CRUDE-NG-COPPER

As Expected

CRUDE MCX : Yesterday Recommended to Sell @ 4718 level ………………….Today Crashed to kiss low of 4554 level.

Natural Gas :Recommended to Buy @ 266 & Forget……………Just see ,Today it kissed  280.90 level.

Copper ,Nickel :Both Falling………………..Recommended yesterday Night to sell !

What else u want in life ?Technically Yours/ASR TEAM/BARODA

 

TREND-27111

Optimism means expecting the best, but confidence means knowing how you will handle the worst. Never make a move if you are merely optimistic.

Optimism can be a speculator’s enemy. It feels good and is dangerous for that reason. It produces a clouding of judgment. It can lead you into a venture with no exits. Even when there is an exit, optimism can persuade you not to use it.
You should never make a move if you are merely optimistic. Before committing your money to a venture, ask how you will save yourself if things go wrong. Once you have that worked out, you’ve got something better than optimism. You’ve got confidence.

running

Now ,World Running for our Darling Stocks like :TATA COMM ,IGL ,ASIAN PAINTS

But Those who are Holding and Trade with our levels and Strategy Minted Tons of Money

As Expected PETRONET BLASTED ,BATA ,COLGATE ……………Melted and CRASHED !

ADANI ENTERPRSES

Watch :448 level……………..Crucial Support

Break with volumes will take to 434——430 level in hrs only.

110% Manipulative stock ,on Rise ….Sell Sell !!!

asian paints-

Remember 61 point Triangle ??

61 + 669 = 730 

Yes ,Still U can Buy…………………!!!

hindalco1

Laxman Rekha @ 173

If able to close above 173 for 3 Consecutive days +Weekly close ,We see BLAST upto 

184——————–188 level !!

ITC-ASR-LOGO

Watch :366 level………………………….!!

Crossover with volumes and stays above will take to 371—373 level.

HLL-ASRBig MOVEMENT ……………….Today on card

Yes to Control Nifty + Manipulate………..Watch very closely !

MRF-ASR

Above 33155 level……………………………….????

Blast upto 33530—————–33655 & there after SKY is limit !!

101% More Stocks ,More Details to our Subscriber ,Updated at 9:12/27th Nov/Baroda

 

BANK NIFTY

 

Government’s view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidise it.

Last Close : 17984

YESTERDAY WRITTEN-

Below 18091 level ,Our Target for Bank Nifty was 17948–17900 is possible in PANIC

Yes ,It kissed low of 17905 & taken U-turn !!

sms-3rd Dec

Intraday our Buy Call :Catch BNF above 18037 with Target of  18117–18143 level.

Yes ,it kissed High of  18155 level and Crashed again.

This is all power of chart ,Nothing else

Now -What to expect

Support at 17948———————-17900 level.

Break below 17900 with volumes and stays for 15-20 minutes then ??

Hurdle Intact : 18037,Crossover will take to 18117——————18143

Above 18143 if stays then ?

101% More Details to our Subscribers During trading hrs

SKS-HOT

Above 345 level……………………GRAB IT !

Watch Blast upto 349—–352 level.Now Once crosses 352 with volumes and stays above ……

Watch Short Covering Rally upto 362-365 in hrs only.In Panic ,Buy and Hold for 24 hrs

DLF-7JAN

From 117 level ,We are Bullish with Targets of 131————-144———————-156-159 level.

110% Stocks is Manipulative ,Just see from 99 to 154 in 7 weeks (What u think …Fundamentals changed ?? )

101% More Stocks ,More Details to our Subscribers

Updated at 8:44/27th Nov/Baroda

 

NF-2711

A hunch can be trusted if it can be explained.

Though intuition is not infallible, it can be a useful speculative tool, if handled with care and skepticism.

If you are hit by strong hunch – put it to the test. Trust it only if you can explained it. That is only if you can identify within your mind a stored body of information out of which that hunch must reasonably be supposed to have arisen.
Be wary of any intuition that seems to promise some outcome you want badly.

YESTERDAY WRITTEN-

To Watch 8446 & Low of  8437 level…………..If Breaks then more panic !

NF kissed low of  8443.90 & taken U-turn 

sms-3rd Dec

Watch 8437 as Support and Buy.Above 8469 level……..We see Rally upto 8495—–8515–8521 level !!

(Yes ,Intraday zoomed to kiss High of 8513 level and closed at  8479 )

Just With Trading levels and Strategy :Very Easily U can Mint Money……No Need to Look @ Blue channels ,Economy ,Fundamentals…Nothing !

Now -What to expect

No Need To Change levels @ all.

Hurdles at 8495….Crossover will take to 8515-8521

Yes ,Above 8521 level if sustains watch Rally upto  8540—8546

SUPPORT POINTS

8456—————–8446 are Support Points.

Decisive Break with volumes below 8446 and stays for 15 minutes will take to 8414-8404 in minutes

8390—Is Major Support.

ALERT-ASR

Today -A Very Volatile Session + Manipulative too  

101% More Details to our Subscribers During Trading hrs

Updated at 8:13/27th Nov/Baroda

 

Moody’s Investors Service has affirmed Indian Overseas Bank’s (IOB) senior unsecured and local currency deposit ratings at Baa3, reflecting the high likelihood of support that senior creditors of IOB can expect to receive from the Government of India (Baa3 stable). 

At the same time, however, Moody’s has lowered IOB’s bank financial strength rating (BFSR) to E+ from D-, which is equivalent to a baseline credit assessment (BCA)of b2, two notches lower than the previous BCA. 

The outlook for all the above ratings is stable. 

RATINGS RATIONALE 

The lowering of the standalone BCA captures IOB’s weakening asset quality and capital profile, whereas our decision to maintain the long term rating at Baa3 reflects the high likelihood of government support for the bank’s depositors and senior creditors. 

For the quarter ended 30 September 2014, IOB reported an increase in non-performing loans (NPL) to 7.35% of gross loans from 5.84% in the previous quarter, and an increase in standard restructured loans to 7.85% of gross loans from 7.23% in the previous quarter.  >> Read More

 

Government has  finalised details of a package to rescue 16,000 MW of gas-based power plants lying stranded as it looks to increase supplies by raising generation without burdening consumers.

 Power Minister Piyush Goyal met Petroleum Minister Dharmendra Pradhan on Wednesday to chalk out the rescue package that may involve rescheduling of loans to power companies as well as making available fuel at affordable price through means like pooling of average cheaper domestic gas price with costly imported LNG.

The two ministers did not divulge details of the rescue package finalised today which may need the Cabinet approval.”Today’s meeting was a precursor to final decisions which will be taken very fast,” Goyal told reporters here after the meeting.”We are drawing up plans to increase the generation of power, to put national assets to good use and keep the energy cost affordable with a sustained policy framework,” he added. >> Read More

 

Attorney-general Mukul Rohatgi has asked the income tax department to desist from filing an appeal against the Bombay high court ruling that Vodafone is not liable to pay a tax demand of Rs 3,200 crore in a transfer pricing case.

“I have asked the income tax department to accept the judgment of the high court. I have said in my opinion don’t file an appeal,” Rohatgi said in New Delhi.

He said he was in agreement with the view of the Central Board of Direct Taxes (CBDT) chairman in the matter. “I have concurred with the view of the CBDT chairman,” Rohatgi said.

His opinion comes in the backdrop of reports that the I-T department was keen on challenging the October 10 verdict of the high court.

The high court had given a big relief to the UK-based mobile service provider by ruling that it was not liable to pay a tax demand of Rs 3,200 crore in a transfer pricing case.

The I-T department had asked the company to pay an additional tax alleging that it had undervalued its shares in subsidiary Vodafone India Services in 2009-10 while transferring them to a Mauritius entity, a holding company.

Transfer pricing is the practice of arm’s length pricing for transactions between group companies based in different countries to ensure a fair price — one that would have been charged to an unrelated party — is levied. >> Read More

OPEC: The prisoner of Vienna

27 November 2014 - 6:19 am
 

Arthur C Clarke liked to say that any sufficiently advanced technology is indistinguishable from magic. Well, any sufficiently disorganised cartel is indistinguishable from a prisoner’s dilemma. Consider Opec.

An organised cartel fixes prices. It also throttles the competition. Opec, which controls four-tenths of the world’s oil production, has done its part for high prices recently. After 2010, Opec’s largest producer, Saudi Arabia, had a production cost under $10 a barrel, while Brent crude traded over $100 a barrel, on average. They could have pumped more, driven prices down and made more money in the short term. They chose not to.

But Opec left prices so high and for so long that the competition flourished. Oil at $100-a-barrel rendered higher-cost projects such as US shale viable. And it encouraged fiscal reliance on high prices among Opec and non-Opec state producers, making it painful for any of them to cut production.
>> Read More

Merkel offers Russia trade olive branch

27 November 2014 - 6:01 am
 

German chancellor Angela Merkel on Wednesday called for trade talks between the EU and a Russia-led economic bloc as a way of maintaining dialogue with President Vladimir Putin – and of countering claims her Ukraine policy is too tough on Moscow.

German officials believe the proposal could help ease tensions if the terms of a ceasefire agreed in Minsk in September can be implemented. Discussions between the EU and the Eurasian Economic Union are unlikely as long as fighting continues in breakaway regions of eastern Ukraine.

“We are ready for talks between the Eurasian Union and the EU on trade issues,” Ms Merkel told the German parliament. The German chancellor floated the idea in a long late-night meeting with Mr Putin during her recent visit to the G20 summit in Brisbane.

While much of this four-hour encounter focused on the differences and lack of trust between east and west, Ms Merkel took the opportunity to air a plan focusing on possible future co-operation rather than the current conflict. Jean-Claude Juncker, European Commission president, later joined their meeting.
>> Read More

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Technically Yours,
Team ASR,
Baroda, India.