Monday, April 2, 2012
03/04/2012 stock news
SAMWATSARE
VIKAS PARSHURAM SAMWATSARE
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WE READY FOR ANOTHER 0.50% CUT IN CRR ON 15th March
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95% Chance of ANOTHER CRR CUT on 15th March
70% Chance 0.25% REPO RATE CUT
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The
Union government is considering granting agriculture status to the
seafood industry, including aquaculture. This old demand of the seafood
industry is expected to be fulfilled in Union Budget 2012 , according to
sources.
The seafood sector has an industry status and is under the control of the ministry of commerce.
Since
fish farming is a fast growing business and similar to agriculture
activities, the Seafood Exporters Association of India (SEAI) has been
pressing this demand for quiet some time.
“The agri status will benefit the industry in a multifaceted ways,” said Ravi Reddy, president, SEAI. The fish production sector, especially aquaculture farms, are not getting sufficient loans from financial institutions. Once the status is granted, loans at lower interest rates will be easy and will benefit thousands of aquaculture farmers.
“The agri status will benefit the industry in a multifaceted ways,” said Ravi Reddy, president, SEAI. The fish production sector, especially aquaculture farms, are not getting sufficient loans from financial institutions. Once the status is granted, loans at lower interest rates will be easy and will benefit thousands of aquaculture farmers.
Because
of inadequate finance and high risk in the production, insurance is
also not provided to this sector. A majority of the aquaculture farms in
the country are not yet insured, he added.
Also,
power will be provided at lower rates, as in the case of farming. For
the sea fishing sector, diesel might be available at subsidised rates
for mechanised boats.
The country produced 145,600 tonnes of products through aquaculture yearly valued at Rs 3,585 crore in 2010-11.
Production increased 39.7 per cent as against 41,381 tonnes valued at Rs 1,054 crore in 2009-10
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What To Do Today........
Nifty....Today Face Resistence at......5355...5380...5455
Nifty.....Today Support at ....5255...5175...5105
Nifty Range...4200--------6600
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NEXT TGT FOR
WE SHORT NIFTY @6100 TGT 5350 / 4800
OUR 1 TGT HIT NIFTY 5350 OUR 2 TGT ALSO
DONE 4850
DONE 4850
Scammmmmmmmm Rumors Every where
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So Stay Away...
Our Opininon for Today's Market.......
1.Stock Specific Movement Expected Today ......
INTRADAY HOT STOCKS: 03/04/2012
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BUY MNM @ 710 TGT 715/719 SL 705
SELL SBI IN UPSIDE 2150/2170 TGT 2100/2050 SL 2195
SELL ACC BELOW@ 1350 TGT 1342/1335 SL 1362
BUY MNM @ 710 TGT 715/719 SL 705
SELL SBI IN UPSIDE 2150/2170 TGT 2100/2050 SL 2195
SELL ACC BELOW@ 1350 TGT 1342/1335 SL 1362
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