NIFTY NEXT-TOP 7 STOCKS FOR 12 MARCH 2012

STOCKS/SCRIPS™ WWW.NIFTYNEXT.COM	TRENDS
ICICIBANK
SBIN
TATASTEEL
LT
AXISBANK
RELIANCE
TATAMOTORS

Call NiftyNext # +91 80171 98633 Or SMS NiftyNext @ 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

Rural Electrification Corporation Limited (REC Tax Free Bonds)

We take immense pleasure in informing that you can now apply for the Rural Electrification Corporation Limited (REC Tax Free Bonds).The issue is opening on 06^th March 2012.

Sr. No.	Particulars	Rate/Date
1	Rate of Interest for 10 Years Tenure	8.12% p.a. (payable annually) for Retail (Applying for amount aggregating Upto Rs.1 lacs) and 7.93% p.a. (payable annually) for HNI (Applying for amount aggregating to above Rs.1 lacs)
2	Rate of Interest for 15 Years Tenure	8.32% p.a. (payable annually) for Retail (Applying for amount aggregating Upto Rs.1 lacs) and 8.13% p.a. (payable annually) for HNI Applying for amount aggregating to above Rs.1 lacs)
3	Credit Rating	„CRISIL AAA (Stable) by CRISIL Limited „CARE AAA by CARE „ICRA AAA by ICRA „Fitch AAA ( ind ) by FITCH
4	Date of Opening of Issue	06th March 2012
5	Date of Closing of Issue	12th March 2012
6	Trading	Proposed BSE, Trading only in Demat Form
7	Lock in period	Nil
9	Minimum Application Size	Rs 5000 (5 Bonds) and in multiple of Rs. 1000 (1 bonds) thereafter
10	Basis of Allotment	First-come First-serve basis

  

Please note that these bonds are not eligible for deduction u/s 80CCF of Income Tax Act.

Call NiftyNext # +91 80171 98633 Or SMS NiftyNext @ 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

NIFTY NEXT- Nifty EOD 02 March 2012 Technical Analysis & Out Look For 05 March 2012

Nifty-Spot today (02 March 2012) ended at 5359.35 with a gain of +0.40% with formation of a Small Black Candle on Daily Price Chart. On Technical Chart, ADX is cooling –off from its higher levels along with Trend Score, while Nifty Trend is fighting for a Up-Move. For a Up-move Nifty-Spot must Trade above 5374.95 in short term for a Target of 5581.05. Nifty –Spot has now Strong Support at 5168.90, if the Down Trend Persists.

Editor’s Note : This Article is written by Vina S Singh, Senior  Chartist at  www.niftynext.com , which is a Technically Based quant Research Firm, M/S Durgapur Holdings in Durgapur, West Bengal, India that covers all Stocks, trades at NSE. You can reach the Chartist here mail@niftynext.com . We are Using Ami Broker Charting Software    ( V-5.50 rc2 )  & Ami Tool-Power Scan.