July 14 Tip

Action Stock Rate Target Stoploss Comment
Buy Sterlite Ind 584.00 591-600-610 572.00
Buy Axis Bank 755.90 764-770-777 742.00
Buy GAIL 316.50 319.50-323.50-329.00 312.00
Buy Reliance 1747.00 1760-1775-1790 1735.00
Buy Essar oil 119.55 121-124-127 118.00
Buy Educomp 3657.00 3680-3710-3750 3640.00
Buy Sail 140.65 142.00-145.00-148.00 138.00
Buy ICICI Bank 632.95 640-648-660 620.00

Market Seems Open Positive

Asian Market Closes Negative

SSE Composite Ind 3080.556 -33.376(-1.07%)
SSE 50 Index 2467.485 -51.59(-2.05%)
SSE COMPONENT IND 12660.545 -45.462(-0.36%)
NIKKEI 225 9050.33 -236.95(-2.55%)
TSEC weighted ind 6530.82 -239.04(-3.53%)
HANG SENG INDEX 17254.631 -453.79(-2.56%)

Europe And Us Market Moves Positive

FTSE 100 4202.13 +74.96(+1.82%)
DAX 4722.34 +146.03(+3.19%)
CAC 40 3052.08 +68.98(+2.31%)
Dow Jones Industr 8277.56 +131.04(+1.61%)
NASDAQ Composite 1779.04 +23.01(+1.31%)

Tomorrow Indian Market Opens In Positive,SO hunters Ready With Tomany Arrows

ABB Ltd. 14 July

Description	:	ABB Ltd.
Headline	:	ABB wins Rs 1654 million power order in India
Date	:	Jul-01-2009
ABB Ltd has informed BSE regarding a Press Release dated July 01, 2009 titled "ABB wins Rs 1654 million power order in India".

Stock Code: NSE » ABB AND BSE » 500002

658.45 -33.65 (-4.8%)

Details		Technicals for	14-07-2009
Open	680.15	Resistance 3	732.8
Last close	692.10	Resistance 2	711.4
Today's high	690.00	Resistance 1	684.8
Today's low	642.00	PP (Pivot Point)	663.4
Volume	348,531	Support 1	636.8
52-Week high	936.80	Support 2	615.4
52-Week low	343.35	Support 3	588.8
Trade Date	13-07-2009	50 DMA	717.033
Avg Volume	563,522	200 DMA	521.187

ABB Ltd. : Balance Sheet

Industry	Electric Equipment -	BSE Code	500002	Face Value	Rs. 2.00
Chairman	Mr. Gary Steel	NSE Code	ABB	Market Lot	1
Group	MNC Associate	ISIN No	INE117A01022	Book Closure	19/05/2009

You can view Balance Sheet for the last 5 years.

(Rs in Cr.)

	Dec ' 08	Dec ' 07	Dec ' 06	Dec ' 05	Dec ' 04
SOURCES OF FUNDS
Owner's Fund
Equity Share Capital	42.38	42.38	42.38	42.38	42.38
Share Application Money	0.00	0.00	0.00	0.00	0.00
Preference Share Capital	0.00	0.00	0.00	0.00	0.00
Reserves & Surplus	2,062.29	1,569.42	1,138.65	846.67	666.94
Loan Funds
Secured Loans	0.00	0.00	0.00	0.00	0.00
Unsecured Loans	0.02	0.57	1.55	2.73	1.49
Total	2,104.69	1,612.37	1,182.58	891.78	710.81
USES OF FUNDS
Fixed Assets
Gross Block	766.48	576.91	514.52	414.16	358.03
Less : Revaluation Reserve	14.28	14.54	14.81	15.07	15.34
Less : Accumulated Depreciation	220.65	224.98	207.34	187.50	168.02
Net Block	531.56	337.39	292.36	211.59	174.66
Capital Work-in-progress	137.51	105.94	24.62	38.42	4.93
Investments	61.12	70.45	77.35	87.15	106.97
Net Current Assets
Current Assets, Loans & Advances	4,745.68	4,136.80	2,813.24	2,007.45	1,421.64
Less : Current Liabilities & Provisions	3,371.18	3,038.22	2,025.00	1,452.83	997.39
Total Net Current Assets	1,374.50	1,098.58	788.24	554.62	424.25
Miscellaneous expenses not written	0.00	0.00	0.00	0.00	0.00
Total	2,104.69	1,612.36	1,182.57	891.78	710.81
Note :
Book Value of Unquoted Investments	1.00	1.00	7.90	40.40	64.69
Market Value of Quoted Investments	59.12	76.45	71.48	52.72	41.51
Contingent liabilities	248.09	133.10	95.57	105.08	104.97
Number of Equity shares outstanding (in Lacs)	2,119.08	2,119.08	423.82	423.82	423.82