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 records
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 317th WEEK | | |
| Sat, May 21 , 2011 | | |
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| This week there are one Buy and five Sell signals. Looks to be very bad times. The market is fluctuating aimlessly for the last 6 months. And NSEWS is yet to get a good gain since the beginning of this financial year. For a medium term investor, unless he is going also short on equities, it would have been comparatively a bad time. When even silver can fall by almost 25% in a week, these are very uncertain times. No asset class looks very safe including Gold, which may right now be on a bubble. NVF has come down to ultra low levels & is negative, which normally indicates that market will move upwards from here, but nothing is sure or certain. And NSEWS signals indicate Nifty is still bearish. | | |
| | Stock | Signal | Price | Date | Gain | | ASIANPAIN | B | 2822 | 20 May 2011 | | | DRREDDY | S | 1615 | 20 May 2011 | | | HINDPETRO | S | 363 | 20 May 2011 | (incr -7.5% in 2 weeks - CAGR -87%) | | IOC | S | 322 | 20 May 2011 | (incr -7.9% in 2 weeks - CAGR -88%) | | ORCL | S | 34.6 | 20 May 2011 | | | TATACHEM | S | 362 | 20 May 2011 | | | | |
| NVF : -1.11 | | |
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| Bye and Happy Investing. | | |
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