Live Market

Monday, May 31, 2010

Banknifty&Nifty Opening Tomorrow?

Today the nifty failed to move beyond 5100 range and during the closing it rose to the extend possible but couldn't achive it.The nifty is able to sustain above the 200DMA and 20SMA and we expect the market tomorrow opens in "GAP UP'.

All our clients are in positionally long in banknifty future.We expect the nifty will move above 5140 level will confirm the bullishness and banknifty will move upto 9380.00level.

We also need to consider the world cue's and its trend tonight for the above said opening tomorrow.

Regards,
Atmo

The Pleasant Trading


We had a pleasant trading today.
The Market today was quit easy to predict and nifty was the actual cause that helped us to have a better decision making in trading in Banknifty future.The Nifty 200 DMA was @5000 level and the low today was 5015 and rised up from there on.The market was in swing and we have used the maximum of this swing to buy and sell.The net profit we gained is 160+ points.All our Stop Loss was Not hit.we succeded in 5/5 trades.That made us to feel glad and share with our friends..

Saturday, May 29, 2010

Shoeshine boy aces IIT entrance exam

Thu, May 27 05:47 PM
He helps his father, a cobbler, mend shoes in his spare time while his mother stitches rags to support the family, but financial hardships have not stopped Abhishek Kumar Bhartiya from coming out with flying colours in the IIT entrance exam.

Abhishek, who secured 154th rank in the SC category of IIT entrance test, now wants to propel his dreams by pursuing aerospace engineering at IIT-Kanpur here.

His father earns Rs 60-70 daily and mother stitches old clothings to earn money. But "this has never held them back from facilitating our education," Abhishek says, dedicating his success to his parents.

Abhishek, who also tries to pitch in by polishing shoes at his father's shop, has three young brothers and the family of six lives in a one room accommodation with no electricity.

"We have just one small room where six of us live and that too without electricity. So, he used to study under the lantern for five-six hours in the night," says his father Rajendra Prasad.

The family could not even think of providing coaching to Abhishek. "But by God's grace, a teacher of a coaching insitute helped him out," he says.

But even in the time of happiness, poverty haunts the family. "I am worried about the fees. From where can I manage the amount? This question is troubling my mind but even if I have to sell myself, I am ready for it," Prasad said.

With relatives flocking their house after hearing the news, the joyous father says he has not been able to open his shop since the IIT-JEE result came out yesterday.

"We are very happy. He is the first person in our family to be selected to the IITs," says his uncle Manoj Kumar.

Abhishek says he wants to support his siblings' education and help them to get into prestigious institutes.
Source:- Yahoo News