WEEKLY UPDATE 13TH DEC TO 17TH DEC 2010

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

GREAT MISTAKE WHICH MOST OF US DO:

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


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




STOP ALL THE HAZARDS AGAINST YOURSELF AND 


STICK TO THE FUNDAMENTAL PRINCIPLES OF 


INVESTMENT.






KEEP INVESTING, KEEP INVESTING AND KEEP ON




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


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




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


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


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


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


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


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


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


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


THERE IS 30% CHANCE THAT I MAY GO WRONG.




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


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


SCRIPT SPECIFIC). ONE SHOULD BE BUYER IN THIS 


MARKET AND FORGET THE SHARP FALL AND 


DESTRUCTION ANY MORE

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

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

WHY NO UPDATE FOR TODAY

NO UPDATE WAS GIVEN TODAY AS THERE WAS CARNAGE IN THE MARKET YESTERDAY.


READERS AND FOLLOWERS SHOULD BE AWARE THAT MARKET IS VERY UNSTABLE  UNCERTAIN AND RISKIER THAN NORMAL DAYS.


IN SUCH SCENARIO WHERE THERE IS LOT OF RUMORS & PANIC, ITS WISE TO SIT ASIDE AND WAIT & WATCH.


THE BLOG WILL BE UPDATED ON SATURDAY 11TH DECEMBER 2010 TOMORROW WITH LATEST NEWS, INFORMATION AND 


"WILL IT BE WISE TO INVEST NOW?" 


SO BE IN TOUCH AND HAVE PEACEFUL WEEKEND AS THERES LOT OF GOOD NEWS TO BE SHARED


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.

UPDATE FOR 9TH DECEMBER 2010 AFTERNOON

THERE SHOULD BE WAIT & WATCH OUTLOOK FOR NIFTY.

APPROACH SHOULD BE CAUTIOUS IN NEAR TERM AS THERE IS CASH BASED SELLING BY FIIs

NO STOCKS TO BUY FOR NOW

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. 

UPDATE FOR 9TH DECEMBER 2010

NIFTY WILL OPEN FLAT TO SLIGHTLY POSITIVE TODAY.


5950-5960 MAY BE THE HIGHER LIMIT & 5840-5820-5800 IS THE LOWER LIMIT FOR TODAY


ASTROLOGICALLY FIRST HALF SEEMS TO BE SLIGHTLY BULLISH BUT THE SECOND HALF SHOULD BE LOWER. THERE IS 40% CHANCE THAT I MAY GO WRONG.


BUYING WILL BE ADVISED IN THE EVENING WHEN THE MARKET GOES TO LOWER LEVEL 5840 OR BELOW AS TOMORROW 10TH DECEMBER, FRIDAY SEEMS TO BE BULLISH. HENCE BTST BUYING MAY BE FAVORABLE TODAY.


ONE SHOULD NOT GO FOR TRADING TODAY, AS THE VOLATILITY.


THERE MAY BE  NO SIGNIFICANT CUT AFTER TODAY.


NO STOCKS FOR NOW BUT UPDATE WILL COME SURELY AT THE END OF THE DAY



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. 

UPDATE FOR 8TH DECEMBER 2010

THE US MARKET ( DOW JONES INDUSTRIAL INDEX) HAS FORMED DOUBLE TOP AROUND 11450 AND CLOSED BELOW THIS LEVEL WHICH INDICATES SOME WORRY AND TIREDNESS IN THE MARKET.NEWS OF  PROBE IN A SCAM  BROUGHT THE DOW JONES DOWN EVEN AFTER IT WAS HIGHER DURING THE DAY. HENCE DOW JONES GAVE NO CLEAR AND UP SWING INDICATION FOR GLOBAL MARKETS TODAY.

NIFTY RECOVERED FROM THE LOWER LEVELS YESTERDAY AND RECOVERY SEEMS WEAK AND MIGHT ATTRACT SHORT SELLERS IF INDICES FAIL TO BREAK AND SUSTAIN ABOVE 6020 & 20080 LEVELS DURING THE DAY.

INITIALLY NIFTY(SPOT) MAY REMAIN RANGE BOUND BETWEEN 5960-6020. HOWEVER IF NIFTY FAILS TO HOLD ABOVE 5960-5980 MAY RESULT IN FALL TO 5880-5900 AND IF NIFTY MOVES AND HOLD ABOVE 5980-6000 MAY RESULT IN 6020 AND ABOVE IT 6050-70.

ASTROLOGICALLY MARKET SHALL BE SLUGGISH & SLIGHTLY BULLISH IN 1ST HALF THAN 2ND HALF.

STOCKS TO WATCH TODAY FOR TODAY:

BULLISH:  ACC, GAIL, GSPL, JISJAL, JSWSTEEL, LT, PETRONET & SUN PHARMA.

BEARISH:  ABGSHIP, CROMPGREAV, KFA, KTK BANK & MCLOEDRUSSEL


DONT TRADE TOO MUCH IN INTRADAY HOLD ALL DELIVERIES
.

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.