THE POWER OF STRATEGY OF INVESTING IS THAT IF U HAVE INVESTED RS.50LACS IN F&O ON 01.01.05 WITH US THEN IT HAS BECOME OVER RS.48 CRORES AFTER BROKERAGE. A PHENOMINAL RETURN OF OVER 1000% P.A. CLICK HERE TO VIEW.
Wednesday, June 08, 2011
2ND BINGO! PRIME FOCUS REACHED OUR FIFTH TARGET OF 65.40
ON 26.05.11 WE RECOMMENDED TO BUY PRIME FOCUS AT CMP OF 55.10 WITH A STOPLOSS OF 52.50 FOR A TARGET OF 58.80, 59.80, 61.40, 63.80, 65.40 AND 68.80. OUR FIFTH TARGET OF 65.40 ACHIEVED TODAY. BINGO!
BUY TATA COFFEE AT CMP OF 852 WITH A STOPLOSS OF 825
WE RECOMMEND TO BUY TATA COFFEE AT CMP OF 852 WITH A STOPLOSS OF 825 FOR A TARGET OF 878, 893 AND 918.
1ST BINGO! DELTA CORP REACHED OUR FIFTH TARGET OF 97.40
ON 07.06.11 WE RECOMMENDED TO BUY DELTA CORP AT CMP OF 85.40 WITH A STOPLOSS OF 82.50 FOR A TARGET OF 89.40, 90.80, 93.40, 95.80, 97.40 AND 98.80. OUR FIFTH TARGET OF 97.40 ACHIEVED TODAY. BINGO!
BUY SREI INFRA AT CMP OF 42.05 WITH A STOPLOSS OF 40.50
WE RECOMMEND TO BUY SREI INFRA AT CMP OF 42.05 WITH A STOPLOSS OF 40.50 FOR A TARGET OF 43.80, 45.40 AND 46.80.
GROWTH SLOW BUT NO STIMULUS: BEN BERNANKE
Federal Reserve Chairman Ben Bernanke at a banking conference acknowledged a slowdown in the US economy but offered no suggestion the central bank is considering any further monetary stimulus.
“Growth seems likely to pick up somewhat in the second half of the yr. Overall the economic recovery seems to be continuing at a moderate pace at a rate that is both uneven across sectors and frustratingly slow across unemployed and underemployed workers,” Ben Bernanke said.
He said the recovery was still weak enough to warrant keeping in place the Fed's strong monetary support, saying the economy was still growing well below its full potential.At the same time, Bernanke argued that the latest bout of weakness would likely not last very long, and should give way to stronger growth in the second half of the year. He said a recent spike in US inflation, while worrisome, should be similarly transitory. Weak growth in wages and stable inflation expectations suggest few lasting inflation pressures, Bernanke said.
On the budget, Bernanke repeated his call for a long-term plan for a sustainable fiscal path, but warned politicians against massive short-term reductions in spending.
"A sharp fiscal consolidation focused on the very near term could be self-defeating if it were to undercut the still-fragile recovery," Bernanke said.
"By taking decisions today that lead to fiscal consolidation over a longer horizon, policymakers can avoid a sudden fiscal contraction that could put the recovery at risk," he said.
He said the recovery was still weak enough to warrant keeping in place the Fed's strong monetary support, saying the economy was still growing well below its full potential.At the same time, Bernanke argued that the latest bout of weakness would likely not last very long, and should give way to stronger growth in the second half of the year. He said a recent spike in US inflation, while worrisome, should be similarly transitory. Weak growth in wages and stable inflation expectations suggest few lasting inflation pressures, Bernanke said.
On the budget, Bernanke repeated his call for a long-term plan for a sustainable fiscal path, but warned politicians against massive short-term reductions in spending.
"A sharp fiscal consolidation focused on the very near term could be self-defeating if it were to undercut the still-fragile recovery," Bernanke said.
"By taking decisions today that lead to fiscal consolidation over a longer horizon, policymakers can avoid a sudden fiscal contraction that could put the recovery at risk," he said.
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