Dhanvarsha: October 2010

Sunday, October 31, 2010

Reliance chart ...contra signals..

Reliance chart ...contra signals...indicating that there is not a big move left in it ...price moved up and macd falling ...be cautious in initiating position...

Buy BHEL Nov futures at or above 2461.00

Buy BHEL Nov futures at or above 2461.00
cash at 2445 and above it
Next Levels 2472, 2482, 2491, 2502, 2537 ,2564, 2599, 2625
stoploss 2434
Can enter at any level ...for next targets

State-owned Bharat Heavy Electricals (BHEL) reported a 33 percent rise in net profit for the second quarter ended Sep 30 at Rs.1,142.28 crore as against Rs.857.88 crore earned during the like period of last fiscal.

The total income during the July-September quarter increased 25.7 percent to Rs.8,328.41 crore from Rs.6,625.21 crore during the corresponding period of the previous year, BHEL said in a regulatory filing.

The revenue from the power sector of the company for the quarter under review rose by 28.3 percent at Rs.6,965.03 crore as against Rs.5,428.32 in the year-ago period.

While revenue from the industry sector grew 16.5 percent at Rs.1,857.70 crore from Rs.1,595.42 crore in the same period of 2009-10.

http://sify.com/finance/bhel-q2-net-profit-rises-33-news-corporate+results-kk3oamhhcia.html

Futures chart

Buy NATIONALUM Nov futures at or above 408.00

Buy NATIONALUM( NALCO) Nov futures/cash at or above 406.00
for targets 409.75 411.45 412.90 420.90 426.95 431.00 439.00
Stoploss 403.45
Lot size 500
National Aluminium Company Limited (NALCO) has recorded an impressive increase in profit to Rs 224 crore during second quarter of the current fiscal, showing a 40 per cent surge compared to the corresponding period in the previous year.

According to the reviewed financial results for the second quarter of 2010-11, Nalco has achieved higher net profit of Rs.224.04 crore as against Rs.159.50 crore in similar quarter of previous fiscal, company sources said here today.

Similarly, the sales turnover of the Navaratna PSU surged by about 30 per cent to Rs.1548.75 crore over the comparative quarter of last year, they said.
http://economictimes.indiatimes.com/news/news-by-company/earnings/earnings-news/Nalco-2nd-Quarter-Net-Profit-up-40-at-Rs-224-crore/articleshow/6845427.cms

Saturday, October 30, 2010

Sell Herohonda Nov Futures at or below 1845.00

Sell Herohonda Nov Futures at or below 1845.00
Targets 1836>><< 1829 >><<1796>><<1768>><<<<1736>>><<1721>><<<1706>>><<1680>>
Below each lower Target is new shorting opportunity
stoploss 1858.00
trade according to trend ...

Hero Honda, India's and the world's largest two wheeler maker by volume, posted a 15-per cent drop in net profit in the second quarter ended September, its biggest drop in quarterly profit in three years, due to spiralling input costs.

The promoters, who are said to be close to going their separate ways, said the company expects rising raw material costs to continue impacting future profits.

http://www.domain-b.com/companies/companies_h/Hero_Honda/20101030_q2_profit_slump.html

Idea call returned 24 k on 1 traded lot in 3 sessions

Call was
Sell Idea cellular Nov futures @ or below 72.40
Targets 71.55>><<<70.20>><<<69.20 >><<,68.10>>.
Stoploss 73.60.
ref http://dhanvarshagrp.blogspot.com/2010/10/sell-idea-cellular-nov-futures-or-below.html
achieved all targets in three days ...
and returned 24 k on 1 traded lot

lot size 4k ...

40 k gains in just 4 days on 1 petronet lot

Call was
Short Petronet Nov futures @ or below 122.90

targets 121.90>><<,119.1>><<117.10 >><<,115.10 >>.

Stop loss 124.65

http://dhanvarshagrp.blogspot.com/2010/10/short-petronet-nov-futures-or-below.html

only moved all the way towards our prediction ...closed at 111.85 ...

lot size was 4000

if traded only 1 lot and gained 10 points

it comes 40 k

please have a look on chart ...

U.S.A. - Home of Financial Absurdities Dow closed flat after choppy session

Throughout mankind's history, scales have been a symbol of equality. As much as commoners rely on scales to be treated fairly, 'ueber commoners' try to escape the scales of justice and equality and want to be measured by different and better standards.

In his Gettysburg Address, Abraham Lincoln exhorted his listeners to ensure the survival of a government of the people, by the people, for the people. It seems like survival of the fittest like forces have turned a government of, by and for the people into a government of, for and by special interest groups.

No More Robin Hood

This week we read that even the Robin Hood of investors, creates his own rules. Warren Buffett - the only candidate to even remotely resemble a Robin Hood of Wall Street - had a friendly exchange with the SEC about the treatment of actual losses.

Warren Buffet's Berkshire Hathaway was sitting on $1.86 billion in losses caused by declining Kraft and US Bancorp stock. The losses were more than 12 months old and according to current accounting rules had to be written down.

Perhaps Warren had seen how Wall Street is allowed to bend accounting rules to its favor (more about that in a moment) and thought: 'what they can do I can do better.'

In short, Berkshire didn't write down the $1.86 billion in losses because ... drum roll ... as Berkshire's Chief Financial Officer Marc Hamburg's reasoned:

'We believe it is reasonably possible that the market prices of Kraft Foods and U.S. Bancorp will recover to our cast within the next one to two years assuming that there are no material adverse events affecting these companies or the industries in which they operate.'

In other words, Berkshire didn't want to write down losses, because under the right circumstances there's a fair chance that stock prices will recover.

http://finance.yahoo.com/news/USA-Home-of-Financial-etfguide-1014540314.html?x=0&.v=1

Dow Jones Industrial Average

(DJI: ^DJI)

Index Value:	11,118.49
Trade Time:	4:02PM EDT
Change:	4.54 (0.04%)

Prev Close:	11,113.95
Open:	11,120.45
Day's Range:	11,075.80 -11,131.01
52wk Range:	9,596.04 -11,309.00

Friday, October 29, 2010

Grasim , achieved 3rd target ..high was 2293 and low was 2230

Grasim ...see how it is moved today .....
call was
Grasim sell its futures at or below 2310.00
targets 2293 2275 2266 2228 2201
positional taeget 2110.00
stoploss 2341.00 closing basis
posted at http://dhanvarshagrp.blogspot.com/2010/10/grasim-sell-its-futures-at-or-below.html
achieved 3rd target ..high was 2293 and low was 2230
please have a look ...

Grasim sell its futures at or below 2310.00

Grasim sell its futures at or below 2310.00
targets 2293 2275 2266 2228 2201
positional taeget 2110.00
stoploss 2341.00 closing basis

Dhanvarsha crucial Nifty Futures Levels and market prediction with trading technique

Dhanvarsha crucial Nifty Futures Levels

<<<<<<<555<<<<5898>>><<<<5947>>>><<<<5993><<<6028>>><<6053>>><<<<6079>>>><<<6099>><<<6122>>.

Gap down opening is expected with negative sentiments ... Yesterday we saw that bulls were pulling market up slowly and steadily till 2.59 PM ...

when only 30 minutes left for closing bell, basket selling started and within 5 minutes Nifty fell down by 105 points...

But technical indicator gave this information well in advance by making a double top reversal signal ... please have a look on chart ...

and it was informed on messenger ...

dhanvarshagrp (10/28/2010 11:34:19 AM): calls 4 crore 50 lac puts 5 crore 9 lacs

dhanvarshagrp (10/28/2010 11:39:43 AM): inflation data out

dhanvarshagrp (10/28/2010 12:02:57 PM): so for market in range trades

dhanvarshagrp (10/28/2010 2:06:51 PM): expecting todays expiry between 6050.. 6100

dhanvarshagrp (10/28/2010 3:00:53 PM): sudden change in oi changed expiry...now expecting below 6050.

Now bulls went to gym for gaining strength like Ghajini

It is recommended that book your profits at each swing high in stocks trading in overbougt zone...and try to enter in stocks which are available at oversold zones at low valuations ...

Trade according to the TREND ...

Do not oppose the storm, it will trouble you....

Do not risk your hard earned money...

Blindly pouring your money in market place will not reap you rewards...

Have a profitable day ...

Please read Elliott waves formation and fib ratios for better understanding of markets... u can ask me for free e-books on the subjects.

Please note .....go for gains and not behind the scrips ...and for the gains you must have to plan your trades , before clicking the entry order ... you must have to decide that are you entering in correct stock ?

what is the profit target that you wish to achieve ...how much you are going to risk on it ...

Please read the instructions, carefully before placing your trade order for nice gains by clicking this link.

http://dhanvarshagrp.blogspot.com/2010/01/how-to-trade-on-my-calls.html

Many friends are not able to understand my concept.. coz i am not asking them to buy above and sell below as per the present tradition ...so my answer for them is... think zara hat ke...come out from old pattern of 19th century, we are in 21st century so how long we will or you will follow the same old principles...Every day I am proving that my concept is practical and workable ..you just have to see where is the current market price ...and story finish ..
levels below the CMP in the hold of Bulls and they will care for it, till their last breath and levels above CMP will be in the control of Bears ...and they will be there to protect the particular level ...
Now you can imagine easily if forces are there to save the level.... is it simple or easy to penetrate it? ???

Obviously the answer will be No ...
so How the level will break now ...?
to break upper level say roof / resistance/Bear grip what will be needed ....buying pressure with volumes ..which will be generated by good news ..
and for breaking the lower level /support /Bull grip.... need is only of bad news, due to that all lower levels will break easily .... will create panic in bulls , bear will start celebrating their victory ... benefited by bad news ...and the stream will be continue ....
To avail gains on every trade please subscribe for Dhanvarsha Tips / advisory services( premium ) ..
Stocks ...Nifty ...futures / options...
solution is here ...
e mail : kailash123p@yahoo.co.in
contact : 9451659275,9452160309

Wall Street stalls ahead of Fed, elections

Dow closed in slightly red zone after volatile trades ...

U.S. stocks ended little changed on Thursday as cautious investors pulled back before expected upheaval from next week's elections and a likely announcement of more stimulus from the Federal Reserve.

Next week could bring significant shifts in both monetary policy and legislative direction, leading investors to largely disregard earnings and economic reports.

A notable exception was manufacturer 3M Co (NYSE:MMM -News), which dropped 5.9 percent to $85.07 and pulled the Dow lower after it trimmed its outlook due to costs from recent acquisitions.

"Perhaps this is going to be a 'buy the rumor, sell the news' kind of deal where we have had the rally in anticipation of all these things," said Phil Orlando, chief equity market strategist at Federated Investors, referring to the Fed and Tuesday's elections.

"Now that we are about to cross the threshold, maybe we are getting a little toppy here and we need to consolidate some of those gains."

A look at broad market exchange-traded funds suggested investors were becoming more cautious. Premiums for November out-of-the-money puts outweighed equally spaced call contracts for most instruments.

http://finance.yahoo.com/news/Wall-Street-stalls-ahead-of-rb-3872578935.html?x=0&.v=18

Dow Jones Industrial Average

(DJI: ^DJI)

Index Value:	11,113.95
Trade Time:	4:13PM EDT
Change:	12.33 (0.11%)

Prev Close:	11,126.28
Open:	11,127.34
Day's Range:	11,052.60 -11,179.34
52wk Range:	9,596.04 -11,309.00

Thursday, October 28, 2010

FII and DII trading activity on NSE and BSE on Capital Market Segment

FII and DII activity

FII trading activity on NSE and BSE on Capital Market Segment

The following is combined FII trading data across NSE and BSE collated on the basis of trades executed by FIIs on 28-Oct-2010.

FII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores)
Category	Date	Buy Value	Sell Value	Net Value
FII	28-Oct-2010	5496.35	6446.43	-950.08

Nifty daily chart all signals are bearish ....

Nifty ended on bearish note

Next week Nifty Range 6154....5668

Next week Nifty Range 6154>><<5668
last week we predicted
http://dhanvarshagrp.blogspot.com/2010/10/next-week-spot-nifty-range-61355860.html

Members were informed for sell off...at correct time

Nifty .....

kailash123p (10/28/2010 2:06:56 PM): expecting todays expiry between 6050.. 6100
kailash123p (10/28/2010 3:00:58 PM): sudden change in oi changed expiry ...now expecting below 6050