Multi bagger and Midcap tips updated.Check it.
http://dalalsecuritiestipspageupdatingtechni.blogspot.com/2009/06/hot-midcap.html
http://longtermtipsdalalsecurities.blogspot.com/2009/06/strong-trade.html
Market very bearish on today.Again all over the world, seeing the sign of loosing the positive breadth that had for the last one and half months.4% slump in the opening, we predicting and could see some recovery in the mid session.As we reported yesterday, United states would take some more time to recover and to back from the recession.The time is not predictable, it could be years.We seeing some stocks could correct today between 5-15%, that have been updated in tips today, please see it.Have a nice trading day.
March leading indicators fell to -.3% in United states.Number is for the month of march.That was larger than the consensus estimate of -0.2% and marked the third straight monthly decline in the series. The February report was revised higher to show a decline of -0.2% versus a previously reported -0.4%. Looking at the components within the index, it was M2 and the interest rate spread that were the big offsets again, as they contributed 0.34% and 0.26%, respectively, to the leading index.
Consumer expectations added 0.08%, consumer goods orders were estimated to be flat, and all other components were reported to have a negative net contribution with building permits (-0.26%) the biggest drag.
Purpose
The purpose of the leading index is straightforward: It is designed to signal turning points in the business cycle.
Composition
The index of leading indicators includes the ten economic statistics listed below.
1.The interest rate spread between 10-year Treasury notes and the federal funds rate.
2.The inflation-adjusted, M2 measure of the money supply.
3.The average manufacturing workweek.
4.Manufacturers' new orders for consumer goods and materials.
5.The S&P 500 measure of stock prices.
6.The vendor performance component of the NAPM index.
7.The average level of weekly initial claims for unemployment insurance.
8.Building permits.
9.The University of Michigan index of consumer expectations.
10.Manufacturers' new orders for nondefense capital goods.
source:briefing
Our market will open in positive mood.Only good news at all in the global markets, but we have to move very carefully,A speed breaker can approach any time in this race.There is no notworthy results on monday, and IIP number could not affect the market mood any more.Actually market was expected such bad numbers, but the speculators dose nt seemes to.That was the reason for thursdays dull trading.For intrday tips please watch Tips Today meny on the above side of the page.And have a nice trading day.
If an investor looks for the market, both global and domestic are ready to hear the annual numbers of the members.These numbers will decide the further upmovement of markets. All global financial giants are preparing to announce thier numbers in this week (Citigroup, J.P. Morgan, Goldman Sachs).The other companies are GE,Intel etc..In domestic market we have only 4 days to trade in this week, and Infosys results will out on 15.
Regarding the US bank results, different predictions are coming from the various sides,Some expects the write -off will continue and could go thats worst part.But some believes this is the time to expect some surprise news from the Boards.We Dalal securities have a postive outlook on the market and on the overseas results.
Alok industries ,all possible to touch 15 .
Bharati Airtel could see at 680.
PowerGrid could move to 100.
These are only speculators predicts,no technical support for these information.If you trading these stocks ,that will be your on risk.
We like today ANSAL INFA today as well as GMR which we recommended yesterday could break out with in 5 days.We also like Dish tv in long run.
U.S. stocks break a five-session losing streak, part of a worldwide rally on hopes for more stimulus spending from the Chinese government. But the rally passed over one major industrial player in China: Shares of General Electric slid again and speculators in the derivatives markets continued betting against the conglomerate. The U.S. and China are viewed as the twin engines of economic growth, and the surprising vulnerability of China to the financial crisis was one of the biggest weights on industrial and commodities sectors in recent months.
Asian markets opened with this hope , nikkie is now trading at 3% up and sydney is also trading at 1.5% higher.So trading at higher in india also possible today.Have a nice trding day.
We like today to recommend GMR industries.Stock is trading at good valuations and could make a rally to 130 and above.
Verybad numbers from the world auti giants .Ford leads in the worst news that lost 50% of sales compare to last year of same period.More over to these Australian GDP also has nothing to joy.Sydney lost 2% in the morning itself, other asian markets also not trading higher.Sensex is trading at very critical area ,its really a range bound market.Market likely to be positive in closing amid of these bad news.Because lots of shorts exists.Other bad news is that CLSA lowers india GDP expectation to 4.9%.So nothing good expects today.Have a nice trade day.
Rupee sinks all time low ,that now it is trading at 52.19.It is said that above 52 now sellers at all other than RBI.RBI very keen about the not to further sink of rupee.Deep fall in the equity market has brought this situation ,as FII becomes buyers other than any time.Technicals say rupee could depreciate further as to touch 53-54.
Australian gross domestic product shrank .5% for the period of october -december.There was a expectation that it will rise atleast .2%.
We like Dish TV and Cairn india today as both can down today.
See a major aupport at 22.30 for Dish tv ,according to the chart study it could easily make a down to this level.
And about Cairn india has all the possibility to slump 150, today itself.
The tips are for 3-4 days ,and it s so advised so because market is so volitile.
Shorting and holding the shares is always risk than buying the same.
U S market are down on yesterday trade and it s now at the 1996 levels.Ten companies, led by ConocoPhillips, Time Warner Inc. and recently acquired Merrill Lynch, are behind the bulk of the carnage that helped fuel the worst two-month start ever for the S&P 500 Index, which on Monday made another run through its November lows.
In india we dont feel much raaly today,as all asian markets are trading down today morning.Nikkie opened -1.5% and Hangeseng is the biggest loser with more than 3% down.We also go with the stream, recovery could seen after the lunch session ,but it will difficult to bring back the market to last week closing levels.Have a nice trading day.
For the last 4 weeks we were not active , ant we are coming back today.We regeret the inconvenience that happened to our regular readers.
As we have 10 days internalship ,we remain closed untill 10/02/09.Regret for the incovenience.
Buy BARTRONICS.Stock chart shown good support at 67.45 and seen good resistence at 72.60.
Closin gpoint is 69.45 and it could rally to 73 levels in 6 days.
Marketis likely to trade higher today.Only one to go toexpiry so some short covering can witness in selective counters."A rise in U.S. stock futures is supporting market sentiment," said Yumi Nishimura, a market analyst at Daiwa Securities SMBC in Tokyo, with hopes the new U.S. administration would move quickly to push through its fiscal stimulus proposal; also, CNBC reported the administration was close to deciding on a plan to set up a "bad bank" to buy bad or illiquid assets from banks.Buying interest can also seen in india also, have a nice trading day.
Buy DLF , it could witness 10% in one week.We also like NDTV, it could breake it out today itself.
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