Market Outlook - Short Term

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : pkjattking

Anyways... an Indian who in charge of ..Bailout Head Neel Kashkari:. is speaking.... they have a clip of him on yahoo finance,,,,,,check this guy out...

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : radhika_nandlal

Jatt,

High level meeting between former RBI governors (yes plural) and FM.. lol... they are afraid of GREENSPAN eras clearly. LOL

Second the buzz word, LAF window has propped up in Indian finance circles.. something similar to FED WINDOW... what a laugh. The average middle class and even the poor indian has no clue there is so much turmoil around. He only accepts the sun and the moon as indicators of normalcy coz his daily life is so disrupted here in India anyway. A hungry stomach and Green Span`s mistakes just dont make mix here in India.

Then you see an Arun ramnanthan being asked to do the role of HENRY PAULSON and he is shying away from it all, never before was he asked to face media glare....so a henry paulson parallel here in India calming the investors.

Then ICICI BANK chief speaks so well ur convinced that those rumours were baseless, i know now why ICICI went places.

But to be at peace buy at least one PUT as the above are not NONEVENTS that they are disguised to be. LOL

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : lovemeall26

Hello pradesh,
Just like things seldom escape the hawkish gaze of the eagle (my homepage pic), I also seldom escapse the undertone in the messages to me. Yes I did notice Bhel in your message, but since I dont follow it, I did not want to give levels for something I dont know. Hope you got the point.
lovemeall26

How much more downside do you see for the Sensex?

Posted by : fmcgbites

sensex will get close to 10000 but will not break it in this downward move.

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : radhika_nandlal

Jatt,

High level meeting between former RBI governors (yes plural) and FM.. lol... they are afraid of GREENSPAN eras clearly. LOL

Second the buzz word, LAF window has propped up in Indian finance circles.. something similar to FED WINDOW... what a laugh. The average middle class and even the poor indian has no clue there is so much turmoil around. He only accepts the sun and the moon as indicators of normalcy coz his daily life is so disrupted here in India anyway. A hungry stomach and Green Span`s mistakes just dont make mix here in India.

Then you see an Arun ramnanthan being asked to do the role of HENRY PAULSON and he is shying away from it all, never before was he asked to face media glare....so a henry paulson parallel here in India calming the investors.

Then ICICI BANK chief speaks so well ur convinced that those rumours were baseless, i know now why ICICI went places.

But to be at peace buy at least one PUT as the above are not NONEVENTS that they are disguised to be. LOL

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : Guest

Hi FMCGbites

This guy is not tired of boasting. For some time he was silenced. He forgeting that his knowledge has failed him and umpteen times he has predicted wrong. Some days back, he had said nifty will never go to 3800. Which book he was reading? There no use reading him. He must retire like Ganguli.

This message will be deleted. 101% guaranteed

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : pradesh

Thanks lovemeall for your reply.

I was also expecting suitable level for BHEL. It might have escaped your attention. Never mind..We may talk about that some other time.

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : pkjattking

So far as the Europeans pump money into mkts starting this morning and went to work,,,,,,, Americans have not pumped a single dime ...they are just talking .... no action..... expect they give some aig,,,,,, I think mkts will do fine if they keep there mouth shut mkts will do fine.....lol

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : d_k

Dear novice1000,
You have summed up very nicely.

regards
deepak

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : BullSheetRules

Yeah.. that is a bit strange!...

That continious MAD SELLing by those FIIs give an indication of things to come!

I am still in the mode of figuring out what could be the trigger for Deep Bear Correction if that has to happen at all.

As you know, Nationalisation of banks are not good for Equity Street although may be good for Main Street! Similarly, generating liquidity for stock market is not good in medium term as that shows that there are some inherent problems with equity markets.

I have still some time to figure out that BS Big Joker of the GAME to support all those TA data! Let us see! I expect that such trigger to be PLAYed within 3 weeks (by first week of November) in order to support those technical data and facts :)

Gud luk & happy investing! :)

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : lovemeall26

Hello pradesh,
At present you can go long intra day on all of them for trading as we may see some more upside on them for a day or two more. But get out when nifty nears 3800 levels. If we cross 3800 convincingly, re-enter in them once again for another upmove. Being quick in your trading is the secret of success here at the marekts. If a day trader stops to think even for five seconds, he may miss the bus. Aban I dont think will fall further from here unless there is a market slide again. But for Long term, LT I would buy below 800, and rel petro, below 110 or 100. I have already picked up aban at 1150 for LT.
take care
lovemeall26

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : novice1000

dear ravi,

I didnt get hurt.Just wanted the picture to be more clear for every one.

As far as the erosion in capital is concerned, FM cant do much.This is the result of a global phenomenon and lopsided policies.

When ever excesses happen in markets, even a one percent sell off in equity can create havoc in markets.

During the times of excesses people get stuck on the higher side.When markets start collapsing and reaches the realistic levels, investors who already got driedup stand helpess in markets.

That kind of situation creates momentary demand side vacuum and infinite supply resulting in a free fall.

It is exactly the opposite of excessive liquidity creaing excesses in markets.Liquidity crunch creates some excesses on the down side too.But this doesnt last long.But it doesnt mean that markets witness a full bounce from the bottoms.Bounce can be some 15 to 20% higher from the final bottom and that level will be followed by a long consolidation period.

We are yet to see the bottom.

Hope the picture is clear.

We are here to exhange our views.So you dont need to be sorry.

As of now inaction is the best action for investors with limited risk appetite.

regards

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : BullSheetRules

Yeah.. that is a bit strange!...

That continious MAD SELLing by those FIIs give an indication of things to come!

I am still in the mode of figuring out what could be the trigger for Deep Bear Correction if that has to happen at all.

As you know, Nationalisation of banks are not good for Equity Street although may be good for Main Street! Similarly, generating liquidity for stock market is not good in medium term as that shows that there are some inherent problems with equity markets.

I have still some time to figure out that BS Big Joker of the GAME to support all those TA data! Let us see! I expect that such trigger to be PLAYed within 3 weeks (by first week of November) in order to support those technical data and facts :)

Gud luk & happy investing! :)

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : lovemeall26

Ofcourse BSR,
I am not challenging your trading skills. If you are confident of what you are doing, then surely, gains will come your way. Surprisingly, FII again sold 1060 crores today huh. Sure looks scary.
all the best.
lovemeall26