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| INTRADAY OUTLOOK US Markets ended positive on Friday.Dow Jones ended up 23 points and Nasdaq ended up 21 points Europe markets ended positive. Asian markets trading mixed. Expect Indian Markets to open flat and trade rangebound. Nifty: (5109) the support for the Nifty is at 5080 - 5010 and the resistance to the up move is at 5157 -5181 STOCK BEEPS -3G auction scheduled to be completed by March Says Raja -Bank of Rajasthan board approves QIP of Rs 250 crore -Edserv proposes to raise $500 million via ADR/GDR/FCCB -GVK Power buys 17% stake in BIAL from L&T for Rs 686 crore, ups its stake to 29% -GMR to raise Rs 13,000 crore for power & road projects -Elantas Beck India delisting offer at floor price of Rs 219.10/share (CMP: 472) -Apcotex Ind buy back at maximum Rs 90/share (CMP: 80) -Tata Motors starts signing land deal for Nano project in Sanand -The Aga Khan Fund to lower it's holding in DCB from 24.68% to 10% in next 3-4 years to adhere with regulations – Mint -Corus to shut 3 plants in UK following failure to find alternative long-term buyer, to result in loss of 1700 jobs versus earlier estimate of 2300 -Tata Motors in focus, Jaguar's UK sales at 1463 Units in November; Growth of 50% -State Bank of Mysore approves draft letter of rights issue (Rs 600 crore) -Alstom - Bharat Forge JV sets up facility to manufacture 5000 MW Power equipments at Mundra Port and Special Economic Zone -Octant Interactive Board meet on December 8 to consider demerger of the finance division into separate company (stock dn 5%) -NTPC signs gas sale agreements with GAIL, IOCL, BPCL -NuTek Board meet today to consider stock split INTRADAY BEEPS BUY LITL TARGET 600 SL 585 BUY GSPL TARGET 109 SL 97 BUY ICICI BANK TARGET 885 SL 867 BUY ESSAROIL TARGET 152 SL 143 BUY OPTO CIRCUIT TARGET 227 SL 218 BUY JM FINAN TARGET 47 SL 41 BUY KARNATAKA BANK TARGET 135 SL 126 BUY JB CHEM TARGET 61 SL 52 BUY TVTODAY TARGET 148 SL 138 @====================================@ We started new yahoo groups and free msgr service Please join with BUZIBIZ http://finance.groups.yahoo.com/group/purenifty/ New Yahoo msgr ID : buzibiz@ymail.com www.buzibiz.com @====================================@ |
INTRADAY OUTLOOK 07/12
8:43 PM
bullishmumbai
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