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Suggestions to Nagu

Posted by : togu

Dear Nagu75 - excuse my changing the topic as i do not know other method of sending a message to you directly - started paper trading of your strategy with december series - yesterday when nifty was near 5110 i shorted 5100ca at 155, 5200ca at 106, 5300ca at 69 and 5100pe at 129, 5000pe at 90 and 4900pe at 65 - total premium gained Rs 30700 and margin kept with broker Rs 132000 - TODAY with nifty at 5005 i closed 5300ca at 37.45 and 5100pe at 213.10 and shorted 5000ca at 142 and 4800pe at 91.9 = NOW i have total premium of Rs 29867.50 and margin amount remains the same i.e Rs 132000 - Kindly advice if i am on the right track - Respectfully Togu

Suggestions to Nagu

Posted by : nagu75

Dear googol sir

Thanks for the information. I enquired about the RK Global, but the response is not positive.

nagu

Tech-No-Logic

Posted by : Menaka D

Congrats Moneycontrol. com on 10 glorious years. I don't know why Vidya (for those of you who don't know, she's the head honcho at MC) asked me to write this column. I know very little about technology, the internet, fancy gizmos and I know nothing of the newest rage - the facebook and twitter rage.

Now, before you laugh and call me names (if you must, I prefer 'non-geek' or 'tech un-savvy') please remember that I belong to a generation of journalists who grew up in a non-Google world. Imagine that! A non-Google world! In my youth, email was a luxury, search engines non-existent (at least in the TV18 office then) and Google, a funny sounding word.

We did our research the good ol’ fashioned way. Called companies, faxed requests and met managements one-on-one to get information. Cameras were bulky, tapes the size of law books and technology all analog. Satellite time was expensive and limited and it was impossible to feed stories between cities, forget countries.

Life was slow, not very efficient and yet we were happy. Stories were painstakingly crafted, each line pondered over, each shot carefully selected. Quantity never ranked above quality. Today's world is a study in contrast. Everything is nano, super-fast, super-efficient, super-assembly-line. More is good, whether or not that more is truly good. More stories pieced together in less minutes, more shows, and more television channels. More internet connectivity, more online, more friends in the virtual world than in the real one. More chatter, less meaningful conversation. More information, less knowledge. More quantity, less quality.

Now don't get me wrong. Of course, I'm grateful for Google. And email. And my blackberry. And my pre-3G iphone. But I'm not sure any of this has made me a better journalist or a better person. The trouble with technology today is that it's become less medium and more message - No longer the journey but instead the destination.

My colleague Anuradha just started tweeting. She sits about 15 feet away from me at work. If I follow her on twitter, I could go days without talking to her and yet know what she's up to. That's strange living!

I spend more time on my blackberry than with my mother. My phone rings through the day, I often eat lunch while emailing and the commute to work is spent typing away on the laptop. Roads look familiar but I often don't know where I am because I rarely look out of the car window anymore (who has time to gaze!). This year Diwali greetings were conveyed efficiently via email, I've become too lazy to call even friends. And to think technology was meant to bridge distances, close the gap. Like the title of this piece suggests, this method has only madness. Think for a moment about what would happen if all those millions of people on facebook woke up one day to find some bug had deleted all their 'friends' lists. Would they have no friends?

PS: I wrote this piece at 5am on my blackberry. Sleep deprived but tempted to finish as much work as I could. Had to submit this piece or else Vidya would have given me an old-fashioned earful in person the next time she was in my hood. Or a cold stare. Can't delete either without reading, like I would do to an undesirable email. If only she was more the facebook kind! Then you wouldn't have had to suffer this column.

Menaka Doshi,Corporate Editor of CNBC-TV18.

Tech-No-Logic

Posted by : Menaka D

Congrats Moneycontrol. com on 10 glorious years. I don't know why Vidya (for those of you who don't know, she's the head honcho at MC) asked me to write this column. I know very little about technology, the internet, fancy gizmos and I know nothing of the newest rage - the facebook and twitter rage.

Now, before you laugh and call me names (if you must, I prefer 'non-geek' or 'tech un-savvy') please remember that I belong to a generation of journalists who grew up in a non-Google world. Imagine that! A non-Google world! In my youth, email was a luxury, search engines non-existent (at least in the TV18 office then) and Google, a funny sounding word.

We did our research the good ol’ fashioned way. Called companies, faxed requests and met managements one-on-one to get information. Cameras were bulky, tapes the size of law books and technology all analog. Satellite time was expensive and limited and it was impossible to feed stories between cities, forget countries.

Life was slow, not very efficient and yet we were happy. Stories were painstakingly crafted, each line pondered over, each shot carefully selected. Quantity never ranked above quality. Today's world is a study in contrast. Everything is nano, super-fast, super-efficient, super-assembly-line. More is good, whether or not that more is truly good. More stories pieced together in less minutes, more shows, and more television channels. More internet connectivity, more online, more friends in the virtual world than in the real one. More chatter, less meaningful conversation. More information, less knowledge. More quantity, less quality.

Now don't get me wrong. Of course, I'm grateful for Google. And email. And my blackberry. And my pre-3G iphone. But I'm not sure any of this has made me a better journalist or a better person. The trouble with technology today is that it's become less medium and more message - No longer the journey but instead the destination.

My colleague Anuradha just started tweeting. She sits about 15 feet away from me at work. If I follow her on twitter, I could go days without talking to her and yet know what she's up to. That's strange living!

I spend more time on my blackberry than with my mother. My phone rings through the day, I often eat lunch while emailing and the commute to work is spent typing away on the laptop. Roads look familiar but I often don't know where I am because I rarely look out of the car window anymore (who has time to gaze!). This year Diwali greetings were conveyed efficiently via email, I've become too lazy to call even friends. And to think technology was meant to bridge distances, close the gap. Like the title of this piece suggests, this method has only madness. Think for a moment about what would happen if all those millions of people on facebook woke up one day to find some bug had deleted all their 'friends' lists. Would they have no friends?

PS: I wrote this piece at 5am on my blackberry. Sleep deprived but tempted to finish as much work as I could. Had to submit this piece or else Vidya would have given me an old-fashioned earful in person the next time she was in my hood. Or a cold stare. Can't delete either without reading, like I would do to an undesirable email. If only she was more the facebook kind! Then you wouldn't have had to suffer this column.

Menaka Doshi,Corporate Editor of CNBC-TV18.

Traders psychology

Posted by : ashwi kaur

thanks 4 ur reply , ashwi ill keep in touch

Tech-No-Logic

Posted by : Menaka D

Congrats Moneycontrol. com on 10 glorious years. I don't know why Vidya (for those of you who don't know, she's the head honcho at MC) asked me to write this column. I know very little about technology, the internet, fancy gizmos and I know nothing of the newest rage - the facebook and twitter rage.

Now, before you laugh and call me names (if you must, I prefer 'non-geek' or 'tech un-savvy') please remember that I belong to a generation of journalists who grew up in a non-Google world. Imagine that! A non-Google world! In my youth, email was a luxury, search engines non-existent (at least in the TV18 office then) and Google, a funny sounding word.

We did our research the good ol’ fashioned way. Called companies, faxed requests and met managements one-on-one to get information. Cameras were bulky, tapes the size of law books and technology all analog. Satellite time was expensive and limited and it was impossible to feed stories between cities, forget countries.

Life was slow, not very efficient and yet we were happy. Stories were painstakingly crafted, each line pondered over, each shot carefully selected. Quantity never ranked above quality. Today's world is a study in contrast. Everything is nano, super-fast, super-efficient, super-assembly-line. More is good, whether or not that more is truly good. More stories pieced together in less minutes, more shows, and more television channels. More internet connectivity, more online, more friends in the virtual world than in the real one. More chatter, less meaningful conversation. More information, less knowledge. More quantity, less quality.

Now don't get me wrong. Of course, I'm grateful for Google. And email. And my blackberry. And my pre-3G iphone. But I'm not sure any of this has made me a better journalist or a better person. The trouble with technology today is that it's become less medium and more message - No longer the journey but instead the destination.

My colleague Anuradha just started tweeting. She sits about 15 feet away from me at work. If I follow her on twitter, I could go days without talking to her and yet know what she's up to. That's strange living!

I spend more time on my blackberry than with my mother. My phone rings through the day, I often eat lunch while emailing and the commute to work is spent typing away on the laptop. Roads look familiar but I often don't know where I am because I rarely look out of the car window anymore (who has time to gaze!). This year Diwali greetings were conveyed efficiently via email, I've become too lazy to call even friends. And to think technology was meant to bridge distances, close the gap. Like the title of this piece suggests, this method has only madness. Think for a moment about what would happen if all those millions of people on facebook woke up one day to find some bug had deleted all their 'friends' lists. Would they have no friends?

PS: I wrote this piece at 5am on my blackberry. Sleep deprived but tempted to finish as much work as I could. Had to submit this piece or else Vidya would have given me an old-fashioned earful in person the next time she was in my hood. Or a cold stare. Can't delete either without reading, like I would do to an undesirable email. If only she was more the facebook kind! Then you wouldn't have had to suffer this column.

Menaka Doshi,Corporate Editor of CNBC-TV18.

MODERATOR Should BAN OFFENSIVE ABUSIVE LANGUAGE

Posted by : Guest

Dear Chartguru,

I greatly appreciate your insight and selflessness in sharing your knowledge with others. My job involves lots of travel so not much time to study every company in detail prior to investing. I have made my jugdements upon primarily researching yoru recos and reading your comments. Commendable!!!!!!! You are one of the very few (Other being poorfellow) that I would trust with clarity of thought and thorough reasoning.

I am pained by the comments that have been posted by some very anti social and ill mannered fools. My request to you is to please ignore them and continue sharing yoru knowledge and wisdom with others like me.

I normally only read your recos and have not nver before written to you. But I am writing now as I was concerned that teh comments of some idiots might dissuade you from visiting the board often.

Please do not stop for teh sake of people like me.

Rajdeep Sardesai looks back at a decade of television news

Posted by : Rajdeep Sardesai

Ten years of Moneycontrol.com may seem to have swept by in haste, but a decade at times can feel like an eternity. Rewind to 1999. It was the year of the Kargil conflict, India’s first televised war that changed the rules of the media game. At the time, there were just two 24-hour news channels: Star News and Zee News. The news revolution was yet to take off; Kargil gave it the impetus by bringing the bravery of our soldiers into our living rooms.

As a reporter with NDTV, which produced the programmes for Star News, the war conferred many of us with overnight stardom. Suddenly, the anonymity of the journalist was over: we were now in the age of the ‘star’ journalist, instantly recognisable faces with whom the viewer could connect. The era of the ‘by a staff reporter’ - the ubiquitous byline under which many of us had made our tentative steps into journalism was now truly a thing of the past. TV was offering more than 15 seconds of fame, and there was a growing desire to be part of the electronic media revolution. Suddenly, print appeared almost fuddy-duddy, many print journalists tried to make the switch to television which until then had been dismissed as a ‘lesser’ medium. The taste of the new generation was best exemplified by Kargil martyr, Vikram Batra’s line, Yeh dil maange more!

Today, there are almost a hundred 24 hour news channels in different languages, more than any other country in the world, each breathlessly reporting every little piece of ‘breaking news’. Year 1999, in a sense, was the turning point. It wasn’t just Kargil, it was also the year of the Kandahar hijacking, another momentous news event that changed the media landscape. LK Advani and Jaswant Singh may well squabble today over who was responsible for the decision to release Masood Azhar and other terrorists, but the fact is that at the time itself, it was the ‘intrusive’ 24 hour news channels that were blamed for forcing the Government’s hand. At the time, round the clock news television may have appeared a novelty today virtually every story is accompanied by a forest of mikes.

It isn’t just journalism that has dramatically changed in these 10 years. Year 1999 was also the year when Atal Behari Vajpayee won a famous victory in the general elections, and it seemed as if the BJP was poised to rule India for a very long time. Sonia Gandhi, by contrast, appeared a political novice, her claim to have the support of a majority of ‘272’ Memebers of Parliament failing to materialise as her ‘foreign origins’ became a potent issue. Today, Vajpayee is both tired and retired, the BJP is in a coma. Mrs Gandhi, on the other hand, is the most powerful individual in the country, while the Congress seems to have rediscovered the Midas touch.

I remember covering Dr Manmohan Singh’s campaign in 1999: The first and only time he contested an election. He lost that election from the South Delhi constituency, and there were many who were writing his political obituary. Today, he has begun a second five-year term in office as prime minister. Could anyone have imagined that the gentle sardar, who seemed deeply uncomfortable in the public domain, would become India’s longest serving prime minister since Indira Gandhi?

For that matter, could anyone have imagined that the Sensex, then still a dot on the economic horizon, would become the most eagerly tracked daily figure in the country, that we would have half a dozen business channels in a country?

Much has indeed changed in the last decade, and no doubt much more will change in the next 10 years. On a personal level, my hair has greyed, the shoulders have drooped a bit, middle age truly beckons! Let me confess that I do at times miss the era when there were fewer channels, less breaking news: You actually had time for an extended lunch. Now, as today’s news becomes the next hour’s history, I guess it's only appropriate to feel nostalgic for the past, but also look forward to the challenges that will be posed by the next decade.

Oh yes! One thing hasn’t changed: Moneycontrol.com is still the country’s premier markets and business website!

Rajdeep Sardesai,Editor-in-chief,IBN Network

NODICK - Abusive Boarder

Posted by : harshad mehta

Joetom is already putting message through his fake id jainer. He can not remain without MMB.

Next Gen entrepreneurs are the future of this country

Posted by : Kishore Biyani

Even as we find our bearings after the economic storm of the last year, the Indian economy seems to be well on its way to a recovery and reaching pre-crisis levels. The scope and potential of the Indian economy, in general and the domestic consumption sector in particular, is characterised by some irreversible trends. This augurs well for the future, but it is crucial that we understand these trends so we use our resources in the most efficient manner possible.


When India's economic progress and development are discussed, what you typically encounter is a barrage of numbers. What is rarely discussed, and what should be of most concern to people, are the underlying dynamics behind those numbers. During the next decade the Indian economy will cross the USD 2 trillion threshold. The largest contributor in our GDP will continue to be our domestic private consumption. Unlike other emerging economies, the fundamental strength of the Indian economy has been the fact that domestic consumption is the single-biggest contributor to economic growth. And over the last couple of years, the scope and extent of India’s domestic consumption is going through a rapid change.


With the growth in income and aspirations and backed by a younger demographic profile, Indians consumers are moving away from basic consumption to consumption of value-added products. Whether it is food, furniture or fashion, Indian consumers are increasingly opting for value-added products and brands. Catalysing this trend for value-added products has been the growth of modern retailing in India.

Modern retailing deals almost exclusively with value-added products. The transformative change that value-added products bring to the economy is in the number of jobs, income generation and wealth creation that takes place at every stage. This in turn creates new opportunities and possibilities for value-creators and entrepreneurs across the country.

As we move towards the next decade, I believe the biggest transformation we will see is the emergence of a new breed of Indian entrepreneurs and enterprise that cater to the growing demand for value-added products. These entrepreneurs will not necessarily come from Mumbai, Delhi or any of the large-metros. Instead, you will find them setting up their enterprise and emerging from the hundreds of smaller towns spread across the country. They will be based closer to the source of production and they will create jobs in each of these locations.

Modern retail stands to be one of the biggest catalysts of this change. Not only will it create the demand for value-added products, but also act as a platform for small entrepreneurs and producers to connect with the big consumers.

In my recent travel in smaller towns and interactions with entrepreneurs there, I was very enthused by them and their ideas. The new generation of young entrepreneurs represents the future of this country and they are far more confident than the earlier generation. I believe it is important for every generation of entrepreneurs to rebel against the convention and create something new that benefits consumers, employees and society at large. And that has started happening across every town and city in India.

Kishore Biyani,Group CEO of Future Group and the MD of Pantaloon Retail (India) Limited.