SENSEX AS ON 23.11.2010

look at charts attached. comments on chart.l

A Story of Appreciation - Must read

This is a powerful message in our modern society. We seemed to have lost our bearing & our sense of direction. One young academically excellent person went to apply for a managerial position in a big company. He passed the first interview, the director did the last interview, made the last decision. The director discovered from the CV that the youth's academic achievements were excellent all the way, from the secondary school until the postgraduate research, never had a year when he did not score. The director asked, "Did you obtain any scholarships in school?" the youth answered "none". The director asked, " Was it your father who paid for your school fees?" The youth answered, "My father passed away when I was one year old, it was my mother who paid for my school fees. The director asked, " Where did your mother work?" The youth answered, "My mother worked as clothes cleaner. The director requested the youth to show his hands. The youth showed a pair of hands that were smooth and perfect. The director asked, " Have you ever helped your mother wash the clothes before?" The youth answered, "Never, my mother always wanted me to study and read more books. Furthermore, my mother can wash clothes faster than me. The director said, "I have a request. When you go back today, go and clean your mother's hands, and then see me tomorrow morning.* The youth felt that his chance of landing the job was high. When he went back, he happily requested his mother to let him clean her hands. His mother felt strange, happy but with mixed feelings, she showed her hands to the kid. The youth cleaned his mother's hands slowly. His tear fell as he did that. It was the first time he noticed that his mother's hands were so wrinkled, and there were so many bruises in her hands. Some bruises were so painful that his mother shivered when they were cleaned with water. This was the first time the youth realized that it was this pair of hands that washed the clothes everyday to enable him to pay the school fee. The bruises in the mother's hands were the price that the mother had to pay for his graduation, academic excellence and his future. After finishing the cleaning of his mother hands, the youth quietly washed all the remaining clothes for his mother. That night, mother and son talked for a very long time. Next morning, the youth went to the director's office. The Director noticed the tears in the youth's eyes, asked: " Can you tell me what have you done and learned yesterday in your house?" The youth answered, " I cleaned my mother's hand, and also finished cleaning all the remaining clothes' The Director asked, " please tell me your feelings." The youth said, Number 1: I know now what is appreciation. Without my mother, I would not be successful me today. Number 2: by working together and helping my mother, only I now realize how difficult and tough it is to get something done. Number 3: I have come to appreciate the importance and value of family relationships. The director said, " This is what I am looking for to be my manager.  I want to recruit a person who can appreciate the help of others, a person who knows the sufferings of others to get things done, and a person who would not put money as his only goal in life. You are hired." Later on, this young person worked very hard, and received the respect of his subordinates. Every employee worked diligently and as a team. The company's performance improved tremendously. A child, who has been protected and habitually given whatever he wanted, would develop "entitlement mentality" and would always put himself first. He would be ignorant of his parent's efforts. When he starts work, he assumes that every person must listen to him, and when he becomes a manager, he would never know the sufferings of his employees and would always blame others. For this kind of people, who may be good academically, may be successful for a while, but eventually would not feel sense of achievement. He will grumble and be full of hatred and fight for more. If we are this kind of protective parents, are we really showing love or are we destroying the kid instead?* You can let your kid live in a big house, eat a good meal, learn piano, watch a big screen TV. But when you are cutting grass, scrubbing or cleaning the floor, running errands,  please let them experience it. After a meal, let them wash their plates and bowls together with their brothers and sisters. It is not because you do not have money to hire a maid, but it is because you want to love them in a right way. You want them to understand, no matter how rich their parents are, one day their hair will grow gray, same as the mother of that young person. The most important thing is your kid learns how to appreciate the effort and experience the difficulty and learns the ability to work with others to get things done.

 

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TRENDLINES GIVING SUPPORT & RESISTANCE

LOOK AT CHART . TREND LINES GIVING SUPPORT AND RESISTANCES ARE SHOWN.WE H AVE CLOSED BELOW 50 DMA FOR 

LAST 2 DYS.ON INTRADAY BASIS WE BROKE SUPPORT ZONE OF 19700/800 ZONE BUT ON CLOSING BASIS IT IS STILL 

INTACT.

 

MARKET

after making top of 20855 we saw correction up to 19769 and started moving up again and made new top at 21109.

19700/19800 has been a strong sup in sep and oct month.after making top at 21109 and making a new closing all time high 

market is correcting. watch 19700/19800 zone. break of same may bring more pain. next strong support zone may come at 

apprx 19200 on trend line connecting prev bottoms of 15960  and 17820.cross over of 20500 may give first indication of end of 

ongoing correction.

HPCL AS ON 15.11.2010

LOOK AT CHART ATTACHED.

COMMENTS ON CHART

***********************************

update as 1.12.10

hpcl has corrected alongwith market, has reached to a crucial sup zone, those holding can average here

HAPPY DIWALI

Dear All,

May this Diwali Light up 

new dreams, fresh hopes, 

undiscovered avenues, 

different perspectives, 

everything bright 

& beautiful and 

fill all your 

days with 

pleasant surprises 

and moments.

Wish you all 

a very very happy &

 colorful Deepavali.