Union Budget Review Reports
February 27, 2010 by | No Comments
Angel Securities:- IDFC SSKI Research:- Religare:- Reliance Securities:- Sharekhan:- ICICI Direct:- HDFC Securities:-
Archive for February, 2010
Union Budget 2010-2011
February 27, 2010 by | 1 Comment
INCOME TAX Individual Existing Proposed From Rs.1,60,001 to Rs 3,00,000 -10% From Rs.1,60,001 to Rs 5,00,000 -10% From Rs.3,00,001 to Rs 5,00,000 -20% From Rs.5,00,001 to Rs 8,00,000 -20% Above Rs.5,00,000 -30% Above Rs.8,00,000 -30% Additional investment of Rs 20,000 in infra bonds over and above Rs 1 lakh in 80C. Enhance tax audit limits [...]
Day Trading Calls with Market Review for 26 Feb 2010
February 25, 2010 by | No Comments
Nifty has closed with a perfect candlestick pattern–Doji- -before the most-awaited event of the year, clearly indicating the confusion among the bulls and the bears in the triangle formed, which took a week to get completed. Now, with the daily momentum still in buy mode and 4805 still holding, it seems that the short-term momentum [...]
Day Trading Calls with Market Review for 24 Feb 2010
February 24, 2010 by | No Comments
Nifty spent another day below 4900 and witnessed strong selling pressure above the level. The index failed to breach the high of 4930 but so the low of 4805, which is the low of the right shoulder of the inverted head and shoulders pattern formed above 200 daily simple moving average (DMA). The momentum indicator [...]
Day Trading Calls with Market Review for 23 Feb 2010
February 23, 2010 by | 1 Comment
Nifty opened up smartly but ended lower forming an inverted hammer candlestick pattern, signaling selling pressure at higher levels. Now, on both the daily and hourly charts, the setup of an inverted head and shoulders pattern looks clearer with the right shoulder just getting completed today. So, from here on the swing low of 4805 [...]
Day Trading Calls with Market Review for 22 Feb 2010
February 21, 2010 by | No Comments
Nifty ended the day in red for the second consecutive day in tandem with the rest of the Asian markets. It overlapped the swing high of 4846–an early signal that the next leg down has begun–but the swing low of 4786 is crucial as from there is where the second round of pullback started. The [...]
Day Trading Calls with Market Review for 19 Feb 2010
February 19, 2010 by | 1 Comment
Nifty ended in red after moving up for two days in a row. Again, 4846 remains a crucial support, as its overlap will be a warning shot for reversal of the trend. The index is trading above its 20 daily moving average (DMA), which still remains a short-term support on a closing basis. The index [...]
Day Trading Calls with Market Review for 18 Feb 2010
February 18, 2010 by | 1 Comment
Nifty ended the day in green for the second consecutive day keeping the hopes alive for the bulls. The index has retraced 38.2% of the fall from 5310 to 4675 and has closed above its 20 daily moving average (DMA). Now going forward the 40 daily exponential moving average (DEMA) is an important resistance level, [...]
Man Infraconstruction Ltd IPO
February 18, 2010 by | 2 Comments
Incorporated in 2002, Man Infraconstruction Ltd is a construction company located in Mumbai. In the recent past, the Company has undertaken various construction projects in the six states of Maharashtra, Kerala, Gujarat, West Bengal, Goa and TamilNadu. The Company provides construction services for port infrastructure along with residential, industrial, commercial and road infrastructure projects. Man [...]
NSE adds 11 stocks in F&O from February 19
February 17, 2010 by | No Comments
The National Stock Exchange (NSE) will include 11 stocks in the F&O segment from February 19, which are Adani Enterprise, Apollo Tyres, Areva T&D, BGR energy, Fortis Healthcare, Godrej Industries, Jain Irrigation, Mcleod Russel, Mundra Port, Onmobile Global and Videocon Industries.
