Dear MALAYALI,
That is a very honest disclosure. You win respect only when you let others know in advance.
rgds
deepak...

ha..ha... ha....LOL.... good one....

dear friend,
In my experience of last three years trading with ICICI Direct I have not found much trouble with it. In fact it is very easy to work with its user interface. It may not be suitable for professionals but for beginners it is one of the easiest.
Elliot wave analysis provided by its analyst Vivek Patil is one of the best in the country.
regards
deepak...

dear snvaish,
I just happened to visit your homepage.I am pleasantly surprised by the trading plan you have given. Simple, elegant and with clear enry - exit instructions.

regards
deepak
...

dear pradesh,

HAPPY DIWALI

Woh subah kabhi to aayegi.....

regards

deepak...

Nifty has a very remote possibility of touching 1350 and very very remote possibility of touching 850.
Below this is almost impossibe.Corresponding figure for sensex is about 2950. This is the level where sensex was for about 8 years from 1994 till 2003. Although 2950 on sensex looks laughable but don`t forget year 2000 or 1995 was not that long ago.
Kindly notice I am not saying that these are our next levels.On the contrary I am very optimistic about levels not falling any more.
I personally feel present level is quite attractive.A nifty future can now have a maximum loss of 130,000(theoretical figure only).Whereas expected profit is far more attractive.

I WISH A VERY HAPPY DIWALI TO ALL BOARDERS.

regards
deepak
...

dear hsnmf,
Quite an appropriate question in these times.Nifty has a very remote possibility of touching 1350 and very very remote possibility of touching 850.
Below this is almost impossibe.Corresponding figure for sensex is about 2950. This is the level where sensex was for about 8 years from 1994 till 2003. Although 2950 on sensex looks laughable but don`t forget year 2000 or 1995 was not that long ago.

regards
deepak...

Dear d_k That small exchange of thoughts has given me an opportunity to wish you a happy and prosperous Diwali.. Let that world which is made better by better people become a reality.. I liked those five words by you.....

Dear friend, When the market is south bound any number for the indices up to zero can be predicted and similarly during its north bound journey any number up to infinity can be predicted. Good Luck...

dear d_k, Yeah i fully agree with that and i got the underlying msg when i saw it first time itself. This is what i tried to tell HLN also, when he was predicting a figure of 7300 for Nifty in the next calendar year itself. HLN`s prediction of 6000-7300(levels) in next calendar year may turn out to be true for sensex instead of Nifty. regards ...

dear d_k, I very well remember your post.Though i dont want to talk about the final bottom which is going to be a one day affair somewhere in the next calendar year, i can say that what you said is correct from a over all perspective. We will be entering in to prolonged consolidation period. regards...