Monday, September 26, 2005

Sexy!!! Sensexxxxxxx!!!...is India Shining???

Hmm.after that huge correction..today the market is back to its skyrocketting form!..Nifty up by about 80 points...!...experts say it will soon touch 10k..atleast before the new year..i hope that comes true...Its cos of the foreign institutions thers huge cash flow but ..what if they stop doing so...i think thats the end of this bull run....
Sensex touching new highs day by day ...does this really depict our indian economy... The other day i read in BT..they ranked India 55 in Global competitiveness.. its because there is no alround development ..factors like infant mortality..child education all are affecting our growth...i was shocked to read... that around 85% drop out of school...Theres one article in BT which is really interesting..i think its better i put it here in this blog so that my NRI friends over there who dont get a chance to read this will get to know this......
$300 billion : Estimate of hurricane Katrina's toll on the treasury,equal to what it cost the US to fight wars in Afghanistan and Iraq
30Kg: Per capita steel consumption in India, This compares with an average of 200Kg in China and 900 Kg in Korea
20 Million barrels a day: US consumption of oil if lined up in 1-gallon cans this volume would encircle the earth at equator almost 6 times..
90%: Proportion of children between 6 and 14 who enrol in schools in India, 75% of those enrolled drop out by 8th grade..and 85% quit by 12th..
100 Number of commands in the first version of MS word. The 2003 version has more than 1500 commands and 35 tool bars...

This one is the best...!!!
27: The number of signatures needed by Indian companies seeking to export. It requires just 5 signatures in US and 3 in Japan.

I'm disclosing my portfolio
Amtek Auto
Glenmark Pharmaceuticals
TCS
ITC
HPCL
IDFC
Gujarat Ambuja Cements
Mysore Cements
Centurion Bank
JCT elec

The last three are penny stocks ...Of all JCT Elec is the worst pick...These penny sticks are highly unreliable...they can crash any day...they are managed mostly by the manipulators...some of them perform well...they are some scrips which have shown 1000%gains...so one should be very careful when trading in these stocks...

Sunday, September 25, 2005

!!

Last week was very bad.....Huge correction..sensex fell below 260 odd points...my portfolio showed only Red...But i think its better be invested than come out of those ..cos sensex is surely goin to touch 10000mark in near future... last time i applied for Sasken IPO didnt get any..same was the story with Talbros...for one full month about 40k was blocked couldnt do anything...I think its better not apply for those cos any way not goin to get them..just tried my luck with Southern Online Biotechnologies..i think even this will be the same story...
This sunday's mock was again bad..hmm not getting time to study also..i'll take leave from mid october...and slog for one full month...thats it...

Monday, September 19, 2005

Whats there in a title...............

This blog is after a long time……hmm …Last week was very busy with work in office.. no time to study also….last Sunday’s mock was a disaster… One thing I’ve observed .. I never crossed verbal cutoff till date .. and last mock cat verbal was again the worst section . All 2 mark quests I attempted went wrong. There were arranging questions for 2 marks, instead of reading those lines I tried to spot answer by just looking at the pattern and that’s it all gone wrong, thank god they went wrong otherwise I will definitely try this in main exam , there cant afford such mistakes…
Quant was OK…but I think every one would have felt like that.. OK this reminds me again that I should study atleast from now .
Ok in the below graph if you see. The most interesting thing is the LA (Logic ability) .
And RC is like my cardiogram…


Now the most interesting thing. Last week I bought Glenmark Pharma 25@285 and currently its trading at 350 hope it goes up am putting sell order at 360. People say it’s a long term investor’s buy. I bought Amtek Auto 265/- currently its trading 305/- , TCS at 1395/- , Gujarat Ambuja at 30@73/- (Rasoni’s suggestion), HPCL at 310/- All seem to go up.
I bought this scrip Centext at 7.23/- and sold it at 8.68… If it comes back to 7/- am goin to buy this again.
The biggest mistake I’ve done is buying sasken at 470/- on the very first day when it got listed now regret for what I’ve done.. learnt a good lesson.
Thers another scrip JCTele because of some wrong info I bought it at 12.5/- this is trading at 11.5.. I should come out of this two soon ….worst picks…
This week there is a new IPO Southern online Bio technologies.. thinking whether to buy this one or not. Last week Amar remedies was listed double it IPO…that was instant profit.. cant say anything…can happen.. HT media went below its IPO…

Ok I think this much is enough for two more weeks…. Till then keep checking my blog… I put the nifty graph at the top of my blog so can use my blog as an alternative to http://nse-india.com



Don’t ask me y I put this pic…I love this one .. this is my desktop wallpaper.

Monday, September 05, 2005

Goof up!!!!!!!!!!!!!!!

Hmm .. After a longtime. one good Monday ..yesterday wrote this Mock CAT...felt it was not a bad one unlike the ones i gave till now.... hope a better performance next week...
….
I guess by now everyone might have applied for CAT and IIFT as the last day is already over......i did major goofups while posting both the App forms.. I posted the CAT form on August15th itself ..that was too early ..Thers a section in the form where we fill in the course we are going to opt for in the specific IIM..by default it is the regular two year program which has no extra charges..so ppl fill that...but i thgt whats harm in filing the others and i filled for the PGDCM course in IIM calcutta in addition to the regular... posted the envelope ... was elated that i was the first in posting the Appl form...the following weekend in our class..one nerd fukker asked me whether i filled for PGDCM...I in total bindaas tone said.....'Yes' i applied for that and was giving him free fundaes about the course...after listening to the whole story he gave me shock of my life...saying a DD of 600bucks and an additional form is to be sent along with the app form if we apply for that course...thats it...i was back to normal...totally scared about whats gonna happen …all the time during class i was thinking ..how to go about ..then i decided to call IIMB.....then i rushed back home took out the brochure and was happy to see that the form and DD can be sent to IIMC any time after this main application and the last date for this is Nov 18th.......was very happy....
ok the next one is highlight....

IIFT... Along with Appl form and DD we are supposed to put two self addressed adhesive labels.The appl form filling and getting a DD took around two days..but for the labels it took 10 days...as there was no stock ..finally on august29th we got a sheet ..the last day was 5th sep so there was enough time ....my friend asked me to post his form also ....he gave me his labels,dd and app form.. I took two office envelopes (:was lazy to buy:).and packed them all.... I asked my dad to post the letters for me.. My dad seeing the office covers asked me post in normal covers as it will not be good to do that... I went out to get covers but couldn’t get them ..then dad said he’ll fill that for me ..i was happy ..tore opened the envelope and put all its contents out in a shelf…the two labels were lying flat on the shelf .. when my dad put the forms in envelopes he didn’t see the labels... ok it was my mistake not telling him about the contents..…then my dad posted the forms… I was happy that both the forms were posted. .. the next day morning I discover that the two labels were still lying in the shelf….and thats it again tension…...all these days I wasted time just for those two labels finally they were of no use…. then I told my friend about this ..he was totally cool…that added to misery…I called up IIFT immediately ..after a lot of struggle finally got the line…..and they said that they’ll take care of the labels ..
so once again saved……

I am fed up with this ICICI direct…very bad service…at the point of time when u want to buy or sell shares the net goes down…the scrips which can be traded are very few…not all can be traded…I am trying this 5paisa.com got a good feedback on that one….Sensex is skyrocketing. .today at one point of time it was 7980..and Nifty at 2440…hmm am happy that TCS is falling…I want it to reach 1320….then I’ll buy back those ten which I sold at 1355….



I am waiting for this Sasken’s listing.. that day I’ll experiment Marginal trading…