15th june > @ 17412 > BULLS ENTER

[sudoku1]

Re: Sensex TECHNICALS

__,-"::::::::"=._,_@___
\______________________/ sails abv 13675 close.........

last close:10120

failure 2 move abv 13675 will result in sensex landing around 9k....


if just cutting CRR & int rates is the cure for the disease ( falling mkts).....& just by cutting if the mkts gonna rock 500 pts up daily....then RBI would happily cut it every week...


An Engineering Student To His peon:Bro,I Hav Got Degree,I Hav Got Knowledge,I Can Sit in Society. What u Have?

peon: I Have The Job !



Challenges come along, how u respond 2 them determines who u r, deep down inside, & everything u r going 2 b.........

 

[praveen taneja]

Re: Sensex TECHNICALS

Sir why u stop writing about nifty ??????????? let this ship here n start another thread of motor boat with nifty ?? is not it ok.

 

[sudoku1]

Re: Sensex TECHNICALS

Sir why u stop writing about nifty ??????????? let this ship here n start another thread of motor boat with nifty ?? is not it ok.

thanks.
but as i have told earlier that tracking another asset on a regular base with daily ,weekly, monthly qtrly & yearly data is a cubersome process for me...though i m behind it 2 find a short method but no sucess as yet......

how cubersome?

There is bus with 7 girls
Each girl hs 7 bags
Each bag hs 7 cats
Each cat hs 7 rats
Hw many legs total inthe bus?

 

[sudoku1]

Re: Sensex TECHNICALS

__,-"::::::::"=._,_@___
\______________________/ sails abv 13675 close.........

last close:10120

failure 2 move abv 13675 will result in sensex landing around 9k....

whether OBAMA proposes or disposes.....whether RBI cuts or increases.....no respite in world financial mkts till 13675 is not taken out.....


Success will never lower its standard 2 accommodate us, We've to raise our standard 2 achieve it!


th long lasting bulls of 2007....

Wo humsafar kya hue jo safar chod gaye,
bina ksur dosti k rishte tod gaye.
Wo kabhi humko to yad karte nahi,
per........ hum unko bhul pate nahin.....

 

[sudoku1]

Re: Sensex TECHNICALS

__,-"::::::::"=._,_@___
\______________________/ sails abv 13675 close.........

last close:9734

failure 2 move abv 13675 will result in sensex landing around 9k....


Never get Discouraged,bcoz nothing gr8 is achieved without Patience & Hope...Remember:"It is often the Last Key in the Bunch that Opens!"



Briteesh rooled avar phor meni ears. Dhey destroid avar kalchar. So wot.?
Let as destroi dher langvage lyke dis......
tale eat tu aal yor phrends .........

 

[sudoku1]

Re: Sensex TECHNICALS

Mutual funds: A brewing scam?

The next (if not current) big story is the possible collapse of many Indian mutual funds. As usual, the victims are hapless retail investors...........

Forget about equity funds, many of which are heading 2 extinction in the current stock market crash............

This is about fixed income MFs the sort that r supposed 2 b risk-free, investing only in bank certificates of deposit & the best commercial paper. With the Government exempting income from MFs from tax, it seemed a better option than taxable bank deposits, for the same risk........



cont'd.......................

 

[kumark]

Re: Sensex TECHNICALS

Hi Sudoku,

From where u r getting these info's ?

Regards

Kumar

Mutual funds: A brewing scam?

The next (if not current) big story is the possible collapse of many Indian mutual funds. As usual, the victims are hapless retail investors...........

Forget about equity funds, many of which are heading 2 extinction in the current stock market crash............

This is about fixed income MFs the sort that r supposed 2 b risk-free, investing only in bank certificates of deposit & the best commercial paper. With the Government exempting income from MFs from tax, it seemed a better option than taxable bank deposits, for the same risk........



cont'd.......................

 

[sudoku1]

Re: Sensex TECHNICALS

Hi Sudoku,

From where u r getting these info's ?

Regards

Kumar

U want & U wait
that's Time,

U want but U compromise
that's Life

U want but U Sacrifice
that's LOVE..

& i get & give...
thats the source...........

 

[sudoku1]

Re: Sensex TECHNICALS

Mutual funds: A brewing scam?

The next (if not current) big story is the possible collapse of many Indian mutual funds. As usual, the victims are hapless retail investors...........

Forget about equity funds, many of which are heading 2 extinction in the current stock market crash............

This is about fixed income MFs the sort that r supposed 2 b risk-free, investing only in bank certificates of deposit & the best commercial paper. With the Government exempting income from MFs from tax, it seemed a better option than taxable bank deposits, for the same risk.......



cont'd.......................

cont'd..........................................................

Thinking they only had liquidity problems but prime assets........ the RBI innocently announced it would offer a repo line 2 MFs through banks. That was when the cat came out of the bag! The repo window drew bids of just a fraction of its size, clearly showing distressed MFs held little of repo-eligible assets - the bank CDs, which the RBI was willing 2 bridge finance.

It turns out that many liquid, money market & debt funds have put their money not in 1st class manufacturing companies with established businesses & credit histories........... but......... real estate ventures creatures of the recent boom in the sector with untested managements & stuck with plenty of unsaleable semi-finished projects. In present market conditions, they r obviously in no state 2 retire their liabilities to MFs.



How did they get there? On paper, the stricken MFs have invested only in AAA paper. But the AAA label is not what it used 2 be.

Predictably, there r loud & powerful voices pleading, demanding a bailout.

The IBA too (strangely) has added its pennys worth as has the ICICI Bank Chairman, Mr K.V. Kamath.

If this is agreed to, the RBI will, in effect, repo junk, toxic whatever u call them MF assets & may still have 2 b done for the nowadays familiar systemic risk argument. Of course, it will be justified saying even the US Fed is doing it.

Considering whats happened (whoever imagined debt funds could go belly up), it is fortunate that provident & pension fund reforms stalled. They propose investing in equities 2 improve returns.

v must thank our stars for the (much criticised) delay. Otherwise, v might have had the spectre of hot shot fund managers losing in short order the lifes savings of millions of ordinary people in the market crash.

That would have been 10s of thousands of crores of rupees bill for the Government................

 

[sudoku1]

Re: Sensex TECHNICALS

__,-"::::::::"=._,_@___
\______________________/ sails abv 13675 close.........

last close:9734

failure 2 move abv 13675 will result in sensex landing around 9k....


Tip of the Day:
LIFE is like a Cigarette ,

Enjoy it...........or

Sulag to rahi hi hai,

Khatam bhi ho hi jayegi..