Market Analysis - Technical View

27th July

Posted by : JAGDISH GABA

gv,though ur letter is reffered to radhika n it seems shehas replied some where but gv, by signing on MMB,we get a better opportunity to exchange our views,the mkt's activity will go on at its usual course but difficult to get priceless experience of friends like you
by the way i didnt get pictures you seem to have sent on my mail
any way better next time
bye,god bless you

27th July

Posted by : JAGDISH GABA

gv,though ur letter is reffered to radhika n it seems shehas replied some where but gv, by signing on MMB,we get a better opportunity to exchange our views,the mkt's activity will go on at its usual course but difficult to get priceless experience of friends like you
by the way i didnt get pictures you seem to have sent on my mail
any way better next time
bye,god bless you

27th July

Posted by : gv

Hi radhika_nandlal,
Sorry to but in,i do understand the sentiments
I think one has to quit market to be in MMB
Conversely if he quits the board he will be in the market making money
Regds
GV

27th July

Posted by : radhika_nandlal

GV,

Quitting MMB to make money in markets does not work for me... i make money coz i am chatting... the fear factor is out, the boredom is out... its so boring to trade with all the secrets close to your chest... i love to RA RA RA..i would be bored and a failure as a trader if i dint chat as i trade...so whenver i trade i am chatting... else i am not trading..

27th July

Posted by : gv

Hi radhika_nandlal,
Sorry to but in,i do understand the sentiments
I think one has to quit market to be in MMB
Conversely if he quits the board he will be in the market making money
Regds
GV

10....9....8....Countdown on for.CRUCIAL

Posted by : amarakbar

Dear pints,
You may not be able to control your laughing - some boarders THOUGHT i was a BEAR !
Whenever PEOPLE get overcarried ,either in bullishness or bearishness at extreme points when OPPOSITE direction market turning was just around the corner, i have posted here without fail till now for benefit of those who do not know charts and for all friends .
Dipawali is definitely going to be good - there are more than 5000 companies to invest in- with so many fire crackers,
Dipawali will indeed be good for those who are ,
1. Not too greedy
2. Who will book profit in rally and reenter longs thereby reduce their costs
3. who will not over trade
4. who will not play f and o in spite of ANY REASON WHATSOEVER

warm regards and happy dipawali in advance to you too.
Vipul Lashkari

See Nifty at 5,100 levels in one-month's time: K&A Secs

Posted by : MMB Messenger

Sushil Kedia of K&A Securities said, “As of now, the patterns do not give me the gumption to imagine a move less than 4,150 area, That seems to be the outer limit on the downside and in fact there are far stronger possibilities of a much larger upside surprise than 4,600. I am ready to face a Nifty at 5,100 in the next one month.”

27th July

Posted by : radhika_nandlal

Ghatikar,

If there is money we dont need for the immediate future invest in long term else if you take a loan for some requirement but ur money in stocks is languishing thats as good as taking a loan to play stocks isnt it? Thats why i only buy penny stocks in 1000 for long term. I dont have that kind of money which i dont need. I seem to need money all the time and my handbag gets emptier faster than my tummy...

i dont know where these guys have disapepared.. they have been very unfair and cruel to have disappeared without a trace. Even strangers we meet at the busstop have a smile as they leave, but here these guys like howcome, sona27, rita just vanished into thin air. I know how it feels to miss....i dont know how to help you get over the melancholy caused by their absence. Do watch some preity zinta's song sequence, may that would energize you.. lol lol

27th July

Posted by : PHGHATIKAR

Hi Radhika,

Communicating with you after a long time. Is everything O.K. at your end? These days, because of sustained fall in market, I am not at all taking any interest in looking at either index or the stock prices. Kindly let me know when will the market stabilise and the Bull Run resumes?

It seems, you are still very active both in the market as well as on MMB. I am missing many of the known Boarders viz., Sona, Rita and a few nickname boarders like morningstar, kamani, etc. Where have they disappeared?

Earlier, when the bull was at its peak, Share Market was one of the sources of additional income apart from my present permanent job. These days, my portfolio is shrinking day-by-day. I do not know what to do. In end of December, 2007 I was at 11+ lakhs (worth shares) today it has shrunk to as low as 40%.

Even I had to arrange college fee of my son (who is studying engineering at Gulbarga) by raising loan from Bank.

Your quick reply is solicited.

P H GHATIKAR

27th July

Posted by : PHGHATIKAR

Hi Radhika,

Communicating with you after a long time. Is everything O.K. at your end? These days, because of sustained fall in market, I am not at all taking any interest in looking at either index or the stock prices. Kindly let me know when will the market stabilise and the Bull Run resumes?

It seems, you are still very active both in the market as well as on MMB. I am missing many of the known Boarders viz., Sona, Rita and a few nickname boarders like morningstar, kamani, etc. Where have they disappeared?

Earlier, when the bull was at its peak, Share Market was one of the sources of additional income apart from my present permanent job. These days, my portfolio is shrinking day-by-day. I do not know what to do. In end of December, 2007 I was at 11+ lakhs (worth shares) today it has shrunk to as low as 40%.

Even I had to arrange college fee of my son (who is studying engineering at Gulbarga) by raising loan from Bank.

Your quick reply is solicited.

P H GHATIKAR

27th July

Posted by : radhika_nandlal

NIFTY: ALL aspects all aspects bearish bearish bearish... just too bearish.... trin bearish at 1.5, shows distribution, MACD says Sell, RSI says SELL and ADX says SHORT and even Elder Ray bull power and bear power which is for immediate term favor bears......I checked this ystday at 3:15 but since NASDAQ had clocked a TRIN of 2.0 the previous day i thought they could rally from shortcovering so i went long... now i would square my position on opening bell and go short straightaway.. but dont follow me, day before i was terribly terribly wrong on crude, ystday wrong on NASDAQ etc etc....i am not MALAYALI the 100% right, just doing some guess work with technicals.. its not fool proof.

DOWJONES: Bearish in most aspects..including oversold TRINs.. this time i am not betting a shortcovering rally on an oversold NASDAQ, not again. lol

CRUDE: Volatile, mixed cues.. trend following indicators indicate long positions are a hold and add, but RSI says SELL and there was distribution. Could be those trapped at highs will sell for the immediate term but its certainly bullish per trend following indicators.

I have my file ready with NIFTY TRIN, US TRINS, DOW DIRECTION, NIFTY DIRECTION, FNO, CRUDE, NSE EQUITIES etc..... i would suggest most not to have a peek and burn their pockets but to follow alex's books in letter and spirit, but for those curious my file is ready for a download.. only i dont know how to zip an excel file to upload.. could anyone tell me so once done the curious risk takers can download.

10....9....8....Countdown on for.CRUCIAL

Posted by : amarakbar

Dear narendrankb,
I never recommend any stock, just post MY VIEW on any stock or general market.
More than ONCE i have written already in my posts- NEVER follow any analyst blindly - do your own homework before investing your money, invest your time first.
If you think you will earn millions on tips of analysts, chances of losing it all are much greater.
Maybe you want your money double in a week every time you invest, then my friend you must know that stockmarket is the most treacherous of them all- trends change depending on many factors - DO not venture into field that you can not understand- do you think anyone will invest all his money in buying a yatch and will go sailing even if he does not know how to sail !
Even mutual funds may not perform this year in 2008 ( if people rush to encash their units, chaotic scenario can happen resulting into further fall of market - a super panic)as they did in last five years (thanks to one way bullrun in last five years)- who hire the best talent available - the best forecasters- the best resource managers, analysts etc etc. MBA degree holders and phds in finance !
Look at cos in USA - how bubble burst !
Similar bubble is in REALESTATE in INDIA - it will also burst bigtime with many casualties-
If one is able to make 20 % profit on his investment in a year , i will call it GREAT achievement - such opportunity was there when bse30 was at 12600 and NOBODY was bold enough to write buy then-15400 happened in a month- what more do one expect- do you think each year bse30 must increase by 5000 points every year !
If one is not professional(above emotions of greed and fear) and practical and humble(when at loss due to bad decision, istead of being stubborn, stoploss to be STRICTLY followed) , one must quit playing the market.
Your comparison in first line is just funny.
Vipul Lashkari

10....9....8....Countdown on for.CRUCIAL

Posted by : narendrankb

are you serious about what you write or just like tv analyst fooling innocent investors?All your recomm silverline,Arvind ,Reliance are off their high between 20-10 percent since you suggested.When you recoomend some of the readers buy and you make a killing.All the investors have lost their shirts and pants .Teji bhi aai to sirf operators ko benifit hoge .Nobody have money to buy and invest .Please answer me .

27th July

Posted by : radhika_nandlal

i bought one 4300 CE at Rs 145 at close today..