Saturday, December 24, 2011

Protect right of Russian people to read Bhagavad Gita!
Please sign the petition. 
http://www.petitions24.com/gita

Суд над Бхагавад-гитой / Attempt to ban Bhagavad-gita

В России, в городе Томске, идет суд над одной из популярных священных книг мира – «Бхагавад-гитой как она есть» («Бхагавад-гита» в переводе и с комментариями А.Ч. Бхактиведанты Свами Прабхупады). Прокуратура города Томска предлагает признать самое известное священное писание индуизма экстремистской литературой. «Бхагавад-гита как она есть» переведена более чем на 80 языков и выпущена тиражом более 50 миллионов экземпляров! Ее считают своей главной книгой миллионы людей во всем мире!
Это абсурдное решение продавливается в суде с упорством, достойным лучшего применения. В ходе трех судебных слушаний экспертиза, на основании которой начался процесс, была признана «несостоятельной». Но прокуратура потребовала заказать новую экспертизу, причем не у признанных ученых-востоковедов, а у никому не известных сотрудников Кемеровского Государственного Университета. Все это наводит на мысли о предрешенности исхода суда. Эта практика напоминает средневековые судилища, костры из книг и процессы над инакомыслящими.
Подробная информация о претензиях прокуратуры и ходе процесса размещена в Википедии.
Уполномоченный по правам человека в Томской области, видные ученые-востоковеды, представители Общественной палаты России, посольства Индии, индийской общины и простые люди, относящиеся к разным конфессиям, уже высказали свое недоумение действиями Томской прокуратуры.
Мы требуем прекратить суд над священным писанием! Эта инициатива Томской прокуратуры задевает чувства верующих и позорит нашу страну!
После того как вы подпишите петицию - вам на e-mail придет сообщение с просьбой подтвердить свой голос. Необходимо пройти по этой ссылке, чтобы голос был засчитан. Это очень важно - иначе его аннулируют.
И, пожалуйста, помогите распространить эту ссылку по своим друзьям!

Tuesday, December 20, 2011

HDFC Bank

                                                           HDFC Bank daily chart (click on chart to zoom)

 HDFC Bank on daily chart is in downtrend making lower lows. Yesterday it made a low at 400 level which an    important psychological level. Stock today was up by 2% though nifty was down by more than 1%. Stock as per chart is at oversold level & has taken support from trend line. It should continue its up move in coming session also and kiss 440 in short term.
Stop loss should be at 400
CMP - 414.20

Monday, December 19, 2011

Tata Motors

                                                   Tata Motors daily chart (click on chart to zoom)

 Tata motors on daily chart has taken support from the base of Head and Shoulder pattern. Today it managed to close above its important 20 DMA. Both stochastic and RSI hav given bullish crossover with stochastic rising up from oversold territory. One can buy stock with short term target of 195. Stop loss should be kept at 172.
CMP - 179.8

Sunday, December 4, 2011

Hathway

                                                   Hathway daily chart (click chart to zoom)

 Hathway trading in narrowing triangle is about to breakout upside soon. Stock is trading well above its 20,50 & 100 DMAs. Breakout from triangle will take it to 130 in short to medium term.
Stop loss should be kept at 103.
CMP on friday was 115 

Wednesday, November 30, 2011

Sun Pharma

                                                                  Sun Pharma daily chart (click on chart to zoom)

 Sun Pharma today broke its downward trending line and closed above it with good volume. Also, it has given breakout from Cup and Handle formation which is bullish sign. Stock is trading above 20, 50, 100 and 200 DMAs from some time. It should touch 545 in short term.
Stop loss should be at 509 on long position.
CMP -525

Tuesday, November 22, 2011

Dabur Ltd

                                                               Dabur daily chart (click on chart to zoom)

 Dabur on daily chart broke the wedge pattern. It is in uptrend since last few trading sessions with rising volumes day by day. Both stochastic and RSI have made positive crossover, which confirms the uptrend
Stock to touch 105.5 in coming sessions stop loss at 99 is recommended.
CMP - 100,85

Indiabulls Real Estate Ltd

                                      Indiabulls Real Estate daily chart (click on chart to zoom)

 Like all other real estate companies Indiabulls Real Estate also was bitten by market and now it is trading in oversold territory. Today's bounce back from trendline support confirmed short term bounce back. We think that today's bounce back is likely to continue in coming sessions also.
Traders can buy stock with target of 68 and stop loss at 60.
CMP today was 63.3.

Monday, November 21, 2011

Strides Arcolab Ltd

                                                          Strides Arcolab daily chart (click on chart to zoom)

 Strides Arcolab is in strong uptrend making high tops higher bottom although our main index is making low tops lower bottoms and now it is near 52 week high although our main index sensex in at 52 week low. Stock is also trading above 20 and 50 DMAs which confirms the uptrend. We think that stock should continue its uptrend which is also confirmed by crossing of 20 DMA above 50 DMA which is bullish sign. Stock is likely to touch 430 in short term.
Keep a stop loss at 400
CMP as on today is 407.65

Wednesday, November 16, 2011

Lupin Ltd

                                                                    Lupin Ltd daily chart (click to zoom)

 Lupin is trading in 'rising wedge pattern' which is bearish pattern. Its bearish trend is confirmed by the way it broke all its important moving averages like 20, 50 & 100 DMAs. This downtrend is likely to continue in coming sessions.
CMP as on today is 455.95
target - 440
Stop loss - 465

Tuesday, November 15, 2011

Bata India Ltd

                                                              Bata India daily chart (click to zoom)

 Bata has formed double top in 700-740 price range indicating trend reversal from bullish to bearish. Stock rallied this year from 350 levels in jan 2011 to 700 in nov 11, despite bearish trend in our main index. Stock also slipped below its key averages like 20 and 50 DMAs. Traders can short the stock with target of 645 in short term.
Stop loss should be maintained at 700 levels.
CMP - 676 as on 14 Nov 11.

Sunday, November 13, 2011

Glenmark Pharma

                                                                     Glenmark Pharma daily chart (click to zoom)

 Glenmark on friday showed bullish engulfing candle stick pattern and also broke the resistance at 330.
Upward target of the stock in short term is 350 and in medium term is 370.
Stop loss at 325 recommended.

Friday, November 11, 2011

Wipro Ltd

                                                                       Wipro daily chart (click to zoom)

 Wipro on daily chart has broken out from CUP and HANDLE formation. Its 20 DMA has also crossed over 50 DMA and now it is above the latter, this confirms the uptrend.
Stock should kiss 400 level in short term.
One can use a stop loss at 370.
CMP as on today is 382.10

Tuesday, November 8, 2011

Yes Bank

                                                              Yes Bank daily chart (click to zoom)

 Yes bank on daily chart formed a bearish engulfing candle stick. Double top formation also confirms bearish trend in short term.
One can short Yes bank with short term target of 300 and stop loss at 315.
CMP  - 309

Monday, November 7, 2011

Arshiya International Ltd.

                                                     Arshiya daily chart (click to zoom)

 Arshiya on daily chart has broken from its consolidation zone at 154 level and is likely to continue its uptrend and touch 175 level soon. All its important daily moving averages like 20, 50 and 100.
One should maintain a stop loss at 155.
CMP on friday was 163

Friday, November 4, 2011

Welspun Corp Ltd

                                                      Welspun Corp daily chart (click to zoom)

 Welspun on daily chart formed double bottom yesterday near 102 level. It has also taken support from lower band of bollinger yesterday with higher trading volume than average daily volume for the stock. Its short term target is 122 with stop loss below 100.
CMP - 104.65 as on yesterday

Wednesday, November 2, 2011

Lupin Ltd

                                                                 Lupin daily chart (click to zoom)

 Lupin on daily chart is trading in rising wedge pattern and trading well above 20 & 50 DMAs since long time.
Stock should touch 490 soon.
One can go long on stock with stop loss of 466.
CMP as on today is 476.

Larsen & Toubro Ltd

                                                                                      L & T daily chart (click to zoom)

 LnT on daily chart has broken down from the base of Head and Shoulder pattern. Heading downwards to 1350. Keep a stop loss of 1400 on short positions.
CMP as on yesterday is 1390.

Tuesday, November 1, 2011

Indiabulls Financial Services Ltd

                                                          Indiabulls Financial daily chart (click to zoom)
  Narrowing triangle on daily chart indicates breakout on upside in coming trading sessions. Volumes were high yesterday indicating block deals at current level. Stock to zoom to 165 in short term.
Stop loss - 148
CMP as on 31 oct 11 is 153

Saturday, October 29, 2011

Hindalco

                                                            Hindalco daily chart (click to zoom)
 Rising from double bottom, this bullish momentum should take it to 150 in short term.
CMP - 142

Hikal

                                                                        Hikal daily chart (click to zoom)
 Hikal on daily chart has broke out of falling wedge pattern. It was trading sideways of few days before it broke out yesterday forming saucer pattern on daily chart. It is also well above it 20 and 50 DMAs.
Stock likely to touch 330 in medium term, also keep a stop loss of 275.
CMP as on yesterday is 293.5

Tuesday, October 18, 2011

Tata Consultancy Services

                                                                       TCS daily chart (click to zoom)
TCS today opened gap down on lower than expected quarterly result. Stock traded with high volume today compared to its average daily volume and broke 20 DMA, but it took support at 50 DMA at 1019. On daily chart TCS is in downtrend as it could not break its trend line. Both stochastic and RSI have given bearish crossover and current momentum should take it to 1000. One should also keep stop loss od 1055.
CMP as on today is 1033

Kingfisher Airlines

                                                                kingfisher daily chart (click to zoom)
 Kingfisher Airlines on daily chart has today broken its 20 DMA with huge volume (higher volume today compared to average daily volume). Stock is heading towards 26 in short term. One should put a stop loss of 22.4 on long position.
CMP as on today is 23.3

Thursday, October 13, 2011

Exide

                                                                        Exide daily chart (click to zoom)
 Exide on daily chart has taken support for third time time on it trend line and broke 20 DMA yesterday due to which bais for stock now becomes positive. Trend line also shows that it is in long term uptrend making higher highs and higher lows. From the current trend it is likely to touch 160 levels in medium term.
One should keep stop loss of 125 on long position.
CMP as on today is 136.35

Mcleod Russel

                                                                                 Mcleodrussel daily chart (click to zoom)
 Mcleodrussel on daily chart has taken support from its double bottom on 5 oct and its upside momentum is strong. It also broke its important Moving averages like 20, 50, 100 & 200.
It is now heading towards 285 in short term.
Keep a stop loss of 246, CMP as on yesterday is 258.8

Wednesday, October 12, 2011

Reliance

                                                                    Reliance daily chart (click to zoom)
 Reliance on daily chart is now near its resistance at 850. It is coming for the third time there making it weak resistance and should break it soon as it broke today its important 100 DMA below which it traded for long time. As shown in chart Reliance is trading in rising traiangle pattern and breaking its ceiling at 850 should take it to 880 in short term with stop loss below 840 and CMP as on 12 OCT 11 is 849. 

Monday, October 10, 2011

Tata Coffee

                                                                     Tata Coffee daily chart (click to zoom)
 Tata coffee on daily chart has given breakout and now heading towards 950 in short to medium term.
Today it broke its 20 and 50 DMAs with huge volume on a news of its upcoming alliance with Starbucks.
trendline is also showing uptrend with stochastic and RSI in positive crossover.
Target should be 950 with stop loss of 840.
CMP as on today is 889.

Thursday, October 6, 2011

Gitanjali Gems Ltd

                                                                      Gitanjali daily chart (click to zoom)
  Gitanjali on daily chart in strong uptrend and this uptrend is likely to continue till it reaches the level of 380. It is also trading above all its key moving averages. While nifty is still below its 20, 50, 100 & 200 DMAs.
Accumulate the stock for target of 380 with stop loss 330.
CMP as on 5th oct 11 is 349.

Wednesday, October 5, 2011

Jubilant Foodworks Ltd

                                                             Jubilant Foodworks daily chart (click to zoom)
  Jubilant foodworks on daily chart finished its uptrend on 30 sept 11 by breaking trendline above which it was trading opening gate for downtrend. On 4rth oct 11 it also broke 200 DMA at 716 with high volume. We see this downtrend to continue taking stocks to 600 in short term.

Monday, October 3, 2011

BPCL

                                                                 BPCL daily chart (click to zoom)
 BPCL on daily chart broke the downward trading channel with huge volume. The stock also closed above 20 and 50 DMA, both stochastic and RSI have made positive crossover and  trendline confims  the long term uptrend.
Traders can accumulate this stock with target of 760 and stop loss of 650.
CMP as on today is 679.

Sunday, October 2, 2011

COALINDIA

                                                                Coalindia weekly chart (click to zoom)


 Coalindia on weekly chart is in strong downtrend. It broke the base of falling wedge pattern last week.
It is also trading below its 20 weekly moving average. Stock likely to continue its downtrend and should touch 315 soon forming INVERTED SAUCER.
Sell coalindia with target of 315 and stop loss of 350
CMP as on 30 sept 11 is 333

Ranbaxy

                                                                      Ranbaxy daily chart (click to zoom)

 Ranbaxy in daily chart is in strong uptrend with rising volume. It broke all its important daily moving averages 20, 50 and 100 and managed to close above them. It is also trading in narrowing wedge pattern from which it should breakout. Both stochastic and RSI showing positive crossover.
target of ranbaxy should be 550 with stop loss of 480.
CMP as on 30 sept 11 is 513.85

Tuesday, September 27, 2011

Indiabulls Financial Services

                                                      Indiabulls daily chart (click to zoom)      
Indiabulls Financial Services on daily chart indicating buy signal as both stochastic and RSI showing positive crossover and stock broke its 20 DMA yesterday. Current momentum could take Indiabulls to 180 levels.
One can long this stock with target of 180 and stop loss of 155.
CMP = 161 as on 27/9/2011.  

Monday, September 26, 2011

Reliance Industries Ltd

                                                                    (click on chart to zoom)


Reliance on daily chart shows negative trend which could take it to 720 levels.It is trading at 4rth declining wave of Elliott wave theory.
It broke its important psychological level of 800 on thursday on negative news related to company and weak global markets. In downtrend since 21 sept 11 it is making lower lows with rising volume indicating more downside for the stock to come.
Traders can short stock with target of 720 and with stop loss of 800
CMP - 770

Saturday, August 27, 2011

MAHINDRA & MAHINDRA

                                                                                          M & M DAILY CHART (click to zoom)
Mahindra on daily chart has formed bullish piercing candle stick which is also inverted hammer after downtrend. In friday's weak market when Nifty broke 4800 and sensex 16000 which psychologically important levels the stock was up by 1%, this uptrend is likely to continue in comming trading sessions also.Short term traders can buy this stock with target of 735 with stop loss of 690.

Thursday, August 25, 2011

LUPIN

                                                                   LUPIN DAILY CHART (CLICK TO ZOOM)
Lupin on daily chart is trading in horizontal channel. It made support on 19 auggust at 439 at on 24th august it broke its 20 & 100 DMAs. Both stochastic and RSI have made positive crossover. On 19th august it also made inverted hammer candle stick which is bullish sign. Short term traders can accumulate this stock aat 450 with stop loss of 439 and target of 475.

Wednesday, August 24, 2011

TITAN

                                                          TITAN DAILY CHART (click to zoom)
Titan on daily chart took support at 200DMA on moday and made a candlestick which is bullish engulfing candlestick. Both RSI and STOCHASTIC hav made positive crossover, its short term target should be 225 with stop loss of 195
CMP - 208 as on 23/8/2011

Tuesday, August 23, 2011

EROSMEDIA

                                                          EROSMEDIA DAILY CHART (click to zoom)


EROSMEDIA on daily chart has formed double bottom at 190 level.
Its short term target becomes 215 with stop loss of 190
CMP 196
However its important psychological level becomes 200, one can wait till that level come to average on uptrend.

Saturday, August 13, 2011

RELIANCE POWER

                                                 RELAINCE POWER (click to zoom)
On monthly chart it is posing for DEAD CAT BOUNCE. It is now at same level from where it bounced in March 09.Any change in direction from current level would be a trend reversal.

SESA GOA

                                                    SESA GOA MONTHLY CHART (click to zoom)
Sesa Goa on its monthly chart is trading near its 61.8% retracement from November 2008 to march 2011. For long term one can accumulate near this level keeping stop loss below 230 month basis

Sunday, July 31, 2011

Indiabulls Real Estate


Indiabulls real estate closed below its important psychological level 100 at 99. Stock is coming at this zone for the fourth time from where it bounced back for last three times.
Now stock is coming for 4rth time making it weak support also it is below its spychological level of 100 making it good candidate for short.
But if on coming trading sessions stock manages to close above 100 then we should consider that it has again taken support from and make long with target of 110 and stop loss at 98
So wait and watch strategy for this stock should be preffered

Karnataka Bank


 Karnataka Bank on weekly chart is trading on upper trading channel. On friday it tested lower band of trading channel at 115 which is support on downside, breaking this trendline will take stock to lower level at 106 and then to 100.
Bounceback from this 115 level could take it to 130 in short term
High risk traders should buy this stock above 115 with stop loss at 110 with target of 130 

Thursday, January 20, 2011

Indian market on 20/1/2011

Sensex daily chart (click to zoom)
Sensex today opened in red and took support at 18820 where the 200 EMA exists, it bounced back from that level and went in green territory to close at 19046.
Technically stochastic is still in buy mode with RSI not giving positive crossover on daily chart.
Direction for sensex is unclear becuase of negative market breadth today..
We hope sensex breaks its important resistance 19065 tomorrow.

Wednesday, January 19, 2011

Indian market on 19/1/2011

Sensex daily chart (click to zoom)
 Yesterday market successfully bounced back and was in green zone, today it went up to 19065 and nose dived again in red territory over concerns of high inflation and fear of rate hike by RBI.
Technically RSI could not give positive crossover though stochastic in bullish zone.
we remain bullish for next few trading session

Tuesday, January 18, 2011

Indian market on 18/1/2011

Sensex daily chart (click to zoom)
Sensex seems to be in positive direction for few more sessions. On daily chart there is morning star candle stick formation. Which will keep sensex bullish for some time, but things like high inflation, rising fiscal deficit may weigh the markets dragging it down. On daily chart stochastic has made bullish crossover, looks like RSI is emerging from oversold region. We are bullish on sensex for some time now..

Monday, January 17, 2011

Indian market on 17/1/2011

Sensex dialy chart (click to zoom)
Sensex today was choppy with no clear direction. On daily chart it formed small doji candle stick pattern , if tomorrow market closes green it will be a morning star formation which lead to bullish direction of market to some more trading session. Technically RSI and Stochastic on daily chart both are still in sell mode. We see short term trend reversal. This argument is also supported by bounce back of sensex today from 20 EMA which is at 18183

Friday, January 14, 2011

Indian market on 14/1/2011

Sensex dialy chart  (click to zoom)
Sensex today broke its important support of 19065 and closed at 18860. The sell off was triggered by monthly inflation data for december 2010 which was out today. Worst inflation data and high WPI draged the index lower. Now we do not see any more correction as market has corrected by over 1500 points, technical bounce back is expected, but we are aslo cautious because the most important support 19065 from where market bounced back thrice in past has been breached.
lets see

Thursday, January 13, 2011

Indian market on 13/1/2011

Sensex daily chart (click to zoom)
Sensex closed today above 19065 level which is psychologically as well as technically important level for bulls. Bias for sensex remains positive until this important level is held. Fear of rate hike by RBI in its 27 jan policy review still looms which may further drag the markets, but technically we remain positive for some time now..

Wednesday, January 12, 2011

Top 10 Brokerage Houses in India

Many times trader or investor gets confusion for opening a demat and trading account in brokerage house. Many brokerage houses promises to you for better service but clients get problems due to trading session in thier broking house firm.
Here we are giving list of India's top 10 boking house on the basis of survey of investors and trader of many cities. In thier views following brokerage houses give reliable and best servises.

1.ICICI direct

2.India Infoline

3.Sharekhan

4.Kotak Securities

5.Indiabulls

6.Motilal Oswal

7.Bajaj Capital

8.SMC

9.Angel Broking

10.Reliance Money

Tuesday, January 11, 2011

How stock market works??

This video will give basic idea of how stock market works

Monday, January 10, 2011

Financial Measures to Consider before Investing in Nse/Bse Stock

Befor investing in any BSE or NSE scrip check out some financial ratios that can help you to know whether the company is on the financial footing.
Here are key measures to consider:
* Price to earning ration (P/E): For large cap stocks it should be below 20 for all other stocks (including small, mid cap companies) it should not exceed 40.
* Price to sales ratio (PSR): PSR should be as close to 1 as possible.
* Return on average equity (ROE): ROE at least growing up by 10% annually.
* Earning growth: It should be at least higher than 10% the year before. This rate should be maintained every year.
* Debt to asset raio: It should be at least half of total assets.