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Sensex at 8800 within 2007

Discuss Sensex at 8800 within 2007 at the Equities within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Originally Posted by jnj333 Below 10000 seems very unlikely in the medium term. Even at ...


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  #11  
Old 1st April 2007, 07:53 PM
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Default Re: Sensex at 8800 within 2007

Quote:
Originally Posted by jnj333 View Post
Below 10000 seems very unlikely in the medium term. Even at that level a excellent buying opportunity for new entrants in the share market.My view based on Fundamentals and not on any technicals.
Regards
jnj
sir
i am a new entrant in the market.. can u please advise me whether it is good to purchase reality & bank stocks on decline?
thanks in advance
koshy
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  #12  
Old 1st April 2007, 07:55 PM
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Default Re: Sensex at 8800 within 2007

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Originally Posted by winstonn View Post
Hi Kid,

Elliott wave explained by Robert C. Beckman

this is the best book i have ever read.
Simple to understand and real life applications.

Once, you are done with it, go for : Mastering Elliot Wave by Glenn Neely.

Regards,
Winston
Thanks for the reply.
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  #13  
Old 1st April 2007, 07:58 PM
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Default Re: Sensex at 8800 within 2007

Quote:
Originally Posted by koshyssj View Post
sir
i am a new entrant in the market.. can u please advise me whether it is good to purchase reality & bank stocks on decline?
thanks in advance
koshy
Buy only select good quality stocks like Unitech, Icici . Other options also available depending upon your risk profile.
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  #14  
Old 1st April 2007, 08:03 PM
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Default Re: Sensex at 8800 within 2007

Quote:
Originally Posted by jnj333 View Post
Buy only select good quality stocks like Unitech, Icici . Other options also available depending upon your risk profile.
sir,
thanks for the reply. can u please give ur opinion regarding the sugar sector stocks which is sky rocketing. is it advisable to buy sakthi sugars at this point of time? or shall i wait for some more time.
koshy
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  #15  
Old 1st April 2007, 08:11 PM
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Default Re: Sensex at 8800 within 2007

Quote:
Originally Posted by koshyssj View Post
sir,
thanks for the reply. can u please give ur opinion regarding the sugar sector stocks which is sky rocketing. is it advisable to buy sakthi sugars at this point of time? or shall i wait for some more time.
koshy
I am Not very bullish on the sugar sector but it may provide some good stocks. Cannot comment on sakthi sugar as i do not follow it. Kindly take your own call.
Regards
jnj
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  #16  
Old 1st April 2007, 08:16 PM
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Default Re: Sensex at 8800 within 2007

Quote:
Originally Posted by jnj333 View Post
I am Not very bullish on the sugar sector but it may provide some good stocks. Cannot comment on sakthi sugar as i do not follow it. Kindly take your own call.
Regards
jnj
thanks sir for your prompt reply
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  #17  
Old 1st April 2007, 08:35 PM
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Default Re: Sensex at 8800 within 2007

On one hand, we have all sorts of talk of inflation, etc.. On other hand we have upcoming quarter (and yearly) results.
Even TA seems to be indicative of upcoming downtrend.
Guys, please post your views on possible impact of results, this time.
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  #18  
Old 1st April 2007, 09:33 PM
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Default Re: Sensex at 8800 within 2007

rupee has hardened bad for tech stock. i guess buying a put of cnxit is a good idea
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  #19  
Old 1st April 2007, 09:52 PM
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Default Re: Sensex at 8800 within 2007

Volume in CNX IT must be low, Buying a put in stocks like satyam will be a good bet.

Last edited by soody; 1st April 2007 at 10:20 PM.
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  #20  
Old 1st April 2007, 10:50 PM
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Default Re: Sensex at 8800 within 2007

Hi,

one golden rule:

never write puts and never buy calls
always buy puts and write calls!!!!!
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