moderator: Welcome to poweryourtrade.com chat. Mr Ashwani Gujral will join us in a few minutes. Please start asking your questions.
Ashwani Gujral: gud afternoon all
abbottmehta: sir plz give me target of RNRL and RPL with sl
Ashwani Gujral: rnrl- stop 113, resis 146
RPL- stop 175, tgt 225-30
sanjay70: sir i am holding ifci @ 72 what to do ?
Ashwani Gujral: 72 is a huge resis in ifci, if it does not sustain that level, u may have to get out, u will make money in it if u buy around 45
RASID811: bhel@1900 any chances of profit
Ashwani Gujral: 1900 is not a bad rate, but remember this is not goin to be good year for cap guds, do not avg, use a 10% stop in all cases
UMESH BAGAI: SIR CAN I MAKE NIFTY LONG NOW AT CMP ? WHAT SHOULD BE MY STOPLOSS?
Ashwani Gujral: long position on nifty shud be assumed at 5060, rite now nifty is choppy
ananddmehta: Which sector or stock u advise to enter at the present rate for a time horizon of six months to one year
faisalhaleem: SIR WHAT TO BUY RIGHT NOW? AND SHOULD ONE BUY NOW?
Ashwani Gujral: i am givin u a midcap buy list
Ashwani Gujral: Chambal fert- supp 65, tgt 90
Nag fert- supp 46, resis 59.5/65
Renuka sug- supp 117, resis 136/165
DCB- supp 100, resis 136
R Pow- supp 380, resis 445-50
Rnrl- supp 113, resis 146
nwsall: Pls suggest i m short in renuka future at 121
Ashwani Gujral: not the time for short in renuka, exit
Ashwani Gujral: indian hotels- range 107-129
nwsall: bought suzlon at 307 can i hold it
Ashwani Gujral: use 265 as stop, resis 318/345
gaddenna: sir i have short nifty at 5030 what can i do now?
Ashwani Gujral: there is no justification of being short at current levels
nileshbarot: Sir, Holding 20,000 shares of JP Associate @ 240rs, Please tell me your view on it.
Ashwani Gujral: if it can cross 255-60, u may see 290, 240 is not a gud rate, keep 230 as stop, gud rate to buy is 190-95
saurabh_hbti: Sir Buy 100 Polaris @108/-
Ashwani Gujral: polaris- use 90 as stop, resis 116/131, kpit infosys- supp 90, tgt 143
Ashwani Gujral: that shud be all, tc all
28 April 2008
28-04-08 Chatscript with Mr Ashwini Gujral.
25 April 2008
24 April 2008
23 April 2008
23-04-08 Learn & earn.
Good Morning Friends !!
Coming F&O expiery on tips, market is going under consolidation, Steel policy today to be declared today, which may lead heavy selling pressure
Steel sector may face depression today.
Happy Investing.
Learn & Earn Team
22 April 2008
22-04-08 Learn & Earn Team.
Good Morning Members!!
After a series of highs market may turn to consolidate now, to reach F&O expiery.
Its time to buy in small lots selected scrips for delivery and play safe, forum is updated with few selected scripts, more will be on board soon. at all highs try to exit the scripts which u feel unfit for your portfolio.
Please dont enter market agressive way, pain is still there in market. keep profit booking a habit.
happy investing.
21 April 2008
21-04-08 Chatscript with Mr Ashwini Gujral.
| moderator: Welcome to poweryourtrade.com chat. Mr Ashwani Gujral will soon join us. Ashwani Gujral: gud afternoon all abbottmehta: sir can i buy nifty at this level? Ashwani Gujral: yes nifty is at buying rate but keep a 4870-4900 stop YALHRAKE: Your view on bombay dyeing short april futures @ 700 Ashwani Gujral: do not short any stocks now, this is no longer a weak mkt, exit Ashwani Gujral: educomp is a hold, stop 3350, resis 4550 mnrao414: Hi Aswini, Can investors start getting in as your cautious level of 5050 was breached ? Can you please suggest any good stocks for decent returns in medium term ? Ashwani Gujral: yes i believe investors can now buy but remember tgt for nifty shud be 5400-5500 Ashwani Gujral: midcap tech, large cap tech, agro stocks like fertilizer, rice etc are gud bets, infra stocks may consolidate reply2deepak: I Have reliance ind@2400 and Carin @248 can I sell or hold Ashwani Gujral: these r gud strong stocks, hold on with stops ril 2450, resis 2820/2950, cairn- supp 220-225, resis 280-90 sahakundu: Good Afternoon Sir, Where can we expect Infosys in a day and over the week? Ashwani Gujral: infosys story is over for the time being, the day to buy was the result day, look at midcap it HEMANT DEEPAK: SIR CAN I BUY BHEL AT THIS LEVEL AT 1780 RS Ashwani Gujral: can u see mkt is up 10%, bhel is down, forget bout last year's heros, get into new leaders KIMANIA: Sir i have taken put of nifty april fut at 97 rs shall i hold or exit now Ashwani Gujral: u will lose, exit sumit7282: hello sir i m short in nifty @4940 what should be the sl for me sumit7282: hello sir i m short in nifty @4940 what should be the sl for me Ashwani Gujral: u will lose, better take ur loss now, i am long faisalhaleem: sir what to do with sasken and polaris in this market conditions faisalhaleem: sir what to do with sasken and polaris in this market conditions Ashwani Gujral: if u bought at lower levels, u can take profits, buy Ashwani Gujral: if u bought at lower levels, u can take profits, buy Ashwani Gujral: buying rite now is not smart vjybskr: sir,i have 10 lots of nifty april 5000 cal@56/- shall i wait for some time or to book profit holding it since 01 april kindly suggest... Ashwani Gujral: i think from here u will face loss of time value, so roll over ur pos to may options sudhir_52: Sir i hold Infosys,Tcs,Voltas,Indian Hotels and Hotel Leela.Sir should i sell and book profits or wait for some time ? Ashwani Gujral: u have had some run, book 50%, for the rest wait for nifty levels of 5400-5500 Ashwani Gujral: that shud be all for the day, tc all |
21-04-08 Learn & Earn.
Good morning friends, hope you have enjoyed the weekend well.
Market looks promising now, today its all set to break the 5000 points on nifty, wipro, century tex, RIL looks promising at the point for short term/ traders.
11.30 am or 5025 at nifty (whichever come 1st), we may feel some selling pressure / depression for some time, but a sharp bounceback with eu markets open and would continue upto end of day.
However negetive sentiments are present in market too, CRR rate, short selling permission to instituions, etc. so dont go agressive way in long positions, but play safe is better.
Follow Sl and check PYT trade Tips for the day.
Happy investing.
Learn & Earn Team
16 April 2008
15 April 2008
15-04-08 Chatscript with Mr Ashwini Gujral.
| moderator: Welcome to poweryourtrade.com chat. Mr Ashwani Gujral will soon join us. fly2viswa: sir, what is the future of jaicorp, any side possible Ashwani Gujral: gud afternoon all vipulgupta23: sir wht abt Nifty, i shorted 2nifty@4600. Ashwani Gujral: 4600???, we did not go to 4600 today Ashwani Gujral: u shud not be short, pls exit shekar2004: Is it right time to short on nifty ? If so what are the levels plz advise a strategy on nifty ? shekar2004: Is it right time to short on nifty ? If so what are the levels plz advise a strategy on nifty ? Ashwani Gujral: but crossin 4817, we are long 113880: Sir ive ICIBANK 200@1,084.16 wht can we expect . Ashwani Gujral: avg around 740-750, resis 920/1000 chandajain: hello sir, is there any downturn left,i have 150 cairns @160 should i hold for long term or should i exit as crude is up Ashwani Gujral: cairn ind- supp 225, resis 280-290 navansk: sir what about L Ashwani Gujral: larsen is likely to remain ranged b/w 2600-2920 raj_gor13: sir views on rpl should v buy now Ashwani Gujral: rpl- supp 175, resis 211 jasonsaji: sir what is the nifty levels? shall i go long now? Ashwani Gujral: nifty cud rally to 4950, supp 4770-4800 meihullmehta: is this just a bounce back or worst is over? Ashwani Gujral: nifty is still broadly rangebound 4600-4950 Ashwani Gujral: that shud be all, tc all |
14 April 2008
Market range gets narrower!
The market rallied last week, with the Sensex finishing 3.03% or 465 points higher, and the Nifty gaining 2.81%. The CNX Midcap outperformed the main indices with a 4.49% gain.
The market participated in the global rally, unlike the preceding week. Bharat Heavy Electricals (Bhel) was the biggest winner among the Sensex stocks with a 12% gain. It was followed by Reliance Energy, Reliance, Tata Steel, HDFC, Hindalco and TCS with gains between 4% and 10%.
Infosys was the biggest loser among the Sensex stocks with a 4.1% loss. Maruti Suzuki, Jaiprakash Associates, Ranbaxy Laboratories, Hindustan Unilever, ACC and Wipro were next, with losses lying between 2% and 4%. Orchid Chemicals was the biggest winner among the more heavily-traded non-Sensex stocks with a 37.9% gain. Rajesh Exports, Indiabulls Securities, Tech Mahindra, Hindustan Oil Exploration Company (HOEC), S Kumars Nationwide and Sesa Goa followed, with gains falling between 13% and 18%.
GSS America Infotech, with a 24% loss, was the biggest loser among the more heavily traded non-Sensex stocks. Other significant losers were Tulsi Extrusion, Tata Communications, Akruti City, Indiabulls Real Estate, HCL Technologies and JSW Steel, with losses between 4% and 13%.
INTERMEDIATE TREND
An intermediate downtrend was triggered for the Sensex and Nifty on March 31, but the indices stopped falling a couple of days later and have flattened out now. As things stand, the market will be back in an intermediate uptrend, should the Sensex climb past 16237 and the Nifty above 4917.
The low of the downtrend has so far been 15298, which the Sensex reached on April 1, just two sessions after making an intermediate top. It may, therefore, be necessary to ignore this downtrend altogether, should the Sensex fail to make a fresh downtrend low before an intermediate uptrend is triggered.
A fall below the April 1 lows will re-establish the downtrend. The CNX Midcap is in an intermediate uptrend, which will end if it were to fall below 6065. This index is showing some signs of trending upwards, as it closed at a four-week high on Friday.
LONG-TERM TREND
All the main indices are in major (long-term ) downtrends. The Sensex will need to close either above 16453 or 18895 to be back in a bull market, depending on whether its current intermediate trend turns out to be a downtrend, or a continuing intermediate uptrend.
The CNX Midcap index will be in a long-term uptrend if it closes above 7378. The bear market started with the Sensex’s January 10 high of 21207. It was just over two-month old when the current bear market low of 14677 was established on March 18. A fall below that level will mean a continuing bear market.
TRADING & INVESTING STRATEGIES
Long-term investors can start the process of slowly building up their portfolios. Pharmaceuticals and FMCG stocks have been among the more stable performers since January 22, and are safer options at this time. Some of the technology mid-caps are also showing some signs of medium to long-term strength. There is no clear intermediate trend for the market, and this will make swing trading less profitable, as the moves are simply not large enough. Last week’s range was the narrowest for the Sensex in several months, and the next move can be a fairly large one, as and when it develops.
GLOBAL PERSPECTIVE
Global markets are also tending to get stuck in a range, just after getting into intermediate uptrends. The Dow has been oscillating between 11500 and 12850 for almost four months now. A rally past 12850 can, therefore, turn out to be a significant one, not just for the Dow, but for most global markets as well. A fall below 11500 will mean a continuing bear market.
The long-term (major) trends of all the important global indices remain down. The Dow will have to climb back above 14000 for its major trend to turn up again — i.e. to get into another bull market. The Sensex’s gain for ’07 (until Thursday) stands at 19.1%, and the index retains its position as the fourth-best performer among 40 well-known global indices considered for the study. Egypt tops the list with a 50.7% gain. Brazil and Karachi are the other two markets ahead of us with gains of 35.3% and 28.7%, respectively. (These rankings do not take exchange rate effects into consideration).
The Dow Jones Industrial Average has gained 0.8%, while the Nasdaq Composite has lost 4.4% over the same interval.
11 April 2008
10 April 2008
09 April 2008
GM Rao,The man who wants to build a modern nation in an ancient land!!
HYDERABAD, INDIA — Entering the new airport in this booming south Indian city is like passing through a portal between different worlds.
Approaching from downtown, visitors travel along a road choked with cars, taxis, scooters, motorized rickshaws, ancient buses and the occasional hand-pushed cart. Women in saris dig at the median with crude hoes in an attempt at landscaping. Barefoot boys block a lane of the roadway with rocks so a creaking steamroller can lay asphalt.
Overhead, a new flyover that is supposed to transport travellers above the bedlam stands unfinished – like just about every public building project in India, way behind schedule.
At the access road to the airport, everything changes. Smooth, freshly laid asphalt leads past an immaculate 3,500-space parking lot lined by palm trees. A massive terminal building with a wave-like roof and towering glass walls rises in the foreground. All is new, clean and modern.
Airport developer G.M. Rao is modernizing India's crumbling infrastructure.
By the numbers
Name: G.M. Rao
Net worth: $5.2-billion
Residence: Bangalore
Main Industry: Infrastructure
Family: Married, three grown children
Education: Graduated in mechanical engineering from Andhra University in 1974
Biography: Started business life as a jute trader, then moved on to rice and sugar milling, then banking, before settling on infrastructure.
Captured attention by winning a contract to build a new airport in Hyderabad and completing the project, on time, in three years. He is also helping to renovate the Delhi airport and recently won a competition to construct a new airport terminal in Istanbul.
Two sons and a son-in-law act as his lieutenants.
G.M. Rao tells Marcus Gee why this is India's time, and why it can't afford to make mistakes now.
the man who would rebuild India.
To first-time visitors, India sometimes seems like a place where everything is dirty or broken and nothing ever gets done. Their introduction to the rising “New India” is often a rundown airport with smelly toilets – followed by a ride in a rattletrap taxi through slum-lined streets to a city where the lights go on and off for lack of power.
Mr. Rao wants to change all that. The barrel-chested former jute trader who has made a fortune building airports and power plants says there is no reason on earth why India has to be a living museum for crumbling roads, half-finished overpasses and congested seaports.
To prove that his country can do better, he has just built a temple of aviation that rivals anything in China, Japan or Singapore. “We want to show that Indians can also build airports,” he says. “We want to show the world.”
If anyone can do it, it is Mr. Rao. His GMR Infrastructure has jumped ahead of rivals to win not just the Hyderabad contract, but the job of modernizing New Delhi's overcrowded and dilapidated international airport. He beat Indian mega-tycoon Anil Ambani, the world's sixth-richest man, for that one. The first phase of the $2-billion (U.S.) project is due to be finished by 2010, in time for India to host the Commonwealth Games.
Last July, GMR also won the $2.7-billion contract to develop a new international terminal at Istanbul's Sabiha Gokcen airport, working with a Turkish construction company and its Hyderabad partner, Malaysia Airports Holding Berhad.
It's quite a feat for a village boy who admits he had to repeat Grade 11. Mr. Rao, 57, is an unusual figure in the world of Indian billionaires, a self-made man among the polished, foreign-educated scions of wealthy families who head many business houses.
Telling stories over a lunch of lentil curry, or striding around the airport trailed by underlings, he has the air of a village headman showing off the wonders of his hometown. But his ambitions are for all of India.
The TV ads for his GMR Infrastructure say it is “getting India ready.” Ready, that is, to join the fierce competition of the global economy. India is already on the way. Led by a new breed of confident, ambitious tycoons like Mr. Rao, it has been registering growth rates of 8 or 9 per cent a year. It cannot possibly sustain that pace without the modern roads, bridges, airports and electricity supplies that are the veins and blood of modern commerce. Mr. Rao plans to build them.
Hyderabad airport is his pride and joy. The terminal building, by Hong Kong-based architect Winston Shu, is a striking medley of glass, marble and teak-toned wood. The firefighting equipment is from Austria, the landscaping from a top Hong Kong designer. GMR even sought out the best kind of drinking fountain, imported specially from the United States.
More is to come. Mr. Rao foresees an “aerotropolis” of new hotels, schools, malls and hospitals surrounding the airport, which is built to handle 12 million passengers a year but will eventually expand to take 40 million.
“I want to make Hyderabad the Vatican of aviation,” he said.
His ambitions aren't limited to airports. GMR has three operating power plants around India and plans for several more. It builds and operates highways, with about 500 kilometres of road laid so far. It is looking to expand into coal mining, electricity transmission, nuclear energy and special economic zones, or SEZs.
Impressed, investors have pushed GMR Infrastructure stock up fivefold since it was issued in August, 2006, making Mr. Rao, 57, India's 13th-richest man on the Forbes magazine listing, worth $5.2-billion.
Grandhi Mallikarjuna Rao grew up in Rajam, an obscure village in the southern state of Andhra Pradesh. His father, a jewellery merchant, divided his estate into four lots for his four sons. Mr. Rao got one house, one truck, three acres of land and about $7,000.
Humiliation was his first spur. When his friends teased him about flunking Grade 11, he repeated the year and got top marks in the district.
He started off peddling jute yarn from farmers to wholesalers, travelling around the district by bicycle. He moved by turns into jute mills, rice mills, sugar, brewing and banking. He even tried making cotton ear swabs for export.
He got into infrastructure by accident. He was about to invest in a big brewery when he learned that a new state government was about to impose prohibition. So he switched into power generation, then just being opened for private investment. He soon realized the potential in a country with few decent roads, ports or airports, and cashed out of most of his other businesses.
“Today everyone's into infrastructure,” says Luis Miranda, whose IDFC private equity group has invested in GMR. “They were the first to pay attention to it, way back before it became fashionable.”
Associates say Mr. Rao has succeeded because he is willing to learn, scouring the world for expertise and technology. “It's not, ‘I'm sitting on top of the world' with him,” says B. Kamesh Rao, who led the construction of the Hyderabad terminal. “He works from the position of ‘I don't know; I want to know.'” Mr. Rao himself makes humility one of the company's core values. “If you do not have humility, you cannot listen to people,” he says in English heavily accented with his native Telugu.
On a tour of the airport, trailed by helpers and colleagues, he probes his people about everything from the protruding wires of an unfinished kiosk to the way the windows will be washed.
To make sure things got done right and on time, he sent his Hyderabad IT staff to Athens for training. Others went to study top airports in Singapore and Kuala Lumpur. To make extra sure, he put his son Kiran Grandhi in charge of the Hyderabad project and his son-in-law Srinivasa Bommidala in charge of the New Delhi expansion. He takes family ties so seriously that he drew up a 150-page “family constitution” to regulate things like conflict resolution and succession planning.
He takes his roots just as seriously. He says he has invested more than $100-million in his hometown. On a recent visit to Rajam, he fed 25,000 people at a village festival, personally helping to hand out a new sari to every woman and a wraparound longhi to every man.
Mr. Rao's success in Hyderabad could provide a template for solving India's infrastructure woes. The Reserve Bank of India said in a recent report that “infrastructure bottlenecks are emerging as the single most important constraint on the Indian economy.” Planners estimate that India needs to boost infrastructure spending to 9 per cent of gross domestic product from the current 5 per cent to fix the problem. That means raising $500-billion by the end of 2012.
That's a lot of money even for a growing global power of 1.1 billion people, and some investors are reluctant to take a risk on projects that are often held up by government red tape or public protests. The Hyderabad project eased those risks by bringing GMR and the state government together in a public-private partnership, or PPP. It is also a build-own-operate project, giving GMR the incentive of future profits. Company executives have said they expect to make money in the airport's second or third year of operation.
Mr. Rao hopes that other states will see his new airport, get jealous and seize the opportunity to act. But with India's economic future in the balance, he says there is no time to waste.
“This is our time. This is India's time. We won't get this opportunity again. If we miss it, we miss it eternally.”
08 April 2008
08-04-08 chatscript.
Ramesh Damani: hello thanks for joining lets start
wise_man: wat u think now US going into a recession and soon UK also gona go into a ression india gdp slowdown china gdp slow down cuz of inflation problem? the global picture looks bad.
Ramesh Damani: us is postponing a major problem thanks to fed losening int rates
singaraju: I request all RSD students to flood SEBI with their opinions and thoughts regarding the new draft proposals. On SEBI site, I can found only a compliant section and various forms for that matter, but no feedback link. Someone may please provide the exact link?.
Ramesh Damani: thanks..but dont complain..explain your point of view
asmiti: Where are the markets heading in 2-3 years timeframe. If we buy good stocks can we expect 20% return in the next 2-3 years
Ramesh Damani: i would think so, yes
rskperfect: I bought 700 shares of relpow @354..short term target please my guru
Ramesh Damani: not particularly bullish on it
777.com: Sir what happened to Bosch Chassis Systems and jai Corporation . From last 2 week both are locked at 5% lower circuit.
Ramesh Damani: bosch opened offer failed..jai corpn falling from bull market highs
nehamathur: Sir, according to the news reports Rs 45 was offered to pnb gilts. But do you think in this market condition people will be interested to pay 60-70% preminum to market price?
Ramesh Damani: that is the book value so it could be doable
apj.ece: Sir i have RNRL 300@Rs.230.What can i do?Whether i can sell or Hold Advice me...
Ramesh Damani: i think we have seen the highs for rnrl at 230 for 08
satkr: Dear sir, Does it make sense to accumulate TCI at current price regardless of index levels?
Ramesh Damani: if u have a 3-5 year view yes...good value to accumalate
singaraju: Now, more clarity about SEBI laws?. I think it is more to do with restricting analysts, not behaving (buying and selling) in a manner in consistent with his own recommendations. Here, we have no problem I hope, sir.
Ramesh Damani: look i am a broker. we trade shares..certainly not interested in lock ins periods.,.etc etc
VRaghavendra: Ramesh, how do you see the impact of inflation
Ramesh Damani: us slow down may be postponed..dow could rally dut to easy liquidity
Ramesh Damani: cant say but 10-12 is all the market is giving them now
wavestudent: Sir, have heard that since GE is having difficulty going through with 250 cr. Rights necessary for meeting RBI norms
Ramesh Damani: no not heart that but it does make sense
JOEGRANVILLE: ramesh,dow is showinng quite a strenght inspite of bad news like bad employement data???is this sign of bottoming out atleast for US markets???thanks
Ramesh Damani: yes sit is showing strength...amazing strength
rskperfect: Any particular stock for good level to buy for shortterm gain my guru?please..
Ramesh Damani: fmcg sector will do well..hoec has done well..no new ideas
