Market Outlook - Short Term

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : hindlevernet

Nobody need to delete any
INSUBSTANTIAL or TENUOUS
messages as they die their
own death as they carry no
weight apart from just noise.

buy 4700 call

Posted by : Guest

4700 call option currently trading @ 7

My Dear frind, we are not going to see 4700 in this month. Dont waste your money, you need to be cautious and alter your \\`NO FEAR PORTFOLIO\\`

Would you buy at current levels?

Posted by : dineshsahay

Market is likely to go up as it is approaching 2nd FY09 results and in october08 will be heavy buying is expected.
Regards
dinbeshsahay

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : lion-&-tiger

Hi PKK,

The following is copied from reutersindia dot net and this for your information. You can have detailed view with graphical supports from there.

A close on the old 14,645 support line on Wednesday.
The next chart shows the Parabolic-SAR which has touched the price action and has now turned bearish. The MACD lines have crossed and as you can see the lower line on the Alpha Beta trend is turning down sharply and is about to turn neutral from bullish.
The near-term technical picture is turning bearish.
The rupee eased a bit more on Wednesday as you can see from the third chart but the 10-day correlation study of the SENSEX vs INR is still high. A very high correlation between the two has existed for around a month now so if you watch the SENSEX you do need to keep a close eye on what is happening to the rupee and therefore the USD.
Below that is a correlation chart of the SENSEX vs the MSCI Asia stocks index ex-Japan which clearly shows the India market decoupling form the Asia markets since the beginning of the month. The correlation index is still negative as per the sub-chart.
I have now launched a Blog associated with this site at http : / / blogs . reuters . com / technicallyspeaking /
if you would like to join the discussion.

Regards

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : lion-&-tiger

Hi PKK,

The following is copied from reutersindia dot net and this for your information. You can have detailed view with graphical supports from there.

A close on the old 14,645 support line on Wednesday.
The next chart shows the Parabolic-SAR which has touched the price action and has now turned bearish. The MACD lines have crossed and as you can see the lower line on the Alpha Beta trend is turning down sharply and is about to turn neutral from bullish.
The near-term technical picture is turning bearish.
The rupee eased a bit more on Wednesday as you can see from the third chart but the 10-day correlation study of the SENSEX vs INR is still high. A very high correlation between the two has existed for around a month now so if you watch the SENSEX you do need to keep a close eye on what is happening to the rupee and therefore the USD.
Below that is a correlation chart of the SENSEX vs the MSCI Asia stocks index ex-Japan which clearly shows the India market decoupling form the Asia markets since the beginning of the month. The correlation index is still negative as per the sub-chart.
I have now launched a Blog associated with this site at http : / / blogs . reuters . com / technicallyspeaking /
if you would like to join the discussion.

Regards

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : nadhi

Dear googol,

It seems to be a memorable day. Not only in sports. MOD had replied to pradesh that HLN had deleted his messages and "advised" HLN not to repeat these things. While the MOD seems to be lenient to HLN his reply is something new.

regards

nadhi

Will there be another round of petrol, diesel price hike, given oil cos\' losses?

Posted by : MMB Messenger

Dear Boarders,Do let us know your views and opinions on the poll.-MMB Messenger

Will there be another round of petrol, diesel price hike, given oil cos\' losses?

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

Wow L&T!!! Great discovery.
Fundamentals in US are getting worse by the day. In no time a few banks should go bust and only after that may be we can talk of recovery.

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : nadhi

dear gv,

That is a good suggestion. If the deleted messages are automatically revealed to MOD, which I feel it is, he can as well restore the message. If there is a will there is a way.

regards

nadhi

Stock Investors should Avoid the Extremes

Posted by : Infy_fan_always

Dot com Boom

A case in point. The dot com boom of the late 1990s is a good example of a market extreme. While many people made money during the crazy times, many more lost huge sums.
Many billions of dollars vanished in smoke as companies founded on little more than an idea with “dot com” on the end burned through cash and produced nothing.

That extreme or bubble had to fail because too many companies simply didn’t make enough money to keep their doors open. It is easy to see now that the frenzy is gone, but harder when all you heard about was the “new economy.”

There was a new economy emerging, but it wasn’t the goofy ideas behind many of the dot com failures. The new economy was about how the Internet was integrating into and changing the old economy.

Stock Investors should Avoid the Extremes

Posted by : Infy_fan_always

Bet on the middle. Stock investors can help themselves if they count on extremes always swinging back to the middle.
What this means is that, like politics, the extremes in market and economic cycles get most of the attention.

This attention can be easily confused with importance.

I am not saying there aren’t opportunities on the fringe, but a less risky strategy is assuming the middle is where most long-term gains exist.

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : pradesh

Hi gv jee,

Excuse me for interfering..

Is rediff managing such things better? I often see a message that (a particular) message is objected to and it is being examined... I, of course, have not seen the outcome..

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : googol

Dear nadhi,

If there is one person who is more mysterious and tight lipped than the MD of TD,it is our MOD.

Messages getting deleted for unknown reasons by unknown people using unknown technology may make a good plot for A.C.Doyle or Agatha Christie but not for us.

By design if any message is found to be offensive,it can be referred to the MOD by any regd boarder,who inturn uses his discretion to take suitable action.But that never seems to be happening.Messages are getting removed left right and centre and the caretaker never bothers.

I do not think it is such a tough problem to solve.Like what you said where there is a will there are many ways.At the same time none can wake up a person by normal means while he pretends to be sleeping

At the peak of their performance,Hindustan Motors simply changed the bumper design of their MarkIII model and dared to call it as Mark IV.Little did they know that there is a factory coming up fast in the outskirts of Delhi by name Maruti Udyog.

And when the Textile doyens DCM,Mafatlal and OCM came to know that one of their little known competitor with hardly five years experience is planning to go install expensive water jet looms in his mills, make suitings and sarees for Indian men and women and planning to sell them at Rs 120 per meter,they were chuckling about his ignorance for here they are with 80 years experience in Textiles and with 100 years old machineries are struggling to sell their products at even Rs 60 per meter.But little did they know about the grit of Mr.Dhirubai Ambani.After 20 years they ended up selling their 100 years old real estates.

So the owners of MMB,please wake up and act before it is too late

Regards,