Time to Stick my Neck Out ,Nifty 7300

pshirurkar · #**201** 12th February 2008, 09:10 PM

Dear mr Uasish,
Yesterday on cnbc mr shankar sharma said that in place of 5 digit we may see index 4 digit also.
I donot even think of sensex comming to 4 digit. your comments please
thanks.

sudoku1 · #**202** 12th February 2008, 09:22 PM

Quote:

Originally Posted by pshirurkar

Dear mr Uasish,
Yesterday on cnbc mr shankar sharma said that in place of 5 digit we may see index 4 digit also.
I donot even think of sensex comming to 4 digit. your comments please
thanks.

SORRY 2 interupt in uashish's place......
the guy referred abv was short in nifty futs 2 the tune of 55lacs since last few days as learned from our insider....
in 2004 crash , UBS & shanker sharma (FIRST GLOBAL ) WERE found guilty by sebi for their major role in shorting the mkts in which UBS was banned for 2yrs....
if u recall the dwali muhurat interviews of rakesh zhun.. & shanker sharma , both were agresively bearish on the indian mkts (our thread 'rumour post..........) has that stuff after diwali mkts....
never rely on the tv guys , though he may b proved right...but after all v cannot find shanker sharma everyday on TV....
when the mkts bottom out , will he again come 2 yell a BUY.....???

Venkat123 · #**203** 12th February 2008, 10:45 PM

The only thing that's holding up a severe world wide market correction is 'hope'.

manafa · #**204** 12th February 2008, 11:01 PM

Shanker Sharma gave a scathing review on the indian markets and his caustic attitude towards the indian market and irrational negativity was beyond reason. Perhaps there are some elements of truth but the general tone was full of contempt and just for that I do disagree that the markets will not see 4 digit but will stay in the 5 digit figures.

Happy Trading

uasish · #**205** 12th February 2008, 11:02 PM

Nifty Fut 4737 should hold to-morrow to burn the candle of Hope.
If Trendlines worked then i would be buying Bill's Microsoft in this lifetime.
Nothing is SURE in Trading.

hari09omkar · #**206** 12th February 2008, 11:33 PM

Quote:

Originally Posted by sudoku1

if u recall the dwali muhurat interviews of rakesh zhun.. & shanker sharma , both were agresively bearish on the indian mkts

I didn't watch that interrview,but heard from a brilliant trader that this Jhunujhunwala used to be a bear earlier and he turned to bull in the darkness of the night.I heard Rakesh of saying sensex level of 25k in tv.Now if they are talking of lower levels,listen to me - they will make money in every condition,so this will be good if u change ur stands according to market conditions like they did over the years.

Venkat123 · #**207** 12th February 2008, 11:49 PM

Paulson [US treasury secretary] while speaking on foreclosures today said "The worst is just beginning."

uasish · #**208** 13th February 2008, 08:16 AM

Nifty Fut 15 mins the Trend is still Down ,if Price reverses then the charts will show & will decide accordingly but uptil now Trend is down.

uasish · #**209** 13th February 2008, 10:47 AM

Longed Nifty Fut @ 4920.00 SL = 4899.00

uasish · #**210** 13th February 2008, 10:58 AM

Got out with 25 points profit.