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Buy orchid chemical for short term buying

Stress consumes your time and energy and weakens your immune system. It causes restlessness, unhappiness, impatience and anger. It can harm your life, ambitions, relationships and health. There is no doubt that it would be much better to live without it.

There are various methods to reduce, control and manage stress. Some stress management techniques may suit some people, and other techniques may suit other people.

one of the best methods for stress management is meditation. It exerts a calming effect on the body, nerves and blood pressure, reduces restlessness, and brings peace of mind, detachment and equanimity. To experience the benefits of meditation one needs to meditate everyday, but the problem is that not everyone has the discipline, will and desire to meditate, even when realizing the benefits of meditation.


It is not always possible to control or eliminate the reasons of stress, but it is possible to act and behave in certain ways that could reduce or alleviate it. You cannot always control the conditions of your life and circumstances, but you can learn to choose not to be internally influenced by them too much.

The following tips for stress management serve as first aid against stress. They will not prevent it altogether, but they can reduce or alleviate it.

Tips for stress management:

# When you feel stress is building up within you, if possible, stop what you are doing and take a short walk.

# When stressed, drink some water or juice.

# When under stress, take a few slow deep breaths.

# Eat some food you like, because food can calm down restlessness and nervousness.

# Listen to your favorite music.

# Do something that you like doing.

# Watch a funny movie.

# Repeat affirmations to calm you down, such as:
- My mind is getting calm.
- I am relaxed and happy.
- I can meet any situation with calmness and inner strength.
- Everything is going to turn out great.
- I feel how my body, feelings and mind are getting calmer.

# Think, and persuade yourself about the futility of stress, and how much it is better to live without it.

# Exercise your inner freedom, and do not to let other people thoughts, opinions, words and actions affect you.

# Engage in sports or physical activity.

You can manage stress if you put your mind to it. It requires some effort and time on your part, but the rewards are great. Follow the tips, but also remember that the more peaceful your mind becomes, the less stress you experience. The more inner peace you possess, the less anxiety, stress and fear you experience.

Do you want more money, possessions ,success,health,love and happiness? They exist in the world,and all you have to do is find a way to bring all these wonderful things into your life.
Everything starts in the mind, so that in order to acheive any kind of success, you have to learn how to activate and direct the powers of your mind towards success and acheivement.

Why markets are falling and how long they continue

Last week the rising inflation and rising oil prices had made the Indian stock markets bearish and both indices Nifty and sensex closed near there 52 weeks low.

Rising Oil prices –

Oil prices are increasing and making new highs. Last week the Oil rose to $140 per barrel which is new high.

Rising Inflation rates–

Indian inflation is also making new high. The inflation stood at 11.42% last week. This inflation is going to affect the Indian economy and if remains in two digits then RBI is going to taking more steps to bring down the inflation rates by increasing repo rate ( The price at which RBI lends) and reverse repo rate (price at which RBI borrows) which may make banks to raise the interest rates.

Rising of Interest Rates –

According to market analyst rising interest rates may bring down the companies earnings due to which there is negative sentiments on stock markets.
The bearish sentiment is not only on Indian markets but also all on global markets.

Effect of above factors –

Over all the rising interest rates will make effect on all sectors but the major impact will be on the interest rate sensitive sectors like PSU banks, Realty, Autos, Metals, Construction etc.
Auto will be sector which will bear the brunt of the interest rate hike. The sector will be impacted by three factors -- rising raw-material prices, increase in borrowing cost and less demand due to higher borrowing cost of the consumers. The real estate sector, too, faces a double blow. Decrease in demand is likely owing to higher borrowing costs, and because of higher cost of construction, the cost of funds will increase.

Support levels –

Both Indian indices Nifty and Sensex are trading near there 52 weeks low.
Support for nifty- 4100.
If this support level breaks then nifty may go down till 4000 levels.

Precaution steps –

The current bearish sentiments are for short term and if you take for long term then the Indian economy and markets will shine.
Please don’t panic in bearish market sentiments and sell stocks from your holdings.
Stocks having good fundamentals will recover as market recovers.
Avoid day trading and future trading unless you have expertise in them.

Our steps

Taking into consideration all these factors and future growth prospects we are scanning different sectors and stocks which may have less impact and provide excellent returns( above 70%) in long term investments. We will post them on website by next week and update you all according.

27-Jun-2008

OPEN 4136.35
HIGH 4178.50
LOW 4060.00
CLOSE 4078.55
VOLUME 785526
TURNOVER 1614915.37

NIFTY SUPPORT - 4450 / 4380
NIFTY RESISTANCE - 4550 / 4620

Looking into current market situation and taking into consideration higher interest rates, higher inflation rates and rising crude oil prices it could not be ruled out that bears are on hold and temporary, for short term, bulls are vanishing.
As we mentioned in our previous weekly posts the important support of Nifty at 4600. After this support level was violated, Nifty breaches drastically down and moved below 4400 and currently trading at around 4500 levels.
The important point to notice about the markets is that they are moving down with significant volumes. According to most of the analyst’s Indian market is still expensive taking into consideration 12 months forward earnings in comparison with other Asian markets.
The factors like higher inflation, increasing crude oil prices and higher interest rates could hamper the Indian corporate earnings in coming quarters due to which analyst feel that at current levels the Indian markets are expensive.
In January to may trading session Indian was the second worst performing
market. FII’s (foreign institutional investors) sold approx $4 billion.
FII’s have been sellers this year while Mutual funds and insurance who where
buyers at the beginning of this year are not doing so the reason could be
inflows (buyers) in mutuals funds and insurance may be slowing down.

What to expect Next week?
Important support levels -
Nifty has major support at 4400. If nifty closes below this level with huge support of volumes then further downtrend could be expected.
Market Direction
Indian Markets will track the Asian as well as USA Markets.
Increase in petrol and diesel prices will reflect in next week inflation report and most of the analyst are predicating that the inflation rate will move above 9% which is the all time high in the history of Indian economy .
This may have negative impact on stock market.

Action Steps
As we always kept writing you in our weekly posts to avoid day trading and future trading same will continue but if you are confident and knowledgeable about your moves then you can proceed.
Try and avoid bottom fishing (guessing and buying at lower levels) unless you have studied the company fundamentals.
Don’t panic and start selling your stocks in holding in current market situation. If your stocks have strong fundamentals then they will recover as market recovers so need to worry and get panic in bearish markets.
Don’t try to average your stock prices unless they are below more then 40 to 50 to 60% based on its fundamentals and that also in step wise instead of buying in large quantity.

Over all Market Outlook
It is not that the same situation will remain forever in Indian as well as Global markets but the markets may get worse before they get better and normal.

The support at 4,400 was tested on several sessions and proved durable. But, resistances exist all the way up to 4,750-4,800. Huge volume expansion would be required to break those resistances and such volume expansion seems unlikely. The downside support is more likely to crack than the upside resistances.
A downside breakout will be quite dangerous given the lack of visible supports below 4,400. There would be a target projection till 4,200 and that is backed by huge outstanding positions in the 4,200p.

There was some positive action is fertiliser shares with Nagarjuna Fertiliser, Chambal Fertiliser and GNFC all ending strong. Otherwise, winners such as Aurobindo Pharma, Aban, Bharat Forge, Dr Reddy's, IDFC, etc were scattered and isolated. There was some positive action in telecom shares like RCom, Bharti and Idea Cellular as well as in Spice.

Closure of NJHEP, the largest underground hydro-electric power project in the country commissioned by the SJVN, has affected supply to northern states — Punjab, Haryana, Uttar Pradesh, Uttaranchal, Rajasthan, Delhi and Himachal Pradesh.
The six units of 250 MW each of NJHEP were closed on June 11 last as a precaution, SJVN spokesman Vijay Kumar Verma said.
Sand and stone particles mixed silt is coarse and it can damage the machines, he said.
The high silt level has been caused by Spiti, a tributary of Satluj. He said nothing can be done in this condition except wait for the water flow to come to a permissible level.
Due to the stalling of the project, the corporation, a joint venture of the Centre and the state government, is losing about Rs 9 crore daily.

The Reserve Bank of India yesterday unexpectedly raised interest rates for the first time in 15 months with immediate effect but not changed reverse repo. This will be a bad news for banking stocks, as it will raise the interest rates in the coming weeks.

The markets may go to a new low today.Nifty futures may extend its losing streak.

Nifty Futures

Support 4428 4359 4302

Resistance 4548 4588 4602

SEL Manufacturing

BUY : CMP Rs 517
Target : Rs 800.
Term : Medium Term

SEL Manufacturing is one of the fastest growing textile company in India. The company’s
strategy of growing organically and inorganically has paid huge dividends, where the
turnover and the profit have grown almost 3x in two years.


Aggressive capacity expansion to fuel growth:

The company has undertaken two projects toexpand its capacity in various divisions. The first project (which was undertaken in July 2007) isalready 50% completed. The balance part consists of expanding the garments capacity by 3.5mn pieces p.a. (mppa), spinning capacity by 50,400 spindles, knitting capacity by 1800 tons, aterry towel plant of 3600 tons p.a. (TPA) and a captive power plant of 10 MW. These capacities would be commenced in a phased manner in FY09, the benefits of which would be seen in FY09 and FY10.

Company Background


SEL Manufacturing, a part of 40 year old R.S. Saluja Group, is a vertically integrated multiproductand multi location textile company, manufacturing & exporting readymade garments,knitted & dyed fabrics and cotton yarn with production facilities located in Ludhiana in Punjab and Baddi in Himachal Pradesh.The company was incorporated in 2000 for manufacture of readymade garments with an installed capacity of 2.5 mppa. Over the last few years, the company has integrated its operations from being a garment manufacturer to a fully integrated textile house.


Group company mergers
Year Company Area of Business
April 2004 Saluja Processors Pvt Ltd, Fabric knitting & processing
Saluja Fabrics Ltd

April 2005 S E Exports Acquired 99% stake in the Group
Partnership Firm engaged in garmenting


June 2006 Saluja Cotex Pvt Ltd Acquired 100% EOU spinning unit



Key Concerns

• The company derives almost 50% of its income from exports. This exposes the
company to currency risk. However, the risk is mitigated to an extent by exporting to
more than 40 countries globally. Also, 80% of the company’s billing is in Euro, which
to an extent has offset the impact of strong rupee.

• Any delay in the expansion plans will hurt the growth and accordingly our estimates


Disclaimer

The contents of this material are general and are neither comprehensive nor appropriate for
every individual and are solely for the informational purposes of the readers.

All investments involve risk and past performance does not guarantee future results.
Investigate before you invest.

This is not an offer to buy or sell or a solicitation of an offer to buy or sell any security or
instrument or to participate in any particular trading strategy.

Today the markets shown some weakness which shows that the entry into new scripts may be a little tougher. Wait for your turn to enter into the markets. As I say, for good reason, the buy side will no longer place much value on goodwill. The truth is there hasn’t been much coming our way for many days now. you don’t get it and maybe you never will.
“Trust no one” is the new rule.
Make your own rule to enter into the market.It is now for which reason the market will be coming back in bullish mood.
Crude price, inflation,elections,unemployment which all adds fuel into the market to move backwards and there is no sign of recovery in each and every aspect which all shows noplace for improvement.It is all in the hands of market players like Tech and Bank stocks to bring back the market in Bearish mood. In the longer run the market will be in a rangebound.European markets were weak. Key benchmark indices in France, Germany and UK were down by between 0.37% to 0.59%.
A well distributed monsoon will bolster food production, helping douse inflation. Agricultural output in India depends on good rains. The Indian Meteorological Department (IMD)’s second monsoon forecast for the crucial annual south-west monsoon (June-September) due this months which may indicate spatial rainfall distribution in the main sowing month of July 2008, will be keenly watched by market men. The IMD has forecast the 2008 monsoon rains would be near-normal and 99% of the average between 1941 and 1990.
Another near term trigger for the market will be corporate advance tax payments for the first installment which falls due on 15 June 2008. The income tax law requires a company to 15% the estimated tax liability for the year as advance tax in the first installment. The advance tax payment by the corporate sector will give a cue on Q1 June 2008 results.
A section of the market is of the view that the central bank may only use the reserve requirement route to tame inflation, fearing any hike in rates would further hurt growth already seen moderating to a still strong 8%-8.5% this fiscal year from 9% in 2007/08. To rein in inflation, in its monetary policy review for 2008-09 on 29 April 2008, the RBI raised cash reserve ratio (CRR) by 25 basis points to 8.25% to suck out excess liquidity in the banking system. RBI often says pass-through of high global oil prices is incomplete in India, complicating policy making.

NSE FACTSHEET

The market ended in deep red with almost all scrips ended in losing streak. All the analysts and market traders feel of almost the market may crash to its year low. Quarell of markets get worse screams from every quarter. They countdown the reason as ,

1. Steep rise in Crude oil price arond the globe, which makes the inflation figures a more worry,

2. Political uncertainity about the central govt and the nearby parliment elections,

3. Rupee fall over dollar,

4. Petrol price rise in this weekend which causes confusion among all quarter from consumer to the oil companies, with Communists opposing ,

5. Technical analysts comment of breaking every support level.

In the next couple of sessions the markets may witness some selling pressure from all quarters , with the top players of Nifty already at three month low, a pullback rally to 4960 is in the cards.

Reliance may look a little worry with it closing above crucial 2525 to take it to positive note.

Overall the Nifty Future will have a crucial support of 4671, 4645. Once crossess 4824 , it may even touch 4854 , tomorrow 3rd June.

Moving Averages are particulary useful in identifying the direction of an uptrend or downtrend of stocks and markets in general. They are based on the previous data and hence are generally referred to as lagging indicators which help us in locating the trend and following on in the trend . Since they do not allow you to predict the trend, you have to use other technical indicators in conjunction with them during trading.

Generally, the most common way to trade with the Moving averages is this - If the price crosses above the moving average, it means that a buying interest has set in - and thus indicates a buy signal. Similarly when the price crosses down the moving average, it means that a selling pressure has set in - thus indicates a sell signal.

Although it helps in indicating the current trend, it does not indicate for how long this trend would continue or when does the reverse trend begin. So traders should be cautious about this when using the moving averages for planning trades. It is also important to consider the volume for the security in question before trading. Sporadic movements with low volumes can generate erratic signals.

Market opened with a positive note but corrected later sharply and ended at days low of the first day of week. Nifty ended below 4750 levels. Biggest downswere realty, PSU, metal, power, banking, capital goods, technology and oil stocks. European markets also crashed, which added to negative sentiments. Market breadth was very weak. Midcap and small cap stocks hit badly.
Total turnover traded by the markets stood at Rs 51868.63 crore including Rs 11816.96 crore from NSE Cash segment, Rs 35257.77 crore from NSE F&O

F&O Snapshot

Nifty witness fresh short positions through out the day
Nifty Fut discount at 27 pts; add 35 lakh shares in OI
Momemtum stocks witness cut in open Int; fresh short position seen in large cap stocks
Nifty 4700 put adds 3 lakh shares ;Nifty 5000 put sheds 1.2 lakh shares
Nifty 4700 call adds 1.9 lakh shares, Nifty 4800 call adds 3.2 lakh shares
NSE F&O Turnover at 35257 cr lower than the last week’s avg

Asia Today

European market in the red as renewed reports that credit losses are spreading to European banks
Reports that Bradford & Bingley, the U.K.'s biggest mortgage lender, will raise more capital due to furtehr bad-debt provisions
Thailand down 2.8%, Kospi, Straits Times end marginally in teh redTaiwan up 1.2% on back of FIIs inflow
Hang Seng up 1.2%, Shanghai up 0.75%

For next week,the Nifty range will be of 4800 to 5000. There will be a few sectors or stocks, which will have a striking out performance and those will be the trading opportunities. As we go into next week as well to the market at large, the way we have closed this Friday, I suspect that traders would be guessing wither. It’s a break on 4800 on the way down or a break of 5000 on the way up. It’s frankly a toss of a coin with the market or the screen giving up not many signals as we head into Monday’s trade.

The sectors that is likely going to be positive is IT sector and Pharma. With the crude price on high and the inflation is a still worry as the rumour of oilprice hike seems to take effect by this week. To look at nifty next week it is going to be 4782 is the support

The markets opened on an optimistic note and ended with significant losses as the expiry witnessed a large scale unwinding of longs on the back of fears of a steep petro price hike.The indices have ended in the lower end of the day's spectrum that too with higher turnover and weak market internals
The coming session is likely to witness a range of 4930 on advances and 4740 on declines. The wide range is due to the large bas effect of Thursday. Being a weekend session, the traded volumes maybe truncated and the session may be relatively quieter.
The outlook for the markets today will be that of nervousness as long as the Nifty remains below the 4865 levels. The overseas cues will continue to provide an overhang on the domestic sentiments. Focus on capital preservation for now.

Rajesh Exports will announce results on June 18, 2008 which may act as trigger for short term bounce back.

Indian market closed in deep red due to heavy selling pressure across key sectors on the back of crude oil prices and surging inflation. The domestic market opened on the weak note tracking the unfavouring cues from the US market. The market kept on hovering in the negative territory and remained extremely bearish till the end. Market was not able to change the investors’ weak sentiment, as the international oil prices reached a new high of above $135 per barrel, Asian markets ended low and inflation worries demolished the market, which led the Sensex to fall below 17,000 mark. Also, the US Federal Reserve’s steps to cut US economic growth forecasts and signaling of any rate cut further is unlikely also add to the sentiments. The IT stocks attract the investors confidence at the initial stage but it gave up its gains towards the end due to selling pressure across the counters. From the sectoral front, all indices ended in negative but capital goods and metal stocks faced heavy selling pressures. The market breadth was negative as 1684 stocks closed in red while 1040 stocks closed in green and 67 stocks remained unchanged.