Nifty is trading in the broader range of 8500-9000 since last 6 months and a lot of Investors are wondering whether it has the strength to further move-up or has it already made a top. So, here’s a technical perspective on the same.While fundamental analysis is the way to go in identifying reasonable valuations; technical analysis might just aid you in taking those decisions. This technical research article may help us to reasonably identify possible directional cues for Nifty from hereon. As per Technical Analysis, Nifty is in a “Bull Trend”. A Bull trend simply means that Nifty is likely to continue to move up. A bull trend is identified by a series of rallies where each rally exceeds the highest point of the previous rally. The decline between rallies ends above the lowest point of the previous decline. As we can see from the chart below Nifty has been […]Read more
The quarter ending December 2012 looked up to the Government for some major reforms through its Union Budget for FY13-14, to address the macro problems affecting the economic growth of the country, such as slow investment growth, high inflation and rising current account deficit.
Capital intensive sectors took a hit on the back of sluggish construction activity and slowdown in order inflow, while companies in the defensive sectors outperformed.
In this backdrop, let’s look at how the Nifty 50 companies performed in Q3 of FY12-13? Has the market overvalued or undervalued Nifty vis-à-vis its MRP, and, what should investors do?
Let’s find out…Read more
‘Wake me up when September ends’ is a popular song by Greenday which ends up as a FB status update for many people in September. The Indian Government also seems to have listened to this song and decided to wake up, albeit before September end!
September saw a number of reforms being announced by the Government – diesel price hikes, cap on LPG gas cylinders, allowing FDI in retail and some other sectors. While these reforms hurt the common man more than benefit him, the stock markets cheered wildly and have consequently rallied 8% over the last 2 months.
But while the sentiments seem to have improved a tad; what about the financial performance? Does India Inc.’s financial performance also support this optimism? To find out, let’s look at the September-12 quarter performance of the Nifty companies and find out if the Nifty is fairly priced…Read more
The start of the new financial year has been good for the Indian stock market. FII investments propelled a rally over the last 2 months which led to a 12% rise in the Nifty index. But this is small consolation as compared to the plethora of problems facing the Indian and global economy. The Government did try to pass some reforms like 49% FDI in insurance and pension sector only to be shot down by the opposition. Infact, the Government is now facing renewed pressure over the CAG report on coal block allocation.
With the overhang of these concerns, let’s look at the June quarter performance of the Nifty 50 companies. And what is the Nifty@MRP indicating? Should we be greedy and start shopping or should we be fearful?Read more
To earn high returns you need to take high risk! – at least that’s what everyone in the investment world thinks. But what we forget is that, higher the risk, higher is the chance of incurring losses!
So why do we want to increase the chances of making losses when actually you can earn high returns even from safe, blue-chip stocks. Do not believe us?
Read the MoneyWorks4me proof on how this is possible!Read more