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21st September 2010

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Market Technicals for the next 5 Trading Days
Indian Markets Technicals


We expect Nifty & Sensex to touch 6025 & 19991 above 5838 & 19386.
If the markets moves below 5838 & 19386 levels, then it will try to touch 5651 & 18781 levels.

Economy

We expect the price of Ginger to rise by 25-30% in next 1 year.
We also expect the price of Coriander to rise by 34-40% in next 1 year.

Derivatives Calls
Futures (Weekly)


Hold Long Nifty September'10 with a target of 6025.00 & with a stoploss below 5953.00. Buy call given @ 5728.00.
Hold Long BankNifty September'10 with a target of 12363.00 & with a stoploss below 12189.00. Buy call given @ 11554.00.

Very Long Term Delivery Calls (1-2 Years)
We strongly recommend a buy on Zydus Wellness Ltd. at current levels with a long-term target of 1589.00.
We strongly recommend a buy on Zylog Systems Ltd. at current levels with a long-term target of 1459.00.

Long Term Delivery Calls (4-6 Months)
We strongly recommend a buy on Alkyl Amines Chemicals at current levels with a long-term target of 148.00.
We strongly recommend a buy on Sutlej Textiles & Inds. at current levels with a long-term target of 353.00.

Medium Term Delivery Calls (3-4 Months)
We strongly recommend a buy on Havells India Ltd. at current levels with a medium-term target of 1059.00
& with a stoploss below 680.00.
We strongly recommend a buy on Himadri Chemicals & Inds. Ltd. at current levels with a medium-term target of 693.00 & with a stoploss below 477.00.

Short Term Delivery Calls (1-2 Months)
Buy Hindustan Construction Co. Ltd. at current levels with a short-term target of 73.00 & with a stoploss below 60.00.
Buy Hindustan Oil Exploration Co. Ltd. at current levels with a short-term target of 288.00 & with a stoploss below 245.00.

Very Short Term Delivery Calls (5-10 Days)
Sell Tech Mahindra Ltd. at current levels with a very short-term target of 693.00 & with a stoploss above 728.00.
Buy Thermax Ltd. at current levels with a very short-term target of 849.00 & with a stoploss below 796.00.
Buy Titan Inds. Ltd. at current levels with a very short-term target of 3305.00 & with a stoploss below 3166.00.
Sell Torrent Power Ltd. at current levels with a very short-term target of 319.00 & with a stoploss above 338.00.

Performance of Calls

Videocon Inds. Ltd. buy call given @ 213.75 has achieved its target of 242.00 & has given a profit of 13.22% in 15 Days.
Allahabad Bank buy call given @ 99.80 has achieved its target of 208.00 & has given a profit of 108.42% in 1 year.
LIC Housing Finance Ltd. buy call given @ 1058.75 has achieved its target of 1249.00 & has given a profit of 17.97% in 21 Days.
Vijaya Bank buy call given @ 69.70 has achieved its target of 80.00 & has given a profit of 14.78% in 22 Days.
SKF India Ltd. buy call given @ 455.90 has achieved its target of 592.00 & has given a profit of 29.85% in 2 Months.
Asian Paints Ltd. buy call given @ 1737.90 has achieved its target of 2752.00 & has given a profit of 58.35% in 8 Months.
Som Distilleries & Breweries Ltd. buy call given @ 55.00 has achieved its target of 72.00 & has given a profit of 30.91% in 28 Days.
Jindal Poly Films Ltd. buy call given @ 398.90 has achieved its target of 815.00 & has given a profit of 104.31% in 2 Months.
Religare Enterprises Ltd. buy call given @ 412.85 has achieved its target of 510.00 & has given a profit of 23.53% in 2 Months.
Honda Siel Power Products Ltd. buy call given @ 250.00 has achieved its target of 612.00 & has given a profit of 144.80% in 8 Months.
Clariant Chemicals India Ltd. buy call given @ 382.65 has achieved its target of 775.00 & has given a profit of 102.53% in 1 year.
Andhra Pradesh Paper Mills Ltd. buy call given @ 137.75 has achieved its target of 196.00 & has given a profit of 42.29% in 1 Month.

Please let me know your thoughts on this subject.

I look forward to hearing from you. Thank you for letting me express my concerns to you.

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