Learn to Earn : Money with Honey

" 20th Jun 2008 :-: Indian Share Market :-: Nse & Bse "

Good morning every 1

Have a nice day !!!
Thanks and warm regards

Green indicates "UP" :-: Red indicates "Down"
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Before market open have a glance
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SenSex And Nifty

2Day possible 2 open gap down & remain weak for the day... due 2 -Ve global cues. Banks & Metals looking weak possible 2 fall more... If Nifty close above 4500 is good for market. Below 4500 Beasrs will play in the market.

Closing is very crucial 4460/4425 :-: 4540/4585
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Stocks with +ve bias :
Cairn, RPL, Divi's Lab, Wipro

Stocks with -ve bias :
Power Grid, Petronet, J P Associates, Tata Motors

Results Today :
Abbott India , Dredging Corporation, EIH Limited , Essar Shipping , Hindalco , Llyod Financial , Parsvanath , Rohit Ferro Alloy
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Data to be announce in India today:
Inflation to be announced to the expectation for the week ending June 7th : 9.79%
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News U can Use :
· Reliance Infrastructure is planning to invest USD 7 bn in the next three years to expand its engineering and construction business in India and acquire assets in overseas. (BS)

· Tata Steel and Essar Steel are vying for a majority stake in the proposed joint venture of Indonesia's PT Krakatau Steel to build a 2.5 MT plant. (BS)

· Essar Steel is planning to buy Bulgaria's biggest steel mill Kremikovtzi AD. (Bloomberg)

· NALCO might shut plants as a strike by coal truckers has led to a very serious shortage of fuel for its power station. (ET)

· Power Finance Corp sanctioned a loan of Rs. 100 bn to NTPC for various projects to be completed in the current 11th Five Year plan. (BS)

· PNB would take a view on revising the interest rates by the end of this month in the wake of hike in the short-term lending rate by quarter percent by the RBI. (ET)

· Roman Tarmat bagged Rs. 1.06 bn orders from the Tamil Nadu Road Infrastructure Development Company for construction related works. (ET)
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US Indices
DOW : 12,063.09 +34.03 (+0.28%)
NASDAQ : 2,462.06 +32.35 (+1.33%)
S&P 500 : 1,342.83 +5.02 (+0.38%)

Asian Indices @ 9.10 am
Hang Seng : 23,254.07 +456.46 (+2.00%)
Nikkei 225 : 13,997.43 -132.74 (-0.94%)
Straits Times : 3,023.34 +30.68 (+1.03%)

European Indices
CAC 40 : 4,591.39 -27.36 (-0.59%)
DAX : 6,721.17 -7.74 (-0.12%)
FTSE 100 : 5,708.40 -48.50 (-0.84%)
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A look at the Indian ADRs

[ Name Last / Last Trade / Change / % ]

Infosys Technologies Ltd. 46.36 0.93 (2.05%)
Mahanagar Telephone Nigam Ltd. 4.62 0.16 (3.59%)
Wipro Ltd. 13.48 0.38 (2.90%)
HDFC Bank Ltd. 83.46 0.66 (0.78%)
ICICI Bank Ltd. 35.57 0.73 (2.01%)
PATNI COMPUTER SYS 11.58 0.27 (2.28%)
REDIFF.COM INDIA ADS 6.75 0.07 (1.03%)
Satyam Computer Services Ltd. 26.76 0.60 (2.29%)
Sify Ltd. 4.10 0.04 (0.97%)
Tata Motors Ltd. 11.87 0.12 (1.00%)
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US Dollar (USD) -Vs- INDIAN Rupee (INR)

1.00 US DOLLAR (USD) = 42.933 INDIAN RUPEE (INR)

Crude Oil( $ / BBL ) 132.04

Singapore Nifty 9.15am

SGX CNX Nifty4,521.0 +30.0
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Astrology View For 2Day :

. You cannot trade in Nifty in two situations. One is when you have lot of money and the other when you have an empty pocket. So forget the time before 10:23 and do not take any action.

. From 10:23 to 11:33, do an upwards jobbing and finalize the deal. Enter into a new deal after this period.

. From 11:33 to 13:30, is a confusing period. After downward jobbing close the deal.

. From 13:30 to 15:15, is a very profitable period. But Ganesha advises you to trade at your risk and depend on your luck and not on Ganesha.

. From 15.15 to the end of the day and the week sell if there is a steep trend on either side if the limit has been set. You will take the profit of the entire
day.

Source from Astrologer :
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$ & Crude

1st $ was strong.....OIL was weak.

-: From last 1 year or more ....$ is weak and OIL is on fire.

Now again US $ will become strong against all the currencies and see OIL and METAL crashing heavily in coming days....
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Watch : SenSex & Nifty for this Week

16/06/2008 To 20/06/2008

SenSex

Close..........: 15189.62

Support........: 13870

Next Support...: 15750

Resistance.....: 16640

:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-::-:-::-:-::-:-::

Nifty

Close.........: 4517.10

Support.......: 4450, 4260

Resistance....: 4620, 4860

Trade wisely... Trade well....
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