Book Profits in Reliance capital @ 360
Realize profit in all holdings by end of the day
We'll have a good morning tomorrow!!

On Monday, the US markets were marred by the possibility that General Motors and Chrysler may be facing bankruptcy along with renewed concerns that banks may need more federal financing. As a result the markets ended up closing in the red. The Dow closed 254.16 points down (-3.27%) to end the day at 7,522.02. The index nosedived as it opened, and then continued to remain low through the day. The NASDAQ closed 43.40 points down (-2.81%) to finish at 1,501.80.
The negative cues at the US markets had their impact on the European bourses too. The UK’s FTSE closed 135.94 points down (-3.49%), ending at 3,763. The index slid as it opened and remained down through the day. Germany’s DAX closed 214.32 points down (-5.10%), ending trading at 3,989.
As of 8:15 am IST, Asian markets were seeing some marginal gains. Japan’s Nikkei is currently trading 72.75 points higher, up 0.88%. The Hang Seng is currently up 46.63 points (+0.35%).
WTI Brent crude oil was up $0.53 to $48.94 per barrel (+1.09%). Nymex light crude May futures was up $0.76 (+1.57%) to close at $49.17. April COMEX gold futures rose $1.50 (+0.16%) to close at $917.00 per ounce.
The Indian Rupee (Rs.) fell against the dollar by Rs. 0.32 and is currently trading at Rs. 50.90/92 against the greenback.

"Returning to Pavilion"

Returning to pavilion here actually infers "WHEN" to exit the stock. This highly depends on the personal objectives of the investor. Few of them I have illustrated here in the pic.

Please judge by yourself as this blog is by market movements and not by client expectations. However, for suggestions you can mail me or give a call but reply is subject to availability.

"For the day"

Market expected to open reasonably low
Accumulate Reliance Capital on Dips , start at around 340-
Hold Aditya Birla Nuvo, Do not book profits on dips
Hold IDFC and Praj Ind., Do not book profits on dips
Rest to follow...

Issued in Public Interest

This piece is for the theory subjects... "storytelling" style!!
Once upon a time, there were two friends, Anku & Banku. They wanted to have aloo parantha. Anku wanted to go to a restaurant but Banku preferred a roadside dhaba. Both had their arguments. One had curd, pickle & ambience and other was popular for its low price and good taste. Banku won, they tried dhaba. And the next morning Anku couldnt complain more for the visit to dhaba.

On the same lines...

They both gave CA(PCC) Exam that year. Amazingly, they've always been quite similar in studies. Always the same negligible difference in marks. But when it came to CA, ek galti Banku ko le doobi. I repeat "EK GALTI". He opted for unofficial notes from some misc person. for theory subjects based on the most credible grapevine (atleast Banku thought it to be). Popularly quoted in Grapevine ," Abe main to usse pad raha hun... woh dekh.. its awesommme, Short & concise but fir bhi full coverage; isse pad ke aaram se 60 on 100; no tensions; sab yahi padte hai " etc.

So try learn from Banku's GALTI and use ICAI recommended stuff. Dont go for the taste but quality. Its safe and will fetch you marks, real time.
*Issued in Public Interest