09th July’14 Banknifty Future levels
Banknifty Future Closed : 15091
Today’s BNF facing Resistance 15150 & 15250 levels
If trade above 15250——– will move 15400
But higher level stay caution and Sell with stop-loss of our every Resistance level
Today’s Supports 14930……..
If stays below 14930………. we see another Free Fall upto 14775 levels
More update to our clients only
CANBANK strong support at 418
If stays below the level……….. we see Fall upto 412 & 407 levels
Updated : 08.46am / 09th July’14
09th July’14 Hot Calls
AUROPHARMA
AUROPHARMA strong support level 720
Closely watchout this level…….. once if breaks the level
We see another panic upto 714 & 707 levels thereafter 690
CESC
CESC Yesterday fall upto 8%
Today also can sell around 725
Down side Targets 700 & 690 level
Keep tight stop-loss 740
SUNTV
SUNTV now near by Breakout level
Today once if crossover the level
Rally will be expected upto 485 & 492 from our alerts!!
Which level will be break ??
Clients special call
Updated : 08.41am / 09th July’14
India to grow at 5.3% in current fiscal: Ficci
Ahead of the Economic Survey, industry body Ficci today lowered its GDP growth forecast for the current fiscal, pegging India’s economic expansion rate at 5.3 percent compared to its 5.5 percent previous estimate.
This is mainly due to bleak prospects for performance of the agriculture sector due to sub-par monsoon forecast. “FICCI’s latest Economic Outlook Survey puts across the GDP growth estimate for the year 2014-15 at 5.3 percent, with a minimum and a maximum range of 4.9 percent and 5.8 percent,” a statement said.
The survey forecasts fiscal deficit to GDP ratio at 4.5 percent in 2014-15, breaching the target of 4.1 percent set in the interim budget. The survey pegs industrial growth for 2014-15 at 3.1 percent and agriculture growth at 2.1 percent.
Further, services sector growth is expected at 7 percent, marginally higher than 6.8 percent recorded in 2013-14. On the inflation front, participating economists expect prices to remain beyond the comfort zone, expecting the El Nino effect to fuel inflationary pressure going ahead, Ficci said.
On dealing with the price situation, the economists felt that the government has little choice but to strengthen supply side infrastructure and pointed out the immediate need to ease distortions in supply of food articles from farm to market.
Elaborating on the measures to boost economic growth, the survey respondents asked for a clear roadmap for roll out of Goods and Services Tax and review of the Direct Tax Code with a view to widen the tax base and rationalising exemptions.
It also asked the government to chart out a path to contain subsidies and switch the focus from non-plan to plan expenditure, while putting across a roadmap for disinvestment. Besides, it recommended firming up the growth in the manufacturing sector to aid employment generation and to boost infrastructure spending, along with faster implementation of stuck projects.
Diesel subsidy to fall 25% this fiscal to Rs 1 tln: Fitch
Global ratings agency Fitch today said the regular increase in diesel price to align it with market will lead to a 25 percent fall in fuel under-recoveries this fiscal at about Rs 1 trillion (Rs 1 lakh crore).
“The decline in the under-recoveries which is the difference between the market price and the price set by the government will be led by a drop in under-recoveries for diesel, due to the gradual increase,” it said.
The price of diesel has increased at average Rs 4.1 per litre in the first quarter of the fiscal against Rs 8.5 last fiscal. The rating agency said the only risk to this assumption is sharp rise in the global oil prices. The agency said production in Iraq, the second largest producer of crude after Saudi Arabia, will be affected if the ongoing unrest spreads to southern part of the country. Iraq is also the second largest source of crude for India.
This apart, the key developments to watch out for are the policies adopted by the new government and any increase in the share of under-recoveries that upstream companies may have to bear, it said. In the run-up to the budget to be presented by Finance Minister Arun Jaitley the day after, analysts have been saying fuel subsidies are on the way down but subsidies on fertilisers and food need to be watched out for.
The rating agency said the government is unlikely to go in for a hike in cooking gas and kerosene prices, fearing stoking inflation. Reinstatement of subsidy transfers through the direct benefit transfer, halted in March, will also reduce the under-recoveries of oil marketing firms and reduce subsidy burden on explorers.
Nifty Future cracked 185 points……Morning writing & given Red alert FII’s sold 900cr
Nifty Future cracked 185 points!!!
Morning we writing & given Red alert!!!
Yesterday FII sold 900cr…………. See now impact of selling figure 900cr
Our clients get more benefit from flyingcalls team
Yes, Having profits 90 points!!!
Market up or down………. no problem
Minted Money only!!!
That’s our Power of charts……………
Updated : 03.36 / 08th July’14
Nifty Future Total Profit 90 Points from Three alerts!!!!
Just check our alerts click here
Third alert Sell Nifty Future below 7735 Target given 7700 7680
Booked Profit at 7795……….. 40 Points Profit
Last Two alerts Profits 50 + 40 : 90 Points Profit Booked!!!!
Who is given 90 Points profits in single session ??
U know our clients Enjoyed every days & every minutes
Lets see Dance & Enjoy!!!
Updated : 02.39pm / 08th July’14