OCTOBER FIRST WEEK UPDATES

  Indian rupee update

>Indian Rupee against US$ is extremely strong and if US$ goes below 44 range then further slide is in the offing soon ! 44.15 is last hope for US$ bulls in India.
>Bad news for Exporters but 
>Good for Government 
>Cheap imports oil, telecom eqps.,raw materials etc.
>Oil bill will reduce significantly.
>Flood of us$ is coming ! 
>cheap commodities like gold, silver , edible oils, copper in rupee terms.

Stocks

>First source Soln : above 29 ;32-33 possible in ST.

>IFCI : above 68 ; 72-74 possible.

>NHPC : nice uptrend ; targets (above 33 ); 35-36.5. sl below 30.
>MTNL :buy and hold 

 International

Dow Jones : major resistance @ 11200.

Even if it manages to cross 10900 then sudden jump to 11200 could be possible very soon.  

continued !