Tuesday, June 7, 2011
08/06/2011 STOCK NEWS
VIKAS AND VARSHA
VIKAS SAMWATSARE@YAHOO.COM
We Dare To Predict.......
Where Dreams Come True......
A “sudden” slowdown in China may lead commodity prices to fall as much as 75 per cent from current levels, Standard & Poor’s said.
Unexpected shifts in government policies or problems in the banking sector may trigger such a slowdown, S&P said in a report e-mailed on Saturday. The floor for aluminum is 65 cents to 70 cents a pound ($1,433 to $1,543 a metric ton), compared with about $1.20 a pound now and copper’s floor is $1.50 to $1.75 a pound, compared with $4.10 a pound currently, S&P said.
China’s gross domestic product may grow 9.5 per cent this year, down from 10.3 per cent in 2010, according to a median of 11 analyst estimates compiled by Bloomberg. Under S&P’s base- case scenario, China’s economic growth will moderate, while private consumption will remain strong, according to the
report.
The current situation isn’t a bubble and it’s not going to burst, but there is a risk,” Sprinzen said
Financial service firm Moody's said India's growth prospects over the next few years remain robust and the economy is expected to expand by 8.5-9.5 per cent annually despite the slowdown during the January-March quarter of last fiscal.
Terming inflation as the biggest challenge before the Indian economy, Moody's said the Reserve Bank should focus on controlling the price rise and added that maintaining the balance between growth and inflation would a test for policymakers.
"The slowdown in India's real GDP in the three months to March was not entirely unexpected... The economy is still carrying strong growth momentum into 2011 and should grow in a range of 8.5-9.5 per cent over the next few years, in line with its recent trend," it said in a report.
1.Net direct tax collection down 48% in Apr—Maye
Yes!!!!
The net direct tax collection during the first two months of the current fiscal fell by 47.93per cent, mainly on account of dolling out of large refunds by the IT department .
Net direct tax collections, gross collections minus refunds, were down by 47.93 per cent at Rs 12,954 crore during the first two months of the current fiscal, the finance ministry said in a statemen.
2.Inflation to fall below 8% by July: IEG
Yes!!!
After remaining above the 8% mark for almost 18 months, inflation would moderate to 7.93% by the end of July, Institute of Economic Growth (IEG) has said in its forecast.
"The WPI (wholesale price index) inflation forecasts are 8.47%, 8.24% and 7.93% for May, June and July 2011, respectively," IEG said in its monthly monitor report.
Be Alert!!!!!!!!!!!!!!
Something not going good in market!!!!
Stay Cautious in Near Term!!!!!
Yes!!!!!!!
You All Know What Happened in Market!!!!!
Always..............track me Brings.......Accurate Idea of market Trends
When Street Talker Barking......
Street Talker Barking.....Nifty Can go 4800...4500...4200 Due to High Crude Price..........
Ongoing Scams Budget Worries
When.....................
Just See...........
1. Billionaire investor George Soros's hedge fund dumped most of its gold holdings during the first quarter, according to a securities filing on Monday.
Yes!!!!!!!!
Smartest People' Getting Out of Commodities!!!!!
2.History suggests a change in margin like that of the CME is a death verdict .
Yes!!!!!!
Poll !!!!
A poll of analysts and traders showed an overwhelming negative bias for prices this week. Eight out of 12 respondents expect oil prices to drop, three believe prices will rebound while one expects prices to remain little changed.
Markets likely to do better in second half of this year: Morgan Stanley
According to a recent report by Morgan Stanley Research on emerging markets , the first half of the year will continue to be difficult in terms of returns but the performance is likely to improve in the second half of the year!!!
The report highlights three possible scenarios for the MSCI Emerging Market Index-a bull case, a bear case and a base case. It assigns different weightages to each (see graphic).
Accordingly, the report says, earnings are likely to see a deceleration in EPS growth, from around 40% YoY in 2010 to 13% YoY in the base case and 4% in the bear case!!!
FII Figure!!!!!!
PARSADAM
Where there is a dream there is a way!!!
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What To Do Today........
Nifty....Today Face Resistence at....5595...5638....5680
Nifty.....Today Support at .....5535...5502...5475
Nifty Range...4800--------6600
RESEARCH......
NEXT TGT FOR
WE SHORT NIFTY @6100 TGT 5350 / 4800
OUR 1 TGT HIT NIFTY 5350
Scammmmmmmmm Rumors Every where So Stay Away...
Our Opininon for Today's Market.......
1.Stock Specific Movement Expected Today ......
2.Midcaps Looks Good........
INTRADAY HOT STOCKS: 08/06/2011
BUY DCHL(66). TGT:67.55-
BUY TATA ST ABOVE 582 TGT 590/595SL 578 SELL BELOW 575
SELL SUNPH BELOW 489 TGT 485-481 SL 494
BUY IRB@ 162 TGT 164/167 SL 159
BUY DELTA CROP@ 95 TGT 99/103 SL 93SELL ICIC BK BELOW 1049 TGT 1020 SL 1060
positional SELL RCOM @ 108 TGT 85 / 60 SL 112 1 tgt hit
UFLEX LTD
(Bse Ticker-500148@ Rs.199/-)
Something Big Cooking!!!!!
TARGET
Rs.240/- Rs.275/-
TIMEX GROUP
I
NDIA LTD
(Bse Ticker-500414 @ Rs.43/-)
Timex Group designs, manufactures and markets innovative timepieces and jewelry globally. Timex, founded in 1854, has expanded to become Timex Group, a privately-held company, with several operating units and over 5,000 employees worldwide.
Timex Group India has one of the most powerful portfolios of brands in the watch industry. With technological innovation and cutting-edge design, we recognize the tremendous opportunity to leverage the reach and appeal of each brand’s individual identity, personality and customer base. With our global organization and breadth of expertise, we bring our partners from concept through design, manufacturing to distribution, to meet and exceed the brands’ criteria for success.
TARGET
Rs.54/- Rs.75/-
ECLERX SERVICES
(Bse Ticker-532927 @ Rs.836/-)
Another Infosys in the making!!!!!
TARGET
SKY IS NOT THE LIMIT!!!
vikas p SAMWATSARE RESEARCH...
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