Friday, May 7, 2010

Update

People who make or loose money always have their own reason for it. Global tremors or meltdown or debt crisis in europe or DOW-Nasdaq-e-Mini's fall - system error or whatever be the reasons for market fall this week close to 5%.  Well financial gurus and punters like Marc Faber, Jim Rogers, etc have been warning us for this correction or fall. As we know no-one could tell us that its going to happen on a given day. We all must have read enough about what's been happening in the last 3-4 days.

Nifty ended @ 5018 with -4.9% down this week  Interesting price action to follow, it needs to be seen if Nifty takes support around 4900 levels or it continues to fall.

4995 - 4953 - 4918 - 4825 - 4674 are important levels to watch for

5118 - 5147 - 5195 - 5205 could prove to be stiff resistance on the upside.

DISCLAIMER:
----------------
ALL INFORMATION PROVIDED HERE IS FOR EDUCATIONAL PURPOSE ONLY.
ANY TRADES PLACED UPON RELIANCE ARE TAKEN AT YOUR OWN RISK FOR YOUR OWN ACCOUNT. WHILE THERE IS GREAT POTENTIAL FOR REWARD TRADING STOCKS, FUTURES OR COMMODITY FUTURES, THERE IS ALSO SUBSTANTIAL RISK OF LOSS IN ALL TRADING. YOU MUST DECIDE YOUR OWN SUITABILITY TO TRADE OR NOT. FUTURES RESULTS CAN NEVER BE GUARANTEED. THIS IS NOT AN OFFER TO BUY OR SELL STOCKS OR FUTURES OR COMMODITY INTERESTS.

Sunday, April 11, 2010

week ahead

I hold my view posted on April, 1st. in near short to medium trend.
Nifty closed over 5350 levels. Interesting week ahead, 5324... 5254... 5049... are important levels to watch.
most of the activity could be based on global cues with europe specifically holding key w.r.t Greek bail out.

stock picks
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PBA Infrastructure (nse) - buy between 92-100 stop loss 84 Target 125
Gulf Oil (nse) - buy between 84-95 levels stop loss 78 Target 105-110


Kisan Mouldings - buy between 70-85 levels stop loss 61 Target 96-124
WH Brady (bse) - buy between 150-158 levels stop loss 140 Target 170-184-220
SAMKRG Pistons & Rings (bse) - buy CMP stop loss 64 Target 84-99

please read-note : all stock picks are for short-medium time frame

DISCLAIMER:


~~~~~~~~~~~

ALL INFORMATION PROVIDED HERE IS FOR EDUCATIONAL PURPOSED ONLY.

ANY TRADES PLACED UPON RELIANCE ARE TAKEN AT YOUR OWN RISK FOR YOUR OWN ACCOUNT. WHILE THERE IS GREAT POTENTIAL FOR REWARD TRADING STOCKS,FUTURES OR COMMODITY FUTURES, THERE IS ALSO SUBSTANTIAL RISK OF LOSS IN ALL TRADING. YOU MUST DECIDE YOUR OWN SUITABILITY TO TRADE OR NOT. FUTURES RESULTS CAN NEVER BE GUARANTEED. THIS IS NOT AN OFFER TO BUY OR SELL STOCKS OR FUTURES OR COMMODITY INTERESTS.

Thursday, April 1, 2010

short-term trend --- all global indices are near 18-month high seems to have recovered from deep-lows of late 2008. Ofcourse we have come a long-way too, we all keep reading in websites,blogs and all over inspite of weak macro-economics; micros are positive. Having said and observed all these factors, trying to project How our markets would do, in April -1st month of new quarter head in new FY ahead?

Nifty on breaching 5176 could take support at 5083; In case of high-selling pressures at these levels
Nifty can easily test 5003 and all the way to 4927 levels.

contrarian-view is 5380-90 levels.

happy trading...
keep checking for more updates and also short-term stock picks

DISCLAIMER:
~~~~~~~~~~~
ALL INFORMATION PROVIDED HERE IS FOR EDUCATIONAL PURPOSED ONLY.
ANY TRADES PLACED UPON RELIANCE ARE TAKEN AT YOUR OWN RISK FOR YOUR OWN ACCOUNT. WHILE THERE IS GREAT POTENTIAL FOR REWARD TRADING STOCKS,FUTURES OR COMMODITY FUTURES, THERE IS ALSO SUBSTANTIAL RISK OF LOSS IN ALL TRADING. YOU MUST DECIDE YOUR OWN SUITABILITY TO TRADE OR NOT. FUTURES RESULTS CAN NEVER BE GUARANTEED. THIS IS NOT AN OFFER TO BUY OR SELL FUTURES OR COMMODITY INTERESTS.

Thursday, March 25, 2010

**** Use this in life ****
TALK- Softly; Walk-Humbly; Eat-sensibly; Breathe-Deeply; Sleep-sufficiently; Dress-Smartly; Act-Fearlessly; Work-Patiently; Think-Truthfully;Believe-Correctly; Behave-Decently;Learn-Practically; Plan-Orderly; Earn-Honestly; Save- Regularly; Spend-Intelligently;
Love-Passionately & Enjoy COMPLETELY.
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DEVELOPED INDIA
We live in a nation where Rice is Rs40/kg and SIM Card is free;
Pizza reaches home faster than Ambulance & Police;
Car loan @ 5% but education loan @ 12%
Assembly complex buildings are getting ready within a year while Public Transport bridges alone takes several years to be completed.
Incredible India!!! Isn't it?
We easily forget Dec 2001-Delhi; Nov 2008- Bombay?
Families affected during communal clashes of Dec 1992 & Feb 2002 remember what they have been thro'...

http://www.outlookindia.com/article.aspx?232979
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Usage of plastic spoils around 4.8 acres of land every day.

If this continues the waste plastic will occupy WHOLE of india just in 23 years.
Please use banana leaf to eat, Jute bag while purchasing to carry stuff
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