NIFTY SPOT TECHNICAL CHART

(Click on the chart for bigger view)Nifty spot closed at 4713 with heavy profit booking and all short term long positions winding up as short Christmas vacation is coming up. As indicated a chart of nifty daily from mid 2009, we can see volatility of nifty index. In 2011,...

Excerpts of Letter of Warren Buffett to Shareholders, year 1978

Excerpts from Warren Buffett’s Letter to Shareholders for year 1978 ....We make no attempt to predict how security markets  will behave; successfully forecasting short term stock price movements is something we think neither we nor anyone else can do.  In the longer run, however, we feel that many of our major equity holdings are going to be worth considerably more money than we paid… …Slow capital turnover, coupled with low profit margins...

Excerpts of Letter of Warren Buffett to Shareholders, year 1977

Excerpts/Key Learnings from Warren Buffett’s Letter to Shareholders for year 1977:The excerpts are taken from the letter and not changed with words or sentences. References are given as and wherever necessary. …After all, even a totally dormant savings account will produce steadily rising interest earnings each year because of compounding.      …Except for special cases (for example, companies with unusual debt-equity ratios...

Fake Exports Scam?: Black Money coming back to India by exports-over-invoicing with help of government

In a report dated 10 Oct 2011, Sanjeev Prasad, Sunita Baldawa and Amit Kumar of Kotak, unearthed the possible export-scam amounting to even more than combined 2G, mines and all other scams.The report said that in between 2008-09 and 2010-11, exports to the Bahamas jumped to $2.2 billion from $2.2 million. Yet, India’s share in Bahamas’ imports, which totalled $2.8 billion in 2010, is a relatively minor 7.5 percent. Thus, this 1000 fold in 2...

Indians’ per capita income rises 2.5 times in a decade

From year 2001-02’s Rs.18450, the per capita income of average investor risen to Rs.54000 in 2010-11. The per capital income calculated at current prices registered an annual average growth rate of about 12.80% during this time period...

NIFTY SPOT TREND LINE CHART

NIFTY SPOT INDEX: (click on the chart for larger view)The NSE Nifty spot closed at 5050 up by 2.29% on weekend. Nifty spotstood above 21 and 34 day EMA but didn't cross 100 and 200 day EMA whichdoesn't show buying opportunity. Short term long position takers should becautious for next week, because of having some negative diversion in stochasticon daily basis. There are various resistances like 5089/5129/5163 with supportslike 5005/4981/4939.--...

BSE Derivatives Segment records largest ever turnover: Sensex futures shine

It looks like the incentive scheme is ultimately working at least as of now. Last week on 3rd Novembar 2011, the derivatives segment of BSE recorded largest ever turnover of 759.24 crore (about 1520 crore both sides). The sensex futures turnover was Rs.625 crore, highest ever since launch of the vastly tracked Indian index.Total 128 members put trades in derivatives segment. It is noticeable that since last few days, the turnover of BSE derivatives...

Daily Market Wrap

On the last day of trading this week, the markets closed with moderate gains today and barring oil & gas, all sectoral indices closed positive. The CNX Midcap index was up 0.9% and the BSE Smallcap index gained 0.3%. The market breadth was positive with advances at 817 against declines of 606 on the NSE. Metals was top rising sector today. Other sectors with substantial gains included capital goods and banking and oil & gas was the only sector that closed negative. The Sensex closed at 17563, up 81 points from its previous...

Daily Market Wrap

Today markets witnessed a volatile day comprising movements of both up and downs where market risen into green then again falling back before ultimately giving close in the green. The BSE-30 Sensex index and NSE-50 Nifty index closed day green about 0.10% gain at 17484.93 and 5265.75 respectively, while the nifty future (largest trading instrument after nifty options) closed day with 0.56% at 5309.90 showing a huge premium of 44.15, indicating increased and sustained bullish undertone in the futures contract. Nifty future was trading in tight range...

Renowned Economist Nauriel Roubini warns Lehman-type scenario out of European debt crisis

Eminent international economist NAURIEL ROUBINI who has so far been most accurate economic forecaster than most of others, has recently warned on 2008-Lehman-type credit crisis scenario and slowing-trend in growth of world’s major developed economies as well as China’s. He also warned of Euro currency falling apart and Greece to be the first amongst those leaving eurozone monetary union.On China, he said there is going to be hard-lending and following...

KOTAK MAHINDRA BANK CHART

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The state of the markets: Contemplating similarity and difference between 2008 and 2011 market corrections and the possible road ahead

The state of the markets: Contemplating similarity and difference between 2008 and 2011 market corrections and the possible road ahead. After seeing sell off in the initlal 4 days of the current October derivatives expiry to low of 4741; nifty index has been steadily showing upward trend resulting in a high of 5402.75 on the second day (28th oct and start of nov expiry) of diwali muhurt trading day. We had seen a sell off to 4720 level from above...

Brief Detail of our ADVISORY PRODUCTS FOR INVESTORS

DETAIL OF SERVICES FOR INVESTORS: SR. SERVICE FEATURES & SPECIFICATIONS FEE/CHARGES 1 ACTIVE STOCK PORTFOLIO ADVICE -6 different stock portfolios mainly based on time-duration.-Advice of updating given actively.-See details. Different for different duration (see table) 2. STANDARD PORTFOLIO ADVICE -Ready-to-invest, non-updated different stock portfolios.-See/Check out which standard portfolios are available.-Time-duration , return, theme etc different for different portfolios.-No updates given....

Brief Detail of our ADVISORY PRODUCTS FOR TRADERS

           BRIEF DETAIL OF SERVICES FOR TRADERS: (Click on the links for more detail of products) SERVICE FEATURES & SPECIFICATIONS FEE/CHARGES 1 Intraday stock cash calls (hotcalls) 2 to 4 intraday calls daily. 3-6 btst calls in a week. Rs.2500 monthly 2 Stock Future calls Intraday stock future calls 2-3 intraday calls daily. 4-8 btst/stbt calls in a week. Rs.8000 Stock future Assured Profit Scheme Mainly positional but...