Friday, May 29, 2009

Sensex in hot zone

Sensex entered hot zone of above 14500 today. Profit booking is imminent and can happen anytime as it creates the impression of one way street.

If you are a investor, pls start booking partial profits. Sell in multiple quantities and keep selling as it goes up.

Thursday, May 28, 2009

Sick Days

Does paint smell create such a good cold... phew.... such a good common cold screwed me after a long long time....

Nasal block took my sleep away. so, sleepy, drowsy.

Tuesday, May 26, 2009

Monday, May 25, 2009

IPL Season 2

Good to see a fine tournament organised at short notice by South African officials after the BCCI request. The response from the south african community was fantastic.

Rab Ne Banaya Jodi - Shah Rukh, Preeti, Shilpa's team failed. They were inconsistent throughout.

The shocking development of this tournament was Dhoni - he was clueless, failed to scale up, did not try something new (jakati's inclusion was the only exception), lacklustre in semis !

The commentators were a joke throughout - Sunil Gavaskar predicted in semis, finals -that the team batting first has advantage - his strike rate was 1:3 in the end !!!

Who could have predicted the last years bottom teams would be in finals ! But one thing was visible - It was Aussie's aggression, power, innovation, self belief all the way which brought the Cup...like last year.

Saturday, May 23, 2009

My trichy trip

I went to attend Upanayanam function to Trichy. It was quite a short trip. We (me and my eldest brother) started off on Tuesday morning in Swift Dezire around 11am and reached Trichy around 5pm.

Diesel car responded reasonably well and it gave the best overtaking result in 4th gear when compared to 5th gear.

It was nice to catch up with relatives after a long long time. I didnt go to trichy for more than 8 years and it is one of the places i am in real love with. Sad, i could not spend some time to roam around.

I liked the roads laid in the last 7 years. It was a excellent journey barring the Ulundurpettai stretch.

Do catch up with some of the photos in
http://picasaweb.google.com/svijayganesh/TrichyTripMay2009#

Thursday, May 21, 2009

Tough two days

Drove down to Trichy on Tue mor and came back on Wed night. Family function well attended. Good to meet relatives after a loooonnng time for a nice chat. Will write more on this trip shortly.

Monday, May 18, 2009

Sensex outlook - may 2009

Sensex is poised to touch 14500 in this stable election result rally. Nifty might move in a broad range of 3600 to 4500 in near future. Disinvestment, budget, reforms might decide the short term movement.

Any worsening of world economy, markets might catch up with us post our budget presentation as I dont believe in de-coupling of sensex from world trend.

Investors should book take profits at 4500 nifty levels.