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| Discuss Bloodbath in the market at the Equities within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Originally Posted by suba_stocks sorry to hear that ...but ..it was well know since monday ..... |
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#11
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Sometimes Analysis's wont speak anything....
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#12
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Since the RELIANCE POWER isse opened market witnessing downward trend during the entire week. Most of the investers may have diverted their money to this issue.
Sensex was down by 9% and nifty by8% during the week.Now as this mega event is over market may see uptrend from monday onwards. |
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#13
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Corrections are always healthy as it is being played out in indian markets. Global markets have reasons to drop - US markets. Not sure if our correction can be attributed to short selling entirely but we may have other reasons too. Analysts were raising concerns on our overvaluations for a while now and that was a serious red flag. Overvaluations is just one of the factors. A scripp cannot grow if there is no room to grow, now it seems we have reasonable valuations and hopefully we can grow from these levels. FIIS may also be pulling out because some of the US/Global stocks look more attractive than indian stocks. The encouraging factor is that indian markets have a huge domestic dependency and also plenty of retail equity. Speaking of retail equity, if everyone is rushing to this reliance mega IPO who will have the money to raise its worth when it finally debuts???
Best thing is to always keep at least 30% cash for events like these. JMHO. Happy trading |
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#14
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Correction, profit booking, retracement whatever it is. But selling in all the scrips at a point of time is some thing difficult to understand. How come all the indexes are down? Is it sell order at market price for all the scrips? If one person/Institution is selling all his/its holding @ a point of time, it is logical. But the last 30-45 min trade of friday is something beyond any logical thinking.
Hope some green on trading screen and smile on the face of the trader hereafter. |
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#15
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Lets See what monday holds for us!
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#16
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Hope it does not give in to panic selling again on Monday ...
How i wish i was sitting with cash now ![]() |
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#17
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Market needs alot of correction.
There is an overdose to Indian investor with US>>>>>>>> We are Happy HERE |
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#18
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all members - be optimistic
monday you will definietly see all greens. only thing it cannot regain the friday levels in a day. most of our feared breathers had sold even fundamental stocks at a loss and most traders are now sitting with cash on monday. opening moves may not be healthy as some more fearful sale will be seen only on some counters. by 10.30 or 11 the market will settle there will be good climb on strategic stocks as before and here again our brothers will sell some more stocks. whatever it is, monday sensex cannot close below 19000 levels and there will be an upward movement. i have some dougt only for tuesday as the MF AND FII may show their muscles again on that day. hence plan your actions. strictly follow stop loss on all transactions. no sentiments. best wishes. ![]() |
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#19
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Monday expecting a Gap up opening and might close 300pts in green
Becuase the market will give more ups and downs during this season. And their is still possibility of touching 1800 levels. Best approach would be to go for shopping in phased manner on each deep. I hope you all have the list of stocks you looking for. best of luck. |
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#20
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Seems.. Nifty may test 5200 levels
Becareful and all the best |
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