No it will not, you will be caught on a wrong foot if you assume so....

A mother of all bear market rallies is in the offing that would rip the hearts out of the current shorts in the system :)...

Well whosoever has some money to buy now should do it now without looking at support levels. At these levels I put market orders rather than limit orders. Ofcourse the time frame from hereon is more than 3 years....

Very risky though , one can trade on the long side NOW for short term....

Whatever comes in NIFTY will become junk in these conditions ;). ...

I would not look at supports for individual stocks to buy now, just go out and buy in parts.
Stocks are available dirt cheap, for instance stocks with an yearly EPS of 20+ trading at 60 levels ;)....

Dear BSR,
I hope you undertstand what I meant from by comment on 29th Sept that hedge fund redemptions will start from 1st Oct onwards. I hope to see some stability and buying to emerge middle Oct onwards.....

Yes Nish, Lets see how the things give a turnaround :) Who knows... May be 3329 could be the long term bottom :)...

dear nish - One must need guts to take that call. we are in the panic condition, very very difficult to trade. But, surely it will work, already now we are now seeing a five hundred point recovery on the sensex. with thanks be and make...

How would possibly support levels work now? Support levels work when people buy at some price. you need money to buy. Who has that money? Retail is crushed, DIIs invested all they had in July, FIIs are fleeing. How will markets stop anywhere? ...

Dear Nish, Middle of October is a few trading sessions away. Let us hope for the best! Gud luk & happy investing! ...

Dear Nish, What you say is absolutely true, We'll see a Gap down opening but we'll recover soon, markets may see the lows of this month today.. Regards...

Dear Nish, I hope you had a look on DOW! First JOKER in the GAME has misfired. :) Anyway, I expect Nifty to go DOWN on LOW Volume as was the case today. Instead of Heavy SELLing, it will make SENSE to bring the Nifty DOWN on low volume! :) :) Redemption on the part of hedge funds are just speculation. It would be REALLY interesting if such hedge funds exist which would like to SELL at any price brought on account of low volume! :) Gud luk & happy investing!...

Dear NISH, where did you see the bill not passed details?...