!!! Best Delivery Buy !!! Cipla Ltd : Rs 265.45 !!!

( Recommended in SAKAL NEWS PAPER. Arthvishwa ) : 22th June 2009

Notables Observes :

• Cipla pioneered Bulk Drug manufacturing in the country, which truly laid the foundation for the Pharmaceutical industry in India. Over the years our commitment to heal, protect and enrich lives has only grown, and so have our capabilities.
• Cipla's products & services are categorized into Prescription, Animal Products, OTC, Bulk Drugs, Flavours & Fragrances, Agrochemicals and Technology.
• Cipla has 31 world-class manufacturing facilities spread across the country, with dedicated plants for Oncology products, Hormones, Inhalers, Carbapenems, and Cephlosporins, among others. They more than meet the stringent international standards, such as that of US FDA, MHRA–UK, TGA Australia, BFarm–Germany MCC–South Africa, WHO, TPD- Canada.
• Cipla produces one of the widest range of products and dosage forms in the world today, everything from metered-dose inhalers, pre-filled syringes, trans-dermal spray patches, lyophilized injections, nasal sprays, medical devices, and thermolabile foams. Whether it is constantly extending our product range or consistently introducing innovations, the mission is always to make the life of the patient better.

Share Holding Pattern :

• Promoter : 39.38 %
• Public : 59.56 %

Financial Highlights :

• The Company has posted a net profit after tax of Rs 767.83 Crore for the year ended March 31, 2009 as compared to Rs 701.43 Crore for the year ended March 31, 2008.
• Total Income has increased from Rs 4271.13 Crore for the year ended March 31, 2008 to Rs 5338.37 Crore for the year ended March 31, 2009.

Technical Overview :

The stock On Weekly Chart has given a "Flag Pattern" Breakout,with huge volumes indicating the trend reversal and beginning of a uptrend. The stock is recomended to buy at cmp Rs265.45.

Support Levels :

• Support 1 : 258
• Support 2 : 239

Stop Loss : 221 on closing basis.

Targets :

• Targets : 304
• Target 2 : 325
• Target 3 : 339
• Target 4 : 356

Period : 5 to 6 months.

!!! Best Delivery Buy !!! Larsen & Toubro Ltd : Rs 1519.30 !!!

( Recommended in SAKAL NEWS PAPER. Arthvishwa ) : 7th June 2009 Larsen & Toubro Ltd : Rs 1519.30

• Larsen & Toubro Limited (L&T) is a technology, engineering, construction and manufacturing company. It is one of the largest and most respected companies in India's private sector.
• L&T has executed comprehensive projects in the areas of fertilizer and petrochemicals, airports, townships, hotels, public buildings, bridges, transmission lines, water treatment plants, hydro-electric power stations and irrigation structures in various countries - the Middle East, South East Asia, Russia, CIS, Mauritius, African and SAARC countries.
• L&T has an international presence, with a global spread of offices. A thrust on international business has seen overseas earnings grow significantly. It continues to grow its overseas manufacturing footprint, with facilities in China and the Gulf region.
• Seven decades of a strong, customer-focused approach and the continuous quest for world-class quality have enabled it to attain and sustain leadership in all its major lines of business.
• The company's businesses are supported by a wide marketing and distribution network, and have established a reputation for strong customer support.
• L&T believes that progress must be achieved in harmony with the environment. A commitment to community welfare and environmental protection are an integral part of the corporate vision.

Financial Highlights:

• L &T Group has posted a profit after tax of Rs 3789.46 Crore for the year ended March 31, 2009 as compared to Rs 2325.36 Crore for the year ended March 31, 2008.
• Total Income has increased from Rs 29847.69 Crore for the year ended March 31, 2008 to Rs 41055.24 Crore for the year ended March 31, 2009.

Technical Overview :

• The stock On Day Chart has given an "Triangle Breakout" with huge volumes,indicating the stock to outperform in short term.The stock is recommended to buy cmp Rs 1519.30 with Short term view.

Support Levels :

• Support 1 : 1462
• Support 2 : 1416

Stoploss : 1359 on closing basis.

Targets :

• Target 1 : 1649
• Target 2 : 1682
• Target 4 : 1810
• Target 3 : 1936

Period : 2 to 3 months.

!!! Best Delivery Buy !!! IDFC : Rs 133.55 !!!

( Recommended in SAKAL NEWS PAPER. Arthvishwa ) : 7th June 2009

Infrastructure Development Finance Company Ltd ( IDFC ) : Rs 133.55

Notable Observes :

• Infrastructure Development Finance Company Limited ('IDFC') was incorporated in 1997 as a public limited company. IDFC is positioned as a special financial institution, which is focused infrastructure as a financier and as well as advisor.
• IDFC's existing businesses, directly and through its subsidiaries, include Project Finance, Principal Investments, Asset Management (for third party funds), Investment Banking, Institutional Broking and Advisory Services.
• IDFC has also broadened its intial focus on power, roads, ports & telecommunications to a framework of energy, telecommunications & information technology, integrated transportation, urban infrastructure, health care, food & agri-business infrastructure, Education Infrastructure & Tourism.

Financial Highlights:

• The Group has posted a net profit of Rs 749.82 Crore for the year ended March 31, 2009 as compared to Rs 742.14 Crore for the year ended March 31, 2008.
• Total Income has increased from Rs 2806.47 Crore for the year ended March 31, 2008 to Rs 3636.81 Crore for the year ended March 31, 2009.

Technical Overview :

• The stock On Day Chart has given an "Flag Breakout" with huge volumes,indicating the stock to outperform in short & Long term.The stock is recommended to buy cmp Rs 133.55 with long term view.

Support Levels :

• Support 1 : 127
• Support 2 : 118

Stoploss : 107 on closing basis.

Targets :

• Target 1 : 158
• Target 2 : 186
• Target 3 : 192
• Target 4 : 208

Period : 2 to 3 months.

!!! Best Delivery Buy !!! J P Associate Ltd: Rs 207.50!!!

( Recommended in SAKAL NEWS PAPER. Arthvishwa ) : 1st June 2009

J P Associate Ltd : Rs 207.50

Notable Observes :

• Jaiprakash Associates Limited (JAL) was incorporated in the year 1996. The Jaiprakash group is a well-diversified infrastructure industrial conglomerate in India.Its leader in Engineering and Construction, Cement, Private Hydropower, Hospitality, Real Estate Development, Expressways and Highways.
• JAL is the company having the certification of ISO 9001: 2000, ISO 14001: 2004 and OHSAS 18001: 1999..
• The Engineering and Construction wing of the group is an acknowledged leader in the construction of multi-purpose river valley and hydropower projects.
• Jaypee group is the 4th largest cement producer in the country. It produces Ordinary Portland Cement and Pozzolana Portland Cement under the brand names 'Buland' and 'Buniyad'. Its Cement Division currently operates with an aggregate capacity of 7.0 MTPA.
• Jaypee Group, an integrated power player in the country after having established a strong presence in the Hydro-Power Sector has initiated its entry into Thermal Power Generation, Power Transmission and also forayed into Wind Power.

Share Holding Pattern :

• Promoters : 45.24 %
• Public : 54.76%

Technical Overview :

• The stock On Weekly Chart is forming "Higher Tops & Higher Bottom Formation" and has closed above the 200WMA. The volumes in the counter are increasing,indicating the stock to outperform in short term.The stock is recommended to buy cmp Rs 207.15 and add in dips with Short term view.

Support Levels :

• Support 1 : 191
• Support 2 : 171
• Support 3 : 161

Stoploss : 140 on closing basis.

Targets :

• Target 1 : 225
• Target 2 : 290
• Target 3 : 334

Period : 4 to 5 months.

!!! Best Delivery Buy !!! Raymonds Ltd : Rs 152.65 !!!

( Recommended in SAKAL NEWS PAPER. Arthvishwa ) : 1st June 2009

Raymonds Ltd : Rs 152.65

• Raymond Limited, the largest integrated manufacturer of worsted fabric in the world was incorporated as the Raymond Woollen mill during the year 1925 in the area around Thane creek.
• The company comprises in three business divisions, such as Textiles, Engineering and Aviation. Textile division of the company has a distribution network of more than 4,000 multi-brand outlets and over 400 exclusive retail shops in the domestic market itself.
• Suitings are available in India in over 400 towns through 30,000 retailers and an exclusive chain is present in over 150 cities across India and overseas especially the products exports to over 55 countries including USA, Canada, Europe, Japan and the Middle East.
• Raymond is planning to increase its retail stores from 433 to 950 and expects the revenue from the stores to increase.Most of these stores will come up in small towns.

Share Holding Pattern :

• Promoters : 38.37 %
• Public : 60.17%

Technical Overview :

• The stock On Day Chart has given an "Flag Pattern Breakout" and on weekly chart after a consolidation phase has formed "Higher Tops & Higher Bottom Formation" with good volumes,indicating the stock to outperform in short term.The stock is recommended to buy cmp Rs 152.65 Short term view.

Support Levels :

• Support 1 : 137
• Support 2 : 119

Stoploss : 106 on weekly closing basis.

Targets :

• Target 1 : 164
• Target 2 : 201
• Target 3 : 224
• Target 4 : 271

Period : 4 to 5 Months

!!! Best Delivery Buy !!! United Phosphorus Ltd ( UPL ) : Rs 163.70 !!!

( Recommended in SAKAL NEWS PAPER. Arthvishwa ) : 25th May 2009

United Phosphorus Ltd ( UPL ) : Rs 163.70

Notable Observes :

• UPL is a leading global producer of crop protection products, intermediates, specialty chemicals and other industrial chemicals.
• UPL has its presence across value added Agri inputs ranging from seeds to crop protection and post harvest activity.
• (UPL) is in the business of Manufacturing and Marketing of Caustic Chlorine, White Phosphorus, Industrial Chemicals, Speciality Chemicals and Captive Power Generation of 48.5 MW.
• The Company offers a wide range of products that includes insecticides, Fungicides, Herbicides, Fumigants, PGR and Rodenticides.
• UPL has 21 manufacturing sites (9 in India, 4 in France, 2 in Spain, 1 each in UK, Vietnam, Argentina, Netherlands, Italy, China) having close support from on-site technical services and quality control.

Share Holding Pattern :

• Promoters : 27.98 %
• Public : 71.97%

Financial Highlights :

• The Company has posted a net profit after tax of Rs 147.74 Crore for the year ended March 31, 2009 as compared to Rs 91.91 Crore for the year ended March 31, 2008.
• Income has increased from Rs 1644.68 Crore for the year ended March 31, 2008 to Rs 2580.64 Crore for the year ended March 31, 2009.

Technical Overview :

• The stock On Weekly Chart has given an "Inverted Head & Shoulder Breakout" with huge volumes,indicating the stock to outperform in short term.The stock is recommended to buy cmp Rs 163.70 with Short term view.

Support Levels :

• Support 1 : 152
• Support 2 : 138

Stoploss : 126 on closing basis.

Targets :

• Target 1 : 186
• Target 2 : 221
• Target 3 : 257

Period : 3 to 4 months.

!!! Best Delivery Buy !!! Deccan Chronilce Holdings Ltd : Rs 79.90 !!!

( Recommended in SAKAL NEWS PAPER. Arthvishwa ) : 25th May 2009

Deccan Chronicle Holdings Ltd ( DCHL ) : Rs 79.90

Notables Observes :

• The Deccan Chronicle Holdings Limited (DCHL) was incorporated in the year 2002. The Company is actively engaged in publishing of the news paper namely Deccan Chronicle (DC).
• DC is an English language newspaper simultaneously published in the states of Andhra Pradesh (AP) and Tamil Nadu in India.
• They also publish Andhra Bhoomi in Telugu, which are daily, weekly, and monthly magazines. The newspaper takes its name from its place of origination, the Deccan region of India. In terms of readership, it is India's fourth largest English language newspaper.
• The Company aims to be the leading publishing media in the Country and also wants to emerge as the major wing in the print media and entertainment industry.

Share Holding Pattern :

• Promoters : 63 %
• Public : 37%

Technical Overview :

• The stock On Daily Chart has given an "Flag Breakout" with huge volumes,indicating the stock to outperform in short term.The stock is recommended to buy cmp Rs 79.90 with Short term view.

Support Levels :

• Support 1 : 75
• Support 2 : 68
• Support 3 : 65

Stoploss : 61 on closing basis.

Targets :

• Target 1 : 93
• Target 2 : 104
• Target 3 : 134

Period : 4 to 5 months.

!!! Best Delivery Buy !!! Television Eighteen India Ltd : Rs 100.05 !!!

( Recommended in SAKAL NEWS PAPER. Arthvishwa ) : 11th May 2009

Television Eighteen India Ltd : Rs 100.05

Notables Observes :

• Television Eighteen India Ltd is India's No 1 News and Information Network and the premier provider of business content in the country. The company is engaged in content production and broadcasting.
• Television Eighteen India Ltd was incorporated on September 24, 1993 as a private limited company and in November 2, 1994, the company became a public limited company.
• They operate India's leading business medium CNBC-TV18 & India's first consumer focused business channel CNBC AWAAZ. Their subsidiaries include Television Eighteen Mauritius Ltd, iNews.com Ltd, News Wire 18 India Pvt Ltd, RVT Investments Pvt Ltd, Television Eighteen Media and Investment Ltd, Mauritius and MobileNXT Online Pvt Ltd.

Share Holding Pattern :

• Promoters : 51.77 %
• Public : 48.23%

Financial Highlights :

Television Eighteen India Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 13, 2009, inter alia, to consider the following:

• To consider issue of shares on Rights basis to the existing shareholders of the Company and to approve the Draft Letter of Offer for the proposed Rights Issue.
• To consider an increase in the authorized share capital of the Company.

Technical Overview :

• The stock On Day Chart has given an "Flag Breakout" with huge volumes,indicating the stock to outperform in short term.The stock is recommended to buy cmp Rs 100.15 with Short term view.

Support Levels :

• Support 1 : 93
• Support 2 : 86

Stoploss : 77 on closing basis.

Targets :

• Target 1 : 111.50
• Target 2 : 127
• Target 3 : 132
• Target 4 : 150

Period : 2 to 3 months.

!!! Best Delivery Buy !!! Orchid Chemicals & Pharmaceuticals Ltd : Rs 109.15 !!!

( Recommended in SAKAL NEWS PAPER. Arthvishwa ) : 11th May 2009

Orchid Chemicals & Pharmaceuticals Ltd : Rs 109.15

Notables observes :

• Orchid Chemicals & Pharmaceuticals Ltd (Orchid) is a globally recognized, integrated pharmaceutical company with core competencies in the development and manufacture of Active Pharmaceutical Ingredients (APIs) and Finished Dosage Forms as well as in drug discovery, which was incorporated on 1st July 1992 as a 100% Export Oriented Unit (EOU)
• Orchid has two manufacturing sites for APIs (at Alathur near Chennai and at Aurangabad, near Mumbai) and three manufacturing sites for Dosage forms (at Irungattukottai and Alathur in Chennai), besides two R&D centres (at Sholinganallur and Irungattukottai, Chennai), all are state-of-the-art and have several international regulatory approvals, including the US FDA and UK MHRA.
• Orchid's API facilities are ISO certified for their quality, environmental management and operational health and safety systems.

Share Holding Pattern :

• Promoters : 21.18 %
• Public : 74.24%
• Custodians : 4.58 %

Technical Overview :

• The stock On Day Chart has given an "Flag Breakout" with huge volumes, indicating the stock to outperform in short term.The stock is recommended to buy cmp Rs 109.15 with Short term view.

Support Levels :

• Support 1 : 105
• Support 2 : 99

Stoploss : 87 on closing basis.

Targets :

• Target 1 : 125
• Target 2 : 132
• Target 3 : 156

Period : 2 to 3 months.

!!! Best Delivery Buy !!! Grasim Industries Ltd ( GRASIM ) : Rs 1802.95. !!!

( Recommended in SAKAL NEWS PAPER. Arthvishwa ) : 27th April 2009

Grasim Industries Ltd : Rs 1802.95

Notables :

• Grasim Industries an arm of Aditya Birla Group was incorporated in 25th August 1947.
• The Grasim's businesses comprise Viscose Staple Fibre (VSF), Cement (grey and white), Sponge Iron, Chemicals and Textiles. VSF and Cement are core business of the company.
• In cement (grey cement and white cement), the Company, along with its subsidiary UltraTech Cement Ltd. has a capacity of 30 million tons per annum. The Company has launched a range of products, which include Icetouch, Soffeel, Venetia under Grasim and Cleanfab, Easywash, Selfcare under Graviera.
• Grasim in Aditya Birla Group is the world's largest producer of VSF, the 11th largest cement producer in the world and the seventh largest in Asia, Largest merchant producer of sponge iron, Second largest producer of caustic soda in India and the Grasim and Graviera range of fabrics signify the 'power of fashion'.

Share Holding Pattern :

• Promoters : 25.19 %
• Public : 64.09 %

Financial Highlights:

• Net Profit/(Loss) of Rs. 460 Crore for the Quarter ending on 31-DEC-2008 against Rs. 721 Crore for the Quarter ending on 31-DEC-2007.
• Net Sales of Rs. 4632 Crore for Quarter ending on 31-DEC-2008 against Rs. 4350 Crore for the Quarter ending on 31-DEC-2007.

Technical Overview :

• The stock On Day Chart has given an "Ascending Channel Breakout" with huge volumes,indicating the stock to outperform in short & Long term.The stock is recommended to buy cmp Rs 1802.95 with long term view.

Support Levels :

• Support 1 : 1767
• Support 2 : 1695
• Support 3 : 1558

Stoploss : 1500 on closing basis.

Targets :

• Target 1 : 2068
• Target 2 : 2207
• Target 3 : 2445
• Target 4 : 2829

Period : 9 to 12 months.

Best Delivery Buy !!! Housing Development & Infrastructure Ltd ( HDIL ) : Rs 153.50.

( Recommended in SAKAL NEWS PAPER. Arthvishwa ) : 27th April 2009

Housing Development & Infrastructure Ltd (HDIL) : Rs 153.50

Notables :

• Housing Development & Infrastructure Limited (HDIL) a part of the Wadhawan Group was incorporated in 25th July of the year 1996.
• HDIL's business focuses on real estate development, including construction and development of residential projects, commercial, retail and slum rehabilitation projects.
• The Company is committed to creating microstructures, megastructures and infrastructure for the nation. Also the company diversified into Energy, Hospitality and SEZs sector.
• HDIL has been satisfying the diverse needs of scores of home seekers in Mumbai Metropolitan region and also and has expanded its operations to Hyderabad, Kochi and Pune.
• The Company has been rated as one of the fastest growing Real Estate Company in India by Construction world-NICMAR in October of the year 2007.

Share Holding patern :

• Promoters : 61.49 %
• Public : 38.49 %

Financial Highlights:

• Net Profit / (Loss) of Rs. 184.88 Crore for the quarter ending on 31-DEC-2008 against Rs. 270.23 Crore for the quarter ending on 31-DEC-2007.
• Net Sales of Rs. 313.79 Crore for quarter ending on 31-DEC-2008 against Rs. 496.62 Crore for the quarter ending on 31-DEC-2007

Technical Overview :

• The stock On Day Chart has given an "Flag Breakout" with huge volumes,indicating the stock to outperform in short term.The stock is recommended to above the previous top of 155.90 with short term view.

Support Levels :

• Support 1 : 138
• Support 2 : 125
• Support 3 : 117

Stoploss : 105 on closing basis.

Targets :

• Target 1 : 179
• Target 2 : 198
• Target 3 : 219
• Target 4 : 279

Period : 3 to 4 months.

Best Delivery Buy !!! State Bank OF India ( SBI ) : Rs 1306.35.

( Recommended in SAKAL NEWS PAPER. Arthvishwa ) : 20th April 2009

State Bank Of India( SBI ) : Rs 1306.35

Notables :

• SBI is the largest commercial bank in India in terms of profits, assets, deposits, branches and employees.
• SBI offering the services of banking and as well as non- banking services to their customers. It provides a whole range of financial services which includes Life Insurance, Merchant Banking, Mutual Funds, Credit Cards, Factoring, Security Trading & Primary dealership in the Money market.
• The Bank is actively involved in non-profit activity called community services banking apart from its normal banking activity. The bank also concentrate in agriculture, for that it took initiative spotlight kharif and spotlight rabi campaigns for higher disbursement.
• SBI is targeting to emerge as the best rated bank among public, private, foreign and state -owned banks by the end of the next fiscal. Employee Stock Option Scheme, where employees have the option to pick up shares as per their needs is avail in SBI.

Share Holding Pattern :

• Central/ State Govt : 59.41 %
• Public : 36.31 %.

Financial Highlights:

• Net profit after minority interest of Rs 3607.61 Crore for the quarter ended December 31, 2008 where as the same was at Rs 2383.67 Crore for the quarter ended December 31, 2007.
• Total Income is Rs 30318.14 Crore for the quarter ended December 31, 2008 where as the same was at Rs 24380.99 Crore for the quarter ended December 31, 2007.

Technical Overview :

• The stock On Weekly Chart has given downward slopping "Channel Breakout" and formed "Higher Tops & Higher Bottoms" with heavy volumes, indicating the trend reversal.The stock is recommended to buy Cmp Rs 1306.35 and add in dips.

Support Levels :

• Support 1 : 1249
• Support 2 : 1169
• Support 3 : 1124

Stop Loss : 1065 on closing basis.

Targets :

• Target 1 : 1401
• Target 2 : 1521
• Target 3 : 1638
• Target 4 : 1717

Period : 6 to 9 months.

Best Delivery Buy !!! Power Finance Corp Ltd ( PFC ) : Rs 154.60.

( Recommended in SAKAL NEWS PAPER. Arthvishwa ) : 20th April 2009

Power Finance Corpation Ltd ( PFC ): Rs 154.60

Notables :

• Power Finance Corporation (PFC) Limited, a Government of India Enterprise was set up in July 1986 as a Financial Institution (FI) dedicated to Power Sector financing and committed to the integrated development of the power and associated sectors.
• PFC is providing large range of Financial Products and Services like Project Term Loan, Lease Financing, Direct Discounting of Bills, Short Term Loan, Consultancy Services etc for various Power projects in Generation, Transmission, Distribution sector as well as for Renovation & Modernisation of existing power projects.
• Also Ministry of Power, Central Electricity Authority and PFC are working together to facilitate development of nine Ultra Mega Power Projects with the capacity of about 4000 MW each under Tariff based competitive bidding route.

Share Holding Pattern :

• Central/ State Govt : 89.78 %
• Public : 10.22 %

Financial Highlights:

• Net profit of Rs 1355.1.8 Crore for the year ended March 31, 2009 as compared to Rs 1206.75 Crore for the year ended March 31, 2008.
• Total Income has increased from Rs 5040.03 Crore for the year ended March 31, 2008 to Rs 6583.02 Crore for the year ended March 31, 2009.

Technical Overview :

• The stock On Weekly Chart has given "Consolidation Breakout" with huge volumes,indicating the stock to move up.The stock is recommended to buy Cmp Rs 154.60

Support Levels :

• Support 1 : 143
• Support 2 : 136

Stop Loss : 123 on closing basis.

Targets :

• Target 1 : 168
• Target 2 : 192
• Target 3 : 217

Period : 5 to 6 months.

Best Delivery Buy !!! ICICI Bank Ltd ( ICICI ) : Rs 397.70.

( Recommended in SAKAL NEWS PAPER. Arthvishwa ) : 13th April 2009

ICICI Bank Ltd : Rs 397.70

Notable observes :

• ICICI Bank, a private sector bank is a multi-specialist financial service provider with leadership position across the spectrum of financial services in India.
• ICICI Bank is the 2nd largest bank in India and Bank breaking into the top 100 financial institutions in the world, in terms of market capitalisation.
• ICICI running its business with six principal groups, such as Retail Banking, Wholesale Banking, International Banking, Rural, Micro Banking and Agri-Business, Government Banking and Corporate Centre.
• The Bank offers a wide spectrum of domestic and international banking services to facilitate trade, investment banking ,Insurance, Venture Capital, asset management, cross border business & treasury and foreign exchange services besides providing a full range of deposit and ancillary services for both individuals and corporates through various delivery Channels and specialized subsidiaries.

Share Holding patern :

• Institutions, Mutual Funds & Fiis : 58.98 %
• Public : 13.92 %

Financial Highlights :

• Net profit of Rs 1272.15 Crore for the quarter ended December 31, 2008 as compared to Rs 1230.21 Crore for the quarter ended December 31, 2007.
• Income has increased from Rs 10338.36 Crore for the quarter ended December 31, 2007 to Rs 10350.62 Crore for the quarter ended December 31, 2008.
  

Technical Overview :

• The stock On Day Chart has given an "Inverted Head & Shoulder Pattern" breakout with good volumes indicating a trend reversal.The stock is recommended to buy cmp Rs 397.70

Support Levels :

• Support 1 : 382
• Support 2 : 360
• Support 3 : 348
• Support 4 : 334

Stoploss : 314 on closing basis.

Targets :

• Target 1 : 423
• Target 2 : 438
• Target 3 : 495
• Target 4 : 532

Period : 2 to 3 months.

Best Delivery Buy !!! Tata Steel Ltd ( TISCO ) : Rs 261.20

( Recommended in SAKAL NEWS PAPER. Arthvishwa ) : 13th April 2009

Tata Steel Ltd Ltd: Rs 261.20

Notable observes :

• Tata Steel is the world's 6th largest steel company. It is a Asia's 1st and as well as India's largest integrated steel company in private sector with operations in 24 countries and commercial presence in over 50 countries.
• The company focused on Steel Division, apart from the main Steel Division, Tata Steel's operations are grouped under six Strategic Business Units include Bearings Division, Ferro Alloys and Minerals Division, Agrico Division, Tata Growth Shop (TGS), Tubes Division and Wire Division.
• Tata Steel is a global player with a balanced presence in developed European and fast growing Asian markets and with a strong position in the construction, automotive and packaging markets.
• Its Jamshedpur steel works produces hot and cold rolled coils and sheets, galvanised sheets, tubes, wire rods, construction rebars, rings and bearings.

Share Holding patern :

• Promoter : 33.95 %
• Public : 66.05 %

Financial Highlights:

• Net profit of Rs 732.21 Crore for the quarter ended December 31, 2008 as compared to Rs 1311.76 Crore for the quarter ended December 31, 2007.
• Income has increased from Rs 32074.34 Crore for the quarter ended December 31, 2007 to Rs 33222.59 Crore for the quarter ended December 31, 2008.

Technical Overview :

• The stock On Weekly Chart has given "Channel Breakout ".The volumes for the week looks less due to 2 days trading holiday last week.
• On Daily chart the stock has formed "Higher Top & Higher Bottom Formation"with heavy volumes, indicating the trend reversal.The stock is recomended to buy cmp Rs 261.20

Support Levels :

• Support 1 : 239
• Support 2 : 221
• Support 3 : 207
• Support 4 : 193

Stop Loss : 178 on closing basis.

Targets :

• Target 1 : 276
• Target 2 : 358
• Target 3 : 422
• Target 4 : 488

Period : 6 to 9 months.

Best Delivery Buy !!! Infosys Technologies Ltd ( INFY ) : Rs 1420.40

( Recommended in SAKAL NEWS PAPER. Arthvishwa ) : 6th April 2009

Notables Observes:

• Infosys technologies limited, is a public limited and India's second largest software exporter company incorporated in the year 1981 as Infosys consultants private limited by Mr.N.R.Narayana Murthy at karnataka, who is chairman and chief mentor of the company.
• Infosys is a groundbreaking company in the field of information technology and it enjoys the privilege of being a dept free company.
• It's only the company to be part of the major global index.Company offers the services of consulting, process re-engineering, modular global sourcing and Business Process Outsourcing services .
• It has developed finacle, a universal banking solution to large and medium size banks across India and oversees.
• Its has five wholly owned subsidiaries namely as Infosys technologies China, Infosys technologies Australia, Infosys consultancy INC, Infosys BPO SRO and Infosys BPO Ltd previously known as progeon.

Share Holding patern :

• Promoter : 16.50 %
• Public : 64.39 %
• Custodian : 19.11%

Financial Highlights :

• Net Profit / (Loss) of Rs. 1641.00 Crore for the quarter ending on 31-DEC-2008 against Rs. 1432.00 Crore for the quarter ending on 30-SEP-2008.
• Net Sales of Rs. 5786.00 Crore for quarter ending on 31-DEC-2008 against Rs. 5418.00 Crore for the quarter ending on 30-SEP-2008.

Technical Overview :

• The stock On Daily Chart has given "Inverted Head & Shoulder Pattern" breakout with huge volume , indicating the trend reversal and beginning of an uptrend. The stock is recomended to buy cmp Rs 1420.40

Support Levels :

• Support 1 : 1378
• Support 2 : 1343

Stop Loss : 1317 on closing basis.

Target :

• Targets 1 : 1513
• Targets 2 : 1640
• Targets 3 : 1790
  
  Period : 4 to 5 months.

Best Delivery Buy !!! Reliance Communications Ltd ( RCOM ) : Rs 196.15

( Recommended in SAKAL NEWS PAPER. Arthvishwa ) : 6th April 2009

Notables Observes:

• Reliance Communications Limited (RCL) is the flagship company of the Anil Dhirubhai Ambani Group (ADAG), is India's largest private sector information and communications company with over 48 million subscribers.
• It was established in the year 2004 as Reliance Infrastructure Developers Private Limited, Reliance Communications started laying 60,000 route kilometres of a pan-India fibre optic backbone with high capacity, integrated (wireless and wireline), convergent (voice, data and video) digital network and to offer services spanning the entire infocomm value chain.
• It is capable of delivering a range of services spanning the entire infocomm (information and communication) value chain, including infrastructure and services for enterprises as well as individuals, applications, and consulting.
• The Company's business encompasses a complete range of telecom services covering mobile and fixed line telephony. It includes broadband, national and international long distance services and data services along with an exhaustive range of value-added services and applications.

Share Holding patern :

• Promoter : 66.12 %
• Public : 31.49 %
• Custodian : 2.39%

Financial Highlights :

• Net Profit / (Loss) of Rs. 1410.31 Crore for the quarter ending on 31-DEC-2008 against Rs. 1610.80 Crore for the quarter ending on 30-SEP-2008.
• Net Sales of Rs. 5441.53 Crore for quarter ending on 31-DEC-2008 against Rs. 5026.31 Crore for the quarter ending on 30-SEP-2008.

Technical Overview :

• The stock On weekly Chart has closed above the Trendline connecting all the tops as shown the in chart above.
• And also has formed "Higher Tops & Higher Bottoms" for last 3 weeks indicating the trend reversal and beginning of an uptrend. The stock is recomended to buy cmp Rs 196.15

Support Levels :

• Support 1 : 184
• Support 2 : 165
• Support 3 : 158

Stop Loss : 150 on closing basis.

Targets :

• Target 1 : 229
• Target 2 : 265
• Target 3 : 288

Period : 2 to 3 months.

Best Delivery Buy !!! Mahanagar Telephone Nigam Ltd ( MTNL ) : 71.85

( Recommended in SAKAL NEWS PAPER. Arthvishwa ) : 30th March 2009

Notables Observes:

• On 28th February Mahanagar Telephone Nigam Ltd. was incorporated as a Public Limited Company under the Companies Act, 1956. The company has been set up to take over the management, control and operation of Delhi Telephone District (Excluding public telegraph service) and Mumbai Telephone District of the Department of Telecommunications and to plan, establish, develop, provide, operate and maintain all types of telecommunication services including Telephone, telex, wireless, data communication, telematic and other like forms of communication.
• One of the important objectives of the company is to raise the necessary finance to meet its own developmental needs and also that of the telecommunications board of the Department of Telecommunication.

The Main objectives and aims of Nigam are as follows:

1. To upgrade the quality of telecom services
2. To expand telecom
3. To raise necessary financial resources
4. To provide new telecommunication services, particularly needed by the business community and public administration such as Cellular Mobile Radio Telephone, Radio Paging, Fascimile Videotex, Teletex, Electronic Mail etc.
5. To invest in Human Resource Development
6. To organise and dovetail the training programmes

Share Holding patern :

• Promoter : 56.25 %
• Public : 35.30 %

Financial Highlights :

• Net Profit / (Loss) of Rs. 58.27 Crore for the quarter ending on 31-DEC-2008 against Rs. 91.86 lacs for the quarter ending on 30-SEP-200Crore8.
• Net Sales of Rs. 1132.26 Crore for quarter ending on 31-DEC-2008 against Rs. 1204.92 Crores for the quarter ending on 30-SEP-2008.
• Mahanagar Telephone Nigam Ltd (MTNL) has informed BSE that MTNL has on March 27, 2009 received refund of Rs 516.18 crores from Income Tax Department pursuant to the orders of Income Tax Appellate Tribunal for the Assessment years 2001-02 & 2003-04 with respect to the issue of License Fee and 80IA deduction.

Technical Overview :

The stock On Weekly Chart has given a "Inverted Head & Shoulder" breakout with huge volumes, indicating the trend reversal and beginning of a uptrend. The stock is recomended to buy at cmp Rs 71.85

Support Levels :

• Support 1 : 68
• Support 2 : 65

Stop Loss : 59 on closing basis.

Targets :

• Target 1 : 82
• Target 2 : 90
• Target 3 : 100
• Target 4 : 115

Period : 5 to 6 months.

Best Delivery Buy !!! Reliance Natural Resources Ltd ( RNRL ):49.25

( Recommended in SAKAL NEWS PAPER. Arthvishwa ) : 30th March 2009

Notables Observes:

• Reliance Natural Resources Limited (RNRL) the 'Gas Based Energy Resulting Company' was originally incorporated on the March 24th of the year 2000 as Reliance Platforms Communication.com Private Limited.
• The company is engaged in sourcing, supply and transportation of gas, coal and liquid fuels . It is also involved in the exploration, production and distribution of gas and the mining of coal. RNRL is a key constituent of the Reliance - Anil Dhirubhai Ambani Group, India's third largest business house.
• RNRL is actively involved in the development of coal blocks and the supply of coal to power plants. RNRL is also pursuing business opportunities in the field of city gas distribution, laying of natural gas pipeline and sourcing of coal from multiple locations.

Share Holding patern :

1. Promoter : 54.84 %
2. Public : 44.69 %

Financial Highlights :

• Net Profit / (Loss) of Rs. 24.21 Crore for the quarter ending on 31-DEC-2008 against Rs. 23.79 Crore for the quarter ending on 31-DEC-2007.
• Net Sales of Rs. 137.71 Crore for quarter ending on 31-DEC-2008 against Rs. 40.73 Crore for the quarter ending on 31-DEC-2007.

Technical Overview :

• The stock On Weekly Chart has formed "Higher Tops & Higher Bottoms Pattern " for last 2 weeks.
• On Daily Chart has given a "Consolidation Breakout" with huge volumes, indicating the trend reversal and beginning of a uptrend. The stock is recomended to buy at cmp Rs 49.25

Support Levels :

• Support 1 : 49.75
• Support 2 : 42.50
• Support 3 : 40

Stop Loss : 38 on closing basis.

Targets :

• Target 1 :53.50
• Target 2 : 63
• Target 3 : 72

Period : 4 to 5 months

Future and Option Strategy : ( Only for Paid Members )