Intraday Calls From Vijay For Jan 30th 2008

NIFTY FUTURE ON 29.1.08 OPENED HIGHER AT 5340, REACHED THE HIGH OF 5393 AND CLSOSED AT 5277 AFTER FALLING TO A LOW 5216.EQUITYBPCL SUPP 380,370 RESIST 390,397,412 SELL AT HIGHER LEVELBHARTI SUPP 845,831 RESIST 876ZEEL SUPP 248,241 RESIST 273,279 SELLFUTURE GMRINFRA SUPP178 RESIST 190,197,203 SELL AT HIGHER LEVELIDFC SUPP 205,198 RESIST 214,220INDIACEM SUPP 203,195 RESIST 214 BUY AT LOWER LEVELCAIRN SUPP 197 RESIST 209 SELL WITH SL 212RPL SUPP 167,160 RESIST 175,182WIPRO SUPP 409,395 RESIST 422,429 SELL AT HIGHER LEVELMTNL BUY 128 SL 125 TGT 135,139M&M SUPP 686 TGT 730SATYAMCOMP SUPP 395,390 RESIST 405,412 SELL AT HIGHER LEVELNTPC SUPP 210,205 RESIST 218,223,228 SELL AT HIGHER LEVELNIFTY FUTURE SUPP 5255,5120,5045 RESIST 5340,5393,5440 .AVOID INTRA DAY LONG BELOW 5150. AVOID ALL SHORTS ABOVE 5450. TRADING WILL BE CHOPPY DUE TO SETTLEMENT ENDING.DO NOT AVOID SL AND HEDGING IS THE ONLY WAY TO SUSTAIN THE VOLATILE MARKET.HAVE A GOOD DAY.

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Emerging markets to grow robustly despite US recession says

A mild recession, limited to US only, can enable emerging markets to grow robustly in 2008, with stock valuations to remain attractive. Earnings in the developed world will show little or no growth at all this year while emerging markets should be able to generate close to 18 per cent earnings growth this year, HSBC said, citing data from the I

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Where's the US markets going?

It was shaping up to be another negative day on Wall Street. Asian markets closed very low on fear of U.S. economic recession, and economic reading on new home sales disappointed. The stock market managed a smart recovery, though, as traders are positive for a rate cut and embraced several better than expected earnings reports.On the economic front, December new home sales came in at a seasonally adjusted annual rate of 604,000 which is 4.7% less than last month's reading and is 40.7% less than last year's number.Our economists expected sales to come in at 647,000.The median sales price of a new house in December was $219,200. This equates to a 10.9% price drop year-over-year, the largest decline in nearly four decades. At the current sales rate, there is a 9.6 month supply of new homes. In 2007, there were an estimated 774,000 new homes sold, down 26.4% from 2006.The number of new home sales is very low, and the large supply of inventory should keep pressure on prices for some time. Homebuilders (+6.4%) shrugged off the negative report. The group is up 36.5% in the last five sessions.Stocks fell to their session lows shortly after the release, but then recovered smartly into positive territory as traders increased their bets on the size of a fed funds rate cut on Jan. 30.Fed funds futures currently indicate an 88% chance of a 50 basis point rate cut, with a 25 basis point cut fully priced in. Prior to today's action, futures suggested a smaller 70% chance of a 50 basis point cut.Of the 22 companies that reported earnings this morning, 12 beat expectations, three met, and seven missed. Some of the notable companies that topped estimates include Corning (GLW 23.10, +0.73), Halliburton (HAL 33.55, +0.46), McDonald's (MCD 51.07, -3.03) and Sysco (SYY 28.33, +0.72). McDonald's traded lower though, as traders were disappointed with its flat December U.S. same-store sales. Verizon (VZ 38.11, +0.35) met expectations.All ten sectors advanced. The financial sector (+3.3%) posted the largest gains, as it stands to benefit from a lower fed funds rate. Beaten down telecoms (+2.6%) came in second. Tech (+0.4%) underperformed on a relative basis due to lack of leadership within the sector.All I can say is volatility is here to stay in the markets for the coming two days especially in Asian markets.

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Intraday Picks for 28 Jan

Visit dstreetdirect.com for Intraday Picks

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reliance natural resources mutual fund

The primary investment objective of the scheme is to seek to generate capital appreciation & provide long-term growth opportunities by investing in companies principally engaged in the discovery, development, production, or distribution of natural resources and the secondary objective is to generate consistent returns by investing in debt and money

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Fed Cuts Interest Rate

The Federal Reserve, confronted with a global stock sell-off fanned by increased fears of a recession, cut a key interest rate by three-quarters of a percentage point on Tuesday, the biggest one-day move by the central bank in recent memory.The Fed said it was cutting the federal funds rate, the interest that banks charge each other on overnight loans, to 3.5 percent, down by three-fourths of a percentage point from 4.25 percent.The Fed action was the most dramatic signal it can send that it is concerned about a potential recession in the United States. It marked the biggest one-day move by the central bank in recent memory.

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The 10 biggest falls in Sensex history

Here are the 10 biggest falls in the Indian stock market history: Jan 21, 2008: The Sensex saw its highest ever loss of 1,408 points at the end of the session on Monday. The Sensex recovered to close at 17,605.40 after it tumbled to the day's low of 16,963.96, on high volatility as investors panicked following weak global cues amid fears of the US recession. Jan 22, 2008: The Sensex saw its biggest intra-day fall on Tuesday when it hit a low of 15,332, down 2,273 points. However, it recovered losses and closed at a loss of 875 points at 16,730. The Nifty closed at 4,899 at a loss of 310 points. Trading was suspended for one hour at the Bombay Stock Exchange after the benchmark Sensex crashed to a low of 15,576.30 within minutes of opening, crossing the circuit limit of 10 per cent.May 18, 2006: The Sensex registered a fall of 826 points (6.76 per cent) to close at 11,391, following heavy selling by FIIs, retail investors and a weakness in global markets. The Nifty crashed by 496.50 points (8.70%) points to close at 5,208.80 points.December 17, 2007: A heavy bout of selling in the late noon deals saw the index plunge to a low of 19,177 - down 856 points from the day's open. The Sensex finally ended with a huge loss of 769 points (3.8%) at 19,261. The NSE Nifty ended at 5,777, down 271 points.October 18, 2007: Profit-taking in noon trades saw the index pare gains and slip into negative zone. The intensity of selling increased towards the closing bell, and the index tumbled all the way to a low of 17,771 - down 1,428 points from the day's high. The Sensex finally ended with a hefty loss of 717 points (3.8%) at 17,998. The Nifty lost 208 points to close at 5,351.January 18, 2008: Unabated selling in the last one hour of trade saw the index tumble to a low of 18,930 - down 786 points from the day's high. The Sensex finally ended with a hefty loss of 687 points (3.5%) at 19,014. The index thus shed 8.7% (1,813 points) during the week. The NSE Nifty plunged 3.5% (208 points) to 5,705. November 21, 2007: Mirroring weakness in other Asian markets, the Sensex saw relentless selling. The index tumbled to a low of 18,515 - down 766 points from the previous close. The Sensex finally ended with a loss of 678 points at 18,603. The Nifty lost 220 points to close at 5,561.August 16, 2007: The Sensex, after languishing over 500 points lower for most of the trading sesion, slipped again towards the close to a low of 14,345. The index finally ended with a hefty loss of 643 points at 14,358.April 02, 2007: The Sensex opened with a huge negative gap of 260 points at 12,812 following the Reserve Bank of India [Get Quote] decision to hike the cash reserve ratio and repo rate. Unabated selling, mainly in auto and banking stocks, saw the index drift to lower levels as the day progressed. The index tumbled to a low of 12,426 before finally settling with a hefty loss of 617 points (4.7%) at 12,455. August 01, 2007: The Sensex opened with a negative gap of 207 points at 15,344 amid weak trends in the global market and slipped deeper into the red. Unabated selling across-the-board saw the index tumble to a low of 14,911. The Sensex finally ended with a hefty loss of 615 points at 14,936. The NSE Nifty ended at 4,346, down 183 points. This is the third biggest loss in absolute terms for the index.

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Weak Global Cues Again

We have seen a mayhem at Asian markets yesterday (21st Jan 08) and everyone's hoping that the markets are bottomed out. Righty said by udayan mukherji, "there's no 9/11 today, no p-notes worry" then why the investors are panicked. Is that FII's pulling back or investors running short of money because of thier money being spent into big IPO (Reliance Power)... we are running out of clues... Lets see if today's US markets change the fate of Asian markets and other emerging markets but thats that will impact tommorrows markets...As of now its 22nd Jan '08 and I can see Nikkie commences its trading at -200 levels and within half an hour its down 600 points. Nikkie 225 for the first time since October 2005 dives below 13000 mark. Lucky index, Indians markets breaks major levels every 2-3 months whether upper or lower levels I'm eagerly waiting for the hang seng markets to open, but lets hope it shouldnt be another day for Indian markets like yesterday....Any comments regarding the impact of world markets on India are welcome here...

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PowerGrid VS. Reliance Power

I got to read this blog in some other site, felt it will be helpful for my fellow members hence posted it.. And personally i am not investing in Reliance Power but accumulating PowerGrid.'There is one and only great pick for years to come and that is Power Grid crop. Why ? :-With India looking to broaden and upgrade its infrastructure,

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Picks for 21-Jan

Buy IndraPrastha medical co>44.25,44.80,46.10 sl 42.8Sell India Cements< 249.8,246,244,240,236 sl 253.75For more calls visit http://www.dstreetdirect.com

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IT Sector Revisited

Obviously, companies not directly affected by rupee appreciation and/or bad data coming from US/Europe seem OK by comparison as confirmed by those that have turned Strong Buys as shown above. Some like Polaris, Everonn, Wipro, TCS etc. have hit rock bottoms. I like Mindtree also which is showing some upward movement now. OTOH, Infosys may be headed

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Warren Buffett and Jim Cramer Speak out on 2008 Stock Market

THE Gurus of the stock market world include Warren Buffett, Jim Cramer, Carl Icahn and Jim Rogers. The lesser known gurus such as Alexander Green (Oxford Club), Bill Bonner (The Daily Reckoning) and Stephen Leeb (The Complete Investor) are all pretty much saying the same thing about the stock market in 2008. As oil pricing per barrel hits $100 gold soars to $860 per ounce on the futures markets, there is a general cause for caution and concern. The news on the first trading day of the year was not a bull's dream.The Institute for Supply Management's report that its manufacturing index fell to 47.7 percent for December from 50.8 percent in November raised concerns that the economy could be slowing at a quicker pace than some investors had estimated. The reading below 50 signals economic contraction, whereas readings over 50 indicate expansion. Analysts polled by Thomson/IFR had anticipated that manufacturing would expand modestly in December.The economic reading and rising oil prices were unwelcome for investors wading into the first trading session of 2008 and indicated the concerns that weighed on stocks in the second half of 2007 will for now persist."It certainly is a soft number and the declines in production and new orders are eye-catching," said Alan Levenson, chief economist at T. Rowe Price Associates Inc. "Overall, the ISM has generally been a decent guide for the economy. This is a sharp decline in one month." Stocks failed to gain momentum after an initial bounce after minutes from the Federal Reserve's last meeting. Central bankers, who voted to raise interest rates a quarter percentage point, called the economic outlook "unusually uncertain." While that strengthened the case for lower rates, it also confirmed some of the market's worst fears about the economy.That is what Buffett and Cramer are saying as well. The financial and credit markets are unusually shaky, and the problems facing the housing sector, the mortgage industry and consumer spending are casting a pall of gloom over the many positives that the US economy has to offer.Buffett, Ichan, Cramer and T.Boone Pickens always "vote with their wallets" and they are buyers. But they know this is a stock-pickers market. "We cannot say with certainty what most averages will do in 2008. Our guess is that the Fed will do what it must to support the economy. As long as the economy does not enter a recession, we are safe from a bear market. Instead, we expect stocks will remain in a trading range, flirting with all-time highs, but never experiencing a broad-based rally. Inflation will prevent a bull market from arising" said one of the gurus.In a non-verbal way and verbally, Buffett and Cramer are saying "choose your stocks very carefully". They say they are looking for value, with international money to be made, and themes that can withstand a downturn in the economy. That is why they like companies that have similar profiles to Trinity Industries (NYSE:TRN) and Yamana Gold (NYSE:AUY).As the stock market starts the new year on a sour note, they are looking for bargains, takeover themes like Alcoa (NYSE:AA) and Steel Dynamics (Nasdaq:STLD). The gurus know that the Fed can't afford to be indecisive at such a critical time like the monetary crisis that the western world finds itself in right now. And they know that inflation is upon us and can keep the bull market from going forward in a robust fashion.Bottom line: Do like Buffett and Cramer has often preached with enthusiasm. The first rule of investing is "DON'T LOOSE MONEY" and if there are no screaming bargains and virutual sure-fire winners, then just sit on your hands and do nothing. Cramer said it well, "in times like these I'd rather see you with too much cash than not enough".

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Bourse to pay if broker defaults

The next time a stock broker defaults, you can make the stock exchange he operates in, pay. That is the summary of a landmark ruling of the National Consumer Disputes Redressal Commission. Investors can get up to a lakh of rupees from the stock exchange to which the defaulting broker is attached.The ruling will provide additional security to investors over and above what is already offered by the stock exchanges. It will also make the stock exchanges more vigilant in examining the records of brokers. Since stock brokers charge a brokerage for services rendered by them, they are immediately liable to their customers (investors). However, it was not clear whether the stock exchange was also liable for the conduct of brokers. The judgment delivered by Justice M B Shah on behalf of a bench comprising himself, Rajyalakshmi Rao and Anupam Dasgupta conclusively settled the issue last December. Several consumers had filed complaints before the Delhi consumer forum against a broker as well as the Delhi Stock Exchange, for default with respect to the sale and purchase of shares. In all these matters, DSE tried to defend itself by claiming that it was merely a non-profit making organisation which regulated the business of sale and purchase of shares and debentures and that it was governed by the guidelines issued by Sebi. It also claimed that none of the complainants had hired the services of the stock exchange, as the investor merely pays a consideration in the form of brokerage to the broker and not to DSE. So, it was not rendering any service to investors and a claim against DSE would not be maintainable. But could the stock exchange be held jointly responsible along with the broker? The district forum held that, indeed, DSE was jointly liable, and so did the state commission in appeal.

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Daily IPO Diary at www.dstreetdirect.com

FUTURE CAPITAL HOLDING -IPO ( Retail quota 147 crore)- 490 crore - price band 700 to 765 -Lot 8 shares- open 11th to 16th - Welcome to Future Capital Holdings Limited -----------------------------------------------------------------------------RELIANCE POWER - IPO ( Retail quota 3078 crore)- 11700 crore - price band 405 to 450 (PART PAYMENT OPTION TO RETAIL & HNI @ 115/ per Share with with appliction + 20/ discount to retail , maxm retail is 225 shares , one may apply maxm for 225x115=25875 by using part payment - RETAIL MUST USE PART PAYMENT OPTION and should apply minimum for 4 lots with part payment so that fully paid shares are allotted)- Lot 15 shares -open 15th to 18th - www.karvy.com - www.reliancepower.com

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future of RPL

RPL is a good bet for a long term investment.

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Need - 1 Lac in June'08

Iam a begineer in trading.I have a situation - I would require 1 Lac in June'08 (6 months from now).Is there any shares that can help me out to reach this amount with a capital of Rs.50000/-.If so which are the ways and methods - can anyone throw light on this?For more visit here http://www.dstreetdirect.com/stock-discussion-market-buzz/2389-need-1-lac-june-08-a.html

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3 multi baggers unveiled

3 multi baggers unveiled --------------------------------------------------------------------------------South Asian Petrochem has hit UC for 3 days>>>It willwill continue that for a minimum of 10 trading sessions by that time it would reach 50 and will be rs.10 short of my 3 month target of 100% return. For more ... visit http://www.dstreetdirect.com/stock-discussion-market-buzz/2396-3-multi-baggers-unveiled.html

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Profitable Forex system , +50% per year !

• pairs AUD/JPY ; GBP/JPY ; NZD/JPY• open just „BUY” (long) positions • entry signal will find with an indicator CCI (14) on 1 Day graphic

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