Where are we now???? any way....

Where are we now? with the built-up bottoms …..

..........EXACTLY 4 DAYS AWAY FROM MARCH F&O CLOSING.

The Nifty has made a case for it self to build its bottoms on the strong foundations admist of global turmoil such as natural calamities, manmade wars, and uproars against regimes. The severe deep cut from 6300 level to 5180 level gave an opportunity to build the bottoms at 5200 level and from there on at 5650 level. The bottoms are built up for sure provided it stays above 5370-80 and crossed the 5540-30 level with confidence.

NOW THE CURRENT PRICES ARE ALSO EXACTLY AT( same levels) 4 DAYS AHEAD OF FEBRUARY CLOSING.

OFCOURCE there are some out performers like Reliance by Rs 7%, LIC is also by 6%, Kotak bank up by 8%, Axis up by 8%, Coal India is up above by 18% and Relcap up by 20%but the disappointment is with SesaGoa by 8%, Ranbaxy by 12%.

The HLL under performed where as ITC out performed. SBI, Tatamotors and Tatasteel are underperforming by 4-6%.

The Nifty is just 1% up………………OK

Budget-2011-12- YES____But????....

The Pranab’s budget is same as earlier to focus on demand and propel growth. Te rural demand and in house economy building is good but the corporate houses are to be taken care as well.

The Soaps and Agarbatti companies share lots of fragrance of success.

The GST will lure all but the waiting is more painful to FMGC companies.

The cold chain and the chain action of profit growth is assured to those companies but the rise of copper may put some pressure.

The ready made branded garments put some 10% higher “pride cost” of buying but the quality was at yesterdays, level.

The low cost housing below 25 lakhs is the next mantra but the rise in the cement prices hampers the construction growth. The mall growth and SEZ growth get hampered and a severe blow to high rise illuminated luxury shopping. The IT and ITes are at foul cry with the introduction of MAT to SEZ. The big brother Reliance joins the group to provide chorus.

A severe blow to SESAGOA and others involved in miming of iron ore exports. The local sourcing of quality iron is at cheaper and easier than earlier.

The MAT was raised from 18-18.5% but the Corporate surcharge was reduced from 7.5% to 5%.

The good is the automobiles were spared from rise in excise duty.

A cool heath and rise in hospital bill and including Insurance tax is like filling the coffer with smile and sending the coffin.

The automobile is vrooming, banking sector in neutral, cement is cool, diamonds and jewelry lost the shining, IT is totally down, construction ok but infra is good with rising costs but power sector is good, steel is good, the FMCG is with fragrance,  phama needs a dose of pill but the corporate hospital and the AC hotels that serve a cool beer needs to pay the service tax. Those who want to fly shall pay more and their branded garment costs a lot. The oil and exploration is in demand with energy so is the power sector. Enjoy the budget but not the markets????????.

So sail with world markets and down with our weight unless or MF attract large capital INFLOW.

Budget-2011-12- YES____But????....

The Pranab’s budget is same as earlier to focus on demand and propel growth. Te rural demand and in house economy building is good but the corporate houses are to be taken care as well.

The Soaps and Agarbatti companies share lots of fragrance of success.

The GST will lure all but the waiting is more painful to FMGC companies.

The cold chain and the chain action of profit growth is assured to those companies but the rise of copper may put some pressure.

The ready made branded garments put some 10% higher “pride cost” of buying but the quality was at yesterdays, level.

The low cost housing below 25 lakhs is the next mantra but the rise in the cement prices hampers the construction growth. The mall growth and SEZ growth get hampered and a severe blow to high rise illuminated luxury shopping. The IT and ITes are at foul cry with the introduction of MAT to SEZ. The big brother Reliance joins the group to provide chorus.

A severe blow to SESAGOA and others involved in miming of iron ore exports. The local sourcing of quality iron is at cheaper and easier than earlier.

The MAT was raised from 18-18.5% but the Corporate surcharge was reduced from 7.5% to 5%.

The good is the automobiles were spared from rise in excise duty.

A cool heath and rise in hospital bill and including Insurance tax is like filling the coffer with smile and sending the coffin.

The automobile is vrooming, banking sector in neutral, cement is cool, diamonds and jewelry lost the shining, IT is totally down, construction ok but infra is good with rising costs but power sector is good, steel is good, the FMCG is with fragrance,  phama needs a dose of pill but the corporate hospital and the AC hotels that serve a cool beer needs to pay the service tax. Those who want to fly shall pay more and their branded garment costs a lot. The oil and exploration is in demand with energy so is the power sector. Enjoy the budget but not the markets????????.

So sail with world markets and down with our weight unless or MF attract large capital INFLOW.

STOCK MARKET Outlook 2011

Sensex: Outlook 2011

---

INVESTMENT FOCUS

---

The Sensex was volatile in the first nine months of 2010 and threatened to violate the 16,000-support, twice in February and then in May. But such a breakdown was averted on both occasions and the mood turned gung-ho, once it broke past the 18,500-hurdle, to take it very close to its previous life-time high of 21,208.

Long-term trend

As we stand at the threshold of a new decade and a New Year, the long-term charts have never looked this exciting. We are not talking about the next 12 months. It is a given fact that the year ahead will be choppy. It is the next 10 years that could see multi-fold appreciation in the benchmark.

It is fairly obvious that following a long-drawn bear market between 1992 and 2001, a fresh bull market is now in progress. Wave 1 of this bull market ended at the January 2008 peak of 21,207. The 2008 crash was the second wave that ended at 8,047 in March 2009. The third wave of this bull market is now in progress.

At the commencement of 2010, the rally from 8,047 had not progressed sufficiently to enable us to judge if it was the B wave of the second wave, or the commencement of the third wave upward. In simple terms, we expected the bear market to have legs that could make it drag on for a few more years. But a strong move above 18,500 and the index nearing its previous peak indicates that we are in a fresh leg upward of the long-term uptrend.

The targets for the third wave that is in progress from 8,047 trough are 39,337, 58,743 and hold your breath, 90,160. This wave can terminate at either of these targets and our preference veers towards the second. Extrapolation of the move that began from 1980 low also gives us a Sensex target in the 6-digit.

And the time when these can be achieved…Wave 1 took six years and three months. Wave three can be at least as long or 1.618 of wave 1. That gives us mid- 2015 or mid-2019. That is, the next decade is going to be good for Indian equities. The long-term outlook will be roiled only if the Sensex goes on to close below 13,000. If corrections halt above 16,000, that would reinforce the positive long-term view for the index.

2011

There will, however, be plenty of corrections, both shallow and sharp, that will provide buying opportunities within this uptrend. One such correction is in progress that can keep the Sensex in the range between 19,000 and 21,500 in the early part of 2011. Our preferred trajectory for the year ahead is that the index breaks above the upper boundary at 21,500 in the first half of the year to reach 22,846, 25,177 or 28,950. The Sensex can trade in a higher range with the lower boundary at 20,000 after it achieves either of the afore-mentioned targets.

If the Sensex turns tail and breaches 19,000, it will receive strong support between 18,000 and 18,500. The next halt for the index would be at 16,000. Our preferred range for the year is between 18,000 and 25,000. The upper limit is 28,950 and lower is 16,000.

THANKS TO BUSINESS LINE....

31st Dec-09 = 31st Dec-10

THE STOCKS IN F&O SEGMENT GROWTH.
The price are adjusted to Current Face value. (ZEE and Bajaj auto are exceptions-Business demerger)

31st Dec-09 = 31st Dec-10

The Rise and Fall of  F&O segment stocks. The worst is in ADAG stocks and the best is Motors. Except Zee, other areas adjusted to current FaceValue.

No high returns in 2011 but....

Expect 10-12% returns in 2011

Jitendra Kumar Gupta / Mumbai December 31, 2010, 0:24 IST

Focus will shift to midcaps/smallcaps and firms with lower leverage, believe analysts.

Premium valuations, global uncertainty and higher inflation will lead to moderate returns of 10-12 per cent in 2011 for the broader markets, say money managers.

Unlike the 80-plus per cent returns in 2009 and 17 per cent in 2010, investors will need, for the year ahead, to temper their expectations from the broader markets and focus more on mid-caps and small-caps, available at attractive valuations. Expensive valuations and uncertainty could lead to significant volatility, with the Sensex likely to swing between 16,000 and 23,000.
 

Outlook for the markets in 2011
Sensex to trade in range 16K-23K, First half could be more volatile  Broader markets expensively valued, focus to shift to mid and small caps Expect modest returns of about 10%
Events to watch out for
Euro zone issues, Chinese tightening , US economic recovery Surging crude oil prices, higher interest rates, inflation leading to possible earnings downgrades, Budget, government finances
Investing strategy
Invest in companies offering revenues and earnings visibility, and trading at lower valuations  Stick to companies not dependent on external borrowing and having manageable debt, Stock specific approach will pay better dividends Debt instruments a better bet than holding cash
Sectors to buy	Top picks
Mid-cap IT companies Banking, Infrastructure Capital Goods Textiles	Indian Hotels Coal India BHEL L&T Power Grid ICICI Bank Tulip Telecom Renuka Sugar
What to avoid
Telecom Real Estate FMCG

Euro, inflation key concerns,
Several factors, domestic and global, could lead to volatility. “Increasingly, global events will influence Indian equity markets. The problematic euro zone economies, uncertainty over the US economic recovery and an expected slowing in the Chinese economy are the biggest worries,” says Trideeb Pathak, senior director, equities, IDFC Mutual Fund. Experts cite North Korea as another flash point investors need to watch. Local concerns due to rising commodity prices, inflation and an expected rise in interest rates could lead to a jump in input cost and erode operating and net margins, especially of capital-intensive and interest rate-sensitive sectors.

Expect earnings’ downgrades
Analysts say there is a high probability of earnings’ downgrades. It could happen later next year, as the actual impact of inflation and interest rates starts kicking in. The recent rise in crude oil and metal prices could also have a ripple effect on companies and consumers, leading to pressure on demand. Estimated earnings of the Sensex for 2011-12, now Rs 1,240-1,250 per share, could come down. And, valuations which look reasonable could turn expensive.

Dilip Bhat, joint managing director of broking firm Prabhudas Lilladher believes measures taken to deal with the global (liquidity concerns due to Europe) and domestic issues (higher commodity prices) could easily clip off some points from India’s economic growth and temper earnings growth, leaving these vulnerable to downgrades.

Hotels, mid-cap IT, infra preferred 
The year was good for commodities, information technology, banking and auto, among other sectors. However, this year, money managers prefer some of the beaten-down sectors and those which exhibit good visibility. Also, sectors that generally participate in the second leg of the economic recovery, such as those in the services space, including hotels and tourism, and mid-cap IT companies, could prove good bets.

Infrastructure is another sector that analysts recommend, as most companies here are trading at 10-12 times next year’s earnings, despite strong visibility. Also, analysts expect a pick-up in new orders due to the rush to achieve the targets set for the XI Five-Year Plan, ending March 2012.

On the back of a pick-up in the industrial capex and government spending, the capital goods sector should do well in the year ahead. As the economy grows and the credit growth remains firm, banking, especially the private banks, are also expected to do well. Many also believe the textiles’ space (trading at eight times the estimated earnings for 2010-11) this year could be a better option to invest, as things are turning in favour of the companies, especially those with the domestic presence.

What to avoid
Telecom is among the leading contenders, due to regulatory uncertainty and heightened competition. Others such as real estate are in the list, given a rapid rise in real estate prices, interest rates and leveraged balance sheets. Fast moving consumer goods, which did well in the current rally, could deliver lower returns with the rises in input cost, and higher valuations, at 25 times the 2011-12 estimated earnings.

What should you do?
As the broader markets are expensive and expected to remain volatile, most money managers advise that you stick to high-quality stocks and avoid portfolio leveraging.

Analysts say a stock-specific approach will work in 2011, but investors should not simply chase returns at the cost of quality, which could be tested in the year 2011. The memories of several scams, which broke in the year 2010, are still fresh. With investigations on, investors need to do more due diligence before investing.

If the global uncertainties materialise, they could pose renewed concerns for our markets and lead to a steep correction. In the light of those risks, investors should look at companies which not only offer growth but also trade at reasonable valuations. “I would try to keep the price earnings ratio of the portfolio down to the extent possible,” says Manish Sonthalia, vice president and fund manager, Motilal Oswal AMC.

Money managers such as Trideeb Pathak of IDFC add that it’d be better to stick with companies which do not require much capex immediately and ones not dependent on external borrowings, as interest costs and the impact of global events could skew the picture.

With inputs from Ram Prasad Sahu

Thanks to Business Standard for providing this excellent article. 

I have different views and concerns on the economy of India and rest of the world. The article is good to make our opinion and be elaborately discussed all the possibilities and the concerns.

HAPPY NEW YEAR-2011

WISH YOU HAPPY AND PROSPEROUS NEW YEAR-2011.

THE NEW YEAR-2011 SHALL BRING HAPPINESS, SUCCESS AND WEALTH TO INVESTORS.

NSE HOLIDAYS-2011

1 26-Jan-11    Wednesday        Republic Day

2 02-Mar-11   Wednesday       Mahashivratri

3 12-Apr-11     Tuesday           Ram Navmi

4 14-Apr-11 Thursday              Dr. Ambedkar Jayanti

5 22-Apr-11 Friday                  Good Friday

6 15-Aug-11 Monday               Independence Day

7 31-Aug-11 Wednesday         Ramzan ID

8 01-Sep-11 Thursday             Ganesh Chaturthi 

9 06-Oct-11 Thursday             Dasara

10 26-Oct-11 Wednesday       Laxmi Puja*

11 27-Oct-11 Thursday           Diwali - Balipratipada

12 07-Nov-11 Monday           Bakri Id

13 10-Nov-11 Thursday          Gurunanak Jayanti

14 06-Dec-11 Tuesday            Moharum

The holidays falling on Saturday / Sunday are as follows: 

S No Date Day Description

1 01-Jan-11 Saturday New Year

2 20-Mar-11 Sunday Holi

3 16-Apr-11 Saturday Mahavir Jayanti

4 01-May-11 Sunday May Day

5 02-Oct-11 Sunday Gandhi Jayanti

6 25-Dec-11 Sunday Christmas

*Muhurat Trading will be conducted. 

CASH available...????

Govt makes 2010 record year for public floats BS Reporter / Mumbai December 25, 2010, 0:40 IST 59 firms launch IPOs in 2010 to raise a total of Rs 36,017 crore. With the government tapping the capital market at regular intervals, 2010 proved to be a record year in terms of money mobilised through initial public offers (IPOs) and follow-on offers (FPOs).The year saw Rs 67,595 crore being raised from the primary market, the highest ever in a calendar year. According to PRIME Database, 59 companies launched IPOs in 2010 to raise a total of Rs 36,017.4 crore, more than the earlier record of Rs 34,179.1 crore in 2007. The year saw 100 unlisted companies entering the capital market. Investment bankers said the mood was buoyant as a number of fundamentally good companies entered the market and there was enough demand from investors. “Investors are always ready to back good quality companies that are appropriately priced,” says A Murugappan, executive director, ICICI Securities. “If an issue is fundamentally driven and backed by a good story, there are enough takers. One needs to remember that investors are sensitive to valuations. I also expect India allocations (of foreign institutional investors) to go up in the coming year.” The year also saw India’s largest-ever IPO hit the market. Public sector heavyweight Coal India raised Rs 15,199.44 crore through a primary offering in October. In all, there were 14 issues (IPOs and FPOs) with a size of more than Rs 1,000 crore each. The year was also witness to the country’s first issue of Indian Depository Receipts, when Standard Chartered Plc entered the market with an issue of nearly Rs 2,500 crore. Between all the mega issues, there were 19 offerings with an issue size of less than Rs 100 crore. Gravita India, Sea TV Networks, Talwalkar Fitness, Technofab Engineering, Bedmutha Industries and Thangamayil Jewellery were among the smaller companies that listed on the bourses. FPO high While IPOs touched a new high, FPOs created a record too. The year saw eight FPOs collectively mopping up a record Rs 31,577.25 crore, nearly twice the earlier record. It is also more than the cumulative amount raised through FPOs in the previous five years. The earlier record was Rs 17,389.4 crore raised in 2004. Six government-owned companies and a couple of private entities launched their FPOs this year. The two largest FPOs during the year, of NTPC and REC, were also those that experimented with the auction mechanism approved by the market regulator early this year. In this system, an issuer has to announce only a floor price (instead of a price band) and institutional investors can bid at any price above this. Retail investors can bid at the floor price. THANKS TO BUSINESS-STANDARD ------------------------------------------------------------------------------------------ So long as the Govt. makes the IPO or FPO on regular basis, the markets likely to float above 5800 level.The major follow-up action at the high value profit generating stocks on block, the FII and the investors maintains the premium in the market. The only concern of the market players and the possible threat to the Govt is the SURVIVAL. The scams and rising of bare minimum food prices like Aloo and Onions and unveiling sugar price rise. The essential commodity price rise in BJP regime gave power to Congress and now it is likely that the developments are favouring the opposition.

THE POSITIVE SIGNS....

 THE POSITIVE NEWS IS THE HOPE TO THE BULLS AS THE ECONOMY IS DOING GOOD AND THE GOING ALSO GOOD........THE NIFTY 20% RISE FROM THESE LEVELS IS 7200+...EVERY THING NOW LOOKS ROSY AS WE ARE LOOKING THE POSITIVE SIDE.......????????

BSE Sensex seen rising 20 percent by end-2011 - poll

On Friday 24 December 2010, 11:44 PM

By Sumeet Chatterjee and Devidutta Tripathy

MUMBAI (Reuters) - The BSE Sensex is likely to rise nearly 20 percent by the end of next year, as a fast-growing economy and strong corporate earnings boost overseas portfolio inflows, a Reuters poll found.

The main 30-share Bombay Stock Exchange index will rise to 23,350 by end-2011 from close of 19,696.48 on December 8, according to the median response from 18 market participants, which include investment banks and brokerage firms.

The index in Asia's third-largest economy should rise 12 percent by mid-2011 to 22,000, the poll taken over the past week showed, higher than the 21,500 level seen in a September poll.

"The optimism on economic growth forecast, hopes of good earnings would continue to attract investors to India," said Neeraj Dewan, a director at brokerage Quantum Securities in New Delhi.

India, a member of the BRIC group of rapidly developing countries, is forecast to see economic growth of almost 9 percent in this fiscal year to March, with it accelerating further in following years, levels rivalled only by China.

Hopes of strong economic growth in India have led foreign funds to pump more than $29 billion into Indian equities so far in 2010, the highest ever, on top of the $17.5 billion purchased last year.

The overseas inflows have driven the main index almost 13 percent higher this year. Russia 's benchmark RTS index is up 11 percent this year, while Brazil is up about 1 percent and China is down 13 percent.

"They have poured in huge money this year. They might not match the same inflow next year, but a pullout is not likely," Quantum Securities Dewan said, referring to foreign institutional investors.

Analysts said that foreign investments in Indian shares were unlikely to be severely impacted by a string of corruption scandals that the government is currently mired in, though it could impact sentiment in the near term.

"The scandals will have a short-term sentiment impact and there will be greater scrutiny of corporate governance issues, but in the long run investors will focus on economy and company earnings," R.K. Gupta, fund manager at Taurus Mutual Fund, said.

Seven out of eight respondents in the poll said they did not think the current scandals would tarnish India's image as an investment destination.

PREMIUM VALUATION

Surging interest rates and global economic uncertainties as Europe struggles to contain its debt crisis are likely to be the main concerns for the Indian markets in the year ahead, analysts said.

The Mumbai stock index rose 81 percent in 2009 after the economy was spared the worst of the global economic downturn. It had posted its worst yearly loss in 2008, when it slumped by more than half.

The forecast for the BSE's Sensex index at the end of 2011 ranged from 17,500 to 26,600.

The index trades at 18.9 times forward earnings, higher than China's Shanghai Composite Index that trades at 15.4 times and Japan 's 16.9 percent.

(Additional reporting by Ami Shah; Polling by Bangalore Polling Unit; Editing by Jon Loades-Carter)

THANKS TO THE TEAM ......

Nifty Future Northwards...

Now the index trades at 18.9 times forward earnings, higher than China's Shanghai Composite Index that trades at 15.4 times and Japan 's 16.9 percent........If we considered the same logic Nifty at 5850, with 20% rise from this level make sense to see a high 7000-7100. But I have given a 5% down grade factor due to some or other unforeseen negative reasons. This view is supporting to my earlier prediction/projection of Nifty to 6780 level as an achievable target. The earning likely to rise more than 30% for big companies like automobiles, bank, FMCG, Pharma and metals may catch up.

The market for now in severe bear grip. The Nifty has to cross 5935 for sure as first step and stay above it. But the real strength will be achieved only when the Nifty crosses 5781 level in the next 3 trading sessions. The next level of fall likely to lead the Nifty to touch 5550 in case the Nifty fails to cross 6017-20 level.

The scam intensity is very serious as of now and the Govt is facing a serious challenge on corruption allegation and the markets are nervous on the out come. As of now there is a serious selling happened on Thursday but the recovery on Friday covered a bit by the positive IIP numbers. The sentiment is now favouring the bears and China supported them by tightening the liquidity. The Govt is also considering a tight monetary policy to curb inflation. The taming of inflation can offer relief to Bulls to build their portfolios for future rally.

=============================================

BSE Sensex seen rising 20 percent by end-2011 - POLL

 On Sunday 12 December 2010, 10:42 AM, By Sumeet Chatterjee and Devidutta Tripathy

MUMBAI (Reuters) - The BSE Sensex is likely to rise nearly 20 percent by the end of next year, as a fast-growing economy and strong corporate earnings boost overseas portfolio inflows, a Reuters poll found.

The main 30-share Bombay Stock Exchange index will rise to 23,350 by end-2011 from Wednesday's close of 19,696.48, according to the median response from 18 market participants, which include investment banks and brokerage firms.

The index in Asia's third-largest economy should rise 12 percent by mid-2011 to 22,000, the poll taken over the past week showed, higher than the 21,500 level seen in a September poll.

"The optimism on economic growth forecast, hopes of good earnings would continue to attract investors to India," said Neeraj Dewan, a director at brokerage Quantum Securities in New Delhi.

India, a member of the BRIC group of rapidly developing countries, is forecast to see economic growth of almost 9 percent in this fiscal year to March, with it accelerating further in following years, levels rivalled only by China.

Hopes of strong economic growth in India have led foreign funds to pump more than $29 billion into Indian equities so far in 2010, the highest ever, on top of the $17.5 billion purchased last year.

The overseas inflows have driven the main index almost 13 percent higher this year. Russia 's benchmark RTS index is up 11 percent this year, while Brazil is up about 1 percent and China is down 13 percent.

"They have poured in huge money this year. They might not match the same inflow next year, but a pullout is not likely," Quantum Securities Dewan said, referring to foreign institutional investors.

Analysts said that foreign investments in Indian shares were unlikely to be severely impacted by a string of corruption scandals that the government is currently mired in, though it could impact sentiment in the near term.

"The scandals will have a short-term sentiment impact and there will be greater scrutiny of corporate governance issues, but in the long run investors will focus on economy and company earnings," R.K. Gupta, fund manager at Taurus Mutual Fund, said.

Seven out of eight respondents in the poll said they did not think the current scandals would tarnish India's image as an investment destination.

PREMIUM VALUATION

Surging interest rates and global economic uncertainties as Europe struggles to contain its debt crisis are likely to be the main concerns for the Indian markets in the year ahead, analysts said.

The Mumbai stock index rose 81 percent in 2009 after the economy was spared the worst of the global economic downturn. It had posted its worst yearly loss in 2008, when it slumped by more than half.

The forecast for the BSE's Sensex index at the end of 2011 ranged from 17,500 to 26,600.

The index trades at 18.9 times forward earnings, higher than China's Shanghai Composite Index that trades at 15.4 times and Japan 's 16.9 percent.

(Additional reporting by Ami Shah; Polling by Bangalore Polling Unit; Editing by Jon Loades-Carter)....------Thanks to Reuters team and to to Yahoo finance for providing such a positive hope to Bulls.

The FIRST-TIME…

The story of First time goes like this…

My M.Sc. Psychology is the first exam I wrote with out preparing well, with a give up reason. It is the first exam I came out in the first half an hour. It is the first exam I am happy of not writing my exam well. For all this the answer is simple, I want FIRST class to get eligibility to my next level of Phd persuasion.

It takes little time, looks simple to dream but practically many hurdles and determinants to progress. Here on wards I am left with one option- have to focus, rededicate myself to my goals and plans of achievement. I have to first apply my study into practice – “Theory to Application” be it in the Psychology or in my hand on experience in Stock Market. I worked hard to know, I continued to study despite of repeated mistakes driven failures but accumulated and acquired lots of principles. The skill sets are worth to reap the benefits but the implicational use has become limited due to various reasons.

I can elicit different reasons why I didn’t write my Psychology exams but the examiner asked exactly what I should not to write the exam. The same rule is applicable to my Stock Market theory and my expertises are questioned by my position. I can debate and explain how it goes, workout and happen but the rewards are limited.

So the rule is simple- I have to integrate my various skills for a dedicated time bound application. I publicly announced that I will write some 3 to 5 books and my books should carry a name of Dr. NageswaraRao Bammidi having wide spread of multidimensional knowledge and experience….and so on. 

I developed a ROPE-Theory for Success - Result Oriented Planning and Execution. Nothing less than that is not acceptable. The practice shall start from today. 

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 3^rd 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".

--------------------------------------------------------------------

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.

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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