WEEKLY UPDATE 13TH DEC TO 17TH DEC 2010

IT HAS BEEN A TOUGH WEEK PASSED WITH LOT OF RUMORS AND MADNESS.

GREAT MISTAKE WHICH MOST OF US DO:

WE THINK :                                          ZERO
WE LISTEN:                                            50%
WE UNDERSTAND:                               25%
WE IMAGINE:                                     1000%
WE REACT :                                        1200%           & 
WE ARE OPTIMISTIC:                     2000%          MORE THAN THE ACTUALS.


WE GET SO MUCH INFORMATION FROM EVERY SOURCE WHICH MAKES US CONFUSED AND HOPELESS TO CONCLUDE TO DECISION OF BUY/SELL OR HOLD.




STOP ALL THE HAZARDS AGAINST YOURSELF AND 


STICK TO THE FUNDAMENTAL PRINCIPLES OF 


INVESTMENT.






KEEP INVESTING, KEEP INVESTING AND KEEP ON




 INVESTING..............................


THIS WEEK WE HAVE VERY CRUCIAL EVENT OF RBI MEET TO REVIEW THE ONGOING CREDIT & MONETARY POLICY....................................




BANKS HAVE HANGOVER OF THE MEETING, THOUGH NOTHING NEW IS NOT EXPECTED EXCEPT  ON LIQUIDITY & INFLATION FRONT.


NIFTY RANGE SHALL BE  BROADLY BETWEEN 5800- 6100 FOR THE WEEK. BREAK ON EITHER SIDE MAY BRING ANOTHER 200 POINTS MOVE. HOWEVER THE RISK OF DOWN SIDE REMAINS LIMITED, AT MAX 5700.


BIAS OF THE WEEK SHALL BE UP AND BUYING DEEP IN THE MONEY CALLS OF NIFTY ( CE5600, CE5700 & CE5800) SHALL BE PROFITABLE.


METAL, SUGAR, FERTILIZER & BANK SHALL BE THE FOCUS OF THE WEEK.


TRY TO MAKE POSITION IN THE JANUARY SERIES CALL OPTIONS SO THAT THE SPREAD OF TIME SHALL BE ADJUSTED BY THE COST OF AT THE MONEY CALL.


ONE SHOULD AVOID SHORTING AND ITS TIME TO TAKE LITTLE RISK...............


BUY THE CALL OPTIONS ( JANUARY SERIES) OF NIFTY AND HOLD.......................


DAILY NEWS WILL BE UPDATED FROM TIME TO TIME AND & SOME TIME DURING THE JANUARY MARKET SHALL REACH THE NEW HIGHS................................


THERE IS 30% CHANCE THAT I MAY GO WRONG.




KEEP BUYING ETF ( NIFTY BEES) , IF YOU HAVE NO 


STOCK IDEA TO BUY OR DON'T WANT TO BET ON 


SCRIPT SPECIFIC). ONE SHOULD BE BUYER IN THIS 


MARKET AND FORGET THE SHARP FALL AND 


DESTRUCTION ANY MORE

Safe Harbor Statement:
Some forward looking statements on projections, estimates, expectations & outlook are included to enable a better comprehension of the Company prospects. Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints.Nothing in this article is, or should be construed as, investment advice.

Disclaimer: 
This is neither an offer nor a solicitation to purchase or sell securities. The information and views contained on this blog are believed to be reliable, but no responsibility (or liability) is accepted for errors of fact or opinion. Writers and contributors may be trading in, or have positions in the securities mentioned in their articles. Neither I (Vikas Srivastava) nor any of the contributors accepts any liability arising out of use of the above information/article. Reproduction in whole or in part without written permission is prohibited.