STOCKSINDIA LIVE

STOCKS IN THE NEWS FOR THE WEEK

noreply@blogger.com (dharmarajarun) — Sun, 4 Nov 2012 19:59:00 +0530

* Partial refarming of telecom spectrum will benefit Bharti Airtel, Idea Cellular and RCom.
* The high percentage of participatory notes (PNs) in the total FII trading volumes means that PN is no longer a bad word that arouses the suspicion of the authorities.
* Jayalalitha clears 12 projects worth Rs.27,000 crore in one day. Is she preparing a blue print for development or readying for the 2014 general elections?
* Reliance Industries is likely to sulk till 2014 as it does not have the freedom to price its gas till then. Will its political clout prepone a revision in its favour.
* Share price of Kavveri Telecom has fallen drastically in the last one month on reduction of final dividend from 40% to 15%. Aggressive investors can start accumulating.
* Heritage Foods has posted excellent Q2FY13 results but its share price too has shot up sharply. Book profits.
* Sah Petroleum has reported high profits due to erratic accounting of interest cost. Don’t get tempted to buy this scrip based on its Q2FY13 profit figures.
* VIP Industries has reported a loss at the net level and negligible profit at operating level for Q2FY13. Exit immediately and stay away from the counter.
* IFB Agro has posted quarterly EPS of Rs.18 and H1FY13 EPS of Rs.25 based on which an EPS of Rs.38-42 can be anticipated. The share is poised to touch Rs.225.
* RSWM has witnessed good buying after this textile major posted an EPS of Rs.9 in Q2FY13. Analysts tracking the share project an EPS of Rs.26-30 and a share price of Rs.180.
* Sarla Performance Fibres has witnessed sizeable investment buying last week and its share price hit a 52-week high of Rs.157. A textile analyst projects an EPS of Rs.40 in FY13. The share is an ideal bonus candidate and is expected to touch Rs.200 mark.
* Goodluck Steel Tubes (FV Rs.2), which posted a H1FY13 EPS of Rs.7, missed the attention of discerning investors. With a likely EPS of Rs.13-15, the share is poised to touch the Rs.30 mark.
* Some HNIs and Funds have evinced great interest in RS Software. It is expected to post an EPS of Rs.40+ in FY13. It has cash & cash equivalent reserves of Rs.54.8 crore (Rs 47.7/share). The share is all set to touch the Rs.300 mark.
* A technical analyst recommends Ceat Ltd., Gujarat Alkalies, IMP Power, Makers Lab and VTM Ltd. as hot buys for this week.

NIFTY LEVELS INTRADAY TREND ANALYSIS FOR OCTOBER 30 - TUESDAY

noreply@blogger.com (dharmarajarun) — Tue, 30 Oct 2012 08:04:00 +0530

Nifty almost closed unchanged at 5665. So today the first resistance for nifty is at 5692-96. Next resistance ranges are at 5720-25,5758-63,5780-85,5815-20,5850-55,5888-93,5917-22 levels. On downside first support is at 5635-30 level. Next supports are at 5612-07,5580-75,5560-55,5524-19 level.For last few days market is hovering around 5650-5750 ranges so a be very alert.So today on upside be alert above 5725 and on downside alert below 5607 as chance are high for a negative trend below this level. Have a look at weekly trend.
Positional Support for NIFTY 5569 5526 5459 5357 5268 and positional Resistance for NIFTY is 5695 5703 .
Intraday Resistance of NIFTY are 5694.8/5719/5763.1/5783.2/5821.3/5859.5
Intraday Support of NIFTY are 5636.4/5612.2/5577/5557.3/5520/5482.9

STOCK VIEW - AARTI INDUSTRIES

noreply@blogger.com (dharmarajarun) — Mon, 29 Oct 2012 07:41:00 +0530

Aarti Industries

BSE: 524208 NSE: AARTIIND CMP: 90.90
Aarti Industries is a leading manufacturer of Speciality Chemicals with diversified end-uses in Agrochemicals, Pharmaceuticals, High Performance Polymers, Paints, Pigments, Printing Inks, Rubber Chemicals, Additives, Surfactants, Dyes, Flavours & Fragrances, Home & Personal Care applications etc. This diversified end-user base helps the company de-risk itself from a downturn in any individual business segment as also capitalize on the growth opportunities in each end-user segment. In Q1FY13, its total sales grew 15% to Rs.448.89 crore with 26% higher EBITDA at Rs.68.11 crore as against Q1FY12 on a standalone basis. PBT rose 37% to Rs.34.44 crore while PAT rose 39% to Rs.25.04 crore. Segmentwise, Chemicals accounted for 57% of total sales of which 53% was from exports and had an EBIT margin of 15.9%; Agrochemicals formed 23% of total sales of which 47% was from export and had an EBIT margin of 17.9%; Pharma was 11% of total sales of which 52% was export and had an EBIT margin of 4.4%; Home and Personal care contributed 9% of total sales of which 48% was from exports and had an EBIT margin of 2.8%. The expansion of its hydrogenation capacity and backward integrated hydrogen gas generation plant is on track and expected to be commissioned in Q3FY13. Exports of Agri ingredients stood at Rs.49.22 crore in Q1FY13 compared to Rs.24.13 crore in Q1FY12 and Rs.142.89 crore in FY12. Production of SSP in Q1FY13 was 13,700 MT compared to 63,000 tonnes in FY12. The company recently commissioned the Granulator for SSP and is in the process of expanding capacity and targets to increase the volume to about 1,00,000 MT from FY14 onwards. At present, companies producing SSP are doing extremely well. The company has consistently performed well over the last many years as sales have grown from Rs.955 crore to Rs.1800 crore over the last five years and it has maintained its revenue growth target of 15% in FY12. Its Net profit has zoomed from Rs.36.65 crore to Rs.86 crore during same period. Last year, the ROCE was 16% while the average ROCE for the last five years is 18%. Last year’s dividend was around 70%. With a share book value of Rs.65 and dividend yield of 3.7% at the current share price, investors can keep a watch to accumulate this stock on dips for decent long-term growth.

STOCKS INTHE NEWS FOR THE WEEK

noreply@blogger.com (dharmarajarun) — Mon, 29 Oct 2012 07:32:00 +0530

* FM may embark on an austerity drive to control planned expenditures. Will that be a speed breaker on the way to faster growth embarked on 15 September 2012?
* L&T Finance is on a buying spree and will sustain the growth momentum on the back of a strong and diversified business portfolio and increasing overseas presence. An investment banker puts its price at three digits soon.
* Idea Cellular is the safest bet in the telecom segment. Look at its steady price compared to the decline in Bharti Airtel and RCom. Large investors are switching to Idea from the big giants. What an idea indeed sirjeee!
* Watch out for action in the Rain Commodities counter as its promoter diversifies into processing coal tar pitch with the purchase of a Belgian Coal tar firm for $915 million.
* IRB Infrastructure stock has been hit because of its close links with BJP Chief Nitin Gadkari. This stock, which has hit a high of Rs.209, should be accumulated if it falls below Rs.100 level.
* Balaji Amines is now in a strong bull grip and heading for the century mark. Hold on to your positions.
* Share price of J Kumar Infraprojects has shot up significantly in the last few months. Book profits and start accumulating Jai Hind Projects.
* JK Tyres looks strong on the charts. Scrip may appreciate 20-25% in the short-term. Keep a close watch.
* A technical analyst recommends Ferro Alloys, Gujarat Alkalies, IMP Power, Paushak Ltd. and VTM Ltd. as hot buys for this week.

STOCKS IN THE NEWS FOR THE WEEK

noreply@blogger.com (dharmarajarun) — Mon, 15 Oct 2012 08:17:00 +0530

*Amtek Auto bought back shares worth Rs.187 crore at an average price of Rs.129 per share end June 2012. Its share price has since significantly corrected. Buy now and add more at declines.
* Ironically, when most mid caps are shooting up Zen Technologies is heading downwards. Big bulls RJ, still holds over 10% stake in the company. Accumulate at declines.
* Share price of Havells India has been consistently rallying. At a market cap of over Rs.8,000 crore, its fundamentally overvalued. Best time to book profit and exit.
* Although Dolhpin Offshore shot up sharply last week, it still looks strong on the charts. Hold on to your position.
* Shiva Texyarn from the Bannari Amamn stable is all set to post an EPS of Rs.10 in FY13. The share is likely to appreciate by over 50% in the medium-term.
* RS Software has posted robust Q1FY13 results, going by which an EPS of Rs.35 can be anticipated for FY13. An analyst tracking the share projects an EPS of Rs.42-45 in FY14. The share may touch the Rs.300 mark.
* Venus Remedies is the cheapest share in the pharma industry with a likely EPS of Rs.60 in FY13 and Rs.68 in FY14. The share is expected to touch the Rs.400 mark.
* Omax Auto is doing well post expansion. The share is on the radar of some HNIs.
* Shalimar Paints and HIL (Hyderabad Industries) are strong bonus issue candidates and are likely to appreciate fast.
*Shree Ganesh Jewellery House is likely to maintain its EPS of Rs.70 in FY13. The share can be bought for decent gains in the medium-term.
* Yuken India has invested a sizeable Rs.33 crore (67% of its existing block) on expansion. Analysts tracking this sharerecommend it for 50% gain in the medium-term.
* IFB Agro is being accumulated by persons in the know and they expect it to cross the Rs.200 mark.
* A technical analyst recommends Gujarat Alkalies, Kallam Spinning, Shreyan’s Shipping and Videocon
Industries as hot buys for this week.

NIFTY LEVELS - INTRADAY ANALYSIS FOR OCTOBER 15 - MONDAY

noreply@blogger.com (dharmarajarun) — Mon, 15 Oct 2012 08:15:00 +0530

Nifty closed on a slightly bearish note at 5676 level. So today the first resistance for nifty is at 5712-16. Next resistance ranges are at 5741-45,5782-86,5804-08,5835-40,5888-93,5917-22 levels. On downside first support is at 5645-40 level. Next supports are at 5612-08,5590-86,5570-65,5540-36,5516-12 level.So today intra resistance will be at 5716,5745 and 5786 levels and on down side be alert below 5640 and avoid longs below 5608 levels. Positional Support for NIFTY 5593 5489 5450 5386 5279 5222 and positional Resistance for NIFTY is 5708 5721 .
Intraday Resistance of NIFTY are 5712/5741.9/5780.9/5801.1/5839.5/5878
Intraday Support of NIFTY are 5640.1/5610.2/5573.6/5536.1/5498.8
Oscillator Analysis NIFTY is now trading in overbought level. The oscillator is showing SELL signal The oscillator is on SELL signal and share is coming down from overbought levelShort Term Oscillator Analysis- and NIFTY in oversold region.

SHORT TERM BUY CALL- KILITCH DRUGS, PAREKH ALUMINEX

noreply@blogger.com (dharmarajarun) — Wed, 10 Oct 2012 07:15:00 +0530

Parekh Aluminex

BSE: 532606 NSE: PARAL CMP: 339.00 Buy parekh aluminex around 335.00 to 340.00 levels for a short term one to two months target of 380.00 with a stoploss of 320.00

Kilitch Drugs (India)
BSE: 524500 NSE: KILITCH CMP: 41.00 Buy kilitch drugs around 40.00 levels for a short term one month target of 50.00 with a strict stoploss of 36.00

SHORT TERM TARGET HIT - GREAT OFFSHORE

noreply@blogger.com (dharmarajarun) — Wed, 10 Oct 2012 07:03:00 +0530

Buy call given in great offshore on september 5 at a price of 93.00 for a short term target of 112.00. stock hit 114.00 yesterday and closed at 112.60 reached the target in one month time.

NIFTY LEVELS - INTRADAY TREND ANALYSIS FOR OCTOBER 10 - WEDNESDAY

noreply@blogger.com (dharmarajarun) — Wed, 10 Oct 2012 07:00:00 +0530

Nifty closed on a bullish note at 5704 level . So today the first resistance for nifty is at 5730-35. Next resistance ranges are at 5759-64,5798-03,5822-27,5850-55,5888-93,5917-22 levels. On downside first support is at 5680-75 level. Next supports are at 5650-45,5627-24,5610-05,5590-85,5553-49,5530-25 level.So today intra resistance will be at 5735,5764 and 5503 levels and on down side be alert below 5675 and avoid longs below 5645. Positional Support for NIFTY 5668 5541 5465 5419 5369 5255 5208 and positional Resistance for NIFTY is 5717 .
Intraday Resistance of NIFTY are 5733.5/5757.5/5797.3/5817.5/5855.9/5894.4
Intraday Support of NIFTY are 5675.7/5651.7/5609.7/5589.8/5552.3/5514.9
Oscillator AnalysisNIFTY is now trading in highly overbought level. The oscillator is showing SELL signalShort Term Oscillator Analysis- and NIFTY in oversold region.

STOCKS IN THE NEWS FOR THE WEEK

noreply@blogger.com (dharmarajarun) — Tue, 9 Oct 2012 07:31:00 +0530

* Pratibha Industries has finally made new highs. It may see some selling at every rise but eventually touch Rs.75-80 levels. Hold on patiently.
* Recently, share price of Liberty Phosphate has shot up dramatically. Better to book partial profits and play safe.
* Serious buying is on in construction and infrastructure stocks. Hold on to your position in C&C Construction. Scrip may appreciate further 20-25%.
* At a current market cap of Rs.700 crore, Astral Poly Technik seems fundamentally overvalued. Exit immediately and wait for it to revert to Rs.200 levels.
* Shalimar Paints may post an EPS of Rs.50 in FY13 and Rs.65 in FY14 post expansion. Some shrewd investors have accumulated this stock in anticipation of it touching the Rs.1000 mark.
* AGC Networks, which has an addressable market potential of $10 billion, is all set to garner an EPS of Rs.70 in FY13 and Rs.82 in FY14. The share can be bought with a target price of Rs.500 in the near future.
* Venus Remedies, an oncology player, is expected to post an EPS of Rs.58 in FY13 and Rs.68 in FY14. The share has all the potential to touch Rs.400 mark.
* With a likely EPS of Rs.5.2 on FV Re.1, the share of Haldyn Glass is likely to touch Rs.25 in the medium-term.
* The shares of Kanpur Plastics are being accumulated by persons in the know, as it is expected to post an EPS of Rs.16 in FY13 and Rs.20 in FY14. The share is going cheap.
* Shiva Texyarn from the Bannari Amman stable has turned the corner in Q1FY13. FY13 EPS can be Rs.10+ and the share could touch Rs.45 soon.
* Persons in the know are acquiring the shares of MNC Fairfield Atlas in anticipation of it crossing the Rs.200 mark.

NIFTY LEVELS INTRADAY TREND ANALYSIS FOR OCTOBER 09 - TUESDAY

noreply@blogger.com (dharmarajarun) — Tue, 9 Oct 2012 07:18:00 +0530

Nifty closed on a bearish note at 5676 level . So today the first resistance for nifty is at 5698-03. Next resistance ranges are at 5721-24,5736-39,5760-64,5798-03,5822-27,5845-50,5888-93,5917-22 levels. On downside first support is at 5650-47 level. Next supports are at 5632-27,5595-90,5575-71,5553-49,5530-25 level.So today intra resistance will be at 5703,5724 and 5739 levels and on down side be alert below 5647 and avoid longs below 5627. Have a look at weekly trend.
Positional Support for NIFTY 5659 5523 5455 5406 5363 5247 5203 and positional Resistance for NIFTY is 5713 .
Intraday Resistance of NIFTY are 5722.9/5761.8/5792.9/5813.2/5851.9/5890.7
Intraday Support of NIFTY are 5629.1/5590.2/5546.2/5508.6
Oscillator AnalysisNIFTY is now trading in highly overbought level. The oscillator is showing SELL signalShort Term Oscillator Analysis- and NIFTY in oversold region.

NIFTY LEVELS - INTRADAY TREND ANALYSIS FOR OCTOBER 08 - MONDAY

noreply@blogger.com (dharmarajarun) — Mon, 8 Oct 2012 07:24:00 +0530

Nifty closed on a bearish note at 5746 level . So today the first resistance for nifty is at 5765-68. Next resistance ranges are at 5783-88,5810-15,5829-32,5865-68,5862-66,5888-93,5917-22 levels. On downside first support is at 5730-25 level. Next supports are at 5709-04,5675-70,5750-45,5721-16,5686-79,5658-54,5635-30,5619-15,5603-00,5584-79,5564-59,5530-25 level.So today intra resistance will be at 5768,5788 and 5815 levels and on down side be alert below 5725and avoid longs below 5704. Positional Support for NIFTY 5693 5643 5507 5447 5395 5357 5240 5198 and positional Immediate resistance for NIFTY is 5827.
Intraday Resistance of NIFTY are 5784.9/5816.3/5864.4/5884.7/5923.4/5962.2
Intraday Support of NIFTY are 5709/5677.6/5617.5/5579.8
Oscillator AnalysisThe oscillator is showing BUY signal but be cautious on NIFTY since NIFTY is trading in overbought level.Short Term Oscillator Analysis- and NIFTY in oversold region.

SORT TERM TARGET REACHED - KESAR TERMINALS

noreply@blogger.com (dharmarajarun) — Wed, 3 Oct 2012 07:50:00 +0530

Buy call given for kesar terminals on september 13 for a sort term one month target of 70.00 at a price of 59.00. stock reached 70.00 levels on monday and closed at 71.50 , hit the target in before one month time.

NIFTY LEVELS - INTRADAY TREND ANALYSIS FOR OCTOBER 03 - WEDNESDAY

noreply@blogger.com (dharmarajarun) — Wed, 3 Oct 2012 07:37:00 +0530

Nifty closed on a positive note at 5718 level . So today the first resistance for nifty is at 5733-36. Next resistance ranges are at 5747-51,5767-71,5788-92,5806-09,5828-32,5859-64 levels. On downside first support is at 5701-98 level. Next supports are at 5678-74,5656-52,5619-15,5603-00,5588-83,5564-59,5530-25,5490-86,5460-56,5440-35,5412-08,5383-78,5348-43,5325-20 level.So today intra resistance will be at 5736,5751 and 5771 level and on down side be alert below 5700and avoid longs below 5674. Positional Support for NIFTY 5642 5571 5454 5411 5359 5335 5215 5182 and positional Immediate resistance for NIFTY is 5746.
Intraday Resistance of NIFTY are 5734.7/5747.9/5806/5826.2/5864.5/5902.9
Intraday Support of NIFTY are 5702.9/5689.7/5654.5/5618.6/5598.8/5561.4/5524

STOCKS AT A GLANCE

noreply@blogger.com (dharmarajarun) — Mon, 1 Oct 2012 07:08:00 +0530

* Dynemic Products Ltd. (DPL) (Rs.20.55) is a major manufacturer and exporter of the complete range of Food Colors, Lake Colors, Blended Colors, FD&C Colors & Dye Intermediates. The company’s products find wide application in the,food, cosmetic, pharma, Ink and edible ink industries.,The company has been a consistent performer with an average ROCE of around 20% for the last three years and an average dividend payout out of the total earnings for the last five years while the last dividend was 13% on EPS of Rs.5.81.
During FY12, sales revenue was Rs.8066.44 lakh with net profit of Rs. 530 lakh as against sales of Rs.6369.34 lakh and profit of Rs. 571 lakh in FY11 i.e. an increase of Rs.1697.10 lakh over FY11. Other income rose from Rs.169.46 lakh to Rs.256.70 lakh during the year. 76% sales of the company is from exports and the company has benefited from the weaker rupee. Last year, DPL had incurred capex the benefit of which is expected to accrue in the current year. In Q1FY13, sales rose 29% to Rs.23 crore while net profit went up to 28% to Rs.1.46 crore. The current year sales is estimated around Rs.95/100 crore with net profit of around Rs.7 crore.
Outlook: The processed food industry has done exceeding well even in the recent turbulent times as more and more people worldwide choose readymade foods, drinks and other consumables rather than make it themselves. DPL foresees a steady increase in the demand for its colours in time to come. There is promoter buying in the stock over the last 15 months slowly, which boosts the confidence of investors. With an
expected EPS of around Rs.6 and ROCE of 20% and expected dividend of 15%, the stock looks attractive for accumulation at current levels.
* Ruby Mills (Rs.694.30) was incorporated in 1917 and is engaged in the business of textiles. Its manufacturing units are located at Khalapur (Raigad district) and in Mumbai. In the realty division, its new building at Dadar, which is one the most modern, has around 10 lakh sq. ft. ready. 25% of which is said to have been sold at an average rate of Rs. 16000 per sq.ft. while around 25% has been leased out at rate of around Rs.130 per sq.ft. as per the recent statement at the AGM. The company has a loan of Rs.325 crore in the realty division and is very likely to repay it in the current year from the sale and rental proceeds thus emerge debt-free. Besides
this, the company is left with land where it can develop another 3.5 lakh sq.ft. Of the remaining 7.5 lakh, it can easily earn lease rental of Rs.108 crore per year at the rate of Rs.120 per sq. ft. per month if fully utilized.
It also has an existing office from which it has recently leased out around 1 lakh sq. ft., which will fetch a return of another Rs.14 crore per year. Thus when there is a pick-up in the economy, we may see the remaining part of the building leased out in the current year. This is likely to fetch decent returns over the long run on its small capital base of Rs.4.18 crore. The book value of the share is Rs.498 while FY12’s dividend was 50%. Investors may please note that this stock was first recommended in this column at very low level of Rs.85/100 from which Mit shot up to Rs.2200 and profit booking was advised between Rs.1800 to 2200 levels long back. At that point, this building was at the proposal stage which has now become a realty rate if at Rs.680. Investors can accumulate this stock on dips for decent long-term growth.
* Modison Metals’ (Rs.41.45) business is mainly related to the power sector. Since the government has announced restructuring of SEB loans along with an increase in the power tariff, the company will benefit from the same. The company has been consistent performer even during adverse conditions.
* UCAL Fuel Systems (Rs.70.50) engages in the manufacture and sale of carburetors, mechanical fuel pumps, and multipoint fuel injection parts to the auto industry in India. The company's products include 4 wheeler carburetors, fuel pumps, 2-wheeler carburetors, genset carburetors, oil pumps, throttle body assembly, delivery pipe assemblies, air suction valves, fuel filters, electric throttle valves, and machined castings. It sells its products primarily to original equipment manufacturers. The company was incorporated in 1985 and is headquartered in Chennai. It is a 40% dividend paying company, the stock looks good for accumulation around Rs.70 levels and the book value is around Rs.132.
* KCP Ltd. (Rs.34.15) is facing power shortage in the area where it has created new cement capacity and its captive power plant will be ready by next year. Price realization, too, has come down in Andhra Pradesh, which is likely to affect margins. Ban on sand mining in Andhra has also affected cement consumption. Investors can think of switching to Suprajit Engineering (Rs.28.20) or any of the other stocks, recommended.
* There is good improvement in the working of KEI Industries (Rs.16.75) over the last few quarters. Investors who bought this stock at higher levels can average the same at the current price as its downside is limited. The share book value is Rs.33 while the current market price is almost half of it.
* First Leasing (Rs.50), which has strong fundamentals, is a stock that has not participated in the mid-cap rally.
Investors can accumulate this stock at the current price of about Rs.50.
* Tata Global Beverages (Rs.142.80) has moved well, investors are advised to stay invested to review profit booking only above Rs.160 level.
* Cipla Ltd. (Rs.380.60) is another defensive stock where investors can think of SIPing systematic on dips.
* Balaji Amines (Rs.59) has flared up from Rs.42 to Rs.59 level. Investors can think of booking part profit at Rs.60/65 level.
* Rapicut Carbides (Rs.71.30) is firm and there is promoter buying in the stock. Its outlook is good. Stay invested or
accumulate below Rs.68 level on corrections.
* Suprajit Engineering (Rs.28.20) has given a good breakout and the stock may move up to Rs.35 level. Investors can continue to hold the same

STOCKS IN THE NEWS FOR TE WEEK

noreply@blogger.com (dharmarajarun) — Mon, 1 Oct 2012 07:03:00 +0530

* Network 18 Media & Investments Rights issue at Rs.30 is a quasi IPO facilitating Mukesh Ambani who has taken a stake in Raghav Behl's Network 18 group.
* Jaguar's bucking the declining trend in the premium car segment comes as a great relief to Tata Motors as Jaguar makes inroads into China.
* Vijay Mallya needs to revisit the sermons of his onetime guru, Sri Sri Ravi Shankar of the Art of Living fame and relearn the art of not only living within his means but also of negotiating with his saviours!
* Buy Idea, RCom and Bharti Airtel as safe bets in the telecom sector as the worst is over for them and the time ripe for making it good.
* Rupee strengthens after recent reforms...Gold too corrects...so does silver making it a perfect bet for ‘teji’ at the market.
* Stock market history indicates that the monthly trend of September... continues in October with nearly the same percentage rise or fall as in September.
* Finally Balaji Amines is in a strong bull grip and its share price is moving up with good volumes. Hold on to your position. Still a long way to go.
* Indag Rubber has shot up too much too fast. Book partial profits and play safe.
* Watch out for Suprajit Engineering. Its share price may cross the Rs.30 mark soon. A good short-term play to gain around 20% in a month’s time.
* JK Lakshmi Cement has been consistently rising over the last few months. At the current market cap of over Rs.1300 crore, it seems reasonably valued. Book profits.

NIFTY LEVELS - INTRADAY TREND ANALYSIS FOR OCTOBER 01 - MONDAY

noreply@blogger.com (dharmarajarun) — Mon, 1 Oct 2012 07:01:00 +0530

Nifty closed on a strong positive note at at 5703 level . So today the first resistance for nifty is at 5725-30. Next resistance ranges are at 5746-51,5767-70,5788-92,5806-10,5828-32,5858-62 levels. On downside first support is at 5674-69 level. Next supports are at 5656-52,5617-13,5603-00,5588-83,5564-59,5530-25,5490-86,5460-56,5440-35,5412-08,5383-78,5348-43,5325-20 level.So today intra resistance will be at 5730,5751 and 5770 level and on down side be alert below 5669and avoid longs below 5652. Positional Support for NIFTY 5628 5547 5439 5399 5349 5326 5207 5176 and positional Immediate resistance for NIFTY is 5746.
Intraday Resistance of NIFTY are 5750.5/5789.8/5849.4/5888
Intraday Support of NIFTY are 5656.1/5616.8/5582.3/5544.6/5507.1
Oscillator AnalysisThe oscillator is showing BUY signal but be cautious on NIFTY since NIFTY is trading in overbought level.Short Term Oscillator Analysis- and NIFTY in oversold region.

NIFTY LEVELS - INTRADAY TREND ANALYSIS FOR SEPTEMBER 26 - WEDNESDAY

noreply@blogger.com (dharmarajarun) — Wed, 26 Sep 2012 07:39:00 +0530

Nifty closed almost on a flat note at at 5673 level . So today the first resistance for nifty is at 5689-93. Next resistance ranges are at 5707-12,5722-25,5735-38,5765-70,5788-92,5828-32,5858-62 levels. On downside first support is at 5644-39 level. Next supports are at 5623-18,5586-81,5566-62,5530-25,5490-86,5460-56,5440-35,5412-08,5383-78,5348-43,5325-20 level.So today intra resistance will be at 5693,5712,5725 and 5738 level and on down side be alert below 5639 and avoid longs below 5618 Positional Support for NIFTY 5552 5466 5407 5365 5321 5301 5188 5162 and positional Immediate resistance for NIFTY is 5731.
Intraday Resistance of NIFTY are 5701.5/5724.3/5769.9/5790/5828.1/5866.4
Intraday Support of NIFTY are 5646.3/5623.5/5583.5/5563.8/5526.6/5489.4

SHORT TERM BUY CALL - SWELECT ENERGY

noreply@blogger.com (dharmarajarun) — Tue, 25 Sep 2012 07:25:00 +0530

Swelect Energy Systems

BSE: 532051 NSE: SWELECTES CMP:141.00 Buy swelect energy around 140.00 levels for a short term one two months target of 162.00 and medium term target of 184.00 with a strict stoploss of 133.50.

SHORT TERM TARGET HIT - UNITY INFRA

noreply@blogger.com (dharmarajarun) — Tue, 25 Sep 2012 07:03:00 +0530

buy call given on september 2 for unity infra at a price of 40.00 for a short term one month target of 46.00. unity infra hit the target exactly in a month of time,hit 48.00 intraday high yesterday and closed at 46.00 (15% gains ).

NIFTY LEVELS - INTRADAY TREND ANALYSIS FOR SEPTEMBER 25 - TUESDAY

noreply@blogger.com (dharmarajarun) — Tue, 25 Sep 2012 06:46:00 +0530

Nifty closed on a slight bear note at at 5669 level after the strong bull move of last day. So today the first resistance for nifty is at 5690-95. Next resistance ranges are at 5715-20,5737-41,5775-80,5796-01,5828-32,5858-62 levels. On downside first support is at 5645-40 level. Next supports are at 5623-19,5589-84,5566-62,5533-29,5490-86,5460-56,5440-35,5412-08,5383-78,5348-43,5325-20 level.So today intra resistance will be at 5695,5720 and 5741 level and on down side be alert below 5640 and avoid longs below 5620. Positional Support for NIFTY 5490 5412 5385 5335 5303 5285 5177 5153 and positional Immediate resistance for NIFTY is 5731.
Intraday Resistance of NIFTY are 5737.6/5784/5861/5810.2/5849.4
Intraday Support of NIFTY are 5644.7/5598.3/5521.3/5502.1/5464.2
Oscillator Analysis The oscillator is showing BUY signal Short Term Oscillator Analysis- and NIFTY in oversold region.

STOCKS IN THE NEWS FOR THE WEEK

noreply@blogger.com (dharmarajarun) — Mon, 24 Sep 2012 07:12:00 +0530

* Political pundits give UPA2 another six months before the pack up is ordered and elections announced.
* Mahindra & Mahindra is all set to carve a niche of its own on the Indian corporate canvas. Its auto division is busy talking to Fiat for a JV. Its Tech division will take a leap with the merger of Satyam. Soon it will export its Quanto to Europe and Africa. A scrip for every portfolio.
* A package of relief to the ‗aam aadmi‘ on the health front will be announced by the Prime Minister, which may heal the wounds, if any, caused by the fuel hike or FDI in retail.
* Sell, sell and sell at every rise for this is unsustainable rise and as crazy as Indian politics, says a market veteran.
* Thursday, 27 September 2012 may see hectic activity being roll over day of F&O positions. If market opens weak it shall zoom in the last half hour but if it zooms early in the session, it will be doomed in last 30 minutes.
* Share price of Amara Raja Batteries has shot up dramatically after its excellent Q1FY13 performance and ahead of the record date for stock split on 26 September 2012. Book partial profits and don‘t be greedy.
* Vakrangee Software claims to have bagged a 5-year contract worth Rs.1,258 crore for Financial Inclusion Project from the Bank of Baroda. Better to stay away from this counter and not to get lured by such announcements, considering the company‘s track record.
* Something is surely brewing in Man Industries. Scrip has zoomed 75-80% in barely 10 sessions. Hold on to your position as the company may announce some good news in the near future.
* After all the buzz, the share price of Kavveri Telecom witnessed a free fall and the scrip is down 50% in two weeks. Exit immediately, even at the current price.
* Shilpi Cables is being merged with bluechip Microqual Tech. The share is expected to touch Rs.35 soon.
* Hyderabad Industries is expected to post an EPS of over Rs.100 in FY13 with a book value of about Rs.550. It may announce a liberal bonus and the share is expected to touch Rs.700 mark. * RS Software is likely to post an EPS of Rs.40 in FY13. Some HNIs have accumulated this stock for a target price of Rs.200 in the medium-to-short-term.
* Morganite Crucible India has not participated in the rally. This 75% subsidiary of UK based Morganite is all set to post consolidated EPS of Rs.40 in FY13. At a conservative P/E of 15 will take this MNC share to Rs.600 in the medium-term.
* Pochiraju Industries is expected to start its Biopharma plant by the end of the current year. The share is all set to cross the Rs.20 mark.
* Venus Remedies is doing well and on course to post an EPS of Rs.60 in FY13 and Rs.70 in FY14. The share has all the potential to double in the medium-to-long-term.
* With a likely EPS of Rs.22 in FY13, the share of Manaksia can be bought at a P/E of just 2 for decent gain of over 50% in the medium-term.
* Surana Corporation is the cheapest share in the jewellery segment and is expected to post an EPS of Rs.30 in FY13. The share is expected to fetch a handsome gain of 50% in the medium-to-short-term.
* A technical analyst recommends Gulshan Polyols, Karur KCP Packkagings, Kalpataru Power, Liberty Phosphate and Ramky Infra as hot buys for this week.

NIFTY LEVELS - INTRADAY TREND ANALYSIS FOR SEPTEMBER 24 - MONDAY

noreply@blogger.com (dharmarajarun) — Mon, 24 Sep 2012 06:47:00 +0530

Nifty closed on a strong bull note at at 5691 level and formed a new one year high. So today the first resistance for nifty is at 5704-10. Next resistance ranges are at 5733-37,5778-83,5810-15,5858-62 levels. On downside first support is at 5644-40 level. Next supports are at 5620-16,5597-92,5550-46,5523-18,5490-86,5460-56,5440-35,5412-08,5383-78,5348-43,5325-20 level.So today intra resistance will be at 5710,5737 and 5783 level and on down side be alert below 5640 and avoid longs below 5592.Positional Support for NIFTY 5490 5412 5385 5335 5303 5285 5177 5153 and positional Immediate resistance for NIFTY is 5731.
Intraday Resistance of NIFTY are 5737.6/5784/5861/5810.2/5849.4
Intraday Support of NIFTY are 5644.7/5598.3/5521.3/5502.1/5464.2
Oscillator Analysis The oscillator is showing BUY signal Short Term Oscillator Analysis- and NIFTY in oversold region

NIFTY LEVELS - INTRADAY TREND ANALYSIS FOR SEPTEMBER 20 - THURSDAY

noreply@blogger.com (dharmarajarun) — Thu, 20 Sep 2012 09:04:00 +0530

Nifty closed on a very slight bear note at at 5600 level. So today the first resistance for nifty is at 5617-21 level. Next resistance ranges are at 5633-37,5655-60,5691-96,5711-16,5748-53 levels. On downside first support is at 5582-79 level. Next supports are at 5566-63,5548-44,5514-09,5490-87,5458-53,5425-20,5404-99,5383-78,5348-43,5325-20 ,5275-70,5250-46,5230-25,5195-90 level.So today unless below 5563 nifty is on bull side and if below that level avoid longs and on upside resistance are at 5621,5637 and 5660 level Positional Support for NIFTY 5423 5367 5364 5310 5291 5270 5170 5146 and positional Immediate resistance for NIFTY is 5663.
Intraday Resistance of NIFTY are 5618.7/5634.2/5695.4/5715.4/5753.3/5791.4
Intraday Support of NIFTY are 5581.4/5565.9/5510.1/5490.4/5453.4/5416.5

STOCKS AT A GLANCE

noreply@blogger.com (dharmarajarun) — Sun, 16 Sep 2012 16:58:00 +0530

Mukand Engineers (Rs.24.40) - This Bajaj group company is mainly into supply and Erection of equipments for Power Generation Plants, Integrated Steel Plants, Aluminum Plants and Hydrocarbon Plants. The contracts cover erection of mechanical plant, Structural, Piping and Electrical works. The company also undertakes Engineering and Project Management jobs for Steel plants and Electrical works at Power plants. For FY12, it recorded a net profit of Rs.3.29 crore on sales of Rs.65.12 crore as against net profit of Rs.6.52 crore on sales of Rs.75.96 crore in FY11. For Q1FY13, it made a profit of Rs.48 lakh on sales of Rs.13 crore. The company has a strong order book position of around Rs.378 crore against Rs.150 crore last year. Of this, it has a
Rs.215 crore order from NMDC that has to be completed before March 2015. Around 55% of the orders are from the steel sector and the balance from the power sector. It is very selective in order booking and most of the orders are remunerative with better margins. The company has declared 10% dividend and its outlook is encouraging as the order book position is almost 5 times the average sale of the last two years. Seeing to the good order position, it is likely to report sales of around Rs.100 crore in the current year and the management may raise the dividend to 15% for FY13. Thus the downside to the stock is limited.
The book value of the share is Rs.44 while the current market price (CMP) is around Rs.24. The ROCE of company has been around 20% for the last three years. Since valuations are attractive, the stock is strongly advised for buying on dips.
* Coromandel International (Rs.276) is a stock that investors can keep a watch to accumulate on SIP basis on dips.
* Haldyn Glass (Rs.18.40) has moved up well from Rs.12/13 to Rs.20 level, which is a decent return in this uncertain time. Investors can book partial profit and switch to Apcotex at Rs.174.
* Relaxo Footwear (Rs.723) has given good jump from Rs.400 to high of Rs.818 over the last three months. Investors can book 10/15% profit and lock the same in Tube Investments or Kesar Terminals around Rs.60.
* After long consolidation, Somany Ceramics (Rs.49) has given a good upmove this week. Investors can continue to hold the stock for good long-term growth.
* Manali Petrochemical (Rs.10.62) is a 12% dividend paying company on Rs.5 paid-up share with ROCE of 37% & RONW of 27%. It is almost debt free and has a track record of consistent dividend for the last six years. It is good stock to lock part profit for good dividend yield and decent long-term growth.
* La Opala RG (Rs.134) is another consumption story stock where marketmen & investors are showing interest. Investors can keep a watch to accumulate this share on dips around Rs.120/122 levels.