Indian Stock Market Blog

Intraday 01-11-2006. November 1, 2006

Buy for the day:
GTC,
HFCL,
HLL,
Clutch,
Era Cons,
Tata Tea,
Tech Maindra,
Tata Steel,
Mc Leod Russel.

Intraday 16-08-2006. October 16, 2006

Buy following stocks for intraday:

TCS,
Sterlite Opt,
Eicher Motors,
GMR Infra.

Buy TCS Future at market price in morning above 1110/= for target 1140/= to 1150/=. Also TCS call option at 23.30 looks good for target 30/= to 35/=. LOT:250.

Regards,
Bhavin

Intraday 13-10-2006. October 13, 2006

Correction looks unlikely now. Market can touch 13500 on rise at any time. Though one should take enough care before going long. In bull market you dont need analysis, In bear market there is no need of it. 🙂
Look at the following script and buy as much as possible in morning itself:

1: AREVA.
2: Educomp.
3: HCC.
4: Hindalco.
5: Hind Zinc.
6: IVRCL Infra.
7: ITI.
8: HMT.
9: Moser Baer.
10: MSK Pro.
12: Voltas.
13:Suzlon.

Intraday 12-10-2006. October 12, 2006

Buy:

IVRCL Infra,
Moser Baer,
REL Capital,
Sesa Goa for intradays.

Intraday 11-10-2006 October 11, 2006

Please dont buy anything today now. It can proove to be trap for all.

Thanks,
Bhavin.

Intraday 11-10-2006 October 11, 2006

Buy:

Educomp,
Ds Kulkarni,
Hind Zinc,
Chambal Fertilisers,
AIA Eng,
RCOM,
Sterlite Optics.

Intraday 10-10-2006 October 10, 2006

Buy Gwalior Chemical for intraday.

One can also look at AIA, ACC, Dewan Hous, Henkel,Tulip.

Regards,
Bhavin.

Intraday 09-10-2006. October 9, 2006

Almost all stocks likely to see downfall today. Check these stocks specially for shorting:

IPCL, Areva, Abhishek Ind, Rel Cap, RIL, KS Oil.

Regards,
Bhavin Mehta.

Intraday 05-10-2006. October 5, 2006

Buy for intraday:

Great Eastern Ship and Mahindra Gesco.

Buy Irrespective Of Index. October 4, 2006

India Bull above 416, 420.
LNT above 1263, 1276.
Mc Dowell above 611, 620.
Era Const above 330.50, 336.25.

Intraday 04-10-2006. October 4, 2006

On down side one can go long in the market for more upside. Stocks are given as follow:

Era Cons,
Mc Dowell,
HFCL,
LNT.

New listing Today :
Gwalior Chemical Industries
BSE Symbol : 532764 NSE Symbol : GWALCHEM

Regards,
Bhavin Mehta.

Intraday 03-10-2006. October 3, 2006

Sorry freinds no intraday for the day. Watch Mahindra Gesco however as there is going to be a placement of this stock. Market looks strong enough though some shade of red can be visible. Also watch Visual and Mega Soft for merger.
Have a great day ahead.

Regards,
Bhavin.

Intraday 29-09-2006. September 29, 2006

Buy following stocks for intraday:

Arvind Mill,
India Bulls,
Jindal Steel(One at 103.65/=)
Jet Air,
Polaris,
Reliance Ind,
Sterlit Ind,
Tata Steel,
TVS Motor.
Specially check steel sector stocks. Also visit my previous post for today.

All for intraday only.

Regards,
Bhavin.

Intraday 28-09-2006. September 28, 2006

For Intraday Buy:

Aptech,
ACE,
Micro Tech,
Hind TMT.

Regards,
Bhavin.

Intraday 27-09-2006. September 27, 2006

Buy following stock for Intraday:

1: Ashok Ley.
2: Mc Dowell,
3: Micro Tech,
4: Mphasis BFL,
5: Sasken.

Also continue buying with AREVA, Reliance Infra, Tech Mahindra, Hindustan Zinc and Hindalco. Also check Atlanta.

Mumbai, Sept 26. (PTI): Market regulator SEBI today extended the deadline for mandatory requirement of a Permanent Account Number (PAN) for demat account holders to December 31, 2006.

Regards,
Bhavin Mehta.

Intraday 26-09-2006. September 26, 2006

RIL go long now but keep S.L. at 1176/=. Below 1176/= target 1170/=.C.M.P.:1178/=. for target 1185.

Also keep S.L. at 597/= in Hind Zinc which is now at 601/= for target 615/= and 620/=.

Those in Atlanta can go short if it cracks Rs.192/= till that keep long posiotn new position can be added with same Stop Loss for target 203/=. C.M.P.: 194.50/=.

With S.L. Rs.836/= one can go long in Satyam for target 845/= to 850/=. C.M.P: 838.50/=.

Those who trade with S.L. can the same quantity which was bought on going below S.L. levels.

Intraday 26-09-2006. September 26, 2006

One can buy following stocks for intraday:

1: Areva T&D,
2: GDL,
3: Hind Zinc.

Other stocks on buy side can be Air Deccan, Alembic, Bhearat Forge, Satyam, TIN Plates.

New Script Listing: Company Name- ACTION CONSTRUCTION EQUIPMENT LIMITED. BSE Name- ACE. BSE CODE – 532762 NSE Symbol –ACE.

Himachal Futuristic gets Qualcomm licence to develop, manufacture, sell CDMA mobile handsets

Himachal Futuristic Communications (HFCL) is the first Indian company to get a licence from Qualcomm to develop, manufacture and sell CDMA mobile handsets and other devices, say reports.
This move by Qualcomm is significant as Reliance Communications had earlier made its plans clear to shift its cellular services to GSM technology from CDMA technology citing lack of cheaper CDMA phones.

Alok Industries enters into MoU with Mileta
Alok Industries Ltd has informed BSE that the Company has entered into a Memorandum of Understanding (MoU) with Mileta International (Mileta) to acquire a 60% stake in Mileta with an understanding to acquire a further 19.6% on certain mutually agreed terms and conditions. Mileta, based in Czech Republic, is a leading European manufacturer of high quality shirting fabrics, batistes and voiles, complete line of functional table linen and bed linen and exclusive handkerchiefs.

Regards,
Bhavin.

Intraday 25-09-2006. September 25, 2006

Buy following stocks for the day:

Bombay Dye,
Cosmo Film(Delivery can be taken with S.L. Rs.90/= on closing bases.)
Data Matics Technology.

Other buys can be Indian Hotels, Mahindra GESCO, Sterling Bio, Tech Mahindra and Volt Amp.

Also check Repro India on buying side can give breakout as well as healthy returns from current levels.

Four New Listings today:
Deep Inds (532760),
KEW Inds (532758),
Bihar Tubes (590059) &
Atlanta Ltd (532759) To List Today On BSE.

Regards,
Bhavin.

Intraday 22-09-2006. September 22, 2006

As said yesterday market to show crack in the morning. One can see Reliance Ind sliding but investor can grab this falling knife. Also watch cement stocks. Global markets are deep red on slowdown worries. Indian markets may open weak carrying global trend forward but Liquidity flow seems to be on positive front. Moreover Tax figures are signalling good growth of corporate world and economy as well. Expect market to open weak but buying at lower level will be keep markets buoyant. One can short Paramount Communications in the morning. Cover it as soon as possible. Also Infosys may give slide today. One can short both the stocks with appropriate S.L..

Regards,
Bhavin.

Intraday 21-09-2006. September 21, 2006

Market likely to remain strong. Buy following stocks on opening bell:

Aftek Infosys (Can touch 65/= till next week.)
Essar Oil(Close Above 57.50/= target can be anything from 65 to 70/=.)
Finolex Ind(With S.L. of Rs.94/= one can go long in this.)
J.B. Chemicals(Must close above Rs.97.50/=. Very less downside risk.)
Mahindra GESCO(Bit risky though must for traders with S.L. 750/=)
Prime Focus(Must close above 345/=)
Rel Capital(Must close above 550/= for strong upmove.)
Zee(Must buy this one with S.L. of Rs.295/=)

All S.L. are on closing bases and also for intraday.

Fund Action: Voltamp Transformers, Educomp Solution, Indiabulls, Geodesic Info

Voltamp Transformers
-Rel Cap Trustee buys 5.5 lakh shares @ Rs 397.05/sh
-Kotak Mah MF buys 1.6 lakh shares @ Rs 403.95/sh
-BNP Paribas Arbitrage buys 1.23 lakh shares @ Rs 403.26/sh
-ABN Amro Bank London buys 80,000 shares @ Rs 415.85/sh
-ZGB Holdings sells 1.04 lakh shares @ Rs 389.70/sh

Educomp
-Citigroup Global buys 2.08 lakh shares @ Rs 622.58/sh
-Reliance Growth Fund sells 1.1 lakh shares @ Rs 587.20/sh
-Reliance Growth Fund sells 2.21 lakh shares @ Rs 622.98/sh
-ABN Amro Bank London sells 1 lakh shares @ Rs 578.50/sh

Era Construction
-Bear Stearns sells 1 lakh shares @ Rs 333.84/sh

Watch: Gabriel India (Rs.37.45). It is selling its Mulund (Mumbai) property at Rs.85 cr.Engine bearing division is being demerged into separate company

Regards,
Bhavin.

Intraday 20-09-2006. September 20, 2006

Market will go in deep red terretory in morning. More of the updates will be provided during market hours. Short all your profitable stocks. Fresh buy must be on hold even in A-group stocks.

Stocks in News: MTNL, Ranbaxy, Zee Tele, Bajaj Auto

RBI allows further FII buying of
– Upto 49% in Gammon, PTC
– Upto 40% in Emco, Igarishi Motors
MTNL says:
– Has not withdrawn application for ILD license
– Millennium Telecom (a JV of MTNL & BSNL) has withdrawn application of ILD license
Ranbaxy:
– Signs in-licensing pact with Ethypharm for cardiovascular drug combination of Fenofibrate-Atorvastatin
– To market Fenofibrate-Atorvastatin combination under STORFIB brand
Welspun Gujarat bags Rs 700 cr order for supply of lines pipes
Zee Tele:
– Signs agreement with Beijing-based China Central Television
– CCTV has licensed to Zee Network use of news, other programs from CCTV International

Keep checking back.

Voltamp Transformers to list today.

Voltamp Transformers is listing today on the bourses. The company manufacturers power transformers, distribution transformers and dry transformers. The offer price was fixed at Rs 345 per share.
The company had entered the capital market with an initial public offering, IPO of 48,83,840 equity shares of Rs 10 each. The issue subscribed 17.65 times. The object of the company was to list on stock exchanges and provide liquidity to existing shareholders.

Intraday 19-09-2006. September 19, 2006

Market likely to remain rangebound for the day. On downside or on opening bell buy following stock but keep S.L in all stocks:

Bajaj Auto,
Paramount Communications(Goldman Sachs bought yesterday at 222/= per share.),
IPCL,
Shasun Chem.

Also look Varun Ship something cooking in this stock.

Shorting can be considered in Escorts at high levels. Still in resistance zone and has not given breakout.

Regards,
Bhavin.

The Day That Ended. September 18, 2006

The markets closed with gains on low volumes as the Sensex was trading above the 12000 level throughout the day. The Sensex closed at 12,071.30 up 61.71 points. The Nifty breached the 3500 mark but closed marginally below at 3492 up 14 points. The BSE Small Cap Index closed at 6,032.54 up 47 points and the BSE Midcap Index ended at 5,059.19 up 24 points. Market breadth was slightly positive as advancing issues outnumbered declining issues by a ratio of 5:4 on the NSE. NSE cash turnover was at Rs.6075.52crs. Vs. Rs.6861.93crs. yesterday.

Most of the sectoral indices closed with gains. The BSE FMCG Index rose 2.2% at 2,053.31 as Nestle, HLL, ITC, Colgate and Britannia closed in green. The BSE Health Care Index was up 1.08% at 3,635.76 and the BSE Capital Goods Index was up 1.06% at 8,184.84. The BSE Bankex was up 0.3% at 5,659.06. The BSE Metal Index was the biggest loser as it closed down 1% at 8,145.27. Hind Zinc, Nalco, Welspun Guj, Mah Seamless and Sterlite Ind ended lower. The BSE Oil and Gas Index lost 0.3% to close at 5,698.89.

The Bulls continue to be in control. We recommend traders and investors to hold on to their existing positions as the trend continues to remain undoubtedly up. This uptrend would reverse with a close under immediate lows of 11,440/3320. sectors looking attractive at the moment and especially on declines are Capital Goods, Hotels, Cement, Media, Construction, Housing finance and Banking.

Intraday 18-09-2006. September 18, 2006

Good news seems to follow from all direction. From Crude to Asian Indices and also European Markets. We may see much higher levels till 12500 soon. But keep booking profit till post 12300. Remain stock specific. Also do note that some of the stocks have less liquidity. This stock should be bought with care and in small quantity. One can buy following stocks on opening bell:
1: Chennai Petro,
2: Godrej Con,
3: NDTV(Must cross Rs.220/= level for good appreciation.),
4: Tantia Cons,
5: Zee Tele.

Intraday 14-09-2006. September 14, 2006

In the morning buy Essar Oil, Federal Bank, Zee Tele and Sterlite Opt(Sterlite Opt with S.L. must) for smart gains. Keep booking profit at higher levels. Check Tata Group Company for positive movement. And Reliance group companies likely to witness selling spree on higher levels.

Regards,
Bhavin.

Intraday 13-09-2006 September 13, 2006

For Intraday Buy:

Alps Ind,
Ceat,
Finolex Ind,
Praj Ind,
RCOM &
Unity Infra.

All above stocks are buy on the opening bell itself. Selling can be considered gradually. No harm in profit booking.

Intraday 13-09-2006. September 13, 2006

As said yesterday one can carry forward long position even today. Market still in bullish mode. For the intraday one will clearly see profit booking at high levels. Though any correction can be used to take position in market. Global cues positive. Will we hit 12500 this month itself? I think thats likley. Check back for intradays after sometime.

Regards,
Bhavin.

Intraday 12-09-2006. September 12, 2006

For Intraday look at the following stocks on buy side:

1: Hind Zinc,
2: Clutch Auto,
3: BOC India.

Keep S.L. on all buying orders.

Rel Capital wins Banking Licence. Watch this one move up.

Regards,
Bhavin.

Intraday 11-09-2006. September 11, 2006

Market likely to go down. Only buy if it goes down. Till that dont enter for the day. Atleast dont go long. For more update keep visiting my blog:)

Regards,

Bhavin.

Intraday 08-09-2006. September 8, 2006

Just as said market will show strength today. Japan keeps interest rates unchanged. Though I would have wished market to come down in morning so that I could have entered market at cheap rates. Watch following stocks to buy:

Air Deccan(Maintain S.L.), Bombay dye, BOC India, Fin Tech, Exide Ind(Delivery), Garware Wal(Delivery), Indraprastha Med and Mahindra GESCO.

Also look at other stock such as Indus Ind Bank, Suzlon, VSNL.

Regards,

Bhavin.

Intraday 07-09-2006. September 7, 2006

Market likely to end at day’s low. But dont short.

Regards,
Bhavin.