Presidential Elections: Support Dr.Meira Kumar

Bihar and Jharkhand governments have no choice but to support Dr.Meira Kumar. As defeat of "Bihar ki Beti" will invariably bring Shame to the Biharis and Jharkhandis (or erstwhile unified Bihar). Do you think that, people of Bihar will leave Nitish Kumar Scott - free, if Dr.Meira Kumar loses ? So, Nitish Kumar has very little option left but to support, Dr.Meira Kumar.

Moreover, if Nitish Kumar wants to fall in the BJP's well calculated electoral TRAP no one can save him in the next election.

Also, I am surprised to see Mr.Navin Pattanayak, so easily chewing the RSS bait. Orissa is a state, where there is large chunk of Tribal Christian voters loyal to the BJD (Biju Janata Dal). I am still to fathom, BJD's sudden electoral gamble of siding with the RSS and the BJP; when Mr.Pattanayak has been maintaining distance from them since some time.

Besides, the election of Dr.Meira Kumar, who is educated, experienced and very sober, might also correct some of the historical mistakes of not making her father, the Prime Minister of India.

Also, I don't think all the Muslim and Christian MPs and MLAs from the TDP and TRS will ever support a RSS backed Candidate, who acted against Dalit Christian and Muslin reservations. Therefore, invariably cross voting will take place, which might give the underdog, Ms.Kumar, a win. Support Dr.Meira Kumar, give a conscience vote and make her the 2nd Female President of India.

All the best to Dr.Meira Kumar.....👍✌



Wednesday, August 07, 2013

WINNING STROKESTHINK DIFFERENT
A buy call was initiated in Nifty today, at the spot rate of 5505, the Nifty_Spot moved to 5561.45, before, cooling down a bit and closing at 5519.10, which is above the crucial support of 5500. I am sure those who are there in my Facebook Friends' list could make some money from the call. The trigger for the buy came when the Nifty_Spot rebounded from the key support level of 5470 and moved up. The other parameters, like appointment of the new RBI governor, decrease of tension across the north western borders of India, and FII buying fueled the buoyancy of the Nifty. The Paid Members, were asked to look for a target of 5700 in Nifty_Futures in the coming days. Today Nifty_Futures closed at 5550.25, just above the psychological level. 
Buy Calls were initiated in the beaten down reality stocks, like HDIL Unitech Ltd, DLF Ltd, etc. Most of them closed near the days high, HDIL (Rs.29, up 7.81%), Unitech Ltd (Rs.17.15 up 14.72%), DLF Ltd (Rs130.95, up 7.20%), etc. It is expected that the 1st thing the new governor would do, will be bring the growth back, by cutting interest rates. Moreover, the government is also coming up with a series of measures to arrest the fall in the INR Vs USD. The Indian markets are cheap because the INR has depreciated from Rs.44-45 to Rs.60 plus. Hence, the FIIs would continue to pour money, albeit the government of Indian restores the confidence in them. The appointment of Dr.Subbarao and his extension, was the biggest BLUNDER of the UPA government, and it is good it is now all past and we are in for a new era, under  the leadership of a young and dynamic world renowned specialized Keynesian economist Dr.Raghuram Govind Rajan, though I would have liked more if Dr.Kaushik Basu was given the same opportunity, because of the obvious reasons. But anyway, it is good that we will soon be out of the grip of an unprofessional group of Central Bankers, under whose guidance, our economy went from bad to worse. Therefore, all credit goes to Dr.Ben Bernanke and his team in the US, who pulled a near DEAD economy to the present state--all my praises to him. 
If you have a portfolio size of ~Rs.2 lakh, then we can go in for trade only in Nifty_Futures, for some regular monthly incomes. In this scheme no trading will be done in individual stocks, but only in Nifty_Futures (not options), so that in any market condition some money could be made either buy shorting or by going longs. Or in other words, regardless of the market conditions, there will be scope for making money. If anyone is interested do send me a mail at: suman2005s@rediffmail.com or at sumanm2007s@gmail.com. 
A Buy was initiated in Glodyne Tech at Rs.7 and Tulip Telecom Ltd at Rs.8. Both the scrips are expected to move up in tandem with the buoyancy in the broader market. The Economic Times writes, "Given the current state of affairs, the one sure-shot bet that can take the markets to highs of 23,000 by the end of this year (2013), of course amid a somewhat collective rally, is the IT space. Experts are very bullish on the sector which is one of those that is insulated from whatever happens to the India growth story". "Growth rate, albeit at a lower level, seems to be slightly more visible in businesses like IT, pharma, consumption and oil & gas ... IT clearly does stand out right now purely because you are playing a developed market proxy and emerging market weakness through IT," says Nikhil Vora of IDFC Securities. "Obviously, these sectors (IT and pharma) which are clearly export-led stand to be the biggest beneficiary (of the falling rupee). To back it up you have corporate balance sheet ... So the Eurozone also stabilises, it will be a further boost for many IT companies," Arindam Ghosh, CEO, BlackRidge Capital Advisors, said. 

The market breadth, indicating the overall health of the market, was positive today. On BSE, 1,248 shares rose and 1,043 shares fell. A total of 101 shares were unchanged. The BSE Mid-Cap index rose 0.67% and the BSE Small-Cap index gained 1.27%. Both these indices outperformed the Sensex.