Tuesday, August 7, 2012

Trading levels for stocks : support and resistance levels

SYMBOL
OPEN
HIGH
LOW
CLOSE
VOLUMES
PIVOT
R1
R2
S1
S2
20MICRONS
57
57.5
56.2
56.3
35577
56.67
57.14
57.97
55.84
55.37
3IINFOTECH
64.65
65.4
62.6
62.8
1306570
63.6
64.6
66.4
61.8
60.8
3MINDIA
3960
3960
3810
3841.15
5412
3870.38
3930.76
4020.38
3780.76
3720.38
AARTIDRUGS
145
145.4
142.75
143.7
15701
143.95
145.15
146.6
142.5
141.3
AARTIIND
73.2
73.2
69.3
69.75
88066
70.75
72.2
74.65
68.3
66.85
AARVEEDEN
91
91
83.5
85.2
20076
86.57
89.64
94.07
82.14
79.07
ABAN
875.6
891.7
862.65
867.45
906991
873.93
885.21
902.98
856.16
844.88
ABB
926.95
932.75
910.35
926.85
141861
923.32
936.29
945.72
913.89
900.92
ABBOTINDIA
1103.3
1155
1103.3
1147.8
2977
1135.37
1167.44
1187.07
1115.74
1083.67
ABCIL
136
136.8
128.5
130.3
66154
131.87
135.24
140.17
126.94
123.57
ABGSHIP
319.4
326.95
307.5
313.2
702394
315.88
324.26
335.33
304.81
296.43

Wednesday, August 1, 2012

Under-Recoveries on Diesel and PDS Kerosene go up Effective 1st August 2012; Remains high on LPG Crude Oil Price for Indian Basket Increases in Re terms despite fall in Dollar Crude Price

The Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas have reviewed international prices of crude oil and petroleum products during the second fortnight of July 2012. Accordingly, the under-recovery on HSD (High Speed Diesel) applicable for 1st fortnight of August effective 1.08.2012 increased substantially to Rs12.13 /litre. This is higher than Rs  9.95/litre prevailing during previous fortnight.   In case of PDS Kerosene also the under-recovery is higher at Rs 28.54 /litre for the month of August 2012 than Rs 27.20/litre for July 2012. However under-recovery on Domestic LPG for August 2012, though fell to Rs 231/cylinder from Rs 319/Cylinder in July 2012, it continuous to rule at high. OMCs are currently (effective 1 August, 2012) incurring daily under-recovery of about Rs 402 crore on the sale of Diesel, PDS Kerosene and Domestic LPG.

            Product-wise Under-recovery of Public Sector Oil Marketing Companies (OMCs);
Product
Unit
Under-recoveries effective 1 August 2012
(Effective 16.7.2012 to 31.7.2012)
Diesel
Rs/Litre
        12.13       (9.95)         
PDS Kerosene*
Rs/Litre
        28.54      (27.20)  
Domestic LPG*
Rs/Cylinder
      231.00   (319.00)
* Additionally, a subsidy of Rs 0.82/Litre on PDS Kerosene and Rs 22.58/Cylinder on Domestic LPG is provided by the Government.


Further, the OMC’s have reported the following under-recoveries during 2011-12: 
Product
Under Recovery (Rs/Crore)


2012-13
(April-June 2012)
2011-12
2010-11
Diesel
29,042
81,192
34,706
PDS Kerosene
7,274
27,352
19,484
Domestic LPG
11,495
29,997
21,772
Petrol
--
--
  2,227**
Total
47,811
138,541
78,190
** Under-recoveries on petrol is only up to 25th June’10

  Average International FOB price and Exchange rates:
Particulars
Unit
Price on last trading day i.e., 31 July, 2012 (Previous trading day i.e.,30.07.2012)
Fortnight
July 16-31, 2012
(previous fortnight July 1-15, 2012 )
Crude Oil (Indian Basket)
($/bbl)
       103.34      (103.87)
     102.65       (97.78)        
(Rs /bbl)
     5767.41    (5758.55)
     5703.23  (5418.97)      
Exchange Rate
(Rs/$)
         55.81       (55.44)
        55.56     (55.42)     

RCJ/RKS – Under-recovery 01-08-2012