BSE CODE SCRIP CMP TGT SL 527001 ASHAPURA LTD 72.00 104.00 62.00 509550 GAMMON INDIA 216.00 297.00 183.00 500166 GOODRICKE    132.00 215.00 111.00 500449 HIND.ORG.CHM 37.50 60.00 31.00 532756 MAHIND FORG  101.00 163.00 84.00 500109 MRPL         75.00 98.00 67.00 BHATIYA PARESH J Visit :-http://www.bpj1982.blogspot.com/

Point to watch : EARNINGS: Never depend on single income. Make investment to create a 2nd source SPENDING: If u buy things u don't need, soon u have 2 sell things u need. SAVING: Don't save what is left, but spend what is left after saving. TAKING RISK: Never test the depth of the river with both feet.  INVESTMENT: Don't put your all eggs in single basket BHATIYA PARESH J Visit :-http://www.bpj1982.blogspot.com/

WEEKLY VIEW Last Week was……………… ·         Indices failed to keep the date with 2010 highs and stocks saw some profit booking at the end of the week on global equity weakness. On a Weekly closing basis indices remained flat. Market Level…………………. ·         BSE SENSEX (15757) Support seen @ 17216-17395-17536.  Resistance stands @ 17630-17778-17920.   ·         NSE NIFTY (5269) Support seen @ 5207-5225-5250. Resistance stands @ 5285-5325-5365.   Stock to watch for next Week………….. STOCK                        SUPPORT                    CMP                 RESISTANCE HDFCBANK              1875-1912-1945                1948                 1965-1980-2000 HINDALCO                0137-0142-0146                0149                0150-0154-0159 JINDALSTEEL           0615-0629-0640                0643                 0651-0662-0678 L T                            1708-1728-1755                1761                 1785-1839-1885 SESA GOA               0345-0353-0362                0367                 0368-0375-0385 STERLITE IND           0158-0163-0167                0168                 0169-0173-0177 TATA STEEL LTD      0463-0479-0487                 0490                 0496-0505-0515   Hot Call for next week………………… ·         JSWSTEEL (1043) STOP LOSS 1005-1025 TARGET 1052-1069-1085 ·         ONGC CMP(1264) STOP LOSS 1249 TARGET 1295-1325 . Enter Only above 1275 ·         RELIANCE  STOP LOSS 1045  TARGET 1092-1116 . Enter only above 1078

NEXT WEEKLY VIEW Last Week was……………… ·         Stocks continue to gain momentum on FII support and "no bad news". Indices closed the week just 2% below the 2010 peak. The market sentiment also got a push from possible settlement deal between the two brothers who represent India's largest listed groups. ·         FII turned positive on Indian markets following a semblance of normalcy in global markets and revised outlook to stable by rating agencies of India. FII were net buyers in both the cash and the derivatives segment. DII were marginal sellers. Market Level:- ·         BSE SENSEX (17571) Support seen @17251-17389-17536 Resistance stands @ 17647-177781-7995. Minimum Target seen @ 17778 for next week ·         NSE : NIFTY (5263 ) Support seen @5179-5213-5250 Resistance stands @ 5294-5332-5382. Minimum Target seen @ 5332 for next week. Stock to watch for next Week: ABAN               CMP : 0730          TGT : 0748-0765-0790         SL : 0704 AXISBANK        CMP : 1209          TGT : 1225-1245-1257          SL : 1193 HINDALCO       CMP : 0145          TGT : 0150-0153                   SL : 0142 ICICIBANK        CMP : 0867          TGT : 0883-0906                   SL : 0842 STER                CMP : 0679           TGT : 0696-0708-0734         SL : 0659 Hot Call for next week: TATA STEEL(474) : KEEP STOP LOSS OF 465 TARGET WILL BE 484-496. BHATIYA PARESH J

Take Care in Rollover as there is change in lot size of almost 169 underlying stock in future & option Stock where lot size change by 1.50 times are listed blow where action can be seen in next month or months to come.   SYMBOL     JUNE JULY CHANGE RCOM       700 2000 -1300 TV-18      1825 4000 -2175 BHARTIARTL 500 1000 -500 TATACOMM   525 1000 -475 ONMOBILE   550 1000 -450 PRAJIND    2200 4000 -1800 RELCAPITAL 276 500 -224 NATIONALUM 575 1000 -425 GVKPIL     4750 8000 -3250 BALRAMCHIN 2400 4000 -1600 FINANTECH  150 250 -100 ICSA       1200 2000 -800 MUNDRAPORT 300 500 -200 RELMEDIA   600 1000 -400 GTLINFRA   4850 8000 -3150 MOSERBAER  2475 4000 -1525 GMRINFRA   2500 4000 -1500 DISHTV     5150 8000 -2850 FORTIS     1300 2000 -700 GODREJIND  1300 2000 -700 HINDPETRO  650 1000 -350 IBREALEST  1300 2000 -700 NAGARFERT  5250 8000 -2750 HAPPY INVESTING..............   CALL ON 9327411860 for more details........

MARKET UPDATE :-   FIIs bought 783.92 cr in cash and DII sold 170.76 cr On Daily chart , Advance Block pattern formed and Stochastic is also in overbought Zone ( Above 95 ). Which suggest that correction is over due in market and it's time to book profit at higher level. Res @ 5255. Above it may touch 5275-5295-5316. Use it to book profit. Support @ 5215 - 5200. Below it may slide to 5140-5100. DRV @ 5109 which come up day by day. BHATIYA PARESH J

TARGET ACHIVED.........ENJOY.............. Monday, May 31, 2010 BGR ENERGY SYSTEMS Ltd. CMP Rs.594, Upgraded to Accumulate, with a target of Rs.705 BGR Energy has reported excellent set of numbers for the quarter ended March'10 which was way above our expectations, with Revenue and PAT increasing by 131% YoY and 130% YoY to Rs.16597 million and 1083 million. OUTLOOK & VALUATION BGR Energy is one of the leading players in the BOP space. Increasing thrust to augment power capacities coupled with huge investment outlay by the government over the next 8-10 years would provide huge opportunities to players like BGR. Healthy order-book position which stands at ~3.3x its FY10 sales along with pick-up in the execution of two large EPC contracts provides strong revenue visibility over the next few years. Strong performance by the Company in FY10 has mitigated our concerns on its execution capabilities. At the CMP of Rs.594, the stock is quoting at 16.3x and 12.5x its FY11E and FY12E EPS of Rs.36.3 and Rs.47.0 respectively. Hence considering dynamic industry scenario, healthy order-book position coupled with its strong execution capabilities, we upgrade our rating on the stock from 'HOLD' to 'ACCUMULATE' with a target price of Rs.705. BHATIYA PARESH J