Complete Finance Blog

Nifty Trading Levels for 6 july 2011 Nifty Future Support and Resistance Levels Daily Nifty Level (6 july 2011)
Trading as per the support and resistance levels may be quite useful for intraday and Positional trading in stocks and index. Resistance is termed as the level where the stock generally gets some opposite force before it can go further up. A support is the level where a stock get buying interest before it can fall further. Under the normal market conditions or in the absence of some extremely panic news the support and the resistance levels can act as good levels for initiating the buying / selling. In general it’s advisable to buy the stocks at support levels and sell at the resistance levels. I

Read more…

The website lastminute.com has moved into the reward card arena. But how does it compare to the rest of the market?

Travel and entertainment website lastminute.com has launched a reward credit card which offers points on all purchases, as well as exclusive offers on travel and lifestyle products.

As well as being a reward card, the lastminute.com credit card, backed by MBNA, will offer cardholders 0% interest on all card purchases for nine months, and six months at 0% for balance transfers. 

Other benefits include paperless statements and the option to use contactless payments which allows customers to “tap & go” with MasterCard PayPass to pay quickly for purchases under £15 without entering a PIN.

It certainly seems to offer a lot but how does lastminute.com measure up against other credit cards?

If you use the card for purchases on lastminute.com itself you get more reward points – two points per £1 spent. Elsewhere, card purchases attract one point for every £1 spent.

Once a customer has spent on the card they will be able to access the “Rewards platform” via mbna.co.uk and see their points balance. As well as

Read more…

Bank Nifty Trading Levels for 4 july 2011 Bank Nifty Future Support and Resistance Levels Daily Bank Nifty Level (4 july 2011)
Trading as per the support and resistance levels may be quite useful for intraday and Positional trading in stocks and index. Resistance is termed as the level where the stock generally gets some opposite force before it can go further up. A support is the level where a stock get buying interest before it can fall further. Under the normal market conditions or in the absence of some extremely panic news the support and the resistance levels can act as good levels for initiating the buying / selling. In general it’s advisable to buy the stocks at support levels and sell at the resistance levels. I

Read more…

I still contend that wind is, except in a few niche applications, probably the worst alternate energy source.   Other forms of energy like solar have issues, but there is a lot of reason to believe these a fixable over time with better technology.  Wind is just a plain dog.

One of the biggest problems with wind is the need for backup power.  Because winds lapses are hard to predict, a lot of fossil fuels have to be burned in spinning, hot backup capacity ready at a moments notice to take over.  In Germany, the net effect has been very little substitution of fossil fuel burning despite an enormous wind investment

As wind power capacity rises, the lower availability of the wind farms determines the reliability of the system as a whole to an ever increasing extent. Consequently the greater reliability of traditional power stations becomes increasingly eclipsed.

As a result, the relative contribution of wind power to the guaranteed capacity of our supply system up to the year 2020 will fall continuously to around 4% (FIGURE 7). In concret

Read more…