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Mr_investor
I am a savvy investor cum trader in the stock and commodity markets. It is my full time profession. I like to invest for medium to long term. I trade in Nifty and Gold for short term profits.
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02 Sep 2008 13:03
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Hey Guest any shorting by the bears will only pick the market up at the level of 4700. Rest of the year is not for shorting... but for going long every dip. Yeah, that's the trade right now, long equity and short commodity. If one wants to play in the short side one should go to commodity market. Short crude and gold at every rise.
Regds,
Mr_investor...
Regds,
Mr_investor...
02 Sep 2008 12:38
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02 Sep 2008 00:35
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After surviving the Asian storm today Nifty is poised to breach 4450 tomorrow (with crude touching 0). Any intraday dip should be bought by short term traders. Take a note of my words... Nifty is gonna get 4700 within next week.
Support 1: 4300
Support 2: 4200
Resistance 1: 4600
Resistance 2: 4700
Enough charcha on Shankar Sharma folks... now its time to make money and prepare for the next leg of the bull run which is about to begin in December / January... mark my words!...
Support 1: 4300
Support 2: 4200
Resistance 1: 4600
Resistance 2: 4700
Enough charcha on Shankar Sharma folks... now its time to make money and prepare for the next leg of the bull run which is about to begin in December / January... mark my words!...
01 Sep 2008 16:18
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People like SanKR should be kicked off in their asses! They are a bunch of jokers and also gr8 manipulators. At FG their job is to misguide the retail investors and making money at the cost of small traders. Who else but the small and less informed traders trade in the market depending on the TV channels? His name was also associated with K10 during Y2K times. Everybody knows that. Beware of such experts!...
01 Sep 2008 10:22
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31 Aug 2008 22:18
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31 Aug 2008 21:19
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Market (Nifty) is marching towards 4700 levels within next two weeks. Huge open interest has built up in the option side at 4200 to 4700 range. My view on Nifty in the first half of September series:
Support 1: 4300
Support 2: 4200
Resistance 1: 4600
Resistance 2: 4700
Having opened on a positive note it is very unlikely that Nifty will breach 4300 at the downside. Money is to be made by going long, not by shorting. But there must be some bears who will short the market at every 00 level. Tomorrow they will attempt at 4400 level and subsequently again at 4500 level. Their attempt will only strengthen the position of the bulls for obvious reason of short covering. In this way of long building and short covering at every dip market will move upto 4700 maximum.
If then anybody recommends going long the reason is only for seeking time for their unwinding of long positions and creating short positions. So one should not be trapped by such recommendations like "Nifty will go to 5200 if it crosses 4700" etc. Remember it is a traders' market and less than 500 points movement in Nifty is not very profitable. On the contrary 500 points movement in Nifty on monthly basis is not a small profit.
And the next 500 points movement in Nifty is certainly in the long side of which 150 points is already in the book of a bull. For born bears wait until 4700 or become a bull for next 15 days....
Support 1: 4300
Support 2: 4200
Resistance 1: 4600
Resistance 2: 4700
Having opened on a positive note it is very unlikely that Nifty will breach 4300 at the downside. Money is to be made by going long, not by shorting. But there must be some bears who will short the market at every 00 level. Tomorrow they will attempt at 4400 level and subsequently again at 4500 level. Their attempt will only strengthen the position of the bulls for obvious reason of short covering. In this way of long building and short covering at every dip market will move upto 4700 maximum.
If then anybody recommends going long the reason is only for seeking time for their unwinding of long positions and creating short positions. So one should not be trapped by such recommendations like "Nifty will go to 5200 if it crosses 4700" etc. Remember it is a traders' market and less than 500 points movement in Nifty is not very profitable. On the contrary 500 points movement in Nifty on monthly basis is not a small profit.
And the next 500 points movement in Nifty is certainly in the long side of which 150 points is already in the book of a bull. For born bears wait until 4700 or become a bull for next 15 days....
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