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• Vol.

4 • Issue : 15 • Date : 06-06-2011 to 12-06-2011 • Editor : Narendra Joshi • Mobile:9825065387• Land line 079 27451449 •
•• Address : 115/991, Nirmal Apartment, Telephone Exchange Road, Naranpura, Ahmedabad -380013 • Phone : 27451449 ••

Major factors to DOWN trend Market thought


watch: Diesel price
hike and South West
3 started from 5600
for target 4100
9 inflation 17
Monsoon… assumed

Buy & Sell Nift


Niftyy Sutra Point Blank
MARKET GIVES UP TEXTILE, Paints and Watches sectors Weekl
eeklyy R
Reeview ffor
view or the Week
will get astrological suppor
supportt
WEEKLY GAINS Weekly Stock in Sagittarius. . Ketu in J une 6th to 10th 2011
Market Prediction Gemini. Saturn in Nifty: (5517) due to selling pressure
04/06/2011. timeframe trends were 6 th June – Virgo. Neptune in Sensex: (18376) and found resistance
W E E K E N D not in unison. Only
3.6.11 around 5600 regions to
VOLATILITY. short term trend had
We said ‘Technically close positive but flat...
The market went up
as there was a bullish
turned up and the
medium term and long
ASTROLOGY & the bar generated for Technically the bar
Takuri Line formation in term trend were still
STOCK MARKET
WEEKLY REVIEW
SATISH GUPTA
http://www.astrostocktips.in
e PRAKASH
mail:astrostocktips@rediffmail.com
09811738366
MOBILE :
- 09810018438
GABA
Tel : 093222-10907
10 th June 2011 Aquarius. Lord Rahu & CFT, MSTA (Londen)
both the indices, last down. As a result the Weekly planetary Ketu Dev will shift to A professional Technical Analyst and a Trader based in
week. But the indices medium and long term Bombay & Runs his own
position: During the Scorpio & Taurus on consultancy http:// www.prakashgaba.com
were not able to sustain trends tried and impose week, Moon wi ll be the afternoon of 6 th Email:prakashgaba@hotmail.com
at higher levels and themselves on the transiting in Cancer, June 2011.
gave up a major part of short term trend and Leo & Virgo. Sun, B E the week is suggestive of generated for the week is
the gains on Friday. The that explains the Mercury & Venus in CAUTIOUS: Planet a possible up move or a suggestive of a flat
volatility witnessed at volatility witnessed by Taurus. Mars & Jupiter RAHU & KETU will be limited downside market ahead and can be
higher levels was Continue on ......7 in Aries. Rahu & Pluto changing the house bar…and if the up move considered up as long as

MERIT STOCK
because the different from 6th June 2011. happens then the next 5450 holds but the
They stay in one house logical technical target market certainly cannot
for 18 months. They could be 5564-5637 in be considered as up until
are signaficators for days to come’ it takes out 5600 with
speculation & trading The market unfolded force. From a trading point
in Stock Market. Many
Nif ty - Bes
Nifty Bestt Of
Offfer Fir
Fir st time f
irs or Big and small tr
for ader
trader s...
aders... as expected climbed up of view I would trade long as
Continue on ......10 but could not sustain long as 5450 holds.
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06-06-2011 to 12-06-2011 THE
ECONOMICREVOLUTION 3

Major factors to watch: Diesel price hike and South West


Monsoon… Range bound move expected - Diesel Price
Hike will pull down - Monsoon will suppor t…
F ireworks for the Monsoon must meet if they do so – that will review… On 16-June take place, if Nifty week…
week 06 th JUNE 2011 – the expected level, any give a bad hit to RBI may increase Spot maintains below SENSEX 18376
10 th JUNE 2011 interest rates to a 5459 levels… Now we
MARKET OUTLOOK significant level, if can expect this TECHNICAL VIEW
FOR THE WEEK current inflation pullback to continue, (Week 06.06.11 –
Major factors to BUY & SELL numbers not comes only if Nifty Spot able 10.06.11):
watch: Diesel price down… So be to hold above 5517 This week 18540 &
hike and South West cautious… levels… On lower side
Monsoon… Range
bound move expected
Ramesh Chandra Technically Further
crash in market will
we may see 5334-5271
levels in coming
18275 will act as “KEY
LEVELS” – if it
– Diesel Price Hike will Mo. 098940 43090 Continue on ......8
pull down – Monsoon CONTACT US FOR STOCK
will support… MARKET RECOMMENDATIONS WEEKLY TRADING PICKS
As we warned,
market had witnessed E-Mail: buysell_india@yahoo.com, (06th JUN - 10th JUN 2011)
selling pressure again buysell_stocktips@yahoo.com
on higher levels… Last
week pullback is SCRIP CLOSE SUPPORTS RESIST
mainly driven by failure or lesser than markets (which wi ll
global cues and by FII’s expected rains wi ll take inflation rate to ANCES
buying… dampen market peaks again)… So use
AMBUJACEM 142 140,139 145,150
Now southwest sentiment again… any rally book long
monsoon also started The major factor positions in relief rally AXISBANK 1243 1233,1220 1266,1287
with a positive sign that to determine and sit with cash …
that boosted investor market move is based Also we must watch BHARTI 378 376,371 387,392
sentiment – by which on Diesel price hike… GDP data on 31-May,
food inflation may EGoM to meet on 09- by which we can get CIPLA 324 321,318 334,343
come down June to make decision some clues on DIVIS 772 768,753 795,806
substantially… on diesel price hike – upcoming RBI’s policy
DLF 234 231,226 244,249
DELIVERY PICKS: HDFC 660 658,645 683,698
HINDALCO 189 185,182 198,207
SUBEX CMP Rs.63 HPCL 377 374,371 387,392
Accumulate SUBEX on dips with consideration of ICICIBANK 1048 1045,1040 1068,1085
Rs.59 as major support and Rs.56 as stop loss
for our short term target of Rs.72-77 and more… INFOSYSTCH 2813 2804,2787 2859,2888
Long term investors consider Rs.56 as support ITC 193 191,188 198,203
and use dips to accumulate only…
JSWSTEEL 938 924,915 963,990
TINPLATE CMP Rs.61.80 LIC 229 225,222 236,243
Take a small risk with buying TINPLATE around MARUTI 1233 1220,1203 1265,1284
Rs.60-61 levels with a closing basis stop loss at ONGC 280 277,274 288,293
Rs.56 for our 2-3 weeks target of Rs.72-75…
RELCAPITAL 524 504,483 549,582
RELIANCE 936 927,918 954,969
Follow-up : SAIL 145 144,141 151,154
Follow-up 1: SBIN 2313 2301,2286 2358,2395
Our last week recommendation made SESAGOA 288 284,279 297,306
on MARG at Rs.92 made high of Rs.99 STER 167 165,164 174,177
in this week…
TATAMOTORS 1026 1008,987 1077,1108

Follow-up 2: TATAPOWER 1248 1239,1224 1266,1283


Our last week recommendation made on TATASTEEL 573 568,563 585,600
MICROTECH at Rs.129 made high of TCS 1153 1143,1126 1180,1215
Rs.140 in this week… WIPRO 442 440,435 451,456

SUBSCRIBE TER, A MULTY ANALYST WEEKLY TO GET SUNDAY MIDNIGHT,


THE ECONOMIC REVOLUTION SUBSCRIPTION IS ONLY RS. 1000 PER YEAR
06-06-2011 to 12-06-2011 THE
ECONOMICREVOLUTION
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5
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GDP to grow by up to
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SENSEX SUPPORT 18211 /17823
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9.5% annually over next


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RESISTANCE 18467 /18912
few years: Moody’s
1234567890123456789012345678901212345678901234567890123456789012123456789012345678901234567 SENSEX ---- traders and investors. the information in this
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1234567890123456789012345678901212345678901234567890123456789012123456789012345678901234567 ( S U P P O R T- - 1 8 2 3 1 / Traders can sell cash and column are solely
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1234567890123456789012345678901212345678901234567890123456789012123456789012345678901234567 17857----RESISTANCE-- future. Target and Stop responsible for their
Financial service firm India’s real GDP in the cent during the quarter 18487/18741) loss only for Clients. actions and profit or loss.
Moody’s today said three months to March ended March, the Technically sensex SHORT TERM It is only the outlook of the
India’s growth prospects was not entirely slowest pace of growth looking sideways for TRADING CALL markets and stocks with
over the next few years unexpected... The in the last five quarters coming days. The next STRONG TECHNICAL reference to its previous
major Resistance level of BREAKOUT -- KEEP performance. You are
remain robust and the economy is still carrying mainly on account of
sensex is 18741. Target STOPLOSS ALSO advised to take your
strong poor performance of the
growth manufacturing sector. and Stop loss for clients
momentum It had registered a only.
i n t o growth of 9.4 per cent in NIFTY ---- (SUPPORT-
- 5 4 6 8/5 3 4 5 - - - -
TRADE WITH
2 0 1 1 the corresponding
a n d
should
quarter of the previous
fiscal and by 8.3 per cent
R E S I S TA N C E - - 5 5 8 9 /
5688) TEH TREND
grow in in the third quarter of Technically Nifty is
a range
of 8.5-
2010-11.
Overall, the economic
also looking sideways for
coming days. The next ABHISHEK JAIN
9.5 per growth during 2010-11 major Strong Resistance
c e n t was 8.5 per cent, a tad in the nifty is above 5688
Mo. 098260 41144
over the below the government’s mark. Nifty future Target E-Mail:
n e x t forecast of 8.6 per cent, and Stop loss for clients
only.
investment_guru1@yahoo.com
f e w but well above 8 per cent
economy is expected to years, in line with its registered in 2009-10. TATA CHEMICALS www.stocksidea.com
expand by 8.5-9.5 per recent trend, it said in a In the pre-Budget LIMITED (SUPPORT--323-
cent annually despite the ---RESISTANCE--421)---- BUY----- position with your sense
slowdown during the BUY ( BSE CODE--531582) and judgment and with
January- March quarter Stock looking strong BERYL SECURITIES strict stoploss. we send
of last fiscal. Technically. Indicators LIMITED our Articles to different
Terming inflation as showing good up move Disclaimer: news providers and we
for next few days. These calls are based dont gurantee of accurate
the biggest challenge
Traders can Buy cash and on the technical analysis printing of the article,
before the Indian
future for short term. and personal there maybe misprinting
economy, Moody’s said and misreporting in the
the Reserve Bank should Target and Stop loss only observations and are not
recommendations to any article. Stock market is
focus on controlling the for Clients.
person to buy or sell any highly unpredictable and
price rise and added that GRASIM LIMITED demand and supply
maintaining the balance ( S U P P O R T- - 2 1 5 4 - - - securities. We dont
consider fundamental affects it. And author
between growth and RESISTNCE--2367)---- won't be liable or
SELL values of any scrip in this
inflation would a test for report. survey, the government responsible for any legal
Stock is looking great newsletter. Readers of
policymakers. The country’s this column who buy or or financial losses made
The slowdown in economy grew by 7.8 per Continue on ......8 to sell for short term by anyone.
sell securities based on

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THE ECONOMIC REVOLUTION


06-06-2011 to 12-06-2011 THE
ECONOMICREVOLUTION 7
Lion’s Roar Cont. from Pg. 1
the end of last week. moving upwards, short term trend has convergence of 50% of the 20dma (Sensex – Highest Call writing is
T E C H N I C A L LY between 18072-18087. turned positive while the entire fall, trendline 18295 and Nifty – 5483) seen at the strike of
SPEAKING. This gap is expected to the medium term and resistance and 200dma. has negated the Sell 5800. This suggests that
The Sensex opened provide support in case the long term trends Thus Sensex 19181- signal generated by the the market is likely to
the week at 18319 of a fall. continue to remain 19279 and Nifty 5757- Bollinger Band. Money move in a range of
made a high of 18672, One can still down. As the medium 5794 forms a second Flow (53) continues 5400 to 5800.
a low of 18199 and consider the market to term and the long term resistance zone. The Trendline
closed the week at be in a pull-back mode averages are above the The market WATCH OUT FOR Resistance for
18376. The Sensex as long as the low of current market price, completed a small the Sensex is at
Bearish Head & above 50 suggesting 19279. The Trendline
Shoulders and the that money has flowed Support is at 17855.
INDEX LEVELS : target for which is in the market at lower The Trendline

S3 S2 S1 CLOSE R1 R2 R3
Nifty 5310 5373 5443 5516 5605 5698 5801
Sensex 17712 17926 18160 18376 18690 19003 19340

gained 110 points on a 17786 for the Sensex they will act as
weekly basis. Similarly and 5328 for the Nifty resistances.
Nifty opened the week is not violated. We have There exists a strong
at 5493, made a high of to consider a pull-back support line in the
5604, a low of 5458 and of the fall from 19811- form of demand
closed the week at 17786 for the Sensex trend line at Sensex
5516. The Nifty closed and 5944-5328 for the 17855 and Nifty 5342.

LAST WEEK’S RECOMMENDATIONS


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STOCK
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Buy BemL 650 671 663 250 Rs.3,250
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Buy EKC 85 89 92 2000 1234567890123
Rs.14,000
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Buy ABGShip 372 385 388 1000 Rs.16,000
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Buy JsWSteel 937 968 982 250 1234567890123
Rs.11,250
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Buy Havells 396 422 424 500 Rs.14,000
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Total Rs.58,500 1234567890123
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with a gain of 40 points Nifty. The pull-back This is a very critical Sensex 16573 and Nifty levels. OBV has started Resistance for the Nifty
on a weekly basis. levels are placed at support line and the 4964. The target for this moving higher but is yet is at 5794. The
Market required a 1 8 5 6 0 - 1 879 9 - 1 9 0 3 8 market has been Bearish Head and to signal a Buy. Trendline Support is at
bullish white candle to for the Sensex and respecting it for the Shoulders will remain Stochastic oscillator has
be formed last week 5563-5636-5709 for past 18months. The
and was on course for the Nifty. If we consider market tested this
doing that. But the fall the entire fall from trendline two weeks
on Friday made sure 21108 to 17295 for the back and managed a
that the market made a Sensex and 6318 to bounce-back from this
neutral white body 5177 for the Nifty then trendline. A breach of
THIS WEEK’S RECOMMENDATIONS :

STOCK CMP SL Tgt-1 Tgt-2


Buy Glaxo 2394 2370 2434 2475
Buy MRPL 76 74 79 83
Buy IndusInd 267 262 275 283
Buy GMDC 146 143 151 157
Buy IndoTech 159 155 167 176
Spinning Top formation the pull-back levels are this support line will
on the weekly charts. 18751-19202-19651 for confirm a Bearish Head
The bearish aspect is the Sensex and 5621- and Shoulders Reversal
the long upper shadow, 5758-5895 for the Nifty. pattern. This will be
which signifies selling at The market is well herald a strong bear
higher levels. On the below the long term onslaught.
daily charts, both average i.e. 200dma On the higher side
Sensex and Nifty (Sensex – 19181 and the 50% pull-back level intact as long as the given a Sell signal as %K 5342.
completed a Bearish Nifty – 5757) and of the immediate fall, market remains below has cut %D from above. For the week ahead,
Engulfing pattern on medium term average 38.2% of the entire fall, Sensex 18724 and Nifty The Directional Sensex will find
Friday. Thus the very of 50dma (Sensex – and 50dma all converge 5605. Indicators have given a Support at 18160-
short term time frame 18817 and Nifty – and are placed nearby, MACD even though Buy signal as +DI has cut 17926-17712 and will
has turned negative. 5645). But the market thus forming first in negative territory, –DI from below. find Resistance at
Only a close above the has closed and resistance zone i.e. has given a Buy signal. Nifty O.I. PCR is 18690-19003-19340.
weekly high will negate managed to stay above from Sensex 18751- ROC is positive and reasonably placed at For the week ahead,
the effect of Bearish the short term average 18817 and Nifty 5621- hence in Buy mode. RSI 1.35. Highest Open Nifty will find Support
Engulfing. of 20dma (Sensex – 5645. Above this, there has just fallen below 50 Interest build-up is at 5443-5373-5310 and
Sensex made a 18295 and Nifty – is a second resistance and is at 48, giving a Sell seen at 5400 Put will find Resistance at
Rising Gap while 5483). As a result, the zone formed by the signal. A close above followed by 5000 Put. 5605-5698-5801.

THE ECONOMIC REVOLUTION SUSCRIBE FOR ENGLISH VERSION, GET GUJARATI VERSION FREE
06-06-2011 to 12-06-2011 THE
ECONOMICREVOLUTION 9

DOWN trend started from


5600 for target 4100
Nifty - weekly close 5517 Monday, Tuesday and rally due to mutual funds

INFLATION
(5476) – After flat close on Wednesday had a month end buying to boost NAV. Selling
DATA again started on Thursday and
NIFTY SUTRA continued on Friday. Week
closes above trend point 5480
WILL BE WATCHED DINESH ARVIN
with gain of 40 point. As per
our One two ka four %

CAREFULLY
formula with 5600 high,
PAWAR (THAKUR) midterm UP trend stoploss is
M. NO. 09822050949 5490, long term UP trend
BSE Sensex (18376.48) and Nifty (5516.75) closed down stoploss is at 5380 and with
.0.6% and 0.7% respectively last week.Nifty Future June http://dinuthakur.blogspot.com 5510 low, short term DOWN
was quoting at 17.05 points premium.Nifty call option June dinuthakur@gmail.com trend stoploss at 5565.
5600 was very active.Support for Sensex is at 18160. Resis- Modify all stop losses with
tance for Sensex is at 18630 .Support for Nifty is at 5450
blog site – market hitting new high or
and resistance at 5595.. http://dinuthakur.blogspot.com Continue on ......10
Inflation data will be released by the Government on 14 th
June 2011.RBI monetary policy review meet will be held on Short term Trend and reversal levels for NIFTY stocks are as follows -
16 th June 2011. use it for entry/exit in two steps.
Sun TV and RIL added Open Interest in June series.Huge
position was build up at Tata Motors June Call Option Strike STOCK Trend Trend Reversal STOCK Trend Trend Reversal
Price 1100.Good build up was also seen at RIL June Call ACC up 1020,1010 Kotak Bank ? 435,420
Option Strike Price 980.
Ambuja Cem up 141,140 LT up 1620,1610
Strategy for Futures Option players.
Axis Bank down 1290,1310 Mah & Mah down 695,705
1)Wipro(443.10) Lot Size-500 Shares
Bajaj Auto up 1350,1320 Maruti down* 1250,1260
Buy One Call Option of June Strike Price 440@13.10 Rs
Sell One Call Option of June Strike Price 460.00@5.50 Bharti Airtel up 360,350 NTPC down* 180,181
Rs. BHEL down* 2030,2060 ONGC down* 288,290
Premium .Paid=13.10*500=6550.00 Rs. BPCL down 630,700 PNB down 1120,1140
Premium Received=5.5*500= 2750.00 Rs.
Cairn down 342,345 Power Grid up* 99,98
Net Premium Paid==6550.00-2750..00=3800.00 Rs.
Maximum Profit==460-440=20*500=10000- Cipla up 310,315 Ranbaxy up 525,480
3800=6200.00 Rs.- DLF down* 238,240 RCom down* 99,100
Maximum Loss= 3800.00 Rs. Dr. Reddy down 1590,1600
Break Even Price=450.70 Reliance down* 970,975
GAIL down 452,456 RIL Capital down* 560,600
2)Infosys(2833) Future-Lot Size 125 shares.
Buy One Lot June Future @2833 Rs Grasim down 2320,2400 RIL Infra down* 630,640
Sell One Call Option of June Strike Price 2900@32.50 Rs. HCL Tech up 500,490 RPower down* 122,124
Premium Received=32.50*125=4062.50 Rs HDFC down 675,680
Maximum Profit=2900- SAIL down* 158,160
2833=67*125=8375.00+4062.50=12437.50 Rs. HDFC Bank up 2300,2260 SBIN down* 2550,2600
Max Loss=Unlimited. Hero up 1760,1740 Sesa Goa down* 300,302
Trading Idea Hindalco down 205,210 Siemens up 880,860
1)LT(1712.75)Buy this stock in decline and trade. HUL up 295,294
Sterlite down* 170,172
2)Dabur(115.20) Buy this stock in decline and trade ICICI Bank down 1075,1080
Sun Pharma up 450,440
IDFC down* 145,146
TREND OF MAJOR STOCKS Tata Motors down 1160,1180
Infosys Tech down 3020,3040
STOCK TREND NO OF Weekly Monthly Tata Power down* 1270,1275
DAYS Trend Trend ITC up 185,174
Tata Steel down 600,610
Jindal S&P down 660,665
BHEL.NS Bearish 1 Falling Rising TCS up 1150,1070
JPAssociate down* 88,90
ICICIBANK.NS Bearish 2 Falling Falling Wipro down 445,450
* stock above 500 Daily moving avg
ITC.NS Bearish 1 Falling Rising
Now out of our 15 different hints for nifty to Trader and Investor, 9 are bearish. Out
TATASTEEL.NS Bearish 2 Falling Falling of 50 NIFTY stocks 33 are trading negative below their mid term supports. 18 NIFTY
TCS.NS Bearish 1 Falling Falling Stocks are below long term support 500 DMA. Reader can see Intraday, EOD technical
chart of Nifty and nse/bse stocks with Mobile Phone on my site http://
Technical indicators of major Stocks dinuthakur.blogspot.com – free and first time in India.
MFI=Money Flow Index * RSI=Relative Strength Index Dinu's SAR -Trend and Stop-loss Table for Nifty -
ADX=Directional Momentum Index
Investor Chart trade Beta Trend From Stop Gain
type type % loss
STOCK CLOSE MFI-21 RSI-14 ADX-14 Derivative Daily 20 (+1.2) DOWN 5550 5530* +30
BHEL.NS 1911.8 31.8 36.6 35.54 Swing trade Weekly 20 (1-1.2) UP 5840 5510* +10
Short term Bi-weekly 20 (1) DOWN 5810 5530* +290
ICICIBANK.NS 1047.4 51.81 47.03 18.76 Medium term Monthly 20 (1-0.8) DOWN 5700 5590* +190
Mutual Fund Quarterly 10 (-0.8) DOWN 5700 5670* +190
ITC.NS 193.45 48.36 58.35 16
Long Term Yearly 10 (-0.8) Neutral 3670 5290/5750** +2210
TATASTEEL.NS 573.25 60.53 44.38 17.75 (Daily stop-loss + close)/ 2 will give trader next day’s stop-loss and trend for NIFTY.
TCS.NS 1152.1 58.81 49.8 11.47 Traders to exit below trigger** and re-enter trend at trigger** or lower level. Reverse
trend, if market trades against stop loss for 30 min.*

THE ECONOMIC REVOLUTION TO GET SUCCESS IN STOCKMARKET ALWAYS READ TER


06-06-2011 to 12-06-2011 THE
ECONOMICREVOLUTION 11
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DR. DIPESH GOHIL


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Sanjay Lad 12345678901234567890123456789
Mo. 9727990980 / 9898595259 Web :
(Mumbai)
Nifty
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veenmoney@gmail.com 12345678901234567890123456789
www. stockacademy.co.in 12345678901234567890123456789
VEEN WEALTH SERVICES Mobil No. : Sup.
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PVT LTD 12345678901234567890123456789
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09820920530 5580
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NAME : NIFTY
BUY ABOVE : 5520 NIFTY VIEW
RES-1 : 5555
RES-2 : 5610
Nifty has resistance at 5630 & it is weak with
RES-3 : 5680 respect to weekly chart. If it opens high, short term
SELL BELOW : 5520 trader can take short sell position around 5580 with
SUP-1 : 5480
SUP-2 : 5410 stop loss of 5630 and hold the position for the target
SUP-3 : 5350 of 5350
NAME : BANK NIFTY SOME STOCKS FOR SHORT SELLING
BUY ABOVE : 10760
RES-1 : 10810 SCRIPT Sup. SL TGT
RES-2 : 10900
RES-3 : 11110 AXIS BK 1260 1280 1200
SELL BELOW : 10760 BGRENERGY 480 490 455
SUP-1 : 10670
SUP-2 : 10537 BRFL 290 295 265
SUP-3 : 10410
ABAN 580 590 550
NAME : CNX IT
JINDAL STEEL 644 654 620
BUY ABOVE : 6576
RES-1 : 6638 M&M 670 680 650
RES-2 : 6750
RES-3 : 6830 MCLEDRUSS 262 268 245
SELL BELOW : 6576
ORCHID CHEM 286 294 265
SUP-1 : 6524
SUP-2 : 6442 SOBHA 258 265 240
SUP-3 : 6390
STER 170 175 160
NAME : CIPLA
BUY ABOVE
RES-1
:
:
324
333
SOME STOCKS FOR BUYING
RES-2 : 342
RES-3 : 351 SCRIPT Sup. SL TGT
SELL BELOW : 324 REL INFRA 560 530 650
SUP-1 : 315
SUP-2 : 302 SBIN 2310 2290 2450
SUP-3 : 291
SAIL 145 140 160
NAME : RCOM PIRHEALTH 370 360 400
BUY ABOVE : 93
RES-1 : 98
RES-2 : 103
RES-3
SELL BELOW
:
:
110
93
IPOs with less than Rs 25cr
SUP-1 : 88
SUP-2
SUP-3
:
:
83
79
equity to list without SEBI nod
Come September and crore will only require In reply to another
NAME : GAIL initial public offers (IPOs) exchange’s approval for query, he said by
BUY ABOVE : 439 of companies with paid- listing. September it was
RES-1 : 445 up capital of upto Rs 25 Such companies will expected the BSE will be
RES-2 : 451 not be ready to launch the
RES-3 : 466 required exchange facility to cater
SELL BELOW : 439 to take to small and medium
SUP-1 : 431 approval enterprises. NSE has also
SUP-2 : 425 of the received in-principal
SUP-3 : 412 Securities approval for similar SME
a n d exchange.
Exchange However, to
OUR PERFORMANCE Board of
India to
participate in trading the
minimum trading lot
STOCKS REC. HIGH TGT make the would be Rs 1 lakh.
PRICE /LOW public Keeping in mind the
offer and interest of small
NIFTY 5466 5608 2 TARGET ACHIEV.
getting investors who not have
BANKNIFTY 10660 10984 3 TARGET ACHIEV. crore will not require listed, BSE head of much access to small
CNXIT 6524 6645 1 TARGET ACHIEV. market regulator SEBI’s product strategy Sayee private companies, it was
RANBAXY 512 554 3 TARGET ACHIEV. nod to raise capital. Srinivasan told reporters decided to keep the
BANK OF BARODA 839 870 2 TARGET ACHIEV. “The companies with yesterday on the minimum trading lot of
either market cap or paid sidelines of roadshow of Rs 1 lakh, irrespective of
ABGSHIP 372 388 2 TARGET ACHIEV. up capital upto Rs 25 the exchange. share value

THE ECONOMIC REVOLUTIONGUJARATI HARD COPY AVAILABLE IN GUJARAT AND MUMBAI


06-06-2011 to 12-06-2011 THE
ECONOMICREVOLUTION 13

Nifty should cross 5650 for upward Movement


FDI Sector will attract investore Fancy
Sensex revived again, implying that the hearted start cherry- jittery as the crisis in STOXX 50 is once more support for the index is
slightly in the early part near-term view picking. Greece worsened. close to its medium-term at 12,070. If this level is
of the week as continues to be In the short-term, Moody’s Investors support at 2800. breached, the index can
progressing monsoon ambivalent. Sensex faces a
sent a breath of fresh air The weekly oscillators strong resistance
through equity markets. are also hovering in the in the zone
But harsh readings from neutral region, on the around 18,700.
economy coupled with verge of moving in to Inability to move
re-stirring of the 2G- bearish zone. above this level
hornet ’s nest made I nt e re s t i n g l y, will mean that the
index can head
lower to 18,124
MARKET or 17,786. Halt
around 17,800
again will result in

PREVIEW the index moving


in the range
between 17,800
and 18,600 for
Rajesh few more
sessions. Such a
move will retain
Kothari the bearish short-
term bias.
Strong move
Mo.: + 91 09892145335 below 17,800 will
pull the index
E-mail : rajrose29@gmail.com down to 17,420
or 16,647 over
the ensuing
stocks wilt once again oscillators in the monthly w e e k s .
and close the week with chart are also poised in C o n v e r s e l y,
marginal gains. neutral zone following a targets on a close
The mood among decline. This implies that above 18,700 are
investors and traders the zone around 17,800 18,915 and
continues to be where Sensex is 19,126. The
lackadaisical and this is currently halting is a uptrend can be decline to 11,555.
reflected in plummeting critical trend-decider for taken seriously only on a Service’ downgrading of Bounce from these As explained earlier,
volumes, especially in the medium and long- close above 19,126. Greek government’s levels will maintain a medium-term trend will
the derivative segment. term as well. Nifty (5,516.7) credit rating and the positive outlook for the turn negative only on a
Market participants Decline below this deposit and senior debt medium term. But the close below 11,640.
perhaps found it more zone would mean that Nifty too turned ratings of eight Greek double-top formation in
volatile after recording Asian benchmarks
amusing to watch the the down move can banks stoked the the weekly chart is a little were relatively resilient
drama surrounding the accelerate turning the the peak 5,597, just nervousness. Most disconcerting.
below the resistance at and closed with minor
latest anti-corruption medium-term view to benchmarks closed 1-2 The Dow recorded a profits.
fast. negative. 5,608. per cent lower. sharp 290 points decline
As explained in our Sharp decline in
FIIs turned net buyers When the first leg of CBOE VIX closed last week. This is the fifth dollar over the week
again. Open interest is the current decline took last column, there is a higher at 17.9 after consecutive week when
convergence of made commodities
however creeping up place between last hitting the intra-week the index has ended in including gold and crude
and so is the proportion November and February, resistances around this peak of 19.8. DJ Euro the red. Immediate
level. Failure to get past to spike higher.
of puts in the OI implying the other global equity
this level in the early part
that more traders are
betting on market
declining from these
markets were in robust
shape and hitting new
peaks. The developed
of the week can cause a
decline to 5,434 and VMS Industries IPO finally
5,328 in the days ahead.
levels.
The decision on diesel
price hike scheduled for
markets including the US
are only just beginning to
crumble under profit-
If the index stabilizes
around the support at
subscribed 1.36 times
next week could cause booking. 5,330, there can be a VMS Industries IPO Times Non Institutional Home has received bids
some reaction. Once those markets range-bound move finally subscribed 1.36 Investors: 1.1100 Times for 21,339,400 shares as
Economic data will begin correcting, India between 5330 and 5600 times on its last day. VMS Retail Individual against issue size of
continue to be scanned could also join in, making for few weeks. Such a Industries IPO was open Investors (RIIs): 3.4100 3,690,000 shares.
with great interest for the third leg of this move will retain a on May 30, 2011 and Times Subscription Detail
more signs of slowdown decline reach even the bearish short-term bias. closed today for Total Over- for Day 4
in the economy. second target of 16,493. Breach of 5330 support subscription. VMS subscription: 1.36 Times Q u a l i f i e d
The surge in the early According to will usher in a decline to Industries has received Posted Date: 6/2/ Institutional Buyers
part of the week helped Fibonacci retracement 5224 or 4989 over the bids for 97,34,400 shares 2011 8:50:55 AM (QIBs): 0.6500 Times
the 10-day rate of also we get two critical ensuing weeks. Targets as against issue size of Timbor Home IPO Non Institutional
change oscillator climb in supports at 16,758 and on a strong close above 71,52,778 shares. finally subscribed 5.78 Investors: 3.2200 Times
to positive territory. But 16,118. So the entire 5,600 are 5,640 and Subscription Detail times. Timbor Home IPO Retail Individual
the slide that followed zone between 16,000 5,710. for Day 4 was open on May 30, Investors (RIIs): 14.2200
has pulled this indicator and 17,000 should be an Global Cues Qualified Institutional 2011 and closed today Times Total Over-
lower to the zero line area where the brave- Global stocks were Buyers (QIBs): 0.0000 for subscription. Timbor subscription: 5.78 Times

THE ECONOMIC REVOLUTION WELKNOWN ANALYSTS WRITERS FROM DIFFERENT PART OF COUNTRY
06-06-2011 to 12-06-2011 THE
ECONOMICREVOLUTION 15

Elliott Wave Rules-9 [completed]


No matter how hard WAVE 3= BELOW MOVING loop is governed by same-directional wave A by a Fibonacci
one tries to slog hard 1.62(1.618)x1=2.62X1=4.25X1 AVERAGE, MOMENT IT man’s social nature, and components, i.e., waves ratio (0.618 or equality)
and slave WAVE 4= 24% OF 3 CLOSES ABOVE MOVING since he has such a 1, 3 and 5. Their * Compared to
It is difficult to figure 38% OF 3 50% OF 3 AVERAGE, BUY. THESE nature, the process structures are called impulses, correctives
out how the stock WAVE 5= WAVE 1 = ARE KIND OF generates forms. As the “ impulsive” because are difficult to trade.
market will behave 1.62 X 1 =2.62 X 1 CONTINUATION TRADE forms are repetitive, they powerfully impel There are more than 23
Many trades can turn Advanced Get:- WITH MORE THAN 95% they have predictive the market. Corrective types of patterns.
out to be a close shave value. mode is employed by all Sometimes the best
Your knowledge Wave Patterns countertrend thing to do is let the
makes me feel as
backward as the man in
TIPSS BSE NSE In markets, progress interruptions, which market make up its mind
ultimately takes the include waves 2 and 4. and then decide what to
the cave form of five waves of a Their structures are do.
While you’re earlier
posts one has tended to
admire and rave
A.Sivakumar specific structure. Three
of these waves, which
are labeled 1, 3 and 5,
called “corrective”
because they can
accomplish only a
* In an impulse, it is
common for a wave 3 or
wave 5 to extend.
To attempt to even
understand this one, M.Sc.,PGDCA actually effect the
directional movement.
partial retracement, or
“correction,” of the
* Any correction
following a 5th wave
one has to be brave They are separated by progress achieved by extension will typically
The consequences of Mo. +91 09600488136 two countertrend any preceding impulsive end at wave 2 of the
wrong application can interruptions, which are wave. Thus, the two extension
be counterproductive Email : tipssbsense_er@yahoo.in labeled 2 and 4. The two modes are * Alternation: if wave
and grave http://www.tipssbsense.blogspot.com interruptions are fundamentally different, 2 is a sideways
For the time being apparently a requisite both in their roles and in correction, wave 4 will
like any other computer for overall directional their construction, as be fast/ straight/ swift
file, I shall only save TYPE 1 BUY SUCCESS RATE. TO BOOK movement to occur. will be detailed in an (and vice versa).
Your comprehensive EV4 WHEN PRICE > PROFIT IN WAVE 3, WE At any time, the upcoming section. * Waves are fractal
presentation on Elliot MV,PTI>35,WAVE 4 NOT USE SHORT TERM market may be Wave subdivision and principles apply
wave B R O K E N , O C I L L ATO R COUNT WHICH REVEALS identified as being Waves can be across all time frames. A
(Actually, it is so long PULLBACK IS BETWEEN WHEN WAVE 3 SHALL BE somewhere in the basic repeatedly subdivided 1-2-3-4-5 impulse could
and wide that I can’t 90-140%. OVER. five wave pattern at the into lower degrees as be a part of larger A
help an analogy with IF WAVE 4 CHANNELS WAVE 3 SELL largest degree of trend. follows: which in turn can be a
tsunami wave) ARE BROKEN, LOOK AT REVERSE OF ABOVE Because the five wave Some observations part of a larger 1
How I wish that AGGRESSIVE WAVE I hope I am not pattern is the overriding * Wave 4 never A triangle in itself is
alongside us to explain COUNT overdoing the poetry form of market overlaps or enters the a 5 structure with
this on a computer TYPE 1 SELL bit. I feel that every progress, all other area of wave 1. An overlapping sub-
terminal, “you” we EV4 REVERSALIF good, sincere post patterns are subsumed overlap means one shd structure,more often
could have AFTER BUYING OR deserves to be by it. consider the possibility than not
One shall always SELLING, PRICES CLOSE applauded especially The 5 wave pattern is of A-B-C corrective a)Triangle precedes
remember in hindsight IN VICE-VERSA considering the fact that often followed by 3 * An exception to the exhaustion
and be grateful for DIRECTION OF MOVING traders don’t share corrective waves above is a 5th wave b)final consolidation
knowledge that you AVERAGE, REVERSE THE knowledge as readily as labelled as A-B-C. ending diagonal b4 last run up
gave. TRADE AND IF YOU credit. The old agade, “ Wave Mode * Wave 3 is never the Thats because
Of course, instead of HAVE CONSECUTIVE 4 If you can’t win them, There are two modes shortest. psychology of triangle is
sweeping one aside like LOSSES, DOUBLE THE join them” needs to be of wave development: * Wave 3 & 5 are indecision between the
in tsunami, this one QUANTITY AND DO THE slightlymodified in this impulsive and related to wave 1 by a sellers and buyers in the
sweeps us off our feet. I SAME AFTER THE 7TH context , “ If you can’t corrective. Impulsive Fibonacci ratio (equality market.
have used the word CONSECUTIVE LOSS. join them, appreciate waves have a five wave or 1.618 or 2.618) Wave 2 cannot be a
brave because I honestly TYPE 2 BUY them”. structure, while * In any corrective, triangle at all
wish you could present DIVERGENCE BETWEEN The Elliot Wave corrective waves have a wave C is related to because wave 2’s are
this online to us on a BOTTOM OF 3 AND 5 theory three wave structure or wave A by a Fibonacci just like B waves,(sucker
computer terminal. WITH BOTTOM OF Elliot discovered that a variation thereof. ratio (equality or 1.618 punch),a B wave creates
Wave count being OSCILLATOR. PRICE > the ever-changing path Impulsive mode is or 2.618) a false illusion of a bull
deceptive, Elliot wave is CLOSE OF MA. of stock market prices employed by both the * In any corrective, rally and by definition B
dicey to understand as it IF PRICES STILL MAKE reveals a structural five wave pattern and its wave B is related to waves are 3 structures.
is. A FEW LOW OR FAIL TO design that in turn
Somebody gave me a RISE, LOOK AT LONG reflects a basic harmony
presentation on TERM WAVE COUNT. found in nature. From LIC Cont. from Pg. 16
advanced get four TYPE 2 SELL L O O K this discovery, he
months back. Here is a FOR DIVERGENCE developed a rational the policy would be Benefit) and Accident The plan offers very
brief summary of it BETWEEN TOP OF WAVE system of market further enhanced by 5 % Benefit Rider for the attractive rebates for
which that guy gave me. 3 AND WAVE 5 WITH analysis. without any upper limit. Principal Insured and higher Sum Assured and
This is not a patch on OSCILLATOR. Under the Wave Quick Cash Facility spouse. Half-Yearly / Yearly mode
your knowledge or the PRICES CLOSE Principle, every market allowing payment of 50% The premium will of Payment. For further
post above but BELOW THE MOVING decision is both entitlement can be depend on one’s age, Information please
following the healthy AVERAGE. produced by meaningful availed as advance, in gender, the Health cover contact :
trend you always set, let IF PRICES FAIL TO information and case of 57 specified option one has chosen,
E x e c u t i v e
me share whatever little FALL, LOOK AT LONG produces meaningful major surgeries. whether one is Principal
Premium Waiver Benefit Insured or other insured Director(CC) Address :
I got. The person from TERM COUNT. information. Each LIC of India Central
whom I learnt all this WAVE 3 BUYW H E N transaction, while at and Ambulance Benefit life and the mode of
are also available in case payment. The premiums Office Mumbai .
seemed very SOFTWARE LABELS once an effect, enters Telephone : 022
competent. Most of it is WAVE 3, LOOK FOR the fabric of the market of certain major can be paid regularly at
surgeries. yearly, half-yearly, 22028307, 9820197211
Greek to me now since I OSCILLATOR. IT SHOULD and, by communicating
have not had the BE ABOVE OSCILLATOR transactional data to The plan also offers quarterly or monthly Email id :
opportunity to use it. BREAKOUT BAND. investors, joins the chain the option of taking Term (ECS mode only) ed _ c c @ l i c i n d i a . c o m
WAVE 2 = 50% OF IF YOU SEE A SHARE of causes of others’ Assurance Rider (up to intervals over the term Visit us at
WAVE 1 62% OF WAVE 1 IN WAVE 3 BUT IT IS behavior. This feedback 100 times of Initial Daily of the policy. www.licindia.in.

THE ECONOMIC REVOLUTION WANT SUCCESS IN STOCK MARKET, READ THE ECONOMIC REVOLUTION
06-06-2011 to 12-06-2011 THE
ECONOMICREVOLUTION 17

Market thought inflation assumed


Dear investor, Mid-cap index week. also started with a In coming week million reported during
Last week we seen increased by 165.78 Outlook positive sign that market move both side. the corresponding
the market will move points, or 2.46% to We have had some boosted investor Market moves on 14 period in 2010.
both the side. Bulls & 6,896.14 in the week. relief on FII flows. sentiment – by which June 5, 2011 Inflation Considering the twelve
Bear fight together. Post Small-cap index gained Hopefully, the current food inflation may come news. If inflation rate month period i.e. from
the underperformance 128.83 points, or 1.59% trend of a gradual down substantially… April-March 2011, the
high so banking sector
by the Indian equities in to 8,238.69 during the upward move will Monsoon must meet total operating income
may some pressure. So
the past month, week. continue in the near the expected level, any was reported at Rs.
keep this stock for short
valuations had become All sectoral indices term. But, the macro- failure or lesser than 63,179.8 million, i.e. a
every high. Keep stop
reasonable for ended the week mixed. economic backdrop expected rains will growth of about 12.32%
loss of 1280 for target of
remains challenging as dampen market over the corresponding
1220-1200. ones stock
has been underscored sentiment again… The value of Rs. 56,249.1
sleep & close below
by the GDP data and major factor that to million for the year ago
other reports. Other determine market move
area of concern is the is based on Diesel price
muted trading volumes. hike… So use any rally
RBI mid-quarter review book long positions in
on June 16, EGoM on relief rally and sit with
fuel prices on June 9, cash.
April IIP data on June 10 Also we must watch
and May inflation on GDP data on 31-May, by
June 14 would be the which we can get some
important events that clues on upcoming RBI’s
could have a bearing on policy review… On 16-
the direction of the June RBI may increase
markets in the coming interest rates to a
i n v e s t o r s . Top gainers were BSE days significant level, if
Consequently, FIIs Consumer Durables The Indian markets current inflation
changed their stance in (3.61%) followed by are likely to remain numbers not comes
June and turned strong FMCG, Healthcare, range-bound in the next down… So be cautious…
buyers. Thus on the Capital goods and few days. The economic I recommend some
back of FII flows, the Realty, which rallied data has been indicative stock for trading. period. Moreover, the
1200 it will touch 1175.
Indian equities over 2% each. Rest of a moderation in Investor keeps stop loss EPS of the company
shrugged some of its Power, PSU and Teck up every stock. Other stock Cipla Future during the twelve
slowdown-related over 1%, while IT and future more benefit for Close (326) months i.e. from April -
Bankex investor call on March 2011,
s t o o d running market. We decreased to Rs.
marginally provide call in all 12.05 as against Rs.
up 0.89% segment. 13.69 in the year ago
and 0.73% Reliance Infra period of 2010. Buy
respectively. this stock for long &
However Future Keep stop loss of 315
BSE Auto, Close (560) for target of 350-
Oil & gas R e l i a n c e 375.
and Metal growth. Inflation has Infrastructure Ltd has Aban future
dropped also been resilient and informed BSE vide its
1 . 9 4 % , the RBI may affect a letter dated June 03,
Close (575)
0.78% and further rate hike at its 2011 that ‘We have In coming week I
nervousness and 0.59% respectively policy meeting in June. today bought-back see some selling
notched gains for the during the period. On the positive side, 75,000 equity shares pressure in this stock
week. The markets Food inflation fell to valuations are of the Company’. Last because operator &
showed resilience even 8.06% for the week reasonable and week Stock cross 580 some aggressive
in the face of weak ended May 21 on the monsoons also seem to level & close 560. I Cipla Ltd. announced investor short this stock
global markets, which back of cheaper pulses, be largely on track. recommended for buy its unedited financial in every high. If stock
are expected to end the wheat and some Earnings of listed Indian call at 555-550 level results for the fourth close above 600 to good
week with minor losses. keep a stop loss of for long otherwise short
The US markets sold off 530 for target of 600
during the week on above close 600
poor employment data stock will touch 650.
and negative news flow MRPL Future
on Greece. Sectorally,
Consumer Durables Close (76.90)
surged the most This stock last
followed by FMCG, week trade in range
Healthcare and Capital vegetables, with the companies grew at the bound in every market
goods. latest numbers likely to slowest pace in the past cues. This stock not
The 30 share index, be seen by the three quarters as rising sleeps 65 level & not go
Sensex gained 110.38 government as a silver input costs eroded up 80 level. In this stock
points or 0.60% to lining after the profit margins even as coming week cross 80
18,376.48 in the week slowdown in economic sales remained buoyant. level if close above 80 quarter ending March this stock for target for
ended June 03. On the growth during the first The slowdown was led will touch 85-86 level. 31, 2011 on May 5, 550-530.
other hand, the broad quarter. Food inflation, by SBI (higher loan-loss Investor keeps stop loss 2011. The company Godrej Consumer
based NSE Nifty moved as measured by the provision) and ONGC of 73 for long position. recorded a net profit of
up by 40.65 points or Wholesale Price Index (higher subsidy Axis Bank future Rs. 2,140.0 million for
0.74% to 5,516.75 in the (WPI), stood at 8.55% burden).“ Now the same period as
Close (413)
Close (1236)
same period. during the previous southwest monsoon compared to Rs. 2,755.3 Continue on ......14

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

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