05-May-09 Mcx Settlement Prices

Today's Settlement Prices :: Gold 14379 :: Silver 21791 :: Copper 227.55 :: Lead 69.55 :: Nickel 585.40 :: Zinc 74 :: Crude Oil 2676 :: Natural Gas 178.40 :: CPO 405.60 :: HO 70.50 :: SO 515.90 & INR 49.30
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Ganesh Housing Freeze

Ganesh Housimg also frreze
We bought in morning
But forgot to update users
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Tomm Gap down possible

Tomm mkt can open in red
Gap down possible
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Nifty 3600-3680

Nifty have to break 3680 to upmove
And 3600 for bear move
Where will nifty go?
For more info
Email us at moneybazaars@gmail.com
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Nifty 3600 put

Buy Nifty 3600 put
Cmp 147 sl 120
Can see 185-215
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BhartiShip Freeze

BhartiShip upper freeze @91.05
We bought at 86
Book partially :)
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Bhartiship 1st tgt achived

Bhartiship 90
1st tgt done
Sbi also all tgt achived
For more email us at
moneybazaars@gmail.com
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Nifty Alert

Alert:: Nifty Spot Cmp 3666 If Not cross 3680 & not sustain then we see 3630-3590..if cross & hold then 3750 on cards.
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Sgx Nifty Positive

Oops, sgx nifty positive
By 2.5 points
If nifty sustain abv 3700 we will see more upside zooms
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Be cautious

Our market overbought so be cautious. Nifty spot weak below 3650.
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Sgx Nifty

Sgx Nifty dowb by 8.5 points
Asian markets almost flat
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05-May-09 News Headlines

Corporate News Headline

•HDFC reported Q4'09 results, total income increased 36% yoy to Rs. 31.52 bn, and net profit dipped 4.5% yoy to Rs. 7.33 bn. (BS)
•Siemens has received an order worth Rs. 790 mn from Qatari German Switchgear for supplying 11kv air insulated switchgear. (BS)
•JSL is planning to invest Rs. 1.5 bn in the next 3-4 years for developing its captive railway line in a bid to save cost on its cargo movement. (BS)


Economic and Political Headline

•The Finance Ministry informed that it will shortly meet representatives from the packaged software industry to settle the issue of double taxation on the sector. (BS)
•The US President Barack Obama proposed to raise about USD 190 bn over the next decade by outlawing three offshore tax-avoidance techniques used by the US companies such as Caterpillar Inc. and Procter & Gamble Co. (Bloomberg)
•Pending sales of the US existing homes jumped 3.2% in March after a 2% gain in February and construction spending ended a six-month slide, spurring a rally in stocks and sell-off in Treasuries. (Bloomberg)
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