25 November 2009

Srisai's Instinct Stock Calls for Dt: 25.11.2009

Srisai's Instinct Stock Calls for Dt: 25.11.2009

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...


Nifty Future cmp 5085

NFut is facing stiff resi @ 5114-5122 levels... Unless It broken, We cant make New Year Highs(5181) (Or) Cant touch previous highs.... Supports @ 5056-5030-5012 levels...


Chambal Fertilizer cmp 56.55

After a Long time Stock has breached Resi @ 55-56 levels... If this Holds for 2-3 days then could Go 59.70-62 levels.... Supports at 52.50..



Bharat Forge cmp 278

It seems that Stock has good support at 256-265 levels... Everytime Bounces from there and reaches 275-285 levels... If this breaks 285-288 this Then We can expect Good Upside from there..



GMDC cmp 129

Stock has Good support at 110-114 levels... Buy this Stock with 110-114 as Strict StopLoss.... Stock may give Nice returns in the days ahead.....



NilKamal cmp 163

(From Outside Broking Market Friends)

Stock may reach Rs 214-230, then 277 levels in 3-5 months.... Stock Has support at 144-147 levels... Accumulate this stock.... But Keep Own StopLoss depends on the your own risk......



IPO Listing

Astec Lifescience

Price: Rs 82....



Bye


By Srisai

Morning Views - ET

Top picks of the day |

Top mid-term stock picks



****************************************
Dollar still the 'currency of choice' for carry trade

Tata Comm, Infosys & four others in deal with US cos

Govt to review policy on foreign portfolio investments

Nifty to face resistance at 5110

*****************************************
Ambanis in News


Anil Ambani tops pay chart; Mukesh biggest dividend earner RIL avoids debt route for Lyondell acquisition

RIL to fund its LyondellBasell acquisition by selling treasury stock without taking any additional debt. 900 RIL pumps back in biz



Heard on the street

Bulls caught off guard in XL Tele as FIs

offload


Bulls who have tried bottom-fishing in shares of XL Telecom & Energy recently could be in for trouble as some of the institutional investors have been dumping their holdings. The company’s balance sheet is under strain, and it has already applied to the Corporate Debt Restructurring (CDR) cell to recast its high-cost loans. One of the sub-accounts of Morgan Stanley & Co International has sold 6.6 lakh shares of the company early this month and pared its stake to 0.87% from 4.05%.

The shares were sold on November 6, and the company was informed on November 17. An earlier filing with the BSE shows that the sub account had come to own 11.19 lakh shares (5.4% of equity) of XL Telecom through conversion of FCCBs on October 23 this year.

Strangely, the company’s shareholding pattern for the quarter ended September 30, shows the Morgan Stanley sub-account as holding 11.19 lakh shares. At the peak of the bull run in 2007, XL Telecom was tipped as an upcoming blue chip, with some of the savviest investors on Dalal Street buying sizeable stakes in the company. The stock, which had touched a peak of Rs 595 sometime in December 2007, closed at Rs 38.55 on Tuesday, down 4% over the previous close.

Dalal Street gets a pedestrian look

NOT been to the Bombay Stock Exchange (BSE) for some time? Your next visit to the exchange may surprise you with some changes that have just taken place around the iconic Jeejeebhoy Towers and the Rotunda building housing the exchange and broker offices.

Heightened terrorist threat has prompted the police and the exchange authorities to leave no stone unturned to beef up security in the premises. The lanes surrounding the two buildings, including the famous Dalal Street, have been declared as a pedestrian zone and no parking is allowed for any vehicle in those lanes.

Even the exchange’s own underground parking is no longer available for its officials and the members. All this ahead of the forthcoming anniversary of the 26/11 terrorist attacks that had caused tremors globally.

Banks gain on fund infusion talk

Buzz is that government is set to infuse more funds into public sector banks in order to help them boost their capital and to possibly smoothen the consolidation process.

Market sources say Syndicate Bank, Andhra Bank, Union Bank, Dena Bank, Corporation Bank and Bank of Maharashtra are some of the banks that are likely to get capital from the government.

Talks of recapitalisation and merger spurred buying in second-line banking stocks on Tuesday. Union Bank, which was bought in large numbers by domestic mutual funds, ended 2.4% higher at Rs 284 on the BSE.

Dena Bank and Bank of Maharashtra ended 3.3% and 0.1% higher at Rs 83 and Rs 50 respectively.

Contributed by Santosh Nair, Vijay Gurav & Shailesh Menon


Src:Economictimes.Indiatimes.com

24 November 2009

Srisai's Instinct Stock Calls for Dt: 24.11.2009

Srisai's Instinct Stock Calls for Dt: 24.11.2009

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...


Nifty Future cmp 5106

NFut resi @ 5122-5144-5181 levels.... Supports at 5080-5056-5030 levels... Risk traders Short Nfut at 5122 levels with 5144-5153 as Strict StopLoss...



Reliance cmp 2197

Reliance Stron resi @ 2240-2270 levels.... Before the Q2 qtrly results Stock was hovering around this 2240-2270 levels.... So 2240-2270 will act as some Resi Zone... But if it cross that level, then may go to 2340 levels Soon.


GSPL: cmp 94.5

Outside Call:

If 96-98 crosses with good volumes then may go upto 115-123 levels... THis is A Investment Call.. Supports at 89-85 levels.... Resi @ 104 levels....



By Srisai


23 November 2009

Range-trading may continue this week

Range-trading may continue this week

Look for a close above 5,100.

AA week of very narrow range trading ended with small positive gains. The Nifty closed at 5,052.45 points for a gain of 1.1 per cent. The Sensex closed up 1.02 per cent at 17,021.85 points. The Defty closed up by 0.65 per cent with the rupee losing a little ground.

Breadth was balanced with advances matching declines while volumes dropped in the cash market. Domestic institutions (DII) were net sellers in moderate quantities while foreign institutional investors (FII) were net buyers in modest amounts. The BSE 500 gained around 1 per cent - about the same as the pivotal indices.

Outlook: Settlement week is likely to see a surge in intra-day volatility but we don't have strong directional indicators. The market gained on Friday afternoon on short-covering but it remains stuck inside the range of 4,900-5,100 as it has, for almost three weeks. Any breakout in settlement week would see a likely swing of 150-200 points.

Rationale: The odds are, there will be a breakout. Strong carryover and repeated probing of the resistance at 5,050+ makes it likely that this will be upwards. However, the corrective intermediate trend has now lasted four weeks and that is on the short side. The long-term trend is up, so is the short-term trend though that could fizzle on Monday itself. If you're bullish, get excited only if there's a close above 5,100.

Counter-view: Institutional attitude is not strong. DIIs have been selling relatively small quantities, and the FII volume is also low, though it is positive at the net level. If the institutions remain non-committal or negative, it's difficult to see operators and retail traders pushing the market up far. Trading focus normally narrows to the few top counters in settlement week. Stocks outside the derivative set might see sharp decline in volumes. A close below 4,850 would probably mean 4,700 being tested.

Bulls & bears: The IT sector did better than the market, with the CNXIT up by 1.6 per cent. TCS and Moser Baer were among the more bullish counters. Banks underperformed week-on-week with the Bank Nifty up only 0.7 per cent but there was a big surge on Friday afternoon. Most of the major gainers were the second-string PSUs like Syndicate Bank and Andhra Bank.

Cement saw a lot of bullish action. The Grasim-Ultra Tech Cement deal seems to have focussed attention on the entire sector. Metal stocks such as Tata Steel, Sail and Hindalco also did well. The trend was mixed in real estate though there were high volumes as usual. Losers included power stocks such as Suzlon, Rpower and Bhel. Major telecom counters continued to look weak and sugar stocks are weakening on profit-booking.

MICRO TECHNICALS

ACC
Current Price: Rs 766
Target Price: Rs 800


The stock has seen volume expansion driving a price uptrend. It has cleared strong resistance at around Rs 750-755. The target projection would be somewhere between Rs 790-810, though there's significant resistance at Rs 775. Keep a stop at Rs 755 and go long. Increase the position above Rs 775.

DLF
Current Price: Rs 375.5
Target Price: Rs 400


The stock has started consolidating around a base of solid support between Rs 355-365. It is likely to range-trade between Rs 370-400. A breakout beyond major resistance at Rs 400 would require a serious volume expansion. Keep a stop at Rs 365 and go long. Book profits above Rs 395.

TCS
Current Price: Rs 693.15
Target Price: Rs 670


The stock has been bullish since March and the momentum accelerated after the 1:1 split in June. It is hit resistance just below Rs 700. A reaction would pullback till Rs 670. Keep a stop at Rs 700 and short. Cover at Rs 670. If it closes above Rs 700, reverse the position and go long with a target of Rs 720.

Vijaya Bank
Current Price: Rs 53.5
Target Price: Rs 62


The stock has a V-shaped bullish pattern and its testing resistance at Rs 55-56. Volumes are up. If it closes above Rs 56, the next target would be Rs 62. Keep a stop at Rs 50 and go long. Increase the position above Rs 56. Book profits above Rs 61.

Suzlon
Current Price: Rs 73
Target Price: Rs 65


The stock has been bearish since June. The long-term trend has seen resistance along a falling trendline at about minus 45 degrees. The reaction last week came along that trendline at Rs 79-80. The minimum downside would be Rs 65-66. Keep a stop at Rs 79 and short. Cover at Rs 66.


Mixed week for Smart Portfolios 23-NOV-09
With the exception of Ajay Parmar, fund managers found it difficult to negotiate the volatile markets.
Analysts' corner 23-NOV-09
Bharat Electronics’ (BEL) order backlog at the end of October 2009 stood at Rs 12,260 crore, up 18 per cent from Rs 10,390 crore as on April 1, 2009.
Gold may advance further says survey 23-NOV-09
Gold may advance as investors seek to hedge against a weakening dollar and possible inflation, a survey showed.
Gold rises on bets that dollar will drop 23-NOV-09
A falling greenback is spurring purchases of the yellow metal.
Markets at a glance 23-NOV-09
Favourable global cues as well as better industrial numbers lifted market sentiment.
High carryover and potential for breakouts 23-NOV-09
Despite bullish undertones, the market is range-bound.
Range-trading may continue this week 23-NOV-09
AA week of very narrow range trading ended with small positive gains.
The inefficient pair 23-NOV-09
A recurring divergent performance on an equity pair could redefine alpha.
Powering ahead 23-NOV-09
Big ticket power investments should ensure that REC grows its loan book rapidly in the future.
Creating value 23-NOV-09
The move by IVRCL Infrastructures to transfer its BOT projects to IVR Prime is positive for the duo.
Racing ahead 23-NOV-09
While robust demand and availability of credit has boosted auto volumes in recent months, higher interest rates and reversal of excise duty cuts may play spoilsport.


******************************************
Other Stock Articles

Centre to lease 6 PSUs to private companies
Mid-term stock picks | Top 5 picks
Analysts' Pics: Pantaloon Retail, ICICI Bank, HDIL, Usha Martin
Nifty on the verge of upward breakout
US data, Dollar-Re trade to decide direction of equities

Check out the best banks for investors in India
23 Nov 2009, 0645 hrs IST, ET Bureau

Axis Bank is the best bank in the country followed by Bank of India and HDFC Bank. Most efficient banks | Faster growing banks | Shareholder friendly | Strong banks



*******************************************

Aegis Logistics


Phillips Carbon Black


Bharti Airtel


Purvankara Projects


IVRCL Infrastructure


India Strategy - Nov 23 2009


Midcaps


ICICI Bank, JSW Steel, Suzlon Energy


Thermax


Indian Hotels


Weekly Newsletter - Nov 23 2009


Weekly Support and Resistance Levels - Nov 22 2009



Src: Economictimes, Business Standard, DP Blog...

Srisai's Instinct Stock Calls for Dt: 23.11.2009

Srisai's Instinct Stock Calls for Dt: 23.11.2009

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...


Nifty Future cmp 5066

Premium of +13 pts over spot price... Nifty Future Previous recent highs(last week) are at 5073-5074-5079... So NFut may face stiff resi @ this zone.... Further resi @ 5105-5114-5122 levels.... Supports are at 5030-5012-4978 levels...

As long As NFut holds 5010-5030 level, then Nifty will be in uptrend....



Allahabad Bank: cmp 140

Stock has hit year high on Friday... THis stoks has potential to go upto 156-170 levels in Medium term.... Buy With Strict StopLoss at 126 levels....



ICICIBank: cmp 897

ICICI Bank struggles to cross 920-927 levelss.... Until this level crosses, ICICI Stock may be in weaker Side.... Supports are at 874-855 levels....


HDIL cmp 338

Stock down nearly 10 percent from recent high... Supports at 331-326-315 levels... Keep 315-318 as Strict StopLoss and Go LONG... Resi @ 383-390 levels....



UCO Bank: cmp 59.60

Stock has good supp @ 53-50 levels... Go LONG this Stock with 53 as Strict StopLoss...



MaxIndia cmp 209

Stock has breached Stiff resi @ 205 levels after a long time.... Next supprts are at 190-185 levels... Keep 190-185 as StopLoss and Go LONG... Its for a Mediumterm Recommendation.




Keep Strict StopLoss in All trades.... This willl be a Good Practice to All....

22 November 2009

Outlook Profit 100

Outlook Profit 100
India’s most financially stable and capital efficient companies

Profit 100 Listing

Profit 100 Ranking: Alphabetical

Methodology


***************************************************************



1 Praj Industries

With crude at $79 and threatening to head lower, order-flow for machines that make bio-ethanol could slump. The company delivered blockbuster net profit numbers till last year as rising viability of alternate fuels ensured a wild rush towards green energy. The last reported order-book was Rs 800 crore with exports having a 35 per cent share.

4 Oil Country Tubular

Exports contributed about Rs 209 crore out of the Rs 422 crore topline in FY2009 on the back of the then boom in oil and gas exploration. In H1 of 2010, the drill pipe manufacturer has already clocked sales of Rs 200 crore against the planned Rs 325 crore.

11 AllCargo Global

The country’s biggest multi-modal services operator has private equity goliath Blackstone among its biggest investors. The slowdown in the export-import trade led to operating cash flows falling by 25 per cent in FY2009. Sustaining margins going forward will be a function of the robustness in global economic activity.

20 Sun TV Network

In South India it has a dominant presence in almost all the markets that it is present. Its regional positioning also protects it as that space is the last hit, when advertising spends are pared in a downturn. Greater focus on increasing non-advertising revenue (currently
40 per cent) via its DTH venture will keep this gravy train going.

21 GlaxoSmithkline Pharma

The product patent regime could see this multinational get aggressive with new product launches. For now, the company has passed onto consumers the reduction in
excise duty. Reduction in input costs as well as retention of duty cuts could sustain improved net sales. For H1 of CY09, net sales were up 9 per cent year on year at Rs 915 crore.

Click here for large table 1-25

23 Sterlite

The company is banking on its planned expansion in aluminum and zinc for an encore of the performance that it has delivered during the last boom. The acquisition hunt backed by balance sheet strength continues even as it grapples with delays in commissioning
its Orissa power plant. Among the best placed metal players to capitalise on any sustained global economic recovery.

29 Nava Bharat Ventures

For this diversified player, while the planned capacity expansion from 228 MW to 600 MW in the merchant power business will drive growth, the strain in ferro alloys and minor contribution of sugar division to the bottomline could refl ect in declining return ratios.

33 Colgate Palmolive

Low priced packs have enabled it to get a substantial share of the 35 per cent of all toothpaste sales that happen in rural India. Saving cream, soaps and shower gels still play second fiddle to toothpaste and brushes that deliver 90 per cent of revenue. Profitability could be under pressure due to slowing volume growth, loss of tax shelter and

37 Asian Paints

This decorative segment leader is further increasing its distribution reach through its Colour World outlets. Margins have improved in the international business primarily due to fall in inputs costs. Very strong brand equity enables it to pass on reasonable price hikes onto the end-user when required.


More on this: http://www.outlookprofit.com/article.aspx?262773



Source: OutLook Profit

Reliance offering about $12 bn for Lyondell: Sources

Reliance offering about $12 bn for Lyondell: Sources

Reliance Industries is offering about USD 12 billion to buy a controlling interest in bankrupt chemical company LyondellBasell Industries to create one of the largest petrochemical firms in the world, two sources with direct knowledge of the deal said.

"The offer is in the vicinity of about USD 10 billion to USD 12 billion," one source said, while another said it was around the upper end of the band. The two sources declined to be named as they are not authorised to speak to the media.


The deal, if closed, will make it one of the largest overseas acquisitions by an Indian company. In 2007, Tata Steel bought Anglo-Dutch Corus steel maker for USD 13 billion.

On Saturday LyondellBasell said Indian energy giant Reliance Industries has made a non-binding cash offer to buy a controlling interest and the offer represented a potential alternative to its previously filed reorganisation plan to emerge from Chapter 11 bankruptcy.

Reliance said it had made a preliminary non-binding offer to acquire, for cash, a controlling interest in LyondellBasell upon its emergence from Chapter 11.

"The offer is preliminary and subject to customary conditions including conduct of due diligence, documentation and receipt of sufficient creditor support," it said.

Both Reliance and LyondellBasell did not disclose the size of the offer in their statements.

Bank of America Merrill Lynch is among the advisors for Reliance, they said.

Reliance, India's largest conglomerate, has been looking to expand, taking advantage of low valuations to delve into international markets.

The company is aiming to attain global scale for its conventional energy platform -- petrochemicals, refining and oil and gas exploration -- and invest in its new businesses such as retailing and alternative energy, chairman Mukesh Ambani said this week at the company's annual meeting of shareholders.

In September, Reliance raised about USD 660 million in a share sale that analysts said was likely to help the firm make acquisitions.

It has USD 4 billion in cash, USD 8billion in treasury stock that can be sold and if it doubles its current net debt-to-equity of 0.35x it can borrow another USD 10 billion, Macquarie said in a recent research note.

Luxembourg-based LyondellBasell filed for bankruptcy protection in January, unable to meet its debt obligations after demand dropped for petrochemicals products during the global economic downturn.

The company, owned by investor Len Blavatnik through New York-based Access Industries, took on billions of dollars of debt obligations when an Access Industries-led group bought the company in 2007.

Src: Moneycontrol.com

***********************************************************

Other Articles:

Reliance offering about $12 bn for Lyondell: Sources

Investing in gold may no longer be safeInvesting in gold may no longer be safe

Betting big on India: Stock market better option than gold & crude

ICICI, Infosys among best firms for nurturing talent

D-Street to remain volatile; dance to global tunes: Analysts





Src: Economictimes.Indiatimes.com

20 November 2009

ICICI Bank, HUL among world's best firms for leaders

ICICI Bank, HUL among world's best firms for leaders

NEW YORK: Indian private sector lender ICICI Bank and global consumer goods giant Unilever's India-based subsidiary have been named in a list of
world's 10 best companies for leaders.


The list, compiled by business magazine Fortune, is topped by global technology giant IBM. Proctor & Gamble has been ranked second, followed by General Mills and McKinsey at third and fourth position respectively.

Fortune said the list has been compiled by ranking the most successful businesses that are the best at developing employee talent.

With a revenue of $7.4 billion and 36,335 employees, ICICI Bank has been ranked at the fifth position. Hindustan Unilever, the Indian arm of Unilever, has been ranked 10th.

About ICICI Bank the magazine said, "ICICI doesn't just have recruiters trolling for talent outside of the company; it also has 600 employees who act as talent scouts internally, identifying coworkers with leadership potential."


Also Read
India's riche-rich club topples their Chinese counterparts
Bharti airtel is the strongest corporate brand
India's buzziest brands: The Drucker Renaissance
RIL again tops valuable brands chart


The internal recruiters tap 5,000 candidates a year, adding that these trainees are the only employees who get company stock options, the magazine said.

Hindustan Unilever, which has 15,000 employees, likes to think of itself as a talent factory. And with more than 1,000 alumni sitting on boards globally, it can certainly make a strong case for that, the magazine said.





Other Stories



Src: Economictimes.com

Srisai's Instinct Stock Calls for Dt: 20.11.2009

Srisai's Instinct Stock Calls for Dt: 20.11.2009

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...


Nifty Future: cmp 4986

Short-term uptrend only above 5030-5040 levels.... Major Resi @ 5080 levels...
Supports at 437-4925-4905 levels..... If 4927 broken then could see another 30-50 pts down....


Pratibha cmp 240

Stock has supprt at 234... Buy at that levels and Go Long with 226 as Strict StopLoss.....


Reliance cmp 2080

RIL has resi @ 2128-2137 levels... Uptrend only above 2137 levels... Supports at 2070-2044-2026 levels..


Rajesh Exports cmp 81.30

Stock Looks rangebound between the range 75-90 levels.... If Stock crosses 87-88 levels then could see 93-97 range soon.... This is a Very very volatile Stock... Keep this in Mind and Keep Strict StopLoss....


DLF cmp 366

DLF struggles to cross 385-390 levels... Supp at 365-358-353 levels.... If breaks 353 may fall further... Upside only above 385-390 levels..




Keep Strict StopLoss in Trades.....


By

Srisai