TECHNICAL ANALYSIS SESSION MUMBAI again tentatively scheduled APRIL 21-22 nd i.e coming saturday and sunday ....Those who want to learn the art of technical analysis call me up to register soon ...
People SERIOUSLY INTERESTED in learning based in other cities get in touch via phone and send a mail to noorrock2002@gmail.com with your contact details so we can work it out .
One of our friends is also doing a good job have a look into it www.jinesh.info for some good views....
I think everybody has had a look into our archives of foolhardy predictions and exit call etc...if not the links are posted on the right side...
There is one thing which every other guy tells me in stocks is sir till now everyone on TV was talking about 11k and also sub 11k isnt it ...
It is very simple to change views in this market coz traders have memories which go off in a flash ...The bearish people who said we are in an intermediate down trend also go for a vacation guys , dont stay aggresively long ( diplomats ) , Exit all at rise we gonna c 11k .....are now screwed coz a 1000 points increase enought to hit all stoplosses of the margin payers ...This is what happens u dont exit at 14.5k when we said on hope but sell at 12500 in despair where we said buy back 30% ...Now at 13400 u dont know what is to be done ...
Solution is mute the TV' s , stop reading from all places ...Learn ... Trade less do a balance of investments i remember people selling 10 yr old physical shares to make money FNO what crap ....remember the following words ...See what it is and not what u want it to be...
Current View :
As said before if we sustain 13300 for 4-6 sessions all bearish sentiments will be negated.. 13800-14100 would be a difficult range to surpass ... We maintain good midcaps are gonna be the frontrunners as seen in the current bounce and also maintin midcaps will rock in the next rally....
Best way to go is stock specific ...Coz there are many stocks and sectors which will outperform the current trend...
Investment Ideas:
I believe multibaggers can never be found from reading balance sheets...Vision. logic and understanding needs of the future is the way to find baggers...So all those funda guys who believe balance sheets , results etc get over it all u will get is good annual returns but not baggers ... OIL drilling and IT training educations remain in my bagger lists even after doubling ...
ShipYard Industry ....Next thing which should catch fancy of big investors ...
ABG Shipyard ( my fav coz short term also looks good ) Bharti Shipyard would be the picks ...You will need patience for the stocks to give you good returns...
Small Cap Idea :
Transchem ( 500422 ) weekly charts indicate a steady move to give you at least 50% returns or more in coming months and years...On the speculative side religare securities holds 18% ..Also the products seem to be good ...Buy small quantity and forget ...
Speculative Calls :
Newlisted stocks to see huge buying orders in coming days some will hit upper freeze soon
Stocks which look so Redington , Cinemax expect upper freeze anytime .,..
Lanco and Sobha all set to go on fire ....FNO speculators take a call quickly ...
UNIPLY and Rsystems intl are value buys...
Best Regards,
Nooresh
09819225396 ( call for queries and services )
noorrock2002@gmail.com
meraninooresh@yahoo.com ( for online updates )
