Picks for 2009 by Sharekhan brokerage

Sharekhan brokerage has recommended the following stocks as a buy for the year 2009.
(a) Aban Offshore: Target price Rs 4,829
(b) Bharti Airtel: Target price Rs 1,100 
(c) Grasim Industries: Target price Rs 3,002
(d) Hindustan Unilever: Target price Rs 280
(e) ITC: Target price Rs 247
(f) Larsen and Toubro: Target price Rs 3000
(g) Maruti Suzuki: Target price Rs 947
(h) Ranbaxy Laboratories: Target price Rs 625
(i) Satyam Computer Services: Target price Rs 521
(j) Shiv-Vani Oil and Gas Exploration: Target price Rs 725
(k) Sun Pharmaceutical Industries: Target price Rs 1640
(l) Tata Consultancy Services:Target price Rs 1121

Use your own discretion and invest. 

rgds

Vibhas

" How do I benefit the most from this blog?"

This blog is a diary of my thoughts, ideas,analysis of Indian stock markets, economy,charts, price moves,irrationality of the crowd etc etc. It serves me to streamline my thoughts and come to a rational decision for investments. It has prevented lapses due to short term memory and focus. This has been the biggest benefit. Secondly, I have made many friends due to this blog. That is the next benefit. Today this blog has more than 200 posts. So at times I find it difficult to refer back to my old posts. To overcome this issue, I have added the black 'Search this site' box after the posts. One can type in a key word, or a phrase, or a sentence, or a question and select search option for 'readingstockcharts.blogspot.com'. We will then get all the posts related to that topic. For example if I wish to find out about "When do we book profits?", then this phrase inserted and searched for would give us all the articles mentioning this topic. Many readers may be already using this facility. It is a very effective search and one can really benefit the most with it.

Happy reading and earning!

rgds

Vibhas

Reliance chart

Reliance (daily, six months)
Reliance chart is encouraging. If Reliance stands firm and moves beyond 2600 then Nifty would break out of the trading range. Also read ‘Market Volatility’.
rgds
Vibhas

Some Good Posts

1. Why I started this blog?
2. Critical Mass Concept.
3. When do we take profits?
4. Wisdom of Jesse Livermore.
5. Respect momentum.
6. Volatility, Internet, TV and Markets.
7. Information overload
8. Stop Loss.
9. Exit Signals.
10. Do we have different mindsets for FD and equities?

Understanding Technical Indicators

1. When to use technical indictors.
2. Using techincal indicators.
3. Meaning of prices.