Showing posts with label bse tips. Show all posts
Showing posts with label bse tips. Show all posts

Forex System

If you start using the powerful system revealed in this letter, you can make $1,650... $3,300... $4,950 from forex trading in just one week.I'll explain more in just a moment... but first let me ask you a quick question:

Have you ever imagined......Making $5000, $7000, or $10,000 a month trading forex....Consistently and effortlessly generating more than 660 pips a month.Well, I'm about to tell you just how you can do that - and put an endless stream of money into your pocket... week after week... like clockwork.And I'll show you a simple, easy way to dramatically boost your trading profits, generate way more cash from your trading - double, triple, quadruple what you're making right now, and stop losing trades...
 
You see, I'm a trader, just like you. And I've been around the block for a long time with Forex.I'm about to share with you the most powerful forex trading system that I developed through years of researching and testing. And I've never disclosed it -- until recently.It's the system that helps one of my client gain 165 pips in just 7 days. That means, depending on his position size, he could easily make $1,650 - $3,300 - $4,950 in one week just by putting this system in action.

This system consistently generates 83-157 pips ($830-$1570 in cash) per week.You'll discover simple, easy-to-understand, easy-to-use and astonishingly effective techniques that help you jump in and jump out of the market with razor-sharp accuracy. And accuracy means cash in your account.Here's a fact that only the best, most successful traders know about: You don't need complicated, confusing fundamental or technical analysis to trade successfully.Simple systems based on logical, scientifically-sound, and well-tested concepts have been working extremely well -- and will continue to do so for many, many years to come.You see, one of the most destructive myths in trading is... you need to forecast or predict the future to make money in the markets.

Nothing could be further from the truth.The fact is... trying to predict the future surely leads to frustration and costly failure. To be successful in trading, you only need to do two things:
  • Identify the trend
  • Join the trend with precise timing
The system that I’m going to share with you will do exactly these two things. First it gives you a simple way to identify the current trend. Second it helps you jump in the trend just when the time is right. That way, you'll maximize your wins, minimize your losses, and fatten your account.

Nifty in narrow range; oil & gas, TECk slip


The benchmark Nifty was consolidating in a narrow range of 5200-5250 at 10:39 hours, after a sharp cut seen since previous two weeks. The index shed more than 500 points in last two weeks. However, the broader indices managed to claw back with modest gain.
Deven Choksey, managing director of KR Choksey Shares & Securities said the markets may be headed to a state of capitulation. However, he added that in this kind of a market one should look forward to more opportunities on the buying side. “I think one will have to play cautiously at the same time,” he felt.
Nifty in narrow range; oil & gas, TECk slip
Stocks, which led the fall yesterday, continued in today's trade as well. Oil & gas, telecom, technology, metal, FMCG, cement and select power companies' shares were keeping the markets under pressure with moderate loss.
However, buying in financial and auto companies' shares limited those losses to major extent. NTPC, L&T and Cairn too added some support.
The 30-share BSE Sensex was trading at 17,400, down 63 points and the 50-share NSE Nifty fell 17 points to 5,208. However, the BSE Midcap and Smallcap indices were up half a percent.
Heavyweights like Reliance Industries, ONGC, TCS, Wipro, Infosys and BHEL declined 1-3%. Reliance Communications was the top loser with 6% fall and Bharti lost 0.8%.
SAIL, Tata Steel, JSPL, Sesa Goa and Hindalco from metal space were down 1.5-3%. ITC and HUL from FMCG segment went down with moderate loss.
However, Tata Motors gained nearly 2% ahead of its quarterly numbers today. CNBC-TV18 poll sees 3 times jump in company's profit after tax of Rs 2089 crore for the quarter ended December 2010. Hero Honda and Maruti gained one percent each.
In financial space, HDFC and ICICI Bank were up 1-2%. SBI, HDFC Bank and Axis Bank were marginally in green. IDFC jumped 4.4%.
Cairn India was the top gainer with 5% rally after strong numbers. Its Q3 consolidated net profit was up at Rs 2,010 crore versus Rs 291 crore, year-on-year basis.
In midcap space, Sobha Developer, PTC India, Jain Irrigation, Gillette India and S Kumars Nation gained 6-8% while Sunteck Realty, Indian Metals, KGN Industries, Phoenix Mills and Parsvnath slipped 5%.
In smallcap space, Provogue, Hinduja Foundries, Tilaknagar Inds, Asian Hotel (W) and Shirpur Gold rallied 10-15% whereas R M Mohite, Moser Baer, Dion Global, Talwalkars Fitness and EIH Associated Hotel fell 6-10%
The benchmark Nifty was quiet in opening trade and was hovering just around its previous closing value, after a sharp cut seen in last few sessions. Oil & gas, telecom, metal, realty and technology stocks were putting pressure on markets. Global cues too quiet.
Among frontliners, Cairn India, Reliance Infrastructure, Tata Motors (ahead of numbers), Reliance Capital, Power Grid, TCS, L&T, SBI, Jaiprakash Associates, Reliance Industries, SAIL, HDFC and ICICI Bank were on buyers' radar in early trade.
Cairn rose 3% as its Q3 consolidated net profit was up at Rs 2,010 crore versus Rs 291 crore, year-on-year basis.
Power Grid jumped 2% as MSCI added the stock into its India Index with weightage of 0.88%.
However, Suzlon Energy, GAIL, Reliance Communications, Idea, Ambuja Cements, Bharti Airtel, DLF, Wipro, HCL Tech and ONGC were limiting the gains.
Suzlon Energy tumbled 4% as NSE will remove from the Nifty on March 25.
Midcap & Smallcap space:
Allied Digital shot up 5% for the first time in last five sessions on the back of buyback news.
Lanco, Jain Irrigation and Nagarjuna Construction were up 2-3%.
Gujarat State Petronet was up 3%.
Recently listed - Omkar Speciality was down by 15% at Rs 39 while the issue price was Rs 98 a share.
Moser Baer tanked 7% as it has reported a net loss of Rs 115.7 crore for the quarter ended December 2010 as against profit of Rs 3.2 crore in same quarter the previous year.
Parsvnath lost 7% and DB Realty was down 4%

The US markets recovered amid disappointing results, good economic data and consistent worries in Egypt.
Egyptian President Hosni Mubarak said he would delegate powers to the vice president, though he stopped short of resigning.
The Dow Jones Industrial Average ended down 11 points at 12,229, after seeing recovery of 73 points from day's low of 12,156.
Commodities
CRB Commodity Index rose 0.2%.
Crude oil ended flat at USD 86.73/barrel, after hitting a session high of USD 87.90/barrel
Natural gas was down 1.7% at USD 3.98 per MMBtu
Gold lost 0.2% at USD 1362.5/ounce
Silver declined 0.6% at USD 30.09/ounce
Baltic Dry Index was up 4%
F&O cues:
Total Nifty futures up Rs 63 crore, Options up Rs 2313 crore
Stock futures net add 13 lakh shares in Open Int
Nifty Fut Open Int add 75 k shares in Open Int; Nifty futures premium at 4 pts versus prem of 26 pts
Nifty Open Int PCR down at 1 versus 1.07
Nifty Put shed 4.9 lakh shares, Call add 45.2 lakh shares in Open Int
Highest Open Int outstanding at 5100 Put (from 5400 Call), 5400 call (from 5400 Put)
Nifty 5200 Call adds 17.3 lakh shares (144%) in Open Int; prem down from 130 to 103
Nifty 5300 Call add 16.9 lakh shares (38%) in Open Int, prem down from 68 to 56.6
Nifty 5100 Put add 4.9 lakh shares (8%) in Open Int, prem up from 42.8 to 44
Nifty 5600 Call add 4.2 lakh shares (8%) in Open Int, prem down from 8 to 6.5
Nifty 4800 Put add 2.2 lakh shares (30%) in Open Int
Nifty 4900 Put add 2.06 lakh shares (18%) in Open Int
Nifty 5300 Put shed 7 lakh shares (12%) in Open Int
Nifty 5400 Put shed 3.6 lakh shares (6%) in Open Inthttp://forextradingatul.blogspot.com


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.