Union Budget-2010 Highlights

Budgets in India are much more than the statement of accounts for the world's largest democracy. As the finance minister, seasoned politician Pranab Mukherjee, said: "It has to reflect the government's vision and signal the policies to come in future."
In this budget Mr Mukherjee has sought to roll back some of the fiscal stimulus measures introduced from late 2008 in the wake of the global economic crisis.

Highlights of Union Budget are as mentioned below:
■To waive excise duty on solar panels
■Petrol prices to go up
■Fresh services to be brought under service tax
■Service tax to GDP ratio 1%
■Service tax to result in net revenue gain of Rs 3000 cr
■Customs duty on silver at Rs 1500/kg
■Custom duty on gold to be reduced
■Mobile phones to be cheaper
■No capital gains tax on conversion of a business entity into Limited Liability Partnership
■To encourage manufacture of accessories such as battery chargers and hands-free sets, the concessions will be extended the mobile phone sector
■5% customs duty on crude petroleum back
■Peak customs duty unchanged at 10%
■FM raises central excise duty on all non-petroleum products from 8 to 10 per cent
■Revenue loss of Rs 26,000 crore on direct tax proposals
■Stimulus-led excise duty rollback partially reversed
■FM allows housing projects to complete projects in 5 years instead of 4 years to avail tax break
■One-time interim relief to housing and real estate sector
■Businesses up to Rs 60 lakh and professionals up to Rs 15 lakh to be exempted from auditing obligations of their accounts
■Uproar in Parliament over petrol price rise
■To levy excise duty of Re 1/litre on petrol
■New tax rates would offer relief to 60 per cent of tax-payers
■CET on petroproducts hiked by Re 1
■Uniform Direct tax receipts to fall by Rs 56,000 cr
■Standard excise rate up from 8 to 10%
■Large cars, SUVs excise up to 22% from 20%
■Sops for real estate, housing projects extended by a year
■Partial roll back the rate reduction in central excise
■Direct tax scheme to result in revenue loss of Rs 26,000 cr
■Compliance burden reduced on professionals and entrepreneurs
■Corporate tax surcharge down from 10 to 7.5%
■New income tax slabs will bring relief to the middle class
■Rs 20,000 additional tax break for infra bonds
■Minimum Alternate Tax hiked to 18%
■R&D allocation increased 200%
■To unveil new Saral 2 form for salaried individuals in two pages
■Deduction of additional 10% for investment on infrastructure bonds
■Tax slabs: Broadening 1.6 lakh - Nil above 1.6 lakh-up to 5 lakh 10%
■5-8 lakh- 20% above 8 lakh- 30%
■Tax paying interface to be de-cluttered
■States to be offered assistance to computerise commercial taxes
■Greater transparency in tax administration targeted
■Centralized Tax Centre at Bengaluru fully functional
■Fiscal deficit at 5.5% for FY'11
■Rolling target for fiscal deficit 4.2%
■Gross tax receipts at Rs 7.46 lakh cr
■New symbol for Indian Rupee
■Tech advisor group under Nandan Nilekani
■Allocation for development of micro and small scale sector raised from Rs 1,794 cr to Rs 2,400 cr
■Rs 2,600 cr for Minority Affairs Ministry
■To create 50 cr skilled workers by 2022
■Rs 1,900 cr to UID authority allocated
■First set of UID to be issued by this year
■Rs 19,484 cr allocated for road development, to build 20 km of highway every day
■Subsidy for affordable housing extended
■Skill development programme for textile and garment sector
■Pvt sector to meet deficit in grain storage
■50% increase in women & child development allocation
■Development of rural infra remains high priority area
■Power sector allocation doubled to Rs 5130 cr
■Rs 400 cr corpus for micro-finance scheme
■National pension scheme allocation increased
■States to get Rs 3,675 crore for primary education at rural level
■Rs 400 cr corpus for micro-finance scheme
■NREGA allocation to Rs 40,100 crore
■National Social Security fund to be set up for unorganized sector
■Urban Development allocation to be raised by 75 per cent
■20,000 mw of solar power by 2022
■Rural development allocation to Rs 61,000 cr
■Indira Awaas Yojana allocation raised in proportion to plain and hill area housing
■Development of rural infra remains high priority area
■Social sector spending at Rs 1.38 lakh cr for FY11
■Rs 500 cr for Clean Ganga Mission
■Rs 66, 100 cr for rural development in FY10-11
■Allocation for school education up from Rs 26, 800 crore to Rs 31, 036 cr
■Rs 22, 300 crore allocated for Health Ministry
■Coal regulatory authority proposed
■Rs 300 cr for Rashtriya Krishi Vikas Yojana
■Bank farm loan target: Rs 3.75 lakh crore
■Rs 200 cr To Tamil Nadu for textiles
■Need to take firm view on opening up of the retail sector
■National clean Energy Fund to be set up
■Rs 200 crore to Goa as a special golden jubilee package to restore beaches and increase green cover
■To provide 2% loan subsidy to farmers
■Extend loan payment by calamity hit farmers
■Rs 400cr for four-part strategy for agriculture
■2% interest subvention for exports extended
■Additional banking licenses for pvt players
■4 pronged strategy for agriculture
■Rs 16,500 cr capital support for PSU banks
■Will consider Parikh report on fuel pricing
■Goods and services tax to be introduced in 2011
■Fertiliser subsidy to be reduced
■GDP growth for FY'10 is seen at 7.2 pc
■Rs 25,000 cr disinvestment target this year
■India weathered economic crisis well
■Direct tax code to be implemented from April 1, 2011
■Gradual phasing out of economic stimulus
■Pvt investment can sustain 9 pc growth
■First challenge: Return to GDP growth
■Manufacturing growth highest in the past 2 years
■Indian economy is in a far better position today
■FM is expected to simplify tax laws in 2010
■Biggest challenge is to make the growth all inclusive
■Need to strengthen food security
■Pranab: Indian economy has stood through the test of time
■Economic growth slows down to 6 pc in Q3
■Finance Minister presents Budget 2010
■Pranab Mukherjee presents his 5th Union Budget
■Finance Minister Pranab Mukherjee reaches Parliament
■Inflation is forecast to reach 10 percent in coming weeks
■Government borrowing was forecast to rise by another 2.2 percent
■Economists forecast India may cut its fiscal deposit to 5.6% of GDP

Intraday market outlook for 26February

On 26February keep a watch on support of 4825 level, break below this level will take Nifty fut to 4805-4796-4770 levels sharply. However a good support exist at 4770 level on lower side and this level will act as a barrier for bear party. Any close below 4770 level will open doors for bears to take charge over the market and will make bulls out of the scenario.If Nifty fut is able to sustain above support levels of 4825-4770, then again expect a bounce back in market. Moving on the upside Nifty fut have resistance at 4884 level, crossover from this level will take nifty to 4910-4948-4972 levels. For further upside Nifty fut has to give closing above 4948 level. The max time markets are sustaining below 4884-4948 level, it will weaken the bulls and will encourage the bears to attack again and again. Till march expiry we can witness an unexpected unidirectional sharp move in markets, so stay hedged with all your long/short positions.

We recommend all traders to buy on dips and sell on rise till Nifty fut is moving in range 4770-4948. If you are not aware of levels and direction of markets, try to square off the trades as early as possible, and take home the profits rather than stucking your money in positional trades. Market movement will be highly volatile with stock specific movement. Keep an eye on following stocks - KFA, Ansal Infra, Kaveri Seeds, ICICI Bank, Indowind energy, Bharat Forge, Emmbi Polyarns, Torrent Pharma. These stocks can spurt in coming days. Only traders who have patience buy on dips and keep booking profits at every rise, impatient and lowrisk traders can stay away from markets as in coming days we ar going to see highly volatile moves. In few days budget is going to be announced, and so all traders must stay cautious in Steel, Cement, Auto sector stocks and must avoid taking positions in them.

Please dont ask for PAID TRIAL/FREE TRIAL, as already we are giving FREE OF COST TRIAL CALLS daily to all members here and also on SMS Group, and calls giving profits in thousands, but even then we get hundreds of requests daily for TRIAL .

Nifty Levels
Resistance - 4884-4910-4935-4948-4972
Support - 4825-4796-4770-4755-4730

==================================

Intraday Calls

• IFGL abv 46 tgt-47.5-49-51
• Sical Logistics abv 88 tgt-91-95-102+
• Jindal Cotex abv 82.5 tgt-84-85.6-86.5+
• Bata Ind abv 207 tgt-212-220-226+
• Also watch Essar Oil, La Opala ,Ushdev International, Jaybharat Textiles.

For all trades, keep trailing your stoploss once the stock is above the buying price. Always try to book profits at every rise and dont wait for exact targe levels. Dont take delivery of any intraday call. Avoid spike buying.

For LIVE MARKET stock calls, CLICK HERE.

====================================

For live market updates and stock calls, add our yahoo id- eaibsecurities@yahoo.com

To get more Cash+F&O calls for intraday+positional trades for March Series, join our PREMIUM SERVICES.

Only accuracy here!!!!

For any queries, Contact us at-
E-mail : eaib.securities@gmail.com
Mobile No.: 09935466303

Intraday market outlook for 25February

For 25February, our market view remains exactly the same as we have given yesterday. Nifty fut has resistance at 4884 level, if it is able to cross and sustain above this level then we can expect higher levels of 4910-4948-4972. However looking at the market sentiments it seems that at every rise there will be a profit booking till Nifty fut is not able to cross the crucial level of 4884. And so long positions must not be built up at higher levels. For a sustainable upside Nifty fut must sustain above 4948 levels, and if this happens then we will witness a massive short covering in markets which will lead to uprise. In today's trade we might witness some high volatility in markets due to the F&O expiry tomorrow. Moving on downside Nifty fut has support at 4825 level, breaching and sustaining below this level will indicate a weakness in markets and markets can tank down to 4796-4770-4755 levels. Overall scenario for markets will be buy on dips and sell on rise till nifty fut is trading in range 4770-4948. Crossover of this range on eitherside will show some sharp movement.

We recommend all traders to keep a watch on 4770-4796 level on downside, if this level is not breached and sustained, then we can expect a bounce back in markets till given resistances in later hours. So, one must not go short at lower levels unless 4770 is breached decisively.Any close below 4770 will be the first signs of bears coming back into the action. All trades must be followed by profit booking time to time and must be done with strict stoplosses. Due to F&O expiry the movement can be deceptive and traders can be trapped on both sides. Low risk traders must stay away.

Nifty Levels
Resistance - 4884-4910-4935-4948-4972
Support - 4825-4796-4770-4755-4730

==================================

Intraday Calls

Today all calls will be given during market hours. For intraday calls, visit our LIVE MARKET CALLS thread.

For all trades, keep trailing your stoploss once the stock is above the buying price. Dont take delivery of any intraday call. Avoid spike buying.

For LIVE MARKET updates and stock calls, CLICK HERE.

====================================

For live market updates and stock calls, add our yahoo id- eaibsecurities@yahoo.com

To get more Cash+F&O calls for intraday+positional trades, join our PREMIUM SERVICES.

Only accuracy here!!!!

For any queries, Contact us at-
E-mail : eaib.securities@gmail.com
Mobile No.: 09935466303

Railway Budget-2010 highlights

Railway Minister Mamata Banerjee just presented the Railway Budget for the next fiscal year, with promises that to encourage private investment along while keeping social commitment. She however made her stand clear against privatization.

Just some highlights from Mamata Banerjee's Railway Budget 2010:

•117 new trains of 122 to be flagged off by March 31st.
• Design, development and testing centre for railway wheels at Bangalore
•Focus on improved amenities for passengers
•Stations across cities to be upgraded.
•Subsidised drinking water to be made available as 6 new plants are coming into a partnership with railways.
•Toilets to be modernised at stations
•More ticketing centres to help the public including e-ticketing mobile vans at hospitals, universities.
•Acquisition of cutting edge safety technology
•A new 1000 km route is to be created
•Mamta is keen on a STF (task force) to clear investment proposals within 100 days. This is in keeping with her wanting to encourage private investment while staying away from privatization.
•Her new business for the railways includes investment from private sector, while keeping in mind social change but not open to privatization.
•Within five years, all unmanned level crossings to be manned
•Construction of more underpasses, besides road over bridges
•Working with state governments to protect railway property
•Demands for a Railway Protection Force for increased security for passengers especially women passengers. There will be an inclusion of ex-servicemen in the RPF
•Astroturf to be provided for development of hockey
•Employment opportunities for sports persons
•Railways to be lead partner for Commonwealth Games
•Dedicated freight & passenger corridors to be set up

Intraday market outlook for 24February

For 24 February, Nifty fut has resistance at 4884 level, if it is able to cross and sustain above this level then we can expect higher levels of 4910-4948-4972. However looking at the market sentiments it seems that at every rise there will be a profit booking till Nifty fut is not able to cross the crucial level of 4884. And so long positions must not be built up at higher levels. For a sustainable upside Nifty fut must sustain above 4948 levels, and if this happens then we will witness a massive short covering in markets which will lead to uprise. In today's trade we might witness some high volatility in markets due to the F&O expiry tomorrow. Moving on downside Nifty fut has support at 4825 level, breaching and sustaining below this level will indicate a weakness in markets and markets can tank down to 4796-4770-4755 levels. Overall scenario for markets will be buy on dips and sell on rise till nifty fut is trading in range 4770-4948. Crossover of this range on eitherside will show some sharp movement.

We recommend all traders to keep a watch on 4770-4796 level on downside, if this level is not breached and sustained, then we can expect a bounce back in markets till given resistances in later hours. So, one must not go short at lower levels unless 4770 is breached decisively.Any close below 4770 will be the first signs of bears coming back into the action. All trades must be followed by profit booking time to time and must be done with strict stoplosses. Due to F&O expiry the movement can be deceptive and traders can be trapped on both sides. Low risk traders must stay away.

Read our weekly market view, given on sunday 21Feb'10.

Nifty Levels

• Resistance - 4884-4910-4935-4948-4972
• Support - 4825-4796-4770-4755-4730

==================================

Intraday Calls

• TWL abv 406 tgt-413-420-434+
• Atul ltd abv 95 tgt-97-100-105+
• SRF abv 183 tgt-185-188-195
• Sell Reliance Ind bel973 tgt-965-958-953
• Also watch Indo Bonito, Monsanto Ind, Pochiraju Ind, Hindustan Copper.

For all trades, keep trailing your stoploss once the stock is above the buying price. Dont take delivery of any intraday call. Avoid spike buying.

For LIVE MARKET updates and stock calls, CLICK HERE.

====================================

For live market updates and stock calls, add our yahoo id- eaibsecurities@yahoo.com

To get more Cash+F&O calls for intraday+positional trades, join our PREMIUM SERVICES.

Only accuracy here!!!!

For any queries, Contact us at-
E-mail : eaib.securities@gmail.com
Mobile No.: 09935466303

Intraday Market outlook for 23February

On 23February, Nifty fut will face resistance at 4884 level, once the bulls manage to suatain above this level markets will rally till next resistance levels of 4898-4910-4935. In order to continue uptrend, Nifty fut have to cross n sustain above the level of 4935 in coming days, if this happens then we can see markets heading towards 4972-5048-5130+ levels. However, longer the nifty fut sustains below 4935, stronger will be the bears for attack. So, bulls have to make sure to maintain & start the uptrend soon, in order to retain strength. However, if beas are able to stop the bulls from marching ahead , then on lower side bulls hae support at 4825 level, once thislevel is breached we can see markets sliding down to a major support level of 4796-4770-4730. Any close below 4770 will be the first signs of bears coming back into the action. On intraday rise we recommend all members to go short instead of doing fresh buying, as 4898-4935 is a major resistance level for markets.

Nifty Levels

• Resistance - 4884-4898-4910-4935
• Support - 4840-4825-4796-4770

=================================

Intraday Calls

All intraday calls will be given during market hours today. Keep visiting our LIVE MARKET CALLS thread and FREE SMS GROUP.

For all trades, keep trailing your stoploss once the stock is above the buying price. Dont take delivery of any intraday call. Avoid spike buying.

For LIVE MARKET updates and stock calls, CLICK HERE.

====================================

For live market updates and stock calls, add our yahoo id- eaibsecurities@yahoo.com

To get more Cash+F&O calls for intraday+positional trades, join our PREMIUM SERVICES.

Only accuracy here!!!!

For any queries, Contact us at-
E-mail : eaib.securities@gmail.com
Mobile No.: 09935466303

Market outlook for the week 22-26February

For the week starting from 22February, Nity fut will face resistance at 4890-4935 levels, once Nifty fut crosses and sustains above this level, we can see bulls once again gearing up to move forward and take markets to higher levels of 4972-5048-5090. In this upmove one must once again be careful at higher levels, as if the range around 4935-5048 will be a resistane zone and will try to hault down the bulls. In order to move for a upside rally in coming days, bulls must have to retain the gains above 4935 levels. However if bulls fail to cross & susain above the resistance level of 4890-4935, we can see bears taking charge over the bulls and drag down the markets. On lower side Nifty fut have support at 4805 level, if this level is breached & sustained then bears will make all possible efforts to take markets to 4770-4730-4665 levels. If bears are able to close the markets consecutively below 4770 level, then everyone must get ready for some sharp downside action in the markets. The week will witness some action packed fight between bulls & bears to take the charge for complete upcoming month. Taking the broader view for markets for coming month the major triggering levels will be 4665-5145, breaching these levels on consecutive closing basis will change the market sentiments for a longer period.

We recommend all tradersto stay cautious in current market, as trading in this marke without any knowledge/ advice of market directions can be a lossing game all in all, so a good advice is the basic need for minting money from this market. In this week traders muct watch the range 4770-5048, breakout of this range will decide the further movement and will show some sharp movement. All traders must keep booking profits at every rise in markets, till the market is able to hold above the levels of 5048 and on lower side if the markets breaks & close below 4770 , one must get alerted for all long positions. Get ready for a sharp & deceptive moves in markets in coming days. A broader range for the markets will be 4665-5145.

Nifty Levels
Resistance - 4890-4935-4972-5048-5090
Support - 4805-4770-4730-4665-4545

=================================

Stocks for the week

• AML Steel
• Ashiana Ispat
• OCL Iron
• Pidilite Ind
• Jindal Steel & Power
• Educomp
• Swastika Investmart
• Sun Pharmaceutical

=================================

Intraday Calls

• Rungta Irrigation abv 41.2 tgt-41.8-42.5-44+
• Shree Global Tradefin abv 246 tgt-250-254-263+
• Usha martin abv 87 tgt-88.5-90.4-93+
• Ranbaxy abv 444 tgt-447-452-459+
• Also watch Dutron Polymers, STC, ABG Shipyard, Glaxo.

For all trades, keep trailing your stoploss once the stock is above the buying price. Dont take delivery of any intraday call. Avoid spike buying.

For LIVE MARKET updates and stock calls, CLICK HERE.

====================================

For live market updates and stock calls, add our yahoo id- eaibsecurities@yahoo.com

To get more Cash+F&O calls for intraday+positional trades, join our PREMIUM SERVICES.

Only accuracy here!!!!

For any queries, Contact us at-
E-mail : eaib.securities@gmail.com
Mobile No.: 09935466303

Intraday market outlook for 19February

On 19February, Nifty fut will face resistance at 4930 level, if it manages to sustain above this level then only we will see Nifty going higher upto the levels of 4955-4972-5048 levels. On higher sides Nifty fut must give a close above 4935 level in order to make the bulls active, failing to do so and breaching below 4840 level, market will be under the influence of bears. On lower side Nifty fut has support at 4865, If Nifty fut breaches this level and sustains below this then there will be a downside in markets till 4840-4815-4790 levels. Any close below 4815 will make the bears take full charge on markets and market can see sharp falls.
We recommend all traders to stay cautious in current markets and keep a watch on range 4840-4955 for further movement in markets. On higher side if Nifty fut is unable to cross 4955 levels, then book profits in longs positions there, and on downside one can keep buying till 4840 level is not breaked. Till Nifty fut is trading above 4840 level, bulls are having an upper hand in markets. Leveraging positions in current market without proper levels can lead to stucking of money, so trade with levels not sentiments.

Nifty Levels

• Resistance - 4930-4955-4972-5048
• Support - 4880-4865-4840-4815

=================================

Intraday Calls

• Nilkamal Ltd abv 258 tgt-262-270-284+
• Aditya Birla Nuvo abv 850 tgt-855-862-873
• Shiv Vani Oil abv 359 tgt-364-370-378
• Solar Industries abv 432 tgt-437-446-455
• Also watch Patni Computer, RCOM, VHL , Omaxe auto.

For all trades, keep trailing your stoploss once the stock is above the buying price. Dont take delivery of any intraday call. Avoid spike buying.

For LIVE MARKET updates and stock calls, CLICK HERE.

====================================

For live market updates and stock calls, add our yahoo id- eaibsecurities@yahoo.com

Only Accuracy Here!!!!

For any queries, Contact us at-
E-mail : eaib.securities@gmail.com
Mobile No.: 09935466303

Intraday market outlook for 18February

From last 1-2 trading sessions we have seen nifty trading in range and finding support at 4880. We can expect a downside movement only if nifty trades below 4880 otherwise bulls will be having an upper hand. On 18February, Nifty future will face resistance at 4910 level,managing to sustain above this level we will see it incing higher to the levels of 4930-4948-4972. Nifty fut giving a closing above 4930 today can lead to some more buying interest coming in the markets. If Nifty fut is able to cross 4948 level, then we can see some fireworks. However if Nifty is unable to cross the resistance level, than on lower side it has support at 4880 level, breaching below these support level Nifty fut can slide down to 4865-4840-4810 levels. Any close below 4848 level, can make bears happy again.

We recommend all traders to keep a watch on 4930 level on upside and 4840 level on downside for all their short/long positions. Till Nifty is trading above 4840 it will keep bouncing back from lows, so one must be cautious at lower levels around this support for fresh trades initiation. One must not jump and do the trades in excitement in current markets, as aggressive trading in current market can lead to unexpected profit/loss. Watchout the markets cautiously and trade with strict discipline. Nifty range for the day will be 4840-4930, breakout on eitherside will lead to the direction for further movement.

Nifty Levels
Resistance - 4910-4930-4948-4972
Support - 4880-4865-4840-4810

===================================

Intraday Calls

Today all intraday calls will be provided during market hours. Kindly check the LVE MARKET CALLS thread for getting fresh calls.

For all trades, keep trailing your stoploss once the stock is above the buying price. Dont take delivery of any intraday call. Avoid spike buying.

For LIVE MARKET updates and stock calls, CLICK HERE.

====================================

For live market updates and stock calls, add our yahoo id- eaibsecurities@yahoo.com

Only accuracy here!!!!

For any queries, Contact us at-
E-mail : eaib.securities@gmail.com
Mobile No.: 09935466303

Intraday market outlook for 17February

As we have told on 16February that 4848 is major resistance for Nifty fut and Nifty fut will fire to 4890 if this level is crossed, everyone watched that till 3pm Nifty made high of 4847.9 and was struggling hard to cross this magic level whole day long, and after 3pm when it crossed this level it firedddd to make a new high of 4893 within few minutes. Once again we proved our accuracy, and made everyone earn huge profits. All our FREE TRIAL calls provided on blog and SMS group made massive gains in intraday. Hope all of you must be minting money in truckload with our highly accurate market views and stock tips. Stay tuned with Team EAIB for more action.

On 17February, Nifty future will face resistance at 4935 level, if it manages to cross and sustain abve this level then we can see higher levels of 4972-4998-5048. Sustaining and closing above the resistance level of 4890, can once again make traders to jump and buy in panic, however the big bulls will try to keep booking profits at all higher levels in range 4935-5048. Contrary to the upside if Nifty fut reverts back from higher levels on account of profit booking, then on lower side it has support at 4845, breaching below this level Nifty can slide to 4820-4790-4770 levels. Any movement below 4770, will create panic selling situation which can make markets come down sharply.

Nifty fut above 4935 can touch 4972-5048-5145 levels, as few big bulls playing massively in current markets. They are long from levels of below 4700, so they are trying to steam up the markets to exit their long positions. We recommend all members to keep booking profits at every rise, as after inching higher any time sudden profit booking can come. If you ar not aware of right time and right direction. then surely use these upside to exit the long positions and not to create fresh positions. We are about to see a sharp movement in markets till March'10 and surely the direction & time of movement will be told to our PREMIUM MEMBERS. Leveraging positions without properly hedging that, can make your money stuck up in the markets. Traders must be stock specific, rather than going for the market move because market movement can be dicy & ambiguous. Small caps and few mid caps can perform well in coming days. Sentmental trading must be avoided, and traders must follow the levels to trade in the markets

Nifty Levels

• Resistance - 4935-4972-4998-5048
• Support - 4845-4820-4790-4770

================================

Intraday Calls

• Savita Oil abv 430 tgt-438-452-470+
• Onmobile abv 368 tgt-372-377-385+
• Shivam Auto abv 107 tgt-110-115-122+
• VB Desai Financial abv 27.5 tgt-28-29.2-31
• Also watch Varun Ind. ,Adani Ent. , Jain Irrigation, Vascon.

For all trades, keep trailing your stoploss once the stock is above the buying price. Dont take delivery of any intraday call. Avoid spike buying.

For LIVE MARKET updates and stock calls, CLICK HERE.

====================================

For live market updates and stock calls, add our yahoo id- eaibsecurities@yahoo.com

Only accuracy here!!!!

For any queries, Contact us at-
E-mail : eaib.securities@gmail.com
Mobile No.: 09935466303

Intraday market outlook for 16February

On 16February, Nifty fut will face resistance at 4830-4848 level, for any upmove Nifty has to cross and sustain above this level. From last few days you all must be watching that Nifty is unable to cross the level of 4848 on closing basis, and with each day passing the strength of market will be lost. So for any upmove markets must break the trading range of last few days i.e. it must cross and sustain above 4848. Once Nifty crosses 4848 level, then major resistance is at 4890 level, sustaining above this level, will make Nifty to touch higher levels of 4935-4972+ . On lower side Nifty has support at 4770, breaching this level, will make Nifty to slide down till 4755-4730-4665 levels. Nifty fut range for the day will be 4755-4848, decisive breakout on eitherside will lead to sharp movement.

We recommend all traders to trade with cautious, as F&O expiry is coming and markets will be highly volatile these days. All long/short positions must be hedged accordingly. In coming days if Nifty is unable to cross 4848-4890, then get ready for a downtrend with sharp movement. So,in current scenario its better to book profits in longs at every rise till Nifty is unable to cross and close above 4890. On lower side 4665 level will work as a sentimental level for bulls, breaking this can change market sentiments.

Dont miss to read our weekly market view,CLICK HERE!!

Nifty Levels
Resistance -4830-4848-4890-4935
Support -4770-4755-4730-4665

==================================

Intraday Calls

• Vascon Engineers abv 149 tgt-153-158-165+
• Sterlite Industries abv 745 tgt-751-759-770+
• Mirza International abv 16 tgt-16.3-16.65-17.1
• Jindal Steel & Power abv 636 tgt-640-645-654+
• Also watch Gujarat NRE Coke, Delton cable, STC , V B Desai financial.

For all trades, keep trailing your stoploss once the stock is above the buying price. Dont take delivery of any intraday call. Avoid spike buying.

For LIVE MARKET updates and stock calls, CLICK HERE.

====================================

For live market updates and stock calls, add our yahoo id- eaibsecurities@yahoo.com

To get more Cash+F&O calls for intraday+positional trades, join our PREMIUM SERVICES.

Only accuracy here!!!!

For any queries, Contact us at-
E-mail : eaib.securities@gmail.com
Mobile No.: 09935466303

Market Outlook for the week 15-19February

In our last week's market view we provided 100% accuracy and market behaved exactly as we told you all. On upside we said that 4830 is the magical level, and on downside we said that 4665 level can act as reversal level, and you all must have watched Nifty sliding down to 4667 levels and then rising sharply to make a high of 4842 level. When everyone was bearish we told everyone to buy nifty with stoploss of 4665, and all those who followed us minted massiv gains last week, all shorters trapped badly. Thats the accuracy we provide in our market view. Enjoy the matchless accuracy of Team EAIB. Thats why we say, dont be a bull, dont be a bear, trade with levels and always be a winner.

For the week starting from 15February, as we have been reiterating, the resistance at 4900 level can be a formidable hurdle in the near-term which concludes that Nifty could struggle to move past 4900level. Nifty fut will face major resistance at 4890 level, crossover from this level and sustaining above this, will open doors for higher levels of 4935-4972-5048. Any close above 5048, can make Nifty fut shoot upto the levels of 5090-5145, where the higher limit can be a temporary top for markets. Contrary to this upside move, if Nifty fut reverts back from above given resistance levels, then on lower side it has support at 4770 level, breaching below this and sustaining will make it slide down to the levels of 4725-4665-4545, any close below & slide below 4665 level will make the bears come into action again and once again we can see Nifty going till lower levels of 4545-4480. For this week keep eyes on the range 4665-4890, decisive breakout of this range will show sharp movement.

We recommend all traders to keep a watch on 4890-4935 level on upside and 4770 on lower side, As breakout of these ranges can lead to sharp movements in market. On higher levels dont go long, instead try to book long positions at every rise of market. As in current scenario for medium term, it looks like some unexpected sharp movement in markets is ready to come, so traders who are unaware of the directions and levels of market, are adviced to book profits and stay with cash. For all trades traders must keep a strict stoploss, as we are about to see a sharp movement in markets in coming days and surely the direction&time of movement will be told to our PREMIUM MEMBERS. So, leveraging positions without properly hedging that, can make your money stuck up in the markets.

Nifty Levels
Resistance - 4890-4935-4972-5048-5130
Support - 4770-4725-4665-4545-4480

==================================

Stocks For the week

• Selan Expo
• Hind Rectifier
• Videocon Ind
• Repro India
• Nutraplus Products
• MTNL
• Moldtek Plastics
• Marsons Ltd.

==================================

Intraday Calls for 15February

• Hindustan Oil Exploraion abv 272 tgt-275-279-285+
• VIP Ind abv 230 tgt-234.6-243-255+
• Mphasis abv 729 tgt-734-741.4-746
• Honda Siel Power abv 362 tgt-368-373-388
• Also watch Royal Orchid Hotel, Indian Hotel, Titagarh Wagon, V B Desai Financial.

For all trades, keep trailing your stoploss once the stock is above the buying price. Dont take delivery of any intraday call. Avoid spike buying.

For LIVE MARKET updates and stock calls, CLICK HERE.

====================================

For live market updates and stock calls, add our yahoo id- eaibsecurities@yahoo.com

To get more Cash+F&O calls for intraday+positional trades, join our PREMIUM SERVICES.

Only accuracy here!!!!

For any queries, Contact us at-
E-mail : eaib.securities@gmail.com
Mobile No.: 09935466303

Gafla - The biggest risk in life...is not taking one.

Story: Based on life of Harshad Mehta, narrated very well.

Acting: Vinod Sherawat impresses with his acting. Shruti Ulfat does her part well. Purva Parag didn't have much to do. Rest of the cast is good.

Music: There were no songs in the movie except the one shown in the beginning of the movie and end of the movie.

The movie is about stock market scam happened in 1992 and is based on life of Big Bull of stock market, Harshad Mehta .The film tries to draw a line between "conspiracy" and "scam" through the introspection and intervention of celluloid intellect. 'Gafla' meaning "scam" can be described as the illegal act. The film is microscopic view of share and stock market scams where the film unravels the hidden truth of the influential, corrupt and the mighty outlaws.

In Gafla, debutant director sameer hanchante tried to provide a different perspective of the harshad mehta scam. Though, the film claims that it is purely fictional, but once you start watching it, you can easily correlate it with what happened some 18 years back.

The movie tells the story of a middle class man who wants to step out of the box and make it big. He does achieve success at first but then becomes a victim of the scam only to return as the daredevil and stake everything in it all over again.

The movie is worth watching.

Harshad Mehta - The Big Bull

" Caution: stock market investment is subject to market risk. Please read the offer document carefully before investment. "

The above line comes in front of our life many times during our life time. But do we really care for it? Do we care to know the truth of anything happening around us? Did we care to know the biggest scam of Indian stock exchange? Do we care to know about Mr Harshad Mehta? Why he is known as big bull? What price he paid for being big bull? What he did? How he did? And why he did it? How it happened???

If u have desire to know about some truth about The Biggest Indian Stock Exchange Scam , read this :

Early life
Harshad Shantilal Mehta was born on 29 July in a Gujarati Jain family of modest means. His early childhood was spent in Mumbai where his father was a small-time businessman. Later, the family moved to Raipur in Chattisgarh after doctors advised his father to move to a drier place on account of his indifferent health. He also studied in S.S. Kalibadi Hr. Sec. School, Raipur, But Raipur could not hold back Mehta for long and he was back in the city after completing his schooling.
Somehow Harshad Mehta did not find his future in Raipur and could not stay away from Mumbai’s shiny life style.After coming to Mumbai Harshad Mehta joined his 1st job as dispatch clerk in the New India Assurance Company. But his 1st love is always Stock market. Harshad Mehta’s first love was stock exchange. During his work at new india insurance he has started investing in stock market with his brother Ashwin Mehta. And after sometimes he has managed to get BSE broker’s card. Who knows at that time that it was starting of great Indian scam!!

Growth period of Big Bull
After investing in stock exchange Harshad Mehta found some wrong patter on trades in stock exchange. He found that companies are not rising and falling as oer their fundamentals, and he started manipulating one stock named ACC. It was rising , rising and rising only. But Harshad Mehta had reason for all the questions for its rising. Its “Replacement Price Theory”. He was successful in explaining this theory to Indian public.
But the fact had another side too. Mr Mehta started buying this ACC at mid 1990 and then he made it public. It was Harshad Mehta’s trademarked style. He used to study fundamentals, he used to buy in big quantity and then he used to make is public. And demand of that stock used to rise like anything after recommendation of this Big Bull !!

Boom Period of Big Bull’s life
Year 1991. Mr Harshad Mehta is noow darling of Indian media. He was dream seller. He was not only Harshad Mehta now.. but he was The Harshad Mehta. Boss of “Growmore Research and Asset Management “. People know this personality as “ The Big Bull” of Indian stock exchange. Harshad Mehta thought different then others. The basic concept behind his view was very optimistic and somehow it was good for Indian money market too. He used to explain people that if fundamental of some company is good it should go up and should always goes up. But excess of anything is evil. The dream of great Indian story was becoming greed generator for Indian public and for Mr Harshad Mehta too. At his peak, he lived almost like a celebrity in a 15,000 sq ft house, which had a swimming pool ,beautiful golf patch. He also had a crush for flashy luxurious cars and no wonder he used to have some of the best car of 1990’s in his huge parking.

Recession Period in Big Bull’s life
His flashy life and charismatic personality was a problem for many Indian and international personalities. In 1992, 1st article came out against this dream merchant and the story was about 600+ Crores rupees scam !! it was written in article that Harshad Mehta had swiped 600 Crores. rupees from SBI. No one had clue at that time that it was starting of the most dramatic scam of Indian stock exchange. But fact was unknown till now. The amount is much more than what was said in that news article.

As per that article Mr Harshad Mehta used “Ready Forward Deal” for this scam. As per this deal he used to take some short term loan from banks and used this money in stock exchange to rise the price is the security. Pure manipulation. As per Indian law it was not allowed to give such RF loan to any individual person by bank. So it was clear that more than one banks were involved in this scam. With this money mr Harshad Mehta used to make waves in Indian stock exchange. He was using this banks illegally to manipulate the stock exchange mechanism.

He used the money he borrowed from lending bank on behalf of borrowing bank. And he invested that money in stock market. in this process the borrowing and lending banks knows only broker and may not know the name of the other party. And Harshad Mehta used this fact very well for his own personal benefit.

Another “technique” of rising money in stock exchange is “Bank Receipt”(BR). In BR one bank sells its government securities to another bank after particular time in future, and it gets payment from the lending bank. During that time if the borrower bank is returning money back they can get their government security back. And in this scam Mr Harshad Mehta played very crucial role along qith two small banks Bank of Karad and Metropolitan Co-op. Bank.. He used to get money from borrowing bank and it was used in stock market. at time of settlement he sell its security in which he earned lots of profit and he return the money back to the bank. Master mind at its best.(or worst?). But the game was not possible in case if share prises going down. And this is the reason behind Harshad Mehta’s dream for constant and one side growth


Depression of Big Bull’s life
Mr Harshad Mehta had one habit of showing off. Larger than life kind of personality can make the worst enemies for you. When he came to know this truth it was too late. When he got some finest luxurious car of the world and he was giving some picture pose of him feeding bears in zoo, some big names like Anand Rathi and Krishnakant Damani were hurt badly it was not a good news for the big bull. Whole bear cartel is against Harshad Mehta now. Everyone knew that Harshad Mehta is getting money from somewhere. but from where? The bear cartel has exposed the truth behind the constant rise of this big bull. They have used almost all the resources they have. It was surprising to point out here that even this bear cartel was using same “technique” as Harshad Mehta used. But the difference was , public appearance. Bears cartel used the money from overseas banks where as Harshad Mehta used Indian banks for his growth. And this act was “crime” as per Indian law books.

And on one not so fine day it was headline of Indian news paper regarding 4000 crore rupees scam in Indian stock market. Now Harshad Mehta was in trouble. As the scam was exposed the banks receipts (BR) value became almost zero. And it was enough reason for crash of some financial institutes which would lead Indian financial crises. Bear cartel was behind Harshad Mehta now. They filed as many cases as hey can against Harshad Mehta . They have used all their sources and made sure that Harshad Mehta would not get any bail.

Indian Stock Market crashed like anything. It was one of the worst time Indian market have seen till day. Indian public faced tough times. Many suicidal notes were found near dead bodies of Indian stock traders. The big bull, The dream merchant, The Harshad Mehta is now The most hated person!! 4000 crore scam ,many financial firms were involved, many political parties were involved, many big names involved in the same case, but surprisingly only one man was trapped. Harshad Mehta.

End of The Big Bull
Late 2001, place : Thane jail. The jail superintendent came to know about end of the bull era with news of Harshad Mehta’s death. Reason was heart attack. But it was shocking to know that before he died, he was found guilty in only one case..!!! That is how it happened. The chair person of Growmore Research and Asset Management died. And one Bull Run came to end.

Till now, it is still unknown what was the real story behind the entire scam. The recent Hindi movie 'Gafla' showed this scam in a different perspective.

Moral of the Article
Caution: Stock market investment is subject to market risk. Please read the offer document carefully before investing

Chart Pattern Tutorial

To see the charts clearly, please click on FULLSCREEN.

An Amazing Man

An Amazing Man

Correct timing to take water

Correct timing to take water, will maximize its effectiveness to Human body.

• Two (02) glass of water - After waking up - Helps activate internal organs
• One (01) glasses of water - 30 minutes before meal - Help digestion
• One (01) glass of water - Before taking a bath - Helps lower blood pressure
• One (01) glass of water - Before sleep - To avoid stroke or heart attack
  
  
  

Intraday market outlook for 11February

On 11February, Nifty fut will face resistance at 4772 level, once it manages to cross and sustain above this level, then we can expect nifty to shoot upto 4798-4810-4830 levels. Nifty has to give close above 4830 level in order to continue the upmove in markets. If it is able to do so, it will show an upside of 80-150pts in very short time. However unable to cross and sustain at higher levels beyond 4830 level, will create weakness in markets and an opportunity for bears to take charge once again in coming days. On lower side Nifty fut has support at 4720, breaching this level will make nifty to slide down till 4702-4680-4665 levels. Any break below 4665 level, and sustaining there for some time will change the sentiments in favour of bears and will make Nifty slide down till levels 4600-4545-4480 in coming days. In intraday the range for the markets will be 4702-4830, breakout on either side will lead sharp movement.

We recommend all traders to keep watch on range 4665-4830 levels for all their long/short trades and stay cautious in current markets as reverting back from resistance levels and breaching 4665 level can prevail highly negative sentiments in markets in coming days. So, on every rise keep boking profits in long positions. Till Nifty is trading in this range, use dips to buy and rise to sell. Dont be greedy in market, as that may end you in loss as volatility will be high in markets.

Nifty Levels

• Resistance - 4772-4798-4810-4830
• Support - 4720-4702-4680-4665

=================================

Intraday Calls

• Ajanta Pharma abv 158 tgt-162-165-172+
• STC abv 528 tgt-535-541-550+
• Omnitech abv 165 tgt-167-169.3-173
• Zenith Fibre abv 28 tgt-28.5-29.1-30+
• Also watch IGL, Speciality Paper, Mirza International, Vijaya Bank.

For all trades, keep trailing your stoploss once the stock is above the buying price. Dont take delivery of any intraday call. Avoid spike buying.

For LIVE MARKET updates and stock calls, CLICK HERE.

====================================

For live market updates and stock calls, add our yahoo id- eaibsecurities@yahoo.com

Only accuracy here!!!!

For any queries, Contact us at-
E-mail : eaib.securities@gmail.com
Mobile No.: 09935466303

Intraday market outlook for 10February

On 10February, Nifty fut will face resistance at 4830level, once it crosses and sustains above this level we can see Nifty inching higher upto 4848-4865-4884 levels. In coming days if Nifty sustains above 4830 level, then we can see an upside movement till 4880-4965 level. Contrary to this, if Nifty fut is unable to cross the resistance level of 4830, then it will come down and have support at 4770,breaching this level it can slide down to 4755-4730-4705 levels. Any close below 4730 will be first sign for weakness in markets.

We recommend all traders to keep watch on 4830 level on upside and 4755 level on downside for all their long/short positions. Nifty range will be 4730-4830,intraday session might be highly volatile, so trade cautiously and keep booking profits in all trades. Dont leverage long positions on higher side if nifty is unable to cross 4830 level, instead use dips for buying.

Nifty Levels
Resistance - 4830-4848-4865-4880
Support - 4770-4755-4730-4705

==================================

Intraday calls

Today all intraday calls will be given during market hours.

For all trades, keep trailing your stoploss once the stock is above the buying price. Dont take delivery of any intraday call. Avoid spike buying.

For LIVE MARKET updates and stock calls, CLICK HERE.

====================================

For live market updates and stock calls, add our yahoo id- eaibsecurities@yahoo.com

To get more Cash+F&O calls for intraday+positional trades, join our PREMIUM SERVICES.

Only accuracy here!!!!

For any queries, Contact us at-
E-mail : eaib.securities@gmail.com
Mobile No.: 09935466303

Intraday market outlook for 9February

On 8February, once again Team EAIB made everyone mint money in truckload with its highly accurate market view. We told very clearly in our market view that the levels 4665 & 4830 are crucial on downside and upside respectively. And you all must have watched Nifty fut making a low of 4667 & then blastingggg high to 4807 in intraday, and then again coming down to around 4750 levels from day high. Our Nifty buy call given at 4670 with SL-4665, made a fantabulous gain of 147pts. Hope all of you must have earned profit in truckload!!!! Our habit of predicting accurate market view must have become an addiction for all of you visiting here. Keep minting money with us, in any kind of market.

On 9February, Nifty fut will face major resistance at 4772, once Nifty fut manages to cross and sustain above this level, then bulls will try to make Nifty fut spurt to the levels of 4798-4810-4830 levels. Any breakout and close above 4830 will open doors for higher levels of 4865-4935-5048. Contrary to the upside, if Nifty fut is unable to sustain at higher levels and reverts back, then it has support at 4730 level, breaching this level Nifty fut can slide down to the level of 4705-4680-4665 in short time, and 4660 is a major support level, once Nifty breaks this level and sustain below this level then we can expect a correction in Nifty till the levels of 4545-4480-4444. Any close below 4665 level, will boost negative sentiments in markets and panic selling can come across all sectors of market.

We recommend all traders to stay cautious as the Nifty is on verge of a unexpected & sharp breakout of 200-500points in coming day (to know the direction, join our PREMIUM SERVICES) . One must be watchful in the range 4665-4830, as this is a crucial range. On the upside one must be cautious as on higher levels markets are continuously facing stiff selling pressure. As we have suggested earlier also, that use levels and follow the strategy of buy on dips-sell on rise. So, all uprise must be used to exit long positions and not to leverage positions , also on lower levels one must not jump and do short selling, follow the levels strictly and initiate right trade on right time to mint money. Stay tuned with Team EAIB for more well in time updates about market direction.

Dont miss to read our weekly market view, CLICK HERE.

Nifty Levels

• Resistance - 4772-4798-4810-4830
• Support - 4730-4705-4680-4665

==================================

Intraday calls

• Poly Medicure abv 214 tgt- 218-226-238+
• Kinetic Motor abv 30.3 tgt-31-32.5-34+
• Axis Bank abv 1022 tgt-1035-1048-1065
• Sell Reliance bel 994 tgt-984-977-965
• Also watch MLL, Ashiana Ispat, SPIC , Rasandik Engg.

For all trades, keep trailing your stoploss once the stock is above the buying price. Dont take delivery of any intraday call. Avoid spike buying.

For LIVE MARKET updates and stock calls, CLICK HERE.

====================================

For live market updates and stock calls, add our yahoo id- eaibsecurities@yahoo.com

To get more Cash+F&O calls for intraday+positional trades, join our PREMIUM SERVICES.

Only accuracy here!!!!

For any queries, Contact us at-
E-mail : eaib.securities@gmail.com
Mobile No.: 09935466303

Market outlook for the week 8-11February

As usual, our market view going 100% accurate even in volatile markets and Nifty following our levels and making you all earn in any kind of market. The Market view provided by us last week, also turned out to be 100% accurate. Our habit of predicting accurate market view must have become an addiction for all of you visiting here. Keep minting money with us, in any kind of market. We always say, dont go with bulls/bears, stay with levels and earn in both kind of markets.

Nifty has managed to close above 4755 last week, another weekly close above this level would possibly open higher targets in coming days. Nifty fut will face resistance at 4830, once it crosses and sustain above these levels, we can see markets surging upto the levels of 4830-4884-4935+. However the range of 4900-5000 will be of high resistance as indicated by the Options data analysis. Once Nifty fut starts trading and sustaining above 4884, we can see dead bears all round and bulls will take the charge over markets and will make markets inch higher upto 4965-5048 levels. But looking at the current scenario, traders must not leverage positions at higher levels, as the higher levels will face stiff selling pressure. However contrary to this if markets are unable to cross the resistance levels and reverts back from 4830 levels, then we can see some profit booking coming into the markets again and market can slide down to the levels of 4730-4665-4545. In Medium term Nifty fut has good support at 4545, and break below this level can show some weakness in markets for longer time and then one can expect much lower levels. Nifty range for this week will be 4665-4830, breakout on either side will lead to sharp movements.

We recommend traders to keep booking profits at every rise, as markets are facing selling pressure each time it attempts to inch higher. So, traders must buy on every dip till Nifty fut is trading abv 4665 level & long positions must be exited at every rise, to conserve the profits. Nifty fut range 4665-4830, must be watched very carefully before executing any fresh trade. Breakout on higher side with high volumes can unexpectedly change the current scenario in favour of bulls. Sentmental trading must be avoided, and traders must follow the levels to trade in the markets.

Nifty Levels

• Resistance - 4830-4884-4935-4965-5048
• Support - 4730-4665-4545-4480-4420

=================================

Stocks for the week

• Ashiana Ispat
• Jai Corporation
• Grindwell Norton
• Decolight Ceramics
• SPIC
• KFA
• Joonktollee Tea
• Educomp

=================================

Intraday calls for 8February

• Educomp abv 665 tgt-672-684-695+
• DFM Foods abv 50.75 tgt-53-54.5-57+
• Indraprastha Gas abv 236 tgt-242-250-265+
• Asian Hotel abv 518 tgt-524-531-545
• Also watch MLL, Gujarat Gas, Tulsyan NEC, GAIL.

For all trades, keep trailing your stoploss once the stock is above the buying price. Dont take delivery of any intraday call. Avoid spike buying.

For LIVE MARKET updates and stock calls, CLICK HERE.

====================================

For live market updates and stock calls, add our yahoo id- eaibsecurities@yahoo.com

To get more Cash+F&O calls for intraday+positional trades, join our PREMIUM SERVICES.

Only accuracy here!!!!

For any queries, Contact us at-
E-mail : eaib.securities@gmail.com
Mobile No.: 09935466303

Fixed Deposits Vs Equity Investments

We have often seen people curious what to go for FD’s or Equity Investment ??????

They turn the world upside down to know what they should go for. But now a day’s people are getting more attracted towards equity. Thanks to those entire brilliant ad campaigning’s done by fund houses pitching there products to all of you.

Let’s try and understand what could be better for the people.

What is a Fixed Deposit?
A fixed-income debt security issued by banks. A Fixed Deposit is like loaning the bank your money and in return they pay you interest which is currently between 7.5-8% p.a.
At this interest rates your money will double approx in 9 years. Too less too late? Read on

Drawbacks of FD’s:
The most unusual characteristic of a fixed deposit is that the funds cannot be withdrawn for a specified period of time which is usually 3 years since deposit for any reason.
Changes in the going interest rate may also rise to a point above and beyond the interest rate applied to existing deposits done with the banks. This means account holders are actually earning less interest with fixed deposits than with other types of products.

Mutual Funds

Now let’s understand what Mutual Funds can do with your one time investment and who they are:
Dalal Street prefers people thinking that what they do with your money is some rocket science and you are not the right person may be to take your own financial decision so that they keep earning fat commissions for themselves you being entrusting them your hard earned money.
With stock market bouncing off from lows and due to higher interest seen in Equity the companies started focusing on ULIP’s.

Unit Linked Insurance Plan - is a financial product that offers you life insurance as well as an investment like a mutual fund. Part of the premium you pay goes towards the sum assured amount you get in a life insurance policy and the balance will be invested in whichever investments you desire - equity fixed-return or a mixture of both. ULIP was actually first time introduced in 1960s and is a famous financial product around the world today.
The biggest misconception about Ulips today is that they are entirely linked to equity markets. The fact is that within an Ulip policy various fund options exist with varying exposure to equity and debt such as 100% equity fund 100% debt fund and balanced fund.

Drawbacks of ULIP’s:
They will charge you with allocation mortality charges administration charges and fund management charges. Besides there are certain other miscellaneous charges such as surrender charges levied in case of premature exit fund switching charges in case of number of switches exceeds the free switches allowed per year and top up charges.
All this is deducted from the premium you deposit with them and it carries a locking period of 3 years and if you discontinue you may lose a lot because of these charges.

Now comes the most frequent question, what should one do?
When taking money and investment related decisions its always better to take informed ones rather they relying on hearsay and rumors which keeps going around.
Rest depends on who you are and what you want? If you are a novice then you may start considering Mutual Fund schemes in growth related funds or so rather than the traditional FD’s.

If you are not a beginner and know the basics about stock market then start putting in markets directly to equity via SIP and then keep learning about the Investing world. That will certainly help you achieve higher returns in the years to come when compared to Fixed Deposits or ULIP.
Focus on lifetime investing because the longer you invest the better will be your returns.

Corporate India back on high-profit track

The big industrial houses seem to be on the high profitability track again. Earnings numbers available from India's top 25 industrial houses reveal that they have shrugged off the single-digit earnings growth number recoded in the September 2009 quarter and are back in the high performance zone.

The net profit of these top business houses (excluding banks and financial services companies) showed an increase of 96.8% during the December quarter of 2009 over the previous year. For the same period, operating profit of these industrial houses increased by 59.2%.

Among the lot, the highest growth in net profit was reported by the Bajaj (BAJAJAUTO.NS : 2101.05 0) Group as its profits jumped by a staggering 595.2% followed by the RP Goenka Group, which recorded a 578.7% growth in net earnings for the quarter ended December 2009 over the corresponding quarter of the previous financial year.

On the other hand, the Jaiprakash Group logged sales growth of 113.5% followed by Mukesh Ambani-led Reliance Industries (RELIANCE.NS : 993.75 +12.05) with a growth of 92.2%. Ispat Group reported a 89.4% growth in sales.

The Tata Group, second highest in terms of aggregate sales, for the December 2009 quarter reported a 141.1% hike in net profit and an increase of 21.6% in sales.

Among the Bajaj Group of companies, Bajaj Auto catalysed the profit growth with net earnings growing by 189.2% in the December 2009 quarter. Sales of Bajaj Auto also increased by 57.9% to Rs 3,165.84 crore during December 2009 from the level of Rs 2004.75 crore in the year-ago period.

On the other hand, a significant growth rate in sales was witnessed in the cases of the Munjal Group, Hinduja Group, Jindal Group, Sterlite Group, Mahindra Group, Ruchi Group, Videocon (VIDEOIND.NS : 214.3 +3.25) Group and Torrent Group.

In absolute terms, the total net profit of the 25 largest business houses has increased to Rs 16,957 crore in the quarter ended December 2009 from Rs 8,616 crore in the corresponding quarter of the previous financial year..

More than 100% increase in net profit was witnessed in the cases of nine houses. These include Mahindra, Videocon, BK Birla, Hinduja, R P Goenka and Welspun .

Among the top five business houses, Reliance Industries, led by Mukesh Ambani, posted the second highest rise in sales, from Rs 29,582 crore in the December 2008 quarter to Rs 56,869 crore in December 2009 quarter.

The aggregate net profit of Mukesh Ambani-led group of companies increased by 15.8% to Rs 4,013 crore in the October-December 2009 period from Rs 3,467 crore in the year-ago period. Theses companies accounted for 20% or more of the total sales of the top 25 business houses.

Source:Indian Express Finance

Intraday market outlook for 5February

On 5February, Nifty fut is having support at 4724 level, once this level is breached and sustained then we can see lower levels of 4705-4690-4665. Any close below 4665 level, will bring panic selling markets and we can see more downside of 70-100 pts. As we have mentioned in our earlier market view 4935-4980 level was a major hurdle for the bulls, and exactly the same happened this week, Nifty fut rising up but was unable to give close above 4935 level and as a result now crashed down we also warned and told all of you that any rise till these resistance level was an exit opportunity for long positions, as the new uprise movement will start only after the crossover of 4945 level with good volumes. Those who followe us, are now sitting on moountains of profits. Today on lower side if support level of 4724 is not breaked and sustained, then expect a mild pullback. Moving on higherside Nifty fut will face resistance at 4755 level, crossover of this level will show higher levels of 4770-4786-4802. Traders must avoid shorting at lower levels.

We recommend all traders to watch the range 4724-4770, as this range is crucial for further market movement and breakout on either side with high volumes will show sharp movement. As told by us yesterday also, dont leverage long positions at higher levels until Nifty fut crosses 4805 level.

Read our weekly market view, CLICK HERE.

Nifty Levels

• Resistance - 4755-4770-4786-4802
• Support -4724-4705-4690-4665

==================================

Intraday Calls

• Federal Mogul around 149 tgt-151-155-159+
• STC around 492 tgt-498-505-512-520+
• SPIC around 16 tgt-16.5-16.8-17.2
• Moldtek Plastics around 44 tgt-45.5-46.2-47
• Also watch Ahmednagar forgings, Jindal Cotex, Concor, Tonira Pharma.

For all trades, keep trailing your stoploss once the stock is above the buying price. Dont take delivery of any intraday call. Avoid spike buying.

For LIVE MARKET updates and stock calls, CLICK HERE.

====================================

For live market updates and stock calls, add our yahoo id- eaibsecurities@yahoo.com

To get more Cash+F&O calls for intraday+positional trades, join our PREMIUM SERVICES.

Only accuracy here!!!!

For any queries, Contact us at-
E-mail : eaib.securities@gmail.com
Mobile No.: 09935466303

Intraday market outlook for 4February

It was a good day of trade today boosted by robust global sentiments. Sensex shut shop at 16496, up 332 points and Nifty at 4936, up 106 points from the previous close. We told everyone on Tuesday that one must buy on dips, and yesterday everyone watched the massive blastinggg move of markets from low of around 4800 on tuesday to high of around 4950 yesterday. Our habit of predicting accurate market view must have become an addiction for all of you visiting here. Keep minting money with us, in any kind of market. We always say, dont go with bulls/bears, stay with levels and earn in both kind of markets.

On 4February, Nifty fut will be having a resistance level at 4955 level, if it manages to hold and sustain above this levels then next hurdle for the upsurge will be 4980 level. If Nifty fut sustains above 4980 level, then we can see higher levels of 4998-5022-5050. In order to take charge over bears, bulls have to hold Nifty fut above 4955 level, failing to do so bears will will make all possible effort to drag down the markets to lower levels in later hours from higher levels. On lower side support for Nifty fut is at 4910 level, if it breached and sustained then we can see markets sliding down to 4880-4865-4830 levels. In the current scenario the market movement is ambiguous so traders must follow the strategy of buy at dips & sell on rise, rather than waiting for expiry/day closing targets.

We recommend all traders to stay cautious in range 4945-4970 on upside, as this range will act as a resistance zone for upside movement, and failing to crossover this, market may witness selling pressure. So, keep booking profits in all positions and avoid leveraging positions at higher levels. Overall range for the day will be 4865-4980,breakout on either side will lead to sharp movement in markets.

To read our weekly market view, CLICK HERE.

Nifty Levels
Resistance - 4955-4980-4998-5022
Support - 4910-4880-4865-4830

================================

Intraday Calls

• Hindustan Copper abv 585 tgt-592-610-625+
• JK Agri abv 181 tgt-184-186.2-190
• Polaris Software abv 172 tgt-174.4-176.3-180+
• JK Tyre abv 179 tgt-181-184-190+
• Also watch Sat Industries, Sterlite Industries, Astec Lifescience, IFB Industries.

For all trades, strictly keep trailing your stoploss once the stock is above the buying price. Dont take delivery of any intraday call. Avoid spike buying.

For LIVE MARKET updates and stock calls, CLICK HERE.

====================================

For live market updates and stock calls, add our yahoo id- eaibsecurities@yahoo.com

Only accuracy here!!!!

For any queries, Contact us at-
E-mail : eaib.securities@gmail.com
Mobile No.: 09935466303

www.eaibsecurities.co.cc