Chart for Mount Everest Minearal Water ( BSE Only)

Water treatment listed on BSE only Mount Everest Mineral Water (MEMW) became a part of Tata Tea in 2007. The company bottles and sells natural mineral water under the brand name Himalayan, which is the only internationally accepted natural mineral water from India.

Tata Tea bought 14 lakh shares of Mount Everest in two separate transactions, according to the data available on the Bombay Stock Exchange. The total share purchase represents about 4.11 per cent stake, pushing Tata Tea`s total shareholding to 40.11 per cent .

As per chart, the share looks to be in some king of trading range and currently trading at lower end of range, a good level to buy.

enjoy the ride

Drink Water, Earn Money

There is a shocker about water - in times of scarcity, the rich will buy and guard it, the poor will steal it and the middle class will fight and / or die for it !

India’s huge and growing population is putting a severe strain on all of the country’s natural resources. Most water sources are contaminated by sewage and agricultural runoff. India has made progress in the supply of safe water to its people, but gross disparity in coverage exists across the country. Although access to drinking water has improved, the World Bank estimates that 21% of communicable diseases in India are related to unsafe water. In India, diarrhea alone causes more than 1,600 deaths daily—the same as if eight 200-person jumbo-jets crashed to the ground each day. Hygiene practices also continue to be a problem in India
http://water.org/projects/india/

If this crisis gets out of hand, our lifestyles will suffer changes that we are not ready to make yet.
In this scenario of gloom and doom is there a ray of light somewhere ? Yes ! water purification companies that are suddenly likely to witness the next big boom. Companies like ion-exchange-(india),mount-everest-mineral-water, Parle (Bisleri), Pepsi and Coca Cola India will reap bonanzas that will stun investors. If the corporate governance in these companies is high and reporting of profits is fair, these will be the next big investment opportunities. There will be many downstream opportunities in the coming years, ancillary units that supply chemicals to purifying companies, make their plants and supply spares etc.

Water crisis looming in future: How to profit from it.. Think abt it...

Time for Correction ??

Fiscal Deficit
Fiscal deficit for the first four months stands at 1,55,000 cr. At this rate the fiscal deficit target should be comfortably burst. A deficient monsoon is likely to add to the woes. Part of the deficit could be covered by disinvestment, but disinvestment is not a solution towards managing deficits. Disinvestment should be part of liberalization policy only, though it would help cover deficits a bit. As anybody would know, selling fixed assets for the purpose of raising working capital is not a sign of a vibrant company, similarly selling assets (PSUs) for the purpose of covering deficits does not indicate a vibrant govt. financial condition. If indeed fiscal deficit breaches the target of about 4 Lakh crore for this fiscal, expect trouble. Rating agencies may downgrade India, govt. may have to raise taxes and of course markets may react negatively.
The graph below shows the rise in fiscal deficit in absolute terms. Economists argue that fiscal deficit should be seen as a ratio of the GDP to see whether it is a cause for alarm or not. As a percentage of GDP fiscal deficit is targeted at 6.8% for the year, which is likely to be breached. But this figure is only for the central govt. If state govt. deficits and off balance sheet items are added we are looking at around 11% of the GDP, which is high. In my view the absolute amount of fiscal deficit is equally important as it shows how much needs to be financed.

The above are some of the issues that seem to me as obvious reasons why markets should not go up from here. We seem overheated. It is time for a correction.

Rising wedge Formation In NIfty - Be cautious

The rising wedge pattern is characterized by a chart pattern which forms when the market makes higher highs and higher lows with a contracting range. When you find this pattern in an uptrend it is considered a reversal pattern as the contraction of the range indicates that the uptrend is loosing steam. When you find this pattern in a downtrend it is considered a bullish pattern as the market range becomes narrower into the correction indicating that it is running out of steam and the resumption of the downtrend is in the making.

At the Same time Negative Divergences are forming on Price oscillators. So a 200 pint correction is expected before Nifty touches 5200.

Be cautious and trade with Care.

Bhupesh

the yellow metal

Please refer to http://blog.afraidtotrade.com/gold-nears-apex-of-triangle-pattern/