Hi CB, good eveing sir , here am posting a news .. just want to understand how can it affect MONSANTO ... is it positive for MONSANTO ?? What change you see tommorow after this new passed yesterday

PM calls for revolutions in farm, allied sectors - - - -$$$$$

PATNA: Prime Minister Narendra Modi on Saturday said that India cannot wait for the second green revolution, which must come from eastern states and also called for similar revolutions in energy, milk and fisheries to make the country self-sufficient.

Thanking farmers for taking his advice seriously, Modi said sowing of pulses and oilseeds has touched a record this Kharif (summer) season. 

Addressing the 87th foundation day of premium agri- research body ICAR here, Modi asked agri-scientists and progressive farmers to ensure the country does not need to import any farm commodities in the future. 

He emphasised on increasing crop yields per hectare and expressed concern over agri-wastage, while pitching for food processing and value-addition to boost farmers income. 

'We have benefited from the first green revolution. But the country cannot wait for the second green revolution. We are already late. We need to prepare plans to achieve second green revolution,' he said. 

'I can see clearly that the second green revolution will take place from eastern states like Bihar, West Bengal, Odisha, Assam, and eastern Uttar Pradesh,' he added. 

Emphasising on taking research from lab to land, Modi exhorted agricultural scientists to give a report to him in six months identifying priorities needed to be given for fast pacing the farm growth. 

'As agricultural land is shrinking, there is a need to increase crop yields per hectare through newer research in the field of agriculture,' Modi said and urged the agri scientists of the country to help this happen. 

Modi praised Indian scientists for their work despite budgetary constraints, and emphasised the need for scientific innovations in the agriculture sector to move from 'lab to land,' so that farmers can benefit from them. 

He said that his government`s priority was to usher in four-prong revolutions in tune with the four colours -- saffron, green, white and blue in the national flag. 

'We have tricolour flag. There is blue chakra. I believe that there is a need for `Chatur Kranti` (fourth revolution) in the country,' Modi said while naming these four revolutions as %u2014 green, saffron, white and blue.

hi cb
how about pipavav diff and moserbaer looks technically?

Hi kumar, texmaco is going a bit weak. avoid for now. walchandnagar has support at 180. if holds onto it, can test 190

Hi pillai, pipavav is a hold with sl at 58. moser baer has resistance 12.5 levels. a close above this can take it higher

Hi Yb, vindhya above 900 can test 950 levels. not sure of nilkamal. already rallied quite a bit. jktyre can test 106 levels.

Hi Prince Mayank, does seem a bit positive. lets see how markets react to it

Hi Mvs, most welcome

Hi dr sharma, sintex can test 122. sl near 111. vip is a hold with sl at 94 for now

Hi Prathmesh, its finding some support at 382. hold for now with sl at 382. if markets improve can test 410

Hi Hiten, thanks

Hi seby, it has resistance at 106. it will do well once manages to cross it. as of now seems may open flat tomorrow

any short term

Sir tomorrow Ambuja Cements Results , can i add 240 or 245 ce tomorrow ??

good evening cb / kartik. holdin crompton greaves since 195/-. in huge loss at present, shall I hold if a bounce back expected or book losses if further downtrend expected ? thanx.

GM crops are a strict no no for India. Thats how, many people feel, and these are people who can change any government decision. No matter how the leader of our country feels, the fact still remains that there will be no (or a few) GM crops. I do not know what the price of Monsanto India Ltd will be in the near term, but anybody holding the scrip will and should play by only seeing technicals and should not concentrate on fundamentals and NEWS. Please do not ask me for any more clarifications, for I can provide you with none. Will appreciate very much if CB allows this post. Best of luck with trading ....... as always.....

Hi cb dishtv tomorrow tgt plz.