Forex Trading

Forex trading or foreign exchange trading is a popular form of trading these days. From trading in stocks and commodities people are now moving towards trading in foreign exchange now day a days. Foreign exchange refers to the currency of a particular country. As the value of the stock moves up or down in a stock exchange the value of the foreign exchange also appreciates or depreciates relative to a currency of another country. Forex trading involves the largest amount of resources and funds in the world.

A common misconception is that foreign exchange is only for institutional investors and not the retail investors but the truth is far away from it. Thousands of retail investors invest in foreign exchange on a daily basis all around the world. Some of the most commonly traded currencies in the world are the American dollar, the Japanese yen, the British round, the European euro and the Chinese yuan. Whenever you trade in foreign exchange you generally trade in pairs. Thus when you sell a particular foreign exchange you buy another currency in exchange of it.

Foreign exchange trading happens on a daily basis and every single minute of the days where as stock trading is limited to the amount of time when the market or the stock exchange is open. Foreign exchange trading is no rocket science and extremely simple. Individual investors can easily understand the basics of foreign exchange trading.

There are several web sites on the internet that allow you to do forex trading. You should ensure that you do forex trading from a registered broker only. You can also find the link having the registered broker names on the internet who let you be a part of forex trading.

On this web site you will find a few tips for forex trading and also a few dos and don’t’s that you should specifically keep in mind while getting yourself involved in forex trading. If you are interested in forex trading then you can go through this entire web site and learn a lot of things related to forex trading from forex trading basics, forex trading strategies, forex trading systems and others. You will also find information available on this web site regarding the ideal time when you should be doing forex trading and you will also get to learn the basics of forex day trading.

There are several web sites on the internet that allow you to practice forex trading before you actually take part in forex trading. You will find such web site links that let you practice forex trading online on this web site. Forex trading is no rocket science and if you are willing to master it in order to make some money then no one can stop you.

The goal of all the other traders in the market is to take your money.

And if you are going to play around with some fancy tools and indicators that you don't even understand you can be assured that your hard earned money will be paying someone's BMW lease payments.

Forex market behaviour is influenced buy such countless factors that no single person can comprehend and understand, let alone act on all of them. News releases, reports, geopolitical events, natural disasters, countless technical analysis indicators...

Are you seriously thinking that you could meaningfully digest all of that info?

Do you think that Warren Buffett listens to all of that noise? If Jesse Livermore was still around do you think that he would be basing his trading decisions on CNBC commentaries?

This is where "Forex Trading Course™" comes into play...

It will provide you with a trading system that is based on fundamental principles of forex trading. Nothing fancy and complicated. It has to be simple so that you can trade it instinctively without doubts and second thoughts. It provides a real edge and after a short practice you will be ready for a big league.

What is forex trading all about?

Is it about finding your inner self? Is it about understanding of how currency markets provide global trading equilibrium? Is it about becoming a better person?

I don't think so. I would say that forex trading is about making money.

It is as simple as that. And that is precisely why you are here...

Questions that are often asked by aspiring traders are: "What kind of trading approach should I use?

Day trading, swing trading, position trading? How many indicators should I use? Should I follow the TV news channels?..."

If you are facing similar dilemmas let me make an analogy.

If you were attacked in a dark alley and you felt that your life was in real danger what kind of defense technique wouuld you attempt to use.

Would you attempt to kick your assailant with some fancy kung fu move that you saw in a movie?

Or would you use some basic but brutally effective "knee to the groin", "thumb to the eye" technique that is easy to implement and that you are 100% certain will have an effect?

When you have your hard earned money riding on your trades maybe your life is not at stake by your and your family's livelihood is.

Automatic Forex Trading

As you may have for the most powerful Automated Forex Trading system exists today. This is Red Hot, and I know that you not only love, but if you use it correctly, you will benefit too!

    There has been a growing interest in Forex trading programs, starting with the introduction of automated systems has become common and affordable. Although this game was a financial tycoons, banks and other large shareholders in these days, even small and mid-level investors vtyanetsya taking it. This is a market where trading currency of a country on the other. Trillions of dollars are traded every day without stopping, making it the largest and most active financial markets in the world.

      Today, when Forex trading is a relatively simple with the advent of the Internet and high technology, all connections to the Internet, computer software-Forex trading accounts, and some knowledge of the mediation can effectively address this. This market is wide open around the clock, so if you want to keep updated of events happening inside you should be able to monitor it. Such automated systems can actually help you not only with the choice of currency before any purchase, but we ask and the sales price participation. What investments are needed in small and facilitator for immediate operation.

     You do not need to be a professional make a profit from this agreement because the Forex automated systems of computer programs, taken care of all the work for you. Using the automated system used by the monitoring of accounts, the program handles all the details himself for you. This process can actually save a lot of time after the transaction will not be made automatically, but you systems. In contrast to the manual handling be automated program can help you manage more than one account simultaneously. These systems can operate in different markets, using multiple systems.

    At Forex programs that relate to the flexibility and ease that you can use if you can choose to trade any time, there is no physically. This means that you will not lose the opportunity to earn more money, even if you are not sitting in front of the computer. Different operating systems can be as uncomplicated and the transfer of a number of Forex charts. Each system is installed on some of the specific market situation, in order to maximize the benefits you with minimal risk.

   One of the most redeeming features of Forex software that should do it, that it ignores any human feelings at all, sometimes in the way of solutions, which should make logical. This allows you to manipulate and deal in different currencies at the same time.

   Use programs that have to do Forex does not absolve you from your duties with knowledge of the fundamentals of Forex Trading, market trend analysis, technical analysis, etc., if you want to make a continuous profit. Even with very sophisticated automated systems, it does not guarantee a profit from Forex market unsteady and irregular. You can install the software Forex lightly, as well as customize the settings according to your preferences.

Tips For Online Stock Trading

Placement of Limit Order against Market Order 

Online retailer has the opportunity to place a market or limit orders for buying and selling shares. A market order to the investor the opportunity to buy shares at market price. In the case of highly volatile stocks and IPOs, the price at which an investor of a contract and the price at which the contract is executed, an important role. It is then a limit order is assumed importance. A limit order is still far from the market. There are two types of orders: the purchase and sale of Limit Order Limit Order. A limit buy order determines the maximum price at which shares are purchased, while the limit sell order is the minimum price at which shares are sold in May A buy limit order is lower than the current market price, while sales of limit orders is higher than the market price. The advantage is that we never end the buying and selling land at exorbitant prices. The disadvantage is that our mission can not be performed.

Stop Order and market order

Online investor has the option to use a stop order. A stop order, the price of a stock bought and sold. There are two types of stop orders: Sell stop orders and stop orders to buy. A buy stop order to protect our assets in the case of sales. A sale of a bond and selling the stock. Consider the case if a trader has sold short shares of 100 U. S. dollar. If, after the sale of the share price to $ 80, the broker has a golden opportunity to purchase shares. In case the stock starts to appreciate again, the dealer may buy stop order at $ 85 (say). A stop loss order is used for our benefit in the event, we believe that prices fall in May after an increase in the near future. For example, if a purchased $ 80 and $ 95 value, we can stop a sell order at $ 90, if we think the share price in May in the future. Once the stop price is reached, the stop order is a market order.

Stop Limit Orders

A stop-limit order combines the features of a stop order and limit orders. A trader usually buys a stock if it considers that the price of the shares in the near future. A stop-limit for the purchase of a dealer to buy the shares, just before he began to appreciate. We assume that the market price is approximately $ 90th If a dealer with a stop order at $ 95 and a limit order at $ 97, shares will be purchased between $ 95 and $ 97 (both inclusive). This is an example of a decision of purchase orders.

Margin for Trading

Margin trading is a body of merchants online. An investor of a margin, you can buy debt securities by a certain amount of the brokerage firm. Securities as collateral for the loan. The investor is expected that a certain balance in his margin account. This is called the maintenance margin. For the price of security under the maintenance margin, the investor is obliged to fill the gap. Sometimes, the company may sell, without the security of investors. Therefore, please before other trading margins.

Online Trading Advantages

Trading online has many advantages. One of the advantages of shopping online is the ease with which transactions executed. The effect is immediate. Placement for the purchase and sale contracts are nominal. A system of linked accounts so that the investor's property. Portfolio Management is an easy task. The investor online tools easy to use. Many companies trading online to the customer direct access to brokers to help it invest in an appropriate manner. An operator has access to many markets and investments in foreign companies through the purchase of American Depository Receipts (ADR). The best feature of online trading is the ability to earn money while staying at home.

These features are available, about creating an account with an online broker. Some services require a fee. Although the decision on an online broker, it is desirable to ensure the services provided by intermediaries and to ensure that no hidden costs. In addition, an investor must understand the risks of online trading in shares. A conservative investor is one who enjoys the benefits for him, without his financial independence.

India Starts longer bull market that can last for another 15 years

Raging Indian Bull

March 25 (Bloomberg) -- India’s key stock index may be embarking on its second rally of a five-wave cycle that may help the benchmark surpass its earlier record high, according to technical analysis by Elliott Wave International Inc.

The Bombay Stock Exchange Sensitive Index may be breaking out from its downtrend line, Elliott Wave said in its Asian- Pacific Financial Forecast report. The index may be following the pattern of gains and losses set between 2003 and 2008, and may have already started on the next leg of a longer bull market that can last for another 15 years, the market forecaster said. “Prices in India’s Sensex have just broken above a downtrend line, imitating a pattern from 2004 that led a strong rally,” Elliott Wave International said in a report.

The Sensex rose 5.6 percent in the past two days, trimming the year’s loss to 1.8 percent, on optimism U.S. plans to rid banks of toxic assets will help ease the credit crisis and revive global economic growth. This five-wave cycle will include three rallies, with each peak exceeding the previous one. The first wave started with gains between April 2003 and January 2008, Elliot Wave said, while the bear market in the past year marked the second. The prediction of this rally, or the third wave, is based on a similar pattern of market movements within the first, the researcher said.

Elliott Wave Theory, created by U.S. market analyst Ralph Elliott in 1938, attempts to predict future price moves by dividing past trends into sections, or waves, and calculating changes in value. Gainesville, Georgia-based Elliott Wave International was founded by Robert Prechter, who was famous for cautioning investors that stocks would slump two weeks before the 1987 stock market crash.

http://bloomberg.com/apps/news?pid=20601091&sid=a_EOAMoVs7gE&refer=india

BSE Settlement Calendar

October 2010 Settlement No. Sett.No.for Depository purpose Trading Dt. Entry of 6A/7A data by members. Confirmation of 6A/7A Data by custodians # & Issue of delivery, money statements etc Pay-in/ Pay-out + No Delivery period For Physical scrips ** Auction Sett.No. ++ Submission of auctionoffers on ++ AuctionPay-in(12 noon )/ Pay-out(1:30p.m.) ++ DR-131/2010-2011 1011131 01/10/2010 01/10/2010 04/10/2010 05/10/2010 28/09/2010 to 15/10/2010 RA-131/2010-2011 06/10/2010 07/10/2010 DR-132/2010-2011 1011132 04/10/2010 04/10/2010 05/10/2010 06/10/2010 29/09/2010 to 16/10/2010 RA-132/2010-2011 07/10/2010 08/10/2010 DR-133/2010-2011 1011133 05/10/2010 05/10/2010 06/10/2010 07/10/2010 30/09/2010 to 17/10/2010 RA-133/2010-2011 08/10/2010 11/10/2010 DR-134/2010-2011 1011134 06/10/2010 06/10/2010 07/10/2010 08/10/2010 01/10/2010 to 18/10/2010 RA-134/2010-2011 11/10/2010 12/10/2010 DR-135/2010-2011 1011135 07/10/2010 07/10/2010 08/10/2010 11/10/2010 04/10/2010 to 21/10/2010 RA-135/2010-2011 12/10/2010 13/10/2010 DR-136/2010-2011 1011136 08/10/2010 08/10/2010 11/10/2010 12/10/2010 05/10/2010 to 22/10/2010 RA-136/2010-2011 13/10/2010 14/10/2010 DR-137/2010-2011 1011137 11/10/2010 11/10/2010 12/10/2010 13/10/2010 06/10/2010 to 23/10/2010 RA-137/2010-2011 14/10/2010 15/10/2010 DR-138/2010-2011 1011138 12/10/2010 12/10/2010 13/10/2010 14/10/2010 07/10/2010 to 24/10/2010 RA-138/2010-2011 15/10/2010 18/10/2010 DR-139/2010-2011 1011139 13/10/2010 13/10/2010 14/10/2010 15/10/2010 08/10/2010 to 25/10/2010 RA-139/2010-2011 18/10/2010 19/10/2010 DR-140/2010-2011 1011140 14/10/2010 14/10/2010 15/10/2010 18/10/2010 11/10/2010 to 28/10/2010 RA-140/2010-2011 19/10/2010 20/10/2010 DR-141/2010-2011 1011141 15/10/2010 15/10/2010 18/10/2010 19/10/2010 12/10/2010 to 29/10/2010 RA-141/2010-2011 20/10/2010 21/10/2010 DR-142/2010-2011 1011142 18/10/2010 18/10/2010 19/10/2010 20/10/2010 13/10/2010 to 30/10/2010 RA-142/2010-2011 21/10/2010 22/10/2010 DR-143/2010-2011 1011143 19/10/2010 19/10/2010 20/10/2010 21/10/2010 14/10/2010 to 31/10/2010 RA-143/2010-2011 22/10/2010 25/10/2010 DR-144/2010-2011 1011144 20/10/2010 20/10/2010 21/10/2010 22/10/2010 15/10/2010 to 01/11/2010 RA-144/2010-2011 25/10/2010 26/10/2010 DR-145/2010-2011 1011145 21/10/2010 21/10/2010 22/10/2010 25/10/2010 18/10/2010 to 04/11/2010 RA-145/2010-2011 26/10/2010 27/10/2010 DR-146/2010-2011 1011146 22/10/2010 22/10/2010 25/10/2010 26/10/2010 19/10/2010 to 05/11/2010 RA-146/2010-2011 27/10/2010 28/10/2010 DR-147/2010-2011 1011147 25/10/2010 25/10/2010 26/10/2010 27/10/2010 20/10/2010 to 06/11/2010 RA-147/2010-2011 28/10/2010 29/10/2010 DR-148/2010-2011 1011148 26/10/2010 26/10/2010 27/10/2010 28/10/2010 21/10/2010 to 07/11/2010 RA-148/2010-2011 29/10/2010 01/11/2010 DR-149/2010-2011 1011149 27/10/2010 27/10/2010 28/10/2010 29/10/2010 22/10/2010 to 08/11/2010 RA-149/2010-2011 01/11/2010 02/11/2010 DR-150/2010-2011 1011150 28/10/2010 28/10/2010 29/10/2010 01/11/2010 25/10/2010 to 11/11/2010 RA-150/2010-2011 02/11/2010 03/11/2010 DR-151/2010-2011 1011151 29/10/2010 29/10/2010 01/11/2010 02/11/2010 26/10/2010 to 12/11/2010 RA-151/2010-2011 03/11/2010 04/11/2010

# 6A/7A entry can be edited by members upto 11 : 00 a.m. and 6A/7A data can be confirmed by custodians upto 1 :00 p.m. on T+1 day (Please refer Notice Nos. 20050914-19 and 20050919-25 dated September 14 and 19, 2005 respectively).
+ Pay-in at 11 a.m. Members to submit pay-in instructions to Depositories / banks latest by 10:40 a.m. Pay-out of funds and securities will be effected by 1:30p.m.

++ All shortages in C group and trade to trade segment (T, TS and Z group) will be directly closed out as at present and All shortages for scrips in which No-delivery period has been abolished will be directly closed out as mentioned in the Exchange Notice No.120718/2002 dated April 22,2002 

For details please refer the Exchange Notice No. 20030319-14 dated March 19, 2003, Notice No. 20030328-8 dated March 28, 2003. 

World Cup soccer's psychic octopus Paul dies in Germany

Paul (Octopus)

Paul, the oracle octopus who shot to fame in the World Cup this summer for his uncanny ability to predict the results of Germany's soccer matches, has died at his home in Oberhausen at the age of two.


English-born Paul made headlines across the globe after he correctly forecast how Germany would fare in seven matches, before his psychic powers were tested again for the final.


After Germany's semi-final defeat, Paul tipped Spain to beat the Netherlands in the final, which prompted one news agency to report he had spurred a jump in demand for Spanish government bonds. Paul's prediction duly came to pass: Spain won.


Staff at the Oberhausen Sea Life Centre in western Germany said in a statement they were "devastated" to learn of Paul's death when they returned to work on Tuesday.


"He appears to have passed away peacefully during the night, of natural causes, and we are consoled by the knowledge that he enjoyed a good life," said the centre's manager Stefan Porwoll.


Before matches, two containers of food were placed in the eight-legged creature's tank, each one bearing the flag of one of the teams about to compete for their chance to become world champions. The container Paul picked first was seen as his pick.


Bettors around the world made small fortunes based on Paul's uncanny picks, Graham Sharpe, media relations director at William Hill in London, one of Britain's largest bookmakers, told Reuters in July.


Sharpe said that anyone who had placed a 10-pound accumulator bet on Paul's picks from the start of the World Cup would have won 3,000 pounds ($4,500) by the end of the tournament.


Following the World Cup, a Spanish zoo made a transfer bid for Paul but his German keepers refused to sell. Some Germans called for a public grilling of the oracle octopus, prompting Sea Life to install extra security.


Paul will be kept in cold storage until the centre decides how to mark the mollusc's extraordinary life, Porwoll added.


"We may decide to give Paul his own small burial plot within our grounds and erect a modest permanent shrine," he said.


Paul, who was hatched in Weymouth, England, may yet continue to dazzle the world with predictions from beyond the grave.


The mystic mollusc officially retired from making predictions after the tournament but not before tipping England to win the bidding race for the 2018 World Cup.


A Russian newspaper also said in July that it had got Paul to predict who would be Russia's next president -- but that the results would be kept secret until the election year of 2012.


Sea Life said Paul would live on as the object of a host of commercial enterprises ranging from special clothing lines to mobile phone applications inspired by his fame in Oberhausen, one of Germany's most cash-strapped cities.


Meanwhile, donations made in honour of Paul's achievements would help to fund a planned permanent rescue centre for sea turtles on the Greek island of Zakynthos, Sea Life said.


The sealife centre will soon replace the British-born aquarium dweller with another octopus, also to be named Paul.

Hospital Superbug Infections on the Decline

NEW YORK (Reuters Health) - The antibiotic-resistant microbe MRSA may be slowing its pace after rampaging through hospitals for years, researchers from the U.S. Centers for Disease Control and Prevention said Tuesday.

From 2005 to 2008, surveillance data from nine metropolitan areas showed an overall decline of 28 percent in severe infections with MRSA (methicillin-resistant Staphylococcus aureus) contracted in healthcare settings.

"We are encouraged by the findings," said CDC's Dr. Alexander Kallen, whose study is published in the Journal of the American Medical Association.

Although the data aren't nationally representative, he said they bolster earlier studies and are "very good evidence that invasive MRSA infections are decreasing."

Versions of Staphylococcus aureus resistant to the penicillin-like antibiotic methicillin were first discovered in the UK in the early 1960s; since then, the multidrug-resistant bacterium has cropped up and become a problem around the world, especially its persistent spread in hospitals.

In 2005, researchers estimate the bug caused severe infections in nearly 95,000 Americans, killing more than 18,500 of them.

The new study, drawing on surveillance data for a population of about 15 million people in nine metropolitan areas, looked only at infections in which the bacteria had invaded a sterile part of the body, such as the blood and joints.

Of the more than 21,500 cases identified, more than three-quarters were in people who were hospitalized or had been in recent contact with the healthcare system.

Kallen said the number of people who had acquired the bug somewhere other than a healthcare facility was too small to provide good data.

Over the four-year study period, the occurrence of severe MRSA infections that showed up while a patient was hospitalized dropped by nine percent each year, from an initial rate of about one in 10,000.

Identified Gene May Bring on New Superbug

Some British patients who underwent plastic surgery in South Asia were infected with a bacteria carrying a specialized gene that has the potential to turn almost any other bacteria into an antibiotic-resistant bug, according to an article published today in the journal Lancet Infectious Diseases.

The so-called superbug gene has so far been identified in 37 people who returned to Great Britain after undergoing surgery in India or Pakistan, researchers said.

British researchers reported that the new gene, called NDM-1, can be easily be transferred into common bacteria such as E. Coli, according to the article. The gene alters bacteria, making them resistant to nearly all known antibiotics.

"Most of modern medicine is based on the notion that antibiotics will work. If you no longer knew antibiotics worked, you couldn't do as much surgery, chemotherapy, transplantation," said Dr. Martin Blaser, chairman of the department of medicine at New York University Langone Medical Center. "Antibiotics are part of the foundation of modern medical care."

Asian super bug hits the UK

West Middlesex: Researchers in Britain have identified a new superbug gene named New Delhi Metallo 1 (NDM1) prevalent in India that could spread widely in the UK, raising fears that it could lead to a surge in antibiotic resistance.

The gene alters bacteria making them resistant to nearly all known antibiotics.

"A new type of resistance has emerged in India, this so-called "NDM-1" enzyme which destroys some of the most powerful antibiotics we have. It's transferable between bacteria, it's moved to different species, many are already very resistant, so we end up with these extremely resistant bacteria, some of which are circulating in India and some of which have been imported with patients back into the United Kingdom," said Professor David Livermore from the Health Protection Agency.

The superbug gene, which can be swapped between different bacteria to make them resistant to most drugs, has so far been identified in 37 people who returned to the UK after undergoing surgery in India or Pakistan.

Click to Expand & Play

"I think in the UK we don't actually have to hit the panic button at the moment. We have 50 patients who are presented with this ostensibly in the last year and a half, and that is much, much smaller than for instance the number of cases of MRSA. So, there's actually much difference, it's vastly different. But within India for instance we have (inaudible) coming out of India that have infected Indian and Pakistani patients that are pan-resistant to antibiotics, in other words, completely resistant, and therefore we have nothing left to treat them with, and from that point of view I think we should be very concerned," said Tim Walsh, Professor of Medical Microbiology at Cardiff University.

The threat is being seen as a serious global public health problem as there are few suitable new antibiotics in development and none that are effective against NDM-1. The Department of Health in Britain has already put out an alert on the issue.

For Video:

http://edition.cnn.com/video/data/2.0/video/world/2010/08/11/mcginty.uk.super.bug.itn.html

http://www.youtube.com/watch?v=K1axIgJ1VC0

http://abcnews.go.com/Health/ColdandFlu/gene-turns-bacteria-superbug/story?id=11378216

http://www.reuters.com/news/video/story?videoChannel=1&videoId=136039047

Most wanted stocks

Patience pays, especially when it comes to stocks. Any investor will vouch for this. If you give stock investments enough time to grow, they will churn out bountiful returns. But patience alone isn't enough. You also need solid research and analysis to pick the right stocks.

However, most retail investors skip these crucial steps of the investing process and leapfrog into the final stage, basing their purchases on tips from friends, colleagues and brokers. As a result they often buy high and sell low, the opposite of what investment gurus advise.

Doing your own research is the best way out. But this is easier said than done. There are 5,287 firms listed on Indian bourses. Sifting through brokerage reports on these stocks is not the best way to spend a weekend. Thankfully, there is a smarter way. Find out what the best minds on Dalal Street are buying and follow in their footsteps.

The 404 equity mutual funds in India have invested roughly Rs 1.97 lakh crore in stocks. Each mutual fund has an army of equity analysts, which puts firms under the financial equivalent of an MRI scanner. Every strength is inspected and every weakness is studied in detail. Opportunities are explored, threats are scrutinised.

Only when a firm is found fit is the investment team given the go ahead. In the past one year, the Sensex has risen 25.65 per cent, while the average diversified equity fund has climbed 38.42 per cent. Clearly, fund managers know what they are doing. For you and me, it means that we can rarely go wrong when we buy stocks in which these financial whiz kids invest.

Following in the footsteps of smart money, however, is not as simple as it seems. Yes, mutual funds are choosy, but the universe they invest in is vast. The latest data on mutual fund holdings shows that they hold shares of 705 firms. It's a heady mix of largecaps, mid- caps and small- caps. What do you buy? This is where our cover story will come in handy.

Money Today teamed up with Value Research to conduct a study of mutual fund portfolios and identify the stocks most wanted by fund managers.

A simple aggregation of the portfolios of all mutual funds yielded predictable results. Reliance Industries was at the top, followed by Infosys, SBI and ICICI Bank. The problem was the distorted picture that such a listing gave. Bharti Airtel is the eleventh most widely held stock by funds. However, the funds were busy trying to get rid of the Bharti shares in the past year rather than add more.

The number of Bharti shares held by funds has come down from 20.56 crore (adjusted for split in July 2009) in May 2009 to 9.86 crore in May 2010. While these blue-chips were widely held, some were not really the most wanted.

PLAYING IT SAFE

With equity assets worth Rs 1.97 lakh crore under their management, fund managers would want to play safe. They have parked around 37 per cent of the funds in index-based blue-chip stocks. This ensures that the NAVs do not drop below acceptable levels.

"No fund manager will be criticised for buying an Infosys or an ICICI Bank," says Value Research chief executive officer (CEO) Dhirendra Kumar. Even in the worst case scenario of a market meltdown, the returns will closely track the broader market indices.

The top 10 stocks held by mutual funds (by value) figure in both the Sensex and the Nifty. Investments in these 10 stocks add up to 21 per cent of the total equity assets of the industry. Even here, fund managers have been very choosy.

In the past five years, the Nifty has delivered an annualised return of 19 per cent, while the top 10 stocks registered an average growth of 25 per cent. In the past three years, the Nifty grew by seven per cent per year, while the fund managers’ top 10 picks grew by 14 per cent.

If you seek stable growth, pick stocks from this list. Finding the next Infosys is the ultimate dream of any stock investor, the holy grail of investing. But these top 10 stocks are already richly valued, commanding an average price multiple of over 24 times their 2009-10 earnings per share (EPS). This is at a premium to the BSE-500 Index, which is trading at 20 times. For better returns, investors need to look beyond the top 10 list.

To do this, we tweaked the study to look at stocks in which mutual funds had consistently raised their exposure in the past one year (May 2009 to May 2010). From the total 705 stocks, we were left with a more manageable 34 scrips, comprising 12 large-caps, 15 mid-caps and seven small-cap stocks.

LARGE-CAP STOCKS

The 12 large-cap stocks, in which fund managers have increased their exposure in the past one year, account for almost seven per cent of the total equity assets of the mutual fund industry. As on May 31, 2010, funds had allocated a gargantuan Rs 14,456 crore to these stocks.

It is interesting to note that fund managers are betting on firms that have just come out of the earnings slowdown. Seven of the 12 firms saw a strain on their finances during the past couple of years due to the economic slowdown, acquisition costs, operational difficulties or government regulations.

As these firms went through a painful business reorganisation, their stocks lagged the broader market. However, with the economy back on track, these companies started witnessing robust sales. This made the fund managers lap up more of these stocks. A case in point is Ashok Leyland.

As the industrial activity picked up, fund managers rightly guessed the demand for commercial vehicles and bought more Ashok Leyland stock. Their holding in this firm has gone up from 205 lakh shares in May 2009 to 669 lakh shares now, a jump of 226 per cent in one year. The firm was struggling to sustain sales in 2008. At the height of the economic slowdown in 2007-08, its EPS dropped from Rs 3.50 to Ra 1.40, a fall of 59 per cent.

However, sharp economic recovery helped the company improve its operational performance. By 2009-10, the company was back on track, reporting a 122 per cent jump in EPS. In line with improving business activity the firm reported a 140 per cent surge in fourth quarter volumes, which led to a 21 per cent growth in sales from last year. Its EBITDA margin of 12.9 per cent is the best in six years.

With the commercial vehicle cycle clearly on an uptrend, analysts are pencilling a double digit growth in the firm's sales for the next two years. "We raise 2010- 11 EPS estimate by 45 per cent and 2011-12 by 55 per cent to reflect good CV demand outlook," says Anand Rathi. The research house expects the firm to report a 30 per cent rise in sales in 2010-11.

Glenmark Pharmaceuticals is another stock that has seen a rise in fund managers' interest. From 21.8 lakh shares in May 2009 to 1.08 crore shares in May 2010, fund managers have raised their stake by five times. The stock has been underperforming due to a series of setbacks on the research front. The firm was not able to sign substantial out-licensing deals for around two years.

Four years ago, Dr Reddy's had acquired Betapharm for Rs 2,250 crore. While this helped it access the German market, the subsequent regulatory and integration issues were a drag on its finances. Soon after the acquisition, the German market shifted to the tender-based model, making it difficult for the firm to sustain sales. The firm's revenues from the German market dropped 26 per cent from Rs 985 crore in 2008-09 to Rs 30 crore in 2009-10. Subsequently, integration issues and erosion in market value of Betapharm plunged the firm into losses.

Due to the re-valuation of Betapharm and low revenues, Dr Reddy's incurred a loss of Rs 917 crore in 2008-09. However, by early 2010, the acquisition issues smoothened out and the firm returned to profits in the January-March 2010, quarter. For 2009-10, it booked profits of Rs 351 crore.

Tata Motors is another stock that has caught the fancy of fund managers due to a turnaround in operations. Easing liquidity conditions and improving sales at JLR helped the firm turn profitable in the last quarter of the last fiscal.

The firm posted a profit of Rs 2,516 crore for 2009-10, against a loss of Rs 2,465 crore in 2008-09. The income went up 30 per cent to Rs 92,519 crore against Rs 70,370 crore in 2008-09. The high sales volumes turned the UK-based unit profitable during the quarter.

Financial services is the hottest sector for mutual funds, accounting for 18.36 per cent of the total equity assets. HDFC is the only blue-chip stock that was consistently bought by the fund managers over the past one year. This is due to its consistent growth in earnings and dividend payout history.

HDFC has surprised the investors by reporting a 23 per cent rise in the April-June net profits. The firm reported a robust growth in approvals as well as disbursements for individual loans, which is visible through the 17 per cent growth in the loan book. Other financial stocks include Allahabad Bank, LIC Housing Finance and Shriram Transport Finance.

There are two entertainment stocks as well. Zee TV has gone through restructuring and has bought six regional entertainment channels from Zee News. This helped the firm promote its channel more aggressively and improve the margins.

During 2009-10, the regional entertainment channels generated a revenue of Rs 404 crore and an EBITDA of Rs 126 crore. This translates to an EBITDA margin of 31.2 per cent, higher than that of standalone Zee TV. Analysts say the acquisition will enhance the earnings of the firm.

Another aspect that worked in favour of these two stocks is the improving ad revenue and growing viewership. Despite intense competition from sports programmes and other Hindi networks, Zee TV continues to dominate the Hindi entertainment space with a share of 20 per cent.

Sun TV, on the other hand, is being preferred for its dominant position in the lucrative south Indian market. Buoyed by a growing ad market and lower staff/content costs, Sun TV has posted a 40 per cent rise in 20090-10 revenues. This translated into an EBITDA and profit growth of 52 per cent and 41 per cent, respectively. The growing DTH penetration and its focus on overseas markets are expected to drive its pay TV revenues.

Finally, the recent deregulation of petrol and hike in gas prices has enhanced investor interest in ONGC. Mutual funds' holdings in the stock went up by 50 per cent to four crore shares in May 2010. Deregulation in prices is likey to reduce the overall underrecoveries and improve earnings visibility of the PSU.

According to Motilal Oswal, of the total gas volumes of 57 mmscmd, around 50 mmscmd is sold under the administered price mechanism. The price hike is expected to result in an additional revenue of Rs 7,100 crore for ONGC. With partial decontrol of petroleum prices and hike in gas prices, this percentage share in under-recoveries is expected to come down.

Is Forex Trading legal In India?

There has been a continuous debate on the legal aspects of Forex trading in India. But with the recent opening of the Forex office in India by Alpari (UK), We have now moved officially into the league of Forex trading nations.

Indians have a decade long history of Forex trading, under the guise of Capital accounts transactions, though RBI had banned remittance of Foreign exchange for Margin trading. RelianceMoney, which had a tieup with CMC markets, used to actively promote Forex trading by introducing Indians to their offshore partner. RelianceMoney gave the Indian retail investor an opportunity to participate in the Global financial market and revolutionised the concept of Forex trading. Contracts for Differences, or simply CFD as it is popularly known, was a modern approach to do trading on different exchange for Stocks, Commodities, Indices, Treasuries & ofcourse our Foreign Currency pairs.

Ever since Alpari (UK) launched its Indian operations formally in June 2009, the company is on a rapid expansion spree. Under a young CEO, Mr. Pramit Brahmbhatt, the Company plans to tap the almost unused trading domain of Forex by heavily investing on training the Indian minds on Forex and offering a lucrative alternative to the much popular Share trading.

Share trading cuts a sorry figure by focusing its investors on thousands of scrips listed on the exchange. But Forex trading focuses on a few curency pairs, thus avoiding confusion for the retail investor. Liquidity is not an issue for this 1.2 trillion dollar turnover a day market though this cannot be said about our Share market. The colossal size of the Forex market makes sure that no one can corner the market. This should give a sense of secured feeling for the Indian retail share investor who has been ruthlessly crushed under the act of manipulation.

With the advent of Internet, Forex trading offers unlimited opportunities to explore the financial markets. With no contraint on Time (24 hs X 5 days) & Space (can be traded anywhere with online facilities), Forex trading is seen as the future of Indian Financial trading scenario in the 21st century.

~Dr.Raghavendra.P.Puranik

Is Forex Trading legal In India?

There has been a continuous debate on the legal aspects of Forex trading in India. But with the recent opening of the Forex office in India by Alpari (UK), We have now moved officially into the league of Forex trading nations.

Indians have a decade long history of Forex trading, under the guise of Capital accounts transactions, though RBI had banned remittance of Foreign exchange for Margin trading. RelianceMoney, which had a tieup with CMC markets, used to actively promote Forex trading by introducing Indians to their offshore partner. RelianceMoney gave the Indian retail investor an opportunity to participate in the Global financial market and revolutionised the concept of Forex trading. Contracts for Differences, or simply CFD as it is popularly known, was a modern approach to do trading on different exchange for Stocks, Commodities, Indices, Treasuries & ofcourse our Foreign Currency pairs.

Ever since Alpari (UK) launched its Indian operations formally in June 2009, the company is on a rapid expansion spree. Under a young CEO, Mr. Pramit Brahmbhatt, the Company plans to tap the almost unused trading domain of Forex by heavily investing on training the Indian minds on Forex and offering a lucrative alternative to the much popular Share trading.

Share trading cuts a sorry figure by focusing its investors on thousands of scrips listed on the exchange. But Forex trading focuses on a few curency pairs, thus avoiding confusion for the retail investor. Liquidity is not an issue for this 1.2 trillion dollar turnover a day market though this cannot be said about our Share market. The colossal size of the Forex market makes sure that no one can corner the market. This should give a sense of secured feeling for the Indian retail share investor who has been ruthlessly crushed under the act of manipulation.

With the advent of Internet, Forex trading offers unlimited opportunities to explore the financial markets. With no contraint on Time (24 hs X 5 days) & Space (can be traded anywhere with online facilities), Forex trading is seen as the future of Indian Financial trading scenario in the 21st century

Forex trading in India

FOREX TRADING EDUCATION For COMPLETE NEWBIES Get in now to make $3000 a month (Rs.1,20,000) with our proven and favorably reviewed techniques See the below example with screenshots of a rookie in Forex, on his FIRST DAY ! 24 trades on the 24th of April and the 25th Few hrs of casual work = $161 (Rs.6440) 100% WINNING Trades (see below)

Learn FOR FREE 1. Just email us at : learn@4xindia.com and put in your name & mobile no. 2. We will send you a special Forex software (FREE) for people NEW to this line 3. You can then call us or we will call you to train you for FREE & immediately after you start making profits $$$$$ in MINUTES.

Due to SUPPORT reasons, we are NOT accepting over 100 members. So rush !

I'm very happy with the lessons, he is teaching me now to understand the graphs to do it alone without getting help. He answers all my questions. In these 2 days i already have learned a lot and i'm glad that i've found him to teach me..... I'm very sure that is possible to get a high % daily because in my first day i got $24 with a initial deposit of $100+ $50 bonus. Now i'm training in my virtual account using the tatics that he has taught me and i think that is very kind of him to offer his coaching...... For sure he is teaching something that people can make a living of. Ingrid (Brazil)

For all the skeptics out there , Im posting here my today's earnings below.... As you can see maximum profits in a few hours. Keep the good work up Ricky Olgi (Albania)

>>> 5 hours = 638.98$ (Rs. 25,560 approximately) <<<

YOU can make it too - FOR FREE

Learn FOR FREE 1. Just email us at : learn@4xindia.com and put in your name & mobile no 2. We will send you a special Forex software (FREE) for people NEW to this line 3. You can then call us or we will call you to train you for FREE & immediately after you start making profits $$$$$ in MINUTES.

Due to SUPPORT reasons, we are NOT accepting over 100 members. So rush !

4xindia as a company and Ricky as a person are very very transaprent and that is something we do not get in many other places. As a beginner I am very happy with the support and advice on every small thing that I discuss with Ricky. Forex is an amazing thing because with small investments you can make money more than real estate or even the stock market. Ricky and his team are doing national service by introducing this in India. Dr.Kishor (India)

FAQ

1. Am I guaranteed to make money with you ?
Yes & No. If you want to follow our exact signals and tips of what to sell and buy
then we guarantee that you will make money. However, most people prefer to take our
free education and use that to make money, where at most times you will profit and sometimes
you may also lose some money. But if you follow our system, you should definitely profit at most
times. You must not let too much of your emotion enter the system.

2. What do I actually get by becoming a member at 4xIndia.com ?
You will receive Forex Software, Software training, basic forex information and guidance
and introduction to our special system of forex trading which can help you make money

3. How much money can I make with this program ?
You can make a lot of money with this program if you are willing to :
- spend time studying and researching
- follow our system well
- NEVER be too greedy
- NEVER allow too much emotion

It's really a wonderful experience and my pleasure to be with the 4xIndia team. Their efforts to make each trade correct and positive by perfect analysis of the market really impress me. If anyone makes a minimum investment of $200, they can easily make $200 more per month by the signals. Besides this I really appreciate and am thankful to Ricky for his personal help and guidance towards each individual and to me for making money and then making it grow even more. Keep it up. Thank you! Mustafa (India)