February 2012
no levels today as i am travelling.
wl resume on monday as usual..
STEEL / CEMENT SECTOR WL FACE COAL SHORTAGE ........ if coal india has to supply 80 % requirements of power sector .... THEY WILL STARVE STEEL / CEMENT .... so ... they wl hv to import coal .... effect .... huge jump in COSTS .... means hit on margins ..... so what is NECTAR to one sector is POISON for other two ........ see if u can agree with me ... and take yr positions accordingly .... cheersssssssssss ........
POWER SECTOR / COAL INDIA ......
how many of u really believe that all problems wl get sorted out with PMO directive ..... the coal wl not come thru .... since it has to be physically taken out from mines ...
and that is not easy like raising a few towers and adding millions of subscribers .....
what this directive wl do is grind coal india valuation to dust ..... as they hv to pay difference between commited coal and the shortfall .......
JUST SELL SELL SELL COAL INDIA ........
as regrds to power cos .... nothing changes except sentiment .... in the short term ... they may get some financing as they wl hv some agreements with coal india to show ... and the infra cos wl get some stuck orders .....
i think infra cos are bigger beneficiaries than the power producers ........
| intraday | DATE | 16th feb 2012 | ||
| stocks / indices | go | entry | Target | Stoploss |
| BANK NIFTY | short | 10810 | 10750/690/630/570 | 10870 |
| long | 10870 | 10930/990/11050/110 | 10810 | |
| RELIANCE | short | 831.5 | 828/24.5/21/17.5/14 | 835 |
| long | 835 | 838.5/42/45.5/49 | 831.5 | |
| tata motors | short | 286 | 283/80/77/74 | 289 |
| long | 292 | 295/98/301 | 289 | |
| ICICI BANK | short | 973 | 967/61/55/49 | 979 |
| long | 985 | 991/97/1003/09 | 979 | |
| SBI | short | 2245 | 2225/05/2185/65 | 2255 |
| long | 2265 | 2285/2305/25 | 2255 | |
| LT | short | 1448 | 1434/20/06/1392 | 1455 |
| long | 1462 | 1476/90/1504 | 1455 | |
| axis bank | short | 812 | 803/794/85/76 | 821 |
| long | 821 | 830/39/48 | 812 | |
| GMDC | short | 184 | 181/78/75 | 185.5 |
| long | 187 | 190/93/96 | 185.5 | |
| torrent power | short | 234 | 230/26/22/18 | 236 |
| long | 238 | 242/46/50 | 236 | |
| havells | short | 554 | 549.5/45/40.5/36 | 558.5 |
| long | 558.5 | 563/67.5/72 | 554 |