| Proposed action for tomorrow's trade | None |
| Today's action | Buy 4 CHENPETRO, 10 TNPL & 20 ARVINDMILLS |
| Famex | 10848 |
| News for today : 1 : | Wall Street rallied Wednesday after better-than-expected quarterly results from JPMorgan Chase and two other Dow Jones industrials raised investors' hopes that companies and the economy are indeed recovering from the protracted global credit crisis. The Dow rose more than 250 points as investors shrugged off any concerns about oil passing $115 a barrel for the first time. |
| News for today : 2 : | By Sajeet Manghat/CNBC-TV18: The Stock selling, lending, and borrowing mechanism kicks in on April 21 on both exchanges. All classes of investors would be allowed to short sell. Institutions will not be allowed to indulge in day trading, but they will have to come out and say whether they want to short sell or it’s a normal trade. Retail investors will have the option of disclosing their trades as short sell by the end of the day. |
| Stock Barometer | 2 - Up |
| Strategy for today : | Accumulate good shares |
| Quote for the day : | We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful. ~Warren Buffett |
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Thursday, April 17, 2008
markets regaining grounds ?
Wednesday, April 16, 2008
while the good news hits the market
| Proposed action for tomorrow's trade | Buy CHENPETRO and TNPL |
| Today's action | Search for Valuable Shares |
| Famex | 10848 |
| News for today : 1 : | Wall Street closed an erratic session moderately higher Tuesday after investors sorted through a mixed batch of data that included a rebound in New York manufacturing, signs of rising inflation and uneven first-quarter earnings. The market also had its eye on the rising price of crude oil. |
| News for today : 2 : | Abhijit Chakraborthy, Institutional Equity � Sales at Edelweiss has a view that Infosys� numbers have been mostly inline and guidance is also broadly what the market was estimating. Having said that, in the immediate quarter and next quarter, there is not going to be much growth in terms of revenue and bottomline, he says. |
| Stock Barometer | 2 - Up |
| Strategy for today : | Accumulate good shares |
| Quote for the day : | You can never predict when that unknown torpedo will come out of the dark and smash the price of a stock. ~Ralph Seger |
Tuesday, April 15, 2008
searching for correct valuations
| Proposed action for tomorrow's trade | Search for Valuable Shares |
| Today's action | Search for Valuable Shares |
| Famex | 10848 |
| News for today : 1 : | NEW YORK (AP) -- Stocks finished a quiet session moderately lower Monday as investors grappled with concerns about the health of corporate profits. |
| News for today : 2 : | R Sukumar of Franklin Templeton said the markets will see more declines than advances. "Another 10% downside cannot be ruled out from current levels. News flows will remain negative from a fundamental perspective." |
| Stock Barometer | 3 - volatile |
| Strategy for today : | Watch the Macro movement of the market. |
| Quote for the day : | If all the economists were laid end to end, they'd never reach a conclusion. ~George Bernard Shaw |
Friday, April 11, 2008
sitting on cash
finally we have executed what we planned to do long back ... we are now sitting on a cash of 10783.4. the further investments should be very careful and only after proper research.
| Date | Scrip | Price | Buy Qty | Value | Prsnt Qty | M Price | M Value | % Growth | Brokerage | Service Tax | P/L |
| 5-Apr-06 | BHEL | 2347 | 1 | 2347 | 2 | 1779.5 | 3559 | 52 | 17.7 | 0 | 1194.3 |
| 9-Jan-08 | SUZLON | 2242 | 1 | 2242 | 5 | 291 | 1455 | -35 | 11.1 | 0 | -798.1 |
| 23-Jan-08 | BHEL | 2114 | 1 | 2114 | 1 | 1779.5 | 1780 | -16 | 11.7 | 0 | -346.2 |
| 23-Jan-08 | BHARATFORG | 294.5 | 4 | 1178 | 4 | 276.8 | 1107 | -6 | 6.9 | 0 | -77.7 |
| 12-Mar-08 | NTPC | 197.5 | 15 | 2962.5 | 15 | 185.3 | 2780 | -6 | 17.2 | 0 | -200.2 |
| Total (+cash) | 11011 | 10848 | -1.5 | 64.6 | -227.9 | ||||||
| Capital | 10783.4 | ||||||||||
| 40% | 4339.1 |
Thursday, April 10, 2008
proposing to sell all shares
| Proposed action for tomorrow's trade | None |
| Today's action | Sell all shares |
| Famex (according to previous trading day) | 10912 |
| Previous month close | 12557 |
| Movement from previous month close | 86.90 |
| Target for this month | 13310 |
| News for today : 1 : | Wall Street extended its losses Wednesday as a rise in oil prices and a profit warning from United Parcel Service Inc. raised investors' anxiety about the well-being of the economy. |
| News for today : 2 : | Visit http://famousinc.blogspot.com/ for more news. |
| Stock Barometer | 4 - bad |
| Strategy for today : | Sell all shares and sit on cash |
| Quote for the day : | My problem lies in reconciling my gross habits with my net income. ~Errol Flynn |
Wednesday, April 9, 2008
another day of turmoil
| Proposed action for tomorrow's trade | Sell all shares |
| Today's action | None |
| Famex (according to previous trading day) | 10655 |
| Previous month close | 12557 |
| Movement from previous month close | 84.85 |
| Target for this month | 13310 |
| News for today : 1 : | Wall Street retreated Tuesday after aluminum producer Alcoa Inc. and chip maker Advanced Micro Devices Inc. issued disappointing reports and the Federal Reserve voiced concerns about the slumping economy. |
| News for today : 2 : | Visit http://famousinc.blogspot.com/ for more news. |
| Stock Barometer | 3 - Volatile |
| Strategy for today : | Sell all shares and sit on cash |
| Quote for the day : | The market does not beat them. They beat themselves, because though they have brains they cannot sit tight. ~Jesse Livermore |
Sunday, April 6, 2008
tough times
| Proposed action for tomorrow's trade | Sell all shares |
| Today's action | None |
| Famex (according to previous trading day) | 10363 |
| Previous month close | 12557 |
| Movement from previous month close | 82.52 |
| Target for this month | 13310 |
| News for today : 1 : | US: It's no longer a question of recession or not. Now it's how deep and how long. Workers' pink slips stacked ever higher in March as jittery employers slashed 80,000 jobs, the most in five years, and the national unemployment rate climbed to 5.1 percent. Job losses are nearing the staggering level of a quarter-million this year in just three months. |
| News for today : 2 : | Visit http://famousinc.blogspot.com/ for more news. |
| Stock Barometer | 3 - Volatile |
| Strategy for today : | Sell all shares and sit on cash |
| Quote for the day : | If inflation continues to soar, you're going to have to work like a dog just to live like one. ~George Gobel |
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