Fwd: [nsews] NSEWSPEAK: 210 -NSE Worksheet

From the Host's desk

The site had been updated as usual on the last weekend: (For weekly updates pl do visit)
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	SIGNALS THIS 210th WEEK
	Sunday, May 3, 2009
	There are two each of Buy & Sell signals this week. The market had a correction this week due to the pandemic swine flu, but recovered the very next day. Market as such is moving a bit sideways rather than up for the last two weeks, but these market movements are not a matter of concern for NSEWS as has often been said before. This has resulted in some profit booking opportunity in that  Indorama has almost doubled in value in 7 weeks time, before giving a Sell signal. Volatility as given by NVF has has also increased this week by quite a big margin but is still within manageable levels.
	SKFINDIA  B 174 29 April 2009  (lower price 59.7% in 68 weeks - CAGR 43.1%) ICICIBANK B 444 29 April 2009  (lower price 66.9% in 67 weeks - CAGR 48.8%) INDORAMA  S 29.6 29 April 2009  (incr 91.0%  in 7 weeks - CAGR 12122%) TATASTEEL S 224 29 April 2009  (incr 8.7%  in 5 weeks - CAGR 139%)
	NVF                                         6.08
	Bye and Happy Investing.