MOVING AVERAGES

attached herewith a chart showing moving averages of nifty 50 stocks (30d/50dand 200 day)

 

red and blue clor indicates where they r quoted a on today.

 

look at no of stocks which r trading below 30day. not healthy.

 

no of stocks r trading near 50 dma.

 

time to be watchful for short and medium term.

 

good thing in this stastics is that all stocks r tarding above 200 dma.

 

Company Name	Current	Change	- SIMPLE MOVING AVERAGE -
	Price	%	30 Days	50 Days	200 Days
ABB	729.25	-0.24	704.57	717.57	546.72
ACC	769	-1.2	829.09	811.39	635.16
Ambuja Cements	99.85	1.27	100.9	97.97	79.81
Axis Bank	888.6	-0.07	886.46	859.52	596.73
Bharti Airtel	404.95	-1.85	409.32	406.21	361.11
BHEL	2,196.55	-0.19	2,249.43	2,207.26	1,722.73
BPCL	554.55	2.58	497.71	477.99	405.69
Cairn India	255.55	-0.33	245.12	238.05	194.56
Cipla	266	-1.63	273.21	269.7	222.56
DLF	412.85	0.45	391.51	361.57	268.59
GAIL	357.75	3.73	332.18	324.94	255.46
Grasim	2,607.50	0.03	2,686.91	2,605.39	1,790.17
HCL Tech	302.65	-2.09	265.35	236.8	158.14
HDFC	2,382.10	-0.51	2,416.44	2,405.06	1,855.35
HDFC Bank	1,435.40	-0.23	1,444.05	1,442.68	1,153.33
Hero Honda	1,547.75	-0.82	1,530.51	1,504.78	1,131.90
Hindalco	103	-0.82	103.14	94.49	67.17
HUL	267.65	0.19	269.49	269.09	250.33
ICICI Bank	735.95	-0.02	746.49	731.89	529.13
Idea Cellular	79.8	0.06	78.52	76.27	60.64
Infosys	2,187.20	1.03	2,059.78	1,956.19	1,502.78
ITC	226.8	-0.55	234.5	223.53	190.91
Jindal Steel	3,170.90	-0.02	3,022.07	2,831.91	1,673.27
Larsen	1,514.75	-1.14	1,505.01	1,493.17	1,028.46
Mah and Mah	813.05	-1.47	822.45	783.86	504.86
Maruti Suzuki	1,507.40	-0.13	1,382.67	1,271.16	853.73
NALCO	328.9	-0.53	320.83	308.26	249.68
NTPC	205.6	-0.7	210.4	205.46	188.86
ONGC	1,140.25	-1.32	1,156.69	1,112.44	874.88
PNB	678.4	-0.08	689.11	678.29	527.77
Power Grid Corp	106.35	-1.44	111.41	110.05	96.76
Ranbaxy Labs	315.65	-2.05	295.93	279.5	227.26
Rel Capital	890	-0.27	855.48	854.76	622.24
Reliance	1,930.80	-2.05	1,987.34	1,967.28	1,636.99
Reliance Comm	291.4	5.54	265.81	268.92	229.72
Reliance Infra	1,118.75	-0.22	1,154.44	1,151.19	802.82
Reliance Power	160.6	0.12	163.49	163.69	133.38
SAIL	160.1	0.41	167.67	163.09	116.39
SBI	1,747.00	0.73	1,751.03	1,720.68	1,379.63
Siemens	488.75	-1.63	472.32	464.91	338.8
Sterlite Ind	644.6	1.68	648.21	628.54	427.16
Sun Pharma	1,185.80	-0.36	1,200.59	1,190.52	1,156.17
Suzlon Energy	100.15	3.09	92.95	95.01	70.41
Tata Comm	488.05	-1.12	494.35	486.31	484.96
Tata Motors	510.3	-1.89	440.35	383.83	249.7
Tata Power	1,265.20	-1.37	1,284.06	1,218.70	922.89
Tata Steel	420.65	1.34	450.34	425.42	288.31
TCS	533.65	-0.18	518.21	474.69	329.27
Unitech	103.15	0.49	91.27	85.59	55.01
Wipro	551.6	-0.5	508.12	464.17	323.54

 

--
Posted By pankaj564 to PANKAJ SHAH at 9/03/2009 05:26:00 PM

--

Fwd: Sensex as on 3rd Sep 2009

friends,

 

Venky has done my job today and he has sent to me . so i am just forwarding what he has sent. he has done excellent job.

thanks Venky.

 

---------- Forwarded message ----------
From: Venky <venky.investing@gmail.com>
Date: 2009/9/3
Subject: Sensex as on 3rd Sep 2009
To: Pankaj shah <pankaj564@gmail.com>

Dear Pankajbhai,

 

The attached chart is same as you have been sharing on the groups and your blog, updated with today's values. I feel there may be a bounce tomorrow to maintain upmove. Also Sensex seems to be moving in a small triangle in this range which may top out at 16,200 or thereabouts.

 

I can't say for sure the extent of the fall, but from the fundamental bad news that is flowing in, it will not be small i think. The extent of correction may be steep.

 

China in 2007 corrected 1.5 months before India like now, Also Baltic Index is falling now (have attached excel sheet here), in china the number of ships waiting at harbor has reduced drastically - this may give rise to a commodity correction as in 2008, CLSA road report on India says rurals situation here is deteriorating fast hitting the consumption and the GDP. Also in entire market I am seeing many brokerage houses coming out with buy report now and no sells and only few holds. Everyone is saying economy is on recovery path, but fundamentals are not supporting. Market is due for correction, only thing timing may be by next week or end of this month. Lets see market is king. Thanks

 

Venkat

Fwd: SENSEX AS ON 2.09.09

look at chart.

we have reached very close to supports in rsi(5) and on trendlines. we must bounce from here to maintain upmove.

decisive close below 15200 can give deeper correction.

similar level in nifty comes around 4500.

those who have bought puts can plan to book profits around this support zone. if we brek below trend line then we can buy again.

oil marketing companies like IOC/HPCL AND BPCL has shown very good strength in todays lackluster market.

these 3 cos will get 10% share in OIL INDIA ipo at issue price.

BUY PUTS TO HEDGE YOUR PORTFOLIOS

market is sold off heavily today. we r facing very strong resistance near 61.8% zone around 16k and so far we have not been able to cross that barrier. nifty made new high but cld not sustain.on closing decisively below 15200 trendline from march lows will be broken and will indicate end of rally. buy puts and gedge yr portfolio.

************************************************************************************

update at 7.30 p.m.

as shown in chart link we reversed yesterday. today one more effort was done by bulls but not succeded. mkt was weak with more volumes.

https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgq4XR0i-XgThMFK3jzaviC_XFY9ZP6Trl8CnlYAJxyu9e5EkjSWh8KJHfv9VkA9qs26JlAgzvTW8vB6YAmZhNOAk64cDs_usC4t6GBYZtHjwtrrLYUkn7hFhWKoksOR2hB8ZlH8f0L8v4F/s1600-h/SENSEX+AS+ON+28.08.09-794687.PNG

in nifty mkt tested upper boundary shown in this triangle but in sensex it cld not test it.now we have to observe lower trend line giving support.if we break 15200 on closing basis then it will break and we can see deeper correction.otherwise bulls may try again to do one more attempt to take mkt on higher side.