BPCL FUT LOOKING GOOD UPSIDE

BUY BPCL FUT @ 620-625

TARGET 650

HOLDING TILL FRIDAY 23RD/DEC

SL 615

BANKNIFTY FUT @19500 TARGET 18500

NIFTY FUT @8200

MAY REACH 7900 

BANKNIFTY FUT @19500
TARGET 18500

TARGETS CAN BE ACHIEVED IN 10 TRADING SESSIONS

BANKNIFTY FUT TARGET 1000 POINTS ACHIEVED IN 20 DAYS, GIVEN ON 17TH AUGUST @ 19158

 TARGET 19600, 20000

achieved.....................................................BANK NIFTY

 

Wednesday, August 17, 2016

BUY BANK NIFTY ABOVE SPOT 19158

BUY BUY BUY 

BANK NIFTY ABOVE SPOT 19158

TARGET 19600, 20000


IF YOU WANT SUCH CALLS 

IN FUTURES & OPTIONS

WATSAPP FOR FREE TRAIL

NO. 8790290922

SUBSCRIPTION RS. 3000/- PM

BUY NIFTY

BUY  BUY BUY

NIFTY 9000 CALL

@ 40-55

TARGET 150, 200

HOLD TILL 10 TRADING SESSIONS

Urjit Patel to take over from Raghuram Rajan as RBI Governor

By ET Bureau | Aug 20, 2016, 06.22 PM IST

NEW DELHI: Ending weeks of speculation the government today announced that sitting deputy Governor Urjit Patel will take over as the 24th Governor of the Reserve Bank of India when incumbent Raghuram Rajan demits office in the first week of September 

The appointment of Patel is seen by many as continuation of outgoing governor Raghuram Rajan's unfinished agenda at the Reserve Bank of India. 

Patel who is currently the deputy governor incharge of the monetary policy department has been instrumental in India's switch towards inflating targeting and CPI as the new inflation benchmark. 

52 year Patel has an M.Phil degree from OxfordBSE -4.88 % University and was an advisor with Boston Consulting Group before his appointment as the deputy governor at RBI in 2013.

Patel has also worked with the International Monetary Fund between 1990 and 1995 where he covered the US, India, Bahamas and Myanmar desks. He was on deputation to the Reserve Bank from the IMF between 1996 and 1997 after which he was a consultant (1998-2001) to the Department of Economic Affairs in the finance ministry. 

BUY BANK NIFTY ABOVE SPOT 19158

BUY BUY BUY 

BANK NIFTY ABOVE SPOT 19158

TARGET 19600, 20000

TILL EXPIRY

BUY BUY BUY

BUY BUY BUY

LICHSG 550 CALL

@ 6

TARGET 12,20

TILL EXPIRY


NIFTY 8500 CALL 
ACHIEVED TARGET OF 150
BY EXPIRY TARGET 250.

BUY : BUY : BUY

BUY : BUY : BUY

NIFTY 8500 CALL @ 40-50 
TARGET 150,250 

TILL EXPIRY 
SL 20

NO NEED OF NEW RBI GOVERNOR

Why Raghuram Rajan deserves a second term

What differentiates Rajan from his predecessors is his proactive steps in anticipating a problem and coming up with out-of-the-box solutions.

Shishir Asthana  |  Mumbai May 9, 2016 Last Updated at 15:20 IST

Four months before Raghuram Rajan’s term ends as the RBI governor, speculations are rife over his second term. The government has not yet made it clear whether he will get a second term. Rajan himself has said he has not been approached by the government as yet.

There are diverse opinions in the market about Rajan’s performance as the central bank governor. While he has been criticised as being too cautious in reducing interest rates, especially by the India Inc, market economists have appreciated his restrained approach at a time when global markets were in a turmoil.

For example, CLSA’s equity strategist Christopher Wood has gone ahead and said that the biggest risk to the Indian bond and currency markets will be if Rajan is not given a second term. Wood has pointed out Rajan’s strict monitoring and actions in controlling non-performing loans.

Still, there are voices that do not agree with Wood's opinions. But those who have been criticising Rajan for a delay in interest rate cuts should know that banks are yet to keep pace with the series of rate cuts announced by the RBI governor over the past 18 months. Further cuts will be meaningless if banks are unwilling to pass on the earlier cuts. Realising this, Rajan decided to infuse liquidity which should help banks pass on the rate cuts. A carrot-and-stick policy to make banks reduce interest rates is one of the many out-of-the-box policies that Rajan came up with during his tenure.

Rajan has been at the striking end fighting from one crisis to another since the day he took over as the governor. He stepped in at the worst possible time a governor could wish for. The rupee was in a free fall almost touching the 70-mark against the dollar in August-September 2013. Rajan introduced two instruments that offered a short-term window for banks to swap fresh Foreign Currency Non-Resident (Banks) or FCNR (B) deposits and allowed overseas borrowing limit of Tier-I capital for banks to be raised from 50% to 100%. This move saw short sellers rushing to the doors. Outflows were not only stopped but nearly $10-15 billion of inflows were seen over the next few months. 

Rajan’s international exposure came in handy in bringing in new instruments that helped in stemming the rupee slide.

It was under Rajan’s tenure that the central bank started following the much more meaningful Consumer Price Index (CPI) rather than the Wholesale Price Index (WPI). Partial slowdown in interest rate reduction can also be attributed to this change as CPI was at a much higher level than WPI and government actions in controlling inflation were not visible at the consumer level.

When banks were not willing to pass on interest rate cuts announced by RBI but were cutting deposit rates in order to garner profits to hide their non-performing loans, Rajan and his team introduced a change in methodology to marginal cost-based lending rate (MCLR), and at the same time giving banks liquidity to help them out of the crisis.

Banks were unwilling to disclose their toxic assets and needed to be arm-twisted in doing so. Rajan set a deadline for the banks to announce such assets. He also teamed up with the government in relaxing norms for loans in infrastructure sector which had been delayed on account of inaction by the previous UPA government.  

Rajan has been vocal against wilful defaulter and his statement against Mallya after his birthday bash contributed in a big way in flamboyant promoter being cornered.

What differentiates Rajan from his predecessors is his proactive steps in anticipating a problem and coming up with out-of-the-box solutions. At a time when the Indian economy is becoming an integral part of the global economy, the country needs a governor with international exposure to pre-empt the changing tides and act accordingly.

A growth oriented government would need a forward looking team member to steer its monetary policy. 

NIFTY FUTURE IF GOES BELOW 7800 THEN.............

NIFTY FUT IF GOES BELOW
7800

THEN ULTIMATE TARGET
7500

Join me in Watsapp, pay later

Hi traders
It's been long time posting messages
All these days I was in search of finding a way to invest only 5000 - 10000 RS for 1 month in Nifty options and thereby gain nearly 5-10 times the money invested.  This month I gave only 1 Nifty 7400 call @ 25 target given 300 and the call went more than 300.
Place a request to my no. 8790290922 I will add u in my group.
Only 1 call or 2 just invest 5000/-
When call multiplies 5 fold just pay me 3000/- it is up to you even after u earn and don't pay. It is up to your Almighty heart.

Good LUCK dear traders.