iCharts Discussions

marne.vivek · Posted: Thu Dec 30, 2010 12:21 pm Post subject: PATTIBOY: SBIN

SBIN range is 2800 to 2700, breakout either side, Rs. 100 that side.. meaning above 2800 then 2900 and below 2700 then 2600[/b]

marne.vivek · Posted: Fri Dec 31, 2010 12:08 pm Post subject: Kotak Mahindra Bank

Kotak Mahindra Bank

marne.vivek · Posted: Fri Dec 31, 2010 12:17 pm Post subject:

HDIL: BO

DLF Breaksout.. had posted few days back above 290 buy, and it has broken out..

marne.vivek · Posted: Fri Dec 31, 2010 12:24 pm Post subject: SBIN

SBIN now 2796. Target 2900. Triangle BO from here today/. SL will be 2750.

marne.vivek · Posted: Fri Dec 31, 2010 12:32 pm Post subject: RPOWER Follow up

Further to this post where talked abt RPOWER Falling wedge and buying it out.

http://www.icharts.in/forum/viewtopic,p,17621.html#17621

Here is followup. RPOWER in clear inverted HnS breakout. Targeting Rs. 165 to 170 zone now..

marne.vivek · Posted: Fri Dec 31, 2010 12:37 pm Post subject: IOB: Breaks Out

IOB, has made a flag BO now.

Target is now Rs. 165 wiht SL of Rs. 143 been the low of the high volume candle of Breakout.

marne.vivek · Posted: Fri Dec 31, 2010 12:41 pm Post subject: ABIRLA NUVO

ABIRLA NUVO: Inverted HnS BO

SL: Rs. 825
CMP: Rs. 844
Target: Rs. 872

marne.vivek · Posted: Fri Dec 31, 2010 12:51 pm Post subject: AUROPHARMA

AUROPHARMA: SL 1250, CMP 1330 Tgt: Rs. 1550

marne.vivek · Posted: Fri Dec 31, 2010 1:14 pm Post subject: BANKNIFTY

Heading for 15000-17000

here is the wave structure.
[/i]

marne.vivek · Posted: Fri Dec 31, 2010 1:27 pm Post subject: NIFTY

NIFTY: Wave structure: more bulls than bears is it!!!

Here is the preferred and Alternate

The preferred: is bullish
Alternate: is bearish

marne.vivek · Posted: Fri Dec 31, 2010 2:11 pm Post subject: JUNIOR

JUNIOR: Flag + Cup and Handle Breakout. Wave Count suggests an a/1 or b/2 and now move to c/3. This shall be interesting.. watch out for stocks in JUNIOR nifty, they are going to rock.

marne.vivek · Posted: Fri Dec 31, 2010 2:16 pm Post subject: Hotel Leela

Hotel Leela

marne.vivek · Posted: Fri Dec 31, 2010 3:09 pm Post subject: NSE MIDCAP

NIFTY MIDCAP50 breaks out headed for 3100.. watch the stocks in this index for outperformance

marne.vivek · Posted: Fri Dec 31, 2010 9:17 pm Post subject: Fundamentally speaking

I have looked at Bloomberg Consensus Estimates of EPS estimates for all the 50 stocks in Nifty and for Nifty.

Based on FY11e EPS estimates, the PE of nifty is 19.1x, which is currently low, while on trailing 12 months EPS numbers, the PE of Nifty (taken from nse site) is 24.8x. This i believe is pretty high based on historical valuation.

I have attached the excel file with working. Have a look, while key notes are attached as pictures.

marne.vivek · Posted: Sat Jan 01, 2011 4:29 pm Post subject: INFOSYS

Infosys the poster boy / bellweather for the Indian IT is rocking since the day of its start of trading the stock is crazily running. Based on split bonus adjusted data, the stock was ~Rs. 1 in 1991 and is now 3443. Me think Infosys is in Primary wave 5 of Cycle wave 1.

A detailed wave structure suggests the Infosys can even reach 3600.