Is market may fall till 10000 level?

mahmeds2000 · #1 5th May 2006, 08:23 AM

Hi all,
I am very afraid about market after reading the news of CNBC from supratik thread. In that thread let's see what Mowat say's

Mowat says, "We have downgraded India because we think we can get higher returns in other Asian and emerging markets. This is very much a relative call in what we still see as a bull market in emerging markets. So my advice to clients is to take some money out of India and put it to work in places like Taiwan, China, Singapore and the Asia Pacific region. In emerging markets we still like South Africa and Russia."

Mowat also goes on to say that there is anecdotal evidence that funds are shifting focus to other markets now.

He says, "I had many of my competitors downgrading this market below the 10,000 level. Also quite a number of funds are underweight on India because valuations are maybe 20-30% below current levels. It is a mixed picture when I talk to clients, I find it much easier to persuade them to put money into places like Taiwan and China at this point of time than to buy into Indian equity."

And this news making me afraid. so I wanted to know views of all members. Is really market may fall till 10000 level? Is there any possibility? What technical analysis says? What fundamental says? valuation are may be 20-30% below means what? Many more quetions are in my mind?

Or they wanted to create rumor to make market fall so that they start buying after that?

Thanks
wrgrds
Ahmed

pavan12 · #2 5th May 2006, 08:51 AM

all these are bull ****...

wat i mean is...every one says markets will fall...fall fall..

all those r thinking very pessimist..

let us say markets falls below 11500,wont u c u r self in a great position to buy your fav stocks which r now available in attractive price???

wat i mean is indian markets may fall..but bull run will prevail over them..why? coz many have invested money in it and have earned handsomelky too..they know about the market..every time a fall comes..there we will witeness a more buying..which will again only boost up the market..

saamy · #3 5th May 2006, 07:15 PM

Every fall must be used as an oppurtunity to buy some bluechip companies and forget them for 12 to 18 months. Markets may correct now and then bcos some people are sitting on huge profits.

mahmeds2000 · #4 15th May 2006, 03:48 PM

Quote:

Originally Posted by saamy

Every fall must be used as an oppurtunity to buy some bluechip companies and forget them for 12 to 18 months. Markets may correct now and then bcos some people are sitting on huge profits.

Hi all,
Now what all of u say after 500 point down today without any bad news? is market go till 11000? and it is possible within two days according to present condition?
wrgrds
Ahmed

LEYAKATH · #5 15th May 2006, 03:54 PM

The market never always High or Low . use the time to BUY your favr stock.

rajesh.sadhanala · #6 15th May 2006, 04:52 PM

Quote:

Originally Posted by mahmeds2000

Hi all,
I am very afraid about market after reading the news of CNBC from supratik thread. In that thread let's see what Mowat say's

Mowat says, "We have downgraded India because we think we can get higher returns in other Asian and emerging markets. This is very much a relative call in what we still see as a bull market in emerging markets. So my advice to clients is to take some money out of India and put it to work in places like Taiwan, China, Singapore and the Asia Pacific region. In emerging markets we still like South Africa and Russia."

Mowat also goes on to say that there is anecdotal evidence that funds are shifting focus to other markets now.

He says, "I had many of my competitors downgrading this market below the 10,000 level. Also quite a number of funds are underweight on India because valuations are maybe 20-30% below current levels. It is a mixed picture when I talk to clients, I find it much easier to persuade them to put money into places like Taiwan and China at this point of time than to buy into Indian equity."

And this news making me afraid. so I wanted to know views of all members. Is really market may fall till 10000 level? Is there any possibility? What technical analysis says? What fundamental says? valuation are may be 20-30% below means what? Many more quetions are in my mind?

Or they wanted to create rumor to make market fall so that they start buying after that?

Thanks
wrgrds
Ahmed

Not sure about the information you have gathered but as of now they are new MF yet to invest (thousands of crores) and they are looking for a better buy level. So anytime they can invest and they cannot withhold the money for much longer.

I didn't get the quote market down 500 without a bad news.
1. Intervention of government on Cement price hike.
2. Oil prices flared up new of around 9rs.
3. Correction on metal stocks on continous uptrend.
I think these reach are enough to show some correction.

I am not predicting that market will shoot up immediately or further go down more. But waiting for the MF to buy 10k level is very tough. But lets wait and watch.

Sincere advice would be to get out when stop losses occurs rather than waiting for a pullback and also dont go on panic selling too expecting a further downside.

Regards
Raj

manishshares · #7 15th May 2006, 05:12 PM

Please check attatched file & look when stock market start falling its falling like this.

So before investing in indian market one should remain caution as market could slide up to the level of 7656 with in three to six month

Thanks

Manish

manishshares · #8 15th May 2006, 05:27 PM

Please check attatched file & look when stock market start falling its falling like this.

So before investing in indian market one should remain caution as market could slide up to the level of 7656 with in three to six month

Thanks

Manish

mahmeds2000 · #9 15th May 2006, 11:15 PM

Quote:

Originally Posted by manishshares

Please check attatched file & look when stock market start falling its falling like this.

So before investing in indian market one should remain caution as market could slide up to the level of 7656 with in three to six month

Thanks

Manish

Hi Raj,liyakat,manish,
Thanks for sending your reply. I think you are right Raj many are waiting for the market to go down and they start buying low cost. I have seen yor graph manish dear its really good. Also there may be reason that all the traders start doing the short sell in margin and becz. of that market may be down. Is there any possibility by doing short sell on sensex and Nifty stocks market go down? ( Actually I don't know it, Just thinking....) Any body can help.
So if there is thing like this. It becomes the broker and FII tools to make market down whenever they want it, Isn't it?thanks
wrgrds
Ahmed

rohitb · #10 16th May 2006, 12:39 AM

LOOK AT THIS THREAD OF MINE

http://www.traderji.com/equities/6622-technical-outlook-what-can-save-nifty-heavy-downfall-read-carefully.html

READ IT .... IT WILL HELP U

Similar Threads for: Is market may fall till 10000 level?
Thread	Thread Starter	Forum	Replies	Last Post
Today's fall -could have been foreseen?	tanewbie	Technical Analysis	6	16th April 2008 11:44 AM
Sensex At 10000	kaizartrtr	Introductions	0	29th September 2005 09:13 AM
Saurabh here new to traderji!! havenot recvd PNB refund amount till date	saurabhsrivastava	Introductions	1	6th May 2005 07:12 PM
Oil Prices Fall Below $48 a Barrel	TradingPicks	Energy	0	22nd August 2004 12:28 PM