>ONGC Technical analysis

ONGC ,Has not participated in this rally yet considerably.Last week
of december may see some rally in this stock.

Chart wise the stock looks good for a rally towards 800 levels.
Any dips in this stock should be a buying opportunity provided
the stock remains above 660.

Trade idea could be
Buy in dips
stop loss 660
Target 780-800.

Read what brokerages houses research says about the stock
ONGC(INDIA BULLS)


RESEARCH REPORTS

>Day Trading in Bear Market

Day trading is something which excites and attracts everyone especially young ones.
Ask any seasoned Trader and he would be of the opinion, Day trading is fascinating
but equally dangerous .It becomes disastrous if the risk is not defined in a particular
trade.

Day trading to many is adrenaline rush,When a particular trade goes their way
Well it turns out to be equally depressing when trade goes against them.

Day trading requires a set of qualities and strict rules which need to be
followed to show fruitful results.

Qualities would include, A trader need to be energetic,Good reflexes and a quick
decision maker and lastly the most important one "Concentration".

These qualities are usually seen in young traders (25-35) age group.

Concentration is something which comes by practice many try meditation to
get a sound concentration.

According to a survey Good day traders are not Doctor's or Engineer's
they are Pilot's.

Fine now different kinds of market requires specific set of tactics to try to break
Them up(To trade).
BEAR market poses the biggest challenge in front of traders.
As in Bear market there is a saying"Expect the unexpected".

Like in
Bull market they say no high is final high.
Bear market slogan is No low is final low:).

So to trade such market Trader need to change his trading style thinking etc
in short he need to transform himself to adapt to the conditions.

Like chameleon does by changing his color according to the background.

First and foremost rule never trade first breakout in a bear market.
The first breakout usually gets sold heavily.

Now here we have two methods Fellow traders can try both and see which one
serves them well:).

Either buy the next breakout or buy the first breakout retrace find a good support
retrace by using Fibonacci.

Secondly never underestimate the Bear market rallies if you cannot trade bear market
rallies avoid trading them, You may end up loosing most of your money what you made
by shorting BEAR market.Shorting BEAR market rally without any study or clues is
like trying to find water digging in desert . Whole 1 year return of a Bull market
can come in one month BEAR rally.

Of course big money is to be made when Bear rally ends.Timing plays an important role
Look for clues ,Chart patterns,Waves etc to come to conclusion.

Lastly the disheartening thing Bear market tends to see failure of many chart patterns
Waves etc which makes it tedious for a trader to find a trade setup out of
cacophony.

More ideas to follow in next post
Do leave comments about your experience about trading Bear market.

Regards
Rish


RESEARCH REPORTS

>INSIDE TRADING 19-12-2008

532351 Aksh Optifibre Ltd. Dr. Kailash S Choudhari 26/11/2008 - 10/12/2008 B 400000 7321906 12.41 532935 Aries Agro Limited, Dr. Jimmy Mirchandani 15/12/2008 B 23822 1785665 13.73 500039 Banco Products (India) Ltd., Vimal K. Patel. 15/12/2008 B 22940 4657196 6.55 512296 Bhagyanagar India Limited Surana Telecom And Power Ltd 07/12/2008 - 15/12/2008 B 146954 485474 0.65 531590 Bilpower Ltd. Suresh Kumar Choudhary. 16/12/2008 B 600 0.00 269705 2.56 532695 Celebrity Fashions Ltd. S Surya Narayanan 16/12/2008 - 17/12/2008 B 2671 40171 0.00 511072 Dewan Housing Finance Corpn. Ltd., M/s Wadhawan Holdings Pvt Ltdq 12/12/2008 B 5704 0.01 3947266 6.52 511072 Dewan Housing Finance Corpn. Ltd., M/s Wadhawan Holdings Pvt Ltd 15/12/2008 B 8863 0.01 3956129 6.54 517380 Igarashi Motors India Ltd. Tree Line Asia Master FD (Sing) Pte Ltd. 15/12/2008 S 270000 1.95 160000 1.15 532175 Infotech Enterprises Ltd. GA Global Investments Ltd. 09/12/2008 B 2724000 4.93 8197777 14.84 500875 ITC Ltd Mr. Anup Singh 12/12/2008 S 11000 192920 532940 J. Kumar Infraprojects Limited Reliance Long Term Equity Fund 10/12/2008 S 22002 0.11 670234 3.23 502937 Kesoram Industries Ltd Smt. Manjushree Khaitan 10/12/2008 B 13657 145719 0.31 502937 Kesoram Industries Ltd Smt. Manjushree Khaitan 11/12/2008 B 13469 159188 0.34 532732 Kewal Kiran Clothing Ltd. Mr. Dinesh P. Jain. 16/12/2008 B 6205 633455 5.14 512559 Kohinoor Foods Ltd Temptation Foods Ltd. 11/12/2008 S 120000 0.45 2630648 9.91 532924 Kolte-Patil Developers Ltd Satish Lal Tandon (HUF). 15/12/2008 - 16/12/2008 B 3000 0.00 3000 0.00 526642 Mirza International Limited Irshad Mirza 26/11/2008 - 10/12/2008 B 62457 6090132 501343 Motor & General Finance (M.G.F.) Lt MGF Services Ltd. -- B 2364 0.01 351378 1.81 515037 Murudeshwar Ceramics Ltd., ICG Q Limited -- S 562555 3.21 1069058 6.11 531157 Organic Coatings Ltd. Rajnikant K. Shah. 12/12/2008 B 15000 0.23 735350 11.02 531349 Panacea Biotec Ltd. First Lucre Partnership Co. 15/12/2008 B 5 414785 0.62 531120 Patel Engineering Ltd Patel Engg. Employee Welfare Trust 16/12/2008 B 5000 3365000 5.63 531120 Patel Engineering Ltd Ms. Sonal Patel 16/12/2008 - 17/12/2008 B 10000 149450 0.23 532884 Refex Refrigerants Ltd T. Anil Jain. 10/12/2008 B 75000 2987680 19.30 526407 Ritesh Properties & Industries Ltd Sanjeev Arora 08/12/2008 S 10220 1805887 15.58 526407 Ritesh Properties & Industries Ltd Sanjeev Arora 10/12/2008 S 50 1805837 15.58 500370 Salora International Limited Shri S R Jiwarajka 29/11/2008 - 03/12/2008 B 3844 0.04 166671 1.89 500370 Salora International Limited Shri S R Jiwarajka 05/12/2008 B 423 167094 1.89 511754 Shalibhadra Finance Ltd. Mrs. Sheetal M Doshi 16/12/2008 B 1 1033461 20.66 532784 Sobha Developers Ltd. Dr. S K Gupta -- B 1500 1935 532784 Sobha Developers Ltd. Mr. N S Raghvan -- B 4000 12400 500404 Sunflag Iron & Steel Co. Ltd., Supra Corporation Ltd 17/12/2008 B 110124 0.06 3237786 1.99 532691 Tulip Telcom Ltd Merrill Lynch Cap Mkts ESPANA SA SV. 12/12/2008 B 400000 1.38 1592804 5.49 532953 V-Guard Industries Ltd. Kochouseph Chittilappilly 12/12/2008 - 15/12/2008 B 15500 6515610 21.83 518051 Vinay Cements Ltd., Mr. Jasmit Singh & Mrs. Jagdish Kaur. 01/10/2008 B 417000 2.21 1274759 6.74 511147 Wall Street Finance Ltd. Reliance Money Express Ltd. 16/12/2008 B 133557 1.15 4142410 35.63

B - Buy

S - Sale

RESEARCH REPORTS

>$50 Billion Fraud: "Bigger Than All the Rest Put Together"

At $50 Billion, it stands alone as the largest investment swindle ever. Other swindles pale in comparison: Charles Ponzi's was $113 million (inflation-adjusted); con artist Lou Pearlman's may have been as high as $500 million; Tom Petters' scheme is alleged to have been $3 billion, but that figure is likely exaggerated.

What's more, even history's biggest single trading losses don't come close: Long-Term Capital Management lost $5.8 billion; and Société Générale earlier this year saw $7.1 billion go up in smoke.

Bernard L. Madoff's alleged investment fraud is going to dwarf them all, and stand in the record books as the con that was "bigger than all the rest put together." In a perverse way, its magnitude makes it worthy of the scope of the economic crisis which brought the scam to light. All Ponzi schemes will keep working until they don't -- that is, until the psychology turns and people start begin withdrawing big-time.

Yet Bernie Madoff had never had a losing year: He "paid 8% to 12%, every year, no matter what." Now more than 30 of his investors believe their losses could exceed $1 billion.

It may be a while before anyone knows how long this scheme has gone on: Madoff has been managing money since 1960. The SEC had received multiple warnings about Madoff beginning in 1992 -- but as the Wall Street Journal said about the SEC, "Each time, it blew its chance." Then again, how hard would you expect them to look at a guy who had actually served on an SEC advisory committee, and had been Chairman of the NASDAQ?

RESEARCH REPORTS