Market Choppy

Aug 31, 2008 at 8:25 PM

Readers Hi,

Thanks to the Friday's heroics, last week BSE Sensex gained 159 points or 1.1% to 14,564 and Nifty edged up 31 points or 0.71% to 4,360 otherwise the market would have been down by around 2.5%

Crude Oil has touched $117 now.

FII have sold worth 1176 Cr and Domestic MF has also sold around 759 Cr during the last week.

Inflation at 12.40% was lower than 12.63% for the previous week.

Central Statistical Organisation (CSO) said Gross Domestic Product (GDP) in the fiscal first quarter grew by 7.9% as against 8.8% in the fourth quarter of the last fiscal year.

Nuclear Suppliers Group (NSG) meeting begins on 4th September would give some direction to the market. Next week's inflation numbers would be interesting and would give the real direction of the inflation numbers.

Every week there is a good amount of FII outflows. There are rumours that in the next 10 days, 2 FII would completely exit the Indian Stock Market. This news could crash the market by 2-3% in just one day.

No major positive triggers would make the Market Choppy.

1) Shares - Target Achieved

Type	Company Name	Date Added	Target Achieved	No of days	Reco Price	Target Price	Peak Price	% Gain	Annualized % Gain
ST	Sejal Architectural Glass	17-Jul-08	26-Aug-08	40	50.55	58	60.90	20.47	187.30

For more details visit www.vjondalalstreet.com/marketma.php

2) IPO - Listing Strategy
Resurgere Mines & Minerals India Limited - Listing on 1st September
www.vjondalalstreet.com/ipogmp.php

3) IPO - Allotment Status

Resurgere Mines & Minerals India Limited
Austral Coke & Projects Limited
Nu Tek India Limited

www.vjondalalstreet.com/ipoallot.php

Happy Trading!

http://www.vjondalalstreet.com
Bus Naam hi kaafi hain…

To subscribe [email protected]

You can also join the group with your mobile phone and get updates through sms. To subscribe SMS
JOIN VJonDalalStreet to 567673434

Disclaimer

All information provided is for informational purposes only, not intended for trading purposes or advice. Prior to execution of any trade, you are advised to consult your financial advisor to verify the accuracy of all information. We are not liable for any informational errors, incompleteness, delays, or for any actions based on information contained herein.

Resurgere Mines & Minerals India Limited Listing on 1st September

Aug 30, 2008 at 7:23 PM

Resurgere Mines & Minerals India Limited IPO is listing on Monday, September 1st, 2008

BSE Script Code: 533017
NSE Script Code: RESURGERE
Listing in: 'B' Group of Securities
ISIN: INE774I01015
Issue Price: Rs. 270/-
Face Value: Rs 10/- Per Equity Share

IPO was oversubscribed by 1.16 times

Non Institutional category subscribed 2.4129 times.
Qualified Institutional Buyers (QIBs) quota subscribed 1.3401 times.
Retail Individual Investors (RIIs) category subscribed 0.3967 times.

For our listing strategy visit the Grey Market Premium Page http://www.vjondalalstreet.com/ipogmp.php

Resurgere Mines & Minerals India Limited - Allotment Status

Aug 29, 2008 at 9:35 AM

Resurgere Mines & Minerals India Limited IPO Allotment Status is available now.

www.vjondalalstreet.com/ipoallot.php

Austral Coke & Projects Limited - Allotment Status

at 9:35 AM

Austral Coke & Projects Limited IPO Allotment Status is available now.

www.vjondalalstreet.com/ipoallot.php

Nu Tek India Limited Listing on 27th August

Aug 27, 2008 at 1:43 AM

Nu Tek India Limited IPO is listing on Wednesday, August 27, 2008

BSE Script Code: 533015
NSE Script Code: NUTEK
Listing in: 'B' Group of Securities
ISIN: INE318J01019
Issue Price: Rs. 192/-
Face Value: Rs 10/- Per Equity Share

IPO was oversubscribed by 1.63 times

Non Institutional category oversubscribed around 1.7816 times.
Qualified Institutional Buyers (QIBs) quota subscribed 2.0559 times.
Retail Individual Investors (RIIs) category oversubscribed 1.0096 times.

For our listing strategy visit the Grey Market Premium Pagehttp://www.vjondalalstreet.com/ipogmp.php

Sejal Architectural Glass - Target Achieved

at 12:51 AM

Sejal Architectural Glass

Recommendation Price - 50.55
Target Price - 58
Recommendation Date - 17-Jul-2008
Recommendation Type - Short Term

Today's High Price - 60.90
Target Achieved in 40 days
Target Achieved Date - 26-Aug-2008
Annual Gain - 187.30%
Actual Gain - 20.47%

www.vjondalalstreet.com/marketma.php

Nu Tek India Limited - Allotment Status

Aug 26, 2008 at 4:00 PM

Nu Tek India Limited IPO Allotment Status is available now.

www.vjondalalstreet.com/ipoallot.php

New Delivery Calls - 2 Short Term

Aug 25, 2008 at 12:40 AM

2 New companies have been added in the Delivery Calls for Long(2) term target.

For more details visit www.vjondalalstreet.com/marketshares.php

NEXT is Volatility!

Aug 23, 2008 at 11:28 PM

Readers Hi,

Last week BSE Sensex lost 319 points or 2.2% to 14,405 and Nifty edged down 101 points or 2.3% to 4,329

Crude Oil has touched $121 and now back to $114.

FII have sold worth 2095.60Cr and Domestic MF has also sold 263.80Cr for the last week.

Inflation at 12.63% was above 12.44% for the previous week is at 16 year high.

Interest rate sensitive sectors like Reality, Bank & Auto were hammered and fears of slowdown pulled down capital goods. IT & Pharma also lost a bit.

Fertilizers stocks saw a good jump after the finance ministry approved cash subsidy instead of earlier proposed bonds.

Now with Rs above 43 against dollar would boost IT, Jewellery and other export oriented companies.

No major events next week except Futures & Options expiry on 28th Aug. See some sudden surge in the coming days before the downtrend kick starts again to retest 3750.

Volatile Days Ahead

1) Share Recommendations

2 New companies added in the Delivery Calls for Long term targets.

For more details visit www.vjondalalstreet.com/marketshares.php

2) Mutual Funds - NFO

JM Multi Strategy Fund
JP Morgan India Alpha Fund
Sahara Banking and Financial Services Fund
ING Optimix Global Commodities Fund

www.vjondalalstreet.com/mf.php

Happy Trading!

http://www.vjondalalstreet.com
Bus Naam hi kaafi hain…

To subscribe [email protected]

You can also join the group with your mobile phone and get updates through sms. To subscribe SMS
JOIN VJonDalalStreet to 567673434

Disclaimer

Downtrend has started - Be cautious

Aug 17, 2008 at 2:31 PM

Readers Hi,

Last week BSE Sensex lost 443.64 points or 2.92% to 14,724.18 and Nifty edged down 98.80 points or 2.18% to 4,430.70

Crude Oil has touched $113.

FII have sold worth 620.90Cr and Domestic MF has bought 188.80Cr for the last week.

Inflation at 12.44% was above 12.01% for the previous week.

Approval for the implementation of the Sixth Central Pay Commission recommendations will boost the FMCG sectors and the consumer durables but will also cause dent in the fiscal deficit.

Lack of any positive news from SEBI regarding P-Notes punted the market.

The index of industrial production (IIP) stood at 269.1 in June as against 255.3 in the same month a year ago, translating into a year-on-year growth rate of 5.4% in industrial production versus 8.9% in June 2007.

NSG Clearance meeting is on 21st & 22nd August. It probably may not be successful and hence will not trigger any positive news to the market.

Rally is over and the downtrend has started. There are market rumours that we will soon see 4100 and will touch lower lows i.e around 3700.

Be cautious

1) Shares � Target Achieved

Investment Type	Company Name	Date Added	Target Achieved	No of days	Reco Price	Target Price	Peak Price	% Gain	Annualized % Gain
ST	MIC Electronics	11-Aug-08	14-Aug-08	3	125.20	144	144.60	15.50	1891.00
ST	Jai Hind Projects	11-Aug-08	13-Aug-08	2	103.55	119	123.25	19.02	2871.27
LT	ONGC	23-Jan-08	12-Aug-08	202	959.25	1140	1140.00	18.84	34.14
LT	FirstSource Solutions Limited	08-Jul-08	11-Aug-08	34	32.45	38	41.85	28.97	290.22
ST	Padmalaya Tele	07-Apr-08	11-Aug-08	126	12.95	15.27	15.27	17.92	52.05