INTRADAY CALL,
BUY and HOLD
AMBUJACEMENT at 148
sl 145
TARGET 150,151
Wednesday, November 3, 2010
Tuesday, November 2, 2010
European markets open flat
"Visit Daily www.NorthPole77.com , Join profit making community...Today!"
DELIVARY CALL,
BUY and HOLD
INOXLEISUR
FOR5 DAYS ONLY
get SMS for levels join us.......................................
EROSMEDIA: our first target achieved at 94.50 ..
BANG ON TARGET,
EROSMEDIA: at 94.50
HOLD FOR NEXT TARGET
SMS TO ONLY PAID CLIENTS
Economy Headlines ..
± SEZ exports grew by 56% during April to September 2010(ET)
± Trade deficit narrowed to US$9bn in September, as the pace of growth of imports slowed. (BS)
± Exports grew 23% yoy to touch a two-year high of US$18bn in September. Imports grew at a faster pace of 26.1% to US$27bn. (BS)
± The Petroleum Minister has ruled out dual pricing of diesel. (BL)
± Sugar output estimate raised to 24.5mt (ET)
± Employees in the organised sector could get free insurance cover of upto Rs0.65mn from the next financial year under a scheme run by the government’s retirement fund manager(ET)
Market Commentary ..
Monday’s gains are unlikely to rollover at least at start though the overall undertone remains cautiously optimistic. Strong earnings from a few index bellwethers have lifted the mood of late. So, corporate results will continue to drive the sentiment.
The RBI is likely to hike policy rates for the sixth time in a bid to contain high inflation. But, since the markets are prepared for the move, it may not have a material impact. What the RBI officials say will be followed closely.
US mid-term elections are scheduled for Tuesday and could change the balance of power in Washington. The two-day FOMC meet also starts today but the outcome will be available only on Wednesday.
Coal India listing is slated for Thursday before the Diwali holiday. As usual, there will be ‘Mahurat Trading’ on Friday. If all goes well, the main indices could head higher. The Nifty is likely to find support in the 5950-6100 zone; resistance is expected between 6200 and 6300.
Wish you all Happy trading and profitable year ahead.
Northpole team.
Monday, November 1, 2010
European market update: FTSE index up 0.5%, CAC index up 0.6%, DAX index up 0.6%
"Visit Daily www.NorthPole77.com , Join profit making community...Today!"
ONGCs Chairman suggests stock split in the stock
"Visit Daily www.NorthPole77.com , Join profit making community...Today!"
Indian railways to increase iron ore freight rate by 13% - reports; negative impact on Sesa Goa
"Visit Daily www.NorthPole77.com , Join profit making community...Today!"
BANG ON TARGET
Subscribe to:
Posts (Atom)
JOIN US!!
Send SMS for "STUDY" on 09825677777