You must be wondering that, how come such type news posted on this blog? On July 22nd, one of the biggest political gameplan will be played. Being a speculator one must be looking for making money out of such political news. Let's see how?
Case -1 : UPA wins the majority vote - Most of the people think so, even in satta market odds are in favour of UPA winning confidence vote in assembly. And you must understand that, politics or stock market are meant for giving surprise to most of the people.
Case - 2: UPA losses the majority vote - Probability of this event is lower.
HBJ Capital, thinks that UAP govt will not be able to win the majority vote in assembly.
In case if UPA not able to get the majority vote, Indian stock market will fall, so buying NIFTY PUT OPTION or SHORTING NIFTY FUTURE is better, more over in the last 2 days itself Sensex has moved up by 1000+ points so profit booking due to these uncertainty is possible.
News....
Let's take a look at how the numbers look now. It's neck and neck now between UPA and Mayawati-NDA combine.The UPA is now short of the half way mark of 271. The UPA already has the assured support of 226 MPs.
The Samajwadi Party after losing 5 members now has 34 MPs, but Ajit Singh's RLD has now decided to vote against the UPA bringing down the government's tally to 268. But a relief for government in the form of JMM, it's official now, JMM chief Shibu Soren will back the government.
After initially saying that he will abstain, the DMK's Dayanidhi Maran after having a word with Sonia Gandhi may well follow his party line.And if the National Conference that has 2 MPs votes from the UPA, which sources indicate is likely, then the government should make it
The number game
UPA: 226
Samajwadi Party: 34
JMM: 5
Dayanidhi Maran (DMK) 1
NC: 2
AIMIM: 1
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Total: 269
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