Sensex

Monday, September 03, 2007

$$ DreamGains !! $$ FW: PowerYourTrade Trading Calls

 

 

From: mailer9-bounces@mailman3.moneycontrol.com [mailto:mailer9-bounces@mailman3.moneycontrol.com] On Behalf Of PowerYourTrade
Sent: 04 September 2007 08:54
To: alerts@poweryourtrade.com
Subject: PowerYourTrade Trading Calls

 

Trading Calls for 04th September 2007

Ashwani Gujral

Buy RNRL with a stop loss of Rs 41 for a target of Rs 66.

Buy RNRL with a stop loss of Rs 41 for a target of Rs 66.

Disclosure: Neither me, nor my family nor our clients have any position in the above stock. However we run a substantial newsletter, chatroom and money mgmt business and this can change at any time in the future.

Buy IDBI with a stop loss of Rs 122 for a target of Rs 152.

Buy IDBI with a stop loss of Rs 122 for a target of Rs 152.

Disclosure: Neither me, nor my family nor our clients have any position in the above stock. However we run a substantial newsletter, chatroom and money mgmt business and this can change at any time in the future.

 

 

Rajat K Bose

Buy BEL with stop loss below Rs 1734 for target of Rs 1774 and Rs 1790. This is a day trading recommendation.

Buy BEL with stop loss below Rs 1734 for target of Rs 1774 and Rs 1790. This is a day trading recommendation.

Note: Either on the long side or on the short side if at any moment a counter is not moving beyond an initial or interim target to the final target book profits. Once initial target is crossed, you can use that as your trailing stop-loss level.

Notes:

·  All prices relate to the NSE, unless otherwise mentioned.

·  Calls are based on the previous trading day's price activity.

·  The call is valid for the next trading session only unless otherwise mentioned.

·  Stop-loss levels are given so that there is a level below/above, which the market will tell us that the call has gone wrong. Stop-loss is an essential risk control mechanism; it should always be there.

·  Trading involves considerable risk. Trade at your own risk to the extent you are comfortable. The analyst shall not be responsible for any losses incurred for acting on these recommendations.

Disclosure:The analyst and his family do not have any trades in the securities recommended above at the time of giving this recommendation. His newsletter clients have been recommended the same along with other picks. Traders are requested to adhere to the stop losses very strictly; they are given to be implemented, not ignored. Do not chase a security and take a position where you would be uncomfortable with the stop-loss level. Take a position only when you feel that the risk-reward ratio looks comfortable and favourable for the trade.

 

 

E Mathew

Buy KIC Metaliks with stop loss of Rs 61 for short term (3 months) target of Rs 107.

Buy KIC Metaliks with stop loss of Rs 61 for short term (3 months) target of Rs 107.

Disclaimer: - I my family members and my group companies do not have any position what so ever in KIC METALIKS. This stock has been recommended to our clients and they may be holding long or short positions in this stock.

Mathew Easow and matheweasow.com gives an unbiased and competent picture of trading opportunities and it does that to the best of its abilities. However, prices can move up as well as down due to number of factors, all of which are impossible for anyone to foresee. THEREFORE, Mathew Easow and matheweasow.com cannot accept any responsibility for any investment decision or trading decision taken by readers and clients on the basis of information contained herein.

Short Term Target Means - Approximately 3 Months.

Medium Term Target Means - Anything between 7 - 9 Months.

Long Term Target Means - Anything above 1 Year.

Please follow stop losses very strictly and do not take positions where one is uncomfortable with the stop loss level. Above all Buy or Sell the stock only when the risk - reward ratio vis-à-vis the stop loss is favourable for taking a position.

 

 

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$$ DreamGains !! $$ FW: Sharekhan Post-Market Report dated September 03, 2007

 

 

From: The Sharekhan Research Team [mailto:marketwatch@research.sharekhan.com]
Sent: 03 September 2007 15:35
To: The Sharekhan Research Team
Subject: Sharekhan Post-Market Report dated September 03, 2007

 

 

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Visit us at www.sharekhan.com

 

September 03, 2007

 

Index Performance

Index

Sensex

Nifty

Open

15,401.99

4,466.65

High

15,427.16

4,490.55

Low

15,323.05

4,452.40

Today's Cls

15,422.05

4,474.75

Prev Cls

15,318.60

4,464.00

Change

103.45

10.75

% Change

0.68

0.24

 

Market Indicators

Top Movers (Group A)

Company

Price 
(Rs)

%
chg

Gainers

Adani Enterprises

381.60

11.56

Hinduja TMT

439.40

11.23

Neyveli Lignite

83.60

9.28

Century Enka

128.75

8.79

CMC

1,130.30

8.48

Losers

Exide Industries

61.35

-2.62

GSK Pharma

1,145.80

-2.03

Apollo Tyre

39.80

-1.97

Jindal Stainless

161.30

-1.95

EIH

112.20

-1.84

Market Statistics

-

BSE

NSE

Advances

1,973

850

Declines

746

299

Unchanged

56

11

Volume(Nos)

43.45cr

61.83cr

 Market Commentary 

Rally continues, Sensex gains 103 points

The Sensex extended its rally for the second consecutive week with a gain of 103 points amid upsurge in consumer durable, banking and PSU stocks.

The market exhibited strong optimism for the seventh consecutive session as worries on US subprime mortgage crisis eased and the country's economy grew   

 

unexpectedly during the last quarter. Despite mixed global cues the buoyancy in consumer durable, banking and PSU stocks triggered a major rally across the board. The Sensex started on a positive note and rallied sharply on sustained buying in the Sensex pivotal stocks to touch the day's high of 15,427. While the market remained range bound with a positive bias in the afternoon, it saw hectic buying towards the close and the Sensex finally closed the session with a gain of 103 points at 15,422. The Nifty added 11 points to close at 4,475.

The breadth of the market was positive. Of the 2,775 stocks traded on the BSE 1,973 stocks advanced, 746 stocks advanced and 56 stocks remained unchanged. Among the sectoral indices the CD index led the upsurge with gains of 2.63% at 7,990 followed by the BSE PSU index (up 1.83% at 7,225), the BSE Bankex index (up 1.67% at 7,990) and the BSE HC index (up 1.64% at 3,631).

Movers & Shakers

  • Ganesh Housing Corporation slipped despite planning to set up two more townships with an approximate area of 185 acres and 100 acres.
  • Moser Baer closed in the red despite launching its high- speed BD-R 1-4x high definition recordable discs for the European market at IFA Berlin Trade Show. 
  • Steel Strips Wheels gained on achieving highest ever production of 4.60 lakh wheel rims during August 2007.
    Parsvnath Developers surged on receiving the final notification from the Central Government for the IT / ITES SEZ at Gurgaon.
  • JSW Steel moved up on posting the highest ever crude steel production with a 32% growth in August 2007.


Select heavyweights edged higher on decent buying support. NTPC rose 6.95% at Rs185, Dr Reddy's lab jumped 3.87% at Rs666, Cipla advanced 2.75% at Rs172, BHEL added 2.74% at Rs1,941,ICICI Bank gained 2.56% at Rs907 and ITC gained 1.93% at Rs174. However, select front-line stocks came under selling pressure. ONGC was the major loser and dropped 1.82% at Rs842. Other draggers Wipro declined 1.42% at Rs475, Bajaj Auto dropped 1.01% at Rs2,322 while Bharti Airtel, TCS, Reliance Energy, Reliance Industries and Grasim slipped marginally. 

Over 2.79 crore IFCI shares changed hands on the BSE followed by Bellary Steel (2.16 crore shares), Nagarjuna Fertilisers (1.75 crore shares), Ispat Industries (1.50 crore shares) and Tata Teleservices (1.38 crore shares).

European Indices at 16:15 IST on 03-09-2007

Index

Level

Change (pts)

Change (%)

FTSE 100

6329.00

25.70

0.41

CAC 40 Index

5656.32

-6.38

-0.11

DAX Index

7656.22

18.05

0.24

Asian Indices at close on 03-09-2007

Index

Level

Change (pts)

Change (%)

Nikkei 225

16524.93

-44.16

-0.27

Hang Seng

23904.09

-80.05

-0.33

Kospi Index

1881.81

8.57

0.46

Straits Times

3386.22

-6.69

-0.20

Jakarta Composite Index

2213.57

19.24

0.88

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