ter english issue 16 yr 4 few pages

8/6/2019 Ter English Issue 16 Yr 4 Few Pages

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Vol. 4 Issue : 16 Date : 13-06-2011 to 19-06-2011 Editor : Narendra Joshi Mobile:9825065387 Land line 079 27451449 Address : 115/991, Nirmal Apartment, Telephone Exchange Road, Naranpura, Ahmedabad -380013 Phone : 27451449

33333

Buy & SellBuy & SellBuy & SellBuy & SellBuy & Sell

RBI policy review andSouth West Monsoon

to set the trendBear phase may start

if g lobal cues .......

1010101010NIFTY SPOT RANGE

5480-5590,BREAKOUT WI LLSHOW FURTHER

MOVEMENT

1818181818

Point BlankPoint BlankPoint BlankPoint BlankPoint Blank

Rain, Inflation Data& Political stabilitywill improve market

direction

11/06/2011.DIFFICULT TO TRADE.Traders were a

frustrated lot this weekas their stoplosses gottriggered on both sides.The sideways marketgenerates lot of

whipsaws and hencebecome difficult totrade. The marketgained during the earlypart of the week butgave up major gains asthe week passed by. On

Friday, the Niftybreached theimmediate last low of5479 during intraday butsomehow managed aclose above that level.One may argue aboutvarious reasons behind

such market movementlike weak globalmarkets and poorIndustrial Growth Data.But the real reason forsuch market behaviour

Trading GuideTrading GuideTrading GuideTrading GuideTrading Guide

Gold - Silver, Copper, Nickel, Lead, Zinc, Crude Oil-Natural Gas.

Intraday & Positional Call.

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Special Services offered for Big Traders.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

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

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

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

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

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 1ACCURACY ABOVE 90 % ACTUAL

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NifNifNifNifNifty - Besty - Besty - Besty - Besty - Best Oft Oft Oft Oft Offffffer Fer Fer Fer Fer Fiririririrssssst time ft time ft time ft time ft time for Big and small tror Big and small tror Big and small tror Big and small tror Big and small traderaderaderaderaders...s...s...s...s...

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WEEKLY REVIEW

CFT, MSTA (Londen)A professional Technical Analyst and a Trader based inBombay & Runs his ownconsultancy http:// www.prakashgaba.comEmail:[email protected]

PRAKASH

GABATel : 093222-10907

Continue on ......7

W e e k l y R e v i e w f o r t h e W e e kWeek ly Rev iew fo r the WeekW e e k l y R e v i e w f o r t h e W e e kWeek ly Rev iew fo r the WeekWeek ly Rev iew fo r the WeekJ u n e 1 3 s t t o 1 7 t h 2 0 1 1J u n e 1 3 s t t o 1 7 t h 2 0 1 1J u n e 1 3 s t t o 1 7 t h 2 0 1 1J u n e 1 3 s t t o 1 7 t h 2 0 1 1J u n e 1 3 s t t o 1 7 t h 2 0 1 1

Nifty: (5486)Sensex: (18269)10.6.11We said Technically

the bar generated forthe week is suggestiveof a flat market aheadand can be consideredup as long as 5450 holds

but the market certainlycannot be considered as

up until it takes out 5600with force

The marketunfolded flat asexpected yet again andcould not climb the 5600mark and also managed

to stay above the 5450mark frustrating themarket players...

Technically themarket is still flat withstiff resistance aroundthe 5560-5600 zones. Themarket cannot beconsidered up unless

5600 gets taken out withforce...the market may

slide down towards 5350marks in the days tocome. From a tradingpoint of view I wouldconsider buying only ifmarket takes out the5600 mark with force.

TRENDS NOTRENDS NOTRENDS NOTRENDS NOTRENDS NOT IN RESONT IN RESONT IN RESONT IN RESONT IN RESONANCEANCEANCEANCEANCE

MARKET TREND

Ashuu kakkarrTel : +91-7893354545

+91-7893254545

Website : www.ashuukakkarr.com

Email ID : [email protected] /

[email protected]

+91 93476 46997

lies in its trend analysis.Trend analysis clearlysuggests that the short

term and higher termtrends are not inresonance and hence

GLOBAL MELTDOWN TO CONTINUE

NIFTY TO RETYEST 5300-5175 THIS

MONSOONMarkets have given

way on downsiode no

sustainence every small

bounce met wuth freshselling more sell off due

in june-july august .

Earnings will dictatedirection in july 2ndweek till then sidewaysto weak . crucial levellssupports 5300-5175-final trendline supportat 4750 possiblity high

Continue on ......8


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3/9

513-06-2011 to 19-06-201113-06-2011 to 19-06-201113-06-2011 to 19-06-201113-06-2011 to 19-06-201113-06-2011 to 19-06-2011THETHETHETHETHE

E C O N O M I C R E V O L U T I O NE C O N O M I C R E V O L U T I O NE C O N O M I C R E V O L U T I O NE C O N O M I C R E V O L U T I O NE C O N O M I C R E V O L U T I O N

THE ECONOMIC REVOLUTIONTHE ECONOMIC REVOLUTIONTHE ECONOMIC REVOLUTIONTHE ECONOMIC REVOLUTIONTHE ECONOMIC REVOLUTION

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 EARLYMORNING 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

ASTROMONEY

GURU

www. astromoneyguru.com

COL.

AJAYMo.

09414056705,

09314196555

Predictions for 13June to 17 June 2011

AstromoneyguruAs per Col Ajay Ceoo fwww.astromoneyuru.com23 rd week year 2011represented by

mercury and year 2011is represented byRahu. Combination ofMercury with Rahumay bring weaknessin commodit ies

market. During thisweek five planets willmake conjunction invarashab rashi sun,mars, mercury, Venus

and ketu. This is veryunique combinations

for stock andcommodities market.As per astroeconomics this weekheavy f luct ions isexpected in energy

stock at world levels.Sudden downfal l inenergy stocksexpected specially oiland gas stocks maycome under sel l ing

pressure. Ongc, oilIndia may see sellingpressure, steel stocksmay also seedownward movement

while oi l marketingcompanies like Hpcl,

Bpcl may see buyinginterest or pos it ivemovement in Indianstock market. Myadvance predictionsfor previous weekonce gain provedcorrect coal India,chambal fertilizer, Rcfwere shown positivemovement underhighest volatility.Hope all readers musthave enjoyed bigprofit in stock market.

As per astroeconomics crude oil

may show weakness ati n t e r n a t i o n a lcommodities market.3% to 5% downwardmovement expectedin commodit iesespecially in crude oilany time. Libya crisisis also almost at laststage any t imesolutions may be seenon card. .

Important note-Predict ions base onfinancial astrology.Consult your

horoscope beforetaking any decision,Risk management ismandatory tool inelectronic trading

OIL MAY SHOW WEAKNESS AT

INTERNATIONAL

COMMODITIES MARKET

Baba Ramdev holds noshares in yoga empire

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

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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

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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

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

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

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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

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

Confusion spreads over hunger strikein Baba Ramdevs Patanjali YogpeethPATANJALI, HARIDWAR: Baba Ramdev .s hunger strike and anti-corrup-

tion appears to be limping on its last leg. Contradicting earlier reports ofrapid weight loss of almost 5 kilograms till yesterday, the official medicalbulletin has a loss of 1.5 kilograms.

Briefing the media, the chief medical officer of the government hospi-tal, Dr Yogesh Chand Sharma said that there are only two persons fasting -Acharya Balkrishna and Baba Ramdev. The rest have been fed, he added.

Speakers at the yogasthal, were primarily sanyasis from Haryana, hishome state who voiced support. The scene was turning into a more organisedcampaign within the Patanjali campus. Records have been kept of all at-tendees and supporters. The only voice for this campaign is the electronicmedia whose flashes are closely monitored by the organizers.

NEW DELHI: BabaRamdevs world is not

just a popular yoga

empire but a clutch ofhugely profitablebusinesses, rangingfrom successfulayurveda products to apopular TV channel.Vedic BroadcastingLimited , which runsAastha channel , madea net profit of Rs 2.30crore on a totalturnover of Rs 19.26crore in 2009-10. The

company mopped up Rs18.50 crore revenue ina d v e r t i s e m e n t s ,telecasting fees andothers. The companys

expenditure onprogramming, telecast

and operations was Rs

9.60 crore.

According to detailsavailable with theregistrar of companies,Ramdevs controversialaide Acharya Balkrishna

holds 99.9% stake inVedic Broadcasting. Heholds 799,250 shares out

of total equity shares of

800,000.The remaining shares

are held byMuktanandji, anotherRamdev aide, andothers. In all companydetails, Balkrishna andMuktanandji do notdeclare their fathersname but list it asdisciple of SwamiShankar Dev, whosedeath a few years ago

was termed mysteriousby Ramdevs detractors.Ramdev does not figureas a shareholder in anyof the companies while

Continue on ......4


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Cont. from Pg. 1Lions Roar

INDEX LEVELS :

S3 S2 S1 CLOSE R1 R2 R3

Nifty 5232 5319 5401 5485 5563 5634 5721

Sensex 17546 17786 18020 18268 18545 1 8794 19074

WATCH OUT FOR

the market experiencessuch volatilemovements.

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

The Sensex opened

the week at 18344 madea high of18545, a low of18182 and closed the

week at 18268. TheSensex lost 108 pointson a weekly basis.Similarly Nifty opened

the week at 5504, madea high of5570, a low of5457 and closed the

week at 5485. The Nifty

closed with a loss of31points on a weeklybasis.

For the second week

in a row both the indicesformed a neutralSpinning Top formation.This time it was a smallblack body Spinning Topas compared to a smallwhite body SpinningTop last week. Onceagain there is a longerupper shadow, whichsignifies selling athigher levels. On thedaily charts, both

Sensex and Nifty haveformed a Bearish Blackbody candle on Friday.Thus the trend in thevery short term timeframe remains

negative.Sensex has made a

Rising Gap while movingupwards, between18072-18087. This gap isexpected to provide

support in case of a fall.One can still

consider the market to

be in a pull-back modeas long as the low of17786 for the Sensexand 5328 for the Nifty is

not violated. We haveto consider a pull-backof the fall from 19811-

17786 for the Sensex

and 5944-5328 for theNifty. The pull-backlevels are placed at18560-18799-19038 for

the Sensex and 5563-5636-5709 for the Nifty.If we consider the entirefall from 21108 to 17295for the Sensex and 6318to 5177 for the Niftythen the pull-backlevels are 18751-19202-19651 for the Sensexand 5621-5758-5895 forthe Nifty.

The market is wellbelow the long term

average i.e. 200dma(Sensex 19181 andNifty 5757) andmedium term averageof 50dma (Sensex 18788 and Nifty 5636).

But the market has justclosed above the shortterm average of 20dma(Sensex 18268 andNifty 5480). As a result,the short term trend has

just managed to staypositive while themedium term and the

long term trendscontinue to remaindown. The medium andlong term trends try and

impose themselves onthe short term trendand that explains the

volatility. As the

medium term and thelong term averages areabove the currentmarket price, they will

act as resistances.There exists a strong

support line in the formof demand trendline atSensex 17887 and Nifty5351. This is a verycritical support line andthe market has beenrespecting it for the past18months. The markettested this trendlinetwo weeks back andmanaged a bounce-

back from thistrendline. A breach ofthis support line willconfirm a Bearish Headand Shoulders Reversalpattern. This will be

herald a strong bearonslaught.

On the higher sidethe 50% pull-back levelof the immediate fall,38.2% of the entire fall,

and 50dma allconverge and areplaced nearby, thusforming First ResistanceZone i.e. from Sensex18751-18799 and Nifty5621-5636. Above this,there is a secondresistance zone formedby the convergence of50% of the entire fall,

trendline resistance

and 200dma. ThusSensex 19181-19210 andNifty 5757-5776 forms aSecond ResistanceZone.

The marketcompleted a small

Bearish Head &Shoulders and thetarget for which isSensex 16573 and Nifty

4964. The target for thisBearish Head andShoulders will remainintact as long as themarket remains belowSensex 18724 and Nifty

SUSCRIBE FOR ENGLISH VERSION, GET GUJARAT VERSION FREE

LAST WEEKS RECOMMENDATIONS

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

STOCK Rec. Tgt ReachedLot Profitprice size

Buy Glaxo 2394 2434 2424 125 Rs.3,750Buy MRPL 76 79 78 4000 Rs.8,000Buy IndusInd 267 275 269 1000 Rs.2,000Buy GMDC 146 151 152 2000 Rs.12,000Buy IndoTech 159 167 164 2000 Rs.10,000

Total Rs.35,750

THIS WEEKS RECOMMENDATIONS :

STOCK CMP SL Tgt-1 Tgt-21 Buy CentTex 345 340 353 361

Sell BhushanStl 419 425 408 396

2 Buy PantaloonRet 284 279 292 300

Sell JsW Steel 898 909 883 866

3 Buy Talwalkar 249 242 261 273

Sell HeroHonda 1724 1743 1698 1671

This week is expected to be very volatile and

hence Pair Strategies are suggested.

5605.Oscillators are giving

mixed signals. MACDcontinues in its Buymode even though innegative territory. ROC

is positive and hencecontinues to remain inBuy mode. RSI has fallenbelow 50 and is at 45,giving a Sell signal.Money Flow (46) hasgiven a Sell signal whilethe OBV continues to

remain in Sell mode.

Stochastic oscillator hasgiven a Sell signal as %Khas cut %D from above.The DirectionalIndicators have given afresh Sell signal as +DIhas cut DI from above.

The ADX has turnedlower at 17 and suggestsa consolidation. It isadvisable to avoid

trading if the ADX isbelow both theDirectional Indicators.

Nifty O.I. PCR is at1.22. Highest OpenInterest build-up is seen

at 5400 Put followed by5000 Put. Highest Callwriting is seen at thestrike of 5800. Thissuggests that themarket is likely to move

in a range of 5400to 5800. In casethe expected

support at 5400 isbreached then the nextstrong support willemerge around 5000.

The TrendlineResistance for theSensex is at 19210. TheTrendline Support is at

17887.

The TrendlineResistance for the Niftyis at 5776. TheTrendline Support is at5351.

For the weekahead, Sensex will find

Support at 18020-17786-17546 and willfind Resistance at18545-18794-19074.

For the weekahead, Nifty will findSupport at 5401-5319-5232 and will f indResistance at 5563-5634-5721.


5/9




RBI MOVEWILLDECIDETHETREND

Technical indicators of major Stocks

MFI=Money Flow Index * RSI=Relative Strength Index

ADX=Directional Momentum Index

BSE Sensex (18268.54) and Nifty (5485.80) closed down.0.6% and 0.61% respectively last week.Nifty FutureJune was quoting at 0.20 points premium.Nifty call optionJune 5500 was very active.Support for Sensex is at 18100.Resistance for Sensex is at 18480 .Support for Nifty is at5430 and resistance at 5550..

Inflation data will be released by the Government on14 th June 2011.RBI monetary policy review meet will beheld on 16th June 2011.

SBI and LT added Open Interest in June series.Hugeposition was build up at Tata Motors June Call Option

Strike Price 1050.Good build up was also seen at HCC JuneCall Option Strike Price 35.

Strategy for Futures Option players.1)Alok Textiles(27.50) Lot Size-10000 SharesBuy One Call Option of June Strike Price [email protected] Rs

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

Premium .Paid=1.05*10000=10500.00 Rs.Premium Received=0.35*10000= 3500.00 Rs.Net Premium Paid==10500.-3500=6500.00 Rs.Maximum Profit==30.00-27.50=2.5*10000=25000-

6500=18500.00 Rs.-Maximum Loss= 650 0.00 Rs.Break Even Price=28.15

2)DCB(61.35) Future-Lot Size 4000 shares.

Buy One Lot June Future @61.35 RsSell One Call Option of June Strike Price [email protected] Rs.Premium Received=0.80*4000=3200.00 RsMaximum Profit=65.00-61.35-

2833=3.65*4000=14600.00+3200.00=17800.00 Rs.Max Loss=Unlimited.Trend of Major Stocks

Trading Idea1)Bombay Dying(374.80)Buy this stock in decline and trade.2)CESC(292.25) Buy this stock in decline and trade

TREND OF MAJOR STOCKSSTOCK TREND NO OF Weekly Monthly

DAYS Trend Trend

BHEL.NS Bulllish 3 Falling Rising

ICICIBANK.NS Bearish 7 Falling Falling

ITC.NS Bearish 1 Falling Rising

TATASTEEL.NS Bearish 1 Falling Falling

TCS.NS Bulllish 5 Rising Falling

TO GET SUCCESS IN STOCKMARKET ALWAYS READ TER

STOCK CLOSE MFI-21 RSI-14 ADX-14

BHE L.NS 1924 .45 29 .75 4 0.38 35.67

I CIC IB AN K.N S1 03 5. 9 4 5. 98 4 3. 62 1 5. 66

ITC.NS 191 .65 46.58 52 .71 16.98

TATA ST EE L. NS5 69 .4 5 5 6. 52 4 3. 46 1 3. 97

TCS.NS 1189 .2 70 .71 59 .47 12.13

5600 crucial resistance withtrendline support at 5400

Dinu's SAR -Trend and Stop-loss Table for Nifty -Investor Chart trade Beta Trend From Stop Gain

type type % lossDerivative Daily 20 (+1.2) DOWN 5510 5500* +20Swing trade Weekly 20 (1-1.2) DOWN 5510 5500* +20Short term Bi-weekly 20 (1) DOWN 5810 5530* +320Medium term Monthly 20 (1-0.8) DOWN 5700 5580* +220Mutual Fund Quarterly 10 (-0.8) DOWN 5700 5670* +220Long Term Yearly 10 (-0.8) Neutral 3670 5280/5750** +2210

NIFTY SUTRA

DINESH ARVINPAWAR (THAKUR)

M. NO. 09822050949

http://dinuthakur.blogspot.com

[email protected] site

http://dinuthakur.blogspot.com

(Daily stop-loss + close)/ 2 will give trader next days stop-loss and trend for NIFTY. Tradersto exit below trigger** and re-enter trend at trigger** or lower level. Reverse trend, if mar-ket trades against stop loss for 30 min.*

Nifty - weekly close 5487(5517) After trading in small

range above weekly trendpoint 5510 for first four days,

selling again started onFriday. Week closes below

trend point 5510 with loss of30 point. As per our One twoka four % formula with 5600high, long term UP trendstoploss is at 5380 and with5460 low, short term DOWNtrend stoploss at 5515, midterm DOWN trend stoploss at5570. Modify all stop losseswith market hitting new highor low. Singapore NIFTY is 35points down on Friday nighttrade.

Continue on ......8

Now out of our 15 different hints for nifty to Trader and Investor, 11 are bearish. Out of50 NIFTY stocks 37are trading negative below their mid term supports. 19NIFTY Stocks arebelow long term support 500 DMA. Reader can see Intraday, EOD technical chart of Nifty andnse/bse stocks with Mobile Phone on my site http://dinuthakur.blogspot.com free and firsttime in India.

Short term Trend and reversal levels for NIFTY stocks are as follows -

use it for entry/exit in two steps.

ACC down 1010,1020

Ambuja Cem down 140,141

Axis Bank down 1280,1290

Bajaj Auto down 1400,1350

Bharti Airtel up 360,350

BHEL down* 2020,2050

BPCL down 630,690

Cairn down 342,345

Cipla up 330,320

DLF down* 238,240

Dr. Reddy down 1580,1590GAIL down 450,455

Grasim down 2340,2400

HCL Tech up 490,460

HDFC down 675,680

HDFC Bank up 2300,2260

Hero down 1750,1760

Hindalco down 200,210

HUL up 300,295

ICICI Bank down 1070,1080

IDFC down* 140,142

Infosys Tech down 2940,3000

ITC up 190,175

Jindal S&P down 660,665

JPAssociate down* 87,90

Kotak Bank up 430,420

LT up 1630,1610

Mah & Mah down 680,700

Maruti down* 1250,1260

NTPC down* 179,180

ONGC down* 288,290

PNB down 1110,1130

Power Grid up* 99,98

Ranbaxy up 530,480

RCom down* 99,100

Reliance down* 968,970RIL Capital down* 560,590

RIL Infra down* 630,640

RPower down* 122,124

SAIL down* 155,158

SBIN down* 2520,2600

Sesa Goa down* 300,302

Siemens up 860,830

Sterlite down* 168,170

Sun Pharma u p 455,440

Tata Motors down 1140,1160

Tata Power down* 1250,1270

Tata Steel down* 590,610

TCS up 1180,1160Wipro down 445,450

* stock above 500 Daily moving avg

STOCK Trend Trend Reversal STOCK Trend Trend Reversal


6/9




NAME : NIFTY

BUY ABOVE : 5480RES-1 : 5530RES-2 : 5570RES-3 : 5610SELL BELOW : 5480SUP-1 : 5410SUP-2 : 5350SUP-3 : 5280

DR. DIPESH GOHILMo. 9727990980 / 9898595 259

[email protected]

VEEN WEALTH SERVICESPVT LTD

OUR PERFORMANCESTOCKS REC. HIGH TGT

PRICE /LOW

IFTY 5520 5450 1 TARGET ACHIEV.

BANKNIFTY 10760 1092 5 1 TARGET ACHIEV.CNXIT 6576 6712 2 TARGET ACHIEV.

CIPLA 323 339 2 TARGET ACHIEV.

R C O M 9 3 9 0 1 TARGET ACHIEV.

GAIL 439 447 1 TARGET ACHIEV.

NAME : BANK NIFTYBUY ABOVE : 10700RES-1 : 10810RES-2 : 10900RES-3 : 11110SELL BELOW : 10700SUP-1 : 10610

SUP-2 : 10500SUP-3 : 10410

NAME : CNX ITBUY ABOVE : 6650RES-1 : 6730RES-2 : 6810RES-3 : 6900SELL BELOW : 6650SUP-1 : 6576SUP-2 : 6440SUP-3 : 6380

NAME : BHARTIARTLBUY ABOVE : 373RES-1 : 377RES-2 : 392

RES-3 : 351SELL BELOW : 373SUP-1 : 367SUP-2 : 361SUP-3 : 352

NAME : TATASTELLBUY ABOVE : 569RES-1 : 575RES-2 : 581RES-3 : 590SELL BELOW : 569SUP-1 : 561SUP-2 : 552SUP-3 : 546

NAME : BPCLBUY ABOVE : 605RES-1 : 611RES-2 : 622RES-3 : 636SELL BELOW : 605SUP-1 : 596SUP-2 : 582SUP-3 : 565

GUJARATI HARD COPY AVAILABLE IN GUJARAT AND MUMBAI

weekly DATE 13th / 17th june 2011

world indices go entry Target Stoploss

dow jones short 11980 11890/790/700/600 12080

long 12080 12170/270/360 11980

nasdaq composit short 2653 2633/13/2593/73 2673

long 2673 2693/2713/33/53 2653

S & P short 1274 1263/52/41/30 1285

long 1285 1296/1307/18/29 1274

FTSE short 5770 5730/690/650/610/570 5810

long 5810 5850/890/930/970/6010 5770

nikkei short 9435 9410/335/260/185 9535

long 9535 9620/690/755 9435

australian ordinary short 4620 4560/500 4650

long 4680 4740/800/860/920 4650

hangseng short 22370 22230/21990/750 22600

long 22600 22775/23050/325 22370

shanghai short 2700 2675/42/09 2727

long 2727 2755/90 2700

TER POSN TRADING weekly DATE 13th / 17th june 2011

stocks / indices go entry Target Stoploss

BSE SENSEX short 1 82 80 1 82 10 /0 20/ 17 83 0/ 64 0 1 84 50

long 18450 18540/640/750 18280

BSE AUTO short 8640 931/25/18/12 8930long 8930 951/57/64 8640

BSE CAP GOODS short 13200 x 13330

long 1330 x 13200

BSE FMCG short 3875 x 3900

long 3900 x 3875

BSE HEALTHCARE short 6265 x 6305

long 6305 x 6265

BSE OIL & GAS short 9355 x 9438

long 9522 x 9438

BSE PSU short 8460 x 8535

long 8535 x 8460

BSE REALTY short 2122 x 2144

long 2144 x 2122

World indices

comodities

BSE Indices

WEEKLY DATE 13TH JUNE TO 17TH JUNE 2011

COMMODITY G O ENTRY TARGET STOPLOSS

GOLD SHORT 1537 1528/19/10/01/1492/83 1546

L O N G 1546 1555/64/73/82 1537

SILVER SHORT 36.4 36/35.45/34.9/34.35/33.8 36.75

L O N G 37.1 37.65/38.1/38.5/38.95/39.35/39.8 36.75

CRUDE SHORT 99.6 98.2/96.8/95.4/94 101

L O N G 101 102.4/03.8/05.2/06.6/07 99.6

COPPER SHORT 4.04 43.95/3.9/3.85/3.8 4.1

L O N G 4.1 4.18/4.25/4.32 4.04

SU G AR SHORT 720 707/695/82 726

L O N G 732 745/57 726

I wrote two weeksago and we did have 300odd points bounce on

Sensex in the weekending 3rd June. But, lastweek saw pressureappearing on ourmarkets due to globalfactors. SBI continuedto remain in dumps andwe could not scale the5600 barrier in Nifty.

The ensuing

sideways move for 4/5days gave way on Fridayafter we had weak IIP

numbers for April 2011.We had a very weak

close on US markets onFriday evening which isgoing to openfloodgates on Monday.Moneyflow is stillholding positive zone sothere is everypossibility of a bounce

from lower level unlessUS markets crack againon Monday.

Tata Motors can slideto three fig mark as JLRfigures likely to bedeclared on 15th Junewill not be good. Thwstrike continues atMaruti and may spreadto other auto ancillaryunits in Manesar.

Continue on ......14

Madhav Ranade(M) 09371002943 or

email :[email protected]

Trading levels 13th

/ 17th June 2011


7/9



THE ECONOMIC REVOLUTIONTHE ECONOMIC REVOLUTIONTHE ECONOMIC REVOLUTIONTHE ECONOMIC REVOLUTIONTHE ECONOMIC REVOLUTION WELKNOWN ANALYSTS WRITERS FROM DIFFERENT PART OF COUNTRY

MARKET

PREVIEW

E-mail : [email protected]

Mo.: + 91 09892145335

Rajesh

Kothari

WEEK IIP DATA ..RELIANCE ENTER

INTO INSURANCE ..NEXT WHATIn a week devoid of

any major economic orcorporate news, fasts byvarious factions andgovernments fuddledresponse to these keptmarket participantsriveted. Rumours thatthe UPA governmentmight lose support of its

regional ally, DMK, alsocaused somenervousness mid-week.

Lethargic movement inglobal equities did not

help the situation andSensex sauntered witha negative bias andfinally closed 100 pointslower.

Onset of monsoonhas not brought anyrelief to market so far.Headline inflationnumber and RBIsmonetary policymeeting scheduled nextweek could decide near-term stock pricemovement. On the

global front, the soundbytes coming out ofFederal Reserve are

being closelymonitored to see what

it is likely to do onceQE2 ends on June 30.

That the developedmarkets appear to havebegun a fresh medium-

term downtrend is goingto be a constrainingfactor for our market inthe days ahead.

Sensex moved to theintra-week high of18,545 on Wednesdaybut seemed to lack thewill to move any higherand collapsed to 18,182instead.

Traders andinvestors appearedquite disinterested inthe proceedings andthis was reflected in

sub-par volumes. FIIswere net sellers for theweek and FII volumeswere also quite low.Open interest isclimbing higher toaround Rs 1,26,000 crorethough it is still muchlower than the high ofRs 2 lakh crore recordedbefore the November2010 crash.

Movement of theSensex last week hasnot altered ourmedium- or short-termview since the index was

confined within thesame range as the

previous week. Thissideways move has,however, resulted inloss of momentum andthe 10-week rate of

change oscillator hasdipped in to thenegative zone.

The 14-weekrelative strength indexis also doing likewise.This means that themedium-term trend isunder threat. Both dailyand monthly oscillators

are also on the verge ofentering the bearishterritory.

The medium-termtrend in the Sensex iscurrently down and astrong close above19,037 is required tosalvage this view.

Inability to movebeyond 18,700 will keep

open the possibility ofthe index declining to17,420 or 16,647 in theweeks ahead.

For the short-term,the index is currently ina sideways range andthe trajectories that itcan take are numerousin such situations.

Some guide-postsfor the short-term are asfollows,

Key near-termsupport is at 18,124. IfSensex holds above this

level, it can movehigher to 18,500, 18,672or 18,730 over theensuing sessions.

Move below 18,124will mean that the indexis heading towards17,786. A bounce fromthis level will re-establish the short-term range between17,800 and 18,600.

However, a crashthat leads topenetration of 17,786support will bring themedium-term targets

given above to play.If we consider the

action of the oscillatorsand rest of globalmarkets, the secondscenario seems more

likely, that is, Sensex islikely to slide lower tothe support at 17,800.

Whether the bullswill be able to get theiract together at thatpoint and again managea pull-back is to be seen.

Nifty (5,516.7)

Nifty recorded thepeak of 5,570 beforereversing lower to theintra-week low of 5,457.Key short-term supportfor the week is at 5,434.If the index movesbelow this level, it willdecline to the trough of

5,328 formed on May 25.There is possibility ofanother rebound fromthis level and such amove will result in theindex establishing therange between 5,330

and 5,600 over theensuing weeks.

The downtrend willaccelerate only on amove below 5,330 sincethat will result in theindex moving furtherdown to 5,224 or 4,989over the medium term.

Conversely, if theNifty manages to holdabove the support at5,434, it can move on to5,628 or 5,734 over theensuing sessions.

The medium-term

trend in the indexcontinues to be downand a strong close above5,708 is needed toreverse this view. Onthe other hand,

inability to movebeyond 5,600 in thesessions ahead wouldexacerbate thedowntrend draggingthe index to 5,224 orlower.

Global CuesWorries on economic

growth being slowerthan anticipated causeda slide in global stockprices last week. Euroweakened followingECBs indication that it isnot going to hike

interest rate. This madedollar rally against othercurrencies. The sharpreversal in the dollarindex from the low of73.5 resulted in a sharpturmoil in other assetclasses denominated indollars.

However, the trendin the greenbackremains weak and theindex is likely to facestiff resistance from

the zone around 76.5.Another reversal

from here will result inthe index oscillatingbetween 73 and 76 forfew more weeks.

The Dow went on torecord the sixthconsecutive weeklyloss last week. It alsoclosed below thep s y c h o l o g i c a l l yimportant 12,000level.

Though the short-term trend is definitelydown, we stay with theview that the medium-term view will turnnegative only on aclose below 11,640.Unless this indexmanages to clamber

atop 12,000 again earlynext week, it is likelyto move lower to testthe zone between11,500 and 11,640 in thedays ahead.


8/9

THETHETHETHETHEE C O N O M I C R E V O L U T I O NE C O N O M I C R E V O L U T I O NE C O N O M I C R E V O L U T I O NE C O N O M I C R E V O L U T I O NE C O N O M I C R E V O L U T I O N16

13-06-2011 to 19-06-201113-06-2011 to 19-06-201113-06-2011 to 19-06-201113-06-2011 to 19-06-201113-06-2011 to 19-06-2011

THE ECONOMIC REVOLUTIONTHE ECONOMIC REVOLUTIONTHE ECONOMIC REVOLUTIONTHE ECONOMIC REVOLUTIONTHE ECONOMIC REVOLUTION THE KEY OF SUCCESS IN STOCKMARKET TER

Sistema defers India listing;awaits 2G probe outcome

Amid uncertaintyover the ongoinginvestigation into the

2G scam, SistemaShyam TeleServicesLtd (SSTL) , whichoffers services underthe MTS brand, hasdeferred its plans togo public and list thecompany on thebourses.

In this kind of theenvironment, I wouldsay we woulddefinitely have tosee. . . what theoutcome would be ofthe var iousinvestigations, SSTLPresident and CEO MrVsevolod Rozanovtold PTI.

The companywants to go public bylisting on the Indianbourses. SSTL is a jointventure betweenRussia-based Sistema,the Russ iangovernment andShyam Group of India.

The RussianFederat ion holds a17.14% stake in thecompany. Sistema is

the major ityshareholder with a56% part ic ipat inginterest and theremaining is with theIndian promoters.

The Indian telecomsector, which is one ofthe s ignif icantcontr ibutors to thecountrys GDP, is thefocus of severalinvest igat ions inconnect ion to the

al lotment of 2Glicences under theregime of former

Telecom Minister Mr ARaja.

One has to see therules of the game. Wehave to look at theoutcome of theseinvest igat ions, therules of the proposednew telecom pol icyand the spectrum

issue. We definitelyneed to wait unti lregulatory clearancearrives, Mr Rozanovadded.

In 2010, the Russiang o v e r n m e n t sinvestment of Rs2,698.8 crore in SSTLprovided the companywith addit ionalf inanc ing that wil lhelp it to rapidly

expand its high-speeddata network acrossIndia during 2011.

The CAG hadquantif ied apresumptive loss of over Rs 1.76 lakh croredue to the sale of 2Gspectrum in 2008 byMr Raja and the matteris being investigatedby various agencies.

The company willcomplete three years

of Indian operationsin October with aninvestment of USD 3

billion by the end ofthis year.

S istema hasarranged $3 billion foroverall commitmentfrom the group onvar ious operat ions,out of which around$2.4 bi l l ion to $2.5bi l l ion has already

been invested and therest will be realised bythe end of this year,Mr Rozanov said.

SSTL offers mobileand data services in 20circles out of 22 circlesin the country. Thecompany wil l soonoffer services in theremaining c irc leswithin a week or so.

Our network is

present in 20 circlesout of total 22 circlesin the country. Wil llaunch last two in fewdays in J&K and NorthEast, Mr Rozanovsaid added. Thecompany has overseven lakh datasubscr ibers andoverall, it has morethan 11 mil l ioncustomers, includingvoice.

L&T Finance to launch Rs1750cr IPO in June: Sources

L&T FinanceHoldings, an arm ofengineering and

construction companyLarsen & Toubro, willlaunch its Rs 1,750 croreinitial public offer (IPO)in June, reports CNBC-TV18 quoting DowJonessources. The companywill meet local investorsnext week ahead of theplanned IPO.

The issue consists ofRs 50 crore worth ofequity shares reservedfor employees and Rs125 crore for L&Tshareholders.

It is a financialholding companyoffering a diverse rangeof financial productsand services across thecorporate, retail andinfrastructure financesectors, as well asmutual fund productsand investmentmanagement services,through direct andindirect wholly-ownedsubsidiaries.

L&T FinanceHoldings' whollyowned subsidiaries are

L&T InfrastructureFinance CompanyLimited, L&T FinanceLimited, L&TI n v e s t m e n tManagement Limited,L&T Mutual FundTrustee Limited andIndia InfrastructureDevelopers Limited.

Company intends touse issue proceeds forrepayment ofintercorporate depositissued by promoter tocompany (worth Rs 345

crore); and augmentingthe capital base of L&TFinance (by infusing Rs570 crore) and L&T Infra(by investing Rs 535crore), to meet thecapital adequacyrequirements tosupport the futuregrowth in theirbusiness.

JM FinancialConsultants PrivateLimited, CitigroupGlobal Markets IndiaPrivate Limited, HSBCSecurities and Capital

Markets (India) PrivateLimited, BarclaysSecurities (India)Private Limited andCredit Suisse Securities(India) Private Limited

are the book runninglead managers to theissue. Equirus Capital

Private Limited is theco-book running leadmanager.

ICRA assigns grade 2to Brooks LaboratoriesIPO

ICRA has assigned angrade 2, indicatingbelow average

fundamentals, to theproposed initial publicoffering (IPO) of BrooksLaboratories, accordingto its research reportdated June 8.

Brooks wasincorporated on January

23, 2002 by Mr AtulRanchal and Mr RajeshMahajan with the aim toset up a manufacturingfacility forp h a r m a c e u t i c a lformulations namelytablets, injections anddry syrups.

The report says, "Thegrading takes intoaccount the past trackrecord of the companyin supplyingp h a r m a c e u t i c a lformulations to a fairly

diversified customerbase and thee s t a b l i s h e dm a n u f a c t u r i n gcapabilities with a WHO-GMP approved plantlocated at Baddi,Himachal Pradesh. Inthe recent past, thecompany's profitabilityhas witnessed a gradualimprovement driven byincreasing focus onmanufacture of nicheand differentiatedproducts. The gradingalso factors in the small

scale of operationshaving a singlemanufacturing facilityand the highlycompetitive domesticcontract manufacturing

industry characterisedby presence ofnumerous similar sized

smaller players as wellas large establishedplayers therebyresulting in heavypricing pressure."

"In order to begincatering to the exportmarkets and augmentm a n u f a c t u r i n g

capacities, Brooks isproposing to setup anew manufacturing unitat JB SEZ Private Limitedlocated at Panoli,Gujarat at an estimatedcost of Rs 60 crore to befunded entirely from

the proceeds from theIPO. However, owing tothe Greenfield natureof the project coupledwith substantial timerequired forstabilisation of them a n u f a c t u r i n gprocesses, the projectexecution risks remainhigh. Moreover, thecompany's ability toattract and partnerclients in order toachieve sufficientorders in a highly

competitive market andtimely receipt ofnecessary approvalswill also prove critical inattaining a strongrevenue growth,"according to report.

Brooks reported anet profit of Rs 5.2 crorein FY 2010 on anoperating income of Rs45.1 crore as comparedto a net profit of Rs 3crore in the previousyear on an operatingincome of Rs 45 crore.For the six months

ended 30th September2010, the companyreported a net profit ofRs 3.2 crore on anoperating income of Rs25.1 crore.

Cont. from Pg. 14Olympic Carfds IPO

i ts manufactur ingcapacity in Chennai tocater to geographiesoutside Tamil Nadu.However, the spectreof local isedcompetit ion loomslarge. The gradefactors in thecompany's exposureto the risk of branddilution. It shares the'Olympic' brand withthe promoter 'srelatives who have asimilar business."

" C e n t r a l i s e dmanagement, andrelat ively weakinternal processesand managementinformation systems

have also influencedthe grade. Further,the independentdirectors ' havel imited abi l i ty toe x e r c i s em a n a g e m e n toversight. The gradedoes derive supportfrom the company'spresence in thewedding cardsegment, which isexpected to grow 15-18% over the nextthree-five years with

nearly 35% of thepopulat ion in themarr iageable agegroup and expectedincrease in weddingbudgets," the report

said.O l y m p i c C a r d s

p l a n s t o i s s u e 8 . 2mi l l ion new s haresthrough the IPO andw i l l u s e t h eproceeds to fund itsc a p e x o f R s 3 6 2m i l l i o n . T h ep r o c e e d s w i l l b eu t i l i s e d f o re x p a n d i n gm a n u f a c t u r i n gf a c i l i t y t o 5 3 1mil l ion pieces from145 million pieces in

Chennai and settingu p f o u r m o r e n e woutlets . Part of thep r o c e e d s w i l l b eu s e d f o r g e n e r a lcorporate purposes.


9/9

THETHETHETHETHEE C O N O M I C R E V O L U T I O NE C O N O M I C R E V O L U T I O NE C O N O M I C R E V O L U T I O NE C O N O M I C R E V O L U T I O NE C O N O M I C R E V O L U T I O N18

13-06-2011 to 19-06-201113-06-2011 to 19-06-201113-06-2011 to 19-06-201113-06-2011 to 19-06-201113-06-2011 to 19-06-2011


Ra i n , I n f l a t i o n Da t a & Po l i t i c a ls tab i li t y w i l l improve m arket d irec t ion

Dear Friends &

Investors,Last week we seenmarket not bigmovement wholeweek. There was aperceptible lull in the

Indian market, with thekey equity indiceshovering in a narrowtrading band. Tradedvolumes tapered offsubstantially, rejecting ageneral lack of interestamong market players.Moreover, a decline in

April IIP and rise in foodinflation adverselyaffected market

sentiment. All eyes areon the RBI, which willmeet on June 16 toreview rates.

The benchmark 30-share index, Sensex lost108 points or 0.59% to18,268.54 in the weekended June 10. On theother hand, the broadbased NSE Nifty moveddown by 31 points or0.56% to 5,485.8 in thesame period. Mid-capindex increasedmarginally by 2 points,

or 0.03% to 6,898.28during the week.Meanwhile, Small-capindex gained 50 points,or 0.60% to 8,288.46during the week.

All sectoral indices

ended the week mixed.

Top gainers were BSEConsumer Durables(3.16%) followed by IT(1.5%), Teck (1%) andRealty (0.7%). HoweverBSE Auto dropped the

most with fall of 2%,followed by Metal(1.3%), Bankex (0.7%)and FMCG (0.6%).

Global MarketsAll major global

markets are expected toend in the red for theweek. The US markets

reacted to weak

economic dataas well as somed o w n b e a tassessment ofthe economyby Fed ReserveC h a i r m a nBernanke.

Institutional

ActivitiesFIIs flows

were positivefor equities but withmarginally net inflowsof Rs 1.66 billion duringthe week. Meanwhile,

domestic institutionalinvestors (Banks, DFIs,Insurance and MFs)were also net buyers

worth Rs 6.48 billion

during the week. MacroEconomic IndicatorsIndias industrial outputgrew by 6.3% in April2011 as per the newseries. This was lower ascompared to the 8.8%

expansion in March as

per the new series. Asfar a the old series isconcerned, Industrialoutput grew by amodest 4.4% in Aprilthis year versus 7.3% inMarch 2011. Indiasexports grew by animpressive 56.9% toUSD 25.9 billion y-o-y inMay on account ofincreasing demand fromthe Western markets.Imports, too, went up by54.1% to USD 40.9billion, leaving a tradedeficit of USD 15 billion.

Food inflationjumped to a two-monthhigh of 9.01% for theweek ended May 28 onthe back of costlierfruits, onions andprotein-based items.Food inflation, asmeasured by theWholesale Price Index(WPI), was 8.06% in theprevious week, while itwas as high as 20.62%during the last week ofMay, 2010.

Outlook

The key Indianindices may continue toremain lackluster amidlack of interest amongthe traders as well asinvestors. The recenttrend of light tradingvolumes underscore ageneral lack ofparticipation for thetime being. A cleardirection might emergeonce the Nifty managesa decisive break outfrom the current tradingrange. Im sure that RBInot change any policynext meets on 16th June,2011, because this is thebig problem foreconomy & corporate

sector. So RBI notchanges Interest rate of

repo rate & reverse reporate. So investor has notpressure on your mindfor this policy. Crude oilrose further during theweek, thus aiding

inflationary pressures

and at the same timealso squeezinggovernment finances.The current macrocondition of Indianeconomy is not the mostdesirable from a growthpoint of view. Thegrowth is slowing downeven as the inflationremains wellentrenched. This couldlead to Stagflation.

I believe Indianequities wouldcontinue to remainrange-bound and may

even weaken furthergiven ongoing euro-debt crisis, fresh worrieson US economic growthand domestic economicrisks as outlined above.I bullish & Bearish incoming week. Becausenot big movement incoming week. Marketmay range boundcoming week. Investorhave keep sure calltrade & keep a stop lossyour trend.

Petronet LNG

futureClose (138.45)Petronet LNG Ltd has

informed BSE that theRegister of Members &Share Transfer Books ofthe Company willremain closed fromJune 20, 2011 to June 30,2011 (both daysinclusive) for thepurpose of Payment ofDividend & 13th AnnualGeneral Meeting (AGM)of the Company to beheld on June 30, 2011.

Dividend, if approvedby the Members in theAnnual GeneralMeeting, will bepayable on and afterJuly 04, 2011. This newsbullish for this stock.Buy petrone at 135-138level. Keep a stop loss131.50 for target of 145-152.

Indian Hotel

Future

Close (80.05)Indian Hotels, FY11

saw averageoccupancies acrossluxury hotels in majorcities up 200-900bps yoyexcept for pockets ofweakness like South

WEL KNOWN ANALYSTS WRITERS FROM DIFFERENT PART OF COUNTRY

Mumbai. Although

Hyderabad and Chennaisaw room inventoryadditions in FY11,robust demand meantoccupancies were up500-800bps. Our talkwith metro-focusedcompanies suggests H2FY12 could seemoderate 5-8% ARRhikes in major metros.Bangalore may be anexception and may seea subdued 3-4% rise asimpending supply

looms. We expect FY11to be the low point incurrent margin cycle assustained upswing inoccupancies and

moderate ARR hikes inH2 FY12 lead to revivalin domestic operations.Encouragingly, IHCL Q4FY11 standalone margin

of ~35% was highestsince Q3 FY09.

Buy this stock everydips with stop loss 78 fortarget 85-89 Rs.

GVK Power

Future

Close (22.15)The problem with

this company Mumbaiand Delhi internationalairports ask passengersto pay airportdevelopment fees? Theairport economic

regulatory authority

(AERA) will decide onthis matter after it getsfeedback from variousstakeholders. In a taleof two airport

operators, it might not

be the best of times. The

Delhi High Court ordered

GMR, which operates

Delhi international

airport, to stop charging

passengers airport

development fee for

three weeks which will

dent revenues by

around Rs 2 crore per

day. As the AERA studies

the issue of feechargeability, GMR calls

the point is moot.

Sidharath Kapur, CFO -

Airport Division of GMR

said, The permission to

allow the entire ADF is

under review by the

airport regulator for

which the consultation

process has just been

completed. We are

hopeful of final orders

from the regulator in the

next few weeks. This will

end the procedure

related suspension

happened due to the

legal upheavals over the

last couple of weeks. I

am hopeful that this will

end the entire issue

about ADF which is

more a procedure

related issue rather achargeability issue. The

AERA is not confining its

study to just the issue of

chargeability. Sources

said that it has asked

for feedback from

stakeholders, and will

then take a call on

whether airports can

make up the shortfall in

project costs through

means other than ADF.

A final order is expected

in two-three months.

The big negative

news in coming week inthis stock so investorShort this stock in everyhigh keep a stop loss of23 for target of 20-19 if

Continue on ......17

ter english issue 16 yr 4 few pages

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