Wednesday, June 17, 2009



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Intraday calls for 18-06-09

Posted: 17 Jun 2009 08:54 PM PDT

Markets likely to be volatile. Nifty has support at 4350.. if we trade below this level for some time, we could see further downside. Buy Castrol around 360, target: 372. Stoploss: 356. Sell Reliance Capital below 895, target: 870. Stoploss: 908. View M...

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RNRL may intervene in RIL-NTPC case

Posted: 17 Jun 2009 07:23 AM PDT

Close on the heels of the Bombay High Court’s gas supply judgement in its favour, Anil Ambani group firm Reliance Natural Resources (RNRL) is all set to intervene in another case related to gas supply between Mukesh Ambani-led RIL and state-run power producer NTPC. “RNRL will...

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Buy Great Offshore, target of Rs 454: SKP Securities

Posted: 17 Jun 2009 07:22 AM PDT

SKP Securities has recommended a buy rating on Great Offshore, with a price target of Rs 454, in its report dated June 16, 2009. “GOL has forayed in to port management and single point mooring operations by acquiring 100% equity stake in two Hydrabad based companies KEI-RSOS Mariti...

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Buy Madhucon Projects, target of Rs 246: Angel Broking

Posted: 17 Jun 2009 07:21 AM PDT

Angel Broking has recommended a buy rating on Madhucon Projects, with price target of Rs 246, in its report dated June 15, 2009. “Madhucon Projects stock has outperformed the BSE Sensex significantly (by 25.2%) in CY2009 YTD, which is in line with our expectation as the stock had s...

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Accumulate Crompton Greaves, target of Rs 306: Angel

Posted: 17 Jun 2009 07:20 AM PDT

Angel Broking has recommended an accumulate rating on Crompton Greaves, with price target of Rs 306, in its report dated June 12, 2009. “It is pertinent to note here that during April 2005 - June 2009, CGL traded at an average discount of about 48% to the forward rolling P/E of ABB...

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Accumulate Wipro on dips; target Rs 500: Bonanza

Posted: 17 Jun 2009 07:19 AM PDT

Bonanza has recommended to accumulate Wipro on dips near Rs 395 with a medium term target of Rs 500 in its report dated June 16, 2009. “Wipro is the second largest IT service vendor in the Indian Market behind IBM. We expect the company to leverage its strong presence in India and ...

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Cummins has target of Rs 300: Bonanza

Posted: 17 Jun 2009 07:09 AM PDT

Bonanza has recommended long term investors to stay invested in Cummins. Fresh entries can be made only on dips, near Rs 230 level for a target of Rs 300. “Cummins India Limited (CIL) is a 51 percent subsidiary of Cummins Inc. USA, the world's largest independent diesel engine de...

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Sensex sheds 435pts; Realty, metals weigh

Posted: 17 Jun 2009 06:02 AM PDT

The Sensex today opened flat at 14,978, up 20 points. However within a fraction of a second the index slipped into the negative and exhibited sideways movement in morning trades.The index rebounded into the green and touched a high of 14,996. The Sensex however failed to hold gains owing ...

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Daytrading tips Day-trading calls

Posted: 17 Jun 2009 02:02 AM PDT

Best daytrading tips, intraday stock calls, free BTST stock calls daily, most accurate intraday calls, swing calls, nse bse technical levels visit: Read More..

HDIL, Sobha shareholders’nod for fund raising

Posted: 17 Jun 2009 01:58 AM PDT

Housing Development and Infrastructure Limited (HDIL), a Mumbai-based developer, today said its shareholders have passed resolutions to raise upto $ 600 million (Rs 2880 crore) through a qualified institutional placement (QIP) of shares to institutional investors. The proceeds are expect...

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