THE CURIOUS CASE OF RAHUL GANDHI

RAHUL GANDHI EXPOSED BY AN IIT STUDENT

Rahul Gandhi: "I feel ashamed to call myself an INDIAN after seeing what has happened here in UP".

PLEASE DON'T BE ASHAMED OF U.P. YET

Please don't be ashamed of Uttar Pradesh yet. Congress ruled the State for the Majority of the duration Pre Independence to Post Independence.. from 1939 to 1989 ( barring the Periods of Emergency.. Thanks to your Grand Mom Indira G. and a couple of transitional Governments)

8 out of the total 14 Prime Ministers of India have been from UP, 6 out of those 8 have been from Congress...

I think your party had more than half a century and half a Dozen PM's to build a State...

The Reason Mulayam Singh, subsequently came to Power is because your party wasn't exactly Gandhian in their dealings in the State.. So May be If you look at in totality the present chaos in UP is the outcome of the glorious leadership displayed by Congress in UP for about 50 years!

So Please don't feel ashamed as yet Dear Rahul.. For Mayawati is only using the Land Acquisition Bill which your party had itself used to LOOT the Farmers many times in the Past!

WHY DIDN'T YOUR PARTY CHANGE THE BILL WHEN IT WAS IN POWER FOR SO LONG?

Not that I Endorse what Mayawati is doing.. What Mayawati is doing is Unacceptable..

But the past actions of your party and your recent comments, puts a question mark on your INTENT and CONSISTENCY.

YOU REALLY WANT TO FEEL ASHAMED

But don't be disappointed, I would give you ample reasons to feel ashamed...

You really want to feel Ashamed..?

First Ask Pranav Mukherjee, Why isn't he giving the details of the account holders in the Swiss Banks.

Ask your Mother, Who is impeding the Investigation against Hasan Ali?

Ask her, Who got 60% Kickbacks in the 2G Scam ?

Kalamdi is accused of a Few hundred Crores, Who Pocketed the Rest in the Common Wealth Games?

Ask Praful Patel what he did to the Indian Airlines? Why did Air India let go of the Profitable Routes ?

Why should the Tax Payer pay for the Air India losses, when you intend to eventually DIVEST IT ANYWAY!!!

Also, You People can't run an Airline Properly. How can we expect you to run the Nation?

Ask Manmohan Singh. Why/What kept him quiet for so long?

Are Kalmadi and A Raja are Scapegoats to save Big Names like Harshad Mehta was in the 1992 Stock Market Scandal ?

Who let the BHOPAL GAS TRAGEDY Accused go Scot Free? ( 20,000 People died in that Tragedy)

Who ordered the State Sponsored Massacre of SIKHS in 84?

Please read more about, How Indira Gandhi pushed the Nation Under Emergency in 76-77, after the HC declared her election to Lok Sabha Void!

(I bet She had utmost respect for DEMOCRACY and JUDICIARY and FREE PRESS)

I guess you know the answers already. So My question is, Why the Double Standards in Judging Mayawati and members of your Family and Party?

I condemn Mayawati. But Is She the only one you feel Ashamed for?

What about the ones close to you? For their contribution to the Nation's Misery is beyond comparison.

You talk about the Land being taken away from the Farmers. How many Suicides have happened under your Parties Rule in Vidarbha ? Does that Not Ashame You ?

THE 72,000 CRORE LOAN WAIVER

Your Party gave those Farmers a 72,000 Crore Loan Waiver. Which didn't even reach the Farmers by the way.

So, Why don't you focus on implementing the policies which your govt. has undertaken, instead of earning brownie points by trying to manufacture consent by bombarding us with pictures of having food with Poor Villagers....

You want to feel ashamed. You can feel ashamed for your Party taking CREDIT for DEBITING the Public Money (72,000 crores) from the Government Coffers and literally Wasting it...

You want to feel ashamed.. Feel ashamed for that...

WHY ONLY HIGHLIGHT THIS ARREST?

Dear Rahul, to refresh your memory, you were arrested/detained by the FBI the BOSTON Airport in September 2001.

You were carrying with you $ 1,60,000 in Cash. You couldn't explain why you were carrying so much Cash.

Incidentally He was with his Columbian girlfriend Veronique Cartelli, ALLEGEDLY, the Daughter of Drug Mafia.

9 HOURS he was kept at the Airport.

Later then freed on the intervention of the then Prime Minister Mr.Vajpayee.. FBI filed an equivalent of an FIR in US and released him.

When FBI was asked to divulge the information, by Right/Freedom to Information Activists about the reasons Rahul was arrested ... FBI asked for a NO OBJECTION CERTIFICATE from Rahul Gandhi.

So Subramaniyam Swami wrote a Letter to Rahul Gandhi, " If you have NOTHING to HIDE, Give us the Permission"

HE NEVER REPLIED!

Why did that arrest not make Headlines Rahul? You could have gone to the Media and told, "I am ashamed to call myself an INDIAN?".

Or is it that, you only do like to highlight Symbolic Arrests (like in UP) and not Actual Arrests ( In BOSTON)

Kindly Clarify.....

In any case, you want to feel ashamed, Read Along...

YOUR MOTHER'S SO CALLED SACRIFICE OF GIVING UP PRIME MINISTER SHIP in 2004.

According to a Provision in the Citizenship Act.

A Foreign National who becomes a Citizen of India, is bounded by the same restrictions, which an Indian would face, If he/she were to become a Citizen of Italy.

(Condition based on principle of reciprocity)

[READ ANNEXURE- 1&2]

Now Since you can't become a PM in Italy, Unless you are born there.

Likewise an Italian Citizen can't become Indian PM, unless He/She is not born here!

Dr. SUBRAMANIYAM SWAMI (The Man who Exposed the 2G Scam) sent a letter to the PRESIDENT OF INDIA bringing the same to his Notice. [READ LETTER TO THE PRESIDENT IN ANNEXURE -3]

PRESIDENT OF INDIA sent a letter to Sonia Gandhi to this effect, 3:30 PM, May 17th, 2004.

Swearing Ceremony was scheduled for 5 PM the same Day.

Manmohan Singh was brought in the Picture at the last moment to Save Face!!

Rest of the SACRIFICE DRAMA which she choreographed was an EYE WASH!!!

Infact Sonia Gandhi had sent, 340 letters, each signed by different MP to the PRESIDENT KALAM, supporting her candidacy for PM.

One of those letters read, I Sonia Gandhi, elected Member from Rai Bareli, hereby propose Sonia Gandhi as Prime Minister.

So SHE was Pretty INTERESTED! Until She came to know the Facts!

So She didn't make any Sacrifice, It so happens that SONIA GANDHI couldn't have become the PM of INDIA that time.

You could be Ashamed about that Dear Rahul!! One Credential Sonia G had, Even that was a HOAX!

THINK ABOUT YOURSELF.

You go to Harvard on Donation Quota. ( Hindujas Gave HARVARD 11 million dollars the same year, when Rajiv Gandhi was in Power)

Then you are expelled in 3 Months/ You Dropped out in 3 Months.... ( Sadly Manmohan Singh wasn't the Dean of Harvard that time, else you might have had a chance... Too Bad, there is only one Manmohan Singh!)

Some Accounts say, You had to Drop out because of Rajiv Gandhi's Assassination.

May be, But Then Why did you go about lying about being Masters in Economics from Harvard .. before finally taking it off your Resume upon questioning by Dr. SUBRAMANIYAM SWAMI (The Gentlemen who exposed the 2G Scam)

At St. Stephens.. You Fail the Hindi Exam.

Hindi Exam!!!

And you are representing the Biggest Hindi Speaking State of the Country?

SONIA GANDHI's EDUCATIONAL QUALIFICATIONS

Sonia G gave a sworn affidavit as a Candidate that She Studied English at University of Cambridge

[SEE ANNEXURE-6, 7_37a]

According to Cambridge University, there is no such Student EVER! [ SEE ANNEXURE -7_39]

Upon a Case by Dr. Subramaniyam Swami filed against her,

She subsequently dropped the CAMBRIDGE CREDENTIAL from her Affidavit.

Sonia Gandhi didn't even pass High School. She is just 5th class Pass!

In this sense, She shares a common Educational Background with her 2G Partner in Crime, Karunanidhi.

You Fake your Educational Degree, Your Mother Fakes her Educational Degree.

And then you go out saying, " We want Educated Youth into Politics!"

Letters sent by Dr. Swami to EC and then Speaker of Lok Sabha are in ANNEXURE 7_36 &7_35 RESPECTIVELY

Contrast that with Gandhi Ji , who went to South Africa, Became a Barrister, on Merit, Left all that to work for South Africa, then for the Country....

WHY LIE ABOUT EDUCATIONAL CREDENTIALS?

Not that Education is a Prerequisite for being a great Leader, but then you shouldn't have lied about your qualifications!

You could feel a little ashamed about Lying about your Educational Qualifications. You had your reasons I know, Because in India, WE RESPECT EDUCATION!

But who cares about Education, When you are a Youth Icon!!

YOUTH ICON

You traveled in the Local Train for the first time at the Age of 38.

You went to some Villages as a part of Election Campaign.

And You won a Youth Icon!! ... That's why You are my Youth Icon.

For 25 Million People travel by Train Everyday. You are the First Person to win a Youth Icon for boarding a Train.

Thousands of Postmen go to remotest of Villages. None of them have yet gotten a Youth Icon.

You were neither YOUNG Nor ICONIC!

Still You became a Youth Icon beating Iconic and Younger Contenders like RAHUL DRAVID.

Shakespeare said, What's in a Name?

Little did he knew, It's all in the Name, Especially the Surname!

Speaking of Surname, Sir

DO YOU REALLY RESPECT GANDHI, OR IS IT JUST TO CASH IN ON THE GOODWILL OF MAHATMA?

Because the Name on your Passport is RAUL VINCI.

Not RAHUL GANDHI..

May be if you wrote your Surname as Gandhi, you would have experienced, what Gandhi feels like, LITERALLY ( Pun Intended)

You People don't seem to use Gandhi much, except when you are fighting Elections. ( There it makes complete sense).

Imagine fighting elections by the Name Raul Vinci...

It feels sadly Ironic, Gandhi Ji, who inspired Icons like Nelson Mandela ,Martin Luther King Jr. and John Lennon, across the world, Couldn't inspire members of his party/ Nehru's Family, who only seem to use his Surname for the purposes of FIGHTING ELECTIONS and conveniently use a different name on their PASSPORT.

You use the name GANDHI at will and then say, " Mujhe yeh YUVRAJ shabd Insulting lagta hai! Kyonki aaj Hindustan mein Democracy hai, aur is shabd ka koi matlab nahin hai!

YUVRAJ, Itna hi Insulting lagta hai, to lad lo RAUL VINCI ke Naam se!!! Jin Kisano ke saath photo khinchate ho woh bhi isliye entertain karte hain ki GANDHI ho.. RAUL VINCI bol ke Jao... Ghar mein nahin ghusaenge!!!

You could feel ashamed for your Double Standards.

YOUTH INTO POLITICS.

Now You want Youth to Join Politics.

I say First you Join Politics.

Because you haven't Joined Politics. You have Joined a Family Business.

First you Join Politics. Win an Election fighting as RAUL VINCI and Not Rahul Gandhi, then come and ask the youth and the Educated Brass for more involvement in Politics.

Also till then, Please don't give me examples of Sachin Pilot and Milind Deora and Naveen Jindal as youth who have joined Politics..

They are not Politicians. They Just happen to be Politicians.

Much Like Abhishek Bachchan and other Star Sons are not Actors. They just happen to be Actors (For Obvious Reasons)

So, We would appreciate if you stop requesting the Youth to Join Politics till you establish your credentials...

WHY WE CAN'T JOIN POLITICS!

Rahul Baba, Please understand, Your Father had a lot of money in your Family account ( in Swiss Bank) when he died.

Ordinary Youth has to WORK FOR A LIVING.

YOUR FAMILY just needs to NETWORK FOR A LIVING

If our Father had left thousands of Crores with us, We might consider doing the same..

But we have to Work. Not just for ourselves. But also for you. So that we can pay 30% of our Income to the Govt. which can then be channelized to the Swiss Banks and your Personal Accounts under some Pseudo Names.

So Rahul, Please don't mind If the Youth doesn't Join Politics. We are doing our best to fund your Election Campaigns and your Chopper Trips to the Villages.

Somebody has to Earn the Money that Politicians Feed On.

NO WONDER YOU ARE NOT GANDHI'S. YOU ARE SO CALLED GANDHI'S!!

Air India, KG Gas Division, 2G, CWG, SWISS BANK Account Details... Hasan Ali, KGB., FBI Arrest..

You want to feel ashamed..

Feel Ashamed for what the First Family of Politics has been reduced to...

A Money Laundering Enterprise.

NO WONDER YOU ARE NOT GANDHI'S BY BLOOD. GANDHI is an adopted Name. For Indira didn't marry Mahatma Gandhi's Son.

For even if you had one GENE OF GANDHI JI in your DNA. YOU WOULDN'T HAVE BEEN PLAGUED BY SUCH 'POVERTY OF AMBITION' ( Ambition of only EARNING MONEY)

You really want to feel Ashamed.

Feel Ashamed for what you ' SO CALLED GANDHI'S' have done to MAHATMA'S Legacy..

I so wish GANDHI JI had Copyrighted his Name!

Meanwhile, I would request Sonia Gandhi to change her name to $ONIA GANDHI, and you could replace the 'R' in RAHUL/RAUL by the New Rupee Symbol!!!

RAUL VINCI : I am ashamed to call myself an Indian.

Even we are ashamed to call you so!

P.S: Popular Media is either bought or blackmailed, controlled to Manufacture Consent!

My Guess is Social Media is still a Democratic Platform. (Now they are trying to put legislations to censor that too!!)

Meanwhile, Let's ask these questions, for we deserve some Answers.

For we are all Gandhi's. For Bapu is the Father of the Nation!

To know more, Try looking for Dr. SUBRAMANIYAM SWAMI. He is the reason today 2G SCAM is being Investigated!!!

YOURS SINCERELY

NITIN GUPTA ( RIVALDO)

B.Tech, IIT Bombay

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Bryan Rich-A Global Recession Is On The Way

Over the past several weeks it’s become clear that the global economy is turning down …

*Japan returned to recession last month. So did Denmark.

*Malaysia, Botswana, Ireland, Australia, Portugal and Norway all posted negative GDP growth in the most recent quarter.

*The euro zone, laden with insolvent countries, is growing at just 0.8 percent. And Germany, the star of the euro zone, is only growing at 1.5 percent — well below its trend growth.

*And there is an increasing likelihood that Europe is in store for a destabilizing economic shock — through a euro member sovereign debt default or a member departure from the monetary union. At best, euro-zone countries could get another extension to put off those aforementioned scenarios, through even more stifling austerity measures.

Given that backdrop, Europe could be quick to follow Japan and Denmark into recession.

As for the UK: The new coalition government came in last year slashing spending and raising taxes in order to curtail its bulging deficit. Yet its deficit has barely budged. Nor has its economy. In fact, it’s flat lined for the past six months — no growth.

How about the Largest Economy in the World?

This was expected to be a gangbuster year for the U.S. recovery, many private economists were foreseeing above 4 percent growth — some estimates were as high as 5 percent. But it’s turning out to be quite different …

The annualized growth for the first quarter is coming in at just 1.8 percent! That’s not only well below expectations, but well below the country’s historical growth trend, even following unprecedented government stimulus.

That was last quarter. This quarter is looking even worse …

• The U.S. housing market is at new post-bubble burst lows, exceeding the decline marked in the Great Depression.
• Manufacturing activity just recorded the worst slide since 1984.
• Confidence has plunged to six month lows.
• And employment growth has now slowed sharply.

At Least We Have China to Lean on, Right?

Not so fast.

Throughout the global financial crisis where more than 60 countries were simultaneously in recession, China’s economy still put up solid — in some cases, eye popping — growth. Of course, it took the largest fiscal stimulus package in the world (relative to GDP) to produce that growth. But it was in China’s direction where the rest of the world looked, to spearhead a global recovery.

This time, this downturn, China won’t be there to open up the spigot of money on its economy. Nor will China have such easy money to spread around the world. Its economy is already overheated. That’s why the Chinese have been in a fight to shut the spigot and mop up the money. And it’s proving a difficult fight.

Moreover, this time a recession would be accompanied by a sovereign debt crisis that could make the fallout that followed the failure of Lehman Brothers look like just the opening act.

But the next wave of economic pain shouldn’t take anyone by surprise. In fact, history shows us it’s exactly what we should be expecting following a widespread synchronized global financial crisis and global recession … more booms, more busts, more shocks and a long bumpy road to recovery.

In sum: If the recent data is truly signaling another round of recession, and if the crisis in global sovereign debt does, in fact, play out according to history (i.e. defaults), then expect this round of economic downturn to be worse than the first. After all, the global government ammunition that created the first technical recovery has been all but exhausted.

With that scenario in mind, the answer on whether global investors should be in “risk-on” or “risk-off” mode is pretty simple.

US Banks Are Breaking Key Supports, signalling a bigger fall (Mike Larson)

Bank stocks have just crashed through key support zones ... broken down to new lows for the year ... and started on a beeline for their worst levels of 2010.

That's what my KBW Bank Index chart is showing you — in aces and spades. It's telling you that the 24 major banks it tracks — includingBank of America, Citigroup, Wells Fargo, and JPMorgan Chase — are getting slammed.

But this is more than just about banks. It's also a stark warning for other financial stocks, housing stocks, and ultimately, most of the U.S. stock market.

Why do bank stocks matter? Because banks are the heart and soul of our economy. They make the loans that consumers use to buy houses, cars, and computers. They provide the liquidity to businesses who want to finance inventories, build factories, and construct office towers.

Problem: They're loaded up with millions of foreclosed homes, lousy real estate loans, and other bad assets. Yes, the Fed managed to paper over the banks' problems for a while. But now, the jig is up. House prices have just set new lows, and the bust is back with a vengeance.

Many investors are going to lose fortunes ... just like they did the LAST few times bank stocks crashed. But YOU don't have to take this lying down! You can go on the offense.

What to Do

When blockbuster news like this explodes into the headlines, you really have only two choices: You can either run for cover or come out fighting and by doing so, grab huge profit potential.

The last time this happened, savvy investors who went on the offensive could have made fortunes with investments that are designed precisely for this situation.

Needless to say, not all investments can go up that far in such a short period of time. Nor can we go back in time to grab them now. But this next phase of the debt crisis is shaping up to be even worse than the last one.

The last phase impacted mostly consumers and corporations. This one is also impacting the U.S. government!

The last time, the government bailed out the failing companies. This time, the government itself seems to need a bailout of its own and there's no one on the entire planet rich enough to provide it.

Citigroup

India Equities-Such Gloom.....

India has been a difficult market. It is down 9.3% YTD and is about the worst performing regional and global market, and investor sentiment – global and domestic – is fairly pessimistic. While market performance is often a cause for investor disenchantment with the market, there are a slew of real macro and micro issues that justify the bearishness.

These include risks to growth, a challenging macro environment, with high and rigid inflation and rising interest rates, and the stalled investment cycle. This is in large measure because of a lack of policy making/execution standstill at the government’s end, and the infrastructure deficit, which is stoking inflation. These pressures are being compounded by the growth/investment challenges that higher Interest rates bring. There is not surprisingly an extrapolation to earnings, which are perceived to be at meaningful risk.

While a few of these pressures are global – cost pressures and the risk of inflation –the majority of them are India specific in nature and the reason for the India bearishness. In addition, there is the overhang of the funds outflows – India received almost $30bn in 2011 (167% of its previous net inflow peak), and even though the market is down 9.3%, only about $356mn has moved out…suggesting there remains meaningful risk of substantial outflows (we estimate the value of foreign equity ownership in India at about $280 bn).

We do however believe India’s structural problem lies in profitability, and its relatively high ROE structure, which we believe will be under threat and will erode over the medium term. Our view is premised on what we believe is a) excessive competition – both from domestic players as also global ones, which only get exacerbated as the growth differential with developed markets gets entrenched, b ) easier access to capital (medium term, rather than in the immediate term) – which will drive capacities and growth, but lower returns structures, c) and return thresholds being relaxed by incumbents and new entrants, as they seek market share and presence and are prepared to trade off profitability. Over the longer term, we believe the cost of capital differential will also moderate as capital chases some of India’s relative growth differential, but that is not for now.

This is already visible in market ROEs – India’s recent lows (after an aggressive bout of capital raising) are lower than its previous lows. And we believe going forward, India’s ROE’s will turn down well short of their previous highs. This is already visible in relative ROEs – with India’s premium to peers at a relative low.

We also believe this fundamentally means that India will de-rate over the medium term, or a 2-4 year period, as its historically high (absolute and relative) multiples no longer have the support of relatively high multiples. We do not however believe it will happen in the next 6-18 months – as ROE’s are on leverage and cyclical upswing post capital raising and capacities, but they will catch up.

stocks look good:

COROMANDEL @ 317
BOC @ 285
RIIL @ 553
RELCAPITAL @ 510
RCOM @ 89
COALINDIA @ 402
BFUTILITIE @ 747
SESAGOA @ 283

stock idea:
SOUTHBANK looks good for 3-5% gains in very short term... cmp 24.95
buy on dips

stocks look good
MANAPPURAM cmp 115
KEC cmp 82
CILNOVA cmp 15.50
KSL cmp 81
JINDALCOT cmp 107
KAVVERITEL cmp 129
EIDPARRY cmp 218
WALCHANNAG cmp 126
INDHOTEL cmp 82
EICHERMOT cmp 1355

buy on dips and keep booking profits

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stocks look good

FORBESCO cmp 397

VENKEYS cmp 619

SURYAPHARMA cmp 21.35

INEABS cmp 533

COX&KINGS cmp 369

PROVOGUE cmp 36

ABIRLANUVO cmp 884

BARTRONICS cmp 61

book profit on rise

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stocks look good:

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BAJAJFINSV @ 488

IFCI @ 46

TATACOFFEE @ 835

GNFC @ 100

TIMEX @ 37

Book profit on rise ....

Goldman Sachs

India Research

It is a GS contention that FY12 earnings for Sensex companies have been over-estimated by as much as 22 per cent by consensus street analysts. If FY12 Sensex earnings come a cropper at just about Rs 1050-1100 then a very shaky base case for the Sensex would be 15000-16000.

Construction, Real Estate, Infrastructure and Cement will be the biggest sufferers in a stagflation scenario. Top sells will include SBI, BOI and ACC.

Scenario to 7.5% and 6.9% GDP growth

We have run two scenarios for our coverage in India. The first assumes a further 75bps hike to rates, oil prices of $115/bbl and GDP growth of 7.5% in FY2012. The second, more aggressive scenario, assumes a further 150bps hike to rates, oil prices of $130/bbl and GDP growth of 6.9% in FY2012. Under the first scenario, we conclude that our average earnings would be cut by 6.4% (taking them 16% below current consensus) and under the second scenario, our earnings would be cut by 12.4% (going to 22% below consensus).

GS forecasting 7.5% inflation in FY 2012

Our ECS team has increased their forecast for inflation from 6.7% to 7.5% for FY12. In this note, we explore how inflation has impacted corporate profitability and valuations in previous cycles and seek to identify companies that could be shielded in a difficult macro environment.

High inflation a harbinger of lower growth, lower margins and compressed multiples

Previous periods of high inflation in India have led to a 200bps compression in EBIT margins, 250-300bps compression in net margins and a 15% contraction to earnings multiples. Against this backdrop, we note that consensus is forecasting a 70bps improvement to EBIT margins and a 30bps improvement to net margins in CY2011E. Our earnings forecasts for our coverage group are 10% below consensus in FY 2012.

We expect consensus earnings to decline in the months ahead. In this note we seek to identify companies that are relatively insulated from a dynamic of decelerating growth, as well as those particularly exposed to the same.

Trading Ideas:

buy BHUSANSTL cmp on every dip hold 448 for tgt 470+

sell SBIN below 2400 sl 2420 tgt 2380-2350

Nifty
Last close: 5,565
Target: 5,200

The Nifty has been moving sideways for the last three trading days, and was unable to even test its upside resistance so far. The overall trend continues to remain bearish, and the weekly MACD has also now turned negative which is a further bearish sign. So on the upside, one can expect resistance around 5,640-5,720. A close below 5,430 will accentuate the fall, with a potential downside target of 5,200.

Grasim
Last close: Rs 2,360
Target: Rs 2,430

Grasim has logged a higher high for the third straight day. The stock is likely to get considerable support around Rs 2,330 on the downside, while it can target Rs 2,420 on the upside.

Hero Honda
Last close: Rs 1,773
Target: Rs 1,860

Hero Honda has bounced back sharply from its recent low of Rs 1,575-odd levels, around the medium-term (50-days) DMA, in the last six trading days. The stock has now once again closed above the 200-DMA. The stock is likely to find near term support around Rs 1,735, and on the upside can target Rs 1,860.

Hindalco
Last close: Rs 204
Target: Rs 220

Hindalco seems to have found support around the weekly medium-term moving average around Rs 197-odd levels. The stock may now face some resistance around Rs 207, above which it is likely to rally up to Rs 220.

Hindustan Petroleum
Last close: Rs 387
Target: Rs 350

Hindustan Petroleum (HPCL) is testing its crucial support around Rs 376-odd levels for the last two trading days. However, the MACD is on the verge of turning negative, hence one needs to watch the Rs 376-level closely. A close below the same, could trigger a fresh fall with a downside target of Rs 350-odd levels.

Technical View :

Nifty
Last close: 5,541

The markets rallied in the first half of the day, but re-treated from much-below the resistance zone on the Nifty. The NSE benchmark index touched a high of 5,593, as against crucial resistance around 5,630-odd levels. Tuesday's movement reinforces, the strength of the bears, and the 5,630-odd level will continue to remain the short-term hurdle for now. On the other hand, the index looks like consolidating within the 5,450-5,650 range for some time now. Most of the momentum oscillators continue to remain in sell mode, hence traders and investors should exercise caution on the long side of the trade.

Crompton Greaves
Last close: Rs 241
Target: Rs 255

The stock is trading in fairly oversold zones, and the Stochastic Slow has given a positive cue. Look the buy the stock, with a strict stop of Rs 235, and on the upside the stock can jump to Rs 255, with a potential target of Rs 270-odd levels on the higher side.

Essar Oil
Last close: Rs 131
Target: Rs 140

Essar Oil has been consolidating around its long-term (200-day) DMA for the last four trading days. Select momentum indicators have turned positive for the stock, and it can spurt to Rs 134-odd levels. For further strength, the stock needs to close above Rs 134, and then possibly target Rs 140.

TCS
Last close: Rs 1,139
Target: Rs 1,225

After a brief consolidation, TCS seems ready for a fresh pull-back. The recent low of Rs 1,120-odd levels can be looked as a reference point for fresh longs. The bulls with have the upper hand, above Rs 1,145, with a first target of Rs 1,170, and thereafter a rally up to Rs 1,225 can be expected.

Technical view :

(NIFTY)

The overall bearish outlook remains the same, with the short-term (20-day) daily moving average also now dipping below the long-term (200-day) daily moving average. Currently, since we are closer to oversold zones, there could be some sort of consolidation before the next move on the downside. The first hurdle on the way up is placed at 5,633, above which the index will have to counter the all-importance resistance around 5,750. On the downside, the index can be expected to get support around 5,470-5,450. A close below, the 5,450 could spell fresh trouble for the markets, with odd side targets of closer to 5,200-odd levels.

Century Textiles
Last close: Rs 342
Target: Rs 360

Century Textiles moved above its lower end of the Bollinger Band, with a 3 per cent gain. The stock is attempting to make a higher low. The downside support for the stock exists at Rs 325, a break of Rs 342, could trigger fresh buying with an upside target of Rs 360 in the short-term.

JSW Steel
Last close: Rs 897
Target: Rs 960

JSW Steel, too, seems to be in a bounce back mode. One can place a stop loss at Rs 870, and look to go long at the counter in case of a dip. On the upside the stock can rally to Rs 960-odd levels in the coming days.

Market News :

The Tube Investments of India Ltd (TII), part of the $3.03 billion Murugappa group, is planning greenfield facilities to manufacture bicycles, tubes and chains. The company has said it would invest around Rs 600 crore to set up these facilities

Reliance Industries (RIL) has debunked charges that KG-D6 gas field output fell due to non-drilling of an adequate number of wells, saying the phenomenon was a result of reservoir complexity and indiscriminate drilling would have lead to infructous

Kolkata-based Shree Ganesh Jewellery House Ltd (SGJHL) is looking for acquisitions of brands abroad. According to a top official, the company is already in talks with some European brands and the size of the acquisition would be about $50 million

Power Grid, the country’s largest transmission firm, is expected to finalise a contract for leasing out its tower infrastructure for telecommunication by the end of May

NIFTY Technical :

After a range-bound April, we saw a nervous start to May as the markets broke below the long-term (200-day) Daily Moving Average (DMA), precisely 19,160 on the Sensex.

The BSE benchmark index plunged almost 1,100 points in intra-week deals, to a low of 18,160, and then recovered partially to end the week with a loss of 617 points (3.2 per cent) at 18,519. Selling pressure from foreign investors coupled with some disappointment on the earnings front were couple of reasons for the weakness.

The Sensex after a nervous start has broken all its crucial support on the moving averages and also on the monthly Fibonacci chart. According to the chart pattern, the Sensex is likely to face stiff resistance around 18,770-19,150. On the other hand, monthly Fibonacci chart indicate considerable resistance around 18,820-18,950. So, all-in-all, it seems a difficult road on the upside.

On the downside, the index has taken support precisely at 18,160 which happens to be a key support according to the quarterly Fibonacci chart. If the index were to break 18,160 then we could see further downside targets of 17,780 and 17,125 in the coming weeks.

A look at the NSE chart, too, indicate a similar picture. With more than three closes below the 200-day DMA, we are back in the so-called bear market, which means the late March and early April rally for an exit opportunity for those who were stuck in the sudden fall.

The short-term (20-day) DMA is on the verge of slipping below the long-term DMA, which will re-enforce the strength of the bears. According to the daily chart, an upside for the Nifty seems to be capped around 5,750 for now.

The weekly charts indicate there could be some sideways movement with the index range-bound within 5,350-5,750 band. The knock-out punch may come from the monthly charts, which indicate that a close below 5,420, can trigger a massive fall up to 4,700-odd levels.

Market News :

Bhushan Steel said on Saturday its board had approved raising up to $1 billion through an issue of securities

Indian financial services firm Religare Enterprises has filed for regulatory approval to raise up to Rs 800 crore ($179 million) through a rights share issue, the company said in an exchange filing late on Friday

Tube Investments of India Ltd (TII), part of $3-billion Murugappa group, is planning to set up green field facilities to manufacture bicycles, tubes and chains. The company has said it would invest around Rs 600 crore in these facilities

Piramal Healthcare Ltd (PHL), owned by Ajay Piramal, has entered into the financial services sector by announcing plans to launch two non-banking finance companies (NBFCs)

Jaguar Land Rover, owned by the Tata Group, is investing £5 billion ($8.2 billion) in product development and new equipment over the next five years, according to a media report

Lupin: Mumbai-based company looks for a second acquisition in Japan for $50-100 million

Life Insurance Corporation (LIC) has acquired additional over 2% stake in power equipment maker BHEL from the market for Rs 2,205 crore to become the second-largest shareholder in the PSU after the government

Amrutanjan Health Care today said it has fixed Rs 900 per share as the price for its buyback offer for equity shares

IT company Educomp said it has joined hands with Great Lakes Institute of Management to provide e-learning education and the two partners will invest Rs 150 crore in the venture in next five years

Dated MAY 7, 2011

Fundamental call:

accumulate EDUCOMP cmp 443... tgt 500+

Stock Idea

buy ABAN abv 582 upside looks 600

buy DLF cmp 215 support @ 210 upside looks 230

Dated MAY 6, 2011

Technical view (NIFTY):

With the Nifty testing its downside support of 5,450, and down for the ninth straight day on Thursday, the index seems now overdue for a bounce back. As per Fibonacci, in most cases any particular trend tends to reverse on the 4-8-10th trading day. Friday is the tenth trading day in the current down trend. Also, if one were to draw a trend line support from the twin-lows of February, which were 5,178 and 5,232, on February 11 and February 25, respectively, then it gives us support of 5,440 or so, which is precisely the low on Thursday. Hence, it now becomes more crucial for the markets to bounce from current levels, or we could slip further down towards 5,350 - the March 21 lows. Select momentum indicators are just about hitting oversold zone, but worry on the negative side, is that the Nifty continues to drift below its lower end of the Bollinger Band. In other words, the index needs to close above 5,530 on Friday, for a sustained bounce to follow

Dated MAY 1, 2011

Sock Idea : STERLITE INDUSTRIES

Sterlite's 1,200 MW Jharsuguda plant to go on stream by Sept

Vedanta Group firm Sterlite Energy today said its 1,200 MW thermal power plant at Jharsuguda in Orissa will go on stream by September.

The commissioning will take Sterlite Energy's generation capacity to 2,400 MW in the same location.

"The Vedanta Group is engaged in commissioning 2,400 MW from the location; some 1,200 MW is already commissioned and the remaining is expected to go on stream by September 2011," a source said.

The two power plants along with another 1,215 MW plant, owned by Sterlite Energy's sister firm Vedanta Aluminium for captive use, will turn Jharsuguda into one of the single largest power generation locations in the country.

While Sterlite Energy's plants are independent power producers, Vedanta Aluminium's power plant is meant for firing its smelter.

Vedanta is setting up a 1.75 million tonne per annum smelter at Jharsuguda.

"Huge coal reserves and abundant water make Jharsuguda an attractive destination for power generation. This apart, it is also well-connected with railways and roads," the source said justifying Vedanta Group firms' investment in the locality.

There are various medium to large scale aluminium, iron and steel units in the vicinity increases the power demand, he said, adding that the cost of capital in the region for putting up a power plant is also lower compared to the benchmark of $45-50 million per mega watt (MW).

Dated April 29 2011

Fundamental Pick:
accumulate INGERRAND cmp 508 on every dip & hold for tgt 550+

Dated April 29, 2011

accumulate MONNETISPA @ 510-520 .. hold for tgt 550+

April 24, 2011

join our 'Fire Calls' package ... just Rs. 5000 p.a.
only 3-4 calls in a week, minimum returns 2% in each calls
Fundamental calls will also be given occasionally...
Don't miss the opportunity!

contact @ rajesh_kash2000@yahoo.com

March 28, 2011

Positional calls:
buy SINTEX cmp 144 tgt 152-155+
buy CROMPGREAV cmp 268 tgt 275-278+
buy IFCI cmp 53.65 tgt 57+

March 18, 2011

Commodity Calls:
buy CRUDE abv 4590 sl 4540

Equity Calls:
buy BIOCON cmp 331 tgt 335+
buy EDUCOMP cmp 414 tgt 420+
buy AMTEKINDIA @ 77-78 sl 75 tgt 81+
sell WIPRO @ 443 or abv sl 452
sell RELIANCE @ 1032 or abv sl 1050
BHEL, APIL, LUPIN also look good .... for intraday
keep booking profits on every high !

March 17, 2011

COMMODITIES CALLS:

CRUDE buy given @ 4448 book @ 4540; Profit in 1 lot Rs. 9200
COPPER buy given @ 422 hit 436; Profit in 1 lot Rs. 14000
LEAD buy given @ 118 hit 121+; Profit in 1 lot Rs. 15000
ZINC buy given @ 104 hit 105.90; Profit in 1 lot Rs. 5700
NICKEL buy given @ 1137 hit 1176+; Profit in 1 lot Rs. 9750

Total Profit Rs. 53650

For Commodities Calls.. call me RAJESH SHARMA @ 9717161758, 9555683590, 9911029393

Dated 17 March 2011

buy BOMDYEING on panic dips cmp 356 tgt 365+
buy HAVELLS on panic dips cmp 355 tgt 365+
sell JISLJALEQS cmp 184 sl 190 book on dips