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    Monday, July 12, 2010

    mkt ahead...12th july 2010...

    nifty positional buy on dips advice was given in initial stages of the current upmove from 4800.

    in the last post the tsl of 5200 given was also held perfectly for the positional short to medium term long positions! thereafter we have seen a further rally 5350 and more.

    how much more?

    once the april 2010 high of 5400 is taken out it can continue upto resistance from 5530 onwards as shown in chart above.

    valuations can start getting expensive in the region i mentioned earlier on my nifty p/e charts .i.e., band between 23-24. on the current upgraded eps that comes to a range 5500-5730.

    the caveat is valuations is not by itself a reason to completely sell/exit from positions and miss a leftover rally, say in any euphoric situations, which is not seen yet happening now.

    Posted by abhay r somkuwar at 12:36 PM

    8 comments:

    altaf said...

    abhaysir, where can i get p/b and dividend yild of NSE stocks.when ever u get time please provide me link.some time back u had given achart that is very use ful for investment.thank alot for your help

    July 12, 2010 at 10:07 PM
    altaf said...

    abhaysir, where can i get p/b and dividend yild of NSE stocks.when ever u get time please provide me link.some time back u had given achart that is very use ful for investment.thank alot for your help

    July 12, 2010 at 10:07 PM
    abhay r somkuwar said...

    hi altaf,
    good to know ur interested in fundamental analysis of stock mkts. well u can get the p/e, p/b, bv and many data in research reports or sites of brokerages. else can get it readymade from indiaearnings or moneycontrol or religare sites. however i guess no one provides historical data of the ratios for public download. one can calculate manually if know mkt cap and net profit of a company. however p/e or p/bv valuations not enough but its comparisons with its peers in the industry/sector and projected growth vis-a-vis peers will be of additional help in deciding whether its a value buy or not at that point of time.

    hope that helps.

    regards.
    -abhay r somkuwar.

    July 13, 2010 at 11:41 AM
    Sujatha said...

    Abhay, what happened to your blog in the mid??? it was showing "blog is for invitees" only.

    Oops. i am tired of searching your email id, fed up.. not getting hence, just opened forum to ask "KPL", just a flash.. once again checked.. now it's OK. Thanks.

    Regards

    PS : Please send me ur id to my ID if you are going to do anything like that. thanks in advance.

    July 16, 2010 at 5:52 PM
    abhay r somkuwar said...

    nothing much...i want to make a few changes, not yet implemented though...might close it for some more days perhaps

    abhay_somkuwar@hotmail.com

    regards

    July 17, 2010 at 11:55 AM
    N Ram said...

    abhay how r yu

    how is the trading yu i hope yu remember my nifty calls send me e-mail niftysparks@gmail.com sethu

    July 17, 2010 at 8:19 PM
    Ashish said...

    Update required aby...........

    July 21, 2010 at 1:03 AM
    abhay r somkuwar said...

    ya, in the next post ashish!

    July 21, 2010 at 5:19 PM

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