Calls :-) 24th July , 2007

SENSEX @ 16000 or NIFTY @ 4700 WHO EVER COMES FIRST DOESNT MATTERS.

MARKETS SAW A LATE BUYING YESTERDAY AFTER LUNCH SESSIONS, AS TOLD YESTERDAY THERE IS TOO MUCH BUYING LIQUIDTY IN THE MARKETS TO DRIVE THE MARKETS EVER HIGHER LEVELS THEN THIS. THIS CAN BE CONTINUED UNTILL A MAJOR EVENTS DOES NOT HAPPEN WORLD WIDE. EVENT CAN BE ANYTHING LIKE POLITICAL , NATURAL OR SOME PROFIR BOOKING HAPPENING.

MARKETS LEVELS :

SUPPORTS : 4515 ( 15366 ) , 4568 ( 15550 )
RESISTANCES : 4650 ( 15850 ), 4680 ( 15950 )

Strong foreign fund inflows may keep the sentiment bullish, but expiry pressures in the derivatives and mixed Asian indices in current trades indicate a volatility.

Housing Development & Infrastructure (HDIL) to list shares from today. IPO was at Rs 500 per share and it is expected to list at Rs 535 per share.

IVRCL Infrastructure got Rs 6.42bn irrigation orders from Govt of Andhra Pradesh

Pratibha Industries has secured two contract from BMC for water supply schemes for the value Rs 4.35bn to be executed in 45 months

Punj Lloyd venture got EPC order worth $ 79mn from Saudi kayan Petrochemical to be completed by January 2009

Results today: Mindtree, City Union Bank, Kansai Nerolac, JSW Steel (ENP Rs 3.96bn, up 133%) , Castrol, Balrampur Chinni, Eicher Motor, Mahindra Gesco, Panacia Biotech, Kotak Mahindra Bank, GTL, Britannia (ENP Rs 0.43bn, up 33%) , IBull Financial, Hindustan Zinc, Tulip, IDEA, Bharat Forge (ENP Rs 0.69bn, up 13%) , Hero Honda (ENP Rs 1.96bn, down 17%), Lakshmi Energy, Rico Auto, Pratibha, Opto Circuit, D S Kulkarni, Elder Pharma

EX DIVIDEND TODAY : English Indian Clays (Rs 7), HT Media (Rs 0.3), Khaitan Weaving (Rs 0.5), NESCO (Rs 1.2) and Rain Commodities.

WE EXPECT THE MARKETS TO OPEN ON FIRM NOTE.

RELIANCE PACK AS WE ARE TALKING SINCE LAST TWO MONTHS.

OUR RECENT CALLS WHICH MINTED GOOD TO OUR PVT CLIENTS ARE :

DLF FROM 550 TO 680 TODAY FROM LISTING DATE TILL TODAY.
VIP INDS FROM 115 TO 140
IDBI SELL CALL FROM 115 TO 108
PETRONET LNG FROM 55 TO 65 & WIL GO EVEN HIGHER
EDUCOMP HOLDING
FSL HOLDING
TV18 HOLDING
BF UTILITIES ALTHOUGH WE BOOKED PROFITS CMO 2800, WE RECOMENDED @ 1700 LVLS LAST MONTH.
BAG FILMS FROM 42 TO 60 TODAY.
CELEBRITY FASHIONS FROM 77 TO 88 TODAY & MANY MORE.

ACCUMULATE AMAR REMEDIES CMP 37, WHIRLPOOL CMP 39 ( as buyback on cards ).

WE HAD ADVISED TO BOOK PROFITS IN IT STOCKS & SECTOR LIKE INFOSYS , TCS ETC AS WE FEEL THE RUPEE TO GET EVEN STRONGER.

GOOD DAY, HAPPY INVESTING

MARKET COMMENTRY ( UPDATED IN LIVE MARKETS ) :

DLF CLOSE TO ACHIEVE TG OF 700 RECOMENDED AT 550 ON LISTING DATE CMP 680. BOOK PROFITS.

MARKETS IS ALMOST AT THE PEAK & WE WOULD LIKE TO ADVISE TO BOOK 25% PROFITS IN UR PORTFOLIO TODAY & REST 25% TOMM & BE IN CASH UPTO 50 % OF UR PORTFOLIO.

WE WOULD LIKE TO HAVE STOCK SPECIFIC & BOTTOM UP APPROACH IN THIS MARKETS.

SENSEX AT TREND LINE RESISTANCE @ 15900 LVLS CHK OUT AS U COULD SEE SOME SELLING PRESSURES AT THIS LVLS.

LONG TERM IS ALWAYS +VE BUT SHORT TERM IS CAUTION.

BOOK PROFITS IN OUR CONTRA CALLS ON AUTO & IT STOCKS & SECTOR TOO.

BUY WELSPUN GUJ ABV 250 SL 235 TG 265 , 280 SHORT TERM DELIVERY

Intra day sell Reliance inds below 1920 sl 1930 tg 1905 - 1900 cmp 1925 ( wait to trade below 1920 )

WELSPUN GUJ CLOSE TO ACHIEVE TG 265 CMP 263 DELIVERY TG 280+

RELIANCE INDS CLOSE TO ACHIEVE 1905 CMP 1907

NO BTST

MARKETS TOO CAUTIOUS REMAIN IN CASH FOR SOME TIME NOW.

POST CLOSING UPDATES :

NIFTY AFTER TESTING OUR 1ST RESISTANCE LEVEL 4650 CLOSED JUST 1 POINT +VE AT 4620 ON ACCOUNT OF PROFIT BOOKING SEEN ACROSS THE BOARD. ALSO SENSEX CLOSED WITH 63 POINTS + CLOSING JUST AT 15795. A HIGHLY VOLATILE SESSION HAS BEEN THERE ON ACCOUNT OF F & O EXPIRY COMING CLOSER. TODAY ALL TIME HIGH TURNOVER HAS BEEN THERE IN MARKETS AT AROUND 84000 CRORES OR EVEN HIGHER ( source CNBC TV18 ).

OUR MORNING CALLS DID WELL EVEN IN VOLATILE & UNCONVINCING MARKETS EDUCOMP FROM 2180 TO 2274 HIGH & CLOSED 2232 WHILE WELSPUN GUJ FROM 250 TO 262 LVLS. WHT ELSE U WANT FOR FREE OF COST ANYWAYS THIS WEBSITE IS FOR THOSE PEOPLE WHO HAVE LITTLE KNOWLEDGE OR NO KNOWLEDGE ABOUT MARKETS & ALSO NO GOOD SOURCE OF CALLS. FOR EXPERTS THEY DO NOT REQUIRE SUCH THINGS.

GOOD DAY AHEAD, HAPPY INVESTING.