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Sunday, March 7, 2010

ELIOT WAVE STUDY- II

 WAVE CALCULATION

USED FOR PRICE CALCULATION
1) Wave 2 is 0.618 times Wave 1
2) Wave 3 is 1.618 times Wave 1
3) Wave 4 is 0.382 times Wave 3
4) Wave 5 is equal to Wave 1
5) Wave A is 0.382 times Wave 5
6) Wave B is 0.618 times Wave A
7) Wave C is equal to Wave A
 
USED FOR TIME CALCULATION
1) Wave 2 is 0.618 times Wave 1
2) Wave 3 is equal to the sum of time between Wave 1 and Wave 2
3) Wave 4 is 1.382 times Wave 2
4) Wave 5 is 1.382 times Wave 4
5) ABC waves is half in length to 12345 waves
6) Wave A and Wave C are of same time duration.
7) Wave B is 0.618 times Wave A

Tuesday, March 2, 2010

BUTGET EFFECT - STOCK WISE

1. Positive Announcement
Likely To Benefit Scripts

2.Rs. 25,000 Crore Disinvestment
Hind Copper, NMDC

3.RBI Mulling giving banking licences to Pvt.Players & NBFC's
Tata Investment,Rel Capital, Ind.Lease Development, IL&FS

4.Extended Interest subvention for export credit for 1 year
Rajesh Export,S Kumar,Timex,Emmby Poly

5.Recapitalisation of Banks(RRB)
UCO,CBI,Dena,Syndicate

6.Rs. 300 Crore for Agri Inputs
Rungta Irrigation

7.42% higher allocation for Infrastructure
RIIL,GTL Infra,Sobha,Ultratech Cement

8.Increase Allocation for road projects by 13%
IRB infra,RIIL,LT,Ultratech Cement

9.Power Capacity more than double allocation
R Power,JP Power,Suzlon,Websol

10.61% more fund allocation for renewable enerdy development
Websol,Suzlon,JP Power

11.Clean Energy Fund
Websol,Suzlon,JP Power

12.Extended Interest subvention for low cost housing
Sobha,LIC,ICICI,Gruh Fin.,Ind.lease

13.Allocates Rs. 19 Bln for Unique ID project
Geodesic,Bartronics

14.MAT increased to 18% from 15%
All co's paying higher MAT will have negative impact

15.Surcharge Tax reduced to 7.5% from 10%
All co's paying higher ST will have positive impact

16.Rs.16,500 Crore allocation to PSU banks
PSU Banks

17.Rs.400 Crore for Green Eastern States
Rungta Irrigation

18.To Set up more 5 mega food park
Godrej Consumer,Godrej Ind.

19.To provide Facility for storage like cold storage,Cold room
BOC

20.To provide finance of Rs. 25000 Crore in next 3 years for infrastructure
Infrasturcture companies like RIIL,GTL Infra

21.Competitive bidding process for allocation coal blocks
RNRL,Sesagoa,Guj NRE,Electrosteel Casting

22.Solar,Small hydro & micro power projects of Rs. 500 Crore
JP Power,Websol

23.Rs.200 Crore Grant for Knitwear industry
TT,Emmby Poly

24.16% more allocation & state alllocation of Rs.3675 crores for education
Educomp,Everon,Hathway Cable

25.Almost Rs.3000 crore more alllocation for health
Indraprashth Medi,Fortis

26.Rs.66,100 crore provided for Rural Development
Godrej Ind.,Rungta Irrigation,RCF,NFL

27.Cash Allocation for Fertilizer companies
RCF,NFL

28.Rs.48,000 Crore allocated for rural dev.under Bharat Nirman
Sobha,Godrej Ind.,RIIL,GTL Infra

29.Rs.1270 Crore allocated to Rajiv Awas Yojana
Sobha

30.National Skill Development
Educomp,Everon,Hathway Cable

31.Increase Allocation for Defense
BEL,BEML,Ashok Leyland

32.To Encourage R&D of Science & Lab, weighted deduction increased
Anu Lab,Sandu Pharma,Wanbury,Jupitor Bio,Glenmark

33.To Encourage R&D of Statistical Research weighted deduction increased
Crisil

34.Full Exemption from customs duty to refrigeration units
BOC,Whirlpool,Godrej

35.Full Exemption from customs duty to Trailers & Semi Trailers
VST Tillers, M&M

36.Exempt the testing & certification of Agri seed from ST
Kaveri Seed,Advanta

37.Cereals & pulses transportation to be exempt from service tax
Nutraplus Products

38.Solar photovolatic & solar thermal power gen units exempted
Websol,Moser baer

39.Blades for wind energy generators from CED
Suzlon

40.CED reduced to 4% for LED light
MIC Electronics

41Exemption for mobile phone accessories,parts of batter chargers
Spice,Videocon

42.Exemption for medical equipments
Span Diagno

43.Toy Ballons fully exempted from CED
OK play,Hanung Toys

44.Reduction in CED on household type water filter
Ion Exchange,Hind Liver

45.Reduction in CED on corrugated boxes & cartons
Ras propack,Essel Packaging,Karur KCP

46.Partial rollback of excise duty relief on large cars
Negative Impact onM&M,Maruti,Telco

47.No import duty on some equipment in road projects
Guj Appollo Equipments

48.Petroleum products: basic excise duty of 5% crude, 7.5% on diesel & petrol; 10% on other products
RIL,IOC,BPCL,HPCL will impact negatively

49.Real estate sector now gets 5 years for completion instead of 4 years before
Sobha

50.Microwave oven's part exempted
Whirlpool,Godrej

51.Infrastructure Boost
Sobha,RIIL,Ultratech Cement

52.Surcharge Reduction
FMCG like Godrej Ind,Godrej Consumer

53.Hotel Industries
Hotel Leela