The Sixth Sense-X

Very true Czarji,i my view if we hold on 2900-2950 in the coming days,we will be able to have a clear picture.
I was long in the afternoon of yesterday,got out early in the morning.Planning to go long again tomorrow 1st thing.
However shud we breach the lows of Black Monday,then its a different story.
We were ever so close these 2 days.

unfortunately my guess is we will breach that low..the selling is too much....the nifty spot / future gap is becoming unbearable...this kindof shorting is not handiwork of retailers...the m.fund redemption should also start & add to further panic...so external steps will start to cushion the fall...maybe ban shortselling...damn i'll become jobless...

hahahaha mayb i will join u in the q of the employment exchange.

dont even think about buying at these levels...heavy short covering....there will be big swings today...avoid...

if this rally crosses above 11k then only will i start opening the champagne... till then i keep my shorts covered partially...

Bhaiyyaji,we have not even crossed 10500 fully,11k is door(far),unless u r too much tightly bound u need not worry.
It may take a while.
But flee in the 1st signs of trouble.
If u survive u will fight another day.
Have a nice weekend.

I dont think these guys will give anyone time to read the moves...

brilliant stratergists they could be...close the market at the very bottom yesterday, with retailers having started to get happy that they can make money both ways... enthusiasm started building the gap of spot & future which was already set wide enough by the stratergists... they let the public widen the gap to historic highs of 100 pts. morning next they make it volatile & lay the king of bear trap... & zoom it so fast & high that the poor buggers dint know what hit them...

now the speed of todays rise made the waiting & watching people to start getting up this weekend & monday morning if it gaps up surely it will rally for 3/400 pts now catch 22 situation again...to buy or sell ???

like I said the infantry is out to finish the job or archers & cavalry...

SS for tomorrow be careful for the 2nd 1/2 of the day, book quick profits, technically downtrend is confirmed till proven otherwise, caution is the name of the game & theses mad men are out to suk us which ever way we go, buy high sell low, sell high buy low.. no time for long positions & daring attempts...I would not attempt being bullish till I see 3 good white candles...till then its relief

as we have seen in the recent past the faster we go up the harder we fall...I want to see some dow kindof movement please... tomo we may see better advances than declines as the ops always oblidge the markets on 2nd day rise...a gap up of more than 1% will suicidal for longs...

I presume sensex target of approx 10750...

like i sensed 2nd 1/2 was diced, i think in the fridays upside the market forgot to make the promised new low which is just what it wants to do now...

An old post of mine...since I'm back

Expect a fall upto 6300...repeat at 09: 21 (31st Mar 06)
Posted by Baron

I am not saying the bull market is over it will resume from august on a much sensible note but till july expect the unexpected...I have several absurd & resonable reasons pointing to this outcome but as one of you mentioned astrological..well yes one of the reasons is that....a crash is imminent from any time now till july, listen to me or dont but please be carefull & dont go with the flow as all signs & attitude & people's mentality show the sign of the bull run peaking at the moment...more later

Part 3:
I would feel sorry to say I told you so if you all suffer....but time has to tell, since all experience traderji know our market are totally operator driven & dont disagree please & ofcourse when bad news start flowing it pound on & on, just like how now the goods are flowing.

Also wud u agree if I said charts are a reaction to action ? they may predict accurately but they have to make various possile patterns to conclude the direction change...my belief is by then its always too late for many people, though may ofcourse not be for the Agilent

Part5:
reasons to fall, boss when it wants to fall it may choose any absurd reson of the following to crash out:

1) rains may not be good says our international weather bureu - after all thats our main base for 8% growth. I would this maybe more dangerous than kargil
2) n.deal with US may come with clauses - MENTIONED EALIER - yesterday heard in news US congress wants to put additional clauses b4 passing it
3) oil crosses - AS MENTIONED EARLIERWHEN IT WAS $ 60 - now its still rising
4) iran issues aggravates
5) 2 bad weeks will cause payment crisis & suddenly payment crisis will occur,aggravating a correction into medium term bearish
6) full convertibility will come with clauses that may make the issue a joke...
7) Bad results (most likely)

part2:
logically speaking till how long can the market get carried away...but remember the taller they go the harder they fall (old jungle saying )

initial fall should be upto 8850/9150 level after which a relief rally...

those questioning my theory...well part I mentioned above second part - I have this method (which some might find amusing) to think like the operator...think if I was in his shoes what would I do... thats how I trade... I am not a day trader & usually trade with minimum 3 months propective.. he will make you believe that every dip is a great oppurtunity to buy, also similar to a thread in this forum...about how operators operate... right now a distribution phase is on with lot of advertising & holding the nifty up, which is clearly seen in the advance declines... u see the chart & one year back prices...the india shinig campaign taken over by the congress & fii money which I have every reason to believe is being routed as operator & politician money laundered from abroad... the black out of bad news are some tell tale signs, dikhave pe mat jao....apni akal lagao