Friday, July 2, 2010

BUY NTPC ABOVE 203

BUY NTPC ABOVE 203.

STOP LOSS BELOW 196 ON CLOSING BASIS.


Wednesday, June 30, 2010

SUPPORT AND RESISTANCE TRENDLINES/ UPDATE - 1


LOOK AT SELF EXPLANATORY CHARTS .

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UPDATE AS ON 30.6.2010

MARKET OPENED WEAK ON GLOBAL WEAKNESS. WE HAVE TESTED TODAY 17400 ZONE AND BOUNCED FROM THERE.AS ON TODAY WE HAVE MAINTAINED SUPPORT GIVING TREND LINE.NOW IT IS TO BE SEEN IN COMING DAYS CAN WE BREAK RESISTANCE GIVING TREND LINE ON HIGHER SIDE OR NOT?

ON CROSSING 17850/17920 ZONE WE MAY SEE LEVELS OF 18300. ANY CLOSE BELOW 17400 ZONE MAY INVITE SELL OFF.





Tuesday, June 29, 2010

Monday, June 28, 2010

BUY NHPC CMP 29.2

BUY NHPC FOR MEDIUM TO LONG TERM INVESTMENT

CMP 29.2

STOP LOSS ON CLOSING BASIS BELOW 27.5

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CHEERS !

ELEPHANT HAS RUN!

30 TODAY ITSELF !

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CHEERS!

32..........



Friday, June 25, 2010

COMPARISION OF SENSEX AND SMALL CAP INDEX

INTERESTING CHART AS ON 24.6.10 SHOWING COMPARISION OF MOVEMENTS OF SENSEX AND SMALL CAP INDEX.

IT SHOWS UNDERPERFORMANCE OF SMALL CAP WHEN BOTTOM WAS FORMED AND NOW IT HAS ALMOST MATCHED

WITH SENSEX . COMING 2/3 WEEKS TIME MAY BE USED FOR PROFIT BOOKING. NET EXPOSURE SHOULD BE REDUCED.

Thursday, June 24, 2010

ONE BED ROOM FLAT

A MESSAGE FROM BLOG OF ILANGOJI 


ONE BEDROOM FLAT... 




WRITTEN BY AN INDIAN SOFTWARE ENGINEER..

Bitter Reality 

As the dream of most parents I had acquired a degree in 
Software Engineering and joined a company based in USA, the 
land of braves and opportunity. When I arrived in the USA, it 
was as if a dream had come true. 


Here at last I was in the place where I want to be. I decided I 
would be staying in this country for about Five years in which 
time I would have earned enough money to settle down in India.

My father was a government employee and after his retirement, 
the only asset he could acquire was a decent one bedroom flat. 


I wanted to do some thing more than him. I started feeling 
homesick and lonely as the time passed. I used to call home and
speak to my parents every week using cheap international phone 
cards. Two years passed, two years of Burgers at McDonald's and 
pizzas and discos and 2 years watching the foreign exchange 
rate getting happy whenever the Rupee value went down. 

Finally I decided to get married. Told my parents that I have 
only 10 days of holidays and everything must be done within 
these 10 days. I got my ticket booked in the cheapest flight. 
Was jubilant and was actually enjoying hopping for gifts for 
all my friends back home. If I miss anyone then there will be 
talks. After reaching home I spent home one week going through 
all the photographs of girls and as the time was getting 
shorter I was forced to select one candidate. 


In-laws told me, to my surprise, that I would have to get 
married in 2-3 days, as I will not get anymore holidays. After 
the marriage, it was time to return to USA, after giving some 
money to my parents and telling the neighbors to look after 
them, we returned to USA. 


My wife enjoyed this country for about two months and then she 
started feeling lonely. The frequency of calling India
increased to twice in a week sometimes 3 times a week. Our 
savings started diminishing. 

After two more years we started to 
have kids. Two lovely kids, a boy and a girl, were gifted to us 
by the almighty. Every time I spoke to my parents, they asked 
me to come to Indiaso that they can see their grand-children. 


Every year I decide to go to India… But part work part 
monetary conditions prevented it. Years went by and visiting 
Indiawas a distant dream. Then suddenly one day I got a 
message that my parents were seriously sick. I tried but I 
couldn't get any holidays and thus could not go to India ... The 
next message I got was my parents had passed away and as there 
was no one to do the last rights the society members had done 
whatever they could. I was depressed. My parents had passed 
away without seeing their grand children. 

After couple more years passed away, much to my children's 
dislike and my wife's joy we returned to Indiato settle down. 
I started to look for a suitable property, but to my dismay my 
savings were short and the property prices had gone up during 
all these years. I had to return to the USA... 


My wife refused to come back with me and my children refused to 
stay in India... My 2 children and I returned to USAafter 
promising my wife I would be back for good after two years. 

Time passed by, my daughter decided to get married to an 
American and my son was happy living in USA... I decided that 
had enough and wound-up every thing and returned to India... I
had just enough money to buy a decent 02 bedroom flat in a 
well-developed locality. 


Now I am 60 years old and the only time I go out of the flat is 
for the routine visit to the nearby temple. My faithful wife 
has also left me and gone to the holy abode. 

Sometimes 

I wondered was it worth all this? 

My father, even after staying in India, 

Had a house to his name and I too have 
the same nothing more. 

I lost my parents and children for just ONE EXTRA BEDROOM. 

Looking out from the window I see a lot of children dancing. 
This damned cable TV has spoiled our new generation and these
children are losing their values and culture because of it. I 
get occasional cards from my children asking I am alright. Well 
at least they remember me. 


Now perhaps after I die it will be the neighbors again who will 
be performing my last rights, God Bless them. 

But the question 
still 
remains 'was all this worth it?' 

I am still searching for an answer...... ......... ..!!!

START THINKING 

IS IT JUST FOR ONE EXTRA BEDROOM???

LIFE IS BEYOND THIS …..DON'T JUST LEAVE YOUR LIFE ……..
START LIVING IT ……. 
LIVE IT AS YOU WANT IT TO BE …….



BUY DCW ABOVE 18 FOR SHORT TERM INVESTMENT

BUY DCW ( CMP 17.5 ) ABOVE 18.

STOP LOSS BELOW 15.5 ON CLOSING BASIS.

STOCK HAS CORRECTED BY 50 % OF LAST RISE FROM 6.06 TO 24.9 AND RECENT TOP MADE IS AT 18.

ON CROSSING 18 STOCK WILL SHOW MOMENTUM.

--
Concentrate all your thoughts upon the work at hand. The sun`s rays do not burn until brought to a focus.



- Alexander Graham Bell  


Wednesday, June 23, 2010

BUY EXCEL INFO CMP 43

BUY EXCEL INFO ABOVE 43 WITH STOP LOSS BELOW 41 FOR MEDIUM TERM INVESTMENT
*********************

47.5

cheers!

Friday, June 18, 2010

MARKET AT 80% RETRACE MENT LEVEL / UPDATE 1

WE HAVE REACHED TO 80% RETRACEMENT OF FALL FROM 18048 TO 15960.DECISIVE CROSS OVER OF SAME WILL HELP 

TO MOVE TOWARDS 18K+ LEVELS.A CHART IS ATTCHED  WHICH IS TAKEN FROM VFMDIRECT.COM  TO UNDERSTAND 

FURTHER MOVES.

LOOK AT LINK FROM ILANGOJI'S BLOG TO UNDERSTAND WAVE COUNTS


CONSOLIDATION MAY BE SEEN.

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updation 1 as on 18.6.10

STOP LOSS FOR LONG POSITIONS AT  17150 / 5150




Thursday, June 17, 2010

MARKET AT 80% RETRACE MENT LEVEL

WE HAVE REACHED TO 80% RETRACEMENT OF FALL FROM 18048 TO 15960.DECISIVE CROSS OVER OF SAME WILL HELP 

TO MOVE TOWARDS 18K+ LEVELS.A CHART IS ATTCHED  WHICH IS TAKEN FROM VFMDIRECT.COM  TO UNDERSTAND 

FURTHER MOVES.

LOOK AT LINK FROM ILANGOJI'S BLOG TO UNDERSTAND WAVE COUNTS


CONSOLIDATION MAY BE SEEN.