Pure Nifty: August 2009

PUT YOUR POST TITLE HERE
PUT SOME DESCRIPTION OF YOUR POST HERE
PUT YOUR POST TITLE HERE
PUT SOME DESCRIPTION OF YOUR POST HERE
PUT YOUR POST TITLE HERE
PUT SOME DESCRIPTION OF YOUR POST HERE
PUT YOUR POST TITLE HERE
PUT SOME DESCRIPTION OF YOUR POST HERE
PUT YOUR POST TITLE HERE
PUT SOME DESCRIPTION OF YOUR POST HERE

BUY from 4300-4330

8:36 PM

bullishmumbai

BUY from 4300-4330

The markets, as predicted, crashed badly from Thursday's highs of 4570 (although didnot go upto 4650 which I initially thought) and is almost near my target level of 4330. It closed at 4372 (nifty futures) yesterday.

Now, the following things would probably happen....

1. The current bearish nature completes at 4326 (+/- 30 points) and overall bullish wave becomes a very strong one.. The bullish wave takes the form a 'W' and moves towards the target line of 4900 (Nifty Fut) by the 1st week of September (maybe on 7th).

2. In the process, the current uptrend line from March 2009 will remain maintained. Please check Nifty charts at your end and verify. BUT dont think that the uptrend is because of that. Maintaining a trend is not the reason. Its only an outcome. The main reason is the wave....

3. This time Nifty will surely move past the 61.8% retracement that market participants were taking as strong resistance level at 4670. Nifty will move past it and force everybody to get into fresh longs and that will be the time when it will actually collapse. Will update those in the process. But, the levels have already been created in the charts with specific date targets this time......

4. After many days, I am observing panic developing in the system. The India VIX is again rising and thereby indicating panic somewhere 45 days down the line......So stay tuned to this blog for future updates......

Meanwhile.......
Simply buy around 4300-4330 on Nifty futures or 14631 on Sensex (+/- 100 points).....
Target 4900 NF and 16100 on Sensex.....
No stop loss will be given today....Will update if required.....

:::FREE SMS CHANEL:::

"Just send one SMS and Get LIFE TIME FREE SMS ALERTS"

For News and Jokes TYPE : JOIN FunMantra Send to 567678

For Hot world ,Business News TYPE : JOIN CNBCNEWS Send to 567678

For FREE STOCK MARKET TIPS TYPE : JOIN BUZIBIZ Send to 567678

NOW FunMantra 26,425++ Members

http://labs.google.co.in/smschannels/subscribe/BUZIBIZTIPS
OR
JOIN BUZIBIZTIPS Send to 98708-07070

BUZIBIZ

Looking for local information? Find it on Yahoo! Local

Posted in

NSE will introduce 39 new stocks to the F&O

11:07 PM

bullishmumbai

NSE will introduce 39 new stocks to the F&O segment from 21st August 2009.They are ABG Shipyard, Akruti City, Asian Paints, Balaji Telefilms, Concor, Core Projects, Deccan Chronicle, Dish TV, Everonn, Firstsource, GSPL, GTL Infrastructures, HCL Infosystems, Indiabulls Real Estate, ICSA, KLG Systel, KS Oils, MIC Electronics, Mindtree Consulting, Mercator Lines, Monnet Ispat, MRF, Nava Bharat Venturs, Noida Toll, Opto, Orbit Corp, Prism Cem, PTC, Reliance Ind Infra, Sintex, SREI, Thermax, Torrent Power, TV18, UCO Bk, UTV, Voltamp, Walchandnagar

Love Cricket? Check out live scores, photos, video highlights and more. Click here.

Posted in

HAPPY INDEPENDENCE DAY!!

10:48 AM

bullishmumbai

"Long years ago we made a tryst with destiny, and now the time comes when we will redeem our pledge, not wholly or in full measure, but very substantially. At the stroke of the midnight hour, when the world sleeps, India will awake to life and freedom. A moment comes, which comes but rarely in history, when we step out from the old to the new, when an age ends and when the soul of a nation, long suppressed, finds utterance.... We end today a period of ill fortune, and India discovers herself again."

- Jawaharlal Nehru
(Speech on Indian Independence Day, 1947).

---------------------------------------------------

On 15 August 1947, India attained freedom from the British Rule. Every year, August 15 is celebrated as the Independence Day in India. This national festival is celebrated with great enthusiasm all over the country.

The Prime Minister's speech at the Red Fort in Delhi is a major highlight. Patriotic presentations by school children add colors to the celebrations.

The preparations begin a month in advance. Roads are decorated with flags and buntings. Buildings of national importance are illuminated.

NATIONAL FLAG OF INDIA

The national flag, a symbol of free India, is a horizontal tri-colour of saffron,
white and green. The wheel in its centre, is a replica of the chakra,
which appears on the abacus of Ashoka's pillar.
The flag was adopted on July 22,1947 and presented to the nation on August 15, 1947.

The color saffron, stands for courage, sacrifice and renunciation.

White, symbolizes truth and purity
"truth in our speech and purity of thought"

Green represents life, faith and chivalry.

The 24 spokes of the wheel are multiples of 8, representing the noble precepts of the Eight-Fold path, taught by the Buddha. The wheel itself denotes unceasing motion and progress.

---------------------------------------------------

The first cabinet of ministers

Jawaharlal Nehru->Prime Minister, External and Commonwealth Relations, Scientific Researches.

Sardar Ballavbhai Patel->Home, Information and Broadcasting, States

Maulana Abul Kalam Azad->Education

Dr.Rajendra Prasad->Food and Agriculture

Sardar Baldev Sing->Defence

Jagjivan Ram->Labour

C.H.Bhava->Commerce

R.A.Kidwai->Communication

Rajkumari Amrit Kaur->Health

Dr.B.R.Ambedkar->Law

S.Chetty->Finance

Dr.S.P.Mukherji->Industries and Supplies

N.V..Gadgil->Works, Mines and Power.

--------------------------------------------------

National Anthem of India

Jaana Gaana Maana Adhinayaka Jayehe
Bharata bhagya vidhata;
Punjaba Sindhu Gujarata Maratha,
Dravida Utkala Banga,
Vindhya, Himachala, Jamuna, Ganga,
Ucchhala Jaladhitaranga;
Taba Shubha Naame Jaage
Taba Shubha Ashish Maage
Gaye taba jaya gaatha.
Jaana Gaana Maana Adhinayaka Jayahe
Bharata bhagya vidhata;
Jaya he Jaye he
Jaya Jaya Jaya Jaya he.

HAPPY INDEPENDENCE DAY TO ALL MY FELLOW INDIANS
HAPPY INDEPENDENCE DAY TO ALL NON-INDIANS

National Anthem of India Click 4 VEDIO !!
--------------------------------------------------

See the Web's breaking stories, chosen by people like you. Check out Yahoo! Buzz.

Posted in

Su-Raj Diamonds & Jewellery Ltd

8:52 PM

bullishmumbai

Su-Raj Diamonds & Jewellery Ltd. 38/-; TARGET 65

Su-Raj Diamonds & Jewellery Ltd Trading in NSE (Code : SURAJDIAMN – EQ) & BSE (Code : 507892) at 38/-in B Group. Target 65 & 85/- for short term & 125/- for Medium Term. Safe Investment at 38/ In this Market correction time because its very good Valuable stock at 38/- EPS 13.5/- and Book Value 165/-PE Just 3. and good dividend paying company; Every year giving 20% dividend.

Very Valuable stock at current Market Situation; Market NIFTY will touch 4,950 and Sensex will touch 16,500 within 2 to 3 weeks time. Reasons FII's are Bullish on markets; and companies Dividend giving time and AGM's time. Use this market correction for buying good value stocks. So happily Buy at current price at 38/- and sell at 65/- to 85/-. Risk free investment at 38/- ; Because EPS 9.5 for 2008-09 and Frist quarter of this year 2009-10 was annulised EPS was 13.5 PE just 3. Good Dividend giving company ; Every year 20% dividend.

Su-Raj Diamonds & Jewellery Ltd , Trading in NSE & BSE at 38 /- in B Group. This is 10/- FaceValue . Daily accumulating company circle people. And Daily grabbing with Mumbai BIG BIG Bulls also because of Now stock is available at very very cheep price at 38/- Annual EPS 9.5/- for 2008-2009, with PE 4 only. And Company Estimated EPS for 2009-10 is 15/-, As per this EPS PE only 3; Narmally in worst condition also PE will at 12 for this Industry. If we take 12 PE It will go Rs. 175/- +++.

Book Value 165/-; EPS 9.5/- for 2008-09 and Estimating EPS for this year 2009-10 is 15/-. Company Given Net profit of 14 Cr for 1st Quarter of 2009-10 with 766 Cr Turnover and EPS of 13.5 Annualized and Full year Estimating EPS is 15/- for 2009-10; Equity 43 Cores.

Share Holding Pattern:

Promoters Holding 54%, Private Corporates 11% ,Forign Instituions 19.6%; Public only 8%; Others 7%
Su-Raj Diamonds & Jewellery Ltd doing very good, Company having World-class expertise in Diamond and Jewellery manufacturing.

Company having good Infrasture in Bangalore, Kolkata, Cochin, Goa, Chennai, Surat and Jodhpur; Good Value for this company; Per share its coming around 178/- value property.

Core business activities of the Company are:

Manufacture and export of gold, silver & platinum jewellery studded with diamonds, colour stones and semi precious stones as well as plain jewellery. Manufacture and export of polished diamonds.

'Su-Raj' is derived from contraction of two names viz. Suresh and Rajnikant, the founders of Su-Raj Group in the early Sixties. It has cruised through the vicissitudes and emerged as a value addition enterprise in quest of the fast lane.Su-Raj Diamonds And Jewellery Limited (Formerly: Su-Raj Diamonds (India) Limited), the flagship Company of the Group was incorporated on 10th September, 1985 as a Public Limited Company.

The Company offered its shares to the public in the year 1986 and became the first Company in the Industry opted for Public Issue in India . This was a unique footstep in an Industry where traditional business environment exists.

In an industry where market reputation is the key asset, the company has carved a niche for itself with its professional set-up and transparent operations. This aspect distinguishes Su-Raj from all other Companies in the Industry. The Company is an Industry leader in inculcating professionalism in the Company's management and operations and has instituted computerized management information systems. Moreover, the Company is consistent in upgrading these systems in line with technological developments.

The Company's operations are universal in scope and global in spread covering all facets of diamond and jewellery manufacture and trading in rough and polished stones, at all key locations worldwide. With the state of the art manufacturing facility coupled with high expertise of craftsmen the Company is able to create the finest jewellery exquisitely studded with sparkling diamonds. Robust infrastructure facilities of the Company with self sufficient manufacturing capability makes it a distinct and a major force in the Industry. During the successful operations of over two decades the esteemed clients of the Company have admired and appreciated the excellence as well as the constant endeavours to make the products continuously surpass the Industry standards. The Company identified the tremendous potential of the jewellery business and expects to be able to grow in multiples in jewellery.

Possitive Points for this stock for Up moving:

1) Company doing very good; Company in Diamond and Jewellery manufacturing.

2) Mumbai Bulls and Operators are accumulating at current price. Daily above 70% delivery Positions.

3) Company given very good results EPS 9.5/- PE only 4 for this year 2008-09;

4) Company Projected EPS for 2009-2010 is 15/-as per this PE just 3; Industry PE 12 as per this stock will go to minimum 100/- ++++

5) Good Dividend paying company Every year 20% dividend giving.

6) Good valueable Property and assets in Bangalore , Kalkatta , Cochin , Surat , Chennai, Goa and Jodhpur .

7) Good Book value at 165/-

Enter current price at 38/- Short term Target 65/- & 85/-Medium Term Target 125/-Strong Fundamentals.

Looking for local information? Find it on Yahoo! Local

Posted in