movie review- Yeh saali zindagi.

Yeh saali zindagi- review

Yet another 130 minutes gangster movie from Sudhir Mishra who had already shown his talent in 'is raat ki subah naheen' which was based on Mumbai underworld. This time it's a crime infested world of Delhi with brilliant cast of great actors- Irrfan Khan, Arunoday Singh, Chitrangda Singh, Aditi Rao Hyadri, Saurabh Shukla and Sushant Singh. The story has surprise element and cinematography and music make the movie a perfect 8 on a one to ten scale.

EU Summit in Brussels.

Thanks to the opposition by several prime ministers from euro-zone to the proposal of Angela Markel, the German Chancellor and Nicolas Sarkozy, the French president to initiate efforts to strengthen the euro in a European Union Summit meeting held in Brussels on Friday. The need of the hour is to take steps to weaken euro and give a last chance to the stressed economies of Greece, Ireland, Spain, Portugal and Italy.

Weekly roundup (28.1.11 to 4.2.11)

The Nifty closed at 5604.3 for the week ending 28Jan 2011. This week it opened weak at 5452.85 and then after trading in a narrow range between 5539.15 and 5402, it finally gave in to supply pressure on Friday the 4th and after seeing an intra day low of 5369.05, as the stop losses got triggered before closing at 5395.75.
The Friday trading was significant because for the first time since May 2010, the entire candle for the day was formed below the 50 week moving average. However there is the silver lining in that the Nifty has filled up all the weekly gaps of the week on week rises of August to September 2010 and retraced 61.8% since May 2010 levels of 4800.
The next two trading days will be significant in that either there will be a final capitulation establishing that Friday's sell off was a false breakout or else a medium term bearish trend will be established with upside capped at the 50 week moving average. For Nifty options traders, Straddle is advised.

Inflationary pressure.

First it was the rise in the prices of commodities like Iron ore, Rubber, cotton and now the news of a closure of Suez. Oil's definitely going to be on a boil. The bankers have a case for interest rate hike, come the Davos summit.

Egyptian growth.

The central point of the current crisis in Egypt is the unemployment factor with a big mass of youth unemployed. There was significant growth though, but the growth was not trickling down. Wealth was amassed in a few hands.

The central point of the current crisis in Egypt is the unemployment factor with a big mass of youth unemployed. There was significant growth though, but the growth was not trickling down. Wealth was amassed in a few hands.

Signals of distress.

There is recession in developed economies with no visible signs of significant growth. The Fed continues with its plan of quantitative easing. US is still limping and staggering and a lot of noise has already started to emerge to tighten the interest rates. In the Euro zone, first it was Greece and then Ireland and now the contagion has spread to Spain and Portugal. Italy is next. All that has been done so far is to bail out the distressed economies with no emphasis whatsoever on restoring growth. The EU decided in December 2010 to postpone the much-needed reforms to beyond 2013 and there are no signs by the ECB to let the Euro weaken. 

And then there is boom in emerging over populated economies and inflation heading north due to drive up in commodity prices. 

Are we, then, heading for yet another crisis!