madhav ranade (10/29/2008 9:52:58 AM): good morning ! SAAL MUBARAK to all my gujju friends ...... enjoy yr day .... a pop in the morning is on but my posn trading long level of 2873 is far away and i dont think it will be reached .... dow has moved up sharply on expectation of rate cut and now expectation is 0.75 to 1 % cut .... that wl put fed rate below what greenspan did ...... so looks rather difficult to me and then there is every chance of US markets getting spooked .... with all above logic, i think we wl hv a modestly higher close today .... keeping in mind tomorrows holiday ..... so morning pop is to exit stuck longs or profit booking ... whichever way u look at it .......
madhav ranade (10/29/2008 11:01:07 AM): those who went long on GMR yesterday ..... are getting a royal screw ......... i think they asked for it ....... so deserve it .........
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madhav ranade (10/28/2008 6:11:55 PM): good evening ! wishing happy diwali and prosperous new year ..... and let us hope we will not have any excesses of the last year ..... on the long as well as on the short side .... and regulators will be fair to bulls as well as the bears ...... and it wont be one way street for chiddu and everyone coming the otherway will be looked at like a criminal ...... we are going to hv a smart little bounce and i hope it is a durable one ... as we r trading tomorrow as well ..... i expect about 80 to 100 nifty points ...... let us see how it plays out ......
madhav ranade (10/28/2008 6:50:32 PM): ntpc is running ...... lets wait till tomorrow ..... but this show of strength is playing into hands of bears ..... i reiterate results are nothing to cheer about .... so if u hv built longs ... sell in strength and take home profits ......
madhav ranade (10/28/2008 6:57:44 PM): MRPL ...... due to dismal qtly results the stock has dipped ..... shud be treated as an opportunity to accumulate at a reasonable level ......
madhav ranade (10/28/2008 7:05:19 PM): US has opened a bit subdued compared to futures indication and ......... may be some profit taking or long unwinding will happen in last 10 mins of trade ....... it is inevitable ....... and may be warranted as well .......
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madhav ranade (10/27/2008 9:42:09 AM): good morning ! so we r in the zone of 2550/2700 indicated 3 weeks ago ..... we hv reached it a bit too earlier than expected .... but even if 10 investors hv pulled out of MFs and saved 30 % that they wud hv otherwise lost, i think i have achieved something ..... now, we look at 2300/2400 zone as the next stop ...... my posn trading levels for nifty are 2573/2837 ...... so remain short if nifty trades below 2573 ..... exact sl and targets are sent to paid customers ....... cheers once again who hv listened to me and pulled out of MFs ......
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