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Transcript of Ter English
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8/22/2019 Ter English
1/19
29/05/2010.The May series
ended on a positivenote as our marketrallied near theexpiry backed bystrong global
markets. The markettook support on thedemand trendline atlower end of therising channel inwhich the market ismoving for the past six
months. Both Sensexand Nifty after tradingbelow the 200dma fora few days reboundedand closed the weekabove theirrespective 200dma
(Sensex 16765 andNifty 5001); which isa positive sign.Currently the marketis correcting therecent fall and is inpullback mode. Now itis headed to test theresistances at 100dma(Sensex 17053 and
Nifty 5104) and then50dma (Sensex 17316 and Nifty 5188). Only on closeabove the 50dma, themedium term trend
will turn up.B I L L I O N A I R E
BROTHERS PATCH UP.
The decision byAmbani Bros to dumptheir differences and
scrap thecontentious Non-Compete agreement
was almost like ananti-climax to one of
Vol. 3 Issue : 14 Date : 30-05-2010 to 05-06-2010 Editor : Narendra Joshi Sub.Editor : Sharad Kotak Mobile:9825065387 Address : 115/991, Nirmal Apartment, Telephone Exchange Road, Naranpura, Ahmedabad -380013 Phone : 27451449
PROMISING START TO JUNE SERIES
Weekly Review for the WeekMay 31st to June 4th 2010
WeeklyReview
PRAKASH GABACFT, MSTA (Londen)A professional Technical Analyst and aTrader based in Bombay & Runs his ownconsultancy http:// www.prakashgaba.comEmail:[email protected] : 093222-10907
Nifty: (5067)S e n s e x :
(16863)28.05.10We said
Technicallythe market isstill weak butcan bouncefrom here dueto F&O expiry
and close around the 5000 mark until F&Oexpiry but 4830is a strong sup-port to with
The marketunfolded yetgain as ex-pected and hasclosed abovethe 5000 mark.
Continue on 7
3
Astrology & Market
FINANCIAL, SHIPPING &
LIQUOR STOCKS WILL OUT
PERFORM THIS WEEK.6
Nifty sutra
10 MONTH OLD UP
TREND CHANNEL
SUPPORT AT 4860
13
Dinesh Nagpal
WHAT HAS
HAPPENED IN
GREECE TILL NOW
Continue on .....7
Global Market to drag Indian marketssoon Sugar & Realty to show strength.
A.K.
PrabhakarWebsite: [email protected]
Equity Analyst
Nifty has closedpositive +135 pointsthis week after mak-ing panic low of 4786which looks fancy andrebounded and 5095
forms a importantlevel as it is 50%retracement of thedown move from5399 to 4786 and200DMA(Simple)5095 would be impor-
tant level to watch.Recovery was due to
short covering andpositive global cuesas market if fully val-
ued any recovery cansee selling pressure
as Globacrisis irefusing
to fadea w awith Fitchd o w n
grading Spain ratingMonsoons Arrival in
Technical Analysisfor Traders
www.stockacademy.co.inMo. No. 09820920530
(Mumbai)Sanjay Lad,
Money Flow Index (MFI)IntroductionThe Money Flow In-
dex (MFI) is a momen-tum indicator that is simi-lar to the RelativeStrength Index (RSI).BUT, MFI is a more rigidindicator and is thereforea good measure of thestrength of money flow-ing in and out of a secu-rity. It compares posi-tive money flow tonegative money flowto create an indicator
that can be compared toprice in order to identify
the strength or weak-ness of a trend. Like theRSI, the MFI is mea-sured on a 0 - 100 scaleand is often calculatedusing a 14 day period.
Use
The MFI can be in-terpreted much like the
RSI in that it cansignal diver-gences ando v e r b o u g h t /oversold condi-tions.
DivergencesPositive and negative
divergences betweenthe stock and the MFIcan be used as buy andsell signals respectively
Continue on .......8
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8/22/2019 Ter English
2/19
30-05-2010 to 05-06-20102
AVAILABLE IN ENGLISH AND GUJARATI LANGUAGE
sensex can rise till 17250 to 17450 and thereafter we may see again correction
FOR ASTROLOGICAL PREDICTIONS ONSTOCK MARKET - PLEASE VISIT AT
http//www.astrostocktips.in
TEL NO9810018438- 9810056543
W E E K L YREPORT
USA ANDE U R O P EMARKET IN a-b-cflat correction rise
will be limited
In my last weeklyreport I have givenanalysis based on
TIME SERIES andit was clearly writtenas per time series on26 th may market maytake U turn and sensexrecovered almost 1000poin ts an d nif ty
recovered almost 300points from the trendreversal date so this isthe power of analysis ifyou trade blindly thenyou will loose money.
Now what nex t in
market? Let me giveyou analysis based onshort term wave
structure levels andtime series trendreversal dates.
SHORT TREMW A V ESTRUCTURE
SENSEX
I assume from18048 to 15960 sensexhas complete firstdown wave and this issecond correctivestructure up and
sensex can rise till17250 to 17450 andthereafter we may seeagain correction.
NIFTYI assume from 5398
to 4786 nif ty hascomplete first downwave and this is secondcorrective structure upand nifty can rise till5200 to 5250 andthereafter we may seeagain correction.
TIME SERIESANALYSIS
As per time seriesnext turning point areon 1st Jun, 4th Jun ifmarket dose not fall onor before this date thennext turning date willbe 13th Jun
DOW JONESBased on weekly
c ha r t w a vef o r ma t ion dow njo ne s h as comp le te 3up and 2 wave down
structure and now ina-b-c flat correctiona nd ha s a l sobr ea ch ed la st lo we rbo tt om of 98 35 no wcan rise in correctivestructure but rise willbe li mi te d to be lo w11258.
FTSEBased on weekly
c ha r t w a veformation FTSE hascomplete 3 up and 2wave down structureand now in a-b-c flat
cor rec t ion and hasa l so b r e a c he d l a s tl ow e r bo t t om of 5033 now can rise incorrective structurebut ri se wil l be limitedto below 5834
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1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9
MOMENTUM CALLS
Below are some option strategies for vola-tile and neutral movement of market and car-
ries significant risk and traders should not takeexposure in all strategy but trade in any one.
(1) FIRST STRATEGY-for neutral marketmovements.
Buy one lot of nifty 5000 call option CMP146
Buy one lot of nifty 5200 call option CMP 51Sell two lot of nifty 5100 call option CMP 91Breakeven levels up side above 5185/down
side below 5015(2) SECOND STRATEGY-for volatile
market movements.Buy 1 lot of nifty 5100 call option CMP 91
Buy 1 lot of nifty 4900 put option CMP 83Breakeven levels up side above 5274/down
side below 4726(3) THIRD STRATEGY for volatile mar-
ket movements.Buy 1 lot of nifty 5000 call CMP 113Buy 1 lot of nifty 5000 put CMP 147Breakeven levels up side above 5260/down
side below 4740
Metal stock to move upAs per Astro eco-
nomics this week is rep-resented by planetknown as Jupiter. Thisweek of (wef 31st May.
2010 to 04th June2010).This week Marsin Singh Rashi. Saturnis in Kanya, SunVarashab, andJupiter will bein MeenRashi. Allthese combi-nations of dif-ferent planetsi n d i c a t i n gvolatile butpositive move-ment in In-dian stock market. Ouradvance predictionsmade in previous weekabout volatility but posi-tive movement in Indianstock market onceagain proved correct.Recommended stockMahindra & Mahindra, ABB were among topnews whole week .Hope all my readersmust have enjoyed bigprofit. Please compare
financial astrology andother system of marketanalysis. Financial as-trology dont supportany market view with if
and but. Previous wholeweek all Tv channel andmarket expert were say-ing that due to Europe
factor Indian marketmay see big down wardmove and nifty maybreak levels 4500 andbelow . But financialastrology said that In-dian stock market looksvolatile but positive.Now result is with you.You are advised to visitmy web sitewww.stromoneyguru.coma n dwww.futurebazaronline.com
for daily recommenda-tion and watch onlineperso nal TV channelevery day for intradaytrading.
Now this week In-dian stock market is ex-pected to show positivemovement in banking,
power, and fer-tilizer stocksmay see buy-ing interest. . Itis time to tradein sectors spe-cific ratherthen keep eyeson nifty levels.F o l l o w i n gstocks may
consider for short terminvestment only on dip.
Now as per financialastrology followingstocks may be kept un-der observations fromTuesday onward forshort term trading
(1) NFL (2) SterliteInd (3) Hind copper (4)RCF(5) Suzlone energyLtd(6) SBI This weekmay bring positive newsfor Varshab
Ph: 98506 95994EMail: [email protected]
Web Blog : www.tanmaygopal.com
Tanmay GPurohit CFA
Hot Talk
GDP data and Monsoon to beGDP data and Monsoon to beGDP data and Monsoon to beGDP data and Monsoon to beGDP data and Monsoon to benext triggers, Spain downgradenext triggers, Spain downgradenext triggers, Spain downgradenext triggers, Spain downgradenext triggers, Spain downgrade
to impact negativelyto impact negativelyto impact negativelyto impact negativelyto impact negativelyNi ft y has cl ose d
higher by 135 pointsthis week at 5066 andlast 3 sessions pullbackrally has been strong.But going aheadglobal worrieswould pressurizethe marketsnegatively andrally may not sus-tain for a longtime. Spain hasbee n down -graded by Fitch andthe widely anticipateddowngrade followed a
warning by a Euro-pea n Ce nt ra l Ban kpol ic ymak er tha tEuropes predicamentcould spread to otherregions while laborunions threatenedstrikes and invest-ment banks werehurting. Nifty as longas remains below5200 the trend wouldremain as a pullbackrally only and failure
to go past this level
would bring selling onceagain into play. Niftybreaking 4900 would bea panic situation.
TATACOMM (Rs247):- The stock hasbeen in ste ad y
downtrend for the lastone year and so far ithasnt participated inthe overall market rallyalso. Now the stock has
started showing bigvolumes and shortterm bounce looks possible. Buy around R244-247 for target R
267-270, keep stopbelow Rs 230.
C A N A R ABANK (Rs 398):The stock tradebe lo w im po rt anshort-term movingaverages and nexsupport would b
only 200DEMA at R370. Stock is failing tomove higher even in
market pullback anlooks weak. Sell R397-399 for target R370. Keep stops abov
Continue on ....5
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30-05-2010 to 05-06-2010 3
ASTROLOGY &
STOCK MARKETSATISH GUPTA
http://www.astrostocktips.in
e mail:[email protected]
MOBILE :09811738366 - 09810018438
GUJARATI HARD COPY AVAILABLE IN MUMBAI & GUJARAT
FINANCIAL, SHIPPING & LIQUOR STOCKS WILL OUT PERFORM THIS WEEK
With the blessings of Lord Ganesha, it waspredicted by us on 15th April 2010 WATCHESstocks will out perform, carry long positionin TITAN. Despite heavy volatility with downward bias & panic like situation TITANappreciated by 19.4% in one month. On 14thMay 2010, when NIFTY was down by 100points, it made new high & closed positiveby 1.5%.
Sectors which get strong ASTRO supportare not normally affected by downfall in themarket.
ACCURATE PREDICTION:
BE EXTRA CAUTIOUSNew Samvat 2067
(Hindu New Year)
have started from16th march 2010.Whenever NewSamvat starts, basedon planetary position/ conjunction & as-pect among planets,some new sectorscommence out per-forming & many sec-tors, which were inmomentum during lastsamvat start underperforming.
It has been ob-served many times
that investors / trad-
ers (not knowing thisfact) keep investing /
trading in such sectors,(whose astrological sup-port is over) resultingin losses.
For example,SUGAR stocks (whichwere predicted by us 12months back) havebeen in down trend af-ter the New Samvatstarted, whereas Nifty ismaking new 52 weekshigh. Similarly, despiteall possible support &great future plans /hugeinvestments by govern-
ment in INFRA-
STRUCTURE, sub-stantial orders, excel-
lent results- this sec-tor under performedduring last samvat.
It is advised to be
extra cautious every
year, when new
samvat starts & con-
sult your financial as-
trologer before taking
any investment/ trad-
ing decisions about
sectors.
PAPER SECTOR
WILL OUT PER-
FORM DURING
PRESENT SAMVAT
31st May-5thJune 2010
W e e k l yplanetary position:During the week,Moon will be
transiting inS a g i t t a r i u s ,Capricorn &Aquarius, Mercury inAries, Venus inGemini, Mars in Leo.Ketu in Gemini,Saturn in Virgo, Rahu& Pluto in Sagittarius,Neptune in Aquarius,
J upiter & Uranus inPisces.
P L A N E TMERCURY, whichcontrols our mind,will be transiting in
Ar ies f rom 30 thMarch 10 to 6thJune 10. During thisperiod it will be inretrograde positionfrom 18th April to12th May. BeCAUTIOUS, as oneis l i ke ly to takewrong dec is ions ,
resu l t ing inf inanc ia l losses,depending on i tspos i t ion ini n d i v i d u a lh o r o s c o p e .
Persons w i thGemini , Virgo &Libra rashi need tobe extra vigilant.
BE CAUTIOUS :Heavy volatility tocontinue.
During the weekFINANCIAL sectorw i l l be ge t t ing
s t r o n gA STROL OGI CA L
suppor t . In th issegment one canwatch for , L ICHOUSING, GICHOUSING, HDFC,INDIAN BANK,HDFC BANK, YES
BANK, UCO etc. 1stJUNE 2010 isfavorable day for this sector.
SHIPPING sectorwill also be gettingst rong ASTROsupport. Keep closewatch on GES H I P P I N G ,SHIPPING CORPN& PIPAVAVSHIPYARD etc.
WATCHES &LIQUOR sectors wi llbe get t ing ext ra
ordinary ASTRO
SUPPORT. BuyTITAN & MCDOWEL
on dips.PHARMA wi l l
con t inue to ge tst rong ASTROsupport.
LAST WEEKSPREDICTION: As
predicted, there was
good demand inFINANCIAL &PHARMA stocks. InBANKING FEDERAL, YESBANK, ANDHRABANK, BOB, UCOINDIAN BANKSOUTH INDIANappreciated by 6-8%Among FINANCELIC HSG, HDFC &DEVAN HSG by 27%. BSE BANKEXwas the besperforming indices on27th May. IPHARMA- BIOCONLIPIN, Dr REDDYDEVIS LAB, IPCA &PIRAMAL HEALTHappreciated by 2-8%
Jatinder
SharmaEquity Star
Website:www.equitystrategists.comMob: 9899252034
Thank God, May is over!Well, almost. Only a
day left for us while forWestern nations, itsfinally over. Our indicesare down almost 4%for the month whilefor others it has beenfar worse. Most of theglobal indices aredown anywherebetween 6-8% withS&P 500 down slightlymore than 8%. But,important question iswhether the worst isover? While globalsituation continues tobe tricky as Spain alsogets a thumbs downfrom rating agencies,locally things havebeen getting betterthrough last few
weeks. But since, weare also a part of onebig global village wehave also beenafflicted by thispullout syndrome.FIIs have beenfleeing stocks evenas domestici n s t i t u t i o n scontinue to lap upbargains fromamongst theh e a v y w e i g h t s .Technically, 4800-4840 support has heldthus far though thislevel was severelytested during theweek. Domesticsupport as well as shortcovering helped inpulling out Nifty from
just be low 4800 toabove 5050 for aweekly gain of over
2.5%. We have beenadvocating strongsupport around 4800for past couple ofweeks and it has heldso far. We believe thatwhile we may haveseen worst as far as
lows are concerned,we may continue toflirt around lows so far
as globalsituationremainstricky. Asof nowimmediatesupportis seena r o u n d4980 andt h e na r o u n d
4930-40. While nothingcannot be ruled outcompletely it seemsunlikely that we wouldbreach 4830-4850again in near future.Financial sector hasturned out to be the
strongest one duringthe corrective phaseand its likely that wemight see continuedoutperformance fromstock from this sector.Some stocks that arelooking strong are LICHsg, Federal bank,Andhra Bank, Uco andVijaya Bank.Healthcare is anotherthat held its groundand here certainstocks like Biocon,DrReddys, SunPharmaand Ranbaxy arelooking good. Reliancepack saw significantdevelopment over lastweek and there arecertain stocks like RILand Reliance Infra that
might come out of theu n d e r - p e r f o r m i nspell and could givesignificant returns ovenext 6-8 weeks. Onecould accumulate botthese stocks on baddays. Metals remain ia tricky territordespite witnessinmost damage durinthis correction. Globasituation wouldcontinue to keep themin volatile territory andwhilst most metafront liners may haveseen the worst, thetrading pattern mighremain fragileInvestors with slightlhigher risk profil
Continue on .....8
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30-05-2010 to 05-06-20104
MORE THAN 4.5 LACS READER WORLD WIDE
SENSEX MOVE TO A NEW BOTTOM
ITS OPPORTUNITY FOR F&O PLAYERS TO MAKEA LOT OF MONEY IN THIS BOTH SIDE MOVEMENT OF MARKET
LAST WEEK RECOMODATIONS THUNDER PERFORMANCE
STOCKS RETURN TIME NOTEUNION BANK 7 % Above Just Two Days Investor Got A First Target When Sell It At
Every High To See A Movement Of Market.MANALI PETRO 1 % Above Just One Day Last Your Long Term Investment. Invest At
Every Declines.LINCOLN (31 TO 32) 3 % Above Just Two Days Ignore To Market And Hold
Your Long Term Investment. Any Time StockWill Be Rocking.
(299 To 276)
(9.69 TO 9.84)
PHARMA
Strong Sign OfGlobal Markets (ShortCovering),CompromiseBetween AmbaniBrothers, LittleReduction In Inflation
And Future Expiry OfMay So Last Week PullRaily Has Been In IndianStock Market. InSENSEX 417.45 PointsAnd NIFT 135.40 PointsGood Add Up Looked AtLast Week. Last WeekWe Said Clearly ByHead Line If NIFTYBreak Its CrucialSupport Of 4836 InMiddle So Every SmallHigh Will Looking BigSelling Pressure ButNIFTY Did Not Break
That Crucial SupportAnd Create BullishTrend FromThere. LastWeek NIFTYA c h i e v e dOur BothSide AllTargets. LastW e e kS E N S E XClosed At1 6 8 6 3 . 0 6And NIFTYC l o s e d5066.55.
Biggest Group OfCountry AmbaniBrothers MukeshAmbani And AnilAmabani Re AgainShake Hand With A NewAnd SimpleAgreement. SupremeCourt Given Time Of 16Weeks To CompromiseBut Both BrothersCompromised In Just 16Days And Given UnExpected And HappyWonder To CorporateWorld. All The Stock OfReliance Pack Has BeenBullish From This NewsAt Starting Of Week ButWe Thing TechnicallyKeep Your InvestmentWith Limited QuantityIn ADAG Group.
Indias FamousCompany M&MDeclared To Take PartAbout 55.2 % In AProduced To ElectricCar Company REVA.
According ToAgreement M&M WillBuy Equity Part FromPromoters Of REVAElectrical Car CompanyAnd Invest More 45Crore In Company.After Of This Deal WillChange Name Of REVAAnd Re Name Will BeMahindra RevaElectrical VehicleCompany Ltd. This NewStarting Of M&M WillApprove A Very VeryImportant In Electrical
Car Market.Economic Problem
Continue In Euro ZoneAnd Both SideMovement Of GlobalEquity Market ButBetween In ThisSituation GOLD RateGone At TOP For LastWeek. Where Gold Per10 Grams Crossed19000 Levels In IndianMarket And Silver AlsoCrossed 30000 Levels.
Next Week MarketCan Be Start WithNegative Figure WhenFirst Day Of WeekSome Volatility WillLook Also. Some HighLevels Also Looking InMiddle Of Week. IfNIFTY Break CrucialSupport Of 4947 InSecond Day Of Week SoIt Can Be Very Difficult
To Last Any High Levels.Where SENSEX Can BeCreate A New Bottom.Un Expectable SomeHigh Levels Will Look InValue Buy Stocks In
Next Duration. SENSEXCrucial Support 16381And Crucial ResistanceIs 17267 When NIFTYCrucial Support 4979And Crucial Resistance
Is 5128 For Next Week.Now Its Advisable For
Long Term Investors ToKeep Your InvestmentSome Limited.
S E N S E X (16863.55)16954ABOVE 17060, 17168,17267 AND 17355.WHEN 16757 BELOW16649, 16543, 16381AND 16185 WILL BELOOKING
NIFTY (5066.55)5077 ABOVE 5103, 5128,5147 AND 5181 WHEN5048 BELOW 5023, 4997,4979 AND 4957 WILL BELOOKING.
ROCKING FUTURECALL
N A G A R J U N AC O N S T R U C T I O N (172.00) Sell At AnyHigh Near 177 WithImportant Resisatce
185 To Get Target 159And 147. KeepContinue A SellPosition. If It Break 159So Will Looking BigCorrection In It And
Stock Will Be Go At 147Level. Technically StockShows Weakness InShort Term Charts. TheStock CreateSymmetrical Triangle In
A Down Trend FormatIn End Of Week. On
Weekly Chart StockCreate SymmetricalTriangle In A Up TrendWith Short CoveringFormat. Monthly ChartCreate RectangleTriangle In A DownTrend Format. WhenHead Shoulder As AReversal In A Up TrendFormat On Long TermCharts. Small HighLevels Looked By ShortCovering In This StockIn End Of Week But EndOf Week NegativeOpen Interest Was -2.35Around Who ShowsWeakness Of Stock. ItsNot Advisable ToInvest In ConstructionAnd Contracting StocksFor Short Term AndLong Term Investors
Now. Short TermTraders Book Profit AtEvery Declines.
SHORT TERM TOLONG TERM ROCKINGCALL
ELECON ENG (BSECODE 505700)(78.10)Buy At Any DeclinesRate Near 73 forObjective of 85 and 100area. If it Close above85 Then Should StockLead at 100 area. StrictStop Loss At 67 Area.The CompanyConcerted With HeavyEngineering Sector.Company Produced AllThe Type OfMechanical HandlingEquipment Like
Bucket, Elevators,Belts, Cavorts, Gravity
Roars, Beg FillingMachine, Stacking AndOver Head ChairConverse Etc. CompanyYearly And QuarterlyResult Are Good.Company Pay EveryYear 75 % DividendRegularly. CompanyAlso Given 1:2 Bonus In2007. RecentlyCompany PE Ratio Is10.95 % It Is Below FromIndustrial 23.07 PERatio. Company Has AGood Cash On Hand.Technically Stock ShortTerm Chart CreatePositive ConsolidationStructure. CompanysMain Point Is MrChirayu Amin IsIncluding Board OfDirectors Who Is
Appointed In IPL As AChairman Recently. TheStock On Long TermChart Create A Bull FlaIn A Up Trend FormatWho Shows Good
Bullish Sign For LongTerm In This Stock. KeeYour Long TermInvestment In LimitedQuantity. Short TermInvestors Book Profit AEvery High.
VADILAL IND (BS
CODE 519156)(86.00)
Buy At Any DeclineRate Near 82 foObjective of 98 and 10area. If it Close abov98 Then Should StocLead at 107 area. StricStop Loss At. 78 AreaThe CompanConcerted With IceCream, Candy, FrozeFruits And VegetableFrom 12 June 1961Company Main OfficSet Up In Ahemdabad(Gujarat). CompanYearly And QuarterlResult Are Good. GoodAdvancement LookinDay To Day ICompanys OperatinProfit. Company PRatio Is 10.75 % It I
Below From Industria36.26 PE Ratio. EverYear Company Pays 12%Above DividendRegularly. Big BullRakesh JunJunWala HaBig Part In ThiCompany. TechnicallStock Create BullishTrend Movement OShort Term Chart. WhenLong Term Chart CreatSymmetrical Triangle InA Up Trend FormatWho Gives Sign ToInvest For Short To LongTerm InvestmentShort Term To LongTerm Investors CanInvest In Just LimitedQuantity. Short TermInvestors Book Prfoit AEvery High.
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30-05-2010 to 05-06-2010 5
NOW SOME PAGES OF THE ECONOMIC
REVOLUTION IS AVAILABLE ON MONDAY ON THIS
WEB AND WHOLE ISSUE WILL BE AVAILABLE ON
TUESDAY ONLY. IF YOU WANT WHOLE ISSUE ON
MONDAY EARLY MORNING IN YOUR E MAIL
SUBSCRIPRIONSUBSCRIPRIONSUBSCRIPRIONSUBSCRIPRIONSUBSCRIPRION
ONLONLONLONLONLY RS.1000Y RS.1000Y RS.1000Y RS.1000Y RS.1000
PER YEAR, WITH THIS ISSUE GEPER YEAR, WITH THIS ISSUE GEPER YEAR, WITH THIS ISSUE GEPER YEAR, WITH THIS ISSUE GEPER YEAR, WITH THIS ISSUE GET GUJARAT GUJARAT GUJARAT GUJARAT GUJARATI VERSION FREETI VERSION FREETI VERSION FREETI VERSION FREETI VERSION FREE
Last week gold re-mained range boundon international mar-ket , where on the mcx
it has kissed newrecord level ,crude oilbounce from lowerlevel ,as expected
some technical bounceback ,and some morerecovery possible ,butits still uncertain formedium term.
Gold:International gold
may move further to$1224 -$1243 ,wherewatch $1250 for resis-tance ,maintain longposition with supportof $1188,buy on dipswould be strategy,some slow upside willremain for short term.on mcx October con-tract one should watchfor support around
18350 ,where initiatebuy around this level
for target of 18622 to18788 .all in all we maysee range between18350 to 18850.
SilverInternational silver
may test $18.66 ,clos-ing above $18.70 will
take further rally to-wards $19.25 ,in downside support around$17.95,on mcx some
positional supportaround 28500 ,onemay consider goinglong in silver at lowerlevel, where on theupside to watch for29470-29780 ,upsideresistance around30000, all in all therange seems to be28500-30000.
CrudeInternational crude
may go down to $71.80,from where it mayfind support aroundthat level and some
pull back possible to$77.10,some swingtrading range be-
tween $70.50 to $77.50
for short term. On mcxit may test 3392 level,and from there somebounce to 3470-3530
level, for the shortterm one may considerbuying at decline andselling at rises.
CopperIn copper we may
see some rangebound trading be-tween 318-328 ,on thelower side watch sup-port around 317,buyon dips would bestrategy for next week, medium term is stilluncertain ,some upmove to 328 level pos-sible ,if it cross thelevel and hold meansmore upside to 332-
335 level in shortterm.
Gold will stick around higherlevel where base metal should
remain range bound
SCRIPT CMP SUP. SL TARGET
EDUCOM 482.50 440 420 580
TECHM 644 630 610 700
HDIL 228.95 200 180 250
TISCO 496.85 470 450 540
PUNJLLOYED 137.40 125 110 150
ABAN 716 650 600 800
NIFTY VIEWNifty has support at 4920 resistance at 5070 market is script
wise positive but nifty is in overbought region & also it is weeklybearish so trader should buy on decline.
SOME STOCKS FOR BUYING
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2
NiftySup. 4920
SCRIPT SHORT STOP TARGET
PRICE LOSSSESA GOA 380 400 250
SAIL 210 220 170
TATAMOTERS 760 780 650
UNION BK 295 310 260
WIPRO 665 680 600
ZEEL 285 300 240
SOME STOCKS FOR SHORT SELLING
Cont. from Pg. 2Hot Talk
Rs 410.TATA STEEL (Rs
497):- The stock hasbroken major support
at Rs 520 and now
shows more downsideahead. It is trading at6-month low and belowRs 473 next major sup-
port would be only at
Rs 433. Sell on rallytowards Rs 502-50with stop loss above R525 for targets below
Rs 470.
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8/22/2019 Ter English
6/19
30-05-2010 to 05-06-20106
progress of the monsoonwill decide the trend
Technical indicators of major StocksMFI=Money Flow Index * RSI=Relative Strength IndexADX=Directional Momentum Index
BSE Sensex (16863.10) and Nifty (5066.55) closed up
by 2.5% and 2.7% respectively last week.Nifty Future
June was quoting at 29.90 points discount..Nifty Call Option
June 5100 was very active.Support for Sensex is at 16570.Resistance for Sensex is at 17180 .Support for Nifty is at
4980 and resistance at 5170.
M & M will announce Q4 results next week.GDP data
to be declared by the Government next week for Q4 willalso be watched carefully.
Tata Motors and Tata Steel added Open Interest in
June series.Huge position was build up at IFCI June Call
Option Strike Price 55.Good build up was also seen at TataSteel June Call Option Strike Price 520.
Strategy for Futures Option players.1)CIPLA(320.35) Lot Size-1250 SharesBuy One Call Option of June Strike Price [email protected] Rs
Sell One Call Option of June Strike Price [email protected] Rs.
Premium .Paid=11.00*1250= 13750.00 Rs.
Premium Received=3.30*1250= 4125.00 Rs.
Net Premium Paid==13750.00-4125.00=9625.00 Rs.Maximum Profit==340-320==20*1250=25000.00-
9625.00=15375.00 Rs.
Maximum Loss= 9625.00 Rs.
Break Even Price=327.70
2)IFCI(52.50) June Future-Lot Size 7880shares.
Buy One Lot June Future @52.50
Sell One Call Option of June Strike Price [email protected].
Premium Received=2.45*7880= 19306.00 Rs
Maximum Profit=19306.00 Rs.
Max Loss=Unlimited.
Trading Idea1)BIOCON(290.7)Buy this stock in decline and trade.2)SAIL(205.85)Buy this stock in decline and trade
NIFTY SUTRA
10 month old UP trendchannel support at 4860Nifty - weekly close
5067 (4931) Market failto cross our weekly trad-ing point 4960 on positive
news rally. Tuesday sawhuge selling tobreak channel sup-port 4850 and makea new low below4800. Wednesdaypull back manageto cross our dailystop loss. Deriva-tive expiry andweekend witnesspullback rally. Weekcloses with gain of 140points. Weekly top 5080is also 50% level of pre-vious fall. Market again
manages to close in 10month long 700 pt rangechannel started at 4400.
Weekly close below chan-nel support line at 4860 willconfirm trend reversal withnext support at 4500 i.e.
our yearly up trend stop
loss.For Next week This
week market trading rangewill be between 4740
Dinu's SAR -Trend and Stop-loss Table for Nifty -Investor Chart trade Beta Trend From Stop Gaintype type % lossDerivative Daily 20 (+1.2) UP 4860 5020 +110Swing trade Weekly 20 (1-1.2) UP 4990 5040 +80Short term Bi-weekly 20 (1) UP 5000 5030 + 70Medium term Monthly 20 (1-0.8) DOWN 5160 5090 +100Mutual Fund Quarterly 10 (-0.8) UP 4960 4970 +110Long Term Yearly 10 (-0.8) UP 3670 4530/5090** +1400
(Daily stop-loss + close)/ 2 will give trader next days stop-loss and trend forNIFTY. Traders to exit below trigger** and re-enter trend at trigger** or lower level.
5340 i.e. trend point of5040, and weekly rangewith +/- 300. 20 and 50days EMA support / resis-
tance for Nifty, which areat5040, 5100.Tradersto exit their long positionat respective triggerlevels in fall. Re-entertrade again later at trig-ger or lower level. Thus
Trigger helped us toprotect, maximize profitand hold position.
NIFTY trend and itsbeginning as per 20
SMA line direction on dif-ferent charts are as fol-lows:- 30 minute UP,5250; 90 minute - flat,5300; Daily DOWN,5300; Weekly DOWN,5000.
SUBSCRIBE TER,A MULTY ANALYST WEEKLYTO GET SUNDAY MIDNIGNT,SUBSCRIPTION IS ONLY RS. 1000 PER YEAR
STOCK CLOSE MFI-21 RSI-14 ADX-14BHEL.NS 2318.95 40.56 43.46 20.22ICICIBANK.NS 864.75 39.22 45.13 15.11INFOSYSTC.NS 2677.45 41.37 53.59 17.55ITC.NS 283.2 65.7 64.96 18.15MARUTI.NS 1225.2 41.8 40.76 53.35SBIN.NS 2239.4 47.45 51.84 20.99TATASTEEL.NS 496.85 32.28 31.01 35.84TCS.NS 750.8 48.58 49.91 21.77
TREND OF MAJOR STOCKSSTOCK TREND NO OF Weekly Monthly
DAYS Trend TrendBHEL.NS Bulllish 2 Falling RisingICICIBANK.NS Bulllish 3 Falling RisingINFOSYSTC.NS Bulllish 3 Rising RisingITC.NS Bulllish 3 Rising RisingMARUTI.NS Bulllish 2 Rising Falling
SBIN.NS Bulllish 2 Falling RisingTATASTEEL.NS Bulllish 2 Falling FallingTCS.NS Bulllish 3 Rising Falling
The next major Resistancelevel of sensex is 17451
SENSEaXS U P P O R T - - 1 6 7 2 4 /
16465----RESISTANCE--
17212/17451)Technically sensex
looking sideways forcoming days. The nextmajor Resistance levelof sensex is 17451. Fu-ture Target and Stop
loss for clients only.NIFTYSUPPORT--4994/
4864----RESISTANCE--5122/
5245)Technically Nifty is also
looking sideways for comingdays. The next major StrongResistance in the nifty isabove 5245 mark. Nifty fu-ture Target and Stop loss forclients only.
RELIANCE LIMITED
SUPPORT--974----RE-SISTANCE--1154)----BUY
Stock looking strong Tech-
nically. Indicators showinggood up move for next fewdays. Traders can Buy cashand future for short term.Target and Stop loss only forClients.
BHARTI LIMITEDSUPPORT245----RESISTNCE 277BUY
Stock is looking great tobuy for short term traders aninvestors. Traders can Buycash and future. Target anStop loss only for Clients.
SURE SHOTSHORT TERM TRAD-
ING CALLSTRONG TECHNICAL
BREAKOUT -- STOCKWILL BLAST
IN SHORT TERMBUY STOCK AND SEETHE PROFIT
STRONG BUY-----( BSE CODE--505530 )
PRISMINFORMATICS LTD
&BSE CODE--500361RAS PROPACK
LAMIPACK LTDWe have given BUY cal
to our Clients already at verylow rate.
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8/22/2019 Ter English
7/19
30-05-2010 to 05-06-2010 7
Cont. from Pg. 1Lions Roar
WATCH OUT FOR
VISIT : www.theeconomicrevolutiohn.com for latest infromation
INDEX LEVELS :S3 S2 S1 CLOSE R1 R2 R3
Nifty 4908 4966 5017 5066 5105 5160 5214
Sensex 16373 16551 16704 16863 17028 1 7276 17493
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8
LAST WEEKS RECOMMENDATIONS
PAIR STOCK Rec. Tgt Reached Lot size ProfitNO. .price1 Buy PFC 288 294 295 1200 Rs. 8,400
Sell TataPow 1259 1196 1190 200 Rs. 13,8002 Buy GAIL 453 461 460 1125 Rs. 7,875
Sell BomDye 514 483 475 1150 Rs. 44,8503 Buy Strides 357 369 365 1000 Rs. 8,000
Sell Pantaloon 384 361 353 850 Rs. 26,350Profit Rs.1,09,275
THIS WEEKS RECOMMENDATIONS :STOCK CMP SL Tgt-1 Tgt-2
Buy BGR Energy 593 582 611 632
Buy BalramChini 80 78 84 88Buy ApolloTyres 70 68 74 78Buy DivisLab 732 722 750 769Buy AlstomProj 588 582 602 615
the most keenlywatched corporatewar ever. The
scrapping of the Non-Compete agreement
may be an indicationof the beginning ofthe fresh business
rivalry as both thegroups can now enterinto each othersterritory or it canbe perceived as apositive steptowards reconciliationin the long running
feud between thebillionaire brothers.The market took the
a n n o u n c e m e n tpositively and openedwith a gap up on
Monday, but weakglobal markets made
sure that our marketclosed near the low ofthe day. The Nifty lost
more than 110 pointsfrom the top.
EURO PROBLEMS -LONG TERM
PROBLEM.It will be plain
wishful thinking that
the debt problems ofEurope are undercontrol. The bailout of
Greece is seen bymany as a forceful and
regressive step as ithas been taken underp o l i t i c a l
u n w i l l i n g n e s s .Eventually, the Greek
contagion mayspread acrossvarious nationslike Spain,
Portugal, Ireland andmany more, which will
result in seriousglobal financialbreakdown andmany more bail-outs. The U.S. toowill have to workits way out ofserious problems,because themassive stimuliwhich haspropelled its GDPgrowth, is
temporary. It will takeyears and years ofconsolidation before
the U.S. is out of thewoods. The mostlikely scenario is
that the U.S.and E.U. willface a doubledip recession
and after thata long periodof economics t a g n a t i o n .This in itself
will be anopportunity for
countrylike ours tooutperformand grow.
ROLLOVERANALYSIS.
The NiftyR o l l o v e r swere 65% ascompared tot h r e em o n t h saverage of70%. Lowr o l l o v e r
indicates lessernumber of short Niftypositions have been
rolled over to theJune series. Bankingand Financial sectoralong with IT sectorhave shown lowrollovers ascompared to metalsector. Strong shortrollovers have beenseen in Sterlite Ind,IDBI, Bharat Forge,Renuka and HDiL. In
case the bounce backcontinues, one canexpect short coveringin the abovementioned stocks.
T E C H N I C A L L YSPEAKING.
The Sensex openedthe week at 16494 ,made a high of16891,a low of 15960 an dclosed the week at16863 . The Sensexgained 418 points on aweekly basis.Similarly Niftyopened the week at4944, made a high of5077, a low of4786 andclosed the week at5066 . The Nifty tooclosed with the weekwith a gain of 13 5points.
On the weeklycharts both Sensex
and Nifty haveformed BullishHarami pattern whichis a bullish reversalpattern. The longlower shadow formedon the weekly candleis because of thestrong bounce seenfrom the lows. On thedaily charts both theindices have formed abullish reversalpattern in the lastthree days calledThree White Soldiersindicating a trendreversal in theimmediate term.
Oscillators likeMACD and ROC, eventhough in thenegative territory ison the verge of givinga buy signal. The RSIalong with MFI hasgiven a buy signal andis moving up. TheStochastic Oscillatorhas given a Buy signaland so has the OBV.The DirectionalIndicators continue intheir Sell mode butthe DI is now movingtowards the +DI.
Market reboundedlast week afterSensex made a low of15960 and Nifty 4786.The market is now ina pull back mode andthe pull-back levelsfor the Sensex are16757-17003-17250and those for theNifty are 5020-5092-5165.
From s l ig ht ly
long er term v iew
w e are look ing at
the correct ion of
Sensex r i se f rom
13219 to 18047 and
the correct io
levels are 16203
1 5 6 3 3 - 1 5 0 6 3
Similarly one has to
consider the Ni f t
r i se f rom 3918 to
5399 and for that thcorrection levels ar
4 8 3 3 - 4 6 5 9 - 4 4 8 4
Both Sensex and
Ni f ty cor rected
more than 38 .2%
correct ion leve
before bouncin
back ; Sense
bounced back from
15960 and Nifty from
4786.
Ni f ty OI P CR i
quite healthy at 1.34
sug g est ing tha
some stabi l i ty ha
returned to the
mark et . For Jun
ser ies st rong Ca l
w r i t ing i s seen a
5100 and 5200
strikes. Similarly Pu
w r i t ing i s seen a
4800 strike. One can
expect the market to
find support around
4800 and resistanc
around 5100-5200.
For t he w ee
ahead, Sensex wil
f ind Support a
16704-16551-1637
and w i l l f ind
Resistance at 17028
17276-17493.
For t he w ee
ahead, Ni f t y w i l
find Support at 5017
4966-4908 and wil
f ind Res is t ance a
5105-5160-5214.
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8/22/2019 Ter English
8/19
30-05-2010 to 05-06-20108
Cont. from Pg. 1Tech. Anal.
Overbought/Over-sold
A stock is consid-ered overbought if
the MFI indicatorreaches 80 and above(a bearish reading). Onthe other end of the
spectrum, a bullishreading of 20 and belowsuggests a stock isoversold.
Cont. from Pg. 1Weekly Review
Technically the downmove in the marketseems arrested andlooks like it should nowclimb towards 5150-5200 zones with somecorrections on the wayup and technically it
would be Ok as long as5000 holds and 5000 isa crucial support to dealwith
The support for theNifty is 5030-5000 andstrong resistance at5150-5200
The support for theSensex is at 17600 andstrong resistance at17250
From a trading pointof view I would con-tinue long as long as5000 holds
Cont. from Pg. 1A.K. Prabhakar
India Said to be de-layed after TropicalCyclone Laila wouldboost Sugar stocksand negative for Auto
and FMCG stocks.Support-5035-4960-4850
Resistance-5097-5155-5220
Positive Stocks-NHPC, TATACOMM,OILINDIA
Negative Stock-A . C . C ,
J I N D A L S T E E L ,CANARABANKStock for the week-
MSKPROJ ECT CmpRs.180 Target
Rs.195-200,Stock has started to
outperform index in re-cent time and still hold-ing above medium and
long term moving aver-age and trading near alltime high of Rs.200which shows thestrength in the stock.
Cont. from Pg. 3Equity star
could accumulate TataSteel, Sterlite, JSPLand JSW Steel on baddays. Certain otherstocks that haveshown technicalstrength are NagarjunaConstructions, LITL andOil mktg companies.
Last weeks
r e c o m m e n d a t i o n s(RIL, JSPL, Tata Motors)were up 3.5% to 5.5%though two of themmarginally (Rs3-Rs5)breached Stop lossesduring panic selling.This week we suggestbuying in LIC Hsg,Biocon and Nagarjuna
Constructions. Buyingband for LIC Hsg is Rs925-940, Rs 284-288 forBiocon and Rs 165-168for Nagarjuna. Targetssuggested are Rs 985/1020( LIC), Rs308/318(Biocon) and Rs 178/184(Nagarjuna).
Happy investing!
Cont. from Pg. 15Treding Guide
position below 1620 with thestoploss of 1661. There are somestrong supports like 1620/1587/1559 and resistants l ike 1655/1688/1705. Over all trend is bearish.
TATAMOTORS:-Risk takers can make short
position below 745 with thestoploss of 801. There are somestrong supports like 746/728/704and resistants like 759/781/797. If
at the starting of the week, thisscrip will close below 745, makeshort position for positional.
GOLD MCX:-Overall trend is bullish. Do not
go short until it breaks below18000 level. There are somestrong supports like 18250/18159/
17977 and resistants like 18460/18585/18715.
SILVER MCX:-Overall trend is bullish. Do not
go short until it breaks below28999 level. There are somestrong supports like 29150/28965/28841 and resistants like 29310/29490/29605. As per seeing
stochastic indicator, we will see someselling pressure in next week.
EUR/USD:-Optimism triggered yesterday b
stocks was not enough to push euroabove 1.2440/60 key resistance areaand pair lost some ground, thus sti
positive in the day; despite thireport tends to focus in the shorterm, long term should not bignored: Italy and Spain workers aimfor big strikes, Germany banned thenaked short selling of bonds, thesovereign debt issues are far fromsolved, and in general, Euro remainstrongly pressured. Hourly chartshow indicators still slightly bearishthus above their midlines, whilecurrent candle low rebounded in th20 SMA, limiting the falls at this point4 hours chart on contrary, remainbullish suggesting pair could retesthe daily high. There are some strong
supports like 1.1230/1.2290/1.2250and resistants like 1.2400/1.24501.2490.
GBP/USD:-Pound holds a bullish tone ahead
of Wall Street opening, consolidatinpast Thursday gains. Hourly indicatorare slightly bullish at this point, thu20 SMA has lost momentum, andturned flat, diluting previoustrength. Bigger time frames showflat indicators with price above 20SMA, and a higher consolidativerange, supporting further recoverieahead. There are some strongsupports like 1.4520/14460/1.4410 and
resistants like 1.4610/1.4650/1.4690USD/JPY:-Consolidating above 91.00, pair i
turning bearish in the hourly chartthus pointing more for a limitedbearish correction rather than stronger fall; 200 SMA in the dailyaround 91.00 should act as firssupport level for the pair, thumovement could extend to 90.6area; under this last, pair will confirmfurther falls dulling chances of morrises in next week. There are somestrong supports like 91.00/90.60/90.20and resistants like 91.40/91.80/92.20
USD/CHF:-Heading higher pair seems ready
to regain bullish momentum, aapproaching to 1.1545 strongresistance level; with indicatorheading higher and price above 2SMA, above that level pair couldextend the rally to the 1.1600 area, aonly under 1.1450, base of past dayrange, could signal a strongedownside rally. There are some strongsupports like 1.1510/1.1480/1.1450and resistants like 1.1545/1.16001.1640.
Wipro achieves Pink Verify certification for its eHelpline toolPink Elephant is recog-
nized as an ITIL LicensedSoftware Assessor, by theAPM group.
Wipro Infotech, theIndia and Middle East ITBusiness of Wipro Ltd anda leading provider of ITand business transforma-tion services today an-nounced that its eHelplinetool has been certified byPink Elephant, the worldsleading consulting and
training provider in the ITInfrastructure Library(ITIL) best practicesframework.
eHelpline version 3.0becomes the first ITSMtool from the Asia-Pacificregion to be successfullyassessed for PINK Verify3.1 for the 3 key processesI n c i d e n tManagement(IM), Prob-lem Management (PM)and Change Management(CM) by the Pink Elephantcorporation for its adher-
ence to ITIL V3 standards,capabilities for its auto-mation and documenta-tion standards. eHelplinehas also been successfullyassessed for the Bronzelevel OGC SWIRL (Office ofgovernment of Com-merce U.K) Certificate byAPM Group. It is alsoamong the first 5 ITSMproducts that are cur-rently certified on the lat-est PINK Verify 3.1
toolset. Pink Elephant isrecognized as an ITIL Li-censed Software Asses-sor, by the APM group.With its decade-plus trackrecord of independenttool assessment experi-ence, PinkVerify is themost mature and rigoroustool certification programin the world that objec-tively assesses a softwaretools enabling applica-tions against the defini-tions and workflow re-quirements of the follow-
ing ITSM processes.Pink Certification for
eHelpline 3.0 means thetool is in compliance withall the ITIL V3 norms, meth-odologies and recommen-dations. eHelpline has alsobeen assessed for capabili-ties on automation anduser documentation forgetting certified on OGCSwirl an ITIL body. With thisprestigious certification,eHelpline 3.0 would be po-
sitioned along with theleading ITSM tools in themarket. Over 150 custom-ers are serviced by Wiproshomegrown eHelplinetool. This is indeed an im-portant milestone for usand reiterates our commit-ment to provide our cus-tomers IT best practicesthat are recognized glo-bally, said Mr. RamkumarBalasubramanian, GeneralManager - Practice & Busi-ness Development, Man-age IT, Wipro Infotech.
A MULTY ANALYST WEEKLY ON LINE
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8/22/2019 Ter English
9/19
30-05-2010 to 05-06-2010 9
Hot Weekly Stock Futures For Week (31.05.10 To 04.06.10)
Hot Positional Stock Futures For Week (31.05.10 To 04.06.10)
Nifty Future's Prediction for Week (31.05.10 To 04.06.10):-
Index Closing Price Support Stoploss Target 1 Target 2 Target 3
Nifty 5041.00 4976 4941 5090 5121 5159
Sr. Company Closing Support Stoploss Target 1 Target 2No. Name Price
1 Bajaj Auto 2166.45 2144 2125 2210 2239
2 Tisco 498.60 493 486 514 527
3 Sesagoa 365.05 354 343 392 413
4 TCS 737.15 729 720 763 781
5 Patni 552.65 546 540 572 590
Sr. Company Closing Support Stoploss Target 1 Target 2
No. Name Price
1 Videocon 205.25 200 196 224 239
2 Suzlon 61.40 59 57 66 72
3 Educomp 483.25 475 465 505 520
4 RIL 1039.05 1027 1018 1058 1071
5 BEL 1713.80 1694 1675 1807 1940
ABOVE 5090 WE MAY SEE
5121,5159,5193 BELOW 4976,WE
MAY SEE 4941,4921,4900.
Hot Midcaps/Smallcaps In Short Term For Week
(31.05.10 To 04.06.10) :-
Sr. Company Bse Closing Target 1 Target 2 Target 3
No. Name Code Price
1 NHPC 533098 29.10 - 32 34
2 Hind Oil 500186 184.20 - 196 207
3 Bartronics 532694 140.10 - 151 162
4 KRBL 530813 23.90 - 27 30
5 Kalyani Steel 500235 82.65 - 95 106
6 MRPL 500109 66.50 - 79 90
7 Radico 532497 122.50 - 133 144
8 Take 532890 27.05 - 32 36
9 Indowind 532894 47.95 - 55 63
10 MTNL 500108 55.95 - 61 68
11 S Kumar 514304 74.90 - 88 101
12 Geodesic 503699 105.20 - 122 135
13 Sona Koya 520057 18.45 - 21 23
14 Jindal Steel 532286 653.65 - 671 686
15 HDIL 532873 228.90 - 239 248
In Volatality We may see stockspecific rise in many stocks in
Coming Days.
VISIT : www.theeconomicrevolutiohn.com for latest infromation
ATTENTIONThe material contained in the Economic Revolution is based on Fundamental
and Technical analysis & other scientific methods and also the knowledge andbelief of author. Error can not to be rulled out. The information given is of advisorynature only. The Editor, the Publisher and the Author does not take any conse-quences arising out of it. All rights reserved. Reproducing to whole or in part of anymatter including featurs without permision is not permitted. Legal jurisdiction isAhmedabad only.
The material given in the Economic Revolution is the views of author only, itnot means that Editor is agree with it, so Editor, the Publisher and the printer is
not resposible for the contains in writers article.
Narendra Joshi Editor,
Last week inclear cut words &very very boldlytold u all that, be-low 4842 in nifty fu-ture we may see4797,4775. Whathappened to that??? Nifty futurehad made a low of4786.45 & touched
our second targetalmost Whatelse u all want.??? Further we hadsaid that, fromlower level we maysee sharp bounceback due to heavyshortcover ing &valuebuying.. &
due to this we maysee 5076 above
5020.. Just seewhat hap-p e n e d ? ? ? . . . . . . . . . .Nifty future hadtouched a h ig h of 5054.65 above 5020with huge hugeshort covering&buying at lower lev-els. What else u allwant????..........Our
paid c l ients hadmade a lots of money in n i f ty fu-ture on both side asper our guidance.Jo in our pa id ser -vices to get perfectcalls in nifty futureo nintraday,btst,stbt,positional
basis..Contact usafter mkt.hours.
Fromlast weeks our stockfuture recommenda-t ions, JSW Steelmoved to 1111 fromour reco price 1085,Rolta moved to 176from our reco price
171, Lupin moved to1846 from our recoprice 1821,Mcdowellmoved to 1204 fromour reco price 1166,TCS moved to 739from our reco price718, Bajaj Automoved to 2179 fromour reco price 2108,Aban moved to 729
from our reco price 678, Sesagoa movedto 368 from our recopr ice 342 Whatelse u all want??.
Our paid cl ientshad made a lots ofmoney in stock fu-ture as per our guid-ance. Join our paidservices to get per-fect calls in stock fu-tures on int raday,b t s t , s t b t , p o s i -tional basis.. Con-t a c t u s a f t e rmkt.hours.
F r o m o u r l a s t
weeksdeliverybasedrecommendat ions,Videocon moved to208 from our recopr ice 201, Renuk amoved to 61 f romour reco pr ice 53 ,Suzlon moved to 61from our reco price58, P olar i s movedto 180 from our recop r i c e 1 7 2 , K R B Lmoved to 27 f romour reco price 25 &Guj .NRE moved to6 4 f r o m o u r r e c o
price 57 What else
u all want???..O u r p a i d c l i -
e n t s h a d m a d e a
l o t s o f m o n e y i n
Del iverybased in-
v e s t m e n t a s p e r
o u r g u i d a n c e .
Join our paid ser-
vices to get perfectc a l l s i n
Del iverybased in-
v e s t m e n t o n
short,medium,long
term basis.. Con-
t a c t u s a f t e r
mkt.hours.
Trade On Break Out Side OnlyTo Get Benifited By Trend.
-
8/22/2019 Ter English
10/19
30-05-2010 to 05-06-201010
MOMENTUMAND TREND
GUJARATI HARD COPY AVAILABLE IN MUMBAI & GUJARAT
Nifty for 24/5/2010 to 28/05/2010: Nifty CMP-4931 [
Key for down trend is now 4818-4800 then target
4666-4625. for up move from here 4965-4990 then
5125-5150] - Trend Flat/bearishWeekly high 5077 and Low 4786 [predicted 4800]
Previous Week performance
Nifty for 31/5/2010 to 04/06/2010:
Nifty CMP-5066 [ Key for down
trend is now 5022-5000 then
target 4865-8840. for up move
from here 5090-5100 then 5165-
5190] - Trend Flat/bearish
BY looking at thenet increase in pricesover the number ofdays designated by ann-day momentum in-dicator, intermediate
fluctuations are ig-nored, and the patternin price trend can beseen. The longer spanbetween the ob-served points, thesmoother the results.This is equivalent tofaster and slower mov-ing averages.
To use momentumas a trend indicator,the momentum spanis selected and plot-ted. A buy signal occurswhenever the value of
the momentum turnsfrom negative to posi-tive, and a sell signalis when the oppositeoccurs. If a band isused to establish aneutral position or a
commitment zone, itshould be drawnaround the horizontalline representing themidpoint momentumvalue, usually zero.
Buy and sell signalsthat occur sooner andare likely to bestopped out more of-ten, use a signal linecreated by smoothing
the momentum val-ues, in this case usinga simple 3-day movingaverage. Once the mo-mentum value movesabove a thresholdlevel of, for example,70, a sell occurs whenthe momentumcrosses below the sig-nal line. The positionmay he stopped outwhen the momentum
crosses above the sig-nal line, or when mo-mentum moves aboveits entry level.
To find the bestchoice of a momen-
tum span, a samplingof different valuescould be tested foroptimum perfor-mance, or a chartcould be examined for
some natural pricecycle. Identify the sig-nificant tops and bot-toms of any bar chart,and average the num-ber of days between
these cycles, or findthe number of daysthat would closely ap-proximate.
Momentum andtrend traders tend tolook for consensus, in-stances when the willof buyers or sellers inthe marketplace sim-ply overwhelms theother side of the trade,
either instanta-neously in the form ofa breakout, or overtime in the form of anew, sustained trend.
Swing tradingstocks as they revertto the mean rely on in-stances when tradersare leaning too far inone direction at thewrong time. Our ap-proach to swing trad-
ing with Power Rat-ings involves lookingfor instances whentraders are too pessi-mistic toward strongstocks (with high
Short Term Power Rat-ings) and too optimis-tic toward weakstocks (typically withlow Short Term PowerRatings).
Indicator Tech-niques Use Trend andMomentum
As the use of com-puters has becomemore common place
throughout the six-ties, seventies andeighties, the use of in-dicators in technicalanalysis has becomeincreasingly popular.Before the early sev-enties, most technicalanalysis and tradingwas done based onchart patterns, bethey either bar pat-
terns (like closingpoint reversal), orlarger geometric for-mations such aswedges and flags.
With the adventof the hand held cal-culator in the mid tolate seventies andthe PC early in theeighties, the use ofindicator techniqueswhich employ math-
ematical formulae oralgorithms have be-come common place.Most of the preva-lent and now tradi-t ional algor ithmtechniques employtrending and mo-mentum indicators.
These indicatorscan be categorizedin three groups:trending indicators,first derivative, and
second der ivat iveindicators. S implyput, the trending in-dicators, with theirfirst and second de-r ivat ive indicators,
are simi lar to dis-tance, velocity andaccelerat ion. Thelatter two categoriesare lumped into thegeneral catch-all of m o m e n t u m . Trending indicatorsinclude moving aver-ages and similar indi-cators such as theDMI. First derivativemomentum indica-tors inc lude a l l
s imple osci l latorsand other measuressuch as stochast i cand RSI. The MACDhistogram is a verygood example of a
second der ivat ivindicator as it is thedifference betweean oscillator and itown average.
I f u w a n t t o
know about Techni
cal analysis classe
c o n d u c t e d b y m e
s e n d t h e d e t a i l
a b o u t y o u t o
I w i l l r e v e r t b a c
w i t h c o u r s e d etai ls. P lease men
tion the reference
as TH E ECONOM IC
REVOLUTION
Nifty to touch 5,150-5,200 in the short-term
RAJESH KOTHARI
(M) 09892145335
CRACKERS
TV-18 B UY 77.5 82 88 75
IBSEC B UY 30.5 34 38 28
FCH B UY 149 155 165 145
MTNL B UY 56 62 68 51
TATA STEEL B UY 496 515 535 485
RELIANCE B UY 1036 1050 1088 1015
REL MEDIA B UY 172 180 190 165
BRANDHOUSE B UY 46 50 54 44
J ETK ING B UY 143 152 158 137
Scrips CURRENT TGT 1 TGT 2 STOP
Name PRICE LOSS
The pullback rallycont inued for theth i rd st ra ig htsess ion and the
markets clockedanother steadysession with no signsof volatility.
The Nifty to touch5,150-5 ,200 in theshort-term. The rallywi l l depend on themonsoons.Thats ab ig quest ion markand the answer tothat would be known
only in firstweek ormay be inthe middle
of July. So,expect themarkets tor e m a i nrangebound
till then. Thereafter,depending on theprogress of themonsoon,
we could see thisrange being brokeneither on the upside
or downside.Buy Reta i l ,O i l
& G a s &E n t e r t a i n m e n tS e c t o r . B u yReliance,TV-18 &Jetk ing.
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8/22/2019 Ter English
11/19
30-05-2010 to 05-06-2010 11
NAME : NIFTY
BUY ABOVE : 5040RES-1 : 5080RES-2 : 5110RES-3 : 5180SELL BELOW : 5040SUP-1 : 4990SUP-2 : 4930SUP-3 : 4890
NAME : BANK NIFTYBUY ABOVE : 9210RES-1 : 9250RES-2 : 9290RES-3 : 9354SELL BELOW : 9210SUP-1 : 9170SUP-2 : 9120SUP-3 : 9047
NAME : TATATEABUY ABOVE : 1060RES-1 : 1069RES-2 : 1075RES-3 : 1090SELL BELOW : 1060SUP-1 : 1048SUP-2 : 1026SUP-3 : 1018
NAME : GAIL
BUY ABOVE : 450RES-1 : 455RES-2 : 461RES-3 : 469SELL BELOW : 450SUP-1 : 445SUP-2 : 441SUP-3 : 432
NAME : RECBUY ABOVE : 280RES-1 : 287RES-2 : 290RES-3 : 294SELL BELOW : 280
SUP-1 : 273SUP-2 : 270SUP-3 : 266
NAME : CAIRNBUY ABOVE : 290RES-1 : 295RES-2 : 300RES-3 : 312SELL BELOW : 290SUP-1 : 284SUP-2 : 281SUP-3 : 276
DR. DIPESH GOHIL
Mo. 9727990980
OUR PERFORMANCESTOCKS REC. HIGH TGT
PRICE /LOWNIFTY 4930 5077 2 TAR. ACHVD.BANK NIFTY 9135 9292 3 TAR. ACHVD.HDIL 2 14 201.70 1 TAR. ACHVD.SCI 1 5 4 16 7 2 TAR. ACHVD.
MARUTI 1238 1248 1 TAR. ACHVD.CESC 3 6 5 35 0 2 TAR. ACHVD.
WE WEL COME ADVERTISE FOR THIS PLACE
1) TATA POWER( 1271.65 ) :- In thisscrip near termsupport at 1264 andbuy with the stop lossof 1258 on the upperside first target is1280 then Rs. 1292- 1305 to 1311.
2) ORACLE. (2086.00 ) :- In thisscrip near termsupport at 2075 and
buy with the stop lossof 2067 on theupper side firsttarget is 2097then Rs. 2106 2117 to 2135.
3) KEC (480.80 ) :- In thisscrip near termsupport at 474and buy with thestop loss of 467on the upper sidefirst target is 486then Rs. 493 502 to511.
4) LNT ( 1626.10) :- In this scrip nearterm support at 1618and buy with the stoploss of 1607 on theupper side first targetis 1635 then Rs.1648 - 1662 to1684.
5) DR.REDDY (1362.50 ) :- In thisscrip near termsupport at 1355 andbuy with the stop loss
of 1347 on the upperside first target is1371 then Rs. 1382- 1396 to 1414 .
6) ONGC (1130.95 ) :- In thisscrip near termsupport at 1123 andbuy with the stop lossof 1116 on the upperside first target is1138 then Rs. 1152- 1165 to 1172.
7) MNM ( 545.05) :- In this scrip near
term support at 541and buy with the stoploss of 534 on the
upper side first targetis 553 then Rs. 561-568 to 577 .
8) BHEL (2319.00 ) :- In thisscrip near termsupport at 2311 andbuy with the stop lossof 2304 on the upperside first target is2327 then Rs. 2338- 2352 to 2368 .
9) Jsw ( 1713.95 ):- In this scrip near
term support at 1706and buy with the stoploss of 1698 on thupper side first targeis 1722 then Rs1735 - 1748 to 1756
10) BOMBAYDYE. ( 502.25 ) :In this scrip near termsupport at 497 andbuy with the stop losof 491 on the uppeside first target i
513 then Rs. 520 525 to 532 .11) ACC
826.90 ) :- In thiscrip near termsupport at 82and buy with thstop loss of 815on the upper sidfirst target is 83then Rs. 842 - 84to 862.
12) REL 1056.25 ) :- In thiscrip near termsupport at 1048 and
buy with the stop losof 1042 on the uppeside first target i1064 hen Rs. 1073 1087 to 1098
13) BAJAJ FIN. 462.10 ) :- In thiscrip near termsupport at 456 andbuy with the stop losof 451 on the uppeside first target i468 then Rs. 473 480 to 486.
IOC likely to go for FPO to fund projectsState run Indian Oil
Corporation (IOC) islikely to go for a fol-low-on-offer (FPO).BM Bansal, chairman ofthe company has saidon CNBC-TV18 that itmight go for FPO atappropriate time tofund its upcomingprojects.
However he saysthat launching a FPO isdifficult without trans-
parent fuel pricepolicy.
The company isi m p l e m e n t i n gprojects worth USD10.1 billion.
The company hasreported net profit ofRs 5557 crore inQ4FY10 as against Rs6623 crore in same pe-riod of last year. Netsales jumped to Rs66,116 crore from Rs
59,596.7 crore (YoY).Bansal said th
company adjusted R10,690 crore cash subsidy in Q4. Domestiproduct sales rose to16.6 mt in Q4 versu16.5 mt (YoY).
Exports jumped to1.1 mt versus 0.9 mwhile refinerthroughput declined to13.3 mt versus 14.8 m(YoY).
-
8/22/2019 Ter English
12/19
30-05-2010 to 05-06-201012
ANURAG GUPTA MOBILE : 9255191643
WEEKLY SUPPORT AND RESISTANCE LEVELS
SYMBOL CLOSE TREND RES2 RES1 TREND SUPP1 SUPP2LEVEL
PLEASE UNDERSTAND BEFORE YOU TRADE
1.This model is based on the premise that the TREND LEVEL is the most important price level that decidesthe intraday trend. Much like how the door or a window hangs by a hinge and sways in the wind, the intradaytrend also hangs by this TREND LEVEL and swings because of the demand-supply, volatility and markesentiments prevailing in the market. Hence its importance in intraday trading.2. Opening Price is considered around close of previous day. Avoid BUYING if Prices open abnormally Highand Avoid SELLING if prices open too low.3. If the market price is stable above the TREND LEVEL, then GO LONG. and book profit near theresistant level (res1 and res2)4. If the market price is stable below the TREND LEVEL, then GOSHORT. and book profit near thesupport level (sup1 and sup2)5. STOP LOSS:Since you are aware of the potential returns at the time of initiating an intraday trade(difference between the entry price and profit targets), you should set up an appropriate STOP LOSSaround 1% above below of the trade price to protect yourself if the market turns and goes against you.6. ALTERNATE STRATEGY:If you have already initiated a trade with clear-cut profit targets and a stop losslevel, and find during the course of the trading day that the market turns and goes the other way and crosses theTREND LEVEL, then trade again: .For instance, if your first trade was a LONG trade and the market price dropthrough the TREND LEVEL to lower price levels, then GO SHORT.. And, if your first trade was a SHORT tradeand the market price rises through the TREND LEVEL to higher price levels, then GO LONG .
TRADING GUIDELINES (or how to trade using this sheet):
GET ONE DAY FREE TRIALSEND SMS ON MOBILE 9992012310
YOUR NAME, MOBILE NO. ,EQUITY ORCOMMODITY
FROM 31 May TO04 June 2010
Email
NF MAY FUTURE 5041.00 BULLIS H 5228.90 5134.95 4960.70 4866.75 4692.50ABB F UTUR E 867.50 BULLIS H 910.30 888.90 854.60 833.20 7 98.90ACC F UTUR E 822.30 BEARIS H 903.30 862.80 834.90 794.40 7 66.50BANKBARODA FUTURE 690.35 BULLISH 740.78 715.57 694.53 669.32 648.28BEL FUTURE 1 71 3.80 BEARISH 1 81 3.17 17 63 .4 8 1 711 .8 2 1 66 2.13 1 610 .4 7BHEL FUTURE 2321.40 BEARISH 2405.63 2363.52 2297.88 2255.77 2190.13BP CL F UTUR E 566.55 BULLIS H 591.92 579.23 563.32 550.63 534.72CA NBK F UT UR E 400.80 BEARIS H 437.80 419.30 402.30 383.80 366.80CENTURYTEX FUTURE 449.70 BULLISH 477.93 463.82 442.18 428.07 406.43CIPLA F UTURE 321.05 B UL LISH 330.68 325.87 317.93 313.12 305.18DA BUR F UT UR E 185.10 BULLIS H 190.80 187.95 182.75 179.90 174.70DLF FUTURE 280.65 BULLISH 299.52 290.08 272.87 263.43 246.22DIVISLAB FUTURE 7 30.75 BULLISH 7 76 .12 7 53 .43 72 1.22 69 8.53 6 66.32DRREDDY FUTURE 1361.85 BULLISH 1450.08 1405.97 1331.48 1287.37 1212.88EDUCOMP FUTURE 48 3.25 BEARISH 54 6.65 5 14 .9 5 4 78 .3 0 4 46.60 4 09.95GAI L F UT URE 449.55 BEARIS H 470.42 459.98 448.57 438.13 426.72GRASIM FUTURE 1852.55 BEARISH 2066.28 1959.41 1871.15 1764.28 1676.02HCLTECH FUTURE 37 4.05 BULLISH 39 2.05 38 3.05 36 7.45 35 8.45 34 2.85HDFC FUTURE 2779.60 BULLISH 2913.87 2846.73 2726.87 2659.73 2539.87HDFCBANK FUTURE 1882.20 BULLISH 1974.03 1928.12 1857.98 1812.07 1741.93HDI L F UT URE 229.45 BULLIS H 251.95 240.70 221.40 210.15 190.85HEROHONDA FUTURE 1890.25 BULLISH 1963.05 1926.65 1883.30 1846.90 1803.55
HINDUNILVR FUTURE 234.15 BULLISH 240.85 237.50 231.55 228.20 222.25ID FC F UT UR E 153.45 BULLIS H 165.22 159.33 150.47 144.58 135.72IDBI F UT URE 111.85 BULLIS H 118.92 115.38 110.47 106.93 1 02.02IFCI FUTURE 52.85 BULLISH 55.32 54.08 51.92 50.68 48.52HINDPETRO FUTURE 358.85 BULLISH 379.62 369.23 351.62 341.23 323.62ICICIBANK FUTURE 850.80 BULLISH 911.47 881.13 842.47 812.13 773.47INDIACEM FUTURE 11 0.85 BULLISH 11 5.68 11 3.27 11 0.23 10 7.82 10 4.78INFOSYSTCH FUTURE 2665.90 BULLISH 2786.80 2726.35 2613.25 2552.80 2439.70IOC FUTURE 342.20 BULLISH 368.73 355.47 338.18 324.92 307.63ITC FUTURE 273.45 BULLISH 290.32 281.88 270.42 261.98 250.52IVRCLINFRA FUTURE 156.80 BULLISH 172.53 164.67 154.23 146.37 135.93JSWSTEEL FUTURE 1094.65 BULLISH 1205.75 1150.20 1068.45 1012.90 931.15LT FUTURE 16 27 .6 5 BULLISH 1 70 5.95 166 6.80 16 09.55 1 57 0.40 15 13 .1 5M &M F UT UR E 545.45 BULLIS H 585.08 565.27 536.43 516.62 487.78MARUTI FUTURE 1221.80 BEARISH 1294.03 1257.92 1217.58 1181.47 1141.13MTNL FUTURE 56.35 FLAT 60.02 58.18 56.47 54.63 52.92ONGC FUTURE 1130.35 BULLISH 1198.05 1164.20 1111.15 1077.30 1024.25ORIENTBANK FUTURE 321.90 BULLISH 346.20 334.05 320.65 308.50 295.10PRAJIND F UTURE 79.55 BEARISH 86.35 82.95 79.00 75.60 71.65PUNJLLOYD FUTURE 137.40 BULLISH 147.40 142.40 134.20 129.20 121.00PFC FUTURE 290.70 BULLISH 305.43 298.07 288.03 280.67 270.63
PAT NI F UT UR E 552.65 BULLIS H 577.02 564.83 548.77 536.58 520.52RANBAXY FUTURE 42 8.15 BULLISH 44 6.45 43 7.30 42 0.45 41 1.30 39 4.45RELINFRA FUTURE 1065.45 BULLISH 1161.55 1113.50 1059.75 1011.70 957.95RELCAPITAL FUTURE 648.75 BULLISH 739.38 694.07 664.68 619.37 589.98RELMEDIA FUTURE 172.20 BULLISH 192.57 182.38 171.42 161.23 150.27RELIANCE FUTURE 1039.05 BULLISH 1086.65 1062.85 1023.20 999.40 959.75ROLTA F UT UR E 164.25 BEARIS H 180.75 172.50 167.15 158.90 153.55RPOWER FUTURE 15 6.75 BULLISH 16 8.75 16 2.75 15 2.90 14 6.90 1 37.05RNRL FUTURE 52.70 BULLISH 61.17 56.93 52.52 48.28 43.87SBIN FUTURE 2222.25 BEARISH 2391.42 2306.83 2224.42 2139.83 2057.42TATAMOTORS FUTURE 749.80 BEARISH 832.73 791.27 731.33 689.87 629.93TATAPOWER FUTURE 1261.50 BULLISH 1316.97 1289.23 1242.12 1214.38 1167.27TATATEA FUTURE 1060.85 BEARISH 1176.28 1118.57 1059.28 1001.57 942.28TCS FUTURE 737.15 BULLISH 778.55 757.85 725.60 704.90 672.65TATASTEEL FUTURE 498.60 BEARISH 548.70 523.65 498.85 473.80 449.00TITAN FUTURE 2219.50 BEARISH 2357.83 2288.67 2201.83 2132.67 2045.83TATACOM FUTURE 32 0.80 BULLISH 35 0.80 33 5.80 31 6.00 30 1.00 28 1.20UNITECH FUTURE 73.60 BULLISH 80.60 77.10 71.15 67.65 61.70WI PR O F UTU RE 664.20 BULLIS H 693.47 678.83 652.27 637.63 611.07ZEEL FUTURE 283.90 BE ARI SH 309.17 296. 53 283.27 270.63 257.37
Madhav Ranade(M) 09371002943 or
email :[email protected]
Markets worldwide played to myscript. They lost considerable groundon first two days and made a fairlysmart recovery on following days get-ting cl oser or beyond 200 DMA.
US and UK markets are closed onMonday and our operators will seizesuch an opportunity with alacrity . Spaindowngrade late Friday evening means
Asia and Europe wil l be under pressureon Monday but there is every possibil-ity that our bull operators will ramp-upthe market sometime duri ng the day.
I will use this bump-up to lighten mystuck longs.
Overall the w eek will be domin atedby global cues and FII flows. Our im-proved macro picture is a long termpositive but in the short term immedi-ate triggers prevail. Last week I hadsuggested to buy some stocks for in-vestment. 7% t o 10 % with in a week isfabulous return and wherever you haveless conviction ( autos for me ) someprofit booki ng can be considered.
If you want nifty intra / weekly trad-
Trading levels
for 31st May /
4th June 2010
ing levels you will h ave tobecome paid member ofNIFTY group.
Please remember CAPI-
TAL is always scarce andneeds to be respected.
THE NEW NIFTYGROUP HAS BECOME APAID GROUP FROM 9TH
APRIL.h t t p : / /
finance.groups.yahoo.com/g r o u p / s u m a m u r a -nifty/ I am now availableon yahoo messenger onmost of the trading daysand you can add me on youryahoo messenger. My ya-hoo id is madhavranade1
Please call me if youhave any doubts or youneed levels for some otherstock. I am available on09371002943 or [email protected]
BSE Indices
comodities
World indices
posn trading lvls date 31st may / 4th june 2010stock / index go entry targets stoplossBSE SENSEX shor t 16800 16550/300/050 16925
long 17050 17300/550 16925BSE auto index short 7580 x 7655
long 7655 x 7580BSE bank index short 10515 x 10615
long 10615 x 10515BSE capital goods short 13625 x 13750
long 13750 x 13625BSE FMCG index short 2918 x 2953
long 2953 x 2918BSE health index short 5380 x 5430
long 5430 x 5380BSE metal index short 15250 x 15380
long 15510 x 15380BSE oil & gas INDEX short 9930 x 10120
long 10120 x 9930
BSE PSU index short 8900 x 8980long 8980 x 8900
BSE realty index short 3110 x 3150long 3150 x 3110
all rates in US dollarscommodity weekly levels 31st may / 4th june 2010 unittype go entry targets stoplossgold short 1199 1193/87/81/75/69/63 1211 troy ounce
long 1211 1214/23/32/41/50 1199silver short 18.18 17.81/17.45/17.07 18.31 troy ounce
long 18.31 18.62/18.93/19.24/19.55 18.18crude short 72.1 71.6/70.9/70.2/69.5/68.8/68.1/67.4 72.7 barrel
long 72.7 73.4/74.3/75.2/76.1/77/77.9/78.8/79.7 72.1copper short 3.13 3.09/3.05/3.01/2.97 3.17 pound
long 3.17 3.21/3.25/3.29/3.33 3.13natural gas short 4.35 4.3/4.25/4.2/4.15 4.4 mmbtu
long 4.4 4.45/4.5/4.55/4.6 4.35sugar short 470 464/58/52/46/40 476 tonne
long 476 482/88/94/500 470
world indices weekly levels 31st may / 4th june 2010index go entry targets stoplossdow jones index short 10130 10030/9900/9770/9640/9510/9380 10240
long 10240 10300/410/530/640 10130nasdaq composit short 2248 2224/2200/2176/52/28/04 2272
long 2272 2296/2320/44/68 2248s&p 500 short 1084 1073/63/53/43/33 1093
long 1093 1103/12/22/31/41/50/60 1084FTSE short 5200 5160/115/5085/40/5000 5245
long 5245 5285/5330/70/5415/55 5200nikkei 225 short 9750 9600/450/300/150/9000 9825
long 9900 10030/160/290/420/550 9825australia ordinary short 4480 4430/390/350/310/270/230 4515
long 4550 4600/640/680/720/760/800 4515hang seng short 19920 19590/19260/18930 20150
long 20150 20500/20850/21200 19920shanghai composit short 2645 2605/2565/25/2485/45/05 2675
long 2675 2715/55/95/2835/75 2645
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8/22/2019 Ter English
13/19
30-05-2010 to 05-06-2010 13
DineshNagpal
Ph: 9830039085EMail: [email protected]
What has happened in GREECE till nowWhat has happened in GREECE till nowWhat has happened in GREECE till nowWhat has happened in GREECE till nowWhat has happened in GREECE till now Greece is
swamped by 300bneuros of debt.Greeces public debtwould stabilize above150% of its GDP and
3% in terms of EuroGDP.
The EuropeanUnion has approvedof a $1 trillionemergency rescuepackage. The largestfinancial rescue of anation frombankruptcy willinvolve credit of 80billion euro from the15 other euro zonenations and 30 billioneuro from theI n t e r n a t i o n a lMonetary Fund.
I M P E N D I N GDISASTER
This defic itdid not occur over-night. It has beenrising since a decade.Mismanaged financialgovernance, excessivespending on debtwith poor internalresources are keytriggers. The GreekGovt had been under-reporting fiscalspending uptilOctober 2009 untilthe ministry changedand disclosed.
The creation andemergence of EURO
Euro wascreated in the late 90sand came into fulleffect by 2001. Themajor Europeancountries Germany,France, Belgium tookthe initiative ofswapping theircurrencies for 1
common Euro in1998. With time many
jo in ed , Gr eec eswapped for the Euroin 2001.
Euro is a
currency based on amonetary union, witha European CentralBank, but not a fiscalunion. That meansthat each governmentof each Euro zonecountry decides itsown governmentspending (ie fiscalpolicy), and thereforewhether it runs adeficit and needs toborrow money.Normally, a countryneeds to manage bothmonetary and fiscalpolicy to manage itseconomy, and in
particular to get out ofrecession whilemanaging inflation.
The design of the EMU did notcreate a formalprocedure forsomething theythought would rathernot happen, thatdoesnt mean it wonthappen. This was oneof the reasons Britaindecided not to join thesingle currency. Theyfeared if a country orfew would run muchlarger deficits thanwere allowed. Theresult would be acolossal mess.
Measures takenby GREECE so far.
Pass a new taxlaw to help slashdeficit. Agree to slash$38 billion from thestate budget over the
next three years. Notrenewing tens ofthousands ofcontracts in thepublic sector. To closedown or merge
hundreds of public-sector organizations.Shrinking local
g o v e r n m e n t ,scrapping some 6,000s e m i - o f f i c i a lo p e r a t i o n s .Thousands of boardmembers will be out
of jobs. Has already
passed an Act whichincreases theretirement age offemales, discourageearly retirement andreduction in interestin pensions funds,higher for thoseseeking voluntaryretirement.
Damages beyondGREECE
Spain hasmerged 4 of its banksin order to save themfrom the crises and gobankrupt. Germanyhas threatened towithdraw from theEuro if weakenednations dont takeharsh measures.
According toestimates that by2014, total Eurozonedebt will exceed 88%
of GDP even withouta Greek default. Atthat stage, Italy wouldhave a 126% debt-to-GDP ratio, actuallyhigher than Greece at
116%, and followed byBelgium at 109%,Portugal at 102%,
France at1 0 0 %Ireland at89% andSpain at81%. EvenG e r m a n y ,the richesteconomy inEuro zone
that was looked to forbai louts (anopportunity it haseffectively declined),weighs in at 74%.While the IMF-
World Bank modelsuggests is a healthydebt level for a strongeconomy; 50% of GDP, two timesexports and three
times governmentrevenues.
The Greekcrisis will likely forceother weak economiesin the euro zone to get
their deficits undercontrol, with ac o r r e s p o n d i n greduction in demand.Europe couldexperience a double-dip recession,possibly againslipping into acontraction in 2010. Itcould also lead to astagnation scenario,much like the one
Japan has experiencedfor the past 20 years.
India shipsabout a fifth of itsexports to theEuropean Union, andi f those fa lter , theresulting pain wouldmove along tightlyknit supply chains andm a n u f a c t u r i n gnetworks. Companieswill have a tough timein getting QIP fundsand FCCBredemption pressurewill be maximum.
China whichhas over US$ 2trillion in forexreserves was over a yearworking on reducingUS$ positions withthat of Euro. Not onlyis that idea shelved ithas also announced
that this years targeof 10% export jump iruled out.
E q u i tmarkets have seen 80% rise in from low
of 2009. The Greecdebt spread can causa 10 20% correctionin the next 6 months
USA has seenimprovement inconsumption withreduction in importand increase inexports in 2009-10The strong EUROwill help them furthetheir cause. However, strong US Dollar canhurt US exports andmake imported goodcheaper therebe f f e c t i nemployment.
India has very high fiscal deficiand political motivecan disrupt reformand imbalance furthethe GDP: FiscaDeficit. MoreoverIndias dependence onForeign Investmentis very high. Anydisruption in flow wilhave damagin
consequences in thchain of growth. RBhas plans to exit fromstimulus whichmaybe stalled delayed due to thcurrent turmoil.
Why the Greece crises is different from all other crises
Retirement AgePopulationGrowthImmigration
Germany58-vePoor due to lan-guage and limitedresources.
Greece50-vePoor due tolanguage andlimited re-sources.
India58+veHigh Populationhas effectivelysupported braindrain.
USA65StableStringent yet seesmillions of immigrantsmoving in.
The current crises is similar to the 1931 Great Depression crises countries are havingsimilar high debt and default crises. During that time money flowed into US Bonds and
Gold which lead to fall in US$ and thereby massive correction in EQUITY markets.
Standard Chartered IDR
subscribed over 2 times
IF NOT AVAILABLE IN MUMBAI CALL OUR DISTRIBUTOR : PHONE (022)30224757
The StanChart issuegot bids for more than449mn IDRs as against
204mn IDRs on offer.The Indian Deposi-tory Receipts (IDR) is-sue of Standard Char-tered Plc received amuted response andwas eventually sub-scribed more than twotimes on Friday, whichwas the last day of thebookbuilding. The is-sue opened for gen-eral subscription onMay 25.
The StanChart issuegot bids for more than449mn IDRs as against
204mn IDRs on offer.Retail investors andeligible employeessubscribing to IDRs un-der the retail and theemployee portion re-spectively, and whosebid amount does notexceed Rs100,000, willbenefit from a further5% discount to the fi-nal issue price.
Ten IDRs will repre-sent one underlying
share of StanChart andthe new shares issuedin aggregate would
constitute 1.16% of thepost-issue paid-ucapital of the company
The Anglo-Asiabank offered ~240mIDRs at Rs100 to Rs115each. It sold 15% of theoffering to so-calledanchor investors including ICICI Prudential Asset ManagemenCo. and Reliance Capital Ltd. for Rs104 ashare.
-
8/22/2019 Ter English
14/19
30-05-2010 to 05-06-201014
A MULTY ANALYST WEEKLY ON LINE
000000000
Sr_ Scrip Close Trade Price Tgt 1 Tgt 2 Tgt 3 Stop
No Name Price Type Range Loss
TRADING LEVEL -29-May-2010
1 NIFTY 5 0 6 6 SELL BELOW 5 0 4 5 5 0 2 0 4 9 9 5 4 9 7 5 5 0 8 5
2 NIFTY 5 0 6 6 B U Y 49 20-495 0 4 9 7 5 5 0 2 0 5 0 6 0 4 8 8 0
3 Bank Nifty 9 3 1 2 SELL BELOW 9 2 5 0 9 2 0 0 9 1 6 0 9 1 0 0 9 4 1 0
4 Bank Nifty 9 3 1 2 B U Y 89 90-902 0 9 1 0 0 9 1 5 0 9 2 3 0 8 9 8 0
5 A C C 8 2 6 B U Y 81 8-8 24 8 3 0 8 3 8 8 4 0 8 0 8
6 APPOLLO TYERS 7 0 .5 B U Y 65-68 7 0 7 2 7 5 6 2
7 BANK OF INDIA 3 2 5 B U Y 31 8-321 3 2 5 3 2 8 3 3 4 3 1 2
8 B E L 1 7 0 8 B U Y 16 80-170 0 1 7 2 0 1 7 3 4 1 7 5 8 1 6 6 8
9 B H E L 2 3 1 8 B U Y 22 80-230 0 2 3 2 0 2 3 4 5 2 3 6 0 2 2 6 5
1 0 CHEENAI PETRO 2 4 5 B U Y 24 2-245 2 4 8 2 5 1 2 5 5 2 3 8
11 CIPLA 3 2 0 B U Y 31 6-319 3 2 2 3 2 5 3 2 8 3 1 2
1 2 CUMMINS INDIA 5 6 2 B U Y 55 5-558 5 6 3 5 6 5 5 7 0 5 4 8
1 3 G E SHIPPING 2 9 6 B U Y 29 0-293 2 9 7 3 0 0 3 0 3 2 8 7
1 4 HCL TECH 3 7 7 B U Y 37 0-373 3 7 6 3 8 0 3 8 4 3 6 6
1 5 ICICI BANK 8 6 4 B U Y 82 2-830 8 3 8 8 4 4 8 5 2 8 1 5
1 6 IDBI BANK 111.5 B U Y 108-110 1 0 5 11 5 11 8 1 2 0
1 7 IFCI 52 .45 B U Y 51.50-52 52 . 8 5 3 . 5 5 4 5 0 .6
1 8 INFOSYS 2 6 7 7 B U Y 26 10-262 5 2 6 5 5 2 6 8 5 2 7 0 0 2 5 5 0
1 9 ON GC 11 3 2 B U Y 110 0-1110 11 2 2 11 3 3 11 4 5 1 0 9 5
2 0 OFSS 2 0 8 6 B U Y 20 40-206 0 2 0 8 0 2 1 0 0 2 1 2 2 2 0 7 5
2 1 PATNI 5 5 4 B U Y 54 8-552 5 6 0 5 6 5 5 7 4 5 4 2
2 2 RANBAXY 4 2 7 B U Y 41 8-422 4 2 8 4 3 3 4 4 0 4 1 2
NIFTY MIGHT BE IN A RANGE WITH HIGH UPS N
DOWN AND THE RANGE COULD BE 4950-5150
AS WE HAD DISCUSSED
EARLIER THAT METALS
WILL LEAD THE RALLY
ON THE UPSIDE DID YOE
SAW WHAT HAPPENED
TO STERLITE HINDALCO
AND SESA GOA.
IF WE TALK ABOUT SEC-
TOR SPECIFIC THEN
THERE IS STILL LOT
STEAM LEFT IN BANKS
CONSUMER DURABLES AND
PHARMA SECTOR.
DEAR READEROF THE ECONOMICREVOLUTION ,
N I F T YNAMSKAR,
SO FRIENDS