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FREE  STOCK VIEW: SUZLON (53.8)

VIEW: STRONG.

STRATEGY:BUY AT DIPS ( WITH SUPPORT) FOR TARGET(RESISTANCE)

SUPPORT: 52-50

BSE Sensex: (9330) the market unfolded as expected and closed positive, so far the market looks ok and I only hope it closes above the 9400 mark and if that happens then we may see some up days in the days to come…analysis remains the same…

Triveni Engineering has announced its first quarter results. The company’s standalone net sales were at Rs 365.45 crore versus Rs 346.75 crore on YoY basis. Its standalone net profit was at Rs 23.98 crore versus Rs 25.68 crore on YoY basis.

Mitesh Thacker of miteshthacker.com is of the view that Shree Renuka Sugars has good amount of reasonable upside left and can test levels of Rs 85-90 in the short-term.

Mitesh Thacker of miteshthacker.com is of the view that Jet Airways needs to trade and close above Rs 210 and probably one can see upside to levels of around Rs 240-250 in this stock.

Mitesh Thacker of miteshthacker.com is of the view that Unitech has support at Rs 26. If it stays above that there is every possibility it will bounce back to Rs 34-35.

MUMBAI: Engineering major Larsen & Toubro (L&T) continues to be interested in acquiring Satyam Computer Services. L&T’s chairman AM Naik
told ET that L&T, which is one of the largest shareholders of Satyam, is not interested in being a spectator in the ongoing saga.

NEW DELHI: The country’s largest private lender ICICI Bank on Monday said that interest rates are expected to come down in the next
Kamath one-and-a-half months.

Ashish Chugh, Investment Analyst & Author, Hidden Gems, is bullish on Ahluwalia Contracts and Nucleus Software.

He likes the former as it is available at less than two times FY08 operating profits. “We expect the company to bag 2-4 projects worth Rs 150 crore for constructing parking lots in Delhi, and few stadium projects as well.”

Satyam Computer Services Limited (NYSE: SAY) today announced that its newly constituted Board convened for the second time in six days to discuss the immediate action plans for the Company.

Federal Bank has announced its third quarter results. The bank’s standalone net profit was at Rs 203.89 crore versus Rs 102.9 crore.

Key Takeaways from Federal Bank’s concall:-

Technical Analyst, Ashwani Gujral is of the view that Jaiprakash Associates can test Rs 95-97.

“Again you have some sort of a range that is playing out on Jaiprakash Associates. I think Rs 60-62 is the downside and the upside is around Rs 95 to Rs 97.