09 November 2009

Srisai's Instinct Stock Calls for Dt: 09.11.2009

Srisai's Instinct Stock Calls for Dt: 09.11.2009

This(Srisai's Instinct Stock Calls) will be a New Initiative of this blog to Publish Blog Author's Own Investment/Trading Calls for Short-Medium Term perspective. But All these Calls are not given on Purely Technical perspective. Most of these Calls are given by Blog Author from His past Investment/Trading experiences. So Do not expect More depth in Calls. Author has tried his best to give some calls for the benefit of Investors/Traders from his experience and from some media/web/news based call. So author request all the investors/traders to take/try these Calls as RISK CALLS. And Keep Strict Stop Loss Own (or) Keep Resi,Supp levels As Stop Loss for their Trading(or) Trade/Invest @ your Own Financial Risk. All type of Comments are Welcome about this New Initiative. Dont Forget to Keep Stop Loss and Again Author Remembering you that he is giving calls only from his past trading experience...

Nifty Future cmp 4790

Nifty Future Will face Stiff resi @ 4864-4880 levels... BEARS Will get Happy if BULLS not able to hold/cross this levels... Next Resi @ 4905-4930.... Supports at 4765-4724-4704-4681 levels....


Time TechnoPlast cmp 40

Buy this Stock as Purely Investment Perspective... You can get good returns if you hold this for a 1 year period. Supports at 33 levels...


Mphasis cmp 722

Its IT stock... Stock is running..... running..... in the upper side..... Looks Good.... Supports at 660-630 levelels.... Buy this Stock with Given support(660-630) as Strict StopLoss and Go LONG.... Further Upside is expected...


Adani Enterprises cmp 827

I like this stock very much... Because when NFut at 5150 level this stock was at below 700 range... Now NFut in 4800 range , but this stock is at 800 levels... Looks Good at this level... Year high nearly at 870 levels... Supports at 740-730 levels.. Buy This Stock with 730 as Strict StopLoss... Good return expected in medium term.


JSL cmp 98

(Formerly)Jindal Stainless Steel .

Stock has crossed stiff resi levels of 90-93 in few days ago... But hovers around that level... Take that resi as Support & StopLoss 90-93, Go LONG in this counter... Other Supp at 75-78 levels... Year high was 118.... Good returns expected in Medium term...



By

Srisai..

07 November 2009

Teens who are already CEOs of their own companies

Teens who are already CEOs of their own companies


By: Mahafreed Irani, TNN

After the daily grind of school and tuitions, most kids prefer to wind down by harvesting virtual strawberries on Farmville.

But some would rather make money. Meet a new breed of teens who are already CEOs of their own companies. Their success shows that you don’t need a fancy MBA to be an entrepreneur, only broadband and some out-of-the-box thinking.

MOOLAH ROUGE: Mohnish Nagpal, 17 years

Mohnish doesn’t take a break after college. He starts work at 5.30 pm when his target audience in the US wakes up and logs on to the internet. Nagpal makes money online by telling others how to make money online. His blog: Sensonize.com.

One of his posts, for instance, gives tips to teens who can do with some extra money. It lists blogging , affiliate marketing, paid surveys and writing articles for directories as some of the ways of making money. “Very few people know that you can even earn by tweeting,” he says. With a steady five-figure income, he doesn’t have to worry about pocket money. He even bought himself a six-gear mountain bike recently. “Every time someone clicks an advert on my blog, I get paid for it,’’ he smiles.

This year, Nagpal, who first earned Rs 5,000 off the internet at 13, started Limespace Networks, a website-hosting company that caters to 35 customers . A student of commerce and IT at MMK College in Mumbai, the teenager, who wants to retire at 25, doesn’t think about the future much. His wish may well come true. He has already made it to a list of top international bloggers aged 21 or under on Retireat21.com, a forum for internet entrepreneurs.


GEEK GOD: Monik Pamecha, 13 years

If you don’t find 13-year-old Monik Pamecha in his room at his Santa Cruz home, look for him at his Wi-Fi-enabled terrace. For, when it gets noisy, this blogger likes to escape upstairs, sit on the water tank and dash out posts to his subscriber base of 16,000.

The self-proclaimed geek runs technology website etiole.com, a networking site for “geeks” called iluvtech.org and URL shortening service hop.im. Pamecha’s sites are so popular he’s regularly visited by PR executives of gadget companies who deliver their latest products at his doorstep in anticipation of a review on his five-year-old blog, Etiole. The blog has 26 other authors who he has recruited from around the world. Each gets paid from the advertising income generated by the website traffic they attract. Apart from reviews, Pamecha posts technology tips. One of his posts is on “five places where you should not keep your iPhone” .

Not content with three websites to his name, Pamecha, a student of Lilavatibai Podar School in Mumbai, is all set to launch a media-sharing website. But he says he couldn’t have achieved so much without his father’s support. Manoj Pamecha bankrolls his son’s ventures, buys him gadgets and advises him on how to take “calculated business risks” .


MEDIA PLAYER: Farrhad Acidwalla, 15 years

Founder-CEO of Rockstah Media, Farrhad Acidwalla has converted his Dadar Parsi Colony house in Mumbai into a workstation for his web development and media company. Staying up all night on his Mac Book Pro is a habit he’s acquired after three years of juggling business and homework . Acidwalla earned his first cheque at the age of 13.

“I created an aeromodelling and aviation website that attracted a lot of attention and sold it later,” says the HR College student who has a long list of clients including corporates. “I have just bagged clients from the education industry in UK,” he says.

Today, the self-taught web-developer works with a team of web designers, developers, search engine specialists and social media marketers to build and promote websites. He swears by his company’s slogan, “creating awesomeness” , and looks up to fellow web-based businessmen like Ayush Software’s Karamveer Singh, Kratee’s Annkur Agarwal and Mouth Shut’s Faisal Farooqui. “Being young is an added advantage as I can come up with many innovative ideas,” he says.



More about this at Teens who are already CEOs of their own companies

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Heard on the street


Bulls & bears rush to cut market exposure



Even as the market remains divided about whether this is the right time to lock-in profits, the buzz is that some of the leading traders and operators have already trimmed their exposure to stocks, of late. Grapevine has it that Rar(e)ing Bull and Old Fox cut a portion of their stock positions a couple of weeks ago, before short-selling in the market.

Indices fell around 8-9% in the past two weeks of October. It is also speculated that they covered their short positions early this week. Pink Panther, who has been officially banned from trading in Indian markets till 2017, is also rumoured to have created huge short positions in the market.

IFCI back in favour after stake sale talks revive

Financial institution IFCI, which was in limelight in the later part of the previous bull run, is once again finding favour among traders and operators. The stock, which has gained close to 16% in a week, closed at Rs 51 on Friday, up 2.5% from the previous close. Talks that drove up the stock in 2007 have resurfaced now. Speculation has it that the government is looking to revive the process for selling its stake in IFCI soon.

Traders, who had bet on the stock aggressively in late 2007, when it was at its peak, are unlikely to forget the stock plunge after IFCI, in December 2007, called off the process for the stake sale to a strategic partner, after the Sterlite Industries-Morgan Stanley consortium demanded management control.

AMC plans listing as its asset base swells

A FINANCIAL services major, which is planning to list its asset management company in the near future, is striving hard to ramp up its asset base. According to fund industry sources, a swollen asset base would help the financial services
behemoth command higher valuations at the time of public issue.

The fund house, as per industry grapevine, is also keeping distributors in good humour by handing out extra commissions and freebies for bringing money into its schemes. The effort appears to be showing results, as the fund house has gained appreciably in both equity and bond asset bases, of late.

Contributed by Nishanth Vasudevan, Apurv Gupta & Shailesh Menon

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Look at some top picks in the auto sector



Src: Economictimes.Indiatimes

Selloff boon: Govt richer by Rs 50k cr in 1 session

Selloff boon: Govt richer by Rs 50k cr in 1 session

MUMBAI: In just one session on Friday, Dalal Street made North Block richer by over Rs 50,000 crore, before government sold even one share in its
portfolio of companies.

The stocks of government-run companies were on a roll — thanks to the government's decision that at least 10% more stake in all listed PSUs will be divested — as investors rushed in to lap up these scrips.

Consequently, the total market capitalisation of 48 PSU companies went up by about Rs 62,000 crore with the government's share in this increase at about Rs 50,000 crore.

The hectic buying in PSU counters led to some of these stocks hitting the upper circuit limit. For example, MMTC closed the day 20% up at Rs 36,147, while NMDC ended 10% up at Rs 338. Both these are highly illiquid counters because public holding in both these companies is less than 2%. While in MMTC the government holds 99.33%, in NMDC the corresponding figure is 98.4%. ‘‘The government's decision to divest will lead to higher level of floating stocks in these counters and hence the euphoria around these stocks,'' said a dealer at a local brokerage.


Also Read
Fresh PSU sale to add Rs 3.2 l cr to M-cap
PSU investors richer by Rs 26,000 crore in a single day
Disinvestment of listed PSUs worth Rs 25k cr at current price
For first time, analysts differ on RIL's earnings growth prospects


Among the 49 listed PSUs, only MTNL ended in the red. Seemingly this was because the government holds 56% in this telecom company and will probably not divest 10% in it due to political and union pressures, market players said.

On Thursday, home minister P Chidambaram, who was earlier the finance minister, announced the government's decision about divestments in PSUs. He also said the government will divest stakes in all the profitable PSUs through public offers.

Market players pointed out that usually decisions about divestments are announced by the finance ministry but in this case it was the home minister who did so. In Friday's market, delivery volumes also went up substantially in most of the PSU counters.



Src: Economictimes < Selloff boon: Govt richer by Rs 50k cr in 1 session >