Friday, October 31, 2008

>FII's short list

The following table gives information about the no. of shares Fiis short in the underlying
script.

SR. NO. SECURITY NAME QUANTITY (no. of underlying security)
88 ICICI BANK LTD 12710276
142 NATIONAL THERMAL POWER CORP 8924392
207 TATA STEEL LIMITED 8865766
105 JAIPRAKASH ASSOCIATES LTD 8386718
174 RELIANCE COMMUNICATION LTD 8153350
179 RELIANCE PETROLEUM LTD 7316495
102 ITC LIMITED 5073320
90 IDEA CELLULAR LTD 4787538
24 AXIS BANK LTD 4668781
94 INDIABULLS REAL ESTATE LIMITED 4556078
79 HDIL 4134608
33 BHARTI AIRTEL LIMITED 4070404
137 MOSER BAER (INDIA) LIMITED 3740643
120 LARSEN & TOUBRO LIMITED 3573799
77 HDFC 3560323
136 MORGAN STANLEY GROWTH FUND 3535464
201 SUZLON ENERGY LIMITED 3194455
214 UNITED PHOSPHOROUS 3014492
45 CRANES SOFTWARE INTERNATIONAL LTD 2936888
173 RELIANCE CAPITAL LIMITED 2765347
123 LUPIN LTD 2636487
110 JSW STEEL LIMITED 2459440
14 AMTEK INDIA LTD 2329793
67 GLENMARK PHARMACEUTICALS LTD 2221847
176 RELIANCE INDUSTRIES LIMITED 2145092
99 INFOSYS TECHNOLOGIES LTD 2061118
85 HINDUSTAN UNILEVER LIMITED 1975000
93 INDIABULLS FINANCIAL SERVICES 1930673
48 DLF LIMITED 1847961
163 PUNJ LLOYD LIMITED 1795840
46 CROMPTON GREAVES LTD 1711019
181 ROLTA INDIA LIMITED 1619425
213 UNITECH LIMITED 1423525
78 HDFC BANK LIMITED 1359784
68 GMR INFRASTRUCTURE LTD 1357004
160 PRAKASH INDUSTRIES LIMITED 1272042
130 MAN INDUSTRIES (INDIA) LTD 1252008
58 FIRSTSOURCE SOLUTIONS LIMITE 1211932
55 EVEREST KANTO CYLINDER LIMITED 1175913
103 IVRCL INFRASTRUCTURES & PROJECT 1161116
10 AFTEK INFOSYS LTD 1158298
104 JAIN IRRIGATION SYSTEMS LTD 1116987
81 HEXAWARE TECHNOLOGIES LTD 1110223
194 STEEL AUTHORITY OF INDIA 1076564
117 KOTAK MAHINDRA BANK LTD 1068300
155 PATNI COMPUTER SYSTEMS 1038395
218 VOLTAS 1000794
193 STATE BANK OF INDIA 988377
183 S KUMARS NATIONWIDE LTD 987751
192 SREI INFRASTRUCTURE FINANCE 942996
197 STRIDES ARCOLAB LTD 940746
63 GEODESIC LTD 914514
60 GATEWAY DISTRIPARKS LTD 881315
82 HINDALCO INDUSTRIES LIMITED 876757
13 AMTEK AUTO LIMITED 845581
202 TATA CHEMICALS LIMITED 812780
30 BHARAT HEAVY ELECTRICALS LIMITED 797167
182 RUCHI SOYA INDUSTRIES LTD 790000
205 TATA MOTORS LTD 784102
73 GTL INFRASTRUCTURE LTD 768972
54 ERA CONSTRUCTION LTD 750000
101 INFRASTRUCTURE DEVELOPMENT FIN 743450
221 WOCKHARDT 738529
111 JUBILANT ORGANOSYS LTD 737757
29 BHARAT FORGE LIMITED 736964
22 ASSAM CO LTD 735634
212 UNION BANK OF INDIA 724000
184 SATYAM COMPUTER SERVICES LIMITED 692924
98 INDUSTRIAL DEVELOPMENT BANK OF INDIA 690908
20 ASHOK LEYLAND LIMITED 652113
150 ORIENTAL BANK OF COMMERCE 645017
23 AUROBINDO PHARMA LIMITED 619683
204 TATA CONSULTANCY SERVICES 611123
164 PUNJAB NATIONAL BANK 602844
1 3I INFOTECH LIMITED 586276
50 EDUCOMP SOLUTIONS LTD 531444
39 CAIRN INDIA LIMITED 529596
75 GUJARAT STATE PETRONET LTD 502951
151 PANACEA BIOTEC LIMITED 500448
217 VIDEOCON INDUSTRIES LTD 491746
95 INDIAN HOTEL 486379
177 RELIANCE INFRASTRUCTURE LTD 474584
140 NAGARJUNA CONSTRUCTION CO 471704
152 PANTALOON RETAIL INDIA LIMITED 468107
59 GAIL INDIA LTD 462555
43 CORE PROJECTS $ TECHNOLOGIES 457365
40 CANARA BANK 444429
165 PYRAMID SAIMIRA THEATRE 425060
196 STERLITE INDUSTRIES INDIA LT 410987
158 POWER GRID CORP OF INDIA 400000
89 ICSA INDIA LTD 387959
208 TULIP IT SERVICES LTD 383696
42 CIPLA LTD 382723
2 ABAN OFFSHORE LIMITED 379307
116 KLG SYSTEL LIMITED 375949
146 NORTHGATE TECHNOLOGIES LTD 347631
8 ADLABS FILMS LTD 344353
191 SPICEJET LTD 333675
76 HCL TECHNOLOGIES LTD 330503
131 MARUTI SUZUKI INDIA LTD 322026
108 JINDAL STAINLESS LTD 317000
143 NEW DELHI TELEVISION LTD 313561
186 SESA GOA LTD 312000
138 MPHASIS BFL LTD 306099
148 OPTO CIRCUITS INDIA 305817
180 RELIANCE POWER LIMITED 300000
32 BHARATI SHIPYARD LIMITED 299329
156 PIRAMAL HEALTHCARE LIMITED 294145
26 BAJAJ HINDUSTAN LTD 287533
147 OIL & NATURAL GAS CORP LTD 274500
17 ANSAL PROPERTIES & INFRASTRU 268008
107 JINDAL SAW LTD 246584
157 POWER FINANCE CORP LTD 234656
27 BANK OF INDIA 234570
65 GITANJALI GEMS LTD 227412
144 NIIT LTD 223349
133 MERCATOR LINES LIMITED 222016
220 WIPRO LTD 215369
189 SINTEX INDUSTRIES LIMITED 210062
185 SAW PIPES LIMITED ORD 208900
132 MATRIX LABORATORIES LIMITED 205900
223 ZEE ENTERTAINMENT ENTERPRISES LTD 199500
87 HOTEL LEELA VENTURE LTD 193316
56 FEDERAL BANK LTD 184050
113 KARNATAKA BANK LTD 184000
222 YES BANK 180000
70 GRASIM 174265
15 ANDHRA BANK LTD 173373
169 RANBAXY LABORATORIES LTD 169862
41 CESC LTD 158979
18 ASAHI INDIA GLASS LTD 158067
206 TATA POWER CO 157963
35 BIOCON LTD 154900
121 LGB FORGE LTD 153576
72 GREMACH INFRASTRUCTURE EQUIPMENTS & PROJECTS LTD 151730
114 KEC INTERNATIONAL LTD 151085
122 LIC HOUSING FINANCE 145584
170 RAYMOND LIMITED 144494
83 HINDUSTAN CONSTRUCTION CO 138000
209 TVS MOTORS CO LTD 134130
49 DR REDDYS LABORATORIES LTD 134047
126 MAHANAGAR TELEPHONE NIGAM 132380
224 ZENITH INFOTECH LTD 131426
6 ADANI EXPORTS 131420
135 MONNET ISPAT LIMITED 131117
5 ACC LIMITED 130026
141 NATIONAL ALUMINIUM CO 126500
16 ANKUR DRUGS & PHARMA LTD 125000
64 GEOMETRIC LTD 122118
203 TATA COMMUNICATIONS LTD 110081
198 SUBEX LTD 109526
47 DISHMAN PHARMA & CHEM CMN 105901
91 INDIA CEMENTS LIMITED 104900
92 INDIA INFOLINE LTD 100156
134 MICRO TECHNOLOGIES INDIA LTD 99,103
97 INDIAN OVERSEAS BANK 96,798
25 BAJAJ AUTO LIMITED 90,951
115 KINGFISHER AIRLINE 88,081
3 ABB LTD INDIA 85,973
12 ALOK IND LTD 76,089
125 MAHA SCOOTER 69,885
159 PRAJAY ENGINEERS SYNDICA 69,798
7 ADITYA BIRLA NUVO LTD 68,466
74 GTL LTD 65,732
109 JINDAL STEEL & POWER LTD 65,545
154 PATEL ENGINEERING LTD 65,509
118 LAKSHMI ENERGY & FOODS LTD 63,516
28 BARTRONICS INDIA LTD 61,047
37 BRANDHOUSE RETAIL 55,439
128 MAHINDRA & MAHINDRA 54,950
80 HERO HONDA MOTORS LIMITED 53,100
53 EMCO LTD 50,180
86 HINDUSTAN ZINC LTD 49,671
200 SUN PHARMACEUTICALS INDUS LTD 47,974
44 CORPORATION BANK 47,647
129 MAHINDRA LIFESPACE DEVELOPERS LTD 45,645
100 INFOTECH ENTERPRISES LTD 45,453
167 RAIN COMMODITIES LTD 44,934
187 SHIV-VANI OIL & GAS EXPLORATION SERVICES LTD 44,785
162 PROVOGUE INDIA LTD 42,860
38 CADILA HEALTHCARE LTD 42,000
119 LANCO INFRATECH LTD 38,100
4 ABG SHIPYARD 37,894
219 WELSPUN-GUJARAT STAHL LTD 35,390
216 UTV SOFTWARE COMMUNICATIONS LTD 35,204
84 HINDUSTAN PETROLEUM CORP 35,166
52 ELECTROSTEEL 32,035
178 RELIANCE NATURAL RESOURCES LTD 31,476
175 RELIANCE ENERGY LTD 31,264
153 PARSVNATH DEVELOPERS LTD 30,807
139 MUKAND LTD 27,642
96 INDIAN OIL CORP LTD 23,464
34 BILCARE LTD 22,492
210 UFLEX LIMITED 21,661
188 SIEMENS INDIA LTD 21,616
11 AKRUTI NIRMAN LTD 20,500
145 NITCO_TILES_LTD 20,000
168 RAJESH EXPORTS LIMITED 20,000
127 MAHARASHTRA SEAMLESS LTD 19,537
149 ORCHID CHEMICALS & PHARMA 16,110
171 REDINGTON INDIA LTD 14,218
215 UNITED SPIRITS LIMITED 14,174
21 ASIAN ELECTRONICS LTD 14,108
166 RADICO KHAITAN LTD 11,560
106 JET AIRWAYS INDIA LIMITED 11,174
51 EICHER MOTORS LTD 10,465
172 REI AGRO LTD 9,140
57 FINANCIAL TECHN (INDIA) LTD 8,700
211 ULTRA TECH CEMENT LTD 8,037
69 GOKALDAS EXPORTS 4,927
112 KALPATARU POWER TRANS LTD 4,257
61 GE SHIPPING 3,606
195 STERLING BIOTECH LTD 3,598
31 BHARAT PETROLEUM CORP LTD 3,300
161 PRIME FOCUS LTD 3,291
62 GENUS POWER INFRASTRUCTURE 2,816
190 SOUTH INDIA 1,575
199 SUN PHARMA ADVANCED RESEARCH CO LTD 1,000
66 GLAXOSMITHKLINE PHARMACEUTIC 764
124 MADRAS CEMENTS LIMITED 731
9 ADVANTA INDIA LTD 485
19 ASHAPURA MINECHEM LIMITED 100
36 BOMBAY RAYON 8
71 GREAT OFFSHORE LTD 4

>INSIDE TRADING 30-10-2008

532418Andhra BankLife Insurance Corporation of India Ltd20/02/2008 - 16/10/2008B99630562.05441367539.10
532330Biopac India Corporation LtdPankaj B Doshi17/10/2008B10000
311455519.47
519600CCL Products (India) Ltd.Challa Rajendra Prasad20/10/2008B59570.04141046810.60
519600CCL Products (India) Ltd.Challa Rajendra Prasad21/10/2008B130900.10142355810.70
519600CCL Products (India) Ltd.Challa Srishant22/10/2008B55200.046110194.59
519600CCL Products (India) Ltd.Challa Srishant23/10/2008B56420.056166614.64
531923Dhampure Speciality Sugars Ltd.Mr. Sorabh Gupta--B77600.10177810524.83
531923Dhampure Speciality Sugars Ltd.Mr. Sorabh Gupta--B40000.05178410524.91
531923Dhampure Speciality Sugars Ltd.Mr. Sorabh Gupta--B20000.02178010524.86
522261Dolphin Offshore Enterprises (India) ltd.Mr. Navpreet Singh28/10/2008B1000
6835807.15
532922Edelweiss Capital LimitedMr. Rashesh Shah22/10/2008B2160120
1302267317.38
532700Entertainment Network (India) LtdRuanne Cunniff & Goldfarb Inc.21/10/2008B4600000.9626128285.48
532521Four Soft LimitedMR. Palem Srikath Reddy27/10/2008 - 29/10/2008B41894
830017321.30
530773IVRCL Infrastructures & Projects Ltd.E Sudhir Reddy28/08/2008 - 24/10/2008B55000
52261003.91
502901Jam Shri Ranjitsinghji Spg.& Wvg.MiNavratan Damani23/10/2008 - 24/10/2008B18020.052544277.26
520051Jamna Auto Industries Ltd.,Clearwater Capital Partners(Cyprus) Ltd23/10/2008B23562554.941053875629.09
526209K.S.Oils Ltd.Ramesh Chand Garg25/10/2008B19093800
5838217216.38
526209K.S.Oils Ltd.Saurabh Garg25/10/2008B4773270
14491270
526209K.S.Oils Ltd.Ramesh Chand Garg27/10/2008 - 28/10/2008B8400000.235922145216.62
500510Larsen & Toubro LimitedMr. A M Naik22/10/2008B14402
20861500.36
500257Lupin LtdVarun Khanna22/10/2008S119
528810.06
501343Motor & General Finance (M.G.F.) LtRam Prakash & Co Pvt Ltd.--B100000.052783461.44
511525Pan India Corporation LtdNeat Developers Limited18/10/2008B200147009.34210147009.81
526247Premier Explosives Ltd.A N Gupta17/10/2008B2090
117693614.48
526247Premier Explosives Ltd.A N Gupta20/10/2008B3189
118012514.52
526247Premier Explosives Ltd.A N Gupta -HUF22/10/2008B23890.033348714.12
531273Radhe Developers (India) ltd.Ashish P Patel24/10/2008B26000
181360317.81
531033Regal Entertainment & Consultants Ltd.Shri Satish Kusumbiwal22/10/2008 - 23/10/2008B2200
--
531033Regal Entertainment & Consultants Ltd.Shri Dinesh Gupta24/10/2008B3455
--
531646RFL International Ltd.Jigen Vora17/10/2008 - 22/10/2008S75000
--
530631Rose Zinc Ltd.Mrs. Usha A Mehta17/10/2008B25000
3474004.30
526496Rubber Products Ltd.Sucharita Ramkrishna Hegde22/10/2008B26741
1194112.92
503806SRF Ltd.,SRF Polymers Investments Ltd.30/01/2008B6000000.881672807625.76
507785Tainwala Chemicals & Plastics LtdRajkumar Tainwala27/10/2008B500000.534723555.04
500148Uflex LimitedAnshika Consultants Pvt Limited23/10/2008B4000
27700838
B - Buy
S - Sale

>BALTIC DRY LIVE







RESEARCH REPORTS

Thursday, October 30, 2008

>Loosing out in this fall??

Hi Friends,
With stock market plunge,We hear so much about the losses what Traders and Investors incurred due to this NIAGRA fall what we witnessed in Stock Markets.
Investors ,Traders are so tensed,stressed that usually full day goes thinking what next:).Markets Tend to overshoot in both directions let it be the year 2007 bull which
looked as if the rise would be perpetual.
Same with 2008 BEAR which looks like this fall would never end:).
Relax BULL or BEAR overshoot happens both sides,If you find it too stress full take some time out get freshened up and come back again.
May be the following story would help you,Keep reading!!

A Professor began his class by holding up a glass with some water in it. He held it up for all to see & asked the students “How much do you think this glass weighs?"

'50gms!' ..... '100gms!' .....'125gms' ...the students answered.


.



"I really don't know unless I weigh it," said the professor, "but, my question is:

What would happen if I held it up like this for a few minutes?"

'Nothing' …..the students said.

'Ok what would happen if I held it up like this for an hour?' the professor asked.

'Your arm would begin to ache' said one of the student

"You're right, now what would happen if I held it for a day?"

"Your arm could go numb, you might have severe muscle stress & paralysis & have to go to hospital for sure!"
….. ventured another student & all the students laughed

"Very good.

But during all this, did the weight of the glass change?"
asked the professor.

'No'…. Was the answer.

"Then what caused the arm ache & the muscle stress?"

The students were puzzled.

"What should I do now to come out of pain?" asked professor again.

"Put the glass down!" said one of the students

"Exactly!" said the professor.

Life's problems are something like this.
Hold it for a few minutes in your head & they seem OK.

Think of them for a long time & they begin to ache.
Hold it even longer & they begin to paralyze you. You will not be able to do anything.

It's important to think of the challenges or problems in your life,
But EVEN MORE IMPORTANT is to 'PUT THEM DOWN' at the end of every day before You go to sleep..

That way, you are not stressed, you wake up every day fresh &strong & can handle any issue, any challenge that comes your way!


Regards
Rish

Wednesday, October 29, 2008

>INSIDE TRADING 29-10-2008

524760Arvind International ltd.Arvind Bajoria17/10/2008B120000.175279007.52
532330Biopac India Corporation LtdPankaj B Doshi20/10/2008B10000
312455519.53
532868DLF LIMITEDPraveen Kumar22/10/2008B30000
50000
509130Dunlop India Ltd.,Dil Rim & Wheel Corporation Ltd.24/10/2008S1268264417.622083258528.94
509130Dunlop India Ltd.,Wealth Overseas Pte Ltd.24/10/2008B1268264417.621268264417.62
532715Gitanjali Gems Ltd.Mehul C Choksi27/10/2008B890000.103472400040.81
512579Gujarat NRE Coke Ltd.Marley Foods Pvt Ltd.23/10/2008B5200000.15308255519.14
512579Gujarat NRE Coke Ltd.Brinda Dealing Pvt Ltd.23/10/2008B5815300.17124388303.69
500467Harrisons Malayalam Ltd.,Pankaj Kapoor14/10/2008B3000
560430.30
532747Kingfisher Airlines LimitedDeccan Emerging Business Ventures Pv Ltd20/10/2008S108066
29776491.12
532747Kingfisher Airlines LimitedCapt. G R Gopinath20/10/2008S160046
146568065.51
532440Macmillan India Ltd.Citigroup Global Markets (M) Pvt Ltd.22/10/2008S11414726.79--
523704Mastek LimitedNalanda India Fund Ltd.22/10/2008B14000005.2026880209.99
501343Motor & General Finance (M.G.F.) LtRam Prakash & Co Pvt Ltd.--B141520.072683461.38
501343Motor & General Finance (M.G.F.) LtMGF Services Ltd.--B88110.053250001.68
531120Patel Engineering LtdPatel Realtors Pvt. Limited22/10/2008B100000.041403000023.52
531120Patel Engineering LtdPraham India Pvt Limited22/10/2008B100000.041374800023.04
531120Patel Engineering LtdEnpro Limited15/10/2008 - 22/10/2008B375000.06375000.06
523523Rainbow Papers Ltd.,Nikita Ajay Goenka24/10/2008B11169
30608
530521Virat Industries Ltd.Fredoon Madan08/10/2008B1050
604111.22
530521Virat Industries Ltd.Nirmal G Awtaney & Krishnan Awtaney15/10/2008B5000
64000.13
B - Buy
S - Sale

>Volkswagen AG Doubles in 2 days!!!

FRANKFURT, Germany - Shares of Volkswagen AG jumped an eye-popping 82 percent on Tuesday after a similar surge the day before, leading German financial regulators to say they would investigate.

Speculation on the reason for the rise centered on a reduced number of shares available and on hedge funds needing to unwind bad bets on the share's direction. The surge came amid reports that big investors had been forced to buy scarce shares to get out of mistaken bets the shares would fall

On Sunday, Porsche Automobile Holding SE, which owns the company that makes the 911 and Cayenne vehicles, said it increased its stake in VW to 42.6 percent plus enough options to give it 74.1 percent. Since the German state of Lower Saxony, where Volkswagen's headquarters is based, holds just over 20 percent of the company's shares, as little as 6 or 7 percent would be freely available.

That started pushing VW shares sharply higher. On Monday, they were up nearly 147 percent to close at 520 euros ($651.35) compared with Friday's closing price of 210.85 euros ($264.41).

On Tuesday, Wolfsburg-based Volkswagen's shares spiked as high as 1,005 euros ($1,256) in Frankfurt trading Tuesday, nearly doubling Monday's close. At that level, Volkswagen was worth some 296 billion euros ($370.8 billion), greater than Exxon Mobil Corp.'s market cap of $343 billion.

This is one example when Bear got it wrong totally.
After triggering a near-tripling of Volkswagen's share price over the past two days, Porsche could be in for a windfall: the automaker said on Wednesday it planned to cash in some 5.0% of its indirectly-held Volkswagen stake in order to give red-faced short-sellers some room to breathe.

Doubling in two days:)Amazing.

Regards
Rish

>Credit Virus spreads worldwide

Back in 1997, a minor currency crisis in Thailand rattled a few regional market players. But the rest of the world ignored it ... at first. They said it wouldn't matter to the U.S. and would be just a blip on the radar screen.

But soon the decline in Thailand's currency, the baht, accelerated. It went from a gentle slide to a full-scale rout. Before long, currencies in the Philippines, Indonesia, and South Korea began to fall out of bed.

Then regional stock indices later crashed. Our Dow suffered what was then one of the largest point declines on record. And the International Monetary Fund was forced to step in and bail out several economies — to the tune of tens of billions of dollars.

It was a scary time. But compared to what is happening now, the 1997 crisis looks like a day at the beach. Right now ... in far-flung corners of the world as diverse as Iceland, Hungary, Argentina, India, and elsewhere ...

Currencies aren't just declining. They're crashing.

Stock markets aren't just falling. They're collapsing.

Foreign investors aren't just walking for the exits. They're running ... and trampling anyone in their paths.

You may not keep a chart of the Hungarian florint, that nation's currency, on your screen. You probably don't look at Argentina's Merval Index very often, if ever. And you may have never touched an Icelandic krona in your life.

Crisis in Hungary, Argentina, Iceland, oh my!


In Hungary, the currency has been plunging for weeks on end as global investors pare risk and withdraw funds from higher-risk emerging markets. The forint recently traded at 214 against the dollar, a huge decline from the 143 level back in July. In other words, one U.S. dollar buys many more forints than it did a few months ago.

That prompted a serious reaction from the Magyar Nemzeti Bank, Hungary's central bank this week. It jacked up the nation's benchmark rate to 11.5% — an increase of a full three percentage points — to defend the currency and stem the flight of capital.

Meanwhile, in Argentina, the country said it plans to seize $29 billion of private pension funds. This caused bond yields in the country to surge. The Merval stock index plunged 11% on Tuesday, then another 10% on Wednesday. It is down more than 55% on the year.

The government last raided pension fund investments to service its debt in 2001. But it didn't help. Argentina then defaulted in a move that sent shockwaves throughout the global capital markets.

As for Iceland, the market has all but collapsed. The country's three biggest banks have been nationalized. Its currency has lost more than half its value in the past two years. It's being forced to pursue a multi-billion dollar bailout from its Scandinavian neighbors and the IMF.

The most shocking of all: Its benchmark stock market gauge, the OMX ICEX 15 index, has plunged 89% year to date! To put that in perspective, if our Dow did the same thing this year, it would be trading around 1,460.

Back home here in India, we are too running into trouble. Overseas funds dumped a record $12 billion of Indian shares so far this year. Foreign exchange reserves have dwindled by $42 billion as the Indian rupee has imploded. It recently slumped from 39.20 against the dollar to 49.50 — a record low.

Bottom line: The credit virus is now spreading its sickness to the four corners of the world.
Iceland's stock market has all but collapsed as the credit virus spreads worldwide.

I remember till about a month back FM was quite confident about INDIAN MARKETS he used to address the press with the same statement again and again "We are insulated to credit crisis"
Presently hes not to be seen since last few days where we lost 10-20% in a matter of days.

The most recent comment of PM "yes credit crisis is hurting INDIA".
Well why all this when we have plunged,Why they were so confident a month back?

Try to find answers:)
Comments welcome.

Regards
Rish

Tuesday, October 28, 2008

>Few good INVESTMENTS

Hi Friends ,

Few Investment stocks which you can buy on Diwali muhurat trading as an
INVESTMENT.

1 RANBAXY

2.SUZLON

3.RELIANCE

4.L&T

5.BHARTI

Remember these are investments and should be held for atleast a year.
I expect good appreciation in these stocks in the next one year at least.
I purposely gave index stocks as that's where more action would be.
Keep this in mind put 20% in each stock.

Regards
Rish

Monday, October 27, 2008

>INSIDE TRADING 27-10-2008

532475Aptech Ltd.Citigroup Global Mkt (Mauritius) Pvt Ltd21/10/2008S2500000.5413430052.88
531881Arvind Chemicals ltd.Newage Vinimay Pvt. Ltd.15/10/2008 - 16/10/2008B249080.13208695710.54
531881Arvind Chemicals ltd.Gaurav Vinimay Pvt. Ltd.17/10/2008B125740.06209953110.60
524760Arvind International ltd.Arvind Bajoria22/10/2008B5000.005284007.53
527001Ashapura Minechem LtdNavnitlal R Shah13/10/2008N500000
1099386313.91
527001Ashapura Minechem LtdNavnitlal R Shah15/10/2008B7192
1100105513.92
512018CNI Research LtdShreenath Finstock Pvt Ltd.23/10/2008B550000.18330065110.78
532876Everonn Systems India Ltd.Net Equity Ventures Pvt Limited17/10/2008S6800004.493150002.08
503699Geodesic Ltd.Goldman Sachs Invest.(Mauritius) I Ltd.29/06/2006 - 10/10/2008B27052262.93--
503699Geodesic Ltd.Goldman Sachs Invest(Mauritius) I Ltd29/06/2006 - 10/10/2008S82113628.90--
503699Geodesic Ltd.Goldman Sachs Invest.(Mauritius) I Ltd29/06/2006 - 10/10/2008N20271653.774483320.49
512579Gujarat NRE Coke Ltd.Marley Foods Pvt Ltd.22/10/2008B2026570.06303055518.99
512579Gujarat NRE Coke Ltd.Brinda Dealing Pvt Ltd.22/10/2008B6202650.18118573003.52
512579Gujarat NRE Coke Ltd.Brinda Dealing Pvt Ltd.24/10/2008B5280000.16129668303.85
512579Gujarat NRE Coke Ltd.Marley Foods Pvt Ltd.24/10/2008B7000000.21315255519.35
532873Housing Development & Infrastructure LtdK P Devassy22/10/2008S20000
1590000.05
532821Indus Fila LimitedAndrew Finvest Pvt Limited21/10/2008N500000.2516965638.76
512237Jai Corp LimitedDeutsche Securities Mauritius Ltd.26/09/2008B57049193.20101206895.67
500510Larsen & Toubro LimitedMr. A M Naik17/10/2008 - 20/10/2008B50598
20717480.35
531096Mount Everest Mineral Water Ltd.Goldman Sachs Invest.(Mauritius) I Ltd15/11/2006 - 15/10/2008B771480.23--
531096Mount Everest Mineral Water Ltd.Goldman Sachs Invest.(Mauritius) I Ltd15/11/2006 - 15/10/2008S26184487.70--
511551Networth Stock Broking Ltd.S P Jain23/10/2008B30000
258173322.98
530073Sanghvi Movers Ltd.Mr. Jitendra R Shah23/10/2008 - 24/10/2008B650
1150
532863Spice Communications LimitedIdea Cellular Limited17/10/2008B28348935041.0928348935041.09
526953Venus Remedies Ltd.Merrill Lynch Capital Mkts. Espana.SA.SV21/10/2008S574420.684242245.02
530521Virat Industries Ltd.Ayesha A. Madan & Adi Madan22/10/2008B19822
283220.58
511147Wall Street Finance Ltd.Reliance Money Express Ltd.23/10/2008B390000033.55390000033.55
B - Buy
S - Sale

>Next Chairman of TATA Group

Shapoorji Mistry *is an Indian entrepreneur and construction
tycoon. With his *18.5% stake in Tata Sons*, he is the single largest
shareholder in India's largest private conglomerate Tata Group. He is also
the Chairman of the Shapoorji Pallonji Group through which he owns Shapoorji
Pallonji Construction Limited and Eureka Forbes Limited.

He is also the former Chairman of Associated Cement Companies. In 2007,
Forbes estimated his total fortune to be *worth US$ 5.9 billion*.Pallonji
gave up his Indian citizenship in 2007 to adopt *Irish citizenship*, making
him the richest Irish national in the world.

Nicknamed by his colleagues in Tata Group as the *Phantom of Bombay House*,
Pallonji, despite being one of the most successful businessmen in India, is
known for his *media-shyness *and rarely appears in public.

Association OF Mr.Pallonji Mistry with TATA Group is since more than 50
years back. His father Mr.Shapoorji Mistry had acquired 12.5 % stake of TATA
Sons, the key holding company of TATA Group from Mr. J R D Tata by buying
out solicitor FE Dinshaw's estate which was equal to 12.5% of Tata Son

And when J R D Tata tooke over the group Mr.Shapoorji had taken the
advantage of group's uncertanity and bought out other Tata family members
stake and increased it to 16.5%.

*Today, Pallonji owns 18.35% of Tata Sons, while Ratan Tata himself owns
less than a per cent.*

When TCS went public, Pallonji was the biggest beneficiary, netting more
than even the Tata companies.
He's always been a silent stakeholder, choosing instead to focus on the
international expansion of his own construction group, The Shapoorji
Pallonji Group and the domestic expansion of Eureka Forbes. The Group has
now diversified into textile and IT parks but Pallonji is as reclusive as
ever. He admits, "I prefer to be in the background, and I always have been.
But when it is a must, as I said when I became the Chairman of ACC, I had to
be before the press and so I was there. But if left to me, I would rather be
on my own."

In spite of being one of the richest Indians and Chairman of the Shapoorji
Pallonji Group, Pallonji Mistry is a man who rarely appears in public and is
often described as being media shy. His employees call him the man with no
faults, his friends describe him as humble and within the Tata Group he is
known as the Phantom of Bombay House.

In 2007, he gave up his Indian citizenship to become an Irish citizen.His
son-in-law Noel Tata is the CEO of the retail arm of the Tata Group. Noel
Tata is also the half-brother of Ratan Tata.











His son Mr.Cyrus Mistry is, 40 years old has recently joined the board of
TATA Sons in 2006.*The possiblity of next chairman of TATA Group is of his
son Mr. Cyrus Mistry or his son-in-law Mr.Noel Tata*.

*Any one out of Mr.Cyrus Mistry, Son of Mr.Pallonji Mistry and Mr.Noel Tata,
Son-in-law of Mr.Pallonji Mistry are the Next chairman of TATA Group.


Source:- http://myjourneytobillionaireclub.blogspot.com/2008/10/pallonji-shapoorji-mistry.html

>Few more AFL's

The AmiBroker Programming Language (AFL) is a very unique and powerful programming language but to use it effectively you have to understand how it works and how to properly use the AFL functions. For the newcomer to programming, this may represent a steep learning curve and it may take a little persistence to find the answers to all your questions.

Few AFL's you may like to download.

1 MACD commentary.afl


2 Pivot Point and Support and Resistance Points.afl


3 Relative Strength Index.afl

Hope they are usefull :).

Regards
Rish

Sunday, October 26, 2008

>1907 Bankers' Panic

The Panic of 1907, also known as the 1907 Bankers' Panic, was a financial crisis that occurred in the United States when the New York Stock Exchange fell close to 50 percent from its peak the previous year. Panic occurred during a time of economic recession, when there were numerous runs on banks and trust companies. The 1907 panic eventually spread throughout the nation when many state and local banks and businesses entered into bankruptcy. Primary causes of the run include a retraction of market liquidity by a number of New York City banks, loss of confidence among depositors, and the absence of a statutory lender of last resort.

The crisis occurred after the failure of an attempt in October 1907 to corner the market on stock of the United Copper Company. When this bid failed, banks that had lent money to the cornering scheme suffered runs which later spread to affiliated banks and trusts, leading a week later to the downfall of the Knickerbocker Trust Company—New York City's third-largest trust. The collapse of the Knickerbocker spread fear throughout the city's trusts as regional banks withdrew reserves from New York City banks. Panic extended across the nation as vast numbers of people withdrew deposits from their regional banks.

The panic would have deepened if not for the intervention of financier J. P. Morgan, who pledged large sums of his own money, and convinced other New York bankers to do the same, to shore up the banking system.When the chaos began to shake the confidence of New York's banks, the city's most famous banker was out of town. J.P. Morgan, president of the eponymous J.P. Morgan & Co., was attending a church convention in Richmond, Virginia. Morgan was not only the city's wealthiest and most well-connected banker, but he had experience with crisis—he helped rescue the U.S. Treasury during the Panic of 1893. As news of the crisis gathered, Morgan returned to Wall Street from his convention late on the night of Saturday, October 19. The following morning, the library of Morgan's brownstone at Madison Avenue and 36th St. had become a revolving door of New York City bank and trust company presidents arriving to share information about (and seek help surviving) the impending crisis


Morgan and his associates examined the books of the Knickerbocker Trust, but decided it was insolvent and did not intervene to stop the run. Its failure, however, triggered runs on even healthy trusts, prompting Morgan to take charge of the rescue operation. On the afternoon of Tuesday, October 22, the president of the Trust Company of America asked Morgan for assistance. That evening Morgan conferred with George F. Baker, the president of First National Bank, James Stillman of the National City Bank of New York (the ancestor of Citibank), and the United States Secretary of the Treasury, George B. Cortelyou. Cortelyou said that he was ready to deposit government money in the banks to help shore up their deposits. After an overnight audit of the Trust Company of America showed the institution to be sound, on Wednesday afternoon Morgan declared, “This is the place to stop the trouble, then."
As a run began on the Trust Company of America, Morgan worked with Stillman and Baker to liquidate the company's assets to allow the bank to pay depositors. The bank survived to the close of business, but Morgan knew that additional money would be needed to keep it solvent through the following day. That night he assembled the presidents of the other trust companies and held them in a meeting until midnight when they agreed to provide loans of $8.25 million to allow the Trust Company of America to stay open the next day. On Thursday morning Cortelyou deposited around $25 million into a number of New York banks. John D. Rockefeller, the wealthiest man in America, deposited a further $10 million in Stillman's National City Bank. Rockefeller's massive deposit left the National City Bank with the deepest reserves of any bank in the city. To instill public confidence, Rockefeller phoned Melville Stone, the manager of the Associated Press, and told him that he would pledge half of his wealth to maintain America's credit.

At the time, the United States did not have a central bank to inject liquidity back into the market. By November the contagion had largely ended, yet a further crisis emerged when a large brokerage firm borrowed heavily using the stock of Tennessee Coal, Iron and Railroad Company (TC&I) as collateral. Collapse of TC&I's stock price was averted by an emergency takeover approved by anti-monopolist president Theodore Roosevelt. The following year, Senator Nelson W. Aldrich established and chaired a commission to investigate the crisis and propose future solutions, leading to the creation of the Federal Reserve System.

Thursday, October 23, 2008

>Shipping companies analysis

Hi Friends,
Shipping companies are still struggling ,And are hit badly as the BALTIC dry index
continues to fall.

In my last post Baltic Index the nemesis of Shipping companies had clearly warned not to put any money in shipping companies till Baltic shows some support or upward bias,Since then the Baltic has fallen from 2900 to 1221 a whooping 1679 points.Side by side shipping companies continue to bleed.
In near term fundamentally nothing much looks diffrent from the present situation.So better watch out for BALTIC DRY INDEX for clues.

Saving money is making money in present situation.
Regards
Rish


>Ranbaxy Analysis

Ranbaxy the corrective 5 down is near its fag end the break below 240
confirmed its journey towards 200.
The assumption here remains simple wave 5 could be of traveling atleast the same distance
traveled by wave 1.

Anyone who likes Ranbaxy as a company should start investing from 200 onwards,Of Course buy in bits.Don't just buy in one shot.Ranbaxy would enjoy support of two countries INDIA as well as JAPAN.
"We are delighted to announce the realization of the global alliance with Ranbaxy. Two strong presences in innovation and the fast growing business of nonproprietary pharmaceuticals united, this hybrid business model will boost Daiichi Sankyo to achieve our goal to become a world-class pharmaceutical innovator, a global pharma innovator," Daiichi Sankyo President & Chief Executive Takashi Shoda said in a joint statement.
Can read more about it here Ranbaxy The Japanese MNC!!!
Previously posted Ranbaxy call Ranbaxy .

Regards
Rish

Wednesday, October 22, 2008

>Steel Sector

Current scenario: Government may impose import duty to avoid dumping by China..


Import duty on steel was removed and export duty was levied in April 08 to rein in inflationary pressures. Consequently,steel imports between April 08 and September 08 rose by 50% to about 3 mt as prices in China,


Thailand and Ukraine were ruling below domestic prices. With competitive pricing and slowdown in domestic demand, China's total steel exports globally rose to a record 7.8 mt in August 08. However, as international steel prices subsided, landed cost of imported Chinese steel dropped to $700/ton in India as against the domestic price of $750. China-based steel producers, backed by cheaper operating costs in met coal and power, have a significant price advantage over the domestic players.


There is a difference of $150 between Chinese and Indian domestic and export prices (Chinese domestic price is $600 and export price is $700, whereas Indian domestic and export prices are $750 and $850 respectively). Facing an overall economic slowdown, consumers are opting for cheaper Chinese steel, whose share in India's steel import basket surged from 10% in April 08 to about 48% in August 08.


To avoid large-scale dumping and protect domestic players, the government, responding to industry demands, may levy import duty to 15%, remove export duty (currently 15%) and reduce excise duty from 14.4% to 8%. There has been no capacity expansion in the past quarter with key players including JSW delaying the commissioning of their plants by over two months owing to current market conditions. Indian steel makers may have to cut production by 30% and continue to postpone expansion projects if the government does not act.

If govt responds favourably it would help domestic players more Sail and JSW steel ,Whereas it wont make much diffrence to Tata steel .The same CORUS which was once Tata steel's delight is haunting it.

Technically

Sail looks much better than Tata steel ,Sail looks like may take support near 80-85.
Tata steel looks like a wave extension case.A Close below 230 will target 200-180 atleast.
Plan your buys accordingly ,My views are for traders.

Regards
Rish



>Norway's oil fund to put $2 bn in India stocks

Norway's sovereign wealth fund plans to invest $2 billion in Indian stocks over the next three months, a Norwegian embassy official said on Wednesday.

"The deputy secretary general at the finance ministry (of Norway) said that sovereign wealth fund is going to invest $2 billion in Indian stocks," Lasse Johannessen, minister counsellor at the Norway embassy in Indian capital, said.

"This money is going to be invested from now until Jan 2009," he said, citing the Norwegian finance ministry official.

Johannessen said the fund would increase India's weighting to 0.94 per cent from 0.2 per cent in its overall portfolio.

Familiarly known as "the oil fund", the Government Pension Fund -- Global invests Norway's oil and gas wealth in foreign stocks and bonds. It is Europe's biggest equity investor.

Tuesday, October 21, 2008

>Amibroker Formula language (AFL's)

Hi Friends,
Uploading few more AFL's ,If you like them download them fast as
They get deleted after some time.These AFL's will work only with AMIBROKER
also you should know how to use them.
Here is the list


1 Head & Shoulders Pattern.afl

2 Pattern Recognition Exploration.afl


3 Woodie's Intraday CCI.afl



Regards

Rish



Monday, October 20, 2008

>Cash Rich Companies

Analysts at Société Générale are anticipating an increase in corporate mergers and acquisitions activity even amid the turmoil in the global markets, with companies using funds on their balance sheets to take advantage of targets’ low share prices.These firms have low share prices but plenty of cash on their books
Below table shows companies with low market cap than cash on books.



Companies with a strong net-cash position are in a position to benefit from greater visibility on the global economic situation and attractive valuations.

The Société Générale research said: “For those prepared to look through the haze, interesting opportunities may present themselves. Indeed, as access to capital tightens, competition for assets from competitors should dissipate and prices may fall.”

Regards
Rish

>Ranbaxy The Japanese MNC!!!

Ranbaxy Laboratories board of directors Monday approved a preferential allotment of shares warrants to Daiichi Sankyo Co. Ltd, leading to the Japanese drug firm acquiring a controlling 52.5% equity stake in the Indian drug maker.

Ranbaxy said it received INR35.85 billion ($736 million) from Daiichi Sankyo through the preferential allotment of shares and warrants. Daiichi Sankyo had offered to buy a controlling stake in Ranbaxy June 11, when Ranbaxy founders accepted an offer to sell a 34.8% stake to the Japanese company at INR737 a share.

The deal also involved an open offer to Ranbaxy shareholders at INR737 a share, which Daiichi Sankyo recently completed. Additionally, the deal included a preferential allotment of 46.26 million new shares and 23.83 million shares worth of new warrants to Daiichi Sankyo at INR737 a share. To date, Daiichi has acquired a 52.5% equity stake, comprising 220.69 million Ranbaxy shares - 92.52 million shares from the open offer, 46.26 million shares from the preferential allotment of shares, and 81.91 million shares from the company's founders.

"We (also) moved to transfer a substantial part of the (34.8%) founders' stake in Ranbaxy to Daiichi today. We expect to transfer the remaining 12%-13% stake in the next few days," Ranbaxy Chief Executive & Managing Director Malvinder Singh told Dow Jones Newswires. The deal will close once Ranbaxy's founding Singh family transfers this remaining stake to Daiichi.

Singh said Monday's stake transfer to Daiichi was done via an off-market transaction. Ranbaxy's founding family had to take the off-market route after it didn't get Indian regulatory approval for transferring the stake to Daiichi via block deals through the stock exchanges. "The substantial cash being infused by Daiichi Sankyo at this stage will be used to expand our business aggressively through the organic and inorganic routes," Singh said.

"We are delighted to announce the realization of the global alliance with Ranbaxy. Two strong presences in innovation and the fast growing business of nonproprietary pharmaceuticals united, this hybrid business model will boost Daiichi Sankyo to achieve our goal to become a world-class pharmaceutical innovator, a global pharma innovator," Daiichi Sankyo President & Chief Executive Takashi Shoda said in a joint statement.

"Ranbaxy will continue to operate as an independent and autonomous company and will closely cooperate with Daiichi Sankyo to explore and optimize the growth opportunities across the pharmaceutical value chain," the statement said.

Malvinder Singh will be appointed chairman of the board of directors in addition to his existing responsibilities as chief executive and managing director of Ranbaxy, the statement said, adding Singh will also become a member of the senior global management of Daiichi Sankyo.

Sunday, October 19, 2008

>Nifty analysis

What do all of the following items have in common?
a) A needle in a haystack
b) A diamond in the rough
c) A confident investor in the INDIAN stock market.

Answer: They’re all next to impossible to find.

This October month is by far worst month since 2003 where 1st wave started on monthly chart.
We have already lost 22% in NIFTY this month with still 7,8 trading days pending.
Stocks are falling like cards,No support looks solid enough to hold this avalanche.
The biggest stock RELIANCE which holds 12% weightage in Nifty fell 5-9% consistently for the last 2 weeks,Which ensured that any relief rally which came got fizzled out in few days.
A positive point here Bluechip falling signals bad days are numbered.

On chart RELIANCE looks like should give a corrective bounce within next 100-120 points fall.

Coming back to "NIFTY"

The monthly chart suggests we are in 4th wave
Since wave 2 was small in size and time expect 4th wave to be big in size(which it already is)
as well as time consuming,So thinking that we would be out of this soon would be futile.


This could be a nightmare for INVESTORS but delight for Traders.

INVESTORS would have to adapt to the present conditions,They cannot just buy and sleep.
once you get 20-50% take your profits or Trail them and wait for next opportunity.

New high looks elusive for next 1-2 years at least .

With this slowdown in place ,Companies would have to cut down on many expenditures.
And usually the scissor falls on marketing.
Due to which I feel online marketing + Advertising would be more viable.
Try to find companies which are directly or indirectly get influenced by this
Do let me know too :) write in comments.

Coming back to "NIFTY"

As we witnessed each rally got washed out in few days.
We end up making a new low every time a rally is fizzled.
In this process we are making lower highs and lower lows.
An ideal case for falling wedge.
So keep this in mind and lookout for such pattern.

As for the chart 2000 in NIFTY is the crude sl for this 4th wave as below that the whole assumption of our waves goes for a toss .

Before that 2550-2600 the 2006 june lows is a very good support level.

Even before that 3000-2800 band too looks promising . We will see in coming days how these levels react .

Regards
Rish