Thursday, March 31, 2011

NIFTY SURE SHOT, PERFORMANCE REPORT- MARCH,2011 : http://www.tradetoprofit.in

NIFTY SURE SHOT, MARCH - 2011
01-03-2011
Buy recommended at 5401,target-5450,stoploss-5388
Booked profit at 5510 PROFIT= 109 POINTS
03-03-2011
Buy recommended at 5484,target-5430,stoploss-5470
Booked profit at 5545 PROFIT= 61 POINTS
04-03-2011
Sell recommended at 5600,target-5560,stoploss-5610
Booked profit at 5540 PROFIT= 60 POINTS
07-03-2011
Buy recommended at 5417,target-5450,stoploss-5405
Booked profit at 5470 PROFIT= 53 POINTS
08-03-2011
Buy recommended at 5472,target-5515,stoploss-5460
Booked profit at 5520 PROFIT= 48 POINTS
09-03-2011
Sell recommended at 5545,target-5500,stoploss-5560
Hitted stoploss LOSS= 15 POINTS
10-03-2011
Sell recommended at 5503,target-5470,stoploss-5525
Booked profit at 5470 PROFIT= 33 POINTS
11-03-2011
Sell recommended at 5500,target-5460,stoploss-5515
Booked profit at 5450 PROFIT= 50 POINTS
14-03-2011
Sell recommended at 5522,target- 5470,stoploss-5535
Hitted stoploss LOSS= 13 POINTS
15-03-2011
Buy recommended at 5405,target-5450,stoploss- 5390
Hitted stoploss LOSS= 15 POINTS
Buy recommended at 5382,target-5450,stoploss-5360
Booked profit at 5468 PROFIT = 86 POINTS
16-03-2011
Buy recommended at 5478,target-5520,stoploss-5465
Booked profit at 5520 PROFIT= 42 POINTS
17-03-2011
Sell recommended at 5503,target-5460,stoploss-5515
Booked profit at 5440 PROFIT= 63 POINTS
18-03-2011
Sell recommended at 5474,target-5430,stoploss-5490
Booked profit at 5370 PROFIT= 104 POINTS
21-03-2011
Sell recommended at 5410,target-5370,stoploss-5425
Booked profit at 5360 PROFIT= 50 POINTS
22-03-2011
Buy recommended at 5384,target-5425,stoploss- 5370
Booked profit at 5425 PROFIT= 41 POINTS
23-03-2011
Buy recommended at 5415,target-5455,stoploss-5400
Booked profit at 5480 PROFIT= 65 POINTS
24-03-2011
Sell recommended at 5525,target-5485,stoploss-5540
Booked profit at 5502 PROFIT= 23 POINTS
25-03-2011
Buy recommended at 5590,target-5630,sl-5575
Booked profit at 5650, PROFIT= 60 POINTS
28-03-2011
Buy recommended at 5655,target-5700,stoploss-5640
Booked profit at 5710 PROFIT= 55 POINTS
29-03-2011
Buy recommended at 5755,target- 5800,stoploss- 5740
Booked profit at 5800 PROFIT= 45 POINTS
30-03-2011
Buy recommended at 5783,target-5830,stoploss- 5770
Booked profit at 5812 PROFIT= 29 POINTS
31-03-2011
Buy recommended at 5850,target-5900,stoploss-5835
Booked profit at 5900 PROFIT= 50 POINTS

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Tuesday, March 29, 2011

NIFTY IS GOING TO TASTE 6000 LEVEL ONCE AGAIN WITHIN THIS WEEK

NIFTY IS GOING TO TASTE 6000 LEVEL ONCE AGAIN WITHIN THIS WEEK

Our team of analysts is confidently predicting the fore cast for next moves of nifty

OUR NIFTY SURE SHOT PACKAGE IS BOOKING HUGE PROFIT DAILY

TODAYS CALL WAS BUY CALL IN NIFTY APRIL FUTURE

IT WAS RECOMMENDED AT 5755 WITH A TARGET OF 5800 AND STOPLOSS AT 5740

TARGET IS ACHIEVED PROVIDED PROFIT OF 45 POINTS

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Monday, March 28, 2011

stock market review,28-03-2011 : www.tradetoprofit.in

The markets gave off from the day’s high but ended in green for the fifth consecutive day. Buying was seen in Auto and Banking counters while reality and Metal counters witnessed selling pressure. The Sensex closed at 18,943 up by 128 points after making an intra-day low of 18,787 and the NSE Nifty up by 33 points to close at 5,687 after hitting a low of 5,626. The mid cap and small cap indices ended on a flat note. The market breadth was flat and the total turnover was Rs 1,75,218 Cr. The march future ended with 17 points premium.Movers & ShakersIn the reality pack, DLF down 0.58%, HDIL down 1.54%, Unitech down 2.60% & IB Reality up 0.33%.In the financial space Axis Bank up 1.20%, ICICI Bk. up 0.53%, SBI up 1.16% & PNB up 0.66%.In Metal space Hindalco down 0.56%, Sesa goa down 1.43%, Sterlite inds. down 0.97% & Tata Steel down 0.45%.In Oil & Gas Space BPCL down 0.29%, HPCL down 0.80% & IOC up 1.35%, Ongc up 0.76% and Reliance inds. down 0.21%.In Auto space M&M up 0.78%, Maruti up 1.60% & Telco up 2.90%.Amongst the Sensex losers Auropharma was down by 5.76%, Sunpharma was down by 3.58% & Suzlon was down by 2.84%.Among the Sensex gainers Strtech was up by 17.29%, Lic Hsng Fin was up by 6.26%, & Sreinfra was up 4.82%.VISIT http://www.tradetoprofit.in for daily sure shot profit from stock market IndiaThe markets gave off from the day’s high but ended in green for the fifth consecutive day. Buying was seen in Auto and Banking counters while reality and Metal counters witnessed selling pressure. The Sensex closed at 18,943 up by 128 points after making an intra-day low of 18,787 and the NSE Nifty up by 33 points to close at 5,687 after hitting a low of 5,626. The mid cap and small cap indices ended on a flat note. The market breadth was flat and the total turnover was Rs 1,75,218 Cr. The march future ended with 17 points premium.Movers & ShakersIn the reality pack, DLF down 0.58%, HDIL down 1.54%, Unitech down 2.60% & IB Reality up 0.33%.In the financial space Axis Bank up 1.20%, ICICI Bk. up 0.53%, SBI up 1.16% & PNB up 0.66%.In Metal space Hindalco down 0.56%, Sesa goa down 1.43%, Sterlite inds. down 0.97% & Tata Steel down 0.45%.In Oil & Gas Space BPCL down 0.29%, HPCL down 0.80% & IOC up 1.35%, Ongc up 0.76% and Reliance inds. down 0.21%.In Auto space M&M up 0.78%, Maruti up 1.60% & Telco up 2.90%.Amongst the Sensex losers Auropharma was down by 5.76%, Sunpharma was down by 3.58% & Suzlon was down by 2.84%.Among the Sensex gainers Strtech was up by 17.29%, Lic Hsng Fin was up by 6.26%, & Sreinfra was up 4.82%.VISIT http://www.tradetoprofit.in for daily sure shot profit from stock market India

Sunday, March 27, 2011

STRONG MARKET INDICATIONS FOR BULLISH MOVEMENTS

Equity market rally and a bond market rally. Such a goldilocks scenario is what is happening in the Indian market at present and it is expected to continue is all likelihood. Stocks and bonds can rally against all expectations unless one of the negative factors currently present in the environment rears its ugly head to derail the rally. The Sensex has rallied 7% from lows of 17500 seen in February while benchmark bond yields are down 20bps from highs seen in February. This rally has been in the face of many negatives including corruption scams, inflation, oil prices, Japan disaster, Eurozone debt crisis and China tightening. Corruption scams and inflation are domestic issues while the rest are global issues. The market look to be in a mood to look beyond the negatives and focus on positives. On the domestic front, while scams are still being investigated, most of the surprises in terms of fresh scams or new corporate names emerging in the scams look to be over. Inflation, running at over 8% is still a threat but markets have largely factored in more policy rate hikes by the RBI. Bond yields are in fact looking at a positive trend in the coming weeks given that the bond supply starting April is not a threat any longer. The government is scheduled to borrow Rs 250,000 gross or Rs 190,000 crore net of redemptions in the first six months of fiscal 2011-12. The supply is lower by almost Rs 35,000 crore than what it was last year and will not see much of an absorption issue. Liquidity, which has been negative for all the while with banks borrowing from the RBI on a daily basis, is also likely to ease going into April on the back of government spending. The government is expected to spend Rs 70,000 crore of its Rs 90,000 crore surplus by the end of March. Easing liquidity coupled with an easily absorbable government bond supply will bring down bond yields. The Middle East tensions are more worrying as it is leading to a war like situation in the region. Oil is trading at higher levels of USD 116/bbl (Brent crude) and outlook for oil prices are bullish. Oil can derail economies especially oil importing ones like India which imports 70% of its oil requirements. However, given the level of oil prices (up over 30% over the last six months), the rupee has rallied by 1% against the US Dollar. There does not seem to be any fear in the currency though the rupee is definitely vulnerable to oil. The markets, however, may see oil price as negative that one would have to live with and look further ahead on potential supply alleviators. Oil is a positive in the sense of oil producing countries earning above average revenues leading to high levels of cash accumulation in these countries. This cash has the potential to flow into markets. The Japan nuclear threat, while not gone yet, is slowly losing its intensity. Once the threat dissipates, Japan will start focusing on replacing the lost power capacity and that could provide opportunities in plenty to suppliers of power equipment. Japan also has to rebuild its infrastructure, the cost of which is estimated at USD 235 billion. While one worries about where the money will come from given Japan’s debt is twice its GDP, the money spent will provide business opportunities all around. The fact that Japan will keep monetary policy highly accommodative, will lead to high Yen liquidity in the system leading to fresh carry trade positions being built. The immediate movement of the Yen after the earthquake and tsunami was higher against the USD, on speculation that Japanese institutions will bring back money invested abroad. The Yen gained 6% against the USD on the back of the speculative purchases, but lost all its gains on G7 intervention. The outlook for the Yen is bearish given that Japan will have to weaken its fiscal policy and keep its monetary policy accommodative to ride over the disaster. The markets also seem sanguine on China despite the country raising bank reserve requirements. China is looking to fend off inflation which is trending at 5% levels and are tightening fiscal and monetary policy. However, China’s bank reserves requirements at 20% of deposits, is also a positive as China can always free the reserves when required especially in times when inflation slows down and growth trends down. The Shanghai equity index is still marginally positive year to date despite three rate hikes this year. On the other hand, economic indicators in the developed world are showing strength. Manufacturing growth across US, Germany and China have been showing month on month growth while employment in the US is picking up with jobs being created for the last few months. The central banks of US, Eurozone and UK have all maintained rates at all time lows despite inflation trending at higher than target levels. While the ECB (European Central Bank) may raise rates next month to signal their inflation worries, the impact is not likely to be high. The Euro has gained over 20% to the USD from lows on the back of rate differentials as the US Fed is far from tightening their policy. The US is continuing to flood the system with money by continuing with its USD 600 billion bond purchase program. This will end in June 2011. Markets will continue to search for yields in the light of the high liquidity and will take higher risk in the process. Higher risk taking is good for emerging markets like India.http://www.tradetoprofit.inhttp://performance-report-2011.blogspot.com/
Equity market rally and a bond market rally. Such a goldilocks scenario is what is happening in the Indian market at present and it is expected to continue is all likelihood. Stocks and bonds can rally against all expectations unless one of the negative factors currently present in the environment rears its ugly head to derail the rally. The Sensex has rallied 7% from lows of 17500 seen in February while benchmark bond yields are down 20bps from highs seen in February. This rally has been in the face of many negatives including corruption scams, inflation, oil prices, Japan disaster, Eurozone debt crisis and China tightening. Corruption scams and inflation are domestic issues while the rest are global issues. The market look to be in a mood to look beyond the negatives and focus on positives. On the domestic front, while scams are still being investigated, most of the surprises in terms of fresh scams or new corporate names emerging in the scams look to be over. Inflation, running at over 8% is still a threat but markets have largely factored in more policy rate hikes by the RBI. Bond yields are in fact looking at a positive trend in the coming weeks given that the bond supply starting April is not a threat any longer. The government is scheduled to borrow Rs 250,000 gross or Rs 190,000 crore net of redemptions in the first six months of fiscal 2011-12. The supply is lower by almost Rs 35,000 crore than what it was last year and will not see much of an absorption issue. Liquidity, which has been negative for all the while with banks borrowing from the RBI on a daily basis, is also likely to ease going into April on the back of government spending. The government is expected to spend Rs 70,000 crore of its Rs 90,000 crore surplus by the end of March. Easing liquidity coupled with an easily absorbable government bond supply will bring down bond yields. The Middle East tensions are more worrying as it is leading to a war like situation in the region. Oil is trading at higher levels of USD 116/bbl (Brent crude) and outlook for oil prices are bullish. Oil can derail economies especially oil importing ones like India which imports 70% of its oil requirements. However, given the level of oil prices (up over 30% over the last six months), the rupee has rallied by 1% against the US Dollar. There does not seem to be any fear in the currency though the rupee is definitely vulnerable to oil. The markets, however, may see oil price as negative that one would have to live with and look further ahead on potential supply alleviators. Oil is a positive in the sense of oil producing countries earning above average revenues leading to high levels of cash accumulation in these countries. This cash has the potential to flow into markets. The Japan nuclear threat, while not gone yet, is slowly losing its intensity. Once the threat dissipates, Japan will start focusing on replacing the lost power capacity and that could provide opportunities in plenty to suppliers of power equipment. Japan also has to rebuild its infrastructure, the cost of which is estimated at USD 235 billion. While one worries about where the money will come from given Japan’s debt is twice its GDP, the money spent will provide business opportunities all around. The fact that Japan will keep monetary policy highly accommodative, will lead to high Yen liquidity in the system leading to fresh carry trade positions being built. The immediate movement of the Yen after the earthquake and tsunami was higher against the USD, on speculation that Japanese institutions will bring back money invested abroad. The Yen gained 6% against the USD on the back of the speculative purchases, but lost all its gains on G7 intervention. The outlook for the Yen is bearish given that Japan will have to weaken its fiscal policy and keep its monetary policy accommodative to ride over the disaster. The markets also seem sanguine on China despite the country raising bank reserve requirements. China is looking to fend off inflation which is trending at 5% levels and are tightening fiscal and monetary policy. However, China’s bank reserves requirements at 20% of deposits, is also a positive as China can always free the reserves when required especially in times when inflation slows down and growth trends down. The Shanghai equity index is still marginally positive year to date despite three rate hikes this year. On the other hand, economic indicators in the developed world are showing strength. Manufacturing growth across US, Germany and China have been showing month on month growth while employment in the US is picking up with jobs being created for the last few months. The central banks of US, Eurozone and UK have all maintained rates at all time lows despite inflation trending at higher than target levels. While the ECB (European Central Bank) may raise rates next month to signal their inflation worries, the impact is not likely to be high. The Euro has gained over 20% to the USD from lows on the back of rate differentials as the US Fed is far from tightening their policy. The US is continuing to flood the system with money by continuing with its USD 600 billion bond purchase program. This will end in June 2011. Markets will continue to search for yields in the light of the high liquidity and will take higher risk in the process. Higher risk taking is good for emerging markets like India.

http://www.tradetoprofit.in

http://performance-report-2011.blogspot.com/

Saturday, March 26, 2011

HOW TO INVEST IN THE STOCK MARKET IN INDIA ?


How to invest in stock market India? This is a question asked by many newcomers into the Indian stock market each year. The prospect of huge gains and living the high life induces many people to come and try their luck in the stock market each year. The uncertainty certainly adds to the excitement but at the same time, the chances of facing a loss are huge. It is true that almost every person who comes into the stock market in India is looking for big money. Though some might strike oil on the first dig, others have to try for years before they are able to see the riches. This does not mean that you can’t make a steady income in the stock market India. But having know-how of the stock market is very importantHere are some stock market free tips that can help:

Proper Research
Doing proper research is extremely important for you before you actually start trading. Gaining knowledge about the Indian stock market is necessary to be able to take decisions and minimize the risk of loss. Before making any investment, it is imperative that you look into the background of the company and how likely the stock is to make a profit for you. Understanding what goes on in the Indian stock market is essential to be a long-term player.

News

When you are in the Indian stock market, you are going to hear all sorts of things about the stocks of various companies on a daily basis. Almost all of these are rumors and you should remember not to pay any heed to them. Believing a rumor and making an investment could lead to a big loss for you. It is vital that you don’t believe any news or rumor made known to you by a trader or the middle man. This is one of the crucial stock market free tips for you.

Don’t Speculate

Though even the most experienced of traders will tell you that effective speculation is the key to success in the Indian stock market, the same does not hold true for everyone, especially beginners. You should take the time to understand the stock market and how it works. There are many companies in India listed on the stock exchange so there is no shortage of stock buying options for you. Don’t buy the stocks of a company on a speculative basis, trusting your instinct. It is a risky move and has the potential to translate into loss.
Diversify
Diversification is a good idea in the Indian stock market. Putting all your money on the stocks of a single company is a gamble with the odds stacked heavily against you. You should invest in stocks of different companies. Preferably, choose companies from different sectors of the economy. The technology sector will be a wise investment at this time as it is booming in India. This is also one of the most important stock market free tips for you.

Greed

Greed is good but only for Gordon Gekko. Not for you! Don’t be blind sighted by greed and go for a big potential gain, overlooking a small actual gain. The smaller gains will add up to make you a rich man. Avoid emotions and think with a cool head whenever you make a decision.

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Friday, March 25, 2011

INTRODUCED 1 WEEK TRIAL PACK FOR NIFTY SURE SHOT PACKAGE

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Tuesday, March 22, 2011

PERFORMANCE- NIFTY FEBRUARY,2011

NIFTY SURE SHOT, FEBRUARY-2011
01-02-2011
Sell recommended at 5470,target-5400,stoploss-5485
BOOKED PROFIT AT 5409 PROFIT= 61 POINTS
02-02-2011
Sell recommended at 5485,target-5440,stoploss-5500
Booked profit at 5440 PROFIT= 45 POINTS
03-02-2011
Buy recommended at 5468,target-5500,stoploss-5455
Booked profit at 5530 PROFIT= 62 POINTS
04-02-2011
Buy recommended at 5523,target-5560,stoploss-5410
Booked profit at 5540 PROFIT= 17 POINTS
07-02-2011
Buy recommended at 5438,target-5480,stoploss-5425
Hitted stoploss LOSS= 13 POINTS
08-02-2011
Sell recommended at 5408,target-5365,stoploss-5420
Booked profit at 5310 PROFIT= 98 POINTS
09-02-2011
Buy recommended at 5294,target-5350,stoploss-5280
Booked profit at 5330 PROFIT= 36 POINTS
10-02-2011
Buy recommended at 5203,target-5240,stoploss-5190
Booked profit at 5243 PROFIT= 40 POINTS
Buy recommended at 5206,target-5230,stoploss-5195
Booked profit at 5236 PROFIT= 30 POINTS
11-02-2011
Buy recommended at 5180,target-5225,stoploss-5165
Booked profit at 5300 PROFIT= 120 POINTS
14-02-2011
Buy recommended at 5410,target-5450,stoploss-5400
Booked profit at 5450 PROFIT= 40 POINTS
15-02-2011
Buy recommended at 5410,target-5450,stoploss-5395
Booked profit at 5470 PROFIT= 60 POINTS
16-02-2011
Sell recommended at 5500,target-5450,stoploss5515
Booked profit at 5470 PROFIT= 30 POINTS
17-02-2011
Sell recommended at 5548,target-5500,stoploss-5560
Booked profit at 5500 PROFIT= 48 POINTS
18-02-2011
Sell recommended at 5588,target-5540,stoploss-5600
Booked profit at 5450 PROFIT= 138 POINTS
21-02-2011
Sell recommended at 5477,target-5440,stoploss-5490
Booked profit at 5440 PROFIT= 37 POINTS
22-02-2011
Buy recommended at 5460,target-5500,stoploss-5445
Booked profit at 5518 PROFIT= 58 POINTS
23-02-2011
Sell recommended at 5478,target-5440,stoploss-5490
Hitted stoploss LOSS= 12 POINTS
24-02-2011
Sell recommended at 5413,target-5370,stoploss-5425
Booked profit at 5358 PROFIT= 55 POINTS
25-02-2011
Sell recommended at 5320,target-5275,stoploss-5335
Booked profit at 5262 PROFIT= 58 POINTS
28-02-2011
Buy recommended at 5320,target-5400,stoploss- 5435
Booked profit at 5450 PROFIT= 130 POINTS

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Monday, March 21, 2011

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Sunday, March 20, 2011

Tips to ride over the slowdown

We all know as the financial world is going through a credit crunch, the real economy will sooner or later feel the heat of this impact. Companies and institutions are cutting costs to survive these challenging times. Itâۉ„¢s imperative to understand that it is not just companies that will be affected; individuals too can be affected with this slowdown.

Many of us have invested our hard earned money in share market. Some of us have invested when the market was in its all time high of 22000 levels. Today the market has crashed to 8000 levels. Some of us have booked the loss and exited from the market but those who have not exited are in such a situation that they can not exit at this time. So there is no other choice than to consider those investments as a fixed deposit for long term tenure at least 5 years horizon period.

What do we learn from all this things? There is a well known saying especially for share market investment and it is âہ“Never place all the eggs in one basket.â€Â So, one should not put all his money into one stock or only in equities at this time. Better stay away from market for some time (look into investing after Elections are over) let the market get its stability and follow a staggered buying process like SIP in Mutual Funds.

Invest in large-cap companies because money will first flow into quality large-cap companies. Many people do not know about large cap, mid cap and small cap companies. In this case better to invest in Diversified Mutual Funds via SIP route.

Do not be greedy. Cut short your expectations in terms of returns required and increase the horizon of investing (18-24 Months), though you may get strong rallies on the upside as the markets are heavily oversold at this time. There is no use of booking short term profit as it will lead to tax implications.

Research shows that companies where the debt-equity ratio is low and has good cash flows, can be utilized for growth. For example, companies in the FMCG sector which have almost nil debt and the business is supported by robust cash flows and are regular dividend players. The few of the good dividend paying companies are Colgate, ITC, Hindustan Unilever and Godrej Consumer Products Limited etc. Look at dividend yielding stocks, especially in the PSU and banking stocks whose dividend paying history is robust.

Before taking any decision in investment you must take into consideration the Portfolio allocation. In the short term run, because the market is highly oversold, if a technical rally comes then almost all stocks which have been crashed heavily will offer quick returns. But how long the technical bounce sustains is unpredictable. So if your portfolio has those stocks and you get your expected returns or at least the capital take a decision to stay invested or exit. In the medium term, inflation level will go down owing to the huge corrections that have happened in commodities and food prices. So that is also a point to consideration. Best of Luck and Happy Investing
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Saturday, March 19, 2011

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Friday, March 18, 2011

Post

One of the major reasons for current market crash is rising price of Crude oil however the recent turmoil in Arab world is not expected to last long and soon oil price would stabilize at around $ 90 per barrel. So we are expecting thing to improve but before that be ready to see some more profit booking in the market. NSE and MARKETS will experience some more selling pressure.
Investors should stay away from the market for some more time. Once this correction is over we are going to witness sharp recovery in the market.
Stay calm trust on technical levels and use this correction as a good opportunity to earn decent money because any day sharp rise or fall is much better than consolidation.
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Thursday, March 17, 2011

IMPOTTANCE IF FACIAL

Research reveals facials come with several benefits, both physical and psychological. "Facials counteract the effects of pollutants and sun exposure, helping cleanse, rehydrate and rejuvenate skin.

They can also be used as a mild treatment to take care of skin blemishes, dead skin and early wrinkles. It's best to start them at 25, when the skin begins to undergo its first round of wear and tear. Regular facials also ensure better penetration of anti-ageing skincare products," explains Mumbai-based dermatologist Dr Apratim Goel.

According to beauty expert, Shahnaz Hussain, one of the pioneers of facials in India, "Facials help maintain the oil-moisture balance of the skin, along with the acid-alkali balance. And since facials aid in the toning of both skin and muscles, it also doubles up as an effective anti-ager, when done on a regular basis, ideally once every month beyond the age of 30. Besides, it helps relax every muscle on the face and neck, bringing about a soothing effect." Every facial follows a few basic steps, each of which comes with individual benefits.
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Wednesday, March 16, 2011

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Monday, March 14, 2011

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Thursday, March 10, 2011

Higher oil prices slow US, global economies; US trade deficit rises to 7-month high

Higher oil prices are slowing global economic growth, and the impact is likely to spread in coming months.

Oil prices helped raise the U.S. trade deficit to a seven-month high in January, when crude prices were $87.50 a barrel. Oil is now trading at more than $100 a barrel, suggesting the gap will widen in coming months. Even fast-growing China isn't immune -- higher oil prices contributed to a rare trade deficit there in February.

"It's a bad start, because we all know the oil shock is still coming," said Paul Ashworth, an economist at Capital Economics.

Pricier oil dampens consumer spending and that cuts into economic growth. Surging oil prices can also stir up inflation fears, triggering higher interest rates that cut into household and business spending.

In January, America's foreign oil bill rose 9.5 percent, or $3.04 billion, to $34.9 billion. That's the highest monthly total since October 2008.

Since then, political turmoil in Libya, Egypt and Tunisia have sent oil prices surging. At the same time, accelerating economic growth in Asia and Latin America has also boosted demand.

The impact is visible in bold numbers each morning on gas station marquees across the United States. Pump prices have risen 13 percent in the past month to a national average of $3.53 a gallon, according to AAA, Wright Express and Oil Price Information Service.

Airlines have also been rapidly raising their fares to offset higher fuel costs. American Airlines said Thursday it is increasing its base fares by $10, the seventh price hike this year by U.S. airlines.

Jay Bryson, global economist at Wells Fargo Securities, said he has cut his U.S. growth estimate for the January-March period to 2.9 percent, down from about 3.3 percent last month. Much of that reduction is due to the impact of higher oil and gas prices.

The $46.3 billion trade deficit in January also will subtract from economic growth. Higher prices for oil helped drive imports up at the fastest rate in 18 years, as did rising demand for foreign cars, auto parts and machinery. Imports rose at nearly twice the pace of exports, to $214.1 billion, the Commerce Department said. Exports rose to an all-time high of $167.7 billion.

That isn't all bad news. A wider deficit is partly a sign of greater spending by businesses and consumers. But it also means that more of that spending is going overseas, reducing U.S. economic growth.

Imports of foreign-made autos and auto parts increased 14 percent, or $2.67 billion, as auto production rose in the U.S. and Canada. Demand for big-ticket capital goods such as industrial machinery and computers increased 5.2 percent. Imports of consumer goods, such as clothing, shoes, electronic appliance and toys and games, were up 2.2 percent.

"To the extent that this surge reflects the strength of domestic demand ... it isn't necessarily a disaster," Ashworth said.

Rising oil prices can slow the economy in another way: by spurring central banks to raise interest rates. Few economists expect the U.S. Federal Reserve to take such a step. But that's a potential problem in Europe.

Both the European Central Bank and the Bank of England appear to be preparing interest rate hikes in the next couple of months, in an effort to keep inflation in check.

Many analysts fear that could bring a faltering economic recovery in Europe to a halt. Though Germany, Europe's economic powerhouse, is growing strongly, a number of countries, notably the highly indebted nations such as Greece and Portugal, are expected to contract further this year. Europe is a major source of U.S. exports and a slowdown there could weigh on the U.S. recovery.

The turmoil in the Middle East could have a bigger impact on Europe's economy than the U.S., economists at Bank of America Merrill Lynch wrote in a research note.

The U.S. has a lot of natural gas, which serves as alternative energy source, and can refine a wider variety of crude oil, the economists said. European countries are more exposed to rising oil prices because they primarily consume the "sweet crude" produced by Libya. Refineries in Europe are not as well equipped as those in the U.S. to process other varieties of oil.

Still, the impact on both the United States and Europe will likely be limited, economists said.

Mark Zandi, chief economist at Moody's Analytics, recently cut his forecast for economic growth in 2011 from 3.9 percent to 3.5 percent. He cited rising oil prices and expected spending cuts in Washington as the reasons for the downward revision.

Zandi also boosted his estimate of the average price of oil this year from $90 to $100.

Oil prices would have to top $150 a barrel to truly threaten the recovery in the U.S. and around the world, most economists say.

Pricey oil is hurting even the strongest economies. China, which typically runs huge trade surpluses with the rest of the world, reported a surprise deficit of $7.3 billion for February. Higher prices for oil and other commodities pushed imports up 19.4 percent while its exports dropped 2.4 percent.

The export decline reflected the fact that Chinese businesses were idled for the weeklong Lunar New Year holiday. Analysts said the rare trade deficit for China was likely to be temporary and not the start of a trend.

More expensive oil isn't bad news for everyone. Saudi Arabia, Iran and Venezuela and other OPEC members, as well as Russia and Mexico, benefit from the rise in prices.
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Health-Insurance Changes for 2011

Employers will be making some changes to their health-insurance plans for 2011 because of health-care reform — such as offering coverage to children up to age 26 — and as a way to help control rising health-care costs. A recent survey of large companies by the National Business Group on Health found that employers estimate their health-care-benefit costs will increase by an average of 8.9% in 2011, compared with an average increase of 7% this year. These employers are continuing to boost premiums and co-payments, but they're also beefing up programs that encourage employees to lower their medical expenses.

Higher Premiums and Co-Pays

Sixty-three percent of the employers surveyed plan to increase the percentage that employees contribute to the premium (on average, employees contribute 17% of the premium for single coverage and 27% for family coverage). And 46% plan to raise out-of-pocket maximums. About 40% of employers also intend to increase in-network or out-of-network deductibles.

These large employers have already been boosting employees' share of the premiums and co-payments over the past few years, and they realize that increasing employee costs cannot be their only solution — especially because many workers have had stagnant wages and may have a spouse who lost a job, says Helen Darling, president of the National Business Group on Health.

If employers increase co-pays too much, the employees may not seek care they need, which could lead to greater medical expenses in the future. And the claims costs have a direct impact on these employers, who are self-insured and pay claims from their own money, using an insurance company only for administration (a common practice for many large companies). These employers are targeting some of their increases at areas that will help encourage employees to be more careful about costs — such as increasing cost sharing for non-emergency care at an emergency room.

The Solution

If you have a choice of several plans, factor your potential out-of-pocket costs into the equation rather than looking just at premiums. Evaluate the new rules for co-payments carefully when deciding which type of care to use throughout the year.

More High-Deductible Health Plans and Health Savings Accounts

Sixty-one percent of the employers surveyed said they plan to offer a consumer-directed health plan in 2011 (usually a high-deductible health plan combined with a health savings account), which helps lower health-care costs because it encourages employees to become better health-care shoppers. In fact, 20% of the employers plan to make the consumer-directed health plan the only choice. Those that are offering several options are steering employees toward the high-deductible plans by reducing premiums and often contributing money to the employees' health savings accounts.

The Solution

These extra incentives may make a high-deductible plan worthwhile, even if you aren't in perfect health. Also, most high-deductible plans now cover preventive care without cost sharing before you reach the deductible. Look carefully at the high-deductible plan option this year and consider adding some of your own money to an HSA (if you're eligible). Contributing to an HSA lowers your taxable income, and your money grows tax-deferred for the future and can be used tax-free for medical expenses in any year — even after you switch to a new job.

Better Deals for Primary-Care and Wellness Programs

Many employers intend to reduce or eliminate the co-pays for primary care and preventive care, which can help catch problems early and lower medical expenses in the long run. Employers have been experimenting with various forms of wellness benefits over the past few years, and most now give people bonuses for participating in wellness programs rather than penalizing them if they do not. "They like carrots more than sticks," says Darling. Forty-one percent of the employers are offering discounts for participation in wellness programs, and the average incentive to employees is $380; 22% of employers offered discounts on premiums for participating in tobacco-cessation programs.

[See 10 Things Primary-Care Doctors Won't Tell You]

The Solution

Employers realized that they needed to provide workers with better incentives to sign up for wellness programs. So if participating in one seemed like a hassle in the past, it may be worth a second look this year. Also, get a list of free preventive-care services and make the most of them throughout the year.

Extra Charges for Brand-Name Drugs

Over the past few years, more employers have been charging varying levels of co-pays for different types of drugs. Sixty-three percent now have a three-tiered design for their prescription-drug coverage, charging the lowest co-pay for generic drugs, the middle rate for preferred brand-name drugs and the highest co-pay for other brand-name drugs.

People also have to jump through more hoops to get their drugs. Seventy-three percent of employers now require prior authorization before they will let you use certain drugs, and many are using step therapy, which requires doctors to try a lower-cost drug first before certain higher-cost drugs will be covered. Employers are also changing co-pays to encourage you to get your drugs from a cheaper source. For example, some will fully cover the cost of maintenance medications only if you use mail-order pharmacies. If you choose to get the medication at a local pharmacy instead, you pay the difference between the cost of mail order and the retail price.

[See How Behind Are Your Retirement Savings?]

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If you take medications regularly, look carefully at how the drugs are covered and your potential out-of-pocket cost. Switching to generics, when possible, will always save you money, and the cost savings becomes even more pronounced if your employer charges a lower co-pay for the lowest-cost drug. Also reconsider where you buy your medications if your employer provides a higher level of coverage for mail-order pharmacies. And find out about any prior authorization or step-therapy requirements before using a new medication so you don't get hit with surprise charges if you don't follow the rules.

Best Ways to Get Credit Card Rewards

If you upended your wallet or purse, how many rewards cards would spill out? Rewards cards are now so ubiquitous that their points have passed the U.S. dollar as the largest currency in the world, with more than a trillion points in circulation, according to Affinion Loyalty Group, a marketing company that manages rewards programs. And the number of airline miles is beyond sky-high: 14.2 trillion.

More from MoneyWatch.com:

• 6 Worst Ways to Use Credit Card Rewards

• Best New Credit Cards

• 5 Newest Credit Card Tricks
Sure, a reward point isn't exactly worth a dollar — its cash value is more like a couple of pennies or less. But we still can't seem to resist the promise of freebies: "Having a way to make your everyday purchases reward you in real dollars, gift cards, merchandise, or travel is incredibly compelling," says Marti Beller, president of Affinion.

Card issuers, however, are making rewards harder to collect. BillShrink.com can help; the site analyzes your spending habits and recommends the most appropriate rewards cards. And to ensure you're getting the most bang for your bucks when you redeem points, follow these five rewards card rules (and see our related story on the worst ways to redeem rewards).

[Click here to see current credit card offers, including rates and terms.]

1. Get Your Rewards in Cash

Transferring points into spending money is the way 61 percent of the card owners get their rewards, because they know exactly what they're receiving. But some cash rewards have become complicated.

"It used to be you got 5 percent cash back across the board," says Beverly Blair Harzog, a spokeswoman for CardRatings.com. "Now card issuers have rotating categories where you might get rewards for gas in the first quarter of the year and groceries in the second."

To keep things simple, consider these cash-back cards:
• American Express's Blue Cash card, recommended by Consumer Reports. It pays you 1 percent back on up to $6,500 in annual spending at supermarkets, drugstores, and gas stations; 5 percent when your spending exceeds that threshold.
• Capital One's No Hassle Cash Rewards card pays 2 percent cash back on gas and groceries; 1 percent on everything else.
• Pentagon Federal Credit Union's Visa Platinum Cashback Rewards card offers 5 percent back at gas stations, 2 percent at supermarkets and 1 percent on everything else, though you need to qualify as a member of the PenFed credit union.

2. For Travel Points, Get a Flexible Card

There are three problems with many travel rewards programs: blackout dates that make points hard to redeem, tacked-on fees for cashing in, and an inadequate supply of seats available for reward travel. So unless you're especially loyal to one airline or hotel chain, opt for a travel card with the flexibility to earn points from multiple airlines and hotels.

A good bet: Capital One's VentureOne Rewards Visa. This no-annual-fee card lets you accumulate 1.25 miles for every dollar you spend on any purchase, then redeem them on any flight (no blackout dates), hotel, or car rental. That's a better conversion rate than you'd get with many airline-specific cards.

To avoid losing travel rewards due to the card's expiration date (often five years) or losing value on them if your issuer gets stingier, redeem your points early and often.

3. Buy a Gift Card

First, the bad news: Redeeming points for gift cards from retailers such as Best Buy, Crate and Barrel, and Bath and Body Works limits your redemption choices and sticks you with all the drawbacks of gift cards. So always take cash instead of a gift card if it's an option.

But if your only other choice is to swap points for merchandise from a card issuer's catalog, gift cards are usually a better bet, since you'll know the price you're paying, plus you're less likely to blow the money on something you don't really need. What's more, you can redeem small amounts of points — say, 2,500 points for a $25 gift card with the Chase Sapphire card — or a quick payoff. It's not as if you could fly very far on those 2,500 points.

4. Get Cards from Stores You Frequent

Using a co-branded card bearing the logo of a particular retailer or e-tailer can pay off big time. "Merchant-based rewards are typically much more generous than others," says Brian Riley, research director at TowerGroup, a financial services research and advisory firm.

With a co-branded card, your points might be worth up to 1.8 cents each, compared to 1.1 cents for a travel card's points. If you're redeeming 15,000 points, that's the difference between a $270 reward and a $165 one.

Chase's Amazon.com Rewards Visa card, for instance, offers 1 to 2 points for every dollar spent on everyday purchases, but 3 points for purchases at Amazon. You also get a $30 credit for signing up.

5. Use Points to Reach Financial Goals

To boost your rewards-card ROI, get a card that automatically deposits cash back into your savings or investment account or into a 529 college fund.
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Food inflation at 9.52 pct y/y on Feb 26

The food price index rose 9.52 percent and the fuel price index climbed 9.48 percent in the year to Feb. 26, government data on Thursday showed.

In the previous week, annual food and fuel inflation stood at 10.39 percent and 12.56 percent.

The primary articles price index was up 13.96 percent, compared with an annual rise of 14.85 percent a week earlier.

The wholesale price index , the most widely watched gauge of prices in India, rose 8.23 percent in January from a year earlier, compared with 8.43 percent in December.
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Wednesday, March 9, 2011

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Wall Street falls further as oil rises

Stocks hit session lows on Wednesday as Brent and U.S. crude prices spiked following data that showed gasoline and distillate inventories fell much more than forecast last week.Oil was already rising earlier as fighting intensified in Libya and an OPEC delegate said the group saw no need to hold an emergency meeting to consider raising production.The Dow Jones industrial average (.DJI) dropped 31.41 points, or 0.26 percent, to 12,182.97. The Standard & Poor's 500 (.SPX) fell 6.86 points, or 0.52 percent, to 1,314.96. The Nasdaq Composite (.IXIC) lost 19.52 points, or 0.71 percent, to 2,746.25.http://www.tradetoprofit.inhttp://www.shoppersstoreonline.comhttp://performance-report-2011.blogspot.com/

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Oil prices are slightly higher as traders await a government report on inventories, while unrest in Libya shows no signs of easing.

Benchmark West Texas Intermediate crude for April delivery rose 38 cents to $105.40 a barrel in Wednesday morning trading on the New York Mercantile Exchange.

In London, Brent crude added $1.77 at $114.83 per barrel on the ICE Futures exchange.

The Energy Department is expected to release its weekly report on U.S. inventories of oil, gasoline and distillates later in the day.

About 1.6 million barrels of crude production has been shut down in Libya. Although OPEC nations have said they will cover any shortfall from Libya, traders are concerned political unrest could spread to Saudi Arabia, the world's largest crude exporter.

HOW TO START TRADING IN STOCK MARKET ?

1. Open a broking account with a registered stock broker. You can also open an internet trading account and start trading by click of a mouse. A large number of brokers such as ICICI Web-trade, Motilal Oswal Securities, Geojit Securities etc. are offering e-broking services. 2. Submit your details and sign the broker client agreement with your broker. This is mandatory. 3. Open a Demat account with any of the Depository particiapants registered with NSDL or CDSL. If your broker is also a DP, you can open the DP account with him also. Sign there levant papers and execute agreement. 4. Don't deal with unregistered intermediaries, as this would expose you to counter party risk and may lead to losses without any stock exchange recourse for remedy. 5. Give clear and unambiguous instructions to your Broker / Sub-broker. 6. Keep a record of all instructions issued to the Broker / Sub-broker. 7. Insist on a contract note issued for each day of trading and confirm the details printed therein about your transactions for the day. 8. Trade within your predetermined limits and financial capacity. 9. Promptly issue delivery instructions to your DP for transferring the shares sold by you to your broker's account. Failure to do so may result in huge losses for you. 10. Use the Investors' Grievance Redressal system of the stock exchanges and Depository to redress your grievances if any.


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