UNBIASED OPINION ! 15000 or 21000 ?

rajeshn2007 · #1 28th January 2008, 06:29 PM

hi,
let us analyse the current market situation , be it technical and/or fundamental. is it headed towards 15000 or 21000. unbiased opinion with some reasoning.
looking at current world market conditions, it is looking shaky now.
as far as indian market is concerned , most of the F&O excesses are gone.
views and expressions ?

surfingminds · #2 28th January 2008, 06:56 PM

better if market settle down at 15k and find a stable bottom for some time. Once it gets that it will rally again for 21 or even 30 in years to come but at time being it should find this bottom.
Because if it starts rally again that would be temparary. I want market should move with strength backed with fundamentals.

Lets see and watch.

sanjayc_2 · #3 28th January 2008, 07:04 PM

It will show support of 15200 before month end

roro1234 · #4 28th January 2008, 08:24 PM

Sensex has strong support at 17000 levels , looks to me that the bears are in mood now but manipulative forces lure investors and seems to me that sensex shud continue an upward trend for now,our market usually ignores fundamentals and is more speculation driven,lets see.

sudoku1 · #5 28th January 2008, 08:58 PM

Quote:

Originally Posted by sanjayc_2

It will show support of 15200 before month end

UNTIL V TRADE BELOW 18475
till close , every door open on the downside......

romanov · #6 28th January 2008, 09:22 PM

Even the Poll is volatile and is now 50/50...:-).

digest · #7 28th January 2008, 11:02 PM

we need to wait till reliance power refund comes.
after that market should see upward trend.

rsatheesh2002 · #8 28th January 2008, 11:08 PM

In my opinion market will go down by 30th of this month and when RPO listed by February 6th market will start uptrend for next 2 days.

ashwinss07 · #9 28th January 2008, 11:46 PM

My bet 21000, the market is simply looking for ques to go up and every time the global ques
are good, we move up. We have hit the nail a little too hard as far as correction is concerned.

pradbpat · #10 29th January 2008, 10:05 AM

There has been talk of lesser interlinkage of US Market and the Indian Markets.Yesterday it was confirmed that news of Japanese recession was unfounded.Also, FII's need to earn somehwhere and Indian Markets are, at the moment, the best. And above all , indian industries are performing and giving results.Even IT has performed but the performance has been blanketed by the Weakening of USD and Subprime crisis(not of their making),but it is just one part of the entire picture. Even if we give a weightage of 50% to sentiments , I believe it should be 21000.

View Poll Results: UNBIASED OPINION ! 15000 OR 21000 ?
15000	42	51.22%
21000	40	48.78%
Voters: 82. You may not vote on this poll