BIOCON CMP 239.

BIOCON is correcting from top of 465 and has corrected up to 225 which is apprx 62% retracement of previous up move.

+ ve divergence is seen in daily as well as weekly charts in rsi.in current side ways and boring market stock can be added with stop loss on closing basis below 225 .

on closing above 250/260 zone it will become more stronger.

10.37 am 

28.04.2012

Happy New Year

NIFTY BEES SIP

attached here with details of nifty bees from NSE web site.

best to invest fixed amount at regular interval , say rs 10000.00 every month or 5000.00 every fort night, or smaller amounts every week.......... best averageing , mechanised investment in best stocks in emotionless manner........

all the best !

Nifty BeES Nifty BeES, the first ETF in India, is being introduced by BENCHMARK, an Asset Management Company on January 8, 2002. Nifty BeES trades on the Capital Market segment of NSE. Each Nifty BeES unit is 1/10th of the S&P CNX Nifty Index value. Nifty BeES units are traded and settled in dematerialised form like any other share in the rolling settlement. ISIN code INF732E01011 NSE symbol NIFTYBEES Series EQ Reuters code NBES.NS Face value Rs. 10 Benchmark Mutual Fund calculates and disseminates real-time NAV for Nifty BeES on its website www.benchmarkfunds.com and on Reuters Page BEES01. For further details you may visit the website www.benchmarkfunds.com Advantages of Nifty BeES Nifty BeES is Simple: Nifty BeES can be bought / sold like a share through any NSE terminal at prices available on the screen. The underlying portfolio of Nifty BeES very closely replicates that of the S&P CNX Nifty. Hence, Nifty BeES tracks the movement of S&P CNX Nifty. Nifty BeES is Economical: Nifty BeES is a no load scheme. The annual expense ratio including management fees is a maximum of 0.80% of the Daily Average Net Assets, which is one of the lowest for any mutual fund scheme in India. The costs reduce further to 0.65%, for assets over Rs.500 crore. Nifty BeES is Convenient: As it is listed and traded on the NSE, Nifty BeES can be bought / sold throughout the trading day just by a call to your broker. This gives you the power to react swiftly to changes in the market. You can even place limit orders. Nifty BeES can be held in your DP account with other portfolio holdings. Nifty BeES is Liquid: The structure of Nifty BeES attracts liquidity from various sources such as buying / selling by investors, arbitrage with index futures, arbitrage by authorized participants with the underlying shares. Nifty BeES is Neutral: The performance of Nifty BeES is simply the result of performance of shares in the S&P CNX Nifty Index and demand & supply in the market. There is no Fund manager bias. Nifty BeES is Transparent: As Nifty BeES replicates the S&P CNX Nifty, investors can know at any given point of time where and how much is invested in each stock. Nifty BeES gives Instant Diversification: Investing in just one unit gives exposure to fifty shares of the S&P CNX Nifty. This allows investors to spread risk with one single decision. Nifty BeES is an Equitable Structure: The unique "in-kind" mechanism of creating / redeeming Nifty BeES by exchanging a pre-defined portfolio ensures that long-term investors do not bear the cost of short term trading as observed in traditional Open-ended structure. This insulates long-term investors from short-term trading activity.

DARUWALA SEES SENSEX AT 20K IN APRIL - SEPT 2013

Bejan Daruwala, Astrologer is upbeat on India. According to his crystal ball gazing India is likely to be right at the top soon.

Continuing his bullish outlook, Daruwala sees SENSEX  to be at 20000 in between April and September. He says that the avenues of progress is likely to be in hotel, food, chemicals, agriculture, oil and cosmetics.

"Here are the avenues of progress, expansion, growth, demand, supply and finally profit. So again I say it starts around December, a 20,000 Sensex between April to September next year. Again finally and this is very exciting, India for all her corruption is on her way to the top because of this. This is context, communication, IT, correspondence. So believe me and I am 81, an professor of English and every time I come here and I was on the financial times also, India slowly surely will come right on top," Daruwala says in an CNBC-TV18's special show Mahurat Trading.

http://www.moneycontrol.com/video/market-outlook/star-gazing-daruwala-sees-sensex-at-20kapr-sept-fy13_606071.html?utm_source=Article_Vid

HAPPY DIWALI : SENSEX AS ON 25.10.2011

HAPPY DIWALI !

COMMENTS ON CHART .

Pankaj Shah

sensex monthly chart as on 13.10.2011

comments on chart.

sensex monthly chart as on 16.9.2011

comments on chart.

RETRACEMENT LEVELS

retracement levels for last fall from 19132 to 15766 are given below:

38.2%  17052

50%    17449 

61.8%  17846

78.6%  18412

must read

Date: 23 Aug 2011 03:24 Subject: LETTER OF THE EDITOR OF "THE TIMES OF INDIA " TO THE PRIME MINISTER OF INDIA To: Must Read ! Very Powerfully Worded. Bravo - Prakash Bajaj, Editor of   Times of India .                                                           LETTER OF THE EDITOR OF "THE TIMES OF INDIA " TO THE PRIME MINISTER OF  INDIA I am born and brought up in Mumbai for last fifty eight years. Believe me, corruption in Maharashtra is worse than that in Bihar . Look at all the  politicians, Sharad Pawar, Chagan Bhujbal, Narayan Rane, Bal Thackray, Gopinath Munde, Raj Thackray, Vilasrao Deshmukh all are rolling in money.  Vilasrao Deshmukh is one of the worst Chief ministers I have seen. His only business is to increase the FSI every other day, make money and send  it to Delhi , so Congress can fight next election. Now the clown has found new way and will increase FSI for fishermen, so they can build concrete  houses right on sea shore. Next time terrorists can comfortably live in  those houses, enjoy the beauty of the sea and then attack our Mumbai at  their will. Recently, I had to purchase a house in Mumbai. I met about two dozen builders. Everybody wanted about 30% in black. A common person like me knows this and with all your intelligence agency & CBI, you and your finance ministers are not aware of it. Where all the black money goes? To the underworld, isn't it? Our politicians take help of these goondas to vacate people by force. I myself was victim of it. If you have time please come to me, I will tell you everything.                                    If this has been a land of fools, idiots, then I would not have ever cared to write to you this letter. Just see the tragedy. On one side we are reaching moon, people are so intelligent; and on the other side, you politicians have converted nectar into deadly poison.I am everything Hindu, Muslim, Christian, Scheduled Caste, OBC, Muslim OBC, Christian Scheduled Caste, and Creamy Scheduled Caste; only what I am not is INDIAN.  You politicians have raped every part of Mother India by your policy of divide and rule.                                                           Take example of our Former President Abdul Kalam. Such an intelligent person; such a fine human being. But you politician didn't even spare him and instead choose a worthless lady who had corruption charges and insignificant local polititian of Jalgaon WHO'S NAME ENTIRE COUNTRY HAD NOT HEARD BEFORE. Its simple logic your party just wanted a rubber stamp in the name of president. Imagine SHE IS SUPREME COMMANDER OF INDIA 'S THREE DEFENCE FORCES. What morale you will expect from our defence forces? Your party along with opposition joined hands, because politicians feel they are supreme and there is no place for a good person. Dear Mr Prime minister, you are one of the most intelligent person, a most learned person. Just wake up, be a real SARDAR. First and foremost, expose all selfish politicians. Ask Swiss banks to give names of all Indian account holders. Give reins of CBI to independent agency. Let them find wolves among us. There will be political upheaval, but that will be better than dance of death which we are witnessing every day. Just give us ambience where we can work honestly and without fear. Let there be rule of law. Everything else will be taken care of. Choice is yours Mr. Prime Minister. Do you want to be lead by one person, or you want to lead the nation of 100 Crore people?                        Prakash B. Bajaj                                                            Editor Mumbai-Times of India                                                PLEASE READ N FORWARD TO AS MANY PEOPLE IN YOUR CONTACT LIST.............. IF EVERYONE FORWARDING THIS MESSAGE EVERYDAY, ATLEAST 10 NEW PEOPLE, THEN IT WILL REACH 1.21 BILLIONS OF INDIA INCLUDING PRIME MINISTER.                                            1ST DAY                                           10.00   2ND DAY                                          100.00   3RD DAY                                          1,000.00   4TH DAY                                          10,000.00   5TH DAY                                          100,000.00   6TH DAY                                          1,000,000.00   7TH DAY                                          10,000,000.00   8TH DAY                                          100,000,000.00   9TH DAY                                          1,000,000,000.00   10TH DAY                                        1,210,193,422.00

PROFESSIONAL TIPS

1. On Earnings: 

Never depend on Single income make investment to create a second source.

2.On Spending: 

If you buy things u dont need, soon you will have to sell things you need.

3.On Savings: 

Dont save what is left after spending, spend what is left after savings.

4.On taking Risk: 

Never test the depth of river with both feet.

5.On Investment: 

Dont put your all eggs in a single basket.