Thursday, May 21, 2015

Nifty Chart

Waiting for Break 8470 and TGT 8560+

Wednesday, May 20, 2015

Gujarat GAS

Scheme of Amalgamation of Gujarat Gas Company Ltd.
Content
SUB. : - Scheme of Amalgamation of Gujarat Gas Company Ltd. (Scrip Code 523477).

Trading members of the Exchange are hereby informed that, pursuant to the Scheme of Amalgamation of Gujarat Gas Company Limited with Gujarat Gas Limited as approved by the Hon’ble High Court of Gujarat at Ahmedabad, Gujarat Gas Limited has fixed a Record Date to determine the entitlement of shareholders of Gujarat Gas Company Ltd. to the equity shares of Gujarat Gas Limited.

Trading Members are advised not to deal in the equity shares of Gujarat Gas Company Ltd. with effect from the under mentioned date.

COMPANY NAME 
CODE
RECORD DATE
PURPOSE
NO DEALINGS FROM
Gujarat Gas Company Ltd.
(523477; 623477)
28/05/2015

The Scheme of Amalgamation: -

Amalgamation of Gujarat Gas Company Ltd. with Gujarat Gas Limited.

Upon the Scheme becoming effective, in consideration of transfer and vesting of the Undertaking of Gujarat Gas Company Ltd. in Gujarat Gas Limited, Gujarat Gas Limited shall issue and allot shares to all the shareholders of Gujarat Gas Company Ltd. in the following share exchange ratio:

1 (ONE) equity share of Rs. 10/- each of Gujarat Gas Ltd. for every 1 (ONE) equity share of Rs. 10/-  each held in Gujarat Gas Company Ltd.
27/05/2015
DR-039/2015-2016


Trading Members of the Exchange are requested to take note of it.

 


Welspun Enterprises

Scheme of Amalgamation of Welspun Enterprises Ltd.
Content
SUB. : - Scheme of Amalgamation of Welspun Enterprises Ltd. (Scrip Code 538538).

Trading members of the Exchange are hereby informed that, pursuant to the Scheme of Amalgamation of Welspun Enterprises Limited with Welspun Projects Ltd as approved by the Hon’ble High Court of Judicature of Bombay and Hon’ble High Court of Gujarat at Ahmedabad, Welspun Projects Ltd has fixed a Record Date to determine the entitlement of shareholders of Welspun Enterprises Ltd. to the equity shares of Welspun Projects Ltd.

Trading Members are advised not to deal in the equity shares of Welspun Enterprises Ltd. with effect from the under mentioned date.

COMPANY NAME 
CODE
RECORD DATE
PURPOSE
NO DEALINGS FROM
Welspun Enterprises Ltd.
(538538)
05/06/2015

The Scheme of Amalgamation: -

Amalgamation of Welspun Enterprises Ltd. with Welspun Projects Ltd.

Upon the Scheme becoming effective, in consideration of transfer and vesting of the Undertaking of Welspun Enterprises Ltd. in Welspun Projects Ltd, Welspun Projects Ltd shall issue and allot shares to all the shareholders of Welspun Enterprises Ltd. in the following share exchange ratio:

12 (TWELVE) equity shares of Rs. 10/- each of Welspun Projects Ltd. for every 1 (ONE) equity share of Rs. 10/-  each held in Welspun Enterprises Ltd.
04/06/2015
DR-045/2015-2016


Trading Members of the Exchange are requested to take note of it.

 

Marico Kaya

Scheme of Amalgamation of Marico Kaya Enterprises Ltd.
Content
SUB. : - Scheme of Amalgamation of Marico Kaya Enterprises Ltd. (Scrip Code 538503)

Trading members of the Exchange are hereby informed that, pursuant to the Scheme of Amalgamation of Marico Kaya Enterprises Limited with Kaya Ltd as approved by the Hon’ble High Court of Bombay, Marico Kaya Enterprises Limited and Kaya Ltd has fixed a Record Date to determine the entitlement of shareholders of Marico Kaya Enterprises Ltd. to the equity shares of Kaya Ltd.

Trading Members are advised not to deal in the equity shares of Marico Kaya Enterprises Ltd. with effect from the under mentioned date.

COMPANY NAME 
CODE
RECORD DATE
PURPOSE
NO DEALINGS FROM
Marico Kaya Enterprises  Limited
(538503)
27/05/2015

The Scheme of Amalgamation: -

Amalgamation of Marico Kaya Enterprises Ltd. with Kaya Ltd.

Upon the Scheme becoming effective, in consideration of transfer and vesting of the Undertaking of Marico Kaya Enterprises Ltd. in Kaya Ltd, Kaya Ltd shall issue and allot shares to all the shareholders of Marico Kaya Enterprises Ltd. in the following share exchange ratio:

1 (ONE) equity share of Rs. 10/- each of Kaya Ltd. for every 1 (ONE) equity share of Rs. 10/-  each held in Marico Kaya Enterprises Ltd.
26/05/2015
DR-038/2015-2016


Trading Members of the Exchange are requested to take note of it.

 

Nifty CHART



Good Support @ 8320 
Good Resistance @ 8460

Once Break 8460 straight 80-100 points to reach TARGET
from there from short covering.

38.2% of the swing 9119-7997        - 8425
and 50% of the swing  8844-7997 at 8420
So Strong resistance for Short term 8427

Small hurdles 8460 for Bulls to go to
Profit booking area 8539-58 - 161.8% 
of the swing 8332-7997
(Range 8521-8558)