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| From : Sapana Kumari at 10:10 AM - Sep 07, 2010 ( ) |
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He Sarathi,
5700 to aa gaya! Ab correction kahan hai? Don't worry, even I the great astroguru, was fairly certain that 5680...... and then DHAMMMM! Ye market kissi ki bhi nahin suntaa hai, O Geetotpaadak!!! Probably 2morrow or wed will see a downturn.
correction correction..this words is always there for bears
Not before 50-60 points. 5680-5700 is the level to watch for.
this time it looks that market will go up to 5700-5750 even if the RBI increase the rate. See the confidence of others everybody is buyer. Our rocky bhatia is one of buyer sitting truck loaded of Nifty Longs.
hearing this for cople of months now.only those who have missed the rally are talking like this
Now i feel that even those who r long they must be curious to book their profit. This is the right time to get out of the positions and wait till 16th of sept. I dont know what is going to happen but what we can do if after market hours rbi goes to increase the rates. GAP down opening we will see. It has happened in past two three month back when had opening nearly 80 pts down on nifty. By the way if rbi does not increase the rate still market wont react this positively. So risk and reward at this pt of time has to be calculated. This is my opinion. Wait till rbi policy book your positions. Enter after seeing rbi's move. Stay cautious.
It is very difficult to predict the market.When we expect the market to correct, it goes up up and up and then we enter the market and fixed.If we expect the market togo up and st buying then also the danger persists. Hence best way is to trade/invest with strict s/l or buy the valued stocks like RIL with long term view and always keep an eye on the market.
An analyst @ IICM Investcraft says no major correction till sensex touches 21000.(He had predicted confidently Nifty 4700 when it was 2200-2300.)
Now nifty trading in big resistence level. Now all are standing in long position.Nifty already tgt reached for big traders. So correction (heavy selling) will come immediate. So very very careful long position trader.
Thanks...
People here r only speculating and making a fear statement , correction are not near...they will not come dont worry invest and florish
it will come whn we all will be in long position and sleeping and one fine morning all we see it!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
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