morning thoughts..
Indian market has run up substantially over the past few weeks, volatility & nervousness is expected to remain high ahead of the September quarter 2011 results. In Q2FY11, we expect corporates to do well on the revenue front. Among the sectors, Banking, Metals & Consumer Durables could positively surprise, while FMCG, IT, Cement & Autos are expected to deliver results in line with the expectations However, the overall margins are expected to be under pressure due to higher input & interest cost as in the June quarter. Overall corporate earnings growth is unlikely to match the pace of rise in the stock prices in the near term. So it undergo minor correction before the next upmove begins. Any correction, if it takes place, is expected to be short lived in near term & a dip of 7-10% from current levels should be considered as a buying opportunity.
On daily chart Nifty exhibiting descending triangle which is bearish breakout pattern if lower trend line breaks. Price is now near to lower trend line, and moving with in triangle. Nifty next resistance seems at 6,180 while support at 6,080 if nifty breaches 6,180 then we could see rally up to 6,220 on the flip side if the level of 6,040 breaches decisively then we could see fall up to strong support of 6,020. Technical momentum indicators (MACD, RSI and Stochastic) are supporting this view.
OUR LAST WEEKS FREE CALLS OF SUJANA TOWERS , DENA BANK , MADHUCON PROJECTS , MSK PROJECTS HAVE OUT PERFORMED THE MARKETS
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Fridays calls sent via sms and messenger
Nifty – sell at cmp 6160 sl 6185 targets 6110 , went 6097.15
Nifty 6100 pe – buy at cmp 88 sl 78 targets 108 , went 109.40
Bharti airtel – sell at cmp 358 sl 361 targets 351 , went 353.05
Dlf – sell at cmp 382 sl 385 targets 375 , went 377
Dlf 380 pa – buy at cmp 14.50 sl 13 targets 19 , went 17.50
Dena bank – buy at cmp 116.50 sl 115 targets 120 , hit sl
Billionaire Drum Ifci – buy at cmp x sl x targets x – holding
Billionaire Drum Sterlite technologies – buy at cmp x sl x targets x – holding
Platinum Punter Hindalco – buy at cmp x sl x targets x – holding
Golden Fii Praj inds – buy at cmp x sl x targets x – holding
Silver Dii Binani industries – buy at cmp x sl x targets x – holding
Jackpot Gmr infra – buy at cmp x sl x targets x - holding
SIGNIFICANCE AND IMPORTANCE OF DURGA PUJA
Durga Puja during Navratri is associated with the incarnation of goddess Durga and worshipping of Kanya (little girls). It is a religious and social aspect of Navratra. Worship of the girls has been given great importance in our scriptures. No difference of caste has been taken into account in their worship and it has been advised by scriptures to worship and treat every girl in same manner. Devotees should worship all girls in Navratri considering them to be Goddess herself, because all the girls are personification of wisdom and knowledge of entire universe.
Our scriptures say that the place where all girls are worshipped is considered to be the most sanctified. In the second half of one of Hindu scriptures “Rudryamla Tantra”, the girls have been categorized into different age groups for worship and described as different forms of Goddesses. For example, a one year old girl is called “Sandhya”, two years old is called “Saraswati” and three years old is called “Tridhamurthy”. Similarly, four years old girl is called “Kalika” and five is “Subhga”. At the age of six, she becomes “Uma”. When reached seven, she is called “Malini” and “Kubja” in her eighth years. She is “Kaalsandharbha” in nine, “Aparajita” in ten and “Rudrani” in eleven years of age. A girl in twelfth year is “Bharavi” and “Mahalaxmi” in thirteenth. In her fourteen, fifteen and sixteenth year, she is known as “Peethnayika”, “Chetraja” and “Ambika” respectively.
How to worship girls during Durga Puja
Offering prayers during this period makes goddess Durga happy. But as per descriptions of mythology, merely fasting, chanting shloka and mantra, performing sacrifices etc cannot make her happy. So, there is a special significance of worshipping the little girls. According to Hindu mythology, offering special gifts to girls is considered auspicious during these nine days.
On the first day, it is propitious to give them flowers. Moreover, one make-up item is a must to be given along with flowers. Offer white flower to Ma Saraswati in order to please her. If you have any worldly desire in your heart, offer red flowers (e.g. rose, china-rose or gurhal, jasmine, and marigold etc.)
On the second day, worship by giving them fruits. This fruit can be red or yellow for materialistic desire and banana or coconut for achieving detachment. Remember fruits must not be sour.
On the third day there is a significant of Sweets. Goddess becomes happy, if home cooked kheer , halwa or yellow rice are fed on the day.
On day four there is a value of giving them cloths but in accordance with financial capacity handkerchief and ribbon can also be offered.
Fifth day good fortune and to bless with child is desired from goddess. So giving five type of make up item to girls is considered very auspicious. There can be bindi, bangles, heena, hair clips, scented soaps, kajal, mascara, nail paint, talcum powder etc in them.
On sixth day Sport stuff should be given to girls. Nowadays different varieties of sport stuff are available in markets. Earlier this custom was limited up to rope, panche and small toys only but now many options are available in markets.
Seventh day is dedicated to call Goddess Saraswati. On this day study material should be given to girls. Different types of pencil, pen, copies, drawing, books, compass, water bottle and lunch box are available in market these days.
Eight day of navratri is considered as the most scared day. Goddess gives special blessing to the people who do girls make up with their own hands. Girls’ feet should be washed by milk. Akshat, flowers and kumkum should offer on their feet. Food should be given to girls and offer some gifts to them as per financial capacity. Giving alms is necessary every day during Navratra.
On the ninth day means the last day of Navratra, Girls should be feed with kheer, gwarfali’s vegetable and puri kneaded with milk. The worship of Goddess is completed by their feet Mahavar & heena on their palms. If the Hawan is organized at your home then Samidha must be offered by her hands. She should be feed with cardamom & betel. There is a belief behind this custom that when the Goddess goes back to her land then she must be seen off as a girl from her own house. If possible, a red tippet should be given to girls also offer them a small book of Durga Chalisa.
Goddess bless with happiness, prosperity if the worship is done according to all these rituals.
