Vol.

4 Issue : 17 Date : 20-06-2011 to 26-06-2011 Editor : Narendra Joshi Mobile:9825065387 Land line 079 27451449 Address : 115/991, Nirmal Apartment, Telephone Exchange Road, Naranpura, Ahmedabad -380063 Phone : 27451449

Mixed results in stock market

Keep SELLing below support 5350 for target 4150

Astromoney Guru

Nifty Sutra Nifty

th

FED Meeting Will Decide Market Faith on 22nd June..Relaince Group worst performer in Market

11

Market preview
th

the ON THE BRINK OF Weekly Review for2011 Week 20 to 24 June BEARISH BREAKOUT
18/06/2011. INFLATION : A MAJOR CONCERN. In a move to arrest surging inflation, RBI increased its benchmark Repo rate by 25bps to 7.5% and also increased the Reverse Repo by 25bps to 6.5%. A further increase in interest rates cannot be ruled out, if the inflation continues its upward journey. Keeping the market did not take very kindly to the RBI Nifty: (5366) Sensex: (17871) 17.6.11 We said Technically the market is still flat with stiff resistance around the 5560-5600 zones. The market cannot be considered up unless 5600 gets taken out with force...the market may slide down towards 5350 marks in the days to come The market unfolded exactly as expected and the market saw our target of 5350 being achieved and the low for the week is 5355. Technically the market is still weak and has not displayed any signs of strength as yet, the bar generated for the week too is a bearish bar and so in all likely hood

strong resistance exists around 5470 From a trading

WEEKLY REVIEW

PRAKASH GABA
Tel : 093222-10907
CFT, MSTA (Londen)
A professional Technical Analyst and a Trader based in Bombay & Runs his own consultancy http:// www.prakashgaba.com Email:prakashgaba@hotmail.com

MERIT STOCK

inflation under check is now the top priority of the RBI, whi le Best Off Nif ty - Bes t Of f er m a i n t a i n i n g irs for First time for Big and growth seems trader aders... small traders... to have taken ACC CCOUNT Open an ACC OUNT a backseat. J U S T with wit h us and EARN A B O V E daily Points. daily 20-30 Points. SUPPORT. Advisor dvisory No A dvisor y T h e Charg Char g es.. Its FREEEE........

move and slipped lower. In the process, the market has managed to change the short term trend to down. As a result all the three short term, medium term and long term trend are now in the same direction and that is down. Pattern
Continue on ......7

we should see some lower levels in the days to come...technically a level of 5285 is a possibility...however

point of view I would consider buying only if market takes out the 5470 mark with force.

ccuracy such that Accuracy such that u ne v er hav nev find hav e f ind befor ore.. Abo bov before.. A bov e 95%.. Believ Try & Believe. Each Ever ery with Each n Every Call with trict Proper s tr ict SL and Pr oper ollow Follow up. Option, Call & Put Op tion, ock Futur utures are S t oc k F utur es ar e Anot Services Ano t her Ser vices Offered.

MERIT STOCK

PHARMA, PERSONAL CARE, TEXTILE SECTOR WILL ALSO BE GETTING ASTROLOGICAL SUPPORT
Weekly Stock Market Prediction 20th June 24th June 2011 Weekly planetary position: During the week, Moon will be transiting in Aquarius & Pisces. Sun & Mercury in Gemini. Venus, Mars & Ketu in Taurus. Jupiter in Aries. Rahu in Scorpio. Pluto in Sagittarius. Saturn in Virgo. Neptune in Aquarius. BE CAUTIOUS: Planet RAHU & KETU have changed the house from 6th June 2011. They stay in one house for 18 months. They are signaficators for speculation & trading in months, may start underperforming now & many new sectors will

Gold - Silver, Copper, Nickel, Lead, Zinc, Crude Oil-Natural Gas. Each n Every Call with strict SL and Proper Follow up. Special Sevices offered for Big Traders.

ACCURACY ABOVE 90 % ACTUAL

ASTROLOGY & STOCK MARKET SATISH GUPTA

http://www.astrostocktips.in e mail:astrostocktips@rediffmail.com

For Past Performance and other details Pls visit : www.meritstock.com

www.meritstock.com

09881177967

121098765432109876543210987654321 121098765432109876543210987654321 121098765432109876543210987654321 121098765432109876543210987654321 121098765432109876543210987654321 121098765432109876543210987654321 121098765432109876543210987654321 121098765432109876543210987654321 121098765432109876543210987654321 121098765432109876543210987654321

Intraday & Positional Call.

09811738366

MOBILE : - 09810018438

09881177967

Stock Market. Many sectors, which were out performing since last 18

start performing. It is quiet possible

Continue on .......8

20-06-2011 to 26-06-2011

ECONOMICREVOLUTION

THE THE

MARKETS POISED FOR BREAKDOWN FURTHER THIS WEEK

Markets as expected saw correction our stock ideas all on taergets this week we might try a small bounce and then see more selling nifty can test 5300-5175 before

MARKET TREND

Ashuu kakkarr
Tel : +91-7893354545 +91-7893254545 +91 93476 46997
Website : www.ashuukakkarr.com Email ID : ashuu@ashuukakkarr.com / info@ashuukakkarr.com

short term bottom will be in place in july august we can test 4750 long term trendlline support if weekly close below 4750 then long term bear market can last 6-9 months atleast more bad news this rainy season in store.

buy icici 1032.3 sl 1015 ta 1075 buy sbi 2213.1 sl 2180 ta 2250-2275 buy tisco 573 sl 560 ta 595

Mixed results in stock market

As per Col Ajay Ceo o f www.astromoneyuru.com 24th week year 2011 Hope all readers must have enjoyed big profit in stock market and commodities market.

ASTROMONEY GURU

COL. AJAY
Mo. 09414056705, 09314196555
www. astromoneyguru.com
represented by Venus and year 2011 is represented by Rahu. Combination of Venus with Rahu may bring mixed result in Indian stock and commodities market. Our advance predictions for weakness in crude oil once again proved correct, Crude oil has seen wonderful down ward movement around 10% as predicated in previous article. Recommended stocks Hpcl and Bpcl were among top gainers's list as predicted. In commodities market. . During this week sun

This combination will lead mixed tend in Indian stock market. As per astro economics telecommunication, pharma and fertilizers stocks should be under focus. This week mars are going to play important roll in Indian stock market. Mars is known as commander of all planets and lord of Aries and Scorpio, remains 40-45 days in one sign. Mars gives wonderful positive result if placed in tenth house of horoscope in Capricorn or Aries. This special yoga is found in world top ranking Army leaders, Real state owners, Kings and sport man specially Boxing, shooting,

Corrupt Chinese officials smuggled an estimated Rmb800bn ($123.6bn) of ill-gotten gains out of the country over a 15-year period, according to a report r e l e a s e d by Chinas central bank. Around 17,000 Communist party cadres, police, judicial officers and stateowned enterprise executives fled the country between the mid-1990s and 2008, the 67-page report said. For higher-ranking officials who managed to abscond with large amounts of money, the S was the favourite destination, while Canada, Australia and the Netherlands were also popular. Those who

Corrupt officials took $124bn out of China

website of the central banks anti-money -laundering bureau this week. The bureau took the report down after it generated a public outcry. documents and overseas investments. Others used credit cards to buy large amounts of luxury goods overseas and then used illicit funds to pay back the

In a refrain that is regularly repeated by senior Chinese leaders, the report warned that rampant corruption poses a threat to

fees in China. Chinese capital controls are supposed to limit individuals to annual remittances of just $50,000 in or out of

and mercury are in mithun rashi while mars, Venus and ketu are in varashab rashi.

ridding and adventure sports persons . Mars gives malefic result

Continue on .......8

could not immediately secure visas for western countries often chose to stay in small countries in eastern Europe, Latin America and Africa while they waited for a chance to move to their final intended destination. Lower-ranking officials tended to escape to countries bordering China, the report said. The independently administered Chinese territory of Hong Kong was also a popular transit point. The report, stamped internal materials, store carefully and compiled in June 2008, was published on the

Communist party rule. It also provided a fascinating insight into the mechanisms behind that corruption by identifying eight ways that officials funneled their illicit funds offshore. Overseas casinos were commonly used to launder money out of the country in collusion with gaming operators, the report said. Many officials carried large amounts of cash across the border or disguised money transfers to relatives, mistresses and other confidantes abroad, while more sophisticated cadres relied on fake trade

the country. The sectors that were most at risk of having corrupt officials abscond with stolen funds were sensitive industries like finance, state-owned m o n o p o l i e s , construction, transport and tax, investment and trade departments of the government, the report said. Anecdotal evidence suggests the number of officials absconding abroad with stolen assets is increasing, in part because of a senior leadership transition scheduled for late next year. Many officials fear they will be losers in the power struggles that are expected to accompany the transition.

THE ECONOMIC REVOLUTION WELKNOWN ANALYSTS WRITERS FROM DIFFERENT PART OF COUNTRY

20-06-2011 to 26-06-2011

ECONOMICREVOLUTION

THE THE

SENSEX SUPPORT 17675 / 17241 RESISTANCE 18007 / 18279

SENSEX ( S U P P O R T 1 7 6 7 5/ 1 7 2 4 1 RESISTANCE18007/ 18279) Technically sensex looking sideways for coming days. The next major Resistance level nifty is above 5589 mark. Nifty future Target and Stop loss for clients only. TATA MOTORS LIMITED (SUPPORT 924RESISTANCE 1073)BUY Stock looking strong Stock is looking great to sell for short term traders and investors. Traders can sell cash and future. Target and Stop loss only for Clients. SHORT TERM TRADING CALL STRONG TECHNICAL BREAKOUT KEEP STOPLOSS ALSO BUY ( BSE CODE 531582) BERYL SECURITIES LIMITED & CIL SECURITIES LIMITED ( BSE CODE 530829) Disclaimer: These calls are based on the technical analysis and personal observations and are not recommendations to any person to buy or sell any securities. We dont consider fundamental values of any scrip in this newsletter. Readers of this column who buy or sell securities based on the information in this column are solely responsible for their actions and profit or loss. It is only the outlook of the markets and stocks with reference to its previous performance. You are advised to take your position with your sense 1) ACC. ( 957.00) :In this scrip near term support at 951 and buy with the stop loss of 944 on the upper side first target is 964 then Rs. 972 - 983 to 997. 2) BOB. :- (859.70) :- In this scrip near term support at 853 and buy with the stop loss of 846 on the upper side first target is 867 then Rs. 873 - 880 to 887. 3)CENTURY TEX. :- ( 352.85) :- In this scrip near term support at 348 and buy with the stop loss of 342 on the upper side first target is 358 then Rs. 363 370 to 376. 4) DR.REDDY :- ( 1547.85) :- In this scrip near term supand judgment and with strict stoploss. we send our Articles to different news providers and we dont gurantee of accurate printing of the article, there maybe misprinting and port at 1541 and buy with the stop loss of 1533 on the upper side first target is 1556 then Rs. 1565 - 1572 to 1584. 5) JSW SL ( 866.45 ) :- In this scrip near term support at 861 misreporting in the article. Stock market is highly unpredictable and demand and supply affects it. And author won't be liable or responsible for any legal or financial losses made by anyone. ) :- In this scrip near term support at 811 and buy with the stop loss of 803 0n the upper side first target is 824 then Rs. 835 - 843 to 851. 7) GRASIM ( 2097.50 ) :- In this

TRADE WITH TEH TREND

ABHISHEK JAIN
Mo. 098260 41144
E-Mail: investment_guru1@yahoo.com www.stocksidea.com
of sensex is 18279. Target and Stop loss for clients only. NIFTY (SUPPORT5312/ 5234RESISTANCE 5476/5589) Technically Nifty is also looking sideways for coming days. The next major Strong Resistance in the Technically. Indicators showing good up move for next few days. Traders can Buy cash and future for short term. Target and Stop loss only for Clients. RELIANCE COMM. LIMITED (SUPPORT 84RESISTNCE99) SELL

BEST TIPS
RUPESH SHAH
Mo. 09898725599
and buy with the stop loss of 853 on the upper side first target is 873 then Rs. 882 889 to 898. 6) FINTECH ( 816.20 scrip near term support at 2088 and buy with the stop loss of 2075 on the upper side first target is 2111
Continue on .......12

NOW SOME PAGES OF THE ECONOMIC REVOLUTION IS AVAILABLE ON MONDAY ON THIS WEB AND WHOLE ISSUE WILL BE AVAILABLE ON TUESDAY ONLY. IF YOU WANT WHOLE ISSUE ON MONDAY EARLY MORNING IN YOUR E MAIL

SUBSCRIPRION ONLY ONLY RS.1000

GET GUJARATI PER YEAR, WITH THIS ISSUE GET GUJARATI VERSION FREE
THE ECONOMIC REVOLUTION

20-06-2011 to 26-06-2011
Lions Roar
analysis suggests that strong bearish distribution pattern is about to get completed once the Nifty closes below 5321 and Sensex

ECONOMICREVOLUTION
made a Bearish black body candle on Friday. Sensex, as a matter of fact, has managed to form a Bearish Opening Black body There exists a strong support in the zone of Sensex 1782117783 and Nifty 53535321. These support zones are a result of convergence of intermediate and long term demand lines. This is a very critical support zone and the market has been respecting it for the past 18months. A breach of this support zone wi ll confirm a Bearish Head and Sensex 18724 and Nifty 5605. On the higher side the 50% pull-back level of the immediate fall, 38.2% of the entire fall, and 50dma all

THE THE

7
Cont. from Pg. 1

the market in mind, one should use these pull-backs as an exit opportunity or to go short at higher resistance levels.

INDEX LEVELS :
Nifty Sensex S3 S2 S1 CLOSE R1 R2 R3 5160 5232 5310 5366 5443 5517 5605 17276 17469 17678 17870 18120 18380 18636 T EC H N I C A L LY SPEAKING. The Sensex opened the week at 18242, made a high of 18380, a low of 17844 and Marubuzo. In short, candle stick analysis suggests bearishness to continue. The market is well below the long term

WATCH OUT FOR

converge and are placed nearby, thus forming F irst Resistance Zone i.e. from Sensex 1864918799 and Nifty 5595-

below 17783. This level holds lot of significance as not only the intermediate pattern but also the long term bearish Head

cut %D from above. One thing to remember is %K is in oversold territory and a minor bounce back cannot be ruled out. The D i re c t i o n a l Indicators are in Sell mode as +DI is above DI. -DI is gathering strength s u g g es t i n g t h a t t h e downtrend is gaining strength. The ADX is at 17 which suggest a weak trend.

LAST WEEKS RECOMMENDATIONS All the three pairs did well and all the recommendations achieved their targets with the possible exception of Hero Honda.
76543210987654321 76543210987654321 76543210987654321 76543210987654321 76543210987654321 76543210987654321 76543210987654321 76543210987654321 76543210987654321 76543210987654321 76543210987654321 76543210987654321 76543210987654321

& Shoulders pattern will get completed below Nifty 5321. MINOR PULLBACKS - AN EXIT OPPORTUNITY. Next week will be a critical test for the market as the support zone between Nifty 5353-5321 wi ll be

closed the week at 17870. The Sensex lost 398 points on a weekly basis. Similarly Nifty opened the week at 5469, made a high of 5520, a low of 5355 and closed the week at 5366. The Nifty closed with a loss of 119 points on a weekly

average i.e. 200dma (Sensex 19182 and Nifty 5757), medium term average of 50dma (Sensex 18649 and Nifty 5595) and now has closed even below the short term average of 20dma (Sensex 18245 and Nifty 5476). As a result, the

THIS WEEKS RECOMMENDATIONS :

This week is expected to be very volatile and hence Pair Strategies are suggested.
1 2 3 Buy Sell Buy Sell Buy Sell STOCK HPCL OBC GodrejInd M&M ReLInfra HDFC CMP 382 317 202 644 580 638 SL 376 324 198 658 574 645 Tgt-1 392 307 209 624 592 626 Tgt-2 403 296 216 604 605 612

tested. As many medium and long term supports are emerging in this support zone, a decisive break will spell trouble for the Bulls. In the mean while, one cannot rule out possibilities of minor pull-backs, but keeping the negative trend of

basis. After making two neutral formations for two consecutive weeks, both the indices made a decisive Bearish big black body candle for the week. As far as the daily charts are concerned, both Sensex and Nifty have

short term trend has turned down and is now in unison with the medium term and the long term trends which continue to remain down. Short term trend will now turn up only when the Sensex closes above 18245 and Nifty 5476.

THE ECONOMIC REVOLUTION WEL KNOWN ANALYSTS WRITERS FROM DIFFERENT PART OF COUNTRY

3210987654321 3210987654321 3210987654321 3210987654321 3210987654321 3210987654321 3210987654321 3210987654321 3210987654321 3210987654321 3210987654321 3210987654321 3210987654321 3210987654321 3210987654321 3210987654321 3210987654321 3210987654321 3210987654321 3210987654321

Rec. price 1 BuyCentTex 345 Sell BhushStl 419 2 BuyPantaloon 284 Sell JsWSteel 898 3 BuyTalwlkar 249 Sell HeroHnda 1724

STOCK

Tgt 361 408 300 866 261 1698

Reached Lot size 366 500 398 500 312 500 861 250 261 1000 1708 125 Profit

Profit Rs. 10,500 Rs. 10,500 Rs. 14,000 Rs. 9,250 Rs. 12,000 Rs. 2,000 Rs.58,250

Shoulders Reversal pattern not only in i n t e r m ed i a t e timeframe but also in the long term

5636. Above this, there is a second resistance zone formed by the convergence of 50% of the entire fall,

FOR ACCURATE STOCK MARKET PREDICTIONS

http//www.astrostocktips.in
TEL NO 9810018438- 9810056543
timeframe. This will be herald a strong bear onslaught. Sensex will then have a minimum target of 15762 and Nifty 4721. Pattern formation is a dynamic process and the market had already completed a small Bearish Head & Shoulders and the target for which is Sensex 16573 and Nifty 4964. The target for this Bearish Head and Shoulders will remain intact as long as the market remains below trendline resistance and 200dma. Thus Sensex 19182-19210 and Nifty 5757-5776 forms a Second Resistance Zone. Majority of the oscillators are giving S e l l s i g n a l s . M AC D a n d RO C a re b o t h negative and in Sell mode. RSI has fallen to 36 and continues w i t h i ts S e l l m o d e . Money Flow (31) is in Sell mode and so does the OBV. Stochas tic oscillator has given a Sell signal as %K has

N i f t y O. I . P C R i s q u i te l o w at 1 . 0 3 . Highest Open Interest build-up has shifted to 5100 strike price Put, once the support of 5400 was taken out by the market. This s u g g es t s t h a t t h e m a r ket i s l i ke l y t o find support at lower levels around 5100. The Tre n d l i n e Res i s ta n c e fo r t h e Sensex is at 18635 . The Trendline Support is at 17783. The Tre n d l i n e Res i s ta n c e fo r t h e Nifty is at 5605. The Trendline Support is at 5321. Fo r t h e we e k a h ea d , S e n s ex w i l l f i n d S u p p o r t at 1 7678 - 1 74 6 9 - 17276 and will find Resistance at 1812018380-18636. Fo r t h e we e k ahead, Nifty will find S u p p o r t at 5 3 1 0 52 3 2 - 51 6 0 a n d w i ll f i n d Res i s ta n c e at 5443-5517-5605.

20-06-2011 to 26-06-2011

BEARISH TREND BELOW 18380 IN SENSEX

Negative Sign From Global Markets, Re Again Price Hikes In Repo Rate By RBI, Add Of Flood Inflation Rate And Reliance Gone At Two Years Low Level So Last Week Indian Stock Market Left Its Range Bound Movement Where SENSEX Given Close Below 18000 Two Weeks That Global Markets Crisis Will Effect On Indian Stock Market Same That Bearish Trend Looked In SENSEX. We Have Complete Analysis Of Some Selected Stocks For Traders And Investors Who Can Give You 8 To 14 Percentages Return In Short Term And Bad Situation Of Market To Recommendation Of Strong Fundamentally And Technical Stocks. We Will Do It Well ! Our Members Get First Our Recommendation Then Readers. Investors Should Trade Be Carefully For Next Week. (Thane) And The Company Set Up By Siyaram Poddar Group Concerted With Textiles, Garments, Yarns, Furnishing, Paper And Tyres Like Diversified A g r i c u l t u r e , Construction, Industries, Earth Movers, Port, ATV And Tuff care Column. Company Recent Chairmen Is Dharamprashad Poddar Yearly Result Are According This Company Noticed RS 70.30 Cr Net Profit And RS 240.63 Cr Operating Profit Selling On RS 1257.26 Cr In March 2009 When In

ECONOMICREVOLUTION

THE THE

NIFTY TECHNICALLS(5366.40)
Nifty Create On Weekly Chart A Format Of Rising Width In Down Trend Who Gives A Sign Of Selling At Every High Up To Not Cross Its One Main Resistance If It Cross Its Main Resistance Then You Can See Bullish Trend Of 5536. If It Break Its Near Main Support And Give Close In To So Target Will Be 5225. Last Week We Said Clearly If Nifty Break Its Main Support Means 5460 And Giving Close In To Nifty Created Low Levels Up To 5360 And Earning 100 Points In Just Two Days. Traders Can Trade In Nifty By Break Out For Next Week.

Psychological Level Continues Two Days. Last Week We Informed That Bullish Trend Will Be Continue On 18815 In SENSEX Same Bearish Trend Looked At High Levels In Index. SENSEX Create On Weekly Chart A Format Of Rectangle In Down Trend Who Gives

Buy Sell Around Definite Support And Definite Resistance. We Also Inform To Our Members. We Have Given Some Stocks Like Balkrishna Ind And Repro India When Index Was At 19000 We Given Recommendation Of Balkrishna Ind At Rs 133

Busienss. Company Top In The World For Off High Tyres Production. The Company Started With Pulp, Paper And Synthetic Fabric Processing Business In 1961. Company Export 90 Percentages More Produced Tyres In 120 Countries Like Europe,

And MD Is Arvind Poddar. When Including HUM PAANCH Fame And TV Celebrity Ashok Saraaf In Board Of Directors. The Stock Recent Book Value Is RS 68.66 And Face Value Is RS 2. When Company Recent PE Ratio Is 6.47

March 2010 RS 208.73 Cr And RS 379.71 Cr Operating Profit More Selling On RS 1394.30 Cr. Company Also Shown 107.97 Percentages EPS March 2010 Who Has Been 36.37 Percentages In March 2009. There Is Good Improvement In Company Yearly Result

A Sign Of Selling At Every High Up To Not Cross Its Main Resistance Of 18380 If It Cross 18380 And Giving Close On It So You Can See Improvement Up To 18670. To Break Main Support 17608 And Give Close In It So Reduction Can Be Up To 17270. We Continue Inform You Last

Recently The Stock Around Rs 148 It Also Gone At High Level Of Rs 161. When Repro India Given Around 90 When Index Was 19000 Now Index Are Below 18000 But Repro India Shown Top Levels Of 52 Week At 147. Now It Is Around Rs 136. We Have Given A l w a y s

MEDIUM TO LONG TERM ROCKING CALL

BALKRISHNA IND (BSE CODE 502355) (148.45)
Located At Bombay

North And South America, Africa And Middle East. Company Also Produced Agree Max, Agree Max Hoarse, Agree Max Forties, Agree Max Tarnish, Earth Max, Four Track, Multi Max, Road Max Brand Tyres. The Company Have A Good Image For Its Own Better Brand In

Percentages Who Is Below From Industrial PE Ratio Of 7.08 Percentages. Company Also Shows 20.39 Percentages EPS For Current Duration When Company Pays 70 Percentages Above Dividend Every Years. Company Quarterly Result Are Normal When

Of 2006 To 2010. There Is No Adaptation At All In Company Selling And Profit After Price Hike In Rubber Using In Tyres Business For Last Two Years Its Sign Strength Of Company.

Technical Chart (Bal Krishna Ind)

Continue on .......12

THE ECONOMIC REVOLUTION WORLD WIDE READERS MORE THAN 5 LAKHS,

20-06-2011 to 26-06-2011

FED Meeting Will Decide Market Faith on 22nd June..Relaince Group worst performer in Market
The Reserve Bank of India increased the repo and the reverse repo rates by 25 basis points to 7.5 per cent and 6.5 per cent respectively in its monetary policy meeting last Thursday. It is now amply clear that when the bellwether was slipping lower. That Reliance Industries, which enjoys the highest weight of 10.9 per cent in the index, tumbled 8 per cent during the week too led to the index decline. The F&O total bearish zone. Daily moving average convergence divergence indicator has crossed over and is signalling a sell. Both daily and weekly MACD are hovering in the negative territory. Both the 10day rate of change oscillator as well as its weekly oscillator is featuring in the negative terrain. These signal that the medium-term trend is in danger. The index's decline in the previous week has not changed our medium-term view. The Sensex is in a m e d i u m - t e r m downtrend and only an emphatic rally beyond 19,037 will mar this trend. As long as the index trades below 18,700, it has the prospect of slipping to 17,420 or 16,647 levels in the ensuing weeks. In the short-term, the Sensex is consolidating sideways in the range between 17,800 and 18,600. Last week, it fell below its key support level of 18,124 and is currently trading just above its next important support level of 17,786. A rebound from this support level will restore the short-term trading range between 17,800 and 18,600. Support below 17,786 is approximately at 17,600 levels. Any decisive violation of 17,786 will activate the mediumterm targets and pull the index down. However, an upward bounce from its immediate support level can lift the index higher, such that a pull back to 18,200 becomes possible. On breaching this, 18,500 in the shortterm too becomes a possibility. But will the bulls fight back for a pullback rally? We have to wait and watch! 119 points last week, breaching it 21-day moving average. The index penetrated its immediate support at 5,434 and is halting just above its March 25 low of 5,328 levels. The Nifty could bounce up from 5,328. In that scenario, it can move sideways in levels. However, strong breakthrough of 5,328 will accelerate the down move and pull the index lower to 5,224 and then to 4,989 levels in the upcoming months. Nifty is in a medium-term downtrend. A move above 5,708 is necessary to mitigate this However, it subsequently reversed lower on Friday to close at 75.46 levels. The Dow snapped its six-week losing streak by gaining 52 points for the week. It was very volatile during last week and managed to close at 12,004, around its

ECONOMICREVOLUTION

THE THE

11

MARKET PREVIEW
Rajesh Kothari
Mo.: + 91 09892145335
E-mail : rajrose29@gmail.com
the Central Bank's monetary policy stance remains firmly antiinflationary, even if it comes at the cost of short-term deceleration in growth. Discouraging show by the Index of Industrial Production, which was abruptly lower at 6.34 per cent in April 2011 against 13.1 turnover was at Rs 1, 00,173 crore. A put call ratio below 1 however hints that the overall mood is turning positive with the bears covering their short positions. Though the Sensex managed to close above its 21-day moving average on Tuesday, which was the only

per cent in last April and high food inflation at 8.96 per cent, kept the mood in the market sombre. Selling pressure over the past three trading sessions dragged the Sensex down by 398 points or 2 per cent for the week. Though the daily volume traded was low in the beginning of the week, it increased in the later part of the week

positive day for the week, it subsequently breached this average conclusively. It is now trading well below its 21and 50-day moving averages. The 14-day relative strength index too has entered the bearish zone from the neutral region. The weekly RSI however is hovering around 40 levels and is on the brink of entering in to the

N i f t y (5,366.4)
The Nifty slumped

the band between 5,328 and 5,600 in the shortterm. Upward reversal will encounter resistance around 5,450 and then at 5,550 levels. Next key resistance is at 5,628

downtrend.

Global Notes
The dollar index continued its up move and met with key medium-term resistance at 76.5 on June 16.

psychological level of 12000. Immediate support for Dow is at 11,850 levels and resistance is at 12,200. In commodities, gold climbed marginally higher by $9 an ounce last week to finish at $1,539. It marked its lifetime high of $1,575 on May 2. Light crude plummeted $6.3 or 6 per cent to close at $93 a barrel. Light crude is likely to test its immediate support at $92; strong weekly close below this support can pave way for a decline to $85 in the medium term. However, an upward bounce will encounter resistances at $97, $100 and $103 levels.

THE ECONOMIC REVOLUTION

TO GET SUCCESS IN STOCKMARKET ALWAYS READ TER

20-06-2011 to 26-06-2011

ECONOMICREVOLUTION

THE THE

13

Below 5350, we may see 5324, 5300, 5270 Above 5427, we may see 5463, 5508, 5535
In Last weeks BAAJ NAZARE (13.06.11 to 17.06.11),We had clearly & boldly informed all that, Below 5410, We may see 5380,5360 in nifty future Nifty future had achieved both targets & touched a low of exactly 5361.10 Is it p e r f e c t Prediction?????......Give us feedback.please From Last weeks stock future recommendations given performance in this kind of market????... Kindly give us feedback

N i f t y Future(5380.10) :
Below 5350,we may s e e 5324,5300,5270Above 5427,we may see 5463,5508,5535. Readers may please, Trade On Breakout side only according to own financial capacity & at risk & on your own

1) LIC (229.30): Rs. 224 stoploss It may touch 238 to 245... 2) Tata Motors (984.65): Rs. 970 stoploss.. It may touch 995 to 1011 3) Raymond (378.75): Rs. 370 stoploss.It may touch 390 to 406 4) Axis (1228.25): Rs. 1207 stoploss. It may touch 1242 to 1261 5) Educomp (417.55): Rs. 403 stoploss..It may touch 426 to 437...

Very Operators are active in Very Small Penny & Smallcap scripts which may give rise in coming days.
# Join Me On My Facebook Id : http://www.facebook.com/ profile.php?id=100002368427156 Those interested can add me by sending friend request. # Visit Our Letusgrowtogether Page On Facebook & Like It : http://www.facebook.com/pages/Letusgrowtogether-StockMarket-Info/144783155591469 # Follow Us On Twitter : https://twitter.com/#!/ ParasKGhelani

Hot Short Term Delivery based Calls :

1) Aban (523204) (543.80): Near term it may touch 552 to 570 2) MRPL (500109) (77.20): Near term it may touch 82 to 90 3) TTML (532371) (16.40): Near term it may touch 18 to 20 4) R Power (532939)

Hot Delivery based Short term Investment :

1) REI Agro (532106) (25.70): Near term it may touch to 28 to 30 2) India Lease (500202) (9.89): Near term it may touch 12 to 14 3) Aftek (530707) (15.34): Near term it may touch 18 to 21 with upmove.. 4) Riga Sugar (507508) (21.60): Near term it may touch 25 to 30 5) Hotel Leela (500193) (37.80): Near term it may tocuh 41 to 45. 6) J P Power (532627) (47.90): Near term it may touch 54 to 59.. 7) Balasor Alloys (513142) (21.10): Near term it may touch 25 to 30

in BAAJ NAZARE(13.06.11 to 17.06.11), Raymond touched 396 from our

decisions.

Hot Positional Stock Futures:

# Join Me On My Facebook Id : http:// www.facebook.com/profile.php?id=100002368427156 Those interested can add me by sending friend request. # Visit Our Letusgrowtogether Page On Facebook & Like It : http://www.facebook.com/pages/LetusgrowtogetherStock-Market-Info/144783155591469 # Follow Us On Twitter : https://twitter.com/#!/ParasKGhelani
reco price 391 (Gain of Rs. 5 per lot), Maruti touched 1237 from our reco price 1216 (Gain of Rs. 21 per lot) , TCS touched 1206 from our reco price 1190 (Gain of Rs. 1190 per lot), IRB touched 179 from our reco price 168 (Gain of Rs. 11 per lot), Bhel touched 1964 from our reco price 1929 (Gain of Rs. 35 per lot), Titan touched 4670 from our reco price 4549 (Gain of Rs. 121 per lot) & MRPL touched 81 from our reco price 76 (Gain of Rs. 5 per lot). Is It good 1) Sun Pharma (497.85): Rs. 468 stoplossIt may touch 495 to 509 2) GSPL (95.50): Rs. 93 stoplossIt may touch 99 to 102 3) Sesa Goa (270.05): Rs. 260 stoploss.. It may touch 280 to 291 4) Godrej Ind (203.15): Rs. 195 stoploss..It may touch 210 to 217 5) Hindalco (170.90): Rs. 163 stoplossIt may touch 176 to 183 (115.40): Near term it may touch 120 to 126 5) Godrej Consumer (532424) (419): Near term it may touch 431 to 450 6) AG Gold (512289) (104.70): In near term it may touch 113 to 120 7) Timex (500414) (41.15): Near term it may touch 45 to 48 and 52 8) S Kumar (514304) (64.05): Near term it may touch 68 to 75 9) Usher Agro (532765) (109.10): Near term it may touch 117 to 126 10) HOCL (500449) (32.95): Near term it may touch 36 to 41.

8) Winsome Yarn (514348) (3.92): Near term, it may touch 5 to 7 9) Shri Bajarang Alloys (526981) (19.90): Near term, it may touch 25 to 30 10) Sturdy Ind (530611) (4.54): Near term, it may touch 7 to 9 11) Edelweiss (532922) (33.70): In short time it may touch 37 to 41 12) Arvind Remedis (531823) (2.36): In short time it may touch 3 to 5 13) SELMCL (532886) (17.40): In short time it may touch 21 to 25 14) Karuturi Global (531687) (12.22): In short time it may touch 15 to 18 15) Zyden Gentec (530091) (2.29): In short time it may touch 3 to 5.. 16) Kriti Nutrients (533210) (5.14): In short time it may touch 7 to 9.. 17) KFA (532747) (39.50): In short time it may touch 43 to 46.. 18) Kachchh Minerals (531778) (8.27): In short time it may touch 10 to 12... 19) FSL (532809) (18.50): In short time it may touch 20 to 23... 20) Rungta (530449) (42) : In short time it may touch 46 to 52. 21) Caprihans (509486) (65.25): In short time it may touch 70 to 77.. 22) Indus Fila (532821) (22): In short time it may touch 27 to 22 23) TFL (532812) (15.25): In short time it may touch 17 to 19.. 24) Kriti Ind (526423) (6.17): In short time it may touch 8 to 10... 25) Naga Ferti (500075) (32.05): In short time it may touch 34 to 36.. 26) Super Spining (521180) (8.26): In short time it may touch 12 to 15.. 27) SPSL (533110) (7): In short time it may touch 9 to 12

Hot Weekly Stock Futures:

THE ECONOMIC REVOLUTION SUSCRIBE FOR ENGLISH VERSION, GET GUJARATI VERSION FREE

20-06-2011 to 26-06-2011

Trend line Usage and confirmation of Breakout

A trend line break is considered to be one of the strongest trading signals. There are no one hundred percent sure signals on the capital market, so it is also very important to have other occurring circumstances in mind. Some factors may increase or decrease the importance of a signal: resistance, the price can make a return movement in the direction of a broken level. In general, after this event, increases and decreases in price level occur very fast again according to a previous signal. It is very often a very advantageous situation to open a position. techniques confirming the importance of signals should be applied.While drawing a line on historical data, such situations should be often ignored, and the line should go through previous and later highs and lows. On my chart, look at the 7:35 and 7:40 bars: lower highs and lower lows. So leading into those bars we have internal double top resistance in a previously strong downtrend, and those two bars define a failed breakout of the double top resistance. Good enough for me, Im drawing a TL across those key price reversal bars, so if the down trend resumes Ill use it a guide to where pullbacks in the downtrend are likely to find resistance and begin a new push down. An initial parallel channel line could be drawn right away, using the lows of the 7:20 and 7:25 bars because those bars had consecutive lower lows. This parallel line would only have to be adjusted slightly when price dipped slightly below it during the 7:55 bar. The parallel line I drew on my posted chart is across the low of that 7:55 bar after the initial early TL served as perfect pullback resistance during the 8:15 bar. So as metal made clear early in the thread, these lines are dynamic. They can get sloppy later on as volume dies off and smaller traders/ algos position ahead of each other and push a lot of head fakes. Once a trending move gets tired the pattern has become obvious, and it will deviate during both lower and higher volume periods. That s when adjustment is necessary. But its good to just play the pattern until it fails, because thereve been days when a trend line or a 20-period MA just keeps holding and holding and you think, I cant believe these trades just keep working. Trend followers are a tenacious bunch; the bots are programmed to take advantage of these levels, so us little retail traders can just keep tagging along profitably until the big boys all go to lunch and the volume dries up. I usually wait for some price confirmation, rather than using pure limit orders off trend/ channel lines. Confirmation is usually via a double/triple touch to S/R or lightly HL/LHs on a very small time frame. Many traders use tick charts for these precision entries around S/R levels.
98765432109876543210987654321 98765432109876543210987654321 98765432109876543210987654321 98765432109876543210987654321 98765432109876543210987654321 98765432109876543210987654321 98765432109876543210987654321 98765432109876543210987654321 98765432109876543210987654321 98765432109876543210987654321 98765432109876543210987654321 98765432109876543210987654321 98765432109876543210987654321 98765432109876543210987654321 98765432109876543210987654321 98765432109876543210987654321 98765432109876543210987654321 98765432109876543210987654321 98765432109876543210987654321 98765432109876543210987654321 98765432109876543210987654321 98765432109876543210987654321 98765432109876543210987654321 98765432109876543210987654321

ECONOMICREVOLUTION

THE THE

15

Sanjay Lad (Mumbai)

TIPSS BSE NSE

Web : www. stockacademy.co.in Mobil No. :

A.Sivakumar
M.Sc.,PGDCA
Mo. +91 09600488136 Email : tipssbsense_er@yahoo.in
http://www.tipssbsense.blogspot.com
I draw lines in the 5min and 1-min time frames I trade off of and I draw them as soon as I see potential. Yesterday, I got my platform going just before 7am PST and I immediately drew the lower TL you see on the chart I posted. The final bar of a strong price move can be used as a containment bar and an early channel line can be drawn off it and adjusted if needed when the next pivot high/low is put in. The last down bar of the down trending price swing on my chart occurred at 6:30 PST. So I could place a parallel channel line at the high of that containment bar (it had contained the price action at the point I got started). And that channel line then contained the upward price movement. If you waited until price broke the original containment bar and closed back below the 20 EMA and then placed the parallel line, it turns out to be positioned the same either way. Return movement during a few days after the trend line break or important support or A return movement doesnt always happen after the trend line break or extremism. At the same time, while waiting for this movement to take a position, it is very easy to overlook a very good opportunity to make some profit. A decision whether to open a position just after the signal appears or whether to wait for a return movement may depend on, for example, oscillators behavior. It is more possible that it appears on an overbought or an oversold market, and if oscillators remain in neutral zones, it may not appear.

09820920530

Nifty Sup. 5380

NIFTY VIEW Nifty has support at 53805200 & resistance at 5540. It is bearish with respect to weekly chart.

SOME STOCKS FOR SHORT SELLING

SCRIPT
CUMMINSIND DENA BK DLF DR REDDY GESHIP GSPL HDFC HINDOIL EXP ICICI BK M&M

Resis.
700 93 230 1590 288 100 650 190 1050 660

TGT
660 80 210 1400 265 90 580 170 960 580

SOME
SCRIPT
SBIN HINDALCO

STOCKS
Resis.
2190 167

FOR

BUYING
TGT
2350 200

Important of Trend line : Cautious on TRAP :

Small and short-term trend line breaks happen quite often and they are called penetration. Afterwards, the present tendency continues. It may very often occur, for example, during a session when a line breaks and the price rises beyond it again by the end of the day. In such situations, additional

SRS Ltd to launch Rs 225 cr IPO next ..... Cont. from Pg. 18
Services to manage the issue, which will be carried out through a book-building process. "By July-end, we will launch the offer," he added. Jindal said the proceeds from the IPO will be utilised to increase the number of cinema exhibition screens, retail stores, jewellery stores and food courts currently operated by SRS in North India. "We are adding 54 new cinema screens, 33 new food courts, 29 retail stores and 17 jewellery stores to our existing network," he said. At present, the company operates 23 SRS Value Bazaar retail stores, 15 food courts and 30 cinema screens in North India. "Our focus is to establish a strong presence across business verticals in tier-II and tier-III cities and towns across the country," Jindal said. The company also operates five jewellery retail and wholesale outlets and a jewellery manufacturing unit in Delhi. For the fiscal year ended March 31, 2011, the company's total turnover amounted to Rs 2,042 crore. Jindal said.

THE ECONOMIC REVOLUTION SUSCRIBE TODAY AND GET IN YOUR E MAIL EVERY SUNDAY NIGHT

20-06-2011 to 26-06-2011

ECONOMICREVOLUTION

THE THE

17

US WAITS FOR ECONOMIC REFORMS BY INDIA

Washington: President Barack Obama calls U.S. relations with India a defining partnership of the 21st century. But despite India's approval this week of a major defense deal, the U.S. still has a hard time doing business with the world's second most populous nation. In the nearly seven months since Obama pressed for stronger economic ties during a visit to India, U.S. firms have struck out in the bidding for an $11 billion jet fighter contract that the president had lobbied for. India has been slow to ease barriers to trade and investment that Washington seeks. It has barred imports of technology for a multibillion-dollar Indian g o ve r n m e nt- b a c ke d program to boost production of solar energy. The only notable move toward market opening was in reducing tariffs on sun-dried raisins, cranberry products and pistachios. India's Cabinet on Monday approved a $4 billion purchase of military transport planes from Boeing, said an Indian defense official who could not be identified because he was not authorized to discuss the subject. It is India's largest defense contract yet with a U.S. company, but even that approval was seen as overdue: Obama had announced the deal in his November visit. ``India can't give a full embrace to the United States,'' said Sanjay Puri, chairman of the U.S.India Political Action Committee, which lobbies in Congress on behalf of IndianAmericans. ``India is pursuing a policy based on the region it is in, who its neighbors are and what its economic interests are, and that will not always converge with U.S. policy.'' As the United States struggles to bounce back from the global economic crisis, Obama has promoted trade, particularly with the booming economies of Asia, as a way to create jobs at home. The United States also wants to expand American diplomatic and security ties across the continent, and sees India, the world's largest democracy, as a natural partner. India and the U.S. have come a long way since the Cold War, when nonaligned India tilted toward the Soviet Union and the United States often favored India's neighbor Pakistan. India and the United States now share common interests such as combating militant Islam and managing China's rise as a world power. People-to-people ties are strong, and two-way trade has grown to $46 billion from $25.6 billion five years ago. A 2008 civilian nuclear deal introduced by President George W. Bush allowed India access to technology from international suppliers it had been denied since it conducted its first nuclear explosion in 1974. Winning Indian confidence further, Obama has declared support for its ambition to sit as a permanent member on the U.N. Security Council. Yet the diplomatic capital invested has been slow to yield dividends. U.S. suppliers have been unable to capitalize on the nuclear deal, as an Indian liability law virtually excludes firms that cannot count on their home governments to insure them in case of a nuclear accident. And reforms that would improve U.S. access to other sectors of the Indian economy, including agriculture and retail, remain politically unpalatable in India because of the impact they could have on the poor. While ties have strengthened, the two nations still have differences on crucial international issues, such as opposing stances in negotiations on trade and climate change and on sanctions against Iran. India also eyed U.S. military aid to Pakistan with suspicion, believing arms intended for the fight against Taliban and al-Qaida have been diverted to strengthen Pakistani forces on the Indian border. India's failure to select U.S. firms Boeing and Lockheed Martin for the purchase of 126 fighter jets - a decision unceremoniously conveyed in a letter to the U.S. defense attache in New Delhi - was a sobering reminder of the limits of U.S. diplomacy. The U.S. said it was puzzled and disappointed, describing it as a missed opportunity to deepen defense ties and share advanced technology. Ashley Tellis, an India expert at the Carnegie Endowment for International Peace think tank, said as India's military narrowed down applicants for the contract, it opted for European planes because they had a more advanced design. Factors such as costeffectiveness and reliability on which the U.S. contenders would have fared better would be assessed only at the next stage of the bidding. To have given America the deal for strategic reasons would have left Prime Minister Manmohan Singh's government, already hit by corruption scandals, open to accusations of rigging the bidding, he said. ``People drew the conclusion that because the U.S. exerted so much energy in consummating the civilian nuclear agreement, it opened up the path to getting the fighter deal,'' said Tellis. ``The process did not allow for that kind of quid pro quo.'' India still holds promise for U.S. defense companies. The deal for 10 Boeing Co. C-17 transport planes brings to more than $8.5 billion the defense contracts sealed by American firms in India. That compares with about $300 million a decade ago, according to the U.S.-India Business Council. In all, India plans an estimated $45 billion in military procurements over the next five years as it overhauls its largely Soviet-sourced inventory. U.S. firms are well-placed for another $8 billion in contracts that are in the pipeline, the council says. Ron Somers, the council's president, oozes optimism about business opportunities in India. He is confident India will honor its commitment to ratify by November a convention that could help smooth the way for U.S. companies to supply the civilian nuclear sector. He also expects the overall pace of economic reform to pick up after recent state elections in which Singh's ruling coalition fared well. The U.S. wish list for easing trade and investment barriers is long. It includes insurance, education and agricultural products. Somewhere near the top is multi-brand retail. Currently, firms like WalMart are can only run wholesale outlets. The restrictions on imports of solar-power technology, however, which that came into force in April, drew U.S. criticism and have raised questions about whether India is opening its doors to foreign businesses or closing them a little. Tellis said the ruling Congress Party is still politically fragile, so the Indian government could yet be ``reluctant to move with the alacrity on economic reform that many here hope for.'

Birla Pacific Medspa Ltd. IPO Will Hit the Market on June 20
Birla Pacific Medspa Industries, an India based healthcare provider, launch an Initial Public Offering (IPO) of Rs 65.175 crore. Subscription to this issue will be open from June 20 to June 23. Birla Pacific Medspa Ltd IPO Details: Issue Type: IPO Issue Size: Equity Shares of Rs. 10 Issue Size: Rs. 651750000 Crore Face Value: Rs. 10 Per Equity Share Listing At: BSE Sole Book Running Lead Manager: Arihant Capital Markets Registrar of the Issue: Adroit Corporate Services private Limited. The objects of the issue are: 1. To meet the capital expenditure towards establishing 55 outlets of Evolve Medspa across various cities and places. 2. To meet expenses towards brand promotion. 3. To meet the working capital requirements for running the centers. 4. To meet Issue related expenses. 5. To enlist the Company's Shares on Bombay Stock Exchange Limited (BSE). If you wish to subscribe to this issue, a demat account is mandatory. Basic documentation required to open demat account includes a PAN card, residence proof and ID proof. For further details on demat account opening, visit www.stockexchange9.in. About Company: Trade on Stock Exchanges in India with best offers for BSE Trading and NSE Trading. Understand Online Stock Trading, NSE Trading, BSE Trading and other details of Stock Exchange Market and get equipped to trade on them. The site will helps you open demat account with the best broker and avail best brokerage deals. http://

IPO tap dries up as investors........

which plans to tap the market this year, may do well due to a new business concept. Micromax is a low-cost handset maker operating in India since 2008. IPOs of private sector companies will see very selective activity, partly because of the market and partly because of the Indian political and economic situation, said Sanjay Sharma, managing director and head of equity capital markets at Deutsche Equities India. Among the top private business houses, Tata Group is set to announce the IPO of Tata Auto Comp Systems next month and L&T Finance is also in the queue, say sources. Among public sector companies, while ONGC has tentatively scheduled its follow-on public offer for next month, SAIL has postponed it indefinitely. Things are no better globally. Australian mining start-up Resourcehouse pulled back a $3.6-billion

Cont. from Pg. 18

IPO in Hong Kong last week, citing market conditions. Nanning Baling Technology became the first company in the 20-year history of the Chinese stock market to scrap an IPO on lacklustre demand. And Samsonite had to lower the price band for its Hong Kong IPO. Players are closely watching the IPO pricing of Italian fashion house Prada, which will be announced by the end of this month.

THE ECONOMIC REVOLUTION

SUBSCRIBE TER, A MULTY ANALYST WEEKLY TO GET SUNDAY MIDNIGHT, SUBSCRIPTION IS ONLY RS. 1000 PER YEAR

20-06-2011 to 26-06-2011

ECONOMICREVOLUTION

THE THE

19

STAY AWAY FROM THIS ISSUE

RUSHIL DECOR LTD IPO Incorporated in 1993, Rushil Decor Ltd, a flagship company of the Rushil Group is a leading Indian manufacturer of decorative high pressure laminates and plain particle boards. They operate in India and internationally with brand names of Vir laminate and Rushil decor premium laminate. They have four manufacturers of particle board products and decora1. Decorative Laminate Sheets 2. Industry laminate Sheets 3. Rushil Kitchen Door 4. Plain Particle Boards RISK FACTORE 1. IPO grade 2 by ICRA. 2. The company had negative cash flow, in the last 5 years. 3. The object clause of the company permits the promoter group companies to under take busiIssue Open: Jun 20, 2011 to Jun 23, 2011 nesses similar to Issue Type: Book built issue RDL, which will Issue Size : 5,643,750 cause conflict of inRs. 35.56 - 40.64 Crore terest. Face value of the share: Rs.10 4. Company faces Offer price : Rs. 63 - Rs. 72 Per Equity Share stiff competition Minimum Shares : 90 from organized playManimum Subscription : ---Rs.6,480 ers. Miximum Shares : 2700 5. There is audit Maximum Subscription : Rs. 1,94,400 qualification on Promoter : 1. Mr. Ghanshyambhai Ambalal Thakkar, maintenance of work 2. Mr. Krupesh Ghanshyambhai Thakkar, in process. 6. High working Registered Office : capital intensive S.No. 125, Near Kalyanpura Patia, unit. 7. Phenol, Gandhinagar Mansa Road, Village Ilta, Methanol and Tal: Kalol, District: Melamine, are some Gandhinagar 382845 Gujarat of the raw material used by the comPhone: + 91 2764287487 pany, which are Fax: + 91 2764287700 petrol based prodEmail: ipo@rushil.com ucts, any variation in price may affect Website: http://www.rushil.com profitability. Registrar VALUATION Bigshare Services Pvt Ltd E-2 & 3, AND RECOMMENDATIONS Ansa Industrial Estate, Saki-Vihar Road, For FY10 the comSakinaka, Andheri(E), Mumbai - 400 072 pany earned a PAT of Phone: 91-22-40430200 Rs 3.51cr, on the total revenue of Rs Fax: 91-22-2847 5207 99.80cr. For the 9 Email: fclipo@bigshareonline.com months period ended Website: http://www.bigshareonline.com 31-12-10, the figures Lead Managers: are Rs 3.76cr and Rs 1. Corporate Strategic Allianz Ltd 87.67cr respectively. 2. Indbank Merchant Banking Services Limited The annualized EPS, on post issue capital Listing : BSE, NSE of Rs 14.40cr, is less than Rs 4, which makes the IPO unattractive. The project is likely to be completed in ICRA has assigned an IPO Grade 2 to Rushil Decor IPO. This means as per ICRA, company has Oct 2011. The full impact 'Below Average Fundamentals'. ICRA assigns IPO of sales and profitability of the expansion can be seen grading on a scale of 5 to 1, with Grade 5 indicatonly in FY13. Because of ing strong fundamentals and Grade 1 indicating availment of loans for the poor fundamentals expansion, the company's debt gearing is high at 2.73 times its net worth. This The objects of the Issue are: will have a bearing on the 1. Setting up of Medium Density Fibre Board future profitability. (MDF) plant at Plot No. 58 & 59, Amble Industrial There is execution risk, Area, Taluka and District: Chikmagalur, Karnataka; going by the company's 2. Margin for Working Capital Requirement; limited track record in the 3. Public Issue Expenses; 4. General Corporate Purpose. segment and the size of tive laminated products in Gujarat state. Vir Laminate is the largest seller of Laminated sheets and Particle Board in India. RDL has an installed capacity of 30 lakh sheets per annum as on date. The company has state-of-art manufacturing facilities with a network of branches, distributors and dealers across India. Company offers comprehensive engineered interior products which include:

I P O I P O
Adani Enterprises Ltd., Indias biggest coal importer, may sell shares in a unit that holds mining rights in the Asia-Pacific region to international investors and use the proceeds to add energy assets.The Ahmedabad, India-based company may sell a stake of as much as 20 percent in Adani Mining Ltd. in an initial public offering in London within the next two years, said Gautam Adani, billionaire chairman of Adani Enterprises. The Adani group wants to tap overseas investors keen to benefit from rising power demand in India, the worlds fastestgrowing major economy after China. Adani is buying coal mines to help feed the companys $20 billion push to increase power generating capacity 10-fold in the South Asian nation. The company has mining rights in Australia, Indonesia and India. An overseas listing will improve the companys capability to raise funds for further fueling acquisitions, Adani, 48, said in an interview in Mumbai yesterday. India will remain energy hungry for the next 50 years. Adani declined to comment on the amount the company plans to raise. Yanzhou Coal Mining Co., Chinas fourth-largest producer, may raise more than A$1 billion in an initial share sale for at least a third of its Australian unit by the end of the year, Ian McAleese, investor relations manager of Brisbanebased Yancoal Australia Ltd., said in an e-mailed response on May 24. Favorite Stock There in an appetite to invest in resource companies but that appetite may not be there if we get more bad economic news from Europe or North America or a slowdown in China, David Brennan, an analyst at Daiwa Capital Markets in Melbourne, said by

the expansion, compared from the IPO. One can take to current scale of opera- a call on the stock post listing. tions. In view of the above investors advised to stay away

BILLIONAIRE ADANI MAY SELL COAL ASSET STAKE IN LONDON IPO

phone today. I would say sooner than later would be better. Adani Enterprises fell 0.4 percent to 635.9 rupees at the 3:30 p.m. close in Mumbai. The shares have gained 19 percent in the past year compared with a 12.3 percent increase in the benchmark Sensitive Index. Adani Enterprises is among Morgan Stanleys favorite stocks that can potentially double in three years, analysts led by India Managing Director Ridham Desai said in a report yesterday. Adani, who dropped out from school after finishing his 10th grade, is Indias sixth-richest man with $10 billion of assets, according to Forbes magazine. Blackouts The Adani groups generating unit Adani Power Ltd. expects to produce 20,000 megawatts of electricity by 2020, up from 2,000 megawatts. Prime Minister Manmohan Singh aims to add 120,000 megawatts of power by 2017 to reduce blackouts and plug a deficit of 10.5 percent during peak hours that threatens to scuttle economic development. The group is also planning to sell bonds overseas to help fund its investments, Adani said. Adani Enterprises plans to invest $4 billion to boost output at its Australian mine to 60 million metric tons by 2019 after production starts in 2014, he said. Coal reserves at the mine purchased from Linc Energy Ltd. may be at around 10 billion tons, said Adani. The company purchased the asset from Linc Energy for A$3 billion, including royalty payments over 20 years. Coal Transport The company will need to make a lot of investments to integrate mining and logistics to produce lowcost electricity in India, said Alex Mathews, head of research at Geojit BNP Paribas Financial Services Ltd. Still, buying coal assets is a good strategy in the long term, he said. To ship the coal from its Australian mine, Adani Enterprises port unit today paid A$1.83 billion ($2 billion) to operate the Abbot Point terminal in the nations Queensland state. The company in October said it has won rights to mine as much as 110 million tons of coal in India. Adani Mining has identified 140 million tons of coal mine reserves in East Kalimantan in Indonesia, according to its website. The company is also exploring more options in Australia and South Africa, according to the website. Adanis group is targeting to produce 200 million tons of coal a year by 2020, while its port business may process 200 million tons of cargo in the same period. Oil & Gas The company is also looking to acquire oil and gas assets overseas, Adani said. Adani Welspun Exploration Ltd., a venture with Welspun Gujarat Stahl Rohren Ltd., has found energy in India, Adani said without giving details. To meet its targets, the Adani group expects to almost triple the number of employees to 25,000 by 2020, which will include 5,000 workers in Australia by 2014, Adani, who started his business in 1988, said. Demand for coal from power and steel producers has spurred companies to seek energy assets worldwide, with deals worth $43 billion announced in the past year, according to data compiled by Bloomberg. India competes with China to secure supplies of coal, which is used for more than half the South Asian nations electricity generation capacity. Indias coal deficit may triple over the next five to seven years, a local unit of Moodys Investors Service said in a report in February.

RUSHIL DECOR LTD IPO

CREDIT RATING GRADE

OBJECTS OF THE ISSUE:

THE ECONOMIC REVOLUTION VISIT : www.theeconomicrevolution.com for latest infromation

20

RBI policy, Global weakness & Political instability will hit market nervousness
Dear investor, Indian equity market finished the depressing week with a massive fall of over 2% in key indices as fresh monetary tightening by the RBI and a fragile global situation continued to keep potential investors at bay. The fall was also led by weak economic data points, or 1.38% to 8,174.49 during the week. All sectoral indices ended the week on negative note except for BSE Power. Top losers were BSE Oil & gas (4.80%) followed by IT (4.51%), Teck (3.14%), Metal (3%). However, BSE Power gained 0.26%. of cheaper pulses and vegetables. Food inflation, as measured by the Wholesale Price Index (WPI), stood at 9.01% in the previous week, while it was over 21% in the first week of June last year. In coming week, there are no major market moving events. Thus, markets may move in line with global cues. By and large global equity sentiment has turned negative since May due to increasing evidence of rising inflation and moderating economic growth in the US and China. We expect markets to consolidate at these levels. Valuations are now reasonable and very much building in a slowdown in corporate profits. We continue to favour IT, private banks, media and FMCG sector. Given the interest rate sensitivity, we remain selective in auto. There are near-term concerns for the Capital Goods/ infrastructure sector, but over a longer timeframe, we remain positive on the sector. We remain negative on the cement sector. The markets remain nervous amid bleak prospects for the global economy in the face of the lingering worries linked to Greece and the eurozone. I recommended some stock for coming week. Investor trade in Future or cash but if traders not so level otherwise exit in trade & wait & watch or Call me for more information. week his result. The Board of Directors of the Company at its meeting held on May 28, 2011 have recommended a normal annual dividend of Rs. 6 per equity share of Rs. 5 each fully paid up and a special dividend of Rs. 2 per equity share of Rs. 5 each fully paid up. Buy this stock for Stop loss of 640-635 for target of 660-680.

ECONOMICREVOLUTION

THE THE

20-06-2011

to 26-06-2011

C e r a Sanitaryware Ltd. Close (206)

This company announce dividend per equity share & Board approval for this dividend on 13 June, 2011. In this stock 200 major support & Stop loss for this stock 198 for target of 215-230

Biocon Future Close (360.75)

In coming week this company Board meting on 21 st June, 2011. Company decides to give Dividend. Buy this stock with stop loss of 355-351 for target of 380-400.

Torrent Pharma Close (644)

In this Company has already declared last

Last some month listed this stock very good performance. Last week this stock up 12 % & close this level. Now this stock I recommended to buy with stop loss of 415 for target of 460-480.

Timken India Lovable Lingerie Ltd. Ltd. Close (429) Close (236)
Buy this stock with stop loss of 228 for target of 247-260. In this stock some operator big position & this stock near his 52 week high. So keep stop loss & Buy this stock for long.

and fresh concerns on Greece. The benchmark 30-share index, Sensex plunged 398 points or 2.18% to 17,870.53 during the week ended June 17. On the other hand, the broad based NSE Nifty shed 119.4 points or 2.18% to 5,366.4 in the same period. Mid-cap index declined sharply by 83.49 points, or 1.21% to 6,814.79 during the week. Meanwhile, Smallcap index dropped 114

Macro Economic Indicators The Reserve Bank of India (RBI) in its midquarter review of monetary policy raised the interest rates for tenth time since start of 2010, in an effort to tame inflation monster. It hiked repo and reverse repo rate by 25 bps each to 7.50% and 6.50% respectively. Food inflation went down marginally to 8.96% for the week ended June 4 on the back

IPO tap dries up as investors remain cool, market dull

For first time this year, no new issues lined up this month; market conditions unlikely to improve soon. The dull overall scenario in the stock market seems to have hit the initial public offers (IPOs). In a first this year, there are no IPOs lined up for this month. This, in addition to delays in the highprofile offering of public sector units like Steel Authority of India (SAIL), means that investors will have to wait for some more time for new public offers. Markets experts feel things wont improve too soon. The activity in the IPO market will be dull for the next couple of months, too. Companies will find it difficult to raise money in sectors where already there are listed stocks available, said Mehul Savla, managing director at Mumbai-based investment bank Ripple Wave Capital. In 2010, 29 companies raised Rs 9,700 crore. In the first six months, 18 IPOs have taken place and raised a little over Rs 3,000 crore. And while the number of companies getting listed does not seem to have fallen, the losses incurred in IPO listing, barring the Coal India issue, seem to have turned off investors. Poor pricing and delivered positive returns versus negative returns, investors seem to have lost. In fact, these stocks have performed worse than the broader markets as well. The secondary market sentiment is poor, with benchmark stock prices stuck in a range. Generally, large institutions would invest in IPOs by pulling out some money from the secondar y m a r k e t s . However, this is not possible as stocks are already at a very low price and still there is no demand, said Kishor Ostwal, managing director of Mumbai-based CNI Global Research. Market players say, going forward, a few with new business concepts may see some activity while investors will largely avoid the rest, unless these are offered at a substantial discount. Savla says companies like Micromax Mobile,
Continue on .......17

SRS Ltd to launch Rs 225 cr IPO next month

Faridabad-based SRS Ltd, which has interests in cinema exhibition, retail and food courts, said it will launch an initial public offer to raise up to Rs 225 crore by next month. The company will issue around 3.5 crore equity shares under the IPO, through which the promoters will dilute a 25.13 per cent stake. The proceeds of the public issue will be utilised to fund expansion plans. "We have already Securities and Exchange Board of India and stock exchanges. With the IPO, we wish to raise Rs 225 crore to fund expansion across b u s i n e s s segments," SRS Ltd Chairman and M a n a g i n g Director Anil Jindal told PTI. The company has roped in SPA M e r c h a n t Bankers, IDBI Capital Markets and Karvy Investor
Continue on .......15

received regulatory approvals from the

negative returns in some of the recent IPOs have driven away retail investors, say stock brokers. Wealth erosion has been high for small investors, as nearly 70 per cent of the 51 IPOs launched during the financial year 2010-2011 are quoting below their offer price. The overall loss to investors is in excess of Rs 3,000 crore, excluding the gains from Coal India. Even if one looks at the number of IPOs that

THE ECONOMIC REVOLUTION

THE TREASURY OF GOOD ANALYST THE ECONOMIC REVOLUTION