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Market Outlook - Short Term
Tracked by: 110 Boarders
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...
In reply to:
WILL NIFTY HIT 3600 & SENSEX TOUCH 12000
Posted by :
BullSheetRules
There are many Bettting strategies, lovemeall26! :)
As a positional trader, GAME is a bit different from a day trader! :)
Looking at current data, I see the Nifty is bound to go to 3100 level sooner or lator. Now it is a matter of time before that happens unless something changes drastically.
FM RBI Sebi can not come on TV on Daily Basis when those Big PLAYers are still continuing their MAD SELLing.. More than the normal accepted 53%...
So, it is NOT like that continue to HOLD same SHORTs forever...
As rallies were expected, first build a LIGHT positions. Just square off those SHORTs immediatly first and Build those same SHORTs at Higher level!
Of course, this can be done if someone is not too GREEDY or Highly Aggressive so as to utilise those GAP DOWN or GAP UP opportunities to make MONEY!! :) For this, patterns need to be checked! Only when a peculiar pattern like famous PUMP and DUMP is BUILT UP against the general data like MAD SELLing by FIIs, then go for SHORTing heavily as that is more a work of Operator than normal traders or investors !
I hope you got some idea!
Gud luk & happy investing! :) 
Tracked by: 110 Boarders
Yes novice1000,
Such newbies who get lured into the instant gains of the stock markets are the actual ones who get wiped out the first due to their reckless trading. I felt, she was treading into dangerous territory and hence wanted to warn her and make her aware of the pitfalls here at the markets. But maybe, she will learn it the hard way, coz it is said when someone tells me something, I will never remember it, but when that person slaps me on the face and tells me that same thing, I will NEVER forget it. Thats the way the world moves. take care
lovemeall26...
In reply to:
WILL NIFTY HIT 3600 & SENSEX TOUCH 12000
Posted by : novice1000
dear lovemeall,
Quote: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.
Unquote:Again the right msg in the right time.This is the time for traders to reduce the market exposure to bearable levels to withstand any unforeseen wild movement in either direction.
regards
Tracked by: 110 Boarders
There are many Bettting strategies, lovemeall26! :)
As a positional trader, GAME is a bit different from a day trader! :)
Looking at current data, I see the Nifty is bound to go to 3100 level sooner or lator. Now it is a matter of time before that happens unless something changes drastically.
FM RBI Sebi can not come on TV on Daily Basis when those Big PLAYers are still continuing their MAD SELLing.. More than the normal accepted 53%...
So, it is NOT like that continue to HOLD same SHORTs forever...
As rallies were expected, first build a LIGHT positions. Just square off those SHORTs immediatly first and Build those same SHORTs at Higher level!
Of course, this can be done if someone is not too GREEDY or Highly Aggressive so as to utilise those GAP DOWN or GAP UP opportunities to make MONEY!! :) For this, patterns need to be checked! Only when a peculiar pattern like famous PUMP and DUMP is BUILT UP against the general data like MAD SELLing by FIIs, then go for SHORTing heavily as that is more a work of Operator than normal traders or investors !
I hope you got some idea!
Gud luk & happy investing! :)...
In reply to:
WILL NIFTY HIT 3600 & SENSEX TOUCH 12000
Posted by : lovemeall26
Hello BSR,
Do you mean , you will hold unto your shorts till nifty hits 4100, thats a bad strategy to play brother. I also used to foolishly do the same thing last year, but now have learnt my lessons well. It is better to get out in small losses and turn your trade into the right flow rather than trading against the flow and waiting helplessly for things to turn and see your capital getting blown up in the air. This is just a suggestion and I am sure you must be knowing how to play your game well. take care
lovemeall26
Tracked by: 110 Boarders
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
...
In reply to:
WILL NIFTY HIT 3600 & SENSEX TOUCH 12000
Posted by : ravipratap61
DEAR friend...-in these time of serious erosion in capital...our ire is directed towards experts who appear on tv channels and the fin min, rbi, sebi...certainly not not for u...sorry if it hurt u . thanks.
Tracked by: 110 Boarders
Hi novice1000,
I am sure you are doing a great job in giving ideas to the gullible ones. Keep it up. God will help you in his own way too. take care
lovemeall26...
In reply to:
WILL NIFTY HIT 3600 & SENSEX TOUCH 12000
Posted by : novice1000
dear lovemeall,
Thankyou for your wishes and kind words.As you rightly said now and also in your earlier msgs, a slow and steady building of a right portfolio can fetch good money in the long term.
It is better if one can stretch the investment period little longer than 3 years before considering any shuffling.
I am basically an investor and not in to trading.And here on MMB only to give some idea about the investment strategies to the gullible ones.
regards
Tracked by: 110 Boarders
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...
In reply to:
WILL NIFTY HIT 3600 & SENSEX TOUCH 12000
Posted by :
pradesh
Hello Lovemeall
Would you suggest the levels at which I should buy BHEL, L&T, Aban and Rel Petro for delivery based trading?
Tracked by: 110 Boarders
Hello BSR,
Do you mean , you will hold unto your shorts till nifty hits 4100, thats a bad strategy to play brother. I also used to foolishly do the same thing last year, but now have learnt my lessons well. It is better to get out in small losses and turn your trade into the right flow rather than trading against the flow and waiting helplessly for things to turn and see your capital getting blown up in the air. This is just a suggestion and I am sure you must be knowing how to play your game well. take care
lovemeall26...
In reply to:
WILL NIFTY HIT 3600 & SENSEX TOUCH 12000
Posted by : BullSheetRules
Thanks for the concern, lovemeall26 :)
Shorts are not MANY at the MOMENT! :) Currently, I do have that risk management in place as I do not expect Nifty to go above 4100 unless something changes drastically this week! :)
If required, will jump to minute to minute basis kind of GAME! :)
Gud luk & happy investing! :)
Tracked by: 110 Boarders
DEAR friend...-in these time of serious erosion in capital...our ire is directed towards experts who appear on tv channels and the fin min, rbi, sebi...certainly not not for u...sorry if it hurt u . thanks....
In reply to:
WILL NIFTY HIT 3600 & SENSEX TOUCH 12000
Posted by : novice1000
dear ravipratap,
I have been telling that problem is severe. Where did i say it is a small problem. I guess you havent read my earlier msgs.
I was just telling pkjatt that even if US is not in recession, in that kind of matured economies, indicies will never move from 9000 to 21000 levels in 2 years.
Hope you got it.
The present crisis is second only to great depression in 1929 and this was known almost from the past one year.
regards
Tracked by: 110 Boarders
dear lovemeall,
Quote: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.
Unquote:Again the right msg in the right time.This is the time for traders to reduce the market exposure to bearable levels to withstand any unforeseen wild movement in either direction.
regards...
In reply to:
WILL NIFTY HIT 3600 & SENSEX TOUCH 12000
Posted by : lovemeall26
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
Tracked by: 110 Boarders
Again interestng data for today:
FIIs still on SELLing MODE!
FII 13-Oct-2008 2864.1 3924.7 -1060.6
DII 13-Oct-2008 1301.06 718.75 582.31
Gud luk & happy investing! :)...
In reply to:
WILL NIFTY HIT 3600 & SENSEX TOUCH 12000
Posted by : BullSheetRules
:) 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! :)
Tracked by: 110 Boarders
dear lovemeall,
Thankyou for your wishes and kind words.As you rightly said now and also in your earlier msgs, a slow and steady building of a right portfolio can fetch good money in the long term.
It is better if one can stretch the investment period little longer than 3 years before considering any shuffling.
I am basically an investor and not in to trading.And here on MMB only to give some idea about the investment strategies to the gullible ones.
regards...
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 Lovemeall
Would you suggest the levels at which I should buy BHEL, L&T, Aban and Rel Petro for delivery based trading?...
In reply to:
WILL NIFTY HIT 3600 & SENSEX TOUCH 12000
Posted by : lovemeall26
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
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.
Here is a verbatim transcript of Udayan Mukherjee`s comments on CNBC TV18. Also see the accompanying video
It is a good afternoon after a long time where last week was horrendous and today we have regained some of that lost ground. Last week down 15% and today up by 7% which is not exactly comparable but still we have reclaimed quite a bit of the lost ground. So back to 3500 Nifty back to more than 11,300 Sensex and same stocks which has dragged us down the ICICI Bank, Suzlon, Sterlite kinds of stocks have all clawed back today.
The breadth has not been bad because of the large gap up and the fact that early in the morning most of the gains happening for the index-very early into trade we were up 500 points. Participation has not been great so volumes are somewhat muted but nothing wrong with the price action today. A pullback was expected and we have had that globally today.
The market believes that globally too there will be more of a pullback. So my feeling was that in the next couple of days we will get a pullback but maybe it could have happened after the global rally but these days we try and preempt what is going to happen in overseas market.
So in anticipation of the rally that will probably pan out in the US, we have had a big rally and that is why people are very reluctant to give up on those positions just yet because all signs are going the way Europe is moving and the extent to which the US has collapsed last week that we could have a fairly powerful pullback rally in the US as well, which might last for a couple of days too. So that is probably the reason why the traders do not want to give up their positions. Yes it has been a strong rally but maybe there is a little bit more juice left in this one. Maybe we go back to the level where we broke down from 3,700-3,800 that is entirely likely.
But I think the big test will come once we get to those-if we are going up in this sharp bear market rally back up to those 12,500 and 3,800 levels those levels whether we can close above that, get above them and stay above those critical levels will be the key one. But a 15-21% kind of rally was always coming given the extent to which we got oversold last week.
-Udayan Mukherjee, Managing Editor,CNBC TV18 ...
Tracked by: 110 Boarders
Thanks for the concern, lovemeall26 :)
Shorts are not MANY at the MOMENT! :) Currently, I do have that risk management in place as I do not expect Nifty to go above 4100 unless something changes drastically this week! :)
If required, will jump to minute to minute basis kind of GAME! :)
Gud luk & happy investing! :)...
In reply to:
WILL NIFTY HIT 3600 & SENSEX TOUCH 12000
Posted by : lovemeall26
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
Tracked by: 110 Boarders
Hello saavie,
The pleasure was mine.
lovemeall26...
In reply to:
WILL NIFTY HIT 3600 & SENSEX TOUCH 12000
Posted by : saavie
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
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