Sensex support of 18400 has been breached and it shows that 2G scam is taking a toll on Indian markets. Short term trend is still up till Nifty 5390 level is not breached. On Monday one needs to keep an eye on 5500 Nifty level as its breach means market tanks by further 40 points where it again gets support and a bounce can be expected from level of 5460. Now all eyes are on next major trigger which will be Union Budget 2011-2012 which will be unveiled by finance minister Pranab Mukherjee on 28 February 2011. Investors will watch if the Finance Minister announces measures to rein in inflation and inflationary expectations.The government may also announce some populist measures in the Budget given that assembly elections are due in Kerala Tamil Nadu West Bengal and Assam. In all these states the Congress is potentially looking to regain power or to retain it. Take benefit during world cup fever and budget fever by going for sure shot NSE BSE tips which will open an additional income stream for you to achieve your financial dreams. Globally keep an eye on Richmond Manufacturing Index, US Existing home sales, Initial jobless claims and EMU New industrial orders in the coming week.
Going by the expectations at dalal street, investors and traders expect the government to continue thrust on development spending in the Union Budget 2011-2012 to be unveiled on 28 February 2011. The government may selectively raise import barriers for capital equipment especially power equipment to facilitate domestic players. The government could also unveil policies to increase capital flows to the infrastructure sector at lower financing costs.
One can always learn the art of innovation as its thinking process and think tanks are par beyond excellence and probably that is the reason it is ruling the web world as no 1 search provider on the internet. We definitely take an opportunity to go for standing ovation for Google think tank who are doing a marvellous service every company management can learn a lesson or two from them. This adjacent image is on the eve of Cricket world cup 2011. Hats off to you ! Google and Keep it Up. However we expect you to take a firm stand against China so that its citizens are not served filtered information. Do not bow down to communist pressures as at times principles must stand way ahead of monetary gains.
Globally India is doing its bit where Brazil and India will join the U.S. in putting pressure on China to let its currency appreciate at a faster peace during meetings of finance ministers and central bankers from the group of 20 leading economies.
Warning: It has been confirmed that an outbreak of bird flu, or avian influenza has occurred in the northeastern state of Tripura and thus the region should abstain from poultry products.
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Support and Resistances for the Day
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Strong future shares at National stock exchange
Welcorp, Finan Tech, Yes Bank, LIC Housing, Andhra Bank, Core Protect, Kotak Mahindra, Opto Circuit, SBI & BRFL.
Weak future stocks at NSE
Unitech, DCHL, Rcom, Patel Eng, Punjlloyd, LITL, Rel Media, BEML, Moser Baer & Orbit Corp.
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If you like our post than do not forget to refer our share tips info tips website to your friends and colleagues.
Friday Ups and downs
The day gone by saw Essar group shares drop after Central Bureau of Investigation (CBI) on Thursday questioned Essar Group CEO Prashant Ruia in connection with the company's alleged role in conniving with Loop Telecom to get 2G licences in 21 circles in January 2008. The market reversed direction in mid-morning trade on reports the Central Bureau of Investigation (CBI) has raided offices of Kalaignar TV. The allegations are that one of the beneficiaries of the 2G spectrum scam Swan Telecom a company of DB group had transferred about Rs 200 crore to Kalaignar TV through another company Cineyug Films. Reliance ADA group shares fell sharply amid the ongoing CBI probe into the 2G spectrum allocation scam. Reliance Communication, Reliance Capital, Reliance Infrastructure and Reliance Power plunged between 6 percent and 7 percent.
Curbing Inflation
To curb inflation Indian govt is taking artificial measures In by launching a new consumer price index that combines data from rural and urban areas and includes sectors that weren't part of the existing gauge as it aims to capture price trends more precisely in one of the fastest-growing global economies.
You can find more info related to the share markets of India by searching with the following keywords on the site by using the Google tool as given on the financial blog cum website.
Going by the expectations at dalal street, investors and traders expect the government to continue thrust on development spending in the Union Budget 2011-2012 to be unveiled on 28 February 2011. The government may selectively raise import barriers for capital equipment especially power equipment to facilitate domestic players. The government could also unveil policies to increase capital flows to the infrastructure sector at lower financing costs.
One can always learn the art of innovation as its thinking process and think tanks are par beyond excellence and probably that is the reason it is ruling the web world as no 1 search provider on the internet. We definitely take an opportunity to go for standing ovation for Google think tank who are doing a marvellous service every company management can learn a lesson or two from them. This adjacent image is on the eve of Cricket world cup 2011. Hats off to you ! Google and Keep it Up. However we expect you to take a firm stand against China so that its citizens are not served filtered information. Do not bow down to communist pressures as at times principles must stand way ahead of monetary gains.Globally India is doing its bit where Brazil and India will join the U.S. in putting pressure on China to let its currency appreciate at a faster peace during meetings of finance ministers and central bankers from the group of 20 leading economies.
Warning: It has been confirmed that an outbreak of bird flu, or avian influenza has occurred in the northeastern state of Tripura and thus the region should abstain from poultry products.
Click Here to Get Free Stock Market Tips in Email
Support and Resistances for the Day
| Indices | Support | Resistance |
| Nifty | 5390-5330 | 5500-5560-5619 |
| Sensex | 17989 | 18400-18560-18742 |
| Stock | Profit (Rs) |
| Tip | 1440 (Rs 50,000 Trading) |
| Share | Gains (Rs) |
| Tips | 33560 |
| NSE Nifty 50 Stocks | Made Money (Rs) |
| Tipz | 47980 |
Strong future shares at National stock exchange
Welcorp, Finan Tech, Yes Bank, LIC Housing, Andhra Bank, Core Protect, Kotak Mahindra, Opto Circuit, SBI & BRFL.
Weak future stocks at NSE
Unitech, DCHL, Rcom, Patel Eng, Punjlloyd, LITL, Rel Media, BEML, Moser Baer & Orbit Corp.
Click Here to Get Free Future and Option Tips in Email
If you like our post than do not forget to refer our share tips info tips website to your friends and colleagues.
Friday Ups and downs
The day gone by saw Essar group shares drop after Central Bureau of Investigation (CBI) on Thursday questioned Essar Group CEO Prashant Ruia in connection with the company's alleged role in conniving with Loop Telecom to get 2G licences in 21 circles in January 2008. The market reversed direction in mid-morning trade on reports the Central Bureau of Investigation (CBI) has raided offices of Kalaignar TV. The allegations are that one of the beneficiaries of the 2G spectrum scam Swan Telecom a company of DB group had transferred about Rs 200 crore to Kalaignar TV through another company Cineyug Films. Reliance ADA group shares fell sharply amid the ongoing CBI probe into the 2G spectrum allocation scam. Reliance Communication, Reliance Capital, Reliance Infrastructure and Reliance Power plunged between 6 percent and 7 percent.
Curbing Inflation
To curb inflation Indian govt is taking artificial measures In by launching a new consumer price index that combines data from rural and urban areas and includes sectors that weren't part of the existing gauge as it aims to capture price trends more precisely in one of the fastest-growing global economies.
You can find more info related to the share markets of India by searching with the following keywords on the site by using the Google tool as given on the financial blog cum website.
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