PARSADAM STOCK MARKET PARK

• BIG BOSS

Check out the top picks of the day by , VIKAS PARSHURAM SAMWATSAREBusiness Head, PARSADAM STOCK MARKET PARK 

Fresenius Kabi

Recommendation: Buy

Breakout

Last Close: Rs 129.60

Target: Rs 138

Stop Loss: Rs 125

After a sharp rise of nearly 30% between 10 and 14 June, Fresenius Kabi digested the upmove over the next ten sessions and saw a decisive move northward in Wednesday's trade. The stock gained 3.4% with volumes twice the 5-day average volume.

VST Industries

Recommendation: Buy

Breakout

Last Close: Rs 985.75

Target: Rs 1060

Stop Loss: Rs 938

VST industries is in the bull run with the stock touching a new life-time high on Wednesday. The stock made a decisive move by gaining 4% on higher volumes of twice that of the 10-day average volumes. The target is Rs 1060.

Godrej Consumer

Recommendation: Buy

Breakout

Last Close: Rs 422.70

Target: Rs 440

Stop Loss: Rs 410

After touching its high recently, Godrej Consumer corrected nearly 10% in the next couple of sessions. This was followed by a range bound trade for four sessions, after which the stock made a decisive move in Wednesday's trade, gaining 2.4% with above average volumes.

Astral Poly

Recommendation: Buy

Breakout

Last Close: Rs 192.15

Target: Rs 207

Stop Loss: Rs 183

ASTRAL POLY touched its peak high of Rs 199.65 on June 17. After a brief correction and consolidation period, the upward journey is set to resume as indicated by Wednesday's move, wherein the stock gained 5% accompanied by volumes nearly twice the 10-day average volumes.

Ranbaxy

Recommendation: Buy

Breakout

Last Close: Rs 546.55

Target: Rs 576

Stop Loss: Rs 526

Ranbaxy decisively broke out of the trendline adjoining tops of May 31 and June 15 in Wednesday's trade. The stock, after slipping below the 200-day simple moving average for couple of days, regained the level and has successfully closed above the same.

IDFC

Recommendation: Buy

Market price: Rs 126

Target price: Rs 155

The management remains positive of the growth outlook and is confident of the strong guidance of doubling loan book between FY11-FY14. The pressure on NIMs is likely to ease as banks have been raising their lending rates.

Britannia

Recommendation: Buy

Market price: Rs 468

Target price: Rs 535

The company with its higher penetration levels in rural and urban markets and with its increased focus on niche products, which command high realisations are expected to drive the topline and bottomline growth, going forward.

Divi's Laboratories

Recommendation: Buy

Market price: Rs 782

Target price: Rs 1010

We have upgraded our EPS estimates for FY 12E by 22 % to Rs 39 and for FY 13E by 22.5% to 50.4 due to higher traction in Generics and Customs synthesis business and higher other income. We upgrade our price target by 21% based on 20x FY2013E.

ONGC

Recommendation: Buy

Market price: Rs 280

Target price: Rs 320

Significant discoveries in the high potential Cambay, KG basin and Mahanadi fields (still under appraisal) could further boost valuations. There appears to be limited downside from current levels. At CMP of .`280, the stock is attractively valued at 8.5x its FY13E EPS.

Bata India

Recommendation: Buy

Market price: Rs 585.55

Target price: Rs 670

Bata is restructuring its network by closing down unviable stores. It is developing a 260-acre land in Batanagar in a joint venture with Calcutta Metropolitan, which would further unlock value to its investors. The stock is currently trading at a 26.5x its FY'12E EPS.

COPYRIGHT VIKAS PARSHURAM SAMWATSARE JUNE 11

BIG BOSS VIKAS P SAMWATSARE

 BIG BOSS 

 VIKAS PARSHURAM SAMWATSARE
Technical Analyst
 PARTNER 
PARSADAM GROUP
STOCK MARKET PARK


(Views expressed are personal. The chartist may have interest in some or all of the stocks.)

Tata Steel

Recommendation: Buy

Upward

Last Close: Rs 573

Target: Rs 600-610

Stop Loss: Rs 540

This stock has a good base at Rs 540. The positive divergence in hourly as well as daily charts along with improving indicators and rising volume indicates an upward movement. The stop loss is Rs 540, with an upside target of Rs 600-610.

NTPC

Recommendation: Buy

Defensive Bet

Last Close: Rs 178.25

Target: Rs 187-195

Stop Loss: Rs 174

This stock has corrected from Rs 222 to a low of Rs 165. The stock is improving with positive MACD and higher volume. This would be a good defensive stock in a weak.

LIC Housing

Recommendation: Buy

Bullish

Last Close: Rs 228.75

Target: Rs 260

Stop Loss: Rs 220

With a higher-bottom-higher-top formation on daily charts, this stock is showing strength for an upside move. It is well placed above the moving averages of different periodicities. It is also above the 200-DMA moving average, which adds to our buying recommendation

Godrej Industries

Recommendation: Buy

Bullish

Last Close: Rs 202

Target: Rs 215

Stop Loss: Rs 190

This stock has been moving in good momentum with higher volume. There is a higher-bottom-higher-top formation with positive indicators. The RSI being above Rs 60 in daily charts indicates a further strong move in this stock. The target is Rs 215.

L&T

Recommendation: Buy

Market price: Rs 1680

Target price: Rs 1960

Increased outlay for core sectors in 12th plan is a big opportunity for L&T. A strong order book and quick execution of infra and power projects provide growth visibility. Valuation is attractice at 17x FY13E EPS of Rs 98.6.

Allahabad Bank

Recommendation: Buy

Market price: Rs 199

Target price: Rs 295

Allahabad Bank has a 55% government holding. It has pan-India presence with 2,415 branches. The key investment rationales are high NIMS, well-capitalised, strong business growth and high CASA ratio. Valuation is attractive at 0.9xP/ABV & PE FY 13E.

IL&FS Transportation

Recommendation: Buy

Market price: Rs 200

Target price: Rs 320

A pan-India presence and an asset-light model make ITNL's business model de-risked. Robust order book and strong execution capabilities provides good growth visibility. Valuation is attractive at 6.7x FY13E EPS of Rs 30.

TIL

Recommendation: Buy

Market price: Rs 462

Target price: Rs 800

TIL provides infra solutions through material handling, construction and mining and power systems solutions. It has an association with Caterpillar. Its new MHE facility will commence in Q2FY12. It is available at a valuation of 5.8x its FY13E earnings.

NEWS >>>>: BIG BOSS VIKAS P SAMWATSARE

NEWS >>>>: BIG BOSS VIKAS P SAMWATSARE: "BIG BOSS VIKAS PARSHURAM SAMWATSARE Today benchmark indices ended around the previous week's levels. The S&P CNX Nifty touched a low of .

GOLD (AUG)

TREND	Consolidate
RESISTANCE 2	22800
RESISTANCE 1	22560
SUPPORT 1	22150
SUPPORT 2	21870
STRATEGY	Buy on dips

SILVER (JUL)

TREND	Consolidate
RESISTANCE 2	54600
RESISTANCE 1	53700
SUPPORT 1	51600
SUPPORT 2	50600
STRATEGY	Buy on dips

COPPER (JUN)

TREND	Consolidate
RESISTANCE 2	412
RESISTANCE 1	407
SUPPORT 1	395
SUPPORT 2	390
STRATEGY	Buy on dips

CRUDE (JUN)

TREND	Consolidate
RESISTANCE 2	4500
RESISTANCE 1	4420
SUPPORT 1	4290
SUPPORT 2	4220
STRATEGY	Buy on dips

s

NEWS >>>>: BIG BOSS VIKAS P SAMWATSARE

NEWS >>>>: BIG BOSS VIKAS P SAMWATSARE: "BIG BOSS VIKAS PARSHURAM SAMWATSARE Today benchmark indices ended around the previous week's levels. The S&P CNX Nifty touched a low of ..."

NEWS >>>>: BIG BOSS VIKAS P SAMWATSARE

NEWS >>>>: BIG BOSS VIKAS P SAMWATSARE: "BIG BOSS VIKAS PARSHURAM SAMWATSARE Today benchmark indices ended around the previous week's levels. The S&P CNX Nifty touched a low of ..."

NEWS >>>>: BIG BOSS VIKAS P SAMWATSARE

NEWS >>>>: BIG BOSS VIKAS P SAMWATSARE: "BIG BOSS VIKAS PARSHURAM SAMWATSARE Today benchmark indices ended around the previous week's levels. The S&P CNX Nifty touched a low of ..."

BIG BOSS VIKAS P SAMWATSARE

• BIG BOSS

• VIKAS PARSHURAM SAMWATSARE

Today benchmark indices ended around the previous week's levels. The S&P CNX Nifty touched a low of 5,436.95 in afternoon session and recovered fully to close at 5,482.80, and down by -3.00 points.
The Nifty futures closed and settled at 5501.90 and was up by 17.75 points or 0.32 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 5410 else above resistance level of 5520 it would be in an upward trend.
Resistance & Support for Tuesday:-
It has resistance close to the level of 5520 & above this level the next resistance is near the 5630 mark. It has support close to the level of 5410 & below this level the next support is near 5310 mark.

In banking sector, Today CNX Bank Index gained 3.25 points or 0.03 %. Amongst the banking stocks Karnataka Bank, Jammu & Kashmir Bank and Lakshmi Vilas Bank were the leaders.
Bank Nifty Futures shut stop at 10748 up by 53.05 points or 0.50 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 10600 else above resistance level of 10815 it would be in an upward trend.
Resistance & Support for Tuesday:-
It has resistance close to the level of 10815 above this level the next resistance is near to the level of 10990. It has support close to the level of 10600 & below this level the next support is near 10430 marks.

VIKAS PARSHURAM SAMWATSARE

JAIPRAKASH ASSOCIATES
JP ASSOCIATES showed positive movements in today's trading session and made an intraday high of 84.65. The stock has resistance level at 85 and support level at 79. In short term it is expected to consolidate with positive biasness and to test its resistance level.
Resistance2-  87.17,  Resistance1-  85.68,  Pivot Point  83.17,
Support1-  81.68,  Support2-  79.17
CIPLA
The stock is currently moving in an up rally after crossing its resistance level. One could still hold the long positions in the stock as it is expected to move till the levels of 341-345 in coming trading sessions.
Resistance2-  348.63,  Resistance1-  344.27,  Pivot Point  337.43,
Support1-  333.07,  Support2-  326.23
NTPC
NTPC showed positive movements in today's trading session and made an intraday high of 181.30. The stock now has support level at 175 and resistance level at 183. In short term it is expected to consolidate with positive biasness.
Resistance2-  184.7,  Resistance1-  182.35,  Pivot Point  178.95, 
Support1-  176.6,  Support2-  173.2
SESA GOA
After making a high of 290.30 it is moving in a downward trend. It is now taking support at 278 and resistance at 289. It is now trading at 281.55, form this level further downside of movement would be expected. One can go for short position in it at 278 for the target of 270.
Resistance2-  286.95,  Resistance1-  284.25,  Pivot Point  282.25, 
Support1-  279.55,  Support2-  277.55
HINDALCO
The stock moved down during the trading hours continuing its major downtrend. The trend presently in the stock is weak. The stock is now facing resistance at 185 which is the 50 day moving average of the stock and has support at 176.One may go for selling the stock once it breaks its support level.
Resistance2-  185.58,  Resistance1-  182.97,  Pivot Point-  181.23
Support1-  178.62,  Support2-  176.88

NEWS >>>>: BIG BOSS VIKAS P SAMWATSARE

NEWS >>>>: BIG BOSS VIKAS P SAMWATSARE: "BIG BOSS VIKAS PARSHURAM SAMWATSARE BIG BOSS VIKAS PARSHURAM SAMWATSARE Technical Analyst,PARTNER OF PARSADAM BROKING HOUSE Broking..."

BIG BOSS VIKAS P SAMWATSARE

BIG BOSS

VIKAS PARSHURAM SAMWATSARE

BIG BOSS VIKAS PARSHURAM SAMWATSARE Technical Analyst,PARTNER OF PARSADAM BROKING HOUSE Broking House: PARSADAM BROKING HOUSE

In banking, CNX Bank Index gained 72.65 points or 0.67 %. Amongst the banking stocks Yes Bank, Kotak Mahindra Bank and Oriental Bank of Commerce lead the row.Bank Nifty Futures shut stop at 10831.15 up by 69.55 points or 0.65 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 10865 else below support level of 10620 it would be in a downward trend.
It has resistance close to the level of 10865 above this level the next resistance near to the level of 10950. It has support close to the level of 10620 & below this level the next support near 10430 marks.

BPCLThe stock is moving in a bearish trend currently. It managed to breach its support level and made a low of 610. Its next support is at 599, breach of which will continue its bearish trend.
Resistance2-  626.28,  Resistance1-  619.17,  Pivot Point  614.58,
Support1-  607.47,  Support2-  602.88
LARSEN AND TOUBRO
L&T showed upside movements in today's trading session also and made an intraday high of 1736.05. The stock now has resistance level at 1767 and support level at 1650. In short term it is expected to remain positive and to test its resistance level.
Resistance1-  1757.93,  Resistance2-  1742.87,  Pivot Point  1720.98,
Support1-  1705.92,  Support2-  1684.03
SESA GOA
After making a high of 294.55 it is continuously moving in a downward trend. It is now taking support at 278 and resistance at 290. It is now trading at 283.05, form this level further downside of movement would be expected, below support level of 278 it might face more selling pressure else above 296 it would be in an upward trend.
Resistance2-  294.17,  Resistance1-  289.73,  Pivot Point  285.42,
Support1-  280.98,  Support2-  276.67
HDFC BANK
The stock opened gap down and was consolidating during the trading hours and ended on a negative note. A further down movement can be seen in the stock once it breaks its support level. The stock is presently facing resistance at 2390 and has support at 2335 which is the 50 day moving average of the stock. One may go for selling the stock once it breaks its support level.
Resistance2-  2416.88,  Resistance1-  2399.07,  Pivot Point  2372.18,
Support1-  2354.37,  Support2-  2327.48
HINDALCO
The stock moved down during the trading hours and ended with a negative biasness. The trend presently in the stock is weak. A further down movement can be seen in the stock once it breaks its support level. The stock is now facing resistance at 192 and has support at 182.One may go for selling the stock once it breaks its support level.
Resistance2-  193.37,  Resistance1-  189.83,  Pivot Point  187.42,
Support1-  183.88,  Support2-  181.47

NEWS >>>>: BIG BOSS VIKAS P SAMWATSARE

NEWS >>>>: BIG BOSS VIKAS P SAMWATSARE: "BIG BOSS VIKAS PARSHURAM SAMWATSARE Technical Analyst,PARTNER OF PARSADAM BROKING HOUSE Broking House: PARSADAM BROKING HOUSE has su..."

BIG BOSS VIKAS P SAMWATSARE

BIG BOSS

VIKAS PARSHURAM SAMWATSARE  
Technical Analyst,PARTNER OF PARSADAM BROKING HOUSE

Broking House: PARSADAM BROKING HOUSE  has suggested these stocks for mid-term picks. 

Axis Bank Ltd

Recommendation:Buy

Market Price: Rs 1243.7

Target Price: Rs 1653

Axis Bank's highest CASA ratios and CASA market share gains are expected to underpin relatively stronger earnings growth momentum.

Reliance Industries Ltd

Recommendation:Buy

Market Price: Rs 936.2

Target Price: Rs 1189

We expect RIL's profitability to register 12pc CAGR over FY11-13E. We expect its foray in the newer ventures along with discovery and monetisation of its upstream portfolio to keep it on high-growth orbit.

Hindalco Industries Ltd

Recommendation:Buy

Market Price: Rs 189.4

Target Price: Rs 243

Hindalco is well placed to benefit from its aluminium expansion plans, which would increase its capacity by 200pc in the next 2-3 years.

Larsen & Toubro Ltd

Recommendation:Buy

Market Price: Rs 1712

Target Price: Rs 2033

L&T has been able to buck the trend and report higher than estimated order inflow for Q4 FY11, along with stable margins.

Hindustan Unilever Ltd

Recommendation: Buy

Breakout

Last Close: Rs 318

Target: Rs 342

Stop Loss: Rs 302

The stock is near record high of Rs 329.9 above which it is a major break-out. On a monthly basis, it has been making higher lows.

Engineers India Ltd

Recommendation: Buy

Oversold

Last Close: Rs 274

Target: Rs 290

Stop Loss: Rs 263

The stock has formed a fry pan bottom and started to move up on higher volumes and closed above 20 DMA Rs 273

Tech Mahindra Ltd

Recommendation: Buy

Bullish

Last Close: Rs 686

Target: Rs 724

Stop Loss: Rs 661

The stock has made rounding bottom and has closed at a 6-week high and above 100DMA Rs 683.

Tata Motors Ltd

Recommendation: Sell

Bearish

Last Close: Rs 1024

Target: Rs 964

Stop Loss: Rs 1064

The stock gapped down (1075-1070) after breaking down from a triangle formation and it has been consistently moving lower.

In banking, CNX Bank Index lost -57.25 points or -0.53 %. Amongst the banking stocks Indian Overseas Bank, Axis Bank and UCO Bank lead the row.
Bank Nifty Futures shut stop at 10785 down by -40.95 points or -0.38 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 10990 else below support level of 10720 it would be in a downward trend.
It has resistance close to the level of 10990 above this level the next resistance near to the level of 11210. It has support close to the level of 10720 & below this level the next support near 10620 marks.

Today markets closed higher for the second consecutive day with the S&P CNX NIFTY continuing its northward journey and closing the day down -33.60 points or -0.16 % at 5516.75.
The Nifty futures closed and settled finally at 5533.80 down by -24.65 points or -0.44 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 5625 else below support level of 5480 it would be in a downward trend.
It has resistance close to the level of 5625 & above this level the next resistance near the 5730 mark. It has support close to the level of 5480 & below this level the next support near 5400 mark.

JET Airways
Buy JET Airways June Futures in range Rs 448-450
Target Rs 475
Stop Loss at Rs 438
Hindalco
Buy Hindalco June futures in range Rs 2.50-2.75
Target Rs 180
Stop Loss at Rs 1.50
Bank of India (BOI)
Sell BOI
Target Rs 415-406 against CMP Rs 425.8
Mphasis
Sell Mphasis
Target Rs 461-453 against CMP Rs 464.3
Piramal Healthcare
Buy Piramal
Target Rs 385-92 against CMP Rs 371.7
KS Oil
Buy KS Oil
Target Rs 28-29 against CMP Rs 26.3
ITC
Buy ITC
Target price of Rs 198.8-202 against CMP Rs 193.4.

 

BIG BOSS VIKAS P SAMWATSARE

BIG BOSS

VIKAS PARSHURAM SAMWATSARE

INDIAN STOCKS MARKET ANALYSIS, AND INVESTMENTS ADVISER. I GIVE STOCK PICKS, IDEAS FOR THE VALUE INVESTOR, MARKET ANALYSIS, INFORMATION. I AM MASTER ON NIFTY CALL AND PUT CALLS..

Wednesday, June 1, 2011

01/06/2011 FIIS AND DIIS UPDATE5

FII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores)
Category	Date	Buy Value	Sell Value	Net Value
FII	01-Jun-2011	2322.81	1877.59	445.22

DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores)
Category	Date	Buy Value	Sell Value	Net Value
DII	01-Jun-2011	644.8	786.76	-141.96