NIFTY INTRA DAY CHART UPDATED @ 3:45 PM
Jan 8, 2010
Jan 2, 2010
SENSEX 31000 AND NIFTY 9000 in 2010? Atleast mathamatics says so.!
SPECIAL REPORT ON MATHAMATICAL TARGETS OF SENSEX NIFTY:
Dear investors and traders,
We all have been using technical analysis and technical indicators for long time. But there are so many individuals in the world who found their own theories based on mathematics and statistical formulation and became successful, one of such math theory we ourselves use and remain successful in forecasting.
Here we have attempted to forecast the targets of SENSEX and NIFTY on the basis of our own selected mathematical criterions, which has indeed given mind-blowing analysis.
Below are targets for sensex and nifty for 2010 on the basis of our mathematical formula.
SENSEX | NIFTY |
targets based on Maths | |
20740 | 6133 |
22765 | 6708 |
26039 | 7640 |
31338 | 9145 |
The above target are just based on mathematical calculation and doesn’t support any arguments of technical analysis, hence there is no way for confirming the targets arrived at using such as mathematical formula in technical analysis.
For REGULAR UPDATES AND ANALYSIS join our paid/free service and visit our web-sites regularly based on technical and fundamental analysis.
COMMENTARY:
Last week was a small week of just 3 days. The sensex again tried to close above 17500 but it failed to close above this major resistance levels. If sensex is able to close above 17500 in the next week then we may consider target of 18100/18900 then our 19013 (http://www.smsgupshup.com/search?query=19013&x=0&y=0) and19500 based on head and shoulder and cup and handle formation which has been explained in previous articles and reports.
So we will wait till this Friday and watch weather sensex cross 17500 and close above 17500 on weekly basis with significant higher volumes or not. Thereafter we will take any decision otherwise we will maintain cautious attitude and doors are open to fall up to 12000 levels. Always remember “If the markets are continuously going up doesn’t mean, the markets will continue to continuously go up.” If you are late in the party doesn’t meant the party should extend more.
DOW JONES-
Dow is in the super cycle wave 2 in Elliott wave theory.
Wave 1 was down from 14198 to 6469.
Wave 2 6469 to 10580 (currently in progress).
This wave may end hear!
There are possibilities that the Wave 3 may start and take Dow Jones to new low below 6469!
To support my argument we have drawn trend from 14198 to 13138 when Dow was falling. Now this trend line value is between 10500 to 11000 levels and Dow is currently trading same levels and it has given down ward jerk on the last trading day of 2009 with co-incidence of full moon and solar eclipse which is also supporting my argument of ending wave 2 and start of wave 3 which is down wave.
To understand this on chart refer the chart given in this article, or click the below link: http://www.meghainvestments.com/2009/12/down-jones-super-cycle-wave-analysis.html
FUNDAMENTAL STOCK PICK
ESS DEE ALUMINIUM LTD.
CMP 378 target 600.
Growth in pharms, fmcg and food will bring growth in the top and bottom line of the India’s biggest aluminum foil maker. After acquiring India foils Ltd which has higher capacity then ess dee aluminium, the company is likely to benefit on business of scale.
MUTUAL FUND PICK
FRANKLIN INDIA PRIMA FUND-AVOID.
ARGUMENT: From 2004 this fund is not giving higher returns then its benchmark S&P 500.
WEEKLY MARKET OUTLOOK
Support at 5100/5050
Resistance 5370/5400
No trading strategy this week!
TECHNICAL STOCK PICKS
Ambuja cement:
stop loss 100 targets 108/111
Goderaj ind:
stop loss 178 targets 191/196
Good luck steel:
stop loss 34 targets 43/47
Bajaj auto:
stop loss 1693 targets 1815/1865
KEY NEWS TO WATCH OUT
Auto, cements, steel co will be in focus ,as they will announce sales numbers of December 2009 month.
GLOBAL MARKETS 2009 Snap-Shot:
A year of record for Stock Markets world over:
Forecast of Emerging markets, Emerging market valuations and Emerging markets Earning Expectations.
Friends, in the year we saw a global recession since World War 2. The interesting thing was that the recession lasted shorter than even the previous cyclic recessions. This follows the argument that the capital markets (not financial markets) are better barometers and unemployment rate and other core economic criterions affecting the domestic economy and some affecting global economy are less considered while determining whether we are in recession or not. We will have a discussion on this soon later. For now acquaint yourself with some information and projections for the year that ended and for the one which resumed.
The USA’s S&P 500 posted an average decrease of 0.9 percent a year since 1999 including dividends, the first negative return for a decade since 1927. The US stocks posted biggest annual gain since 2003.
The UK’s FTSE 100 Index rose 22 percent in 2009, its biggest annual rise since 1997.
The Chinese markets Index SCI increased 79 percent in 2009.
The Bovespa index of Brazil rose 83 percent in 2009.
While Indian Sensex soared 80 percent in the year 2009.
The MSCI emerging market index posted its best performance (74 percent) since its beginning. The MSCI index started in1987. The index has doubled in value over the decade.
Russia’s RTS Index posted the biggest annual gain world wide by soaring 129 percent in 2009. Read a full coverage on Russia as an emerging market in next week here.
IMF- International Monetary Fund projections:
The IMF projected 5.1 percent growth for the developing nations. While it has projected 1.3 percent growth rate for the developed nations.
FORECASTS OF EMERGING MARKETS:
JP Morgan has forecasted 34 percent rise in MSCI Emerging market index.
While Morgan Stanley has predicted 20 per cent rise and Credit Suisse has forecasted 20 percent rise in the widely followed emerging market index.
GROWTH EARNINGS EXPECTATIONS IN EMERGING MARKETS:
According to one report by news agency Bloomberg a compilation of analysts’ forecasts in earnings shows following results.
Estimated earnings growth rate in Brazil may be 18 percent.
Estimated earnings growth rae in Chinese companies may be 13 percent.
Estimated growth rate in earnings in India may be negative 0.40 percent.
EMERGING MARKET VALUATIONS:
According to summary of data of various analysis the China’s Shanghai Index is expensive which is trading at 19 times estimated 2010 earnings. India’s Sensex is valued at 17 times while Brazil’s Bovespa trades for 14 times. Amongst this the Russian RTS trades the lowest valuations of all Emerging markets.
The MSCI Emerging Market index is valued at 13 times.
Jan 1, 2010
Market SENSOR: Insider News, Information and Rumour based Tips
MARKET SENSOR
INSIDER NEWS, INFORMATION & RUMOUR BASED SMSSERVICE FOR STOCK MARKET.
What is it that makes the stocks go up and down, rise and fall, skyrocket and slump? Yes. It’s the information. Information which comes in form of news and rumours.
The information which comes in the form of official release or close to 100% reliable and confirmed is said to be news. While information coming from unofficial and secret, unanimous sources and difficult to measure in terms of reliability is said to be rumours.
Such information can be specific or vague/unspecific. For e.g. “PREMIER LTD to announce launce of ranges of automobiles in November 2009”. This is an example of Specific information. While “Sources suggests some good news in the offing for PREMIER LTD by the end of this month” is an example of vague of unspecific information. We try to give MORE NEWS based information THAN RUMOUR BASED information.
Another thing in the world of Insider News based Trading is information regarding bulk buy-sell in shares which has already happened or is going to happen. This can be for intra-day as well as positional delivery based also. Interesting thing about such large bulk/price-driving buying selling based stock tip is that it itself can be based on information which may be in the nature of news or rumour as explained above or merely by virtue of such large bulk buying and selling in the share by STOCK OPERATORS or such other persons/entities.
The MARKET SENSOR is a service that sniffs out and sends you the signal as to who or what is the force behind the movement of a scrip .This information is provided to you well on time to enable you to take the right decisions at the right time.
The MARKET SENSOR is a service that sniffs out and sends you the signal as to who or what is the force behind the movement of a scrip .This information is provided to you well on time to enable you to take the right decisions at the right time.
TYPES OF INFORMATION (NEWS, RUMOURS, BULK BUY-SELL) TRIGGERS FOR UPSIDE/DOWNSIDE IN SHARE PRICES:
- Any type of good information.
- Any type of bad information.
- Earnings reports.
- Takeover, mergers and acquisition.
- Activity of Stock Operators.
- Activity of Investor (such as some Long-term players taking position or offloading position. For e.ge we saw Satyam Computers’ stock declining from 115 to 85 on selling stake by L & T.)
SUCH INFORMATION CAN BE TWO-FRANGLED:
- Company specific.
- Non-company specific, i.e. effecting sectors and/or the market as a whole.
SAMPLE MESSAGES:
Under MARKET SENSOR-insider information and rumour based service, we provide messages in two-ways. 1. Simple information as we receive or find it. 2. Information with trading levels, which may include target and stop loss as well.
- As per sources GMDC will rise 10 rupees in the next 2 -3 days.
- Some unusual buying has been witness in HIND ZINC –sources point out that good news from govt for stake sell.
- Sources suggest land development news in landmark leisure; also tell that the scrip will double.
- Someone purchased 15 lakhs shares of SUZLON in last 15 minutes. You can buy with stop loss of 89 and target of 92.5-94 for intraday and 110 for 10 days.
- Aegis logistic to announce a buy-out. One week target 178, keep sl of 117.
These are only few of the sample messages and the messages may differ depending upon our judgment and type of information.
Lastly we want to point out that we may also provide messages on the basis of our own observation and filtered from tools of analysis.
OTHER SPECIFIC DETAILS:
- There will be 4-8 messages in a week.
- The messages may be useful for intraday trading and/or delivery based trading as well depending on the message. In case of doubt or ambiguity, the subscriber can always call us and seek clarity and guidance.
- 1 month FEE is Only Rs.2500.
.Profit with confidence.
Disclaimer:
We do not encourage insider trading. But it is universal fact that “if you are not INSIDE, than you are OUTSIDE!” We don’t guarantee the reliability of information neither claim to give perfect information. We also don’t claim to give any insider news which are restricted by any law of India. We don’t indulge into any such practice which is termed illegal by laws of India. We merely pass information. We suggest you to take informed decision and make sure that you don’t indulge in any type of illegal insider trading.
Dec 31, 2009
FULL MOON TODAY
Stockmarket can are very down for this date or down strong crash few days after.If you have stocks the best is to sell and wait for confirmation. Day trading and Delivery with strick sl only.
Dec 30, 2009
THINK SOFT update of previous call
http://www.meghainvestments.com/2009/11/think-soft-chart.html
The above link will lead you to THINK SOFT CHART and target recommended previously.
The Target given was 270+. Today CMP is 315.
Following is the chart given previously.
The above link will lead you to THINK SOFT CHART and target recommended previously.
The Target given was 270+. Today CMP is 315.
Following is the chart given previously.
SUN-FLAG IORN AND STEEL
JUST CLICK ON THE CHART AND ENLRAGTRIANGLE BREAKOUT ON DAILY CHART AFTER LONG CONSOLIDATION SL 16 TGT 40/65.
Dec 26, 2009
WEEKLY MARKET REPORT FOR TRADERS AND INVESTORS
Friends,
The trading week ahead is going to be short and Futures & Options expiry is also there. We may give a close above 17500, BUT still believe to book profits and keep cash on hand.
On 23/12/2009 without much news Sensex rise nearly 550 points and rising towards our major resistance of 17500. At this point of time we have no major news to watch out and having too short week and F&O expiry Sensex may give close above magical figure of 17500 but we don’t consider this as a confirmed buy signal and we continue maintaining our exit strategy and waiting to give concrete signal to go long.
Many time speculative money or news drive the market above /below support or resistance levels and thereafter it fails to hold there and reverse the directions.
At this juncture we advise to book profit and you can join our PMS Service and get 8 multi-bagger stocks to invest in it, we at MEGHA INVESTMENTS will guide you when to enter above the clear breakout or on down side so you can get maximum benefit by minimizing risks.
FUNDAMENTAL STOCK PICK
KSB PUMPS
CMP 430, Target 650.
Capex programme on power ,oil and gas segment will boost the demand of co’s products.
Co’s growth is dependent on India growth story not on global growth story. This means lesser and lesser dependence on global demand and immunity from international recession or crisis.
MUTUAL FUND PICK
HDFC Growth Fund: Avoid.
Reason: Despite having 9 years of existence in the market fund fails to give impressive and consistence returns.
WEEKLY MARKET OUTLOOK
Support at 5110-5050.
Resistance at 5350-5400.
Last time buy signal give above 5095 with target of 5180 and 5200 which clearly hit hope u have enjoyed it.
This time due to short week and F&O expiry we don’t recommend any buy or sell strategy!
TECHNICAL STOCK PICKS
Buy SUZLON stop loss 83 target 94/96.
Buy REI AGRO stop loss 44 target 55/57.
Buy MAX INDIA stop loss210 target 238/248.
Buy SHREE ASHT VINAYAK stop loss 67 target 86/90.
GLOBAL MARKET CHECK
DOW JONES
Last time support given at 10230 it make low of 10260 and rise nearly 300 points.
HENG SENG
Last time support given at 20900 it make low of 20932 and rise nearly 500 points.
FTSE
Last time support given at 5100-it makes low of 5196 and rise nearly 400 points.
KEY NEWS TO WATCH OUT
There is no meaningful key news to watch out.
Disclosures:we may have vested interested in above weekly report for more read the disclosures and disclaimers at our web-sites.
Dec 25, 2009
Dec 23, 2009
PREPARE YOUR SELF FOR UP OR DOWN SIDE MARKET
WHERE THE SENSEXWILL GO ABOVE 17500 TO 19000 OR WILL FALL TO 12000?
FORGET EVERYTHING BOOK PROFIT FROM YOUR PORTFOLIO AND JOIN OUR PMS -2 OR MID CAP PMS AND BE READY WITH 8 MULTI BAGGER AND BUY AT RIGHT TIME-we will guide you when to enter in to market
WE AT MEGHA INVESTMENTS USE THE BOTH TECHNICAL AND FUNDAMENTAL ANALYSIS TO TIME THE MARKET AND TRY TO GET MAXIMUM RETURN WITH MINIMUM RISK!
PREPARE YOUR SELF TO BUY ON BREAKOUT OR DOWN SIDE
Dec 21, 2009
Don't read this IF YOU WANT 1 MULTIBAGGER every day !
Friends,
This one is for matured and sensible investors. This is just the example how much we have been able to gvie back to our PMS-1(closed for subscription) and PMS-1(open for subscription) members. The following charts will tell you about our Diwali pick and the BONUS stocks that we gave to our PMS members.
We really pity those investors who get into trap of companies promising to give 5 calls each day and multibagger also! This sums to around 25 stock recommendations per month and mind boggling almost close to 250 stock recommendations in a year!!!!
Any way it's still not too late (you will come to know when it is late...simply because we will close the subscription!) for subscribing to TargetPMS-2 and MIDCAP PMS 8 stocks portfolio.This also comes with LIFETIME followup! With Free existing portfolio reshuffling advice! with 1 month of trading based HOTCALLS also absolutely Free!
Dial or SMS 09377008708 or email us at profit.megha@gmail.com.
Dec 20, 2009
WEEKLY MARKET REPORT FOR TRADERS AND INVESTORS
WAVE ANALYSIS:
In 2002-2003 when Sensex came out of bear phase it had risem 115% in just 10 month and immediately gave 60% correction in just 6 month of that!
Now in 2008-2009 similar phenomena seem to be taking place when Sensex came out of bear phase and it has risen 117% (17493) in just 7 month!
If history repeats then we can see Sensex falling to 12000-11800 levels by march/April 2010 or even earlier than that.
As per Dow theory and Wave Count the Index should move in higher top and higher bottom formation to keep the bull market intact. If Sensex crosses 17500 levels which is the latest higher top after creating low of 7700 on 27/10/2008 then it will open the door to 18100/18900 or even to 19500 levels based on Dow, Wave, Triangle, head and shoulders, and cup and handle formation. But for this Sensex has to close above 17500 on weekly basis with significant higher volumes.
Weather history repeat or not our advice is to book profit and keep maximum cash levels on hands and wait if Sensex correct to 12000 or cross 17500 levels. We are keeping close eyes on all this parameters.
Please also read out previous posts on the same RED ALERT.
GLOBAL MARKETS:
DOW JONES
A closing below 10230 will take to 10000 and even to 9800 level.
HANG SANG
A closing below 20900 will confirm the head and shoulder pattern correction and can fall to 19500 levels.
FTSE
A closing below 5100 will take to 4700 or even below as per pennant formation on daily charts.
FUNDAMENTAL PICK:
Eimco elecon, Target 500.
The Co. manufactures mining and construction equipments.
It is India’s is forth largest in terms of coal reserve and third largest in terms of production in the world.
In India coal is used in various industries like electricity, steel, cement, fertilizers, chemicals and paper.
In India
Apart from coal India is also planning to develop the reserve of copper,zinc,gold,uranium and manganes by investments of 25000-50000 crores which is likely to benefit the company.
The Co. also manufactures the construction equipments. The current size of the industry is 10000 crores and growing at healthy 30% and is expected to continue to grow at faster rate.
MUTUAL FUND PICK:
Tata tax saving fund: Avoid
Reason: Fund managers have failed to give long term return to investors.
WEEKLY MARKET OUTLOOK:
Nifty Future:
Support at 4850-4750
Resistance at 5050-5200
Buy above 5095 stop loss 5020 target 5180-5200
Sell below 4875 stop loss 4950 target 4790-4750
TECHNICAL STOCK PICKS:
Ultratech Cement: stop loss 840 targets 930-955
Mphasis: stop loss 680 targets 750-770.
Austral coke: stop loss 8 target 13-14.
Ruchi strips: stop loss 8 targets 15-17.
KEY NEWS TO WATCH OUT NEXT WEEK:
No key news to watch out for the next week.
Dec 19, 2009
ULTRATECH CEMENT, TRIANGLE TARGET 1600 !
As ayou cann all see this cement counter has formed a triangle of almost 600 rupees. We expect
the stock to shoot up to Rs. 1600 levels once it gives weekly closing above Rs.1000. This counter has its own fundamental arguements and the insiders in cement industries have also started accumulating ths counter.Dec 15, 2009
NIFTY FU THIS WAY WE MINT MONEY
pre market send message to sell NIFTY @ 5065 crashed to 5017
book profit @5027
this month total profit 188 point
POWER OF CHART
book profit @5027
this month total profit 188 point
POWER OF CHART
SENSEX WAVE ANALYSIS POSSIBLE FALL TO 12000!! HOW?
SINCE LAST 2 MONTH SENSEX IS NOT CROSSING 17500,IF WE ASSUME THAT SENSEX HAS FORMED TOP THEN WE ARE IN SITUATION LIKE 2004 ,WHEN SENSEX COME OUT OF BEAR PHASE IT RISE 115% IN 10 MONTH AND CRASHED 60% IN 6 MONTH,THE SAME IS HEAR IN 2009 SENSEX COME OUT OF BEAR PHASE AND RISE 117% IN JUST 7 MONTH NOW POSSIBLE FALL UP TO 12000 LEVELS?
Dec 13, 2009
Dec 12, 2009
JIM ROGERS-THE BIG DOLLAR BEAR IS BUYING DOLLARS AND....STILL CONFUSED !!
http://www.youtube.com/watch?v=zn7PyMUZv60
Above is the link of a recent interview video of Jim Rogers, the in infamous Commodities King. It is world known that he is bearish on dollar and the US economy including the most of the western part of the world and seem to be only and only bullish on Chinese economy even excluding Indian Stock markets.
In this vieo interview he confesses of acquiring dollars in recent past by saying that '..he own more dollars now than few days before..." Jim Rogers is an indisputable commodities king and a finance and investing veteran but his recent attacks on dollar and and the 'bankrupt US economy..and then confusing statements and acts regarding owning more dollars and being a horrible trader...even his body language seems not to be in tune and integrity with his speech. His fundamental ideas on finance and investments are a real gem to any student but his recent comments and activities are bound to raise criticism and doubts.
he also adds that he is still EXTREAMLY BEARISH on US dollar but argues that US dollar is going to get strong may be because every one is bearish right now and normally this leads to rally and short-squeez, meanwhile he also added that he is a horrible trader and a loser trader. we think this all seems to be meaning nothing and even confusing to lay-persons. he mentions to be a macro investor in his books and also says is not a trader, then why is he playing with dollar instead of sitting tight and holding to his point. While his all books are worth a read to all students of finance and investment; his arguements on letting banks and financial institutions go bankrupt and the whole financial market collapse does not get support from any one except the likes of mark fabers of the world.
Above is the link of a recent interview video of Jim Rogers, the in infamous Commodities King. It is world known that he is bearish on dollar and the US economy including the most of the western part of the world and seem to be only and only bullish on Chinese economy even excluding Indian Stock markets.
In this vieo interview he confesses of acquiring dollars in recent past by saying that '..he own more dollars now than few days before..." Jim Rogers is an indisputable commodities king and a finance and investing veteran but his recent attacks on dollar and and the 'bankrupt US economy..and then confusing statements and acts regarding owning more dollars and being a horrible trader...even his body language seems not to be in tune and integrity with his speech. His fundamental ideas on finance and investments are a real gem to any student but his recent comments and activities are bound to raise criticism and doubts.
he also adds that he is still EXTREAMLY BEARISH on US dollar but argues that US dollar is going to get strong may be because every one is bearish right now and normally this leads to rally and short-squeez, meanwhile he also added that he is a horrible trader and a loser trader. we think this all seems to be meaning nothing and even confusing to lay-persons. he mentions to be a macro investor in his books and also says is not a trader, then why is he playing with dollar instead of sitting tight and holding to his point. While his all books are worth a read to all students of finance and investment; his arguements on letting banks and financial institutions go bankrupt and the whole financial market collapse does not get support from any one except the likes of mark fabers of the world.
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