Stock Market Charts | India Mutual Funds Investment

FM and PM should see and clarify this bcoz they a...

2012-05-19T12:40:11.367+05:30

FM and PM should see and clarify this bcoz they are the only responsible for this mayhem

real eye opener .... thanku

2012-05-18T22:38:45.251+05:30

real eye opener ....

thanku

Possible but Corporation Bank eps is Rs 100 out of...

2012-05-17T20:26:17.198+05:30

Possible but Corporation Bank eps is Rs 100 out of which dividend paid out is Rs 20.

Andhra Bank eps is Rs 13 thus giving sufficient headroom for more dividends.

But banks are already under pressure to maintain t...

2012-05-17T12:33:24.873+05:30

But banks are already under pressure to maintain the Capital adequacy and Basel norms. There has been wide spread discussion on infusion of equity in large and mid size banks by the government. In view of this, the dividend payouts may be expected to reduce.

Thanks for your comments, Jasi. The post was inte...

2012-05-15T11:03:43.158+05:30

Thanks for your comments, Jasi.

The post was intended as a wake-up call to blog readers to use me as a sounding board rather than as a crutch.

The type of question I'd like to receive from readers is: "I want to buy XYZ stock at the current price level because of the following three reasons. Am I on the right track or should I be considering some other parameters as well?"

The type of question to which you will not receive a straight 'yes' or 'no' answer is: "Is this the right time to buy XYZ stock or should I wait some more?"

At the end of the day, you should feel happy or sad about your own decisions - not about mine!

Sir, Happy to be a part of many others who have i...

2012-05-12T18:20:25.838+05:30

Sir,

Happy to be a part of many others who have inspired you to write this blog.
So, I'm glad to be the one who made you happy and sad to be the who made you not so happy.

The pattern looks more like a failed 'rounding...

2012-05-11T12:01:20.826+05:30

The pattern looks more like a failed 'rounding bottom' - if you join the bottoms touched in Feb, Mar and Apr '12. The fact that the index has dropped below the blue down trend line means Nifty is back in a bear market.

Sorry, I don't follow Elliott Waves. Always found them too complicated.

Thanks for your comments, Nasir. It is unfortunat...

2012-05-11T11:21:22.223+05:30

Thanks for your comments, Nasir.

It is unfortunate that too many investors deride technicals and most traders believe that all the fundamentals are 'in the price'.

Hi Subhankar, many accomplished traders look at fu...

2012-05-11T10:54:15.196+05:30

Hi Subhankar, many accomplished traders look at fundamentals and many respected fundamentalists look at technicals.

I think the key difference is that fundamentals tell you WHAT to buy/sell and technicals tell you WHEN it is likely to be a good time to buy/sell. In a way, both are inseperable - none can work in isolation.

the nifty broke descedning traianlge so it is ...

2012-05-10T15:19:09.079+05:30

the nifty broke descedning traianlge so it is bearsih do u agree with this
in ur analysis canu include elliot wave also

Please read the earlier comments, Ajay, and you wi...

2012-05-10T12:30:46.653+05:30

Please read the earlier comments, Ajay, and you will find your answer.

The best time to buy is when you have the money. That doesn't mean you should buy all at once. Stagger your purchases and use stop-loss.

Your question has already been answered in earlier...

2012-05-10T12:25:36.757+05:30

Your question has already been answered in earlier comments.

Learn to identify long-term support-resistance levels. Those provide good entry/exit points.

Remember that it is safer to buy on the way up instead of on the way down.

Reminds me about the comment in a letter to a frie...

2012-05-10T12:16:39.989+05:30

Reminds me about the comment in a letter to a friend by Sukumar Ray (father of Satyajit Ray, the movie director): "Don't worry if you haven't received my earlier letter, because I haven't written it yet."

Read the earlier comments and you will find your a...

2012-05-10T12:03:07.164+05:30

Read the earlier comments and you will find your answer.

Larsen and Toubro is in a bear market. You make money by selling the rises. Not by trying to catch a falling knife.

Wait for the trend to reverse and buy on the way up. It is next to impossible to catch the exact bottoms and tops. But near-enough works if you follow the trend.

The best place to enter/exit is near long-term support resistance levels.

Sir, Your mid week nifty updates are amazing, and ...

2012-05-10T09:24:40.189+05:30

Sir,
Your mid week nifty updates are amazing, and I havent even read it yet :)

As you said it is now below 450 levels comfortably...

2012-05-10T00:23:00.880+05:30

As you said it is now below 450 levels comfortably. Should we accumualate now. What is the right level to enter.

Is it right time to enter this stock (currently at...

2012-05-10T00:21:19.462+05:30

Is it right time to enter this stock (currently at around 430)

With markets falling, what is the good price to en...

2012-05-10T00:16:00.072+05:30

With markets falling, what is the good price to enter L&T

Appreciate your comments, Ajay. Technically, Sint...

2012-05-09T11:08:40.149+05:30

Appreciate your comments, Ajay.

Technically, Sintex is hesitating to take the plunge below its Dec '11 low of 59. A slight selling push may drop it lower.

Fundamentally, the company is concentrating all its efforts towards repayment of its FCCB obligations. While that shows commendable integrity from management, their operations seem to be taking a hit.

It may be better to look at companies that are much stronger both technically and fundamentally.

Dear Sir, You have been spot on to say that sinte...

2012-05-09T00:26:13.111+05:30

Dear Sir,

You have been spot on to say that sintex is headed much lower level. Now the stock is at 60levels. At this level, is there no value in the stock from long term perspective. FCCB against the cash holdings + other debt may take the net debt equity ratio to around 1:1.2, but still there is business thats doing well and they are growing? Whats your technical and fundamental view at this point.

Thanks for your comments, Jasi. S&P has not ...

2012-05-04T12:03:01.558+05:30

Thanks for your comments, Jasi.

S&P has not really covered itself with glory. They tend to be late and irrational with their ratings outlook. Greece recently got upgraded!

The ratings downgrade is likely to affect Indian companies with FCCBs more than FIIs. Some of the newer FII investments may get diverted from India.

IRB Infra director is a suspect in the murder of a...

2012-05-03T16:25:35.158+05:30

IRB Infra director is a suspect in the murder of an RTI activist:

http://www.indianexpress.com/news/shetty-murder-cbi-to-conduct-polygraph-test-on-7-policemen/944714/

normally people buy gold, stocks etc on Akshaya Tr...

2012-04-28T23:00:21.151+05:30

normally people buy gold, stocks etc on Akshaya Tritiya (which happened recently). I finally gathered took sense and gave myself a gift and the day my auspices by getting rid of all my loss makers. talk of spring cleaning! Good post.

Thanks so much Sir for making relevant and timely ...

2012-04-27T07:50:19.616+05:30

Thanks so much Sir for making relevant and timely posts! However, my question to you is, does it matter anyway? Whosoever has got to invest, will go it regardless, wont he?

IGL is a PSU, so the govt. was always there, but h...

2012-04-24T20:53:07.847+05:30

IGL is a PSU, so the govt. was always there, but had stayed away from meddling. Now the regulatory authorities have notified that IGL had been charging disproportionately high prices and should refund the excess amount to consumers. The matter is now in the courts.

Technically, the chart has made a gap-down 'panic bottom' at 188. Since panic bottoms tend to get breached, lower levels may be in the offing.

Buying can be considered if the court rules in IGL's favour.