Nifty Next- Bulls May March Ahead

1. VIX drops by -3.70% to 21.43 on 01 Oct 2010. Investors are confidence now.

2. Huge FII Inflow in 2010 in equity market (INR 89115.70 Cr)

3. Nifty is Trading at PE-25.54

4. Auto  Sales are on Fast Tract.(Dow Theory supports that for a secular Bull Run.Auto Sector must    have to Out-Perform)

5. GDP growth Figure set to rise @ 9.0%.(Thanks to new series of WPI,Base year changed to 2004-2005)

6.  Goldman  Sachs rasied  Indian economic Growth Forecast.

7. Micro-Finance Institutions are tapping the Capital Markets, will boost Rural India.(ITC,  Micro Max-Mobile Co-Yet to List, Home appliances will be the most gainer)

Visit www.niftynext.com for best Nifty Trading Tips. Call # 880 2230 836.

When To Enter And Exit Trades-Using Clear method-by Ron Black

Clear method, a way to determine the direction of short-term price swings. The method identifies the direction of the current price swing and the precise day the swing direction changes. It requires no calculation and has no delay. It is applicable to all stocks, commodities, and indexes in any time frame.

We saw how, unlike most technical indicators, the Clear method does not use the open or the close for its analysis. Instead, it uses the range of the daily price bar as the measure of price uncertainty. I looked at how price bars are simplified distributions. Since prices are distributed, we consider the price to be different only if the two distributions (price bars) do not overlap; the bars must be “clear” of one another.

Movement of the price bar
Figure 1 shows the Clear method in action, showing the up swings, down swings, and the “clears” that define the changes in direction. In this article, I will look at how the method defines the only three things price can do: move in the direction of the swing, not move, and reverse swing direction. When the price is not moving, there is noise. I will take a brief look at the noise percentage as a measure of continuous directionality. Finally, I will look at a way you can use noise to decide when to enter and exit trades.

Mukesh Ambani to be World’s Richest in 2014

The Fobres Magazine has forcasted in its recent Report “What Happens Next-Our Outlook Ahead” that Indian Bussiness Tycoon Mukesh Ambani could be the richest man on Earth in 2014.
What It Means for Reliance Industries Share Price- Reliance Industiries is now Quoting at 958 INR per Share on NSE. If we consider the above report and goes for Valuation of RIL by 2014, It must be quoting around 3500-3900 by 2014 or another instance of Stocks-Splits or Bonous may be considered by the RIL Board by 2014-2015.
So having RIL shares around 960 INR will be a wisefull decision for the Target of 3500-3900 over 3 years.