Dear All
In every business we respect each and every thing either it is stock, books, rawmaterial, vendors, etc but how much respect we do our terminal when we buy and sell shares in stock market...
90% people doesnot respect the market............ thaen how market will respect you...??????
Friday, July 30, 2010
Sunday, May 2, 2010
Stock Market
Dear Frnds
I would like to tell everybody that pls once u attend the course of Himanshu Shaah
He is taking seminars on "Friendship with Market" one of the best valuable seminar
I had attended
Thanks
I would like to tell everybody that pls once u attend the course of Himanshu Shaah
He is taking seminars on "Friendship with Market" one of the best valuable seminar
I had attended
Thanks
Saturday, February 27, 2010
Stock Market
Market up by 150 Points .... is enough..???
The FII and punters are absent from market.....
FII has not buy a single penny stock from 01-01-2010
so... until the FII not start buying major upward trend is still very rare....
at every rise bear will sell rather than bulls offloading....
Indian Market cant be untouched by international market.
Europe is still under tremendious pressure.
till that no hope for Indian Market
The FII and punters are absent from market.....
FII has not buy a single penny stock from 01-01-2010
so... until the FII not start buying major upward trend is still very rare....
at every rise bear will sell rather than bulls offloading....
Indian Market cant be untouched by international market.
Europe is still under tremendious pressure.
till that no hope for Indian Market
Market After Budget
The budget presented after keeping in mind for 3.5 Cr People who are filing returns.
But what for the rest of 106.50 Cr people who are below the tax limit.
though industries say it is good budget but.... i have differ view on this.
Releif given to tax payer maximum of Rs. 45000/- but by increasing the rate of Petrolium., vehicles, and the infltaion (which will rise) so how much will remain in hand...... Nothing ..... It would be better if they would have not change the tax structer.
The Change in Tax Slab is nothing to work as from 01-04-2011 Tax Code is coming where income upto Rs. 1000000/- will attract Tax Rate 10%
But what for the rest of 106.50 Cr people who are below the tax limit.
though industries say it is good budget but.... i have differ view on this.
Releif given to tax payer maximum of Rs. 45000/- but by increasing the rate of Petrolium., vehicles, and the infltaion (which will rise) so how much will remain in hand...... Nothing ..... It would be better if they would have not change the tax structer.
The Change in Tax Slab is nothing to work as from 01-04-2011 Tax Code is coming where income upto Rs. 1000000/- will attract Tax Rate 10%
Thursday, February 25, 2010
Stock Market
A million dollor question
What will happen after budget ....... will market get upward momentum
or will get downward momentum
My Prediction
Nifty -- Last Close 4858
4 % Correction lead to close near its short term barrier of 4665.00
it should not be break ... break below will take it to 4208
non stop
while good budget will take it to Max 4925-5010-5110
Budhet will be + for following sector
What will happen after budget ....... will market get upward momentum
or will get downward momentum
My Prediction
Nifty -- Last Close 4858
4 % Correction lead to close near its short term barrier of 4665.00
it should not be break ... break below will take it to 4208
non stop
while good budget will take it to Max 4925-5010-5110
Budhet will be + for following sector
BUDGET some interesting fact
Some interesting facts about budget
R K Shanmukham Shetty presented independent India`s first budget.
Till date, Morarji Desai has had the longest tenure as FM, 8 years.
Desai was FM for 5 years under Nehru and 3 under Indira Gandhi.
Morarji Desai presented two Budgets on his birthday - in 1964 and 1968.
C.D. Deshmukh was the first Indian Governor of RBI to have presented the Interim Budget for 1951-52.
Jaswant Singh was FM for 13 days.
During Jaswant Singh`s regime, Enron got counter-guarantee.
Initially, budget papers were printed in Rashtrapati Bhavan. In 1950, budget papers were leaked. This changed the printing venue to Minto Road located security press.
Since 1980, budget papers are printed in North Block.
A week before the budget is presented, the employees of the press stay in the ministry and have no means of communicating with the outside world.
The Budget process has its roots in the Bombay Plan of 1944. Bombay Plan was authored by John Mathai, GD Birla & JRD Tata.
Revenue deficit is excess of revenue expenditure over revenue receipts.
Revenue expenditure doesn`t result in capital formation (subsidies, salaries).
Revenue receipts is money that Govt doesn`t have to return (duties,taxes).
The government can borrow from three sources. From the market, small saving deposits & from PSU banks.
The govt borrows from the market 3 to 4 times annually Plan Expenditure is the Budget allocation to fulfill 5-yr Plan obligations.
Plan Expenditure creates new assets for economy.
Total Plan Expenditure in 5 yrs should match allocation for a 5-yr Plan.
Total Plan expenditure in 5 years has always been lower than target .
The 1991-92 final and interim Budgets were presented by Finance Ministers of two different political parties. While Yashwant Sinha presented the interim budget, the final budget was presented by Manmohan Singh.
The 1965-66 budget contained the first disclosure scheme for black money.
Jawahar Lal Nehru was the first Prime Minister to present the budget when he held the Finance portfolio in 1958-59.
R Venkataraman was the only Finance Minister who later became the President of India.
Three interim budgets were presented in the 1990s. While Yashwant Sinha presented the interim Budgets for 1991-92 and 1998-99, Manmohan Singh presented the 1996-97 interim Budget.
The precedent for the convention of the budget speech beginning at 5:00 pm was set by Sir Basil Blackett in 1924. According to him, this was done to give some relief to officials who worked all night to present a financial statement. He also felt that this would give traders an opportunity to study the announcements overnight instead of in the middle of a busy day.
P Chidambaram rewrote India`s Exim Policy in one non-stop eight-hour sitting in July 1991, when he became the Commerce Minister.
Bureau Report
R K Shanmukham Shetty presented independent India`s first budget.
Till date, Morarji Desai has had the longest tenure as FM, 8 years.
Desai was FM for 5 years under Nehru and 3 under Indira Gandhi.
Morarji Desai presented two Budgets on his birthday - in 1964 and 1968.
C.D. Deshmukh was the first Indian Governor of RBI to have presented the Interim Budget for 1951-52.
Jaswant Singh was FM for 13 days.
During Jaswant Singh`s regime, Enron got counter-guarantee.
Initially, budget papers were printed in Rashtrapati Bhavan. In 1950, budget papers were leaked. This changed the printing venue to Minto Road located security press.
Since 1980, budget papers are printed in North Block.
A week before the budget is presented, the employees of the press stay in the ministry and have no means of communicating with the outside world.
The Budget process has its roots in the Bombay Plan of 1944. Bombay Plan was authored by John Mathai, GD Birla & JRD Tata.
Revenue deficit is excess of revenue expenditure over revenue receipts.
Revenue expenditure doesn`t result in capital formation (subsidies, salaries).
Revenue receipts is money that Govt doesn`t have to return (duties,taxes).
The government can borrow from three sources. From the market, small saving deposits & from PSU banks.
The govt borrows from the market 3 to 4 times annually Plan Expenditure is the Budget allocation to fulfill 5-yr Plan obligations.
Plan Expenditure creates new assets for economy.
Total Plan Expenditure in 5 yrs should match allocation for a 5-yr Plan.
Total Plan expenditure in 5 years has always been lower than target .
The 1991-92 final and interim Budgets were presented by Finance Ministers of two different political parties. While Yashwant Sinha presented the interim budget, the final budget was presented by Manmohan Singh.
The 1965-66 budget contained the first disclosure scheme for black money.
Jawahar Lal Nehru was the first Prime Minister to present the budget when he held the Finance portfolio in 1958-59.
R Venkataraman was the only Finance Minister who later became the President of India.
Three interim budgets were presented in the 1990s. While Yashwant Sinha presented the interim Budgets for 1991-92 and 1998-99, Manmohan Singh presented the 1996-97 interim Budget.
The precedent for the convention of the budget speech beginning at 5:00 pm was set by Sir Basil Blackett in 1924. According to him, this was done to give some relief to officials who worked all night to present a financial statement. He also felt that this would give traders an opportunity to study the announcements overnight instead of in the middle of a busy day.
P Chidambaram rewrote India`s Exim Policy in one non-stop eight-hour sitting in July 1991, when he became the Commerce Minister.
Bureau Report
Saturday, January 30, 2010
Good Work beyond state.......?????
Tuesday, January 26, 2010
Madhya Pradesh CM distributes houses among Tsunami victims in Nagapattinam
Sunday, January 24, 2010,10:13 [IST
Source: One india
Chennai, Jan.24 (ANI): In a magnanimous gesture, Madhya Pradesh chief minister Shivraj Singh Chouhan on Sunday distributed around 340 houses among the Tsunami survivors in Tamil Nadu's most affected Nagapattinam district.
On Saturday, Chouhan handed over the keys of around 340 houses built for Tsunami survivors in Nagapattinam district and said it cost around 253,000 rupees per house.
"We have built around 340 houses for tsunami affected people of Tamil Nadu in Nagapattinam district. Today, we feel fortunate to have come here and dedicate the houses to the people who survived the tsunami," said Madhya Pradesh CM Chouhan.
The tsunami housing project of Seva Bharati, a non-governmental organization, was constructed with the support of 94.3 million rupees from the State government of Madhya Pradesh.
"Whether it is north, south, east or west, we are all sons and daughters of our mother India. We share our happiness and sorrows with each other and therefore it is our duty to help each other when a natural calamity hits any state. I feel fortunate to have been able to help those families who were devastated after the Tsunami," Chouhan said.
The project for building houses for the victims was started in 2006 and was executed by Seva Bharati, under the supervision of Housing and Urban Development Corporation Limited (HUDCO). The state government of Tamil Nadu provided over nine acres of land for this project.
The giant tsunami waves, triggered by a powerful earthquake that in all killed over 230,000 people across Asia and Africa. It swept across southeastern and southern coast, killing 12,405 people and leaving millions homeless.
India was among the most severely hit by the Tsunami, with a death toll of more than 7,400 in southern Tamil Nadu alone. The tsunami also made 1.8 million homeless.
A 9.15 magnitude undersea earthquake off Sumatra Island, the strongest in four decades, triggered the tsunami, which smashed into shorelines as far away as East Africa. (ANI)
Madhya Pradesh CM distributes houses among Tsunami victims in Nagapattinam
Sunday, January 24, 2010,10:13 [IST
Source: One india
Chennai, Jan.24 (ANI): In a magnanimous gesture, Madhya Pradesh chief minister Shivraj Singh Chouhan on Sunday distributed around 340 houses among the Tsunami survivors in Tamil Nadu's most affected Nagapattinam district.
On Saturday, Chouhan handed over the keys of around 340 houses built for Tsunami survivors in Nagapattinam district and said it cost around 253,000 rupees per house.
"We have built around 340 houses for tsunami affected people of Tamil Nadu in Nagapattinam district. Today, we feel fortunate to have come here and dedicate the houses to the people who survived the tsunami," said Madhya Pradesh CM Chouhan.
The tsunami housing project of Seva Bharati, a non-governmental organization, was constructed with the support of 94.3 million rupees from the State government of Madhya Pradesh.
"Whether it is north, south, east or west, we are all sons and daughters of our mother India. We share our happiness and sorrows with each other and therefore it is our duty to help each other when a natural calamity hits any state. I feel fortunate to have been able to help those families who were devastated after the Tsunami," Chouhan said.
The project for building houses for the victims was started in 2006 and was executed by Seva Bharati, under the supervision of Housing and Urban Development Corporation Limited (HUDCO). The state government of Tamil Nadu provided over nine acres of land for this project.
The giant tsunami waves, triggered by a powerful earthquake that in all killed over 230,000 people across Asia and Africa. It swept across southeastern and southern coast, killing 12,405 people and leaving millions homeless.
India was among the most severely hit by the Tsunami, with a death toll of more than 7,400 in southern Tamil Nadu alone. The tsunami also made 1.8 million homeless.
A 9.15 magnitude undersea earthquake off Sumatra Island, the strongest in four decades, triggered the tsunami, which smashed into shorelines as far away as East Africa. (ANI)
Friday, January 29, 2010
Market
After down from 5275 to 4755 nearly deep of 510 points it can reverse up to
170 points .... 33 % retrechment means 4755+170 = 4912 to 4925 max .... above 4925 flare up to 5080 to 5090 ... but crossing of 4925 is now little dificult.......wait
170 points .... 33 % retrechment means 4755+170 = 4912 to 4925 max .... above 4925 flare up to 5080 to 5090 ... but crossing of 4925 is now little dificult.......wait
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