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11 Nov 2008 06:04

2
Dear Rittu ji,

Good Morning

Let me sum up your lovely message in a couple of lines.

We are wrong if we say

`If you Trust in God ,you would get only good`

The right one is

`If you Trust in God,WHATEVER you get are Good only`

Keep them coming

Regards

11 Nov 2008 01:50

Dear Retrobroker,

We will not be able to see 3300 in this rally, we might touch 3250 on 11-Nov, Retesting the pctober lows is very much a possible option for nifty.

11 Nov 2008 13:23

Yes sir, it is still there coming in the front page. But those days irrepective of the subject all the messages used to appear. Now mainly messages pertaining to stocks are given some preference and naturally so also.And all the messages used to come together in the message pages instead of the present stock Messages only. Anyway changes have to take place as they are the life of the Board and let changes come again to the board for the benefit of the boarders.
We have lost many good boarders - named by the moderator are few of them - on the way whatever may be the reason. I also feel many left getting disgusted - of late - because of the behaviour of some fellow boarders who sometimes use languages which are not digestable for those who behave more gentlemanly.
During the initial stages this board was more clean and without any prejudice messages were put in the genuine interest of the people concerned. All topics used to get attention and I think the policies of the Governemnt was always a matter of discussion on this board. IPOs like Maruthi etc were being discussd in detail, I remember and also the subject matter like that of of cable tv set up etc. The most appreciated thing in those days were there was not much infighting between the baorders and the language used by the boarders were very cordial and very polite though there used to be some hot debateds on the subjects. Any way I am happy that the message board reached this stage and still going strong and hope and foresee a very great future also.
I think I posted my first message in this board in March/April, 2003. I also think there was no provision for nickname - or it was not so important - as many used to give only their actual name and my nickname with a number attached to my name was awarded to me by the then Moderator, may be I hope the present moderator only. Of couse, I learned a lot from this board and still learning and from many of the learned and experienced boarders, not only regarding stock market, but also on many things in life. Hope to see more on this message board in future. While walkng on the road you may come across some stray incidents from stray creatures which you may not like. Not to take care of that.Thank you.

12 Nov 2008 08:12

Folks,

Yes the ELDER RAY, the MACD histo have all ticked down and favor the bears for both Nifty and DOW although the ADX is not that bad for our Nifty. The TRIN for our Nifty is oversold at greater than 1 and in keeping with the fall

BUT

The TRIN for NYSE (am i mistaken, have i got it wrong) is 0.02... THATS THE HEIGHT OF OVERBOUGHT. They bought royally during the fall. This is a very bullish divergence between the market falling and the NYSE TRIN being overbought. So should we ignore the indicators considering they always follow closing prices?? I guess so, in view of this bullish divergence I would at once close all my shorts and go long. Our FNO data too suggests that there were no shorts ystday instead the shorts covered and the longs unwound which means GET READY TO GO LONG as per Alexander Elder.

If you look at the Open Interest data of most stocks in FNO you will notice a loss in OI and a decline. When does the OI fall? When longs unwind and shorts cover? Since we fell ystday the shorts must have covered when the longs unwound. So when shorters cover **expect** the markets to rise is what alex states in his book.

I wouldnt be short now.

This is just a view. I have gone wrong several times.

11 Nov 2008 05:56

Farewell, Dada, India will miss you

The present age cricket lovers may look at him as a legend. Sourav Ganguly, spent a lifetime in achieving that status, transforming the attitude of the Indians towards the game.

He created a bunch of self-believers which set about to tame the cricket world. Befittingly, his journey has ended on a glowing note, with a series win at home against world champion Australia.

Colourful career


Ganguly’s was a most colourful career. When he walked into the Eden Gardens as a teenager, his influential father was credited with the selection, though he had won his place on merit.

When he was picked for India, it was said the ‘quota’ system worked in his favour. The critics did not realise that he had earned his place again on merit.

He shut them up with a century on Test debut at Lord’s in 1996. A fascinating career was launched at the home of cricket and Ganguly’s love with the game blossomed as he took gigantic strides, culminating in 7212 Test runs (16 centuries and an average of 42.17) and 11363 in ODIs (22 centuries, average of 41.02).

He tormented bowlers with his languid style, scaled new peaks and set new benchmarks. He was destiny’s gift to Indian cricket.

Mental toughness


His mental toughness and self-belief were two qualities unknown to a bunch of cricketers who more often than not had come to depend on one man — Sachin Tendulkar — to deliver. Ganguly changed that mindset!

Praise will be heaped on him now as he, most grudgingly, walks away from the Indian dressing room.

But he has grieved in silence. Umpires, match referees, not to forget the opponents, have had their share of tiffs with Ganguly, who, at best, had only been the front man for the team.

Never the one to shirk responsibility, he smilingly accepted the blame for debacles, shared the credit in triumphs and won a legion of fans — the most loyal of them being within the team.

“He taught us to win overseas,” said V.V.S. Laxman.

Players’ captain


He was rightly known as India’s only players’ captain.

And he was a shining exception to the parochialism factor that has dogged most India captains.

His torso baring T-shirt-swinging act at Lord’s was a reflection of times, a strong statement of a young India that believed in aggression.

When he kept Steve Waugh waiting for the toss he was only carrying out a planned tactic. He beat the Aussies at their own game — aggression, sledging and playing cricket the hard way.

He was most passionate about the game, but Ganguly had his shortcomings too. If he did not appreciate a player, he would not lose time in ‘exposing’ him.

His dislike for left-arm spinners was well-known too. Confirmation can be had from Sunil Joshi, Murali Kartik, Nilesh Kulkarni, Venkatapathy Raju and Rahul Sanghvi.

Remarkable comeback


Dropped in January 2006 for non-cricketing reasons, Ganguly played some amazing cricket in his second phase nine months and seven Tests later, hitting four centuries, including his maiden double hundred (239 against Pakistan).

He played domestic cricket at nondescript venues to stay focussed and his comeback was a saga worthy of the man. In the process, he won a ‘personal’ battle against Greg Chappell, the Aussie who spat such venom through an e-mail to the BCCI. “That e-mail changed my life” Ganguly was to confess.

“Fed up” with repeated humiliations, Ganguly chose a graceful exit. He wants to look after his cricket academy which has a team of 30 coaches and devote time to family. Perhaps “drive Sana (daughter) to school,” as he puts it.

He was a bowler’s nightmare but a delight for the spectators. Ganguly has been the most successful Indian captain thus far (21-13 win-loss record in 49 Tests; he had just three losses at home) and a legend in contemporary cricket.

Indian cricket will miss the character that Ganguly was

THE HINDU

17 Nov 2008 10:53

Hi vkk43,

We noticed that you were deleting perfectly good messages of TrueCompanion, and chief_kamani... please clarify why this was done.. and these messages have been restored..

-MMB Moderator

11 Nov 2008 10:16

Dear Boarders,Do let us know your views and opinions on the poll.-MMB Messenger

11 Nov 2008 11:33

Will RPL go down......

Reliance Petro

Posted by : gkp378
Price when posted : BSE: Rs 84.75 ( -4.18 % ), NSE: Rs. 84.70 ( -4.29 % )
View full thread (52 messages)

Tracked by: 0 Boarder

RPL production may start after starting new financial year to get full benefits of tax exemptions, as it is under SEZ. if they see good refinery margins this year they could start,but there is no such news. Atleast they can enjoy tax relaxations.......

11 Nov 2008 13:27

Suzzlon new trading range could be 30-45....

Suzlon Energy

Posted by : sambala
Price when posted : BSE: Rs 63.90 ( -7.32 % ), NSE: Rs. 63.70 ( -7.48 % )
View full thread (51 messages)

Tracked by: 4 Boarder

Suzlon down 5% on SEBI orders in IPO scam

MUMBAI: Wind energy major Suzlon Energy extended losses on Tuesday after the market regulator issued orders in its IPO scam, following downturn in the Asian markets.

At 10:50 am, Suzlon shares were down 5 per cent at Rs 65.5 after hitting a low of Rs 64.25 in the early session.

According to technical analysts, Suzlon could witness further correction if it breaks the barrier of Rs 63. Earlier, the bottom line for the share was adjusted at Rs 66, which it had broken this morning.

Industrial analysts were of the view that Suzlon Energy would be under pressure as there is a rising risk to its wind energy business.

SEBI has directed Himani Patel to surrender unlawful gain of Rs 33.52 lakh and interest thereon at the rate of 10 per cent from the date of listing (Oct 19, 2005) of the Suzlon IPO till the date of actual payment



14 Nov 2008 11:49

Reliance may not see four digit mark again

Reliance

Posted by : marketman
Price when posted : BSE: Rs 1110.45 ( -4.45 % ), NSE: Rs. 1112.00 ( -4.32 % )
View full thread (48 messages)

Tracked by: 0 Boarder

The scrip of reliance may hardly stay there in four digit mark for few more sessions only....

The retail fresh out lets are said to be running in losses.... gold shops flopped,consumer marts facing poor sales figures.... health stores not encouraging.... shoemarts are becoming empty.... kgbasin extractions are expensive than imports.... refining margins are poor.... polymer business under pressure.... fiis reducing the exposure.... market is still in bearish mode.... domestic investors not having enough cash to buy such high priced stocks....

12 Nov 2008 12:40

A wild speculation

Teledata Info

Posted by : bababull
Price when posted : BSE: Rs 6.60 ( 0.61 % ), NSE: Rs. 6.50 ( -0.76 % )
View full thread (47 messages)

Tracked by: 0 Boarder

interest cost was reduced by 20 cr in prev Qtr because 800 cr debt for esys was removed from teledata books and maybe transferred to ttsl books. esys also transferred to ttsl. vikas becomes ttsl ceo. ttsl issues shares to teledata so td`s stake in ttsl increased from 41 % to more than 50 %. esys results consolidates in ttsl. ttsl results now consolidates in teledata and poor teledata investors dont remain poor.
well, a wild speculation most probably wont come true.

12 Nov 2008 15:57

Tele Data may be suspended from exchange

Teledata Info

Posted by : marketbear
Price when posted : BSE: Rs 6.41 ( -2.29 % ), NSE: Rs. 6.50 ( -0.76 % )
View full thread (47 messages)

Tracked by: 0 Boarder

Tele Data may be suspended from the exchange because of insider trading happening in the stock. People are just getting mislead by the trading pattern in the stock. No fundamentals and technicals apply for such junk stock. People are adviced not to fall in love in this stock as there are so many better stocks available in the market. Teledata can be suspended from the exchanges as company always gives misleading results and they remain just paper results. They may be claiming fake exemptions from income tax and thus been able to window dress their results. Once these exemptions (if they are claiming) are withdrawn, it will start posting losses on paper. Just for the information of sincere small investors, Tele Data Informatics is just a paper company and it has nothing to do Tele/Data/Information. Do not watch the PE multiple which was in the same catagory couple of years ago as stock was quoting below 2-3 PE multiples at that time. Thus investors are adviced to stay away from this stock and should not get trapped in such junk and paper company and burn fingures. If you are realy want to invest then invest in the company having visibility in the earnings. If you want to buy 1000 Tele Data then better to buy 5 Infosys stock. Strictly avoid Tele Data like Stocks. Tele Data is not only the stock of these catagory. Few examples are which investors should avoid

Alka Spinners
Peacock Industries
Millenium Cybertec
Silverline
Pentasoft
Pentamedia
Stocknet International
There are many examples. We are compiling the list of these stocks and soon post the list on the board.

11 Nov 2008 13:37

Unitec near term range 30-45....

Unitech

Posted by : marketman
Price when posted : BSE: Rs 52.10 ( -7.62 % ), NSE: Rs. 52.05 ( -7.96 % )
View full thread (42 messages)

Tracked by: 0 Boarder

Small investors can do trading in the said range....

14 Nov 2008 14:17

Stay away from Reliance Industries: Sukhani

Reliance

Posted by : MMB Messenger
Price when posted : BSE: Rs 1139.70 ( -1.93 % ), NSE: Rs. 1150.50 ( -1.01 % )
View full thread (41 messages)

Tracked by: 1 Boarder

Technical Analyst, Sudarshan Sukhani is of the opinion that traders should stay away from Reliance Industries.

17 Nov 2008 12:48

BUY ICICI BANK

ICICI Bank

Posted by : mukut
Price when posted : BSE: Rs 370.25 ( -6.49 % ), NSE: Rs. 371.00 ( -6.29 % )
View full thread (38 messages)

Tracked by: 0 Boarder

Intraday BUY NOW ICICI BANK for the target 385-387

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