102-110.

Buy Aban 927 SL 866 Tgt 961-1000.

Buy Moser Baer 79 SL 85-90.

17-07-2009

Once again the market will test the resistance levels today but it will be interesting to see if the market can close above resistances.

Sensex Resistance 14314-14390-14476-14526. Support 14169-14089-14016-13946.

Nifty Resistance 4275-4305-4321-4365. Support 4205-4179-4143-4092.

Buy Aban 844 SL 816 Tgt 908-975.

Buy GSPL 58 SL 56 Tgt 62-66.

Buy McDowell 920 SL 896 Tgt 954-980.

Buy Century Tex 403 SL 397 Tgt 420-436.

Buy Opto Ckt 169 SL 165 Tgt 176-181.

Buy Maruti 1142 SL 1125 Tgt 1164-1179-1208.

Buy Sun TV 232 SL 226 Tgt 240-250.

Buy NTPC 205 SL 203 Tgt 210-215.

Buy Fin Tech 1280 SL 1255 Tgt 1350-1398.

16-07-2009

Market is in a relentless pull back mode and the lack of volatility at crucial resistances is quite surprising to say the least.

Sensex Resistance 14355-14444-14526. Support 14176-14016-13933.

Nifty Resistance 4270-4303-4365. Support 4206-4187-4143.

Buy Praj 79 SL 76 Tgt 84-88.

Buy Adlabs 296 SL 287 Tgt 312-329.

Buy PFC 225 SL 217 Tgt 236-245.

Buy JP Hydro 78 SL 75 Tgt 81-85.

Buy Punj Lloyd 216 SL 212 Tgt 224-230.

Buy Torrent Power 197 SL 192 Tgt 204-215.

Buy ICSA 165 SL 162 Tgt 171-176.

Buy Bhel 2187 SL 2148 Tgt 2219-2274.

Buy Moser Baer 74 SL 71 Tgt 79-85

15-07-2009

Nifty somehow managed a strong close above the Resistance of 4092. The rally can test the levels of Nifty 4155-4185. The market is in a short covering mode and the danger will be when the short covering stops.


Sensex Resistance 13953-14028-14179. Support 13728-13633-13549.

Nifty Resistance 4145-4185-4206-4223. Support 4073-4044-4002.

Buy Adlabs 272 SL 263 Tgt 285-296.

Buy Suzlon 89 SL 84 Tgt 95-101.

Buy IDFC 134 SL 129 Tgt 139-143.

Buy Grasim 2582 SL 2526 Tgt 2610-2698.

Buy Punj Lloyd 203 SL 196 Tgt 215-224.

Buy Tulip IT 887 SL 873 Tgt 939-954-995.

Buy Aban 787 SL 744 Tgt 830-851-910

14-07-2009

Market bounced back from the Nifty low of 3919 yesterday. The Nifty might show some upside today, but sustainability at higher levels will be tough.

Sensex Resistance 13519-13611-13897. Support 13269-13219-13049.

Nifty Resistance 4022-4059-4092-4129. Support 3945-3919-3896.

Buy Tulip 867 SL 834 Tgt 892-917-954.

Buy Grasim 2448 SL 2427 Tgt 2478-2498.

Buy Axis Bank 755 SL 738 Tgt 778-812.

Buy SBI 1546 SL 1526 Tgt 1568-1598.

Buy GMR Infra 127 SL 122 tgt 131-134.

Buy HCC 95 SL 93 Tgt 99-104.

13-07-2009

Market will be continue with its short selling. Any rally intraday will be good opportunity to go short. Strategy should be to sell on rise.

Sensex Resistance 13727-14016-14179. Support 13309-13170-12822.

Nifty Resistance 4048-4092-4130. Support 3949-3877-3835.

Sell HDFC 2198 SL 2228 Tgt 2092-2018.

Sell JP Ass 186 SL 192 Tgt 178-166.

Sell Siemens 410 SL 425 Tgt 393-373.

Sell Sail 153 SL 157 Tgt 147-142.

Sell Kotak 555 SL 578 Tgt 529-501.

Sell Axis 738 SL 754 Tgt 713-698-676.

Sell RiL 1772 SL 1843 Tgt 1715-1684.

Sell ReL Infra 1028 SL 1055 Tgt 984-909.

Sell ReL Cap 742 SL 764 Tgt 708-676.

Sell RNRL 72 SL 78 Tgt 67-63.

Sell L&T 1356 SL 1381 Tgt 1327-1245.

WEEKLY CALLS

For the week ahead the Resistance is at 13727-14016-14526. Support is at 13170-12558-12169.


For the week ahead, the Resistance is at 4092-4143-4361. Support is at 3877-3790-3657


SELL JP ASSO. CMP 186 SL 193 TGT 178-166

SELL SIEMENS CMP 410 SL 425 TGT 393-373

SELL R.CAPITAL CMP 742 SL 764 TGT 708 - 676

SELL AXIS BANK CMP 738 SL 754 TGT 713-676

SELL HDFC CMP 2198 SL 2261 TGT 2093-2018

SELL ACC CMP 755 SL 763 TGT 748-738-728

SELL ITC CMP 207 SL 212 TGT 203-197-188

SELL HINDALCO CMP 72 SL 82 TGT 69-63

SELL LIC HSG. CMP 596 SL 579 TGT 572-564

09-07-2009

Market will show minor bounce today in the early part of the day but the sustainability over that remains a question mark. The markets have broken crucial supports and Nifty is on its way to first target of Nifty - 3847 over the next few days.

Sensex Resistance 13835-13947-14016-14179. Support 13701-13633-13518-13479.

Nifty Resistance 4105-4142-4173-4204. Support 4061-4044-4019-3919.

Buy IOC 561 SL 552 Tgt 571-580.

Buy BPCL 465 SL 453 Tgt 478-488.

Buy Tata Power 1082 SL 1071 Tgt 1103-1127.

Buy Sesa Goa 189 SL 185 Tgt 194-201.

Buy Century Tex 397 SL 385 Tgt 411-416.

Buy BemL 1000 SL 970 Tgt 1050-1072.

At Higher Levels One Can Short

Sell RCom 255 SL 266 Tgt 243-238.

Sell ReL Infra 1074 SL 1120 Tgt 1052-1013.

Sell Tata Steel 362 SL 371 Tgt 352-342.

Sell Cairn 206 SL 210 Tgt 200-191.

Sell DLF 283 SL 295 Tgt 276-264.

08-07-2009

Markets will follow the global weakness and test the support of Nifty 4092. Closing below this will pave the way for the more weakness.

Sensex Resistance 14287-14355-14526. Support 13959-13830-13611.

Nifty Resistance 4249-4270-4365. Support 4133-4092-4019.

Sell Rel Cap 829 SL 845 Tgt 787-750.

Sell RCom 264 SL 282 Tgt 254-238.

Sell Rel Infra 1157 SL 1186 Tgt 1107-1095.

Sell Tata Steel 396 SL 404 Tgt 381-371.

Sell Tata Motors 280 SL 287 Tgt 271-261.

Sell HDFC Bank 1427 SL 1451 Tgt 1377-1347.

Sell HDFC 2361 SL 2397 Tgt 2261-2213.

At Lower Levels Buy

Buy ITC 211 SL 205 Tgt 216-223.

Buy Gail 324 SL 312 Tgt 332-341.

Buy IRB 174 SL 162 Tgt 179-185.

07-07-2009

Thanks a lot to all my students for Guru Purnima wishes. May you achieve great heights and success.

Today any recovery will be facing strong selling pressure. So short at higher levels.

Sensex Resistance 14202-14363-14469. Support 13875-13479-13342.

Nifty Resistance 4236-4292-4333-4365. Support 4092-3847-3616.

Sell RCom 269 SL 282 Tgt 259-246-235.

Sell Rel Cap 834 SL 860 Tgt 795-773.

Sell Tata Motors 282 SL 294 Tgt 271-253.

Sell L&T 1464 SL 1537 Tgt 1402-1370-1318.

At Lower Levels one can Buy:

Buy ITC 197 SL 192 Tgt 205-210.

Buy Gail 314 SL 304 Tgt 323-330.

Buy Titan 1233 SL 1196 Tgt 1265-1279.

WEEKLY CALLS

Jenburkt Pharmaceuticals Ltd.

Jenburkt Pharmaceuticals Ltd.
BSE Code: 524731
Last Close: Rs.27
Jenburkt Pharmaceuticals Ltd. (JPL), a diversified venture into healthcare and pharmaceuticals was formed in 1985 by the Bhuta family. It manufactures & markets speciality and high quality pharmaceutical formulations and healthcare products. The company has state-of-the-art manufacturing plants at Sihor in Gujarat. It has adequate capacities for manufacturing
world-class pharmaceuticals and healthcare products. JPL has an equity of Rs.4.65 cr. in which the promoters hold 41.67% and the investing public holds 53.47%. For Q4FY09, it reported a net profit of Rs.1.33 cr. against Rs.60 lakh in FY08 and declared 18% dividend. At current levels,
the stock is available cum dividend. The company has announced 25 July 2009 as book closure for dividend right. Buy with a stop loss of Rs.23. On the upper side, the stock will go up to Rs.32-35 levels in coming days.

Flex Foods Ltd.

Flex Foods Ltd.
BSE Code: 523672
Last Close: Rs.26
Flex Foods Ltd. (FFL) is a 20% dividend paying company, part of the Flex Group comprising Flex Industries Ltd., FlexEngineering Ltd. and other companies involved in packaging and IT business with a total turnover of Rs.140 cr. ($300million).The company is into agro based value added food products catering to the overseas markets in Europe, USA, Canada and the Middle East. It started commercial operations in 1992 by establishing a 100% EOU for vacuum freeze dried vegetables mainly mushroom and culinary herbs with a total processing capacity of 2000 TPA.The company also deals in canned mushroom under the brand 'Chef's Choice'. Recently, it embarked on a major expansion programme by installing world class manufacturing facilities for IQF and air-dried mushrooms, culinary herbs and fruits & vegetables. The company’s equity is Rs.12.44 cr. and promoters hold 58.99% stake while the investing public holds the balance 37.62%. For FY09, FFL posted a net profit of Rs.8.42 cr. against Rs.7 cr. in FY08 and recorded an EPS of Rs.6.77. At current levels, the FFL stock is available dirt cheap at a P/E ratio of just 3.7 with a good dividend yield. Buy for shortterm investment with stop loss of Rs.22. On the upper side, the stock will go up to Rs.31-35 level in coming days.