fut
acc t1 1150 t2 1160 sl 1125
beml t1 1280 t2 1293 sl 1253

our portfolio is a diversified mix of long term and short to medium term stocks holdings in 70:20 ratio, which can be altered to 60:30, with balance 10% kept in cash. The portfolio is valued over 10 lacs with every stock in excess of gains of 30% atleast. The aim is to appreciate this to 150% to 200% in value in a year which is very much possible by my technique.

i have my own safe method developed for analysing attractive stocks for buying in very short to medium term that give very good returns in uptrending market.

iam also comfortable in giving calls/ideas for futures as well as options and sometimes trade in nifty and select stocks.

i created this blog for expression of my ideas regarding such short term investment/trading stocks hence the term 'valuetrading' apart from my outlook from technical point of view on indian and world stock market. For short/medium delivery picks i will just give an entry price and later on the exit price, there will no stoplosses unless otherwise mentioned. This feature will not be daily but as and when i feel comfortable.

dow jones industrial average chart...

dow jones chart is looking bearish. everything on the chart is self explanatory. notice the pink circle specially

08th sep 2007 update on my elliot wave count

so as per my expectation the subwave iii-(i) most possibly terminated at 4547.75 and iii-(ii) has opened down. this can go down upto 4339.35 or 4210.60 after which upward wave iii-(iii) will open up targeting atleast 4884.90(max 5222.05) or 4756.15(max 5093) depending upon the degree of correction of of iii-(ii).

so it is advised to buy attractive stocks on declines in the current downmove.

at present iam ruling out 4000 or even 4100 following the given wave structure, as need arises the stucture will have to be changed for changed scenario as of now it is kept intact by me.