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Showing posts from January, 2008

GMR Infra

Buy for Feb 1st ( GMR Infra ) Buy GMR Infra >174.1,181,191 Stop Loss 168.9 And here is the rest of it.

Reliance Power Limited IPO Allotment :

Reliance Power Limited IPO Allotment : * Reliance Power Limited IPO Allotment today. * 15 Shares for the application of Rs 96750 or Rs 25875 (maximum) in the retail category. * No shares will be alloted to those who applied less then Rs 96750 or Rs 25875 (maximum) in the retail category. * Reliance Power received 49 lakh applications. * Around 4 lakh applications has been disqualified, due to several reasons. * Refund process will start from 1 feb. * Listing will take place around 5 feb.

IPO News

Reliance Power Limited IPO Allotment : o Reliance Power Limited IPO Allotment can come later in the evening today. J.Kumar Infraprojects Limited IPO Allotment : o Allotment expectation is 600 to 625 shares for the application of 1 lakh (maximum) in the retail category. o J.Kumar Infraprojects Limited IPO - allotment is due on 04 Feb. Cords Cable Industries IPO Allotment : o Allotment expectation is 275 to 290 shares for the application of 1 lakh (maximum) in the retail category. o Cords Cable Industries IPO - allotment is due on 05 Feb. And here is the rest of it.

Reliance IPO Allotment on Jan 30 2008

Reliance Power : Lets hope for best as Reliance IPO allotment is on Jan 30th 2008. It seems Reliance Power will be listed around Rs 600 on first day.

Infosys

Market Recap : Dena bank gave a profit of Rs 3.4/-, ICICI bank gave a profit of Rs 28/ Buy for Jan 30th ( Infosys ) Infosys : 1501.1,1509,1518,1543 Stop Loss 1492 And here is the rest of it.

Dena Bank & ICICI Bank

Buy for Jan 29th ( ICICI Bank & Dena Bank ) Buy Dena Bank >75.2,77,81 Stop Loss 71 Buy ICICI bank >1285.1,1305,1337 Stop Loss 1278.8

Tata Teleservices

Market : Market will Open with good node. Today Buyer will play critical role. Make sure to use stop loss for any intraday trade. Buy for Jan 28th 2008 ( Tata teleservices ) Tata Teleservices have good fundamentals & give you good returns in next 3 to 4 months.

Padma Shri Award List

The names of Padma Shri awards are out. The 13 who will get the Padma Vibhushan include singer Asha Bhonsale, cricketer Sachin Tendulkar, world chess champion Vishwanathan Anand, industrialists Ratan Tata, Narayana Murthy and LN Mittal, mountaineer late Edmund Hillary, Delhi Metro chief E Sreedharan, environmentalist RK Pachauri and External Affairs Minister Pranab Mukherjee. Astronaut Sunita Williams, writer Dominique Lapierre, Citigroup CEO Vikram Pandit, industrialist Baba Neelkanth Kalyani and academic Meghnad Desai are among the 35 who get the Padma Bhushan. Actors Madhuri Dixit and Tom Alter and sportspersons Bhaichung Bhutia and Bula Chowhury are among the 71 selected for the Padma Shri.

Balrampur Chini

Today is Buyers market. Make sure Shopping list is ready today. Buy Balrampur Chini>74.5,80 Stop Loss 69.9

RNRL, Power corporation, RPL

Market performance was excellent today. I think we need to focus back on buying good stocks for good rate. Buy for Jan 24th ( RNRL, Power corporation, RPL )

Tata Power Jan 22 2008

Market analysis As per my analysis there will be a technical bounce back will occur but market thereafter may again break to touch 16000 levels as per Fibonacci analysis of the chart. Tip for Jan 22 2008 ( Tata Power ) Sell Tata Power <1188.9, 1150, 1139 Stop Loss 1201

Biggest fall of 2008 :

Source : MoneyControl : It was a highly dramatic and scary day for markets as markets saw their biggest ever fall. It was the worst day of trading in our trading history as the pace of the fall was unnerving. We started weak and with heavy bouts of selling was seen during the day with Sensex and Nifty down almost 12% at one point of time. Sensex went below 17,000 mark during the course of the day and Nifty sub 5000 mark. BSE was shut for a brief period of time however it resumed trading immediately. Later it recovered Sensex recovered 700 points from the day's low and finally Nifty closed down 8.5% and Sensex was down 7%. Sensex closed down 1,408.35 points or 7.41% at 17605.35, and the Nifty down 496.50 points or 8.70% at 5208.80. About 213 shares have advanced, 2746 shares declined, and 22 shares are unchanged. Before this the markets saw the second highest point fall on May 18, 2006; Sensex was down 826 pts (6.76%) on account of Government circular on taxing investment gains; hea

Reliance Natural Resources Ltd.

Buy for Jan 21st 2008 ( Reliance Natural Resources Ltd ) Reliance Natural Resources Ltd will give good returns and one should buy them at current level.

Reliance Power

Reliance Power : o Reliance Power IPO subscribed 73 times. o Retail subscription is around 15 times. o Allotment expectation - 15 shares for the application of 1 lakh (maximum) in the retail category. .

Beware of Market today

Keep eye on Market. Use stop loss for any intraday Trading. Market will be in Red

Infosys Jan 17 2008

Recap : Buy for Jan 17th ( Infosys ) Bank of India gave a profit of Rs 22.8/- Buy Infosys >1521.1,1543,1554 Stop Loss 1517.9

Bank of India

Buy for Jan 16th ( Bank of India ) Buy Bank of India >436.1,439.5,445,450 sl 431.8

RPL completes 82% of project implementation

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Reliance Petroleum (RPL) announced today the successful completion of the 2nd year of implementation of its complex refinery, coming up in a special economic zone at Jamnagar. The company achieved 82% overall progress in just 24 months since commencement of the project. Based on the progress so far, the company is on course to complete the project ahead of its initial schedule of December 2008 During the quarter, project implementation gained further momentum and led to achievement of several significant milestones, including the following: - Engineering activities are nearing completion. - Overall procurement progress exceeded 97%. - More than 75% of equipments and tagged items already received at site. - Deliveries of over dimensional cargos (ODC) and super ODCs are nearing completion. - Over 40% of equipments have been erected; Project skyline changed dramatically. - Overall construction progress crossed the 60% mark for the complex. - Structural and pipe fabrication activities prog

Rel Power IPO: Day 1 subscribed 10.5 times

he mega initial public issue of Anil Dhirubhai Ambani group's Reliance Power became the largest ever in India after over-subscription of more than 10.5 times on its opening day on Tuesday. Offered at a price band of Rs.405-450 for 228 million shares at a face value of Rs 10 each, the issue invited bids for 2,397,558,825 shares, data available with the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) showed. The issue closes on January 18. While institutional buyers were required to pay 10 per cent of the subscription money on application, retail investors had to pay Rs 115, which is around 25 per cent of the issue price. In addition, Ambani and his associates bought the promoters' stake of 32 million shares at Rs 450 per share on the opening day. Thirty percent of the 228 million shares have been reserved for retail investors at a discount of 5 per cent. "Within minutes of its opening, the issue was fully subscribed and by the time it ended at 5 pm, the is

Future Capital IPO : oversubscribed 8.7 times

The initial public offer of Kishore Biyani-led Future Capital Holdings got subscribed 8.69 times till the second day of issue today. The public offer expects to raise up to Rs 490 crore. The proceeds would be deployed in the company's consumer credit business -- Future Money -- which was launched in June 2007. Response has seen from qualified institutional investors, whose reserved portion subscribed over 10 times followed by 8 times subscription in retail investors category. The IPO of financial services arm of the retail major Future Group received bids for 5.58 crore equity shares against the 64.22 lakh shares on offer, the data available on the stock exchanges show. The price band for the IPO is between Rs 700-Rs 765 and the issue would close on January 16. The equity shares are proposed to be listed on the Bombay Stock Exchange and the National Stock Exchange. The issue would constitute 10.16 per cent of the post-issue paid-up capital of the company. Kotak Mahindra Capita

How should retail players approach Rel Power IPO?

Reliance Power is planning to tap the capital markets with its initial public offer to raise more than Rs 11,000 crore. The IPO will open for subscription on January 15 and will close on January 18. The IPO price band is between Rs 405-450 per share with a lot size of 15 shares and in multiples thereafter. The company is entering the capital market with a public issue of 26 crore-equity shares. Off this, 22.8 crore shares, or 30% of the issue, is reserved for retail investors. So, how should retail investors approach the Reliance Power IPO? The retail category has two payment options. Option one is part payment and the other is a full payment option. Retail investors, who want to make listing gains, should pay upfront. If investors assume that the entire retail subscription will be more than four times, then they should apply for the part payment option. Retail participants will only be able to make listing gains, if their shares are fully paid up. If one looks at the grey market puls

Reliance IPO - Payment Options for retail Investors

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Reliance IPO

Reliance Power Limited : * HNI subscription will be more then 125 times. * HNI allotment expectation is 900 - 1000 shares. * Grey market premium came down to Rs 350. * Retail investors feel that they will earn more on the listing day rather then selling their application in the greymarket. .

Reliance & Future Capital IPO

Reliance IPO : Please apply for Reliance IPO >> More than 100% profit Future Capital IPO : This is an Average IPO >> 50 to 70% Profit

Hilton Metal & SB&T International

Buy for Jan 14th ( Hilton Metal, SB&T International ) Buy Hilton Metal > 49.1,50.10,51.95 sl 46.9 Buy SB&T International >40.1,41.15,43.30 sl 37.65

Jan 10th Stock Market

A. The CNX Midcaps Index was down by 3.5% and BSE Smallcaps Index was down almost 3.8%. B. The Asian markets were hit in late trade as Goldman Sachs warned of a US recession. News of a rate cut by the Bank of England further dampened global sentiments. C. The Indian market saw a savage correction today. Sensex closed at 20582, down 287 points and Nifty closed at 6156, down 115 points from the previous close. D. The market breadth was bad with advances at 105 against declines of 1128 on the NSE. E. Top Nifty gainers included ICICI Bank, Idea Cellular, BHEL and Unitech while losers included GAIL, RPL, SAIL, Tata Power, REL and Tata Steel. And here is the rest of it.

IDEA

Recap: Infosys gave a profit of RS 23/-, Polaris gave a profit of RS 2/- Buy for Jan 11 ( IDEA ) Buy IDEA>136.5,138,140 Stop Loss 134.4 And here is the rest of it.

Bharati Airtel & Polaris

Recap: Infosys gave a profit of RS 9/- and Satyam gave a profit of Rs 12/-. Buy for Jan 10th ( Bharati Airtel, Polaris ) Buy Bharti Airtel >976.1,986,999 Stop Loss 969.8 Buy Polaris >136.5,140,145 Stop Loss 131.9 .

Satyam & Infosys

Recap: Neyveli lignite gave a profit of Rs 7.85/- Buy for Jan 9th ( Satyam, Infosys ) Buy Satyam >428.1,430,435 Stop Loss 424.3 Buy Infosys >1691.1,1700,1712,1750,1797 Stop Loss 1679.8

Ashok Leyland, Neyveli Lignite

Recap : IDBI gave a profit of Rs 3/- and dena bank gave a profit of rs 2/- for every share purchased. Buy for Jan 08 ( Ashok Leyland, Neyveli Lignite ) Buy Ashok Leyland >56.5,60 sl 54.5 Buy Neyveli Lignite >260.5,266,273 sl 257.9

IDBI & Dena Bank

Recap : ranbaxy gave a profit of 5/- & FSL gave a profit of Rs 2/- Buy for Jan 07 ( IDBI, Dena Bank ) Buy IDBI >176.6,179,183 Stop Loss 173.7 Buy Dena Bank >94.40,95.60,97.75 Stop Loss 91.9

Stock Market Report Jan 03

The market was volatile in late trade but closed a bit quiet. 2. Sensex closed at 20345, down 120 points and Nifty closed at 6178, flat from the previous close. 3. The CNX Midcaps Index and BSE Smallcaps Index both closed in the negative today. BSE Power Index closed up 3% and BSE PSU Index closed up 2.2%. 4. The market breadth was negative with advances at 523 against declines of 709 on the NSE. 5. Top Nifty gainers included NTPC, REL, Cairn India and Tata Power while losers included VSNL, TCS, SAIL and Unitech.

Ranbaxy & FSL

Buy for Jan 04 ( Ranbaxy, FSL) Buy Ranbaxy >426.1,430,437 Stop Loss 418.5 Buy FSL >83.80,90,95 Stop Loss 79.5.

Bhagyanagar & MRPL

Buy for Jan 03 ( Bhagyanagar & MRPL ) Buy Bhagyanagar > 73,80,87 Stop Loss 69.8 Buy MRPL > 140.60,144,147.95 Stop Loss 136.5

Reliance Energy IPO

1. Reliance Energy is planning to raise Rs 10,530-11700 crore via an IPO. 2. IPO opens from 14 Jan-18 Jan 3. The market capital of the IPO is expected to be 1 lakh crore. 4. Price band Rs 400-Rs 450 5. 228 crore shares are being offered to public through this IPO. And here is the rest of it.

GMR INFRA & Escorts

Buy for Jan 02 ( GMR INFRA, Escorts ) Buy GMR Infra >250.3,253,255.90 Stop Loss 248.8 Buy Escorts >160.1,164,170,180 Stop Loss 257.5