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Website inauguration offer...! 5days only..!! MASTER PACK (OPTION,PURE NIFTY,CASH,BTSTSTBT,JACKPOT,DELIVERY ) MONTHLY Rs:2000 QUARTERLY (3MONTHS) Rs:3500 HALF YEARLY (6MONTHS) Rs:6000 YEARLY (12MONTHS) Rs:10000 Click For Bank details After deposit please sms ur name,mob Mob:09495740510 or info@buzibiz.com Weekly Review :- The key indices didn't move much during the week as concerns about soaring inflation offset stronger than expected IIP data and positive announcements on PSU disinvestment. Even stellar results from IT giant Infosys and other leading lights of India Inc. failed to cheer up the bulls. At the same time, select Small-Cap and Mid-Cap stocks continued to outperform the frontline counters. Next week again things may remain volatile even as the earnings announcements accelerate and investors weigh their options. The Nifty might conquer the 5300 milestone but will face resistance in its journey to 5400 and beyond. On the way down, it will find support at 5200 and 5100. The road ahead will not be smooth and one will have to deal with several road blocks. So, stay on guard and wait for more clarity before jumping the gun. The US markets will be shut on Monday in observance of the Martin Luther King Jr. holiday. Among the key US data points to keep an eye on will be the reports on Housing Starts and Building Permits. China will come out with its latest GDP data, along with reports on CPI and industrial production. A slew of economic reports are also due from the UK and European markets. As far as India is concerned, no major economic report is scheduled, except for the weekly inflation in Food and Fuel baskets. Q3 Results - Next Week :- 3i Infotech, Asian Paints, BASF India, Bharti Airtel, BHEL, Biocon, Container Corporation, Dr. Reddy's, Godrej Consumer, Gail India, GTL Infra, Grasim, HDFC, HDIL, HT Media, HCC, Hindustan Zinc, ICRA, ITC, ICICI Bank, Idea Cellular, Indiabulls Real Estate, Infotech Enterprises, Jaiprakash Associates, JSW Steel, Jubilant Organosys, Kotak Mahindra Bank, KPIT Cummins, L&T, Mindtree, MRPL, Mahindra Holidays, M&M, Mahindra Lifespaces, Maruti Suzuki, Neyveli Lignite, ONGC, Punj Lloyd, Piramal Healthcare, Philips Carbon Black, Praj Industries, Petronet LNG, Polaris Software, Reliance Industries, SRF, Sesa Goa, Shriram Transport, Sterlite Technologies, Shree Cements, Sun TV, Tata Power, Tech Mahindra, TVS Motor, United Spirits, Wipro, Welspun Gujarat, Welspun India, Yes Bank and Zee Entertainment. Stock Beeps 17/01/10 -Hindustan Copper leads gainers in 'A' group -IDBI Bank advances on higher Q3 net profit -Axis Bank hits 52-week high after healthy quarterly earnings -Automotive Axles accelerates on robust Q1 numbers -Shipping stocks set sail on rally in Baltic dry index -Strong Q3 outcome generates interest in HDFC Bank -IndusInd Bank banks on robust quarterly earnings -UCO Bank capitalises on strong Q3 numbers -Maruti Suzuki recovers on a likely hike in car prices -Overseas acquisition buzz sweetens Shree Renuka Sugars -Bombay Dyeing strikes 52-week high as promoter revokes pledged shares -GTL Infrastructure slips on profit booking -DS Kulkarni Developers slides as promoter pledges additional shares -Tata Metaliks jumps 10% in three days on turnaround Q3 results -CMC hardens on higher Q3 net profit -Divestment hopes catapult PSU stocks -Maharashtra Seamless gains on new order win -Engineers India soars as Govt plans 10% stake sale -Overseas order boosts Hanung Toys -R.Com gains as unit gets nod for IPO 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 |
Weekly Review 17/01/10
1:22 AM
bullishmumbai
Posted in
Prem market analysis 11/01/10
12:56 AM
bullishmumbai
| The first week of 2010 started off nicely for the markets with indices closing near 22-month-high. On the BSE, the Sensex ended 0.43 per cent or 75 points higher at 17,540 and the Nifty on the NSE inched up by 0.84 per cent or 44 points to 5,245. However, the real action was in midcap and smallcap stocks, both the BSE Midcap and smallcap indices moved up by 3.4 per cent and 4.1 per cent. Strong FII buying and positive comments from the Prime Minister that India will return to 9-10 per cent growth rate kept the sentiment positive. Whether the market can sustain and bui-ld on last year's gains will depend on corporate earnings, the government's willingness to keep reforms on fast track and no negative surprises from global markets. Near-term direction of markets will depend on third quarter earnings season. For the week ahead, chartists predict a trading band of 17,160-18,000 for the Sensex and 5,080-5500 for the Nifty. Immediate supports exist at 17,320 and 17,080 and 5,160 and 5,080. Expect resistance to the indices on upside at 17,740 and 17,960 and 5,330 and 5,420. The directional movement could be negative in short term, if the indices fall below 17,200 and 5,175. The movement of indices in narrow range clearly indicates that individual stocks would do better than the indices. A strong rupee triggered selling pressure in IT stocks. However, the results of Infosys will set the tone for the sector in the week ahead. Savvy players are buying into Wipro, OFSS, Tech Mahindra, Moser Baer and Mphasis. Buy Mphasis for a target price of Rs 825. The profit booking in auto stocks likely to be short lived. Use sharp declines to accumulate Ashok Leyland and M&M. Metal and cement stocks are likely to continue their upward journey after a mild sell off. Ahead of RBI's credit policy review, heightened activity indicated in banking counters. Buy private banks like Axis Bank and Kotak Bank for short term gains. Realty stocks are beginning to show good strength. Hold Unitech, IBREL and DLF for gains. Among the side counters, India Infoline, Petronet LNG, Sun TV, Nagarjuna Const. and HCC are good for a target of Rs 175, Rs 90, Rs 390, Rs 195 and Rs 185. Sebi's plan to standardise lot sizes for F&O stocks would make it convenient for the traders to remember lot sizes and improve volumes in the derivative segment. @====================================@ 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 @====================================@ << Don't forget to bookmark it. Ctrl+D Please visit daily, I update my site many times a day....!>> |
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