03 August 2010

Solar Tsunami Likely To Hit Earth‎



Beware of the solar tsunami!

Solar tsunami to hit earth 

 

What astronomers say  

 


Solar tsunami to hit earth 


Washington, August 3 (ANI): The Earth is in the path to be hit by a wave of violent space weather as early as Tuesday after a massive explosion of the sun, scientists have warned.
Astronomers witnessed the huge flare above a giant sunspot the size of the Earth, the explosion aimed directly towards Earth.
It sent a "solar tsunami" racing 93 million miles across space, which is likely to hit the planet on Tuesday.
The wave of supercharged gas is likely to spark spectacular displays of the aurora or northern and southern lights.
However, a really big solar eruption could shut down global communication grids and destroy satellites, if it reaches today.
A recent warning by NASA said that Britain could be at the receiving end of widespread power blackouts for a long time after the earth is hit by a once-in-a-generation "space storm".
"It looks like the first eruption was so large that it changed the magnetic fields throughout half the Sun's visible atmosphere and provided the right conditions for the second eruption," said Dr Lucie Green, of the Mullard Space Science Laboratory, Surrey.
"This means we have a very good chance of seeing major and prolonged effects, such as the northern lights at low latitudes," she added. (ANI)


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Stock and Market Views: DP blog

Dena Bank

 

Daily Market Outlook - Aug 3 2010

 

ICICI Bank, Reliance Power, Reliance Infrastructure, BPCL, Bank of India, ABB, Grasim Industries, Bharat Electronics, Jubilant Foodworks, IOB, DB Corp

 

SKS Microfinance Final Subscription Figures - Allotment Chances

 

Top Buys - Large Cap, Small Cap, Midcaps, Top Sells

 

Praj Industries, Reliance Infrastructure, SAIL, Torrent Pharma, UFlex, Voltamp Transformers

 

Morning calls



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 Following are the weekly technical picks recommended by Tanmay G Purohit, an independent techno-fundamental analyst:

> Strides Arcolab

Buy around Rs 440-444 for target of Rs 465 with stop loss of below Rs 435.

Rationale: The stock has given a breakout from 1-month range of Rs 437 to Rs 410. Next move can be 5-7% for this stock higher.

> PTC

Buy near Rs 111-112 for target of Rs 120 and stop loss of below Rs 108.

Rationale:
The stock is in a good up trend and looks to reach above Rs 120 soon. It trades above important moving averages and above Rs 120 more rallies is possible.
> ABB
Sell around Rs 810-815 for target Rs 775 and stop loss of above Rs 825.

Rationale:
The stock has failed to participate in positive trend of market too and now it is slowly breaking down. It looks a sell on rally stock.

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Daily Newsletter - Aug 2 2010

 

Bajaj Corporation better grey market premium than SKS Microfinance

 

 

 

 Src: Brameshtech Blog, Myiris, DP blog etc