Info for Newbies in Indian Stock market

I have compiled a list of internet sites which can be helpful for all newbies in indian stock market.

www.blonnet.com - Business Daily from THE HINDU
www.bseindia.com - BSE site
www.nseindia.com - NSE site
www.business-standard.com
www.equitymaster.com
www.fxstreet.com - This is for Forex
www.icharts.in - For online charts of scripts traded on NSE and BSE
www.indiainfoline.com
www.investopedia.com - For learning basics to advanced topics
www.investorwords.com - For Financial glossary
www.moneybhai.com
www.moneycontrol.com - For news and lot of daily reading stuff
www.myiris.com - For Sector and stock specific research
www.ndtvprofit.com
www.rupya.com
www.sharekhan.com
www.stunnets.com - For neural network related stock prediction
www.traderji.com - For threads discussing on various things on stock market
www.valuenotes.com - For tips and research

Pass 100%

As per my last post:
I was mainly watching 3 stocks:
Suzlon: Reached target
UTV: Reached target
SAIL: Reached target.

So this makes my report card as 100% pass.
WOW!!! I have never got such good marks even in school :)

Since Market is high, I recommend to be away from market for few days. Within a month or so, it may cool down.

Stocks Update - Aug 05 2007

Report Card Till date:
HDFC Bank - Reached target on 24th Jul 2007
IndiaBulls - Reached target on 17th Jul 2007
IVRCL - Reached target on 3rd July 2007
Reliance Natural Resources - Reached target on 2nd July 2007
SAIL - Revised Information:
Target - 180
DAte - end sep 2007
CMP - 150
%change expected- 20%
Risk - High (8/10)

UTV Software -
Revised Information:
Target - 580
DAte - start oct 2007
CMP - 450
%change expected- 30%
Risk - Very High (9/10)

Suzlon -
Revised Information:
Target - 1450
DAte - end oct 2007
CMP - 1250
%change expected- 16%
Risk - Very High (9/10)

As of Now, 4 stocks have reached their tragets. I have revised targets of 3 stocks. And all 3 of them are highly sensitive stocks. So Be careful.....

Stocks update - July 15, 2007

Initially starting with analysis of stock which were posted on Jun 25,2007


HDFC Bank - Moving towards its target
IndiaBulls - Moving towards its target
IVRCL - Target reached before time
Reliance Natural Resources - Target reached before time
SAIL - Wait and Watch!!
UTV Software - Lets see where this stock goes...

SUZLON:
Target - 1640
DAte - start AUG 2007
CMP - 1470
%change expected- 11.5%
Risk - Medium (6/10)

Lets start...

I have analysed a few stocks and came with following stocks for short term trading based upon Elliot wave mainly and some help of MACD.

HDFC BAnk:
Target - 1250
Date - end Jul 2007
CMP - 1100
%change expected- 13%
Risk - High (8/10)

Indiabulls:
Target - 670
Date - Mid AUG 2007
CMP - 570
% change expected - 17%
Risk - Avg - High (6/10)

IVRCL Infrastructures:
Target - 388
DAte - start AUG 2007
CMP - 360
%change expected - 7%
Risk - Minimum (2/10)


Reliance Natural Resources:
Target - 40
DAte - start AUG 2007
CMP - 35
%change expected - 14%
Risk - Min - Avg (4/10)


SAIL:
Target - 190
DAte - start AUG 2007
CMP - 134
%change expected- 40%
Risk - Very High (9/10)

UTV Software:
Target - 670
Date - mid AUG 2007
CMP -560
% change expected - 17%
Risk - Avg - High (6/10)

Note: I am just sharing this info based on my experience on market. And I am presently not invested in any of the mentioned stocks directly/indirectly.