Monthly Archives: November 2010

Will Nifty Future Bouceback in December Series?

By | November 26, 2010 1:40 am

*About Bull Market Corrections** We look back to 17 years of market (BSESensex) history to assimilate data on bull market corrections. There have been four bull markets over the past 17 years (including the current one), and within those bull markets there have been 32 corrections of 5% or more (including the current one). The… Read More »

Another Scam in Indian Market LIC/Central Bank of India and BOI

By | November 24, 2010 10:12 am

Another Scam Brewing in Indian Stock Market Central Bureau of Investigation (CBI) had questioned the top officials of the two entities in connection with an alleged multi-crore fake home loans scandal. Shares of LIC Housing Finance and Central Bank of India plunged in late afternoon trade on Wednesday after media reports suggested that the Central… Read More »

Nifty under Bear Attack

By | November 23, 2010 4:36 pm

Nifty Daily Chart Nifty is forming a wedge pattern as shown in charts and again it formed a Hammer formation which if preceded by a Green candel show it effect and short term trend reversal can happen. A good upward reversal should close above previous day’s high . Today FII sold 1500 cores in cash… Read More »

Nifty Weekly Levels for Expiry Week

By | November 21, 2010 9:04 am

Equity benchmark indices crashed for the second consecutive week, led by a fall almost in all most all sectors wherein the NIFTY has lost more than 422 points (6.7%) in the last two weeks to settle below 5900 – another psychologically important level with the SENSEX dropping by over 1419.5 points (6.76%). Daily Chart Technically,… Read More »

Poking Holes in a Theory on Markets

By | November 20, 2010 1:38 pm

By JOE NOCERA For some months now, Jeremy Grantham, a respected market strategist with GMO, an institutional asset management company, has been railing about — of all things — the efficient market hypothesis. You know what the efficient market hypothesis is, don’t you? It’s a theory that grew out of the University of Chicago’s finance… Read More »

Will Nifty bounceback after 6% Correction?

By | November 17, 2010 5:22 pm

Nifty Daily Chart Nifty after giving the much awaited correction of 6% which took everyone by surprise  when all were excepting a new life time high on NIfty. Well now much awaited correction has come and i would request you all to use this oppurtunity to buy nifty 50 scripts like tata motors,tata steel,SBI. Deploy… Read More »