SHREE GANESHAY NAMAAH !

Nifty not out of woods yet, to break on downside: Experts

Sensex vulnerable to FY13 downgrades: Emkay Global

ONGC says net profit to dip below Rs 10000cr this fiscal

The Indian market, extending Friday’s rally, outperformed the global peers. It was a day for the bulls as the markets held on to their gains from the word ‘go’, pushed ahead by stable global cues. !

The Nifty powered ahead of the 4,900 mark to close at 4,979, up 91 points. The Sensex too saw a rally of 324 points to close at 16,557. !

Calls !

HPCL :
    HPCL had underperformed the market over the past one month till 7 October 2011, falling6.24% compared with the Sensex's 4.88% fall. Higher crude oil prices will increase under-recoveries of state-run oil marketing companies (PSU OMCs) on domestic sale of diesel, LPG and kerosene at controlled prices. The government has already freed pricing of petrol. Above Rs. 372, we can see the tgt of Rs. 386 to Rs. 400 with sl of Rs. 360 ! 

EXIDE IND. :
            Exide Industries Ltd has informed BSE that a Meeting of the Board of Directors of the Company will be held on October 20, 2011, to consider and approve the Unaudited Financial Results of the Company for the quarter ended September 30, 2011 For Q2, the counter is weak below Rs. 127, for tgt of Rs. 120 to Rs. 114, With sl of Rs. 136 !  

Past Performance !

BHARATI AIRTEL
It can fall more below Rs. 350, for tgt of Rs. 340 to Rs. 325, with sl of Rs. 365 ! Made Low Of Rs. 343.75 N Close Call SL Triggered @ Rs. 365 !

TISCO
It can go up to Rs. 445. with sl of Rs. 410, currently it close @ Rs. 419.70 ! It Made High Of Rs. 436.40, N Close @ Rs. 433.25, Revised SL To Entry Price !

INFOSYS LTD
Before Result it may touch to Rs. 2650, with sl of Rs. 2448, Currently it close @ Rs. 2508.70 ! Made High OF Rs. 2600, Close @ Rs. 2589.95, Revised SL To Entry Price !

Reliance Ind
Reliance Ind ALL TGT RIL CLOSING ABOV 805 CAN TAKE TO 833 ! Made High Of Rs. 834, Close @ Rs. 832.35 !

October Month (2011) : 
Open : 4874.40
High : 4991.15
Low : 4728.30
Close: 4999.30
Avg. : 4896.79

Future Expiry Month (2011) : 
Open : 4999.80
High : 5031.00
Low : 4725.55
Close: 4993.30
Avg. : 4937.41

Yearly (2011) : 
Open : 6177.45
High : 6181.05
Low : 4720.00
Close: 4993.30
Avg. : 5517.95

NIFTY FUTURE 

R5 : 5095
R4 : 5065
R3 : 5040
R2 : 5025
R1 : 4995

CMP: 4993.30

S1 : 4988
S2 : 4858
S3 : 4936
S4 : 4918
S5 : 4902

Market Updates : 

Amtek Auto leads gainers in 'A' group

Sun TV Network, Educomp Solutions, Tata Motors and TTK Prestige are amongthe other gainers.

Amtek Auto galloped 12.69% to Rs 131.40 and topped the gainers in the BSE's 'A' group. The BSE upgraded the stock to group A from group B with effect from today, 10 October 2011 as part of its periodic revision on various companies based on their marketcapitalization.

Sun TV Network jumped 10.21% to Rs 288.15 after gyrating between Rs 235.05 and Rs 305.25. The stock was second biggest gainer in 'A' group. The stock extended prior two days' 18.75% gain. The stock today, 10 October 2011, shrugged off news of Central Bureau of Investigation (CBI) registering a case under the Prevention of Corruption Act against Sun TV Network and also against Kalanidhi Maran, chairman of Sun TV Networkin connection with the controversial Aircel-Maxis deal.

The CBI has charged former telecom minister Dayanidhi Maran with criminal conspiracy, corruption and bribery in relation to allegations he helped rig the granting of telecomlicenses when he was telecom minister between February 2004 and May 2007. Kalanidhi Maran and Dayanidhi Maran are brothers. CBI has also filed charges under anti-corruption law against Maxis Communications Bhd. founder T. Ananda Krishnan. Similar charges were also filed against Astro All Asia Networks PLC, and Maxis Communications Bhd. as well as Maxis senior executive Ralph Marshall in the same case. CBI said in a press release that searches are being conducted at nine places in Delhi and Chennai at the premises of the accused persons.

The Maran brothers, Aircel, Sun TV Network and Sun Direct TV have previously denied any wrongdoing.

Educomp Solutions gained 8.99% to Rs 277.70 and was the third biggest gainer in 'A' group. The stock extended prior two day's 8.84% gain.

Tata Motors advanced 7.4% to Rs 170.55, extending Friday's 7.73% surge triggered by easing of euro-zone debt worries. The stock was fourth biggest gainer in 'A' group. UK unit, Jaguar Land Rover, generated 57% of Tata Motors' revenue for the year ended 31 March 2011, up from 53% a year earlier.

TTK Prestige rose 7.4% to Rs 2814.25 and was fifth biggest gainer in 'A' group. The company's net profit surged 54.63% to Rs 33.71 crore on 51.85% growth in net sales to Rs 303.48 crore in Q2 September 2011 over Q2 September 2010. The company announced the results during trading hours today, 10 October 2011.

Market rallies for the second day in a row; breadth strong

Sensex vaults 4.8% in 2 trading sessions as euro-zone debt worries ease

The market breadth, indicating the overall health of the market, was strong. On BSE, 1,692 shares rose and 1,095 fell. A total of 124 shares were unchanged.

From the 30-share Sensex pack, 25 rose and the rest fell. Jindal Steel & Power, Sun Pharmaceutical Industries, Cipla and L&T fell by between 0.51% to 1.38%

Note : Data From Capital Market And Money Control !

Note : Kindly Trade With Stoploss !