Messages

good morning ! a positive opening with positive bias expected ....... my nifty intra levels will give u guidance ....... how to trade ....... hero honda calls for profit booking after the big upsurge yesterday ....... the stock is being knocked out of model portfolio as well .... we need to book profits on big moves and look for a lower level to re-enter ..... cash generated can be deployed in some other stock ..... ispat was always a strict NO NO .......

HERO HONDA ...... use the bounce to exit .... if u hv not been able to exit at a better level ......... u wl get stock back at significantly lower level ........ auto sector is likely to buckle under the pressure of BASE EFFECT ...... this is a very good price to EXIT ..... full stop.

TCS ..... we were buyers around 1000 .... but we will exit now .... 15 % in 3 weeks .... we must book profit ...... remember dreams dont last forever ...... get up in the morning and screen is blank ......... INFY vs TCS ..... i am biased towards TCS ...... see ... in the short term also it has outperformed INFY ....... i was and iam never a buyer in infy ..... after nandan has left ...... i am very clear in my mind ..... THEY ARE LACKING LEADERSHIP .......

THANKS .... CHANDU BHAVE all MF distributors will be rejoicing today ...... chandu bhave has to leave SEBI from feb 2011 ...... the man who did so much for retail investors has to take a bow .... finally ..... due to strong MF lobby ...... lets hope that we dont have to pay entry load again ... which has been removed by mr bhave ....... this world is like that ..... he had goodwill of retail investors .... but they r not organised lot ... while MF lobby was united ....... lets hope he will continue to look after our interests in whatever new asignment he may take up ...... otherwise he can become a consumer activist ..... that role will suit him ...... as he knows theways and means .... inside out ......

how many of u hv read mr chandrashekhar's open letter to ratan tata ........ since last 2/3 yrs ..... the saying has come true ...... circumstances changeth the man ........ when in deep troubles with billions of dollars of debt ........ the man has changed for sure ........ playing the market became in-evitable as private placement / rights issues to succeed .... need high equity market support ....... and when the lure of money came .... by way of placement to docomo .... and otherwise the cash balances stretched to the limit for the group ...... may be he has fallen prey ...... just goes to prove .... he is also as human as anyone else ... although not in the same category like the sterlite agrawal or essar ruia ..... any comments ? ? ?

HDFC ...... 662 low ...... yesterday i wrote .... and someone is listening ....... now u can buy the stock with med term investement perspective ..... upto 650 ...... keep a sl of 630 on weekly closing basis .........

ITC ...... i will look to buy around 162/163 ...... another FII favourit ....... but OVERVALUED .......... when FIIs wl take money out ... this stock can have a serious downside ........ upto 140/45 level ....... so even if u buy at 162/64 .... a strict sl is reqd around 155/56 level .......

look at chambal and MRPL at cmp of 77 and 69.5 respectively ....... one may buy for med term ...... 4/6 months ..... for 15/20 % returns ....... strict sl of 5 % on weekly closing basis ........

HDFC .... all large brokerages r reluctant to give a negative view on this HOLY COW of indian stockmarket ....... is it out of RESPECT .... or because of HNI and institutional book that they carry ...... needs to be investigated ......... i am the only person who is time and again saying that the stock is overvalued .... in view of last two qtly results ....... and now deferment of HDFC life issue ... and increase in FD rates by all PSU banks will hurt even more ........ keep that in mind .......

last nov - nov 2009 - was the time when cash for scrap scheme was on in most european countries as well as UK ...... so this nov - nov 2010 - car sales figures r lower tha nov 2009 car sales figures ...... same will be true for JLR as well ...... what does that mean for tata motor stock ...... while th profit figs of JLR will be dainted for this qtr .... they still wl be reasonably similar to sept qtr figures ... since festive month in europe is on ... and some uptick can be expected over oct / nov figures .. which may not be really good. tata motors shud drift lower .... not slide ..... from here on and no - entry in a hurry - is warranted as valuations will definitely come down after nov nos are announced on 15th dec ...... in domestic market ... nano episode cannot be forgotten ..

excerpts of my yahoo messenger chat yesterday .... madhav ranade (11/26/2010 9:14:05 AM): good morning ! i expect 5800 around to be tested in first 15/20 minutes ...... on spot basis ...... if it were to happen we can go long with 10/12 points sl ........ if it moves further up ..... be ready to go short on first signs of weakness ....... tata motors is going to make an upmove ...... but as i said it is to exit longs .... cheers ...... madhav ranade (11/26/2010 9:26:24 AM): lic hsg fin ....... see .... my stand vindicated ....... UBS has derated the stock to 800 ..... cheers .....i knew it was coming .....dont touch this stock ..... cheers ....... madhav ranade (11/26/2010 9:28:35 AM): lic hsg fin ....... see .... my stand vindicated ....... UBS has derated the stock to 800 ..... cheers .....i knew it was coming .....dont touch this stock ..... cheers .......

madhav ranade (11/26/2010 9:38:06 AM): tata motors ....... watch closely .... it has broken 1180/90 zone ..... if it continues there for some more time .... we will have 1100 /10 coming soon ..... cheers to people who follow me ........ they know .... i am always reallistic ... and safety of money is uppermost in my mind ........rather than some small gains here and there ....... not ones i said to buy LICHSG... even when it was moving up from 1150/1200 .... it was terribly overpriced with risk / reward against u .........

madhav ranade (11/26/2010 10:49:48 AM): yesterday i saw rasesh shah on TV .... he is saying it is just a correction .... a routine correction ...... he is a typical broker .... who is interested in that the people shud keep trading on his terminals ..... he has nothing to do with they make money or they lose money ..... his stream of income shud remain intact ...... and he knows that is possible nly if he is ever bullish .... if market tanks further he has nothing to lose ..... but by saying that the market is weak he has a lot to lose ... as people may refrain from trading ...... now it is for retail to decide whether more that 10/12 % fall is just a correction or what ..... decision is ultimately urs ..... i hv just explained to u how a typical broker thinks and speaks ......

madhav ranade (11/26/2010 10:55:10 AM): IFCI ........ 53 ..... HEY RAM ........ for most ....... thank god ...... for my followers .......

madhav ranade (11/26/2010 2:28:11 PM): i was away last 2 1/2 hrs .... just back .... everybody has got enough opportunity to tank on favourit stocks ....... LT at 1900 odd / icici at 1100 odd / sbi at 2800 odd ...... tcs at 1000 odd ( 2 days ago ) ... rcom at 130/32 ...... only thing whether there was some one to guide u like that ....... brokers will tell u to buy at any level .... up or down ... there business is to make u buy .... anything .... because only if u buy .... u wl sell ! ! ! ...... cheers .......

madhav ranade (11/26/2010 2:49:35 PM): look at following stocks from med term perspective ....... RIL ONGC axis bank MRPL JSPL siemens maruti glaxo biocon idfc

madhav ranade (11/26/2010 2:53:50 PM): three oil marketing cos - IOC / HPCL / BPCL NMDC and piramal health are my value picks ......

madhav ranade (11/26/2010 2:57:24 PM): for med term ... can add a few more names ......but some hv moved up and may correct in coming days ..... may be we can look at cairn energy around 290/300 level ........

madhav ranade (11/26/2010 3:00:18 PM): i hv tried to look at technicals as well as fundamentals of these stocks federal / icici SBI / LT all hv moved up ..... lt / sbi were given yesterday ... for powergrid switch .......

madhav ranade (11/25/2010 9:22:40 AM): powergrid ...... supply is getting absorbed at 95 .... easily ....... i think the stock wl move up to 97/98 by day end .......

madhav ranade (11/25/2010 11:08:12 AM): housing scam case ....... the problem is the malice that is prevalent in the system ....... SPEED money ..... the nicer way of putting it ...... i want my job done now .... so i pay ...... then it extends .... i dont hv proper credentials or attributes .... but i want my job done ....... so i pay more and get my job done ........ and so it goes on ... when it comes to banks .... dilution of prudential norms is the biggest crime one can do .... and when the CEO of the co is involved ....... the whole co has to come under cloud .... no matter what is the press note saying ...... a corrupt CEO can not be a good commander ...... full stop. madhav

madhav ranade (11/25/2010 11:18:41 AM): housing scam ...... the larger issue is that the internal audit system is unable to find the bending of prudential norms of lending ....... if that system system is not foolproof .... so there will be hundreds of corrupt officers working at several levels and taking advantages of lacuns in the system ...... just because we r in the market and everyone wants markets only to go up .... so even doyens like deepak parekh also ready to pull wool over their eyes .... yesterday he was saying that is how the system works ....... hahaha ....... a big joke ......

madhav ranade (11/25/2010 12:58:34 PM): when u hv two previous trading sessions like we had .... to pick intra trading levels is really a big challenge ........ i am glad that i picked the right ones .......