EUROPEAN MARKET NEWS

GLOBAL MARKET NEWS- EUROPEAN MARKET

     The Euro STOXX 50 volatility index, Europe's main gauge of anxiety known as the VSTOXX, sank 10 percent to a one-week low of 25.25 on Friday, as investors' appetite for risky assets recovered following a deal at the EU summit.

European Union leaders agreed a plan to allow euro zone rescue funds to be used to stabilise debt markets and directly recapitalise banks, sending the euro zone's blue chip Euro STOXX 50 index up nearly 3 percent while Italian and Spanish government bond yields fell sharply.
The lower the volatility index, based on sell- and buy-options on the Euro STOXX 50 stocks, the higher investors' appetite for risky assets.

INTRADAY LONGCALL on 29-06-2012

Intraday longcall:


Buy VOLTAS at 105.40  Trg1:106.50   Trg2:108   Sl:104.


( TRG - TARGET,  SL - STOPLOSS )

EUROPEAN MARKET NEWS

GLOBAL MARKET NEWS - EUROPEAN MARKET


     European shares extended the previous session's losses on Friday as recent poor macroeconomic data and a Moody's downgrade of 15 of the world's biggest banks lowered investor appetite for riskier assets, sending cyclicals like banks and miners lower.

At 0703 GMT, the FTSEurofirst 300 index of top European shares was down 0.9 percent at 999.76 points after falling 0.5 percent in the previous session on poor economic data from the United States, China and Europe.

European Markets (Jun22):

FTSE: 5511.65  Chg: 54.71

CAC: 3081.10     Chg: 33.12
DAX: 6262.90    Chg: 80.23

EUROPEAN MARKET NEWS

GLOBAL MARKET NEWS - EUROPEAN MARKET


     European equities are likely to retreat from

one-month highs on Thursday, weighed down by weak manufacturing data from China
and tracking losses on Wall Street overnight after the U.S. Federal Reserve
stopped short of announcing a third round of quantitative easing.
    The euro zone crisis remained very much in the spotlight, with Spain's
borrowing costs expected to hit a new euro era high at a debt auction on
Thursday, a few hours before it sheds light on the dire state of its weaker
banks and possibly makes a formal request for European Union funds to rescue
them. 
    Futures for Euro STOXX 50, for Germany's DAX, for France's
CAC and for Britain's FTSE were all down 0.5 to 0.6 percent.
    The retreat is set to come after strong gains in the run up to the Fed
decision on Wednesday, when the FTSEurofirst 300 added 0.5 percent to
post its highest closing level in over a month.

INTRADAY LONGCALL - 20th June 2012

Buy JINDALSTEL at 437  Trg1: 440   T2: 444  Sl: 433


Buy LITL at 13.55 Trg1: 13.80  Trg2: 14.10  Sl: 13.25

( TRG - TARGET,  SL - STOPLOSS )

EUROPEAN MARKET NEWS

GLOBAL MARKET NEWS - EUROPEAN MARKET

      European stocks were set to inch up on Tuesday

following the previous roller-coaster session, although gains were seen limited
ahead of Spain's short-term debt auction, while Danone will be in
focus after a profit warning linked to Spain's recession.
    At 0622 GMT, futures for Euro STOXX 50, Germany's DAX and 
France's CAC were up 0.1-0.2 percent.
    Jittery investors were bracing for key debt auctions by Spain on Tuesday and
Thursday, at which the country is seen paying record high rates.
    Spain's Treasury will issue between 2 billion and 3 billion euros ($2.52
billion-$3.79 billion) of 12- and 18-month debt on Tuesday, and between 1
billion and 2 billion euros of bonds due in 2014, 2015 and 2017 on Thursday.

EUROPEAN MARKET NEWS

GLOBAL MARKET NEWS - EUROPEAN MARKET

     European shares are set to surge on Monday as a

narrow election victory for Greece's pro-bailout parties over radical leftists
eased some immediate concerns about the debt-laden country leaving the euro
zone, with cyclical stocks like banks seen rising sharply.
    Futures for Euro STOXX 50, Germany's DAX and France's CAC
 rose 1.6-2.1 percent. Financial spreadbetters earlier predicted London's
FTSE to open as much as 1.2 percent higher, although the potential
longevity of the rally was already being questioned by some analysts.
    Greek shares slumped 25 percent last month and the FTSEurofirst 300
index of top European shares fell 6.7 percent on worries an exit of
Greece from the currency bloc would destabilise markets, fuel contagion to       Spain and Italy and hurt companies exposed to the region, especially banks.

EUROPEAN MARKET NEWS

GLOBAL MARKET NEWS - EUROPEAN MARKET

      European shares rose on Friday on hopes that the world's major central banks would provide further monetary stimulus measures to help markets deal with the risk of a Greek exit from the euro zone, although traders said gains could be short-lived.

The FTSEurofirst 300 index was up 0.4 percent at 987.46 points by 0705 GMT. Germany's DAX was up 0.7 percent, while France's CAC-40 index rose 0.8 percent.

Financial stocks were among the top performers, with Credit Suisse recovering slightly from a 10.5 percent drop on Thursday to rise by 3.6 percent, with the broader STOXX 600 European bank index advancing by 1.2 percent.

INTRADAY LONGCALL - 15th Jun 2012

Intraday Longcall:

TATAMOTORS: Buy: 230   Trg1: 232   Trg2: 234   Sl: 228.

( TRG - TARGET,  SL - STOPLOSS )

EUROPEAN MARKET

GLOBAL MARKET NEWS - EUROPEAN MARKET  

         European stocks were set to open mixed on  
Thursday as Spain's downgrade by Moody's rattled investors ahead of an Italian

bond auction at which borrowing costs are seen sharply rising. 
    At 0627 GMT, futures for Euro STOXX 50 were up 0.1 percent, for
Germany's DAX up 0.14 percent and for France's CAC were down 0.3
percent. 
    Late on Wednesday, Moody's slashed its rating on Spanish government debt by
three notches to 'Baa3' from 'A3', saying the newly-approved euro zone plan to
help Spain's banks will increase the country's debt burden. 

POSITION CALL - 13th Jun 2012

POSITION CALL:


LITL: Buy: 13.00 only   Trg1: 14.50   Trg2: 15.60    Sl: 12.00


( TRG - TARGET,  SL - STOPLOSS )

EUROPEAN MARKET NEWS

GLOBAL MARKET NEWS - EUROPEAN MARKET

     Europe's top shares crept higher on Wednesday as investors cautiously topped up holdings ahead of a potentially tumultuous weekend when Greece holds fresh elections, with gains seen limited as broader euro zone tensions temper risk appetite.

By 0736 GMT, the FTSEurofirst 300 was up 1.63 points, or 0.2 percent, at 991.81, having risen 0.7 percent on Tuesday, although overriding nervousness in the market was highlighted by a 1.3 percent rise in the Euro STOXX Volatility index.

INTRADAY LONG CALLS - 13th Jun 2012

Longcall:


RCOM: Buy: 68.50   Trg1: 69.60   Trg2: 70.20   Sl: 67.50


( TRG - TARGET,  SL - STOPLOSS )

EUROPEAN MARKET NEEWS

 GLOBAL MARKET NEWS - EUROPEAN MARKET

      European shares edged higher on Tuesday, supported by a strong performance e some but not all of the region's problems.

At 0811 GMT, the FTSEurofirst 300 index of top European shares was up 0.1 percent at 984.25 points after opening lower. The index hit its highest since mid-May in the previous session before giving up most of the gains by the closfrom defensive as investors took the view that Spain's bank bailout will solve.

POSITION CALL

POSITION CALL - 11th June 2012


IVRCLINFRA  BUY: 48   TRG1: 49   TRG2: 50.50   SL: 47


( TRG - TARGET,  SL - STOPLOSS )

INTRADAY LONG CALL

INTRADAY LONG CALL - 11th June 2012


JSWSTEEL  BUY: 660   TRG1: 670   TRG2: 680   SL: 650




JPASSOCIAT  BUY: 70.50   TRG: 72   SL: 69.60






( TRG - TARGET,  SL - STOPLOSS )

EUROPEAN MARKET NEWS

 GLOBAL MARKET NEWS - EUROPEAN MARKET

      Futures pointed to sharp gains for European shares on Monday as sentiment improved after euro zone finance ministers agreed to lend Spain up to $125 billion to help its battered banks, and Chinese trade data surpassed market predictions.

At 0604 GMT, futures for Euro STOXX 50, Germany's DAX,and France's CAC were up 2.5 to 2.9 percent.

EUROPEAN MARKET NEWS

GLOBAL MARKET NEWS - EUROPEAN MARKET

      European stock index futures pointed to strong gains on Thursday, as investors bet policymakers in Europe could soon unveil measures to prop up ailing Spanish banks and that further U.S. monetary stimulus may be on the way.

At 0602 GMT, futures for Euro STOXX 50, for Germany's DAX and for France's CAC were up 0.3-0.7 percent.

EUROPEAN MARKET NEWS

 GLOBAL MARKET NEWS - EUROPEAN MARKET


      European shares traded with solid gains early on Wednesday on speculation the European Central Bank could act to stimulate the economy and stem a deepening debt crisis in the euro zone.

Cyclical stocks lead gainers as investors bet the ECB, due to hold its policy meeting on Wednesday, could hint at an interest rate cut or a new round of cheap loans to banks to bolster a slowing European economy and ease concerns about banks in Spain and other peripheral countries.

The FTSEurofirst 300 of European shares was 0.8 percent higher at 961.13 points at 0707 GMT.

INTRADAY LONGCALL - 6th June 2012

RELINFRA: Buy: 464   Target1: 466.50   Target2: 470  Stoploss: 460 - Target complet profit booked fully.

JINDAL STEL: Buy: 428  Target1: 430   Target2: 432  Stoploss: 425 - Target complete profit booked fully.

EUROPEAN MARKET NEWS

GLOBAL MARKET NEWS - EUROPEAN MARKET


     European equity markets extended gains into a second day on Tuesday, with investors lured by beaten down valuations and expectations that global policymakers could soon act to stimulate economic growth.
    The Euro STOXX 50 index rose 0.7 percent in early deals to 2,094.99 points, adding to Monday's 0.5 gains and continuing its recovery from an eight month trough of 2,050.16 set last week.

INTRADAY LONGCALL

Buy HINDALCO @ 118.80  Trg1: 120   Trg2: 122    Sl: 117
Intraday longcall Hindalco is not moving as per expectation so try to exit now.
For short term traders make sl as 116 and hold your position carefully for the targets.