Expecting mkt to rebound next week

#1
Hello,
mkt closed at a dangerous level. but bears don't start showing your claws right now. guess what!!! expecting mkt to rebound next week. VIX has fallen off the cliff. it might be a precursor of likely reversal. nifty tgt 2760-2850-2915. RIL tgt 1250-1340. any move above 2760 will bring huge short covering. expecting mkt to fall to 2550 level next expiry.
 
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#2
hello friends, how was trading yesterday:D
r u surprised by the bounce back!! the way mkt closed and particularly reliance, was very promising for the short run. expect the run to continue some more time. i was expecting some kind of rate cut:(. anyways theoretically expect some kind of accumulation to happen today.yesterday we saw some long built up in the first half and some short-covering during the second half(specially in the last one hour). don't be fooled by the reduced discount in futures.lots of shorts are still waiting patiently. reliance closing price was very encouraging. ideally ril should come down to 1200 kind of level, accumulate and then move up. in next two days expecting ril to move to 1250-1265 levels(depends on the accumulation low). for the mkt, 2850 is very much achievable.for the very short term BULLS RULE:cool:
 
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#3
hey guys, how was trade today:)i am really having fun. bears are getting slaughtered. bears did well in october and now they are sticking to that same old cliche "history repeats itself":rolleyes:. anyways, just got the news of fuel price cut.things are getting hotter every passing hour. enjoying man. there is one thing i can share with u about my analysis "it pays to go against popular market sentiment". today's RIL close was really awesome. RIL has given alomost 15% from recent low and that too without any pause. tomorrow after gap-up opening expect some cool-down. our great technical analysts(tv) are becoming bullish one after another. so, delivery buying can be dangerous;). taken my profit today, now it's time for short-term punting, with very tight stop-loss. will look for shorting opportunities around 1320-1350 RIL. NOT THAT BULLISH ANYMORE. enjoy your trade as long as u are on the right side. WRONG SIDE!!! CLOSE IT.....
 
#5
Hey guys!! How was trade today!! MADE ANY MONEY!!!!!!!!:D
Hope u enjoyed this week. But pls be careful. Next week gonna be difficult. Accumulation is going on. Today I was surprised by the relative strength of RIL. Looks like some more is left. Mkt closed just above 2800. Short covering is officially over. Now, the only thing that can boost the mkt is bullish view from our great analysts. And guess what!! THEY ARE TRYING REALLY HARD;). Gonna buy below spot 2800. Hey, telling u a secret; bears have started spreading rumors!!!:( Below 2740, will give the great bear a biiig hug. GOD!! Am I getting obsessed with these levels of 2920 AND 1330:rolleyes:
 
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OneBull

Guest
#6
Nifty going only in one direction now, DOWN, sold each and every stock I held, in fact went short on Nifty futures, I think I will make handsome money
 
#8
:)guys, saw the new thread by our friend "super tanker". think that thread is doing a good job. only that data regarding USA GDP!!! is that correct???:confused: anyways, lets give our fellow member some space to improve his rep. lets take a break. will come back again when friends are confused. goodbye for now. thanks for your appreciations:):)
 
#9
How do you know it is officially over ? Did NSE or the shorts making an official announcement at a press conference ? :D
good morning guys!!!
i do not want to create panic. but pls be careful with your long positions. my shorts are still open and i have no intention to cover them in a hurry. will create longs after spot nifty close above 2885. but now i am quite happy with my positions.
 

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