US markets rallied on 2nd Jan. Europe also rallied. Asia has opened strong. I expect Indian Markets to open positive. Markets are bonded to test 10200 on Sensex. A smart pullback is expected. Don’t carry any longs. Trade minimal. Markets may give up all its gains in the later hours. Support for Sensex is at [...]
Last week markets remained up due to good global cues. I was shocked as US (Obama) is giving Pakistan 100 billion $ loan for its economic upliftments. US is actually playing double sided game. It is giving Pakistan this amount as it has supported its Afghanistan base. The Satyam and Maytas deal was called off [...]
US markets rallied. Markets are expected to be rangebounded for some time. Technically speaking I expect a break out to come. Asia has opned positive. Expect Indian markets to open a positive note. Markets may not be able to sustain its positivity. Nifty has a strong support at 2550 and a resistance for upmove at [...]
Indian Markets ended flat yesterday. US markets yesterday rallied as US Gov has plans to rescue Citigroup INC. Europe was up at an average of 10%. So expect Indian markets to rallie sure shot. More over Asia is trading positive. Today Sensex is bonded to cross 9000 Mark. Support for Sensex is at 8700 and [...]
I had recommended Suzlon Energy which is giving negative returns and had tumbled 13.8% yesterday.The reasons behind this fall are -Markets fell 6.6% i.e. 696 points.SEBI on Monday ordered investigation of Suzlon IPO.The stock rose 20% on Nov 3rd as the news came out that the company stake purchase of 22.48% in RePower was on [...]
Scrip – Suzlon Energy Ltd.BSE Scrip Code -CMP: – 70.70 Rs.Market Cap: – 10583.08 Cr.52 Week H/L: – 460.00 – 42.00 History -This company was started in the year 1995 by Mr. Tulsi Tanti who was primarily in the textile business and was introduced to wind energy through a wind power project that he had [...]