Stocks To Keep A Close Eye On

aimer · Nov 1, 2009

OFF TOPIC
Moderators, i am posting offtopic...if u feel it is out of please plz do delete it...
it is from an astrological group from where i have copied...none of the posted content is mine...

"Will Indian Stock Market Bombay Stock Exchange BSE National Stock Exchange NSE Recover from current levels during November 2009 ? Indian Stock Market NSE and BSE both are gradually going down and down, make new low on closing of the Each days, its begin from Diwali Mahurat Treading Session. Many Investors asking to me that What do you think about market? Will the markets touch 12,000? From which date we can start buying or Make position in market ? Or do you feel any unfounded fear ?

Will Indian Stock Market - Bombay Stock Exchange - BSE, National Stock Exchange - NSE Recover from current levels during November 2009 ?

Astrology18 Group has given prediction that Market is likely to recover after third Week of November 2009, so Investor need not to worry, Market will cross 17,000 again.

Transiting Sun will transit from Scorpio sign and will be in Separating aspect with Transiting Saturn. Transiting Venus will occupy Libra sign, indicates Market may remain volatile. Market may touch both extreme, so be careful between 2nd November 2009 and 25th November 2009. November will be testing month for Market. Some Good News and More Sad News may effect the sentimental of Market.

Astrology18 Group personally advice to all Visitor of our site and blog, do not make any long term position up to 25th November 2009. However, Investor may get change to make position on Monday 2nd November and Exit on 5th November 2009, It would be good day for Market, you are likely to get some profit, it may also help you to recover your money, after 5th November 2009 to 25th November 2009, Investor should be more careful and cautious. Market may go more down during these days.

Power of Astrological calculation says that Indian Stock Market will see new high or Market may go up and cross over 17,000 between 26th November 2009 and 14th December 2009."

its like doobtee ko tinke ka sahara

Mangafreakz · Nov 1, 2009

@GuluGulu
http://www.traderji.com/equities/28123-virtual-stock-exchange-india.html#post300650

yogi1969 · Nov 1, 2009

hi

if astrologers wud hv predict the future of the market correctly then they wud hv been gurus of the market
y anybody will take pain in studying what we are learning here.

what i know till now is that market will give opportunites to everyone its upto us how n when we grab it

aditya14 · Nov 1, 2009

SavantGarde said:

I have 1 query Savant sir, what iam thinking is to go towards Day trading as it seems to be lucky for me lately.Now do you think daytrading is a donkey job with not much gains and i shud stick to options which i know quite a bit of.Or dive into daytrading.Iam currently beginner level when it comes to reading charts.

aimer · Nov 1, 2009

GG , hope to be good news for us....
just go through the following ....

Market out look for 3 Nov 2009
NIFTY(4711)-
As apprehended in our last report Nifty could not sustain
at the higher in spite of strong positive global clues. Indian
market has diverged from Global market for its internal weakness
which may have been aggravated by approaching long week end.
The levels of 4670 was almost reached we may touch that on
Tuesday next, and then hopefully find some bounce. The benchmark
has a tough task so far as upside is concerned;4750,4789 and 4813 will
be near term hurdle, closing above 4820 only Nifty can rise till 4920.
Market is in a juncture where adding to/creating long positions is risky and since it has already lost 9% shorting can be equally dangerous. Best approach
can be to wait for some stability and take position.

aimer · Nov 2, 2009

Friends , one more to ease our nerves...
Mkts end wk with over 5% cuts, experts see a rebound on Tue
Markets this week:
The Sensex and Nifty are down 5.3% and 5.5% respectively. From the index pack, Suzlon, DLF, and Unitech are down 21%, 18.5%, and 16.5%, while Tata Motors and Ranbaxy are up 7.5% and 4.5%.

The CNX Midcap Index and BSE Smallcap Index are down 5.7% and 8% respectively. All BSE sectoral indices have ended the week in the red, with the BSE Metals Index seeing the highest decline of 10%.

There seems to be no respite for telecom stocks. They had got a drubbing for the past two weeks on fears that a tariff war could further erode margins. Today, dismal Q2 performance by Bharti and a delay in spectrum allocation seems to have further weighed on sentiment. Reliance Communications, Tata Communications, and Bharti are down 23.5%, 16.5%, and 11% respectively.

In the last ten trading sessions, the markets have declined in nine trading sessions. Dipan Mehta, Member, BSE and NSE, says the speed with which the market is correcting is quite disappointing. "We all claim to be in a new bull market, and yet out of the last ten, nine sessions have been negative. It has a lot to do with some of the local factors as well as the credit policy. We have seen a string of disappointing results because of which the enthusiasm has got marred a bit at this point in time. It is not just global factors which we should be attributing this to. There are challenges locally. The earnings season has been disappointing."

Seconding Mehta, Technical Analyst Mitesh Thacker feels the markets are extremely oversold. "We have sold more than 270 or 300 points over the last few days."

Technical Analyst Ashwani Gujral too views it as an intermediate correction. "This does not seem to be a small correction. It looks like a May 2006 type correction that may take about four weeks to play out. This may have more on the downside."

Strategies to adopt for next week:

Gujral feels the markets will touch new highs and advises investors to buy. "We still believe we will go to fresh highs and targets of 5,700-5,800 will come on the Nifty. It is a good time to invest but don't take leverage positions because the market are not showing strength currently. This 4650-4600-4550-4700 area is a huge congestion zone. There is a good chance that we may find support here, but people should not be over leveraged that they can’t survive a couple of hundred points more of downside. We still believe that finally the uptrend will start."

Mehta and Thacker too see a short-term bounce on Tuesday. Thacker expects a bounce back of around 150-200 points. However, Mehta was quick to add the markets could trade lower from these levels post the rebound. "But there are few sectors where one can build conviction and buy for the medium- to long-term."

However, Investment Analyst R Balakrishnan says he wouldn’t be buying into this rally if there is one. "After a fall of nearly 1,000 points on the Sensex, there could be some technical rebounds. But valuations are also not very cheap. So, the markets could drift sideways drift for sometime."

Balakrishnan says investors should place their bets on underperformers rather than the ones which have delivered fantastic results. "The trend should probably correct itself with the underperformers catching up. That should happen over the next quarter."

How did Q2 earnings pan out?

Balakrishnan says the happy numbers were from banks. "But among public sector banks, you had some problem accounts. Fast moving consumer goods have done well. Autos have seen a stunning performance whether it was Mahindra & Mahindra, Maruti Suzuki, or Hero Honda. Pharmaceutical was a middling kind of a thing. The disappointments came from the capital goods, infrastructure which were not related to consumer spending."

aditya14 · Nov 2, 2009

danav2005 said:

Friends , one more to ease our nerves...
Mkts end wk with over 5% cuts, experts see a rebound on Tue
Markets this week:
The Sensex and Nifty are down 5.3% and 5.5% respectively. From the index pack, Suzlon, DLF, and Unitech are down 21%, 18.5%, and 16.5%, while Tata Motors and Ranbaxy are up 7.5% and 4.5%.

The CNX Midcap Index and BSE Smallcap Index are down 5.7% and 8% respectively. All BSE sectoral indices have ended the week in the red, with the BSE Metals Index seeing the highest decline of 10%.

There seems to be no respite for telecom stocks. They had got a drubbing for the past two weeks on fears that a tariff war could further erode margins. Today, dismal Q2 performance by Bharti and a delay in spectrum allocation seems to have further weighed on sentiment. Reliance Communications, Tata Communications, and Bharti are down 23.5%, 16.5%, and 11% respectively.

In the last ten trading sessions, the markets have declined in nine trading sessions. Dipan Mehta, Member, BSE and NSE, says the speed with which the market is correcting is quite disappointing. "We all claim to be in a new bull market, and yet out of the last ten, nine sessions have been negative. It has a lot to do with some of the local factors as well as the credit policy. We have seen a string of disappointing results because of which the enthusiasm has got marred a bit at this point in time. It is not just global factors which we should be attributing this to. There are challenges locally. The earnings season has been disappointing."

Seconding Mehta, Technical Analyst Mitesh Thacker feels the markets are extremely oversold. "We have sold more than 270 or 300 points over the last few days."

Technical Analyst Ashwani Gujral too views it as an intermediate correction. "This does not seem to be a small correction. It looks like a May 2006 type correction that may take about four weeks to play out. This may have more on the downside."

Strategies to adopt for next week:

Gujral feels the markets will touch new highs and advises investors to buy. "We still believe we will go to fresh highs and targets of 5,700-5,800 will come on the Nifty. It is a good time to invest but don't take leverage positions because the market are not showing strength currently. This 4650-4600-4550-4700 area is a huge congestion zone. There is a good chance that we may find support here, but people should not be over leveraged that they cant survive a couple of hundred points more of downside. We still believe that finally the uptrend will start."

Mehta and Thacker too see a short-term bounce on Tuesday. Thacker expects a bounce back of around 150-200 points. However, Mehta was quick to add the markets could trade lower from these levels post the rebound. "But there are few sectors where one can build conviction and buy for the medium- to long-term."

However, Investment Analyst R Balakrishnan says he wouldnt be buying into this rally if there is one. "After a fall of nearly 1,000 points on the Sensex, there could be some technical rebounds. But valuations are also not very cheap. So, the markets could drift sideways drift for sometime."

Balakrishnan says investors should place their bets on underperformers rather than the ones which have delivered fantastic results. "The trend should probably correct itself with the underperformers catching up. That should happen over the next quarter."

How did Q2 earnings pan out?

Balakrishnan says the happy numbers were from banks. "But among public sector banks, you had some problem accounts. Fast moving consumer goods have done well. Autos have seen a stunning performance whether it was Mahindra & Mahindra, Maruti Suzuki, or Hero Honda. Pharmaceutical was a middling kind of a thing. The disappointments came from the capital goods, infrastructure which were not related to consumer spending."

Ahmmm why would we see a bounce.I mean just thinking that markets fell quick so they should go up is ludicrous.Btw we have went up from 2400 Nifty to 5200 and same could happen reverse.Market always surprises so when all see a bounce back market may do the opposite.When all start seeing new highs we may see something else.

SavantGarde · Nov 2, 2009

Hi Aditya,

I Am Surprised....At Your Query...Considering You Are Primarily An Options Player......You Should Know Better....That Options Rewards Are Far Better In A Volatile Market....Like The One We Have Been Witnessing...
Even On Intraday Basis If You Just Concentrate On A Couple...Of Them...You Could Do Much Better Than Trading Stocks.....Keeping An Eye On The Underlying....

If You Are At Early Stages Of Chart Reading....Then I Suggest You Follow 5 Min. Chart With 20 MA & BB 9,2 Plot...Keep The Candlesticks As Bars

Simpe Strategy To With Above Plot On The Charts Is As Follows:

For 20 MA If The Bar Closes Below 20 MA Then Go Short & Once In Profit Keep Trailing With The High Of The Previous Bar Or Keeping The High Of The Bar As S/L That You Have Gone Short...Similarly You Can Do For Longs.

If You See Lower BB Pierced Then Go Long Where Your Normal Exit & SAR Would Be At Upper BB Being Pierced...Or In The Event It Doesnt Reach The Upper BB Then Your Exit/SL Woul Be On Completion Of 2 Consecutive Red Candles....Similarly It Would Be Opposite If You Have Gone Short On Upper BB Piercing & Lower BB Being Exit & Reverse, Incase Lower BB Is Not Reached Your Exit/SL Would Be On Completion Of 2 Consecutive Green Candles.

Try & Observe This For A Day & See If You Can Build Up Some Faith In The Strategy Before You Put Your Money Into It.

Above Strategy Is An Active Intraday Strategy.

Happy & Safer Trading

SavantGarde

aditya14 said:

pvs · Nov 2, 2009

Sir,
how is Tata motors,
5,6 SMA crossover indicate a buy signal,
can we enter at this level??? r do we have to wait for nifty to make an U turn?
Also is it wish to hold on 5,6 SMA alone as a strategy.

Am new to this Technical analysis and jus learning things here in this forum.

pvs · Nov 2, 2009

i was to mean, is it wise to hold on 5,6 SMA alone as a Strategy...

Thread starter	Similar threads	Forum	Replies	Date
	to keep record of stocks i will be following	Members Discussion Forums	5	Sep 25, 2013
N	Stocks To Keep A Close Eye On Part 2	Equities	21	May 2, 2012
T	Keep EYE On REALITY AND INFRASTRUCTURE STOCKS	Equities	1	Nov 10, 2011
	Stocks To Keep A Close Eye On - Chapter II	Equities	1574	May 30, 2009
G	Is it ok to buy Stocks keeping the current market scenarios in mind or should I wait	Brokers & Trading Platforms	10	May 23, 2006

Stocks To Keep A Close Eye On

aimer

Well-Known Member

Mangafreakz

Well-Known Member

yogi1969

Active Member

aditya14

Well-Known Member

aimer

Well-Known Member

aimer

Well-Known Member

aditya14

Well-Known Member

SavantGarde

Well-Known Member

pvs

New Member

pvs

New Member

Similar threads