Wednesday, October 13, 2010

13 Oct 2010 Daily Recommendations

13 Oct 2010 Morning Market Updates  08:59


FYI
Daily Recommendations :


Note : Follow Buy recommendations in Positive market bias & v.v.


Buy Idea Abv 73.8 sl 72.7 T 76
Buy Maruti Abv 1530(Close) sl 1518 T 1575 P
Hold Long Concor sl 1316 T 1380
Buy Cumminsind Abv 746 sl 736 T 768
Buy Lupin sl 419 T 432
Buy Techm Abv 780 sl 772 T 792/804 P
Buy Uniphos sl 188 T 196/199
Buy Jisljaleqs sl 1138 T 1237 P


Sell Axisbank Bel 1540 sl 1550 T 1525
Sell BHEL Bel 2538 sl 2552 T 2512
Hold Short DLF Ref.12/10 sl 377 T 368
Sell HCLTech Bel 425 sl 430 T 420/411
Sell Hindalco Bel 208 sl 211 T 198 P
Sell ICICIBank Bel 1126 sl 1134 T 1110
Sell IDFC Bel 204 sl 207 T 200
Sell Infosystch Bel 3057 sl 3073 T 3025
Hold Short Jindalstel Ref.12/10 sl 719 T 700
Sell PNB Bel 1301 sl 1309 T 1292
Sell Powergrid Bel 108 sl 109.75 T 105
Sell Rpower Bel 162.5 sl 165 T 160/158
Sell SBIN Bel 3215 sl 3244 T 3165 P
Sell Siemens Bel 810 sl 818 T 798
Sell TCS Bel 940 sl 948 T 929
Sell Wipro Bel 460 sl 464 T 454/448 P
Sell Bajaj-Auto Bel 1509
Sell Bankindia sl 555 T 537
Sell Corpbank Bel 706 sl 713 T 695
Sell Glenmark Bel 302 sl 308 T 296
Hold Short HDIL sl 271 T 259
Sell Ibrealest Bel 180 sl 184 T 175
Sell IDBI Bel 155 sl 157 T 151
Sell Kotakbank Bel 498 sl 504 T 489
Sell LICHSGFIN Bel 1402 sl 1412 T 1383
Sell RIIL Bel 888

Stocks in News :
Results Today: Arrow textiles, Jindal Poly, Stone India, Elpro Intl, Honey well Automation, 

Coal Minister Says

-Coal India IPO price band at Rs 225-245/share
-Expect to raise over Rs 15,000 crore from Coal India IPO
-5% discount for employees & retail investors in CIL IPO
-Not to rope in anchor investors in Coal India IPO
Coal India Chairman Says
-Done away with anchor investor for IPO
-Satisfied with IPO price band
-Will attract retail & QIB investors
-CIL to list on November 4
IPOs & Listing
-SCI says have filed draft papers for FPO: NW18
-Listing today: VA Tech Wabag
-Gyscoal Alloys IPO opens for subscription
Castrol India Q3
-Net profit at Rs 117 crore versus Rs 95.6 crore (YoY)
-Net sales at Rs 641 crore versus Rs 565 crore (YoY)
Magma Fincorp Q2
-Net profit at Rs 25.8 crore
-Net sales at Rs 185 crore
SPIC (Southern Petrochemical Industries Corporation)
-SPIC starts trial production at the tuticorin plant in Tamil Nadu
-Plant was shut down in 2007 due to financial constraints
-Promoters have infused Rs 50 crore, another Rs 100 crore in the pipeline
-Pioneer Embroideries: Board meet to consider fund raising
-Pfizer Inc said it will acquire King Pharmaceuticals in an all-cash deal worth USD 3.6 billion
-Peace accord may be in works at SKS, small section of investors and independent directors are exploring the possibility of brokering peace – ET
-A few biz associates of Kansagra family moves US court blocking the Maran-Spicejet deal, alleging they were not consulted – ET
-Fight between Man Ind brothers hots up, resulting in one of them approaching the CLB – ET
-MRF strike called off, production was halted in 2 plants yesterday because of strike – BS
-Uflex board meet on 13th to review the status of Rights Issue and to discuss other matters
-Birla Shloka allot 19.94 lakh warrants at Rs 68/sh to promoters
-Comouage Infocom board approves increasing investment limit by FII
-Rodium Realty: Board meet on October 22nd to evaluate fund raising
-Easun Reyrolle: Board approves issue of 2 million warrants to promoters
-In F&O ban:
 Core projects, EKC, Essar oil, Ispat, Jindal Southwest Holdings, Orchid Chem, Punj Lloyd, Reliance Media
F&O cues:

Stock futures add 1.62 cr shares in Open Int
Futures Open Int was down Rs 278 crore, Options Open Int was up Rs 1950 crore.

Nifty futures shed 9k shares in Open Int, at 28 pts prem versus 25-pts prem
Nifty Open Int PCR up at 1.33 versus 1.30
Nifty Puts add 22.8 lakh shares, Calls add 1.7 lakh shares in Open Int
Nifty 6000 Put adds 7.8 lakh shares in Open Int
Nifty 6100 Call adds 5.9 lakh shares in Open Int
Nifty 5900 Put adds 5.5 lakh shares in Open Int
Nifty 6200 Call adds 4.2 lakh shares in Open Int
Nifty 5800 Put adds 3.9 lakh shares in Open Int
Nifty 6400 Call shed 7.2 lakh shares in Open Int
FIIs in F&O on October 12
Net sell Rs 351 crore in Nifty futures, Open Int down 3,170 contracts
Net buy Rs 715 crore in Nifty options, Open Int up 23,975 contracts
Net sell Rs 897 crore in Stock futures, Open Int up 5,935 contracts (FIIs had sold Rs 6,736 cr series till date in stock futures)


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.

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