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Showing posts from January, 2016

NIFTY - Understand the undercurrent.

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Cosmo Films

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COSMOFILMS (312.70) -  Posted on 05th Aug. 2015 as "Hurdle 174--194
But above that 
ULTIMATE UPSIDE TARGET  320--340" 

After this post, On 06th Oct 2015 it closed above the mentioned hurdle of 174-194 (that day, closed at 203.40) ,from their it went up to 318 on 06th Jan & after a correction once again yesterday it made high 321.90 .

that means mentioned target of 320-340 attacked. 

***

Now what next ? 

so now top out is 320--340

if not broken then once again down side support 230-220 


But in case now trade and stays above

NIFTY 50 USD -- FII/FPI point of view

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All time high made in January 2008. It remains so, even after 8 years.





Adani Ports and Special Economic Zone

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ADANIPORTS (295) - Hope & support 288--278 but below that down side target 205-195 pic.twitter.com/QTNC1PLR7H — Murugavel (@murugavell) November 2, 2015






Below chart explain its movements (click the chart to get the zoom view)






Aurobindo Pharma

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AUROPHARMA (811) -  Favorite stock since April 2013 on wards, that time, it was trading around 190 [cum bonus]  . almost in the three years period, it moved up 891 [ex bonus] that means, up by almost 10 X. 

***

Posted on 26th Oct. as "Now marching towards 1000-1020 before that face resist at 832-852  & 877-897"


After this post it went up to 891.50 on 30th Dec. (mentioned in between resist at 877-897) and now at 811.

***
Now what is in ? 
Support 780--765
If hold above, up trend intact and  already mentioned all upside targets are remain same.

***
But in case trade and stays below 780-765
then the down side target and   support exists at 675--655




Jet Airways (India)

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JETAIRWAYS  (658)  Posted on 23rd Dec.2015 as "Immediate support exists at 613--593 and above that  marching towards 647 & 687
But above that ready for another mega up move 
 upside targets 820--840 ,  915--935 
and ULTIMATE UPSIDE TARGET 1160--1180"




***
After this post, on 28th Dec it came down to 602  (mentioned support 613-593) , from their, it moved up and  made high 796 on 13th Jan (mentioned first target 820-840) but not met the mentioned target , from their corrected up to 608.30 on 18th Jan (once again took support at mentioned support level of 613-593  only)

***
It seem this year low was already made at 608 on 18th Jan.

So unless break and CLOSE below 610--590 Uptrend is intact. 

Now the upside targets are slightly modified due to recent price movement.
ULTIMATE UPSIDE TARGET - 1160--1180 
with in between resist at  830-850 , 925--945 & 1045--1065
***
Below chart explain even better (click the chart to get the zoom view)



BF Utilities

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BFUTILITIE (510) -  Now the meaningful support exists around 450--430.






Tata Elxsi

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TATAELXSI (1713)-  So for, low was arrested at 1636 and consolidating in the last three days. 
so now last hope and support 1660-1630
If stays above that 
Pull back  target 1850-1880  & 1990-2020
***
But in case trade and stays below 1660-1630
next in down side 1380-1350
and  below that 
ULTIMATE DOWN SIDE TARGET 1030--970

***
Note : It seems major rally was over in this stock last year itself, so this year it is going to be give time correction but with wide swing. Lot of wide trading swing will be there and  will not be any meaningful rally unless major development in the company side.









What legacy will we create ?

MACRO LEVELS OF SOME PRIVATE BANKS

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Almost all the listed PSU Banks Macro Levels were posted here on
10th Dec.2015  SOME MACRO LEVELS OF PSU BANKS - PART 1

 and 11th Dec.2015 SOME MACRO LEVELS OF PSU BANKS - PART 2



Out of it, in the last one month, some banks were already met the mentioned macro levels and some are on the way to meet the mentioned macro levels. 

Now it is time to see the macro levels of  some of listed Private Banks.



***


AXISBANK (374) Already posted on 13th Aug 2015 itself "below 515-505 down side target 400-380,

but yesterday ,it closed even below that also.
Now what next ? 

Now, below 400-380
 next in down side 336--303
and worst case 270--260


***

HDFCBANK  (1042) - Below 1040 next in down side 986---943
But below that 
 ultimate down side 770-750
with in between  support at 865-850.

***

HDFC (1150) -
Last hope and support 1150--1090

But below that 950-920 & 845-825

***

ICICIBANK (224) - Below 245-255 next in down side 190--180
But below that 140--125.
***

INDUSINDBK (921) Below 925-940
next in down side  866-851 &am…

Saregama India

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SAREGAMA (314) - Hope and support 330-300
But trade and stays below that 
Ultimate Downside Target 192--182









NIFTY

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Cantabil Retail India

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CANTABIL (70) -  After almost 9 months consolidation , now the price movement shows next round of operation is getting ready for another up move.
Now resistance 77--83
but thereafter  
potential upside  102--114

***
Rs.115 Cr. Mar. Cap. company. 
Is it real turn around story ? or  Exploiting the recent micro cap. craziness !
***
Came out IPO and collected 105 Cr in Oct. 2010 (issue price 135) until then showed profit but after wards in another three years (between 2011-12 to 2013-14) showed or incurred loss of 67 Cr. and last year showed some profit.
During this period, price came down from 125 to 15 , hovering around this price until 2014 first quarter and now at  70+
*** Below chart explain even better  (click the chart to get the zoom view)


***
Note : Each and every stock movement will have  some kind of beautiful or ugly story behind it. Understand the undercurrent. Always, Price is the Prime.





Nilkamal

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NILKAMAL (1547) - 
 It seems time being top out  1560-1590
and expect decent correction.




INVESTORS & TRADERS

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Wisdom  for the Investors :


If you don't study any companies, you have the same success buying stocks as you do in a poker game if you bet without looking at your cards.
- Peter Lynch





and wisdom for the Traders:


"If you don't study technical set up of any stocks, you have the same success trading stocks as you do in a poker game if you bet without looking at your cards."









An investor is usually a “buy and hold” types. He lives on hope. He buys a security and hopes that the price will go up. He does his “fundamental analysis” (whatever little that he does)and falls in love with his/her investment. Even when the price of security is going down, he doesn’t believe in selling it because he is convinced about his analysis. He doesn’t believe in timing the market but a strong believer in “valuation” and “growth” of companies whose securities he owns. If his analysis turns out to be true, he makes money in the “long term”. Otherwise, he ends up losing badly. A Trader is usually an…

Tata Elxsi

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TATAELXSI (2024) - Yesterday post follow up.
It seems , as said yesterday, supported at 2000-1970  (Yesterday low was 1975)
***
Below chart explain even better click the chart to get the zoom view. 




All the levels are remain same and intact.


Tata Elxsi

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TATAELXSI (2052) - Posted on 23rd Dec. 2015 as " target and resist of 2315-2370"  click this link, can get the full details.



As posted, on the posted date itself , it went up and resisted at  2330 , from their, fall started, as on last Friday it made low 2039.  (that means, fall of Rs.291 within 11 days)
***
Now what next ? 
Support 2000-1970
But below that next support exists at  1860--1820

***  Below chart explain even better click the chart to get the zoom view. 






THE WISDOM OF THE GURUS

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The above picture is worth a thousand words so this one should be priceless since it has some amazing insight and wisdom.
 Now, appraise yourself  "Where you are ?"




*****

Why most people not able to makebig money in the stock market? Your quest for the Holy Grail ends here. The answer had always been there, only it had to be put in the right context. It is there in the words of the gurus of stock investing. Here is a short compilation of the wisdom of the gurus which will reveal to you the secret of winning in the stock market.
1.Failing to appreciate what common stocks are Although it's easy to forget sometimes, a share is not a lottery ticket... it's part-ownership of a business.
- Peter Lynch
Behind every stock is a company. Find out what it's doing.
- Peter Lynch
2.Not studying the business before investing in the stock Know what you own, and know why you own it.
- Peter Lynch
If you don't study any companies, you have the same success buying stocks as you do in a…