RSSMix.com Mix ID 34385

BSE Bulk Deals to Watch - Feb 9 2010

NSE Bulk Deals to Watch - Feb 9 2010

Turnover declines, futures at discount

Cement, IT stocks lead 106-points Sensex surge

Sensex crosses 16000

Daily Technicals - Feb 9 2010

Morning Note - Feb 9 2010

Daily Grey Market Premiums - Feb 9 2010

Best Stocks

Daily News Roundup - Feb 9 2010

Hindustan Unilever Limited

Daily Call - Feb 9 2010

Sensex may open flat

Rolta India

Bull-bear slugfest may continue

Market seen opening marginally lower

DB Corp Ltd

IVRCL

eGovernance Report

Morning Report - Feb 9 2010

Hathway Cable and Datacom IPO Opened Today

Mon, 08 Feb 2010 23:46:01 -0500

About HathwayThey are the leading cable television services provider in India (Source: MPA Report), as well as one of the leading cable broadband services providers. We offer analog and digital cable television services across 125 cities and towns and high-speed cable broadband services across 20 cities, operating in geographical regions which we believe to constitute [...]

Hathway Cable and Datacom IPO Opened Today is a post from: First Blog for Indian Financial Market

FIIs remain net sellers in equities on Feb. 08

Financials weigh on stocks at Wall Street

Precious metals climb back

SGX Nifty Live Update - Feb 9 2010

Copper rises for first time in five sessions

Sundaram BNP Paribas FTP S

Mon, 08 Feb 2010 19:53:02 -0500

Mutual Fund	Sundaram BNP Paribas Mutual Fund
Scheme Type	Close Ended
Scheme Category	Income
Launch Date	09-Feb-2010

Sundaram BNP Paribas FTP – S is a post from: First Blog for Indian Financial Market

Sensex 15600 and Nifty 4650 seems to be holding up!!

Nifty 4650-4670 is the band of support which was almost tested today.

Sensex almost touched the 200 dema and saw a good recovery from the zone. Investors with a view of 1-2 months can continue to accumulate stocks with a closing stop on 15300-15400.

Upsides to 16600/17k is possible over the next 1-2 mths. Continue to keep booking partial profits on rise to reduce acquisition cost. Leverage can also be used arnd 15600.

Best Regards,

Nooresh

Some market buzz ...

As havent done much of analysis after a weekend in Delhi and some work today so just some market buzz ..... Please take and do your own research ... Do adequate risk management and keep stoplosses.

All the comments below are just the buzz in the market and may go terribly wrong also.

Alok Inds and other textile stocks may shine in the next 3 weeks before and after budget .... Some sops expected.

IFCI some announcement in the offing to pull up the stock in next 1 mth.

Aban Offshore is getting attractive in the zone of 1000-1100. The stock can zoom to 1400 on favorable news.

Technically Mundra port can give a smart move again on closing above 670..... All shipping stocks like GE , Pipavav might be in strong accumulation.

Ajanta Pharma may see another move above 150 taking it to 180.

Thinksoft might be soon dumped to the retailers .... A major avoid !!

Shorts would be trapped at 4500-4700 and index would zoom to 5050 by March 2nd week as per punters !

Shree Ashtavinayak after trapping some shorts on split with a huge auction !! will now be on continous lower freeze.

Concurrent India is being rigged towards 20-25 levels one side.

Best Regards,

Nooresh

Sadbhav Engineering bags order worth 136.83 crores

Mon, 08 Feb 2010 05:24:00 -0500

Sadbhav Engineering Ltd has informed the market that it has bagged order worth 136.83 crore from Northen Coalfields Ltd , the order is for removal of over burden of First Dig (solid) by hiring of equipment such as excavators, tippers/ dumpers, drills, dozers, graders and water sprinklers for composite work consisting of blast hole [...]

Sadbhav Engineering bags order worth 136.83 crores is a post from: First Blog for Indian Financial Market

Madhucon Projects bags contract from Government of Uttarakhand

Mon, 08 Feb 2010 05:19:00 -0500

Madhucon Projects has informed the market that the company has been awarded three hydro power projects which os each of 25 mw and coming to a total of 75 MW expandable to 100 MW and they will take care of building it , operate and transfer (BOT) basis ,they got the contract from Uttarakhand Jal [...]

Madhucon Projects bags contract from Government of Uttarakhand is a post from: First Blog for Indian Financial Market

Poly Medicure Bonus Issue

Mon, 08 Feb 2010 05:13:28 -0500

Poly Medicure Ltd has informed the market that in the meeting that will be held on Feb 9th 2010 , they will consider proposal for declaration of bonus issue , the stock rose by 20 percent or so from 177 Rs to 223 Rs. addthis_url = 'http%3A%2F%2Fwww.rupya.com%2F2010%2F02%2F08%2Fpoly-medicure-bonus-issue%2F13935'; addthis_title = [...]

Poly Medicure Bonus Issue is a post from: First Blog for Indian Financial Market

Religare Fixed Maturity Plan-Series II-Plan A to F Plan A (13 Months)

Mon, 08 Feb 2010 04:34:01 -0500

Mutual Fund	Religare Mutual Fund
Scheme Type	Close Ended
Scheme Category	Income
Launch Date	05-Feb-2010

Religare Fixed Maturity Plan-Series II-Plan A to F – Plan A (13 Months) is a post from: First Blog for Indian Financial Market

Jubilant FoodWorks Ltd Listed tpday at 30 Rs Premium

Sun, 07 Feb 2010 23:22:50 -0500

Today feb 8th 2010 shares of Jubilant FoodWorks Ltd got listed ion the bourses as Scrip Code: 533155 in BSEINDIA and JUBLFOOD in NSEIndia , The stock which had the IPO prioce of 160 . listed at 196 or so in bse and now hovering between 190 to 200 rs. addthis_url [...]

Jubilant FoodWorks Ltd Listed tpday at 30 Rs Premium is a post from: First Blog for Indian Financial Market

Mutual Fund Dividend announced from January 11th 2010 to Feb 5th 2010

Sat, 06 Feb 2010 10:36:28 -0500

Dividend announced for Mutual Funds from January 11th 2010 to Feb 5th 2010Mutual FundRecord DateDividend Amount Per UnitSundaram Select Midcap -RP (D)5/2/101.5Birla SL Frontline Equity -A (D)29/01/102Birla Sun Life Midcap Fund -A (D)29/01/102.5LIC MF Index – Sensex Adv (D)29/01/101.75Religare Banking Fund -RP (D)29/01/102.5Sundaram Tax Saver (D)29/01/102Bharti AXA Tax Advtg -Eco (D)25/01/103Bharti AXA Tax Advtg -RP [...]

Mutual Fund Dividend announced from January 11th 2010 to Feb 5th 2010 is a post from: First Blog for Indian Financial Market

Food inflation at 17.56 Percent for week ending Jan 23rd 2010

Sat, 06 Feb 2010 10:03:20 -0500

Indias food inflation data came out on Thursday and the food inflation index which is a measuring wholesale prices of lentils, rice, vegetables and other food articles increased 17.56 % in the week to Jan. 23 from a year earlier, and it was at 17.4 % gain the previous week. addthis_url [...]

Food inflation at 17.56 Percent for week ending Jan 23rd 2010 is a post from: First Blog for Indian Financial Market

Jayshree Chemicals Rights Issue Record Date Set

Sat, 06 Feb 2010 09:41:09 -0500

Jayshree Chemicals Ltd has informed the market that the company has set February 18, 2010 has been fixed as the Record Date for the proposed rights issue of the company and the issue is for 2,39,94,374 Equity Shares of Rs. 10/- each for cash at a premium of Rs. 5/- per Share, payable in full [...]

Jayshree Chemicals Rights Issue – Record Date Set is a post from: First Blog for Indian Financial Market

McNally Bharat Engineering bags order worth 56.64 Crores

Sat, 06 Feb 2010 09:36:51 -0500

McNally Bharat Engineering Company Ltd has informed the market that the company has won contract worth 56.64 crore fro 2 orders.Order News.1. Design, Engineering, Supply of Equipment, Underloading, Storage, Haqndling, Erection Testing & Commissioning and Structural Work at Site of an HDPS System for Aditya Aluminium Smelter Project of HINDALCO for a total value [...]

McNally Bharat Engineering bags order worth 56.64 Crores is a post from: First Blog for Indian Financial Market

Indo Asian Finance Bonus Issue Updates

Sat, 06 Feb 2010 09:26:45 -0500

Indo Asian Finance has informed the market further information on the proposed bonus issue , they have earlier told that they would offer 1 for every 2 shares held in the company and they have said , it was a mistake and they have decided to offer 2 shares for every one held. [...]

Indo Asian Finance Bonus Issue – Updates is a post from: First Blog for Indian Financial Market

Mounteverest Trading & Investment Bonus Issue Record Date

Sat, 06 Feb 2010 08:48:07 -0500

Mounteverest Trading & Investment Ltd has informed the market today that the company has fixed February 12, 2010 has record date for the purpose of determining the eligibility of the Shareholders for the proposed Bonus Issue, which has been 3 stock for every 1 stock of the Company. addthis_url = [...]

Mounteverest Trading & Investment Bonus Issue – Record Date is a post from: First Blog for Indian Financial Market

Trading on Saturday Feb 6th 2010 Live Trading in NSEINDIA

Fri, 05 Feb 2010 00:56:25 -0500

In view thereof, a special live trading session will be conducted by the Exchange on Saturday, February 06, 2010. The timings of the special LIVE TRADING session for the Cash Segment are given below:Session starts at 09 : 50 a.m. and ends at [...]

Trading on Saturday Feb 6th 2010 – Live Trading in NSEINDIA is a post from: First Blog for Indian Financial Market

Birla Sun Life Capital Protection Oriented Fund-Series 1

Thu, 04 Feb 2010 14:59:08 -0500

Mutual Fund	Birla Sun Life Mutual Fund
Scheme Type	Close Ended
Scheme Category	Growth
Launch Date	05-Feb-2010

Birla Sun Life Capital Protection Oriented Fund-Series 1 is a post from: First Blog for Indian Financial Market

Religare Fixed Maturity Plan-Series II-Plan A to F

Thu, 04 Feb 2010 14:59:08 -0500

Mutual Fund	Religare Mutual Fund
Scheme Type	Close Ended
Scheme Category	Income
Launch Date	05-Feb-2010

Religare Fixed Maturity Plan-Series II-Plan A to F is a post from: First Blog for Indian Financial Market

Sensex 16k or 15500 ..... Would get decided by next week !!

Market seems to be undecided at current levels. Next 2 weeks would be interesting to watch as index could either go all the way to 4600 /15500 in worse case or continue to hold on. !

Check chart below for details.

Sensex Technical View :

Although index has been oversold but the pullback has not been able to cross 16600 !! . On the downside sustaining below 16k opens up to 15500. As mentioned last week index positions shud be reduced arnd 16600.

So as mentioned before best case is 16k holding up or index goes to 15500 also.

Technically many stocks are highly oversold but it can remain so for a long time. So this is a time to wait and watch. Avoid leveraged trading as index can give flip flop movements on both sides hitting stoploss on either side.

Investors can continue to be patient with their long term investments done in fundamentally sound stocks. In due course we would see good recovery in them.

Mounteverest Trading & Investment Ltd Bonus issue

Wed, 03 Feb 2010 23:44:02 -0500

Mount-everest Trading & Investment Ltd has informed the market yesterday that the board that had meeting held on Feb 3rd 2010 has decided on Bonus issue and have also announced that they would allot three Equity Shares as Bonus Shares for every one Equity Share held by the shareholders on the Record Date.Record [...]

Mounteverest Trading & Investment Ltd Bonus issue is a post from: First Blog for Indian Financial Market

Indo Asian Finance Bonus Issue

Wed, 03 Feb 2010 23:35:56 -0500

Indo Asian Finance Ltd has informed the market yesterday that the company in the meeting that will be held on February 05, 2010, it will decide on the Bonus issue , Come back here on Feb 5th 2010 to get more details on the same. addthis_url = 'http%3A%2F%2Fwww.rupya.com%2F2010%2F02%2F04%2Findo-asian-finance-bonus-issue%2F13912'; addthis_title [...]

Indo Asian Finance Bonus Issue is a post from: First Blog for Indian Financial Market

The range of 16k-16.6k ( 4770-4950) remains !!

Sensex Technical View :

The index gave a smart bounce today but still not able to close above the 16600 and 4950 levels. Only on couple of close above 16.6k we can see a move to 17000 -17300 zone where one should again take a review of the stock portfolio.

On the downside expect support around 16200 and 4850-4870 range.

Stocks to watchout for :

Castrol and Torrent Pharma can give good moves. Buy with stop of 625 and 424. Possible tgts of 5-15% in near term.

Indsil Electro and Karuturi could be good bets for long term on dips of 10 % frm cmp.

SENSEX the next MULTIBAGGER

a technical view

followed by Dinner

Venue: Registration:

International Guest House, Kazim: 09821237002

Delhi University, near DU metro Asif : 09833666151

Station, North Campus, Delhi. Nooresh: 09819225396

Date: Saturday, February 6th, 2009 analyseindia@gmail.com

Time: 6.00 p.m. Fees: Rs.500 only

Taurus Fixed Maturity Plan 15 Months Series 1

Wed, 03 Feb 2010 13:44:11 -0500

Mutual Fund	Taurus Mutual Fund
Scheme Type	Close Ended
Scheme Category	Income
Launch Date	04-Feb-2010

Taurus Fixed Maturity Plan 15 Months Series 1 is a post from: First Blog for Indian Financial Market

Larsen Toubro bags order worth 1100 crore

Wed, 03 Feb 2010 06:59:16 -0500

Larsen & Toubro informed the market that the company has bagged order worth rs 1100 crore which is almost 239 Million dollar .Order Info>500 crore contract from M/s Raghuleela Lessors & Developers Pvt Ltd for the construction of residential towers The Address at Ghatkopar (W), Mumbai.>295 crore has been secured from various esteemed clients [...]

Larsen Toubro bags order worth 1100 crore is a post from: First Blog for Indian Financial Market

Mahindra launches Maxximo at 2.79 Lakh

Wed, 03 Feb 2010 06:54:06 -0500

Mahindra launches Maxximo today at a price of Rs. 2.79 lakh which is almost the same price as the TATA’s Ace .Mahindra Maximo SpecificationsThe Maxximo comes powered by a 2 cylinder CRDE engine that has four valves per cylinder with DOHC (Double Over Head Crankshaft). The engine puts out power of 25 bhp, and makes [...]

Mahindra launches Maxximo at 2.79 Lakh is a post from: First Blog for Indian Financial Market

Supreme Infrastructure bags order worth 363 crore

Wed, 03 Feb 2010 06:41:46 -0500

Supreme Infrastructure India Ltd has informed the market that the company has received order for 3 prestegious project which total value for Rs. 363.94 Crores .Order Info>Supreme Infra has bagged order from PWD Maharashtra for 4 laning of Manor-Wada-Bhiwandi road. The total value of the BOT project is about Rs.340 crore.>They also bagged order from [...]

Supreme Infrastructure bags order worth 363 crore is a post from: First Blog for Indian Financial Market

Chembond Chemicals hits upper circuit

Wed, 03 Feb 2010 06:34:11 -0500

Chembond Chemical hit upper circuit today , week low was at 200 rs and week high is at 246 now , the company annpunced today that Chembond Chemicals Ltd and H2O Innovation, Inc has signed joint venture agreement,and has decided to create ” H2O Innovation India Ltd” addthis_url = [...]

Chembond Chemicals hits upper circuit is a post from: First Blog for Indian Financial Market

Infinite Computer Solutions Lists at 203

Tue, 02 Feb 2010 23:29:37 -0500

Infinite Computer Solutions (India) Ltd started listing in market from today , the equity shares of Infinite Computer Solutions (India) Ltd (Scrip Code: 533154) are listed and admitted to dealings on the Exchange in the list of ‘B’ Group Securities. The stock opened the market at 203 and went down to 180 and hovering [...]

Infinite Computer Solutions Lists at 203 is a post from: First Blog for Indian Financial Market

Wait and Watch !!! Confusing Markets -- Let it decide

Sensex Technical View :

The view remains the same 16k and 4770 are important levels for Sensex/Nifty. On the upside 16600 and 4980 would be significant resistance.

But the market is giving no signal of finding a direction as of now. So watching how it pans out from here. Worst case scenario is 15500.

Sensex the next Multibagger ... Delhi !!!

SENSEX the next MULTIBAGGER

a technical view

followed by Dinner

Venue: Registration:

International Guest House, Kazim: 09821237002

Delhi University, near DU metro Asif : 09833666151

Station, North Campus, Delhi. Nooresh: 09819225396

Date: Saturday, February 6th, 2009 analyseindia@gmail.com

Time: 6.00 p.m. Fees: Rs.500 only

Limited Seats, registrations on first come, first served basis.

Seminar Schedule

6.00 pm to 6.30pm

Registration & Welcome Drink

6.30pm to 7.00pm

Technical Analysis- An Introduction

- N. S. Fidai

7.00 pm to 7.30pm

Analysis that works!!

- N. S. Fidai

7.30pm to 8.15pm

Sensex the next Multibagger!!!

- Nooresh Merani

8.15pm to 9.00pm

Question and Answer session

9.00pm to 9.30pm

Dinner (pure veg only)

Website: www.analyseindia.com Daily blog www.nooreshtech.blogspot.com

Religare Gold Exchange Traded Fund

Tue, 02 Feb 2010 06:57:37 -0500

Mutual Fund	Religare Mutual Fund
Scheme Type	Open Ended
Scheme Category	GOLD ETFs
Launch Date	28-Jan-2010

Religare Gold Exchange Traded Fund is a post from: First Blog for Indian Financial Market

Sensex and Nifty View : Sensex seems to be bottoming out around 16k mark. In the extreme near term ( this week ) would see resistance around 16600-16700 band. Nifty similar levels would come to 4985/5015.

Traders who have taken Nifty futures/Nifty bees as advised to be accumulated on declines shud reduce exposure at the above levels and keep trailing stops.
Stocks to watchout for :

Hind Dorr Oliver can give a sharp move above 186.

Concurrent India ( Kushagra Software ) , K Sera Sera are being touted to be weird movers in the next couple of months. Gamblers can have a look for quick 30-50% .

Hindustan Unilever looks an excellent buy on declines in parts at 235/215 as a defensive bet.

Fortis Healthcare and Apollo Hospitals continue to maintain the strong momentum. Long term investors should continue to hold on. Traders can book profit on further rise.
Some Stock Specific charts

NEW PLAN - DELIVERY GAINS ! ! ( wealth creation )

Analyse India please to announce a new subscription plan for investors/traders who are looking for short to medium term delivery calls.

DELIVERY GAINS

features:

1) Delivery calls with a view:

2-4 weeks.

1-3 mths.

6-12 mths.

2) Appropriate Target , Stoploss and a brief on the company.

3) Fortnightly Review of Market and Stocks covered.

4) The stocks covered would be fundamentally sound and well-researched with a technical bias to time the entries and exit.

5) The no of stock calls might be limited to 3-5 in a month and at times would be less also.Major focus would be midcaps and select large caps/small caps.

6) Updates would be sent via mail in a detailed document. If required there would be follow up SMS also.

7) Strategy on how to accumulate stocks with exact levels would also be mailed if required.

+ Lot lot more :)

Target Audience:

Highly Advisable for passive traders who would not be checking markets on a day to day basis.

Traders who would like to also have a long term portfolio.

Motive:

To create wealth with well researched investments with a long term view.

Subscription Charges:

1) Quarterly - Rs 7000

2) Half Yearly - Rs 12000

3) Annual - Rs 20000.

To get the account details please mail to analyseindia@gmail.com.

The stock recommendations would start any time from 4-8 February. So enroll at the earliest.

For any more queries call Nooresh 09819225396 ( after market hours )

WWW.ANALYSEINDIA.COM ( FOR OTHER SCHEMES )

Regards,

Nooresh

IVRCL Bonus Issue

Mon, 01 Feb 2010 04:33:21 -0500

IVRCL which came out with results on January 28th 2010 has also approved the Bonus issue it has planned , they have announces Bonus Issue in the rate of 1 stock fro every stock holded on the record date , the record date for the same will be announced later. addthis_url [...]

IVRCL Bonus Issue is a post from: First Blog for Indian Financial Market

IVRCL Infrastructures bags order worth 1125 Crore

Mon, 01 Feb 2010 04:29:17 -0500

IVRCL Infrastructures & Projects Limited has informed the market that it has bagged order worth 1125 crore from NHAI and the order is for six laning of roads from Km. 102.035 to Km. 144.740 on Chengapalli to beginning of Coimbatore bypass and also four laning from Km 170.940 to Km. 183.060 on end of [...]

IVRCL Infrastructures bags order worth 1125 Crore is a post from: First Blog for Indian Financial Market

Larsen & Toubro bags order worth 2155 crore from NFL

Mon, 01 Feb 2010 04:24:57 -0500

Larsen & Toubro has informed the market that it has bagged order worth rs 2155 crore from NFL , the order is for converting the feedstock of ammonia plant to natural gas, which would be conveting feedstock of the existing 900 tonnes per day (TPD) ammonia plant from fuel oil to natural gas.The project has [...]

Larsen & Toubro bags order worth 2155 crore from NFL is a post from: First Blog for Indian Financial Market

AREVAs TD bags 2 order for 220/33 KV

Mon, 01 Feb 2010 04:14:29 -0500

AREVA’s TD has infromed the market that they have bagged recently 2 order for 220/33 KV GIS Substations from Delhi Transco (DTL) which needs to be installed in t Mathur Lane and AIIMS trauma Centre in Delhi , the order involves Design, Engineering, Manufacturing, Testing and Commissioning of 220/33kv Substation Packages. addthis_url [...]

AREVA’s TD bags 2 order for 220/33 KV is a post from: First Blog for Indian Financial Market

Unity Infraprojects bags order worth 99.98 crore

Mon, 01 Feb 2010 04:04:44 -0500

Unity Infraprojects Ltd has informed the market that it has bagged order worth 99.98 crore from Ministry of External Affairs, New Delhi and the order has to be executed in 24 months time and the order is for “Construction of the Indian High Commission Complex at Baridhara Diplomatic Encalve, Dhaka, Bangladesh”. addthis_url [...]

Unity Infraprojects bags order worth 99.98 crore is a post from: First Blog for Indian Financial Market

Fortis Fixed Term Fund Series 16 C

Sun, 31 Jan 2010 14:43:00 -0500

Mutual Fund	Fortis Mutual Fund
Scheme Type	Close Ended
Scheme Category	Income
Launch Date	01-Feb-2010

Fortis Fixed Term Fund – Series 16 C is a post from: First Blog for Indian Financial Market

SBi, Bhel,Lnt,Hindalco and Rolta ...

Stock Specific Views:

Many index stocks have come close to 200 dema and also to support levels.

Some of the stocks and technical views on them.

Regards,

Nooresh 09819225396

Sensex 16k holds... need to watch next few sessions !!

Sensex the next Multibagger .... a technical view --

February 6 th in DELHI !!

Time : 6.30 to 9.30 p.m

Venue : Delhi University

Fees: Rs 500.

Regards,

Nooresh

09819225396

Vascon Engineers IPO Allotment It will be Firm Allotment

Sat, 30 Jan 2010 00:37:52 -0500

Vascon Engineers IPO which closed today finally got fully subscribed on the closing day ,the price range of theIPO was Rs. 165 to Rs. 185Oversubscription DetailsTotal Issue Size10800000Total Bids Received13141695Total Bids Received at Cut-off Price1790390No. of times issue is subscribed1.22Oversubscription Details by Category>Qualified Institutional Buyers (QIBs)1.1210>Non Institutional Investors3.6458>Retail Individual Investors (RIIs)0.6200>Employee Reservation0.5352Vascon Engineers IPO Allotment [...]

Vascon Engineers IPO Allotment – It will be Firm Allotment is a post from: First Blog for Indian Financial Market

Syncom Healthcare IPO Allotment might be lottery

Sat, 30 Jan 2010 00:27:56 -0500

Syncom Healthcare IPO which closed yesterday had pretty good subscription on the final day and closed with 5.17 times subscription.The IPO was priced between Rs. 65 to Rs. 75.Subscription DetailsTotal Issue Size 7500000Total Bids Received 38790720Total Bids Received at Cut-off Price 14538330No. of times issue is subscribed 5.17Subscription Details by category>Qualified Institutional Buyers [...]

Syncom Healthcare IPO Allotment – might be lottery is a post from: First Blog for Indian Financial Market

Thangamayil Jewellery IPO Allotment will be firm

Sat, 30 Jan 2010 00:15:15 -0500

Thangamayil Jewellery IPO which closed yesterday January 29th saw total subscription of 1.12 times , the IPO was open from Jan 27, 2010 to Jan 29, 2010 , Price was between Rs. 70 To Rs.75.Total Subscription Total Issue Size4107500Total Bids Received4588240Total Bids Received at Cut-off Price1279680No. of times issue is subscribed1.12Subscription by category>Qualified Institutional Buyers [...]

Thangamayil Jewellery IPO Allotment will be firm is a post from: First Blog for Indian Financial Market

Punj Lloyd bags order worth 1100 crore

Fri, 29 Jan 2010 05:58:51 -0500

Punj Lloyd Group,which is a global leader in engineering, procurement and construction (EPC) division, Informed the market today that they have bagged order from GMR , and the order is worth 1100 crore and the order is from GMR Hyderabad Vijayawada Expressways (P) for 116.5 km of National Highway No 9. addthis_url [...]

Punj Lloyd bags order worth 1100 crore is a post from: First Blog for Indian Financial Market

CRR hiked by 75 basis points RBI Announced

Fri, 29 Jan 2010 01:16:34 -0500

Credit policy meeting outcome has come out and they have raised the CRR by 75 basis points , RBI has increased cash reserve ratio by 75 bps to 5.75 Percent , the hike would happen in two stages, the first stage of hike of 50 bps will be effective from February 13 and the next [...]

CRR hiked by 75 basis points – RBI Announced is a post from: First Blog for Indian Financial Market

Record Date for Bonus , Dividend , Stock Split and Rights from 29th Jan to 10th Feb 2010

Thu, 28 Jan 2010 22:48:48 -0500

Corporate action for Dividend , rights , stock split and Bonus record date announced.Scrip CodeScrip NameEx-DatePurposeRs.532281HCL Tech1/29/20102nd Interim Dividend1531120Patel Engr1/29/2010Interim Dividend2520056Sundaram Clayton1/29/2010Interim Dividend0.5531344Container Corp2/1/2010Interim Dividend6532424Godrej Cons2/1/20103rd Interim Dividend1500113SAIL2/1/2010Interim Dividend1.6532793Shree Ashtavina2/1/2010BONUS 4:1-501301Tata Invest2/1/2010Interim Dividend15506395Coromandel Intl2/2/2010Interim Dividend6500179HCL Infosystems2/2/20102nd Interim Dividend2532761HOV Serv2/2/2010Interim Dividend2500384Brabourne Enter2/3/2010Amalgamation-532969CHI Investments2/3/2010Amalgamation-532922Edelweiss Cap2/3/2010Interim Dividend2501848Garware Offsh2/3/20102nd Interim Dividend0.8509152Gujarat Recl2/3/2010Interim Dividend5505982Hinduja Found2/3/2010Right 7:13-500243Kirloskar Oil2/3/2010Interim Dividend1.5532921Mundra Port2/3/2010Interim Dividend2.5533010Octav [...]

Record Date for Bonus , Dividend , Stock Split and Rights from 29th Jan to 10th Feb 2010 is a post from: First Blog for Indian Financial Market

Harrisons Malayalam bags contract worth 50.28 crore

Thu, 28 Jan 2010 22:35:18 -0500

Harrisons Malayalam Ltd has informed the market that the company has bagged order from KSRTC ,Trivandaram for construction of central bus terminus.The cost of the project is 50.28 crore. addthis_url = 'http%3A%2F%2Fwww.rupya.com%2F2010%2F01%2F29%2Fharrisons-malayalam-bags-contract-worth-50-28-crore%2F13862'; addthis_title = 'Harrisons+Malayalam+bags+contract+worth+50.28+crore'; addthis_pub = '';Harrisons Malayalam bags contract worth 50.28 crore is [...]

Harrisons Malayalam bags contract worth 50.28 crore is a post from: First Blog for Indian Financial Market

Technical Analysis Training and Seminar schedules !

TECHNICAL ANALYSIS - A Child's Play

January 30th

Time 1.30 pm to 2.30 pm Speaker: N S Fidai ( Analyse India )

Entry is free and open to all.

Personal Finance and Investment Show 2010

Venue :

Ravindra Natya Mandir, A/C Hall Near Siddhivinayak Temple, Prabhadevi, Dadar, Mumbai

Technical Analysis Training Session :

February 6-7

Delhi -- ( 1 seat left )

Sensex the next Multibagger .... a technical view --

February 6 th in DELHI !!

Time : 6.30 to 9.30 p.m

Venue : Delhi University

To confirm your presence for the Delhi seminar please mail to analyseindia@gmail.com or call me after market hours.

Best Regards,

Nooresh

09819225396

noorrock2002@gmail.com

Inflation at 7.31 Percent , Food Inflation at 17.40 Percent

Thu, 28 Jan 2010 02:47:05 -0500

Food inlfation which is of worry for us is at 17.40 Percent which was down for 3 consecutive weeks, While the Fuel inlfation was at 5.70 percent.While the annual Inflation was at 7.31 percent in December 2009, compared with 4.78 percent in November and 6.15 percent a year ago. addthis_url = [...]

Inflation at 7.31 Percent , Food Inflation at 17.40 Percent is a post from: First Blog for Indian Financial Market

16.6k gone.... Best case: 16100-16200 Worst case: 15500

Today in the morning had just made a post on RSI reaching highly oversold levels. The markets were down arnd 100-200 points in the morning. As per RSI we have reached to levels which were last seen around 15300 and previous major lows.

Check the RSI suggests oversold post -- http://nooreshtech.blogspot.com/2010/01/rsi-suggests-oversold-time-for-bounce.html

Further Technical/practical Observations with charts :

The index has fallen more then 16600 levels which i expected to hold or at least give a bounce. Better part is we were early into the rally with leverage taken at 16600-17k last time which we kept booking at higher levels so such a healthy correction is digestable.

Currently for stock specific actions this is a time to watch and enter/average on turnaround signals. But i would continue to maintain that avoid leverage as volatility can cut traders.

1) Fibonacci Retracements :

In the last few short term uplegs none of them have fallen much below 61% which comes to 16250-16300.
Retracement for the last move from 15.3k the 38% level comes to 16100.
For the total upmove from 8k the 23% retracement comes to 15500.

So ideally one could see bounce from 16100 band or in case we see further downmoves even after that then also 15500 should hold up for the next few weeks.
Move below 15500 opens up a correction of a higher degree.

Trendlines/Averages :
The extreme short term trendline which was at 16600 and a few bottom supports in that zone got broken today and the next important one comes around 16100.

Recent bottom at 16200 is a level to watch for. 200 day moving average comes closer to 15500 which would be the worst case in near term.
Sustaining below 15500 could really open the gates to much lower levels.

Conclusion :

Traders can look towards a bounce back trade on Nifty with a stop of 4770 and buy niftybees in parts. If the level gets broken look to re-enter around 4640-4670 with a stop of 4600.

Momentum could be seen on crossing 4950 levels which can take it to 5050-5090 also.

Sensex levels are 16100 and 15500 respectively. Do adequate risk management.

Apple iPad New Apple Tablet Announced from Apple

Wed, 27 Jan 2010 13:54:25 -0500

Apple revealed its so talked apple tablet in the conference that is going on now in San Fransico, they have called it as Apple iPad.Apple has made this device as combination of smartphone and laptop.We can surf the Net, check email, see images, watch videos, play music and games and read e-books.Source:NDTV- 0.5 inches thick- [...]

Apple iPad – New Apple Tablet – Announced from Apple is a post from: First Blog for Indian Financial Market

Sensex crashes by 490 points

Wed, 27 Jan 2010 06:04:40 -0500

When the market opened today i almost heard 2 to 3 FII saying indian market is safe not much of downside is not there atleast compared to other world market , i was like ya they say this all the time and on the back they sell the stock to have the market crash , [...]

Sensex crashes by 490 points is a post from: First Blog for Indian Financial Market

Lanco Infratech bags order worth 5675 crores

Wed, 27 Jan 2010 02:32:04 -0500

Lanco Infratech Ltd has informed the market that it has been awarded order worth totalling value of Rs 5,675 CroresContract Information>For Offshore Supplies equivalent to Rs. 2,160.00 Crores>For Civil Works of Rs. 1,021.68 Crores,>For Onshore Supplies of Rs. 1,756.44 Crores>For Services of Rs. 283.80 Crores>For Non-EPC of Rs. 454.08 CroresThese all are bagged by [...]

Lanco Infratech bags order worth 5675 crores is a post from: First Blog for Indian Financial Market

RSI suggests oversold .... Time for a bounce ?

Although i am not a great fan of RSI or any other indicators but do look into it when required.

Ever since 2008 we have seen the index reversing sharply whenever it goes into the oversold zone.

As per todays trading the index RSI levels are closing in to the oversold zone. Only on deep corrections like Jan 08 and Oct 09 has the Sensex cracked much below the RSI level.

Ideally index can take support any time in the next few days. In a deeper correction scenario another 200-350 points and index could see a sharp recovery.

Bottomline : Time to cover shorts or keep strict trailing stoplosses. Small longs can be initiated at current levels with a view to add on further declines or on turnaround.

We would look into the charts again in the next couple of sessions.

Just check the chart below with the labelling in RED for RSI and index behaviour.

To learn technical analysis

Keep reading this space for our technical analysis training session schedules.

Technical Analysis Training

Delhi Feb 6-7 ( only 2 seats left )

Best Regards,

Nooresh

09819225396

Sunday Thoughts !!!

In the last weekend after a long time i made a little posting on this section. Given below are a few words of it for rest check it ---Sunday Thoughts last week.

Right now index has done nothing but money making has got a little easier for speculators also !! which may not be a great sign but such a period does last for a couple of months and a little washout cleans them again.

Well the signs of a little washout were there last week but nothing as ominous to take a full exit so the view was only to take some money out.

Currently i would consider the next 1-2 weeks would be a time where the weak hands who finally got in at 17.5k would soon chicken out. The sentiment was slowly getting better but the good part is we are seeing a healthy correction before the things went euphoric.

If you are a long term investor the next couple of years should ideally be excellent for returns provided one is doing a bit of cashing in and cashing out partially.

Suddenly a 5-8% correction on the index has got lot many people asking me whether one should exit ALL ??... Are we in a place like last January ? or Oct ?? .... I would call this the hangover after a clean bull party....

As of now the leverage position and sentiments are nowhere closer to euphoria but is more closer to caution so one cannot expect a Huge correction.

The bottom line is next couple of weeks may create confusions with index going all over the place but one should continue to remain invested and look to add positions but not leverage. Only when index goes below 15500/16200 on weekly or monthly basis would i re-look into the long term trend and decisions....

Best Regards,

Nooresh 09819225396 noorrock2002@gmail.com

Aqua Logistics IPO Closing on January 28th 2010

Tue, 26 Jan 2010 05:50:05 -0500

About Aqua Logistics Established in 1999 and headquartered in Mumbai, Aqua Logistics is Indias foremost global logistics and supply chain partner, delivering excellence across industries, through an integration of empowered people, processes and technology. At Aqua Logistics, we enable our clients businesses by aligning the strategic and the operational perspectives. [...]

Aqua Logistics IPO Closing on January 28th 2010 is a post from: First Blog for Indian Financial Market

Vascon Engineers IPO opening on January 27th 2010

Tue, 26 Jan 2010 05:44:44 -0500

About Vascon EngineersVascon Engineers Ltd. has more than 20 years of experience, conceiving, developing, constructing and managing varied projects. It is active in multiple sectors including residential, industrial, IT parks, malls and multiplexes, hospitality and community. One simple principle [...]

Vascon Engineers IPO opening on January 27th 2010 is a post from: First Blog for Indian Financial Market

Syncom Healthcare limited IPO opening on January 27th 2010

Tue, 26 Jan 2010 05:37:15 -0500

About Syncom Healthcare limited Syncom Healthcare Limited was incorporated with an objective to manufacture and market pharmaceutical formulations. The Company is promoted by Shri Ajay S. Bankda, a renowned Indore based young entrepreneur. He started his career [...]

Syncom Healthcare limited IPO opening on January 27th 2010 is a post from: First Blog for Indian Financial Market

Thangamayil Jewellery Limited IPO opens on January 27th 2010

Tue, 26 Jan 2010 05:27:01 -0500

About Thangamayil JewelleryIn the year 1947, Mr. N. Balusamy Chettiar, father of Mr. Balarama Govinda Das, Mr. Ba Ramesh and Mr. N.B. Kumar started a proprietorship concern as Balu Jewellery having its office at 14 Swami Sandhi Street, Madurai. In the year 1979-80, Mr. N. Balusamy Chettiar handed over all the business of proprietary concern [...]

Thangamayil Jewellery Limited IPO opens on January 27th 2010 is a post from: First Blog for Indian Financial Market

Well Pack Papers Bonus Issue and Spilt

Tue, 26 Jan 2010 00:13:06 -0500

Well Pack Papers Board has informed the market that in the meeting that was held on January 23rd 2010 it has approved the Bonus issue and also the Sub Division of Equity shares .Bonus and Split Details>Bonus at the rate of 1:4 , which means 1 share for every 4 share held.>Accorded approval to the [...]

Well Pack Papers Bonus Issue and Spilt is a post from: First Blog for Indian Financial Market

Crompton Greaves Bonus Issue

Tue, 26 Jan 2010 00:09:12 -0500

Crompton Greaves informed the market that on January 28th 2010 it will not only come out with results , but also will decide on Bonus Announcements,the stock price has rose by 2 percent after the news. addthis_url = 'http%3A%2F%2Fwww.rupya.com%2F2010%2F01%2F26%2Fcrompton-greaves-bonus-issue%2F13812'; addthis_title = 'Crompton+Greaves+Bonus+Issue'; addthis_pub = [...]

Crompton Greaves Bonus Issue is a post from: First Blog for Indian Financial Market

J. Kumar Infraprojects bags order worth 36 crores

Tue, 26 Jan 2010 00:05:55 -0500

J. Kumar Infraprojects Ltd has informed the market that it has bagged orders worth worth Rs. 36.00 Crores.Order Details>Construction of pedestrian Skywalk at Kharghar, Navi Mumbai worth Rs. 33.00 Crores.>Pilling works orders from various parties worth Rs. 3.00 Crores.The order book stands at Rs. 1311 Crores as of January 25, 2010 . [...]

J. Kumar Infraprojects bags order worth 36 crores is a post from: First Blog for Indian Financial Market

Shree Renuka Sugars Bonus Issue

Tue, 26 Jan 2010 00:03:12 -0500

Shree Renuka Sugars Bonus Issue in the meeting that wqas held on January 25th 2010 has considered the Bonus issue that was proposed before and also approved the same , subject to approval of the shareholders,The Bonus issue is of 1 fully paid up equity shares of Re. 1/- each as bonus share for every [...]

Shree Renuka Sugars Bonus Issue is a post from: First Blog for Indian Financial Market

Dow Jones 10300-10350 and 10200 on closing basis will decide...

Its been a long time since we saw DOW cracking 200 + points and Nooresh making a post on the same. Also Sensex did not look at Dow for direction which almost made us forget DOW :)

The 200 pointer definitely makes a bad dent on the Dow chart but at the same time the index is now closing in on strong support zones.

10300-10350 is a short term trendline support. Also 10200-10150 zone needs to be closely watched to signal a change of trend. As of now we are coming to the zone but the next few sessions would give more clear signals.

Ideally one could expect a nice little bounce from the zones. So fingers crossed and watching.( Check charts posted below )

Sensex the chart has been posted just below this post which clearly shows 16600/16800 are the levels to watch for the reactions. Next few sessions would give clear signals.

echnical Analysis Training Schedule :

Mumbai ---- > January 23rd - 24 th 2010. ( 1-2 seats Left )

Delhi --- > February 6-7 th ( few seats left )

We have a few interested people in Delhi,Coimbatore,Hyderabad. So if people would like a session in their city please mail to analyseindia@gmail.com

Regards,

Nooresh

09819225396

noorrock2002@gmail.com

Sensex 16900-17250 ....Till 16600/16800 holds ;;;AAL IS WELL :::

We have become so used to the strong upmoves in the last 3 months that downmoves of 2-5% on the index suddenly look like big crashes.

But thats part of a trending move. Only on breakdown of certain levels and parameters confirms a trend change. Such a scenario is still not clear so one needs to now just wait and watch with positions made on lower levels and keep a trailing stoploss.

Check the chart below and detailed view :

Sensex Technical View :

-- > In the last few corrections or dips index has not dipped more then 61% of the last upmove. For the current upmove from 16600 to 17790 that level roughly comes to around 17000 odd.

-- > The momentum trendline has been again broken at 17400. But the downmoves after that have not been able to penetrate the recent lows. For now the recent low is 16600.

-- > The strong trending trendline shown in read colour is around 16900 for the next 1-2 weeks.

-- > The trend continues to remain strong till 16900 is not broken for 2-3 days.

-- > Only a closing level below 16600 should be taken as a signal to exit short term positions. A breakdown below 16600 would make the markets into a sideways consolidation.

-- > Stock specific Midcaps have not seen much of a decline till now and all the stocks which are tracking are continuing with strength. With the amount of profits made in last few months readers/clients can digest the worst case scenario of 16600 being broken and exiting all position

BottomLine: Let the markets give confirmatory moves by breaking strong levels before deciding the next strategy. As of now fresh buying on index ( Nifty ) can be done around 16900-17200 with a stop of 16600/16800.

Best Regards,

Nooresh

09819225396

Small Cap Index up 12% --- Did u MAKE MONEY !!

Just around 1 mth back on December 10 2009 i had made this post about how MIDCAPS and SMALL CAPS are on a verge of a move and will soon catch up with the leading indices.

The post was --- MIDCAPS /SMALL CAPS rocking ... Is it just the start of IT

Sensex moved just above 17500 to 17790 which is 1-2 % but small cap and mid cap indices have moved 10-12% in the last 1 -1/2 months. Many small cap stocks gave returns of 30-70% !!!

Did u make MONEY out of it ?? Were you able to spot it ?? ----- If the answer yes -- CHEERS

If its No - You know whom to get professional help from --- www.analyseindia.com

Current View :

The topping out of the index could happen only when the small cap and Midcap Index shoots vertically like it happened in Jan 2008.

The index did nothing between Oct 2007 to Jan 2008 but small cap index leaped vertically.

But right now we might be quite away from it as the rise is gradual and we may have another 5-10% move up in small cap indices before we review the situation.

Insha Allah would try to post a detailed chart mentioning about that phase once we get into it.

Technical Analysis Training Schedule :

Mumbai ---- > January 23rd - 24 th 2010. ( few seats Left )

Delhi --- > February 6-7 th ( few seats left )

We have a few interested people in Delhi,Coimbatore,Hyderabad. So if people would like a session in their city please mail to analyseindia@gmail.com

Regards,

Nooresh

09819225396

noorrock2002@gmail.com

Value picking in Holding Companies !!!

This is an area of Fundamental analysis and finding stocks which have huge intrinsic value.

Holding companies generally quote around 30-50% of the valuation of their holdings. In many cases this stocks would also go to 10-20% where in they could get interesting. Also many of the holding companies do not have business and only income is through dividends/payouts.

As majority of the core holdings are into group companies there is hardly a chance of liquidation of assets or stake sales which may suddenly boost up the valuations. So these stocks should be mainly defensive picks and one can only expect 20-30% upmove in 1 year in line with market sentiments. As downsides are limited the stocks become interesting for safe players.

Earlier i had made my call on J K Agri genetics and Maharashtra Scooters. In the two Maha Scooters is up 40% from recommended price but J K Agri is up only 5-10% !!!

So things take time to give returns in this space.

Again listing a few stocks !!!

J K Agri genetics / Bengal and Assam Company Ltd / CHI Investments

Now lets get into the details of all !!

J K Agri Genetics

As per the data available on the exchanged J K Agri holds major stakes in all J K group companies.

This roughly constitutes to around 90 cr in J K tyres and 50 cr in JK Lakshmi Cements.

Overall the company has 180-190 crores or more of holding value. Apart from that such a holding would generate some amounts of dividends.

Company does work in the Seeds which is an interesting business.

Current Market cap of the company : 60-65 crores. So its quoting at 30% of holding value. But it also has a business which could have some more value.

Investors looking for 20% or more annual returns should buy at 180-150 zone.

Bengal and Assam Company Limited.

This is the main holding company of the J K group with majority stakes.

This is much more value as apart from the listed J K Group it also holds many other investments !!!!

If i were to take those calculations it would take me days to do that. Listing down few important points.

1) Current Holding Value in JK group companies - 350 crores.

2) Holdings in other group companies which hold JK group stocks - namely Fenner India which cannot be valued.

3) Other quoted investments in equities/MFs and some unquoted investments

4) Apart from that there are many subsidiary companies which may be in other business.

Search more for details in the annual report link - http://www.bengalassam.com/25%2008%2009.pdf

Current market cap : 145-150 crores

I would expect the valuation of holdings would be anywhere between 350-650 crores. Apart from that there could be certain value to subsidiary cos and more to dig into this company.

Investors can look to accumulate the stock between 175-150 with a view of 20-30% or more in medium to long term. Stock can surprise heavily on the upside too :)

CHI Investments

This is yet another holding company which is quoting at a discount. Will soon put up a detailed view.

This stock can also appreciate by 20-30% in the long run.

Also in good times these stocks can surprise on the upside. Last bull market saw JSW holdings, HB stockholdings and many such cos shoot up.

Technical Analysis Training Schedule :

Mumbai ---- > January 23rd - 24 th 2010. ( few seats Left )

Delhi --- > February 6-7 th ( few seats left )

We have a few interested people in Delhi,Coimbatore,Hyderabad. So if people would like a session in their city please mail to analyseindia@gmail.com

Regards,

Nooresh

09819225396

noorrock2002@gmail.com

Some Charts - SREI Infra and ACGL

Sensex 18500 !! possible ! ...

COpied from previous view....Nothing much has changed !!

Sensex Technical View :

Sensex recently gave a fresh breakout around 17350. So ideally index should find good support around the breakout point which comes to 17250-17320 now for the next few sessions.

On the downside we have not seen any moves retrace more then 61% of late so we may expect 17k zones to hold up.

The next cluster of support comes around 16800-17k which is fibonacci and trendline ( blue ) .

Over all we see a major channel being made which breaks only below 16600. Till that level holds on closing basis the market could also turn up to the higher end of the channel which is 18500 + .We maintain this view.

Its easier for us as we bought around 16600-17k ( leveraged before now zero leverage ) and particular stocks have gained a lot so even if markets do break 16.6k we would be able to digest the stoploss hit :) !! ..

Although the apprehensions and caution signals are being heard all around but for people who are disciplined and ready to cut on stoplosses should trail and ride the current till markets show otherwise !!!

Sunday Thoughts .... GE shipping/Mahindra Life

Sunday Thoughts :

This section has not been updated for quite so long !!! So maybe a very small update here.

Right now we might be on the start of the speculative rally but irrespective of what comes be it huge move or huge fall !!! Disciplined trading and investing style makes consistent money.

Learn more , Research more and be quick to implement !!! Else you may end up making the same mistakes..... Above all take some money home out of the profits -- Enjoy the money made !!

Till you dont take the money out of the market its always tied by human infallacies !! and unsafe .... Many people who are following the blog may actually be much beyond their 2007-2008 portfolio highs so its high time u start taking some money out may it be even 50k out of a 10 lakh portfolio.

Check the trades given below.

GE shipping

Mahindra Life
Technical Analysis Training Schedule :

Mumbai ---- > January 23rd - 24 th 2010. ( few seats Left )

Delhi --- > February 6-7 th ( few seats left )

We have a few interested people in Delhi,Coimbatore,Hyderabad. So if people would like a session in their city please mail to analyseindia@gmail.com

Regards,

Nooresh

09819225396

noorrock2002@gmail.com

Tinplate a clean 30% gain - Technical trading example!

MESSAGE SENT TO CLIENTS on 8 th Dec

Investors can look to accumulate Tinplate India a Tata group company with a medium term target of 80/90 over the next 1-3 mths.

Technically buying zones 68-66 and add more on dips to 62 or below.Sustained closing above 68 could lead to a quicker move.

Please find the chart attached.( CHART 1 )

CHECK CHARTS GIVEN BELOW !!

CHART 1

PROFIT BOOKED On 31st December at 90 !

CHART 2

SIMPLE PRACTICAL TECHNICAL ANALYSIS !!!

If you would be interested in learning such a nice way to trade effectively join our courses

Technical Analysis Training Schedule :

Mumbai ---- > January 23rd - 24 th 2010. ( few seats Left )

Delhi --- > February 6-7 th ( few seats left )

if people would like a session in their city please mail to analyseindia@gmail.com.

Regards,

Nooresh

09819225396

Making Money is Easy Now but Keeping needs Discipline !!

For the daily updates on stocks keep checking the twitter box where i might keep tweeting through the day !!

To subscribe to our advisory services www.analyseindia.com

Stocks to watchout for :

Provogue and Tanla continue to look good for short term. Keep a stoploss of 60 on both.

Dolphin Offshore has completed targets book profits. Zee revise stoploss to cost. Vimta Labs long term call.

Fortis and Apollo Hospitals remain good bets for long term. Fortis being recommended from 70s !! and also 120 recently

Day traders picksss given below :

Buy Bharat Forge around 294 stop 288 tgt 308.

Buy SBI around 2120-2130 stop 2109 tgt 2160.

BUY ABB at 854 stop 840 tgt 870-878. ( already recommended to clients at 826 )

Punj Lloyd buy around 221 stop 217 tgt 230. ( Already recommended to clients at 217,5 )

Buy Patel Engineering only above 482 stoploss 474 tgt 500-510.

Midcap Stocks for short term :

Navneet could do 55-60 in next few days but a high risk trade for fresh entry .... ( picked at 46 today )

Long term investors who would like to lock their profits in defensive stocks should accumulate Atlas Copco and Hercules Hoists on every decline slowly. Book out of high beta get into these and the above stocks can surprise on upside in near term aso.

Dhanus Tech and Burnpur Cements are weird small cap picks which can give a return of 20-30% but risk is also 10% stop !! ...... If u remember this was the loved section in 2007 !!! but the most hated in 2008 ..... Now its back :) ... So take care !!

Ion Exchange ( recommended to clients at 143-147 ) looks set for a move to 170-180 in short term. Investors could look to buy small qty at current levels and add more on dips with a stop of 143.

Technical Analysis Training Schedule :

Mumbai ---- > January 23rd - 24 th 2010. ( few seats Left )

Delhi --- > February 6-7 th ( few seats left )

We have a few interested people in Coimbatore,Hyderabad. So if people would like a session in their city please mail to analyseindia@gmail.com

Regards,

Nooresh

noorrock2002@gmail.com

meraninooresh@yahoo.com

Quick charts - Zee on move .... Tech Mahindra,Lanco Infra ( weak ) , Tanla , JBF Inds

Blogging regularly is going to be an issue with the 9 am start so for now will be micro blogging more through the day with lots of tweets in the day !!

Follow me on twitter http://twitter.com/nooreshtech

Pass the link to others :) and tweet it around , make it your status update :! .... So the blog is read by more people

Stocks to watchout for :

Lanco Infra ( weak ) , Tech Mahindra , Tanla , JBF Inds

Technical Analysis Training Schedule :

Mumbai ---- > January 23rd - 24 th 2010. ( few seats Left )

Delhi --- > February 6-7 th ( few seats left )

We have a few interested people in Coimbatore,Hyderabad. So if people would like a session in their city please mail to analyseindia@gmail.com

Technical Views on some stocks !

Regards,

Nooresh

09819225396

noorrock2002@gmail.com

meraninooresh@yahoo.com