WE EXPECT A HIGN VOLATILE AND
WIDE TRADING RANGE IN NIFTY AND
MARKET IN MAY AND JUNE.
GOLDEN CHANCE TO EARN FROM NIFTY OPTIONS.
MAKE HUGE PROFITS WITH OUR PERFECT CALLS
IN NIFTY OPTIONS.
GOOD GDP NUMBERS POSTED. MANSOON STARTED.
BUT NO EXPECTED CHEERS IN MARKET.
NIFTY AWAITING FOR GLOBAL SIGNALS FOR
FURTHER UP MOVE. STILL CLOUDS OVER THE
GLOBAL MARKETS. AS PER EXPERTS IT WILL TAKE
ANOTHER THREE MONTHS FOR GLOBAL MARKETS
TO COME OUT OF CORRECTION.
There is an old Indian proverb that the most beautiful lotus flower always grows in dirtiest part of the pond. Today world financial market is the dirtiest pond with unmanageable finances accumulated over the years of mismanagement and following obsolete policies. Now take the best among beautiful flower INDIA, where the worst performing telecom industry has paid 67000 crore as 3G licence fee in a single day without any frill. Does Indian industry need any advocate? While the world is coping with worst crises of century, Indian GDP overshoot to 7.4% in FY 2010. While countries like Spain, Greece or Portugal are making beeline for going bankrupt, India managed its’ fiscal gap within the budgeted figure of 4.14 lakh crore. In my opinion this is the single most important factor which will prove to be a game changer and attract huge foreign capital looking for safe, secure and stable growth. India is also blessed with a relative reform oriented government which is all out to implement Kiran Parekh committee report, GST, Direct tax code, FDI in many sectors. For those following technical charts Sensex has given 19% compounded annual return for last 20 years. Just calculate the same rate where the Sensex will land in next 5, 10 or 20 years. FII money or Hedge fund manager will become mad on this study, thrown out by our research team after burning midnight oil over tons and tons of data loaded on our computers. And the most important thing US, Europe and China has lost credibility among investing community who have billions and billions of money but lack of investing opportunity around the world. India will be a perfect destination for them. GOOD NIGHT FOR A BETTER TOMORROW.
http://stocks-intraday.blogspot.com/2010/05/nifty-for-31st-may.html
Buy Apollo Tyres above Rs 71 SL Rs 66.50 TGT 78, 80
LATEST INDIAN STOCK MARKET NEWS FOR MAY 31ST, 2010:
INDIAN STOCK MARKET RESULTS ON 31ST MAY, 2010
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INDIAN STOCK MARKET TRADING IDEAS AND TECHNICAL TIPS FOR MAY 31ST
Sell Chennai Petro on May 31st -Details at http://bit.ly/9jUaD1
Tips for the day – 31 May 2010
Security
Buy / Sell
Buy Abv./ Sell Bel. Target 1 Target 2 Stop Loss
Axis Bank Ltd. Buy 1,217.00 1,240.00 1,268.00 1,204.00
Axis Bank Ltd. Sell 1,204.00 1,189.00 1,173.00 1,217.00
Oil & Natural Gas Corp. Ltd. Buy 1,135.00 1,149.00 1,164.00 1,124.00
Oil & Natural Gas Corp. Ltd. Sell 1,124.00 1,107.00 1,094.00 1,135.00
Tips for the day – 31 May 2010
Security
Buy / Sell
Buy Abv./ Sell Bel. Target 1 Target 2 Stop Loss
Axis Bank Ltd. Buy 1,217.00 1,240.00 1,268.00 1,204.00
Axis Bank Ltd. Sell 1,204.00 1,189.00 1,173.00 1,217.00
Oil & Natural Gas Corp. Ltd. Buy 1,135.00 1,149.00 1,164.00 1,124.00
Oil & Natural Gas Corp. Ltd. Sell 1,124.00 1,107.00 1,094.00 1,135.00
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