Sensex

Sunday, December 04, 2011

**[investwise]** A Simple Way To Double Your Money? (111204)

 


"Hosting a webinar this week, I made an off-the-cuff remark that when trading Flow I aim to make 20 pips for every 3 trades I take. I was instantly greeted with derision in the chat room. "So little! Why even bother?' Which of course sent me into a state of paroxysm as I went on a five-minute tirade...

http://www.stock-investing-software.com/commentary/articles.html?next=17510

Ian

This week's "Tools of the Trade": http://snipr.com/tools-of-the-trade

Explicit NON-commercial advisory: Spot-on, advantageous, no-cost information, products and/or services presented weekly.
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This week's "Tools" topic: Do you have the trading chops to win a FREE American Gold Eagle coin? Or better yet, a funded futures account you can use to trade gold? Don't wait: Enter the PFGBEST Go for the Gold Metals Trading contest! You'll trade on a simulator platform, so there is NO risk to you! "Go for the Gold"!

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Fw: Sharekhan Top Picks

 
Sharekhan Investor's Eye
 
Top Picks
[December 03, 2011] 
Summary of Contents
SHAREKHAN TOP PICKS
The roller-coaster ride continued for the market. After the surge in October, the sell-off in November 2011 took the Sensex all the way down to 4700 level and threatened to break the multi-month range of the benchmark index due to the deepening of the euro zone crisis and the rising macro concerns domestically. However, the global markets have rebounded sharply in response to the concerted effort to infuse liquidity by the leading central banks of the world. The Indian government's initiative to push forward some key reforms has improved sentiments. Consequently, the Sensex gained more than 1,100 points (or over 7%) in the last one week alone.
Despite the last week's upsurge, the Sensex and Nifty ended with losses of 3.8% and 4.4% respectively since our last monthly revision in the Top Picks basket on November 5, 2011. The broader market lagged the benchmark indices and the CNX Mid-Cap Index depreciated by 7.3% during the same period. Given the multiple market capital mix of our portfolio and the unexpected slump in the power stocks like PTC India, the Top Picks basket also lost 6.2% during the month. However, the Top Picks basket continues to outperform all the key indices over all the time frames.
In this month, we are removing only one stock, Godrej Consumer Products (which has been part of the portfolio for a long time and given handsome returns). Though we continue to like the company but its vulnerability to foreign exchange fluctuations is making us cautious in the near term. However, we are adding two new stocks, Bank of Baroda (BoB) and Bharat Electronics Ltd (BEL). With the monetary tightening cycle at its peak, and expectations of both a cut in the cash reserve ratio and moderation in inflation going ahead, we are adding BoB, which is our preferred pick among the public sector banks under our coverage. BEL is being added purely due to its compelling valuations. Moreover, BEL tends to show a robust pick-up in execution in the second half of a fiscal.
 
"Sharekhan Limited, its analyst or dependant(s) of the analyst might be holding or having a postition in the companies mentioned in the article."
 
 

Click here to read report: Sharekhan Top Picks
     
Regards,
The Sharekhan Research Team
myaccount@sharekhan.com
 


Fw: ValueGuide: Chain reaction spikes volatility

 

Sharekhan Investor's Eye
 
Sharekhan ValueGuide
[December 03, 2011] 
Summary of Contents
EQUITY FUNDAMENTALS
THE STOCK IDEAS REPORT CARD

FROM SHAREKHAN'S DESK

Chain reaction spikes volatility

The euphoria generated in October over the approval of the Greece bail-out plan was short-lived. In November the euro zone crisis escalated spreading to more euro countries. The resulting strength in the dollar was the rupee's undoing. The local currency depreciated by nearly 8% and the macro environment deteriorated further. As concerns crowded in, the market went into a freefall plummeting by over 1,500 points during the month. Volatility has risen as stray positive news, such as that of opening of the retail sector to foreign direct investment (FDI) and concerted efforts from central banks of major countries to ease liquidity, are vying with the emerging concerns for the market's attention. Wild swings in the market sentiments are confusing investors.  

SHAREKHAN TOP PICKS
  • Sharekhan top picks 

STOCK IDEA
  • Raymond: Premium brand at a discount

STOCK UPDATE
  • Aditya Birla Nuvo: Strong performance; insurance business drives earnings
  • Bharat Heavy Electricals: Price target revised to Rs400
  • Bharti Airtel: Heightened seasonality hurt operational performance
  • CESC: Swing in other expenses changed bottom line picture
  • Divi's Laboratories: Growth momentum continues
  • Eros International Media: Price target upgraded to Rs298
  • Gayatri Projects: Price target revised to Rs310
  • Hindustan Unilever: A quarter of impressive performance
  • IL&FS Transportation Networks: Strong execution drives earnings
  • Ipca Laboratories: Super operating performance
  • IRB Infrastructure Developers: Strong execution led to robust performance
  • Jaiprakash Associates: Price target revised to Rs105 
  • Lupin: Milestone payments boost results
  • Madras Cements: Price target revised to Rs122
  • Mahindra & Mahindra: Toned down exhilaration
  • Marico: Price target revised to Rs156
  • Max India: Strong growth continues
  • Orient Paper and Industries: Cement division drives Q2 performance
  • Ratnamani Metals and Tubes: Price target revised to Rs132
  • Selan Exploration Technology: Higher realisation boosts performance
  • State Bank of India: Asset quality concerns persist, maintain Hold
  • Tata Chemicals: Surprises positively on the back of strong margins

SHAREKHAN SPECIAL
  • Q2FY2012 earnings review
  • FDI in retail

SECTOR UPDATE
  • Fertilisers: Consumption outlook for complex fertiliser looks positive 

VIEWPOINT
  • Coal India: Concerns priced in currently
 EQUITY TECHNICALS 
  • Sensex: Downward slope
 EQUITY DERIVATIVES 
  • Derivative view: Bulls back with a bang
 COMMODITY FUNDAMENTALS 
  • Macro-economy
  • Crude oil: Sell on rallies
  • Precious metals: Gold trading as a risk asset now
  • Base metals: Energised by liquidity move
  • Major economic events in December 2011 
 COMMODITY TECHNICALS 
  • Gold (London): @ Make or break
  • Silver: Monthly 20 moving average @ $29.8 
  • Light sweet crude oil: Bullish momentum intact
  • Zinc: Channeled Up
  • Lead: Nearing resistance
  • Pepper NCDEX: Bulls start a new journey
 CURRENCY FUNDAMENTALS 
Currency market: Asian currencies slide in Novembers
  • INR-USD CMP: Rs51.71
  • INR-EUR CMP: Rs69.66
  • INR-GBP CMP: Rs81.15
  • INR-JPY CMP: Rs66.57
 CURRENCY TECHNICALS 
  • USD-INR: Upside restricted
  • GBP-INR: Channelised move
  • EUR-INR: Back into the channel 
  • JPY-INR: Correction on the cards
 PMS DESK
Sharekhan PMS funds: Fund manager's view and product performance
  • ProPrime-Top Equity
  • ProPrime-Diversified Equity
  • ProTech-Diversified
  • ProTech-Nifty Thrifty
  • ProTech-Trailing Stops
 ADVISORY DESK 
Monthly performance of Advisory products
  • Smart Trades
  • Derivative Trades
  • MID Trades
 MUTUAL FUNDS DESK 

MF PICKS
  • Sharekhan's top mutual fund picks (equity)
  • Sharekhan's top SIP fund picks

EARNINGS GUIDE
"Sharekhan Limited, its analyst or dependant(s) of the analyst might be holding or having a postition in the companies mentioned in the article."
 
 

Click here to read report: Sharekhan ValueGuide
     
Regards,
The Sharekhan Research Team
myaccount@sharekhan.com