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Moneycontrol >> Messageboard >> Market View >> Market Outlook - Short Term
   You are here :     Moneycontrol     MMB   Market View   Market Outlook - Short Term

Market Outlook - Short Term

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22 Nov 2008 22:12

the problem of global recession is much more grave than evident,world economy is in jeopardy,precautionary steps taken by america are not enough,industries are facing production cuts and staff reduction,soon the spiralling effect will cause banks to show negative growth,when us japan and china are gasping,one cannot be proud of indian economy,let our pm and fm make big statements,they know very well that we are not an insulated economy,in fact we are heavily dependent for our earning on our export,what will happen if other countries plagued with recession stop importing our goods or services,we are definitely going to stumble,and those days are not far away,when stockprices will go below their face value,because no fii wiill come to buy in large quantities in big groups,the golden days are over and the world will see a nioticeable change in international politics,us playing less important role ,our markets are definitely going down steadily and certainly,no artificial and external measures can stop the erosion...

In reply to:

Will the market hold above Oct lows till expiry?

Posted by : MMB Messenger

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

22 Nov 2008 22:11

Dear pk,
there is hardly any difference between the two.
Both are unbearable. lol

regards
shakti...

In reply to:

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : pkjattking

Here is another video to watch on you tube..... check out.....(((Bear Market! . . . Bare Ladies!))))...... this is good one.......

22 Nov 2008 22:04

yea lovemeall.
I understand your bonding with the markets and i frankly wish this bond to get stronger with time. At the height of infatuation, everything seems secondary. I too love visiting your home page.LOL..

I would love to ask you a personal question which you are free not to answer. Which software you use for your TA ?

regards and take good care of yourself
shakti...

In reply to:

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : lovemeall26

Hello sp.palo,
I liked the term you used - trade addiction.Perhaps you are correct as my wife also says the same. But I am very happy to be totally immersed in stocks. To be totally infatuated with something gives that feeling of bondness. I hope you understand what I mean.
Anyway, yes I do use japanese candlestick patterns which are very useful indeed. This is combined with various other tools. Many people use different tools which come in hundreds. It depends on which tool one is most comfortable with. The tools I use , I mostly mention in messages while giving the nifty levels. Take care
lovemeall26

22 Nov 2008 21:47

Dear,

Thanks for your alert! All the messages with heading "ICICIDIRECT not working" have been deleted from the MMB.

Rgds,...

In reply to:

WILL NIFTY + SENSEX = 10001...?

Posted by : vkk43

I find that your message posted about no. of demat accounts one can open has been deleted by somebody so also my reply given to you. This is just for your information.

22 Nov 2008 21:09

I find that your message posted about no. of demat accounts one can open has been deleted by somebody so also my reply given to you. This is just for your information....

In reply to:

WILL NIFTY + SENSEX = 10001...?

Posted by : my_money

How far market will move in this pull back rally?

Thanks in advance for your response!

Rgds,

22 Nov 2008 20:00

Here is another video to watch on you tube..... check out.....(((Bear Market! . . . Bare Ladies!))))...... this is good one..........

In reply to:

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : Nish

As I was watching the `freak bear` video, every now and then the bear was getting replaced by Shankar Sharma.

22 Nov 2008 19:55

Hello sp.palo,
I liked the term you used - trade addiction.Perhaps you are correct as my wife also says the same. But I am very happy to be totally immersed in stocks. To be totally infatuated with something gives that feeling of bondness. I hope you understand what I mean.
Anyway, yes I do use japanese candlestick patterns which are very useful indeed. This is combined with various other tools. Many people use different tools which come in hundreds. It depends on which tool one is most comfortable with. The tools I use , I mostly mention in messages while giving the nifty levels. Take care
lovemeall26...

In reply to:

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : sp.palo

Dear lovemeall,
Good Evening. Keep your good work going.
You are suffering from TA ( Trade Addiction ). TA is really interesting and infectious. What trend oscillators you believe in and do you work on candle stick patterns ?

regards
shakti

22 Nov 2008 19:38

My advice for all boarders is not to invest in F&O stocks for some time. A cartel is manipulating these stocks to earn heavy profits due to poor volumes and poor sentiments. Views are welcome....

22 Nov 2008 19:34

HLN sir ,

Thanks sir. That is a nice strategy to go with....

In reply to:

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : hindlevernet

Dear coolboy,

You had been given right advice. Book profit in
Nifty call options as soon as Nifty approaches 2770
on Monday or Tuesday and then book profit in Nifty
Put Options when it falls from the resistace of 2795
or so to the level below 2500, I think.

Your bread seems to be buttered on both sides. Pl.
refer to my booklet GOLDPOT frequnetly. It is better
to keep its hard copy with you when you are not near
your computer. It will help.

Best of luck

SURESH MITTAL

22 Nov 2008 19:26

pal, it is not about the thread, but the replies that go thro nd forth, which continue the thread , finally ending in discussions with no relevance to the tread ( oops, intially perhaps the subject matter is discussed )

Cheers. ....

In reply to:

It happens only here

Posted by : alokvarshney52

It is amazing to see the body matter having no relation with the subject on the various forums/mesageboards on this site. the most popular example is "will nifty reach 3600 and sensex 12000". Everybody is writing so many things except about the burning suject under this thread. most of the boarders are very intelligent and expert, I think, therefore I expect them to take a serious note of it. Different matter should be written with a proper subject....

22 Nov 2008 19:11

It is amazing to see the body matter having no relation with the subject on the various forums/mesageboards on this site. the most popular example is "will nifty reach 3600 and sensex 12000". Everybody is writing so many things except about the burning suject under this thread. most of the boarders are very intelligent and expert, I think, therefore I expect them to take a serious note of it. Different matter should be written with a proper subject....
...

22 Nov 2008 19:10

Some typos in the prev message so posting again:

Hi lovemeall,

On Nifty weekly charts, we still have not fallen below the previous october lows. If we close the coming week higher, then we would have made a higher bottom on the long term trend chart. Also previous high was 3000 so if we close the week above that or next week above that we would have made a higher top as well. Does this signify the bear market bottom is in place?

Note: I am using end of week (EOW) values only...

In reply to:

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : lovemeall26

Hello BSR,
Long time no write ?.Let me butt in. Do not underestimate the power of short covering. No doubts, 2865 is strong resistance, but once above it, we may see 3050 too. Please do not short right now. Btw, my homepage has been updated for monday. take care
lovemeall26

22 Nov 2008 19:10

HeyBSR
Seems that you are green for DOW and red for NIFTY. Nifty may kiss 3000 and dow above 8500.

Regards

Bond...

In reply to:

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : lovemeall26

Hello BSR,
Long time no write ?.Let me butt in. Do not underestimate the power of short covering. No doubts, 2865 is strong resistance, but once above it, we may see 3050 too. Please do not short right now. Btw, my homepage has been updated for monday. take care
lovemeall26

22 Nov 2008 19:10

It is amazing to see the body matter having no relation with the subject on the various forums/mesageboards on this site. the most popular example is "will nifty reach 3600 and sensex 12000". Everybody is writing so many things except about the burning suject under this thread. most of the boarders are very intelligent and expert, I think, therefore I expect them to take a serious note of it. Different matter should be written with a proper subject....

22 Nov 2008 19:08

Hi lovemeall,

On Nifty weekly charts, we still have not fallen below the previous bottom. If we close the coming week higher, then we would have made a higher top on the long term trend chart. Also previous high was 3000 so if we close the week above that or next week above that we would have made a higher top as well. Does this signify the bear market bottom is in place?

Note: I am using end of week (EOW) values only...

In reply to:

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : lovemeall26

Hello BSR,
Long time no write ?.Let me butt in. Do not underestimate the power of short covering. No doubts, 2865 is strong resistance, but once above it, we may see 3050 too. Please do not short right now. Btw, my homepage has been updated for monday. take care
lovemeall26

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