Indian Stock Market Newsletter | BSE Tips | Share Market Tips for Tommorow
38% retracement level which stands at 4916, 50% retracement level which stands at 4992 and only than the peak of 5000 level will be conquered. Keep watch on the level of Nifty 4822 which if broken means that down trend will last for some time till the budget 2010 is over.
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Jackpot Calls
The Jackpot equity tip results were stupendous and traders made a cool cash of Rs 4875 by trading two tips which were given.Day Trading India
Day Trading equity calls were equally cool as traders made a profit of Rs 11230.F&O Market
The calls were equally promising for our future and option traders as they made gains of Rs 18930.TEXMO Pipes and Products (TPPL) is coming out with a IPO of 50 lakh shares in a price band of Rs 85- Rs 90 and same will be used for its expansion and diversification plans. The same is open from 16 Feb to 19 Feb. The company proposes to invest the proceeds to expand its PVC pipes capacity by 66%.
United Bank of India IPO is opening wef 23 February, 2010. 5 Crore Equity Shares with a face value of Rs.10/- each for cash at a price to be determined through a 100% Book Building process.
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TATA Motors Global Sales Doubles.
LIC can't buy over 10% stake in companies: Source
Commodity Tip
If gold dips below $1080, than be ready for a down trend in the commodity and oil is surging on strong Euro.Global News
Google Donates $2 Million to Wikimedia.
Barclays beat forecasts with a near doubling of profits in 2009 to £11.6 billion ($18.20 billion), cheering investors with an improved balance sheet and boosting shares across the sector.
Vodafone launches World’s Cheapest Phone at $15. The phone will be launched in India, Turkey and African countries.
Breakthrough Decision
Mr. Kapil Sibal has suggested no pre-school before age of 4 !
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23% Failure Rate for IRCTC Transactions in Jan 2010. Thus these service providers have to wake up and ramp up their infrastructure.