Sell Copper Jun-08 @ 348.85 Target 345.25 Stop loss 351.7

nifty stop loss hits @5070

:(

Sandur

sandur will have eps of 700+ in this year so price could be 3000-4000 .... its @929

Assam Company

upper Circut @38.25
Enjoy

oops! reliance breaks 2600...
market may fall further
:(

nifty not cracking down, taking support near 5085, anyone can recover our shorts at tht level & long with sl of 5070 tgt will be 5130
volatile market, be cautions

Pharma Sector got boost in budget, don't forgot to buy Wockhardt Pharma

:D

if reliance breaks 2600 then further more RED

China 5.3% dn... Heng Seng down 700 pts.... be cautious..as our mkts lacklusture

Here we describe out nifty view

Sell Nifty @ 5095 with SL of 5105 TGT 5070 intra basis

Bank of Baroda

Bank of Baroda Q4 profit at Rs276cr (up 13%) and total income at Rs3890cr (up 27%)

CRUDE BUY ABOVE 5385 SELL BELOW 5356 cmp 5380

DSP ML Top 100 Equity Fund

50% Dividend Declared in DSP ML Top 100 Equity Fund
Record Date 23-May-08

Gold Levels - 20-May-08

Gold Resistance:12431, 12481, 12511, 12551
Supports: 12385, 12331, 12300, 12265, 12210

Garden Silk Mills

Garden Silk Mills is planning to double its capacity.
Garden Silk Mills will invest Rs 350 crore for the expansionl.
According to the capex plan, Garden Silk Mills will double the existing
capacities of 700 tonnes per day of polyester chips, 300 tonnes per day of
partially oriented yarn (POY) and 120 tonnes per day of polyester textured
yarn (PTY).

Parsvnath Developers

Parsvnath Developers, may bag the development rights for one of India’s biggest, the Rs 1,850-crore Nanocity to come up in Panchkula near Chandigarh. The project, spread over 11,138 acres, being jointly promoted by Hotmail founder Sabeer Bhatia and the Haryana State Industrial and Infrastructure Development Corporation (HSIIDC), is modelled on the Silicon Valley and will come up in two phases. The knowledge city will deal in future technologies like nano-technology, biosciences, software product development, next generation Internet products, materials research and energy.

Wockhardt Pharma

Wockhardt Pharma
Start Accumulating CMP 307 Sl 285 TGT is Good in Coming Days.Be Patient wid this stk

Educomp Solutions

Educomp Solutions acquires 51% stake in Learning.com, USA

MRO-TEK

Buy MRO-TEk CMP 79 TGT 125 Short term

BSEL Infrastructure Realty Ltd

Heard On The Street
20-May-08

BSEL Infrastructure Realty Ltd has signed an MOU with Federal Government's Statutory body Iskandar Regional Development Authority (IRDA) wherein BSEL has committed to make investment in Iskandar Malaysia to the tune of Malaysian Ringgit Fifteen Billion (equivalent to Rupees 18000 Crores) over a period of twelve years. BSEL has collaborated with IRDA to develop Iskandar Malaysia, designed to be Southern Peninsular Malaysia's most developed region

20-May-08-Headlines for the day

Headlines for the day

Corporate News Headline
Ranbaxy Laboratories started operations in Yemen by tying up with a local firm, Pharma to strengthen its presence in the Middle-East. (ET)
Reliance Communications received a Rs. 30 bn loan from China Development Bank to build a nation-wide GSM footprint for the telephony major. (ET)
Tech Mahindra bagged a USD 700 mn contract from British Telecom for transforming and improving its IT estate or infrastructure. (ET)

Economic and Political Headline
The WPI based inflation for the week ended May 3 rose to 7.83% compared to 5.74% during the corresponding week in the previous year as the prices of coffee, maize, fruit and vegetable, cardamom, and spices rose. (BS)
The All-India Consumers Price Index number for agricultural and rural labourers for April 2008 increased six points each to stand at 429 points for both the series. (BS)
The index of leading US economic indicators rose 0.1% in April due to seven consecutive reductions by the Federal Reserve in the benchmark interest rate and its efforts to pump more money into the banking system. (Bloomberg)

Assam Company

Buy Assam Company Target 60 in short term

MCX may postpone its IPO

Multi Commodity Exchange (MCX) is still not decided on the public issue following the uncertain conditions prevailing in commodity futures markets in India following the ban on certain commodities. It may postpone the IPO thanks to ban in futures trading in some commodities and the likely introduction of the commodities transaction tax.
MCX had planned to raise Rs 500 crore through the proposed issue.