FII HOLDING MORE THAN 30% STOCKS

Company	%Holding	Rs Crore	No. of Holders
HDFC	58.12	55,297	874
Jain Irrigation	55.17	3,253	236
United Spirits	51.43	5,196	299
Indiabulls Whol	50.61	10	224
Indiabulls Real	49.33	1,529	223
IVRCL	48.3	469	132
YES BANK	48.09	4,613	235
IDFC	46.77	7,676	439
Shriram TransFi	42.41	5,857	303
NCC	42.27	676	98
HDIL	42.07	1,770	268
Rei Agro	41.41	990	64
Hexaware Tech	40.24	993	87
Federal Bank	40.12	2,525	177
LIC Housing Fin	39.86	4,000	246
Geodesic	39.22	182	78
Int Conveyor	38.82	33	5
Opto Circuits	38.81	1,643	161
South Ind Bk	38.79	964	79
ICICI Bank	38.61	39,228	912
Tata Motors (D)	38.26	330	106
Sintex Ind	37.78	1,389	191
Redington	37.2	1,348	93
Infosys	36.88	53,222	948
Su-raj Diamonds	36.62	111	21
United Phos	36.29	2,324	285
Dhanlaxmi Bank	35.71	225	54
India Infoline	35.71	722	71
Axis Bank	35.45	15,293	558
Zee Entertain	35.14	4,024	291 List will be continued tomorrow

SHORT TERM BUY - HARITA SEATS

Harita Seating Systems

BSE: 590043   NSE: HARITASEAT CMP: 67.00.  Buy harita seating systems at 65.00- 67.00 levels for a short term two months target of 80.00 with a stoploss of 60.00

LONG TERM BUY - RANE HOLDINGS

Rane Holdings

BSE: 505800  NSE: RANEHOLDIN  CMP : 205.00 
Rane Group, one of India's leading auto component manufacturers, has  acquired 26% equity stake in SasMos HET Technologies Private Limited, a  company engaged in manufacturing interconnection systems (cable harnesses)  for various applications in the defense and aerospace industries.

"Today is a momentous step forward as Rane ventures into this new area. We  feel there are significant growth opportunities both in India and as an  exporter. This entry also opens a new knowledge base for Rane in Electronics  which will have a synergy with Automotive Industry." Said L Ganesh,  Chairman, Rane Group.

In the initial phase, Rane Holdings Limited has invested in SasMos for a 26%  equity stake with an option to increase it's stake to majority over a period  of time."Rane which will continue its focus in maintaining its market leadership in  auto components space in its chosen product lines looks at this  diversification as a good fit for our future growth plans," the company said  in a statement. The Rane Group comprises seven companies manufacturing  safety and critical components for a broad range of automotive industry  segments. In fiscal 2010 - 2011 the group recorded revenues of Rs. 2241.5  crores. The Rane Group embraces TQM as a way of life and four of its  companies have received the coveted Deming Prize. "As a part of its growth strategy Rane Group has been exploring  opportunities to go beyond its current presence in automotive industry. It
has been scouting for opportunities to grow and identified Defense and Aero  Space industry as a possible area after the Indian government's decision to  allow private participation in these sectors," the company noted.

SasMos HET Technologies private limited - a Bengaluru based manufacturer of  products such as cable assemblies, wiring harness, panel-boxes and  electro-mechanical assemblies used in Aerospace & Defense industry - has  been in the lookout for a suitable partner to expand their business. SasMos,  is an eligible 'Offset Partner' for Supplies to the Indian defense sector and also supplies interconnection systems (cable harnesses) to both domestic and overseas customers. SasMos HET Technologies has significant plans to scale up and is expected to grow to about Rs.120 crores in revenue in the next five years.

SHORT TERM BUY CALL - SUNIL HITECH ENGINEERS

Sunil Hitech Engineers

BSE: 532711 NSE: SUNILHITEC CMP : 85.00 .  Buy sunil hitech around 85.00 and below levels for a short term one month target of 97.50 with a stoploss of 80.00.

NIFTY LEVELS - INTRADAY TREND ANALYSIS FOR SEPT 30 - FRIDAY

Market surged more than 1.50 % today on the back of short coverings and a good buying interest in IT and auto shares. Spot nifty ended up the day with a gain of 69.55 points and Nifty Futures settled down the expiry at 5016.40 advancing 79.15 points. Tomorrow the market trend is looking positive as per the technicals and Nifty likely to continue the positive run. If it manages to trade above 5040, a bullish run towards 5100 could be seen. Major downward trend is still seems below 4905 mark.

SHORT TERM BUY - NEHA INTERNATIONAL

Neha International

BSE: 519560  NSE: NEHAINT  CMP : 110.00 . Buy neha international  around 110.00 and below levels for a short term one month target of 126.00 with a stoploss of 105.00

NIFTY LEVELS - INTRADAY TREND ANALYSIS FOR SEPT 29 - THURSDAY

Nifty was on a slight bear trend after the yeterdays rally.Today the first resistance for nifty is at 4969-73 level.Next resistance ranges are at 4995-00,5027-33,5060-65,5119-23 5167-72,5193-98,5225-30,5267-72,5323-28 levels.On downside first support is at 4915-10 level.Next supports are at 4896-93,4862-57,4830-25,4805-02, 4768-63,4718-12,4697-94,4675-70,4595-90,4540-35 level.After the rally nifty was on a resting mood yesteday but still the nifty is in red zone.Today a move above 5000 can trigger some buying the main intra hurdles are at 4973,5000 and 5033 level.On down side if nifty is below 4900 be very alert and better no long below that level.

SHORT TERM BUY - NILKAMAL

Nilkamal

BSE: 523385    NSE: NILKAMAL  CMP : 268.00  Buy nilkamal around 266.00 -268.00 levels for a short term one to two months target of 290.00 with a stoploss of  260.00

NIFTY LEVELS - INTRADAY TREND ANALYSIS FOR SEPT 28, WEDNESDAY

The market rolled out exactly as we predicted and Nifty could able to close near 5000 level after making a three figure gain. Nifty futures advanced almost 3% (+2.86%) and settled at 4983 up by 138.70 points. The trend from here is likely to remain positive if prices moves above 5000 mark on consistent basis while trade below 4955 may call far lower levels like 4909.

First and second resistance levels for Nifty are - 5003-5070 respectively whereas stiff support is seen near – 4905.

OPTION SPECIAL TIPS - HDIL

HDIL  LOT:2000
Buy HDIL 100 call option of oct 25-2011 series. buy at 6.80 -7.20 levels for a target of 8.50 and 10.00 with astrict stoploss of 6.00.strictly exit if stoploss hits

SHORT TERM BUY - JYOTI STRUCTURES

Jyoti Structures

BSE: 513250   NSE: JYOTISTRUC   CMP : 65.00  Buy jyoti structures around 65.00 and below levels for a short term one to two months target of  76.00 with a stoploss of 61.00

NIFTY LEVELS - INTRADAY TREND ANALYSIS FOR SEPT 27, TUESDAY

In Nifty Futures a recovery can be seen today and Nifty may look for the levels like 4875-4890 and even 5000 given Nifty breaches 4868 mark. On the downside 4800 is crucial support whereas 4750 will act as next stiff support which may cause free fall in Nifty.on strong global cues, a gap up opening expected today and can hold 4900 levels due to short covering.

MEDIUM TERM BUY - OPTO CIRCUITS

 Opto Circuits India   

BSE: 532391    NSE: OPTOCIRCUI   CMP :217.00

 Opto Circuits, a Bangakuru based company dealing in various types of medical instruments and machines has an excellent track record of rewarding its stakeholders by way of issuing frequent bonus shares and paying handsome dividends in a very short span of its existence. Since the share on Friday opened lower than the previous day's closing and plunged below the lowest of the previous day but closed higher than the previous day's closing which, according to technical parlance, is a bullish sign and the share of Opto Circuits is, therefore, recommended for buying for medium to long-term investing as the downward risk has been greatly reduced because of its lower level of price.

HIGH RISK HIGH RETRN SHARES

Symphony Rs. 1297.00 Code: 517385

Market has witnessed heavy volume for this share since last many sessions indicating some positive news ahead. It has been heard from the street that some HNI are also cornering this stock. The price may move up next week.

Pidilite Industries Rs. 165.00 Code: 500331

Some market operators and players are very much bullish for this stock as they are making  some long term position. Investors, can yield handsome return if they for short term investment.

IPCA Lab Rs. 269.00  Code:524494

The volume of this share has been increasingly going up since last many sessions indicating some positive development ahead. It has been heard from the market that the company is going to make some positive announcement very soon. The price may soar up following this speculation.

Piramal Health Rs. 352.00 Code: 500302

This stock has entered on the radar screen of some strong operators. It has been heard from the market circle that the company is going to make some positive development very soon. The price may scale up following this

speculation.

Everonn Rs. 400.00   Code:532876 

The Varkey Group has very recently made an announcement that it is going to buy 4.48 million share of this company at Rs. 528 as it intends to buy 20 % equity. The price may definitely surge up following this announcement.

TTK Prestige Rs. 2621.00 Code: 517506

This stock is also following the trend of Jubiliant Food, VIP Industries and Lovable Lingeri as it could maintain its momentum. Of course there is some possibilities for some correction but investorscan definitely take entry during correction phase.

Fortis Health Rs. 132.00    Code: 532843

Current market price is the best opportunity for short term position. The global operation of this company indicates for rosy future. Investors can yield handsome return if they opt for short term position.

Cairns India Rs. 277.00 Code: 532792

The much discussed Vedanta deal is going to complete within next 10 days. This deal would definitely create some positive impact on price of this stock.

Hexaware Rs. 74.00     Code:532129

Fundamentally it is verystrong company beside it has delivered excellent result for the Q1 of

FY 2011 that indicates that the company would maintain its momentum during next quarter. Investors can expect target price of Rs. 81 very soon.

Suzlon Rs. 38.00   Code:532667

The promoters of this company are going to increase their stake through their subsidiary company Samanvaya Holding. The price may surge up next week following this announcement.

MEDIM TERM PICK - SAHYADRI IND

Sahyadri Ind

.BSE Code : 532841Rs. 67.35 

Pune based Sahyadri Industries Ltd is engaged in production and marketing of Asbestos Sheets. Having
4 factories, SIL is the third largest manufacturer (after Hyderabad Ind and Visaka Ind) of Asbestos sheets in the country. Asbestos sheets are used mainly for roofing of industrial galas, houses in rural areas etc. Main raw material for Asbestos sheets are cement, flyash, pulp and imported fibre. In 2010-11, SIL has increased its capacity from 4.43 lac tonnes to 5.27 lac tonnes. SIL also has windpower division. It had 16 MW Wind energy which was increased to 18.40 in FY11. Last year, its share price had touched Rs
190/, an all time high. At current price of Rs 51, scrip looks to have bottomed out and market cap ofRs 52 crores looks very attractive considering FY12E sales of 380 crores.ForFY11, SIL achieved sales of Rs 309 crores with profit after tax of 13.47 crores, translating into Eps of Rs 14.09. Cash Eps stood at Rs 26.37. It paid Rs 2 per share as dividend. Scrip is trading at 3.62xFY11 Eps and 1.95xFY11 Cash Eps. Book Value became Rs 103/ as on 31st March 2011 and scrip available at 0.50xFY11 Book Value SIL's 4th plant had started commercial production in March 2011. Impact of same was felt from Q1 onwards wherein its sales have increased by 25% to 125 crores. Now, SIL is setting up its 5th plant in Vijaywada and also increasing wind energy capacity

to 23.20 MW. Company is also in the process of registering for Carbon Credits.
Due to good monsoon, demand for asbestos sheets from rural area is likely to be robust and SIL should benefit considerably from the same. SIL is available at :- 1. 2.50xFY12E Eps and 1.52xFY12E Cash Eps 2. 2.22xFY13E Eps and 1.35xFY13E Cash Eps Above valuations are very tempting. Its Book Value will also cross Rs 100/ mark by March 2011. Current market cap of Rs 52 crores is very low at Sensex level of 17,000. In fact,
scrip is available as if Sensex is hovering below 10,000. Investors can buy this scrip as downside from current marketprice is very low whereas scripcan go up even 100% in next 1 year or so.

STOCKS IN NEWS FOR THIS WEEK

* The share price of Astral Poyltechnik has shot up on reports that the company is planning to set up a CPVC plant in JV with the US-based Lubrizol Corporation, an entity owned by Berkshire Hathaway Inc of Warren Buffett. Book partial profit and exit fully on a further rise.

* At a market cap of Rs.180 crore, Maxwell Industries is fundamentally overvalued. Book profit now.

* Eros International is hitting new highs as the company is about to release ‘Mausam’ starring Shahid Kapur & Sonam Kapoor. Don’t get tempted to buy. It’s time to sell now.

* Recently, Jyoti Structures bagged Rs.328 crore turnkey contracts for setting up 765 kV substations at Jabalpur & Nellore. Buy this scrip at current levels and add more at declines.

* Polyplex Corporation is expected to post an EPS of Rs.90-100 in FY12 and the share is poised to touch Rs.300 mark.

* Shree Ganesh Jewellery is likely to register an EPS of Rs.50 in the current fiscal. A conservative P/E multiple of 5 will take its share price to Rs.250 in the medium-term.

* APM Industries, a low profile textile major belonging to the Orient Abrasives group is all set to clock an EPS of Rs.4 on its share of Re.1 paid-up. The share is a good buy as it will fetch a gain of over 50% in the medium-term.

* Alicon Castalloys, in which the Japanese major holds the majority stake, is expected to garner an EPS of Rs.15. The share can be bought for decent appreciation.

* Yuken India, a Japanese MNC, is doing well with a likely EPS of Rs.38 in FY12. This MNC share is going cheap and may touch Rs.300 in the medium-term.

* Ahmednagar Forgings, belonging to the Amtek group, posted an EPS of Rs.30 in FY11 and is expected to register an EPS of Rs.34 in FY12 on the back of expansion. The share is a good buy for decent gain.

* The shares of MBL Infra are a worthy buy as it is expected to record an EPS of Rs.40-42 in FY12.

* The Worst seems to be over for the textile industry say textile analysts. The best among the textile scrips are Ambika Cotton, Vardhman Textiles, Sutlej Textiles, APM Industries, Bannari Amman Textiles, Shiva Texyarn, Pradip Overseas, KPR Mills and Gokak Textiles.

NIFTY OPTION TIPS FOR TODAY - SEPT 23

CALLS

NIFTY - CE - 5100.00 (29-Sep-2011)

Signal	Signal Price	Stop Loss	Target-1	Target-2	Target-3
Buy	32.6	32.4	47.3	73.8	88.6

NIFTY - CE - 5000.00 (29-Sep-2011)

Signal	Signal Price	Stop Loss	Target-1	Target-2	Target-3
Buy	71.7	71.3	98.7	148.2	175.5

PUTS

NIFTY - PE - 5000.00 (29-Sep-2011)

Signal	Signal Price	Stop Loss	Target-1	Target-2	Target-3
Buy	134.4	111.1	171.6	209.5	269.9

NIFTY - PE - 4900.00 (29-Sep-2011)

Signal	Signal Price	Stop Loss	Target-1	Target-2	Target-3
Buy	82.9	67.2	109	135.6	177.5

NIFTY LEVELS - INTRADAY TREND ANALYSIS FOR SEPT 23, FRIDAY

Black Thursday for Indian markets when Major benchmark indices slaughtered and lost more than 4%. It was the biggest fall after October '08. Economic concern of US and Fed's Negative prediction on US economy enticed FII's selling and market had to suffer deep downfall on the index. Spot Nifty Lost 209.60 Points and Closed at 4923.65. Nifty Futures stopped at 4908 down by 233 points. The panic may continue for coming trading session too and Nifty likely to touch 4820 mark if trades below 4889. 

But a short covering recovery could be possible above 4955 level which can push the market up to 4980-5000 mark but major upside is sen only above 5150.

SHORT TERM BUY - SUTLEJTEX

Sutlej Textiles and Industries

BSE: 532782    NSE: SUTLEJTEX    CMP :191.00.  Buy sutlejtex around 190.00 and below levels with a stoploss of 180.00  for a short term one month target of  220.00. earlier recommended on same levels and reached 220.00 levels. one can buy for long term also for a target price of 330.00 with in one year.

NIFTY OPTION TIPS FOR TODAY - SEPT 22

CALLS

NIFTY - CE - 5200.00 (29-Sep-2011)

Signal	Signal Price	Stop Loss	Target-1	Target-2	Target-3
Buy	49.6	49.2	59.5	72	82.3

NIFTY - CE - 5100.00 (29-Sep-2011)

Signal	Signal Price	Stop Loss	Target-1	Target-2	Target-3
Buy	100.3	99.6	116.9	136.6	153.8

PUTS

NIFTY - PE - 5100.00 (29-Sep-2011)

Signal	Signal Price	Stop Loss	Target-1	Target-2	Target-3
Buy	58.8	58.4	70.4	83.8	95.9

NIFTY - PE - 5000.00 (29-Sep-2011)

Signal	Signal Price	Stop Loss	Target-1	Target-2	Target-3
Buy	31.3	31.1	37.8	45.3	52

NIFTY LEVELS - INTRADAY TREND ANALYSIS FOR SEPT 22, THURSDAY

Markets traded range-bound today with great ups and downs. IMF’s trimming of growth forecast for India sounds a warning signal and will make global investors trim their expectations, accordingly.

The resistance levels for Nifty (spot) continue to be at 5,180 and 5,320 where it fills an open gap. And on the downside, 4,990-4,910 remain supports.

For intraday trading tomorrow, we can see 5080 as the immediate support level and if this is broken, then next support is seen at 5050-5012. On higher levels, 5175 is the immediate resistance level for Nifty and any gains above these levels may take it to resistance at 5200-5235.

BELIEVE IT ! ONE MONTH TARGET HIT ON SAME DAY - SAREGAMA INDIA

 just today morning  i recommended saregama india at 68.00 for a short term one month target of 76.00.but you have to believe this stock ultimately reached  an intraday high 78.00. one month target is reached in just oneday. huge 12% returns in just one day.

TARGET HIT IN 5 DAYS - MODISON METALS

MODISON METALS recommended on september 15th at 33.50 for a short term target of 38.50.stock exactly touched 38.90 today.huge 15% returns just in 5 days.

TARGET HIT IN 5 DAYS - AXIS IT&T

Axis IT&T recommended on september 15th at 90.00 levels for a short term target of 105.00. stock touched 111.00 today and locked in 10 % upper circuit  with no sellers available.huge 23% returns in just  5 days.

SHORT TERM BUY - SAREGAMA INDIA

Saregama India

BSE: 532163    NSE: SAREGAMA  CMP : 68.00. Buy saregama india around  68.00 and below levels for a short term one month target of   76.00 with a stoploss of  64.00

SHORT TERM BUY - IOB

Indian Overseas Bank

BSE: 532388    NSE: IOB  CMP : 99.00. Buy IOB at 99.00 and below levels for a short term one to two months target of 114.50 with a stoploss of 94.00.stock is at its 52 week low now,  also in oversold position , downside risk is limited.

NIFTY OPTION TIPS FOR TODAY - SEPT 21

CALLS

NIFTY - CE - 5100.00 (29-Sep-2011)

Signal	Signal Price	Stop Loss	Target-1	Target-2	Target-3
Buy	108.6	92.1	131.6	155.2	194.7

NIFTY - CE - 5200.00 (29-Sep-2011)

Signal	Signal Price	Stop Loss	Target-1	Target-2	Target-3
Buy	55	45.6	70.3	85.9	110.6

PUTS

NIFTY - PE - 5100.00 (29-Sep-2011)

Signal	Signal Price	Stop Loss	Target-1	Target-2	Target-3
Buy	74	73.6	99.8	146.1	172.4

NIFTY - PE - 5000.00 (29-Sep-2011)

Signal	Signal Price	Stop Loss	Target-1	Target-2	Target-3
Buy	43.4	43.2	61.5	93.6	111.9

NIFTY LEVELS - INTRADAY TREND ANALYSIS FOR SEPT 21, WEDNESDAY

The market unfolded the same way as we predicted and Nifty could manage to close above 5100 mark. Spot Nifty after touching a high of 5149.90 closed at 5140.20 and added 108.25 points to its last closing level.

Nifty Futures ended up above 5150 mark and settled at 5167 up by 129.85. Now the crucial level to prevail this positive trend is seems to be 5190 above which Nifty is looking forward to test 5228-5244 Mark.

Support for Nifty is seen near 5010 a trade below which may drag nifty down to 4950 level.

NIFTY OPTION TIPS FOR TODAY

NEW - NIFTY OPTION TIPS

CALLS

NIFTY - CE - 5100.00 (29-Sep-2011)

Signal	Signal Price	Stop Loss	Target-1	Target-2	Target-3
Buy	60.6	60.2	68.7	81.4	89.9

NIFTY - CE - 5000.00 (29-Sep-2011)

Signal	Signal Price	Stop Loss	Target-1	Target-2	Target-3
Buy	115.2	114.4	128.7	149	163.4

PUTS

NIFTY - PE - 5000.00 (29-Sep-2011)

Signal	Signal Price	Stop Loss	Target-1	Target-2	Target-3
Buy	76.1	75.6	84.7	95.2	104.3

NIFTY - PE - 5100.00 (29-Sep-2011)

Signal	Signal Price	Stop Loss	Target-1	Target-2	Target-3
Buy	121.2	120.3	134.2	148.5	162.4

LONG TERM BUY - POLARIS

 POLARIS  CMP : 130.00  TARGET : 175.00

IT Research Experts expect IT services exports to grow at a two-year CAGR of 18% to US$ 47 bn in FY13, mainly driven by volume growth. While large cap companies will continue to drive growth, small to mid-cap companies are also expected to benefit from the secular growth in the sector.

And yes there are problems in U.S. and the Eurozone but slowly and gradually all the noise will die down, optimism will return and things will be get back to normal.

Besides, in a recent report, Moody’s said the 1,600-plus U.S.-based companies it rates had $1.2 trillion in cash at the end of 2010 — 11.2 percent more than they did a year earlier.

Based on above, Polaris Software is one company that is poised to do well in the years to come considering the fact that the company derives a major bulk of its revenues from United States, Europe and Asia-Pacific.

Polaris Software a debt free company having a Marketcap of Rs.1350 crores is the world’s most sophisticated banking and insurance software company. Polaris is the chosen outsourcing partner for 10 of the top 15 global banks and 6 of the 10 top global insurance companies. Polaris offers state-of-the-art, comprehensive solutions for core banking, corporate banking, wealth & asset management and insurance. Over the last two decades, Polaris has implemented its solutions and services among 200 of the world’s largest financial institutions.

Polaris Software Lab expects to generate revenue of around $100 million (nearly Rs 450 crore) in the next five years from its FT Grid (financial technology grid) offering, which the company launched recently, claiming it to be the world’s largest ‘cloud’ offering with capacity to handle 100 million customers.

The FT grid will enable the Chennai-based software company to offer its financial technology infrastructure and banking products on a pay-per-use (cloud) model to banks and financial institutions. Using FT Grid, the company would deliver ‘sachet banking’ — a concept similar to sachet shampoo — to tap smaller clients such as cooperative banks. The service would be offered in multiple languages, including Hindi, Tamil and Telugu.

Polaris has entered into a three-year agreement with US-based IdenTrust and IT major IBM to provide reliable and scalable IT infrastructure for FT Grid.

FT Grid will be offered /available in three distinct variants :

1.FT Grid 7010 would be available for India, Bangladesh, Africa and Vietnam
2.FT Grid 8010 will be for capital markets for European clients.
3.FT Grid 9010 US, Canada and Australia.

Polaris has already offered the new platform on a private cloud to Deutsche Bank in Germany. It is also in talks with Andhra Pradesh Co-operative Bank; a bank in the US, and another Cooperative Bank in Kerala, said Mr Jain

Company has an Equity base of Rs.49.6 crores on which it does business of something close to Rs.1500 crores p.a. As on 30 June 2011, Polaris had Rs.177 crores cash and investments to the tune of Rs.252 crores.

The company generated total revenues of Rs.1438 crores in FY2010-11 as against Rs. 1139 crores in PFY, up by 26.25 pc. PAT shot up from Rs.130.64 crores in FY2009-10 to Rs. 187.02 crores in FY2010-11, up by 43.15 pc. Even in Q1FY12 company did revenues of Rs. 455 crores as against Rs.369crores in Q1FY11, up by 23.3 pc. However, PAT was down by 4.5 pc to Rs.44.5 crores in Q1FY12 as against Rs.46.6 in corresponding quarter of previous year.

The company pays a dividend of Rs.4.50 per share and at CMP of Rs.136/share the dividend yield works out to 3.3 pc. A good entry point would be in the range of Rs.110-120. At CMP, P/BV is 0.7 and PE is around 7 only.

The company has 20 subsidiaries out of which 6 are based in India and the rest in different parts of the globe.

Going forward, Polaris Software will continue doing well under the dynamic leadership of Arun Jain, Chairman and CEO of the company.

NIFTY LEVELS - INTRADAY TREND ANALYSIS FOR SEPT 20, TUESDAY

Amid weak global cues market had to suffer due to selling pressure in Banking and Metals stocks. Spot Nifty lost 52.30 points and ended at 5031.
Nifty Futures slipped down to 5041.90 level.
Market is likely to remain positive for tomorrow if it manages to sustain above 5070 mark and may test the levels like 5096-5110. While below 5009 market is looking bearish. Next support below this level is 4950

 Buy  Nifty Futures above 5059 Target- 5075-5090-5115 SL- 5018  .else Sell below 5009.

STOCKS IN NEWS FOR THIS WEEK

* As per market grapevine, a big operator is planning to enter DB Realty and may lead to a vertical rise in its share price in the near future. Keep a close watch.

* Electrotherm (India) is looking to sell its pipe division and may finalize the deal shortly. Keep accumulating at sharp declines.

* Investors are advised to exit Tonira Pharma given its proposed merger with IPCA Labs. Scrip may correct sharply after the announcement as swap ratio may be skewed in favour of IPCA Labs.

* At the current market cap of Rs.2500 crore, IFCI is witnessing strong support. Scrip seems to have bottomed out and can be bought for 3-6 months.

* Some analysts are bullish on KNR Constructions and expect an EPS of Rs.25-27 in FY12. The share is poised to touch Rs.150.

* LG Balakrishna, which posted an EPS of Rs.59 in FY11 is faring well in FY12 on the back of the booming auto industry. Circles close to the management expect an EPS of over Rs.75 on its tiny equity. It is also a strong bonus candidate and the share is expected to touch Rs.400 in the medium-term.

* Repro India is expected to register an EPS of Rs.40 in FY12 backed by its expansion. Technically, the counter is strong. The share is poised to touch Rs.200 mark.

* Pradip Overseas has chalked out a major expansion of Rs.300 crore. With a likely EPS of Rs.18-20 in FY12, the share is an excellent buy.

* DIC India, an MNC belonging to Dai Nippon Chemical (DIC) of Japan is all set to post an EPS of Rs.35 in CY11. The share is likely to touch Rs.300 mark in the short-term.

* Manaksia is doing well and is all set to register an EPS of Rs.20 on a small equity of Rs.13 crore. The share can be bought for decent gains in the long-term.

* Bharat Gears, which fared well in FY11 and Q1FY12, is all set to clock an EPS of Rs.15 in FY12. The share is worth buying for 33% appreciation.

* Munjal Auto Industries, which posted a Q1FY12 EPS of Rs.10, is likely to post an EPS of Rs.40 in the current fiscal. An analyst tracking the share expects its share price to touch Rs.250 mark.

SHORT TERM BUY - REVATHY CP

Revathi CP Equipment

BSE: 505368   NSE: REVATHI  CMP: 358.00.  Buy revathi cp equipment at below 355.00 levels for a short term target of 385.00 with a stoploss of 347.00

NIFTY LEVELS - INTRADAY TREND ANALYSIS FOR SEPT 19 - MONDAY

Market was ranging between 4900-5150 last week and close at 5087 levels with moderate gain of 34.5 points up by 0.68% wow basis. As expected RBI hiked repo rate by 0.25 basis points @ 8.25%, reverse repo rate adjusted to 7.25% and CRR kept unchanged.
For the coming week Nifty is facing resistance at 5180 levels and above this 5250-5300 will be the next levels for market.
Support comes in the range of 5000 levels and below this 4950 and 4880 will be the lower levels for market.

SHORT TERM BUY - AXIS IT & T

AXIS IT&T

BSE: 53239   NSE: AXIS-IT&T   CMP: 91.00 . Buy AXIS IT&T around 90.00 levels for a short term  one month target of  105.00 with a stoploss of 85.50

SHORT TERM BUY - GREENPLY IND

Greenply Industries

BSE: 526797   NSE: GREENPLY  CMP:  196.00. Buy greenply industries at 195.00 levels and on dips for a short term one to two months target of 213.50 with a stoploss of  188.00. can hold for medium term also for a target of 240.00 in few months time.

SHORT TERM BUY - GIPCL

Gujarat Industries Power Co.

BSE: 517300   | NSE: GIPCL CMP :78.00. buy GIPCL around  76.00 - 77.00 levels for a short term target of 90.00and medium term target of 102.00 and long term target of  148.00.this stock is already recommended as multibagger with full details.fundamentally strong scrip can accumlate at current levels.

SHORT TERM BUY - MODISON METALS

Modison Metals

BSE: 506261 CMP: 34.00 .Buy modison metals around  33.50 for a one to two months target of 38.50 with a stoploss of 31.00

NIFTY LEVELS - INTRADAY TREND ANALYSIS FOR SEPT 15 - THURSDAY

As we anticipated in our earlier post that Market would see some positiveness today and the same happened today. Nifty responded positively on European cues and Short coverings help the market to recover last three days losses. Spot Nifty could able to cross 5000 mark and ended up at 5012.55 adding 71.60 points. Nifty futures settled at 5029 up by 1.77%.
Market is likely to continue this trend further and if Nifty sustains above 5055 mark, It may touch 5080-5120 soon. Downside support is near 4984 and next support is 4949.

LONG TERM BUY - BGR ENERGY

BGR Energy Systems

BSE: 532930  NSE: BGRENERGY  CMP : 317.00

BGR Energy Systems Limited designs, engineers, manufactures, sell and services a range of systems and equipment for the power, oil & gas, refinery, petrochemical and process industries. The Company also engineer, manufacture, procure, construct, and commission projects in those same industries, which involves turnkey responsibility, including all civil works required.
BGR Energy is a good play in mid-cap space. Its currently trading at a P/E of less than 8 with good dividend yields of over 2%.  Manageable liabilities. Revenues have grown from 775 Crores to 4760 Crores in the last 5 years. Profits have grown more from 39 Crores to 324 Crores in the same period. NPM has risen from 5% to close to 7% in the last years. Considering recession lows of 120 and profit growth of almost 3 times since then, current levels are good to buy for long term gains.

NIFTY LEVELS - INTRADAY TREND ANALYSIS FOR SEPTEMBER 14 - WEDNESDAY

After a rich start, market could not bear the early gains and erased off all the morning gains on the back of overseas cues. Spot Nifty ended at 4940.95 down by 5.85 points. Today Nifty could able to regain the psychological level of 5000 level and touched an intraday high of 5028.
Nifty Futures deducted 1.45 points from its previous close and closed at 4941. From here we can expect some positiveness in the market if Nifty gains a consistency in trading above 5000 level. Above the same if it able to breach 5040 level, it would call for more upside levels like 5080-5120.
On the downside major resistance can be seen near 4909 level. Below which Nifty could slip below 4900 mark.

MEDIUM TERM BUY - FIRST SOURCE LTD

FIRSTSOURCE   LIMITED

NSE : FSL    CMP: 12.00   Target:  : 25.00   medium term
Firstsource is a global  BPO (business process  outsourcing) service providers, and is ranked #25 amongst the world’s leading Global Outsourcing companies by IAOP. They provide customized BPO solutions to category leading companies in several industries including Banking & Financial Services, Telecom & Media and Healthcare sectors. FSL utilize global delivery model with operations in the USA, UK, India and
The Philippines. They are expanding their Asia business unit. With more than 27000 employees, its revenue earning for FY 2010-211 is US $ 448 million. Total income from operations rose to Rs 523 crore during the
April-June quarter of 2011, compared to Rs 490.70 crore in the same period last year. The volumes have risen by 6.6% on a yearly basis. FSL sees a significant growth in Asia business unit, which is a positive trend.

In June quarter, they expanded their workforce by 25% by adding 3000 new employees. The expansion of workforce gives light on the increasing work of FSL which shall be reflected in the coming quarters. With expansion in  geographical dimensions, increasing capacity and work load, FSL is bound to grow at a higher rate.  recommend a strong BUY with target of 25 in  4 to 5 months. 

STOCKS IN NEWS FOR THIS WEEK

* The ONGC FPO issue is already attracting attention. The grey market premium on its proxy IPO application form of

Rs.2 lakh is commanding a premium of Rs.4600-4800 in Gujarat. This amounts to a 5% fixed return in only 20 days!

* Sarla Performance Fibres is expected to post an EPS of Rs.30 in FY12 on its small equity of Rs.7 crore. Its share cum 45%

dividend is an excellent buy and a strong bonus candidate too.

* IFB Ago shares are being cornered by the persons in the know. This spirit company is all set to post an EPS of Rs.35 in

the current fiscal and the share is poised to touch Rs.200 mark.

* One analyst strongly recommends the shares of Globus Spirits for the long-term. With an immediate target of Rs.160,

the share is likely to cross the Rs.200 mark in the medium-to-long-term.

* Repro India is expected to garner an EPS of Rs.35+ in FY12. The share is heading for a double century.

* Buy APM Industries and Ambika Cotton Mills as they are doing well in the current year and are likely to fetch a

decent gain of over 50% in the medium-term on their strong fundamentals.

* The shares of Ind-Swift Ltd are going cheap considering its expected sales of over Rs.1000 crore on its small equity of

Rs.8 crore. The share is available at a P/E multiple of just 2.5 on FY12 estimated EPS of Rs.12 on its Rs.2 paid-up share.

* Polyplex Corporation, which posted excellent results in Q1FY12, is all set to post consolidated EPS of Rs.90 in FY12.

Further expansion will push its EPS to Rs.110 in FY13. The share is worth adding to your portfolio.

* Ansal Housing is one share in the realty sector going dirt cheap. Based on the Q1FY12 results, the company is expected

to post consolidated EPS of over Rs.20 in FY12. The share is likely to appreciate by over 50%.

* Surya Pharma, whose plant is approved by the USFDA, is expected to notch an EPS of Rs.5.8 (FV Rs.1) in FY12. The

share is expected to double in the medium-to-long-term.