Market View

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : googol

0805

Dear shakti,

The more important question is NOT how far the nifty would go down but when it would start moving up again?If it is three months then we can sit and watch but if it is three years then some action is required immediately.

Good Luck

Capitulation!! Buying Opportunity Galore!!!

Posted by : Surinder Singh

It is reported FII`s sold about 10 bls which caused crash.fii`stotal holding may be many times over.LIC reportdly invested 20k crs witout any relief to market.The rott seems unstoppable.The turmoil in USA/EAUROPE is far serious.When it ends is presently unknown.It is so far subprime.what will happen if defaults occur in loans/corporate bonds is any body`s call.

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : sp.palo

Dear vam_aru,
i agree with you. The journey will go forward leaving many in tears.

But by the time the markets will be up, thousands of small investors will be out of the markets who will never enter again. There is always a limit for patience.

regards
shakti

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : ank1977

It looks like that nifty will touch 3150-3000 level, if it breaks 3400 level. Smart pullback rally is on the card at any time from now. For upside nifty has to cross 3750-3900 level. Sensex has a very good support at 11500-11300. If it breaks 11300 level, it can go down to 10300-9800 level. The sentiment has been not so good bcoz of USA financial crisis. There is nothing wrong with India.

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : hindlevernet

HI vam,

Your observation is right. Dow may collapse to 7800. There
is hardly any rally at even good support levels. These are falling
like house of cards.

I see Nifty hitting 2741 in the month of October.


short sell whenever you feel Nifty is taking rest for 10 minutes.
do not cover for some days even at apparent support levels

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : vam_aru

Dear Knair,

You are right when you are making a journey there might be a little bit delays and some minor or major interuptions, but the journey has to go forward, even the markets pull back but ultimately the direction will be up....

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : vam_aru

Dear HLN,

Look at the Asia indices now, I had a feeling that we will not be having any intermediate rallies but dive down to any level, I think DOW might fall to 7800 if earnings did not provide support there. In that case we will fall to 2500 to 2600 levels...

Where do you see the Nifty bottoming out?

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 : pkk07

Stupid decision of disallowing short selling in US is preventing even a short covering rally from happening. Its a one way down traffic now.

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : hindlevernet

Dear wbbuffett001,

Your ID name does full justice to your stockmarket strategy.
You are among the rare investors who hardly ever lose. Longer
the term, greater is the surety of profit.

I promise to keep on posting my messages here giving long
term turn around points for the market, although exact time
line cannot be given. Analysis of Index values comes accurate
within 1% even in for very long cycles of 10 years and over.
Financial fundamentals and Political situation can delay or
accelarate the targets depending on the type of information
factored in the index values. With fulllest confidence I can
predict 35,500 for DOW JONES which is reeling under sub 10,000
values now. Fincancial fundamentals may accelrate the target
of 35,500 to as early as 2016 or as late as 2025. In depth
study of the past 100 years of Dow enables me to see so clearly
in future.

But there are guys here who even went to extent that I am
BEATING DRUM OF 3600 for the last one year. I would like to tell
them, they are financiall dumb who could not listen to loud
sound of the drum, no wonder they are bleeding now. Those who
did pay attention to my voice and wieghed my arguements in light
of reason, are safe and stil sitting on pile of money.

Never ingore the VOICE OF DISSENT.

Best of Luck

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : googol

0805

Dear shakti,

The more important question is NOT how far the nifty would go down but when it would start moving up again?If it is three months then we can sit and watch but if it is three years then some action is required immediately.

Good Luck

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : knair

Dear HLN,

You proved to be correct when you said that nifty will go down to 3600 and that too when it was at its top level. I appreciate it not becoz it fell but the way you stood with it till now.

I am a believer of law of averages. Technical and fundamental languages I don`t understand well. I follow a path pratically visible. It doesn`t mean you experts are unwelcome. There are more than 6000 stocks are available in the mkt. Millions of people invest in them. Majority of them do not know the language you experts speak. And 70% of them may not be looking into F&O, including me. Khel yahan tho us ka hi hai.

When I say law of averages, I mean ups and downs of the mkt. If it goes up, certainly it is going up from a low, so that the ladder is clearly visible. Moving up is a beautiful sight and everybody enjoys it. We certainly forget the rules here. When the up is standing on an unsound low base, it has to fall. Gravitation is more powerful, so the fall is uncontrollable. And finally we are at low again. We lie down for some time. When the pain is reduced, we start moving. Stagnation is not the sign of life. When flow starts, we will enjoy it again.

In simple, it means that this ups and downs will continue to happen and it is the nature of life. So is the mkt too.

knair

Asian markets plunge; Hang Seng, Nikkei down over 4.5%

Posted by : MMB Messenger

Asian markets were tarding lower. China's Shanghai Composite lost 2.49% or 53.82 points at 2,104.01. Hong Kong's Hang Seng plunged 4.72% or 793.85 points at 16,009.91. Japan's Nikkei tumbled 4.54% or 460.78 points at 9,695.12. Singapore's Straits Times fell 2.97% or 64.58 points at 2,112.97.