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Showing posts from January 5, 2016

Kaveri Seed Company

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This is one more solid macro Opinion for a  big Target completed now. Once again it remind, Up or Down , levels will workout well , when we understand the undercurrent.




KSCL (387.35) - Posted on 29th June 2015 as "Bottom out target 735---675

But in case trade and stays below that 
down side target 440---310


After this post, It broken the mentioned support of 735-675 on 12th Aug. 2015 ,when it was closed at 668.80, from their, fall aggravated and mentioned bottom target of 310 attacked on 30th Dec. 2015 ,when it was made low 303.65 and closed at 317.95 on that date.  From there, now  bounce back is going on, as on today it made high 390.95.



So from the mentioned break down low point of  675 to mentioned  target low point of 310 , fall of 55 % , was happened with in 4 months time frame. 



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What next ? 

Hindustan Petroleum Corporation

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Big Sensex rally in 2016 unrealistic - said By Saurabh Mukherjea

The rally that began in the Indian market when Raghuram Rajan took charge of the Reserve Bank of India (RBI) in September 2013 lasted until March when the Sensex hit 30,000 points. The first 12 months of this rally were largely driven by foreign institutional investors (FIIs) as they loaded up on India in the run-up to the 2014 general election and for a few months thereafter. However, by the early months of 2015, FII equity inflows began to peter out as corporate earnings growth stagnated.

The last time corporate India produced such dismal earnings growth was during the 2008 financial crisis. Today, in spite of poor corporate earnings, share prices have broadly held up, thanks to retail investors' optimism. To put things into perspective, since May, FIIs have sold local equities worth Rs 45,700 crore, whereas domestic institutional investors have bought stocks worth Rs 51,900 crore as of November. So, what's going on? Why are FIIs losing their enthusiasm for Indian equities eve…