Rally ends and ready for a Crash Land!!!

[alpha1]

What is the basis for todays fall?

Similar movements across the world markets?
In that case is it sustainable?

 

[Agilent]

Dear Aroonsankar,

Good morning to you sir, and congrats on a very good call!

Regards,

ss

This is a great thread, unfortunately got lost in the wilderness

I only wish the opening chart was more lucid

Congrats Aroon !

AGILENT

 

[rani2006]

how is granules india

 

[toxicexpulsion]

dont buy any stock at the moment. let the market stabilize and then pick up the stocks that you find attractive.

 

[rishikesh_m]

Is the market falling by 600 points straight away or will there be a pullback ?

I remember reading this that for 2007 markets have to sustain above 12000 in sensex or else we are in for long term bear market.

 

[rjs]

Is the market falling by 600 points straight away or will there be a pullback ?

I remember reading this that for 2007 markets have to sustain above 12000 in sensex or else we are in for long term bear market.

Vivek patil from icicidirect has said that if markets go below 12000 we are in trouble..

 

[swagat86]

IMHO Either the correction is over or 3415 on cards

 

[alpha1]

Lesse, am just guessing, but markets will pull-up slightly by afternoon, from the morning's fall.

 

[aroonsankar]

Now we are seeing 3520 on nifty futures on the screen. And its the time to book profit the shorts on nifty, i feel and i did it now.
I might be terribly wrong as nifty may overshoot on downside and test 3250 in one go. But no regrets in that case also
as riding the short for a long time. Not going long too as planning to go short again on a bounce;
the levels go short again is not calculated yet-as of now it looks a target of 3800. The argument chart is attached below.

Aroonsankar

 

[toxicexpulsion]

there is no chart that youve attached.