30/11/2012
19/11/2012 Monday
Hi all,
Direct effect
Rally in US markets and in particular S&P 500 levels are 1365, 1370-75 and last 1382-85 and further rally above 1385 will see S&P 500 trading between 1402-1410.
Above 5586 the levels are 5596, 5605, 5625, 5665 and the list goes on...
Below 5586 the levels are 5565, 5548 and 5510 and the trend should stop here.
Today 30/11/2012 S&P is at 1415
02/11/2012 Friday
Hi all,
On 04/11/2012 Sunday HP is going to polls for assembly elections.
2007 polls results
BJP won 41 seats
Congress won 23 seats
2012 exit polls
- Congress to maintains the above score and if the tally goes up inspite of all the negativity surrounding Congress then most of the scenario changes.
- If Congress cannot maintain 23 seats then it will have a negative effect on the market.
The rally might be on the basis of the 1st scenario of exit polls.
Either one will happen but going by the anti-Congress-sentiments,
the rally could be a bull trap if Congress losses the HP election.
Additions in HP Exit Polls
BJP is slated to win HP assembly by a clear majority of required 35 seats to win but they may not be able to match their previous tally of 41 and its here that Congress should gain.
If the above happens and Congress does improves it's tally of more than 23 still happens to be a good sign for Congress that all is not lost for Congress.
Bye
Counting of votes will be on 20 Dec 2012
31/10/2012 Wednesday
Hi all,
Either one of the two will happen
- NF takes support of 5626 levels and rallies for 5938-6000+ targets OR
- NF takes support of 5540 levels and then rallies for the above targets
Let's see what happens first "Fall or Rally"
Bye
Hi all,
NF rallied from 5555 thereby missing our 5540 target by 15 points. The details were already given a month in advance and the market has followed it almost perfectly.
And now it's time to book profit which I am engaged into.
No matter what the Congress says about FDI, Insurance, Aviation etc or no matter how many bills are pending in the Parliament, the Assembly Election Results will signal the direction for the trend in the time to come and infact has the strength to change the game.
The Carrot knows as
"Interest Rate Cut" will be used by both bulls and bears to settle their scores, and since we are the cunning foxes, we will never miss to take (sometimes more) than their share while they (Bulls / Bears) fight between themselves.
The targets that I have calculated are 6216, 6166, 6122, 6065, 6000, 5960, 5945, 5938, 5922, 5915 NF will reverse from any one the them
But out of the above I'll go for any level between 5939-6000 as stated.
Go for 6094 when NF sustains above 6016
Time Wise
Probable days in which W5 could complete is 27 and the date is 27/12/2012
Bye