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We Dare To Predict.......
Where Dreams Come True......
Greece.................Already Gone.............
Italy .........Getting Ready to Go.........
Where is Portugal.........No Need to Tell........
Ireland......... Trying Hard ........To Join Greece......
Sooner Or Later......Spain......... to Join Greece.............
When All Eurozone Countries Joining Greece...........
Why France Will Lag Behind
Austria....Belgium.......Taking Oath to Join Greece Very Soon
If All Pillars Falling How Can Germany Survive.............
Be Ready For Germany Also.......
Eurozone Crises may not end in a dacade or two!!!!!!!!
Where Dreams Come True......
India's leading stock market index--Sensex-- is refueling for a 3700 point move in the near future. The direction of index depends on the direction of the break from a consolidation pattern.
The NIFTY will also move with the Sensex as both the indexes have similar chart patterns. In November last year, when the markets hit their previous highs from 2008, we had recommended that longs take their profits and aggressive bears initiate short positions. The downside target on the Sensex was 18,000, when the index was at 21,000.
After hitting it's previous peak in November 2010, Sensex hit the target we had mentioned and went further down to the 17,500 level. However, since hitting the peak the index has moved in a consolidation pattern called a symmetrical triangle. In a symmetrical triangle, price moves in a continuously narrowing range as buyers and seller battle to give market direction, but fail. The narrowing range forms a symmetrical triangle when we connect the peaks and valleys in price.
Once prices break out of the triangle they usually have explosive moves. Right now the Sensex is stuck in the triangle as shown in the graph. If the index closes outside the triangle on the downside, prices will head lower. On the other hand a close above the triangle's borders will take prices higher. Long term traders tend to avoid asset classes moving inside a symmetrical triangle. They take positions only after prices close outside the triangle.
When prices are moving inside the triangle, professional traders consider the asset class to be refueling for the next strong move. Since in a symmetrical triangle the direction of the the move is not predicted with a high degree of certainty, it's best to wait for prices to close outside the triangle before taking a position. However, the text books state that symmetrical triangles are continuation patterns. This essentially means that Sensex will continue it's upward momentum.
But one thing the text books don't talk about is the location of the symmetrical triangle. Just like the value of square foot of land is much higher in Nariman Point than in the suburbs of Mumbai, so is the location of the triangle. Since Sensex is near it's previous high, which is a strong resistance area, the likely hood of continued rally from the symmetrical triangle is low. However, had the a symmetrical triangle been near 12,000 with prices rising from 8000 the rally would have continued
How far the Sensex can go after the break from the triangle is estimated by the measured move. The measured move is the distance between the second touch in a the triangle and the trendline on the opposite side. In the case of the Sensex the measured move is a little above 3700 points. Once the Sensex breaks out of the triangle, 3700 points is applied at the point of break to estimate the target. For instance if the Sensex breaks below at 18,000, then 3700 is subtracted to arrive at a target of 14,300. On the other hand a break above at 19,000 can take the Sensex to news highs of 22,700
Written by MOHIT GAVHALE
1.FinMin approves 6 road proposals worth Rs 9,774cr.
Yes!!!!
The finance ministry has approved six road proposals at an estimated cost of Rs 9773.85 crore under public-private partnership (PPP).
The Public Private Partnership Approval Committee (PPPAC), chaired by Economic Affairs Secretary R Gopalan, had granted approval to the six proposals of the ministry of road transport and highways spread across five states.
Be Alert!!!!!!!!!!!!!!
Something not going good in market!!!!
Stay Cautious in Near Term!!!!!
Yes!!!!!!!
You All Know What Happened in Market!!!!!
Always..............track me Brings.......Accurate Idea of market Trends
When Street Talker Barking......
Street Talker Barking.....Nifty Can go 4800...4500...4200 Due to High Crude Price..........
Ongoing Scams Budget Worries
When.....................
1.Some Big Opertor Saying ENIL Heading to Four Figur in Next One Year & Raymond to Rs.600/-
2.Insider say Some Big Investor Eyeing on Trent & Shopper's Stop for Big Investment.
According to a recent report by Morgan Stanley Research on emerging markets , the first half of the year will continue to be difficult in terms of returns but the performance is likely to improve in the second half of the year!!!
The report highlights three possible scenarios for the MSCI Emerging Market Index-a bull case, a bear case and a base case. It assigns different weightages to each (see graphic).
Accordingly, the report says, earnings are likely to see a deceleration in EPS growth, from around 40% YoY in 2010 to 13% YoY in the base case and 4% in the bear case!!!
FII Figure!!!!!!
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What To Do Today........
Nifty....Today Face Resistence at....5648...5693....5740
Nifty.....Today Support at .....5555...5512...5485
Nifty Range...4800--------6600
TRACK ME RESEARCH......
NEXT TGT FOR
WE SHORT NIFTY @6100 TGT 5350 / 4800
OUR 1 TGT HIT NIFTY 5350
Scammmmmmmmm Rumors Every where So Stay Away...
Our Opininon for Today's Market.......
1.Stock Specific Movement Expected Today ......
2.Midcaps Looks Good........
INTRADAY HOT STOCKS: 15/07/2011
BUY RIL AB 874 TGT 880/885 SL 867 SELL BELOW 862
SELL TCS BELOW 1120 TGT 1105/1080 SL 1135 BUY ABOVE 1155
BUY DLF AB 236 TGT 240/244 SL 232 SELL BELOW 230
KEEP AN EYE ON RIL. CRUCIAL RES: 859-873, SUP: 845-820. TWICE A CLOSE ABOVE 859-73 BAND CAN OPEN UPSIDE FOR 885-900-15
positional SELL RCOM @ 108 TGT 85 / 60 SL 112 1 tgt hit
WEIZMANN FOREX
(Bse Ticker-533452 @ Rs.81/-)
Weizmann Forex Ltd. is a fully owned subsidiary of the Rs. 15 billion Weizmann Group that has diverse interests in Textile Manufacturing, Exports, Hydro and Wind Power generation, Foreign Exchange transactions, Inward Money Transfer and other financial services.
Western Union Money Transfer, for payment at Weizmann Forex Ltd., locations as authorized by Reserve Bank of India. Western Union Financial Services Intl., USA is the largest and most trusted service provider in the world and has been in existence since 1871, for immediate pay-out in 200 countries including India. Weizmann Forex Limited is a Principal Agent and also is the market leader in the Money Transfer having its own branches throughout India which are conveniently located. Weizmann Forex has also more than 35000 agent partner locations spread across Rural as well as Urban India .To send money to someone in India then make sure, you do it through Western Union Money Transfer and through Weizmann Forex Limited locations /agent partner locations for payment.
FORGET IF & BUT
TARGET
Rs.112/- Rs.140/- SL Rs.65/-
VIMTA LABS LTD
(Bse Ticker-524394 @ Rs.27/-)
Vimta Labs is India’s leading contract research and testing organization. Established in 1984 VIMTA has an envious track record of serving several market leaders across the globe.
VIMTA is a multi-site organization with more than 300,000 sqft world class laboratory facilities.
Big Operator Already Take Position in Stock!!!!
Expected to be Greatest Turnaround Story of 2011-2012!!!!!
TARGET
Rs.42/- Rs.60/-
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