• Vol. 3 • Issue : 24 • Date : 08-08-2010 to 14-08-2010 • Editor : Narendra Joshi • Sub.

Editor : Sharad Kotak • Mobile:9825065387 •

•• Address : 115/991, Nirmal Apartment, Telephone Exchange Road, Naranpura, Ahmedabad -380013 • Phone : 27451449 ••

IT IS MARKET OF VOLUME NIFTYSOMEWHERE

STOCK NOT 3 ANALYSIS ON 9 DOWN TREND:
CORRECTION IS SEEN
13
STOCK MARKET PRICE

Astromoney guru A. Shivkumar Trading Guide

CRITICAL SUPPORT AT 5344
- 07/08/2010. reversal will be points on a weekly closed with the week daily charts both the if both the indices
The support at 5344 signaled and the basis. Similarly Nifty with a gain of 72 points. indices have formed a close below their
continues to provide market will then head opened the week at On the weekly small black body respective higher
strong support to the towards the next 5369, made a high of charts both Sensex and spinning top, which is bottoms i.e. Sensex -
market. This level has major support N i f t y a neutral formation. 17838 and Nifty - 5349.
managed to hold the which is at Sensex h a v e Hence the onus will lie In such a case a short
market for the past 17373 and Nifty formed a on the market term down trend will
three weeks and as a 5210. big white movement on be triggered and the
result it has become a T E C H N I C A L LY b o d y Monday. market will then head
critical support level. SPEAKING. candle. Sensex and Nifty towards next major
Currently the support The Sensex Nifty has have formed higher higher bottom which is
level for Sensex is at opened the week at managed bottoms at 17838 and at Sensex 17373 and
17833 and Nifty 5344. 17911, made a high to form a 5349 respectively as Nifty 5210. One need
In case the market of 18295, a low of bullish compared to Sensex not worry about the
breaches the above 17911 and closed the 5487, a low of 5351 and Harami pattern if we 17373 and Nifty 5210. medium term as long
mentioned levels, a week at 18143. The closed the week at consider last two The short term trend as the level of 17373 for
short term trend Sensex gained 275 5439. The Nifty too weeks candles. On the will be in danger only Continue on ....7

Weekly Review for the Week RELIANCE group stocks

underperforming after comprise &
July 9th to 13th 2010 Nifty below 5380 Caution
Nifty: (5439) regions and the market achieved. Nifty (5439) has could have negative confirmed only below
Sensex: (18144) still is sluggish in the Technically the closed positive implication could set- 5350. Breaking below
6.8. 10 coming weeks and level targets ere achieved and +72points breaking in, this market looks 5350 we can possibly
We said ‘Now the of even 5225-5100 is the market is also finding previous see 5200 & 5070 on
selling pressure near the fancy 5477 to A.K. the downside. Nifty
Weekly higher levels and so I make it 5487 long term moving

Review
would not be surprised
if the market remains
till Nifty is Prabhakar average supporting
not able to Equity Analyst market 200DMA
sluggish… Website:
PRAKASH GABA close above info@akprabhakar.com which 5126 and
CFT, MSTA (Londen) The crucial support 5525 on 3- akprabhakar.equity@gmail.com 100DMA is 5238
A professional Technical Analyst and a for the Nifty is 5350- 4days closing www.akprabhakar.com without close below
Trader based in Bombay & Runs his own 5225- 5100 and strong basis then rising wedge weak technically and 5300 for 2-3days major
consultancy http:// www.prakashgaba.com resistance at 5493
Email:prakashgaba@hotmail.com in rising market which weakness can be Continue on .......8
Tel : 093222-10907 -5511

market looks a bit not ruled out’

The support for the
Sensex is at 18000- 09825065387
uncomfortable despite Well the market 17850-17500-16950 and
closing above the crucial reached once again a strong resistance at GET LIVE STOCKMARKET
support of 5350 and I high of 5497 which is 18356 From a trading
would say that the very close to our target point of view I would ADVISE BY SMS
market has a selling of 5493 and to a great continue to book profits RS. 1000 PER MONTH,
pressure in the upper extent the target is on the way up VISIT http://www.theeconomicrevolution.com/subscription
08-08-2010 to 14-08-2010 3

It is market of stock Breakout not sustaining

not stock market but below 5340 only
If you are stock day
trading out
addiction, you are
of
come under greed or
panic some time while
if you are investing
Therefore check your
horoscope with finical
astrologer only not
caution advised
Nifty has closed cent high at Rs 1840
unintentionally through mutual funds with any astrologer
higher 71 points at 1950. Now it consoli- MAX (Rs
flushing your money then NAV of particular about your fate first
5439 this week and dates near current 162.75):-
down the toilet. You mutual funds is not before trading.
it has not been This stock
Active trading is
able to sustain has remained
exciting. With great
risk comes the
above 5477 Hot Talk steady in spite
potential for great
which was pre-
vious 52-week
Tanmay G of market ral-
lies or market
reward, and this
reward is usually met
high. As long as PurohitCFA falls too, actu-
it maintains Ph: 98506 95994 ally it is show-
with the release of the EMail: tgp81@in.com
above 5340 the ing accumula-
chemical dopamine in
trend should be Web Blog : www.tanmaygopal.com tion formation
the trader's brain. The
r e g a r d e d where now vol-
presence of this
higher, below that levels and fall below umes are also
chemical means that
deeper correction Rs 1750 may bring started coming. It
might not realize it, shown every minute trading is more than
towards 5200 is not more selling into the looks good for 8-
rationalizing your at TV , you think you just a psychological
ruled out. c o u n t e r 10% rally at least.
"investment" options are saved . While if addiction-it can
LT (Rs 1801):- Sell Rs 1810-1815 Buy Rs 161-163 for
as you watch your stock market is up actually border on a
The stock has fallen for target Rs 1750, target Rs 172, keep
wealth dwindle with then only you're Units physical one. These
sharply from its re- keep stops above Rs stops below Rs 155.
each trade. Regardless of mutual funds is up are the same
of your investment since it under lock in characteristics of a 123456789012345678901234567890121234567890123456789012345678901212345678901234567890123
123456789012345678901234567890121234567890123456789012345678901212345678901234567890123
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style, you must rein in period so you remain gambler. Another 123456789012345678901234567890121234567890123456789012345678901212345678901234567890123
emotion if you expect invested in mutual similar characteristic Nifty
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l o n g - t e r m funds. If you apply between trading and 123456789012345678901234567890121234567890123456789012345678901212345678901234567890123
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profitability
investments. In this
in same technique in
your stock investment
gambling is the
potential for a quick
Sup. 5400
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123456789012345678901234567890121234567890123456789012345678901212345678901234567890123
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123456789012345678901234567890121234567890123456789012345678901212345678901234567890123
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article, I'm going to then you may earn buck, or easy return of 123456789012345678901234567890121234567890123456789012345678901212345678901234567890123
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share with you the many folds as compare money. Exacerbating
similarities between to any mutual funds. this is the fact that it's NIFTY VIEW
typical addictions and Only thing you should possible to receive a Nifty has support at 5400 resistance at 5500 & 5580.Nifty is
stock market avoid two things disproportionate still bullish with respect to weekly chart. Investor should buy on
a d d i c t i o n s . Greed and panic while amount of return decline.
Recognizing these trading in stock through the use of
characteristics is your market. margin and leverage. SOME STOCKS FOR POSITIONAL BUY
first step to I am not against Another problem with
conquering the mutual funds but addictions like trading
addiction, and will invest in stock market and gambling is STOCKS SUP. S. L TARGET
result in greater as per your choice and perpetuation, a form
profitability, addiction test is more safe. If of passive ABIRLNUVO 800 790 850
or not. Active trading you use finical enablement. With
has a higher degree of astrology you may each passing trade,
ONMOBILE 270 250 210…330
perceived control earn better since you the addiction is ROLTA 170 165 180…185
than passive trading, are advised to invest reinforced, regardless
and this can be as per your stars .As of whether the trade TTML 22 20 26
dangerous. It's one of per Astro-economics was a failure or
the arguments traders stars play very success. A successful VIDEOIND 220 210 240
make against using important role to trade brings about the
mutual funds. The every individual to desire for a repeat WELCORP 245 240 260
argument is that by become wealthy and performance, while a
active trading, one can healthy. You have failed trade brings BALRAMC 82 80 88
nimbly trade around seen that about the need for
market circumstances Once again it is not redemption or to GRASIM 1850 1820 1950
that funds cannot. you who earn to make back that lost
Forget that the fund loose, it is your stars amount. Let's not lose FOR ACCURATE STOCK MARKET PREDICTIONS
manager is more make you to earn or sight of our goals.
qualified than the loose, otherwise Trading is about
trader 99 times out of same terminal, same making money, plain http//www.astrostocktips.in
100. When you invest advice many earn and simple. But to
in stock market and many loss what is this? make money, you TEL NO
keep watching ups and It is your fates which have to realize the 9810018438- 9810056543
down movement you make you to earn. Continue on ........8

VISIT : www.theeconomicrevolutiohn.com for latest infromation

08-08-2010 to 14-08-2010 5

NEXT WEEK TREND DECIDER

READY FOR BREKOUT EITHER SIDE
The Sensex leapt Ben Bernanke’s F o r e i g n but they began sagging term view last week medium-term target
above the jinxed statement following it institutional investors again as the week and had arrived at the of 18,356 and then
18,000 mark last will set the course for continued to support
Monday, aided by stocks over the short- stock prices over the
strong auto sales term. Investors also past week while
numbers for July and need to monitor the domestic institutional
pick up in monsoon
rains. Though there
was a perceptible
deceleration
thereafter, the index
managed to close the
week above this level.
Small-cap stocks
joined the ongoing
party in a big way last
week; some surfacing
from a multi-year
hibernation to feature dollar movement. The were selling p r o g r e s s e d . conclusion that this 19,271. Minor counts of
in the top gainers list greenback has been incessantly. Turnover Momentum indicators view is turning the move from May
on BSE. spiralling lower against in the derivative in the weekly chart are positive. The medium- low of 15,960 also give
As the earnings other currencies over segment was muted trudging sideways in a term trend in the us a likely target
season peters out, the last two weeks. though open interest narrow band since last Sensex however around 18,600 and
Indian stocks will Erosion in value of this is already nudging Rs August reflecting the continues to be beyond that at 19,300.
increasingly turn their safe haven asset can 1.5 lakh crore. sideways trend in the sideways. If we In other words, the
eyes outward for cues. accelerate funds Oscillators in the index over the consider the e-wave Sensex could meet its
The FOMC meeting inflows into high daily chart moved in to medium-term. counts of the move nemesis again in the
and the Federal growth economies bullish region in the We had briefly from February low, the zone between 18,300
Reserve Chairman, Mr such as ours. beginning of the week reviewed the long- index has the Continue on ......8

NOW SOME PAGES OF THE ECONOMIC

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08-08-2010 to 14-08-2010 7
Lion’s Roar Cont. from Pg. 1
the Sensex and 5210 up to down, if the Sell signal as % K has continues to be at 27 high of 18295 last strike of 5600. The data
for the Nifty remains 50dma is breached. cut % D from above. justifying the strength week, which is almost clearly suggests that
intact. 50dma for the Sensex While the OBV and RSI in its uptrend. The just below the 78.6% the Nifty is likely to
As long as the is at 17618 and Nifty continues with their Directional Indicators level of 18315. move in a trading range
continue to be in buy Since last October, from 5300 on the lower

INDEX LEVELS :
S3 S2 S1 CLOSE R1 R2 R3
Nifty 5300 5344 5390 5439 5477 5525 5568
Sensex 17678 17833 17990 18143 18265 18414 18566

LAST WEEK’S RECOMMENDATIONS

Majority of the recommended stocks reached their targets except
for M&M and Spice Jet. But the star performer of the past week
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was Bank of India and Jain Irrigation.
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STOCK
123456789012345678 Rec. Tgt Reached Lot Profit
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123456789012345678 price size
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Buy BoB 752 768 782 500 Rs.15,000
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Buy BoI 410 428 445 1000 1234567890123
Rs.35,000
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mode. the market is moving side to 5600 on the
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Buy M&M 661 675 670 250 1234567890123
Rs.2,250
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Both Sensex and in a rising channel and higher side for the
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Buy JainIrrig 1235 1272 1315 250 1234567890123
Rs.20,000
1234567890123 Nifty have completed the channel top has August series.
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1234567890123 a bullish flag pattern provided strong Sensex has strong
Buy SpiceJet 62 66 64 4000 Rs.8,000
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Total 1234567890123
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Rs.80,250 breakout and as a resistance to the trendline resistance
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1234567890123 result the target for market and that supply which is also the rising
that will be Sensex - trendline top falls at channel top at 18414.
THIS WEEK’S RECOMMENDATIONS : 18732 and Nifty - 5609. Sensex 18414 and Nifty The trendline support
If we look at 5525. Both the rising for the Sensex is at
STOCK CMP SL Tgt-1 Tgt-2 broader picture, then channel trendline top 17833.
Buy MundraPort 784 776 797 812 we are still correcting and the 78.6% Nifty has strong
Buy DishTV 49.80 48.50 51.70 54.10 the fall of the Sensex retracement levels are trendline resistance
from 21206 to 7697 and very near to each other which is also the rising
Buy BhushanSteel 1641 1624 1672 1704
Nifty from 6357 to 2252. and hence Sensex and channel top at 5525.
Buy HIndujaVent 450 438 477 505 Since both the indices Nifty are likely to find The trendline support
Buy LiC Hsg 1179 1165 1201 1224 have managed a close difficulty in crossing for the Nifty is at 5344.
above their 61.8% over 18315-18414 and For the week
market remains above 5287. buy mode. ROC retracement levels, 5 4 7 8 - 5 5 2 5 ahead, Sensex will find
the 20dma, the short Oscillators are continues in its buy the next possible respectively. Support at 17990-
term trend will remain painting a mixed mode by staying in the target will be Sensex The O.I.PCR is quite 17833-17678 and will
positive. The positive zone. 18315 and Nifty 5478 bullish at 1.59. Highest find Resistance at
20dma for the But the area of which are the 78.6% Open Interest build up 18265-18414-18566.
Sensex falls at WATCH OUT FOR concern is the retracement levels of is seen at 5300 strike For the week
the entire previous Put and hence it is ahead, Nifty will find
fall. Nifty has managed expected to provide Support at 5390-5344-
to reach 5478 two strong support in the 5300 and will find
weeks back, while the short term. Strong Call Resistance at 5477-
Sensex has managed a writing is visible at the 5525-5568.
Astromoney Guru Cont. from Pg. 3
difference between become a better speculators since
when you are trading trader. It is once again speculations has
and when you are that is market of stock different rules and
gambling. If you can not stock market. regulations and
successfully master Every body that trade trading and
that psychological through stock market investment carry
stumbling block, you are known traders or different rules and
will most definitely investors not the regulations.
Trad with Trend Cont. from Pg. 4
18019 and Nifty at picture. MACD negative divergence ING CALL BUY &
STRONG TECHNI- ( BSE CODE— ( BSE CODE—
5411. The continues in its Sell which is seen on the CAL BREAKOUT 511016 ) 506194 )
intermediate trend mode. Stochastic oscillators like MACD, KEEP STOPLOSS PREMIER CAPI- ARIHANT SUPER
will be reversed from oscillator has given a RSI and ROC. The ADX ALSO TAL SERVICES LTD STRUCTURES LTD

VISIT : www.theeconomicrevolutiohn.com for latest infromation

08-08-2010 to 14-08-2010 9

In n order to
Volume analysis on price
unless and until the recommend reviewing thoroughly, correctly and long held belief using the only tools
comprehend how the Volume Cycle the plethora of and consistently systems. Contradicting you’ll ever need – a
above statement (both Sequences reach threads already in annotate a chart across conventional chart and your own
in concept and in completion, the existence as I have no three separate trading orthodoxy and brain. Lastly, the
practice) represents a current Price Trend plans to engage in yet fractals. By learning to religious dogma, market speaks on
true and accurate cannot end. another long drawn see the visual cues when it comes to every single bar
assessment of market In general terms: if out Lincoln-Douglas, provided by Price and individual trader delivering its signals to
dynamics, a trader Volume is increasing, Presidential or Volume (Trend Lines beliefs, often creates the trader in a timely
and Gaussians), a an almost visceral fashion – and well in
trader can develop the response from those advance of the next
ability to see the Price who feel (for some trend. It turns out; one
/ Volume Relationship unknown reason) need not know how
at work. I expect a threatened by the long a particular trend
number of questions mere discussion of will last.
with respect to the alternative viewpoints One only need know
need for me providing than exposed in the the signals for when a
clarification on a mainstream literature. particular trend has
number of posts Again, I have no desire come to an end. As all
moving forward. to debate the validity trends overlap, where
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one trend ends, the
needs to understand then the Price Trend is A c a d e m i c 12345678901234567890123456789
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next trend begins.
the basic structure continuing. Such is the style debate. The basic principles
Rather than create 12345678901234567890123456789
Nifty for 09/08/2010 to 13/08/2010:
12345678901234567890123456789 involved in learning
yet another 12345678901234567890123456789
Nifty CMP-5439 [ Key for down trend
12345678901234567890123456789 The Price / Volume
Previous Week environment for 12345678901234567890123456789
is now 5330-5300 then target 5250-
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Relationship require
posting opinions or
12345678901234567890123456789
5220. for up move from here 5450] - no more than a few
performance sowing the seeds for 12345678901234567890123456789
Trend FLAT/Bearish paragraphs to
epic battles over 12345678901234567890123456789
12345678901234567890123456789 articulate.
Nifty for 02/08/2010 to 06/08/2010: d o g m a t i c The repeated
Nifty CMP-5367 [ Key for down trend philosophies, my goal Everyone should feel of that which I use to and consistent application
is now 5330-5300 then target 5250- here is to provide a
framework, for
free to post as
frequently as
trade on a daily basis.
Anyone who feels they
of those principles
5220. for up move from here 5420] - anyone with an onto the market
necessary in order to ‘know best’ or simply represents the bulk of
Trend FLAT/Bearish. interest, to learn how c o m p l e t e l y considers the
the effort required of
Scripts +ve side : IRB, COX&King, to learn to ‘see’ the comprehend the information already
Price / Volume various aspects of The presented devoid of the individual.
Elgiequipment, M&M and Relationship at work Price Volume value, should stop If u want to know
Tatachemicals as shown through the Relationship as reading immediately. about Technical analysis
Investment : Reliance fractal nature of all presented. I encourage To reiterate, this classes conducted by
Scripts –ve side : Bank stocks. markets. In other active participation thread will not teach me, send the details
words, this thread from those attempting you to trade. If you are about you to
i s n ’ t to learn. looking for a canned tipssbsense@yahoo.in
of all markets and how essence of the Price / a b o u t m e t e a c h i n g In addition, set of rules for entry I will revert back with
such markets operate. Volume Relationship. people to trade, everyone can expect and exit, look course details. Please
Since all markets Much debate has ‘calling’ trades or to see plenty of elsewhere. However, mention the reference
represent a fractal ensued over the years seeking converts to a information which this thread will teach as THE ECONOMIC
nature, it turns out, with respect to new religious cult. This flies in the face of you to learn how to
REVOLUTION
Mandelbrot had it right whether or not Volume thread is about the conventional wisdom teach yourself to trade
all along. By correctly represents helpful and individual trader
and thoroughly / or useful information developing the skills
applying a framework, with respect to needed, and the
National Aluminium FY10
in an effort to ‘see’ the understanding Price knowledge required,
various fractals change. In addition, to learn to trade based
operating on a market, those individuals on what
net profit dips 36%
a trader can begin to who do find value in t h e m a r k e t s a y s , Total Income has ended March 31, 2010 as compared to Rs
see the Price / Volume Volume analysis have instead of what the decreased from Rs 12722.70 mn for the
Relationship at work – long argued their trader believes (or I 56309.10 mn for the year ended March 31,
all day, every day. viewpoint for post). year ended March 31, 2009.
Succinctly, unless the best methodology So, what can one 2009 to Rs 55477.00 mn Total Income has
and until the for divining the expect from this for the year ended decreased from Rs
components of one information from thread? Over the next March 31, 2010. 56309.10 mn for the
fractal reach Volume itself. For few posts, I plan to N a t i o n a l year ended March 31,
completion, the next those interested in detail the fundamental Aluminium Company 2009 to Rs 55477.00 mn
slower fractal cannot continuing such building blocks used in Ltd has posted a net for the year ended
begin. It trading terms, discussions, I order for a trader to profit after tax of Rs 8142.20 mn for the year March 31, 2010.

IF NOT AVAILABLE IN MUMBAI CALL OUR DISTRIBUTOR : PHONE (022)30224757

08-08-2010 to 14-08-2010 11
DR. DIPESH GOHIL
Mo. 9727990980 OUR PERFORMANCE
veenmoney@gmail.com STOCKS REC. HIGH TGT
PRICE /LOW
NIFTY 5374 5483 3TAR. ACHVD.
BANK NIFTY 10126 10498 3 TAR. ACHVD.
CESC 395 403 1 TAR. ACHVD.
NAME : NIFTY CIPLA 326 127 2 TAR. ACHVD.
BUY ABOVE : 5442 CAIRN 335 348 3 TAR. ACHVD.
RES-1 : 5480 PATNI 469 431 3 TAR. ACHVD.
RES-2 : 5499
RES-3
SELL BELOW
SUP-1
: 5530
: 5442
: 5409
Time to go fishing
SUP-2 : 5375 Nifty has made a new high
SUP-3 : 5353 Dinesh bouncing from 5350, but it has not
managed to hold those levels mainly
due of lack of support of volumes and
NAME : BANK NIFTY Nagpal support from heavyweights like
BUY ABOVE : 10380 RELIANCE. Jesse Livermore one of the
RES-1 : 10450 Ph: 9830039085
EMail: bluechips4u@gmail.com best traders of all time has written
RES-2 : 10500 “There are times when I buy and only
RES-3 : 10580
SELL BELOW : 10380
SUP-1 : 10194
SUP-2 : 10095
SUP-3 : 10025

NAME : ONGC
BUY ABOVE : 1230
RES-1 : 1246
RES-2 : 1269
RES-3 : 1278 buy, there are times when I sell and only sell and there are times when I go
SELL BELOW : 1230 fishing.” The market currently is in that phase where there is no participation
SUP-1 : 1208 from large caps and volumes over all are very poor. Avoid large exposures
SUP-2 : 1192 in stocks both long and short, and keep a very strict stop loss. Nifty appears
SUP-3 : 1175 to be within the range of 5350 – 5475. Trade within the range and on direction
of breakout. Support for the week comes in at 5365 / 5290 / 5230. Resistance
comes in at 5500 / 5560 / 5635
NAME : SBIN Stock Picks for the week.
BUY ABOVE : 2620
RES-1 : 2635 Tech Mahindra (722)
RES-2 : 2650
RES-3 : 2662
SELL BELOW : 2620
SUP-1 : 2600
SUP-2 : 2590
SUP-3 : 2512

NAME : TATAMOTOR
BUY ABOVE : 893
RES-1 : 903
RES-2 : 911 The stock is not able to trade above its key moving averages. Short for a
RES-3 : 920 target of 685 with a stop loss of 740.
SELL BELOW : 893 MTNL (67.55)
SUP-1 : 882
SUP-2 : 871
SUP-3 : 842

NAME : TCS
BUY ABOVE : 864
RES-1 : 872
RES-2 : 880
RES-3 : 887
SELL BELOW : 864
SUP-1 : 858
SUP-2 : 852 After a recent phase of consolidation in daily charts the stock is again
SUP-3 : 842 showing signs of a rally. Buy for a target of 77 with a stop loss of 64.50

WE WEL COME ADVERTISE FOR THIS PLACE

08-08-2010 to 14-08-2010 13

NIFTY SOMEWHERE DOWN

TREND: CORRECTION IS SEEN
As previously present with investors Cairn India, SAIL,
indicated that nifty choosing to wait for Suzlon Energy, HCL
will have dome the crucial U.S. jobs Technologies, Axis
correction at the data. Hero Honda, Tata Bank and Siemens are
weekend, and have Steel, Tata Consultancy down with notable
losses. Tata Motors
rules firm with a sharp
gain of 3.6%. ITC, ACC,
GAIL India, HDFC, Jindal
Steel and Power Grid
Corporation are up 1%
- 2% on sustained
buying support. Idea
Cellular,
S u n
Pharmaceuticals,
Ambuja Cements,
Cipla, Mahindra &
some short towards Services and DLF are Mahindra and Unitech
5350. Previous week, down by 1.3% - 1.6% are up with modest
market shows some now. Hindalco and gains. IFIC has lost over
less movement with ONGC have lost 1.15% 6% on selling pressure.
good volume. This and 1.05% Andhra Bank, Oracle
indicates that respectively. State Financial Services,
investors are waiting Bank of India is down Federal Bank, Ashok
for time to book profit nearly a percent at Rs Leyland, Patni
or shorting of scrips. 2621. Reliance Computer Systems,
The Nifty is down 9.45 Infrastructure, Bharti United Spirits, IDBI
points or 0.17% at Airtel, BHEL, Reliance Bank, Bank of Baroda,
5437.65, well off the Industries, Sterlite Crompton Greaves,
day’s high of 5471.90. Industries, HDFBA, HDIL, Mangalore
Asian markets ended Larsen & Toubro, NTPC Refineries &
on a mixed note at the and Infosys Petrochemicals and
weekend. The trend in Technologies are also Syndicate Bank are
the European region is trading weak. Nifty also down with sharp
also a bit mixed at stocks Kotak Bank, losses.

INTERNATIONAL INSTRUMENTS:-

Continue on ........14

A MULTY ANALYST WEEKLY ON LINE

08-08-2010 to 14-08-2010 15
NIFTY NOW IN THE RANGE OF 5350-5480 STILL
PLAY T 20 IN NIFTY THERE IS NO CLEAR TREND
DEAR FRIENDS OF FLY AROUND WHAT HOUSING OR TATA REALLY BULLISH CLIENT CAME AND THERE IS NO RETAIL
THE ECONOMIC HAPPENED THIS MOTOR IS FLYING MOMENTUM IN THIS SAID YOUR VIP IND PARTICIPATION THEN
REVOLUTION WEEK BACK OF AROUND I HAD SEEN STOCKS BUT I WANT TO REALLY WENT 350 TO TO WHOM OPERATOR
NIFTY NAMASKAR, SUPERB RESULT OF TRADERS SHORING ASK WOULD YOU BUY 440 IN NO TIME BUT AND FILL WILL SELL

• •
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EVERYDAY THERE IS NEW
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FOCUS ON MID CAP THERE WILL
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THEME IN THE MARKET ONE
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LOTS OF BUZZ THERE NOW I
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DAY BANKS ANOTHER IT
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SECTOR LIKE THIS WEEK WE
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SAW SHIPPING AND DIGITAL
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FOCUS OR HATH WAY CABLE
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CABLE SECTOR.
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123456789012345678901234567890121234567890123456789012345 AFTER 30 TO 40% RISE IN ONE
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FRIENDS WE HAD COGNIZANT IT GET KILLED BY MARKET WAY CABLE OR WWIL ACTUALLY RAKESH THE STOCKS FRIENDS I
DISCUSSED LAST WEEK SECTOR STOCKS MOMENTUM IN THIS AFTER 20 TO 30% RISE JHUNJHUNWALA HAD HAD TOLD YOU
THAT PLAY T20 GAME WERE FLYING PICKED THAT STAKE IN EARLIER COLUMN
IN NIFTY THERE WILL AROUND SOME ONE THAT STOCKS THAT'S THAT MARKET WILL
NO FUN IN NIFTY AND ARGUE THAT THERE IS HAD SEEN LOTS OF TRADERS STUCK WHY SEE PRIME FOCUS FIND ITS ON WAY IT
YOU WILL NOT GET GOOD MONSOON SO IN BANK NIFTY AS THEY KEEP ON IN THIS COMPANY WILL GET REASON TO
MORE THEN 20 OR 30 INFLATION WILL SHORTING BANK STOCKS FRIENDS WE ALSO HE IS HAVING RISE OR REASON TO
POINTS IN NIFTY COME DOWN SO RBI STAKE DID YOU SAW FALL ONLY YOU HAVE
HAD GIVEN BUY CALL ON ALL PSU
MARKET IS IN VERY WILL NOT RISE THE MOVEMENT TO BE ALERT IN THE
NARROW RANGE AND INTEREST RATES BANKS IN OUR PREVIOUS COLUMN. FROM 330 TO 500 IN MARKET IF YOU
REALLY NOTHING IS THAT'S WHY BANKS NO TIME REALLY ONE
REALLY WANT TO
HAPPNING OUT THERE STOCKS ARE RISING STOCKS. IN ONE WEEK VERY SHOULD REALLY ALERT
EVERY DAY MARKET AND PEOPLE ARE NOW THERE IS DIFFICULT TO JUDGE AT THIS STAGE BUT MAKE YOUR WEALTH
PICK UP ONE THEME ASKING WHY BUZZ IN THE MARKET HOW LONG THIS THERE IS ONE ALWAYS TRADE WHAT
AND ALL STOCK FROM RELIANCE IS NOT THAT MIDCAP STOCKS STOCKS WILL FLY ARGUMENT IN YOU SEE NOT WHAT
THERE SECTOR WILL MOVING AND LIC WILL RISE TEHRE IS AROUND ONE OF OUR MARKET THAT STILL YOU THINK.

TRADING LEVEL -07-August-2010 Govt plans to sell

Sr_ Scrip Close Trade Price Tgt 1 Tgt 2 Tgt 3 Stop stake in ,IOC:
No Name Price Type Range Loss
report
1 NIFTY 5439 BUY 5380-5410 5435 5455 5484 5340 The report stated that the proposal,
2 NIFTY 5439 SELL 5480-5500 5450 5430 5400 5520 is for sale of 5% or 10.6 crore equity
shares in ONGC
3 BANK NIFTY 10383 BUY 10180-10220 10280 10340 10400 10120 through a follow
4 ACC 827 BUY 820-828 834 840 850 810 on public offer
5 AURO PHARMA 9 5 2 BUY 940-950 960 970 980 932 (FPO) which at
today’s trading
6 BANK OF INDIA 4 3 4 SELL 435-440 428 422 418 448 price of Rs 1,233.25
7 BHARAT FORGE 3 3 6 SELL 336-340 331 327 321 345 would fetch the
8 BPCL 650 BUY 650-655 662 668 674 642 government Rs
131.89bn
9 BIOCON 316 BUY 312-315 318 321 326 309 The government
10 DABUR 203 BUY 201-204 207 210 215 195 is planning to sell 5%
11 GAIL 437 BUY 430-435 441 446 451 424 of its stake in Oil and
Natural Gas Corp
12 GLAXO 2018 BUY 2000-2020 2040 2060 2080 1980 (ONGC) and 10% in
13 GE SHPPING 307 BUY 303-306 310 315 318 297 Indian Oil Corp (IOC)
14 INFOSYS 2863 BUY 2820-2840 2860 2885 2910 2790 to raise about Rs
210bn this fiscal,
15 JET AIRWAYS 667 SELL 670-676 664 658 645 684 according to a report.
16 OFSS 2 11 7 BUY 2080-2100 2120 2140 2165 2065 The report stated that the
17 REL INFRA 11 0 9 BUY 1088-1095 11 0 0 11 2 0 11 4 5 1078 proposal, is for sale of 5% or 10.6 crore
equity shares in ONGC through a
18 TATA MOTOR 893 SELL 898-904 890 884 874 914 follow on public offer (FPO) which at
19 TATA STEEL 531 BUY 529-531 535 539 544 524 today’s trading price of Rs 1,233.25
20 ZEE TELE 307 BUY 302-305 308 3 11 312 298 would fetch the government Rs
131.89bn
WE WEL COME ADVERTISE FOR THIS PLACE
08-08-2010 to 14-08-2010 17
Queen’s scientists take a step closer LLOYD’S LIST ASIA AWARDS ORGANISERS
to discovering life-bearing planets
The discovery of challenges of our time signatures, or signs of
ANNOUNCE 2010 SHORTLIST
new life-bearing and at Queen’s we life by later missions The best and ping has always re- commitment, as evi-
planets is a step closer have been active in and ground-based brightest in the Asian quired a happy denced by the impres-
as the result of a new this area for many telescopes.” maritime industry are confluence of vision, sive talents of the
space mission years. Already our If selected for full expected to be in at- experience and timing shortlist,” says
involving physicists S u p e r W A S P development, the UK, tendance to witness and it is these at- Murphy.
from Queen’s experiment, using together with other the 2010 Lloyd’s List tributes which will be “I look forward to a
University Belfast. ground-based ESA member states, Asia Awards honouring honoured at this year’s spectacular evening
Known as PLATO telescopes, has will design PLATO’s excellence in shipping. Lloyd’s List Asia when – together with
(Planetary Transits and discovered 43 ‘exo- scientific instruments LONDON – Friday, Awards,” explains primary sponsor
Oscillations of Stars), planets’ so far. and finance its 6th August 2010 – Colum Murphy, Asia Germanischer Lloyd
t h e development, Lloyd’s List – the Bureau Chief, Lloyd’s and all of our indi-
mission is while ESA world’s flagship news List. vidual award sponsors
designed w o u l d and information “Our shortlist pro- - we will celebrate
to seek commission source for the global vides much evidence those in the industry
o u t t h e maritime industry – of individuals and who are making out-
planets spacecraft to has taken one step companies in Asia who standing contributions
f a r be built in closer to the Lloyd’s have harnessed these to maritime shipping.”
beyond European List Asia Awards with attributes and who Further information
ea r t h ’s industry. the announcement of have the potential to on attending the 2010
s o l a r Second the shortlist for this usher the global mar- Lloyd’s List Asia Awards
system, orbiting stars “We envisage that only to the United year’s awards due to ket back to full recov- can be found on: http:/
in the Milky Way the new PLATO States in space be held on 7 October at ery.” /
Galaxy. spacecraft would be science, the UK's Singapore’s Marina Highlights of the awards.lloydslist.com/
PLATO is one of launched between thriving space sector Mandarin Hotel. evening are sure to in- asia-awards.
three missions to share 2017 and 2020, on a contributes £6.5bn a More than 450 se- clude the announce- The shortlisted en-
in a £3.65million Russian Soyuz Fregat year to the UK nior executives are ex- ment of the Lloyd’s List trants for this year’s
development grant rocket. We hope it will economy and supports pected to attend the Lifetime Achievement Lloyd’s List Asia Awards
from the UK Space be powerful enough to 68,000 jobs. gala dinner and glitter- and Newsmaker of the are as follows:
Agency. In June 2011, detect rocky planets in The International ing celebration of the Year awards. Ship Yard of the
The European Space the habitable zones of PLATO Science best and brightest tal- In addition, 15 other Year:
Agency will choose sun-like stars, those Consortium involves ents in Asian shipping. awards will be pre- Jiangmen Nanyang
two of the three regions around a star seven UK institutions A total of 17 compa- sented from the high Ship Engineering
missions to build and where liquid water can nies, organisations and standard of shortlisted Keppel FELS
(Queen’s University
launch into orbit exist. In other words, it individuals will be entrants. Keppel Shipyard
Belfast, Queen Mary honoured as Asia con- “Weighing and Container Terminal
between 2017 and could find new earths. University of London,
2020. “Using a suite of tinues to prove why it evaluating the entries Operator of the Year:
University College is rapidly becoming the has been a daunting Port of Tanjung
Planet hunter space telescopes on a London, University of
Professor Don single spacecraft, leading force in global task, but one that our Pelepas
Leicester, Open shipping. panel of judges has un- PSA
Pollacco, from PLATO would detect
University, University “Success in ship- dertaken with huge Westports Malaysia
Queen’s School of these planets by
Maths and Physics, is picking up a brief and of Cambridge and
Principal Investigator tiny dimming of light as Warwick University). Shipping Corporation plans follow-on public offer
of the international they pass in front of F u r t h e r S h i p p i n g institutional investors offer, the Government
PLATO Science their stars, blocking information on Corporation of India have 13.04% and FIIs stake will come down
Consortium. He said: their brightness. Queen’s Astrophysics (SCI), India's largest 2.12%. further, they said.
“The discovery of life- “The mission would Research Centre is shipping company, “We propose to SCI shares closed at
bearing planets is one focus on solar systems available online at proposes to go in for a issue fresh equity to Rs 168.15 on the NSE,
of the major scientific close enough to be h t t p : / / follow-on public offer. raise funds for our down 1.93 per cent on
Besides, the expansion plans. The Friday. The market was
and philosophical scanned for bio- star.pst.qub.ac.uk. generally flat with Nifty
Government plans to details will be worked
further divest an after obtaining down by 7.85 points.
TextGuard Announces Cont. from Pg. 16 unspecified stake in the approvals from the Except for Essar
company. board and the Shipping which was up
Companies in highly- to regularly review administrative six per cent at Rs 115.40
regulated industries, their representatives’ sanction. In addition, The company, in a Government,” said Mr
notice to the stock Hajara, Chairman and (on news of de-merger
such as financial electronic messages, other non-regulated of its port business),
services or government, exchanges, said its Managing Director, SCI.
document these visual companies have board will meet on This would be the other shipping stocks
are obligated to preserve inspections and note begun to develop such as GE Shipping and
August 11 to decide on third divestment by
communications and to any actions that result. internal policies Varun Shipping were
the two proposals — the Government in SCI.
produce these messages Depending on the aimed at monitoring down two per cent.
FPO and the According to analysts, The company, which
when necessary. industry, failure to e m p l o y e e Government offer for this time the
In addition, SEC is currently in a major
comply with these dissemination through sale. Government may expansion drive, has
and FINRA regulations can result mobile devices of The Government divest 10-15 per cent. earmarked a capex of
regulations require in fines, loss of license sensitive company holds a stake of 80.12% With the company also Rs 8,000 crore for the
financial services firms and other information. in SCI. Domestic planning a follow-on next two years.

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