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    29/05/2010.The May series

    ended on a positivenote as our marketrallied near theexpiry backed bystrong global

    markets. The markettook support on thedemand trendline atlower end of therising channel inwhich the market ismoving for the past six

    months. Both Sensexand Nifty after tradingbelow the 200dma fora few days reboundedand closed the weekabove theirrespective 200dma

    (Sensex 16765 andNifty 5001); which isa positive sign.Currently the marketis correcting therecent fall and is inpullback mode. Now itis headed to test theresistances at 100dma(Sensex 17053 and

    Nifty 5104) and then50dma (Sensex 17316 and Nifty 5188). Only on closeabove the 50dma, themedium term trend

    will turn up.B I L L I O N A I R E

    BROTHERS PATCH UP.

    The decision byAmbani Bros to dumptheir differences and

    scrap thecontentious Non-Compete agreement

    was almost like ananti-climax to one of

    Vol. 3 Issue : 14 Date : 30-05-2010 to 05-06-2010 Editor : Narendra Joshi Sub.Editor : Sharad Kotak Mobile:9825065387 Address : 115/991, Nirmal Apartment, Telephone Exchange Road, Naranpura, Ahmedabad -380013 Phone : 27451449

    PROMISING START TO JUNE SERIES

    Weekly Review for the WeekMay 31st to June 4th 2010

    WeeklyReview

    PRAKASH GABACFT, MSTA (Londen)A professional Technical Analyst and aTrader based in Bombay & Runs his ownconsultancy http:// www.prakashgaba.comEmail:[email protected] : 093222-10907

    Nifty: (5067)S e n s e x :

    (16863)28.05.10We said

    Technicallythe market isstill weak butcan bouncefrom here dueto F&O expiry

    and close around the 5000 mark until F&Oexpiry but 4830is a strong sup-port to with

    The marketunfolded yetgain as ex-pected and hasclosed abovethe 5000 mark.

    Continue on 7

    3

    Astrology & Market

    FINANCIAL, SHIPPING &

    LIQUOR STOCKS WILL OUT

    PERFORM THIS WEEK.6

    Nifty sutra

    10 MONTH OLD UP

    TREND CHANNEL

    SUPPORT AT 4860

    13

    Dinesh Nagpal

    WHAT HAS

    HAPPENED IN

    GREECE TILL NOW

    Continue on .....7

    Global Market to drag Indian marketssoon Sugar & Realty to show strength.

    A.K.

    PrabhakarWebsite: [email protected]

    [email protected]

    Equity Analyst

    Nifty has closedpositive +135 pointsthis week after mak-ing panic low of 4786which looks fancy andrebounded and 5095

    forms a importantlevel as it is 50%retracement of thedown move from5399 to 4786 and200DMA(Simple)5095 would be impor-

    tant level to watch.Recovery was due to

    short covering andpositive global cuesas market if fully val-

    ued any recovery cansee selling pressure

    as Globacrisis irefusing

    to fadea w awith Fitchd o w n

    grading Spain ratingMonsoons Arrival in

    Technical Analysisfor Traders

    www.stockacademy.co.inMo. No. 09820920530

    (Mumbai)Sanjay Lad,

    Money Flow Index (MFI)IntroductionThe Money Flow In-

    dex (MFI) is a momen-tum indicator that is simi-lar to the RelativeStrength Index (RSI).BUT, MFI is a more rigidindicator and is thereforea good measure of thestrength of money flow-ing in and out of a secu-rity. It compares posi-tive money flow tonegative money flowto create an indicator

    that can be compared toprice in order to identify

    the strength or weak-ness of a trend. Like theRSI, the MFI is mea-sured on a 0 - 100 scaleand is often calculatedusing a 14 day period.

    Use

    The MFI can be in-terpreted much like the

    RSI in that it cansignal diver-gences ando v e r b o u g h t /oversold condi-tions.

    DivergencesPositive and negative

    divergences betweenthe stock and the MFIcan be used as buy andsell signals respectively

    Continue on .......8

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    30-05-2010 to 05-06-20102

    AVAILABLE IN ENGLISH AND GUJARATI LANGUAGE

    sensex can rise till 17250 to 17450 and thereafter we may see again correction

    FOR ASTROLOGICAL PREDICTIONS ONSTOCK MARKET - PLEASE VISIT AT

    http//www.astrostocktips.in

    TEL NO9810018438- 9810056543

    W E E K L YREPORT

    USA ANDE U R O P EMARKET IN a-b-cflat correction rise

    will be limited

    In my last weeklyreport I have givenanalysis based on

    TIME SERIES andit was clearly writtenas per time series on26 th may market maytake U turn and sensexrecovered almost 1000poin ts an d nif ty

    recovered almost 300points from the trendreversal date so this isthe power of analysis ifyou trade blindly thenyou will loose money.

    Now what nex t in

    market? Let me giveyou analysis based onshort term wave

    structure levels andtime series trendreversal dates.

    SHORT TREMW A V ESTRUCTURE

    SENSEX

    I assume from18048 to 15960 sensexhas complete firstdown wave and this issecond correctivestructure up and

    sensex can rise till17250 to 17450 andthereafter we may seeagain correction.

    NIFTYI assume from 5398

    to 4786 nif ty hascomplete first downwave and this is secondcorrective structure upand nifty can rise till5200 to 5250 andthereafter we may seeagain correction.

    TIME SERIESANALYSIS

    As per time seriesnext turning point areon 1st Jun, 4th Jun ifmarket dose not fall onor before this date thennext turning date willbe 13th Jun

    DOW JONESBased on weekly

    c ha r t w a vef o r ma t ion dow njo ne s h as comp le te 3up and 2 wave down

    structure and now ina-b-c flat correctiona nd ha s a l sobr ea ch ed la st lo we rbo tt om of 98 35 no wcan rise in correctivestructure but rise willbe li mi te d to be lo w11258.

    FTSEBased on weekly

    c ha r t w a veformation FTSE hascomplete 3 up and 2wave down structureand now in a-b-c flat

    cor rec t ion and hasa l so b r e a c he d l a s tl ow e r bo t t om of 5033 now can rise incorrective structurebut ri se wil l be limitedto below 5834

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9

    MOMENTUM CALLS

    Below are some option strategies for vola-tile and neutral movement of market and car-

    ries significant risk and traders should not takeexposure in all strategy but trade in any one.

    (1) FIRST STRATEGY-for neutral marketmovements.

    Buy one lot of nifty 5000 call option CMP146

    Buy one lot of nifty 5200 call option CMP 51Sell two lot of nifty 5100 call option CMP 91Breakeven levels up side above 5185/down

    side below 5015(2) SECOND STRATEGY-for volatile

    market movements.Buy 1 lot of nifty 5100 call option CMP 91

    Buy 1 lot of nifty 4900 put option CMP 83Breakeven levels up side above 5274/down

    side below 4726(3) THIRD STRATEGY for volatile mar-

    ket movements.Buy 1 lot of nifty 5000 call CMP 113Buy 1 lot of nifty 5000 put CMP 147Breakeven levels up side above 5260/down

    side below 4740

    Metal stock to move upAs per Astro eco-

    nomics this week is rep-resented by planetknown as Jupiter. Thisweek of (wef 31st May.

    2010 to 04th June2010).This week Marsin Singh Rashi. Saturnis in Kanya, SunVarashab, andJupiter will bein MeenRashi. Allthese combi-nations of dif-ferent planetsi n d i c a t i n gvolatile butpositive move-ment in In-dian stock market. Ouradvance predictionsmade in previous weekabout volatility but posi-tive movement in Indianstock market onceagain proved correct.Recommended stockMahindra & Mahindra, ABB were among topnews whole week .Hope all my readersmust have enjoyed bigprofit. Please compare

    financial astrology andother system of marketanalysis. Financial as-trology dont supportany market view with if

    and but. Previous wholeweek all Tv channel andmarket expert were say-ing that due to Europe

    factor Indian marketmay see big down wardmove and nifty maybreak levels 4500 andbelow . But financialastrology said that In-dian stock market looksvolatile but positive.Now result is with you.You are advised to visitmy web sitewww.stromoneyguru.coma n dwww.futurebazaronline.com

    for daily recommenda-tion and watch onlineperso nal TV channelevery day for intradaytrading.

    Now this week In-dian stock market is ex-pected to show positivemovement in banking,

    power, and fer-tilizer stocksmay see buy-ing interest. . Itis time to tradein sectors spe-cific ratherthen keep eyeson nifty levels.F o l l o w i n gstocks may

    consider for short terminvestment only on dip.

    Now as per financialastrology followingstocks may be kept un-der observations fromTuesday onward forshort term trading

    (1) NFL (2) SterliteInd (3) Hind copper (4)RCF(5) Suzlone energyLtd(6) SBI This weekmay bring positive newsfor Varshab

    Ph: 98506 95994EMail: [email protected]

    Web Blog : www.tanmaygopal.com

    Tanmay GPurohit CFA

    Hot Talk

    GDP data and Monsoon to beGDP data and Monsoon to beGDP data and Monsoon to beGDP data and Monsoon to beGDP data and Monsoon to benext triggers, Spain downgradenext triggers, Spain downgradenext triggers, Spain downgradenext triggers, Spain downgradenext triggers, Spain downgrade

    to impact negativelyto impact negativelyto impact negativelyto impact negativelyto impact negativelyNi ft y has cl ose d

    higher by 135 pointsthis week at 5066 andlast 3 sessions pullbackrally has been strong.But going aheadglobal worrieswould pressurizethe marketsnegatively andrally may not sus-tain for a longtime. Spain hasbee n down -graded by Fitch andthe widely anticipateddowngrade followed a

    warning by a Euro-pea n Ce nt ra l Ban kpol ic ymak er tha tEuropes predicamentcould spread to otherregions while laborunions threatenedstrikes and invest-ment banks werehurting. Nifty as longas remains below5200 the trend wouldremain as a pullbackrally only and failure

    to go past this level

    would bring selling onceagain into play. Niftybreaking 4900 would bea panic situation.

    TATACOMM (Rs247):- The stock hasbeen in ste ad y

    downtrend for the lastone year and so far ithasnt participated inthe overall market rallyalso. Now the stock has

    started showing bigvolumes and shortterm bounce looks possible. Buy around R244-247 for target R

    267-270, keep stopbelow Rs 230.

    C A N A R ABANK (Rs 398):The stock tradebe lo w im po rt anshort-term movingaverages and nexsupport would b

    only 200DEMA at R370. Stock is failing tomove higher even in

    market pullback anlooks weak. Sell R397-399 for target R370. Keep stops abov

    Continue on ....5

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    30-05-2010 to 05-06-2010 3

    ASTROLOGY &

    STOCK MARKETSATISH GUPTA

    http://www.astrostocktips.in

    e mail:[email protected]

    MOBILE :09811738366 - 09810018438

    GUJARATI HARD COPY AVAILABLE IN MUMBAI & GUJARAT

    FINANCIAL, SHIPPING & LIQUOR STOCKS WILL OUT PERFORM THIS WEEK

    With the blessings of Lord Ganesha, it waspredicted by us on 15th April 2010 WATCHESstocks will out perform, carry long positionin TITAN. Despite heavy volatility with downward bias & panic like situation TITANappreciated by 19.4% in one month. On 14thMay 2010, when NIFTY was down by 100points, it made new high & closed positiveby 1.5%.

    Sectors which get strong ASTRO supportare not normally affected by downfall in themarket.

    ACCURATE PREDICTION:

    BE EXTRA CAUTIOUSNew Samvat 2067

    (Hindu New Year)

    have started from16th march 2010.Whenever NewSamvat starts, basedon planetary position/ conjunction & as-pect among planets,some new sectorscommence out per-forming & many sec-tors, which were inmomentum during lastsamvat start underperforming.

    It has been ob-served many times

    that investors / trad-

    ers (not knowing thisfact) keep investing /

    trading in such sectors,(whose astrological sup-port is over) resultingin losses.

    For example,SUGAR stocks (whichwere predicted by us 12months back) havebeen in down trend af-ter the New Samvatstarted, whereas Nifty ismaking new 52 weekshigh. Similarly, despiteall possible support &great future plans /hugeinvestments by govern-

    ment in INFRA-

    STRUCTURE, sub-stantial orders, excel-

    lent results- this sec-tor under performedduring last samvat.

    It is advised to be

    extra cautious every

    year, when new

    samvat starts & con-

    sult your financial as-

    trologer before taking

    any investment/ trad-

    ing decisions about

    sectors.

    PAPER SECTOR

    WILL OUT PER-

    FORM DURING

    PRESENT SAMVAT

    31st May-5thJune 2010

    W e e k l yplanetary position:During the week,Moon will be

    transiting inS a g i t t a r i u s ,Capricorn &Aquarius, Mercury inAries, Venus inGemini, Mars in Leo.Ketu in Gemini,Saturn in Virgo, Rahu& Pluto in Sagittarius,Neptune in Aquarius,

    J upiter & Uranus inPisces.

    P L A N E TMERCURY, whichcontrols our mind,will be transiting in

    Ar ies f rom 30 thMarch 10 to 6thJune 10. During thisperiod it will be inretrograde positionfrom 18th April to12th May. BeCAUTIOUS, as oneis l i ke ly to takewrong dec is ions ,

    resu l t ing inf inanc ia l losses,depending on i tspos i t ion ini n d i v i d u a lh o r o s c o p e .

    Persons w i thGemini , Virgo &Libra rashi need tobe extra vigilant.

    BE CAUTIOUS :Heavy volatility tocontinue.

    During the weekFINANCIAL sectorw i l l be ge t t ing

    s t r o n gA STROL OGI CA L

    suppor t . In th issegment one canwatch for , L ICHOUSING, GICHOUSING, HDFC,INDIAN BANK,HDFC BANK, YES

    BANK, UCO etc. 1stJUNE 2010 isfavorable day for this sector.

    SHIPPING sectorwill also be gettingst rong ASTROsupport. Keep closewatch on GES H I P P I N G ,SHIPPING CORPN& PIPAVAVSHIPYARD etc.

    WATCHES &LIQUOR sectors wi llbe get t ing ext ra

    ordinary ASTRO

    SUPPORT. BuyTITAN & MCDOWEL

    on dips.PHARMA wi l l

    con t inue to ge tst rong ASTROsupport.

    LAST WEEKSPREDICTION: As

    predicted, there was

    good demand inFINANCIAL &PHARMA stocks. InBANKING FEDERAL, YESBANK, ANDHRABANK, BOB, UCOINDIAN BANKSOUTH INDIANappreciated by 6-8%Among FINANCELIC HSG, HDFC &DEVAN HSG by 27%. BSE BANKEXwas the besperforming indices on27th May. IPHARMA- BIOCONLIPIN, Dr REDDYDEVIS LAB, IPCA &PIRAMAL HEALTHappreciated by 2-8%

    Jatinder

    SharmaEquity Star

    Website:www.equitystrategists.comMob: 9899252034

    Thank God, May is over!Well, almost. Only a

    day left for us while forWestern nations, itsfinally over. Our indicesare down almost 4%for the month whilefor others it has beenfar worse. Most of theglobal indices aredown anywherebetween 6-8% withS&P 500 down slightlymore than 8%. But,important question iswhether the worst isover? While globalsituation continues tobe tricky as Spain alsogets a thumbs downfrom rating agencies,locally things havebeen getting betterthrough last few

    weeks. But since, weare also a part of onebig global village wehave also beenafflicted by thispullout syndrome.FIIs have beenfleeing stocks evenas domestici n s t i t u t i o n scontinue to lap upbargains fromamongst theh e a v y w e i g h t s .Technically, 4800-4840 support has heldthus far though thislevel was severelytested during theweek. Domesticsupport as well as shortcovering helped inpulling out Nifty from

    just be low 4800 toabove 5050 for aweekly gain of over

    2.5%. We have beenadvocating strongsupport around 4800for past couple ofweeks and it has heldso far. We believe thatwhile we may haveseen worst as far as

    lows are concerned,we may continue toflirt around lows so far

    as globalsituationremainstricky. Asof nowimmediatesupportis seena r o u n d4980 andt h e na r o u n d

    4930-40. While nothingcannot be ruled outcompletely it seemsunlikely that we wouldbreach 4830-4850again in near future.Financial sector hasturned out to be the

    strongest one duringthe corrective phaseand its likely that wemight see continuedoutperformance fromstock from this sector.Some stocks that arelooking strong are LICHsg, Federal bank,Andhra Bank, Uco andVijaya Bank.Healthcare is anotherthat held its groundand here certainstocks like Biocon,DrReddys, SunPharmaand Ranbaxy arelooking good. Reliancepack saw significantdevelopment over lastweek and there arecertain stocks like RILand Reliance Infra that

    might come out of theu n d e r - p e r f o r m i nspell and could givesignificant returns ovenext 6-8 weeks. Onecould accumulate botthese stocks on baddays. Metals remain ia tricky territordespite witnessinmost damage durinthis correction. Globasituation wouldcontinue to keep themin volatile territory andwhilst most metafront liners may haveseen the worst, thetrading pattern mighremain fragileInvestors with slightlhigher risk profil

    Continue on .....8

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    30-05-2010 to 05-06-20104

    MORE THAN 4.5 LACS READER WORLD WIDE

    SENSEX MOVE TO A NEW BOTTOM

    ITS OPPORTUNITY FOR F&O PLAYERS TO MAKEA LOT OF MONEY IN THIS BOTH SIDE MOVEMENT OF MARKET

    LAST WEEK RECOMODATIONS THUNDER PERFORMANCE

    STOCKS RETURN TIME NOTEUNION BANK 7 % Above Just Two Days Investor Got A First Target When Sell It At

    Every High To See A Movement Of Market.MANALI PETRO 1 % Above Just One Day Last Your Long Term Investment. Invest At

    Every Declines.LINCOLN (31 TO 32) 3 % Above Just Two Days Ignore To Market And Hold

    Your Long Term Investment. Any Time StockWill Be Rocking.

    (299 To 276)

    (9.69 TO 9.84)

    PHARMA

    Strong Sign OfGlobal Markets (ShortCovering),CompromiseBetween AmbaniBrothers, LittleReduction In Inflation

    And Future Expiry OfMay So Last Week PullRaily Has Been In IndianStock Market. InSENSEX 417.45 PointsAnd NIFT 135.40 PointsGood Add Up Looked AtLast Week. Last WeekWe Said Clearly ByHead Line If NIFTYBreak Its CrucialSupport Of 4836 InMiddle So Every SmallHigh Will Looking BigSelling Pressure ButNIFTY Did Not Break

    That Crucial SupportAnd Create BullishTrend FromThere. LastWeek NIFTYA c h i e v e dOur BothSide AllTargets. LastW e e kS E N S E XClosed At1 6 8 6 3 . 0 6And NIFTYC l o s e d5066.55.

    Biggest Group OfCountry AmbaniBrothers MukeshAmbani And AnilAmabani Re AgainShake Hand With A NewAnd SimpleAgreement. SupremeCourt Given Time Of 16Weeks To CompromiseBut Both BrothersCompromised In Just 16Days And Given UnExpected And HappyWonder To CorporateWorld. All The Stock OfReliance Pack Has BeenBullish From This NewsAt Starting Of Week ButWe Thing TechnicallyKeep Your InvestmentWith Limited QuantityIn ADAG Group.

    Indias FamousCompany M&MDeclared To Take PartAbout 55.2 % In AProduced To ElectricCar Company REVA.

    According ToAgreement M&M WillBuy Equity Part FromPromoters Of REVAElectrical Car CompanyAnd Invest More 45Crore In Company.After Of This Deal WillChange Name Of REVAAnd Re Name Will BeMahindra RevaElectrical VehicleCompany Ltd. This NewStarting Of M&M WillApprove A Very VeryImportant In Electrical

    Car Market.Economic Problem

    Continue In Euro ZoneAnd Both SideMovement Of GlobalEquity Market ButBetween In ThisSituation GOLD RateGone At TOP For LastWeek. Where Gold Per10 Grams Crossed19000 Levels In IndianMarket And Silver AlsoCrossed 30000 Levels.

    Next Week MarketCan Be Start WithNegative Figure WhenFirst Day Of WeekSome Volatility WillLook Also. Some HighLevels Also Looking InMiddle Of Week. IfNIFTY Break CrucialSupport Of 4947 InSecond Day Of Week SoIt Can Be Very Difficult

    To Last Any High Levels.Where SENSEX Can BeCreate A New Bottom.Un Expectable SomeHigh Levels Will Look InValue Buy Stocks In

    Next Duration. SENSEXCrucial Support 16381And Crucial ResistanceIs 17267 When NIFTYCrucial Support 4979And Crucial Resistance

    Is 5128 For Next Week.Now Its Advisable For

    Long Term Investors ToKeep Your InvestmentSome Limited.

    S E N S E X (16863.55)16954ABOVE 17060, 17168,17267 AND 17355.WHEN 16757 BELOW16649, 16543, 16381AND 16185 WILL BELOOKING

    NIFTY (5066.55)5077 ABOVE 5103, 5128,5147 AND 5181 WHEN5048 BELOW 5023, 4997,4979 AND 4957 WILL BELOOKING.

    ROCKING FUTURECALL

    N A G A R J U N AC O N S T R U C T I O N (172.00) Sell At AnyHigh Near 177 WithImportant Resisatce

    185 To Get Target 159And 147. KeepContinue A SellPosition. If It Break 159So Will Looking BigCorrection In It And

    Stock Will Be Go At 147Level. Technically StockShows Weakness InShort Term Charts. TheStock CreateSymmetrical Triangle In

    A Down Trend FormatIn End Of Week. On

    Weekly Chart StockCreate SymmetricalTriangle In A Up TrendWith Short CoveringFormat. Monthly ChartCreate RectangleTriangle In A DownTrend Format. WhenHead Shoulder As AReversal In A Up TrendFormat On Long TermCharts. Small HighLevels Looked By ShortCovering In This StockIn End Of Week But EndOf Week NegativeOpen Interest Was -2.35Around Who ShowsWeakness Of Stock. ItsNot Advisable ToInvest In ConstructionAnd Contracting StocksFor Short Term AndLong Term Investors

    Now. Short TermTraders Book Profit AtEvery Declines.

    SHORT TERM TOLONG TERM ROCKINGCALL

    ELECON ENG (BSECODE 505700)(78.10)Buy At Any DeclinesRate Near 73 forObjective of 85 and 100area. If it Close above85 Then Should StockLead at 100 area. StrictStop Loss At 67 Area.The CompanyConcerted With HeavyEngineering Sector.Company Produced AllThe Type OfMechanical HandlingEquipment Like

    Bucket, Elevators,Belts, Cavorts, Gravity

    Roars, Beg FillingMachine, Stacking AndOver Head ChairConverse Etc. CompanyYearly And QuarterlyResult Are Good.Company Pay EveryYear 75 % DividendRegularly. CompanyAlso Given 1:2 Bonus In2007. RecentlyCompany PE Ratio Is10.95 % It Is Below FromIndustrial 23.07 PERatio. Company Has AGood Cash On Hand.Technically Stock ShortTerm Chart CreatePositive ConsolidationStructure. CompanysMain Point Is MrChirayu Amin IsIncluding Board OfDirectors Who Is

    Appointed In IPL As AChairman Recently. TheStock On Long TermChart Create A Bull FlaIn A Up Trend FormatWho Shows Good

    Bullish Sign For LongTerm In This Stock. KeeYour Long TermInvestment In LimitedQuantity. Short TermInvestors Book Profit AEvery High.

    VADILAL IND (BS

    CODE 519156)(86.00)

    Buy At Any DeclineRate Near 82 foObjective of 98 and 10area. If it Close abov98 Then Should StocLead at 107 area. StricStop Loss At. 78 AreaThe CompanConcerted With IceCream, Candy, FrozeFruits And VegetableFrom 12 June 1961Company Main OfficSet Up In Ahemdabad(Gujarat). CompanYearly And QuarterlResult Are Good. GoodAdvancement LookinDay To Day ICompanys OperatinProfit. Company PRatio Is 10.75 % It I

    Below From Industria36.26 PE Ratio. EverYear Company Pays 12%Above DividendRegularly. Big BullRakesh JunJunWala HaBig Part In ThiCompany. TechnicallStock Create BullishTrend Movement OShort Term Chart. WhenLong Term Chart CreatSymmetrical Triangle InA Up Trend FormatWho Gives Sign ToInvest For Short To LongTerm InvestmentShort Term To LongTerm Investors CanInvest In Just LimitedQuantity. Short TermInvestors Book Prfoit AEvery High.

  • 8/22/2019 Ter English

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    30-05-2010 to 05-06-2010 5

    NOW SOME PAGES OF THE ECONOMIC

    REVOLUTION IS AVAILABLE ON MONDAY ON THIS

    WEB AND WHOLE ISSUE WILL BE AVAILABLE ON

    TUESDAY ONLY. IF YOU WANT WHOLE ISSUE ON

    MONDAY EARLY MORNING IN YOUR E MAIL

    SUBSCRIPRIONSUBSCRIPRIONSUBSCRIPRIONSUBSCRIPRIONSUBSCRIPRION

    ONLONLONLONLONLY RS.1000Y RS.1000Y RS.1000Y RS.1000Y RS.1000

    PER YEAR, WITH THIS ISSUE GEPER YEAR, WITH THIS ISSUE GEPER YEAR, WITH THIS ISSUE GEPER YEAR, WITH THIS ISSUE GEPER YEAR, WITH THIS ISSUE GET GUJARAT GUJARAT GUJARAT GUJARAT GUJARATI VERSION FREETI VERSION FREETI VERSION FREETI VERSION FREETI VERSION FREE

    Last week gold re-mained range boundon international mar-ket , where on the mcx

    it has kissed newrecord level ,crude oilbounce from lowerlevel ,as expected

    some technical bounceback ,and some morerecovery possible ,butits still uncertain formedium term.

    Gold:International gold

    may move further to$1224 -$1243 ,wherewatch $1250 for resis-tance ,maintain longposition with supportof $1188,buy on dipswould be strategy,some slow upside willremain for short term.on mcx October con-tract one should watchfor support around

    18350 ,where initiatebuy around this level

    for target of 18622 to18788 .all in all we maysee range between18350 to 18850.

    SilverInternational silver

    may test $18.66 ,clos-ing above $18.70 will

    take further rally to-wards $19.25 ,in downside support around$17.95,on mcx some

    positional supportaround 28500 ,onemay consider goinglong in silver at lowerlevel, where on theupside to watch for29470-29780 ,upsideresistance around30000, all in all therange seems to be28500-30000.

    CrudeInternational crude

    may go down to $71.80,from where it mayfind support aroundthat level and some

    pull back possible to$77.10,some swingtrading range be-

    tween $70.50 to $77.50

    for short term. On mcxit may test 3392 level,and from there somebounce to 3470-3530

    level, for the shortterm one may considerbuying at decline andselling at rises.

    CopperIn copper we may

    see some rangebound trading be-tween 318-328 ,on thelower side watch sup-port around 317,buyon dips would bestrategy for next week, medium term is stilluncertain ,some upmove to 328 level pos-sible ,if it cross thelevel and hold meansmore upside to 332-

    335 level in shortterm.

    Gold will stick around higherlevel where base metal should

    remain range bound

    SCRIPT CMP SUP. SL TARGET

    EDUCOM 482.50 440 420 580

    TECHM 644 630 610 700

    HDIL 228.95 200 180 250

    TISCO 496.85 470 450 540

    PUNJLLOYED 137.40 125 110 150

    ABAN 716 650 600 800

    NIFTY VIEWNifty has support at 4920 resistance at 5070 market is script

    wise positive but nifty is in overbought region & also it is weeklybearish so trader should buy on decline.

    SOME STOCKS FOR BUYING

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2

    NiftySup. 4920

    SCRIPT SHORT STOP TARGET

    PRICE LOSSSESA GOA 380 400 250

    SAIL 210 220 170

    TATAMOTERS 760 780 650

    UNION BK 295 310 260

    WIPRO 665 680 600

    ZEEL 285 300 240

    SOME STOCKS FOR SHORT SELLING

    Cont. from Pg. 2Hot Talk

    Rs 410.TATA STEEL (Rs

    497):- The stock hasbroken major support

    at Rs 520 and now

    shows more downsideahead. It is trading at6-month low and belowRs 473 next major sup-

    port would be only at

    Rs 433. Sell on rallytowards Rs 502-50with stop loss above R525 for targets below

    Rs 470.

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    30-05-2010 to 05-06-20106

    progress of the monsoonwill decide the trend

    Technical indicators of major StocksMFI=Money Flow Index * RSI=Relative Strength IndexADX=Directional Momentum Index

    BSE Sensex (16863.10) and Nifty (5066.55) closed up

    by 2.5% and 2.7% respectively last week.Nifty Future

    June was quoting at 29.90 points discount..Nifty Call Option

    June 5100 was very active.Support for Sensex is at 16570.Resistance for Sensex is at 17180 .Support for Nifty is at

    4980 and resistance at 5170.

    M & M will announce Q4 results next week.GDP data

    to be declared by the Government next week for Q4 willalso be watched carefully.

    Tata Motors and Tata Steel added Open Interest in

    June series.Huge position was build up at IFCI June Call

    Option Strike Price 55.Good build up was also seen at TataSteel June Call Option Strike Price 520.

    Strategy for Futures Option players.1)CIPLA(320.35) Lot Size-1250 SharesBuy One Call Option of June Strike Price [email protected] Rs

    Sell One Call Option of June Strike Price [email protected] Rs.

    Premium .Paid=11.00*1250= 13750.00 Rs.

    Premium Received=3.30*1250= 4125.00 Rs.

    Net Premium Paid==13750.00-4125.00=9625.00 Rs.Maximum Profit==340-320==20*1250=25000.00-

    9625.00=15375.00 Rs.

    Maximum Loss= 9625.00 Rs.

    Break Even Price=327.70

    2)IFCI(52.50) June Future-Lot Size 7880shares.

    Buy One Lot June Future @52.50

    Sell One Call Option of June Strike Price [email protected].

    Premium Received=2.45*7880= 19306.00 Rs

    Maximum Profit=19306.00 Rs.

    Max Loss=Unlimited.

    Trading Idea1)BIOCON(290.7)Buy this stock in decline and trade.2)SAIL(205.85)Buy this stock in decline and trade

    NIFTY SUTRA

    10 month old UP trendchannel support at 4860Nifty - weekly close

    5067 (4931) Market failto cross our weekly trad-ing point 4960 on positive

    news rally. Tuesday sawhuge selling tobreak channel sup-port 4850 and makea new low below4800. Wednesdaypull back manageto cross our dailystop loss. Deriva-tive expiry andweekend witnesspullback rally. Weekcloses with gain of 140points. Weekly top 5080is also 50% level of pre-vious fall. Market again

    manages to close in 10month long 700 pt rangechannel started at 4400.

    Weekly close below chan-nel support line at 4860 willconfirm trend reversal withnext support at 4500 i.e.

    our yearly up trend stop

    loss.For Next week This

    week market trading rangewill be between 4740

    Dinu's SAR -Trend and Stop-loss Table for Nifty -Investor Chart trade Beta Trend From Stop Gaintype type % lossDerivative Daily 20 (+1.2) UP 4860 5020 +110Swing trade Weekly 20 (1-1.2) UP 4990 5040 +80Short term Bi-weekly 20 (1) UP 5000 5030 + 70Medium term Monthly 20 (1-0.8) DOWN 5160 5090 +100Mutual Fund Quarterly 10 (-0.8) UP 4960 4970 +110Long Term Yearly 10 (-0.8) UP 3670 4530/5090** +1400

    (Daily stop-loss + close)/ 2 will give trader next days stop-loss and trend forNIFTY. Traders to exit below trigger** and re-enter trend at trigger** or lower level.

    5340 i.e. trend point of5040, and weekly rangewith +/- 300. 20 and 50days EMA support / resis-

    tance for Nifty, which areat5040, 5100.Tradersto exit their long positionat respective triggerlevels in fall. Re-entertrade again later at trig-ger or lower level. Thus

    Trigger helped us toprotect, maximize profitand hold position.

    NIFTY trend and itsbeginning as per 20

    SMA line direction on dif-ferent charts are as fol-lows:- 30 minute UP,5250; 90 minute - flat,5300; Daily DOWN,5300; Weekly DOWN,5000.

    SUBSCRIBE TER,A MULTY ANALYST WEEKLYTO GET SUNDAY MIDNIGNT,SUBSCRIPTION IS ONLY RS. 1000 PER YEAR

    STOCK CLOSE MFI-21 RSI-14 ADX-14BHEL.NS 2318.95 40.56 43.46 20.22ICICIBANK.NS 864.75 39.22 45.13 15.11INFOSYSTC.NS 2677.45 41.37 53.59 17.55ITC.NS 283.2 65.7 64.96 18.15MARUTI.NS 1225.2 41.8 40.76 53.35SBIN.NS 2239.4 47.45 51.84 20.99TATASTEEL.NS 496.85 32.28 31.01 35.84TCS.NS 750.8 48.58 49.91 21.77

    TREND OF MAJOR STOCKSSTOCK TREND NO OF Weekly Monthly

    DAYS Trend TrendBHEL.NS Bulllish 2 Falling RisingICICIBANK.NS Bulllish 3 Falling RisingINFOSYSTC.NS Bulllish 3 Rising RisingITC.NS Bulllish 3 Rising RisingMARUTI.NS Bulllish 2 Rising Falling

    SBIN.NS Bulllish 2 Falling RisingTATASTEEL.NS Bulllish 2 Falling FallingTCS.NS Bulllish 3 Rising Falling

    The next major Resistancelevel of sensex is 17451

    SENSEaXS U P P O R T - - 1 6 7 2 4 /

    16465----RESISTANCE--

    17212/17451)Technically sensex

    looking sideways forcoming days. The nextmajor Resistance levelof sensex is 17451. Fu-ture Target and Stop

    loss for clients only.NIFTYSUPPORT--4994/

    4864----RESISTANCE--5122/

    5245)Technically Nifty is also

    looking sideways for comingdays. The next major StrongResistance in the nifty isabove 5245 mark. Nifty fu-ture Target and Stop loss forclients only.

    RELIANCE LIMITED

    SUPPORT--974----RE-SISTANCE--1154)----BUY

    Stock looking strong Tech-

    nically. Indicators showinggood up move for next fewdays. Traders can Buy cashand future for short term.Target and Stop loss only forClients.

    BHARTI LIMITEDSUPPORT245----RESISTNCE 277BUY

    Stock is looking great tobuy for short term traders aninvestors. Traders can Buycash and future. Target anStop loss only for Clients.

    SURE SHOTSHORT TERM TRAD-

    ING CALLSTRONG TECHNICAL

    BREAKOUT -- STOCKWILL BLAST

    IN SHORT TERMBUY STOCK AND SEETHE PROFIT

    STRONG BUY-----( BSE CODE--505530 )

    PRISMINFORMATICS LTD

    &BSE CODE--500361RAS PROPACK

    LAMIPACK LTDWe have given BUY cal

    to our Clients already at verylow rate.

  • 8/22/2019 Ter English

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    30-05-2010 to 05-06-2010 7

    Cont. from Pg. 1Lions Roar

    WATCH OUT FOR

    VISIT : www.theeconomicrevolutiohn.com for latest infromation

    INDEX LEVELS :S3 S2 S1 CLOSE R1 R2 R3

    Nifty 4908 4966 5017 5066 5105 5160 5214

    Sensex 16373 16551 16704 16863 17028 1 7276 17493

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8

    LAST WEEKS RECOMMENDATIONS

    PAIR STOCK Rec. Tgt Reached Lot size ProfitNO. .price1 Buy PFC 288 294 295 1200 Rs. 8,400

    Sell TataPow 1259 1196 1190 200 Rs. 13,8002 Buy GAIL 453 461 460 1125 Rs. 7,875

    Sell BomDye 514 483 475 1150 Rs. 44,8503 Buy Strides 357 369 365 1000 Rs. 8,000

    Sell Pantaloon 384 361 353 850 Rs. 26,350Profit Rs.1,09,275

    THIS WEEKS RECOMMENDATIONS :STOCK CMP SL Tgt-1 Tgt-2

    Buy BGR Energy 593 582 611 632

    Buy BalramChini 80 78 84 88Buy ApolloTyres 70 68 74 78Buy DivisLab 732 722 750 769Buy AlstomProj 588 582 602 615

    the most keenlywatched corporatewar ever. The

    scrapping of the Non-Compete agreement

    may be an indicationof the beginning ofthe fresh business

    rivalry as both thegroups can now enterinto each othersterritory or it canbe perceived as apositive steptowards reconciliationin the long running

    feud between thebillionaire brothers.The market took the

    a n n o u n c e m e n tpositively and openedwith a gap up on

    Monday, but weakglobal markets made

    sure that our marketclosed near the low ofthe day. The Nifty lost

    more than 110 pointsfrom the top.

    EURO PROBLEMS -LONG TERM

    PROBLEM.It will be plain

    wishful thinking that

    the debt problems ofEurope are undercontrol. The bailout of

    Greece is seen bymany as a forceful and

    regressive step as ithas been taken underp o l i t i c a l

    u n w i l l i n g n e s s .Eventually, the Greek

    contagion mayspread acrossvarious nationslike Spain,

    Portugal, Ireland andmany more, which will

    result in seriousglobal financialbreakdown andmany more bail-outs. The U.S. toowill have to workits way out ofserious problems,because themassive stimuliwhich haspropelled its GDPgrowth, is

    temporary. It will takeyears and years ofconsolidation before

    the U.S. is out of thewoods. The mostlikely scenario is

    that the U.S.and E.U. willface a doubledip recession

    and after thata long periodof economics t a g n a t i o n .This in itself

    will be anopportunity for

    countrylike ours tooutperformand grow.

    ROLLOVERANALYSIS.

    The NiftyR o l l o v e r swere 65% ascompared tot h r e em o n t h saverage of70%. Lowr o l l o v e r

    indicates lessernumber of short Niftypositions have been

    rolled over to theJune series. Bankingand Financial sectoralong with IT sectorhave shown lowrollovers ascompared to metalsector. Strong shortrollovers have beenseen in Sterlite Ind,IDBI, Bharat Forge,Renuka and HDiL. In

    case the bounce backcontinues, one canexpect short coveringin the abovementioned stocks.

    T E C H N I C A L L YSPEAKING.

    The Sensex openedthe week at 16494 ,made a high of16891,a low of 15960 an dclosed the week at16863 . The Sensexgained 418 points on aweekly basis.Similarly Niftyopened the week at4944, made a high of5077, a low of4786 andclosed the week at5066 . The Nifty tooclosed with the weekwith a gain of 13 5points.

    On the weeklycharts both Sensex

    and Nifty haveformed BullishHarami pattern whichis a bullish reversalpattern. The longlower shadow formedon the weekly candleis because of thestrong bounce seenfrom the lows. On thedaily charts both theindices have formed abullish reversalpattern in the lastthree days calledThree White Soldiersindicating a trendreversal in theimmediate term.

    Oscillators likeMACD and ROC, eventhough in thenegative territory ison the verge of givinga buy signal. The RSIalong with MFI hasgiven a buy signal andis moving up. TheStochastic Oscillatorhas given a Buy signaland so has the OBV.The DirectionalIndicators continue intheir Sell mode butthe DI is now movingtowards the +DI.

    Market reboundedlast week afterSensex made a low of15960 and Nifty 4786.The market is now ina pull back mode andthe pull-back levelsfor the Sensex are16757-17003-17250and those for theNifty are 5020-5092-5165.

    From s l ig ht ly

    long er term v iew

    w e are look ing at

    the correct ion of

    Sensex r i se f rom

    13219 to 18047 and

    the correct io

    levels are 16203

    1 5 6 3 3 - 1 5 0 6 3

    Similarly one has to

    consider the Ni f t

    r i se f rom 3918 to

    5399 and for that thcorrection levels ar

    4 8 3 3 - 4 6 5 9 - 4 4 8 4

    Both Sensex and

    Ni f ty cor rected

    more than 38 .2%

    correct ion leve

    before bouncin

    back ; Sense

    bounced back from

    15960 and Nifty from

    4786.

    Ni f ty OI P CR i

    quite healthy at 1.34

    sug g est ing tha

    some stabi l i ty ha

    returned to the

    mark et . For Jun

    ser ies st rong Ca l

    w r i t ing i s seen a

    5100 and 5200

    strikes. Similarly Pu

    w r i t ing i s seen a

    4800 strike. One can

    expect the market to

    find support around

    4800 and resistanc

    around 5100-5200.

    For t he w ee

    ahead, Sensex wil

    f ind Support a

    16704-16551-1637

    and w i l l f ind

    Resistance at 17028

    17276-17493.

    For t he w ee

    ahead, Ni f t y w i l

    find Support at 5017

    4966-4908 and wil

    f ind Res is t ance a

    5105-5160-5214.

  • 8/22/2019 Ter English

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    30-05-2010 to 05-06-20108

    Cont. from Pg. 1Tech. Anal.

    Overbought/Over-sold

    A stock is consid-ered overbought if

    the MFI indicatorreaches 80 and above(a bearish reading). Onthe other end of the

    spectrum, a bullishreading of 20 and belowsuggests a stock isoversold.

    Cont. from Pg. 1Weekly Review

    Technically the downmove in the marketseems arrested andlooks like it should nowclimb towards 5150-5200 zones with somecorrections on the wayup and technically it

    would be Ok as long as5000 holds and 5000 isa crucial support to dealwith

    The support for theNifty is 5030-5000 andstrong resistance at5150-5200

    The support for theSensex is at 17600 andstrong resistance at17250

    From a trading pointof view I would con-tinue long as long as5000 holds

    Cont. from Pg. 1A.K. Prabhakar

    India Said to be de-layed after TropicalCyclone Laila wouldboost Sugar stocksand negative for Auto

    and FMCG stocks.Support-5035-4960-4850

    Resistance-5097-5155-5220

    Positive Stocks-NHPC, TATACOMM,OILINDIA

    Negative Stock-A . C . C ,

    J I N D A L S T E E L ,CANARABANKStock for the week-

    MSKPROJ ECT CmpRs.180 Target

    Rs.195-200,Stock has started to

    outperform index in re-cent time and still hold-ing above medium and

    long term moving aver-age and trading near alltime high of Rs.200which shows thestrength in the stock.

    Cont. from Pg. 3Equity star

    could accumulate TataSteel, Sterlite, JSPLand JSW Steel on baddays. Certain otherstocks that haveshown technicalstrength are NagarjunaConstructions, LITL andOil mktg companies.

    Last weeks

    r e c o m m e n d a t i o n s(RIL, JSPL, Tata Motors)were up 3.5% to 5.5%though two of themmarginally (Rs3-Rs5)breached Stop lossesduring panic selling.This week we suggestbuying in LIC Hsg,Biocon and Nagarjuna

    Constructions. Buyingband for LIC Hsg is Rs925-940, Rs 284-288 forBiocon and Rs 165-168for Nagarjuna. Targetssuggested are Rs 985/1020( LIC), Rs308/318(Biocon) and Rs 178/184(Nagarjuna).

    Happy investing!

    Cont. from Pg. 15Treding Guide

    position below 1620 with thestoploss of 1661. There are somestrong supports like 1620/1587/1559 and resistants l ike 1655/1688/1705. Over all trend is bearish.

    TATAMOTORS:-Risk takers can make short

    position below 745 with thestoploss of 801. There are somestrong supports like 746/728/704and resistants like 759/781/797. If

    at the starting of the week, thisscrip will close below 745, makeshort position for positional.

    GOLD MCX:-Overall trend is bullish. Do not

    go short until it breaks below18000 level. There are somestrong supports like 18250/18159/

    17977 and resistants like 18460/18585/18715.

    SILVER MCX:-Overall trend is bullish. Do not

    go short until it breaks below28999 level. There are somestrong supports like 29150/28965/28841 and resistants like 29310/29490/29605. As per seeing

    stochastic indicator, we will see someselling pressure in next week.

    EUR/USD:-Optimism triggered yesterday b

    stocks was not enough to push euroabove 1.2440/60 key resistance areaand pair lost some ground, thus sti

    positive in the day; despite thireport tends to focus in the shorterm, long term should not bignored: Italy and Spain workers aimfor big strikes, Germany banned thenaked short selling of bonds, thesovereign debt issues are far fromsolved, and in general, Euro remainstrongly pressured. Hourly chartshow indicators still slightly bearishthus above their midlines, whilecurrent candle low rebounded in th20 SMA, limiting the falls at this point4 hours chart on contrary, remainbullish suggesting pair could retesthe daily high. There are some strong

    supports like 1.1230/1.2290/1.2250and resistants like 1.2400/1.24501.2490.

    GBP/USD:-Pound holds a bullish tone ahead

    of Wall Street opening, consolidatinpast Thursday gains. Hourly indicatorare slightly bullish at this point, thu20 SMA has lost momentum, andturned flat, diluting previoustrength. Bigger time frames showflat indicators with price above 20SMA, and a higher consolidativerange, supporting further recoverieahead. There are some strongsupports like 1.4520/14460/1.4410 and

    resistants like 1.4610/1.4650/1.4690USD/JPY:-Consolidating above 91.00, pair i

    turning bearish in the hourly chartthus pointing more for a limitedbearish correction rather than stronger fall; 200 SMA in the dailyaround 91.00 should act as firssupport level for the pair, thumovement could extend to 90.6area; under this last, pair will confirmfurther falls dulling chances of morrises in next week. There are somestrong supports like 91.00/90.60/90.20and resistants like 91.40/91.80/92.20

    USD/CHF:-Heading higher pair seems ready

    to regain bullish momentum, aapproaching to 1.1545 strongresistance level; with indicatorheading higher and price above 2SMA, above that level pair couldextend the rally to the 1.1600 area, aonly under 1.1450, base of past dayrange, could signal a strongedownside rally. There are some strongsupports like 1.1510/1.1480/1.1450and resistants like 1.1545/1.16001.1640.

    Wipro achieves Pink Verify certification for its eHelpline toolPink Elephant is recog-

    nized as an ITIL LicensedSoftware Assessor, by theAPM group.

    Wipro Infotech, theIndia and Middle East ITBusiness of Wipro Ltd anda leading provider of ITand business transforma-tion services today an-nounced that its eHelplinetool has been certified byPink Elephant, the worldsleading consulting and

    training provider in the ITInfrastructure Library(ITIL) best practicesframework.

    eHelpline version 3.0becomes the first ITSMtool from the Asia-Pacificregion to be successfullyassessed for PINK Verify3.1 for the 3 key processesI n c i d e n tManagement(IM), Prob-lem Management (PM)and Change Management(CM) by the Pink Elephantcorporation for its adher-

    ence to ITIL V3 standards,capabilities for its auto-mation and documenta-tion standards. eHelplinehas also been successfullyassessed for the Bronzelevel OGC SWIRL (Office ofgovernment of Com-merce U.K) Certificate byAPM Group. It is alsoamong the first 5 ITSMproducts that are cur-rently certified on the lat-est PINK Verify 3.1

    toolset. Pink Elephant isrecognized as an ITIL Li-censed Software Asses-sor, by the APM group.With its decade-plus trackrecord of independenttool assessment experi-ence, PinkVerify is themost mature and rigoroustool certification programin the world that objec-tively assesses a softwaretools enabling applica-tions against the defini-tions and workflow re-quirements of the follow-

    ing ITSM processes.Pink Certification for

    eHelpline 3.0 means thetool is in compliance withall the ITIL V3 norms, meth-odologies and recommen-dations. eHelpline has alsobeen assessed for capabili-ties on automation anduser documentation forgetting certified on OGCSwirl an ITIL body. With thisprestigious certification,eHelpline 3.0 would be po-

    sitioned along with theleading ITSM tools in themarket. Over 150 custom-ers are serviced by Wiproshomegrown eHelplinetool. This is indeed an im-portant milestone for usand reiterates our commit-ment to provide our cus-tomers IT best practicesthat are recognized glo-bally, said Mr. RamkumarBalasubramanian, GeneralManager - Practice & Busi-ness Development, Man-age IT, Wipro Infotech.

    A MULTY ANALYST WEEKLY ON LINE

  • 8/22/2019 Ter English

    9/19

    30-05-2010 to 05-06-2010 9

    Hot Weekly Stock Futures For Week (31.05.10 To 04.06.10)

    Hot Positional Stock Futures For Week (31.05.10 To 04.06.10)

    Nifty Future's Prediction for Week (31.05.10 To 04.06.10):-

    Index Closing Price Support Stoploss Target 1 Target 2 Target 3

    Nifty 5041.00 4976 4941 5090 5121 5159

    Sr. Company Closing Support Stoploss Target 1 Target 2No. Name Price

    1 Bajaj Auto 2166.45 2144 2125 2210 2239

    2 Tisco 498.60 493 486 514 527

    3 Sesagoa 365.05 354 343 392 413

    4 TCS 737.15 729 720 763 781

    5 Patni 552.65 546 540 572 590

    Sr. Company Closing Support Stoploss Target 1 Target 2

    No. Name Price

    1 Videocon 205.25 200 196 224 239

    2 Suzlon 61.40 59 57 66 72

    3 Educomp 483.25 475 465 505 520

    4 RIL 1039.05 1027 1018 1058 1071

    5 BEL 1713.80 1694 1675 1807 1940

    ABOVE 5090 WE MAY SEE

    5121,5159,5193 BELOW 4976,WE

    MAY SEE 4941,4921,4900.

    Hot Midcaps/Smallcaps In Short Term For Week

    (31.05.10 To 04.06.10) :-

    Sr. Company Bse Closing Target 1 Target 2 Target 3

    No. Name Code Price

    1 NHPC 533098 29.10 - 32 34

    2 Hind Oil 500186 184.20 - 196 207

    3 Bartronics 532694 140.10 - 151 162

    4 KRBL 530813 23.90 - 27 30

    5 Kalyani Steel 500235 82.65 - 95 106

    6 MRPL 500109 66.50 - 79 90

    7 Radico 532497 122.50 - 133 144

    8 Take 532890 27.05 - 32 36

    9 Indowind 532894 47.95 - 55 63

    10 MTNL 500108 55.95 - 61 68

    11 S Kumar 514304 74.90 - 88 101

    12 Geodesic 503699 105.20 - 122 135

    13 Sona Koya 520057 18.45 - 21 23

    14 Jindal Steel 532286 653.65 - 671 686

    15 HDIL 532873 228.90 - 239 248

    In Volatality We may see stockspecific rise in many stocks in

    Coming Days.

    VISIT : www.theeconomicrevolutiohn.com for latest infromation

    ATTENTIONThe material contained in the Economic Revolution is based on Fundamental

    and Technical analysis & other scientific methods and also the knowledge andbelief of author. Error can not to be rulled out. The information given is of advisorynature only. The Editor, the Publisher and the Author does not take any conse-quences arising out of it. All rights reserved. Reproducing to whole or in part of anymatter including featurs without permision is not permitted. Legal jurisdiction isAhmedabad only.

    The material given in the Economic Revolution is the views of author only, itnot means that Editor is agree with it, so Editor, the Publisher and the printer is

    not resposible for the contains in writers article.

    Narendra Joshi Editor,

    Last week inclear cut words &very very boldlytold u all that, be-low 4842 in nifty fu-ture we may see4797,4775. Whathappened to that??? Nifty futurehad made a low of4786.45 & touched

    our second targetalmost Whatelse u all want.??? Further we hadsaid that, fromlower level we maysee sharp bounceback due to heavyshortcover ing &valuebuying.. &

    due to this we maysee 5076 above

    5020.. Just seewhat hap-p e n e d ? ? ? . . . . . . . . . .Nifty future hadtouched a h ig h of 5054.65 above 5020with huge hugeshort covering&buying at lower lev-els. What else u allwant????..........Our

    paid c l ients hadmade a lots of money in n i f ty fu-ture on both side asper our guidance.Jo in our pa id ser -vices to get perfectcalls in nifty futureo nintraday,btst,stbt,positional

    basis..Contact usafter mkt.hours.

    Fromlast weeks our stockfuture recommenda-t ions, JSW Steelmoved to 1111 fromour reco price 1085,Rolta moved to 176from our reco price

    171, Lupin moved to1846 from our recoprice 1821,Mcdowellmoved to 1204 fromour reco price 1166,TCS moved to 739from our reco price718, Bajaj Automoved to 2179 fromour reco price 2108,Aban moved to 729

    from our reco price 678, Sesagoa movedto 368 from our recopr ice 342 Whatelse u all want??.

    Our paid cl ientshad made a lots ofmoney in stock fu-ture as per our guid-ance. Join our paidservices to get per-fect calls in stock fu-tures on int raday,b t s t , s t b t , p o s i -tional basis.. Con-t a c t u s a f t e rmkt.hours.

    F r o m o u r l a s t

    weeksdeliverybasedrecommendat ions,Videocon moved to208 from our recopr ice 201, Renuk amoved to 61 f romour reco pr ice 53 ,Suzlon moved to 61from our reco price58, P olar i s movedto 180 from our recop r i c e 1 7 2 , K R B Lmoved to 27 f romour reco price 25 &Guj .NRE moved to6 4 f r o m o u r r e c o

    price 57 What else

    u all want???..O u r p a i d c l i -

    e n t s h a d m a d e a

    l o t s o f m o n e y i n

    Del iverybased in-

    v e s t m e n t a s p e r

    o u r g u i d a n c e .

    Join our paid ser-

    vices to get perfectc a l l s i n

    Del iverybased in-

    v e s t m e n t o n

    short,medium,long

    term basis.. Con-

    t a c t u s a f t e r

    mkt.hours.

    Trade On Break Out Side OnlyTo Get Benifited By Trend.

  • 8/22/2019 Ter English

    10/19

    30-05-2010 to 05-06-201010

    MOMENTUMAND TREND

    GUJARATI HARD COPY AVAILABLE IN MUMBAI & GUJARAT

    Nifty for 24/5/2010 to 28/05/2010: Nifty CMP-4931 [

    Key for down trend is now 4818-4800 then target

    4666-4625. for up move from here 4965-4990 then

    5125-5150] - Trend Flat/bearishWeekly high 5077 and Low 4786 [predicted 4800]

    Previous Week performance

    Nifty for 31/5/2010 to 04/06/2010:

    Nifty CMP-5066 [ Key for down

    trend is now 5022-5000 then

    target 4865-8840. for up move

    from here 5090-5100 then 5165-

    5190] - Trend Flat/bearish

    BY looking at thenet increase in pricesover the number ofdays designated by ann-day momentum in-dicator, intermediate

    fluctuations are ig-nored, and the patternin price trend can beseen. The longer spanbetween the ob-served points, thesmoother the results.This is equivalent tofaster and slower mov-ing averages.

    To use momentumas a trend indicator,the momentum spanis selected and plot-ted. A buy signal occurswhenever the value of

    the momentum turnsfrom negative to posi-tive, and a sell signalis when the oppositeoccurs. If a band isused to establish aneutral position or a

    commitment zone, itshould be drawnaround the horizontalline representing themidpoint momentumvalue, usually zero.

    Buy and sell signalsthat occur sooner andare likely to bestopped out more of-ten, use a signal linecreated by smoothing

    the momentum val-ues, in this case usinga simple 3-day movingaverage. Once the mo-mentum value movesabove a thresholdlevel of, for example,70, a sell occurs whenthe momentumcrosses below the sig-nal line. The positionmay he stopped outwhen the momentum

    crosses above the sig-nal line, or when mo-mentum moves aboveits entry level.

    To find the bestchoice of a momen-

    tum span, a samplingof different valuescould be tested foroptimum perfor-mance, or a chartcould be examined for

    some natural pricecycle. Identify the sig-nificant tops and bot-toms of any bar chart,and average the num-ber of days between

    these cycles, or findthe number of daysthat would closely ap-proximate.

    Momentum andtrend traders tend tolook for consensus, in-stances when the willof buyers or sellers inthe marketplace sim-ply overwhelms theother side of the trade,

    either instanta-neously in the form ofa breakout, or overtime in the form of anew, sustained trend.

    Swing tradingstocks as they revertto the mean rely on in-stances when tradersare leaning too far inone direction at thewrong time. Our ap-proach to swing trad-

    ing with Power Rat-ings involves lookingfor instances whentraders are too pessi-mistic toward strongstocks (with high

    Short Term Power Rat-ings) and too optimis-tic toward weakstocks (typically withlow Short Term PowerRatings).

    Indicator Tech-niques Use Trend andMomentum

    As the use of com-puters has becomemore common place

    throughout the six-ties, seventies andeighties, the use of in-dicators in technicalanalysis has becomeincreasingly popular.Before the early sev-enties, most technicalanalysis and tradingwas done based onchart patterns, bethey either bar pat-

    terns (like closingpoint reversal), orlarger geometric for-mations such aswedges and flags.

    With the adventof the hand held cal-culator in the mid tolate seventies andthe PC early in theeighties, the use ofindicator techniqueswhich employ math-

    ematical formulae oralgorithms have be-come common place.Most of the preva-lent and now tradi-t ional algor ithmtechniques employtrending and mo-mentum indicators.

    These indicatorscan be categorizedin three groups:trending indicators,first derivative, and

    second der ivat iveindicators. S implyput, the trending in-dicators, with theirfirst and second de-r ivat ive indicators,

    are simi lar to dis-tance, velocity andaccelerat ion. Thelatter two categoriesare lumped into thegeneral catch-all of m o m e n t u m . Trending indicatorsinclude moving aver-ages and similar indi-cators such as theDMI. First derivativemomentum indica-tors inc lude a l l

    s imple osci l latorsand other measuressuch as stochast i cand RSI. The MACDhistogram is a verygood example of a

    second der ivat ivindicator as it is thedifference betweean oscillator and itown average.

    I f u w a n t t o

    know about Techni

    cal analysis classe

    c o n d u c t e d b y m e

    s e n d t h e d e t a i l

    a b o u t y o u t o

    [email protected]

    I w i l l r e v e r t b a c

    w i t h c o u r s e d etai ls. P lease men

    tion the reference

    as TH E ECONOM IC

    REVOLUTION

    Nifty to touch 5,150-5,200 in the short-term

    RAJESH KOTHARI

    (M) 09892145335

    CRACKERS

    TV-18 B UY 77.5 82 88 75

    IBSEC B UY 30.5 34 38 28

    FCH B UY 149 155 165 145

    MTNL B UY 56 62 68 51

    TATA STEEL B UY 496 515 535 485

    RELIANCE B UY 1036 1050 1088 1015

    REL MEDIA B UY 172 180 190 165

    BRANDHOUSE B UY 46 50 54 44

    J ETK ING B UY 143 152 158 137

    Scrips CURRENT TGT 1 TGT 2 STOP

    Name PRICE LOSS

    The pullback rallycont inued for theth i rd st ra ig htsess ion and the

    markets clockedanother steadysession with no signsof volatility.

    The Nifty to touch5,150-5 ,200 in theshort-term. The rallywi l l depend on themonsoons.Thats ab ig quest ion markand the answer tothat would be known

    only in firstweek ormay be inthe middle

    of July. So,expect themarkets tor e m a i nrangebound

    till then. Thereafter,depending on theprogress of themonsoon,

    we could see thisrange being brokeneither on the upside

    or downside.Buy Reta i l ,O i l

    & G a s &E n t e r t a i n m e n tS e c t o r . B u yReliance,TV-18 &Jetk ing.

  • 8/22/2019 Ter English

    11/19

    30-05-2010 to 05-06-2010 11

    NAME : NIFTY

    BUY ABOVE : 5040RES-1 : 5080RES-2 : 5110RES-3 : 5180SELL BELOW : 5040SUP-1 : 4990SUP-2 : 4930SUP-3 : 4890

    NAME : BANK NIFTYBUY ABOVE : 9210RES-1 : 9250RES-2 : 9290RES-3 : 9354SELL BELOW : 9210SUP-1 : 9170SUP-2 : 9120SUP-3 : 9047

    NAME : TATATEABUY ABOVE : 1060RES-1 : 1069RES-2 : 1075RES-3 : 1090SELL BELOW : 1060SUP-1 : 1048SUP-2 : 1026SUP-3 : 1018

    NAME : GAIL

    BUY ABOVE : 450RES-1 : 455RES-2 : 461RES-3 : 469SELL BELOW : 450SUP-1 : 445SUP-2 : 441SUP-3 : 432

    NAME : RECBUY ABOVE : 280RES-1 : 287RES-2 : 290RES-3 : 294SELL BELOW : 280

    SUP-1 : 273SUP-2 : 270SUP-3 : 266

    NAME : CAIRNBUY ABOVE : 290RES-1 : 295RES-2 : 300RES-3 : 312SELL BELOW : 290SUP-1 : 284SUP-2 : 281SUP-3 : 276

    DR. DIPESH GOHIL

    Mo. 9727990980

    [email protected]

    OUR PERFORMANCESTOCKS REC. HIGH TGT

    PRICE /LOWNIFTY 4930 5077 2 TAR. ACHVD.BANK NIFTY 9135 9292 3 TAR. ACHVD.HDIL 2 14 201.70 1 TAR. ACHVD.SCI 1 5 4 16 7 2 TAR. ACHVD.

    MARUTI 1238 1248 1 TAR. ACHVD.CESC 3 6 5 35 0 2 TAR. ACHVD.

    WE WEL COME ADVERTISE FOR THIS PLACE

    1) TATA POWER( 1271.65 ) :- In thisscrip near termsupport at 1264 andbuy with the stop lossof 1258 on the upperside first target is1280 then Rs. 1292- 1305 to 1311.

    2) ORACLE. (2086.00 ) :- In thisscrip near termsupport at 2075 and

    buy with the stop lossof 2067 on theupper side firsttarget is 2097then Rs. 2106 2117 to 2135.

    3) KEC (480.80 ) :- In thisscrip near termsupport at 474and buy with thestop loss of 467on the upper sidefirst target is 486then Rs. 493 502 to511.

    4) LNT ( 1626.10) :- In this scrip nearterm support at 1618and buy with the stoploss of 1607 on theupper side first targetis 1635 then Rs.1648 - 1662 to1684.

    5) DR.REDDY (1362.50 ) :- In thisscrip near termsupport at 1355 andbuy with the stop loss

    of 1347 on the upperside first target is1371 then Rs. 1382- 1396 to 1414 .

    6) ONGC (1130.95 ) :- In thisscrip near termsupport at 1123 andbuy with the stop lossof 1116 on the upperside first target is1138 then Rs. 1152- 1165 to 1172.

    7) MNM ( 545.05) :- In this scrip near

    term support at 541and buy with the stoploss of 534 on the

    upper side first targetis 553 then Rs. 561-568 to 577 .

    8) BHEL (2319.00 ) :- In thisscrip near termsupport at 2311 andbuy with the stop lossof 2304 on the upperside first target is2327 then Rs. 2338- 2352 to 2368 .

    9) Jsw ( 1713.95 ):- In this scrip near

    term support at 1706and buy with the stoploss of 1698 on thupper side first targeis 1722 then Rs1735 - 1748 to 1756

    10) BOMBAYDYE. ( 502.25 ) :In this scrip near termsupport at 497 andbuy with the stop losof 491 on the uppeside first target i

    513 then Rs. 520 525 to 532 .11) ACC

    826.90 ) :- In thiscrip near termsupport at 82and buy with thstop loss of 815on the upper sidfirst target is 83then Rs. 842 - 84to 862.

    12) REL 1056.25 ) :- In thiscrip near termsupport at 1048 and

    buy with the stop losof 1042 on the uppeside first target i1064 hen Rs. 1073 1087 to 1098

    13) BAJAJ FIN. 462.10 ) :- In thiscrip near termsupport at 456 andbuy with the stop losof 451 on the uppeside first target i468 then Rs. 473 480 to 486.

    IOC likely to go for FPO to fund projectsState run Indian Oil

    Corporation (IOC) islikely to go for a fol-low-on-offer (FPO).BM Bansal, chairman ofthe company has saidon CNBC-TV18 that itmight go for FPO atappropriate time tofund its upcomingprojects.

    However he saysthat launching a FPO isdifficult without trans-

    parent fuel pricepolicy.

    The company isi m p l e m e n t i n gprojects worth USD10.1 billion.

    The company hasreported net profit ofRs 5557 crore inQ4FY10 as against Rs6623 crore in same pe-riod of last year. Netsales jumped to Rs66,116 crore from Rs

    59,596.7 crore (YoY).Bansal said th

    company adjusted R10,690 crore cash subsidy in Q4. Domestiproduct sales rose to16.6 mt in Q4 versu16.5 mt (YoY).

    Exports jumped to1.1 mt versus 0.9 mwhile refinerthroughput declined to13.3 mt versus 14.8 m(YoY).

  • 8/22/2019 Ter English

    12/19

    30-05-2010 to 05-06-201012

    ANURAG GUPTA MOBILE : 9255191643

    WEEKLY SUPPORT AND RESISTANCE LEVELS

    SYMBOL CLOSE TREND RES2 RES1 TREND SUPP1 SUPP2LEVEL

    PLEASE UNDERSTAND BEFORE YOU TRADE

    1.This model is based on the premise that the TREND LEVEL is the most important price level that decidesthe intraday trend. Much like how the door or a window hangs by a hinge and sways in the wind, the intradaytrend also hangs by this TREND LEVEL and swings because of the demand-supply, volatility and markesentiments prevailing in the market. Hence its importance in intraday trading.2. Opening Price is considered around close of previous day. Avoid BUYING if Prices open abnormally Highand Avoid SELLING if prices open too low.3. If the market price is stable above the TREND LEVEL, then GO LONG. and book profit near theresistant level (res1 and res2)4. If the market price is stable below the TREND LEVEL, then GOSHORT. and book profit near thesupport level (sup1 and sup2)5. STOP LOSS:Since you are aware of the potential returns at the time of initiating an intraday trade(difference between the entry price and profit targets), you should set up an appropriate STOP LOSSaround 1% above below of the trade price to protect yourself if the market turns and goes against you.6. ALTERNATE STRATEGY:If you have already initiated a trade with clear-cut profit targets and a stop losslevel, and find during the course of the trading day that the market turns and goes the other way and crosses theTREND LEVEL, then trade again: .For instance, if your first trade was a LONG trade and the market price dropthrough the TREND LEVEL to lower price levels, then GO SHORT.. And, if your first trade was a SHORT tradeand the market price rises through the TREND LEVEL to higher price levels, then GO LONG .

    TRADING GUIDELINES (or how to trade using this sheet):

    GET ONE DAY FREE TRIALSEND SMS ON MOBILE 9992012310

    YOUR NAME, MOBILE NO. ,EQUITY ORCOMMODITY

    FROM 31 May TO04 June 2010

    Email

    [email protected]

    NF MAY FUTURE 5041.00 BULLIS H 5228.90 5134.95 4960.70 4866.75 4692.50ABB F UTUR E 867.50 BULLIS H 910.30 888.90 854.60 833.20 7 98.90ACC F UTUR E 822.30 BEARIS H 903.30 862.80 834.90 794.40 7 66.50BANKBARODA FUTURE 690.35 BULLISH 740.78 715.57 694.53 669.32 648.28BEL FUTURE 1 71 3.80 BEARISH 1 81 3.17 17 63 .4 8 1 711 .8 2 1 66 2.13 1 610 .4 7BHEL FUTURE 2321.40 BEARISH 2405.63 2363.52 2297.88 2255.77 2190.13BP CL F UTUR E 566.55 BULLIS H 591.92 579.23 563.32 550.63 534.72CA NBK F UT UR E 400.80 BEARIS H 437.80 419.30 402.30 383.80 366.80CENTURYTEX FUTURE 449.70 BULLISH 477.93 463.82 442.18 428.07 406.43CIPLA F UTURE 321.05 B UL LISH 330.68 325.87 317.93 313.12 305.18DA BUR F UT UR E 185.10 BULLIS H 190.80 187.95 182.75 179.90 174.70DLF FUTURE 280.65 BULLISH 299.52 290.08 272.87 263.43 246.22DIVISLAB FUTURE 7 30.75 BULLISH 7 76 .12 7 53 .43 72 1.22 69 8.53 6 66.32DRREDDY FUTURE 1361.85 BULLISH 1450.08 1405.97 1331.48 1287.37 1212.88EDUCOMP FUTURE 48 3.25 BEARISH 54 6.65 5 14 .9 5 4 78 .3 0 4 46.60 4 09.95GAI L F UT URE 449.55 BEARIS H 470.42 459.98 448.57 438.13 426.72GRASIM FUTURE 1852.55 BEARISH 2066.28 1959.41 1871.15 1764.28 1676.02HCLTECH FUTURE 37 4.05 BULLISH 39 2.05 38 3.05 36 7.45 35 8.45 34 2.85HDFC FUTURE 2779.60 BULLISH 2913.87 2846.73 2726.87 2659.73 2539.87HDFCBANK FUTURE 1882.20 BULLISH 1974.03 1928.12 1857.98 1812.07 1741.93HDI L F UT URE 229.45 BULLIS H 251.95 240.70 221.40 210.15 190.85HEROHONDA FUTURE 1890.25 BULLISH 1963.05 1926.65 1883.30 1846.90 1803.55

    HINDUNILVR FUTURE 234.15 BULLISH 240.85 237.50 231.55 228.20 222.25ID FC F UT UR E 153.45 BULLIS H 165.22 159.33 150.47 144.58 135.72IDBI F UT URE 111.85 BULLIS H 118.92 115.38 110.47 106.93 1 02.02IFCI FUTURE 52.85 BULLISH 55.32 54.08 51.92 50.68 48.52HINDPETRO FUTURE 358.85 BULLISH 379.62 369.23 351.62 341.23 323.62ICICIBANK FUTURE 850.80 BULLISH 911.47 881.13 842.47 812.13 773.47INDIACEM FUTURE 11 0.85 BULLISH 11 5.68 11 3.27 11 0.23 10 7.82 10 4.78INFOSYSTCH FUTURE 2665.90 BULLISH 2786.80 2726.35 2613.25 2552.80 2439.70IOC FUTURE 342.20 BULLISH 368.73 355.47 338.18 324.92 307.63ITC FUTURE 273.45 BULLISH 290.32 281.88 270.42 261.98 250.52IVRCLINFRA FUTURE 156.80 BULLISH 172.53 164.67 154.23 146.37 135.93JSWSTEEL FUTURE 1094.65 BULLISH 1205.75 1150.20 1068.45 1012.90 931.15LT FUTURE 16 27 .6 5 BULLISH 1 70 5.95 166 6.80 16 09.55 1 57 0.40 15 13 .1 5M &M F UT UR E 545.45 BULLIS H 585.08 565.27 536.43 516.62 487.78MARUTI FUTURE 1221.80 BEARISH 1294.03 1257.92 1217.58 1181.47 1141.13MTNL FUTURE 56.35 FLAT 60.02 58.18 56.47 54.63 52.92ONGC FUTURE 1130.35 BULLISH 1198.05 1164.20 1111.15 1077.30 1024.25ORIENTBANK FUTURE 321.90 BULLISH 346.20 334.05 320.65 308.50 295.10PRAJIND F UTURE 79.55 BEARISH 86.35 82.95 79.00 75.60 71.65PUNJLLOYD FUTURE 137.40 BULLISH 147.40 142.40 134.20 129.20 121.00PFC FUTURE 290.70 BULLISH 305.43 298.07 288.03 280.67 270.63

    PAT NI F UT UR E 552.65 BULLIS H 577.02 564.83 548.77 536.58 520.52RANBAXY FUTURE 42 8.15 BULLISH 44 6.45 43 7.30 42 0.45 41 1.30 39 4.45RELINFRA FUTURE 1065.45 BULLISH 1161.55 1113.50 1059.75 1011.70 957.95RELCAPITAL FUTURE 648.75 BULLISH 739.38 694.07 664.68 619.37 589.98RELMEDIA FUTURE 172.20 BULLISH 192.57 182.38 171.42 161.23 150.27RELIANCE FUTURE 1039.05 BULLISH 1086.65 1062.85 1023.20 999.40 959.75ROLTA F UT UR E 164.25 BEARIS H 180.75 172.50 167.15 158.90 153.55RPOWER FUTURE 15 6.75 BULLISH 16 8.75 16 2.75 15 2.90 14 6.90 1 37.05RNRL FUTURE 52.70 BULLISH 61.17 56.93 52.52 48.28 43.87SBIN FUTURE 2222.25 BEARISH 2391.42 2306.83 2224.42 2139.83 2057.42TATAMOTORS FUTURE 749.80 BEARISH 832.73 791.27 731.33 689.87 629.93TATAPOWER FUTURE 1261.50 BULLISH 1316.97 1289.23 1242.12 1214.38 1167.27TATATEA FUTURE 1060.85 BEARISH 1176.28 1118.57 1059.28 1001.57 942.28TCS FUTURE 737.15 BULLISH 778.55 757.85 725.60 704.90 672.65TATASTEEL FUTURE 498.60 BEARISH 548.70 523.65 498.85 473.80 449.00TITAN FUTURE 2219.50 BEARISH 2357.83 2288.67 2201.83 2132.67 2045.83TATACOM FUTURE 32 0.80 BULLISH 35 0.80 33 5.80 31 6.00 30 1.00 28 1.20UNITECH FUTURE 73.60 BULLISH 80.60 77.10 71.15 67.65 61.70WI PR O F UTU RE 664.20 BULLIS H 693.47 678.83 652.27 637.63 611.07ZEEL FUTURE 283.90 BE ARI SH 309.17 296. 53 283.27 270.63 257.37

    Madhav Ranade(M) 09371002943 or

    email :[email protected]

    Markets worldwide played to myscript. They lost considerable groundon first two days and made a fairlysmart recovery on following days get-ting cl oser or beyond 200 DMA.

    US and UK markets are closed onMonday and our operators will seizesuch an opportunity with alacrity . Spaindowngrade late Friday evening means

    Asia and Europe wil l be under pressureon Monday but there is every possibil-ity that our bull operators will ramp-upthe market sometime duri ng the day.

    I will use this bump-up to lighten mystuck longs.

    Overall the w eek will be domin atedby global cues and FII flows. Our im-proved macro picture is a long termpositive but in the short term immedi-ate triggers prevail. Last week I hadsuggested to buy some stocks for in-vestment. 7% t o 10 % with in a week isfabulous return and wherever you haveless conviction ( autos for me ) someprofit booki ng can be considered.

    If you want nifty intra / weekly trad-

    Trading levels

    for 31st May /

    4th June 2010

    ing levels you will h ave tobecome paid member ofNIFTY group.

    Please remember CAPI-

    TAL is always scarce andneeds to be respected.

    THE NEW NIFTYGROUP HAS BECOME APAID GROUP FROM 9TH

    APRIL.h t t p : / /

    finance.groups.yahoo.com/g r o u p / s u m a m u r a -nifty/ I am now availableon yahoo messenger onmost of the trading daysand you can add me on youryahoo messenger. My ya-hoo id is madhavranade1

    Please call me if youhave any doubts or youneed levels for some otherstock. I am available on09371002943 or [email protected]

    BSE Indices

    comodities

    World indices

    posn trading lvls date 31st may / 4th june 2010stock / index go entry targets stoplossBSE SENSEX shor t 16800 16550/300/050 16925

    long 17050 17300/550 16925BSE auto index short 7580 x 7655

    long 7655 x 7580BSE bank index short 10515 x 10615

    long 10615 x 10515BSE capital goods short 13625 x 13750

    long 13750 x 13625BSE FMCG index short 2918 x 2953

    long 2953 x 2918BSE health index short 5380 x 5430

    long 5430 x 5380BSE metal index short 15250 x 15380

    long 15510 x 15380BSE oil & gas INDEX short 9930 x 10120

    long 10120 x 9930

    BSE PSU index short 8900 x 8980long 8980 x 8900

    BSE realty index short 3110 x 3150long 3150 x 3110

    all rates in US dollarscommodity weekly levels 31st may / 4th june 2010 unittype go entry targets stoplossgold short 1199 1193/87/81/75/69/63 1211 troy ounce

    long 1211 1214/23/32/41/50 1199silver short 18.18 17.81/17.45/17.07 18.31 troy ounce

    long 18.31 18.62/18.93/19.24/19.55 18.18crude short 72.1 71.6/70.9/70.2/69.5/68.8/68.1/67.4 72.7 barrel

    long 72.7 73.4/74.3/75.2/76.1/77/77.9/78.8/79.7 72.1copper short 3.13 3.09/3.05/3.01/2.97 3.17 pound

    long 3.17 3.21/3.25/3.29/3.33 3.13natural gas short 4.35 4.3/4.25/4.2/4.15 4.4 mmbtu

    long 4.4 4.45/4.5/4.55/4.6 4.35sugar short 470 464/58/52/46/40 476 tonne

    long 476 482/88/94/500 470

    world indices weekly levels 31st may / 4th june 2010index go entry targets stoplossdow jones index short 10130 10030/9900/9770/9640/9510/9380 10240

    long 10240 10300/410/530/640 10130nasdaq composit short 2248 2224/2200/2176/52/28/04 2272

    long 2272 2296/2320/44/68 2248s&p 500 short 1084 1073/63/53/43/33 1093

    long 1093 1103/12/22/31/41/50/60 1084FTSE short 5200 5160/115/5085/40/5000 5245

    long 5245 5285/5330/70/5415/55 5200nikkei 225 short 9750 9600/450/300/150/9000 9825

    long 9900 10030/160/290/420/550 9825australia ordinary short 4480 4430/390/350/310/270/230 4515

    long 4550 4600/640/680/720/760/800 4515hang seng short 19920 19590/19260/18930 20150

    long 20150 20500/20850/21200 19920shanghai composit short 2645 2605/2565/25/2485/45/05 2675

    long 2675 2715/55/95/2835/75 2645

  • 8/22/2019 Ter English

    13/19

    30-05-2010 to 05-06-2010 13

    DineshNagpal

    Ph: 9830039085EMail: [email protected]

    What has happened in GREECE till nowWhat has happened in GREECE till nowWhat has happened in GREECE till nowWhat has happened in GREECE till nowWhat has happened in GREECE till now Greece is

    swamped by 300bneuros of debt.Greeces public debtwould stabilize above150% of its GDP and

    3% in terms of EuroGDP.

    The EuropeanUnion has approvedof a $1 trillionemergency rescuepackage. The largestfinancial rescue of anation frombankruptcy willinvolve credit of 80billion euro from the15 other euro zonenations and 30 billioneuro from theI n t e r n a t i o n a lMonetary Fund.

    I M P E N D I N GDISASTER

    This defic itdid not occur over-night. It has beenrising since a decade.Mismanaged financialgovernance, excessivespending on debtwith poor internalresources are keytriggers. The GreekGovt had been under-reporting fiscalspending uptilOctober 2009 untilthe ministry changedand disclosed.

    The creation andemergence of EURO

    Euro wascreated in the late 90sand came into fulleffect by 2001. Themajor Europeancountries Germany,France, Belgium tookthe initiative ofswapping theircurrencies for 1

    common Euro in1998. With time many

    jo in ed , Gr eec eswapped for the Euroin 2001.

    Euro is a

    currency based on amonetary union, witha European CentralBank, but not a fiscalunion. That meansthat each governmentof each Euro zonecountry decides itsown governmentspending (ie fiscalpolicy), and thereforewhether it runs adeficit and needs toborrow money.Normally, a countryneeds to manage bothmonetary and fiscalpolicy to manage itseconomy, and in

    particular to get out ofrecession whilemanaging inflation.

    The design of the EMU did notcreate a formalprocedure forsomething theythought would rathernot happen, thatdoesnt mean it wonthappen. This was oneof the reasons Britaindecided not to join thesingle currency. Theyfeared if a country orfew would run muchlarger deficits thanwere allowed. Theresult would be acolossal mess.

    Measures takenby GREECE so far.

    Pass a new taxlaw to help slashdeficit. Agree to slash$38 billion from thestate budget over the

    next three years. Notrenewing tens ofthousands ofcontracts in thepublic sector. To closedown or merge

    hundreds of public-sector organizations.Shrinking local

    g o v e r n m e n t ,scrapping some 6,000s e m i - o f f i c i a lo p e r a t i o n s .Thousands of boardmembers will be out

    of jobs. Has already

    passed an Act whichincreases theretirement age offemales, discourageearly retirement andreduction in interestin pensions funds,higher for thoseseeking voluntaryretirement.

    Damages beyondGREECE

    Spain hasmerged 4 of its banksin order to save themfrom the crises and gobankrupt. Germanyhas threatened towithdraw from theEuro if weakenednations dont takeharsh measures.

    According toestimates that by2014, total Eurozonedebt will exceed 88%

    of GDP even withouta Greek default. Atthat stage, Italy wouldhave a 126% debt-to-GDP ratio, actuallyhigher than Greece at

    116%, and followed byBelgium at 109%,Portugal at 102%,

    France at1 0 0 %Ireland at89% andSpain at81%. EvenG e r m a n y ,the richesteconomy inEuro zone

    that was looked to forbai louts (anopportunity it haseffectively declined),weighs in at 74%.While the IMF-

    World Bank modelsuggests is a healthydebt level for a strongeconomy; 50% of GDP, two timesexports and three

    times governmentrevenues.

    The Greekcrisis will likely forceother weak economiesin the euro zone to get

    their deficits undercontrol, with ac o r r e s p o n d i n greduction in demand.Europe couldexperience a double-dip recession,possibly againslipping into acontraction in 2010. Itcould also lead to astagnation scenario,much like the one

    Japan has experiencedfor the past 20 years.

    India shipsabout a fifth of itsexports to theEuropean Union, andi f those fa lter , theresulting pain wouldmove along tightlyknit supply chains andm a n u f a c t u r i n gnetworks. Companieswill have a tough timein getting QIP fundsand FCCBredemption pressurewill be maximum.

    China whichhas over US$ 2trillion in forexreserves was over a yearworking on reducingUS$ positions withthat of Euro. Not onlyis that idea shelved ithas also announced

    that this years targeof 10% export jump iruled out.

    E q u i tmarkets have seen 80% rise in from low

    of 2009. The Greecdebt spread can causa 10 20% correctionin the next 6 months

    USA has seenimprovement inconsumption withreduction in importand increase inexports in 2009-10The strong EUROwill help them furthetheir cause. However, strong US Dollar canhurt US exports andmake imported goodcheaper therebe f f e c t i nemployment.

    India has very high fiscal deficiand political motivecan disrupt reformand imbalance furthethe GDP: FiscaDeficit. MoreoverIndias dependence onForeign Investmentis very high. Anydisruption in flow wilhave damagin

    consequences in thchain of growth. RBhas plans to exit fromstimulus whichmaybe stalled delayed due to thcurrent turmoil.

    Why the Greece crises is different from all other crises

    Retirement AgePopulationGrowthImmigration

    Germany58-vePoor due to lan-guage and limitedresources.

    Greece50-vePoor due tolanguage andlimited re-sources.

    India58+veHigh Populationhas effectivelysupported braindrain.

    USA65StableStringent yet seesmillions of immigrantsmoving in.

    The current crises is similar to the 1931 Great Depression crises countries are havingsimilar high debt and default crises. During that time money flowed into US Bonds and

    Gold which lead to fall in US$ and thereby massive correction in EQUITY markets.

    Standard Chartered IDR

    subscribed over 2 times

    IF NOT AVAILABLE IN MUMBAI CALL OUR DISTRIBUTOR : PHONE (022)30224757

    The StanChart issuegot bids for more than449mn IDRs as against

    204mn IDRs on offer.The Indian Deposi-tory Receipts (IDR) is-sue of Standard Char-tered Plc received amuted response andwas eventually sub-scribed more than twotimes on Friday, whichwas the last day of thebookbuilding. The is-sue opened for gen-eral subscription onMay 25.

    The StanChart issuegot bids for more than449mn IDRs as against

    204mn IDRs on offer.Retail investors andeligible employeessubscribing to IDRs un-der the retail and theemployee portion re-spectively, and whosebid amount does notexceed Rs100,000, willbenefit from a further5% discount to the fi-nal issue price.

    Ten IDRs will repre-sent one underlying

    share of StanChart andthe new shares issuedin aggregate would

    constitute 1.16% of thepost-issue paid-ucapital of the company

    The Anglo-Asiabank offered ~240mIDRs at Rs100 to Rs115each. It sold 15% of theoffering to so-calledanchor investors including ICICI Prudential Asset ManagemenCo. and Reliance Capital Ltd. for Rs104 ashare.

  • 8/22/2019 Ter English

    14/19

    30-05-2010 to 05-06-201014

    A MULTY ANALYST WEEKLY ON LINE

    000000000

    Sr_ Scrip Close Trade Price Tgt 1 Tgt 2 Tgt 3 Stop

    No Name Price Type Range Loss

    TRADING LEVEL -29-May-2010

    1 NIFTY 5 0 6 6 SELL BELOW 5 0 4 5 5 0 2 0 4 9 9 5 4 9 7 5 5 0 8 5

    2 NIFTY 5 0 6 6 B U Y 49 20-495 0 4 9 7 5 5 0 2 0 5 0 6 0 4 8 8 0

    3 Bank Nifty 9 3 1 2 SELL BELOW 9 2 5 0 9 2 0 0 9 1 6 0 9 1 0 0 9 4 1 0

    4 Bank Nifty 9 3 1 2 B U Y 89 90-902 0 9 1 0 0 9 1 5 0 9 2 3 0 8 9 8 0

    5 A C C 8 2 6 B U Y 81 8-8 24 8 3 0 8 3 8 8 4 0 8 0 8

    6 APPOLLO TYERS 7 0 .5 B U Y 65-68 7 0 7 2 7 5 6 2

    7 BANK OF INDIA 3 2 5 B U Y 31 8-321 3 2 5 3 2 8 3 3 4 3 1 2

    8 B E L 1 7 0 8 B U Y 16 80-170 0 1 7 2 0 1 7 3 4 1 7 5 8 1 6 6 8

    9 B H E L 2 3 1 8 B U Y 22 80-230 0 2 3 2 0 2 3 4 5 2 3 6 0 2 2 6 5

    1 0 CHEENAI PETRO 2 4 5 B U Y 24 2-245 2 4 8 2 5 1 2 5 5 2 3 8

    11 CIPLA 3 2 0 B U Y 31 6-319 3 2 2 3 2 5 3 2 8 3 1 2

    1 2 CUMMINS INDIA 5 6 2 B U Y 55 5-558 5 6 3 5 6 5 5 7 0 5 4 8

    1 3 G E SHIPPING 2 9 6 B U Y 29 0-293 2 9 7 3 0 0 3 0 3 2 8 7

    1 4 HCL TECH 3 7 7 B U Y 37 0-373 3 7 6 3 8 0 3 8 4 3 6 6

    1 5 ICICI BANK 8 6 4 B U Y 82 2-830 8 3 8 8 4 4 8 5 2 8 1 5

    1 6 IDBI BANK 111.5 B U Y 108-110 1 0 5 11 5 11 8 1 2 0

    1 7 IFCI 52 .45 B U Y 51.50-52 52 . 8 5 3 . 5 5 4 5 0 .6

    1 8 INFOSYS 2 6 7 7 B U Y 26 10-262 5 2 6 5 5 2 6 8 5 2 7 0 0 2 5 5 0

    1 9 ON GC 11 3 2 B U Y 110 0-1110 11 2 2 11 3 3 11 4 5 1 0 9 5

    2 0 OFSS 2 0 8 6 B U Y 20 40-206 0 2 0 8 0 2 1 0 0 2 1 2 2 2 0 7 5

    2 1 PATNI 5 5 4 B U Y 54 8-552 5 6 0 5 6 5 5 7 4 5 4 2

    2 2 RANBAXY 4 2 7 B U Y 41 8-422 4 2 8 4 3 3 4 4 0 4 1 2

    NIFTY MIGHT BE IN A RANGE WITH HIGH UPS N

    DOWN AND THE RANGE COULD BE 4950-5150

    AS WE HAD DISCUSSED

    EARLIER THAT METALS

    WILL LEAD THE RALLY

    ON THE UPSIDE DID YOE

    SAW WHAT HAPPENED

    TO STERLITE HINDALCO

    AND SESA GOA.

    IF WE TALK ABOUT SEC-

    TOR SPECIFIC THEN

    THERE IS STILL LOT

    STEAM LEFT IN BANKS

    CONSUMER DURABLES AND

    PHARMA SECTOR.

    DEAR READEROF THE ECONOMICREVOLUTION ,

    N I F T YNAMSKAR,

    SO FRIENDS