CLSA VIEW ON NIFTY(6796), ADVISES BUY NIFTY AT 6480 TGT 7036

CLSA VIEW ON NIFTY, ADVISES BUY NIFTY 6480 TGT 7036 


Laurence Balanco, CLSA says the brokerage continues to expect a period of weakness in the coming sessions. “However, the markets have confirmed the recent highs, which suggests that a pullback should be short-lived and followed by new highs,” he adds. 

 According to him, a pullback to the 6,480 area should be seen as a buying opportunity in anticipation of a move up the 7,036 area.

Franklin Templeton survey Meanwhile, Jitendra Sriram, HSBC says the market is up 7 percent year-to-date on hopes of a favourable election outcome and domestic cyclicals are rebounding markedly. He further says the brokerage believes a sharp recovery is unlikely. 

“However, domestic cyclicals, including energy, utilities and industrials could see rotation benefits,” he adds. Jitendra Sriram says the brokerage house is underweight on India within Asia. 

According to him, the Sensex target of 21,750 for CY14-end implies 4 percent downside from current levels.

Read more at: http://www.moneycontrol.com/news/fii-view/advise-buy-if-nifty-drops-to-6480-target-at-rs-7036-clsa_1067779.html?utm_source=ref_article

Src: Moneycontrol

Read more at: http://www.moneycontrol.com/news/fii-view/advise-buy-if-nifty-drops-to-6480-target-at-rs-7036-clsa_1067779.html?utm_source=ref_article

Advise buy if Nifty drops to 6480; target at 7036: CLSA

Read more at: http://www.moneycontrol.com/news/fii-view/advise-buy-if-nifty-drops-to-6480-target-at-rs-7036-clsa_1067779.html?utm_source=ref_article

GULF OIL (118) - 35% To 50% GAIN EXPECTED

Dear all

Lets Discuss Another Stock which Technically Breaks.

Gulf Oil Corporation(118)

Clearly Stock has Broken 3 year Chart range of 55-106 levels on Last week With Decent volumes.

Whenever A stock breaks 3 year range & If it trades Psychological or round Figure Like 100's,  It Could make Better Returns in terms of Technicals.

Accumulate GULF OIL(118) at Current Levels for a Potential Upside between 35% to 50% as a Short term investment.

Take a Sure Shot Call & Enjoy the Benefit of Good technical. Stoploss should be 106 on Weekly Closing.

 

SBI(1994) BOOK PROFIT PARTIALLY

Dear All

Our calls performance

SBI returned 35% Gain from Our recommended price of Rs 1501. Made High of 2030 level.

Refer Post:    SBI TECHNICALS - REVERSING OR NOT

 

TVS returned 16% Gain from the Breakout levels we recommended. High 101.50.

Refer Post:   Will TVS Motor Break 7 year Chart Level

 

Book Profit SBI Partially

Now we suggests Book partial Profits in SBI as Stock may find Strong resistances at 2052-2071 levels. Chart also suggests Overbought in Daily Charts & Previous support may act as Strong resistance.

 

 

 

SBI TECHNICALS - REVERSING OR NOT

Dear All,

STATE BANK OF INDIA (Price: 1501)- 18th Feb 2014

In Last 9 Months SBIN made lows near 1450 levels Three Times. 

Recovered from the Lows of 1450 levels.

Will it be a Short - Term Bottom In place for SBIN

Wait & Trade

LONG Traders/Risk Takers & Buy SBIN with Strict SL @ 1450 levels 

or Hedge with PUT options

Chart Courtesy: Chartink.com

Will TVS Motor Break 7 year Chart Level

Dear All,


TVS Motor Chart 2007- Till Date.

If TVS breaks 84-87 levels  [Stock tried ONLY 2 times in Last 7 years] with Good volumes, it will give Good returns in the Short term @ SL of 70. Atleast 100 Target.

Courtesy: Chartink.

I am Back..................................Iam back.................I am Back........................................

Dear All

I am BACK to the Blog after a LONGGGGG Gap.

Thanks to the Visitors, Blog Followers.

Here I have given A Website for your Favorite Stock Chart readings.

www.chartink.com

Support me & Visit blog for Market Information, Other Useful topics.

22 Feb, 2012, 01.16PM IST, ET Bureau

Five Indian start-ups made in economic slowdown & lessons they offer

 

The year 2011 saw close to 200 deals in early stage startups, this was the highest in the past 10 years. Ernst & Young data on deals shows that in 2010, venture funds contributed 15% in volume terms and 5% in value terms (PE plus early stage funding). In 2011, early-stage funding comprised 35% in volume and 10% in value terms.

Mentors - that's a big difference. That's what makes Silicon Valley a hotbed for startups. That's what was missing in India. But things are changing. Over the past few years, many angel investors have come up - Mumbai Angel, Indian Angel, Chennai Angel networks etc. These are groups of seasoned entrepreneurs who have money, experience and are willing to spare some time to mentor and seed young startups.

"In India we had PEs and a few VC funds. Below that, we had nothing. We were the first ones to launch," says Mahesh Murthy, founder of Bangalore-based Seedfund.


Why this is the best time to think startup in India | Where and how to find the money for your start-up | How to cut tech costs of your start-up


The rise in investor interest mirrors well the entrepreneurial talent that is entering the fray. Scores of successful executives are quitting cushy jobs to turn entrepreneurs.

There are two factors driving this trend. One, fatter pay packets in corporate India allows executives to build a financial cushion and plunge into entrepreneurship. Secondly, most have working spouses whose incomes fund the expenses of households, offsetting the risks.

There are plenty of role models too. Successful entrepreneurs like Makemytrip's Deep Kalra have made it big in a short span. Makemytrip started in 2000 and is today worth $800 million-plus. One of every eight air tickets booked in the country is via Makemytrip.

Launching a company even in the best of times is not for the faint of heart. Doing so in an inhospitable economic environment requires true grit and supreme confidence. Many Indian entrepreneurs have shown just these traits by starting companies in the middle of the worst global slowdown since the Great Depression.


Dosa Plaza: How Prem Ganapathy built Rs 30 crore empire with seed capital of just Rs 1000

TravelTriangle launched by childhood buddies & ex-IITians clocking Rs 1.2 cr revenues in just 7 months

First generation entrepreneurs, they quit plush postings at Adobe & Yahoo and took nearly a year to fine-tune their concept.

• Dosa Plaza: Rs 30 cr empire with Rs 1000
• Ankit & Prannoy's caricature-based products
• Are we now a startup country?
• Subhash Dhar & his EnterpriseNube

Src: Economictimes

O-J-N: Can 10point Nifty profit a day with 1 lac become 1 crore, a 100 times, in a year?

Nifty Trading

Src: o-J-n Blog

Know a Blog or Web

Stock Market Related:

http://www.onlinetradingconcepts.com/TechnicalAnalysis.html

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