Bulls....caution!

lalpar · #**121** 14th November 2007, 07:23 PM

Quote:

Originally Posted by sudoku1

oops ! todays sensex high ...19985....flirting with our reentry level of 20025.....D DAY TOMORROW....WILL SENSEX CLOSE ABV 20025.....IF YES....bulls reenter without hesitation........

Market ends with monster gains: Sensex up 900 pts......

The markets ended with monster gains on heavy buying in scrips across sectors. Sensex has gained over 900 points and Nifty has scored over a double century and was up over 250 points. It was the biggest single day absolute gain for Sensex. The cues from global markets have been robust with Asia closing higher and Europe opening strong.

Oil & gas, capital good, metal and banking stocks continue to be in the limelight today. Broader markets have also participated in the uptrend but the frontliners outperformed the midcap and smallcap indices. BSE Midcap index was up over 2% and the smallcap index was up over 2.4%.

ICICI Bank surged over 9%, Wipro and Hindalco were up over 7% followed by HDFC, HDFC Bank, Bharti Airtel, Rel Petro and PNB....

Hi
i have traded Nifty futures for the 2ns time and shorted at 5854 and taken delivery for 3 lots...i dont know whether it will rise or fall..can anyone help me out...
Regrads
Lalith

sudoku1 · #**122** 14th November 2007, 08:59 PM

Quote:

Originally Posted by sudoku1

Sensex down 67pts; M&M drops 5%

ASSUMING BULLS XITED AT OPENING....RE-ENTER ONLY IF SENSEX CLOSES ABV 20025

After opening with a positive gap of 125 points at 20,103, the Sensex touched a fresh all-time intra-day high of 20,238, before slipping into the negative zone to a low of 19,814 - down 424 points from the peak. The index is now down 67 points at 19,911.

Mahindra & Mahindra has tumbled 4.7% to Rs 759. Maruti has dropped 3% to Rs 1,153.

Reliance has slipped over 2% to Rs 2,767. SBI has shed 1.5% at Rs 2,085.

NTPC, Hindustan Unilever and ITC have dropped 1.3% each to Rs 230, Rs 217 and Rs 180, respectively.

BHEL has surged 2.7% to Rs 2,682.

Reliance Energy has advanced over 2% to Rs 1,760, and Laren & Toubro has added 1.7% to Rs 4,350.

............

my first warning on 30th oct......
tomorrow D DAY.....i again repeat bulls.....EXIT FULL @ OPENING BELL...

Czar · #**123** 14th November 2007, 09:06 PM

so people missed 1600 pt rally just waiting for 20025, in fact they would have already booked profits by now, too bad you got stuck on 20025 & could come up with no new levels...

I want my magnet man back

sudoku1 · #**124** 14th November 2007, 09:06 PM

BULLS.....again approaching 20025....tomorror ' d ' day......medium term bulls who missed last time r again lucky enough to see 20k....if long positions r still open.....EXIT FULL 2morrow on opening bells & wait till close......
if sensex is smart enough to close abv 20025.....REENTER again without hesitation......no questions of losses as ur buy positions r of lower levels....only some 200--300 pts may b missed on a close abv 20025....
opportunities r to come life time but CAPITAL FUSED is very hard to come by.............~~~~~

Indices up 4%: Banks soar

: Equities gained further momentum driving the Sensex nearer to the 20,000 mark. At 2:45 pm, BSE's Sensex was up 835 points or 4.39 per cent at 19,870.25.

Banking and oil led the advances. HDFC Bank (up 10.24%), ICICI Bank (7.48%), HDFC (6.86%), Reliance Industries (6.33%) and Infosys (5.38%) were the biggest gainers.

Hindustan Unilever, down 0.62 per cent and Bajaj Auto, down 0.14 per cent, were the only Sensex losers.

The Nifty was up 222 points or 3.9 per cent at 5917.4.

Market breadth showed 965 advances and 222 declines on NSE, while 2034 shares advanced and 726 declined on BSE.

Global markets continued to send green signals with a strong opening in Europe. FTSE was up 1.25 per cent, CAC added 1.17 per cent and DAX gained 0.74 per cent.

viraj07 · #**125** 14th November 2007, 09:21 PM

Senior analysts across various different brokerages are of the opinion that immediate tgt for SENSEX is 21500 -22000.

Pls check things at your end.

lalpar · #**126** 14th November 2007, 09:35 PM

Quote:

Originally Posted by sudoku1

BULLS.....again approaching 20025....tomorror ' d ' day......medium term bulls who missed last time r again lucky enough to see 20k....if long positions r still open.....EXIT FULL 2morrow on opening bells & wait till close......
if sensex is smart enough to close abv 20025.....REENTER again without hesitation......no questions of losses as ur buy positions r of lower levels....only some 200--300 pts may b missed on a close abv 20025....
opportunities r to come life time but CAPITAL FUSED is very hard to come by.............~~~~~

Indices up 4%: Banks soar

: Equities gained further momentum driving the Sensex nearer to the 20,000 mark. At 2:45 pm, BSE's Sensex was up 835 points or 4.39 per cent at 19,870.25.

Banking and oil led the advances. HDFC Bank (up 10.24%), ICICI Bank (7.48%), HDFC (6.86%), Reliance Industries (6.33%) and Infosys (5.38%) were the biggest gainers.

Hindustan Unilever, down 0.62 per cent and Bajaj Auto, down 0.14 per cent, were the only Sensex losers.

The Nifty was up 222 points or 3.9 per cent at 5917.4.

Market breadth showed 965 advances and 222 declines on NSE, while 2034 shares advanced and 726 declined on BSE.

Global markets continued to send green signals with a strong opening in Europe. FTSE was up 1.25 per cent, CAC added 1.17 per cent and DAX gained 0.74 per cent.

Kindly tell me whether i should book losses tomo or will i get a chance to square at 5854

pshirurkar · #**127** 14th November 2007, 09:40 PM

Yes ,if This Type Of Rally Continues With The Help Of Global Cues Then Sensex May Test 22000 And Nifty 6200 Soon.
But Be Cautious Of Reversal Also .it May Happen At Any Time.

sudoku1 · #**128** 15th November 2007, 11:39 AM

bulls.....20025....remember ??? told again to exit.....wait till close today.....D DAY TODAY.....MAKE OR BREAK ???? 20025 will decide....

European markets improved last night, with varying degrees of gains, while the US indices fell. Asian markets are mixed with the Hang Seng down and the Nikkei up but little changed. The global short-term trend is either mixed, or down right now. This could lead to two-way moves here today.

The market rallied on Wednesday, with the sensex up 893.58 points (4.69%) at 19,929.06, the Nifty 242.50 points (4.26%) at 5,937.90.
The number of Hotline stocks at 200-day highs went up from 23 to 46, while the number at 200-day lows dropped from 3 to 0. The number at 5-day highs went up from 91 to 158, while the number of at 5-day lows dropped from 33 to 7. The 240 stocks averaged a gain of 3.06%.

The CNX Midcap index climbed to new all-time highs yesterday.
However, the sensex still needs to close abv 20,026 to start a new intermediate uptrend. the trigger is quite close. There was no change in the major trend of any of the Hotline stocks yesterday.

Global markets are still in intermediate downtrends, despite the strong moves of the last few days. The next decline would make it known whether an uptrend is developing.

The Nikkei and London’s FTSE-100 are in major downtrends, while most of the others remain in major uptrends for now.

The FIIs bought $30.3 million of stocks on Tuesday, while the MFs dumped $3.2 million worth. The FIIs are averaging daily sales of $47.0 million over the last five sessions, and the MFs are selling at a rate of $17.5 million.

European markets improved last night, with varying degrees of gains, while the US indices fell. Asian markets are mixed with the Hang Seng down and the Nikkei up but little changed. The global short-term trend is either mixed, or down right now. This could lead to two-way moves here today.

The main global indices are still in intermediate downtrends despite the strong rallies. Most major global trends remain up.

The Dow fell 76.08 points (0.57%) to 13,231.01, and the NASDAQ composite went down 29.33 points (1.10%) to 2,644.32.

Czar · #**129** 15th November 2007, 03:47 PM

OK B4 he does it, lemme do it: Told you lakhman rekha, no entry b4 20025 close see i told you

bulls.....20025....remember ??? told again to exit.....wait till close today.....D DAY TODAY.....MAKE OR BREAK ???? 20025 will decide....etc etc

sudoku1 · #**130** 15th November 2007, 04:02 PM

Quote:

Originally Posted by Czar

so if fed messes up, markets go down, but say if there's some good news & market gaps up & say rallies 8/900 points, what you are saying is we should wait for the close & then buy at the top of the iceberg ???

.....

AFTER THIS ....the mkts tanked 1500 pts