Bagavad Gita

“Bound by your own Karma, born out of your nature, deeds which out of delusion you wish not to do, you shall do helplessly against your will” O Kaunteya --Bhagavad Gita - Chap: 18 ; Verse: 60

Saturday, June 7, 2014

Dr.VM'S Market perception

Dr.VM'S Market perception

Indian stock market has lost its reasoning. In my opinion in a short time it has become
extremely over bought. 

After the year 1979/80 I am witnessing a similar kind of market movement.

Though it may be sustaining for a few years - one should be cautious enough to invest only in fundamentally strong scrips. 
Try to invest in stocks that has reached great heights in the previous Bull Run and reacted sharply and available in rock bottom price.

CENTURY TEXTILES

CLICK TO ENLARGE THE CHART


HAPPY INVESTING
INVEST ON REACTIONS

DR.VM
7.6.2014

Friday, March 7, 2014

DR.VM'S MARKET PERCEPTION

NIFTY


TO DAY 7TH MARCH 2014 THE NIFTY HAS MADE A DECISIVE BREAK OUT WITH  FAIRLY HUGE VOLUME. 

IT IS MORE LIKELY THAT THE TREND OF THE MARKET IS CHANGING . MAY BE WE ARE LIKELY TO WITNESS A ROARING BULL MARKET IN YEARS TO COME. PEOPLE ON THE SIDE LINE CAN THINK OF ENTERING THE MARKET ON REACTIONS.

INDIA'S POLITICAL HORIZON IS CLOUDY. MAJOR MOVEMENT OF THE MARKETS DEPENDS ON STABLE GOVERNMENT. HENCE A CAUTIOUS APPROACH IS THE NEED OF THE HOUR.

LONG TERM (8 YEAR) WEEKLY CHART


CLICK THE CHART TO ENLARGE



DR. VM
7.3.2014

Tuesday, March 4, 2014

DR.VM's Market Perception

ARVIND LTD.

IT IS FORMING A NEW BREAKOUT. SHORT TERM / LONG TERM UP MOVE LIKELY.




click to enlarge the chart

DR.VM
4.3.2014

Tuesday, December 31, 2013

NEW YEAR GREETINGS - 2014




Will Be a year with peace , 
Happiness and success, 
may GOD bless you 
Throughout the New Year
DR.VM
31.12.2013

Saturday, November 2, 2013

Dr.VM'S MARKET PECEPTION

NIFTY

On first of November  Sensex  crossed the 2008 high and made a lifetime high. But the Nifty is yet to cross that mark. 

Whenever Nifty crosses 6357 decisively with great volume and sustains it then we can consider the change of trend in the market. It can be confirmed only when it retests the previous high of 6357 and once again starts its up move.

At that point you can see many stocks will start participating in the up move. It is essential to be vigilant for hopping in and out of different stocks.



click on the chart to enlarge

NOTE:  At present we may be at the threshold point of entering in to a long sustained Bull Market.

HAPPY INVESTING
Dr.VM
2.11.2013


Tuesday, October 29, 2013

Dr.VM'S MARKET PERCEPTION

CENTURY ENKA

APPEARS TO BE A TRIANGLE BREAKOUT IN CENTURY ENKA.  CAN BE CONSIDERED FOR LONG TERM INVESTMENT

Click on the chart for enlargement. 



WISHING ALL READERS A HAPPY DEEPAVALI 


Dr VM
29.10.2013

Friday, September 27, 2013

TEXTILE SHARES ARE TURNING AROUND AFTER A LONG TIME ?

DR.VM's  MARKET PERCEPTION

UNEXPECTEDLY MARKETS  HAVE TURNED EXTREMELY BEARISH. 

MANY STOCKS ARE SEARCHING THE BOTTOM. LONG TERM INVESTORS CAN START INVESTING IN VERY SMALL QUANTITIES IN GOOD STOCKS THAT HAS RECEDED FROM GREAT HEIGHTS.

BUT SOME STOCKS ARE MAKING NEW TOPS. SHORT TERM INVESTMENTS CAN BE CONSIDERED IN SUCH STOCKS.

VARDHMAN  TEXTILES.
CLICK TO ENLARGE

HAPPY INVESTING
DR.VM
28.9.2013