November 30th, 2009 by op agarwal
TRADING STRATEGY FOR 1ST DECEMBER 2009
(Based on technical by O P AGARWAL)
Markets extend gains on strong Q2 GDP data
The market opened gap up yesterday on the back of strong cues from the Asian bourses after reports that UAE central bank offered additional liquidity to local and international banks in the UAE and reassured investors it [...]
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November 30th, 2009 by admin
Relatively recently, during a late-night Forex trading research session, one of the industry’s most respected trading educators made a discovery around day trading Forex that he’s finally ready to share with you…
-and from what I’ve seen, NO ONE I know is trading Forex like this (yet)… not to mention this completely turns traditional “day trading” on its ear…
He recorded a new training video this past weekend that “pulls back the covers” on this discovery & reveals how you can shield your portfolio from risk…
-especially if you’re inexperienced & have little time.
Watch it here:
http://www.customforextrading.com/y/?i=1057655&u=2&l=f80
THE BIG SURPRISE?
During his research, he confirmed what I (and others) suspected for a long time:
* The collapsing & struggling global economies are creating pressures that, in turn, are creating more profit potential than we’ve ever seen before in the Forex markets.
That may come as a big surprise, especially if you’re new to trading… but he explains in his training video why this is happening, and how you can get in on it.
You’ll also discover:
* How you can literally TRIPLE your profit potential when you use a little-known trick that has to do with the predominant trend…
* 2 strange “retracement tricks” most traders flat-out MISS, which, if you know how to spot them, can turn an otherwiselosing trade into a profit powerhouse…
* The huge “edge” you get over other traders when you discover how to, almost automatically, “throw yourself” in front of the highest-potential trend…
* The #1 key to trading Forex you MUST do EVERY SINGLE TIME before you place a trade before even thinking about profit. When you do this, you automatically “up the odds” that a profit will unfold…
* …and a TON more.
If you’re interested in Forex, or have even been a little “spooked” by what’s been going on in the markets, then this may be the most important trading video you’ll ever see this year.
Why? Because after you watch it, you’ll be SCRAMBLING to start trading Forex this way…
It finally brings flexibility and customization to Forex day trading so that ANYONE can have an “edge”, whether you only have 20 minutes to trade, or if you have all day. Your choice.
It’s awesome (and surprisingly simple)…
Watch it here:
http://www.customforextrading.com/y/?i=1057655&u=2&l=f80
Rob Trader - Forex Expert Article Source:http://www.articlesbase.com/day-trading-articles/new-forex-day-trading-discovery-video-1-1522150.html
http://tradingtoollist.co.cc/
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November 30th, 2009 by arun vrk
Cues from world markets and excellent set of GDP numbers made our markets to close well above the 5000 mark again. The recovery is thick and fast as expected. Rally may be non stop if the levels of 5140 is crossed.
After long time, markets are giving excellent opportunity for day traders to earn some risk [...]
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November 30th, 2009 by Praveen Agrawal
HOT FROM THE PRESS
* ECONOMY : 3Q CY09 GDP data to be released @ 11am.. consensus est @ +6.3% v/s
6.1% in 2Q CY09 and 7.7% in 3Q CY08
* BANKS : RBI has asked banks to furnish details of their direct & indirect
exposure to Dubai World.. seeks info on extent of defaults, if any, that [...]
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November 30th, 2009 by Praveen Agrawal
Tata Power
Hold
Price: Rs1,323 Target Price (Mar 11): Rs1,270
1H FY10 Consolidated Results
* Consolidated Sales flat PAT at Rs3.8 bn: Tata Power (TPC) reported
Sep qtr consolidated profits at Rs3.8 bn (down 29.3% YoY) on lower
exchange gains (Rs287 mn in 2Q10 vs. Rs764 mn in 2Q09) and higher tax
provisioning at 38.8% (vs. 16.4% in 2Q09). Higher taxes were [...]
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November 30th, 2009 by Praveen Agrawal
KEC International
Buy
Price: Rs564 Target Price (Sep 10): Rs675
Brighter quarters ahead
We met with the management of KEC International. Key takeaways:
* Strong order pipeline both domestic and international: KEC continues
to record healthy order inflows and has received Rs7.2 bn worth of orders
since October’09, out of which Rs5.1 bn are overseas orders. It expects
strong order inflows in the [...]
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November 30th, 2009 by Praveen Agrawal
Balrampur Chini
Hold
Price: Rs 126 Target Price (Sep’10): R
4QFY09 results lower than estimates
* 4ᾭ profits significantly below our estimates-Balrampur Chini’s
(BCML’s) 4QFY09 net profit of Rmn, up 544%YoY, was significantly
lower than our estimate of Rmn. This was mainly due to (a) lower
sugar volumes and realisation and (b) lower co-generation and distillery
sales than estimates. However, this was partially [...]
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November 30th, 2009 by Praveen Agrawal
Market Technical Analysis - Tough Times Don’t Last
The Nifty lost 111 points over the week to close at 4941. A
volatile last week for the markets as they rallied in the first half to
test our ST target of 5130/17200 only to turn overbought and
correct significantly in the second half. The knee-jerk reaction
last Friday has not done [...]
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November 30th, 2009 by Praveen Agrawal
RELIANCE
Weekly Trend Decider 2117. Down side support are 1000 and 984, higher level resistance 1047-1051-1068 -1075 to be watch out.
TISCO
Weekly Trend Decider 5547.Strong reversal from the lower level 513… now consider support are 520-510 …. If up move continue it will test 572. Likely test 611.
SUZLON ENERGY
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November 30th, 2009 by BLACK ROCK
Date: 1.12.09
Nifty (Spot) : Support 4837 - 4889 - 4943 - 4961 Resistance 5065 - 5085 - 5137 - 5209
Intraday Calls :
STER : Buy above 865 sl 859 Targets 875,880 Or if trades below 849 Short STER SL 855 Targets 839,830
JINDALSTEL : Buy above 693 sl 687 Targets 703,708 Or if trades below 682 Short [...]
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