Research and Advisory for Intraday Trading, Futures, Options, Nifty, Bank Nifty, NSE, BSE, MCX, Stocks, Commodities, Futures, Options Indian Markets. Previously known as MEGHA INVESTMENTS.
Web: www.MeghaCapital.in, Email: contact@meghacapital.in, (M) 919054930538
Successful trading requires more than fluke or luck. Luck is always there, always was and always will remain. One shouldn't give more than 10% weightage to luck or what I say better word for us "Random result of Uncertainty". So the rule is to learn and grow. I have also mentioned earlier to cut the competition. There are suckers, brokers, intelligent people, investors, traders, jobbers, arbitrageurs, insiders, promoters, punters, fiis, mfs, and now even quant machines rivaling you in this game of market. You can easily outsmart the fools and the sucker class. They either don't remain in the market for long time. Yes, more keep on coming. But you will have to come across the competition from the above-mentioned non-sucker and smart class of participants.
She is market editor of CNBC-USA. "Dow just crashed and see VIX spike!" We can not rule out a sharp crack in coming days.........."
She is market editor CNBC-India..
"Sensex just crashed and see VIX spike!"
"We can not rule out a sharp crack in coming days..............."
FIRST LADY IS TALKING RIGHT NOW AND SECOND WILL TALK SAME ON MONDAY, WE ARE HAPPY BECAUSE MY CLIENTS ARE SHORT IN NIFTY AND BUY SBI PUT.....................
Freinds, in the past also we have seen totally contradicting statements and views from various officials and personalities of public. While on the other times their opinions or datas differ drastically or to good such extent that a forget a lay person, not even a scholar could decipher for any conclusion for what it is or could be meant. This presents not just the irony of the informatoin overload world we live but also breaks down the myth that opinions and access to personalities, scholars, governments and people, institutes or organisations means resulting in an improvement in understanding and so on; which doesn't seem to be the case at all. We will talk later about how media (news channels, papers) reports/adjusts/states ditto news to market movement if it is up or down. Till then read between the clouds...
Just click on the below link where Boldly RECOMMENDED to buy Gokul Refoils Ltd. And Gave TARGET OF 72....Which is now Crossed and already zoomed to 75+ levels.
Remember in gokul refoils i was barking to buy from 61 levels and my target was 72/74 what happen you knows now just to day forget everything and spend 5 minutes to read the story i expect stock will double from current levels.
Shalibhadra Finance Ltd. BSE code -511754
Change in Shareholding pattern
September 2009
December 2009
Amidhara agencies
4.98%
Amidhara agencies
4.98%
Amrut credit
2.04%
Amrut credit
2.04%
Minal agencies
3.11%
Minal agencies
3.11%
New Shareholders
Choudhry global
3.97
Upsurge ind
1.91
Reeta
1.64
Thacker jawahar
1.10
Just see the difference. The persons who were shareholders in september 2009 were also in December 2009 but 4 new shareholders also bought hefty 8.62% in company. Why?
My chart indicates 100% something big news will come out either bonus or take over news.
From current levels of 25 i expect stock will double and will hit 50/55 levels. Just check the chart below: The stock has formed double top and now correction will create handle and will complete cup and handle formation -don't buy if you don't have patience.
This word is repeatedly used. And everyone seems to know it's bad. And that 'It has disadvantages to be overconfident'. But how many of them really doesn't fall in this very mistake? Few. Overconfidence in markets can wipe you out or close the doors of opportunity for you forever. Confidence is Great. Overconfidence is Worst. One learned man even said to the extent that overconfidence is anonyme to confidence rather than non-confidence. So how to make out overconfidence from confidence? Is there a think difference line or a huge mental exercise that it takes? Some of the signs of overconfidence can be very easy to identify. Many times holding into losing positions or adding to them is a sure sign of overconfidence rather than heuristic described as loss-aversion in behavioural finance. When a trader makes some money by fluke and start believing he can and profit without any trading system, charts, risk management etc. then he's surely an overconfident. One thing is clear and holy-truth that Overconfidence is a Guaranteed path to oncoming disaster. Ultimately overconfidence results in loses and then frustration, then in blaming other and markets for it.
Godrej Consumer Products Ltd. This Godrej group company is in news for on a shopping spree while buying foreign fmcg businesses. The stocks seems to have gotten head and shoulder breakout. A traders SL should be 255, while going long for a TGT of upto 335.
Hindustan Unilever Ltd. This FMCG Major counter is under pressure. Don't know why? It did made a high around 300 price mark. Now also trading at attractive valuation for Investors. Anyway, Traders Go Long with SL of 218 and a TGT of 240-297 with patience. Inverted H&S Breakout to help.
Dow Jones -UBS Sugar Index: First minor impulse down wave seems complete. Prices break trend channel resistances. We could see a corrective structure up now till key resistances at 149/156/189 levels from current 137 levels.
i expect all round recovery in sugar futures across the world market and also see indian sugar stock to blast. from 145 levels i am telling my clients to buy bajaj hind from last one month with stop loss of 132 and see it has not broken my target is 200.
The won rose five times as fast as China’s currency in the 12 months after officials in Beijing last relaxed the foreign- exchange regime in July 2005, data compiled by Bloomberg show. Singapore’s dollar climbed three times as much, the rupiah five times and Malaysia’s ringgit twice as fast.
Chinese government has kept the yuan at 6.83 per dollar for the past 21 months to shield exporters from the global recession and a slump in world trade. The country allowed the yuan to appreciate 21 percent in the three years before that.
It gained 1.4 percent versus the dollar in the year following the July 2005 revaluation. By comparison, Singapore’s dollar surged 4.3 percent, the rupiah 7 percent, the won 7.4 percent and Malaysia’s ringgit 3.3 percent, Bloomberg data show.
Possibility that the trading band may be widened to between 0.75 percent and 3 percent either side of the central bank’s daily reference rate.
The yuan was revalued by 2.1 percent on July 21, 2005, after China ended the decade-long peg to the dollar and introduced a “managed float” against a basket of currencies.
Foreign-exchange reserves rose to $2.45 trillion in March, the world’s largest holdings, as the central bank sold its own currency to maintain an almost two-year-old peg. China may also want to get rid of this ever increasing dollar hoard in terms of foreign exchange reserves due to its almost two year old-peg.
Yuan’s appreciation will reduce its soaring import bill.
The largest and first trade deficit in last six years which was whopping USD 7.24 billion. The last trade deficit came in April 2004 which was 2.26 billion. According to Officials trade with Taiwal, Korea and Japan prompted this deficit while for EU and USA the balance of payments remain surplus. It is expected that if in very near future China is going to appreciate that it would not do gradually in phase but at one-off manner.
The Chinese Premier clearly stated that they would nor act on any external pressure for its forex policy.
All IN ALL THE EYES SEEMS TO BE ARE NOW MORE ON CHINESE FOREX MOVE RATHER THAN GREECE DEVELOPMENT.
The Greece Debt problem has a bit of breather for now at least if not for all. On April 11 the European governments offered debt-plagued Greece a rescue package worth as much as 45 billion euros ($61 billion) at below-market interest rates in a bid to stem its fiscal crisis and restore confidence in the euro. The borrowing costs in Greek surged to 11-year high recently. The package includes 30 billion euros in three-year loans in 2010 at around 5 percent. Another 15 billion euros would come from the IMF.
Euro region officials have spent the past two months debating whether to maneuver around the rules of the Maastricht Treaty, which left the bloc without a common finance ministry to match its shared central bank. The treaty also contains a “no bailout clause,” making it harder for governments to agree on fiscal transfers for euro members facing fiscal crises.
The 16-nation currency euro declined 5 percent this year against major currency dollar. This was mainly due to the largest ever budget deficit of the EU till date. The debt prices (bond) of Greece also declined resulting into yields shooting to 11 year high to 7.51 percent last week.
Investor confidence in Greece will be tested today when it offers a combined 1.2 billion euros of 26- and 52-week bills. So far Greece, whose deficit was 12.9 percent of gross domestic product last year, says it won’t need to trigger the package.
Experts say others of the PIGS i.e. Portugal, Italy, Spain are less serious than Greece. Although the sentimental effect could be exaggerative.
Many times you have heard about long term story of Indian economy and growth and your broker, financial planner or tax advisor says invest for long term in Indian stock market but market moves in un realistic manner and discount everything vary early and responds in such a manner that small or retail investor always trap like in 1992 bubble of harshad Mehta then in 2000 ketan parekh and IT bubble and then in 2008 US sub prime problem.
As a experience investor we have try to learn from long term chart of the main index and try to give view.
Some observations are as below,
(1)sensex has 8 year cycle
At every 8 years sensex make top and then falls.
Like from 1984 to 1992
1992 to 2000
2000 to 2008
(2)market correct at least 60% from the 8 year cycle top
1992 crash 4546 to 1980=56% down from top
2000 crash 6150 to 2594=57% down from top
2008 crash 21206 to 7697=63% down from top
(3)From 1984 to 2008 of 24 year market moves in higher top-higher bottom formation.
1992 top was 4546 and correct to 1980
2000 top was higher then of 1992 which was 6150 and correct up to 2594 which was higher bottom then of 1992 correction of 1980
2008 top was higher of 2000 which was 21206 and correct up to 7697 which was higher bottom then of 2000 correction of 2594
Now see in every 8 year cycle market turns down with at leas 60% down from high and do not break last higher bottom and creates higher top.
Now if any one who believe in Indian growth story then on Dow Theory and cycle theory consider two things
(1)Indian market can hit major top in
2015/2016
2024/2025
(2)market will correct at least 60% from their top
In technical analysis stop loss is must whether you are trader or long term investor.
In Dow Theory bull market higher bottom becomes your stop loss
Let us explain how
If you have invested from 1984 then market correct from 4546 to 1980
Then in 2000 market correct from 6150 to 2594
At this level those who have invested must keep stop loss of last higher bottom which was at that time 1980 and it was not broken and those who remain invested has get good return.
Then in 2008 market correct from 21206 to 7697
At this level those who have invested must keep stop loss of last higher bottom which was at that time 2594 and it was not broken and those who remain invested has get good return
Now if any one who wants to play India growth story then they needs to keep stop loss of 7697 which is last higher bottom
Now one thing is clear before next bubble in 2015/2016 comes, every investor who are invested in market through mutual funds,insurance plan or directly for very very long time invest your money with stop loss of 7697 if this break then Indian market will enter in to very long term bear phase.
We will update more analysis based on cycle theory and Dow theory as and when needed.
European governments has offered debt- plagued Greece a rescue package worth as much as 45 billion euros ($61 billion) at below-market interest rates in a bid to stem its fiscal crisis and restore confidence in the euro.Forced into action by a surge in Greek borrowing costs to an 11-year high, euro-region finance ministers said yesterday they would offer as much as 30 billion euros in three-year loans in 2010 at around 5 percent. That’s less than the current three- year Greek bond yield of 6.98 percent. Another 15 billion euros would come from the International Monetary Fund.
Successful trading requires more than fluke or luck. Luck is always there, always was and always will remain. One shouldn't give more than 10% weightage to luck or what I say better word for us "Random result of Uncertainty". So the rule is to learn and grow. I have also mentioned earlier to cut the competition. There are suckers, brokers, intelligent people, investors, traders, jobbers, arbitrageurs, insiders, promoters, punters, fiis, mfs, and now even quant machines rivaling you in this game of market. You can easily outsmart the fools and the sucker class. They either don't remain in the market for long time. Yes, more keep on coming. But you will have to come across the competition from the above-mentioned non-sucker and smart class of participants.
