Another may be Balakrishna Industries
How do u guys anticipate markets tommorow.
I guess there may be a consolidation phase for a couple of trading sessions & then we can move towards a higher high on Nifty with a target of 5600-5650, before we see a small correction of 4-5%.
Media as a sector in my opinion for a medium term horizon wd be an Outperformer, with Den Networks & Hathway Cable from Mid-Cap space be the front-runners of the sector.
How do u guys anticipate markets tommorow.
I guess there may be a consolidation phase for a couple of trading sessions & then we can move towards a higher high on Nifty with a target of 5600-5650, before we see a small correction of 4-5%.
Media as a sector in my opinion for a medium term horizon wd be an Outperformer, with Den Networks & Hathway Cable from Mid-Cap space be the front-runners of the sector.
i bought BAG films n media in bulk yeasterday
how do u see dis in long term
I do not personally find it tht much convinving as the stats r not in its favor.
Its Net Profit YOY has been on a continous fall since 2007 & also P/B Value is high enough.
On a personal note i will suggest to go for a better peer for it in the same category.
Even Dish TV & Zee Ent from the Mid Cap space can perform well, in context of say 2-3 years time horizon
This Thread has become so dead from the past few days.
Where are the other puys gone.
Lets have a fruitful discussion of Markets.
aprofessor Saysis it worth applying in mcx ipo ?
mcx was worth applying for.....grey mkt premium is gud n it could see arnd 1300
its xpected to revive moribund IPO mkt in india...if mkts remain firm then xpect a gud listing
2day was so DISASSSSTROUSssss........was in train and wen returned home n watched the market score card !!! i knew dat DAMAGE had been done 😞
looks like wit the correction in d markets............everyone is busy buying !!! plz make dis thread alive again
Pretty funny chain of events in the Government's disinvestment programme regarding ONGC.
It basically failed due to the following reasons I believe,
- Merchant Bankers were against the floor price of Rs.290 which was higher than the CMP (2.3% higher).
- To avoid booking losses on the investment's side, PSU Banks cold shouldered the issue.
- The crude oil price is soaring at $106.7 per barrel and is expected to rise further, thus cautioning investors to stay away from ONGC since it's share price would fall in the near future hence weakening the sentiment.
It was perhaps the case of 'over optimism' from the Central Govt.
You can make money in the equity markets. Especially if you're conservative and in it for the long-term and you ignore short-term speculative non-sense in stock-picking chat forums 😃
I have friends who make a living just investing in the equity markets. I suggest spending a few months reading the essential investing books and avoid looking for short-term gains but long-term wins. once you show an ongoing trend people (including your friends) will offer to give you money so you can manage a bigger pot.
KFA - Buy or Sell? And why?
Dhaval Patel SaysKFA - Buy or Sell? And why?
KFA situation is going from bad to worse .. i feel its waste of time investing in it at least for short term .
i wont be surprised if the share price of KFA reaches as low as 9-10 Rs in coming months
definite sell at 20-21 range
mcx was worth applying for.....grey mkt premium is gud n it could see arnd 1300
its xpected to revive moribund IPO mkt in india...if mkts remain firm then xpect a gud listing
Big Bang listing @ 40% premium ! :clap:
opened @ 1408 in NSE
holding above 1300..huge appetite seen
Bringing focus on some policy level inaction which might result in ratings downgrade thereby will impact FII flows in near future:
http://economictimes.indiatimes.com/news/economy/indicators/sp-may-cut-india-rating-if-govt-persists-with-loose-fiscal-policy/articleshow/12164703.cms
ciao..
Bringing focus on some policy level inaction which might result in ratings downgrade thereby will impact FII flows in near future:
http://economictimes.indiatimes.com/news/economy/indicators/sp-may-cut-india-rating-if-govt-persists-with-loose-fiscal-policy/articleshow/12164703.cms
ciao..
Yup!! Man....I really dont see Economic condition of India getting any better atleast till Q2/Q3 2013...There are several loopholes in Monetary Policies of RBI and Morgan stanley has already revised their prediction for 2012/2013....Moody's are also sailing in the same boat as MS.Ratings are bound to take a beating.....:banghead:
DEar Kaaliya,
Whatever you mentioned i did not Understood.
I have just started learning TA.
I usually trade in Equity and commodity. never traded in Currency market.
I use Fib retracement, Moving avg and trend line calculations mostly.
Learning Elliot wave theory and Gan square currently.
I want to learn risk management techniques. Can u suggest somegthing on that ?
Sorry for the late reply....was busy with some other commitments....
The only reason i trade Forex markets is because they are 24 hour market and offer a lot more liquidity,so potential losses and gain are a tad higher than equity/debt markets.
Regarding TA tools,From my personal exp.,what i would advise you is to learn Candlestick charts,trend reversal patterns (Cause they reflect the market emotion),Moving averages(5 &12day is the best combination in my opinion),ADX & support and resistance.....
Master these and believe me,u will make profit on 80% of ur trades.(though there's no guarantee
as such).....Fibonaaci,Pivot,Trend lines can be auxiliary but will never be decisive.u can give them a miss,if u want to...
After all,u will never ever get a perfect trading oppurtunity,U will have to take a chance but an educated guess is always better than a mere TUKKA
Happy Trading!!!
AnYone Bullish on NSE:TECHM ??? Or have i asked the wrong Q..anyone bearish on TECHM ?? :biggrin:
Keeping the merger in mind....I guess if the stock breaks the resistance level of 700..its seriously gonna rally...Support at 600...good for setting a stop loss....In any case....BUYYYYY TECHM....its a win win trade atleast for a week or so...
P.S Just saw BLACKROCK's CEO advising Investor's to invest 100% in equities.Though he advised keeping the US bond and equity yield spread in mind,yet i coudnt agree more with him....Maintaining a diversified portfolio(bonds,equities,derivatives) is an apt theory for institutional investors...But for retail investors who love Taking risks(including me 😃 )....I guess Blackrock's CEO advice is worth taking....!!! of course,its my view-point... 😃
So,NSE:TECHM Finally broke the 700 resistance level (as predicted by me).....!!! Currently trading @ 715.....Those of u who have bought it yesterday could have easily gained 40 Rs. per share...!!! :)
I expect it to rally and since on the weekly chart the resistance is somewhere around 780-800 level....what can be done is set a stop loss at 695 (just below the major resistance level,which is support now) and let the market speak for u.... 😉 .... even if the stock slows down..u have nothing to loose.....!!!!
Happy trading guys!!!! 😃
whats your take on AVT natural guys?...it has a news lined up on 27th...declaration of interim dividend and the more interesting one is stock split!...i expect the split ratio to be 5:1, wont be surprsied if its 10:1 also....currently at 370-380 levels.....expecting it to touch 500 after the split(i.e 50 if ratio is 10:1..or 100 if 5:1)....100 percent export oriented company and so rupee devalaution again now can also work in its favour !
Though i dont follow AVTNPL,Yet from my point of view.....in the coming month or so...i think it is gonna trade in the range 400-460(best case scenario) since the market is seriously bearish at >460 levels.....From 2011 onwards the stock has already rallied and its in a period of consolidation(still highly liquid and volatile).....Though with the news coming it might give investors a more bullish outlook towards the stock(currently bullish) but stock reaching 500 level doesnt seem probable to me.....
If i was to invest in AVT probably i would wait for the market to shape up.....and if the resistance level of 425 is broken i would enter the trade with stop loss at 400...
Though not too sure coz i dont follow AVT and havent looked up its financial statements and performance over the past 3-4 years.!!!! 😃