- ALCHEM - 219
- ASIANPAINT - 1968
- AUROPHARMA - 1549
- AVENTIS - 2500
- BAJAJELEC - 1367
- BANKBARODA - 832
- BASF - 726
- BPCL - 908
- CENTRALBK - 243
- CIPLA - 463
- CLNINDIA - 592
- CONCOR - 1929
- COROMNFERT - 326
- CRISIL - 6700
- DABUR - 207
- DRREDDY - 1283
- EMAMILTD - 596
- ENGINERSIN - 2268
- ERAINFRA - 320
- ESABINDIA - 909
- EXIDEIND - 147
- FDC -110
- GAIL -575
- GLAXO -2404
- GLODYNE - 617
- GUJRATGAS - 305
- HINDZINC -2022
- IGL - 271
- INDUSINDBK - 248
- INFOSYSTCH - 3790
- IPCALAB - 1305
- IRB - 380
- ITC - 347
- JAYSREETEA - 382
- JINDALSTEL - 1033
- JISJALEQS - 1307
- JKIL - 228
- KANSAINER - 1600
- M&M - 1765
- MARICO - 123
- MARUTI - 2063
- NBVENTURES - 613
- OILCOUNTUB - 216
- ORIENTABRA - 34.65
- PIRHEALTH - 614
- PNB - 1154
- RENUKA - 307
- SELAN - 563
- SHREECEM - 3080
- SIMBHSUGAR - 115
- SUNPHARMA -2160
- TCS -1180
- TORNTPHARM - 485
- TORNTPOWER - 486
- UNIONBANK -404
3i INFO & ABG SHIP View
3IINFOTECH follow up view
On Tuesday, December 8, 2009 we posted about 3IINFOTECH a stock which Quoting around Rs.92 a target of Rs.110-120 in next 8-10months is excellent return and long term growth will be good if new investor can come in.
Talks for acquisition of ICICI Bank Ltd’s controlling 27% stake in 3i Infotech Ltd have veered to a likely price range of Rs 110-120 a share, sources told NewsWire18. http://www.business-standard.
Technical View: 3IINFO has made a double bottom of Rs.75 in Oct & Nov after correcting from high of Rs.105, and Rs.106 would be strong resistance being Gap-down level formed in 15/09/2009 after 16months the possibility of closing the gap can arise.
ABG SHIP looks good at Rs 199
ABG Shipyard Ltd. -- which earlier this month exited from a bidding war to gain control of Great Offshore Ltd. -- said Wednesday it will keep its remaining shares in the offshore oilfield services company.
- ABG and unit Eleventh Land Developers Pvt. Ltd. sold about 3.07 million shares--or an 8.27% stake--of Great Offshore Dec. 2. via a secondary market transaction.
- ABG--India's largest private shipbuilder by sales--now has only 571 shares in Great Offshore.
- ABG has outstanding shipbuilding orders of 126 billion rupees, which are to be serviced until 2014.
- "Globally, ships are getting decent charter rates," Mr Datar, ABG's CFO said. "The global shipbuilding market looks robust. We have had no cancellations so far."
- The company is investing 16 billion rupees to build a new facility at Dahej in the western state of Gujarat. The facility will include a unit to build jackup oil rigs. "About 85% of the facility is complete," he said, adding that the entire facility including a new ship lift should be ready by June.
- ABG has already received a $440 million order from Essar Oilfield Services Ltd., a unit of Essar Shipping Ports & Logistics Ltd., to supply two jackup oil rigs from mid-2011.
- Mr. Datar said ABG has no plan to raise funds and will finance the expansion from its cash reserves, currently at 10 billion rupees. The company has total debt of INR26 billion to 27 billion rupees, at 10%-10.5% interest rates, he said.
http://www.moneycontrol.com/
http://online.wsj.com/article/
SCRIP = VIP INDUSTRIES LTD. (NSE),
SCRIP CODE = VIPIND,
PREVIOUS CLOSE = 169.15,
STOP LOSS = 159,
TARGET = 266.
FOR INTRADAY MOVEMENT OF THE STOCKFILTER PLEASE Click Here!
(OR CLICK THE LINK ABOVE LIVE SENSEX WATCH.)
CHART AS ON 24-12-2009
WITH A CONSIDERABLE RISE IN VOLUMES, THE STOCK HAS GIVEN A FRESH BREAKOUT IN THE LAST TRADING SESSION. THE STOCK WAS IN CONSOLIDATION SINCE DECEMBER.
THE STOCHASTICS SHOWS A POSITIVE CROSSOVER.
TECHNICAL ANALYSIS AND PORTFOLIO MANAGEMENT SUGGESTS THIS COUNTER GOOD FOR A SHORT TO MEDIUM TERM RANGE.
STRICTLY MAINTAIN AND FOLLOW THE STOP LOSS.
SCRIP CODE = VIPIND,
PREVIOUS CLOSE = 169.15,
STOP LOSS = 159,
TARGET = 266.
FOR INTRADAY MOVEMENT OF THE STOCKFILTER PLEASE Click Here!
(OR CLICK THE LINK ABOVE LIVE SENSEX WATCH.)
CHART AS ON 24-12-2009THE STOCHASTICS SHOWS A POSITIVE CROSSOVER.
TECHNICAL ANALYSIS AND PORTFOLIO MANAGEMENT SUGGESTS THIS COUNTER GOOD FOR A SHORT TO MEDIUM TERM RANGE.
STRICTLY MAINTAIN AND FOLLOW THE STOP LOSS.
It was a mind-blowing rally on D-Street. The Nifty rallied to close at 2009 closing high of 5178. Santa Claus had come to town. Lets see where we can go from here.
It was a Bear Trap nicely set by having huge OI built at 5000 and 5100 calls. This is the third month running that OI has been used to mislead the punters.
The Markets rallied as anticipated from 4944, key support areas. They retraced all the losses made in 5-6 sessions in a couple of sessions. The Faster retracement theory states that this is a fresh up move.
The FIIs made huge purchases on both Wednesday and Thursday thus debunking that they are on vacations.
The FM came out with rosy GDP projections which proved to be trigger. Remember the Government has massive disinvestment to be made while the going is good. Expect more such noises.
The Dollar Index rallied from 74 to 78. It may retrace a few of the gains made. This rally in Indian equities has some more steam left.
The famous December - April effect will now come into play. I will post more on that later.
The US markets look all set to rally to their next pivot point of S&P 1166. That is a good 4 pc more up-move.
5300-5350 seems to be the next target areas based on both fundamental and technical factors.
I continue to SIP in Gold.
Remember while enjoying the present, on must plan for the future. What 2010 holds is a different post altogether. Lets use these holidays to plan for 2010.
It was a Bear Trap nicely set by having huge OI built at 5000 and 5100 calls. This is the third month running that OI has been used to mislead the punters.
The Markets rallied as anticipated from 4944, key support areas. They retraced all the losses made in 5-6 sessions in a couple of sessions. The Faster retracement theory states that this is a fresh up move.
The FIIs made huge purchases on both Wednesday and Thursday thus debunking that they are on vacations.
The FM came out with rosy GDP projections which proved to be trigger. Remember the Government has massive disinvestment to be made while the going is good. Expect more such noises.
The Dollar Index rallied from 74 to 78. It may retrace a few of the gains made. This rally in Indian equities has some more steam left.
The famous December - April effect will now come into play. I will post more on that later.
The US markets look all set to rally to their next pivot point of S&P 1166. That is a good 4 pc more up-move.
5300-5350 seems to be the next target areas based on both fundamental and technical factors.
I continue to SIP in Gold.
Remember while enjoying the present, on must plan for the future. What 2010 holds is a different post altogether. Lets use these holidays to plan for 2010.
GPIL broke out from medium term high with good volumes and the chart looks very bullish.The stock has immediate target of 232 and then 300 in med term.
Infosys is moving higher in its 5th wave and making all time highs. When a scrip makes all time highs, it is difficult to put a target or resistances. The prices have overcome all the pent-up supply and moving higher due to good demand for the scrip.
Macd indicator shows a developing negative divergence, a factor which may be kept on the back of your mind to play a reversal in case the price reverses from the mentioned levels.
Macd indicator shows a developing negative divergence, a factor which may be kept on the back of your mind to play a reversal in case the price reverses from the mentioned levels.
Today, the Nifty posted its highest close at 5178.4 This weekly chart shows a channel and as long as we are in the channel, markets are bound to reach the upper boundary. During the past month, we saw some real crazy two way moves on intraday time frame. But when we step back from the intraday and daily noise, and take a look at the weekly frame, things become crystal clear - we are in an established uptrend, period.
No comments:
Post a Comment