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what support levels below 3600?

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  #1  
Old 1st July 2008, 08:55 PM
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Unhappy what support levels below 3600?

sudarshan sukhani the only person to predict last fall till 4500 says that below 3600 next support comes at 2600.
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Old 1st July 2008, 08:57 PM
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Default Re: what support levels below 3600?

the EXPERT's openion.........

Quote:
Originally Posted by bobomonkey View Post
sudarshan sukhani the only person to predict last fall till 4500 says that below 3600 next support comes at 2600.
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Old 1st July 2008, 09:08 PM
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Default Re: what support levels below 3600?

dude this guy was the only one to predict the last support at 4500, the markets rebounded from 4470. He was today on CNBC saying if the global markets hold out then 3600 could be the point from where the market bounces back or else it can free fall to 2600.
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Old 1st July 2008, 09:16 PM
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Default Re: what support levels below 3600?

hmmm.......

dude check this.......
http://www.traderji.com/127764-post1.html
my bro.......



Quote:
Originally Posted by bobomonkey View Post
dude this guy was the only one to predict the last support at 4500, the markets rebounded from 4470. He was today on CNBC saying if the global markets hold out then 3600 could be the point from where the market bounces back or else it can free fall to 2600.
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Old 1st July 2008, 10:09 PM
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Default Re: what support levels below 3600?

I can see that this thread talks about support level, just couldn't understand the PDF.

Any ways what do you think? I just don't see this market stopping at 3600 just for the heck of it, if the US/Europe don't stop falling. And the fall in DOW has just started when it broke 11,700. this could be tough a one.

Last edited by bobomonkey; 1st July 2008 at 10:48 PM.
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Old 1st July 2008, 10:42 PM
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Default Re: what support levels below 3600?

the big problem is manuplation because of election ...

the levels given by my bro has not been broken........

if break.....3546......2902.........2602..........




Quote:
Originally Posted by bobomonkey View Post
I can see that this thread talks about support level, just couldn't understand the PDF.

Any ways what do you think? I just don't see this market stopping at 3600 just for the heck of it, if the US/Europe don't stop falling. And the fall in DOW has just started when it broke 11,700. this could be tough one.
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Old 1st July 2008, 10:51 PM
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Default Re: what support levels below 3600?

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Originally Posted by Cactus View Post
the big problem is manuplation because of election
what kind of manipulation are you talking about? Can you explain.

I know people are talking about political changes but if you see we are in the midst of a global correction.
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Old 1st July 2008, 10:58 PM
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Default Re: what support levels below 3600?

dear.....when election seems on head.......politicians need money......and they receive donation/chanda......from big players.......even from FIIs....

yeh.....global clues definetly have impact.......but why dow could not cross 14 k level whereas we seen 21 k in just 1-1/2 year ...??

do the global clues effect only indian indics......?

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Originally Posted by bobomonkey View Post
what kind of manipulation are you talking about? Can you explain.

I know people are talking about political changes but if you see we are in the midst of a global correction.
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Old 1st July 2008, 11:05 PM
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Default Re: what support levels below 3600?

In politics there are nothing like permanent foes and allies. If the same thing is translated in stock market parlance, there are nothing like permanent Resistances and Supports.
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Old 2nd July 2008, 04:12 PM
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Default Re: what support levels below 3600?

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Originally Posted by columbus View Post
In politics there are nothing like permanent foes and allies.
the words of MULAYAM SINGH
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