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" 23rd 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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Updated
Weekly Technical Analysis - 23/06/2008
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SenSex And Nifty

Market go down due 2 - Inflation, Political Move, Crude Oil, Global Cues.... Nifty may settle around 4000-4200 this week. Expiry 26/06... Some pullback is possible...

Nifty (4348) Sup 4250 Res 4400.

Trade wisely...Trade well...

JUST MAKE MONEY... NOTHING ELSE...
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News U can Use :
. RIL would invest USD 215 mn and create over 200 new jobs at a newly acquired polyester plant in the US. (BS)

· Reliance Infrastructure is planning to invest Rs. 280 bn in the next three years to make acquisitions in India and abroad, including coal mines in Indonesia. (BS)

· BHEL bagged a contract worth USD 428 mn for setting up a 500 MW power project in the eastern state of Jharkhand. (ET)

· NTPC announced that the 500 MW unit of its Sipat thermal power project - stage-II has commenced operation. (BS)

· L&T crossed Rs. 10 bn of order booking for high-tech equipment & systems within 2 months of Q1, in 2008 - 09. (BS)

· Hindalco is planning to raise as much as Rs. 50 bn to retire loans taken to fund its acquisition of Novelis Inc. (Bloomberg)

· Era Infrastructure is planning to invest Rs. 16 bn in the next three years to setting up ready-mix concrete plants. (BS)

· Great off-shore bagged an order for its heavy lift vessel in a Mediterranean company for USD 15 mn per annum. (BS)
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Asian Indices @ 9.35 am
Hang Seng : 22,583.63 -161.97 (-0.71%)
Nikkei 225 : 13,811.23 -130.85 (-0.94%)
Straits Times : 2,974.49 -27.32 (-0.91%)

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US Dollar (USD) -Vs- INDIAN Rupee (INR)

1.00 US DOLLAR (USD) = 42.965 INDIAN RUPEE (INR)

Crude Oil( $ / BBL ) 135.84

Singapore Nifty 9.25am

SGX CNX Nifty 4,284.0 -64.0
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Astrology View For 2Day :
. Now you must be aware of the reason why Ganesha had warned you to not be involved in BTST in the previous week.Till 12:05 Nifty may remain slightly below the surface.

. From 12:05 to 12:45, due to the conjunction of Moon and Rahu, Ganesha advises you to trade as per your personalised horoscope. Because, the atmosphere may confuse you.

. From 12:45 to 13:15, one can see the baleful effect of conjunction of Saturn and Mars. Ganesha warns, especially the Leos, to be cautious.

. From 13:15 to 15:05, Nifty may rise due to buying pressure.

. From 15:05 to 15:30, selling may increase. Ganesha doesn't foresee bullish periods in the coming days.
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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