Santa ♥ StockViz

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Santa Claus, aka Saint Nicholas, is a figure with legendary, mythical,historical and folkloric origins who, in many western cultures, is said to bring gifts to the homes of the good children during the late evening and overnight hours of Christmas Eve, December 24.

Given that overall population grew from 300,000,000 in 1 A.D. to 6,215,000,000 in 2011, that’s a lot of gifts to be bought even though the proportion of good children showed a markedly negative trend during the same period.

How does Santa, with no known source of income and subsisting on a one-in-a-year binge of milk and cookies, afford all those gifts?

Santa must be following our term-specific algorithmically generated equity and option ideas to turn his meager income into a well of wealth.

Santa ♥ StockViz

Gift someone you love a StockViz Demat account today!

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Analysis: NIFTYBEES

Today’s pick is NIFTYBEES – the ETF that tracks the Nifty 50 Index. [stockquote]NIFTYBEES[/stockquote]. After an initial up-trend at the start of this year that lasted till the end of February, the index saw 40-point correction in May. After testing the support at Rs. 480, the ETF got back on its horse and has been trending upwards ever since. The ETF just experienced its 52-week high at Rs. 600 a week ago. In the last three months, the scrip is up 6%.

NIFTYBEES technical analysis chart

Oscillators RSI and CMO are in no man’s land suggesting no particular direction for the ETF.

The MACD line and the signal line are moving close to each other – indicating a lack of any particular direction. However, both long-term and short-term GMMA lines are well spread, giving a bullish sign for the ETF. Also, the 4×9 technical gave a bullish signal for the ETF last week.

NIFTYBEES volatility chart

NIFTYBEES has a historical volatility in the range of 0.2 to 0.35. The scrip’s volatility currently is in the lowest of the range.

To conclude, given these technicals, NIFTYBEES is a short-term BUY. Following the current trend in progress, the scrip is also a long term BUY with a resistance level close to Rs. 600.

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Weekly Recap

NIFTY technical analysis

The NIFTY ended on a negative tone, drifting down -0.56% for the week.
Biggest losers were JPASSOCIAT (-4.73%), CAIRN (-3.90%) and AMBUJACEM (-3.25%).
And the biggest winners were TATASTEEL (+8.49%), HINDALCO (+7.79%) and JINDALSTEL (+5.42%).fii.2012-12-17.2012-12-21
Advancers lead decliners 26 vs 24
Gold: -1.20%, Banks: -0.75%. Infrastructure: -2.12%,
Net FII flows for the week: $824.80 mm (Equity) and $68.43 mm (Debt)

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Buffalo Bill ♥ StockViz

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Buffalo Bill Cody rode on the Pony Express at the age of 14, fought in the American Civil War, served as a scout for the Army… and filed for bankruptcy.

Buffalo Bill as a very successful showman. In 1883 he organized his first Wild West show. He was in a show with real Cowboys and Indians. Buffalo Bill’s Wild West show was a successful show for over 30 years. Over the years the show prospered.

But eventually competition, the need to outspend that competition, and dwindling returns from a public tired of his style of entertainment forced him to merge with his major rival, Pawnee Bill’s Historic Far West and Great Far East Show, in 1909. But the combined show continued to run up debts and was closed by bankruptcy in 1915.

If Buffalo Bill were alive today, he would probably consider us a bunch of pansies, sitting behind workstations all day, punching away at the keyboard. But we are sure he would love us for our decidedly un-showman-like, unbiased and bland advice to quit when your trailing stop loss is triggered!
How are you protecting your profits?

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