Im currently working with this count. Lets c where it ends up !!
Recent Comments
manunidhi21 on Onto a new venture piyush on Onto a new venture Jazz on Onto a new venture manunidhi21 on Onto a new venture Jazz on Onto a new venture manunidhi21 on Onto a new venture Jazz on Onto a new venture manunidhi21 on Onto a new venture Ravi on Onto a new venture AAR VEE on Onto a new venture
#1 by piyush on December 14, 2011 - 2:06 pm
jazz gold and silver confuse a lot. now rupee falling gold making highs. fall to good
levels not coming in rupee. how to invest in it ???????
#2 by Jazz on December 15, 2011 - 11:29 am
Yes thts the problem , in dollar terms Gold peeked at 1930$ but since Re’s slide we still at 28000/- in India. Had Re been at 46 we could had seen 25000/- …
quite fast slide to 1550$ in just 3 days !! Its quite possible next year we could see 1000$ or lower
#3 by Jazz on December 15, 2011 - 11:33 am
Mean while I m busy with accumulating stocks , juicy valuations in certain stocks which could turn out black swans !!
#4 by piyush on December 17, 2011 - 1:51 pm
jazz, considering a 1919-1531 388 points, c starts 1803, equal to a, 1.38a, 1.62a 1415, 1268 and 1175. on looking at monthly charts since 2001 there has been a correction longest of 8 months. at 1000 so it looks like a good supt. suppose the market chooses to correct whole of 10 year move then 38% and 50% 1167 and 1069. so ideally one shud start accumlating above 1000 . or i am missing something ??
in silver good supports are at 20 and 15. considering a 49-32, b 32-44, c 1a,1.38a or 1.62a can be 26 (done),20, 15… whole move of 4 to 49.8 38%,50%62% retrace 32.3 done, 26.9 done,21.5. so 20 looks like good levels to get in but no benefit for us due to rupee.
in gold and silver an additional currency risk is also involved which makes investing difficult. atleast it looks like that to me
#5 by Jazz on December 19, 2011 - 11:48 am
That depends on weather its a corrective wave or implusive. If an impulse then gold should take lesser than 3 months to travel all the way down towards 1.3k mark otherwise we have a corrective wave in place. 1500 $ is tough nut as of now…
#6 by piyush on December 17, 2011 - 1:56 pm
jazz please post some stock ideas when u feel like. few large cap ones . investing in small companies requires thorough understanding of their business. i guess u must be maintaining a part of ur portfolio in large caps too.
just lost the link of ur other blog where u posted stock ideas..
#7 by Jazz on December 19, 2011 - 11:44 am
I have a concentrated portfolio,
I hold Cravatex, Delta Corp, Orchid Chem, AK Capital Services, and Piramal Healthcare. Other than Piramal all are small -mid cap stocks. Problem with large cap stocks is that u cant have a PE rerating possibility. So better to invest in a small cap which can become large.
#8 by piyush on December 19, 2011 - 9:09 pm
thanx jazz……….