Pattern, Price and Time: Using Gann Theory in Technical Analysis
From being the top four IT companies of India, Satyam is now reduced to a sinking ship, all because the father decided to bailout his sons. The love for his sons has now threatened to kill the very goose, which laid the golden eggs for him. One mistake and the company is now on an … Read more
Chart shows 4 year chart of Sensex with Twiggs Money Flow indicator. Twiggs Moneyflow indicator(13 Week) shows that a drop down below zero with negative divergenceshow the confirmation of trend reversal towards downwards. And this is the third timethe indicator is dropping below zero. Every Upside should be use as an opportunity tobuild shorts with … Read more
An Ominous end of Tumultuous Year In Previous Week Nifty failed to pick gauntlet thrown by market by unable to cross 3110 and falling almost 7%.But this week if 2860-2820 Holds we can see a 3-4 % Santa Rally back to 3k on Nifty.But if war clouds Hover around we can see Nifty back to … Read more
Nifty is at very precarious situation 2860 is very important level from Technical Point of view.IF it goes below and sustain this level we can see a downside till 2700 Levels in near term. But Santa Rally can take us back up to 3k level if 2860 is sustained. Please click on Image to see … Read more
Satyam Computers The company has seen a severe beating because of a decision to buyout or say bailout Maytas ( satyam = maytas ) infra n maytas properties. This would have meant transferring shareholder money into promoters pockets indirectly whatever be the valuation given. Although such a move has been a major sentimental and reputation … Read more
Jaiprakash Associates (JPA), flagship listed arm of Jaypee Group is acquiring four companies and merging into it. Let us have a look to the scheme:– i) Jaypee Hotels (JPH), a listed company, in which JPA is holding72.18% stake is being merged with JPA on share swap ratio of 1 share of JPA of Rs.2 each, … Read more
HI all Hope u all had rocking week as all our calls rocked like anything Educomp gave up some 600 rs per share Keep ur self tuned to This blog from more rocking calls This week nifty can go down and which should be used to buy till 2820 For ur own insurance buy 3100 … Read more
Satyam means the truth. And Satyam Computers has defied the very name that it stands for. The way the Board of Directors and the promoters have tried to siphon off funds under the pretext of providing capex for the other two group companies – Maytas Infra and Maytas Properties has left the foreign fund managers … Read more