Development Credit Bank Ltd


                    



The initial public offering (IPO) of Indiabulls Power, a subsidiary of Indiabulls Realty will open for subscription on October 12, 2009 and will close on October 15, 2009. The company is expected to raise around Rs 2,000 crore. The proceeds of the issue will be used to part finance the construction...


AIM-listed integrated studio operator Eros International plc is planning to list its wholly-owned Indian subsidiary on the Bombay Stock Exchange in the current financial year. Eros International plc, has firmed up its plans to list Eros International Media Ltd, its wholly-owned subsidiary company...



The initial public offering (IPO) of Thinksoft Global Services was subscribed 2.57 times as per the NSE website. The issue received total bids for 93,70,900 shares against its issue size of 36,46,000. The issue was scheduled to close on September 24 but was extended due to lukewarm response from...

Apollo Tyres

Bharati Airtel

Bharat Heavy Electricals

Godrej Consumers

IDBI Bank

IPCA Lab

ITC

Reliance Industries

Torrent Pharma

UltraTech Cement

                           BUY BSEL INfra Tgt is 42
                           BUY KFA tgt is 100 short time calls



(Daily)

NewsLetter

Date: - 1-10-09


Performance



Again Buy ESCORTS 108-8.5 , STOPLOSS 107 TARGETS 111-& 115 INTRDAY

Status: Touched 112 (Profit 3/share)


Sell Nifty Future 5075-5084, stop loss 5099 targets 5032-5022 intraday & Positional targets after the break out 5013 you may see correction as 4900-4800-4755

Status: Touched 5041 & bounce back up and closed 5066


Buy ESCORTS 110, stoploss 108 targets 115-117

Status: Stoploss hit (lost Rs. 2/share)



Buy PARSVNATH 141-142, stoploss 138 targets 155-159 & 163

PARSVNATH

Status: Touched 151 & Booked 149 (Profit Rs. 8/share)



Buy DLF @435, stoploss 432 targets 445-449

Status: Touched 445 (Profit Rs. 10/share)




Buy tatasteel 508-509, stoploss 504 target 514-519 & 522

Status: Touched 514 (Profit Rs. 8/share)









Delivery Call:

Buy Zenith Export ltd above 61 for targets 89 & 101(actually this call have been give at 50)


Future Trading:

Oct. fut. Sell EssarOil 160.5-162, stoploss 163.7 targest 155.5-114 and positional targets 141-129-125

Status: Closed 158 & waiting for much profit


Try: Oct. fut. Buy JindalStel Fut. 583-590, stoploss 570 targets 621 & 649 as positionally & intraday target 599-611

Status: Touched 603





WORLD MARKET



American Market

Dow Jones        - 30
Nadaq               - 2

Asian Market (Updated 7:20am)

Nikkei               - 143
Hangseng          -  58
Shrait Times     - 20





Points to BeObserved


Negative News: 




ANALYSIS OF NIFTY INDEX



Future Intraday Nifty




Sell Nifty Future 5075-5084, stop loss 5099 targets 5032-5022 intraday & Positional targets after the break out 5013 you may see correction as 4900-4800-4755



Market is Trend is up-side (bullish); Nifty Target is possible 5176-5200 and 5300-5400 as positional. Actually nifty have been broken ascending triangle by bull at 4768…


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