Active Call :
(12/08/11 12:38:35 PM) : AGAIN BANK NIFTY 10185, CLOSING BELOW 10150 ! MAJOR PANIC EXPECTED ! Now New Low 9756 (9.56 Am on 18th August 2011) ! Just In 3 Trading Session !


Market snaps three-day losing streak; breadth weak

Mkt snaps losing streak but experts in no mood to celebrate

It was a very volatile session of trade for the Indian equity markets, which reflected similar global cues.


STOCKS TO WATCH FOR SHORT TERM :

*UNITECH CMP 27.60, SL 24.50, 1ST TGT 30.50-- 2ND TGT 33.*

*RELCAP CMP 413.15, SL 388, 1ST TGT 468-- 2ND TGT 514.*

*SUZLON CMP 37.10, SL 33, 1ST TGT 42-- 2ND TGT 45.*

*SAIL CMP 106.55, SL 100, 1ST TGT 114 -- 2ND TGT 118.*

(*) SL On Closing Basis !


Market Updates : 

Jubilant FoodWorks leads gainers in 'A' group

Apollo Tyres, Shriram Transport Finance Company, TCS and Hero MotoCorp are among the other gainers.

Food service company Jubilant FoodWorks spurted 4.54% to Rs 948, extending its gains to 20.43% in three sessions from a recent low of Rs 787.20 on 11 August 2011. The stock today, 17 August 2011, topped the gainers in the BSE's 'A' group. Strong Q1 result has lifted the counter. The company's net profit rose 51.64% to Rs 23.17 crore on 60.03% rise in net sales to Rs 216.86 crore in Q1 June 2011 over Q1 June 2010.

Apollo Tyres rose 3.99% to Rs 58.60 on bargain hunting after the stock corrected 20.52% in three sessions to Rs 56.35 on 16 August 2011, from a recent high of Rs 70.90 on 10 August 2011. The stock was second biggest gainer in 'A' group.

Non-banking finance company Shriram Transport Finance Company jumped 3.29% to Rs 619.15 on bargain hunting after the stock corrected 8.20% in two sessions to Rs 599.45 on 16 August 2011, from a recent high of Rs 653 on August 2011. The stock was third biggest gainer in 'A' group.

India's largest IT company by sales TCS galloped 3.13% to Rs 1,004.55. The stock was fourth biggest gainer in 'A' group.

India's largest motorcycle maker by sales Hero MotoCorp rose 2.80% to Rs 1,937.85. The stock was fifth biggest gainer in 'A' group

BSE Small-Cap, Mid-Cap indices extend recent steep losses

Bargain hunting after recent heavy losses in share prices helped the key benchmark indices edge higher. Intraday volatility was high. The BSE Sensex jumped 109.86 points or 0.66%, off close to 160 points from the day's high and up close to 130 points from the day's low. Index heavyweights Reliance Industries (RIL) and ICICI Bank hit 52 week lows. Auto major Tata Motors also hit 52-week low. Hindalco Industries, Tata Steel, Tata Power Company, too, hit 52-week lows. Reliance Communications hit a lifetime low.

Realty stocks extended recent losses on worries higher interest rates could dent demand for residential and commercial properties. Realty major DLF hit 52-week low, extending Tuesday's (16 August 2011) sharp losses triggered by a hefty Rs 630-crore fine imposed by the competition regulator for abusing dominant market position. Another realty major Unitech also hit 52-week low. Auto stocks fell on concerns higher interest rates could crimp sales of automobiles. FMCG stocks gained on renewed buying. IT stocks rose for the second straight day on bargain hunting after recent sharp losses. Many construction stocks edged lower.

August (2011) : 
Open : 5544.45
High : 5557.10
Low : 4951.00
Close: 5066.75
Avg. : 5279.83

Yearly (2011) : 
Open : 6202.10
High : 6209.90
Low : 4951.00
Close: 5066.75
Avg. : 5607.44

NIFTY FUTURE 

R5 : 5160
R4 : 5132
R3 : 5114
R2 : 5095
R1 : 5082

CMP: 5066.75

S1 : 5060
S2 : 5040
S3 : 5018
S4 : 5000
S5 : 4982

Market snaps three-day losing streak; breadth weak

Weak opening of European stocks pulled Indian shares into the red in afternoon trade but the market soon regained positive zone. Intraday volatility continued as the key benchmark indices pared gains once again after regaining strength in mid-afternoon trade as lower European stocks weighed on sentiment. The market strengthened again in late trade.

As per provisional figures, the BSE Sensex was up 123.09 points or 0.74% to 16,854.03. The index fell 21.96 points at the day's low of 16,708.98 in afternoon trade. The Sensex jumped 269.44 points at the day's high of 17,000.38 in mid-morning trade.

The S&P CNX Nifty was up 27.30 points or 0.54% to 5,063.10 as per provisional figures. The Nifty hit a high of 5,112.15 and a low of 5,017.25 in intraday trade.

BSE clocked turnover of Rs 2383 crore, higher than Rs 2108.63 crore on Tuesday, 16 August 2011.

The market breadth, indicating the overall health of the market, was weak. On BSE, 1,956 shares fell while 894 shares rose. A total of 92 shares remained unchanged.

Among the 30-share Sensex pack, 19 rose and the rest fell.

Auto stocks fell on concerns higher interest rates could crimp sales of automobiles. Purchases of automobiles, including that of cars, utility vehicles and commercial vehicles are substantially driven by financing.

India's largest small car maker by sales Maruti Suzuki India fell 3.07% on reports that the company has cut production of most of its models, including the best selling Alto, by 5% due to slump in demand in the domestic market. Maruti today, 17 August 2011, unveiled its much awaited sportier and stylish car, new Swift. The new Swift is priced in the range 4.22 lakh to 5.53 lakh for petrol variant and 5.17 lakh to 6.38 lakh in diesel variant.

Speaking at the launch of the new Swift, Shinzo Nakanishi, Managing Director and CEO, Maruti Suzuki said, "We have launched the new Swift at a time when there was significant demand for the ongoing model. In keeping with the Swift's iconic status, we had to ensure that the brand continues to offer the latest and the best in terms of features, design, performance and aspiration. I am confident that the new Swift will create new benchmarks with its improved fuel efficiency, stylish and sportier looks and high performance."

FMCG stocks edged higher. ITC, Hindustan Unilever, Dabur India and Britannia Industries gained by between 1.26% to 2.33%.

IT stocks rose for the second straight day on bargain hunting after recent sharp losses. India's largest software services exporter TCS gained 3.68%. India's second largest software services exporter Infosys rose 2.52% to Rs 2449.15. The stock had hit 52-week low of Rs 2,343.70 in intraday trade on Friday, 12 August 2011. India's third largest software services exporter Wipro rose 1.03% to Rs 344.25. The stock had hit 52 week low of Rs 337.35 in intraday trade on Tuesday, 16 August 2011.

Realty stocks extended recent losses on worries higher interest rates could dent demand for residential and commercial properties. Purchases of both residential and commercial property are largely driven by finance. D B Realty, Indiabulls Real Estate, Anant Raj Industries and HDIL shed by between 0.07% to 7.06%.

Unitech fell 0.72% to Rs 27.55. The stock hit 52-week low of Rs 26.60 today.

India's largest real estate developer by market capitalisation DLF fell 6.03% to Rs 177.60, extending Tuesday's 5.92% losses triggered by a hefty Rs 630-crore fine imposed on the realty major by the competition regulator for abusing dominant market position. The stock hit 52 week low of Rs 173.40 today. The Competition Commission of India's (CCI) verdict on Friday, 12 August 2011, came after an owners' association said DLF had imposed arbitrary, unfair and unreasonable conditions on them. The Belaire Owner's Association, representing the buyers of apartments in a DLF project in Gurgaon, New Delhi, alleged the developer had planned to build 19 floors in 36 months, but instead had built 29 floors, which disadvantaged existing buyers and led to delays.

The penalty of Rs 630 crore equates to 7% of DLF's average revenue in its last three financial years. In its complaint, the Belaire Owner's Association said the fall-out of the delay was that the hundreds of apartment allottees have to bear huge financial losses, as while on one hand, their hard-earned money is blocked, on the other hand, they have to wait indefinitely for occupation of their respective apartments.

Most Asian stocks fell on Wednesday, 17 August 2011, as fresh concerns about Europe, including disappointing quarterly euro-zone and German growth reports, inflamed concerns about the global economy and as US stocks snapped a three-day winning streak on Tuesday, 16 August 2011. The key benchmark indices in China, Singapore, Japan, Indonesia and Taiwan fell by between 0.15% to 0.73%. The key benchmark indices in Hong Kong and South Korea rose by between 0.38% and 0.68%.

US index futures were volatile. Trading in US index futures indicated that the Dow could fall 6 points at the opening bell on Wednesday, 17 August 2011. US stocks fell on Tuesday after three days of gains when a meeting between the heads of France and Germany failed to quell fears about euro zone leaders' ability to contain the region's sovereign debt woes.

Fitch Ratings on Tuesday confirmed the United States' top-notch credit rating and, in blatant disagreement with rival Standard & Poor's. Fitch also kept a stable outlook on its US AAA rating, less than two weeks after S&P downgraded the United States to AA-plus with a negative outlook. The agency said, however, it will revisit its decision at the end of the year.

Note : Data From Capital Market And Money Control !

Note : Kindly Trade With Stoploss !