Friday 14 September 2012

Off the track - Weekend Special

Posted this page just to discuss some other topic and issues. Please feel free to share your thought on various subjects and issues.

31 comments:

  1. My prediction for Govt. move finally come true today, Some of would have remember my statement on Govt. policy 3 weeks back, just to remind - "Govt. is paralyzed till Monsoon Session and not after that", these 2 days proved my thought right. People on board have also remember my strong recommendation on Retail with view that in second week of Sept we will see movement in Retail stocks. This statement was also made before 3 weeks.

    ABP News poll has also played big role for Govt. in which Narendra Modi was elected most popular man.

    Well market may cheer the the decision but as a honest countryman and as a common man I hate all this bloody politics even hate this Govt.

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  2. Hate or love it, we will have to bear all this dirty politics laid down in the country these 65 years till the country men wake up.The whole theme of this politics has been on the principle of devide and rule, creating vote bank to survive. If the same thing continues,see after 50 yrs, it will be difficult for we all to live here.

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  3. Good one Rajvanshiji, now people talking about Govt.'s death warrant, my sense -

    As told ABP News survey played big roll and Congress played it very carefully after having all possibilities, so no big harm at the moment, it can hurt it but no soon out of power take it this way - still they are above magic no., only if all 4 including M3 - Mamata,Mulayam, Mayawati & Pawar go out then only possible. Pawar already told to support him, Maya is free right now so to take advantage and can join hand for ministry (will go out during vote of confidence), still Jaya can also join hand... so to my sense the only hurdle nation wide protest... secondly parliament session has just finished, to call for vote of confidence will take time... and above all to my sense after huge oppose they can take back LPG decision, can reduce 2-3Rs in diesel but that mean they won - their main aim was to FDI as Govt. was under pressure since very long, Obama saheb was repeatedly giving deadlines to approve it, after all saheb want to remain in world's no. 1 economy.

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    Replies
    1. well said sir, Again we are entering in the era of East India Company.

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  4. MG sir,
    one small querry.
    Normally I am trading in BSE (no specific reason) but still confused whether NSE is better than BSE ??

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  5. Dear MG Sir,i m an avid fan of your,I always follow ur call & made good profit from it.I wanted to know ur view on Educomp Soln.I have purchased this 1400@214.
    Regards,
    rakesh sudhanshu

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  6. Dear Rahul,
    there no basic difference in BSE/NSE for small investors you can trade anywhere (normally broker register himself with any body), there remain small price difference. Most of companies is listed only with BSE then u need to trade there only. Like now new exchange MCX is going to start, ppl will also trade their but final settlement authority is BSE only. FNO you can do only with NSE.

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  7. Dear Rakesh,

    Its below all its moving avgs at the moment, also profit dropped tremendously, you will need to wait for long as new policy may help this counter.

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    Replies
    1. Dear MG sir
      Thanks for ur replie..
      Whether i come out of this stock(Educomp sol), at the current price or wait.......please suggest

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    2. Dear Rakesh, nothing harm in wait rather book such a huge loss.

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  8. MG sir... mujhe ab pta laga k aapke blog ko bhi join kr skte hai :P... sir ab mkt kaafi uper aa gya hai.. is week todi correction ho skti kya ? or diesel price hike se automobile sector pr negative effect nhi padega ?

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  9. Karanji, yes already suggested now market will go for correction most probably Tuesday onward but if people thinking for short then be careful. As now all Sutali Bomob are finished, now laxmi bomb or lad are left. So after correction it will be steady. Rest depend on how political drama take place.

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  11. If diesel price is hiked inflation will go up because prices of everything that common man uses (food to bed)...surprisingly analysts are saying Inflation will come down. By any chance is it combined work of big shots to hurt small investors? Knowledgeable people please throw some light.

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  12. Sir....ye jo FDI in avation/multi brand retail ko positive hints mil gaya , isse KFA upar aa saakta hai kya??aur aapne to shoppers stop recommend kiya hi the....Pantaloon ko bhi dekh saakta hu kya???last friday pantaloon ka 150 call to bohot upar gaya dekh raha hu.....
    thanks Sir.

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    Replies
    1. I am not sure FDI will deeply benefit it, according to reports it require aprx 400M USD investment which is not so easy, first people will look for low investment, Spice and GoAir one of them which will get benefit in current term. Time being you can enter on for very short term with strict SL and with small qty, you can bet only mon-tue then wait for next week.

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  13. Dear Friends, Its very much disappointed after seeing recent dramas. Its all will help to fill pockets of politicians and for rich business men to have JV with foreign counterparts to increase his status. Nothing elso will happen to common men. Rich become richer, but poor become poorer. All this globalization concept severely damages our own business like forming society and marketing our own products. In this everyone will have importance, and working as group and support others.And this globalization spoils our own culture and nativity. We are forced to work under somebody as slaves. Variety of products to buy...to spend all your earnings...at the end of the month...balance zero..so again cycle starts. To be honest, no one can come out of this life style..if you do, then washout from the world with great desperation. I suggest and i want govt should do in another way..Each and every piece of land is important...give full support to farming and related, show way to marketing products done through Kula tholil. We should encourage our own resources and made self dependent. If do, external collapses will not affect us.

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  14. Today the TOI says that PM had a meeting with Sonia and disclosed to her that his office has done allocation of coal blocks on the recommendations of Ahmed Patel a political secretary of Sonia.( Should we believe that it was not in her notice).ha ha ha PM is working on dictat of Ahmed Patel, and he is saying this as if done a great thing.Bad luck of country to have such govt functioning.Now it makes clear why and how PM,inspite of so much defaming of himself, was keeping mum,(Hazaaron khamoshiyan achhi.....)he knew the end point of the drain.Really we need lokpal.

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  15. Dear MG sir,

    May i know in which are you trading ie IIFL etc. Atleast give ur opnion abt Zerodha. I trading with bajaj capital. Pls reply me sir. My last query u didnot ans.

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    Replies
    1. Dear Venkata, sorry if I missed it earlier. Due to single man army sometimes its not possible for me to reply to each query. I have different a/c as per my need. Zerodha is good for big deals below 1L is not good, secondly their trading platform is a bit critical, so if u can handle reports manually then u can go ahead with them. someone had suggested here that he can introduce you there, plz get in touch with him for zerodha else start bargain with broker, definitely he will cut down ur rates as competition is increasing in the mkt.

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    2. Zerodha is quite good, platform is also good. I was using Power Indiabulls (worst I have seen) and recently shifted to zerodha finding its speed is good so far. Can not say what will happen if client base improve.

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  17. Off market discussion thought,
    1) Why we do not need subsidy on Diesel and still help poor / farmers?
    If we have knowledge of each individual of countryman (which government trying to achieve with Adhar). we can directly pass on diesel subsidy to their account based on their requirement (depends on their land irrigation requirement and other need). Rest people can simply pay on market rate. This we can have effective subsidy mechanism and more money to expend on development plan for people.

    2) why we need flexible cap of LPG cylinder?
    Since Central Government has fix quota of 6 cylinder per family. it is ok for nuclear family. what about family with size at least 6 , their cylinder last for 1 month max. Also they are putting clause that each family can get only one connection. Again Adhar can help here if they planned properly and this cap should be flexible in between 6 to 12 i believe.

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  18. Dear Friends, as told few times earlier - Due to single man army sometimes its not possible for me to reply to each query so it doesn't mean I dont want to reply you. I am reading all comments here and if needed will express my view. Start taking clues from other posted msg too.

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  19. Sir for FnO trading plz suggest some broker other than zerodha that will charge minimum brokerage.....for me Hdfcsec is very expensive....For a Nifty Index based FnO trade I need to wait for the price to rise atleast Rs 4.5 from buying price to get the profit as one side brokerage for single lot is 100(+16).....
    Thank You

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    Replies
    1. Ok wait for this week as one of my friends was in this earlier but now he's left it. Will find good one then will let you know all.

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  20. Good evening sir...
    what do you think about RBI action tomorrow? I believe, they will probably disappoint market again this time !

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  21. Why the government is not concentrating on getting all black money (our own money) back and reduce the oil prices??? Ramdev is correct here...

    Is re-election is on card? Is lower circuit on card? God knows... but Hey God...save my India

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    Replies
    1. Govt. is trying to take money from public and to feed their kins and lords without affecting the economy. So more they suck from the public, more their kins and lords can eat. Simple economic funda to balance the economy...

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