Market crash is ahead

Raju

Well-Known Member
#41
preethi21,

Can you please analyze "JSWSTEEL".I would like to start accumulating it in small quantities in a day or two.

Purely technical view..I don't know any fundamentals about it.

HDFC Bank futures are also looking good to me.

Recently have started studying a system ..which looks good.Have done some backtesting.Results are ok.Would like to use it with very less quantity.

Raju
 

rocky01

Active Member
#44
Since 3rd Jan, FII & DII stats are as follows ...

FII pulled out 1473.5 Cr. net and DII are stay put with 60.5 Cr.

When the market fell by 157 points on 9th Dec, FIIs had pulled out
1239.3 cr.

so its basically FIIs & DIIs game ...

but no clue when this will end ... Ideally its a 4 day downstreak ... so monday
should be good unless there is something seriously wrong

:)
hi friend ,
can you tell me source of all future , equity and option potion data for FII and DII...
 

deadbrain

Well-Known Member
#45
See ,,, i had given warning to all,,

Lots of people were laughing at me,,,

I like people laughing at my posts,,,

tc

Hope you must have made handsome money by shorting!
 

Raju

Well-Known Member
#46
preethi21,

Can you please analyze "JSWSTEEL".I would like to start accumulating it in small quantities in a day or two.

Purely technical view..I don't know any fundamentals about it.

HDFC Bank futures are also looking good to me.

Recently have started studying a system ..which looks good.Have done some backtesting.Results are ok.Would like to use it with very less quantity.

Raju
I had requested for HDFC bank..It was my mistake..It is HDFC-II & JSWSTEEL

Raju
 
#49
I don't think this is a market crash. This is just encashing of several macro economic factors which turned aganst India by people who run market. While market sentiment has gone negative I feel this stage is where common people get "leftout" dilemma because rates of past week and for next few days will remain in thier short memory. Poor investors and traders will jump in gradually on seeing a high paced moving market inspite of all bad news and will get caught. Market still is overvalued and will become more. What I feel is nifty kissing 6700-7000 is on cards before budget.
 
#50
Look at the PE's on the Indian companies aren't they alarming ?! Look at the PE of the BSE isnt that telling us something ?!

I havent traded in the Indian markets before but plan to do soon.. I have been trading in the worst performing markets in the world.. the DFM and ADX.. for those who are not aware these are the UAE stock markets which I believe are fundamentally crippled... I would go long on the Indian markets whn the PE's are around 12-14 till then trading on technicals for short term would be a better option for those who cant keep away ;)

19130 -19135 is a support cracking this would take us to 18500 levels

All the best....

Play Safe.
 

Similar threads