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  • 8/9/2019 Ter Englih Issue 18 Yr 3

    1/20

    Vol. 3 Issue : 18 Date : 27-06-2010 to 03-07-2010 Editor : Narendra Joshi Sub.Editor : Sharad Kotak Mobile:9825065387 Address : 115/991, Nirmal Apartment, Telephone Exchange Road, Naranpura, Ahmedabad -380013 Phone : 27451449

    PETROL DEREGULATED; DIESEL NEXT

    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

    26/06/2010.G O V E R N M E N T

    BITES THE BULLET,FINALLY.

    The governmentfinally took the toughdecision and finallyagreed to free thepetrol price andmake it marketdriven. Besides

    petrol which wasincreased by Rs.3.5/litre, diesel wasincreased by Rs.2/litre, kerosene byRs.3/litre andcooking gas price byRs.35 per cylinder. Itwas decided that the

    diesel prices will befreed up later. It was adifficult decision totake as the inflation isalready in doubledigits. The extent ofthe price rise beatmarket expectations

    and suggested thatthe Congress has anupper hand over its

    alliance partners andwont buckle downunder pressure. Thismove has given a freshbreath of life to thebeaten down OilMarketing Companieslike HPCL, BPCL and

    IOC. Besidesthe OMCs,the upstream

    c o m p a n i e stoo willbenefit asthey wonthave to sharethe subsidy

    burden. Besides anymove to removecontrols over the

    prices will also benefitReliance Industriesand Essar Oil to acertain extent.

    REFORM OVERINFLATION.

    The decision tofree petrol prices andincrease the prices ofother fuels suggeststhat the government is

    focused on the

    reforms agenda and isready to reducesubsidy burden and cutthe fiscal deficitirrespective of a shortterm rise in inflation.The deregulation offuel prices will resultin savings in subsidyand along with theamount fetched by 3G

    auction will help rein in

    the fiscal deficit to4.5% by next year.Governments moveto increase the fuelprices is likely toincrease inflation byaround 150bps andwill result in all roundincrease in the prices.The price rise could

    Continue on .....7

    Continue on .....8

    Weekly Review for the Week

    June 28th to July 3rd 2010Nifty: (5269)Sensex: (17575)25.06.10We said We

    now head into anF&O expiryweek and themarket has seena high at 5300and the logicaltarget for the upmove is 5328but looks like5300 for thisweek would be a strongresistance to deal with,volatility is the order of

    the week and strong sup-ports exists around5200-5150

    The market crossedthe target point of 5328but could not sustain

    above it and closed be-low it indicating thatthere is selling pressure

    in the upperregions

    The newseries hasstarted on anegative noteand has tradedbelow the cru-cial level of5328 and thecrucial level to

    watch would still be5328 and I would say

    Continue on .....8

    3

    Hot Talk

    GSPL AND MRPL TO

    BENEFIT BY EGOM

    DECISION

    5FINANCIAL & LIQUOR

    WILL OUT PERFORM

    THIS WEEK

    11NIFTY IN CORRECTION

    MODE TOCUH 5150 ,SENSEX

    CAN FALL ANOTHER 400

    POINTS

    Astrology & Stock

    MarketMarket Priview

    Technical Analysis

    for Traderswww.stockacademy.co.inMo. No. 09820920530

    Sanjay Lad, (Mumbai)

    Shooting StarLooks like an

    inverted hammer butis found near the top ofa move and oftenmarks a reversal. Thebody can be any color

    but a confirmationcandle is needed toconfirm the reversal.

    Morning StarUsually begins with

    a large red body

    followed by a smallblue bodied candle ordoji then followed bya anotherb l u ec a n d l e

    t h a tmoves atleast 50% into thebody of the first redcandle.

    Evening StarUsually begins wit

    a large blue bod

    followed by a small redbodied candle or doj

  • 8/9/2019 Ter Englih Issue 18 Yr 3

    2/20

    27-06-2010 to 03-07-20102

    AVAILABLE IN ENGLISH AND GUJARATI LANGUAGE

    FOR ACCURATE STOCK MARKET

    PREDICTIONS

    http//www.astrostocktips.in

    TEL NO9810018438- 9810056543

    Success in Stock MarketSuccess in Stock MarketSuccess in Stock MarketSuccess in Stock MarketSuccess in Stock MarketFor most of us, the

    word 'stock market'seems to sound like anightmare. We alwayshave problems inunderstanding the whole

    concept andlook for someexpert adviceb e f o r einvesting inshares or inselling theshares. Hereare some tipswhich wouldgive you betterknowledge about stocksand the ways to identifyand invest in the bestones. Wetoo can

    master the jargons ofs t o c k m a r k e t ;after all,successfult r a d e r sw o u l dhave beenbeginnerssometime.

    E v e r yone whoinvests ins t o c k m a r k e twishes to become richsoon by making somegood amount of money.But to make quickmoney you should bereally experienced; thebeginners shouldconcentrate more in thebeginning to master theart of staying away fromloss even if they are notmaking profit. Here arefew points which wouldhelp you in investing onthe right stocks.

    1. Having aninvestment plandeveloped is veryessential for any seriousinvestor. You should beable to plan your budget,the maximum amountthat you can use to buythe stocks, the stop losslevel and more.

    2. Once theinvestment plans aremade and decided, it

    should not be changedoften. If at all you arechanging yourinvestment plan youshould have validreasons for doing so. If

    the fund value for thestocks goes down thenit would be advisable tosell it down rather than

    waiting for the values togo up as waiting wouldmean in certaincircumstances investingin risk.

    3. investing in all thefunds should be avoided.If you had noticed,successful traders wouldnot invest all their moneyin stocks but wouldretain some percentageto buy few more stockswhen the market is weakand when there are

    cheap shares available.4. Investing ontrading stocks whosebusiness and nature ofsales you understandwould be the bestoption. It would beadvisable to avoidbuying stocks which aretoo complicated tounderstand.

    5. It would beadvisable to make a

    research by ourselvesrather than blindlyfollowing someoneelse's advice. The viewswould vary from oneindividual to the other.

    So it would bebetter to checkthe conditionyourself beforetaking anydecision.

    6. to be onthe safer side, itwould be goodto invest not

    more than 5% on onestock. This would notonly get you morenumber of stocks

    initially, itwould also

    safeguard ifthere shouldbe a baddrop downin the statusof one of thestocks thatyou haveinvested.

    7. Yous h o u l da l w a y smaintain arecord of theinvestmentsand the

    moves youmake. This would giveyou a good idea on howmuch you have exactlyinvested. This wouldalso help you in studyingthe flow of the fundsand the market trend.

    The above listed arenot just points to be noted

    but these are to be

    implemented in order to

    master the basics of

    trading in stock market.

    This week highest

    volatility is expected in

    world stock market. It is

    better to keep eyes on

    sector and stock specific

    approach rather then

    look at nifty levels. This

    week sugar, auto and

    fertilizer stocks should

    be kept under

    observations. You may

    keep visiting my web site

    Astromoneyguru.com

    for daily predictions.

    Jatinder

    SharmaEquity Star

    Website:www.equitystrategists.com

    Mob: 9899252034

    Fuel decontrolto fuel rally?

    There was nochange in indices inwhat turned out to bean eventful and

    volatile week. Niftyposted a high ofaround 5365 onMonday and then justdrifted sideways asmarkets grappled withexpiry of Junes e r i e s ,negative biasin US and Euromarkets andp o l i c yn e w s f l o w s .Friday cappedthis week witha courageous

    and bold moveby EGOM to partiallydecontrol fuel prices.Government finallym u s t e r se n o u g hcourage andconvictionto bell thecat and thatfuelled animmediaterally in Oiland Gasc o u n t e r s .D i s b e l i e f

    gave way toeuphoria asstocks likeHPCL, BPCL,IOC andONGC leapthigher by 7-15% on huge volumes.We believe this couldbe a game changer foroil and gas counters iffollowed in totality.Most of the OMCs aswell as the upstreamcompanies like ONGChave literally done

    nothing in past 7-8years as far as theirstock performanceswere concerned. Thispolicy event couldcatapult these stocksin limelight again asinvestors do a rethink.Various stocks havebecome multi baggeron the theme ofd o m e s t i cconsumption and oil

    stocks, both PSUs andprivate could be thenext big story on thisparticular theme, if

    these companies areallowed to operate likeany other normalorganization. Onecould accumulatestocks like ONGC, RIL,

    BPCL, IOC and HPCL ontechnical dips for goodreturns over 6-9

    months. Even theother oil and gas linkedcounters like GSPL,Welspun Guj andJindal SAW might alsowitness positivesentiments. Moresignificantly, thisdecision enhances the

    prospects of 'IndiaStory' and could tiltserious FII allocationover medium to long

    term towards India.T e c h n i c a l l y ,

    market is findingsome resistance

    around 5350. Bankingstocks are witnessingprofit taking/sellingas market participantsanticipate interestrate hike soon. Autos

    might alsosee somecorrectionon fuel hikeas well asi n t e r e s thike fears.C a p i t a lG o o d s /Infra and

    Oil & Gaswould take theleadership mantlefrom Autos and

    Banking in comingdays and we arelikely to seeserious outperformance fromthese two sectors.H e a l t h c a r eremains in uptrendwhile metalscontinue tostruggle. Niftyfinds immediatesupport around5265-70 and thenaround 5210-15while freshbreakout is likelyabove 5350.This week, we

    recommend buying inONGC, Cipla and GMRInfra. Buy ONGCbetween 1245-1270 ,SL 1210 Tgt 1325/1360over 3-5 weeks. Cipla(342-347), SL 334, tgt358/365 in 2-3 weeks

    and GMR Infra( 55-57.5), SL 52 tgt 63/66 in2-3 weeks.

    Happy investing!

  • 8/9/2019 Ter Englih Issue 18 Yr 3

    3/20

    27-06-2010 to 03-07-2010 3

    GUJARATI HARD COPY AVAILABLE IN MUMBAI & GUJARAT

    Tips to select stocksSelection of stocks

    for trading or invest-ment is technical analy-

    sis. But in the clusterof stocks stock how doyou select the best.Any indicators areavailable for when to

    enter to exit and

    implementation with-out mind set?

    Please read thistips.

    You should have anappropriate strategyand vision before buy-ing stocks from themarket and this defi-nitely is not a difficulttask. Buying becomeseffortless because ofthe guidance and helpprovided by variousbanks, share tradersand financial consult-

    ants. But more thanbuying, managing yourportfolio becomes adifficult task.

    Since trading instocks is a strenuoustask and makes it notsuitable for everyonethe importance of fi-nancial consultants be-comes all the moreprominent. They aremanagers in true

    sense as they assistyou in managing yourportfolio and keep you

    stress free by actuallyindulging in the buyingand selling of stocks.Services of financialconsultants and bro-

    kers are chargeable.

    Hence choosing a rightguide will help you inbuying stocks from themarket with feweramounts spent on hisfee.

    Online sources alsohelp you in buyingstocks from the mar-ket. Details of a com-pany like its profile andvarious cash flow state-ments can be obtainedvia internet. This helpsin deciding fromwhere to buy stocks.

    Participation in onlineforums also proves tobe helpful in buyingstocks.

    Long term invest-ment is always betterthan short term invest-ments like day tradingetc. because the risk ofloosing money is morein short term invest-ments.

    There are always

    good investment ideasavailable. One justneeds to search them

    out. One should investin stocks which areavailable at attractivevaluations and havegood growth pros-

    pects. In fact, it is good

    to be a contrarians andlook for sound compa-nies in which the gen-

    eral view is negative.A few parameters

    remain constant tofind good stocks suchas kind of business,quality of management

    and revenue visibility.

    You should go with thesector, which is easy tounderstand and has aclear revenue visibilityfor the next 2-3 years.

    You should do someresearch before put-ting in money in any

    stock. Choose sectorsthat have showed

    higher capacity utiliza-tion and higher returnson capital. Once a sec-tor is identified, iden-

    tify companies withint h o s esectors.A goodstartingp o i n tcan beq u a r -t e r l yresultsd e -

    clared by companies.Therefore, you canadopt a top down ap-proach to identify thesectors and then the

    stocks within thosesectors that will per-form well in the next

    Previous Week performance

    Nifty for 21/06/2010 to 25/06/2010: Nifty CMP-5262 [ Key for

    down trend is now 5180-5150 then target 5000. for up move

    from here 5340-60 then 5430-5450] - Trend Flat/bearish

    Before going to new high some profit booking seen on chart.

    Scripts to watch : Cipla, UnionBank, VIP, IDFC, Ambuja

    cement, TIL, DCW and Visuintl on long side for minimum 4-

    5% with 1% as sl

    Result : Low 5260 and high EXACT 5366 [predicted 5360]

    Nifty for 28/06/2010 to 02/07/2010:

    Nifty CMP-5269 [previous close5262] [ Key for down trend is now

    5228-5180 then target 5150-5050.

    for up move from here 5330-5360

    then 5430-5450] - Trend Flat/

    bearish Before going to new high

    some profit booking seen on chart.

    SCRIPTS :

    Coreprotec, Essaroil,

    GujAlkali, MIC and

    Bindalagro on long side

    1-2 years.In a market which

    has a l readg one up tosome extent, i

    is the valuatiothat becomethe decid infactor aparf rom the factors mentionedabove. Everthing has a faipr i ce. A stocmig ht be fund a m e n t a l lst rong bu

    high stock prices camak e i t unat t ractive. For companiein different sectors

    you should use different measures tosee the re lat ivvaluation.

    For instance, fobanks and other financial institutionsone should use priceto book value ratiowhereas, for manufacturing companieone can j udgthroug h replacement cost. Land banand thei r mark evalue could be fac

    tored in to tak e ca l l on a reaestate company.

    S ince the stocmark ets are inf luenced by a var ietof factors it is advisable to seek advicfrom experts havinknowledge and exper ience of investing in the marketse s p e c i a l l y w h emarkets have gonup by some extent

    If u want to know

    about Technicaa n a l y s i s c l a s s ec o n d u c t e d b y m es e n d t h e d e t a i la b o u t y o u t ot i p s s b s e n s e @ y ahoo. in I will reverb a c k w i t h c o u r sd e t a i l s . P l e a smention the refere n c e a s T H E E C ONOMIC REVOLUTION

    Ph: 98506 95994EMail: [email protected]

    Web Blog : www.tanmaygopal.com

    Tanmay GPurohit CFA

    Hot Talk

    GSPL and MRPL to benefitby EGoM Decision

    Nifty has closedthe week slightlypositive by 7 points at5269 and it has shownsome selling pressurein the last 4 sessions.Nifty would bepositive as long

    as above 5200and it has toclose above 5400on a sustainablebasis to showfurther strength.EGoM has madePetrol pricesmarket-driven andraised rates for Diesel,LPG and Kerosenewhich has benefittedOil & Gas stocks -

    MRPL and GSPL stillhold value and canmove higher evenfrom current levels.

    BIOCON (Rs 321):-The stock is near its 31

    month high of Rs 331and is outperformerof the market. Now itis consolidating in asmall price zone and

    a breakout above Rs330 can take ittowards its all timehigh around Rs 390also in long-term. BuyRs 315-320 for target

    Rs 338-342, keepstops below Rs

    310.HCL TECH (Rs

    358):- This stockhas gappeddown and lookst o reach low erleve ls and200DEMA Rs 340

    would be importantsupport . Se l l Rs361-364 for target Rs340, keep st opsabove Rs 372.

  • 8/9/2019 Ter Englih Issue 18 Yr 3

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    27-06-2010 to 03-07-20104

    Mix Sign Of GlobalMarkets, Fear Of Euro

    Crisis, Reduction OfHousing Selling InAmerica And HikesPrices In Petrol, DieselAnd Gas So Break ToContinue Bullish TrendLast Three Weeks In In-dian Stock Markets.Where In SENSEX Just3.71 Points And In NIFTYJust 6.45 Points Add UpLooked From AgoWeek. We Said ClearlyOn Last Article That JustFMCG,PHARMA AndSMALL CAP FERTILIZERS

    Will Be Rocking And

    Same That They All AreThree Sectors Moved

    Very Nicely. We AlsoSaid Selling PressureWill Looking At EveryHigh In METALS, REAL-ITY And TELECOM Sec-tors And Same Hap-pened. Last WeekSENSEX Closed At17574.53 And NIFTYClosed 5269.05.

    Recent GovernmentAlways Problem CreateFor Middle Class Its NotWrong. GovernmentHikes Prices In PetrolAbout RS 3.50 In Diesel

    RS 2 And LPG GAS AboutRS 35 From Last Day OfThe Last Week. MiddleClass Use Kerosene ToMake A Food. Govern-ment Also Add UpAbout RS 3 In Kerosene.Its Not Fair But Its Fail-ure Of Government.Shortly, If Prices HikesLike This By Govern-ment So The Day Is NotAway From To Make A

    MORE THAN 4.5 LACS READER WORLD WIDE

    Suffer All The PeopleFor Living.

    The Chairmen OfHCL Shiv Nadar Will SellAbout 2.5 PercentPart Of HCL Tech-nologies And Accu-mulate RS 585Crore And TheyWill Donate It ForProgress Of IndianEducation Sectors.

    Next WeekM a r k e tMovement WillDepend On Starting ToEnd Of Week If NIFTYBreak 5205 And Give

    Close In It Second Day

    Of Week So Big SellingPressure Will Looking

    At Every High. DuringWhole Of The WeekNext Week If AmericanDow Jones Break10000 Levels And ReAgain Give Close Into

    10000 So UnexpectedBearish Trend Also CanBe In Indian StockMarket. Next WeekREALITY Sectors Can BeNegative. SENSEXCrucial Support 17156And Crucial ResistanceIs 18120 When NIFTYCrucial Support 5186And Crucial ResistanceIs 5364 For Next Week.

    S E N S E X(17574.53)17662

    ABOVE 17780, 17886,17994 AND 18120

    .WHEN 17478 BELOW17370, 17264, 17156AND 16950 WILL BESHOW.

    NIFTY (5269.05)

    5277 ABOVE 5298,5321, 5339 AND 5364

    WHEN 5258 BELOW5232, 5212, 5186 AND5160 WILL BE SHOW.

    ROCKING FUTURECALL

    IDFC (169.50) SellAt Any HighNear 173W i t hI m p o r t a n tResisatce 180To Get Target155 And 148.K e e pContinue ASell Position.

    If It Break 155So Will Looking BigCorrection In It At 148Levels. End Of WeekThe Stock Create OnCharts SymmetricalTriangle In A DownTrend Format. WhoShows Weakness OfStock For Short Term.Weekly Charts CreateHead And Shoulder AsA Reversal In A Up

    INDIAN STOCK MARKET LOOKING MORE

    STRONG ACCORDING AS GLOBAL MARKETS

    LAST WEEK RECOMODATIONS THUNDER PERFORMANCE

    STOCKS RETURN TIME NOTESAIL 2.50 % Above Just Three Day's Future Players Book 60 % Profit At Given First

    Target. Trader Can Sell It Every High In Future.MARICO 18.42 % Above Just Two Day's The Stock Has Been Our JACKPOT For Last

    Week. Hold Your Investment To Make A MoreProfit.

    MEGHMANI 5.95 % Above Just One Day Hold In Your Quarterly Portfolio.

    (200 TO 195)

    (114 TO 135)

    (16.28 TO 17.25)

    Trend Format WhoGives A Sign Does Not

    Last Any High Levels.The Stock Create On

    MonthlyC h a r t sR i s i n gWidth InA NewD o w nT r e n d .W h e nThe StockC r e a t e

    Head And Shoulder AsA Reversal Format In AUp Trend For Long TermCharts Who Gives A

    Sign Does Not Last Any

    High Levels. End OfWeek And First Day Of

    Future Series NegativeOpen Interest Around0.74 % Looked.Fundamentally Stock IsNot Good. The Stock

    Recent Book Value52.46 Who Is BelowFrom Current Rate169.50. When Stock PERatio Is 21.60 % Who IsAbove From IndustrialPE Ratio 14.62 %. Its NotAdvisable To Invest InThis Stock Now. ShortTerm Trader Hold YourSelling Position AtEvery High In FutureSeries. Short Term

    Trader Book Profit AtEvery Declines.

    SHORT TERM TOLONG TERM ROCKINGCALL

    PRECISION WIRES(BSE CODE 523539)(139.55) Buy At AnyDeclines Rate Near 134for Objective of 151and 164 area. If it Closeabove 153 Then ShouldStock Lead at 164 area.Strict Stop Loss At. 128Area. Set Up InBombay The CompanyProduce CopperWinding Wires From 13

    December 1989. TheCompanyA l s oConcertedW i t hM e t a l s ,N o nFerrous.C o p p e r ,C o p p e rA l l o y s .The StockR e c e n tB o o k

    Value Is 142.19 Who IsNear To Current Rate.

    The Companys PERatio Is 7.13 % Who IsBelow FromIndustrial PE Ratio93.39 %. TheCompany AlsoNoticed 19.56 %EPS For CurrentYear Duration.Company YearlyAnd QuarterlyResult Are Good. EveryYear The CompanyGives 26% AboveDividend Regularly.Technically The Charts

    Of The Stock ShowsBullish Trend. End OfWeek The ChartsCreate SymmetricalTriangle In A Up TrendFormat Who Gives ASign Of Bullish TrendFrom Short To MiddleTerm. The Stock AlsoCreate Bullish Trend InLong Term Charts.Investors Please MakeYour Investment In This

    Stock For Short To LonTerm. Short Term

    Investors Book ProfiAt Every High.

    M I R Z AINTERNATIONAL (BSCODE 526642) (14.42)Buy At Any DeclineRate Near 14.28 foObjective of 21 and 29area. If it Close above21 Then Should StocLead at 29 area. StricStop Loss At. 12 AreaThe Company Set UpIn Kanpur (UttaPradesh) AndCompanys Main

    Business Is ProducedTo Lather, SynthetiAnd Footwear. TheCompany Recently PRatio Is 6.8Percentages Who IBelow From IndustriaPE Ratio 15.27Percentages. ThCompany Pays EverYear 10 % AbovDividend RegularlyThe Stock Recent BooValue Is RS 14.79 ThiRate Is Near Of RecenPrice Of Stock

    Companys Yearly AndQuarterly Result Are

    Good. Technically ThStock Create StructureOf PositivConsolidation OnShort Term Chart. The

    Stock Create InvertedHead And Shoulder AA Reversal In A UpTrend Format And OWeek Who Gives SignOf Bullish Trend OShort To Long TermInvestors Ignore ToThe Market And KeepIt In Your QuarterlPortfolio. Short TermInvestors Book ProfiAt Every High.

  • 8/9/2019 Ter Englih Issue 18 Yr 3

    5/20

    27-06-2010 to 03-07-2010 5

    IF NOT AVAILABLE IN MUMBAI CALL OUR DISTRIBUTOR : PHONE (022)30224757

    Fireworks for theweek 28th JUNE 2010-02nd JULY 2010

    MARKET OUTLOOKFOR THE WEEK

    Reaction on FuelPrice De-Regulation,Monsoon, RBI Policy &Global Cues are goingto play major role PROFIT BOOKING &SELL OFF TO CON-TINUE

    Fuel Price hike willmake inflation to edgemuch higher level Onother hand how con-gress lead governmentwill handle politicalparties opposition &how its going to imple-

    ment fuel price De-

    regulationRBI is expected to

    change the current in-terest rate structure atany time - we have tomonitor whether its

    Reaction on Fuel Price De-Regulation, Monsoon, RBI Policy &Global Cues are going to play major role

    going to implement inmultiple stages, whatwill be their futureoutlook

    Monsoon which is

    below expected nor-mal level, that also go-

    ing to make some im-

    pact on Inflation

    Finally, we have toclosely watch theindustrys stand onSecond Direct Tax Codeproposal announcedlast week

    ASTROLOGY &STOCK MARKET

    SATISH GUPTAhttp://www.astrostocktips.in

    e mail:[email protected]

    MOBILE :09811738366 - 09810018438

    FINANCIAL & LIQUOR WILLOUT PERFORM THIS WEEK28 th June-2nd July

    2010Weekly planetary

    position: During theweek, Moon will betransiting in Capricorn& Aquarius, Sun, Mer-cury& Ketu in Gemini,Venus in Cancer, Marsin Leo, Saturn in Virgo,Rahu & Pluto in Sagit-tarius, Neptune in

    Aquarius, Jupiter &Uranus inPisces.

    Duringthe weekF I N A N -CIAL sec-tor es-p e c i a l l yH O U S -ING FI-N A N C Ewill con-tinue toget strong ASTROLOGI-CAL support. In thissector one can watchfor, LIC HOUSING,GRUH FINANCE,CANFIN HOME, HDFC& RELIANCE CAPITALetc

    DRILLING sectorwill be getting plan-etary support & watchfor ABAN, HIND OIL,DOLPHIN OFFSHORE &JINDAL DRILLING etc inthis sector.

    LIQUOR stocks willbe in strong demand,In this segment, watchfor UNITED BREWER-IES, GLOBUS,MCDOWEL, KHODAY,TILAK NAGAR etc

    ASTROLOGICAL po-sition for PHARMA sec-tor is very favorable &CIPLA, NATCOPHARMA, KOPRAN, Dr

    REDDY & DEVIS LAB

    etc deserve attention.In such volatility & un-certainty, this sector issafe heaven.

    LAST WEEKS PRE-DICTION: It was flatweek & with the bless-ings of Lord Ganesha,all the predicted sec-tors out performed. InLIQUOR- TILAK NAGAR,UNITED BREWERIES,GLOBUS, & KHODAYetc appreciated by 12-30%. Among PHARMA

    CIPLA, Dr REDDYBIOCON, & ORCHIDmoved up by 4-7%. InCAPITAL GOODS spac

    BHEL, BGR ENERGY &L&T by 4-7%.

    SUCCESSFUL PREDICTION(20th June) With th

    blessings of LordGanesha, it was Predicted on 20th JUNE 1

    on our website, the c o n o m i crevolution &omoneycontrol.com L I Q U Ostocks will bin strong demand, especially on 21st &22nd JUNE. Ithis segmentwatch foUNITED BREW

    ERIES, GLOBUSMCDOWEL & KHODAYetc During this periodGLOBUS appreciatedby 22%, KHODAY b20%, TILAK NAGAR b10%, JAGATJIT INDUSTRIES by 8% etc. ( NIFTYwas down by 37 pointon 21st JUNE 10)

    Sectors which gestrong ASTRO supporare not normally affected by downfall inthe market.

    SCRI P CLOSE SUP P ORTS RESI ST

    ANCES

    BHARTI 263 259,254 270,277

    CHAMBAL 63.9 62.8,61.5 65.50,67.20

    DLF 286 283,278 294,301

    EDSERV 200 196,191 211,218

    FORTIS 153 151,146 160,165

    HDFC 2935 2886,2857 2967,2994

    HINDALCO 148 147,146 152,155HINDUNILVR 266 264,261 271,274

    IBREALEST 153 151,148 158,163

    INFOSYS 2780 2740,2715 2795,2810

    ITC 302 297,294 310,315

    KTKBANK 178 176,173 185,188

    L&T 1761 1737,1708 1782,1795

    M& M 615 598,585 623,634

    RANBAXY 451 449,446 460,463

    RCOM 195 192,189 201,208

    RELIANCE 1063 1053,1032 1090,1115

    RNRL 6 6 64.40,63.30 68.70,70.20

    SBIN 2300 2287,2264 2312,2329

    SESAGOA 367 358,351 377,386SIEMENS 730 723,704 740,745

    SUZLON 5 8 57.40,55.90 59.70,61.40

    TATAMOTORS 770 755,738 776,785

    TATASTEEL 490 486,483 497,504

    WEEKLY TRADING PICKS

    (28th JUN - 02nd JUL 2010)

    Our market willmaintain bullish trendonly if Global Cues aresupportive FIIs madean investment in June

    2010 (till date) aboutRs.6300 crore and that

    should be continued

    to sustain with this

    rallySENSEX 17575TECHNICAL VIEW

    (Week 28.06.10 02.07.10):

    This week 17667 &

    17542 will act as KEYLEVELS if it main-tains above 17667 ormaintains below 17542levels will decide the

    trend of market in nextweek

    SUPPORTS: 17542,17301, 17122 & 16887

    R E S I S T A N C E S :17667, 17788, 17911 &18086

    SENSEX FOR THEDAY 28.06.10:

    Today, if SENSEXmaintains above 17542will give upside targetof 17788-17826 lev-els Or else it may

    slide up to 17358-17301levels

    SUPPORTS: 17542,17427, 17358 & 17301

    R E S I S T A N C E S :

    17667, 17731, 17788 &17826

    NIFTY 5269TECHNICAL VIEW

    (Week 28.06.10 02.07.10):

    This week 5297 &5259 will act as KEYLEVELS if it main-tains above 5297 ormaintains below 5259levels will decide thetrend of market in thisweek

    SUPPORTS: 52595186, 5132 & 5061

    RESISTANCES: 52975334, 5371 & 5424

    NIFTY FOR THE DAY

    28.06.10:Today, if NIFTY

    maintains above 5259levels then it wilgive upside target o5334-5347 levelsOtherwise it may slideup to 5203-5186 level

    SUPPORTS: 52595224, 5203 & 5186

    RESISTANCES: 52975316, 5334 & 5347

  • 8/9/2019 Ter Englih Issue 18 Yr 3

    6/20

    27-06-2010 to 03-07-20106

    Reserve Bank of India maytighten monetary policy

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

    NIFTY SUTRA

    Negative weekly candle,

    supports at 5200, 5000, 4900Nifty - weekly close

    5269 (5263) Market openpositive on Monday andmanage to hit high 5367,

    which is also a last resis-tance of gann fanfrom previous top.Pull back rally willbecame trend rever-sal and confirmedonly after crossingover this resistanceline. Tuesdays sawsome profit book-ing. Market manageto hold 5300 for firstfour days, but fail to giveweekly closing above it asexpected in last article.Week ends flat with form-

    ing bearish candle onweekly chart. 11 monthlong, 700 point range chan-nels lower line support is

    now at 4900. Previous lows4400, 4550, 4700 will act assupport below it. Pullbackrally failing to hit channels

    upper line at 5600 indicates

    that market is going for

    downside breakout soon,thus buying july / aug 5000put is recommended.

    For Next week This

    Dinu's SAR -Trend and Stop-loss Table for Nifty -Investor Chart trade Beta Trend From Stop Gaintype type % lossDerivative Daily 20 (+1.2) DOWN 5320 5290 + 50Swing trade Weekly 20 (1-1.2) UP 5050 5240 + 210Short term Bi-weekly 20 (1) UP 5050 5200 + 210Medium term Monthly 20 (1-0.8) UP 5100 5150 + 160Mutual Fund Quarterly 10 (-0.8) UP 5000 5000/5180** + 260Long Term Yearly 10 (-0.8) UP 3670 4600/5130** +1590

    (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

    week market trading rangewill be between 4970 5570 i.e. trend point of5270, and weekly range

    with +/- 300. 20 and 50 daysEMA support for Nifty,which are at 5210,5160.Traders to exit their longposition at respectivetrigger levels in fall. Re-enter trade again later attrigger or lower level.Thus Trigger helped us toprotect, maximize profitand hold position.

    NIFTY trend and itsbeginning as per 20 SMAline direction on differentcharts are as follows:- 30minute DOWN, 5350; 90

    minute - DOWN, 5300;Daily UP, 5000; Weekly UP,5000.

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

    BSE Sensex (17574.33) and Nifty (5269.05) closed down0.01% and 0.1% up respectively last week.Nifty FutureJuly was quoting at 17.25 points premium..Nifty Call Op-tion July 5300 was very active.Support for Sensex is at17300. Resistance for Sensex is at 17810 .Support for Niftyis at 5190 and resistance at 5340.

    Indian government has raised the petrol and diesel priceby 3.5 Rs and 2.00 Rs per litre respectively.The governmenthas also decided to decontrol petrol prices.

    RIL and BPCL added Open Interest in July series.Hugeposition was build up at RIL July Call Option Strike Price1050.Good build up was also seen at RNRL July Call Option

    Strike Price 70.Strategy for Futures Option players.

    1)ONGC(1263.20) Lot Size-250 SharesBuy One Call Option of July Strike Price [email protected] RsSell One Call Option of July Strike Price [email protected] Rs.Premium .Paid=52.90*250= 13225.00 Rs.Premium Received=28*250= 7000.00 Rs.Net Premium Paid==13225.00-7000..00=6225.00 Rs.Maximum Profit==1300-1250==50*250=12500.00-

    6225.00=6275.00 Rs.Maximum Loss= 6225.00 Rs.Break Even Price=1274.902)Essar Oil(138) July Future-Lot Size 2000 shares.Buy One Lot July Future @138Sell One Call Option of July Strike Price [email protected] Rs.Premium Received=6.15*2000= 12300.00 Rs

    Maximum Profit=140-138=2*2000=4000.00+12300.00=16300.00 Rs.

    Max Loss=Unlimited.Trading Idea1)Maruti(1396.80)Buy this stock in decline and trade.2)HindPetro(402.20) Buy this stock in decline and trade

    STOCK CLOSE MFI-21 RSI-14 ADX-14BHEL.NS 2451.9 75.14 62.13 15.92ICICIBANK.NS 856.55 71.4 46.77 15.99INFOSYSTC.NS 2777.7 77.72 57.1 21.62ITC.NS 301.45 84.73 65.78 21.07MARUTI.NS 1396.8 85.64 64.5 34.53SBIN.NS 2300.8 65.57 49.07 30.2TATASTEEL.NS 490.05 56.58 45.83 25.68TCS.NS 758.5 57.03 48.38 12.43

    TREND OF MAJOR STOCKSSTOCK TREND NO OF Weekly Monthly

    DAYS Trend TrendBHEL.NS Neutral 3 Rising FallingICICIBANK.NS Bearish 2 Rising FallingINFOSYSTC.NS Bearish 1 Rising FallingITC.NS Bearish 1 Rising RisingMARUTI.NS Neutral 2 Rising FallingSBIN.NS Bearish 4 Falling RisingTATASTEEL.NS Bearish 1 Rising Falling

    TCS.NS Bearish 3 Rising Falling

    A.K.Prabhakar

    Website: [email protected]

    [email protected]

    Equity Analyst

    Fuel price hike Positive for

    PSUOIL stock Negative for

    BANKS & AUTONifty has closed

    Positive +7points with longterm moving averagesupporting market 200DMAwhich 5061 and 100DMA is5108 any move now below5170 weakness is seen tillthen range bound and Niftyfailing to cross 5310 wouldbe negative for market.Government hike fuelprices Positive for PSU Oilwhile Negative for Auto &Banking stock and Bankingstock.

    Support-5230-5175-5100Resistance-5300-5350-

    5425Positive Stocks-

    BIOCON, ORBITCORP, APILNegative Stock-

    INDIANB, CUMMINS, PATNIStock for the

    investment-TATACOFFEECmp Rs.417

    Face Value Rs.10 Bookvalue Rs.192 EPS=17 thiscoffee plantation companyhas an equity capital of Rs18.68 crore.

    Tata Coffee is largestintegrated coffee plantationcompany in the world,owning 19 coffee estates

    located in Southern IndiaSpread over 8037 hectareproducing 10,000 metritonnes and has 6Tea estate

    4755 hectareproducing 6.million kilogram

    of tea. Coffeprices hittin12years high andIndian coffeexports jumpin

    42% in the last 6monthwhile TEA shortage inIndia may worsen as pesattacks damagplantations, lowerinoutput and boosting pricecan benefit TATACOFFEstock in a big way.

  • 8/9/2019 Ter Englih Issue 18 Yr 3

    7/20

    27-06-2010 to 03-07-2010 7

    Cont. from Pg. 1Lions Roar

    VISIT : www.theeconomicrevolutiohn.com for latest infromation

    INDEX LEVELS :S3 S2 S1 CLOSE R1 R2 R3

    Nifty 5127 5176 5216 5269 5310 5348 5399

    Sensex 17150 17276 17394 17574 17793 1 7919 18047

    THIS WEEKS RECOMMENDATIONS :

    STOCK CMP SL Tgt-1 Tgt-2Buy ONGC 1263 1245 1297 1331Buy HPCL 402 386 425 449Buy BPCL 620 603 645 672Buy MRPL 73 71 77 81Buy GTLInfra 45 44 48 52

    hasten monetarytightening by the RBIeven before the policyreview on July 27. Onecan expect RBI to

    increase both keyinterest rates byatleast 50bps asagainst theexpectation of 25bps.

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

    The Sensex openedthe week at 17654,made a high of17919,a low of 17546 andclosed the week at

    17574. The Sensexgained a mere 4 pointson a weekly basis.Similarly Nifty opened

    the week at 5266,made a high of5366, alow of5259 and closedthe week at 5269. TheNifty too closed with

    the week with a minorgain of7 points.

    Both Sensex andNifty have formedbearish candleformations on theweekly charts. Sensexhas formed a bearish

    reversal pattern calledShooting Star, whilethe Nifty has almostformed a bearish

    reversal pattern calledGravestone Doji. Theabove formations canbe negated only if bothSensex and Nifty

    manage a close abovetheir respective highsfor the week gone by(Sensex 17919 andNifty 5366). Untilthen, the bearishformation willcontinue to exert its

    pressure onthe market.

    Interestinglymajority of

    the oscillators like theROC, MACD and OBVstill continue with theirBuy signals. The RSI

    which is in buy modebut is moving lower at57 is suggesting that themarket is consolidating.The MFI too has movedlower from overboughtzone in line with themarket price. Similarlythe Stochastic oscillatorwhich was in theoverbought territory hasmoved lower andcontinues in its sell

    mode. The Directional

    Indicators continue withtheir buy signal as the+DI remains over DI.

    The market hasseen strong rise from15960 to 17919 for theSensex and 4786 to5366 for the Nifty. Both

    the indices are nowcorrecting their riseand the correctionlevels for the Sensexfalls at 17171-16940-16708 and those forthe Nifty are 5144-5076-5008.

    The long term trendof the market remainsintact as long as theSensex and Niftycontinue to tradeabove their 200dmas(Sensex 16950 andNifty 5061). Please

    note that the 200dmais almost coincidingwith the 50%retracement level ofthe recent rise i.e.Sensex 16940 and Nifty5076. Hence expectstrong rebound fromthese levels in case ofa severe correction.

    The Sensex zone17150-17250 acted asstrong resistancebefore the bullishbreakout occurred.Now this resistance

    zone will act assupport, when theSensex comes downduring retracement.Besides this, the50dma (17136) and38.2% retracement ofthe recent rise from15960 (17171) also fallswithin this supportband. Hence there is aconfluence of supportsexisting between

    WATCH OUT FOR

    1 2 3 4 5 6 7 8 9 0 1 2

    1 2 3 4 5 6 7 8 9 0 1 2

    1 2 3 4 5 6 7 8 9 0 1 2

    1 2 3 4 5 6 7 8 9 0 1 2

    1 2 3 4 5 6 7 8 9 0 1 2

    1 2 3 4 5 6 7 8 9 0 1 2

    1 2 3 4 5 6 7 8 9 0 1 2

    1 2 3 4 5 6 7 8 9 0 1 2

    1 2 3 4 5 6 7 8 9 0 1 2

    1 2 3 4 5 6 7 8 9 0 1 2

    1 2 3 4 5 6 7 8 9 0 1 2

    1 2 3 4 5 6 7 8 9 0 1 2

    1 2 3 4 5 6 7 8 9 0 1 2

    1 2 3 4 5 6 7 8 9 0 1 2

    1 2 3 4 5 6 7 8 9 0 1 2

    1 2 3 4 5 6 7 8 9 0 1 2

    1 2 3 4 5 6 7 8 9 0 1 2

    1 2 3 4 5 6 7 8 9 0 1 2

    1 2 3 4 5 6 7 8 9 0 1 2

    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

    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

    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

    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

    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

    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

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8

    LAST WEEKS RECOMMENDATIONS

    STOCK Rec. Tgt Reached Lot Profitprice size

    Buy FinTech 1345 1374 1389 150 Rs.6,600

    Buy Mundra 714 728 729 300 Rs.4,500Buy Neyvelli 156 162 158 1475 Rs.2,950Buy Exide 128 135 133 2000 Rs.10,000Buy IDFC 169 174 175 2950 Rs.17,700

    Total Rs.41,750

    Except for Neyvelli Lignite and Exide which missed the targetjust a whisker, all other recommendations did well to achieve

    their targets

    17150-17250, which

    make this support zonecritical. Similarly Nifty

    zone between 5140-5165 acted as strongresistance before thebreakout occurred.Now this zone will actas support duringcorrection. Besides,the 50dma (5139) and38.2% retracement ofthe recent rise from

    4786 (5144) also fallswithin this supportzone. Hence expectstrong supportbetween 5140-5165.

    If we look at broaderpicture, then we arestill correcting the fallof the Sensex from21206 to 7697 and Niftyfrom 6357 to 2252. Sinceboth the indices havemanaged a close abovetheir 61.8%retracement levels, thenext possible target will

    be Sensex 18315 andNifty 5478 which arethe 78.6% retracementlevels of the entireprevious fall.

    Since last October,the market is movingin a rising channel andthe channel top hasprovided strongresistance to themarket and that supplytrendline top falls at

    Sensex 18289 andNifty 5483. Both therising channeltrendline top and the78.6% retracementlevels are almostcoinciding and hence

    Sensex and Nifty arelikely to find difficultyin crossing over18289-18315 and5 4 7 8 - 5 4 8 3respectively.

    The O.I.PCR isquite normal at 1.49.For the month of July,there is strong build

    up seen in the Puts ofstrikes 5200 followedby 5000. Strong Callwriting is seen at thestrike of 5500. Henceexpect some supportto emerge at 5200,followed by strongsupport at 5000. Onthe higher side, 5500

    will prove to be atough resistance tobreach.

    Sensex has strongrising channel topTrendline resistanceat 18289. Trendlinesupport for theSensex will come inat 17279.

    Nifty has strongrising channel topTrendline resistanceat 5483. Trendlinesupport for the Niftywill come in at 5176.

    For the weekahead, Sensex willf ind Support at17394-17276-17150and will f indResistance at 17793-17919-18047.

    For the weekahead, Nifty will findSupport at 5216-5176-5127 and willf ind Resistance at5310-5348-5399.

  • 8/9/2019 Ter Englih Issue 18 Yr 3

    8/20

    27-06-2010 to 03-07-20108

    A MULTY ANALYST WEEKLY ON LINE

    Cont. from Pg. 1Weekly Review

    that the market is weakas long as it trades be-low 5328

    The crucial supportfor the Nifty is 5234-

    5167 and strong resis-tance at 5328 T h esupport for the Sensexis at 17171-17104 andstrong resistance at

    17751-17825From a trading poin

    of view I would continue to book profits inthe upper regions.

    Cont. from Pg. 1Tech. Ana.

    then followed by aanother red candlethat moves at least 50%into the body of thefirst blue candle.

    Cont. from Pg. 11Market Priview

    towards the end of theweek. The magnitudeof this decline is notlarge enough toreverse the uptrendthat is in place sincethe 15,960 trough. The

    index could driftdownwards to 17,330

    or 17,170 in the daysahead. Halt abovethese levels will implythat the uptrend fromMay low continues tobe in force and cantake the indextowards 18,000 again.

    Strong close below17,170 is required tosend alarm bellsringing since thatwould denote apropensity to declineto 16,960 or even16,720.

    The medium-termview for the indexremains neutral. Westay with the medium-term range between15,500 and 18,000 forthis period. Since theSensex is reversinglower from the upperend of this tradingrange, a declinetowards 16,700 is quitelikely in the ensuingweeks. Weakness inDow and other globalbenchmarks also

    points towards a weakperiod for equity in theensuing weeks.

    For the week ahead,the Sensex will get

    support at 17,410 and17,250. Rebound abovethese levels will result ina range bound sidewaysmove for rest of theweek. Resistanceswould be at 17,700,

    17,790 and 17,920.

    Nifty (5,269)The Nifty too could

    not make any headwaylast week and declinedto the intra week lowof 5,259.9. The short-term trend in the indexis down and it can driftlower to 5,247 or 5,213in the days ahead.

    However the rally thatbegan from the May 25low of 4,786 willcontinue to be in forceas long as the indexholds above 5,213.

    Traders can thereforehold their longpositions with stop at5,200. Decline belowthis level will drag theindex to 5,167 or 5,118.

    S h o r t - t e r mresistances for theindex would be at5,300, 5,326 and 5,367.Traders can initiatefresh shorts if the

    index fails to movebeyond the secondresistance.

    We stay with theview that the mediumterm range for Nifty isbetween 4,700 and5,400. Since the indexis reversing lower after

    attempting to test theupper boundary,investors ought totread carefully at this

    juncture. Sustaineddecline can make theindex fall to 5,000 over

    t h em e d i u m -term.

    Global

    CuesG l o b a l

    e q u i t i e sr e v e r s e dlower lastweek andm o s tbenchmarksclosed theweek in the

    red. European

    benchmarks such asthe CAC, FTSE, DAXand so on declinedsharply indicatingthat the medium termdowntrend thatcommenced in Aprilis still in motion.

    CBOE VIX reversedfrom the low of 22.8on Monday to moveclose to the 30 markby weekend. Thesesharp moves in VIXindicate thatinvestors continue to

    be wary at theselevels and even aminor news could setoff a decline or anexplosive uptrend.

    It was adisappointing show bythe Dow last week. Itreversed from the highof 10,594 on Mondayto close 300-pointslower. Worse-than-expected numbers onhousing,manufacturingand GDP contributedto the decline in this

    index. Dow is halting atthe support at 10,080.If this level isbreached, it candecline to 9,757 onceagain.

    IPOIPOIPOIPOIPO ANALYSIS TECHNOFANALYSIS TECHNOFANALYSIS TECHNOFANALYSIS TECHNOFANALYSIS TECHNOFABABABABAB

    ENGINEERING LIMITEDENGINEERING LIMITEDENGINEERING LIMITEDENGINEERING LIMITEDENGINEERING LIMITED

    ByByByByBystockssavvystockssavvystockssavvystockssavvystockssavvy

    5 Votes5 Votes5 Votes5 Votes5 Votes

    The New Delhibased EPC company isentering the capitalmarkets with an IPO.The companyproposes to issue 29,90,000 equity shares ofRs 10 FV in the likelyprice band of Rs 225 -240. The issue willopen on 29-06-10 andclose on 02-07-10. Theissue constitutes

    28.50% of the postissue paid-up equitycapital.

    B U S I N E S S :T e c h n o f a bEngineering providesEPC services todomestic and overseasmarkets across anumber of industrialand infrastructuresectors, whichincludes conventionalpower, nuclear power,oil & gas, water &w a s t e - w a t e r

    treatment, electricaldistribution & ruralelectrification andother industrial, &infrastructure sectors.Apart from India, thecompany has presencein internationalmarkets like Ethiopia,Kenya and Fiji.

    FINANCIALS: Thecompany has achieveda turnover of Rs200.37cr, PAT of Rs19.09 cr for FY 2010, asagainst the turn over of

    Rs 149.56 cr and PAT ofRs 11.68 cr for the FY2009.

    VERDICT: The EPSfor FY 10 on post issuecapital is around Rs 18/-. At the upper priceband, the companydemands a valuationof 13x. Comparesfavorably with theother listed playerslike Shriram EPC (21PE)

    and Vascon Engineers(27 PE). The companyhas 27 on goingprojects. Growthoriented. Fitch IPOgrade -3. One caninvest having longterm view.

    T e c h n o f a bEngineering (TEL) has

    decided to open itsinitial public offering(IPO) for subscriptionon Tuesday June 29,2010 and to close onFriday, July 02, 2010.

    The companywould enter capitalmarkets with an IPO of29,90,000 equityshares of face value of

    Rs 10 each (the issue)for cash at a price to bedecided through a100% book-buildingprocess. The issuecomprises of areservation of 50,000equity shares of Rs 10each for eligibleemployees.

    ``We are graduallymoving up the valuechain by targetinglarger sizeassignments eitherindependently or

    through joint venturesor MOUs. Havingdeveloped significantin-house expertise inimportant and majorBoP packages webelieve that we arewell equipped to offerour services for theentire `Balance ofPlant` covering allutilities and offsitepackages of a typical

    power plant other thacoal and ash handlingsystems,`` said AvinasGupta, chairman &managing directorT e c h n o f a bEngineering.

    ``To further exploithe potential fogrowth iinternational marketwe have setup ouoffices in Ethiopia

    Kenya and Fiji, as wealso believe that therare substantiaopportunities in AsiPacific, West and SoutEast Asia and Africa. Acompetitive cost oequipment as well ahuman resources iIndia gives us aadditional advantagto compete witi n t e r n a t i o n acompanies``, hadded.

    The company i

    proposing a IPO tomeet long termworking capitarequirements of Rs 300million, financprocurement oc o n s t r u c t i o nequipment for R162.38 million, financsetting up omaintenance andstorage facility foc o n s t r u c t i o nequipment for R49.95 million, settinup training centre fo

    employees for R54.07 million andbalance for generacorporate purposes.

    Fitch Ratings haassigned grade of `3/5to the proposed IPO oTEL. The gradindicates the averagfundamentals of thissue relative to othelisted equity securitiein India.

  • 8/9/2019 Ter Englih Issue 18 Yr 3

    9/20

    27-06-2010 to 03-07-2010 9

    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

    ONLONLONLONLONL Y RS.1000 Y RS.1000 Y RS.1000 Y RS.1000 Y 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

    COMMODITIES- JEERU, RMSEED,GUARSEED, GUARGUM, TMC, GUARGUM.

    26th June 2010 AGGRO Up-

    datesCOMMODITIES-

    JEERU, RMSEED,G U A R S E E D ,

    GUARGUM, TMC,GUARGUM.JEERA: - Overall

    status: BullishLast week Jeera

    open at 11998, madehigh of 12645 andclosed at 12626 in Fri-day closing. If u hadread the last week re-port of jeera then youhave idea that I hadgiven tgt of 12200-400-600 for thisweek and it had hitall the given tgt.

    By analyzing dailycharts we can find thatit shows up trend, andcan easily touch13050-13400-13800in next week.

    Important sup-port levels- 12300-11950

    Important Resis-tance levels-13080-13650

    Comment: we rec-ommend being in bull-ish trend for a mediumto short term period,

    as price is movingabove each and every

    important moving av-erage.

    N o t e - C l o s i n gabove and below mayreverse the directionthe overall trend.

    RM SEED :- Over-

    all Status: WeakLast week RM

    SEED open at 525,made high of 525.40and closed at 519 inFriday closing. Byanalyzing daily chartswe can find that itshows down trend,and 515-510 will be tgtfor next week.

    Important sup-port levels- 518-515

    Important Resis-tance levels 526-532

    Comment: we rec-ommend being in

    bearish trend for amedium to short term

    period.Closing above and

    below may reversethe direction the over-all trend.

    GUAR SEED: -

    Overall status:- bull-

    ishLast week it was

    open at 2275, madehigh of 2335, low of2273 and closed at2302 in Friday clos-

    ing.Last week GUARSEED was in weakzone but in this weekit looks bullish, byanalyzing daily chartswe can find that itshows up trend, andcan touch -2330-2344-2350 in nextweek.

    Important sup-port levels- 2270

    Important Resis-

    tance levels -2330Comment: we rec-

    ommend being in bull-ish trend for a mediumto short term period.

    Closing above and

    below may reversethe direction the over-all trend.

    GUAR GUM: -Overall status: -Weak.

    Last week GUARGUM open at 4974,made high of 5116,low of 4965 and closedat 4989 in Friday clos-ing. By analyzing dailycharts we can find thatit shows down trend,and can touch 4930-4850 in next week

    Important supportlevels- 4940-4840

    Important Resis-tance levels -5050-5120

    Closing above andbelow may reversethe direction the over-all trend.

    TMC: - Overall sta-tus: - weak

    Last week TMCopen at 14442, madehigh of 14790, low of14244 and closed at14496,TMC Had hit

    Tgt of 14500 given

    Market Maestro

    Jaydip H. Makwana

    (MBA)9712 540 884- 9998 150 992

    [email protected]

    [email protected]

    by me in last weekand made low o14244,.

    By analyzing dailcharts we can find thait shows down trendand can touch1415013920 in next week

    Important supporlevels- 14240

    Important Resistance levels -1465014900

    MENTHA OIL: Overall Status: - Natural

    Last week MENTHA OIL open at 732made high of 734 lowof 713 and closed a722 in Friday closing.

    By analyzing dail

    charts we can find thait shows natural postion so, from this poinwe the support and resistance play an important role to drive thetrends. Down trend,

    Important supporlevels- 712

    Important Resistance levels -750760

    If Mentha oil breakslevel of 712 then it cantouch till 700-685,andif breaks 750 then can

    touch 760-775-795.

  • 8/9/2019 Ter Englih Issue 18 Yr 3

    10/20

    27-06-2010 to 03-07-201010

    VISIT : www.theeconomicrevolutiohn.com for latest infromation

    Hot Weekly Stock Futures For Week (28.06.10 To 02.07.10)

    Hot Positional Stock Futures For Week (28.06.10 To 02.07.10)

    Nifty Future's Prediction for Week (28.06.10 To 02.07.10):-

    Index Closing Price Support Stoploss Target 1 Target 2 Target 3

    Nifty 5283.70 5225 5200 5335 5360 5380

    Sr. Company Closing Support Stoploss Target 1 Target 2

    No. Name Price

    1 Onmobile 292.75 285 280 307 323

    2 ICICI 860.65 852 846 887 909

    3 Essar Oil 138.50 135 132 145 153

    4 Century Textile 461.20 455 450 477 488

    5 HDIL 246.35 242 238 254 262

    Sr. Company Closing Support Stoploss Target 1 Target 2

    No. Name Price

    1 Polaris 181.25 177 175 187 194

    2 GTL Infra 45.85 44 42 49 53

    3 MRPL 74.00 72 70 82 95

    4 Videocon 204.35 200 197 212 217

    5 IFCI 53.70 52 50 57 62

    ABOVE 5335 WE MAY SEE

    5360,5380,5400 BELOW 5225,WE

    MAY SEE 5200,5166,5137.

    Hot Midcaps/Smallcaps In Short Term For Week

    (28.06.10 To 02.07.10) :-1 Super Spinning 521180 15.00 - 17 21

    2 Exide Ind 500086 130.00 - 136 143

    3 Lakshmi Vilas 590069 91.70 - 97 104

    4 Edserve 533055 200.40 - 230 250

    5 NHPC 533098 28.50 - 30 336 Provogue 532647 55.00 - 62 68

    7 Usher Agro 532765 90.20 - 99 109

    8 FSL 532809 27.50 - 30 34

    9 ASCL 532853 63.40 - 73 86

    10 Karuturi 531687 18.95 - 23 26

    11 SPSL 533110 13.81 - 17 22

    12 Onward Techno 517536 25.65 - 31 36

    13 KFA 532747 47.70 - 52 58

    14 TTML 532371 22.35 - 25 28

    15 Seax Global 526843 51.75 - 56 62

    16 Aftek 530707 14.70 - 18 24

    17 Anu Lab 532981 5.68 - 8 1018 JP Power 532627 69.50 - 80 89

    In many scripts still we may see goodrise with superb momentum due to

    operator's interest in Coming Days.Last week very

    v e r yclear ly,specif ical ly& very boldly told toyou all that, above5297 in nifty futurewe may see5 3 8 0 . D e a rInvestors, What elseu all want??... Justsee w hath a p p e n e d ? ? ? . . . .

    Exact ly as per oursaying.nifty futurehad h i t a h ig h of 5377.55 & achievedour ment ionedtarget of 5380.Since more than 1year we are

    providing you

    almost perfect niftyf u t u r e ' slevel..What elseone can expect???...Our paid clients hadearned a lot from oursuperb guidance.inany k ind of market.we aregiving both long nshort calls based onclients need.

    From last week'sour stock future'srecommendat ions,IFCI moved to 56.50from our reco price54, Sesagoa movedto 388 from our reco

    price353,Tisco moved to509 from our recoprice 475, Polar ismoved to 185 fromour reco price 178,Vi jaya bank movedto 67 from our recoprice 61,MLL moved

    to 48 from our recoprice 46, RIL movedto 1074 from ourreco pr ice 1058,F inancia l technomoved to 1378 fromour reco price 1345,GE Shipping moved

    to 309 from our reco

    pr ice 298. . Justca lcu late the % of returns in a week atyour end. Whatelse one can expectfrom such k ind of volatile Indian stockmarket..

    From last week'sour del iverybasedrecommendat ions,Indowind moved to53 f rom our reco

    pr ice 49 , Renuk amoved to 69 f rom

    our reco pr ice 66 ,Videocon moved to209 from our recopr ice 203 &temptat ion foodmoved to 36 f romour reco pr ice32in a s ing lew eek only. .Whoremembers thatbefore one week wehad g iven karutur iat just Rs. 12.70 &

    w ith in 2 w eek s i thad touched Rs.

    Trade On Break Out Side Only

    To Get Benifited By Trend.

    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,

    19..What e l se ua l l w ant??Calcu late % ofprofits at your end??.....

    We thank you all

    for overw helming

    r e s p o n s e f o r o u r

    p a i d s e r v i c e . W e

    request you al l to

    please call us only

    a f t e r m a r k e t

    h o u r s . D o n ' t a s k

    for free trial.

  • 8/9/2019 Ter Englih Issue 18 Yr 3

    11/20

    27-06-2010 to 03-07-2010 11

    Madhav Ranade(M) 09371002943 or

    email :[email protected]

    BSE Indices

    comodities

    World indices

    posn trading lvls date 28th june / 2nd july 2010stock / index go entry targets stoplossBSE SENSEX sho rt 17540 17370/17100/16840/16570 17690

    long 17690 17800/17900/18000/18100 17540BSE auto index short 8165 x 8230

    long 8230 x 8165BSE bank index short 10600 x 10690

    long 10690 x 10600BSE capital goods short 14475 x 14600

    long 14600 x 14475BSE FMCG index short 3202 x 3238

    long 3238 x 3202BSE health index short 5760 x 5820

    long 5820 x 5760BSE metal index short 14700 x 14900

    long 14900 x 14700

    BSE oil & gas INDEX short 10650 x 10740long 10740 x 10650BSE PSU index short 9350 x 9435

    long 9435 x 9350BSE realty index short 3135 x 3173

    long 3173 x 3135

    all rates in US dollarscommodity weekly levels 28th june / 2nd july 2010 unittype go entry targets stoplossgold short 1261 1256/46/36/26 1272 troy ounce

    long 1272 1278/84/90/96 1261silver short 18.88 18.63/18.38/18.13/17.88/17.63 19.03 troy ounce

    long 19.18 19.45/19.72/19.99/20.26 19.03crude short 78.8 78.1/76.8/75.5/74.2/72.9 79.7 barrel

    long 79.7 80/80.8/81.7/82.5 78.8copper short 3.08 3.01/2.95 3.14 pound

    long 3.14 3.21/3.27 3.08natural gas short 4.93 5.83/4.73/4.63 4.98 mmbtu

    long 5.03 5.13/5.23/5.33 4.98sugar short 539 527/15/03 545 tonne

    long 551 563/75/87 545

    world indices weekly levels 28th june / 2nd july 2010index go entry targets stoplossdow jones index short 10040 9945/9850/755/660 10135

    long 10135 10230/325/420/515/610 10040nasdaq composit short 2206 2182/58/34/10 2230

    long 2230 2254/78/2302/26 2206s&p 500 short 1066 1045/24 1076

    long 1087 1108/29 1076FTSE short 5080 5015/4950/4885/20 5145

    long 5145 5210/75/5340/5405/70 5080nikkei 225 short 9720 9640/560/480/400 9800

    long 9880 9960/10040/120/200/280/360 9800australia ordinary short 4460 4425/4390/55/20/4285/50 4495

    long 4495 4530/65/4600/35/70 4460hang seng short 20550 20360/170/19980/790/600 20740

    long 20740 20920/21110/300/490 20550shanghai composit short 2495 2470/45/20/2395/70/45 2520

    long 2545 2570/95/2620/45 2520

    NIFTY VIEWNifty has support 5200 resistance 5350 market look weak in this

    week & may reach 5175

    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

    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

    Nifty

    Sup. 5200

    SOME STOCKS FOR BUYING

    SCRIPT SUP. SL TARGET

    TECHM 700 680 800

    IBREAL 150 140 170

    MARUTI 1340 1300 1400

    MOSERBEAR 62 58 72

    JPPOWER 68 64 75

    RELIANCE 1040 1030 1100

    DLF 280 270 300

    SUZLON 569 54 65

    ABAN 700 650 800

    SHORT SELL ON RISE1) WIPRO 400 STOP LOSS 410 TARGET 360

    2) ALLHBADBK 160 STOP LOSS 164 TARGET 150

    3) BIOCON 320 STOP LOSS 328 TARGET 310300

    4) HDFC LTD 2975 STOP LOSS 3025 TARGET 2875

    NIFTY IN CORRECTION MODE

    TOCUH 5150 ,SENSEX CAN

    FALL ANOTHER 400 POINTSS e n s e x

    (17,574.5)

    The bear-squeezedid not happen.Instead, the bearswrested control fromthe bulls before theSensex could slip pastthem to a new yearlyhigh. Resurfacingconcerns regardingthe pace ofg l o b a le c o n o m i cr e c o v e r yp r o v i d e dbears witht h e

    ammunit ionto thwart therecovery instock prices.The Sensex along withits other Asian peerswas relativelyresilient and managedto end the week 3points higher.

    Indian stocksmainly jived to globaltunes thoughmounting worries onthe inflation front andexpectation of

    another policy ratehike contributed to

    the muted stock pricemoves last week.Foreign institutionalinvestors were netbuyers for most of lastweek, while domesticinstitutions keptincessantly selling.

    Volumes were highespecially on the day

    of the expiry. Highindex put call ratio onFriday implies thatmost of the shortpositions have beenrolled over, that is thebears are expectingthe decline in stockprices to continue.July derivative seriesbegins on a veryheavy note with open

    interest above Rs lakh crore, whic

    means more volatilitin the month ahead.M o m e n t u m

    indicators in the dailchart are reversinlower but thecontinue in the bulliszone denoting thadespite the pull-baclast week, the uptrend

    from May 25 lowhas not ended yetWeekly oscillatorare stit a n t a l i s i n g l ypoised in neutra

    zone implying thaa break-out ipossible in eithedirection. The doj

    formation in thweekly candlesticchart furthereinforces thambivalent shortterm view.

    The Senserecorded the peak o17,919 beforreversing lower todecline to 17,54

    Continue on .....7

    The biggest news ofthis week was the outcomeof the EGOM meet on petroproducts. Govt has finallymade up its mind and de-

    regulated petrol fully whilediesel prices have goneup by 2 Rs per liter. Even- the holy cow keroseneand cooking gas priceshave been increased by 3Rs per liter and 35 Rs percylinder.

    There is going to be avery strong backlash butPM is going to be away atG20 meet and a week laterwhen he comes back .He must be hoping .That the anger will havesubsided.

    Govt controlled petrocos have moved upsharply but upstream coscan see some correctionas some of the govt bur-

    den of subsidies will bepassed on to them even-tually.

    N o wthere is animminent danger of ratehike of 0.5 % by RBI andmost rate sensitive sec-

    tors have come underpressure. This will cap theupside for the time being.Next week should bemostly down to sidewaysunless we have somebumper overseas cues.

    Now no fresh triggersfor our markets till somespeculation starts aboutfirst quarter results. But thatis still two weeks away .Till then we will tango theDOW beat

    Some American bankshave issued directives totheir traders not to take anyexposure beyond June2011. this will cause asmall ripple amongstcounterparties who areholding BP medium / longterm paper. We have towatch this space very care-

    Trading levels28th June / 2nd

    July 2010fully.

    If you want nifty intra /weekly trading levels youwill have to become paid

    member of NIFTY group.Please remember

    CAPITAL is always scarceand needs to be re-spected.

    THE NEW NIFTYGROUP HAS BECOMEA PAID GROUP FROM9TH APRIL.

    h t t p : / /finance.groups.yahoo.com/group/sumamura-nifty/I am now available on ya-hoo messenger on mostof the trading days and youcan add me on your yahoomessenger. My yahoo id ismadhavranade1

    Please call me if youhave any doubts or youneed levels for some other

    stock. I am available on09371002943 or [email protected]

  • 8/9/2019 Ter Englih Issue 18 Yr 3

    12/20

    27-06-2010 to 03-07-201012

    NAME : NIFTY

    BUY ABOVE : 5280RES-1 : 5310RES-2 : 5342RES-3 : 5346SELL BELOW : 5280SUP-1 : 5248SUP-2 : 5206SUP-3 : 5160

    NAME : BANK NIFTYBUY ABOVE : 9485RES-1 : 9535RES-2 : 9580RES-3 : 9650SELL BELOW : 9485SUP-1 : 9445

    SUP-2 : 9342SUP-3 : 9275

    NAME : SUN PHARMABUY ABOVE : 1790RES-1 : 1818RES-2 : 1827RES-3 : 1848SELL BELOW : 1790SUP-1 : 1775SUP-2 : 1763SUP-3 : 1749

    NAME : CESCBUY ABOVE : 374

    RES-1 : 381RES-2 : 388RES-3 : 391SELL BELOW : 374SUP-1 : 365SUP-2 : 360SUP-3 : 351

    NAME : ABGSHIPBUY ABOVE : 268RES-1 : 274RES-2 : 282RES-3 : 289SELL BELOW : 268SUP-1 : 260

    SUP-2 : 256SUP-3 : 242

    NAME : GSFCBUY ABOVE : 240RES-1 : 245RES-2 : 252RES-3 : 258SELL BELOW : 240SUP-1 : 235SUP-2 : 227SUP-3 : 218

    DR. DIPESH GOHIL

    Mo. 9727990980

    [email protected]

    OUR PERFORMANCESTOCKS REC. HIGH TGT

    PRICE /LOWNIFTY 5260 5377 3 TAR. ACHVD.BANK NIFTY 9535 9779 3 TAR. ACHVD.DLF 2 8 2 2 94 3 TAR. ACHVD.MARUTI 1350 1387 2 TAR. ACHVD.

    PATNI 56 0 5 3 4 3 TAR. ACHVD.A MBU JAC EM 117 1 2 0 2 TAR. ACHVD.

    WE WEL COME ADVERTISE FOR THIS PLACE

    NCC EXPEDITION FLAGGED INNew Delhi: Asadha

    03, 1932June 24, 2010The NCC

    C a d e t sachieved arare feetsummittingG a n g o t r i - Ipeak at aheight ofapproximate22,000 feet.A group of 14NCC boyCadets ledby Major KS Dhami,summitted the peakon 17th of this month.The groupencountered adverseweather conditionsincluding heavy snowfall and blizzards

    during the course ofthe expedition,however, their

    tenacity and ableleadership saw themsurmounting allchallenges.

    This is for the firsttime that NCC cadetshave scaled Gangotri-I.Though the height is

    about 22,000 feet, it itechnically challenging andinteresting peak.

    The expedition waflagged in by theDefence Secretary ShrPradeep Kumar iNew Delhi, today. Hlauded the younmembers for theidisplay of thmountaineering skillsindomitable spirit ando u t s t a n d i nleadership qualities.

    Earlier in his welcomeaddress, Lt Gen RK KarwaDGNCC welcomed thNCC expedition team andgave out an account ofuture adventuractivities plans of theNCC.

    Hult International Business School transforms MBA studentsinto working consultants via Action Learning Program;Duracell, Xerox, Pfizer, and the Financial Times among

    companies participating in real-world management exercise(LondonJune 23,

    2010) Even beforereceiving their MBAdegrees, students atHult InternationalBusiness School mustshowcase their hard-earned strategicmettle. Hults ActionLearning Program(ALP), a real-worldmanagement exerciseoffered at theconclusion of the HultMBA experience, letsstudents flex theirmanagement muscle by

    providing blue-chipcorporations withpractical solutions toexisting problems.

    We challenge ourstudents to develophands-on managementskills that will servethem well in ani n c r e a s i n g l ycompetitive globalmarketplace, said HultPresident Dr. StephenHodges. Hult not onlyprovides a solid

    academic program, butan opportunity to takewhat is learned in theclassroom directly intoa real-life scenario.

    Duracell, Xerox,Pfizer, and theFinancial Times areamong the companiesparticipating in thisyears ALP, which willtake place on Hultscampuses in Boston,London, and Dubai. ALPteamsconsisting offour to six studentscompete to provide

    clients with innovativesolutions and ideas forgrowth. At theconclusion of theproject, each studentteam presents aproposal for action torepresentatives of theclient organization.

    The ALP, which waslaunched in 1964 andhas been identified byForbes as highlydistinctive and in thetop five MBA programs

    in the United Stateshas drawn manindustry leaders in thpast, including IBMSylvania, and SherwiWilliams.

    The solutionpresented to thescompanies, createdunder the guidance of aHult faculty advisoroftentimes resonatlong after thparticipating studentgraduate from Hult.

    The programcontinues to be a source

    of creative andinnovative ideas fromwhich BAE Systems widevelop futurb u s i n e sopportunities, saidLarrie Cable, VicPresident, Innovatioand Growth, BASystems. There are fewopportunities in whicsponsors and studentcan gain so much mutuaexperience and benefit.

  • 8/9/2019 Ter Englih Issue 18 Yr 3

    13/20

    27-06-2010 to 03-07-2010 13

    NIFTY SPOT BULLISH: LONG AFTE CORRECTION

    GUJARATI HARD COPY AVAILABLE IN GUJARAT AND MUMBAI

    In previous week,nifty spot got somecorrection and someprofit booking wasseen at the weekend.In next week, there are

    also chances of

    correction. Now thismovement showssome bullish rally till5800 level. Investors

    may long nifty spotafter thuresday i.e.weekend. Oil stocksflared up after

    government's nod fora hike in fuel prices,but stocks across othersectors tumbled onpressure. Weakness inglobal markets amid

    concerns about globaleconomicrecoveryh u r tsentimentto anotableextent.I C I C IBank,S B I ,HDFBA,

    Sterlite, M&M, HDFC,M&M, Jindal Steel,Wipro and Tata Motorslost 2% - 3.5%. TCS,

    HUL, L&T, Infosys, DLF,Tata Power, Hindalcoand ITC also endedwith sharp losses.

    BPCL, HPCL and IOCended with heftygains. ONGC, RNRL,Essar Oil and AbanOffshore also closedon a strong note.

    Reliance Capital, IdeaCellular, RPower,Suzlon and Power Gridended on a firm note.Buy & Hold Mahindra &Mahindra and MarutiSuzuki if looking atmedium to long term.Short term players canexit at rallies and buythese stocks again laterin a phased manner.Concerns about globaleconomy will triggermore rounds of sellingin the near term.

    Investors long inquality stocks with along term view can usesharp falls to increase

    INTERNATIONAL INSTRUMENTS

    Continue on .....14

    exposure. Retailinvestors with no bigappetite for risk woulddo well to staycautious. Hold INGVysya Bank (Rs 327)

    and add smallquantities in astaggered way atdeclines. KarnatakaBank, Federal Bank andYes Bank can also bepicked up at declines.Buy Godrej Products(Rs 343) and hold witha stop loss near Rs 320if looking at short term.Investors with a longterm view can buy thestock at declines. BuyUsha Martin (Rs 85) fora near term target of Rs

    92 - 95. Long terminvestors can hold thestock and buy more ofit on dips. BirlaCorporation (Rs 363)can be bought forsome short term gains.

    Exit at Rs 375 levels andpick up the stock againon dips for mediumterm. Birla Corporation(Rs 363) can be boughtfor some short term

    gains. Exit at Rs 375levels and pick up thestock again on dips formedium term. Buy &Hold Dabur India (Rs201) and buy more insmall quantities ondips. Medium terminvestors can holdwith a stop loss aroundRs 170. Thermax (Rs714) could faceresistance at Rs 740 -750. One can exit thecounter at that leveland buy the stock again

    on dips. Short tomedium terminvestors can hold thestock with a stop lossnear Rs 660. Buy Jet Air(Rs 551) for some shortterm gains. Long term

    investors can boosome profits at rallieand re-enter thcounter again on dipsIndusInd Bank (Rs 199could drift down to

    around Rs 193 in intraday trades. One with good appetite for riscan sell the stock nowHave a stop loss at R203.

    Buy ExidIndustries (Rs 130) adeclines for short tomedium term. Traderlooking at very shorterm can try the stocat current levels andhold with a stop loss aRs 120. Buy & HoldGMR Infrastructur

    (cmp Rs 58) and bumore of it at declinesThe stock is a goodone for long term. Afairly sharp upmove ion the cards even ovea short run.

  • 8/9/2019 Ter Englih Issue 18 Yr 3

    14/20

    27-06-2010 to 03-07-201014

    A MULTY ANALYST WEEKLY ON LINE

    Cont. from Pg. 13Trading Guide

    NIFTY SPOT:-

    In this week, there will have somecorrection up to 5225/5189/5094.Investors can make long position onthe weekend for the levels of 5297/5346/5382. As per daily MACD indicator,nifty spot looks bullish.

    PUNJLOYD:-

    Dont be long for long term

    investment. There are somestrong supports like 121/114/103and resistants like 136/149/166. Ifany investor wants to makeposition for long term, it is notadvised to be long at currentprice.

    RELCAPITAL:-Risk takers can short below 765

    for the target of 741 with thestoploss of 779. There are some

    strong supports l ike 764/740/722and resistants like 771/789/803.Daily moving average is belowprice line, it shows somecorrection in next weeks.

    RELIANCE:-This scrip looks bullish as per

    seeing moving average and dailyMACD indicator. There are somesupports like 1055/1040/1029and resistants like 1071/1088/1105. Risk takers can buy thisscrip for medium term duration.

    GOLD AUG MX:-For the medium term, looks

    bullish for investors. Both sidemovements can be seen betweeinternational gold and Indian goldThere are some strong supports lik18650/18560/18330 and resistants like18915/18988/19135.

    SILVER JUL MX:-

    For investment purpose, whetheit is physical of in demat, thicommodity is better option thaothers. For medium term, thicommodity looks bullish and traderare advised to trade like buy then selThere are some strong supports lik29610/29489/29337 and resistants like29890/29960/30085.

    Cont. from Pg. 17Eagle Offer

    servicing capabilities,including custody andfund services,securities lending,

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    BNY Mellon is thecorporate brand of TheBank of New YorkM e l l o nCorporation (NYSE:BK). BNY Mellon is aglobal financialservices companyfocused on helpingclients manage and

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    Wall street ends mixedDow Jones lost 9

    points or 0.1% to10,143.81, S&P 500gained 3 points or 0.3%to 1076.76 and theNasdaq compositegained 6 points or 0.3%to 2223.48.

    Stocks rallied onFriday, as the broadermarket was mixed atthe end of a down weekon Wall Street.

    Dow Jones lost 9

    points or 0.1% to10,143.81, S&P 500gained 3 points or 0.3%to 1076.76 and the

    Nasdaq compositgained 6 points or 0.3%to 2223.48.

    Asian markets werdown; Japan's Nikkei fe1.9%, and Hong Kong'Hang Seng fell 0.2%.

    U.S. light crude ofor August deliverrose $2.11 to US$78.62a barrel on the NewYork MercantilExchange.

  • 8/9/2019 Ter Englih Issue 18 Yr 3

    15/20

    27-06-2010 to 03-07-2010 15

    GET SUCCESS IN STOCKMARKET, VISIT OUR WEB

    Dinesh

    NagpalPh: 9830039085

    EMail: [email protected]

    BUY TULIP, UNITED PHOS-

    PHORUS AND MRPL

    T U L I P

    TELECOM (853)After a sharp spike in

    end MAY, the stock hasretraced back to keylevels and is seeingsteady volumes here.Accumulate for a targetof 1000 with a stop loss825.

    U N I T E D

    PHOSPHORUS

    (191) The stock hasgiven a

    v o l u m ebreak outabove 185 inw e e k l ycharts. Buyfor a targetof 235 with astop loss of

    1 7 5 .It is the leading globalproducer of corp

    protection products,speciality chemicals andindustrial chemicals.Only Indian Co whichhas a presence in seedsfor crop protection and

    post harvest withpresence in 120countries and revenuecoming equally from allcontinents.

    MRPL (73.30)The stock has given afresh break out withvolumes.In the F&Osegment the stock hasbeen seeing shortcovering since the last 3days. The stock hasgiven a buy signal fora 1st target 77 in theshort term with a stop

    loss of 70. In the longterm the stock can touch110. With the Govt goingahead with decontrol offuel prices the stock isalso a very goodfundamental investmentwith high GRMS.

    Market is expected to consolidateMarket is expected to consolidateMarket is expected to consolidateMarket is expected to consolidateMarket is expected to consolidate

    for some time before next up movefor some time before next up movefor some time before next up movefor some time before next up movefor some time before next up moveSTOCK TALK FOR

    THE SHORT TERM

    CROMPGREAV:This scrip is looking

    good on charts and ison verge of a bullishbreakout in dailycharts. Buying isadvised ond e c l i n e saround 245-250keeping a stoploss below 235on daily closingbasis andincrease buyquantity once itcrosses 258 for shortterm target of 270.

    DLF:This counter facesstrong resistancearound 294. Buying isadvised only if itmanages to cross thislevel or on declinesaround 265 keeping astop loss below 255 ondaily closing basis fortarget of 315.

    IVRCLINFRA :On verge of a

    bullish breakout above188. Short term tradersshould go long in the

    counter as and when itbreaks past itsresistance of 188 fortarget of 200 in theshort term. Maintain astop loss below 181 ondaily closing basis.

    RANBAXY :Chart structure of

    the scrip suggests thatafter minor

    consolidation the scripcould target 480-490 inthe short term. 430should act as a shortterm support.

    RCOM :Explosive move is

    expected in this

    counter once itmanages to move past196. Close above 196

    would bring hoards ofbuyers in this counterwhich could take it to225 in few tradingsessions.

    RELCAPITAL :The scrip gave

    intraday bullishbreakout on Friday butlater lost some grounddue to late selling inthe market. Short termtraders can accumulateon declines keeping astop loss below 745 ondaily closing basis fortarget of 805, 815.

    MEDIUM TERM

    PICKS

    NATCOPHARMA :This Hyderabad

    based company scrip islikely to out performthe market in themedium term.Technically the chart

    structure is very goodand is must buy on anydips. Short to mediumterm traders areadvised to accumulate

    the scrip in the 165-185 range for target of225 in 3 months.

    SHASUNCHEM :Medium term

    traders are advisedto accumulate thisscrip. Some positivedevelopments areexpected in thiscounter in themedium term whichshould dr ive thestock pr ice upAccumulate the scrip

    at current price andon decl ines fortarget of 110 in 3months.

    DERIVATIVE

    PICKSCROMPGREAV FUT

    :Buy above 259 with

    a stop loss below 254on daily closing basisfor target of 270, 280 inJuly

    HINDPETRO FUTAfter the steep risethat was seen on

    Friday on hugevolumes this becomesa strong buy for theJuly series. Buying isadvised on declines to380-390 and increasebuy quantity once itcrosses 410 for targetof 500+ in July.Maintain a strict stoploss below 355NIFTY SUPPORT 5216/5163

    RESISTANCE--5322/5442SENSEX

    SUPPORT17439/17217RESISTANCE17696/17934)Technically sensex

    looking sideways forcoming days . Thenext major Resistancelevel o f sensex i s17934. Target andStop loss for clientsonly.

    NIFTY

    SUPPORT

    5216/5163RESISTANCE5322/5442Technically Nifty

    is a lso look ingsideways for comingdays. The next majorStrong Resistance inthe nifty is above 5442mark. Nif ty futureTarget and Stop lossfor clients only.

    GRASIM

    LIMITED

    SUPPORT1711

    RESISTANCE1876BU YS t o c k

    looking strongTechnically .I n d i c a t o r sshowing good upmove for next few

    days. Traders canBuy cash and future

    for short term. Targetand Stop loss only forClients.

    IDEA LIMITED

    SUPPORT47

    RESISTNCE64

    BU YStock is

    looking great tobuy for shortte rm t radersand investors.Traders canBuy cash and

    future. Target andStop loss on ly fo r

    Clients.

    SHORT

    TERM

    TRADINGCALL

    S T R O N GT E C H N I C A LBREAKOUT - -KEEP STOPLOSSALSO BUY-----

    ( BSE

    CODE--

    530773 )

    IVRCL LTD

  • 8/9/2019 Ter Englih Issue 18 Yr 3

    16/20

    27-06-2010 to 03-07-201016

    IF NOT AVAILABLE IN MUMBAI CALL OUR DISTRIBUTOR : PHONE (022)30224757

    NIFTY RANGE EXTENDED NIFTY NOW IN A RANGE OF

    5180-5400 YOU MAY SEE DOWNSIDE UPTO 5235-5180DEAR FRIENDS OF

    THE ECONOMICREVOLUTION,

    NIFTY NAMASKAR,NIFTY WILL SCALE

    BACK UPTO 5350 THATNO ONE CAN PREDICT

    BUT DEAR FRIENDSTHIS IS ALL ABOUTSTOCK MARKET

    ALWAYS EXPECTUNEXPECTED FROM

    THE STOCK MARKET BUT WHY NIFTY WAS

    ABLE TO SUSTAINABOVE 5300 SO DEARFRIENDS WE ALLKNOW THAT FII DIIAND BIG PLAYERSKNOWS THAT ATWHAT LEVEL WHAT ISTHE POSITION IFSOME ONE CHECKINGF&O DATA ASK THEWHAT WAS OPENINTEREST LEVELBEFOR EXPIRY DAYAND THAT IS WHYFRIENDS AGAIN I AM

    SAYING MARKETWILL RUN ONTECHNICALS ONLY.

    NOW WE ARE INJULY YEAR 2010 HADFINISHED 6 MONTHSNOW IF YOU HADINVESTED IN INDEXFUND YOUR RETURNWILL NOT BE EVEN2% IN JANUARY 2010NIFTY WAS AT 5310

    AND IN JUNE 2010 ENDNIFTY AT THE LEVEL OF

    5270 SO NOW WHAT

    THE MARKET DID INLAST SIX MONTHSNOW YOU TELL MEFRIENDS I TOLD YOUWELL IN ADVANCE INJANUARY 2010 THATYEAR 2010 WILL BE THEYEAR OF TRADERS BUTSTOCK SPECIFIC ISDIFFERENT GAMEALTOGETHER AS I WASHIGHLY BULLISH ONCONSUMER DURABLE

    LIKES OF ASAIN PAINTS

    , TITAN , HITACHI , VIPIND , HAVELLS , JVLAGRO , PAREKHALUMINEX ,CROMPTON GREEVE ,SINTEX YOU JUST

    WITH THE EFFECT OF FULE

    PRICE HIK E WE MAY SEEDIPS IN AUTOS METAL A ND

    BANK S DONT BE IN HURRY

    TO BUY T HIS STOCKS YOU

    WILL ST IL L F IND LOWER

    LEVELS.

    S TOCKS MARKETS ARE ALL ABOUTDISCONTINUITY AND CREATIVE

    DESTRUCTION FROM TIME TO

    TIME DIFFERENT SECTORS

    DOMINATE INVESTOR INTEREST.

    SO NOW WE CAN NOW ITS TURN

    OF OIL & GAS SECTOR LETS SEE

    ONLY TIME WILL TELL.

    NAME IT BUT IT HAS TOBE CONSUMERDURABLE JUST CHECKLAST 6 MONTHS DATAALMOST 100% RETURNIS THERE IN THIS KINDOF STOCKS WHAT ELSYOU WANT STILL JUSTBUY THIS STOCKS INCONSUMER DURABLSECTOR ON DIPS.

    AGAIN I AMREPEATING THE SAMTHING WE ARE IN AFINANCIAL JUNGLWHERE THE RULES ARCHANGING ALL THTIME INVESTORS ANDTRADERS NEED TOLEARN HOW TO PLAYBY THE NEW RULE ANDYES ENJOY THE GAME

    Sr_ Scrip Close Trade Price Tgt 1 Tgt 2 Tgt 3 Stop

    No Name Price Type Range Loss

    TRADING LEVEL -19-June-2010

    1 NIFTY 5 2 6 9 B U Y 5180 -5210 5 2 5 0 5 2 7 5 5 3 5 0 5 1 5 02 NIFTY 5 2 6 9 SELL 5345 -5370 5 3 1 0 5 2 7 0 5 2 3 5 5 4 1 2

    3 Bank Nifty 9 4 5 1 SELL 9420 -9500 9 3 8 0 9 3 3 5 9 2 8 0 9 5 2 0

    4 Bank NIfty 9 4 5 1 B U Y 9150 -9200 9 2 8 0 9 3 3 5 9 4 0 0 9 0 8 0

    5 A C C 8 6 1 B U Y 835 -8 42 8 5 0 8 5 8 8 6 4 8 2 8

    6 ASHOK LD 62 .5 SELL BELOW 6 2 61 .2 60 .3 5 8 6 3

    7 AXIS BANK 1 2 4 9 B U Y 1180-1210 1 2 3 5 1 2 5 0 1 2 6 8 11 7 2

    8 B O B 6 9 3 B U Y 654 -6 60 6 6 8 6 7 2 6 8 0 6 4 8

    9 BHARAT FORGE 2 9 0 SELL 290 -2 93 2 8 7 2 8 4 2 7 8 2 9 8

    1 0 B PC L 6 2 0 B U Y 580 -5 90 6 1 0 6 2 0 6 3 5 5 6 5

    11 BHARTI AIRTEL 2 6 3 BUY ABOVE 2 6 8 2 7 1 2 7 4 2 7 8 2 6 2

    1 2 B I O C O N 3 2 1 SELL BELOW 3 1 9 3 1 5 3 1 2 3 0 9 3 2 8

    1 3 CHENNAI PETRO 2 5 0 B U Y 250 -2 54 2 6 0 2 6 4 2 7 0 2 4 2

    1 4 GLAXO 2 1 7 4 B U Y 2150 -2180 2 2 1 0 2 2 5 0 2 3 0 0 2 1 2 0

    1 5 HD F C 2 9 3 5 SELL 2930 -2950 2 9 0 0 2 8 8 0 2 8 5 0 3 0 1 0

    1 6 ICICI BANK 8 5 6 B U Y 790 -8 10 8 3 0 8 4 5 8 6 8 7 8 0

    1 7 I O B 1 0 4 SELL 104 -1 06 1 0 2 1 0 0 9 7 1 0 8

    1 8 KOTAK BANK 7 5 0 B U Y 720 -7 30 7 4 0 7 5 5 7 6 8 7 1 0

    1 9 LT 1 7 5 9 B U Y 1680 -1710 1 7 3 0 1 7 5 0 1 8 0 0 1 6 5 0

    2 0 M & M 6 1 3 B U Y 590 -6 00 6 1 0 6 1 8 6 2 4 5 7 8

    2 1 MPHASIS 5 7 0 B U Y 560 -5 70 5 8 0 5 8 8 5 9 4 5 5 4

    2 2 ONGC 1 2 6 3 B U Y 1220 -1240 1 2 5 2 1 2 6 4 1 2 8 0 1 2 0 8

    2 3 OFSS 2 2 0 0 B U Y 2180 -2200 2 2 2 8 2 2 4 8 2 2 6 5 2 1 6 8

    2 4 RANBAXY 4 5 1 B U Y 430 -4 35 4 4 0 4 4 4 4 5 2 4 2 4

    2 5 S B I 2 3 0 0 SELL 2290 -2310 2 2 7 5 2 2 5 8 2 2 3 0 2 3 3 5

    EGoM finally doesit...petrol, diesel prices togo up EGoM finally doesit...petrol, diesel prices to

    go upThe EGoM meeting, which had

    been inconclusive in the past hasfinally met and decided to freepetrol prices from government

    control.The government has f inal ly

    b i t ten the bul let . The EGoMmeeting , w hich had beeninconclusive in the past has finallymet and decided to free petrolprices from government control.

    In a surprise move, the price ofkerosene, which was untouchedfor over eight years was hiked byRs3 a litre. LPG prices have beenhiked by Rs35/unit.

    Diesel prices have been beincreased by Rs2/Lit with thepromise that it would eventuallybe market driven.

    While this move wi l l be abooster for the fiscal situation inthe long term, it could prove tobe inflationary in the near term.

    Petroleum Secretary SSudareshan said under-recoveryon petrol is around Rs70bn. Carusers will be spending only Rs200extra per month, he added.

    Petroleum Minister Murl iDeora sa id the pr ice h ik e onpetrol would be around Rs3.50per litre.

  • 8/9/2019 Ter Englih Issue 18 Yr 3

    17/20

    27-06-2010 to 03-07-2010 17

    GET LIVE ADVISE OF STOCKMARMET BY SMS IN ONLY RS.1000

    MAJ GEN PRAMOD BEHL TAKES OVER AS

    DIRECTOR GENERAL (RESETTLEMENT)New Delhi: Asadha

    03, 1932June 24, 2010Major General

    Pramod Behl has takenover as the Director

    G e n e r a lR e s e t t l e m e n t(DGR). He is analumnus of NationalDefence Academy,Khadakwasla, Puneand wascommissioned inthe GRENADIERSRegiment of Infantryin 1976.

    Major General Behlhas held variousi m p o r t a n tInstructional, Staff andC o m m a n d

    appointments. He is aPost-Graduate fromthe Defence ServicesStaff College,Wellington. MajorBehl, a post graduatein Defence Studies and

    an M. Phil, hasundergone a largenumber o


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