RELEASED: “India’s Budget: policy and progress”: How better gold policies with rising incomes could benefit India’s gold industry.
|Recommendation @ Date||Stock||Recommendation @ Price||CMP @ 29-01-2018||Remarks|
|28/08/2014||ISGEC HEAVY ENGINEERING LTD BB Code: IGSEC IN||2706.30||7700.00||I was tracking from 690|
|2/9/2014||Alicon Castalloy Ltd||170.25||680.00|
|14-11-2014||8K MILES SOFTWARE SERVICES LTD||150.00||780.00|
|12/3/2015||Kellton Tech Solutions Ltd||48.00||118.00|
|6/3/2015||INTRASOFT TECHNOLOGIES LTD (ISFT)||271.90||730.00|
|3/4/2015||SIKA INTERPLANT SYSTEMS LTD||120.00||230.00|
|25/4/2016||MEDICAMEN BIOTECH LTD||84.40||720.00|
|4/5/2016||Tiger Logistics (India) Ltd||130.00||220.00|
|4/1/2017||LOYAL EQUIPMENTS LTD.||38.00||65.00||X-Bonus|
|19/1/2017||Bharat Wire Ropes Limited||86.70||135.00|
|28/1/2017||OPINION: “The Rich Are Different Than You And Me, Because, They Have More Money.”|
|21/2/2017||CMI FPE Limited||596.10||1200.00|
|16/3/2017||Opinion: NIFTY may touch 10000 to 10500 level in 4 months.|
|28/4/2017||Himadri Speciality Chemical Ltd||56.00||185.00||Based on HSCL I found Kesar Petro Ltd at 26, CMP 48|
*NIFTY:* *BE READY FOR ROCKING DECEMBER-2017*
I’m expecting NIFTY50 will cross 10500 level by November expiry. And as per economic calendar few events will be in December like…
DECEMBER – 2017
5-6 Dec – RBI Policy
9 Dec – Phs 1 Gujarat Election
12-13 Dec – US FED Policy
14 Dec – Phs 2 Gujarat Election
18 Dec – Gujarat and Himachal Pradesh Results
So I’m assuming, all come outs will be positive from these all events and in that case, market may touch the mark of 10800 level on positive cards (And may Hold few days for buildup positions). So at that time may be all OUTLOOKS will be positive and very pinky.
But, as we aware market had started journey from 6955 level to reach 10500 and above level. As per me, “if we are talking 6955 as a point A and 10500 is a B than NIFTY50 moved around 50% within 22 months (Feb-16 to Dec-17)”. So, NIFTY50 will take a RETRACEMENT for next journey. Above 10500 will be for SELL and DISTRIBUTION ONLY.
And I believe, main game is in derivatives market not in Equity Market. So, I’m expecting and assuming that, F&O position will provide indications and hopefully we can understand that properly AND at on right time. SO, *BE READY FOR ROCKING DECEMBER.*
I think this is also a big indication, *BIG TRADE HAPPENED (21-11-2017)*: Nifty Dec 9800-PE traded 18.15 lac shrs @ 31.25 with NIFTY-NOV-FUT reference of 10350.
I’m expecting market is likely to give a big fall in December month around 10-15% from the High (around 10800 (10650 is a benchmark level) + or – 100 pts).
*THIS IS MY PERSONAL VIEW AND FOR EDUCATIONAL PURPOSE ON MY ASSUMPTIONS BASED ONLY*