- Gross tax receipts seen up 24% yoy to Rs9.32lakh crores
- Non-tax revenue seen at Rs1.25lakh cr in FY2012
- Fiscal deficit down from 5.5% to 5.1%. Target of 4.6% for FY2012 - positive for markets
- FY2013 fiscal deficit target of 4.1%
- Increase in income-tax exemption limit from Rs1,60,000 to Rs1,80,000
- Senior citizen age decreased from 65 to 60. Exemption limit increased to Rs2,50,000 from Rs2,40,000
- Surcharge on companies reduced from 7.5% to 5% - positive for tax-paying companies
- Investment link deduction for fertiliser companies, Positive for all fertiliser companies
- Branded Jewellery to attract additional 1% excise duty, Negative for Titan
- Micro-irrigation equipment to have lower excise of 5% from 7.4%, Positive for Jain Irrigation
- Central excise duty retained at 10%, Positive for Automobile sector
- Export duty on iron ore, Current - 15% on lumps and 5% on fines, Proposed - 20% on both lumps and fines, Negative for exporting miners - Sesa Goa and NMDC
- Change in excise with AD valorem duty, Negative for South based cement players - India Cement and Madras Cement
- Excise duty exemption on equipments for UMPP - Positive for capital goods sector
- No excise duty on equipment (UMPP), Positive for private players
Custom Search
Monday, February 28, 2011
Budget 2011 Highlights5
Budget 2011 Highlights4
- Higher production land allocated for Palm oil production - positive for HUL & Godrej Consumer; nutri seeds and fodder production - positive to bring down raw material inflation for FMCG companies
- Fertilizer capex given status of infrastructure - positive for existing fertilizer companies
- Plan to introduce Food Security Bill in FY2012
- Allocation to Bharat Nirman increased to Rs58,000cr, an increase of 20.8% over FY2011
- Increased Infrastructure fund to Rs214,000cr up by 23.3%, Positive for Cement Sector
- Increase in wages under NREGA - positive for FMCG companies as it results in higher spending power for rural consumers
- Increased allocation for Accelerated Irrigation Programme - positive for companies providing irrigation solution viz. Jain Irrigation, EPC
- Education sector allocated Rs 52,057cr for FY2012 - to boost business opportunities for IT-education companies
Budget 2011 Highlights3
- To give 3% interest subsidy to farmers in FY2012 from 2% in FY2011
- Rashtriya Kisan Vikas Yojana allocation increased from Rs6,755cr to Rs7,860cr. Allocation to green revolution in Eastern India increased by Rs400cr. Additional Rs300cr to promote pulses, oilseed and vegetable cultiation each respectively.
- Positive for agri input companies like United Phosphorus.
- Rs2.14 lakh crore allocation for Infra sector - increase of 23.3% over FY2011
- NABARD to receive additional Rs10,000cr for rural credit
- Cold storage now eligible for viability gap funding and receives infrastructure status
- Rs2.14lakh cr provided for infra development which accounts for 48.5% of the total plan expenditure, an increase of 23.3% over last year. Higher than expectation of Rs2.04lakh cr. Positive for infra sector
- Infra status given for cold storage chains. Positive for companies like Gateway Distriparks and Container Corp.
Budget 2011 Highlights2
- Rs6000cr allocation for improving tier-I CAR of PSU banks - positive for PSU banks
- Increase in Rural Infrastructure fund from Rs16,000cr to Rs18,000cr
- SIDBI to receive additional Rs5,000cr shortfall from banks
- SIDBI to receive additional Rs5,000cr shortfall from banks that missed priority sector lending norms, Positive for irrigation companies and farmers
- Housing sector - 1% on housing loan subvention, +ve for cement sector
- Priority sector home loan limit hiked to Rs25lakhs from Rs20lakhs
- Increased housing finance for rural areas, Positive for cement sector
- Interest subvention of 1% on housing loan increased from Rs10lakh to Rs15lakh - postive for mid-income housing - benefit to developers like HDIL, Godrej Properties
- Increased investment in Infra Corporate Bonds to FII - postive for infra, cement and banks
- Credit flow to farmer increased from Rs3.75lakh crores to Rs4.75lakh crores for FY2012. Positive for agri-input companies (United Phosphorus)
Budget 2011 Highlights
- See FY2011 farm growth at 5.4%, GDP growth at 8.6%-FM
- FY2011 industrial growth seen at 8.1% and Services at 9.6%
- GDP growth seen at 8.75-9.25% in FY2012
- Preparation for GST rollout in final stages-FM
- Mulling nutrient-based subsidy policy for urea-FM
- Domestic Mutal Funds to have access to foreign investors, positive for ICICI Bank and HDFC Bank
- Govt plans to move towards direct cash transfer of subsidies to people. Expect systems to be ready by Mar 12
- Expect to introduce constitutional bill for introduction of GST Bill. Positive for retail sector, top pick- Pantaloon Retail
- FY2012 divestment target at Rs40,000cr
- FII investment in corporate bonds hiked to US $ 40Bn - Positive for Banks
Friday, February 25, 2011
FII DII DATA 25/02/2011
FII Data: Net Index Futures (-497 cr), Net Stock Futures (-286 crs), Derivative Market: Total Open Interest (Rs 1,61,980 cr), Stock Futures Open Interest (Rs 34,006 cr)
Indian ADRs Update 25/02/2011
Indian ADRs Update : INFOSYS Up 0.0 (0.0%), WIPRO Down 0.0 (1.%), ICICI BANK Down 1.1 (2.4%), HDFC BANK Down 2.7 (1.8%)
Global Markets update 25/02/2011
Global Markets update: DJIA Down 37 (0.3%) NSDQ Up 14 (0.6%) FTSE 100 Down 3.6 (0.1%) Asian Markets as on 8.45 AM NIKKEI Up 22 (0.2%) HANG SENG Up 251 (1.1%) SGX NIFTY Up 30
Wednesday, February 23, 2011
FII DII DATA 23/02/2011
FII Data: Net Index Futures (-1129 cr), Net Stock Futures (-54 crs), Derivative Market: Total Open Interest (Rs 11,60,672cr), Stock Futures Open Interest (Rs35,930cr)
Indian ADRs Update 23/02/2011
Indian ADRs Update : INFOSYS Down 2.0 (2.8%), WIPRO DOWN 0.1 (0.4%), ICICI BANK Down 1.0 (2.2%), HDFC BANK DOWN 5.3 (3.5%)
Global Markets update 23/02/2011
Research & Investment Advisory: Global Markets update: DJIA DOWN 179 (1.4%) NSDQ DOWN 78 (2.7%) FTSE 100 DOWN 18 (0.3%) Asian Markets NIKKEI Down 21 (0.2%) HANG SENG UP 49 (0.21%) SGX NIFTY Down 26
BANKNIFTY FOR SUPPORT 23/02/2011
BANKNIFTY (2nd Resistance) 11105.38
(1st Resistance) 10972.77
Pivot point 10867.38
(1st Support) 10734.77
(2nd support) 10629.38
NIFTY FOR SUPPORT 23/02/2011
NIFTY (2nd Resistance) 5564.68
(1st Resistance) 5517.52
Pivot point 5472.83
(1st Support) 5425.67
(2nd support) 5380.98
Wednesday, December 29, 2010
Bartronics spurts on securing members nod for fund raising 29/12/2010
The announcement was made after market hours on Tuesday, 28 December 2010.
Meanwhile, the BSE Sensex was up 64.70 points, or 0.32% to 20,090.12
On BSE, 9.09 lakh shares were traded in the counter
The stock hit a high of Rs 96.25 and low of Rs 92.80 so far during the day. The stock had hit a 52-week high of Rs 187.05 on 8 February 2010 and a 52-week low of Rs 72.10 on 20 December 2010.
The company has an equity capital of Rs 34.05 crore. Face value per share is Rs 10.
Bartronics Indias shareholders at an annual general meeting held on 28 December 2010 approved raising funds through global depository receipts or American depository receipts or foreign currency convertible bonds or foreign currency exchangeable bonds, or any such instrument.
Bartronics Indias consolidated net profit declined 53% to Rs 16.54 crore on 28.20% rise in net sales to Rs 224.09 crore in Q2 September 2010 over Q2 September 2009.
Meanwhile, the BSE Sensex was up 64.70 points, or 0.32% to 20,090.12
On BSE, 9.09 lakh shares were traded in the counter
The stock hit a high of Rs 96.25 and low of Rs 92.80 so far during the day. The stock had hit a 52-week high of Rs 187.05 on 8 February 2010 and a 52-week low of Rs 72.10 on 20 December 2010.
The company has an equity capital of Rs 34.05 crore. Face value per share is Rs 10.
Bartronics Indias shareholders at an annual general meeting held on 28 December 2010 approved raising funds through global depository receipts or American depository receipts or foreign currency convertible bonds or foreign currency exchangeable bonds, or any such instrument.
Bartronics Indias consolidated net profit declined 53% to Rs 16.54 crore on 28.20% rise in net sales to Rs 224.09 crore in Q2 September 2010 over Q2 September 2009.
Gayatri Projects builds on new order win 29/12/2010
Shares of Maytas Infra surged 4.16% to Rs 185.10.
Gayatri Projects announced the new order win during trading hours today, 29 December 2010.
Meanwhile, the BSE Sensex was up 91.55 points, or 0.46%, to 20,116.97.
On BSE, 36,184 shares were traded in the counter compared with average volume of 28,698 shares over the past two weeks.
The stock hit a high of Rs 339 and a low of Rs 320.40 so far during the day.
Gayatri Projects net profit rose 6.7% to Rs 11.74 crore on 12% rise in net sales to Rs 280.48 crore in Q2 September 2010 over Q2 September 2009.
Gayatri Projects announced the new order win during trading hours today, 29 December 2010.
Meanwhile, the BSE Sensex was up 91.55 points, or 0.46%, to 20,116.97.
On BSE, 36,184 shares were traded in the counter compared with average volume of 28,698 shares over the past two weeks.
The stock hit a high of Rs 339 and a low of Rs 320.40 so far during the day.
Gayatri Projects net profit rose 6.7% to Rs 11.74 crore on 12% rise in net sales to Rs 280.48 crore in Q2 September 2010 over Q2 September 2009.
Ambuja Cements allots equity shares 29/12/2010
The committee of Ambuja Cements in its meeting on 17 December 2010 has allotted 3,000 equity shares of face value of Rs. 2 each out of the shares kept in abeyance in the rights issue of 1992.
Further, the committee has allotted 11,77,200 equity shares on exercise of the stock options by the employees under ESOS.
Further, the committee has allotted 11,77,200 equity shares on exercise of the stock options by the employees under ESOS.
Opto Circuits (India) to announce Q3 results 29/12/2010
The board meeting of Opto Circuits (India) will be held on 18 January 2011 to consider the un-audited financial results of the company for the quarter ending 31 December 2010 (Q3).
KPIT Cummins spurts after bulk deal 29/12/2010
Meanwhile, the BSE Sensex was up 44.86 points, or 0.22% at 20,070.28
A bulk deal of 7.94 lakh shares was executed on the KPIT Cummins Infosystems stock at Rs 144.30 per share at 09:18 IST on the BSE.
On BSE, 9.44 lakh shares were traded in the counter. The stock hit a high of Rs 148.95 and a low of Rs 142.95 so far during the day.
KPIT Cummins Infosystems consolidated net profit rose 22.67% to Rs 23.75 crore on 13.98% increase in net sales to Rs 234.95 crore in Q2 September 2010 over Q1 June 2010.
A bulk deal of 7.94 lakh shares was executed on the KPIT Cummins Infosystems stock at Rs 144.30 per share at 09:18 IST on the BSE.
On BSE, 9.44 lakh shares were traded in the counter. The stock hit a high of Rs 148.95 and a low of Rs 142.95 so far during the day.
KPIT Cummins Infosystems consolidated net profit rose 22.67% to Rs 23.75 crore on 13.98% increase in net sales to Rs 234.95 crore in Q2 September 2010 over Q1 June 2010.
Tuesday, December 28, 2010
Surya Pharmaceutical acquires ActivOn 28/12/2010
Surya Pharmaceutical has acquired ActivOn, a leading OTC analgesic drug brand in the USA, with global marketing rights. The brand comes with the acquisition of Ameshire Investment Corp, USA through its 100% subsidiary based out of Singapore. The company has funded the investment of US$ 22 million through a mix of internal accrual and debt financing from EXIM Bank.
ActivOn is a leading OTC analgesic brand in the topical analgesic category in the US market, It is used to provide relief of joint and muscle pain associated with arthritis, backache, strains, bruises and sprains. Through the acquisition, the company also adds to its portfolio brands namely, Preferon, Firston and Renewin. The company would also have the global marketing rights for Headon another leading brand, except USA.
The company made this announcement during the trading hours today, 28 December 2010.
ActivOn is a leading OTC analgesic brand in the topical analgesic category in the US market, It is used to provide relief of joint and muscle pain associated with arthritis, backache, strains, bruises and sprains. Through the acquisition, the company also adds to its portfolio brands namely, Preferon, Firston and Renewin. The company would also have the global marketing rights for Headon another leading brand, except USA.
The company made this announcement during the trading hours today, 28 December 2010.
Lanco Infratech gains on plans to hive off power business 28/12/2010
Meanwhile, the BSE Sensex was up 6.43 points, or 0.14%, to 20,035.36.
On BSE, 1.60 lakh shares were traded in the counter compared with the average volume of 6.54 lakh shares in past one quarter.
The stock hit a high of Rs 64.70 and a low of Rs 62.80 so far during the day. The stock had hit a 52-week high of Rs 74.70 on 24 August 2010 and a 52-week low of Rs 40.80 on 5 February 2010.
The large-cap stock had underperformed the market over the past one month till 27 December 2010, rising 1.72% compared with the Sensexs return of 4.66%. It had also underperformed the market in past one quarter, declining 9.06% as against 0.44% fall in the Sensex.
The company has an equity capital of Rs 240.78 crore. Face value per share is Re 1.
As per reports, Lanco Infratech has an operational power generation capacity of 2,100 megawatts (MW) under eight special purpose vehicles (SPVs). It plans to raise its capacity to 4000 MW by 2011 and subsequently to 15000 MW by 2015, reports added.
Lanco Infratech is primarily into power and road projects with the power business currently accounting for over half of the companys revenue.
Lanco Infratechs consolidated net profit declined 42.5% to Rs 70.45 crore on 6% rise in net sales to Rs 2041.74 crore in Q2 September 2010 over Q2 September 2009.
On BSE, 1.60 lakh shares were traded in the counter compared with the average volume of 6.54 lakh shares in past one quarter.
The stock hit a high of Rs 64.70 and a low of Rs 62.80 so far during the day. The stock had hit a 52-week high of Rs 74.70 on 24 August 2010 and a 52-week low of Rs 40.80 on 5 February 2010.
The large-cap stock had underperformed the market over the past one month till 27 December 2010, rising 1.72% compared with the Sensexs return of 4.66%. It had also underperformed the market in past one quarter, declining 9.06% as against 0.44% fall in the Sensex.
The company has an equity capital of Rs 240.78 crore. Face value per share is Re 1.
As per reports, Lanco Infratech has an operational power generation capacity of 2,100 megawatts (MW) under eight special purpose vehicles (SPVs). It plans to raise its capacity to 4000 MW by 2011 and subsequently to 15000 MW by 2015, reports added.
Lanco Infratech is primarily into power and road projects with the power business currently accounting for over half of the companys revenue.
Lanco Infratechs consolidated net profit declined 42.5% to Rs 70.45 crore on 6% rise in net sales to Rs 2041.74 crore in Q2 September 2010 over Q2 September 2009.
Gujarat NRE Coke allots equity shares & warrants 28/12/2010
The committee of Gujarat NRE Coke in its meeting on 27 December 2010 has allotted 6 crore convertible warrants to promoters/ promoter group company on preferential/ private placement basis at Rs. 62.50 per share.
Further, the committee has allotted 1,02,525 equity shares of Rs. 10 each and 10,252 B equity shares of Rs. 10each (towards bonus) under Employee Stock Option Scheme, 2005.
Consequently, the paid-up capital of the company has increased from Rs. 557.86 crore to Rs. 557.97 crore.
Further, the committee has allotted 1,02,525 equity shares of Rs. 10 each and 10,252 B equity shares of Rs. 10each (towards bonus) under Employee Stock Option Scheme, 2005.
Consequently, the paid-up capital of the company has increased from Rs. 557.86 crore to Rs. 557.97 crore.
BF Utilities extends gains on signing Rs 500-crore FDI for unit 28/12/2010
The announcement was made after market hours on Friday, 24 December 2010. Boosted by the announcement, the stock had jumped 7.65% to Rs 908.90 on Monday, 27 December 2010.
Meanwhile, the BSE Sensex was up 28.14 points, or 0.14%, to 20,057.07
On BSE, 2.92 lakh shares were traded in the counter as against an average daily volume of 1.68 lakh shares in the past one quarter.
The stock hit a high of Rs 940 and a low of Rs 906 so far during the day. The stock had hit a 52-week high of Rs 1431.80 on 7 January 2010 and a 52-week low of Rs 652 on 10 December 2010.
The mid-cap firm has an equity capital of Rs 18.83 crore. Face value per share is Rs 5.
On Friday, 24 December 2010, BF Utilities said the board of directors of the company and its subsidiary Nandi Economic Corridor Enterprises (NECE) have approved the proposal and signed definitive agreements for raising funds through a potential issue of equity shares and compulsory convertible preference shares for a minority stake in NECE.
The objective of the fund raising is to augment NECEs equity resources required for part financing the project cost for the implementation of phase I of the Bangalore Mysore Infrastructure Corridor Project, BF Utilities added.
BF Utilities net profit fell 19% to Rs 2.48 crore on 7.90% decline in net sales to Rs 8.59 crore in Q4 September 2010 over Q4 September 2009.
Meanwhile, the BSE Sensex was up 28.14 points, or 0.14%, to 20,057.07
On BSE, 2.92 lakh shares were traded in the counter as against an average daily volume of 1.68 lakh shares in the past one quarter.
The stock hit a high of Rs 940 and a low of Rs 906 so far during the day. The stock had hit a 52-week high of Rs 1431.80 on 7 January 2010 and a 52-week low of Rs 652 on 10 December 2010.
The mid-cap firm has an equity capital of Rs 18.83 crore. Face value per share is Rs 5.
On Friday, 24 December 2010, BF Utilities said the board of directors of the company and its subsidiary Nandi Economic Corridor Enterprises (NECE) have approved the proposal and signed definitive agreements for raising funds through a potential issue of equity shares and compulsory convertible preference shares for a minority stake in NECE.
The objective of the fund raising is to augment NECEs equity resources required for part financing the project cost for the implementation of phase I of the Bangalore Mysore Infrastructure Corridor Project, BF Utilities added.
BF Utilities net profit fell 19% to Rs 2.48 crore on 7.90% decline in net sales to Rs 8.59 crore in Q4 September 2010 over Q4 September 2009.
Tuesday, December 14, 2010
INDIAN ADRS UPDATE 14/12/2010
INFOSYS Up 0.69 (0.99%), WIPRO Down 0.13 (0.89%), ICICI BANK Up 0.25 (0.51%), HDFC BANK Down 0.85 (0.51%), MTNL Down 0.07 (2.83%)
BANKNIFTY FOR SUPPORT 14/12/2010
BANKNIFTY (2nd Resistance) 11794.97
(1st Resistance) 11683.23
Pivot point 11488.27
(1st Support) 11376.53
(2nd support) 11181.57
(1st Resistance) 11683.23
Pivot point 11488.27
(1st Support) 11376.53
(2nd support) 11181.57
NIFTY FOR SUPPORT 14/12/2010
NIFTY (2nd Resistance) 6093.15
(1st Resistance) 6013.05
Pivot point 5904.9
(1st Support) 5824.8
(2nd support) 5716.65
(1st Resistance) 6013.05
Pivot point 5904.9
(1st Support) 5824.8
(2nd support) 5716.65
Thursday, November 25, 2010
BUY MUNDRAPOR 25/11/2010
BUY MUNDRAPOR(532921) : 142.50-163 STOP-LOSS:138 TARGET:150-TGT2:154.40 FOR 6-7 DAY CALL FOR POSITIONAL
Monday, November 22, 2010
BANKNIFTY FOR SUPPORT 22/11/2010
BANKNIFTY (2nd Resistance) 12515.67
(1st Resistance) 12301.18
Pivot point 12160.87
(1st Support) 11946.38
(2nd support) 11806.07
(1st Resistance) 12301.18
Pivot point 12160.87
(1st Support) 11946.38
(2nd support) 11806.07
NIFTY FOR SUPPORT 22/11/2010
NIFTY (2nd Resistance) 6074.02
(1st Resistance) 5982.08
Pivot point 5921.07
(1st Support) 5829.13
(2nd support) 5768.12
(1st Resistance) 5982.08
Pivot point 5921.07
(1st Support) 5829.13
(2nd support) 5768.12
Friday, November 19, 2010
BANKNIFTY FOR SUPPORT 19/11/2010
BANKNIFTY (2nd Resistance) 12953.78
(1st Resistance) 12664.57
Pivot point 12377.78
(1st Support) 12088.57
(2nd support) 11801.78
(1st Resistance) 12664.57
Pivot point 12377.78
(1st Support) 12088.57
(2nd support) 11801.78
NIFTY FOR SUPPORT 19/11/2010
NIFTY (2nd Resistance) 6136.3
(1st Resistance) 6083.95
Pivot point 6004.65
(1st Support) 5952.3
(2nd support) 5873
(1st Resistance) 6083.95
Pivot point 6004.65
(1st Support) 5952.3
(2nd support) 5873
Thursday, November 18, 2010
BANKNIFTY FOR SUPPORT 18/11/2010
BANKNIFTY (2nd Resistance) 12999.35
(1st Resistance) 12774.2
Pivot point 12614.85
(1st Support) 12389.7
(2nd support) 12230.35
(1st Resistance) 12774.2
Pivot point 12614.85
(1st Support) 12389.7
(2nd support) 12230.35
NIFTY FOR SUPPORT 18/11/2010
NIFTY (2nd Resistance) 6193.48
(1st Resistance) 6094.22
Pivot point 6034.73
(1st Support) 5935.47
(2nd support) 5875.98
(1st Resistance) 6094.22
Pivot point 6034.73
(1st Support) 5935.47
(2nd support) 5875.98
Wednesday, November 10, 2010
BANKNIFTY FOR SUPPORT 10/11/2010
BANKNIFTY (2nd Resistance) 13380
(1st Resistance) 13286.55
Pivot point 13141.55
(1st Support) 13048.1
(2nd support) 12903.1
(1st Resistance) 13286.55
Pivot point 13141.55
(1st Support) 13048.1
(2nd support) 12903.1
NIFTY FOR SUPPORT 10/11/2010
NIFTY (2nd Resistance) 6399.45
(1st Resistance) 6366.45
Pivot point 6314
(1st Support) 6281
(2nd support) 6228.55
(1st Resistance) 6366.45
Pivot point 6314
(1st Support) 6281
(2nd support) 6228.55
NIFTY FOR SUPPORT 10/11/2010
NIFTY (2nd Resistance) 6399.45
(1st Resistance) 6366.45
Pivot point 6314
(1st Support) 6281
(2nd support) 6228.55
(1st Resistance) 6366.45
Pivot point 6314
(1st Support) 6281
(2nd support) 6228.55
Wednesday, November 3, 2010
Forthcoming Quarterly Results 03/11/2010
GAIL
MTNL
CESC
GTL
OBC
AUROBINDO
LAKSHIVILAS BANK
FIRST LEASING
SHASUNCHEM
SURYAPHAMA
SUND CLAYTON
KEC INTL
CLEOD RUSSEL
VESUVIOUS
TTK HEALTH
MTNL
CESC
GTL
OBC
AUROBINDO
LAKSHIVILAS BANK
FIRST LEASING
SHASUNCHEM
SURYAPHAMA
SUND CLAYTON
KEC INTL
CLEOD RUSSEL
VESUVIOUS
TTK HEALTH
Friday, October 29, 2010
Forthcoming Quarterly Results 29/10/2010
ABB
BALLARPUR
BHEL
BLUESTAR
FEDBK
GHCL
GESHIP
HEROHONDA
HCC
IOB
ITC
JETAIR
NEROLAC
M&M
NAGFERT
NESTLE
NIRMA
WELCORP
UCOBK
TATACHEM
SYND BK
BALLARPUR
BHEL
BLUESTAR
FEDBK
GHCL
GESHIP
HEROHONDA
HCC
IOB
ITC
JETAIR
NEROLAC
M&M
NAGFERT
NESTLE
NIRMA
WELCORP
UCOBK
TATACHEM
SYND BK
NIFTY FOR SUPPORT 29/10/2010
NIFTY (2nd Resistance) 6112
(1st Resistance) 6050
Pivot point 6009
(1st Support) 5947
(2nd support) 5906
(1st Resistance) 6050
Pivot point 6009
(1st Support) 5947
(2nd support) 5906
Wednesday, October 27, 2010
BANKNIFTY FOR SUPPORT 27/10/2010
BANKNIFTY (2nd Resistance) 12549.25
(1st Resistance) 12473.5
Pivot point 12424.25
(1st Support) 12348.5
(2nd support) 12299.25
(1st Resistance) 12473.5
Pivot point 12424.25
(1st Support) 12348.5
(2nd support) 12299.25
NIFTY FOR SUPPORT 27/10/2010
NIFTY (2nd Resistance) 6161.42
(1st Resistance) 6134.83
Pivot point 6114.42
(1st Support) 6087.83
(2nd support) 6067.42
(1st Resistance) 6134.83
Pivot point 6114.42
(1st Support) 6087.83
(2nd support) 6067.42
Monday, October 25, 2010
BANKNIFTY FOR SUPPORT 25/10/2010
BANKNIFTY (2nd Resistance) 12638.3
(1st Resistance) 12531.3
Pivot point 12430.9
(1st Support) 12323.9
(2nd support) 12223.5
(1st Resistance) 12531.3
Pivot point 12430.9
(1st Support) 12323.9
(2nd support) 12223.5
NIFTY FOR SUPPORT 25/10/2010
NIFTY (2nd Resistance) 6191.52
(1st Resistance) 6140.63
Pivot point 6099.12
Pivot point 6048.23
(2nd support) 6006.72
(1st Resistance) 6140.63
Pivot point 6099.12
Pivot point 6048.23
(2nd support) 6006.72
Friday, October 22, 2010
BANKNIFTY FOR SUPPORT 22/10/2010
BANKNIFTY (2nd Resistance) 12734.12
(1st Resistance) 12620.23
Pivot point 12426.12
(1st Support) 12312.23
(2nd support) 12118.12
(1st Resistance) 12620.23
Pivot point 12426.12
(1st Support) 12312.23
(2nd support) 12118.12
NIFTY FOR SUPPORT 22/10/2010
NIFTY (2nd Resistance) 6244.32
(1st Resistance) 6189.73
Pivot point 6097.42
Pivot point 6042.83
(2nd support) 5950.52
(1st Resistance) 6189.73
Pivot point 6097.42
Pivot point 6042.83
(2nd support) 5950.52
Wednesday, October 6, 2010
BANKNIFTY FOR SUPPORT 06/10/2010
BANKNIFTY (2nd Resistance) 12797.18
(1st Resistance) 12726.37
Pivot point 12677.18
(1st Support) 12606.37
(2nd support) 12557.18
(1st Resistance) 12726.37
Pivot point 12677.18
(1st Support) 12606.37
(2nd support) 12557.18
NIFTY FOR SUPPORT 06/10/2010
NIFTY (2nd Resistance) 6248.15
(1st Resistance) 6215.5
Pivot point 6192.15
(1st Support) 6159.5
(2nd support) 6136.15
(1st Resistance) 6215.5
Pivot point 6192.15
(1st Support) 6159.5
(2nd support) 6136.15
Tuesday, October 5, 2010
BANKNIFTY FOR SUPPORT 05/10/2010
BANKNIFTY (2nd Resistance) 12860.68
(1st Resistance) 12779.97
Pivot point 12707.23
(1st Support) 12626.52
(2nd support) 12553.78
(1st Resistance) 12779.97
Pivot point 12707.23
(1st Support) 12626.52
(2nd support) 12553.78
NIFTY FOR SUPPORT 05/10/2010
NIFTY (2nd Resistance) 6275.77
(1st Resistance) 6230.63
Pivot point 6202.87
(1st Support) 6157.73
(2nd support) 6129.97
(1st Resistance) 6230.63
Pivot point 6202.87
(1st Support) 6157.73
(2nd support) 6129.97
Monday, October 4, 2010
BANKNIFTY FOR SUPPORT 04/10/2010
BANKNIFTY (2nd Resistance) 12778.53
(1st Resistance) 12687.52
Pivot point 12528.78
(1st Support) 12437.77
(2nd support) 12279.03
(1st Resistance) 12687.52
Pivot point 12528.78
(1st Support) 12437.77
(2nd support) 12279.03
NIFTY FOR SUPPORT 04/10/2010
NIFTY (2nd Resistance) 6270.7
(1st Resistance) 6223.5
Pivot point 6136.75
(1st Support) 6089.55
(2nd support) 6002.8
(1st Resistance) 6223.5
Pivot point 6136.75
(1st Support) 6089.55
(2nd support) 6002.8
Friday, October 1, 2010
BANKNIFTY FOR SUPPORT 01/10/2010
BANKNIFTY (2nd Resistance) 12401.38
(1st Resistance) 12332.77
Pivot point 12291.38
(1st Support) 12222.77
(2nd support) 12181.38
(1st Resistance) 12332.77
Pivot point 12291.38
(1st Support) 12222.77
(2nd support) 12181.38
NIFTY FOR SUPPORT 01/10/2010
NIFTY (2nd Resistance) 6106.73
(1st Resistance) 6053.57
Pivot point 6021.83
(1st Support) 5968.67
(2nd support) 5936.93
(1st Resistance) 6053.57
Pivot point 6021.83
(1st Support) 5968.67
(2nd support) 5936.93
Thursday, September 23, 2010
BUY LITL 23/09/2010
BUY LITL :67.50-68.50 STOP-LOSS 66 TARGET1: 71 TARGET2 : 72.50 FOR 3-4 DAYS CALL POSITIONAL
BANKNIFTY FOR SUPPORT 23/09/2010
BANKNIFTY (2nd Resistance) 12457.43
(1st Resistance) 12384.57
Pivot point 12265.78
(1st Support) 12192.92
(2nd support) 12074.13
(1st Resistance) 12384.57
Pivot point 12265.78
(1st Support) 12192.92
(2nd support) 12074.13
NIFTY FOR SUPPORT 23/09/2010
NIFTY (2nd Resistance) 6096.02
(1st Resistance) 6049.08
Pivot point 6001.07
(1st Support) 5954.13
(2nd support) 5906.12
(1st Resistance) 6049.08
Pivot point 6001.07
(1st Support) 5954.13
(2nd support) 5906.12
Wednesday, September 22, 2010
BANKNIFTY FOR SUPPORT 22/09/2010
BANKNIFTY (2nd Resistance) 12423.67
(1st Resistance) 12332.33
Pivot point 12256.67
(1st Support) 12165.33
(2nd support) 12089.67
(1st Resistance) 12332.33
Pivot point 12256.67
(1st Support) 12165.33
(2nd support) 12089.67
NIFTY FOR SUPPORT 22/09/2010
NIFTY (2nd Resistance) 6083.72
(1st Resistance) 6047.68
Pivot point 6009.97
(1st Support) 5973.93
(2nd support) 5936.22
(1st Resistance) 6047.68
Pivot point 6009.97
(1st Support) 5973.93
(2nd support) 5936.22
Tuesday, September 21, 2010
BANKNIFTY FOR SUPPORT 21/09/2010
BANKNIFTY (2nd Resistance) 12459.22
(1st Resistance) 12363.33
Pivot point 12215.72
(1st Support) 12119.83
(2nd support) 11972.22
(1st Resistance) 12363.33
Pivot point 12215.72
(1st Support) 12119.83
(2nd support) 11972.22
NIFTY FOR SUPPORT 21/09/2010
NIFTY (2nd Resistance) 6072.7
(1st Resistance) 6033.4
Pivot point 5966.7
(1st Support) 5927.4
(2nd support) 5860.7
(1st Resistance) 6033.4
Pivot point 5966.7
(1st Support) 5927.4
(2nd support) 5860.7
Wednesday, September 8, 2010
BANKNIFTY FOR SUPPORT 08/09/2010
BANKNIFTY (2nd Resistance) 11264.7
(1st Resistance) 11209.4
Pivot point 11169.7
(1st Support) 11114.4
(2nd support) 11074.7
(1st Resistance) 11209.4
Pivot point 11169.7
(1st Support) 11114.4
(2nd support) 11074.7
NIFTY FOR SUPPORT 08/09/2010
NIFTY (2nd Resistance) 5632.92
(1st Resistance) 5612.28
Pivot point 5592.17
(1st Support) 5571.53
(2nd support) 5551.42
(1st Resistance) 5612.28
Pivot point 5592.17
(1st Support) 5571.53
(2nd support) 5551.42
Monday, September 6, 2010
BUY UNITECH 06/09/2010
BUY UNITECH :82.30-82.60 STOP-LOSS : 81.50 TARGET1:83.50 TARGET2:84 CALL FOR INTRADAY TARGET
BUY ACKRUTI 06/09/2010
BUY ACKRUTI :537-539 STOP-LOSS : 532.50 TARGET1:543 TARGET2:548 CALL FOR INTRADAY TARGET
BUY ROLTA 06/09/2010
BUY ROLTA: 164.50-165 STOP-LOSS:161.90 TARGET:173-TGT2:86.70 FOR 2-4 DAY CALL FOR POSITIONAL
FII Data 06/09/2010
FII Data: Net Index Futures (+89.13 cr), Net Stock Futures (+ 323.04 crs), Derivative Market: Total Open Interest (Rs 168133 cr), Stock Futures Open Interest (Rs 46737 cr
Global Markets update 06/09/2010
DJIA Up 127.83 (1.24%) NSDQ Up 33.74(1.53%) FTSE 100 +57.11 (1.06%) Asian Markets as on 8.30 AM NIKKEI +138.49 (1.52%) HANG SENG +256.49 (1.25%) SGX NIFTY 29.50
BANKNIFTY FOR SUPPORT 06/09/2010
BANKNIFTY (2nd Resistance) 11044.57
(1st Resistance) 11011.13
Pivot point 10965.57
(1st Support) 10932.13
(2nd support) 10886.57
(1st Resistance) 11011.13
Pivot point 10965.57
(1st Support) 10932.13
(2nd support) 10886.57
NIFTY FOR SUPPORT 06/09/2010
NIFTY (2nd Resistance) 5514.33
(1st Resistance) 5499.62
Pivot point 5485.33
(1st Support) 5470.62
(2nd support) 5456.33
(1st Resistance) 5499.62
Pivot point 5485.33
(1st Support) 5470.62
(2nd support) 5456.33
Friday, September 3, 2010
BANKNIFTY FOR SUPPORT 03/09/2010
BANKNIFTY (2nd Resistance) 11021.48
(1st Resistance) 10992.17
Pivot point 10959.58
(1st Support) 10930.27
(2nd support) 10897.68
(1st Resistance) 10992.17
Pivot point 10959.58
(1st Support) 10930.27
(2nd support) 10897.68
NIFTY FOR SUPPORT 03/09/2010
NIFTY (2nd Resistance) 5525.08
(1st Resistance) 5507.47
Pivot point 5492.28
(1st Support) 5474.67
(2nd support) 5459.48
(1st Resistance) 5507.47
Pivot point 5492.28
(1st Support) 5474.67
(2nd support) 5459.48
Wednesday, September 1, 2010
BANKNIFTY FOR SUPPORT 01/09/2010
BANKNIFTY (2nd Resistance) 10840.88
(1st Resistance) 10790.82
Pivot point 10716.93
(1st Support) 10666.87
(2nd support) 10592.98
(1st Resistance) 10790.82
Pivot point 10716.93
(1st Support) 10666.87
(2nd support) 10592.98
NIFTY FOR SUPPORT 01/09/2010
NIFTY (2nd Resistance) 5448.97
(1st Resistance) 5426.33
Pivot point 5391.17
(1st Support) 5368.53
(2nd support) 5333.37
(1st Resistance) 5426.33
Pivot point 5391.17
(1st Support) 5368.53
(2nd support) 5333.37
Monday, August 30, 2010
BANKNIFTY FOR SUPPORT 30/08/2010
BANKNIFTY (2nd Resistance) 11093.87
(1st Resistance) 10917.78
Pivot point 10808.92
(1st Support) 10632.83
(2nd support) 10523.97
(1st Resistance) 10917.78
Pivot point 10808.92
(1st Support) 10632.83
(2nd support) 10523.97
NIFTY FOR SUPPORT 30/08/2010
NIFTY (2nd Resistance) 5526.42
(1st Resistance) 5471.08
Pivot point 5434.57
(1st Support) 5379.23
(2nd support) 5342.72
(1st Resistance) 5471.08
Pivot point 5434.57
(1st Support) 5379.23
(2nd support) 5342.72
Thursday, August 26, 2010
BANKNIFTY FOR SUPPORT 28/08/2010
BANKNIFTY (2nd Resistance) 11071.63
(1st Resistance) 11009.37
Pivot point 10967.73
(1st Support) 10905.47
(2nd support) 10863.83
(1st Resistance) 11009.37
Pivot point 10967.73
(1st Support) 10905.47
(2nd support) 10863.83
NIFTY FOR SUPPORT 26/08/2010
NIFTY (2nd Resistance) 5519.95
(1st Resistance) 5494.9
Pivot point 5477.95
(1st Support) 5452.9
(2nd support) 5435.95
(1st Resistance) 5494.9
Pivot point 5477.95
(1st Support) 5452.9
(2nd support) 5435.95
Wednesday, August 11, 2010
BANKNIFTY FOR SUPPORT 11/08/2010
BANKNIFTY Support 1 10411.1
Support 1 10444.7
Pivot Point 10484.85
Resistance 1 10518.45
Resistance 2 10558.6
Support 1 10444.7
Pivot Point 10484.85
Resistance 1 10518.45
Resistance 2 10558.6
NIFTY FOR SUPPORT 11/08/2010
NIFTY Support 1 5423.92
Support 1 5442.43
Pivot Point 5458.62
Resistance 1 5477.13
Resistance 2 5493.32
Support 1 5442.43
Pivot Point 5458.62
Resistance 1 5477.13
Resistance 2 5493.32
Tuesday, August 10, 2010
Quarterly Results 10/08/2010
Amtek Auto Results
Borosil Glass Results
DEN Networks Results
Educomp Results
Great Offshore Results
Hindustan Motors Results
IVRCL Infra Results
Jai Corp Results
Micro Tech Results
Motherson Sumi Results
Nagarjuna Construction Results
Pentamedia Graphics Results
Piramal Health Results
Rashtriya Chemicals Results
Rolta India Results
Tata Motors Results
Borosil Glass Results
DEN Networks Results
Educomp Results
Great Offshore Results
Hindustan Motors Results
IVRCL Infra Results
Jai Corp Results
Micro Tech Results
Motherson Sumi Results
Nagarjuna Construction Results
Pentamedia Graphics Results
Piramal Health Results
Rashtriya Chemicals Results
Rolta India Results
Tata Motors Results
Friday, August 6, 2010
BANKNIFTY FOR SUPPORT 06/08/2010
BANKNIFTY (2nd Resistance) 10528.9
(1st Resistance) 10486.7
Pivot point 10456.5
(1st Support) 10414.3
(2nd support) 10384.1
(1st Resistance) 10486.7
Pivot point 10456.5
(1st Support) 10414.3
(2nd support) 10384.1
NIFTY FOR SUPPORT 06/08/2010
NIFTY (2nd Resistance) 5494.78
(1st Resistance) 5476.17
Pivot point 5464.73
(1st Support) 5446.12
(2nd support) 5434.68
(1st Resistance) 5476.17
Pivot point 5464.73
(1st Support) 5446.12
(2nd support) 5434.68
BUY PANTALOON RETAIL
BUY PANTALOON RETAIL: 474-473 STOP-LOSS:464.40 TGT1:496 TGT2:503 70 FOR 6-7 DAY CALL FOR POSITIONAL
Quarterly Results 06/08/2010
ABC Bearings Results
Bharat Fertilizer Results
Edserv Software Results
Empee Dist Results
Entertainment Network Results
Fortis Health Results
Gammon Infra Results
HMT Results
ICSA India Results
Indswift Results
Megasoft Results
Petron Engineering Results
Power Grid Corp Results
Prakash Inds Results
Rain Commodities Results
Bharat Fertilizer Results
Edserv Software Results
Empee Dist Results
Entertainment Network Results
Fortis Health Results
Gammon Infra Results
HMT Results
ICSA India Results
Indswift Results
Megasoft Results
Petron Engineering Results
Power Grid Corp Results
Prakash Inds Results
Rain Commodities Results
Thursday, August 5, 2010
BUY UNITECH 05/08/2010
BUY UNITECH : 83.75 STOP-LOSS:82.75 TGT:85.30 -TGT2:87.70 FOR 2-3 DAY CALL FOR POSITIONAL
BUY RAYMOND 05/08/2010
BUY RAYMOND: 236.55-235.40 STOP-LOSS:229.15 TGT:255 -TGT2:258.20 FOR 6-7 DAY CALL FOR POSITIONAL
BUY INDIACEM 05/08/2010
BUY INDIACEM : 103-104 STOP-LOSS: 99 TGT1: 112-TGT2: 115.10 FOR 3-4 DAY POSITIONAL CALL
BUY NAGARCONST 05/08/2010
BUY NAGARCONST 173-175 STOP-LOSS 169 TGT1: 187-TGT2: 190.55 FOR 3-4 DAY POSITIONAL CALL
Quarterly Results 05/08/2010
Anant Raj Inds Results
Ansal Housing Results
Aurobindo Pharma Results
BAG Films Results
Dredging Corp Results
Essar Ship Ports Results
Galaxy Entertainment Results
Garware Polyester Results
Gujarat Industries Power Results
Man Infra Results
Oracle Financials Results
Varun Shipping Results
Tuesday, August 3, 2010
Quarterly Results 03/08/2010
Aplab Results
Crew Bos Results
Fedders Lloyd Results
Godawari Power Results
Hindalco Inds Results
Infinite Comp Sol Results
NDTV Results
NESCO Results
Plethico Pharma Results
Punj Lloyd Results
Shiv Vani Oil Results
Swaraj Engines Results
Welspun India Results
Monday, August 2, 2010
BANKNIFTY FOR SUPPORT 02/08/2010
BANKNIFTY (2nd Resistance) 10238.38
(1st Resistance) 10182.42
Pivot point 10138.83
(1st Support) 10082.87
(2nd support) 10039.28
NIFTY FOR SUPPORT 02/08/2010
NIFTY (2nd Resistance) 5437.23
(1st Resistance) 5405.77
Pivot point 5387.43
(1st Support) 5355.97
(2nd support) 5337.63
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