HAPPY NEW YEAR - 2011

Fiftypointsaday team wishes all its members, followers, visitors and readers

A HAPPY & HIGHLY SUCCESSFUL NEW YEAR 2011.

kadiyali

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NIFTY TARGET 15000!!!

The bull phase has just been confirmed. The fear of double dip recession has vanished. Indian stock market has entered a new phase of bull run which may extend for next 5 years. Periodical profit taking is just part of any bull run. We may even see some deeper corrections during this bull phase. But all corrections will be promptly bought into, enabling resumption of the uptrend. Hold your investments already made, and to be made from now on for a Nifty Target of 15000. I expect Nifty to touch this target anywhere from Oct 2012 to March 2013. This means the holding period is going to be just another two years. DO FOLLOW MY GOLDEN RULE OF SELLING 50% OF THE HOLDINGS IN ANY SCRIP WHEN THE SAME DOUBLES FROM THE BUY PRICE TO 1) MAKE THE BALANCE ABSOLUTELY FREE, AND 2) RELEASE THE INVESTMENT IN THAT SCRIP TO INVEST IN SOME OTHER PICKS.

FOLLOW THE FOLLOWING:

1. Invest only owned funds, and avoid borrowing for the purpose of investment in stocks.

2. If funds are limited, cultivate pushing a part of the savings every month into equities, and build up a decent portfolio over a period of time.

3. Build up a decent FnO margin out of the holdings of shares invested, and take some selective LONG positions in stock futures. (A detailed write up will follow very soon this week regarding this strategy).

4. Have a diversified Portfolio, and avoid placing all eggs in a single basket.

5. Book profits only applying Golden Rule.

6. No Stop Loss is required for Investment Picks, as well as LONG positions in stock futures.

When Nifty touches its target of 15K, most of my picks will outperform nifty. You can see some of them appreciate even 10 times over a period of 3-5 years.

kadiyali.

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