Sensex

Wednesday, September 05, 2007

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

 

 

From: mailer9-bounces@mailman3.moneycontrol.com [mailto:mailer9-bounces@mailman3.moneycontrol.com] On Behalf Of PowerYourTrade
Sent: 06 September 2007 08:39
To: alerts@poweryourtrade.com
Subject: PowerYourTrade Trading Calls

 

Trading Calls for 06th September 2007

Ashwani Gujral

Buy United Spirits with a stop loss of Rs 1385 for a target of Rs 1800.

Buy United Spirits with a stop loss of Rs 1385 for a target of Rs 1800.

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 DLF with a stop loss of Rs 590 for target of Rs 730.

Buy DLF with a stop loss of Rs 590 for target of Rs 730.

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

Sell Purvankara when it goes below Rs 371 with stop loss above Rs 377 for target of Rs 362 & Rs 357. This is a day trading recommendation.

Sell Purvankara when it goes below Rs 371 with stop loss above Rs 377 for target of Rs 362 & Rs 357. 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.

Sell VSNL with stop loss above Rs 410 for target of Rs 396 & Rs 387. This is a day trading recommendation.

Sell VSNL with stop loss above Rs 410 for target of Rs 396 & Rs 387. 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.

 

 

 

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$$ DreamGains !! $$ FW: Sharekhan Post-Market Report dated September 05, 2007

 

 

From: The Sharekhan Research Team [mailto:marketwatch@research.sharekhan.com]
Sent: 05 September 2007 15:09
To: The Sharekhan Research Team
Subject: Sharekhan Post-Market Report dated September 05, 2007

 

 

 Sharekhan's daily newsletter

Visit us at www.sharekhan.com

 

September 05, 2007

 

Index Performance

Index

Sensex

Nifty

Open

15,535.35

4,479.60

High

15,580.86

4,507.75

Low

15,407.00

4,458.55

Today's Cls

15,446.15

4,475.85

Prev Cls

15,465.40

4,479.25

Change

-19.25

-3.40

% Change

-0.12

-0.08

 

Market Indicators

Top Movers (Group A)

Company

Price 
(Rs)

%
chg

Gainers

Escorts

105.55

11.63

GIPCL

69.95

8.62

MIRC

19.05

6.13

Exide Industries

64.45

4.88

iGate Global

233.00

4.70

Losers

Ispat Industries

18.75

-3.35

Dena Bank

61.65

-3.22

Adani Enterprises

351.20

-2.90

Tata Elxsi

306.50

-2.74

Finolex Cables

76.15

-2.56

Market Statistics

-

BSE

NSE

Advances

1,436

528

Declines

1,298

599

Unchanged

59

30

Volume(Nos)

36.69cr

53.16cr

 Market Commentary 

Market cools, sheds 19 points

Heavy selling in oil, capital goods and metal stocks triggered a major sell-off and the Sensex shed 19 points during the day.

The market failed to hold on to its first-half gains and buckled under sustained selling pressure in noon trades,  

 

with the index gyrating over 170 points during intra-day trades. Taking cues from positive Asian indices in early trades, the Sensex opened higher at 15,535 and touched the day's high of 15,581 quickly, but sustained selling in index heavyweights dragged the Sensex into the negative territory by afternoon. After zigzagging between the positive and negative territory thereafter, the market gained momentum in the late trades on buying in heavyweights, consumer durables and FMCG stocks. However, profit bookings towards the close saw the Sensex shed the early gains and end the session at 15,446, down 19 points. The Nifty also finally closed the session in the negative territory at 4,476, down three points.

Movers & Shakers

  • Satyam Computer closed in the red despite introducing the Integrated Digital Media Framework (IDMF), a solution accelerator in IFRA Expo 2007 in Chennai.
  • Gayatri Projects closed in the green on securing an order valued at Rs311.89 crore from Keonjhar (R&B) Division, Orissa.
  • L&T slipped despite the company and Paul Wurth of Italy jointly bagged a Rs1,205 crore order from Bhushan Steel Ltd.
  • Shreyas Shipping rallied sharply on acquiring 51% stake in Haytrans (India) Ltd, a international freight forwarding company.
  • Shree Cement closed with a marginal loss despite commissioning its Cement Grinding Unit at Gurgaon and Rajasthan.


The breadth of the market, however, was positive. Of the 2,793 stocks traded on the BSE 1,436 stocks advanced, 1,298 stocks declined and 59 stocks ended unchanged. Most of the sectoral indices of the BSE ended in positive territory. The BSE CD index gained 1.07% at 4,449. However, the BSE Oil & Gas index and the BSE CG index closed marginally down.

Among the Sensex pivotal stocks, Maruti Udyog slipped 2.34% at Rs873, Ranbaxy dropped 1.66% at Rs399, ACC declined by 1.38% at Rs1,082, L&T lost 1.32% at Rs2,589, Bharti Airtel shed 1.20% at Rs849, HDFC slumped by 1.09% at Rs2,037 while, SBI, Bhel, M&M and Reliance Industries closed with marginal losses. However, select few managed to report gains. NTPC moved up by 2.23% at Rs185, Cipla added 1.87% at Rs183, Wipro gained 1.47% at Rs473, Ambuja Cement surged 1.29% at Rs138 and ICICI Bank advanced 1.17% at Rs915.

Over 1.51 crore Nagarjuna Fertilisers shares changed hands on the BSE followed by IFCI (1.04 crore shares), IKF Technologies (97.50 lakh shares), Tata Teleservices (79.74 lakh shares) and Reliance Natural Resources (78.88 lakh shares).

Everonn Systems was the most actively traded counter on the BSE with a turnover of Rs134 crore followed by Reliance Industries (Rs129 crore), Take Solutions (Rs125 crore), Lakshmi Machine Works (Rs124 crore) and Reliance Energy (Rs117 crore). 

European Indices at 16:15 IST on 05-09-2007

Index

Level

Change (pts)

Change (%)

FTSE 100

6338.90

-37.90

-0.59

CAC 40 Index

5619.64

-53.08

-0.94

DAX Index

7673.53

-48.24

-0.62

Asian Indices at close on 05-09-2007

Index

Level

Change (pts)

Change (%)

Nikkei 225

16158.45

-262.02

-1.60

Hang Seng

24069.17

183.10

0.77

Kospi Index

1865.59

-9.15

-0.49

Straits Times

3445.08

69.02

2.04

Jakarta Composite Index

2214.62

-0.50

-0.02

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