Market crash is ahead

[Sultaan]

The Phase which we are witnessing is not bear market, but a correction of the bull run. " Bear market" has a altogether different terminology.

so what is the definition of bear market ?

 

[preethi21]

NIFTY FEB SERIES
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CURRENT POSITION TARGET 1 ACHIEVED/
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You can see further down,, due to EGYPT crysis,,

CRUDE OIL PRICE CAN GO HIGH DUE TO BLOCKAGE IN ZUES CANAL

 

[zapa]

Friends, Can anyone tell me how much more downside should be expected from today's drop?

 

[dream_merchant]

this downside can go upto 5100 - 5200 and there could be a likely reversal
from there but again may not be a strong sustained one ...

It will be slow and painful and will take months to raise again in a consistent manner

Friends, Can anyone tell me how much more downside should be expected from today's drop?

 

[preethi21]

Hi friends .....

So This small crash ends Today .......

From 6200 ----> 5350

Enjoy trading Good luck see you

 

[stock72]

Hi friends .....

So This small crash ends Today .......

From 6200 ----> 5350

Enjoy trading Good luck see you

If so market will go up 6800 ? say by end of this year ?

 

[rajeabc]

If so market will go up 6800 ? say by end of this year ?

Corrective rally in a major fall is very steep as we are seeing (due to short covering) and last for 3-5 days. If Upward journey continue beyond 5 days then we may see it for longer duration.
But I don't think it will cross 5526-5625 as this is a major supply zone.
But who knows ?

 

[kiranjakka]

Hi friends .....

So This small crash ends Today .......

From 6200 ----> 5350

Enjoy trading Good luck see you

you mean to say mkts wont fall further

 

[sanjosedesi]

Hi friends .....

So This small crash ends Today .......

From 6200 ----> 5350

Enjoy trading Good luck see you

Ended at 5262 today ...

 

[AMOL007]

Ended at 5262 today ...

Cheersssssssssss:clap::thumb: