Bloodbath in the market

[manafa]

Re: Bloodbath on the market

I think the market is going to hit the 15% circuit. The number of people who have lost huge sums in FnO is going to be huge and all of them are going to be FORCED to sell. There is no way anyone could have been spared with stocks like RIL falling 15% there is no way anyone has the capacity to hold on. Mutual Funds, insurance companies can buy but they can't absorb all the selling that is going to come.

I agree - this a global event and no one is taking any chances with their money specially the domestic funds. No one wants to catch a falling knife. Wait till the US markets open with the expected gap down - FIIs are getting hit hard across asia, europe and US and are probably scrambling to get their money wherever they can. This is another way of flushing out the small retail investor. God help us.

 

[aroymkp]

Re: Bloodbath on the market

true - let the worst be over fast - but volatility will continue for a while before any path is determined. Btw 3950 is support on weekly

 

[sudoku1]

Re: Bloodbath on the market

true - let the worst be over fast - but volatility will continue for a while before any path is determined. Btw 3950 is support on weekly

whats the use of supports when one cant book profits......!!!!!!
till sensex does not close abv 18500...forget all supports......!!!!!!!!!!!

 

[MiLiNDOnline]

Re: Bloodbath on the market

I think the market is going to hit the 15% circuit. The number of people who have lost huge sums in FnO is going to be huge and all of them are going to be FORCED to sell. There is no way anyone could have been spared with stocks like RIL falling 15% there is no way anyone has the capacity to hold on. Mutual Funds, insurance companies can buy but they can't absorb all the selling that is going to come.

No Place to move......

 

[URPradhan]

Re: Bloodbath on the market

thank God

I had not gambled my money in this volatile market

 

[bombaytrader]

Re: Bloodbath on the market

If you had positions in FnO get ready to sell your house, and if you are an investor you have no other option but to wait and watch.

 

[Venkat123]

Re: Bloodbath on the market

I am sure the FM must have called up the MF and Insurance cos and ask them to buy now ... See a big green once the market opens.

I think this is beyond central banks right now. A recession in the US kills all growth stories. We might see a bump in the next couple of days but the market is in a down trend for atleast the next 6 months. Welcome to the next Bear market.

 

[MiLiNDOnline]

Re: Bloodbath on the market

If you had positions in FnO get ready to sell your house, and if you are an investor you have no other option but to wait and watch.

This hampering and or tampering will now at least take 3,6 months to recover....

 

[Prabhjeet]

Re: Bloodbath on the market

Only punters and hunters have been loosing their blood, markets had given signals of this ferocious fall in advance and the ones who had put stoplosses might still be saved but the undisciplined have been killed and tthat is what happens to indiscipline, plz. wait for this week to end and we may see an excellent buying opportunity yes it is still a BUY and not BYE

 

[MiLiNDOnline]

Re: Bloodbath on the market

Only punters and hunters have been loosing their blood, markets had given signals of this ferocious fall in advance and the ones who had put stoplosses might still be saved but the undisciplined have been killed and tthat is what happens to indiscipline, plz. wait for this week to end and we may see an excellent buying opportunity yes it is still a BUY and not BYE

Hi P,

I think still it is not the right time and one should kindly watch for next couple of days before taking any decision.

According to yesterday's buying who ever has done -- has buy good stocks such as RIL, ICICI, RNRL, RPL, Petronet and so on have at least suffered 10 to 40% loss

Please let me know your views.

Thanks.