performances

OUR JSW STEEL SHORT TERM CALL ZOOMS TODAY ON THE STREET TODAY .AS OUR STER CALL ALSO ZOOMS YESTERDAY 7% . HAPPY YOU ALL .

a general request.-again

as u peoples saw a huge posting on the blog i am trying to cover all the aspects of the markets so it's very tough task for me alone doing all this as this is free site also so i need someone help any person or computer professional who wish to join this can contact me on yahoo messanger as i want to make it large so peoples can get benefited...as now a days call subscription charges are going too much high after that also in intraday 95% are loosers in india my main focus on this blog on intrday .as i think intraday earnings are quite higher then long term earning if you learn to play the game smartely .

so any technical analyst ,any stock khabar or news on any sector you can drop a mail to me or directely post on the blog as i want to create a chat room on the blog but i dont know if any one knows can suggest me how to do it .
regards.

intra day picks.

THIS WILL B GIVEN THROUGH YAHOO MESSANGER DUE TO VOLATILITY IN THE MARKET HOPE U ALL CAN UNDERSTAND .

intraday calls performance on 04.04.07

ster given is up by 8% ,torrent power given is up by 5% later on it cools ,thermax given is up by 1.7% .
only 3 calls they all perform better.....enjoy.

suggestions and remarks are always welcomed on calls.

nifty 05.04.07

as we are still buliish on nifty but only rumors keep me on thinking on lower side as on 14th april infosys results are awaited and friday close also .today graph is at confusing level for me also as market is not showing any direction but tring to find out the way after a long time thinking on every technical aspect our conclusion is that again 3750 is key factor nifty can open with the gap of 25-35 points gap suddenly it can cool off after that it will again try to test 3750 levels if it crosses then 3795-3830 levels we can see by tomorrow . support exits on 3690 a good support we can say .today i observed a selling at higer levels but not too much this not a matter of worry as some one bought at lower level ovious they ll sell.so 3750 again key .

second aspect- as nifty closes today at 3733 if open with 25 gap then it ll 3758 there is one chance of major bounce back if it sustains till 10.45 we can see across the board buying. and this ll zooms nifty upto 3795-3825 in starting only this my own view.

note- this is technical view if any bad news rumors comes then it cant work .keep in mind as now a days market is so sensetive and aggresively respond to any rumours . b cautios and happy trading.

A DECLARATION

dear all ,
as per as i am concern whatever i am providing on the blog almost correct with my own view approx we have 95% strike rate till date .if any one have objection on this statement can mail me i ll post his objection. today what i want to suggest you all is that the nifty levels or stocks which i recomends stick to target i dont have any problem but plz keep eye on international clues also as now a days our indian market is behaving with internation market "taal se taal mila" situation.now a days you all knows very well how much international factors are violent so many rumours comes..as i am concern not all rumours are truth but we have to capacity to identify that this rumour if we understand wrong then we can suffer a lot as i am whole day online with you peoples i ll try my best to intimate you all before ny happening but bychance ny news skip then so plz dont b so much greedy in current situation .as the resistant levels and support levels i am providing these work fine.but" darr to darr hota hai mujhe bhi aapko bhi hai" i must tell you fearness is always good in this market but not panickness.so at last i want to tell that much only is that i am not the god of this market .but i ll try my best and b with us still bullish on nifty ...

feedbacks on this are most welcome this for your awarness.
regards.

a general request.

forward to all your contacts our links .

www.indianbazar.blogspot.com

www.4urallneeds.blogspot.com.

if any well known computer application person then plz contact me at messanger...a help needed.

NEWS........

In yet another twist to the ongoing spat between the Government and the cement manufacturers, the Centre on Tuesday announced that it was doing away with 16% Countervailing Duty (CVD) and 4% Special Additional Duty (SAD) on Portland Cement.
"The Government expects that the cement manufacturers, in the larger interests of consumers and for checking inflation, will take appropriate measures for moderating cement prices,'' the Finance Ministry said in a statement.
The move is likely to make imported cement cheaper than domestic cement. At present, imported cement is slightly expensive than local cement. Average cement prices increased to Rs220 per 50-kg bag in March from Rs165 in January and Rs209 in February, the Government said.
The Government, with a view to keep prices of cement in check, had fully exempted basic customs duty on portland cement in January. The cement industry was requested to moderate prices in the interest of the consumer. However, the industry is of the view that prevailing high prices are a consequence of a demand-supply mismatch. "It is expected that the present move will improve supply situation in the country," the Finance Ministry said.
The Government has already invited cement manufacturers to come forward with proposals to moderate the price of cement. "The Centre expects that cement manufacturers, in the larger interests of consumers and for checking inflation, will take appropriate measures for moderating cement prices," the Finance Ministry said.
It may be recalled that the Government has been seeking a reduction in cement prices for quite some time now, but cement makers have refused to toe the Centre's line, offering to freeze prices at the current level for a year.
The standoff between the Government and cement manufacturers started when Finance Minister P. Chidambaram announced a dual excise duty structure on cement in the Budget for the year 2007-08.
Chidambaram proposed an excise tax of Rs600 per metric ton on cement sold at more than Rs190 a 50-kg bag. For cement priced below Rs190 a bag, the tax was cut to Rs350 a ton from Rs400 starting April 1.
In response to the Finance Minister's move, the cement companies raised the prices and have repeatedly turned down the Government's call for a cut in cement prices, leading to a deadlock over the issue.

sorry

dear friends,
extremely sorry due to not good health i am unable to post more on the blog..short term calls plz carry on and long term no questions..

tomorrow market views.- as i also get confused while watching the trend line i can not say nything now bt 3715 is key factor after that we see another run up till 3735 if fails to cross then no more downside i am seeing only 15-20 points in nifty bt still bullish on nifty with 4000 target . and tomorrow i ll give u more updates on yahoo for nifty.

play safely with cement sector tomorrow may b downtrend later on they can recover as one important circular is waited from goverment .. gujambuja is in uptrend ..dont short it it can touch 106-108 levels.

intraday stocks ....torrent power,thermax,ster,


note ...still i am saying that nifty is bullish........international cues positive.our 3850 call option is still open position as i said holding period is for 5 days given on friday as i remeber....carry on this positions.

ELLIOT WAVE ANALYSIS FOR NIFTY 03.04.07

LLIOTT WAVE ANALYSIS OF NIFTYA WAVE 2 RALLY!! Shud definitely be short lived! Nifty today rallied up to complete either wave 2 corrective of the fall yesterday or just wave 'a' of the corrective. Eitherways, This corrective has to be followed by another corrective wave taking Nifty down once again to 3620 levels or by an impulsive wave taking Nifty towards 3550 levels. Whichever wave unfolds, Does not matter at the moment. We appear all set to see a bearish Nifty tomorrow to add to the confusion between the bulls and the bears. Targets for Nifty from here stand at 3640 - 3602-3570 levels. Go short on Nifty with a stop loss of 3737

stock to watch

Stock to watch
Eveready Industries
Last week’s close (Rs)
66.8
Prev. week’s close (Rs)
60.2
Week’s high (Rs)
69.6
Week’s low (Rs)
58.6
Last week’s ave. daily turnover (Rs cr)
5.5
Prev. week’s ave. daily turnover (Rs cr)
0.2
Number of up/down move
3/1
Battery major Eveready Industries could well be worth looking since its phenomenal move on the bourses last week. After touching its 52-week low levels of Rs 58 on Thursday, the stock rebounded sharply to Rs 67 levels closing with a weekly gain of 11 per cent.
Moreover, the stock has seen a continous upside in its closing price with a consistent rise in volumes. The stock has been a major underperformer in the last one year mainly due to its weak financials in the last few quarters led by the rising input costs (read soaring zinc prices in the year 2006) and the company’s inability to pass on the entire costs.
However, the worst seems to be over and the situation is expected to improve going forward as the demand is expected to be robust and zinc prices are unlikely to touch skyrocketing levels again. Eveready commands a 44 per cent market share in the dry cell battery market.

source-BS

DARE TO THINK LIKE THAT ? MADNESS MAY B YOU ALL CAN CALL LETS TIME ...TO COME.

Nifty is to triple bottom out at 200 DMA i.e.nearabout 3600 to 3630. from here expect a rally of 400 points i.e. 4000 by friday. Any doubt please think on next monday. again a black monday ....just joking ..but not whole statment this one only i am joking abt black monday ..bt somewhere i am confident abt 4000 nifty by this friday or by this exipary ..so no need to look backward.

SEE OTHER REPORT..WHERE TO WORRY FUNDAMENTALLY TO WHOM WE CAN SAY WRONG?

Not to be outdone by Citigroup with a high-end target of 16000 for the BSE Sensex 30 market index, the Economic Times featured an article by Dawnay Day AV Financial Services which argues that “With this newfound enthusiasm about the long-term prospect of Indian economy, it’s conceivable that Sensex will continue its northward journey in ‘07 and beyond. It could touch 20000 in 18 to 24 months.”
The reasoning given is somewhat flaky, and the comments on valuations could be taken to argue against this lofty target: ” . . . the P/E multiple for the BSE Sensex (on a one year forward basis) at 17.9 times, which is 42% higher than the average P/E of 12.6 times in the last nine years. However, there is a strong case for these premium valuations . . .”

CITIGROUP NEWS........

Citigroup has been bold enough not only to give a forecast for the BSE Sensex 30 index in 2007 but also to believe that it could hit 16,000 by year-end. Their logic:

Citigroup’s regional equity strategist, Markus Rosgen, has set a target of 14700 to 16000 for the Sensex as of December 2007. This is based on a fair value of 13300 for Sensex and 10-20% premium on account of higher ROE’s(return on equity) and expected upgrade momentum for earnings estimates.

Given that’s its currently loitering around 12500, the Sensex would have to post a gain of 28% over the next nine months to hit the upper end of Citi’s target. Whaddaya think?

SEE EXPERT VIEWS ON CNBC.....N JUSTIFY ONLY ONE CONCLUSION?

Revising its key policy rates, the RBI has hiked the Cash Reserve Ratio by 0.5% to 6.5%, while the repo rate - the rate at which banks borrow from the RBI, was increased by 0.25% to 7.75%.
As expected and predicted, the markets did not take well to this news, slipping deep into red on sustained selling pressure across scrips – the worst affected being auto, banking and capital good stocks.
Its time to get an expert opinion on the best course of action in such a situation.
Experts like Anil Manghani and Karvy Stock broking think that it is a good idea to buy into bank stocks at this downside. Sajiv Dhawan of JV Capital opines that the market’s reaction was expected.
“The fundamentals have changed with government’s emphasis on controlling inflation and the way they are doing it through interest rates will affect everyone be it a corporate or individual and at some stage that is going go catch up and the problem is that a lot of damage is been done along the way,” he says.
Dhawan feels that equity markets are reflecting that, when you get fixed pauses - maybe next week going up to 11-12% suddenly equities look more risky.
More to come