Thursday, December 09, 2010

Personality test….

I literally failed to pass the personality test….an exam I wrote for my MSc-Psychology.
The story goes like this….My life time dream and a long drawn waiting to get a Psychology degree provided me an opportunity to understand the personality..especially mine first. Today be it a genuine reason on not but studied till the last minute. I planned to start by 1pm to reach hall and exam starts at 2pm.I was on duty for some reason continued my study up to 1.30 then upto 1.50.I was under the impression that I can make my journey in 10min.
The influence of External environment.-I forgot my keys to my Suzuki bike and the engine is on …result...the battery got discharged. When I was in hurry, it gave an empty support by not starting despite of several attempts. So my whole plan went drain.
I ran like a student to reach my exam hall. I went to my same hall where I wrote my earlier paper. The same examiner, both exchanged greets, took my paper, registered my self on the answer sheet, then the examiner noticed that my seat number was not in that hall but on the other side of the next building.
He was nervous because I attempted, wrote the answer sheet and cannot let me carry the question paper& answer sheet to reach my new hall. When I suggested, he agreed to send those with the watchman, requested my support to get him available.Now it is my turn to request that guy, expressed his dislike and furious on the incident. He not willing to play a responsible role but yielded to my request. The time is running, and then I got internal tension when he went into the principals’ room. I waited impatiently and nervous.
I read the question paper, my last minute study didn’t help me anyway, mind is working on the challenges, followed the attendant reached the hall in the next building at 3rd floor. I lost the rhythm of my heart beat, got sweating and could not manage felt guilty of the situation.
Now coming back to the “Personality” exam: though planned but the external environment can spoke the calmness.
I have decided to prepare well for the exams because I need to get first-class not the pass marks. I have second year to go and in between, can avail a supplementary. 

There is a lot more I need to do and I will.
I regularly dedicate my time to work on the book about        

“The Psychology & Price movements in Stock Market".

========================The markets are devoid of positive news, bundled with the scams and involvements. The opposition is lobbying the industrialists, so is the ruling party. The party is spoiled for now until….the last published levels are honored.
.............The markets favourite scrips now are Bharti, Coal India, Rpower, Tata power, Pharma and FMCG. At this juncture Nifty is at cross roads despite a 700 points dive from a peak of 6340 level. The bears may exert press if Nifty fails to bounce now to and stay above 5980 level.
The banks will get a breather in beating when SBI stays above 2846 level and the Reality get relief when DLF stay above 306-08 level.

Rallies and Manipulations

As a matter of fact we have to co-relate the Political rallies and the STOCK-MARKET  Rallies both are SPONSORED.We normally accept the first one which we see and was so indulged in our life that they are there and they have to be.
The second one we consider as sacrosanct and may people believe that the economy is driving the markets up or down ignoring or giving less importance to sponsorship.I too accept that the good economy drives the market but it won't derive RALLIES IN DUDS.
The facet of the market is always hidden and specially decorated to attract.......

All Rallies demand "MONEY" to make it happen and Manipulations manifest when money is "PLACED".

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IB report spooks markets; small, midcaps take a hit
BS Reporter / Mumbai December 9, 2010, 0:05 IST

BSE smallcap index has lost 7.5% in one week
The share prices of many small and mid-cap companies are sliding in anticipation of a crackdown by regulators on stock market operators named in an alleged Intelligence Bureau (IB) report.
The report has been in circulation in the markets for nearly a week. Stocks in the Bombay Stock Exchange (BSE) small-cap index that have fallen a little over 45 per cent over this period include Parekh Aluminex, Midfield Industries and Comfort Intech. In the BSE mid-cap index, Ruchi Soya, K S Oil and Shree Ashtavinayak have fallen around 26 per cent.
During the period, the BSE smallcap index has fallen 7.5 per cent while the BSE midcap index has lost 4.8 per cent.
The report, dated September 20, and said to be prepared by outgoing IB chief Rajiv Mathur, apparently named stock market operators like Ketan Parekh, Vimal Rathod, Sanjay Dangi, Raju Barter, Ashok Poddar, Manish Marwah, Dinesh Singhania, Raj Agarwal and C Sivasankaran, the last a non-resident Indian.


As usual Thanks to BS.

Tuesday, December 07, 2010

MULTI BAGGER RETURNS

The multi bagger returns 

Jhunjhunwala may make 30-fold profit from A2Z IPO
Bloomberg / Mumbai December 7, 2010, 0:38 IST

The price band for the issue has been fixed at Rs 400-410.


Billionaire investor Rakesh Jhunjhunwala may make a 30-fold profit from his investment in A2Z Maintenance & Engineering Services Ltd should the company sell shares at the top-end of the range during its initial public offer (IPO).
The public offer of A2Z Maintenance & Engineering, in which Jhunjhunwala has 21.03 per cent stake, will remain open for subscription between December 8 and December 10. The price band for the issue is fixed at Rs 400-410.

Jhunjhunwala, named India’s Warren Buffett by Forbes magazine, paid about Rs 23 crore to purchase a 30 per cent stake in the company in 2006. A2Z, which provides services to power generation and transmission companies, and existing investors plan to sell as much as Rs 862 crore of stock in public offer, with Jhunjhunwala selling 500,000 shares.
A2Z is raising money to tap increasing demand for electricity transmission lines and renewable energy projects to feed companies in Asia’s second-fastest growing major economy. Prime Minister Manmohan Singh’s government plans to invest about $1.5 trillion in the 10 years to 2017 to improve transport and power networks, which are ranked below those of Sri Lanka and war-ravaged Ivory Coast.

“India needs infrastructure” as economic growth accelerates, Jhunjhunwala said at a briefing today. The country’s gross domestic product climbed 8.9 per cent for a second straight quarter in July to September.

Jhujhunwala said he paid “below” Rs 14 apiece to buy stake in the company in 2006. He sold a nine per cent stake to a private equity firm before the IPO. A2Z and its investors plan to sell shares for Rs 400-410 each, according to a statement from the company today.

 Thanks to BusinessStandard for the article today.
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I am also amazed to see that the DCM and SuryaLakshmi cotton when I recommended to my friend in Visakhapatnam on railway platform while seeing off. I asked to buy at around Rs 30 now touched at Rs168 and Rs146 respectively. A pity-I have no position.
He was also very eager to buy Venkeys at 125 range now above 850+.
Just nostalgic left over dreams recollection.................................... 
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