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Gold posts biggest drop since 1980!!!!
Gold futures fell more than $100 on Wednesday, one of the steepest falls ever, as strong US economic data and expectations of more Federal Reserve stimulus accelerated profit taking from the safe-haven record high of a day ago.
The price of gold bullion is now more than $150 below Tuesday's all time high of $1,911.46 an ounce.
CME Raises Margin Requirements for Trading Gold Futures!!!!!
The CME Group on Wednesday raised maintenance margins for trading COMEX 100-ounce gold futures by 27 percent, effective after the close of business on Aug 25.
On Aug 10, the CME raised gold futures trading margins by 22 percent to $5,500 per contract.
QE3 Is Coming by Year End: Roubini
A third round of quantitative easing by the Federal Reserve is coming by year end, influential economist Nouriel Roubini Said.
"The reality is we’re heading toward recession, and one of the few policy bullets [the Federal Reserve] has left is monetary policy or QE3," Roubini said.
He said whether or not Federal Reserve head Ben Bernanke announces another round of quantitative easing Friday doesn't matter, it will be a reality later this year.
He noted that during the last Federal Open Market Committee meeting the Fed "discussed wide range of other options if the economy weakens" and further weak data could "be the trigger" for the Fed to take action at its next meeting Sept. 20.
While bad economic data on housing, jobs and home sales suggests a double-dip in the U.S., Ireland, Portugal, Italy and Spain "are already back in recession or never got out of the first one." Data also suggest France and Germany are in “borderline contraction” while the U.K. "has not had any economic growth for three quarters."
The investment ideas of Warren Buffett is most basic and simple to implement. The beauty of his investment ideas is that they are so easy and logical that at times peopleoverlook the same ideas even though it must have crossed their mind. These investment ideas of Warren Buffett has not only help the maestro to make billions but also stands as a guiding principles for every other investor of this world.
Warren Buffett’s investment ideas asks us to buy stocks of only those companies whose “fundamentals” are very strong and its stock is available at “undervalued price”. When we say strong fundamentals we mean a healthy financial report, unique product line which is run by exceptional managers.
Think Big TO EARN BIGGG
1.Falling rupee begins to hurt dollar investors!!!!!
Yes!!!!
The benchmark BSE Sensex fall 14.4 per cent, dollar investors have lost 18.07 per cent. Similarly, on the Nifty, dollar investors lost 18.47 per cent against the 14.84 per cent loss seen by local investors..
The rupee has been the worst performer among Asian currencies, losing 4.46 per cent during this period. The Korean won has lost 2.84 per cent. Most other Asian currencies have lost around 1 per cent. China’s renminbi and the Japanese yen have gained 0.84 per cent and 1.59 per cent, respectively.
Be Alert!!!!!!!!!!!!!!
Something not going good in market!!!!
Stay Cautious in Near Term!!!!!
Yes!!!!!!!
You All Know What Happened in Market!!!!!
Always..............track me Brings.......Accurate Idea of market Trends
When Street Talker Barking......
Street Talker Barking.....Nifty Can go 4800...4500...4200 Due to High Crude Price..........
Ongoing Scams Budget Worries
When.....................
1.Some Big Opertor Saying Sensex Heading to 14000-12000
According to a recent report by Morgan Stanley Research on emerging markets , the first half of the year will continue to be difficult in terms of returns but the performance is likely to improve in the second half of the year!!!
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What To Do Today........
Nifty....Today Face Resistence at....5020...5073....5140
Nifty.....Today Support at .....4850...4805...4725
Nifty Range...4200--------6600
TRACK ME RESEARCH......
NEXT TGT FOR
WE SHORT NIFTY @6100 TGT 5350 / 4800
OUR 1 TGT HIT NIFTY 5350OUR 2 TGT ALSO DONE 4850
Scammmmmmmmm Rumors Every where So Stay Away...
Our Opininon for Today's Market.......
1.Stock Specific Movement Expected Today ......
2.Midcaps Looks Good........
INTRADAY HOT STOCKS: 14/09/2011
BUY SUNPH @ 488 TGT 493/498 SL 485
BUY MNM AROUND 783 TGT 788/794 SL 777 SELL BELOW 774
BUY TCS @ 1115 TGT 1125/1040 SL 1005 SELL BELOW 998
BUY AMBUJA AB 145 TGT 148/152 SL 142 SELL BELOW 140
TTK HEALTHCARE
(Bse Ticker-507747 @ Rs.464/-)
TARGET
Rs.650/- Rs.900/-
ION EXCHANGE
(Bse Ticker-500214 @ Rs.146/-)
IIon Exchange India pioneered water treatment in India and is today the country's premier company in water and environment management, with a strong international presence. Formed in 1964, as a subsidiary of the Permutit Company of UK, we became a wholly Indian company in 1985 when Permutit divested their holding. We currently employ 1,000 people - multi-disciplinary teams of highly experienced professional managers technologists and scientists, supported by a widespread infrastructure in India and abroad.
SOLUTION OF INDIA'S WATER PROBLEM
TARGET
Rs.190/- Rs.220/-
La Opala RG Ltd
(BSE TICKER-526947@ Rs.103/-)
Yes!!!
Stock Also Included of Kirti'10 Stock!!!!
La Opala RG LTD it is the only well established name in the crockery business in the country. The product is being sold through departmental store, general utensils merchant and gift retailer. 15% of the revenue is derived from export. USA, UK, Spain, Belgium, France, Germany, Japan and Dubai are some of the countries where the company exports its product
TARGET
Rs.150/- Rs.400/-
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