Mar 30, 2010

Rajesh Exports Ltd.-TGT Achieved BEFORE Time!! 50% Return!!

1st Just CLICK the below LINK: Clearly Shown the "Cup & Handle Pattern":


Now All Know It is Trading Above 100+, that is Rs.118...Giving A return of 50% from our Strong BUY Recommendation levels of Rs.50.


FOR MORE SENSIBLE AND GENUINE INVESTING RECOMMENDATION, BECOME A MEMBER- DIAL 09377008708.

The AVERAGE should be better than the AVERAGE

            It should always be a trader's target to not become better but become better than the average. Because all counts is comparative competitiveness in markets. If Einstein is not trading then you don't have to prepare to compete with him. You don't need to be the best pr the smartest. Just remember this to win in any market: "Average should be better than the average". There will be people who don't learn from mistakes and who will continue to continue to do mistakes. Your job is to do them and take their money before or either anyone else does that. Yes, thats trading!. You have to take benefit before his days are over. Trade with an attitude of rising ABOVE AVERAGE. And the market consists of these 'Averages' which always remain above the Average.
Posted on Tuesday, March 30, 2010 | Categories:

Gokul Refolis

Gokul Refoils:
Dont Miss my target 72, your sl 59.
Rs.500 crore real estate in Ahmedabad.
10 point rectangle triangle.
Yesterday who bought 6.50lakh shares?

Posted on Tuesday, March 30, 2010 | Categories:

Mar 29, 2010

Be Technical NOT Skeptical

"A Skeptic who doesn't like prices rising randomly, continuously, without reasons is ill-suited for bull markets"
Posted on Monday, March 29, 2010 | Categories:

Mar 28, 2010

WEEKLY MARKET REPORT FOR TRADERS AND INVESTORS



FUNDAMENTAL STOCK PICK
ZYDUS WELLNESS LTD.
RECOMMENDATION:
book profit/Avoid new investments/under weight.

About the Company:
After Cadila group acquired Carnation Nutra Analogue Foods from its earlier promoters, Cadila Healthcare demerged its Consumer products business in to CNFL and renamed CNFL to Zydus Wellness.
The company has very popular brands Sugar Free-the low calorie sweetener, Nutralite-the premium table spread and EverYuth-a specialty skin care range.

Sugar free-India’s largest sweetener
Having 78% market share, with a presence in both aspartames as well sucralose categories, Sugar Free enjoys a top of the mind recall in the minds of calorie conscious consumers.
Making a foray in the low calorie beverage market, the division successfully extended the Sugar Free brand name to launch its soft drink Sugar Free D-lite.

Nutralite-butter brand
'Nutralite' India's leading table spread offers several benefits for the health conscious and fitness conscious consumer as it is cholesterol free, has no hydrogenated fats and no trans fats. Low in saturated fats, Nutralite is also enriched with Vitamins A, D and E.

Ever youth-skin care
The specialty range of skin care products are marketed by the division under the umbrella name 'EverYuth'. The brand today enjoys the No.1 position in the scrub and peel-off categories and is the 2nd largest selling face wash brand in India

Having good products and strong customer base why we are under weighting the stock of Zydus Wellness?
First reason valuation is not justified in terms of sales growth and profit growth.
Second reason batter opportunity available at good valuation.

Let’s check the fundamentals of the stock.

Debt-free status: 100% debt-free-good for long term sustainable growth.
P/E multiple 42% vary high and above sales and profit growth rate.
PBV: Price to book value 18 times.
PCF: Price to cash flow 41 times.

Dividend yield just 0.39%.

So over all valuation is high and with no big margin of safety at current market price.
So we are underweighting the stock and recommending clients to book profit or avoid new investments in this stock.

MUTUAL FUND PICK:
Franklin India Blue-chip Fund
Recommendation:
Buy.
Ration: Good for long term conservative investors.

COMMODITY UPDATE:
Those who are regular readers of my week report knows many time I have describe views based on Dow theory and complex theory wave pattern.

Hear in this article I have expressed my view on gold based on Dow theory, wave patter and head and shoulder patter.

First chart is COMEX gold (USA):

We have shown wave structures which is as below,
Wave 1(down) 1226 to 1075.
Wave 2(up) 1075 to 1161.
Wave 3(down) 1161 to 1044.
Wave 4(up) 1044 to 1130.
Wave 5 down?

As per wave structure and calculations target of wave 5 will be 900 to 850.

If you see the wave structure which shows lower tops and lower bottoms.
Now to continue with this pattern gold needs to go below 1044.
Three consecutive and weekly closes below 1044 will confirm the down wave pattern.

Second chart is MCX gold:

Look at the chart which is forming higher tops and higher bottoms.
Now last higher bottom is 15950, now to break this higher tops and higher bottom formation gold needs to go and sustain below 15950, but our gold price is largely dependence on COMEX we will filter price by 3% and will confirm the bearish trend below 15450.

Along with this gold is forming large head and shoulder pattern of 4400 points.
Confirming head shoulder will come by two ways once comex gold gives three consecutive close below 1044 and mcx gold close below 15450 my target will be 12500.

US DOLLAR INDEX
From 75 levels I am bullish on us dollar index and now has crossed 81 mark.
I have attached chart which shows wave pattern.

Wave 1(up) 72.23 to 78.45
Wave 2(down) 78.45 to 76.60
Wave 3(up) 78.60 to 81.34
Wave 4(down) 81.34 to 79.51

Wave 5 up start above 81.34

Now if you mark this is forming higher tops and higher bottom ,now to start 5th wave of up dollar needs to close 3 consecutive close above 81.34 then as per wave calculation my target 85.
If dollar get strong up to my target levels then I expect vertical fall across the commodities/gold/silver/metals.

GLOBAL MARKET
I have attached chart of S&P 500 of America.
Look at the chart index is forming higher tops and higher bottoms with this see it is forming 5 wave pattern.
If index close 3 consecutive days and weekly above 1178 then as per wave count my target is 1333 and 1397.
As per time series from low of 675 this is 13 month so this can change the trend but if it conclude the bullish condition then we will see another 4 month rally in US market and above target.

WEEKLY MARKET OUTLOOK
Support at 5238/5180/5130
Resistance at 53010/5351/5387

Market is rising with lots of liquidity pumping By Fiis and domestic’s institutions (many time told in my fundamental analysis)

After constant rise from budget we are still below last high of 17800 and 5300 (cash market) respectively sensex and nifty ,yes we have not broken the lower bottom of 15300 and 4500 for nifty but we need to cross and substation above 17800 and 5300 with vary good volume.

If the above condition happens then we have given Elliott wave analysis of “common flat a-b-c” pattern and which will take sensex to 19300/19600 and in last leg it will cross 21000 mark also.

But we need to sustain above 17800 for quite some time say for 4 consecutive weeks, last time after Dubai fall sensex has taken out the 17500 levels but it sustain above 17500 for 2 weeks and panic start so this time we need to close above 17500 for at least 4 week thereafter we will see the next up move from hear.

In technical analysis every penny counts, still after such a rise we have not cross the high and in my last report I have argued about “head and shoulder” pattern and if we are not able to cross the high 17800 and 5300 then problem is their and doors for down side should be cautioned.

The rules of the game (stock market) is to be in direction of major trend and get out when the trend has reached the stage where almost everyone has become complacent and careless.

MOMENTUM CALLS
Market is at high speed and if you don’t wear helmet while you running bike at 100 speeds your life is at risk.
Hear we suggest you some trading calls but we also suggest you to buy April month put options to hedge you buying position because market is running on high speed and any single bed news will create vertical fall and you may loose significantly.

TATA MOTORS
Buy with stop loss 725 targets 770/782.

EVEREST KANTO
Buy with stop loss 115 targets 130/145.

IFCI
Buy above 53 stop loss 47 target 64.

GE SHIPPING
Buy with stop loss 290 target 308/318.

GVK POWER
Buy with stop loss 41 targets 49.

NMDC
Buy with stop loss 282 target 310/325.

QUOTE OF THE WEEK:
“I am comfortable if we double our money in three years”
-Warren Buffett.

Successful Speculation


Successful speculation implies taking risks when the odds are in your favour.
Posted on Sunday, March 28, 2010 | Categories:

Vascon engineers Ltd on Fire!!



Before few days ago recommended VASCON ENGINEERS LTD.
 1st Target Achieved of Rs.150...Now 165 Confirmed.

Mar 25, 2010

Funny Quote

Fundamental Analysis= Something is bought and the given targets are achieved long time, say year or more after recommendation.


Technical Analysis= Something is bought and the given targets are met in shorter than the given time frame.




Sent by Sunil from Mumbai.
Caution: Take it as funny only and not seriously.

Posted on Thursday, March 25, 2010 | Categories:

Mar 24, 2010

S&P 500: Wave 5th to start?

Before Few Days Ago We Have written That "three constitutive close above 1128 will take to 1160 /1175 levels",and just see yesterday when you were sleeping it touched our target!!!


If you had missed to read it-then click this link: http://www.meghainvestments.com/search/label/global%20markets


NOW WHAT TO EXPECT FROM THIS STAGE?

------>>>>If closes above 1178 for 3 Consecutive days and Weekly close then wave 5 can take up to 1333/1397-----<<<<<


Click on the below chart to understand more: 


 

Mar 23, 2010

Tasty Tuesday For Our paid Members

Todays message to paid members

first message at 7:57am
over night nifty update
keep stop loss 5265
expect panic below 5180
closing below 5130 will create blood-bath
hold 5300 april call for hedge

second message at 9:17am
nifty option traders buy 5100 april month put trading at 72
exit if nifty cross 5265 

third message at 9:52
nifty traders save this message
today if nifty not cross 5248 and close below 5234
then bears control
read again and again

forth message  at 1:1pm
book profit in nifty around 5200 short at 5248/ 5235

fifth message at 1:17pm
now nifty below 5200 book profit and celebrate RAM NAVMI(birth day of RAM who win lanka(presently sri lanka)
short at 5248 and 5235
48+35 point profit

sixth message at 2:07pm
nifty trading at 5220 keep stop loss 5215

seventh message at 2:11pm
dont shock by just 5 points stop loss
our insiders says one big player will cover 5lakh nifty

eighth message at 2:42pms
book profit in nifty at 5240 and salute us
from 5220
enjoy blast 

many new traders ask about track record now i have put my todays time wise message and this message will be read also by my paid members

if you wants to become paid members call me!
Posted on Tuesday, March 23, 2010 | Categories:

Mar 22, 2010

Greate Monday for Our Paid Members


1st message of morning to paid members at 8.42am as below:
Intra day Nifty Traders.
Buy nifty around 5180/5170 stop loss 5135
45/35 point risk.

2nd message to paid members at 9:6am:
Just see and book profit in Nifty in just 7 minutes 5235 told you to buy at 5180...enjoy life

3rd message to paid  members at 9:12 am.
If you don't trade then i can not send you demand draft,
always keep your eye open and trade, we personally sold Infosys futures and minted money! 

4th message at 10:42 nifty trading at 5248 keep stop loss of 5265 and sell
every one was jumping and buying and nifty crashed below 5208(40  point profit)
still looking weak only
Posted on Monday, March 22, 2010 | Categories:

DOLLAR TO SHOW STERNGTH ABOVE 81.34


Just click on the chart to see the dollar index chart.
Dollar is making higher top-higher bottom formation.

Along with this 3 consecutive close above last higher top of 81.34 will start wave 5th and as per wave count target will come 85.

If dollar close 3 day above 81.34 then i expect free fall/blood-bath situation in gold/silver/metals/crude oil.

I request you all to read that dollar will strengthen only above 81.34 after it close 3 consecutive close above it.

Power Punch

In march Month series we had given following strategy on web site and all clients:
Oil and gas index to outperform relatively in march month,  
Buy reliance ind 1000 strike price call at 25.
Buy nifty fu 4700 put at 45.


Today we sent message that book profit of 17000 on margin of 9750 for this position.
Now those who are following our message are minting big money.
Posted on Monday, March 22, 2010 | Categories:

GOLD: REMAINING RATIONAL IN THE WORLD OF FINANCIAL ASSETS

GOLD: BEWARE OF IRRATIONAL EXUBERANCE.
REMAINING RATIONAL IN THE WORLD OF FINANCIAL ASSETS.
THERE IS NO ‘HOLY COW’ IN FINANCIAL ASSETS MARKETS.

There are several reasons why gold prices should and should not keep on going up.
The ever weakening dollar- the gold bulls argue that the dollar is going to continue to weaken and due to that gold prices will continue to rise. But friends we have seen in history that the dollar has slid against euro even lower levels than the recent lows. 
Negative point:
The bear market in gold lasts a lot greater than that of equity.
I also feel that the end user has certain non-tolerance level when it comes to use of gold prices. The industrial people will definitely cut back on inventories while the users of jewelery will unless inevitable, not buy jewelery
There is a limit of tolerance for end users-the industry.
When more return/crazy euphoric bull markets in emerging-other equities will start fund managers will move from gold to equities.
People need to understand that International Funds/investors including hedge funds are traders of financial assets. They don’t fall in love with them. They trade with stoplosses and extensively use technical analysis and quant theories and models. So infact they are the biggest risk to gold prices because when they will sell, they will not care about ‘the the holy precious metal’ status. They will just sell when their trailing SL is hit.
IS WAR COMING?:
In fact the 9-11, afganistan, Iraq war ended. In case china invades Iraq it will not affect usa or Europe because their natural resource needs are satisfied by africal and other countries. Can china go war with usa. No one has given such opinion or view. China owns billions of dollar to America and japan is the world’s largest creditor nation. USA is increasingly strengthening its association with china. The terrosiam is an almost taken for granted permanent phenonmena. It impacts only crude oil and other commodities of ‘supplyable value’, mostly crude and natural gas. Both’s prices rise if some of these gang attacks on pipelines anywhere.
Gold is hoarded and is mostly recyclable unlike crude oil and agricommodities which are perishable and once used can not be recovered or reused.
The strongest point for gold is UNCERTAINTY IN CURRENCY MARKETS. A safety against currency crisis. Otherwise the reason for its priceros due to its emergence as an asset class seems to over-spoken. Its new for us but a decade old for the western ‘split second, pip’ investor and traders. If the currency crisis is coming it should have come when the lehman collapsed and almost the whole western economies paralyzed which was even termed immediately ‘to be a 1930 type of great depression’. If china don’t like dollar or want to sell dollar short of knows that it is going to diminish in value than why it is taking it's bond? Why it is giving loan to it. Today china is the biggest creditor of USA.
We don’t argue that the USA is omnipowerful or that the dollar will rule the world for next 100 years and more. But if the currency has to fail,these are surely not the signs of failing. In fact the depreciation in dollar helped USA to import cheap while its factories were down for a year and half due to recession. And assuming that the dollar will rise then the USA will pay less in interest for loans taken.
USA DEFICIT IS ALSO NOT NEW
USA has seen skyrocketing/gigantic deficits in its history. This is not new. People like jim rogers, buffet, mark faber have repeatedly criticizes USA govt. and fed to /borrow excessively/become debtful and print money and flood the system with money. But it should be noted that this is what is monetary economics all about. Its not that this is right. There are other proper ways. But nothing is perfect. Infact people praised fed and USA govt to save the economy from the SEVEREST ECONOMIC CRISIS SINCE 1930 DEPRESSION (we suspect if people will say it so, because the financial markets in the usa and other countries have already recovered, and as we are writing the usa dow jones is not much far from highs. Indeed this seemed to be a depression of financial markets and similarly a recovery of financial markets. After all it is a ‘financial market economy’. If it were a ‘real market economy’ such as in 1930 then the so-called 2007-08’s 1930 like of depression would have lasted much longer because that depression lasted more than 3 years until the government acted.

HISTORIC GOLD PRICE-CHARTS:
1975 2000.
1980-2007.
Started rising in 2002 till date.

Posted on Monday, March 22, 2010 | Categories:

Careers

MEGHA INVESTMENTS AND RESEARCH is basically an innovative research driven investments and trading advisory, management and intermediary firm.

We are always looking for freelance research and work contributor apart from customer relation executives (must undergo training at our place, then they can work out of their own convenience on phone and internet subject to daily MIS system reporting).

Thus we invite work opportunity for following profiles,
  1. Customer relationship manager
  2.  Free lance research and analysis contributor 
  3. Others

If you think you can work with us in any way then also feel free to write to us and send your full resume on info@meghainvestments.com

Posted on Monday, March 22, 2010 | Categories:

Power Punch

In march Month series we had given following strategy on web site and all clients:
Oil and gas index to outperform relatively in march month,  
Buy reliance ind 1000 strike price call at 25.
Buy nifty fu 4700 put at 45.


Today we sent message that book profit of 17000 on margin of 9750 for this position.


Now those who are following our message are minting big money.
Posted on Monday, March 22, 2010 | Categories:

Greate Monday for Our Paid Members


1st message of morning to paid members at 8.42am as below:
Intra day Nifty Traders.
Buy nifty around 5180/5170 stop loss 5135
45/35 point risk.


2nd message to paid members at 9:6am:
Just see and book profit in Nifty in just 7 minutes 5235 told you to buy at 5180...enjoy life


3rd message to paid  members at 9:12 am.
If you don't trade then i can not send you demand draft,
always keep your eye open and trade, we personally sold Infosys futures and minted money! 

4th message at 10:42 nifty trading at 5248 keep stop loss of 5265 and sell
every one was jumping and buying and nifty crashed below 5208(40  point profit)
still looking weak only
Posted on Monday, March 22, 2010 | Categories: