Decoding the Market through Ground Realities & What Should You Do?
August 8,
2013
Decoding
the Market through Ground Realities & What Should You Do?
Greetings
from Hitesh! Another eventful week is over. I take this opportunity to wish “Eid
Mubarak” to my Muslim friends. Coming back to the market…..you must be hearing some of the following sentences.
We are in Bear Face / There
is a small bull in bear phase / Economy is going to perform worst in coming
time / Market is going to go down further / Everything is uncertain at this
moment / Government is 100% ineffective in dealing with the economic issues of
the country.
In short
there is no clarity regarding the market and coming period. Disclarity always
leads to No-actions or Wrong-actions. Today I am going to deal with the Ground Realities
of our market. I am sure; it would give you a perspective to look at the
situations from a difference angle.
The
Election Year
In our article titled “Inside
Story of Dollar Appreciation/BSE Sensex & Union Elections” dated 22nd
June,2013, we had studied last 14 years data and proved to you following points.
(If you have missed, you can read the same on http://bestofhiteshparikh.blogspot.com)
1. Before Election
USD has always moved up against India Rupee.
2. Before
Election Indian market has always been down…..and it moved up dramatically,
after the results are out or the government is formed.
3. There have
always been uncertainties in past 14 years before elections.
What is happening
Now:-
Just see, the above 3
things are happening now also….USD is heading towards Rs.65 / Market is down /
and we are having uncertainties. In short there is no difference this time
also.
Hint for the Smart
Investors: -
When the
situations were seemingly uncertain before all the elections….who was buying
before all the elections? The only thing media talk is about selling e.g. so
and so sold so much shares or so much % of holding was offloaded.
Unfortunately,
they are not asking the buyer, why he is buying?
There
can be many reasons for selling (booking profit, need money for marriage,
education or some other purposes like to pay for the losses )…..but any buyer will only buy, if he sees that the price will
move up in foreseeable future.
Most of
the stocks are at 2008 levels or below 2008 levels….if situations are so bad as
media is making it out….who is buying?
Our Personal
Call:-
Knowing
above secrets we are not surprised by the market moves…..in fact, on 31st
Dec.,2012, in our final call for 2013, we had given you the downside market
target of 15700. So, we are well prepared to focus on the opportunities market
is going to give us. Just see what we did last week.
Our
Last Week’s Performance:-
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6th Week Performance :- 5th August to 9th August
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Sr.No.
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Company Name
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Reco.Date
|
Recom. Price
|
High Made After Our Call
|
Date on Which It Made This High
|
Absolute Profit in %
|
1
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HCL Tech
|
5th August
|
941
|
961
|
5th August
|
2.13
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2
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Biocon
|
5th August
|
318
|
340.6
|
8th August
|
7.11
|
3
|
Dabur
|
5th August
|
162
|
165
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5th August
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1.85
|
What
Next?
If you
have a passion and purpose to make money, we have many profitable opportunities
daily, weekly, monthly and yearly. You just need to approach us. Will you do
that?
Have a
Great Weekend.
You can
follow me @hiteshmparikh on twitter.
Live
With Passion…Invest With Passion.
Hitesh Parikh.
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