3 months ago A news was come that now terrorist may attack on Indian Economy or Share MKT. I want to know that Indian Mkt r regularly increasing without take any right corrections. Can they will see a major fall at upper point? China and India these two countries r those countries which is recover very fast by 2008 to 2009. but china mkt r increasing with conslidation not regularly but with right orrections . On the other hand Indian mkt r increasing continupsll. It also neglecting other economic falls. ...

Friends I m invested in two companies which have low prices(below 40) but may give higher return in long term at least 1 yr. These companies fundamentally r fair. I want urs suggesstions on this companies , if u have know any particular news or any opinion about this companies. Please share them to me Or anyone want to suggest any low price for purchase or Stop loss. Following r the details. Deccan Gold Reserves - 8.84 Debt - 0 Investments - 9.50 Assete - 0.54 Quarte profit - 0.09 loss JIK Industries Reseves - 8.92 Debt - 3.10 Investment - 19.43 Assets - 10.28 Quarter Profit - 1.35 It is engaged in the business of money changing activity (dealing in foreign currencies/travel cheqs), underwriting, merchant banking, lease operations and share trading etc., The company is a Category I Merchant Banker, full fledged money banker and portfolio managers. ...

Yesterday the Perfect - Analyst was rudra_Sinha. Now today Intrady Closing?. Please give ur views:- 1. Dow Jones 13months week high 2. Nifty Future Discount 2.7 (yestrday) 3.Nifty Future Premium 4 - 5 4.Reliance may lead mkt to downside 5.Expiry r about to Near 6. Profit Booking may be high becuase of expiry 7. Any facts for today that u know My Opinion: - I feel that mkt may take U Turn in to positive trend and European mkts after 1.30pm can also direct the mkt. Thankyou. ...

can you post your views on JSL..?...

How U r seeing closing Today Mkt. Considering the following matter: - 1. Expiry r about to near 2. 4900 & 5000 Put options r most active derivative today 3.Profit Booking 4.Mkt r not seeing to cross 5080 level 5.FII selling cash drivatives My opinion is Mkt can fall due to profit booking . Nifty can break 5000 level and sensex can break 17000 level. Its my opinion. Please also share ur opinions in this matter And Chief - Kamani Analysis was perfect for friday mkt. ...

dont invest this type of company its only operator . high risk if sebi give any news its come to paise level. banning news come soon...

This can be bought with a very tight stop loss even currently....

HOT FROM THE PRESS :

* RIL : Moody`s cud downgrade co depending on size of the Lyondell Basell deal & how it is funded

* HINDALCO : co raising Rs29bn via a QIP issue to part-fund 3 new projects

* BANKS : RBI may allow systemically strong Indian banks to increase their
exposure to the capital mkt beyond the current ceiling of 40% of net worth

* REAL ESTATE : Govt considering a proposal to remove 3 yr lock in stipulation for repatriation of foreign investments in SPV proejcts

* HCL TECH : wins 30 yr $200mn contract from UK based insurance provider

* TELECOM : Dept of Telecom considering increasing spectrum usage charge paid
by operators by 1% earning the govt ~Rs 40bn more every yr

* DR REDDY`S : USFDA which recently inspected two mfging plants of co has
cleared one plant and given minor observations at the other

* M&M : to consider effecting a px hike due to rising input costs like rubber &
sheet metal which is pressurising margins

* TCS : CFO says does not expect vol growth in Dec qtr to match Q2 as cos still deciding on IT budgets

* DISH TV : to raise $100mn thru issue of GDRs to PE firm Apollo Management

* TATA MOTORS : exploring buying Actis Capital`s stake in Swaraj Mazda (SM IN)

* JUBILANT ORGANOSYS: enters into drug discovery JV with UAB & Southern Research

Corporate News – Industry trends

* The Securities and Exchange Board of India has asked Reliance
Industries Ltd why the company should not be barred from accessing
the stock markets under rules governing fraudulent and unfair trade
practices, news agencies and television channels reported (BS)

* Arcelor Mittal India has sought approval for a six-mn tonne steel
plant in Karnataka from the single window clearance committee of the
state government, over and above the two 12-m tonne greenfield steel
plants in Jharkhand and Orissa already in the pipeline (BS)

* Sajjan Jindal-led JSW Energy will open its initial public offering
(IPO) on December 7, with the intent to raise Rs 27bn. The issue will
close on December 10. It will be the first IPO from the JSW group in 15
years (BS)

* HCL Technologies has signed a US$200 mn contract with British
insurer Equitable Life for providing end-to-end solutions to the latter,
including policy administration, finance, actuarial services, IT
operational support, quality assessment, data management and call
centre services (BS)

* Hindalco Industries, India’s largest aluminium maker, plans to sell
shares to institutional investors at Rs 130.90 each to raise Rs 29bn this
week. The board of directors met here today to fulfill the formalities
before the issue is opened (BS)

* DishTV, the country’s leading Direct-to-Home (DTH) operator, has
raised US$100 mn through the issue of Global Depositary Receipts
(GDRs) to Apollo Management, a leading alternative asset manager
(BS)

* Pantaloon Retail, the country’s largest listed retailer,raised Rs 5bn by
selling 15.8 mn equity shares to investors at Rs 316 a piece, the
company said in a statement to exchanges (BS)

* VODAFONE has warned against redistributing wireless spectrum that
has already been allocated to mobile phone firms, as the debate over
the overhaul of the rules for the telecom sector gets polarised between
established incumbents and aggressive younger rivals (ET)

* The country`s largest car maker, Maruti Suzuki India, said it will
launch a new van within this fiscal to replace its MPV Versa, whose
production has been stopped. "We will be launching a new van by the
end of this fiscal (ET)

* FIVE domestic commercial banks and two finance companies have
acquired 51% stake in the Indian venture of Experian UK —
Experian Credit Information Company (ET)

* Setting the stage for easier FDI norms in the real estate sector,
the Government is considering a proposal to do away with the threeyear
lock-in stipulation for repatriation of foreign investments in SPV
projects (BL)

* The Adanis-promoted Mundra Port and SEZ Ltd has been awarded
the Letter of Intent for development of non-LNG port facilities at
Hazira, the company announced here recently (BL)

* MNM said it could consider effecting a price hike due to rising input
costs (Mint)

* United Spirits announced the acquisition of Visakhapatnam-based
alcoholic beverages maker Tern Distilleries Pvt Ltd for Rs134.2 mn
(Mint)

* After hitting a trough last year when its two-wheeler sales recorded the
biggest fall in the industry, Pune based two-wheeler major Bajaj Auto
is looking to launch more products in the market in the near term in
the entry and premium class (BS)

Commodity/Money Market News

* After making the Centre back track on the state governments’ liabilities
over the state advised price of sugarcane, the Opposition pressed
the government to make further changes in the order notified on
October 22, to ensure farmers continued to benefit if sugar mills
registered “additional profits” (BS)
...

NIFTY

Over all trend is up and it high of 5079 with extremely volatile. We may expected that the strong support are 4740, as long as hold possible target are higher level 5150-5180-5300 or above. We advise to readers, any decline or panic should be accumulate and excellent buying opportunity. Over all in the Indian market, global cues would be play a important role, as far as the sentiment is concerned, some economic data is also due in the coming week which is watch out.

Today support are 5080 hold, it will test 5150-5160-5180, down side support 5050,below it will test 5000 mark. Any intraday weakness buy side. Weekly trend decider 5021.


BSE

BSE: Short term trend of the Market are remain positive as hold 16000 level, but higher level it will face strong resistance 17400-17500, successfully crossover and closed above another bull move which may go beyond 18500-19000. Long term trend are still good and we expect in 2010 it will test new high.

Today : Support are 17100 and hold non stop target in few sessions are 17400-17500, down side support are 16900 Weekly trend decider 16918.

Dow : Last week Dow recorded a fresh move and almost tested new high of 10438 which is almost achieved . As remain up trend, next intermediate target likely 11000-11300-11500 in near term. On the other hand we consider support 10000 and major support are 9500, below deeper correction can not be ruled out. ...

RELIANCE

Weekly Trend Decider 2117 . Consider resistance are 2150 and crossover looks positive and higher level target are 2250-2300. Today support are 2169 mark.

ONGC

Lower level support are 1100-1110 and decline to buying opportunity. Weekly Trend Decider 1178 For smooth run it must cross and close above 1210, thereafter no hurdle

and big spurt can not be ruled out. Today support are 1175.

TATA POWER

Weekly Trend Decider 1327. Trading range are 1300-1350, break and crossover in either side ... above 1350 close eye....

BHARTI

Weekly Trend Decider 295. Wide trading range of this counter 280 to 320,, breakout range, one side move in either side. Below 280 far and far support are 228.... SUPER

HOT SELL.. do not try to bottom finishing.

BALRAMPUR CHINI

Weekly Trend Decider 137.. Down side support are 118-120 and it should not break... otherwise free fall.


RANBAXY

Weekly Trend Decider 422.Down side support are 400.. below weakness, higher level resistance are 431.... Thereafter it will show more power.


MARUTI

Weekly Trend Decider 1514... any decline to buying opportunity. It will show real strength above 1576.. down side support are 1525..... Long stop loss 1390........

Nifty Future : On week to week basis, strong reversal were seen on Friday trading and almost closed with a green. Overall we may consider support are 4900-4890, below it will test 4840 and major support are 4750. Ultimate target are 5150-5180-5200.

Yesterday High was 5120 and low was 5068. Today likely test support 5090-5080, if break and trade below, lower level target are 5077, 5066, where the buying opportunity, higher level above 5120 and sustained target 5144-5177 can not be ruled out.

{Today Trend Decider - 5090}

Bank Nifty : Trend is still is bullish. Any decline to buying opportunity with consider support 8800-8700. Weekly trend decider 5150 In the Bank Nifty, the December series are traded at premium to Novembmer indicating good carry over and bullish sign .

CNX IT : Today support are 5350, higher level resistance are 5500, above more up side. Weekly Trend Decider 5455.OUR TARGET ARE 5700 + . We think that it could gain if the rupee goes lower again.
...

Infosys Technologies
Buy
Price: Rs2,407 Target Price (Dec 10): Rs2,727

Infrastructure Management – Scaling up

* Infosys’ Infrastructure management services (IMS) practice has
consistently outgrown peers in the past 3 years. Importantly, the
EBITDA margins are in-line with company average and significantly
higher than peers, highlighting Infosys’ ability to grow new
businesses’ at superior margins. With our channel checks pointing
towards acceleration in revenue growth trajectory, Infosys is likely
to outperform, in our view. Retain Buy on Infosys.

* Infrastructure management services (IMS) practice – a
revelation: Contrary to perception of Infosys lagging peers in IMS, we
are positively surprised by a) absolute size of IMS practice
(US$141mn, second largest after Wipro) & b) 10.1% compounded
quarterly growth rate achieved in the past 3 years. Adjusted for the
India business and acquisitions made by peers, we reckon, Infosys IMS
practice may be the largest in the industry.

* Margins at IMS in-line with company average: EBITDA margins at
IMS practice are in-line with the company average (~34%); dispelling
notion of lower margins in new service lines.

* Superior business model driving growth: a) Infosys ability to
convert capital expenditure to operating expenditure, b) transparent
and flexible pricing structure, & c) alliances with hardware and
software vendors. On the back of superior business model, Infosys has
been able to replace global incumbents from existing contracts.

* Revenue growth likely to surprise in FY11/FY12: As highlighted
in our note on Infosys titled “Powering ahead” we believe that revenue
growth is likely to surprise in FY11/12E. Infosys has the highest margin
buffer compared to peers and this should result in superior EPS
growth. We reiterate Buy with a price target of Rs2,727, based on 20x
1 year forward EPS. We remain buyers of tier-1 Indian IT....

Shree Renuka Sugars
Hold
Price: Rs 230 Target Price (Sep’10): Rs210

Gains stacked up, again!

* 4Q09 profits lower than estimates, despite significant trading
profits surprise- Shree Renuka (SRSL) reported 4Q09 adjusted profit of
Rs1.01bn vs. our estimate of Rs1.65bn. Trading profits of Rs0.68bn (vs.
our est of Rs0.15bn) off-set substantially lower profits in sugar, cogeneration
and distillery segments. Sugar sales came in 25% lower than
our estimate on account of 9% lower volume (as SRSL holds 0.30mnt of
white sugar vs. our estimate of 0.18mnt) and 17% lower realisation.
Management acknowledged lower realisation (vs. market prices) was on
account of incorrect timing of sales. This coupled with (a) sugar inventory
valuation at Rs21/kg vs. Rs23/kg our est. (b) lower co-generation and
distillery sales due to lower volumes and (c) forex loss Rs57mn (vs. our est
of Rs148mn of income) led to disappointment in results.

* Cane price guidance surprises, cut our gross spread on cane sugar
by 16-17% in FY10/11E– In line with management guidance, we raise
our sugar realisation assumption by 6% for FY10E to Rs33-34/kg (non-levy
sugar) and cane price assumption by 13% to Rs270/quintal for FY10E. This
leads to gross spread (sugar realisation-cane price) of Rs5.4/kg vs.
Rs6.6/kg earlier. SRSL expects sugar production in India to increase by
~40%, leading to some softness in sugar prices. Therefore, we assume 7-
11% drop (YoY) in sugar and cane prices in FY11, curtailing our gross
spread assumption from Rs6.9/kg to Rs5.8/kg (still reflect higher than
FY10E). We believe inventory gains and higher refinery EBITDA could offset
the cut in cane sugar profitability.

* Raise estimates by 7% for FY10E to reflect inventory profits- We
increase inventory EBTIDA gains for FY10E by Rs2.15bn to Rs3.9bn on
account of higher inventory volume and realisation than our earlier
estimates. We increase our refinery EBITDA assumption by 8-15% for
FY10/11E to reflect higher sugar realisation. We note our current estimates
do not factor in SRSL’s Brazilian acquisition Vale Do Ivai (VDI) in current
estimates as operational and financial details are not yet disclosed.

* Raise target price marginally, maintain Hold– We continue to value
SRSL based on 1 year forward up- cycle multiple of 12x FY11EPS of Rs17.6
and arrive at our Sep’10 target price of Rs210 (from Rs208 earlier) and
hence maintain Hold at current price (potential downside of 10%). We note
that while stock price may track sugar prices in near term, we think
concerns over the longevity/severity of the cycle will eventually emerge,
thus impacting valuation multiple. Key risks to our recommendations are
higher sugar realisation and lower cane price than our assumptions....

The Nifty gained 51 points over the day to close at 5103. The bull
party continued yesterday as well as the indices rallied further
and closed above the resistance levels of 17100/5074 that
provided supply the whole of last week. However the
discouraging aspect of the trading action was the fact that the
markets rallied on low volumes and not-so-great breadth. The
bullish reversal pattern that we had pointed out at 4800 levels a
couple of weeks back saw its target of 5120 almost done
yesterday. The technical set-up remains strong and hence
further upside can be expected in the near term. We still do not
have any topping out patterns on the hourly or daily charts as
yet. Interestingly, the daily oscillators are in buy mode and below
the overbought zone, which is a big positive. The DM/ADX
indicator is setting up for a major buy trigger that should be
confirmed in the next 2-5 days. The ongoing “V” shaped reversal
should take the markets to their Oct 09 highs sometime later this
week. Overall, the ongoing rally should only get stronger with
better breadth and volumes in the days ahead....