morning thoughts...
As we have kept on
intimating all the major astrological changes from past many years and all have
been on dot , similarly with god’s grace we have pre intimated this time about
the triangular and sun transit on 14th midnight with nifty targets
of 7500.
When majority of people and
rumours where spread about nifty crashing or seeking lower levels – we gave a
clear verdict that during 2009 people missed the rally and it will be no
different this time as situation is never in favour but one has to make it
favourable according to one’s situation , we have gone with the flow against
the sentiments and used the rally to the maxim to multiply wealth for our
clients – which remains our ultimate motto – preserve capital and multiply
wealth.
Technically the markets are
in uncharted territory , but one must keep in view that markets is a two way
process and it can never rise daily nor it can fall always , one must respect
markets , loss and profit are two faces of markets , stay calm and vigilant.
When taking one-year forward
growth assumptions into picture, the view remains the same. The index's EPS
stands at Rs 1,283. Assuming a 10% and 15% rise in earnings, theSensex is trading at a forward multiple of 17.1 times and
16.34 times respectively.Compared
to the long term average of 16.7 times, the index is fairly valued. There is no
doubt that the earnings growth rates have slowed down in recent years. And for
the Sensex to justify valuations at such levels, earnings growth rates will
need to pick up.
With elections coming to an end, the focus will shift back to fundamentals; earnings growth and earnings quality, in other words.
On a broad level, it all boils down to high expectations from the BJP-led NDA coalition.
And the expectations are quite demanding we must say. Economic revival, more jobs, lesser corruption, quicker governance, no policy paralysis, and large scale reforms - just to name a few.
With elections coming to an end, the focus will shift back to fundamentals; earnings growth and earnings quality, in other words.
On a broad level, it all boils down to high expectations from the BJP-led NDA coalition.
And the expectations are quite demanding we must say. Economic revival, more jobs, lesser corruption, quicker governance, no policy paralysis, and large scale reforms - just to name a few.
Let's take a look at the
internal state of affairs now. Going forward, for an economic recovery, India
will need to boost structural and policy reforms, the list for which is
unending. Announcements will hardly make a difference unless implementation follows.
And India has certainly a poor track record for the latter. The need to build a
consensus for the reforms and multiple stakeholders with conflicting interests
are likely to prolong the process. Given the bureaucratic delays, a quick
execution seems unlikely.
Until then, the investment cycle will be held back, thus restricting the economic growth. Not to mention the issues such as high inflation, twin deficits and quality of assets in the banking system that will need a lot of balancing act even as growth measures are considered.
Until then, the investment cycle will be held back, thus restricting the economic growth. Not to mention the issues such as high inflation, twin deficits and quality of assets in the banking system that will need a lot of balancing act even as growth measures are considered.
There are loads of oppurtunities awaiting in the markets and
remains untapped , for those who dare they win and we believe a big story of
victory and success is yet to be written.
Coming to the commodity markets no much activity is likely in
bullions and it will remain in range with limited movements, same is expected
with energy and base metals.
www.astroeyes.blogspot.in
( ways to win & success )
Past few days have been advance monsoon rain of wealth for us.
Few open option calls which have sky rocketed and manifolded
Dlf 150 ca , idfc 120 ca , lic 300 ca , jp associates 60 ca ,
icici bank 1280 ca , maruti 2000 ca , pfc 220 ca
All our above calls have given 6-7 times returns
Jackpot & Fii calls have not lagged behind…
Bank of baroda – gave 180 rs in 2 days
Dhfl – gave 77 rs in 3 days
Yes bank – gave 98 rs in 3 days
Pfc – gave 67 rs in 3 days
Axis bank - gave
139 rs in 2 days
Advance nifty
predictions have yielded 780 points in nifty and 2500 points in bank nifty in
10 days