ITS ALL ABOUT MONEY HONEY

13 oct 2008
Pull back rally continue (2-3 days ) thereafter retested new low possible
Maximum up side
Nifty 3800, BSE 12300-500, thereafter.............
Bear Market final Target
BSE 8800
At that level bear market likely hault and strong buying force will emerge in the Indian market....
Nifty Journey
From 2003,
920 to 6357
(Jan 08)
Total Gain = 5437 Points
Expected Correction :
61.8% ---4257 (3337 +920) Already achieved
50%---3638 (2718+920) Already achieved
31.8%---2649(1729+920) Likely achieved,
Ultimate Target 2649
This was written by us on 2nd
April 2008 in this column.
NIFTY FUTURE
Above 3556 target 3650, 3680, 3700
At that level be cautious
: BANK NIFTY :
ABOVE 5600 MORE UP SIDE................

MARKET MOOD

10-01-2008
Relief Rally Continue
Maximum Upside 4100 +
BSE 13600-13650
Thereafter again…….. ---------

What Next in USA
After the plungs of 778 points in Down, some hope are still alive, but that doesn’t means that a selling climax or that the stock market decline is end. It is to be understood that, the overwhelming majority are still positive of the market and are still holding on to their shares. They are hoping that congress will still pass some kind of legislation to bil out sinking banks. They are also hoping that the Fed will continue to inject massive sums into the credit markets to prevent a money panic. And they are assuming that these efforts will somehow turn the market around.
09-23-2008Bearish opening but
cover from lower level

Nifty Break 4200,
further weakness

Nifty Strong Hurdle -

4302 (50D),4350 (39D)
(yesterday high 4303)

BSE Strong Hurdle - 14400-14450Trade in Nifty future +
Bank Nifty +
CNX IT
Accuracy 80 % -
Charges - 15000 Quarterly.Smart Investors/HNI/Hedge Funds
Are going to shifting from Commodity Market to Equity market.

09-16-2008Put Call Ratio - RSI
Indicate Market are over sold
Corrective Rally Continue.....
Nifty Major Resistance 4180-4200
BSE Close eye 13000 to 13100
(yesterday unable to break and started upward journey)
Trade below further weakness
BSE below 14000
Target 13727, 13520 12535
09-15-2008
NIFTY MAJOR SUPPORT
4200 - BELOW target 4100
BSE BELOW 14000 target 13727
09-05-2008
Nifty heading towards 5000 +
Below 4400, short term weakness but buying opportunity expected......

09-04-2008

FIIS STRATEGY :
SELL CRUDE
BUY INDIA STOCKS
(FIIs bought 2nd Sept. Rs. 2247 Crores)
Black Gold
: Crude :

Below US $ 110, first target 100, thereafter heading towards 90 which is last and final support.....
Major Resistance US $ 120-125
Continue close below
90 US $ Target 60 US $
If this happened
BSE Target 20000 +
Up to December 08
Remember :
Last two months we are bullish and advised to our all paid clients to buy on every decline and our target 5000 mark.

Nifty above 4200
BSE Above 14000
Bull will upper hand

CLOSE ABOVE 4600 - new bull run only.

Panic catch is a best
Strategy

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08-28-2008

NIFTY MAJOR SUPPORT
4240-4250
CLOSE ABOVE 4600 - new bull run only.

Ready for big up move after consolidation ?
Nifty Major Support
39 DMA - 4257
50 DMA - 4277

CLOSE ABOVE 4600 - new bull run only.

____________________

Last and Final Hurdle
Of Nifty 4550 - BSE 15130
Thereafter first target of
Nifty 4750 - BSE 15700-15800
Then...if positive bias in the market like, crude soften, Reforms process by Govt.
Next Target
Nifty - 4908, 5193
BSE - 16343-17337Consider support Nifty 4400 -
If break with volume, short term weakness, otherwise ....?

Why peopels are bearish on Indian Stock markets?

Inflation touched 12.44% and reached 16-year highest level. Reserve bank of India is preparing for further rate hikes which sent inflation sensitive sectors move downwards. Approval of six pay commission report may be good for central government employees but bad news for investors in PSU companies. Fiscal deficit will reach alarming proportions in the coming days and international ratings will downgrade India to BBB+. Investors should closely follow all these events.

1. Inflation: When Inflation was at these levels in 1992, BSE Sensex was trading below 3,000. Inflation will continue to move upwards in the coming weeks.

2. High interest rates: When interest rates at current levels in 1999, BSE Sensex was around 5,000.

3. Ratings Downgrade: Due to the implementation of pay commission reports, India is on the verge of ratings downgrade.

4. Stay away from PSUs: PSU stocks will see big hole in their balance sheets due to these pay hikes.

5. No foreign funds: Foreign investors will stay away from Indian markets due to P-notes problem and ratings downgrade.

6. Poor Q2 results: Many Indian companies will announce bad results in the nest quarter and many companies will be negatively rerated.

7. Election year: Stock markets generally underperform in the election year.

8. Rate hikes: RBI will continue to hike either CRR or Repo Rates in the coming months.

Positive news: Only positive news is cooling off crude oil prices. But their prices are unpredictable.

Verdict: Indian investors should be cautious on stock markets before putting their hard earned money. Long term investors should accumulate the sound stocks at 13,500-14,000 levels.
____________________________________

Buy on panic
Sell on rise
In Volatile market is a best strategy
____________________________________
BSE - 16343-17337 Bull Favour Continue. .......
08-04-08 LOGICAL TARGET OF THIS RALlY 4500-4600
Cross + Close above 4392
Bull will charge in the market
(check Friday high was 4291.80 and crossover over all buying in the market.)

Nifty Major support 4250- BSE 14000

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Accuracy above 90-95%

BSE Remain below 15250, downside target 12700 , 10783, 10000 (before Dec. 2009)
(Just short of our target (12822)

POWERED BY TECHNICAL ANALYSIS