Tuesday, January 8, 2008

SENSEX JOURNEY @ 21,000

This may not be the quickest or the most exciting of the journey which Sensex has seen to cover this 1,000 mark.

But still there are many good points to take away from – first, if you just see this journey has been covered in 49 days - the journey from 20,000 to 21,000. The journey from 16,000 to 20,000 was covered in only 28 days. We have seen days when 1,000 point was covered in four days. But this is the longest journey which we have seen in terms of covering 1,000 marks for Sensex.

SENSEX @ 21,000
-Sensex covers 16k-20K in 28 days and 20-21k in 28 days

JOURNEY TO 21,000
-20-21K 49 days
-19-20K 11 days
-18-19K 4 days
-17-18K 8 days
-16-17K 5 days
-15-16K 53 days
-14-15K 142 days
-13-14K 27 days
-12-13K 136 days
-11-12K 20 days
-10-11K 30 days

India Flows ($)
FII Cash -45.8 m
FII FNO -4 bn
FII Net -4.05 bn
Total DIIs +4.06 bn
MFs +1.64 bn

Contributors
-Top 4 stocks contribute nearly 85% of 1000 points

Main Contributors
-Reliance (25%)
-Reliance Energy (21%)
-ITC (20%)
-ICICI Bank (19%)

Major Laggards
-Infosys
-Satyam, Bharti
-Tata Steel
-Maruti

Index Performance
-Sensex up 5.1%
-Nifty up 6.5%
-CNX Midcap Index up 28%
-BSE Small-Cap Index up 41%
-FMCG Index up 16%
-Metal Index up 15%
-Bank Index up 14%
-IT Index down 10%
-Auto Index flat

JOURNEY TO 21,000
21000 Jan 8, 2008
20000 Oct 29, 2007
19000 Oct 15, 2007
18000 Oct 9, 2007
17000 Sep 26, 2007
16000 Sep 19, 2007
15000 Jul 6, 2007
14000 Dec 5, 2006
13000 Oct 30, 2006
12000 Apr 20, 2006
11000 Mar 21, 2006
10000 Feb 6, 2006
9000 Nov 28, 2005
8000 Sep 8, 2005
7000 June 20, 2005
6000 Feb 11, 2000

 
DISCLAIMER :Stock trading involves high risk and one can lose Substantial amount of money.The recommendations made herein Do not constitute an offer to sell or solicitation to buy any of the Securities mentioned. No representations can be made that recommendations contained herein will be profitable or they will Not result in losses. Readers using the information contained herein are solely responsible for their actions. The information is obtained from sources deemed to be reliable but is not guaranteed as to accuracy and completeness. The above recommendations are based on technical analysis only