Contrarian view on market, The Flipside.

HEAD AND SHOULDERS Pattern:Look at the chart, index seems to be forming major reversal pattern called “Head and shoulders”. Left shoulder top is at 5168 and strong bottom of 4531(Dubai fall bottom).Head top is 5303-strong rebound from Dubai bottom. Now we if fail to cross the high of head which is placed at 5303 and start falling then it may create right shoulders. So the height of the pattern is 800 point (4531-5303). Confirmation...

Ban on FDI in Cigarette manufacturing:

         The Government of India is proposing a ban on FDI in Cigarette manufacturing in India. The move will come following request of the Health Ministry to include cigarette in the list of activities that are prohibited for FDI. However the domestic players does not seem to be affected adversely because capex and investment plans are generally not of substantial in nature for this industry. Presently, British American Tobacco, Altria Group and Japan Tobacco have the largest investments in India...

The Future's Largetst Indian Conglomerate of Financial Exchanges, or Even The WORLD'S!

Here is The Future of Financial Markets. Buy Financial Technologies Ltd. with Target of Rs.5000 Disclosure:Our analyst hold shares in this compa...