MCX Crude Heavy Downfall Today @ Technical Advices By moneymaker Expert

Crude on MCX have jumped to havey downfall in indian and international market. MCX crude oil slipped more than 2 percent to Rs 3720 has arrived. Crude in the international market has come at 5 -year lows. Brent Crude also slipped 64 dollar below, while Nymax crude have slipped near at 60 dollar below. The demand and supply has been increasing pressure on crude estimates. Dual pressure on the prices shown in the dollar's strength returning.

For long term Advises by Moneymaker

MCX Crude trader & investors alert now, here i am advices to all long term trader can Buy MCX Crude oil near at 3650 to 3700 with in January Contract targets 3950, 4100 stop loss 3471. you can hold it near 15 January.  

Sun-Ranbaxy merger hits roadblock & Maruti to recall 3,800 Ciaz units to check fault in clutch system

Sun-Ranbaxy:-

Generic drugs maker Sun Pharma’s merger with ailing Ranbaxy has hit the roadblock as the company has not received the approval from Competition Commission of India(CCI). The competition regulator was supposed to come out with its decision by end of November and it is learnt that the regulator still has not given its nod to the $4 billion merger.Regulatory approval from India’s CCI and America’s Federal Trade Commission (FTC) are yet to be received for the biggest merger and acquisition dealin pharma sector in Asia Pacific region this year.

Maruti Suzki :-

Maruti Suzuki, India's largest car maker, said it would recall nearly 3,800 units of Ciaz to check a suspected fault in the vehicle's clutch operation system. Launched in October this year, Ciaz the mid-sized sedan competing against the segment best-seller Honda City had received a healthy response from the customers which pushed it to the second spot beating Hyundai's Verna. The Ciaz recall, which can potentially cause inconvenience to its owners, comes just two months after the car market leader announced a recall of 69,555 units of Dzire, Swift and Ritz in September to repair a wiring harness fitment.

BSE Sensex Gained 48 points & NSE Nifty Close 8473.2 today

In the last couple of hours on the back of impressive recovery market managed to close in green zone. Sensex and the Nifty ended with about 0.25 percent. But to reach the upper level of the trading day, the Sensex was 28470.15, the Nifty touched the upper level of 8500.30 today.

The 30-share BSE index Sensex finally leading with 48 points, ie 0.2 per cent to close at 28 386 level. While the 50-share NSE Nifty index 13 points per head with 0.15 per cent growth is close to the level of 8476.