Sunday, September 19, 2010

Bank Nifty Views!!!

Glenmark Views!!!

Is this the TOP???...Ask PAUL The Octopus!!!

MTNL Views!!!

Gold Views!!!

Unitech Views!!!

Shanghai Composite Views!!!

HCC Views!!!

The stock had underperformed the market over the past one month till 13 September 2010, falling 12.34% compared with the Sensex's 5.73% jump. It also underperformed the market in past one quarter, gaining 10.96% as against 12.56% rise in the Sensex.
Lavasa Corporation has filed draft red herring prospectus with the Securities and Exchange Board of India (Sebi) for raising Rs 2000 crore from an initial public offer (IPO).
Lavasa is developing several hill townships near Pune, Maharashtra. Hindustan Construction Company (HCC) holds 64.99% stake in Lavasa.
Hindustan Construction Company's net profit rose 55.6% to Rs 28.31 crore on 13.7% increase in net sales to Rs 992.41 crore in Q1 June 2010 over Q1 June 2009.
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The weekly chart of HCC below shows a kinda CNH pattern (if one does take creative liberty), anyway the handle also looks like an inverted HnS!!! The resi band above (shaded in red) at 75/80 is mucho looked at coz any break above this with volumes will be a technical breakout and the might spurt overall buying….

A trading buy here with a stop wee below 60 for a target of 75/80 and then take stock of things from there on. On the other hand for the conservative trade we can buy here and on any dip if we get, place a stop below 55, and play for higher targets!!!

Suzlon Views!!!

New order powers Suzlon Energy Sep 16, 2010  14:57
The company made this announcement during trading hours on Wednesday, 15 September 2010, when the stock had lost 0.1% to Rs 51.65.
The stock hit a high of Rs 53.80 and a low of Rs 51.60 so far during the day. The stock had hit a 52-week high of Rs 103.99 on 22 September 2009 and a 52-week low of Rs 43.05 on 1 September 2010.
Suzlon Energy reported consolidated net loss of Rs 912.22 crore for Q1 June 2010, much higher than a net loss of Rs 452.67 crore for Q1 June 2009. Net sales slumped 42.2% to Rs 2398.65 crore in Q1 June 2010 over Q1 June 2009.
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That was the news and now to the weekly chart below;

The price is on the verge of breaking the 2 year downtrend line A buy here with an aggressive stop a lil below 50 , or a more conservative stop at 45 for a target of 65/68 initially. Further down the road we have 80 and roughly 95 if momentum picks up!!!

Friday, September 17, 2010

RiGhT nOw How R U Trading???

Been very busy lately with my business as my main season begins now till feb end…therefore the number of posts will decrease but not this drastically I hope… A beautiful vid to start your weekend with…