NIFTY IDEA FOR JUNE 30 2010

IF U ARE REAL INDIAN PLS READ & FORWARD THIS TO ALL

(kindly forward this to all)     If you cross the   " The North Korean "   border illegally,  you get ..... 12 years hard labour in an isolated prison .....   If you cross the   " Iranian "    border illegally,  you get ..... detained indefinitely .....   If you cross the   " Afghan "   border illegally,  you get ..... shot .....   If you cross the   " Saudi Arabian "   border illegally,  you get ..... jailed .....   If you cross the   " Chinese "   border illegally,  you get ..... kidnapped and may be never heard of - again .....   If you cross the   " Venezuelan "   border illegally,  you get ..... branded as a spy and your fate sealed .....   If you cross the   " Cuban "   border illegally,  you get ..... thrown into a political prison to rot .....   If you cross the   " British "   border illegally,  you get ..... arrested, prosecuted, sent to prison and be deported after serving your sentence .....   Now ..... if you were to cross the   " Indian "   border illegally,  you get .....   1.   A ration card   2.   A passport  ( even more than one - if you please  ! )   3.   A driver's licence   4.   A voter identity card   5.   Credit cards   6.   A Haj subsidy   7.   Job reservation   8.   Special privileges for minorities   9.   Government housing on subsidized rent   10. Loan to buy a house   11. Free education   12. Free health care   13. A lobbyist in New Delhi,  with a bunch of media morons and a bigger bunch of human rights activists promoting your   " cause "   14. The right to talk about secuarism,  which you have not heard about in your own country  !   15. And of-course ..... voting rights to elect corrupt politicians who will promote your community for their selfish interest in securing your votes  !!!          Hats off   ..... to the .....   A.   Corrupt and communal Indian politicians   B.   The inefficient and corrupt Indian police force   C.   The silly pseudo-secularists in India,  who promote traitors staying here   D.   The amazingly lenient Indian courts and legal system.        That's why people like Afzal Guru are still alive, same will happen with Kasab.   E.   The selfish Indian citizens,  who are not bothered about the dangers to their own country.       They conveniently forget some Hindus are living as refugees in this country called Hindustan.   F.   The illogically brainless human-rights activists,  who think that terrorists deserve to be dealt with by archaic laws meant for an era,  when human beings were human beings.   THE MINIMUM U CAN DO (IF U R LIVING) IS FORWARD THIS TO ALL ..

imp note for traders

nifty idea for 23 june 2010

      nifty will become strong above5336 with sl5311 tgt5376,5481

                                       &

 it will become week below 5310 for tgt 5290,5270,5245 sl 5336

nifty idea for 22 june 2010

nifty will  strong above 5377 it can test 5483 with sl 5311

                               &

  below 5311 it can test 5291,5270,5245,5205

positinal traders buy grasim industries

positinal trader can enter grasim inustries 1740-1720 range with sl 1690 tgt1788,1815,1831++++++++++++++

nifty idea for 21 june 2010

      nifty get strong above  5296 for tgt 5370  with sl 5249 

                                 &

    nifty get week(sell)  below 5249 tgt 5235,5221,5203,5175   

ICICI Bank Clarification

ICICI Bank - Clarification 6/17/2010
ICICI Bank Ltd has informed BSE that there are baseless rumours circulating in the market through SMS and Emails about a law suit filed against ICICI Bank in the US. The Bank categorically deny any such law suit and state that these are malicious and unfounded rumors. The Bank have lodged a complaint with regulatory and law enforcement agencies.
source : Asian CERC                                                                      http://content.icicidirect.com/charts/news_display.asp?newsid=1346727

ICICI bank complains about false rumours; two held

ICICI Bank, India's second-largest lender, has filed complaints with the Economic Offences Wing and the Securities and Exchange Board of India against various individuals for spreading rumours of a $1-billion lawsuit against the bank by a US stockbroking firm, which triggered a 3.5-per cent fall in the bank's share price on Thursday.

The bank also sent a statement to the Bombay Stock Exchange saying, "There are baseless rumours circulating in the market through SMS and emails about a lawsuit filed against ICICI Bank in the US. The bank categorically denies any such lawsuit."

The Economic Offences Wing has detained two city-based brokers. Police officials involved in the probe refused to give details.

Sources said the rumour initially appeared on a blog, owned by a Bangalore-based resident, and was sent around by some brokers. ICICI Bank officials said they had tracked down individual rumours and there was a suspicion that they were initiated by persons who sought to gain from a fall in the bank's share price.

One of the mails was forwarded by an individual to contacts in his Google group. The bank has obtained details of the individual, who described himself as an investor and said his information was obtained from a website.

Another chain of emails was traced to a vice-president of a broking firm, who again claimed that his information was based on comments made on a blog. Banks officials said they were investigating the root of the rumours.

One of the early rumour sources was a comment on a blog which said, ''Big US stock broking company filed $1-billion suit against ICICI Bank, its US banking arm, big fall for ICICI Bank in just two days, even unexpected 20-30 per cent fall like the Satyam fall last year.'' The poster claimed that the news came from a big hedge fund manager.

By noon, television channels were flashing the rumours. Soon thereafter, the bank's stock price tanked from Rs881 to Rs850 in a matter of 18 minutes. Being an index stock, the fall in the bank's share price also had an impact on the Sensex.

SEBI is expected to look into the trades to see if anyone has made substantial gains as a result of the rumours. The bank will also share with the regulator the details of the sources of rumour mongering.

This is not the first time that ICICI Bank has fallen victim to rumour mongering. The first time was in April 2003 when rumours that the bank was facing a liquidity problem led to mass withdrawals in Gujarat.

Although the bank was not facing any liquidity crunch, the higher-than-usual withdrawals forced the bank to ship extra currency to its ATMs.

The second time the bank had to get into crisis management mode was immediately after the Lehman Brothers collapse. A series of rumours, beginning with one about the bank's exposure to Lehman saw depositors queuing outside the bank's ATMs across the country (See: RBI allays fears over ICICI Bank's finances)

One cannot help speculating why ICICI bank is being particularly targeted for such attacks, but answers are not immediately forthcoming.

nifty idea for 18 june 2010

5296 above nifty future can touch 5390 with sl5234

&

5234 below it can touch 5215,5195,5172,5134 sl 5296

*personal view (we are suggesting ) to take some profit in every rise

fresh long can taken only spot 5305 with sl 5257,5230

nifty idea for 17 june 2010

  nifty will become strong above 5253 for the target of 5352 with sl of 5191

.                                      &

it will weak below (sell)  5191for tgt 5172,5153,5129 &5092 with sl 5253

nifty ideas for 15/06/2010

 positional traders can buy nifty futers only above 5209  tgt 5364  sl 5112 

                                                         sell below 5112 tgt 5053,5016,4957 sl5209

       this view is according to charts only   my personal  view buy if nifty spot cross & hold 5228 for minimum 10  min 

nifty idea for 11 june 2010

nifty buy above 5093 sl 5034 target 5188
&
nifty sell below 5034 sl 5093 target5016,4975,4939

nifty idea for 9 jun 2010

nifty buy above 4985 sl 4940 target 5014,5037&5059
&
sell below 4940 sl 4985 target 4820

nifty idea for 08 june 2010

buy nifty only above 5037 sl 5014 target5060.5089,5185
&
sell below 5014 sl 5037 target 4985,4940,4820

nifty ideas for 7th june

buy only above 5112 sl 5043 target 5222
&
sell below 5043 sl 5112 target 5022,5001,4975

pls pass this message & help poor students

If you have come across any bright students coming from poor financial background who have finished their 10th standard this year (April 2010) and scored more than 80%, please ask them to contact the NGO-Prerana (supported by Infosys foundation). The NGO is conducting a written test and those who clear the test will be eligible for financial help for their further studies. Please ask the students to contact the people mentioned below to get the form:

580, Shubhakar, 44th cross, 1st A main road, Jayanagar, 7th block, Bangalore.

Contact numbers:

1. Ms. Saraswati - 99009 06338

2. Mr. Shivkumar - 99866 30301

3. Ms. Bindu - 99645 34667

Even if you don't know anyone, please pass on this info, someone might be in need of this help

nifty idea 3/6/2010

     nifty buy above 5018 sl 5002 target 5071 &5155

          &

sell below 5002 sl 5018 target 4986,4966,4934

nifty idea for 2 june 2010

 buy nifty above 4957 with sl of 4930 target 4979,5000 & 5071
,       &
 sell below 4930 sl 4957 target 4887,4773