HI all Hope everybody had a very good weekend. Nifty Views have been updated in http://1.bp.blogspot.com/_iAG8XurigTA/SUNp-S9i7VI/AAAAAAAAALw/xfVTP00gqW8/s1600-h/Nifty+Weekly++View+15-19+Dec.bmp Stock Specific Reliance is near its supply zone of 1335-1356 be cautious on this level. SBIN near its resistance levels of 1220 Praj Industries Tgt 71 and 79 sl 58 JP Hydro Tgt 30 and 35 sl 26 ABG … Read more
There is now one more “first” which Anil Ambani can add to his already overcrowded cap – his company Reliance Communication would most likely be the first company to announce buy back of its Foreign Currency Convertible Bonds (FCCBs), the first Indian company to do so after RBI relaxed the norms last Saturday. As per … Read more
Reliance is positive above 1160-1180 Can see 1220-1300 Levels
The Government on Sunday announced a Rs 300,000 crore ($60 billion) package to boost the economy with specific measures for various sectors and contain the impact of the global financial crisis on India. The amount is to be spent over the remaining four months on a host of areas and stake holders such as exporters, … Read more
Nifty is on a precarious situation and can be bought at dips at weekly support and resistance.
“IF you stay half-alert, you can pick the spectacular performers right from your place of business or out of the neighborhood shopping mall, and long before Wall Street discovers them.” — Peter Lynch. Easier said than done? You can make it ‘easier done than said’! Here’s how: 1. Keep your eyes and ears open. A … Read more
Something is required to lift up the spirits. The terror attacks have left everyone wounded, so much so that it has taken over, at least for now, the entire spectrum away from the world recession knocking at our doors and the impact of the ongoing economic slowdown already making its presence felt in India. Accountability … Read more
The terrorist attacks have made the chinks in the Indian economy jarringly visible. The Finance Minister who mouthed inane and utterly unbelievable optimistic quotes about the economy last week, now as the Home Minister, would probably get some home truths clear. If some people had still nursed doubts that India was cocooned from the world … Read more