Live Market

Monday, January 11, 2010

Change in Property Prices

Data Source: Mint

If you were investing in real estate in the past couple of years, which destination would have given the best returns?
The answer is not Mumbai, Delhi or Bangalore. Kolkata, Faridabad and Bhopal would have been better choices. As per the National Housing Bank's Residex - an index of property prices, real estate prices in Kolkata have outpaced other metros since January 2007. The causes of Kolkata's price rise are many, the key being that property values there started-off at a lower base as compared to Delhi and Mumbai.

BANK NIFTY-FUTURE GAP UP OPENING

THE BANK NIFTY-FUTURE A GAP UP OPENING FAVOURS THE BULL'S.

What next?
Today the banknifty shows some unusual signs since its opening and we are just being a witness in this market as of now to confirm a firm trend ahead. once we found something we will intimate all our clients through yhaoo chat.Have patience.

I TOLD TO PLACE SELL ORDER IN 9239.00 TO MY CLIENTS.
IF IT IS SOLD I AM EXPECTING A MINOR FALL FROM THIS LEVEL TO 9200.00 LEVEL.

UP DATE 1.30pm

We covered the short at 9204.00 and took one more long.

Sold touble lots at 9222.00 and waiting to break the low to cover the short.

Bought 1 lot at 9165.00. around 2.45pm

No More position for today.

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Net Gain in today's trade's = 35+18+57 =110 points (-Brokerage)