Saturday, January 29, 2011

TREND WATCH-JAN 31 & FEB 1

TREND WATCH------
• Last swing high is at 5802. (Higher high)
• Last swing low is at 5675. (Higher low)
• In the medium term,
--- Nifty is in down trend (From 11th January) with targets (+/-30 points) of 5700**, 5630**, 5550**.
--- The downtrend will terminate above 5874.
• In the short term,
--- Nifty is in down move (From 27th January) with targets (+/-10 points) of 5610**, 5550**, 5480**.
--- The down move will terminate above 5802.

(** means target achieved)

IMP. NOTES----
• Short term uptrend terminated (on 27th Jan) as Nifty traded and closed below 5675.

Wednesday, January 26, 2011

TREND WATCH-JAN 27

TREND WATCH------
• Last swing high is at 5802. (Higher high)
• Last swing low is at 5675. (Higher low)
• In the medium term,
--- Nifty is in down trend (From 11th January) with targets (+/-30 points) of 5700**, 5630**, 5550.
--- The down move will terminate above 5874.
• In the short term,
--- Nifty is in uptrend (From 24th January) with targets (+/-10 points) of 5770**, 5800**, 5830.
--- The uptrend will terminate below 5675.
(** means target achieved)

IMP. NOTES----
• Swing high of 5802 formed now as Nifty closed in red today.

Monday, January 24, 2011

TREND WATCH-JAN 25

TREND WATCH------
• Last swing high is at 5729. (Lower high)
• Last swing low is at 5675. (Higher low)
• In the medium term,
--- Nifty is in down trend (From 11th January) with targets (+/-30 points) of 5700**, 5630**, 5550.
--- The down move will terminate above 5874.
In the short term,
--- Nifty is in uptrend (From 24th January) with targets (+/-10 points) of 5770, 5800, 5830.
--- The uptrend will terminate below 5675
.

(** means target achieved)

IMP. NOTES----
• Swing low of 5675 formed now as Nifty closed in green today.
Short term down move terminated today as Nifty traded and closed above 5729.

Friday, January 21, 2011

TREND WATCH-JAN 24

TREND WATCH------
• Last swing high is at 5729. (Lower high)
• Last swing low is at 5634. (Higher low)
• In the medium term,
--- Nifty is in down trend (From 11th January) with targets (+/-30 points) of 5700**, 5630**, 5550.
--- The down move will terminate above 5874.
• In the short term,
--- Nifty is in corrective down move (From 7th January) with targets (+/-10 points) of 5960**, 5900**, 5840**.
--- The down move will terminate above 5729.

(** means target achieved)

IMP. NOTES----
• Swing high of 5729 formed now as Nifty closed in red today.

Thursday, January 20, 2011

TREND WATCH-JAN 21

TREND WATCH------
• Last swing high is at 5748. (Lower high)
Last swing low is at 5634. (Higher low)
• In the medium term,
--- Nifty is in down trend (From 11th January) with targets (+/-30 points) of 5700**, 5630**, 5550.
--- The down move will terminate above 5874.
• In the short term,
--- Nifty is in corrective down move (From 7th January) with targets (+/-10 points) of 5960**, 5900**, 5840**.
--- The down move will terminate above 5748.
(** means target achieved)

IMP. NOTES----
• Swing low of 5634 formed now as Nifty closed in green today.

Wednesday, January 19, 2011

TREND WATCH-JAN 20

TREND WATCH------
• Last swing high is at 5748. (Lower high)
• Last swing low is at 5624. (Lower low)
• In the medium term,
--- Nifty is in down trend (From 11th January) with targets (+/-30 points) of 5700**, 5630**, 5550.
--- The down move will terminate above 5874.
• In the short term,
--- Nifty is in corrective down move (From 7th January) with targets (+/-10 points) of 5960**, 5900**, 5840**.
--- The down move will terminate above 5748.

(** means target achieved)

IMP. NOTES----
• Swing high of 5748 formed now as Nifty closed in red today.

Tuesday, January 18, 2011

TREND WATCH-JAN 18 & 19

TREND WATCH------
• Last swing high is at 5874. (Lower high)
• Last swing low is at 5624. (Lower low)
• In the medium term,
--- Nifty is in down trend (From 11th January) with targets (+/-30 points) of 5700**, 5630**, 5550.
--- The down move will terminate above 6181.
• In the short term,
--- Nifty is in corrective down move (From 7th January) with targets (+/-10 points) of 5960**, 5900**, 5840**.
--- The down move will terminate above 5874.

(** means target achieved)

IMP. NOTES----
• Swing low of 5624 formed now as Nifty closed in green today.

Thursday, January 13, 2011

TREND WATCH-JAN 14 & 17

TREND WATCH------
• Last swing high is at 5874. (Lower high)
• Last swing low is at 5698. (Lower low)
• In the medium term,
--- Nifty is in corrective down move (From 11th January) with targets (+/-30 points) of 5700**, 5630, 5550.
--- The down move will terminate above 6181.
• In the short term,
--- Nifty is in corrective down move (From 7th January) with targets (+/-10 points) of 5960**, 5900**, 5840**.
--- The down move will terminate above 5874.

(** means target achieved)

IMP. NOTES----
• Swing high of 5874 formed now as Nifty closed in red today.

TREND WATCH-JAN 13

TREND WATCH------
• Last swing high is at 6181. (Higher high)
• Last swing low is at 5698. (Lower low)
• In the medium term,
--- Nifty is in corrective down move (From 11th January) with targets (+/-30 points) of 5700**, 5630, 5550.
--- The down move will terminate above 6181.
• In the short term,
--- Nifty is in corrective down move (From 7th January) with targets (+/-10 points) of 5960**, 5900**, 5840**.
--- The down move will terminate above 6181.

(** means target achieved)

IMP. NOTES----
• Swing low of 5698 formed now as Nifty closed in green today.

Wednesday, January 12, 2011

TREND WATCH -JAN 12




TREND WATCH------
• Last swing high is at 6181. (Higher high)
• Last swing low is at 5982. (Higher low)
• In the medium term,
--- Nifty is in corrective down move (From 11th January) with targets (+/-30 points) of 5700**, 5630, 5550.
--- The down move will terminate above 6181.
• In the short term,
--- Nifty is in corrective down move (From 7th January) with targets (+/-10 points) of 5960**, 5900**, 5840**.
--- The down move will terminate above 6181.

(** means target achieved)

IMP. NOTES----
• Medium term uptrend is now terminated as Nifty traded below 5720.

Sunday, January 9, 2011

TREND WATCH - JAN 10 & 11

TREND WATCH------
• Last swing high is at 6181. (Higher high)
• Last swing low is at 5982. (Higher low)
• In the medium term,
--- Nifty is in uptrend (From 30th December) with targets (+/-30 points) of 6140**, 6200**, 6280.
--- The uptrend will terminate below 5720.
• In the short term,
--- Nifty is in corrective down move (From 7th January) with targets (+/-10 points) of 5960**, 5900**, 5840.
--- The down move will terminate above 6181.

(** means target achieved)

IMP. NOTES----
• Short term uptrend is now terminated as Nifty traded and closed below swing low of 5982.

Tuesday, January 4, 2011

TREND WATCH-JAN 5 & 6 & 7

TREND WATCH------
• Last swing high is at 6181. (Higher high)
• Last swing low is at 5982. (Higher low)
• In the medium term,
--- Nifty is in uptrend (From 30th December) with targets (+/-30 points) of 6140**, 6200**, 6280.
--- The uptrend will terminate below 5720.
• In the short term,
--- Nifty is in uptrend (From 16th December) with targets (+/-10 points) of 5980**, 6010**, 6050**. (All targets achieved)
--- The uptrend will terminate below 5982.

(** means target achieved)

IMP. NOTES----
• Nifty traded between 6124 and 6181.
• Swing high of 6181 formed now as Nifty closed in red today.

TREND WATCH-JAN 4

TREND WATCH------
• Last swing high is at 6046. (Higher high)
• Last swing low is at 5982. (Higher low)
• In the medium term,
--- Nifty is in uptrend (From 30th December) with targets (+/-30 points) of 6140**, 6200**, 6280.
--- The uptrend will terminate below 5720.
• In the short term,
--- Nifty is in uptrend (From 16th December) with targets (+/-10 points) of 5980**, 6010**, 6050**. (All targets achieved)
--- The uptrend will terminate below 5982.

(** means target achieved)

IMP. NOTES----
• Nifty traded between 6147 and 6178.

Monday, January 3, 2011

BREAKOUT STOCK--TATASTEEL



--Above is tatasteel weekly chart.
--which shows brekout form down ward trendline.
--also shows formation of cup and handle(bullish)
--ADX and MACD also shows buy signal.

Sunday, January 2, 2011

NIFTY AT 20000 IN 2020




---NSE launched Nifty Index on 3rd Nov.1995 with base Index at 1000.
---From that year I have tried to find return on nifty index and compare it with actual closing so as to judge the expected future return on our investment.
---During 1995 to 2000, I have expected 12% Return as our GDP growth during that period was around 4-5%.
---During 2001-2005, I have expected 13% return as our GDP growth increased to 5-7%.
---During 2006 to 2010, I have increased return expectation to 14% as our GDP growth increased to 8-9%.
---Now from 2011 to 2015, I have scaled down return expectation to 13% for no reason.
---Same way from 2016 to 2020, I have further scaled down to 12 % return expectation.
---Please note that this analysis is usefull for long term investors only.

Happy investing.
-Dr.Jignesh Shah