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Indian Stock Markets

Indian Stock Markets

http://investorplus.net

A Blog on Indian Stock Markets, Value investing, Stock Picks, Technical Analysis, Fundamental Analysis

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  • Allahabad Bank !!!

    Posted on Tuesday November 17th, 2009 at 08:30 in stock picks

    It seems to be a good buy, with a forward PE ratio of around 4, a dividend yield of around 2% and a price to book of just 1!!! Most of the other public sector banks are in the range of 1.5 Price / book, which means that there is scope for further...

  • Nifty short covering rally!!!

    Posted on Monday November 9th, 2009 at 05:31 in nifty

    I shorted the nifty and the move went wrong!!!Markets went up by 2%, and I think this might be the start of another uptrend, since the speed with which the markets covered up was amazing. So in 3 days we have covered more than 300 points on the nifty...

  • Change of timings!

    Posted on Sunday October 25th, 2009 at 03:56 in nifty

    Sebi has given an ok, to the change of timing of trading on the markets...from current 9:55 a.m to 3:30 p.m to 9:00 a.m to 5.00 p.m (proposed). Hopefully this would help the retail investors to trade with much more ease...good move!You could soon be ...

  • nifty 2009 highs

    Posted on Wednesday October 14th, 2009 at 12:51 in nifty

    Nifty seems to have rebounded well from 4930 odd. What happened on Monday was phenomenal. The markets went down to 4955 and around 1:30 pm, it just burst up. I had shorted the market at 4980, but thankfully I had put a stop loss of 4990, which got tr...

  • Sharp Rebound

    Posted on Tuesday October 6th, 2009 at 12:54 in nifty

    Shorted the nifty at 5030 yesterday, covered it at 4940 (luckily) today. So got around 90 points from Nifty. Now the level of 5070-5090 becomes very very important to see. If Nifty breaks over the 5070-5090 level, then I dont see much of a possibilit...

  • Why you should be cautious in October!!!

    Posted on Saturday October 3rd, 2009 at 01:56 in nifty

    World markets have started to correct and we are precariously hinged on top...doesnt look good.October traditionally has not been favorable in any case & this one doesnt look good anyways....Yest the FII's bought a great amount of money (i think ...

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