FII ACTIVITY ON FEB 28- TUESDAY

 Lic buys 12. 88 lac shares in renuk sugar

 Black stone buys 32. 51 lac shares in ivrcl infra

 Lic buys 12. 88 lac shares in yes bank
 Clsa buys 48. 18 lac shares in tata motors

 Citi group buys 10. 92 lac shares in reliance infra

NIFTY LEVELS & INTRADAY TREND ANALYSIS FOR FEBRUARY 29 - WEDNESDAY

Nifty closed higher at 5378. So today the first resistance for nifty is at 5409-14 level. Next resistance ranges are at 5445-50,5464-67,5487-91,5505-10,5540-45,5583-87,5623-29,5645-50,5690-95,5718-23,5738-43 levels. On downside first support is at 5348-43 level. Next supports are at 5318-14,5266-62,5217-14,5178-73,5136-31,5104-99,5078-72 level.Yesterday nifty had recovered a little and lighten up the hopes of bulls So today we expect the trend to be with bull side if nifty strongly trades above 5414 level and on downside if nifty is below 5343 be alert as chance are high for nifty to be again drift in to bear side and below 5314 bears will have an edge.

NIFTY LEVELS & INTRADAY TREND ANALYSIS FOR FEBRUARY 28 - TUESDAY

 Nifty tanked and closed on a strong weak note at 5281. So today the first resistance for nifty is at 5330-35 level. Next resistance ranges are at 5362-66,5381-84,5405-11,5445-50,5464-67,5490-95,5517-20,5547-52,5583-87,5623-29,5645-50,5690-95,5718-23,5738-43 levels. On downside first support is at 5234-29 level. Next supports are at 5217-14,5178-73,5136-31,5104-99,5078-72 level.The bears now have the control so today for intraday if nifty again goes below 5229 selling will again continue and on upside no intraday long is recommended until nifty strongly trades above 5335 level.Positionally we expect support at 5080-70 level.

FII ACTIVITY ON FEB 27- MONDAY

 BLACK STONE BUYS 8.14 LAC SHARES IN HPCL

 CLSA SELLS 16.79 LAC SHARES IN DENA BANK

 NOMURA SELLS 18.56 LAC SHARES IN RELIANCE CAPITAL

 CITI GROUP SELLS 12.05 LAC SHARES IN TATA STEEL

STOCK RECOMMENDATION - KAMANWALA CONSTRUCTION

KAMANWALA HOUSING CONSTRUCTION
BSE : 511131   CMP: 36   Target : 60 in 4 months
 

Kamanwala Housing Construction Limited (KHCL), a company with a 25-year track record, based at Mumbai
is into construction and development of commercial and residential buildi n g s . It owns the famous Filmistan studio in partnership and has been in news recently that it is selling the land for a whooping amount of Rs.600 cr. Kamanwala completed a commercial project “Pinnacle Corporate Park” at Mumbai’s most developing commercial hub Bandra Kurla Complex. Kamanwala’s Savoy Residence, a residential project of 60000 sq ft. in
Santacruz West has been completed. Work at Savoy chambers, a commercial project of 67000 sq.ft in Santacruz West is completed. Kamanwala is constructing 5 towers residential project in Malad West .They are developing SRA project at Mahim. Kamanwala owns 125000 sq ft of land in Oshiwara area. They are soon starting with development of 35 acres of land in Hyderabad. Kamanwala holds huge land in Noida and Turbhe as well. With total land asset of more than Rs.1000 cr, market is severely undervalued at 36 with market capital of Rs.45 cr.Considering the zeroing of debt the company has undertaken, completion of its various projects and its land bank, we recommend a STRONG BUY on Kamanwala with target of 60 in 4 months.

STOCK VIEW - SURYALAKSHMI COTTON MILLS

Suryalakshmi Cotton Mills Ltd
cmp:58
Suryalakshmi Cotton Mills Ltd, one of the major players in the textile industry in South has modern spinning units at Amanagallu in Mahboobnagar District in Andhra Pradesh and a 40 million meter denim plant at Ramtek near Nagpur, Maharashtra.Company's spinning unit at Amanagallu has a capacity of 60000 spindles and denim fabric manufacturing unit with a capacity of 40 million meters. Both are operating at 95% capacity utilization. The company’s subsidiary Suryakiran International Ltd, located in the outskirts of Hyderabad, is into the manufacture and export of denim garments.Suryalakshmi’s large transnational network backed by a strong marketing presence ensures quality products to its domestic and international clients.The company is setting up of 25 MW coal-based captive power plant with a cost of Rs1.24bn at Ramtek, Nagpur district, Maharashtra and the same was financed by term loan of Rs. 80 crore from banks, internal generation/promoters contribution of Rs. 44.36 crore. Financial closure for this project has already been completed. The expected C.O.D for the thermal power project is April ‘12.Further, the company has taken up expansion cum replacement under TUF scheme for increasing and replacing the looms with a cost of Rs. 272.5mn at Ramtek, Nagpur district, Maharashtra and the same will be financed by Term Loan of Rs. 180mn from bank, internal generation / promoter’s contribution of Rs. 92.5mn. Financial closure for this scheme has already been completed. The expected C.O.D for this scheme is expected any day now.Decent prospects,one should hold on to the counter for future gains.

STOCKS IN THE NEWS FOR THE WEEK AHEAD

After reporting a loss for the December 2011 quarter, the share price of Eveready Industries shot up significantly instead of correcting. Book profits and buy later.
* Numeric Power has entered into a Business Transfer agreement with M/s Indo Asian Electric Pvt Ltd. a wholly owned subsidiary of Legrand France SA, to sell its UPS business for a consideration of Rs.837.08 crore in all cash deal. At the current market cap of Rs.270 crore, it’s still worth a buy.
* Sasken’s Board has approved the buy-back of shares utilizing maximum Rs.86.50 crore at a price not more than Rs.180 per share. Scrip may see some rally once the actual buy-back begins. Wait and Watch.
* Last week, Tecpro System suddenly witnessed some selling pressure and the scrip shaved off Rs.30 in a couple of trading days. Buy now and accumulate at further declines.
* Alfa Laval crosses Rs.3400 in the open market. Does that mean that the buy-back price is revised to Rs.4000+?
* HDFC becomes a smart pick now that Citi gets out of it and some more prominent stakeholders buy Citi’s shares.
* IVRCL and LITL to gain as they are selling their land banks and now concentrating on infra projects - their core business.
* M&M goes the Modi way. Yes Gujarat’s gain is Maharashtra’s loss. No wonder real estate prices are also scaling up in Gujarat!
* BPCL is up on the rationale of diesel decontrol HPCL an IOC are yet to follow suit, switch BPCL to HPCL or IOC.
* Motilal Oswal is “der aaya durust aaya” now that it enters with Gold ETF to be deliverable in gold of 995 purity in 10gms unit.
* Aries Agro is expected to post an EPS of above Rs.20 in FY12. The share can be grabbed for decent gains.
* The shares of Fairfield Atlas, Honeywell, BOC and Kennamental rose on the hope of delisting offer.
* The counter of Trend Electronics (formerly Videocon Communications) was bullish on expectation of good results by the company going forward.
* The shares of Bharat Gears can be bought for decent gain as based on the going, the company is all set to post an EPS of Rs.25 in FY12 and Rs.35 in FY13. The share is poised to touch Rs.100 mark shortly.

NIFTY LEVELS & INTRADAY TREND ANALYSIS FOR FEBRUARY 27 - MONDAY

Nifty closed weaker at 5429 but still slightly above the support zone. So today the first resistance for nifty is at 5447-50 level. Next resistance ranges are at 5464-66,5490-95,5517-20,5543-48,5583-87,5623-29,5645-50,5690-95,5718-23,5738-43 levels. On downside first support is at 5401-96 level. Next supports are at 5365-60,5333-28,5313-08,5295-90,5260-55,5232-27,5195-90,5153-47,5130-25,5108-05 level.Today the trend is crucial if nifty is trading below 5400 be very alert and below 5360 we expect the sellers will take the control and further if nifty goes below 5310 there will change in short term trend.On upside better keep away from long side until nifty strongly trades above 5500

NIFTY LEVELS & INTRADAY TREND ANALYSIS FOR FEBRUARY 24 - FRIDAY

Nifty closed slightly weaker at 5483 but still above the support zone. So today the first resistance for nifty is at 5505-10 level. Next resistance ranges are at 5523-27,5539-41,5560-63,5583-87,5623-29,5645-50,5690-95,5718-23,5738-43 levels. On downside first support is at 5462-58 level. Next supports are at 5447-42,5427-22,5405-00,5365-60,5323-18,5295-90,5260-55,5232-27,5195-90,5153-47,5130-25,5108-05 level.Hope is that nifty still above support zone but if below 5460 be very alert and bears can took control below 5442 so better no long below that level and on upside resistance will be at 5510 and 5541 level

FII & DII ACTIVITY ON 24TH FRIDAY

 CLSA SELLS 23.05 LAC SHARES IN RELIANCE CAPITAL

 CITI GROUP BUYS 43.81 LAC SHARES IN LANCO INFRA

 LIC BUYS 12.56 LAC SHARES BHEL

 CITI GROUP BUYS 10.82 LAC SHARES IN BPCL

FII & DII ACTIVITY ON 23 - THURSDAY

 LIC SELLS 16.96 LAC SHARES IN RELIANCE CAPITAL

 CITI GROUP SELLS 12.85 LAC SHARES IN JET AIRWAYS

 BLACK STONE BUYS 7.24 LAC SHARES IN SUN TV NETWORK

 CLSA SELLS 10.51 LAC SHARES IN ARVIND MILL

NIFTY LEVELS & INTRADAY TREND ANALYSIS FOR FEBRUARY 23 - THURSDAY

 Nifty tanked to close at 5505. A big fall in this year. So today the first resistance for nifty is at 5543-47 level. Next resistance ranges are at 5581-86,5623-28,5645-50,5690-95,5718-23,5738-43 levels. On downside first support is at 5466-63 level. Next supports are at 5447-43,5425-20,5405-00,5365-60,5323-18,5295-90,5260-55,5232-27,5195-90,5153-47,5130-25,5108-05 level.Nifty had fallen is this a trend change signal? So far nifty had not changed the trend but if nifty is below 5400 it is not a good sign and might nifty will change the trend direction below that level.So today if nifty moves below 5460 be alert and stay away from longs and on upside we expect the pressures at 5547 and 5586 and longs are encouraged only if nifty stays strogly above 5550 level.
 

FII & DII ACTIVITY ON 21TH TUESDAY

 Citi group buy 4. 08 lac shares in titan industries

 Clsa buys 18. 91 lac shares in reliance capital

 Lic buys further 16. 86 lac shares in bhel

 Black stone buys 15. 83 lac shares in tata steel

 Citi group buys 4. 08 lac shares in bank of india

 Clsa buys 8. 91 lac shares in godrej industries

NIFTY LEVELS & INTRADAY TREND ANALYSIS FOR FEBRUARY 22 - WEDNESDAY

 Nifty closed on bullish note at 5607 . So today the first resistance for nifty is at 5630-35 level. Next resistance ranges are at 5650-55,5690-95,5718-23,5738-43 levels. On downside first support is at 5585-80 level. Next supports are at 5563-59,5546-42,5526-21,5505-01,5485-80,5445-40,5427-24,5403-00,5360-55,5323-18,5295-90,5260-55,5232-27,5195-90,5153-47,5130-25,5108-05 level.Bulls now had upper hand So today the main intraday resistance are at 5635 and 5655 level and on downside support are at 5559 and 5542 level.

STOCKS IN THE NEWS FOR THE WEEK AHEAD

* Vakrangee Software is totally under operator’s control. Don’t get tempted to buy on the rumours of bonus and stock split. Stay away and exit immediately, if holding.
* Although Geodesic Ltd. reported 30% lower profit for Q3FY12 at Rs.40 crore, it is trading reasonably cheap at a market cap of Rs.550 crore. Keep a watch.
* Share price of Ahlcon Parenteral has quadrupled in the last four months. Maybe the company is changing hands. Better to book profit and watch the drama as an outsider.
* Bartronics reported a PAT of Rs.46 crore for Q3FY12. For the first nine months, it registered net profit of Rs.113 crore. Worth a punt at the current market cap of Rs.140 crore.
* Aries Agro is expected to post an EPS of Rs.20+ based on its robust results of 9MFY12. The share is expected to touch Rs.125 mark soon.
* Morganite Crucible India an MNC with 75% foreign holding has debited higher charge for management fees in Q3FY12 and may post a consolidated EPS of Rs.37-38 in FY12. The share can be accumulated for decent gains in the medium-to-long-term.
* KNR Constructions has posted excellent results for Q3FY12 based on which it may end FY12 with an EPS of Rs.25. The share can be bought with a target price of Rs.175 in the medium-term.
* AGC Networks, which the Essar Group acquired at Rs.246 per share, has come out with excellent results for 9MFY12 with an EPS of Rs.32 and is expected to post an EPS of Rs.40+, for FY12, which will take its share price over Rs.200 in the near future.

NIFTY LEVELS & INTRADAY TREND ANALYSIS FOR FEBRUARY 21 - TUESY

 Nifty closed on bullish note at 5564 . So today the first resistance for nifty is at 5587-91 level. Next resistance ranges are at 5605-10,5623-28,5645-48,5664-67,5695-00,5718-23,5742-47 levels. On downside first support is at 5542-37 level. Next supports are at 5520-16,5505-01,5480-75,5445-40,5427-24,5403-00,5360-55,5323-18,5295-90,5260-55,5232-27,5195-90,5153-47,5130-25,5108-05 level.Bulls now had the grip but better further long should be taken only if nifty moves above 5610 level and on downside support are at at 5445-40 and 5400-395 level.So today the main intra hurldle are at 5591 and 5610 level and intra support are at 5516 and 5475 level

SHORT TERM BUY CALL - CRONIMET ALLOYS

Cronimet Alloys India

BSE: 532990  NSE: CRONIMET  CMP: 19.50 Buy cronimet alloys around 19.00 levels for a short term target of  23.50 with a stoploss of 17.50

SHORT TERM BUY CALL - PIRAMAL GLASS

Piramal Glass

BSE: 532949  NSE: PIRGLASS  CMP: 114.50 Buy piramal glass at 114.00 and below levels for a short term target of 129.50 with a stoploss 110.00.

FII & DII ACTIVITY ON 16TH THURSDAY

 Black stone buys 14. 86 lac shares in jet airways

 Lic sells 18. 40 lac shares in tata steel

 Citi group buys 10. 21 lac shares in cairn india

 Clsa buys 82. 54 lac shares in ifci

NIFTY LEVELS & INTRADAY TREND ANALYSIS FOR FEBRUARY 17 - FRIDAY

Nifty closed on slight bearish note at 5521 . So today the first resistance for nifty is at 5543-47 level. Next resistance ranges are at 5568-72,5603-08,5623-28,5660-65,5690-95,5718-23 levels. On downside first support is at 5500-96 level. Next supports are at 5475-70,5445-40,5427-24,5403-00,5360-55,5323-18,5295-90,5260-55,5232-27,5195-90,5153-47,5130-25,5108-05 level.Bulls now had the grip and the next target seems to be at 5604 So today unless there is a move below 5400 bulls does not have the reason to worry and for intraday hurdle are at 5572 and 5608 level and support are at 5470 and 5440 level.

SHORT TERM BUY CALL - MAN INDUSTRIES

Man Industries (India)

BSE: 513269  NSE: MANINDS   CMP: 110.85 Buy man industries at 110.00 levels for a short term target of 126.00 with a stoploss of 105.00

NIFTY LEVELS & INTRADAY TREND ANALYSIS FOR FEBRUARY 15 - THURSDAY

Nifty closed on storng bullish note at 5531 . So today the first resistance for nifty is at 5562-67 level. Next resistance ranges are at 5577-81,5603-08,5623-28,5660-65,5690-95,5718-23 levels. On downside first support is at 5508-05 level. Next supports are at 5486-82,5465-60,5448-43,5427-24,5403-00,5373-68,5355-50,5323-18,5295-90,5260-55,5232-27,5195-90,5153-47,5130-25,5108-05 level.Bulls back in the action now the next target seems to be at 5604 So today unless there is a move below 5400 bulls does not have the reason to worry and for intraday hurdle are at 5567 and 5608 level and support are at 5486 and 5460 level.

SHORT TERM BUY CALL - GM BREWERIES

GM Breweries

BSE: 507488  NSE: GMBREW CMP: 79.00 .  Buy gm breweries at 77.00 - 79.00 levels for a short term target of 93.00 with a strict stoploss of 74.50

SHORT TERM TARGET REACHED - SKS MICRO

Sks microfinance recommended  on february 10th friday at 114.00 levels for a short term target of 130.00. in few sessions stock touched 133.00 yesterday and locked in 5 % upper circuit with more than 2 lakhs shares pending buy orders with no sellers available. my short term target is reached but stock can move further upward , one can hold for a revised target of 148.00 with revised stoploss at 131.00

SHORT AND MEDIUM TERM BUY - DHANUKA AGRITECH

Dhanuka Agritech

BSE: 507717  NSE: DHANUKA CMP: 84.00  .  Buy dhanuka agritech around 84.00and below levels with a stoploss of 78.50 for a short term target of 92.00 and medium term target of 118.00.

FII & DII ACTIVITY ON 14TH TUESDAY

 CLSA BUYS 78.92 LAC SHARES IN LANCO INFRA

 NOMURA SELLS 16.55 LAC SHARES IN TATA POWER

 CLSA BUYS 68.92 LAC SHARES IN HDIL

 NOMURA BUYS 36.55 LAC SHARES IN IVRCL INFRA

 LIC BUYS 46.85 LAC SHARES IN HINDALCO INDUSTRIES

 CITI GROUP BUYS 32.66 LAC SHARES IN RENUKA SUGAR

NIFTY LEVELS & INTRADAY TREND ANALYSIS FOR FEBRUARY 15 - WEDNESDAY

Nifty closed slightly higher at at 5416 . So today the first resistance for nifty is at 5428-31 level. Next resistance ranges are at 5439-44,5463-68,5495-00,5521-25 levels. On downside first support is at 5393-88 level. Next supports are at 5367-63,5350-45,5323-18,5295-90,5260-55,5232-27,5195-90,5153-47,5130-25,5108-05,5068-63,5049-45,5007-02,4990-85, 4963-60,4950-47,4907-02, level.Tommorow trend is crucial if nifty able to move above 5444 bulls have another reason to cheerand on the other side if nifty once again face pressure at 5420 ranges chance are high for small correction.So today be watchfull below 5365 and below 5318 sellers might take the advantage and on upside above 5444 bulls again comes in to action.

SHORT TERM TARGET REACHED - CREWBOS

Buy call given in crewbos products and ifgl refractories on 30th january monday. crewbos recommended at 33.00 levels for a target of 40.00, stock exactly reached the target in few days, as crebos hit 40.70, yesterday. ifgl refractories also almost hit the target as stock reached 48.00 levels yesterday recommended at 40.00 levels for a target of 49.00, will hit target in few sessions.

FII ACTIVITY ON 13TH MONDAY

   CITI Group - Buys 12.08 Lac Shares In Reliance Infra

   CLSA - Buys 14.22 Lac Shares In Sesa Goa Limited

   LIC - Sells 45.63 Lac Shares In IVRCL Infra Limited  
   Black Stone - Buys 10.42 Lac Shares In Jet Airways

SHORT AND MEDIUM TERM BUY - DION GLOBAL

Dion Global Solutions

BSE: 526927   NSE: FORTISFIN   CMP:35.00 . Buy dion global solutions at current market prices for a short term one month target of 42.00 and medium term target of 73.00 with a strict stoploss of 32.00. stock may be open in upper circuit continuously, buy at market prices and follow strict stoploss.

NIFTY LEVELS & INTRADAY TREND ANALYSIS FOR FEBRUARY 14 - TUESDAY

Nifty closed slightly higher at at 5390 . So today the first resistance for nifty is at 5410-15 level. Next resistance ranges are at 5425-28,5437-40,5460-65,5495-00,5521-25 levels. On downside first support is at 5371-67 level. Next supports are at 5354-50,5335-32,5321-18,5295-90,5260-55,5232-27,5195-90,5153-47,5130-25,5108-05,5068-63,5049-45,5007-02,4990-85, 4963-60,4950-47,4907-02, level.Nifty is now facing pressure at 5420 ranges and a move above 5430 is required for the bull rally to continue and on downside be very alert below 5318 and better avoid long below that level

STOCKS IN THE NEWS FOR THE WEEK AHEAD

* JK Lakshmi Cement has reported terrific performance for Q3FY12 and approved the buy-back of shares upto an amount of Rs.97.50 crore, at a maximum price of Rs.70 per share. Scrip to watch out for.
* The Aanjaneya Lifecare stock is in control of operators and expected to move up sharply. But retail investors should stay away from the counter.
* Share price of JMC Projects has shot up smartly in the recent past. Time to book some profits at current levels and hold on to the balance.
* ILFS Transport bags another BOT road project worth Rs.1818 crore from NHAI for four laning of 113 km of NH21 in Himachal Pradesh. Accumulate scrip at sharp declines.
* One pharma analyst strongly recommends the share of Surya Pharma for the long-term. With a likely EPS of Rs.5 on FV of Re.1, the share is poised to touch Rs.30 mark in about one year.
* KNR Constructions is expected to garner an EPS of Rs.22 in FY12 and Rs.25 in FY13. It’s an Infra share is going cheap.
* Munjal Showa is all set to clock an EPS of Rs.13-15 (FV Rs.2) in FY12 on robust going. The share is poised to cross the Rs.90 mark.
* Morganite Crucible India 75% subsidiary of Morganite of UK is expected to post an EPS of Rs.35 in FY12. A P/E of 20 as mostly applied to MNCs will take the share price to Rs.700 mark.
* Pochiraju Industries is setting up a biopharma plant to be completed by mid-2013. It may post an EPS of Rs.8 in FY12 and Rs.11 in FY13. The share can be grabbed for decent gains and prove to be a multi-bagger.
* Sizeable investment buying has been reported in the counter of IFB Agro Industries. With a likely EPS of Rs.45 in FY12 will take its share price to Rs.450.
* MBL Infra shares have attracted good buying in the past two days. Likely to post an EPS of Rs.35-40 in FY12. Buy for decent gain.

NIFTY FNO TIPS FOR 13TH MONDAY

TARGET NIFTY
Buy Nifty Future above 5402 - 5441 - 5485 - 5530 SL - 5393
Sell Nifty Future below 5389 - 5354 - 5310 - 5265 SL - 5400


Option Call
Buy Nifty 5400PE above 86 for targets of 106, 131 SL - 81
Buy Nifty 5400CE above 82 for targets of 103, 128 SL - 78

TRADING CALLS FOR TODAY - 13TH MONDAY

INTRADAY TRADE
Reliance Industries: Sell below 839 for targets of 836, 831, 821 SL 849
Polaris: Buy above 169 for targets of 172, 177 SL 164
Hathway: Buy above 186 for targets of 189, 195 SL 179
POSITIONAL TRADE
Lichsgfin: Buy above 276 for target of 285 SL 272 (2-3 Days)
Sail: Buy above 114 for target of 122 SL 111 (1 Week)

NIFTY LEVELS & INTRADAY TREND ANALYSIS FOR FEBRUARY 13 - MONDAY

Nifty closed slightly lower at at 5381 . So today the first resistance for nifty is at 5406-11 level. Next resistance ranges are at 5432-37,5463-68,5495-00,5521-25 levels. On downside first support is at 5358-54 level. Next supports are at 5327-22,5295-90,5260-55,5232-27,5195-90,5153-47,5130-25,5108-05,5068-63,5049-45,5007-02,4990-85, 4963-60,4950-47,4907-02, level.Yesterday trend was slightly weak but no need to worry until nifty trades below 5300 and special care not to take long below 5322 level.So today the main hurdle for intraday on upside are at 5411 and 5437 level

SHORT AND MEDIUM TERM BUY - GARDEN SILK

Garden Silk Mills

BSE: 500155  NSE: GARDENSILK  CMP: 70.00. buy garden silk mills at current market price and also in dips for a short term target 84.00 medium term target of 115.00. i have recommended few stocks in this blog many times, even that time that stocks not performing well.such stocks have strong fundamentals and good management.garden silk is one of my best pick for its valuation.the current book value of this stock is around 148.00 and PE ratio of just 4.6 only.regularly paying dividend . garden silk is gradually moving upwards after hitting a low of 50.50 on december 30, 2011.this stock will surely hit our targets slowly but steadily.buy on every dips and hold it for decent gains.

SHORT TERM TARGET REACHED - ARSHIYA INTERNATIONAL.

Buy call given on monday february 6th this week at 146.00 for a short term target of 162.00 stock touched 170.00 yesterday and closed at 166.00.exactly reached the target in just one week.

SHORT TERM BUY CALL - SKS MICROFINANCE

SKS Microfinance

BSE: 533228  NSE: SKSMICRO   CMP:115.00 . Buy sks micro at 114 -115.00 levels for a short term target of 130.00 with a strict stoploss of 110.00. follow stoploss strictly.

NIFTY LEVELS & INTRADAY TREND ANALYSIS FOR FEBRUARY 10 - FRIDAY

Nifty closed higher at 5412 . So today the first resistance for nifty is at 5433-38 level. Next resistance ranges are at 5460-64,5495-00,5521-25 levels. On downside first support is at 5393-87 level. Next supports are at 5368-65,5352-48,5325-20,5295-90,5260-57,5235-30,5195-90,5153-47,5130-25,5108-05,5068-63,5049-45,5007-02,4990-85, 4963-60,4950-47,4907-02, 4872-68,4863-59,4842-38,4812-07 level.Nifty again closed higher and we expect the trend to continue.So today main intra resistance point are at 5438 and 5465 and on downside main intra support is at 5365 level

NIFTY LEVELS & INTRADAY TREND ANALYSIS FOR FEBRUARY 07 - TUESDAY

Nifty continued the up momentum and closed at 5361 . So today the first resistance for nifty is at 5378-83 level. Next resistance ranges are at 5392-97,5428-33,5488-93 levels. On downside first support is at 5346-41 level. Next supports are at 5325-21,5298-94,5280-77,5257-52,5235-32,5217-15,5195-90,5153-48,5130-25,5108-05,5068-63,5049-45,5007-02,4990-85, 4963-60,4950-47,4907-02, 4872-68,4863-59,4842-38,4812-07 level.Nifty continued the bull sprint but had slowed down the pace of rally but the trend is intact unless nifty is below 5215. So today main intra resistance are at 5397 and 5433 level and main intra support level are at 5325 and 5294 level

STOCKS IN THE NEWS FOR THE WEEK AHEAD

Finolex Cable Rs. 34.00 Code: 500144)

The company has recently made an official announcement that it is going to undertake expansion plan worth Rs. 80 crore at its two plants located at Rourki and Ursh for the manufacturing of various cable and wire products.
The price may surge up following this announcement.
Hindustan Dorr Oliver Rs.35.00 Code: 509627

It has been heard from the street that the promoters are going to sell off their sizable stake following which some market operators and players have started to accumulate this share. The price may touch the mark of Rs. 60 very soon. Grab it for short term of one month only.
Shreyas Shipping Rs. 32.00 Code: 520151

The board of directors of the company has approved the proposal for demerger of its logistic and shipping business. The price may move up following this positive development.
Syndicate Bank Rs. 101.00 Code: 532276

The board of directors of the bank at its meeting going to be held on February 11, 2012 may consider and approve the proposal to issue some sizable stake to government and other investors. The price may surge up if this speculation turns positive.
J.K. Laxmi Rs. 56.00 Code: 500380

The board of directors of the company at its meeting going to be held on February 7, 2012 may consider and approve the proposal to buy back its share from open market. The price may surge up if this speculation turns positive.
Ashok Leyland Rs. 26.00  Code: 500477

The company has very recently announced the most attractive result for the quarter ended on December 31, 2011 as it has registered the net profit worth Rs. 66.90 crore on sales of Rs. 2879.80 crore for the same period. The price may move up following excellent result.
Aptech Rs. 91.00 Code: 532475

Core Education is front runner to takeover this company. It may be recalled that big bull Rakesh Jhoonjhoonwala has 36 % stake in this company and valuation of his stake is currently worked out at Rs. 700 crore. The stock may be in limelight next week following this development.
Tantia Construction Rs.50.00 Code: 532738

The board of directors of the company at its meeting going to be held on February 13, 2012 may consider and approve the proposal to issue some sizable share on right basis to its existing share holders. The price may
surge up if this speculation turns positive.
Tamboli Capital  Rs. 29.00  Code: 533170

It has been heard from the market that Tamboli Castings, the subsidiary of Tamboli Capital, is going to make some positive announcement very soon. The price of the share may move up following this speculation.
PTC India Rs. 53.00  Code:532524

This company has recently declared the result for the quarter ended on December 31, 2011 which is very poor following which the price of its share had tumbled down significantly. Of course some market analysts and chartists are of the opinion that the gloomy period for this stock has over and it may take U turn any time.
Technocraft  Rs. 37.00  Code: 532804

The book value of this stock is three time higher than current market price which is really very attractive valuation. The company had during Q2 of current fiscal achieved turnaround position compared to June quarter and management is hopeful for some more excellent performance during December quarter too.

SHORT TERM BUY CALL - ARSHIYA INTERNATIONAL

Arshiya International

BSE: 506074  NSE: ARSHIYA  CMP: 146.00 . buy arshiya international at 145.00 levels for a short term one month target of 162.00 with a stoploss of 141.50

NIFTY LEVELS & INTRADAY TREND ANALYSIS FOR FEBRUARY 06 - MONDAY

Nifty continued the up momentum and closed at 5325 . So today the first resistance for nifty is at 5346-51 level. Next resistance ranges are at 5369-73,5389-93,5407-10,5430-35 levels. On downside first support is at 5303-98 level. Next supports are at 5281-77,5247-44,5225-20,5197-93,5160-55,5130-25,5108-05,5068-63,5049-45,5007-02,4990-85, 4963-60,4950-47,4907-02, 4872-68,4863-59,4842-38,4812-07 level.Nifty continued the bull sprint and closed above 5300 mark So today main intra resistance are at 5351 and 5373 level and main intra support level are at 5298 and 5277 level.Unless a close below 5220 we expect the bull trend to be intact but be alert as oscillator reading are on higher side.