Tuesday 18 March 2014

NIFTY BUY OR SELL FOR 19 MARCH 2014

VIEW ON NIFTY

BEARISH ONLY BELOW 6451 TGT 6169 STOPLOSS 6529

BULLISH ABOVE ONLY 6558 TGT 6678 STOPLOSS 6481 

Monday 17 March 2014

NIFTY BUY OR SELL CALLS FOR TOMORROW MARKETS

NIFTY VIEW :


Bearish, only if below 6438, target 6157; stop-loss: 6527.

            Bullish,  only if above 6545, target 6676; stop-loss: 6468.                          

IFCI MAY BUYS IDBI STAKE IN SHCIL

AS THE NEWS IFCI MAY BUYS IDBI STAKE IN SHCIL. ITS WILL HELP TO IDBI BANK TO REDUCE ITS SOME DEBTS OF COMPANY. AS WELL AS IFCI MAY ALSO COME SOME LOSS DUE PURCHASE OF SHCIL. AS PER THE MARKET SENTIMENTS NO USE OF TAKING STAKE OF SHCIL,IN SUCH TIME IFCI WILL COME IN MORE LOSSES.AND NOT ONLY INCREASE DEBTS BUT ALSO INCREASE EXPENSES OF THE COMPANY. IN 2009 NEWS COME THAT IDBI IS BUYING STAKE IN SHCIL AND FROM THAT DAY IDBI IS NOT GIVING ANY RETURNS TO HIS SHAREHOLDER BUT FROM THAT TIME ITS LOSSES TO SHAREHOLDER. SO ON THIS NEWS I THINK IDBI WILL BENEFITED BY SELLING ITS STAKE TO IFCI AND MAY IFCI WILL GET LOSS. SO BUY IDBI AND SELL IFCI , BUT FIRST COME WITH CONFIRM NEWS ABOUT THIS.