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Recs 7
Nifty/Sensex – Correction or a Breather. A 100-300pts cut in a 1000 points rally is Logical not Scary
Nifty Technical View :The rise has been one way and a correction is natural but the move from 4600 to 5600 is 1000 points and suddenly people are not ready to accept a 100-250 points correction.Generally corrections can be 23.6%/38.2% or even lower but one can at least expect 23.6% once a top is confirmed.Such a corr...Read more »
posted by NOORESH MERANI on Thursday, February 23rd, 2012
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Recs 6
Advice for – Thursday, February 23, 2012
Last Trading Session: Market opened flat and moved positive to look at the high of 5630 just below EquityPandit’s predicted resistance levels of 5645. Sharp profit booking was seen from those levels and took market to 5500 levels. Sensex also saw supports just near EquityPandit’s predicted support levels ...Read more »
posted by ABHISHEK-PARAKH on Thursday, February 23rd, 2012
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Recs 9
Navbharat Ventures, Dr Reddys, Godrej properties and Bombay Burmah Investment Pick!
NB Ventures — the stock can see a quick move to 240 + levels.Dr Reddys — Keep a close watch on 1700 mark.Godrej properties — I continue to favor this management and the above stock is the best in real estate space in terms corporate governance. Watchout for a move above 680 for quick 10-15% jump.A q...Read more »
posted by NOORESH MERANI on Wednesday, February 22nd, 2012
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Recs 6
Advice for – Wednesday, February 22, 2012
Last Trading Session: As predicted by EquityPandit that market is positive and would move further up if 5540 holds for Nifty and Nifty possess resistance at 5617-5645 levels for Nifty and 18450 for Sensex and same happened. Market opened positive and had seen further positive movements seeing resistance near Equitypa...Read more »
posted by ABHISHEK-PARAKH on Wednesday, February 22nd, 2012
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Recs 8
Market outlook for rest of the week
We all watched the Breaking News on News channels and web-sites. Now the reality is that European leaders are all out to quick fix the Greece debt problem. That is why we advised our followers not to panic on down days, rather accumulate your favorite pick on such days.Now my dear investors I am always in the camp wh...Read more »
posted by ASHOKSHARMA on Wednesday, February 22nd, 2012
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Recs 7
Buy the Dips
The markets posted one more positive week. They have rallied about more than 1000 points from the bottom on the back of a ferocious rally fueled by FII inflows. How does one play it now?1. Such a fierce rally cannot get overturned in a day or a week. This rally should continue for some time to come.2. The factors whi...Read more »
posted by Nishit_Vadhavkar on Tuesday, February 21st, 2012
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Recs 6
Advice for – Tuesday, February 21, 2012
Last Trading Session: Exactly as predicted by EquityPandit that market would open positive with 30-50 points for Nifty and 120-160 points for Sensex with EquityPandit’s targets of 5572-5597 to be achieved with strong resistance of 5617 for Nifty and 18450 for Sensex and then profit booking may be seen and exact...Read more »
posted by ABHISHEK-PARAKH on Tuesday, February 21st, 2012
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Recs 8
Market today will be choppy with eye on Brussels
Euro zone finance ministers are meeting currently at Brussels to figure out the 2nd bailout package to Greece which will save it from default in March. But the million dollar question is will Greece stick to its strict tightening measure amidst protest on street. Any disorderly outcome on Greece will be painful for t...Read more »
posted by ASHOKSHARMA on Tuesday, February 21st, 2012
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Recs 9
Balaji Telefilms — Interesting High risk Value Play
The basic reason for me to first look into the stock after 3-6 mths when i first looked at it was the technical reasons which clearly gives me a short term buy above 45 close. Yes its very simple that it can move up to 55-60 quickly.On the fundamental side there are way too many reasons to not buy the stock at the sa...Read more »
posted by NOORESH MERANI on Friday, February 17th, 2012
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Recs 6
Advice for – Friday, February 17, 2012
Last Trading Session: Exactly as predicted by EquityPandit that market would open negative with 20 points for Nifty where profit booking would be seen where 5475 would act as strong support for Nifty and exactly same happened. Market opened negative exactly with EquityPandit’s predicted levels of 20 points for ...Read more »
posted by ABHISHEK-PARAKH on Friday, February 17th, 2012
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