Have The Markets Bootomed Out?

HAVE THE MARKETS BOTTOMED OUT?

  • YES

    Votes: 18 69.2%
  • NO

    Votes: 8 30.8%

  • Total voters
    26

rajeshn2007

Well-Known Member
#1
Have the markets bottomed out?
Probably yes.
reasons?
market hasn't closed below 200 dma( nifty 4900)
market hasn't gone beyond 61.8% retracement on the downside.
the F&O poison is out of the market.
the weaker hands are out of the market.

lest hope and wait for the market to move up :)
 

sudoku1

Well-Known Member
#4
Have the markets bottomed out?
Probably yes.
reasons?
market hasn't closed below 200 dma( nifty 4900)
market hasn't gone beyond 61.8% retracement on the downside.
the F&O poison is out of the market.
the weaker hands are out of the market.

lest hope and wait for the market to move up :)
only a close abv 18475 will confirm the bulls comeback...
go through our new thread '24th jan....bears attack........':D
 
#5
bears ki phat gai he...dekh ni rahe bulls r on.....market is gaining confidence on slowly increasing volume......and confidence is the factor which help to continue the previous trend......:)
 
U

uasish

Guest
#8
For people's who are Stuck at higher price are worried,the mkt going up is what they want.For people's who want to make fresh Entry ,they have to sit & decide which of these stocks would be Future Leaders in their respective segment of the forth coming Rally any time in the future & which stocks has the ability to go & cross the earlier Highs.
We have seen how both AB (Big B) & Sourav (Dada) could Stand Up after their Fall & attain there earlier position & surpass with elan.Not everybody from bollywood or cricket can do that.
Selection is important in this phase & truly Sentiment is vital.
 
#9
May b we see again pressure on Monday . 90% possible.... US market is stuck in profit booking at weekend.. So monday will b a slide ... may b we can recover at noon.
 

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