Intraday Calls

Re: intra-19 aug

Some Signs Of Speculation Are Appearing .all The Positive Formations R Beign Denied Any Move Although Stoplosses R Holding Good There Is Selling And Buying At The Pripheries Of The Stoplosses So That Is Not Dangerous.although I Cannot Claim Myself To Be A Master Of Technicals But While I Was Going Through The Charts Of The Movers And Toptraded There Were Definite Signs Of Speculation.all Moves Defied Logic.this Really Makes Me Worried.the Gdr\adr Calender Is Very Busy.these R Not Good Signs.i Do Not Want To B A Party Spoiler But I Would Like To Remind That The Present Govt Has Completely Backtracked Itself On The Reforms.thereafter Populist Measures Such As "employ. Guarantee" R Beign Initiated.the Past Has Been A Witness To These Ineffective Laws And What Has Been The Efeect Of These On Economy.30000-40000crore Per Year Will B Drained .infrastructure Is Virtually On Hold.i Realised That During My Visit.the Multiplier Effect Of Inf.will Only Last Upto 2006-07.thereafter Slowdown Will Be Inevitable.so Better Thing Is To B Very Cautious And Pick Up Only Tghose Stocks Which Will Not B Impacted By The Policies And Whose Business Volumes R Increasing
 
Re: intra-19 aug

creameeee said:
buy hind motor
cmp-48.2
tgt-50/51
stop-46.8

buy gdl
cmp-200.5
tgt-206
stop-197
IF U GO THROUGH THE STOPLOSSES THEY HELD GOD AND WERE NOT BREACHED AT ANY TIME DURING THE SESSION.THAT SHOWS THAT STRUCTURE WAS WELL INTERPRETED YET THE MOVE BAFFLES ME.
 
Re: intra-19 aug

Good work creameee, the markets are truly witnessing signs of a slowdown.

I am not being pessimistic but there should be a correction for the market's healthy movement.

I do not see any analysis in the market trend, and people speaking of stock consolidation at current levels are fussing....there is no volume in the markets.

I would suggest caution at current levels. No rise in oil price will drain the current markets neither FII investment will make smart gains.

Examples of Decccan Chr. and VSNL are noteworthy.
(Dec Chr and VSNL had good institutional buying yesterday)

Do look at the above stories.
 
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