Market Outlook - Short Term

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : pkjattking

Hahaha lol.... Houston is town in America where aerospace headquarters are located..... don`t you know ?

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : radhika_nandlal

HLN,

Your target given one year back has been hit now.

However did u buy Nifty PE one year back when u began this thread.. at what rate, what strike and how much profits you have now on at least one lot could u tell me.. i am not asking for all detalis.. just on one lot of nifty kindly share the details. Thanks.

Paulson`s Poison & Antidote

Posted by : Kalidas

for slowhand22

Is liquidity in Indian market affected. it should not. Interest rates are very high now, so RBI has lot of leeway to reduce the interest rates.

Banking collapse has started already, this is what I was forecasting from 12 months onwards. US is heading towards Civil War, and I will not be surprised if national emergency is declared and election postponed.


Solution is already there, but the US Administration did not listen to me or respond to my letter. As I have stated before, I am the only person in the world who has solution to US problem. I am not boasting or not telling you out of ego. Whatever actions taken by Paulson and Bernanke are terribly wrong. They are printing their way out of the problem.

If they had listened to me earlier, they would have prevented all these collapses, in fact there could have been massive rally. I will release the letter at appropriate time.

Now that the situation has come out of hand, the solution will be more curative rather than preventive. it will hurt almost all, regardless of your country.

India will emerge strongest in the world. I am only worried about Rupee policy of the RBI and Government. They know that it has not worked for over 60 years, and they are still following the beaten path.

In India, most banks are nationalized, so there should not be any problem in Inter-bank lending. Nothing may happen to India, unless the Indian officials become super charged and panicky in which case they will hurt the nation. This is more likely to happen, if past is the indication.

Inflation is no longer a problem now - there is no money in the market. The present problem is liquidity. Indian government has most powerful tools in its armoury. The rates are inordinately high at about 10% for deposits. Even if the rates are progressively reduced by 5% in small steps of 0.5% for next 16 months, (0.5% per 2 months)

Further, next step will be to lower the taxation rate. These are all bullish scenario being set up by the present crisis. To be quite honest, I am super bullish at Indian prospect, but that time has to wait. You have to be stock specific.

A few months ago, I had asked for investing into HPCL (came down to 180), BPCL (came down to 230) when the Index was near 15000 or about. Today, the market is down to below 11000 or by about 35%, and the same stocks are up by 35% to 50% in less than 4 months.

At that time, there were many who were comparing Reliance (RPL) as best buy which was at about 172 to 192. Now it is at Rs 132, down 25%.

This is the difference between my recommendations and others blind loyalty to Ambanis, Tata, Birla, etc. I never attach myself to any stock, and allow my self to be conducted by the sheer logic and dispassionate analysis of any scrip or market.

Perhaps I am the only one today, who is superbullish about the Indian market, and you will see that in coming days.

Kalidas, Hong Kong
6-10-2008

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : Karthikn

Am amazed to see congratulations pouring in for 3600 seen in nifty after alomost 1 year of prediction. Height of Sarcasm, for sure, from those who congratulated.
Can somebody please start a new Thread "Nifty 5200 Sensex 17000". I am all prepared to congratulate that thread..Of course.. after 2 years...haha..lol
Not a single soul expected 3600 to be broken today.. including the cretor of the thread and of course all those who shamelessly gave their congratulations as am sure none of them took overnight positions expecting 3600 on monday..Some where I feel its too insane all around.lolol

Regards

sensex 11960 now

Posted by : zoombusiness

Sir,
More new low level on the way.

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : radhika_nandlal

Jatt,

What is houston

You mean whitney Houston?

Why u keep saying houston in so many posts?

Paulson`s Poison & Antidote

Posted by : Kalidas

for drswastik

Banking collapse has begun. Even Japan has started withdrawing money from everywhere, this is why Japanese Yen despite Zero interest, is going up against US$, Euro, GBP, Aussie $ etc.

It is a home coming of all currencies. All foreign investments of FII will be liquidated either out of strategy, or requirements of funds redemption back home. It has nothing to do with the fundamental of individual companies.

When the banks collapse, the people will shift the money to treasury bonds. When they find that even treasury is useless, they buy only one thing - GOLD

WHERE IS IMF? Have you heard its name in such humongous crisis? Whenever there was crisis in Asia or Latin America, they were rushing here and there and offering many solutions on stringent terms. Now that their original mentor USA is in deep trouble, they do not utter even a single sentence.

Finally, after these currency and banks collapse, the world monetary system will be linked to Gold as standard. It may happen when the current crisis is fully played out.

Almost all troubled banks are nationalized. The only countries to come out strongly will be India (China too), France and Brazil.

India is very strongly positioned. It is least leveraged, almost all banks are already nationalized, so there will be no run on the banks, has over 30,000 tons of gold with private holders, people are now more literate now, and the country is blessed with well defined friendly weather. There is no better place than India. Most NRIs will start sending money to India from their banks (except perhaps Canada). If only RBI does not intervene to keep the rupee low, which is the most hazardous policy over decades - rupee should have been at Rs 26 now - that is biggest disincentive to NRIs

We can not predict the market even for tomorrow, so do not talk about 2010 and 2011 like an Astrologer.

Yes, one thing, The best opportunities for long term investment is coming in a few months. Brace it for that. If some FII withdraws the money from India that causes the loss of hundreds of points, that is more due to his weakness, or requirements back home, rather than the weakness of Indian economy.

It all depends how imaginative our PM and FM are. Being a good person is not enough. India needs leadership of highly imaginative persons who are relatively young (40+ to 55-) who can stay longer. We should not have leaders for whom we would have national holidays in a few years with flags hanging out at half mast.

Kalidas, Hong Kong`
6-10-2008

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : hindlevernet

Dear vam,

I am keeping very close eye on dow. It is crashing down to
the range seen 25 October 2004 ( Monday ) when it touched
9660 on that day. So 9738, the lowest of today so far seems
to be excellent support for Dow. If it maintains the level
of 9600 today and for next few days, then we may hope for
recovery from this point onward.

At what Nifty level will you invest fresh money?

Posted by : MMB Messenger

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

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : BullSheetRules

Dear pkjattking,

It looks like that DOW has given ENOUGH jitters to different market PLAYers to do something! :)

Those Media headlines are as of now on the expected lines! :) :)

Tomorrow, if one see Nifty around 3450-3500 level, then perform some TA to build a part of LT investoments! Perform that TA on weekly charts! :)

Daily charts are useful for Traders, weekly charts are useful for LT investors! :)

Let us hope better SENSE prevails among those BIG Players! :)

Let us hope for the best! :)

Gud luk & happy investing! :)

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : pkjattking

Boos shall I phone Houston and tell them the train has stopped.... n plz prepare for a rocket....jut kidin

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : pkjattking

Boos shall I phone Houston and tell them the train has stopped.... n plz prepare for a rocket....jut kidin

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : vam_aru

Dear BSR,

Seems like DOW had taken a minor support at 3775 , and now quickly moved to 9890, let`s see where it cosing today, today`s closing is important for us...

At what Nifty level will you invest fresh money?

Posted by : MMB Messenger

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

At what Nifty level will you invest fresh money?

Posted by : MMB Messenger

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