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Market Outlook - Short Term
Tracked by: 1 Boarder
nifty made a high of 4558 and was trading between 4500-4520 levels for most of the time, at end of the day, some profit booking was done, I was surprised with this profit booking, because Europe opened gap up and remained in health gains, DOW future was showing 250 gains, so tomorrow global cues sentiment was also expected goo but still profit booking happened at closing hours. It looks to strong hands wanted to get out some weak hands and that confirms that we are going to make some more gains in September. Target of nifty in September 08 remains same.
4725,4850 and then 5020
Prepare yourself for 5000 in Nifty ...
In reply to:
Nifty will hit 5020 in September 2008
Posted by :
fmcgbites
NSG deal done.
Target of nifty in September 08.
4725,4850 and then 5020
Tracked by: 79 Boarders
okay, but u dint tell me about sindhi... i hear their culture overlaps with your's right?...
In reply to:
WILL NIFTY HIT 3600 & SENSEX TOUCH 12000
Posted by :
pkjattking
Jatt word is for farmer really... it can b a Hindu, Sikh, Muslim.... A sardar is someone who fallows Sikh faith.....There are lots of Punjabi Hindus and Punjabi Muslims but very few christian Punjabi\\`s.... as British entered India from south and work them self\\`s up north.... main time they had converted a lot of people to b Christians .... we in north don\\`t believe in converting our self and we don\\`t convert others to our faith....... so the British were in India for over 200 years..... but in north India they ruled just about 100 years or in some parts less than that..even those not without a fight.... so when they left we in north said wait a minute where you think you are going...... now we are coming with you.......lol
Tracked by: 79 Boarders
Jatt word is for farmer really... it can b a Hindu, Sikh, Muslim.... A sardar is someone who fallows Sikh faith.....There are lots of Punjabi Hindus and Punjabi Muslims but very few christian Punjabi\\`s.... as British entered India from south and work them self\\`s up north.... main time they had converted a lot of people to b Christians .... we in north don\\`t believe in converting our self and we don\\`t convert others to our faith....... so the British were in India for over 200 years..... but in north India they ruled just about 100 years or in some parts less than that..even those not without a fight.... so when they left we in north said wait a minute where you think you are going...... now we are coming with you.......lol...
In reply to:
WILL NIFTY HIT 3600 & SENSEX TOUCH 12000
Posted by :
radhika_nandlal
Jatt,
Whats the difference between jatts and sardars.. jatts are pujabis right? Like how many sects and subsects in punjabis.... all ur relations are settled abroad with you... do ur kids speak punjabi... whats the difference between sindhis and punjabis.. how did sindhis form a separate sect? Wonder wonder i wonder all the time about various sects and communities in Inida... reallly amazing.. lol lol... btw are there punjabi muslims and christians also? What about buddhists? punjabi buddhists?
Yes thats a lovely temple
Tracked by: 79 Boarders
Jatt,
Whats the difference between jatts and sardars.. jatts are pujabis right? Like how many sects and subsects in punjabis.... all ur relations are settled abroad with you... do ur kids speak punjabi... whats the difference between sindhis and punjabis.. how did sindhis form a separate sect? Wonder wonder i wonder all the time about various sects and communities in Inida... reallly amazing.. lol lol... btw are there punjabi muslims and christians also? What about buddhists? punjabi buddhists?
Yes thats a lovely temple...
In reply to:
WILL NIFTY HIT 3600 & SENSEX TOUCH 12000
Posted by :
pkjattking
Oh ya there all kinds of Punjabi media over here..... 24 hour radio.... internet radio.... talk radio... name it..... they are building this new Hindu temple in town.... just coming to completion now.... you can see it on Google earth just type........baps swaminarayan mandir, toronto...... in serch box..... I think they have spent 22 million dollars on this temple..........amazing ... check it out.....
Tracked by: 2 Boarders
Dear knair,
Happy to interact with you after a long time. I was wondering as to why no messages from you for sometime.
I accept that the market is unpredictable and irrational at times. But I dont see the short/near/intermediate/ terms. My message was just to say about what is going on, as per my views. I never look at the market fluctuations and get worried. As far as I am concerned I look at the business of the ones I invested. I strongly believe that India is going to be the fastest growing nation in a few years, if not in a year from now. What is going on in the global market is a game played by the investment banks of the U.S to save their own skin. I believe that the money will flow to the place where there is scope for earning. Nobody comes here for charity. The same FII will pump in money in a year from now, at the maximum if not earlier. I am confident on that.
I am also not an expert. I do not know anything about the global economy, neither at the micro nor at the macro level. That is not needed too. Even Buffett says that he know nothing about economy. The period may get dragged a little long. Bu I am confident of reaching the destination, even though a little bit late. Good days are ahead as far as I am concerned. The market went down on Friday as such everybody was selling and today it is buying as if there is no tomorrow. It had been happening for some time. Now the media says for the first time that the DII have bought 48000 crores during the past 5 months and the FII had sold stocks worth 69000 crores. We pretty well know as to why the FII were selling. They have their own compulsions in their home land. If the future is bleak why the DII bought stocks worth 48000 crores during which the analysts and experts were talking of doom and gloom. I repeat again Mr.Nair that the retailers will be getting fewer and fewer in the days to come. Those who have the courage will only stay. Gone are the days for the ones who invest on tips fed by others. Better in the sense that the volatility will go down.
I will be too happy to see your messages. Please interact frequently.
regards
Nadhi ...
In reply to:
See Sensex bottom at 10,000-12,500 levels: Shankar Sharma
Posted by :
knair
Dear nadhi,
This refers to your msg to GOOGOL dt 3rd sept.
I have been in the process of shifting from Bangalore to Gulbarga and could not look at the stock mkt and msg board for about a month.
I fully agree with you that the pundits would appear with buy recom.after sensex crosses 18K. They would be sending mad buy calls if it goes up further. When it comes down and if it hits 10K, they would be begging each and everybody to get out. We know why!
But we learnt our lessons also, may be after burning our fingers.
After seeing the up and down several times, I have come to one conclusion. The mkt can see 10K or 20K or 30K or vice-versa. The nature of mkt is cyclical. In my marketing life of near about 30 yrs, I visited all over India a number of times and met lakhs of dealers, merchants and traders. I experienced the cyclical changes several times. Although I have been in textile line, I have close contacts with other business people. In addition to that I have also seen how my sons experienced frustration and musthy in the software job mkt when the up and down cycle chased them. During my marketing period, I was able to dispose of even the worst material at a better price when the mkt was bullish and faced unpalatable complaints for thecream of products when the mkt went through bearish trends. Although I entered into stock mkt after my retirement and that too due to the pressure of my son to keep me occupied, (altogether a new field), I found the basic funda remained as the same.
If anybody says that the mkt would touch 10K again, it doesn`t surprise me. It is possible. It can go up to 40K also (here no time period can be specified). The only debating point is whether the pundits those who talk about 12K and 18K when they see a small hulchhal in the mkt is realistic or not. But, I may repeat that we know things better than them now and the mkt is not going to stand at its own feet at least for a few more months. Don`t ask me how many months-here itself lies the hidden secret of the mkt which nobody knows yet.
I made lot of mistakes in the stock mkt and therefore I would like to reveal that I am not an expert in this field.
Hope you will bear with my untimely interruption.
with regards,
knair
Tracked by: 79 Boarders
61 Claireville Dr
Toronto, ON M9W 5Z7, Canada
Type this into google earth and there are pictures of this temple.... as you get closer..........
In reply to:
WILL NIFTY HIT 3600 & SENSEX TOUCH 12000
Posted by :
radhika_nandlal
jatt,
Being a jatt, how can u not tear ICICIDIRECT apart... dont spare them... claw their eyes out.
Tracked by: 79 Boarders
Thanks a ton loveleal26 ... it is indeed a pleasure to have such gracious boarders like you around. My personal best wishes ! Regards, DU....
In reply to:
WILL NIFTY HIT 3600 & SENSEX TOUCH 12000
Posted by :
lovemeall26
Hello DU sir,
If I can be of service for you regards the nifty, you are always welcome sir. You yourself have contributed immensely and selflessly to this board I know since a long time, and it would be my pleasure if I can be of help to you too.
I am well aware of your technically analytical skills in stock trading and know very well that you are very successful in your own way of trading. I wish you further success in the coming years. I myself follow oversold and overbought stocks on the RSI scale and it surely helps a lot.
regards
lovemeall26
Tracked by: 79 Boarders
Oh ya there all kinds of Punjabi media over here..... 24 hour radio.... internet radio.... talk radio... name it..... they are building this new Hindu temple in town.... just coming to completion now.... you can see it on Google earth just type........baps swaminarayan mandir, toronto...... in serch box..... I think they have spent 22 million dollars on this temple..........amazing ... check it out........
In reply to:
WILL NIFTY HIT 3600 & SENSEX TOUCH 12000
Posted by :
radhika_nandlal
Jatt,
Why dont you put it out in the cananda local punjabi daily if there is one.. i have often told teh bangalore guys to take up their deficiency to the media and make an issue of it.....i told them i dont mind dressing up in rags and posing for the attention hungry media... i can tell them ICICI DIRECT is responsible for my riches to rags story.... you should create a sensation about them with some media preferably NDTV... coz only they can produce melodrama with the TAIN TAIN TAIN background music... couple of you should show ur zero balance account statements coz of icicidirect and some women should dress up in rags and pose for the media...
Tracked by: 79 Boarders
Is that so.. this is a site that responds to customer grievances? I dint know that... thanks...
In reply to:
WILL NIFTY HIT 3600 & SENSEX TOUCH 12000
Posted by :
gv
Hi,
There is one site in India
"mouth shut com"
One can post about products, services etc
I had problem with water purifier the local guy did not respond properly
Fixed them thru the above site
What a response!!!!
Regds
GV
Tracked by: 2 Boarders
Reality is hard and difficult to digest but wat Shankar Sharma said is going to be true whether people like it or not...
In reply to:
Sharp oil price correction to benefit mkts: Shankar Sharma
Posted by :
TRUETALK
Stop your non-sense you motivated commenter. You want to further your personal motives through these columns. By the way how much have you paid to propagate your motivated views. People do get influenced by persons like you and sell their stocks. That is how you succeed. It is like the story of a \\\\`Brahmin and the three thugs\\\\`. When the three thugs one after the other told the Brahmin that the goat he was carrying wasn\\\\`t goat and was something else, the Brahmin abundened the goat thinking it was some \\\\`pretatma\\\\` in the guise of a goat looking differently to different people.
You are in the category of one of the thugs with some other propagating such baseless fears about the martket. Poor gullible investors get misled and abunden (sell) their securities. Thus you achieve your motive.
Message to Investors: Don\\\\`t be misled by such thugs.
Tracked by: 79 Boarders
Hi,
There is one site in India
"mouth shut com"
One can post about products, services etc
I had problem with water purifier the local guy did not respond properly
Fixed them thru the above site
What a response!!!!
Regds
GV...
In reply to:
WILL NIFTY HIT 3600 & SENSEX TOUCH 12000
Posted by :
radhika_nandlal
Jatt,
Why dont you put it out in the cananda local punjabi daily if there is one.. i have often told teh bangalore guys to take up their deficiency to the media and make an issue of it.....i told them i dont mind dressing up in rags and posing for the attention hungry media... i can tell them ICICI DIRECT is responsible for my riches to rags story.... you should create a sensation about them with some media preferably NDTV... coz only they can produce melodrama with the TAIN TAIN TAIN background music... couple of you should show ur zero balance account statements coz of icicidirect and some women should dress up in rags and pose for the media...
Tracked by: 0 Boarder
Interesting observation about the way Fannie and Freddie started its trading.. lost more than 75% in a single day!!
Look like No body want to be shareholder in Fannie and Freddie for time being and those Long Term investors have become the victim forever (Frauds, Manipulators in the eyes of LT investots)!!
Currently trading price:
Fannie Mae
1.13
-5.91 (-83.95%)
Freddie Mac
1.18
-3.92 (-76.86%)
Gud luk & happy investing! :)...
In reply to:
US Takes over Freddie and Fannie
Posted by :
BullSheetRules
Unless YEN DOLLAR ratio improves, there will be RISK AVERSE nature in global markets! Ratio is still close to 106!
Anyway, US government has no option but to bail them out. Otherwise, there would have been total collapse of WALL STREET FINANCIAL market! :)
Btw, as they say that any trader who survives these current markets -- among the most turbulent ever -- will surely be stronger for the experience. :)
Another point:
The Bottom Line
It appears that this potential plan will cost taxpayers tens of billions of dollars. The common and preferred shares of Fannie and Freddie would be reduced to little or nothing, and any losses on mortgages they own or guarantee could be paid by taxpayers. We have been warning about bottom-fishing in these particular names. Monday’s market open does not look good for either stock.
Gud luk & happy investing!
Tracked by: 79 Boarders
common jatts don't go around tearing....... hahaha....
In reply to:
WILL NIFTY HIT 3600 & SENSEX TOUCH 12000
Posted by :
radhika_nandlal
jatt,
Being a jatt, how can u not tear ICICIDIRECT apart... dont spare them... claw their eyes out.
Tracked by: 79 Boarders
4650 for nifty is a crucial level to watch, if nifty manages to close above for 2 consecutive sessions, one can c the level of 4800. All the best....
In reply to:
WILL NIFTY HIT 3600 & SENSEX TOUCH 12000
Posted by :
BullSheetRules
An interesting data for today!
FIIs did a small BUYing. Looks like Lehman did not SELL anything major today! :)
FII 08-Sep-2008 3155.98 2902.55 253.43
DII 08-Sep-2008 805.68 938.3 -132.62
I just wish Nifty to cross 4650+ in order to take any new positions! :)
Gud luk & happy investing! :)
Tracked by: 79 Boarders
jatt,
Being a jatt, how can u not tear ICICIDIRECT apart... dont spare them... claw their eyes out....
In reply to:
WILL NIFTY HIT 3600 & SENSEX TOUCH 12000
Posted by :
pkjattking
Yes you are rite, I normally try to log through different servers if there is problem but nothing seems to b working there last nite...I have high speed internet....still could not do it....I could imagine people with slow connection....must been having problems even getting the site on screen...... not good......
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