Monday, August 31, 2009

31-08-2009

BTST IFCI cmp 56.50
Buy ISPATIND for delivery stop loss 20.70

Tuesday, August 25, 2009

25-08-2009

Buy Nifty Sept 4500 PE between 105 - 108 with positional outlook, stop loss below 88

Thursday, August 20, 2009

20-08-2009

Short Nifty Future between 4475-4480 stop loss 4495

Tuesday, August 11, 2009

INDIAN way of doing business:

Three contractors are bidding to fix a broken fence at the White House in D.C. One from Bangladesh, another from India and the third, from China.

They go with a White House official to examine the fence.

The Bangladesh contractor takes out a tape measure and does some measuring, then works some figures with a pencil. "Well", he says, "I figure the job will run about $900. ($400 for materials, $400 for my team and $100 profit for me)".

The Chinese contractor also does some measuring and figuring, then says, "I can do this job for $700. ($300 for materials, $300 for my team and $100 profit for me)".

The Indian contractor doesn't measure or figure, but leans over to the White House official and whispers, "$2,700."

The official, incredulous, says, "You didn't even measure like the other guys! How did you come up with such a high figure?"

The Indian contractor whispers back, "$1000 for me, $1000 for you, and we hire the guy from China to fix the fence."

"Done!” replies the government official. 
Buy Nifty Aug 4400 PE between 94 - 96, stop below 83.
 
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