Monday, December 26, 2011
FINANCIAL ASTRO VIKAS: MARKET VIEW FOR THE WEEK 26TH DEC 2011 TO 30TH DEC...
FINANCIAL ASTRO VIKAS: MARKET VIEW FOR THE WEEK 26TH DEC 2011 TO 30TH DEC...: LAST WEEK INDIAN STOCK MARKET ENDED HIGHER AFTER TOUCHING THE 28-MONTHS LOW INDICES. THE WEAKNESS IN THE STOCKS PERSIST AS MANY OF THEM ARE ...
MARKET VIEW FOR THE WEEK 26TH DEC 2011 TO 30TH DEC 2011
LAST WEEK INDIAN STOCK MARKET ENDED HIGHER AFTER TOUCHING THE 28-MONTHS LOW INDICES. THE WEAKNESS IN THE STOCKS PERSIST AS MANY OF THEM ARE NOW TRADING BELOW THE LOWS OF 2008 FALL(27TH OCTOBER 2008). THIS SHOWS THE PESSIMISM IN THE MARKET SENTIMENT AND GLOBAL RISK AVERSION. HOWEVER THE RECENT FOOD INFLATION DATA SHOW THE EASING VERY SHARPLY HAS ARRESTED THE FALL. IT ALSO SIGNALS THAT OVERALL INFLATION MAY ALSO EASE HENCE THE INTEREST RATE MAY REMAIN AS IT IS, AT LEAST THERE WILL BE NO HIKE. THE CENTRAL GOVERNMENT INTRODUCED MUCH ANTICIPATED FOOD SECURITY BILL IN PARLIAMENT, WHICH GIVES LEGAL ENTITLEMENT OF CHEAPER FOOD GRAINS TO 63.5% POPULATION. ONCE THIS LAW GETS IMPLEMENTED THE FOOD SUBSIDY BILL IS EXPECTED TO RISE BY Rs.27663 CRORES TO Rs. 95000 CRORES. SENSEX ENDED AT 15738.70 AND NIFTY AT 4714. IN THE GLOBAL MARKETS, EVEN IF HIGHER, NO MAJOR CUES CAME THAT COULD LEAD A DIRECTION HERE.
GOING FORWARD INDIAN MARKETS ARE LIKELY TO REMAIN VOLATILE. THE WINTER SESSION OF THE PARLIAMENT IS NOW EXTENDED TO 29TH DECEMBER TO DISCUSS THE LOKPAL BILL ALONG WITH WHISTLEBLOWER BILL & JUDICIAL ACCOUNTABILITY BILL. AS THIS IS A SETTLEMENT WEEK AGAIN HIGH VOLATILITY IS EXPECTED. RUPEES VALUE IN TERMS OF DOLLAR MAY REMAIN WEAK AROUND Rs.50/$ TO Rs.54/$ TILL MARCH 2012.
OPTION DATA SHOW THAT EXPIRY OF THE MARKET COULD BE AROUND 4600.
AS THE DOLLAR VALUE MAY REMAIN HIGH I.T FIRMS SHOULD BE IN THE PROFITABLE POSITION , WHICH SHALL RESULT IN BUYING IN THE I.T STOCKS ON EVERY FALL AND LOWER LEVELS.
BUYING WILL ALSO BE SEEN IN BANKING, REALITY AND AUTO SECTORS, WHERE THE LOWERING INFLATION AND PEAKING OUT OF INTEREST RATE COULD BE THE MAIN REASON BEHIND IT.
(NOTE: EASING OF FOOD INFLATION GIVES CLEAR SIGNAL THAT RBI MAY START CUTTING THE INTEREST RATE MUCH EARLIER THAN EXPECTED, KEEP THIS IN MIND...........)
APART FROM THIS THE MOST IMPORTANT THING IS THAT YEAR END BUYING MAY ALSO BE SEEN IN EXPECTATION OF ALLOCATION BY GLOBAL FUNDS FOR CY12 AS MOST OF THE NEGATIVES ARE AT THEIR AND FUNDAMENTALS AT BOTTOMS, WHICH MAY REVERSE GIVING HOPES OF ECONOMIC AND CORPORATE RECOVERY. HENCE IT IS STRONGLY RECOMMENDED THAT ONE SHOULD START BUYING NOW, IF NOT ALREADY STARTED, SO THAT ONE MAY GET THE BENEFIT OF PICKING CHEAP STOCKS. THE DOWN SIDE RISK MAY BE LIMITED..........
FUNDAMENTALLY I DON'T SEE MARKETS BELOW 13500 SENSEX AND 4200 NIFTY. IF ONE GETS THESE LEVELS ONE MUST ALLOCATE SOME HIGHER PROPORTION OF PORTFOLIO TO EQUITIES. ( SAY AROUND 40% TO 50%).
THESE DAYS MARKET IS FULL OF ALL PESSIMISTIC AND LACKLUSTER NEWS, REPORTS AND OUTLOOKS, HOWEVER REMEMBER THE LAST YEAR AND THIS YEAR JULY WHEN I SEVERAL TIME HINTED THE BAD PLANETARY CONFIGURATION TO MAKE THE BOTTOMS OF THE MARKETS IN OCTOBER 2011 & DECEMBER 2011. ON THE BROADER PERSPECTIVE I MAINTAIN MY VIEW WITH SOME MODIFICATION. -----------THIS MAY BE THE LAST OPPORTUNITY TO ENTER IN THE MARKET ( AROUND 4550-4200-4000) AS NO ONE WILL BE ABLE TO CATCH THE BOTTOM. IF YOU ARE THINKING ABOUT NIFTY BELOW 4000 TO 3800-3600 THAT MAY BE VERY VERY REMOTE AS FUNDAMENTALS DON'T SUGGEST THAT KIND OF DETERIORATION UNLESS & UNTIL THERE IS SOME THING VERY CATASTROPHIC GLOBALLY.
WHAT YOU SHOULD DO??????????
READ MY NEW YEAR POSTING NEXT WEEK, DON'T MISS..........IT!!!!!!!!!
ASTRO-TECHNICALLY: USING THE ARTHENDUKALANAM CHAKRA( MOON'S DIVISIONAL CHART) SUGGEST THE FOLLOWING IMPORTANT LEVELS( WHICH ARE ROUNDED TO THE NEAREST TENS):
AFTER MAKING YEAR LOW OF 4531.15 ON 20TH DEC 2011, NIFTY HAS GIVEN A STRONG PULL BACK RALLY OF ALMOST 5% IN THE LAST THREE CONSECUTIVE SESSIONS. NOW IT IS EXPECTED THAT THE RALLY COULD CONTINUE TO 4825 AND THEN 4920. HOWEVER BREACH OF 4530 ON THE DOWN SIDE WOULD INDICATES THE END OF THE CURRENT BOUNCE BACK RALLY( or infact a real Rally)
AND NIFTY MAY GO FURTHER DOWN TO TAKE SUPPORT AROUND 4400-4350.
FOR THE COMING WEEK: THE STRATEGY TO AVOID TRADING IN A RANGE(4650-4770) SHOULD BE FOLLOWED STRICTLY, ELSE YOU MAY LOOSE MONEY.
THE RESISTANCE FOR NIFTY IS 4770 AND SUPPORT AT 4650.
BUY CALL OPTIONS (CE4700 & CE4800): FOR DECEMBER SERIES WHEN NIFTY BREAK OUT 4770, KEEPING STOP-LOSS OF 4650, FOR THE TARGET OF 4830-4930.
BUY PUT OPTIONS(PE4600 & PE4500):
FOR DECEMBER SERIES WHEN NIFTY BREAK DOWN 4650, FOR THE TARGET OF 4610-4520.
ASTROLOGICALLY: PLANETARY CONFIGURATION SHOW THE LACKLUSTER MARKET IN THIS WEEK. THERE IS NO SPECIAL ASPECT THAT SHOULD TRIGGER UNIDIRECTIONAL MOVES.
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.
GOING FORWARD INDIAN MARKETS ARE LIKELY TO REMAIN VOLATILE. THE WINTER SESSION OF THE PARLIAMENT IS NOW EXTENDED TO 29TH DECEMBER TO DISCUSS THE LOKPAL BILL ALONG WITH WHISTLEBLOWER BILL & JUDICIAL ACCOUNTABILITY BILL. AS THIS IS A SETTLEMENT WEEK AGAIN HIGH VOLATILITY IS EXPECTED. RUPEES VALUE IN TERMS OF DOLLAR MAY REMAIN WEAK AROUND Rs.50/$ TO Rs.54/$ TILL MARCH 2012.
OPTION DATA SHOW THAT EXPIRY OF THE MARKET COULD BE AROUND 4600.
AS THE DOLLAR VALUE MAY REMAIN HIGH I.T FIRMS SHOULD BE IN THE PROFITABLE POSITION , WHICH SHALL RESULT IN BUYING IN THE I.T STOCKS ON EVERY FALL AND LOWER LEVELS.
BUYING WILL ALSO BE SEEN IN BANKING, REALITY AND AUTO SECTORS, WHERE THE LOWERING INFLATION AND PEAKING OUT OF INTEREST RATE COULD BE THE MAIN REASON BEHIND IT.
(NOTE: EASING OF FOOD INFLATION GIVES CLEAR SIGNAL THAT RBI MAY START CUTTING THE INTEREST RATE MUCH EARLIER THAN EXPECTED, KEEP THIS IN MIND...........)
APART FROM THIS THE MOST IMPORTANT THING IS THAT YEAR END BUYING MAY ALSO BE SEEN IN EXPECTATION OF ALLOCATION BY GLOBAL FUNDS FOR CY12 AS MOST OF THE NEGATIVES ARE AT THEIR AND FUNDAMENTALS AT BOTTOMS, WHICH MAY REVERSE GIVING HOPES OF ECONOMIC AND CORPORATE RECOVERY. HENCE IT IS STRONGLY RECOMMENDED THAT ONE SHOULD START BUYING NOW, IF NOT ALREADY STARTED, SO THAT ONE MAY GET THE BENEFIT OF PICKING CHEAP STOCKS. THE DOWN SIDE RISK MAY BE LIMITED..........
FUNDAMENTALLY I DON'T SEE MARKETS BELOW 13500 SENSEX AND 4200 NIFTY. IF ONE GETS THESE LEVELS ONE MUST ALLOCATE SOME HIGHER PROPORTION OF PORTFOLIO TO EQUITIES. ( SAY AROUND 40% TO 50%).
THESE DAYS MARKET IS FULL OF ALL PESSIMISTIC AND LACKLUSTER NEWS, REPORTS AND OUTLOOKS, HOWEVER REMEMBER THE LAST YEAR AND THIS YEAR JULY WHEN I SEVERAL TIME HINTED THE BAD PLANETARY CONFIGURATION TO MAKE THE BOTTOMS OF THE MARKETS IN OCTOBER 2011 & DECEMBER 2011. ON THE BROADER PERSPECTIVE I MAINTAIN MY VIEW WITH SOME MODIFICATION. -----------THIS MAY BE THE LAST OPPORTUNITY TO ENTER IN THE MARKET ( AROUND 4550-4200-4000) AS NO ONE WILL BE ABLE TO CATCH THE BOTTOM. IF YOU ARE THINKING ABOUT NIFTY BELOW 4000 TO 3800-3600 THAT MAY BE VERY VERY REMOTE AS FUNDAMENTALS DON'T SUGGEST THAT KIND OF DETERIORATION UNLESS & UNTIL THERE IS SOME THING VERY CATASTROPHIC GLOBALLY.
WHAT YOU SHOULD DO??????????
READ MY NEW YEAR POSTING NEXT WEEK, DON'T MISS..........IT!!!!!!!!!
ASTRO-TECHNICALLY: USING THE ARTHENDUKALANAM CHAKRA( MOON'S DIVISIONAL CHART) SUGGEST THE FOLLOWING IMPORTANT LEVELS( WHICH ARE ROUNDED TO THE NEAREST TENS):
AFTER MAKING YEAR LOW OF 4531.15 ON 20TH DEC 2011, NIFTY HAS GIVEN A STRONG PULL BACK RALLY OF ALMOST 5% IN THE LAST THREE CONSECUTIVE SESSIONS. NOW IT IS EXPECTED THAT THE RALLY COULD CONTINUE TO 4825 AND THEN 4920. HOWEVER BREACH OF 4530 ON THE DOWN SIDE WOULD INDICATES THE END OF THE CURRENT BOUNCE BACK RALLY( or infact a real Rally)
AND NIFTY MAY GO FURTHER DOWN TO TAKE SUPPORT AROUND 4400-4350.
FOR THE COMING WEEK: THE STRATEGY TO AVOID TRADING IN A RANGE(4650-4770) SHOULD BE FOLLOWED STRICTLY, ELSE YOU MAY LOOSE MONEY.
THE RESISTANCE FOR NIFTY IS 4770 AND SUPPORT AT 4650.
BUY CALL OPTIONS (CE4700 & CE4800): FOR DECEMBER SERIES WHEN NIFTY BREAK OUT 4770, KEEPING STOP-LOSS OF 4650, FOR THE TARGET OF 4830-4930.
BUY PUT OPTIONS(PE4600 & PE4500):
FOR DECEMBER SERIES WHEN NIFTY BREAK DOWN 4650, FOR THE TARGET OF 4610-4520.
ASTROLOGICALLY: PLANETARY CONFIGURATION SHOW THE LACKLUSTER MARKET IN THIS WEEK. THERE IS NO SPECIAL ASPECT THAT SHOULD TRIGGER UNIDIRECTIONAL MOVES.
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.
Monday, December 19, 2011
BROAD MARKET OUTLOOK & MARKET VIEW FOR THE WEEK 19TH DECEMBER 2011 TO 23RD DECEMBER 2011
AS ALREADY MENTIONED EARLIER SEVERAL TIMES THAT THE INDIAN MARKETS ARE SET UNDER PERFORM IN OCTOBER & DECEMBER 2011, ITS EXACTLY WHAT HAS BEEN HAPPENING, STOCK MARKET IS VOLATILE, WEAK AND FULL OF PESSIMISM & INTEREST. SEVERAL POLITICAL ISSUES, DEFERMENT OF FDI IN MULTI-BRAND RETAIL, DISMAL OCTOBER IIP DATA, DECLINING VALUE OF RUPEE MAKING THE ECB FINANCED PROJECTS COSTLIER AND NO STRONG SIGNS OF COOLING INFLATION IN NEAR TERM HAS MADE THE INVESTORS TURN IN COLD SENTIMENT. EVEN THOUGH THE DOMESTIC SITUATION REMAINS DAMPENER, THE GLOBAL SITUATION TOO IS VERY VULNERABLE AND UNCERTAIN. THE U.S INDUSTRIAL PRODUCTION DROPPED IN NOVEMBER 2011 FOR THE FIRST TIME IN SEVEN MONTHS. FITCH RATINGS CHANGED FRANCE'S OUTLOOK TO NEGATIVE AND ALSO WARNED SEVERAL OTHER COUNTRIES OF POTENTIAL DOWNGRADES AHEAD. ON THE LIST FOR REVIEW WERE ITALY, SPAIN, IRELAND, CYPRUS, SLOVENIA AND BELGIUM. US STOCKS SLUMPED LAST WEEK AFTER THE FEDERAL RESERVE TOOK NO NEW STEPS TO BOOST GROWTH AT A MEETING ON DECEMBER 13TH, FAILING TO MEET SOME INVESTORS' EXPECTATIONS FOR FURTHER STIMULUS. THIS ALSO RESULTED IN THE FALL IN COMMODITIES AND PRECIOUS METAL PRICES LIKE GOLD AND SILVER.
GOING FORWARD, INDIAN MARKETS ARE LIKELY TO BE VOLATILE AND DIRECTIONLESS AS OPPOSITION DEMANDS RESIGNATION OF Mr. P.CHIDAMBRAM AND Mr. ANNA HAZARE'S STANCE OVER LOKPAL BILL MAY BE CLOSELY WATCHED BY INVESTORS. IN NUTSHELL MARKET MOVEMENT MAY BE MORE DRIVEN BY DOMESTIC NEWS FLOW ESPECIALLY POLITICAL RATHER THAN GLOBAL, IN THIS WEEK. AS RBI HAS CLEARLY INDICATED THAT RATE CUT MAY ONLY HAPPEN IF THE SLOWDOWN ACCELERATES, HENCE THE RATE REVERSAL MAY BE SEEN SOONER THAN EXPECTED. MEANWHILE THE DOLLAR RATE MAY RANGE BETWEEN Rs.50-Rs.54, WHICH SHALL BE GOOD FOR I.T COMPANIES AND EXPORTERS BUT POOR FOR RAW MATERIAL IMPORTING COMPANIES AND THOSE COMPANIES WHO HAVE FINANCED THE PROJECTS THROUGH ECB ROUTE.
FUNDAMENTALLY INDIAN STORY OF GROWTH AND PROSPERITY REMAINS INTACT.HOWEVER WE MAY SEE SOME MORE PAIN GOING FORWARD. TWO MONTHS BACK WHEN I WAS WRITING ABOUT THE POTENTIAL THREATS TO THE MARKET IN DECEMBER, THERE WERE MANY DOUBTS AND COMMENTS BY MANY VIEWERS AND READERS, HOW & WHY COULD MARKETS GO SO MUCH DOWN??? BUT NOW THINGS HAVE BEEN GOING ACCORDINGLY, NOW MARKETS ARE SET GO LOWER FROM HERE. GLOBAL AND DOMESTIC FACTORS ARE WORSENING DAY BY DAY...
SO WHAT YOU SHOULD DO NOW??? STOP WATCHING THE RATES OR START BUYING????
AND THE ANSWER IS SIMPLE..... KEEP ON STAGGERED BUYING GRADUALLY. HAVE SELECTIVE STOCKS LIST, WHICH I KEEP ON MENTIONING FROM TIME TO TIME. NEXT 200-300 FALL IN NIFTY SHOULD BE USED TO BUY MORE AND MORE.... NIFTY AROUND 4000-4200 ZONE SHALL DEFINITELY SEE STRONG SUPPORT AND BUYING INTEREST. BUY LARGE CAP STOCKS AROUND THESE LEVELS AND WAIT FOR BUYING IN MID-CAPS, AS THEY MAY TAKE MORE LONG TIME TO RECOVER THAN THE LARGE CAPS. BANKING STOCKS LIKE SBI, ICICI, HDFC, ING, KOTAK, AXIS MAY BE THE BEST IN THE SECTOR. BUYING COULD ALSO BE INITIATED IN SELECT REALITY AND AUTO STOCKS ALSO.
ANY GLOBAL SHOCK, WHICH SEEMS TO COME ANY TIME MAY BE BEST TO BUY THE NIFTY BEES AND LARGE CAP STOCKS. REMEMBER THE LEVELS 4300-4350 SHALL SEE SOME SUPPORT, WHICH MAY BE GOOD TO START FOR SHORT TERM BUYING AND KEEP ON ADDING IF YOU FIND NIFTY FALLING AROUND 4200-4000 ZONE.
TECHNICALLY, DAILY CHART OF NIFTY SHOWS THAT IT HAS BROKEN CRUCIAL SUPPORT OF 4700 LAST WEEK AND NOW THE STRONG SUPPORT SHALL COME AROUND 4530-4500. IF NIFTY FAILS TO HOLD 4530 THEN 4440 SHOULD BE THE LEVEL OF EXTREME SHORT TERM. ON THE HIGHER SIDE 4920 SHALL BE THE RESISTANCE FOR THE MARKET. IF NIFTY BREAKS 4920 THEN WE MIGHT SEE 5110 ALSO.
FOR THE WEEK: NO TRADING ZONE FOR NIFTY IS 4590-4725.
BUY NIFTY CALLS (CE4700 & CE4800) IF NIFTY SUSTAINS ABOVE 4725, WITH STOP-LOSS AT 4590 FOR THE TARGET OF 4815-4920.
BUY NIFTY PUTS(PE4600 & PE4500) IF NIFTY BREAKS BELOW 4590 WITH STOP-LOSS AT 4725 FOR THE TARGET OF 4530-4440.
THE BIAS OF THE MARKET IS WEAK. HENCE YOU SHOULD KEEP EYE ON BREAKDOWN. BUY PUTS, WHEN MARKET BREAKS 4590.......
ASTROLOGICALLY: THE PLANETARY SITUATION CLEARLY INDICATES WEAKNESS IN DECEMBER, AS I HAVE MENTIONED SEVERAL TIMES IN PAST. SATURN AND JUPITER ARE THE REAL PLANETS WHICH MAY BRING FURTHER WEAKNESS IN THE MARKETS. 22ND DECEMBER WILL BE VERY VERY CRUCIAL FOR THE GLOBAL MARKETS. KEEP EYE ON US, EUROPE MARKETS AND ITS REPERCUSSION IN INDIAN MARKETS. HENCE TWO WEAK FROM NOW REMAIN VERY VERY POOR FOR THE GLOBAL MARKETS. WE MAY SEE SHARP CUTS AND MELT DOWN IN ALL..................
TIP: WAITING FOR MORE TIME SHALL DEFINITELY GIVE MUCH BETTER OPPORTUNITY THAN NOW.
SPECIAL ISSUE/POSTING: THERE WILL BE A VERY WIDE COVERAGE POSTING FOR ENTIRE YEAR 2012 ON JANUARY 1ST 2012 DO VISIT THE BLOG AND GET THE TOP STOCKS OF 2012....................
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.
GOING FORWARD, INDIAN MARKETS ARE LIKELY TO BE VOLATILE AND DIRECTIONLESS AS OPPOSITION DEMANDS RESIGNATION OF Mr. P.CHIDAMBRAM AND Mr. ANNA HAZARE'S STANCE OVER LOKPAL BILL MAY BE CLOSELY WATCHED BY INVESTORS. IN NUTSHELL MARKET MOVEMENT MAY BE MORE DRIVEN BY DOMESTIC NEWS FLOW ESPECIALLY POLITICAL RATHER THAN GLOBAL, IN THIS WEEK. AS RBI HAS CLEARLY INDICATED THAT RATE CUT MAY ONLY HAPPEN IF THE SLOWDOWN ACCELERATES, HENCE THE RATE REVERSAL MAY BE SEEN SOONER THAN EXPECTED. MEANWHILE THE DOLLAR RATE MAY RANGE BETWEEN Rs.50-Rs.54, WHICH SHALL BE GOOD FOR I.T COMPANIES AND EXPORTERS BUT POOR FOR RAW MATERIAL IMPORTING COMPANIES AND THOSE COMPANIES WHO HAVE FINANCED THE PROJECTS THROUGH ECB ROUTE.
FUNDAMENTALLY INDIAN STORY OF GROWTH AND PROSPERITY REMAINS INTACT.HOWEVER WE MAY SEE SOME MORE PAIN GOING FORWARD. TWO MONTHS BACK WHEN I WAS WRITING ABOUT THE POTENTIAL THREATS TO THE MARKET IN DECEMBER, THERE WERE MANY DOUBTS AND COMMENTS BY MANY VIEWERS AND READERS, HOW & WHY COULD MARKETS GO SO MUCH DOWN??? BUT NOW THINGS HAVE BEEN GOING ACCORDINGLY, NOW MARKETS ARE SET GO LOWER FROM HERE. GLOBAL AND DOMESTIC FACTORS ARE WORSENING DAY BY DAY...
SO WHAT YOU SHOULD DO NOW??? STOP WATCHING THE RATES OR START BUYING????
AND THE ANSWER IS SIMPLE..... KEEP ON STAGGERED BUYING GRADUALLY. HAVE SELECTIVE STOCKS LIST, WHICH I KEEP ON MENTIONING FROM TIME TO TIME. NEXT 200-300 FALL IN NIFTY SHOULD BE USED TO BUY MORE AND MORE.... NIFTY AROUND 4000-4200 ZONE SHALL DEFINITELY SEE STRONG SUPPORT AND BUYING INTEREST. BUY LARGE CAP STOCKS AROUND THESE LEVELS AND WAIT FOR BUYING IN MID-CAPS, AS THEY MAY TAKE MORE LONG TIME TO RECOVER THAN THE LARGE CAPS. BANKING STOCKS LIKE SBI, ICICI, HDFC, ING, KOTAK, AXIS MAY BE THE BEST IN THE SECTOR. BUYING COULD ALSO BE INITIATED IN SELECT REALITY AND AUTO STOCKS ALSO.
ANY GLOBAL SHOCK, WHICH SEEMS TO COME ANY TIME MAY BE BEST TO BUY THE NIFTY BEES AND LARGE CAP STOCKS. REMEMBER THE LEVELS 4300-4350 SHALL SEE SOME SUPPORT, WHICH MAY BE GOOD TO START FOR SHORT TERM BUYING AND KEEP ON ADDING IF YOU FIND NIFTY FALLING AROUND 4200-4000 ZONE.
TECHNICALLY, DAILY CHART OF NIFTY SHOWS THAT IT HAS BROKEN CRUCIAL SUPPORT OF 4700 LAST WEEK AND NOW THE STRONG SUPPORT SHALL COME AROUND 4530-4500. IF NIFTY FAILS TO HOLD 4530 THEN 4440 SHOULD BE THE LEVEL OF EXTREME SHORT TERM. ON THE HIGHER SIDE 4920 SHALL BE THE RESISTANCE FOR THE MARKET. IF NIFTY BREAKS 4920 THEN WE MIGHT SEE 5110 ALSO.
FOR THE WEEK: NO TRADING ZONE FOR NIFTY IS 4590-4725.
BUY NIFTY CALLS (CE4700 & CE4800) IF NIFTY SUSTAINS ABOVE 4725, WITH STOP-LOSS AT 4590 FOR THE TARGET OF 4815-4920.
BUY NIFTY PUTS(PE4600 & PE4500) IF NIFTY BREAKS BELOW 4590 WITH STOP-LOSS AT 4725 FOR THE TARGET OF 4530-4440.
THE BIAS OF THE MARKET IS WEAK. HENCE YOU SHOULD KEEP EYE ON BREAKDOWN. BUY PUTS, WHEN MARKET BREAKS 4590.......
ASTROLOGICALLY: THE PLANETARY SITUATION CLEARLY INDICATES WEAKNESS IN DECEMBER, AS I HAVE MENTIONED SEVERAL TIMES IN PAST. SATURN AND JUPITER ARE THE REAL PLANETS WHICH MAY BRING FURTHER WEAKNESS IN THE MARKETS. 22ND DECEMBER WILL BE VERY VERY CRUCIAL FOR THE GLOBAL MARKETS. KEEP EYE ON US, EUROPE MARKETS AND ITS REPERCUSSION IN INDIAN MARKETS. HENCE TWO WEAK FROM NOW REMAIN VERY VERY POOR FOR THE GLOBAL MARKETS. WE MAY SEE SHARP CUTS AND MELT DOWN IN ALL..................
TIP: WAITING FOR MORE TIME SHALL DEFINITELY GIVE MUCH BETTER OPPORTUNITY THAN NOW.
SPECIAL ISSUE/POSTING: THERE WILL BE A VERY WIDE COVERAGE POSTING FOR ENTIRE YEAR 2012 ON JANUARY 1ST 2012 DO VISIT THE BLOG AND GET THE TOP STOCKS OF 2012....................
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.
Monday, December 5, 2011
MARKET VIEW FOR THE WEEK 5TH DEC 2011 TO 9TH DEC 2011
AFTER ALMOST A MONTH LONG FALL INDICES GAINED AROUND 7% LAST WEEK. STRONG GLOBAL CUES AND BELIEF THAT RBI(in its meet on 16th December 2011) MAY PAUSE ITS AGGRESSIVE MONETARY POLICY STANCE IN SLOWING GROWTH AND MODERATING FOOD INFLATION BROUGHT LITTLE SUPPORT IN THE MARKET. THE GOVERNMENT'S INTENT ON POLICY REFORM IS CLEAR BY ITS STAND ON FDI IN MULTIBRAND RETAIL WHICH ACTED AS SUPPORT FOR THE MARKET. GLOBALLY EFFORT BY US FEDERAL RESERVE, ECB, BoE, & CENTRAL BANKS OF JAPAN, CANADA & SWITZERLAND TO INCREASE LIQUIDITY IN THE BANKING SYSTEM MEET THE DEBT CRISIS BOOSTED THE SENTIMENTS ACROSS THE WORLD MARKETS WHICH MADE THE PAUSE IN SLIDING INDIAN MARKETS.
GOING FORWARD INDIAN MARKETS MAY REMAIN VOLATILE AS USUAL WITH A STRONG SUPPORT COMING IN AROUND THE RECENT LOWS WHERE THE BUYING COULD COME ON EXPECTATION OF THE POLICY REFORMS AND GLOBAL MEASURES TO RESCUE THE EUROPEAN GLOBAL CRISIS. THE DEAD-LOCK IN PARLIAMENT OVER FDI AND SEVERAL OTHER ISSUES REMAINS TO HAUNT THE MARKET PARTICIPANTS. MARKET WILL CLOSELY WATCH THE DEVELOPMENT IN PARLIAMENT SESSION. GLOBALLY THE MAIN FOCUS WILL BE ON THE EUROPEAN SUMMIT SCHEDULED TO BE ON 8TH & 9TH DECEMBER 2011. MANY OTHER IMPORTANT MEETINGS BEFORE THIS MAY KEEP THE MARKETS VOLATILE.
NEAR TERM RANGE FOR THE SENSEX MAY BE AROUND 16400-17700 & NIFTY IN THE RANGE OF 4850-5230. STOCK SPECIFIC & BUY ON DIPS MAY BE THE BEST STRATEGY.
AFTER MAKING A LOW OF 4639.10 ON 24TH NOV, NIFTY HAS GIVEN A STRONG PULL BACK RALLY OF ALMOST 9% (411 POINTS) IN LAST SEVEN TRADING SESSIONS. NOW THE RANGE FOR THE NIFTY SHALL BE 5230 & 4850 IN THE SHORT TERM. IF NIFTY MANAGES TO REMAIN ABOVE 5230 THEN IT MIGHT CARRY IT TO 5400 IN THE EXTREME SHORT TERM HOWEVER BREACH OF 4850 SHALL FORCE NIFTY TO FALL TO THE LEVELS OF 4650.
FOR THE WEEK SUPPORT FOR THE NIFTY SHALL BE 4970 AND RESISTANCE AT 5110. HENCE THE RANGE 4970-5110 SHALL BE THE NO TRADING ZONE FOR NIFTY PLAYERS.
BUY NIFTY/NIFTY CALLS (CE5100 & CE5200) IF NIFTY SURVIVES ABOVE 5110, KEEPING 4970 AS CLOSING STOP-LOSS, FOR THE TARGET OF 5180-5230.
SELL NIFTY/ BUY NIFTY PUTS (PE5000 & PE4900) IF NIFTY BREAKS BELOW 4970, KEEPING 5110 AS CLOSING STOP-LOSS, FOR THE TARGET OF 4900-4850.
CHANCES ARE MORE THAT NIFTY WILL BREAK UP SIDE THIS WEEK.
FOLLOWING STOCKS SHOULD BE WATCHED/BOUGHT/ACCUMULATED IN DELIVERY:
1. TATA GLOBAL(91.40): BUY THIS STOCK IN DELIVERY FOR A SHORT TERM (1 TO 2 MONTHS) HOLDING. COMPANY MAY COME UP WITH A NEWS VERY SOON. MY TARGET IS 110+++
2. TTK PRESTIGE(2707.85):BUY THIS STOCK IN DELIVERY FOR A SHORT TERM (1 TO 2 MONTHS) HOLDING. COMPANY MAY COME UP WITH A NEWS (ANY TIME AROUND 25TH-29TH DECEMBER)VERY SOON. MY TARGET IS 3100+++.( HOLD FOR LONG TERM TARGET OF 4000-4500++).
3. TIMKEN(195.15): BUY THIS STOCK IN DELIVERY FOR A SHORT TERM (1 TO 2 MONTHS) HOLDING. AWELL KNOW INVESTOR AND TRADER HAS MADE ENTRY, WHICH MAY BE OPEN. MY TARGET IS 250-280+++.
4. ARVIND(84.90): BUY THIS STOCK IN DELIVERY FOR A SHORT TERM (1 TO 2 MONTHS) HOLDING. MY TARGET IS 110+++
5. CANFIN HOMES(94.00):BUY THIS STOCK IN DELIVERY FOR A SHORT TERM (1 TO 2 MONTHS) HOLDING. COMPANY MAY COME UP WITH A NEWS VERY SOON. MY TARGET IS 110-120+++(SOME OPERATOR GAME COULD BE SEEN).
6. PETRONET LNG(164.55):BUY THIS STOCK IN DELIVERY FOR A SHORT TERM (1 TO 2 MONTHS) HOLDING. COMPANY MAY COME UP WITH A NEWS VERY SOON. MY TARGET IS 180-200+++
7. ARCHIES(33.15):BUY THIS STOCK IN DELIVERY FOR A SHORT TERM (1 TO 2 MONTHS) HOLDING. MY TARGET IS 50+++(SOME OPERATOR GAME COULD BE SEEN).
ASTROLOGICALLY: 5TH DECEMBER, 12TH DECEMBER AND 22ND DECEMBER ARE THE KEY DATES TO WATCH FOR GLOBAL MARKETS, US MARKETS AND INDIAN MARKETS. THESE DAYS HAVE VERY CONCENTRATED ASHTAK-VARGA MOON AND JUPITER DISPOSITION. SUN AND MARS MAY GET VEDHA IN "ARTHENDU-KALANAM CHAKRA", WHICH MAY GIVE HUGE-HUGE VOLATILITY. UNCERTAIN MOVES AND SOME NEW DEVELOPMENTS IN CAPITAL MARKET MAY TAKE PLACE VERY SOON.
BEST STRATEGY SHALL BE STOCK SPECIFIC APPROACH IN THE ABOVE STOCKS AND NIFTY OPTIONS.
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.
GOING FORWARD INDIAN MARKETS MAY REMAIN VOLATILE AS USUAL WITH A STRONG SUPPORT COMING IN AROUND THE RECENT LOWS WHERE THE BUYING COULD COME ON EXPECTATION OF THE POLICY REFORMS AND GLOBAL MEASURES TO RESCUE THE EUROPEAN GLOBAL CRISIS. THE DEAD-LOCK IN PARLIAMENT OVER FDI AND SEVERAL OTHER ISSUES REMAINS TO HAUNT THE MARKET PARTICIPANTS. MARKET WILL CLOSELY WATCH THE DEVELOPMENT IN PARLIAMENT SESSION. GLOBALLY THE MAIN FOCUS WILL BE ON THE EUROPEAN SUMMIT SCHEDULED TO BE ON 8TH & 9TH DECEMBER 2011. MANY OTHER IMPORTANT MEETINGS BEFORE THIS MAY KEEP THE MARKETS VOLATILE.
NEAR TERM RANGE FOR THE SENSEX MAY BE AROUND 16400-17700 & NIFTY IN THE RANGE OF 4850-5230. STOCK SPECIFIC & BUY ON DIPS MAY BE THE BEST STRATEGY.
AFTER MAKING A LOW OF 4639.10 ON 24TH NOV, NIFTY HAS GIVEN A STRONG PULL BACK RALLY OF ALMOST 9% (411 POINTS) IN LAST SEVEN TRADING SESSIONS. NOW THE RANGE FOR THE NIFTY SHALL BE 5230 & 4850 IN THE SHORT TERM. IF NIFTY MANAGES TO REMAIN ABOVE 5230 THEN IT MIGHT CARRY IT TO 5400 IN THE EXTREME SHORT TERM HOWEVER BREACH OF 4850 SHALL FORCE NIFTY TO FALL TO THE LEVELS OF 4650.
FOR THE WEEK SUPPORT FOR THE NIFTY SHALL BE 4970 AND RESISTANCE AT 5110. HENCE THE RANGE 4970-5110 SHALL BE THE NO TRADING ZONE FOR NIFTY PLAYERS.
BUY NIFTY/NIFTY CALLS (CE5100 & CE5200) IF NIFTY SURVIVES ABOVE 5110, KEEPING 4970 AS CLOSING STOP-LOSS, FOR THE TARGET OF 5180-5230.
SELL NIFTY/ BUY NIFTY PUTS (PE5000 & PE4900) IF NIFTY BREAKS BELOW 4970, KEEPING 5110 AS CLOSING STOP-LOSS, FOR THE TARGET OF 4900-4850.
CHANCES ARE MORE THAT NIFTY WILL BREAK UP SIDE THIS WEEK.
FOLLOWING STOCKS SHOULD BE WATCHED/BOUGHT/ACCUMULATED IN DELIVERY:
1. TATA GLOBAL(91.40): BUY THIS STOCK IN DELIVERY FOR A SHORT TERM (1 TO 2 MONTHS) HOLDING. COMPANY MAY COME UP WITH A NEWS VERY SOON. MY TARGET IS 110+++
2. TTK PRESTIGE(2707.85):BUY THIS STOCK IN DELIVERY FOR A SHORT TERM (1 TO 2 MONTHS) HOLDING. COMPANY MAY COME UP WITH A NEWS (ANY TIME AROUND 25TH-29TH DECEMBER)VERY SOON. MY TARGET IS 3100+++.( HOLD FOR LONG TERM TARGET OF 4000-4500++).
3. TIMKEN(195.15): BUY THIS STOCK IN DELIVERY FOR A SHORT TERM (1 TO 2 MONTHS) HOLDING. AWELL KNOW INVESTOR AND TRADER HAS MADE ENTRY, WHICH MAY BE OPEN. MY TARGET IS 250-280+++.
4. ARVIND(84.90): BUY THIS STOCK IN DELIVERY FOR A SHORT TERM (1 TO 2 MONTHS) HOLDING. MY TARGET IS 110+++
5. CANFIN HOMES(94.00):BUY THIS STOCK IN DELIVERY FOR A SHORT TERM (1 TO 2 MONTHS) HOLDING. COMPANY MAY COME UP WITH A NEWS VERY SOON. MY TARGET IS 110-120+++(SOME OPERATOR GAME COULD BE SEEN).
6. PETRONET LNG(164.55):BUY THIS STOCK IN DELIVERY FOR A SHORT TERM (1 TO 2 MONTHS) HOLDING. COMPANY MAY COME UP WITH A NEWS VERY SOON. MY TARGET IS 180-200+++
7. ARCHIES(33.15):BUY THIS STOCK IN DELIVERY FOR A SHORT TERM (1 TO 2 MONTHS) HOLDING. MY TARGET IS 50+++(SOME OPERATOR GAME COULD BE SEEN).
ASTROLOGICALLY: 5TH DECEMBER, 12TH DECEMBER AND 22ND DECEMBER ARE THE KEY DATES TO WATCH FOR GLOBAL MARKETS, US MARKETS AND INDIAN MARKETS. THESE DAYS HAVE VERY CONCENTRATED ASHTAK-VARGA MOON AND JUPITER DISPOSITION. SUN AND MARS MAY GET VEDHA IN "ARTHENDU-KALANAM CHAKRA", WHICH MAY GIVE HUGE-HUGE VOLATILITY. UNCERTAIN MOVES AND SOME NEW DEVELOPMENTS IN CAPITAL MARKET MAY TAKE PLACE VERY SOON.
BEST STRATEGY SHALL BE STOCK SPECIFIC APPROACH IN THE ABOVE STOCKS AND NIFTY OPTIONS.
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.
Monday, November 28, 2011
BROAD MARKET VIEW & FOR THE WEEK 28TH NOVEMBER 2011 TO 2ND DECEMBER 2011
PAST WEEK WAS THE FOURTH WEEK TO COMPLETE A MONTH OF FALL STARTED IN OCTOBER LAST. SHORT COVERING RALLIES WERE SHORT LIVED AND THE STOCKS HAVE BEEN SEVERELY BEATEN TO THE CHEAPEST VALUATION. FEARS OF GLOBAL ECONOMIC SLOWDOWN ALSO WEIGHED ON MARKET AMID GLOOMY DATA FROM CHINA AND THE US. NIFTY FAILED TO CROSS 4800 ON THE SETTLEMENT DATE AND SENSEX SLIPPED BELOW 16000, SHEW THE CLEAR SIGNS OF WEAKNESS.
THE MOST AWAITED FDI BILL TO INCREASE THE FOREIGN DIRECT INVESTMENT TO 51% IN MULTI BRAND RETAIL AND 100% IN SINGLE BRAND RETAIL HAS BEEN CLEARED BY CABINET WITH CERTAIN RIDERS., WHICH MAY HELP A GREAT IN COUNTRY'S DEVELOPMENT.
HOW THE FDI LIMIT WILL AFFECT ALL OF US?????
THE BILL SHALL INVITE CERTAIN MAJOR PLAYERS LIKE TESCO(UK), WALMART(US), CARREFORE(France), METRO AG(Germany), BEST BUY (U.S), AUCHAN(France), IKEA (Sweden), GAP(US), H&M(Sweden), TARGET(US), ETC TO SET UP THE MULTI-BRAND RETAIL SHOP UNDER ONE ROOF WHERE YOU MAY GET ALL POSSIBLE GOODS FROM NEEDLE TO AEROPLANE. THE GOODS WILL BE PURCHASED DIRECTLY FROM PRODUCER AND SOLD TO YOU WITH MINIMUM INTERMEDIARY COST, SAVING A LOT OF MONEY TO PEOPLE AND GIVING HIGHER REVENUES TO PRODUCERS. FOR EXAMPLE A TURMERIC PRODUCED BY FARMERS IS BOUGHT BY INTERMEDIARIES AROUND THE CHEAP RATE OF Rs.30-40 PER KG HOWEVER IT SOLD TO US AROUND Rs.200-230 PER KG. SEE THE HUGE MARGINS WHICH ONLY INTERMEDIARIES EARN, WHICH WILL NOW BE REDUCED TO GREAT EXTENT HENCE BRINGING DOWN THE PRICES OF COMMODITIES DRASTICALLY DOWN AND CREATION OF VALUES TO FARMERS. IT SHALL ALSO CREATE LOT OF EMPLOYMENT AND VALUE TO LAND. IT SHALL LEAD TO DEVELOPMENT OF INFRASTRUCTURE AND EQUALITY TO ALL. HENCE THE MOVE OF THE GOVERNMENT IS HIGHLY FAVORABLE AND WELCOMING.
OPPOSITION PARTIES LIKE BJP AND LEFT HAVE NO POINT TO CARE FOR THE NATION AND COMMON MAN. THESE PARTIES ARE MIS-LEADING THE MASS FOR THEIR VESTED INTEREST AND IN REALITY A POOR MAN AND HAWKER AND SMALL BUSINESS WILL NOT BE AFFECTED AT ALL.
THE STATES WHERE THERE IS NON-CONGRESS GOVERNMENT ARE ALSO OPPOSING TO INVOKE THE MASS AGAINST THE CENTRAL GOVERNMENT AND CONGRESS PARTY, WHICH IS TOTALLY AGAINST THE GOODNESS AND WELFARE OF COMMON MAN. IN YEARS TO COME WE SHALL SEE THAT THIS MOVE OF THE GOVERNMENT SHALL GIVE MUCH MUCH VALUE CREATION TO COMMON MAN AND ECONOMY AS WHOLE. HENCE WE SHALL PRAY THE GOD THAT OUR NATION SHALL GET THE GOOD VALUES FOR THE COMMON MAN.
WHICH COMPANIES WILL BE BENEFITED BY THE MOVE:
IN MULTI-BRAND RETAIL: HUL, ITC, GODREJ CONSUMER, TRENT, PANTALOON, BHARTI, VISHAL RETAIL, ETC IN MULTI BRAND RETAIL WILL GET MUCH VALUES IN MONTHS AND YEARS TO COME.
IN SINGLE BRAND RETAIL: GODREJ INDUSTRIES, LOVABLE, BATA, MIZA INTERNATIONAL, TTK PRESTIGE, JUBLIANT FOOD ETC ARE THE BEST PICK FOR YOUR PORTFOLIO.
COMING BACK TO THE MARKET FACTORS, INDIA'S FOOD INFLATION DECLINED TO 9.1% FOR THE WEEK ENDED NOVEMBER 12, 2011 AGAINST 10.63% FOR THE PREVIOUS WEEK. THE INDEX FOR FOOD ARTICLES GROUP DECLINED FOR THE THIRD CONSECUTIVE WEEK.
GOING FORWARD INDIAN STOCK MARKET IS LIKELY TO TAKE CUES FROM THE DEVELOPMENT OVER THE UNFOLDING OF PARLIAMENT'S WINTER SESSION AS MANY KEY BILLS WILL BE TABLED IN FOR THE CLEARANCE AND NEWS FLOW FROM THE US AND EUROPE WILL ALSO GUIDE THE MARKET ACCORDINGLY. CEMENT AND AUTO STOCKS WILL BE IN FOCUS AS THEIR MONTHLY NUMBERS AND DISPATCH FIGURES WILL MAKE THE MOVE IN THESE SECTORS. THIS WILL ALSO SEE THE MAJOR DATAs LIKE INDIA's GDP DATA, EX-IM DATA FOR OCTOBER 2011 AND PMI DATA FOR NOVEMBER 2011.
TECHNICALLY DAILY CHART OF NIFTY SHOWS THAT IT HAS GIVEN A DOWNWARD RALLY OF ALMOST 14.07% IN THE LAST ONE MONTH. NOW THE MAJOR AND CRUCIAL SUPPORT OF THE NIFTY LIES AT 4530-4520 LEVELS AND THIS LEVEL IS LIKELY TO BE HELD STRONGLY IN THE SHORT TERM. IF NIFTY BREAKS 4530 THEN IT MAY GO DOWN FURTHER TO 4400 AND THEN TO 4320 LEVELS IN THE EXTREME SHORT TERM. HOWEVER IF NIFTY MANAGES TO BREACH 4860 WOULD INDICATE REVERSAL OF CURRENT TREND AND IN THAT CASE NIFTY COULD TEST THE LEVEL OF 5000 ALSO. HENCE ALL TRADERS ARE ADVISED TO KEEP THE STOP-LOSS OF 4530-4520 FOR LONG POSITIONS.
FOR THE COMING WEEK FIRST SUPPORT OF THE NIFTY IS AT 4640 AND RESISTANCE AT 4770. HENCE THE BAND 4640-4770 IS NO TRADE ZONE.
BUY NIFTY CALLS (CE4800 & CE4900) IF NIFTY MANAGES TO MOVE AND CLOSE ABOVE 4770, KEEPING THE STOP-LOSS OF 4640 FOR THE TARGET OF 4820-4860-4900-5000.
BUY NIFTY PUTS(PE4600 & PE 4500) IF NIFTY BREAKS DOWN AND CLOSES BELOW 4640, KEEPING THE STOP-LOSS OF 4770 FOR THE TARGET OF 4575-4530-4500-4400.
ASTROLOGICALLY: AS ALREADY SAID THAT 30TH NOVEMBER AND 1ST DECEMBER ARE THE TWO DATES, WHICH SEE THE MAXIMUM CONCENTRATION OF PLANETARY WARS(GRAH YUDDH) AND ASHTAK-VARGA GIVES VITAL CLUES ON THESE DAYS THAT THERE WILL BE ONE SIDED MOVE IN BOTH, US, EUROPE AND INDIAN MARKETS. WE SHALL REMAIN CAUTIOUS OVER THESE DAYS.
THERE ARE CHANCES OF SIGNIFICANT DOWNSIDE RISK TILL 15TH OF DECEMBER AND ONE SHOULD NOT BE VERY MUCH LEVERAGED.
NOTE: MARKETS SHALL SEE VOLATILE SESSIONS WITH DOWNWARD BIAS. HENCE CONCENTRATE ON PUTS AND SELECTIVE STOCKS.
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.
THE MOST AWAITED FDI BILL TO INCREASE THE FOREIGN DIRECT INVESTMENT TO 51% IN MULTI BRAND RETAIL AND 100% IN SINGLE BRAND RETAIL HAS BEEN CLEARED BY CABINET WITH CERTAIN RIDERS., WHICH MAY HELP A GREAT IN COUNTRY'S DEVELOPMENT.
HOW THE FDI LIMIT WILL AFFECT ALL OF US?????
THE BILL SHALL INVITE CERTAIN MAJOR PLAYERS LIKE TESCO(UK), WALMART(US), CARREFORE(France), METRO AG(Germany), BEST BUY (U.S), AUCHAN(France), IKEA (Sweden), GAP(US), H&M(Sweden), TARGET(US), ETC TO SET UP THE MULTI-BRAND RETAIL SHOP UNDER ONE ROOF WHERE YOU MAY GET ALL POSSIBLE GOODS FROM NEEDLE TO AEROPLANE. THE GOODS WILL BE PURCHASED DIRECTLY FROM PRODUCER AND SOLD TO YOU WITH MINIMUM INTERMEDIARY COST, SAVING A LOT OF MONEY TO PEOPLE AND GIVING HIGHER REVENUES TO PRODUCERS. FOR EXAMPLE A TURMERIC PRODUCED BY FARMERS IS BOUGHT BY INTERMEDIARIES AROUND THE CHEAP RATE OF Rs.30-40 PER KG HOWEVER IT SOLD TO US AROUND Rs.200-230 PER KG. SEE THE HUGE MARGINS WHICH ONLY INTERMEDIARIES EARN, WHICH WILL NOW BE REDUCED TO GREAT EXTENT HENCE BRINGING DOWN THE PRICES OF COMMODITIES DRASTICALLY DOWN AND CREATION OF VALUES TO FARMERS. IT SHALL ALSO CREATE LOT OF EMPLOYMENT AND VALUE TO LAND. IT SHALL LEAD TO DEVELOPMENT OF INFRASTRUCTURE AND EQUALITY TO ALL. HENCE THE MOVE OF THE GOVERNMENT IS HIGHLY FAVORABLE AND WELCOMING.
OPPOSITION PARTIES LIKE BJP AND LEFT HAVE NO POINT TO CARE FOR THE NATION AND COMMON MAN. THESE PARTIES ARE MIS-LEADING THE MASS FOR THEIR VESTED INTEREST AND IN REALITY A POOR MAN AND HAWKER AND SMALL BUSINESS WILL NOT BE AFFECTED AT ALL.
THE STATES WHERE THERE IS NON-CONGRESS GOVERNMENT ARE ALSO OPPOSING TO INVOKE THE MASS AGAINST THE CENTRAL GOVERNMENT AND CONGRESS PARTY, WHICH IS TOTALLY AGAINST THE GOODNESS AND WELFARE OF COMMON MAN. IN YEARS TO COME WE SHALL SEE THAT THIS MOVE OF THE GOVERNMENT SHALL GIVE MUCH MUCH VALUE CREATION TO COMMON MAN AND ECONOMY AS WHOLE. HENCE WE SHALL PRAY THE GOD THAT OUR NATION SHALL GET THE GOOD VALUES FOR THE COMMON MAN.
WHICH COMPANIES WILL BE BENEFITED BY THE MOVE:
IN MULTI-BRAND RETAIL: HUL, ITC, GODREJ CONSUMER, TRENT, PANTALOON, BHARTI, VISHAL RETAIL, ETC IN MULTI BRAND RETAIL WILL GET MUCH VALUES IN MONTHS AND YEARS TO COME.
IN SINGLE BRAND RETAIL: GODREJ INDUSTRIES, LOVABLE, BATA, MIZA INTERNATIONAL, TTK PRESTIGE, JUBLIANT FOOD ETC ARE THE BEST PICK FOR YOUR PORTFOLIO.
COMING BACK TO THE MARKET FACTORS, INDIA'S FOOD INFLATION DECLINED TO 9.1% FOR THE WEEK ENDED NOVEMBER 12, 2011 AGAINST 10.63% FOR THE PREVIOUS WEEK. THE INDEX FOR FOOD ARTICLES GROUP DECLINED FOR THE THIRD CONSECUTIVE WEEK.
GOING FORWARD INDIAN STOCK MARKET IS LIKELY TO TAKE CUES FROM THE DEVELOPMENT OVER THE UNFOLDING OF PARLIAMENT'S WINTER SESSION AS MANY KEY BILLS WILL BE TABLED IN FOR THE CLEARANCE AND NEWS FLOW FROM THE US AND EUROPE WILL ALSO GUIDE THE MARKET ACCORDINGLY. CEMENT AND AUTO STOCKS WILL BE IN FOCUS AS THEIR MONTHLY NUMBERS AND DISPATCH FIGURES WILL MAKE THE MOVE IN THESE SECTORS. THIS WILL ALSO SEE THE MAJOR DATAs LIKE INDIA's GDP DATA, EX-IM DATA FOR OCTOBER 2011 AND PMI DATA FOR NOVEMBER 2011.
TECHNICALLY DAILY CHART OF NIFTY SHOWS THAT IT HAS GIVEN A DOWNWARD RALLY OF ALMOST 14.07% IN THE LAST ONE MONTH. NOW THE MAJOR AND CRUCIAL SUPPORT OF THE NIFTY LIES AT 4530-4520 LEVELS AND THIS LEVEL IS LIKELY TO BE HELD STRONGLY IN THE SHORT TERM. IF NIFTY BREAKS 4530 THEN IT MAY GO DOWN FURTHER TO 4400 AND THEN TO 4320 LEVELS IN THE EXTREME SHORT TERM. HOWEVER IF NIFTY MANAGES TO BREACH 4860 WOULD INDICATE REVERSAL OF CURRENT TREND AND IN THAT CASE NIFTY COULD TEST THE LEVEL OF 5000 ALSO. HENCE ALL TRADERS ARE ADVISED TO KEEP THE STOP-LOSS OF 4530-4520 FOR LONG POSITIONS.
FOR THE COMING WEEK FIRST SUPPORT OF THE NIFTY IS AT 4640 AND RESISTANCE AT 4770. HENCE THE BAND 4640-4770 IS NO TRADE ZONE.
BUY NIFTY CALLS (CE4800 & CE4900) IF NIFTY MANAGES TO MOVE AND CLOSE ABOVE 4770, KEEPING THE STOP-LOSS OF 4640 FOR THE TARGET OF 4820-4860-4900-5000.
BUY NIFTY PUTS(PE4600 & PE 4500) IF NIFTY BREAKS DOWN AND CLOSES BELOW 4640, KEEPING THE STOP-LOSS OF 4770 FOR THE TARGET OF 4575-4530-4500-4400.
ASTROLOGICALLY: AS ALREADY SAID THAT 30TH NOVEMBER AND 1ST DECEMBER ARE THE TWO DATES, WHICH SEE THE MAXIMUM CONCENTRATION OF PLANETARY WARS(GRAH YUDDH) AND ASHTAK-VARGA GIVES VITAL CLUES ON THESE DAYS THAT THERE WILL BE ONE SIDED MOVE IN BOTH, US, EUROPE AND INDIAN MARKETS. WE SHALL REMAIN CAUTIOUS OVER THESE DAYS.
THERE ARE CHANCES OF SIGNIFICANT DOWNSIDE RISK TILL 15TH OF DECEMBER AND ONE SHOULD NOT BE VERY MUCH LEVERAGED.
NOTE: MARKETS SHALL SEE VOLATILE SESSIONS WITH DOWNWARD BIAS. HENCE CONCENTRATE ON PUTS AND SELECTIVE STOCKS.
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.
Monday, November 21, 2011
BROAD MARKET OUTLOOK & MARKET VIEW FOR THE WEEK 21ST NOVEMBER 2011 TO 25TH NOVEMBER 2011
IN PREVIOUS WEEK PASSED, INDIAN MARKET WITNESSED HUGE VOLATILITY WITH DECLINING INDICES AND FALLING STOCKS IN MID-CAP AND SMALL CAP CATEGORY. THIS ALL HAPPENED ON THE BACK OF ONGOING EURO CRISIS AND DOMESTIC GROWTH ISSUES. MANY POSITIONS WERE LIQUIDATED BY BIG OPERATORS AND HNIS ON HAUNTING & UNCERTAIN GROWTH CARD OF INDIAN INC., INDICATING FURTHER FALL IN MARGINS AND EPS. THIS IS CLEARLY INDICATING THAT MARKET IS MAKING IT SELF READY FOR SOME MORE CORRECTION IN DAYS & MONTHS TO COME.
VOLATILITY IS LIKELY TO CONTINUE DUE TO F&O EXPIRY ON NOV 24TH, 2011. SHARES OF EXPORTING ORIENTED COMPANIES MAY HIT HIGHER WHILE THOSE OF IMPORTERS MAY BE WORST HIT BY RISING INPUT COSTS DUE TO RUPEE VALUE DEPRECIATION. CABINET MAY SOON TAKE DECISION IN AVIATION SECTOR ON FDI/BUYING STAKE BY FOREIGN CAREERS IN LOCAL AIRLINES, WHICH MAY GIVE RELIEF TO THE BELEAGUERED AVIATION INDUSTRY.
DUE TO MUCH PRESSURE BY THE INDIAN CORPORATES FOR POLICY FORMATION THE GOVERNMENT MAY TRY HARD TO PASS THE PENDING BILLS IN THIS WINTER SESSION OF PARLIAMENT. THIS WILL BE THE KEY TRIGGER WHERE THE ALL EYES ARE WATCHING. HENCE AN IMPORTANT EVENT TO BE SEEN.
THE NIFTY HAS BEEN MOVING IN THE DOWNTREND FOR LAST ONE YEAR. THE SHORT AND MEDIUM TERM SUPPORT FOR THE NIFTY IS AT AND AROUND 4700., WHICH IS A VERY CRUCIAL SUPPORT FOR THE MARKET. IF 4700 IS BROKEN THEN WE WILL SEE HUGE SELLING TILL 4500-4360 IN THE SHORT TERM, HOWEVER AS NIFTY IS OVERSOLD IN TECHNICAL CHARTS, A BOUNCE BACK OR CORRECTIVE RALLY TILL 5200-5240 CANNOT BE RULED OUT.
FOR THIS WEEK SUPPORT FOR THE NIFTY LIES AT 4820 AND RESISTANCE AT 5085, IF NIFTY BREAKS 4820 IT MAY FURTHER GO DOWN TO 4760 AND THEN TO 4700, HOWEVER IF NIFTY IS ABLE TO SUSTAIN ABOVE 5085-5090 THEN 5150-5230 WOULD BECOME THE NEXT TARGET.
HENCE OPTION PLAYERS SHALL FOCUS ON THE TWO LEVELS, IF THEY WANT TO MAKE MONEY, 4820 & 5085, ON BREAK OF EITHER BUY THE OPTIONS (DEC SERIES) ACCORDINGLY. IF 4820 IS BROKEN THEN BUY PE4800 & PE 4700 ON THE OTHER HAND NIFTY STARTS MOVING ABOVE 5085 THEN BUY CE5100 & CE5200.
NOVEMBER OPTIONS SHOULD NOT BE TRADED AS THE DECEMBER OPTIONS MAY GIVE MUCH VOLATILITY AND EXITS ROUTES, WHICH NOVEMBER OPTIONS SHALL NOT GIVE, THAT'S WHY ITS CHEAP IN COMPARISON OF DECEMBER OPTIONS.
ASTROLOGICALLY: MARKETS VERY VERY POOR FROM 15TH NOV 2011 TO 12TH DECEMBER 2011, WITH SOME RELIEF RALLIES FROM TIME TO TIME.
HENCE WE SUGGEST BUYING OF PUTS ON EVERY RISE. NOTE THAT IN THIS WEEK MARKET SHALL BE POOR ON 21ST, 22ND, 23RD NOV. WHERE THERE WILL BE SHARP CUTS FROM NOON OF 21ST AND ON 22ND NOV. HENCE ONE SHOULD PREFER BUY PUTS(PE).
THERE ARE 30% CHANCE THAT I MAY GO WRONG IN ABOVE ASTROLOGICAL ANALYSIS. KINDLY CONSIDER THE ADVISE OF YOUR BROKER, CONSULTANT OR ADVISER ETC BEFORE ACTING ON MY VIEWS.
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.
VOLATILITY IS LIKELY TO CONTINUE DUE TO F&O EXPIRY ON NOV 24TH, 2011. SHARES OF EXPORTING ORIENTED COMPANIES MAY HIT HIGHER WHILE THOSE OF IMPORTERS MAY BE WORST HIT BY RISING INPUT COSTS DUE TO RUPEE VALUE DEPRECIATION. CABINET MAY SOON TAKE DECISION IN AVIATION SECTOR ON FDI/BUYING STAKE BY FOREIGN CAREERS IN LOCAL AIRLINES, WHICH MAY GIVE RELIEF TO THE BELEAGUERED AVIATION INDUSTRY.
DUE TO MUCH PRESSURE BY THE INDIAN CORPORATES FOR POLICY FORMATION THE GOVERNMENT MAY TRY HARD TO PASS THE PENDING BILLS IN THIS WINTER SESSION OF PARLIAMENT. THIS WILL BE THE KEY TRIGGER WHERE THE ALL EYES ARE WATCHING. HENCE AN IMPORTANT EVENT TO BE SEEN.
THE NIFTY HAS BEEN MOVING IN THE DOWNTREND FOR LAST ONE YEAR. THE SHORT AND MEDIUM TERM SUPPORT FOR THE NIFTY IS AT AND AROUND 4700., WHICH IS A VERY CRUCIAL SUPPORT FOR THE MARKET. IF 4700 IS BROKEN THEN WE WILL SEE HUGE SELLING TILL 4500-4360 IN THE SHORT TERM, HOWEVER AS NIFTY IS OVERSOLD IN TECHNICAL CHARTS, A BOUNCE BACK OR CORRECTIVE RALLY TILL 5200-5240 CANNOT BE RULED OUT.
FOR THIS WEEK SUPPORT FOR THE NIFTY LIES AT 4820 AND RESISTANCE AT 5085, IF NIFTY BREAKS 4820 IT MAY FURTHER GO DOWN TO 4760 AND THEN TO 4700, HOWEVER IF NIFTY IS ABLE TO SUSTAIN ABOVE 5085-5090 THEN 5150-5230 WOULD BECOME THE NEXT TARGET.
HENCE OPTION PLAYERS SHALL FOCUS ON THE TWO LEVELS, IF THEY WANT TO MAKE MONEY, 4820 & 5085, ON BREAK OF EITHER BUY THE OPTIONS (DEC SERIES) ACCORDINGLY. IF 4820 IS BROKEN THEN BUY PE4800 & PE 4700 ON THE OTHER HAND NIFTY STARTS MOVING ABOVE 5085 THEN BUY CE5100 & CE5200.
NOVEMBER OPTIONS SHOULD NOT BE TRADED AS THE DECEMBER OPTIONS MAY GIVE MUCH VOLATILITY AND EXITS ROUTES, WHICH NOVEMBER OPTIONS SHALL NOT GIVE, THAT'S WHY ITS CHEAP IN COMPARISON OF DECEMBER OPTIONS.
ASTROLOGICALLY: MARKETS VERY VERY POOR FROM 15TH NOV 2011 TO 12TH DECEMBER 2011, WITH SOME RELIEF RALLIES FROM TIME TO TIME.
HENCE WE SUGGEST BUYING OF PUTS ON EVERY RISE. NOTE THAT IN THIS WEEK MARKET SHALL BE POOR ON 21ST, 22ND, 23RD NOV. WHERE THERE WILL BE SHARP CUTS FROM NOON OF 21ST AND ON 22ND NOV. HENCE ONE SHOULD PREFER BUY PUTS(PE).
THERE ARE 30% CHANCE THAT I MAY GO WRONG IN ABOVE ASTROLOGICAL ANALYSIS. KINDLY CONSIDER THE ADVISE OF YOUR BROKER, CONSULTANT OR ADVISER ETC BEFORE ACTING ON MY VIEWS.
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.
Monday, November 14, 2011
MARKET VIEW FOR THE WEEK 14TH NOVEMBER 2011 TO 18TH NOVEMBER 2011
MAINLY ON THE GLOBAL CUES GLOBAL & INDIAN MARKETS FELL DOWN LAST WEEK. UNCERTAINTY IN ITALY, DOWNGRADES OF THE BANKING SECTOR BY MOODY'S HEFTY PROVISIONS FOR BAD ASSETS BY SBI, KING FISHER AIR LINES CRISIS HAS MADE HUGE SELLING IN THE BANKING STOCKS EXPOSED TO KFA. SENSEX CLOSED AT 17192.82 AND NIFTY CLOSED 5168.85
GOING FORWARD THE NEXT WEEK THE GOVERNMENT IS VERY LIKELY TO ANNOUNCE SOME MAJOR POLICY MEASURES WHICH MIGHT WORK SIGNIFICANTLY IN FAVOR OF MARKETS. BANKING SECTOR WHICH IS HIGHLY OVERSOLD SHALL SEE SHARP RECOVERY THIS WEEK AND THE MARKET RANGE SHALL BE LIMITED TO 5150-5350. BREAK ON THE EITHER SIDE SHALL INVITE FRESH 200 POINTS MOVE. THE BIAS OF THE MARKET THIS WEEK SHALL BE POSITIVE WITH RANGE BOUND MOVE.
TIP: BUY BANK NIFTY IN HUGE QUANTITY AS WE MAY SEE SHARP BOUNCE BACK.
AFTER MAKING THE TOP OF 5399.70 ON 28TH OCTOBER 2011, NIFTY HAS SEEN A CORRECTION OF ALMOST 4.78% IN THE LAST FEW DAYS. NOW NIFTY WILL GET STRONG SUPPORT NEAR 5020-5000 ZONE. IF NIFTY BREACHES 5000 THEN THE SHORT TERM TREND WOULD BECOME NEGATIVE AND NIFTY MAY FURTHER SLIP TO 4940 AND THEN TO 4800. HENCE A STOP-LOSS OF 5000 IS MUST FOR LONGS IN TRADING ACTIVITY. ON THE OTHER HAND IF NIFTY SUSTAINS ABOVE 5250 THEN 5310-5360 WILL BE SEEN SOON.
BIAS OF THE MARKET SHALL BE UP IN THE 1ST 2-3 DAYS, THEN RANGE BOUND.
STOCKS TO BUY/SELL IN THIS WEEK:
1. TVS MOTORS(66.95): BUY AT CMP AND ADD ON DIPS. TARGET OF 70-72-74-75+++ BY NEXT 10-15 DAYS.
2. STERLITE TECH(37.50): BUY AT CMP AND ADD ON DIPS. TARGET OF 41-42++
3. INGVYSYA BANK(321.30): BUY THIS SHARE ON DIPS AND ACCUMULATE ON HUGE QTY FOR MEDIUM TO LONG TERM HOLDINGS. TARGET 360-380++ ANY TIME.
ASTROLOGICALLY: THOUGH THERE WILL MAJOR TRANSIT OF SATURN IN LIBRA, THE PLANETS SHOW SLIGHTLY BULLISH IN THE 2-3 DAYS, WITH RANGE BOUND MOVEMENT, HOWEVER THERE COULD BE DECLINE ON 17TH NOV & 18TH NOV DUE TO POOR US MARKET/EUROPEAN MARKETS. NIFTY RANGE BOUND MOVE SHALL CONTINUE.
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.
GOING FORWARD THE NEXT WEEK THE GOVERNMENT IS VERY LIKELY TO ANNOUNCE SOME MAJOR POLICY MEASURES WHICH MIGHT WORK SIGNIFICANTLY IN FAVOR OF MARKETS. BANKING SECTOR WHICH IS HIGHLY OVERSOLD SHALL SEE SHARP RECOVERY THIS WEEK AND THE MARKET RANGE SHALL BE LIMITED TO 5150-5350. BREAK ON THE EITHER SIDE SHALL INVITE FRESH 200 POINTS MOVE. THE BIAS OF THE MARKET THIS WEEK SHALL BE POSITIVE WITH RANGE BOUND MOVE.
TIP: BUY BANK NIFTY IN HUGE QUANTITY AS WE MAY SEE SHARP BOUNCE BACK.
AFTER MAKING THE TOP OF 5399.70 ON 28TH OCTOBER 2011, NIFTY HAS SEEN A CORRECTION OF ALMOST 4.78% IN THE LAST FEW DAYS. NOW NIFTY WILL GET STRONG SUPPORT NEAR 5020-5000 ZONE. IF NIFTY BREACHES 5000 THEN THE SHORT TERM TREND WOULD BECOME NEGATIVE AND NIFTY MAY FURTHER SLIP TO 4940 AND THEN TO 4800. HENCE A STOP-LOSS OF 5000 IS MUST FOR LONGS IN TRADING ACTIVITY. ON THE OTHER HAND IF NIFTY SUSTAINS ABOVE 5250 THEN 5310-5360 WILL BE SEEN SOON.
BIAS OF THE MARKET SHALL BE UP IN THE 1ST 2-3 DAYS, THEN RANGE BOUND.
STOCKS TO BUY/SELL IN THIS WEEK:
1. TVS MOTORS(66.95): BUY AT CMP AND ADD ON DIPS. TARGET OF 70-72-74-75+++ BY NEXT 10-15 DAYS.
2. STERLITE TECH(37.50): BUY AT CMP AND ADD ON DIPS. TARGET OF 41-42++
3. INGVYSYA BANK(321.30): BUY THIS SHARE ON DIPS AND ACCUMULATE ON HUGE QTY FOR MEDIUM TO LONG TERM HOLDINGS. TARGET 360-380++ ANY TIME.
ASTROLOGICALLY: THOUGH THERE WILL MAJOR TRANSIT OF SATURN IN LIBRA, THE PLANETS SHOW SLIGHTLY BULLISH IN THE 2-3 DAYS, WITH RANGE BOUND MOVEMENT, HOWEVER THERE COULD BE DECLINE ON 17TH NOV & 18TH NOV DUE TO POOR US MARKET/EUROPEAN MARKETS. NIFTY RANGE BOUND MOVE SHALL CONTINUE.
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.
Monday, November 7, 2011
MARKET VIEW FOR THE WEEK 7TH NOVEMBER 2011 TO 11TH NOVEMBER 2011
INDIAN STOCK MARKET LOST THE GROUND OF ITS MOMENTUM IN LAST WEEK ON THE EUROPE CHAOS TO CONTAIN THE EURO-ZONE CRISIS. THE WORSENING SITUATION IN THE GREEK LEAD TO RENEW THE WORRIES ON THE FOREHEAD OF GLOBAL FUND MANAGERS. DOMESTICALLY RISE IN THE PRICES OF PETROL AND RISING FOOD INFLATION TO THE HIGHEST LEVEL IN NINE MONTHS (to 12.21% in the week ended Oct 22, 2011 from the earlier 11.43% in the previous week). ANY HIKE IN DIESEL, KEROSENE AND LPG PRICES, THE CHANCES OF WHICH ARE HIGHER IN NEAR FUTURE, WILL ADD FUEL TO ROARING INFLATION WAS ALSO THE MAJOR WORRY IN THE INSTITUTIONAL CIRCLE. THIS ALL LEAD TO A VOLATILE AND DECLINING MARKETS. ALSO AS I STATED IN THE PREVIOUS WEEK THAT MARKETS HAVE RUN TOO FAST WITH A GAP, WHICH IT WILL FILL BY COMING DOWN TO 5220-5200 LEVELS, EXACTLY THE SAME HAS HAPPENED. SO THE CORRECTION IN THE MARKET WAS NATURAL.
GOING FORWARD, MARKETS MAY REMAIN IN A RANGE, HOWEVER THE STOCK SPECIFIC ACTIVITY IS LIKELY TO DOMINATE, AS THE CORPORATE RESULTS HAVE THEIR OWN MARKINGS. ALSO MONDAY(7TH NOVEMBER) & THURSDAY(10TH NOVEMBER) IS HOLIDAY HENCE THERE MAY BE LACK LUSTER RANGE BOUND MOVEMENT UNTIL THERE IS SOME NEWS/CUES REALLY CONCERNED OR BIG COMES IN. MARKETS MAY SEE BUYING ON THE LOWER LEVELS AND GRADUALLY THE INDICES MAY INCH UP. IMPORTANT GLOBAL CUE SHALL COME FROM EUROPE AND AMERICA, WHERE U.S FED CHAIRMAN, BERNANKE SIGNALED ADDITIONAL MONETARY STIMULUS MAY BE NEEDED TO LOWER U.S UNEMPLOYMENT AS FOMC PROJECTED LITTLE ACCELERATION IN IN THE ECONOMY. FOMC SAID, A SIGNIFICANT DOWNSIDE RISK REMAIN TO THE OUTLOOK EVEN AFTER 3RD QUARTER GROWTH STRENGTHENED SOMEWHAT. THE RISK INCLUDE CONCERNS ABOUT EUROPEAN FISCAL AND BANKING ISSUES. HENCE IT SHOULD BE CLEARLY NOTED THAT THE GLOBAL CONCERNS HAVE NOT EASED AND NEITHER THEY WILL IN NEAR FUTURE AND KEEP ON HAUNTING THE GLOBAL MARKETS FROM TIME TO TIME AND THERE REMAINS THE RISK OF RISK AVERSION. HOWEVER IN INDIA WE MAY NOT SEE SIGNIFICANT BREAK DOWN, UNTIL THERE IS REALLY POOR DOMESTIC DEVELOPMENT. DOMESTICALLY RISE IN INFLATION, INSTABILITY IN POLITICAL SCENARIO, ANY HIKE IN INTEREST RATE, HIKE IN DIESEL PRICES, FALL IN THE VALUE OF RUPEE IN TERMS OF DOLLAR, CHARGES ON BIG BUSINESS HOUSE NAME IN 2-G CASE, ETC., MAY REALLY BRING JOLT TO THE INDIAN MARKETS.
AFTER MAKING A HIGH OF 5399.70 ON 28TH OCTOBER , NIFTY HAS BEEN MOVING IN THE BROAD RANGE OF 200 POINTS BETWEEN 5200 & 5400 FOR THE LAST SIX TRADING SESSIONS. AS SAID EARLIER 5200 SHALL BE THE SUPPORT FOR THE MARKET(AS SHOWN BY THE OPTIONS IN NOV SERIES), ANY BREAK DOWN BELOW 5200 SHALL MAKE THE SHORT TERM TREND DOWN AND NIFTY MAY SEE SHARP CUT TO 5070-5000 LEVELS. ON THE OTHER HAND BREAK OF 5420-5450 ON THE HIGHER SIDE SHALL OPEN THE GATE OF 5550-5600. HENCE ALL THOSE WHO ARE IN HABIT AND PASSION OF TRADING, THESE UNCERTAIN AND VOLATILE MARKETS SHALL KEEP 5200 AS THE STOP-LOSS. HOWEVER INVESTORS FOR MEDIUM TO LONG TERM SHALL GRADUALLY START BUYING WITH THE 20% OF THEIR MONEY. INVESTORS REALLY NEED NOT TO WORRY, AS THERE WILL BE VERY GOOD BUYING OPPORTUNITY AND MARKETS MAY FORM BOTTOM VERY SOON AND WE MAY SEE A GOOD RALLY NEXT YEAR, WHERE NIFTY SHALL TOUCH 6800 BUT BEFORE THAT THERE MAY BE PAIN IN THE SHORT TERM.
STOCKS WHICH ONE MUST TRY TO BUY ON EVERY FALL:
1. COAL INDIA.
2. HDFC
3. LIC HOUSING FINANCE
4. PETRONET
5. LT
6. ITC
IN THE FRONT LINE SECTION.
WHAT I HAVE BEEN HOLDING/ADDING IN MY CLIENTS' AND FAMILY PORTFOLIO IS AS FOLLOWS:
1. RALLIS @ 774-1100( BEFORE SPLIT)
2. PIRAMAL GLASS @85-96
3. SKUMAR @ 85-70-65-50-45
4. ORCHID @ 280-230-200-180-165
5. SHALIMAR PAINT @280-300-500
6. GUJRAT FLOURO @ 190-220-240
7. HINDOIL EXPL @ 230-200-180
8. BATA @ 200-280-300
9. STERLITE TECH @ 65-50-40-36
10. VIP @430-500
ARE FEW SHARES WHICH ARE GOOD FUNDAMENTALLY TO BUY FOR MEDIUM TO LONG TERM.
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.
GOING FORWARD, MARKETS MAY REMAIN IN A RANGE, HOWEVER THE STOCK SPECIFIC ACTIVITY IS LIKELY TO DOMINATE, AS THE CORPORATE RESULTS HAVE THEIR OWN MARKINGS. ALSO MONDAY(7TH NOVEMBER) & THURSDAY(10TH NOVEMBER) IS HOLIDAY HENCE THERE MAY BE LACK LUSTER RANGE BOUND MOVEMENT UNTIL THERE IS SOME NEWS/CUES REALLY CONCERNED OR BIG COMES IN. MARKETS MAY SEE BUYING ON THE LOWER LEVELS AND GRADUALLY THE INDICES MAY INCH UP. IMPORTANT GLOBAL CUE SHALL COME FROM EUROPE AND AMERICA, WHERE U.S FED CHAIRMAN, BERNANKE SIGNALED ADDITIONAL MONETARY STIMULUS MAY BE NEEDED TO LOWER U.S UNEMPLOYMENT AS FOMC PROJECTED LITTLE ACCELERATION IN IN THE ECONOMY. FOMC SAID, A SIGNIFICANT DOWNSIDE RISK REMAIN TO THE OUTLOOK EVEN AFTER 3RD QUARTER GROWTH STRENGTHENED SOMEWHAT. THE RISK INCLUDE CONCERNS ABOUT EUROPEAN FISCAL AND BANKING ISSUES. HENCE IT SHOULD BE CLEARLY NOTED THAT THE GLOBAL CONCERNS HAVE NOT EASED AND NEITHER THEY WILL IN NEAR FUTURE AND KEEP ON HAUNTING THE GLOBAL MARKETS FROM TIME TO TIME AND THERE REMAINS THE RISK OF RISK AVERSION. HOWEVER IN INDIA WE MAY NOT SEE SIGNIFICANT BREAK DOWN, UNTIL THERE IS REALLY POOR DOMESTIC DEVELOPMENT. DOMESTICALLY RISE IN INFLATION, INSTABILITY IN POLITICAL SCENARIO, ANY HIKE IN INTEREST RATE, HIKE IN DIESEL PRICES, FALL IN THE VALUE OF RUPEE IN TERMS OF DOLLAR, CHARGES ON BIG BUSINESS HOUSE NAME IN 2-G CASE, ETC., MAY REALLY BRING JOLT TO THE INDIAN MARKETS.
AFTER MAKING A HIGH OF 5399.70 ON 28TH OCTOBER , NIFTY HAS BEEN MOVING IN THE BROAD RANGE OF 200 POINTS BETWEEN 5200 & 5400 FOR THE LAST SIX TRADING SESSIONS. AS SAID EARLIER 5200 SHALL BE THE SUPPORT FOR THE MARKET(AS SHOWN BY THE OPTIONS IN NOV SERIES), ANY BREAK DOWN BELOW 5200 SHALL MAKE THE SHORT TERM TREND DOWN AND NIFTY MAY SEE SHARP CUT TO 5070-5000 LEVELS. ON THE OTHER HAND BREAK OF 5420-5450 ON THE HIGHER SIDE SHALL OPEN THE GATE OF 5550-5600. HENCE ALL THOSE WHO ARE IN HABIT AND PASSION OF TRADING, THESE UNCERTAIN AND VOLATILE MARKETS SHALL KEEP 5200 AS THE STOP-LOSS. HOWEVER INVESTORS FOR MEDIUM TO LONG TERM SHALL GRADUALLY START BUYING WITH THE 20% OF THEIR MONEY. INVESTORS REALLY NEED NOT TO WORRY, AS THERE WILL BE VERY GOOD BUYING OPPORTUNITY AND MARKETS MAY FORM BOTTOM VERY SOON AND WE MAY SEE A GOOD RALLY NEXT YEAR, WHERE NIFTY SHALL TOUCH 6800 BUT BEFORE THAT THERE MAY BE PAIN IN THE SHORT TERM.
STOCKS WHICH ONE MUST TRY TO BUY ON EVERY FALL:
1. COAL INDIA.
2. HDFC
3. LIC HOUSING FINANCE
4. PETRONET
5. LT
6. ITC
IN THE FRONT LINE SECTION.
WHAT I HAVE BEEN HOLDING/ADDING IN MY CLIENTS' AND FAMILY PORTFOLIO IS AS FOLLOWS:
1. RALLIS @ 774-1100( BEFORE SPLIT)
2. PIRAMAL GLASS @85-96
3. SKUMAR @ 85-70-65-50-45
4. ORCHID @ 280-230-200-180-165
5. SHALIMAR PAINT @280-300-500
6. GUJRAT FLOURO @ 190-220-240
7. HINDOIL EXPL @ 230-200-180
8. BATA @ 200-280-300
9. STERLITE TECH @ 65-50-40-36
10. VIP @430-500
ARE FEW SHARES WHICH ARE GOOD FUNDAMENTALLY TO BUY FOR MEDIUM TO LONG TERM.
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.
Friday, November 4, 2011
IMPORTANT NOTIFICATION
ALL MEMBERS, VIEWERS, READERS AND VISITORS ARE INFORMED THAT DUE TO MY ASTROLOGICAL RESEARCH EXAMINATIONS AND PROJECT WORK I AM NOT UPDATING THE BLOG DAILY. HOWEVER I MAY KEEP UPDATING FOR THE WEEKLY OUTLOOK ON EVERY SUNDAY NIGHT. SOME TIME IF IT IS NECESSARY I MAY GIVE THE VIEWS. BLOG WILL BE UPDATED DAILY ONLY FROM DECEMBER 1ST WEEK.
ANY ONE WHO WISHES TO KNOW ABOUT THE MARKET CAN PERSONALLY CHAT WITH ME ON MY YAHOO ID: vikas198012003@yahoo.co.in OR ON FACE BOOK: astrologer vikas srivastava
THANKS FOR YOUR CO-OPERATION AND SUPPORT
ANY ONE WHO WISHES TO KNOW ABOUT THE MARKET CAN PERSONALLY CHAT WITH ME ON MY YAHOO ID: vikas198012003@yahoo.co.in OR ON FACE BOOK: astrologer vikas srivastava
THANKS FOR YOUR CO-OPERATION AND SUPPORT
Sunday, October 30, 2011
MARKET VIEW FOR THE WEEK 31ST OCTOBER TO 4TH NOVEMBER 2011
THERE WAS SIGNIFICANT UPSIDE IN THE MARKET AFTER THE HOLIDAYS AS IT SCALED UP IN MATCHING THE GLOBAL RALLY, LED BY US AND EUROPEAN MARKETS. HENCE GLOBAL CUES PLAYED IMPORTANT ROLE IN RISE IN MARKETS, ALSO RBI HIKED THE INTEREST RATE BY 25bps IN ITS MONETARY POLICY REVIEW MEET ON 25TH OCTOBER, 2011 MAKING REPO-RATE TO 8.50% AND REVERSE REPO TO 7.5% , WHILE BRINGING GDP FORECAST TO 7.6% FROM 8%, WHILE MAINTAINING INFLATION FORECAST OF 7% BY THE END OF MARCH 2012. RBI INDICATED THIS HIKE COULD BE A LAST RATE HIKE AS IT EXPECTS THE PRICES TO START COOLING FROM DECEMBER. ALSO IT DEREGULATED THE SAVINGS RATE OF BANKS WITH IMMEDIATE EFFECT. ON THE GLOBAL ARENA , EU LEADERS AGREED ON A PLAN TO RESOLVE THE EURO-ZONE FINANCIAL CRISIS.
GOING FORWARD, INDIAN MARKETS MAY TRADE IN A BROAD RANGE WHERE STOCK SPECIFIC ACTION WILL BE SEEN. CORPORATE PERFORMANCE IN THE SECOND QUARTER SHALL BE THE FOCUS OF THE MARKET. GLOBAL CUES, WHERE THE FOMC MEETING ON 1ST & 2ND NOVEMBER, G20 MEETING SCHEDULED ON 3RD AND 4TH NOVEMBER, INDIA'S EXIM DATA FOR SEPTEMBER ON 1ST NOVEMBER, INDIA'S WEEKLY FOOD & FUEL INFLATION FOR THE WEEK ENDED ON OCTOBER 22, SHALL BE THE KEY EVENTS AND CUES TO WATCH FOR. INDEX BASED FRONT LINE STOCKS SHALL BE ON THE MOVEMENT THIS WEEK.
AFTER A LONG CONSOLIDATION IN THE RANGE OF 4700-5200 NIFTY GAVE A STRONG BREAKOUT RALLY LAST WEEK. NOW GOING UPSIDE NIFTY WILL HAVE VERY STRONG RESISTANCE IN THE RANGE OF 5420-5450. IF NIFTY MANAGES TO CLOSE ABOVE 5450 THEN 5600-5650 SHALL BE THE NEXT LEVEL WHERE NIFTY MAY PAUSE TO CONSOLIDATE.
AS NIFTY HAS MADE A GAP BETWEEN 5220 AND 5322, SO THERE IS STRONG POSSIBILITY THAT NIFTY MAY GO DOWN TO 5220 LEVELS TO FILL THE GAP IN THE VERY SHORT TERM. HENCE BOOKING PROFIT AT THE CURRENT LEVEL IS ADVISABLE SO AS TO RE-ENTER AROUND 5220 LEVELS.
FOR THIS WEEK: SUPPORT FOR THE NIFTY LIES AT 5320 AND RESISTANCE AT 5420. IF NIFTY BREAKS 5320 ON THE DOWN SIDE THEN IT MAY GO DOWN TO 5270-5220-5200, ON THE OTHER HAND IF NIFTY SUSTAINS ABOVE 5420, THEN IT MAY INCH UP TO 5450-5540-5600 LEVELS.
STRATEGY FOR THE WEEK:
BUY PE 5400 & PE 5300:IF NIFTY SUSTAINS BELOW 5320 TO BOOK PROFIT AROUND 5270-5220-5200 LEVELS KEEPING STOP-LOSS OF 5450(CLOSING BASIS).
BUY CE5400 & CE5500: IF NIFTY SUSTAINS ABOVE 5450(CLOSING BASIS)TO BOOK PROFIT AROUND 5540-5600 KEEPING STOP-LOSS OF 5320.
NOTE: CHANCES ARE HIGHER THAT NIFTY MAY MOVE DOWN FIRST THAN HIGHER FROM CMP AS NIFTY MAY MOVE DOWN TO FILL THE GAP CREATED LAST WEEK.
ASTROLOGICALLY: IN OCTOBER I HAD ANALYSED AND PREDICTED FOR A CORRECTION AND FALL DUE TO INTENSE PLANETARY CONFIGURATION TAKING PLACE IN THE LAST 10 DAYS OF OCTOBER. HOWEVER AGAINST MY VIEW MARKET RAN FAST ON THE UPSIDE. AS SAID EARLIER, I MAINTAIN THE POSITIVE VIEW IN THE NOVEMBER, I BELIEVE THAT THE MARKETS SHALL WITNESS THE UPSIDE TILL 15TH NOVEMBER 2011. THEREAFTER MARKETS SHALL CORRECT AND AGAIN A DOWN TREND WILL BE NOTICED. HENCE I MAINTAIN MY VIEW OF WEAKNESS IN DECEMBER STARTING FROM NOVEMBER 15TH, 2011.
KEY DATES TO WATCH FOR IN US, INDIA & GLOBAL MARKETS FOR SHARP SWINGS/FALL: 1ST , 9TH, 17TH, 30TH NOVEMBER AND 1ST DECEMBER 2011.
THERE ARE 30% CHANCE THAT I MAY GO WRONG IN ABOVE ASTROLOGICAL ANALYSIS. SO PLEASE DON'T TRADE TOTALLY DEPENDING ON ASTROLOGY. USE YOUR OWN WISDOM AND CONSULT THE APPROPRIATE BEFORE ACTING.
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.
GOING FORWARD, INDIAN MARKETS MAY TRADE IN A BROAD RANGE WHERE STOCK SPECIFIC ACTION WILL BE SEEN. CORPORATE PERFORMANCE IN THE SECOND QUARTER SHALL BE THE FOCUS OF THE MARKET. GLOBAL CUES, WHERE THE FOMC MEETING ON 1ST & 2ND NOVEMBER, G20 MEETING SCHEDULED ON 3RD AND 4TH NOVEMBER, INDIA'S EXIM DATA FOR SEPTEMBER ON 1ST NOVEMBER, INDIA'S WEEKLY FOOD & FUEL INFLATION FOR THE WEEK ENDED ON OCTOBER 22, SHALL BE THE KEY EVENTS AND CUES TO WATCH FOR. INDEX BASED FRONT LINE STOCKS SHALL BE ON THE MOVEMENT THIS WEEK.
AFTER A LONG CONSOLIDATION IN THE RANGE OF 4700-5200 NIFTY GAVE A STRONG BREAKOUT RALLY LAST WEEK. NOW GOING UPSIDE NIFTY WILL HAVE VERY STRONG RESISTANCE IN THE RANGE OF 5420-5450. IF NIFTY MANAGES TO CLOSE ABOVE 5450 THEN 5600-5650 SHALL BE THE NEXT LEVEL WHERE NIFTY MAY PAUSE TO CONSOLIDATE.
AS NIFTY HAS MADE A GAP BETWEEN 5220 AND 5322, SO THERE IS STRONG POSSIBILITY THAT NIFTY MAY GO DOWN TO 5220 LEVELS TO FILL THE GAP IN THE VERY SHORT TERM. HENCE BOOKING PROFIT AT THE CURRENT LEVEL IS ADVISABLE SO AS TO RE-ENTER AROUND 5220 LEVELS.
FOR THIS WEEK: SUPPORT FOR THE NIFTY LIES AT 5320 AND RESISTANCE AT 5420. IF NIFTY BREAKS 5320 ON THE DOWN SIDE THEN IT MAY GO DOWN TO 5270-5220-5200, ON THE OTHER HAND IF NIFTY SUSTAINS ABOVE 5420, THEN IT MAY INCH UP TO 5450-5540-5600 LEVELS.
STRATEGY FOR THE WEEK:
BUY PE 5400 & PE 5300:IF NIFTY SUSTAINS BELOW 5320 TO BOOK PROFIT AROUND 5270-5220-5200 LEVELS KEEPING STOP-LOSS OF 5450(CLOSING BASIS).
BUY CE5400 & CE5500: IF NIFTY SUSTAINS ABOVE 5450(CLOSING BASIS)TO BOOK PROFIT AROUND 5540-5600 KEEPING STOP-LOSS OF 5320.
NOTE: CHANCES ARE HIGHER THAT NIFTY MAY MOVE DOWN FIRST THAN HIGHER FROM CMP AS NIFTY MAY MOVE DOWN TO FILL THE GAP CREATED LAST WEEK.
ASTROLOGICALLY: IN OCTOBER I HAD ANALYSED AND PREDICTED FOR A CORRECTION AND FALL DUE TO INTENSE PLANETARY CONFIGURATION TAKING PLACE IN THE LAST 10 DAYS OF OCTOBER. HOWEVER AGAINST MY VIEW MARKET RAN FAST ON THE UPSIDE. AS SAID EARLIER, I MAINTAIN THE POSITIVE VIEW IN THE NOVEMBER, I BELIEVE THAT THE MARKETS SHALL WITNESS THE UPSIDE TILL 15TH NOVEMBER 2011. THEREAFTER MARKETS SHALL CORRECT AND AGAIN A DOWN TREND WILL BE NOTICED. HENCE I MAINTAIN MY VIEW OF WEAKNESS IN DECEMBER STARTING FROM NOVEMBER 15TH, 2011.
KEY DATES TO WATCH FOR IN US, INDIA & GLOBAL MARKETS FOR SHARP SWINGS/FALL: 1ST , 9TH, 17TH, 30TH NOVEMBER AND 1ST DECEMBER 2011.
THERE ARE 30% CHANCE THAT I MAY GO WRONG IN ABOVE ASTROLOGICAL ANALYSIS. SO PLEASE DON'T TRADE TOTALLY DEPENDING ON ASTROLOGY. USE YOUR OWN WISDOM AND CONSULT THE APPROPRIATE BEFORE ACTING.
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.
Friday, October 28, 2011
IMPORTANT NOTIFICATION
WISH HAPPY & PROSPEROUS DEEPAVALI & BHAI DOOJ TO ALL THE VIEWERS, MEMBERS AND READERS.
AN UP TO-DATE REPORT OF THE MARKET WILL BE POSTED ON 30TH OCTOBER FOR THE SUBSEQUENT WEEK AND COMING MONTHS.
AN UP TO-DATE REPORT OF THE MARKET WILL BE POSTED ON 30TH OCTOBER FOR THE SUBSEQUENT WEEK AND COMING MONTHS.
Sunday, October 23, 2011
MARKET OUTLOOK FOR THE WEEK 24TH OCT-28TH OCT 2011
INDIAN MARKETS HAVE CORRECTED ALMOST 2% LAST WEEK AMID WEAK GLOBAL CUES AND MIXED EARNING NUMBERS FROM COMPANIES. INDIA'S INFLATION REMAINED THE CAUSE OF WORRY IN THE MARKET AND DIVISIONS BETWEEN FRANCE AND GERMANY OVER THE DEBT CRISIS AHEAD OF EU SUMMIT RESULTED IN WEAK SENTIMENT AND CAUTIOUS APPROACH. HENCE MARKET SLIPPED. NIFTY ENDED AT 5049.95 AND SENSEX ENDED AT 16785.64.
GOING FORWARD MARKET SHALL BE AFFECTED BY THE GLOBAL DEVELOPMENTS, RBI POLICY ON 25TH-which may see another rate hike by 25bps AND CORPORATE EARNINGS. ANY THING ADVERSE FROM THE GLOBAL MARKETS SHALL CERTAINLY HIT THE MARKET SENTIMENT HERE ALSO. ELSE MARKETS TO REMAIN IN THE RANGE. NIFTY SHALL TRADE IN THE RANGE OF 4940-5230. BREAK OF THIS RANGE SHALL INVITE FRESH MOVE OF AT LEAST 150-200 POINTS.
NOW IN THE SHORT TERM THE RANGE FOR THE NIFTY IS 5010-5170. BREAK OUT ABOVE 5170(CLOSING BASIS) SHALL MAKE NIFTY TO MOVE AROUND 5230 AND THEN TO 5320, HOWEVER BREAK DOWN BELOW 5010 SHALL SEE FRESH WAVE OF SELLING AND NIFTY MAY SLIP TO 4940 AND THEN TO 4800. HENCE A BROAD STOP-LOSS OF 5000-4940 SHOULD BE MAINTAINED FOR ALL LONGS. HOWEVER IF THERE ARE SOME POSITIVE DEVELOPMENTS AND NIFTY MOVES OR CLOSES ABOVE 5170 THEN ONE SHOULD NOT BE SHORT IN THE MARKETS AS NIFTY MAY SHOOT UP TO 5230-5270-5320 OR EVEN 5400, HENCE THOSE BEARISH IN THE MARKET SHOULD KEEP 5170 AS STRICT STOP-LOSS.
STRATEGY: BUY CE5100 & CE5200, IF NIFTY MOVES AND/OR CLOSES ABOVE 5170, FOR THE SHORT TERM TARGET OF 5230-5320.
BUY PE5000 & PE4900, IF NIFTY MOVES AND/OR CLOSES BELOW 5000-4940, FOR THE SHORT TERM TARGET OF 4800.
STOCKS TO WATCH & BUY FOR SHORT TERM:
1. DELTA CORP(100): MAY RISE SOON TO NEW HIGHS. MY SHORT TERM TARGET IS 140++++++. MUST BUY FOR LONG TERM AND FOR DEEPAVALI RISE.
2. CUB(44): MAY TOUCH 50-52++ SOON, MAY BE 15-20 DAYS............
ASTROLOGICALLY: PLANETS DO NOT FAVOR THE UP MOVE, THERE MAY BE SLIP AND DOWN MOVE. HOWEVER IT WILL BE IMPORTANT TO SEE HOW THE EVENTS SHAPE-UP AND ACT ACCORDINGLY, AS MY ANALYSIS MIGHT GO WRONG ALSO, SO WHY TO TAKE RISK.
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.
GOING FORWARD MARKET SHALL BE AFFECTED BY THE GLOBAL DEVELOPMENTS, RBI POLICY ON 25TH-which may see another rate hike by 25bps AND CORPORATE EARNINGS. ANY THING ADVERSE FROM THE GLOBAL MARKETS SHALL CERTAINLY HIT THE MARKET SENTIMENT HERE ALSO. ELSE MARKETS TO REMAIN IN THE RANGE. NIFTY SHALL TRADE IN THE RANGE OF 4940-5230. BREAK OF THIS RANGE SHALL INVITE FRESH MOVE OF AT LEAST 150-200 POINTS.
NOW IN THE SHORT TERM THE RANGE FOR THE NIFTY IS 5010-5170. BREAK OUT ABOVE 5170(CLOSING BASIS) SHALL MAKE NIFTY TO MOVE AROUND 5230 AND THEN TO 5320, HOWEVER BREAK DOWN BELOW 5010 SHALL SEE FRESH WAVE OF SELLING AND NIFTY MAY SLIP TO 4940 AND THEN TO 4800. HENCE A BROAD STOP-LOSS OF 5000-4940 SHOULD BE MAINTAINED FOR ALL LONGS. HOWEVER IF THERE ARE SOME POSITIVE DEVELOPMENTS AND NIFTY MOVES OR CLOSES ABOVE 5170 THEN ONE SHOULD NOT BE SHORT IN THE MARKETS AS NIFTY MAY SHOOT UP TO 5230-5270-5320 OR EVEN 5400, HENCE THOSE BEARISH IN THE MARKET SHOULD KEEP 5170 AS STRICT STOP-LOSS.
STRATEGY: BUY CE5100 & CE5200, IF NIFTY MOVES AND/OR CLOSES ABOVE 5170, FOR THE SHORT TERM TARGET OF 5230-5320.
BUY PE5000 & PE4900, IF NIFTY MOVES AND/OR CLOSES BELOW 5000-4940, FOR THE SHORT TERM TARGET OF 4800.
STOCKS TO WATCH & BUY FOR SHORT TERM:
1. DELTA CORP(100): MAY RISE SOON TO NEW HIGHS. MY SHORT TERM TARGET IS 140++++++. MUST BUY FOR LONG TERM AND FOR DEEPAVALI RISE.
2. CUB(44): MAY TOUCH 50-52++ SOON, MAY BE 15-20 DAYS............
ASTROLOGICALLY: PLANETS DO NOT FAVOR THE UP MOVE, THERE MAY BE SLIP AND DOWN MOVE. HOWEVER IT WILL BE IMPORTANT TO SEE HOW THE EVENTS SHAPE-UP AND ACT ACCORDINGLY, AS MY ANALYSIS MIGHT GO WRONG ALSO, SO WHY TO TAKE RISK.
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.
Friday, October 21, 2011
MARKET VIEW FOR 21ST OCTOBER 2011
INDIAN MARKETS WITTINESS HEAVY SELLING AND DEEP CUT AROUND 100 POINTS IN NIFTY DUE TO GLOBAL MARKETS. ASIAN STOCKS SLID YESTERDAY WITH THE BENCHMARK REGIONAL INDEX HEADED TO ITS LOWEST CLOSE IN MORE THAN A WEEK, AMID UNCERTAINTY ABOUT EUROPEAN BAIL-OUT FUND TALKS AND AS THE US COMPANIES GREW MORE PESSIMISTIC ABOUT THE OUTLOOK FOR THE WORLD'S LARGEST ECONOMY. NIFTY CLOSED AT 5091.90, DOWN BY 47.25 POINTS AND SENSEX CLOSED AT 16936.89, DOWN BY 148.45 POINTS, WITH THE WEAK MARKET BREADTH. BOTH MID-CAP AND SMALL-CAP INDICES CLOSED IN RED TO THE TUNE OF NEARLY HALF A PERCENTAGE.
GOING FORWARD, THE EUROPEAN UNION SUMMIT THIS WEEKEND (Sunday, 23rd October, 2011) ON THE REGION'S DEBT CRISIS HOLD THE KEY OF MARKET DIRECTION. ALSO THE CREDIT POLICY MEET BY RBI ON 25TH OCTOBER 2011(TUESDAY), SHALL ALSO BE THE KEY TO INDIAN MARKETS.TILL THEN THE NIFTY SHALL BE RANGE BOUND BETWEEN 5170-4940. BREAK ON EITHER SIDE SHALL INVITE FRESH 150-200 POINTS MOVE IN NIFTY.
IS IT TIME TO REMAIN CAUTIOUS(FOR BULLS)????
YES, IT IS. HOWEVER INVESTORS SHOULD BUY ON DIPS THE GOOD QUALITY STOCKS AND ACCUMULATE MORE, IF ALREADY HOLD.
ASTROLOGICALLY: AS I HAVE ANALYSED ASTROLOGICALLY THAT MARKETS WILL TAKE DOWN WARD JOURNEY IN THE LAST 10 DAYS OF OCTOBER, THE KEY EVENT LIES ON 23RD OCTOBER AND 25TH OCTOBER. THE PLANETARY CONFIGURATION SHOW A CUT IN INDICES IN THE LAST 10 DAYS OF OCTOBER, HENCE AGGRESSIVE LONG POSITION SHOULD BE AVOIDED AND PORTFOLIO SHOULD BE HEDGED BUY BUYING PUT OPTIONS.
FOR SPECULATORS AND DAY TRADERS, OPTIONS OF NIFTY (EITHER CALL OR PUT) WILL BE SUGGESTED ONLY ON SUNDAY, 23RD OCTOBER. AS ALREADY SAID ITS TIME TO REMAIN OUT OF MARKET AND ONLY WHEN THERE IS ONE SIDED DIRECTION VISIBLE WE SHALL ATTEMPT TO TRADE IN NIFTY OPTIONS. HAD YOU BEEN TRADING FOR LAST 3-4 DAYS, YOU MIGHT HAVE TAPPED IN OPTIONS RESULTING IN LOSSES. SO BETTER WAIT TILL 23RD AND THEN TAKE A FRESH CALL.
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.
GOING FORWARD, THE EUROPEAN UNION SUMMIT THIS WEEKEND (Sunday, 23rd October, 2011) ON THE REGION'S DEBT CRISIS HOLD THE KEY OF MARKET DIRECTION. ALSO THE CREDIT POLICY MEET BY RBI ON 25TH OCTOBER 2011(TUESDAY), SHALL ALSO BE THE KEY TO INDIAN MARKETS.TILL THEN THE NIFTY SHALL BE RANGE BOUND BETWEEN 5170-4940. BREAK ON EITHER SIDE SHALL INVITE FRESH 150-200 POINTS MOVE IN NIFTY.
IS IT TIME TO REMAIN CAUTIOUS(FOR BULLS)????
YES, IT IS. HOWEVER INVESTORS SHOULD BUY ON DIPS THE GOOD QUALITY STOCKS AND ACCUMULATE MORE, IF ALREADY HOLD.
ASTROLOGICALLY: AS I HAVE ANALYSED ASTROLOGICALLY THAT MARKETS WILL TAKE DOWN WARD JOURNEY IN THE LAST 10 DAYS OF OCTOBER, THE KEY EVENT LIES ON 23RD OCTOBER AND 25TH OCTOBER. THE PLANETARY CONFIGURATION SHOW A CUT IN INDICES IN THE LAST 10 DAYS OF OCTOBER, HENCE AGGRESSIVE LONG POSITION SHOULD BE AVOIDED AND PORTFOLIO SHOULD BE HEDGED BUY BUYING PUT OPTIONS.
FOR SPECULATORS AND DAY TRADERS, OPTIONS OF NIFTY (EITHER CALL OR PUT) WILL BE SUGGESTED ONLY ON SUNDAY, 23RD OCTOBER. AS ALREADY SAID ITS TIME TO REMAIN OUT OF MARKET AND ONLY WHEN THERE IS ONE SIDED DIRECTION VISIBLE WE SHALL ATTEMPT TO TRADE IN NIFTY OPTIONS. HAD YOU BEEN TRADING FOR LAST 3-4 DAYS, YOU MIGHT HAVE TAPPED IN OPTIONS RESULTING IN LOSSES. SO BETTER WAIT TILL 23RD AND THEN TAKE A FRESH CALL.
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.
Wednesday, October 19, 2011
MARKET VIEW FOR 19TH OCTOBER 2011
ON WEAK US MARKET AND GLOBAL CUES INDIAN MARKETS FELL SHARPLY YESTERDAY. POOR PERFORMANCE BY TCS AND HCL TECH HURT THE SENTIMENTS. NIFTY CLOSED AT 5037.50 DOWN BY 80.75 POINTS AND SENSEX CLOSED AT 16748.29, DOWN BY 276.80 POINTS. MARKET BREADTH WAS POOR AND BOTH MID-CAP AND SMALL-CAP INDICES WERE DOWN BY MORE THAN A PERCENTAGE POINT.
GOING FORWARD, INDIAN MARKETS WILL TAKE CUES FROM THE GLOBAL MARKETS AND ESPECIALLY DEVELOPMENTS IN THE EUROPEAN COUNTRIES. YESTERDAY MARKETS OF THE WORLD TUMBLED AFTER THE STATEMENT OF GERMAN FINANCE MINISTER THAT EUROPEAN GOVERNMENTS WON'T BE ABLE TO RESOLVE THE CRISIS TOTALLY AT THE MEETING SCHEDULED TO BE HELD ON 23RD OCTOBER, 2011. DOMESTICALLY QUARTERLY RESULTS SHALL KEEP ON IMPACTING AND TRIGGERING THE STOCK SPECIFIC MOVES.
NIFTY IS EXPECTED TO BE IN THE RANGE OF 4940 & 5170.
IF NIFTY SLIPS BELOW 4940, THEN NIFTY MAY GO TO 4700-4650. ON THE OTHER SIDE IF NIFTY MOVES ABOVE 5170 THEN 5230-5320 WILL BE THE TARGET. HENCE STRICT STOP-LOSS OF 4940 SHOULD BE MAINTAINED TO ALL LONG POSITIONS.
FOR TODAY: NIFTY MAY TAKE SUPPORT AT 5010 AND RESISTANCE AT 5090. BREAK OF 5010 MAY PULL DOWN NIFTY TO 4970-4940, ON THE OTHER HAND ABOVE 5090, 5130 AND 5170 SHALL BE THE TARGET.
NO STOCKS ARE RECOMMENDED TODAY
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.
GOING FORWARD, INDIAN MARKETS WILL TAKE CUES FROM THE GLOBAL MARKETS AND ESPECIALLY DEVELOPMENTS IN THE EUROPEAN COUNTRIES. YESTERDAY MARKETS OF THE WORLD TUMBLED AFTER THE STATEMENT OF GERMAN FINANCE MINISTER THAT EUROPEAN GOVERNMENTS WON'T BE ABLE TO RESOLVE THE CRISIS TOTALLY AT THE MEETING SCHEDULED TO BE HELD ON 23RD OCTOBER, 2011. DOMESTICALLY QUARTERLY RESULTS SHALL KEEP ON IMPACTING AND TRIGGERING THE STOCK SPECIFIC MOVES.
NIFTY IS EXPECTED TO BE IN THE RANGE OF 4940 & 5170.
IF NIFTY SLIPS BELOW 4940, THEN NIFTY MAY GO TO 4700-4650. ON THE OTHER SIDE IF NIFTY MOVES ABOVE 5170 THEN 5230-5320 WILL BE THE TARGET. HENCE STRICT STOP-LOSS OF 4940 SHOULD BE MAINTAINED TO ALL LONG POSITIONS.
FOR TODAY: NIFTY MAY TAKE SUPPORT AT 5010 AND RESISTANCE AT 5090. BREAK OF 5010 MAY PULL DOWN NIFTY TO 4970-4940, ON THE OTHER HAND ABOVE 5090, 5130 AND 5170 SHALL BE THE TARGET.
NO STOCKS ARE RECOMMENDED TODAY
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.
Tuesday, October 18, 2011
MARKET VIEW FOR 18TH OCTOBER 2011
AFTER OPENING STRONG ON GLOBAL CUES MARKETS ENDED ON NEGATIVE NOTE, DUE TO PROFIT BOOKING IN HEAVY WEIGHTS LIKE RELIANCE, CAPITAL GOODS, POWER, PHARMA & TECHNOLOGY SHARES. HOWEVER BUYING WAS SEEN IN AUTO, FMCG, BANKING & REALITY SHARES WHICH WHICH LIMITED THE DOWN SLIP OF INDICES. NIFTY SHUT SHOP AT 5118.25, DOWN 14.05 POINTS AND THE SENSEX CLOSED AT 17025.09, DOWN 57.60 POINTS.
MARKET BREADTH WAS NEGATIVE AND BOTH MID-CAP & SMALL-CAP INDICES CLOSED ALMOST FLAT, WITH NEGATIVE BIAS.
NOW THE KEY FOCUS WILL BE THE CUES COMING FROM EUROPE. THE DEVELOPMENT IN EUROPE TILL THE EUROPEAN LEADER SUMMIT ON 23RD OCTOBER 2011, WHICH MAY GIVE A STRONG SOLUTION TO THE EURO-ZONE CRISIS. AMERICAN & EUROPEAN MARKETS HAVE BEEN MOVING UP ON THE SAME EXPECTATION AND IF THERE IS REALLY GOOD POSITIVE NEWS FROM EUROPE, THE WORLD WILL REJOICE AND RALLY IN ASIAN AND INDIAN MARKETS WILL CONTINUE HOWEVER ANY ADVERSE SENTIMENT, IF DEVELOPED ON FALL OF EXPECTATIONS, MAY LEAD TO SEVERE JOLT TO THE WORLD MARKETS AND RESULTS COULD BE DEVASTATING ACROSS THE GLOBE.
HENCE ITS VERY VERY IMPORTANT TO SEE THE GLOBAL DEVELOPMENT, ESPECIALLY EUROPE.
DOMESTICALLY CORPORATE RESULTS WILL KEEP ON TRICKLING IN AND THE STOCK ADJUSTMENTS WILL TAKE PLACE ACCORDING TO THE NUMBERS AND GUIDANCE OF THE COMPANIES. HENCE DOMESTICALLY THERE ARE NO MAJOR TRIGGERS FOR THE MARKET. IN ESSENCE SUNDAY THE 23RD OCTOBER WILL DECIDE THE FATE OF THE MARKETS ACROSS THE GLOBE. SO KEEP EYE ON IT!!!!!!!!!!!!!!!!
TILL THE EVENT THE BROAD RANGE OF THE MARKETS SHALL BE 4900-5300.
NOTE THAT NIFTY HAS GIVEN A RALLY OF ALMOST 9.13%, FROM THE LOWS MADE ON 4TH OCTOBER 2011, AROUND 4728.30 IN LAST EIGHT TRADING SESSIONS. AS THERE IS A STRONG RESISTANCE IN THE RANGE OF 5110-5170, IF NIFTY MANAGES TO MOVE ABOVE 5170 THEN WE MIGHT SEE RALLY TILL 5230 & 5330, HOWEVER BREAK OF 5110 SHALL PULL DOWN NIFTY TO 4940 LEVELS.
NOTE: SINCE IN THE EXTREMELY SHORT TERM NIFTY SEEMS TO BE OVER BOUGHT( KINDLY ALSO CHECK THE TECHNICALS OF YOUR OWN) AS THE INDICATORS SHOW, NIFTY IS EXPECTED TO CORRECT TO THE LEVELS OF 5000-4940 LEVELS.
FOR TODAY: NIFTY HAS SUPPORT AT 5080 AND RESISTANCE AT 5170. IF NIFTY BREAKS 5080 THEN 5040 & 5000 SHALL BE THE SUPPORT, HOWEVER IF NIFTY MANAGES TO SUSTAIN ABOVE 5170, DUE TO OTHER REASONS, THEN RALLY UP TO 5200 & 5230 WILL BE SEEN.
HENCE 5080 TO 5170 WILL BE NI TRADING ZONE. SHORT NIFTY BELOW 5080 AND BUY ABOVE 5170, KEEPING THE RESISTANCE AND SUPPORT AS STOP-LOSS TO THE POSITIONS ACCORDINGLY.
ASTROLOGICALLY: AS ALEADY SAID SEVERAL TIMES, NOW AGAIN THE SAME READINGS. THIS WEEK WILL BE WEAK FRO MONDAY NOON TO THURSDAY NOON, WHERE THERE WILL BE SPIKES OF COVERING BUT TREND WILL BE RANGE BOUND TO DOWN WARDS. HOWEVER THERE WILL BE SOME BUYING/RECOVERY IN LACKLUSTER MARKET FROM THURSDAY(20TH OCTOBER) NOON TILL FRIDAY.
ASTROLOGICALLY ITS TIME TO REMAIN CAUTIOUS AND AVOID HEAVY BUYING IN CASH AND DERIVATIVES BOTH. IF ONE MAKES PORTFOLIO, THEN HEDGING COULD BE DONE WITH THE PUT OPTIONS.
I AM BEARISH IN THE MARKET INDICES, IN THE LAST 10 DAYS OF THE OCTOBER, 2011 AND DECEMBER 2011. MAY BE THE OCTOBER 23RD EVENT, SHOW THE SIGNS OF WEAKNESS AND MAY TRIGGER A HUGE SELL-OFF. BUT THERE IS NO NEED OF PANIC.
THERE ARE 40% CHANCE THAT I MAY GO WRONG IN THE ABOVE ASTROLOGICAL ANALYSIS AND PREDICTION. SO KINDLY FOLLOW YOUR OWN ANALYSIS, JUDGEMENT, NEWS, ADVISER, COUNCILLOR, ETC AND DON'T RELY ON MY ANALYSIS AND VISION, IT MAY GO WRONG COMPLETELY. NO BODY KNOWS THE FUTURE, EXCEPT THE GOD!!!!!!
GOOD LUCK.............
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.
MARKET BREADTH WAS NEGATIVE AND BOTH MID-CAP & SMALL-CAP INDICES CLOSED ALMOST FLAT, WITH NEGATIVE BIAS.
NOW THE KEY FOCUS WILL BE THE CUES COMING FROM EUROPE. THE DEVELOPMENT IN EUROPE TILL THE EUROPEAN LEADER SUMMIT ON 23RD OCTOBER 2011, WHICH MAY GIVE A STRONG SOLUTION TO THE EURO-ZONE CRISIS. AMERICAN & EUROPEAN MARKETS HAVE BEEN MOVING UP ON THE SAME EXPECTATION AND IF THERE IS REALLY GOOD POSITIVE NEWS FROM EUROPE, THE WORLD WILL REJOICE AND RALLY IN ASIAN AND INDIAN MARKETS WILL CONTINUE HOWEVER ANY ADVERSE SENTIMENT, IF DEVELOPED ON FALL OF EXPECTATIONS, MAY LEAD TO SEVERE JOLT TO THE WORLD MARKETS AND RESULTS COULD BE DEVASTATING ACROSS THE GLOBE.
HENCE ITS VERY VERY IMPORTANT TO SEE THE GLOBAL DEVELOPMENT, ESPECIALLY EUROPE.
DOMESTICALLY CORPORATE RESULTS WILL KEEP ON TRICKLING IN AND THE STOCK ADJUSTMENTS WILL TAKE PLACE ACCORDING TO THE NUMBERS AND GUIDANCE OF THE COMPANIES. HENCE DOMESTICALLY THERE ARE NO MAJOR TRIGGERS FOR THE MARKET. IN ESSENCE SUNDAY THE 23RD OCTOBER WILL DECIDE THE FATE OF THE MARKETS ACROSS THE GLOBE. SO KEEP EYE ON IT!!!!!!!!!!!!!!!!
TILL THE EVENT THE BROAD RANGE OF THE MARKETS SHALL BE 4900-5300.
NOTE THAT NIFTY HAS GIVEN A RALLY OF ALMOST 9.13%, FROM THE LOWS MADE ON 4TH OCTOBER 2011, AROUND 4728.30 IN LAST EIGHT TRADING SESSIONS. AS THERE IS A STRONG RESISTANCE IN THE RANGE OF 5110-5170, IF NIFTY MANAGES TO MOVE ABOVE 5170 THEN WE MIGHT SEE RALLY TILL 5230 & 5330, HOWEVER BREAK OF 5110 SHALL PULL DOWN NIFTY TO 4940 LEVELS.
NOTE: SINCE IN THE EXTREMELY SHORT TERM NIFTY SEEMS TO BE OVER BOUGHT( KINDLY ALSO CHECK THE TECHNICALS OF YOUR OWN) AS THE INDICATORS SHOW, NIFTY IS EXPECTED TO CORRECT TO THE LEVELS OF 5000-4940 LEVELS.
FOR TODAY: NIFTY HAS SUPPORT AT 5080 AND RESISTANCE AT 5170. IF NIFTY BREAKS 5080 THEN 5040 & 5000 SHALL BE THE SUPPORT, HOWEVER IF NIFTY MANAGES TO SUSTAIN ABOVE 5170, DUE TO OTHER REASONS, THEN RALLY UP TO 5200 & 5230 WILL BE SEEN.
HENCE 5080 TO 5170 WILL BE NI TRADING ZONE. SHORT NIFTY BELOW 5080 AND BUY ABOVE 5170, KEEPING THE RESISTANCE AND SUPPORT AS STOP-LOSS TO THE POSITIONS ACCORDINGLY.
ASTROLOGICALLY: AS ALEADY SAID SEVERAL TIMES, NOW AGAIN THE SAME READINGS. THIS WEEK WILL BE WEAK FRO MONDAY NOON TO THURSDAY NOON, WHERE THERE WILL BE SPIKES OF COVERING BUT TREND WILL BE RANGE BOUND TO DOWN WARDS. HOWEVER THERE WILL BE SOME BUYING/RECOVERY IN LACKLUSTER MARKET FROM THURSDAY(20TH OCTOBER) NOON TILL FRIDAY.
ASTROLOGICALLY ITS TIME TO REMAIN CAUTIOUS AND AVOID HEAVY BUYING IN CASH AND DERIVATIVES BOTH. IF ONE MAKES PORTFOLIO, THEN HEDGING COULD BE DONE WITH THE PUT OPTIONS.
I AM BEARISH IN THE MARKET INDICES, IN THE LAST 10 DAYS OF THE OCTOBER, 2011 AND DECEMBER 2011. MAY BE THE OCTOBER 23RD EVENT, SHOW THE SIGNS OF WEAKNESS AND MAY TRIGGER A HUGE SELL-OFF. BUT THERE IS NO NEED OF PANIC.
THERE ARE 40% CHANCE THAT I MAY GO WRONG IN THE ABOVE ASTROLOGICAL ANALYSIS AND PREDICTION. SO KINDLY FOLLOW YOUR OWN ANALYSIS, JUDGEMENT, NEWS, ADVISER, COUNCILLOR, ETC AND DON'T RELY ON MY ANALYSIS AND VISION, IT MAY GO WRONG COMPLETELY. NO BODY KNOWS THE FUTURE, EXCEPT THE GOD!!!!!!
GOOD LUCK.............
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.
Sunday, October 16, 2011
MARKETS AND YOUR INVESTMENT: A PERSPECTIVE
SO FAR WE HAVE BEEN WITNESSING THE WEAK MARKETS SINCE LAST DEEPAVALI DUE TO MANY GLOBAL AS WELL AS DOMESTIC REASONS. HOWEVER THE APATHY BY THE GOVERNMENT IN PLANNING AND POLICY LAGGARD, CONTINUOUS INCREASE OF INTEREST RATES BY RBI, RISING COMMODITY PRICES GLOBALLY, FINANCIAL CRISIS DUE TO RISING SOVEREIGN DEBT ESPECIALLY IN EURO-ZONE COUNTRIES, RISING DOMESTIC INFLATION, ETC ARE THE MANY REASONS, WHICH HAVE BEEN NEGATIVE TO THE GLOBAL STOCK MARKETS INCLUDING INDIA. EVERY WEEK AND MONTH STARTS WITH A NEW HOPE THAT SOONER THE THINGS WILL SETTLE AND SECULAR BULL MARKET WILL RE-START IN INDIA. BULLS HAVE BEEN BAFFLING FOR LAST 11 MONTHS ON HOPES OF NEW HIGHS BUT MARKETS HAVE DISAPPOINTED ALL. ITS NOT THAT THE BEARS HAVE MADE MONEY BUT ALL HAVE LOST THE VALUE OF INVESTMENTS GRADUALLY OVER THIS PERIOD. ITS IMPORTANT TO REMEMBER THAT THE MARKETS HAVE TENDENCY AND HISTORY OF BEHAVING IN THE SIMILAR PATTERN AS THEY HAVE BEEN, HOWEVER DYNAMISM ADDS NEW FACES TO THE OLD PROBLEMS
SO WHAT ONE CAN DO IF THE SAME THINGS CONTINUE FOR SOME MORE MONTHS OR YEARS?????????
HERE COMES THE BASIC INVESTMENT PRINCIPLES, POLICIES AND DISCIPLINE TO PLAY VITAL ROLE IN YOUR DECISION MAKING AND PROFITABLE INVESTING.
1. ITS NOT VERY MUCH FRUITFUL TO SEE INDEX AND INVEST ON ITS ANALOGY. There are several stocks which have been rising for last 1 year. Take Exapmle of GUJRAT FLOURO. It was around Rs.160 eleven months back, however it has risen to 560 in this period and currently trading at 538. I have mentioned buying in this stock around 216-220-230-240(search my previous postings) for the target of 500-700-1000++ in 12 to 18 months(though I maintain my view on this).
Similarly RALLIS INDIA. It was around 120-130 a year back and has been constantly rising. I maintain my view of 250 in short term and 500++ in the medium to long term. A very good company of TATA Group.
On the other hand there are many other companies which have lost their market cap and value very significantly. Many companies suggest by me have not worked well in the last 11 months. Take example of SKUMAR NATION. I have suggested this company when it was trading around 85-90 with a price target of 150++. Unfortunately the company is trading around 40. Similarly ORCHID CHEM was being suggested with huge targets when it was around 280-300, however its is currently half of its value.
These stocks were suggested on the basis that markets will move higher and so will the stocks. However few stocks under-perform and others out-perform. Hence its not wise to invest on the basis of Indices.
LEARNING: JUST KEEP ON INVESTING IRRESPECTIVE OF INDEX AND ITS MOVEMENT. JUST ADD STOCKS, ON EVERY FALL OF 10% OR SO.
2. NEVER PUT YOUR MONEY IN A SINGLE TAKE: Money must be invested gradually on regularly interval rather than in just a single take. Many of my followers buy in a single stroke in a greed of getting more profits making themselves nervous and baffling when the prices correct. Either they have no fresh money to buy or make leveraged position, which is very very negative and not meant for Investor. Now an Investor turns to a short term trader and looses money.
LEARNING: HENCE YOU SHOULD INVEST SOME REGULAR MONEY, WHEN YOU SEE AN OPPORTUNITY IN THE STOCK, RATHER THAN OPPORTUNITY IN THE MARKET. PUT HUGE SUM ONLY WHEN YOU GET OPPORTUNITY IN THE MARKET(SAY ON 15%-20% CUT)
3. STOP TRADING AND EXPECTING GAINS IN THE SHORT TERM: The greatest limitation we all have is to think about the short term trading, speculation, day-trading, options, futures, derivatives, etc., etc., ....... These are killers. They eat your money and investment. TRADING IS BASICALLY ILLUSION. No one CAN MAKE WEALTH if he or she is in job of continuous trading habit. The big money is always made in investment of longer duration and very less churning, may be one or two in a year. I know many of my close friends, relatives, followers, who have bought many stocks on my suggestion and view, made little money or no money as they have traded in the stocks, which are meant for investment. They were either left with some marginal profits and few stocks of outperforming stocks, any many under-performing stocks and losses.
LEARNING: AVOID SEARCHING STOCKS TO GAIN IN SHORT TERM OR ANY MEANS WHICH MAY GIVE PROFITS. SEARCH FOR STOCKS WHICH COULD GIVE YOU WEALTH OVER LONGER PERIOD. AVOID WORKING ON TECHNICAL CALLS, TIPS, INFORMATION, RATHER GO WITH RELIABLE MARKET ANALYSTS AND OWN RESEARCH WORK.
FOLLOWING STOCKS LOOK GOOD FOR A PERIOD OF 12-18-24 MONTHS:
1. RALLIS(174.00): STILL UNDERVALUED IN TERMS OF POTENTIALS. MY TARGET IS 500+++ WITH MINIMAL DOWN SIDE RISK. EVERY DIP WILL BE AN OPPORTUNITY TO BUY.
2. ITC(205.10): THIS STOCK WILL MAKE HUGE WEALTH FOR ITS INVESTORS. MY TARGET IS 450++++ IN 18-24 MONTHS.
3. PETRONET LNG(155.90): BUY THIS STOCK FOR AT LEAST 2-3 YEARS PERSPECTIVE. STOCK MAY OUTPERFORM THE MARKET. ANALYSTS PROJECT THE TARGET OF 400+++.
4. L&T(1407.80): THIS STOCK WILL MAKE HUGE WEALTH FOR ITS INVESTORS. MY TARGET IS 4500++ IN 18-24 MONTHS.
5. TITAN IND(218.10) & 6.GITANJALI GEMS(364.65): STILL UNDERVALUED IN TERMS OF POTENTIALS. MY TARGET FOR BOTH IS 500+++ WITH MINIMAL DOWN SIDE RISK. EVERY DIP WILL BE AN OPPORTUNITY TO BUY.
7. CANFIN HOME(97.10): BUY THIS STOCK AND ADD ON EVERY DIP. TARGET IS AROUND 200-250++++ IN 18-24 MONTHS. THIS IS VERY CHEAP STOCK AVAILABLE FUNDAMENTALLY VERY STRONG. MUST BUY IN PORTFOLIO. MINIMAL OR NO DOWN SIDE RISK.
8. SHALIMAR PAINTS(503.65): BUY THIS STOCK TO HOLD FOR AT LEAST 12-18 MONTHS. INVESTORS MAY GAIN HUGE ON THIS STOCK AS IT WILL UNVEIL HUGE VALUE IN TIME TO COME. DON'T FORGET TO PAINT YOUR HOUSE WITH SHALIMAR PAINTS IN THIS FESTIVE SEASON. MY TARGET IS AROUND 1200+++.
9. GUJRAT FLOURO(538.10): BUY THIS STOCK TO NEVER SELL. GOLD MINE!!!!!!!! MAY GIVE HUGE VALUE GOING FORWARD. MY 1ST TARGET IS AROUND 1000++.
10. PILANI INVESTMENT(1700-2000): CURRENTLY LISTED IN DELHI STOCK EXCHANGE, THIS SHARE WILL BE LISTED IN BSE/NSE ON DEEPAVALI MUHURT TRADING AROUND 2500-3000, WHICH MAY SEE HUGE UNLOCK IN VALUE FOR ITS INVESTORS. A BIRLA GROUP COMPANY HAS STRONG FUNDAMENTALS AND MAY FETCH 7500-10000+++ FOR ITS INVESTORS. BUY & HOLD.
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.
SO WHAT ONE CAN DO IF THE SAME THINGS CONTINUE FOR SOME MORE MONTHS OR YEARS?????????
HERE COMES THE BASIC INVESTMENT PRINCIPLES, POLICIES AND DISCIPLINE TO PLAY VITAL ROLE IN YOUR DECISION MAKING AND PROFITABLE INVESTING.
1. ITS NOT VERY MUCH FRUITFUL TO SEE INDEX AND INVEST ON ITS ANALOGY. There are several stocks which have been rising for last 1 year. Take Exapmle of GUJRAT FLOURO. It was around Rs.160 eleven months back, however it has risen to 560 in this period and currently trading at 538. I have mentioned buying in this stock around 216-220-230-240(search my previous postings) for the target of 500-700-1000++ in 12 to 18 months(though I maintain my view on this).
Similarly RALLIS INDIA. It was around 120-130 a year back and has been constantly rising. I maintain my view of 250 in short term and 500++ in the medium to long term. A very good company of TATA Group.
On the other hand there are many other companies which have lost their market cap and value very significantly. Many companies suggest by me have not worked well in the last 11 months. Take example of SKUMAR NATION. I have suggested this company when it was trading around 85-90 with a price target of 150++. Unfortunately the company is trading around 40. Similarly ORCHID CHEM was being suggested with huge targets when it was around 280-300, however its is currently half of its value.
These stocks were suggested on the basis that markets will move higher and so will the stocks. However few stocks under-perform and others out-perform. Hence its not wise to invest on the basis of Indices.
LEARNING: JUST KEEP ON INVESTING IRRESPECTIVE OF INDEX AND ITS MOVEMENT. JUST ADD STOCKS, ON EVERY FALL OF 10% OR SO.
2. NEVER PUT YOUR MONEY IN A SINGLE TAKE: Money must be invested gradually on regularly interval rather than in just a single take. Many of my followers buy in a single stroke in a greed of getting more profits making themselves nervous and baffling when the prices correct. Either they have no fresh money to buy or make leveraged position, which is very very negative and not meant for Investor. Now an Investor turns to a short term trader and looses money.
LEARNING: HENCE YOU SHOULD INVEST SOME REGULAR MONEY, WHEN YOU SEE AN OPPORTUNITY IN THE STOCK, RATHER THAN OPPORTUNITY IN THE MARKET. PUT HUGE SUM ONLY WHEN YOU GET OPPORTUNITY IN THE MARKET(SAY ON 15%-20% CUT)
3. STOP TRADING AND EXPECTING GAINS IN THE SHORT TERM: The greatest limitation we all have is to think about the short term trading, speculation, day-trading, options, futures, derivatives, etc., etc., ....... These are killers. They eat your money and investment. TRADING IS BASICALLY ILLUSION. No one CAN MAKE WEALTH if he or she is in job of continuous trading habit. The big money is always made in investment of longer duration and very less churning, may be one or two in a year. I know many of my close friends, relatives, followers, who have bought many stocks on my suggestion and view, made little money or no money as they have traded in the stocks, which are meant for investment. They were either left with some marginal profits and few stocks of outperforming stocks, any many under-performing stocks and losses.
LEARNING: AVOID SEARCHING STOCKS TO GAIN IN SHORT TERM OR ANY MEANS WHICH MAY GIVE PROFITS. SEARCH FOR STOCKS WHICH COULD GIVE YOU WEALTH OVER LONGER PERIOD. AVOID WORKING ON TECHNICAL CALLS, TIPS, INFORMATION, RATHER GO WITH RELIABLE MARKET ANALYSTS AND OWN RESEARCH WORK.
FOLLOWING STOCKS LOOK GOOD FOR A PERIOD OF 12-18-24 MONTHS:
1. RALLIS(174.00): STILL UNDERVALUED IN TERMS OF POTENTIALS. MY TARGET IS 500+++ WITH MINIMAL DOWN SIDE RISK. EVERY DIP WILL BE AN OPPORTUNITY TO BUY.
2. ITC(205.10): THIS STOCK WILL MAKE HUGE WEALTH FOR ITS INVESTORS. MY TARGET IS 450++++ IN 18-24 MONTHS.
3. PETRONET LNG(155.90): BUY THIS STOCK FOR AT LEAST 2-3 YEARS PERSPECTIVE. STOCK MAY OUTPERFORM THE MARKET. ANALYSTS PROJECT THE TARGET OF 400+++.
4. L&T(1407.80): THIS STOCK WILL MAKE HUGE WEALTH FOR ITS INVESTORS. MY TARGET IS 4500++ IN 18-24 MONTHS.
5. TITAN IND(218.10) & 6.GITANJALI GEMS(364.65): STILL UNDERVALUED IN TERMS OF POTENTIALS. MY TARGET FOR BOTH IS 500+++ WITH MINIMAL DOWN SIDE RISK. EVERY DIP WILL BE AN OPPORTUNITY TO BUY.
7. CANFIN HOME(97.10): BUY THIS STOCK AND ADD ON EVERY DIP. TARGET IS AROUND 200-250++++ IN 18-24 MONTHS. THIS IS VERY CHEAP STOCK AVAILABLE FUNDAMENTALLY VERY STRONG. MUST BUY IN PORTFOLIO. MINIMAL OR NO DOWN SIDE RISK.
8. SHALIMAR PAINTS(503.65): BUY THIS STOCK TO HOLD FOR AT LEAST 12-18 MONTHS. INVESTORS MAY GAIN HUGE ON THIS STOCK AS IT WILL UNVEIL HUGE VALUE IN TIME TO COME. DON'T FORGET TO PAINT YOUR HOUSE WITH SHALIMAR PAINTS IN THIS FESTIVE SEASON. MY TARGET IS AROUND 1200+++.
9. GUJRAT FLOURO(538.10): BUY THIS STOCK TO NEVER SELL. GOLD MINE!!!!!!!! MAY GIVE HUGE VALUE GOING FORWARD. MY 1ST TARGET IS AROUND 1000++.
10. PILANI INVESTMENT(1700-2000): CURRENTLY LISTED IN DELHI STOCK EXCHANGE, THIS SHARE WILL BE LISTED IN BSE/NSE ON DEEPAVALI MUHURT TRADING AROUND 2500-3000, WHICH MAY SEE HUGE UNLOCK IN VALUE FOR ITS INVESTORS. A BIRLA GROUP COMPANY HAS STRONG FUNDAMENTALS AND MAY FETCH 7500-10000+++ FOR ITS INVESTORS. BUY & HOLD.
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.
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