DEAR FRIENDS IIF AND IFN ARE TWO MAJOR FORGIN FUND INVESTED IN INDIAN MARKET, HAVE GOT BETTER CORELATION MOST OF THE TIME. AND IF IT SHOW BULLISH SIGH THEN IT CAN RIPPLE IN DALAL STREET TOO.

PLEASE TELL ME IF THIE GRAPH LOOK LIKE A JUNK. THE MAIN BODY IS THE PRICE CHART WITH VOL, 200MA ,50MA ,21MA WITH THAT I OVER LAYED THE MACD TO MAKE THE SIZE SMALL

BSE WEEKEND VIEW

HI FRIENDS SUPPER BRK OUT FROM FALLING LINE. FORGET 17000,LOW WAS 17445 NOT EVEN 17400. NOW ANY CHARTIST MAY HOPE BSE TO MOVE UP TO 20 K IN COMING DAYS TO TOUCH THE RAISING GREEN CHANEL. BUT WE HAVE STONG GAP RES @ 18274. THAT WAS BEHIND MY 18300 EXPAECTAION. ALSO rsI HAS RES @ 50 AND STOCHA ALSO AT OVER SOLD. NOW MAKE IT CLEAR IF 18274 CROSS (AM GOING PRECISE) WE CAN HIT 19552.

DISCLAIMER, CONDITION WHAT NOT ALL APPLIED

MY PRIVOUS POST

Bernnenke couldnt useful to be act as a catalyst for the rally. and bse also may go back to 17000 if it fail to cross the faliing trend line today... oh my levl r just to say direction.. i am learning know.. like yesterday i said 18000 coz 17963 was the 61,8% fibo of preceeding fall, so not to be precise in all that...

opening will be below pviot 17623

gap support at 17265

target 17400

but who care the supports when things go wrong..

the last support is Dallal st:

HI FRIENDS

RELIANCE MAY HAVE A BREAK OUT FROM THE TREND LINE TOMORROW. TARGET 2550 & 2650L: 2360

BAJAJHIND SEEM TO BE A GOOD SHORTING SCRIP

TARGET 140 & 117

SL:255

The bounce is expected start today & one can think of exiting the remaining LONGs at arround 18000. BSE_sensex ..{weekend post inserted)

week end view

Dear Friends. Folowing are my pick for the week and the major index charts..(BPCL) BSEew Gold $ oil

BPCL Can give us a gain in this Falling market CMP: 438 Target: 454 & 478

Stop Loss 417

BSE weakend view

BSE_ew_dly BSE_ew_weekly GOLD dly Gold wkly Dollar_dly

iolb

IOLB looks good in chart and may turn up now Target 350 & 460 Sl- 302

POWERGRID

POWERGRID is a good bet bet for long tearm target for this week 119 and 128 stop loss 105

SKUMAR

skumar can give 10 % gain in a week target 140 sl 119

PENINLAND

PENINLAND CAN GIVE A PROFIT OF 15% IN THIS WEEK TARGET 115 SL 92

for investors

RCOM is a good bet at cmp 575 target 650 this week and 770 soon here the stop loss in very difficult to me but i think a 5%loss is affordable when you expect a 30 % gain so sl 545 For investors To my opinion this is the time to start investing in the market. Surely. Why I think so coz, the worst seems to be over now and most of good fundamental stocks are at realistic price. It is futile to say the market direction at this point but even if the sensex take another six month to reach 21k there are many stock which can give 30 to 50% to the investor. Caution at this time is to take to be stock specific (see only bajajauto is the gainer in bse 30). and a strict stop loss to be followed. it is ones comfort level and it may be a pervious low or any percentage one can afford. And don’t expect some one to pull the trigger for you. For eg: RCOM I propose at around 800 in many forums with a sl 772 is reached below 500 ? today. all my stops hit and fell further down coz the market find its reason to fall when it reaches to peak and it doesnt care any good news when it is falling. Forget my target> 850. Can it not come 650 (next resistance)and then 750 in six months? Sure it will. Don’t dare to post a chart now it all looks so disgust. I am not advocating any trade but explaining the general situations now. I am glad to post my views on the forum to share with all my friends and know their comments on investing at this time of fear. Regards to all.

bear camp

BSE Weekend view

I belive that BSE will not go below 18886.

But there is no rule that it cant move down.

if it move below 1886 it is sure that we fall in bear camp.

the point & figure chart gives a price objective 18100

Reliance Communications Ltd was in news taht, Government of India, has made allotment of Start up Spectrum to the Company for providing GSM services under the Unified Access Services Licenses (UASL). This is in addition to the Company's existing CDMA services. Accordingly, the Company will, in due course, offer nation wide GSM services in addition to its existing CDMA services could be pick arround 800 traget :858 stop loss: 772 and the pharma and drug makers will gain more now. i have some

I T stocks are at bottom price and people have less intrest in it now. zensar is another one with good dividend history

BOMDYEING

BOMDYEING IS SHOWING GOOD SIGN

ZEE

YOU ARE BULLISH OR BEARISH IT DOESNT MATTER IT IS TRADING EVERYDAY COZ WHEN YOU ARE BEARISH IT SEEMS TO ME BULLISH. I EXPECT AN UP MOVE FROM HERE. AND ABREAK OUT ABOVE 354 WILL TAKE THIS STOCK TO 400 LEVEL

new listed

Burnpur Cement on Thursday got listed at Rs 15 on the National Stock Exchange at premium of Rs 3 (25%) to the issue price of Rs 12. The company had offered 219 lakh shares at Rs 12 per share in the initial public offering, which was subscribed 15.19 times.

Burnpur plans a 800 tonne per day capacity clinkerisation and cement grinding unit at Patratu in Jharkhand, expandable to 1,600 tpd. It will manufacture clinker, ordinary portland cement, portland pozzolona cement and portland slag cement

First day traded 1527 lakh shares in NSE

sonasofware

looks good in chart

cmp :54

target :74 & 100

sl : 49 (trading below49 for more than an hour or a closing below 49)

gold-stay long

it is from bpt new letter

dcmshricon brkout

DCM SHRIRAM CONSOLIDATE BREAK OUT TRGET 125. STOP 93. There was some news about DSCL in the early December that itis developing its Hydel Power Business and has set up a subsidiary namely DCM Shriram Infrastructure Ltd for pursuing this business. This Company has recently bagged a 108 MW Hydro Power Project at Chhatru in Himachal Pradesh under competitive bidding, and is progressing this project further also watch lokesh machines and ucal fuels