The Market positions -Sentiments and Impact

The Height and bottom of the market.

The New year started with big bang and world over all the market participant came with the new target for the market, and the indices world over started to make new highs DOW,Nasdaq,NIfty,Sensex,FTSE,DAX,Shanghai,Hangseng all were showing that we will give you return same as what we have given in 2009.

Then in mid January the real thing happened which was right and just finding the reason to blame others.First came CHINA for curbing the finances ,then OBAMA ,then Japan with low business development and then all that news which were earlier ignored now making big impact and effect.

But what happen was real.It was due,it was necessary and in the right direction. When Fundamental moves in other way then no technical works,all supports were broken before any one can understand.

NOW the big question what we will see in future.

Current Situation:
Stimulus package allover has just done to stop more downward which started in 2008.But they have not done enough to revive the market towards new growth.
Government with low interest rate and high deficit now do not have any more room to give to economy.Just they can go on the same thing or can cut,but cant give more to the economy.Higher inflation and high commodity price are also the culprit which have stopped the economic revival.World over govt. is in loose-loose situation.
The incentive has to be taken back and that to be very soon.

Dollar Index which was in southward direction in 2009 has reversed its trend and its moving northwards. Just see how EURO is going down day by day.

All indexes are trading at very high PE.Which indicates the current price levels are very high or at peak.

2009 given the highest return if calculated on Y-O-Y basis in many years. This type of return were on anticipation that economy will be on track and it will boom more then what was seen earlier.But that was not achieved and sentiments changed.

NOW the big question what we will see in future.
About economy emerging market will see growth ,but developed economy the task is hard to revive.As US and Europe which have real time data of every aspect of economy on real time basis,this all indicators are giving conflicting signals as some show upward and some down,this made the policy makers work so hard that they are not coming with the best. To much in mind gives nothing.
About stock market short term we will see down trend till June.We think the commodity rates will come down with the stocks till June,and if same happens the medium term outlook will be good and in longer term we will see new highs.

Psychology : Investor who becomes trader in shorter period get panicked in this situation and they sell every thing at market rates. And this situation will arise just we will see when the down fall start in coming days. Currently as per short term all indexes are at there support levels,and other indicators in negative zone which clearly indicates that there will be more down fall then upward.


What to do Now?
Every rise sell- sell .Get out of the market before 15Th of FEB. Currently all indices will be very volatile and the day traders will burn there fingers in even on the day index is up.There will some rise in indexes in coming days and more action will be seen in MADCAPS,But this will be from Punters to just transfer there holding to small investor at high rates.

Market View

From last many days we are not providing any calls as we were looking for good opportunity. We dont concentrate on calls we look winning stocks.As from many days major A group stock were in overbought position and thats they were just looking to correct and they get the reason of china and obama.The Market has corrected for 350 points in Nifty. We expect the market will bounce back,just to recover short positions.The clear picture is not available. Do not believe on TV channel who talks both way.So pls have patience ,clearly we will give calls when best performer will come like earlier.
Currently only our Moser Baer Call is Open.It has not broken is Stop Loss.
ITC and UNIPHOS have not clear there levels so calls not initiated, so as of now we advice to avoid UNIPHOS and ITC to buy on our given Levels.They are trading below our given levels.
If you need more info kindly mail us to pmscontact@yahoo.com

Update-20th Jan 2010

LUPIN Our Target of 1448 achieved,madea high of 1455.
Call given on 15th jan ,buy above 1400.

Update-19th Jan 2010

Lupin Yesterday made a high of 1443.5 near to our immediate target of 1448.
Short Term Picks
Torrent Pharma Made ahigh of 434. Call given to buy above 405.Our immediate target is 440.Call given on sunday 27th dec.

UNITED PHOS-The Chemical reaction

UNITED PHOS We advice to buy the stock above 170 or close above 170. Immediate target is 173,178,179.7. Above 173 it is very hot.Sl can be maintained at close below 166.Below 160 will take it to bearish phase.

Update-15th Jan 2010

CIPLA Our Immediate target of 348,353 achieved today itself.Call given on 13Th Jan.Buy at 341.5.made a high of 353.

Lupin: Made a high of 1434 near to our immediate target of 1435.Call given today morning to buy above 1400.

Reliance Made a High of 1138.90 ,near to our immediate target of 1140. Call was initiated yesterday as Buy above 1120.

Short Term Pick
Torrent Pharma made a high 414.95,Call given on 27th dec to buy above 405.Our immediate target is 417.

LuPin-The Giants Pill

LUPIN-Buy baove 1400 for immediate target of 35,48. Close above 1455 will take it to 1475,98.Stop Loss not required. Only below 1340 will take to bearish phase.

Cipla- Will care all

Cipla Ltd CMP:341.85 We advice to buy this stock at 340 level or current price.Our immediate target is 348,353. Close above 355 will take it to 362 and 370 level.

Keep a stop Loss of close below 328.

Target Achieved

Update-12th Jan 2010

Orchid Chem Our Immediate target of 197.8 achieved,made a high of 201.90.call given on 10Th Jan 2010 to buy above 191.

Ruchi soya Our target of 98 achieved. Call given on 2ND December to buy above 87.

Update-11th jan 2010

BEL Our Final target of 1995 achieved,made a high of 2049.Call given on 2ND december 2009 to buy above 1857.

Orchid Chem Made high of 197.2,our immediate target is 197.8.Call given yesterday buy above 191.made a high near our target on 1st day itself.

Moser Baer:The Clear picture

Moser BaerCMP 92.1. Buy this Stock for Immediate target of 95, 98.Close above 100 will take it 106 level.Close below 80 only will take it to bearish phase.

Orchid Chem-shaping to come back

Orchid ChemAfter the news of selling the one unit the stock was hammered from high of 234 to the low of 179.50.As the fundamentals remain intact for the future of this company,we advice to buy this stock at above 191 with immediate target of 197.80.After that if closes above 202 then you can see 218 in short period.
This stock is not for trading. Keep a stop loss of 175.

Target Achieved

Update-8th Jan 2010

Sun Pharma- Our target of 1600 achieved.made a high of 1605.call given on 20Th December buy at 1504.

We expect you have seen the way the stock has performed. Only Maruti till date has triggered STOP LOSS.
All our call like CONCOR,BEL given on 2ND dec,then on 20Th we recommended SUNPHARMA,Bhushan Steel and on 27Th dec we advice FINAN tech,Hero Honda,Siemens all have great jump.Even our short term pick PIDILITE and Wockhardt had fare well and touched the given target and higher.
About ITC . As ITc has not crossed its level of 260,this call remain non initiated. Pls understand do not buy before it not crosses its level.

We have given a different approach to select the scrip.Fundamentals and technical have been mixed up to find out winning stock in the market.We concentrate on right time entry to maximise the return.

We thanks all our viewers ,as day by day we are getting more more clicks.

Thanks a Lot.
Team Imaxcare.
For other details pls mail us to
pmscontact@yahoo.com

Update-7th Jan 2010

Siemens Our second target of 613 and higher achieved.made a high of 631. Call given buy above 586 on 27th dec.call was initited on 5th jan 2010.

Ruchi Soya Made a high of 96.7.our target 98,call given on 2nd dec buy above 87.

Reliance-The Big Boss Coming

Relaince INDBuy Reliance above 1120.Immediate target 1140. Close above 1140 will take it to 1168,1188 and higher.Keep a Stop Loss of 1080.

Update-6th jan 2010

FINAN TECH:So you have seen the real fire works,what we have written above 1450,the fire works of life-Stock made a high of 1580.Rs.100 in one day and Rs.215 in 3 days.Call given on 27th dec buy at 1365.(now we recommend to exit in this stock).

Pidilite IndsHave you seen todays jump.one time the stock was up 16%.Our target of 225 and higher completed made a high of 228.3.Call given on 20th dec buy above 191.Today it makes a 52 week high.

Siemens Our first target achieved of 598,made a high of 603.90,yesterday close 587.5,our call on 27th dec 2009,buy close above 586.Hold on for higher target.

Ruchi SoyaMade a high of 95.45,our target is 98.call given on 2nd dec to buy above 87.

ITC-Gaining through Smoke

ITC LimitedAfter touching a high of 271 ,the stock fell down heavily to low of 243.After that it has shown upward movement and currently trading at 257.

We advice to buy this stock if trades above 260 for some times or close above 260.
Immediate target is at 263,266. Close above 266.50 will take it to 270 levels.

Keep a stop Loss of 242.

Update- 5th jan 2010

FinanTech: Our second target achieved of 1445 and higher ,made a high of 1490.Call given on 27th dec 2009 ,Buy at 1365.
IFCI Our second target of 59 achieved,call given on 27th dec at 55.20.
Bhushan Steelour Final target of 1500 achieved made a high of 1520.Call given on 20th dec,buy above 1370.
Zylog: Made ahigh of 384,call given on 20th dec buy above 352.
MarutiOur Stop Loss triggered of 1520.

Update:4th jan 2010

Finan Tech: Our first target of 1420 completed made a high of 1427.call given Buy at 1367 on 27th dec.
IFCIour first target of 57.4 achieved made a high of 57.5,call given buy above 55.2 on 27th dec.
PidiliteOur first target achieved of 199. call given buy above 191 on 20th dec.
ZYlog System:made a high of 372,our second target is 385. Call given buy above 352 on 20th december 2009.

BHEL-The elctrifying effect

BHEL:CMP 2420.We advice to buy this stock if closes above 2434. For the immediate target of 2465 and there after 2479.Sl 2360.Make sure you trade on given levels.

Update 31st december 2009

IFCI: Call given on 27th dec buy above 55.2,1st target 57.4 made a high of 57.30.
Bhushan Steel: Call given on 20th dec buy above 1370 made a high of 1491.Near to our target.
BEL:Recommended at 2nd dec to buy above 1857. Made a high of 1961,our target is 1995.
Ruchi Soya: Recommended at 2nd dec to Buy above 87,made a high of 94.1,our tgt-98
Pidilite:recommended on 20th dec buy above 191,made a high of 198,our immediate target was 199.