Don't do trading inbetween 1st Oct 2006 to 30 Oct 2006.

[amitt29]

IMHO,its a self feeding mechanism,remember last time retail was stuck buying at high,this time the retail will get a sucker punch of buying on dips.
Technicals Apart,its no rocket science that what happens near highs,theres always a fall,only the psychology is different.
Also short sellers shud be wary,ive seen frequent bear traps during intraday,not the declines lasting 2-3 days but intraday decline.So dont get fooled.
And one of these days it may well backfire.
Also ive found that near psychological barriers and resistances,the market closes high and then tries to takeout the resistance in a gapup.It happens vice versa too.

 

[boppanavijay]

personally i think market will go up at 1.5% per week till the time it crosses 3750 nifty but could fall from above that level as per tech indicators.one needs to be careful at 3750 nifty level.of course the coming results is a factor which can trigger the market one way or the other

 

[amitt29]

Bopannavijay u r forgetting classical rule of market,buy the rumour sell the news.Everybody knows India Inc.results will be decent,and then the topi will be on retails head.Because Anybody who bought Satyam,Maruti,ITC etc during June wud have made a killing,especially f2's,mfs.
It wudnt surprise me if it recieves a jolt after results.

And personally speakin I think market has topped out at 3490.See in last 10 days it twice returned to those levels.

 

[Czar]

the rumours are rising, funny incident occurred on friday...i was long in tisco futures since 509 & sold off at 537 (closing moments) after which a broker & a stock enthusiast called me that there is a strong tip to buy tisco (though they know i never buy on tips) advising me to hold... infact i shorted sbi in the last minute...lets see... point is i feel still we can go long on dips & sell on rumours & news like how tisco was shutted along with other metals since a few weeks & now the ops want you to buy after a 8 % rise by media help stating indian steel prices wont be affected blah blah... see how technicals tell you news is coming before hand, lol

still corrections are around the corners but we are not ready for a fall... the mob is still edgy & ready to sell & short on any fall... only a new top can cure them... so we enjoy when they are scared & get scared when they start enjoying, no ????

 

[sudoku1]

NF trend UP

tgt > 5858

 

[sudoku1]

Confidence doesn't come from always being right, It comes from not fearing being wrong.

 

[stock72]

confidence doesn't come from always being right, it comes from not fearing being wrong.

welcome back

 

[pakatil]

Confidence doesn't come from always being right, It comes from not fearing being wrong.

Rightly said. You are so afraid to start your own thread for expressing your views.

Instead you are barging in to all inactive threads.

 

[TradeJoker]

welcome back sir

 

[LivetoTrade]

Rightly said. You are so afraid to start your own thread for expressing your views.

Instead you are barging in to all inactive threads.

It is not about being afraid .....

I feel it is about being hurt :
a) for not being informed prior to locking/closing the original thread
b) for crediting another member as the thread owner

Anybody else his his shoes too would have felt hurt/ upset !