Monthly Archives: January 2009

Few Trading Ideas

By | January 11, 2009 4:22 pm

Tata SteelThe long-term charts are suggesting weakness as it struggled tobreakout and close above its multiple resistance levels as shown inthe chart above.The daily RSI is moving in line with the prices. A fall below Rs210levels will see the stock entering a fresh intermediate downtrend fortarget of Rs190 levels.The Rs245 levels appear to be a… Read More »

SATYAM – ONE BIG LIE!

By | January 7, 2009 4:15 pm

The shocking news for the day was Ramalinga Raju of Satyam Computers finally tendering in his resignation. But more shocking than his resignation were the revelations he made about the balance sheet. If we thought that the Maytas imbroglio was one big scam, then the revelations made in the balance sheet shocked everyone into a… Read More »

Nifty 50 And Weekly Stocks Outlook

By | January 4, 2009 2:55 pm

HI all Hope all of u have rocking weeks as all our calls were bang on Targets which include Sataym also which gave up almost 50% This week Stimulus Package 2.0 has come which we can see a good opening on Monday Morning,But we all should not get excited by it. Nifty will face a… Read More »

Govt Unveils Its Second Stimulus For Slowing Economy

By | January 2, 2009 1:54 pm

Key Highlights # Govt eases ceiling on ECB borrowings as part of the second stimulus package. # IIFCL allowed to raise Rs 30,000 crores via tax free bonds. # Recapitalize PSU banks by Rs 20,000 cr in two years. # Custom exemption on zinc and ferro alloys has been withdrawn # NBFCs in infrastructure sector… Read More »