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Wednesday, July 28, 2010

An Interesting Customer Complaint


 

This is a real story that happened between the customer of General
Motors and its customer-care executive. A complaint was received by
the Pontiac Division of General Motors:  This is the second time I
have written to you, and I don't blame you for  not answering me,
because I sounded crazy, but it is a fact that we have a  tradition in
our family of ice cream for dessert after dinner each night.  But the
kind of ice cream varies, so every night, after we've eaten the whole
family votes on which kind of ice cream we should have and I drive
down to the store to get it.

It's also a fact that I recently purchased a new Pontiac and since
then my trips to the store have created a problem. You see, every time
I buy a  vanilla ice cream, when I start back from the store my car
won't start.

If I get any other kind of ice cream, the car starts just fine.

I want you to know I'm serious about this question, no matter how
silly it sounds:  "What is there about a Pontiac that makes it not
start when I get vanilla ice cream, and easy to start whenever I get
any other kind?"

The Pontiac President was understandably skeptical about the letter,
but sent an engineer to check it out anyway. The latter was surprised
to be greeted by a successful, obviously well educated man in a fine
neighborhood. He had arranged to meet the man just after dinnertime,
so  the two hopped into the car and drove to the ice cream store. It
was vanilla ice cream that night and, sure enough, after they came
back to the  car, it wouldn't start.

The engineer returned for three more nights. The first night, they got
chocolate. The car started. The second night, he got strawberry. The
car started. The third night he ordered vanilla. The car failed to
start.

Now the engineer, being a logical man, refused to believe that this
man's car was allergic to vanilla ice cream.  He arranged, therefore,
to continue his visits for as long as it took to solve the problem.
And towards this end he began to take notes, he jotted down all sorts
of data: time of day, type of gas used, time to drive back  and forth
etc. In a short time, he had a clue: the man took less time to buy
vanilla than any other flavor. Why?  The answer was in the layout of
the store. Vanilla, being the most popular flavor, was in a separate
case at the front of the store for quick pickup.  All the other
flavors were kept in the back of the store at a different counter
where it took considerably longer to check out the flavor. Now,  the
question for the engineer was, why the car wouldn't start when it took
less time.  Once time became the problem and not the vanilla
ice-cream, the engineer  quickly came up with the answer: "Vapor
lock". It was happening every night; but the extra time taken to get
the other flavors allowed the engine to cool down sufficiently to
start.  When the man got vanilla, the engine was still to hot for the
vapor lock to dissipate.  Remember: Even crazy-looking problems are
sometimes real and all problems seem to be simple only when we find
the solution with a cool thinking.

Moral: Don't just say its "IMPOSSIBLE" without putting in sincere effort.

Tuesday, July 27, 2010

Option Strategies for July 28, 2010

  •  Nifty

 
 

Buy 5300 Call option above 141 stop loss 136

Buy 5500 Put option above 72 stop loss 69

Trade in Option is very risky so trade with stop loss 
(its your money honey)

Intraday outlook for July 28, 2010

  • NIFTY

Nifty Go long only if cross 5441 for intraday today

Buy Nifty above 5441 with stop loss of 5428

Sell Nifty below 5425 stop loss 5445

  • Bank Nifty

Spot Bank Nifty looking good for long only if cross 10100 for intraday today

Buy Bank Nifty above 10100 with stop loss of 10050

Short Bank Nifty only below 10050 with stop loss of 10100


 

  • ABAN

Buy Aban above 829 with stop loss of 825

Short Aban only below 824 with stop loss of 829

  • RELIANCE

Buy Reliance above 1062 with stop loss of 1057

Short Reliance only below 1054 with stop loss of 1062


 

  • ONGC

Buy ONGC above 1269 with stop loss of 1264

Short ONGC only below 1263 with stop loss of 1269


 

Swing Level for July 28, 2010 (Equity)


 

Sr No

Name of Stock

Last Close Date

Closing Price

Buy Above

Short Below

1

ABAN

07/27/2010

825.2

838.67

826.8

2

AUROBINDO PH

07/27/2010

935

950.65

932.58

3

BANKNIFTY (F)

07/27/2010

10082.5

9946.04

9790.88

4

BHARTIARTL

07/27/2010

322.65

303.95

292.62

5

BHEL

07/27/2010

2449.55

2436.03

2422.45

6

BHUSANSTL (F)

07/27/2010

1556.15

1531.81

1497.38

7

BHUSHAN ST.

07/27/2010

1554.7

1532.26

1497.21

8

CASTROL

07/27/2010

471.05

458.73

444.63

9

EDUCOMP

07/27/2010

619.85

604.33

584.06

10

GODFREY PH

07/27/2010

1864.75

1871.75

1859.07

11

GRASIM IND.

07/27/2010

1834.7

1852.46

1831.52

12

HDIL

07/27/2010

262.6

263.39

257.12

13

HINDALCO (F)

07/27/2010

157.6

154.19

151.82

14

HSIL

07/27/2010

121.1

113.01

106.14

15

JAIN IRRG SY

07/27/2010

1212.25

1186.5

1155.97

16

LT EQ

07/27/2010

1863.65

1883.99

1839.28

17

MAH & MAH

07/27/2010

639.85

622.94

616.77

18

MRF LTD.

07/27/2010

7690.6

7718.62

7685.17

19

NIFTY (F)

07/27/2010

5434.6

5398.54

5342.95

20

NIITLTD EQ

07/27/2010

65.6

67.79

67.15

21

NIPPO BATT

07/27/2010

458.1

475.52

474.65

22

OFSS

07/27/2010

2117.5

2189.93

2179.37

23

RCOM

07/27/2010

187.6

188.38

186.08

24

REL.CAPITAL

07/27/2010

790.4

791.22

774.32

25

RELIANCE

07/27/2010

1053.5

1059.07

1058.79

26

RENUKA

07/27/2010

65.75

66.84

66.66

27

RNRL

07/27/2010

43.3

49.03

45.4

28

RPOWER

07/27/2010

172.35

173.13

171.59

29

SATYAM COMP

07/27/2010

90.6

90.37

90.06

30

SESA GOA LTD

07/27/2010

368.3

359.82

359.03

31

STATE BANK

07/27/2010

2435.15

2430.01

2392.16

32

SUZLON

07/27/2010

59.05

59.35

59.03

33

TATAMOTORS (F)

07/27/2010

843.95

819.53

802.99

34

TATAMOTORSEQ

07/27/2010

844.55

818.59

801.6

35

TATASTEEL

07/27/2010

529.85

519.44

509.34

36

TATASTEEL (F)

07/27/2010

531.65

518.36

507.61

37

TCS EQ

07/27/2010

849.15

823.05

800.17

38

UNITECH LTD

07/27/2010

84.6

82.45

79.36

Monday, July 26, 2010

Option Strategies for July 27, 2010

  •  Nifty

 
 

Buy 5300 Call option above 132 stop loss 123

Buy 5500 Put option above 75 stop loss 72

Trade in Option is very risky so trade with stop loss 
(its your money honey)

Option Strategies for July 27, 2010

  •  Nifty

 
 

Buy 5300 Call option above 132 stop loss 123

Buy 5500 Put option above 75 stop loss 72

Trade in Option is very risky so trade with stop loss 
(its your money honey)

Option Strategies for July 27, 2010

  •  Nifty

 
 

Buy 5300 Call option above 132 stop loss 123

Buy 5500 Put option above 75 stop loss 72

Trade in Option is very risky so trade with stop loss 
(its your money honey)