We have analysed the whole restructuring of Sterlite Group announced by Vedanta Resources, the principal promoter of the group, yesterday and today we try to take a valuation call mainly on Madras Aluminium (MALCO) and Sterlite India Ltd. (SIIL) post-restructuring. There has been only re-allocation of various projects between MALCO and SIIL and only one… Read More »
All calls Hit tgt again ORG was up by 20% Voila buy 4300 put & 4500/4600 calls Follow hedging if one trade in option Buying adviced in Nagar Construction once crossed 135 ONGC looks a good buy for trade if it breaks 1110 BHEL around 1732 and next at 1,749 level for a tgt of… Read More »
All calls Hit the tgts ORG INformatics can hit One more UC Buy Glenmark INfra if it crosses 679.50 Buy Reliance around once it crosses 2140 BUY some 4400 Puts BHel and LT be a buyer at dips keep a SL of 2% and keep trailing SL
History has been made and India has got an entry into the nuclear club. So how does this benefit India Inc? That’s the biggest question playing in the minds of all and the market has infact even started celebrating, as though the deal has opened up an “Alibaba’s cave”! ü First and foremost, to allow… Read More »
Nuclear Deal Done Good for India Hard Fought Battle won after 33 years. But we should not get over excited.Market is showing good resilience on account of this news in the previous week.We should except gradual change in India’s Economic outlook with the progress of Nuclear Deal. Outlook for Coming week Nifty will open gap… Read More »
L&T L&T has done engineering, procurement and construction projects for nuke power plants. It is currently working on the 2,000 MW Kudankulam nuclear project. The company will get into mainstream nuclear projects if the deal goes through. L&T’s talks with Toshibha failed. It entered into a recent tie-up with Mitsubishi for super critical boilers. The… Read More »
WEEK GONE BYWeekly Resistance was suggested at 4540. Nifty topped at 4522.40 for the week. Also chances of Head & Shoulder pattern to be formed was hinted,the same has been formed on Nifty EOD Charts. WEEK AHEADHead & Shoulders Pattern is very bearish if Nifty breaks below 4159 on closing basis. Nifty Strong/Weak Above/Below 4370… Read More »
At the crux of this entire political conundrum, the core issue, which lays quite forlorn and forgotten is the nuclear issue. Today the politicians might have turned it into an opportunity to topple the UPA Govt but few remember that it all started with the nuclear deal. Surely few of these politicians would have actually… Read More »
The stock seems to have bottomed out at 2,000 levels After consolidating between the levels of Rs2,020-2,150, it has formed anUpside Breakout formation on the daily charts, breaching through the trading range of last week. Thedaily oscillators are also showing signs of revival in the stock with RSI showing a positive crossover. Be a buyer… Read More »