happy new year : 2009

Wishing you A Prosperous, Healthy,

 

Bright, Delightful, Energetic, &

 

Extremely HAPPY,

 

HAPPY NEW YEAR 2009

merry x-mas

Santa clause of year

 

2008 :

 

 dr.manmohan singh

 

Package for banking  

 

auto   airlines  ssi  full

 

bags of money………

 

Merry Christmas

niftywatch

NIFTY WATCH :-

3023 ( 5 DAYS MOVING AVG. ) WILL WORK AS STOP LOSS TO ALL LONG POSITIONS ( TIGHT S.L ) NEXT SUPPORT IS 2986 , AFTER THAT DOWN WARD TARGET IS 2835 – 2740 – 2503. MARKET MAY FACE MAJOR RESISTANCE @ 3115 – 3144 – 3185 – 3244.

On Friday trend decider and 1^st resistance of 3115 worked well. Its all mathematics only, no magic…………………………………………….

Congratulations …….. ICICI Bank’s CEO-designate Chanda Kochhar : most powerful businesswomen .

India’s tea business is expected to start 2009 with an overall supply gap of around 35 million kg, which should mean better returns for planters as increased production has been offset by rising exports and domestic consumption.

Hdfc cuts floating hoam loan by 50 basis points. Sbi cuts PLR by 0.75% and deposit rate by 1%. Welcome gesture .

IMF chief Dominique Strauss-Kahn warns 2009 will be even worst , if spending are not increased by governments to stimulate economic growth.    He justified British govt. gesture of higher borrowing in order to pump in more money in British economy. IMF lowered global gdp growth % from 3 to 2.2. in jan. they can further lower it by .5% or more….

 

Merry Christmas

 

 

DISCLAIMER :- We can’t dictate the market. Its an observation only. May , may not hold good. Much depend on govt. policies ,economic & political scenario. Its more of an informatics’ article only. Presenter /writer is not liable or responsible for any personal or financial losses or profits.

 

year of hopes : year 2009

Year of HOPES : 2009

 

 

 

INFLATION is @6.84% . it was predicted well in advance few months back that inflation will cool off to range of 5/7 % before year end. Logic is simple, every year after monsoon rates of food articles (specially vegetables ) fall by at least 50%, second its result of fall of crude rates from $147 to below $47.  CRUDE , when every researched was predicting $200, this site advocated that $147 is big resistance.  I have doubt , if monetary actions have helped, but tightening of money market have definitely dented  growth. Few months back crude rated were problem for China , US, and India , now current rates are problem for countries like Iran ( and other Arabian countries ) and Venezuela ( and Latin American  countries ), or even Russia .many countries just depend on oil production only . its all cyclical trend only. When macro factors have started supporting us, Now request to Government is to reduce 2 rates ( petrol and interest ). Today if we will work on above mentioned rates , tomorrow we will be able to achieve growth above 10% even with in a year. This is my conditional prediction for the year 2009 (by the end of year). 

 

 

 

 

MERRY X-MAS

 

 

NIFTY WATCH :-

 

TREND DECIDER     :   3034

 

RESISTANCE             :  3115 – 3167 – 3185

 

SUPPORT                    :  2992 – 2947 – 2865

 

 

READ DESCLAIMER

nifty watch

Yesterday market was showing sco : 96 rsi (5 days ) : 83 mean overbought and result was clear drop of 100 points in nifty. Its all mathematics.

 

Trend decider    : 2962

 

Resistance         : 2985  - 3039 – 3076

 

Support             : 2906  -  2858  - 2830

read disclaimer

NIFTY WATCH

 

 

Trend decider  :  2978

 

Resistance       :  3003 – 3037 – 3087

 

Support            :  2923  -  2850  -  2784

 

 

DISCLAIMER :- We can’t dictate the market. Its an observation only. May , may not hold good. Much depend on govt. policies ,economic & political scenario. Its more of an informatics’ article only. Presenter /writer is not liable or responsible for any personal or financial losses or profits

positive news

SEBI on Tuesday extended the facility of cross margining across cash and derivatives segments to all categories of market participants. So far, this benefit had been restricted to institutional trades.

The move will lower margin payment for traders, who are holding opposite positions in the cash and futures segment of the same stock. This will come as a big relief for broking firms as cost of working capital has risen sharply in the past few months.

Suppose an investor wants to buy 1,200 shares of ACC. He is already holding a short position of 1,000 ACC shares in the futures segment. Any losses due to an intra-day fall in the price of ACC shares will be neutralized by gains on the corresponding short positions held by the investor in the ACC stock futures.

This means that the value of the transaction, that faces potential volatility risk, is of only those 200 shares (1,200 shares minus 1,000 futures) that do not have a corresponding short position. Accordingly, the exchange will levy margin only on 200 shares. So far, derivative and cash market trades were treated as separate transactions.

This will help financial intermediaries reduce systematic risk by making margin more readily available where it is needed the most, particularly in turbulent market conditions. Many believe cross-margining is important, since there are lot of cash-futures arbitrage trades. “It is an essential step towards a mature market,” said an investment strategist.

The regulator said positions in cash and F&O will be available for cross margining to the extent they offset each other. It said the basket of positions in index stocks or futures are eligible for cross margining.

SEBI has also imposed a spread margin of 25% of the total applicable margin on the eligible off-setting positions, in the respective cash and derivative segments.

Cross-margining benefit would be computed at client level on an online real time basis and provided to the trading member/clearing member/custodian, as the case may be, who, in turn, will pass on the benefit to the client. For institutional investors, however, the cross-margining benefit would be provided after confirmation of trades. Source : economics times