Monthly Archives: February 2013

Highlights of Union Budget 2013-14

By | February 28, 2013

Global growth slowed to 3.2% vs 3.9% yoy. CSO estimated GDP growth at 5% for FY13. Biggest concern is high current account deficit; we need $75 billion to finance CAD. Current account deficit a bigger worry than Fiscal Deficit. FII, FDI or external commercial borrowing to finance CAD, is the only way forward FY14 plan… Read More »

Traders Checklist

By | February 28, 2013

New traders may get lucky for awhile and bad traders may win big in the short term but in the long term the market gives every trader exactly what they have earned. While traders can win in the long term with many different types of robust trading methods a trader with no self control will… Read More »

Nifty Future Trading Strategy on Budget Day

By | February 27, 2013

Highlights of Economic Survey 1. FIIs sold 25  Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 1.4 cores with net Open Interest increasing by 38839 contracts.FII has done rollovers yesterday and will trade heavily in March segment tommrow. 2. General Budget of 2013-14 will be presented tommrow at 11 AM. Lot… Read More »

Option Trading Strategy for Budget Day 2013

By | February 27, 2013

General Budget will be presented by Finance Minister P Chindbram on 28 Feb.Budget is one of the most awaited events from stock market perceptive.We see Nifty trading in wide range of almost 150+ points and volatile moves will be seen. As most of retail investor will prefer trading the Option Route to trade ( They… Read More »

Highlights of Economic Survey

By | February 27, 2013

The government today tabled the Economic Survey for 2012-13 (Apr-Mar) in Parliament. Following are the highlights:   GROWTH, INFLATION * Indian economy likely to grow 6.1-6.7% in FY14 * WPI inflation may decline to 6.2-6.6% in Mar * Lower inflation to create room for more rate cuts * Growth downturn more or less over, econ… Read More »

Technical Calls:Bajaj Auto,Tata Motors and Century Textile

By | February 26, 2013

Technical analysis reflects the voice of the entire marketplace and, therefore, does pick up unusual behavior. By definition, anything that creates a new chart pattern is something unusual. It is very important for me to study the details of price action to see if I can observe something about how everybody is voting. Studying the… Read More »

Bear Ruling Dalal Street FII Analysis for 27 Feb Trade

By | February 26, 2013

Railways Budget did not went well with market, as there was no fare hikes and freight rate hike. Some sweet talking and big propaganda plans which mostly remain on papers.Market took this as a sign of General Budget coming negative and tanked. Highlights of Railway Budget for 2013-14 1. FIIs sold 43754  Contracts of Index… Read More »

Core Education: Is it a Buy ?

By | February 26, 2013

Core Education shares dropped as much as 65 per cent to Rs. 99 before making some recovery. It is India’s largest global education company and provides transformational and innovative solutions in the education space. Core Education had reported a consolidated sales turnover of Rs. 485 crore and a net profit of Rs. 68 crore for… Read More »

Highlights of Railway Budget for 2013-14

By | February 26, 2013

Following are highlights of the Railway Budget for 2013-14 (Apr-Mar), presented by Railway Minister Pawan Kumar Bansal in Lok Sabha today: FY14 BUDGET * Rail land development authority allocation 10 bln rupees * FY13 railway losses seen 246 bln rupees vs 225 bln yr ago . 12TH PLAN * 12th Plan gross budgetary support 1.94… Read More »