If the Nifty manages to stay above 5470 conclusively on big volumes then only one can expect an immediate term bull trend. The market is in a mid term bearish trend and unless it crosses the 5470 mark as specified, all upswings will be used to create fresh shorts. 5000 however is a strong support for the current week.
Sunday, February 27, 2011
My choice!! And the Oscar goes to..
My choice is marked in blue and the Nominations are:
BEST PICTURE
Black Swan
The Fighter
Inception
The Kids Are All Right
The King’s Speech
127 Hours
The Social Network
Toy Story 3
True Grit
Winter’s Bone
DIRECTOR
Darren Aronofsky
Black Swan
Joel Coen and Ethan Coen
True Grit
David Fincher
The Social Network
Tom Hooper
The King’s Speech
David O. Russell
The Fighter
ACTOR IN A LEADING ROLE
Javier Bardem
Biutiful
Jeff Bridges
True Grit
Jesse Eisenberg
The Social Network
Colin Firth
The King’s Speech
James Franco
127 Hours
ACTRESS IN A LEADING ROLE
Annette Bening
The Kids Are All Right
Nicole Kidman
Rabbit Hole
Jennifer Lawrence
Winter’s Bone
Natalie Portman
Black Swan
Michelle Williams
Blue Valentine
ACTOR IN A SUPPORTING ROLE
Christian Bale
The Fighter
John Hawkes
Winter’s Bone
Jeremy Renner
The Town
Mark Ruffalo
The Kids Are All Right
Geoffrey Rush
The King’s Speech
ACTRESS IN A SUPPORTING ROLE
Amy Adams
The Fighter
Helena Bonham Carter
The King’s Speech
Melissa Leo
The Fighter
Hailee Steinfeld
True Grit
Jacki Weaver
Animal Kingdom
ORIGINAL SCREENPLAY
Another Year
Mike Leigh
Inception
Christopher Nolan
The Fighter
Scott Silver, Paul Tamasy and Eric Johnson
The Kids Are All Right
Lisa Cholodenko and Stuart Blumberg
The King’s Speech
David Seidler
Monday, February 21, 2011
Nifty for 22.2.2011
After a fall to levels of 5413 the nifty shot up to 5526 before closing at 5518. The day as envisaged earlier was extremely volatile, but on the closing basis it ended on a strong wicket. The market will be bullish tomorrow if it sustains above the 5500 mark in the early trade.
Sunday, February 20, 2011
| Director : Music : Starring : | Srikanth V. Velagaleti Shamir Tandon Vinay Pathak, Mahie Gill, Sanjay Mishra, Saurabh Shukla and Mona Singh |
Released on 4 February 2011, this is yet another thriller involving underworld albeit in light humor. The talented actor Vinay Pathak plays double for the first time. The story with a slow start gathers momentum as it unfolds. The story line is compelling and engages the viewer till the end with lots of twists and turns. Its a must watch not to be missed intriguing movie. On a scale of 1 to 10 it is clearly an 8.
Nifty for 21.2.11 to 24.2.11
After three consecutive weeks of losses in the Nifty the markets finally managed to register gains. All was going well until Friday when after touching an intra-day high high of 5599.25 the nifty gave up all the gains and settled at 5458.95, but still up by 148.95 points on week on week closing basis.
The market next week should start on a week note but if it conclusively crosses the 5470 mark in the early hours and stays above it on good volumes then a retest of the 5636 and 5737 levels cannot be ruled out. Below the 5466 levels markets will only loose ground. The supply however seems to have dried out. So another wave of complete wash out is ruled out for the week. However, the market on Monday can be very volatile.
The next series starting on 25th March should however end on a bullish note
Wednesday, February 16, 2011
The Arab world turmoil.
The turmoil which began in Tunisia, following the death of Mohammed Bouazizi, who set himself on fire on Dec.17 and died on January 3, leading to the expulsion of Tunis dictator Zine el-Abidine Ben Ali spread all over the Arab world resulting in sacking of the Jordan premier and later stepping down of Husni Mubarak in Egypt after three decades in power. Emboldened by the unexpected the protests have now spread to Yemen, Bahrain and Iran and now Libyan city of Benghazi. The control of autocratic rulers over the Arab world is coming to an end and although most of the economies are high growth economies but the bottom line is that the benefits of growth are not trickling down to the masses and growing unemployment was not being addressed by the Autocrats.
Saturday, February 5, 2011
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.
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