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Monday, June 30, 2008

Market going down down and down

As expected 4000 is broken today but going to be volatile throughout the day, when will the market stabilise is the question everyone is interested.3600-3750 will be a reasonable bottom to start buying if one is bullish then.As a trader one should be be looking for a pull back after a steep fall as the chart suggests.But the overall scenario should also be supporting the buying decision like reduced oil heat ,good monsoon, good food production ,stable dollar etc.Right now, cash is the better option but waiting to buy.

Election is the best option before Dr.Manmohan singh and Sonia Gandhi

The present UPA gov is not able to take decision on its own and for all they have knock the doors of communists and the communists shutting their doors fearing UPA will occupy their home ,the shameless Congress is tolerating all the comments just to stay in power.Infact ,Cong should have opted for elections once the PM signed the pact with BUSH since it knows very well that lefts cant go hand in hand with the US.Now, the time has come to say goodbye to the current parliament and seek fresh mandate from the people to go ahead with the nuclear deal since a minority gov can not decide the future of the country.Even if the cong knows that it can not come back to power easily in the present circumstances ,this is the best option to escape from the deal and save its face. No Indian can accept that the country will not test atom bombs if the deal is On.Our intention is not to have bombs but we can not give up our right to self defend in case it is necessary.BJP will never give up its stand on India's rights and so it can not support the deal.And many other parties are against the deal.So in the present situation Election is the best option to save the country from the crisis rather than talking to each other unnecessarily.

Friday, June 27, 2008

Kuselan all set to release

Final portions are picturised for the much awaited film Kuselan. The audio release is expected this week.We may be able to see the film in a month or so.Rajni plays only a little role in the film. It is all pasupathy's film,Rajni claims himself.Music: G.V.Prakash Direction: P.Vasu

Markets in pure DownTrend stream

With every trading day,the nifty and sensex hitting new bottoms clearly says that we are in down trend.Professional traders are looking for shorting opportunities every day.No good news is available to stop the down go.So dont get strapped by small recoveries to buy any new stocks.Find an opportunity to exit ,if possible. Otherwise,dont try to be smart to beat the market.If nifty goes below 4100 and stays there for a while,the sentiment will get weaken further ,we may have to see 3750 soon.You may be able save by buying some puts but it is very difficult to predict now.Oil price is the culprit for all wrongs.The Gov. is not taking any effort to contain oil price.Even though it is global issuse,the gov. should find a way to address the problem.Can't the gov take a tough stand against the nations which export oil.

Thursday, June 26, 2008

Buy Arvind mills,Bgr energy

Buy Arvind Mill @ 34-36 levelel can go upto 45 then 55 levels
BgrEnergy 235-240 will reach 300-320 in short term

Wednesday, June 25, 2008

utvi.com review

Only recently I knew about this site and channel.the web site UTVI.com looks very much similar to moneycontrol.com.For all stock related channels, tv18 will be the bench mark and will be tough to compete with it.Ndtv profit is also doing some petty good job.Utvi channel uses the known anchors who are from tv18 as well as other people who are well experienced in this field.
utvi.comt provides every bits of news about stock markets, industry,opinions,investment education,blogs ,portfolio manager etc.
go through it once http://www.utvi.com/
other useful sites: http://www.moneycontrol.com/
http://www.ndtvprofit.com/

Tuesday, June 24, 2008

GMR group of companies

GMR Group is one of the fastest growing infrastructure organisations in the country with interests in Airports, Energy, Highways and Urban Infrastructure (including SEZ). Employing the Public Private Partnership model, the Group has successfully implemented several infrastructure projects in India. GMR Infrastructure Limited is the infrastructure holding company formed to fund the capital requirements of various infrastructure projects in the Group’s Energy, Highways and Airport business. It undertakes the development of the infrastructure projects through its various subsidiaries.
In addition, other focus area of the Group is the Agri-business with Sugar as its main product-line.GMR Industries Limited is the holding company for the Group's Agri-Business.
GMR Sports owns the IPL 20/20 team Delhi Dare devils.
http://www.gmrgroup.co.in/
It is good company to invest and have excellent growth potentials.

Nse And Sensex