Few Scripts with good future prospect.

Now as the markets have come down people are stuck as they don't have much money to buy good scripts. There is no liquidity in the markets.
But one can take position in few stocks bellow Rs 20/- and more over which are of good fundamentals.
I have jotted down the list of few stocks which are my favourite.

Dish TV - It is one of the leading company in DTH service.

Marksans Pharma - The script tumbled from 30 rs to 5 rs. A gem of a kind.

Karuturi Global - A company engaged in floriculture business especially roses.

(I would soon be posting a full research analysis on these Scripts along with their targets)

Happy Investing !

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Market outlook and Intraday tips for 5th March.

US markets ended higher.
Europe markets higher.
Asia has opened strong.
Expect Indian Markets to open flat to positive.
We will see a positive rally in the markets today due to RBI rate cut.

The support for the Sensex is 8420-8290 and the resistance to the up move is at 8690

Nifty: (2675) the support for the Nifty is at 2610-2540 and the resistance to the up move is at 2710

Day Trading Ideas -

SAIL

Buy above 77.50 for targets of 79.10 and 81.25

Sell below 73.15 for targets of 72.10 and 70.90

Cipla

Buy above 205 for targets of 207 and 209

Sell below 201 for targest of 199 and 197.50

Rolta India

Buy above 64.85 for targets of 65.25 and 66.10

Sell below 62.45 for targets of 61.20 and 60.10

Happy Investing.

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Market outlook and Intraday tips for 4th March.

US markets ended flat after a volatile section.
Europe also ended in red.
Asia has opened flat.
Expect Indian Markets to have a flat to gap down opening.

The support for the Sensex is 8400-8168 and the resistance to the up move is at 8700

Nifty: (2675) the support for the Nifty is at 2600-2484 and the resistance to the up move is at 2725

Day Trading Ideas -

India Infoline
Buy above 45.10 for targets of 45.90 and 46.85
Sell below 43.05 for targets of 42.45 and 42.05

Hindalco
Buy above 38.10 for targets of 39.05 and 39.80
Sell below 36.25 for taregst of 35.85 and 35.20

IFCI
Buy above 17.90 for targets of 18.40 and 18.85
Sell below 16.25 for targets of 15.90 and 15.50

Happy Investing.

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Market outlook and Intraday tips for 3rd March.

US markets ended lower. Dow sliped below 7K mark for the first time since 1997.
Europe markets plunged in Red.
Asia has opened weak.
Expect Indian Markets to open in red.

The support for the Sensex is 8400-8168 and the resistance to the up move is at 8700

Nifty: (2675) the support for the Nifty is at 2600-2484 and the resistance to the up move is at 2725

NIFTY is overall in Bearish mode.

Day Trading Ideas.

DLF
Buy above 152 for taregts of 155 and 158
Sell below 146 for taregts of 141 and 138

Unitech
Buy above 27.40 for taregts of 28.10 and 28.90
Sell below 23.45 for targets of 22.90 and 22.15

Punj Llyod
Buy above 72.50 for targets of 74 and 76
Sell below 69.40 for taregst of 68.10 and 66.90

Happy Investing.

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Multibagger Call - Praj Industry Ltd.

Scrip: - Praj Industry Ltd.
CMP: - 49.50
BSE Code: - 522205
52 Week H/L: - 221.90 - 49.10
Market Cap: - 904.36
Target: - 110 (Only for Long term investors - 1 Years view.)

World Economic Forum (WEF) have bought out a list of 200 growth companies out of which 22 companies are from India. These companies generally considered as having potential to change the global economic landscape. Praj Industry stands at 6th in the Indian List.

Summary: -
Pune-based Praj Industries is an engineering company and is the market leader in ethanol technology. It provides turnkey project implementation services to set up ethanol distillation units. The company has developed technologies to produce ethanol from a variety of feedstock such as sugarcane, sweet sorghum, corn etc and is trying to develop a commercially viable method to convert cellulose into ethanol.Besides ethanol - which accounts for over 80% of its revenues - the company also carries out distillation for breweries and plans to enter the bio-diesel space.
Praj has executed projects in over 35 countries. Over the past couple of years, it has taken steps to strengthen its global presence. These include an acquisition in the US and tie-ups with foreign companies in Europe and Brazil. With this, the company has established its presence in key markets across the world.

Key Financials: -
Praj's net profit has witnessed a cumulative annual growth rate (CAGR) of 43.2% over the past 10 years.
Considering Praj's current order book, ability to win new orders and investment in research & development, we expect the company to maintain its EBIDTA margins above 20%.
For FY09, we expect Praj to report earnings per share (EPS) of Rs 10.1 At present Praj has a PE of 5.98 with a CMP of 49.90.
If it meets the target of growth its market price would automatically rise.
Target of 89.90 (by year end)

Key Negative: -
The shareholding of the promoters and public has fallen, while institutional holding is on the rise.
Technicals are not in favour.

Key Positive: -
Ethanol and bio-diesel are gaining acceptance worldwide as eco-friendly fuels. Ethanol blending has already become mandatory for petrol in a number of countries, including its largest consumer, the US. The proportion of blending is slated to go up, with governments in the US and India mandating 10% blending over the next 2-4 years.
The company already has an order book of Rs 900 crore, which will be executed over the next 12 months. Praj is gearing up to cater to the fastpaced growth in future by expanding its capabilities. It has increased its manpower and set up its second manufacturing unit at Kandla SEZ. It has also established a full-fledged research centre for bio-fuels to develop new technologies in this field.

Rating -
Short term - 6/10
Medium Term - 6/10
Long Term - 9/10

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Market outlook and Intraday tips for 2nd March.

US markets ended negative.
Europe also ended in red.
Asia has opened weak. Expect Indian markets to open negative.

The support for the Sensex is 8750-8630 and the resistance to the up move is at 9030-9157

Nifty: (2764) the support for the Nifty is at 2730-2685 and the resistance to the up move is at 2824

Markets may remain volatile through out the day.

Day Trading Ideas -

HDIL
Buy above 74.20 for taregts of 75.10 and 76.25
Sell below 72.15 for targets of 71.45 and 70.50

RPL
Buy above 77.85 for taregst of 78.90 and 80.45
Sell below 75.15 for taregts of 74.45 and 73.60

Reliance Ind.
Buy above 1284 for taregts of 1291 and 1298
Sell below 1245 for targets of 1234 and 1226

LNT
Buy above 621 for taregts of 627 and 632
Sell below 604 for taregst of 599 and 594

Happy Investing !

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Multibagger Tip - Financial Technology Ltd.

Scrip: - Financial Technology.
BSE Code: - 526881
CMP: - 423.60 (BSE)
Market Cap: - 1944.32 Cr
52 Week H/L : - 2190.00 - 404.00

Summary: -
Financial Technology one of the favorite scrip of investors floated by Mr. Jignesh Shah.
Financial technology has many products working in the financial trading markets. It has products like ODIN, Inet.net, iWin, FXDirect, etc. These cover all stages of trading – pre trade, trade and post trade. These products cater to Exchanges, Brokers, AMCs,, Depositories, Custodians, Banks, etc.
Financial technologies has set up two commodity exchanges Multi Commodity Exchange (MCX) and Dubai Gold and Commodity Exchange (DGCX). Over the next few years the commodities market is expected to experience exponential growth and Financial Technologies should be a huge beneficiary.
And Also has Stake in Singapore Mercantile Exchange.

Analysis: -
I am recommending this scrip as MCX IPO is awaiting to enter the markets.
Its not entering the market due to a bad economy.
Value of MCX as per Fidelity's entry price:
(50/9*100)*45.5=Rs.25200 million= Rs 2500 crores(approx.)
Share of Financial Tech=64 p.c.
Value of Investment in MCX for Financial Tech=64 p.c. of 2500=1600 crores.

The total value of India’s agri produce is equal to US $ 85 billion. Assuming a multiple of 10 times to the commodities futures market the total size should be to the order of US $ 850 billion. It stands at less then US $b 2 billion today.

Financial: -
At a PE of 2.02 the stock looks attractive and cheep.
Paid a dividend of 100% this year on a FV of 2.

Some Facts -
MCX is the biggest market in India dealing in Futures.
BOLT is a software designed by Fin Tech.

Risks -
A bad economy so Fin Tech is not winning many new orders.
MCX IPO can be delayed before it comes in to markets.

Maximum down side -
I expect a maximum down side of 340 on this scrip. (This is not a technical view)

Rating -
Short term - 5/10
Medium Term - 6/10
Long Term - 8/10

" This is a best scrip only for Long Term Investors"

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Long term view on NTPC

CMP - 184.20

After the announcement that no private parties (companies) can enter in generation of Nuclear power (Electricity) for seven years NTPC has become one of my favorite.

More over with its existing operations, ongoing expansion plans and high profitability, NTPC is favourably placed in the power generation space.

Further, the shortage in power supply, which is expected to remain in the medium to long term, will keep the capacity utilization of power plants at a high level.

The Project in Mind -

National Thermal Power Corporation (NTPC) will commence the commercial production of the second 500 Mega Watt at Sipat Super Thermal Power Project in this year.

With this the commercial capacity of Sipat Super Thermal Power Project, Stage-II will come to 1000 Mega Watt.

As soon as this project is started it will double its capacity and also increase its revenue adding profits in balance sheets.

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Weekly news letter and stocks to watch out for.

Last week we saw markets were firm. Gave some positive returns in the week.
The Government announced a 2% cut in service tax rates to 10% and reduced excise duty from 10% to 8%.
A huge decline in GDP from 8.9% to 5.3% , this was one of the major cause of concern.
Inflation now stands at a 14-month low of 3.36% for the week ended 14 February 2009. Expectations that the RBI would cut interest rates further to support faltering growth.

What would the one thing be HOT this week is the Reliance Ind and RPL merger ?

Sectors to watch out this week.

Infrastructure
Oil N Gas

Stocks to watch out for -

Reliance Ind.
RPL
ONGC
IOC
Unitech
Satyam
Akruti City

Happy Investing !
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NIFTY Weekly Technical Analysis.

Last week we saw NIFTY was in a negative mode.
Last week NIFTY closed at 2736 and this week at 2763 an increase of 30 points odd.
The week was volatile.
NIFTY TRIN at 0.771
Over all Nifty is of Mixed Nature.
5 day EMA at 2767.44

Pivot - 2749.65
Support - 2690 and 2625
Resistance - 2815 and 2895

NIFTY 1 month target 2915
Over all mode "Volatile"

NIFTY target for Next week - 2825 (NIFTY can touch this point and can come down)

Simple Moving Averages -

5 D	8 D	13 D	20 D	39 D	50 D	200 D
2756	2765	2821	2822	2837	2869	3685

Chart -



NIFTY Autogenerated technical analysis Click Here.

Happy Investing.

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