What Happened To Our Call Of Sensex Touching 35000 By Nov.,2014?

October 20, 2013

What Happened To Our Call Of Sensex Touching 35000 By Nov.,2014?

Greetings from Hitesh ! Hope you all must be enjoying the hot market in the winter of the economy.  On 14^th Sep.,2011, we had made a bold call on Sensex going upto 35000 by Nov.,2014. We are nearing Nov., 2013, just a year to go…..so, we are revisiting our market predication. But let us first see what made us give that predication.

What was Our Observation?

We had done the study DOW Index in the last century. We had found a unique observation that market had doubled during particular periods.

1^st Period 15/10/1923 to 30/9/1926:-

Dow index moved from around 90 to 160 during this period. In fact, it went up to 381 by 1929 and great depression started. So, bullish phase lasted for 6 years. But for me the period of 1923 to 1926 is very important.

2^nd Period 25/11/1952 to 12/11/1955:-

Dow index moved from around 260 to 400 during this period. In fact, it went up to 680 by 1960. Here again the bull phase lasted for 7 years. But for me the period of 1952 to 1955 is very important.

3^rd Period 16/10/1982 to 17/9/1985

Dow index moved from around 772 to 1250 during this period. In fact, it went up to 2755 by 1987. Here again the bull phase lasted for 5 years. But for me the period of 1982 to 1985 is very important.

What Happened in India?

During 1982 to 1984, Our Senex went up from 230 levels to 440 levels!!

If you see the above dates….every 30 years 1923/1952/1982 market has given 100% plus returns.

What was the Reason According to My System of Study?

During the above dates, the planet Saturn was TRANSITING Zodiac Sign of Libra. As per the great seers of India, Saturn becomes exalted in Libra during this period. In astrology, Saturn is the lord of Justice. When it is exalted it can do its work more proficiently.

The Saturn is transiting again in Libra from 15^th November 2011 to 2^nd November 2014. So, our logic was very simple that during this time we will see all around TEJI in the market.

What happened since 15^th Nov.,2011?

Till now, Saturn has added to the inflation world over. The height of the bullishness is that more than 60000 flats are unsold in INDIA (some estimates are putting unsold flats are above 1 lakhs)…..but their prices are not coming down.

Being a lord of Justice, many big names are being sent behind bars. It is a pleasant surprise in India to see that likes of Lalu Prasad is going behind bars.

During 2013, Sensex made a low of 17200 in August 2013 end and in just a month after, it touched 20700!! Last week it kissed 20882.

What are Leading Technical Analysts Saying Now?

2 years after our predication in Sep.,2011, leading technical analysts are predicting now the market as under…...

1. Nifty above 6170 can go up to 6451….7000 by Dec., 2013.

2. By Dec.,2014….they are seeing Nifty at 11000 plus.

If Nifty Touches 11000, Sensex will be around 35000 or more.

What Is Our Call On Market Now?

As an Investor, I know it is very difficult to change the investment strategy every now and then. From 2009, we had clarity of the market moves. If you are our regular reader, we need not prove anything to you. We are maintaining our target of 35000 Senex.

We had suggested two simple strategies.

      I.      Invest:-

Select some stocks for investments. Study them well from all the perspective. Once you are convinced, start adding in your portfolio at proper price levels. Go on doing this and wait patiently till market also joins the party. I have been doing the same with my investments. But this requires lot of mental strength, conviction and character.

At this juncture, I want to shares two examples with you…..during 1997-2000, Warren Buffett did not invest in IT stocks….and media started writing him off. All were proved wrong after 2000.

When Media Analysts were busy writing an obituary of US      and world market in 2008, Mr. Buffett was busy investing and he made tons of money in last 5 years.

If you follow this approach, you should not judge your performance on daily, weekly or yearly basis. You should give at least 3-5 years before you can judge yourself. If you select the right companies…..you just have to ignore the noise and sleep.

  

II.      Do Trading:-

Part of the fund I have been using for trading – daily, weekly and periodically. To prove our point we had enrolled 200 plus subscribers for Free Weekly Services and we have done 5% per week on an average consecutively in last 16 weeks. We shared our performance last time with you. Those who followed our guidelines of level trading had made good money in last 16 weeks.  

What Next?

Time and again we have proved to you that our vision of market is far ahead of other Market Experts and Media Analysts.

We are approaching New Year in coming 15 days. If you make a New Year resolution for better investment life, do write to us.

Live With Passion, Invest with Passion.

Hitesh Parikh.