pick always right stock in any time....

I think the processs involves both the managements declaring a ratio of merger and other formalities like share holders meeting, etc. will follow later. We are interested in knowing the ratio of merger and that should not be difficult for PNB to decide as it can dominate both the boards. Some other boarder has quoted Nahar capital holding a big chunk. I am sure they must be having some inkling about merger ratio to hold such good quantity...

can you post your views on JSL..?...

merger by december end is IMPOSSIBLE !!! but I am still holding it considering that the book value is at 40 and CMP at 30 where other financial stocks r trading at 2x book value. a value pick....

How U r seeing closing Today Mkt. Considering the following matter: - 1. Expiry r about to near 2. 4900 & 5000 Put options r most active derivative today 3.Profit Booking 4.Mkt r not seeing to cross 5080 level 5.FII selling cash drivatives My opinion is Mkt can fall due to profit booking . Nifty can break 5000 level and sensex can break 17000 level. Its my opinion. Please also share ur opinions in this matter And Chief - Kamani Analysis was perfect for friday mkt. ...

Dear totalview compair such data with the data of 18 th may 09. when FII bought only 53.40 and mutual funds sold 0.50 but nifty jumped 600 points. In fact in this market big manupulation is going on and nothing can be concluded with past data`s, I expect what might have happened on Friday due to sudden jump. Many peoples would have shorted and placed stop loss at higher level step by step. Now step by step all the stop loss might have been trigered resulting sudden jump in price, and those who have not put stop loss might have been left uncovered, such traders will have to cover their shorts on Monday if market is not falling. Now what may happen which I expect that if on Monday FIIs, DIIs don`t remain net sellers then on expectation of fall in the morning traders will make huge short sell, later on when they will find that market is not falling then uncovered shorters till friday and fresh shorters of Monday will be compelled to cover shorts after noon time. I mean market will not fall on monday. because every fall will be picked up by previous shorters. hence ultimate results will be huge short covering. Technically it also indicates that short covering will take place. ...

Dear Callnput, I have tried to understand the current senario as under,with respect to friday movement. 1)The SL of weak hearted bears was 4995 and 5030 both got hit,the smart players kept it at 5080,that has still not hit. 2)The SL`s of strong hearted bulls was 4920,and that has not yet hit. 3)See the level of Nikkei,and today also Dubai has shed 2.5%,Iam not saying that there is any corelation but we have to keep these facts in mind as a day trader. But if you want to trade now then there is high possiblity of High rewards or high losses,becoz which ever way it gono move it will move very fast.and suppose we go down now then the trend of Higher tops and higher bottom also gets broken. I will try to stay out as of now,But believe me on one info,The big long term Investors(Not traders)are booking profits,in anticipation of a bigger fall,but they are still not short on mktg. ...

dear smartakka,

you r very sure of it`s merger by december 2009 !!! kudos !!!...

Dear DM,
Do you mean to say that markets have unnecessarily scaled up on Friday !!! It was a fake signal !!! But I feel if markets return from this point, they may breach 4500 levels in December series !!!!...

Even I could not comprehend the data for friday FIIs net sellers, Retail net sellers, DIIs marginally bought 18 crs. who has bought in the market?...

But FIIs bulls may take it to recent high of 5180 or even more before November expiry !!!!!!! However, if November future closes below 5000, December expiry futures may spring a major surprise on downside. I donot rule out it going below 4500 in the next series !!!!!! Ultimately in November series 5000 and 5180 will be a major testing factor !!!!! ...

OK. We shall come to know tomorrow whether 5052 us peak or it will scale up further. Do you expect a closing below 5000 tomorrow? ...

Don`t expect anything in the short term. However, 2010 should see it crossing 120 !!!! It`s an excellent investment grade scrip. Company is known for liberal payouts as high as 65% dividend. However, at present it will remain in 64-82 range !!!!!...

Kya typo mistake ho gaya?...

Let us not forget that it will bring more paper in the market in the short term and will suck the liquidity of the market. Investors will not forget how they are nursing the wounds inflicted by NHPC IPO with no forseable remedy in sight. Now where is the question of any benefit to retail investors for listed stocks whose price discovery has already taken place? Already misplaced euphoria about divestment has taken the price of these listed outfits to dizzy heights. Govt. and merchant bankers will be delighted and emboldened to keep issue price still higher. Later on u know - retail investors will be left to nurse the wounds for atleast 1 to two years. Forget about institutional investors !!!!!! ...

Wait Mr.Udayan Mukherjee - Market may not support such big line up of PSUs offerings and markets may collapse under the weight of PSU IPOs !!!!!! You can milch a cow only as much as she has capacity. Beyond that it will not be milk but blood !!!!!Govt want to take out the blood of investors and not the milk !!!!!...

Great bugger stated that markets will not go bust before going for a big leap and that was when Nifty was 5100+. Check up with this bugger, he has sold of all his trading stock holdings !!!!! Catch hold of him and bring him to MMB !!!!! We will do him a treatment what snvaish does to HLN !!!!! LOL !!!!!!...

Last week DOW and S & P were down 1.8% whereas Indian markets both SENSEX and NIFTY were up 2.5%. Right now there is no market in the world which we regularly track which is standing and holding on the top of 2009 (even forget about various DMAs ). Is it not a sign of manipulated market? ...

Dow & S & P !!! Short term double tops !!!

Yesterdays` is beyond explanation. It seems market is desperate to go down but not being allowed to !!!! Cheers !!!! ...