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Monday, 3 October 2011

Nifty Daily Updates - Kedar K Murdeshwar

3rd october 2011,Monday

Nifty: 4849.50 (-93.75)
Sensex: 16151.45 (- 302.31)

Gold (MCX): 26490 (+459)
INR-USD: 49.44 (+0.42)

Dow Jones: 10913.38 (-2.16%)
Nasdaq: 2415.40 (-2.63%)
CAC: 2921.33 (-2.03%)
Hang Seng: 16822.15 (-4.38%)

The Week and This Month opened on a lower note today.Nifty tried to recover in the end but still ended in negative.

The Top Gainers in Nifty were Bpcl (4.38%),RPower (2.08%) and Rel Capital (1.95%)
The Top Losers in Nifty were DLF (-8.77%),Jindal steel (-6.77%) and Hindalco (-5.63%)

Market Overview for Tomorow (4th October 2011)

The Support levels for Tomorow are 4828,4798 and 4772
The Resistance levels for tOmorow are 4883,4908 and 4938

Good Stocks to Buy Tommorow

Koutons (26.75) Target:29
SimplexInf (236.95) Target:242
Hind Petro (376.10) Target:382
EduComp: (243.95) Target:250

Warren Buffet Quotes - Kedar K Murdeshwar

3rd October 2011,Monday



You are neither right nor wrong because the crowd disagrees with you. You are right because your data and reasoning are right.

Never invest in a business you cannot understand.

Unless you can watch your stock holding decline by 50% without becoming panic-stricken, you should not be in the stock market.

Stop trying to predict the direction of the stock market, the economy,Interest rats or elections.

Be fearful when others are greedy and greedy only when others are fearful.

It is optimism that is the enemy of the rational buyer.

As far as you are concerned, the stock market does not exist. Ignore it.

It is more important to say "no" to an opportunity, than to say "yes".

Buy a business, don't rent stocks.

An investor should ordinarily hold a small piece of an outstanding business with the same tenacity that an owner would exhibit if he owned all of that business.

Always invest for the long term.

Biggest Intraday Falls - Kedar Murdeshwar

3rd October 2011,Monday

Jul 6, 2009: The Sensex ended with a loss of 869 points at 14,043 following the Union Budget announced this afternoon. The index had opened in the green and gained 184 points to touch a high of 15,098. However, the Union Budget did not go down well with the investors and the Sensex started slipping in noon trades. Thereafter the index crashed to a low of 13,959 - down 1,139 points from the day's high.
 
Jan 22, 2008: The Sensex saw its biggest intra-day fall on Tuesday when it hit a low of 15,332, down 2,273 points. However, it recovered losses and closed at a loss of 875 points at 16,730. The Nifty closed at 4,899 at a loss of 310 points. Trading was suspended for one hour at the Bombay Stock Exchange after the benchmark Sensex crashed to a low of 15,576.30 within minutes of opening, crossing the circuit limit of 10%.
 
Jan 21, 2008: The Sensex saw its highest ever loss of 1,408 points at the end of the session on Monday. The Sensex recovered to close at 17,605.40 after it tumbled to the day's low of 16,963.96, on high volatility as investors panicked following weak global cues amid fears of the US recession.
 
January 18, 2008: Unabated selling in the last one hour of trade saw the index tumble to a low of 18,930 - down 786 points from the day's high. The Sensex finally ended with a hefty loss of 687 points (3.5%) at 19,014. The index thus shed 8.7% (1,813 points) during the week. The NSE Nifty plunged 3.5% (208 points) to 5,705.
 
December 17, 2007: A heavy bout of selling in the late noon deals saw the index plunge to a low of 19,177 - down 856 points from the day's open. The Sensex finally ended with a huge loss of 769 points (3.8%) at 19,261. The NSE Nifty ended at 5,777, down 271 points.
 
November 21, 2007: Mirroring weakness in other Asian markets, the Sensex saw relentless selling. The index tumbled to a low of 18,515 - down 766 points from the previous close. The Sensex finally ended with a loss of 678 points at 18,603. The Nifty lost 220 points to close at 5,561.
 
October 18, 2007: Profit-taking in noon trades saw the index pare gains and slip into negative zone. The intensity of selling increased towards the closing bell, and the index tumbled all the way to a low of 17,771 - down 1,428 points from the day's high. The Sensex finally ended with a hefty loss of 717 points (3.8%) at 17,998. The Nifty lost 208 points to close at 5,351.
 
August 16, 2007: The Sensex, after languishing over 500 points lower for most of the trading sesion, slipped again towards the close to a low of 14,345. The index finally ended with a hefty loss of 643 points at 14,358.
 
August 01, 2007: The Sensex opened with a negative gap of 207 points at 15,344 amid weak trends in the global market and slipped deeper into the red. Unabated selling across-the-board saw the index tumble to a low of 14,911. The Sensex finally ended with a hefty loss of 615 points at 14,936. The NSE Nifty ended at 4,346, down 183 points. This is the third biggest loss in absolute terms for the index.
 
April 02, 2007: The Sensex opened with a huge negative gap of 260 points at 12,812 following the Reserve Bank of India decision to hike the cash reserve ratio and repo rate. Unabated selling, mainly in auto and banking stocks, saw the index drift to lower levels as the day progressed. The index tumbled to a low of 12,426 before finally settling with a hefty loss of 617 points (4.7%) at 12,455.
 
May 18, 2006: The Sensex registered a fall of 826 points (6.76%) to close at 11,391, following heavy selling by FIIs, retail investors and a weakness in global markets. The Nifty crashed by 496.50 points (8.70%) points to close at 5,208.80 points

Sunday, 2 October 2011

Morning Update Stock Market - Kedar Murdeshwar

3rd October,2011 Monday

Nifty opened down with a gap today.Meanwhile Nifty has filled the up gap created on 27thSept,2011.Maybe that was the sole reason for the Nifty to open down with a gap.Today 4827 will act as a Major support.

On the Monthly chart it can be seen that Nifty is continuously falling down for last 3 months.It is trying to take support at 4777.This figure is crucial as it is a 38.2% retracement drawn from the bottom of 2252 (Oct 2008) to the top of 6338 (Nov 2010).Nifty will try to take support at this crucial level.If this Level is breached ie if Nifty gives a close below this level in October,god save Nifty then.

Spinning Doji Bottoms - Kedar K Murdeshwar

3rd October,2011 Monday

Spinning Doji Bottoms:These are Reversal patterns and formed after a downtrend.The Stock or the index is expected to rise after the formation of Spinning Bottoms.

In the Given below Intraday chart of Hero Honda one can see the Formation of Spinning Bottoms and the stock shooted to 2018 from 1939 in just 2 Trading hours



Saturday, 1 October 2011

Mahatma Gandhi's Quotes in Stock Market By Kedar Murdeshwar

1st October,2011 Saturday

Mahatma's quotes can be related to current Stock Market Scenario

Freedom is not worth having if it does not include the freedom to make mistakes.
--Its no use trading if you never make loss.Losses are allowed,but you should try to minimise them with proper Analysis.--

Whatever you do will be insignificant, but it is very important that you do it.

 -- Its not necessary that you must have huge Equity capital with you to trade or you should be a millionaire to invest in Stock Market.But you should invest a small proportion of your accumulated wealth in Stock market in today's time of inflation or Gold.Don't keep on thinking how much will I get,if I invest so less.start Investing early in small amounts but start.--

 

An eye for an eye makes the whole world blind
-- Avoid Revenge Trading.Just because you were not able to make profit in one particular scrip,its foolish to overtrade or over invest in the same scrip to take revenge of that stock.Ultimately you will lose everything.--

You must be the change you want to see in the world
-- Don't expect the Market to be perfect.The market will be perfect when you invest wisely with Proper Analysis.--

 


Stock Market Jokes

1st october,2011 Saturday




My broker and I are working on a retirement plan. Unfortunately, it's his!

A long term investment is a short term investment that failed.

It was so cold today I saw a stockbroker with his hands in his own pockets

A market analyst is an expert who will know tomorrow why the things he predicted yesterday didn't happen today!

Momentum Investing: The fine art of buying high and selling low.
Value Investing: The art of buying low and selling lower

The best time to buy anything is last year.
The market is weird. Every time one guy sells, another one buys, and they both think they're smart.
Economics is extremely useful as a form of employment for economists

Ask five economists and you'll get five different answers (six if one went to Harvard).

Economics is the painful elaboration of the obvious.

I asked an economist for her phone number....and she gave me an estimate.

An economist is someone who gets rich explaining others why they are poor.