" 26th 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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Weekly Technical Analysis - 23/06/2008 :-: Updated
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SenSex And Nifty

SenSex may open @ 14,275

NIFTY JUNE : Up move above 4278 may take the index to 4312,4347,4390 and 4416.
Stop loss for long position should be 4226. Support; 4215, 4196, 4173,4130,4089 and 4026.

NIFTY JULY: STOP LOSS for long position should be 4185. TL 4231, 4251,4278 4314 and 4358. Support: 4185, 4156, 4123, 4089, 4056 and 4023.
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Market Morning View :-:
US mkts were +Ve and asian mkts are +Ve , bias for our mkt remains +Ve. Fed has kept the benchmark rate unchanged at 2%. however the fed has warned regarding inflation.
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Stocks with + ve bias :
BHEL, HDFC Bank & RPL

Stocks with -ve bias :
Telco

Stocks for Investment :
Ril, Ranbaxy,Aban
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News U can Use :
. The government has directed Reliance Industries (RIL) to sell gas from the D6 Krishna Godavari basin in accordance with the marketing priorities determined by the government.

. Lodha group (real estate player) has awarded long term contract to Wipro, valued at Rs 132 cr.

. Data in US today Weekly Jobless claim to be announce exp at 380k. Q1 GDP exp at 1% May Home Sales exp at 4.88 m units

. Cairn India, the Indian arm of British oil and gas company Cairn Energy, will invest Rs 8,400 crore to develop oil fields and build a pipeline over the next 18 months.
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US Indices
DOW : 11,811.83 +4.40 (+0.04%)
NASDAQ : 2,401.26 +32.98 (+1.39%)
S&P 500 : 1,321.97 +7.68 (+0.58%)

Asian Indices @ 9.30 am
Hang Seng : 22,781.10 +145.94 (+0.64%)
Nikkei 225 : 13,889.35 +59.43 (+0.43%)
Straits Times : 3,011.81 +25.19 (+0.84%)

European Indices
CAC 40 : 4,536.29 +62.53 (+1.40%)
DAX : 6,617.84 +81.78 (+1.25%)
FTSE 100 : 5,666.10 +31.40 (+0.56%)
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A look at the Indian ADRs

[ Name Last / Last Trade / Change / % ]

Infosys Technologies Ltd. 44.32 0.40 (0.91%)
HDFC Bank Ltd. 77.00 1.19 (1.57%)
ICICI Bank Ltd. 32.67 0.82 (2.57%)
Mahanagar Telephone Nigam Ltd. 4.50 0.10 (2.27%)
PATNI COMPUTER SYS 11.25 0.05 (0.45%)
REDIFF.COM INDIA ADS 6.75 0.16 (2.43%)
Satyam Computer Services Ltd. 25.95 0.28 (1.09%)
Sify Ltd. 3.88 0.11 (2.92%)
Tata Motors Ltd. 11.27 0.28 (2.55%)
Wipro Ltd. 12.65 0.28 (2.26%)

(Indian ADRs: Indian companies listed on the New York Stock Exchange
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US Dollar (USD) -Vs- INDIAN Rupee (INR)

1.00 US DOLLAR (USD) = 42.685 INDIAN RUPEE (INR)

Crude Oil( $ / BBL ) 134.30

Singapore Nifty 9.25am

SGX CNX Nifty 4,262.0 +17.5
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Astrology View For 2Day :

. From the beginning till 11:45 the atmosphere may be dull like the one in a test match.

. From 11:45 to 12:30, with the grace of Ganesha market may assume an upward trend.

. From 12:30 to 13:00, don't be hasty and have patience as the phase is very crucial.

. From 13:00 to 15:00, trade according to your personalized forecast.

. From 15:00 to 15:30, market may be too slow and the phase may seem uninteresting.

Source from Astrologer :

Millionaires don’t use Astrology, Billionaires do” – J. P. Morgan.
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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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