STOCKS TREND FOR NEXT 1-2 DAYS

ABAN EQ. ---- BECOMES A BUY @ 389 WITH SL 370 AND TGT 411.

AXIS BANK EQ.--- BECOMES A BUY @ 1011 WITH SL 982 TGT 1075

BANK INDIA EQ--- BECOMES A BUY @331 SL 320 TGT 350

BATA INDIA AND BF UTILITIE ALSO IN BUY MODE

DISCLAIMER: ABOVE CALLS ARE ONLY FOR EDUCATIONAL PURPOSES AND BASED ON CHARTS AND TRADING THEM WILL BE AT YOUR RISK .

Comments

CORPORATE NEWS

Corporate News  Sobha Developers has reported a 73% growth in its Q1FY’13 net profit at `45 crore over the corresponding figure a year ago. Fur-ther, the company's consolidated net sales grew higher than expected by 55.8% YoY to `432 crore during Q1FY’13. However, sales dropped by 17.24% QoQ. 533098 18.1  NHPC Ltd. posted a 15.3% decline in its net profit at `670.0 crore during the quarter ended June 2012. Total income of the com-pany fell by 3.3% YoY to `1,421.8 crore. 500116 87.4  IDBI bank Ltd. has launched IDBI Samriddhi, an online portal to help individual as well as institutional investors in investing the certificate of deposits issued by IDBI Bank. The bank has launched this portal so as to increase transparency, enhance efficiency and to reach a wider investor base. 500840 82.6  EIH Ltd., the hospitality major witnessed a 38.83% decline in its net profit at `9.45 crore for the quarter ended June 30, 2012 due to decline in sales. Total income of the company...

SUPPORT AND RESISTENCE IN STOCK MARKET

In stock market , support and Resistance symbolizes key junctures where the forces of supply and demand meet. Prices are driven by excessive supply (down) and demand (up). Thus technical analysis is very much important in the wake of knowing buy/sell signal . Supply is synonymous with bearish, bears and selling. Demand is synonymous with bullish, bulls and buying. These terms are used interchangeably throughout this and other articles. As demand increase, prices advance and as supply increases, prices decline. When supply and demand are equal, prices move sideways as bulls and bears slug it out for control. SUPPORT ? Support is the price level at which demand is thought to be strong enough to prevent the price from decline further. The logic dictates that as the price declines towards support and gets cheaper, buyers become more inclined be it intraday or delivery. The intraday trading software can make out a p...

Nifty Signals Software for Buy Sell Signals for Day Trading

INDIAN STOCK MARKETS &INVESTMENT LIMIT FOR FII In Indian Stock Market , Foreign Institutional Investor ( FII ) is allowed to invest in the primary and secondary capital markets through the portfolio investment scheme ( PIS ). Under this scheme, FIIs can acquire share / debentures of Indian companies through the stock exchanges in India . The ceiling for overall investment for FIIs is 24 percent of the paid up capital of the Indian company. The limit is 20 percent of the paid up capital in case of public sector banks , including the State Bank of India, whose huge selling by FIIs brought the share to below 2000 level in February and March series. The besttrading software analyses these aberration in FIIs inflow or outflow resulting in such a sharp reaction in even BULL MARKET . THE CUT-OFF The ceiling of 24 per cent for FII investment can be raised up to sectoral cap / statutory ceiling, subject to the approval of the board and the general ...

Search This Blog