Bulls....caution!

[quote=sudoku1;128989]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......

20025 was not even searched since opening bell.....its become DIE ANOTHER DAY.....told bulls to exit on opening bell.....

small invstrs....WARNING....today lot of cats & dogs of pauper cos were seen hitting upper curfew without reasons.....A VERY BAD SIGN FOR THE FUTURE....without proper research & fundamentals...it may become DEATH WISH to invest in this kind of KABAADI cos....so better take xtreme precaution as the situation warrants so....

Sensex ends down , Bharti gains 5%

Despite the record single-day gain (894 points) yesterday, the Sensex opened just 19 points higher at 19,948 today, and soon slipped into negative zone on weak global cues. After the initial weakness, the index moved back into positive zone but could only manage to touch a high of 19,967.

Fresh selling at higher levels saw the index drop to 19,723 - down 244 points from the day's high. The index, thereafter, exhibited range-bound movement, and finally settled with a loss of 144 points at 19,785.

While the Small-cap index gained nearly 2% to 10,481, the Mid-cap index moved up 1.5% to 8414.

The market breadth was positive - out of 2,849 stocks traded, 1,808 advanced, 988 declined and 53 were unchanged today.

INDEX SHAKERS...

Reliance Energy plunged 3.5% to Rs 1,854.

Wipro and Infosys dropped 3% each to Rs 456, Rs 1,653, respectively.

HDFC Bank and NTPC also declined 3% each to Rs 1,696 and Rs 269, respectively.

ICICI Bank slipped over 2% to Rs 1,249. BHEL and SBI dropped 1.7% each to Rs 2,823 and Rs 2,308, respectively.

...AND THE MOVERS

Bharti Airtel zoomed 4.7% to Rs 900, and ITC surged 3.5% to Rs 190.
Major Gainers Major Losers



Essar Oil 157.65 30.5 Axon Infotech 166.90 70.0
Bongaigaon Refinery 104.95 30.1 Harita Seat 143.70 47.5
MRPL 127.95 22.1 IFL Promoter 20.25 13.5
Manali Petro 21.42 20.0 Madan Fin 7.00 12.5
NRC 29.10 20.0 Balrampur Chini 84.90 11.5
(Close = Stock pirce at the end of day in Rs)

VALUE & VOLUME TOPPERS

Reliance Petroleum topped the value chart with a turnover of Rs 423 crore followed by Reliance Energy (Rs 375 crore), HDFC (Rs 305 crore), GMR Infrastructure (Rs 266 crore) and Essar Oil (Rs 258.60 crore).

Ispat Industries led the volume chart with trades of around 3.79 crore followed by IFCI (2.12 crore), Reliance Petroleum (1.96 crore), MRPL (1.85 crore) and Essar Oil (1.73 crore).

will 20025 become --maximum retail price---incl of all taxes ---for sensex ??
bulls.....hope u exited 2day @ opening as advocated by me ....RENTER ONLY ON A CLOSE ABV 20025.....DONT WATCH DOW THE WHOLE NIGHT.....u may spoil ur eyes.....useless to compare them with us......try it & u will b HANGED for a sang..!!!

Mkt ends mixed: Frontliners down, midcaps up.......
The markets ended mixed as there was sluggishness seen in the frontliners but the broader markets ended higher. Selling pressure seen in frontliners from banking, capital goods, IT and power space. Profit booking was inline with the weakness in Asian markets.Midcaps and smallcap both the indices were up over 1%.

Essar pack stocks are on fire with Essar Shipping, Essar Oil and Essar Steel putting on huge gains. Essar Steel was locked in upper circuit up 20%.

Steel stocks like Tata Metalliks, Lloyd Steel, JSW Steel, Shree Precoated ended in green. Metal, FMCG and realty stocks were attracting attention.

Oil & gas sector was shining with refinery stocks like Bongaigaon up 30% followed by MRPL, HPCL, BPCL and IOC.

Among the frontliners Bharti Airtel, Tata Steel, VSNL, Nalco, ITC were the top gainers.

Power stocks have taken it on their chin, Reliance Energy, NTPC and Tata Power are all trading in red. Followed by banking and IT pivotals like HDFC Bank and Infosys.

Rupee was quoting at 39.30 against a US dollar. Strength in rupee is seen despite some weakness in markets.

Sensex was down 144.17 points or 0.72% at 19784.89, and the Nifty down 25.80 points or 0.43% at 5912.10.

About 1933 shares have advanced, 1064 shares declined, and 68 shares are unchanged.

The BSE Midcap Index ended at 8,414.09 down 1.6%.

The BSE Smallcap Index ended at 10,227.66 down 1.9%.

The BSE Bankex was down 2% at 11,053.02. HDFC Bank, Axis Bank, ICICI Bank, Karnataka Bank, SBI, PNB moved downwards.

The BSE Capital Goods Index was up 0.2% at 20,905.87. Thermax, Reliance Infra, Jyoti Structure, Siemens, Bharat Bijlee closed higher.

The BSE Auto Index closed flat at 5,391.37. MRF, Cummins, Bharat Forge, Tata Motors closed lower.

The BSE Metal Index closed at 17,739.89 down 0.1%. Jindal Steel, Mah Seamless, Hindalco, Sterlite Ind closed lower.

The BSE FMCG Index closed at 2,138.62 up 2%. GlaxoSmith Con, Godrej Consumer, ITC, United Spirits closed higher.

BSE Oil and Gas Index closed at 12,315.88 up 2%. Essar Oil, HPCL, IOC, Petrnet LNG ended in green.

The BSE IT Index was down 2% at 4,196.49. Wipro, Infosys, I-Flex Solution, HCL Tech, Mphasis closed lower.

The NSE cash turnover was at Rs 21033.15 crore and the NSE F&O turnover was at Rs 65894.61 crore. The BSE cash turnover was Rs 9237.87 crore. Total market wide turnover was at Rs 96165.63 crore.

In my above statement it was a rhetorical question not an advice too bad you dint understand the pun & after a 2k fall he was still saying wait for 20025 to enter, rofl

BULLS....6 attempts by sensex & still strugling.....wait for it to close abv 20025 to RENTER.......
WARNING.....SMALL INVSTRS....penny stocks in the limelight.....a bad omen for the entire mkts......b very XTRA CAUTIOUS in this space......marriage season starts......take care u dont marry this cats & dogs else it may turn NIGHTMARE ON ELM STREET..............
Global sell-off likely to hit stocks..........


European markets declined last night, and the US indices followed suit. Asian markets are also down quite heavily this morning. The global short-term trend has turned down once again. We can accordingly expect a broader decline today.

The market declined on Thursday, with the sensex down 144.17 points

The number of Hotline stocks at 200-day highs fell from 46 to 42, while the number at 200-day lows rose from zero to two. The number at 5-day highs fell from 158 to 119, while the number of at 5-day lows rose from 7 to 15. The 240 stocks averaged a gain of 1.74%.

The CNX Midcap index is in an intermediate uptrend, and climbed to new all-time high again yesterday.
However, the sensex still needs to cLOSE ABV 20,026 to restart the ongoing intermediate uptrend. The Nifty crossed its corresponding level of 5,957 for a few minutes yesterday, which cannot be taken as a confirmation.
The major trends of HPCL, Hotel Leela and Mahindra Gesco turned up yesterday.

Global markets are still in intermediate downtrends, despite the strong moves earlier in the week. The decline which is now under way 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 $236.0 million of stocks on Wednesday, and the MFs acquired $119.7 million. The FIIs are averaging daily sales of $1.6 million over the last five sessions, while the MFs are buying at a rate of $14.3 million.

European markets declined last night, and the US indices followed suit. Asian markets are also down quite heavily this morning. The global short-term trend has turned down once again. We can accordingly expect a broader decline today.

The recent rallies failed to get the main global indices into intermediate uptrends. Still, the major trends of most major global trends remain up.

The Dow fell 120.96 points (0.91%) to 13,110.05, and the NASDAQ composite went down 25.81 points (0.98%) to 2,618.51.

Infosys dropped by 2.34% to $41.24, Satyam fell 1.98% to $25.80, Wipro lost 0.44% at $13.67, Tata Motors lost 2.51% at $17.10, ICICI Bank fell 4.11% to $61.53, HDFC Bank dropped 4.24% to $122.30, Dr Reddy gained 1.66% at $15.32, MTNL rose 3.50% to $8.88, VSNL went up 1.72% to $26.07, Rediff.com lost 2.26% at $12.09 and Satyam Infoway fell 3.38% to $6.58

INTERMEDIATE TREND--SIDEWAYS TO UP
Entry Level---initiated Longs On 24th Aug @ Sensex Close 14425
>current Status---exited Full @ Sensex Close 19978.
>re-enter Status---will Reenter Longs On Sensex Close Abv 20025.
>profit & Loss----profit 5500 Sensex Pts........
>LAST CLOSE---19785

20025......bcoming a frustrative level for bulls.......has the ability to make or break the sentiments............lets see:

Sensex down 56pts; Tata Steel slips 2%

The Sensex is now down around 100 points

ITC has zoomed 5% to Rs 199. Grasim has surged 3.5% to Rs 3,745.

Dr.Reddy's has soared 2.3% to Rs 614. Mahindra & Mahindra has rallied 1.7% to Rs 731.

Bharti Airtel has advanced 1.3% to Rs 912, and ACC has added 1% to Rs 1,055.

Ranbaxy has shed 2.3% at Rs 414. Tata Steel has slipped over 2% to Rs 842.

Larsen & Toubro and Satyam have shed 1.4% each at Rs 4,441 and Rs 423, respectively.

Hindalco and Infosys have declined 1.2% each to Rs 213 and Rs 1,633, respectively.

ICICI Bank, Reliance Communications and SBI are the other prominent losers.

Out of 2,805 stocks traded so far, 2,034 have advanced, 720 have declined and 51 are unchanged

20025 remained elusive throughout the week...even on intraday basis......though the sensex closed positive ..weekly...another wait nxt week for it to close abv 20025.....BULLS.

Mkts end with modest loss; metal, cap good, It stocks DRAG....

The markets opened with gap down today on weak global cues and proceeded to trade weak for most part of the day amid volatility and ended in red. The frontline indices remained flat but the broader markets was strong on sustained buying interest. Midcaps and smallcaps once again outperformed the frontliners.

Indian markets continue to show its resilience and outperformed the Asian peers who closed with deep cut. Hang Seng ended down over 4%. compared to Asian peers. Asia is trading with deep cuts with Hang Seng down 4% followed by Nikkie down 2%.

forget your re-entry level of sensex. lots of stocks are doing very well on intra-day/weekly basis. so forget your re-entry level of sensex & concentrate on momentum stocks with tighten stoploss. otherwise you will miss all earning opportunities. also you didn;t earned a single penny from last few days, beacuse you are waiting for a breakout above 20025. & you missed lots of stock movements.. or you are going to leave stock market, if sensex unable to close above 20025 .

just look at anid's thread. all of his recommended stocks are up by 10-15% within a few days. but your sensex failed to close above 20025.

now you can say that your prediction was right about sensex level. so stay with your predictions & stop trading .we traders are always in market for minting money.

note: do not forget to watch your entty level everyday.

^right said.... b obsessed with ur level of 20025 while we make money in the momentum plays...

u have rightly admitted abt ur profession...what r u doing here man ??if at all it was my fault ...what glossy jolt did u give the mkts till u grew up without peanuts in ur mouth ?? i waited for u all through ...but the clumpsy beard u r wearing looks practical all through ur post....alas...only did u survive to see the rot from 20025 to 18500 in a matter of jiffy or were u at fake ends not bothered abt ur water ?????

let me clarify ur second point.....v trade only in sensex futs & v were long right since 24 aug from sensex close of 14425 & xited full at 19978....this post is only for nifty ,sensex traders & gives a tech picture of the overall mkt setup......so whatever happens to individual scrips.....it does not matter much to mkt trader......abt the profits.....19978-14425 =nearly 5500 pts profit beating the best of invstr & analysts....got it ???????

i had even advocated BEARS , not to short the mkts in my earlier posts...
first try to read & understand the headlines.....BULLS...REENTER ABV 20025 CLOSE.....here reenter means those bulls who exited acc to my advice @ 19978....understand ??? now go & get ur FOOTBALL
...............................................------------------------------------------
THE INTERMEDIATE UPTREND WHICH STARTED FROM 21 AUG close of 13989 has run into siseways direction with 20025 acting as strong overhead resistance on close......bulls....wait for it to close ...then only renter & take ur bets.........

Overseas cues would determine the direction .....

The markets extended the previous session’s profit taking bias on the back of weak overseas cues. The weekend factor took it’s toll on sentiment as bulls refrained from initiating aggressive fresh longs. The traded volumes were lower than the previous session and this was on expected lines.

The market breadth was positive as the combined exchange figures were 2669:1310. The capitalisation of breadth was also positive on the indices as the commensurate figures were Rs 19,155 crore:Rs 8,580 crore.

The F&O data for the previous session indicated an almost 2 per cent increase in net long positions as the derivatives players bought stock futures and squared off Nifty futures.

The indices have closed at the upper end of intraday range and off intraday lows. The positive market breadth was a saving grace even as the volumes were marginally lower.

Watch the traded volumes on declines as higher volumes could lead to distribution at higher levels.

The outlook for the markets on Monday is that of cautious optimism. Should the overseas cues be negative, domestic markets may experience a slide....