Wednesday, November 24, 2010

AS PREDICTED BY US BRAZIL BOVESPA FALLEN TO 67728

ON 09.11.10 WE PREDICTED THAT THE LAST SUPPORT FOR BRAZIL BOVESPA INDEX IS 69000. IF IT BREAKS THEN BRAZILIAN INDEX COULD FELL ALL THE WAY TO 67000 AND THEN 64500.

CBI arrests LIC Hsg CEO, PNB, CBI, BOI officials

CBI's EOW chief P Kandaswamy said the agency has busted a housing loan scandal racket and arrested CEO of LIC Housing, General Managers of Bank of India and Central Bank of India (New Delhi) and CGM of Punjab National Bank. Several other bank officials have also been arrested on bribery charges. The CBI said classified business information was also given out for favours.


The CBI also said officials of Money Matters have been arrested for broking bribery deals. The LIC secretary (investments Mumbai) too has also been arrested on bribery charges.
Reports suggest that the CBI has arrested Ramchandranan Nair (CEO, LIC Housing Finance Ltd, Mumbai), Naresh K Chopra (Secretary, Investment, LIC Mumbai), R N Tayal (General Manager, Bank of India, Mumbai), Mahinder Singh Johar (Director, Central Bank of India, New Delhi), Venkoba Gujjal (DGM, Punjab National Bank, New Delhi), and Rajesh Sharma, Suresh Gattani and Sanjay Sharma of M/S Money Matters.
Shortly before the stock markets shut trade for the day, talks of LIC Housing Finance being involved in a multi-crore scam surfaced sending realty and banking stocks spiralling down. The CBI, which was said to be questioning a slew of people involved in the scam, included officials from LIC Housing, Central Bank of India and a real estate developer, whose identity was not disclosed.

BINGO! KGL REACHED OUR FIRST, SECOND AND THIRD TARGET

KGL REACHED OUR FIRST, SECOND AND THIRD TARGET OF 31, 32.50 AND 33.90 IN A SINGLE DAY ONLY. BINGO!.

BUY KGL AT CMP OF 30.20 WITH A STOPLOSS OF 29

WE RECOMMEND TO BUY KGL AT CMP OF 30.20 WITH A STOPLOSS OF 29 FOR A TARGET OF 31, 32.50, 33.90 AND 36.

MOIL PRICE BAND FIXED AT 340-375 LOT SIZE 17

GOVT OF INDIA HAS FIXED A PRICE BAND OF MOIL AT 340-375 WITH A LOT SIZE OF 17. GOOD ISSUE. MUST APPLY.