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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 14:15

No,
Nifty will not see 5k mark so soon, atleast with these triggers, the gains will be lost in a day or two,
USA tried hard to clinch the NSG deal, Reasons:
1.It wants all its industries to supply nuclear equipment to india, it safeguarded its orders, and india will consider giving orders to USA as it tried alot to get the deal done! USA is a cunnong Fox, it wont do anything untill it has a gain in it, so, more than india its a plus point for USA,
Just a news like this is not enough to take nifty to 5k levels,
these gap ups are done so that large institutions and FII\\`s can sell their huge holdings....
this news of NSG deal is positive for the year 2015 and later, it has nothing to do with boosting the economy right now.....
Fundamentally nothing has changed, we are in a bear market and will remain untill March 09, so untill then these kind of gap ups for nothing wont sustain.
Nifty will see 4000 levels in the month of Septmeber.
Regards ...

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 13:49

0810

Yes, dear Osteoporous,quite possible!

Regards,...

In reply to:

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : osteoporous

Dear googol

Could the referee be European markets?!

Regards.

08 Sep 2008 13:49

My guess is that we are going to breach 4570 or atleast touch that in spot price...

In reply to:

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : fmcgbites

what is your guess on nifty for today?

08 Sep 2008 13:45

ICSA India shares extend gains, up 6% on 2.36-bln-rupee order...

08 Sep 2008 13:45

what is your guess on nifty for today?...

In reply to:

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : vam_aru

What is closing price youn guess for NIFTY?

08 Sep 2008 13:43

my guess is 4550+ for today but Target of nifty in September 08 remains same 4725,4850 and then 5020.

5000 on nifty this month....

In reply to:

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : vam_aru

What is closing price youn guess for NIFTY?

08 Sep 2008 13:16

Dear googol

Could the referee be European markets?!

Regards....

In reply to:

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : googol

0802

Dear Eshers,

I have never seen Nifty moving in such a narrow range in the recent past.For the past two hrs it is just between 4500 and 4520 only!
Perhaps like the state in boxing when the two boxers hug each other and wait for the other to release the grip and then referee comes in and separates them.The same thing seems to be happening between Bulls and Bears..LOL

Regards,

08 Sep 2008 12:31

Dear PKK07 I see your point, that is the reason why i still tied in to the ICICI....

In reply to:

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : pkk07

That\\`s an important point. Open your account with a brokerage who are also a banking institution. For some unexplained reason, I \\\\

08 Sep 2008 12:29

I think It shows that it will breach 4570 Today..and more......

In reply to:

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : googol

0802

Dear Eshers,

I have never seen Nifty moving in such a narrow range in the recent past.For the past two hrs it is just between 4500 and 4520 only!
Perhaps like the state in boxing when the two boxers hug each other and wait for the other to release the grip and then referee comes in and separates them.The same thing seems to be happening between Bulls and Bears..LOL

Regards,

08 Sep 2008 12:22

Dear Googol,

LOL.. Yes, Unfortunately its been the case.. We should be glad atleast there is a gap-up or gap-down and then this boring flat day.. We expect the US referee everyday is not the right way to go ..

Cheers...

In reply to:

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : googol

0802

Dear Eshers,

I have never seen Nifty moving in such a narrow range in the recent past.For the past two hrs it is just between 4500 and 4520 only!
Perhaps like the state in boxing when the two boxers hug each other and wait for the other to release the grip and then referee comes in and separates them.The same thing seems to be happening between Bulls and Bears..LOL

Regards,

08 Sep 2008 12:19

0802

Dear Eshers,

I have never seen Nifty moving in such a narrow range in the recent past.For the past two hrs it is just between 4500 and 4520 only!
Perhaps like the state in boxing when the two boxers hug each other and wait for the other to release the grip and then referee comes in and separates them.The same thing seems to be happening between Bulls and Bears..LOL

Regards,...

In reply to:

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : eshers

Thanks dear Googol for your wishes. Looks like it will be one big day today..

Cheers

08 Sep 2008 12:12

RN, Thank you anyway, I think i will live with this ICICI for some more time before i moves with some other brokerage......

In reply to:

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : radhika_nandlal

i message her or place order by phone and i have an account with them... but its confidential information so i cannot share the name besides they are not big time folks.. they are very simple folks.

08 Sep 2008 12:10

radhika,
let me hear what more you want ? you are really lucky to have such a relation helping you financially, socially and emotionally. nice. dont go to any other broker because he will be a breaker of your smooth life. After all, life is not meant for trading only.

regards
shakti...

In reply to:

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : radhika_nandlal

sp palo,

yes and even if i dont have money for a margin trade some day, she pitches in for me plus they do my tax returns and she also keeps me company to watch movies etc.

08 Sep 2008 12:08

That\\`s an important point. Open your account with a brokerage who are also a banking institution. For some unexplained reason, I \\\\...

In reply to:

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : radhika_nandlal

Yes i agree with you, NOTHING like ICICI... BUT they are always down whats the point.. just keep it for checking price of scrips and portfolio but use HDFC for trade....if not take sharekhan... yes pvt nonbanking players have access to our money and their ledgers are not very clear i understand.

08 Sep 2008 12:07

why don\\`t u both talk on phone? is it worth wasting this space?...

In reply to:

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : radhika_nandlal

i message her or place order by phone and i have an account with them... but its confidential information so i cannot share the name besides they are not big time folks.. they are very simple folks.

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