Seen the following menu in a 'dhaba cum restaurent' on Delhi-Jaipur Highway

1) Staff naan
2) Staff paratha (staff meat next??)
3) Maashrum masala
4) Chees toast
5) Oniun pakora
6) veg peti (they meant patty)
7) tamato soup
8) Pees potato (literal translation from aloo matar)

Apart from these, beverage menu includes
1) Mango juicy
2) Orange juicy

Markets on 06Mar09

Looks like I need to get into the habit of posting the e-mailed version -

Markets are expected to open in the red based on global cues (~1%-2% negative).US markets shed more than 4% with the S&P index being at the lowest since 1996.

Nifty outlook - Likely to be range bound and may move in either direction. On upside, no significant upmove expected. On spot levels break below 2500 is crucial as break below this level may take Nifty further down.

Key levels for the day - 2500/2540 and 2640/2700.

Stock specific - Can go long on Cairn from a delivery perspective as crude is likely to move higher from current levels.

Others - Buy Nifty Mar 2600 PE at 112, target 132 SL 100. Also Sell RIL 1133, SL 1145, target 1116/1100.

Markets on 05Mar09

Oops... forgot to post this
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Yesterday's market fall was arrested by the V-shaped recovery seen yesterday in the last one hour of trading - a result of RBI cutting rates.Repo rate is at 5% while reverse repo stands at 3.5% after the rate cut. Temporary bullishness is not ruled out because of the positive impact of ratecut. However,as mentioned before, unless the market can successfully cross 2800, bearish trend will continue.FIIs continue to be sellers in the market each day and prov. figures show that they sold ~ INR 494 cr yesterday. 2550-60 is going to be a crucial support. Key support and resistance levels are at 2560/2620 and 2660/2700.

Markets on 04Mar09

As mentioned in our market update yesterday, the market predictably saw some rebound before resuming its downward journey closing at 2622.Today also, the market is likely to open flat. Yesterday's sharp fall in the last 45 minutes of trading on reasonable volumes indicates that the bearish trend is likely to continue albeit with some marginal technical bounce backs. The downward journey is not likely to be smooth and is likely to be charecterised by sharp movements. From a momentum based perspective, the marketcould also test 2200 levels. 2550-60 is going to be a crucial support for any bounce. High risk traders can use the bounce to shortthe market again.Only a cross over of 2780/2800 in case of a recovery will negate the bearish trend for the market.Key support and resistance levels are at 2560/2590 and 2680/2740.

Market on 03Mar09

Markets are expected to open flat based on global cues. Yesterday the Dow closed more than 4% in the red. Asian markets are currently trading 1-2% in the red as well.
In technical terms, yesterday the market broke a key support of 2680 on the spot. Hence, we would expect the negative trend to continue. As expected, the market has finally broken out of its range bound zone. Some technical bounce back is not ruled out. Markets will face resistance
at 2700/2730. On the lower side, markets are expected to test supports of 2630/2550.