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 14th 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.
1st 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.
2nd 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.
3rd 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 15th November 2011 to 2nd November 2014. So, our logic was very simple that during this time
we will see all around TEJI in the market.
What happened since 15th 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.
Comments
Post a Comment