Inspiring words from a article..

Yes, India will change but on its own terms, quietly and easily. It may not become the centre of the universe. And if it does ever become the world’s next super power it will not be because of 10% GDP growth rate or the rise of a new nationalism or even its amazing youth power. It will be because of its wisdom, its compassion, its ease with living under its own skin and not wanting to be another China or Singapore.

All the new Modi has to do is to liberalise more. Liberalise the economy. Liberalise education. Liberalise culture. Nurture the emerging arts. Help grow India’s soft power and its incredible talent. Allow new ideas to flourish. Encourage tourism so that the world may see and love India for what it actually is. Liberalise tax policies; free the entrepreneurial spirit of the Indian people.

Read here

Nifty - Support and Resistance on weekly charts!

Ok, so Indian cricket team lost badly to Aussies and Nifty crashed in remorse! Is it pure coincidence or there is more to what meet the eyes? Pls remember that the world is flat and world of money and liquidity is even flatter!!

You will be surprised to know that there was a statistical study carried out between Indian cricket team performance on a big match day and Nifty performance on the same day, and it was concluded that Nifty ends on a positive note whenever Indian team wins their big matches!

Time to sell Eveready Industries and book profits.

Dear Readers,

This is a probably a good time to book profits in Eveready Industries for those who hold the stock from long time, or those who have bought the same in a momentum driven rally from last year.

The charts are cracking now, and stock reached a nice high of 291 Rs and is trading at Rs 269 today. Candles on daily charts are clearly losing momentum now. In a quick panic, when short term and medium term investors exit, the stock can easily lose 50 Rs from here and land at Rs 220-240 in a day or two of panic selling.

This high-school dropout built a $1 billion business selling phones nobody wanted!

Sometimes, I read these stories and get really inspired. This is so amazing that youngsters are finding newer things to do, are creative and brash and rack up a billion dollar business in no time. We are probably living in blessed times!!

Do read this startup tale and comment:

Most amazing Startup story i came across - Where do I wire the money, and I will not take it back!

South Korean investors wired 5MM dollars to Paypal in Mar, 2000 without even signing the deal and refused to take the money back.

When Thiel got on the phone with them and protested, the South Koreans refused to tell him where he could wire the money back.

“Their opening negotiation was, ‘We’re not telling you where you can send it back. You have to take it,’” says Thiel. “We ended up with them as investors.”

Read this amazing funny story here.

Nifty may start cracking from tomorrow!

Markets are behaving unusual from past 10 days or so. The breadth of market is consistently poor and Nifty and Banknifty are opening gap up and breaking new high! Is this unusual behavior? Lets look deeper..

Happy Republic Day to all fellow Indians.

Happy Republic Day to all fellow Indians. Was proud to watch the R-day parade!!

Great celebrations and parade to watch, and with Mr Obama in attendance, proud moment for both India and USA. We have finally got our priorities right and alliances straightened up.

Watching the event on TV, and was not surprised to hear cynicism in TV anchors and so called experts on TV. There were tired and negative comments on almost each thing that turned up.

I want to give a simile. Bull run in markets climb the wall of worry and cynicism. Similarly, India will climb and grow despite the negativity and cynicism around us.

Keep the faith and keep walking!

IMF growth forecast: It's Advantage India over China in 2016!

A useful article on economic predictions for 2016. Not everything may turn out to be true, but massive government expenditure program is sure to set the Indian economy rolling like never before..

Do read and comment..

IMF growth forecast: It's Advantage India over China in 2016

2015 a year of Midcaps and Smallcaps! Wishing you a blessed 2015!

Dear Readers,

Wishing you and family a happy and prosperous year 2015. Year 2014 belonged to large caps and as we know smallcaps and midcaps often lag large caps. As Large caps have run out of steam, action will now be limited to mid and small caps and these stocks will see astounding action in year 2015.