Last week my call not activated, I gave a call to go short at 4250-4300 but market just came up to 4215 only and gone as I expected. So, my expectations are proved.
This week too some bearishness will continue, markets will be on sideways no need to take the fresh positions. Just watch out the things whether they will pan out for the markets or not? My basic principle is that ‘I may not fetch the money on every call but I should not loose money on any call’ so I wait for the opportunity to make money. Similarly fresh shorts are advised when nifty below 3990 and fresh longs positions can be taken on if it sustains above 4425.
I conclude that markets may not go beyond 4425, so go short at higher levels is the winning strategy. Markets are set to go down in new trading range in the upcoming weeks.
Please watch my home page; I will update it as I interested to take the call.
7 comments:
Dear KK, can you plese give your view for BHEL? i hold 100 @1550.plese you can mail me on mail.terenaam@gmail.com.
Rk
I think you are one of true FREE Advisors of wealth.By the way I am tracking u in Money Control and have not really invested by any particular way. My Current holdings are not big . Some RPL(1900 )@205 Avg ,
Arvind Mills 500@75 Rs ,
Dena Bank 750@97,
Mundra 80@651 ,
PNB Gilts 500@48
I have booked loss of 58000 Rs till now . I will appreciate your advise on what to keep .
May Ma Laxmi bless you and others around you with Wealth , health and Happiness.
Capt Anil
dear capt Anil - Thanks for your good words. At this point of time i prefer to go with large caps like BHEL,L&T and Rel.Cap and from your bag i will prefer RPL,mundra. You can add much on every dip, if you have sufficient money. In the upcoming weeks RPL will bounce back to 170+ level.
We are in a strong bear market and it may sustain for another 6 months atleast.
At present market might go to 4250-4375 level and is a big opportunity to exit from some of the stocks like Dena bank,PNB and Arvind. Later you can shift your money to the above said stocks at 3600 level.
with thanks
be and make
dear RK - A very promising stock even in these panic conditions. The most liquid, reliable stock. BHEL is one of biggest beneficier after the nuke deal. Strongly recommending you to hold this stock for two year period.
with thanks
k a l y a n
Dear Kalyan ,
Thanks for your Kind assessment.
Wish you showers of Ma Laxmi's blessings
Capt Anil
dear capt Anil - I hope almost all the targets achieved and market too moving along with the expectations. I think you gained atleast something from my call.
God bless you with happiness,
with thanks
k a l y a n
dear capt Anil - I hope almost all the targets achieved and market too moving along with the expectations. I think you gained atleast something from my call.
God bless you with happiness,
with thanks
k a l y a n
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