Muhurat Trading-17October

On the auspicious occasion of Diwali we would recommend our members to do some investment today.

For investment they can choose from the given stocks-

• Goodluck Steel
• Ador fontech
• Kamanwala Housing
• Kiri dyes.
• Zicom
• Noida Toll

Muhurat Intraday Trading Stocks

• DLF
• Bayor Crop
• Britannia
• Bhushan Steel
• Rolta

Nifty Levels

• Resistance- 5172-5188
• Suppport- 5115-5980

In LIFE, LUCK matters a lot!!!!

May everyone have LUCK like this!!

Only few people get the accurate news!!!!!

Intraday market outlook for 16 October

On 16 October, Nifty fut will face resistance at 5145 level, if it manages to cross and sustain above this level then we can see higher levels of 5175-5188-5225+. Cautious approach must be there as soon as Nifty fut starts trading in above 5185 level, as in this rally we can see 5200+ levels but on higher side profit booking can come and that can make the bulls calm down for a while. However if Nifty fut faces selling pressure on higher levels, then on lower side it has support at 5060 level, and any fresh selling can come into markets only when Nifty breaches and sustains below this level. However breaching and sustaining below this support will make Nifty slide down to the levels of 5032-5005-4980 levels.

Nifty Levels

Resistance- 5145-5175-5188-5225

Support - 5080-5060-5032-5005

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Delivery call

• Buy Acrysil ltd tgt-130-165-190.Keep booking profit at every rise. Very short term traders/Impatient traders book 5-10% profits. Avoid spike buying and use spread buying.

Intraday Calls

• DLF abv 435 tgt-438-442.3-448
• RCOM abv 230 tgt-234-238-240+
• Apollo tyre abv 52 tgt-53.5-55-57.2
• Bajaj Hindustan abv210 tgt-213-215-220+
• Monsanto india abv 1670 tgt-1690-1720-1745+
• Also watch Ultratech cement, CESC, Phoenix Mills, Ciba India.

For all trades,keep trailing your stoploss once the stock is above the buying price. Dont take delivery of any intraday call. Avoid spike buying.

For LIVE MARKET updates and stock calls,

CLICK HERE.

====================================

For live market updates and stock calls, add our yahoo id-

eaibsecurities@yahoo.com

Note- To Get all calls on mobile through SMS, Join our groups,

FULTOOMASTI & EAIB Securities . Join both groups.

Only accuracy here!!!!

Multibagger Stocks for investment

The stocks we are going to discuss in this post are recommended for long term investment, and by doing so the investor can get manifold returns in coming time. These multibaggers have the capacity to grow many times from the current valuation, and thus have potential to give investors a good return. Buy these stocks in parts, avoid spike buying and use spread buying to maximise gains.

The strategy to mint money from these stocks will be like-

• When stock is 20-30% up - Book 30%, hold 70% with SL-cost price.
• When stock is 31-50% up - Book 30%, hold rest 40% with Trailing SL.
• When Stock is 60-80% up- Book 20% and leave the rest shares in portfolio,as now these shares will be free of cost.

The stocks are-

• Shetron Ltd.
• KLG Capital
• Goodluck Steel
• Kamanwala Housing
• Kohinoor Broadcasting
• Jindal Steel &Power

Buying Strategy : Always use Spread buying to maximise gains. Never buy full qty at a single price. Spread buying must always be used while investing in share markets. Keep your portfolio dynamic and diversified.

More stocks will be updated in time to time.

-Team EAIB

Dow jones 10000+

Intraday market outlook for 15 October

Last week when markets were going down, only we told everyone to go long instead of shorting, and told everyone that they can make long positions till 4900 level is not breached. We also gave targets of 5048-5145-5225, and what happened that is in front of you all. Nifty fut made low 4918 and today high-5128, massive gains coming from long positions and our accuracy intact at 100%. All our stock recommendations are blastingggggg everyday to provide you all handsome profits from any kind of market. Hope you all must be enjoying the accuracy and must be minting good money from share market.


Yesterday Markets witnessed sustained buying from all the sectors. Strong Asian/European markets further added to the positive investor sentiments and thus taking positive cues from global markets, indian markets also performed well for whole day. And Both Nifty and Sensex made new highs for this year. On 15 October, Nifty fut will face resistance at 5145 level, if it manages to cross and sustain above this level then we can see higher levels of 5173-5198-5225+. But traders must stay cautious in day range of 5145-5195. However if Nifty fut faces selling pressure due to profit booking, then on lower side it has support at 5080 level, and any fresh selling can come into markets only when Nifty breaches and sustains below this level. If the support level of 5080 is breached then we can see Nifty fut sliding down to 5054-5030-5010 levels.

We recommend all traders to keep watch on Nifty fut range 5054-5145,for their trades. As both these levels hold the key for movements, and we will sharp moves on breakover of any of these levels. If Nifty fut trades above 5145 level, then long position holders must start booking profits and hold rest with trailing SL. Sentimental and greedy trading, will result in depreciation of profits. So, its always better to keep booking profits time to time.

Nifty Levels

Resistance-5145-5173-5198-5225

Support - 5102-5080-5054-5030

===============================

Intraday calls

• Geojit BNP abv 46 tgt-46.5-47.3-48+
• NIIT Tech abv 128 tgt-130.2-131.5-134
• Zylog abv 356 tgt-360-364-370+
• Indus ind bank abv 124 tgt-125.8-127-130+
• Also watch Subhash Project, Sesa Goa, Areva T&D,Asian Oilfield.

For all trades,keep trailing your stoploss once the stock is above the buying price. Dont take delivery of any intraday call. Avoid spike buying.

For LIVE MARKET updates and stock calls, CLICK HERE.

====================================

For live market updates and stock calls, add our yahoo id- eaibsecurities@yahoo.com

Note- To Get all calls on mobile through SMS, Join our groups, FULTOOMASTI & EAIB Securities . Join both groups.

Only accuracy here!!!!

Intraday market outlook for 14 October

On 14October, Nifty fut will face resistance at 5094 level, if it crosses and sustains above this level then we can see higher levels of 5120-5145-5180+ . Day traders must keep a watch on this 5094 level, as any upside in markets will only when Nifty fut sustains above this level, failing to sustain above this level , sudden selling can come into markets which will drag down the index. On lower levels support for Nifty fut is at 5012, breaching below this level can make downside to 4980, however 4980 will act as a good support for the index. And breaching below 4980 level, will only make markets weak for and can show lower levels of 4970-4944-4910.

We recommend all traders to keep watch on 5094 level on upside and 4980 level on downside, for all their trades, as these levels hold the key for the further market movement. The major support for market is still the 4900 level, and bears will be active below this level only. However if surging on the upside, traders must stay cautious in range 5145-5225, as profit booking can come in this range if nifty reaches this height in coming days.

Nifty Level
Resistance- 5094-5120-5145-5180
Support - 5012-4980-4944-4910

===================================

Intraday Calls

• Timken Ind abv 134 tgt-136.2-140-145+
• Kwality dairy abv 710 tgt-715-722-730+
• Geojit BNP abv 46 tgt-46.5-47.3-48+
• Reliance Cap abv 952 tgt-960-964-971
• Also watch LITL,Zylog,Motilal Oswal,SREI Infra.

For all trades,keep trailing your stoploss once the stock is above the buying price. Dont take delivery of any intraday call. Avoid spike buying.

For LIVE MARKET updates and stock calls,

CLICK HERE.
====================================

For live market updates and stock calls, add our yahoo id-

eaibsecurities@yahoo.com

Note- To Get all calls on mobile through SMS, Join our groups,

FULTOOMASTI & EAIB Securities . Join both groups.

Only accuracy here!!!!

=====================================

Set your priorities in Life..

When things in your life seem, almost too much to handle,When 24 Hours in a day is not enough,Remember the mayonnaise jar and 2 cups of coffee.

A professor stood before his philosophy class and had some items in front of him.When the class began, wordlessly,He picked up a very large and empty mayonnaise jar And proceeded to fill it with golf balls.

He then asked the students, if the jar was full.They agreed that it was.

The professor then picked up a box of pebbles and pouredthem into the jar. He shook the jar lightly.The pebbles rolled into the open Areas between the golf balls.

He then asked the students again if the jar was full. They agreed it was.

The professor next picked up a box of sand and poured it into the jar. Of course, the sand filled up everything else.He asked once more if the jar was full. The students responded with a unanimous 'yes.'

The professor then produced two cups of coffee from under the table and poured the entire contents into the jar, effectivelyfilling the empty space between the sand. The students laughed.

'Now,' said the professor, as the laughter subsided,'I want you to recognize that this jar represents your life.

• The golf balls are the important things - family,children, health, Friends, and Favorite passions – Things that if everything else was lost and only they remained, Your life would still be full.
• The pebbles are the other things that matter like your job, house, and car.
• The sand is everything else --The small stuff.

'If you put the sand into the jar first,' He continued,there is no room for the pebbles or the golf balls.The same goes for life.If you spend all your time and energy on the small stuff,You will never have room for the things that are important to you.

So...

Pay attention to the things that are critical to your happiness.Play With your children.Take time to get medical checkups.Take your partner out to dinner.There will always be time to clean the house and fix the disposal.'Take care of the golf balls first --The things that really matter.Set your priorities. The rest is just sand.'

One of the students raised her hand and inquired what the coffee represented.
The professor smiled.' I'm glad you asked'.
It just goes to show you that no matter how full your life may seem,there's always room for a couple of cups of coffee with a friend.'

HOW THE STOCK MARKET WORKS?

Once upon a time in a village, a man appeared and announced to the villagers that he would buy monkeys for Rs.100 each. The villagers, seeing that there were many monkeys around, went out to the forest and started catching them.

The man bought thousands at Rs.100 and as supply started to diminish, the villagers stopped their effort. He further announced that he would now buy at Rs.200. This renewed the efforts of the villagers and they started catching monkeys again.

Soon the supply diminished even further and people started going back to their farms. The offer increased to Rs.250 each and the supply of monkeys became so little that it was an effort to even see a monkey, let alone catch it!

The man now announced that he would buy monkeys at Rs.500! However, since he had to go to the city on some business, his assistant would now buy on behalf of him.

In the absence of the man, the assistant told the villagers; "Look at all these monkeys in the big cage that the man has collected. I will sell them to you at Rs.350 and when the man returns from the city, you can sell them to him for Rs.500 each.

"The villagers rounded up with all their savings and bought all the monkeys.

They never saw the man nor his assistant, only monkeys everywhere!

Now you have a better understanding of how the stock market works.

Would you have invested in this group?

Market outlook for the week 12-16 October

For the week starting from 12 October, Nifty fut is having a support at 4880 level, if this level is not breached on closing basis then we can see NIfty fut reverting back and taking u-turn from downside. However if Nifty fut breaches this support level of 4880 and sustained below this level then we can see downside move upto the levels of 4848-4770-4740. Any closing below the level of 4740, can create panic selling in markets which can make nifty fut slide down rapidly to more lower levels in coming days. Contrary to this downside movement,If Nifty fut sustains above 4900 level, then it has resistance at 4972-5005 level, if it manages to close above these resistance levels, then we can see bulls charging once again and showing strength to stretch Nifty fut upto the levels of 5048-5098-5145 level. Spurting above 5145 level will act as an energy booster for bulls.

We recommend all traders to keep a watch on 4880-5005 level on closing basis, for all their short/long positions, as these levels are the key levels for this week. And breakout on any side of this range will show the trend of market for coming days. All positions must be properly hedged,and leveraging positions at this stage is not recommended. As we are continuously saying from past many weeks, that till we are trading above 4900 level, bulls are having an upper hand on markets. Closing below 4900 will only be the bear favor. So,keep this in mind and trade with levels and not with sentiments. But all upsides must be used to book long positions,and investors must not buy at higher levels.

JOIN US for latest updates on market movement well in time, to save your hard earned money and mint massive gains from any kind of market. Dont wait n watch, just join n earn!!!!

Nifty Levels

Resistance - 4972-5005-5048-5098-5145

Support -4880-4848-4802-4770-4740

================================

Stocks for the week

• Zylog
• Selan Expo
• Modipon Ltd.
• Britannia ind.
• Bajaj Hindustan
• Pioneer Distilleries
• South Indian bank
• Jindal Steel&power

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Intraday calls for 12 October

• SCI abv 140 tgt-142.2-144-147+
• KPIT abv 75 tgt-76-77.4-78
• Jyoti Structures abv 152 tgt-153.5-155-157
• Oracle financial abv 2100 tgt-2124-2150-2188+
• Also watch Crisil, KLG Capital,NMDC, Alkali metal.

For all trades,keep trailing your stoploss once the stock is above the buying price. Dont take delivery of any intraday call. Avoid spike buying.

For LIVE MARKET updates and stock calls, CLICK HERE.

====================================

For live market updates and stock calls, add our yahoo id- eaibsecurities@yahoo.com

Note- To Get all calls on mobile through SMS, Join our groups, FULTOOMASTI & EAIB Securities . Join both groups.

Only accuracy here!!!!
==================================

Intraday market outlook for 9 October

On 9 October, Nifty fut will face resistance at 5048 level. Unless n untill Nifty fut gives atleast two consecutive close above this level, it will be a range bound market with 5048 resistance on uppwerside and 4900 support on lower side. Once Nifty fut manages to sustain above 5048 level, then we can expect higher levels till 5072-5098-5115. However if it fails to cross and sustain above 5048 level, Nifty fut has support at 4965 level on downside, breaching below this level can bring a panic selling upto 4930-4902-4880. Any close below 4900 level, will be the first signs of weakness in markets. Till Nifty fut is sustaining above 4900level, market will favor the bulls,and it will keep bouncing back.

Nifty Level

Resistance- 5035-5048-5072-5998

Support - 4980-4965-4930-4902

==================================

Intraday Calls

• Rcom abv 247 tgt-250-254-259
• Biocon abv 261 tgt-264-267-272+
• Siemens abv 585 tgt-593-600-612+
• Gwalior Chem abv 96 tgt-98-100.7-105
• Also watch HDIL, Gitanjali gems, Gati Ltd, Welspun Gujrat, Sun Pharma Advanced.

For all trades,keep trailing your stoploss once the stock is above the buying price. Dont take delivery of any intraday call. Avoid spike buying.

For LIVE MARKET updates and stock calls,

CLICK HERE.

====================================

For live market updates and stock calls, add our yahoo id-

eaibsecurities@yahoo.com

Note- To Get all calls on mobile through SMS, Join our groups, FULTOOMASTI & EAIB Securities . Join both groups.

Only accuracy here!!!!

Intraday market outlook for 8 October

On 8 October, Nifty Fut has support at 4965 level, it must sustain above this level to move northward, breaching the level of 4965,it may slide down down sharply to the levels of 4940-4012-4900. However 4900 level will act as good support on downside, and sustaining above this level on closing basis will favor the bulls. Moving towards upside Nifty fut will face resistance at 5015 level,crossover from this resistance level can take nifty to 5035-5048-5080 levels. Fresh upmove will start after crossing and giving a close above 5090 levels on upside.

We recommend all traders to keep watch on two levels- 4900&5048, for determining the further trades. As these levels will act as trend determining levels in coming days. As we are continuously saying since many days, if 4900 is not breached on closing basis, all dips must be used to buy and all uprise in range 5048-5145 must be used to exit those positions. All those who are following us, are minting money daily, and those who follow the DAY CLOSING, MONTHLY EXPIRY, etc etc are getting sticked up in their short/long positions daily. We once again say that DONT BE A BEAR, DONT BE A BULL, FOLLOW THE LEVELS AND BE THE WINNER!!

Nifty Levels

Resistance- 5015-5035-5048-5080-5098

Support - 4965-4940-4912-4900-4880

===============================

Intraday Calls

• KFA abv 58.5 tgt-60-61.2-64+
• Shipping corp abv 143 tgt-145-147.3-151+
• Mirza International abv 18 tgt-18.4-18.7-19.2
• Oracle Finance abv 1870 tgt-1884-1902-1925+
• Also watch Hard Castle &Waud, Asahi India, Areva T&D, Reliance ind.

For all trades,keep trailing your stoploss once the stock is above the buying price. Dont take delivery of any intraday call. Avoid spike buying.

For LIVE MARKET updates and stock calls, CLICK HERE.

====================================

For live market updates and stock calls, add our yahoo id- eaibsecurities@yahoo.com

Note- To Get all calls on mobile through SMS, Join our groups, FULTOOMASTI & EAIB Securities . Join both groups.

Only accuracy here!!!!

Intraday market outlook for 7 October

On 7 October, Nifty fut will face resistance at 5048 level. Nifty fut has to cross and sustain above this level,to continue upsurge in coming days. If it manages to sustain above 5048 level, then we can see Nifty fut heading towards 5075-5098-5115 levels. However, if it fails to cross the resistance level, then it can retrace the downside path, and on lower side Nifty fut has support at 4990 level, if this level is breached then it can slide down to the levels of 4962-4945-4920. On downside 4900level, is the major support level, and till Nifty ft is above this level, bulls will be having an upper hand.

We recommend all traders to keep a watch on 5048 level, as crossover from this level can bring some fresh buying. Any closing above this level will mark a positive trend for coming days. So traders must use all downside till 4920 as an buying opportunity rather than to do short selling on lower of. Use strategy of buy on dips and sell on rise, to maximise your gains.





Nifty Levels
Resistance- 5048-5075-5098-5115
Support - 4990-4962-4945-4920

===================================

Intraday calls

• Idea abv 65 tgt-66.2-67-68.8
• 3i Infotech abv 101 tgt-104-107-112+
• Tata Steel abv 512 tgt-516.8-520-527
• Kwality Dairy abv 685 tgt-692-699-712+
• Also watch Omnitech, FCS Soft, Mirza International, Suashish Diamond.

For all trades,keep trailing your stoploss once the stock is above the buying price. Dont take delivery of any intraday call. Avoid spike buying.

For LIVE MARKET updates and stock calls, CLICK HERE.
====================================
For live market updates and stock calls, add our yahoo id- eaibsecurities@yahoo.com

Note- To Get all calls on mobile through SMS, Join our groups, FULTOOMASTI & EAIB Securities . Join both groups.

Only accuracy here!!!!

Intraday market outlook for 6 October

On 6 October, Nifty fut will face resistance at 5048 level, in order to favor bulls, Nifty fut has to cross and sustain above this level. If it manages to sustain above 5048 level, then we can see Nifty fut headong towards 5072-5090-5115 levels. However, if it fails to cross the resistance level, then it can retreat, and on lower side Nifty fut has support at 4980 level, if this level id breached then it can slide down to the levels of 4962-4945-4920. On downside 4900level, is the major support level, and can also act as sentiment reversal level. So this level must be watched carefully.

We recommend all traders to follow the strategy of buy on dips and sell on rise, till the levels of 4900 is not breached. Any downside sentiments will work, when Nifty fut will give a close below 4900 level, till this level is intact, we will see markets to bounce back from lows. Stay cautious if Nifty fut breaks 4990-4980 level with volumes and sustains below this level, as for intraday this level is crucial and breaching this level and sustainning below this can create selling pressure in markets.

Nifty levels
Resistance- 5048-5072-5090-5115
Support - 4980-4963-4945-4920

===================================

Intraday calls

• JSL abv 110 tgt-114-119-126
• ABAN abv 1625 tgt-1634-1641-1655
• Alkali metal abv 268 tgt-272-274.4-279+
• Zee entertainment abv 248 tgt-251-254.5-259+
• Also watch Areva T&D, Suashish Diamond, Educomp,Novopan ind.

For all trades,keep trailing your stoploss once the stock is above the buying price. Dont take delivery of any intraday call. Avoid spike buying.

For LIVE MARKET updates and stock calls, CLICK HERE.

====================================

For live market updates and stock calls, add our yahoo id- eaibsecurities@yahoo.com

Note- To Get all calls on mobile through SMS, Join our groups, FULTOOMASTI & EAIB Securities . Join both groups.

Only accuracy here!!!!

Market outlook for the week 5-9 October

For the week starting from 5 October, Nifty fut will face major resistance at 5090 level, in order to continue upsurge , it has to close above this level. Closing above 5090 level can make Nifty fut march higher upto the levels of 5120-5145-5210. However in its northward journey, if Nifty fut is able to close above 5200 level,then we can see Nifty fut making new highs of of 5250-5290-5315 levels. But for all this to happen, Nifty fut has to give consecutive closes above 5090-5120 levels. Unable to do so, we may see profit booking coming in markets which can make Nifty fut slide down, on lower side support exists at 5010 level, if it breaches this level then we can see downside till levels of 4980-4945-4900. Any close below 4900 will create weakness in markets, and we can see fresh round of selling pressure coming into the markets which can make it come down to 4840-4770 levels.

In our market view for last week, we have adviced everyone to keep booking long positions in range 5048-5145, and in last week Nifty made high 5089.9, those who have followed us and booked their long positions can remain in cash and buy again partially on every dip till the level of 4900 is not breached. As if Nifty if sustains above 4900 level, then we can see it again surging up and making new high. Selling pressure will build up only below 4900, and if it closes below this then next major support is at 4770.

Nifty Levels for the week

Resistance- 5090-5120-5145-5190-5210-5250

Support - 5010-4980-4945-4900-4840-4770

================================

Stocks for the week

• IDFC
• Bharti
• India Nippon
• TTK Prestige
• Ansal Infra
• Alkali Metal
• Surya Pharma
• Simplex casting*

===============================

Intraday Calls for 5 October

• Reliance comm abv 320 tgt-323-325.5-329
• Gammon ind abv197 tgt-200-202-209+
• Bharti abv 437 tgt-442-445.8-453+
• 3i info abv 99 tgt-101-105-112.5+
• Also watch KLG Systel, Sterlite ind. , Indiabulls Security, JSL Ltd.

For all trades,keep trailing your stoploss once the stock is above the buying price. Dont take delivery of any intraday call. Avoid spike buying.

For LIVE MARKET updates and stock calls, CLICK HERE.

====================================

For live market updates and stock calls, add our yahoo id- eaibsecurities@yahoo.com

Note- To Get all calls on mobile through SMS, Join our groups, FULTOOMASTI & EAIB Securities . Join both groups.

Only accuracy here!!!!

10 Deadly Trading Mistakes!!!!

The following are 10 most common but deadly Trading Mistakes, which traders should avoid at all costs. Anyone of them can literally destroy one's financial dreams and goals!

1. Trading for excitement & thrill Not for profits.
Many traders consider stock market as casino and trade for thrill and fun only. As soon as one has a losing trade, he wants to quickly make back the lost money. He thinks about the other things he could have done with the money, regret taking the trade and want to recover as quickly as possible. This in turn leads to further mistakes. Be patient and wait for the next high probability opportunity. Don't rush back in.

2. Trading with a high ego.
Many individuals who have remained highly successful in other business ventures have failed miserably in trading game. Because they have a fairly big ego and thought they couldn't fail. Their egos become their downfall because they can not except that they would be wrong and refuse to get out of bad trades. Once again, whoever or wherever has any one come from does not concern the markets. All the charm, powers of persuasion, number of degrees & diplomas of business management on the wall or business savvy will not budge the market when you are wrong.

3. Three 4-letter words that will kill you! HOPE--WISH--FEAR--PRAY
If you ever find yourself doing one or more of the above while in a trade then you are in big trouble! Markets has own system of moving up & down. All the hoping, wishing and praying or being fearful in the world is not going to turn a losing trade into a winning one. When you are wrong just use a simple 4-letter word to correct the situation-GET OUT!

4. Trading with money you can't afford to lose.
One of the greatest obstacles to successful trading is using money that you really can't afford to lose. Examples of this would be money that is supposed to be used in any other business, money to be paid for college/school fee, trading with borrowed money etc. Ultimately what happens is that when someone knows in the back of their mind that they are risking the money they can not afford to lose, they trade out of fear and emotion versus logic and no emotion. If you are in this situation It is highly recommend that you stop trading until you earn enough to put into an account that you truly can afford to lose without causing major financial setbacks.

5. No Trading Plan
If you consider yourself a trader, ask yourself these questions: Do I have a set of rules that tell me what to buy, when to buy and how much to buy, not just for the next trade, but for the next 10 trades? Before I enter a trade, do I know when I will take profits? Do I know when I will get out if I am wrong? These questions form the first part of a trading strategy. There simply cannot be any expectation of success if we can't answer these questions clearly and concisely.

6. Spending profits before you make them.
Nothing is more exciting then getting into a trade that blasts off and puts you into a highly profitable situation. This can cause major problems however, because this type of trade puts you in a highly euphoric state and leads to daydreaming about the huge profits still to come. The real problem occurs as you get caught up in the daydream and expectations. This causes you to not be prepared to get out as the market reverses and wipes off all your profits because you have convinced yourself of the eventual outcome and will deny the reality of the situation. The simple remedy for this is to know where and how you will take profits once you enter the trade.

7. Not Cutting Losses or letting Profits run
One of the most common mistakes made by traders is that they let their losses grow too large. Nobody likes to take a loss, but failing to take a small loss early will often result in being forced to take a large loss later. A great trader is not someone who has never had a loss. Great traders have made many losses. But what makes them great is their ability to recover quickly from a string of losses. Every trader needs to develop a method for getting out of losing trades quickly. Research and learn to apply the best methods for placing protective stoploss orders. The only way to recover from many (small) losing trades is to make sure the winning trades are much larger. After a series of losing trades, it becomes difficult to hold a winning trade because we fear that it will also turn into a loss. Let your profitable trades run. Give them room to move and give them time to move.

8. Not Sticking to your plans & Changing strategies during market hours
If you find yourself changing your strategy during the day while the markets are still open, be mindful of the fact that you are likely to be subject to emotional reactions of fear and greed. With rare exception, the most prudent thing to do is to plan your trading strategy before the market opens and then strictly stick to it during trading hours.

9. Not knowing how to get out of a losing trade.
It's amazing that most of the traders don't have any clear escape plan for getting out of a bad trade. Once again they hope, pray wish and rationalize their position. It must be kept in mind that market does not care what you think. It does what it does and when you are wrong you are wrong! The easiest way to keep a bad trade from going really bad is to determine before you get in, where you will get out.

10. Falling in love with a stock (Just Flirt).
Many traders get fascinated by just a stock or two and look for opportunities to trade in those stocks only ignoring the other profitable trading opportunities. It is because they have simply fallen in love with a stock to trade with. Such tendencies can be suicidal as for as trading is concerned. It may cost any one dearly.

Read it and keep the lessons in mind

We read these small stories somewhere, and found good , so sharing it with all of you.

Lesson 1:

A man is getting into the shower just as his wife is finishing up her shower, when the doorbell rings.The wife quickly wraps herself in a towel and runs downstairs.
When she opens the door, there stands Bob, the next-door neighbor.
Before she says a word, Bob says, ‘I’ll give you $800 to drop that towel.’After thinking for a moment, the woman drops her towel and stands naked in front of Bob, after a few seconds, Bob hands her $800 and leaves.The woman wraps back up in the towel and goes back upstairs.
When she gets to the bathroom , her husband asks, ‘Who was that?’‘It was Bob the next door neighbor,’ she replies.‘Great,’ the husband says, ‘did he say anything about the $800 he owes me?’

Moral of the story: If you share critical information pertaining to credit and risk with your shareholders in time, you may be in a position to prevent avoidable exposure

==================================

Lesson 2:

A priest offered a Nun a lift in his car.She got in and crossed her legs, forcing her gown to reveal a leg & thigh;The priest nearly had an accident.
After controlling the car, he stealthily slid his hand up her leg.
The nun said, ‘Father, remember Psalm 129?’
The priest removed his hand But, changing gears, he let his hand slide up her leg again.
The nun once again said, ‘Father, remember Psalm 129?’
The priest apologized ‘Sorry sister but the flesh is weak.’
Arriving at the convent, the nun sighed heavily and went on her way.
On his arrival at the church, the priest rushed to look up Psalm 129. It said, ‘Go forth and seek, further up, you will find glory.’

Moral of the story: If you are not well informed in your job, you might miss a great opportunity.

===================================

Lesson 3:

A sales rep, an administration clerk, and the manager are walking to lunch when they find an antique oil lamp.
They rub it and a Genie comes out.
The Genie says, ‘I’ll give each of you just one wish.’
‘Me first! Me first!’ says the admin clerk. ‘I want to be in the Bahamas , driving a speedboat, without a care in the world.’Puff! She’s gone.
‘Me next! Me next!’ says the sales rep. ‘I want to be in Hawaii, relaxing on the beach with my personal masseuse, an endless supply of Pina Coladas and the love of my life.’Puff! He’s gone.
‘OK, you’re up,’ the Genie says to the manager.
The manager says, ‘I want those two back in the office after lunch.’

Moral of the story: Always let your boss have the first say.

===================================

Lesson 4:

An eagle was sitting on a tree resting, doing nothing.
A small rabbit saw the eagle and asked him, ‘Can I also sit like you and do nothing?’
The eagle answered: ‘Sure, why not.’
So, the rabbit s at on the ground below the eagle and rested.
All of a sudden, a fox appeared, jumped on the rabbit and ate it.

Moral of the story: To be sitting and doing nothing, you must be sitting very, very high up.

===================================


Lesson 5:

A turkey was chatting with a bull.
‘I would love to be able to get to the top of that tree’ sighed the turkey, ‘but I haven’t got the energy.’
‘Well, why don’t you nibbl e on some of my droppings?’ replied the bull. They’re packed with nutrients.’
The turkey pecked at a lump of dung, and found it actually gave him enough strength to reach the lowest branch of the tree.
The next day, after eating some more dung, he reached the second branch.
Finally after a fourth night, the turkey was proudly perched at the top of the tree.He was promptly spotted by a farmer, who shot him out of the tree..

Moral of the story: Bull Shit might get you to the top, but it won’t keep you there.

===================================

Lesson 6:

A little bird was flying south for the winter. It was so cold the bird froze and fell to the ground into a large field.
While he was lying there, a cow came by and dropped some dung on him.
As the frozen bird lay there in the pile of cow dung, he began to realize how warm he was.
The dung was actually thawing him out!
He lay there all warm and happy, and soon began to si ng for joy.
A passing cat heard the bird singing and came to investigate.
Following the sound, the cat discovered the bird under the pile of cow dung, and promptly dug him out and ate him.

Moral of the story:
(1) Not everyone who shits on you is your enemy.
(2) Not everyone who gets you out of shit is your friend.
(3) And when you’re in deep shit, it’s best to keep your mouth shut!

Self Evaluation for being a Professional

The following short quiz consists of 4 questions and will tell you whether you are qualified to be a professional. The questions are NOT that difficult.

Question 1. How do you put a giraffe into a refrigerator?



Correct Answer: Open the refrigerator, put in the giraffe, and close the door. This question tests whether you tend to do simple things in an overly complicated way.


Question 2. How do you put an elephant into a refrigerator?

Did you say, Open the refrigerator, put in the elephant, and close the refrigerator?
Wrong Answer.
Correct Answer: Open the refrigerator, take out the giraffe, put in the elephant and close the door. This tests your ability to think through the repercussions of your previous actions.

Question 3. The Lion King is hosting an animal conference. All the animals attend.... except one. Which animal does not attend?

.

.

.

.

.

.
Correct Answer: The Elephant. The elephant is in the refrigerator. You just put him in there. This tests your memory.
Okay, even if you did not answer the first three questions correctly, you still have one more chance to show your true abilities.

Question 4. There is a river you must cross but it is used by crocodiles, and you do not have a boat. How do you manage it?

.

.

.

.

.

Correct Answer: You jump into the river and swim across. Have you not been listening? All the crocodiles are attending the Animal Meeting. This tests whether you learn quickly from your mistakes.

Around 90% of the professionals tested got all questions wrong, but many preschoolers got several correct answers.

Intraday market outlook for 1 October

On 1 october, Nifty fut has resistance at 5090 level, in order to continue this upsurge , it has to cross and sustain above this level. Once this level is crossed and sustained, we can expect the markets to go upward till 5120-5145 levels. Any crossover above 5145 will lead to 5200+ levels in coming days. However, if Nifty fut reverts back from resistance level, then on downside we have support at 5040, breaching this level Nifty can slide down to 5028-5014-5000 levels.

As we have recommended in our weekly view that buy on every dips till 4930, now everyone who followed our advice must be minting massive money. Now traders can trail their stoploss to 4980 level for all long positions, as now 4980 level is good support for Nifty fut. Any breakout above 5090 can lead next phase of buying till 5145-5200. One must stay cautious in range 5048-5145, and must keep booking partial profits in all longs and trail SL for rest. Fresh positions must not be created at very high prices, investors must wait for a mild correction for entering into the new investment. We always say, follow the levels not the sentiments, and you will always be the winner. So, dont become a bull or a bear, just be a follower of levels and be a KING and mint hugeeee money from share market.

Nifty Level

Resistance- 5090-5120-5145-5184

Support -5040-5028-5014-5000

===============================

Intraday Calls

• SCI abv 142 tgt-144-145-148+
• 3i Infotech abv 88.5 tgt-90-91.6-94
• Aurobindo Pharma abv 782 tgt-788-793-800+
• Shree Ashtavinayak Cine abv 75 tgt-78-81.5-85
• Also watch Tanla Sol,FCS Soft,Everon systems,Pritish Nandy.

For all trades,keep trailing your stoploss once the stock is above the buying price. Dont take delivery of any intraday call. Avoid spike buying.For LIVE MARKET updates and stock calls, CLICK HERE.

====================================

For live market updates and stock calls, add our yahoo id- eaibsecurities@yahoo.com

Note- To Get all calls on mobile through SMS, Join our groups, FULTOOMASTI & EAIB Securities . Join both groups.

Only accuracy here!!!!

October- Live Market Calls & Updates

1 October

Nifty fut Res-5090-5120 Sup-5050-5028

Stocks which can show breakout in coming days are-

• Ansal Infra
• Areva T&D
• Bata ind
• Rpower
• 3i Infotech.

Investors can invest in them for short term.

Intraday calls-

1.Buy Tata Steel @511 tgt-515-518-524+ sl-508

Update- Now 514.9, First tgt achieved.

All Calls closed!!

===================================

5 October

Nifty Fut sup-5000-4980 Res-5048-5090

1. Buy Sterlite Ind @766 tgt-771-775-782 sl-762

update-

• Made 771.75, first tgt achieved.
• Now 778.8, second tgt achieved.

2. Avaya Global @180 tgt-182-185-187 sl-179

update- Made 182. first tgt hit.

3. Buy Educomp fut @4955 tgt-4970-4985-5018 sl-4950

Update-

• Now 4975, first tgt hit.
• Now 4990, second tgt hit.
• Now 5004, near to third tgt. Book profits here.

All calls closed!!

=============================

6 october

Nifty fut sup-4920-4900 Res-4976-4998

Stocks to watch in coming days-

• Garden Silk
• Brigade Ent
• Voltas

• Purely Gamble Option call-
  Buy IDEA80CA @.45 tgt-.60-.90-1.4
• Update made .60, first tgt achieved.

1. Buy Brigade ent @120 tgt-122-124.5-129+ sl-118

Update- made 121.5, book 50% profits.

2. Buy Nifty fut @4920-25 tgt-4940-4955-4975 sl-4910

Update-

• Now 4941,first tgt achieved.
• Now 4954,second tgt almost achieved.
• Now 4970, near to third tgt.
• Now 5015, book profits. or trail SL to 4990.
• Now 5046, trail SL to 5020.

All Calls Closed!!

=============================

7 October

Nifty Fut res- 5080-5998 Sup-5030-5005

Update: Gamble Option Call of IDEA 80CA now almost double. Given @ .4 now .75 .Book Profits.

1. Buy TCS @595 tgt-600-608-615 sl-590

Update- Exit at 592.

2. Short KFA Fut @60.8 tgt-60-59-57.8 sl-61.25

Update-

• Now 59, second tgt achieved.
• Now 58.7, book partial profits.
• Now 58 book full profits.
• Now 57.7, all tgts hit.

All calls closed!!

==================================

8 October

Nifty fut Res-5048-5090 Sup-4990-4965

1. Buy KFA fut @58 tgt-58.8-60+ sl-57

Update-

• Now 59.45, above first tgt.
• Now 60.15, both tgt achieved. Trail SL it can blast more.

All calls closed!!

==============================

9 October

Nifty fut Support- 4965-4930 Resistance- 5015-5048

1. Buy Tata Tea @882 tgt-890-899-915 sl-878

Update-

• Now 890, first tgt achieved.
• Now 894.5, book full profits.

2. Short call on DLF given on our FREE MESSAGE group @ 524, made low 514.45. Tgt achieved.

Told Everyone on yahoo messenger and in our intraday market outlook that breaching below 4965 will show sharp downside till 4930, and see Nifty fut making low 4923. NJoyyyy accuracy of Team EAIB.

All calls closed!!!!

=============================

12 October

Nifty fut Resistance-4998-5015 Support-4930-4880

1. Buy Jindal Saw @697-699 tgt-705-712-730+ sl-695

Update-

• Now 706.35, First tgt achived.
• Now 709, book 50% profits. Trail SL for rest.

All Calls Closed!!

===================================

14 October

Nifty fut Res- 5115-5145 Sup-5050-5030

1. EIH Associate @124.5 tgt-127-130-135+ sl-124

Update- Made 128.9, first tgt achieved.

All calls closed!!

================================

15 October

Nifty Fut Resistance-5145-5174 Sup-5080-5054

1. Buy BHEL @2531 tgt-2542-2560-2576 sl-2525

Update-

• Now 2539.6.
• Now SL hit, exit.

All calls closed!!

==================================

16 October

Nifty fut Resistance-5128-5145 Sup-5080-5062

1. Buy Kotak bank @830 tgt-837-840-845 sl-825

Update- Exit at 833.4, those who can take take risk of 5rs can hold.

In coming days Banking/Metal Sector can show weakness. So stay cautious and use upside to book profits only.

All Calls Closed!!!!

===================================

20 October

Nifty Future Res- 5188-5225 Sup-5130-5112

1. Libert Phosphate @42.1 tgt-42.5-43.3

Update-

• Now 42.8, first tgt achieved.
• Now 43.5, second tgt achieved.

2. Short Tata Motors fut @570-72 tgt-565-560 sl-575

Update- Made 560.5, second tgt almost achieved.

All calls closed!!

==================================

21 October

Nifty fut Res- 5135-5148 Sup-5080-5030

1. Short Tata Motors fut @560 tgt-557-555-550

Update-

• Made low 555.5, second tgt almost achieved.
• Now 553.5, book profits for intraday.
• made 537. We gave updated tgt-544-535 on our message group, see here.

2. Buy V-guard @81.6 tgt-82.2-83.3-85 sl-81

Update- First tgt hit. Now 82.55.

All calls closed!!

==================================

22 October

Nifty fut support-5030-4998 Res-5090-5125

Update Stock futures recommended today-

• SCI fut made high-147.3
• Sintex fut made high- 254.15
• Mphasis fut Made high- 673.9

Intraday traders keep booking profits and buy again at dips.

==================================

23 October

Nifty fut res-5064-5082 sup- 5030-5000

Total Gamble Option call

• Buy Bharti Airtel 350CA @3-3.5 tgt-6-10-15+

====================================

26 October

Nifty fut Res-5020-5055 Sup-4970-4930

1. Short RIL @ 2025 tgt-2015-2006-1990 sl-2030

Update-

• Now 2015, First tgt achieved.
• Exit rest rate to rate.

2. Short Tata Steel fut @ 535-538 tgt-530-524-516 sl-542

Update-

• Now 532.
• Update SL to 545. Can avg short at uprise.
• SL hit, exit.
• Short now at 547 tgt-544-540.
• update now 543.5, book profits.
• Short now @547 again, tgt-544-540
• update now 540,second target hit. Book profits.
• now 436. Told everyone not to go long on this. See now.

3. Buy MRF @5830 tgt-5880-5924-5990 sl-5800

Update-

• Now 5866. Those who dont want to take risk can exit here.
• Now 5888, first tgt hit.
• Book profits.

All calls closed!!

====================================

27 October

Nifty fut Sup-4930-4910 Res-4972-4994

Dont short at lower levels (cmp-4936), instead buy with Sl-4920 , market weak below 4910.

update-

• Nifty fut now 4954, njoy gains.
• Made 4960,now down to 4932, Buy again with SL-4920.
• Nifty now 4948. Keep booking partial profits and trail SL for rest.

1. Buy Reliance 2010CA @15-16 tgt-21-28+ sl-13

update-

• Now 19, book 50% profits here and trail SL to buy price for rest.
• Exit full @18.
• Buy again now @14 tgt-17-20+
• now 17.4, first tgt hit.
• now 18.45, exit full or Trail SL to 16.
• now 23, both tgts hit.

3.Those who have booked profits in RIL 2010CA, now Buy SBI 2220CA @24-26 tgt-30-35++ sl-22

Update- SL hit, exit.

All calls Closed!!

===================================

28 October

Nifty fut res-4848-4875 sup-4770-4755

1. Short Reliance around 787-790 tgt-780-774-767 sl-795

Update-

• Dont enter in shorts.
• Short now at 787.
• now 779 first tgt achieved, book 50% here. Trail SL for rest.
• now 772, second tgt achieved.
• now 765, third tgt achieved.

2. Buy Educomp @860 tgt-866-873-882 sl-855

Update-

• 874, second tgt chieved.
• Now 879, book full.

All calls closed!!

==================================

29 October

Nifty fut Res-4790-4828 Sup-4755-4730

Stay cautious in reliance Industries, it can show weakness below 2005 level. Results might not be so convincing, and if they are below expectation then we might see it falling 100-200rs in coming days!!

• Update- RIL now 1980, more weakness will come if it breaks 1980 level.

1. Buy SBI 2400CA nov.series @30 tgt-45-60+ (Buy 50% here and rest if it comes down to 20 and hold)

Update-

• Now 35, intraday players and impatient traders book profit. Rest hold.
• Now trading at 39. Mint money with us.

=====================================

30 October

Nifty fut Res-4828-4854 Sup-4790-4750

For intraday Nifty fut will face resistance around 4854, and we might see some pressure building up in markets around this level. So stay cautious and trade accordingly!!

• Update- Nifty fut from 4862 to 4832 now.
• Yesterday's positional option call of SBI2400CA given@30, first tgt achived now at 47.9.
• Now SBI 2400CA 57.5 near to to second tgt.
• Nifty fut crasheddd to 4692 from our resistance level 4854.
• Reliance crashed down to 1922 from our given level of 2005. we told everyone yesterday.

1. Buy Nifty fut @4695 for holding. sl-4640

Update-

• Now 4725, keep booking profits and buy again on dips.
• Now 4752,keep booking profit for intraday and buy again on dips.
• Now 4710, buy again in range 4690-4710.

===================================

Intraday Market Outlook for 30September

In November'2008 we gave a Multibagger Kwality Dairy@25 now it is 633, see the massive gains in 10months.Two more multibaggers like this are ready to rock the markets in coming days!!

On 30September, Nifty fut will face resistance at 5025 level, in order to continue upsurge Nifty fut has to close above the next resistance levels of 5048. Sustaining above these resistance levels, will open doors for further upside move for markets. On higher side, if Nifty fut sustains above 5048 level, then we can see 5072-5090 levels. Contrary to this upside, sustaining below 5048 and not able to cross 5048 again n again, will create a sense of weakness in markets, and then we can see Nifty fut coming down, if it happens then on downside we have support at 4970, breaching this level Nifty can slide down to 4954-4930-4900 levels.
We recommend all traders to trade with strict stoplosses and keep booking small profits in daytrade, as the range for daytrade in Nifty is very narrow and W-shaped. Till Nifty fut is trading above 4900, use every dip till 4930, as a buying opportunity, nad follow the strategy of buy on dips sell on rise.





Nifty Level
Resistance-5025-5048-5072-5090
Support -4970-4954-4930-4900

===============================

Intraday Calls

• Cipla abv 282 tgt-285-288-293
• Axis Bank abv 927 tgt-935-941-949
• ONGC abv 1192 tgt-2000-2012-2026+
• MRPL abv 93.5 tgt-95-96.4-97.8
• Also watch Indus fila, Insectisides ind, RDB ind, Simplex.

For all trades,keep trailing your stoploss once the stock is above the buying price. Dont take delivery of any intraday call. Avoid spike buying.

For LIVE MARKET updates and stock calls, CLICK HERE.

====================================
For live market updates and stock calls, add our yahoo id- eaibsecurities@yahoo.com

Note- To Get all calls on mobile through SMS, Join our groups, FULTOOMASTI & EAIB Securities . Join both groups.

Only accuracy here!!!!

Market outlook for the week 29September-1October

For the week starting from 29September, Nifty future will face resistance at 5048 level,this level will act as a major resistance on upside. Once Nifty fut manages to cross and sustain above this level, then we can see an upsurge till the levels 5090-5125-5180. Any close above the level of 5180, can start a fresh round of buying and a panic shortcovering,which will make Nifty fut cross 5200 levels and make a new high. However if Nifty fut is unable to cross the resistance level, then downside we have support at 4910 level, once this level is breached and sustained then we can see Nifty sliding down to lower levels of 4865-4820-4790. Moving on to lower levels 4770 will again be major support for Nifty fut.
Considering aggressive PUT writing at 4800 and 4900 level, long rollover in stock futures and long rollover in Nifty, it reflects higher possibility of upward momentum to continue. But we recommend all traders to stay cautious in range of 5048-5145, and for all long positions keep booking profits as every rise. Till market is trading above 4900Level, it is favoring the bulls and it will be a buy on dips-sell on rise strategy. Weakness in markets will come only when it will breach 4900level, and then only we can see sharp downside movement.

Nifty Levels for the week

Resistance-4998-5048-5090-5125-5180

Support -4910-4865-4820-4790-4770

==================================

Stocks for the week

• KFA
• Ispat
• BPCL
• Divis Lab
• Ruchi soya
• KS Oil
• Orbit corp.
• RDB Ind
• Mundra Port

===================================

Intraday calls

• Cipla abv 268 tgt-271-273.6-276
• Finolex cables abv 47.5 tgt-48-48.6-49.3+
• Bharti abv 415 tgt-420-424.8-432+
• FCH abv 278 tgt-281.5-285-290+
• Also watch Madhucon projects, Astra Micro, Tanla Solutions,India Nippon.

For all trades,keep trailing your stoploss once the stock is above the buying price. Dont take delivery of any intraday call. Avoid spike buying.

For LIVE MARKET updates and stock calls, CLICK HERE.

====================================

For live market updates and stock calls, add our yahoo id- eaibsecurities@yahoo.com

Note- To Get all calls on mobile through SMS, Join our groups, FULTOOMASTI & EAIB Securities . Join both groups.

Only accuracy here!!!!

===================================

Upcoming Company Results

Date : Code
Company Name

6-Oct-09 PRISMCEM
PRISM CEMENT LIMITED

6-Oct-09 SHIV-VANI
SHIV-VANI OIL & GAS EXPLORATION SERVICES LIMITED

7-Oct-09 CHEMFALKAL
CHEMFAB ALKALIS LIMITED

8-Oct-09 EASTSILK
EASTERN SILK INDUSTRIES LIMITED

8-Oct-09 GOACARBON
GOA CARBON LTD

9-Oct-09 RADAAN
RADAAN MEDIAWORKS INDIA LIMITED

9-Oct-09 INFOSYSTCH
INFOSYS TECHNOLOGIES LTD.

12-Oct-09 EXIDEIND
EXIDE INDUSTRIES LTD.

14-Oct-09 CONCOR
CONTAINER CORPORATION OF INDIA LIMITED

14-Oct-09 HDFCBANK
HDFC BANK LTD

14-Oct-09 MAHSCOOTER
MAHARASHTRA SCOOTERS LTD

14-Oct-09 BAJAJFINSV
BAJAJ FINSERV LIMITED

15-Oct-09 WYETH
WYETH LIMITED

15-Oct-09 SBBJ
STATE BANK OF BIKANER AND JAIPUR

15-Oct-09 BAJAJHLDNG
BAJAJ HOLDINGS & INVESTMENT LIMITED

15-Oct-09 BAJAJ-AUTO
BAJAJ AUTO LIMITED

20-Oct-09 SBT
STATE BANK OF TRAVANCORE

21-Oct-09 CHAMBLFERT
CHAMBAL FERTILIZERS & CHEMICALS LTD

23-Oct-09 BATAINDIA
BATA INDIA LTD

24-Oct-09 DICIND
DIC INDIA LIMITED

26-Oct-09 RANBAXY
RANBAXY LABORATORIES LTD

27-Oct-09 MAHINDUGIN
MAHINDRA UGINE STEEL CO. LTD

27-Oct-09 WIPRO
WIPRO LTD

29-Oct-09 PSL
PSL LIMITED

29-Oct-09 BPCL
BHARAT PETROLEUM CORPN. LTD


-------------------------------------------------

News at a glance

BHEL hopes Rs 55000 cr orders this fiscal
BHEL (Bharat Heavy Electricals Ltd), the country’s largest power equipment manufacturer, is hopeful of getting orders worth Rs 55,000 crore within the financial year ending March 2010.
In first two quarters of this fiscal, BHEL already booked orders worth Rs 19,000 crore and remaining Rs 36000 crore orders are expected to come in next two quarters of this fiscal. The company have total outstanding order of about Rs 130000 crore in the order book.
BHEL have 80% of the total orders from private companies. The current share price of BHEL is Rs 2245.


Sesa Goa : plans to raise Rs 6000 crore
Sesa Goa is planning to raise Rs 6000 crore by issuing various securities in domestic and overseas markets. Sesa Goa is an iron ore exporter and has mining operations in Goa, Karnataka and Orissa. The proceeds will be used for finance the company's growth plans, including increasing its mining capacity.
There is a long list of companies planning to raise funds in the second half of current financial year and few among them are GMR Energy, Indiabulls Power, JSW Energy and state-run Bharat Heavy Electricals, NTPC, Welspun, Jet Airways and Reliance Infratel etc.
Sesa Goa would raise around Rs 2400 crore through FCCB (Foreign Currency Convertible Bonds). The company is considering QIP (Qualified Institutional Placements) route, global depository receipts, and warrants issue etc.
The company fixed the conversion price of Rs 346.88 for its FCCB issue to raise Rs 2400 crore.
The stock was down by 5.6 per cent to Rs 256.8 a share on the Bombay Stock Exchange on Friday.


Sujana Towers To Raise $ 24 mn in GDR/FCCB Funds
Sujana Towers Ltd has informed BSE that the Board of Directors of the Company at its meeting held on September 22, 2009, inter alia, has considered and approved the following:
1. Issue of Global Depository Receipts (GDRs) to an extent of US $ 12 million.
2. Issue of Foreign Currency Convertible Bonds (FCCBs) to an extent of US $ 12 million.
3. Further issue of equity shares/convertible warrants of the Company to Promoters and Non-Promoters under Section 81(1A) of the Companies Act, 1956 by way of Preferential Issue to an extent of Rs. 10 crores.
4. Approval of the draft notice for the Extraordinary General Meeting of the Company and to fix the date, venue therefor


L&T wins Rs 2000 crore order from GMR Energy
Larsen & Toubro Ltd. (L&T) on 24/9/09 signed Rs 2000 crore order from GMR Energy for setting up 2×384 MW gas-based power plant at Vemagiri near Rajahmundry, Andhra Pradesh. The work includes design, detailed engineering, supply, installation and commissioning of the plant on a turnkey basis.
The plant will have advanced class gas turbines and high efficiency steam turbines, which will be procured. by L&T. Construction, installation, commissioning and project management will also be done by the company. The project is scheduled for completion in the 11th Plan.
L&T set up a similar plant of 388.5 MW for GMR at the same location in 2006.