Tuesday, July 10, 2012

Tuesday, July 10, 2012

11/07/2012 stocks news








vikas parshuram samwatsare


We Dare To Predict.......



Where Dreams Come True......
  







China Cuts Interest Rates

China's central bank cut interest rates for the second time in two months on Thursday in the latest attempt to bolster slowing growth in the world's second-largest economy.
Benchmark lending rates will be lowered by 31 basis points to 6 percent, and deposit rates will be reduced by 25 basis points to 3 percent, the People's Bank of Chinasaid in a statement on its website.

ECB Cuts Rates to 0.75%, Deposit Rate to Zero

The European Central Bank cut its main interest rate to a record low of 0.75 percent and its deposit rate to zero on Thursday to help tackle the euro zone crisis that threatens to push the bloc's deteriorating economy back into recession.

Grasim acquires Canada's Terrace Bay Pulp for $300 million

Aditya Birla Group company Grasim Industries has acquired Canada's Terrace Bay Pulp for about $300 million.
Terrace Bay which owns 285,000 tonnes of paper grade pulp capacity, will be converted into rayon grade pulp to be used by Grasim for its viscose staple fibre operations.
Grasim is expected to make an announcement shortly.
1. Kerala Aurveda
2.Bombay Dyeing
3.Raj Oil
4.MPS LTD
5.Lovable
6. Pantaloon
7. Atlas Cycle
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UBS upgraded Indian stocks to “overweight” citing attractive valuations compared with growth markets in Southeast Asia and an improving trade balance that could help improve domestic liquidity conditions.
Although the investment bank warned the country still faces a number of challenges, including politics and potential problems in the balance of payments, it recommended investors continue to bet on India. “We think the risk is worth it - that either improved risk appetite globally helps lower domestic rates, or that in the coming months an improving trade balance does the same,” UBS said.
“As such, we think liquidity will improve and by interacting with sensible earnings estimates (that have as much risk as elsewhere in the region in our view) and attractive valuations, should help India perform better in relative terms,” it added.
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STOCK MARKET ON VERGE OF BIGGEST BULL RUN OF LIFE TIME IN HISORY
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What To Do Today........


Nifty....Today Face Resistence at......5355...5395...5438

Nifty.....Today Support at ....5275...5235...5165

Nifty Range...4200--------6600

vps RESEARCH......



NEXT TGT FOR

WE SHORT NIFTY @6100 TGT 5350 / 4800

OUR 1 TGT HIT NIFTY 5350 OUR 2 TGT ALSO 


DONE 4850 NEXT 4600/4200


Our Opininon for Today's Market.......

1.Stock Specific Movement Expected Today ......

2.Midcaps Looks Good....




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  INTRADAY HOT STOCKS:11/07/2012


Buy reliance ab 735 tgt 742/748 sl 730 sell below 726
sell jsweng @ 54.5 tgt 52.5/50.5 sl 55.9
BUY FORTIS ab @ 107 TGT 109/111/115 SL 105.5
BUY IDBI AB 99 TGT 101/104 SL 97.5 
janin irr tgt 87/90 sl 83.5 
all banks and titan bgr  loook good 

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