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Market outlook 21-09-2010

US Markets closed flat.
Europe markets ended negative.
Asian markets are trading in green.
Expect Indian Markets to open flat.
Nifty: (6009) Support 5960 and Resistance 6040.

INTRADAY BEEPS


BUY CREWBOS TARGET 190 SL 177;
BUY DELTA CORP TARGET 83 SL 74;
BUY IVRCL INFRA TARGET 172 SL 163;
BUY HOVS TARGET 140 SL 133;
BUY VIP IND TARGET 560 SL 540;
BUY TINPLATE TARGET 85 SL 77;
BUY DCM TARGET 110 SL 104;
BUY JMC PROJECT TARGET 218 SL 207;

STOCK BEEPS

-Sun Pharma announces settlement with Levitt and Moros families
-ONGC only foreign firm to bid for Trebs & Titov oil deposits
-IATA revises 2010 aviation outlook,expects Profit for 2010 to be USD 8.9 billion vs USD 2.5 billion
-Mahindra Satyam to have board meet on September 29 to restate accounts
-Essar Oil raises petrol prices by 27 paise/ltr
-Nitin Fire Acquired substantial holding in Dubai based New Age Company LLC.
-Panoramic Universal has further acquired 12.25% equity of M/s Sri
Vatsa Hotels Ltd, a closely held unlisted public Company and a subsidiary of Panoramic Universal Ltd.
-Allied Digital board approved issue of share warrants on preferential basis to ‘Intel Capital Corporation', US for value not exceeding Rs 32crore
-Orient Ceramics to acquire 62.9% stake in Bell Ceramics, to make an open offer (Stake acquired at Rs 20.69/sh) -ONGC only foreign firm to bid for Trebs & Titov oil deposits
-IATA revises 2010 aviation outlook,expects Profit for 2010 to be USD 8.9 billion vs USD 2.5 billion
-Mahindra Satyam to have board meet on September 29 to restate accounts
-Essar Oil raises petrol prices by 27 paise/ltr
-Nitin Fire Acquired substantial holding in Dubai based New Age Company LLC.
-Panoramic Universal has further acquired 12.25% equity of M/s Sri Vatsa Hotels Ltd, a closely held unlisted public Company and a subsidiary of Panoramic Universal Ltd.
-Allied Digital board approved issue of share warrants on preferential
basis to ‘Intel Capital Corporation', US for value not exceeding Rs 32 crore
-Orient Ceramics to acquire 62.9% stake in Bell Ceramics, to make an open offer (Stake acquired at Rs 20.69/sh)

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