iCharts Discussions

[rsnagesh]

FISCAL DEFICIT RECORDED FOR THE FISCAL YEAR 2012-13 .: $88 BLN

CENTRAL GOVT PROJECTION FOR THE FISCAL YEAR 2013-14.: $70 BLN

RBI GOVERNOR'S PROJN ESTIMATE FOR THE YEAR 2013-14 .: $56 BLN

CENTRAL GOVT REDUCTION ON FISCAL DEFICIT
ESTIMATE FOR THE FISCAL YEAR 2013-14 .: 20.46% CONTRACTIONS

RBI GOVERNOR'S REDUCTION ON FISCAL DEFICIT
ESTIMATE FOR THE FISCAL YEAR 2013-14 WORKS OUT TO.: 36.37%

RBI INDUCTED Rs.80 BLN ON 18TH NOV 2013 TO IMPROVE CASH LIQUIDITY INTO THE SYSTEM. ( RBI REF RATE FOR ONE USD $ = 63.5930 ON 12-11-2013 (SEPT INDUSTRIAL PRODUCTION RELEASED DATE) ; AND 62.6250 ON 18-11-2013. RUPEE APPRECIATED BY 2.14% FLAT IN RBI REF RATE WITHIN A WEEK TIME IN BETWEEN THE ABOVE DATES. WHICH SIGNALS THAT THE WORST IS OVER FOR THE EQUITY MARKET.

CURRENTLY SENSEX 30 STOCKS EARNING PER SHARE STANDS AT 1165.83 TO 1177.92 AS ON DATE WITH THE CLOSING POINTS OF 20996.53 TODAY WHICH IS 18.01 TIMES TO THE EARNINGS OF SENSEX STOCKS. SIMILARLY INTRINSIC VALUE THAT MEANS BOOK VALUE OF SENSEX 30 STOCKS STANDS AT 7923.22 WHICH WAS 2.65 TIMES TO THE VALUE OF SENSEX CLOSING TODAY. WHICH MEANS SENSEX DOES NOT FALL BELOW 17394.19 TO 17574.57. TO UNDERSTAND CLEARLY, IF SENSEX TRADES BELOW OF THESE POINTS, SENSEX 30 STOCKS ARE AVAILABLE STEEPLY DISCOUNTED TO ITS EARNINGS. IN A NUTSHELL THE ABOVE RANGE IS A BUY ZONE FOR SENSEX 30 STOCKS ACCORDING TO ITS EARNINGS AS OF NOW.

READINGS BY R.S NAGESH

[chiragbvyas]

Hi,

New flavour of analisys , atleast for me.

Untill now i was of the opinion that when government give your money doubled in 5 or 6 years through kisan vikas patra and indira vikas patra, that time is the best for long term investments. Last it happened i remember in the year of 1999-2000 and rest is the history.

Thanks for posting this core analisys.

[thalapathy]

After 5 long yrs, happy to read your analysis, i am dr. balaji, a dentist from chennai drbalarst (2007), my previuos id, hope u remember me, you use to taught me your strategies during those days. i miss so many old friends (ichartians) like shanki, mayurnsk, manshukh, jimmy amitkumar roshanbaheti and many.... rr days.... thank u sir keep updating

[kvram]

dear nagesh sir and dr.balaji,still i remember those days at night night time i am dr.kvram,silent learner enjoyed as you mentioned old analysts and rr sir classes nice to remember,Today A FRESH BREEZE analysis by nageshji i think after long time ,Thanking you to all for good experience .

[pkholla]

Nagesh: Can you please post your analysis also for NF and Nifty 50 as most of us are nowadays trading NF and options. Also I believe around 90% of trading volume may be with NSE
Cheers, Prakash Holla