Market View

Is indian economy collapsing????!!!!

Posted by : marketman

We have been listening indian growth stories for few years.... our financial markets too witnessed the same trend till recently.... our policy makers repeatedly assuring the investors about the strongness of indian economy.... they are saying india is immune to world financial crisis....

But indian financial markets too collapsing along with the global cues.... almost all investors and many corporates are already in deep troubles.... few are doubting at some pvt sector banks for their suspicious behaviour....

We are also part of globe,india is not from any other planet.... this common logic is ignored by our policy makers and talking nonsenses on daily basis to confuse/mislead the indian investors aswell as indian public....

Atleast the chiefs of global economy taking few steps to control the situation,we havnot seen any types of mesures or useful decisions so far in india.... already stock markets fell more than 50% from their peaks within few months.... banks are struggling for survival,many corporates facing liquidty problem,few companies at the threshold of removing employees from payrolls,experts epecting subprime type issues may occur soon in india too.... interestingly indian rupee is weaken much within short span of time....

By seeing/experiencing all these ill effects,even patriotic indians doubting about the situation of economy in the country.... few people asking questions like Is indian economy too collapsing?!

EWT Alert: Downward logical target is near

Posted by : sam_pd

Dear Bull2008,

When everyday some panic news is circulated and few big one eats all the liquidity and cry for help, no body knows what will happen next.let us see how long investor around the world will surrender to sheer manipulation and taken for ride.Few big ones will gather all the wealth from many many small ones.

at last nifty has given 200 points bounce. little stability is more important than this craziness of high volatility.let us hope some sense returns to market and annihilation of investor stops.

Cheers!!

Will the government bite the bullet?

Posted by : Amar Harolikar

Will the government bite the bullet
-----------------------------------

India is following US with a 6 month lag. Fortunately we don`t have the kind of credit crisis that US is facing now .

Nevertheless, growth would be significantly impacted across sectors. GDP to go down to sub 5% levels. Profit hit for nearly all Nifty scrips, with some going into losses.

However., we do have a liquidity crunch similar to the US, though not so bad. Unless the government acts fast, Indian credit markets risk a shutdown and the economy risks going into a recession/ near recession.

US Government stayed on the sidelines for too long. The bailout and the rate cuts should have come around beginning of this year.

Though we have very competent economist at the helm (and I have a great personal regards for them) , still the Indian government is also doing exactly the same thing as the US government did 6 months back - stay on the sidelines , take half hearted measures and provide optimistic sound bytes.

Government to immediately do the following if we are to avoid a recession / near recession (significant slowdown is now certain) :-

Immediate cut in CRR to 6% and to 4% in a months time. Will infuse liquidity. Also cut bank rates by 2% to 7% and SLR by 5% to 20% in a staggered fashion over 4 to 6 weeks.

Unlimited protection of savings in banks for the next two years without limit. Will create confidence for account holders and avoid a run on banks

Increase spending in Infrastructure. To boost incomes, GDP and keep economy in track

Yes, inflation will increase, but a recession/ near recession will be staved of.

Will the government bit the bullet with elections not so far away. US government did not do it 6 months back. Now with its back to the wall, election or no elections , it has just no choice.

SENSEX to rally by 2400 pts in 7 days

Posted by : impatient

Dear Kalidas jee

I seek your opinion on the following if at all you can afford time :

1. Is it OK to buy IFCI at present level (around 25) or to wait for
lower levels

2. United Spirits (previously MACDOWELL) has already come down
drastically to 747 level. Can one sell it now with a view to buying
back at reasonably lower levels ?

3. In your assesment where the SENSEX could bottom out ? Is it likely
to go below 9500 ?

Your assesment and guidance will be of immense help

Thanks and Regards

impatient

EWT Alert: Downward logical target is near

Posted by : Bull 2008

Dear Sam

We may be near the intermediate bottom but the big question is if any of the big assets comes under pressure with might see freefalls once again. Other postive developments are
The Nuke deal too has been signed.
Crude has slipped below the 80$ mark.
Cheers

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : BullSheetRules

Dear d_k,

As you know, I PLAY as per the PLAYers PLAYing the GAME!

Here are some BS views;

It is good to see that this time you have done some HOMEWORK before going for FRESH investments! As mentioned before that RULES of GAME for LT Investors are DIFFERENT!

For those Genuine LT investors, one RULE says that while seeking such Margin of Safety, such Genuine LT investors should BUY within 10% of the bottom and get out within 10% of the top, then there is 80% of the MOVE available for making MONEY! Those BOTTOM and TOP are DECIDED by those BIG PLAYers. This is a safe strategy for those Genuine LT investors who do NOT wish to catch absolute bottom and wish to have that peace of mind while making MONEY in this GAME!
Name of the GAME is to BUY when those BIG PLAYers start their BUYing!

This is also a key reason that I have not started my SHOPPing to build those LT investments as those BIG PLAYers have not started their BUYing activities yet and those BIG PLAYers continue with MAD SELLing.

Currently, only FUNDAMENTAL problem for me now is to identify which industries will lead and prosper once the market start for next bull run! For example: Real estate stocks are DEAD now for all practical reasons from LT investments point of view.

Note: Many BIG PLAYers are also facing the same dilemma of extent of this DIRTY GAME and start going for BUYing mode at Dirt Cheap prices.

Anyway, coming back to your points, let me put different BS points

1. As per current BEARish corrections, Point 5 can lie anywhere between 3690 and 2193.

2. If those BIG PLAYers do not take Nifty above 3700 / 4100 in ST, then expect further DOWNSIDE in this corrections

3. If those BIG PLAYers take Nifty below 2600 or Sensex below 8800, then REAL DEEP BEAR Corrections sets in Indian market for a few months! Otherwise, we can expect revival of BULLish undertones.

For time being, we can assume 8800 / 2600 as LONG TERM Support to start that LT investment in staggered manner!

Just as info: Only if Nifty goes below 2600 or Sensex goes below 8800, then long time correction will set in place for any new BULL run. Let us hope we do not see the extent of that much Dirty Game!

4. In my BS view, This DIRTY GAME was started by those BIG PLAYers on Sep 29 when Nifty went below 3900!

Gud luk & happy investing!

Is indian economy collapsing????!!!!

Posted by : vam_aru

you are right , but why they are including this kind of dingy stocks in F&O , only retailers will be trapped in it..

Is indian economy collapsing????!!!!

Posted by : marketman

Regulators should answer about such volatalities/crashes in short span of time.... instead of barking on media about the strongness of the regulations,the sebi people should look into such matters to protect investors wealth.... 80% loss in one and half day tells the magnitude of hollownes of stock markets....

Is indian economy collapsing????!!!!

Posted by : vam_aru

Today i spotted one more volatility stock, that is Core projects & technologies, on friday it was down around 43 %, and today already 48 % down, Just imagine This is F & O traded scribe, from 300 to 74 in one and a half trading session, Imagine the persons who would have bought at 300 in F&O, and imagine the persons who would have sold the F & O contarct at 300 on friday ( the lot size is 750 ), They would have made 225 * 750 = 170000 rs in one lot...

what a voltility, the stock now is at 74....

one should keep away from this stock, as this might be operator driven like Akruti nirman..