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The slide in the Indian rupee to record lows against the dollar this week has sparked some debate in India as to whether the launch of the currency's new symbol last year on an inauspicious day is the real reason behind the rupee's pain.

According to reports in the Indian press, experts on vastu shastra, an ancient Indian practice similar to feng shui, the new symbol for the rupee was launched on an inauspicious day for the stars and the horizontal lines across the symbol appear to "slit the throat" of the currency.

The rupee hit a record low on Thursday at 65.56 per dollar and is down about 17 percent this year, with analysts attributing the move to an outflow of cash from emerging markets as investors anticipate an unwinding of U.S. monetary stimulus.

It has overtaken the yen as the world's worst performing major currency this year.

The economy and company bottom lines aren't a complete washout - excellent monsoons have set the stage for bumper harvests in October and that, in turn, will lead to higher rural incomes and spending. India Inc majors are saying it is rural India - home to roughly 700 million people - to the rescue as urban India feels too gloomy to spend more.

Reason For Cheer

1.Monsoon Rain is Above Normal in Most Part of Country.

2.Farm Area Expended by 9%

3.Over 65% Indian Live in Rural India.

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Would anyone in their right mind go from Delhi to Jaipur via Sao Paulo? Or travel from Mumbai to Port Blair via Dubai? The suggestion is crazy, you might say. But this is precisely what a couple of top PSU officials have done to claim their leave travel concession (LTC).

More and more such bizarre examples of LTC abuse are coming out since TOI broke the scam on Thursday. As the scope of the investigation, which has been referred by the CVC to the CBI, is widening, sources say the magnitude of the rip-off is simply growing.

Coming back to the worthy who needed to travel just 520 km - the distance from Delhi to Jaipur and back - but apparently ended up travelling over 28,884 km - the distance from Delhi to Sao Paulo and back - and more, as he went to Jaipur too, the route he devised is an example of a really ingenious mind.

He took off from Jaipur, landed in Mumbai, and from there flew to Sao Paulo in Brazil (obviously with a stopover or two, as there's no direct Mumbai-Sao Paulo flight) and finally reached Delhi, via Mumbai. If he had indeed undertaken this journey, what would have normally been a 45-minute Delhi-Jaipur flight became an odyssey of anything between 48 and 72 hours.

Obviously, he wouldn't have done anything as silly. What is equally obvious is how far government and PSU employees are going to fleece the government in the name of availing LTC.

The Central Vigilance Commission is believed to be verifying this particular case. Sources said when the details of this circuitous trip emerged those who were supposed to take action recommended that the executive be let off without any punishment. Now in the wake of more evidence emerging of LTC misuse, the CVC has ordered a re-examination of the case, sources said.

In Shipping Corporation of India (SCI), where over 100 officials are facing probe for falsifying LTC claim, one senior official responsible for clearing LTC payment actually claimed that she travelled from Port Blair to Mumbai via Dubai. The bizarre travel claim is only one of the many that were approved by SCI without any questions being asked.

The particular officer who claimed that she travelled from Port Blair to Mumbai via Dubai claimed Rs 131,653 in 2009 for the alleged travel for herself, husband and their daughter, according to documents available with TOI.

On August 16, the TOI reported that the CVC had called in the CBI to investigate the scandal. Among those facing probe are officials in the Rajya Sabha secretariat, ordnance factory board and at least 150 employees of SCI. Most of the SCI staffers under scrutiny are senior executives including a former chairman and a director who submitted forged or exaggerated tickets issued by two private travel agents based in Mumbai.

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Heading to Life Time Low!!!!!

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From Last 4 Months We Were Shouting Rupee Heading to 63-64 Against Dollar!!!!!

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Our Target Reach Yesterday!!!!

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1.We r Seeing Dollar story to end Soon!!!!

2. Anytime Big Fall In Dollar Can Start!!!!!

Shiv Vani Oil

The stock of Shiv-Vani Oil and Gas Exploration Services dropped to its 52-week low on Wednesday on fears of the company defaulting on its loan repayments.

There are reports that the oil and gas industry contractor has defaulted on foreign loans to the tune of Rs 480 crore. The foreign lenders have slapped a winding up notice on the company.

On July 1, the company informed the BSE that it has initiated discussions with its lenders to restructure its debts through the Corporate Debt Restructuring mechanism. “The restructuring of debt will result in improvement in the liquidity of the company and strengthen the core operations of the company which will lead to value addition of the stakeholders in the long-term.

The overall slowdown in the economy and the general liquidity crunch, have taken a toll on almost every other stock listed on the NSE. An analysis indicates that over 45 per cent of the stocks listed on the National Stock Exchange are now ruling below their 2008 lows. Yet, the benchmark NSE index Nifty, which closed at 5,685 on Monday, has fallen just 10.57 per cent from the all-time high of 6,357 it hit in January 2008.

While infrastructure, banking, realty and a few other new economy sector shares have touched new lows, the bears have not spared even some large-cap old economy stocks. For instance, Coal India, which launched its public issue in 2010, saw its stock hit an all-time low of Rs 248 on Monday, a shade above its IPO price of Rs 245.

For many mid- and small-caps, the fall has been a whopping 70-90 per cent. Within four years, many of these sought-after shares have turned into below-par stocks, while some large-cap stocks have become mid-caps.

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We r Barking From Rs.400/- Exit From This Dabba Stock

Stock Already Fall Almost 50%

Now Real Horror To Start We Ready For Below 100

Alert:----

Forget TATA STEEL FOR Next 5-10 Year For Investment Stock

We r Barking From Rs.60/- Exit From This Dabba Stock

Stock Already Fall Almost 90%

NOW ONLY Rs.7/- REMAINING

Alert:----

SOONER OR LATER SUZLON WILL AVAILABLE BELOW Rs.1/-

We r Barking From Rs.180/- Exit From This Dabba Stock

Stock Already Fall Almost 50%

NOW STOCK TRADING AT Rs.100/-

Alert:----

CLOSING BELOW Rs.101/- WE READY FOR Rs.25/-

Yesterday

Stock Close Beow Rs.101/-

NO IF & BUT

In Short Term Anything Can Happen!!!!!

Stock Can Rise As Short Covering Rally!!

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FROM MARCH LAST WE R SHOUTING EXIT IN MMTC & WARN YOU TIME TO TIME IN LAST 5 MONTHS

WHAT HAPPEN IN MMTC ?

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IN March MMTC Trading at Rs.350/-

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WE BOLDLY GAVE TARGET FOR THIS STOCK TO Rs.25/-

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Yesterday Stock HITT Low Of Rs.50/- Fall Almost 90% From Our Exit Call!!!!

For the past two years, as regular readers you know, We have been bearish on hard commodities. Prices may have dropped substantially from their peaks during this time, but We don’t think the bear market is over. Wethink we still have a very long way to go.

There are five reasons why We expect prices to drop a lot more!!!!

First, during the last decade commodity producers were caught by surprise by the surge in demand. Their belated response was to ramp up production dramatically, but since there is a long lead-time between intention and supply, for the next several years we will continue to experience rapid growth in supply. As an aside, in our many talks to different groups of investors and boards of directors it has been our impression that commodity producers have been the slowest at understanding the full implications of a Chinese rebalancing.

Second, almost all the increase in demand in the past twenty years, which in practice occurred mostly in the past decade, can be explained as the consequence of the incredibly unbalanced growth process in China. But as even the most exuberant of China bulls now recognize, China’s economic growth is slowing and We expect it to decline a lot more in the next few years.

Third, and more importantly, as China’s economy rebalances towards a much more sustainable form of growth, this will automatically make Chinese growth much less commodity intensive. . Even if China is miraculously able to regain growth rates of 10-11% annually, a rebalancing economy will demand much less in the way of hard commodities.

Fourth, surging Chinese commodity purchases in the past few years supplied not just growing domestic needs but also rapidly growing inventory. The result is that inventory levels in China are much too high to support what growth in demand there will be over the next few years, and We expect Chinese in some cases to be net sellers, not net buyers, of a number of commodities.

And fifth reason in United State QE 3 to end soon . As per market expectation QE3 in America to end before year 2015 .This will effect commodity demand.

This combination of factors – rising supply, dropping demand, and lots of inventory to work off – all but guarantee that the prices of commodities will collapse. We expect that certain commodities, like copper, iron ore coal and Crude will drop by 30% - 50% or more in the next one to three years.

BUT HOW CAN IT BE WON????

FOR THIS JUST JOIN

(Train For Every Investor)

IF YOU TRY!!!!!!!!

.............YOU MAY WIN OR YOU MAY LOSE.........

...............IF YOU NOT TRY YOU NEVER WIN ..............

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 timespeople overlook 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 stocksof 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

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What To Do Today..........

Our Opininon for Today's Market.......

1.Market Looks Volatile.....

1.Some Insider Say NIfTy go up to 6200

What To Do Today........

Nifty....Today Face Resistence at......5488...5555..5598

Nifty.....Today Support at ...5405...5355...5212

Nifty Range...4200--------6600

TRACK ME RESEARCH......

NEXT TGT FOR

Sell Nifty Around 6200/6300

Our Opininon for Today's Market.......

1.Stock Specific Movement Expected Today ......

2.Midcaps Looks Good....

INTRADAY HOT STOCKS: 27/08/2013

buy jswst sl 537 tgt 552/558/565

SELL AXIS BK SL 958 TGT 920/900

SELL IDFC SL 98 TGT 92/90/88

BUY PNB SL 475 TGT 485/490

BUY HINDALCO SL 101 TGT 108

SELL YES BK SL 268 TGT 252/230

BANKING LOOK WEEK sell up side

buy zeel sl 224 tgt 235/240/251/255

USD seen 62/63/64/65soon..

UP SIDE WE HAVE EXIT CHANCE NO FRESH BUYING

L&T FINANCE HOLDINGS

(BSE TICKER-533519@ Rs.83/-)

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RBI TO ANNOUNCE NEW BANK LICENCE SOON

L&T HOLDINGS EXPCTED TO GET FIRST BANKING LICENCE !!!!

Rs.120/- Rs.150/-

Alert:- Our Subscriber's Long in Stock!!!

ZEE ENTRTAINMENT
(Bse Ticker-505537@ Rs.242/-)

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BIGGEST BULL RUN YET TO START!!!!

TARGET

Rs.800/- Rs.1200/-

NO IF & BUT!!!

FIRSTSOURCE
(Bse Ticker-532809@ Rs.13/-)

TARGET

Rs.17/- Rs.21/-

CYBERTECH SYSTEMS
(Bse Ticker-532173@ Rs.15/-)

Great Breakout On Chart!!!!!

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A 10% Dividend Paying Company

On Friday Last Stock Give A Excellent Breakout on Chart Closing Above Rs.13.50 Stock Give Trendline Breakout!!!!!

What to Do Now!!!!

We See Now Next Level For Stock Rs.16.40/-

If Stock Manage to Close Above Rs.16.40/-

Big Upward Jouney May Start!!!

TARGET

Rs.21/- Rs.27/-- SL Rs.9/-

FOURSOFT
(Bse Ticker-532521@ Rs.19/-)

On 10th August Company Declare Excellent Result !!!
BUT MAJOR DEVELOPMENT ABOUT COMPANY ON SALE OF SOFTWARE DIVISION!!!!!

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Company Sale Its Software Division at Rs.260cr

Alomost 300% From Friday's Market Capitalization!!!!!

We Expect Company to Decalre Atleast Rs.20/- Special Dividend!!!!

Rs.32/- Rs.50/-