For short term traders there`s no use.. But for long term investors its very important to have realistic expectations.... In the short term, we will sturggle with even 2780 and 2920.. even 3000 is too far away...

3800+ not likely before late next year, and 4600+ only some time in 2011....

There are quite a few resistances... 3800 would be key and also 4600. It may easily take 2-3 years to cross 4600... But once 4600/5200 is crossed, 6500+ may not take too long.

...

Dear Rittu,

Good to see you.. Hope you are doing fine.

I was expecting a somewhat higher top, cause then it would make it easier for all techies to say the worst is behind us. However, i do not think the worst is discounted yet. So will book profits around 3100, but will not create aggressive shorts below 3400.

Think L&T is close to bottoming out. Bharti may have already done so. Bhel looks like in an uptrend, set for 1600 if we go close to 3200. NTPC looks the strongest of the lot.. RIL and SBIN look particularly weak. Waiting to see if SBIN closes below 970. SAIL and Hindalco also appear to have bottomed out, though not Tata Steel. Gail looks interesting - could see a 20% jump any time now.

I think you are right, the lows will be made by individual nifty components. Still believe a new low awaits.. though only after 3200-3400 +

Do share your finidings.

regards

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Lot of put writing at even 2800!...

Why not dear RN?

I mean every word of it.. Did you watch the NRI trapped in Taj... Had not eaten for almost 26 hours, and not slept. He agreed to speak to the media, and felt sick while talking. He asked for a break at least on 4 occasions... but the insensitive media just kept on with the interview.

There were numerous such incidents... Running after people who havent even had the time to collect their wits after being released from the trauma of being trapped, an eternal wait that could end with death, and did for so many.

Did you not watch the commercials during the broadcasts? That is what commercialisation of tragedy is all about... Have you not seen scores of mediaperson broadcast a person committing suicide ever? Making no attempt to stop it, as then there will be no news... This is crass commercialization of what used to be a noble profession...

Did you not overhear casual remarks made by one of the mediapersons from NDTV when he was not aware he is on air?

Is the media so naive that they didnt know the strategic importance of not revealing NSG`s moves to the world at large? Only repeated requests from the administration and the forces made them stop it, and that too for a very short time... The interim attempts are also revealing --- focusing the camera on the mediaperson, but making sure the hot spots are in the frame just behind the mediaperson.

They were all competing against each other, as they always do - to be the first ones to sensationalise any bit of news they can lay their hands on... How united they are indeed!

The way the tv media behaves is like prostitutes of the lowest order - pandering to the unbridled passionate desires of their consumers - and going to any length to do it... No dignity, nor integrity!

And just wait for a couple of days, and see how much coverage all the politicians will get.. coz these events will be the past, and election results are what will sell... Already there are ads on some channels... so much for the campaign against politicians...

My apologies if this does not go down well with you, but to me this is the truth.

Regards...

I think all the media channels are highly irresponsible...

They displayed utter lack of sensitivity towards the forces by broadcasting the preparation and the operations live.

They started harassing people who were trapped in the hotels as soon as they manage to get released, without even giving them time to breathe free air.

They showed commercials while the operations were on.

They are now capitalising on the emotions of the masses by taking up this "cause" against politicians.

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Dear Novice,

Thank you so much!

This message is of immense value to me, as it helps me to keep the faith myself....

Words fail me here, but words are not important in the world of hearts...

Hope we live to see the world that is ruled by hearts, "assisted" by clear minds.

regards

...

HK65 But whatever said & done.... Now whether Unitech or any other realty scrips wont go up & up in a straight line..... Sentiments have really turned upside down..... And I have learnt one thing that SENTIMENTS ALWAYS holds an UPPER HAND among FUNDAMENTALS & Technicals etc. But I am also sure that in the long run.... say in 1.5 to 3 years time ..... All these stocks will DEFINATELY CROSS its previous highs & wud ALSO go much much beyond those HIGHER PEAK LEVELS, as I PERSONALLY think & PRESUME that REALTY PRICES in INDIA in the LONGER TERM , say by 2011 will again be at much higher levels.... Any property history wud foretell U that REALTY PRICES have ALWAYS RISEN in the long term & even gone further up than their previous highs.... One more reason I think is that this SECTOR is highly under-owned, in terms of its equities, by any group of people..... ALSO, foreign funds whenever they will come in, will come in FIRST into this sector & also DIRECTLY into REAL ESTATE..... I think the begginning to all this will be SECOND HALF of 2009, when the seeds of INVESTMENTS wud be bowed & fresh start all over again..... cheers as always pranky!! . ...

Obama has instigated that India has every right to protect itself from mindless terrorism unleashed upon it. As Pakistan too is armed with Nuclear technology, though stolen from North Korea, India is not able to go in for a full fledge war. However those who value democracy will understand, terrorism has no religion and no one is secure unless it is bridled. thanks....

The three-day-long terror strike on the country’s financial capital was devastating in terms of its reach and impact. It has left Corporate India badly shaken and the elites numb. It is no more about bombs being thrown at bus stations or trains getting blasted. It is no longer about only Nagpada or Govindpuri residents losing limbs and lives. Terror has now climbed up the value chain. As the new age entrepreneur Kiran Majumdar Shaw told a Bangalore newspaper, “So far, the terrorists targeted common people. Now the society’s elite, the business sector, is the target. What happened in Mumbai is a loud wake-up call for all of us to do something to protect ourselves.” Corporate India did not bat an eyelid when Mumbai train blasts took place, or when Sarojini Nagar was burning on a Diwali day, or Hyderabad was weeping two years before. But today, every corporate captain is angry, and so are the celebrities who people Page 3 of newspapers, due largely because the attacks on the three top hotels were directly aimed at those who frequent these places, for business or pleasure (contrast this with the scant coverage of the carnage at the Chhatrapati Shivaji Terminus, for example, where commoners were involved). All the same, the bleeding-heart liberals would be back to their routine ways after a few days. They will lament that the captured terrorist has not been given his favourite food and not allowed to watch TV or use his cell phone; they will say his human rights are violated. Just wait for the chorus. Of course, this time it will be between Page 3 and the jholawalas (activists) and that should be an interesting match to watch, but that’s another story. In the last ten years, not a single session of any seminar sponsored by the CII or Ficci or business/ general journals has focused on terrorism. When this writer once broached the importance of talking about it, a senior business captain said it is for the government to deal with. Many of those seminars gave importance to Musharraf and now Zardari, as if they are going to provide any solution when they are a part of the problem. Now, at least, terrorism is being realised as a problem facing the country. Let us summarise what the real situation is and corporate sector should do if we are serious in fighting terrorism on our soil. 1. Recognise and treat Pakistan as a terrorist state. The state policy of Pakistan is terrorism and their single-point programme is to destroy India. This needs to be internalised by every business baron including the owners of media. 2. Now, the elite of Pakistan are more angry, since India is growing at 7% and they are given CCC rating and stiff conditions for borrowing from IMF. Many an academic from that country, who I have met in global conferences, has openly lamented that nobody talks about Indo-Pak relations anymore, but only Indo-China or Indo-American, etc. They want to be equal but they are in deep abyss 3. Pakistan is the only territory in the world where an army has a whole country under its control. This is an important issue since studies have found that a large number of corporates in Pakistan are ultimately owned by the Fauji Foundation (FF), Army Welfare Trust (AWT) Bahria Foundation (BF), Shaheen Foundation (SF) all owned by different wings of armed forces (See paper presented by Dr Ayesha Siddiqa-Agha on “Power, Perks, Prestige And Privileges: Military’s Economic Activities In Pakistan” in The International Conference on Soldiers in Business—Military as an Economic Actor; Jakarta, October 17-19, 2000). Hence, do not try to think of Pakistan without its army, irrespective of who rules that country temporarily and nominally. At least 70% of the market capitalisation of the Karachi stock exchange is owned by the army and related groups. 4. There are three groups in India, who are obsessed with friendship with Pakistan. One is the oldies born in that part before partition and who are nostalgic about the Lahore havelis, halwas and mujras. The second is the Bollywood and other assorted groups, who look at it as a big market. The Dawood gang has financed enough of these useful idiots. The third is the candle light holding bleeding heart liberals (BHLs) who cannot imagine India doing well without its younger brother taken care. All three have been proved wrong hundreds of times, but they are also opinion makers. Shun them, avoid them and ridicule them. conti...............

Dear K.N.Pillai16968, Plz. read my post to dear subasu on the same subject. Yes ur understanding is right there r 2 separate agencies in india each with a differant job to handle on paper. SPG - Special protection group is designed specifically for security of V IPs, V V IPs, V V V IPs, V V V V IPs, V V V V V IPs.............. NSG - National Security Guards - To counter terrorist attacks & plane Hijacks.... In case of NSG, I put it as POLITICIANS Security Guards (PSG), just to show my anger like all of u but with a humorous note. Thanks Ashal...

Dear Pranky & all fellow boarders who r jumping from there seats as if they have find a magical tool in th form of 49-O, My dear friends, the info posted is partly right & partly wrong. Here it is - The right Part - Yes Section 49-O does exists but it`s merely for exercising ur denial vote means u r voting for none of the candidates contesting the election. the wrong part - All the remaining story, the 50% 49-O & ....... All this is merely a proposal from Election commission of India & it`s yet not be declared an ACT by Parliament (Read our politicians). Even in case of EVMs (Electronic Voting machines) exercising 49-O is not possible, earlier in days of ballot paper, there was provision to keep ballots under 49-O, but now a days under EVMs there is no mechenism to collect 49-O. for a detail on this matter plz. go thru my earlier post replied to Radhika in which i have posted a link to read all the info on 49-O. Thanks Ashal...

Yeah Mod.... Thats what I said that people MUST vote , but by rendering *49-0* section clause, as that means VOTE GIVEN, but to NONE of the parties, as found NOT SUITABLE or WORTHY of voting.... Cheers as always pranky!! Please Note: Dear Mod, why dont you find a suitable candidate & we all will vote for him / her..... Wat say???????? :) ....

BC.... Read the message again carefully....... Nobody can win , if more people have executed more than the winning margin ,..... Read the message again! I think this can possibly be ***THE*** Best Weapon we cud ever have.... & these people never ever happened to inform us about this clause in voting..... Now I Guess , U know why???? If U want I can mail U the DETAILED VERSION of the above message..... As I had forwarded ONLY THE PART MESSAGE to Anns{Radhika}..... Cheers pranky!! ....