Sunday, March 22, 2009

[nsews] NSEWSPEAK: 204 -NSE Worksheet


From the Host's desk

The site had been updated as usual on the last weekend: (For weekly updates pl do visit)
NSEWS

The updates here are just mentioned for the record

Check the stocks live here:
OPEN SIGNALS LIVE

Any messages may continue to be send to this group as before. If you have any comments,
pl write in the NSEWS yahoo/google group.

For the universe of stocks being monitored by
NSEWS visit: NSEWS TABLE

SIGNALS THIS 204th WEEK

Sunday, Mar 22, 2009

There are 3 Buy signals this week. Gold vs Rupee did not confirm the Sell signals and is still on the uptrend.

Volatility, or NVF has come down still further and has reached the lowest values as seen in 2008 or as in the middle of 2007. The spurt in Buy signals and the low NVF tells us that the market is proceeding to start on an uptrend, but is at the present confined to certain stocks. Biocon which had lost in value by 80% from the time NSEWS had given a sell signal on 11th Jan 2008, has now given a Buy Signal.

You can check here how we have performed so far at : 

Open Signals & Earlier Signals

 

ONGC      B 726 20 March 2009 (lower price 24.7% in 23 weeks - CAGR 64.7%)
BIOCON    B 114 20 March 2009 (lower price 80.1% in 62 weeks - CAGR 63.8%)
PETRONET  B 37.1 20 March 2009 (lower price 65.9% in 62 weeks - CAGR 52.9%)

                                                  NVF                                       2.94

Bye and Happy Investing.
 


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