Monday, February 28, 2011

STOPLOSS OF KRBL TRIGERRED

ON 28.02.10 WE RECOMMENDED TO BUY KRBL AT CMP OF 23.80 WITH A STOPLOSS OF 22.80 FOR A TARGET OF 25.20, 25.90 AND 26.40. STOPLOSS OF 22.80 TRIGERRED.

BUY KRBL AT CMP OF 23.80 WITH A STOPLOSS OF 22.80

WE RECOMMEND TO BUY KRBL AT CMP OF 23.80 WITH A STOPLOSS OF 22.80 FOR A TARGET OF 25.20, 25.90 AND 26.40.

BUY TTK PRESTIGE AT CMP OF 1710 WITH A STOPLOSS OF 1648

WE RECOMMEND TO BUY TTK PRESTIGE AT CMP OF 1710 WITH A STOPLOSS OF 1648 FOR A TARGET OF 1782, 1827 AND 1846.

BUY YES BANK AT CMP OF 260 WITH A STOPLOSS OF 243

WE RECOMMEND TO BUY YES BANK AT CMP OF 260 WITH A STOPLOSS OF 243 FOR A TARGET 278, 286 AND 291.

BUY AUROBINDO PHARMA AT CMP 171 WITH A STOPLOSS OF 156

WE RECOMMEND TO BUY AUROBINDO PHARMA AT CMP 171 WITH A STOPLOSS OF 156 FOR A TARGET OF 187, 193 AND 198.

BUY CENTRAL BANK AT CMP OF 153.35 WITH A STOPLOSS OF 143

WE RECOMMEND TO BUY CENTRAL BANK AT CMP OF 153.35 WITH A STOPLOSS OF 143 FOR A TARGET OF 163, 168 AND 173.

BUY EVERONN AT CMP OF 573 WITH A STOPLOSS OF 540

WE RECOMMEND TO BUY EVERONN AT CMP OF 573 WITH A STOPLOSS OF 540 FOR A TARGET OF 597, 622, 641 AND 658.

BUY LIC HOUSING AT CMP OF 189 WITH A STOPLOSS OF 178

WE RECOMMEND TO BUY LIC HSG AT CMP OF 189 WITH A STOPLOSS OF 178 FOR A TARGET OF 197, 203 AND 212.

BUY ABAN AT CMP OF 554 WITH A STOPLOSS OF 534

WE RECOMMEND TO BUY ABAN AT CMP OF 554 WITH A STOPLOSS OF 534 FOR A TARGET OF 583, 596 AND 612.

HOLD SILVER AT $32.90 WITH A STOPLOSS OF $31.40

WE RECOMMEND TO BUY OR HOLD SILVER AT CMP OF $32.90 WITH A STOPLOSS OF $31.40 FOR A TARGET OF $34.33, 34.72, $35.28 AND $36.18.

STOPLOSS OF MPHASIS TRIGERRED

ON 25.02.11 WE RECOMMENDED TO BUY MPHASIS AT CMP OF 462 WITH A STOPLOSS OF 440 FOR A TARGET OF 488, 503, 522 AND 544. STOPLOSS OF 440 TRIGERRED.

Friday, February 25, 2011

BUY MPHASIS AT CMP OF 462 WITH A STOPLOSS OF 440

WE RECOMMEND TO BUY MPHASIS AT CMP OF 462 WITH A STOPLOSS OF 440 FOR A TARGET OF 488, 503, 522 AND 544.

STOPLOSS OF KRBL TRIGERRED

ON 24.02.11 WE RECOMMENDED TO BUY KRBL AT CMP OF 25.50 WITH A STOPLOSS OF 24.25 FOR A TARGET OF 26.70, 27.35 AND 27.85. OUR STOPLOSS OF 24.25 TRIGERRED.

RAKESH JHUNJHUNWALA SOLD PUNJ LLOYD

ON 23.02.11 RAKESH JHUNJHUNWALA SOLD 2650000 SHARES OF PUNJ LLOYD @ 65.29.

RAKESH JHUNJHUNWALA SOLD ORCHID CHEMICALS

ON 24.02.11 RAKESH JHUNJHUNWALA SOLD 600000 SHARES OF ORCHID CHEM @ 274.55 AND MERILL LYNCH SOLD 562000 SHARES @ 264.69.

Thursday, February 24, 2011

STOPLOSS OF BHUSHAN STEEL & UFLEX TRIGERRED

ON 17.02.11 WE RECOMMENDED TO BUY BHUSHAN STEEL ABOVE 408 WITH A STOPLOSS OF 385 FOR A TARGET OF 433, 448 AND 454. STOPLOSS OF 385 TRIGERRED.

ON 17.02.11 WE RECOMMENDED TO BUY UFLEX AT CMP OF 160 WITH A STOPLOSS OF 146 FOR A TARGET OF 169, 174 AND 183. STOPLOSS OF 146 TRIGERRED.

4TH BINGO! TITAN ACHIEVED OUR THIRD TARGET OF 3256

ON 24.02.11 IN F&O WE RECOMMENDED TO SHORT TITAN AT CMP OF 3445 WITH A STOPLOSS OF 3500 FOR A TARGET OF 3366, 3312, 3256 AND 3222. OUR THIRD TARGET OF 3256 ACHIEVED. BINGO AGAIN! A PROFIT OF RS. 23625 ON ONE LOT.

WE HAVE EXITED ALL POSITIONS AT MARKET RATES AS NIFTY HAS GIVEN SELL SIGNAL

WE HAVE EXITED ALL LONG POSITIONS ON 21.02.11 12:30P.M. NIFTY LEVELS OF 5435.80. LOSS OF 4.93% INCURRED. WE R UPDATING IT LATE SINCE ALL OUR PAID CLIENTS SAYS NOT TO UPLOAD THE SIGNAL IN TIME OTHERWISE, THERE IS NO USE OF SUBSCRIPTION.

BUY BGR ENERGY AT CMP OF 460 WITH A STOPLOSS OF 440

WE RECOMMEND TO BUY BGR AT CMP OF 460 WITH A STOPLOSS OF 440 FOR A TARGET OF 483, 492 AND 498.

TRIPLE BINGO! CORE PROJECTS REACHED OUR FIRST TARGET OF 281

ON 24.02.11 IN F&O WE RECOMMENDED TO SHORT CORE PROJECTS AT CMP OF 296 WITH A STOPLOSS OF 310 FOR A TARGET OF 281, 273, 266 AND 260.

DOUBLE BINGO! TITAN REACHED OUR SECOND TARGET OF 3312

ON 24.02.11 IN F&O WE RECOMMENDED TO SHORT TITAN AT CMP OF 3445 WITH A STOPLOSS OF 3500 FOR A TARGET OF 3366, 3312, 3256 AND 3222. OUR SECOND TARGET OF 3312 ACHIEVED. BINGO AGAIN! A PROFIT OF RS.16625 ON ONE LOT.

BINGO! TITAN REACHED OUR FIRST TARGET OF 3366

ON 24.02.11 IN F&O WE RECOMMENDED TO SHORT TITAN AT CMP OF 3445 WITH A STOPLOSS OF 3500 FOR A TARGET OF 3366, 3312, 3256 AND 3222. OUR FIRST TARGET OF 3366 ACHIEVED. BINGO!

SHORT CORE PROJECTS AT CMP OF 296 WITH A STOPLOSS OF 310

IN F&O WE RECOMMEND TO SHORT CORE PROJECTS AT CMP OF 296 WITH A STOPLOSS OF 310 FOR A TARGET OF 281, 273, 266 AND 260.

SHORT TITAN AT CMP OF 3445 WITH A STOPLOSS OF 3500

IN F&O WE RECOMMEND TO SHORT TITAN AT CMP OF 3445 WITH A STOPLOSS OF 3500 FOR A TARGET OF 3366, 3312, 3256 AND 3222.

LOWER LEVELS IN NIFTY POSSIBLE

IF NIFTY DOESN'T CROSSES 5600(CLOSING BASIS) THEN LOWER LEVELS SEEN IN NIFTY R 5056 AND 4818.

BUY JUBILANT ORGANICS AT CMP OF 167 WITH A STOPLOSS OF 158

WE RECOMMEND TO BUY JUBILANT AT CMP OF 167 WITH A STOPLOSS OF 158 FOR A TARGET OF 178, 183 AND 189.

BUY SHOPERSTOP AT CMP OF 335 WITH A STOPLOSS OF 320

WE RECOMMEND TO BUY SHOPERSTOP AT CMP OF 335 WITH A STOPLOSS OF 320 FOR A TARGET OF 349, 356 AND 363.

BUY TRIL AT CMP OF 255 WITH A STOPLOSS OF 235

WE RECOMMEND TO BUY TRIL AT CMP OF 255 WITH A STOPLOSS OF 235 FOR A TARGET OF 278, 286 AND 294.

BUY KRBL AT CMP OF 25.50 WITH A STOPLOSS OF 24.25

WE RECOMMEND TO BUY KRBL AT CMP OF 25.50 WITH A STOPLOSS OF 24.25 FOR A TARGET OF 26.70, 27.35 AND 27.85.

BUY AUROBINDO PHARMA AT CMP 176 WITH A STOPLOSS OF 166

WE RECOMMEND TO BUY AURO PHARMA AT CMP OF 176 WITH A STOPLOSS OF 166 FOR A TARGET OF 188, 193, 198 AND 204.

Tuesday, February 22, 2011

TRIPLE BINGO! GOLD ACHIEVED OUR THIRD TARGET OF $1412

ON 15.02.11 WE RECOMMENDED  TO BUY GOLD ABOVE $1376 FOR A TARGET OF $1388, $1396 AND $1412.OUR FIRST AND SECOND TARGETS ACHIEVED. BINGO AGAIN. NOW NEXT TARGETS R $1428, $1443 AND $1462.

DOUBLE BINGO! SILVER ACHIEVED OUR FIRST LONG TERM TARGET OF $34

ON 15.02.11 WE RECOMMENDED THAT SILVER HAS CROSSED ITS 78.6% RETRACMENT AT $30.29. NOW IT IS ALL ABOVE ITS RESISTANCES. WE RECOMMEND TARGETS OF $31.22, $31.48 AND $ 31.92. HOWEVER, LONG TERM TARGETS R $34, $36.40, $38.20 AND $42. OUR FIRST, SCOND AND THIRD TARGETS ACHIEVED. BINGO! NOW NEXT SHORT TERM TARGETS R $32.88, $33.18 AND $33.32. OUR FIRST LONGTERM TARGET OF $34 ACHIEVED TODAY. BINGO AGAIN!

BINGO! ACHIEVED ALL OUR NEW SHORT TERM TARGETS ALSO

ON 21.02.11 WE SAID THAT "ON 15.02.11 WE RECOMMENDED THAT SILVER HAS CROSSED ITS 78.6% RETRACMENT AT $30.29. NOW IT IS ALL ABOVE ITS RESISTANCES. WE RECOMMEND TARGETS OF $31.22, $31.48 AND $ 31.92. HOWEVER, LONG TERM TARGETS R $34, $36.40, $38.20 AND $42. OUR FIRST, SCOND AND THIRD TARGETS ACHIEVED. BINGO! NOW NEXT SHORT TERM TARGETS R $32.88, $33.18 AND $33.32." OUR ALL NEW SHORT TERM TARGETS ACHIEVED.

Monday, February 21, 2011

DOUBLE BINGO! GOLD REACHED OUR FIRST AND SECOND TARGETS

ON 15.02.11 WE RECOMMENDED  TO BUY GOLD ABOVE $1376 FOR A TARGET OF $1388, $1396 AND $1412.OUR FIRST AND SECOND TARGETS ACHIEVED. BINGO AGAIN.

BINGO! SILVER ACHIEVED ALL OUR SHORT TERM TARGETS

ON 15.02.11 WE RECOMMENDED THAT SILVER HAS CROSSED ITS 78.6% RETRACMENT AT $30.29. NOW IT IS ALL ABOVE ITS RESISTANCES. WE RECOMMEND TARGETS OF $31.22, $31.48 AND $ 31.92. HOWEVER, LONG TERM TARGETS R $34, $36.40, $38.20 AND $42. OUR FIRST, SCOND AND THIRD TARGETS ACHIEVED. BINGO! NOW NEXT SHORT TERM TARGETS R $32.88, $33.18 AND $33.32

Friday, February 18, 2011

BUY TRUCK LOAD AT MARKET AS NIFTY BUY SIGNAL HAS COME

OUR BUY SIGNAL IN NIFTY HAS COME. WE SUGGEST TO BUY AT MARKET.

BUY HANUNG AT CMP OF 226 WITH A STOPLOSS OF 210

WE RECOMMEND TO BUY HANUNG TOYS AT CMP OF 226 WITH A STOPLOSS OF 210 FOR A TARGET OF 243, 249 AND 256.

Thursday, February 17, 2011

BUY BHUSHAN STEEL ABOVE 408 WITH A STOPLOSS OF 385

WE RECOMMEND TO BUY BHUSHAN STEEL ABOVE 408 WITH A STOPLOSS OF 385 FOR A TARGET OF 433, 448 AND 454.

BUY UFLEX AT CMP OF 160 WITH A STOPLOSS OF 146

WE RECOMMEND TO BUY UFLEX AT CMP OF 160 WITH A STOPLOSS OF 146 FOR A TARGET OF 169, 174 AND 183.

A RETURN OF ABOUT 120% IN JUST 8 MONTHS

OUR RECOMMENDATIONS WHICH WERE STARTED FROM 01.07.10 HAS GIVEN ABOUT 120% RETURN IN JUST 8 MONTHS. I HOPE OUR READERS R ALSO EARNING HANDSOMELY WITH OUR RECOMMENDATIONS. JAI MATA DI. CLICK HERE TO VIEW.

BINGO! IVRCL INFRA REACHED OUR SECOND TARGET OF 78

ON 09.02.11 WE RECOMMENDED TO BUY IVRCL INFRA AT CMP OF 64 WITH A STOPLOSS OF 58 FOR A TARGET OF 74, 78 AND 84. OUR SECOND TARGET OF 78 ACHIEVED TODAY. BINGO!

Wednesday, February 16, 2011

BINGO! JINDAL POLY REACHED OUR FIRST TARGET OF 498

TODAY WE RECOMMENDED TO BUY JINDAL POLY ABOVE 480 WITH A STOPLOSS OF 460 FOR A TARGET OF 498, 512 AND 527. OUR FIRST TARGET OF 498 ACHIEVED. BINGO!

BUY JINDAL POLY ABOVE 480 WITH A STOPLOSS OF 460

WE RECOMMEND TO BUY JINDAL POLY ABOVE 480 WITH A STOPLOSS OF 460 FOR A TARGET OF 498, 512 AND 527.

BUY CORE PROJECTS AT CMP OF 295 WITH A STOPLOSS OF 280

WE RECOMMEND TO BUY CORE AT CMP OF 295 WITH A STOPLOSS OF 280 FOR A TARGET OF 314, 323 AND 338.

BUY ORCHID CHEM AT CMP OF 295 WITH A STOPLOSS OF 287

WE RECOMMEND TO BUY ORCHID CHEM AT CMP OF 295 WITH A STOPLOSS OF 287 FOR A TARGET OF 304, 309 AND 314.

BUY LIC HOUSING AT CMP OF 190 WITH A STOPLOSS OF 183

WE RECOMMEND TO BUY LIC HOUSING FINANCE AT CMP OF 190.60 WITH A STOPLOSS OF 183 FOR A TARGET OF 208, 214 AND 219.

Tuesday, February 15, 2011

BUY GOLD ABOVE $1376

WE RECOMMEND TO BUY GOLD ABOVE $1376 FOR A TARGET OF $1388, $1396 AND $1412.

SILVER IN BULLISH ZONE AGAIN

SILVER HAS CROSSED ITS 78.6% RETRACMENT AT $30.29. NOW IT IS ALL ABOVE ITS RESISTANCES. WE RECOMMEND TARGETS OF $31.22, $31.48 AND $ 31.92. HOWEVER, LONG TERM TARGETS R $34, $36.40, $38.20 AND $42.

Monday, February 14, 2011

13TH BINGO! ABAN REACHED OUR FIRST TARGET OF 588

ON 09.02.11 WE RECOMMENDED TO ABAN AT CMP OF 525 WITH A STOPLOSS OF 480 FOR A TARGET OF 588 AND 623. OUR FIRST TARGET OF 588 ACHIEVED TODAY. BINGO!

12TH BINGO! DENA BANK REACHED OUR SECOND TARGET OF 97

ON 09.02.11 WE RECOMMENDED TO BUY DENA BANK AT CMP OF 89 WITH A STOPLOSS OF 86 FOR A TARGET OF 94 AND 97. OUR SECOND TARGET OF 97 ACHIEVED TODAY. BINGO!

BINGO 11TH TIME! NIFTY REACHED OUR THIRD TARGET OF 5422

ON 09.02.11 WE RECOMMENDED TO BUY NIFTY AT 5250 WITH A STOPLOSS OF 5180 FOR A TARGET OF 5346, 5389 AND 5422. OUR THIRD TARGET OF 5422 ACHIEVED TODAY. BINGO!

BINGO 10TH TIME! SREI INFRA REACHED OUR SECOND TARGET

ON 09.02.10 WE RECOMMENDED TO BUY SREI INFRA AT CMP OF 72.50 WITH A STOPLOSS OF 69 FOR TARGET OF 76 AND 79.  OUR FIRST TARGET OF 79 ACHIEVED TODAY WHICH IS EQUIVALANT TO 43.90 EX-BONUS. BINGO! AGAIN.

BINGO 9TH TIME! NIFTY REACHED OUR SECOND TARGET OF 5389

ON 09.02.11 WE RECOMMENDED TO BUY NIFTY AT 5250 WITH A STOPLOSS OF 5180 FOR A TARGET OF 5346, 5389 AND 5422. OUR SECOND TARGET OF 5389 ACHIEVED TODAY. BINGO!

BINGO 8TH TIME! AUTOLINE REACHED OUR SECOND TARGET

ON 09.02.11 WE RECOMMENDED TO BUY AUTOLINE AT CMP OF 155 WITH A STOPLOSS OF 144 FOR A TARGET OF 159 AND 164. OUR SECOND TARGET OF 164 ACHIEVED TODAY. BINGO AGAIN!

BINGO 7TH TIME! CENTRAL BANK REACHED OUR FIRST, SECOND & THIRD TARGET

ON 09.02.11 WE RECOMMENDED TO BUY CENTRAL BANK AT CMP OF 142.50 WITH A STOPLOSS OF 138 FOR A TARGET OF 148, 154 AND 158. ALL OUR TARGETS ACHIVED TODAY. BINGO HI BINGO!

BINGO 6TH TIME! PROVOGUE REACHED OUR FIRST TARGET OF 39

ON 09.02.11 WE RECOMMENDED TO BUY PROVOGUE AT CMP OF 35 WITH A STOPLOSS OF 32 FOR A TARGET OF 39 AND 42. OUR FIRST TARGET OF 39 ACHIEVED TODAY. BINGO!

BINGO 5TH TIME! DENA BANK REACHED OUR FIRST TARGET OF 94

ON 09.02.11 WE RECOMMENDED TO BUY DENA BANK AT CMP OF 89 WITH A STOPLOSS OF 86 FOR A TARGET OF 94 AND 97. OUR FIRST TARGET OF 94 ACHIEVED TODAY. BINGO!

BINGO ALL THE WAY! REL INFRA REACHED OUR THIRD TARGET OF 619

ON 09.02.11 WE RECOMMENDED TO BUY REL INFRA AT CMP OF 532 WITH A STOPLOSS OF 490 FOR A TARGET OF 582, 598 AND 619. OUR FINAL TARGET OF 619 ACHIEVED TODAY. BINGO ALL THE WAY!.

TRIPLE BINGO! MAN INFRA REACHED OUR FIRST AND SECOND TARGET

ON 09.02.11 WE RECOMMENDED TO BUY MAN INFRA AT CMP OF 127 WITH A STOPLOSS OF 115 FOR A TARGET OF 143 AND 148. BOTH OUR TARGETS ACHIEVED TODAY. BINGO ONCE MORE!

DOUBLE BINGO! AUTOLINE REACHED FIRST TARGET OF 159

ON 09.02.11 WE RECOMMENDED TO BUY AUTOLINE AT CMP OF 155 WITH A STOPLOSS OF 144 FOR A TARGET OF 159 AND 164. OUR FIRST TARGET OF 159 ACHIEVED TODAY. BINGO AGAIN!

BINGO! NIFTY REACHED OUR FIRST TARGET OF 5346

ON 09.02.11 WE RECOMMENDED TO BUY NIFTY AT 5250 WITH A STOPLOSS OF 5180 FOR A TARGET OF 5346, 5389 AND 5422. OUR FIRST TARGET OF 5346 ACHIEVED TODAY. BINGO!

Saturday, February 12, 2011

NIFTY RALLY FROM 2008 TO 2010 BASED ON ELLIOT WAVE

ON WEEKLY CHARTS WE HAVE NOW GIVEN THE ELLIOT WAVE ANALYSIS WHICH STARTED WITH WAVE-1 FROM A LOW OF 2539.45 ON 08.03.2009 TO A HIGH OF 4693.20 ON 14.06.09, WAVE-2 THEN ENDS AT A LOW OF 3918.75 ON 19.07.2009, WAVE-3 MADE AN INTERMEDIATE HIGH AT 6338.50 ON 07.11.2010.

WE STRONGLY BELIEVE THAT NIFTY SHOULD NOT BREAK THE LEVEL OF 5000. EVERY ANALYIST ON THE STREET IS EXTREMELY BEARISH AS THEY WERE BULLISH WHEN NIFTY WAS AT 6300.

WE BELIEVE THAT WE R IN WAVE-3 WHICH SHOULD PEAK AROUND 7500 LEVELS.

NIFTY RALLY FROM 2003 TO 2008 BASED ON ELLIOT WAVE

 WE HAVE GIVEN THE COMPLETE ELLIOT WAVE ANALYSIS OF THE BULL RALLY FROM 2003 TO 2008. CHART OF WAVE-1, WAVE-2, WAVE-3, WAVE-4, WAVE-5 R ENCLOSED FOR UR CONVENIENCE. CLICK ON THE CHARTS AND SEE THE DETAILS.
 ON WEEKLY CHARTS WAVE-1 STARTED FROM A LOW OF 920 ON 04.05.2003 TO A HIGH OF 2014.65 ON 11.01.04, WAVE-2 ENDS AT A LOW ON 23.05.2004 OF 1292.20, WAVE-3 ENDS WITH A HIGH OF 3774.15 ON 14.05.2006, WAVE-4 ENDS AT A LOW OF 2595.65 ON 18.06.2006, WAVE-5 THEN ENDS AT A HIGH OF 6357.10 ON 13.01.2008. THEN CORRECTIVE WAVE OF A,B,C, STARTED WHICH ENDS AT 2252.75 ON 02.11.2008.



Thursday, February 10, 2011

BINGO ALL THE WAY! UNITY INFRA REACHED OUR FIRST TARGET

ON 09.02.10 WE RECOMMENDED TO BUY UNITY INFRA AT CMP OF 62 WITH A STOPLOSS OF 59 FOR TARGET OF 66 AND 69. OUR FIRST TARGET OF 66 ALMOST ACHIEVED TODAY. TODAYS HIGH IS 65.90.  BINGO! ALL THE WAY.

TRIPLE BINGO! SREI INFRA REACHED OUR FIRST TARGET OF 76 (EQUIVALANT TO 42.25)

ON 09.02.10 WE RECOMMENDED TO BUY SREI INFRA AT CMP OF 72.50 WITH A STOPLOSS OF 69 FOR TARGET OF 76 AND 79.  OUR FIRST TARGET OF 76 ACHIEVED TODAY WHICH IS EQUIVALANT TO 42.25 EX-BONUS. BINGO! AGAIN.

DOUBLE BINGO! REL COMM REAHCED OUR FIRST TARGET OF 100

ON 09.02.10 WE RECOMMENDED TO BUY REL COMM AT CMP OF 94 WITH A STOPLOSS OF 88 FOR TARGET OF 100, 104 AND 109. OUR FIRST TARGET OF 100 ACHIEVED TODAY. BINGO! ONCE MORE.

BINGO! REL INFRA REACHED OUR FIRST AND SECOND TARGET

REL INFRA REACHED OUR FIRST AND TARGET OF 582 AND 598 WHILE STOPLOSS OF DIAMOND POWER AT 138 TRIGERRED. BINGO! ANYWAY.

Wednesday, February 09, 2011

NIFTY IS TAKING A BLOOD BATH

NIFTY IS TAKING A BLOOD BATH BUT WE ARE ENJOYING AS WE HAVE ALREADY EXITED ALL OUR POSITION ON 10.01.2011 AT 10:30 A.M. WHEN NIFTY WAS AT 5883.10. NOW NIFTY IS AT 5253.55.

HOWEVER, WE THINK THAT EITHER CORRECTION OR RALLY CAN NEVER GO ON IN A SINGLE DIRECTION. IT HAS TO PAUSE AND RETRACE A LITTLE BIT SO THAT IT AGAIN GAIN MOMENTUM IN THE DIRECTION IT WAS ALREADY GOING.

HERE, WE WOULD LIKE TO STATE THAT NIFTY IS LOOKING HUGELY HUGELY OVERSOLD. WE EXPECT A DEAD CAT BOUNCE WHICH CAN TAKE NIFTY TO 5346, 5389 AND 5422 WITH A STOPLOSS OF 5180.

U CAN ALSO LOOK AT INDIVIDUAL STOCKS:
1. IVRCL INFRA - 64 SL 58 T 73, 78, 84
2. UNITY INFRA - 62 SL 59 T 66, 69
3. MAN INFRA - 127 SL 115 T 143, 148
4. ABAN - 525 SL 480 T 588, 623
5. AUTOLINE - 151 SL 144 T 159, 164
6. REL INFRA - 532 SL 490 T 582, 598, 619
7. RCOM - 94 SL 88 T 100, 104, 109
8. DIAPOWER - 145 SL 138 T 154, 159
9. PROVOUGUE - 35 SL 32 T 39, 42
10.SREI INFRA - 72.50 SL 69 T 76, 79
11.DENA BANK - 89 SL 86 T 94, 97
12.CENTRAL BANK - 142.50 SL 138 T 148, 154, 158

SAGA OF AN INVESTOR



Tuesday, February 08, 2011

POWER OF OUR STRATEGY OF INVESTING

ONE MORE FACT, WHY U SHOULD INVEST IN OUR STRATEGY OF INVESTING IS THAT THE NIFTY HAS INFACT GIVEN A -VE RETURN i.e. NIFTY AS ACTUALLY LOST -654 POINTS SINCE 24.12.07 TO 08.02.11 BUT WE HAVE ACTUALLY EARNED 2384 POINTS IN NIFTY. THE SAME TREND IS ALSO VISIBLE IN INDIVIDUAL SCRIPS ALSO. CLICK ON PICTURE ON THE LEFT SIDE AND SEE URSELF.

IT SHOWS THAT IF U HAVE BOUGHT SAY ABAN ON 24.11.07 AT RS. 4865 THINKING IT TO BE A BLUE-CHIP SCRIP THEN U HAVE MADE AN ACTUAL LOSS OF RS. 4247 PER SHARE AS ON 08.02.2011, SINCE THE CMP OF ABAN IS RS. 618.00.

BUT IF U HAVE STICK TO OUR STRATEGY THEN U HAVE ACTUALLY MADE A PROFIT OF RS. 1048 PER SHARE. AN OUTPERFORMANCE OF RS. 5295 PER SHARE.

CONCLUSION: THERE IS NOTHING LIKE LONG TERM. THE ONLY THING WHICH IS WORTH IN STOCK MARKET IS THE MONEY U ACTUALLY EARNED AND NOT THE NOTIONAL EARNINGS.






Saturday, February 05, 2011

NIFTY IS EXACTLY PLACED AT 61.8% RETRACEMENT

NIFTY IS EXACTLY PLACED AT 61.8% RETRACEMENT OF THE ENTIRE RALLY WHICH STARTED ON 30.05.10 WITH A NIFTY LOW OF 4786.45 TO 07.11.10 NIFTY HIGH OF 6338.50. 61.8% RETRACEMENT COMES TO 5378.34 AND NIFTY MADE A LOW OF 5369.05. WE THINK NIFTY WILL HOLD THIS LEVEL + - 50POINTS.

WE SUGGEST THAT BRAVE-HEART TRADERS CAN BUY NIFTY AT CURRENT LEVELS OF 5395 WITH A STOPLOSS OF 5100(LAST RETRACEMENT OF 78.6%) FOR TARGET OF 5750, 5888, 6023, 6149 AND 6328 (3-6 MTHS).

Friday, February 04, 2011

NIFTY ALWAYS MADE HIGHER TOP AND HIGHER BOTTOM SINCE 28.10.08

SINCE 28TH OCTOBER, 2008 NIFTY HAS ALWAYS MADE HIGHER HIGH AND HIGHER BOTTOM. MOREOVER, NIFTY HIGHER LOW NEVER BROKEN THE PREVIOUS HIGHER LOW MADE - A TYPICAL SIGN OF A BULL MARKET.

LOW MADE  : 27.10.08 NIFTY 2252.75
HIGHER TOP : 05.11.08 NIFTY 3240.55
HIGHER LOW: 20.11.08 NIFTY 2502.90
HIGHER TOP : 12.06.09 NIFTY 4693.20
HIGHER LOW: 13.07.09 NIFTY 3918.75
HIGHER TOP : 20.10.09 NIFTY 5181.95
HIGHER LOW: 03.11.09 NIFTY 4538.50
HIGHER TOP : 06.01.10 NIFTY 5310.85
HIGHER LOW: 08.02.10 NIFTY 4675.40
HIGHER TOP : 07.04.10 NIFTY 5399.65
HIGHER LOW: 25.05.10 NIFTY 4786.45
HIGHER TOP : 23.08.10 NIFTY 5549.80
HIGHER LOW: 31.08.10 NIFTY 5348.90
HIGHER TOP : 07.11.10 NIFTY 6338.50

NOW THE CRUCIAL POINT IS IF THE HIGHER LOW OF 5348.90. IF THIS DOESNOT HOLD THEN ALL HELL WILL BREAK LOOSE AND NIFTY CAN GO BACK TO 5100 AND THEN 4750.

EXIT ALL POSITIONS AT NIFTY 5415

EXIT ALL OPEN POSITIONS AT MARKET

EXIT ALL OPEN POSITIONS IF NIFTY CLOSES BELOW 5415

EXIT ALL OPEN POSITIONS IF NIFTY GOES BELOW 5400 IN INTRADAY OR IT CLOSES BELOW 5415.

BINGO 7TH TIME! LIC HOUSING REACHED OUR SECOND TARGET OF 187

ON 02.02.11 WE RECOMMENDED TO BUY LIC HOUSING AT CMP OF 174.50 WITH A STOPLOSS OF 168 FOR A TARGET OF 183, 187 AND 192. OUR SECOND TARGET OF 187 ACHIEVED TODAY. BINGO!

BUY SHRIRAM TRANSPORT FIN AT CMP OF 674.10 WITH A STOPLOSS OF 650

WE RECOMMEND TO BUY SHRIRAM TRANSPORT FIN AT CMP OF 674.10 WITH A STOPLOSS OF 650 FOR TARGET OF 698, 708 AND 722.

BINGO FOR THE SIXTH TIME! JP ASSOCIATES REACHED OUR FIRST TARGET

ON 03.02.11 WE RECOMMENDED TO BUY JP ASSOCIATES AT CMP OF 81 WITH A STOPLOSS OF 74 FOR A TARGET OF 88, 94 AND 97. (INVEST FOR 1-3 MTHS). OUR FIRST TARGET ACHIEVED TODAY. BINGO!

BINGO HI BINGO! NIFTY REACHED OUR FOURTH TARGET OF 5538

ON 01.02.11 WE RECOMMENDED TO BUY NIFTY AT CMP OF 5408 WITH A STOPLOSS OF 5380 FOR A TARGET OF 5458, 5488 AND 5512. OUR THIRD TARGET OF 5512 ACHIEVED TODAY. BINGO! NOW IF NIFTY SUSTAINS ABOVE 5512 FOR HALF AN HOUR NEXT TARGETS WILL BE 5538, 5563 AND 5589. OUR FOURTH TARGET OF 5538 ACHIEVED TODAY. BINGO HI BINGO!

STOPLOSS OF ADSL AT 135 TRIGERRED. EXIT

TODAY WE RECOMMENDED TO BUY ADSL AT CMP OF 140 WITH A STOPLOSS OF 135 FOR A TARGET OF 153, 158 AND 164. STOPLOSS OF 135 TRIGERRED.

BINGO ALL THE WAY! LIC HOUSING REACHED OUR FIRST TARGET OF 183

ON 02.02.11 WE RECOMMENDED TO BUY LIC HOUSING AT CMP OF 174.50 WITH A STOPLOSS OF 168 FOR A TARGET OF 183, 187 AND 192. OUR FIRST TARGET OF 183 ACHIEVED TODAY. BINGO ALL THE WAY!

TRIPLE BINGO! JSW STEEL REACHED OUR FIRST TARGET OF 933

ON 03.02.11 WE RECOMMENDED TO BUY JSW STEEL AT CMP OF 910 WITH A STOPLOSS OF 880 FOR A TARGET OF 933, 954 AND 978. OUR FIRST TARGET OF 933 ACHIEVED TODAY. BINGO AGAIN!

BUY DIAMOND POWER AT CMP OF 171 WITH A STOPLOSS OF 165

WE RECOMMEND TO BUY DIAMOND POWER AT CMP OF 171 WITH A STOPLOSS OF 165 FOR A TARGET OF 178, 184 AND 189.

DOUBLE BINGO! JAIN IRRIGATION REACHED OUR THIRD TARGET OF 184

ON 02.02.11 WE RECOMMENDED TO BUY JAIN IRRIGATION AT CMP OF 162 WITH A STOPLOSS OF 154 FOR A TARGET OF 172, 178 AND 184. OUR THIRD TARGET OF 184 ACHIEVED TODAY. BINGO ONCE MORE!

BUY BAJAJ ELEC AT CMP OF 216 WITH A STOPLOSS OF 200

WE RECOMMEND TO BUY BAJAJ ELEC AT CMP OF 216 WITH A STOPLOSS OF 200 FOR A TARGET OF 236, 244 AND 249.

BUY ADSL AT CMP OF 140 WITH A STOPLOSS OF 135

WE RECOMMEND TO BUY ADSL AT CMP OF 140 WITH A STOPLOSS OF 135 FOR A TARGET OF 153, 158 AND 164.

BINGO! KALINDEE REACHED OUR FIRST TARGET OF 154

ON 03.02.11 WE RECOMMENDED TO BUY KALINDEE RAIL AT CMP OF 145 WITH A STOPLOSS OF 140 FOR A TARGET OF 154, 159 AND 163. OUR FIRST TARGET OF 154 ACHIEVED TODAY. BINGO!

BUY ABAN AT CMP OF 678 WITH A STOPLOSS OF 650

WE RECOMMEND TO BUY ABAN AT CMP OF 678 WITH A STOPLOSS OF 650 FOR A TARGET OF 704, 718 AND 736.

BUY ABG SHIP AT CMP OF 354.80 WITH A STOPLOSS OF 335

WE RECOMMEND TO BUY ABG SHIP AT CMP OF 354.80 WITH A STOPLOSS OF 335 FOR A TARGET OF 373, 384 AND 394.

Thursday, February 03, 2011

BUY BHUSHAN STEEL AT CMP OF 400 WITH A STOPLOSS OF 380

WE RECOMMEND TO BUY BHUSHAN STEEL AT CMP OF 400 WITH A STOPLOSS OF 380 FOR A TARGET OF 428, 442 AND 448.

BUY JSW STEEL AT CMP OF 910 WITH A STOPLOSS OF 880

WE RECOMMEND TO BUY JSW STEEL AT CMP OF 910 WITH A STOPLOSS OF 880 FOR A TARGET OF 933, 954 AND 978.

TRIPLE BINGO! REC REACHED OUR THIRD TARGET OF 264

ON 02.02.11 WE RECOMMENDEDED TO BUY REC AT CMP OF 244 WITH A STOPLOSS OF 238 FOR A TARGET OF 253, 258 AND 264. OUR THIRD TARGET OF 264 ACHIEVED TODAY. BINGO ONCE MORE!

DOUBLE BINGO! AUTOLINE REACHED FIRST TARGET OF 173

TODAY WE RECOMMENDED TO BUY AUTOLINE IND AT CMP OF 165.50 WITH A STOPLOSS OF 159 FOR A TARGET OF 173, 178 AND 184. OUR FIRST TARGET OF 173 ACHIEVED. BINGO AGAIN!

BUY KALINDEE RAIL AT CMP OF 145 WITH A STOPLOSS OF 140

WE RECOMMEND TO BUY KALINDEE RAIL AT CMP OF 145 WITH A STOPLOSS OF 140 FOR A TARGET OF 154, 159 AND 163.

BINGO! NIFTY REACHED OUR THIRD TARGET OF 5512

ON 01.02.11 WE RECOMMENDED TO BUY NIFTY AT CMP OF 5408 WITH A STOPLOSS OF 5380 FOR A TARGET OF 5458, 5488 AND 5512. OUR THIRD TARGET OF 5512 ACHIEVED TODAY. BINGO! NOW IF NIFTY SUSTAINS ABOVE 5512 FOR HALF AN HOUR NEXT TARGETS WILL BE 5538, 5563 AND 5589.

SELL SILVER AT CMP OF $28.29 WITH A STOPLOSS OF $ 29.30

WE RECOMMEND TO SELL SILVER AT CMP OF $28.29  WITH A STOPLOSS OF $ 29.30 FOR A TARGET OF $27.10, $26.06 AND $24.80. SILVER IS FACING RESISTANCE AT 61.8% OF ITS RETRACEMENT AT $28.59.

BUY GEODESIC AT CMP OF 78 WITH A STOPLOSS OF 75

WE RECOMMEND TO BUY GEODESIC AT CMP OF 78 WITH A STOPLOSS OF 75 FOR A TARGET OF 83, 84.80, 87.40 AND 89.30

BUY VALECHA ENGG AT CMP OF 113 WITH A STOPLOSS OF 100

WE RECOMMEND TO BUY VALECHA ENGG AT CMP OF 113 WITH A STOPLOSS OF 100 FOR A TARGET OF 123, 128 AND 134.

BUY JYOTI STRUCTURE AT CMP OF 100 WITH A STOPLOSS OF 95

WE RECOMMEND TO BUY JYOTI STRUCTURE AT CMP OF 100 WITH A STOPLOSS OF 95 FOR A TARGET OF 114, 118 AND 123. (INVEST FOR 1-3 MTHS).

BUY CANARA BANK AT CMP OF 567 WITH A STOPLOSS OF 540

WE RECOMMEND TO BUY CANARA BANK AT CMP OF 567 WITH A STOPLOSS OF 540 FOR A TARGET OF 598, 612 AND 636.

BUY NAGARJUNA CONS AT CMP OF 109 WITH A STOPLOSS OF 100

WE RECOMMEND TO BUY NAGARJUNA CONS AT CMP OF 109 WITH A STOPLOSS OF 100 FOR A TARGET OF 119, 124 AND 129. (INVEST FOR 1-3 MTHS)

BUY JP ASSOCIATES AT CMP OF 81 WITH A STOPLOSS OF 74

WE RECOMMEDN TO BUY JP ASSOCIATES AT CMP OF 81 WITH A STOPLOSS OF 74 FOR A TARGET OF 88, 94 AND 97. (INVEST FOR 1-3 MTHS).

BUY IVRCL INFRA AT CMP OF 74.90 WITH A STOPLOSS OF 69

WE RECOMMEND TO BUY IVRCL INFRA AT CMP OF 74.90 WITH A STOPLOSS OF 69  FOR A TARGET OF 83, 87, 93 AND 96. (INVEST FOR 1-3 MTHS).

BUY AUTOLINE IND AT CMP OF 165.50 WITH A STOPLOSS OF 159

WE RECOMMEND TO BUY AUTOLINE IND AT CMP OF 165.50 WITH A STOPLOSS OF 159 FOR A TARGET OF 173, 178 AND 184.

BUY VENKEYS AT CMP OF 593 WITH A STOPLOSS OF 560

WE RECOMMEND TO BUY VENKEYS AT CMP OF 593 WITH A STOPLOSS OF 560 FOR A TARGET OF 629, 643 AND 657.

Casino Royale resumed with immediate effect: Delta Corp

According to Hardik Dhebar CFO of Delta Corp "An order came from the home department regarding the casino operations. It was without any reasons or justification provided and on the grounds of natural justice, High Street, Delta’s subsidiary, was constrained to appeal before the administrative tribunal court at Goa. They issued an ad-interim stay against the home departments’ order affecting the casino operations. The casino operation on Casino Royale have resumed with immediate effect. We are back in normal business now."

Wednesday, February 02, 2011

BINGO ONCE MORE! REC REACHED OUR FIRST & SECOND TARGET

TODAY WE RECOMMENDED TO BUY REC AT CMP OF 244 WITH A STOPLOSS OF 238 FOR A TARGET OF 253, 258 AND 264. OUR FIRST AND SECOND TARGET OF 253 AND 258 ACHIEVED TODAY ITSELF. BINGO! FOR THE SIXTH TIME IN A SINGLE DAY.

BINGO HI BINGO! SREI INFRA REACHED OUR SECOND TARGET OF 85.40

ON 31.01.11 WE RECOMMENDED TO BUY SREI INFRA AT CMP OF 80.55 WITH A STOPLOSS OF 78 FOR A TARGET OF 83.80 AND 85.40. SREI INFRA REACHED OUR SECOND TARGET OF 85.40 TODAY. BINGO HI BINGO!

BINGO ALL THE WAY! NIFTY REACHED OUR SECOND TARGET OF 5488

ON 01.02.11 WE RECOMMENDED TO BUY NIFTY AT CMP OF 5408 WITH A STOPLOSS OF 5380 FOR A TARGET OF 5458, 5488 AND 5512. OUR SECOND TARGET OF 5488 ACHIEVED TODAY. BINGO ALL THE WAY!

BUY RECLTD AT CMP OF 244 WITH A STOPLOSS OF 238

WE RECOMMEND TO BUY REC AT CMP OF 244 WITH A STOPLOSS OF 238 FOR A TARGET OF 253, 258 AND 264.

TRIPLE BINGO! JAIN IRRIGATION REACHED OUR SECOND TARGET OF 178

TODAY WE RECOMMENDED TO BUY JAIN IRRIGATION AT CMP OF 162 WITH A STOPLOSS OF 154 FOR A TARGET OF 172, 178 AND 184. OUR SECOND TARGET OF 178 ACHIEVED TODAY. BINGO ONCE MORE!

BUY LIC HOUSING AT CMP OF 174.50 WITH A STOPLOSS OF 168

WE RECOMMEND TO BUY LIC HOUSING AT CMP OF 174.50 WITH A STOPLOSS OF 168 FOR A TARGET OF 183, 187 AND 192.

DOUBLE BINGO! JAIN IRRIGATION REACHED OUR FIRST TARGET

TODAY WE RECOMMENDED TO BUY JAIN IRRIGATION AT CMP OF 162 WITH A STOPLOSS OF 154 FOR A TARGET OF 172, 178 AND 184. OUR FIRST TARGET ACHIEVED TODAY. BINGO AGAIN!

BUY JAIN IRRIGATIONS AT CMP OF 162 WITH A STOPLOSS OF 154

WE RECOMMEND TO BUY JAIN IRRIGATION AT CMP OF 162 WITH A STOPLOSS OF 154 FOR A TARGET OF 172, 178 AND 184.

BINGO! NIFTY REACHED OUR FIRST TARGET OF 5458

ON 01.02.11 WE RECOMMENDED TO BUY NIFTY AT CMP OF 5408 WITH A STOPLOSS OF 5380 FOR A TARGET OF 5458, 5488 AND 5512. OUR FIRST TARGET OF 5458 ACHIEVED TODAY. BINGO!

Tuesday, February 01, 2011

DELTA CORP GETS LETTER FROM GOA GOVT TO CLOSE CASINO ROYALE

State Home Ministry issued its closure order on Monday evening.

Undersecretary (Home) V P Dangui in its order said that both the casinos flouted Goa Anti Gambling Act, which makes mandatory for the off shore casinos to have the license from DGS.

While Casino Royal is owned by Highstreet Cruises and Entertainment Private Limited, M V Arabian Sea King is owner by M/s Victor Hotels and Motels Private Limited.

In an earlier order, Government had asked shutting operations of another casino for violating laws.

“After the order, now any gambling activities on the vessel become unauthorized as the operations of slot machines and gaming tables have been asked to be stopped. The order has also been referred to state police, excise department and department of commercial taxes for the action from their side,” Dangui said adding that the two casinos were issued show cause notices on December 12, 2010.

Both managements had sought time, which was declined by the Home Ministry. State Ports Minister Nilkant Halarnkar had said that action would be taken against Casino Royale as it has been operating without mandatory license.

The Government, which granted licenses to seven off-shore casinos couple of years ago, in December 2010 said that off-shore casino vessels operating without trade licenses would be closed down immediately.

Department of Ports sources said that of the seven, only four off shore casinos - Casino Royale, Casino Pride, Casino Caravelha and Casino Carnival, are operational before the fresh announcement of closure.

BUY NIFTY AT CMP OF 5408 WITH A STOPLOSS OF 5380

WE NOW RECOMMEND TO BUY NIFTY AT CMP OF 5408 WITH A STOPLOSS OF 5380 FOR A TARGET OF 5458, 5488 AND 5512.

BINGO ALL THE WAY! SREI INFRA REACHED OUR FIRST TARGET

ON 31.01.11 WE RECOMMENDED TO BUY SREI INFRA AT CMP OF 80.55 WITH A STOPLOSS OF 78 FOR A TARGET OF 83.80 AND 85.40. SREI INFRA MADE A HIGH OF 83.75 THUS MEETING OUR FIRST TARGET. BINGO ALL THE WAY!

TRIPLE BINGO! CNX IT REACHED OUR FIRST TARGET OF 6912

ON 21.01.11 WE RECOMMENDED TO SELL CNX IT AT CMP OF 7250 WITH A STOPLOSS OF 7450 FOR A TARGET OF 6912 AND 6760. OUR FIRST TARGET OF 6912 ACHIEVED YESTERDAY. BINGO ONCE MORE!

DOUBLE BINGO! A2Z REACHED OUR FIRST AND SECOND TARGET

TODAY WE RECOMMENDED TO BUY A2Z AT CMP OF 270 WITH A STOPLOSS OF 260 FOR A TARGET OF 288, 297 AND 304. OUR FIRST & SECOND TARGET ACHIEVED WITHIN 10 MIN OF OUR RECOMMENDATION. BINGO AGAIN!

BUY A2Z MAINTAINANCE AT CMP OF 270 WITH A STOPLOSS OF 260

WE RECOMMEND TO BUY A2Z AT CMP OF 270 WITH A STOPLOSS OF 260 FOR A TARGET OF 288, 297 AND 304.

BINGO! KRBL REACHED OUR SECOND AND THIRD TARGET

ON 31.01.11 WE RECOMMENDED TO BUY AT CMP OF 31.10 WITH A STOPLOSS OF 29.80 FOR A TARGET OF 32.70, 33.60 AND 34.40. OUR SECOND AND THIRD OF 33.60 & 34.40 ACHIEVED TODAY. BINGO!