Monday, November 12, 2007

Performance v/s Position

A priest dies and is waiting in line at the Pearly Gates. Ahead of him is a guy who's dressed in sunglasses, a loud shirt, leather jacket and jeans.

Saint Peter addresses him, "Who are you, so that I may know whether or not to admit you into the Kingdom of Heaven?"

The guy replies, "I'm Joe Cohen, taxi driver, from New York."

Saint Peter consults his list. He smiles and says to the taxi driver, "Take this silken robe and golden staff and enter the Kingdom of Heaven."

Now it's the priest's turn. He stands erect and booms out, "I am the Right Reverend Joseph Snow, pastor of Saint Mary's for the last forty-three years."

Saint Peter consults his list. He says to the priest, "Take this cotton robe and wooden staff and enter the Kingdom of Heaven." "

Just a minute," says the priest. "That man was a taxi driver. Why does he get a silken robe and golden staff?""

Results," shrugged Saint Peter. "While you preached, people slept. When he drove, people prayed."

Moral: It's Performance, Not Position that Counts ....!!                                                              

Tuesday, November 6, 2007

Hindustan Construction Company- The company has got big contractof more than 1000 Cr

yes this is true. Just before results company has got big contract of more than Rs. 1000 Cr but has not come out with news in markets yet. The company order book is swelling day by day and you can soon see stock fiddling with higher levels.

Also keep an eye on market as post Diwali correction or fireworks can happen.                                                              

Monday, November 5, 2007

Jindal Steel and Power

Jindal Steel and Power has jumped by Rs. 3500 within last few days. While company has denied any rumours of bonus and stock split there is lot of talk related to [price movement. While someone is talking of split, other are saying that it has bought a stake in a subsidiary of a renowmed company. Its a magoc of charts or rumours but the stock today again breached the wall but scales back as marked came down in the day.                                                              

Thursday, October 18, 2007

Love Frog...

A beautiful, well endowed, young lady goes to her local pet store insearch of an exotic pet. As she looks about the store, she notices a boxfull of frogs. The sign says: "Sex Frogs! Only Rs. 200 each! Money BackGuarantee! (Comes with complete instructions).

"The girl excitedly looks around to see if anybody's watching her andwhispers softly to the man behind the counter, "I'll take one." The manpackages the frog and says, "Just follow the instructions carefully.

"The girl nods, grabs the box, and is quickly on her way home.

As soon as she closes the door to her apartment, she takes out theinstructions and reads them carefully. She does exactly what isspecified:

1. Take a shower.

2. Splash on some nice perfume.

3. Slip into a very sexy nightie.

4. Crawl into bed and place the frog down beside you. Allow the frog tofollow its training.

She then quickly gets into bed with the frog and, to her surprise,nothing happens! The girl is totally frustrated and quite upset at thispoint. She re-reads the instructions and notices at the bottom of thepaper it says, "If you have any problems or questions, please call thepet store.

"So, the lady calls the pet store. The man says, "I had some complaintsearlier today. I'll be right over.

"Within minutes, the man is ringing her doorbell. The lady welcomes himin and says, "See, I've done everything according to the instructionsand the damn thing just sits there.

"The man, looking very concerned, picks up the frog, stares directly intoits eyes and sternly says:

"Listen to me! I'm only going to show you how to do this one more time!"
                                                             

Tuesday, October 9, 2007

Arrested for laughing

A young woman who was several months pregnant boarded a bus.

When She Noticed a young man smiling at her she began feeling humiliated on Account of her condition. She changed her seat and he seemed more amused. She moved again and then on her third move he burst out laughing...... She had him arrested.

Then the case came before the court, the young man was asked why heacted in such a manner.His reply was: When the lady boarded the bus I couldn't help noticing she was pregnant.. She sat under an advertisement, which read: 'Coming Soon: The Gold Dust Twins'. I was even more amused when she sat under a shaving advertisement, which read: 'William's Stick Did The Trick'.Then I could not control myself any longer when on the third move she sat under an advertisement, which read: 'Dunlop Rubber would have prevented this accident.' The case was dismissed!                                                              

Monday, October 8, 2007

Axis Bank- UTI Bank- Home Loan- Hidden Charges and Frauds


This post is to enlighten people who are about to take home loan for the first time and do not know the intracacies involved in financing.

I had a bitter experience with Axis Bank (formely UTI Bank) but in the process I came to know the nuances involved and how strong reaction/followup can really prevent the dejection on the customer end.

To start with Me and my wife visited a newly launched property in Indirapuram. Axis, HDFC, BoB and ICICI was pre-approved banks. My need was maximum financing of 90%. I was not aware about any charges and hence was curious about knowing from various vendors. All banks except Axis Bank told me that as per RBI Guidelines it would not be possible for them to finance 90% but they can try anywhere above 85% based on profile. Also processing charges was Rs. 5618 and apart from there was absolutely no hidden charges.

An agent from Axis Bank studied my profile and assured me that he would give 90% and Rs. 5618 would be charged as processing charges. I was bit amazed but then with free insurance and other stuff I thought to give Axis Bank a try as they said YES to all my conditions.

2 weeks passed by and one fine day i reeived my sanctioned letter. Two points attracted me to sanction letter. First the max limit approved was about 92% based on my profile (by the way this is the upper cap and not the disbursal amount). Second and most shocking was 1% processing fee which was not told to me earlier. To make the matter worse they encashed my Rs. 5618/- cheque also.

After sanction letter they called me up and told me that they could provide only 89% finance and 1% processing fee is mandatory (which was about 30k in my case).

I took a back seat and said since the retracted on both conditions and hence I am not interested in taking loan. More disheartening was the fact that they had gone back on their commitments and I had no faith left in the bank.

Sensing my hard attitude they asked to agree on 89% and to mention in the sanction letter that Rs. 5618/- would be the charges and I wont pay more than that.

After much persuasion I agreed on 89% and Rs. 5618/-. They made me sign all documents and took all papers.

After a week I got another call and gave me two options

1) Agree on 85% and charges of Rs. 5618/- or
2) Agree on 89% and charges of Rs. 30,000.

I was in trouble as they already taken 30 days of 45 days in which payment has to be deposited with builder and on top of it they were not returning the papers too when I told them that I am not interested.

I raised my voice to all levels and since trust was broken my point was clear" I dont want to deal with Axis Bank". To add an insult to injury they were not returning my paper and kept on delaying it. I was not told whom to contact and they stopped to answer my calls too.

Since it was end of month one fine day they called my up and told me that my loan is approved on 89% and Rs. 5618/- as processing charges at 11%. I said NO and that I am no more interested. My plan was to engage HDFC as I was fed up of people of Axis and from their attitude of keeping people in ransom.

They tried to convince me but I asked them to give my papers. Finally I was asked to collect it from Aruna Asif Ali brach in delhi but when I visited that place at 10 in morning I was told that my loan has already been disbursed.

I objected to sanction and told them to give me back my papers. The co-ordinator told me that loan is disbursed and in order to cancel it I have to pay interest charges. This made me angry and I started to question the bank on almost everything. On other end I was told that DSA involved has declined any sort of conversation and on top of that he is asking me to show up the papers where i has declined the disbursement.

After 4 hours and much I waiting I banged into conference room to talk to their Head (by the way no one from Axis Bank was allowing me to meet him). Head was good enough to give his time immediately. I explained the whole case and the owner of DSA was also called there.

The Head of Retail asset branch at aruna asaf ali branch then studied my case from all scenarios and assured me that nothing will happen from now on. He told me that 89% at 11% charges with Rs. 5618/- is final and that nothing would be asked from now.

Since head was saying that I finally agreed and came back home. But the main point still remains "even though the head of retail asset assured me that processing fee of Rs. 5618/- would be final, it has been 10 days and I have still not recived the same in written format as was agreed by him".

I am not sure of next step but I am prepared to take it to conclusion.

PS.- Names have not been reveled as I strongly believe that its the system which has a problem rather than individual people. People are merely means to a process established by an organization which is Axis Bank in this case.

Leave your comments in case you have doubts.
                                                             

Monday, September 10, 2007

Power Within US

A short story on the power within us........

The business executive was deep in debt and could see no way out.Creditors were closing in on him. Suppliers were demanding payment. He saton the park bench, head in hands, wondering if anything could save his company from bankruptcy.

Suddenly an old man appeared before him."I can see that something is troubling you," he said.After listening to the executive's woes, the old man said, "I believe I can help you." He asked the man his name, wrote out a check, and pushed it into his handsaying, "Take this money. Meet me here exactly one year from today, and youcan pay me back at that time." Then he turned and disappeared as quickly as he had come.

The business executive saw in his hand a check for $500,000, signed by Henry Ford, then one
of the richest men in the world! "I can erase my money worries in an instant!" he realized. But instead, theexecutive decided to put the uncashed check in his safe. Just knowing it was there and might give him the strength to work out a wayto save his business, he thought. With renewed optimism, he negotiated better deals and extended terms ofpayment. He closed several big sales. Within a few months, he was out of debt and making money once again. Exactly one year later, he returned to the park with the uncashed check. Atthe agreed-upon time, the old man appeared. But just as the executive wasabout to hand back the check and share his success story, a nurse came running up and grabbed the old man. "I'm so glad I caught him!" she cried. "I hope he hasn't been bothering you.He always escapes from the rest home and goes around telling people he's John D. Rockefeller or Henry Ford . " And she led the old man away by the arm.The astonished executive just stood there, stunned.

All year long he'd been wheeling and dealing, buying and selling, convincedhe had half a million dollars behind him. Suddenly, he realized that it wasn't the money, real or imagined, that hadturned his life around. It was his newfound self-confidence that gave him
the power to achieve anything he went after. Don't let life discourage you;
everyone who got where he is had to begin from where he was.                                                              

Thursday, August 16, 2007

Short Love Story...Very Short Indeed

A true story.......

Boy & Girl in restaurant

Boy:-I Love u

Girl:-I don't Love u

Boy:- Think again?

Girl:-I told u. No no & no

Boy :- Waiter, bring separate bills.

Girl:- ok ok....... I Love u too..........                                                              

Tuesday, August 7, 2007

The Philosphy of Life- Enjoy Life Till The Last Moment

Must Read

Q: I've heard that cardiovascular exercise can prolong life; is this true?

A: Your heart is only good for so many beats, and that's it... Don't wastethem on exercise. Everything wears out eventually. Speeding up your heart will not make you live longer; that's like saying you can extend the life of your car by driving it faster. Want to live longer? Take a nap.

Q: Should I cut down on meat and eat more fruits and vegetables?

A: You must grasp logistical efficiencies. What does a cow eat? Hay and corn. And what are these? Vegetables. So a steak is nothing more than anefficient mechanism of delivering vegetables to your system. Need grain? Eat chicken. Beef is also a good source of field grass (green leafy vegetable). And a pork chop can give you 100% of your recommended dailyallowance of vegetable products.

Q: Should I reduce my alcohol intake?

A: No, not at all. Wine is made from fruit. Brandy is distilled wine, that means they take the water out of the fruity bit so you get even more of the goodness that way. Beer is also made out of grain. Bottoms up!


Q: How can I calculate my body/fat ratio?

A: Well, if you have a body and you have fat, your ratio is one to one. If you have two bodies, your ratio is two to one, etc.

Q: What are some of the advantages of participating in a regular exercise program?

A: Sorry. Can't think of a single one. My philosophy is: No Pain........ Good! Q: Aren't fried foods bad for you? A: YOU'RE NOT LISTENING!!! ... Foods are fried these days in vegetableoil. In fact, they're permeated in it. How could getting more vegetables be bad for you?

Q: Is chocolate bad for me?

A: Are you crazy? HELLO!! Cocoa beans! Another vegetable!!! It's thebest feel-good food around!

Q: Is swimming good for your figure?

A: If swimming is good for your figure, explain whales to me.

Well, I hope this has cleared up any misconceptions you may have had about food and diets.

And remember:

'Life should NOT be a journey to the grave with the intention of arriving safely in an attractive and well preserved body, but rather to skid in sideways - Chardonnay in one hand - chocolate in the other - body thoroughly used up, totally worn out and screaming : Woo Hoo, what a ride!                                                              

Monday, August 6, 2007

Fall in Markets- Will it continue

Dow is falling everyday and is dragging other indices down too. There is a fear of Yen carry trade alongside which is creating panic. But is this for real or its a momentary phase which needs to settle down. nifty/sensex is diligently following Dow even though think tankers feel that India should not be affected due to sub prime story.

One of the reality is that in down market big fund houses are making good purchase. Morgan stanley, merill lynch, citigroup bought shares worth Rs. 700+ crores last week and is leaving no opportunity to buy more and cheap.

Its good startegy to buy in panic and and big boys are making the maximum use of it.

A close above 4320 would be good sign for Nifty and we can see that demage is complete. Let the dust sttle down before Nifty start its majestic jorney again.                                                              

Tuesday, July 31, 2007

House of Pearl Fashions

A very good Analyst has given Target Price of House of Pearl Fashions Rs. 425+ in short to Medium Term.                                                              

Unitech- Analyst View

According to Reports a Big Analyst has startd to cover Unitech and has given Target Price of 700+ in short to Long Term.                                                              

DLF- Analyst View

According to Reports a Big Analyst has startd to cover DLF and has given Target Price of 725+ in short to Long Term.                                                              

Humor Joke- Husband and Wife in court getting a divorce

Scene: Husband and Wife in court getting a divorce.

The problem was who should get custody of the child????

Wife jumped up and said: "Your Honor! I brought the child into this world with pain and labor. She should be in my custody." The judge turns to Husband and says "What do you have to say in your defense?"

The husband sat for a while contemplating then slowly rose.

"Your Honor. If I put a dollar in a vending machine and a Pepsi comes out. Whose Pepsi is it? the machine's or mine?"

Yeh sunke...Wife replied : "Judge sahab...bartan mera...dudh bhi mera...aur usme dahi jamane ke liye 2 bunde daalne se dahi bana tu fir wo dahi kiska..? mera ya do bund dalane vale ka"

Husband replied : "Typewriter mein kagaz maine dala, keys daba-daba kar mehnat maine ki, fir chithi kiski? typewriter ki ya meri?"

Frustrated Judge: "Agar tu chithi haath se hi likh leta to yahan par custody ki naubat hi na aati."                                                              

View on Nifty- Safe Strategy

Selling 4200PE and 4600 CE makes sense and would be safe strategy for this month. Return would be consistent and in line.                                                              

Sunday, July 29, 2007

Breaking News- ITC Limited

A leading analyst has raised the Target Price of ITC for medium to long term from 180+ to 200+                                                              

Articles of Interest- View on Nifty by Various Analysts

Folks- Below are analysis which caught my interest. It would caught your ineterst too if you too concerned about hat will happen in stock market next. before i publish my view soon, read through the views published in reputed news-sites

The Hindu- Index Outlook
http://www.thehindubusinessline.com/iw/2007/07/29/stories/2007072950330900.htm

Business Standard-Weekly Tech Analysis: Support around 14930
http://www.business-standard.com/common/storypage_c_online.php?leftnm=11&bKeyFlag=IN&autono=25970

Hindustan Times-Chartists see further fall
http://www.hindustantimes.com/StoryPage/StoryPage.aspx?id=3b770bcf-eecd-44c6-a319-7552a2664a55&ParentID=108347f1-ff13-4f81-8a25-0f6ce19b9bf5&MatchID1=4501&TeamID1=2&TeamID2=6&MatchType1=1&SeriesID1=1122&PrimaryID=4501&Headline=Chartists+see+further+fall                                                              

Saturday, July 28, 2007

Are you fearing a 'Black Monday' revisit?

It was 3rd biggest single day absolute fall for Sensex ever which was weighed down by extremely weak global cues, the benchmark indices joined their Asian peers losing strength across the board.

read more | digg story                                                              

Friday, July 27, 2007

Dont Be Scared- Nifty Outlook

Dont be scared folks. Even though this fall is third largest fall of Nifty but bulls still stands a chance. Post a comment if you stuck in Nifty and we will help you.

Also people holding stocks let us knowand we would tell you what analyst think of your stocks.

We are optimistic. though market may dwindle but the moement it will show sign of rise it can shoot like rocket.

Keep you finger crossed but never stop thinking.                                                              

Thursday, July 26, 2007

View on Nifty

Yesterday action of Nifty confirmed our view that it has now eneterd into a zone of 4535 to 4650. Index is still in rising channel and despite minor correction yesterday the scenario is still up. Nifty can now travel in channel till 4650 before it faces any resistance.

On intraday basis the nifty has support at 4540 and resistance at 4628. between these the movement would be rangebound.                                                              

Wednesday, July 25, 2007

View On Nifty

Channel — The index is trading in an upward sloping channel from the low of 4136
(low of 19 June 2007). Yesterday the index was trading around the upper end of the channel. Today fall is not conclusive and can be form of consolidation.


Moving Averages — The index is trading above the 5 dma = 4527 and 10 dma =
4480. Intra-week declines should find support around the 10 dma around 4480.

Support — Intra-week dips should find support around 4480. Lower support is around 4453 (low of 18 July 2007).                                                              

Nifty- Positions Taken

Nifty 4300 PUT and 4200 put was sold today. Market is unpredictable with bias towards an uprun which made us choose far off targets for august.                                                              

View on Nifty

As already written Nifty support has moved to 4525-4545. New target has now moved to 4640 to 4680.                                                              

Tuesday, July 24, 2007

Nifty View by top Analyst

Interested in report. Leave a comment with your email id.                                                              

Broad Style of Fund Management

Below are Broad Styles of Fund Management. See which style suits you most.

•Value- Here, the manager looks for undervalued stocks - stocks that are worth more than comparable stocks. The theory is that the market will eventually realize the value of these stocks and the price will go up.

•Growth- The manager picks stocks that are expected to grow much faster than comparable stocks. They may or may not be value stocks.

•Momentum- The manager buys stocks that are quickly rising - even if they are grossly overpriced. The basic idea is to buy and sell quickly.

•Bottom-up.-The manager picks stocks based on fundamental analysis of the company such as low price-to-earnings ratio, high book value etc.

•Top-down- Here, the manager looks for sectors in the economy that are doing well (or are expected to do well) and then picks stocks within those sectors.

•Sector rotation- Here, the top-down manager switches the investments to different sectors of the economy or industry based on analysis of economic and technical indicators.                                                              

View on Nifty

Dont expect nifty to correct fall too much before expiry. Nifty supports exists at 4530 zone and next argets are 4650 to 4680. stocks/Indices have tendency to stay long in an overbought zone. As i said earlier, historically all crashes has happeend between 1st to 18th of respective month. Wait for nifty to exhaust before you place your bids or ride the wave.                                                              

Sunday, July 22, 2007

Answer to Query- ITC

Question-What should i do with 30 Shares of ITC bought at 187 an year ago.

Answer- The long term median price target given by all analyst is Rs. 180. MR Equities has given 12 month price target of 195. IDBI Capital Markets has 1 year target of 176. Also technically stock is a good buy at 140 to 145 with target of 170. But this stck will take time to move.

Post Your Query here                                                              

Answer to Query-Hotel Leela Ventures

Question-I have 260 shares of Hotel Leela ventures bought at the average prices of 65.00 per share six month ago.what is the future prospect of this stock.should i hold it for 3 to 6 mor months or exit at he current level @rs.52.00 per share

Answer-Most of the analyst are not much optimistic about this stock. Good analyst had earlier put sell on this stock. Also people have been advised to switch to good stock like Indian Hotels rather than sticking to this stock. Now decision is yours.Good Luck

Post Your Query here                                                              

Answer to Query-Su-raj Diamond & Jewellery

Question- i am holding 250 shares of su-raj diamond & jewellery bought @ rs.62.50 per share in dec.2006.should I exit from this stock at the current levels (rs.58.50) or should i wait for 2-3 more months so that it reaches at the price level of rs.62.00

Answer-Jitendra, this particular stock is not tracked by any analyst. I tried looking through reports but could not find any. Also sticking to this stock has made you miss out on bull run. I would advice you to stick to fundamentally good stocks. Check the current magazines like money life, money today etc. and you will get good number of stocks to invest. JItendra, i wrote this posting for you http://niftynseoptions.blogspot.com/2007/07/investor-magazines-in-india-money.html

Post Your Query here                                                              

Answer to Query-Nifty Options

Question- I HAV SHORT 5 LOT OF NIFTY AT AVERAGE RATE 4400 WHAT TO DO

Answer-You need to is to sell 4600PE put at 170. By this you would be able to cap your losses at Rs. 30 considering nifty at 4600.No considering in august the situations that can happen
1) Nifty reaches 4700-- Your loss would be 130 instead of 300.
2) Nifty remains at 4600- Your loss would be 30.
3) Nifty reaches 4500- You loss would be 30. You would recover Rs. 100 in your futures and would receive Rs. 70 at option.
4) Nifty at 4400- Your loss would be Rs. 30 in options but you would break even in futures. Net loss would be 30.
5) Nifty at 4300- Your loss would be Rs.30.

This all I considered keeping nifty at 4600 today.
Disclaimer-stock market are risky and surprising. I can only suggest and in no way should be responsible for your actions. stock markets are risky and no one can predict but can give views only. In above I have given my views and the repsonsibility of decisiona nd loss and gain is entirely on you. Also I would think more baout it and update you soon. Meanwhile post you yahoo messanger id, so we can chat on it

Post Your Query here                                                              

Answer to Query- Infosys

Question-Please Tell me about Infosys

Answer-We need a strong consequtive close above 2100 to see a change in trend and positive outlook for stock. 1900 has acted as strong support and consecutive cand decisive lose below would take stock to 1820 and 1700 level.

Post your Query here- http://niftynseoptions.blogspot.com/2007/07/help-required-on-any-stock-post-comment.html                                                              

Investor Magazines in India- Money Today,Money Life, Outlook Money, Investors India

I am a regular reader of most of business/finance/investor magazines. The below 4 are my favorites and I dont miss any of their issue.

1) Outlook Money
2) Money Today
3) Money Life
4) Investor India

No doubt I have their subscription of 3 to5 years which ensures I do not Miss out on any issue.

Now the main thing- I believe it all started with Money Life when they flaunted the returns made by their stocks. The figures were very impressive and it could impress anyone who invests in stocks.

Immediate reaction came out from Money Today (Money today wealth tomorrow) which launched their portfolios and have started to track it on per issue basis. Not to metion that this startegy is in line with what big fund houses like citigroup, jp morgan, merill lynch, morgan stanley use.

I am still waiting for good reaction by other magazines (I could not see their recent issues due to time I need for my blog). Lets enjoy this feature till bull run is here. I am not sure what will happen when we enter the bear phase. Obviously they would be having a strategy for it but then the real winner would be the one who would ensure their readers would earn though any phase.                                                              

Saturday, July 21, 2007

Hindustan Unilever- Buyback may improve sentiments

HUL announced that it may consider sharebuyback in its 29th July board meeting.

http://www.business-standard.com/common/storypage.php?autono=291843&leftnm=1&subLeft=0&chkFlg=

While this can give stock a beeost in near term but stock earnings is still a view which affects the fundamental view on stock                                                              

BSE Metal Index- Breakout

BSE Metal Index has broken out of its resistance of 11400 with volumes few days back. The follow up closes has confirmed our view given few days back. We see short term target of 13800 and long term of 16000. The stocks which coomprises this Index with Relative strength are

Jindal Stainl- 54
Welspun Gujarat -41
Guj NRE Coke -30
Sesa Goa -21
Sterlite Inds -17
Hindalco Inds -13
TISCO- 12
Jindal Steel- 11
Hind Zinc -8
Natl Aluminium -8
Steel Authority -7
Essar Steel -3
Ispat Inds -3
JSW STEEL -1



AMong all these we recommend tata steel, sesa, jindal stainless,sterlite                                                              

Friday, July 20, 2007

View on Nifty

Today- Use 4550 as SL and Target 4580 and 4600. If nifty finds pressure at 4580 then short nifty with sl of 4605 and target of 4550.

Short Term- 4490 and 4500 is a strong support. the target has now moved to 5620                                                              

Expect Breakout in TTML

TTMl charts looks good for breakout. Please keep an eye on it                                                              

Humour- Story of different states in India

Scenario 1Two guys are fighting and a third guy comes along, then a fourth and they start arguing about who's right.You are in KolkataScenario
2Two guys are fighting and a third guy comes along, sees them and walksOn.That's MumbaiScenario
3Two guys are fighting and a third guy comes along & tries to make peace. The first two get together & beat him up.That's DelhiScenario
4Two guys are fighting. A crowd gathers to watch. A guy comes along and quietly opens a chai-stallThat's Ahmedabad.Scenario
5Two guys are fighting and a third guy comes he writes a software program to stop the fight. But the fight doesn't stop b'cos of a bug in the program.That's BangaloreScenario
6Two guys are fighting. A crowd gathers to watch. A guy comes along andQuietly says that "AMMA" doesn't like all this nonsense. Peace comes in.That's Chennai.Scenario
7Two guys are fighting. Both of them take time n say tu ek min. ruk sale and call their friends on mobile. Now 50 guys are fighting.You are DEFINITELY IN HARYANASenario
8Two guys are fighting. One or the other gets half beaten to death fight ends.All watching.You are DEFINITELY IN BIHAR                                                              

Brilliant E-book on Candlesticks

Good E-BooK on CandlesticksCandlesticks is the method developed by japenese but is now used worldwide. It is so simple that you can read it like a novel. You will see the sea change effect in the way you would start to see the charts. Believe me.
The book is one of the best.
To receive this e-book, leave a comment in this blog
Thanks,
Chilli Flakes
url- http://niftynseoptions.blogspot.com/
Google Group- http://groups.google.com/group/niftynseoptions
Orkut Groups-http://www.orkut.com/Community.aspx?cmm=35888989
http://www.orkut.com/Community.aspx?cmm=35922731                                                              

Thursday, July 19, 2007

View of Brokerage House

A brokerage house has given FY08 target of sensex above 5200 and FY09 above 6400.

stay tuned for more views                                                              

India's Sensex Rises to Record on Profit; Ranbaxy, Larsen Gain

India's Sensex Rises to Record on Profit; Ranbaxy, Larsen Gain
By Gautam Chakravorthy and Pooja Thakur
July 19 (Bloomberg) -- India's Sensitive Index rose to a record, posting its biggest advance in three months, on speculation earnings reports this month will support higher share valuations.
Ranbaxy Laboratories Ltd. and Larsen & Toubro reported a doubling in quarterly profits today.
``The earnings momentum of top companies we believe will be in excess of 20 percent,'' said R. Rajagopal, who manages the equivalent of $68 million at DBS Chola Asset Management Co. in Mumbai. ``Liquidity and fundamentals are driving the market.''
The Bombay Stock Exchange's Sensex, rose 248.96, or 1.6 percent, to 15,550.13, its biggest advance since April 20. The S&P/CNX Nifty Index on the National Stock Exchange gained 62.55, or 1.4 percent, to 4,562.10.
Also helping drive gains were overseas investors who bought a net 9.46 billion rupees ($232.1 million) worth of Indian shares July 17, the Securities & Exchange Board of India said.
Ranbaxy, India's second-biggest drugmaker by sales, gained 4.7 rupees, or 1.4 percent, to 351.55. Group profit rose to 2.64 billion rupees ($65.5 million) in the three months ended June 30. Profit was higher than the 1.73 billion rupee median estimate of seven analysts surveyed by Bloomberg.
Larsen, India's top engineering company, rose 47.15 rupees, or 2 percent, to 2,376.7 after saying first-quarter profit climbed to 3.77 billion rupees as it secured more orders to build ships and power stations and made currency gains. Six analysts Bloomberg News surveyed estimated a median profit of 2.44 billion rupees.
Stake Sale
Reliance Communications Ltd., India's second-biggest wireless operator, rose 12.1 rupees, or 2.1 percent, to 579.3 after saying it will sell a stake in its infrastructure unit for about $338 million to seven global investors to raise funds for extending its network. The sale values the tower unit at 270 billion rupees, Chairman Anil Ambani told reporters in Mumbai today. The company will build 23,000 towers in the next six months to extend its network into rural India.
Hindalco Industries Ltd., India's biggest aluminum maker, added 1.65 rupees, or 0.9 percent, to 185.95 after it agreed to buy the remaining 45 percent stake it doesn't own in Utkal Alumina International Ltd. from its venture partner Alcan Inc. Hindalco will probably complete the stake purchase by the third quarter, Alcan, the world's third-largest aluminum company, said yesterday.
The following shares rose or fell. Stock symbols are in brackets after company names.
ACC Ltd. (ACC IN) rose 17.2 rupees, or 1.5 percent, to 1,150.3. The nation's biggest cement maker by capacity reported a net income of 3.51 billion rupees in the three months ended June 30. The median profit estimate was at 3.9 billion rupees, according to seven analysts surveyed by Bloomberg News.
Infosys Technologies Ltd. (INFO IN) gained 49.75 rupees, or 2.6 percent, to 1,996.85. The country's second-largest provider of computer services is in talks with at least four companies, including Cap Gemini SA, for a potential acquisition, the Times of India reported, citing industry officials and analysts it didn't identify.
Jindal Steel & Power Ltd. (JSP IN) spurted 194.15 rupees, or 5.1 percent, to 4,023.3. The local steel and power producer signed an agreement with Bolivia to invest $2.1 billion in a steel and iron-ore venture, the company said in a statement to the Bombay Stock Exchange.
Jindal Steel will invest the amount over eight years on a 10 million ton pellet plant, a 1.7 million ton steel mill and a 450-megawatt power plant.
Spice Communications Ltd. (SPCM IN) rose 14.65 rupees, or 32 percent, to 60.65 after the Indian mobile-phone unit of Telekom Malaysia Bhd., which raised 5.2 billion rupees selling shares at 46 rupees apiece, began trading today.                                                              

Peter Lynch - Investment Nuggets

One of the great investors of our time is Peter Lynch. He was the manager of the famed Magellan Fund at Fidelity Investments from 1977 until 1990 when he retired.
At an investment conference in 2005, he gave a checklist of 8 fundamental principles that he used in his stock picking. I think there's a lot to learn from the following 8 items:
1. Know what you own. This advice seems so simple, but is actually rarely followed by many investors. If you own mutual funds or ETFs, do you know what the fund is invested in or what the ETF is actually tracking?
2. It is futile to predict the economy and interest rates. Doing so is characteristic of short term and emotional trading. It can be important to understand these things, like he says, they're difficult to predict.
3. You have plenty of time to identify and recognize exceptional companies. So many people are worried about getting into an investment at the best and most opportune time. Take your time to research and look into any investment your considering. You'll always have enough time to do enough research if the investment is worthwhile. There will also always be another good investment. If you missed Microsoft or Google, don't think there will never be another good investment.
4. Avoid long shots. I think it says enough.
5. Good management is very important - buy good businesses. Even the greatest business concepts can fail with the wrong team in place. Mediocre businesses can also be outstanding with the right leadership. Take Steve Jobs and Apple for instance. Look at the companies' performance with and without him at the helm. It speaks volumes.
6. Be flexible and humble, and learn from mistakes. This is good advice not only for investing. Realize you're going to make mistakes and make it a point to learn from them.
7. Before you make a purchase, you should be able to explain why you're buying. If you can't explain your reasoning, you probably don't understand the investment, and you shouldn't invest in things you don't understand. Most people hear this, throw their hands up, and don't invest. Instead, take the time to try and understand the business if you're interested in it, and then buy it if it makes sense.
8. There's always something to worry about. Nothing is a ever a sure thing. Don't wait for something to be perfect, just put in your due diligence to alleviate and mitigate your risk.We can learn a lot from these principles, especially since they come from such a successful investor. I also like a couple of Peter Lynch's quotes. They can also teach a lot:
"Go for a business that any idiot can run - because sooner or later, any idiot is probably going to run it."(McDonald's is a great example of this)"If you stay half alert, you can pick the spectacular performers right from your place of business or out of the neighborhood shopping mall, and long before Wall Street discovers them."(Look at everyday products you and others are buying)We can learn a lot from successful investors such as Peter Lynch. Hopefully some of his strategies will be helpful as you begin and continue to invest.                                                              

View on Nifty

Nifty tested the upper channel and hence met the target of our earlier posting at 4550. Thereafter it lost tthe gains and dip in negative before recovering to postive territory. If you study candlesticks it shows Doji formation which signifies indecisive ness. In order to rise further nifty needs to break the upper channel with volumes. If nifty goes on red today than it may retrace to 38% to 50% which comes out to the level of 4470 to 4445. Our long term target of 5000 on nifty is still intact

Today upside resistence are 4530 to 4550                                                              

E-Book on Chart Patterns and Technical Indicators

E-Book on Chart Patterns and Technical Indicators
I am going to forward an ebook on Chart Patterns and Technical Indicators (one of the best). Please leave a comment with your email and we would mail it to you.

I keep forwarding such to my Google Group. Join the group http://groups.google.com/group/niftynseoptions                                                              

Wednesday, July 18, 2007

Harry Potter New Book - Spoilers, lol

Ron dies.
Lupin dies.
Percy dies (this death occurs before the wedding, inevitably throwing events into chaos).
Voldemort dies.
Snape dies.
Details aren’t needed. Just say BELLATRIX KILLS RON!
Snape’s loyalty? I found this to be the saddest part of the book. As many people guessed, all was not what it seemed with Dumbledore, and the two did indeed have a plan that would eventually result in Snape killing him. But, Snape was only in on things for personal gain, and when Voldemort learns of this, he is obviously furious with Snape. Snape tries to make up for things by luring Harry to him, but Harry manages to escape, and Voldemort kills Snape before the final conflict.
I don’t know what all these rumours are about Voldemort kidnapping Ron, it’s a complete lie. Ron is killed by Bellatrix Lestrange in The Battle of Hogwarts, but Neville manages to finish off Bellatrix after Ron weakens her before his death.
Harry is not a horcrux.
As I’ve already stated, Voldemort kills Snape.
Voldemort is killed in the Department Of Mysteries. He baits Harry about his parents, Sirius, Dumbledore and Ron. which turns out to be the worst thing Voldemort could have done. As Voldemort steps out into the circular bit with many doors, Harry opens the locked door, and Voldemort is destroyed by the blinding light, which heals Harry, who seems close to death (he does not die).
The cover art shows Voldemort + Harry at the Deathly Hallows, Harry is attempting to summon Voldemort’s Horcrux, as Voldemort is doing his best to keep the enchantment in place.
No-one loses a body part, no idea where that came from?
Also Harry does not get drunk whoever said that.
Harry does not lose his powers.

What’s the deal with the dragon on the US deluxe cover?
The trio fly on it to get to the Deathly Hallows. Only Harry and Voldemort can fight on the Deathly Hallows, but this is not their final encounter.

What’s happening on the UK kids cover?
Gringotts. The trio are searching for the locket (it isnt there) but they get vital information on Ravenclaws book here.

How’s the epilogue done?
I didn’t like it. It was in the form of a newspaper article, a sort of ‘Where Are They Now?’ thing, 20 years on from the final showdown.
You said Ron dies so what happens to Hermy at the end?
As said, her love life isnt specified. But she becomes a Healer at St. Mungo’s.

What’s Luna/Hagrid/Weasley twins/Neville’s fate?
Becomes editor of Quibbler (her dad passes it on to her)/Remains at Hogwarts to this day/Weasley’s Wizard Wheezes becomes multinational/Herbology teacher at Hogwarts after Sprout’s death (old age she isnt killed)

What happens to Voldy’s body in the end?
Completely obliterated by the love from locked room.

What are the horcruxes? How does Harry find and destroy them?
Nagini/Locket/Cup/Ravenclaws Book. Symbol on UK spine is a device that enables Harry to locate ‘soul fragments’ if you will, Harry can destroy them a lot more easily than Dumbledore.

What’s the deal with the mirror? How does RAB and Kreacher come into the story?
Sirius has left an almost ‘voicemail’ message on the mirror, to advise him on destroying the horcrux. Kreacher has to tell the trio (on Harry’s orders) about the history of the symbol and where to find it.

What’s the lies of Dumbledore chapter about?
Neon was right about this, this is to do with the plan with Snape. I don’t know if he got lucky because the Grindelwald thing isnt even close.

What happens to all the teachers? Who’s new headmaster etc?
McGonagall is new headmistress.

What’s Harry’s fate in the end? Job etc?
Becomes an almost freelance Auror but refuses to work for the MoM

To Read more on the Spoilers Visit Link Below

http://www.zendurl.com/h/hallows/                                                              

Investment tips from Indian Warren Buffett- Rakesh Jhunjhunwala

Rakesh Jhunjhunwala, "Indian Warren Buffett" gave some valuable tips on investing in Indian stocks. He was nicknamed as "Young tiger" during Harshad Mehta days.
Like Buffett, he started investing in shares from his young days.Investment Tips:
1. You have to wait for right moment before investing in stocks.
2. First quality every investor should have is optimism.
3. Monitor price moments regularly. Don't forget the past history of stocks.
4. Believe in markets. Markets always do right thing in long term. Do not speculate.
5. Good investment opportunities are going to be many. If you find them, grab them.
6. Price at which you buy a stock is very important. Look for the opportunities around with a keen eye.
7. Maximize the profits and minimize the losses. Don't forget this basic rule.
8. Invest in a business not a company.
9. Don't look for excess profits ina over valued economy.
10. Investing is not my profession. It is my passion. Investing is the most interesting thing in the world.
11. You should have your independent opinion. Keenly Observe and read relevant information with an open mind. Means are very important.
12. Learning is a continous process. Learn to accept losses with smile.
13. Ready for challenges and risks. If you want to win a war, you have to lose many wars.
14. You are not a owner of the wealth. You are a just trustee.
15. Indian stock markets will reach peak by 2010.
Please comment on this articles. at http://niftynseoptions.blogspot.com/                                                              

Warren Buffet- Facts about the Great Man

There was a one hour interview on CNBC with Warren Buffet, the third richest man who has donated $31 billion to charity Here are some very interesting aspects of his life:
1. He bought his first share at age 11 and he now regrets that he started too late!
2. He bought a small farm at age 14 with savings from delivering newspapers.
3. He still lives in the same small 3-bedroom house in mid-town Omaha , that he bought after he got married 50 years ago. He says that he has everything he needs in that house. His house does not have a wall or a fence.
4. He drives his own car everywhere and does not have a driver or security people around him.
5. He n ever travels by private jet, although he owns the world's largest private jet company.
6. His company, Berkshire Hathaway, owns 63 companies. He writes only one letter each year to the CEOs of these companies, giving them goals for the year. He never holds meetings or calls them on a regular basis. He has given his CEO's only two rules. Rule number 1: do not lose any of your share holder's money. Rule number 2: Do not forget rule number 1.
7. He does not socialize with the high society crowd. His past time after he gets home is to make himself some pop corn and watch Television.
8. Bill Gates, the world's richest man met him for the first time only 5 years ago. Bill Gates did not think he had anything in common with Warren Buffet. So he had scheduled his meeting only for half hour. But when Gates met him, the meeting lasted for ten hours and Bill Gatesbecame a devotee of Warren Buffet.
9. Warren Buffet does not carry a cell phone, nor has a computer on his desk.

His advice to young people : "Stay away from credit cards and invest in yourself and                                                              

Biocon, Gateway Distriparks, Reliance: India's Stocks Preview

Biocon, Gateway Distriparks, Reliance: India's Stocks Preview
By Pooja Thakur
July 18 (Bloomberg) -- The following stocks may rise or fall in Mumbai today. Prices refer to yesterday's close unless otherwise stated. The preview includes news that broke after the markets shut. Stock symbols are in brackets after company names.
The Bombay Stock Exchange's Sensitive Index slid 0.1 percent to 15,289.82. The S&P/CNX Nifty Index on the National Stock Exchange declined 0.3 percent to 4,496.75.
Overseas investors bought a net 16.6 billion rupees ($407.1 million) worth of Indian shares on July 16, according to the latest information on the Securities & Exchange Board of India's Web site.
Biocon Ltd. (BIOS IN): India's biggest biotechnology company may sell its enzymes business to Denmark's Novozymes A/S for an undisclosed sum, the Business Standard reported, citing unidentified people familiar with the development. The decision to hive off the enzymes business into a separate unit and then sell it to the Danish company may have been prompted by waning returns from this product, the newspaper reported. Biocon climbed 4.6 rupees, or 1 percent, to 460.6.
Gateway Distriparks Ltd. (GDPL IN): The Indian shipping logistics provider said fiscal first-quarter profit fell 6 percent to 185.8 million rupees from a year earlier. Sales rose 40 percent to 483.2 million rupees. Gateway added 1.05 rupees, or 0.6 percent, to 187.3.
Reliance Industries Ltd. (RIL IN): India's biggest company confirmed a gas discovery off the country's east coast, potentially making Reliance the country's largest producer of the fuel. This is the first gas discovery in the region by any company, P.M.S. Prasad, president of the Mumbai-based company's oil and gas business, told reporters yesterday. Reliance gained 50.8 rupees, or 2.9 percent, to 1,827.35.
Tata Motors Ltd. (TTMT IN): India's biggest maker of trucks is examining a potential offer for Ford Motor Co.'s Jaguar and Land Rover brands, the U.K.'s Daily Telegraph reported, citing unidentified people close to the situation. Tata Motors and Ford signed a confidentiality agreement, according to the people. Analysts have valued Jaguar and Land Rover at about $1.5 billion, according to the newspaper. Tata Motors declined 10.4 rupees, or 1.4 percent, to 748.8.
Tata Steel Ltd. (TATA IN): The world's sixth-largest steelmaker plans to invest 3.5 billion baht ($105 million) to expand capacity in its Thai unit, the Nation reported, citing B. Muthuraman, Tata Steel's managing director. Tata Steel (Thailand) Pcl's capacity to produce liquid steel will rise by 500,000 metric tons a year from 1.7 million tons after the expansion, which will be completed in October 2008, the newspaper said, citing Muthuraman. Tata Steel fell 13.75 rupees, or 2 percent, to 680.5.
Zee Entertainment Enterprises Ltd. (Z IN): India's biggest listed media company, reported a 51 percent increase in fiscal first-quarter group profit to 812.70 million rupees. Sales climbed 36 percent to 4.13 billion rupees. Zee slid 0.15 rupee, or 0.04 percent, to 335.8.                                                              

Tuesday, July 17, 2007

HELP REQUIRED ON ANY STOCK-CLICK HERE AND POST A COMMENT

PLEASE POST A COMMENT-

ANY TIME YOU STUCK IN ANY STOCK AND NEED A VIEW POST A QUERY WITH YOUR EMAIL. WE WOULD TELL YOU WHAT INVESTMENT COMMUNITY THINK OF IT FROM SHORT OR LONG TERM PERSPECTIVE.

WISH YOU LUCK WITH STOCKS                                                              

Rakesh Jhunjhunwala Portfolio


This man is genious. Started with Rs. 5000 and see where he is today. Good Job Man


                                                             

Titan Industries- SHort term call- Buy

Buy Titan at around 1316
Target 1348,158,168.
SL-1285                                                              

The best break-up letter- If you can't change your fate, change your attitude.

Very interesting story....
A soldier stationed in Afghanistan recently received a letter from hisgirl friend back home. It read as follows:
Dear Rick,
I can no longer continue our relationship. The distance between us isjust too great. I'm sorry. Please return the picture of me that I sent toyou.Love, Becky

The soldier, with hurt feelings, asked his fellow soldiers for anysnapshots they could spare of their girlfriends, sisters or ex-girlfriends. In addition to the picture of Becky, Ricky included all the other picturesof the pretty gals he had collected from his buddies. There were 57 photosin that envelope along with this note:Dear Becky,I'm so sorry, but I can't quite remember who the hell you are.Please take your picture from the pile, and send the rest back to me.

Take Care,Rick

Moral of the story: If you can't change your fate, change your attitude.                                                              

Buy C&C Construction

C&C Construction Buy -273, SL - previous close below 258, Target- Immediate 281, short term 305.

SInce it has shown sharp movement it can go high up.                                                              

Results Today- The stocks will be volatile and present money making opportunity

Results of stock below will provide good volatililty and people can make good money in swings. Strategy is to find whether the stock has risen too much or has gone too low and then look for numbers to go in favor or against the trend

Today following companies will present results
MTNL, NDTV, Tata Tea, Aventis Pharma, Bayer Corporation, Gateway Distriparks, Jubilant Organsys, KPIT Cummins, Noida Toll Bridge, S.Kumars Nation, Silverline, Torrent Cables, Ucal Fuel and Zee Entertainment.                                                              

Fortis, Geometric, Larsen, Lupin, Merck: India Stock Preview

Fortis, Geometric, Larsen, Lupin, Merck: India Stock Preview
By Cherian Thomas and Pooja Thakur
July 17 (Bloomberg) -- The following stocks may rise or fall in Mumbai today. Prices refer to yesterday's close unless otherwise stated. The preview includes news that broke after the markets shut. Stock symbols are in brackets after company names.
The Bombay Stock Exchange's Sensitive Index rose 0.3 percent to 15,311.22. The S&P/CNX Nifty Index on the National Stock Exchange gained 0.2 percent to 4,512.15.
Overseas investors bought a net 23.46 billion rupees ($575.5 million) worth of Indian shares on July 13, according to the latest information on the Securities & Exchange Board of India's Web site.
Overseas funds have bought a net $9.08 billion worth of stocks and bonds this year. That surpassed the net $8.87 billion in stocks and bonds bought in 2006. They purchased a record $9.46 billion in 2005.
Fortis Healthcare Holding Ltd. (FORH IN): Fortis and Apollo Hospitals Group are in talks with hospitals in the U.S. and the U.K. to win contracts for radiology operations, the Economic Times reported, citing company officials.
Fortis added 1.7 rupees, or 1.9 percent, to 92.95. Apollo Hospitals Enterprise Ltd. (APHS IN) slid 3.35 rupees, or 0.7 percent, to 492.
Geometric Software Solutions Co. (GMSS IN): The Indian software services company said fiscal first-quarter group profit climbed 84 percent to 116.5 million rupees. The shares gained 1.45 rupees, or 1.2 percent, to 125.55.
Larsen & Toubro Ltd. (LT IN): India's biggest engineering company secured orders worth $177.75 million for projects in the hydrocarbon industry in the Gulf region, it said in a statement to the Bombay Stock Exchange yesterday. Larsen rose 13.15 rupees, or 0.6 percent, to 2413.15.
Lupin Ltd. (LPC IN): The Indian drugmaker received regulatory approval to sell its version of Pfizer Inc.'s blood pressure-lowering drug Norvasc in the U.S. Lupin got permission from the Food and Drug Administration to sell tablets of amlodipine besylate, or generic Norvasc, in multiple dosages, the drug regulator said on its Web site. Lupin added 4.7 rupees, or 0.7 percent, to 713.85.
Merck Ltd. (EMER IN): India's biggest vitamin-E maker and a unit of Germany's Merck KgaA said second-quarter profit declined 81 percent to 163.1 million rupees. Sales climbed 4.8 percent to 911.9 million rupees. Merck added 0.75 rupee, or 0.2 percent, to 409.1.
Subros Ltd. (SUBR IN) The Indian vehicle air-conditioning company partly owned by Suzuki Motor Corp., plans to invest 2 billion rupees to double capacity. Subros gained 18.7 rupees, or 8.4 percent, to 240.65.
Tata Consultancy Services Ltd. (TCS IN): India's largest computer-services provider said first-quarter profit gained 37 percent after it won orders and raised fees for managing networks and call centers. Net income rose to 11.8 billion rupees in the three months ended June 30. That beat the 10.8 billion rupee median estimate of nine analysts surveyed by Bloomberg. Revenue climbed almost 26 percent to 52 billion rupees. The shares fell 8.95 rupees, or 0.8 percent, to 1127.9.                                                              

Reliance strikes gas in Cauvery basin

NEW DELHI (Reuters) - India's top private exploration firm Reliance Industries Ltd. has struck gas in a deep water block in the Cauvery Basin, off the east coast of India, the upstream regulator said on Monday.
"This morning they informed us about discovery of gas and condensate in their Cauvery basin block. The discovery is on the basis of one well drilled by the firm," V. K. Sibal, head of the Directorate General of Hydrocarbons, told Reuters.
This is Reliance Industries' first discovery in the deepwater block CY-DWN-2001/2 off Tamil Nadu.
Reliance was initially holding 90 per cent participating interest, with Hardy Exploration & Production (India) Inc holding the rest.
The block was awarded in the third round of New Exploration and Licensing round. Subsequently, Hardy pulled out and RIL now holds 100 per cent interest in the block.
Sibal said the company has to undertake further appraisal and testing to ascertain the scale of the reserves.
Reliance Industries has convened a news conference for Tuesday and is expected to detail the gas discovery.                                                              

Monday, July 16, 2007

Omaxe IPO- Estimate of Opening Price

A good brokering house has given the fair value of Omaxe Scrip to be between 440 to 460 which is cool 40%+ than upper band.

Good Luck                                                              

A Very Interesting Article- Building a Portfolio With Things, Not Paper

A Very Interesting Article- Building a Portfolio With Things, Not Paper

http://www.nytimes.com/2007/07/13/business/worldbusiness/13exotic.html?_r=3&oref=slogin&oref=slogin&oref=slogin                                                              

Credit Suisse eyes 15pct in India Park Hotels - report

MUMBAI (Reuters) - Credit Suisse is buying up to 15 percent in Park Hotels for $50-$55 million, two newspapers reported on Monday.
Credit Suisse's real estate fund will acquire 10-15 percent in the hotel chain in a structured deal, the Business Standard said, citing sources close to the development.
The deal is expected to be announced on Monday, the Hindustan Times paper said, also citing sources close to the development.
A spokeswoman for Park said she had no information at this point. A spokeswoman for Credit Suisse declined comment.
The Park chain of luxury boutique hotels, part of the diversified Apeejay Surrendra group, has six properties in India.
Credit Suisse, one of the world's top investment banks, launched its domestic brokerage operations in India earlier this year and recently obtained its Indian merchant banking licence.
A booming economy and an expansion in tourism are boosting demand for hotels in India, where a shortage of rooms has resulted in some of the highest tariffs in the region.                                                              

Buy SREI Infra

BUy at 99.5 and target aove 105 to 110 to 115. SL can be placed at 95                                                              

Buy Voltal - Future Cash

Buy Voltas -130, SL- 125 (Previous Close)
Target - 134, 138                                                              

Sunday, July 15, 2007

Money Making Machine- Deduction available on Home Loans can save tax for both Husband and Wife

Money Making Machine- In this Column we will teach you how you can make money even while buying. Did you know that deduction on repayment of home loan is available to both husband and wife to the amount of 5 lakhs. This meanssaving of above 1.5 lakh and amount of 5 lakh getting reduced to 3.5 lakh only. Again it means EMI of 40 thousand gets reduced to 30 thousand.

Wise people said you not only make money while selling but also purchasing.

Read on the intricacies.

Apply jointly with your spouse for a home loan to claim larger tax deductions. Section 24(b) grants deduction for interest up to Rs 1.5 lakh per year on a loan for acquiring a residential house. This deduction is available individually to both the spouses. To be eligible for the deduction, the home loan needs to be taken in joint names, property be owned and financed jointly in equal shares, with both spouses being joint owners. Needless to say, a joint loan application will also help a couple avail of a larger loan.

Get tax deduction for home loan interest repayments. Self-occupied residential properties can avail of another tax concession under Section 23(2) that provides that the notional income for the purpose of income tax for such properties will be deemed nil and yet the deduction for interest up to Rs 1.50 lakh will be available. In other words, there will be negative income (loss) from such property that will be available for set off against the tax payer’s any other income, including salary income. To put it differently, interest on borrowed money becomes tax deductible. If husband and wife both were to have an annual income of Rs 15 lakh each, they could claim an annual tax deduction of Rs 3 lakh (Rs 1.5 lakh for each) and save aggregate tax of Rs 1,01,970 (33.99 per cent of Rs 1.5 lakh multiplied by 2) between them. For convenience, they can file a declaration with their respective employers to deduct a specified amount of lesser tax at source from their salaries.


Claim tax deduction for principal repayment for home loan. Repayment of the principal amount of a housing loan is one of the tax concessions a taxpayer can enjoy under Section 80C. But unlike Section 24, this deduction is available only for repayment of the loan from an approved source like banks, HDFC, HUDCO or the employer company. The repayment of principal part of the loan qualifies for a deduction under Section 80C up to a maximum of Rs 1 lakh per year. In case of joint home loan application, this results in joint tax saving of Rs 67,980 (Rs 33,990 multiplied by two). But the biggest advantage in availing Section 80C deduction for repayment of housing loan is immunity from any adverse tax consequences of the proposed EET (Exempt, Exempt and Tax) system—where investments will get taxed on maturity, redemption, or sale. The simple reason for this is that by the very nature of the transaction (repayment of a loan), there is no question of “withdrawal’ of funds to attract tax, unlike in the case of National Savings Certificate (NSC), Public Provident Fund (PPF) or life insurance policies with cash values.                                                              

E- Book on swing trading

I am going to forward an ebook on Swing Trading (one of the best). I keep forwarding such to my Google Group.

Join the group http://groups.google.com/group/niftynseoptions and leave a comment with your email id.

One book is forwarded based on demand received. If you have some special request do leave it in comment.                                                              

Call- Maruti Udyog

Maruti is consolidating at current level. On can pick the stock with Target of 860+. Keep Strict SL of 817. Dont expect stock to rise tomorrow or in coming days (it may or may not happen tomorrow). It is a short term call of around 2 weeks.

Disclaimer- Markets is risky. These opinion are our own and anyone trading on it is doing so at his own risk.                                                              

Results This Week


                                                             

New Google Group launched

MAket is on New High. People have now started to predict TOPs and have started to speculate more than ever. To help you tide the unpredictable nature of Markets we have come out with a Group

http://groups.google.com/group/niftynseoptions


The mail motive of this group is to give well researchd calls and to help members with special advice in case they get struck in any stock. One answer can solve query of many which is our main Motive.

Join the group from above link and in case anyone have any questions than please leave a comment here.                                                              

Expect Nifty to Consolidate

Going by Theory of days in the month one can expect Nifty to hover around 4550 to 4400/4450. There would be no major correction and dont expect windfall profits from Shorting. Writing far off option would pay off.

PLEASE LEAVE A COMMENT IF YOU ARE STUCK IN SPECIFIC STOCK AND WE WOULD TELL YOU THE FUTURE ALONG WITH FACE SAVING EXERCISE.                                                              

News You Can Use- Hindustan Zinc Increases Zinc, Lead Prices Starting July 14

Hindustan Zinc Increases Zinc, Lead Prices Starting July 14

By Archana Chaudhary

July 15 (Bloomberg) -- Hindustan Zinc Ltd., India's largest producer of the metal, raised prices of zinc and lead starting on July 14.

The price of zinc was increased by 1,900 rupees to 160,900 ($3,981) a metric ton. Lead prices were raised by 1,100 rupees to 134,400 rupees a ton, the Udaipur-based company said in an e- mailed statement, without giving a reason.

The company last raised zinc prices on July 7 and lead prices on July 12.

To contact the reporter on this story: Archana Chaudhary in Mumbai at achaudhary2@bloomberg.net .

Last Updated: July 15, 2007 01:56 EDT                                                              

Central Bank sets 85-102 rupees/shr IPO price band

State-owned lender Central Bank of India has set a price band of 85-102 rupees a share for its 80 million share initial public offer later this month.

At the cap, the company would raise 8.16 billion rupees and used the funds for technology upgradation and business development, H.A. Daruwalla, chairwoman and managing director, told reporters on Friday.

The issue, accounting for 19.8 percent of the post-issue capital, will open on July 24 and close on July 27.

The issue would help raise the bank's capital adequacy ratio by at least 1 percent from 10.4 percent now, she said.

The bank, she said, aimed at a credit growth of 25 percent and deposit growth of 21 percent in 2007/08.

It also planned to reduce net non-performing assets to net advances to less than 1 percent by March 2008 from the present 1.70 percent, she said.                                                              

Nifty Outlook

The long-term target for the Nifty while assuming the continuation of the move since 2595-low would fall at 4390 and then 4731. The Nifty is currently poised between these two targets. In the week ahead, the resistance at 4520 needs to be firmly surpassed in order to take the index to 4581 and then 4629. The supports will be at 4443 and then 4405. Traders can buy in dips until the Nifty stays above 4400.

By - Lokeshwarri S. K. in Hindu


The markets rallied smartly last week led by frenzied buying in metal stocks. The BSE Metal index gained a whopping 11.4% (1,226 points) with the heavyweights SAIL, Tata Steel and Hindalco — the three stocks amount for almost 59% weightage in the index of 15 stocks — making sharp gains.The Banks, FMCG and realty stocks also witnessed considerable buying activity. While Infosys’ lowering its guidance for the full-year had limited impact on the technology stocks, pharma stocks continued to sag.The Nifty is close to its short-term target of 4520. The index has reached here rather sooner than expected. The index touched a lifetime high of 4514, and ended the week 120 points higher at 4505.


With momentum on its side, and the index in unchartered territory, it will be difficult to set an upside target for the Nifty. The bulls are unlikely to give up initiative. However, one may see some profit-taking around the 4600-4690 level.The short-term bias remains extremely bullish as long as the index trades above the 4420-mark.The Sensex, from an intra-week low of 14,830, soared to a new high of 15,331 — a swing of 501 points during the week. The index finally ended with a gain of 309 points at 15,273. The Sensex may rally to 15,500-15,780. On the downside, the index is likely to find considerable support in the range of 14,930-15,100 for remaining part of the month.The CNX 100 index, which ended with a gain of 126 points at 4433, is likely to touch the 4530 level this week, with an eye on 4700 in the short-term. On the downside, the index is likely to find support in the range of 4340-4370.

By Rex Cano in Business Standard                                                              

Infosys - Week Ahead

The earnings announcement did not bring positive surprises and the situaton is the same..

We found the splurge in volumes but a decisive movement above 2100 or 1900 did not took place.

We need a strong consequtive close above 2100 to see a change in trend and positive outlook for stock. 1900 has acted as strong support and consecutive cand decisive lose below would take stock to 1820 and 1700 level.

In infosys dont get moved by spikes but make your mind by seeing decisive closes. Till than stock will be rangebound                                                              

LINK STRATEGY - Viral Link


VIRAL LINK- Recently, I've come across this kind of stuff. But I didn't care about it, until lately when I'm looking for blogging tips, then I found this thing again. All thanks to Shawn Lim, for telling me this great way of linking strategy. This Viral Link concept was develop by this guy named Andy, you can read all the information about Viral Link and Andy here. This Viral Link is also one of the link strategy that will increase your link and hence boost your page rank.All you need to do is simply (paste in a post) :

=======Copy and Paste below this line========
Instructions:1. ) Copy and paste the matrix of “ViralTags” below courtesy of Founders Cafe.
2.) Substitute the Host Tag and one of the “Viral Tags” in the matrix with your anchor text of choice with your blog’s URL. Please keep anchor text to a max of 3 words to keep the matrix size manageable.
3.) When you get a ping back from someone that has your link in one of their “Viral Tags”, practice good karma by copying his/her Host Tag’s anchor text (automatically the associated link will also be copied) and paste it over one of your “Viral Tags” below.
4.) Encourage and invite your readers to do the same and soon this can grow virally.
Host Tag: Chilli Flakes

International City Travel Asian Celebrity News One Million Shirts Tech at Hand Rich Minx Internet Marketing Austria Ageless Beauty Web 2.0 Tutorials Technology Music Life infokarir jobs Manila Mom Link Love Blogging Money Secret Internet Startup Blog Web Design Blog Daily Life Technology Make Money Blogging Steve’s Tech Blog Agloco Internet Marketing Daily Bulls Investing Tech Gadgets Stocks Affiliate Program Computer Seventy-Five Learn about e-Learning Tech Hack Ramblings Jack Book Screen Writer Guy Overseas Filipino Worker business chats Startup Entrepreneur Money 7confessions Nostalgia Manila Earn Money Online Really Smart Guy Earn Income Online Day Mind Xpression Entrepreneurship Internet Web Make Money Blogging Create a Blog Pie Hole start a blog Make Money Blogging Marketing Made Simple Tech Startups Web2.0 Music Videos Enything on life Build Rankings Fast Mrs Sparrow Hot Buzz Weight Loss Really Funny Jokes Best of Blogs The Junkie’s Wife Internet Marketing German German - USA Domain Development Blogs Sundhed og Helbred Giving Link Love Business Blog Web Photoshop Tutorials Anitokid Chronikos Klapkids Chronikos esofthub’s web finds Everything iPod Jason’s Random Thoughts Fun Web Development Monetize Your Blog Yung Silent Whisper Stratz’s Blog My Journey Dinosaurs Pinoy Blog Machine maryannaville Blogging for Money Wealth Blog Bulletproof Harpist Gadgets & Technology Make Money Home A Day in the Life The Broken Bow Batang Baler Batang Yagit Fanatic Space Cheezmizan with Chuva Catepol Wolly’s Weblog Profitable Productive Blogging Cat on my Head Bloggointestinale 2012 Movies iMod Lorad Zarcon Instruzioni Sid05 Weblog Bayle Random Access Life Mario’s Weblog Acchiappasogni Dietro e a Casa Make Money Online Anchor Text Alex 2000 My Life Personal Finance Hanneng.net Tech Blog Business Twins Pixie Tail Gold Rushing’s Blog Trade CDs Massage Spas Bodywork Accountancy Basnav Blog Contests Angelblush GameOPS Nakanampucha Running MINI Wales Jehzlau Concepts Composed Gentleman Heroin Addiction Codependence Gold Rushin' blog Germany - USA Feedget Blogger Whale Make Money Online JLS Cisco Networking Humor Jokes Mik3 Web2.0 Founder Interviews Political Social Media Master Engrafter Making Money Online GoldyWorld Fun Static Thinkbox Running Fitness Marathons dating 40s relationships Jepoy Controversy Voices Heard MF Home Biz 4 all Down The Tracks On The Wings Of My Dreams ChronoTron E-cashworld Motiveless Crime California Web Development Derrich.com Speedcat Hollydale EZ Profit Henkou Blogging News & Reviews Legal Two-timer A's Asylum We are Family OTWOMD Aloemoney Pro Audio Matrix Love Potion (Gayuma) Daily tech notes Work at Home Mom earn money blog laketrees Ibujempol BundaWAH great way musing Electronica Music Diwatangbyaning Two Write Hands Karlana’s Blog - My Life MileStone Reyna Elena Mybloggo.org Cari Duit Huma B! Tag-a-roo laketrees Batang Yagit Daniel.B Honigman's Site danatmedog's blog Diet & Weight Loss Get Adsense Voice of Bragg Indulging in My Own Pleasure Chilli Flakes CYRUM Run Bull Dog Run Strange Pictures The Millionaire Secrets Johann The Dog Rescue Me Vinceleste.com - I am Balong Huma B ViralTags ViralTags ViralTags ViralTags ViralTags ViralTags ViralTags ViralTags ViralTags ViralTags ViralTags ViralTags ViralTags ViralTags ViralTags ViralTags ViralTags Important: Once I get a ping back from you (I promise to do the best I can), I will add your anchor text and the associated link you designate as “Host Tag” here, replacing one of the “ViralTags” from the matrix above. As more and more bloggers copy and paste this matrix, the more backlinks you will have with your anchor text. If everybody who copy and paste from your blog does the same, pretty soon this will spread and go viral. So, the sooner you participate, the more links with anchor text you will receive.
======== Copy and Paste from Above this line ========

                                                             

Saturday, July 14, 2007

Nifty Options Call Put Price

Please note that More Links can be found in New Blog.
Nifty NSE Future and Options Quotes/Daily Prices
PLEASE BOOKMARK THIS (BELOW LINK) PAGE :
http://www.mysticmadness.com/nifty-nse-future-and-options-quotesdaily-prices.html


I have many requests from People to give them a link from which they can find the Nifty call and put option price along with Future price. The Link is Below. Please bookmark it as it will help you strategize.

http://www.nseindia.com/content/fo/foquote.htm

Please leave comment in case more help is required.                                                              

Cola Wars- The Best of Coke and Pepsi







                                                             

Link Exchange Program

Getting more backlinks to your blog is important to increase traffic and PR of your blog. The more backlinks your blog get, the higher PR and traffic your blog will get.This is my Link Exchange Campaign 4. We exchange links with each other. Add my blog's link to your blog and I will add your blog's links to mine.

My Link to ADD http://niftynseoptions.blogspot.com
Title to Add-Chilli Flakes                                                              

GMR Infrastructure- Different Views

Moneycontrol stories on GMR

http://www.moneycontrol.com/india/news/stocksviews/anilmanghnanimodernsharesstockbrokersgmrinfrastructure/gmrinfrahastargetrs1029manghnani/market/stocks/article/291909

http://www.moneycontrol.com/india/news/stocksviews/vibhavkapoorilfsinvestmartgmrinfrastructure/sellgmrinfrastructurevibhavkapoor/market/stocks/article/291929


http://www.moneycontrol.com/india/news/stocksviews/anujainomniscientsecuritiesgmrinfrastructure/beinvestedgmrinfrastructure/market/stocks/article/291964


http://www.moneycontrol.com/india/news/udayans-comments/gmrgreat-storyvaluationslofty/14/40/291949                                                              

Friday, July 13, 2007

Award for Best Woman Driver








































































AND THE AWARD GOES TO


                                                             

Will Abhishek and Aishwarya split up

When two got united there were many who had a heartbreak and was much disappointed than ever. Obviously Abhishek and Aishwarya have a long list of fans and accepting this was something everyone had to digest with difficulty. People are closely watching the moves and the media is working hard to get a small glimpse of their emotions when they are together.

Dejected fans had nothing more to say rather than "this marriage wont work". Accept this truth that there is no charm left after their marriage rather than to hear something very spicy related to both of them. I am not sure how hard both of them have to work to show that they are happily married couple (if they care to) alongside the pressure on them from all quarters. Its been a while and people would soon start to digest the fact that this thing has actually happened.

There are bets people have put for 6 months to 1 year for their split without realizing the fact that they are also human beings and small changes in one's life have long standing implications. Its been few months and things are pretty fine. Things will be same going forward and people will be forced to live with this very fact. Also their focus would turn if next happening event turns up.

No matter how things have turned up but things are pretty good for now and we wish them happy journey together. Also we wish for more fans than ever based on their stunning performances.

Frankly I am fan of Abhishek and hope he will get more space at time when he has to travel many miles.                                                              

Mitsubishi Tsunami
























































                                                             

What Courage & confidence means?


                                                             

Nifty/Sensex on the Run- Things to keep in Mind before Writing Options

Though the profit potential of writing an option is limited, it can cause unlimited loss. However considering the Indian Scenario the most important point which needs to be considered is -ALL BREAKDOWN OF NIFTY OR SENSEX i,e. POTENTIAL CRASH HAPPENED BETWEEN 1ST TO 18TH OF EVERY MONTH. On other days Index either progressed or consolidated within the stipulated price frame.

We do not say that history will repeat every time but this gives you a confidence in case you are interested in writing a put option.

On Nifty- Nifty Put written at start of this month when it was above 60 is now at 9. In case anyone want to cash out they can do so and use the capital elsewhere. We are now interested in writing a call option to capitalize on the stretch of Index. However here one needs to be careful because a small fall in index, one needs to immediately lock its profit and get out. I would advise to wait and have a re-look at nifty on Monday.

Good Luck                                                              

Amul Ads- Cool Ads Ever- A Fabulous way in which Amul highlights the talk of the Town














































                                                             

Blog Archive

http://rpc.technorati.com/rpc/ping http://rpc.icerocket.com:10080/

  © Blogger template 'Perfection' by Ourblogtemplates.com 2008

Back to TOP