BANKNIFTY SPOT

BANKNIFTY SPOT

(Updated on 09-07-12 Time 08.00 AM)

Bulls dominate above 10525.

Below 10508 slide up to 10468.

10600-10565 are intraday support.

Above 10700 will take it to 10745-10801.

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NIFTY FUTURE

NIFTY FUTURE

(Updated on 09-07-12 Time 07.40 AM)

In last post we mentioned that below 5335 it

would touch 5302.

NF formed low at 5297.40.

Now for today…

Trading below 5320 slide up to 5306-5297.

If sustains below 5289 With volumes then

panic selloff may drive it to 5265-5240.

In order to continue the upside it has to

crossover 5340-5355 area decisively which

seems a little difficult.

If succeeds then expect 5376-5393-5413.

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World Markets: Is the Stock Market Ready to Rally?

All year anxious investors have faced a wall of worry including:
  • The endless European debt crisis,
  • Collapse of commodity prices (including crude oil),
  • Middle-East instability (Iranian nuclear threat, Syrian civil war, religious radicalization of Egypt)
  • Increased tax burden and job-killing effect of Obamacare
  • U.S. presidential election and  the impending “fiscal cliff” in 2013, promising automatic spending cuts and tax increases
  • Record-low U.S Treasury bond yields and an 18-week low in the Economic Cycle Research Institute’s Weekly Leading Index may signal a new U.S. recession
  • Chinese economic growth may be weak for “several years”
  • U.S. employment report for June was weak

Bottom line: I’m feeling more bullish.

Read More…

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Share Tips Updated on 06.07.12 at 09.30 am

Reliance Industry

Reliance Ind

BUY at 728-730 with stoploss below 724

Target=736-740-742

Bharat Forge

Above 310 bulls will dominate

expect 324-327-330

We enjoyed great run up and windfall gain

in Shri Ram Transport, Rcom, Lupin, GSPL,

JP ASSO.Kotak Bank, Yes Bank, Reliance Ind.

Sun Pharma, Siemens, Lupin.IGL,

Hind Petro, Adani Port and sail

Our Long counters  LIC Housing, Sun Pharma,

Siemens, Rcom, Lupin, Kotak Bank, Yes Bank,

Adani Port, IGL, Hind Petro and sail

are still looking hot

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Nifty Future tips on Jul 6, 2012

Nifty Future

(Updated on 06-07-2012 Time 08.20 AM)

We recommended to go long in NF at 5278 for

Target at 5362.

In last post we indicated that above 5333 NF would see

5355.
It formed high at 5354.50 and low at 5307.40 with lowest volumes of year.

Now for Today…

Crossover with volumes expect to reach at 5378-5393.
Yesterday we written that below 5313 it might
test 5290 and above 5320 would take it to 5333-5340.
Below 5335 if sustains then expect slide up to 5312-5302.
Below 5298 it may take support at 5290-5276.

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Let them wait

The problem: A lot of people come to ask you although not necessary. A problem that usually only a few people in a company have – but these few know it very well: They are known to have good knowledge in a lot of areas or have good knowledge about the company and it’s organization or environment. And so they get asked often and therefore get interrupted very often in their main work.

What often surprises most is that a lot of answers could have been easily found online (Google, Wikipedia, company intranet sites, e-mail in-boxes or archives and so on).

The reason: You are the most efficient way to solve their problems. When they look up the information somewhere else they have to think more and it takes longer. And maybe they at first have to think first where to look up (first). As they usually know already your phone extension or have their chair next to you it is the easiest, fastest, most efficient – and maybe also most reliable way to ask you.

Although this might be part of your daily job and might be a good motivation being such an esteemed person it may grow to a level where you cannot do your main job efficiently because you have too many other “little problems” to solve or “little questions” to answer.

Let-them-wait

The solution: Let them wait. If you let them wait a little for answers you are not the most efficient way for those little questions and problems that interrupt you more often. When they have to wait they will maybe “in the meantime” get an idea where to look up the information themselves getting there solution faster. – And the problem get solved without you.

If there are questions coming often not so easy to look up for them then write a documentation and publish it (on the internet or intranet or some wherever your company usually stores such information). When these questions come again you simply tell them to look it up. If your standard answer is “Look it up in our repository” it is even less attractive for them to call you because they could have looked up immediately without calling you.