Saturday, September 18, 2010

Nifty Analysis : DONT MISS !

Please check the attached chart.

As seen on the chart we can conclude the following :

1) From June 2006 to Sept 2007 (14 months) the market was in a sideways trending
move between a band of 2800 to 4800

2) A BREAKOUT from this band in Sept 2007 had taken our markets right from 4800
to 6300 with consistent weekly GAINS.

3) Similarly from AUG 2009 to SEPT 2010 (13 months) the market was in a sideways
trending move in a band of 4400 to 5500.

4) Recently at the extreme right of this chart we clearly see a WEEKLY CHANNEL
BREAKOUT.

THIS MEANS - 6300 CAN BE TAKEN OUT V.V.EASILY NOW AS THE FIRST TARGET OVER THE
NEXT 3-5 MONTHS.
Cheers,
PREMAL

Monday, March 1, 2010

What will be benefitted with BUDGET 2010?

Friends,
POTS of data has been feed on us post budget.
Someone is taking to GDP, Growth etc. while someone is suggesting us
whats gonna be expensive and what cheaper. But who is going to tell us
what sectors are benefitted the most this budget ?
Well, you have reached the right place with this post to find out. CONGRATS!
My analysis says two sectors are gonna rock no matter what the fundamentals suggest us internationally or nationally.

1) IT

2) HEALTHCARE

The most obvious reasons you might ask me ------> WHY?

1)
A population of 2000+ in Indian village will have a BANK now !
Wonderfull. But, how will the banks be able to do this even if RBI
extends full support for this annoucement. I am confident that IT is
the solution to maximise this reach. Big big contracts for IT companies
are going to comeup in the next 1 year domestically.

2) Everyone
is shouting GREECE, PORTUGAL, SPAIN these days. Well what happens if
this becomes a reality? First, weak EURO. Which equals to STRONG
DOLLAR. And then what does strong dollar mean ? --------> THE
JACKPOT ---- HIGHER PROFITS FOR OUR IT COMPANIES.

3) Its nice to
see the FM extend us more disposable income with IT limits raised. So
now we are either gonaa

1) Consume , 2) Invest in stock markets OR 3)
Bank deposit this money. This are the most direct 3 ways one can manage
this more cash now.

4) Healthcare is gonna rock as it is directly
connected with your disposible income. Since budget 2010 has given us
more cash people are gonna ask for better facilities in this sector and
most of them would even consider having mediclaim policies to cover it
up with a nominal premium. I am suggesting you all to keep a check on
Fortis, Apollo etc. They are a good investment for 1 year horizon.

Friends, I am not an expert on budget analysis but atleast I am able to spot whats in it for me as a investor of stock markets.
I will appreciate your comments on this post with your view.

Cheers,PREMAL

Saturday, January 9, 2010

BHARAT BIJLEE - Ye Bijlee CHAMKE GI !!!

Friends,
 
Take a look on this chart. The technicals have turned extremly bullish. The resons are,
 
1) Broken out of consolidation price range.
 
2) MACD crossing ZERO LINE
 
3) Volumes have started to build up.
 
One can buy this stock with SL-1052 & Target - 1252.
 
Enjoy making smart money,
 
Cheers,
PREMAL

SILVER.... LET IT SHINE FOR U !

Friends,
 
Check the chart of silver. After a correction it is striking back with vegence. I am bullish for it in the short term & think it can easily cross 30500 now.
 
Reasons on chart :
 
1) Bull engulf on WEEKLY CHART
2) MACD Crossover above 0 line
3) Rising RSI
4) Resistance of 27600 broken on DAILY CHART.
 
Buy it in MCX to leverage your positions and enjoy good profits. Target 30600 in about 3-6 months.
 
Enjoy,
PREMAL