US mortgage crisis: A subprimer Q: What is a sub-prime loan?A: In the US, borrowers are rated either as ‘prime’ – indicating that theyhave a good credit rating based on their track record – or as ‘sub-prime’,meaning their track record in repaying loans has been below par. Loansgiven to sub-prime borrowers, something banks would normally… Read More »
All eyes are on the US, will this $700 billion package come through or not? Though most know that US does not have any other option today, the question is will the entire $700 billion be sanctioned all at one go or would it be in tranches? At the same time, there are many more… Read More »
ADX is near 30 which is a sign of bullishness. DI+ is about to crossover DI- Long positions can be taken with a SL of 829 on all Longs Initiated.
Can see a bounce from 139-141 levels or else go short below 138 Wait n Watch at 138 Levels
Buy this stock at cmp or add more at dips for a month or so GDR Issue is offing may rock any time BOok Profit in NIfty PUTS and add more at lower levels BHEL at its support add now and more at dips Sell SBI on strength around Rs.1,527/1,535 with a stop of Rs.1,546.… Read More »
People are yet to get over the historical collapse of the US financial markets last week and the resultant meltdown on Dalal Street. Yesterday’s run-up on the price of crude led to some more anxiety. And in all this anxiety, a news which otherwise would have boosted the markets, went seemingly unnoticed. Yesterday evening, the… Read More »
Nifty Bounced from Lower Levels Made double bottom at 3800 which means a Intermediate Bottom has been formed and can see a bit of Upsteam Nifty charts updated in Previous post. People who bought Reliance BHEL and other scrips recommended in previous post should have good money All stocks showed a good bounce and some… Read More »
WEEK GONE BYHead & Shoulders Neckline breach saw target bottom of 3800 tested as anticipated. Also Market put a surprising 10%+ pullback from lows.WEEK AHEADDouble Bottom @ 3800 signals a medium term support. Any weakness could be used to trade long now. Weekly Support 4090, Weekly Resistance 4450-4560. Nifty Strong/Weak Above/Below 4200 for the week.
Selling Excepted in Rpower Once 155 gone Gap of 142 to 147 needs to be covered so a tgt of 142 can be reached in coming sessions
Nifty can make new low in coming days and we can see a bounce from there Heavy FII selling is excepted in coming days Hold cash and enter with 25% of cash at 3700-3800 Levels.Only fill ur portfolio with large caps Reliance is a Buy around 1750 Levels UNITECH is a Value buy can see… Read More »