Petrol price and desiel price hiked buy 75p and 50p respectively

• Petrol price is hiked by 75 paise per litre and diesel price is hiked by 50 paise per litre with effect from midnight today following depreciation in rupee.
• While international oil prices have softened, the rupee has depreciated against the US currency to Rs 56.50 per dollar, about 2 Rs lower than the rate at the rate in March.
• Experts are expecting the rupee to hit 60 Rs. So expect more price hike in coming months.
• The thing hear is that desiel price is also hiked,this will reduce under recoveries of companies like BPCL and HPCL.
• We suggest a buy of BPCL with target of 415 Rs 

Is great fall of NIFTY coming

Between Jan 2004 and April 2004, FIIs invested  Rs 18,500 crore, the highest ever back then. From the high, the index collapsed to 1300 in May 2004, a 35  % drop.

Between Sep 2007 and Dec 2007, FIIs invested Rs 34,000 crore. The Nifty fell a good  30 % from the highs of 6357 in less than 21 trading days. 

Between Aug 2010 and Nov 2010. FIIs invested Rs 83,000 crore. The Nifty fell 20 % from the highs in the 3 months

So friends after that another 50000 crore rupees have come in 3 months , so as u can see this a trap set  by FII.

So invest wisely and do keep short positions even though you are bullish...

FII sold 280 crores on Friday May 24

• FII sold 280 crores on Friday May 24
• So we hold a negative outlook on Monday
• With the Monday holiday for US , we don't see much action.
• 
  

Trading legends discipline story

John D. Rockefeller had a difficult childhood. His family bounced between poverty and comfort because his father was a con-artist. The elder Rockefeller traveled the countryside of upstate New York selling patent medicine which was often simply "snake-oil." The Rockefellers didn't exactly fit in where they lived in the small New York village.
Just like most small towns, everybody knew each other. Gossip and rumor spread like wildfire. And the village scorned Rockefeller's father who they correctly thought was a snake-oil salesman. Whispers followed the family, they were excluded from social life and young John could not help but hear the vicious things the villagers said about his family.
Because they were ostracized, Rockefeller quickly developed a thick skin and a calm demeanor that helped him ignore the verbal barbs from the villagers who thought the sins of the father should blemish his son. People commented on the boy's almost Buddhist detachment from events that kept him from getting angry or flustered, even when his father committed the ultimate sin and abandoned their family.
Throughout his childhood, Rockefeller built a fortress of calm.
And this fortress served him on his journey to remarkable success. You see, when Rockefeller sat down to negotiate, it was impossible for people to emotionally manipulate him. Even when he sat in front of a hostile Congress who wanted to destroy the company he built, Rockefeller remained calm and composed during the crisis. Nothing could faze him.
How can you get calm like Rockefeller before you enter into any negotiation during your life? This could be buying a new car, trying to close on a house, or simply convincing your spouse to do something for you.
Most people, when faced with any negotiation, let their emotions rule. That's the major mistake. If you let your emotions reign during a negotiation, I promise you will be crushed.
But it's hard to remain calm especially when you're trying to get something that you really want.
Think back to the last time you had a major negotiation. You probably felt nervous and anxious. You may have struggled to say the right thing without stammering. You may have felt clammy or even a little nauseous. That's okay. It's normal to feel like that when the stakes are high. But you can work around those feelings using this simple Rockefeller trick.
When you enter a negotiation of any kind, before you start talking, take a moment of quiet to compose yourself. Be silent for a few seconds. Don't rush into things or tip your hand. Take a deep breath and enjoy the silence for a moment.
Rockefeller would enter a negotiation softly. He waited a moment before he said anything. If you follow his example, you will immediately feel calmer.
The worst thing you can do when negotiating is try to rush things. (Trading too...)
Don't forget that during your brief silence, the other person will feel just as uncomfortable as you.
After you collect your thoughts, compose your first sentence and speak it calmly and confidently. Don't worry about moving fast. If you do rush, it immediately sends the signal that you're nervous, scared and overwhelmed. That's not the impression you want to make.
A calm tone and a slow pace is your friend here.
Later in his career, Rockefeller surprised people he met because he was so calm and genial, even during hostile negotiations. They expected that the king of the Robber Barons would bluster and rage. But he didn't.
He simply stayed still.
And he spoke calmly, quietly and never rushed.
It's a rule in negotiations that if you lose your cool then you won't get the deal you want.
Stay calm and you'll be just fine.
Beyond learning to stay calm, Rockefeller learned another valuable lesson early in his career: threats don't work. Businessman lost their cool during a negotiation and made threats when things weren't working in their favor. This destructive behavior almost always damaged the budding relationship and cost the bully dearly.
Threats ruin relationships. And a rich life and career is built on great relationships.
Machiavelli got it wrong when he said, "It's better to be feared than loved."
Rockefeller never made threats, even when he was the richest and most powerful business owner in the world. In fact, Rockefeller was happy to slightly overpay for things in order to maintain and build relationships.
Take these two valuable lessons from Rockefeller:
Take a moment before you start any negotiation to clear your mind and remain calm. Don't ever make threats. They don't work long-term.
If you work on remaining calm during your dealings, you'll notice that you become more persuasive, more rational and more likely to get what you want. It's one of the most valuable skills for living a rich life.
So keep calm and deal with things.
Start today.
-by Richard Saunders

Tricks to follow to be successful trader

1. Traders must have the perseverance to stick to trading until they break through to success. Many of the best traders are just the ones that had the strength to go through the pain, learn, and keep at it until they learned to be a success. 
2. Great traders cut losing trades short. The ability to accept that you are wrong when a price goes to a place that you were not expecting is the skill to push the ego aside and admit you are wrong.
3. Letting a winning trade run as far as it can go in your time frame is crucial to having big enough winners to pay for all your small losing trades. 
4. Avoiding the risk of ruin by risking only a small portion of your capital on each trade is a skill to not get arrogant and trade too big, if you risk it all enough times you will lose it all eventually. 
5. Being reactive to actual price action instead of predictive of what price action will be  is a winning principle I have seen in many rich traders. Letting price action give you signals is trading reality, trading your beliefs about what price should be is wishful thinking.
6. Great traders are bullish in bull markets and bearish in bear markets, until the end when then trend bends. 
7. Great traders care more about making money more than any other thing. Proving they are right, showing off, or predicting the future is not as important as hearing the register ring.

RIL finds gas in KG basin

•  Reliance Industries announced of a huge natural gas discovery. 
• This is the company's biggest find ever in KG-D6 block.
•  "RIL finds 155 metres of gas pay zone in the first exploration well drilled on the block in more than five years," .
• After the gas price increased this is the first announcement by RIL.
• Don't jump and buy the stock as there could be more details need  before this could get realised.
• Also we believe that the political parties could find this fishy as this announcement is done after the  Gas price increase

IPCA Laboratories -Buy long term Trg 2800 2yrs time frame

                                                                    

• IPCA Lab is the best mid cap company today in market
• Their fantastic year on year growth is awesome and will be the  stock to hold for your retirments
• Ipca Laboratories is an international pharmaceutical company.It is also one of the largest suppliers of these APIs and their intermediates world over.
•  It produces more than 150 formulations that include oral liquids, tablets, dry powders, and capsules.
• The various kinds of drug intermediates that the company manufactures include Theo bromine, Acetylthiophene, and P- Bromo Toluene and promotes over 36 countries
• In 2004, Forbes selected Ipca, for the second consecutive year as one among the first 200 'Best under a Billion Company' in Asia.

	Mar ' 12	Mar ' 11	Mar ' 10	Mar ' 09	Mar ' 08
Sales	2,329.37	1,881.10	1,552.74	1,315.88	1,102.78
Operating profit	460.69	378.49	331.89	192.11	183.63
Interest	39.36	-12.20	25.83	30.39	20.08
Gross profit	434.25	399.13	312.27	163.93	209.08
EPS (Rs)	22.21	20.32	16.71	7.30	11.25

HSBC expects the Rupee to touch 60 again dollar

• HSBC expects the rupee to touch Rs 60 against 1 USdollar
• This will hugely increase the CAD as India buys Oil with Dollars and have to buy Dollars with more rupee.
• We see a impact of .5 to 1 % in CAD because of this

Indian Market Sentiments -Outlook Negative

• State Bank of India Q4 net falls 19% - Negative for Market and Bank Nifty
• Daiichi's charges of wrongdoing by Malvinder Singh - Negative for Pharma stocks(Ranbaxy)
• Wockhardt tanks 20% on US FDA import alert -Negative for Wockhardt stocks
• Road projects not to be developed in PPP mode: NHAI - Negative for infra stocks
• Tata Steel's Q4 loss at Rs 6528 cr - Negative for steel sector
• BHEL Q4 net drops 4.2% at Rs 3327 cr - Negative for Capital Good sector

In all entier Gobal market and indian market is negative, on can expect sharp corrections both in Nifty and Bank Nifty

Short Wockhardt could fall to 700 to 800

 Wockhardt fall 20 percent on  after the US Food and Drugs Administration issued an import alert on one of the pharma company's manufacturing facility at Aurangabad in Maharashtra.

An import alert means detention of drugs without physical examination from firms, which have not complied with current good manufacturing practises, the drug regulator states.

The US FDA had issued a 483 form through a routine course of inspection of one of its facilities in Aurangabad in April. A form 483 is issued when the FDA observes any violation from standard manufacturing practices.

Wockhardt Chairman Habil Khorakiwala confirmed estimate that it would impact our business by USD 100 million on an annualised basis,".He further said that the company won't be able to export products to the US from the facility, which makes injectables as well as solid dosages.

Wockhardt shares closed down 20 percent (lower circuit limit) at Rs 1,313.80 on NSE. The stock more than trebled in financial year 2013. 

What IPO Safety Net?

• SEBI has come up with norms for mandatory safety net mechanism in IPOs. 

• According to SEBI, "the safety net mechanism would be available for all securities allotted to original resident retail individual allottee that had made an application for up to 50,000 Rs."

• Safety Net is mandatory for all the IPOs going forward

• Safety Net will be triggered if the price of the shares has depreciated by more than 20 % from the issue price.

• Safety Net will be effective for six months from the date of trigger.

Short L &T futures with Trgt of 1320

 Worst result, Worst outlook and management is not optimistic for current fiscal year, Go short with Trgt of 1320

• 7% drop in profit
• 2000 crs of order removed
• 5000 crs very slow orders(meaning they wont get excuted any time soon)

So until new govt comes one can maintain sell view on L &T

JUST Dial IPO Super Duper Hit

Just Dial IPO has been subscribed 12 times, with QIB portions subscribed to 10.5 times and HNI to 20.5 times,Retail portion was subscribed 3 times

So i think for retail investor will get 7 to 8 shares each if there is no lottery system.

Because of high HNI interest we see the share list  630 on the opening day and could go along till 1700 to 1900 rs in 60 days time frame.

Bad news for telecom stocks, could see fall tommorow

CAG accuses telecom operators of forming cartels- Telecom stocks could fall tommrow because of this as if proved guilt could attract penalty

Will you get penalty if you trade in Illiquid share?

• Many people have this fear that the will get penalty if they trade in illiquid share. It not true

• This is a periodic call auction method ,no need of unnecessary fear about penalty.Penalty is applicable if you put a sell order at a price equal or below the price of your own buy order ( and vice versa)at a given time and it get executed.This means on both side of a trade ( buyer and seller) same trade code which resulted in price fixation by a single party .
• So dont worry about penalty,this is to stop the price manipulation being done in illiquid share by people.

S&P warns India of junk status

S&P has confirmed it's negative outlook on India. It has said if more reforms are not done it ,ight downgrade India to junk status

SHORT BankNifty Trgt 12100 within a week time

SHORT Bank Nifty Trgt 12100 within a week time, probably my next week end.

We continue our downward outlook on bank nifty, with s&p downgrade news we see bank fall 1000 points. 

Bank Nifty 1 year chart

Bank Nifty 1 year chart:

Bank Nifty 6 months Chart

Bank Nifty 6 months Charts: