STOCK BUZZ

Buy for Aug 1st Buy Cairn>242.1,247,252 sl 238.8 Buy GMR Infra>97.1,100,103 sl 93.9 Buy BOB>261.3,264,272 sl 256 Buy Siemens>550.1,556,565 sl 546.8 Buy Punj LLyod>271.1,276,281 sl 268.9 Buy Tata chemical>324.1,327,335 sl 319

do you know how long it takes to build a refinery. The Saudis are flush with cash and don’t know what to do with it. Hence they are building stuff that nobody needs. By the time they complete building their refineries, we would have moved beyond the peak oil debate with dwindling Saudi supplies. I would bet on the Bania survival skills over any machinations coming from the middle east.

The Saudis have just declared that they will be building four new, modern large refineries in the next three years. Kuwait has already started building a mega fourth refinery. The Saudis have declared that in future, they will export only petroleum and allied products NOT crude oil, which is logical. So where will he get sufficient crude when these new refineries come up? Venezuela? The freight costs would be too high. Will he build one in Venezuela or Peru? The region is famous for inviting foreign companies and then “nationalizing”, once they are on stream. Hence long term having a refinery with no captive crude supply is simply un viable, similar to having a mega steel plant with no mines for ore.

Though I have never invested in the shares of Reliance Industries, my recently gleaned understanding of the world petroleum scenario has made me respect the company’s vision in its refining projects. As I mentioned once earlier, RIL’s existing refinery, and the one nearing construction, reportedly have unparalleled flexibility to process heavy, high-sulphur (so-called sour) crude, especially that emanating from Iran. This crude sells at a huge discount to other crudes; once it is refined into diesel, though, RIL is able to sell the resultant distillates, especially diesel, into a world market which is thirsty for such products. Most mature consumers, the US especially, have made no investment in refining capacity over the last 2 decades, and strategic thinkers in the petroleum industry go so far as to say that RIL’s investments are changing the pattern of world flows in petroleum and petroleum products. For this reason, I have recently turned from a bear on RIL to a mildly positive neu...

Monday Recap : Bombay dyeing gave a profit of Rs 1680, GMR did not reach the entry price, Selan exploration gave a profit of Rs 1000 and Cairn gave a profit of Rs 550 for every 100 shares traded as per given tip. Buy Bombay Dyeing>665.1,668,678,690 sl 659.8 Buy Cairn>231.1,234,240 sl 228.9 Buy Renuka sugars>128.6,130.55,135 sl 124.9

Buy for July 28th Buy Bombay Dyeing>663.1,668,678,690 sl 658.8 Buy GMR Infrastructure>97.1,99,103 sl 93 (In case it trades above this set up then stock will target Rs 115-120 levels). Buy Selan Exploration>257.1,266,271 sl 254.8

The global economy has been going through a phase of slowdown. Reigning high crude prices, escalating costs and fears of recession have cast a cloud of uncertainty over the IT spends of clients. Given such a backdrop we advise investors to shift their portfolio to large cap IT stocks. Buy Infosys: 1600, 1650, 1675. SL 1400. Wipro: 400, 420, 450. SL 300

Market Recap : JP associates reversed just 10 paisa before the entry price set up and thus trade was not executed, Kolte patil reversed after margimnal profit of Rs 50 and Reliance capital gave a profit of Rs 6700 for every 100 shares traded as per the tip given. Buy Neyveli Lignite >108.5,110.5,113 sl 106.8 Buy Power grid >96.55,97.7,99.8 sl 94 Buy NTPC >185.1,186.8,188,191 sl 183

The market will be volatile ahead of the trust vote in parliament. IF govt loses vote of confidence then sell below the support levels for Sensex and Nifty. However vote of confidence is post market hours tomorrow. Buy JP associates >170.1,175 sl 166.5 Buy Reliance capital >1130.1,1143,1162 sl 1125 Buy Kolte patil >60.1,62,66 sl 59

The Market in past few weeks has been swinging between Bull and Bear territory, although Bears have ruled the market place for some time now. The analysts at stockpm had very intense teleconference today regarding the markets and world economy as a whole. It was concluded from the meeting that there is no new good news in the market. With failures of Banks on the Wall street, failure of Mortgage companies in US, political instability in India and with double digit inflation its pretty difficult to find a sector that will outperform at the Dalal street. However, even in these dark times, analysts here have a found silver lining. From the conference today, it was concluded that information technology (IT) sector will be the first one recover and real estate markets will be the last one to recover. Hence, Today's long term buy is Tata Consultancy at 780, 790, 810. Sl 710. Hold until Nov or Dec. A fall in Indian rupee and increase in outsourcing in US will push this stock higher.

Market will be Green Today. Today is perfect day for Intraday Trading. Oil per Barrel went down by $6 and Technology, Automobile industries were doing good. This is good Sign for India Market to touch 13k . Buy INFOSYS and Reliance Industries for Long term. Buy RNRL in first 30 mins as soon as market open and sell them before end of day.

Financial markets are expecting their quarter 2 results soon, Big players like Citibank, Lehman Bros, JP Morgan and others are under wall street's pressure to beat analyst's expectation. Fannie Mai are looking for funding from FED. Considering world Financial Market situation,Asian market performance will be impacted . Be careful with Market and use stop loss for any transactions. STOCKPM suggest to watch market today and wait for tomorrows tip

Market for July 14th National and global scenario suggests a wait and watch attitude and I will call it as Narsimah Rao posture where he used to take no action when even action was warranted and non taking of action also yielded returns. Sell Infosys

Buy GMR Infra>95.1,98,100,103 sl 92.8 Buy Punj Llyod>231.1,239,243,250sl 225

Buy Cairn India Ltd. 240, 260 ,270. sl 230.

Left sources say that the Left has taken a decision to withdraw its support to the UPA. It will issue a formal statement on withdrawal of support shortly. The Left will approach the President tomorrow. If the nuclear deal goes ahead, companies like L&T, BHEL, NTPC, Areva T&D, Alstom Projects, Rolta, HCC, ABB, Crompton Greaves, Siemens stand to gain. L&T L&T has done engineering, procurement and construction projects for nuke power plants. It is currently working on the 2,000 MW Kudankulam nuclear project. The company will get into mainstream nuclear projects if the deal goes through. L&T’s talks with Toshibha failed. It entered into a recent tie-up with Mitsubishi for super critical boilers. The Mitsubishi technology would be used for Nuclear Power Corp. L&T may leverage its relationship with Mitsubishi for its other nuclear business. BHEL BHEL supplies up to 500 MW of equipment to Nuclear Power Corp. It is looking for a tie up manufacturing equipment of up ...

Market will not see any great bull return for a long time. Even if we see any short time gains, that will be wiped out by quick bear return due to many factors like high commodity prices and rising inflation. Buy ACC limited 489, 490, 500. Sl 430.

I have been bullish on Noida Toll Bridge and it is giving us an opportunity to accumulate a quality stock at reasonable valuation. 2. It is a slow and steady investment which will bear fruit. The stock has support at Rs 28-29, and these supports can be used to buy the stock with an investment horizon of two years to get good returns. Subscribe Here to Get Free tips for Potential Stocks.

Its time to look for long term investment. Reliance Industries Ltd. 2150, 2200, 2250. Sl 1900. Hold until first quarter 2009. Reliance has always been good to the investor. Expect some returns once you see the bulls return.

Markets will continue to move to lower levels, however, they might see a few upticks on its way down. Tata Steel Ltd. 690, 700, 710. sl 630.