Market Report 16 th may 08

With the sensex outperforming the rest in the gains..the nity climbed up to 5100 lvls.. The gains were mainly due due to shrt cvring upto 5070 lvls but later afternoon there was afresh buying seen in lots of capital good sector wioth realty also doing good and sugar sector on newzz of govrmnt raising the prices ..

The Dow had agood gains yesterday close with alsmot 100 points on accnt of somne positive newzz , Cnet being looked for buyout and crude fallin..These factors were enough to give DOw some roar..The asian markets are trading in green and expect sensex to do well today also , with straight 2 days of gains we will be in good gains today., though inflation figures will be released but mrkts have ifnored the last 2 weeks inflation figures but this week we think it might put some positive effect to inflation with good nos..

Rcom buy call 2 days back by moneygruus @ 535 lvls have closed @ 590 lvls yesterday .. this is calls buy before the newzz .. and u can get this only thru moneygurus.. Reliance infratel a subsidy of rcom get SEBI approval of forits issue , its planning to divest 10% of its stake ...

also Reliance Communications (RCOM) has obtained a $750-million (Rs 3,000 crore) loan from China Development Bank to fund its nationwide GSM foray..

The ipo market is improving and so the issues started coming The Multi Commodity Exchange of India (MCX) has received approval from SEBI for its much-awaited initial public offering (IPO). Financial Technologies hold majority stake in MCX..keep eyee..

Reliance Industries (RIL) is learnt to be talking to three mid-sized oil companies — Australia’s Santos, Devon Energy and AARCO of the US — to bid for oil and gas blocks in the seventh round of the New Exploration Licencing Policy (NELP). ..

Wipro Ltd plans to build custom-designed solar and other renewable energy plants by entering the green energy technology business ,...

Tech Mahindra has bagged US$700mn contract from BT..

L&T to utilize Lafarge money for expanding shipping, power and infrastructure projects..lafarge has just bought LNT concrete buzz..

daily trade calls at http://forum.fnotrends.com

Have a grt weekend ...

Market Report 15 MAY 08

Market saw a good rcvry on the accnt of support from good opng from europe..the momntum stock gained .. ahead of shrt cvring and some FII buying . FII were net buyers from last 2 days. The yesterday marekt which was trading in weak zone in the monrg bell gained strength in the later half to 17,000 mark.The sensex will today try to brk that resis lls of 17250 ..Nifty too expected to face resistance at 200 dma @ 5075 mark..

Dow closed yesterday with half of the gains that it have gained in intraday ..Dow was trading with three digit gains to close at adequate marginal gains while nasdaq was almost flattish . Asian markets are in support of bulls to be trading at green range . Today anything like rally does'nt seems to be visible but anything like short cvring in stock specific can definate gv some spikes to the stock value..

Our buy call for lanco @ 440 marked 520 marked yesterday .. lanco is in newzz to win the 8000 cr contract to handle container .. in kerala port.. the stock wuld be in action today also and is expected to mark certian lvls..

Mercator Lines has reported strong results for Q4 and full year. The company has posted almost a 3-fold jump in net profit for FY08 at Rs3.7bn, supported by growing fleet, buoyant shipping demand and firm freight rates in dry carriers segment..

Dont expect much from the market as FII are buying very slowly and its almost very low amnt as compared to the previous yr.. also the volumes have fallen drastically in the trading specially the deleivey volumes..which shows the bulls are still not cnfrm .. the only startegy to wrk here is buy in lowss and exit as soon u gt proft from these..

Cement stocks could be under pressure after companies pledged to cut prices, joining steelmakers in the government's efforts to curb inflation.. it may be for 3 month time but it is done. so stay away from cement sector as of noww..

JSW Steel surged by over 4% to Rs996 after the company announced that it posted 14% growth in crude steel production in April' 2008 including production of Salem works for corresponding period on comparable basis.. we did the buy call of jsw to our members at 900 lvls.. and bookd profit yesterday...

Kinetic Motors has clarified that the news about M&M buying a majority stake in it is purely speculative..

Bharti and MTN in talks for 50:50 cash-share deal..

EDS arm, Mphasis may go private following HP deal..

Punj Lloyd plans to offer onshore oil rigs to Libya’s National Oil Corporation. (..

Satyam loses appeal barring its moves to block the online mobile payment company Upaid’s fraud and forgery claims against it in Texas..may hv sm -tive effect..

Shyam Telelink gets CDMA spectrum in Maharashtra..

Monsoon to reach Kerala on May 29, three days early.. this is tye onlyyy trigger that can be in favour of bulls..

have a grt day ..

trading call at http://forum.fnotrends.com

Market Report 14 May 08

Markers saw a reverse back in yesterday trade .. just opp to what we say in monday trade.. nifty taking support at 4900 mark .. and fell from the days high of 5060 mark to close at 4945 mark..

Crude is not in mood to fell dwn and credit policy market rumurs and bad european market did the role of bears to pull market down .

Serial blast rocked the pink city yesterday night with sewere damage to both lives and humanity and economy..

Market expected to open on weak node.. 4900 may be have some buying lvls for various retail as well DII .. So one can buy at 4900 lvls.. with 4870 as strict sl ..

Dont expect much from markets today .. a weak trading day ..

Stocks like Moserbaer , SCI which is in newss of giving bonus might show some action ..

Mphasis was in action yesterday on ahead of newzz of HP buying EDS for packed deal .. Mphasis is indian arm of EDS so was the stock in action .. keep an eye on this today also..


Bharti Airtel is holding discussions with South African telecom company MTN Group that are aimed at merging the two companies..

Gail announced that it would invest Rs 3,413 crore during 2008-09 to expand its pipeline network,...

Tea exports rebounded in March by 20 per cent, .. that gave soike to tead company...

RIL is expected to commence production of gas from Krishna-Godavari basin is all set to start in the last week of June..

have a grt day ... !!!

Market REport 13 May 08

Sensex closing on friday was at very crucial lvls and the monday when it was on the stage of rcvring from its intrday loses and on the border of getting green the newzz of Bad IIP nos struck the market and we saw a free fall in nifty.. though this was later being used as bottom fishing by mzny of the DII , we have gvn the signal in the monrg itself that we will seethe buying cming in the markets at 4900 lvls and u can see that buying started at exactly 4910 lvls to make nifty gain almost 100 points from its lowss..

Nifty call of our yesterday buy nifty was almost up 100 points ..

The Earthquake newzz also did some sizzler effect and the sensex reacted to that also but vey little time..
Crude lost its gains from the highs and the EDS merger newz with HP make the DOIw jones to have a very good closing with 3 digit gains ..
Anlayst are predicting the rise in inflation and incrz in intrst rate are the culprit for the low IIP nos .and the GDP might slow down in curse o f that in the cming yrs..
But they dont see much effect and inflation and IIP nos both are expected to do well in the down time of say 6-7 months ..

Oil stocks saw a huge build up yesterday with our invstmnt call CAIRN @ 240 and 270 crossed 300 lvls to close at 304 lvls.. CAirn has a still huge build up in open intrs .. the trgts in dlvry as given by moneygurus are 335-370 in this script..

Fertilizer saw some action in the last hrs of trade when there was some short cvring that made some of the scripts to shot up.. include RPL that gained almost 10 rs from its lows.
..
Today we will open from positive to flat.. as the IIP nos have some how hurted the sentiments..
but we dont see any major rally and pullback.. short are still pending and there is certail lvls in mind to cvr that shorts which is still not triggrd...

Ranbaxy newzz was out on monday and we have gvn the buy call @ 465 oin friday.. u can see that the stock gaining and closing almost at 500 lvls.. the 500 lvls resistance is likely to be crossed today and we can see the stock touching 520 vls soon...

IFCI saw a huge profit booking with unwinding of opn intrst ..
Steel sector has saw some intrs build up.. with moneygurus tata steel call still below its trgts..
SAIL is having a good biold up and we can see some action in this script today ..

Rupee weakened past 42 per dollar for the first time in more than a year on Monday after data showing factory output grew at its slowest in six years raised concerns about a slowdown in the economy


Arvind Mills, one of India’s leading textile manufacturers and owner of brands like Flying Machine and Newport, will be investing close to Rs 400 crore in expanding its retail presence..

Indiabulls group, an emerging conglomerate with interests spanning from financial services to retail, on Monday said it is in talks with some leading global single-product retailers seeking a pan-India presence..

Bharti Airtel is likely to revise its bid for South Africa based MTN and the transaction is believed to be cash heavy....


NTPC Ltd, the country’s largest power generator, is eyeing majority stakes in one to two Indonesian coal mine..

have a grt trading day!!!!

Daily Trading calls intrday /BTST/ swing @ http://forum.fnotrends.com