Sensex

Monday, June 04, 2007

$$ DreamGains !! $$ FW: Sharekhan Post-Market Report dated June 04, 2007

 

 

From: The Sharekhan Research Team [mailto:marketwatch@research.sharekhan.com]
Sent: 04 June 2007 17:27
To: The Sharekhan Research Team
Subject: Sharekhan Post-Market Report dated June 04, 2007

 

 

 Sharekhan's daily newsletter

Visit us at www.sharekhan.com

 

June 04, 2007

 

Index Performance

Index

Sensex

Nifty

Open

14,618.78

4,300.70

High

14,683.36

4,362.95

Low

14,465.68

4,256.45

Today's Cls

14,495.77

4,267.05

Prev Cls

14,570.75

4,297.05

Change

-74.98

-30.00

% Change

-0.51

-0.70

 

Market Indicators

Top Movers (Group A)

Company

Price 
(Rs)

%
chg

Gainers

Jindal Steel

3,707.05

12.00

RCF

42.80

6.20

Vijaya Bank

48.40

5.10

Union Bank

127.20

5.04

Century Enka

145.75

4.93

Losers

ING Vysya Bank

238.10

-5.98

Gail India

299.65

-4.87

Tata Motors

711.45

-4.78

Micro Inks

450.10

-4.40

Tata Tea

912.50

-4.18

Market Statistics

-

BSE

NSE

Advances

1,182

585

Declines

1,388

894

Unchanged

84

35

Volume(Nos)

26.73cr

42.46cr

 Market Commentary 

Sensex slips below 14500

Across-the-board selling pressure led by the auto stocks saw the Sensex shed 75 points for the day.

The market cooled off after having recorded gains for the last two sessions.  

 

The Sensex opened on a positive note at 14619, up 48 points, tracking strong Asian indices. The Nifty registered its all-time high of 4363 on buying in metal and banking stocks. However, the market gave up its gains due to profit booking in heavyweights, information technology (IT), cement and automobile stocks. As the trading progressed the Sensex lost its strength and slipped into the negative territory to touch the day's low of 14466. The Sensex pared some losses towards the close but the sustained selling in index pivotal stocks kept the index in negative territory. The Sensex finally closed the session by shedding 75 points at 14496, while the Nifty ended the session down 30 points at 4267.

The broader market remained weak. Of the 2,654 stocks traded on the BSE, 1,388 stocks declined, 1,182 stocks advanced and 84 stocks ended unchanged. Barring the BSE Metal index, the BSE Bankex and the BSE FMCG index, the other sectoral indices ended in negative territory. The BSE Auto index dropped 1.63% at 4948, the BSE IT index shed 1.26% at 4847 and the BSE CG index was down 1.24% at 11,103.

Among the major losers, Tata Motors dropped 4.78% at Rs711, Grasim slumped 3.19% at Rs2,440, BHEL shed 3.01% at Rs1,372, Cipla lost 2.99% at Rs218, HLL declined 2.39% at Rs196 and Satyam Computer slipped by nearly 2.33% at Rs467. However, Hindalco notched up gains of 3.97% at Rs147, SBI rose 2.07% at Rs1,407, ITC added 2.04% at Rs165, NTPC advanced 1.11% at Rs160 and HDFC Bank moved up by 1.05% at Rs1,165.

Auto stocks came under sharp selling pressure. Clutch Auto tumbled by 6.70% at Rs144, Goodyear slipped 4.73% at Rs197, TVS Motors slumped 4.12% at Rs66, Amar Raja Battries fell 3.65% at Rs381, Escorts lost 3.57% at Rs120, Bharat Forge declined 3.33% at Rs324, Cummins shed 3.03% at Rs304 and Tube Investments was down 2.80% at Rs78.

Over 1.22 crore Reliance Natural Resources shares changed hands on the BSE followed by Asahi Songwon Colors (62.93 lakh shares), Hindalco (61.48 lakh shares), Nagarjuna Fertilizer (54.80 lakh shares) and Mangalore Chemicals & Fertilizers (44.72 lakh shares).

Value-wise Reliance Capital registered a turnover of Rs143 crore on the BSE followed by MIC Electric (Rs139 crore), Indiabulls Real Estate (Rs103 crore), SBI (Rs97 crore) and Hindalco (Rs92 crore).

European Indices at 16:25 IST on 04-06-2007

Index

Level

Change (pts)

Change (%)

FTSE 100

6649.50

-27.20

-0.41

CAC 40 Index

6130.57

-37.58

-0.61

DAX Index

7961.83

-26.02

-0.33

Asian Indices at close on 04-06-2007

Index

Level

Change (pts)

Change (%)

Nikkei 225

17973.42

14.54

0.08

Hang Seng

20729.59

126.72

0.62

KOSPI Composite

1737.59

21.35

1.24

Straits Times

3579.35

31.03

0.87

Jakarta Composite Index

2111.75

27.43

1.32

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“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

 

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BigGains !!
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Sunday, June 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 June 2007 10:55
To: alerts@poweryourtrade.com
Subject: PowerYourTrade Trading Calls

 

Trading Calls for 4th June 2007

Rajat K Bose

Buy Adhunik Metaliks with stop loss below Rs 51 for a target of Rs 58-60. This is a day-trading recommendation.

Buy Adhunik Metaliks with stop loss below Rs 51 for a target of Rs 58-60. 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.

Buy ITI with stop loss below Rs 45.40 for a target of Rs 53. This is a day-trading recommendation.

Buy ITI with stop loss below Rs 45.40 for a target of Rs 53. 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.

 

 

Deepak Mohoni

Buy Educomp Solutions below Rs 1870 with stop loss at Rs 1830. This is a day-trading recommendation.

Buy Educomp Solutions below Rs 1870 with stop loss at Rs 1830. This is a day-trading recommendation.

These are intra-day trading recommendations. Use trailing stops once the position is taken. The extreme price of the previous 45-90 minutes at any time can be used as the trailing stops.

I have no position in any of these stocks at the time of writing (1000 hours, 4th June 2007), nor am I aware of any family members or clients holding positions in these stocks. The stocks may or may not have been recommended as buys and/or short sales in the last two months, but that is irrelevant since these are purely day-trading recommendations.

Buy Bharat Electronics below Rs 1895 with stop loss at Rs 1860. This is a day-trading recommendation.

Buy Bharat Electronics below Rs 1895 with stop loss at Rs 1860. This is a day-trading recommendation.

These are intra-day trading recommendations. Use trailing stops once the position is taken. The extreme price of the previous 45-90 minutes at any time can be used as the trailing stops.

I have no position in any of these stocks at the time of writing (1000 hours, 4th June 2007), nor am I aware of any family members or clients holding positions in these stocks. The stocks may or may not have been recommended as buys and/or short sales in the last two months, but that is irrelevant since these are purely day-trading recommendations.

 

E Mathew

Buy Tera Software with stop loss of Rs 85 (On Closing Basis), for a short-term target of Rs 113.

Buy Tera Software with stop loss of Rs 85 (On Closing Basis), for a short-term target of Rs 113.

Disclaimer: - One of the companies in which Mathew Easow is a Director holds One (1) Share of Bata India Ltd.

I, my family members and my group companies do not have any position what so ever in TERA SOFTWARE. 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-a-vis the stop loss is favourable for taking a position.

Buy Bata India with stop loss of Rs 172 (On Closing Basis), for a short-term target of Rs 201 and a medium term target of Rs 235.

Buy Bata India with stop loss of Rs 172 (On Closing Basis), for a short-term target of Rs 201 and a medium term target of Rs 235.

Disclaimer: - One of the companies in which Mathew Easow is a Director holds One (1) Share of Bata India Ltd. I, my family members and my group companies do not have any position what so ever in TERA SOFTWARE. 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-a-vis the stop loss is favourable for taking a position.

 

 

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Saturday, June 02, 2007

$$ DreamGains !! $$ R U Going 2 Die..... ??? Think Again..... !!

Old cashiers never die, they just check out
Old frogs never die, they just croak
Old golfers never die, they just lose their drive
Old meteors never die, they just burn up
Old musicians never die, they just decompose
Old pilots never die, they just buzz off
Old surfers never die, they just get board
Old hikers never die, they just trail away
Old garagemen never die, they just retire
Old kids never die, they just grow up
Old atoms never die, they just decay
Old blondes never fade, they just dye away
Old hams never die, they just get grounded
Old light bulbs never die, they just blink out
Old swimmers never die, they just have a stroke
Old academics never die, they just lose their faculties
Old accounts never die, they are deleted
Old accountants never die, they just lose their balance
Old actors never die, they just drop a part
Old alcoholics/drug addicts never die, they just get wasted
Old anesthesiologists never die, they just run out of gas
Old anthropologists never die, they just become history
Old archers never die, they just bow and quiver.
Old architects never die, they just lose their structures.
Old assets never die, they just depreciate
Old astronauts never die, they just go to another world
Old bakers never die, they just lose their dough
Old bankers never die, they just lose interest.
Old bankers never die, they just want to be a loan
Old barbers never die, they just become Old cut-ups.
Old baseball players never die, they just go batty
Old baseball players never die, they just run their last lap
Old basketball players never die, they just go on dribbling.
Old bbs'ers never die, they just log off for good.
Old bbs'ers never die, they just lose their zip
Old beekeepers never die, they just buzz off.
Old bikers never die, but they're hard on tires
Old biologists never die, they just ferment away
Old bond investors never die, they just yield to maturity

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BigGains !!
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$$ DreamGains !! $$ L&T - EquityMaster

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