November 2010

madhav ranade (11/26/2010 10:55:10 AM): IFCI ........ 53 ..... HEY RAM ........ for most ....... thank god ...... for my followers .......

madhav ranade (11/26/2010 10:49:48 AM): yesterday i saw rasesh shah on TV .... he is saying it is just a correction .... a routine correction ...... he is a typical broker .... who is interested in that the people shud keep trading on his terminals ..... he has nothing to do with they make money or they lose money ..... his stream of income shud remain intact ...... and he knows that is possible nly if he is ever bullish .... if market tanks further he has nothing to lose ..... but by saying that the market is weak he has a lot to lose ... as people may refrain from trading ...... now it is for retail to decide whether more that 10/12 % fall is just a correction or what ..... decision is ultimately urs ..... i hv just explained to u how a typical broker thinks and speaks ......

madhav ranade (11/26/2010 9:38:06 AM): tata motors ....... watch closely .... it has broken 1180/90 zone ..... if it continues there for some more time .... we will have 1100 /10 coming soon ..... cheers to people who follow me ........ they know .... i am always reallistic ... and safety of money is uppermost in my mind ........rather than some small gains here and there ....... not ones i said to buy LICHSG... even when it was moving up from 1150/1200 .... it was terribly overpriced with risk / reward against u .........

excerpts of my yahoo messenger chat yesterday .... madhav ranade (11/26/2010 9:14:05 AM): good morning ! i expect 5800 around to be tested in first 15/20 minutes ...... on spot basis ...... if it were to happen we can go long with 10/12 points sl ........ if it moves further up ..... be ready to go short on first signs of weakness ....... tata motors is going to make an upmove ...... but as i said it is to exit longs .... cheers ...... madhav ranade (11/26/2010 9:26:24 AM): lic hsg fin ....... see .... my stand vindicated ....... UBS has derated the stock to 800 ..... cheers .....i knew it was coming .....dont touch this stock ..... cheers ....... madhav ranade (11/26/2010 9:28:35 AM): lic hsg fin ....... see .... my stand vindicated ....... UBS has derated the stock to 800 ..... cheers .....i knew it was coming .....dont touch this stock ..... cheers .......