WIll down trend start now?

Down trend is likely to start from tommorow. What do u people think?

any reason to think so ????

ganeshhity

sensex will nnnnnnaaaaaaaaaa
market is pass, weather forecast is the in thing.

P.S.- just look at todays volume you will agree with me.

what ???????
no idea of what you are talking about..

ganeshhity

Hi Gaj,
Just for learning purposes,how did you come to this conclusion so very surely and definitely?Please do share,am sure we can all benefit.

Saint

with all the rains, bombay is sinking fast than the sensex.

well ganesh, just in the monsoon mood

cheers,
jdm.

Oweeee.......I'm from mumbai......
A story every year...BrihanMumbai MahanagarPalika sleeping as always...

poops..u got me scared this time...I exited today from SBI with profits and entered MTNL at lows....
was this right desicion ???
ganeshhity

I thought SBI is making head and shoulder pattern and Satyam too.
can you re check ur decision on SBI?

i'm looking for short term trades as of now.....entering mtnl at this point would be beneficial i think...the market does not guarantee any one directional trend as of now...I DON'T KNOW WHY I'M AFRAID OF THIS MARKET IN THE MONTH OF JULY....so i'm making entry exits at very fast rate..I got SBI 3 days back..i'm sure you're well aware of rates...you can calculate my profit percentage......moreover it can be (i think can be) picked up at lower levels...for now mtnl looks good for next 3-4 days, hence i entered this stock...see the fall of mtnl today and it's potential in short term..I hope you understand now...anyway, even if i'm proved wrong by markets, I've stop losses in place for exit...

ganeshhity

Ahh one more thing on charts...

VSNL....

just look at charts this week...do not get confused with it's movements in last 3 days, it is fake...it traded in a range of only 5-6 rupees couple of sessions except that it gave that long 20-30 rupees movement for 5 minutes each day and then back to normal....so it's total movement was between 4-5 rupees...

A highly volatile stock, one can keep sharp eyes and trade in this stock too...

I've seen this that if VSNL breaks the mark of 400 with volumes, it gets carried away to 415-420 range very very soon.....vsnl generally has a volat of 20-40 rupees...

Trade well...

make gains...

ganeshhity