TUESDAY 30 NOV 2010

NIFTY RANGE 5750 TO 5880.

POSITIONAL BUY JAIPRAKASH ASSOCIATES CMP 107, STOP LOSS 98.

FRIDAY 26 NOV 2010

NIFTY RANGE 5750 TO 5860.

WAIT AND WATCH.

THURSDAY 25 NOV 2010

NIFTY RANGE  5810 TO 5950.

DELIVERY BUY BALAJI TELE WITH STOP LOSS OF 39

WED 24 NOV 2010

NIFTY RANGE 5900 TO 5990.

POSITIONAL BUY NTPC WITH STOP LOSS OF 173.

MONDAT 22 NOV 2010

NIFTY RANGE 5850 TO 5975.

POSITIONAL BUY CAIRN WITH STOP LOSS OF 302

FRIDAY 19 NOV 2010

NIFTY RANGE 5940 TO 6040

DELIVERY BUY PRAJ INDUSTRIES AT 72 - 69 AND HOLD

TUESDAY 16 NOV 2010

NIFTY RANGE 6040 TO 6170

POSITIONAL BUY BHARTI AIRTEL WITH STOP LOSS OF 298.

MONDAY 15 NOV 2010

NIFTY RANGE 6040 TO 6150.

POSITIONAL BUY BURNPUR CEMENT WITH STOP LOSS OF 10.50

WEEKEND ARTICLE-Who is your competitor

Who sells the largest number of cameras in India?

Your guess is likely to be Sony, Canon or Nikon. Answer is none of the above. The winner is Nokia whose main line of business in India is not cameras but cell phones.

 

Reason being cameras bundled with cell phones are outselling stand alone cameras. Now, what prevents the cell phone from replacing the camera outright? Nothing at all. One can only hope the Sony's and Canons are taking note.

 

Try this. Who is the biggest in music business in India? You think it is HMV Sa-Re-Ga-Ma? Sorry. The answer is Airtel. By selling caller tunes (that play for 30 seconds) Airtel makes more than what music companies make by selling music albums (that run for hours).

 

Incidentally Airtel is not in music business. It is the mobile service provider with the largest subscriber base in India. That sort of competitor is difficult to detect, even more difficult to beat (by the time you have identified him he has already gone past you). But if you imagine that Nokia and Bharti (Airtel's parent) are breathing easy you can't be farther from truth.

 

Nokia confessed that they all but missed the Smartphone bus. They admit that Apple's I phone and Google's Android can make life difficult in future. But you never thought Google was a mobile company, did you? If these illustrations mean anything, there is a bigger game unfolding. It is not so much about mobile or music or camera or emails?

 

The "Mahabharat" (the great Indian epic battle) is about "what is tomorrow's personal digital device"? Will it be a souped up mobile or a palmtop with a telephone? All these are little wars that add up to that big battle. Hiding behind all these wars is a gem of a question - "who is my competitor?"

 

Once in a while, to intrigue my students I toss a question at them. It says "What Apple did to Sony, Sony did to Kodak, explain?" The smart ones get the answer almost immediately. Sony defined its market as audio (music from the walkman). They never expected an IT company like Apple to encroach into their audio domain. Come to think of it, is it really surprising? Apple as a computer maker has both audio and video capabilities. So what made Sony think he won't compete on pure audio? "Elementary Watson". So also Kodak defined its business as film cameras, Sony defines its businesses as "digital."

 

In digital camera the two markets perfectly meshed. Kodak was torn between going digital and sacrificing money on camera film or staying with films and getting left behind in digital technology. Left undecided it lost in both. It had to. It did not ask the question "who is my competitor for tomorrow?" The same was true for IBM whose mainframe revenue prevented it from seeing the PC. The same was true of Bill Gates who declared "internet is a fad!" and then turned around to bundle the browser with windows to bury Netscape. The point is not who is today's competitor. Today's competitor is obvious. Tomorrow's is not.

 

In 2008, who was the toughest competitor to British Airways in India?

 

Singapore airlines? Better still, Indian airlines? Maybe, but there are better answers. There are competitors that can hurt all these airlines and others not mentioned. The answer is videoconferencing and telepresence services of HP and Cisco. Travel dropped due to recession. Senior IT executives in India and abroad were compelled by their head quarters to use videoconferencing to shrink travel budget. So much so, that the mad scramble for American visas from Indian techies was nowhere in sight in 2008. (India has a quota of something like 65,000 visas to the U.S. They were going a-begging. Blame it on recession!). So far so good. But to think that the airlines will be back in business post recession is something I would not bet on. In short term yes. In long term a resounding no. Remember, if there is one place where Newton's law of gravity is applicable besides physics it is in electronic hardware. Between 1977 and 1991 the prices of the now dead VCR (parent of Blue-Ray disc player) crashed to one-third of its original level in India. PC's price dropped from hundreds of thousands of rupees to tens of thousands. If this trend repeats then telepresence prices will also crash. Imagine the fate of airlines then. As it is not many are making money. Then it will surely be RIP!

 

Who is the competitor to Multiplexes?

 

India has two passions. Films and cricket. The two markets were distinctly different. So were the icons. The cricket gods were Sachin and Sehwag. The filmi gods were the Khans (Aamir Khan, Shah Rukh Khan and the other Khans who followed suit). That was, when cricket was fundamentally test cricket or at best 50 over cricket. Then came IPL and the two markets collapsed into one. IPL brought cricket down to 20 over's. Suddenly an IPL match was reduced to the length of a 3 hour movie. Cricket became film's competitor. On the eve of IPL matches movie halls ran empty. Desperate multiplex owners requisitioned the rights for screening IPL matches at movie halls to hang on to the audience. If IPL were to become the mainstay of cricket, as it is likely to be, films have to sequence their releases so as not clash with IPL matches. As far as the audience is concerned both are what in India are called 3 hour "tamasha" (entertainment). Cricket season might push films out of the market.

 

Look at the products that vanished from India in the last 20 years. When did you last see a black and white movie? When did you last use a fountain pen? When did you last type on a typewriter? The answer for all the above is "I don't remember!" For some time there was a mild substitute for the typewriter called electronic typewriter that had limited memory. Then came the computer and mowed them all. Today most technologically challenged guys like me use the computer as an upgraded typewriter. Typewriters per se are nowhere to be seen.

 

What killed the Alarm Clock?

 

One last illustration. 20 years back what were Indians using to wake them up in the morning? The answer is "alarm clock." The alarm clock was a monster made of mechanical springs. It had to be physically keyed every day to keep it running. It made so much noise by way of alarm, that it woke you up and the rest of the colony. Then came quartz clocks which were sleeker. They were much more gentle though still quaintly called "alarms." What do we use today for waking up in the morning? Cell phone! An entire industry of clocks disappeared without warning thanks to cell phones. Big watch companies like Titan were the losers.

You never know in which bush your competitor is hiding!

FRIDAY 12 NOV 2010

NIFTY RANGE 6230 TO 6260

MEDIUM TERM CALL ( 3 MONTHS) BUY ISMT LTD AT 60-62, STOP 50 TARGET 100

WEDNESDAY 10 NOV 2010

NIFTY RANGE 6240 TO 6320.

DELIVERY BUY GRANULES AT 99 to 95 LEVELS AND HOLD. NO STOP LOSS

TUESDAY 09 NOV 2010

NIFTY RANGE 6230 TO 6310.

POSITIONAL SELL STATE BANK OF INDIA WITH STOP LOSS 3490

MONDAY 08 NOV 2010

NIFTY RANGE 6220 TO 6330.

POSITIONAL BUY IDBI STOP 183 TARGET 212

THURSDAY 04 NOV 2010

NIFTY RANGE 6135 TO 6190

BOOK PROFIT IN OUR DELIVERY CALL AARTI DRUGS BOUGHT AT 138

 POSITIONAL  BUY UNITECH  WITH STOP 85

WE PROVIDE FREE DELIVERY CALL WITHOUT STOP LOSS 

WED 3 NOV 2010

NIFTY RANGE 6085 TO 6150

BOOK PROFIT IN DELIVERY ASTRA MICRO BOUGHT AT 64 ON  20/8/2010

TODAY POSITIONAL / INTRA BUY CONTAINER CORP WITH STOP 1300

WE PROVIDE FREE DELIVERY CALL WITHOUT STOP LOSS 

TUE 2 NOV 2010

NIFTY RANGE 6077 TO 6149

BOOK PROFIT IN ESSEL PPROPACK BOUGHT AT 46-47 ON  25/10/2010

MAIL FROM RERPONSE INDIAN

Sir,   I saw your blog. It was really a timeful act that you have done. Thank you very much Sir.   I have forwarded you a mail which I received very long back.   After this I and my friends are sponsoring for a few meals a month.   I would very much be thankful if you do spread this message too, as you have a reach.   Regards, Uma, Coimbatore. We proudly launch our Independence Day special series: Extraordinary Indians.   'I don't feed beggars. They can look after themselves. The mentally ill won't ask anyone for food or money,' says N Krishnan who has been feeding them thrice a day for the past seven years.   For more information on N Krishnan's trust, log on to: http://www.akshayatrust.org/   Left 5-star job to feed the mentally ill   N Krishnan feeds 400 mentally ill people on the streets of Madurai three times a day, every day, all 365 days of the year. The 28 year old has been doing this for seven years via a charity called the Akshaya Trust. A look into the kitchen reveals a spotlessly clean room. Sparkling vessels stacked neatly, groceries and provisions all lined up in rows -- rice, dal, vegetables, spices -- all of the best quality. One would think this was the kitchen of a five star hotel. Maybe Krishnan achieves that effect because he was once a chef at a five star hotel in Bengaluru. "Today's lunch is curd rice, with home made pickle, please taste it," he says, serving me on a plate made of dried leaves. The food is excellent. "I change the menu for different days of the week. They will get bored if I serve the same food every day," he says with an enthusiastic and infectious smile. Image: N Krishnan feeds a mentally ill person on a Madurai street Photographs: A Ganesh Nadar         Krishnan feeds 400 mentally ill people every day Krishnan cooks breakfast, lunch and dinner with the help of two cooks. He takes it himself to his wards on the street each day. "I don't feed beggars. They can look after themselves. The mentally ill won't ask anyone for food or money. They don't move around much too. I find them in the same place every day." That morning he put the food in a large vessel, the pickle in a smaller one and loaded it into a Maruti van donated by a Madurai philanthropist. Ten minutes later we stopped near a man lying on the ground by a high wall. Krishnan put the food next to him. The man refused to even look at it, but grabbed the water bottle and drank eagerly. "He will eat the food later, looks like he was very thirsty," said Krishnan. At the next stop, he laid the dry leaf-plate and served the food. He then scooped some food and started feeding the mentally ill man himself. After two morsels, the man started eating on his own. We then crossed a crowded traffic signal and stopped the vehicle. On seeing Krishnan, four individuals moved slowly towards the Maruti van. They stood out in the crowd with their dirty, tattered clothes and unshaven beards. They knew this Maruti van meant food. But they did not hurry, knowing that Krishnan would wait for them. Krishnan served them under a tree and carried water for them. "They are not aware enough to get their own water," he explained. And thus we went around the city till the Akshaya patra was empty. Of course, it would be full again for dinner later in the day. Image: Krishnan's wards often approach him when they see his food-laden van       past 7 years As we returned, a startling fact hit me. Not a single mentally challenged person had thanked Krishnan. They did not even smile or acknowledge him. Still Krishnan carried on in a world where most of us get offended if someone doesn't say thank you, sometimes even for doing our jobs. The food costs Rs 8,000 a day, but that doesn't worry him. "I have donors for 22 days. The remaining days, I manage myself. I am sure I will get donors for that too, people who can afford it are generally generous, particularly when they know that their hard earned money is actually going to the poor. That is why I maintain my accounts correctly and scrupulously." He then pulled out a bill from the cabinet and showed it to me. It was a bill for groceries he had bought seven years ago. "This bill has sentimental value. It is the first one after I started Akshaya." The economic slowdown has resulted in a drop in the number of donors. Earlier, they sustained meals for 25 days. Software giants Infosys and TCS were so impressed with his work that they donated three acres of land to him in Madurai. Krishnan hopes to build a home for his wards there. He has built the basement for a woman's block which will house 80 inmates, but work has currently halted due to a lack of funds.               five idlis This, however, is not the sum of his good deeds. Krishnan also performs the funerals of unclaimed bodies in Madurai. He collects the body, bathes it and gives it a decent burial or cremation as the need may be. He gets calls, both from the municipal corporation and general hospital for the funerals. He recalls with a little prompting how one day he saw a mentally ill man eating his excreta. He rushed to the nearest restaurant and bought the man five idlis. The man ate voraciously, and then smiled at him. The smile made Krishnan want to do it again and again. Krishnan has not married and wonders if anyone would want to marry a man who spends his days cooking food for others. He is firm that his life partner has to agree to this kind of life. His parents were initially shocked, but are now very supportive of their son. They advise him about the cuisine and also about how he can streamline the process. One wonders why he left his job in a five star hotel to bury the dead and feed the mentally ill. To this he just smiles and says, "I like doing it." For more information on N Krishnan's trust, log on to: http://www.akshayatrust.org/       Mr. Krishnan is doing this ** by not political motive, because they can't vote ** by not doing a conversion, because they don't know what they are ** by not having expecation in future, because they wouldn't remember him even they become normal ** not spoiling the beggers by giving freebies He is doing his duty without having any expectation, he is also become God, by the will and doing his duty! We are proud to see you and feel still there are great human hearts around us. T H A N K S S I R !

MONDAY, NOV 1, 2010

NIFTY RANGE 5980 - 6065.

POSITIONAL BUY INDIAN HOTELS STOP LOSS 97.50, TARGET 108.