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Market Outlook - Short Term
Tracked by: 110 Boarders
Hello BSR,
Yes, it would have been better to cover shorts today to short at higher levels near 3700 or 3800. That is why I do not hold any shorts today. I was keeping on in reliance capital lot, which Luckily I managed to cover at cost today as it did give an intra day dip below 800 just for a few minutes. Thats when I caught it in the right time. These days we are gettng huge moves intra day, just what the day trader needs, but the volatility can give heart attacks to the weak hearted. Fortunately, there was not much volatility today compared to friday last. take care and all the best.
lovemeall26...
In reply to:
WILL NIFTY HIT 3600 & SENSEX TOUCH 12000
Posted by :
BullSheetRules
Hey lovemeall26,
:) Two days back I went SHORT to mint that money! :)
I did expect some rallies to come as downside was limited to that 3050 values!
I just lighten some SHORT positions to build a few more at higher level.
Will build more tomorrow if the market permits that around 3700! :)
Today, not much PLAY was DONE!
Just read some news here and there to understand the FUNDAMENTAL implications of Nationalisations of banks, liquidity inputs in different markets! :)
YEN DOLLAR ratio is still under 101 and has not improved considerably. :) So I do not expect market all over the world to go UP in Hurry!
Still trying to figure out (Speculate) what could be the BIG JOKER resulting in Deep Bear Corrections all over the world... I have got some idea as of now... but reading those BS news give an hint of the opposite ideas so far! So let us see! :)
Gud luk & happy investing! :) 
Tracked by: 110 Boarders
Hello guest,
Thanks so much for commenting on my perfect targets. It indeed takes a lot of effort, but since I do it for myself on a daily basis, just thought why not my fellow boarders too also benefit from it. As for your long term PF, just about anything can be picked up at present because in the next three years all that you are seeing today will more than double - definately a better return than your bank Fixed deposits.
take care
lovemeall26...
In reply to:
WILL NIFTY HIT 3600 & SENSEX TOUCH 12000
Posted by : Guest
Dear Lovemeall26,
Congrats on perfect targets.Could you share your choice of stocks for long term PF?
Thanks
Tracked by: 110 Boarders
Hello shehnavaz,
It appears you have made a killing on messages posted by Lalit on behalf of somebody else. I also read that you have invested your entire capital in futures on maybe friday and are sitting on huge profits. Well good for you, but be careful as you are playing with fire. I mean really red hot fire. Reckless trading in futures with inadequate capital backup for any margin shortfalls is an extremely dangerous game. Maybe, you got it right this time, but believe me the day it goes wrong, your entire capital can get wiped out. Whatever you may have earned in the whole year can evaporate into this air in just one day. Yes it has happned to many people many times.
Lastly, I usually do not follow calls given by others, not even by my broker. The funny part is people from my brokerage ask me for daily levels. Lol.
take care
lovemeall26...
In reply to:
WILL NIFTY HIT 3600 & SENSEX TOUCH 12000
Posted by :
shehnavaz_bohra
lovemeall26,
It is of great pleasure to read message posted by lalit Deshpandey on Friday. Great confidence.. great call on market it self......
Tracked by: 110 Boarders
:) Yep d_k, TA is just a TOY to understand MONEY Flow into markets.
Since most BIG PLAYers use similar kind of TA systems, it becomes easy for everyone to make that SELL or BUY decision in lazy manner! :)
In this age of internet and related technologies, it is pretty easy for a Smart investors or trader to see those TA themselves instead of relying on any BS experts!
Once that point 5 is clear, that TOY will again come into picture to PLOT new points! and GAME will continue like this forever! :) :) If BIG PLAYers start BUYing at that time, then we can very well expect the START of BULL RUN else we will continue to PLAY in traders zone in this GAME of REAL Money!
Just a BS point: Unlike common Retail investors, those BIG PLAYers do not use 100% Money to build those positions. Most of the time, those BIG PLAYers use Margin money. So that TA helps to understand when those PLAYers will be under HEAVY pressure to BUY or SELL due to those Margin Trigger calls! :) If you look at the market behaviour for last two days, that was more from margin calls! :) That extra liquidity is also added to support those margin calls! :) :)
Anyway, since I PLAY as per the PLAYers PLAYing the GAME, I will again check our favourite Toy TA to see what those BS Big Players are going to do ahead!!
Anyway, if we clear this point 5 and those BIG PLAYers start BUYing, then we can expect the start of BULL RUN now itself! Else Genuine LT Investors should continue to PLAY wait and watch GAME!
I hope you got some idea about TA as a Toy! :)
Gud luk & happy investing! :)...
In reply to:
WILL NIFTY HIT 3600 & SENSEX TOUCH 12000
Posted by :
d_k
Dear BSR,
From your message quote `As per current BEARish corrections, Point 5 can lie anywhere between 3690 and 2193. `
Just one question out of curiosity ;
What will happen after point 5? A three wave correction followed by another 5 wave down? or a three wave correction then sideways trading ans then start of bull run?
As you keep saying TA is a toy , this time I am trying to toy with it.
regards
deepak
Tracked by: 110 Boarders
thanx lovemeal for your kind and genuine reply...yes for short term investors technical charts are powerful tools and I hav faith on your chartistic views about rel infra...its a great company for short term as well long term .
regd saavie...
In reply to:
WILL NIFTY HIT 3600 & SENSEX TOUCH 12000
Posted by : lovemeall26
Hello saavie,
I presume you are refering to my correct analysis given on my homepage two days back as to how I got the rally correct just in the right time. Well out of the three things you have mentioned namely, guess, intuition or inside news, the first two are hugely risky and only the correct type of inside news can be helpful. Unfortunately, I do not use any of the three as I only believe in my charts which definately show me the correct path.
As regards RelInfra, well, it made a nice move today and you must be happy with its performance. For the long term, its definately a buy as me too have bought at more or less the same levels as yours. I intend to buy it further if it sinks below 500 too. But for the short term, it has immediate resistance at 645 and then 702. Keep these figures in mind and then you will know what the power of the charts are. If you are playing for the short term, get out at 700 and re-enter if it crosses 700 again convincingly.
all the best
lovemeall26
Tracked by: 2 Boarders
Dear ibrar3
It seems that you are an experienced man/women. Like you my mind says that it is not possible but my heart desires it. One thing as you said hereafter I am not going to act as per my heart but by my mind
Regards
aahoo...
In reply to:
EXPECT UC IN SENSEX AND NIFTY SHORT TERM
Posted by : ibrar3
dear aahoo...my target was reached. and i am sure that upper circuit in nifty will only be a dream... so think of that..
try to be a smart investor or trader.. dont expect these kind of things to happen... all these are just pull back rallies of this bear market... very soon (may be within next 2 months) this rally will fizzle out and we r going to see below 3000 levels.
dont dream 4500 levels this year.. max it can go in this rally is 3800 to 4000...
i welcome ur comments...
thanks
ibrar.k.
Tracked by: 110 Boarders
Hello saavie,
I presume you are refering to my correct analysis given on my homepage two days back as to how I got the rally correct just in the right time. Well out of the three things you have mentioned namely, guess, intuition or inside news, the first two are hugely risky and only the correct type of inside news can be helpful. Unfortunately, I do not use any of the three as I only believe in my charts which definately show me the correct path.
As regards RelInfra, well, it made a nice move today and you must be happy with its performance. For the long term, its definately a buy as me too have bought at more or less the same levels as yours. I intend to buy it further if it sinks below 500 too. But for the short term, it has immediate resistance at 645 and then 702. Keep these figures in mind and then you will know what the power of the charts are. If you are playing for the short term, get out at 700 and re-enter if it crosses 700 again convincingly.
all the best
lovemeall26...
In reply to:
WILL NIFTY HIT 3600 & SENSEX TOUCH 12000
Posted by :
saavie
hello lovemeal
I read ur views 2 days back , was it a guess,intution or inside news ...I need your views on reliance infra (adag grp) .I purchased it at 584 .... whats the future of this stock ...short term as well long term.
regd saavie
Tracked by: 110 Boarders
Yep, sp.palo...
As expected, instead of fall, rise happened before going for that 10% fall you would like to see to have that optimistic future for 2009! :) :)
Gud luk & happy investing! :)...
In reply to:
WILL NIFTY HIT 3600 & SENSEX TOUCH 12000
Posted by : sp.palo
Exactly BSR,
Apart from TA which is signaling a pullback if markets fall another 10%, i feel optimistic about our markets in 2009.
Let a spark of optimism strike our investors the volumes will also increase gradually. The FII too know that the optimum growth destination is India. Time will settle everything.
The growth story of USI ( United States Of India) is bright.
regards
shakti
Tracked by: 0 Boarder
Today markets have bounced back by 7%, which has been a strong rally but maybe there is a little bit more juice left in this one. Udayan Mukherjee's feels that it is likely that Nifty may go back to 3,700-3,800 level....
Tracked by: 110 Boarders
Sorry again. I did not understand you again... `most`? After a long time, any special reason to make a comment today?
Anyway Thanks!
Gud luk & happy investing! :)...
In reply to:
WILL NIFTY HIT 3600 & SENSEX TOUCH 12000
Posted by : shehnavaz_bohra
I avoid commenting most of the time. market itself replies us most of the time!!!
Thanks for talking to me...
Tracked by: 110 Boarders
Hey lovemeall26,
:) Two days back I went SHORT to mint that money! :)
I did expect some rallies to come as downside was limited to that 3050 values!
I just lighten some SHORT positions to build a few more at higher level.
Will build more tomorrow if the market permits that around 3700! :)
Today, not much PLAY was DONE!
Just read some news here and there to understand the FUNDAMENTAL implications of Nationalisations of banks, liquidity inputs in different markets! :)
YEN DOLLAR ratio is still under 101 and has not improved considerably. :) So I do not expect market all over the world to go UP in Hurry!
Still trying to figure out (Speculate) what could be the BIG JOKER resulting in Deep Bear Corrections all over the world... I have got some idea as of now... but reading those BS news give an hint of the opposite ideas so far! So let us see! :)
Gud luk & happy investing! :)...
In reply to:
WILL NIFTY HIT 3600 & SENSEX TOUCH 12000
Posted by : lovemeall26
Hello BSR,
What a session of rally we had today just like how I had explained on my homepage two days back. I was anticipating this and went long in the morning and made a neat packet in the process. I believe you were short on the nifty, Did you suffer losses or are still holding unto your shorts. Did you notice, nifty closed exactly at my second resistance given at 3490.
lovemeall26
Tracked by: 0 Boarder
Someone tell this dude to retire! He\\\\`s completely off base as usual.......
In reply to:
Mkts to be volatile yet flat today
Posted by : MMB Messenger
The global markets are tepid. The Indian markets maybe volatile yet flat today. The weekend was quite with no major news and there may be a slight bounce in the market today. If there is no bounceback this week things will get worse going forward.
Tracked by: 110 Boarders
if any one tells that nifty will go below 3000 it is mearly a fake statement
if indicies and economy of other countries are not performing well due to their own fault then it does not mean that our`s is also like that our corporate fundamentals are very strong it cann`t be shevered by impect of any other country.
nayan kahar
...
In reply to:
WILL NIFTY HIT 3600 & SENSEX TOUCH 12000
Posted by : radhika_nandlal
Of course shehnavaz bohra,
You have to avoid commenting especially when lalith posts something like this
Quote
Decoupling days were neither swong on , nor does being confirmed by any params.
Unquote
What is swong? what is params?
Dear Lovemeall26,
Congrats on perfect targets.Could you share your choice of stocks for long term PF?
Thanks
...
In reply to:
WILL NIFTY HIT 3600 & SENSEX TOUCH 12000
Posted by : lovemeall26
Hello novice1000,
Many many thanks for your good wishes for my future tradings. I also wish and pray that you execute just the right trades which increases your wealth considerably. I also feel great that you appreciate the posts that I posted in the past few weeks. I am sure it must have come as a great help to those who are new here. Ofcourse the smart like you need not be guided , but for those who are not aware of future movements of markets,my homepage strives to help them out everyday.
Yes since the past one and a half year, I was a pure trader only. But now with stocks available at such mouth watering prices, its hard to resist from becoming an investor too. Hence, I have designated two of my demat accounts just for investments purposes wherein I am building up a great portfolio for my Long term holding. Half of it is already built and the other half is waiting for another big dip. Then I shall just forget about it for the next two to three years and see it build up automatically without any effort.
Anyway, thanks for your good wishes once again and all the best to you too.
lovemeall26
Tracked by: 110 Boarders
hello lovemeal
I read ur views 2 days back , was it a guess,intution or inside news ...I need your views on reliance infra (adag grp) .I purchased it at 584 .... whats the future of this stock ...short term as well long term.
regd saavie...
In reply to:
WILL NIFTY HIT 3600 & SENSEX TOUCH 12000
Posted by : lovemeall26
Hello BSR,
What a session of rally we had today just like how I had explained on my homepage two days back. I was anticipating this and went long in the morning and made a neat packet in the process. I believe you were short on the nifty, Did you suffer losses or are still holding unto your shorts. Did you notice, nifty closed exactly at my second resistance given at 3490.
lovemeall26
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