NIFTY BUY SCENARIO 1: NIFTY BUY ABV 5004 TGT 5013-5023-5037-5051-5062-5074-5086-5096-5107. SL 4967
NIFTY SCENARIO 2: IF NIFTY OPENS MUCH ABOVE THE BUY PRICE THEN WAIT FOR IT TO SCALE TO 5114. THEN BUY FOR TGTS OF 5127-5139-5149-5162-5172-5180.6 SL 5103
NIFTY SELL SCENARIO 1: NIFTY SELL BELOW 5074. TGT 5062-5051-5037-5023-5013-5003-4996-4985-4975-4969 SL 5111
NIFTY SELL SCENARIO 2: IF NIFTY OPENS MUCH BELOW THE ENTRY LEVEL THEN WAIT FOR IT TO SLIP LOWER TO 4962 LEVELS. THEN SELL FOR TARGETS OF 4951-4945-4933-4918-4904-4897.5 SL 4975
DISCLAIMER: PLEASE TRADE AFTER DOING YOUR RESEARCH AND ARRIVING AT CONCLUSIONS THEREAFTER.
THIS IS NOT A SUBSTITUTE FOR PROFESSIONAL INVESTMENT ADVICEIT IS SAFE TO PRESUME THAT I HAVE NO POSITIONS IN THE STOCKS MENTIONED ABOVE
INVESTMENT IN STOCKS ARE SUBJECT TO RISKS DUE TO MARKET FLUCTUATIONS
Wednesday, October 7, 2009
CALLS 07 OCT 09
BUY ESCORTS @ 104.5 TGT 105.5-106.85-107.9-108.8 SL 103.1
BUY EDUCOMP @ 4736.45 TGT 4768-4800-4862.5-4894-4925-5020 SL 4642
BUY HDIL @ 330.75 TGT 332.4-334-337.35-339-340.65-345.6 SL 325.8
DISCLAIMER: PLEASE TRADE AFTER DOING YOUR RESEARCH AND ARRIVING AT CONCLUSIONS THEREAFTER.
THIS IS NOT A SUBSTITUTE FOR PROFESSIONAL INVESTMENT ADVICEIT IS SAFE TO PRESUME THAT I HAVE NO POSITIONS IN THE STOCKS MENTIONED ABOVE
INVESTMENT IN STOCKS ARE SUBJECT TO RISKS DUE TO MARKET FLUCTUATIONS
BUY EDUCOMP @ 4736.45 TGT 4768-4800-4862.5-4894-4925-5020 SL 4642
BUY HDIL @ 330.75 TGT 332.4-334-337.35-339-340.65-345.6 SL 325.8
DISCLAIMER: PLEASE TRADE AFTER DOING YOUR RESEARCH AND ARRIVING AT CONCLUSIONS THEREAFTER.
THIS IS NOT A SUBSTITUTE FOR PROFESSIONAL INVESTMENT ADVICEIT IS SAFE TO PRESUME THAT I HAVE NO POSITIONS IN THE STOCKS MENTIONED ABOVE
INVESTMENT IN STOCKS ARE SUBJECT TO RISKS DUE TO MARKET FLUCTUATIONS
Monday, October 5, 2009
CALLS 06 OCT 09
BUY ABAN @ 1598.4 TGT 1605.35-1612.3-1626.25-1633.25-1640.2-1661 SL 1577.45
BUY ORCHIDCHEM @ 168.2 TGT 169.7-171.2-174.2-175.7-177.2-181.65 SL 163.7
BUY RANBAXY @ 396.75 TGT 398.25-399.8-402.85-404.4-405.95-410.5 SL 392.15
DISCLAIMER: PLEASE TRADE AFTER DOING YOUR RESEARCH AND ARRIVING AT CONCLUSIONS THEREAFTER.THIS IS NOT A SUBSTITUTE FOR PROFESSIONAL INVESTMENT ADVICEIT IS SAFE TO PRESUME THAT I HAVE NO POSITIONS IN THE STOCKS MENTIONED ABOVE
INVESTMENT IN STOCKS ARE SUBJECT TO RISKS DUE TO MARKET FLUCTUATIONS
BUY ORCHIDCHEM @ 168.2 TGT 169.7-171.2-174.2-175.7-177.2-181.65 SL 163.7
BUY RANBAXY @ 396.75 TGT 398.25-399.8-402.85-404.4-405.95-410.5 SL 392.15
DISCLAIMER: PLEASE TRADE AFTER DOING YOUR RESEARCH AND ARRIVING AT CONCLUSIONS THEREAFTER.THIS IS NOT A SUBSTITUTE FOR PROFESSIONAL INVESTMENT ADVICEIT IS SAFE TO PRESUME THAT I HAVE NO POSITIONS IN THE STOCKS MENTIONED ABOVE
INVESTMENT IN STOCKS ARE SUBJECT TO RISKS DUE TO MARKET FLUCTUATIONS
NIFTY CALL 06 OCT 09
BUY NIFTY @ 4992. TGT 4999-5013-5018-5024-5031-5040. IF STAYS ABOVE 5045 FOR 4-5 MINUTES EXTENDED TGTS ARE 5051-5062-5072. SL 4970
SELL NIFTY @ 5024. TGT 5018-5013-5001-4992-4985-4976. IF STAYS BELOW 4970 THEN EXTENDED TGTS ARE 4960-4961-4943 SL 5045
SELL NIFTY @ 5024. TGT 5018-5013-5001-4992-4985-4976. IF STAYS BELOW 4970 THEN EXTENDED TGTS ARE 4960-4961-4943 SL 5045
Sunday, October 4, 2009
CALLS 05 OCT 09
SELL ABAN BELOW 1599 TGTS 1589-1579-1569-1557-1545-1535-1525-1515-1510 SL 1608
BUY ABAN ABOVE 1627.15 TGTS 1635-1642.75-1658.4-1666.25-1674-1697.5 SL 1603.65
SELL EDUCOMP BELOW 4720 TGT 470-4680-4660-4640-4620-4600. IF IT SLIPS BELOW 4600 CONVINCINGLY THEN EXTENDED TGTS ARE 4570-4540 SL 4750
BUY EDUCOMP @ 4830.5 TGT 4863-4895.4-4960.3-4992.75-5025.2-5122.55 SL 4733.15
SELL ROLTA @ 179.75. TGT 177-175-173.25 SL 183
BUY ROLTA @ 186.3 TGT 187.75-189.2-192.1-193.55-195-199.35 SL 181.95
DISCLAIMER: PLEASE TRADE AFTER DOING YOUR RESEARCH AND ARRIVING AT CONCLUSIONS THEREAFTER.
THIS IS NOT A SUBSTITUTE FOR PROFESSIONAL INVESTMENT ADVICE IT IS SAFE TO PRESUME THAT I HAVE NO POSITIONS IN THE STOCKS MENTIONED ABOVE
INVESTMENT IN STOCKS ARE SUBJECT TO RISKS DUE TO MARKET FLUCTUATIONS
BUY ABAN ABOVE 1627.15 TGTS 1635-1642.75-1658.4-1666.25-1674-1697.5 SL 1603.65
SELL EDUCOMP BELOW 4720 TGT 470-4680-4660-4640-4620-4600. IF IT SLIPS BELOW 4600 CONVINCINGLY THEN EXTENDED TGTS ARE 4570-4540 SL 4750
BUY EDUCOMP @ 4830.5 TGT 4863-4895.4-4960.3-4992.75-5025.2-5122.55 SL 4733.15
SELL ROLTA @ 179.75. TGT 177-175-173.25 SL 183
BUY ROLTA @ 186.3 TGT 187.75-189.2-192.1-193.55-195-199.35 SL 181.95
DISCLAIMER: PLEASE TRADE AFTER DOING YOUR RESEARCH AND ARRIVING AT CONCLUSIONS THEREAFTER.
THIS IS NOT A SUBSTITUTE FOR PROFESSIONAL INVESTMENT ADVICE IT IS SAFE TO PRESUME THAT I HAVE NO POSITIONS IN THE STOCKS MENTIONED ABOVE
INVESTMENT IN STOCKS ARE SUBJECT TO RISKS DUE TO MARKET FLUCTUATIONS
IN STOCKS, THE GOOD WORD IS RATIONAL DISCIPLINE NOT OPTIMISM
IN STOCKS, THE GOOD WORD IS RATIONAL DISCIPLINE NOT OPTIMISM
THERE IS S HUGE DISCONNECT IN THE WORLD OF REALITY AND THE WORLD OF STOCKS.
LIFE IS LIVED AS AN ENDLESS SAGA OF OPTIMISM. BUT, THE STOCK MARKETS HAVE TO BE DEALT WITH RATIONALITY AND DISCIPLINE.
MOST OF THE PEOPLE PUT UP EXPECTATIONS EHICH ARE BASED ON INDIVIDUAL HOPES AND PERCEPTIONS AND POSSIBLY THEIR TRADE POSITIONS TOO. THIS CREATES A BIAS IN THE MINDS OF THE READERS.
STATEMENTS LIKE, I EXPECT THE MARKET TO BE HIGHER / LOWER ON THIS DAY …….. HOLD LITTLE WATER AND SANCTITY, UNLESS BACKED BY TECHNICAL ANALYSIS OR SOME IMPORTANT GOVERNMENT POLICIES, ANNOUNCEMENTS OR CORPORATE RESULTS ARE SLATED TO COME IN.
OTHERWISE, IN THIS MARKET PLEASE DO NOT BE BIASED – NEITHER NEGATIVE NOR POSITIVE. THIS WILL ONLY CLOUD THE JUDGEMENT AND SLACKEN YOUR INSTINCT IN GOING IN FOR THE KILL. REMEMBER, NO ONE CSN TIME THE MARKET TO PERFECTION, BUT IF YOU CAN RIDE THE MOVEMENT 80% OF THE RISE OR FALL, BELIEVE ME IT WILL BE CELEBRATION TIME.
THERE IS S HUGE DISCONNECT IN THE WORLD OF REALITY AND THE WORLD OF STOCKS.
LIFE IS LIVED AS AN ENDLESS SAGA OF OPTIMISM. BUT, THE STOCK MARKETS HAVE TO BE DEALT WITH RATIONALITY AND DISCIPLINE.
MOST OF THE PEOPLE PUT UP EXPECTATIONS EHICH ARE BASED ON INDIVIDUAL HOPES AND PERCEPTIONS AND POSSIBLY THEIR TRADE POSITIONS TOO. THIS CREATES A BIAS IN THE MINDS OF THE READERS.
STATEMENTS LIKE, I EXPECT THE MARKET TO BE HIGHER / LOWER ON THIS DAY …….. HOLD LITTLE WATER AND SANCTITY, UNLESS BACKED BY TECHNICAL ANALYSIS OR SOME IMPORTANT GOVERNMENT POLICIES, ANNOUNCEMENTS OR CORPORATE RESULTS ARE SLATED TO COME IN.
OTHERWISE, IN THIS MARKET PLEASE DO NOT BE BIASED – NEITHER NEGATIVE NOR POSITIVE. THIS WILL ONLY CLOUD THE JUDGEMENT AND SLACKEN YOUR INSTINCT IN GOING IN FOR THE KILL. REMEMBER, NO ONE CSN TIME THE MARKET TO PERFECTION, BUT IF YOU CAN RIDE THE MOVEMENT 80% OF THE RISE OR FALL, BELIEVE ME IT WILL BE CELEBRATION TIME.
NIFTY 05 OCT 09,MONDAY
Most of the fund Managers and HNIs’ have started getting very cautious. The exposures are being trimmed and they are not willing to take any fresh positions. While there is no denying that even at the current valuations, there may still be some stock-specific value left, but almost across the board, the valuations are rich in front liners.
With the FIIs continuing to pour in money to the tune of US$ 200-250 million every day, there is also an excited and animated discussion as to whether the market can touch the previous ever high and also create newer highs! With increasing inflows, the FIIs being the mean money machines take into account the fact that if the Indian currency were to appreciate to Rs. 40 to a dollar from the present 48+, even if that were to take between 12-24 months, it would mean a straight 20% gain on the currency alone!
Also, the Mean P/E over the last 10 years has been 17.7 and the standard deviation there on 3.65. So if we were to add the Standard Deviation to the Mean it would sum up to a P/E of 21.35. We are currently trading at a P/E of 22.9. It’s time to get cautious and extremely cautious too. Just keep a very keen eye on the markets and don’t let both, opportunities and profits slip out of your trades.
The good thing is that the Nifty is trading above its 20 Day Moving Average (4880) as well as 40 Day Moving Average 4719 as well as the 20 and 40 Hourly Moving Average. So, on the downside the DMA’s will provide strong support.
But mind you, the USA is doing nothing to make the stock markets a better place to trade in. They have done nothing to resolve the sub-prime crisis – a demon they created and breathed life into. The hunter is now becoming the victim. The jobless data is a real disaster- the highest ever in 22 years The deficit financing US$ 1.45 trillion being adopted by USA will keep the mood buoyant and the economy in an illusionary recovery mode, however, the real despair will come when the magical printed dollars suddenly are unable to perform the prestidigitation anymore.
The rupee appreciated in the last quarter vis-à-vis the dollar only because the imports reduced more than the exports. Imports going down are a sign of a slowing economy. Foreign Funds coming in is a sign of India being a relatively better investment option. But, remember when the FII’s pull the rug beneath our feet, history is a witness to what has happened whenever that happened. So trade cautiously. Just banking on good Q2 results is not a very wise thing to do. In a global village, we might be relatively insulated but when the axe does fall, the feet will bleed and the pain will be felt.
NIFTY FOR MONDAY
NIFTY R-PIVOT IS 4950. IT IS STRONG ABOVE THIS AND WEAK BELOW THIS.
BUY @ 4918. TGT 4930-4947-4954-4962-4972-4984 SL 4896
SELL @ 4962 TGT 4954-4947-4927-4918-4908-4896-4882 SL 4984.
REMEMBER, NEVER BUY WHEN THE NIFTY IS STILL FALLING AND NEVER SELL WHEN THE NIFTY IS STILL RISING. ENTER THE TRADE ONLY WHEN THE NIFTY FINISHES ITS RISE OR FALL AND THEN SETTLES AROUND THE ENTRY PRICE.
With the FIIs continuing to pour in money to the tune of US$ 200-250 million every day, there is also an excited and animated discussion as to whether the market can touch the previous ever high and also create newer highs! With increasing inflows, the FIIs being the mean money machines take into account the fact that if the Indian currency were to appreciate to Rs. 40 to a dollar from the present 48+, even if that were to take between 12-24 months, it would mean a straight 20% gain on the currency alone!
Also, the Mean P/E over the last 10 years has been 17.7 and the standard deviation there on 3.65. So if we were to add the Standard Deviation to the Mean it would sum up to a P/E of 21.35. We are currently trading at a P/E of 22.9. It’s time to get cautious and extremely cautious too. Just keep a very keen eye on the markets and don’t let both, opportunities and profits slip out of your trades.
The good thing is that the Nifty is trading above its 20 Day Moving Average (4880) as well as 40 Day Moving Average 4719 as well as the 20 and 40 Hourly Moving Average. So, on the downside the DMA’s will provide strong support.
But mind you, the USA is doing nothing to make the stock markets a better place to trade in. They have done nothing to resolve the sub-prime crisis – a demon they created and breathed life into. The hunter is now becoming the victim. The jobless data is a real disaster- the highest ever in 22 years The deficit financing US$ 1.45 trillion being adopted by USA will keep the mood buoyant and the economy in an illusionary recovery mode, however, the real despair will come when the magical printed dollars suddenly are unable to perform the prestidigitation anymore.
The rupee appreciated in the last quarter vis-à-vis the dollar only because the imports reduced more than the exports. Imports going down are a sign of a slowing economy. Foreign Funds coming in is a sign of India being a relatively better investment option. But, remember when the FII’s pull the rug beneath our feet, history is a witness to what has happened whenever that happened. So trade cautiously. Just banking on good Q2 results is not a very wise thing to do. In a global village, we might be relatively insulated but when the axe does fall, the feet will bleed and the pain will be felt.
NIFTY FOR MONDAY
NIFTY R-PIVOT IS 4950. IT IS STRONG ABOVE THIS AND WEAK BELOW THIS.
BUY @ 4918. TGT 4930-4947-4954-4962-4972-4984 SL 4896
SELL @ 4962 TGT 4954-4947-4927-4918-4908-4896-4882 SL 4984.
REMEMBER, NEVER BUY WHEN THE NIFTY IS STILL FALLING AND NEVER SELL WHEN THE NIFTY IS STILL RISING. ENTER THE TRADE ONLY WHEN THE NIFTY FINISHES ITS RISE OR FALL AND THEN SETTLES AROUND THE ENTRY PRICE.
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