Friday, February 24, 2012

MCX IPO-subscription-oversubscription


mcx-subscription-oversubscription

Sr.No.CategoryNo. of shares bid forNo. of times
1Qualified Institutional Buyers (QIBs)10619293249.12
1(a)Foreign Institutional Investors (FIIs)43593366
1(b)Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies)51320550
1(c)Mutual Funds7818888
1(d)Others3460128
2Non Institutional Investors139313544150.35
2(a)Corporates73526028
2(b)Individuals (Other than RIIs)64728672
2(c)Others1058844
3Retail Individual Investors (RIIs)5219063424.14
3(a)Cut Off46194600
3(b)Price Bids5996034
4Employees440340.18
4(a)Cut Off42276
4(b)Price Bids1758
Updated as on 24 FEB 2012 at 2030 hrs


Market view 24-02-2012

The market is likely to consolidate or even
correct in the coming days as it prepares for some big events
including the state election results, the budget and the next RBI
policy. We remain focused on stock-picking as a strategy


Thursday, January 19, 2012

BUY



TITAN @ 186  TGT 215  SL 182
Nifty:20-01-2012

The markets ended in green on account of huge buying seen in the heavy weight stocks like
Icici Bank, LT, and Tata Steel etc. The Index in the short term with a rising window pattern
indicates positive trend very much intact. This short term up trend remain intact until the
mentioned support level of 4,800 is not breached decisively. Stability above 5,020 will further
extend the rally to 5,080 levels in the near term.

Support: Major support level 4,980/4,950.
Conclusion: Volatility to continue, trade with strict Stop Loss.