GMR Infrastructure is close to acquiring PT Barasentosa Lestari coal mine in Indonesia for over USD 100 mn. (ET)
Omaxe divested 51% stake in National Affordable Housing & Infrastructure to a promoter group firm. (BS)
Maytas Infra bagged Rs. 390 mn order from South West Infrastructure Private, a group company of Jindal Steel Works. (BS)
The Finance Minister Palaniappan Chidambaram said that the RBI will keep a close watch on liquidity and state-run banks are ready to provide credit to the small and medium business sectors. (ET)
The Commerce and Industry Minister Kamal Nath said that India will further ease foreign investment rules, including those relating to defence production. (ET)
The US factory orders fell 2.5% in September as the value of energy-related bookings plunged, while demand for durable goods excluding cars and aircraft tumbled by a record. (Bloomberg)
 | 3142.10 | ( 3.23 %) | 98.25 |  |
| 1 | 2 | 3 | ||
| Resistance | 3201.27 | 3260.43 | 3368.57 | |
| Support | 3033.97 | 2925.83 | 2866.67 | |
 | 10631.12 | ( 2.84 %) | 293.44 | | |
| 1 | 2 | 3 | |||
| Resistance | 10827.66 | 11024.20 | 11379.92 | ||
| Support | 10275.40 | 9919.68 | 9723.14 | ||
Strong & Weak futures
This is list of 10 strong futures:
Rajeshexpo, Idfc, Litl, Chamblfert,Bhushanstl, Dabur, Hindujaven, Educomp, Gtl & Stterlinbio
..And this is list of 10 Weak Futures
:Ndtv, Ivrprime, Auropharma, Amtekauto, Gitanjali, Nationalum, Jstainless, Suzlon, Purva & Uniphos.
Trading Calls 5th Nov 08
+ve sectors & scripts :
Banknifty, Vitlinfo, Tatacomm, Balramchin, Centralbnk, Dabur, FSL, GVKpil, KECTrading Calls
Buy Adlabs-199 for 215 with sl 195
Buy OrientBnk-140 for 148-153 with sl 138
Buy Albk-54 for 61-65 with sl 52
+ve Breakout Calls
Buy APIL-265 for 274-300 with sl 261
Buy Biocon-114 for 122-126 with sl 112
Buy Unitech-56 for 63-67 with sl 53
Expected +ve Breakout Calls
Buy GMRinfra-57 above 60 for 76 with sl 55
Buy Siemens-320 above 330 for 350-76 with sl 320
Buy Herohonda-733 above 740 for 760-76 with sl 730
+Positional Calls
Buy Fortis-68 for 79 with sl 65 [positional]
+ve to Market
1. Global cues, 2. FII buying 3.Short covering 4. Asian Market
Find attached the following files
TU - Daily Market Update - 081105.pdf (application/pdf) 77.00K
TU 081105 TA.pdf (application/pdf) 33.00K
TU722 ACC Limited 081104.pdf (application/pdf) 49.00K
TU722 Neyveli Lignite 081104.pdf (application/pdf) 45.00K
TU724 Satyam Computer 081104.pdf (application/pdf) 53.00K
--
Arvind Parekh
+ 91 98432 32381
