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Monday, March 28, 2011

Perfect Trading Tips

  • Do not overtrade.
  • Do not trade on rumors.
  • Do not trade in all stocks of one sector.
  • It's better to buy the wrong stocks at the right time than to buy the right stocks at the wrong time.
  • Trade with the trends rather than trying to pick tops and bottoms.
  • As long as a market is acting right, don't rush to take profits.
  • Don't buy something because it is low priced.
  • Money cannot be made everyday from the markets.
  • Avoid making average, when stock is coming down.
  • Don't watch or trade too many stocks at once.

Friday, March 25, 2011

IndiaV/s Australia

Finally world will have new Cricket World Champions on 2nd of April 2011 after a decade with India beating Australia in a quite remarkable game of cricket. That means three times consecutive world champion will now have to fly back home after a loss in the 2nd quarterfinal at Motera.
The super star of the day was a man “Yuvraj Singh” who looked in fine tough right from the word go, he first bowled really well and picked up two crucial wickets and then came out all guns blazing hitting Australian fat and furious bowling attack all around the park. Yuvraj Singh scored an unbeaten 57 runs and put on a winning partnership of 74 runs for the sixth wicket with Suresh Raina (34* runs off 28 balls) to get India over finishing line and meet Pakistan in the 2ndth of March 2011. Semi Final of ICC World Cup 2011 on 30
The Australians, who broke the Indian hearts in 2003, had theirs in two pieces on Thursday as India shut the door on the 'former' World Champions to stand just two steps away from their destination at the Wankhede Stadium in Mumbai, holding aloft the World Cup trophy on April 2.
The situation could have been different if Suresh Raina and Yuvraj Singh got out at the stage where India still needed 74 runs to win in last 13 overs of play. Motera stadium crowd stunned in to the silence when M.S.Dhoni caught brilliantly by M.Clark at point on bowling of Brett Lee in the 38th over.
In the run chase during 31st over to 34h over, Indians tried hard to choke again. With Gautam Gambhir giving Australians as many as three chances to run him out but Australian didn’t capitalize on it. But finally in the 34th over Gambhir manage to get himself out but not before scoring a superb fluent 50 runs off 64 balls. He ran for a non-existent run after Yuvraj Singh had played the ball towards midwicket but Ponting missed the sticks just by whisker. In the next over, he got into a yes-and-no situation with Yuvraj Singh and would have been run out had Brad Haddin thrown the ball at the non-striker's end. Gautam Gambhir was run out next ball, again running mindlessly after Yuvraj stabbed David Hussey wide delivery just couple of steps away from the Cameron White standing at first slip but this time White able to throw at correct end and Gambhir found more than a feet short from the crease.
Chasing the target of 261 for win India got off to great start by both Sachin Tendulkar (53 runs) and Virendra Sehwag (15 runs). Both put on 44 runs for the first wicket before Sehwag miscuite a pull straight in the air in the 9th over. However Sachin Tendulkar kept his cool to reach his 93rd ODI fifty and in between he crossed 18000 run marks.
Earlier Australia Captain Ricky Ponting scored a superb hundreds to guide his team to get to 260 runs in the 50 overs. This was Ricky Ponting 5th World Cup hundred and 29th in ODI. Brad Haddin (53 runs) and David Hussey (38 runs) also provided good support to his captain to guide Australia to a competitive total.
With this win now India will take on Pakistan in the 2nd Semi Final of World Cup at Mohali on 30th of March 2011.
Yuvraj Singh was declared Player of the Match for his all-round effort. First with ball he picked up two wickets and then made unbeaten 57 runs off 65 balls.
Match Summary (India Won by 5 Wickets)
Australia Inning– 260/6 in 50 Overs
R.Ponting- 104 B.Haddin – 53
Yuvraj Singh– 10-0-44-2 R.Ashwin- 10-0-52-2
India Inning– 261/5 in 47.4 Overs
Yuvraj Singh- 57* S.Tendulkar–53
S.Watson– 7-0-37-1 B.Lee- 8.4-1-45-1

Monday, March 21, 2011

Sensex choppy; Infosys, TCS, Reliance slip

The benchmark Nifty was trading with moderate losses amid volatility at 10:41 hours, dragged down by oil & gas, technology, Anil Dhirubhai Ambani Group (ADAG), power and realty companies' shares. Ranbaxy, SBI and ICICI Bank too were down. Rising oil prices could be weighed on the markets today; Brent crude was inching closer to USD 116 a barrel.
Crude prices may be buoyant till Libyan tensions continue, says Praveen Kumar of Facts Global Energy. Nymex crude was trading at USD 102.92 a barrel, up 1.83% and London Brent crude jumped 1.17% to USD 115.65 a barrel.
Casey Research sees lot of speculation in crude oil market. "Crude oil can hit USD 150-155/barrel if tensions escalate. Crude oil production is insignificant in Libya."
Praveen Kumar expects prices to cool down once MENA tensions subside. Facts Global said, "Saudi Arabia has already ramped up production, which was up from 8 million to 9.2 million barrels per day. This ramp up covers Libyan decline.
James Paulsen from Wells Capital Management feels that despite losing spark due to tensions in the Middle East, emerging markets have showed better-than-expected recovery results. “Emerging markets are clearly the economic leaders in the globe and US investors should use this opportunity and buy in emerging markets when they are relatively underperforming,” he said.
The 30-share BSE Sensex was trading at 17,820, down 58 points and the 50-share NSE Nifty fell 17 points to 5,356. The broader indices too were quite volatile.
However, steel, capital goods and select auto companies' shares were supporting the markets to cut down losses. HDFC, HDFC Bank and Sun Pharma were too on buyers' radar.

Japan's disaster toll rises with 18,000 deaths

Toll in Japan's triple disaster climbs: an estimated 18,000 deaths, $235 billion to rebuild 

 

FUKUSHIMA, Japan (AP) -- The toll of Japan's triple disaster came into clearer focus Monday after police estimates showed more than 18,000 people died, the World Bank said rebuilding may cost $235 billion and more cases of radiation-tainted vegetables and tap water turned up.
Japanese officials reported progress over the weekend in their battle to gain control over a nuclear complex that began leaking radiation after suffering quake and tsunami damage, though the crisis was far from over, with a dangerous new surge in pressure reported in one of the plant's six reactors.
The announcement by Japan's Health Ministry late Sunday that tests had detected excess amounts of radioactive elements on canola and chrysanthemum greens marked a low moment in a day that had been peppered with bits of positive news: First, a teenager and his grandmother were found alive nine days after being trapped in their earthquake-shattered home. Then, the operator of the overheated nuclear plant said two of the six reactor units were safely cooled down.
"We consider that now we have come to a situation where we are very close to getting the situation under control," Deputy Cabinet Secretary Tetsuro Fukuyama said.
Still, serious problems remained at the Fukushima Dai-ichi nuclear complex. Pressure unexpectedly rose in a third unit's reactor, meaning plant operators may need to deliberately release radioactive steam. That has only added to public anxiety over radiation that began leaking from the plant after a monstrous earthquake and tsunami devastated northeastern Japan on March 11 and left the plant unstable. As day broke Monday, Japan's military resumed dousing of the complex's troubled Unit 4.
The World Bank said in report Monday that Japan may need five years to rebuild from the catastrophic disasters, which caused up to $235 billion in damage, saying the cost to private insurers will be up to $33 billion and that the government will spend $12 billion on reconstruction in the current national budget and much more later.
The safety of food and water was of particular concern. The government halted shipments of spinach from one area and raw milk from another near the nuclear plant after tests found iodine exceeded safety limits. Tokyo's tap water, where iodine turned up Friday, now has cesium. Rain and dust are also tainted.
Early Monday , the Health Ministry advised Iitate, a village of 6,000 people about 30 kilometers (19 miles) northwest of the Fukushima plant, not to drink tap water due to elevated levels of iodine. Ministry spokesman Takayuki Matsuda said iodine three times the normal level was detected there -- about one twenty-sixth of the level of a chest X-ray in one liter of water.
In all cases, the government said the radiation levels were too small to pose an immediate health risk.
But Tsugumi Hasegawa was skeptical as she cared for her 4-year-old daughter at a shelter in a gymnasium crammed with 1,400 people about 80 kilometers (50 miles) from the plant.
"I still have no idea what the numbers they are giving about radiation levels mean. It's all so confusing," said Hasegawa, 29, from the small town of Futuba in the shadow of the nuclear complex. "And I wonder if they aren't playing down the dangers to keep us from panicking. I don't know who to trust."
All six of the nuclear complex's reactor units saw trouble after the disasters knocked out cooling systems. In a small advance, the plant's operator declared Units 5 and 6 -- the least troublesome -- under control after their nuclear fuel storage pools cooled to safe levels. Progress was made to reconnect two other units to the electric grid and in pumping seawater to cool another reactor and replenish it and a sixth reactor's storage pools.
But the buildup in pressure inside the vessel holding Unit 3's reactor presented some danger, forcing officials to consider venting. The tactic produced explosions of radioactive gas during the early days of the crisis.
"Even if certain things go smoothly, there would be twists and turns," Chief Cabinet Secretary Yukio Edano told reporters. "At the moment, we are not so optimistic that there will be a breakthrough."
Growing concerns about radiation add to the overwhelming chain of disasters Japan has struggled with since the 9.0-magnitude quake. The resulting tsunami ravaged the northeastern coast. All told, police estimates show more than about 18,400 died. More than 15,000 deaths are likely in Miyagi, the prefecture that took the full impact of the wave, said a police spokesman.
"It is very distressing as we recover more bodies day by days," said Hitoshi Sugawara, the spokesman.
Police in other parts of the disaster area declined to provide estimates, but confirmed about 3,400 deaths. Nationwide, official figures show the disasters killing more than 8,600 people, and leaving more than 12,800 people missing, but those two lists may have some overlap.
The disasters have displaced another 452,000, who are living in shelters.
Fuel, food and water remain scarce. The government in recent days acknowledged being caught ill-prepared by an enormous disaster that the prime minister has called the worst crisis since World War II.
Bodies are piling up in some of the devastated communities and badly decomposing even amid chilly rain and snow.
"The recent bodies -- we can't show them to the families. The faces have been purple, which means they are starting to decompose," says Shuji Horaguchi, a disaster relief official setting up a center to process the dead in Natori, on the outskirts of the tsunami-flattened city of Sendai. "Some we're finding now have been in the water for a long time, they're not in good shape. Crabs and fish have eaten parts."
Contamination of food and water compounds the government's difficulties, heightening the broader public's sense of dread about safety. Consumers in markets snapped up bottled water, shunned spinach from Ibaraki -- the prefecture where the tainted spinach was found -- and overall expressed concern about food safety.
Experts have said the amounts of iodine detected in milk, spinach and water pose no discernible risks to public health unless consumed in enormous quantities over a long time. Iodine breaks down quickly, after eight days, minimizing its harmfulness, unlike other radioactive isotopes such as cesium-137 or uranium-238, which remain in the environment for decades or longer.
High levels of iodine are linked to thyroid cancer, one of the least deadly cancers if treated. Cesium is a longer-lasting element that affects the whole body and raises cancer risk.
Rain forecast for the Fukushima area also could further localize the contamination, bringing the radiation to the ground closer to the plant.
Edano tried to reassure the public for a second day in a row. "If you eat it once, or twice, or even for several days, it's not just that it's not an immediate threat to health, it's that even in the future it is not a risk," Edano said. "Experts say there is no threat to human health."
No contamination has been reported in Japan's main food export -- seafood -- worth about $1.6 billion a year and less than 0.3 percent of its total exports.
Amid the anxiety, there were moments of joy on Sunday. An 80-year-old woman and her teenage grandson were rescued from their flattened two-story house after nine days, when the teen pulled himself to the roof and shouted to police for help.
Other survivors enjoyed smaller victories. Kiyoshi Hiratsuka and his family managed to pull his beloved Harley Davidson motorcycle from the rubble in their hometown of Onagawa. The 37-year-old mechanic said he knows it will never work anymore. "But I want to keep it as a memorial."
Yamaguchi reported from Tokyo, as did Associated Press writers Elaine Kurtenbach, Kelly Olsen, Charles Hutzler and Jeff Donn. Associated Press writer Jay Alabaster contributed from Natori, Japan.

Friday, March 18, 2011

Libya declared a ceasefire in the country to protect civilians and comply with a United Nations resolution passed overnight, Libyan Foreign Minister Moussa Koussa said on Friday.
"We decided on an immediate ceasefire and on an immediate stop to all military operations," he told reporters.
"(Libya) takes great interest in protecting civilians," he said, adding that the country would also protect all foreigners and foreign assets in Libya.
Oil prices fell on Friday after the Libyan foreign minister said Libya would halt all military action and accepted a UN resolution for an immediate ceasefire.
Brent crude was trading 92 cents lower at $113.98 by 1318 GMT, off a session high of $117.29 and up from the day's low of $113.07. US crude shed 59 cents to $100.83.
The announcement followed a United Nations meeting on Thursday in which the security council authorised Western-led military intervention against Muammar Gaddafi who had vowed to crush a rebel uprising in the country.
The UN also authorised "all necessary measures" code for military action to protect civilians against Gaddafi's forces.
Oil markets had risen to their highest in more than a week following the UN resolution and, although the ceasefire triggered a sell-off, analysts noted the situation was still complex.
"This does not mean we near a resolution of the situation in Libya. We may be facing the possibility of an entrenched status quo between pro and anti Gaddafi groups," said Harry Tchilinguirian, analyst at BNP Paribas.
"This only maintains the uncertainty in terms of when we will eventually have a full resumption of production in Libya."
Libya pumped 1.6 million barrels per day (bpd) of sweet, light crude before violent unrest broke out earlier this year.
Bahrain, Saudi
The situation was also still volatile in Bahrain, where earlier this week the authorities cracked down on Shi'ite protesters demanding reform by the Sunni monarchy, drawing criticism from the United States and Iran.
Sunni-ruled ally Saudi Arabia, OPEC's largest oil producer, has sent troops into Bahrain, together with other forces from the Gulf Cooperation Council (GCC).
As it monitors unrest in its oil-producing east, home to its Shi'ite minority, Saudi Arabia on Friday announced billions of dollars in handouts for its people and boosted its security apparatus.
Japan Disaster
Concern about unrest in the Middle East drove oil prices to a two and a half year high of nearly $120 last month, but they lost some of their strength after Japan's strongest earthquake on record a week ago.
The resulting nuclear crisis sent risk-averse sentiment coursing through global financial markets.
Engineers said on Friday burying a crippled nuclear plant in sand and concrete might be the only way to prevent a catastrophic radiation release, the method used to seal huge leakages from Chernobyl in 1986.
Edward Meir, senior commodities analyst at brokers MF Global, said oil prices had risen too far considering the loss of demand from Japan, the world's third largest economy and third biggest oil consumer after the United States and China.
The extended paralysis with regard to the nuclear issue and the colossal damage sustained in the rest of the country, suggests that Japan will be partially absent from the oil markets for some time to come," he said.

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