Sensex

Friday, January 08, 2010

[sharetrading] Re: Market CRASH

 

Wow
Thanks Abe
Now yourself , HSRji and myself are singing in one tune
Optimists may join
Pessimists may stay out of markets
Afterall this is democracy

--- In sharetrading@yahoogroups.com, "A P Abraham" <abrahamap@...> wrote:
>
> Just today morning I was sitting with a friend and were discussing the
> market. One funny thing we noticed on the charts was that, market has broken
> upwards of a triangle and if all the books that teach us TA are right then
> the target of 5467 is achievable in a time span of 2 months from the break
> up date (24/12/2009), which coincides with the budget. Hence I feel market
> is headed upward only, even if one goes by the noise made by the puppets in
> govt.......
>
>
>
> So friends just forget the nay sayers and be positive above 5088 and use
> every dip for a buy.... That is what the adv/dec ratio is suggesting....
>
>
>
> However be selective below 5260. The previous top was 5167, hence that cd be
> a likely downward target for now.....
>
>
>
> Another theory suggests that markets are headed for 6600+++++ (Just 26%
> away) So who wants to wait for eternity for the elusive pick ups, will
> remain standing by the wayside watching as usual.......
>
> Keep the money active in positive scrips and exit the ones moving down.
> Being dynamic like this only one can be certain of being right most of the
> time. There will be losses, but they will be far and few in between...
>
>
>
> Abe
>

__._,_.___
Please use your discretion before acting on the ideas expressed in the group.
Happy Trading,
United we grow!!!
.

__,_._,___
Posted by nsivaa at 11:47 PM 0 comments

[sharetrading] Market CRASH

 

Just today morning I was sitting with a friend and were discussing the market. One funny thing we noticed on the charts was that, market has broken upwards of a triangle and if all the books that teach us TA are right then the target of 5467 is achievable in a time span of 2 months from the break up date (24/12/2009), which coincides with the budget. Hence I feel market is headed upward only, even if one goes by the noise made by the puppets in govt……………..

 

So friends just forget the nay sayers and be positive above 5088 and use every dip for a buy………… That is what the adv/dec ratio is suggesting…………

 

However be selective below 5260. The previous top was 5167, hence that cd be a likely downward target for now………..

 

Another theory suggests that markets are headed for 6600+++++ (Just 26% away) So who wants to wait for eternity for the elusive pick ups, will remain standing by the wayside watching as usual……………….

Keep the money active in positive scrips and exit the ones moving down. Being dynamic like this only one can be certain of being right most of the time. There will be losses, but they will be far and few in between………

 

Abe

__._,_.___
Please use your discretion before acting on the ideas expressed in the group.
Happy Trading,
United we grow!!!
.

__,_._,___
Posted by nsivaa at 11:33 PM 0 comments

[sharetrading] Re: Check whether you are still Engineer...

 

Anilji
One thing is sure
You are not a lawyer

--- In sharetrading@yahoogroups.com, Anil Satra <anilsatra@...> wrote:
>
> Answer is the password to open the attachment to write your name.
>
>  
>
>
>
>
>  
>
>
> What is the value of the second row?
>
>
>
>
>
>
>
>
> [
>
> [
>
> [
>
> ö
>
> = 11
>
>
> ö
>
> Y
>
> ö
>
> Ù
>
> = ?
>
>
> Ù
>
> Y
>
> Ù
>
> Ù
>
> = 11
>
>
> ö
>
> ö
>
> ö
>
> [
>
> = 9
>
>
> = 8
>
> = 21
>
> = 8
>
> = 7
>
>  
>
> This is a mathematical challenge, and it's been said that:  
> * If you're an engineer, you should be able to solve it in (under) three minutes,  
> * if you're an architect, in three hours;  
> * if you're a doctor, in six hours;  
> * if you're an accountant, in Twelve hours and  
> * If you're a lawyer, probably never.  
> The answer is the password to open the spreadsheet that is attached to this email. If you figure it out, open the spreadsheet, type your name in, save it and resend it to your friends.
>
>
>  
>  
>  
>
>
>
>  
>
>  
>
>  
> P Please don't print this e-mail unless you really need to.
>

__._,_.___
Please use your discretion before acting on the ideas expressed in the group.
Happy Trading,
United we grow!!!
.

__,_._,___
Posted by nsivaa at 11:04 PM 0 comments

[sharetrading] KSERA

 

Maybe the market could target 5400. In which case this scrip also could reverse.

Buy with SL 11.8. CMP 12.05

Though no proper signals are present, one may take a small packet. The down side seems limited by its past moments………..

The price has been trying to test the higher EMA,s almost continuously and volumes last 10 days shows appreciable increase and interest.

 

Try pick at 12.

 

Abe

__._,_.___
Please use your discretion before acting on the ideas expressed in the group.
Happy Trading,
United we grow!!!
.

__,_._,___
Posted by nsivaa at 10:41 PM 0 comments

[sharetrading] BSEL Infra

 

This stock has been crashing for a long time and is showing typical reversal patterns……….. with volumes and chart set ups.

CMP 17.6

Target 21.5

Break of which target 34

 

Abe

__._,_.___
Please use your discretion before acting on the ideas expressed in the group.
Happy Trading,
United we grow!!!
.

__,_._,___
Posted by nsivaa at 10:30 PM 0 comments

[sharetrading] North gate - BUY

 

Another pick CMP – 29.8

SL – 26.5

Showing increase in volumes as well as a good signal…………………

Remember this was a 600+ scrip sometime back………………..

 

Abe

__._,_.___
Please use your discretion before acting on the ideas expressed in the group.
Happy Trading,
United we grow!!!
.

__,_._,___
Posted by nsivaa at 10:19 PM 0 comments

[sharetrading] JCT elect

 

Another penny stock for those interested as it is showing high volumes these last few days……………………………….. Only a weak signal at present.

CMP – 2.5

SL – 2.35

 

Abe

__._,_.___
Please use your discretion before acting on the ideas expressed in the group.
Happy Trading,
United we grow!!!
.

__,_._,___
Posted by nsivaa at 10:19 PM 0 comments

[sharetrading] Austral

 

There was a question of Austral earlier….

In the last stage of a rally, even penny stock gives daily buy signals. But weekly and monthly signals are further away. Hence this also has issued one. Those who wish to risk it may do so now.

CMP 9.65

SL 9.4/9.1

 

Abe

__._,_.___
Please use your discretion before acting on the ideas expressed in the group.
Happy Trading,
United we grow!!!
.

__,_._,___
Posted by nsivaa at 7:35 PM 0 comments

[sharetrading] FII offloads small-cap IT stocks

 

FII offloads small-cap IT stocks

Investors pruning risky exposures as firm rupee can hurt them: Analysts.


K.S. Badri Narayanan

Chennai, Jan. 8

The rising rupee seems to have been a trigger for foreign institutional investors to sell many small-cap information technology stocks, going by the data on bulk and block deals available with the exchanges.

Among the stocks sold were Cranes Software, Kaashyap Technologies and Northgate Technologies.

Citigroup, through OrbiTech, has sold shares of Polaris Software while Nortel Networks has cut stake in Sasken Communications.

The foreign institutional investors include Macquarie Bank, Deutsche Securities, TAIB Securities and Swiss Finance Corporation.

According to analysts, the rising rupee would put strong pressure on IT companies, especially small ones.

The rupee has breached the 46 mark and gained 1.5 per cent against the dollar since January 1, and closed at 45.8 on Friday.

"We expect the positive demand impetus witnessed by Indian IT services to extend through 3QFY10E. We expect companies to report strong revenue growth ahead of the guidance. However, EBITDA margins are likely to see a downswing due to sharp rupee appreciation (average: -3.6 per cent QoQ) and wage hikes," said a research report from Ambit Capital.

Foreign institutional investors were net buyers to the tune of Rs 3,667 crore in 2010 in the secondary market, SEBI data says.

According to an Anand Rathi Securities report: "We expect IT service companies to be more optimistic regarding the macro-environment compared to the stance in the previous few quarters. While 2010 IT budgets are likely to be flat with a positive bias, managements might not provide significant clarity on them."

While the BSE Sensex and the NSE's S&P CNX Nifty gained 0.4 per cent each, the BSE IT index tumbled about 4.4 per cent since January 1.

According to Mr Arun Kejriwal of KRIS Securities, FIIs are cutting exposures that they feel are risky at this point of time.

"With the equity class giving out handsome profits in 2009, they first want to cut their exposure in tier-3 IT stocks, as appreciating rupee could hurt them more."

A recent India Infoline report said: "Margin is expected to contract by 100-300 basis points quarter-on-quarter for most (IT companies) due to multiple headwinds while the quantum of hedges would determine individual profit performance."

 
 

__._,_.___
Please use your discretion before acting on the ideas expressed in the group.
Happy Trading,
United we grow!!!
.

__,_._,___
Posted by nsivaa at 6:50 PM 0 comments

Stock Market India - Online Share Trading - IPO Updates

Stock Market India - Online Share Trading - IPO Updates

Elpro International to Consider Rights Issue

Posted: 08 Jan 2010 07:48 AM PST

The board meeting of Elpro International will be held on 11 January 2010 to consider and approve draft letter of offer for the purpose of rights issue. The stock was trading at Rs.608. The stock hit an intraday high of Rs.639.80 and low of Rs.608. Make Money Online

Read More...

AXIS IT&T to Consider Rights Issue

Posted: 08 Jan 2010 07:46 AM PST

The board meeting of AXIS IT&T will be held on 12 January 2010 to consider and approve the rights issue of equity shares. The stock closed the day at Rs.76.55, up by Rs.3.60 or 4.93%. The stock hit an intraday high of Rs.76.55 and low of Rs.75. Make Money Online

Read More...

Rohit Ferro Tech Rights Issue Plan

Posted: 08 Jan 2010 07:43 AM PST

Rohit Ferro Tech jumped 6.90% on BSE early morning today, after the company’s board approved issuing shares on rights basis. The company made this announcement after market hours on Thursday, 7 January 2010. The company is engaged in manufacturing ferro alloy products. Its products include...

Read More...

Mahan Industries Stock split Record date

Posted: 08 Jan 2010 07:21 AM PST

Mahan Industries has fixed 18 January 2010 as the record date for the purpose of sub-division / stock split of Rs 10 per share of the company into 10 shares of Re 1 each. Make Money Online

Read More...

IPCA Laboratories Hits All Time High on Stock Split News

Posted: 08 Jan 2010 07:18 AM PST

Ipca Laboratories surged almost 5% on BSE and hits all time high, after the company said its board will meet on 21 January 2010 to consider stock split. The company announced the board meet during trading hours today, 8 January 2010. The stock hit a high of Rs 1144.90 so far during the day, which...

Read More...
Posted by nsivaa at 6:42 PM 0 comments

[sharetrading] Early trading fails to bring in more volumes

 

Early trading fails to bring in more volumes


Our Bureau

Mumbai, Jan. 8

One week of extended trading hours has not translated into any significant increase in traded volumes on the stock exchanges.

Since Monday, the first day of a 9 a.m. opening for the exchanges, the average daily volumes in the Futures & Options segment on the NSE over the week have been in the region of Rs 50,000 crore; down from the December daily average of Rs 72,000 crore.

The cash segment on the exchange registered higher volumes - averaging Rs 17,572 crore daily for the week currently ended, against Rs 13,948 crore for December.

However, the cash segment accounts for a smaller proportion of the exchange turnover; also, the growth in this segment has nothing to do with extended trading hours, said analysts.

It is to do with the significant shift in investors' interest to the medium-sized companies, and away from the large ones, said Mr Alex Mathew, Head of Research at Geojit Financial Services.

"As the larger scrips are beginning to looks expensive, investors are shifting to the medium-sized companies, which is why the volumes traded in the F&O segments have dropped as many of the smaller scrips are not in the derivatives segment," he said. "Nothing has changed with the extension of market timings."

Market-men said they were not expecting any big increase in volumes anyway. "The change in trade timings does not seem to have served its purpose," said Mr Arun Kejriwal from research and information company KRIS.

"Firstly the price discovery, which was happening on the Singapore stock exchange, still has not changed as that market still opens ahead of the Indian markets," he added.

The purpose of countering the arbitrage opportunity in the Singapore markets also might not work as the trading margin on the product there is 10 times less than in India, and investors would still prefer the Singapore market, Mr Kejriwal said.

Some of the retail investors that Business Line spoke to also said the change in market timings has in no way altered their activity on their bourses. "I will trade when I have to, and that is at around three in the afternoon. That is when all the action starts as the European markets open then," said Mr Jason D'Souza, a regular stock market player.

Another, retail investor, Mr. Ravi B, from Kolkata, also said his buy and sell orders would be placed at 3-3.30 p.m. regardless of any trade timing changes. Brokers said this was a common practice among not only retail investors, but also high net worth and institutional investors, that they enter the market in the last hour of trade

 
 

__._,_.___
Please use your discretion before acting on the ideas expressed in the group.
Happy Trading,
United we grow!!!
.

__,_._,___
Posted by nsivaa at 6:37 PM 0 comments

[sharetrading] Fw: Monthly News Letter [1 Attachment]

 
[Attachment(s) from sarwesvaran.k Rks included below]



: Monthly News Letter

Please find the attachment of January Month News Letter.

                                    

PCS Securities Ltd.









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The INTERNET now has a personality. YOURS! See your Yahoo! Homepage.

__._,_.___

Attachment(s) from sarwesvaran.k Rks

1 of 1 File(s)

January
Please use your discretion before acting on the ideas expressed in the group.
Happy Trading,
United we grow!!!
.

__,_._,___
Posted by nsivaa at 8:18 AM 0 comments

RE: [sharetrading] MARKET CRASH

 

I don’t know if RIL, ONGC, Tata steel, infy, tcs, wipro are at their peaks and top of their resistance and inching/crawling upwards daily, well supported by bharti steady @328-331, icici bk hovering arnd @885, It makes me wonder if the expected correction is ever going to come… and am I trading on the wrong side of fence…

 

 

 

 

From: sharetrading@yahoogroups.com [mailto:sharetrading@yahoogroups.com] On Behalf Of A P Abraham
Sent: Friday, January 08, 2010 4:57 PM
To: sharetrading@yahoogroups.com
Subject: RE: [sharetrading] MARKET CRASH

 




My opinion – No repeats takes place in markets which can be fore told. One must remain dynamic, with trailing SL’s. Remember always – Live for another day. (In last 2 days I lost 3K by way of SL) Which is possible only if capital is intact. But I made more elsewhere is another matter…………………….. SL is to be used in both directions……….

 

Next week the direction of market will be clearer. My feeling is that the target of 5400 to be reached before budget…….. What is happening now, is just hiccups. Irrespective have been seeing buying happening in many stocks…………. So the correction will be elusive.

There are many stocks even now, which have value…………….. and which are below 50% of their 2 year highs………………

 

Look what happened to a quiet stock like Rsystems – 20% UC. 2 yr high 350. YCMP 93.5 yesterday. CMP 111, Target 140-160.

Look at auto ancilliary stoks – Fmgoetze, Omaxauto, pricol etc etc, which are all steadily and surely inching upwards………..

Next should be textile… which are available at throwaway prices even now…………….

Most stocks which I have quoted here have returned from 3-10%..... in few days……….

 

We are the eternal optimistic persons waiting for the elusive correction always…………. And I guess that is why we would remain amateurs…………

Why correction this time is elusive? I guess there is a huge money waiting on sideline to invest by way of PF funds, Insurance funds and me and you……………. So the makers will make us run out of patience and make us buy at the top. Once they are aware that we are in, then they get out leading to most crashes………….

 

Abe

 

 

From: sharetrading@yahoogroups.com [mailto:sharetrading@yahoogroups.com] On Behalf Of srinivas
Sent: Friday, January 08, 2010 4:22 PM
To: sharetrading@yahoogroups.com
Subject: [sharetrading] MARKET CRASH

 

 

As we kneww that markets had over grown, can we expect the same crash as in 2008 jan will repeat again..........




__._,_.___
Please use your discretion before acting on the ideas expressed in the group.
Happy Trading,
United we grow!!!
.

__,_._,___
Posted by nsivaa at 7:57 AM 0 comments
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