Muses of Murari

Update : The chart at end of July 8th.   IndusInd Bank scrip making interesting moves…. Cup & Handle pattern.   Disclaimer: This is my study sharing. This is not to be considered as any kind of trading recommendation.

[Read more →]

It looks like the flavor of the season is to accept & agree on a single idea – ‘Indian economy slowdown’. Recession in Indian lexicon is totally no-no. So says the elite economists. May be true. Prices are high. Inflation is high. Real Estate companies like DLF are selling lands to throw meatballs to investors [...]

[Read more →]

SKS announced Q4 and FY 11 results The Company has posted a loss after tax of Rs (697.685) million for the quarter ended March 31, 2011 as compared to profit after tax of Rs 628.930 million for the quarter ended March 31, 2010. Total Income has decreased from Rs 3044.938 million for the quarter ended [...]

[Read more →]

SKS scrip fell from all time high of 1490 last September to 640 today. That’s huge sell off amid all bad PR & negative developments – AP govt policy changes, alleged farmer suicides, CEO firing, promoter’s divorce and looming political intervention. Can we take a contrarian position? Hope one can after further deeper cut. I [...]

[Read more →]

As expected, market indices reached peak during muhurat trading. So what next? People talking about 25k Sensex levels!! What if 25k levels taken by end of this year! Then people would come up with some other target levels. Is market too much heated? Few people say yes. We are looking everywhere to get consensus opinion [...]

[Read more →]

The most popular IPO in recent times had a fantastic listing yesterday. 40 % gain on the first day. There are hundreds of articles about this company, its IPO and market comments swirling around on internet. Let me not burden you with one more! Anyone tracking the market or listening to the market news, knows [...]

[Read more →]

A listed company called Navin Fluorine is involved in chemical & refrigerant manufacturing business. More than its operational activities, people including me, got interested in its carbon credits story. The carbon credits are earned by the company from UNFCCC. And in turn it sells them in carbon market for huge premium. The company earns credits [...]

[Read more →]

Well, for those tracking stock market closely, this post might be ‘duh duh’. I like try my amateur hand on this. Comments welcome. It’s so true. Well, I am not talking about “buy on rumors and sell on news” stuff. It’s about how the stock price moves and people make opinions for the price moves. [...]

[Read more →]

It’s been roller coaster ride since mid January, when I made a blunder of my-life proportions. From then on, I was searching many financial blogs looking for answers why markets were tanking. I was told Obama’s tough talk, Greece debt were culprits. Few technical experts on indicators like Elliott waves, GANN charts, Fibonacci levels were [...]

[Read more →]

Today is a big day for me. I am writing this for my own reference. As well as I want to share with the world. I’m a stock market learner. I’m very much in learning mode and I’ve started investing in good fundamental companies for long term capital appreciation and of course for dividend money. [...]

[Read more →]