ALERT

HERE U CAN SEE ALERT WHICH WAS SENT IN DEC 2007 BEFORE WE MADE A TOP AT 21206. JUST TRY TO COMPARE CURRENT  SITUATION WITH THAT . NO OF PARAMETERS DICUSSED AT THAT TIME R PRESENT NOW. OF COURSE WE WERE TRADING AT A VERY HIGH PE OF AROUND 28 IN THAT EUPHORIC PERIOD WHICH COMES ONCE IN A VERY LONG TIME FRAME LIKE 8 YRS.WE ARE TRADING AROUND PE OF 21+ AND WE NORMALLY TOP OUT AT PE OF 22.

 

HERE ALSO I WILL LIKE TO SAY THAT THIS IS NOT A SHORTING CALL BUT TO JUST REMIND TO GENEARTE CASH. BUYING CALLS WILL COME FROM ALL DIRECTIONS.

BE CAUTIOUS AND FOLLOW STRICT STOP LOSSES.

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

---------- Forwarded message ----------
From: pankaj564

Date: Dec 14 2007, 10:54 pm
Subject: ALERT : MKT MAY TOP OUT IN FEW WEEKS
To: investmentsupergrowth

market has formed last bottom in june 2006 at 8800. we r in 19 th
month from that bottom.february will be 21 st month (fibo no) from
bottom,so monthly trend may become down from there. so i expect
january may see a top.
last time in may 2006 we saw a top at 12671 and in june 2006 bottom of
8800 was sen . good erosion in prices was seen.
at present we can see no of parametrs which can indicate top coming
soon.
* mid cap and small cap out performance
* decrease in large cap turn over and increase in mid/small cap turn
over
* buying circuits in no of small cap stocks
* -ve divergence on charts
* valuations
* up move of laggard sectors
* up move of defensive stocks

so i expect december to end with bullish note with nav lifting moves
and by mid jan new top formation , bearish period may prevail in feb/
mar and april.

buying calls r given but finally net cash generation is must and
disinvestment of medium term investment is must to take advantage of
correction.

members may share their views.this is a probability not a shorting
call.

PankajShah

--

MOMENTUM STOCK : SATYAM CMP 108

BUY SATYAM FOR SHORT TERM TRADING CMP 108,

STOP LOSS 100

Fwd: SENSEX AS ON 25.08.09 AND RIIL CHART

LOOK AT CHARTS ATTACHED.

 

http://pankaj564.blogspot.com/2009/08/fwd-sensex-as-on-190809.html

5 DAY CHART

LOOK AT CHART

UPDATE AT 3.00 PM

ON CROSSING RSI TREND LINE MARKET ON FIRE !

SENSEX 15700+

CHEERS !

MOMENTUM STOCK ORCHID CHEMICAL CMP 111.50

BUY ORCHID CHEMICAL CMP 111.5

STOP LOSS 104.5

 

MICHHAMI DUKKADAM

MICHHAMI DUKKADAM to all readers

Fwd: TWO OPTIONS AS ON 21.08.09

looking at yeterday's upmove and global markets it seems we have completed downmove which started from 16002 at 14684 . as  i had discussed earlier that we may be in 5th wave than this upmove will be third sub wave to be followed by 4th dn and 5th up.

 

as i had shown in alternative wave count that if we are  correcting as Ba-Bb-Bc than we will be on last upmoving sub wave Bc-c. i have shown both options in attached chart.

 

sensex levels :- as discussed yesterday in 5 day charts first target and hurdle will be around 15500 and on crossing it , next hurdle comes at 16000 prev top.on crossing 16k we may face strong resistance betn 16200-16500 area and valuations will be also on higher side.so i think it will be advisable move to book profits on crossing 16k in investments .

 

i have shown rsi trend lines also in chart which are helping us in short term moves on both sides which can be tarcked by u on sensex charts easily. as it is always seen in last leg of rally now outperformance and heavy volumes r seen in mid and small cap stocks.care is to be taken that we r not stuck with high valued stocks at end of rally. so necessary strict stop losses r needed.

 

STOP LOSSES FOR LONG POSITIONS . FIRST AT 15135 AND SECOND 14684.

i will like to remind another bullish option i have been discussuing was 5th wave of first upmove and i had given wave count as below

13220-14493
14493-14170
14170-16002
16002-14684
14684-running

more over as per vivek patil analysis of 7 legged upmove a-b-c-d-e-f-g we might have completed f and we may be on g now to end this bull run.



SMALL CORRECTION: IN CHART WAVES R SHOWN AS d AND e. THEY SHD BE READ AS 4 AND 5 TO MATCH WITH NARRATION.

5 DAY CHAT

LOOK AT CHART 1, 2 AND 3

 

http://pankaj564.blogspot.com/2009/08/fwd-5-day-chart.html

 

 

 

http://pankaj564.blogspot.com/2009/08/fwd-5-day-chart_21.html

buy ghcl at 42

call from technical analyst NOORESH MERANI

 

buy GHCL at 42

 

target 47

 

stop loss 39.5

Fwd: 5 day chart

look at chart