January 2011
Thursday, January 13 2011
nifty spot intra
short / long - 5875 / 5901
stoploss - 5888 for both
L targets - 5914/27/40/53
S targets - 5862/49/36/23/10
Wednesday, January 12 2011
comments after IIP nos were announced ---
IIP NOs ..... i was commenting about MOM degrowth .... and it has come about 4.5 % degrowth ...... absolutely not acceptable ..... i was looking at about 2 % degrowth .......
cap goods is in line but still virtually no growth on MOM basis ........
consumer durables ... degrowth of about 18 % MOM basis .... and diwali was in NOVEMBER ... i dont know why many on the channels r saying OCT was a festive month .... may be it was for bengal... thats all ... for rest of india ... it was NOV .... for sure ..... but that bubble had to burst ... some time and it did ......
degrowth in intermediate goods .... means it will affect dec nos as well ...... it may also indicate destocking of inventories by OEMs ...... when will OEM destock ... intermediate goods ... when he does not see a strong flow of orders in near future ...... so it implies that dec also may not be very good .......
last dec was a huge jump on MOM basis .... that means we hv to hv 10 % .... repeat 10 % MOM growth for dec 2011 IIP nos to be positive ....... it is very uphill task ......... keep that in mind .....
Wednesday, January 12 2011
message on yahoo messenger before IIP nos ---
IIP nos ...... it is more or less certain that we r going to see degrowth on MOM basis .... and it wl not be taken kindly ....... sept and march are special months .... so apr / oct .... mom degrowth is given and acceptable ..... but not in other months ....... that is why i wrote yesterday .... that RBI will be in a dilemma .... but politics now warrants a rate increase ....... and we will have one ......
Wednesday, January 12 2011
nifty spot intra
short / long - 5798 / 5823
stoploss - 5810for both
L targets - 5835/48/60/73
S targets - 5785/73/58/46/33/21/08/5696
Wednesday, January 12 2011
| INTRA DAY | date | 12th january 2011 | ||
| stock | go | entry | targets | stoploss |
| BANK NIFTY | short | 10930 | 10870/810/750/690/630 | 10990 |
| long | 10990 | 11050/110/170/230 | 10930 | |
| CNX IT | short | 7235 | 7160/085/010 | 7310 |
| long | 7310 | 7385/460/535/610 | 7235 | |
| RELIANCE | short | 1020 | 1016/12/0804/1000/996 | 1027 |
| long | 1027 | 1031/35/39/42/46/50 | 1020 | |
| TATA MOTORS | short | 1170 | 1161/52/43/34/25 | 1179 |
| long | 1179 | 1188/97/1206/15 | 1170 | |
| TCS | short | 1108 | 1104/1099/95/90/86/81 | 1113 |
| long | 1113 | 1117/22/26/31/35 | 1108 | |
| ICICI | short | 1032 | 1026/20/14/08 | 1038 |
| long | 1038 | 1044/50/56/62 | 1032 | |
| SBI | short | 2638 | 2624/09/2595/80/66 | 2653 |
| long | 2653 | 2667/82/96/2711 | 2638 | |
| hdfc | short | 661 | 658.5/56/53.5/51 | 663.5 |
| long | 663.5 | 666/68.5/71/73.5/76 | 661 | |
| LT | short | 1792 | 1780/68/56/44/32/20 | 1804 |
| long | 1804 | 1816/28/40/52 | 1792 | |
| HINDALCO | short | 232 | 230.5/29/27.5/26 | 233.5 |
| long | 233.5 | 235/36.5/38/39.5/41 | 232 |
