Friday, December 24, 2010

Market Overview [Nifty] 23.12.2010


What is the condition of Market [Nifty] years end time, I discuses about this matter. I use here Fractal Rule for analyze in the Nifty chart. There are two similar patterns namely pattern 1 & 2. The pattern 1 is smaller and is made of points ‘a’, ‘b’, ‘c’….. ‘k’. The pattern 2 is larger in size and consists of the points ‘A’, ‘B’, ‘C’….. ‘J’. Now predict the point ‘K’ in the pattern 2 .In the pattern 1, the point ‘k’ was formed at 185% of ‘i’& ‘j’ range and 115% of ‘g’& ‘j’ range. In the pattern 2, the point ‘K’ could be formed, if follows the fractal rule, is that 185% of ‘I’ & ‘J’ range i.e. 6373 and 115% of ‘G’ & ‘J’ range i.e 6440.  My view, themarket [Nifty] should be hit between 6373-6440 for few coming market session. 


Some other positive matter notice in the chart. The price has broken out the Bullish Symmetrical Triangular pattern this is formed ‘X’ & ‘Y’ lines. The RSI has also broken out the Bullish Symmetrical Triangular pattern. 13 & 30 Days Moving Average moving upward. This indicates the market [Nifty] has going strong. After golden cross of 13 & 30 DMA, we should be seeing the market [Nifty] moves upward.

Report Prepared by DEBABRATA BHATTACHARJEE
Email ID: imdb1@ymail.com
Mobile No. +91 9883388754

Friday, December 17, 2010

Performance of Recommended Stock Future

Recommendation on 16.12.2010

JETAIRWAYS Future -- Achieved Both Targets between 1st Trading Day.

Sunday, October 31, 2010

Performance of Recommended Stock Future

Recommendation on 13.10.2010  

ABB Future -- Achieved Target between 13th Trading Days

Tuesday, October 26, 2010

Performance of Recommended Stock

Recommendation on 18.10.2010

JSW STEEL. Future -- Achieved Target between 5th Trading Days.

Recommendation on 13.10.2010

PFIZER- Achieved 1st Target between 6th Trading Days

 

Wednesday, October 20, 2010

Performance of Recommended Stock

Recommendation on 11.10.2010

GAIL. -- Achieved 1st Target between 7th Trading Days.

Thursday, October 14, 2010

Short Term Stock Future Recommendation, on 14.10.2010 [Stop loss must maintain.]

Cairn India Ltd. [CAIRN] Future Buy CMP: 344, Target: 358/370 Stop Loss: 336. http://www.google.com/finance?q=NSE:CAIRN

Wednesday, October 13, 2010

Short Term Stock & Future Recommendation, on 13.10.2010 [Stop loss must maintain.]

Pfizer Ltd. [PFIZER] Buy CMP: 1098, Target: 1146/1197/1234, Stop Loss: 1070. http://www.google.com/finance?q=nse%3Apfizer
ABB Ltd. [ABB] Future sell Below 905, Target: 872, Stop Loss: 928. http://www.google.com/finance?q=nse%3Aabb 

Monday, October 11, 2010

Short Term Stock & Future Recommendation, on 11.10.2010 [Stop loss must maintain.]

GAIL (India) Ltd. [GAIL] Buy above 495, Target: 513/536/556, Stop Loss: 570.

GAIL (India) Ltd. [GAIL] Future Buy above 499, Target: 524/543/563, Stop Loss: 572. http://www.google.com/finance?q=gail

Wednesday, October 6, 2010

Performance of Recommended Stock

Recommendation on 01.10.2010

Binani Industries Limited --Achieved both Target between 4th Trading Days

Saturday, September 25, 2010

Performance of Recommended Stock

Recommendation on 24.09.2010 

MundraPort & SEZ LtdAchieved 1st Target in the 1st  Trading Day

Thursday, September 2, 2010

Short Term Future Trade Recommendation, for 02.09.2010 [Stop loss must maintain.]

Reliance Communication Ltd [RCom]  Future Buy Above 164.50, Target: 170/173, Stop Loss:159. http://www.google.com/finance?q=rcom
 

Tuesday, August 31, 2010

Short Term Future Trade Recommendation, for 01.09.2010 [Stop loss must maintain.]

Hindustan Petroleum Corp. Ltd. [HPCL] Future Sell Below: 514, Target: 497/486. Stop Loss: 530. http://www.google.com/finance?q=nse%3Ahindpetro

Monday, August 30, 2010

Short Term Future Trade Recommendation, for 31.08.2010 [Stop loss must maintain.]

Punjab National Bank [PNB] Future Sell Below 1181, Target: 1135/1111/1095, Stop Loss: 1200. http://www.google.com/finance?q=nse%3Apnb

 

Friday, August 20, 2010

Performance of Recommended Stock

Recommendation on 19.08.2010

JK Lakshmi Cement - Achieved Target in the 1st  Trading Day

Thursday, August 19, 2010

Short Term Rcommendation, for 19.08.2010 [Stop loss must maintain.]

JK Lakshmi Cement Ltd [JKLAKSHMI] Buy CMP: 60, Target: 63, Stop Loss: 58.20. http://www.google.com/finance?q=jklakshmi

Performance of Recommended Stock

Recommendation on 30.07.2010

Gujarat State Petro Ltd - Achieved 1st Target between 14rd Trading Days

Wednesday, August 18, 2010

Short Term Future Trade Recommendation, for 18.08.2010 [Stop loss must maintain.]

GMR Infrastructure Ltd. [GMRINFRA] Future Sell below 59.75, Target: 59.10/58.65/58.20. Stop Loss. 60.25.  http://www.google.com/finance?q=GMRINFRA

STOCK RESEARCH REPORT For Mediam to Long term


HERITAGE FOODS LTD. On 14.08.2010      
CMP: 173                                                                                            Target: 330 
 This South Indian based Dairy, Agricultural product and Retail outlet related company did not break the primary trend line ‘TL1’ since it had been listed in the chart-1. The price has strongly moved by the support line of ‘TL4’ from point ‘0’ after a big down fall. The price pulled back from point ‘2’ after 50 % retraced of length of ‘0-1’ with huge volume. This indicates the buyers are much active to buy at this level. It is the psychological support level of Fibonacci Retracement. The ‘S1’horizontal & TL4 lines also are supported at this level. I am discounting point ‘2’ as Wave 2. Now project the target of Wave 3, I get minimum 100% length of Wave 1 (0-1), the value of Rs. 351. (Blue Fibonacci scale)
  The major short term support level is the ‘TL4’ & 200 Weeks EMA. Those are plotted on similar level at around Rs.160. Incase the price will break this level then next strength level will be around Rs.130. which is 61.8% Fibonacci Retracement level of Wave 1 (0-1).  Here the price also gets support from Horizontal line ‘S2’ & ‘TL2’ line (parallel of TL1). If the price comes here, then Wave 3 Target is minimum 100% of wave 1 around   Rs.335. (Green Fibonacci scale)
  The 50 weeks EMA line golden cross with the 200 Weeks EMA and those line are moved upward. This indicates, intact has strength. The weekly RSI has broken out its downtrend line. This indicates the RSI should be moved an uptrend. The Market Strength Indicator [(Mov(OBV(CLOSE),5,E)-Mov(OBV(CLOSE),35,E)] has moved  sharply upward. This indicates the buyers are very much active at this level for buying.
In the chart, TL4 & TL5 are forming a Triangular shape. It can take a major part for coming day’s price movement.  
Now discussing According the Fractal Rule in the Chart -2. Here indicates two patterns, named as ‘1’ & ‘2’. Those are looking almost similar. Pattern 1 has formed by points ‘a’ to ‘l’. It is the smaller size. But pattern 2 is the larger. This has formed points ‘A’ to ‘K’. According Fractal
Rule, the point ‘L’ should be formed as like as point ‘l’ of pattern 1. The point ‘l’ of pattern 1 formed 261.8% of ‘h’ to ‘i’ length. The possibility of the point ‘L’ of pattern 2 formed after price movement of 261.8% of the points ‘H’ to ‘I’. It will be valued around Rs.330.
CMP: 173.
Resistance Level: (207), R2 (240), R3 (258), R4 (313)
Support Level: S1 (146), S2 (130)
____________________________________________________
Reported by DEBABRATA BHATTACHARJEE
Email ID: imdb1@ymail.com
Mobile No. 09883388754  ____________________________________________________

Performance of Recommended Stock Future

Recommendation on 13.08.2010

MphasiS Limited - Achieved 1st Target between 3rd Trading Days

Recommendation on 12.08.2010

Educomp Solutions - Achieved Final Target in the 4th Trading Days

Friday, August 13, 2010

Short Term Future Trade Recommendation, for 13.08.2010 [Stop loss must maintain.]

MphasiS Limited [MPHASIS] future Sell Below 595, Target: 579/562, Stop Loss:611. http://www.google.com/finance?q=NSE%3AMPHASIS

Performance of Recommended Stock Future

Recommendation on 12.08.2010

Educomp Solutions - Achieved 2nd Target in the 1st Trading Days

Thursday, August 12, 2010

Performance of Recommended Stock Future

Recommendation on 08.08.2010

Oracle Financial Services Software - Achieved  Target between 3rd Trading Days

Recommendation on 11.08.2010

BAJAJ-AUTO - Achieved 1st Target in the 1st Trading Days

Short Term Future Trade Recommendation, for 12.08.2010 [Stop loss must maintain.]

Educomp Solutions Ltd. [EDUCOMP] Future Sell Below 603, Target: 593/584/569. Stop Loss: 618. http://www.google.com/finance?q=EDUCOMP

Wednesday, August 11, 2010

Short Term Future Trade Recommendation, for 11.08.2010 [Stop loss must maintain.]

Bajaj Auto Ltd [BAJAJ-AUTO] Future Sell Below 2657< Target:2565/2518, Stop Loss: 2726. http://www.google.com/finance?q=NSE:BAJAJ-AUTO

Tuesday, August 10, 2010

Performance of Recommended Stock

Recommendation on 02.08.2010

AXIS BANK - Achieved the Target between 6th Trading Days

Sunday, August 8, 2010

Short Term Future Trade Recommendation, for 08.08.2010 [Stop loss must maintain.]

Oracle Financial Services Software Limited [OFSS] Future Sell Below 2115, Target: 2085, Stop Loss: 2136. http://www.google.com/finance?q=NSE%3AOFSS

Friday, August 6, 2010

Performance of Recommended Stock

Recommendation on 23.07.2010

Advanta India Ltd - Achieved 1st Target between 10th Trading Days

Short Term FUTURE Trade Recommendation, for 06.08.2010.

Neyveli Lignite corp. Ltd. (NEYVELILIG) Future Sell Below 155, Target: 151.50 / 148.50 / 145.50, Stop Loss: 160. http://www.google.com/finance?q=NEYVELILIG
 

Sunday, August 1, 2010

FUTURE Trade Recommendation, for 02.08.2010.

AXISBANK Future Sell Below 1343, Target:1307, Stop Loss:1367.


Friday, July 30, 2010

Short Term Stock Recommendation, for 30.07.2010. [Stop loss must maintain.]

Gujarat State Petro Ltd. (GSPL) Buy Above 108, Target:115/125, Stop Loss: 101. http://www.google.com/finance?q=gspl

Wednesday, July 28, 2010

Short Term Stock Recommendation, for 23.07.2010. [Stop loss must maintain.]

Advanta India Ltd. (ADVANTA) Buy CMP: 377, Target: 495/512, Stop Loss: 460. http://www.google.com/finance?q=NSE:ADVANTA

Friday, July 23, 2010

Short Term Stock Recommendation, for 23.07.2010. [Stop loss must maintain.]

Energy Development Company Limited (ENERGYDEV) Buy CMP:  48.60, Target: 52.50/56, Stop Loss: 45.50. http://www.google.com/finance?q=NSE%3AENERGYDEV

Wednesday, July 14, 2010

Short Term Stock Recommendation, for 14.07.2010. [Stop loss must maintain.]

India Infoline Ltd [INDIAINFO] Buy CMP: 203, Target: 107/112, Stop Loss: 97 http://www.google.com/finance?q=indiainfo

Thursday, July 8, 2010

Short to Medium Term Stock Recommendation, for 08.07.2010. [Stop loss must maintain.]

Syncom Healthcare Ltd. (SYNCOM) Buy CMP: 46.75, Target: 52/58, Stop Loss: 42.  http://www.google.com/finance?q=syncom