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WE READY FOR ANOTHER 0.50% CUT IN CRR ON 15th March
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95% Chance of ANOTHER CRR CUT on 15th March
70% Chance 0.25% REPO RATE CUT
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The Union government is considering granting agriculture status to the seafood industry, including aquaculture. This old demand of the seafood industry is expected to be fulfilled in Union Budget 2012 , according to sources.
The seafood sector has an industry status and is under the control of the ministry of commerce.
Since fish farming is a fast growing business and similar to agriculture activities, the Seafood Exporters Association of India (SEAI) has been pressing this demand for quiet some time.
“The agri status will benefit the industry in a multifaceted ways,” said Ravi Reddy, president, SEAI. The fish production sector, especially aquaculture farms, are not getting sufficient loans from financial institutions. Once the status is granted, loans at lower interest rates will be easy and will benefit thousands of aquaculture farmers.
“The agri status will benefit the industry in a multifaceted ways,” said Ravi Reddy, president, SEAI. The fish production sector, especially aquaculture farms, are not getting sufficient loans from financial institutions. Once the status is granted, loans at lower interest rates will be easy and will benefit thousands of aquaculture farmers.
Because of inadequate finance and high risk in the production, insurance is also not provided to this sector. A majority of the aquaculture farms in the country are not yet insured, he added.
Also, power will be provided at lower rates, as in the case of farming. For the sea fishing sector, diesel might be available at subsidised rates for mechanised boats.
The country produced 145,600 tonnes of products through aquaculture yearly valued at Rs 3,585 crore in 2010-11.
Production increased 39.7 per cent as against 41,381 tonnes valued at Rs 1,054 crore in 2009-10
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What To Do Today........
Nifty....Today Face Resistence at......5325...5380...5455
Nifty.....Today Support at ....5155...5105...5065
Nifty Range...4200--------6600
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NEXT TGT FOR
WE SHORT NIFTY @6100 TGT 5350 / 4800
OUR 1 TGT HIT NIFTY 5350 OUR 2 TGT ALSO
DONE 4850
DONE 4850
Scammmmmmmmm Rumors Every where
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Our Opininon for Today's Market.......
1.Stock Specific Movement Expected Today ......
INTRADAY HOT STOCKS: 26/03/2012
sell dlf below 194 tgt 192/190/188 sl 198buy ab 98 OPEN
buy tata bo ab 275 tgt 278/282 sl 272 OPEN
sell sbi below 2170 tgt 2150/2130 sl 2190 buy ab 2200 tgt 2240 TGT HIT
buy yes bk ab 374 tgt 378/382 sl 372 SL HIT
sell nifty below 5220 tgt 5200/5175 sl 5240 buy ab 5340 TGT HIT
PAID CALL
BUY 5200 CA@ 54 TGT 70 TGT HIT
BUY 5400 PE@ 175 TGT 200 TGT HIT
SELL JSWST@ 742 TGT 735 TGT HIT
SELL TATA ST@ 449 TGT 445/440 TGT HIT
BUY KOTAK BK @ 530 TGT 534/538 TGT HIT
COMMDITITES
BUY SIVER@ 57000 TGT 57250/57500 TGT HIT
BUY GOLD@ 28150 TGT 28200/28258 TGT HIT
CURRENCY
BUY USD@ 51.35 TGT 51.45/51.55 TGT HIT
buy tata bo ab 275 tgt 278/282 sl 272 OPEN
sell sbi below 2170 tgt 2150/2130 sl 2190 buy ab 2200 tgt 2240 TGT HIT
buy yes bk ab 374 tgt 378/382 sl 372 SL HIT
sell nifty below 5220 tgt 5200/5175 sl 5240 buy ab 5340 TGT HIT
PAID CALL
BUY 5200 CA@ 54 TGT 70 TGT HIT
BUY 5400 PE@ 175 TGT 200 TGT HIT
SELL JSWST@ 742 TGT 735 TGT HIT
SELL TATA ST@ 449 TGT 445/440 TGT HIT
BUY KOTAK BK @ 530 TGT 534/538 TGT HIT
COMMDITITES
BUY SIVER@ 57000 TGT 57250/57500 TGT HIT
BUY GOLD@ 28150 TGT 28200/28258 TGT HIT
CURRENCY
BUY USD@ 51.35 TGT 51.45/51.55 TGT HIT
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