Hi deepak,

You are doing a good investment. I am happy to note that you have made a correct decision. Please see that bull markets and bear markets are parts and parcels of any securities market. Any investor must understand that the stock market has the inherent risk of wiping away one's savings in stocks.Therefore any investor in stockmarket must undertand that risk very well. But it is also proven that wise investors have amassed wealth using this market. Therefore any investment is made only based on total understanding of the risk associated with a sound understanding of the business that you are investing in.

As you are aware PFOCUS is in entertainment industry and that going forward we will see demand for entertainment exponentiating and therefore PFOCUS will benefit enormously from it.

Therefore long term investments in solid businesses must be increased in case of rare huge bearishness.

Truecharts...

Hi.

Looking at the charts on 8 aug 2008 there was a clear indication of bearishness that was abt to start. Looking at the length of the rally in the counter it is necessary that we be bearish as we had started seen signs of exhaustion as on 8 aug 2008 . At times we get false exhaustion signals and also false exhaustion terminations. In such cases it is always advisable to exit the stock if you had made profits.

Also that with air travels getting dearer due to fuel cost we may see it impacting, hence the bearishness was suggested.

But now the charts are suggesting a remarkable bull run waiting to happen. Because we see bear rallies getting smaller and bull rallies getting larger. With the recent bull rally that has started at
Rs 462.4 swallowing the most recent bear rally from 510 to 462.4 the market suggests an intermediate bull run again. But when the price falls below 485 the suggestion that the intemediate bull run would continue for a remarkable length will be nullified and we may see great falls. But any breach of 534 on the higher side is suggestive of good profits on the long side. One must have strict stop losses at 485 levels to play it smart with this stock.

Truecharts...

hi Karunas,

Sell in the correction thats very likely and buy. While I maintain a longterm bullishness in the stock both technically and fundamentally. I see a correction most likely. We see a great classic pattern of correction.

Truecharts...

Tata Tea under Bear grip.

Truecharts...

Hi Karunas,

Jet airways is not in a bear market. Its in a correction while the long term bullishness continues as of now.

Truecharts...

Hi deepak ,


It has been issued at Rs.417 Courtesy NSE website.

33 Prime Focus Limited 452.90 Centrum Capital Ltd. & ICICI Securities Ltd. 25/05/2006 to 03/06/2006 104 39 (.) no. of equity shares aggregating Rs. 100 crs Rs.417 to Rs.500 417.00 20-Jun-2006 Not Eligible

Its a nice stock at current levels.

Truecharts...

Buy for shorterm profit.

Truecharts...

dear brother, I have made some more additions today. I assure you that i am investing in this script for a long term. In future also i will keep adding this script in my portfolio whenever i get the chance and have spare money. Thanks for encouraging. deepak ...

Why this sudden bullishness in this stock?...

dear truecharts. I have started investing in this stock. My first purchase is at rs.451/-. I will keep investing in future also. The problem in this stock is thin volumes. In the falling markets, you cannot get out of such stocks. What is your view? deepak...

guest gave a target of 135.. what do you think??...

Dear, This does not reply my question, what is happening to the invester holding the original alotment in IPO? What do you say to them?...

six month target is Rs1350.00...

Does any one expect Jet to test its IPO levels, if yes by when?...