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| Discuss UNBIASED OPINION ! 15000 or 21000 ? at the Equities within the Traderji.com - Discussion forum for Stocks Commodities & Forex; after todays move, more than 60% of the nifty stocks and 80% of the cnx ... |
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| View Poll Results: UNBIASED OPINION ! 15000 OR 21000 ? | |||
| 15000 |
   
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42 | 51.22% |
| 21000 |
  
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40 | 48.78% |
| Voters: 82. You may not vote on this poll | |||
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#61
3rd March 2008, 06:35 PM
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Re: UNBIASED OPINION ! 15000 or 21000 ?
after todays move, more than 60% of the nifty stocks and 80% of the cnx 500 are trading below their 200 dma.
of course the nifty as well. 
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#62
15th March 2008, 11:43 AM
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Re: UNBIASED OPINION ! 15000 or 21000 ?
so we are moving towards target of 14400. other target is 13300. I think market should rally around 13000 for some time (+/- 1500)
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#63
15th March 2008, 12:46 PM
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Re: UNBIASED OPINION ! 15000 or 21000 ?
The market may go up in a week or two. It may not rocket up but still will consolidate around 16000-17000 for some time. Only the results will take the market up significntly. It is clearly seen that the sentiments and expectations are at the bottom most level. But, both the institutional investors and the mutual funds are neither selling nor buying. It is only the panic that keeps the market down. While our market is not completely decoupled, it do not lean so much on others. The results season will definitely boost the morale. This should not be construed as bear market. It is only a bearish trend in a bull market.Panic sellers are almost gone. We may see a slow turn around very soon.
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#64
15th March 2008, 12:57 PM
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Re: UNBIASED OPINION ! 15000 or 21000 ?
Quote:
technically , a gap exists @ around 14500 sensex levels.. Last edited by sudoku1; 15th March 2008 at 12:57 PM. Reason: *
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#65
15th March 2008, 01:01 PM
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Re: UNBIASED OPINION ! 15000 or 21000 ?
Quote:
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#66
15th March 2008, 06:11 PM
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Re: UNBIASED OPINION ! 15000 or 21000 ?
I think we need to change the title now 12000 or 15000,
I belive 15K is good support but in bearish trend the support would soon become resistance and 13K would be good support Like LnT and ICICI I expect the global factors, rising inflation and uncertainties in Currency and Crude price chances are Earnings effected the P/E will be revised. But good point is Local demand in india is huge and we will still have some level of insulation with the global factors to some extend our growth story will be intact and we will see a bounce back coming but really its difficult to predict exact point of time when bull will take over. might be end of this result session or it might be delayed more ie. 2009 So keeep buying your quality picks on every decline.
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#67
16th March 2008, 06:45 PM
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Re: UNBIASED OPINION ! 15000 or 21000 ?
Quote:
 cockroaches to come out from there also.By September 2008 we may see Sensex in high 4 digits 
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#68
16th March 2008, 07:00 PM
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Re: UNBIASED OPINION ! 15000 or 21000 ?
Quote:
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#70
16th March 2008, 08:01 PM
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Re: UNBIASED OPINION ! 15000 or 21000 ?
Even if we get a big bounce [which i highly doubt], the market will test atleast 13-14k before the correction ends. The Indian markets are still at a 6 month low, the rest of the world is past 9 month lows.
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