New to Trading and Technical Analysis? Learn the Basics of Technical Analysis of Indian Stocks and Stock Market Trend Stock Charts and Trends. Stock Charts Stock charts gained popularity in the late 19th Century from the writings of Charles H. Dow in the Wall Street Journal. His comments, later known as "Dow Theory", […]
The ideas of Charles Dow, the first editor of the Wall Street Journal, form the basis of technical analysis today. Dow created the Industrial Average, of top blue chip stocks, and a second average of top railroad stocks (now the Transport Average). He believed that the behavior of the averages reflected the hopes and fears […]
About Elliott Waves Theory Basics The Elliott Wave Theory is named after Ralph Nelson Elliott. Inspired by the Dow Theory and by observations found throughout nature, Elliott concluded that the movement of the stock market could be predicted by observing and identifying a repetitive pattern of waves. In fact, Elliott believed that all of man's activities, […]
How much can you lose?
Everything. This is the stockmarket, guys…where it is possible to lose everything. If you entered the market in September 1994, there is a 40% probability that you would have lost everything by September 1999!
Now that you've acquired the MBS degree (Master of the Balance sheet), you need to turn your attention to post-MBS studies. A company's annual report has reams of matter apart from the actual balance sheet and Profit & Loss figures, much of which could aid you in forming an opinion about the company. The Auditor's […]
"Compound interest is the eighth wonder of the world"– Benjamin Franklin "Compound interest is the world's greatest discovery"– Albert Einstein "In case you earn Rs20,000 per month, do you know how many years it will take for you to become a Crorepati? Not 10 or 20, but 50 years!" exclaims Amitabh Bachchan, the anchor for […]
A New Comprehensive List What a joyful ride it has been since I started this blog. Well! I know that I am a Richer and Happier man but did YOU follow my blog? It has been a relatively good year for Midcaps & Smallcaps and most of my recommendations are from Mid & Small Caps […]
STOCK UPDATE Surya Pharmaceuticals Cluster: Ugly Duckling Recommendation: BuyPrice target: Rs205Current market price: Rs83 Strong growth at cheap valuations Key points During FY2007, Surya Pharmaceuticals (Surya) has enhanced its production capacities and has improved efficiencies of its production processes through de-bottlenecking exercise. From a collective capacity of manufacturing 4,152 metric ton (MT) per annum, the company's […]
Name: Hindustan Organic Chemicals Limited BSE:500449 NSE:HOCL Website: www.hocl.gov.in/index.asp Current Mkt Price: Rs. 64.70 (as on 30/9/2007) Target : Rs. 225 (18- 24 months) Business Profile Hindustan Organic Chemicals Limited (HOC) was set up by the Government of India in 1960 with the objective of attaining self-reliance in basic organic chemical needs. In fact this […]
It is very common that stock is transacted in blocks divisible by 100, which is called a round lot. A round lot has become a standard trading unit on the public exchanges for quite sometime ago. In stock market, we have the right to buy and sell an unlimited number of shares as long as […]
The key to understanding options futures is what they are and how the work. By looking at the dynamics these futures contracts you will have a better understanding of the characteristics of options futures and in turn, have additional tools that you need in order to be a successful trader. What Is An Options Futures […]
NSE Code: ISPATIND BSE Code: 500305CMP: 29.30/29.35 (BSE/NSE)Target: 35 Recommendation : Buy from a short term perspective Recommended By : Sanju(One of the Stock Guru of Market Calls)Industry: Metals – Ferrous Company Info Ispat Industries Limited (IIL) is one of the leading integrated steel makers and the largest private sector producer of hot rolled […]