PFA the presentation for this month.I still believe:1. This is a bear market rally.2. We will go higher 12500 before elections is quite possible.4.By the end of 2009, we will see new lows, re-test of the old lows.5. The eye-wash which is happening in America will get exposed and the falls will be much severe after that.6. Buy only only at 10K or below, and stay out during elections.Presentation Link:http://nav-files.googlegroups.com/web/Elections+%E2%80%93+The+Trend+Decider+v1.pdf?gda=7Z142mAAAAAI7LF3ZJLiY8OkAnMfVvRfC8TAN-FJ0P1kfzJWvstkF9bHlnI...
Sunday, 26 April 2009
Thursday, 16 April 2009
Infy : Guidance suggests Caution
Posted on 07:47 by Unknown
Infosys came out with its full year results. EPS was around Rs 104, slightly above its guidance. The ineteresting factor was its guidance going forward. Infy suggests a decline of upto 10 pc in profits in dollar terms (less in rupee terms). Infy has also given zero increments and sharp cuts in variable pay. Its attrition was hardly 11 pc. All this means a tough year ahead for IT. Infy results usually show the path ahead in the results. Infosys CEO has gone on record saying that these are worst times in our lifetime. If Infy gets an eps of Rs 100,...
Friday, 3 April 2009
The Rally Continues.......
Posted on 07:34 by Unknown
It was a super Thursday, the markets just rose and rose on good volumes. Is this the new bull run? The Markets has rallied on lots of dollars being pumped. Now, 1 more trillion is going to be pumped in as per the G-20. Either Obama is going to spectacularly succeed or spectacularly fail. The Toxic asset waste if the government wanted to solve it, they could have bought the entire toxic asset. Now its a gamble with the private sector being a party to the deal. So who will do the valuation. Some one will be left holding the baby again. Will it be...
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