live mkt 10th april 2008

Those who are reading the blog and following instruction must have less worry in such market. RPL today perform good in volitile mkt, and anyone who will keep for 3-4 years will wealther like Ambani. Mkt overall is volatile, result season may give market some dirction but overall there will be more speculation then concreate rally, so donot flow with market, be patience and keep good stocks.
If rpl comes below 160, start buying, donot buy above 170-175

LIVE MKT 9TH APRIL 2008

Today also mkt may open on weak note. The market lacks exact birection and bulls are far away from mkt. Quarterly results are round the corner, but weak global situation will not give bulls upper hand. Dow closed 36points down yesterday , Nasdaq also ended at lower side. Better to wait in such situation and concentrate on particular share. I again mention these are situation where good shares are are cheif to buy.
Shares which will trade today with high volume will be orchid pharma, rpl, reliance. Heathcare indices may give some gain.

LIVE MKT 8TH APRIL 2008

Morning session-
After yestrdays broad based relly today mkt opened with very weak note and profit booking across the counters pull all indices in red.Major nifty and mid cap indices are trading at lower side.This is because the weak global clues. Asiam markets are also trading weak.
Major turnover counter seen to be RIL, ranbaxy, orchid chem, Ongc. Orchid is trading 10% higher at 228.20, as ranbaxys group company Sorlex pharma increased its stake to 11.39%. Orchid pharma is mainly API and bulk drug manufacturer.

Some figuers for Orchid pharma-(228.40 upby 21rs)
52 wk high low-328-105
PE-12.21 as on 04/04/08
EPS-14.68
NET PROFIT MARGIN-10.56
INVESTMENT BY MFS- YES

It will get correction in coming days. With compare to its peer group net profit margin of company is very low . Though PE is resonablly good return on investment will less, but safe company in its category. If it will compare to Divi's lab its profit margin stands at 26% and PE is43.

afternnon session-
Mkt will trade week for whole session as there is no push for bulls. Keep eye on portfolio shares and buy with each low

Buying tips for long term

Rpl- below 140

unitech-below250

indiabulls fin ser- buy between 350-450

dish tv buy below 40 lock in period atleast 3 years

DAYS ROUDUP-

As said in afternoon mkt ended in red.The major surprise is midcap scrips able to hold in positive note, and midcap index also enede at littlebit higher side. Stock of the day is Orchid pharma . On single news scrip had gain more than 15%. beware of such shares. In midcap rel cap able to regain in later trade.JP associate ended in red , good share , start buying below 200 level.

Rpl also ended in lower side but able to regain at lower level.

GLOBAL MARKET-

Today forein mkt opens with weak note. IMF report has been worrisome, and on global senario the situation might get worse.

Here is news from BBC AND IMF REPORT

Credit crunch costs '$1 trillion'

The International Monetary Fund (IMF) has warned that potential losses from the credit crunch will reach $945bn (£472bn) and could be even higher.
The IMF says that losses are spreading from sub-prime mortgage assets to other sectors, such as commercial property, consumer credit, and company debt.
It says that there was a "collective failure" to appreciate the risky borrowing by financial institutions.
And it warns that tough measures and government intervention may be needed.
The IMF's Global Stability Report warns that "despite unprecedented intervention by major central banks, financial markets remain under considerable strain, now compounded by a more worrisome macroeconomic environment, weakly capitalised institutions, and broad-based deleveraging."
The effects of the credit crunch are likely to be broader, deeper and more protracted than previously expected
IMF Global Stability Report
The IMF, which oversees the global economy, says that the effects of the credit crunch are likely to be "broader, deeper and more protracted" than in previous downturns, due to the "degree of securitisation and leverage in the financial system".
It blames lax regulation by governments and poor supervision by banks for allowing the situation to develop.
And it warns that national governments must prepare contingency plans "for dealing with large stocks of impaired assets" if "writedowns lead to significant negative effects on the real economy".
The report comes ahead of a gathering of world financial leaders at the IMF's spring meeting in Washington DC.
Who's to blame?
The report is sharply critical of banks and other financial institutions.
It says they were "too complacent" about liquidity risks - the problems that would happen if they ran out of ready cash - and too ready to rely on wholesale money markets and central banks to help them if they got into trouble.
And its says that there was a failure of banks' risk management systems to appreciate that the new "structured finance vehicles" that they used to offload their risky sub-prime investments were not really viable.
It says that the new instruments increased the danger of a "liquidity spiral" in which markets and institutions' funding problems reinforced each other.
And it warns that banks will have to concentrate on rebuilding their balance sheets by raising additional funds and limiting future lending.
Tougher regulation
The IMF says that financial sector supervision and regulation "lagged behind the rapid innovation and shifts in business models, leaving scope for excessive risk-taking" and says more fundamental changes are needed in the medium term.
But it warns against "a rush to regulate" which could stifle innovation and make the credit crunch worse.

The supervision of banks has been found wanting, the IMF says
However, it says that there should be tougher rules to stop banks putting assets off the balance sheet, and requiring banks to put aside more capital to protect against losses.
It points out that it is not securitisation itself, but "lax underwriting standards in the US mortgage market, the extension of securitisation into increasingly complex and difficult to understand structures based on increasingly lower quality assets", and low interest rates which led to a situation where "risks were insufficiently appreciated".
And it suggests that central banks will have to take into account worries about excessive asset prices, such as house price bubbles, when setting interest rates.
Government intervention
In recent days, both the US Treasury Secretary Hank Paulson and IMF boss Dominique Strauss-Kahn have both urged major changes in international and national financial regulation.
Last week, Mr Paulson proposed a major shake-up of the US system of financial regulation, giving more power to the central bank, the Fed, to intervene to rescue stricken banks and other financial institutions.
And on Monday, Mr Strauss-Kahn said that the need for public intervention to tackle the credit crunch at the global level was "becoming more evident" every day.
This, along with more intervention in the banking sector, would offer a "third line of defence", Mr Strauss-Kahn said.

LIVE MKT -7TH APRIL 2008

After opening market on week note , afternoono session sees to be much better. Nifty is trading at 4757 up more then 2%. Morning there is only few stocks , mainly bluechips were up, but in later trade most oif midcap also seen buying interest. We can expect good day. Global indices also trading in storng note.

BLUECHIPS IN DEMAND- ONGC trading on strongly, RIL is also in demand on diversification buzz

COMING WEEK GUIDELINE-7TH TO 10TH APRIL

Friends here are bad news coming one after another. Many saying recession is going , US economy is slowing down, and there is loomy picture oveall. Yesterday only BBC reported that 80,000 job cuts have been made in US. Areclor-Mittal office in France undre attack because of job cut by there own emplyee. All these news sugest worst is not over yet, and more to come. So i think market will loose substantially in coming week.
Suppose so called recession is there then following sectors which will badly hit- reality, IT, Automobile, banking. And somewhat safe sector can be- Capital goods, pharma, FMCG, Media, oil, Cement,
Good things which can be done-
!) So it is big opportunity to prepare ourselves for big purchase in coming months.
2)So first of all get modified your portfolio. Sell those stocks which you just buy because of rally and on short term tips.
3) keep all blue chip stock with good fundamental and higher operating profit, dosenot matter they are in loss or profit
4) keep eye on good stocks from differnt sectors, choose very god companies and start buying slowly
5) when all are selling , you should buy, so keep cash ready, as Warren buffet says.
6) kkep lock in period atleast 5 years which you are going to buy,
7) some good stocks are- Indiabulls, rpl, praj ind, Unitech, TTML, Relcap, jpassociates,
so study these stock if fill good return will be there then onle buy

LIVE MARKET-2ND APRIL 2008

Todays market cannot sustain its initial gian and ended almost in flat zone.Though there is positive sentiments for todays trading. Also there is positive developements from global side. Global indices also ended at higher level.Strong cues from global markets had boosted domestic bourses earlier in the day. US stocks rallied on Tuesday, 1 April 2008, after Lehman Brothers said it raised $4 billion in an offering of convertible preferred shares, which soothed fears it was heading for a fate similar to that of Bear Stearns. European markets, which opened after Indian market, were in green. Asian markets, which opened before Indian market Indian market, surged.
Sensex was up 96.49 points or 0.62% at 15,723.11, as per provisional closing. Sensex gained 92.85 points at day’s low of 15,719.47 hit in late trade. Sensex opened with an upward gap of 396.68 points at 16,023.30 and advanced further to hit a high of 16,236.70 in early trade. At the day’s high, the Sensex rose 610.08 points. It oscillated in a band of 517.30 points in volatile trade
The broader based S&P CNX Nifty was up 5.95 points or 0.13% at 4,745.50, as per provisional closing.
As i given the tip for Indiabulls in last some trading session, it has up today by almost 10% today and closed at 452.45. If it come below 400 start accumulating. In bullish market it will go upto 1000 level
todays share-
Today there is news from Welspun gujrath- that it had strted world class plate mill, which is its onlt third kind in the world. This is according to company's backward integration policy. This is very good future stock and i am following from 125 level, today closeed at 376 level Though its PE is high at 37.57 level , one can have in there portfolio. best buy is at below 300 level in such market.