Jan 7, 2011

Premarket View - 07.01.2011

Option reading index (-) 0.97 rise from last trading figure of (+) 1.60 indicative of buying interest coming.  257 points rise with volatility increasing suggests swings up to 2 std deviation levels.




2 comments:

Neo said...

HI ganesh, saw your posting , really fantastic . ur spot on . Keep going.
RGDS
Swapnil

A J said...

Hi Sri
I do visit your blog quite often specially from OJN2
Earlier you wrote about fundamentals now more technical posts.Cool

I have also started to apply fundamentals.The reason I am not very optimistic about investing at this stage is valuation and interest rate cycle turning up with the rise in commodity prices.Big question is when will US start to increase the interest rate?.So till the time we have money flowing from US we can move up.Lets see,I am constantly looking for stocks and adding at a regular intervals regardless of what US does or where commodity prices go. Atleast that's the plan for now and working on it thesedays,apart from usual bread and butter index trades.

Forget cherry picking....don't you think it's better to pick onions? :))
Keep up the good work
Cheers mate :)