THE INDIAN STOCKS' INVESTORS BLOG

SHORT TERM TRADES; MARUTI, HERO MOTO, JUST DIAL, LUPIN, BATA, ARVIND

2014-09-21T17:23:00.002+05:30

MARUTI

YES , MARUTI AGAIN, HAS FEATURED EACH WEEK IN OUR TRADING CALLS FOR THE PAST MONTH, AND HAS MET ALL TARGETS; GOOD FOR MORE.
BUY AT CMP 3082
SL AT 3030 CLOSING BASIS
TARGETS ARE 3095, 3110, 3125, 3143, 3160, 3175
GIVE IT 4 WEEKS.

JUST DIAL:

BUY AT CMP 1728
KEEP A SL AT 1665 CLOSING BASIS
TARGETS ARE 1750, 1768, 1780, 1800, 1810
4 WEEKS

HERO MOTO:

BUY AT CMP 2951
SL AT 2790 CLOSING BASIS
TARGETS ARE 2975, 3000, 3010, 3020, 3045, 3060.
4 WEEKS

LUPIN:

BUY AT CMP 1400
SL AT 1345 CLOSING BASIS
TARGETS ARE 1420, 1435, 1455, 1468, 1480
4-6 WEEKS

BATA:

BUY AT CMP 1300
SL AT 1245 CLOSING BASIS
TARGETS ARE 1310, 1325, 1333, 1350, 1363, 1375
4-6 WEEKS

ARVIND;

BUY AT CMP 316
SL AT 300 CLOSING BASIS
TARGETS ARE 322, 330, 337, 345, 355
4 WEEKS

CHECK WHETHER EARLIER CALLS HAVE PERFORMED HERE

SHORT TERM TRADES; ULTRATECH CEMENT, BAJAJ AUTO, MARUTI, HDFC, EXIDE

2014-09-07T12:53:00.001+05:30

ULTRATECH CEMENT:

BUY AT CMP 2670
SL AT 2610 CLOSING BASIS
TARGETS ARE 2685, 2720, 2733, 2757, 2775, 2800
3-4 WEEKS

ALL TARGETS UPTO 2757 HIT BY 9/9/2014

BAJAJ AUTO:

BUY AT CMP 2339
SL AT 2250 CLOSING BASIS
TARGETS ARE 2367, 2385, 2400, 2415, 2440, 2460
3-4 WEEKS

TARGET 2367 HIT ON 8/9/2014
ALL TARGETS UPTO 2415 HIT BY 19/9/2014

MARUTI:

BUY AT CMP 2880
SL AT 2800 CLOSING
TARGETS ARE 2900, 2925, 2946, 2967, 2985, 3000, 3020
4 WEEKS

ALL TARGETS UPTO 2967 HIT BY 12/9/2014
ALL TARGETS HIT BY 19/9/2014

HDFC:

BUY AT CMP 1055
SL AT 1025 CLOSING BASIS
TARGETS ARE 1070, 1085, 1100, 1110
3-4 WEEKS

EXIDE:

BUY AT CMP 162
SL AT 156 CLOSING BASIS
TARGET 166, 172, 177, 185
4 WEEKS

ALL TARGETS UPTO 172 HIT BY 12/9/2014
ALL TAREGTS UPTO 177 HIT BY 16/9/2014

MAHINDRA MAHINDRA, TATA MOTORS, HPCL CALLS GIVEN LAST WEEK ARE STILL OPEN AND GOOD FOR FRESH ENTRY EVEN NOW

TO SEE PERFORMANCE OF EARLIER CALLS SEE HERE

SHORT TERM TRADES; MARUTI, MAHINDRA AND MAHINDRA, LARSEN, VOLTAS, TATA MOTORS, HINDALCO

2014-08-31T12:43:00.002+05:30

MARUTI:

BUY AT CMP 2784
KEEP A SL AT 2650 CLOSING BASIS
TARGETS ARE 2800, 2825, 2837, 2855, 2870, 2885, 2900
4 WEEKS

ALL TARGETS HIT ON 1/9/2014

TATA MOTORS:

BUY AT CMP 525
KEEP A SL AT 480 CLOSING BASIS
TARGETS ARE 535, 547, 560, 575
4-6 WEEKS

LARSEN:

BUY AT CMP 1526
KEEP A SL AT 1485 CLOSING BASIS
TARGETS ARE 1550, 1563, 1579, 1590, 1600
4 WEEKS

ALL TARGETS HIT BY 3/9/2014

HINDALCO:

BUY AT CMP 170
KEEP A SL AT 160 CLOSING BASIS
TARGETS ARE 175, 183, 190
4 WEEKS

FIRST TARGET HIT ON 1/9/2014

MAHINDRA AND MAHINDRA, VOLTAS CALLS GIVEN LAST WEEK ARE STILL OPEN . (VOLTAS ALL TARGETS HIT BY 5/9/2014)

EARLIER CALLS SEE HERE

SHORT TERM TRADES; VOLTAS, MAHINDRA AND MAHINDRA, SYNDICATE BANK, PNB, ALLAHABAD BANK, SBI, HPCL

2014-08-24T18:21:00.001+05:30

VOLTAS:

BUY AT CMP 237
KEEP A SL AT 230 CLOSING BASIS
TARGETS ARE 243, 247, 254, 260
2-4 WEEKS

TARGET 243 HIT ON 28/8/2014
ALL TARGETS HIT BY 5/9/2014

MAHINDRA AND MAHINDRA:

BUY AT CMP 1391
KEEP A SL AT 1370 CLOSING BASIS
TARGETS ARE 1400, 1410, 1415, 1425, 1433, 1440, 1445, 1462
4-6 WEEKS

TARGETS UPTO 1433 HIT ON 25/8/2014

SYNDICATE BANK:

BUY AT CMP 129.
KEEP A SL AT 122 CLOSING BASIS
TARGETS ARE 133, 137, 142, 145
2-4 WEEKS

STOP LOSS TRIGGERED 28/8/2014

PNB:

BUY AT CMP 984
KEEP A SL AT 950 CLOSING BASIS
TARGETS ARE 995, 1005, 1010, 1018, 1025, 1030
2-4 WEEKS

TARGET 995 HIT ON 25/8/2014
STOP LOSS TRIGGERED 28/8/2014

ALLAHABAD BANK:

BUY AT CMP 125
KEEP A SL AT 120 CLOSING BASIS
TARGETS ARE 128, 132, 137, 140
4 WEEKS

STOP LOSS TRIGGERED 28/8/2014

SBI:

BUY AT CMP 2524
KEEP A SL AT 2450 CLOSING BASIS
TARGETS ARE 2548, 2566, 2575, 2591, 2615, 2630, 2645, 2660
2-4 WEEKS

TARGETS UPTO 2575 HIT ON 25/8/2014
TARGETS UPTO 2641 HIT BY 12/9/2014

HPCL:

BUY AT CMP 458
KEEP A SL AT 415 CLOSING BASIS
TARGETS ARE 467, 475, 481, 492, 500, 510
4 WEEKS

ALL TARGETS UPTO 481 HIT BY 3/9/2014
ALL TARGETS UPTO 500 HIT BY 12/9/2014

FOR EARLIER TRADES PLEASE SEE HERE

SHORT TERM TRADES; SBI, BANK OF BARODA, MAHINDRA AND MAHINDRA, MARUTI SUZUKI

2014-08-10T12:36:00.005+05:30

SBI

BUY AT CMP 2417
SL AT 2350 CLOSING BASIS
TARGETS ARE 2450, 2485, 2520, 2550
2-3 WEEKS

ALL TARGETS HIT BY 22/8/2014

BOB:

BUY AT CMP 859
SL AT 780 CLOSING BASIS
TARGETS ARE 870, 875, 893, 905, 923, 937
4 WEEKS

ALL TARGETS UPTO 923 HIT BY 22/8/2014

MAHINDRA AND MAHINDRA:

BUY AT CMP 1229
SL AT 1160 CLOSING
TARGETS ARE 1237, 1244, 1250, 1259, 1265, 1277, 1290
4 WEEKS

ALL TARGETS HIT BY 11/8/2014

MARUTI:

BUY AT CMP 2618
SL AT 2550 CLOSING BASIS
TARGETS ARE 2625, 2640, 2655, 2675, 2688, 2700, 2720.
4 WEEKS

ALL TARGETS HIT BY 21/8/2014

EARLIER TRADING IDEAS LOOK HERE

MARKET CALL SHORT TERM

2014-08-03T12:43:00.001+05:30

The Market trend for the short term is a little iffy, so will refrain from giving any short term calls for the Cash Market, this week.
Continued global risk-off could see NIFTY currently at 7602, testing 7440 again, which it last bounced from, on 17/7/2014.
However, 7560 too remains episodically a strong support and a close above 7560 levels in the first two days of next week could offer hope of a reversal upwards to 7675 levels and above.
Let us wait and see and remain in cash till the short term trend becomes clearer.

FOR EARLIER TRADING IDEAS AND HOW THEY FARED LOOK HERE

SHORT TERM TRADES; TCS, HCL TECH, UNITED PHOSPHORUS

2014-06-29T12:22:00.003+05:30

TCS:

BUY AT CMP 2399
KEEP A SL AT 2300 CLOSING BASIS
TARGETS 2425, 2450, 2465, 2480, 2515
4 WEEKS

TARGET 2425 HIT ON 3/7/2014
ALL TARGETS HIT BY 22/7/2014

HCL TECH:

BUY AT CMP 1481
SL AT 1415 CLOSING BASIS
TARGETS ARE 1500, 1515, 1535, 1550, 1575
4 WEEKS

TARGET 1 HIT ON 30/6/2014
ALL TARGETS HIT BY 24/7/2014

UNITED PHOSPHORUS:

BUY AT CMP 329
SL AT 305 CLOSING BASIS
TARGETS ARE 335, 343, 350, 357, 365
4-6 WEEKS

ALL TARGETS UPTO 357 HIT BY 4/7/2014

TO SEE THE PERFORMANCE OF EARLIER TRADES CLICK HERE

SHORT TERM TRADES; BPCL, HPCL, IOC,

2014-06-15T17:11:00.000+05:30

BPCL:

BUY AT CMP 569
SL AT 510 CLOSING BASIS
TARGETS ARE 580, 595, 605, 615, 635, 650
4-5 WEEKS

ALL TARGETS HIT BY 18/8/2014

HPCL:

BUY AT CMP 393
SL AT 350 CLOSING BASIS
TARGETS 400, 410, 428, 435, 450
4-5 WEEKS

ALL TARGETS HIT BY 22/8/2014

IOC:

BUY AT CMP 333
SL AT 305 CLOSING BASIS
TARGETS 340, 345, 360, 365, 375.
4-5 WEEKS

ALL TARGETS UPTO 365 HIT BY 22/8/2014

SEE THE PERFORMANCE OF OUR EARLIER TRADING IDEAS HERE

SHORT TERM TRADES; ULTRATECH CEMENT, SBI, UCO BANK, LARSEN, IRB INFRA, PATEL ENGG.

2014-06-08T12:18:00.002+05:30

ULTRATECH CEMENT:

BUY AT CMP 2674
KEEP A SL AT 2500 CLOSING BASIS
TARGETS ARE 2700, 2735, 2760, 2785, 2800, 2825.
2-3 WEEKS, 2-3 MONTH TARGET 3100

ALL TARGETS UPTO 2825 HIT BY 9/6/2014

SBI:

BUY AT CMP 2739
KEEP A SL AT 2540 CLOSING BASIS
TARGETS 2765, 2790, 2810, 2840, 2875.
3-4 WEEKS.

UCO BANK:

BUY AT CMP 114
KEEP A SL AT 100 CLOSING BASIS
TARGETS ARE 120, 124, 130, 135
3-4 WEEKS

LARSEN:

BUY AT CMP 1681
KEEP A SL AT 1550 CLOSING BASIS
TARGETS ARE 1700, 1715, 1727, 1740, 1760, 1775, 1800
4 WEEKS

ALL TARGETS UPTO 1775 HIT ON 9/6/2014

IRB INFRA:

BUY AT CMP 214
SL AT 197 CLOSING BASIS
TARGETS 220, 235, 250
4-6 WEEKS

TARGET 220 HIT ON 9/6/2014
STOP LOSS TRIGGERED ON 13/6/2014

PATEL ENGG:

BUY AT CMP 122
SL AT 102 CLOSING BASIS
TARGETS 130, 135, 145, 150
4 WEEKS

ALL TARGETS HIT BY 11/6/2014

TO SEE THE PERFORMANCE OF OUR EARLIER IDEAS CLICK HERE

SHORT TERM TRADES; LANCO INFRA, JUST DIAL, RIL, GMR INFRA, DLF, INDIABULLS INFRA AND POWER

2014-06-01T18:56:00.004+05:30

LANCO INFRA:

BUY AT CMP 11
KEEP A SL AT 10 CLOSING BASIS
TARGETS 12, 13.5, 15
4-6 WEEKS

TARGET 12 HIT ON 3/6/2014

JUST DIAL:

BUY AT CMP 1407
KEEP A SL AT 1300 CLOSING BASIS
TARGETS 1430, 1455, 1480, 1510, 1525, 1550
6-8 WEEKS

RIL:

BUY AT CMP 1065
KEEP A SL AT 1040 CLOSING BASIS
TARGETS 1080, 1110, 1127, 1150
4-6 WEEKS

ALL TARGETS UPTO 1127 HIT BY 6/6/2014

GMR INFRA:

BUY AT CMP 33
KEEP A SL AT 30 CLOSING BASIS
TARGETS 34.7, 36, 37.5, 39
8 WEEKS

ALL TARGETS UPTO 36 HIT BY 5/6/2014

DLF:

BUY AT CMP 210
KEEP A SL AT 185 CLOSING BASIS
TARGETS 217, 225, 235, 230
4 WEEKS

ALL TARGETS HIT BY 6/6/2014

INDIABULLS INFRA:

BUY AT CMP 6.2
KEEP A SL AT 5 CLOSING BASIS
TARGETS 7, 8.5
10 WEEKS,
THIS ONE IS A LITTLE RISKY!! A HERO OR ZERO KIND OF PUNT!

FOR EARLIER TRADES PLEASE SEE HERE

SHORT TERM TRADES; IDFC, GMR INFRA, LANCO INFRA, GVK POWER, HCC

2014-04-06T12:18:00.001+05:30

IDFC:

Buy at cmp 125
Keep a sl at 121 closing
Targets 128, 130, 133, 135, 137
6 weeks

ALL TARGETS HIT

GMR INFRA:

Buy at cmp 23
Keep a sl at 21 closing
Target 25, 27
6-8 weeks

ALL TARGETS HIT

LANCO INFRA;

Buy at cmp 7.5
Keep a sl at 6.8 closing
Targets 8, 8.5
6 weeks

ALL TARGETS HIT

GVK POWER:

Buy at cmp 12
Keep a sl at 10.5 closing
Targets are 13.5, 15
4-6 weeks

ALL TARGETS HIT

HCC:

Buy at cmp 17.8
Keep a sl at 15.5 closing
Targets 20, 22
6-8 weeks

ALL TARGETS HIT

CHECK OUT THE PERFORMANCE OF OUR EARLIER IDEAS HERE

SOME MORE ELECTION RALLY TRADES; ICICI BANK, PNB, SBI, BHEL, DLF, ZEE ENT, BAJAJ AUTO

2014-03-30T12:02:00.002+05:30

We have had almost 100 percent success with our earlier election-rally trading ideas SEE HERE ; not surprising seeing the manic upmove in the Markets. Here are some more:

ICICI BANK

Buy at cmp 1259
Keep a sl at 1220 closing
Target 1280, 1300, 1320
4 weeks

ALL TARGETS HIT

PNB:

Buy at cmp 750
Keep a sl at 700 closing
Targets 760, 775, 800
4 weeks

TARGETS UPTO 775 HIT ON 31/3/2014
ALL TARGETS HIT

SBI:

Buy at cmp 1900
Keep a sl at 1830 closing
Targets 1915, 1925, 1960, 1980
4-6 weeks

TARGETS UPTO 1925 HIT ON 31/3/2014
ALL TARGETS HIT

BHEL:

Buy at cmp 200
Keep a sl at 190 closing
Targets 205, 210, 220, 225
4 weeks

ALL TARGETS HIT

DLF:

Buy at cmp 175
Keep a sl at 160 closing
Targets 182, 190, 200
4-6 weeks

ALL TARGETS HIT

ZEE ENT:

Buy at cmp 271
Keep a sl at 260 closing
Targets 277, 285, 292, 300
6 weeks

TARGET 277 HIT BY 2/4/2014

BAJAJ AUTO:

Buy at cmp 2058
Keep a sl at 2000 closing
Targets 2075, 2090, 2110, 2125
4-6 weeks

TARGETS UPTO 2090 HIT ON 31/3/2014

BEST OF LUCK!

I WANT TO KEEP THIS BLOG ABSOLUTELY APOLITICAL BUT I WILL SURELY APPEAL TO ALL READERS / MARKET PARTICIPANTS TO PLEASE DO GO OUT AND CAST YOUR VOTE IN FAVOUR OF THE PARTY / COMBINATION THAT YOU FEEL IS BEST FOR THE COUNTRY / MARKETS / ECONOMY. PLEASE EXERCISE YOUR FRANCHISE JUDICIOUSLY AND LET US HOPE THAT THIS MARKET RALLY TRANSFORMS INTO A MULTI YEAR BULL RUN!!!!

MORE ELECTION RALLY TRADES: ICICI BANK, RIL, YES BANK, HDFC, IFCI

2014-03-17T11:57:00.000+05:30

ICICI BANK:

BUY AT CMP 1215
KEEP A SL AT 1150 CLOSING
TARGETS 1225, 1240, 1255, 1263, 1275
4-6 WEEKS

TARGETS UPTO 1263 HIT BY 28/3/2014

YES BANK:

BUY AT CMP 355
KEEP A SL AT 330 CLOSING
TARGETS 360, 375, 381, 390
4-6 WEEKS

ALL TARGETS HIT BY 28/3/2014

HDFC:

BUY AT CMP 856
KEEP A SL AT 816 CLOSING
TARGETS 864, 871, 885, 897.
4-6 WEEKS

TARGETS UPTO 871 HIT BY 28/3/2014
ALL TARGETS HIT BY 2/4/2014

RIL:

BUY AT CMP 886
KEEP A SL AT 855 CLOSING
TARGETS 895, 905, 914, 925.
4-6 WEEKS

ALL TARGETS UPTO 914 HIT BY 28/3/2014
ALL TARGETS HIT BY 31/3/3014

IFCI:

BUY AT CMP 24.85
KEEP A SL AT 23.5 CLOSING
TARGETS 26, 27.5, 30
6-8 WEEKS

ALL TARGETS UPTO 27.4 HIT BY 28/3/2014

EARLIER TRADING IDEAS HERE

THE ELECTION RALLY TRADES: SBI, ADANI ENTERPRISES, CROMPTON GREAVES, IDFC, LARSEN.

2014-03-08T12:05:00.002+05:30

SBI:

Buy at cmp 1649
SL at 1600 closing.
Target 1750
4-6 weeks

TARGET HIT ON 26/3/2014

ADANI ENTERPRISES:

Buy at cmp 303
SL at 280 closing.
Target 350
4 weeks

TARGET HIT ON 28/3/2014

CROMPTON GREAVES:

Buy at cmp 145
SL at 137 closing
Target 160
4-6 weeks

TARGET HIT ON 26/3/2014

IDFC:

Buy at cmp 105
SL at 95 closing
Target 130
4-6 weeks

TARGET HIT ON 2/4/2014

LARSEN:

Buy at cmp 1198
SL at 1140 closing
Target 1320
4-6 weeks

EARLIER TRADING IDEAS HERE

INFOSYS TO HIVE OFF PRODUCTS BUSINESS

2014-02-27T11:59:00.000+05:30

For the benefit of readers of this Blog, the following extract from a news report in ET.

BANGALORE: Infosys will hive off its products, platforms and
solutions (PPS) business into a separate subsidiary at the beginning of the next
financial year, Rohan Murty said in an address to employees at an informal
JAM session held at the company's Electronics City campus on Tuesday.

The new division, called Edge Works, will have a three-tier structure, one
focusing on understanding market needs, another on product development and a third on implementation at cli ..

Read the full article HERE

THE SUUTI STAKE SALE TRADES; AXIS BANK, ITC, LARSEN

2014-02-25T17:36:00.000+05:30

AXIS BANK:

BUY AT CMP 1236
SL AT 1175 CLOSING
TARGETS ARE 1241, 1256, 1262, 1276, 1288, 1300
4 WEEKS OR SO.

FIRST TARGET 1241 HIT ON 26/2/2014
TARGETS UPTO 1262 HIT ON 28/2/2014
ALL TARGETS HIT BY 4/3/2014

ITC:

BUY AT CMP 321
SL AT 312 CLOSING
TARGETS ARE 325, 328, 330, 333, 335.
4-5 WEEKS

TARGETS UPTO 328 HIT ON 26/2/2014
TARGETS UPTO 330 HIT ON 28/2/2014
ALL TARGETS HIT BY 7/3/3014

LARSEN:

BUY AT CMP 1087
SL AT 1013 CLOSING
TARGETS ARE 1092, 1100, 1110, 1119, 1125, 1130.
4-5 WEEKS

FIRST TARGET 1092 HIT ON 26/2/2014
TARGETS UPTO 1114 HIT ON 28/2/2014
ALL TARGETS HIT BY 7/3/2014

SEE EARLIER TRADING IDEAS HERE

SHORT TERM TRADES; INFOSYS, VOLTAS, CROMPTON GREAVES

2014-02-23T12:19:00.001+05:30

INFOSYS:

BUY AT CMP 3750
SL AT 3695 CLOSING BASIS
TARGETS 3758, 3766, 3778, 3790, 3800, 3810
4-5 WEEKS

ALL TARGETS UPTO 3790 HIT ON 25/2/2014
ALL TARGETS HIT BY 26/2/2014

VOLTAS:

BUY AT CMP 123
SL AT 118 CLOSING
TARGETS ARE 125, 127, 130
4-5 WEEKS

ALL TARGETS UPTO 127 HIT BY 25/2/2014
ALL TARGETS HIT BY 26/2/2014

CROMPTON GREAVES:

BUY AT CMP 122
SL AT 117.5 CLOSING
TARGETS ARE 125, 127, 130, 132
4 WEEKS

ALL TARGETS UPTO 127 HIT BY 25/2/2014
ALL TARGETS HIT BY 4/3/2014

HAVE A LOOK AT HOW EARLIER TRADES HAVE FARED HERE

THE HCL-TECH STAKE SALE STORY

2014-02-22T18:37:00.001+05:30

The buying frenzy in HCL TECH shares in the closing hours of trade on 21/2/2014 was attributed to a news item on the WSJ which indicated that the promoter of the Company (HCL TECH) could be looking for suitable buyers for his 10 bn USD stake. For the benefit of readers of this blog, am reproducing below, parts of the said story:

" The billionaire founder of HCL TECH LTD, is sounding out buyers for his $10 billion stake in India's fourth-largest software and outsourcing firm, according to two people briefed on the matter, in what could be the biggest sale ever of an Indian Company.

The smallest and youngest of India's big four information technology groups, HCL was founded by Shiv Nadar in 1991. Mr. Nadar has received bids for HCL in the past but has consistently said he has no plans to sell. But now, the 69-year-old businessman is open to considering a deal because his only child, daughter Roshni Nadar, isn't interested in continuing in the technology business, one of the people said."

TO READ THE FULL STORY PLEASE LOOK HERE

TO SEE OUR TRADING IDEAS PLEASE CLICK HERE

MOODY'S TO MAKE OPEN OFFER TO RAISE ICRA STAKE

2014-02-22T17:50:00.001+05:30

Ratings agency Moody’s on Friday said it would make an open offer to raise its stake in domestic rating agency ICRA from 28.5 per cent to 55 per cent. At an offer price of Rs 2,000 an ICRA share, the offer is valued at Rs 530 crore. The deal values ICRA at about Rs 2,000 crore.

The offer is priced at a 25 per cent premium over ICRA stock’s closing price on Friday on BSE (Rs 1,594.2).

Moody’s plans to acquire up to 2.65 million shares in ICRA, amounting to 26.5 per cent of the company’s equity. The money would be paid in cash, according to Citigroup Global Markets India, which is managing the offer.

The announcement by an open offer by Moody’s came after the close of trading on stock exchanges. Details of the offer would be made available on or before March 3, Citigroup Global Markets said.

The offer is being made by Moody’s Singapore Pte Ltd, Moody’s Investment Company India Private Ltd and Moody’s Corporation. It is subject to acceptance of at least 2.14 million shares.

Moody’s Singapore Pet Ltd along with Moody’s Investment Company India Private Limited and Moody’s Corporation is making offer. Further details of the Offer shall be published on or before March 3, 2014, Citigroup Global Markets said.

This offer is a conditional offer and is subject to a minimum level of acceptance of 2.14 million shares (about 21.5 per cent of the capital.) If the number of shares put in offer is less than 2.14 million shares, the acquirer (Moody’s) shall not accept any Equity Shares tendered, the statement said.
NEWS SOURCE: BUSINESS STANDARD

TO SEE OUR TRADING IDEAS LOOK HERE

SHORT TERM TRADES; TCS, HCL TECH, TECH MAHINDRA

2014-02-16T12:22:00.004+05:30

TCS:

BUY AT CMP 2167
KEEP A SL AT 2100 CLOSING BASIS
TARGETS 2188, 2200, 2221, 2250
NEXT 2-3 WEEKS

ALL TARGETS UPTO 2221 HIT BY 20/2/2014
ALL TARGETS HIT BY 28/2/2014

HCL TECH:

BUY AT CMP 1497
SL AT 1400 CLOSING BASIS
TARGETS 1512, 1523, 1530, 1545, 1557, 1570
3-4 WEEKS

ALL TARGETS UPTO 1545 HIT BY 21/2/2014
ALL TARGETS HIT BY 28/2/2014

TECH MAHINDRA:

BUY AT CMP 1832
SL AT 1765 CLOSING BASIS
TARGETS 1850, 1865, 1877, 1890, 1905
4 WEEKS

TARGET 1850 HIT BY 21/2/2014
ALL TARGETS UPTO 1890 HIT BY 28/2/2014
ALL TARGETS HIT BY 6/3/2014

FOR MORE TRADING IDEAS CLICK HERE

INDEX VIEW AND SHORT TERM TRADES

2014-02-01T19:06:00.005+05:30

Readers of this blog will recollect that on 26/1/2014 I had opined that RISK OFF IS IN THE AIR. As prognosed, NIFTY decisively broke 6150 on the downside and went on to test intraday lows of 6027 during the week, before closing at 6089 on 31/1/2014.
Most analysts and commentators are now of the opinion that we are heading lower to levels of 5920 or thereabouts. Fridays global closings too have not been encouraging with most US, European indices posting 1% cuts.
Tough to stick one's neck out in the very short term, but I feel that on Monday 3/2/2014 we could see 6000 being tested intraday. It will be most important to note Mondays closing. A closing above 6020 would give the Bulls hope, in which case we could see levels of 6120 later in the week.
A few closings above 6120 could then set us up for a run towards earlier highs later this month. However, on the other hand, a couple of closings below 6000 could easily see 5920 being tested.
In any case, even though my personal opinion points towards a recovery from 6000 odd levels upwards, one could be underestimating the global macro negativity.
Therefore this weeks short term trading ideas are from the IT space since we don't want to get too aggressive by buying high beta presently.

TCS:

BUY AT CMP 2241
KEEP A SL AT 2190 CLOSING BASIS
TARGETS ARE 2255, 2270, 2283, 2300, 2322.
4-6 WEEKS

HCL TECH:

BUY AT CMP 1464
KEEP A SL AT 1400 CLOSING BASIS
TARGETS ARE 1470, 1488, 1500, 1512, 1530
4 WEEKS

TECH MAHINDRA:

BUY AT CMP 1790
KEEP A SL AT 1700 CLOSING BASIS
TARGETS ARE 1803, 1823, 1845, 1857, 1870
4 WEEKS

More conservative traders may find it useful to wait Monday out and see whether we can hold the 6000 to 6020 level on a closing basis, before initiating the above trades with appropriately modified entry levels. If taking the FUTURES route, it would be advisable to also BUY an appropriate protective PUT for the above trades, to lessen losses in case things go for a toss.

ALL THE BEST.

EARLIER TRADING IDEAS HERE

RISK-OFF IS IN THE AIR

2014-01-26T18:32:00.002+05:30

As the compilation of World Indices on Friday (below) indicates a distinct possibility of the return of risk-off, we could see a bit of a sell-off in our Markets early next week. A gap down on Monday 27/1/2014 could easily see the Nifty below 6200.
It will be important to see how Monday closes, whether 6150 is taken out on the downside, in which case we could be heading much lower.
In any case I am holding back fresh short term trading ideas since next week is news heavy, to say the least with the RBI POLICY as well as the US FED Meet likely to give further cues for the Market.

In the meantime, if you so wish, you could look at how our earlier trading ideas have performed by clicking HERE

Europe / Africa
	time (GMT)	index value	% change	%
London
FTSE 100	Fri 16:36	6663.74	-1.62
FTSE 250	Fri 16:36	15703.44	-1.73	-1.73
FTSE 350	Fri 16:36	3626.85	-1.63	-1.63
FTSE All Share	Fri 16:36	3565.54	-1.61	-1.61
FTSE Techmark	Fri 16:36	3178.62	-1.40	-1.40
Pan European
FTSEurofirst 300	Fri 16:30	1300.16	-2.40	-2.40
DJ Eurostoxx 50	Fri 16:38	3028.20	-2.85	-2.85
Amsterdam AEX	Fri 16:35	393.85	-2.49	-2.49
Frankfurt
Dax	Fri 16:36	9392.02	-2.48	-2.48
MDax	Fri 16:36	16301.27	-2.65	-2.65
SDax	Fri 16:36	7061.03	-2.05	-2.05
TecDax	Fri 16:36	1219.86	-2.36	-2.36
Paris Cac 40	Fri 16:35	4161.47	-2.79	-2.79
Brussels Bel 20	Fri 16:35	2889.93	-2.10	-2.10
Madrid IBEX	Fri 16:38	9868.90	-3.64	-3.64
Zurich
SMI	Fri 16:32	8201.50	-2.42	-2.42
SPI	Fri 16:33	7835.57	-2.36	-2.36
Moscow
MICEX	Fri 15:45	1492.86	-0.16	-0.16
RTS	Fri 15:00	1366.41	-1.77	-1.77
Johannesburg All Share	Fri 15:01	46462.14	-1.24	-1.24


South Asia / Middle East
	time (GMT)	index value	% change
Bombay BSE Sensex	Fri 10:00	21133.56	-1.12
Karachi KSE-100	Fri 11:35	27002.89	-0.23
Lahore 25	Fri 11:58	5200.60	-1.58
Colombo CSE All Share	Fri 09:28	6255.63	+0.22
Tehran Tepix	Wed 11:36	82028.80	-0.47


Asia Pacific
	time (GMT)	index value	% change
Sydney ASX All Ords	Fri 05:16	5254.30	-0.40
Tokyo Nikkei 225	Fri 06:45	15391.56	-1.94
Hong Kong Hang Seng	Fri 08:02	22450.06	-1.25
Shanghai
SSE Composite	Fri 07:51	2054.39	+0.60
SSE SE 50	Fri 07:51	1502.06	+0.20


Americas
	time (GMT)	index value	% change	%
New York
Dow Jones	Fri 21:02	15879.11	-1.96
Nasdaq	Fri 21:00	4128.17	-2.15
Chicago Mercantile Ex. S&P 500	Fri 21:02	1790.29	-2.09
Sao Paulo Bovespa	Fri 20:56	47787.38	-1.10
Mexico IPC	Fri 22:31	40979.80	-1.33

SHORT TERM TRADES; HCL TECH, DR REDDYS, TECH MAHINDRA, CMC

2014-01-12T13:14:00.002+05:30

HCL TECH:

BUY AT CMP 1298
KEEP A SL AT 1242 CLOSING BASIS
TARGETS ARE 1305, 1310, 1318, 1325, 1335, 1350, 1365, 1377.
4-6 WEEKS

ALL TARGETS UPTO 1350 HIT BY 13/1/2014
ALL TARGETS HIT BY 16/1/2014

DR REDDYS:

BUY AT CMP 2625
SL AT 2480 CLOSING BASIS
TARGETS ARE 2640, 2655, 2667, 2675, 2690, 2700, 2710, 2725.
4-6 WEEKS

ALL TARGETS UPTO 2665 HIT BY 15/1/2014
ALL TARGETS UPTO 2700 HIT BY 11/2/2014
ALL TARGETS HIT BY 4/3/2014

TECH MAHINDRA:

BUY AT CMP 1880
SL AT 1800 CLOSING BASIS
TARGETS ARE 1895, 1910, 1925, 1933, 1950, 1958, 1970
2-3 WEEKS

TARGET 1895 HIT ON 13/1/2014
ALL TARGETS HIT BY 4/3/2014

CMC:

BUY AT CMP 1708
SL AT 1650 CLOSING BASIS
TARGETS ARE 1725, 1733, 1745, 1760, 1785
2-3 WEEKS

STOP LOSS TRIGGERED 14/1/2014

MORE TRADING IDEAS HERE

SHORT TERM TRADES TCS, HERO MOTO, TATA TELESERVICES

2014-01-05T18:50:00.002+05:30

TCS:

BUY AT CMP 2222
STOP LOSS AT 2150 CLOSING BASIS
TARGETS ARE 2245, 2268, 2280, 2300, 2325
THIS MONTH.

TARGETS UPTO 2300 HIT BY 10/1/2014
ALL TARGETS HIT BY 13/1/2014

HERO MOTO:

BUY AT CMP 2101
STOP LOSS AT 2000 CLOSING BASIS
TARGETS ARE 2125, 2150, 2175, 2200, 2250
THIS MONTH HOPEFULLY

TATA TELESRVICES:

BUY AT CMP 8.4
STOP LOSS AT 7.5 CLOSING BASIS
TARGETS ARE 9, 9.5. 10.5, 11, 12.5
4-6 WEEKS

HAVE A LOOK AT HOW EARLIER TRADING IDEAS FARED HERE

SHORT TERM TRADES; JP ASSOCIATES, HDIL, DISH TV, VOLTAS, CROMPTON GREAVES, SESA STERLITE

2013-12-22T12:39:00.001+05:30

JP ASSOCIATES:

BUY AT CMP 53
SL AT 48 CLOSING BASIS
TARGETS ARE 55, 57, 60, 62
TIME, A MONTH

TARGET 55 HIT ON 23/12/2013

HDIL:

BUY AT CMP 50
SL AT 45 CLOSING BASIS
TARGETS ARE 52, 55, 57, 60
A MONTH

TARGETS UPTO 55 HIT BY 1/1/2014

DISH TV:

BUY AT CMP 58
SL AT 55 CLOSING BASIS
TARGETS ARE 60, 63, 65, 68, 70
TIME 4-6 WEEKS

TARGET 60 HIT ON 23/12/2013

VOLTAS:

BUY AT CMP 114
SL AT 109 CLOSING BASIS
TARGETS ARE 117, 120, 123, 125, 128
3-4 WEEKS

TARGETS UPTO 120 HIT BY 26/12/2013

CROMPTON:

BUY AT CMP 130
SL AT 123 CLOSING BASIS
TARGETS ARE 132, 135, 138, 141, 145, 147, 150
6-8 WEEKS

TARGETS UPTO 135 HIT BY 26/12/2013

SESA STRELITE:

BUY AT CMP 202
SL AT 195 CLOSING BASIS
TARGETS ARE 205, 208, 212, 215, 219, 223, 227, 230
A MONTH

TARGETS UPTO 208 HIT BY 30/12/2013

SEE HOW OUR EARLIER TRADING IDEAS FARED HERE