— Wall Street Journal (@WSJ) August 31, 2015
“The production of too many useful things results in too many useless people.”
Last Close : 17273
Yes ,As Expected it crashed Vertically and at 10:20 ,Recommended and Boldly told :We are Sell NF ,BNF……
Today ,All Eyes on 17150——–17090 level.
Decisive Break with volumes below 17090 and stays for 15-20 minutes will CREATE PANIC PANIC .
From Lower levels……………Sharp Recovery ?
101% More Details to our Subscribers during trading hrs
Watch slide upto 459——————-455
Yes ,Now if Breaks 455 with volumes and stays below for 15 minutes :Unexpected selling will start.
Target :443 in minutes only.
-More Stocks ,More News to our Subscribers ,Updated at 8:58/31st August/Baroda/India
Difference between great traders & the rest isn’t magic entry points, instead they’re better risk managers & better at position management.
Last Close : 8022.70
Again A Great Friday ,Yes on Friday we had Boldly written if Opens around 8080-8130…….Go short with stop of 8137-8164
It kissed High of 8125 & Crashed…………………..(Vertically ).Now if u Don’t read and shout on Social Sites ..Then its your fault.
Then Boldly Told ..During Trading hrs.Below 8096,Our Targets were :8010-7981 level. (It kissed low of 7983 )
Decisive Break with volumes Below 7981 & stays for 15 minutes then ?
Slide Upto 7895————-7866 is possible in hrs (This too already mentioned on Friday )
Minor Support levels @ 7962————-7951.
Thirsty Traders ,If 7951 is Broken watch PANIC upto 7896 in minutes only.
Hurdle at 8053———8062 level.
101% More Details ,Intraday Trading levels to our Subscribers during trading hrs
Updated at 8:20/31st August/Baroda/India
In a setback for the ruling National Democratic Alliance (NDA), which has been attempting to make it easier for industry to acquire land but has failed to convince the Opposition, the amended legislation would be fair to farmers, the government will not repromulgate the Land Acquisition Bill. The Bill is set to lapse on August 31.
Prime Minister Narendra Modi said on Sunday the government was willing to make changes to the Bill and accept suggestions that were in the interests of farmers. In an address to the nation, broadcast on radio, the PM said, “I have decided that the ordinance be allowed to lapse. This means that the situation stands where it was at the time that my government came to power.”
The government’s inability to push through the contentious land legislation comes as a blow to its reform agenda and will not merely delay capacity building but could also hamstring the much-hyped smart cities programme.
However, political experts believe the government is giving up on the land Bill to instead rally support for the Goods and Services Tax (Constitutional amendment) Bill in Parliament so as to be able to meet the April 2016 deadline.
The BSE benchmark Sensex seems to be under-reporting the extent of pain gripping the broader market. Nearly a third of the BSE 500 companies (176 stocks) have lost all the gains they made since the Narendra Modi-led government took charge at the Centre on May 26 last year. And, more than 10 per cent (40 of 498 companies) have lost at least half their market value during the past 15 months.
The biggest losers have been infrastructure companies, metal makers, power generators, sugar companies, real estate developers and oil & gas companies, among others. The losses came at a time when, incidentally, infra and capital expenditure-related companies were supposed to be the biggest beneficiaries of the Modi government’s infra spending push.
Benchmark indices, however, are still in the green when compared with their levels on May 26 last year. The Sensex has risen 6.8 per cent during the period, while the National Stock Exchange’s Nifty is sitting on gains of 8.7 per cent. The rise in the more broad-based BSE 500 is even higher, at 13.2 per cent, thanks to a stronger rally in mid- and small-cap stocks than the large-cap ones.
For example, Bhushan Steel is now down 87.5 per cent from its closing price on May 26 last year. Infra and cement major Jaypee Associates’ share price is now at an all-time low, with the firm losing 87 per cent of its value during the past 15 months. It is now trading at Rs 9.73 a share, compared with a closing price of Rs 75.5 on May 26, 2014.
Among other big losers, Unitech is down 79 per cent, Jindal Steel & Power 77 per cent, Amtek Auto 73 per cent, Renuka Sugar 70 per cent, IVRCL 68 per cent, Vedanta 66 per cent, GMR Infra 65 per cent, Adani Power 63 per cent, Reliance Power 61 per cent, GVK Power & Infra 59 per cent, Oriental Bank of Commerce 60 per cent, Cairn India 59 per cent, Reliance Communications 59 per cent, Uco Bank 58 per cent, Reliance Infra 51 per cent, Tata Steel 51 per cent, Hindalco 45 per cent, Tata Power 40 per cent, ONGC 40 per cent, Tata Motors 22 per cent, NTPC 22 per cent, Reliance Industries 21 per cent, Coal India 11 per cent, and ITC five per cent.