A brief session on why to use Technical Analysis and Sensex detailed T by Nooresh

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QUICKGAINS PREMIUM NEWSLETTER 11/09/08

GOOD MORNING.

DEAR FRIENDS,

CRUDE, METALS, RUPEE & EQUITIES.................

.................TUMBLE

MARKETS ARE WITNESSING AN UNUSUAL PHENOMENA!! FALL IN CRUDE OIL PRICES SHOULD BUOY UP EQUITIES, WHAT WE SEE IS A WEAKENESS IN THE GLOBAL EQUITIES MARKETS.

SLOWDOWN IN ECONOMIES GROWTH IS ONE SUBJECT THAT IS BEING DEBATED ACROSS THE ENTIRE GLOBE. THERE IS A FIERCE DEBATE GOING ON WETHER IT IS A SLOWDOWN OR RECESSION, WE BELIEVE, IT IS MORE OF A SLOWDOWN.

AFTER A SUSTAINED GROWTH PERIOD OF 5 YEARS FROM 2003 TO 2008, A BIT OF COOLING OFF IS CERTAIN AND NEEDS TO BE TAKEN IN STRIDE.

DEVELOPED ECONOMIES FEEL THE IMPACT IN MORE SEVERITY THAN DEVELOPING ONES AS THEY HAVE A BIGGER BASE AND ARE FREE ECONOMIES WHILE DEVELOPING ONES HAVE TIGHT CONTROLS BY THEIR RESPECTIVE GOVTS.

WE WILL WITNESS THE NEGATIVE TREND TO CONTINUE FOR FURTHER 3 TO 6 MONTHS PEPERED WITH UPWARD SPIKES IN BETWEEN. MARKETS WILL THROW UP SOME OF THE UNSEEN & UNHEARD OF BUYING OPPORTUNITIES IN BLUEST OF BLUE CHIPS. BE READY TO GRAB THEM. LONG TERM INVESTORS WILL HAVE THEIR HANDS FULL AND WILL BE SPOILED FOR CHOICE.

AS WE HAVE BEEN SAYING, A FALL BELOW 14100 THIS TIME AROUND WILL MEAN A BREAK DOWN TO 13300 TO 13100 MARK.

TODAY, SENSEX FACES RESISTANCES LINED UP AT 14710 & 14810. EXPECT TO SEE A GLIMMER OF BULLISHNESS ABOVE 15000. TILL THEN, EVERY RISE IS AN OPPORTUNITY TO SELL AND BUY LOWER. SUPPORTS ARE PLACED AT 14550, 14455 & 14200.

LIC HOUSING FINANCE - WILL REMAIN WEAK IF TRADES BELOW 330 TO DROP TO 316 & THEN TO 299 IN EXTREME SHORT TERM. BULLISH REVERSAL POSSIBLE ONLY ABOVE 338. USE RISE UPTO 330 TO GO SHORT.

PUNJ LLOYD - GO SHORT ON RISE AROUND 310 WITH STRICT STOPLOSS PLACED AT 316.50. EXPECT FURTHER WEAKNESS IF TRADES BELOW 293 TARGETTING 284 IN EXTREME SHORT TERM.

TAKE CARE!!

BEST REGARDS,

NS FIDAI
DISCLAIMER:
[The above recommendations are based on the theory of Technical Analysis and do not reflect the fundamental validity of the Scrip. Author will not be held responsible for any losses, financial or otherwise, incurred.]
NOTE:
[ If you wish to discontinue recieving the daily newsletter, please reply mentioning "UNSUBSCRIBE"]

QUICKGAINS PREMIUM NEWSLETTER 12/09/08

GOOD MORNING.

DEAR FRIENDS,

TOO MUCH RELIANCE

MARKETS HAVE BEEN HUNTING WITH RELIANCE INDUSTRIES FOR QUITE A LONG TIME. NOW, IT HAS COME TO HAUNT AND HUNTER BECOMES HUNTED. WEAKNESS IN RELIANCE INDS IS BEARING HEAVILY ON MARKET SENTIMENTS.

RELIANCE INDS. WILL MOST PROBABLY HIT 1850 IN EXTREME SHORT TO SHORT TERM. STOCK IS IN BEARISH TREND IN SHORT TO MEDIUM TERM. WHICH COULD REVERSED ONLY ABOVE 2150 & 2220. TILL THEN, EVERY RISE WILL BE AN OPPORTUNITY TO SELL.

ON BACK OF POSITIVE CLOSE ON DOW, NEW LOW IN CRUDE OIL PRICE, ASIAN INDICES IN POSITIVE TO MINOR LOSS & INFLATION COMING DOWN ARE MAJOR UPSIDES FOR THE DAY.

RUPEE FALLING BELOW 45 IS GOOD NEWS FOR EXPORTERS - TECH, HOSPITALITY, TEXTILES & READYMADES, GOLD & DIAMOND JEWELLERY & OTHER SUNDRY SECTORS. AND BAD NEWS FOR, NET IMPORTERS - OIL & GAS & REFINERIES.

TODAY, SENSEX MAY FACE RESISTANCES AT 14495, 14555 & 14670. WILL REMAIN WEAK BELOW 14375 TO FIND LOWER LEVELS AT 14205, 14160 & 14090.

INDIAN OVERSEAS BANK MAY SEE A MINOR BULLISH MOVE ON CROSSOVER OF 105 TARGETTING 115 IN EXTRME SHORT TERM. ONE MAY BUY ON DECLINES UPTO 98 WITH STOPLOSS PLACED AT 96 OR ELSE, WAIT FOR STOCK TO GAIN MOMENTUM (ABOVE 105) MAINTAINING STOPLOSS AT 102.

TAKE CARE!!

BEST REGARDS,

NS FIDAI

QUICKGAINS PREMIUM NEWSLETTER 10/9/08

GOOD MORNING.

DEAR FRIENDS,

SKELETONS IN THE CUPBOARD

U.S. HAS BROUGHT OUT LEHMAN BROS ( A BIG TIME BANKING FIRM ) AS THE NEXT CASUALTY OF SUB PRIME FIASCO. THE NEWS WAS LONG OVERDUE, BUT WAS KEPT UNDER WRAPS FOR REASONS BEST KNOWN TO REGULATORS OF U.S. ECONOMY.

NEWS HAS BROKEN THE BACK OF DOW AND IT IS DOWN ALMOST 280 POINTS. EVEN THE FALLING CRUDE WAS NOT ABLE TO STEM THE SLIDE OR IS IT THAT THE SLIDE COULD HAVE BEEN MUCH BIGGER??

SENSEX HAS 2 SUPPORTS PLACED AT 14400 AND 14200. A BREAK BELOW 14100 WILL MEAN A DEEPER CORRECTION TO 13300 - 13100 REGIONS.

ARVIND MILLS WILL TURN WEAK BELOW 33 TO CRASH TO 30.50 AND BELOW 30 WILL SLIDE LOWER TO 27.50. BULLISH REVERSAL IS POSSIBLE ONLY ABOVE 36.

TODAY, SENSEX WILL REMAIN UNDER PRESSURE BELOW 14870 AND MAY TEST 14740 & 14590. ONLY ABOVE 14910, ONE MAY NURSE FEELINGS OF BULLISHNESS. UPSIDE RESISTANCES ARE PLACED AT 15025 & 15150.

TAKE CARE!!

BEST REGARDS,

NS FIDAI

DISCLAIMER:[The above recommendations are based on the theory of Technical Analysis and do not reflect the fundamental validity of the Scrip. Author will not be held responsible for any losses, financial or otherwise, incurred.]NOTE:[ If you wish to discontinue recieving the daily newsletter, please reply mentioning "UNSUBSCRIBE"]

QUICKGAINS PREMIUM NEWSLETTER 01/08/08

GOOD MORNING.

DEAR FRIENDS,

FRACAS ON FRIDAY

MARKETS ARE EXPECTED TO REACT TO DOW'S DOWNFALL AND SEE A GAP DOWN TO POSSIBLE LOWER LEVELS OF 14085 & 13880. SENSEX MAY FEEL HEAT AT 14220 & 14295.

LIGHT STOCK PICKING ACTIVITY AROUND 13800 MAYBE CONSIDERED IN A VERY JUDICIOUS MANNER. AVOID GOING FULL ON LONG.

KEEP LOOKING FOR STOCKS WHICH HAVE COME OUT WITH EXCEPTIONAL AND EXTRA-ORDINARY PERFORMANCE. CONSIDER BUYING INTO THEM WITH A LONG TERM VIEW IN A PHASED MANNER.

ANDHRA SUGAR (BSE CODE 590062) CMP 97.65
A DIVERSIFIED SUGAR COMPANY, WITH BOOK VALUE EXCEEDING Rs.111 EPS Rs.15 DIV. 50% ON FACE VALUE Rs.10
STOCK IS HIGHLY UNDER-RATED AND DESERVES BETTER VALUATIONS. WE BELIEVE CHERRY PICKING ON THIS COUNTER WILL FETCH HANDSOME RETURNS IN LONGER TERM. THE COMPANY ALSO HOLDS CONSIDERABLE STAKE IN ANDHRA PETROCHEMICALS. TECHNICALLY, A CLOSE ABOVE 105 COULD FETCH US EXTREME SHORT TO SHORT TERM TARGET OF 125. BUY ON DECLINES UPTO 88. MAJOR SUPPORT AT 75.

TAKE CARE!!

BEST REGARDS,

NS FIDAI

QuickGains Premium Newsletter 17/07/08

GOOD MORNING.

DEAR FRIENDS,

SUNNY DAY AHEAD!

12300 - 12800 RANGE SUPPORTS BELEAGURED BULLS. IT WOULD BE FAVOURABLE FOR BULLS TO HANG AROUND BY WHATEVER LITTLE THEY CAN ABOVE THIS RANGE TO BE ABLE TO REMAIN ALIVE AND KEEP THE LAMP OF HOPE BURNING.

AS WE ARE AWARE, THAT IT IS A BEAR MARKET. ONE NEEDS TO BE EXTRA CAUTIOUS ON THE HIGHER SIDE WITH LONG POSITIONS. THE SITUATION IS REVERSED FROM THE BULL MARKETS, WHERE IT IS RECOMMENDED TO BUY HIGH AND SELL HIGHER. HERE IN THE BEAR MARKETS, ONE NEEDS TO BUY LOW AND SELL HIGHER (SELL LOW AND BUY LOWER, TOO IS TRUE).

TODAY, SENSEX MAY OPEN WITH GAP UP ON POSITIVE GLOBAL CUES, CRUDE DECLINING & INTL. MARKETS IN GREEN. CAUSE FOR CONCERNS, GOVT.'S FATE & TAMING OF INFLATION, HAVE NOT SUBSIDED, THEY HAVE JUST BEEN IGNORED FOR THE TIME BEING. ON THE UPSIDE, SENSEX MAY RISE TO 12670, 12830 OR MOVE ABOVE 13K TO 13085.

BULLS CAN TAKE SOME HEART AND THROW A SMALL PARTY ONLY IF THEY ARE ABLE TO MOVE SENSEX HIGHER THAN 14100. AND STILL, THEY HAVE A LONG AND DIRTY FIGHT TO FIGHT. THE JOURNEY IS LONG AND ONLY THING THAT MAY CARRY THEM TO THEIR DESTINATION IS WINNING SUCH SMALL BATTLES, SO THAT SPIRIT REMAINS ALIVE.

IN EXTREME SHORT TO SHORT TERM, BEARISH MINDED TRADERS WILL HAVE TO BE VERY VERY CAUTIOUS AND MAY EVEN BE BETTER OFF BOOKING A MAJOR CHUNK OF PROFITS.

NO RECOMMENDATIONS FOR THE DAY.

TAKE CARE!!

BEST REGARDS,
NS FIDAIDISCLAIMER:[The above recommendations are based on the theory of Technical Analysis and do not reflect the fundamental validity of the Scrip. Author will not be held responsible for any losses, financial or otherwise, incurred.]NOTE:[ If you wish to discontinue recieving the daily newslette

QuickGains Premium Newsletter 02/07/08

GOOD MORNING.

DEAR FRIENDS,

WHERE DO YOU WANT TO GO TODAY??

MARKETS ARE IN A STRONG BEAR GRIP AND IS OVERDOING THE DOWNFALL, AS IS THE WAY MARKETS RUN UP WHEN THE GOING IS GOOD. EVERYTHING ON THE STREET IS OVERDONE. INVESTORS ARE SELLING OFF THE FAMILY SILVER AT DIRT CHEAP PRICES, DUE TO LACK OF CONFIDENCE. LOTS OF WRONG NEWS ARE DOING ROUNDS, CRUDE OIL TOPS THE LIST, FOLLOWED BY HIGH INFLATION NUMBERS, GOVT. HANGING BY A LOOSE THREAD AND FIIs' SELLING INCESSANTLY.

"WHEN IT'S RAINING BAD NEWS AND YOU SEE BLOOD ON THE STREET" - SMARTEST OF INVESTORS ADVICE TO GO SHOPPING. BUT, YOU CAN SHOP ONLY IF YOU HAVE CASH, SO HOPEFULLY, MOST OF THE QUICKGAINERS ARE SITTING ON CASH AND MAY LAP UP THE OPPORTUNITY.

ONE THING WE HAVE TO UNDERSTAND AND TAKE NOTE OF, IS THAT, WE ARE IN A BEAR MARKET IN SHORT TO MEDIUM TERM AND THE SAME MAY NOT BE WISHED AWAY, EASILY. THE BEARS WILL NOT LET GO OFF THEIR HOLD ON THE MARKETS IN HURRY. SO, BE PATIENT WITH BUYING, GO SLOW AND ADD ONLY AT GIVEN SUPPORT LEVELS.

FOR YOUR BENEFIT, WE HAD SENT A LIST OF STOCKS WHICH ARE FUNDAMENTALLY SOUND WITH NOTATIONS OF STRONG SUPPORT AREAS. TAKE YOUR CALL, WAIT & WATCH FOR THE LEVELS TO FLASH ACROSS YOUR SCREENS AND BUY UPTO 20% TO 30% OF PORTFOLIO VALUE.

AFTER BUYING, DO NOT EXPECT TO SEE INSTANT RETURNS, BE PATIENT AS THESE ARE INVESTMENT PICKS AND NOT TRADING STOCK. MARKETS WILL TAKE AROUND 2 TO 3 MONTHS TO DO THE REPAIR JOB (CONSOLIDATION) BEFORE WE CAN SEE ANY CONSIDERABLE UPMOVES HAPPENING.

BANK OF INDIA (170 - 190), RELIANCE PETRO (155 - 135), RIL (1900, 1750), IDFC(100 - 110) LIC HOUSING FINANCE(225 - 240), TATA CHEMICALS (265 -280), TATA STEEL (650), DR. REDDY (630, 550) & KALPANA INDS. (125 - 105) (TAKE YOUR PICK, CHOICE IS ALL YOURS)

HIGHLIGHTED STOCKS ARE AVAILABLE AROUND THE SUPPORT LEVELS AND DESERVE TO BE ADDED TO PORTFOLIOS AS EVEN SENSEX IS NEARING THE STRONG SUPPORT LEVELS OF 12800 - 12500, MENTIONED IN EARLIER EMAILS.

TAKE CARE!!

NICE DAY!!

BEST REGARDS,

NS FIDAI
DISCLAIMER:
[The above recommendations are based on the theory of Technical Analysis and do not reflect the fundamental validity of the Scrip. Author will not be held responsible for any losses, financial or otherwise, incurred.]
NOTE:
[ If you wish to discontinue recieving the daily newsletter, please reply mentioning "UNSUBSCRIBE"]