Sensex heading to 12000 and below (opinion please)

Sensex is heading towards 12000 and below?

  • Yes

    Votes: 33 57.9%
  • No

    Votes: 24 42.1%

  • Total voters
    57
  • Poll closed .
#1
Hi,

From the sensex chart formation it is sensed that sensex might go down to 12000 levels (which may be good buy level). Let us discuss about whether the sensex can go to 12000 levels and below (may be possible).

This can help every long term investors to be careful in his investment.

Friends please help.

Thanks,
knag
 
#2
THE SENSEX CANNOT GO BELOW 13500 LEVELS AND MAJOR CORPORATE MF SUPPORT WILL COME IN THRU GOV. INTERVNTIONS AS it is a very crucial point to hold these levels. till june end the sensex will not go below 14000 levels and we may see a short term faster recovery by next week.

the shake is only due to confidence levels broke by foreign fund managers and they have say from nowon as most of their funds had already exited from our nation. the corporate results of this quarter will boost the sentiment once again and the reliance pack will pick up in the initial stages.
 
#3
THE SENSEX CANNOT GO BELOW 13500 LEVELS AND MAJOR CORPORATE MF SUPPORT WILL COME IN THRU GOV. INTERVNTIONS AS it is a very crucial point to hold these levels. till june end the sensex will not go below 14000 levels and we may see a short term faster recovery by next week.

the shake is only due to confidence levels broke by foreign fund managers and they have say from nowon as most of their funds had already exited from our nation. the corporate results of this quarter will boost the sentiment once again and the reliance pack will pick up in the initial stages.
Raghav,
I agree with your view to certain extent but I dont have common opinion with you on short term faster recovery by next week. Considering the over all economic conditions recovery will take at least another 3 months.

Rajiv
 

sudoku1

Well-Known Member
#4
THE SENSEX CANNOT GO BELOW 13500 LEVELS AND MAJOR CORPORATE MF SUPPORT WILL COME IN THRU GOV. .

the shake is only due to confidence levels broke by foreign fund managers and they have say from nowon as most of their funds had already exited from our nation. the corporate results of this quarter will boost the sentiment once again and the reliance pack will pick up in the initial stages.
without fii's (foolish financial inst)......it will b picking salt with the eyelash.......no amnt of good news without fii's ....as any mkt in the world needs long term liquidity......
 

debdeeps

Active Member
#5
THE SENSEX CANNOT GO BELOW 13500 LEVELS AND MAJOR CORPORATE MF SUPPORT WILL COME IN THRU GOV. INTERVNTIONS AS it is a very crucial point to hold these levels. till june end the sensex will not go below 14000 levels and we may see a short term faster recovery by next week.the shake is only due to confidence levels broke by foreign fund managers and they have say from nowon as most of their funds had already exited from our nation. the corporate results of this quarter will boost the sentiment once again and the reliance pack will pick up in the initial stages.
Can't agree. The inflation figure after petrol/gas price hike is going to out next week Friday. And can't imagine what will happen with the market after seeing double digit inflation fig. Another big crash. :eek:
 
U

uasish

Guest
#6
" without fii's (foolish financial inst)......it will b picking salt with the eyelash.......no amnt of good news without fii's ....as any mkt in the world needs long term liquidity......"

If Nifty Fut can close above 4550 today then probably Mkt has reached interim Bottom,if it cant close above that & throws away the Gain made,then further Pain left for the coming days.

Let us see.
 

mahesh2007

Active Member
#7
" without fii's (foolish financial inst)......it will b picking salt with the eyelash.......no amnt of good news without fii's ....as any mkt in the world needs long term liquidity......"

If Nifty Fut can close above 4550 today then probably Mkt has reached interim Bottom,if it cant close above that & throws away the Gain made,then further Pain left for the coming days.

Let us see.
dear Ashish da,
So far FII's have invested 200 Bn dollars in India, since 1/1/2008 till date their outflow is around meagre 12 Bn dollars.
Their funds are also 'opm'(other people's money) and they too face redemptions.
Apart from it, they too are gettting reduced inflows due to rising crude and other commodities.
the solution to the problem is "co-operation from OPEC"-by increasing production.
There is a meeting on 22 nd (i think) which is the only ray of hope.
let's keep our fingers crossed
 

sudoku1

Well-Known Member
#8
dear Ashish da,
So far FII's have invested 200 Bn dollars in India, since 1/1/2008 till date their outflow is around meagre 12 Bn dollars.
Their funds are also 'opm'(other people's money) and they too face redemptions.
Apart from it, they too are gettting reduced inflows due to rising crude and other commodities.
the solution to the problem is "co-operation from OPEC"-by increasing production.
There is a meeting on 22 nd (i think) which is the only ray of hope.
let's keep our fingers crossed
saudi has upped prodction......but the speculative zinx fails 2 pull down....
 
U

uasish

Guest
#9
It seems Soduko's Camp is going to Laugh .:D

Had a glimmer of Hope of Bottoming out but the Close may not be encouraging.
 

Similar threads