Europe News update

John Taylor's Open Letter To Greece: "Get Out Greece! Get Out Right Now!"Get out Greece! Get out right now! You should have moved two years ago; you missed that chance, but now it is much better than later. Summer vacations are being planned while we speak, you must move fast to get the biggest advantage out of bolting from the euro. Don’t let the next global recession bare its teeth. Investors still have money and they are interested in buying your assets when the prices are knocked down – each day you wait their value is deteriorating and you...

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PUNTER CALL 24 HRS UPDATE

FTSE-100 STOCKS FORECASTINGRoyalBank Of Scotland Group Plc:STRONG BUY2ndResistance Point28.9201stResistance Point 28.330LastPrice   27.7401st SupportLevel    26.8202nd SupportLevel   25.900VedantaResources Plc:STRONG BUY2ndResistance Point1330.3331stResistance Point 1290.667LastPrice   1251.0001st SupportLevel    1203.6672nd SupportLevel   1156.333Essar EnergyPlc :STRONG SELL2ndResistance...

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WORLD MARKET UPDATE- 2 FEB 2012 WORLD INDEX TECHNICAL ANALYSIS

DOW JONES : AGAIN WE ARE WRITING -DOW JONES ABOVE 12400- NO PROBLEM FOR BULL,IN THIS RALLY WILL TRY TO JUMP 12700-12800-MAXIMUM 12952,BUT BELOW 12600 WILL VERTICALLY FALL UP TO 12400 IS NOT RULED OUT............THIS RALLY IS MANIPULATIVE AND WILL NOT SUSTAINED FOR LONG TIME.MAIN REASONS:LIQUIDITY/NEWS DRIVEN +42 ELECTIONS WORLD WIDE+ DIFFERENT POLITICAL PARTY-WILL GIVE FALSE PROMISE OF ECONOMY RECOVER+BULL RALLY OF INFLATION +LOW GDP GROWTH WORLD...

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TARGET ACHIEVED: ON PUNTER CALL 2 FEB 2012

STOCK OF THE DAY IN INDIAN MARKETS:WE HAVE FORECASTED STCINDIA-  STRONG BUY  ON MONDAY+TUES DAY AND TODAY: GONE UP BY 35% STILL HOT"State Trading Corporation of India" UP BY 5%"Sesa Goa Ltd" UP BY 4.71%"MRF" UP BY 1.02%"Hindalco Industries" UP BY 3.27|%"Jindal Steel & Power" WAS UP BY 2% THEN CRASH PROFIT BOOKING"IDFC" OPEN IN OUR SELLING ZONE AND CRASH BY 4.71% ON PROFIT BOOK...

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Europe /US News update

$82 Billion Glencore Xstrata Megamerger NearIn what could be the biggest merger news of the year, Bloomberg reports that Glencore and Xstrata could be close to a merger:GLENCORE SAID TO BE NEAR AGREEMENT TO COMBINE WITH XSTRATAGLENCORE, XSTRATA MAY ANNOUNCE DEAL AS SOON AS THIS WEEKCOMBINED XSTRATA, GLENCORE MAY BE WORTH $82 BILLIONGLENCORE INT'L RISES AS MUCH AS 4.6% IN HONG KONGIt is unclear if this merger will suffer the same fate as the NYSE-Deutsche Borse, but if successful it will surely have a significant impact on commodity prices across...

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Indian Stock market News

8ReasonsWhyIndianandChineseEconomyisDoomedBy: Wayne Harrel|February 1, 2012You might have heard about rising China or rising economy of India and media freaking out about India and China are growing powers and stuff like that. The truth is that they won’t even go close to US economy, which I know is running under debt, that’s nothing new. US has been in the worse position before. Remember the great depression? When government brought...

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PUNTERS TIPS2 FEB 2012-INDIAN STOCK MARKET BULLISH AND BEARISH STOCKS

Nifty continued the up momentum and closed at 5235 nearing to the litmus zone. So today the first resistance for nifty is at 5258-63 level. Next resistance ranges are at 5283-88,5321-26,5345-50,5389-94,5430-35 levels. On downside first support is at 5207-02 level. Next supports are at 5188-85,5163-59,5147-45,5130-25,5108-05,5068-63,5049-45,5007-02,4990-85, 4963-60,4950-47,4907-02, 4872-68,4863-59,4842-38,4812-07 level.Nifty in track once...

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US NEWS UPDATE

US Adds $120 Billion In Debt Since Debt Ceiling Hike On Friday, $310 Billion More On Deck In Next Two MonthsRemember when the US hiked its debt ceiling on Friday courtesy of a formulaic 52 affirmative votes in the Senate, giving the Treasury $1.2 trillion in dry debt powder to attempt to grow the economy one more time according to the algorithmic fantasies of voodoo priests with pieces of Ivy League parchment on their walls? Well, two days later,...

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TARGET ACHIEVED: ON PUNTER CALL 1 FEB 2012

STOCK OF THE DAY IN INDIAN MARKETS:WE HAVE FORECASTED STCINDIA-  STRONG BUY  ON MONDAY+TUES DAY AND TODAY: GONE UP BY 30% STILL HOT"State Trading Corporation of India"              OTHERS STOCKS : GOING TO JUMP ON ROOF VERY SOONTODAY WE HAVE FORECASTED : MRF STRONG BUY HAS GONE UP BY 5%FROM 7920 TO 8350.  UNION BANK OF INDIA : GONE UP BY 3.3...

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WORLD MARKET UPDATE- 1 FEB 2012 WORLD INDEX TECHNICAL ANALYSIS

DOW JONES : AGAIN WE ARE WRITING -DOW JONES ABOVE 12400- NO PROBLEM FOR BULL,IN THIS RALLY WILL TRY TO JUMP 12700-12800-MAXIMUM 12952,BUT BELOW 12600 WILL VERTICALLY FALL UP TO 12400 IS NOT RULED OUT............THIS RALLY IS MANIPULATIVE AND WILL NOT SUSTAINED FOR LONG TIME (12-22 MONTHS) MAIN REASONS:LIQUIDITY DRIVEN +42 ELECTIONS WORLD WIDE+ DIFFERENT POLITICAL PARTY-WILL GIVE FALSE PROMISE OF ECONOMY RECOVER+BULL RALLY OF INFLATION +LOW...

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