INTRADAY TIPS B.S.E (INDIA)...

INTRADAY TIPS B.S.E.

2007-02-26T17:17:00.000+05:30

Dear All,

For time constraint & mainly due to health problems I am finding it
very difficult to publish my blog daily in time.
Hence I decided to end this at least for the time being, and I take this opportunity to thank my all viewer’s for visiting my blog daily.
With regards
S.Mahesh.

INTRADAY TIPS FOR 26TH FEB, 2007

2007-02-26T07:35:00.000+05:30

NIFTY'S GRAPH

GENERAL: - My view – bears have upper hand, in my 23 Feb,07 posting proved right. Nifty had a free fall and closed at 3938.95 with a loss of 101.05 points
Market-breadth looks very bad. Overall trend is down.

Andrew Yule, targets – 29/50, 31, 32.
Bhansali Engineering Polymers, targets - 25/90, 27/90

Nifty resistance
4029
4120
4176
Nifty support
3882
3826
3725

INTRADAY TIPS FOR 23RD FEB, 2007

2007-02-23T07:20:00.000+05:30

THOUGHT FOR THE DAY

Patience makes the journey possible.

GENERAL: - Nifty closed in negative territory at 4040 with a loss of 56.20 points.
Bears have upper hand.
NO CALLS FOR TO DAY.

Nifty resistance
4103
4166
4206
Nifty support
4000
3960
3897

INTRADAY TIPS FOR 22ND FEB, 2007

2007-02-22T07:59:00.000+05:30

THOUGHT FOR THE DAY.

Every dawn brings with it New Opportunities.

Kavveri Telecom, targets – 64, 67/40.
Navneet Publications, targets – 65, 68.
Sintex Industries, targets – 231,234.
T T Ltd, targets – 31/80, 32.

Nifty resistance
4125/70
4155/20
4177/60
Nifty support
4073/80
4051/40
4021/90

GENERAL: - Expect a very high volatile market. Below 4051 bulls will be beaten.

INTRADAY TIPS FOR 21ST FEB, 2007

2007-02-21T08:59:00.000+05:30

GENERAL: - NO CALLS FOR TO DAY.

Nifty resistance
4155
4203
4230
Nifty Support
4079
4051
4003

INTRADAY TIPS FOR 20TH FEB, 2007

2007-02-20T07:27:00.000+05:30

INTRADAY TIPS FOR 19TH FEB, 2007

2007-02-19T08:10:00.000+05:30

Down the memory lane

THOUGHT FOR THE DAY

As much as I enjoy success, I also need to enjoy learning from my failures.

GENERAL: - On last Thursday in the morning I had expressed my view as worst being over, not only I proved right but with strong recovery nifty closed at 4146/20.
The recovery was broad based with stocks across all segments participating. Gainers outnumbered losers with a ratio of 4:1.
Looks like it may be a start of pre-budget rally but a cautious approach is advisable before clearing week.

Nifty resistance
4185
4225
4294
Nifty support
4076
4007
3967

GANGOTRI TEXTILE, targets - 32, 32/40, 34.
GITANJALI GEMS LIMITED, targets - 252, 260.
KIRL FERROUS IND, targets - 38, 39/50, 40, 41.
RAMA PAPER MILLS, targets - 44, 45, 48.
VIMAL OIL & FOOD, targets - 40/45, 42.

INTRADAY TIPS FOR 15TH FEB, 2007

2007-02-15T09:14:00.000+05:30

THOUGHT FOR THE DAY

“A flowers appeal is in its contradictions - so delicate in form yet strong in fragrance, so small in size yet big in beauty, so short in life yet long on effect.”
By - Adabella Radici

GENERAL: - At one point nifty had touched 3965/20 in intraday & closed at 4047/10.
As per my view worst is over, but better to wait till clear trend emerges.

Nifty resistance
4081
4115
4173
Nifty support
3989
3931
3896

Guj. Sidhee Cem., targets – 24/30, 25
Kopran, targets – 36/60, 37/65, 39.
S E Asia Marine, targets – 209, 213, 220.
Tyche Perip. Sys, targets – 58/30, 60.
Zenith Birla, [code no 531845], targets – 52, 55.

INTRADAY TIPS FOR 14TH FEB, 2007

2007-02-14T07:56:00.000+05:30

THOUGHT FOR THE DAY

Tolerance is like saying yes to the game & enjoying it.

BETTER TO AVOID MARKET FOR THE DAY. GAP DOWN OPENING OF OVER HUNDRED POINTS EXPECTED TODAY.

Ion Exchange, targets – 165, 175, 185.
Pritish Nandy, targets – 61, 64, 67.
Som Distilleries, [low volume] 16/40, 17/10, 18.

GENERAL: Short term trend down.

Nifty Resistance
4118
4192
4252
Nifty Support
3984
3924
3850

INTRADAY TIPS FOR 13TH FEB, 2007

2007-02-13T07:20:00.000+05:30

DOWN THE MEMORY LANE.

THOUGHT FOR DAY

Flexibility means being able to make problems into teachers.

GENERAL: - As predicted market corrected further & nifty closed in negative territory.
Concern of further hike in interest rate due to serge in inflation had its effect.

Nifty – short term trend down. Crucial levels – 4040, 4020.

Nifty resistance
4148
4239
4291
Nifty support
4006
3953
3863

T.V. Today, targets - 109/50, 112, 117, 120, and 127.
ABG Shipyard, targets – 348,352, 354, 364.
Vardhman Industries, [low volumes], targets – 32, 33, 33/30.

INTRADAY TIPS FOR 12TH FEB,2007

2007-02-11T19:51:00.000+05:30

GIRGAON CHOWPATTY

THOUGHT FOR THE DAY

Problems are simply challenges waiting for solutions to meet them.

GENERAL: - Black Friday hits theatre and the market.
Surge in inflation & rise in oil price affected market badly.
Further correction looks very imminent.
But –
Budget is round the corner. Bulls may take position at nifty’s support level & may drive market to its new high.

Nifty Resistance
4227
4266
4294
Nifty Support
4159
4132
4092

Conart Engineers, targets - 40, 44, 45.
Ion Exchange, targets - 158, 164.
LIC Housing, targets - 171, 175.
NTPC. Targets - 147, 148/50, 150.

INTRADAY TIPS FOR 9TH FEB, 2007

2007-02-09T06:29:00.000+05:30

THOUGHT FOR THE DAY

If you want to change your behaviour, focus on the thinking, which causes it.

Lloyd Electric & Engineering, targets – 188/50, 191.
Pidilite Industries, targets - 126/50, 128, 130.
R C F, targets - 50, 51, 52.
W S Industries, targets - 62/50, 64, 65.

Nifty Resistance
4249/65
4275/90
4306/50

Nifty Support
4192/80
4162/20
4135/95

INTRADAY TIPS FOR 8TH FEB, 2007

2007-02-08T08:22:00.000+05:30

DOWN THE MEMORY LANE - PICTURE OF OLD MUMBAI.

THOUGHT FOR THE DAY.

The gem cannot be polished without friction, nor man perfected without trials.

GENERAL: - Nifty closed at 4224/25, but advance – decline ratio was not encouraging.

Alps Industries, targets - 72, 73.
Amtek India, targets - 172, 175, 180.
Control Print, targets - 70/50, 72.
DCW, targets - 15/50, 16/30, 17/10
Dewan Housing, targets - 86, 87, 88.
Hindustan Motors, targets - 43.20, 44.
Hexaware, targets - 173, 175.
Jyoti Ltd, targets - 124.50, 127.

NIFTY R1-4240, R2-4255 S1-4200,S2-4177

INTRADAY TIPS FOR 7TH FEB, 2007

2007-02-07T06:29:00.000+05:30

THOUGHT FOR THE DAY

Brotherhood means understanding that a cry of pain means the same in all languages and so does a smile.

CEAT
Targets
157
159/50

JBF Industries
Targets
122/40
123/50
126

Nitco Tiles
Targets
267
270
272

Panama Petrochem
Targets
169
175

Nifty – trend up

R1 4220/65
R2 4245/40
R3 4262/65

S1 4178/65
S2 4161/40
S3 4136/65

INTRADAY TIPS FOR 6TH FEB, 2007

2007-02-06T07:26:00.000+05:30

THOUGHT FOR THE DAY

The power of determination brings thought into action.

Bharat Forge
Targets
365
370

Dewan Housing
Targets
79
80

Eicher Motors
Targets
380
383

Entertainment [ ENIL]
Targets
316.50
319
329

Era Constructions
Targets
510
512
530
543

Geodesic Information Systems
Targets
265
271

GTC Industries
Targets
250
253
255

Patels Airtemp (India)
Targets
49/20
50
51

Rain Calcining
Targets
54
55/50

Shiv Vani Oil & Gas Exploration Services
Targets
370
374

Note: - Avoid stocks having same open and high rate.

Nifty trend – Up

R1 4232
R2 4250
R3 4281

S14184
S2 4153
S3 4135

INTRADAY TIPS FOR 5th FEB, 2007

2007-02-04T12:17:00.000+05:30

THOUGHT OF THE DAY

The difference between the impossible and the possible lies in a person’s determination.

AFTEK, targets - 80, 82.
ABSHEKINDS, targets – 24/10, 24/45, 27.
GAMMONIND, targets – 426/60, 431, 438.
WELGUJ, targets – 125, 127.
VST Tillers, targets - 169/20, 175.

GENERAL: -- Nifty closed at 4183/50. Many shares struck
all time high.

Nifty - Trend Up
R1 – 4210, R2 – 4237, R3 – 4276.
S1 - 4144, S2 - 4105, S3 - 4078.

INTRADAY TIPS FOR 2nd FEB, 2007

2007-02-02T08:39:00.000+05:30

THOUGHT OF THE DAY

The happiness within oneself changes hopeless situations into hopeful ones.

SRF, targets - 204/40, 207, 217, 223.

Agrodutch, targets – 30/70, 31/45.

GENERAL :-- Nifty closed at 4137/20. A good start for the month. The bounce back was due to firm global markets & US Federal Reserve’s decision to keep interest rates steady.

Nifty trend – up.

Nifty

R1 – 4158	R2 – 4180	R3 - 4219
S1 - 4098	S2 - 4059	S3 - 4037

Nifty above R2 looks very bullish.

INTRADAY TIPS FOR 1st FEB, 2007

2007-02-01T08:46:00.000+05:30

THOUGHT OF THE DAY

Becoming quite and simple inside is a first step towards seeing things truly.

GENERAL: -- Short term trend of nifty is bearish, in bullish market a stock with no fundamentals go up & in bearish market best one’s too go down. Hence for time being I will give only one or two tips for intraday.
Moreover in falling market intraday is very risky, best is to accumulate fundamentally good stock in small quantity at it’s every new fall or to short technically weak looking stocks.

Nifty - R1 – 4123, R2- 4164, R3 – 4192.
          S1 - 4054, S2- 4026, S3 - 3985.

Tata Teleservices (Maharashtra) Ltd, targets - 24/60, 25/20, 26/10.
Welguj, targets – 118, 119/50.

WEAK STOCKS –

DABUR - has resistance at 104 & support at 96 , if broken further fall.
R1 – 101/70, R2 – 104/50. S1 – 97/10, S2 – 95/30.
Best to short at or little above R.

INTRADAY TIPS FOR 31st JAN, 2007

2007-01-30T16:34:00.000+05:30

THOUGHT FOR THE DAY

Your thoughts create your feelings. To save yourself from useless & painful feelings, don’t think about useless or negative things.

Escorts Ltd, targets - 124, 126.
GMR Infrastructure, targets- 394, 400/50, 404/10.
Marico, targets - 585, 590, 598.
Patel Engineering, targets – 494, 497, 505.


Nifty       R1 – 4155 R2 – 4187.
            S1 – 4104 S2 - 4084.

GENERAL :--- No change in my view – I repeat - Wait & watch is be best thing to do.
RBI's quarterly credit review meeting scheduled on Wednesday, 31 January 2007.

INTRADAY TIPS FOR 29th JAN, 2007

2007-01-28T10:22:00.000+05:30

Thought for the day

Find at least one good quality in everyone, no matter how many defects
are visible to you.

GENERAL: -- Due to short covering nifty settled at 4147.70 with a gain of 57.55 points, a new high on 25th Jan, and 07.
Wait & watch is be best thing to do. Those who go for delivery based trading can accumulate good stocks at nifty support level.
Crude oil prices rebounded on Friday and few nifty stocks such as ACC, BAJAJAUTO, GLAXO, REL, SIEMENS, SBIN, SUZLON, RANBAXY, DRREDDY, DABUR and HEROHONDA do not look good for short term.
In short mixed trends are emerging.

Nifty R1 - 4173, R2 – 4199.
Nifty S1 - 4106, S2 - 4064.

PARADYNE, targets – 117, 119.
VARDMNPOLY, targets – 126, 127.
SRF, targets – 200/70, 202 , 205/20.
STCINDIA, targets 172, 175, 180/45.
GRASIM, targets – 2959, 2972, 3040/20.
POLARIS, targets – 233,239.
TULIP, targets – 627, 639.
WIPRO, targets 672, 677, 693.
IVRCLINFRA, targets – 413, 416, 422/10.

Republic Day

2007-01-26T08:54:00.000+05:30

Mark Twain said about India- "Anything that can ever be done by God or man has been done in this land."

"One of the most extraordinary events took place when a Roman Catholic stepped aside for a Sikh prime minister who was sworn in by a Muslim president." - Shashi Thoroor

INTRADAY TIPS FOR 25th JAN, 2007

2007-01-25T08:19:00.000+05:30

THOUGHT FOR THE DAY

When you build a house, every brick counts. When you build character,
every thought counts.

Welspun Gujarat Stahl Rohren Ltd, target -- 117.
Patni Computer, targets – 440, 447.
Dewan Housing, targets -- 86, 87/90.
Essar Steel, 50/50, 51/90.
HCL Infosystems, targets – 174/50, 177, 179.
Assam Company, targets – 22/50, 23/40.

GENERAL: -- The nifty bounced back and closed at 4089/50 after two consecutive week trading sessions. Kindly do not be over enthusiastic about this pull back.

INTRADAY TIPS FOR 24th JAN, 2007

2007-01-24T07:44:00.000+05:30

NIFTY

THOUGHT FOR THE DAY

There is always a lesson to be learn from whatever has happened which would be useful for the future to move forward with courage.

ROLTA, targets - 343/80, 346/50, 351/00.
NIIT LTD, targets - 628/20, 638/10, 650/70, 680.40.
GMRINFRA, targets - 379/00, 382/50.
TATAELXSI, targets - 312/30, 315/00, 318/60.

GENERAL: - Nifty closed at 4066/10 near crucial support of 4060.
Below 4060 market looks bad, however technical
pull back is not ruled out.

Best to avoid market for -1) F&O expiry on 25th Jan, 07 2) market
will be closed from 26/01/2007 to 28/01/2007 3) better to wait
till clarity emerge. and 4) Advance / decline ratio was very
negative.

AVOID SCRIPS HAVING SAME OPEN & HIGH RATES.
ONE MAY TAKE POSITION IN IT IF OPEN – HIGH SAME NEXUS BRAKES.

DELIVERY CALLS - Unitech Ltd, CMP – 456/85 - target – 550/00 , period 1 to 3 months.
Andhra Petrochemicals, CMP – 17/15 – target --- 20/00, 21/00, period 1 to 3 months.

INTRADAY TIPS FOR 23rd JAN, 2007

2007-01-23T07:28:00.000+05:30

SHREE SHANTADURGA TEMPLE GOA.
VASANT PANCHAMI
SHREE SHANTADURGA RATHOUTSA

NIFTY

THOUGHT FOR THE DAY

The trick to problem solving is to get the root of the problem before the rest of it shows up.

HINDMOTOR, targets – 42/45, 43/20.
PRITHVI, targets - 395/10, 400/50.
FDC, targets – 41/40, 41/90.
GICHSGFIN, targets - 50/50, 51/30, 52/20.
INDOTECH, targets – 295/20, 303/30, 319/50.

GENERAL: - Market is clueless. Trend is up as long as Nifty trading above 4060.
Cautious approach is advisable as we are close to FnO expiry and
up coming holidays. Advance/Decline ratio was negative.

INTRADAY TIPS FOR 22nd JAN, 2007

2007-01-22T08:34:00.000+05:30

SHREE GANESH JAYANTI

THOUGHT FOR THE DAY

Change your perception and the circumstances will automatically change.

ASTRAMICRO, targets – 185, 189.
AVAYAGCL, targets – 248, 255.
CELEBRITY, targets – 116/10, 117

HMT, targets – 85, 85/50, 87.

Nifty - R 1 – 4132, R 2 – 4174.
S 1 - 4054, S 2 - 4017.

INTRADAY TIPS FOR 19th JAN, 2007

2007-01-19T08:35:00.000+05:30

NIFTY

THOUGH FOR THE DAY

Meditation is teaching your mind to think in right way.

AVAYAGCL, targets – 229/45, 232/40.
LOKESHMACH, targets – 155, 157, 159, 162.
MAHABANK, 50/50, 51/50, 52/00, 53/00.
PREMIER LTD, targets 46/50, 47/90, 50/00, 54/00.
PROVOGUE, targets – 505, 510, 520/20.

THERE MAY BE A CORRECTION IN THE MARKET TODAY. HOWEVER IF
NIFTY OPENES ABOVE YESTERDAY’S CLOSE & CLOSES AT OR NEAR
4141 THEN IT WILL COFIRM FURTHER UP TREND.

MTNL AWAITS AWINDFALL FROM PRIME PROPERTY - THE ECONOMICS TIMES

INTRADAY TIPS FOR 18th JAN, 2007

2007-01-18T08:44:00.000+05:30

THOUGHT FOR THE DAY

Becoming quiet and simple inside is a first step towards seeing things truly.

3IINFOTECH, targets – 283/50, 287, 298, 318.
BHARTISHIP, tatgets - 433, 436, 441.
HIKAL, targets – 430, 450.
HINDMOTOR, targets – 40/90, 42/45.
IFCI, targets - 27/40, 28/20.
KIL, targets - 44, 45/80.
NIITTECH, targets – 346, 351, 358, 361.
UNIPHOS, targets - 345, 349, 360.

INTRADAY TIPS FOR 17th JAN, 2007

2007-01-17T09:00:00.000+05:30

After big move [from 3850/30] market yesterday was very dull & subdued.
A big jump of 230.20 points.

THOUGHT FOR THE DAY

If you value your thoughts and use them as carefully as you use money you will never find yourself spiritually bankrupt.

Yes Bank, targets – 168,174.
IndusInd Bank, targets – 58, 59.
Alps Industries, targets – 78/50, 80.
Jyoti Structures, targets – 166, 168, 171.
Accel Frontline, targets – 84, 87.
Shivalik Global, [SGL], targets – 38/50, 39/00, and 40/00.
Indiacem, targets 252/50, 254/00, 255/00.
ITC, targets 173/50, 175/00

INTRADAY TIPS FOR 16TH JAN, 2007

2007-01-16T07:07:00.000+05:30

ADHUNIK METALIKS

THOUGHT FOR THE DAY

Stopping for moment and being silent can bring the steadiness you
Need for any task.

Adhunik Metaliks, targets – 42, 43/90.
BSELINFRA, targets – 77/65, 79/00.
IFCI, targets – 25/65, 26/90.
JKCEMENT, targets - 207/00, 215/00.
Shivalik Global, targets – 39/50, 41/40
Uttam Galva, targets – 44/10, 47/90.

INTRADAY TIPS FOR 15TH JAN, 2007

2007-01-15T08:01:00.000+05:30

THOUGHT FOR THE DAY

Remaining conscious of yourself as a spiritual being while playing your part in the material world is true detachment.

On Friday I had written nifty above 3967 will confirm new rally, and it proved right nifty on Friday closed at 4052.45 all time high.
Nifty will have resistance at 4095, 4135 & support at 3980, 3904.

KRBL, targets - 194,198,200.
Sandesh, targets – 217,223,226,239.
TTK Prestige, targets - 143,145,151.
Nahar Spinning Mills, targets - 297,303.
Nitin Spinners, buy above 20.45 target - 21.25.
Shivalik Global, buy above 33.10 targets – 35, 36.
IFCI, buy above 23.40, target 24.30.
Nagarjuna Fertilisers, buy above 17.35, targets 17.80, 18.45.

INTRADAY TIPS FOR 12TH JAN, 2007

2007-01-12T08:00:00.000+05:30

THOUGHT FOR THE DAY.

AS YOU DO, SO YOU BECOME. EVERY ACTION THAT YOU PERFORM IS RECORDED IN YOUR SOUL. THESE IMPRINTS ULTIMATELY MOULD YOUR
CHARACTER AND DESTINY.

Yesterday I had written - Pull back is possible.
So now we have see weather the recovery was a start of a new rally or simply a technical pull back. Nifty above 3967 will confirm new rally.

Geodesic, targets – 235, 239, 248.
IFCI, targets – 22, 24.
3i Infotech, targets – 235, 239, 248.
Sandesh, targets 182, 184, 188/10.
Nagarfert, targets – 17/25. 18.

INTRADAY TIPS FOR 11TH JAN, 2007

2007-01-11T08:45:00.000+05:30

THOUGHT FOR THE DAY

Actions are destiny’s pen. The line of actions drawn today becomes tomorrow’s destiny,so be sure that your pen is drawing a work of art.

Pull back is possible, but better to avoid market for a day.
Nifty yesterday broke two crucial level i.e. 3900 & 3852, as per
my view market will correct further.
Expect a very volatile day plus INFO result is a big event.
Earnings below expectations can create panic.

Alphageo, targets- 171/00, 174/00.

Bank of Maharastra, targets- 44/00, 44/50, 45/00.

IFCI, target -16/90.

NRC Ltd., targets -42/00, 44/00, 45/00.

Praj Indus., targets- 234/00, 237/00.

Prithvi Information, targets- 371/00, 373/00, 383/00.

INTRADAY TIPS FOR 10TH JAN, 2007

2007-01-09T20:30:00.000+05:30

Geodesic Info, targets - 219, 223.
HOV Services, targets – 202,207.
Shivalik Global, targets – 30. 30/45.
NRC, targets – 38, 40.
GAIL, targets – 287, 293.

INTRADAY TIPS FOR 9TH JAN, 2007

2007-01-09T08:49:00.000+05:30

Hitachi Home,targets 110,112,115.
NDTV,targets 304,310,319.
Nitin Spinners,16.50,17,17.85.
MTNL,targets 160,162,164.
Hindustan Motors,targets 38.60,39.70.
Essar Steel,targets 39.25,40.00.
PTC India,targets 61.30,62.50
Noida Toll,targets 38,38.90.
PRICOL,targets 43,43.90
Gangotri Textile,targets 30.50,31.30.
Birla Ericsson,targets 27.45,28.90.

INTRADAY TIPS FOR 8TH JAN, 2007

2007-01-07T16:42:00.000+05:30

WELGUJ

WELGUJ, TARGETS 109, 111.

NAUKRI, TARGETS 682, 688, 703.

GAIL, TARGETS 280, 286.

EVEREADY, TARGETS 74.50, 75.80, 77.40.

JKPAPER, TARGET 45.90.

PRICOL, TARGETS 41.80, 43.

INTRADAY TIPS FOR 5TH JAN, 2007

2007-01-05T06:59:00.000+05:30

WISH YOU A VERY PEACEFUL & PROSPEROUS NEW YEAR 2007.

TARGET FOR 5th JAN.07

HCC, target 170
Aftek Ltd, targets 60, 61.
Aptech Ltd, targets 179, 185.
Eveready Ind, targets 70, 71.
HMT, targets 83, 84
IGS, targets 415, 420, 431.
Microtech, targets 270, 280
Sintex, targets 239, 245

INTRADAY TIPS FOR 4TH JAN, 2007

2007-01-03T21:45:00.000+05:30

WISH YOU A VERY PEACEFUL & PROSPEROUS NEW YEAR 2007.

Birla Ericsson, targets - 25.25, 26.
Hindustan Construction, targets - 163, 167.
iGate Global, targets- 380, 387, 399.
Sterlite Optical, targets- 250, 252, 258.
HMT Ltd, target - 83.90.
RCF, target – 40.

INTRADAY TIPS FOR 3RD JAN, 2007

2007-01-02T21:23:00.000+05:30

WISH YOU A VERY PEACEFUL & PROSPEROUS NEW YEAR 2007.

3i Infotech Targets 217,221,223,230
Steel Strips Wheels Targets 171,177
Mercator Lines Targets 38
GRUH Finance Targets 140,142.20

INTRADAY TIPS FOR 2ND JAN, 2007

2007-01-01T19:49:00.000+05:30

WISH YOU A VERY PEACEFUL & PROSPEROUS NEW YEAR 2007.

Shivam Autotech Ltd Targets 183,190.

Strides Arcolab Ltd Targets 375,383,400.

PASAYDAN

2007-01-01T00:04:00.000+05:30

THIS IS TO WISH ALL MY VIEWERS A PEACEFUL & PROSPEROUS NEW YEAR.

I AM STARTING MY POSTING WITH PASAYDAN OF GREAT SAINT DNYANESHWAR.

Now, 'O' God, The entire Cosmos Divine Be pleased with this pious word offering of mine Grant me in good will benign Your Benevolent Grace Divine 1

May the evil minded, their wickedness shed May their intellect turn to pious and good deeds instead

May all living beings find themselves bonded By friendly ties of soul companionship 2

May the darkness of ignorant disappear May the universe see the Sun of self consciousness May whatsoever aspirations of those be fulfilled Of all living beings 3

May shower all over the pious bliss Divine May the world be full of Saintly beings benign May incessantly in the Universe Meet the living beings 4

Moving groves of wish granting trees Colonies of conscious wish fulfilling jewels These saints are, speaking oceans Full of pious Nectarly Divine 5

A Moon without a smear A Sun without a hot sear

Always to one and all, these hallowed saints Become kith and kin dear 6

Let all beings be completely satisfied and happy Fully contented in all the three world Engrossed and merged in devotion Eternally, of ultimate Divine 7

And those who live by this scripture Divine Eternally guiding all living beings Be victorious over seen unforeseen In this world and beyond 8

Here, said, the lord of the Universe This shall become thy Grace Divine And with this blissful Grace Divine Jnandeva became ever joyous and happy benign 9

INTRADAY TIPS FOR 22ND DEC, 2006

2006-12-22T06:37:00.000+05:30

NOTE : - 3777 is very crucial support for nifty.

TARGET FOR 22/12/2006	YESTERDAY’S high low close
Havells India, targets 375, 383, 388	H 372, L 337.50, C 367.75
ALLSEC, targets 281, 284	H 278.90, L 271, C 276.20
India Infoline, targets 296, 299, 304	H 288.25, L 256, C 288.25
KALECONSUL, targets 117.50, 120, 123, 127	H 119.15, L 97, C 116.30
Deepak Fertilizers, targets 84, 85, 87	H 84, L 79.25, C 82.15

Wishing you all a Merry Christmas and a prosperous New Year.

TARGET FOR 22/12/2006 YESTERDAY’S high low close
Havells India, targets 375, 383, 388 H 372, L 337.50, C 367.75
ALLSEC, targets 281, 284 H 278.90, L 271, C 276.20
India Infoline, targets 296, 299, 304 H 288.25, L 256, C 288.25
KALECONSUL, targets 117.50, 120, 123, 127 H 119.15, L 97, C 116.30
Deepak Fertilizers, targets 84, 85, 87 H 84, L 79.25, C 82.15

I am going on a few days vacation, will be leaving Mumbai after 3.30 pm. Though the departure is certain arrival back will depend on mood and hence it will not be possible for me to publish my TIPS until I return.

INTRADAY TIPS FOR 21TH DEC, 2006

2006-12-21T08:28:00.000+05:30

Nifty: - Yesterday nifty could not sustained higher level and in the end closed at
3815.55 bellow SMA [CLOSE, 50] 3828. This is very bad sign.
Chance of recovery looks very less and looks like market may correct
further.

Shiv-Vani , targets 281, 287 H 282.40, L 266, C 274.90
iGate Global, targets 312, 319, 325. H 317, L 260, C 306.45
ICICI Bank, targets 873, 877, 886. H 879.70, L 855.10, C 859.15.

INTRADAY TIPS FOR 20TH DEC, 2006

2006-12-20T06:26:00.000+05:30

BSE / NSE had a great fall reflecting mood of Asian emerging markets. Main reason was
The Thai central bank's currency controls of imposing 10% penalty on foreign funds for withdrawing funds out of country within 1 year.
.
But this measure of Thai central banks could not avoid blood bath in their markets, it ended
WORST IN LAST 16 YEARS.
Nifty’s high – 3931.90 low – 3783.45 close – 3832
Resistance & Support for 20/12/06:-
R - 3852.80, 3921.75, 3949.
S- 3828.15, 3777.30, 3744.10

Do not panic and use this opportunity to accumulate good scrips at every new fall.

SB & T International Ltd, [low volumes] targets 43.90, 45.
Unichem Laboratories, targets 279, 282, 287.
Entertainment Network India, targets 267, 270.

NB: - Avoid the stock having same open & high rate. For entry level / stop loss
refer pivot point calculator.

INTRADAY TIPS FOR 19TH DEC, 2006

2006-12-19T07:17:00.000+05:30

Nifty: - Nifty closed at 3928.75 above Friday’s high which was 3908.45., but
advance/decline ratio was negative.
Treat previous low as support [3852.80, 3828.15 & 3777.30]
Previous high as resistance [3968.90, 3997.60, 4001, 4015.35].

Aptech Ltd, targets 156,159. [High 155, low 141.15, close 153.50]
KRBL Ltd, targets 148, 159. [High 149.30 low 131.40 close 144.85

Crew B.O.S., targets 235, 239, 241.[High 229.90 low 201.50 close 229.90]
Gayatri Projects, targets 344, 348, 351.[High 342 low 311.80 close 338.45]

Note: - People are use to trade calls with entry level , stop loss which I do not give.
There are many requests for me to give calls with stop loss & entry level.
To all of them my request is to take help of Pivot Point Calcy. However for ready reference from now on I will give day’s high, low &
Close.
Best to exit at first target.

INTRADAY TIPS FOR 18TH DEC, 2006

2006-12-18T07:31:00.000+05:30

NIFTY

Dancing in the park

Sree makes all the right moves as Team India put themselves on track for a historic win in South Africa and (inset) There She goes: Nel looks at the six Sreesanth hit off him

IPCL, targets 284, 286, 288, 290.
Patni Computer, targets 408.50, 410, 412, 415, 418.
Tata Elxsi, targets 260, 264.
Natco Pharma, targets 136 has resistance at 136 if crossed then- 140, 146.

The market is weird. Every time one guy sells, another one buys, and they both think they're smart.

Sometimes your best investments are the ones you don't make.

Money is always there, but the pockets change.

BROKER: The person you trust to help you make major financial decisions. Please note the first five letters of this word spell "Broke".

INTRADAY TIPS FOR 15TH DEC, 2006

2006-12-15T09:03:00.000+05:30

Alembic Ltd, targets 62.50, 63.90, 65.
Cholamandalam DBS Finance, targets 142.50, 143.90.
Elder Pharmaceuticals, targets 349,352
Vivimed Labs, targets 186, 191.

Stock Markets Up ...
Stock Markets Down

Stock markets are always moving!

If the markets move up someone is making a profit. At the same time, if the markets move down someone is also making a profit.

Stock Market Terms for the Busy Investor. :-

Market Correction: The day after you buy stocks.
Value Investing: The art of buying low and selling lower.
Bear Market: A period when the kids get no allowance, the wife gets no jewellery.
Bull Market: A random market movement causing an investor to mistake himself for a financial genius.

INTRADAY TIPS FOR 14TH DEC, 2006

2006-12-14T08:30:00.000+05:30

We are not out of woods, be careful.

Shiv-Vani Oil, targets 252, 256, 261, 271 support at 240 & resistance at 256.
Jain Irrigation, targets 378, 381, 386 support at 352 & resistance at 384.
KLG Systel , targets 298, 302 support at 288 & resistance at 304.

How Things Get Perfected Through Imperfection

- G S TRIPATHI

Swami Vivekananda would often say that nobody was perfect since we are all less or more imperfect. Perfection is a standard that all of us aspire for. In trying to achieve the 'impossible', in striving to be perfect, we become less imperfect. Perfection is always an assumption. So is the case with purity. It is difficult to find somebody who has shown cent per cent purity in thought and action, unsullied and perfect. So we need to come to terms with the fact that being imperfect or impure is the reality of nature. That we are imperfect by nature can be useful too, depending on the nature and degree of imperfection and how it is handled. Despite physical and mental imperfections, some people rose to great heights. Stephen Hawking acquired imperfection of body, by disease, but he is one of the greatest mathematicians today. Helen Keller made others respect disability. Scientists such as Einstein and Edison had imperfections in terms of learning disabilities at early stages of life. Franklin Roosevelt, despite his bodily imperfections, rose to become one of the greatest presidents of the USA. There are some parallels in science as to how imperfections in materials have given rise to new technology and knowledge. Of all kinds of solids, semiconductors constitute a very useful lot in the sense that these, more than any other type of solid, have contributed to modern electronics technology. Silicon is a popular semi-conductor. When silicon is doped with impurities like arsenic or boron, it becomes an impure semiconductor with more electrons or more holes respectively. Holes in electronics are treated as positively charged electrons. In the former case the semiconductor becomes n-type and in the latter, p-type. A junction of n-p-n or p-n-p semiconductors shows transistor action, the discovery of which has given birth to electronics technology. Alumina doped with impurities like chromium shows laser — light amplification by stimulated emission of radiation — action, which is another technological milestone. Ferromagnetic and ferroelectric materials show a pheno-menon called hysteresis that is used for making these materials as memory devices in computers and audio recording. Ferromagnetic materials are characterised by a parallel magnetic order below some characteristic temperature, while ferroelectrics have similarly-ordered electrical moments. Dislocations, which are one type of imperfections, are responsible for the hysteresis in these materials. Alloys are another kind of impure materials, which are more useful than the constituent pure materials. Qualities, which appear to be detrimental at first sight, sometimes turn out to be important in reality. Just as we succeed through failures, things get perfected through imperfections. Living beings evolved through imperfections. Efforts in the right direction can decrease the level of imperfection. Social order sets in passing through several stages of imperfections. While perfection is an unachievable end point, imperfection is the means with strong signatures of reality. Imperfection, which is considered as a negative aspect, could be converted into strength and made useful, as illustrated selectively, in both real life and matter. Perfection does not necessarily mean strength and stability; impurities often contribute to sturdy development of both mental and physical attributes — so let's make the most of imperfections.

The writer teaches physics at Berhampur University, Orissa.

INTRADAY TIPS FOR 13TH DEC, 06

2006-12-13T08:59:00.000+05:30

The Bank of India Rattles Bombay stocks

The Reserve Bank of India (RBI) is heeding the call of the G-20, and is asking its banks to set aside the cash equivalent to 5.5% of deposits from 5% previously. The move is aimed at curbing the explosive Indian M3 money supply, which is expanding at an annualized 19.5% rate. India’s $775 billion economy grew at an annualized 9.2% rate in the third quarter, second only to China’s 10.4% growth rate.

Bank of India chief Yaga Venugopal Reddy is faced with pressure from Prime Minister Manmohan Singh to support an annual growth target of 10% next year, while near-record lending by banks and explosive money supply growth exerts upward pressure on inflation. Wholesale price inflation in India accelerated at 5.45% clip in November, just slightly below the central bank’s 6% reverse repo rate.

Still, it will be difficult for the central bank to rein in the M3 money supply growth rate, expanding at an annual 19.5% rate, unless it stops intervening in the currency markets. India’s foreign-currency reserves rose by $8 billion last month to a record $175.5 billion on December 1st, reflecting the central bank’s money printing and intervention operations in the currency markets.

Expectations of a squeeze in liquidity lifted yields on 10-year Indian government bonds to 7.66%, up 27 basis points since the RBI announcement to raise the bank cash reserve ratio, draining 135 billion rupees and leaving less to invest in bonds and stocks. On top of that, corporate tax payments are expected to drain another 300 billion rupees. The Indian overnight call money rate hit a high of 7.75%, above the RBI’s main lending rate of 7.25 percent.

One week ago, the Bombay Sensex index hit a record high of 14,035 on Dec 6th, but has since lost 7% of its value in a broad-based sell-off, triggered by the surprise RBI tightening move. Earlier today, the Sensex index fell as much as 555 points, or 4.1%, to as low as 12,844. The bearish mood in Indian blue chips and banks centered on shocking news that India’s industrial production plunged to an annualized 6.2% growth rate in October, nearly half the 11.4% rate in September.
By Gary Dorsch – Editor, Global Money Trends

IN SHORT ABT M1, M2, M3
M1 is all of the currency, plus all of the money held in checking accounts and other checkable accounts.
M2 is M1 plus all of the money held in money market funds, savings accounts and small CDs
M3 is M2 plus all of the large CDs.

STOCK OF THE DAY: - Suven Life Sciences, targets 109.50, 111 support at 104 book loss if it hit 103/102.

NIFTY SUPPORT & RESISTANCE :-
S1- 3622 , S2- 3565, S3- 3516. R1 – 3744, R2- 3777, R3- 3794.

Accumulate good stocks in small qty [ as per one’s capacity] at every new fall.

INTRADAY TIPS FOR 12TH DEC, 06

2006-12-12T08:44:00.000+05:30

Head Line – The Economic Times – Sensex gets the CRR chill.
What is CRR?
Choose your answer

A 1 Completely Robbed & so Restless.
A 2 Compulsory Rest for Rejuvenation.

Wait for storm to get over. Intraday traders strictly avoid market..
For long term investors this is opportunity to buy.
HCC next support 144.
IL & FS INVESSMART is holding fort but not able to break 208 if broken next target is 224 & if falls next support is 192.
Kilburn eng has support at 68.
Nagarjuna Construction has support at 192.

There may be panic selling to day.

NIFTY: - support 3777.

For compulsive trader who loves to take risk –
ALBK has resistance at 96 & support at 88
If crossed 96 target 99 for intraday

INTRADAY TIPS FOR 11TH DEC, 2006

2006-12-11T09:08:00.000+05:30

On Friday sensex lost 172 points & nifty 53 points. in my 7th Dec, posting
I have said that Market will be bearish below 3976.
In falling market my tip of Premier Explosives done well.
As per my observation if open & high price of a share is same then most of the time it goes down.
On Friday Index heavyweight Reliance Industries (RIL) lost 2.68% to Rs 1,265.90, on a volume of 11.20 lakh shares. The stock has slipped sharply from an intra-day high of Rs 1,310,
BSE OPEN & HIGH 1310 - NSE OPEN & HIGH 1305.
Taking a break till clear trend emerge is advisable and also accumulating good stocks if market falls further – for example Kilburn Engineering, IL & FS Investsmart, HCC etc.
Upon request from friends / relatives checked graphs of followings scrip’s and I found them weak from short term perspective.
HDFC Bank, Alps Ind., Liberty Shoes, Hanung Toys, Globalvect, Hindmotor,Uttamstl,Nagarjuna Fert, and RPL.
Finally there should not any problem if sensex shed 200/400 points at 14K.
Long term view is intact only day traders and short term players get hit.

INTRADAY TIPS FOR 8TH DEC, 2006

2006-12-08T08:38:00.000+05:30

India Infoline, targets 303/304 & above 304 may hit 309, 319.
Fiem Industries, targets 133.50, 136, 140.
Premier Explosives – code- 526247 , targets above 52 it may hit 55/56

Gateway Distriparks Limited & Hindustan Construction looks good for delivery.

GENERAL :- Intraday trades are not that good as they were in good olden days, Bayer Crop Science, code no- 506285, targets 265,271,280 this my call of 6th Dec,06 , hit 282.30 on 7th Dec,06 , day’s low was 242 in B.S.E.

If target not hit I prefer to take delivery, I will get out from IDBI at 88.
It had hit my first target of 84.30.
To day too I will play in Hindustan Construction it has very strong support at 160 , also Nagarjuna Construction looks good as long as it trades above 208 & if breaks 224 it will zoom to 239/240. It had hit 222 in B.S.E. and my first target was 219.

A minister dies and is waiting in line at the Pearly Gates. Ahead of him is a guy who's dressed in sunglasses, a loud shirt, leather jacket, and jeans.
Saint Peter addresses this guy, "Who are you, so that I may know whether or not to admit you to the Kingdom of Heaven?"
The guy replies, "I'm Joe Cohen, stockbroker, of New York City."
Saint Peter consults his list. He smiles and says to the stockbroker, "Take this silken robe and golden staff and enter the Kingdom of Heaven."
The stockbroker goes into Heaven with his robe and staff, and it's the minister's turn. He stands erect and booms out, "I am Joseph Snow, pastor of Saint Mary's for the last forty-three years."
Saint Peter consults his list. He says to the minister, "Take this cotton robe and wooden staff and enter the Kingdom of Heaven."
"Just a minute," says the minister. "That man was a stockbroker-- he gets a silken robe and golden staff but I, a minister, only get a cotton robe and wooden staff? How can this be?"
"Up here, we work by results," says Saint Peter. "While you preached, people slept; his clients, they prayed."

INTRADAY TIPS FOR 7TH DEC, 2006

2006-12-07T08:01:00.000+05:30

IDBI, targets – 84.30, 85, 86.
Satyam, targets – 470, 479.
Hindustan Construction, targets – 167, 175.
Nagarjuna Construction, targets 219,223 & if crossed 224 with good volumes then may touch 233.

GENERAL: - Market will be bearish below 3976.

Last week I read 2 articles on Dabbawalas of Mumbai, I am posting them here for viewrs of my blog.
A

It is a common sight for many of us in Mumbai. A modestly dressed topiwala is often seen wading through the maze of Mumbai traffic both in the streets and on railway platforms/compartments carrying handful of tiffins – dabbas as they are known. Almost from morning to evening more than 5000 of these hardworking men deliver almost 200,000 dabbas to their hungry customers, everyday. Welcome to the world of dabbawalas whose mission in life is to ‘deliver food to their customers on time’!

Ever since the time the BBC filmed a documentary of the dabbawalas, they have created a unique place for themselves in the minds of the people. After Prince Charles visited them and appreciated their efforts, their popularity started rising fast. When they were awarded the Six Sigma status for faultless delivery of the tiffins, the B-schools started showing keen interest in their activities. Ever since, they have addressed the IIMs and other B-schools in India, while they have also been invited to international conferences to share their experiences and work ethic.

However, when they visited MET few weeks ago it was found that all the praise heaped on them had a pathetic tinge to it. When we examined their monthly returns, they were averaging around a measly sum of Rs. 5000/-. If we assume a family size of say four, the annual income of Rs.60,000 comes to Rs.15,000 or US $ 333.3 per capita. Sadly, it is about half of national per capita income, which is around US $ 650 per annum. This is a sad state of affairs by any standards and way below the national poverty line of US $ 2 per day. This meager remuneration is further subject to downfall. In case, the poor dabbawala meets with an accident or is unable to attend to work for any reason since he has no insurance cover or any other safety net to fall back upon.

Closer scrutiny of the daily routine of the dabbawalas, confirmed our belief that they live on the edge all the time. They are exposed to high degree of risks as they have to resort to low cost means of transport like bicycles and handcarts to wade through the thick of traffic in the morning rush hours. The act of balancing three-meter long 50 kg plus tiffin carrier through the mass of the commuters can surpass the feat of a tight-rope-walker, day in day out. They spend most of the day in the midst of mind-boggling office goer rush and therefore it has high degree of risks, which are left totally unattended.

While the media and the social workers at large appear to offer high degree of emotional support to the dabbawalas very little seems to have resulted into lowering of his risk profile or improving the quality of his life. One wonders whether the intellectuals/thought leaders, opinion makers and the society at large have turned a blind eye to the woes of the dabbawalas and chosen to look the other way. Whether it is by design or default, the dabbawalas seem to have been left to their fate. One is anguished when we weigh the contribution of the dabbawalas to the society as outlined in the cover story and the paltry payback they have received till date – about US $ 6.6 per month or a meager 26 Cents per day per consumer! If one has to paraphrase Sir Winston Churchill:

“Never in the field of human food delivery was so much owed by so many to so few”.

However, instead of waxing eloquence about the past, MET has chosen upon itself to initiate steps that may help improve the quality of life of the dabbawalas. It has initiated measures to provide a safety-net to the dabbawalas by trying to rope in the support of Insurance sector through appropriate policy cover. It has attempted to cover most of the risks to the entire family while ensuring emergency support and relief mechanism. There is also an attempt to utilize the advertising potential of the dabbas and the outreach of the system to drive home and deliver socially relevant messages. It is heartening to note that national agencies like the LIC and New India Assurance Ltd. have shown keen interest to support the cause. This new policy initiative entitled “ANNADOOT” launched by MET, has been well received by the stakeholders.

In conclusion, we must realize that as responsible members of civil society, it is not only our task to clap and applaud the service performers but we must watch with a keen eye, the very processes and tools which help us receive the fruits of their labour. While we may agitate about child labour or oppression of the weakest, we must be vigilant about the exploitation of those who carry the burden of society without a whimper. Even if we cannot always tax the consumers, we must find ways and means whereby relief and dignity are restored to every section of the society. The answers are there for all of us to seek and carve out, provided we are willing to reach out of the underprivileged and exploited sections and strive to find a human solution to their misery. Or else, we will soon be heading back into the dark ages when Nero fiddled while Rome was burning and the Romans applauded at the colosseum as the gladiators waged cruel battles of death with the helpless.
By PROF. VIJAY PAGE

B

In short about 2nd article -

Mumbai 'Dabbawalas' join AIDS awareness campaign

Mumbai, Dec 1 : To create awareness about HIV/ AIDS among the Mumbaikars, voluntary bodies working to prevent the disease supplemented the AIDS awareness project by roping in the famed Dabbawalas of Mumbai on World AIDS Day today.

Dabbawalas gladly reciprocated such an endeavour by saying it would help the society and create awareness among the people.

"This is good for the society because the tiffins go directly to the people. They come to know about AIDS," said Arjun, a Dabbawalla.

The awareness campaign has also received a good response from the public.

INTRADAY TIPS FOR 6TH DEC 2006

2006-12-06T08:58:00.000+05:30

FUNNY PICTURE
EVOLUTION OF MAN’S LIFE.

Hindustan Construction, targets 171, 175.

Pearl Global, targets 139,141, 143, 146.

Suven Life Sciences, targets 108, 111.

Bayer Crop Science, code no- 506285, targets 265,271,280.

Sinclairs Hotels, targets 166,171,175.

Indoco Remedies, targets 315.50, 320, 330.

Q. Why couldn't the Day traders agree where they meet to get together?
A. They all wanted to keep their Options open until the last minute.

INTRADAY TIPS FOR 5TH DEC 2006

2006-12-05T08:52:00.000+05:30

NO CALLS TO DAY.

LONG TERM INVESTOR BUY IL & FS Investsmart Ltd.

INTRADAY TIPS FOR 5TH DEC 2006

2006-12-05T08:44:00.000+05:30

NO CALLS TO DAY.
LONG TERM INVESTOR BUY IL & FS Investsmart Ltd.
Yesterday I read two articles & I felt viewrs of my blog must read them.

INTRADAY TIPS FOR 4th DEC 06

2006-12-02T12:09:00.000+05:30

NIIT Ltd , targets 497, 501, 522.

IPCALAB, targets 533, 540, 560.

Aegis Logistics, targets 166, 173.

Alstom Projects, targets 471, 479, 490.

NOTICE

2006-11-27T18:35:00.000+05:30

Taking few days leave from market & will resume my postings of intraday tips from 1st or 4th Dec.2006.
Technorati Profile

INTRADAY TIPS FOR 27TH NOV, 2006

2006-11-27T08:42:00.000+05:30

"Go ahead and take risks... just be sure that everything will turn out OK." - Anonymous.

Ipca Laboratories, targets 476,507,540
UTV Software, targets 269,275,285

GENERAL :- Market may correct very sharply this week.

INTRADAY TIPS FOR 24TH NOV

2006-11-24T08:59:00.000+05:30

Just Make Sure That You Get Lucky.

“. Luck is more a questation of attitude than of a blind destiny. If you want to be lucky, expect to be lucky. Then make your expectation dynamic by going out and meeting luck halfway, don’t wait passively for it to come to you.”
---- By Swami Kriyananda.

ADANIENT, targets 187, 189, 191
Action Construction, targets 281,285, 290
ADLABSFILM, targets 410, 415, 419, 433
FINANTECH, targets 2122, 2126, 2175, 2185
GDL, targets 198, 206 [has resistance @ 192, take delivery if target not achieved good for short term.]
GOOD FOR TAKING DELIVERY: - STROPTICAL, Tantia Constructions, UNIPHOS [512070], & RSYSTEMS [532735].
GOOD FOR LONG TERM: - Kilburn Engineering.

INTRADAY TIPS FOR 23RD NOV, 2006

2006-11-23T08:59:00.000+05:30

Hindustan Motors, targets 42.50, 44.10.
Nicholas Piramal, targets 248, 252.90.
BOMDYEING, targets 824, 831, 851.
Everest Kanto, targets 539, 552, 570.60.
TATAINVEST, targets 404.10, 415.

INTRADAY TIPS FOR 22ND NOV, 2006

2006-11-22T08:38:00.000+05:30

REI Agro Ltd, targets 171,173,175,178.
Sterlite Optical, targets 216,220,223.
Century Textiles, targets 631,635,639,645.
HEG Ltd, targets 173,175,178,186.

FROM THE MEMORY LANE: - Premchand Roychand was a 19th century Indian businessman known as the "Cotton King" and "Bullion King".

Born in 1831 he was the son of Roychand Dipchand, a merchant from Surat. The Roychand family moved to Bombay when Premchand was a young boy. Recorded as the first Indian broker to speak, read and write English, he entered the lists as a stock broker in 1849. Apart from the capital markets, Premchand Roychand had significant business interests in the cotton and bullion markets along with stock market. He was the founding member of the Bombay Stock Exchange

He reaped enormous profits from the cotton boom that changed Bombay's economy for all times to come. Founder of the Bank of Bombay, people flocked to his Mazgaon mansion when it was illuminated on festive occasions.

The Rajabai Clock Tower in the University of Bombay, named after his mother, was built from a donation of Indian Rupees 2, 00,000 by him, as was the library.

INTRADAY TIPS FOR 21TH NOV, 2006

2006-11-21T08:57:00.000+05:30

Reliance Communication, targets 412,415,418.
MPhasis BFL Ltd, targets 283,287,297.
Jet Airways (India) Ltd, targets 682,686.

INTRADAY TIPS FOR 20TH NOV, 2006

2006-11-18T17:10:00.000+05:30

Bombay Stock Exchange Ltd. popularly called B.S.E established in 1875.It is oldest stock exchange in Asia.
An informal group of 22 stockbrokers began trading under a banyan tree opposite to the Town Hall of Bombay, from mid 1850, each investing a PRINCELY AMOUNT OF RUPEE 1!

Nifty closes at 3852.80, only 0.62% down but advance decline ratio was negative.
Following stocks looks good for intraday trades provided there is no further downtrend in market.

Punjab National Bank, targets 538,543,550.
Ashapura Minechem Ltd, targets 236,239,242.
Hindustan Petroleum Corporation, targets 325,333,335.

INTRADAY TIPS FOR 17TH NOV, 2006

2006-11-17T09:11:00.000+05:30

Era Constructions, targets 464,472.
ITD Cementation India, targets 591,603,607,625.
Adani Enterprises, targets 164,169.
Geodesic Information Systems, targets 236,239.
Havells India, targets 331,336,341

GENERAL: - I personally prefer to avoid market on every Friday’s or to take very cautious view.

Q: Why did God create stock analysts ?
A: In order to make weather forecasters look good.

INTRADAY TIPS FOR 16TH NOV, 2006

2006-11-16T08:38:00.000+05:30

PNB

Tata Elxsi Ltd, buy above 256, targets 261,270.
Punjab National Bank, targets 560,574.

INTRADAY TIPS FOR 15TH NOV 2006

2006-11-14T20:18:00.000+05:30

Bannari Amman Spinning Mills

Bannari Amman Spinning Mills, targets 133,136,142.
Heritage Foods (India) Ltd, targets 148,151,157,167.

Sterling Biotech Ltd, targets 156,158.

Sterlite Optical Technologies Ltd, targets 212,215.

GOOD FOR INVESTMENT :- Subhash Projects & Marketing Ltd ,

P B A Infrastructure Ltd.

INTRADAY TIPS FOR 14TH NOV,2006

2006-11-13T20:06:00.000+05:30

KEI

GHCL Ltd, targets 184,187.

NTPC Ltd, targets 140,143.

KEI Industries Ltd, targets 405,413,430.

IOC looks weak, oversold.

INTRADAY TIPS FOR 13TH NOVEMBER 2006

2006-11-11T20:53:00.000+05:30

STERLINBIO

GENERAL: - No one can predict market correctly all the time and most of the time market surprises i.e.
When people think it will go up, it goes down.
SHORTING: - What I found that one can consistently make profit by short selling stocks in Bull and Bear Market, but in practice, short selling is one of the most difficult skills to master. However if one master’s this fine art of short selling, one can make good money.
HOW TO SHORT? : - 1] Spot a weak stock, check its graph for confirmation.
2] Find out its resistance level & support level.
3] In the beginning just write it down in your diary that I will short stock A at Rs. xxx & will buy back it at Rs. xxx, do this exercise for 15 day’s to find out how many times you proved right and wrong. This exercise will expel your Fear of shorting.
4] DO NOT FORGET TO CHECK CIRCUIT LIMIT.
WEAK STOCK: - I found that following stocks weak as per their graph.
Arvind mill, Dhampur sugar, Maruti, TVS motor (As on 10th November 2006).

STERLINBIO : - This stock is in delivery call, targets for 2 day 149,151,152.10, 158.40.
One should enter into this if he/she is ready to take delivery if targets are not achieved.
ACC has resistance at 1024 but may cross it to touch 1035 in intraday.

INTRADAY TIPS FOR 10th NOV,06

2006-11-10T05:15:00.000+05:30

FINANTECH

Financial Technologies , buy above 1920, targets - 1958, 2016 [has R @ 1920]
Bombay Rayon Fashions, targets - 234,239.
Sasken Communication Technology, targets - 501,506,511,521.
Bank of Maharashtra, targets - 38.40,40.
Pratibha Industries, targets - 255,259,267

INTRADAY TIPS FOR 9th NOV,06

2006-11-09T05:21:00.000+05:30

NOIDA

Noida Toll Bridge,targets 42.55,43,44.10.
MAHSEAMLES,targets 439,442,453.
STERLINBIO,targets 134.50,136

INTRADAY TIPS FOR 8th NOV,06

2006-11-08T09:03:00.000+05:30

BINANI

Gujarat Ambuja Cements Buy @ 129.75 targets 132.75,134.
Bank of India Buy @ 176.60 targets 178,180.90.
Binani Industries Buy @ 315 targets 334,345Sun TV Ltd Buy @ 1292 targets 1328,
1352,1358 .

INTRADAY TIPS FOR 7th NOV,06

2006-11-07T09:13:00.000+05:30

EICHERMOT

AVAYA

Intraday trades mean either book profit or loss, but a friend of mine has a bit of different approach. He enter into a scrip for intraday, which he won’t mind taking delivery for he is sure of its very short term prospect. Avaya GlobalConnect Ltd is of this category short term target 320.
Buy @ 295.20 targets 299,303,314,319
Eicher Motors Ltd Buy @ 391.50 targets 405,410,415,424.

INTRADAY TIPS FOR 6th NOV,06.

2006-11-04T11:26:00.000+05:30

Thermax

RIIL

CESC

Thermax Ltd Buy @ 336.60 targets 345,348,351,357.
CESC Ltd Buy @ 333.90 targets 338,341,351
Reliance Industrial Infrastructure Buy @ 568.70 targets 596.70,610.20

INTRADAY TIPS FOR 3rd NOVEMBER 2006

2006-11-03T07:30:00.000+05:30

PATEL ENG

HEG

ESAB INDIA

Patel Engineering Buy @ 384.15 targets 406,409,421
Esab India Buy @ 420.30 targets 435,448,469,511
HEG Ltd Buy @ 164.70 targets 171,176,190
TajGVK Hotels Buy @ 245.70 targets 251.256
check circuit limit

INTRADAY TIPS FOR 2nd NOV,06

2006-11-02T05:11:00.000+05:30

TULIPIT

PRAKASH

GMBREW

APIL

REVIEW: - In intraday LIC Housing Finance touched 191.45 & GTN Industries 46.90, but Sangam (India) Ltd failed to achieve target.
Tulip IT Buy @ 368.10 targets 378,381,384,390
G M Breweries Buy @ 139.50 targets 141.30,144,151,160
Alstom Projects India [APIL] Buy @ 450.90 targets 469,475,480,490
Prakash Industries Buy @ 42.80 targets 44.10, 45.90

{ pl click on the image for enlarged view}

INTRADAY TIPS FOR 1st NOV.06

2006-11-01T08:58:00.000+05:30

REVIEW :- Due to down trend in market Nahar Spinning could not achieved target.
TIPS FOR 1st NOVEMBER ,2006 :- Sangam (India) Ltd Buy @ 84.60 targets 88,91,98
GTN Industries Ltd Buy @ 38.70 targets 43,45
LIC Housing Finance Ltd Buy @ 185 targets 189,192
GENERAL :- As per old unwritten rule of market one must avoid trading in equity of a company prior & next day of its results but temptation compels one to ignore this.

INTRADAY TIP FOR 31st OCTOBER,2006

2006-10-31T08:34:00.000+05:30

REVIEW: - Nectar Life science touched 173 i.e. achieved my first target of 171 in B.S.E. but Kabra Extrusion opened with gap @ 117.10
& touched 129.70 day’s high. Closed @ 118.50. It has resistance @ 120 if it breaks it with good volume then will try to touch 128.
Lastly tip of 27th OCT,06. GDL. As long as it is trading above 176 it is bulish has first resistance @ 192 & second @ 208.
INTRADAY TIPS FOR 31st OCT.06:- Buy Nahar Spinning Mills Ltd @ 250.20 targets 256,263,280.

{pl click on image for enlarged view}

INTRADAY TIPS FOR 30 OCTOBER 2006

2006-10-29T08:15:00.000+05:30

Nectar Lifescience

Nectar Lifescience looks good, buy @165.60 targets 171,175.
Another stock is Kabra Extrusion buy at 113 and sell at 116.
mmsawerdekar.

[pl click on the graph for enlarged view.]

INTRADAY TIPS FOR 27th OCTOBER,2006.

2006-10-27T08:01:00.000+05:30

Yesterday NIIT TECH hit 236.50 in intraday & Inggersoll Rand 353 as predicted by me.
STOCK OF THE DAY :- Gateway Distriparks Ltd [GDL] buy @ 180 targets 184,186,188,192.

INTRADAY TIPS FOR 26th OCTOBER,2006

2006-10-26T08:46:00.000+05:30

GENERAL :- To day last day of FnO. Fed kept rates steady,Wall Street managed a tiny gain Wednesday, enough to give the Dow Jones industrial average another record close.
Fire may shut RIL refinery shut for 15 days.
For intraday Ingersoll Rand looks the best may touch 345,352. Union bank & PNB looks weak.

Intraday tip for 26th Oct.06

2006-10-24T17:04:00.000+05:30

Intraday tip for 26th Oct.06
Buy Niit Tech buy @ 230 targets 235/240

intraday tips

2006-10-24T15:58:00.000+05:30

intraday

2006-10-24T15:57:00.001+05:30

intraday

2006-10-24T15:57:00.000+05:30

intraday

INTRADAY TIPS IN INDIAN EQUITY

2006-10-24T15:29:00.000+05:30

Hi,
I am in stock market from 1970, my intraday tips are amazingly perfect. I would like to get in touch with other intraday players.

with regards
S.Mahesh