Technical Calls

Dear Friends,

Today I have given 2 stocks chart which 1 making 52 week high & 2nd making 52 week low. In such crucial move what we have to do? 
Bharti Airtel heavily sold from 400 to 260 & breaking 2 yr support 255 now trading at 248. 
Tcs is india's top IT company which currently trading at 1325 with new 52 week & All time high.

In  Bharti Airtel  who has old investment but still hold they can hold till SL 210 or buy till 190

Tcs who has old investment who can slowly trading with good gain with selling at higher & buying at lower with strict SL 1230. hard for any analyst for suggesting any TGT figure but Technically as per pattern it will maximum go up to 1525(approximately) if nifty also on verge breakout of 5450 then go to 5600+. Due to Nifty up move Tcs tgt can be possible. But due to high up move anytime selling pressure will come so continually watch VOLUME. Huge fund or FII or mutual fund can book profit at this level in TCS & increase stake in Bharti Airtel.

TCS:

Bharti Airtel:

Nifty View

Dear Friends,


As last time nifty chart given & analyzed that Closing above 5145, 5230-5340 expected & nifty exactly reached 5349.
Here is the link
http://www.heshtechnicals.blogspot.in/2012/06/nifty.html


Now Technically Nifty on charts looking very weak if not close above 5325 then takes support of 5105-5020-4956. All major three indicators are in BEARISH mode. Also RELIANCE IND. results came &  net profit for the June quarter fell 21% to Rs 4470 crore. So, will see where market move, sometimes in bad results comes & stock gains on next day!!!


Your views invited at hesh2601@in.com

Thanks,
He$H. . .

BEML

Dear Friends,


Here posted one bottom fishing stock, it's require proper volume for UP MOVE.
Buy BEML @ 376 with SL 364 Tgt 385-400-425 (Positional)

FII Investment

In India the ministry of commerce has declared eight sectors as ‘core industries’. The core industries are 1) Crude Oil, 2) Petroleum Refinery Products, 3) Coal, 4) Electricity, 5) Cement, 6) Steel, 7) Fertilizers & 8) Natural Gas.

These core 8 industries contribute more than 35% to the index of Industrial Production (IIP). In recent times we have seen that IIP index has almost come to a standstill, it means that these eight core industries has not fared well in recent quarter. But this is also a fact that this slump in India is only temporary and very soon Indian Economy will revive. India’s fundamental are so strong that it is almost impossible to keep India tied down for so long. The middle class earning is growing simultaneously increasing its purchasing powers. Demand driven growth can never be tied with superficial shackles.

Indian plans to increase its infrastructure investment to $1.025 trillion by year 2017. At present in 2012, investment in infrastructure is less than half of this value. So in five years there is tremendous growth possibilities in Infrastructure.

According to a reputed investment banking firm Goldman Sachs, in next 10 years (2022), India should invest more than $1.7 trillion in infrastructure to keep pace with the growing industrial growth. According to McKinsey, further to 2022, India will further need $1.2 trillion in next 8 years (by 2030) to match the growing demand of Metropolitan and other upcoming cities in India. There is very little doubt investment opportunities in India is only increasing day after day. The prospects of India, in terms of its investment opportunities, in next 15-20 years is immense. This is the reason why Foreign Institutional Investors (FII’s) are Investing so heavily in India.

Indian government has allow Foreign Direct Investment (FDI) up to 100% for oil exploration and finding natural gas fields. The mood of Foreign Institutional Investors towards India has always been upbeat, India just needs to give them that extra push by changing its bureaucratic policies.

Here are list of Top 100 companies where Foreign Institutional Investors are investing heavily in India:

Nifty

Dear Friends,


From many days Nifty movement very choppy & undecided. Some technical indicator also neutral so can't judge properly. Now nifty want to take REST. Here attached image of nifty which showing that if sustain below 5094 & close below 5060 continues 3 days then more downside expected till 4950. Closing above 5145, 5230-5340 expected.