All Asia Markets Up

All asian markets are open in dark grrn, but now profit booking seen allo. Before sometime hangseng up by 440 points but now it is up by 136 points only.
Sent from my BlackBerry® smartphone

7-May-09 News Headlines

Corporate News Headline

•RIL has begun selling diesel from its Jamnagar refinery to local companies, with Hindustan Petroleum Corp Ltd receiving the first consignment this week. (BS)
•ONGC added a record 284 mn tonnes of oil and gas reserves in the 2008-09 fiscal, the highest addition by the company in the past 18 years. (BS)
•JSW Steel has decided to increase production from the present 7.8 mn tonnes a year to 32 mn tonnes annually by 2020. (BS)

Economic and Political Headline

•The Reserve Bank of India mopped up Rs. 1,449.13 bn from banks through reverse repo window, reflecting ample liquidity in the system. (BS)
•Treasury Secretary Timothy Geithner said that none of the 19 banks that underwent government stress tests are insolvent and the results will reassure investors and the public that the US financial system is sound. (Bloomberg)
•In a possible sign that the worst may be over for the US's labour market, a new report shows that American private companies slashed as many as 4,91,000 jobs in April, much less than expected. (BS)
Sent from my BlackBerry® smartphone

6-May-09 Mcx Settlement Prices

Today's Settlement Prices :: Gold 14486 :: Silver 22326 :: Copper 238.65 :: Lead 72.05 :: Nickel 631.50 :: Zinc 78.30 :: Crude Oil 2778 :: Natural Gas 191.30 & CPO 413.70 :: HO 72.50 :: SO 516.60 & INR 49.60
Sent from my BlackBerry® smartphone

Nagarjuna Fertiliser

Market Rumour
Reliacne can make open offer to nagarjuna fertiliser abv 40
Cmp 25.50
Brave hearts can buy
Sent from my BlackBerry® smartphone

Infosys Tgt 1 done

Infosys fut low 1557
Tgt 1 done
We short at 1571
Sent from my BlackBerry® smartphone

Market Overview

All global mkts r rangebound now.
Nifty is also rangebound with 3600-3680 levels.
Abv 3680 level upside till 3725-3750
Below 3600 level 3550 is support level.
Bull might take rest for 1-2 days with some correction can be seen in global mkts.
But overall trend is bullish only.
Sent from my BlackBerry® smartphone

6-May-09 News Headlines

Corporate News Headline
•Tata Steel increased prices of long products sold in the spot market by up to 3% or Rs. 1,000/tonne this month on the back of rise in demand for metal from the construction sector. (ET)
•Suzlon Energy bagged a contract to set up a 52 MW wind power plant near Jakhao in Kutch from Gujarat State Petroleum Corporation. (BS)
•BHEL announced an investment of Rs. 120 bn over the next four years to pick up equity in power projects and to ramp up its capacity to support the generation of about 20,000 MW. (BS)

Economic and Political Headline

•The government is planning to transfer Rs. 280 bn from market stabilisation scheme to the normal cash account of the government, so that it need not go for additional borrowings. (BS)
•IMF said that the Indian economy, facing slowdown amid global financial slowdown, is expected to rebound near the end of the current calendar year. (ET)
•The US service industries rose to 43.7 in April from 40.8 in the prior month as home purchases and retail sales rose, another signal that the economic slump is abating. (Bloomberg)
Sent from my BlackBerry® smartphone

Asia up

All asian mkt are up
Sgx Nifty up by 14 points
Mkt hv to cross 3680 for upmove
Sent from my BlackBerry® smartphone

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
Sent from my BlackBerry® smartphone

Ganesh Housing Freeze

Ganesh Housimg also frreze
We bought in morning
But forgot to update users
Sent from my BlackBerry® smartphone

Tomm Gap down possible

Tomm mkt can open in red
Gap down possible
Sent from my BlackBerry® smartphone

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
Sent from my BlackBerry® smartphone

Nifty 3600 put

Buy Nifty 3600 put
Cmp 147 sl 120
Can see 185-215
Sent from my BlackBerry® smartphone

BhartiShip Freeze

BhartiShip upper freeze @91.05
We bought at 86
Book partially :)
Sent from my BlackBerry® smartphone

Bhartiship 1st tgt achived

Bhartiship 90
1st tgt done
Sbi also all tgt achived
For more email us at
moneybazaars@gmail.com
Sent from my BlackBerry® smartphone

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.
Sent from my BlackBerry® smartphone

Sgx Nifty Positive

Oops, sgx nifty positive
By 2.5 points
If nifty sustain abv 3700 we will see more upside zooms
Sent from my BlackBerry® smartphone

Be cautious

Our market overbought so be cautious. Nifty spot weak below 3650.
Sent from my BlackBerry® smartphone

Sgx Nifty

Sgx Nifty dowb by 8.5 points
Asian markets almost flat
Sent from my BlackBerry® smartphone

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)
Sent from my BlackBerry® smartphone