Friday 21 September 2012

Weekend Special

I hope this weekend is good for all of you as you all would have earned good profit. I am feeling happy as you are gaining.

I specially thanks to all of you who have given me this wonderful opportunity to interact with you all and for respect and love too.

So Mulayam indicated to support and market drive from 90 to 150 pts and I missed this rally due to limited resources and that's I always tell if some of you (who have TV facility) can share news would be great for all of us to gain more. 

1. So now big question is will upmove remain intact? 

2. Will Nifty move further? 

3. or after seeing market on new high of 14 months people will go for profit booking?

Please share your views as well as related news you found somewhere this will really help me and all board members too.

Have a great weekend. For me there is no weekend, I need to start work on Sunday else no M Bells will be there. See you on Monday.

-MG

20 comments:

  1. Will try to keep the blog updated if I get any news from TV or other source!!!

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  2. Dear MG a 2 cents advice from a small man like me,slowly as you have established ur credentials why dont you move from MC to ur blog,that way traffic to ur site will increase and u would have a proper mechanism to answer all those who visit you and request your views.Am sure all those who follow u religiously in MC will come to this blogspot and will make your task simpler as well.

    Cheers
    Guru

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    Replies
    1. Guru Prasad ji, first of all thank you very much, it would be really a good help as I need quick news (like in todays case, after Nifty crosses 100+ mark I had thought it will be around 80pts soon and that's suggested exit in Nifty & SBI call, else we had booked atleast 5K more on same call)

      Secondly I am still not able to put the info which in actual I am dreaming, so I am working on customized web and good thing is some of you have raised hand in helping for that, so once it will be ready we will be there... I also can't disappoint MCB friends but yes now I remain more here than MCB.

      Lastly - my all friends are soooooo big from heart & well educated and good human beings, so never thought big or small... I am too in learning stage.

      Please be with us.

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    2. Feels nice to see some one help others selflesslyy!!!Just trying to pitch in with my bit!!!

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  3. Hi Mudraji,
    Thanks a lot for your valuable timely guidance in many ways(messages, Morning bells etc.,).
    Actually I missed buying nifty call yesterday, but took immediately in the morning and sold 1 lot in between. Missed selling other one. Can you let me know if I should the other one on Monday morning or wait. Also can you please guide is if we can buy Pantaloon for delivery?

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    Replies
    1. Thanks Mudraji

      Will wait for your feed back on pantaloon

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  4. Nifty you need to exit on Monday as now I see some selling pressure ahead of expiry... would suggest to get cues from MB... Retail I am not suggesting it right now as they have already up much... will have look in weekend and then let u know

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  5. At first Big thanks to you Sir for your recent suggestions that made me earn handsome...:)...
    I was just reading your Mbell for last expiry(30th Aug)....You wrote that there might be a premium crunch for 5300 call by breaking 5300 level through call writing .... How did you sense that?? is that only experience?? or only close observation?? or any particular calculation???
    Secondly,probably yesterday you have told same thing to someone about TM lower put....that means operators are creating higher price for TM as a trap?? and then by doing this they are actually reducing the put premium and lastly they will make it slide so that the put price gain premium again???? is that what you want to say or anything else??
    Thanks Sir in advance....Happy weekend....

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  6. MG Sir, TM 270 PE Oct at Rs 11 - Will it be good idea. If yes, when to exit.
    If not, then at what level.

    Looking for your suggestion. Thanks.

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    Replies
    1. gr8 earning, mkt can show some strength but will fall a bit later, so keep eye if TM participate in it or not, be with strict SL of 282-284, I was expecting TM below 266. M Bells will give u good idea about mkt.

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  7. you are amazing MG sir.........i somehow managed to rail and derail ur nifty call...thanks so muchhhhh....laddoos for u at gp bapaa moryaaa

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  8. finally honorable PM addressed entire nation....he said money doesn't grow on trees..actually he meant.....
    Money will grow only in CWG,COALGATE,2G .
    Mr pm if you have doubt ask A raja or kalmadi
    This is the problem if you put incompetant leaders in parliament and made him PM......i am not in favor of any particular political party..but the this is too much now..simply ridiculous....

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  9. Arka, there are 2 types of call, one - u can buy options at a particular cost, second - u can buy that only if there's a seller for that call. on expiry most of out of money option goes to zero value so that all money will be profit for seller and loss for buyer. that's we call premium crunch. Like if TM 240 PE is at 0.5 paisa right now and if TM remains above 260, on the day of expiry its value will be zero and call writer will get full 0.5 paisa premium to his profit.

    It was not for TM, it was for Nifty, they have hiked 57CE price to 70 what iff Nifty goes down to below 5600, whole 70 rs will be profit for call writers.

    It only comes with experience, close watch and more importantly depend on your market sense. On technical knowledge part of market, I am not good in that (anyone can find it in my history & profile) but I have good+ sensing power.

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    Replies
    1. Hi MG ji

      By the same logic would you recommend selling Nifty 5700CE @ opening price?

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  10. Dear MG,

    This is another new fan of you. After reading your blog, I believe I have lot of things to learn from you about share trading. You are really doing great job.

    If possible, please guide me for Graphite India. I have 300 shares @88.50 How long should I hold? Its moving at a very low pace from last 4-6 weeks. Thanks in advance!

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    Replies
    1. Hi Mukesh, ppl who know me knows I dont advice on stocks other then my list, reason is simple, my theory is different - I dont believe fully on nasty chart pattern, to go right with stock you also need to track sector development, company's development etc. Some big expert sometimes play trick just to recover their stuck amount. To my view its going ahead so to my view u may exit between 95-100.

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    2. Thank you Sir! I really appreciate your time and valuable suggestion.

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  11. Good Evening Sirji....... I tried a lot to post my comment from my mobile but wasn't able to do so... However, I am able to do so from my PC......

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  12. mudraji..we can expect 50% profit booking on 24th monday..mulayam mow takes a doubt laced approach..probably wants some ministry posts..though uptrend is intact..even old market hands like me would like to take 2 rupees/ 4 rupees off the table from now on in the climb..s&p is steady at 1460..it seems tending to 1500..but..keeping a stock position even over one week doe not seem safe now..more than 3 or 4 days exposure to one stock seems risky..god give us all in plenty..

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    Replies
    1. Thanks sir, your valuable guidance will always benefit blog members. Yes that's I had doubt and suggested to exit in FNO positions.

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