Friday, October 29, 2010

BHEL out performing street expectations !!!!!!!!!!!!!!

Bharat Heavy Electricals Ltd has announced the following Unaudited results for the quarter ended September 30, 2010:
The Company has posted a net profit of Rs 11422.80 million for the quarter ended September 30, 2010 as compared to Rs 8578.80 million for the quarter ended September 30, 2009. Total Income has increased from Rs 69230.20 million for the quarter ended September 30, 2009 to Rs 86526.40

The stock rallied 60 rs after its results order book is also strong

FSL Results

Firstsource reports second quarter fiscal 2011 revenues of ` 5,036 million
Q-o-Q growth of 2.6%, Y-o-Y growth of 3.0%
Operating EBIT of ` 492 million
Q-o-Q growth of 5.2%, Y-o-Y growth of 0.4%
PAT (profit after tax) of ` 332 million
Q-o-Q growth of 3.6%, Y-o-Y growth of 14.0%

NHPC Results

 NHPC Ltd has announced the following Unaudited results for the quarter ended
September 30, 2010: The Company has posted a net profit of Rs 6901. 80
million for the quarter ended September 30, 2010 as compared to Rs 6166. 40
million for the quarter ended September 30, 2009. Total Income has increased
from Rs 13149. 60 million for the quarter ended September 30, 2009 to Rs
14523. 70 million for the quarter ended September 30, 2010.

Friday, October 22, 2010

National Hydro Power Corporation Ltd investment with with safety !!!!!!!

NHPC is a goverment holding co into Hydro Power Generation . This year we have seen spectular rains which shall boost power generation , increasing the profitability . The co is going to declare the results for the Quater ended September 2010 on 28th Agust one can buy this share in cash trading at 31.90 levels . It is a very safe investment where it is very dificult to break 30 the shares were offer to public at 39 now quoting at 31.90 a very good investment buy whit a target of 60 and more in a time frame of one year. One can see smart rally on this quater results too.

Edelweiss !!!!!!!!!!!!!! smart move !!!!!!!!!!!!!!!!

Edelweiss spoted yesterday gave away a spectular rally of 6 % making a high of rs 66.40 and giving close of Rs 65. Today the volumes have doubulled to 56,67,720 share from previous volumes of 25,69,000 shares moving the share to 65 from previous day close of 61. You can further see rally upto levles of 70 . extremly short term traders can one time book profit in early noon on spurts of 2 to 4 %

Thursday, October 21, 2010

J M Finance giving fantastic returns

J M Finance outperformed the markets sensex loosing more than 700  points it out performed and made a high of 46.95 cooling off it has come back to 42.70 levels one shall buy once again this stock at 41 and 38 levels for longer target of Rs 55 buy as a trading point of view one can see strong resistance  @ 47 levels. crossing which  there shall be huge buying .

Edelwise at 61. is a good buy with short term target of rs 70 today it has given a spectalour volume of 2569000 looks good for a short term

Monday, October 18, 2010

L&T has announced its Q2FY11 results

Larsen and Toubro, L&T has announced its Q2FY11 results. The company's Q2 net profit up 31% at Rs 765 crore versus Rs 580.4 crore.
Its net sales stood at Rs 9,261 crore versus Rs 7,918.8 crore.
Its other income stood at Rs 382 crore.
The company's trailing 12-month (TTM) EPS was at Rs 56.92 per share. (Jun, 2010). The stock's price-to-earnings (P/E) ratio was 34.50. The latest book value of the company is Rs 301.91 per share.
At current value, the price-to-book value of the company was 6.51. The dividend yield of the company was 0.64%.

Friday, October 15, 2010

Sesa Goa giving out standing perfomance

Sesa goa opened strong and rose to 383.65 giving a return of 2.5% later market gave away all it's gains giving up 400 points in sensex , nifty  closed at 6062 where as sesagoa gave close near to previos days close 374.2 a strong counter though we had asked to book profits at 382 levels one can catch this counter once again at lower levels with a sl of rs 359.

JM Financials has rised 6.5%  higher giving a close at rs 42.50 with an exceptionally huge volumes in NSE of 20474261 shares being traded. the counter has seen strong buying at these leves. There are rummors that Reliance group is intrested in  JM Financials and also there are rummors that it may go for banking licence. one can buy JM Finance between 37.50 to 42.50 with a short term trading target of rs 46.5 and hold these shares for medium term for a target of rs 55 and above.

Thursday, October 14, 2010

Infosys .......... start of earning season

We saw nifty rising upto 6317.80 levels failing to sustain loosing 125 points , giving a close at 6193 below 6200 levels. Cautious view where market levels are nearing all time high a profit booking seen accross the board as a caution on results of tech majour Infosys.

Sesa goa seems to show tremendous strength closing 3.36% higher at 374.90 one can keep a watch on this stock for furter up side keeping a stoploss of rs Rs 359.
Sesa goa is comming up with results on 18th october for the Quater and Half yea ended September 30, 2010. likely sources say results shall show tremendous growth ...... dont miss out this counter .

Friday, October 8, 2010

Rummors ---- Goverment decission on sugar d-control

Keep watch in comming days on Sugar Stocks there are rummors that goverment may take decission on sugar d-control, If any such decission taken all sugar stocks may rally 10 to 15 % these are likely news from market rummors

Thursday, October 7, 2010

Wait N watch !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Previous Day:
Substantial decline noticed in the last one hour of the trade and almost all sectoral indices closed in the red. Realty was hit the most but selling pressure pervaded almost all the sectors. Only healthcare saw some gains. Sensex closed at 20307 (provisional), down 235 points from its previous close, and Nifty closed at 6118 (provisional), down 68 points. The market breadth was negative with advances at 434 against declines of 867 on the NSE.

Next Day Trading Session:

AS told in early post time to take caution & we saw that market face selling pressure & profit booking at higher levels. For today market  NIFTY might face heavy resistance in the range 6161-6191; also it may come down to test 6100 and 6070 levels. Traders are suggested to sell at gains. IT and METALS along with BANKING may face selling pressure WHILE POWER and TELECOM  may attract buying.

Time for alret !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Yesterday Market Analysis:
The Indian market closes a stable day of trade on a good note in line with its global peers. The broader markets showed more strength than the largecaps and with a lot of individual action. Sensex closed at 20526, up 118 points (provisional) and Nifty at 6180, up 34 points (provisional) from the previous close. market breadth was positive with advances at 801 against declines of 485 on the NSE.

Next day trading session  :

Now Nifty is facing resistnace Now i m expecting some corection. It means not  that now i am bearish or bull run stop.
Nifty is trading in the range 6130-6230. Breaching of this range either side may decide the trend. Traders are suggested to buyat declines as long as NIFTY is holding 6130.




Stock for watch:

Aptech
Hdil
Dena Bank
Hindalco