Sep

Market Going Down but Not Crashed!

Tej Kohli watching the sensex figure since morning and saying that might be Indian investors not feeling well today. On the other hand Tej Kohli had noticed that after a long interval BSE and NSE was performing well even on Monday . But today sensex seems like upseting the Indian customer. Although the situation is not always same , everybody knows but today situation considered as speed breaker Tej Kohli quoted .

Book your profit at every rise

BSE Index (17305.87) :- The BSE index is heading downward from its top level 19131.70. Market indicates oversold position on daily, weekly and monthly basis. On

upward side the mark of 17665 is the nearest resistance and still it may have to face another resistance at 18038. On down side it may get some support at 16920,

16600, 16280 and 15960. Nifty Future (5211.35) :- Nifty future is heading downward from its top level of 5760. Market itself indicates oversold position on daily weekly

and monthly basis. On upward side the mark of 5326 would be the nearest resistance and still it may have to face another resistance at 5490 if it jumps over 5440. On

down side the mark of 5100 would be most crucial support level and below this level it may be supported at 5080, 4975, 4885 and 4786. Havells India (Rs. 331.95)

This stock is on its downward journey from its top level of 451.25. Market indicates oversold position on daily and weekly basis and overbought to neutral position on

monthly basis. On up- ward side it may have resistance at 371 to 377 if it jumps over 365. On down side below 347 it may get some support at 342 to 320.
Millions of investors waiting for sensex 20,000 figure which was crossed in the year 2008 Tej Kohli says .

Market cracks on global fear

Global markets cracked after the US market tanked on Thursday due to a fear of a double dip recession. The weakening financial position in the US and Europe took a

toll on our markets on Friday as the market sank in line with other Asian markets. At one point in time during the day, the Sensex was down by around 700 points.

Bargain buying at lower levels emerged, which helped the market recover some of its losses.
Tej Kohli writes last moth when the market was down people useually buy share and they are waiting for right time to sell. Might be they feel happy with the market perfomence in upconing days bacuese festive season is comning Tej Kohli says.
SELL ON RISE ;- The long term, medium term and short term trend continue to remain down, but minor hope is provided in the form of a bullish candle formation and
some oscillators being in over- sold territory. Assuming the low made on Friday holds, one can expect some minor recovery in the short term upto Resistance
zone of Sensex 18005-18068 and Nifty 5422-5433. This recov- ery should be used to create short positions at higher levels and exit stuck up long positions. It is im-
portant to remember that the Bearish Head & Shoulders on the weekly chart has been completed as the market finally managed a close be- low the bearish neckline.

Tej kohli owned Grafix softech announced updated version of visitor tracking software also Tej kohli launched new 3D secure technology for securing the the Internet

TECHNICALLY SPEAKING :-The Sensex opened the week at 18352, made a high of 18440, a low of 16990 and closed the week at 17305. The Sensex lost 892

points on a weekly basis. Similarly Nifty opened the week at 5527, made a high of 5551, a low of 5116 and closed the week at 5211. The Nifty too closed with a weekly

loss of 271 points.
Tej Kohli reported Gold futures in India cross Rs 29,000 per 10 grams in upcoming days

Crash in US stocks sends world bourses into trash Seasonal buyoancy in Indian stocks further delayed

Adhering to their practice of fol-lowing the universal tendencies, the Indian stocks received a further jerk of 891 points on the BSE Sensex in the last week. In the week

prior to the last also, the most-followed indice was hit by 525 points. Thus in just couple of weeks, more than 1400 precious points were knocked off and that hap-
pened without any fault on part of the india incorporated. The entire disatster emanated from the USA which sent the stock markets univer- sally into trash engulfed

Indian stock markets too. Thus, the seasonal buoyancy that should have already set in and was delayed by the stiff rate hike by the RBI, but still envi- sioned to happen

during the last week, got further delayed as the in-vesting community lost both, the money as well as the confidence in the markets. The frantic selling that emerged on

the news of the US economy heading towards yet an-other crisis like the one that hit it in 2007-08 in the name of sub-prime lending, sent most of the leading world
stock markets reeling under pressure resulting in the Indian stock market operators into receiving huge margin calls from their brokers to pay up mark to market margins

which many of the position holders on bullish side would fail to honour and that would keep the markets depressed for yet another week or two.
Sensex falls nearly 200 pts; DLF, RComm, R Infra top losers Tej Kohli reported.
However, still, the Indian stock markets hold a promise to turn sea- sonally buoyant in the next couple of months as it usually happens in Au- gust-October period

almost every year. Besides positive impact of mon- soon, the markets generally take a cue from festival season which pumps in life into various consumer goods
market which ultimately transalates into increased turnovers and elevated profit margins for the Indian compa- nies.

Tej kohli express his views about Dubai Real estate market also Tej Kohli had launched Abu Dhabi Real estate projects.

Although, the current monsoon is not all that satisfactory so far, the sentiments on commodity price front have turned bearish and therefore
Tej Kohli observed Asian stocks and U.S. futures fell, Treasury 10-year yields sank to a record, and the euro slid for a fifth day against the franc on speculation

Europe’s debt crisis is worsening. Gold climbed to an all-time high.

Dalal Street’s top Rumors of the Day

Bonus meet reports will bring Malabar Trading under buying spree.
Short term traders can take a chance.
Shriram City might consider bonus as it is celebrating silver jubilee year. Knowledgeable circle expects bonus announcement from Kotak Mahindra Bank. Would you

like to join the bandwagon?

While on the other hand Tej Kohli finds that Asian shares tumbled on Tuesday, with Tokyo hitting a two-year low, following a huge sell-off in Europe as renewed

eurozone debt woes added to already weak confidence in the global economy.

Equities lost out and the euro slumped as traders sought out safe haven assets to take shelter from the gloom, with gold hitting another record high.
Dr. Wellman Homeo might see fire crackers on re-listing. However, this counter is in T group and to be traded in physical mode only.

Sudden fall of 80% on ex-dividend basis has surprised one and all for Elcid Investment. This company has robust growth for this fiscal as indicated by Q1 results.
Informed circle advices to go long on the counter of Donear Ind. The company is reportedly faring well.
Below Rs. 100, Adani Power is a safe medium term bet, opines bull operator from Ahmedabad.
Green revolution might take a toll on paper industry, opines observer.
However, the actual impact will be seen from this year onwards.
Delhi punters recommend KDDL Ltd. The company is reportedly faring well and might announce some cheering news.
Mumbai punters expects liberal bonus from SOTL (Savita Oil) that has fared exceedingly well for the Q1 indicating at turning fortune..

Tej Kohli notices that Mahindra & Mahindra shares rose over 2% on Tuesday, boosted by the announcement that the utility vehicle maker has hiked prices of its

vehicles in the Indian market by up to 2%.

Fish for Blue-chips, Avoid Stocks in Persistent Declines

DEEPAK MOHONI

The gains made in the two-day rally at the start of the week were washed off in the decline that followed. The Sensex finished the week 1.81% or 292.84 points lower,

and the Nifty ended 2.02% down. The CNX Midcap Index lost a more moderate 1.22%. Bajaj Auto was the biggest winner among index stocks with a 5.1% gain. The

other index stocks to rise included Bharti Airtel, BHEL, TCS and Hindustan Unilever with gains between 4.0% and 1.2%.
Coal India was the biggest loser among index stocks with an 8.6% decline. The other index stocks to go down included Tata Steel, Jaiprakash Associates, State Bank

and Maruti Suzuki with losses falling between 8.1% and 7.1%.
Lovable Lingerie was the biggest winner among the more heavily traded non-index stocks with a 15.7% gain. The other non-index stocks to go up included Rushil

Decor, KS Oils, Amrutanjan Health Care, Bata India, UltraTech Cement, Arvind and Jain Irrigation with gains between 15.3% and 4.7%.
Inventure Growth & Securities was the biggest loser among the more heavily traded non-index stocks with a 19% loss. The other non-index stocks to go down

included Jet Airways, Dish TV India, Reliance Capital, Aurobindo Pharma, Educomp Solutions, TTK Prestige and IVRCL with losses falling between 14.9% and

9.4%.
Tej Kohli discovered that It’s the unseen rather than the seen that is luring global automotive industry to Gujarat. As it now emerges, it was the fine-print in the MoUs

than the strategic advantages that pulled off the hat-trick for the state swinging automakers like French PSA Peugeot Citroen, American Ford and Indian Tata Motors its

way in the last three years.
INTERMEDIATE TREND
The Sensex, Nifty and the CNX Midcap Index remain in the intermediate downtrend that started on July 8 when the Sensex topped out at 19,132. The levels above

which the downtrend would end moved down during the week to 16,550 for the Sensex, 4,975 for the Nifty, and 7,425 for the CNX Midcap Index. (Figures are

rounded up to the nearest 25).
Most global markets also remain in intermediate downtrends, but the recently increased volatility has started returning to more normal levels. Many of these indices have

managed to remain above the lows they made about two weeks back, and a moderate strong rally could lead to a global uptrend.
Our market had been outperforming most global indices since the mini bull market bottom of February 11 until about a month ago. Its relative position since that date

has dropped in the last two weeks or so, but remains within the top one-third.
LONG-TERM TREND
Our market’s long-term (major) trend is down, with the Sensex, Nifty and CNX Midcap well below their last intermediate bottoms, as well as their February 11 lows.

The three indices are also a good distance below their 200-day moving averages.
Our market and most global ones are currently in a bear phase, with the indices showing falling intermediate tops and bottoms, besides being well below their 200-day

moving averages. The Sensex would have to rise above its last intermediate top of 19,150 to be in a bull market again. However, this level will come down to the top of

the next intermediate uptrend, once one develops.
TRADING & INVESTING STRATEGIES
The strategy of nibbling for stocks during these troubled times remains unchanged, as the intermediate downtrend has run for several weeks now. There will be some

downside risk while global markets fall, but our market has not fallen as severely as most of the other global indices since February.
However, solid stocks with lower downside volatility should be picked at this time, and stocks making oneyear lows or worse should be avoided. Stocks which have

held out around their February lows and have started rising in the last week or two are the best candidates.
Existing portfolios may be held on to as there is a reasonably good chance that the market would find higher levels than the current ones in the not too distant future, as

the decline has been more on account of bad sentiment than worsening fundamentals.
Tej Kohli observed that European stock markets were mixed at the open Tuesday, as the euro-zone debt crisis continues to provide uncertainty, with the euro currency

falling to a one-month low against the U.S. dollar.

London’s FTSE 100 Index fell 0.1% to 5099.04, the DAX in Frankfurt rose 0.4% to 5268.81and the CAC-40 Index in Paris fell gained 0.5% to 3014.67.
Investing in gold remains highly risky, and the mid-week crash may be a first sign that the bubble may be on the verge of bursting.
GLOBAL PERSPECTIVE
Most global markets have made large swings in both directions over the last two-three weeks, and their intermediate trends could go either way. Political and central

bank announcements are likely to dominate moves in the immediate future.
Most global markets are also in bear phases, as mentioned above. Virtually all those indices have fallen below their previous intermediate bottoms, and are below their

200-day moving averages as well.
The Sensex lost 11.4% in the twelve months that ended on Thursday, down five positions to the 30th place among 35 well-known global indices considered for the

study. Russia now heads the list with a 25.6% gain. Argentina, Sri Lanka, Indonesia and the NASDAQ Composite follow. The Dow Jones Industrial Average has

gained 11.7% and the NASDAQ Composite has gained 14.2% over the same period. (These rankings do not take exchange rate effects into consideration).

Hold on to Your Money, Invest Only After Next Downtrend

DEEPAK MOHONI
The market ended its eight-weeklong losing streak emphatically, with the Sensex shooting up 6.14%, or 972.63 points, in a truncated week. The Nifty gained 6.15%, and

the CNX Midcap Index a smaller 4.14%. DLF was the biggest winner among Sensex stocks with an 18.3% gain. The other index stocks to rise included Tata Steel,

Jindal Steel & Power, Jaiprakash Associates and Reliance Industries with gains between 15.7% and 11.9%.
ONGC was a loser among Sensex stocks with a 5.1% loss. No other index stock declined. JSW Steel was the biggest winner among the more heavily traded non-index

stocks with an 18.5% gain. The other non-index stocks to go up included Reliance Capital, RCOM, Chambal Fertilisers, Rushil Decor, VIP Industries, Shriram

Transport Finance and Sesa Goa with gains between 18.1% and 13.5%.
Bata India was a loser among the more heavily traded non-index stocks with a 0.8% loss. Educomp Solutions also lost 0.8%. There were no other significant losers.
INTERMEDIATE TREND
The Sensex and Nifty decisively crossed 16,550 and 4,975, respectively on Tuesday to enter confirmed intermediate uptrends. The CNX Midcap Index still needs to

get past 7,425 to get into one. The new intermediate uptrend started on August 26 when the Sensex bottomed out at 15,766, and the Nifty at 4,720.
The uptrend would end if the indices fall below those levels, but the levels will be raised to the bottom of the next minor correction, after one occurs. A global

intermediate uptrend is also on, with most indices having entered one last week, or a little earlier. The Sensex had been outperforming most global indices since the mini

bull market bottom of February 11 until a month ago. Its relative position has fallen during the last month, but remains among the top third. It should recover some of

that lost ground if it maintains the sort of momentum seen last week.
LONG-TERM TREND
Our market and most global ones are currently in a bear phase, with their indices showing falling intermediate tops and bottoms, besides being well below their 200-day

moving averages. The Sensex would have to go above 19,150 to be in a bull market again. This level will come down to the top of the current intermediate uptrend. The

bear market has been on since April 6, when the Sensex topped out at 19,811 after a twomonth bull phase.
TRADING & INVESTING
STRATEGIES
Investing for the long term is now best done after the next intermediate downtrend develops, and runs for a couple of weeks. Existing portfolios may be held on to. A

decision on moving out of stocks which fell substantially in the last month can be deferred until this intermediate uptrend shows signs of petering out. Stocks in this

category are rising quite rapidly, and better levels can be expected in the near future. Investing in gold and other commodities remains risky.
GLOBAL PERSPECTIVE
Most global markets are in intermediate uptrends now. The Dow would fall into a downtrend if it were to breach 10,922. Most global markets are also in bear phases, as

mentioned above. Virtually all those indices have fallen below their previous intermediate bottoms, and are below their 200-day moving averages as well.
The Sensex lost 8.6% in the 12 months that ended on Tuesday, up four positions to the 26th place among 35 well-known global indices considered for the study.

Indonesia heads the list with a 23.1% gain. Russia, Argentina, Sri Lanka and NASDAQ Composite follow. The Dow Jones Industrial Average has gained 11.4% and the

NASDAQ Composite has gained 15.7% over the same period. (These rankings do not take exchange rate effects into consideration).