NIFTY :: Today ....4730-4749 are Hurdles !!
Decisive crossover above 4749 with volumes and stays above for 5-10 minutes..........will take to 4792-4813.
Major Hurdle @ 4822
Support exist at 4688...break will take to 4671-4665
Wednesday, June 4, 2008
Posted by Sachin Shahane at 9:44 AM 0 comments
Labels: Intraday Calls, Nifty
Sensex will face hurdle at 16098...crossover will take to 16187 ,16247.
7DEMA- will act as major hurdle :16301
Support exist at 15989 ...Break below this level will take to 15847---15830 level.
Posted by Sachin Shahane at 9:42 AM 0 comments
Labels: Intraday Calls
News 4-Jun-08
Headlines for the day
4-Jun-08
Corporate News Headline
Infosys Technologies granted two patents in the area of holography and mobile communications by the United States Patent and Trademark Office. (BS)
ONGC won oil regulator DGH´s approval for giving stakes in its gas rich Krishna Godavari basin block to Petrobras of Brazil and StatoilHydro of Norway. (ET)
ABB India bagged orders worth Rs. 2.95 bn from JSW Energy for its 1200 MW power plant in Maharashtra. (ET)
Economic and Political Headline
The RBI has permitted Indian companies to invest in excess of 400% of their net worth in energy and natural resources sectors, such as oil, gas, coal and mineral ores to impart more flexibility in overseas investment. (BS)
India´s central bank raised capital requirements for consumer finance companies to reduce ``systemic risk´´ after the global credit market seizure pushed funding costs higher. (Bloomberg)
The US Federal Reserve Chairman Ben S. Bernanke announced that interest rates are ``well positioned´´ to promote growth and stable prices. (Bloomberg)
Posted by Sachin Shahane at 9:30 AM 0 comments
Labels: Heard On The Street
Tuesday, June 3, 2008
MCX Close 3-Jun-08
CLOSING RATE:- CRUDE:-5307,GOLD:-12154,SILVER:-23408,COPPER:-334.3,ZINC:-82.85,NICKEL:-950 .5,LEAD:-87.7,NATURAL GAS:-518.8
Posted by Sachin Shahane at 11:42 PM 0 comments
Labels: MCX
Kuwait's Oil Minister Mohammad al-Olaim said on Tuesday that the Organization of Petroleum Exporting Countries was prepared to pump more oil if the market needs it.
"OPEC is prepared to increase supplies only if the market needs it," Olaim said in statements reported by the official KUNA news agency.
Olaim, who was appointed last week, said high oil prices were not related to fundamentals of supply and demand.
Posted by Sachin Shahane at 4:59 PM 0 comments
Labels: Heard On The Street
New Horror Movies
New Horror Movies
1.Investor ki maut
2.shaitani FIIs
3. khooni nifty
4. veeran broking house
Posted by Sachin Shahane at 4:36 PM 0 comments
Labels: Fun
Prices of Fuel
Prices of Fuel in Rs terms: per litre
Venezuela: Rs 2.12
Saudi Arabia: Rs 5 per litre
United Arab Emirates: Rs 15.65 per litre
Malaysia: Rs 25.40 per litre
China: Rs 31.30 per litre
Russia: Rs 42.275 per litre
The United States: Rs 44.25 per litre
Pakistan: Rs 44.80 per litre
Canada: Rs 57 per litre
Brazil: Rs 66 per litre
Hong Kong: Rs 84.10 per litre
United Kingdom: Rs 95.50 per litre
Norway: Rs 112 per litre
Posted by Sachin Shahane at 3:15 PM 0 comments
Labels: Heard On The Street
Petrol Break Up
Find the detail break-up of the Final price of petrol available in pumps. This is a break up considering crude oil at 130 $ per barrel. Following details are for per liter petrol in Rs. Basic Price = 21.93 Excise duty = 14.35 Education Tax = 0.43 Dealer commission = 1.05 VAT = 5.5 Crude Oil Custom duty = 1.1 Petrol Custom = 1.54 Transportation Charge = 6.00 Total price = Rs 51.90 So for a Rs 22 liter petrol at pumps we people pay Rs 28 tax extra. Note: all the figures are approximate and eye opener.
Posted by Sachin Shahane at 12:52 PM 0 comments
Labels: Heard On The Street
Prime Minister Manmohan Singh yesterday, 2 June 2008 reportedly said that the government is left with no option but to hike the fuel prices in the wake of soaring global crude oil prices. However government's move to hike fuel price will face challenge from Left, and may propel inflation above 10%.
Posted by Sachin Shahane at 11:59 AM 0 comments
Labels: Heard On The Street
L&T
Larsen & Toubro declined 3.17% to Rs 2,823.29 at 10:51 IST on BSE after company said it is seeking shareholders' approval to transfer its medical equipment and systems business to a subsidiary or to sell it.
Posted by Sachin Shahane at 11:41 AM 0 comments
Labels: Heard On The Street
Keeping election in mind, chances are there that govt is going to reduce duty and taxes on petroleum products and will increase a bit of petroleum prices. Remember that govt has given subsidy to farmers and incresed tax slab, only keeping in mind ELECTIONS
Posted by Sachin Shahane at 11:38 AM 0 comments
Labels: Heard On The Street
Anu’s Laboratories Limited
Anu’s Laboratories Limited listing date & Info: Listing On: Wednesday, June 04, 2008, BSE Script Code: 532981, ISIN No. INE450H01014.
Posted by Sachin Shahane at 11:32 AM 0 comments
Labels: Heard On The Street
Buy In Parts
AT CMP / THE MENTIONED RANGE / BELOW :
BUY IN PARTS :
UNITECH @ 203-210
MCDOWELLN @ 1525-1545
RELCAPITAL @ 1100-1125
RELINFRA @ 1140-1170
ACC @ 600-625
CAIRN @ 260-265
DLF @ 556
TATAPOWER @ 1250-1265
SAIL @ 145-150
LICHSGFIN @ 295-302
HARMALAYA@ 80-84
PUNJLYOD @ 277-285
POWERGRID @ 88-92
HINDALCO @ 175-167
KOTAKBANK @ 622-635
YES BANK @ 140-125
SUZLON @ 232-247
TATAMOTORS @ 535-550
Posted by Sachin Shahane at 11:15 AM 0 comments
Labels: Delivery Call
Crude Oil Speculation
Why has crude shot up? Any answers? I dont have any,,, apart from speculation, there is nothing much which has potential to keep it there. Do you think the number of cars or other vehichles has quadrappled that makes crude justified at 130? Or have the oil suddenly dried out?
Posted by Sachin Shahane at 11:12 AM 0 comments
Labels: Heard On The Street
Intra 3-Jun-08
MCX Intraday 3-Jaun-08
GOLD BUY ABOVE 12283, SELL BELOW 12242 CMP 12267
SILVER BUY ABOVE 23442, SELL BELOW 23395 CMP 23432
CRUDE BUY ABOVE 5430, SELL BELOW 5398
Posted by Sachin Shahane at 10:58 AM 0 comments
Labels: MCX
SAIL
SAIL will open a Rs 300-crore plant in Pulwama. Construction of the steel plant will begin as soon as SAIL bags a no-objection certificate from the pollution control board of the J&K state government.
Posted by Sachin Shahane at 10:55 AM 0 comments
Labels: Heard On The Street
Sensex 3-Jun-08
Support for Sensex :-16016
Break and close below 16016 will take to 15443-15252
Sensex will face hurdle at 16235-16415
Posted by Sachin Shahane at 9:49 AM 0 comments
Labels: Intraday Calls
Nifty (Fut) needs to move above 4800 to get bullish again, or the dip may extend upto 4560. Expect bounce back there.
Posted by Sachin Shahane at 9:39 AM 0 comments
Labels: Nifty
WHERE IS THE LOSS??
petrol prices in USA has touched $ 4 a gallon or Rs 44/- per litres .. Note that In USA petrol prices are fixed daily and pegged with international crude prices . So in USA the petrol is sold @ 44 /- per litre which is lower than INDIA where it is sold @50+ level... SO still Indian govt is making profit of 10 RS per litre .. the tax component is more than 60% .. so in one hand they are taxing petrol and on other hand they are subsidising it . SO no need to flow tear for the GOVT as they still making profit on petro products
Posted by Sachin Shahane at 9:14 AM 0 comments
Labels: Heard On The Street
Godrej Properties IPO - Files for DRHP with SEBI
About Godrej Properties
Godrej Properties was established in 1990 as a real estate development company within the Godrej Group of businesses. The company was originally incorporated as Sea Breeze Constructions and Investments Private Limited on February 8, 1985. godrej properties logo
The company’s name was changed to Godrej Properties and Investments Private Limited on July 2, 1990 and subsequently to Godrej Properties Limited on November 23, 2004. Since 1897, customers have trusted Godrej to deliver innovation and excellence across a broad spectrum of services and products.
About Godrej Properties IPO Details
Godrej Properties, one of the leading real estate development companies in India, proposes to enter the capital markets to raise necessary funds for the company’s expansion plans and has filed a draft red herring prospectus with SEBI.The company proposes an initial public offering of 9,429,750 equity shares of Rs 10 each through 100% book building process to part finance this plan.
Posted by Sachin Shahane at 9:13 AM 0 comments
Labels: IPO
Nifty 3-Jun-08
NIFTY FUT CMP 4696
NIFTY WEAK BELOW AT CMP S1:-4609 S2:- 4550
NIFTY GOOD ABOVE 4720 R1:- 4750 R2:- 4810
Posted by Sachin Shahane at 9:10 AM 0 comments
Labels: Nifty
Headlines 3-Jun-08
Headlines for the day
Corporate News Headline
Axis Bank and Yes Bank securitised loans worth Rs. 10 bn that were extended to Hindustan Petroleum Corporation and Bharat Petroleum Corporation. (BS)
Jindal Steel and Power is planning to build a Rs. 50 bn thermal power plant in Orissa. (BS)
Emami made an open offer to buy up to 20% equity in Zandu Pharmaceutical Works Ltd at Rs. 7,315 per share. (ET)
Economic and Political Headline
The merchandise exports in India recorded an annual growth of 31.5% at USD 14.4 bn in the first month of this fiscal, compared with USD 10.95 bn in the same month last year, due to depreciation in the rupee and an increased demand for Indian goods in the Gulf Cooperation Countries. (BS)
India´s central bank released draft guidelines on prudential supervision of non-deposit taking, systemically important non-bank financial companies, including an increase in capital adequacy levels. (ET)
The US manufacturing activity rose to 49.6 in May from 48.6 in April as the exports continued to keep the sector afloat. (WSJ)
Posted by Sachin Shahane at 8:54 AM 0 comments
Labels: Heard On The Street
Results Declared 2-Jun-08
> Colgate Palmolive has announced its fourth quarter results. The company’s Q4 net profit was up at Rs 55.6 crore versus Rs 50.5 crore.
> Dabur Pharma has declared its consolidated results for FY08. The company’s FY08 consolidated net profit was at Rs 98.6 crore versus Rs 19.7 crore.
> Deepak Fertiliser has announced it’s Q4 FY08 results. It’s net profit was at Rs 31.3 crore versus 27.7 crore. It’s revenue was up 52% at Rs 338.8 crore versus Rs 223.4 crore.
> Educomp Solutions has announced its FY08 numbers. On the consolidated basis, It has posted net profit of Rs 70.6 crore versus Rs 28.7 crore and net sales of Rs 286 crore from Rs 110 crore.
> McLeod Russel has announced its fourth quarter numbers. It has posted net loss of Rs 97 crore for the quarter ended March 2008 and net sales of Rs 179 crore versus Rs 173 crore.
> Motherson Sumi Systems has announced its consolidated results for the quarter ended March 2008 (Q4). The company’s Q4 consolidated net profit was at Rs 64.39 crore versus Rs 45.64 crore on YoY basis.
> Nagarjuna Construction Co has declared its standalone results for the quarter ended March 2008 (Q4). The company’s Q4 standalone net profit was at Rs 52.63 crore versus Rs 13.68 crore.
> Page Industries has declared its fourth quarter numbers. It has reported Q4 net profit of Rs 4.3 crore as against Rs 3.6 crore and net sales of Rs 45 crore versus Rs 28.8 crore.
> Pricol has declared its results for the quarter ended March 2008 (Q4). The company’s Q4 net profit stood at Rs 5.25 crore versus Rs 8.22 crore.
> Punj Lloyd has announced its FY08 results. The company’s FY08 consolidated net sales were up at Rs 7,752.92 crore versus Rs 5,126.58 crore. YoY.
> PVR has announced its fourth quarter numbers. It has posted Q4 net profit of Rs 2.7 crore as against Rs 2.2 crore and net sales of Rs 56.8 crore versus Rs 42.5 crore.
> Sobha Developers has announced its FY08 and fourth quarter results. The company’s FY08 standalone net sales were up at Rs 1,422.6 crore from Rs 1,186.5 crore.
> Sun Pharma has announced its fourth quarter results. The company’s consolidated net sales were at Rs 1,257 crore.
> Tata Tea has decalred its fourth quarter results. The company’s consolidated net sales were at Rs 1176.80 crore.
Posted by Sachin Shahane at 7:20 AM 0 comments
Labels: Heard On The Street
MCX 2-Jun Close
2-Jun
CLOSING RATE:- CRUDE:-5420,GOLD(AUG):-12268,SILVER:-23439,COPPER:-334.8,ZINC:-83.9,NICKEL: -941.5,LEAD:-85.35,NATURAL GAS:-510.1
Posted by Sachin Shahane at 12:19 AM 0 comments
Labels: MCX
Monday, June 2, 2008
even if left withdraws suppot ..mulyam with 40 MPs is standing there with support letter ..so govt is not in danger ..so people who spreading news are just creating panic for vested interests...and even if this govt falls its bigger plus as NDA will come and all reforms will take place at faster pace
Posted by Sachin Shahane at 3:10 PM 0 comments
Labels: Heard On The Street
RSP have just 1 MP ..and they have withdraw from left coalition as their supporter were fired in west bengal by CPM govt ...its more of a local issue
Posted by Sachin Shahane at 2:36 PM 0 comments
Labels: Heard On The Street
both side bad news
both side bad news : if govt increase petrol price,left will challenge its support to congress,and inflation will touch 11% ,if govt dont increase the price of petrol price,oil companies will go bankrupt,and it wll be shame to congress govt,to be the first govt in which psu company go bankrupt,it will make bad remark to govt and if oil touch 140$ then rbi will take serious steps,so for a develping economy like India and china,this is tough times.dont get emotional,nifty will make its base around 3650-3800 in june or july,wait till that time.
Posted by Sachin Shahane at 2:31 PM 0 comments
Labels: Heard On The Street
Rajesh Export
Buy Rajesh Export CMP 87 TGT 110
Posted by Sachin Shahane at 2:21 PM 0 comments
Labels: MultiBaggers
Nifty
On Pullback sell nifty or mnifty
Target is 4650
Posted by Sachin Shahane at 1:54 PM 0 comments
Labels: Nifty
Nifty
We say long nifty @4885
cmp is 4785
SORRY GUYS
Due to some meeting i can't give u cover over long & short msg @4840
we will cover this
surely
sorry once again
Posted by Sachin Shahane at 1:46 PM 0 comments
Labels: Nifty
Tata Power
Tata Power Jump After our SL hits
Very Bad Luck
It make High of 1387
:(
BUT Then also always keep sl
Posted by Sachin Shahane at 12:44 PM 0 comments
Labels: Intraday Calls
Alert
ALERT :Reliance people are selling A to Z stocks...look their stocks bleeding and they know something and this is the news it will be out :This is the first time a Left party supporting the government from outside has officially written to the Prime Minister threatening withdrawal of support .This is not rumour.....Mkt will crack and its open challenge NF will crash by 150-250 points in next 48 hrs....pls avoid long................small request !!!
Posted by Sachin Shahane at 11:26 AM 0 comments
Labels: Heard On The Street
Nagarjuna Const
Nagarjuna Const wins orders worth Rs250cr
Posted by Sachin Shahane at 10:55 AM 0 comments
Labels: Heard On The Street
Spice Tele
Spice Tele
Today High 62.45
Our Tgt Completed
We give tgt of 60
Posted by Sachin Shahane at 10:37 AM 0 comments
Labels: MultiBaggers
Tata Power
Tata Power
SL hits @ 1355
Posted by Sachin Shahane at 10:11 AM 0 comments
Labels: Intraday Calls
MCX Intraday Levels
INTRADAY
GOLD SELL BELOW 877.55 S/L 882.00
SILVER SELL BELOW 16.59 S/L 16.70
CRUDE SELL BELOW 126.05 S/L 126.90
Posted by Sachin Shahane at 10:09 AM 0 comments
Labels: MCX
MCX Silver
SILVER WEEKLY LEVEL'S
SUPPORT:- 23240/23005/22770/22625/22390/22010
RESISTANCE:- 23490/23635/23860/24005/24240/24615
Posted by Sachin Shahane at 10:09 AM 0 comments
Labels: MCX
Mcx Gold
GOLD WEEKLY LEVEL'S
SUPPORT:- 12149/12069/11988/11938/11858/11727
RESISTANCE:- 12225/12280/12360/12410/12491/12620
Posted by Sachin Shahane at 10:08 AM 0 comments
Labels: MCX
Tata Power
Tata Power we boght at 1365
keep strict sl at 1355
Posted by Sachin Shahane at 10:06 AM 0 comments
Labels: Intraday Calls
Tata Power
Intraday - buy tatapower...s/l 1355
Posted by Sachin Shahane at 9:59 AM 0 comments
Labels: Intraday Calls
JPT Freeze
JPT Freeze Again
CMP 66.20
Posted by Sachin Shahane at 9:56 AM 0 comments
Labels: MultiBaggers
Nifty
NIFTY FUT CMP 4850.NIFTY FUT GOOD ABOVE 4874...NIFTY FUT WEAK BELOW 4840.
Posted by Sachin Shahane at 9:42 AM 0 comments
Labels: Intraday Calls, Nifty
News 2-Jun-08
Headlines for the day
2-June-08
Corporate News Headline
Essar Oil is planning to raise fresh debt of upto USD 5 bn through ECBs and rupee loans to fund its USD 6 bn capacity expansion programme. (ET)
L&T is planning to invest Rs. 25 bn during the current financial year to augment capacities at its growth centres. (BS)
Glenmark Pharmaceuticals received the approval from the USFDA for its diabetes drug metformin hydrochloride tablets. (ET)
Economic and Political Headline
The Inflation rose to a 45-month high of 8.1% for the week ended May 17 on account of rising prices of fruits and vegetables, pulses, spices, and some industrial fuels. (BS)
Buoyancy in agriculture has pushed the economic growth to 9%, up from 8.7% estimated earlier, even as the performance of manufacturing sector deteriorated. (BS)
The US Consumer spending, which hold 70% of the country’s GDP, increased at a seasonally adjusted rate of 0.2% in April. (WSJ)
Posted by Sachin Shahane at 9:37 AM 0 comments
Labels: Heard On The Street
Niraj Cement Structurals Limited
Niraj Cement Structurals Limited
Bid Details *
Category - No.of Shares - Offered/Reserved - No.of Shares Bid For - Oversubscription Rate
Non-Institutional Investors 438750 1759920 4.01
Qualified Institutional Buyers 1462500 N/A 0.00
Reservation 325000 1020 0.00
Retail Individual Investors 1023750 3895680 3.81
Posted by Sachin Shahane at 8:44 AM 0 comments
Labels: IPO
Friday, May 30, 2008
Inflation
Inflation rose to a 45-month high of 8.1 per cent for the week ended May 17 on account of rising prices of fruits and vegetables, pulses, spices and some industrial fuels.
The Wholesale Price Index-based inflation was 7.82 per cent a week ago and 5.3 per cent during the corresponding week last year.During the week, prices of fish marine jumped up by 6 per cent, fruits and vegetables by 3 per cent, moong 2 per cent and spices by 1 per cent.
Posted by Sachin Shahane at 3:12 PM 0 comments
Labels: Heard On The Street
ECG Compulsory
Important Announcement::::::::: SEBI HAS MADE ECG COMPULSORY WITH PANCARD FOR TRADING IN EQUITYs spcially for those who wish to trade in FNO
Posted by Sachin Shahane at 2:28 PM 0 comments
Labels: Heard On The Street
Breaking News
Confirm at your end: BREAKING NEWS: Windfall tax to be imposed on private oil companies. Very Very Negative for RIL and other Oil MAJORS.
Pressure on RIL seen
Posted by Sachin Shahane at 2:26 PM 0 comments
Labels: Heard On The Street
GSS Amreica
BAD LUCK
Our sl hits 335
on 27-May-08
BUT
SEE Now
20% up
CMP 378
Posted by Sachin Shahane at 2:24 PM 0 comments
Labels: Delivery Call
MCX LME
30-May-08
LME WAREHOUSE STOCK
COPPER -1450
NICKEL -414
ALUMINIUM -1100
ZINC +125
LEAD +1100
TIN +115
Posted by Sachin Shahane at 2:23 PM 0 comments
Labels: MCX
Colgate
Colgate's FY 2007-08 Net Sales up 14%, Net Profit from Operations up 25%; Dividend increased by 37% to Rs 13.00 / Share
Posted by Sachin Shahane at 2:17 PM 0 comments
Labels: Heard On The Street
sanur lower circut
sandur lower circut cmp 1219
hope most ppl book profit
risky players can still hold
Posted by Sachin Shahane at 2:02 PM 0 comments
Labels: MultiBaggers
LME Inventory
Due to some technical problems in LME, inventory is delayed today
Posted by Sachin Shahane at 1:55 PM 0 comments
Labels: Heard On The Street, MCX
Satyam
INTRADAY - BUY SATYAM...S/L 520
CMP 522
TGT 527-532
Posted by Sachin Shahane at 12:43 PM 0 comments
Labels: Intraday Calls
Spice....
Spice Tele 7.19% up
CMP 58.15
Zoom Barabar Zoom Barabar Zooooooooooom!
Posted by Sachin Shahane at 12:38 PM 0 comments
Labels: MultiBaggers
GDP
GDP 8.8% Vs 9.7 % yoy
Posted by Sachin Shahane at 10:56 AM 0 comments
Labels: Heard On The Street
Spice Tele
Spice Tele
3.70% up
cmp 56.4
ROCKING!!!
Posted by Sachin Shahane at 10:54 AM 0 comments
Labels: MultiBaggers
Infosys Technologies
Infosys Technologies plans to set up an Information Technology Special Economic Zone (ITSEZ) in Bhubaneswar with an estimated investment of Rs 300 to Rs 350 crore. The company has sought 50 acres of land for the project from the state government.
Posted by Sachin Shahane at 10:53 AM 0 comments
Labels: Heard On The Street
Inflation 8.01%
inflation 8.10%
Posted by Sachin Shahane at 10:52 AM 0 comments
Labels: Daily Diary, Heard On The Street
DLF
DLF Achived 1st TGT 598
Made High of 601
Near our 2nd Tgt
Always book some quantity on every tgt
and after hitting tgt
kept sl to cost (for min risk players)
Posted by Sachin Shahane at 10:51 AM 0 comments
Labels: Intraday Calls
PirLife
1st Target Hits
High Now 306
Book Some Profit Time To Time
Posted by Sachin Shahane at 10:28 AM 0 comments
Labels: Intraday Calls
Nifty Long
Long MNifty @4885
Positional Call
Target will give u later
Posted by Sachin Shahane at 10:27 AM 0 comments
Labels: Nifty
DLF
Intraday buy dlf...s/l 593
tgt 598-603
Posted by Sachin Shahane at 10:25 AM 0 comments
Labels: Intraday Calls
pirlife
buy pirlife...s/l 297
tgt 305-310
Posted by Sachin Shahane at 10:22 AM 0 comments
Labels: Intraday Calls
Rpower
RPower has got Xbonus today. CMP is 253 hence investors are getting Rs.253x3=506 per share. Thats almost 14% more than IPO price
Posted by Sachin Shahane at 10:13 AM 0 comments
Labels: Heard On The Street
JPT Freeze
JPT Frreze Again
CMP 63
Anyone can book profit here
we bought a 47
Massie 33.33% GAIN
IN 7 TRADING SESSIONS ONLY
(WE BUY ON 22-MAY-08)
Sandur CMP 1283 only reisk players hold
other pls book profit
50% profit
we bought at 925
Enjoy
Posted by Sachin Shahane at 10:08 AM 0 comments
Labels: MultiBaggers
Be Aware...
EXPECT TWO BOMBS ON DALAL STREET TODAY.INFLATION AND GDP DATA.
Posted by Sachin Shahane at 9:57 AM 0 comments
Labels: Heard On The Street, Intraday Calls
Nifty 30-May-08
Nifty(4835.30)
Once again market turned volatile and closed in the red even after positive opening and positive global cues. So still people are afraid of taking a short or medium turn view on our market. Long term view is very much optimistic. But for the short term we believe that there is no such positive surprise that is going to drive the market up again from here. For today supports are 4772, 4709 and resistances are 4864, 4927
Posted by Sachin Shahane at 9:51 AM 0 comments
Labels: Intraday Calls, Nifty
News 30-May-08
Headlines for the day
News 30-May-08
Corporate News Headline
Infosys is planning to invest Rs. 5 bn in Orissa for setting up an SEZ in IT and ITeS sectors. (ET)
Reliance Communications and South African telecom firm MTN has started to work out a deal involving swapping of equity between them. (ET)
SBI has borrowed Rs. 130 bn from the RBI amidst tight liquidity conditions and spiralling oil prices. (ET)
Economic and Political Headline
The government is planning to raise petrol and diesel prices by Rs. 3-4 a litre and Rs. 2 a litre, respectively to curtail losses of state-owned oil firms. (BS)
The government allowed infrastructure companies to raise up to USD 100 mn through ECBs for rupee expenditure under the approval route. (BS)
The US GDP rose at a seasonally adjusted 0.9% annual rate during January through March because of a better trade balance and stronger business spending. (WSJ)
Posted by Sachin Shahane at 9:49 AM 0 comments
Labels: Heard On The Street
MCX CLOSE 29-May-08
MCX CLOSING RATE 29-May-08
CLOSING RATE:- CRUDE:-5417,GOLD:-12087,SILVER:-23171,COPPER:-335.15,ZINC:-83.80,NICKEL:-94 3.50,LEAD:-82.30,NATURAL GAS:-492.50
Posted by Sachin Shahane at 9:36 AM 0 comments
Labels: Daily Diary, MCX
Thursday, May 29, 2008
Hind Zinc
Hind Zinc cuts zinc prices by Rs4000/ton
Posted by Sachin Shahane at 10:29 AM 0 comments
Labels: Heard On The Street, MCX
Freeze
Sandur and Jpt buying freeze
Sandur - 1304
JPT - 60.04
Visa Steel-62
Posted by Sachin Shahane at 9:57 AM 0 comments
Labels: MultiBaggers
Nifty View
NIFTY FUT CMP 4931..NIFTY FUT SUPPORT AREA 4880-4830.NIFTY FUT RESISTANCE 4970- 5009...INTRADAY NIFTY FUT WEAK BELOW 4902 LEVEL.& GOOD ABOVE 4940
Posted by Sachin Shahane at 9:54 AM 0 comments
Labels: Intraday Calls, Nifty
News
Indicators like foreign funds buying in both futures and options, Nifty May ending in premium, and Nifty May put-call ratio increasing to 1.29 from 1.25 point to a further rise in Indian stocks on Thursday.
Posted by Sachin Shahane at 9:50 AM 0 comments
Labels: Heard On The Street
Gold Call 29-MAy-08
GOLD BUY ON DIPS 12300, 12280 S/L 12230 TGT 12425/12525
Posted by Sachin Shahane at 9:50 AM 0 comments
Labels: MCX
Gold 29-May-08
29 MAY 08
GOLD 05 JUN
Trend Point :12422
S-1 12281 R-1 12584
S-2 12119 R-2 12725
S-3 11978 R-3 12887
Posted by Sachin Shahane at 9:49 AM 0 comments
Labels: MCX
MCX Trends 30-May-08
30-May-08 Trends
LEAD 30 MAY
Trend Point :85.80
S-1 84.50 R-1 87.65
S-2 82.65 R-2 88.95
S-3 81.35 R-3 90.80
NICKEL 30 MAY
Trend Point:969.50
S-1 947.50 R-1 989.00
S-2 928.00 R-2 1011.00
S-3 906.50 R-3 1031.00
ZINC 30 MAY
Trend Point :89.95
S-1 88.45 R-1 91.60
S-2 86.80 R-2 93.10
S-3 85.30 R-3 94.75
ALUMINIUM 30 MAY
Trend Point :124.75
S-1 122.65 R-1 126.85
S-2 120.55 R-2 128.95
S-3 118.45 R-3 131.05
COPPER 30 JUN
Trend Point :346.90
S-1 343.30 R-1 351.35
S-2 338.85 R-2 354.95
S-3 335.25 R-3 359.40
CRUDEOIL 13 JUN
Trend Point :5530
S-1 5440 R-1 5685
S-2 5285 R-2 5775
S-3 5195 R-3 5930
SILVER 05 JUL
Trend Point :24129
S-1 23784 R-1 24584
S-2 23329 R-2 24929
S-3 22984 R-3 25384
GOLD 05 JUN
Trend Point :12422
S-1 12281 R-1 12584
S-2 12119 R-2 12725
S-3 11978 R-3 12887
Posted by Sachin Shahane at 9:40 AM 0 comments
Labels: MCX
Headlines for the day
Headlines for the day
29-May-08
Corporate News Headline
Reliance Industries and Hindustan Petroleum Corporation have shown their interest in taking over three state-controlled sick sugar factories in Bihar. (ET)
Tata Motors approved a plan to raise up to Rs. 72 bn through three simultaneous rights issues to part-finance its purchase of the Jaguar and Land Rover brands for Rs 92.28 bn. (ET)
M&M has planned to invest Rs. 20 bn into its automotive business. (BS)
Economic and Political Headline
The Finance Ministry denied about new tax proposals to help ease mounting losses at state oil firms due to soaring crude prices were. (ET)
The RBI raised the interest rate ceiling on trade credits used for funding imports with maturity up to one year. (ET)
The Orders for the US durable goods excluding cars and planes unexpectedly rose 2.5% in April, signalling that international customers are helping factories ride out the economic slowdown. (Bloomberg)
Posted by Sachin Shahane at 9:40 AM 0 comments
Labels: Heard On The Street
Wednesday, May 28, 2008
MCX Close 28-May-08
MCX Close 28-May-08
CLOSING RATE:- CRUDE:-5609,GOLD:-12446,SILVER:-24271,COPPE
Posted by Sachin Shahane at 11:48 PM 0 comments
Labels: MCX
Market is Trading below its 50 DMA (4915-Nifty Fut) for consecutive 3 days, which is very bearish indication, unless Nifty Fut closes above 4920 no major covering is expected.....
Posted by Sachin Shahane at 1:38 PM 0 comments
Labels: Heard On The Street
LME STOCK COPPER: UP 1400 ZINC: UP 7000 ALUMINIUM : UP 1225 KEDIA NICKEL: DOWN -54 LEAD: DOWN -25 TIN: UP 10 28/05/2008 13:30
KEDIA: LME NET CAN. WARRANT COPPER: DOWN -1325 ZINC: DOWN -150 ALUMINIUM : DOWN -425 KEDIA NICKEL: DOWN -204 LEAD: DOWN -675 TIN: DOWN -150 28/05/2008 13:30
Posted by Sachin Shahane at 1:32 PM 0 comments
Labels: MCX
Spice Tele
Spice Tele Rocking
CMP 53
High 53.40
Our Target 60
Enjoy!!!!!!!!!!!!
Book Profit time to time
Posted by Sachin Shahane at 1:23 PM 0 comments
Labels: MultiBaggers
IOC
IOC to pay dividend of 55%
Posted by Sachin Shahane at 1:20 PM 0 comments
Labels: Heard On The Street
Unitech
Realty firm Unitech has informed the Bombay Stock Exchange that the department of telecommunications (DoT) has issued 4.4 4 MHz of spectrum in 1800 MHz GSM to the company's subsidiary to operate in Andhra Pradesh.
Posted by Sachin Shahane at 12:56 PM 0 comments
Labels: Heard On The Street
RPower
Adjustment of Futures and Options contracts in the security Reliance Power Limited (RPOWER very important) *****All existing contracts i.e. contracts with expiry dates May 29, 2008, June 26, 2008 and July 31, 2008 will expire on May 29, 2008.****Derivatives contracts on RPOWER shall be reintroduced from May 30, 2008 being the ex-date of the underlying
Posted by Sachin Shahane at 12:13 PM 0 comments
Labels: Heard On The Street
Visa Steel
visa steel is going to announce big expansion and iron ore mining ... it can be next adhunik in making ..price target is 150 and in short ternm may touch 90 in 1 month
Posted by Sachin Shahane at 11:19 AM 0 comments
Labels: MultiBaggers
GOVT LIFTS BAN ON CEMENT EXPORTS FROM GUJARAT PORTS: MOVE TO BENEFIT AMBUJA CEMENT, ULTRATECH CEMENT
Posted by Sachin Shahane at 10:48 AM 0 comments
Labels: Heard On The Street
Tata Power
Anyone can book profit at 1337
10 rs gain
others can hold with sl to cost
Posted by Sachin Shahane at 10:45 AM 0 comments
Labels: Intraday Calls
Tata Power
Tata Power Sinking..........
CMP 1339
Enjoy
Posted by Sachin Shahane at 10:34 AM 0 comments
Labels: Intraday Calls
Bajaj Financial Services
Zooming
can book profit
CMP 608
Posted by Sachin Shahane at 10:33 AM 0 comments
Labels: Intraday Calls
Bajaj Financial Services
BUY BAJAJFINSV...S/L 585
Posted by Sachin Shahane at 10:31 AM 0 comments
Labels: Intraday Calls
Tata Power
SHORT TATAPOWER...S/L 1355
CMP 1348
Posted by Sachin Shahane at 10:30 AM 0 comments
Labels: Intraday Calls
Nalco
National Aluminium Company Ltd (Nalco) to increase prices by Rs 8,000 a tonne!!!
Posted by Sachin Shahane at 10:15 AM 0 comments
Labels: Heard On The Street
Sandur
Circut open
book profit sme.............
cause circut is opening oftenly now
risky players can hold some
i also hold some :D
Posted by Sachin Shahane at 10:02 AM 0 comments
Labels: MultiBaggers
Sandur & JPT Freeze
Sandur & JPT Freeze Again.............
JPTSec 57.4
Sandur 1244
:D
Enjoy!!!!!!!!!
Book some profits also.........
Posted by Sachin Shahane at 9:56 AM 0 comments
Labels: MultiBaggers
NiftyView
Nifty Future cmp 4842.35..Nifty fut good above 4860....Nifty fut Weak below 4820.
Posted by Sachin Shahane at 9:54 AM 0 comments
Labels: Intraday Calls, Nifty
MCX - Gold & Silver Levels
MCX - Gold & Silver Levels
28-May-08
GOLD
Support
12510/12480/12450
Resistance
12635/12700/12725
SILVER
Support
24150/24000/23900
Resistance
24625/24750/24900
Posted by Sachin Shahane at 9:53 AM 0 comments
Labels: MCX
Headlines for the day - 28-May-08
28-May-08
Corporate News Headline
Tata Steel received mineral concession approvals from the Ministry of Mines for two large mines. (ET)
Reliance Communications and South Africa´s MTN Group agreed in principle to a reverse takeover. (WSJ)
Tata Communications signed a MoU with Emirates Telecommunications Corp to provide enterprise grade network services in the UAE. (ET)
Economic and Political Headline
The government is considering options like revising import duties on petroleum products, imposing cess on income tax, as well as additional oil bonds to compensate for losses suffered by oil marketing companies. (BS)
The government partly relaxed the ban on cement exports, which was imposed on April 11 this year to improve the availability of the commodity in the country. (BS)
In the first quarter, the US home prices across the country fell 14% from a year earlier as the subprime-loan meltdown weighs on the sector. (WSJ)
Posted by Sachin Shahane at 9:49 AM 0 comments
Labels: Heard On The Street
MCX Open
Open
28-May-08
SPOT/open
GOLD-905.60
SILVER-17.42
CRUDE-128.66
NOW:-
GOLD-908.80
SILVER-17 .50
CRUDE-128.80
EUR-1.5694
GBP-1.9743
JPY-104.14
Posted by Sachin Shahane at 9:06 AM 0 comments
Labels: MCX
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