Srisai's Instinct Stock Calls for Date from 28.10.09

Srisai's Instinct Stock Calls from Dt: 28.10.2009

This(Srisai's Instinct Stock Calls) will be a New Initiative of this blog to Publish Blog Author's Own Investment/Trading Calls for Short-Medium Term perspective. But All these Calls are not given on Purely Technical perspective. Most of these Calls are given by Blog Author from His past Investment/Trading experiences. So Do not expect More depth in Calls. Author has tried his best to give some calls for the benefit of Investors/Traders from his experience and from some media/web/news based call. So author request all the investors/traders to take/try these Calls as RISK CALLS. And Keep Strict Stop Loss Own (or) Keep Resi,Supp levels As Stop Loss for their Trading(or) Trade/Invest @ your Own Financial Risk. All type of Comments are Welcome about this New Initiative. Dont Forget to Keep Stop Loss and Again Author Remembering you that he is giving calls only from his past trading experience...

Dt: 27.10.2009


Nifty Future : cmp 4850

NFut supports at 4821-4790-4765 levels... NF has strong supp @ 4765 levels... Mkt has corrected nearly 8% from Recent high... Consider all these we advise Nifty Traders Start accumulate NF in Long side.... Resi @ 4880-4905-4927 levels....


Sintex cmp 230

Everytime Sintex bounce back from this levels.... So risk traders Go Long with 217 level Strict StopLoss...


Tatasteel cmp 500

Results (Both Profit, Sales) well below mkt expectation... If it breaches 494 levels it may fall to 483-477-464 levels soon... Upside to continue only above 523-527 levels.... So Risk is yours whether to Short/Long...



Bharti Airtel: cmp 306

Stock has corrected Nearly 50% from recent high of 460-470 levels.... So buy in 2-3 parts For Investments with time frame of 3-6 months.... Supports at 290-272 levels....



Dabur: cmp 152

Dabur is showing some strenghth in last few sessions... It could be Good Defensive Bet in medium term and also If mkt falls.... Supports at 141 levels... Buy for Medium term investments...


ICICI Bank: cmp 834

ICICI Bank seems to be Oversold in last few sessions.... If it corrects further Buy For Short term Bounce back with Own StopLoss...





Keep Given Strict StopLoss Or Keep Own StopLoss in All trades..


Bye


Srisai....

Morning Call from ET,Deadpresident Blog etc

• Top 5 picks of the day

• Mid-term picks of the day

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Tata Motors net zooms 110%, with rising input costs analysts still sound caution


Heard on the Street


Punters leave Balaji high and dry after QIP

Shares of Balaji Industries were among the big losers on Monday, shedding over 4% to close at Rs 264.65. The company had made a qualified institutional placement (QIP) on Friday at Rs 239.30 per share. Interestingly, the stock price had flared up on heavy volumes in the run-up to the QIP. The stock climbed from Rs 244 to Rs 275 in three trading sessions. Wonder why punters were so excited about the QIP, considering that almost all such placements in the past few months were done at a discount to market price. Having accomplished their task of propping up the stock price

, the opportunistic bulls now appear to making an exit.

Bears and bulls get ready to cross swords

Market conditions don’t appear to be favourable to bears, yet. But the Old Fox is a firm believer in the theory that big gains can be made only through big risks. He is very bearish on the telecom sector, and is steadily building up short positions in Bharti Airtel, Idea Cellular and Reliance Communications. In addition, he is also said to have gone short on Unitech, Suzlon and Punj Lloyd, among others. At the same time, bulls too are not finding the going any easier. The Rar(e)ing Bull is said to be refraining from big trading bets, and making token purchases in the stocks

he is bullish on from a long-term perspective. He is said to have accumulated a small chunk of Sterlite shares in the past couple of sessions.

A new caste system in the broking industry

Equity research is gradually becoming a key ‘differentiator’ in the broking industry. Several brokerages have begun promoting research as an exclusive product to investors. The more innovative ones (brokers) have started preparing reports targeting specific classes of investors. High volume institutional clients and affluent investors get on-the-fly direct email reports (on daily market developments) from analysts while small retail clients are often mailed reports that are a day or couple of days’ old. A leading brokerage — with strong presence in both the retail and institutional space — is learnt to be telling prospective retail customers that it provides the same research to both its institutional and retail clients. What it has not clarified is whether it will be providing the same research simultaneously to both sets of investors.

(Contributed by Santosh Nair & Shailesh Menon)


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Pantaloon Retail

GSPL

Bharat Forge

Mahindra and Mahindra Financial Services

Idea Cellular

ING Vysya

JSW Steel Limited

Dr Reddy's Labs Ltd

Atul Ltd

Power Sector

IDFC, HCC, BHEL, Asian Paints, Birla Corporation, JSW Steel

Adhunik Metaliks, Biocon, Garware Offshore, Infoedge, Rolta, Yes Bank

Reliance Industries

Zee Entertainment Enterprises /

Zee News

Source: Economictimes, Deadpresident Blog

Morning Calls

Top 5 picks I Mid-term picks

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Crucial support at 4,950

MICRO TECHNICALS

YES BANK
Current Price: Rs 256.5
Target Price: NA

The stock established a high of Rs 262 last week and it looks likely to test that soon. Volumes remain excellent. The problem could be over-extension since it’s moved up almost vertically in the past three weeks. Also it is impossible to set a target. Keep a trailing stop at Rs 249 and go long. Move the stop up 5 units for every 5 unit move.

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HIND UNILEVER
Current Price: Rs 280.5
Target Price: Rs 295

The stock hit strong resistance at Rs 295 and corrected down to a good support at Rs 270. It has started moving up again on slightly improved volumes. The pattern suggests range-trading will occur between Rs 270-295. Keep a stop at Rs 275 and go long. Start booking profits above Rs 293.

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JUBILANT ORGANOSYS
Current Price: Rs 237.5
Target Price: Rs 250

The stock has seen massive volume expansion coinciding with a rise from a bottom around Rs 210. If the volume pattern is maintained it will certainly test Rs 250 levels intra-day, though there is a strong resistance there. Keep a stop at Rs 232 and go long. Cover at Rs 250.

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CRANES SOFTWARE
Current Price: Rs 41.5
Target Price: Rs 48

The stock has seen strong institutional interest and bulk deals between Rs 38-41, leading to strong volume expansion. It has the potential to land somewhere between Rs 48-50, given the volume pattern. Keep a stop at Rs 39.5 and go long. Book profits above Rs 47.5.

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SHREE RENUKA SUGARS
Current Price: Rs 214.45
Target Price: Rs 225

Sugar remains in a secular bull-run. Renuka Sugars has climbed over 300 per cent in the past 12 months, from Rs 50 levels. It saw another price breakout coupled to strong volumes last week. The new target would be around Rs 225. Keep a stop at Rs 207 and go long.

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Other Stories:

Intermarket review 26-OCT-09 The term Intermarket was coined by John Murphy in 1990.

Analysts' corner 26-OCT-09 Adani Power (APL) is an interesting case of private sector entrepreneurship, capitalising on India’s persistent power deficits and exploiting high medium-term merchant tariffs which should reduce the payback of projects, and also having lower execution time cycles by using Chinese equipments.

Healthy demand outlook 26-OCT-09 A revival in the US financial services sector and better cost management would help TCS sustain profitable growth.

Stiff pricing 26-OCT-09 While an under-penetrated market and robust business plans should help DEN Networks grow faster, competitive pressures are likely to intensify.

Volume plays 26-OCT-09 India’s largest two-wheeler makers had a sparkling September quarter

Src: Economictimes.Indiatimes, Business-Standard

Srisai's Instinct Stock Calls

Srisai's Instinct Stock Calls

This(Srisai's Instinct Stock Calls) will be a New Initiative of this blog to Publish Blog Author's Own Investment/Trading Calls for Short-Medium Term perspective. But All these Calls are not given on Purely Technical perspective. Most of these Calls are given by Blog Author from His past Investment/Trading experiences. So Do not expect More depth in Calls. Author has tried his best to give some calls for the benefit of Investors/Traders from his experience and from some media/web/news based call. So author request all the investors/traders to take/try these Calls as RISK CALLS. And Keep Strict Stop Loss Own (or) Keep Resi,Supp levels As Stop Loss for their Trading(or) Trade/Invest @ your Own Financial Risk. All type of Comments are Welcome about this New Initiative. Dont Forget to Keep Stop Loss and Again Author Remembering you that he is giving calls only from his past trading experience...


Date: 26.10.2009

Nifty Future: cmp 5007

NFut little weak below 5063 levels... Upside only above 5063-5087 levels.... So keep watch on this... Downside supports are at 4970-4957-4930 levels.



Reliance Industries: cmp 2046

RIL stocks down 4% on Friday as Hardy Oil abondons KG-D9 block process.
But In my point of view Market has Over-reacted on this announcement... From the Media sources, I came to know some facts.... RIL Exploration Success Ratio is ( 60%) Bigger than Global Success Ratio of 40%... So No need to worry about this Abandon. And KG D9 Block as not as much important as KG-D6 block...
So If RIL falls below 2000, Use that lows as Buying opportunity for short term..

Supports are at 1970-1927-1906 levels...




BajajHindustan: cmp 233

Year high nearly comoing around 240 levels.... So if it breaks that levels with Huge volumes, then it could move 252-265 levels soon... Supports at 227-215 levels....



Polaris: cmp 170

Polaris is trying very hard to cross levels 173-175 in last two sessions... and also not going below of Rs 165 levels.... So decision is yours whether to short/go Long...

Supp: 165-160 levels. Resi: 173-175 levels.



EssDee Aluminium: cmp 373

I have tried this stock continuously while crossing 375-385 levels... some thing there in that range...That is stock struggles in that range... So risk traders watch this stock and make SHORT/LONG with Strict Own Stoploss... Supports may be 348-355 levels...


Amtek Auto : cmp 189

Stock has corrected nearly 20-25 % in last few sessions.... Buy this at further correction in Small/Medium quantities.... Stock's 50 simple moving avg is at 185 levels... S try this stock in small qty with own stop loss... Other supports are: 177-172 levels....



Again Says Keep Strict Given StopLoss/Own StopLoss in All Trades.....



Srisai

RIL slumps 4% as Hardy boys pull out of KG-D9 well

RIL slumps 4% as Hardy boys pull out of KG-D9 well

MUMBAI: Reliance Industries fell 4% after its minority partner Hardy Oil & Gas of the UK said it was abandoning exploration at a well in the D9 block off the Krishna-Godavari basin, reversing earlier estimates of gas worth billions of dollars. Although analysts have not factored in revenues from the block for Reliance earnings forecast, the fall was in part mirroring the crash of Hardy’s stock in the UK where it faced the worst-ever falls. Hardy crashed 37% to 345.25 pence in early London trading. RIL fell Rs 86.25 to close at Rs 2047.30 on BSE. The British explorer, which owns 10% stake in the field, said it would discontinue drilling at the KGD-A1 well, the first of a four-well programme at Block D9 in the Krishna Godavari basin, as it encountered “poor reservoir sands in the middle and lower Miocene target levels.” “The market has overreacted to the news as it was on the edge with stretched valuations,” said Amitabh Chakraborty, president of equities at Religare Capital. “For me, it seems to be an excuse for profit-booking.” Hardy in May this year had said that it estimated the prospective resources at Block D9 at 10.8 trillion cubic feet of gas and 143 million barrels of oil, almost equal to the reserves in the country’s most prolific KG-D6 block, whose monetary value is estimated to be $50 billion. It was then pulled up by the Director General of Hydrocarbon (DGH) saying it was premature to publicise the prospects of reserves. Reliance, which surrendered a third of the 45 exploration blocks to the government for unsuccessful exploration with sunk cost of Rs 1,400 crore, said on Friday it would not surrender this block, but would drill three more wells. “The data obtained from this first exploration well is significant and will be integrated with the existing geological model to improve the understanding of the geology and petroleum system within the block before drilling subsequent wells. Any rumour of RIL surrendering this block is completely baseless,” added the RIL statement. Analysts also believe that this is not the end of the road for RIL and Hardy in this block. “Exploration is a high-risk-high-reward game. Based on results of drilling one well, you cannot decide the prospects of the block. Cairn has discovered oil in Rajasthan after Royal Dutch Shell abandoned that block,” said an analyst with an international firm. Hardy is not throwing in the towel either. “We did not find a reservoir of good quality, so we have abandoned this well. We are looking at the data to plan our next drilling sequence. So far, we have drilled nothing in this block,” Hardy COO Yogeshwar Sharma told ET NOW. Early this year, RIL joined the league of global deepwater operators by putting its D-6 gas field into commercial production and doubling India’s natural gas production. RIL has started production of one oil find and two of the 18 gas discoveries in KG-D6. Its plans for nine satellite finds in the block as well as six discoveries in NEC-25 are yet to be approved by the government.

• RIL to drill more wells despite failure in KG-D9
• Reliance shares fall after partner says to abandon well

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Hardy abandons exploration in one D9 well of KG basin


Article Src: Economictimes, Businessline.in

Hardy Oil to abandon 1 well in KG D9 block; RIL stock down

Hardy Oil to abandon 1 well in KG D9 block; RIL stock down

UK-based Hardy Oil and Gas, which has 10% stake in Krishna-Godavari D9 block on the east coast of India, will abandon exploration of one well. The Hardy Oil stock was down 36% on the London Stock Exchange on the announcement.

India’s Reliance Industries (RIL), the field's operator, holds 90% in KG D9. RIL’s stock was seen under pressure after the news came out and was down about 4% on the National Stock Exchange at 14.35.

In response, RIL said it would comment only after informing the Directorate General of Hydrocarbons (DGH), the government body that overlooks the management of oil and natural gas resources in India.

The DGH in June had complained to market regulator Securities and Exchange Board of India (SEBI) when Hardy had “prematurely” announced its assessment of reserves in the KG blocks.

Market Watch: Sensex trips on profit booking; RIL, L&T weigh

RPT-UPDATE 1-Reliance shares hit as partner says to abandon well ...

Reliance down as Hardy Oil abandons well in KG D9 block

Reliance down as Hardy Oil abandons well in KG D9 block

India Infoline News Service / 02:26 PM , Oct 23, 2009

Hardy holds a 10% stake in the D9 block while, Reliance Industries is the operator, with a 90% stake.

Shares of Reliance Industries have declined by over 4% to Rs2064 after Hardy Oil & Gas Plc reportedly plans to abandon a well in the KG-basin that showed “poor” reservoir sands. Hardy Oil and Gas plc, announced the results of the drilling of the first of a four well programme on the Company's D9 (KG-DWN-2001/1) exploration license. The exploratory well KGD-A1 drilled to a total depth of 4,875 m TVDRT (4,861 m subsea) to explore the Middle and Lower Miocene targets, will be plugged and abandoned. While encountering some background gas while drilling, the well encountered poor reservoir sands in both the Middle and Lower Miocene target levels. The data obtained from this firstexploration parametric well is very significant and will be integrated with the existing geological model to improve the prospectivity of the block before drilling subsequent wells. The first phase of the D9 exploration licence provides for the drilling of a further three exploration wells in the block. Hardy holds a 10% stake in the D9 block while, Reliance Industries is the operator, with a 90% stake. Shares of Hardy Oil in the UK were slam-dunked by over 36% in a single trading session.

Src: All Leading Websites...

Srisai's Instinct Stock Calls

Srisai's Instinct Stock Calls

This(Srisai's Instinct Stock Calls) will be a New Initiative of this blog to Publish Blog Author's Own Investment/Trading Calls for Short-Medium Term perspective. But All these Calls are not given on Purely Technical perspective. Most of these Calls are given by Blog Author from His past Investment/Trading experiences. So Do not expect More depth in Calls. Author has tried his best to give some calls for the benefit of Investors/Traders from his experience and from some media/web/news based call. So author request all the investors/traders to take/try these Calls as RISK CALLS. And Keep Strict Stop Loss Own (or) Keep Resi,Supp levels As Stop Loss for their Trading(or) Trade/Invest @ your Own Financial Risk. All type of Comments are Welcome about this New Initiative. Dont Forget to Keep Stop Loss and Again Author Remembering you that he is giving calls only from his past trading experience...

3-5 calls will be given in every SRISAI's INSTINCT STOCK CALLS.

Date: 23.10.2009


Nifty Future: cmp 4998

NF Resi Seen at 5063-5087... Upside to resume only crossing this level. Supports pegged at 4970-4957-4930-4905 levels.
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Today Results: ITC, BHEL, NTPC, JSW, HCC, PunjLloyd etc
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SRF:

cmp 202

Supports at 193-188 levels. If falls to that levels Try LONG with Rs 5 as Stop Loss.

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Prism Cement: cmp 43.60

Stock Has strong support at 42-39 range.. So try this Stock for LONG for a tgt of 46-49 levels.

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UNitech

Cmp : 100.6

Unitech has support at 95-97 levels... If breaches this , then may test 88 range... Upside resi @ 103-108 levels. SO decision is yours...

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Jubilant

Cmp 211

Stock has down nearly 25% in recent times. Good set of results... Accumulate for INvestments

Top 5 picks of the day

Top 5 picks of the day

ET Bureau

Indian shares fell for the third straight session and closed 1.3% lower on Thursday to their lowest in two weeks, hurt by a decline in global equities and as results from engineering firms failed to cheer. The 30-share BSE index, Sensex, closed 1.29% or 219.43 points lower at 16,789.74, its lowest close since October 9. Only 6 of its components closed in the red.



Check out top five picks of the day by Anu Jain, vice-president, IIFL Pvt Wealth Management

(Views expressed are personal. The chartist may have interest in some or all the stocks.)

Yes Bank 23 Oct 2009, 0654 hrs IST

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Latest Quotes | Charts | News/Announcements | Quarterly Results | P&L | Price History Recommendation: Buy Last Close: Rs 248 Target: Rs 242 Stop Loss: Rs 265 The stock has been on a sharp breakout. It has made its 52-week high at 262+ one day prior to results. The stock is trading comfortably over 10 Day Moving Average of 222. Overbought on oscillators , but MACD strongly positive.

Nifty 23 Oct 2009, 0650 hrs IST

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Recommendation: Sell Last Close: 5002 Target: 5068 Stop Loss: 4945/4885 Nifty opened weak on global cues. First short signal emerged when Nifty could not hold 5,070 level, the second signal emerged when after flirting with 5,020-5,030 support, the market finally gave way to sub 5,000 levels.

i Infotech 23 Oct 2009, 0609 hrs IST

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Latest Quotes | Charts | News/Announcements | Quarterly Results | P&L | Price History Recommendation: Buy Last Close: Rs 94.7 Target: Rs 91.9 Stop Loss: Rs 99 Currently, the stock is in a band of 92-98. The stock has been taking support at 20 DMA of 92. Trend saturation visible for current trend of consolidation. It looks likely to cross target of 99 and move to 105 levels.

More on this: Top 5 picks of the day

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Mid-term picks

ET Bureau

Broking house Sharekhan has suggested following five stocks for mid-term picks of the day.

DISCLAIMER: The views expressed in these pages are from brokerages, analysts and fund managers. Readers should seek professional investment advice before acting on any recommendation. ET does not associate itself with the choices.

Click NEXT to see the Mid-term picks.

TCS 23 Oct 2009, 0645 hrs IST

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Latest Quotes | Charts | News/Announcements | Quarterly Results | P&L | Price History BUY MARKET PRICE: Rs 627.50 TARGET PRICE: Rs 674 In terms of the demand environment, TCS sees opportunities in the BFSI vertical in the near term on the back of M&A and integration work, and increase in the discretionary spending. The management believes in the bottoming out of the manufacturing, telecommunications and hi-tech verticals.

More on this: Mid-term picks



Src: Economictimes.Indiatimes.com

Top five picks of the day and Heard on the Street : ET

Top five picks of the day

Top five picks of the day 21 Oct 2009, 0521 hrs IST

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Domestic shares closed 0.6% lower in see-saw trade on Tuesday, pulled down by Reliance Industries (RIL) on investor nervousness over the start of a court hearing in the energy giant’s dispute with Reliance Natural Resources (RNRL). The Supreme Court started hearing arguments in the case between RIL led by billionaire Mukesh Ambani , and RNRL, led by his younger brother Anil, over a deal to sell gas to the latter at below-market rates as per a family settlement. Check out top five picks of the day by Birendrakumar Singh,Technical Analyst, Religare Cap (Views expressed are personal. The chartist may have interest in some or all the stocks.)

Hexaware Technologies Ltd 21 Oct 2009, 0521 hrs IST

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Latest Quotes | Charts | News/Announcements | Quarterly Results | P&L | Price History Recommendation:Buy Last Close: Rs 91.40 Target: Rs 105 Stop Loss: Rs 85 The stock has witnessed a strong breakout after crossing Rs 90, it has been moving in a consolidation for past eleven trading sessions. The breakout is accompanied by heavy volume and is likely to move up to Rs 105, maintain a stop loss of Rs 85.

LIC Housing Finance Ltd 21 Oct 2009, 0520 hrs IST

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Latest Quotes | Charts | News/Announcements | Quarterly Results | P&L | Price History Recommendation:Buy Last Close: Rs 839.05 Target: Rs 890 Stop Loss: Rs 817 LIC Housing Finance has been moving in a narrow range for past three trading sessions, giving rise to a “Pennant” like pattern. It has witnessed a breakout of the “Pennant” while doing so it has also given a close above its all-time high. It is now likely to move up to 890 levels. It has a resistance at Rs 868 at which one can raise the stop loss to Rs 825 from Rs 817.

More on this < Top five picks of the day>

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Heard on the street

Heard on the street 21 Oct 2009, 0421 hrs IST, ET Bureau

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New releases, multiplex expansion lift K Sera Sera The stock price of K Sera Sera has gained close to 35% in the past one month alone. The buzz is that the company is betting big on some of its new releases that are in the pipeline. It has made an investment of close to Rs 100 crore in about 10 movies, out of which two will be released shortly. Some of its past blockbusters include Guru, Partner and Sarkar, among others. The stock, trading at its 52-week high, closed at Rs 21, down almost 2% from its previous close on huge volumes. Brokers say the firm is also planning to set up a chain of smaller version of multiplexes (having lower seating capacity) in tier-II cities in the next few months. The expansion would be part-funded with the money it recently raised in the GDR market. When contacted, a senior company official confirmed the developments, but refused to divulge details on the same. ISP licence buzz triggers selective buying in Zylog THERE’S a selective buying in Zylog Systems shares, following a buzz that the Chennai-based company has completed its Wi-Fi pilot project. It is expected to put in place about 4000 Wi5-enabled nodes against 250 currently installed in Chennai, within a year to make its entry in the ISP business. It has obtained a category-A internet service provider licence to operate in all DoT circles. Similar Wi-Fi services will be made available in Bengaluru, Delhi, Mumbai, Hyderabad and Kolkata. The stock closed at Rs 343, down almost 1.9% from its previous close, after gaining close to 5% in the past one month. The company may also lease its infrastructure and expand overseas, after complete services rollouts. When contacted, a senior company official declined to comment on the development. India Inc’s funds hunt a boon for small i-banks THE sharp surge in fund raising among India Inc, especially among the mid-tier Indian corporates, has proved to be a bonanza for small boutique investment banks. With M&A deals few and far between in the current environment, many of these boutique investment bankers are looking at innovative strategies to boost their business. For instance, in the event that a small or mid-sized company was to approach a boutique bank to do a QIP, these banks, which come in as advisors, turn to large domestic or foreign brokerages with the FII and FI connectivity to place the trade. These tie-ups are at best informal understanding where boutique banks are trying to lever on the brokerages distribution size and network. Contributed by Apurv Gupta & Deeptha Rajkumar

Src: Economictimes.Indiatimes.com