Anirudh Sethi Report

What Happened to ASIAN PAINTS ,ABAN ???

CORE PROJECTS :Last week written to Buy @ 263 …..Yesterday kissed 287

SOBHA :From 354—374 in just 2 sessions.

GMDC :Just see in single session it blasted.

REL.INFRA -REL CAPITAL :As expected zoooomed !

R.MEDIA ,MOSEAR BAER :Sold 75% Holding …..will again buy in decline.

Grab & Forget for 3 Days…..

“Will sell on Monday  or Tuesday “

 Short Term Target :190–195

Thirsty Traders ……..Just watch

178

Once crosses this level with volumes will take to 183 -184 Level

Spurt of Rs.10 or more on card !

-Don’t Panic @ lower levels-

-If u Don’t have Patience ……..Pls Don’t trade -

Disclosure :Our Subscribers are not holding long (But Yes ,Today at opening bell it will be our First mssge to Buy )

Your Stoploss for September Rs.171-170

By Sept End or First Week Oct ,Stock will cross 210-215+

 In Short Run…………Expect Block Deals ,Expect Hot NEWS

One Secret …………..101% will tell to our Subscribers at 8:55

-Chart indicates ….SOMETHING is cooooking-

-Short Sellers …….Try to go short it will be good for Stock-

I will Update more to our Subscribers during trading hrs.

Updated at 6:48/08th September/Baroda/India

Above we highlight the year to date performance of the major stock market indices for 82 countries around the world.  The average year to date change for all 82 countries is 5.39%, while the median change is 2.23%.  The S&P 500’s year to date change of -1.24% is obviously below both of these.  The US currently ranks 53rd out of 82 in terms of 2010 performance.  At the top of the list is Sri Lanka with a 2010 gain of 73.69%.  Bangladesh ranks second at 49.37%, followed by Estonia (41.94%), Ukraine (40.86%), and Latvia (40.26%).

India has been the best performing BRIC country so far this year with a gain of 4.33%.  Russia ranks second at 1.42%, Brazil ranks third at -2.43%, and China is down the most at -18.97%.  Canada is currently the top G7 country with a gain of 3.26%.  Germany and Britain are the other two G7 countries that are up year to date, while Japan is the G7 country that is down the most year to date (-13.58%).  Overall, Bermuda has seen the biggest losses this year with a decline of 38.25%.  Greece is the second worst at -24.56%.

Updated at 10:54/4th Sept/Baroda

The Baltic Dry has plumbed to a fresh 14 month low, continuing its longest drop in 9 years, down for a 33rd sequential day to 1,790 from 1,840. Don’t look for any record numbers out of the China Customs agency or the US trade deficit in the next month.

9th July ,I had updated about Baltic Dry Index …Just click here to read

Updated at 23:35/13th July/Baroda

General Guides:

1. Beware of acting immediately on a widespread public opinion. Even if correct, it will usually delay the move.
2. From a period of dullness and inactivity, watch for and prepare to follow a move in the direction in which volume increases.
3. Limit losses and ride profits, irrespective of all other rules.
4. Light commitments are advisable when market position is not certain. Clearly defined moves are signaled frequently enough to make life interesting and concentration on these moves will prevent unprofitable whip-sawing.
5. Seldom take a position in the direction of an immediately preceding three-day move. Wait for a one-day reversal.
6. Judicious use of stop orders is a valuable aid to profitable trading. Stops may be used to protect profits, to limit losses, and from certain formations such as triangular foci to take positions. Stop orders are apt to be more valuable and less treacherous if used in proper relation the the chart formation.
7. In a market in which upswings are likely to equal or exceed downswings, heavier position should be taken for the upswings for percentage reasons – a decline from 50 to 25 will net only 50% profit, whereas an advance from 25 to 50 will net 100%.
8. In taking a position, price orders are allowable. In closing a position, use market orders.
9. Buy strong-acting, strong-background commodities and sell weak ones, subject to all other rules.
10. Moves in which rails lead or participate strongly are usually more worth following than moves in which rails lag.
11. A study of the capitalization of a company, the degree of activity of an issue, and whether an issue is a lethargic truck horse or a spirited race horse is fully as important as a study of statistical reports.

Technical Guides:

1. A move followed by a sideways range often precedes another move of almost equal extent in the same direction as the original move. Generally, when the second move from the sideways range has run its course, a counter move approaching the sideways range may be expected. Read more…

-If you are hesitating to take a position, that indicates a lack of confidence that is not necessary. Just get into the position and PLACE A STOP. Day Traders lose money in positions everyday. Keep them small. The confidence you need is not in whether or not you are right, the confidence you need is in knowing you will stick to your stop no matter what. Therefore you can actually alleviate this hesitancy to pull the trigger by continually sticking to your stops and reinforcing this behavior.

-You want to own the stock before it breaks out, then sell it to the momentum players after it breaks out. If you buy breakouts, realize that professional day traders are handing off their positions to you in order to test the strength of the trend. They will typically buy it back below the breakout point which is typically where you will set your stop when you buy a breakout. (In case you ever wondered why you get stopped out on a lot of failed breakouts).

-Embracing your opinion leads to financial ruin. When you find yourself rationalizing or justifying a decline by saying things like, “They are just shaking out weak hands here,” or “The market makers are just dropping the bid here,” then you are embracing your opinion. Don’t hang onto a loser. You can always get back in.

-Professional day traders focus on limiting risk and protecting capital. Amateur traders focus on how much money they can make on each trade. Professionals day traders always take money away from amateurs traders.

-In the stock market, heroes get crushed. Averaging down on a losing position is a “heroic move” that is akin to Superman taking a spoonful of Kryptonite. The stock market is not about blind courage. It is about finesse. Don’t be a hero.

Given that it tracks the cost of shipping goods around the world, the Baltic Dry Index is often looked to as a leading indicator of the global economy.  However, if the global economy was anywhere near as volatile as this index, we’d all be a lot more stressed.  While the index is considerably higher today than it was a year ago, it has been on a wild ride.  Following the 49% decline back in the Summer of 2009, the Baltic Dry Index rallied 113.5% before once again falling 44.5% from November through February.  Since then, the index has rallied 51% and is up 8% in the last week alone.

Above is Weekly Chart.

-Above 3745,Looking Hot only.

-Yes ,Heading towards 4137-4267 level.

-Above 4267 level if able to close for 3 days +Weekly close then nonstop rally upto 4661-4791 level…Not ruled out.

Not Today ,But very soon your Blue Channel babes will start doing Bla-Bla about Baltic Index……..!!

Updated at 1:28/17th May/Baroda

– Japan Retail Sales Post 3rd Straight Y/Y Rise; Feb +4.2%
– Japan Mar Retail Auto Sales +19.6% Y/Y Vs Feb Revised +14.8%
– Japan Mar Retail Sales Also Pushed Up By Higher Fuel Prices

TOKYO (MNI) – Japanese retail sales surged 4.7% in March from a year earlier, posting the largest year-on-year gain in 13 years, data from the Ministry of Economy, Trade and Industry released on Wednesday showed.

It was the third straight year-on-year increase after an unrevised rise of 4.2% in February. Read more…

Credit default swaps, especially for sovereign debt, are all the rage again in light of recent worries about default in Greece and other southern European countries.  Below we highlight the current CDS prices for the sovereign debt of a number of countries around the world.  For each country, we highlight where default risk stood at the start of the year as well.  As shown, Portugal has seen the biggest spike in default risk this year with a gain of 145.5%.  France ranks second at 87.7%, followed by Iceland, Germany, and Australia.  Surprisingly, CDS for US debt has spiked 49.4%, which is more than both Dubai and Greece.  (Why they even have CDS for the US and other large developed nations is a different story, and we’re just highlighting where things stand.)  While France, Germany, Australia, and the US have all seen pretty big spikes in default risk this year, they still have the lowest default risk of all the countries highlighted.  Egypt, Lebanon, and Venezuela are the only countries that have seen default risk decline so far in 2010.

It has long been observed, casually, that the trends of hemlines and stock prices appear to be in lock step. Skirt heights rose to mini-skirt brevity in the 1920’s and in the 1960’s, peaking with stock prices both times. Floor length fashions appeared in the 1930’s and 1970’s (the Maxi), bottoming with stock prices. It is not unreasonable to hypothesize that a rise in both hemlines and stock prices reflects a general increase in friskiness and daring among the population, and a decline in both, a decrease. Because skirt lengths have limits (the floor and the upper thigh, respectively), the reaching of a limit would imply that a maximum of positive or negative mood had been achieved

It has been exactly nine months since the S&P 500 bottomed on March 9th at 676.53.  Since then, the index has rallied 62%.  Below we provide a chart of the rolling 9-month change (%) for the S&P 500 going back to 1928.  As shown, 1933 was the only other time when the S&P 500 had a bigger 9-month gain.  The 9-month period ending on May 12th, 1983 is the next best behind the current one with a gain of 60%.  Also, the 9-month 62% gain was preceded by a 9-month decline of 51%.  The only time that the index fell more over a 9-month period was in 1931/32 when it dropped 68%.  It’s easy to forget how crazy things were over the last 18 months, but stats like these provide a staggering refresher.