19 Nov 2010 Daily Recommendations

19 Nov 2010 Morning Market Updates  09:07
Note : Follow Buy Calls in Positive market bias & v.v.
As it seems to high volatility in the market, book profits and cut losses as per your apetite. Follow stops strictly.

Spot Nifty support at 5960/5880 ; Resistance 6070

Buy Acc Fut Abv 1067 sl 1059 T 1084
Buy Auropharma sl 1260 T 1296
Buy Bhel sl 2306 T 2334/2342
Buy BPCL sl 725 T 745/752
Buy Cumminsind sl 769 T 780/784
Buy Divislab sl 681 T 700
Buy DLF sl 316 T 342
Buy HDIL sl 238 T 245
Buy IDFC sl 136 T 194
Buy Ranbaxy sl 571 T 588
Sell ICSA sl 145 T 136
Sell M&M Bel 774 sl 784 T 763

Stocks that are in news today:

Results Today: Triveni Engineering
RPP Infra IPO (on day 1)

Total subscription at 0.48 times (X)
QIB at 0X, HNI at 1.46X, Retail at 0.8X
Shipping Corp FPO to open November 30, close December 3
TRAI calls for cancelling 69 new telecom licenses
TRAI writes to DoT; seeks action against telcos
TRAI reviews network rollout of 127 new licenses
150 MHz of GSM & CDMA spectrum to be freed up
TRAI says
Cancel 20 licenses of Loop Telecom
Cancel 15 licenses of Etisalat DB
Cancel 11 licenses of Sistema
Cancel 10 licenses of Videocon
Cancel 8 licenses of Uninor
Cancel 5 licenses of Aircel
Many new telcos failed to roll out
Levy fine, withdraw spectrum
122 of 127 new licenses must be fined
Problems in rollout by new telcos widespread
From Govt sources
TRAI finds some new telcos overstating subscribers
Uninor says
Not received info from TRAI on telecom licenses
Therefore we cannot comment on this matter
However Uninor has launched services across India
We have 13.7 million customers
We are a real operator offering new alternatives to consumers
Alert: Uninor on TRAI’s recco of canceling 8 of its licenses
Sistema Shyam says:
Complied with mobile services rollout rule
Rolled out mobile phone services in all 22 circles
Govt constitutes panel on infra financing
Panel to be headed by former RBI Dy Governor Rakesh Mohan
Panel to access investment needs in 10 infra sectors
Panel to identify financing needs in infra sectors
CNBC-TV18 ALERT: Infra investments in 12th plan estimated at USD 1 trillion
Panel to recommend ways to use cap markets for infra finance
Panel to study role of foreign cap flows in infra financing
Panel to identify regulatory impediments to infra financing
Other stocks and sectors that are in news today:
Securities in F&O ban: Aban Offshore, Core Projects, Ispat Industries, Power Grid
Banks agree to resume MFI lending, but have asked them to be extremely cautious to prevent slippages
Sical Logistics: Open offer by Tanglin to acquire 20% at Rs 79.5 from January 08 – January 27

F&O cues:

Total Futures Open Int up Rs 353 crore, Total Options Open Int up by Rs 247 crore
Stock Futures net add 3.56 crore shares in Open Int
Nifty futures shed 10.5 lakh shares in Nov, add 9.3 lakh shares in Dec
Nifty prem surge to 33.6 pts from 6 pts
Nifty Open Int PCR up from 1.05 to 1.08
Nifty Puts add 12.3 shares, Calls shed 7 lakh shares in Open Int
Nifty Nov 6000 put shed 12.7 lakh shares in Open Int
Nifty Nov 6100 Put shed 8.8 lakh shares in Open Int
Nifty Nov 6500 Call shed 5.7 lakh shares in Open Int
Nifty Nov 6300 Call shed 4.6 lakh shares in Open Int
Nifty Dec 5700 Put add 10.4 lakh shares in Open Int
Nifty Nov 5900 Put add 8.1 lakh shares in Open Int
Nifty Nov 5900 Call add 4.8 lakh shares in Open Int
FIIs in F&O on November 18
Net sell Rs 940 crore in Nifty Futures
Nifty Futures Open Int up 28837 contracts
Net sell Rs 947 crore in Nifty Options
Nifty Options Open Int down 42392 contracts
Net buy Rs 363 crore in Stock Futures
Stock Futures Open Int up 9232 contracts

Market cues:

Hopes that Ireland will accept financial aid
Soft commodities up 3.7%
Precious metals up 3.4%
March Sugar Futures rallied 6.4%
NSE F&O Open Int was up by Rs 599 crore at rs 1.70 lakh crore
As per provisional data of November 18, FIIs were net sellers of Rs 452.7 crore; DIIs were net buyers of Rs 118.4 crore in cash markets. FIIs were net sellers of Rs 1557 crore in F&O.

US Markets:
US stocks ended little changed on Wednesday as indexes were unable to overcome recent losses as banks wilted on worries about Federal Reserve regulation of the sector.

The Dow Jones industrial average was down 15.47 points, or 0.14%, at 11,008.03, according to the latest available figures. The Standard & Poor's 500 Index was up 0.27 point, or 0.02%, at 1,178.61. The Nasdaq Composite Index was up 6.17 points, or 0.25%, at 2,476.01.


Disclaimer :

Daily blogs have been prepared by the Research Division of Integrity Financial Consultants Pvt. Ltd.(IFCL),Pune, India and is meant for use by the recipient only as an informative. Nothing on this blog/website is intended or should be construed as investment advice. It is intended to be used for informational purposes only. This document is not to be reported or copied or made available to others without prior permission of (IFCL). It should not be considered or taken as an offer to Buy or Sell or a solicitation to Buy or Sell any security. These views alone are not sufficient and should not be used for the development or implementation of an investment strategy. It should not be construed as an investment advice to any party. All opinions and estimates included here constitute our view as of this date and are subject to change without notice. The information contained in this report other than the recommendation(s) 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 and/or its business associates and/or its directors and/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 (IFCL) 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. 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 do not take any type of responsibility if reader or recommendation(s) follower will face any losses or liabilities because of our recommendations; market risk will be always there while and whenever concerned parties enter the stock market by any means.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. Similarly, 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 will not take any assurity about our given recommendation(s) about its success. Sole discretion will be most recommended for readers and/or subscribers and/or followers and/or information receivers and/or investors and/or traders.