Welcome to SUMAMURA

November 2010

Thursday, November 11 2010

INTRA DAY   date 11th nov 2010  
stock go entry targets stoploss
BANK NIFTY short 13015 12980/45/10/875/40/05 13050
long 13050 13085/120/155/190 13015
RELIANCE short 1102 1098/94/90 1106
long 1106 1110/14/18/22 1102
TATA MOTORS short 1351 1340/29/18 1362
long 1362 1373/84/95 1351
REC short 369 366/63/60 370.5
long 372 375/78/81 370.5
PFC short 368 365/62/59/56 369.5
long 371 374/77/80/83 369.5
ICICI short 1253 1244/39/34/29 1260
long 1260 1265/69/73/77/81 1253
SBI short 3217 3204/3191/78/65 3230
long 3230 3243/56/69 3217
tata steel short 638 634/30/26 640
long 642 646/50/54 640
LT short 2155 2145/35/25/15 2166
long 2166 2175/84/93/2202/11 2155
IND HOTELS short 105 103/01/99 106
long 107 109/11/13 106


Thursday, November 11 2010

nifty  spot intra

 short / long - 6298 /6310
 
 stoploss - opposit
 
 L targets - 6322/34/46/58/70
 
 S targets - 6286/74/62/50

Wednesday, November 10 2010
VISHAL VYAS: i am little bit confused for your view on tatamotors.. u r bullish from these levels or bearish ?? Last message received on 11/10 at 11:47 AM madhav ranade: i am cautious ..... i am saying ... 150 eps is expected .... but not guaranteed ... so take qtr by qtr ... dont extrapolate and jump the gun ....... the market will correct from time to time and u wl get better entry points ....... in the ultra short term ... i am bearish ... since i am expecting stock to correct from these levels ..... see it has come to 1312 .... as i am typing ......

Wednesday, November 10 2010
TATA MOTORS ..... contd in such a fluid situation ..... 8 to 10 times projected year end eps is max what anyone shud pay and we MUST repeat MUST refrain from giving usual P/E multiple at any stage ...... PIIGS hv not improved and infact ireland is causing enormous problems to EU .... i will say that when the euphoria is over the stock may correct 5to 10 % which can be a good short term entry point ...... in the meanwhile wait for 15th when tata motors announces its global sales figures as these r far more important than montly domestic figures ...... hold on to your bear ratio spread .... u may hv a windfall gain on hands if JLR nos r not so good for october .......

Wednesday, November 10 2010
TATA MOTORS .... contd .... indian operations are not adding much meat to eps now .... infact it is a DRAG ....... so now we shud not look at INDIA growth story while looking at tata motors as a stock. when the world economy is so uncertain ... and the results are so highly leveraged towards JLR sales nos ---- 10 % cut wl result into 35 % dip in profits ---- i will like to see atleast the sales figures on the table before taking a call on next 6 months earnings etc ....... udayan was referring to analysts not understanding JLR business etc ... may be he was referring to excel sheet analyst breed - who really dont understand any business for that matter. we must believe our gut feeling and refuse to pay top money on the table till u see performance ...... to be contd .....