morning thoughts...
The markets traded extremely volatile and jittery the past week and after rallying for a couple of week saw intermediate reversal which made many a people lose thier calm.
Technically the markets are now into a typical deceptive zone and will continue its volatility providing oppurtunities to both long and short traders.
However, as a matter of fact we will go to the extent of saying that don't pay proper attention to this factor and you may well see your favourite stock go all the way down to zero- yes you all read it right
When considered in isolation, the business of rose cut farming looks innocuous enough. On the contrary, as long as mankind will continue to express love and offer condolences, the business will keep flourishing.
Really, there can't be a better case study on the perils of having a bulk of your revenues coming from a region not particularly conducive for doing business. The business can of course flourish for some time. But in places where the odds are so heavily stacked against you, the entire enterprise can crumbling down in no time. This lesson becomes even more pertinent now than ever what with many Indian companies venturing beyond domestic shores and trying to establish global presence without taking the country specific risks into account.
As for us, amongst the most important questions we ask before we recommend a stock is whether a sizeable chunk of the company's revenues come from hostile and unstable regions like the countries in the African continent? If the answer is yes, it could well make sense to give the stock a miss.
We have intimated in advance the huge planetary configuration of 5 planets and an action packed week with volumes , now get ready for another week of action with combust planets which will create huge deception and confusion.
Nifty heading towards 7950 or 8650 - ? once again our advance nifty report released , take advance positions and make wealth of the month and year.
www.astroeyes.blogspot.in
Friday's calls sent
Double bumper Sun Tv 360 pa - buy at cmp 9 sl 6 targets 20 - went 27.30
Double bumper Gail 440 pa - buy at cmp 11.30 sl 8 targets 20 - went 24
Axis bank - buy at cmp 488 sl 486 targets 500 - hit sl
Tata steel - sell at cmp 419 sl 423 targets 405 - went 400.05
Bharti airtel - sell at cmp 350 sl 352 targets 345 - hit sl
Pfc 280 ca - buy at cmp 9.50 sl 7 targets 14 - went 15.10
Jackpot Jet airways - sell at cmp 442 sl 455 targets 410 - went 398.20
Nifty - sell at cmp 8337 sl 8375 targets 8270 - went 8266.90
Bank Nifty - sell at cmp 18590 sl 18650 targets 18400 - went 18343
Copper - buy at cmp 406 sl 405 targets 409 - went 410.10
Crude - booked profits at 3870 - short from 3987
The markets traded extremely volatile and jittery the past week and after rallying for a couple of week saw intermediate reversal which made many a people lose thier calm.
Technically the markets are now into a typical deceptive zone and will continue its volatility providing oppurtunities to both long and short traders.
However, as a matter of fact we will go to the extent of saying that don't pay proper attention to this factor and you may well see your favourite stock go all the way down to zero- yes you all read it right
When considered in isolation, the business of rose cut farming looks innocuous enough. On the contrary, as long as mankind will continue to express love and offer condolences, the business will keep flourishing.
Really, there can't be a better case study on the perils of having a bulk of your revenues coming from a region not particularly conducive for doing business. The business can of course flourish for some time. But in places where the odds are so heavily stacked against you, the entire enterprise can crumbling down in no time. This lesson becomes even more pertinent now than ever what with many Indian companies venturing beyond domestic shores and trying to establish global presence without taking the country specific risks into account.
As for us, amongst the most important questions we ask before we recommend a stock is whether a sizeable chunk of the company's revenues come from hostile and unstable regions like the countries in the African continent? If the answer is yes, it could well make sense to give the stock a miss.
We have intimated in advance the huge planetary configuration of 5 planets and an action packed week with volumes , now get ready for another week of action with combust planets which will create huge deception and confusion.
Nifty heading towards 7950 or 8650 - ? once again our advance nifty report released , take advance positions and make wealth of the month and year.
www.astroeyes.blogspot.in
Friday's calls sent
Double bumper Sun Tv 360 pa - buy at cmp 9 sl 6 targets 20 - went 27.30
Double bumper Gail 440 pa - buy at cmp 11.30 sl 8 targets 20 - went 24
Axis bank - buy at cmp 488 sl 486 targets 500 - hit sl
Tata steel - sell at cmp 419 sl 423 targets 405 - went 400.05
Bharti airtel - sell at cmp 350 sl 352 targets 345 - hit sl
Pfc 280 ca - buy at cmp 9.50 sl 7 targets 14 - went 15.10
Jackpot Jet airways - sell at cmp 442 sl 455 targets 410 - went 398.20
Nifty - sell at cmp 8337 sl 8375 targets 8270 - went 8266.90
Bank Nifty - sell at cmp 18590 sl 18650 targets 18400 - went 18343
Copper - buy at cmp 406 sl 405 targets 409 - went 410.10
Crude - booked profits at 3870 - short from 3987
