Sunday, September 30, 2012

S&P CNX Nifty for the week 1 October 2012 to 6 October 2012.

The Nifty displayed bullishness on the back of short covering. If it continues to trade above the 5675 mark, it will continue to consolidate with bullish bias. For any new highs, it will have to trade consistently above the 5708 mark in the opening trades next week with immediate resistance being at 5752 and 5785. However, on account of truncated week (holiday on 2 October), volumes can drop on Monday resulting in choppy trades. Below 5675, the supports are at 5652 and 5611.

Must watch movies this Autumn.


 India's official entry for category, best foreign language film for the 83rd Academy awards, Anurag Basu's movie 'Barfi' is a must watch romantic comedy. After the phenomenal movies, Life in a metro and Kites, Anurag Basu has done it again. The plot of the movie 'Barfi' revolves around Barfi, a mute and deaf boy, played by the versatile actor, Ranbir Kapoor. The story unfolds through a series of flashbacks. Barfi meets Shruti Ghosh played by Ikeana D'cruz and falls in love with her but Shruti is married by her parents and moves to Kolkata. The romantic story turns into a suspense thriller as Burfi is accused of kidnapping Jhilmil Chaterjee, played by Priyanka Chopra who is an autistic grand-daughter of  the richest man in town.
Set up in Darjeeling with excellent photography and great musical direction with music and background scores composed by Pritam, Burfi is a must watch.
Official trailer.


Directed by Nicholas Jarecki, Arbitrage is a drama genre movie with its plot mostly revolving around Robert Miller, a sixty year old hedge fund manager played by Richard Gere along with Susan Serendon, Tim Roth and Brit Marling. Robert Miller who is desperate to clinch a deal get's caught in a situation involving a car accident. Equally appreciable is the silent role of his wife played by Susan Sarandon. Arbitrage is a must watch movie after a long time from Hollywood studios.
Official trailer.

Friday, September 28, 2012

The Weekend Verses.


Uninvited, the thought of you stayed too late in my head,
so I went to bed, dreaming you hard, hard, woke with your name,
like tears, soft, salt, on my lips, the sound of its bright syllables
like a charm, like a spell.
Falling in love
is glamorous hell; the crouched, parched heart
like a tiger ready to kill; a flame's fierce licks under the skin.
Into my life, larger than life, beautiful, you strolled in.
I hid in my ordinary days, in the long grass of routine,
in my camouflage rooms. You sprawled in my gaze,
staring back from anyone's face, from the shape of a cloud,
from pining, earth- struck moon which gapes at me
as I open the bedroom door. The curtains stir. 

There you are on the bed, like a gift, like a touchable dream.

                                .........from Rupture by Carol Ann Duffy

Thursday, September 27, 2012

S&P CNX Nifty for 28 September 2012

The Nifty did hold the 5649 support, as per calculations yesterday, on closing basis; it closed at 5649.50. Thus, a bullish trend cannot be ruled out in the opening hours with resistance at 5691. Support continues to be at 5628 and then 5604.

Music I grew up with - 7

Wednesday, September 26, 2012

S&P CNX Nifty for 27 September 2012.

The settlement day may see support at 5649, below which, it will be weak and drift lower towards 5628 and 5604. However above 5691, a fresh buying may emerge.

Tuesday, September 25, 2012

S&P CNX Nifty for 26 September 2012.

As predicted yesterday, the Nifty did bounce back from the support of 5652.  For further gains the market must trade consistently above the 5677 mark, immediate resistance being at 5694. However, below the support of 5660, it will find support at 5628 and then 5604. The outlook is consolidation with bullish bias in the face of choppy trades due to the looming expiry of F&O series for September tomorrow.

Monday, September 24, 2012

S&P CNX Nifty for 25 Septemeber 2012.

This being settlement week, the market may tend to be more volatile and show a sudden upsurge, yesterday being an inside day. However, below 5681 mark, it will continue to be weak and with supports around 5652 and below it at 5604, the market may consolidate for a while. For it to be bullish, it will have to trade above 5681 consistently, above which the resistance is at 5699.

Sunday, September 23, 2012

S&P CNX Nifty for the week 24 September 2012 to 28 September 2012.

The technical charts indicate that if Nifty holds above the 5645 mark, it will continue to be bullish with strong upsurges with immediate resistance at 5699.  However, the support of Nifty is at 5675 below which it can slide down to 5604.  If it finds support at 5604 then it will trade with a bullish bias. This being a settlement week with settlement of the September series on 27 September, a volatile move in either direction cannot be ruled out, the resistance being at 5749. Otherwise, the outlook for the market is continued bullish sentiment without any major sentiment as it moves into a new range with lower bounds at around 5450.

Friday, September 21, 2012

Weekend Verses.

Who Ever Loved That Loved Not at First Sight?

It lies not in our power to love or hate,
For will in us is overruled by fate.
When two are stripped, long ere the course begin,
We wish that one should love, the other win;

And one especially do we affect
Of two gold ingots, like in each respect:
The reason no man knows; let it suffice
What we behold is censured by our eyes.
Where both deliberate, the love is slight:
Who ever loved, that loved not at first sight?

                          ....Christopher Marlowe.

Thursday, September 20, 2012

Music I Grew Up With 6

S&P CNX Nifty for 21 September 2012

As expected, the Nifty was weak yesterday. The outlook for today is continued consolidation without any major upset. If the Nifty opens below 5556, it may test the supports of 5527 and then 5452. However, if it manages to trade above 5585 in the first few hours today, then a bout of fresh buying as well as short covering might be seen, the resistance being at 5595 and 5611.

Wednesday, September 19, 2012

Like minded

It is a common notion that like minded people converse and come to concrete results. However it was found in recent studies that it is not quite so.  Read on this brilliant article.

Music I grew up with 5


It is believed that most of a child's learning is between the ages from zero to even before he can talk.  Cultivating the right atmosphere for the healthy development of the baby is what most parents vie for. Here are a few tips on parenting in this brilliant article.

S&P CNX Nifty for 20 September 2012.

The Nifty is exhibiting lack of commitment at higher levels and closed a shade below the tipping point which is at 5603. Below this the Nifty may weaken with supports at 5575, 5527 and then 5452. However, if Nifty trades above the 5602 mark in the opening moves, then it may show a bullish surge today. The resistance remains at 5628 and then 5660. However the outlook continues to be consolidation with an upward bias even if it weakens a bit.

Monday, September 17, 2012

S&P CNX Nifty for 18 Septmeber 2012.

The Nifty fell short of its resistance at 5660 yesterday due to lack of commitment at higher levels. It might open a bit weak today and may may find support at 5576 below which the supports are at 5528 and 5490. The breakout into a new range can only be confirmed after a few more trading sessions. However, it will be bullish and may aim again for 5660 only if it trades above 5618 consistently, the immediate resistance being 5627.

USD INR ahead.

The INR has strengthened against USD. Strength of the rupee will only be confirmed if it consistently trades below the 53.95 mark in the next few trading sessions in which case it will find supports at 52.22 and 51.9. However, above 54.48, the rupee may again turn weak.

Fiat currency and gold

 The depression of 1930s ended with the end of the gold standard. Will the current depression that has grabbed the world end with the end of paper money, the fiat currency and most of all, will it end the USD's role in international settlement.
In this audio interview Felix Zulauf goes into great detail about what investors should expect as the system implodes and, more importantly, how they can protect themselves.

Sunday, September 16, 2012

S&P CNX Nifty for the week 17 September 2012 to 21 September 2012

Nifty is well in the grip of the bull camp and is headed for the next major resistance of 5660 if it stays above 5560. However, below 5560, it may find support at 5524, 5473 and 5425 and consolidate with a bullish bias. For intra-day trade, the Nifty must bounce from 5526 to confirm the bullish trend.

Saturday, September 15, 2012

Weekend Verses.


I think I was searching for treasures or stones
in the clearest of pools
when your face ...

when your face,
like the moon in a well
where I might wish ...

might well wish
for the iced fire of your kiss;
only on water my lips, where your face ...

where your face was reflected, lovely,
not really there when I turned
to look behind at the emptying air ...

the emptying air.

  Carol Ann Duffy (1955-)

Thursday, September 13, 2012

Music I Grew Up With - 2

S&P CNX Nifty for 14 September 2012.

The Nifty did not sustain above the previous high and 5450 continues to be the resistance but it did manage to hold above 5419 mark yesterday. Nifty must stay above 5432 mark today for the upward journey failing which it may take a breather today, the support being 5401 and then 5375. Otherwise it is headed for 5660.

Wednesday, September 12, 2012

S&P CNX Nifty for 13 September 2012.

The technical indicators are suggesting that there is a little more headroom on the upside, if it stays above 5419. However on the flip side, below 5411 one can see unwinding of longs with support at 5382.

Music I Grew Up With....I

Tuesday, September 11, 2012

S&P CNX Nifty for 12 September 2012.

After a soft opening Nifty bounced from 5332, much in lines as predicted yesterday. The outlook continues to be consolidation with bullish bias as long as it trades above 5368 below which it may find support at 5348. The sentiment will however reverse below 5306.

Booker prize 2012 short list

Today, the judges have short listed six books for the Man Booker prize 2012.
The list is :-

Man Booker shortlist: Bring Up The Bodies by Hilary Mantel
Man Booker shortlist: Garden of Evening Mists by Tan Twan Eng
Man Booker shortlist: Narcopolis by Jeet Thayil book cover
Man Booker shortlist: Swimming Home by Deborah Levy
Man Booker shortlist: Umbrella by Will Self
Man Booker shortlist: Alison Moore's The Lighthouse

Monday, September 10, 2012

S&P CNX Nifty for 11 September 2012.

Nifty closed yesterday at 5363.45 which is just above the tipping point placed at 5362.65. Below this we have supports at 5335, 5312 and 5275. The technical,charts, however, are suggesting a somewhat soft opening for today.

Sunday, September 9, 2012

S&P CNX Nifty for the week 10 September 2012 to 14 September 2012.

The Nifty turned bullish last week on account of short covering and it must stay above the 5311 mark to continue its upwards journey. The immediate support is at 5327 and then 5305. If it dips below 5270, then new shorts will develop leading it towards the 5190 mark. However, the charts are signalling an immediate uptrend for today as long as it trades above 5362 in the opening trades.

Friday, September 7, 2012

Interactive overview of the public debt across the planet.

Check the total government debt of all the governments world wide, tick by tick- anytime. Click on the link below.

The Global Debt Clock.

Special trading session.

The national stock exchange is conducting a special trading session in the futures and cash markets today. The pre-opening is at 11 am and the trading will start at 11.15 am. The markets will close at 12.45 pm.

Weekend verses.

It is here

What sound was that ?

I turn away,
into the shaking room.

What was the sound that came in on the  dark?
What is the maze of light it leaves us in?
What is the stance we take,
To turn away and then turn back?
What did we hear?

It was the breath we took when we first met.

It is here. Harold Pinter

Thursday, September 6, 2012

S&P CNX Nifty for 7 September 2012.

The Nifty after bouncing from the trending line yesterday did manage to show a spurt upwards but could not sustain the gains. The outlook for today is that a bullish spurt is possible if it does not breach the 5230 mark. Below the 5230 mark, which is also the trend line point, the index may drift further down towards the 5190 mark.

Wednesday, September 5, 2012

INR-USD ahead.

Confirming the earlier predictions, the Indian Rupee has turned weak against the dollar and if it trades above the 56.10 mark then we are headed for another bout of weakness and consequent impact on other Capital markets in the country as foreign investors may turn panicky. The immediate support however is at 55.35.

S&PCNX Nifty for 6 September 2012.

The Nifty is clearly headed for 5190, if it does not take support at yesterday's low of 5315 which also happens to be the support as per the trending line. However, if it trades consistently above 5233 in today's trades, then only can one expect it to go up to the immediate resistance of 5255. Investors are advised to place bids much below the offer price in key stocks as a panic might set in in case of a slide below 5185.

Jeff Kinney's seventh book !

 Love is in the air- but what does that mean for Greg Heffley? Find out this November when the seventh book is all set to be released on 13th.

The Third Wheel (Diary of a Wimpy Kid, Book 7)

Fancy this...

Tuesday, September 4, 2012

S&P CNX Nifty for 5 September 2012

The Nifty did manage to reach the resistance of 5278 as predicted yesterday. However, for it to continue in its upward journey, it should not fall below 5250 and stay above 5261 for most part of the day with good volumes, the resistance above 5287 being at 5318 and then 5342. On the flip side, if it trades for longer period below 5250 then it will gradually drift downwards to 5190.

Peter A Ubel's new book released today.

 Peter A. Ubel, M.D., is a physician and a behavioral scientist at Duke University. An internationally renowned writer and researcher, he is the author of three books: Pricing Life, You're Stronger Than You Think, and Free Market Madness. He writes for numerous science publications as well as the New York Times, the Los Angeles Times, Psychology Today, and The New England Journal of Medicine.
All too often, problems in communication between a doctor and patient can lead to bad medical decisions. As a practicing physician and a behavioral scientist, Dr. Peter Ubel has a unique understanding of this dangerous situation—and in Critical Decisions he addresses the problem while revealing a new revolution in medical decision-making. Critical Decisions combines eye-opening medical stories with groundbreaking behavioral science research, while offering important information and common sense solutions to promote better doctor/patient relationships thereby ensuring that the right decision will be made in life-saving medical situations.
His 368 page new book Critical Decisions: How You and Your Doctor Can Make the Right Medical Choices Together was released today on 4 September 2012. Hope it turns out to be as interesting as the previews.

Monday, September 3, 2012

S&P CNX Nifty for 4 September 2012.

The support of 5240 held yesterday. A breach of the support of 5240 may see Nifty continue to drift gradually towards the 5185 mark. It may resume its upward trend only if it trades above the 5266 mark for longer period and then conquers the immediate resistance of 5278 conclusively.

Sunday, September 2, 2012

S&P CNX Nifty for the week 3 September 2012 to 7 September 2012.

If the benchmark index trades below the 5266 mark with good volumes then 5240 must be the immediate support and we can see the Nifty sliding gradually down to the support of 5188. Below 5185 mark, fresh shorts will be built up and all the recent gains will be given up. However, above the 5266 mark, the nifty may go up to 5280, 5320 and 5365. Charts, however. indicate bounce back and upside from here on.