Its medium-term target appears to be 11% of 133.5 (life-high) = Rs.14.7.
For more details about how I arrived for that price, carefully read the following: -
The 8-Year Cycle and its implications
The Sensex is assumed to be under a larger 8-year cycle ever since its birth. 1984 was the beginning of 8-year long bull-run till '1992.
The next two important turning points occurred exactly 8 years thereafter, in '1992 and '2000. Both these turning points were marked by stock market scams, because of which the leaders of the rally had extremely difficult time later. For example, ACC, the leading stock of '1992 bull market, remained below its highs till end of '2004. Similarly, the IT stocks, which were leaders of '2000 rally, lost as much as 90% of their top valuations by the year '2003, and most are below their top levels even today.
Last year, we were sitting on this very important cycle, which therefore, threw up similar possibilities.
Remember, every 8 years, market does see a deep cut in valuations. In the previous 8-year cycle top during ‘1992-93, Sensex lost 56% from 4546 to 1980. In the next cycle top, the cut was almost 58% from 6150 in ‘2000 to 2594 in ‘2001. Time-wise, ‘1992 cycle completed the bear phase in 12-16 months, while the ‘2000 cycle took 19 months only to hit the low, which was then followed by 19 months of base formation before bull phase could begin again.
Accordingly, it is targeted sub-10k levels for Sensex price-wise, and a minimum of 13 months into bear phase time-wise. Index achieved the forecast price/time targets.
176. prakashipo Apply Jindal Cotex. This is really a multibagger. Will list minimum @Rs.175-180. This is my challange. Recover losses if any from Raj Oil & enjoy. prakashipo
So finally he accepted that peopls suffered losses in this IPO. U all aware that he suggested to puchase this IPO ......
Apply Jindal Cotex. This is really a multibagger. Will list minimum @Rs.175-180. This is my challange. Recover losses if any from Raj Oil & enjoy. prakashipo.
Baap re, yaha se bhagna padega. ye prakashipo really nihayati ghutiya aadmi hein.. pata nahi kya sikhsha di hein iske maa baap ne. no idea ye kiska bacha hein. bye forever...ye addmi reaaly gund macha raha hein...
ye prakashipo phir tapka. abhi ise kya kare, My friend Vishy, CA NITIN, Bhosale isko hamare kolkatta ke pagal khane me dalu ya mumbaik ke jaslok me dalu, iske valuable suggestion se bach ke rahena. nahi to tum sub barbad ho jaoge. jab bachha ratko rota hai too ma kahti hai , so ja bete (gabbar) nahi prakashipo aa jayega.
Prakash JI, Koi aapke suggestions ko galat nahi bol raha. Positive views and negative views to hone hi chahiye. Actually the problem is AAPKI JUBAAN.you should use respectable language..apun sub yaha bur healthy discussion ke liye hein..we should respect each other. Aap aur baaki sub log apne views do...jinko manna hein vo manenge...jinko nahi...vo bhi unki murzi. but every1 should use good language and respect each other. lado mut yaaro yaha pe...dhung se bat karo...sub acha hi hoga
mr anthony mr dishhhy mr bhonsle raaj oil ke ipo main sabne paisa kamaya agar aap bhav aane par bhi maal nahin bechte hai uske liye koi jimmedar nahin full and firm allotment 800 shares 10-30 baje tak 126 ke average masin 5000 ka return ho gaya aur kya haathi ghora chhahihe , boarders i havenot given any apology see my codi is prakashipo but mr anthony mr jamin have written PRAKASHIPO AND TENDERED APOLOGY AS A MATTER OF FACT I HAV DECIDED THAT I WILL AGAIN COME TO THIS SITE AND GIV U MY VALAUBLE SUGGESTION
Investor be ware. As stock has broken pychological barrier, hence no price can be proteted. Bear can argue why it should not get traded at 3 to 5 PE. Means 30 to 50Rs. level. I am not saying it may reach that, but this is mkt u never know.
Whats the support level for this. I bought at 130. Is the risk getting lower as it has already come down by 30%. If I am exiting now, I must recover the losses through some other stock. I can hold on for say 3 months thinking that company to announce some good news. If you suggest switching which stock is good now?