NIFTY NEXT- Nifty Trading Range for 31 Jan 2012

Nifty-Spot today (31Jan2012) will Trade with Flat to Positive Note within the Range of `5052-5114. As per Our NNI-Nifty Next Indicators, which gained by Huge +250% during last Trading session on 30. Jan 2012, suggests that Nifty will Trade with Positive Note. On Technical Price Chart, Major momentum indicators are in Over Bought Zone. If Nifty-Spot manages to close above `5166, then Bullishness will be There.

Call NiftyNext # +91 80171 98633 Or SMS NiftyNext @ 880 2230 836 For Paid Calls or Email at MAIL@NIFTYNEXT.COM Know More About Your Packages For Best Performance in Stocks Markets @ http://bankniftynext.blogspot.com

NIFTY NEXT-TOP 8 STOCKS FOR 31 JAN 2012

STOCKS/SCRIPS™ WWW.NIFTYNEXT.COM	TRENDS
SBIN
RELIANCE
ICICI BANK
LIC HSG FIN
TATA STEEL
LT
DLF
AXIS BANK

Call NiftyNext # +91 80171 98633 Or SMS NiftyNext @ 880 2230 836 For Paid Calls or Email at MAIL@NIFTYNEXT.COM Know More About Your Packages For Best Performance in Stocks Markets @ http://bankniftynext.blogspot.com

IRB Infrastructures Developers Ltd Q3FY12 Results Update

The company during the quarter as well as for 9M FY12 continued to report good set of numbers in spite of bleak industrial outlook. The reported financial numbers are very much in line with our estimates and we expect the company to outperform our full year FY12 earning estimates. While we have maintained BUY rating on the stock at these levels, we have revised the target of IRB upward from Rs210 to Rs226 after excluding the Goa projects due to improving industrial outlook backed by softening inflation and recent CRR cut by 50 bps. All are indicative of better economic outlook going forward.

Key Highlights of the Q3FY12:

• The company during the quarter has reported 12 and 37 percent growth in net sales for Q3FY12 and 9M FY12 to Rs746 and Rs2283 crore respectively. However, the net profit during the quarter declined by 1 percent to Rs131 crore whereas the net profit during 9M FY12 grew 7percent to Rs376 crore.

• We expect company to outperform our sales estimates of Rs3230 crore for FY12 and we have revised the net sales for FY13 upward to Rs4460 crore from earlier Rs4387 crore.

• The blended (EPC and BOT) EBITDA margin during Q3FY12 improved by 200 bps to 46 percent whereas EBITDA margin during 9M FY12 declined by 3 percentage points to 43 percent level. The margin improvement during the quarter was due to better operating efficiency.

• The net margin however continue to be under pressure declining another 230 and 450 bps during Q3FY12 and 9M FY12 to ~18 and ~17 percent level respectively owing to higher interest cost in BOT segment. The interest cost under BOT segment during 9M FY12 clocked 60 percent to Rs308 crore from Rs189 crore during the same quarter last year.

• Construction (EPC) continued to be the dominant segment of total revenue constituting ~70 percent of sales but during the quarter the same is declined slightly from 69% during Q3FY11 to 68% during Q3FY12. The BOT share has increased due to toll revenue from Tumkur-Chitradurga project.

• The company has raised the toll rate for its Surat-Dahisar and Mumbai- Pune project by 10 and 18 percent respectively during FY12 which has resulted into 30 and 27 percent growth in toll collection during Q3FY12 and 9M FY12 respectively. The share of Mumbai- Pune toll has decreased from 32 percent in Q3FY11 to 31 percent in 3FY12 due to rise in the share of other projects like Tumkur-Chitradurga, Surat-Dahisar etc

• The company has nearly completed its Surat-Dahisar and Pune-Solapur project and is likely to start collection of toll for its Solapur project from Q4FY12 onwards.

• The current order book for IRB stands at Rs9128 crore which is nearly 3x of its 9M FY12 consolidated annualized sales which indicate a very robust revenue visibility.

• In addition to above, IRB has Rs48274 crore and Rs1805 crore worth of order at RFQ and RFP stage respectively indicating a robust business opportunity for IRB. Over and above NHAI is expected to award 7300 kms worth of project during financial year 2011-12 of which ~5000 kms is already awarded till December 2011.
• Source www.sbicaps.com

NIFTY NEXT- Nifty EOD 30 Jan 2012 Technical Analysis & Out Look For 31 Jan 2012

                         Just Updating !

NIFTY NEXT-FUTURES CALLS FOR 30 JAN 2012 Link is Open for Today

NIFTY FUTURES Calls Link is Open for Indian Equity Traders. Simply Click @ TRADE NIFTY Pink Color Tab to Access the Today's Calls on Nifty-Future.
If You Want to Regular Access the Calls, Please contact Nifty Next @ 80171 98633 or Email us at mail@niftynext.com for Subscriptions.

NIFTY NEXT- Nifty Trading Range for 30Jan 2012

Nifty-Spot today (30Jan2012) may Trade with Huge with Volatility with Flat to Negative Note within the Range of `5213-5162. As per Our NNI-Nifty Next Indicators, which Declined by -63% in last Trading Sessions on 27 Jan 2012 along with Fall in Volume, suggests that Nifty may Trade in Negative Zone in First Trading Session, but it may Recover its losses in afternoon Trading Session. On Technical Price Chart, Nifty is showing Weakness. It has formed a Bearish Hanging Man on Daily price chart. Major Momentum Indicators are also looking over-bought. Closing  Below ` 5128 will start a Bearish Wave. 

Call NiftyNext # +91 80171 98633 Or SMS NiftyNext @ 880 2230 836 For Paid Calls or Email at MAIL@NIFTYNEXT.COM Know More About Your Packages For Best Performance in Stocks Markets @ http://bankniftynext.blogspot.com

NIFTY NEXT-TOP 6 STOCKS FOR 30 JAN 2012

STOCKS/SCRIPS™ WWW.NIFTYNEXT.COM	TRENDS
LT
TATA MOTOR
TATA STEEL
ICICI BANK
SBIN
RELIANCE

Call NiftyNext # +91 80171 98633 Or SMS NiftyNext @ 880 2230 836 For Paid Calls or Email at MAIL@NIFTYNEXT.COM Know More About Your Packages For Best Performance in Stocks Markets @ http://bankniftynext.blogspot.com

BPCL-A MultiBagger,Buy/Sell/Hold,Growth Pospects and Recomendation,News and Results,Target Price and Analysis,Views and Outlook

BPCL closes  at  `577.30  with a Fall  of –0.40 % on 27 Jan 2012 with formation of  a Black Opening Marubozu Candle & Falling Wedge Pattern on Daily  Price Char . Technically, BPCL is looking  Weak on Charts. Major Momentum Indicators are also Bearish on Price Chart. Neural Network Powered Predictive RSI & Trend Score is moving Downward on Daily Price Chart.

We Recommend to SELL- BPCL at ` CMP

Target- ` 556.50

STOP LOSS- ` 586.45

Time Frame- 5-15 Trading Days
Editor’s Note : This Article is written by Vina S Singh, Senior  Chartist at  www.niftynext.com , which is a Technically Based Quant Research Firm at M/S Durgapur Holdings in Durgapur, West Bengal, India that covers all Stocks(Trades at NSE) & In-Depth Analysis of Indian Equity Market,Major World Indicies,Bonds,ETFs. We use Ami Broker Charting Software (V-5.50),Pattern Explorer & AmiTools-Power Scan(V-1.3.6).You can reach the Chartist here mail@niftynext.com Or Over Phone at +91 80171 98633 Or SMS at +91 880 2230 836/ 8927670565.

BHEL-A MultiBagger,Buy/Sell/Hold,Growth Pospects and Recomendation,News and Results,Target Price and Analysis,Views and Outlook

BHEL closes  at  ` 273.30  with a Fall  of –3.10 % on 27 Jan 2012 with formation of  a Long Black  Candle on Daily  Price Char . Technically,  BHEL is looking  Weak on Charts. Major Momentum Indicators are also Bearish on Price Chart. Neural Network Powered Predictive RSI & Trend Score is moving Downward on Daily Price Chart.

We Recommend to SELL-  BHEL at ` CMP

Target- ` 269/245

STOP LOSS- ` 284.40

Time Frame- 5-15 Trading Days
Editor’s Note : This Article is written by Vina S Singh, Senior  Chartist at  www.niftynext.com , which is a Technically Based Quant Research Firm at M/S Durgapur Holdings in Durgapur, West Bengal, India that covers all Stocks(Trades at NSE) & In-Depth Analysis of Indian Equity Market,Major World Indicies,Bonds,ETFs. We use Ami Broker Charting Software (V-5.50),Pattern Explorer & AmiTools-Power Scan(V-1.3.6).You can reach the Chartist here mail@niftynext.com Or Over Phone at +91 80171 98633 Or SMS at +91 880 2230 836/ 8927670565.

AXISBANK -A MultiBagger,Buy/Sell/Hold,Growth Pospects and Recomendation,News and Results,Target Price and Analysis,Views and Outlook

AXISBANK closes  at  ` 1073.05  with a Gain  of +0.90 % on 27 Jan 2012 with formation of  Hammer Candle on Daily  Price Char . Technically, AXISBANK  is looking  Weak on Charts. Major Momentum Indicators are also Bearish on Price Chart. Neural Network Powered Predictive RSI & Trend Score is moving Downward on Daily Price Chart.

We Recommend to SELL- AXISBANK  at ` CMP

Target- `1053/1047

STOP LOSS- ` 1079.40/1085

Time Frame- 5-15 Trading Days
Editor’s Note : This Article is written by Vina S Singh, Senior  Chartist at  www.niftynext.com , which is a Technically Based Quant Research Firm at M/S Durgapur Holdings in Durgapur, West Bengal, India that covers all Stocks(Trades at NSE) & In-Depth Analysis of Indian Equity Market,Major World Indicies,Bonds,ETFs. We use Ami Broker Charting Software (V-5.50),Pattern Explorer & AmiTools-Power Scan(V-1.3.6).You can reach the Chartist here mail@niftynext.com Or Over Phone at +91 80171 98633 Or SMS at +91 880 2230 836/ 8927670565.