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Market Outlook - Short Term |
| Belongs to: Market View |
Tracked by: 4 Boarders
Hi,
Bulls will take charge when bears will tire themselves.
Right now they are pouncing on the markets like there is
no tomorrow. Nifty may crash down to October lows. Likely
target analysed by me is 2165...
In reply to:
WILL NIFTY HIT 4450 IN 2009 ?
Posted by :
bigbear2008
What about bulls.All packages this and that and bulls couldn`t even touch 3150, leave alone closing above 3120 -the first target couldn`t be acheieved by bulls..how will 3400 come?????? 
Tracked by: 4 Boarders
Hi Guest,
Nifty spot is likely to test the level of 2840 very soon. But
at this support level, strong retracement of about 150-200 points
is possible. Nifty may touch 3000+ level. You may use this rally
to exit from your stocks even at loss as Nifty may see sub 2200
levels in the month of January/February. Taking short positions
at 3000+ level will be profitable.
SURESH MITTAL...
In reply to:
WILL NIFTY HIT 4450 IN 2009 ?
Posted by :
Guest
Dear SIR, I have 600 varun shipping at 93 and 20 Aban offshore at 4100. Could you please let me know that when will this price come? Any strategy.
Stage is set for indian markets - investors beware traders enjoy (with caution)
Posted by : rajesh chhabriaTracked by: 0 Boarder
keep it going madame, especially in such troubled times.
the bhagvad gita is not only for todays times, but even for times to come, as long as mankind is there. its really unique, the way it strikes a chord in everyday lifes troubles and the solace that it always provides
regards
...
In reply to:
Stage is set for indian markets - investors beware traders enjoy (with caution)
Posted by : Bhavani27
Thanks for the kind words, Rajesh. This style of writing commenced when some of my friends started questioning me on the relevance of scriptural writings, in general, and the Gita, in particular, to modern day life. I guess that triggered an obsession to quote appropriately whenever an occasion presented itself.
SARVAM KRISHNAARPANAM
Bhavani
Tracked by: 4 Boarders
dear coolboy..
I am not that much in to markets these few days.. sorry but i dont track bank nifty.. when u say icici bank was the the highest looser than hope that a good sign for us..
And ya thanks for levels to look out for trends pertaining to ICICI...
My buying price is 13.00... what do u sugeest should i exit around my price or wait for some profits...
Yaar sahi hai... kisi ki nzar lag gai hai.. hope i`m not the one... the bad omen to your puts.. but trust me bro.. i`d love to see you (and ofcourse me) making some decent profits.
Take Care
Kushal. ...
In reply to:
stbt : nifty fut.
Posted by :
coolboy007
Dear Kushal ,
Nice to hear you made profits in RIL puts , RIL fell heavily today. ICICI looked strong today??? Dude , you had a look at banknifty or not , biggest loser is Icici only in all banks. So that tells you the story of its weakness. Its just that technically unless it closes below 449 anytime , it cn rally to 515 zone anytime. Not a big task for it. Close below 449 and i will sleep without tension. If Icici falls more i will start getting out of puts slowly now holding 5 lots.... First Pe is already in profit of 1k. The highest price i took is 25 , which i think will never be reached.... Kisi ki nazar na kag jaye.
Regards
Tracked by: 0 Boarder
can be hope some positive in near feature are 10 jan board meeting will be on schedule or cancelled pl tell me ...
In reply to:
Satyam upside may cap seriously above Rs 180-200
Posted by : MMB Messenger
FII’s hold on Satyam because they can`t do much with their blocks in any case right now, so they will say that they are not unhappy. But secretly they will not be terribly happy which means at a later date they will want to keep milking away their stake and switching it to some other stock which caps Satyam`s upside seriously above Rs 180-200.
Tracked by: 0 Boarder
can be hope some positive in near feature are 10 jan board meeting will be on schedule or cancelled pl tell me ...
In reply to:
Satyam upside may cap seriously above Rs 180-200
Posted by : MMB Messenger
FII’s hold on Satyam because they can`t do much with their blocks in any case right now, so they will say that they are not unhappy. But secretly they will not be terribly happy which means at a later date they will want to keep milking away their stake and switching it to some other stock which caps Satyam`s upside seriously above Rs 180-200.
big bluffmaster with the help of big 5 consulting ...only corporate governance and all other things will be theoritically followed. no practical values/usage.. pity to the indian financial system. any one and every one can take ride ......
In reply to:
Satyam: A cleverly crafted scam
Posted by : Udayan Mukherjee
So even if there is any kind of a modest bounce in Satyam from whatever price level because people believe that the 5,000 crore of cash is still there, there is a big line of people and the Fidelity and Aberdeen’s of the world are not going to stand down with Satyam right now because of whatever cash is lying on its books. They want out and they want out like yesterday.
So this stock now has huge amount of overhead supply which just cannot be absorbed because the number of sellers far outnumbers the number of buyers in Satyam Computers at any price point. So this stock could fall to Rs 10 even if there is cash on the balance sheet because there would be a large number of institutional investors who have completely seen this lie and I do not think that they would want to hang on there at Rs 80-70 because of any kind of cash lying on its books.
This stock’s value despite the cash or the business operations right now is probably in single digit rupees. Nobody trust this, you have just broken down the trust completely, how do you believe a management which just cooked up everything from its balance sheet to its earning statement over the last many quarters and serially quarter after quarter went on national TV and reported to the exchanges one magnificent lie after another. It is just completely preposterous.
Who do you believe now?
Satyam is a company which is listed on the New York Stock Exchange (NYSE); this is an index company, quarter after quarter it announces numbers which we take as gospel and we do a lot of analysis, every analyst does on whether margin slipped a bit and wage hikes happened and now you know that none of those numbers existed then who do you believe?. Do you believe auditors, who are supposed to be looking at these companies?
This is a fundamental issue of trust and faith which has been shaken. One can forget about the Satyam stock much that we feel very bad about Satyam shareholders that is one company. Here you stand the risk of actually losing your faith and trust in the system, which is supposed to be policing the numbers which you have faith and trust in. What happens to the auditors? This is a company which is not a fly by night small company, it is listed on a global exchange, global investor – they are supposed to be following US GAAP norms etc and quarter after quarter they keep blinkering all their investors and none of us find out till the promoter one fine day decides to confess.
Could there be more companies doing these kind of thing? What are the auditors doing? How will we ever know? You and I cannot be looking at going into and checking the bank accounts of Satyam and what they earned in a particular quarter or not. At some level there has to be an implicit code of faith that we believe what is posted on the walls of the exchange but today we cannot. So what are these people doing – these auditors and tax consultants and even rating agencies, how have they conducted themselves over the last two-three quarters. It is absolutely appalling.
-Udayan Mukherjee, Managing Editor,CNBC TV18
Tracked by: 4 Boarders
Dear Kushal ,
I have updated my charts for today , and telling you following levels to watch for your pe too.
ICICI is now very near to a BreakDOWN stage , a BREAk below 446 will take it non stop to 416-420 levels acc to my chart. This is the level to watch out for.
A very strong support exists at 410 , breaking it will be almost impossible and only a carnage can do that like todays. Its a Double bottom for it there. Break of this will give clear SHORTING signal.
ICICI is now locked in BIg range and will give wild swings.
Regards
...
In reply to:
stbt : nifty fut.
Posted by : Kushal
hey ther coolboy007...
pardon me for my late reply...
At last we have some good news...
Made some decent profits out of 1200 Relaince Puts.. and shorting UNITECH n DLF in Cash Marekts..
But ICICI looked preety strong even today.. it did not fall more than 10% of so... and ya my loss is limited to 3.00 now...
I guess i would get out early near my cost price.. whats your observation / readings... (I might be worng cause i dont follow any charst or anythig)
Best Regards,
Kushal..
Tracked by: 2 Boarders
Sir - i have send a mail requesting for explanation of your excel chart for ST, MT & LT - waiting for your reply for last 3 days - thank you for your help in advance - regards Togu...
In reply to:
No reasons for markets to go up
Posted by : snvaish
you seen effect of HH5CUT which I had explaint to you yesterday. the value for today was 3104.70 and as and when nifty future came bellow it you have seen results. Now Don`t buy till nifty future remains bellow LL5CUT means for next trading day the value of LL5CUT is 3006.43. if future comes above c5cut then chance of bounce will become more and more till then wait. I expct that buying opportunity may arise on 12.01.2009 but before buying see posiion of LL5CUT
Tracked by: 1 Boarder
terror attached, host of security got updated. we all knew about grey market, now it seem it is diminishing.similar, follow up with government to bring in improvement in system. In our country, CA are considered as manupulater like lawyer who protect the culprit. i feel immediately there should be ban on pledging promoter share. subsidiary of this company should also be listed. now its very easy to manipulate through subsidiaries. the basis feeling of showing growth, what companies must have not done this. here because ceo gave the letter we came to know other such facts could have carried forward. also have you heard od IT scrutinity on this big companies. i feel this companies should be scrutinised by income tax department every 3 years. or like RBI, there should be agency attached to government to crutinise on quarterly basis. ...
In reply to:
Satyam: A cleverly crafted scam
Posted by : Udayan Mukherjee
So even if there is any kind of a modest bounce in Satyam from whatever price level because people believe that the 5,000 crore of cash is still there, there is a big line of people and the Fidelity and Aberdeen’s of the world are not going to stand down with Satyam right now because of whatever cash is lying on its books. They want out and they want out like yesterday.
So this stock now has huge amount of overhead supply which just cannot be absorbed because the number of sellers far outnumbers the number of buyers in Satyam Computers at any price point. So this stock could fall to Rs 10 even if there is cash on the balance sheet because there would be a large number of institutional investors who have completely seen this lie and I do not think that they would want to hang on there at Rs 80-70 because of any kind of cash lying on its books.
This stock’s value despite the cash or the business operations right now is probably in single digit rupees. Nobody trust this, you have just broken down the trust completely, how do you believe a management which just cooked up everything from its balance sheet to its earning statement over the last many quarters and serially quarter after quarter went on national TV and reported to the exchanges one magnificent lie after another. It is just completely preposterous.
Who do you believe now?
Satyam is a company which is listed on the New York Stock Exchange (NYSE); this is an index company, quarter after quarter it announces numbers which we take as gospel and we do a lot of analysis, every analyst does on whether margin slipped a bit and wage hikes happened and now you know that none of those numbers existed then who do you believe?. Do you believe auditors, who are supposed to be looking at these companies?
This is a fundamental issue of trust and faith which has been shaken. One can forget about the Satyam stock much that we feel very bad about Satyam shareholders that is one company. Here you stand the risk of actually losing your faith and trust in the system, which is supposed to be policing the numbers which you have faith and trust in. What happens to the auditors? This is a company which is not a fly by night small company, it is listed on a global exchange, global investor – they are supposed to be following US GAAP norms etc and quarter after quarter they keep blinkering all their investors and none of us find out till the promoter one fine day decides to confess.
Could there be more companies doing these kind of thing? What are the auditors doing? How will we ever know? You and I cannot be looking at going into and checking the bank accounts of Satyam and what they earned in a particular quarter or not. At some level there has to be an implicit code of faith that we believe what is posted on the walls of the exchange but today we cannot. So what are these people doing – these auditors and tax consultants and even rating agencies, how have they conducted themselves over the last two-three quarters. It is absolutely appalling.
-Udayan Mukherjee, Managing Editor,CNBC TV18
Tracked by: 4 Boarders
Dear Kushal ,
Nice to hear you made profits in RIL puts , RIL fell heavily today. ICICI looked strong today??? Dude , you had a look at banknifty or not , biggest loser is Icici only in all banks. So that tells you the story of its weakness. Its just that technically unless it closes below 449 anytime , it cn rally to 515 zone anytime. Not a big task for it. Close below 449 and i will sleep without tension. If Icici falls more i will start getting out of puts slowly now holding 5 lots.... First Pe is already in profit of 1k. The highest price i took is 25 , which i think will never be reached.... Kisi ki nazar na kag jaye.
Regards...
In reply to:
stbt : nifty fut.
Posted by : Kushal
hey ther coolboy007...
pardon me for my late reply...
At last we have some good news...
Made some decent profits out of 1200 Relaince Puts.. and shorting UNITECH n DLF in Cash Marekts..
But ICICI looked preety strong even today.. it did not fall more than 10% of so... and ya my loss is limited to 3.00 now...
I guess i would get out early near my cost price.. whats your observation / readings... (I might be worng cause i dont follow any charst or anythig)
Best Regards,
Kushal..
Tracked by: 0 Boarder
Whatsup,
Thanks a lot.. had u been the auditor of satyam you would have caught them redhanded.. lol. wonder how Price waterhouse was so naive or was in it collusion who knows. LOL
Thanks for Jayant Agro pick, i think even RAMGE suggested this.. i will put in my portfolio.
Thanks once again....
In reply to:
Is this a buffet stock? PVP Ventures
Posted by : WhatsUP
Radhika:
1. Company does not have a Website and its into realestate (NRI have all the money)
2. Realestate business will be in dumps for at least a few years and stagnant there after.
3. There is no promoter buying shares even when the stock is down 90% or more..
4. Satyam promoters were trying to sell their realestate business to Satyam.. and you can see the negative reaction..
5. Company has increased its equity 4 times in past 4 years(13 Cr to 57Cr)
6. Market Cap is 498Cr where as sales are Zero.
AVOID AVOID AVOID
==================================================
Would Suggest you to buy "Jayant Agro"
CMP: 40 Market Cap: 60Cr Divident: Rs1.25 Sales: 808Cr
Promoters bought 103000 shares on Dec 17,2008 from the open market
- Castor Oil has an inelastic demand.(Demand is more than supply)
- India exports 90% of all castor oil in the world.
- Castor oil is used in "Perfumes",Pharmaceuticals, Paints, High performance plastics
It is the only oil that has the properties like crude oil (viscocity)
its 3 times as expensive as any other vegetable oil.
Company has recently setup a Sebacic Acid Plant in Gujarat and I expect the company profits to double once the plant is operational
Japanese company ITOH Oil Chemical company has 4% stake in Jayant agro at Rs 100 per share.
Castor is in high demand. Please check out "Biotor" a private company in India where Morgan Stanley invested 182Cr for a minority stake..
here is the link:
ht tp: //w ww .thehin dubusinessline. com /2008/12/24/stories/200812 2450831000.h tm
==========================
Worth investing for sure..
=happy investing & Happy New Year.
Hi Kadiyali, I`m new to FnO and lost considerably last year.
Recently, i thought of going on NIFTY only and made decent profits going from 2820 to 3120. Today, i started acuumulating 2 lots of Nifty at 3080 and 3000 and trapped there.
What do you suggest, just to get out of it at the first trade/good price on Friday or hold it for Monday or next week?...
In reply to:
stbt : nifty fut.
Posted by : kadiyali
Kushal,
I had asked you to get out of puts wherever you have made profits
only due to two reasons - 1) you can invest the profits into Satyam
at such a panic price 2) Friday we wil have a gap up in nifty in
the beginning, though negative close is certain. One should not
burden himself with so many positions on hand. As & when profits
acrrue, get out of position & remain with clean slate.
Further, I am happy today not because I made good profits today,
but because I was able to maintain my record of not losing in
intraday NF trading even for a single trade, for OPTIONs too. Rgrds.
Tracked by: 0 Boarder
Thank you very much dear vam.
The best recognition according to me is the words of appreciation from friends like you.Nothing else matters
Regards...
In reply to:
Stage is set for indian markets - investors beware traders enjoy (with caution)
Posted by : vam_aru
dear Googol,
Congrats, you are BOD for today... keep it up.
Tracked by: 0 Boarder
This is 26/11 equivalent, in Indian corporate governance history....
In reply to:
Raamdeo Agrawal says fraud could be to tune of Rs 7k cr
Posted by : MMB Messenger
Raamdeo Agrawal, Director and Co-founder, Motilal Oswal Securities feels that it is likely that Satyam’s cost of operations would have been significantly higher in the last five-six years. Most important thing is to save clients interest now and government should do everything to protect investor interest, he added.
