: Daily Market Outlook:

Daily Market Outlook: 3rd February 2012 (Friday)

 

 

Shorting Opportunity in

Crompton Greaves

Crompton Greaves Ltd has reported extremely bad results for quarter ended Dec 2011 with Pat of 77 crores as against market estimates of Rs
140 crores. Fundamentally, scrip looks overpriced. Scrip should come down to Rs 112 to 118 levels in coming days.

Hence, investors may SHORT SELL immediately.
Those who SHORT SOLD Alstom at our sell call must have made decent
money as scrip came crashing down even when market was going up

HEMANT K GUPTA (Mumbai � Email : am.mehta.95@gmail.com)

SREI Infrastructure Finance Ltd. Bond issue

Extended for 35 days (revised closing date to 6th March 2012)

Grey market Premium/Kostak prices of IRFC & HUDCO Bond started

For more information Scroll down to primary market column

Most buzzing stocks (Today)

Co. Name

CMP

Co. Name

CMP

Coal India

322.00

JSW ISAPAT

13.33

Tata Elaxsi

221.45

Hitachi Home

123.00

Pantaloon

170.00

J.K. Lakshmi

48.00

JSW Steel

702.85

Syndicate Bank

99.00

MOIL

270.90

Central Bank

81.00

Reliance Ind. Infra

490.00

Prime Focus

59.00

Dr. Reddy

1631.00

Alok Industries

20.00

Bharti Airtel

385.00

Link Pen

49.00

Sesa Goa

232.00

Finolex Industries

55.00

Gail

388.35

UCAL Fuel

76.00

 

 

Company Name

Recomm

CMP

Stoploss

Target Price

Nifty

Buy

5273

5231

5299 to 5311

Ranbaxy

Buy

460

454

469 to 476

TCS

Buy

1154

1145

1165 to 1172

Indian Hotel

Buy

70

68.50

73 to 76.50

Parthiv Jhaveri (Mob. 09824333800) yahoo ID: parthivj

Market to open in RED

Markets likely to remain volatile during the session

Mid cap stocks may in focus

 

Sector Watch:

Mid Cap Banking, Power Distribution, Auto Ancillaries & Packaging

Sector Avoid: Metal, FMCG & Insurance Related Stocks

 

Company Name

CMP

Company Name

CMP

Coal India

322.00

JSW Steel

702.85

Tata Elaxsi

221.45

MOIL

270.90

Pantaloon

170.00

Reliance Ind. Infra

490.00

Gitanjali Gems

311.15

Opto Circuit

246.00

Educomp

234.00

U.B. Holding

90.00

Engineers India

234.00

Jai Corp.

86.00

Reliance Infra

552.00

 

 

By: D. K

Company Name

Co. Name

Recomm.

CMP

Dr. Reddy

Buy

1631.00

Bharti Airtel

Buy

385.00

Sesa Goa

Buy

232.00

Gail

Buy

388.35

Ambuja Cement

Buy

169.00

BPCL

Buy

575.00

DCB

Buy

43.00

Sell Stocks for Today

Escorts

Sell

78.00

Arvind

Sell

92.00

SREI Infra

Sell

32.00

Unitech

Sell

25.00

Apollo Hospital

Sell

597.00

Tata Steel

Sell

475.00

Escorts

Sell

79.00

Coromandal International

Sell

260.00

Sterlite Industries

Sell

124.00

IDFC

Sell

131.00

Piramal HC

Sell

419.00

HUL

Sell

390.00

Titan

Sell

194.00

Glenmark Pharma

Sell

292.00

Bajaj Finserv

Sell

454.00

 

Company Name

Company Name

CMP

Company Name

CMP

JSW ISAPAT

13.33

Syndicate Bank

99.00

Hitachi Home

123.00

Central Bank

81.00

J.K. Lakshmi

48.00

Prime Focus

59.00

United Bank

70.00

Dena Bank

71.00

Neyveli Lignite

92.00

Essar Port

65.00

Orchid Chemical

173.00

Omnitech Info

134.00

Madras Cement

125.00

IL&FS

205.00

Power Grid

105.00

Godrej Industries

207.00

Anant Raj Industries

64.00

Cosmo Films

88.00

Manappurm Fin.

59.00

Kaveri Telecom

145.00

Sadbhav Engg.

138.00

Rushil Deccor

164.00

Visakha Industries

78.00

Fortis HC

105.00

 

By: D. K

Company Name

Company Name

CMP

Company Name

CMP

Alok Industries

20.00

Finolex Industries

55.00

Link Pen

49.00

UCAL Fuel

76.00

Sundram Multi

45.00

 

 

 

 

Astro View

 

1. weakness in oil & gas, telecommunications stocks expected, metal, fertilizer, railways stocks still positive

2. Crude oil looks weak in commodity market

Daily recommendation

Sell Cairn India (339.70) with s/L Rs 342 target Rs 336, 333

Sell RCOM (96.70) with stop loss Rs 98 target Rs 95, 94

BUY Ranbaxy (456.35) s/L 452 target Rs 459. 461

Commodity & Forex: Weakness in crude oil expected

Good Luck to You Lt Col Ajay 09414056705, 0141-2568292 www.astromoneyguru.com

www.futurebazaronline.com watch online TV channel of Col Ajay at web site every day 11 to 11.30

Today Listing

SREI Infrastructure Finance Ltd. Bond issue remain unsubscribed still last date

Extended for 35 days (revised closing date to 6th March 2012)

IPO / NCDs / Bond News - Dt.: 3-2-2012

(www.smartinvestment.in)

Company Name

Open

Date

Close

Date

Issue Size

Offer

Price

Rating

Recomm.

SREI Infra

(Tax Saving Bond)

31-12-2011

6-3-2012

(Revised)

 

(Rs. 300 Cr.)

1000/-

(Per Bond)

38 %

Average

L & T Infra Fin.

(Tax Saving Bond)

10-1-2012

11-2-2012

 

(Rs. 300 Cr.)

1000/-

(Per Bond)

40 %

Good

IDFC

(Bond Issue)

11-1-2012

25-2-2012

 

(Rs. 4400 Cr.)

10,000/-

(Per Bond)

39 %

Average

HUDCO

(Bond Issue)

27-1-2012

6-2-2012

 

(Rs. 4684.72 Cr.)

--

42 %

Good

IRFC

(Bond Issue)

27-1-2012

10-2-2012

 

(Rs. 6300 Cr.)

--

41 %

Excellent

Grey Market Premium (Dt. 3-2-2012)

www.smartinvestment.in

Company Name

Offer Price

(Rs.)

Premium

%

Kostak

(Rs. 1 Lac

Application)

Kostak

(Rs. 5 Lac

Application)

NHAI

1000

17 to 18

--

--

PFC (Bond)

1000

16 to 17

--

--

Hudco

1000

5 to 6

--

--

IRFC

1000

4 to 5

1300 to 1400

6500 to 700

Listing Review

Co. Name

BSE

Code

Offer

Price

Listing

Date

Listing

Price

Prakash Constrowell

533605

138

4-10-11

145.00

RDB Rasayans

533608

79

7-10-11

85.00

Tijaria Polypipes

533629

60

14-10-11

62.00

One Life Capital

533632

110

17-10-11

115

Flexituff International

533638

155

19-10-11

155

Taksheel Solutions

533639

150

19-10-11

157.40

M & B Switchgears

533644

186

20-10-11

180.00

Vaswani Industries

533576

39.20

(XB Rate)

24-10-11

33.45

Indo Thai Securities

533676

74

2-11-11

75.00

Good News: For more details regarding IPOs & Grey market premiums

Refer our SMART INVESTMENT Weekly Publications

English Edition (Every Sunday) Rs. 12/- Only

Gujarati Edition (Every Sunday) Rs. 20/- Only

Available all over India

E-mail edition of our above publications are available

On the same day to the subscribers

This website designed & developed by Fyl-fot Solution
Website Hit Counter

Wine bars
Disclaimer: Investing in any equity is risky. Our recommendations are based on reliable & authenticated sources believed to be true & correct, and also is technical analysis based on & conceived from charts. Investors should take their own decisions. We assume no responsibility for any transactions undertaken by them. The author won't be liable or responsible for any legal or financial losses made by anybody.
Disclosures: At the time of writing this article, author, his clients & dependent family members may have positions in the stocks mentioned above. The author, his firm, his clients or any of his dependent family members may make purchases or sale of the securities mentioned in website. Author may have positions in above stocks so have vested interest obviously in their going up or down as the case may be.