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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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08 Sep 2008 18:42

Yes you are rite, I normally try to log through different servers if there is problem but nothing seems to b working there last nite...I have high speed internet....still could not do it....I could imagine people with slow connection....must been having problems even getting the site on screen...... not good.........

In reply to:

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : gv

Hi pkjattking,
Yes, you are right the ICICI direct service getting poorer
I found one way to get to the site in times is to log in to icici bank and use the link,most times worked for me
I visited their Chennai office the other day,almost empty and the available ones are sitting in the dark no power/no back up
Is it cost cutting?
Regds
GV

08 Sep 2008 18:40

Yes, these NSG weaver can lift nifty upto 5000 level. It was a time when there was not a single positive cue in the market, nowadays u can c not a singel negative cue/news in the market. Hope that nifty rally upto 5000 level. All the best to investors that trapped in the market since january 2008, can book there profit in higher market....

In reply to:

Can the current triggers drive the Nifty up to 5000 levels?

Posted by : MMB Messenger

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

08 Sep 2008 18:38

Jatt,

Why dont you put it out in the cananda local punjabi daily if there is one.. i have often told teh bangalore guys to take up their deficiency to the media and make an issue of it.....i told them i dont mind dressing up in rags and posing for the attention hungry media... i can tell them ICICI DIRECT is responsible for my riches to rags story.... you should create a sensation about them with some media preferably NDTV... coz only they can produce melodrama with the TAIN TAIN TAIN background music... couple of you should show ur zero balance account statements coz of icicidirect and some women should dress up in rags and pose for the media......

In reply to:

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : pkjattking

Thet must change there name to idontc idontc ......lol ... what a bunch monkeys .....

08 Sep 2008 18:28

Thet must change there name to idontc idontc ......lol ... what a bunch monkeys ........

In reply to:

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : radhika_nandlal

So all employees are busy with icicidirect... haaaaaaaa.. so what a mockery of employment when all they want is to trade... LOL

08 Sep 2008 18:27

Hi pkjattking,
Yes, you are right the ICICI direct service getting poorer
I found one way to get to the site in times is to log in to icici bank and use the link,most times worked for me
I visited their Chennai office the other day,almost empty and the available ones are sitting in the dark no power/no back up
Is it cost cutting?
Regds
GV...

In reply to:

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : pkjattking

bloody icici kept me logged out n I could not make a single trade last night... so i just went to bed....lol.... anyways portfolio is up but I could have taken some cream off the table. n rotated a few shares...I guess icici is not fare to its customers.... I guess they were blocking people to buy I guess...........

08 Sep 2008 18:24

An interesting data for today!

FIIs did a small BUYing. Looks like Lehman did not SELL anything major today! :)

FII 08-Sep-2008 3155.98 2902.55 253.43

DII 08-Sep-2008 805.68 938.3 -132.62

I just wish Nifty to cross 4650+ in order to take any new positions! :)

Gud luk & happy investing! :)...

In reply to:

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : BullSheetRules

YEN DOLLAR ratio is moving well 108.5+ from low of around 106...

Gud days for equity market ahead!

I just wish Nifty to cross 4650+ for better days ahead!

Gud luk & happy investing! :)

08 Sep 2008 18:14

So all employees are busy with icicidirect... haaaaaaaa.. so what a mockery of employment when all they want is to trade... LOL...

In reply to:

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : pkjattking

bloody icici kept me logged out n I could not make a single trade last night... so i just went to bed....lol.... anyways portfolio is up but I could have taken some cream off the table. n rotated a few shares...I guess icici is not fare to its customers.... I guess they were blocking people to buy I guess...........

08 Sep 2008 18:07

Dear nadhi,

This refers to your msg to GOOGOL dt 3rd sept.

I have been in the process of shifting from Bangalore to Gulbarga and could not look at the stock mkt and msg board for about a month.

I fully agree with you that the pundits would appear with buy recom.after sensex crosses 18K. They would be sending mad buy calls if it goes up further. When it comes down and if it hits 10K, they would be begging each and everybody to get out. We know why!

But we learnt our lessons also, may be after burning our fingers.

After seeing the up and down several times, I have come to one conclusion. The mkt can see 10K or 20K or 30K or vice-versa. The nature of mkt is cyclical. In my marketing life of near about 30 yrs, I visited all over India a number of times and met lakhs of dealers, merchants and traders. I experienced the cyclical changes several times. Although I have been in textile line, I have close contacts with other business people. In addition to that I have also seen how my sons experienced frustration and musthy in the software job mkt when the up and down cycle chased them. During my marketing period, I was able to dispose of even the worst material at a better price when the mkt was bullish and faced unpalatable complaints for thecream of products when the mkt went through bearish trends. Although I entered into stock mkt after my retirement and that too due to the pressure of my son to keep me occupied, (altogether a new field), I found the basic funda remained as the same.

If anybody says that the mkt would touch 10K again, it doesn`t surprise me. It is possible. It can go up to 40K also (here no time period can be specified). The only debating point is whether the pundits those who talk about 12K and 18K when they see a small hulchhal in the mkt is realistic or not. But, I may repeat that we know things better than them now and the mkt is not going to stand at its own feet at least for a few more months. Don`t ask me how many months-here itself lies the hidden secret of the mkt which nobody knows yet.

I made lot of mistakes in the stock mkt and therefore I would like to reveal that I am not an expert in this field.

Hope you will bear with my untimely interruption.

with regards,

knair ...

In reply to:

See Sensex bottom at 10,000-12,500 levels: Shankar Sharma

Posted by : nadhi

Dear googol,

Your message made me to look at the other ones like JKLakshmi. The list is toooo looooong. Then selling while the market is down and buying when it is up is what majority of the retailers have been doing for long. The market touched 12500 twice and the analysts were advising to sell at those times. Now they advise to wait for 12500 again. This is not a new thing that happens here alone. I repeat again and again that this tremor will make a lot of retailers driven away from the market. The pundits will advise a buy only at 18000 so that the biggies will play another game. It is a pity that a few analysts talking sense are not prefered by media.

regards

nadhi

08 Sep 2008 17:53

bloody icici kept me logged out n I could not make a single trade last night... so i just went to bed....lol.... anyways portfolio is up but I could have taken some cream off the table. n rotated a few shares...I guess icici is not fare to its customers.... I guess they were blocking people to buy I guess..............

In reply to:

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : radhika_nandlal

But with NSG, GLOBAL CUES and stabilizing inflation we cannot scale beyond 180 points on nifty, so tomorrow will we really rally if dow rallies today... dow might rally first half but may not second half as the bail out for fannie and freddie also means they are so fragile. Anyway i will but one put tomorrow.. just bought one today.

08 Sep 2008 17:39

Hi,

Whats your take on Nify for the coming week. Do you feel whether it has the potential to test 4700 levels?

Regards...

In reply to:

Can Nifty sustain above 4600 this week?

Posted by : Nish

Rally on tuesday was overdone.
Market should broadly remain sideways between 4200-4600. Thursday can see a fall esp with NSG jitters, Asian/Europian markets falling continously, US rally fizzling out (relating to collapse of a hedge fund).

08 Sep 2008 17:38

Hello pradesh,
Thanks so much for the compliments showered upon me. Yes a healthy mind does help a person to becoming a better human being and also helps in my trading too. Yes I do share a love and hate relationship with HLN, but will never hit under the belt come whatever may.
I still give him credit for warning us so early in this bull run and due to this I have till now not lost a single penny in my delivery trades done from last year,whatever little I did. All my losses are in FO, because I have recovered my entire losses in options in the past two months. His warnings have kept me aloof from buying any stocks for long term. Although I did pick up quite a lot at 3850 levels, I got rid of them at 4250 levels in good profits. I have set aside a nice amount for picking up delivery stocks for long term, but am waiting for an opportune time to do it. But this time, I am definately keeping it for Long term as this could be the last slide down followed by and upsurge.
thanks once again and happy trading.
lovemeall26...

In reply to:

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : pradesh

Hallo lovemeall26,

so its sometimes hate and many times love relationship..then its really good.. Most important thing about you, i find, is that you have a healthy mind.. Regards

08 Sep 2008 17:17

Hello DU sir,
If I can be of service for you regards the nifty, you are always welcome sir. You yourself have contributed immensely and selflessly to this board I know since a long time, and it would be my pleasure if I can be of help to you too.
I am well aware of your technically analytical skills in stock trading and know very well that you are very successful in your own way of trading. I wish you further success in the coming years. I myself follow oversold and overbought stocks on the RSI scale and it surely helps a lot.
regards
lovemeall26...

In reply to:

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : DUstocks


Hi lovemeal126, thanks for a thourough response to a rather casual post of mine ! Surely hallmark of a good and observant trader !!

Yes, I did think of studying NIFTY in depth, but RN's readily available TRIN assistance was preferred for the purpose by lazy ME.

These days I'm more into trading on the basis of RSI (Relative Strength Index) and MSI (Market Sentiment Index, coined by me, a combination of Put/Call ratio + individual stock sentiment + trading volumes) and results have been spectacular to say the least.

On the basis of RSI (OVERSOLD) I got into ACC + GRASIM + IDBI + ABAN + SBIN + BHEL + Finantech and scored very well in multi-lot futures trading. On the basis of MSI I got into Larsen (bonus) + SesaGoa (bonus/split) + Educomp (sheer OPERATORS' PLAY) and scored equally emphatically.

On the basis of OVERSOLD or OVERBOUGHT RSI I take swing positions, whereas exclusively day-trading positions are taken on the basis of MSI. Hope the success trend continues. If ever I need to fall back upon NIFTY bare-bones, I will definitely bother you and/or RN (MD). Regards, DU.

08 Sep 2008 17:03

Many Investor lost their money in Share market....

In reply to:

Can the current triggers drive the Nifty up to 5000 levels?

Posted by : MMB Messenger

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

08 Sep 2008 16:46

I do not think that current triggers can drive the Nifty upto 5000 levels....

In reply to:

Can the current triggers drive the Nifty up to 5000 levels?

Posted by : MMB Messenger

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

08 Sep 2008 16:46
View full thread (38 messages)

Tracked by: 1 Boarder

Dear Kotaksir,

Please do not write this way. I RESPECT YOU alongWITH Many other boarders. PLEASE do not go to low level. Some people challange you.Do not look to them...

In reply to:

bounce back tommorow

Posted by : KotakInvestment

Dear and sweet Radhikajiji,

I hope you have watched all of my calls.
I know you do not trust me.... hence, you must have not
traded on any of my calls. Now just check statistics of your profits.

Particularly on my OPTION CALLS......
You can never imagine such profits anywhere in the world.
You can track my DAILY NEWS LETTER sent to members and to few yahoo groups after 10.15.......

We Once booked profits in NIFTY CE- 4600-4700-4800 more than 100 % ( On thursday ) Again Bought on Friday.

Again booked 90-95% profits in all Option Calls on Nifty!!!!!!!!

Some data if you do not get boared!!!!!!!!!!!!!!!!!

all calls rocking Nifty Option calls 200 % profits....Ek KA DOUBLE....08--Sept-2008
____________

11.30...........

Reliance Capital BTST 6 % up Book Profits.
ICICI BANK 7 % up Bok Profits.
BTST and morning buy NIFTY CE- 4500/4600/4700/4800 all are 88-90 % up book profits!!!!!!!!!!!!!!!!!!!!!!!!! It is also our BTST Call to members ( Bought on FRIDAY)....

KOTAK INVESTMENTS : WE ARE HOLDING BTST CALLS NIFTY STRIKE ( BTST )4600/4700/4800 and added today morning.( News leter.... ) ALL ARE 80-90 % Up.. Book Profits....

We bought on wednesday.. Booked profits 95-100 % on Thursday and again bought on Friday closing!!!!



Total 200 % PROFITS already in ALL Nifty Calls...

__________________________________________
Rolta..7 % up......
NTPC.... 7 % up....
BHEL ...6 % up..

GREAT PROFITS... CHEERS.....

S KOTAK

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