Free Nifty Future Tips 6-3-09

Technically charts tells that nifty is having strong support at 2495. Below that nifty may make double bottom formation at 2228 which is made on 27-10-08. Near bottom or below 2495 my advise is start buying for only long term view means you may buy deliveries here for 2-3 years. Believe me you will have fabulous return on your investments. Only invest your money in the top 30 companies only.

Looking to global sentiments not posting today levels and chart for nifty. Nifty will be very volatile today. I hope that nifty will not break 2495, so above this level high risk traders can trade with strict sl of 2490. below that I advise remain neutral in market. Dont listen rumors market will not shut down in any way. Our economy is far better than USA in current situation. Due to election FII is selling there stocks, so, dont get panic on thier sells. In the world only two countries are left for investments one is India and second is China. So, FIIs will come back after elections, so friends this is the opportunity for buying. Start buying in parts and buy only top companies only.

Have nice trading day.

Rupesh Yatesh Dalal
MARKETCALLS

Sensex ends flat; RIL may lift market on Friday

Indian equity benchmarks ended flat on Thursday after stock specific movement backed by earnings. Markets were marred by lack of participation as traders expected disappointing quarterly results from oil&gas major Reliance Industries.

However, RIL earnings beat market expectations and traders may cover their shorts pushing the indices higher on Friday.

The company reported 9.8 per cent dip in net profit at Rs 3501 crore for the quarter ended Dec 31, 2008 against Rs 3882 crore same quarter year ago. Net sales was down 8.8 per cent at Rs 31,563 crore for quarter against Rs 34,590 crore in the same quarter year ago. The gross refining margin was $10 per barrel, on expected lines.

“Everybody was waiting for Reliance results which turned out to be better than expected. Provided international markets don’t see any exceptional sell-off, we may see a better opening (Friday). Investors should stick to buying in top 10 index stocks and not venture beyond that,” said Rajesh Baheti, managing director, Crossseas Capital Services. (Source : Economic Times)


Rupesh Yatesh Dalal
MARKETCALLS

What’s In the USA’s Stimulus Plan

What’s In the Stimulus Plan

Democratic leaders in the House have proposed an $825 billion economic stimulus package with $550 billion in spending to create jobs and $275 billion in tax cuts.

Lawmakers hope to send a final bill to the White House by mid-February. The bill would create a website to track spending projects and a seven-member board to oversee the management of them.

Here’s where the money would go and what it would do:

Tax Cuts

• Expand so-called net operation loss carryback period to five years from the current two years. The change would let banks, home builders and other companies accelerate the use of allowable deductions. The tax break would not be allowed for banks that received taxpayer money from the Treasury Department’s Troubled Asset Relief Program (TARP).
• Speed up depreciation deductions for businesses investing in new plants and equipment.
• Nearly double the amount small businesses can immediately write off on taxes for capital investments and new equipment.
• Give businesses tax credit to hire veterans, youths.

Highways, Rail, Transportation

• $30 billion for highway construction.
• $19 billion for clean water, flood control, and environmental restoration investments.
• $10 billion for transit, rail to cut traffic congestion and gas consumption.
• $6 billion to buy buses, equipment for public transit.
• $3 billion for airport improvement projects to improve safety and reduce congestion.
• $1.1 billion to improve speed, capacity of intercity passenger rail service.
• $2 billion to modernize existing transit systems.
• $1 billion for grants for new commuter rail projects.

States, Education

• $79 billion in state fiscal relief to prevent cuts to key services.
• $39 billion to school districts, public colleges, universities via existing state and federal formulas.
• $26 billion to build new K-12 schools and for higher education construction.
• $15.6 billion to increase Pell grants for college students.
• $6 billion for higher education modernization.

Energy

• $31 billion to modernize federal, other public infrastructure with investments for long-term energy savings.
• $11 billion for research and development, pilot projects, and federal matching funds to modernize electricity grid.
• $8 billion for loans for renewable energy power generation and transmission projects.
• $6.9 billion for state, local governments to improve energy efficiency.
• $6.7 billion for renovations, repairs to federal buildings, especially for energy efficiency improvements.
• $2.4 billion for carbon capture and sequestration technology demonstration projects.
• $2 billion for advanced vehicle battery loan guarantees and grants.
• $500 million for energy-efficient manufacturing demonstration projects.

Health Care

• $87 billion to states, increasing through the end of FY 2010 the share of Medicaid costs the Federal government reimburses all states by 4.8 percent, with extra relief tied to rates of unemployment.
• $30.3 billion to extend health insurance coverage to the unemployed beyond 18 months provided under current law.
• $8.6 billion to provide full federal funding through 2010 for state Medicaid coverage of unemployed.
• $4.1 billion for preventative care and to evaluate the most effective healthcare treatments.
• $3.75 billion for Pentagon to build hospitals and ambulatory surgical centers.
• $3 billion to fight chronic and infectious diseases.
• $950 million to repair, modernize veterans hospitals.
• $900 million for biomedical research, pandemic flu preparation, cybersecurity at Health and Human Services Dept.

Broadband, Technology

• $20 billion for health information technology to prevent medical mistakes, provide better patient care.
• $6 billion to expand broadband Internet access for businesses in rural areas.
• $1 billion for school technology, computer labs.
• $400 million for Social Security Administration to replace its computer center.
• $276 million for State Department to upgrade technology to meet stricter security needs.
• $245 million for Farm Service Agency to upgrade technology to handle workload increases.

Housing

• $6.2 billion to help low-income families weatherize homes, cut energy costs.
• $5 billion for public housing repair, modernization.
• $4.2 billion to help communities buy, rehabilitate foreclosed properties for affordable housing.
• $1.5 billion to help local communities build, rehabilitate low-income housing using green technologies.

Environment, Water Resources

• $6 billion in loans to help communities upgrade wastewater treatment systems.
• $4.5 billion for environmental restoration, flood protection, hydropower, and navigation infrastructure.
• $2 billion in loans for drinking water infrastructure.
• $800 million to clean up hazardous, toxic waste sites.

Unemployed Workers

• $27 billion to continue unemployment benefits up to 33 weeks until the end of 2009.
• $4 billion for job training including formula grants for adult, dislocated worker, and youth services.

Miscellaneous

• $10 billion for science facilities, research.
• $3.1 billion for projects on federal lands such as visitor facilities, historic buildings, rehabilitation of abandoned mines and oil fields.
• $2.1 billion to repair military facilities.
• $1.2 billion for new construction and $154 million for renovations to improve military housing.
• $650 million to extend coupon program to help Americans convert TV sets to receive digital transmission.
• $430 million in loans and loan guarantee authorities to stimulate loans to small businesses.

Regards,

Rupesh Yatesh Dalal
MARKETCALLS

Smart News Letter Weekly

Smart News Letter

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Rupesh Yatesh Dalal
MARKETCALLS

Smart Investment (Gujarati) Weekly Stock News Paper

Smart Investment (Gujarati) Weekly Stock News Paper

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Rupesh Yatesh Dalal
MARKETCALLS

Nifty Rollover Analysis

Marketwide rollover at 60% versus 51% seen on D-1 of last series
Nifty rollover at 54% versus 52% seen on D-1 of last series
Nifty Futures rolled 2.3 crore shares vs 2.3 crore shares last expiry (in-line)
Stock Futures rolled 53 crore shares versus 47 crore shares last expiry
Nifty Nov at 5-point premium, Dec at 16-point premium
Nifty Open Int PCR at 0.89 versus 0.84
Nifty Puts add 23 lakh shares, Calls shed 2 lakh shares in Open Int
Nifty 2600 Put adds 10 lakh shares in Open Int
Nifty 2500 Put adds 3.6 lakh shares in Open Int
Nifty 2700 Call adds 3 lakh shares in Open Int
Nifty 2800 Call adds 2 lakh shares in Open Int
Stock futures add 1.6 cr shares in Open Int
(source : cnbc)

Rupesh Yatesh Dalal
MARKETCALLS

Market in November Month ends flat

Nifty ends up 3%;
hits low of 2503 & high of 3240 during the series

BSE Small-cap Index down 10%, CNX Midcap Index down 3%

Realty Index down 20%;
Unitech down 55, HDIL down 50%, Puravankara down 40%, Indiabulls Real Estate down 30%

BSE Metal Index down 10%;
SAIL down 20%, Tata Steel down 18%, JSW Steel down 17%

Index Losers;
ABB down 19%, Satyam down 15%, Zee down 22%

Index Gainers;
Ranbaxy up 25%, Cairn up 24%, NTPC up 22%

Telecom Gainers;
TTML up 55%, MTNL up 23%, Idea up 18%

Non-Index Gainers;
IVRCL Infra up 70%, GVK Power up 40%, Sintex up 30%

Non-Index losers;
Reliance Cap down 27%, Axis Bank down 22%, India Infoline down 20%
(source : cnbc)

Rupesh Yatesh Dalal
MARKETCALLS