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Have The Markets Bootomed Out?

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View Poll Results: HAVE THE MARKETS BOTTOMED OUT?
YES 19 70.37%
NO 8 29.63%
Voters: 27. You may not vote on this poll

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  #11  
Old 27th January 2008, 09:32 PM
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Default Re: Have The Markets Bootomed Out?

Dear Sillu,

like Yatishjain said, even I have heard some rumors that Market can correct to 12000 level as early as Feb end or latest by MARCH. Please guide if you have any news whether good or bad... or atleast your study of TA's guidence. What can be the short term scinario. Please enlighten us all and clear the doubts...thanks in advance

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Avinash Raste
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  #12  
Old 27th January 2008, 09:39 PM
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Default Re: Have The Markets Bootomed Out?

truely speaking market should test the down level once again before the market start its previous run..........lets see wt will happen next...
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  #13  
Old 27th January 2008, 09:42 PM
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Default Re: Have The Markets Bootomed Out?

You are absolutely right, but what level can we expect, or what are the lkely levels for Sensex & Nifty

Thanks
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  #14  
Old 27th January 2008, 09:46 PM
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Default Re: Have The Markets Bootomed Out?

Quote:
Originally Posted by AvinashRaste View Post
Dear Sillu,

like Yatishjain said, even I have heard some rumors that Market can correct to 12000 level as early as Feb end or latest by MARCH. Please guide if you have any news whether good or bad... or atleast your study of TA's guidence. What can be the short term scinario. Please enlighten us all and clear the doubts...thanks in advance

Regards
Avinash Raste
I think upto expiry date market will hold this present level.
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  #15  
Old 27th January 2008, 09:47 PM
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Default Re: Have The Markets Bootomed Out?

Quote:
Originally Posted by sillu_m View Post
I think upto expiry date market will hold this present level.
sillu,
cn we see nifty level 5100 before expiry during volatility?
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  #16  
Old 27th January 2008, 10:26 PM
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Default Re: Have The Markets Bootomed Out?

Quote:
Originally Posted by anjubhatia View Post
sillu,
cn we see nifty level 5100 before expiry during volatility?
After monday may be we can feel the market pulse will upside or will test the downside........during volatility dip may be possible.....but 2maro we can sense this week move of the market...bulls r roaring now.....
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  #17  
Old 28th January 2008, 12:51 PM
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Default Re: Have The Markets Bootomed Out?

Nifty levels for support is 4600
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  #18  
Old 28th January 2008, 05:01 PM
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Default Re: Have The Markets Bootomed Out?

if nifty breaks 4900, it can test last week's low 4400.
if global markets weaken further, there are high chances of nifty breaking 4900 and going back to 4400. nifty cmp 5274
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  #19  
Old 28th January 2008, 08:31 PM
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Default Re: Have The Markets Bootomed Out?

If market is up many tv analysts say " the correction is over,nifty may touch now 5500 soon". on next day if the market is down same analysts utter"market is not yet bottomed out"
So it is always better to rely on your own exp and on t.a.and not on the analysts.
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  #20  
Old 31st January 2008, 07:29 AM
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Default Re: Have The Markets Bootomed Out?

nifty cmp 5165.
nifty 200 dma 4930.
no problem as long market holds this level of 4900.
no major reaction to fed rate cut of 50bps.
rpower ipo refund from friday. not necessary this money should come back to secondary market. but could be a positive trigger.
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