13-Mar-2009 Tips

Nifty looks positive for today (Not for long time)
Calls
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- buy Tata Motors (Target 157) ==> Touches 154
- Buy Suzlon (Target 36)
- Buy SBI (Target 951 - Intraday only) ==> Target Achieved
- buy Pentaloon ( Target 122) ==> Target Achieved
- Buy TV18 (Target 58) ==> It touches 57.7 (Target Achieved - 58.6)
- Exit Sesagoa (if you have enough profit) (Target 73)

Citi execs sell shares worth $9.7 mn in two days

At a time when owning a Citi share costs you a little over a dollar, top executives of the battered entity have sold stocks valued at 9.7 million dollars in just two days.
City bank will be the SATAYM for US Economy. Read more

Five Stages of Grief: Kubler-Ross model

As we all know Kübler-Ross model ,written in book "On Death and Dying", describes five stages process to deal with catastrophic loss in life.

We have had same stages for world economy drop down to what we say is "Economy Crisis".
Following are the stages for Indian Economy:
1. Denial (Jan 2008 - Sept 2008) : Markets surprisingly resilient in face of recessionary pressures.
2. Anger (Sept 2008 - present): Dalal Street throws tantrum; markets crash.
3. Bargaining (Summer 2009): Bear market rally.
4. Depression (Fall-Winter 2009?): Sensex/Nifty will give back most of gains from rally; sits near 15-year lows as volatility and volumes decrease.
5. Acceptance (2010?): Market finally capitulates; Sensex/Nifty will rebound to an historically sustainable valuation of perhaps 16k points.

Note: The worst is that we appear to be in only the second/third of five stages of grieving and you can pretty much project the path the markets will take until the healing process completes itself. So, In third/forth phase real investors should start buying good stocks for 2010 rally.

Best Buy for short term

As i have mentioned before also.
Buy Spice Jet with target 33 in mind for 1 year.
Best Buy: Below 13 and above 10.
Target 25(1st Target), 28(2nd Target), 33(3rd Target).

- Exit all aviation stocks except this beauty.
I will update this blog with my analysis.

Market Trading at very low level in bearish mode

- European markets are heavily crashed so no chance of recovery in short days.
- One should not buy anything and if they have bought some position then its best to exit today only.
- ONGC corporate governance issue will provide base for a fact that all PSUs are having corporate issues and government is using that for wrong way.
- Next nifty level is 2507, 2486.....till 2180(My favorite level)
- Don't buy in load any scrip (especially PSU stocks, Banks, Real Estate better to be with Agriculture stocks like fertilizer, irrigation and CG)