STOCKS IN THE NEWS FOR THE WEEK

* Partial refarming of telecom spectrum will benefit Bharti Airtel, Idea Cellular and RCom.
* The high percentage of participatory notes (PNs) in the total FII trading volumes means that PN is no longer a bad word that arouses the suspicion of the authorities.
* Jayalalitha clears 12 projects worth Rs.27,000 crore in one day. Is she preparing a blue print for development or readying for the 2014 general elections?
* Reliance Industries is likely to sulk till 2014 as it does not have the freedom to price its gas till then. Will its political clout prepone a revision in its favour.
* Share price of Kavveri Telecom has fallen drastically in the last one month on reduction of final dividend from 40% to 15%. Aggressive investors can start accumulating.
* Heritage Foods has posted excellent Q2FY13 results but its share price too has shot up sharply. Book profits.
* Sah Petroleum has reported high profits due to erratic accounting of interest cost. Don’t get tempted to buy this scrip based on its Q2FY13 profit figures.
* VIP Industries has reported a loss at the net level and negligible profit at operating level for Q2FY13. Exit immediately and stay away from the counter.
* IFB Agro has posted quarterly EPS of Rs.18 and H1FY13 EPS of Rs.25 based on which an EPS of Rs.38-42 can be anticipated. The share is poised to touch Rs.225.
* RSWM has witnessed good buying after this textile major posted an EPS of Rs.9 in Q2FY13. Analysts tracking the share project an EPS of Rs.26-30 and a share price of Rs.180.
* Sarla Performance Fibres has witnessed sizeable investment buying last week and its share price hit a 52-week high of Rs.157. A textile analyst projects an EPS of Rs.40 in FY13. The share is an ideal bonus candidate and is expected to touch Rs.200 mark.
* Goodluck Steel Tubes (FV Rs.2), which posted a H1FY13 EPS of Rs.7, missed the attention of discerning investors. With a likely EPS of Rs.13-15, the share is poised to touch the Rs.30 mark.
* Some HNIs and Funds have evinced great interest in RS Software. It is expected to post an EPS of Rs.40+ in FY13. It has cash & cash equivalent reserves of Rs.54.8 crore (Rs 47.7/share). The share is all set to touch the Rs.300 mark.
* A technical analyst recommends Ceat Ltd., Gujarat Alkalies, IMP Power, Makers Lab and VTM Ltd. as hot buys for this week.

NIFTY LEVELS INTRADAY TREND ANALYSIS FOR OCTOBER 30 - TUESDAY

Nifty almost closed unchanged at 5665. So today the first resistance for nifty is at 5692-96. Next resistance ranges are at 5720-25,5758-63,5780-85,5815-20,5850-55,5888-93,5917-22 levels. On downside first support is at 5635-30 level. Next supports are at 5612-07,5580-75,5560-55,5524-19 level.For last few days market is hovering around 5650-5750 ranges so a be very alert.So today on upside be alert above 5725 and on downside alert below 5607 as chance are high for a negative trend below this level. Have a look at weekly trend.
Positional Support for NIFTY 5569 5526 5459 5357 5268 and positional Resistance for NIFTY is 5695 5703 .
Intraday Resistance of NIFTY are 5694.8/5719/5763.1/5783.2/5821.3/5859.5
Intraday Support of NIFTY are 5636.4/5612.2/5577/5557.3/5520/5482.9

STOCK VIEW - AARTI INDUSTRIES

Aarti Industries

BSE: 524208  NSE: AARTIIND  CMP: 90.90
 Aarti Industries  is a leading manufacturer of Speciality Chemicals with diversified end-uses in Agrochemicals, Pharmaceuticals, High Performance Polymers, Paints, Pigments, Printing Inks, Rubber Chemicals, Additives, Surfactants, Dyes, Flavours & Fragrances, Home & Personal Care applications etc. This diversified end-user base helps the company de-risk itself from a downturn in any individual business segment as also capitalize on the growth opportunities in each end-user segment. In Q1FY13, its total sales grew 15% to Rs.448.89 crore with 26% higher EBITDA at Rs.68.11 crore as against Q1FY12 on a standalone basis. PBT rose 37% to Rs.34.44 crore while PAT rose 39% to Rs.25.04 crore. Segmentwise, Chemicals accounted for 57% of total sales of which 53% was from exports and had an EBIT margin of 15.9%; Agrochemicals formed 23% of total sales of which 47% was from export and had an EBIT margin of 17.9%; Pharma was 11% of total sales of which 52% was export and had an EBIT margin of 4.4%; Home and Personal care contributed 9% of total sales of which 48% was from exports and had an EBIT margin of 2.8%. The expansion of its hydrogenation capacity and backward integrated hydrogen gas generation plant is on track and expected to be commissioned in Q3FY13. Exports of Agri ingredients stood at Rs.49.22 crore in Q1FY13 compared to Rs.24.13 crore in Q1FY12 and Rs.142.89 crore in FY12. Production of SSP in Q1FY13 was 13,700 MT compared to 63,000 tonnes in FY12. The company recently commissioned the Granulator for SSP and is in the process of expanding capacity and targets to increase the volume to about 1,00,000 MT from FY14 onwards. At present, companies producing SSP are doing extremely well. The company has consistently performed well over the last many years as sales have grown from Rs.955 crore to Rs.1800 crore over the last five years and it has maintained its revenue growth target of 15% in FY12. Its Net profit has zoomed from Rs.36.65 crore to Rs.86 crore during same period. Last year, the ROCE was 16% while the average ROCE for the last five years is 18%. Last year’s dividend was around 70%. With a share book value of Rs.65 and dividend yield of 3.7% at the current share price, investors can keep a watch to accumulate this stock on dips for decent long-term growth.

STOCKS INTHE NEWS FOR THE WEEK

* FM may embark on an austerity drive to control planned expenditures. Will that be a speed breaker on the way to faster growth embarked on 15 September 2012? 
* L&T Finance is on a buying spree and will sustain the growth momentum on the back of a strong and diversified business portfolio and increasing overseas presence. An investment banker puts its price at three digits soon. 
* Idea Cellular is the safest bet in the telecom segment. Look at its steady price compared to the decline in Bharti Airtel and RCom. Large investors are switching to Idea from the big giants. What an idea indeed sirjeee! 
* Watch out for action in the Rain Commodities counter as its promoter diversifies into processing coal tar pitch with the purchase of a Belgian Coal tar firm for $915 million. 
* IRB Infrastructure stock has been hit because of its close links with BJP Chief Nitin Gadkari. This stock, which has hit a high of Rs.209, should be accumulated if it falls below Rs.100 level. 
* Balaji Amines is now in a strong bull grip and heading for the century mark. Hold on to your positions. 
* Share price of J Kumar Infraprojects has shot up significantly in the last few months. Book profits and start accumulating Jai Hind Projects. 
* JK Tyres looks strong on the charts. Scrip may appreciate 20-25% in the short-term. Keep a close watch. 
* A technical analyst recommends Ferro Alloys, Gujarat Alkalies, IMP Power, Paushak Ltd. and VTM Ltd. as hot buys for this week.

STOCKS IN THE NEWS FOR THE WEEK

*Amtek Auto bought back shares worth Rs.187 crore at an average price of Rs.129 per share end June 2012. Its share price has since significantly corrected. Buy now and add more at declines.
* Ironically, when most mid caps are shooting up Zen Technologies is heading downwards. Big bulls RJ, still holds over 10% stake in the company. Accumulate at declines.
* Share price of Havells India has been consistently rallying. At a market cap of over Rs.8,000 crore, its fundamentally overvalued. Best time to book profit and exit.
* Although Dolhpin Offshore shot up sharply last week, it still looks strong on the charts. Hold on to your position.
* Shiva Texyarn from the Bannari Amamn stable is all set to post an EPS of Rs.10 in FY13. The share is likely to appreciate by over 50% in the medium-term.
* RS Software has posted robust Q1FY13 results, going by which an EPS of Rs.35 can be anticipated for FY13. An analyst tracking the share projects an EPS of Rs.42-45 in FY14. The share may touch the Rs.300 mark.
* Venus Remedies is the cheapest share in the pharma industry with a likely EPS of Rs.60 in FY13 and Rs.68 in FY14. The share is expected to touch the Rs.400 mark.
* Omax Auto is doing well post expansion. The share is on the radar of some HNIs.
* Shalimar Paints and HIL (Hyderabad Industries) are strong bonus issue candidates and are likely to appreciate fast.
*Shree Ganesh Jewellery House is likely to maintain its EPS of Rs.70 in FY13. The share can be bought for decent gains in the medium-term.
* Yuken India has invested a sizeable Rs.33 crore (67% of its existing block) on expansion. Analysts tracking this sharerecommend it for 50% gain in the medium-term.
* IFB Agro is being accumulated by persons in the know and they expect it to cross the Rs.200 mark.
* A technical analyst recommends Gujarat Alkalies, Kallam Spinning, Shreyan’s Shipping and Videocon
Industries as hot buys for this week.

NIFTY LEVELS - INTRADAY ANALYSIS FOR OCTOBER 15 - MONDAY

 Nifty closed on a slightly bearish note at 5676 level. So today the first resistance for nifty is at 5712-16. Next resistance ranges are at 5741-45,5782-86,5804-08,5835-40,5888-93,5917-22 levels. On downside first support is at 5645-40 level. Next supports are at 5612-08,5590-86,5570-65,5540-36,5516-12 level.So today intra resistance will be at 5716,5745 and 5786 levels and on down side be alert below 5640 and avoid longs below 5608 levels. Positional Support for NIFTY 5593 5489 5450 5386 5279 5222 and positional Resistance for NIFTY is 5708 5721 .
Intraday Resistance of NIFTY are 5712/5741.9/5780.9/5801.1/5839.5/5878
Intraday Support of NIFTY are 5640.1/5610.2/5573.6/5536.1/5498.8
Oscillator Analysis NIFTY is now trading in overbought level. The oscillator is showing SELL signal The oscillator is on SELL signal and share is coming down from overbought levelShort Term Oscillator Analysis- and NIFTY in oversold region.