STOCKS IN THE NEWS FOR THE WEEK

* After the standoff with its workers in Haryana Maruti Suzuki is actively considering coming to Sanand in Gujarat and join the league of Tata Motors, Hero Motors and M&M etc. at this new destination.
* HCL Technologies was seen in Infosys’ shadow as far as progress in Q1 is concerned. Almost all the analysts thought it shall go its peer way….but hold your breath here is the result, which beat all the estimates and proved a point that it is alive and not dead or dormant as you may think.
* Lavasa is back in the news for the right reasons. It seems HCC Ltd. has settled all its problems politically and is back to work. The scrip may have been dropped from F&O segment but its future looks much better now.
* Fast food majors like McDonalds, KFC, Dominos, Pizza Hut are all going through a tough time with single digit growth in Q1FY13 against double digit growth in Q1FY12. Jubilant Foodworks stock may react.
* Sugar seems to be turning bitter at Rs.42 a kilo. The commodity has appreciated over 20% in the last ten days. Book profits in sugar stocks as the government will surely try and tame sugar prices.
* Jaiprakash Associates and JP Power are burdened with huge foreign currency debts and the group is selling parts of its business ventures to repay its debts. Selling its cement plants may be the beginning of the end!
* Trading pattern suggests something is cooking in the J. Kumar Infraprojects counter given the sudden uptick. It may make some good announcement in August 2012.
* Raj Oil Mills is contemplating a GDR issue because of which its share price is artificially kept in action. Stay away from the counter.
* Share price of sugar companies like Balrampur Chini, Bajaj Hindustan etc. have risen on the back of higher prices. But don’t get tempted & book profits as sugar cane prices have also increased due to poor rainfall & other factors.
* Fairfiled Atlas is looking bullish on the charts. Keep a close watch.
* Almost 51 stocks are being dropped from the F&O segment due to new eligibility criteria on the NSE. Going forward, only 157 scrips will remain in the F&O list from 208 at present.
* Last Thursday, Tulip Telecom witnessed a scary free fall of almost 95% in a single trading session. Although the company has clarified that its business operations are in order, investors should wait and watch and avoid buying at current levels.
* In the current market sentiment, investors should adopt a cautious approach and make staggered buying in scrips like BEML, Escorts, Monsanto India, Torrent Power etc.
* Last week, a major fire broke out at the Kadi (Gujarat) plant of Hitachi Home & Life Solutions. Scrip may correct 30- 40% from the current level in the near future. Exit immediately.
* Reliance Power’s Rosa plant in Uttar Pradesh is now operational. The combined capacity of phase I & II is around 1200 MW (600 MW each). Its coal based 600 MW Butibori Power Project in Maharashtra, has also been synchronized and is expected to go on-stream anytime from now. Many marketmen project a price target of Rs.114-155 for the scrip.
* Tata Power, Reliance Power and KSK Energy Ventures will benefit by the price pooling of imported and domestic coal supplies by Coal India to power companies.
* Some marketmen have given Rs.32-37 as the next target for Vijay Shanthi Builders, which was on the verge of hitting 2nd consecutive buyer freeze on Friday.
* Many analysts are bullish on Anant Raj Industries in view of it developing its 160 acres land at Gurgaon and bookings worth Rs.500 crore.
* An Ahmedabad based technical analyst forecasts a breakout in Jyoti Structures, Gulshan Polyols, Thinksoft and Shreyas Shipping Logistics.

NIFTY LEVELS - INTRADAY TREND ANALYSIS FOR JULY 30 - MONDAY

Nifty closed on a bull note at 5099. So today the first resistance for nifty is at 5127-31 level. Next resistance ranges are at 5147-51,5169-73,5188-91,5207-11,5248-53,5273-77,5291-96,5334-39,5363-68,5398-03,5422-27,5449-54,5468-73 levels. On downside first support is at 5070-66 level. Next supports are at 5045-40,5015-10,4991-86,4968-66,4950-45,4925-20,4894-90,4867-62,4845-40,4815-10,4795-91,4768-65,4750-45,4700-95,4680-75 level.So today below 5066 be alert as more selling to follow below 5040 level and on upside intra resistance will be felt at 5231 and 5173 level

NIFTY LEVELS - INTRADAY TREND ANALYSIS FOR JULY 27 - FRIDAY

Nifty closed on a bear note at 5043. So today the first resistance for nifty is at 5066-70 level. Next resistance ranges are at 5097-02,5115-19,5138-43,5158-61,5188-93,5210-15,5245-50,5263-67,5291-96,5334-39,5363-68,5398-03,5422-27,5449-54,5468-73 levels. On downside first support is at 5020-15 level. Next supports are at 4991-85,,4950-45,4925-20,4894-90,4867-62,4845-40,4815-10,4795-91,4768-65,4750-45,4700-95,4680-75 level.So today below 5015 be alert as more selling to follow below 4985 level and on upside intra resistance will be felt at 5070 and 5103 level.

NIFTY LEVELS - INTRADAY TREND ANALYSIS FOR JULY 26 - THURSDAY

Nifty closed on a slight bear note at 5109. So today the first resistance for nifty is at 5135-39 level. Next resistance ranges are at 5156-61,5188-93,5215-18,5245-50,5263-67,5291-96,5334-39,5363-68,5398-03,5422-27,5449-54,5468-73 levels. On downside first support is at 5085-80 level. Next supports are at 5063-58,5040-35,5020-15,4985-80,4958-53,4917-12,4894-90,4867-62,4845-40,4815-10,4795-91,4768-65,4750-45,4700-95,4680-75 level.So today below 5080 be alert and below 5058 stay away from longs and on upside covering hope remains only above 5161 level . Positional Support for NIFTY 5093 5089 5082 and positional Resistance for NIFTY is 5124 5155 5167 5197 5227 5240 .
Oscillator Analysis The oscillator is showing SELL signal Short Term Oscillator Analysis- and NIFTY in oversold region.

STOCKS WILL BE REMOVED FROM F&O SEGMENT FROM OCTOBER

Following is the complete list of stocks to exit the derivative segment  from october series.

Company	Close	% Chg
Educomp Sol	153.8	-9.58
Lanco Infratech	12.85	-8.54
Sterlite Techno	31.25	-6.72
JSW ISPAT Steel	10.2	-6.42
S Kumars Nation	29.65	-5.72
SREI Infra	20.35	-5.57
Jet Airways	327.1	-5.56
Praj Industries	52.9	-5.11
Hind Constr	17.45	-4.9
Orchid Chemical	118.95	-4.76
DCB	41.1	-4.75
Delta Corp	58.25	-4.74
Balrampur Chini	59.5	-4.49
TataTeleservice	13.05	-4.4
Bajaj Hind	33.6	-4.27
Essar Oil	51.9	-3.89
Ruchi Soya	81.8	-3.82
BEML	337.7	-3.75
India Infoline	52.25	-3.33
Escorts	62.8	-3.24
BF Utilities	429.9	-3.22
Patel Eng	85.7	-3.05
MRPL	56.7	-2.91
VIP Industries	77.6	-2.82
TVS Motor	37.95	-2.69
BGR Energy	283.4	-2.65
Aban Offshore	381.9	-2.54
CORE Education	283.5	-2.26
Rolta	71.7	-2.12
Hind Oil Explor	114.95	-2.09
Bombay Dyeing	507.95	-2.03
OnMobile Global	37.9	-1.94
Tata Coffee	928.75	-1.74
Bharat Elec	1257.5	-1.7
Max India	179.05	-1.62
Fortis Health	96.9	-1.37
Jindal Saw	126.4	-1.33
Guj Mineral	184.65	-1.28
TTK Prestige	3432.05	-1.2
Videocon Indust	167.9	-0.91
Oil India	500.1	-0.9
ALSTOM India	377.1	-0.8
Sobha Developer	337.6	-0.52
Indian Bank	190.5	-0.16
Bosch	8703.25	-0.12
Cummins	432.7	0.59
GE Shipping	261.05	0.64
Bajaj Holdings	755.85	0.73
GlaxoSmithKline	2147	1.71
Polaris Tech	118.6	4.22
MTNL	26.8	4.28

SHORT TERM BUY CALL - AURO PHARMA

Aurobindo Pharma

BSE: 524804    NSE: AUROPHARMA    CMP: 108.00  Buy auro pharma around 108.00 levels for a short term target of 116.00 witha stoploss of  104.00

SHORT TERM BUY CALL - ONMOBILE GLOBAL

OnMobile Global

BSE: 532944   NSE: ONMOBILE   CMP: 38.65 . Buy onmobile global around 38.00 levels for a short term one month target of 43.50 with a strict stoploss of 35.00

NIFTY LEVELS - INTRADAY TREND ANALYSIS FOR JULY 25- WEDNESDAY

Nifty closed on a slight bull note at 5128. So today the first resistance for nifty is at 5157-62 level. Next resistance ranges are at 5175-80,5193-01,5215-18,5245-50,5263-67,5291-96,5334-39,5363-68,5398-03,5422-27,5449-54,5468-73 levels. On downside first support is at 5105-00 level. Next supports are at 5087-85,5069-63,5040-35,5020-15,4985-80,4958-53,4917-12,4894-90,4867-62,4845-40,4815-10,4795-91,4768-65,4750-45,4700-95,4680-75 level.So today below 5085 better stay away from longs and on upside above 5175 we expect some covering that may push market slightly up.

NIFTY LEVELS - INTRADAY TREND ANALYSIS FOR JULY 24 - TUESDAY

Nifty closed on a strong bear note at 5117. So today the first resistance for nifty is at 5145-50 level. Next resistance ranges are at 5171-76,5198-03,5215-18,5245-50,5263-67,5291-96,5334-39,5363-68,5398-03,5422-27,5449-54,5468-73 levels. On downside first support is at 5093-88 level. Next supports are at 5064-60,5040-35,5020-15,4985-80,4958-53,4917-12,4894-90,4867-62,4845-40,4815-10,4795-91,4768-65,4750-45,4700-95,4680-75 level.So today below 5088 trend is weak and below 5060 selling will intensify and on upside covering hopes is only above 5176 level

STOCK RECOMMENDATION - AUSTIN ENGINEERING

Austin Engineering Company

BSE: 522005  CMP: 72.00

Austin Engineering  is one of the safest bets in the current market with only a nominal risk of any major downfall. It has been a steady performer as far as its business is concerned. It has been consistently reporting a PAT of Rs.6-7 crore over the last 5 years even during a recession period. It has an excellent track record being a profit making company with good accumulated profits and has a sound business model. It is in this line of business for over three decades and enjoys a reputed brand name in the market. It has a wide marketing network with an established customer base. Its manufacturing plant in Patla, Gujarat, is built over 350,000 sq ft and manufactures over 3 million bearings. It has an employee strength of over 650 people. Despite being small in size, it claims to have the widest range of bearings, weighing from 50 gms to over 500 kgs in over 4000 variants. It is among a handful of customized bearing manufacturers worldwide producing bearings of 1800 mm diameter. The majority of its products are import substitutes. In fact being a quality producer, it exports to high-end markets like the USA & Europe. It has even incorporated a 100% subsidiary in the USA that acts as a marketing front. Historically, it has always been generating positive cash flows from operating activities. It has been paying dividend regularly since last seven years and declared 25% dividend for FY12. It is trading cum-dividend offering a yield of over 3% at CMP. Although the management has brought the company to this level, there are challenges to take it forward or to the next orbit because of which it may emerge as a strong takeover candidate. The stock is trading at good 40% discount to its book value of approx. Rs.128. The
valuation gap between other bearing manufacturers and this company is quite huge. For FY12, it reported a PAT of Rs.6.4 crore on total income of Rs.102 crore. At the current market cap of Rs.25 crore it is available at a P/E multiple of less than 4. Fundamentally, it’s a pure buy.

STOCKS IN THE NEWS FOR THE WEEK

* At one time commanding a market cap of over Rs.500 crore, Surya Pharma is available at merely Rs.40 crore. But don’t get tempted to buy this scrip.
* Although an MNC, Moser Baer is highly over leveraged and reporting huge losses. Share price may not appreciate in near future. Stay away from the counter.
* With a PAT of Rs.15 crore and market cap of Rs.1600 crore, Den Networks is grossly over-valued. Best time to book profit.
* Anjani Portland is doing well and has posted excellent results for March 2012 quarter. Investors can buy at the current market cap of Rs.55 crore for medium-to-long-term gains.
* Hyderabad Industries share jumped on account of robust Q1FY13 results yielding an EPS of Rs.43. Its FY13 EPS is projected to advance to Rs.100 and the share is poised to touch the Rs.700 mark.
* Morganite India, the UK based 75% subsidiary is poised to report an EPS of about Rs.45 in FY13 and this MNC may reward shareholders with free shares. Circles close to the management is quietly acquiring shares.
* Sarla Performance Fibres is expected to announce an EPS of Rs.30 in FY13. Analysts tracking the share expect a share price of Rs.150 in the medium-term.
* TT Ltd, the makers of hosiery and branded products, is doing well in the current year. With a likely EPS of Rs.10, the share may cross the Rs.40 mark.
* Shilpi Cable Technologies will come out with a robust Q1FY13 results with a likely EPS of Rs.12 in FY13.
Knowledgeable sources project a share price of Rs.30 in the near future.
* Pochiraju Industries engaged in floriculture is setting up a biopharma plant to be completed by FY13. It may post an EPS of Rs.11 in FY13 and Rs.14 in FY14. Persons in the know expect a share price of Rs.30 going forward.
* An Ahmedabad based technical analyst  forecasts a breakout in Avon Organics, Jyoti Structures, Kanpur Plastipack and Shreyas Shipping Logistics.

NIFTY LEVELS - INTRADAY TREND ANALYSIS FOR JULY 23 - MONDAY

Nifty closed on a bear note at 5205. So today the first resistance for nifty is at 5225-30 level. Next resistance ranges are at 5245-50,5263-67,5291-96,5334-39,5363-68,5398-03,5422-27,5449-54,5468-73 levels. On downside first support is at 5180-77 level. Next supports are at 5164-59,5133-28,5114-09, 5094-91,5074-71,5054-49,5035-32,5014-09,4984-79,4958-53,4917-12,4894-90,4867-62,4845-40,4815-10,4795-91,4768-65,4750-45,4700-95,4680-75 level.So today upward resistance will be felt at 5247 and 5267 level and on downside if nifty is again below 5159 be very alert and better stay away from long side.

SHORT TERM BUY CALL - KILBURN CHEMICALS

KilburnChemicals

BSE: 524699   CMP: 27.00. Buy kilburn chemicals around 27.00 and below levels for a short term target of 33.50 with a stoploss of 23.00

NIFTY LEVELS - INTRADAY TREND ANALYSIS FOR JULY - 20 FRIDAY

Nifty closed on a slight bull note at 5242. So today the first resistance for nifty is at 5260-65 level. Next resistance ranges are at 5282-86,5302-05,5334-39,5363-68,5398-03,5422-27,5449-54,5468-73 levels. On downside first support is at 5224-19 level. Next supports are at 5205-00,5187-84,5168-64,5150-47,5134-30,5114-09, 5094-91,5074-71,5054-49,5035-32,5014-09,4984-79,4958-53,4917-12,4894-90,4867-62,4845-40,4815-10,4795-91,4768-65,4750-45,4700-95,4680-75 level.So today upward resistance will be felt at 5265 and 5305 level and on downside if nifty is again below 5200 be very alert and better stay away from long side

SHORT TERM TARGET REACHED - ARSS INFRA

buy call given in arss infra on july 01 at 45.00 for short term target of 52.50. stock reached 44.50yesterday and closed above 43.00. short term traders can exit and others can hold for next target of 70.00

NIFTY LEVELS - INTRADAY TREND ANALYSIS FOR JULY - 19 THURSDAY

Nifty closed on a slight bull note at 5216. So today the first resistance for nifty is at 5240-45 level. Next resistance ranges are at 5265-70,5294-99,5325-30,5347-50,5363-68,5400-05,5422-27,5449-54,5468-73 levels. On downside first support is at 5187-84 level. Next supports are at 5166-61,5144-39,5114-09, 5094-91,5074-71,5054-49,5035-32,5014-09,4984-79,4958-53,4917-12,4894-90,4867-62,4845-40,4815-10,4795-91,4768-65,4750-45,4700-95,4680-75 level.So today upward resistance will be felt at 5245 and 5270 level and on downside if nifty is again below 5161 be very alert and better stay away from long side.

SHORT TERM BUY - JAYSHREE TEA

Jayshree Tea and Industries

BSE: 509715   NSE: JAYSREETEA   CMP: 89.00  buy jayshree tea around 89.00 for a short term target of 102.50 with  stoploss of 84.00

NIFTY LEVELS - INTRADAY TREND ANALYSIS FOR JULY - 18 WEDNESDAY

Nifty closed on a very slight bear note at 5192. So today the first resistance for nifty is at 5220-25 level. Next resistance ranges are at 5240-45,5260-65,5291-96,5325-30,5347-50,5363-68,5400-05,5422-27,5449-54,5468-73 levels. On downside first support is at 5167-62 level. Next supports are at 5137-32,5117-14, 5094-91,5074-71,5054-49,5035-32,5014-09,4984-79,4958-53,4917-12,4894-90,4867-62,4845-40,4815-10,4795-91,4768-65,4750-45,4700-95,4680-75 level.So today if nifty is below 5162 be alert and below 5132 avoid all longs and on upside intra resisrance are at 5225 and 5265 level

NIFTY LEVELS - INTRADAY TREND ANALYSIS FOR JULY - 17 TUESDAY

Nifty closed on a t bear note at 5197. So today the first resistance for nifty is at 5225-29 level. Next resistance ranges are at 5247-52,5264-68,5294-99,5325-30,5347-50,5363-68,5400-05,5422-27,5449-54,5468-73 levels. On downside first support is at 5180-76 level. Next supports are at 5164-59,5140-35, 5096-91,5074-71,5054-49,5035-32,5014-09,4984-79,4958-53,4917-12,4894-90,4867-62,4845-40,4815-10,4795-91,4768-65,4750-45,4700-95,4680-75 level.So today if nifty is below 5176 be alert and below 5159 avoid all longs and on upside intra resisrance are at 5229 and 5252 level.

STOCK RECOMMENDATION - SUBROS

Subros

BSE: 517168  NSE: SUBROS   CMP: 35.00

Subros Ltd. is looking extremely bullish on charts and has recently witnessed some serious buying with huge volumes. Scrip can further shoot up 20-30% in the short-term. For Q4FY12, it reported a huge profit on sale of immovable property but even fundamentally the company is doing well. Backed by the support from Denso Corporation, Japan as a technical collaborator and Suzuki Motor Corporation, Japan as a customer partner, it is India's No.1 automotive air conditioning company commanding 40% market share. It is the largest and only integrated manufacturer in India with capacity of 15 lakh AC units per annum. Its product range spans across auto airconditioning and engine cooling systems for passenger as well as commercial vehicles. Lately, the company has ventured into railway air conditioning systems and has chalked out a Rs.140 crore expansion of its manufacturing capacity by 5 lakh units by end FY13 to take its total installed capacity to 20 lakh units per year. To maintain its growth momentum, the company is setting up a new facility with an initial installed capacity of 2 lakh AC units in the vendor park area of Tata Motors at Sanand in Gujarat to cater the production requirements of the low cost car ‘Nano’. On the other hand, to increase its market share in south India, it is putting up a new automotive AC unit in Chennai as well. Additionally, it intends to expand the production capacities of its existing three facilities in Noida, Manesar and Pune. Recently, the company commenced in-house production of Evaporators, which were being imported till now this will reduce the overall cost of production of its AC units. Meanwhile its overseas subsidiary, which caters to Tata Motors’ Thailand operation has now turned profitable unit and will start contributing to the consolidated bottomline. For FY12, it posted a turnover of Rs.1156 crore with operating profit of Rs.97 crore. Due to increase in depreciation and interest cost, it posted a PAT of Rs.48 crore including Rs.29 crore exceptional profit on sale of immovable profit. Hold on to your position.

STOCKS IN THE NEWS FOR THE WEEK

* IT sector is swinging with the fortunes of TCS and Infosys. Market believes Infosys management has underplayed the guidance and the scrip is bound to recoup its losses soon.
* Multi-brand Retail FDI is on the way and organized retail scrips are likely to move upwards in coming weeks.
* RBI may not cut interest rates on 31st July but still bank shares will show recovery. Buy Banking Nifty.
* Bliss GVS has appreciated by almost 50% in last 10 sessions on acquiring 70% stake in Kremoint Pharma. Scrip may consolidate and rise further. Hold on to your position.
* Shanthi Gears has shot up with huge volumes on news of takeover by Tube Investments of the Murugappa Group. Further upside likely as it nears the offer price of Rs.81.
* In the last one month, V-Guard Industries has shot up dramatically without any fundamental change. Exit now and stay away from the counter.
* Atul Ltd. is looking extremely strong on the charts and has been consistently moving up. Don’t get temped to book profits as scrip may continue its upward journey.
* G.M. Breweries is expected to post an EPS of Rs.20 if Q1FY13 results are anything to go by. The share is expected to touch Rs.120 mark.
* R.S. Software may post an EPS of Rs.35-40 in FY13 as the company posted EPS of Rs.8 in Q1FY13. Analysts project a share price of Rs.150 in 6-9 months.
* An analyst strongly recommends Lloyd Electric for decent gains as it is likely to post an EPS of Rs.14 in FY13.
* Circles close to the management of AGC Networks (Formerly Avaya Global) expect it to register an EPS of Rs.60+. The share is poised to touch the Rs.400 mark.
* TCPL Packaging posted cash earning per share (CPS) of Rs.30 in FY12. Some HNIs have bought a large chunk of shares.
* Yuken India, an affiliate of Japanese Kogyo, posted an EPS of Rs.36 in FY12. Insiders expect an EPS of Rs.45 in FY13 based on the expansion. The share could touch the Rs.400 mark and may even surprise with bonus shares.
* An Ahmedabad based technical analyst forecasts a breakout in Gulshan Polyols, Hindustan Hardy and N. G.
Industries.

NIFTY LEVELS - INTRADAY TREND ANALYSIS FOR JULY - 16 MONDAY

Nifty closed on a slight bear note at 5227. So today the first resistance for nifty is at 5254-58 level. Next resistance ranges are at 5275-79,5292-00,5325-30,5347-50,5363-68,5400-05,5422-27,5449-54,5468-73 levels. On downside first support is at 5200-95 level. Next supports are at 5180-75,5153-49, 5135-30,5096-91,5074-71,5054-49,5035-32,5014-09,4984-79,4958-53,4917-12,4894-90,4867-62,4845-40,4815-10,4795-91,4768-65,4750-45,4700-95,4680-75 level.So today if nifty is below 5200 be alert and below 5175 avoid all longs and on upside buy signal is only above 5279 level.Positional Support for NIFTY 5182 5163 5092 5084 5082 5054 and positional Resistance for NIFTY is 5257 5301 .

SHORT TERM BUY - COX & KINGS

Cox & Kings

BSE: 533144 NSE: COX&KINGS   CMP: 135.00 Buy cox&kings around 135.00 for a short term one to two months target of  150.00 with a stoploss of 128.00

SHORT TERM BUY - AXIS IT& T

AXIS IT&T

BSE: 532395   NSE: AXIS-IT&T   CMP: 82.00 Buy axis IT&T  around 82.00 for a short term one month  target of 93.50 with stoploss of  78.00

NIFTY LEVELS - INTRADAY TREND ANALYSIS FOR 13TH JULY - FRIDAY

Nifty closed on a bear note at 5235. So today the first resistance for nifty is at 5260-64 level. Next resistance ranges are at 5283-88,5310-15,5327-30,5344-49,5365-68,5400-05,5422-27,5449-54,5468-73 levels. On downside first support is at 5212-08 level. Next supports are at 5190-86,5165-60,5145-40, 5125-20,5096-91,5074-71,5054-49,5035-32,5014-09,4984-79,4958-53,4917-12,4894-90,4867-62,4845-40,4815-10,4795-91,4768-65,4750-45,4700-95,4680-75 level.The trend had slipped and today if nifty is below 5180 be very alert and avoid longs and on upside if nifty again goes above 5288 then we can expect some recovery.
Positional Support for NIFTY 5175 5166 5092 5081 5076 5051 and positional Resistance for NIFTY is 5252 5306 .
Oscillator Analysis NIFTY is now trading in overbought level. The oscillator is showing SELL signalShort Term Oscillator Analysis- and NIFTY in oversold region.

SHORT TERM BUY - CENTURY ENKA

Century Enka

BSE: 500280  NSE: CENTENKA   CMP: 121.00 Buy century enka around 120.00 and below levels for  a short term target of 136.00. a good buy for long term also.

NIFTY LEVELS - INTRADAY TREND ANALYSIS FOR 12TH JULY - THURSDAY

Nifty closed on a bear note at 5306. So today the first resistance for nifty is at 5327-31 level. Next resistance ranges are at 5347-51,5365-68,5400-05,5422-27,5449-54,5468-73 levels. On downside first support is at 5283-79 level. Next supports are at 5263-58,5233-30,5219-16,5197-92,5174-69,5148-45, 5120-15,5092-88,5074-71,5054-49,5035-32,5014-09,4984-79,4958-53,4917-12,4894-90,4867-62,4845-40,4815-10,4795-91,4768-65,4750-45,4700-95,4680-75 level.The trend seems to be on bull side but be alert below 5260.So today the main hurdle on upside are at 5331 and 5368 level and on downside if nifty is below 5260 be alert and better stay away from long side.Positional Support for NIFTY 5276 5227 5170 5168 5092 5079 5066 5050 and positional Immediate resistance for NIFTY is 5360.
Oscillator AnalysisThe oscillator is showing BUY signal but be cautious on NIFTY since NIFTY is trading in overbought level.Short Term Oscillator Analysis- and NIFTY in oversold region.

SHORT TERM BUY - BF UTILITIES

BF Utilities

BSE: 532430 NSE: BFUTILITIE   CMP:479.00  buy bf utilities around 475.00 - 480.00 range for a short term one month target of 520.00 with a stoploss of 460.00

NIFTY LEVELS - INTRADAY TREND ANALYSIS FOR 11TH JULY - WEDNESDAY

Nifty closed on a bull note at 5345. So today the first resistance for nifty is at 5363-68 level. Next resistance ranges are at 5385-88,5400-05,5422-27,5449-54,5468-73 levels. On downside first support is at 5325-21 level. Next supports are at 5304-01,5284-79,5268-63,5222-17,5197-92,5168-63,5148-45, 5120-15,5092-88,5074-71,5054-49,5035-32,5014-09,4984-79,4958-53,4917-12,4894-90,4867-62,4845-40,4815-10,4795-91,4768-65,4750-45,4700-95,4680-75 level.The trend seems to be on bull side.So today the main hurdle on upside are at 5368 and 5405 level and on downside if nifty is below 5301 be alert and better stay away from long side.
Positional Support for NIFTY 5259 5215 5172 5156 5091 5076 5055 5049 and positional Immediate resistance for NIFTY is 5360.
Oscillator AnalysisThe oscillator is showing BUY signal but be cautious on NIFTY since NIFTY is trading in overbought level.Short Term Oscillator Analysis- and NIFTY in oversold region.

NIFTY LEVELS - INTRADAY TREND ANALYSIS FOR 10TH JULY - TUESDAY

Nifty closed slightly down at 5275. So today the first resistance for nifty is at 5290-93 level. Next resistance ranges are at 5307-12,5330-35,5360-65,5400-05,5449-54,5468-72 levels. On downside first support is at 5245-40 level. Next supports are at 5220-15,5197-92,5168-63,5148-45, 5120-15,5092-88,5074-71,5054-49,5035-32,5014-09,4984-79,4958-53,4917-12,4894-90,4867-62,4845-40,4815-10,4795-91,4768-65,4750-45,4700-95,4680-75 level.So today the main hurdle on upside are at 5312 and 5335 level and on downside if nifty is below 5240 be alert and better stay away from long side. Positional Support for NIFTY 5238 5199 5174 5136 5089 5074 5047 5045 and positional Immediate resistance for NIFTY is 5345.
Oscillator AnalysisThe oscillator is showing BUY signal but be cautious on NIFTY since NIFTY is trading in overbought level.Short Term Oscillator Analysis- and NIFTY in oversold region.

SHORT TERM BUY - HIMADRI CHEM

Himadri Chemicals and Industries

BSE: 500184  NSE: HCIL   CMP: 35.00  buy himadri chemicals around 35.00 levels for a short term target of 42.50 with a stoploss of  31.00

STOCKS IN THE NEWS FOR THE WEEK

* Relaxo Footwear has reported exceptionally high profits for Q4FY12. But at a market cap of Rs.650 crore, it’s fairly overvalued. Book profits now and wait for its Q1FY13 result.
* Ankur Drugs has been hitting upper circuits after a dramatic fall. Retail investors should not get tempted and should stay away from the counter.
* In the current market sentiment, Birla Corporation may see a sharp recovery and shoot up 20-30% in the near future. Traders can go long for the short-term.
* As per reliable sources, GEI Industrial is expected to announce encouraging set of results for Q1FY13. Buy before the numbers are out.
* Haldyn Glass, which posted a FY12 EPS of Rs.4.5, is likely to enhance its EPS to Rs.5.5-6.0 in FY13. The share at a forward P/E of 3.2 is likely to touch Rs.30 mark in the medium-term.
* The counter of Yuken India has attracted sizable investment buying. With a likely EPS of Rs.42 in FY13, the share is poised to touch the Rs.300 mark.
* Operators have evinced a keen interest in Shilpi Cable Tech. The company is faring well and may achieve an EPS of Rs.10 in FY13. The share is going cheap at a forward P/E of just 2.
* The share of Parekh Aluminex is an excellent buy at every dip as it posted an EPS of Rs.66 and may post a higher EPS of Rs.75 in FY13.
* Hyderabad Industries is expected to reward shareholders with free shares. It is all set to post an EPS of Rs.90-95 in FY13, which will take the book value of its share to Rs.450 mark.
* The share of Hind Rectifiers can be bought for decent gains in the medium-term as the company is expected to garner an EPS of Rs.10 (FV Rs.2) in FY13. It is also a strong bonus contender.
* An Ahmedabad based technical analyst forecasts a breakout in Avon Organics, Jyoti Structures, Kanpur Plastipack, Kalpataru Power and Solimac, Shreyans Shipping.

NIFTY LEVELS - INTRADAY TREND ANALYSIS FOR 9TH JULY - MONDAY

Nifty closed slightly down at 5316. So today the first resistance for nifty is at 5339-44 level. Next resistance ranges are at 5362-66,5400-05,5449-54,5468-72 levels. On downside first support is at 5297-92 level. Next supports are at 5276-72,5258-54,5225-20,5201-97,5168-63,5148-45, 5120-15,5092-88,5074-71,5054-49,5035-32,5014-09,4984-79,4958-53,4917-12,4894-90,4867-62,4845-40,4815-10,4795-91,4768-65,4750-45,4700-95,4680-75 level.So today the main hurdle on upside are at 5344,5366 and 5405 level and on downside if nifty is below 5272 be alert and better stay away from long side. Have a look at weekly trend.
Positional Support for NIFTY 5222 5185 5177 5119 5089 5074 5046 5036 and positional Immediate resistance for NIFTY is 5345.
Oscillator AnalysisThe oscillator is showing BUY signal but be cautious on NIFTY since NIFTY is trading in overbought level.Short Term Oscillator Analysis- and NIFTY in oversold region.

GOOD LONG TERM BUY - JVL AGRO

JVL Agro Industries

BSE: 519248    NSE: JVLAGRO   CMP: 15.70   Buy jvl agro industries at 15.00 levels for a long term target of 33.00 in one to two years. a highly undervalued stock with good fundamentals.

SHORT TERM BUY CALL - HERITAGE FOODS

Heritage Foods (India)

BSE: 519552  NSE: HERITGFOOD  CMP: 154.00   Buy heritage foods around 154.00and below levels for a short term target of 168.00 with stoploss of 149.00. also can hold for long term for target of 224.00 .

NIFTY LEVELS - INTRADAY TREND ANALYSIS FOR JULY 05- THURSDAY

 Nifty closed slightly up at 5302. So today the first resistance for nifty is at 5324-29 level. Next resistance ranges are at 5349-54,5365-68,5387-90,5405-08,5442-47 levels. On downside first support is at 5280-76 level. Next supports are at 5261-57,5242-38,5223-18,5201-97,5152-47, 5120-15,5092-88,5074-71,5054-49,5035-32,5014-09,4984-79,4958-53,4917-12,4894-90,4867-62,4845-40,4815-10,4795-91,4768-65,4750-45,4700-95,4680-75 level.So today if below 5256 be alert and on upside main resistance are at 5368 and 5405 level. Have a look at weekly trend.
Positional Support for NIFTY 5189 5178 5155 5089 5084 5071 5041 5017 and positional Immediate resistance for NIFTY is 5329.
Oscillator AnalysisThe oscillator is showing BUY signal but be cautious on NIFTY since NIFTY is trading in overbought level.Short Term Oscillator Analysis- and NIFTY in oversold region.

MEDIUM TERM BUY CALL - GLOBUS SPIRITS

Globus Spirits

BSE: 533104  NSE: GLOBUSSPR  CMP: 95.00. Buy globus spirits for a medium term four to five months target of 120.00.also buy for long term for a one year target of 150.00

SHORT TERM BUY CALL - FKONCO

Fresenius Kabi Oncology

BSE: 532545 NSE: FKONCO  CMP: 88.50  Buy fkonco around 87.00 levels for a short term one month target of 100.00 with a strict stoploss of 83.00.

NIFTY LEVELS - INTRADAY TREND ANALYSIS FOR JULY 04 - WEDNESDAY

Nifty closed slightly up at 5287. So today the first resistance for nifty is at 5310-15 level. Next resistance ranges are at 5340-45,5365-68,5383-85,5402-06,5432-36,5452-55 levels. On downside first support is at 5257-54 level. Next supports are at 5233-28,5194-89,5150-45, 5120-15,5092-88,5074-71,5054-49,5035-32,5014-09,4984-79,4958-53,4917-12,4894-90,4867-62,4845-40,4815-10,4795-91,4768-65,4750-45,4700-95,4680-75 level.So today if below 5254 be alert and below 5228 Sellers may take the advantage and on upside above 5320 we expect some bullishness Have a look at weekly trend.
Positional Support for NIFTY 5179 5170 5142 5090 5070 5039 5009 and positional Immediate resistance for NIFTY is 5328.
Oscillator AnalysisThe oscillator is showing BUY signal but be cautious on NIFTY since NIFTY is trading in overbought level.Short Term Oscillator Analysis- and NIFTY in oversold region

SHORT TERM BUY CALL - JAIN IRRIGATION

Jain Irrigation Systems

BSE: 500219  NSE: JISLJALEQSCMP   85.00   Buy jain irrigation systems around 84.00 - 85.00 levels for a short term target of 98.00 with a stoploss of 81.50

NIFTY LEVELS - INTRADAY TREND ANALYSIS FOR JULY 03 - TUESDAY

Nifty closed unchanged at 5278. So today the first resistance for nifty is at 5295-00 level. Next resistance ranges are at 5316-21,5336-39,5366-71,5401-06,5425-30,5447-51 levels. On downside first support is at 5257-54 level. Next supports are at 5236-31,5207-04,5192-87,5160-55,5140-35, 5119-15,5092-88,5074-71,5054-49,5035-32,5014-09,4984-79,4958-53,4917-12,4894-90,4867-62,4845-40,4815-10,4795-91,4768-65,4750-45,4700-95,4680-75 level.So today if nifty is above 5300 it is a good sign and 5322 trend is strong and on downside be alert below 5231 level. Have a look at weekly trend.
Positional Support for NIFTY 5180 5152 5131 5090 5069 5058 5037 5002 and positional Immediate resistance for NIFTY is 5313.
Oscillator Analysis NIFTY is now trading in overbought level. The oscillator is showing SELL signalShort Term Oscillator Analysis- and NIFTY in oversold region.

SHORT TERM BUY CALL - ARSS INFRA

ARSS Infrastructure Projects

BSE: 533163  NSE: ARSSINFRA  CMP: 46.00  Buy arss infra around 45.00 to 46.00 levels for a short term target of 52.50 and medium term 8 months target of 70.00 with a stoploss of 42.00

SHORT TERM BUY CALL - UFLEX

Uflex

BSE: 500148  NSE: UFLEX  CMP: 110.00 Buy uflex around 110.00 levels for a very short term one month target of 126.00 with a stoploss of 106.00.

STOCK RECOMMENDATION - KALPATARU POWER

Kalpataru Power Transmission

BSE: 522287   NSE: KALPATPOWR  CMP: 83.00 
The share price of Kalpataru Power (Code: 522287) (Rs.83.15) has fallen considerably in the last 2-3 months and hit a new 52-week low of Rs.75. This is a good opportunity for long-term investors to buy at current levels and accumulate more at declines. The company has bagged two big orders worth Rs.660 crore on Friday, 29 June 2012, of which one is from Thailand for Rs.280 crore The company is one of India's largest engineering, procurement and construction (EPS) companies that provide integrated services to the power transmission & distribution industry. It has successfully established a pan India presence, which is complemented by its international presence in 31 countries across the globe. It is primarily engaged in design, testing, fabrication, galvanizing, erection & construction of towers up to 1200 kV, transmission lines and substation structures on a turnkey basis. Its manufacturing facility in Gandhinagar, Gujarat, has an installed capacity of 108,000 metric tonnes. The facility is also equipped with a tower testing centre, which is ranked as one of the largest across the globe. Besides, the company executes EPC projects for laying cross country gas & oil pipelines and city gas distribution network. With the recent completion of 544 km pipe-laying work for the Mundra - Bhatinda project, it can boast of completion of 2,200 kms of pipe laying work for almost all the oil & gas utilities of India, within a short span of 5 years. Moreover, the company has interest in biomass energy generation, civil construction, logistics & warehousing and real estate development through its several subsidiary companies. In 2010, it ventured into the railway business offering services of laying new railways lines, metro railways, private railway sidings, dual gauging, signalling & telecommunications, OHE & general electric works. In FY11, it achieved a major breakthrough in railway EPC work by winning 5 projects under joint ventures, including one international project. To maintain the growth momentum, it has planned a greenfield expansion of 30,000 MT at Raipur in Chhattisgarh, which will enhance its tower manufacturing capacity to 1,38,000 TPA. In FY12, the company and its subsidiaries achieved significant success in winning projects under the PPP model and presently have a portfolio of three Build Own Operate Transfer (BOOT) projects - one in transmission and two in roads. It has also increased its stake to 67.19% in JMC Projects through preferential allotment and open offer. As on 31 March 2012, its consolidated order book stood at Rs.11,600 crore of which Rs.6,100 crore is its standalone order and the rest is of JMC Projects. For FY12, its consolidated revenue rose by 22% to Rs.5,308 crore whereas PAT was almost flat at Rs.204 crore posting an EPS of over Rs.13 on its equity of Rs.30.70 crore having face value of Rs.2 per share. At the current market cap of Rs.1300 crore, it is trading at a P/E multiple of 6.3, which is fairly cheap. Its share price can appreciate 50% within a year.

STOCKS IN THE NEWS FOR THE WEEK - JULY 2 - 2012

 * Optimists see the benchmarks rising by 10% to 15% in a couple of months, it‟s time to get into index heavyweights like Reliance, ITC, HUL, and Infosys, which will be raising the toast of „teji‟.

 * Mutual fund asset management companies are pressurising SEBI to get the commission structure in place so that sure and steady flow of funds is maintained.

 * An eminent investment banker and leading merchant banker is very, very bullish on PSU counters and his confidence is beginning to show.

 * Realty stocks seem to have bottomed out and are paving the way for a smart rise in coming days. HNIs are picking up Unitech, Kolte Patil, and other midcap stocks

. * Tech sector midcaps will gain the maximum and run the farthest rather than the likes of INFY, TCS and Wipro.

 * L&T is a stock fancied by MOSL and it foresees it to rise to Rs.1700+.

 * The broking fraternity is diversifying into marketing real estate thanks to the falling volumes in equity and Futures & Options. The latest to join the real estate marketing is Kotak Mahindra. 

* Sharad Pawar's heading the Spectrum EGOM brings relief to the telecom companies. His pragmatic approach is welcome by all.
* At the current market cap of Rs.100 crore, Sanghvi Forging is grossly overvalued. Book profits and shift to Simplex Castings.

 * Balaji Telefilms is looking extremely bullish on charts. Some serious accumulation has taken place last week. Scrip may continue its upward march.

 * Government is contemplating to divest partial stake in Engineers India. Scrip may see a vertical rise if that actually happens. Keep a close track.

 * Tata Steel has made an open offer to acquire 11% additional stake in Tata Sponge at Rs.375 per share. Book profits now and stay away from the counter for the time being.

 * ARSS Infrastructure, which has restructured its debts, is expected to post a better Q1FY13 than Q4FY23. The share is a good buy around Rs.45 level.

 * An Ahmedabad based technical analyst forecasts a breakout in Banking stocks, Infrastructure stocks, Control Print, IFCI, Kilburn Chemicals, Liberty Phosphate and Solimac.