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Showing posts from August, 2009

August 27th 2009 Stock Update

11:26 AM Thursday , 27 August Sudarshan Sukhani, technical analyst recommends investors to sell Hindalco with a target of Rs 104 and stop-loss of Rs 108.50. Source : CNBC TV18 11:25 AM Thursday , 27 August Sudarshan Sukhani, technical analyst advises investors to buy ONGC with a target of Rs 1,185 and stop-loss of Rs 1,150. Source : CNBC TV18 11:23 AM Thursday , 27 August Buy Alok Industries with a target of Rs 30 and stop-loss of Rs 19, says Ashwani Gujral, technical analyst. Source : CNBC TV18 10:57 AM Thursday , 27 August Simi Bhaumik, technical analyst advises investors to buy Educomp with a target of Rs 4,385 and stop-loss of Rs 4,220. Source : ZEE BUSINESS 10:47 AM Thursday , 27 August Husseini Wadharia of Techno Shares advises investors to Buy Opto Circuits with a target of Rs 205-225 and stop-loss of Rs 182. Source : CNBC AWAAZ 10:45 AM Thursday , 27 August Jatindar Sharma, technical analyst recommends investors to buy Aban Offshore with a target of Rs 1,

August 26th 2009 Stock Update

12:59 PM Wednesday, 26 August Rajesh Jain of SMC Global Securities advises investors to buy ING Vysya Bank at Rs 230-240 with target of Rs 280-300. Keep stop-loss of Rs 230, he adds. Source : CNBC AWAAZ 12:53 PM Wednesday, 26 August Ashwani Gujral, technical analyst recommends investors to buy Selan Exploration at Rs 306 with target of Rs 328. Keep stop-loss of Rs 282, he adds. Source : CNBC AWAAZ 12:51 PM Wednesday, 26 August Mandar Jamsandekar, technical analyst recommends investors to buy Tech Mahindra at current levels with target of Rs 1,052. Source : NDTV PROFIT 11:29 AM Wednesday, 26 August Ashwani Gujral, technical analyst recommends investors to buy Tanla Solutions with target of Rs 86. Keep stop-loss of Rs 56, he adds. Source : CNBC AWAAZ 11:27 AM Wednesday, 26 August Rajesh Jain of SMC Global Securities recommends investors to buy GIC Housing at Rs 75-80 with target of Rs 105. Keep stop-loss of Rs 75, he adds. Source : CNBC AWAAZ 11:05 AM Wednesday,

August 25th 2009 Stock Update

02:14 PM Tuesday , 25 August MB Singh, technical analyst recommends investors to hold Allahabad Bank with a target of Rs 90-100 where one can book part profits. Source : ZEE BUSINESS 02:12 PM Tuesday , 25 August Ashwani Gujral, technical analyst recommends investors to buy Yes Bank with a target of Rs 185 and then it can go to Rs 215. Source : CNBC TV18 12:41 PM Tuesday , 25 August Nitin Murarka of SMC Global advises investors to buy Reliance Capital at Rs 790 with medium-term target of Rs 850. Keep stop-loss of Rs 780, he adds. Source : ZEE BUSINESS 12:39 PM Tuesday , 25 August Ashwani Gujral, technical analyst recommends investors to hold Brigade Enterprises with targets of Rs 145 and then 180. Source : CNBC AWAAZ 12:26 PM Tuesday , 25 August Nitin Murarka of SMC Global advises investors to hold Power Grid which has resistance at Rs 112 crossing which it will go to Rs 120. Keep stop-loss of Rs 105, he adds. Source : ZEE BUSINESS 12:24 PM Tuesday , 25 August B

H1B Quota Update

The most recent H-1b quota update shows that the number of H-1b visas used so far has held steadily at 44,900. This number has been the same since about the middle of May For mroe details please refer to following article http://imminfo.com/Newsletter/2009-8/H1B_update.html

China/India cutoff date advance is not cause for optimism

The rapid and unexpected fifteen month advance of the China/India EB cutoff date is not necessarily cause for optimism. At first glance, it should be cause for celebration. A closer analysis of the facts, however, reveals otherwise.   For more details read following article     Source ::   http://imminfo.com/Newsletter/2009-8/2009-8.html    

August 24th 2009 Market Udpate

01:25 PM Monday , 24 August Our market is seeing a strong session led by global cheer. The smart rally has been led by realty and metal stocks. Sensex is trading at 15,634, up 396 points and Nifty is at 4,643, up 115 points from the previous close. Source : IRIS 12:21 PM Monday , 24 August At noon, the market is looking good and trading near the highs of the day. Sensex is trading at 15,586, up 345 points from its previous close, and Nifty is at 4,629, up 100 points. Source : IRIS 11:13 AM Monday , 24 August An hour into opening, the market is trading firm. Asia continues to look good, too. Sensex is trading at 15,553, up 312 points from its previous close, and Nifty is at 4,622, up 93 points. Source : IRIS 11:13 AM Monday , 24 August An hour into opening, the market is trading firm. Asia continues to look good, too. Sensex is trading at 15,553, up 312 points from its previous close, and Nifty is at 4,622, up 93 points. Source : IRIS 10:10 AM Monday , 24 August T

August 21st 2009 Stock update

11:02 AM Friday , 21 August Mitesh Thakker, technical analyst advises investors to sell Tata Steel with target of Rs 415. Keep stop- loss of Rs 452, he adds. Source : CNBC TV18 11:01 AM Friday , 21 August Ashwani Gujral, technical analyst recommends investors to buy Bharti Shipyard with target of Rs 260. Keep stop-loss of Rs 170, he adds. Source : CNBC AWAAZ 10:38 AM Friday , 21 August Rahul Mohinder, technical analyst advises investors to buy MindTree with short-term target of Rs 510-520. Keep stop-loss below Rs 460, he adds. Source : CNBC TV18 10:21 AM Friday , 21 August Technical analyst, Simi Bhaumik advises investors to buy Infosys at Rs 1,991 with target of Rs 2,025. Keep stop-loss of Rs 1,970, he adds. Source : ZEE BUSINESS 10:20 AM Friday , 21 August Mitesh Thakker, technical analyst recommends investors to sell Sterlite Industries at current levels with target of Rs 575. Keep stop-loss of Rs 628, he adds. Source : CNBC TV18 09:51 AM Friday , 21 August S

August 20th 2009 Stock Update

11:22 AM Thursday , 20 August Ashwani Gujral, technical analyst recommends investors to buy L&T with target of Rs 1,550. Keep intra-day stop-loss of Rs 1,440, he adds. Source : CNBC TV18 11:02 AM Thursday , 20 August Sheshadri Bhartan, market expert recommends investors to hold Adani Power with target of Rs 112-115. Source : CNBC AWAAZ 11:01 AM Thursday , 20 August Mitesh Thakkar, technical analyst advises investors to buy Firstsource Solutions at Rs 33-34 with target of Rs 45. Keep stop-loss of Rs 29, he adds. Source : CNBC AWAAZ 10:59 AM Thursday , 20 August Ashwani Gujral, technical analyst recommends investors to hold Tanla Solutions with target of Rs 61. It has support at Rs 52, he adds. Source : CNBC TV18 10:26 AM Thursday , 20 August Ashwani Gujral, technical analyst advises investors to buy 3i Infotech with target of Rs 94. Keep stop-loss of Rs 72, he adds. Source : CNBC TV18 10:24 AM Thursday , 20 August Mitesh Thakkar, technical analyst recommends

August 19th 2009 Stock update

12:20 PM Wednesday, 19 August Rajesh Jain of SMC Global Securities recommends investors to buy Oracle Financial Services at Rs 1,550. Keep stop-loss of Rs 1,500, he adds. Source : CNBC AWAAZ 12:18 PM Wednesday, 19 August Ramesh Arora, technical analyst recommends investors to hold Tata Motors with targets of Rs 550 and then 600. Keep stop-loss of Rs 395, he adds. Source : ZEE BUSINESS 12:16 PM Wednesday, 19 August Ashwani Gujral, technical analyst advises investors to buy Siemens Ltd at Rs 430 with targets of Rs 500 and then 570. Keep stop-loss of Rs 420, he adds. Source : CNBC AWAAZ 12:15 PM Wednesday, 19 August Technical analyst, Sudarshan Sukhani advises investors to buy Moser Baer on dips with target of Rs 85. Keep a stop-loss, he adds. Source : CNBC TV18 12:13 PM Wednesday, 19 August Mandar Jamsandekar, technical analyst recommends investors to hold Hindalco with target of Rs 116 plus. Keep stop-loss of Rs 93, he adds. Source : NDTV PROFIT 11:23 AM Wednesda

Tata Consultancy Services (TCS) and Avaya GLobalConnect (AGC) deal

Avaya GLobalConnect (AGC) today announced that Tata Consultancy Services (TCS) will be its technology partner for managing and overseeing the company's total internal IT outsourcing needs. Under the multi-year deal, TCS will assume responsibility of AGC's internal IT operations. Avaya GlobalConnect is leading solutions integrator in areas of Unified Communication, Contact Centers and IP Telephony, with focus on accelerating customer's business across industry verticals. Anil Nair, Managing Director, Avaya GlobalConnect said, "For us, scalability and cost-control are essential to tap the enormous potential of India market, expand customer base and sustain our leadership position. Outsourcing our IT systems to TCS will allow us invest the accruing savings towards growth and customer responsiveness." G Srinivasa Raghavan, Country Head, India Business, TCS said, "We will provide comprehensive IT solution for AGC's business needs and work with them on a w

August 17th Stock Update

August 17th Stock Update     12:49 PM Tuesday , 18 August Technical analyst, Rajat Bose advises investors to buy Maruti up to Rs 1,252 with target of Rs 1,347. Keep stop-loss below Rs 1,225, he adds. Source : CNBC TV18 12:48 PM Tuesday , 18 August Vijay Bhambwani, technical analyst recommends investors to hold Sterlite Industries with target of Rs 740. It has support at Rs 565, he adds. Source : CNBC AWAAZ 11:48 AM Tuesday , 18 August Technical analyst, Simi Bhaumik recommends investors to hold GSPL with target of Rs 76. Keep stop-loss of Rs 64 on closing basis, she adds. Source : ZEE BUSINESS 10:47 AM Tuesday , 18 August Neera Jain, technical analyst advises investors to buy Polaris at Rs 125 with target of Rs 145. Keep stop-loss of Rs 120, she adds. Source : CNBC AWAAZ 10:46 AM Tuesday , 18 August Buy Tata Power with target of Rs 1,350, says Ashwani Gujral, technical analyst. Keep stop-loss of Rs 1,200, he adds. Source : CNBC TV18 10:39 AM Tuesday , 18 Augu

August 17th 2009 Stock Update

11:13 AM Monday , 17 August Sudarashan Sukhani, technical analyst recommends investors to buy Cromptopn Greaves on dips with a target of Rs 320. Keep a stop-loss of Rs 260, he adds. Source : CNBC AWAAZ 11:01 AM Monday , 17 August Buy REI Agro with a target of Rs 65 and stop-loss of Rs 45, says Ashwani Gujral, technical analyst. Source : CNBC TV18 11:00 AM Monday , 17 August Ashwani Gujral, technical analyst recommends investors to buy Nucleas Software with a target of Rs 123-146 and stop-loss of Rs 100. Source : CNBC TV18 10:57 AM Monday , 17 August Technical analyst, Simi Bhaumik advises investors to buy Bhushan Steel with a target of Rs 960. Source : ZEE BUSINESS 10:53 AM Monday , 17 August Sudarashan Sukhani, technical analyst recommends investors to buy Titan Industries on dips with a target of Rs 1,350. Keep a stop-loss of Rs 1,180, he adds. Source : CNBC AWAAZ 10:30 AM Monday , 17 August Sudarashan Sukhani, technical analyst advises investors to buy PNB w

H1B Visa :: 20000 slot still open

The US Citizenship and Immigration Services said it has received approximately 49,000 H1B petitions till August seven counting toward the Congressionally-mandated 65,000 cap, more than four months after it started accepting applications for visas for the 2010 fiscal begining this October. This is in contrast to the previous years when the USCIS had to resort to computerised draw of lots as it received petitions outnumbering several times more than the Congressional mandated cap of 65,000 within the first few days after it started receiving H-1B applications. The figure of 20,000 slots in the vacant category has remained almost the same for the past two months. This is also due to a large number of rejections of H-1B petitions. Indian IT professionals have been a major beneficiary of H-1B visas, figures released in the past have said. An additional 20,000 H-1B can also be issued to those foreign professionals, who have masters or higher degree from the US.Though the USCIS received 20,00

August 14th Stock update

12:35 PM Friday , 14 August Vikash Agarwal, Head - Research, Devkinandan Consultants recommends investors to buy Bajaj Holdings with a horizon of 3-4 month target of Rs 756. Source : IRIS 12:34 PM Friday , 14 August Vikash Agarwal, Head - Research, Devkinandan Consultants recommends investors to buy South Asian Enterprises with a horizon of 3-4 month target of Rs 21. Source : IRIS 12:10 PM Friday , 14 August Gaurang Shah of Geojit BNP Paribas recommends investors to buy Glenmark Pharma at Rs 220-240 with long-term view. Source : ZEE BUSINESS 12:09 PM Friday , 14 August Buy Indiabulls Real Estate at Rs 228-230 with target of Rs 275-300, says Gaurang Shah of Geojit BNP Paribas. Source : ZEE BUSINESS 12:07 PM Friday , 14 August Ashwani Gujral, technical analyst recommends investors to buy Navneet Publication with target of Rs 110. Keep stop-loss of Rs 81, he adds. Source : CNBC AWAAZ 12:06 PM Friday , 14 August Ramesh Arora, technical analyst recommends investors t

August 13th Stock Update

02:37 PM Thursday , 13 August Vikash Agarwal, Head - Research, Devkinandan Consultants recommends investors to buy Raj Oil Mills with a stop-loss of Rs 114 for intra-day target of Rs 134. Source : IRIS 02:36 PM Thursday , 13 August Vikash Agarwal, Head - Research, Devkinandan Consultants recommends investors to buy Sesa Goa with a stop-loss of Rs 228 for intra-day target of Rs256. Source : IRIS 02:35 PM Thursday , 13 August Vikash Agarwal, Head - Research, Devkinandan Consultants recommends investors to buy Bharat Seats with a horizon of 3-4 month target of Rs 23. Source : IRIS 02:34 PM Thursday , 13 August Vikash Agarwal, Head - Research, Devkinandan Consultants recommends investors to buy Exide Industries with a horizon of 3-4 month target of Rs 150. Source : IRIS 01:25 PM Thursday , 13 August Buy Prism Cement with targets of Rs 65 and then 79, says Ashwani Gujral, technical analyst. It has support at Rs 48, he adds. Source : CNBC TV18 01:24 PM Thursday , 13

August 12th 2009 Stock Update

02:08 PM Wednesday, 12 August Rajesh Jain of SMC Global Securities recommends investors to hold IDFC with a target of Rs 133-140 and keep a stop-loss of Rs 120. Source : ZEE BUSINESS 02:07 PM Wednesday, 12 August Sell Patel Engineering with a target of Rs 357-348 and stop-loss of Rs 389, says Mitesh Thakkar, technical analyst. Source : CNBC TV18 02:06 PM Wednesday, 12 August Rajesh Jain of SMC Global Securities advises investors to hold PVR with a target of Rs 135 where one can exit and keep a stop-loss of Rs 100. Source : ZEE BUSINESS 02:05 PM Wednesday, 12 August Mandar Jamsandekar, technical analyst recommends investors to hold Hotel Leela with a target of Rs 35-44 and keep a stop-loss of Rs 28. Source : NDTV PROFIT 01:13 PM Wednesday, 12 August Mandar Jamsandekar, technical analyst recommends investors to hold HDIL with a target of Rs 266-275 and then Rs 330 and keep a stop-loss of Rs 237. Source : NDTV PROFIT 01:05 PM Wednesday, 12 August Vikash Agarwal, He

Aug 10th 2009 Stock Update

02:49 PM Monday , 10 August MB Singh, technical analyst recommends investors to sell JP Hydro on any rally with a stop-loss of Rs 65. Source : ZEE BUSINESS 02:47 PM Monday , 10 August Buy IOC with a target of Rs 575 and stop-loss of Rs 540, says Neera Jain of crnindia.com . Source : CRNINDIA.COM 02:46 PM Monday , 10 August MB Singh, technical analyst recommends investors to buy Bajaj Hindustan around Rs 184 with a short-term target of 195, medium-term target of Rs 205 and stop-loss of Rs 176. Source : ZEE BUSINESS 02:05 PM Monday , 10 August Hitendra Vasudeo, technical analyst recommends investors to hold Pidilite and exit at its resistance levels of Rs 158-170 and then Rs 208-225. Source : CNBC AWAAZ 01:52 PM Monday , 10 August MB Singh, technical analyst recommends investors to buy Firstsource around Rs 28 with a short-term target of 32, medium-term target of Rs 40 and stop-loss of Rs 26.50. Source : ZEE BUSINESS 01:44 PM Monday , 10 August Pankaj Jain of Sa

Auguest 6th stock update

01:00 PM Thursday , 06 August Vikash Agarwal, Head - Research, Devkinandan Consultants recommends investors to buy State Bank of Bikaner & Jaipur with a horizon of 3-4 month target of Rs 853. Source : IRIS 12:58 PM Thursday , 06 August Vikash Agarwal, Head - Research, Devkinandan Consultants recommends investors to buy Aurobindo Pharma with a horizon of 1 month stop-loss of Rs 530 target of Rs 808. Source : IRIS 12:54 PM Thursday , 06 August Vikash Agarwal, Head - Research, Devkinandan Consultants recommends investors to buy Asian Paints with a horizon of 1 month stop-loss of Rs 1,279 for intra-day target of Rs 1,656. Source : IRIS 11:01 AM Thursday , 06 August Ashwani Gujral, technical analyst advises investors to buy Sesa Goa with targets of Rs 300 and higher. It has support at Rs 225, he adds. Source : CNBC AWAAZ 10:59 AM Thursday , 06 August Technical analyst, MB Singh recommends investors to hold RIL with targets of Rs 2,100 and then 2,400. Keep stop-loss

Aug 4th 2009 Stock Update

01:48 PM Tuesday , 04 August Prakash Gaba, technical analyst recommends investors to hold Value Industries with target of Rs 24-25. Keep stop-loss of Rs 14, he adds. Source : CNBC AWAAZ 01:46 PM Tuesday , 04 August Vikash Agarwal, Head - Research, Devkinandan Consultants recommends investors to buy Bharat Forge with a stop-loss of Rs 233 for intra-day target of Rs 258. Source : IRIS 01:07 PM Tuesday , 04 August Technical analyst, Simi Bhaumik recommends investors to hold Peninsula Land with targets of Rs 80 and then 88. Keep stop-loss below Rs 62, she adds. Source : ZEE BUSINESS 01:06 PM Tuesday , 04 August Nitin Murarka of SMC Global advises investors to buy IDFC above Rs 143 with stop-loss of Rs 130. Keep short-term target of Rs 170 and long-term target of Rs 200, he adds. Source : ZEE BUSINESS 01:05 PM Tuesday , 04 August Prakash Gaba, technical analyst recommends investors to hold Reliance Petroleum with target of Rs 155-160. Keep stop-loss of Rs 120, he adds.

Aug 3rd Stock Update

02:57 PM Monday , 03 August Hemen Kapadia, technical analyst recommends investors to hold Shree Renuka Sugars with target of Rs 192. Keep stop-loss of Rs 170, he adds. Source : CNBC AWAAZ 02:34 PM Monday , 03 August Neera Jain, technical analyst recommends investors to buy Sterlite Industries with target of Rs 740. Keep stop-loss of Rs 600, she adds. Source : CNBC AWAAZ 02:23 PM Monday , 03 August Vijay Bhambwani, technical analyst advises investors to buy Suzlon Energy only when it comes down to Rs 84. Source : CNBC AWAAZ 02:22 PM Monday , 03 August Technical analyst, MB Singh recommends investors to buy Firstsource Solution at Rs 22 with target of Rs 45. Keep stop-loss of Rs 19, he adds. Source : ZEE BUSINESS 02:20 PM Monday , 03 August Neera Jain, technical analyst advises investors to buy Cairn India with target of Rs 255. Keep stop-loss of Rs 230, she adds. Source : CNBC AWAAZ 02:19 PM Monday , 03 August MB Singh, technical analyst recommends investors to bu