Finally we may see Sensex at 20k and Nifty at 6000 tomorrow ideally !!
In the last 1 to 1.5 years apart from this website we have been conducting Seminars ( many were free) in many cities across India ( Mumbai,Delhi,Bangalore,Pune,Ahmedabad,Surat,Chennai) to give a detailed presentation of our Analysis. Thanks to all the participants who made them a great success:) and hope you all benefitted and profited immensely in Cash and Knowledge from the same.
We started conducting our seminars in last year to create more awareness about Technical Analysis with the first one being conducted in Mumbai on August 09 2009. It was named ' Sensex - the next MULTIBAGGER' which is our view that Sensex could do 44k/77k by 2018 and 27-32k over the next 3 years. The precursor to this presentation was in September to 2005 at 8k with the same view.
You can download that presentation from this link -
At that point Sensex was at 14k-15k when the presentation was made.The detailed analysis for the same was shown only in our Seminars and the powerpoint will not be shared as the long term analysis done by us can be copied
Similarly in our latest Seminars in Mumbai on AUGUST 01 2010 and in Thane on Sept 4 2010 had given a detailed presentation with a CLEAR CUT VIEW - that 20500 is what we see in coming months. With no diplomatic view as given by majority of analysts Read our previous posts i confirmed the breakout also few days back.
Today after 2 months Sensex is at 20k and very close to our target. If we are able to possibly catch the next move which could ideally be a Correction then expect a posting soon. We might get Corrections but not Crashes is the view ( 2008 was a crash but 2006 was a correction- Hope ppl understand wat m looking at )
For the rest of our detailed services and to be guided by a strong Research base readers can always join our Advisory Services - For more details check this link - http://www.nooreshtech.co.in/services or mail us email@example.com or call Asif 09833666151
For now i would suggest profit booking at 20000-20500 or keep strict trailing stoploss. Finally NO LEVERAGE at all. ( For the record last 2 weeks we were leveraged and slowly reducing and at 20.5k we would be totally out of leverage and high on cash as part of discipline )
Stay Tuned for more updates. Also would suggest readers to pass on the website link to all their colleagues so more people can benefit from the Efforts made to write this blog :). Also please do your own research and risk management.
Also after the rainy season getting over and a little lesser personal commitments we plan to conduct our training programmes out of Mumbai too.
Mumbai Sept 25-26
Ahmedabad Oct 9-10
Bangalore Oct 16-17
Delhi/Hyderabd if possible in November. For more details you can mail us with your contact details on firstname.lastname@example.org or give me a call on 09819225396 ( after market hours only ). Kazim our Training head is out of town for a week so u can also get in touch with Asif 09833666151 in case not able to get through me:)
Have been very busy with stock specific trades in Client Advisory etc and new venture. So will post stock specific updates tomorrow. By the way had mentioned HUL as a pick for people who would like to join us. Stock did a move from 275 to 295 hope people made money to join our Exclusive services.
Stay Disciplined with Stoplosses.