DR.VM's Market perception

CENTURYENKA MADE A BREAKOUT AFTER FORMING  A MULTIPLE TOP

WITH HEAVY VOLUME. SUCH FORMATIONS USUALLY LEAD TO POWERFUL BULL RUN. A STOCK TO LOOK FOR INVESTMENT. FUNDAMENTALLY A STRONG SCRIP.

CAN BE PURCHASED ON REACTION.

ANOTHER STOCK SHOWING STRENGTH SIMILAR TO THIS IS VARDHAMAN TEXTILES. 

HAS FORMED A NEW BREAKOUT AFTER MANY YEARS.

ANOTHER STOCK WHICH ALREADY MADE A RUN IS SIYARAM SILK./ARVIND  IS ANOTHER STOCK.

THE TEXTILE STOCKS MAKING NEW TOPS AFTER MANY YEARS MAKE ME FEEL 

THAT THE MARKET IS IN THE THRESHOLD OF A NEW BULL MARKET IN THE 

TEXTILE INDUSTRY. 

INVESTMENT  CAN BE CONSIDERED IN GOOD TEXTILE STOCKS WHICH HAS STRONG FUNDAMENTALS. 

 

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BEST WISHES TO ALL READERS FOR A 

HAPPY AND PROSPEROUS TAMIL NEW YEAR.

Dr.VM

14.4.2015

DR.VM'S MARKET PERCEPTION

ARVIND LTD

Arvind is developing a rounding bottom. If it crosses the previous high of 341 and sustains there will be a  sharp up move. 

Dr.VM

3.3.2015

DR.VM'S MARKET PERCEPTION

SYNTEX  

AFTER FORMING MULTIPLE TOPS DURING THE PAST SEVERAL MONTHS TODAY IT HAS MADE A BREAKOUT AND FORMED A NEW TOP WITH CONSIDERABLE VOLUME.

HENCE THERE IS  A POSSIBILITY OF A SHARP

 UP-WORD MOVE  LIKELY.

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DR.VM

20.1.2015

BEST WISHES 

FOR  A BRIGHT YEAR AHED

HAPPY  PONGAL TO ALL

DR.VM

13.1.2015

BEST WISHES FOR A PROSPEROUS NEW YEAR

DR.VM

31.12.2014

DR.VM'S MARKET PERCEPTION

After a sharp correction the market seems to have stabilized

and trying to advance.Many stocks are giving buy signals. Whether the up move is going to be a sustained one or not - only time can tell.

The following two stocks have given a new up breakout. Both of them are likely to make a short up move.

1.PETRONET LNG

2.GUJ. STATE PETRO

DR.VM

22.12.2014

DR.VM'S MARKET PERCEPTION

NIFTY

THE NIFTY CHART LOOKS LIKE FORMING A PERFECT DOUBLE TOP.

IT CAN BE CONFIRMED BY ITS MOVEMENT ON MONDAY. IF NIFTY STARTS MOVING DOWN THERE IS A POSSIBILITY OF IT REACHING 8200 IS THERE. LONG TERM INVESTORS SHOULD EXERCISE CAUTION.

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DR.VM

5.12.2014