23 April 2010 Intrady Calls

23 April Morning Market Updates  08:47
Today market will open positive and European markets will decide the proper trend of the day.
Nifty resistance at 5280.Support at 5210
Recommendations :
Buy Grasim sl 2828 Target 2867
Buy HDFC Above 2752 sl 2738 Target 2789
Buy Herohonda sl 1894 Target 1941
Hold Long Hindunilvr Ref.21/04 Tril sl 230 Target 241
Hold Long Maruti Ref.22/04 Trail sl 1375 Target 1418
Buy SBIN sl 2145 Target 2314 Positional
Buy Siemens Above 734 sl 725 Target 750
Buy Tatapower Above 1350 sl 1341 1360 / 1366

Sell Idea sl 66.75 Target 64.5
Sell Infosystch Below 2698 sl 2715 Target 2672
Sell Sunpharma Below 1695 sl 1718 Target 1652
Watch : ONGC,BEL
Stocks in News :
Results today: Reliance Industries, Wipro, Corporation Bank , Merck, Areva T&D, Mahindra Life Space Developers, Reliance Industries, P&G, 3i Infotech, Binani Cements, Pantaloon Retail

Talwalkar IPO closes today
-Total: 0.90 times (x)
-QIB: 1.5x
-NII: Nil
-Retail: 0.4x
Nitesh Estate IPO opens today
3G Auction Update
-3G Auction financial impact on MTNL rises further
-MTNL to pay minimum of Rs 1,603 crore for Mumbai, Delhi 3G Slot
-MTNL payout on day 11 close to old national 2G License Cost
-Delhi, Mumbai 3G slot price expected to rise further
Jet Airways:
-Konnect customers willing to pay more for higher grade services
-Konnect select to increase revenues by 8-10%
-Hope to fill 75-80% of the 8 Konnect select seats/flight
-Konnect helped improve seat factors from sub-60% to 75% plus
Nestle Q1CY10 (Huge margin pressure, competition taking toll) (cr - crore, vs - versus)
-Net sales at Rs 1485.4 cr vs Rs 1270.8 cr
-Net profit at Rs 201.9cr vs Rs 197 cr
-OPM at 20.5% vs 23.9%
-Other expenditure at Rs 338 cr vs Rs 271 cr ((advertising costs etc.))
Gujarat Gas Q1
-Sales at Rs 401.4 cr vs Rs 296.77 cr (up 35% YoY)
-PAT at Rs 62.4 cr vs Rs 36.11 cr (up 72% YoY)
Birla Corp : Q4'Fy10

-Sales at Rs 602 cr vs Rs 570 cr
-PAT at Rs 137.5 cr vs Rs 90.7 cr
Tata Sponge Q4 ((Huge margin expansion))
-Sales at Rs 167.2 cr vs Rs 131.3 cr ( up 27% YoY)
-PAT at Rs 33.35 cr vs Rs 11.55 cr ( up 188% YoY)
-OPM at 26.6% vs 10%
Falcon Tyres
-Sales at Rs 188.3 cr vs Rs 161 cr (up 13% YoY)
-PAT of Rs 10 cr vs Rs 5.4 cr (up 90% YoY)
Escorts Q2:
-Standalone net sales at Rs 671.68 Cr Vs Rs 481.64 Cr (YoY)
-Standalone net profit at Rs 41.47 Cr Vs Rs 7.82 Cr (YoY)
Ambuja Cements Q1
-Net sales at Rs 1,990.2 Cr Vs Rs 1,847.6 Cr (YoY)
-Net profit at Rs 462.2 Cr Vs Rs 334.1 Cr (YoY)
Sasken Comm Q4:
-Cons net sales at Rs 154 Cr Vs Rs 145.2 (QoQ)
-Cons net profit at Rs 21.8 Cr Vs Rs 17.1 Cr (QoQ)
Rallis India Q4:
-Net sales at Rs 192 Cr, net profit at Rs 22 Cr
Other stocks and sectors that are in news today:
-Aban Offshore : Aban arm’s contract in Angola terminated by Maersk; Aban to redeploy rig in India & receive USD 64 million for termination
-Piramal Healthcare :To acquire the Anesthetic products business of Bharat Serums And Vaccines
-Rallis India declares a Bonus issue of 1:2
-Mindtree to acquire business of 7Strata ( amount not disclosed)
-Manaksia board meet on April 28 for buy-back
F&O cues:

Futures Open Int up Rs 660 crore, Options Open Int up Rs 308 crore
Nifty futures shed 2 lakh shares in total Open Int
Nifty futures at 7-point discount
Nifty Open Int PCR at 1.33 versus 1.20
Nifty Puts add 33 lakh shares in Open Int
Nifty Calls shed 32 lakh shares in Open Int
Nifty 5300 Put adds 14 lakh shares in Open Int
Nifty 5300 Call adds 3 lakh shares in Open Int
Nifty 5200 Call sheds 15 lakh shares in Open Int
Stock futures add 4 crore shares in Open Int
FIIs in F&O on April 22
Net sell Rs 444 crore in Nifty futures
Open Int up 6,458 contracts
Net buy Rs 1056 crore in Nifty options
Open Int up 35,574 contracts
Net buy Rs 347 crore in Stock futures
Open Int up 17,772 contracts
Net sell Rs 101 crore in Stock options
Open Int up 4,498 contracts
US Market Updates :
U.S. stocks staged a late-day comeback yesterday as another steady drum beat of strong quarterly profits from consumer bellwethers like Starbucks Corp.Stocks turned higher Thursday, recovering from a steep morning selloff sparked by Greek debt default worries, a spike in the dollar versus the euro and a plunge in commodity prices.


Dow Jones gained 9.68 points, or 0.09 percent, to 11,134.60. The Standard & Poor's 500 Index .SPX gained 2.76 points, or 0.23 percent, to 1,208.70. The Nasdaq Composite Index .IXIC gained 14.46 points, or 0.58 percent, to 2,519.07.

Discalimer:This document has been prepared by the Research Division of Integrity Financial Consultants Pvt. Ltd.,Pune, India and is meant for use by the recipient only as an informative. This document is not to be reported or copied or made available to others without prior permission of iNTEGRITY. It should not be considered or taken as an offer to Buy or Sell or a solicitation to Buy or Sell any security. The information contained in this report other than recommendations has been obtained from sources that are considered to be reliable. However, iNTEGRITY has not independently verified the accuracy or completeness of the same. Neither iNTEGRITY nor any of its affiliates, business associates, its directors or its employees accept any responsibility of whatsoever nature for the information, statements and opinion given, made available or expressed herein or for any omission therein. Recipients of this report should be aware that past performance is not necessarily a guide to future performance and value of investments can go down as well as the market related investments are subject to market risk and volatility. The suitability or otherwise of any investments will depend upon the recipient's particular circumstances and, in case of doubt, advice should be sought from an independent expert/advisor. Either iNTEGRITY and / or its affiliates and / or its business associates and / or its directors and / or its employees and / or its representatives and / or its clients and / or their relatives may have position(s), make market, act as principal or engage in transactions of securities of companies referred to in this report and they may have used the research material prior and / or after to publication.The information shared in this blog may be and or may not be 100% perfect as it is being shared from many sources. It is recommended for the recipients to take their decisions according to re-verification of the shared information. No arguments and / or claims and / or objections will be entertained.