Sensex

Monday, November 26, 2007

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

 

 

From: mailer9-bounces@mailman3.moneycontrol.com [mailto:mailer9-bounces@mailman3.moneycontrol.com] On Behalf Of PowerYourTrade
Sent: 27 November 2007 09:17
To: alerts@poweryourtrade.com
Subject: PowerYourTrade Trading Calls

 

Trading Calls for 27th November 2007

Ashwani Gujral

Buy Indian Bank with a stop loss of Rs 156 for target of Rs 240.

Buy Indian Bank with a stop loss of Rs 156 for target of Rs 240.

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 Cinemax India on declines with a stop loss below Rs 121.50 for target of Rs 133. This is a day trading recommendation.

Buy Cinemax India on declines with a stop loss below Rs 121.50 for target of Rs 133. 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 Reliance Petroleum with a stop loss above Rs 211 for targets of Rs 200 and Rs 193. This is a day trading recommendation.

Sell Reliance Petroleum with a stop loss above Rs 211 for targets of Rs 200 and Rs 193. 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.

 

Mathew Easow

Buy Binani Cement only on declines with a stop loss of Rs 100 for a short-term target of Rs 130.

Buy Binani Cement only on declines with a stop loss of Rs 100 for a short-term target of Rs 130.

Disclaimer: - At the time of writing this article, I, my family members and my group companies do not have any position in BINANI CEMENTS. 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 & investment opportunities and it does that to the best of its abilities. The information contained herein is not a complete analysis of every material fact representing the company, industry or security. The views expressed may change. However, prices can move up as well as down due to a number of factors, all of which are impossible for anyone to foresee. THEREFORE, Mathew Easow and matheweasow.com cannot accept any responsibility (or liability) for the accuracy of the above contents and also any investment decision or trading decision taken by readers and clients on the basis of information contained herein.

Short Term Target Means - Approximately 3 -4 weeks.

If the target is not met within 3-4 weeks then please exit the positions.

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-a-vis the stop loss is favourable for taking a position. Individual traders /investors should book profit depending on their risk bearing capacity and need not wait for the targets.

 

 

__._,_.___
Regards

BigGains !!
Recent Activity
Visit Your Group
Yahoo! Finance

It's Now Personal

Guides, news,

advice & more.

Real Food Group

Share recipes,

restaurant ratings

and favorite meals.

Wellness Spot

Embrace Change

Break the Yo-Yo

weight loss cycle.

.

__,_._,___

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

 

 

From: mailer9-bounces@mailman3.moneycontrol.com [mailto:mailer9-bounces@mailman3.moneycontrol.com] On Behalf Of PowerYourTrade
Sent: 27 November 2007 09:17
To: alerts@poweryourtrade.com
Subject: PowerYourTrade Trading Calls

 

Trading Calls for 27th November 2007

Ashwani Gujral

Buy Indian Bank with a stop loss of Rs 156 for target of Rs 240.

Buy Indian Bank with a stop loss of Rs 156 for target of Rs 240.

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 Cinemax India on declines with a stop loss below Rs 121.50 for target of Rs 133. This is a day trading recommendation.

Buy Cinemax India on declines with a stop loss below Rs 121.50 for target of Rs 133. 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 Reliance Petroleum with a stop loss above Rs 211 for targets of Rs 200 and Rs 193. This is a day trading recommendation.

Sell Reliance Petroleum with a stop loss above Rs 211 for targets of Rs 200 and Rs 193. 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.

 

Mathew Easow

Buy Binani Cement only on declines with a stop loss of Rs 100 for a short-term target of Rs 130.

Buy Binani Cement only on declines with a stop loss of Rs 100 for a short-term target of Rs 130.

Disclaimer: - At the time of writing this article, I, my family members and my group companies do not have any position in BINANI CEMENTS. 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 & investment opportunities and it does that to the best of its abilities. The information contained herein is not a complete analysis of every material fact representing the company, industry or security. The views expressed may change. However, prices can move up as well as down due to a number of factors, all of which are impossible for anyone to foresee. THEREFORE, Mathew Easow and matheweasow.com cannot accept any responsibility (or liability) for the accuracy of the above contents and also any investment decision or trading decision taken by readers and clients on the basis of information contained herein.

Short Term Target Means - Approximately 3 -4 weeks.

If the target is not met within 3-4 weeks then please exit the positions.

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-a-vis the stop loss is favourable for taking a position. Individual traders /investors should book profit depending on their risk bearing capacity and need not wait for the targets.

 

 

__._,_.___
Regards

BigGains !!
Recent Activity
Visit Your Group
Yahoo! Finance

It's Now Personal

Guides, news,

advice & more.

Fitness Edge

on Yahoo! Groups

Learn how to

increase endurance.

Yahoo! Groups

Be a Better Planet

Share with others

Help the Planet.

.

__,_._,___

$$ DreamGains !! $$ Empee : Do Track It

CNBC-TV18's stocks editor, Udayan Mukherjee - Empee came in with a fairly interesting price point because compared to some of their peers. Even if you do not compare it with the United Spirits it looked quite inexpensive. They are strong regional players in the liquor business, they have got very well established brands in Tamil Nadu and Kerala. The Old Secret Rum and the Nepolean Brandy are fairly well established brands in that part of the world.

Low-end market but even so established player. And if you compare it I do not think comparisons with United Spirits are fair but if you compare this with a Radico Khaitan I think you will get a sense that this stock would actually trade much higher because if you just compare apples to apples expected listing price today is about Rs 450-460 or thereabouts. At that price this one gets a market cap of about Rs 800 crore. It will do probably sales of Rs 1600 crore in FY09.

On Rs 1600 crore sales Empee if it lists at around Rs 450-460 will get a marketcap of about Rs 800 crore and would be trading at something like 6-6.5 times FY09 earnings. Compare that with Radico Khaitan it would have Rs 1,000 crore of sales less than Empee in 2009, it already gets Rs 1500 crore marketcap, which is double of what Empee will probably get on listing day. Similar margin profile 12% operating margin for each so there is no great difference, all regional brands nothing great rationale about Radico Khaitan either. 23 P/E on FY09 while this company gets 6 P/E.

I think the listing may not be spectacular but if the market remains fairly gung ho. I cannot think why Empee should not go up to something like more than Rs 600 because at Rs 600 it would be trading at 9 P/E. It would still have a marketcap of something like Rs 1200 crore which would still be at a discount to Radico Khaitan despite having 50% higher sales expected next year with similar margin profile.

I think more than Rs 600 is fair value for Empee but that does not mean that is where it will list today. I think listing will still be close to Rs 450-460 maybe a little bit higher. There you could see some HNI profit takings so I do not know about day one, day two. But if it is doing peer comparisons and ascribing fair value then I think if Radico Khaitan is where it is and deserves to be where it is and United Spirits is where it deserves to be then I think this stock should be more than Rs 600 easy.

__._,_.___
Regards

BigGains !!
Recent Activity
Visit Your Group
Yahoo! Finance

It's Now Personal

Guides, news,

advice & more.

10 pairs of tickets

a day from Yahoo!

Fly home for the

Holidays for free.

Yahoo! Groups

Wellness Spot

A resource for living

the Curves lifestyle.

.

__,_._,___

$$ DreamGains !! $$ FW: Sharekhan Post-Market Report dated November 26, 2007

 

 

From: The Sharekhan Research Team [mailto:marketwatch@research.sharekhan.com]
Sent: 26 November 2007 15:42
To: The Sharekhan Research Team
Subject: Sharekhan Post-Market Report dated November 26, 2007

 

 

 Sharekhan's daily newsletter

Visit us at www.sharekhan.com

 

November 26, 2007

 

Index Performance

Index

Sensex

Nifty

Open

19,171.25

5,611.30

High

19,360.23

5,772.55

Low

19,137.66

5,608.95

Today's Cls

19,247.54

5,731.70

Prev Cls

18,852.87

5,608.60

Change

394.67

123.10

% Change

2.09

2.19

 

Market Indicators

Top Movers (Group A)

Company

Price 
(Rs)

%
chg

Gainers

Jindal Steel

14,121.45

16.74

Nalco

381.60

14.41

Balaji Tele

376.30

12.46

HMT

92.00

9.98

BEML

1775.70

9.26

Losers

Hexaware

73.70

-17.00

National Fertilsers

74.95

-4.95

Indorama Synthetics

54.25

-4.24

Chambal Fertilisers

62.15

-3.49

D-Link India

95.35

-3.25

Market Statistics

-

BSE

NSE

Advances

1,820

786

Declines

986

369

Unchanged

59

19

Volume(Nos)

37.28cr

57.51cr

 Market Commentary 

Market ends upbeat, gains 395 points

The market came off its highs, but still ended firm near 19,250 on strong gains in heavyweight, metal, capital goods, and realty stocks.

Sensex opened on a firm note at 19,171 and rallied further on substantial buying in metal and capital goods stocks. Despite the slowdown in FII inflows, the Sensex rallied 

 

further to touch the intra-day high of 19,360 on substantial buying support. The market remained firm above the 19,150 level for the entire trading session as firm Asian and European indices helped investors to pursue buying. However, profit bookings at higher levels dragged the index to its day's low of 19,138, above 285 points its previous close. The market recovered in the afternoon but the Sensex shed some of its profits towards the close. The Sensex finally wrapped up the session with a gain of 2.09% or 395 points at 19,248. The Nifty rose by 2.19% and gained 123 points to close at 5,732.

Among the sectoral indices, the Metal index led the upsurge with gains of 5.61% at 17,525 followed by the BSE Realty index (up 3.05% at 10,081), the BSE CG index (up 2.25% at 19,751) and the BSE Power (up 2.20% at 4,377). The market breadth was extremely positive. Of the 2,865 stocks traded on the BSE 1,820 stocks advanced, 986 stocks declined and 59 stocks ended unchanged.

Movers & Shakers

  • IVRCL Infrastructures & Projects gained on getting order worth Rs329.32 crore from the Naya Raipur Development Authority (NRDA).
  • Sadbhav Engineering surged on winning a contract worth Rs99.01 crore by the Government of Chhattisgarh.


Out of the 30 Sensex stocks, 28 managed to end in the green while two stocks ended with losses. HDFC Bank was the lead gainer and soared 5.18% at Rs1,644. Bharti Airtel jumped 3.78% at Rs948, Reliance Energy shot up by 3.74% at Rs1,790, Tata Steel advanced 3.47% at Rs849, ONGC moved up by 3.35% at Rs1,184, Hindalco added 3.32% at Rs194 and Grasim gained 2.94% at Rs3,734. Among the laggards Tata Motors and SBI slipped marginally. 

Over 2.46 crore Reliance Petroleum shares changed hands on the BSE followed by Tata Teleservices (1.56 crore shares), Ispat Industries (1.56 crore shares), JP Hydro (1.47 crore shares) and Reliance Natural Resources (1.03 crore shares).

Reliance Petroleum registered a turnover of Rs515 crore on the BSE followed by Jindal Steel (Rs312 crore), Reliance Energy (Rs202 crore), Empee Distilleries (Rs176 crore) and JP Hydro (Rs168 crore).

European Indices at 16:15 IST on 26-11-2007

Index

Level

Change (pts)

Change (%)

FTSE 100

6291.70

29.60

0.47

CAC 40 Index

5554.30

33.13

0.60

DAX Index

7644.87

35.91

0.47

Asian Indices at close on 26-11-2007

Index

Level

Change (pts)

Change (%)

Nikkei

15135.21

246.44

1.66

Hang Seng

27626.62

1085.53

4.09

Kospi Index

1855.33

82.45

4.65

Straits Times

3418.58

92.69

2.79

Jakarta Composite Index

2648.04

63.70

2.46

To know more about our products and services, click here.

“This document has been prepared by Sharekhan Ltd. This Document is subject to changes without prior notice and is intended only for the person or entity to which it is addressed to and may contain confidential and/or privileged material and is not for any type of circulation. Any review, retransmission, or any other use is prohibited. Kindly note that this document does not constitute an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction.
Though disseminated to all the customers simultaneously, not all customers may receive this report at the same time. SHAREKHAN will not treat recipients as customers by virtue of their receiving this report.
The information contained herein is from publicly available data or other sources believed to be reliable. While we would endeavour to update the information herein on reasonable basis, SHAREKHAN, its subsidiaries and associated companies, their directors and employees (“SHAREKHAN and affiliates”) are under no obligation to update or keep the information current. Also, there may be regulatory, compliance, or other reasons that may prevent SHAREKHAN and affiliates from doing so. We do not represent that information contained herein is accurate or complete and it should not be relied upon as such. This document is prepared for assistance only and is not intended to be and must not alone betaken as the basis for an investment decision. The user assumes the entire risk of any use made of this information. Each recipient of this document should make such investigations as it deems necessary to arrive at an independent evaluation of an investment in the securities of companies referred to in this document (including the merits and risks involved), and should consult its own advisors to determine the merits and risks of such an investment. The investment discussed or views expressed may not be suitable for all investors. We do not undertake to advise you as to any change of our views. Affiliates of Sharekhan may have issued other reports that are inconsistent with and reach different conclusion from the information presented in this report. 
This report is not directed or intended for distribution to, or use by, any person or entity who is a citizen or resident of or located in any locality, state, country or other jurisdiction, where such distribution, publication, availability or use would be contrary to law, regulation or which would subject SHAREKHAN and affiliates to any registration or licensing requirement within such jurisdiction. The securities described herein may or may not be eligible for sale in all jurisdictions or to certain category of investors. Persons in whose possession this document may come are required to inform themselves of and to observe such restriction.
SHAREKHAN & affiliates may have used the information set forth herein before publication and may have positions in, may from time to time purchase or sell or may be materially interested in any of the securities mentioned or related securities. SHAREKHAN may from time to time solicit from, or perform investment banking, or other services for, any company mentioned herein. Without limiting any of the foregoing, in no event shall SHAREKHAN, any of its affiliates or any third party involved in, or related to, computing or compiling the information have any liability for any damages of any kind. Any comments or statements made herein are those of the analyst and do not necessarily reflect those of SHAREKHAN.”

To unsubscribe write to myaccount@sharekhan.com

 

__._,_.___
Regards

BigGains !!
Recent Activity
Visit Your Group
Yahoo! Finance

It's Now Personal

Guides, news,

advice & more.

Need traffic?

Drive customers

With search ads

on Yahoo!

Yahoo! Groups

Real Food Group

Share recipes

and favorite meals.

.

__,_._,___