Yearly Archives: 2009

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One of the Funny Thing about Stock Markets is that Every Time One Man Buys, Another Sells, And Both Think They Are Astute – Henry Ford Profoundly exhibiting the predator’s instinct of the players.When there is always going to be a Loser , who is to be blamed. While educating the unfortunate one, stock markets… Read More »

This chart is a simple, weekly chart of the S&P 500 showing the end of of the last Bear Market compared to where we are on this one. The last Bear Market ended when the S&P broke a trend line to the upside, AND when its C-RSI (Relative Strength) reading went positive. Now in the… Read More »

The Hang Seng Index broke through 14000 and is headed for a test of the December/January highs at 15800. Breakout above 15800 would complete a wide double bottom reversal, offering a target of 21000 (calculated as 16000 + [ 16000 – 11000 ]). Twiggs Money Flow (21-Day) respecting zero from above signals buying pressure, while… Read More »

The Sensex is testing resistance at 10500; breakout would confirm reversal to an up-trend. Twiggs Money Flow (13-Week) shows a strong bullish divergence. Respect of resistance, while unlikely, would warn of another test of 8000.

HI all, Nifty is poised at a crucial juncture at this point of time A close above 3250 will take us to 3400 levels and if unable to cross and 3150 and 2980 are held the uptrend will resume.Statergy should be to buy on dips rathter than to Sell at rise. As it being Holiday… Read More »

ICICI is forming Cups and Saucer and Falling Wedge Pattern Both Signalling a reversal Pattern Further 387 is 100% Retracement from low of 314 As predicted from the pattern 385-387 is proving to be a resistance zone above which it can rally upto 396 and 414 Wait for a dip till 345-350 wiath a sl… Read More »

When the markets are down and stocks are cheap like cheap servers, it is an opportunity to look for high dividend yield stocks. . As long as you hold the stock concerned and as long as the company continues to pa y dividends at the same rate,your dividend yield is fixed for life, even if… Read More »

Hi All Nifty Technical Charts shows a strong resistance at 3250 so closing above 3250 is essential for a target of 3400 which is 200 DMA. But caution is advised on Longs as Negative Divergence is observed in RSI Now Strategy should be Buy at dips with a sl of 2980

Wockhardt, India’s seventh largest pharma company by revenue is witnessing a huge debt burden. It has a debt equity ratio of 2.3:1 as at 30/09/08. The total debt of the company is at Rs.3,400 crore while its net worth is at Rs.1,490 crore. The company has decided to approach the Corporate Debt Restructuring (CDR) cell… Read More »