ON 23.05.12 WE RECOMMENDED TO BUY BATA FUTURES AT CMP OF 866 WITH A STOPLOSS OF 858 FOR A TARGET OF 873.80, 877.40 AND 883.80. OUR THIRD TARGET OF 883.80 ACHIEVED TODAY. BINGO!
Friday, May 25, 2012
BUY SHRIRAM TRANSPORT FUTURES ABOVE 493 WITH A STOPLOSS OF 488
WE RECOMMEND TO BUY SHRIRAM TRANSPORT FUTURES ABOVE 493 WITH A STOPLOSS OF 488 FOR A TARGET OF 498.80, 503.40 AND 508.80.
BUY VIP FUTURES AT CMP OF 82.75 WITH A STOPLOSS OF 81
WE RECOMMEND TO BUY VIP FUTURES AT CMP OF 82.75 WITH A STOPLOSS OF 81 FOR A TARGET OF 84.80, 85.40 AND 86.80.
Thursday, May 24, 2012
5TH BINGO! TATA MOTORS FUTURES REACHED OUR THIRD TARGET OF 268.80
ON 23.05.12 WE RECOMMENDED TO BUY TATA MOTORS FUTURES AT CMP OF 262.80 WITH A STOPLOSS OF 260 FOR A TARGET OF 265.80, 267.40 AND 268.80. OUR THIRD TARGET OF 268.80 ACHIEVED TODAY. BINGO AGAIN! NOW NEXT TARGETS R 270.40, 271.80 AND 273.40.
4TH BINGO! TATA MOTORS FUTURES REACHED OUR SECOND TARGET OF 267.40
ON 23.05.12 WE RECOMMENDED TO BUY TATA MOTORS FUTURES AT CMP OF 262.80 WITH A STOPLOSS OF 260 FOR A TARGET OF 265.80, 267.40 AND 268.80. OUR SECOND TARGET OF 267.40 ACHIEVED TODAY. BINGO AGAIN!
3RD BINGO! TATA MOTORS FUTURES REACHED OUR FIRST TARGET OF 265.80
ON 23.05.12 WE RECOMMENDED TO BUY TATA MOTORS FUTURES AT CMP OF 262.80 WITH A STOPLOSS OF 260 FOR A TARGET OF 265.80, 267.40 AND 268.80. OUR FIRST TARGET OF 265.80 ACHIEVED TODAY. BINGO!
2ND BINGO! BATA FUTURES REACHED OUR SECOND TARGET OF 877.40
ON 23.05.12 WE RECOMMENDED TO BUY BATA FUTURES AT CMP OF 866 WITH A STOPLOSS OF 858 FOR A TARGET OF 873.80, 877.40 AND 883.80. OUR SECOND TARGET OF 877.40 ACHIEVED TODAY. BINGO!
1ST BINGO! BATA FUTURES REACHED OUR FIRST TARGET OF 873.80
ON 23.05.12 WE RECOMMENDED TO BUY BATA FUTURES AT CMP OF 866 WITH A STOPLOSS OF 858 FOR A TARGET OF 873.80, 877.40 AND 883.80. OUR FIRST TARGET OF 873.80 ACHIEVED TODAY. BINGO!
Wednesday, May 23, 2012
BUY BATA FUTURES AT CMP OF 866 WITH A STOPLOSS OF 858
WE RECOMMEND TO BUY BATA FUTURES AT CMP OF 866 WITH A STOPLOSS OF 858 FOR A TARGET OF 873.80, 877.40 AND 883.80.
BUY TATA MOTORS FUTURES AT CMP OF 262.80 WITH A STOPLOSS OF 260
WE RECOMMEND TO BUY TATA MOTORS FUTURES AT CMP OF 262.80 WITH A STOPLOSS OF 260 FOR A TARGET OF 265.80, 267.40 AND 268.80.
TEN RULES OF LONG TERM TERM INVESTING
Rule No. 1: Margin Of Safety – Buy Shares “Cheap” – Keep Capital Intact:
Q. How To Determine That The Price You Are Paying Is “Cheap”?
There are two practical ways to determine whether you are paying a reasonable price or an exorbitant one for a stock.
The first is to try and visualize the next five years earnings of the stock. If the total earnings of the stock in the next five years is lesser than the total purchase price of the stock, it is “cheap” and you can go ahead and buy it confidently.
The second is to compare the purchase price of the stock with the market capitalization of the company. & give a practical example of what they mean. In 2003, bought shares of Bharti Tele at Rs 25 per share. At that time, Bharti Telecom’s shares were quoting at a price equal to its book value. Its profits were about Rs. 1,000 crore and its market capitalization was Rs. 5,000 crores. says that he conjectured how the profits were going to move and thought Bharti Telecom would make about Rs 26,000-27,000 crores profit in next five years. At this rate, the price that was paying for Bharti Telecom was obviously “cheap”.‘s hypothesis was vindicated and Bharti Telecom actually made about Rs 30,000 crores giving his multibagger.
Rule No. 2: Keep the “Long Term” In Mind:
It is implicit in & ‘s technique that they are only looking at the long-term prospects of the stock. Both & make it clear that the question whether you have bought the share “cheap” or not has to be decided today with regard to the future 5 year earnings or market cap of the stock. made this quite clear when he announced his purchase of Central Bank of India that while the stock may under-perform its peers in the short-term, he was confident that it would become a multibagger in 10 years time.
In this, one is reminded of the priceless advice given by Warren Buffett that “Your goal as an investor should simply be to purchase, at a rational price, a part interest in an easily-understandable business whose earnings are virtually certain to be materially higher five, ten and twenty years from now. If you aren’t willing to own a stock for 10 years, don’t even think about owning it for ten minutes.”
Rule No. 3: Reappraise periodically the validity of the investment hypothesis:
That investors should not get unduly perturbed by short-term downward price movements in the stock. Quotational losses are notional losses and the investor should not lose any sleep over it, emphasize the investment gurus, so long as the underlying business prospects of the stock remains unimpaired.
But, that doesn’t mean that the investor should not reappraise matters and see whether the quotation loss is going to be a permanent feature say & gives the example of the investment he made in Float Glass. bought the shares at Rs. 40 and then it plummeted to Rs. 4. was forced to book his loss because certain events had happened in the company which changed the investment prospects of the company. calls booking the loss “such a gruesome business” but emphasizes that it has to be done periodically to spring-clean ones’ portfolio.
Rule No. 4: Focus On The Business – Buy A “Predictable” Business:
That the investor must be very careful of the business that he buys. If the investor is right about the business, then the other things don’t matter so much. Even if the price paid for the stock is high, a good business will ultimately bail out the investor emphasize &
Q: What is a “Good” & “Predictable” Business?
That a “good business” is one which is able to consistently generate more cash than it’s ever likely to need, but more importantly, it’s so scalable and the external opportunity is so large that it can actually consume that cash and continue to grow the volume of cash that it is generating.
With regard to “predictability”, the four investment gurus point A practical example is provided by Central Bank and Bharti Telecom where it is possible to have a sense of where the company will be in the foreseeable future.
On the point of “predictibility”, the three investment gurus , and give the example of Sun Pharma. Sun Pharma is a profitable generic company and it is run by Dilip Shanghvi, a competent manager. Given the nature of business that Sun Pharma is engaged in and the the level of competence in its management, there is the element of “predictability” that whatever the economic problems that the World may face, there will continue to be demand for the products such as chronic therapies, cardio vascular, anti epileptic drugs that Sun Pharma is engaged in.Sun Pharma is in a stage today where the products that it launched more than five years ago are generating two-thirds of its sales and these products are actually growing faster than the industry and faster than the Company’s entire core business.
For some businesses, don’t set your expectations too high:
A very important point about how investors must be wary of certain businesses and not set their sights too high. The textile business is one that the investment gurus warn about as being one where money is structurally sucked in from the investor for the reason that the cotton inventory that an average company has to maintain is over six months and the asset turns are probably struggling to beat one-month. The result is that the fixed capital deployment is equivalent of sales; margins are always highly competitive and yet you have to consistently put in money into capex to remain at the same level of production.
The Airline business is also another sector with high capital investment, intense competition and cyclical trend that one must be wary about.
Competition
On the question as to how to factor in competition when selecting a stock for investment, & point out that what the investor has to be careful about is that the business has a “moat” around it (such as a powerful brand e.g. Apple), and operating economics which are in its favor (such as a demand for its products). The company must have the technology to power its business. The trioka gives the example of Nokia which despite a great brand name and business prospects, lost out to Apple only because the latter had better technology at its disposal.
On the concept of “Good Businesses” one cannot do better than to echo what Warren Buffett said:
“We look for companies that have a) a business we understand; b) favorable long-term economics; c) able and trustworthy management; and d) a sensible price tag.
A truly great business must have an enduring “moat” that protects excellent returns on invested capital. The dynamics of capitalism guarantee that competitors will repeatedly assault any business “castle” that is earning high returns. Therefore a formidable barrier such as a company’s being the low cost producer (GEICO, Costco) or possessing a powerful world-wide brand (Coca-Cola, Gillette, American Express) is essential for sustained success. Business history is filled with “Roman Candles,” companies whose moats proved illusory and were soon crossed.
Our criterion of “enduring” causes us to rule out companies in industries prone to rapid and continuous change. Though capitalism’s “creative destruction” is highly beneficial for society, it precludes investment certainty. A moat that must be continuously rebuilt will eventually be no moat at all.
Additionally, this criterion eliminates the business whose success depends on having a great manager. Of course, a terrific CEO is a huge asset for any enterprise, and at Berkshire we have an abundance of these managers. Their abilities have created billions of dollars of value that would never have materialized if typical CEOs had been running their businesses.
But if a business requires a superstar to produce great results, the business itself cannot be deemed great. A medical partnership led by your area’s premier brain surgeon may enjoy outsized and growing earnings, but that tells little about its future. The partnership’s moat will go when the surgeon goes. You can count, though, on the moat of the Mayo Clinic to endure, even though you can’t name its CEO.
Long-term competitive advantage in a stable industry is what we seek in a business. If that comes with rapid organic growth, great. But even without organic growth, such a business is rewarding. We will simply take the lush earnings of the business and use them to buy similar businesses elsewhere. There’s no rule that you have to invest money where you’ve earned it. Indeed, it’s often a mistake to do so: Truly great businesses, earning huge returns on tangible assets, can’t for any extended period reinvest a large portion of their earnings internally at high rates of return.”
Rule No. 5: Invest According To Your Temperament and Act Within Your Circle Of Competence:
That investing is a test of psychology and character and of intellect and that an investor has to invest depending on his particular temperament and should not forcefully copy a style of investment only because someone he admires adopts that style.
The investment legends give the example of Warren Buffett for whom the investment mantra was a “concentrated portfolio” and “Buy and Hold Forever”. Warren Buffett was immensely successful in that strategy. However, Peter Lynch, also a successful investor openly declared that “he never saw a stock he didn’t like” and had as many as 1,400 stocks in the Magellan Fund which he managed. Similarly, as against Warren Buffett‘s “Our Holding Period Is Forever”, George Soros philosophy was “Everything is a buy or a sell depending on the price.”
So, what & point out is that the investor must invest in the way that he understands best depending on his temperament. The investment gurus also point out that there are certain businesses or industries where one may either instinctively have a better understanding or where one may have absolutely no idea. An example is that of Warren Buffett who did not invest in Google because he did not understand the nature of the business and where Google would be in ten or twenty years. Warren Buffett lost out on a fabulous multi-bagger but that is no reason to regret. As a principle, one should not venture into businesses that one has no understanding about emphasize & .
Rule No. 6: Don’t Get Carried Away By Public Euphoria – Never Buy A Stock Only Because It Is Popular & Everybody Is Buying It:
This is probably the single most important piece of advise given by & . & caution that markets sometimes take a fancy for a certain type of stock or a certain sector and investors get carried away. gives the example of dotcom stocks in the 1990s when the public euphoria was so great that there were many companies trading at Rs 70,000-90,000 crore kind of market cap. points out that even Infosys, whose profit then was Rs. 500 crores was trading at a market capitalization of Rs 130,000 crores. It is only after the bubble burst that investors realized that they were paying for Infosys about 5-6 times more than what was its correct valuation.
That while Infosys continued to be a great company even after 10 years of the euphoria, a number of other stocks like Global Tele and Himachal Futuristicwent to absurd valuations and today they are literally penny stocks.
A more contemporary example of how getting carried away with public euphoria can ruin an investor. They point out that in the recent real estate boom a number of real estate companies such as DLF and Unitech spun plans on how they would be selling 15-25-30 million square feet and making a lot of profits. Their story was very plausible and easy to believe selling. They claimed that they were like FMCG companies and that the Country had the ability to absord such high priced real estate.
Unfortunately, when the bubble burst, the investors were left holding the shares of real estate companies at completely extravagant valuations. & forcefully bring home the point that when the crowd gets charged, it becomes completely irrational.
Rule No. 7: Never Hesitate To Buy A Stock Only Because It Is Unpopular & No one Is Buying It:
This Rule is the converse of the earlier Rule. In the earlier Rule, & cautioned investors against buying a share only because it was popular and everyone was buying it. In this Rule, & caution investors against hesitating to buy a stock which meets all the criteria only on the ground that nobody else is buying it.
The priceless advice given by , India’s greatest investor, who candidly says “Never in my life have I not made an investment because the stock is not popular. In fact I like to make the investment when the stock is not popular.”
There are several examples that , and give in support of their proposition. The first is public sector banking stocks that at one time were totally ignored by the public at large. These stocks, though of fundamentally strong companies, were ignored by the investor community in the misconception that these PSU companies were inefficient and no match for their private sector counterparts.
He took advantage of this misconception in the public’s mind and bought huge quantities of PSU stocks like Shipping Corporation of India, Bharat Electronics, CMC, BEML etc. Likewise, bought huge quantities of PSU Bank State Bank of India. Both and bought the PSU stocks at a fraction of their fundamental value. When the inesting public realized that the PSU companies were quite efficient as well and started paying a premium for the shares, and got their multibaggers.
Other examples of stocks that are undervalued by the market because nobody likes these shares even though there is nothing fundamentally wrong with them. VIP Industries is one example that is never tired of giving. The stock of VIP Industries was quoting at Rs. 65 15 months ago when bought it (see & VIP Industries: Best Stock Pick!). Today, VIP Industries is quoting at Rs. 650 and that means has got himself a ten-bagger!
Another example that & like to give is that of United Brewerieswhich was languishing at a market cap of USD 40 million or Rs. 160 crores even though it had 50% share in the Indian liquor market and a great brand name. Similarly, McDowell was available at a market cap of Rs 200 crore. United Breweries held 40% of McDowell at that time. So it was clear as rain that United Breweries was grossly undervalued but somehow the company was not fancied by the investor public.
The example of Bharti Telecom which was langusihing at Rs. 25. recalls that all his well-wishers were so convinced that he had made a mistake in buying Bharti Telecom that they virtually forced him to sell a large part of his shares. However, such was ‘s conviction in Bharti Airtel that even after he succumbed to the advice of his well-wishers and sold out, he bought back a large quantity. The rest is history because made a huge fortune from the multi-bagger that Bharti Airtel became shortly thereafter.
Rule No. 8: Never Accept Anything At Face Value – Do Your Homework:
In formulating this Rule, & have been inspired by Warren Buffett‘s timeless maxim “Only when the tide goes out, you discover who is been swimming naked.”
The example of Satyam to highlight this Rule. At the peak of the scam, Satyam was seen to have several big marquee clients like GE and State Farm. Satyam‘s founder Ramalinga Raju was even awarded the “Businessman of the Year” prize by Ernst & Young. However, it soon turned out that everything was a fraud. The clients disappeared, the employees were non-existent and the business was just a bubble.
There are several other examples like Enron and World Com that should caution the investor that what he sees and what he gets may be two different things say & .
Rule No. 9: Buy What Is. Not What Will Be:
Be cautious against getting carried away with forecasts and projections of future profitability. This happened at the time of the Dot-com boom and again at the time of the Realty Boom when euphoric investors started making irrational and unrealistic assumptions about where profits were headed and where share prices would go.
Investors must have their feet firmly planted on the ground and err on the side of caution emphasize & . This makes sense, when read with the other Rule regarding preservation of capital.
Rule No. 10: Better To Have A Small Holding In An Excellent Company Than A Large Holding In A Mediocre Company:
For those investors who are constantly scouring for penny stocks in the hope that they will turn into multi-baggers overnight by some mysterious process. & advice that the investor is better off in investing in quality companies rather than in mediocre companies. This way, not only is the capital safe but the investor is assured of a reasonable return.
If one thinks about it, there is a lot of merit in the advice that & are handing out. If a company’s earnings are growing at say 25% p.a. (not an unreasonable assumption) and the share price grows at the same pace, in five year’s time, the investors investment would have tripled. In 10 years time, the investment would have grown 9.31 times. At the end of 20 years, the investment has grown 86.73 times. In other words, if Rs. 10,000 is invested in year one and allowed to compound at 25%, at the end of 10 years, the investor has Rs. 93,100 and at the end of 20 years, the investor has Rs. 867,300. You have your own “multi-bagger”! Of course, the income by way of dividends is extra!
Tuesday, May 22, 2012
3RD BINGO! TATA MOTORS FUTURES REACHED OUR FIFTH TARGET OF 269.80
ON 18.05.12 WE RECOMMENDED TO BUY TATA MOTORS FUTURES AT CMP OF 258 WITH A STOPLOSS OF 255 FOR A TARGET OF 262.80, 264.40, 266.80. 268.40, 269.80 AND 271.40. OUR FIFTH TARGET OF 269.80 ACHIEVED TODAY. BINGO!
2ND BINGO! TATA MOTORS FUTURES REACHED OUR FOURTH TARGET OF 268.40
ON 18.05.12 WE RECOMMENDED TO BUY TATA MOTORS FUTURES AT CMP OF 258 WITH A STOPLOSS OF 255 FOR A TARGET OF 262.80, 264.40, 266.80. 268.40, 269.80 AND 271.40. OUR FOURTH TARGET OF 268.40 ACHIEVED TODAY. BINGO!
EXIT SHRIRAM TRANSPORT FUTURES AT CMP OF 499
TODAY WE RECOMMENDED TO BUY SHRIRAM TRANSPORT FUTURES AT CMP OF 501 WITH A STOPLOSS OF 493 FOR A TARGET OF 513, 518 AND 523. MARKETS R LOOKING EXTREMELY WEAK. EXIT IT AT CMP OF 499.
STORY OF A TRADER
Working Very Hard
A martial arts student went to his teacher and said earnestly, "I am devoted to studying your martial system. How long will it take me to master it." The teacher's reply was casual, "Ten years." Impatiently, the student answered, "But I want to master it faster than that. I will work very hard. I will practice everyday, ten or more hours a day if I have to. How long will it take then?" The teacher thought for a moment, "20 years."
A martial arts student went to his teacher and said earnestly, "I am devoted to studying your martial system. How long will it take me to master it." The teacher's reply was casual, "Ten years." Impatiently, the student answered, "But I want to master it faster than that. I will work very hard. I will practice everyday, ten or more hours a day if I have to. How long will it take then?" The teacher thought for a moment, "20 years."
5 TIPS FOR A PROFITABLE TRADE
5 TIPS FOR A PROFITABLE TRADE:
1. Plan the entire trade before you enter the trade. Have an entry strategy, and an exit point (both a winning exit point and a non-winning exit point). This will inherently force you to look at your risk/reward ratio. Write these entries and exits down in a journal.
2. Eliminate distractions. It's difficult enough to find trading time at all if it's not your regular job. If you're a part-time trader who trades at work between meetings and phone calls, think about this: there are full-time professional traders who are concentrating on nothing other than taking your money. It's not that they're better or smarter than you – they just have the time to focus. If you must trade, set aside blocks of time to study or trade without distraction. Or it may be more feasible to do your trading on an end-of day basis, meaning you place your orders and do your 'homework' the night before when you can
focus on it.
3. Choose a method or a small group of methods, and stick to them. Far too often we see a trader adopt a new indicator or signal only to see it backfire. Become a master of your favorite signals, rather than a slave to any and every signal. Understand that an indicator will fail sometimes. That's ok. The sizable winning trades should more than offset the small losing trades initiated by an errant signal. This trading method is designed to eliminate the emotional bias of trading.
4. Choosing not to trade can also be a prudent choice. You'll frequently hear 'don't fight the tape'. The same idea also applies to a flat market – you can't make stocks do something they're just not going to do. Wait for good entries into a developing trend rather than force a bad entry into an unclear trend.
5. Take responsibility for your trades – all of them. Examine why the losing trades failed, and why the winners were successful. The reality is that you chose to enter each and every trade. This can be painful, at least initially, since the ego is built to deflect blame yet accept praise. That's a trap. If you find yourself saying "that was a good trade entry but….." then stop yourself immediately. Either everything before 'but' or after 'but' is inaccurate. If you rationalize or justify poor trades, then you'll never learn from them. This may be the most important idea of the five – the ego can prevent real learning. If you can learn to accept some failure without being emotionally devastated, then you'll be a good trader.
The only advice I would add to this list is simply to keep a daily trading journal. This can be a journal of trades, signals, ideas, and emotions about your trading. The more you put in the journal, the more you'll get out of it. It will also help you in applying and tracking these five concepts above.
BUY SHRIRAM TRANSPORT FUTURES AT CMP OF 501 WITH A STOPLOSS OF 493
WE RECOMMEND TO BUY SHRIRAM TRANSPORT FUTURES AT CMP OF 501 WITH A STOPLOSS OF 493 FOR A TARGET OF 513, 518 AND 523.
1ST BINGO! TATA MOTORS FUTURES REACHED OUR THIRD TARGET OF 266.80
ON 18.05.12 WE RECOMMENDED TO BUY TATA MOTORS FUTURES AT CMP OF 258 WITH A STOPLOSS OF 255 FOR A TARGET OF 262.80, 264.40 AND 266.80. OUR THIRD TARGET OF 266.80 ACHIEVED TODAY. BINGO! NOW NEXT TARGETS R 268.40, 269.80 AND 271.40.
Monday, May 21, 2012
10TH BINGO! ORCHID CHEM FUTURES REACHED OUR FIRST TARGET OF 131.40
TODAY WE RECOMMEND TO BUY ORCHID CHEM FUTURES AT CMP OF 129.50 WITH A STOPLOSS OF 128 FOR A TARGET OF 131.40, 132.80 AND 134.40. OUR FIRST TARGET OF 131.40 ACHIEVED TODAY ITSELF. BINGO AGAIN!
9TH BINGO! BAJAJ AUTO FUTURES REACHED OUR THIRD TARGET OF 1538
TODAY WE RECOMMENDED TO BUY BAJAJ AUTO FUTURES AT CMP OF 1516 WITH A STOPLOSS OF 1505 FOR A TARGET OF 1528, 1533 AND 1538. OUR THIRD TARGET OF 1538 ACHIEVED TODAY ITSELF BINGO AGAIN!
8TH BINGO! BAJAJ AUTO FUTURES REACHED OUR SECOND TARGET OF 1533
TODAY WE RECOMMENDED TO BUY BAJAJ AUTO FUTURES AT CMP OF 1516 WITH A STOPLOSS OF 1505 FOR A TARGET OF 1528, 1533 AND 1538. OUR SECOND TARGET OF 1533 ACHIEVED TODAY ITSELF BINGO AGAIN!
7TH BINGO! BAJAJ AUTO FUTURES REACHED OUR FIRST TARGET OF 1528
TODAY WE RECOMMENDED TO BUY BAJAJ AUTO FUTURES AT CMP OF 1516 WITH A STOPLOSS OF 1505 FOR A TARGET OF 1528, 1533 AND 1538. OUR FIRST TARGET OF 1528 ACHIEVED TODAY ITSELF BINGO AGAIN!
6TH BINGO! ADANI ENTERPRISES REACHED OUR THIRD TARGET
TODAY WE RECOMMENDED TO BUY ADANI ENTERPRISES FUTURES AT CMP OF 237 WITH A STOPLOSS OF 234 FOR A TARGET OF 242.40, 243.80 AND 245.40. OUR THIRD TARGET ACHIEVED TODAY ITSELF. BINGO AGAIN!
5TH BINGO! ADANI FUTURES REACHED OUR SECOND TARGET OF 243.80
TODAY WE RECOMMENDED TO BUY ADANI ENTERPRISES FUTURES AT CMP OF 237 WITH A STOPLOSS OF 234 FOR A TARGET OF 242.40, 243.80 AND 245.40. OUR SECOND TARGET OF 243.80 ACHIEVED TODAY ITSELF. BINGO AGAIN!
4TH BINGO! ADANI ENTERPRISES FUTURES REACHED OUR FIRST TARGET OF 242.40
TODAY WE RECOMMENDED TO BUY ADANI ENTERPRISES FUTURES AT CMP OF 237 WITH A STOPLOSS OF 234 FOR A TARGET OF 242.40, 243.80 AND 245.40. OUR FIRST TARGET OF 242.40 ACHIEVED TODAY ITSELF. BINGO AGAIN!
BUY ADANI ENTERPRISES FUTURES AT CMP OF 237 WITH A STOPLOSS OF 234
WE RECOMMEND TO BUY ADANI ENTERPRISES FUTURES AT CMP OF 237 WITH A STOPLOSS OF 234 FOR A TARGET OF 242.40, 243.80 AND 245.40.
BUY BAJAJ AUTO FUTURES AT CMP OF 1516 WITH A STOPLOSS OF 1505
WE RECOMMEND TO BUY BAJAJ AUTO FUTURES AT CMP OF 1516 WITH A STOPLOSS OF 1505 FOR A TARGET OF 1528, 1533 AND 1538.
BUY ORCHID CHEM FUTURES AT CMP OF 129.50 WITH A STOPLOSS OF 128
WE RECOMMEND TO BUY ORCHID CHEM FUTURES AT CMP OF 129.50 WITH A STOPLOSS OF 128 FOR A TARGET OF 131.40, 132.80 AND 134.40.
3RD BINGO! DELTA FUTURES REACHED OUR SECOND TARGET OF 63.40
ON 18.05.12 WE RECOMMENDED TO BUY DELTA FUTURES ABOVE 59.50 WITH A STOPLOSS OF 58 FOR A TARGET OF 61.80, 63.40 AND 65.80. OUR SECOND TARGET OF 63.40 ACHIEVED TODAY. BINGO!
2ND BINGO! TATA MOTORS FUTURES REACHED OUR SECOND TARGET OF 264.40
ON 18.05.12 WE RECOMMENDED TO BUY TATA MOTORS FUTURES AT CMP OF 258 WITH A STOPLOSS OF 255 FOR A TARGET OF 262.80, 264.40 AND 266.80. OUR SECOND TARGET OF 264.40 ACHIEVED TODAY. BINGO!
1ST BINGO! TITAN FUTURES REACHED OUR THIRD TARGET OF 231.80
ON 18.05.12 WE RECOMMENDED TO BUY TITAN FUTURES AT CMP OF 223.25 WITH A STOPLOSS OF 220 FOR A TARGET OF 227.80, 229.40 AND 231.80. OUR THIRD TARGET OF 231.80 ACHIEVED TODAY. BINGO!
Friday, May 18, 2012
4TH BINGO! DELTA FUTURES REACHED OUR FIRST TARGET OF 61.80
TODAY WE RECOMMENDED TO BUY DELTA FUTURES ABOVE 59.50 WITH A STOPLOSS OF 58 FOR A TARGET OF 61.80, 63.40 AND 65.80. OUR FIRST TARGET OF 61.80 ACHIEVED TODAY ITSELF. BINGO!
3RD BINGO! TITAN FUTURES REACHED OUR SECOND TARGET OF 229.40
TODAY WE RECOMMENDED TO BUY TITAN FUTURES AT CMP OF 223.25 WITH A STOPLOSS OF 220 FOR A TARGET OF 227.80, 229.40 AND 231.80. OUR SECOND TARGET OF 229.40 ACHIEVED TODAY ITSELF. BINGO!
2ND BINGO! TITAN FUTURES REACHED OUR FIRST TARGET OF 227.80
TODAY WE RECOMMENDED TO BUY TITAN FUTURES AT CMP OF 223.25 WITH A STOPLOSS OF 220 FOR A TARGET OF 227.80, 229.40 AND 231.80. OUR FIRST TARGET OF 227.80 ACHIEVED TODAY ITSELF. BINGO!
1ST BINGO! TATA MOTORS FUTURES REACHED OUR FIRST TARGET OF 262.80
TODAY WE RECOMMENDED TO BUY TATA MOTORS FUTURES AT CMP OF 258 WITH A STOPLOSS OF 255 FOR A TARGET OF 262.80, 264.40 AND 266.80. OUR FIRST TARGET OF 262.80 ACHIEVED TODAY ITSELF. BINGO!
BUY DELTA FUTURES ABOVE 59.50 WITH A STOPLOSS OF 58
WE RECOMMEND TO BUY DELTA FUTURES ABOVE 59.50 WITH A STOPLOSS OF 58 FOR A TARGET OF 61.80, 63.40 AND 65.80.
BUY TATA MOTORS FUTURES AT CMP OF 258 WITH A STOPLOSS OF 255
WE RECOMMEND TO BUY TATA MOTORS FUTURES AT CMP OF 258 WITH A STOPLOSS OF 255 FOR A TARGET OF 262.80, 264.40 AND 266.80.
BUY TITAN FUTURES AT CMP OF 223.25 WITH A STOPLOSS OF 220
WE RECOMMEND TO BUY TITAN FUTURES AT CMP OF 223.25 WITH A STOPLOSS OF 220 FOR A TARGET OF 227.80, 229.40 AND 231.80.
Thursday, May 17, 2012
STOPLOSS OF TITAN FUTURES TRIGERRED
TODAY WE RECOMMENDED TO BUY TITAN FUTURES AT CMP OF 233.25 WITH A STOPLOSS OF 230 FOR A TARGET OF 236.80, 238.40 AND 240.80. OUR STOPLOSS OF 230 TRIGERRED. EXIT FROM IT.
BUY TITAN FUTURES AT CMP OF 233.25 WITH A STOPLOSS OF 230
WE RECOMMEND TO BUY TITAN FUTURES AT CMP OF 233.25 WITH A STOPLOSS OF 230 FOR A TARGET OF 236.80, 238.40 AND 240.80.
7TH BINGO! TATA MOTORS REACHED OUR THIRD TARGET OF 274.80
TODAY WE RECOMMENDED TO BUY TATA MOTORS FUTURES ABOVE 268.50 WITH A STOPLOSS OF 265 FOR A TARGET OF 271.80, 273.40 AND 274.80. OUR THIRD TARGET OF 274.80 ACHIEVED TODAY ITSELF. BINGO AGAIN!
6TH BINGO! TATA MOTORS FUTURES REACHED OUR SECOND TARGET OF 273.40
TODAY WE RECOMMENDED TO BUY TATA MOTORS FUTURES ABOVE 268.50 WITH A STOPLOSS OF 265 FOR A TARGET OF 271.80, 273.40 AND 274.80. OUR SECOND TARGET OF 273.40 ACHIEVED TODAY ITSELF. BINGO AGAIN!
5TH BINGO! TATA MOTORS FUTURES REACHED OUR FIRST TARGET OF 271.80
TODAY WE RECOMMENDED TO BUY TATA MOTORS FUTURES ABOVE 268.50 WITH A STOPLOSS OF 265 FOR A TARGET OF 271.80, 273.40 AND 274.80. OUR FIRST TARGET OF 271.80 ACHIEVED TODAY ITSELF. BINGO AGAIN!
BUY TATA MOTORS FUTURES ABOVE 268.50 WITH A STOPLOSS OF 265
WE RECOMMEND TO BUY TATA MOTORS FUTURES ABOVE 268.50 WITH A STOPLOSS OF 265 FOR A TARGET OF 271.80, 273.40 AND 274.80.
4TH BINGO! VIP FUTURES REACHED OUR SECOND TARGET OF 84.80
ON 16.05.12 WE RECOMMENDED TO BUY VIP FUTURES ABOVE 80.75 WITH A STOPLOSS OF 78 FOR A TARGET OF 83.40, 84.80 AND 86.40. OUR SECOND TARGET OF 84.80 ACHIEVED TODAY. BINGO AGAIN!
3RD BINGO! BAJAJ AUTO FUTURES REACHED OUR THIRD TARGET OF 1628
ON 16.05.12 WE RECOMMENDED TO BUY BAJAJ AUTO FUTURES AT CMP OF 1606 WITH A STOPLOSS OF 1592 FOR A TARGET OF 1618, 1623 AND 1628. OUR THIRD TARGET OF 1628 ACHIEVED TODAY. BINGO! NOW NEXT TARGETS R 1633, 1638 AND 1643.
2ND BINGO! BAJAJ AUTO FUTURES REACHED OUR SECOND TARGET OF 1623
ON 16.05.12 WE RECOMMENDED TO BUY BAJAJ AUTO FUTURES AT CMP OF 1606 WITH A STOPLOSS OF 1592 FOR A TARGET OF 1618, 1623 AND 1628. OUR SECOND TARGET OF 1623 ACHIEVED TODAY. BINGO!
1STBINGO! BAJAJ AUTO FUTURES REACHED OUR FIRST TARGET OF 1618
ON 16.05.12 WE RECOMMENDED TO BUY BAJAJ AUTO FUTURES AT CMP OF 1606 WITH A STOPLOSS OF 1592 FOR A TARGET OF 1618, 1623 AND 1628. OUR FIRST TARGET OF 1618 ACHIEVED TODAY. BINGO!
Wednesday, May 16, 2012
STOPLOSS OF SHRIRAM TRANSPORT FINANCE TRIGERRED
ON 15.05.12 WE RECOMMENDED TO BUY SHRIRAM TRANSPORT FUTURES AT CMP OF 511 WITH A STOPLOSS OF 498 FOR A TARGET OF 523, 528 AND 533. HIGH RISK TRADERS CAN HOLD POSITIONS FOR A TARGET OF 533, 548 AND 563. OUR STOPLOSS OF 498 TRIGERRED. EXIT FROM IT.
5TH BINGO! VIP FUTURES REACHED OUR FIRST TARGET OF 83.40
TODAY WE RECOMMENDED TO BUY VIP FUTURES ABOVE 80.75 WITH A STOPLOSS OF 78 FOR A TARGET OF 83.40, 84.80 AND 86.40. OUR FIRST TARGET OF 83.40 ACHIEVED TODAY ITSELF. BINGO AGAIN!
BUY BAJAJ AUTO FUTURES AT CMP OF 1606 WITH A STOPLOSS OF 1592
WE RECOMMEND TO BUY BAJAJ AUTO FUTURES AT CMP OF 1606 WITH A STOPLOSS OF 1592 FOR A TARGET OF 1618, 1623 AND 1628.
4TH BINGO! CAIRN FUTURES REACHED OUR SIXTH TARGET OF 325.40
ON 15.05.12 WE RECOMMENDED TO BUY CAIRN FUTURES ABOVE 311 WITH A STOPLOSS OF 308 FOR A TARGET OF 314.80, 317.40, 319.80, 321.40, 323.80 AND 325.40. OUR SIXTH TARGET OF 325.40 ACHIEVED TODAY. BINGO!
3RD BINGO! CAIRN FUTURES REACHED OUR FIFTH TARGET OF 323.80
ON 15.05.12 WE RECOMMENDED TO BUY CAIRN FUTURES ABOVE 311 WITH A STOPLOSS OF 308 FOR A TARGET OF 314.80, 317.40, 319.80, 321.40, 323.80 AND 325.40. OUR FIFTH TARGET OF 323.80 ACHIEVED TODAY. BINGO!
2ND BINGO! CAIRN FUTURES REACHED OUR FOURTH TARGET OF 321.40
ON 15.05.12 WE RECOMMENDED TO BUY CAIRN FUTURES ABOVE 311 WITH A STOPLOSS OF 308 FOR A TARGET OF 314.80, 317.40, 319.80, 321.40, 323.80 AND 325.40. OUR FOURTH TARGET OF 321.40 ACHIEVED TODAY. BINGO!
BUY VIP FUTURES ABOVE 80.75 WITH A STOPLOSS OF 78
WE RECOMMEND TO BUY VIP FUTURES ABOVE 80.75 WITH A STOPLOSS OF 78 FOR A TARGET OF 83.40, 84.80 AND 86.40.
1ST BINGO! CAIRN FUTURES REACHED OUR THIRD TARGET OF 319.80
ON 15.05.12 WE RECOMMENDED TO BUY CAIRN FUTURES ABOVE 311 WITH A STOPLOSS OF 308 FOR A TARGET OF 314.80, 317.40 AND 319.80. OUR THIRD TARGET OF 319.80 ACHIEVED TODAY. BINGO! NOW NEXT TARGETS R 321.40, 323.80 AND 325.40.
Tuesday, May 15, 2012
8TH BINGO! ORCHID CHEM FUTURES REACHED OUR SECOND TARGET OF 130.40
TODAY WE RECOMMENDED TO BUY ORCHID CHEM FUTURES AT CMP OF 125 WITH A STOPLOSS OF 123 FOR A TARGET OF 128.80, 130.40 AND 131.80. OUR SECOND TARGET OF 130.40 ACHIEVED TODAY ITSELF. BINGO AGAIN!
7TH BINGO! CAIRN FUTURES REACHED OUR SECOND TARGET OF 317.40
TODAY WE RECOMMENDED TO BUY CAIRN FUTURES ABOVE 311 WITH A STOPLOSS OF 308 FOR A TARGET OF 314.80, 317.40 AND 319.80. OUR SECOND TARGET OF 317.40 ALMOST ACHIEVED TODAY ITSELF. BINGO AGAIN!
6TH BINGO! CAIRN FUTURES REACHED OUR FIRST TARGET OF 314.80
TODAY WE RECOMMENDED TO BUY CAIRN FUTURES ABOVE 311 WITH A STOPLOSS OF 308 FOR A TARGET OF 314.80, 317.40 AND 319.80. OUR FIRST TARGET OF 314.80 ACHIEVED TODAY ITSELF. BINGO AGAIN!
BUY CAIRN FUTURES ABOVE 311 WITH A STOPLOSS OF 308
WE RECOMMEND TO BUY CAIRN FUTURES ABOVE 311 WITH A STOPLOSS OF 308 FOR A TARGET OF 314.80, 317.40 AND 319.80.
BUY SHRIRAM TRANSPORT FUTURES AT CMP OF 511 WITH A STOPLOSS OF 498
WE RECOMMEND TO BUY SHRIRAM TRANSPORT FUTURES AT CMP OF 511 WITH A STOPLOSS OF 498 FOR A TARGET OF 523, 528 AND 533. HIGH RISK TRADERS CAN HOLD POSITIONS FOR A TARGET OF 533, 548 AND 563.
MARKET FRUSTRATION
This post is about the frustrations that market fluctuations generate for a trader and how to deal with them. My message is a simple one: be content with what is possible.
I have been in this business full time for nearly 30 years now. I have known many traders. The majority of them were only in the business a relatively brief time. Most of these left because they lost money but some left because, even thought they were making money trading, they couldn't stand the constant frustration traders experience.
Markets move up and down, sometimes quite violently. People tend to evaluate their trading performance not simply in terms of profit and loss but also in terms of how much money they could have made had they been able to catch a substantial part of most of the market's up and down swings. In fact, I have known profitable traders who were constantly frustrated and unhappy because they felt that they had left so much money on the table.
Put simply, this is crazy behavior. What basis do you have for thinking you can catch a substantial part of the market's many swings? Sure, in hindsight everything is obvious and we can see how we might have become gazillionaires.
But we cannot trade the past. We can only make profits betting on the future. And people who bet on future price fluctuations must necessarily rely on very, very cloudy crystal balls. So as a practical matter you should count yourself fortunate indeed if you consistently capture a small part of any given market swing.
What does this mean for you? It means that you should be focused on one thing and one thing only when evaluating your trading record.Have you been making consistent profits or not? Forget about how much you might have made - those sort of calculations are not in the realm of what's possible. What's possible is steady, month-by-month, quarter-by quarter profitability. Some people can achieve higher rates of return on their capital than others, but so what? Don't worry about what other people do. Focus only on what you can do based on your market knowledge and trading skills.
I had a friend who was a member of the Chicago Board of Trade and later a member of the Singapore exchange. He had a profit goal he aimed for each year. When he reached it he stopped trading for the rest of the year. It didn't matter whether it took him two months or six months or eleven months to reach his goal. When he reached it he stopped.
For him trading was just a way to make a good living, not a test of his value as a person or an affirmation that he was smarter than everyone else. This is an example of sane behavior in a business where various forms of insanity are the rule, not the exception.
5TH BINGO! SINTEX FUTURES REACHED OUR FIRST TARGET OF 56.80
TODAY WE RECOMMENDED TO BUY SINTEX FUTURES AT CMP OF 55.25 WITH A STOPLOSS OF 54 FOR A TARGET OF 56.80, 57.40 AND 58.80. OUR FIRST TARGET OF 56.80 ACHIEVED TODAY ITSELF. BINGO AGAIN!
4TH BINGO! TTK PRESTIGE FUTURES REACHED OUR THIRD TARGET OF 3073
TODAY WE RECOMMENDED TO BUY TTK PRESTIGE FUTURES AT CMP OF 3010 WITH A STOPLOSS OF 2980 FOR A TARGET OF 3043, 3058 AND 3073. OUR THIRD TARGET OF 3073 ACHIEVED TODAY ITSELF. BINGO AGAIN!
3RD BINGO! TTK PRRESTIGE FUTURES REACHED OUR SECOND TARGET OF 3058
TODAY WE RECOMMENDED TO BUY TTK PRESTIGE FUTURES AT CMP OF 3010 WITH A STOPLOSS OF 2980 FOR A TARGET OF 3043, 3058 AND 3073. OUR SECOND TARGET OF 3058 ACHIEVED TODAY ITSELF. BINGO!
2ND BINGO! TTK PRESTIGE REACHED OUR FIRST TARGET OF 3043
TODAY WE RECOMMENDED TO BUY TTK PRESTIGE FUTURES AT CMP OF 3010 WITH A STOPLOSS OF 2980 FOR A TARGET OF 3043, 3058 AND 3073. OUR FIRST TARGET OF 3043 ACHIEVED TODAY ITSELF. BINGO!
1ST BINGO! ORCHID CHEM FUTURES REACHED OUR FIRST TARGET OF 128.80
TODAY WE RECOMMENDED TO BUY ORCHID CHEM FUTURES AT CMP OF 125 WITH A STOPLOSS OF 123 FOR A TARGET OF 128.80, 130.40 AND 131.80. OUR FIRST TARGET OF 128.80 ACHIEVED TODAY ITSELF. BINGO!
BUY SINTEX FUTURES AT CMP OF 55.25 WITH A STOPLOSS OF 54
WE RECOMMEND TO BUY SINTEX FUTURES AT CMP OF 55.25 WITH A STOPLOSS OF 54 FOR A TARGET OF 56.80, 57.40 AND 58.80.
BUY TTK PRESTIGE FUTURES AT CMP OF 3010 WITH A STOPLOSS OF 2980
WE RECOMMEND TO BUY TTK PRESTIGE FUTURES AT CMP OF 3010 WITH A STOPLOSS OF 2980 FOR A TARGET OF 3043, 3058 AND 3073.
BUY ORCHID CHEM FUTURES AT CMP OF 125 WITH A STOPLOSS OF 123
WE RECOMMEND TO BUY ORCHID CHEM FUTURES AT CMP OF 125 WITH A STOPLOSS OF 123 FOR A TARGET OF 128.80, 130.40 AND 131.80.
Monday, May 14, 2012
4TH BINGO! TTK PRESTIGE REACHED OUR THIRD TARGET
TODAY WE RECOMMENDED TO BUY TTK PRESTIGE FUTURES ABOVE 2880 WITH A STOPLOSS OF 2860 FOR A TARGET OF 2913, 2938 AND 2963. OUR THIRD TARGET OF 2963 ALOMOST ACHIEVED TODAY ITSELF. BINGO AGAIN!
3RD BINGO! TTK PRRESTIGE FUTURES REACHED OUR SECOND TARGET OF 2938
TODAY WE RECOMMENDED TO BUY TTK PRESTIGE FUTURES ABOVE 2880 WITH A STOPLOSS OF 2860 FOR A TARGET OF 2913, 2938 AND 2963. OUR SECOND TARGET OF 2938 ACHIEVED TODAY ITSELF. BINGO!
2ND BINGO! TTK PRESTIGE REACHED OUR FIRST TARGET OF 2913
TODAY WE RECOMMENDED TO BUY TTK PRESTIGE FUTURES ABOVE 2880 WITH A STOPLOSS OF 2860 FOR A TARGET OF 2913, 2938 AND 2963. OUR FIRST TARGET OF 2913 ACHIEVED TODAY ITSELF. BINGO!
1ST BINGO! JAIN IRRIGATION REACHED OUR FIRST TARGET OF 79.80
TODAY WE RECOMMENDED TO BUY JAIN IRRIGATION FUTURES ABOVE 77.50 WITH A STOPLOSS OF 76 FOR A TARGET OF 79.80, 81.40 AND 82.80. OUR FIRST TARGET OF 79.80 ACHIEVED TODAY ITSELF. BINGO!
BUY JAIN IRRIGATION FUTURES ABOVE 77.50 WITH A STOPLOSS OF 76
WE RECOMMEND TO BUY JAIN IRRIGATION FUTURES ABOVE 77.50 WITH A STOPLOSS OF 76 FOR A TARGET OF 79.80, 81.40 AND 82.80.
BUY TTK PRESTIGE FUTURES ABOVE 2880 WITH A STOPLOSS OF 2850
WE RECOMMEND TO BUY TTK PRESTIGE FUTURES ABOVE 2880 WITH A STOPLOSS OF 2860 FOR A TARGET OF 2913, 2938 AND 2963.
Friday, May 11, 2012
2ND BINGO! NIFTY FUTURES REACHED OUR SECOND TARGET OF 4978
TODAY WE RECOMMENDED TO BUY NIFTY FUTURES AT CMP OF 4910 WITH A STOPLOSS OF 4880 FOR A TARGET OF 4943, 4978 AND 4993. OUR SECOND TARGET OF 4978 ACHIEVED TODAY ITSELF. BINGO!
1ST BINGO! NIFTY FUTURES REACHED OUR FIRST TARGET OF 4943
TODAY WE RECOMMENDED TO BUY NIFTY FUTURES AT CMP OF 4910 WITH A STOPLOSS OF 4880 FOR A TARGET OF 4943, 4978 AND 4993. OUR FIRST TARGET OF 4943 ACHIEVED TODAY ITSELF. BINGO!
BUY NIFTY FUTURES AT CMP OF 4910 WITH A STOPLOSS OF 4880
WE RECOMMEND TO BUY NIFTY FUTURES AT CMP OF 4910 WITH A STOPLOSS OF 4880 FOR A TARGET OF 4943, 4978 AND 4993.
TOP IDEAS FOR LONG TERM - 10 BY 10 STRATEGY
WE R HEREBY GIVING TOP MOST LONG TERM INVESTMENTS IDEAS FOR NEXT TEN YEARS. WE R CALLING IT 10 BY 10 SINCE WE THINK THAT THESE IDEAS CAN BECOME AT LEAST 5 TO 10 TIMES FROM CURRENT LEVELS.
1. GODREJ CONSUMER PRODUCTS.
2. GODREJ INDUSTRIES.
3. STATE BANK OF INDIA.
4. YES BANK.
5. M&M
6. BAJAJ AUTO.
7. COAL INDIA.
8. L&T.
9. HDFC BANK.
10.TATA STEEL
11.MAHINDRA HOLIDAYS & RESORTS.
12.BEML
13.KARUR VYSYA BANK
14.M&M FINANCIAL
15.ONGC
16.HDFC
17.GAIL
18.CAIRN ENERGY
19.PRATIBHA INDUSTRIES
20.TITAN
The author comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity, index or any other financial instrument at any time. While he believes his statements to be true, they always depend on the reliability of his own credible sources. The author recommends that you consult with a qualified investment advisor, before making any investment decisions, and that you confirm the facts on your own before making important investment commitments
1. GODREJ CONSUMER PRODUCTS.
2. GODREJ INDUSTRIES.
3. STATE BANK OF INDIA.
4. YES BANK.
5. M&M
6. BAJAJ AUTO.
7. COAL INDIA.
8. L&T.
9. HDFC BANK.
10.TATA STEEL
11.MAHINDRA HOLIDAYS & RESORTS.
12.BEML
13.KARUR VYSYA BANK
14.M&M FINANCIAL
15.ONGC
16.HDFC
17.GAIL
18.CAIRN ENERGY
19.PRATIBHA INDUSTRIES
20.TITAN
The author comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity, index or any other financial instrument at any time. While he believes his statements to be true, they always depend on the reliability of his own credible sources. The author recommends that you consult with a qualified investment advisor, before making any investment decisions, and that you confirm the facts on your own before making important investment commitments
HUGE OPPORTUNITY IN BANKING SECTOR
BEST BUYS IN BANKING SECTOR R:
1. HDFC BANK
2. CANARA BANK.
3. CORPORATION BANK.
4. STATE BANK OF INDIA
5. BANK OF BARODA
6. YES BANK
7. KARUR VYSYA BANK
8. AXIS BANK
RAAM DEO AGRAWAL IS BULLISH ON BANKING SECTOR. ACCORDING TO HIM "The way we are thinking is that in the last 10 years, the total saving in the economy was about USD 2.25 trillion between 2000 and 2010. Between 2011 and 2020 the total savings will be upwards of USD 12 trillion. This particular number is very large almost 5 times bigger. Now when you have this kind of opportunity and banking being the first landing point of all the Indian savings, what happens is that banking opportunity explodes in disproportionate size.
1. HDFC BANK
2. CANARA BANK.
3. CORPORATION BANK.
4. STATE BANK OF INDIA
5. BANK OF BARODA
6. YES BANK
7. KARUR VYSYA BANK
8. AXIS BANK
RAAM DEO AGRAWAL IS BULLISH ON BANKING SECTOR. ACCORDING TO HIM "The way we are thinking is that in the last 10 years, the total saving in the economy was about USD 2.25 trillion between 2000 and 2010. Between 2011 and 2020 the total savings will be upwards of USD 12 trillion. This particular number is very large almost 5 times bigger. Now when you have this kind of opportunity and banking being the first landing point of all the Indian savings, what happens is that banking opportunity explodes in disproportionate size.
Private sector banks are small right now. The PE multiples are not matching with what it could be. Then you will have a third layer of opportunity in terms of PE multiples. Which of the banks will win in 2020 in this kind of opportunity, hence, the downside will be limited and upside could be 10-15-20 times for the right kind of bets. There a big opportunity in banking sector for next 10 years".
THEREFORE, BANKING SECTOR IS A BUY IN EVERY DECLINE.
Wednesday, May 09, 2012
1ST BINGO! TTK PRESTIGE FUTURES REACHED OUR SIXTH TARGET OF 3143
ON 08.05.12 WE RECOMMENDED TO BUY TTK PRESTIGE FUTURES AT CMP OF 2980 WITH A STOPLOSS OF 2950 FOR A TARGET OF 3013, 3038, 3063, 3093, 3128 AND 3143. OUR SIXTH TARGET ACHIEVED TODAY. BINGO! NOW NEXT TARGETS R 3163, 3178 AND 3193.
Tuesday, May 08, 2012
6TH BINGO! TTK PRESTIGE FUTURES REACHED OUR FIFTH TARGET
TODAY WE RECOMMENDED TO BUY TTK PRESTIGE FUTURES AT CMP OF 2980 WITH A STOPLOSS OF 2950 FOR A TARGET OF 3013, 3038, 3063, 3093, 3128 AND 3143. OUR FIFTH TARGET ACHIEVED TODAY ITSELF. BINGO AGAIN!
5TH BINGO! TTK PRESTIGE FUTURES REACHED OUR FOURTH TARGET OF 3093
TODAY WE RECOMMENDED TO BUY TTK PRESTIGE FUTURES AT CMP OF 2980 WITH A STOPLOSS OF 2950 FOR A TARGET OF 3013, 3038, 3063, 3093, 3128 AND 3143. OUR FOURTH TARGET OF 3093 ACHIEVED TODAY ITSELF. BINGO AGAIN!
4TH BINGO! TTK PRESTIGE FUTURES REACHED OUR THIRD TARGET OF 3063
TODAY WE RECOMMENDED TO BUY TTK PRESTIGE FUTURES AT CMP OF 2980 WITH A STOPLOSS OF 2950 FOR A TARGET OF 3013, 3038 AND 3063. OUR THIRD TARGET OF 3063 ACHIEVED TODAY ITSELF. BINGO AGAIN! NOW NEXT TARGETS R 3093, 3128 AND 3143.
3RD BINGO! SHRIRAM TRANSPORT FUTURES REACHED OUR FIRST TARGET OF 543
TODAY WE RECOMMENDED TO BUY SHRIRAM TRANSPORT FUTURES AT CMP OF 535 WITH A STOPLOSS OF 528 FOR A TARGET OF 543, 548 AND 553. OUR FIRST TARGET OF 543 ACHIEVED TODAY ITSELF. BINGO!
2ND BINGO! TTK PRESTIGE REACHED OUR SECOND TARGET OF 3038
TODAY WE RECOMMENDED TO BUY TTK PRESTIGE FUTURES AT CMP OF 2980 WITH A STOPLOSS OF 2950 FOR A TARGET OF 3013, 3038 AND 3063. OUR SECOND TARGET OF 3038 ACHIEVED TODAY ITSELF. BINGO!
1ST BINGO! TTK PRESTIGE FUTURES REACHED OUR FIRST TARGET OF 3013
TODAY WE RECOMMENDED TO BUY TTK PRESTIGE FUTURES AT CMP OF 2980 WITH A STOPLOSS OF 2950 FOR A TARGET OF 3013, 3038 AND 3063. OUR FIRST TARGET OF 3013 ACHIEVED TODAY ITSELF. BINGO!
BUY SHRIRAM TRANSPORT FUTURES AT CMP OF 535 WITH A STOPLOSS OF 528
WE RECOMMEND TO BUY SHRIRAM TRANSPORT FUTURES AT CMP OF 535 WITH A STOPLOSS OF 528 FOR A TARGET OF 543, 548 AND 553.
BUY TTK PRESTIGE FUTURES AT CMP OF 2980 WITH A STOPLOSS OF 2950
WE RECOMMEND TO BUY TTK PRESTIGE FUTURES AT CMP OF 2980 WITH A STOPLOSS OF 2950 FOR A TARGET OF 3013, 3038 AND 3063.
Tuesday, April 24, 2012
2ND BINGO! NIFTY FUTURES REACHED OUR SECOND TARGET OF 5238
TODAY WE RECOMMENDED TO BUY NIFTY FUTURES AT CMP OF 5196 WITH A STOPLOSS OF 5180 FOR A TARGET OF 5223, 5238 AND 5263. OUR SECOND TARGET OF 5238 ACHIEVED TODAY ITSELF. BINGO!
1ST BINGO! NIFTY FUTURES REACHED OUR FIRST TARGET OF 5223
TODAY WE RECOMMENDED TO BUY NIFTY FUTURES AT CMP OF 5196 WITH A STOPLOSS OF 5180 FOR A TARGET OF 5223, 5238 AND 5263. OUR FIRST TARGET OF 5223 ACHIEVED TODAY ITSELF. BINGO!
BUY BANK FUTURES AT CMP OF 10181 WITH A STOPLOSS OF 10050
WE RECOMMEND TO BUY BANK FUTURES AT CMP OF 10181 WITH A STOPLOSS OF 10050 FOR A TARGET OF 10328, 10363 AND 10398.
BUY NIFTY FUTURES AT CMP OF 5196 WITH A STOPLOSS OF 5180
WE RECOMMEND TO BUY NIFTY FUTURES AT CMP OF 5196 WITH A STOPLOSS OF 5180 FOR A TARGET OF 5223, 5238 AND 5263.
Monday, April 16, 2012
3RD BINGO! TTK PRESTIGE REACHED OUR SIXTH TARGET OF 3348
ON 11.04.12 WE RECOMMENDED TO BUY TTK PRESTIGE FUTURES AT CMP OF 3200 WITH A STOPLOSS OF 3180 FOR A TARGET OF 3228, 3248, 3263, 3298, 3323 AND 3348. OUR SIXTH TARGET OF 3348 ACHIEVED. BINGO!
2ND BINGO! TTK PRESTIGE REACHED OUR FIFTH TARGET OF 3323
ON 11.04.12 WE RECOMMENDED TO BUY TTK PRESTIGE FUTURES AT CMP OF 3200 WITH A STOPLOSS OF 3180 FOR A TARGET OF 3228, 3248, 3263, 3298, 3323 AND 3348. OUR FIFTH TARGET OF 3323 ACHIEVED. BINGO!
1ST BINGO! TTK PRESTIGE REACHED OUR FOURTH TARGET OF 3298
ON 11.04.12 WE RECOMMENDED TO BUY TTK PRESTIGE FUTURES AT CMP OF 3200 WITH A STOPLOSS OF 3180 FOR A TARGET OF 3228, 3248, 3263, 3298, 3323 AND 3348. OUR FOURTH TARGET OF 3298 ACHIEVED. BINGO!
Thursday, April 12, 2012
3RD BINGO! TTK PRRESTIGE FUTURES REACHED OUR THIRD TARGET OF 3263
YESTERDAY WE RECOMMENDED TO BUY TTK PRESTIGE FUTURES AT CMP OF 3200 WITH A STOPLOSS OF 3180 FOR A TARGET OF 3228, 3248 AND 3263. OUR THIRD TARGET OF 3263 ACHIEVED. BINGO! NOW NEXT TARGETS R 3298, 3323 AND 3348.
2ND BINGO! TTK PRESTIGE REACHED OUR SECOND TARGET OF 3248
YESTERDAY WE RECOMMENDED TO BUY TTK PRESTIGE FUTURES AT CMP OF 3200 WITH A STOPLOSS OF 3180 FOR A TARGET OF 3228, 3248 AND 3263. OUR SECOND TARGET OF 3248 ACHIEVED. BINGO!
1ST BINGO! TTK PRESTIGE FUTURES REACHED OUR FIRST TARGET OF 3228
YESTERDAY WE RECOMMENDED TO BUY TTK PRESTIGE FUTURES AT CMP OF 3200 WITH A STOPLOSS OF 3180 FOR A TARGET OF 3228, 3248 AND 3263. OUR FIRST TARGET OF 3228 ACHIEVED. BINGO!
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