TRADE LIKE A GENIUS... WITH THE RESOURCES BELOW…

Stratstar.com : Genius Trader Indicators For 02/03/12

BSE Sensex

Current Signal : Date 01/03/12 ;  Closing Price 17583;  HOLD
Previous Signal : Date 10/01/12 ;  Closing Price 16165;  BUY
Open Position (Profit) : 1418; Stop Loss 17178

S&P CNX Nifty

Current Signal : Date 01/03/12;  Closing Price 5339;  HOLD
Previous Signal : Date 10/01/12;  Closing Price 4849;  BUY
Open Position (Profit) : 490; Stop Loss 5124

 

Afternoon Newspaper

' Downtrend Resumes?'

 Daily Market Report for Friday (March 02, 2012)

This Report enables Non-Technical Analysts' understand Technical Signals. Read full report at...

http://www.investmentmap.com/AfternoonNewspaperDailyMarketReport.htm



Trader Resources (For 02/03/12)

Intra-day Support and Resistance Levels Based on the "Pivotal Point"
theory of technical analysis.

BSE 'A' Group 200 stocks
 http://www.stratstar.com/markets/resistance.php?type=A_Group

NSE India Midcap Stocks
http://www.stratstar.com/markets/resistance.php?type=Midcap

NSE Stocks Futures Support and Resistance Levels

http://www.stratstar.com/markets/resistance.php?type=Futures

Market Updates
(Buzzing Stocks, Brokerage Recos, Market Reports, Latest News,
Business News, Economy, Global Markets, IPO News) .

http://www.stratstar.com/markets/market_updates.php

Moving Averages
(Exponential Moving Averages - EMA 12, EMA 30, EMA 48, EMA 150)
(Simple Moving Averages  - SMA 5, SMA 15, SMA 40, SMA 200)

http://www.stratstar.com/markets/market_reports.php?cat=1

Top Gainers
http://www.stratstar.com/markets/market_reports.php?cat=2

Top Losers
http://www.stratstar.com/markets/market_reports.php?cat=3

52 week high/lows
http://www.stratstar.com/markets/market_reports.php?cat=4

52 Week High Low Mid-cap Stocks
http://www.stratstar.com/markets/market_reports.php?cat=5

International Indices, Commodities and Indian ADR's
http://www.stratstar.com/markets/market_reports.php?cat=6

Investment Directory
(Search for links about investments and personal finance.)

 http://www.investmentmap.com/

 

Wisdom Desk

An investor needs to do very few things right as long as he or she avoids big mistakes.

 -Warren Buffett

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Below is my Interpretation of FII OI data Sheet for 01-Mar-12.

1. FII sold   13465  Contracts of NF worth 351.60 cores OI also decreasing  by 13253 contracts.

2. As Nifty Futures was down by 49  points and OI has increased by 13253  contracts means profit booking on shorts which were created yesterday,Also we are seeing Profit Booking in carry over Longs from previous series as SAR level is coming down.
3. Nifty has for third day....

Read the Full Story

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Rgds,
Bramesh
09985711341

http://www.brameshtechanalysis.com/

Follow on Facebook during Market Hours:  http://www.facebook.com/pages/Brameshs-Tech/140117182685863

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Indian Stock market tips; Free intraday and short term cash and future calls for March 2, 2012

Indian Stock market tips; Free intraday and short term cash and future calls for March 2, 2012

Friday, March 2, 2012
Today one index future tip, one stock future tip and two intraday cash tips are given today for free .Don't over trade.Always keep stop loss.Be cautious while trading.After achieving T1 move your stop loss to just below entry level.After T2 move stop loss to T1.
BANKNIFTY Future 2.3.2012
BANKNIFTY MAR29F B-104......................

Read full story from
http://www.stockforyouindia.com/2012/03/indian-stock-market-tips-free-intraday_02.html

*Home Page*

http://www.stockforyouindia.com

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http://www.ichineseflashcards.com will help you learn Chinese
(Mandarin) faster by using flashcards with pictures, thanks

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I am online now, Thursday 3/1 at 11:45 am Pacific time, and will be on for the rest of the night. Please call me directly at 1-800-275-5336 x0160.

Fran

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Euro Remains Under Pressure

Follow us on....

In this Issue... Get up to date - Breaking News   Read what our Top Contributors are saying

By Joel Kruger, DailyFX Technical Strategist Talking Points Bernanke fails to mention QE3; also reminds that nothing written in stone US Dollar finds renewed bids on the back of the Fed Chair comments Euro breaks down through key short-term support Markets still choppy so waiting for more confirmation Looking for pullback in global equities to weigh on commodity bloc    The US Dollar has found some renewed bids following the latest Bernanke remarks, with investors looking to exit risk correlated positions after the Fed Chair failed to mention additional accommodative measures and reminded the markets that the language of keeping rates ultra low for an extended period of time was not written in stone, also suggesting that should economic data continue to show signs of improvement, we could see a reversal of Fed policy sooner than later. The comments resulted in a narrowing in yield differentials back in favor of the buck, while at the same time ignited concern over the possibility of a still struggling US economy with slightly higher rates and a less stimulating environment. Investors have found comfort in the fact that rates are at ultra low levels, a development which has been used as an opportunity to buy risk correlated assets at very attractive levels relative to the cost of borrowing. However, should the Fed begin to reverse policy, the lure of buying risk becomes much less attractive and has therefore inspired the latest negative risk reaction following the Fed Chair's remarks.   Technically, we were leaving the door open for some more currency gains against the buck before ultimately seeing a reversal back in favor of the Greenback, but Wednesday's price action is rather significant in the short-term and could very well signal that a fresh currency lower top is now in place ahead of broad based USD gains. EUR/USD remains the key market to watch, and should the market manage some downside follow through on Thursday, then we very well could be on our way for an acceleration of Euro declines back towards the 1.2620 area 2012 lows. However, at this point it is still way too early to make such a call, and at a minimum, we would prefer to wait and see where the dust settles this week. We are also looking for some additional downside in the global equities markets over the coming weeks, and we contend that this will result in some major underperformance in the commodity bloc, with specific weakness seen in the Australian and New Zealand Dollars.   ECONOMIC CALENDAR   TECHNICAL OUTLOOK EUR/USD:     The latest failure ahead of 1.3500 and subsequent break back below 1.3350 could now warn that a lower top is finally in place ahead of the next major downside extension below the 2012 lows by 1.2620. Look for a sustained break below 1.3350 to confirm bearish outlook, while back above 1.3450 delays. Next key support now comes in by the 1.3200 area, below which exposes 1.3000.     GBP/USD:     Inability to establish above the 200-day SMA once again keeps the multi-day range intact, and from here we would look for a bearish resumption back down towards the 1.5650 area over the coming sessions. Look for a sustained break below 1.5900 to confirm outlook, while only a daily close back above 1.5950 gives reason for concern.   USD/JPY:     The market is doing a good job of showing the potential for the formation of a major cyclical bottom after taking out the 200-Day SMA and now clearing psychological barriers by 80.00 for the first time in 6 months. This further solidifies basing prospects and we could be in the process of seeing a major bullish structural shift that exposes a move towards 85.00-90.00 over the coming months. At this point, only back under 77.00 would delay outlook and give reason for concern. However, in the interim, it is worth noting that gains beyond the recent highs at 81.70 over the coming sessions could prove hard to come by with technical studies needing to unwind from their most overbought levels in over 10 years before a bullish continuation.   USD/CHF:     Setbacks have stalled for now just ahead of 0.8900 and the market could finally be looking to carve the next medium-term higher low ahead of a bullish resumption and eventual break back above 0.9660. Look for additional gains over the coming sessions back towards 0.9300, with a break above to confirm and accelerate. Ultimately, only a drop below 0.8930 negates and gives reason for pause.   --- Written by Joel Kruger, DailyFX Technical Currency Strategist Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Any opinions, news, research, analyses, prices, or other information contained in this email are provided as general market commentary, and do not constitute investment advice. Dailyfx will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. The content in this email is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Dailyfx has taken reasonable measures to ensure the accuracy of the information, however, does not guarantee its accuracy, and will not accept liability for any loss or damage which may arise directly or indirectly from the content or your inability to access the content, for any delay in or failure of the transmission or the receipt of any instruction or notifications sent through this email. Please read the full disclosures here. Additionally, Dailyfx takes your privacy seriously. Please click here to read our privacy policy. Valuable Resources       Click Here for our Chart of the Day   Click Here for our Economic Calendar Click Here for Live Trading Rates Related Blog Posts   Euro Remains Under Pressure   Bernanke Brings Risk-off Trading; EUR/USD Slides Below 1.34 in Double Top Formation   Gold & Silver - Daily Setup 01.03.2012   Follow Me On Twitter! Share this email Did someone forward this to you? Subscribe Here! Subscribe via RSS   Breaking News Chart of the Day    *Get live updates in your web browser window.

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We offer you a clean-cut analysis and graphic pictures of worldwide known financial products. The stages and methods for creating such an analysis are complex. Step by step we created a system that encompasses the three ways of predicting stock market evolution. In this way nothing remains subjective or misunderstood.
          The one using this analysis doesn't have to study astrology or technical analysis (although some basic information would be useful). The analysis is easy to understand. For the persons interested in more profound knowledge of this field we have gathered many useful materials to study.
          We have decided to focus mainly on the American market index – Dow Jones Industrial Average (DOW), S&P 500 futures and EUR/USD but you can also find occasional analysis for oil, gold, different forex currencies or different stocks.

For more details please visit our site http://bit.ly/dharmik_team where you can find more details on analysis methods and types of products we offer.

HERE (http://bit.ly/dharmikteam_register) you can subscribe, and for ONE WEEK you'll receive our analysis to convince about the quality of our services.

 

 

Have a GREEN Day!

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We offer you a clean-cut analysis and graphic pictures of worldwide known financial products. The stages and methods for creating such an analysis are complex. Step by step we created a system that encompasses the three ways of predicting stock market evolution. In this way nothing remains subjective or misunderstood.
          The one using this analysis doesn't have to study astrology or technical analysis (although some basic information would be useful). The analysis is easy to understand. For the persons interested in more profound knowledge of this field we have gathered many useful materials to study.
          We have decided to focus mainly on the American market index – Dow Jones Industrial Average (DOW), S&P 500 futures and EUR/USD but you can also find occasional analysis for oil, gold, different forex currencies or different stocks.

For more details please visit our site http://bit.ly/dharmik_team where you can find more details on analysis methods and types of products we offer.

HERE (http://bit.ly/dharmikteam_register) you can subscribe, and for ONE WEEK you'll receive our analysis to convince about the quality of our services.

Have a GREEN Day!

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  Today's Topic Summary

Group: http://groups.google.com/group/kursus-forex/topics

• Linsanity - Learn Chinese (Mandarin) faster by using flashcards with pictures [1 Update]
• EARN MONEY AGAIN AND AGAIN ! DAPATKAN UANG LAGI DAN LAGI ! [1 Update]

 Linsanity - Learn Chinese (Mandarin) faster by using flashcards with pictures

BB8upq9lVU BB8upq9lVU <bb8upq9lvu@gmail.com> Feb 29 04:36PM -0800  

http://www.ichineseflashcards.com will help you learn Chinese
(Mandarin) faster by using flashcards with pictures, thanks
...more

 EARN MONEY AGAIN AND AGAIN ! DAPATKAN UANG LAGI DAN LAGI !

Clark Raymond <raymond.orkid@gmail.com> Mar 01 01:26AM +0800  

EARN MONEY AGAIN AND AGAIN ! DAPATKAN UANG LAGI DAN LAGI !
 
========================================
 
NO SPONSORING REQUIRED !
ONE TIME FEE ONLY !
INSTANT PAYMENT VIA LIBERTY RESERVE !
...more

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Click the Link Below to Review - Timing the Markets: Why 2012 is a Key Year

http://invest2success.blogspot.com/2012/03/timing-markets-why-2012-is-key-year.html




Successful Investing Trading

http://www.invest2success.com


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China Stock Market

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India Stock Market

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Arabian GCC Stock Markets

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Stock Option Futures Forex Brokers Compare

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Investing Trading Seminars Webinars Workshops Events

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Good day, good investing and trading!

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  Today's Topic Summary

Group: http://groups.google.com/group/everything-forex/topics

• SEXY ACTRESES VIDEOS MOVIES PHOTOS WATCH AND DOWNLOAD [1 Update]

 SEXY ACTRESES VIDEOS MOVIES PHOTOS WATCH AND DOWNLOAD

BGVBFG <osasdvhsvdhvv@gmail.com> Feb 29 10:38PM -0800  

hot videos
 
real kiss videos
http://videos2youth.blogspot.in/2011/11/real-kiss-videos.html
first night hot videos
http://videos2youth.blogspot.in/2011/11/first-night-hot-videos.html ...more

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Are you in stock market?

For special information of stock market check http://www.puntercalls.com

 

 

 

 

 

 

 

 

 

 

 

With Regards,

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  Today's Topic Summary

Group: http://groups.google.com/group/ForexAbode/topics

• ForexAbode Daily Analysis Updated-Feb 29th [2 Updates]

 ForexAbode Daily Analysis Updated-Feb 29th

"ForexAbode.com" <newsletter@forexabode.com> Feb 29 09:35PM +0900  

Dear All,
 

 
HAPPY BIRTHDAY to All, who get this chance only once in 4 years. May this
day brings 4 times happiness at the least.
 

 
Feb 28th- Today's EUR/USD, EUR/JPY, USD/JPY, GBP/JPY, ...more

"ForexAbode.com" <newsletter@forexabode.com> Mar 01 11:53AM +0900  

<http://www.forexabode.com/>
 

 
Forex Trading <http://www.forexabode.com/> with ForexAbode.com
 

 

 
From: forexabode@googlegroups.com [mailto:forexabode@googlegroups.com] On ...more

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Dear FX Trader,

We have just opened a trade at 2012.03.01 09:30:02 (GMT)
*** SELL GBPUSD @1.5929 ***
*** Stop Loss @ 1.6068 ***
*** Take Profit @ 0.0000 ***

Always late to follow our signal?
You can buy our Robot/Expert Advisor at
http://forexwinningsolution.com

What time on my country?
Here some major cities time:
- New York, United States : 2012.03.01 04:30:02
- London, United Kingdom : 2012.03.01 10:30:02
- Munich, Germany : 2012.03.01 11:30:02
- Dubai, Uni Emirat Arab : 2012.03.01 13:30:02
- Jakarta, Indonesia : 2012.03.01 16:30:02
- Kuala Lumpur, Malaysia : 2012.03.01 17:30:02
- Hongkong, China : 2012.03.01 17:30:02
- Tokyo, Japan : 2012.03.01 18:30:02
- Sydney, Australia : 2012.03.01 20:30:02

More time information : http://wwp.greenwichmeantime.com

How to define Lot Size?
We prefer use 10% balance. Example:
If balance $1000, trade 0.1 lot

What strategy we use?
We are using Reversal Strategy with Dynamic TP and SL (Max 139 pips)
You can buy our Robot/Expert Advisor at
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Good Luck and Have a nice pips!!

WSSFX Trader Team
http://wssfx.com

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- GBPUSD TRADER : http://forexwinningsolution.com

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Hello,

 

We offer valuable information and forecasts of worldwide financial instrument's evolution. Our analysis is the result of teamwork. We use astrology, technical analysis and little fundamental analysis... We make daily analysis for DOW JONES and EURUSD. Also we have weekly and monthly forecast too.

Our clients are traders or brokerage firms who needs this kind of analyses in their daily activities...

Our site is http://bitly.com/dharmik_team  

We would be interested in collaborating with you. We are certain that in time our analysis will prove to be among the best.

 

You can  SUBSCRIBE (http://bitly.com/dharmikteam_register) to our weekly newsletter to receive free reports about Dow Jones and EUR / USD parity.

Have a nice day.

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We offer valuable information and forecasts of worldwide financial instrument's evolution. Our analysis is the result of teamwork. We use astrology, technical analysis and little fundamental analysis... We make daily analysis for DOW JONES and EURUSD. Also we have weekly and monthly forecast too.

Our clients are traders or brokerage firms who needs this kind of analyses in their daily activities...

Our site is http://bitly.com/dharmik_team  

We would be interested in collaborating with you. We are certain that in time our analysis will prove to be among the best.

 

You can  SUBSCRIBE (http://bitly.com/dharmikteam_register) to our weekly newsletter to receive free reports about Dow Jones and EUR / USD parity.

Have a nice day.

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  Today's Topic Summary

Group: http://groups.google.com/group/globalspeculators/topics

• Kingfisher & UB Holdings Are Bankrupt-Veritas Sep11 [1 Update]
• {LONGTERMINVESTORS} ABB India ......Thread [1 Update]
• {LONGTERMINVESTORS} Tata Motors DVR & ORDINARY EQUITY SHARES .....thread.... [2 Updates]
• DLF - Interesting Read. [1 Update]
• {LONGTERMINVESTORS} Market buzz, Whispers, Rumours, Heard on the street...Thread. [4 Updates]
• microsec: NEWS ANALYSIS [1 Update]
• Company Update - Goodyear India [1 Update]
• MORNING NOTE [1 Update]
• Angel Broking - Daily Reports and Market Sumary - 01.03.2012 [1 Update]
• India Strategy - Midcaps, India Strategy by BoAML [1 Update]
• CRISIL....Thread [1 Update]
• Strides Arcolab, ASM Tech [1 Update]

 Kingfisher & UB Holdings Are Bankrupt-Veritas Sep11

Kothari <abhishekkothari2@gmail.com> Mar 01 01:29PM +0530  

Nice report.
...more

 {LONGTERMINVESTORS} ABB India ......Thread

RAJESH DESAI <stockdesai@gmail.com> Mar 01 01:26PM +0530  

pfa
 
2012/2/25 RAJESH DESAI <stockdesai@gmail.com>
 
 
--
CA. Rajesh Desai
...more

 {LONGTERMINVESTORS} Tata Motors DVR & ORDINARY EQUITY SHARES .....thread....

RAJESH DESAI <stockdesai@gmail.com> Feb 29 05:03PM +0530  

NOMURA
 
PFA
 
--
CA. Rajesh Desai
...more

RAJESH DESAI <stockdesai@gmail.com> Mar 01 01:29PM +0530  

*'Tata Sumo Gold' wins the Desert Storm 2012 (Xplore category)*
 
Tata Motors Full Throttle rallied home to victory in the 10th edition of
India's longest and one of the toughest off-roading events, ...more

 DLF - Interesting Read.

Kothari <abhishekkothari2@gmail.com> Mar 01 12:22PM +0530  

--
Thanks & Regards,
Abhishek Kothari
-----------------------------------------------------------------------------
Let Success be Your Achievement and not Your Goal ...more

 {LONGTERMINVESTORS} Market buzz, Whispers, Rumours, Heard on the street...Thread.

RAJESH DESAI <stockdesai@gmail.com> Feb 29 12:59PM +0530  

*Japan's manufacturing PMI eased* slightly in February to 50.5 from 50.7 in
January, in a sign that a recovery in factory output is likely to be modest
as a strong yen and doubts about overseas ...more

RAJESH DESAI <stockdesai@gmail.com> Feb 29 01:09PM +0530  

Economists braced for a 1% drop in US mfg new orders, but got a 4% drop on
month instead. Core orders excluding transport fell 3.2%. Order for capital
goods fell sharply as well with or without ...more

RAJESH DESAI <stockdesai@gmail.com> Mar 01 10:07AM +0530  

The rupee opened lower on Thursday, tracking weaker euro and on expected
dollar demand from domestic oil refiners.
 
The rupee was at 49.07 to the dollar from Wednesday's close of
49.0050/0150.
...more

RAJESH DESAI <stockdesai@gmail.com> Mar 01 10:05AM +0530  

China's official purchasing managers' index (PMI) rose to 51 in February
from 50.5 in January, the National Bureau of Statistics said on Thursday.
 
The reading indicated a modest expansion in the ...more

 microsec: NEWS ANALYSIS

RAJESH DESAI <stockdesai@gmail.com> Mar 01 09:46AM +0530  

** **
 
*INFRASTRUCTURE*
 
** **
 
*Adani buys HDIL's Mumbai plot for Rs 900 cr***
 
**· **In one of the biggest property deals in the country in recent
years, the real estate arm of ...more

 Company Update - Goodyear India

RAJESH DESAI <stockdesai@gmail.com> Mar 01 11:26AM +0530  

Dear All,
 
 
 
Forwarding you the *Company Update *on *Goodyear India*.
 
 
 
For 4QCY2011, Goodyear India Ltd. (GIL) reported lower-than-expected top
line at `395cr as against our expectation of ...more

 MORNING NOTE

RAJESH DESAI <stockdesai@gmail.com> Mar 01 09:43AM +0530  

*MARKETS*
 
Asian Market is trading lower as Hang Seng was down by 0.50% while Nikkei
225 was up by 0.30%, while Chinese markets were down by 0.15%. Asian stocks
entered a bull market yesterday ...more

 Angel Broking - Daily Reports and Market Sumary - 01.03.2012

RAJESH DESAI <stockdesai@gmail.com> Mar 01 10:13AM +0530  

Dear All,
 
 
 
Forwarding you the Daily Reports and Market Summary 01.03.2012. Kindly
click on the following links to view the Report.
 
 
...more

 India Strategy - Midcaps, India Strategy by BoAML

Amit shah <imamitshah@gmail.com> Mar 01 11:11AM +0530  

India Strategy - Midcaps,
India Strategy by BoAML
...more

 CRISIL....Thread

RAJESH DESAI <stockdesai@gmail.com> Feb 29 11:52AM +0530  

pfa
 
--
CA. Rajesh Desai
...more

 Strides Arcolab, ASM Tech

Amit shah <imamitshah@gmail.com> Feb 29 02:47PM +0530  

Strides Arcolab,
ASM Tech
...more

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Honda Motorcycle and Scooter India (HMSI) will set up its fourth plant
in Karnataka at an investment of Rs 800 crore. This will see the total
capacity of the company go up to nearly 6 million units.
An official with the Karnataka Government said that Honda has received
necessary approvals to set up the fourth plant at Narsapur, near
Bangalore. The third plant is also located at the same site and has a
capacity to produce 1.8 million units. The investment for the third
plant is around Rs 1,200 crore in the Government-allocated 96-acre
site.
The first plant, with a capacity of 1.6 million units, is located in
Manesar in Haryana and the second plant — with a capacity of 1.2
million units — is located in Tapukara in Rajasthan.
Ancillary units
The official said the ancillary units around the Honda plant will
invest a total of Rs 1,200 crore to manufacture parts for the main
unit. The Honda plant will generate jobs for around 5,000 people.
The company had earlier told Business Line that India will be its
biggest global market for two wheelers by 2015. It will account for
about 30 per cent of its overall market share, which is now at about
13 per cent.
Honda was earlier looking at setting up the fourth plant in Gujarat
but it eventually decided to set up the fourth plant in Karnataka
itself. The State Government recently offered tax concessions to Honda
for the plant, which includes 40 per cent value added tax payable by
the company to the Government as interest-free loan for up to 10
years. The cabinet has also cleared 95 per cent reimbursement of CST
for a period of five years and waiver of 100 per cent of land
registration cost as well.
HMSI officials had earlier said that the product line-up for the
Karnataka plant include, three models of automatic scooters and six
motorcycles in 100 cc to 250 cc range.
For full report click on below link
http://www.thehindubusinessline.com/todays-paper/tp-corporate/article2943751.ece

DISCLAIMER: - Smart Profit has taken due care and caution in
compilation of data for its reports. The market view and investment
tips expressed on Smart Profit are in no way a guarantee either
express or implied. However, Smart Profit does not guarantee the
accuracy, adequacy or completeness of any information and is not
responsible for any errors or omissions or for the results obtained
from the use of such information.
FOR FURTHER DETAILS CONTACT:-
SUMAN JAIN
(CEO)
+919820041126
Email: sumanjain@smartprofit.in

ANKITA JAIN
(Director)
+919819854402
Email: ankita@smartprofit.in
DIPAK MANGELA
(Research Analyst)
+919820260291
Email: dipak.mangela@smartprofit.in
SHAILESH GOWDA
(Sr. Executive)
+919967394114
Email: shailesh.gowda@smartprofit.in
MANSINGH RAI
(Sr. Executive)
+919320907684
Email: mansingh.rai@smartprofit.in

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Honda Motorcycle and Scooter India (HMSI) will set up its fourth plant
in Karnataka at an investment of Rs 800 crore. This will see the total
capacity of the company go up to nearly 6 million units.
An official with the Karnataka Government said that Honda has received
necessary approvals to set up the fourth plant at Narsapur, near
Bangalore. The third plant is also located at the same site and has a
capacity to produce 1.8 million units. The investment for the third
plant is around Rs 1,200 crore in the Government-allocated 96-acre
site.
The first plant, with a capacity of 1.6 million units, is located in
Manesar in Haryana and the second plant — with a capacity of 1.2
million units — is located in Tapukara in Rajasthan.
Ancillary units
The official said the ancillary units around the Honda plant will
invest a total of Rs 1,200 crore to manufacture parts for the main
unit. The Honda plant will generate jobs for around 5,000 people.
The company had earlier told Business Line that India will be its
biggest global market for two wheelers by 2015. It will account for
about 30 per cent of its overall market share, which is now at about
13 per cent.
Honda was earlier looking at setting up the fourth plant in Gujarat
but it eventually decided to set up the fourth plant in Karnataka
itself. The State Government recently offered tax concessions to Honda
for the plant, which includes 40 per cent value added tax payable by
the company to the Government as interest-free loan for up to 10
years. The cabinet has also cleared 95 per cent reimbursement of CST
for a period of five years and waiver of 100 per cent of land
registration cost as well.
HMSI officials had earlier said that the product line-up for the
Karnataka plant include, three models of automatic scooters and six
motorcycles in 100 cc to 250 cc range.
For full report click on below link
http://www.thehindubusinessline.com/todays-paper/tp-corporate/article2943751.ece

DISCLAIMER: - Smart Profit has taken due care and caution in
compilation of data for its reports. The market view and investment
tips expressed on Smart Profit are in no way a guarantee either
express or implied. However, Smart Profit does not guarantee the
accuracy, adequacy or completeness of any information and is not
responsible for any errors or omissions or for the results obtained
from the use of such information.
FOR FURTHER DETAILS CONTACT:-
SUMAN JAIN
(CEO)
+919820041126
Email: sumanjain@smartprofit.in

ANKITA JAIN
(Director)
+919819854402
Email: ankita@smartprofit.in
DIPAK MANGELA
(Research Analyst)
+919820260291
Email: dipak.mangela@smartprofit.in
SHAILESH GOWDA
(Sr. Executive)
+919967394114
Email: shailesh.gowda@smartprofit.in
MANSINGH RAI
(Sr. Executive)
+919320907684
Email: mansingh.rai@smartprofit.in

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Dear FX Trader,

We have just opened a trade at 2012.03.01 08:00:01 (GMT)
*** BUY GBPUSD @1.5917 ***
*** Stop Loss @ 1.5778 ***
*** Take Profit @ 0.0000 ***

Always late to follow our signal?
You can buy our Robot/Expert Advisor at
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What time on my country?
Here some major cities time:
- New York, United States : 2012.03.01 03:00:01
- London, United Kingdom : 2012.03.01 09:00:01
- Munich, Germany : 2012.03.01 10:00:01
- Dubai, Uni Emirat Arab : 2012.03.01 12:00:01
- Jakarta, Indonesia : 2012.03.01 15:00:01
- Kuala Lumpur, Malaysia : 2012.03.01 16:00:01
- Hongkong, China : 2012.03.01 16:00:01
- Tokyo, Japan : 2012.03.01 17:00:01
- Sydney, Australia : 2012.03.01 19:00:01

More time information : http://wwp.greenwichmeantime.com

How to define Lot Size?
We prefer use 10% balance. Example:
If balance $1000, trade 0.1 lot

What strategy we use?
We are using Reversal Strategy with Dynamic TP and SL (Max 139 pips)
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