Sensex Heading Towards 13k?

lalpar · #1 31st January 2008, 06:21 PM

Hi,

The markets have moved from Bull toa BEar and that is for sure....Markets are making lower and lower highs...

In Bear Market "LOWS ARE LOWER THAN PREVIOUS LOWS" so take your call.You will never see RPL at 230 or Jaicorp at 1400 in next few months for sure....With Global Markets in Bearish mood the talk that india will be decoupled is rubbish....

If your in losses its better to rreduce your losses than to see it increasing...

Finally this is my feeling...Take your own call

surfingminds · #2 31st January 2008, 06:42 PM

I don't know the basis on which you arrive at 13 k. But definately don't disagree by the point you put ahead.
I am constantly saying market are at pivot point and swing in both sides 14 K or 21 k is no surprise to me. but it seems that the centiments are changing and we are gaining more bearish look so lets be prepared for 13K and hope for 21 K

1. Their would be change in govornemtn and budget both are very important
2. Its rubbish to think in this global world that US slow down would not affect asian market.. If US goes down i M sure we will see 13 K

Buy good stocks and MF for long term in this down trend.

I have lost 20% and confused if i should sell or buy more to average out if it goes to 13 K level.
If it goes 13 K i may loose 20 % more.

Venkat123 · #3 31st January 2008, 07:15 PM

Emerging markets are usually cut by 30-40% during a US recession. 13K sounds about right.

yatishjain · #4 31st January 2008, 07:24 PM

Fundamentals of India have not changed.. 14k can be there only if there is a severe crisis in US, but i think 20 k by March is a good bet

Venkat123 · #5 31st January 2008, 09:02 PM

Stock markets are an indicator of future economic trend.

rpkunn · #6 31st January 2008, 09:16 PM

I think markets will stabilize at around 16 - 17k. Which is probably the true correction levels. The FIIs are playing both the bull and bear at this point. Consider this if they have to recuperate their losses then they have to play in other markets other than the US. Eventually they have to play the bull here.

I wouldnt suggest anyone to sell off as of now.. less than 16k I am not very sure.
Perhaps Rakesh Jhunjunwalla can throw some light on this.

sudoku1 · #7 31st January 2008, 09:16 PM

YES , YES ......this is it.....the more u dig the more heat under the earth.....
@ 21 k it was 25k @ 17 k its 13 ??
but i m on 13 s side ONLY TILL SENSEX REMAINS UNDER 18950

ghoomnewala · #8 31st January 2008, 09:25 PM

all this talk about recession in usa--it's only motivated talk by the fat cats on cnbc etc etc.
reality? all thru 2007--every quarter--growth did not go down--definition of recession--two
consecutive quarters of negative growth.we are thus basing all calculation on "us slowdown".
i recommend that every investor travel to usa for himself and see that country before
pronouncing a "recession".
the only guys who benefit are the short sellers.
ghoomnewala

alpesh14 · #9 31st January 2008, 09:43 PM

I don't know about 13K , but i US market might see some green by end of the day. hopefully sensex recovers bit tomorrow.

Venkat123 · #10 31st January 2008, 09:45 PM

Two of the past four quarters in the US has seen sub 1% growth. What's the difference between +0.5% and a -0.1%? A 0.6% difference does not shift things from 'happy and merry' to 'doom and gloom'. Looking at the economy and assuming anything not negative as good is being optimistic.