Thursday, March 4, 2010

Market Outlook 4th March 2010

NSE Nifty Index   5088.10 ( 1.42 %) 71.10       
 1 23
Resistance 5115.875143.63   5194.02  
Support 5037.724987.33 4959.57

BSE Sensex 17000.01 ( 1.36 %) 227.45      
 1 23
Resistance 17082.3217164.62 17316.64
Support 16848.0016695.98 16613.68

Strong & Weak  Stocks
This is list of 10 strong Stocks: 
Tata Motors, Orient Bank, Sesa Goa, Indusind Bank, Hindalco, Mcdowell-N, Pir Health, Sterling Biotech, JSW Steel & Dena Bank.  
And this is list of 10 Weak Stocks: 
Renuka, Chambal Fert, Bajaj Hind, FSL, BPCL, Tata Comm, BEML, ICSA, Tech Mahindra & Polaris Software.
Nifty is in Up trend  

NIFTY FUTURES (F & O):
Below 5063 level, expect profit booking up to 5037-5039 zone and thereafter slide may continue up to 5013-5015 zone by non-stop. 
Hurdle at 5083-5085 zone. Above this zone, rally may continue up to 5091 level and thereafter expect a jump up to 5099 level by non-stop. 
Cross above 5123-5125 zone, can take it up to 5147-5149 zone by non-stop. Supply expected at around this zone and have caution. 
On Negative Side, rebound expected at around 4973-4975 zone. Stop Loss at 4949-4951 zone.

Short-Term Investors:
Bullish Trend. 
Up Side Target at 5174.80. 
Stop Loss at 4830.00.

Equity:
TATAMOTORS (NSE Cash) 
This scrip went up on yesterday. It should have been gone up more & below expectations. Uptrend should continue today also. 
Buy for Intra-Day Gains with a Target of 831 level. 

Stop Loss at 791 level.

ICICIBANK (NSE Cash) 
This scrip went up on yesterday. It should have been gone up more & below expectations. Uptrend should continue today also. 
Buy for Intra-Day Gains with a Target of 932 level. 
Stop Loss at 881 level.

SBIN (NSE Cash) 
Narrowly missed the Target. Uptrend should continue today also. 
Buy for Intra-Day Gains with a Target of 2098 level. 
Stop Loss at 1986 level.

IFCI (NSE Cash):  
Bulls may get trapped at higher levels during intra-day trades today. Expect Positive News within 10 days. 

HINDOILEXP (NSE Cash): 
 Bulls may get trapped at higher levels during intra-day trades today. Expect Negative News within 7 days.  

JINDALSAW (NSE Cash):  
Bulls may get trapped at higher levels during intra-day trades today. Expect Negative News within 8 days.  

SUNPHARMA (NSE Cash): 
Bulls may get trapped at higher levels during intra-day trades today. Expect Positive News within 5 days. 

ENGINERSIN (NSE Cash): 
 Bulls may get trapped at higher levels during intra-day trades today. Expect Negative News within 9 days.

OPTIONS (NSE):
NIFTY 5100  CALL OPTION 
Bulls dominated on yesterday.  Uptrend should continue today. 

If Buying continues, then it can zoom up to 108.00 level. 
If Profit Booking starts, then slide may continue up to 62.00 level.

RELIANCE 1020 CALL OPTION 
Bulls beaten expectations on yesterday. Uptrend should continue today. 
 
If rally continues, then it may continue up to 61.80 level. 

If Profit Booking starts, then slide may continue up to 15.10 level.

STOCK FUTURES (NSE):
TRIVENI FUTURES  
Bulls beaten expectations on yesterday. Uptrend should continue today. 

Buy with a Stop Loss of 114 level for Intra-Day Gains. Target at 152 level.

EKC FUTURES  
Bulls beaten expectations on yesterday. Uptrend should continue today & even up to 05.03.2010. 
 
Buy with a Stop Loss of 113 level with a Target of 134 level. It may zoom even up to 140 level on (or) before 05.03.2010. 
Stop Loss on (or) before 05.03.2010 should be at 110 level.


INVESTMENT VIEW
Blue Dart: Delivering Upon A Promise 

BSE: 526612; CMP Rs 693.90 
Owned 81 per cent by global logistics major DHL, Blue Dart with a 42 per cent share of the domestic logistics market, straddles the industry like a colossus employing a million people with the industry itself representing close to 13 per cent of India's GDP-a figure unrepresented in any large economy around the world.
 

Blue Dart's near monopoly must be attributed to the huge investments that Blue Dart has made in building an infrastructure that is unmatched in the entire South Asia region. The figures make impressive reading: over 21,000 locations, 50 domestic warehouses, a fleet of four B757 and three B737 freighter aircraft offering a revenue payload of 300 tonnes per night, a flotilla of over 5,658 vehicles, more than 300 business associates, 350 Blue Dart-DHL combined retail counters, over 12.2 lacs square feet of warehousing space and over 6,300 committed and trained employees driven by a singular passion of delivering service excellence and value.    
With the induction of two B737 freighters in 1996, Blue Dart became the first express company to launch dedicated cargo operations. Over the years and in sync with customer demands, it augmented capacity and, today Blue Dart continues to maintain its Numero Uno position in the domestic organised Air Express market. 

 

Technology    
Since 1988, Blue Dart has invested over Rs. 480 million in technology to keep abreast of the latest market trends and has continuously upgraded its technology. Today, its in-house development team matches the best in the world.

  

Blue Dart's technology innovations have played a key role in its premium positioning and in bringing global standards to the Indian customers' doorstep. Blue Dart's in-house IT team has constantly developed technology solutions over the past 20 years. Such has been the ramifications of these offerings that more than 79% of Blue Dart's regular customers use it actively.    

Home-grown innovations like the COSMATII™ (the tracking and ERP system), TrackDart™  (monitoring shipment status), MailDart™  (tracking shipments over e-mail), InternetDart™  (memory bank for shipments), PackTrack™ (tracking software for medium and large customers), ShopTrack™ (tracking and CRM tool for e-business portals), ImageDart™ (online download of proof of delivery challans/ documents, to speed up the customer's bill process, waybill issuance capability, customer directory, data upload and download of tracking information), among others have enabled the weaving of thoughtful information management to the logistics business.    

Product Portfolio    
Blue Dart offers express, air freight, ocean freight, supply chain solutions, freight forwarding, customs clearance, project handling and charters through its synergies with the three DHL Business Units – DHL Express, DHL Global Forwarding, and DHL Exel Supply Chain.    
The Express services offer Domestic Priority for non-commercial domestic documents and small packages under 32 kg. Dart Apex is a door-to-door, time definite, supply chain and logistics distribution service for commercial shipments that require regulatory clearance. Smart Box is the convenient door-to-door service for cargo in two sizes – 10 kg and 25 kg.

Dart Surface line is a premium ground service that is designed to meet customer's diverse shipment requirements. Dart Surfaceline provides ground services to over 21,000 locations across India for shipments weighing 10 kg and above. This service is not only fast and efficient but is also safe and economical. Dart Express and Dart Surfaceline also have value-added features attached along like DOD (Demand Draft on Delivery), FOD (Freight on Delivery) and FOV (Freight on Value). 

Freight service include domestic, early morning airport-to-airport deliveries to seven metros – Mumbai, New Delhi, Kolkata, Chennai, Bangalore, Ahmedabad and Hyderabad serviced by Blue Dart aircraft.

 

Charters offer palletized capacity for carriage of urgent and large volumes to 18 airports in India and four international airports in the region.    
Blue Dart, in line with its focus on innovation, has also introduced several customized products Rakhi Express and Student Express designed to meet specific needs. Import Express, the only service of its kind in India, offering door-to-door facility for importing shipments from over 200 countries.    

Recent additions to Blue Dart's product portfolio, in association with group company DHL, include Duties and Taxes paid (DTP), in which all the costs including destination duties/taxes are paid by the shipper/consignor, Economy Select (ESI), a product which travels on a deferred line haul (multimodal or cheaper line hauls) and the cost savings are passed on to the customers. ESI is a reliable door-to-door service for not-so-urgent yet time-sensitive heavy shipments. 
 

(Some forward looking statements on projections, estimates, expectations & outlook are included to enable a better comprehension of the Company prospects. Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints.)

FII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores)
Category DateBuy Value Sell ValueNet Value
FII03-Mar-2010 2900.61941.43 959.17
DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores)
Category DateBuy Value Sell ValueNet Value
DII03-Mar-2010 1317.311504.02 -186.71
Disclosure: I don't have any positions in the above said scrips & NIFTY FUTURES.
Disclaimer:
"I do not make any warranties, express or implied, as to results to be obtained from using the information in this e-letter.  Investors should obtain individual financial advice based on their own particular circumstances before making any investment decisions based upon information in this report."
-- 
Arvind Parekh
+ 91 98432 32381