Another Crash on Monday

pasha

Active Member
#1
The US markets closed 394.64 (3.13%) points down on Friday. Looks like the market is in for a rough time with the current political situation adding to it.
Some of the 'informed' sources indicate a gap down of 500+ with a further drop in the week ahead.
 

pasha

Active Member
#3
May be worth buying some puts depending on how big the gap down is. Too many negatives coinciding at the same time.
 

Prabhjeet

Well-Known Member
#4
looks like the double bottom of 4500 on Nifty will be taken out this time, investors will now be thrown out
 

pasha

Active Member
#5
Lots of rumours doing the rounds, there is talk of the index going to below 14000 this time. Anyone have any number projections?
 

y2j826

Active Member
#6
damn true, its gonna crash on monday so at 1st move if u can then sell your shares and then cover it in intraday later on . . .
 

Prabhjeet

Well-Known Member
#7
Day traders who have not got experience should short with extreme caution and with very careful position sizing, even if markets crash tomorrow there is a good chances of short sellers being trapped like they did on 23 jan when there was a very sharp rebound in the markets and people who had shorted that day lost even more than people who were long in markets till 22 jan
 

pakatil

Well-Known Member
#8
What could be the possible target for Nifty, 4500???....4400!!!

Holding Nifty Short @ 4625.

Is it worth shorting another lot, if Nifty opens with a gap down of 50-70 points.
 

Similar threads