Mr.Dev

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 (Analysis) of 05-10-2010

BPCL

Unexpected buying may start: 760-763

Targets are 775-779 & 784 above for Intraday

(Above 771, just watch by your both eyes, stock will zooooooooooom to kiss 778)

Short Term: 795-805

If cross 761 below & stay for 10min. Exit 50% of traded share and remain hold for delivery

…….

Axis Bank

AXIS-Bank Fut.

Selling Levels are : 1595-1602

Go For targets 1575-1568 and also 1552-1558 for Intraday

Short Term Targets can sell 1528-1539 and 1500

If cross 1600 and stay for 5min. don’t wait Exit from it…

More share Update & daily newsletter Time by Time for Subscribers only due to market hrs…

Intraday Tips : RELCAPITAL

Reliance Capital

Stay above 809 for 5min. from now…

so buy and stay for targets 824-827

and if stay above 825 for 5min.

so wait for targets 834-844 Positional & Intraday

If not stay above 808, so don’t wait exit from it

Intraday Stock Newsletter: Buy ABB

Just Buy ABB at 942-944.5

The target of the days are 955-958 and 976-985

If crash 941 below and stay for 5min.so don’t wait exit from it!

Otherwise just start cont money it’s a big money munch..!!

more details at exect time & exect level & daily stock views and newsletters to our subscribers only

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.

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