INDIA VIX made a top day before yesterday with the sudden spike down. VIX tends to top at 25 levels and market bottoms out at such high vols.
So we have either made a bottom or very close to it. Time for Selective Buying
RSI is back to the lower end and has generally not gone much below current levels in normal scenario. Exception being Oct 08 and Jan 08 which were out of the blue scenarios.
Top Picks in the index – HUL , ITC , HDFC Bank , ICICI Bank , Maruti , Bharti Airtel
Midcap Picks – First Leasing , BOC India as defensive slow moving picks.
Will be posting more about specific stocks as doing more research
Regards,
Nooresh
June 22, 2011
July 1st week major fall.
June 22, 2011
Sir,
do you think that investments can be made at these levels for the long term?
June 22, 2011
Hi Puneet,
Look for stocks like Divis, Godrej inds, Aditya Birla Nuvo for long term
October 28, 2011
iwould like to know few large caps which may give rise 10% to15% rise from current levels for period within a month. please answer me buy tommorrow so i can buy it on monday and interested to join daily stock tips for trading. send details of the scheme. thanks
October 28, 2011
Hi Mehul,
Please keep reading the blog for more inputs.
We dont give free calls 🙂 as such but we do give our analysis on the blog.
For more about our services check http://www.analyseindia.com or call Asif 09833666151