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Moneycontrol >> Messageboard >> Market View >> Market Outlook - Short Term
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Market Outlook - Short Term

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21 Aug 2008 11:58

Expect a sharp correction in IT, IT enabled services & tech stocks. Correction continue for next 6-8 months due to asian currency strong signs....

In reply to:

Mkts slip further; SBI, NTPC, HDFC Bank top losers

Posted by : MMB Messenger

Markets have slipped further as selling continued in banking, realty, power, technology, capital goods and oil stocks. Weak Asian cues fueled to negative sentiments. Midcap and small cap stocks also under pressure. Market breadth is weak; about 1193 shares have advanced while 1572 shares declined. Nearly 400 shares are unchanged.

21 Aug 2008 11:47

Today market opened lower and also FIIs, MFs shorted at 10:30 am. This is because they are stuck in oil and want to see jump for exit as hardly 2 days left for posiive crude.
So FIIs shorted market today and ready for temporary crude spike in hat way they can exit crude. I think later half of session market might be headed upwards. Expect strong rebound....

21 Aug 2008 11:47

Markets have slipped further as selling continued in banking, realty, power, technology, capital goods and oil stocks. Weak Asian cues fueled to negative sentiments. Midcap and small cap stocks also under pressure. Market breadth is weak; about 1193 shares have advanced while 1572 shares declined. Nearly 400 shares are unchanged....

21 Aug 2008 11:41

Absolutely... Market wont spare arrogant nuts. He is going to pay heavy price....

In reply to:

Nifty may not see 4000 mark again !!!!

Posted by : Guest

Great remarks from patience who advises people something and then does something else.He was short in the markets and misguided ppl to be long and has conveniently deleted his messages once he found he is wrong .Fuc this bastaard who is misguiding ppl.....

21 Aug 2008 11:23

Great remarks from patience who advises people something and then does something else.He was short in the markets and misguided ppl to be long and has conveniently deleted his messages once he found he is wrong .Fuc this bastaard who is misguiding ppl........

In reply to:

Nifty may not see 4000 mark again !!!!

Posted by : patience

listen kid these numbers u talk about, it doesnt really impress me or affects me... tell those numbers to folks who give a damn!

difference is u r looking at 4310 and i am looking at 5000!

As far as my pants are concerned, then dont worry about them mate..whether they come off or they dont i book profits!

21 Aug 2008 11:17

This is election year dude.........

In reply to:

Will there be another round of petrol, diesel price hike, given oil cos\' losses?

Posted by : MMB Messenger

Dear Boarders,Do let us know your views and opinions on the poll.-MMB Messenger

21 Aug 2008 11:11

Its the part of the game, sometimes profit, sometimes loss...
Yesterday was a pure bait for investors to flock in, Market (nifty) may recover by afternoon, not much but a little.. shorts will get covered a bit, if nifty may even recover 50% of todays fall, but tommorow i guess would be a really bad day if inflation comes above 12.44%
Regards...

In reply to:

Can Nifty sustain above 4600 this week?

Posted by : Karthikn

exited with a loss of 4k... :(

Regards

21 Aug 2008 10:24

Markets will not improve in next 12 months . Slowly slowly it will drift down and may be you will find index below nifty 4000. F2 need money in their own country and thwere is no scope for economy performing well in high interest high inflation high crude prices and depriciating rupee. so forget f2 coming to india in near future...

In reply to:

With Rs 1,800 cr of buying yesterday, has the FII trend turned for the better?

Posted by : MMB Messenger

Dear Boarders,Do let us know your views and opinions on the poll.-MMB Messenger

21 Aug 2008 10:07

exited with a loss of 4k... :(

Regards...

In reply to:

Can Nifty sustain above 4600 this week?

Posted by : inves_t_rader

Hi Karthik,
RNRL was supposed to breach 103.80 today, well it dint happen,even nifty too dint reach 4460, But nifty did manage to climb up as i said, tomorrow nifty may open in green but the run up is not as assured as it was today, Nifty was suppose to hit 4460 range today before shifting back, it dint happen though.... Closing was not bad, so i feel RNRL should breach the 103 level tommorow provided markets remain in the mood as it was today(but i feel todays bait in markets for investors was a little less),be with a strict stop loss as nifty was bound to give a bounce upto 4460 before seeing 4300, But i feel the mood would be good tomorrow, if any crack tomorrow then Nifty will straight head towards 4300 levels, Regarding RNRL, it has been performing good, the sensex and nifty stocks if rallied will take RNRL to 109, but there is one big thing doubting me, that Nifty had to cross 4460, it dint. Keep a Strict SL and play, and to inform you... RNRL has huge long positions built! But still play with a SL for we never know when the directions may change, It shall open in green and surely give you gains, Lets watch it tommorow.
Regards

21 Aug 2008 09:36

The oil prices are cooling globally so no great reason for oil price hike. Also the inflation which is already out of control will burst with another oil price hike and no government can sustain with inflation speeeeeeding north-word....

In reply to:

Will there be another round of petrol, diesel price hike, given oil cos\' losses?

Posted by : MMB Messenger

Dear Boarders,Do let us know your views and opinions on the poll.-MMB Messenger

21 Aug 2008 06:30

Hi HLN,

I have a quote (mesage dt 20Aug.08 by MOD)for you since you had not admitted deletion of messages which were critical of you

Quote
Posted by : MMB Moderator

Dear pradesh,

Your earlier messages were marked offensive by hindlevernet.

-MMB Moderator...
Unquote...

In reply to:

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : hindlevernet

Nobody need to delete any
INSUBSTANTIAL or TENUOUS
messages as they die their
own death as they carry no
weight apart from just noise.

21 Aug 2008 04:49

there is uncertainity in the market as global market \\\\\\\\\\\\\\\\...

In reply to:

Would you buy at current levels?

Posted by : MMB Messenger

Dear Boarders,Do let us know your views and opinions on the poll.-MMB Messenger

20 Aug 2008 23:44
View full thread (4 messages)

Tracked by: 0 Boarder

Dear Guest,

I dnot find any reason to answer you.
I would be more happy to answer you if u will come with your name.

Happy Investing
NO FEAR PORTFOLIO
Manish Kedawat
...

In reply to:

buy 4700 call

Posted by : Guest


4700 call option currently trading @ 7

My Dear frind, we are not going to see 4700 in this month. Dont waste your money, you need to be cautious and alter your \\`NO FEAR PORTFOLIO\\`

20 Aug 2008 23:42

NEWS WATCH Reliance Industries ST: the upside prevails as long as 2113.1 is support
Our pivot point is at 2113.1.

Our preference: the upside prevails as long as 2113.1 is support.

Alternative scenario: the downside breakout of 2113.1 would call for 1927.8 and 1817.1.

Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the stock is trading above both its 20 and 50 day MA (standing respectively at 2235.09 and 2171.8).

Supports and resistances:
2804.6 *
2689.7 **
2574.8
2276.7 last
2187.7
2113.1 **
1927.8 *

for free tips track my messages under 'sunnyprofits'
or view my website

regards
sunny shah
sunnyprofits...

20 Aug 2008 23:36

Icici Bank ST: the upside prevails as long as 588 is support
Our pivot point stands at 588.

Our preference: the upside prevails as long as 588 is support.

Alternative scenario: the downside breakout of 588 would call for 493.2 and 436.9.

Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the stock is trading under its 20 day MA (683.55) but above its 50 day MA (672.16).

Supports and resistances:
965.5 *
904.3 **
843.1
677 last
625.8
588 **
493.2 *

for more free tips and advice please track my messages in this section of the messageboard under 'sunnyprofits' or visit my website

Regards,
Sunny Shah
sunnyprofits...

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