markets fair value should be around 4200-4400 nifty.
hence it will come there over medium term.

long term buying recommended only at bargain rates which will be below 3800 nifty--3200-3600.

todays its a trading market.and people usualy get stuck in trading markets and are unable to buy at bargain rates.patience always pays in long term.

be cautious.but hold ur long term large caps.u have to bear some loss of 10-30% there on ur investments but it is prudent as u can increase holding at bargain rates.

long term concept of making money is to increase holdings at bargain rates.hence be happy whenever markets come down.below fair.and u have to be happy when u see 10-25% down on ur investments ...but still u will be making book profits on them as u never trade.but u have opportunity to buy and increase holding at bargain rates.

get out of leverage..is the theme now.

Replies: 917
Views: 26836

View Post   Technicals - Playing numbers
Posted: Yesterday at 3:14pm
here i will be giving short term trading calls.they will be about for a period of approx 2 months.but targets could be achieved any time withing 2 mnths.
they would be normally large cap where u can put high weightage(because they are large cap)and my return expectations are 8-15% within the perdiod which will be achieved.u can take profits accordingly slowly s they reach targets.

today date--12/5

buy-long

abb--686
sun pharma--1570
jp associate--131
maruti
seimens
acc

short-

sbi
cairn
tata...   

however i abstain myself from trading as much as i can.

Edited by vivekbhauka - 13/May/2010 at 11:32am

the only way to sustain in stock markets over long term are the principles u apply to yurself.

the principles have to be followed and be be carried away.

these principles should deal with ur return expectations,greed line(how to control greed),patience,ability to wait,hope(yes or no)..but mostly i dont hope on stocks as my personal principle.
these are basics.but u have to have a road ahead in any stock u pick.how much allocation u will put what levels etc etc....

hence u should have basic principles first overall..after that u can have strategies plans for specific stocks.but in no case should basic principles should be compremised.

the best part about the markets is that even at 17000 its not in euphoria mode.last time it was at 17000 in 2008 it was considered a bull run.

hence if sensex has to move towards 35000-45000 over next 10-12 years.....

AT EACH HIGHER LEVEL OF SENSEX U WILL FIND LESS EUPHORIA.IF CAN HAPPEN THAT WHEN MARKETS GO TO 32000,THERE WILL BE EUPHORIA.THEN MARKETS WILL COME TO 20000.BUT THE NEXT TIME IT GOES TO 32000 THERE WILL BE NO BULL RUN CONSIDERED AND NO EUPHORIA.AND THIS WILL SUGGEST WE ARE GOING FOR MUCH HIGHER LEVELS FROM 32000 AT THAT POINT.
IT WILL CONTINUE LIKE THIS.

CONCLUSION--HENCE MAJOR TEREND OVER NEXT 10-15 YRS WILL BE UP IF U SEE THAT AT EACH HIGHER LEVEL OF SENSEX THERE IS LESS EUPHORIA THAT LAST TIME IT TOUCHED THAT LEVEL.THIS WILL HAPPEN I KNOW.AND IF IT DEVIATES THEN I WILL KNOW THAT LONG TERM TREND DICY FOR NEXT 10 YEARS.ITS NOT THE SITUATION NOW.IM BULLISH AS TODAY LESS EUPHORIA THAN LAST TIME SENSEX TOUCHED 17000-18000 IN 2008.

KEEP RIDING THE INDIAN BULL.IT HAS MILES TO GO BEFORE IT SLEEPS.