Money Deal

  • Subscribe to our RSS feed.
  • Twitter
  • StumbleUpon
  • Reddit
  • Facebook
  • Digg

Wednesday, 30 May 2012

Target 5100 beckons

Posted on 07:35 by Unknown
The first 3 days of trading have shown a net gain of about 30 points. Interestingly, I find my mid caps picks also moving up. 4922 remains a key support and I find it being tested. Technically, if the down move is still on, then we are Y -B corrective up move which should target 5050-5100. Post this, I see another re-test of 4800-4900 before the move up to 5650-5900.
4750 and 5100 remain the boundary areas beyond which further falls or rises can be speculated upon. June 17th when Greece votes we will see decisive moves. My sense is Greece will stay i EU and we will see a relief rally.
Email ThisBlogThis!Share to XShare to Facebook
Posted in | No comments
Newer Post Older Post Home

0 comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Popular Posts

  • Has the Santa Rally started?
    The markets digested 2 events of the Central Banks of the US and the RBI coming out with policy pronouncements. Let us see what they mean fo...
  • Using Earnings Yield (E/P) to time the investments
    We know the basic ratio of P/E. I have taken the inverse of it also known as Earning Yield and compared it with the G-Sec Yield. Below is th...
  • PPF: Do Not Break that PPF amount just yet
    Its is that time of the year where one plans for tax savings.PPF is one of the best schemes for tax savings and planning for retirements. Th...
  • World Markets Down: Why are we holding up?
    It was a tumultuous week for the World Markets. Europe, Shanghai and the US markets tanked. Indian Markets have fallen barely 3 pc from the ...
  • Important cues post monetary policy & assembly election results - Detailed analysis Guest Post Sanil Sonalkar
    A Guest post from Sanil Sonalkar The RBI's monetary policy announcement on 3rd May, 2011 seems to have thrown a spanner in the works and...
  • Correction in a bull phase
    The markets dipped by around 2.8 pc for the week. The markets hit a new high for Diwali and since then have been correcting. Is it just a co...
  • Gloom and Doom Ahead
    If one goes by the headlines, there is doom and gloom ahead. Airlines are going bust, people are being laid off, bond yields have crossed 9 ...
  • Big Move Coming:Up or Down
    There is a big move coming in the markets this either up or down. There are several reasons why a big move would materialize. The person who...
  • Markets continue to Rally on positive news flow
    The Markets gained another 2 pc to end the week at new 52 week highs. The markets put behind them all the political uncertainty and the mid ...
  • Investing in Gilt funds
    The equity markets are tanking, so where does one invest in? I had tried to do a bit of study on the funds and the pros and cons of investin...

Categories

  • 3 Fans
  • airport developers
  • asset allocation
  • ayn rand
  • bailout
  • bollinger band
  • bottom
  • bounce
  • breakout
  • budget
  • china
  • compoundig
  • correction july results
  • covered call
  • debt
  • debt crisis
  • december
  • divided yield
  • dollar index
  • domestic consumption
  • double top
  • Dow
  • dubai
  • economic superpower
  • economy
  • elections
  • elliot sensex
  • EMA
  • europe
  • FIIs
  • financial planning
  • gann
  • GM. elections
  • gold
  • greece
  • hedge
  • hot money
  • idfc infrastructure bonds
  • india cabinet reshuffle
  • India growth story
  • india infoline
  • infrastructure
  • infrastructure bonds
  • Interest rates
  • investment cherry picks
  • January
  • MA
  • National Economic Debate
  • NCD
  • nifty
  • nifty channel
  • NPAs
  • Olympics
  • options
  • P/E
  • politics stocks market
  • ports
  • power
  • rally
  • rbi
  • rbi credit policy
  • recession
  • recovery
  • Reliance
  • repo
  • reverse repo
  • RSI
  • rupee
  • seasonality
  • Sensex
  • Sensex elections 2009
  • Shanghai
  • shorts
  • sovereign default
  • stock
  • stock pick
  • stocks
  • top
  • trading strategies
  • trendline

Blog Archive

  • ►  2013 (57)
    • ►  December (3)
    • ►  November (5)
    • ►  October (5)
    • ►  September (4)
    • ►  August (5)
    • ►  July (4)
    • ►  June (5)
    • ►  May (5)
    • ►  April (4)
    • ►  March (6)
    • ►  February (7)
    • ►  January (4)
  • ▼  2012 (69)
    • ►  December (6)
    • ►  November (5)
    • ►  October (5)
    • ►  September (7)
    • ►  August (5)
    • ►  July (5)
    • ►  June (5)
    • ▼  May (8)
      • Target 5100 beckons
      • Petrol price hike raises hopes
      • Mid Week Update
      • Markets: What next?
      • Where do we stack up now?
      • Negative news drags the markets down
      • Mid Week Update
      • Crucial Week Ahead
    • ►  April (7)
    • ►  March (5)
    • ►  February (5)
    • ►  January (6)
  • ►  2011 (85)
    • ►  December (5)
    • ►  November (5)
    • ►  October (7)
    • ►  September (6)
    • ►  August (7)
    • ►  July (7)
    • ►  June (7)
    • ►  May (10)
    • ►  April (10)
    • ►  March (5)
    • ►  February (6)
    • ►  January (10)
  • ►  2010 (94)
    • ►  December (8)
    • ►  November (7)
    • ►  October (7)
    • ►  September (5)
    • ►  August (9)
    • ►  July (10)
    • ►  June (6)
    • ►  May (9)
    • ►  April (6)
    • ►  March (13)
    • ►  February (9)
    • ►  January (5)
  • ►  2009 (45)
    • ►  December (4)
    • ►  November (4)
    • ►  October (6)
    • ►  September (4)
    • ►  August (5)
    • ►  July (6)
    • ►  June (3)
    • ►  May (6)
    • ►  April (3)
    • ►  March (3)
    • ►  February (1)
Powered by Blogger.

About Me

Unknown
View my complete profile