Ter English Issue 14 Yr 4

• Vol. 4 • Issue : 14 • Date : 30-05-2011 to 05-06-2011 • Editor : Narendra Joshi • Mobile:9825065387• Land line 079 27451449 ••• Address : 115/991, Nirmal Apartment, Telephone Exchange Road, Naranpura, Ahmedabad -380013 • Phone : 27451449 ••

44444

Trading GuideTrading GuideTrading GuideTrading GuideTrading Guide

NIFTY UP BY 64POINTS DUE TOSTRONG GLOBAL

CUES

99999Last bounce fromtrendline support,H&S target 4100

1818181818

Point BlankPoint BlankPoint BlankPoint BlankPoint Blank

Let us see howmuch power

Fight betweenBulls & Bear

DRAGON-FLDRAGON-FLDRAGON-FLDRAGON-FLDRAGON-FLY DOJI IN SENSEXY DOJI IN SENSEXY DOJI IN SENSEXY DOJI IN SENSEXY DOJI IN SENSEX– 28/05/2011.CRITICAL SUPPORT

RESPECTED.Last weeks market

movement was exactlyas per script. Marketwas in a downtrend in

all the time-frames andas a result the testingof the critical supportwas on the cards. Asmentioned in the lastweeks art ic le, thecritical support was atSensex 17784 and Nifty

5319 and the marketwent exactly near thatlevel before staging abounce-back. It was ofparamount importancethat the support levelwhich was in the form

of trendl ine berespected; as it hasbeen supporting themarket for the past 18months.

IS IT A TRENDREVERSAL.

There is a Bull ish

NiftNiftNiftNiftNifty Sutray Sutray Sutray Sutray Sutra

Gold - Silver, Copper, Nickel, Lead, Zinc, Crude Oil-Natural Gas.

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ACCURACY ABOVE 90 % ACTUAL

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WEEKLY REVIEW

CFT, MSTA (Londen)A professional Technical Analyst and a Trader based inBombay & Runs his ownconsultancy http:// www.prakashgaba.comEmail:[email protected]

PRAKASHGABA

Tel : 093222-10907

Continue on ......7Hammer formation inthe Nifty and a Dragon-

Fly Doji in the Sensex.These patterns are

suggestive of a pricereversal in the very

short term time-frame.

ASTROLOGY &STOCK MARKET

MOBILE :09811738366 - 09810018438

SATISH GUPTAhttp://www.astrostocktips.in

email:[email protected]

WWWWWeekleekleekleekleekly Ry Ry Ry Ry Reeeeevievievievieview fw fw fw fw for the or the or the or the or the WWWWWeekeekeekeekeekMaMaMaMaMay 31st to Jy 31st to Jy 31st to Jy 31st to Jy 31st to June 3rune 3rune 3rune 3rune 3rd 2011d 2011d 2011d 2011d 2011

PAINTS, PHARMA AND BANKINGFinancial sector will be

receiving very strongASTROLOGICALsupport

Nifty: (5476)Sensex: (18266)27.5.11We said

‘ Technically we can

say that the Ni f tymight hold the 5400mark and we arelikely to see a higher

c los ing in th is F&Oexpiry week and thelogical target on theupside could be 5609-5672’

The marketunfolded weak butrecovered and as

Continue on ......10Continue on ......10

Weekly StockMarket Prediction

30th May –3rd June 2011

Weekly planetaryposition: During the

week, Moon wi ll betransiting in Aries,Taurus & Gemini. Sun inTaurus. Mars, Venus,Mercury & Jupiter inAries. Rahu & Pluto in

Sagittarius. . Ketu inGemini. Saturn in Virgo.Neptune in Aquarius.Mercury will shift toTaurus on 31st May 2011

B E

THETHETHETHETHEECONOMICREVOLUTIONECONOMICREVOLUTIONECONOMICREVOLUTIONECONOMICREVOLUTIONECONOMICREVOLUTION2 30-05-2011 to 05-06-201130-05-2011 to 05-06-201130-05-2011 to 05-06-201130-05-2011 to 05-06-201130-05-2011 to 05-06-2011

THE ECONOMIC REVOLUTIONTHE ECONOMIC REVOLUTIONTHE ECONOMIC REVOLUTIONTHE ECONOMIC REVOLUTIONTHE ECONOMIC REVOLUTION THE TREASURY OF GOOD ANALYST THE ECONOMIC REVOLUTION

Making moneMaking moneMaking moneMaking moneMaking money iny iny iny iny inBear markBear markBear markBear markBear marketetetetet

ASTROMONEYGURU

www. astromoneyguru.com

COL.AJAY

Mo.09414056705,09314196555

ATTENTIONThe material contained in The Economic Revolution is based on Fundamental and

Technical analysis & other scientific methods and also the knowledge and belief ofauthor. Error can not to be rulled out. The information given is of advisory nature only.The Editor, the Publisher and the Author does not take any consequences arising out ofit. All rights reserved. Reproducing to whole or in part of any matter including featurswithout permision is not permitted. Legal jurisdiction is Ahmedabad only.

The material given in The Economic Revolution is the views of author only, it notmeans 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,

To the contrary, thebearish trend in themarket is not a loss ofmonetary value as we allhave been made tobelieve. Money has justexchanged hands.Velocity of money statesthat; Money flows fromthe point of leastknowledge to the pointof higher knowledgethereby creating

opportunities. The truthis; money is never lost inthe capital market, itcould only be transferred

from one person toanother. While somepeople are dejected andpanicking becausemoney is beingtransferred from them,others are excitedbecause money is beingtransferred to them.

For the first group ofpeople their prayer is“let this cup pass over usOh Lord!” However, it is“thank you Lord!” for the

second group what anirony of life. The samemarket the samecountry, the sameeconomy and the samerule but different resultsfrom different players.

The US stock markethas experienced marketcrash or bearish trendmore than any stockmarket in the world. Theseverity and duration of

the bear market of 1907,1929/1932 1973/1974,1961/1962, 1969/1970,2008 in the US

capital market are tobuttress this fact. Inaddition, after aprolonged bullish trendof 1990’s “dot comboom” the US capitalmarket has been bearishsince the year 2000 yetpeople are makingbillions of dollars daily inthe market. It isnoteworthy to point outthat Warren Buffett,William O’ Neil, Jesse

Livermore, BenjaminGraham, Charlie Munger,Philip Fisher and WalterSchloss have made somuch money in thissame market bear orbull. In 2007 alone,Buffett made over $10billion in a bear market!And is still making moremoney. He made his

wealth substantially byinvesting in shares ofcompanies in the USstock market. Our Indianstock market there arelots of lot live examplewho made big moneythrough stock marketlike RakeshJhunjhunwala, manishMarwaha, Nirmal jain,Ramdev agarwal, Anandrathi . There may bemore then 200 biginvesters who madehistory in Indian stockmarket. Check what theywere 15 years ago and

what they are today.

Therefore it is notyou who make money orlose money .It are yourstars which make you toearn or loose. Otherwisesame terminal, sameadvice why some body isearning other is loosingmoney. Therefore pleasecheck your stars throughonly finical astrologer

who understandsfinance market ormoney market beforejumping in capitalmarket. Of course youmay says that is all thesuccessful man‘s starsare powerful then onlyone can earn. Yes Starsplays very important rollto make you big tobiggest.

The legend, WarrenBuffett, the richestperson in the world byForbes Magazine 2008List of world richestpersons and their net

worth, put the asset

value of Buffett at about$68 billion. Interestinglythis man turned on aninvestment of $105,000into a $20billion plusinvestment fortune byinvesting in the stockmarket. It may furtherinterest you to know thathe made the chunk of hismoney in a bear market

that started in the year

2000 and since thenWarren Buffett the

Oracle of Omaha has

never looked back. Hisnet worth has continuedto increase in multiplefolds whether in a bull orbear. Therefore it couldbe deduced from theinvestment life of Buffettthat, money is made inthe market at all times,Bull or Bear and thatbear markets actuallypresents a life timeinvestment opportunity.If Warren Buffett couldachieve this feat then itis much easier to achievethe same feat by simplylooking at what he andothers in his league didand do the same. That isexactly what I intend toachieve during thecourse of this write-up.Having established thefact that Bear or Bull,money is made and thatbear market is actually alife time opportunity.

The fact is that you canalways stay ahead of themarket in the aggregateyearly no matter howravaging the bearish trendmay be. Bull or Bear is awin-win situation and youcould advance more onyour winning streak in abear market.

Our advance

predictions made inprevious article aboutbounce back and positivemovement in Indian stockmarket once again provedcorrect.

upward movement wasseen in Indian stock .Hopeall my clients must haveenjoyed big profit undervolatility. For daily advancepredictions one should visitwww.astromoneyguru.com every day before marketopen .

By Col Ajay(Astromoneyguru)

www.astromoneyguru.com

330-05-2011 to 05-06-201130-05-2011 to 05-06-201130-05-2011 to 05-06-201130-05-2011 to 05-06-201130-05-2011 to 05-06-2011 THETHETHETHETHEECONOMICREVOLUTIONECONOMICREVOLUTIONECONOMICREVOLUTIONECONOMICREVOLUTIONECONOMICREVOLUTION

THE ECONOMIC REVOLUTIONTHE ECONOMIC REVOLUTIONTHE ECONOMIC REVOLUTIONTHE ECONOMIC REVOLUTIONTHE ECONOMIC REVOLUTION

BUY & SELL

E-Mail: [email protected],[email protected]

Mo. 098940 43090Ramesh Chandra

CONTACT US FOR STOCKMARKET RECOMMENDATIONS

Forecast of South West Monsoon is the onlypositive factor… Euro Debt Crisis is still notover… Use relief rally to exit long…

SCRIP CLOSE SUPPORTS RESIST

ANCESAMBUJACEM 136 132,127 141,144

AXISBANK 1220 1203,1184 1260,1287

BHARTI 373 368,363 387,392Abv 375

CIPLA 318 315,310 334,343Abv 324

DIVIS 750 742,729 783,798

DLF 225 221,216 234,239

HDFC 656 644,635 675,690Abv 660

HINDALCO 198 195,192 204,211Abv 198

HPCL 373 366,361 387,392Abv 375

ICICIBANK 1068 1053,1040 1098,1127Abv 1074

INFOSYSTCH 2787 2774,2757 2831,2862

ITC 189 187,184 194,199

JSWSTEEL 937 924,915 963,990

LIC 222 219,216 232,239Abv 223

MARUTI 1221 1206,1189 1257,1278

ONGC 283 279,274 294,303

RELCAPITAL 488 478,469 507,518

RELIANCE 945 933,918 982,995Abv 954

SAIL 144 142,139 151,154Abv 146

SBIN 2234 2205,2188 2310,2331

SESAGOA 282 280,277 289,294

STER 167 165,162 174,177

TATAMOTORS 1089 1080,1053 1117,1158Abv 1080

TATAPOWER 1206 1193,1174 1234,1257

TATASTEEL 585 580,573 603,612Abv 588

TCS 1140 1129,1108 1184,1215

WIPRO 442 434,431 455,460Abv 445

WEEKLY TRADING PICKS(30th MAY - 03rd JUNE 2011)

Fireworks for theweek 30th MAY 2011 –03rd JUNE 2011

MARKET OUTLOOKFOR THE WEEK

Forecast of SouthWest Monsoon is theonly positive factor…Euro Debt Crisis is stillnot over… Use reliefrally to exit long…

We had witnessedselling pressure inbeginning of last weeklead by Euro ZoneWorries… In last twodays market recoveredthe loss, lead by shortcovering in F&Osegment and by strongglobal cues… FII’s werenet buyer in this weekthat also supported the

recovery from earlierlosses…

Exit long: Evenmarket had witnessedsome recovery, weadvice all to utilize thisrelief rally to exit long

positions from front linestocks (most of them

holding below their200DMA)… Wheneveroil price hike takesplace, it will lead tohigher inflation only…

Continue on ......8

SUBSCRIBE TER, A MULTY ANALYST WEEKLY TO GET SUNDAY MIDNIGNT,SUBSCRIPTION IS ONLY RS. 1000 PER YEAR

Follow-up :Follow-up 1:

Our last week recommendation made onCrew BOS at Rs.101 made high of Rs.115.75

in this week…

Note:We are repeatedly giving alert on

correction for the past few weeks, mustfollow all our stop loss levels strictly onany of our buy recommendations… Long

term delivery clients alone use thiscorrection to accumulate all our delivery

picks on crash… Since we use to giverecommendation on stocks also with

fundamental check… Keep the level of5271-5226 in mind, and then start

investing for long term…

DELIVERY PICKS:MICROTECH CMP Rs.129

Accumulate Microtech on dips with consider-ation of Rs.126-123 as major supports and

Rs.110 as stop loss for our short term target ofRs.150-180 and more…

MARG CMP Rs.92Take a small risk with buying MARG around Rs.90-93levels with a closing basis stop loss at Rs.86 for our

1-2 weeks target of Rs.105-110-117

When this kind of highinflation is going on, weexpect governmentcan’t meet its projectedfiscal deficit level of4.6%... We mustconsider the rising debtissues again in Europeanzone (Greece & Italy), iffail to control it thatcould give setback againin markets…

Even FII’s turned tonet buyers in last fewdays; it is notconsiderable, whentheir net selling in thismonth alone standsabove Rs.5200crores…

Everyone expectssouthwest monsoonwill be above normal (Asof now this is the onlypositive factor for our

market), if it fails tomeet expectation thatwill dampen thesentiment again… Alsowe must watch GDPdata on 31-May, bywhich we can get someclues on upcoming RBI’spolicy review… On 16-June RBI may increaseinterest rates to a


THE ECONOMIC REVOLUTIONTHE ECONOMIC REVOLUTIONTHE ECONOMIC REVOLUTIONTHE ECONOMIC REVOLUTIONTHE ECONOMIC REVOLUTION GUJARATI HARD COPY AVAILABLE IN GUJARAT AND MUMBAI

NIFTY UP BY 64 POINTS DUENIFTY UP BY 64 POINTS DUENIFTY UP BY 64 POINTS DUENIFTY UP BY 64 POINTS DUENIFTY UP BY 64 POINTS DUETO STRONG GLOBAL CUESTO STRONG GLOBAL CUESTO STRONG GLOBAL CUESTO STRONG GLOBAL CUESTO STRONG GLOBAL CUES

INTERNATIONAL DEPOSITORY RECEIPTS:The NSE Niftyclosed at 5476 up by64 points and BSESensex c losed at18266 up by 1.23% onweekend. H indalcoended s tronger by5.8% thanks toimpress ive results

from i ts U.S .subsid iary Novel is .R e l i a n c eC o m m u n i c a t i o n smoved up by 5.7%.ICICI Bank surged4.25% thanks to astrong performance ofits ADR overnight. DLFgained more than 4%.R e l i a n c eInfrastructure endedwith a gain of 3.85%.Jaiprakash Associatesand ONGC gained 3.3%and 3.2% respectively.Mahindra & Mahindra(2.85%), Tata Steel(2.3%), State Bank ofIndia (2.1%) and HDFC(2.1%) also closed withhandsome gains. BajajAuto, Rel ianceIndustries, HDFC Bank,Wipro, ITC and BhartiAirte l ga ined 1% -1.5%. TataConsultancy Services,Tata Power, BHEL andInfosys Technologiesalso closed on a firmnote. Nifty stock IDFCposted a gain of6.25%. Reliance Powergained 4.8% onimpress ive results .Rel iance Capita lsurged 2.8%. KotakBank, Power Gr idCorporation and BPCLsurged 2% - 2.3%. HCL

Technologies , SesaGoa, SunP h a r m a c e u t i c a l s ,Cairn India, Axis Bankand RanbaxyLaborator ies a lsoclosed on a firm note.Tata Motors endedwith a sharp loss of

6.5% as quarter lyresults fe l l short ofexpectat ions. Thecompany's warningabout a likely fall indemand forcommercial vehiclesalso hurt sentiment toan extent. HindustanUni lever, AmbujaCements, GAIL India,Hero Honda and NTPCended 1.4% - 1 .8%down. Punjab NationalBank, C ip la andSterlite Industries alsoended weak. Realtys tock Anant RajIndustires shot up byover 11%. OrbitC o r p o r a t i o n ,Indiabulls Real Estateand Unitech gained 4%- 4.5%. SobhaDevelopers , GodrejProperties, PeninsulaLand, HDIL, MahindraLifespace and AckrutiC i ty a lso postedimpressive gains. YesBank, Federal Bank,IndusInd Bank, Bank ofBaroda, IDBI Bank andUnion Bank of Indiawere among thenotable gainers in theBankex, bes idesheavy weights ICICIBank, SBI, HDFC Bank,Axis Bank and KotakBank.

INTERNATIONAL COMMODITIES QUOTES

INTERNATIONAL CURRENCY QUOTES

NIFTY:-Nifty June future closed at 5466 with high

volume i.e. above 13 day exponential movingaverage at 5463. RSI is cutting upward at 19.72and MACD is cutting downward at –104.66 andfacing resistance at –99.36 in negative field on

Continue on .....10daily basis, which are in highly



NOW SOME PAGES OF THE ECONOMIC REVOLUTIONIS 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

SUBSCRIPRIONSUBSCRIPRIONSUBSCRIPRIONSUBSCRIPRIONSUBSCRIPRIONONLONLONLONLONLY RS.1000Y RS.1000Y RS.1000Y RS.1000Y RS.1000

PER YEAR, WITH THIS ISSUE GE PER YEAR, WITH THIS ISSUE GE PER YEAR, WITH THIS ISSUE GE PER YEAR, WITH THIS ISSUE GE PER YEAR, WITH THIS ISSUE GET GUJARAT GUJARAT GUJARAT GUJARAT GUJARATI VERSION FREETI VERSION FREETI VERSION FREETI VERSION FREETI VERSION FREE

SENSEX SUPPORT 18211 /17823RESISTANCE 18467 /18912

SENSEX ----( S U P P O R T- - 1 8 2 1 1 /17823----RESISTANCE--18467/18912)

Technically sensexlooking sideways forcoming days. The nextmajor Resistance levelof sensex is 18912.Target and Stop loss forclients only.

NIFTY ---- (SUPPORT-- 5 4 2 4 / 5 3 2 3 - - - -R E S I S TA N C E - - 5 5 6 5/5676)

Technically Nifty isalso looking sidewaysfor coming days. Thenext major StrongResistance in the nifty isabove 5676 mark. Niftyfuture Target and Stoploss for clients only.

TATA STEEL LIMITED( S U P P O R T- - 5 2 7 - - - -RESISTANCE--648)----BUY

Stock looking strongTechnically. Indicatorsshowing good up movefor next few days.Traders can Buy cashand future for shortterm. Target and Stoploss only for Clients.

HINDALCO LIMITED( S U P P O R T- - 1 7 7 - - -RESISTNCE--242)----SELL

Stock is looking greatto sell for short termtraders and investors.

Traders can sell cash andfuture. Target and Stoploss only for Clients.

SHORT TERMTRADING CALL

STRONG TECHNICALBREAKOUT -- KEEPSTOPLOSS ALSO

BUY-----

( BSE CODE--531582)BERYL SECURITIES

LIMITEDDisclaimer:These calls are based

on the technicalanalysis and personalobservations and arenot recommendationsto any person to buy orsell any securities. Wedont considerfundamental values ofany scrip in thisnewsletter. Readers ofthis column who buy orsell securities based onthe information in this

column are solelyresponsible for theiractions and profit orloss. It is only theoutlook of the marketsand stocks withreference to its previousperformance. You areadvised to take your

position with your senseand judgment and withstrict stoploss. we sendour Articles to differentnews providers and wedont gurantee ofaccurate printing of thearticle, there maybemisprinting andmisreporting in thearticle. Stock market ishighly unpredictableand demand and supplyaffects it. And authorwon't be liable orresponsible for any legalor financial losses madeby anyone.

Poor corporate governance leadsto higher risk and lower returns

A recent analysis byPortugal-headquarteredEspirito Santo Securitieshas brought to the foreinteresting facts about anumber of listed Indiancompanies. The financialservices firm, which isthe holding company ofExecution Noble Group,has recently published areport called‘Coping withcorruption’ in whichit has downgraded anumber of Indiancompanies.

“The sheer scaleand quantum ofcorruption scandalsover the past ninemonths haschanged the moodamong the people inIndia, and investors intoIndia,” notes the report.In the long run, poorgovernance and corruptpractices lead to highervolatility, risk, cost ofcapital, and lowerreturns, the report says

The parameters forthe study include,promoter background,consistency in reportingtimes, reporting ofquarterly balance sheetand cash flows, complexholding structure, ‘pumpand dump’ by

promoters, selectivedisclosures and access tomanagement forinvestors and analysts.

On the basis of theseparameters, a number ofcompanies have beendowngraded such asEdelweiss Capital,Manappuram GeneralFinance & Leasing, Lupin,

Dr Reddy’s Laboratories,GMR, GVK, ChambalFertilizers and MundraPort. Further, entitiessuch as 3i InfoTech andFinancial Technologieshave also been assignedlow ratings, underdifferent parameters.

Espirito Santo is publiclylisted on theLuxembourg, Lisbon andLondon stock exchangesand has a marketcapitalization of morethan $1.5 billion.

The report, which is

based on the trackrecord of making timelydisclosures about relatedparty transactions,attitude towardsminority shareholdersand accounting policies,has related returns withcorporate governance.

For instance, EspiritoSanto has downgraded

M a n a p p u r a mbecause of “ itsm a n a g e m e n t ’spoor andi n c o n s i s t e n tguidance to themarket which cameto light in the lastfew quarters”.Similarly, Edelweisshas beend o w n g r a d e d

“because of the lack oftransparency andinadequate disclosuresof the balance sheetespecially on the assetsside especially for thelast reported quarter (Q4FY11).”

The analysis has givenhigh priority to theinterests of minorityshareholders and hasbeen punitive oncompanies that havedisregarded the interestsof minority shareholdersahead of promoters’interests.


THE ECONOMIC REVOLUTIONTHE ECONOMIC REVOLUTIONTHE ECONOMIC REVOLUTIONTHE ECONOMIC REVOLUTIONTHE ECONOMIC REVOLUTION SUSCRIBE TODAY AND GET IN YOUR E MAIL EVERY SUNDAY NIGHT

Above 5549,we may see 5625, 5666, 5706Below 5410, we may see 5380, 5360, 5330

Hot Delivery based Short term Investment :

# Join Me On My Facebook Id : http://www.facebook.com/profile.php?id=100002368427156Those interested can add me by sending friend request….

# Visit Our Letusgrowtogether Page On Facebook & Like It :http://www.facebook.com/pages/Letusgrowtogether-

Stock-Market-Info/144783155591469# Follow Us On Twitter : https://twitter.com/#!/

ParasKGhelani

HOT CAKE

Email: [email protected] ,[email protected],Yahoo ID: smile_starter_for_u_1Disclaimer: This Is For Educational Purpose & Author’s PersonalView. Take Invesment Decision At Your End.

Continue on ......10

In Last week’s “BAAJNAZARE (23.05.11 to27.05.11)” we hadclearly & boldly informedall that, Below 5420, Wemay see5400,5380,5350 in niftyfuture… Nifty future hadachieved our all 3 targets& touched a low of5328.55… Due to bothside heavy movement inInternational StockMarket & CommodityMarket & ElectionResults in India, Indianstock market witnessedvery heavy volatility onboth the side,exactly as

per our prediction givenin last week…. Just lookat our predictions about

nifty futurel e v e l s … . 1 0 0 %satisfactory &perfect….Just go throughour entire website & seeour consistentperformance in niftyf u t u r epredictions….Those whotrades daily in niftyfuture can contact us forour paid services to getDaily SMS for nifty futurelevels for whole daybefore marketopens….Those interestedcan go through our pastperformance in ourwebsite & judge our

# Join Me On My Facebook Id : http://www.facebook.com/profile.php?id=100002368427156Those interested can add me by sending friend request….# Visit Our Letusgrowtogether Page On Facebook & Like

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ability to give profits inany kind of markets…..

Nifty future had notgiven breakout onupperside though,fromLast week’s stock futurerecommendations givenin “BAAJNAZARE(23.05.11 to27.05.11)”, DCB touched58.10 from our recoprice 55.90 (Gain of Rs.2.20 per lot), S Kumartouched 66 from ourreco price 58.35 (Gain ofRs. 8 per lot) , MRPLtouched 75 from ourreco price 73.70 (Gain ofRs. 1.30 per lot), LIC

touched 224.60 from ourreco price 214.80 (Gainof Rs. 10 per lot) &

Reliance touched 955.45from our reco price923.85 (Gain of Rs. 32per lot)….Just calculateprofits per lot & alsocalculate % of profits perlot in a single weekonly….Just go throughour entire website & seeour consistentperformance in stockfuture predictions….it isc o n s i s t e n tperformance.Those whotrades daily & takepositional calls in stockfuture can contact us forour paid services to getDaily SMS during market

hours which generallywe doesn’t mention inour website…it is for paidclients only…

Market had not givenbreakout on uppersidethough, from Last week’sdelivery based shortterm recommendationsgiven in “BAAJNAZARE(23.05.11 to27.05.11)”, Axis Banktouched 1228 from ourreco price 1222 (Gain ofRs. 6) & ITC touched 191from our reco price185.80 (Gain of Rs. 5 )…..Just calculate profits per1000 shares & alsocalculate % of profits ina single week only….Justgo through our entirewebsite & see ourconsistent performancein delivery based callspredictions….it isconsistent performance.Those who trades shortterm, medium term &long term calls ind e l i v e r y b a s e dinvestment can contactus for our paid servicesto get Daily SMS duringmarket hours whichgenerally we doesn’t

mention in ourwebsite…it is for paidclients only…

NiftyFuture(5466.35) :

Above 5549,we mays e e5625,5666,5706…Below5410,we may see5 3 8 0 , 5 3 6 0 , 5 3 3 0 .Readers may please,Trade On Breakout sideonly according to ownfinancial capacity & atrisk & on your owndecisions.

Hot PositionalStock Futures:

1) Bhushan Steel(443.10): Rs. 430stoploss…It may touch455 to 468…

2) LIC (223.90): Rs.215 stoploss…It maytouch 230 to 239…

3) Reliance (949):Rs. 927 stoploss.. It maytouch 963 to 977…

4) SBI (2246.20):Rs. 2203 stoploss..It maytouch 2280 to 2322…

5) TCS (1142.75):Rs. 1126 stoploss…It maytouch 1157 to 1175…

Hot WeeklyStock Futures:1) Tisco (583.75):

Rs. 564 stoploss… It maytouch 604 to 626..

2) E d u c o m p(472.40): Rs. 450stoploss.. It may touch491 to 514…

3) HDFC (650.05):Rs. 637 stoploss….It maytouch 666 to 680…

4) I n f o s y s(2801.20): Rs. 2775stoploss…. It may touch2822 to 2844…

5) Axis (1214.50):Rs. 1195 stoploss..It maytouch 1242 to 1261..

Hot Short TermDelivery based Calls

:1) ITC (500875)

(189.10): Rs. 185 SL InNear term it may touch194 to 199…

2) Suzlon (532667)(50.70): With Fast Movein Near term it maytouch 54 to 57…

3) IFCI (500106)(46.30): Near term it maytouch 50 to 54…

4) Praj (522205)

(72.85): Near term it maytouch 77 to 82…

5) A g e e g o l d(512289) (106.50): Nearterm it may touch 117 to127…

6) Tata Coffe(532301) (834.55): Innear term it may touch860 to 882…

7) DCB (532772)(57.25): Near term it maygive solid upmove from61 to 64…

8) S Kumar(514304) (63.90): Nearterm it may touch 70 to77…

9) C h a m b a l(500085) (76.70): Nearterm it may touch 82 to88…

10) MRPL (500109)(71.60): Near term itmay touch 77 to 84….

In Coming Days, we may see upside in

many scripts through momentum….

1) Unitech (507878) (30.05): Near term it may touch to 36 to 39…

2) IDFC (32659) (137.6): Near term it may touch 144 to 153…

3) Naga Ferti (500075) (30.40): Near term it may touch 32 to 35 withupmove..

4) Shri Ashtavinayak (532793) (5.34): Near term it may touch 7 to 9…

5) Super Spinning (521180) (9.70): Near term it may tocuh 12 to 14..

6) NTPC (532555) (168.85): Near term it may touch 174 to 180..

7) Timex (500414) (37.45): Near term it may touch 41 to 46…

8) Hind Copper (513599) (277.4): Near term, it may touch 306 to 344…

9) HOCL (500449) (33.5): Near term, it may touch 37 to 43…



Cont. from Pg. 1Lion’s Roar

INDEX LEVELS :S3 S2 S1 CLOSE R1 R2 R3

Nifty 5242 5328 5401 5476 5556 5634 5721Sensex 17546 17786 18020 18266 18542 18794 19074

WATCH OUT FOR

But the question is willit reverse the trend.For the intermediatetrend to reverse themarket has to closeabove Sensex 19038and Nifty 5709 and thelong term trendreversal will happen

only i f the marketcontinues to stayabove Sensex 19651and Nifty 5895. T i l l

then the minor pricereversals wi l l betermed as pull-backsand not trendreversals.

T E C H N I C A L L YSPEAKING.

The Sensex opened

the week at 18269made a high of 18298,a low of 17786 andclosed the week at18266. The Sensex lost60 points on a weeklybasis. Similarly Niftyopened the week at5456, made a high of5485 , a low of 5328and closed the week at5476. The Nifty closedwith a minor loss of 10points on a weeklybasis.

Both the indiceshave formed Bull ish

Reversal Patterns asseen on the weeklycharts. Sensex hasformed a Dragon-FlyDoji formationwhereas the Nifty hasformed a Bullish Whitebody Hammer. Boththe formations can be

termed as Takuri Lineformations because ofthe long lower shadow.A Takuri Line at the end

of a downtrend signalsa strong bullish upwardprice movement in thevery short term time-frame. On the dai lycharts, Sensex hasformed a big whitebody candle whereas

the Nifty has formedan Opening WhiteBody Marubuzo. Thedaily formations arealso suggestive of acontinuation of thebullish upmove in thevery short term.

Sensex has leftbehind a Rising Gapwhile moving upwards,between 18072-18087.This gap will providesupport in case of afall.

S ince there is abul l ish reversal

candlest ick patternformed on the weeklycharts, one can expectsome sort of pull-backaction on both theindices as long as lowof 17786 for theSensex and 5328 forthe Nifty is not

violated. We have toconsider a pull-back ofthe fall from 19811-17786 for the Sensex

and 5944-5328 for theNifty. The pull-backlevels are placed at18560-18799-19038for the Sensex and5563-5636-5709 forthe Nifty . I f weconsider the entire fall

from 21108 to 17295for the Sensex and6318 to 5177 for theNifty then the pul l -back levels are 18751-19202-19651 for theSensex and 5621-5758-5895 for the Nifty.

The market is wellbelow the long termaverage i.e. 200dma(Sensex – 19172 andNifty – 5754), mediumterm average of 50dma(Sensex – 18777 andNifty – 5634) and shortterm average of 20dma

(Sensex – 18321 andNifty – 5489). As aresult, all the threetrends the short term,the medium term andthe long term trendsare down. Both theindices are justlurking below the20dma and a shortterm trend reversal willbe in place if the pricesmanage a close abovethe 20dma. In fact theshort term, mediumterm and the long termaverages are above the

current market priceand as a result, theywill act as resistancesgoing forward.

There exists astrong support line inthe form of demandtrendline at Sensex17821 and Nifty 5331.This is a very criticalsupport line and themarket has beenrespecting it for thepast 18months. Themarket tested thistrendline last week andmanaged a smartbounce-back from thistrendline. A breach ofthis support line willconfirm a Bearish Headand Shoulders Reversalpattern. This will beherald a strong bearonslaught.

On the higher sidethe 50% pull-back levelof the immediate fall,38.2% of the entire fall,and 50dma al lconverge and areplaced nearby, thusforming f irstresistance zone i .e.from Sensex 18751-18799 and Nifty 5621-5636. Above this, thereis a second resistancezone formed by the

SUSCRIBE FOR ENGLISH VERSION, GET GUJARATI VERSION FREE

THIS WEEK’S RECOMMENDATIONS :

STOCK CMP SL Tgt-1 Tgt-2Buy BemL 650 637 671 694Buy EKC 85 83 89 94Buy ABGShip 372 363 385 398Buy JsWSteel 937 926 952 968Buy Havells 396 389 409 422

convergence of 50% ofthe entire fal l and200dma. Thus Sensex19172-19202 and Nifty5754-5758 forms asecond resistance

zone.The market

completed a smallBearish Head &Shoulders last weekand the target forwhich is Sensex 16573

and Nifty 4964. Thetarget for this BearishHead and Shoulderswill remain intact aslong as the marketremains below Sensex18724 and Nifty 5605.

Al l the majoroscillators continue intheir Sell mode. MACDand ROC both are innegative territory andcontinue with their Sellsignals but both havestarted turningupwards. RSI at 45, toocontinues with its Sellmode. Bollinger bandwhich had given a Sellsignal two weeks agocontinues with its Sellsignal. A close abovethe 20dma (Sensex –18321 and Nifty –5489) will negate theSell signal generated bythe Bol l inger Band.Money Flow (52) hasmoved higher and hassignaled a Buy. MFIsuggests that moneyhas f lowed in themarket at lower levels.OBV has startedmoving higher but isyet to s ignal a Buy.Stochastic osci l latorhas just given a Buysignal as %K has cut %D

Almost all the recommendations achieved their targets, except forEducomp. The Star performer for the week was Jain Irrigation

which went down by around 6%.

LAST WEEK’S RECOMMENDATIONS

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12345678901234567123456789012345671234567890123456712345678901234567123456789012345671234567890123456712345678901234567123456789012345671234567890123456712345678901234567123456789012345671234567890123456712345678901234567

STOCK Rec. Tgt Reached Lot Profitprice size

Sell Educomp 416 404 408 500 Rs.4,000Sell SunTV 386 376 374 500 Rs.6,000Sell JainIrrig 163 157 153 1250 Rs.12,500Sell Videocon 186 181 181 1000 Rs.5,000Sell Grasim 2258 2227 2195 125 Rs.7,875

Total Rs.35,375

from below. TheDirectional Indicatorstoo continue with theirSel l s ignal as +DIremains below –DI, butthey are converging

suggesting thatthe downtrendhas lost some

strength.Nifty O.I. PCR is

reasonably placed at1.31. The Options buildup presents aninteresting picture.Highest Open Interestbui ld-up is seen at

5000 Put followed by5300 Put. Highest Callwriting is seen at thestr ikes of 5800followed by 5600. Thissuggests that in theshort term the marketis likely to move in arange of 5300 to 5600.A bearish breach of theabove mentionedrange will lead to 5000on the lower side anda bullish breach of therange will lead to 5800on the higher side.

The TrendlineResistance for theSensex is at 19349. TheTrendline Support is at17821.

The TrendlineResistance for the Niftyis at 5812 . TheTrendline Support is at5331.

For the weekahead, Sensex wi l lfind Support at 18020-17786-17546 and willf ind Resistance at18542-18794-19074.

For the weekahead, Nifty will findSupport at 5401-5328-5242 and wi l l f indResistance at 5556-5634-5721.



Cont. from Pg. 1Buy & Sell

SOME OF OUR MEGA HITCALLS (23-May to 27-May)

VISIT : www.theeconomicrevolution.com for latest infromation

1. DELIVERY BUY COALINDIA @ 315 (20.01.2011) AND AGAIN AT 340(31.03.2011) BOOKED 100% @ 390 (26.05.2011) …

2. DELIVERY BUY CREWBOS @ 102 (20.05.2011) BOOKED 50% @ 115(24.05.2011)…

3. OPTIONS BUY HINDALCO 190PE @ 3.30 (12.05.2011) BOOKED 100% @5.50 (24.05.2011)…

4. BEAR STRATEGY SELL DLF FUT @ 230 (16.05.2011) BOOKED 50% @ 219(19.05.2011)… BOOKED 100% @ 216 (24.05.2011)…

5. SELL POLARIS FUT @ 200 (16.05.2011) BOOKED 50% @ 189(19.05.2011)… BOOKED 100% @ 186 (23.05.2011)…

6. BEAR STRATEGY SELL BHEL FUT @ 2055 (16.05.2011) BOOKED 100% @1950 (23.05.2011)…

7. OPTIONS BUY INFOSYS 2800PE @ 18 (16.05.2011) BOOKED 100% @ 60(25.05.2011)…

8. OPTIONS BUY PETRONET 130PE @ 1 (17.05.2011) BOOKED 100% @ 5(24.05.2011)…

9. BEAR STRATEGY SELL HEROHONDA FUT @ 1805 (17.05.2011) BOOKED@ 1760 (23.05.2011)…

10. BEAR STRATEGY SELL HDFCBANK FUT @ 2260 (17.05.2011) BOOKED @2240 (25.05.2011)…

11. BEAR STRATEGY SELL M&M FUT @ 680 (17.05.2011) BOOKED @ 661(26.05.2011)…

12. BEAR STRATEGY SELL AMBUJACEM FUT @ 133 (17.05.2011) BOOKED @126 (23.05.2011)…

13. BEAR STRATEGY SELL RENUKA FUT @ 60.80 (17.05.2011) BOOKED @ 57(26.05.2011)…

14. BEAR STRATEGY SELL TATAMOTOR FUT @ 1185 (17.05.2011) BOOKED50% @ 1150 (18.05.2011)… BOOKED 100% @ 1130 (23.05.2011)…

15. BEAR STRATEGY SELL SESAGOA FUT @ 299 (19.05.2011) BOOKED 50%@ 289 (20.05.2011)… BOOKED 100% @ 282 (23.05.2011)…

16. BEAR STRATEGY SELL TATASTEEL FUT @ 572 AND BOOKED 50% @ 563(20.05.2011)… BOOKED 100% @ 553 (24.05.2011)…

17. BEAR STRATEGY SELL BAJAJAUTO FUT @ 1305 (19.05.2011) BOOKED @1285 (25.05.2011)…

18. BEAR STRATEGY SELL NIFTY FUT @ 5477 (20.05.2011) BOOKED @ 5360(24.05.2011)…

19. BEAR STRATEGY SELL BANKNIFTY FUT @ 10670 (20.05.2011) BOOKED@ 10350 (24.05.2011)…

20. BEAR STRATEGY SELL ABAN FUT @ 585 (20.05.2011) BOOKED @ 558(23.05.2011)…

21. BEAR STRATEGY SELL SUZLON FUT @ 50.80 (20.05.2011) BOOKED @ 49(23.05.2011)…

22. SELL AUROPHARMA FUT @ 189-190 AND BOOKED 50% @ 177(23.05.2011) BOOKED 100% @ 171 (24.05.2011)…

23. BEAR STRATEGY SELL ICICI FUT @ 1026 AND BOOKED @ 1005(23.05.2011)…

24. BEAR STRATEGY SELL UCOBANK FUT @ 94.50 AND BOOKED @ 93.50(26.05.2011)…

25. OPTIONS BUY STER 160PE @ 0.60 (23.05.2011) BOOKED @ 2.20(24.05.2011)…

26. BEAR STRATEGY SELL AXISBANK FUT @ 1200 (23.05.2011) BOOKED @1180 (25.05.2011)…

27. BEAR STRATEGY SELL HCLTECH FUT @ 496 (23.05.2011) BOOKED 50%@ 486 (24.05.2011)… BOOKED 100% @ 482 (25.05.2011)…

28. BEAR STRATEGY SELL PETRONET FUT @ 131 (23.05.2011) BOOKED @126 (24.05.2011)…

29. OPTIONS BUY DLF 210PE @ 3.30-3.60 (24.05.2011) BOOKED @ 5.50(25.05.2011)…

30. BUY CROMPTON FUT @ 250 (24.05.2011) BOOKED @ 258 (26.05.2011)…

31. BEAR STRATEGY SELL TCS FUT @ 1157 (24.05.2011) BOOKED @ 1122(25.05.2011)…

32. OPTIONS BUY TCS 1150PE @ 9 (24.05.2011) BOOKED @ 22(25.05.2011)…

33. BEAR STRATEGY SELL TATAPOWER JUNE FUT @ 1215 (24.05.2011)BOOKED 50% @ 1188 (25.05.2011)…

34. SELL TATAGLOBAL FUT @ 95.50 (24.05.2011) BOOKED @ 90(25.05.2011)…

35. BEAR STRATEGY SELL JSWSTEEL JUNE FUT @ 915 (24.05.2011) BOOKED50% @ 889 (25.05.2011)…

36. SELL BANKNIFTY FUT @ 10400 AND BOOKED @ 10360 (25.05.2011)…

37. BUY NIFTY FUT @ 5370 AND BOOKED @ 5406 (26.05.2011)…

38. BUY BANKNIFTY FUT @ 10410 AND BOOKED @ 10490 (26.05.2011)…

39. SELL VIDEOIND FUT @ 185 AND MADE LOW @ 181 (27.05.2011)…

40. BUY UCOBANK FUT @ 94.50 AND MADE HIGH @ 96 (27.05.2011)…

41. BUY ABGSHP FUT @ 369 AND MADE HIGH @ 376 (27.05.2011)…

FOR ACCURATE STOCK MARKETPREDICTIONS

http//www.astrostocktips.inTEL NO

9810018438- 9810056543

significant level, ifcurrent inflationnumbers not comesdown (particularly food

inflation)… So becautious…

Technically Furthercrash in market will takeplace, if Nifty Spotmaintains below 5459levels… Now we canexpect this pullback tocontinue, only if NiftySpot able to hold above5517 levels… On lowerside we may see 5334-5271 levels in comingweek…

SENSEX 18266TECHNICAL VIEW

(Week 30.05.11 –

03.06.11):This week 18401 &

18203 will act as “KEYLEVELS” – if it maintains

above 18401 ormaintains below 18203levels will decide thetrend of market in nextweek…

SUPPORTS: 18203,17916, 17780 & 17591…

RESISTANCES: 18401,18558, 18788 & 18963…

SENSEX FOR THEDAY 30.05.11:

Today, if SENSEXmaintains above 18294will give upside target of18473-18558 levels… Orelse it may slide up to18041-17916 levels…

SUPPORTS: 18203,

18122, 18041 & 17916…RESISTANCES: 18294,

18401, 18473 & 18558…

NIFTY 5476TECHNICAL VIEW

(Week 30.05.11 –03.06.11):

This week 5517 &5459 will act as “KEYLEVELS” – if it maintainsabove 5517 or maintainsbelow 5459 levels willdecide the trend ofmarket in this week…

SUPPORTS: 5459,5370, 5334 & 5271…

RESISTANCES: 5517,5567, 5634 & 5688…

NIFTY FOR THEDAY 30.05.11:

Today, if NIFTYmaintains above 5486levels – then it will giveupside target of 5540-5567 levels… Otherwiseit may slide up to 5405-5370 levels…

SUPPORTS: 5459,5432, 5405 & 5370…

RESISTANCES: 5486,5517, 5540 & 5567…

Please note that here we had given our entry rate and 100%profit booked rates only… For example, entered short in

HCLTECH future at 496 on 23-05-2011… Given Profit booking50% at 486 on 24-05-2011 and given 100% profit booking at

482 on 25-05-2011…

Loss trades: Adanipower (Rs.2000), Bankindia (Rs.3500), Dabur(Rs.4000) and in Gail (Rs.2000)…



MARKET MAY REMAINRANGE BOUND

Technical indicators of major StocksMFI=Money Flow Index * RSI=Relative Strength IndexADX=Directional Momentum Index

BSE Sensex (18266.10) and Nifty (5476.10) closed down.0.3% and 0.2% respectively last week.Nifty Future Junewas quoting at 4.75 points discount.Nifty call option June5500 was very active.Support for Sensex is at 17930.Resistance for Sensex is at 18620 .Support for Nifty is at 5400and resistance at 5560..

The India Meteorological Department has predicted anormal monsoon..Sun Pharma,Unitech,Lanco Infra,CentralBank,Hindalco,RCOM,ONGC and BPCL will announcequarterly results next week.

Tata Motors and SBI added Open Interest in June series.Huge position was build up at Tata Motors June CallOption Strike Price 1150.Good build up was also seen at TataSteel June Call Option Strike Price 580.

Strategy for Futures Option players.1)Tata Steel(584.30) Lot Size-500 SharesBuy One Call Option of June Strike Price [email protected] Rs

Sell One Call Option of June Strike Price [email protected].

Premium .Paid=20.70*500=10350.00 Rs.Premium Received=12.15*500= 6075.00 Rs.Net Premium Paid==10350.00-6075.00=4275.00 Rs.Maximum Profit==600-580=20*500=10000-

4275=5725.00 Rs.- Maximum Loss= 4275.00 Rs.Break Even Price=588.552)ICICI Bank(1060.05) Future-Lot Size 250

shares.Buy One Lot June Future @1060.05 RsSell One Call Option of June Strike Price [email protected]

Rs.Premium Received=19*250=4750.00 RsMaximum Profit=1100.00-

1060.05=39.95*250=9987.50+4750.00=14737.50 Rs.Max Loss=Unlimited.

Trading Idea1)Educomp(478.50Buy this stock in decline and trade.2)HPCL(374) Buy this stock in decline and trade

TREND OF MAJOR STOCKSSTOCK TREND NO OF Weekly Monthly

DAYS Trend Trend

BHEL.NS Bulllish 1 Falling RisingICICIBANK.NS Bulllish 2 Falling RisingITC.NS Bulllish 1 Falling RisingTATASTEEL.NS Bulllish 2 Falling FallingTCS.NS Neutral 1 Falling Falling

TO GET SUCCESS IN STOCKMARKET ALWAYS READ TER

STOCK CLOSE MFI-21 RSI-14 ADX-14BHEL.NS 1933 39.63 37.88 33.58

ICICIBANK.NS 1072.7 42.06 53.76 23.18

ITC.NS 189.3 44.77 54.23 14.02

TATASTEEL.NS 584.3 42.77 48.5 23.71

TCS.NS 1141.5 52.58 48 11.48

Last bounce from trendlinesupport, H&S target 4100

Dinu's SAR -Trend and Stop-loss Table for Nifty -Investor Chart trade Beta Trend From Stop Gain

type type % lossDerivative Daily 20 (+1.2) UP 5380 5450* +100Swing trade Weekly 20 (1-1.2) DOWN 5840 5490* +360Short term Bi-weekly 20 (1) DOWN 5810 5530* +330Medium term Monthly 20 (1-0.8) DOWN 5700 5620* +220Mutual Fund Quarterly 10 (-0.8) DOWN 5700 5670* +220Long Term Yearly 10 (-0.8) Neutral 3670 5280/5760** +2210

NIFTY SUTRADINESH ARVIN

PAWAR (THAKUR)M. NO. 09822050949

http://[email protected]

blog site –http://dinuthakur.blogspot.com

(Daily stop-loss + close)/ 2 will give trader next day’s stop-loss and trend for NIFTY.Traders to exit below trigger** and re-enter trend at trigger** or lower level. Reversetrend, if market trades against stop loss for 30 min.*

Nifty - weekly close 5476(5485) – Monday saw weak

opening which continued onTuesday and Wednesday. With

Derivative expiry and shortcovering rollover, marketrallied on Thursday. Rallycontinued on Friday. Weekcloses with loss of 10 point.Market bounce after takingsupport at 20 month oldtrendline. Another shoulder isdeveloping and if thistrendline is broken in nextdown move, target will be4100-4300. As per our Onetwo ka four % formula with5485 high, short term UPtrend stoploss is 5430,


Now out of our 15 different hints for nifty to Trader and Investor, 11 are bearish. Outof 50 NIFTY stocks 37 are trading negative below their mid term supports. 18 NIFTYStocks are below long term support 500 DMA. Reader can see Intraday, EOD technicalchart of Nifty and nse/bse stocks with Mobile Phone on my site http://dinuthakur.blogspot.com – free and first time in India.

Short term Trend and reversal levels for NIFTY stocks are as follows -use it for entry/exit in two steps.

ACC down 1010,1020Ambuja Cem down 140,141Axis Bank down 1290,1310Bajaj Auto down 1320,1350Bharti Airtel up 355,350BHEL down* 2030,2080BPCL up 625,605Cairn down 342,345Cipla down 315,310DLF down* 238,240Dr. Reddy down 1570,1590GAIL down 455,460Grasim down 2300,2400HCL Tech up 500,490HDFC down 670,675HDFC Bank up 2290,2250Hero up 1760,1720Hindalco down 205,210HUL up 295,290ICICI Bank down 1075,1080IDFC down* 145,146Infosys Tech down 2960,3040ITC up 185,174Jindal S&P Down 660,675JPAssociate Down* 88,90

Kotak Bank up 430,420LT up 1630,1610Mah & Mah down 695,705Maruti Down* 1250,1260NTPC Down* 180,183ONGC Down* 290,292PNB down 1120,1140Power Grid up * 99,98Ranbaxy up 480,470RCom Down* 100,102Reliance Down* 970,980RIL Capital Down* 520,570RIL Infra Down* 640,650RPower Down* 124,126SAIL Down* 160,165SBIN Down* 2580,2600Sesa Goa Down* 300,305Siemens up 850,830Sterlite Down* 170,172Sun Pharma up 440,425Tata Motors Down 1150,1170Tata Power Down* 1270,1275Tata Steel Down 595,610TCS Down 1150,1170Wipro Down 450,455

* stock above 500 Daily moving avg

STOCK Trend Trend Reversal STOCK Trend Trend Reversal


THE ECONOMIC REVOLUTIONTHE ECONOMIC REVOLUTIONTHE ECONOMIC REVOLUTIONTHE ECONOMIC REVOLUTIONTHE ECONOMIC REVOLUTION WORLD WIDE READERS MORE THAN 5 LAKHS,

Cont. from Pg. 1Astrology & Stock Market

C A U T I O U S : P l a n e tRAHU & KETU will bechanging the housefrom 6th June 2011.They stay in one housefor 18 months. They aresignaficators forspeculation & trading inStock Market. Manysectors, which were outperforming since last 18months, may startunderperforming now& many new sectorswill start performing.

It is quiet possiblethat sectors which wereprofitable to anindividual uptill nowmay not suitable fortrading / investmentafter the change. It mayalso be possible thattrading in stock marketmay not be favorable /profitable after thechange, depending onits position in individualhoroscope. It issuggested to consultyour financialastrologer to avoidlosses in the market.

Be Cautious,deceptive behavior willcontinue in comingweeks also.

In such likesituation, one shouldtrade only in thosestocks of sectors whichcontinue / regularly getvery strong Astrologicalsupport.

After very long time,SUGAR sector BjajajHind, Balrampur Chinni& Renuka etc havestarted receivingA S T R O L O G I C A Lsupport.

PAINTS sector wouldbe receiving very strongAstrological support.Accumulate AsianPaints, Shalimar Paints,Hard Castle, Camlin &Berger Paints on everydip. Last week, AsianPaints, Berger, Camlin,Hard Castle & ShalimarPaints shot up by 5-40%.

PHARMA sector willbe receiving very strongsupport. Buy Dr Reddy,Devis Lab, Ranbaxy,Biocon, Cipla and Lupinetc on dips.

BANKING Financialsector i.e.; Syndicate,Axis, Canara, Uco,Vijaya & Kotak Bank, LicHousing & Hdfc etc willalso be getting strongAstrological support.

Watches sector willalso be receiving verystrong Astrologicalsupport. Buy Titan onevery decline. Lastweek it went up by 4%.

In such volati lemarket, buying shouldbe done on down days.

Due tou n c o m f o r t a b l ePlanetary position of

Lord RAHU, in INDIA’Shoroscope, disturbingnews flow willcontinue.

New Samvat 2068(Hindu New Year) havestarted from 4th April2011. Whenever NewSamvat starts, based onplanetary position /conjunction & aspectamong planets, somenew sectors commenceout performing & manysectors, which were inmomentum during lastSamvat start underperforming.

It has been observedmany times thatinvestors / traders (notknowing this fact) keepinvesting /trading insuch sectors,( whoseastrological support isover) – resulting inlosses. It is suggested toconsult your FinancialAstrologer to knowabout the sectors.

One should tradeonly in the stocks ofthat sectors which aregetting very strongastrologically support,since the chances oflosing money in suchstocks are very less.

Sectors which getstrong ASTRO supportare not normallyaffected by downfall inthe market.

Cont. from Pg. 1Weekly Review

expected closed abovethe 5400 mark for thisJune Series…

Technically the bargenerated fir the weekis suggest ive a

possible up move or al imited downsidebar…and i f the upmove happens thenthe nest log ica ltechnical target could

be 5564-5537 in daysto come…

From a tradingpoint of view I wouldtrade long as long as5400 holds.

Cont. from Pg. 4Trading Guide

oversold field for nextsession with steadybearish trend. WhereasStochastic is cuttingupward at 41.43 with zigzag movement in highlyoversold situation,which is favorable fornext session.

ACC:-ACC closed at 1000 with less

volume i.e. below 76.4% dayretracement level at 1007 ondaily basis which will act asmajor resistance for short termview. RSI is trying to cut upwardat 29.76, taking support 25.14and MACD is cutting upward innegative field at –20.39 withsteady bearish trend. Which arein over sold situation andfavorable for short term view.Whereas Stochastic is cuttingupward at 81.77. Which isfavorable for next intradaysession.

JINDALSTEL:-Jindal Steel & Power closed at

642 with normal volume i.e.below 61.8% day retracementlevel at 644. RSI is cutting upwardat 38.75 and MACD is cuttingupward at –8.52 with sidewaymovement which is notpredictive for short term view.Whereas Stochastic is cuttingupward at 72.18 with negativediversion in over boughtsituation, which is not favorablefor next intraday session.

Cont. from Pg. 12Hot Cack10) Godrej Consumer (532424) (391.8): Near term, it may touch 423 to

451…

11) SCI (523598) (103.35): In short time it may touch 108 to 116…

12) R Power (532939) (116): In short time it may touch 126 to 136…

13) Alok (521070) (25.15): In short time it may touch 27 to 30…

14) Batliboi (522004) (21.5): In short time it may touch 23 to 27…

15) TTML (532371) (15.25): In short time it may touch 18 to 20..

16) Edelweiss (532922) (33.15): In short time it may touch 36 to 39..

17) Shri Bajrang Alloys (526981) (21.75): In short time it may touch 25 to30..

18) LITL (532778) (33.85): In short time it may touch 36 to 39...

19) J P Power (532627) (48.70): In short time it may touch 53 to 59...

20) Balasor Alloys (513142) (22.30) : In short time it may touch 27 to 32….

21) Riga Sugar (507508) (21.60): In short time it may touch 25 to 30..

22) Competent Auto (531041) (51.05): In short time it may touch 54 to59…

23) Great Offshore (532786) (228): In short time it may touch 253 to 270..

24) KFA (532747) (40.95): In short time it may touch 45 to 50...

25) Hotel Leela (500193) (38.7): In short time it may touch 44 to 48..

26) TFL (532812) (16.80): In short time it may touch 18 to 21..

27) GMR Infra (532754) (34.20): In short time it may touch 37 to 39…

Cont. from Pg. 12Commodity Corner

Up To 59000. AccordingAs Profit Clearly HasBeen RS 90000 Above.Our Last Target Of 59944Can Show Re Again.Silver 5 July FutureCreates On Weekly ChartA Format Of AscendingTriangle In Up Trend WhoGives A Sign OfContinues Bullish TrendOn 55690 If Giving CloseBelow 55690 You CanSee At 53013 WhenGiving Close On MainResistance 58580 SoStrong Bullish Trend CanBe Up To 61444. WeLooking Clearly By ReSearch That Short TermTraders Can Make ProfitIn Lack If They ArrangeThe Trend By Break Out

In Silver In Next Time.NCDEX Gaur

Seed 20 JuneFuture (3230) –

Bul l i sh TrendLooked In Gaur FutureBy Normal BuyingFrom Stockiest. GaurFuture 20 JuneOpened Around 3313Then Gone Low At3270 And Re AgainCreated A Top Level Of3340. Last Week WeSaid Bullish Trend WillBe At 3251 In GaurSame That GaurLooked At Up To 3340Near Our MainResis tance To GiveSupport From There

But Did Not Give CloseOn That Levels I tsNot iceable. GaurFuture 20 June CreateOn Weekly Chart AFormat OfSymmetrical TriangleIn Up Trend Who GivesA Sign Of Show Rate OfUp To 3232 To GivingClose Below 3280. YouCan Invest FormThere. If Cross MainResistance Of 3344And Giving Close On ItSo You Can See 3398.Arrange Your Trend ByBreak Out In GAUR,JEERA, POTATOES In AllThe Agree Packs ForNext Week. You CanEarn Sure Profit.



NAME : NIFTYBUY ABOVE : 5466RES-1 : 5510RES-2 : 5570RES-3 : 5630SELL BELOW : 5466SUP-1 : 5400SUP-2 : 5365SUP-3 : 5250

DR. DIPESH GOHILMo. 9727990980 / 9898595259

[email protected] WEALTH SERVICES

PVT LTD

OUR PERFORMANCESTOCKS REC. HIGH TGT

PRICE /LOWNIFTY 5480 5328 2 TARGET ACHIEV.BANKNIFTY 10660 10330 3 TARGET ACHIEV.CNXIT 6600 6388 2 TARGET ACHIEV.HINDUNILVR 310 296 1 TARGET ACHIEV.ITC 186 190.90 TARGETACHIEVEDHCL 505 517 1 TARGET ACHIEV.

NAME : BANK NIFTYBUY ABOVE : 10660RES-1 : 10720RES-2 : 10810RES-3 : 10900SELL BELOW : 10660SUP-1 : 10537SUP-2 : 10410SUP-3 : 10300

NAME : CNX ITBUY ABOVE : 6524RES-1 : 6638RES-2 : 6750RES-3 : 6836SELL BELOW : 6524SUP-1 : 6442SUP-2 : 6391SUP-3 : 6250

NAME : RANBAXYBUY ABOVE : 512RES-1 : 521RES-2 : 532RES-3 : 546SELL BELOW : 512SUP-1 : 493SUP-2 : 481SUP-3 : 465

NAME : BANK OF BARODABUY ABOVE : 839RES-1 : 852RES-2 : 868RES-3 : 874SELL BELOW : 839SUP-1 : 820SUP-2 : 807SUP-3 : 794

NAME : ABGSHIPYARDBUY ABOVE : 372RES-1 : 383RES-2 : 396RES-3 : 408SELL BELOW : 372SUP-1 : 363SUP-2 : 352SUP-3 : 337

GUJARATI HARD COPY AVAILABLE IN GUJARAT AND MUMBAI

NIFTY VIEWNifty has resistance at 5540 support at 5350. Be

alert around 5520 market is weak with respect toweekly chart. Panic selling possible around 5520, soinvestor or short term trader can book profit aroud5520.

Web :www. stockacademy.co.in

Mobil No. :09820920530

Sanjay Lad(Mumbai)

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NiftySup.5540

SOME STOCKS FORPOSITIONAL BUYING

SCRIPT Sup. S L TGTAdanipower 112 109 120

Apollotyre 68 66 75

Bank of baroda 830 820 870

Bharati art 370 365 385

Federal bk 435 428 455

Herohanda 1840 1820 1900

Lupin 440 430 465

Mundra port 150 148 160

Onmobile 105 103 150

Sbin 2230 2200 2450

PANIK ANDPROFIT

www.janibrothers.comMo. +91 9227067662

NISHESHJANI

STRONG RESISTSTRONG RESISTSTRONG RESISTSTRONG RESISTSTRONG RESISTANCE FOR NIFTANCE FOR NIFTANCE FOR NIFTANCE FOR NIFTANCE FOR NIFTY 6Y 6Y 6Y 6Y 6202202202202202AND SUPPORT ARE 5310-4950-4016AND SUPPORT ARE 5310-4950-4016AND SUPPORT ARE 5310-4950-4016AND SUPPORT ARE 5310-4950-4016AND SUPPORT ARE 5310-4950-4016

In the last two daysof the week we haveseen good recovery.

Going forward therewi l l be importantresistance at 5525 for

nifty and 18500 forsensex.

Going forward niftyhas good support at5300 and if nifty close3 consecutive plusweekly close below5300 then it wi l lconfirm head andshoulder pattern and

will see fall up to 4000before April 2012

On rise short termtrader can sel l withstop loss 5525 ( last

week call made low of5328 against target of5310)

While medium termtrader can sel l withstop loss 5950 fortarget 4950,

And long termtrader can sel l withstop loss 6202 for

target 4016.Trader note that

nifty levels are spot-cash levels so tradeaccording to this.

For short tomedium term traderbelow are good pick

TITANOn declines buy with

stop loss of 3860CAMLINOn declines buy with

stop loss 71GRAVITAOn declines buy with

stop loss 340INDECTCIDBuy on declines with

stop loss 277PETRONET LNGBuy above 135 only

HIND ZINCBuy above 138 onlyDisclaimer : While

due care has beentaken in preparing theabove Analysis, noresponsibility can be oris assumed for anyconsequences resultingout of acting on it.


THE ECONOMIC REVOLUTIONTHE ECONOMIC REVOLUTIONTHE ECONOMIC REVOLUTIONTHE ECONOMIC REVOLUTIONTHE ECONOMIC REVOLUTION VISIT : www.theeconomicrevolution.com for latest infromation

COMMODITYCORNER

E-mail:[email protected]

Mo.: + 91 8000 797681

ASHISHK

NAYAK

STRSTRSTRSTRSTRONG BONG BONG BONG BONG BULLISH ULLISH ULLISH ULLISH ULLISH TREND CAN BE IN GOLDTREND CAN BE IN GOLDTREND CAN BE IN GOLDTREND CAN BE IN GOLDTREND CAN BE IN GOLDAND SILAND SILAND SILAND SILAND SILVER FRVER FRVER FRVER FRVER FROM SUPPOROM SUPPOROM SUPPOROM SUPPOROM SUPPORT RAT RAT RAT RAT RATESTESTESTESTES

BOTH SIDEMOVEMENT WILL

BE IN COPPER,NICKEL,

NATURAL GASAND GAUR.

Fear To SlowEconomic Growth,Starting Strong Trend OfDollar And ExpectationOf Not Any Pressure WillIn Crude Demand AfterPrices Hikes So NYMEXCrude Oil Has BeenBullish. NYMEX Crude OilHas Been Weekly Bullish.Some Weakness LookedIn NYMEX Crude Oil By

Starting Strong DollarBut Some Weakness InDollar Has Been AroundResistance So Re AgainCrude Oil Achieved APsychological Level Of100 $. NYMEX Crude OilOpened Around 99 $Starting Of Week Then ItCreated 97 $ Low LevelThen Re Again CreatedTop Level Of 101 $. Last

Week We Said ClearlyThe Bullish Trend WillContinue At 94.44 $ InNYMEX Crude Oil SameDid Not Break 94.44 $When Cross MainResistance Of 101.31 $But Did Not Give CloseOn It. NYMEX Crude OilCreated On Weekly Chart

A Format Of AscendingTriangle In Up Trend ToGive A Sign Of BullishTrend On 98.70 $. WhenGive Close Under 98.70$ So Reduction Can Be At95.44 $. When Cross101.71 $ And Give CloseOn It So You Can SeeBullish Trend Of 105.33$. It Can Be Possible ABullish Trend In MCX

Crude Oil From SupportRates. Last Week WeSaid Clearly That BullishTrend Will Be After CrossResistance Of 4555 20June In MCX Crude Oil ItAlso Shown Top Level OfUp to 4633 But Din NotBreak Main Support.Arrange Your TrendBreak Out In MCXCOPPER For Next Time.

Last Week We SaidClearly That You Will Se414 On 408. SameHappened. When GivingClose On 414 So BullishTrend Will Be ContinueBut Did Not Give In It SoLow Level Looked Up To397. We Looking ByResearch If You Arrange

Your Trading Break Out InCOPPER So You Can Earn10 To 20 Rupees NextWeek. We Also LookingSome Earning In NICKELIn Crude Oil

MCX GOLD 5August Future (

22762)Starting Strong Dollar

Has Been Weak FromHigh Level And BullishTrend In NYMEX CrudeOil From Support Rate SoAttractive ImprovementLooked In GOLD. ComexGold Opened At 1527Dollar Per Ounce BelowLooked At 1515 $ And ReAgain Looked At TopLevel Of 1535 $. MCXGold 4 June FutureOpened Around 21909Below Looked At 21809And Re Again BullishTrend Has Been 22500.Last Week We SaidClearly Bullish Trend WillContinue At 21778 InGold When To Cross

Main Resistance 22280And Give Close On It SoYou Can See 22500. Gold

5 August Future CreatesOn Weekly Chart AFormat Of Falling WidthIn Up Trend Who Gives ASign Of Continue BullishTrend On 22370. WhenGiving Close Below22370 So You Can Show22000 You Can Believe

Investment Zone From

There. If Cross MainResistance Of 22840 So

You Can Also See 23118By Fast Bullish Trend.Indefinite Movement OfStock Market Can BeEffectible For GoldImprovement. WeLooking By Re Search YouCan Earn 100 RS Easily ToMake A Buying Position

In Gold By Support Rates

With Small SL.MCX SILVER 5

July Future(57465)

Silver Bearish TrendStopped At Last WeekWho Continue From LastOne Month. SomeBullish Trend Looked InPrecisions Metals SilverFrom Support Rates ByIndefinite Trend OfGlobal Market. Comex

Silver Opened Around37.82 $ Then Create HighLevel Of 39 $ Its ShownAlso Low Level Of 36.70.Comex Silver Cross ItsMain Resistance Of 38 $After Long Time. ComexSilver Creates On Weekly

Chart A Format OfInverted Head AndShoulders As A ReversalIn Up Trend Who Gives ASign Of Continues BullishTrend On Main Support35.88 $ If Giving CloseBelow 35.88 $ So RateCan Be At 34 $ When ToCross Main Resistance39.08 $ And Giving CloseOn It So It Will Looked At41.86 $. MCX Silver 5 JulyFuture Opened Around53301 When CreatedHigh Level Of 59000 AndRe Again Making TrendAround 58000 Last WeekWe Said Clearly If SilverCross 55270 And GiveClose On It So You CanSee Strong Bullish Trend



THE ECONOMIC REVOLUTIONTHE ECONOMIC REVOLUTIONTHE ECONOMIC REVOLUTIONTHE ECONOMIC REVOLUTIONTHE ECONOMIC REVOLUTION THE KEY OF SUCCESS IN STOCKMARKET TER

Cont. from Pg. 9Nifty Sutra

midterm UP trendstoploss is at 5375 andwith 5325 low, long termDOWN trend stoploss at5545. Modify all stoplosses with markethitting new high or low.

For Next week – Thisweek market tradingrange will be between5180 – 5780, i.e. trendpoint of 5480 (add/cut

25% of weekly high/lowto update trend pointduring week), andweekly range with +/-300. 20, 50, 100, 200days EMA levels for Niftyare at 5500(-50), 5580(-30), 5620(-30), 5600(-10). Traders to exit theirlong position atrespective trigger levelsin fall. Re-enter trade

again later at trigger orlower level. Thus Triggerhelped us to protect,maximize profit and holdposition. NIFTY trend andits beginning as per 20 SMAline direction on differentcharts are as follows:- 30minute – UP, 5350; 90minute – UP, 5400; Daily –DOWN, 5800; Weekly –DOWN, 5600.

world indices weekly levels 27th may / 3rd june 2011index go entry targets stoplossdow jones index short 12390 12310/230/150/070 12450

long 12450 12540/630/720 12390nasdaq composit short 2795 2765/35/05 2825

long 2825 2855/85/915/45 2795s&p 500 short 1334 1324/14/04/1294 1344

long 1344 1354/64/74 1334FTSE short 5920 5870/820/770/720 5970

long 5970 6020/70/120 5920nikkei 225 short 9540 9460/380/300 9620

long 9620 9700/780/860/940 9540australia ordinary short 4730 4670/15/4555 4785

long 4785 4845/900/960 4730hang seng short 23100 22850/600/350/100 23350

long 23350 23600/850/24100 23100shanghai composit short 2704 2668/32 2722

long 2740 2776/2812/48 2722

Posn Trading Lvls Date 30th may / 3rd june 2011Index go entry targets stoplossBSE SENSEX short 18250 18100/17950/800/650 18400

long 18400 18550/700/850/19000 18250BSE Auto Index short 9300 x 9360

long 9360 x 9300BSE Capital goods short 12980 x 13090

long 13090 x 12980BSE FMCG index short 3790 x 3820

long 3820 x 3790BSE Health index short 6150 x 6195

long 6195 x 6150BSE Metal index short 15170 x 15310

long 15310 x 15170BSE Oil & Gas index short 9560 x 9630

long 9630 x 9560BSE PSU index short 8415 x 8500

long 8500 x 8415BSE Realty index short 2080 x 2108

long 2108 x 2080

World indices

comodities

BSE Indices

ALL RATES IN US DOLLARS

COMMODITY WEEKLY LEVELS 9TH / 13TH MAY 2011 UNIT

TYPE GO ENTRY TARGETS STOPLOSS

GOLD SHORT 1488 1479/70/61/52/43/34 1506 TROYOUNCE

LONG 1506 1515/24/33/42 1488SILVER SHORT 35.38 34.71/34.03/33.36/32.68/32.01/31.33 35.72TROY OUNCE

LONG 36.06 36.73/37.41/38.08/38.76/39.43 35.72CRUDE SHORT 97.6 94.8/92/89.2 99 BARREL

LONG 100.4 103.2/06/08.8 99COPPER SHORT 3.95 3.91/3.87/3.83/3.79/3.75 3.995 POUND

LONG 4.04 4.08/4.12/4.16.4.2 4.00NATURAL GAS SHORT 4.23 4.15/4.07/3.99 4.31 MMBTU

LONG 4.31 4.39/4.47/4.55 4.23SUGAR SHORT 580 469/58/47/36 586 TONNE

LONG 586 597/608 580

We saw a nicerounding bottomformation last weekwith midweek lowforming a bottom. I willexpect another 200/250sensex point rally incoming few days.

It looks like thedistribution is now overand we can see firstsigns of new long build-up. Next week will tell

us whether this longbuid-up has strong legsor clay feet.

Moneyflow figuresare still not positive butwe are inching towardsZERO. SBI is biggest dragon indices and we needto see some strength inthe counter if we wantto even see 5,600 onnifty. Reliance isshowing some strength

but that may not beenough unless counteris able to cross 1,000effectively.

A n o t h e rh e a v y w e i g h tTatamotors is now likelyto slide further asdomestic figures areterribly disappointingand April JLR numberswere also not exciting.


Madhav Ranade(M) 09371002943 or

email :[email protected]

Trading levels 30thMay / 3rd June 2011

magnitude. If weconsider the minimumtargets of the correctionin index points, a declineto at least 17,189,16,758 or 16,118 ispossible. The Sensex didmove close to the firsttarget when it recordedthe trough of 17,296 inFebruary this year.Subsequent movementof the index howevershows that thecorrection has not endedthere but can extend forsome more time.Reversal from either ofthe above levels willmake the benchmarkmove in a wide tradingband for the rest of theyear. Investors need tostart worrying only on aclose below 16,000.

For the medium-term, the third leg of thecorrection from 21,108is currently unfolding.This wave has the targetsof 17,761 and 16,493.Since the index hasalmost achieved the firsttarget, a bottom ispossible here. But weneed to see themovement next week tobe sure on that point.

The mood turned atrifle optimistic over thelast two sessions.Continuation of this rallycan take the index higherto 18,344 and then18,689. Failure to movebeyond 18,340 will dragthe index down to17,786, 17,739 or 17,395in the near term.

Nifty (5,476.3)The Nifty too went on

a roller-coaster ride lastweek before ending on asedate note with just 10points loss. It is nowcertain that the C waveof the flat formationfrom the peak of 6,338 iscurrently unfolding. Aswe have beenreiterating, this wave hasthe targets of 5,332 and4,954. The indexachieved the first targetlast week.

The strength in thepull-back next week willdetermine if the wavewill end at the firstmedium-term target orthe second. If the pull-back fizzles out below5,565, it will mean thatthe wave can extendtowards 4,954 over theensuing weeks. Howevera move above 5,565 willtake the index higher to5,636 or even 5,709.Move above 5,709 isneeded to make themedium-term trendneutral again.

For the week ahead,the index will faceimmediate resistance at5,500. Fresh longpositions are advisedonly on a move abovethis level. Subsequenttarget is 5,605. Howeverfailure to move above5,500 will mean that theindex can decline to5,329 or 5,224.

Global CuesGlobal equity

markets began the weekon a wobbly note butthey soon recovered toend with slight losses.The volatility index thatspiked to 20 at the outsetof the week declinedbelow 15 as stocksstabilised and evenetched some gains. Itwas mainly the Europeanstocks that were bruisedin last week’s trade. DJEuro STOXX 50 declinedto intra-week low of2,778 before ending aper cent lower.

The Dow declined tothe low of 12,331 onMonday but stabilisedthereafter and movedsideways between12,300 and 12,500. Theshort-term outlookremains positive as longas the index holds abovethese levels. Medium-term trend will turnnegative only on a closebelow 11,640. But thefact that the index isattempting to hold closeto its 50-DMA means thatit can reverse fromcurrent levels to rally to12,876 again. Nextmedium-term target is13,130.

Commodity heavyequity markets such asBrazil and Russia did welllast week as commodityprices spiked higher againon a weakening dollar. Itwas the ShanghaiComposite Index thatwas the major loser lastweek, down 5 per cent,on worries of furthermonetary tightening bythe Chinese authorities

Cont. from Pg. 15Market Preview


THE ECONOMIC REVOLUTIONTHE ECONOMIC REVOLUTIONTHE ECONOMIC REVOLUTIONTHE ECONOMIC REVOLUTIONTHE ECONOMIC REVOLUTION WELKNOWN ANALYSTS WRITERS FROM DIFFERENT PART OF COUNTRY

BEARISH TREND INSENSEX BELOW 18580

Mix Sign From GlobalMarkets, Strength OfDollar, End Of MayFuture Series WhenStarting Of June So LastWeek Indian StockMarket Has Been BullishBy Some Buying AndSome Short CoveringFrom Support. LastWeek We Said That

Bullish Trend WillContinue On 17771 InSENSEX And SameSENSEX Looked At18300 To Take StrongSupport Of 17771.SENSEX Create OnWeekly Chart A FormatOf Bull Flag In Up TrendWho Gives A Sign Of

Bearish Trend Below18580 When GivingClose On 18580 So YouCan See Bullish Trend UpTo 18917. You Can AlsoSee 17210 To Break17770 In SENSEX AndGiving Close In It.Traders And Investors

Can Arrange Trend ByBreak Out.

NIFTYTECHNICALLS

(5476.10)Nifty Create On

Weekly Chart A FormatOf Symmetrical TriangleIn Up Trend Who Gives

A Sign Of Selling At EveryHigh Up To Nifty NotCross Its Nearest MainResistance When ToCross Its One MainResistance And GivingClose On It So You CanEarn 100 Points More. IfNifty Break Its One MainSupport And Give Close

In It So Give Sign Of 200Points More Reduction.You Can Make SellPosition In Nifty AroundResistance With Strict SLFor Next Week. Don’tSell Around Support.

Last Week We SaidDon’t Stand In BearishTrend If NIFTY Give Close

It’s One Main ResistanceMeans 5375 Same ThatNIFTY Has Been 225Points Up With 5600Bullish Trend To Cross5375. Weekly ChartCreate SymmetricalTriangle In Up TrendFormat Who Gives A

Sign Of Bullish Trend It’sOne Definite Support. IfNIFTY Give Close InSupport Level So ReAgain Will Show OldBearish Trend Level.Next Time It’s AdvisableFor Investors Be Ware ToWatch Some InnerFactors Than Invest.

MEDIUM TOLONG TERM

ROCKING CALLDISHMAN

PHARMA (BSECODE 532526)

(119.50)Located At

Ahemdabad (Gujarat)And The Company GivesIt’s Different Service ForP h a r m a c e u t i c a lBusiness And Act AsGlobal OutsourcingPartners For Top WorldClass Companies.Company Also Offer AService Of PortfolioProducts, DevelopmentScale Up AndM a n u f a c t u r i n g .Company Also Work InContracts Research OnNew Patent ProductsAnd Company DoesContract Research OfGeneric Medicine To SellIn Regulatory Market.Trial Product Also Supply

By Dishman Pharma.Company Did Long TermSupply Contract ForSupply Of AIP AndIntermediate InAdditional To CompanyHave Production AndMarketing Of OwnManiacal, API

Intermediate. CompanyStared A New Oncology

API Production Unit AtBawla (Gujarat) LastYear. This Unit Set Up ByDishman UnderCompany CarbagenAmsis AG Technical

Team (Switzerland). TheCompany ConcentrateOn Class-3 And Class-4By Swees Under

Company And New Unit.When Majority IndianCompanies ConcentrateJust On Class 1-2Product.

Stock Recent BookValue Rs 75.68 WhenFace Value Is Rs 2/-.Stock Recent PE Ratio Is

17.55 % Who Is BelowFrom Industrial PE Ratio

25.66 %. CompanyShows 6.56 % EPS ForCurrent T ime WhenCompany Also Gives 60% Above Dividend.Same That We

Recommended FORTIS(Date 17-1-2011) WhoGiven 16 % AboveReturn From This Bad

Situation Of MarketWith Good Bullish TrendFrom Rs 130 To 151.Well ORCHID ChemicalGiven Good ReturnFrom Rs 197 To Rs 340And Lincoln PharmaAlso Given Good ReturnFrom Rs 33 To Rs 51With Good BullishTrend. Our RegularReaders Know That VeryNicely. Now Fortis CanGive You 40 % AboveReturn If It Give CloseIt ’s One MainResistance. TheCompany Just InvestedRs 110 Cr To Stand UpDishman API In ChinaWho Attractive In Soon.Some Company LikeNovartis, AstrazenacaAnd Johnson & JohnsonAre Interested To GetAPI From China. TheCompany Have Target OfRs 300 Cr ForInvestment. TheCompany Yearly ResultAre Medium When

Quarterly Result Are Rs6.30 Cr Net Profit And Rs19.65 Cr OperatingProfit On Selling Rs86.59 Cr In SeptemberWho Was In June Rs

9.60 Cr Net Profit And Rs22.45 Cr OperatingProfit On Selling Rs



THE ECONOMIC REVOLUTIONTHE ECONOMIC REVOLUTIONTHE ECONOMIC REVOLUTIONTHE ECONOMIC REVOLUTIONTHE ECONOMIC REVOLUTION EVERYTHING IN STOCKMARKET, ALWAYS WITH INVESTORS

Index Outlook : Testing the 18,000 support,Slowly market moving up upside…

MARKETPREVIEW

E-mail : [email protected].: + 91 09892145335

RajeshKothari

FCCB woes come back to hunt India Inc again

The stock of BPOplayer FirstsourceSolutions, trading at Rs17, has to increase four-fold to Rs 92 before end2012, for its FCCBs to beconverted into equity. Ifnot, the company has toshell out cash to redeemthe FCCBs which stood, asof March 2010, at $212million (Rs 950 crore).There are others.

An analysis of asample of companiesshows that thesecompanies may eitherhave to roll over thesebonds by offering moreshares (at a lower pricefor each) or find cash tothe tune of Rs 12,000crore to redeem them.

Indian corporates mayhave postponed theirFCCB woes by resettingthe prices during thedownturn, but testingtimes are back again withmaturity fastapproaching in 2012.

According to datafrom Bloomberg , FCCBsraised by more than 100companies are due formaturity between nowand end 2012.

Deep discountThe list includes

names such as RelianceC o m m u n i c a t i o n s ,Jaiprakash Associates,Financial Technologiesand Educomp Solutions.The key worry for thesecompanies is that theirstocks are currently at adeep discount to theirconversion prices.

R e l i a n c eCommunications’ marketprice for instance is 88per cent below itsconversion price, whileJaiprakash Associates’stock price is at half thesupposed conversionvalue. If the FCCBs are notconverted by the holders,the companies wouldhave to repay the debt onmaturity, entailing hugecash outflows. Any freshborrowing to enable thisrepayment may also costhigher given the currentinterest rate scenario.

In all, $9 billion (Rs40,000 crore), worth ofFCCB issuances fall duefor maturity in the next19 months. However,quite a few of these couldhave been converted intoequity if their marketprices had been higher atany time in the recentpast. FCCBs of Adani

Enterprises for examplewere partly convertedwhen its market pricewas ruling high in 2010.

According to a reportfrom rating and researchagency Crisil, only around25-30 per cent of theoutstanding FCCBs (invalue terms) in the CNX500 universe are likely toget converted into equity.The report states thataround 60 per cent ofthese FCCBs in terms ofvalue belong tocompanies from themetals and automobilesectors.

Restructured bondsFCCB was the

favourite fund raisinginstrument of listedcompanies during 2005-07 thanks to zero couponrates available then. Theconversion rates fixedthough became a distanttarget post themeltdown.

Quite a fewcompanies therefore,used the reset windowmade available in 2010 tolower the conversionprices. A few others alsorestructured the bondterms, issuing freshFCCBs with extended

maturity and highercoupon rate. Tata Steelfor instance resorted tosuch an option inNovember 2009.

However, thesestrategies would typicallyresult in higher equitydilution, if the bonds areconverted.

Companies such asSuzlon Energy, GeetanjaliGems, KEI Industries, andSubex had restructuredtheir conversion pricesfor FCCBs falling due in2011 and 2012. Somecompanies did not resortto this move fearingsharp dilution in equity.R e l i a n c eCommunications is anexample.

Not resorting torestructuring leaves littlechoice but to redeem thebonds. Companies suchas RelianceCommunication, AbanOffshore, Ranbaxy, IndiaCements, Jubilant LifeSciences and HindustanConstruction for instancechose to redeem FCCBsthat were up for maturityin the first five months of2011 given that theconversion price was wayabove market price.Continue on ......13

It was a somnolentweek on the stockmarket and stocks didnot seem to be goinganywhere in particular.There was a flutter ofworry on Wednesday asthe Sensex closed below

the psychologicalsupport at 18,000. Butshort sellers scramblingto square their positionson the derivative expiryday helped the Sensexclamber above this levelonce again.

Anyone who hadbeen away on a week’sholiday from stockmarket would havemissed very little sincethe benchmark closedthe week on a flat note.It was mainly the goings-on in Europe thatdictated our marketmovement while stockscontinued to react totheir earningsannouncements.

FIIs were blowing hotand cold, net buyers insome sessions and netsellers in othersreflecting no particulartrend in their mood.Cash volumes were verylow. Derivative volumepeaked on the expiryday. May derivativeseries expired peacefullybarring the sudden spurtin the last hour of tradingon Thursday. June serieshas opened extremelylight with open interestdropping below Rs 1 lakhcrore.

We have a doji with along lower shadow in theweekly Sensex chart.This formation is called a

hanging man when itappears at the marketpeak and a hammerwhen it appears close toa bottom. The name saysit all as far as theinterpretation of theseformations goes. Since

the Sensex hit the intra-week low of 17,786,which is close to our firstmedium-term target of17,761, let us give theindex some rope andtake it as a bullishhammer formation. Aswith most candlestickformations, the actionnext week, needs tocorroborate theinference drawn fromthis week’s candle.

The oscillators in themonthly chart are stillhovering in the neutralregion but they aredipping lower again.Another leg of thedecline will take theseoscillators to thenegative territoryheralding the onset of along-term downtrend.

Let us step back andlook at the long-termpicture briefly. A fresh legof the structural up-trend is in motion sincethe March 2009 low of8,047. One leg of thisuptrend ended at 21,108in November last year.The correction from thispeak has now lastedalmost six months thusqualifying as a correctionof the previous up-trendfrom 2009.

It is possible that theindex corrects time-wisebut not entirely in


THE ECONOMIC REVOLUTIONTHE ECONOMIC REVOLUTIONTHE ECONOMIC REVOLUTIONTHE ECONOMIC REVOLUTIONTHE ECONOMIC REVOLUTION WANT SUCCESS IN STOCKMARKET, READ THE ECONOMIC REVOLUTION

1) DIVIS LAB ( 750.00):- In this scrip near termsupport at 743 and buywith the stop loss of 735on the upper side firsttarget is 758 then Rs. 766- 775 to 784

2) REL( 557.15 ) :- Inthis scrip near termsupport at 548 and buywith the stop loss of 541on the upper side firsttarget is 568 then Rs.576 – 588 to 596 .

3) ULTRATECH (1032.30 ) :- In this scripnear term support at1026 and buy with thestop loss of 1025 on theupper side first target is1039 then Rs. 1057 -1070

to 1081.4) MARUTI ( 1215.80)

:- In this scrip near termsupport at 1206 and buywith the stop loss of1197 on the upper sidefirst target is 1224 thenRs. 1233 - 1245 to1262.

5) TCS ( 1141.45 ) :-In this scrip near termsupport at 1136 and buywith the stop loss of1127 on the upper sidefirst target is 1148 thenRs. 1154 - 1162 to 1171.

6) BHEL ( 1936.00 ) :-In this scrip near termsupport at 1928 and buywith the stop loss of1912 on the upper sidefirst target is 1942 thenRs. 1960 - 1984 to 2012 .

7)BAJAJ AUTO (1314.30 ) :- In this scripnear term support at1303 and buy with thestop loss of 1292 on theupper side first target is

1322 then Rs. 1335 –1348 to 1356 .

8) PNB ( 1077.45 ) :-In this scrip near termsupport at 1069 and buywith the stop loss of1057 on the upper sidefirst target is 1084 thenRs. 1092 - 1104 to 1117

9)ABAN ( 560.90 ) :-In this scrip near termsupport at 553 and buywith the stop loss of 547on the upper side firsttarget is 567 then Rs.575 - 584 to 593.

10) BOI ( 432.35 ) :-In this scrip near termsupport at 427 and buywith the stop loss of 421on the upper side firsttarget is 438 then Rs. 444- 451 to 457 .

11) INFOSYS ( 2787.95) :- In this scrip near termsupport at 2778 and buywith the stop loss of2765 on the upper sidefirst target is 2796 thenRs. 2811 - 2826 to 2843.

1 2 ) T A T APOWER (

1206.10 ) :- Inthis scrip

near termsupport

a t

1201 and buy with the stoploss of 1194 on the upperside first target is 1217 henRs. 1225 - 1234 to 1241.

13) WIPRO ( 440.60) :-In this scrip near termsupport at 435 and buy withthe stop loss of 427 on theupper side first target is 446hen Rs. 451 - 457 to 464.

GoGoGoGoGovind Rvind Rvind Rvind Rvind Rubububububber net prber net prber net prber net prber net profofofofofit risesit risesit risesit risesit rises89.66% in the Mar89.66% in the Mar89.66% in the Mar89.66% in the Mar89.66% in the Marccccch 2011 quarh 2011 quarh 2011 quarh 2011 quarh 2011 quarterterterterter

Net profit of GovindRubber rose 89.66% toRs 1.65 crore in the quar-ter ended March 2011 asagainst Rs 0.87 crore dur-ing the previous quarterended March 2010. Salesrose 21.68% to Rs 100.17crore in the quarter

ended March 2011 asagainst Rs 82.32 croreduring the previousquarter ended March2010.

For the audited fullyear, net profit rose55.05% to Rs 5.07 crorein the year ended March

2011 as against Rs 3.27crore during the previousyear ended March 2010.Sales rose 17.49% to Rs337.56 crore in the yearended March 2011 asagainst Rs 287.31 croreduring the previous yearended March 2010.

Cont. from Pg. 14Rocking Tips maker

71.21 Cr.TECHNICALL

CHART (DISHMANPHARMA)

End Of Week And OnWeekly Chart The StockCreate A Format OfSymmetrical Triangle InDown Trend Who Gives ASign Of Little WeaknessFor Short Term. Monthly

Chart Create A RectangleTriangle In Down TrendFormat Who Gives A SignOf Investment ForMedium To Long TermDuring Two MainSupports. Long TermChart Create Head AndShoulder As A Reversal InUp Trend Who Gives ASign Of Long Term BullishTrend From It’s One Main

Resistance. ResearchingTo Chart You Can Get 50% Above Return InMedium Term To GiveClose It’s One MainResistance. Well, NextTime You Can See StrongBullish Trend In Some LowValuation Golden Stocks.Long Term Investors CanInvest Territory At EveryDecline.

Cont. from Pg. 13Trading Level

I expect coming weekto be a mild up-week butI will be watching thespecific stock action thisweek very closely as itcould give us guidance forthe rest of June.

The large corporateshave not really surprisedon the upside in theirannual / 4th quarterresults and now theanalysts will be workingon downgrading FY 12earning projections. Ihave been anticipatingthis for some time and

warning you about thiseventuality.

Keep watching myw e b s i t ewww.sumamura.comclosely for further inputs.You need to register andlogin to see modulessection where all thelevels for differenttimeframes are shown.

My website hasbecome paid websitefrom 4th April 2011. I amcurrently offering veryattractive inaugural rates.

You can view all 8

modules for as little as30,000 rupees for thewhole year.

Please call me on9371002943 for moredetails.

Please rememberCAPITAL is always scarceand needs to berespected.

I am available onyahoo messenger onmost of the trading daysand you can add me onyour yahoo messenger.My yahoo id ismadhavranade1

CRISIL has assigned an IPO Grade 1 to TimborHome IPO. This means as per CRISIL, companyhas 'Poor Fundamentals'. CRISIL assigns IPOgrading on a scale of 5 to 1, with Grade 5 indicat-ing strong fundamentals and Grade 1 indicatingpoor fundamentals

CREDIT RATING GRADE

1. Purchase of Machinery;2. Establishment of new stores across India;3. Additional working capital requirements;4. Public Issue Expenses;5. General Corporate Purpose;6. To list shares of the company.

OBJECTS OF THE ISSUE:

31-03-10 31-12-10TOTAL INCOME 51.09 55.08PAT 1.78 3.06*EPS 3.07 3.07

FINANCIALSRS IN CRORES

promoters holding. FINANCIAL,VALUATION

AND RECOM-MENDATIONS:

According toCRISIL, the secondl ine management ,internal process andcontrol are weak.The company hasreported a turn overof Rs 55cr for the 9months period endingDec2010. Out ofthis, the debtors out-standing are Rs 37cr.The figures for thecorresponding periodare Rs 51cr and Rs19cr respectively. It

is 'manufactured' inview of the IPO envis-

aged. Thecompany hasnot made anyprovisions fortaxes, for thelatest period.The hidden

object of the issue itappears is to provide

an exit route to theearly investors. Thecompany, post issuewill have equity of Rs14.75cr. It will be dif-ficult to service theequity, with the kindof margins and thebusiness model pur-sued. AVOID THEIPO.

Cont. from Pg. 17IPO

appears that the turnover for the latest period

SOUTHWEST MONSOON SETS INOVER KERALA

PTI | 06:05 PM,May 29,2011Thiruvananthapuram,May 29 (PTI) South-west monsoon set inover Kerala bringingcopious rains in sev-eral parts of the statetoday, the India Me-teorological Depart-ment said. All the ma-jor parameters showedthe onset of SW mon-soon over Kerala andcondi t ions werefavourable for its fur-

ther advance into re-maining parts of Ara-bian sea and someparts of Karnataka andTamil Nadu in the nexttwo to three days, theIMD station here said.The arrival of mon-soon, which lasts tillSeptember, a lmostmatched IMD's fore-cast of its onset be-tween May 27 andJune 4, station directorK Santhosh said. More

than 60 per cent of rainmonitoring stations inKerala registered rain-fall in the last 24 hoursending at 0820 hrs.Flow of wind f romwestern direction andpersistent clouds overthe Arabian Sea,Kerala Coast and overthe Lakshadweep is-lands were some con-ditions that favouredthe onset of the mon-soon, the official said.



I P OI P OI P O

DO NOT APPLY, WILL LOSSYOUR HARD MONEY

THE KEY OF SUCCESS IN STOCKMARKET TER

ICRA has assigned an IPO Grade 1 to VMSIndustries IPO. This means as per ICRA, companyhas 'Poor Fundamentals'. ICRA assigns IPOgrading on a scale of 5 to 1, with Grade 5 indicat-ing strong fundamentals and Grade 1 indicatingpoor fundamentals.

CREDIT RATING GRADE

VMS INDUSTRIES LTDIssue Open: May 30, 2011 to Jun 02, 2011

Issue Type: Book built issueIssue Size : Rs. 25.75 CroreFace value of the share: Rs.10Offer price : Rs. 36 - Rs. 40 Per Equity ShareMinimum Shares : 160Manimum Subscription : ---Rs.6,400Miximum Shares : 4960Maximum Subscription : Rs. 19847200Promoter : 1. Mr. Ajit Kumar Jain,

2. Mr. Manoj Kumar Jain,3. Mrs. Sangeeta Jain,

Registered Office :2nd Floor Jain House,Opp. Vitthalwadi,Bhavnagar - 364003, Gujarat, IndiaPhone: 91-278-2432371Fax: 91-278-2428352

Email: [email protected]: http://www.vmsil.com

Registrar Cameo Corporate Services Ltd.,Subramanian Building # 1,Club House Road,Chennai 600 002 - IndiaPhone: +91-44-28460390Fax: +91-44-28460129Email: [email protected]

Website: http://www.cameoindia.com Lead Managers:

Ashika Capital LtdListing : BSE

VMS INDUSTRIESLTD

Incorporated in 1991,VMS Industries Ltd on itsincorporation started thebusiness activity in the na-ture of providing differentkinds of financial and con-sulting services and lateron diversified into the shiprecycling and off-shoreactivities.

VMS Industries has anintegrated yard for ship re-cycling of ships and off-

shore business support ac-tivities, catering to custom-ers in India and overseas.Currently the companymainly consists of twobusiness segments:

1. Ship Recycling Ac-tivities;

2. Offshore SupportBusiness Activities.

RISK FACTORE1. IPO grade 1 by ICRA.2. Moderate scale of op-eration, profit margin.3 . The company hasvery limited experiencein ship recycling.

4. Listing only at BSE.5. Negative cash flow inFY10 and FY11.6. Related party transac-t ions in the las t twoyears.7. Project not appraisedby banks / FI.

FINANCIAL,VALUATIONAND RECOMMEN-

DATIONS:Poor quality IPO. Theshares are not wortheven at face value. More

over, this segment is notfancied in the stock mar-ket. The shares of com-parable companies likeInducto Steel andHariyana Ship Breakersare available at 4PE. Al-though the revenue hasjumped by 300% in FY2011, the PAT has comedown, compared to theprevious year. This is anindicat ion of decl ingmargin and the level ofcompetition. STAY AWAY FROMTHE IPO.

1. Purchase of Machineries to be installed at existingShip Recycling Plot;2. Setting up of Corporate Office at Ahmedabad;3. Meeting Long-term Working Capital Requirement;4. Meeting the Issue Expenses.

OBJECTS OF THE ISSUE:

POST LISTING IN-VESTORS MAY GET

MORE SHARES IN THE

The issue is being managed by AshikaCapital, the BRLM who were associatedwith Tirupati Inks and Vaswani Indus-tries. The Vaswani IPO is yet to be listedin the exchanges. SEBI has ordered aprobe into the alleged irregularities /withdrawal of applications by 3000 in-vestors after closer of the IPO. In allprobability the IPO may get the axe ofSEBI and may return the money to theinvestors, apart from penalizing the in-termediaries for wrong doing. Now haveone poor quality IPO from the sameBRLM.

31-03-10 31-12-10TOTAL INCOME 36.09 102.00PAT 2.61 2.50EPS (Rs) 2.77 2.49

FINANCIALSRS IN CRORES

AMOUNT OF AP-PLICATION FOR

EVERY ONEBOUGHT.

TIMBOR HOME LIMITEDIssue Open: May 30, 2011 to Jun 02, 2011

Issue Type: Book built issueIssue Size : 3,690,000

Rs. 19.93 - 23.25 CroreFace value of the share: Rs.10Offer price : Rs. 54 - Rs. 63 Per Equity ShareMinimum Shares : 100Manimum Subscription : ---Rs.6,300Miximum Shares : 3100Maximum Subscription : Rs. 195300Promoter : 1. Mr. Anant Sureshchandra Maloo

2. Mr. Manan Vidhyapati Patel3. Mr. Abhijeet Dwarkadas Daga4. M/s. Maloo Building MaterialPrivate Limited

Registered Office :A-2, Harikrupa Apartment,Near Naranpura Railway Crossing,Naranpura, Ahmedabad,Gujarat – 380 013Phone: +91 79 2756 0537Fax: +91 79 2755 2596Email: [email protected]

Website: http://www.timborhome.comRegistrar 9, Shiv Shakti Industrial Estate,

JR Borica Marg,Lower Parel (East), Mumbai – 400 011Phone: +91-022-23018261/ 23016761Fax: +91-022-23012517Email: [email protected]

Website: http://www.purvashare.com Lead Managers:

1. Corporate Strategic Allianz LtdListing : BSE, NSE

POOR FUNDAMENTAL,DO NOT APPLY

TIMBOR HOME LIMITEDIncorporated in year 2000, Timbor

Home Ltd is an India based manufacturerand retailer of Italian style modular kitchencomponents, door frames, home furnitureand accessories. Company markets itsproducts under brand names TimborCucine, Timbor Doors Timbor Home andIKI Kitchens.

Timbor has 3 manufacturing units inIndia, 2 of them are located in Ahmedabadand 1 in Anand district in Gujrat. Com-pany market its product though more than80 exclusive franchise stores in India.

Timbor’s products have weak brand-ing in a highly fragmented furniture indus-try, where unorganized players have almost90 percent market share. Timbor is a rela-tively small player in terms of size andnumber of stores. The presence of playerslike Future group, Godrej, Nilkamal, StyleSpa, Millennium Lifestyle and Durian -who enjoy a strong brand recall and posi-tioning – further intensifies competition.Out of its 84 stores, only 3 are companyowned. This exposes Timbor to the risk offranchisee stickiness, which may hinder itsfuture growth prospects / margins.

RISK FACTORE1. CRISIL grade 1 for the IPO.2. Negative operating cash flowin FY10 and FY11.3. Project not appraised.4. Company has no dividend his-tory.5. Low margins, high debtors.6. The agreement wi th largeshare holders (DB Corp, TOI)provides for exit, after lock in period,will further dilute t h e




Let us see how much powerFight between Bulls & Bear

Dear Investor,We seen last week

F&O Expiry will close5476. In last two daytrading session marketwill lead the globalmarket & close strong.last week seen market

sleep below 18000 but

not close below 18000.But some pressure inmarket next week. Oneof the SGX nifty last weekseen trade 4950 level butin coming future we seenthis level? I expect thisSGX nifty level will comein future.

Global markets weremostly soft for the week.Fresh concerns on Eurodebt crisis led to weakmarkets. Developedmarkets closed the weekin the red. Indian equitiesmoved in the line withglobal markets butrebounded strongly bythe end of the week.Finally, Sensex managedto close flat for the week.FII flows were largelynegative for the week.Sectorally, Power, IT,Capital goods, Auto andTech faced the brunt ofintense profit booking.

The 30 share index,Sensex dropped 60points or 0.33% to

18,266.10 in the weekended May 27. On theother hand, the broadbased NSE Nifty fell by10.25 points, or 0.19% to5,476.10 in the sameperiod.

Mid-cap index dipped

by 26.05 points, or

0.39% to 6,730.36 in theweek. Small-cap indexdeclined 75.32 points, or0.92% to 8,109.86 duringthe week.

All sectoral indices

ended the week mixed.Top laggards were BSEPower (2.22%) followedby IT, Capital goods, Autoand Tech, which declined

over 1% each. However,Oil & Gas moved up2.41% followed byConsumer Durables(CD), Bankex, FMCG,Metal and Realty (rangedfrom 1% to 0.04%)during the period.

Food inflation shot upto 8.55% for the weekended May 14, thehighest level in fourweeks, as prices of fruits,cereals and protein-based items escalated.Food inflation, asmeasured by theWholesale Price Index(WPI), was on a decliningtrajectory for theprevious three weeks.

We expect themarkets to be range-bound and movesideways in the absenceof any major trigger.Most of the importantresults have alreadybeen announced and themarkets may be cautiousahead of the monsoons.Off late, commoditieshave seen someunwinding of speculativepositions, which isresulting in softcommodity prices. If thistrend continues, then itwill be a positive for theIndian economy and willhelp contain inflation. Itmight also attract FIIflows given valuationshave turned reasonable.

In coming week 30May, CBI will enter the 2- G scam charge sheet.More companies name& person’s name will

open in this chargesheet. So market willsome pressure in nextweek & Range bound. Irecommended some

stock Future trade & ifyou have profit in such astock, you will bookprofit.

CromptonGreaves Future

Close (258.90)

“Crompton Greaves(CG) acquired theSweden-based EmotronGroup for EV (Enterprise

value) of Euro57.8m.This is its eighthacquisition in the last sixyears; other keyacquisitions beingPauwels, Ganz, Microsol,Sonomatra, MSE PowerSystems, PowerTechnology Solutionsand three businesses ofNelco. This news best forthis stock. Irecommended buy callkeep stop loss with 250for target of 270-280.

Sail FutureClose (143.40)

The uncertain marketenvironment continuesto cast a shadow overthe proposed SAILfollow-on public offer(FPO). The governmentis clearly unhappy withthe over 20% drop inSAIL’s share price thisyear, and wants themarket environment toimprove before going in

WEL KNOWN ANALYSTS WRITERS FROM DIFFERENT PART OF COUNTRY

for the divestment. SteelSecretary PK Mishra toldthat they have till thefirst of June to take a finalcall on the FPO. PKMishra, Steel Secretarysays, “We are watchingthe market everyday, so

the decision is still to goahead. But we arewatching the market. Ican’t say whether it will

be right for me to saythat there can be anychange as of now.” SailResult too bed or stocklook weak. Short futurewith 150-stop loss for

target of 135-130.IDFC Future

Close (136.45)This infrastructure

stock last trading session

up 6 % with positivemove. I expect the moreup side in this stock. Incoming week this stockwill out perform market.Buy this stock with stoploss of 134.80 for targetof 145-150.

Jain IrrigationFuture

Close (160)This stock sleeps last

week 7-8 % down. Iexpect no other downside in this stock. Buy thisstock with 155-stop lossfor target of 170-178.

Scooters IndiaLtd. (BSE code

505141)Close (51.30)

This Operator basestock last week close 52week high. Operator willmore high prize incoming week. Keep astop loss 48 for target of55-58.

Maruti FutrureClose (1202)

In coming week anybed news in this stock &

it will go down very soon.Short future at 1210-1215 level & stop loss1220 for target of 1175-1150

Ter English Issue 14 Yr 4

Documents

Transcript of Ter English Issue 14 Yr 4