Archive for the 'Investment' Category

TRADING STRATEGY :31st December ‘08

Educational use only. Never intended as Trading/Investment advice.

“Don’t focus on making money; focus on protecting what you have.”

Support :2963———2951

(BREAK will create …Panic upto 2914-2902)

BSE INDEX :

DAILY :

Just Click image to enlarge

Have u seen Triangle of 3066 Points or Not ??

Triangle Height indicates ..Tgt of 9087

Below 12500..Bears will kill this Mkt.

Our Target Intact ,Sensex will go below 10000 level very very soon

Our Ultimate Target :7247–6084

Do u remember….above levels we were writing…Since ??

Dow plunges 733 on new disheartening economic data

Written by bhushan on Thursday, October 16th, 2008 in Investment, News, Stock Market.

Dow ends with a staggering 733-point loss as retailers report biggest drop in sales in 3 years

The economy lurched deeper into the doldrums Wednesday and took the stock market down with it, sending the Dow Jones industrials to a staggering 733-point loss and erasing any hopes that the convulsions that have shaken Wall Street for a month were over.

The daylong sell-off came as retailers reported the biggest drop in sales in three years and as a Federal Reserve snapshot showed Americans are spending less and manufacturing is slowing around the country.

TRADING STRATEGY :14th October 08 - NSE BSE Indian Stock Market

NIFTY - “Above 3562…Nonstop Rally upto 3770—3839 in hrs only ”

Today sell everything /Go short in NF around 3790-3800………strict stoploss :3839

Today……Before 15:00 Hrs…offload everything and enjoy panic selling.

“Screeeeeeeeeeeeeming Buy ”

Have u seen Triangle of 3066 Points or Not ??

Below 12500..Bears will kill this Mkt.

Our Target Intact ,Sensex will go below 10000 level very very soon

Our Ultimate Target :7247–6084

Do u remember….just 6 days back written….Two consecutive close below 12323 will take to 11748—11557 level.

US stocks extend huge losses over credit concerns

Wall Street extends huge losses as markets globally sell off over frozen credit markets

NEW YORK (AP) — Wall Street extended its devastating losses Friday, but prices swung sharply as investors scooped up shares decimated by more than a week of intense and panicked selling. The Dow Jones industrials, down nearly 700 points in the opening minutes of trading, recovered to a loss of just over 200, and the other major indexes fluctuated as well.

today

Written by bhushan on Monday, September 29th, 2008 in Business, Investment.

WAITING FOR THE………….
……………LIGHT AT THE END OF THE TUNNEL

WHEN EVERYTHING LOOKS GLOOMY AND DARK, FEARFUL & FRIGHTENING, DESPAIR & ANXIETY GRIP YOU, WHAT SHOULD YOU DO? WAIT FOR THE MORNING:)

SOME PEOPLE WHO ARE MORE BRAVE WOULD LIKE TO VENTURE OUT AND FACE THE FEAR HEAD ON, WHILE MOST WOULD PREFER TO CLOSE EYES AND PRETEND TO SLEEP.

MARKETS & MARKETMEN ARE UNDERGOING THE ABOVE SITUATION IN BROAD DAYLIGHT.

GAP FILLER ON THE WAY

Written by bhushan on Tuesday, September 23rd, 2008 in Business, Investment, Tips.

GOOD MORNING.
 
DEAR FRIENDS,
 
GAP FILLER ON THE WAY
 
SENSEX HAS LEFT A BIG HOLE A FEW DAYS BACK AND U.S. MARKETS HAVE BEEN KIND ENOUGH TO SEND IN THE SUPPLIERS TO FILL IT UP.
 
CRUDE LIVES IT UP ON DOLLAR POUNDING BY
EURO AND OTHER CURRENCIES. A RECORD WAS SET FOR A SINGLE DAY GAIN IN
CRUDE OIL PRICES DUE TO MANY FACTORS AND MAJOR BEING EXPIRY OF OCTOBER
CONTRACTS.
 
TODAY, SENSEX WILL MAKE A GAP DOWN MOVE
(AGAIN A GAP!!). GAPS HAVE NEVER HAD IT SO GOOD IN THE HISTORY OF STOCK
MARKETS, THEY KEEP APPEARING EVERY FEW DAYS. SUPPORTS ARE LINED UP AT
13860, 13740, 13600 & 13435. RESISTANCES ARE AT 14040 & 14160.
 
JET AIRWAYS LOOKS VERY WEAK AND IS HEADED TOWARDS 360 MARK IN COMING DAYS.
 
INVESTORS HOLDING LUPIN MAY KEEP A STRICT
EYE ON 700 MARK. A BREACH AND CLOSE BELOW WILL MEAN FALL TO 679 &
655 IN COMING DAYS. TRADERS MAY GO SHORT UPTO 727 WITH STRICT STOPLOSS
PLACED AT 731 FOR GIVEN TARGETS.
 
TAKE CARE!!
 
BEST REGARDS,
DISCLAIMER:
[The
above recommendations are based on the theory of Technical Analysis and
do not reflect the fundamental validity of the Scrip. Author will not
be held responsible for any losses, financial or otherwise, incurred.]

Good News

Written by bhushan on Friday, September 19th, 2008 in Business, Information, Investment, News.

US Market on Friday : Wall Street begins big rally on bank rescue hopes, temporary ban on short sales of financials.

QUICKSAND

Written by bhushan on Thursday, September 18th, 2008 in Business, Investment.

GOOD MORNING.
 
DEAR FRIENDS,
 
QUICKSAND
 
IT SEEMS U.S. FINANCIAL SYSTEMS ARE CAUGHT
IN QUICKSAND. THE MORE THEY TRY TO COME OUT, THE MORE THEY SINK IN.
AND, THEY TAKE RESCUERS DOWN WITH THEM.
 
ONLY HOPE FOR SENSEX IS TO HOLD ONTO
12800 OR IN THE WORST CASE 12200 (HIGHLY OPTIMISTIC ONE). TODAY, COULD
BE THE MOST DECISIVE DAY FOR BULLS. THERE ARE NOT MANY GOOD NEWS TO
LOOK FORWARD TO, THOUGH, THERE ARE NOT MANY BAD NEWS IN THE OFFING.  
 
IT IS ALWAYS SEEN THAT GOOD NEWS HOLD NO WEIGHT IN BAD TIMES.
 
WHAT WE NEED ARE SOME REAL BIG DOSES OF
GOOD NEWS FLOWING IN ONE AFTER THE OTHER TO STEM THE TIDE, IT IS ASKING
TOO MUCH AT CURRENT JUNCTURE.
 
BRACE YOURSELF FOR A HELLISH RIDE, AS
LOT’S OF UNCERTAINITY (DOUBT) IS BEING CREATED. CUT YOUR POSITIONS IN
EXTREME SHORT TERM TRADES, BE RUTHLESS WITH EXECUTION OF STOPLOSS
TRADES. INVESTORS HOLD YOUR PURSE STRINGS TIGHT - AVOID INVESTING
UNLESS ADVISED TO DO SO.
 
IT IS OF UTMOST IMPORTANCE TO CONSERVE CASH FOR WE CAN ALWAYS USE IT AT OPPORTUNE TIME TO MAKE MORE.
 
TAKE CARE!
 
BEST REGARDS,
DISCLAIMER:
[The
above recommendations are based on the theory of Technical Analysis and
do not reflect the fundamental validity of the Scrip. Author will not
be held responsible for any losses, financial or otherwise, incurred.]

TRADING STRATEGY :25th July ‘08

Monthly Chart indicates :Break and close below 12571 will take to 12205….101% last hope for Bulls.

Break below 12205 will take to 11694——11435.

(Sensex made A low of 12514 )

Yesterday Boldly written…..Above 13775 will kiss 14066-14163.Just see it kissed 14206 & closed @ 14104.

Weekly Chart indicates :Two Consecutive close above 14145 will take to 15124—–15450 level !!

Day Traders can see above 13878…No problem @ all.

(Above Statement…..written Day before Yesterday and just see from 13878….already zooomed to 14980 )

Our Target of 15124 ,15450 is intact.

इनकम टैक्स रिटर्न भरने की आखिरी तारीख 31 जुलाई है। लोग अमूमन इस दिन तक रिटर्न फॉर्म भर कर जमा करा देते हैं। लेकिन क्या आपने कभी यह सोचा है कि 31 जुलाई तक फॉर्म न जमा कराने पर क्या होगा।

अगर आपने वित्तवर्ष 2007-08 में अपनी इनकम पर टैक्स पूरी तरह से चुकता कर रखा है, तब आप 31 मार्च 2009 तक टैक्स रिटर्न बिना कोई पेनल्टी या ब्याज दिए जमा कर सकते हैं।



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