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Disclaimer: This Blog, its owner, creator & contributor is not a research analyst and expressing opinion only as an Investor in Indian equities .He/She is not responsible for any loss arising out of any information, post or opinion appearing on this blog.Information or stock recommendations contained in this blog are for educational purposes only. Investors are advised to consult financial consultant before acting on any such information. Before acting on any old recommendations, please ensure its relevance in current circumstances.

Wednesday, April 3, 2013

Money Mystery: Result Of Judgement

Money Mystery has known for providing views n ideas much before in advance so that everyone remain informed much before anyone else and take informed decision.


Here our recent takes as on 20th March published at my blog moneymystery.blogspot.in


****20th March on Nifty:

Well big immediate support for Nifty is around 5660 and most likely will bounce back from somewhere near to that and on any further downside below 5760/5660 level of 5608/5600 will act like solid support. 
So why Panic???? Let see what happens..we will get back as an when feel necessary.

Panic only kills.



****21st March on Nifty:

Ab Tera kya hioga Nifty@

We know what happened with Kaaliya in Sholay...what about Nifty???? Who's the Gabbar here??? 
Well we can only predict or assume things taking some parameters. The rally started above 5600/5608 which we mentioned quite a time in our earlier messages and the range was given till 6134/6143 in the message given here at this blog on Dec 6th 2012  where on Jan 29 it made high of 6111 and started correcting from there. Somehow we gave our top for the market much earlier than anyone else. We're back to square one again from where we started. Market is full of negative noise and there's a valid reason.....stocks prices are out of shape...what Talwalker or Gold Gym couldn't do market did in just few days for the stocks. This's Dirty Picture. 
My India is not like that.
What signals are we giving??? In the last 3 month our performance have been the worst when compare to Nikkei, Jakarta, Dowjones, S&P, Nasdaq, Hangseng, CAC, Dax or the FTSE. Things need to change now fast & quick. Technically I still see strong support in the region of 5608/5600 and I expect Nifty to bounce back in style. Only continuous closing or closing below 5600 will make it further weaker where on the downside Nifty could see downside level of upto 5428. So as of now 5600 will give a good challenge to the so called Bears.

(Edited Later) at 4.32pm on 23rd March**** 6 month & 1 year chart shows very strong support for Nifty in the region of 5571/5554.....however it gets the bigger momentum only above 5600/5608 level.

What Happened???  Well Nifty made low of 5604.85 on 28th March and bounced.



****20th March on Raymond Ltd

Its time to do some investment in good quality stock. Raymond is one of them. Raymond Ltd can be bought around 266/265 at first level and 2nd level entry level is around 245/243.
CMP Rs 277 when message posted.

What Happened??? Made low of 258.4 on 21st March and went on to hit 296.5 on 3rd April. Return of 12% from the 1st recommended level.




****20th March on Century Textiles

When something wrong happens in market even good stock gets hammered. As markets are down am looking to accumulate quality stock at various levels as an when it comes and Century Textile is one of them. Am looking forward to buy Century Textiles in the region of around 283/280 & 262/261 & 228/220.
These are the levels where one can look forward to invest in step by step.

CMP Rs 296


What Happened??? Hits low of 276.55 on 28th March from there it went on to hit 305 so far...delivered return of 8% from the 1st recommended level.




****20th March on Inox Leisure

Buy just 50% of the desired quantity in Inox Leisure in the region of 67/65. Its into premium multiplex business.
CMP Rs 66.8

What Happened??? Inox made low of 61 on 1st April from there it went on to hit 74 so far....delivered return of 12-13% from the recommended level.



****20th March on Reliance Capital

Reliance Capital has strong support around 321/315 where it can be bought some. Below that it could drift down to around 291/287. These are strong bounce back levels.
Cmp Rs 335
What Happened??? Hits low of 296.85 on 26th March from there it went on to hit 341+ so far....delivered return of 15% from the 2nd recommended level.



****20th March on Chambal Fertiliser

Chambal Fertiliser has come to my buying list after a pretty long time. The stock can be bought around 48/46 at first level. 
Never ever buy your desired qty at one shot.
Cmp Rs 49





What happened??? Hits low of 47.40 on 21st March from there it went on to hit 53.6...delivered return of 13%




****20th March on Bharti Airtel


Bharti Airtel has very strong support around 280/276, 2nd support around 260 and third support around 245. Avoid any long below 245/244 and vice versa.
Cmp Rs 281

What Happened??? Hits low of 275.6 on 20th March from there it went on to hit 303...delivered return of 9%




****20th March on NMDC

NMDC has last good support around 127/126...in intraday it can even hit low of upto 119 however likely to close above 127 which is a very strong bounce back level. AVOID any long below 126/125 or 126/125 closing.
Cmp Rs 133


What Happened??? Hits low of 128 on 22nd March from there it went on to hit 139.35....delivered return of 8%




****20th March on SRF Ltd

SRF Ltd can be bought on further decline around 158/150 and not now as it became weak below 180. Either it will get strong above 180 or else let it come around 158/150 from where it will try to take support & bounce.
CMP Rs 171

What Happened???? Nothing much happened. Didn't come down to the above mentioned level. Closed abv 180 yesterday....should possibly see the magic now.



****21st March on Pantaloon Retail

Pantaloon Retail finds strong support level around 150 & 138 & 128.7 & 115 on closing basis where it could likely to take support & bounce. Any long should be avoided below 115 only and vice versa.
Cmp Rs 153.65 when message posted.

What Happened??? Hits low of 137 on 28th March from there it went on to hit 161+ so far...delivered return of 12% taking 150 & 138 as purchase price.



****22nd March on BEML

The recent carnage on PSU stock took toll on almost all of the PSU stocks.....if i can't rely on Govt stocks then how could I keep faith on the Pvt ones. I see opportunities in various of the PSU stock and amongst them one of which is BEML. I don't understand about much of valuation however I understand the business which is it into. Its a class in its business.
Technically some shopping can be done in the region of 138/123 which is its long term support level and below 123 the next level to get into BEML is somewhere around 100 & 82-80. The stock is currently at its 2004 lows....Amazing!!!!!! 
Always buy in parts...never ever buy the desired qty at one shot.
Cmp Rs 148


(edited later) at 4.34pm on 23rd March*** Technically a trader can get out below 122/120 and try to enter near the next support level for any bounce.

And those who like BEML for investment purpose can enter step by step in the above mentioned range.

What Happened??? Hits low of 136.10 on 28th March from there it went on to hit 169 so far....delivered return of 22%


****26th March on Financial Tech

Technically Financial Tech hold excellent support in the region of 685/682 and can be bought on decline somewhere near to that keeping stop loss below 680 or on closing basis below 680. Upside target seen upto  756 & 816.

CMP Rs 709 when this message posted.






What Happened??? Hits low of 690.10 on 28th March from there it went on to hit 781...delivered return of 11%



****26th March on Reliance Industries

Buy some qty of  Reliance Industries in the region of 773/751 for delivery purpose.
CMP Rs 791 when this message is posted.

What Happened??? Hits low of 764.40 on 28th March from there it went on to hit 796 so far....delivered return of 4%



****26th March on L&T

L&T heading towards its big support level where its likely to take support and give good bounce. 
Levels of around 1335/1300 likely to provide big big support for L&T. 
Below 1300 it could drift down upto 1243 & 1186/1178 & 1138/1133 & 991

We have given both side view so trade accordingly.

Cmp Rs 1345 when this message posted.

What Happened??? Hits low of 1333.5 on 26th March from there it went on to hit 1432 so far....delivered return of 7%



****26th March on Gail

Only a closing below 306 will make Gail weaker where on the downside it could drift down upto 287/284 & 268. These are the strong support level below 306 where we expect Gail to take support & bounce.
Cmp Rs 301.50 when this message is posted.


What Happened??? 306 was the given pivot level, below 306 it was weak and vice versa, above 306 it went on to hit 324 so far....delivered return of 6%



****26th March on Satyam Co.

Anyone holding Satyam can look forward to book some profit as going ahead it will face tough resistance around the 135 levels, crossing that will be a difficult event and eventually it could correct. 
Only a closing above 136/138 will take it much higher where you can keep a stop loss below 135 and could play for a upside target of upto 177. We have given both side view so trade accordingly.

LTP Rs 127.10 when this message posted. 



What Happened??? Hits high of 131.85 on 28th March from there it went on to hit 118.10 so far....downside return of 9-10%



Above are my recent performance sheet.....Do visit my blog and explore the performance since the blog was made. One can also visit moneycontrol messageboard and explore me.

MMB Link@




Kind Regards,


Manish Bothra,
Kolkata.
+91-9903781886
Also available on Whats App.

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