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SENSEX to touch 10000-12000RANGE - Marc Faber
| From : Zafar at 02:03 AM - May 27, 2009 ( ) |
Share it on Facebookokay let me first introduce who is marc faber,
1 he is a man who had recommended gold @8000rs and asked to sell 15-16k
2 first person to come and tell on t.v. that gold cannot cross 16k &* sustain there.
3 predicted that whatever gains comes in equity market ultimately collapse in coming december.
4 person responsible for most accurate predictions in the world,
5 most important now he is saying that market can go from here to a range of 10-12k but markets had bottomed out finally.......hence its an opportunity to buy on dips and wait.
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SENSEX to touch 10000-12000RANGE - Marc Faber sorry shafin watch out.
wow zafar! u had predicted markets on 27th may itself that it may touch 10k-12k and see its happening......
BUT BE ON GUARD. MARKET IS HIGHLY OVERBOUGHT. ESPECIALLY SMALL AND MIDCAPS. BUY ON DIPS IS THE BEST FORMULA
Hey Jos small caps and midcaps are top performers for the past two weeks large caps are shedding their profits and dragging market in red. But due to these small and midcaps our market is sustaining its because of those small investors. So try to buy some small and midcap stocks on monday surely you won't go wrong on monday.
A LOT OF BOASTING IS THE HALLMARK OF SMALLINVESTORS IN OUR COUNTRY. IF THEY GAIN THEY MAKE LOT OF NOICE. ON LOSS KEEPS MUM. THOSE WHO ARE VERY CONFIDENT ENOUGH ON THEIR STYLE OF TRADING MAY PLEASE COME FORWARD TO REVEAL WHAT THEY ARE GOING TO DO ON MONDAY?
well said dipa delivery is tough to play nowadays may b its a stock or future or option the next day will be a mind blowing and unpredictable instead we can try out intraday in futures or options except stock or cash trading. Since stock or cash market trading may earn few hundreds even though its an intraday play or BTST for huge sum of investment. But for futures or options with few thousands its an easy job to double our investment. Nice to hear such a valuable comment. I had traded in stocks intra,BTST even holdings for 6 months but playing in futures and options in intra its too good. I am fresher started my plays when Lehman brothers and crude made a good crash and lost several thousands. I am expecting good tips and valuable comments from you so please keep in touch with me in my email : coimbatorevrs@gmail.com
well dipa is some what right who cares where the marketlevels what we intraday traders need is liquidity in market more the money more the movement.......
I AM ONLY TWO YEARS OLD IN THIS MARKET. THOSE DAYS I USE TO WATCH TV AND SELECT STOCKS, THAT RARELY WORKS. SOME BIG ANLYSTS THOSE DAYS IN A PROGARAMME IN CNBC SAID GLENMARK TRADING AT 300+ WAS A SELL AND IT WOULD TOUCH 200 VERY SOON. THAT POOR FELLOW WHO ASKED HIM, MUST HAVE SOLD HIS HOLDINGS AND A FEW MONTHS LATER GLENMARKED TOUCHED 800+ SO THIS AS ALL FARCE AND THR MEDIA GET HUGE MONEY(AND THE BIG NAMED ANALYSTD ALSO) TO SPREAD SUCH RUMOURS. OTHERSIDE WHY SHOULD THEY DISCUSS DURING MARKET HOURS. ITS ALL A GAME AND YOU HAVE TO PLAY YOUR ROLE THATS WHAT I KNOW. ONLY ONE THING WORKS 90% OF THE TIME TAND HAT IS LEVEL. I WOULD SAY DELIVERY IS AN EASIER JOB THAN INTRADAY. TO SWIM ONE HAS TO JUMP INTO THE RIVER BUT FIRST ONE SHOULD KNOW ABOUT THE DEPTH OF WATER THERE.
our mission is same:make money analysis,implementation may varies.........
I don't know about Sensex but there will be a correction upto 3000 from where Bull Run starts as the news from the Sources.
When did marc said this ? in feb end ? Are you saying that marc says that market will again touch 10k-12k ?
WHO AM I TO ENCOURAFE/DISCOURAGE ?? ARE THERE ANY BABIES HERE ?? HAVE YOU SEEN THE AGONY OF THOSE (ON TV) WHO BORROWED MONEY AND INVESTED. A MINUS CIRCUIT IN A DAY AND ALL WERE LONG EXCEPT THOSE FIIs THEY MADE US BUY AND TOOK OUR MONEY. IN INTRA ITS EITHER TARGET OR SL AND SIT ON CASH. MARKET OPENS -100 OR +100 NO PROBLEM. I WORK WITH MY NIFTY LEVELS. I CAN GUARANTEE AT THE END OF THE MONTH I WILL GAIN. MY TARGET IS 5000 A DAY WITH ALL GAIN AND LOSS. SEE MY POST I HAD TAKEN 5 LOTS NIFTY AS BTST AND I ALSO DISCLOSED. I JUST DID THAT AS THE CHARTS SAID ME AND THEY ARE ALWAYS CORRECT. AND TO LEARN THAT I HAVE SPENT SLEEPLESS NIGHTS. AFTER ALL, WE DO THIS FOR MAKING MONEY. JUST DO A STRADDLE IN OPTION AND SIT. RISKFREE EARNING OF MIN 100-200% MAY BE MORE A YEAR. WHY ONLY DELIVERY ?? PEOPLE LOSE IN INTRA FOR THREE THINGS FEAR GREED AND HOPE. PEOPLE DID NOT FALL IN A HOLE AS YOU SAY , THEY FELL FROM HIGH RISE BUILDINGS AND KILLED THEMSELVES AFTER THE CRASH. YOU WILL SEE HISTORY REPEATING ITSELF SOMEDAY IN FUTURE AGAIN. AND DELIVERY NEDDS HUGE MONEY TO PLAY. IF YOU AND ME OR MEMBERS OF MUDRAA WERE HNIs, WITH CRORES, WE WOULD NOT BE WASTING OUR TIME HERE... SO MY FRIEND ITS YOUR MONEY AND YOU MANAGE IT THE WAY YOU LIKE.
Dipa- once u fall in drain doesnt mean every time there is a open whole . Dont encourage to new one to go for intra day .
NOW I DO NOT CARE WHERE THE MARKET GOES. AS I SAID I PLAY INTRA. NOW I DECIDE/ANALYSE NIFTY LEVELS IN INTRADAY AND THE MARKET TAUGHT ME THIS
S for deepa u can pray to god that she may be correct but b careful MARC FABER can also b correct for his 6th prediction. both these suggestions are opposite sides of a coin. if u r looking at one side of the coin just think of the other side dear.
I MYSELF HAVE BEEN TRAPPED WITH SOME DELIVERY AT 5800 NIFTY AND FROM THAT DAY I HAVE SAID BYE TO DELIVERY. I THINK THERE MAY BE CRORES LIKE ME. ANALYST THOSE DAYS PREDICTED NIFTY 6800 RPL 550 ETC ETC. SO FROM THAT DAY I CAHNGED MY STYLE TO DERIVATIVE ONLY. AND MOSTLY INTRA AND HOLDING WITH PROPER HEDGE. SO NOBODY KNOWS THE FURTURE. IN THE MONTH OF MARCH AT NIFTY 2550 EVERYONE SAID NIFTY GOING TO SEE 2200-2000 AGAIN. BUT THAT DID NOT HAPPEN.
just pray that OBAMA will give more stimulus packages, the more money in their system more the FII's will get to put in our markets, more FII's flow = sensex = 21k
yes but who knows what's there in the future. We can guess only and hope for the best. Just like before election no one knew if it would have been 14K in 2 days. In Jan 2008 many were predicting 25K by Nov 2008 but everyone knows what happened.
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