Monday, September 1, 2014

morning thoughts...

We are into a new month and a new series with loads of astrological changes ahead.
Technically the markets are still up and can make new highs in the coming sessions for which the logical targets remains at 8050.
With change of uranus in saggitarius auto stocks will gain momentum in coming sessions.
One of the biggest reasons for the slowdown in India's growth has been lack of reforms and abundant red tapism during the tenure of the erstwhile UPA government. Chronic indecisiveness and lack of willingness to get things moving meant that quite a few projects in the infra space got stalled. Ever since coming into power, the Modi government has been on an overdrive to get rid of delays and hurdles in the execution of key projects. Just to give an example. During the UPA's reign, for a breakthrough on any proposal, it first had to go through various committees including the Planning Commission before any decision could be arrived at. And even those decisions were hardly satisfactory. The Modi government has expressed a strong intention of eliminating layers and pointless committees. We believe this is certainly a step in the right direction. For India to make any headway in terms of sustainable growth, expediting decision making is the order of the day. And the bureaucratic ills that plagued the UPA government was surely one of the biggest clogs in the wheel for India. 
Coming to the commodity markets bullions , base metals and energy remains a buy on dips

Monday wealth creators

Double bumper options - buy maruti 2800 ca , hero moto 2700 ca
Buy gold , silver , copper , crude
Buy nifty and bank nifty
Fo and cash - buy escorts , upl , beml
Fii and jackpot - buy reliance infra , indus ind bank