Market Forecast

[ashu2]

Thank you Koshyji,

Thank you for your quick response and please forgive me for several typing mistakes in my last letter to you. Yes you are right, i got Satyam for 462 and Tata Motors at 749 level. If it is in the price band of 738, will you please advise me to make an average by buying one more lot at some where 700 level?
Ashu

 

[koshyssj]

Market Forecast for 14.05.07

Again, the market behaved exactly as per my expectations...The market is still in a dilemma... UP results are out and the bears lost their last chance for the time being. I think that this highly volatile markets has burned holes in the pockets of risky traders on 11.05.07... If the market holds on above 3981 in the coming days, one can expect a turnaround otherwise wait for the blood bath...

tomorrow, the markets will open flat or gap up by 15-35 points with mixed trends and if it remains above 4065, go long with SL of 4040 for a target of 4120-4140 and if it breaks and remains below 4050, go short with SL 4082 for a down ward target of 4000-3985. I once again advise all traders to keep a close watch on the market's movement and then trade.. risky traders, trade and mint money. Tomorrow will be your day.. Other traders adopt wait, watch, trade and exit policy....HAPPY TRADING

 

[jaggy_ind]

Re: Market Forecast for 14.05.07

Hi. Thanxs a lot for ur efforts and resolve to help out others . i hope u continue to do the same in future. lets hav a kill on FIIs and help ourselves in building a powerful n strong INDIA.
JAI HIND.

 

[parshvanath invstments]

Thank you for your

 

[ashu2]

Thank you Koshyji
Ashu2

 

[koshyssj]

Tata Motors at 749 level. If it is in the price band of 738, will you please advise me to make an average by buying one more lot at some where 700 level?
Ashu

dear ashu
please avoid fresh purchase at this level.. i expect a correction on the anvil... buy only if u can get it below 680.. never average for a small difference. rest, the decision will be yours
koshy

 

[koshyssj]

Re: Market Forecast for 14.05.07

Hi. Thanxs a lot for ur efforts and resolve to help out others . i hope u continue to do the same in future. lets hav a kill on FIIs and help ourselves in building a powerful n strong INDIA.
JAI HIND.

dear friend
thanx for the encouragement. i will continue to do my service... together we all will build a powerful and strong India.... MERA BHARAT MAHAAN...
koshy

 

[koshyssj]

Market Forecast for 15.05.07

My expectations about the market is accurate again with the accurate gap up opening with positive mood along with minor profit bookings. As i said earlier, if the market stays above 3981, one can expect a turnaround and that is happening now. now the market may try to reach a target above 4200 in the coming days..

Tomorrow, the market will open flat or positive up by 10-20 points with high volatility and if it remains above 4125, go long with SL of 4100 for a target of 4160-4180 and if it breaks and remains below 4120, go short with SL 4141 for a down ward target of 4080-4055. Since the market is currently on an uptrend, all traders mint money... but be cautious with your positions since profit bookings at higher levels cannot be ruled out. Adopt wait, watch, trade and exit policy.. Avoid fresh longs.. HAPPY TRADING

 

[kashh]

sir,

CAN YOU PL TELL THE LEVELS OF MPHASIS?. I HAVE 1 LOT AT @ 315/-.

 

[koshyssj]

CAN YOU PL TELL THE LEVELS OF MPHASIS?. I HAVE 1 LOT AT @ 315/-.

dear kashh
mphasis is currently on a downtrend and its immediate up target is around 329. please be cautious with your position. no immediate threat to you since it's major support is at 321.75 & 319.75..
koshy