Saturday 11 August 2007

Market View 13 August , 2007



VALUE BUYS AT DIPSSSSSSSSSS

ALTHOUGH MARKETS CLOSED -VE ON FRIDAY BUT WE SAW A LOTS OF VALUE BUYING HAPPENED AT LOWER PRICES. THERE IS ENOUGH LIQUIDITY IN THE MARKETS & ALSO FRESH BUYING HAPPENING ALL ROUND.

WELL NIFTY CLOSED ABV 4300 WHICH ARE GOOD SIGNS AS PER TECHNICALS.

SUPPORTS FOR NIFTY : 4300 , 4240
REISITANCES : 4365 , 4390 , 4405

WE EXPECT THE MARKETS AGAIN NEEDS TO BE CONSOLIDATED FOR ANY FRESH UP MOVES. THIS WOULD BE BETTER B4 THE MARKETS STARTS ANY FRESH BULL RUN.

WE WOULD LIKE TO CONCENTRATE ON RELIANCE PACK, ENGG STOCKS , AUTO STOCKS AT DIPS.

TAKE CARE OF PENNY STOCKS WHICH ARE MOVING UP & HITTING CIRCUIT SINCE LAST MANY DAYS. MAKE SURE THT U DONT HAVE ANY SUCH STOCKS ELSE IF U HAV THEN THERE IS SURE SOME TRAP.

OTHER STOCKS WHICH ARE PERFORMING ARE :-)

EDUCOMP
WHIRLPOOL
DEEP INDS
SHRE PRECOATED STEEL
CELEBRITY FASHIONS
CRISIL
ICRA
IDFC
IDBI
IFCI
IDEA
BHARTI AIRTEL
TITAN
SBI
ICICI BANK
EVERON & MANY MORE...........

CONTRA CALL ON AUTO STOCKS & PROPERTY STOCKS.

GOOD DAY, HAPPY INVESTING.
SOME MARKET QUOTES :-)


In light of the recent market action, this collection of market quotes is quite apropos:

"Markets can remain irrational longer than you can remain solvent."-- John Maynard Keynes

"The only thing that can console one for being poor is extravagance."-- Oscar Wilde

"It is pretty hard to tell what does bring happiness; poverty and wealth have both failed."-- Kin Hubbard

"The key to making money in stocks is not to get scared out of them."-- Peter Lynch

"If you owe the bank $100 that's your problem. If you owe the bank $100 million, that's the bank's problem."-- JP Getty

"You try to be greedy when others are fearful, and fearful when others are greedy."-- Warren Buffett

"A cynic is a man who knows the price of everything, and the value of nothing."-- Oscar Wilde

"Do you know the only thing that gives me pleasure? It is to see my dividends coming in."-- John D. Rockefeller

"A gold miner is a liar standing beside a hole in the ground."-- Mark Twain

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