Monday, February 7, 2011

NIFTY NEXT- Will India Grow in FY 2011 ?


Big Yes ! Our Equity Research Team Just Analyzed the  Indian Economy Growth Data For FY 2011Published by GOI today 07 Feb 2011 & Nifty was trading at 5416 that Time.
Economy will by +8.6% in FY 2011.
Agriculture Sector will grow by 5.4%
Construction Sector will Grow by +8%.
Finance, Insurance & Real Estate sector will grow by +4.4%.
 Steel Consumption will grow by +8.8%.
Cement Production will also grow by +4.4%.
Electricity sector will grow by +5.1%.
Mining Sector will grow by +6.2%.
Trade, Transport & Hotel sector will grow by +11%.
Manufacturing sector will grow by + 8.8%.
Service Sector will grow by +11%
All the Data shows a Growing India Ahead. Nifty may find Strong Support @ 5400.Buying Blue Chips at this level is advisable. Hotel Sector is looking promising.
The Author is Founder Member & Sr.Technical Analyst  at M/S Durgapur Holdings.
Source: www.niftynext.com (Trading without Technicals  is Trading without Direction)

Call NiftyNext # +91-880 2230 836 For Paid Calls or Email at MAIL@NIFTYNEXT.COM Know More About Your Packages For Best Performance in Stocks Markets @ http://bankniftynext.blogspot.com

No comments:

Post a Comment

Thanks for Your Valuable comments. It will make Us to Serve You in Better Way. For Any STOCKS Query ,Please Call NiftyNext +91 880 2230 836.

Disclaimer

The recommendations made herein do not constitute an offer to sell or a solicitation to buy any of the securities mentioned. No representations can be made that the recommendations contained herein will be profitable or that they will not result in losses. Readers using the information contained herein are solely responsible for their actions. Information is obtained from sources deemed to be reliable but is not guaranteed as to accuracy and completeness. The above recommendations are based on the theory of Technical Analysis and do not reflect the fundamental validity of the Scrip.M/S Durgapur Holdings & www.niftynext..com does 't take any Responsibility for any losses arising from using the Stocks Recommendations.
We(M/S Durgapur Holdings & WWW.NIFTYNEXT.COM) are not Registered with Any Regulatory Body in India ie SEBI,NSE,BSE,AMFI or Any Otheres.


Read Earler Posts Here !

Acknowledgments

1. Ami Broker (www.amibroker.com) 2.I Charts (www.icharts.in) 3.Any Others Chart Service Providers 4.www.way2sms.com (SMS Service Provider) 5. HDFC Bank ( www.hdfcbank.com) 6. Fellow Yahoo Messenger ! Market Watch Room We are really thankfull to the Above for their Great Supports for making this Blog available to the Indian Traders.
Powered by 123ContactForm