Nifty View for the week 23-27Februray

Last week our Interim budget predictions and market view turned out to be 100% accurate once again. As told after breaking 2860 level,nifty crashed from there. The major reason for the downfall of market was disappointment from the interim budget and overall negative global cues.US markets fell sharply & Dow broke its important support of 7500 and closed around 6 years low.
Our commodity call of gold blasting day by day,we clearly told you all at 13456 level,that watch one side moe on gold,and see the result now, gold 16500 almost. Calculate the amount of profit in few days. We always say follow the best,leave the rest. All other analysts were bearish on gold at 13500 levels,only we were bullish on gold and gave targets of 15500-16400 on gold, and now you all can see who was right. Those who shorted got trapped badly in gold. Our other calls of Crude & silver also rockedddd the market and minted huge money for our PREMIUM MEMBERS.

In the current market there is a fight between the bulls n bears. For bulls last hope is support level of 2665 and for bears last hope is resistance levels of 2880. Crossover on either side will decide the winner. Market may remain weak in the near term as sentiment remains dicy on concerns of a slowing domestic economy and weak global markets.

This is last week of F&O, and thus we may see heavy volatility for next few trading sessions with stock specific movement. Inflation is now at one years low & for bulls some favorable news may come in form of RBI's CRR & REPO rate cut and Govt's special package to reality and export industry, however bad global sentiments & slowing growth rates good news can be discounted.

For this week Nifty will face major support at 2665 and major resitance at 2880. However intermediate resistances on nifty will also plat vital role in deciding the trend,these levels are 2780-2830. Nifty range for this wek will be 2660-2880,breakout on eitherside can lead to sharp movement. On upside 2820-2880 can act as trend reversal levels for nifty. So stay cautious and trade with high appropriate hedging.

Nifty levels-

Resistance-2770-2798-2830-2865-2880

Support-2700-2665-2635-2580-2510

Stocks for the week-

Ultratech cement

Voltamp Transformer

Rajesh Export

Mercator lines

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Nifty View for the week 16-20February

Markets remained firm during the previous week on the support of mixed global cues and as expected Nifty gave decent pullback after failing to close below 2690 level. Now for pullback to continue Nifty needs to close above 2990 for 2-3consecutive days. Investors picked up blue-chip stocks from auto, capital goods, realty and banking sectors amid expectations of a further cut in bank rates and a strong stimulus through the forthcoming interim Budget .The Sensex ended the week at 9634 with an impressive gain of 333 points, while the Nifty(spot) closed at 2948, up 105.25 points.

Media reports that the finance ministry is contemplating on a proposal to remove the Securities Transaction Tax (STT) and the easing of some of the foreign direct investment (FDI) norms by the Centre eased supported the ascent. Buying by foreign funds also aided the surge. Fertilizer stocks managed a sharp upmove during the week after the government approved their plants using natural gas instead of fuel oil and naphtha thus enabling the companies to operate at a higher capacity. Fertilizers and Agriculture sector can see some upside due to budget.

Interim general budget for 2009-2010 which the government will unveil during trading hours today will set the tone for the week. Cues from the global markets too will be crucial for the domestic markets.
However there is a fear that any disappointment from the interim general budget may lead to sell-off as the market has made good recovery during the past week on expectations that the Government would offer tax relaxations and sector-specific stimulus package to uptrend economic growth.
And therefore we recommend you all to trade high cautious and not to leverage positions at higher levels,without getting the proper signal and budget annoucements.
This week Nifty fut will face resistance at levels of 2990-3030,these levels must be watched carefully, If Nifty sustains above these levels then we can see nifty touching 3045-3080-3130 levels. However failing to cross these levels and breaking the major support levels of 2915-2860,can lead negative sentiments in market and we can see Nifty touching 2770-2665-2540 levels. All long/short trades must be hedged with appropriate OPTIONS(put/call) in order to minimise loses and maximising gains. Nifty range for this week will be 2860-3030. Breakout on either side can lead to sharp movemnt on nifty.

Nifty levels-
Resistance- 2965-2990-3028-3080-3130
Support- 2915-2885-2860-2810-2770

With Interim Budget to be announced, Sectors & Stocks to watch out for -

Sectors:

Fertilizer
Sugar
Pharma.
IT.
FMCG.

Stocks:

Chambal Fertilizer
Nagarjuna Fertilizer
Shree Renuka Sugar
Uttam Sugars.
Satyam
Unitech
Larsen & Tubro
IFCI
Titagarh Wagons Ltd
GlenmarkPharma

Stocks for the week-

Reliance communication
Indraprastha Gas
M&M
Dredging corporation

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Reliance Industries Gas production

Reliance Industries will start gas production from Krishna basin (KG-DG field) from March second week onwards. Company will sell gas in the open market from April 1st week onwards. Andhra Pradesh based fertiliser and power companies are initially expected to benefit from Reliance gas. The gas will be sold at the government-approved rate of $4.2 per mmbtu. Reliance is expected to produce 18 million standard cubic metres per day (MMSCMD) of gas from the KG-D6 block.
The government gave gas-based urea manufacturing plants the top most priority in allocating the initial 40 million standard cubic meters per day output expected from Reliance's KG-D6 fields. NFCL and GVK power along with Lanco Power (subsidiary of Lanco infra) are the biggest beneficiaries in the initial stage of gas distribution.

Who will benefit from Reliance Gas?

1. Fertiliser companies: Nagarjuna Fertilisers, Tata Chemicals, Chambal Fertilisers, GSFC, Indo Gulf, IFFCO and RFCL are the biggest beneficiaries.

2. Power companies: GVK Power, Lanco Power and NTPC.

Reliance Industries (RIL) gas supply of around 18 mmscd gas from KG basin D6 block to gas-based power plants in the country, would increase power generation by 3,500 to 4,000 MW.

"We are expecting the power generation capacity in the country to be ramped up by 3,500 to 40,00 MW, once RIL KG basin gas starts flowing to existing as well as new gas-based power plants in the country," the apex power body Central Electricity Authority Chairman Rakesh Nath told reporters here.
He said, "Presently we are getting around 34-35 mmscd of gas for various gas-based power plants in the country against the requirement of 70 mmscd. With RIL gas supply the gas deficit for the power plants would come down from 35 mmscd to 17 mmscd."
About the power deficit in the country Nath said, "There is around 25,000 MW power deficit in the country. The total installed power generation capacity in the country is around 1,47,000 MW."


3. Transporters of Gas: Reliance, GAIL and Gujarat State Petronet.

Highlights of Railway Budget

• Passenger trains will have 22% more capacity.


• Two per cent cut in AC-Fares.


• 43 new trains to be introduced in FY-2010.


• Feasibility study for Delhi-Patna Bullet train going on.


• Rail passenger growth up 14%.


• 43 new trains to be introduced in FY-2010.


• Freight rate to remain unchanged.


• Railways to spend Rs 4000 crore on pensions.


• To invest Rs 2.3 cr in the next five years.


• Railways has invested Rs 38,000 crore in 2008-09.


• 6th Pay Commission implementation to hike expense by Rs 13,500cr.


• Railways cash reserves touch Rs 90,000 crore .


• 4 call centres set up for rail enquiry.


• Customers can now book tickets online.


• Profits registeres without hurting the common man.


• Railways managed 8 per cent growth in freight loading.


• Freight capacity up by 78%.


• Railways got loans at 4%.


• Mishap rate has dropped drastically.


• Lalu: Our Rail Budget has always been for the poor.


• This would be UPA's last railway budget during this term.


• The budgetary support to the railway plan will be about Rs 10,800 crore, representing a significant step up of 37 per cent compared with Rs 7,874 crore in 2008-09.


• Government officials said the minister was keen on gifting lower fares to the janata in an election year despite resistance within the ministry.


• Expectations are that Lalu Prasad's populist budget for 2009- 10 will include a substantial investment of Rs 12,000 crore for the ambitious East-West freight corridor.


• Lalu Prasad Yadav looks all set to keep his date with history when he rises to present the interim rail budget in Lok Sabha.

Intraday calls for 13February

Once again we provided you all the most accurate market view. You all must have watched Nifty reverting back from the levels of 2930, and going down. In the weekly view we clearly told you all that these are the resistance levels. Nifty Following our levels and making you all earn huge profits from the volatile markets.Be with us and mint money from any kind of market. We make people earn from any kind of market,so always follow the leaders. Leave the rest,be with the best.

For today trading stocks are-

• Dredging corporation


• Voltamp Transformer

Both stocks can give 5-8% movement.....but up or down???????

Delivery stock-

• VAS Infra tgt-8-10
  

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Market view for the week 9-13February

As told you all last week, Nifty break the lower range of 2775,and took support almost from 2730 level, and then rebounded back. We hope you all must be getting benefited with the highly accurate analysis provided to you all, by the Team EAIB Securities. All stocks suggested by us for weekly gains..... Voltamp Transformer,Oracle Financial, L&T, SBI, ABAN, gave massive gains in few days. All members minted huge money with the money minting calls.

We are witnessing that there is a fight going on between the bulls & the bears to take the charge,and result coming out is that both taking charge for some time ,but none able to take charge completely. This week we can see Nifty taking support at 2775 level, if this level is not breached then Nifty will face resistance at levels 2890-2930. These levels will be the major resistance levels for Nifty,any closing above 2930 level can lead nifty to 3010 level.However as recommended last week also, any upside above 2930 level must be taken as an opportunity for booking profits in long positions and not for buying at those levels.Nifty range for this week will be again 2775-2930,breakout on eitherside will lead to sharp movement.

Nifty levels
Resistance-2890-2930-2965-2998-3010
Support-2815-2775-2730-2685-2620

Stocks for the week-
ACC
Glenmark Pharma
HCL Tech
Hotel Leela

*Note- Keep booking profits in all stocks at every rise,and keep trailing stoploss while waiting for higher levels.

Members Interested in LONG TERM INVESTMENT PREMIUM SERVICE & COMMODITY SERVICE, join fast to mint money from the current opportunity. Dont miss this opportunity.
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Satyam's Raju gets special facilities in jail

Hyderabad: Satyam Computer Services Ltd's disgraced founder B Ramalinga Raju has been living the life of an ordinary inmate since his arrest on January 9.

Ramalinga Raju has been eating watery dal and rice and sharing toilets with other prisoners.

But now Nampally Criminal Court in Hyderabad has granted him special status allowing him access to facilities that go beyond basic necessities.
So after spending almost a month in Hyderabad's Chanchalguda Jail, Ramalinga Raju finally has something to feel relieved about.
He will now not have to share prison space with petty thieves and ordinary prisoners.

Raju will now be entitled to an individual cell and can also have access to fruits, biscuits and other food items brought by his family.
Raju will also be allowed to read newspapers and books of his choice. His individual cell will be furnished with a cot, mattress, a table, a chair and also have a separate bathroom.
Though Andhra Pradesh Prison Rule does allow allotment of special status to any accused from a respectable educational background and of a certain economic status, the jail superintendent confirmed that it was the first time in 20 years that the status has been awarded to an undertrail.
The prosecution had argued aggressively against conferring Raju with a special status saying that someone who managed a fraud of such a high magnitude cannot be treated as special.
But for now, even as Raju's bail seems far fetched, he may find solace in the court's decision to make his living a little more comfortable in the jail.

Multibagger stocks for Long term investors

It is always risky to invest in small and mid caps in bear market where even good large caps suffer huge losses irrespective of fundamentals. But these stocks are in good sectors and may give surprise returns over long term. Short term investors need not invest money in these stocks.


1.Zicom Electronic Security Systems
Company offers Electronic surveillance systems for small, medium and large establishments and government projects. Zicom is a largest electronic security systems provider in the country, with offices in over 30 cities and towns. Zicom has bright future in the wake of current social scenario. Organizations rethinking on security measures after 26/11. It offers customized security solutions against burglary, fire and unauthorized access. It also offers surveillance solutions such as CCTV, remote video and electronic articles. Integrated management solutions for buildings, car parks and smart cards are other services offered.
The company recently opened its own exclusive outlet in Mumbai and plans to open similar outlets elsewhere. Customers come from public, business and domestic sectors. Its share of the current securities market in India is estimated at 25%. The company received support from venture capital company TDICI and from UTI, IDBI and ICICI. The company plans to open 15 more stores in and around Thane and 100 across the country by the year end. Apart from this, over 600 outlets will be opened across the country in the next 3 years.
BSE Code: 531404
CMP: 69.9
Book value: 77
Buy range: 50-80
1 year high-low: 182-40

2.Value Industries
Value industries (Formerly Videocon Appliances) is a consumer electronics and home appliances company. It is part of the USD 2.5 billion Videocon group operating in the key areas of consumer electronics, home appliances and compressor manufacturing in India, display industry and its components, color picture tube glass, internet, petroleum and power.
The product range includes tower, window, and split ACs; frost-free and direct cool refrigerators; automatic and semi-automatic washing machines, and the X-Lent range of products. The manufacturing plant is located in Aurangabad, Maharashtra. Formerly known as Matsushita Washing Machine India, Ranjangaon Industries has been amalgamated with the company.
With the Thomson acquisition Videocon has emerged as one of the largest Colour Picture tube manufacturers in the world operating in Mexico, Italy, Poland and China, continuing to lead through new innovative technologies like slim CPT, extra slim CPT and High Definition 16:9 format CPT.Videocon is one of the largest CPT Glass manufacturers in the world with a high level of experience and technical expertise operating through Poland and India. Videocon will leverage on this synergy after the Thomson acquisition to internally source glass for its CPT manufacturing increasing efficiencies and lowering costs.An important asset for the group is its Ravva oil field with one of the lowest operating costs in the world producing 50,000 barrels of oil per day.
The group has ambitious plans for expansion in this sector globally.
BSE Code: 500945
CMP: 9.3
Book value: 115
Buy range: 5-10
1 year high-low: 37-7.8

3.Arshiya International
It is an Indian headquartered multinational company and leading entity in providing knowledge driven solutions to its global customers specifically focused on the areas of innovative technology, business process outsourcing, supply chain, demand chain and financial flow management services.
Arshiya's key business entities include: Cyberlog Technologies (which provides global I.T systems, software development and business process outsourcing services), BDP India and Gulf (which provides shipping and global logistics services to its customers), Genco India focusing exclusively on India's expanding retail market for their entire supply/demand chain management.
BSE Code: 506074
CMP: 69.8
Book value: 78.
Buy range: 50-70
1 year high-low: 314/57

4.Taneja Aerospace and Aviation
It is a Pune based Indian Seamless Group Company headquartered at Bangalore. It is primarily engaged in manufacturing and selling of products and services connected with aviation. The company’s main business divisions include general aviation, aero structures and consultancy. General aviation includes sale of P68C and Cessna aircrafts, charter operations and fractional ownership programs. Aerostructures include manufacture of metal and composite type components for aircraft (parts and assemblies).
TAAL`s consultancy division offers professional advice and assistance on areas such as aircraft selection, study and analysis of flying requirements and aircraft operations and maintenance. The company has upgraded its facilities to accept an Airbus A320 or Boeing 737 class of aircraft for maintenance and repair activities.
TAAL is also augmenting its facilities in terms of capabilities, technology, systems and processes to cater to the high demand for Aerostructures products from domestic and global markets while TAAL continues to manufacture Light Transport and Trainer Aircraft, the company has since diversified its activities and has established a significant presence in many segments of the aviation and aeronautical industries in India.
BSE Code: 522229
CMP: 22.7
Book value: 34.5
Buy range: 15-20
1 year high-low: 190/18

5.Bartronics India
It offers automatic identification and data capture (AIDC) technologies, radio-frequency identification (RFID), smart cards and point of sale (POS) solutions. The company offers labelling technology to the AIDC industry with conventional barcode labels and RFID smart labels. Smart cards provide access control. It provides electronic article surveillance (EAS) systems to identify items through a gated area. The POS system finds application in retail outlets like super markets and others.
Products include AIDC master control units, Print X, SY-400A, RFID wireless tags; handheld terminals like 700 series colour mobile computer; printers like Easy Coder 4440; and scanners like Magellan Vertical Scanner. It has a new state-of-the-art smart card manufacturing facility in Hyderabad. The company provides solutions in security (access control systems, retail security systems, etc); education (campus management systems, applicant tracking systems, etc); industrial (vehicle tracking systems, warehouse management, etc); HR solutions (HR management systems and attendance system); healthcare and hospital management; hotel management solutions; finance solutions (asset management and record tracking).
BSE Code: 532694
CMP: 67.8
Book value: 85
Buy range: 50-70
1 year high-low: 252/55

6.Tube Investments of India:
It is the flagship Company of Rs. 8500 crore Murugappa Group. Company started its new electric scooter plant costs around Rs.200 million. The initial capacity of the new plant will be 100 scooters a day. The battery-powered two-wheelers would be launched under the company's popular bicycle brand, BSA. The company will appoint around 70 dealers in the Tier I and II cities in the southern region. Initially the company will launch three low speed models, which will be priced around Rs.25,000 and two high-speed models at a market price of around Rs.36,000. The company is now importing batteries and motors from China and Taiwan. But the firm had initiated talks with domestic battery makers for developing the products locally. (The battery sector also has a good future).The Company’s product segments are - Engineering, Metal Formed Products and Cycles, Precision tubes , Roll formed car doorframes,(57% market share as well as Tata Nano order ), Automotive chain with 35 percent market share with two wheeler majors. TI is a leading player in bicycle segment with 30 percent market share.
BSE Code: 504973
CMP: 29.4
Book value: 39
Buy range: 20-30
1 year High-low: 70-21

7.Sharon Bio-Medicine
Mumbai-based Sharon Bio-Medicine manufactures chemical intermediates, bulk actives and pharmaceutical formulations. The Company also provides services in the field of contract research and manufacturing, technology transfers and project consultancy services The manufacturing plant of the company is located at Taloja, Raigad, Maharashtra.
The company has three active pharmaceutical intermediates manufacturing units and two formulation units. Some of the products include Trimetazidine Di Hydrochloride Ketoconzole and Pantaprazole.In 2007, the Group acquired Stonewood Cem-Fab Pvt. Ltd. Sharon Bio Medicine inked two confidential agreements, one with UK-based company and another with German company in respect of research and development, supply, manufacturing and/or distribution of active pharmaceutical ingredients and / or pharmaceutical products in future. The company is planning to set up manufacturing units in Uttaranchal and Maharashtra.
BSE code: 532908
CMP: 28.2
Book value: 76
Buy range: 30-40
1 year high-low: 242/26

8.Moser Baer India
Moser Baer is the world's second largest manufacturer of Optical Storage media like CDs and DVDs. The company also emerged to the market with the next-generation of storage formats like Blue-ray Discs and HD DVD. Recently, the company is diversifying into areas of Solar Energy, Home Entertainment and IT Peripherals & Consumer Electronics.
MBPV (Moser Baer Photo Voltaic) aims to distinguish itself as a significant player in the global photovoltaic market by leveraging its high-volume manufacturing expertise and planned investments of nearly US$ 3.2 billion in research, development and manufacturing of products dedicated to generating solar power. A first of its kind 80 MW, state-of-the-art, fully automated in-line crystalline silicon cell manufacturing facility - 40 MW is already in production - this will be scaled up to 240 MW. A 40 MW module manufacturing facility with expansion plans to scale it up to 200 MW.
A high concentrator photovoltaic (CPV) module manufacturing facility and multi-million dollar investments in a US-based company - Solfocus, the developer of the CPV technology in partnership with the world renowned Palo Alto Research Center (PARC), California. The technology is based on gallium arsenide cells, originally developed for harsh extra-terrestrial solar applications and environments.France Telecom-owned Orange Business Services has finalized a joint venture partnership with Indian storage devices manufacturer Moser Baer to foray into the long distance telephony segment. It Acquired a 40% equity stake in Solarvaiue, Proizvodnja d.d, a solar grade silicon production facility in Slovenia, to provide access and assurance of supply to low-cost solar grade silicon.
BSE Code: 517140
CMP: 58.8
Book value: 117
Buy range: 50-70
1 year high-low: 209/50

9.Electrotherm India
Ahmedabad based company which manufactures and distributes melting/holding furnaces. It caters to Ferrous and Non-Ferrous foundries and metal melting industry by manufacturing Medium Frequency Induction Melting Furnaces, Metal Refining converter, Induction Ladle Refining Furnace, Induction Heating/Hardening Equipments, Submerged Arc Furnace and allied products.
ELECTHERB has ISO9001:2000 certified plant. The company has 3 divisions, Metallurgical Equipment Division, Steel Division and Auto Division (Indus Elec-Trans, manufacturing electric two wheelers). Electrotherm (India) signed a memorandum of understanding (MoU) with Canadian firm, Electrovaya. This MoU is for the purpose of forming a joint venture (JV) for manufacturing lithium ion polymer batteries. This joint venture will set up an advanced lithium super polymer battery plant with a capacity of up to 10 mw hours a month. The batteries will be sold in the zero-emission electric vehicle market in India and abroad. Electrotherm India launched the high-speed version of e-bikes, 'YO-Speed' in Ahmedabad. The "no petrol scooter" with 33AH battery and a 750 watts motor has the power to seat two.Indus Elec-trans, a division of Electrotherm (ET), is formed to manufacture electric vehicles and hybrid electric vehicles. Currently INDUS has commenced manufacture of hi-tech electric two wheelers, YObykes at the plant at Kutch in Gujarat. Development of Electric three wheelers, four wheelers and hybrid electric low floor buses are on anvil for future.
BSE Code: 526608
CMP: 88.1
Book value: 322
Buy range: 60-80
1 year high-low: 501/76

10.Compact Disc India Ltd (CDIL)
It was incorporated in 1992 as a public limited company . The Company's is engaged in production, distribution and financing films and television serials including animation. The Companies product range covers all the segments of entertainment which includes big screen, small screen and personal screen. It has gained extensive expertise in creation, distribution and management of contents for media and entertainment sector not only in India but in Malaysia and Singapore.
The company has entered into an exclusive animation outsourcing contract with iMedia Ventures Ltd, a part of world's largest media house and a pioneer in digital entertainment. This group has presence in 28 countries with an annual turnover of USD$200 million. CDIL`s assembly unit was established at Navi Mumbai in collaboration with Hyundai Corp, Korea, to manufacture CD video players.
The company also set up a new modern multimedia studio at Gurgaon. It provides solutions to the film industry, education, presentation and training Financials required.CDIL has been exploring the possibility of setting-up a State-of-the-Art Multimedia Knowledge Park in Northern region. The company will also be setting-up state-of-the-art facility for the development and creation of 2D / 3D animation, multimedia and special effects contents for films, television serials, corporate presentations, gaming, mobiles, etc. The studio will feature latest animation production equipments such as workstations from renowned manufacturers.
It is also proposed to set up a state-of-the-art high-end Multimedia College to provide 3 years Bachelors Degree courses in media arts and animation as well as visual and game programming. The college will also offer 2 years Masters Degree courses in the same fields.
BSE Code: 526141
CMP: 35.75
Book value: 40
Buy range: 25-35
1 year high-low: 104/25

New IPO: Edserv Softsystems Limited

Issue Period: 5Feb-9Feb
Price Range: Rs.55 to Rs.60
Minimum Market Lot: 100 equity shares
Issue Size: Approximately Rs.24 crore
Grey Market Premium (in percentage terms): 12-18%
Chances of winning Allotment: Strong
Sector: IT sector (education related)
Sector Overview: (Online Education)

Recommendation: Avoid
High risk investors can take part in the issue subscription to play for short-term listing gains. There is no assurance on the prospects of listing gains which also seems uncertain and a bit risky, looking at the current market conditions. So, low to medium risk investors should stay away from this offering.

Reasons for avoiding the IPO
Edserv stands to be a very small player in the online education space as compared to its competitors like Educomp, Everonn, etc.
Some sharp uncertainties can be spotted out in the past results of the company, especially during the period of last 4 years. The company’s net profit jumped from Rs.1.31 lacs in the year ended March 2007 to Rs.264.28 lacs for the year ended March 2008...stunning!!!!
The company has witnessed a rise in sales during the six months period of April to September 2008 at Rs.434.34 lacs in comparison to Rs.395.33 lacs for the year ended March 2008. But, even on reporting of sales figures for the above period, the net profit figures for the period has, declined from Rs.303.64 lacs to Rs.220.97 lacs. Investors would like to have clarity on the reasons of such uncertain and sharp deviation from steady trend in results.Though, prospects of the sector that the company operates in seems bright and booming, we recommend investors to avoid this IPO for long-term investment purpose, unless there is certainty and stability in the company’s reporting of its accounting numbers.
If the uncertainties, as reported above, continue going in the future, the stock price may become very volatile and sharply fluctuating.

Nifty view for the week 2-6February

Last week we told you all that 2620 is good support for nifty and abv 2675 nifty can inch higher massively due to short covering and the same happened,Nifty took support at 2620 levels and after crossing 2675 inched upside to touch a high of 2878. A gain og almost 200points abv our resistance level,We hope you all must have njoyd our Highly accurate market analysis. When all other analysts were saying that nifty will touch 2500 levels,we tld you all that massive short covering will take place,with nifty going upside,and exactly the same happened. Nifty following our analysis and making you all earn handsome profits.Our weekly stocks Akruti,Neyveli lig,Cipla etc gave massive gains to you all.

As we told you all last week that Gold loking very bullish,and also gave buy call at 13560 levels, see the result, gold making new highs now and trading at 14500 levels now. Those who followed us are siting on mountains of money. Crude also following the uptrend and making you all mint money. We minted lakhs of profits in last few days in commodity trading.
Join our COMMODITY PREMIUM SERVICE for getting money minting calls of Commodity market.

February is the uncertain but crucial month for global economy. Results season ended on positive note despite bad results as investors prepared for worst in Q3. In the coming days there are many bailout packages are waiting to be declared.Economists have divided opinions on the outcome of the bailout packages. Irrespective of outcome, the bailout packages may help to improve sentiment in the stock markets. If they fail to yield desired results, there will be huge negative implications.Indian Government has little time to announce stimulus package due to election code from March. UPA Government will announce “popular interim budget” in February from which stock markets may gain nothing if not lose. RBI may announce rate cuts in late February or in early March.US President Barack Obama has prepared ground for massive stimulus package and he is already taking stern measures against careless managements. China and Canada will soon announce big bailout packages.

In short term ,the investors are advised not to infuse fresh money in market. At every rise from here the investors can book profits in the existing portfolio. As we can see ambiguous moves in coming days as much shorts rollover has also taken place,so to be on safe side on must keep booking profits on whenever -whatever basis.
In this week nifty is having good support at 2775 level,if this level is breached and sustained then we can see nifty going to he levels of 2730-2685-2620 again,however below 2620 levels real panic selling pressure will be seen in market. To the contrary on upside there is resistance at 2930 level, if this level is crossed and sustained then we can see nifty rally upto 3010 level. But one should be careful at every rise abv2930 level,as we may see profit booking any time abv this level. So,profit booking is adviced at higher levels. Fresh long positions must not be made at these highs. Nifty range for this week will be 2775-2930, breakout on either side will lead to sharp movemnt on nifty.

Nifty levels
Resistance- 2880-2930-2965-2998-3010
Support-2842-2775-2730-2685-2620

Stocks for the week-
Voltamp Transformer
Oracle Financial
L&T
SBI
ABAN

*Note- Keep booking profits in all stocks at every rise,and keep trailing stoploss while waiting for higher levels.

To get the full benefit of February series calls,join us fast. February series calls already started . Dont miss the opportunity to mint unlimited money.
====================================

To know the exact entry-exit levels for trading in stocks/Nifty future, Join our PREMIUM SERVICE, and start minting money from share market.
Contact at- 09935466303