Mr.Dev Rajyaguru

Mr.Dev, has been in the forex and commodity markets since 1997. He’s one of the few non-biased investment advisors to have correctly called the current bull / bear market before it began and to have positioned his clients accordingly. As a result of his accurate forecasts on Indian commodity markets & currency, he is becoming increasingly more renowned. Mr.Dev has been quoted in many of the newspapers. He is a highly recommended technical analyst by many of the local financial newsletters and advisory services. He also is founder of commodity profit sharing service on Moneymunch.

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Guesstimate NSE – ABGSHIP

Buy ABGSHIP at 246

If crash then Keep stoploss at 244

&

Targets for the day are 255-258

AND

Time frame 2-4 days of trading

Targets are 262-268


Economy News : JSW Steel

TOKYO: India’s third largest steelmaker JSW Steel Ltd. is in talks with to take a stake in the Japanese firm in a bid to strengthen their ties, a report said on Monday.

Sajjan Jindal, vice chairman and managing director of JSW, told the Nikkei business daily that his company aims to hold an interest of less than five per cent in the JFE Holdings Inc. unit within one to two years.

The two companies have already begun talks on the planned capital investment, Jindal said, adding that JFE Steel said it was ready to accept JSW’s offer.

Talks are also covering technological assistance in such fields as steel sheets used in electrical equipment, Jindal said, adding that JSW may boost its production capacity by forming a joint venture with JFE.

steel

JFE Steel, the nation’s second-largest steelmaker, declined to confirm the report, saying in a statement: “Nothing has been decided on this issue.”

The firms formed an alliance in November 2009, with JFE spending around 90 billion yen (1.1 million dollars) to buy a stake of just under 15 per cent of JSW and agreeing to provide technology for auto steel sheets and steel mills.

Through the capital investment, JFE plans to boost ties with JSW and expand businesses in , where demand for crude steel is expanding rapidly.

JSW currently has a crude steel output capacity of 7.8 million tons a year, but plans to more than quadruple this to 32 million tons by 2020 through the expansion of current facilities and by building new mills in the states of West Bengal and Jharkhand.

The Indian steelmaker will spend four billion dollars to fire up the West Bengal mill by 2014 with annual production capacity of five million tonnes.

UPDATE: Silver, Is there no reason to sell it?

September 26, 2010 What I said about Silver? Just 4 day back… I had recommended Silver.

My level crossed and Kissed Rs.33200
I’ll Write More… Just wait for 3-4 days

Now, Watch sharply up progress of Silver and then real battle will begin.

Update more Commodity Stock detail to our Subscribers only

mcx lead intraday tips

UPDATE: MCX Lead – What to do?

September 28, 2010 What I said at Morning Time? Just 1 day back… I had recommended Commodity LEAD.

POWER OF CHART – Who can say anything else?

My level crossed Rs.102. Now, what to expect Do you know?

I’ll catch you later at Next Level.

Update more detail to our Subscribers only

MCX Lead – What to do?

If It KISS my support than what’ll happen do you know? Really don’t know…

Than lead say:

All I Seee…

In Hersszzz Touch…

zara zara buy me buy me…

O zara zara buy me buy me…

If it go below to my support than Lead say:

It’s my life

It’s now or never

I ain’t gonna live forever

I just want to live while I’m alive
It mean – Start Blood-raining with Lead… Don’t touch it.


Short term trader… Just watch Rs.100 level very carefully

Once crosses and closes around this level watch nonstop rally upto 102-104-105.5
Important key support at 99.5 level.
Now, what to expect from this level? What to do?

More updates subscriber only at market hour.

Buy NSE GODREJ 219-221

Godrej

GODREJIND

Buying may see 219-221
After cross 226 & stay for 5-min above it, so Targets 232-238 soon
Suppose to break 219 below for 10min. Exit & Go Sell & Sell Target 215- and future 209