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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.

UPA Vs Left:Nuke deal creates political instability

Let the communists withdraw support to the UPA gov, lest it mars the sentiments all over the country about the UPA gov.The PM has confirmed it will be face loosing if we back from nuke deal,and it will be tough to enter new deals in future by any gov.Sonia and communists must understand Elections are the only solution to escape from the deal as it can pass the ball to the next gov safely.But,the congress and its allies knows ,they cant grab the power again because of inflation,oil price etc.If UPA decides to change the PM and continue office ,it will be a shame and expose the power hungry of Sonia and cong.Let them face the election bravely instead of succumbing to the pressure tactics applied by left to sace its votes in WB/Kerala states.
Congress should teach a lesson to the left parties by joining hands with BJP only left ruled states for not allowing the gov to perform its duties and convince the people LEFTs are against the nations growth.Cong and BJP should come together with the slogan VOTE either BJP or Cong not other parties.It will help the nation moving forward .
Lets wait if we can see a BRAVE Dr Manmohan Singh or he is going to prove only he was acting as a doll in the hands of Mrs.Sonia Gandhi .

Saturday, June 21, 2008

job portals

http://www.naukri.com/
http://www.timesjobs.com/
http://www.monsterindia.com/
http://www.jobstreet.com/
post job offers at http://www.techjobs.co.in/

job opportunities with british council

pls visit
www.britishcouncil.org.in/careers/

SOS-Help Indian Finance Minister!!!

Oh He is really struggling.We dont know what to do is the answer from him.Yes It is our finance minister who promised a lot along with great Dr.Manmohan singh who is considered reformer of Indian economy.But,they both are dancing to the tunes of global environment.FM announced rs.60000 crores waiver then extended 10000cr more(from his pocket) to the farmers happily. He supported all stupid freebies schemes like color tv,gas stove,2/kg rice,free land of TN gov.Now what happens,are they happy.
He is now telling us he wants to reduce demand side as we could not find enough supply in all categories(food ,steel,cement,oil etc).
What was he doing for all these days.He should have expected it before and took all monetary measure instead of allowing inflation to touch 11% and allowing it to rise further.As a prudent FM he should have advised against election related populist schemes.
What ever steps he takes now ,will take its own time to reflect on the economy.Now.what is the message FM giving to the people--is this?
Stay there ,.
Stay at rented house dont buy a new house bcos interest rate will be more
dont buy cars/bikes ,cant afford oil price /EMI
Dont invest You will not get any returns from money markets.
Dont eat much if you buy more rice ,oil,wheat the price will get increase.

Anyway,He is in great stress thanks to inflation,next election,communists,other
allies.
Is there anyone to help him??

Friday, June 20, 2008

Nifty,Sensex nearing bottom,get ready for shopping

The hammered markets are nearing its bottom,thanks to all the bad news,sentiments,crude price,inflation,slow growth rate,politics etc.
the worst possible target for the nifty is 3700-3750 from where the market will see a tsunami kind of up move.But nifty may not go below 3950-4000.
Once elections are over in US and India,the markets will only see up direction.
So get ready for shopping from now onwards.Be courageous enough to buy quality stocks in small amounts and accumulate to average.

Saturday, June 14, 2008

Movie review :Dasavatharam- A final attempt by Kamal Haasan?

Viewer got exited before the release of Dhasavatharam but vexed at the end.Why should there be ten avatars.What does Kamal want to convey to the viewers.Whether he thinks he is the only actor who can act those roles.He could have done 10 more films with each charactors individually. This film will not go well as of Avvai shanmugi,Indian or mickale madana..., 10 is too much to accept all of them have no precise roles in the film.
Final result will be average if we want to comapare the costly film with another costly film Sivaji released last year.Appreciatable effort but not worth.
Not all the songs of Himesh Reshmia are good but bgm by DeviSri Prasad is helping the movie.
Every one will want to see the movie atleast once so the success is assured is what director Ravikumar saying.We may not know the exact profit unless the producer coming out with details.
Overall , it is a one man show of Kamal Haasan that is well appreciated and he deserves every accolades.

Fixed deposits Losing Money Value

One year back when the inflation was at 5 to 6% ,Banks offered upto 8.5% interest to the fixed deposits.It was quite understandable that many risk averse people invested in fixed deposit schemes of the banks.But now the inflation nears double digit meaning there is no appreciation for the money invested.Also ,investors may not be able to withdraw money without some deduction in some banks and invest in new schemes.
We have floating interest method for the home loans in which the EMI payable will be adjusted with respct to the new interest rates.Likewise,Can't banks introduce deposit schemes with floating interest rate w.r.t inflationay rates. i.e calculating 2% above inflation every month/week/qtrly. We may gain or lose at the end.But the money value is protected against the current inflation.
Will RBI consider and recommend this option???

Wednesday, June 11, 2008

Inflation becomes the enemy of Indian Economy

When PM ,FM ,economists assured the people that we are on right track on the growth path we made to believe it.But now ,suddenly growth rate seems to take slow pace for what ever reasons. Global oil crisis is one of them. It is main source of energy. Global food shortage is another one. The world has forgotten farm industry. The real estate sector take the toll directly on the farm industry.The farming community should be assured of profits otherwise they are ready to sell their land for what ever price profitable to them.
Indian politicians should never forgot that farmers are the real pillars of the economy and they sholuld be protected at any cost.If we remember during pokran research,India was able to survive the west nations economic sanctions,only beause it did have enough food production in the country.
So, one must remember,abundant food production will always save the nation , not high rise buildings and huge bridges .Inflation will also be under control. Produce more elcetricity, more ethanol to reduce oil needs.

Monday, June 9, 2008

Markets to consolidate @ 4350 - 4500

After the sensex and nifty hammered heavily, it is time to consolidate.Long term players may want to invest now keeping 2-3 years view.But,certainly not for short term traders.
I believe the overall view is the present central gov. lost confidence among investors and the business community wants to see a change of guard as the present arrangement lacks decision making power. The left parties are the stumbling block to the gov. in many issues including nucleur pact with US.
So if one wants to make money he will have to wait till 2009 elections,but not sure if left parties will lose its crocodile tearing members.

Telecom companies in India

Listed Companies
MTNL
Tata Tele services
Tata communications( VSNL)
Bharti Airtel
Reliance Communications
Idea
Krone Communications
ITI Ltd
Himachal Futuristic Communications
Spice
Shyam Telecom
Strlite opticals
Non Listed companies
BSNL
Vodafone Essar
Aircel

Saturday, June 7, 2008

cruel crude shock ,to touch 200$,Wake Up call.

Oil producing countries seems do not worry about their oil prices.They have only short term view.
Oil importing countries should wake up now.They must educate people how to live without crude oil. Food exports to these cruel countries should immediately be banned or prices be increased at par with oil prices.
Let every individual think about people living without petrol/diesel in future, after all, crude wells will dry up one day.
I have decided to walk as possible as I can .and buy a bi-cycle now which I sold some years back.May be it would cost more in future.
We can use bi-cycles for near by places like markets,Shopping.
I expect Government to increase the number of buses it operates and run it to all nook and corner of the city.Individual 4 wheeler owners must be discouraged by heavily charging for parking.There is no need for NANO cars . Dont give any tax sops to these cars.
Politicians should have right head to think about future generation and stop playing petty politics.

Friday, June 6, 2008

Will SEBI consider?

We have always seen the volatile stocks trading on the day of announcing quarterly results and weekly inflation ,gdp data .
Some companies announce results only at off market timings giving an opportunity for traders to go into the details before they make a decision.
Why not SEBI make it a rule . since insider traders may be aware of the results and play the game in their favour.
Will SEBI consider it?

Thursday, June 5, 2008

buy / sell properties popular sites

99acres.com(India)
magicbricks.com
makaan.com
indiaproperty.com
sulekha.com
realtor.com( US)
realestate.com.au
propertysites.com( US)
ebay.com

Tuesday, June 3, 2008

Listed Auto , Auto ancillaries Companies

Amtek auto Ltd
Apollo Tyres Ltd
Ashok Leyland Ltd
Bharat Forge Ltd
Bosch Ltd
Cummins India Ltd
Eicher Motors ltd
Escorts Ltd
Exide Industries
Hero Honda Motors
Hindustan Motors Ltd
Mahindra & Mahindra Ltd
Maruti Suzuki India Ltd
MRF Ltd
Swaraj Mazda Ltd
Tata Motors Ltd
Tvs Motors

Monday, June 2, 2008

FMCG Companies operating in INDIA

Amul India , Britannia, Cadbury India, Colgate-Palmolive, Dabur
Gillette, Godrej Sara, Henkel, Hindustan Unilever, ITC, Johnson & Johnson, Marico
Nestle, Nirma, Parrys confectionary, P&G India

These companies do business in personal care /cosmetics/edible oils / Coffee /Tea/tobacco/perfumes/soaps/shampoos/Confectionary/Bab care/Herbal Items/

Nse And Sensex