Stocks To Keep A Close Eye On

[swati23]

Thanks Veluri So...when should I expect you to transfer all your funds to my account?

Hi..Swati23,

This link is exclusively for you. Donot let others see it.

http://www.traderji.com/books/36263-pearls-come-into-my-trading-room-elder-alexander.html#post393767

 

[gauharjk]

"This is a good sign, having a broken heart. It means we have tried for something."

— Elizabeth Gilbert (Eat, Pray, Love)

 

[gauharjk]

‎"A philosopher who seeks to discover the key to man’s survival in the undeniable truth that A is A, an economist who seeks to demonstrate the superiority of capitalism by deducing it from that same truth, a moralist who defines the path to virtue as following from a single axiom—existence exists, and, in addition to all this, a novelist who makes the best-seller list of the New York Times."

-Bruce Goldberg

 

[gauharjk]

‎"There are two ways to surround yourself with people like you. One is to meet them; the other is to make them. If you're average, meeting people like yourself is easy; If you're weird, it is hard. But fortunately, as the parent-child correlation rises, weirdos' odds of making people like themselves get better and better. As your weirdness increases, so does your incentive to have kids."

-Bryan Caplan

 

[gauharjk]

‎‎"When it comes to politics, women are either totally dull or crazy. Liberal girls are generally bitchy and demand total ideological agreement from their men. If you don’t have the balls to articulate why your beliefs are better, prepare to be emasculated.They make hyper-emotional arguments bordering on the insane. Political women who aren’t nuts are unbelievably boring, which is just as bad."

-Ferdinand Bardamu

 

[SavantGarde]

Gauhar,

Banks... will not remain..as soft as you or others think....
RBI will most things unchanged....

Public watching the channels are conditioned to Understand... when a bank increases rate by 0.5% or or whatever quantum... but it was always expressed in percentage for Lending & Borrowing (Deposits)

Now there is something called BPLR (Benchmark Prime Lending Rate) which the banks have already increased which means people borrowing will need to borrow at higher rate BPLR+X% depending on the type of loan one avails of.

But the deposit rates are still expressed in the old way in percentage terms....which people are conditioned to understand..and think it is negative for the banks....of course Subbarao's little tirade didn't help either...

People forget Subbarao's comment came after the banks had announced the increased Benchmark for lending..but no increase in the deposit rates hence the Governor was forced to make the comment about Banks will need to increase deposit rates....after which we had slew of Banks announcing the same...

NF I had given as 5635 from earlier projection of maximum 5400 having noticed quite a bit Long term money getting deployed mid November...
Perhaps 5635 is not be...and 5800 should be where the trend will change.

Anyways lots of things are going to change in our country starting next year for next couple decades.....

Nitin Nohria becoming Dean of Harvard was a very well planned move...by the few who are bent upon to see the world they want to....

Strauss-Kahn's visit to India was not an accident....

Having almost completed the work in Europe of asingle currency and a single zone....

Next in the plan is Asia... so watch for IMF & WB chief's from Asia...One of them Chief's will definitely be from India....

Uniqueness of the future chief's will be that they will have a background either from Harvard, Oxford or Cambridge...distant possiblity but could from one the Biggies from U.S. ....

Anyways, enough of the diatribe.......

All the Best & Enjoy the Trades on Tuesday.... I will perhaps dart in and out...have somethings... which also was the reason why I could spend very little time on Monday....

Happy & Safer Trading

SavantGarde

SG sir,

Rajputz sir pointed out to 2 hanging mans in a row. Banks are likely to remain soft for some more days... possibly more selloff this week. A Gap down opening tomorrow would shake up the market.

You had predicted Nifty 5635 level in December. Does this target still stand? Or is Nifty 5900 the new base and we see Nifty 6300 by December end?

 

[trader_man]

This query is for everybody except Maxine

What is the expanded form of BG ?

SavantGarde

Brother Goofy

 

[shinchan]

SG.

Indian banks have moved away from PLR system w.e.f. 1st July 2010 to Base rate system.

I am not contradicting your other comments.

 

[gauharjk]

Thank you SG sir for clarifying what is happening. TV channels are still harping on over-valued bandwagon. Amreesh Balinga comes on TV and says Nifty should be at 5200-5400.

But now, I am just as bullish as you and Raunak sir are. 5800 is the new 5400...

BTW, its my birthday today. I turn 25 today...

Cheers to all and Happy Trading...!

 

[veluri1967]

Thanks Veluri So...when should I expect you to transfer all your funds to my account?

Its spilled over here and there. Will let u know as soon as pooled up. By the way, why me only? Anyway, I will be glad to see you as my funds manager, SG being unanimous president (Hope this would not add to SG's headaches)