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Moneycontrol >> Messageboard >> Market View >> Market Outlook - Short Term
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Market Outlook - Short Term

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21 Aug 2008 17:00

The government has cleared Rs 22,000 crore in cash as subsidy to the fertilizer industry. Sanju Verma, ED & Head of Institutional Business at HDFC Securities said that the fertiliser sector is poised for a huge growth trajectory. The gas pricing for fertiliser is circumspect and needs to be addressed, she said.
...

21 Aug 2008 16:59

Dear Buddy,

Yes today I recovered my losses. Had I been patient enough to wait after 2:30 I would have made handsome profit. Its seems I was destined to just breakeven for today. No regretts.
I have been stuck in EsarOil for past 10 days. Having a long position at 244 and a short position at 230. If you see any way to come out of this tangle please let me know.

Regards....

In reply to:

Can Nifty sustain above 4600 this week?

Posted by : inves_t_rader

Good gains for today huh! guess HDIL gave you back all your losses?
Well, i\\`m putting a pause on trading or investments for a short while as i have been adviced to do so by friends (Punters), for now, Nifty may have a very sharp rally to 5200 before we enter a full blown bear market, but not sure of when it will start, but it is in cards now, thought of sharing it with you. Be careful while taking Short Positions.
Regards

21 Aug 2008 16:01

Dear PKK,
I donot have any blog - I am just a trader but keep a close watch on what the technicals are indicating. The blog I suggested belongs to a technical analyst of reutersindia.

More over, as a learner I used to closely watch on vfmdirect dot com. excellent site... good healthy discussions... please visit that web site.

I really had a rich rich learning experience.

Regards...

In reply to:

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : pkk07

Hey L&T,
I have subscribed to the RSS feed of your blog and will try to have a look daily. Though I do not understand all the technicals you describe but I am a quick learner and should be up to speed soon.
Do keep posting your views on Sensex trends.
I also have a suggestion that you should start tracking Nifty too. I like it more than Sensex.

21 Aug 2008 15:57

Though international crude prices have come down, government might increase the petroleaum prices because this being an election year govt might not get another chance to increase the prices closer to the elections.Without left parties in the way , govt might not miss this golden opportunity....

In reply to:

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

21 Aug 2008 15:54

As crude started its upward journey again,there is no other option for govt except to increase the prices of petrol or diesel in coming weeks.... oil economics in india is being worsen by day by day with the continuation of subsidies.... govt frequently put special committe on oil matters,but never follows their suggestions.......

In reply to:

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

21 Aug 2008 15:49

Good gains for today huh! guess HDIL gave you back all your losses?
Well, i\\`m putting a pause on trading or investments for a short while as i have been adviced to do so by friends (Punters), for now, Nifty may have a very sharp rally to 5200 before we enter a full blown bear market, but not sure of when it will start, but it is in cards now, thought of sharing it with you. Be careful while taking Short Positions.
Regards...

In reply to:

Can Nifty sustain above 4600 this week?

Posted by : Karthikn

Went short on HDIL..Waiting for it to break 311.
Regards

21 Aug 2008 15:47

If UPA coalition wants another term, they must be away from this issue, at least for the time being....

In reply to:

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

21 Aug 2008 15:28

What goes down will certainly go up again . Pick as much blue chips now , infact its shopping time...

In reply to:

Mkts slip further; SBI, NTPC, HDFC Bank top losers

Posted by : MMB Messenger

Markets have slipped further as selling continued in banking, realty, power, technology, capital goods and oil stocks. Weak Asian cues fueled to negative sentiments. Midcap and small cap stocks also under pressure. Market breadth is weak; about 1193 shares have advanced while 1572 shares declined. Nearly 400 shares are unchanged.

21 Aug 2008 15:26

Golden chance - Buy Balasore alloys. 435 percent profit year on year. Now at support level. Year end will trade at 80-90 levels.. GEM of a Stock........

21 Aug 2008 15:07
View full thread (1 messages)

Tracked by: 0 Boarder

EIH soared 4.46% to Rs 135.90 at 13:59 IST on BSE after 5.80 lakh shares, or 0.14% of the company’s equity changed hands in a block deal at Rs 140 on BSE.


Meanwhile, the BSE was down 316.94 points, or 2.16%, at 14362.

On BSE, 8.91 lakh shares were traded in the counter. The scrip had an average daily volume of 57,799 shares in the past one quarter.

The stock hit a high of Rs 141.40 and a low of Rs 129.10 so far during the day. The stock had a 52-week high of Rs 246.95 on 7 January 2008 and a 52-week low of Rs 104 on 9 June 2008.

The scrip had underperformed the market over the past one month till 20 August 2008, rising 7.56% compared to the Sensex’s 7.65% gain. It had, however, outperformed the market in the past one quarter, falling 4.27% compared to Sensex’s 14.81% fall.

The mid-cap hospitality firm has an equity capital of Rs 78.59 crore. Face value per share is Rs 2.

The current price of Rs 135.90 discounts its Q1 June 2008 annualised EPS of Rs 3.87, by a PE multiple of 35.11.

EIH\'s net profit rose 3.6% to Rs 38.01 crore on a 9.6% rise in sales to Rs 236.25 crore in Q1 June 2008 over Q1 June 2007.

EIH owns and operates luxury hotels and resorts in India under the name ‘Oberoi’. The company also manages a mid-price hotel chain in India, in addition to hotels in Egypt, Australia, Sri Lanka, Indonesia and Saudi Arabia.


...

21 Aug 2008 15:05

Idiot guest, i dont come here to lick someone's ass to get a call..i have shown time and again how to go long and win...

Save my buy call , i will show u how i will book profit in it...wait and watch!!

and Dont get over excited with a cut of 4-5%......

In reply to:

Nifty may not see 4000 mark again !!!!

Posted by : Guest

Absolutely... Market wont spare arrogant nuts. He is going to pay heavy price.

21 Aug 2008 15:03

Dear guest,

You have mistaken me by calling me a bastard, i am not born to your mom...
I am still LONG and waiting for next level to initiate fresh buying.


All the best
Patience...

In reply to:

Nifty may not see 4000 mark again !!!!

Posted by : Guest

Great remarks from patience who advises people something and then does something else.He was short in the markets and misguided ppl to be long and has conveniently deleted his messages once he found he is wrong .Fuc this bastaard who is misguiding ppl.....

21 Aug 2008 14:38

Tomorrow inflation BOMB is going to explode. Nifty 150 points drop tomorrow.

...

In reply to:

Nifty to go up beyond 4600 in August

Posted by : rudra_sinha

4500 PUT is rocking...the hammering has come a little late than I expected. Today and tomorrow also market would be bearish. 4300 is not a huge support any more. 4200 should provide strong support now.

Trade safe.

Thanks,
Rudra

21 Aug 2008 14:24

Hi,

We have also decided to restore the about user section of the boarder page ... we are allowing html tags back .. so boarders go ahead and make this space look as much you as possible... But please be careful of the page alignment... donot distort the look of the page in doing so..

-MMB Moderator...

In reply to:

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : pranky

Hmmmmmm.... So heres the culprit who always denied that he committed the crime of deleting our messages.

Dear Mod, I believe U have warned him enough before...??

Warm Regards
pranky!!

21 Aug 2008 13:18

4500 PUT is rocking...the hammering has come a little late than I expected. Today and tomorrow also market would be bearish. 4300 is not a huge support any more. 4200 should provide strong support now.

Trade safe.

Thanks,
Rudra...

In reply to:

Nifty to go up beyond 4600 in August

Posted by : rudra_sinha

Although market has shown good resilience today, the correction is not over yet by any means. In fact to me market is looking pretty weak.

If anybody bought as per my strategy mentioned in this thread i.e. buy 4700 Nifty Call and 4500 PUT, he/she should be in good profit by now. Continue to hold both the positions. However, my belief is, 4500 PUT is the one that would continue to fetch you money this month.

Trade safe.

Rudra

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