Current Topics
- Market Guru
Full Name : Nitin Gupta
Designation: Managing Director
Company Name: Gupta Consultancy Services
Experience in stock market: 9 years
Company Profile: Portfolio Management Services
Today’s Calls
Due To High Volatile in stock market, we still stick in our tomorrow’s calls just go through our call and enjoy trading.
You can check live stock market news on CNBC-Awaaz With Us.
Buy JP hydro at every dip
Two days back I have recommended this stock at 92 and the stock is facing stiff resistance at 95. If crosses 95 with volume then expect a movement till 104 in intraday. Stay long in this stock for a tgt of 140 by keeping a stoploss of 88.
Long term Call
Buy Cals refinery at current price now. The refinery will be operational by the year 2011. I would advise to start accumulating this stock from here with a price tgt of 100 rs in year time frame. The stock is traded only at bse.
Sell Tata Motors
Tata Motors’ (TAMO) consolidated loss including JLR stood at Rs 25 billion for FY09. However, after accounting adjustments, we reckon pre-tax loss stood at Rs 90 billion. Management said it has pumped in $ 1.4 billion into JLR post the acquisition. Management commentary suggested JLR could continue to make losses at EBITDA level in FY10 as well. Given JLR’s annual spending of $ 1 billion on capex and R&D, it would need further cash infusion from the parent (we reckon a further $ 1 billion). TAMO’s consolidated debt:equity works out to 5.7. Adjusted for goodwill and capitalisation of R&D spend, JLR’s networth has already been wiped off. I maintain a sell with a price tgt of 265.
Buy Sugar Stocks
Bajaj hindustan and Balrampur Chini, are both looking good .I have adviced balrampur chini in past. I think sugar prices are trading almost at three years high in the commodity markets and as long as the underlying commodity remains bullish we remain bullish on the sugar sector. I think there is a possibility of 20-25% upmove in a short period of time. I would keep a tgt of 128 in balrampur chini and 252 in bajaj Hindustan.
Levels for nifty
Expect a very volatile session today. I would again advice u all to buy nifty near to 4200 . The support are 4200 and nifty may face a huge resistance near 4350.
Join us at Yahoo Messenger. For FREE LIVE Intraday calls
Yahoo ID : nitingupta555@yahoo.co.in
We started our new SMS services so we can send Live and Free Intraday calls Directly to your mobile.For subscription SMS “JOIN ct_stock” to 567678 .NOW you can also follow us on twitter too follow @ct_stock 
NO ONE WILL GIVE YOU ALL SERVICES AT ONE PLACE & IT’S FREE OF COST
Call Nitin Gupta @ 09867427824
Email Us if you have any Stock related problems : Stocktips@currentopics.com
Disclaimer : These Recommendations are based on technical analysis and Personal observations. Due care has been taken while preparing these comments, no responsibility will be assumed by the author for the consequences what so ever, resulting out of acting on these recommendations.
Disclosure : The calls made herein are for informational purposes and are not recommendations to any person to buy or sell any securities. The information is derived from sources that are deemed to be reliable but its accuracy and completeness are not guaranteed. The above calls are based on the theory of technical analysis. The author does not accept any liability for the use of this site. Readers of this site who buy or sell securities based on the information in this site are solely responsible for their actions.
Related posts:
- Indian stock market calls-Nitin Gupta(09/Sep/09) Daily Indian stock market intraday and delivery calls...
- Indian stock market calls-Nitin Gupta(07/Sep/09) Daily Indian stock market intraday and delivery calls...
- Indian stock market calls-Nitin Gupta(06/Oct/09) Daily Indian stock market intraday and delivery calls...
- Indian stock market calls-Nitin Gupta(30/Sep/09) Daily Indian stock market intraday and delivery calls...
- Indian stock market calls-Nitin Gupta(14/Sep/09) Daily Indian stock market intraday and delivery calls...
Related posts brought to you by Yet Another Related Posts Plugin.
January 29th, 2010 at 7:20 AM
Hi,
Stock market India is volatile and all those who speculate in market are loosing everyday. Please remember stock market is not for speculation purpose. If one feel investing in stock market is gamble then its better to think again.
One should always note that if they want to invest money they should do proper research be it fundamental research or technical research. Just think how come you can invest
your money without any convincing reason for the same?
Indian stock market is one of the most happening and emerging market. Major Indian stock exchanges are BSE and NSE and both are of world class standards.
So grab good stocks and invest that’s the bottom line.
We hope to see you in major profits.
Regards