Alert – INDIA VIX hits a high of 39 showing extreme panic – Utilize any panic to 4700-4740 or to 4500-4550 for specific buying.

IndiaVixBlog

11 Comments

  1. Ameeth
    October 4, 2011

    Sir but it traded to 80+ levels in 2008 and now it has just crossed the 40 level. Is there any chance of it going again to 80+ lvls this time when GREECE is about to be default officially.

    Reply
    1. nooresh
      October 5, 2011

      Hi Ameeth,

      Volumes were too low in options during 2008.

      But worldwide vols trading above 45-50 implies huge panic.

      Reply
  2. Gandhe srinvas
    October 4, 2011

    Dear Nooresh

    I have skumar @56 and ks oil @12.50 what is the future for the same and reliance industries at 815

    What do you suggest

    Regards
    Gandhe Srinivas

    Reply
    1. nooresh
      October 5, 2011

      Hi gandhe,

      Skumars and Reliance will come back to ur price and higher in medium term cant say about K S oils as not tracking

      Reply
  3. hesh
    October 4, 2011

    Dear Nooresh sir,

    please provide those stocks name which oversold with improving RSI.

    Thanks,

    Reply
    1. nooresh
      October 5, 2011

      Hi hesh,

      There are many stocks and the current fall will create positive divergences so lets wait for a decline if any and a bottom formation to look at them.

      On radar are banks.

      Reply
  4. sanjay
    October 4, 2011

    Ultimately i feel CASH will be king. Tough times ahead..

    We should hold on for some time and as rightly suggested by nooresh buy in staggered manner and in quality stocks..

    Reply
    1. nooresh
      October 5, 2011

      Hi Sanjay,

      For investment Cash is Raw Material and it needs to be deployed slowly in good products 🙂

      For now if we realize Godrej Inds was at 185-190 at 5200 and still is same at 4700 index whereas many others have pulled down 10-15% so one needs to keep looking as i believe stock specific there are many opportunities.

      Reply
  5. Rahul
    October 5, 2011

    Mr Nooresh,

    I am holding following stocks with higher cost tell me what to do ?

    Greaves Cotton Ltd
    Gujarat NRE Coke Ltd
    L&T Finance Holdings Ltd

    Lanco Infratech Ltd

    LIC Housing Finance Ltd

    Reliance Power Ltd

    Varun Industries Ltd

    Yes Bank Ltd

    Reply
    1. nooresh
      October 7, 2011

      Greaves Cotton Ltd —- Hold
      Gujarat NRE Coke Ltd —- No view
      L&T Finance Holdings Ltd —- Hold for long term

      Lanco Infratech Ltd —— Not much downside left acc to me

      LIC Housing Finance Ltd — Hold

      Reliance Power Ltd —– Review on bounce back

      Varun Industries Ltd —– The claims made by the company are doubtful.

      Yes Bank Ltd — Hold

      Reply
  6. km anas
    October 10, 2011

    Dear Nooresh sir,
    Whats the future pf KS OIL & MMFSL

    Reply

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