Tip for Sept 24th 2008

By CROW -
If Nifty breaks 4114 then Nifty can fall till the level of 4049 and if this level is also broken than one may see it touching 4000 levels.Global meltdown is taking its toll on India and it is presently is in a cyclical slowdown, however not to worry as long term structural story is intact.

Sell Axis bank<677.8,673,661 sl 682
Buy BANK of India>284.1,289,295 sl 279.8

Comments

Post a Comment

Popular posts from this blog

FY2010 H1B quota

By CROW -
After many months of little or no movement, we are at last seeing an increasing number of new H1B petitions accepted by the USCIS under the fiscal year 2010 quota. As of November  27 th , the USCIS reported that they had received approximately 58,900 petitions. The annual quota limit is 65,000. The law provides special set asides of up to 6,800 numbers for petitions filed for citizens of Chile and Singapore, under special free trade agreements. Technically, this reduces the overall quota to 58,200. Most of the Chile/Singapore set asides, however, are returned to the main pool and used by "regular" H1B petitioners. Given that this is a relatively small number, however, it shouldn't delay by too long the date on which the quota is finally reached.   Given the increasing number of filings, and the new sense of urgency that will undoubtedly result in more speculative filings by people hoping to get in while visas are still available, we can expect to see the quota r...
Read more

July 6th 2009 Market Update

By CROW -
01:28 PM Monday , 06 July The market slides and is trading weak on lack of major announcements in the budget. Sensex is trading at 14,336, down 576 points and Nifty is at 4,248, down 175 points from the previous close. Source : IRIS 01:13 PM Monday , 06 July Indian Union Budget 2009-2010: The market was running ahead of realty and so there is some disappointment for corporate Indian from the budget, says Uday Kotak of Kotak Securities. But this is a great time for medium-term investors who were left out to get into the market now, he adds. Source : CNBC TV18 01:11 PM Monday , 06 July Indian Union Budget 2009-2010: The Finance Minister has not packaged the budget very well, says Samir Arora of Helios Capital. But the market will forget about the budget in 4-5 days, he adds. Source : CNBC TV18 12:15 PM Monday , 06 July The market at noon has plunged, in an initial reaction to the Union budget even as the Finance Minister is in the midst of presenting it in Parliament. S...
Read more

Auguest 6th stock update

By CROW -
01:00 PM Thursday , 06 August Vikash Agarwal, Head - Research, Devkinandan Consultants recommends investors to buy State Bank of Bikaner & Jaipur with a horizon of 3-4 month target of Rs 853. Source : IRIS 12:58 PM Thursday , 06 August Vikash Agarwal, Head - Research, Devkinandan Consultants recommends investors to buy Aurobindo Pharma with a horizon of 1 month stop-loss of Rs 530 target of Rs 808. Source : IRIS 12:54 PM Thursday , 06 August Vikash Agarwal, Head - Research, Devkinandan Consultants recommends investors to buy Asian Paints with a horizon of 1 month stop-loss of Rs 1,279 for intra-day target of Rs 1,656. Source : IRIS 11:01 AM Thursday , 06 August Ashwani Gujral, technical analyst advises investors to buy Sesa Goa with targets of Rs 300 and higher. It has support at Rs 225, he adds. Source : CNBC AWAAZ 10:59 AM Thursday , 06 August Technical analyst, MB Singh recommends investors to hold RIL with targets of Rs 2,100 and then 2,400. Keep stop-loss...
Read more