Market Forecast

Is this thread useful for you for deciding trading strategies?

  • Total voters
    26
  • Poll closed .
K

koshyssj

Member
#211
#211
Market Forecast for 06.07.07

Listing day of Mega IPO DLF made the markets highly volatile and it corrected heavily. But later, the bulls regained their lost ground and covered almost all losses. I still beleive that the market is in a rangebound stage and selling at lower level seems to be expensive for retail investors.. dont get panic is the mantra for the time being.

Today, market will open flat or positive and remain long above 4350 with SL 4335 for a tgt of 4385-4399. If it breaks and sustain below 4345 keep short with SL 4360 for tgt 4312-4302. Be careful with the positions and dont sell in panic. Traders, trade intraday and mint money... keep smiling:):)
 
M

munnakv

Member
#212
#212
koshyssj,
Now that sensex touched 15,000 mark, what are your views on the sustainability for the next one week above 15000. When in your opinion will the market start correction? (I assume there will be correction... sooner or later).

Thanks and regards,

munna
 
M

MAGNET MAN

Member
#213
#213
hi dear khoshy,

i have seen ur posts and u have written that mkt. has a tgt of 4500+
but according to me, its time for a deep correction.
if u want to share, i wud love to know that acoording to u when correction will start after 4500+ or in extreme short term.

warm regards
magnet man
 
K

koshyssj

Member
#214
#214
MAGNET MAN said:
hi dear koshy,
i have seen ur posts and u have written that mkt. has a tgt of 4500+
but according to me, its time for a deep correction.
if u want to share, i wud love to know that acoording to u when correction will start after 4500+ or in extreme short term.

warm regards
magnet man
Click to expand...
dear magnet man
thanks for your opinion. as i said earlier, the nifty is supposed to touch 4500+ in the near future and i think there is no immediate threat of a great correction. These all things will happen only if the market shows enough strength. The market is lacking volumes and this worries me a lot. Actually the market is now in a dilemma...and it will take a two to three days for the market to decide its way.
nifty is facing a stiff resistance at 4385 and if it closes above that consecutively for the next three days,the nifty will touch 4455 very soon and expect a mild correction there. after the correction, it will zoom...
your view points are extremely solicited......
warm regards
koshy
 
K

koshyssj

Member
#215
#215
munnakv said:
koshyssj,
Now that sensex touched 15,000 mark, what are your views on the sustainability for the next one week above 15000. When in your opinion will the market start correction? (I assume there will be correction... sooner or later).

Thanks and regards,

munna
Click to expand...
dear munna
i agree that correction is on the anvil, but not now. the sensex is still bullish and dont expect a huge correction in the near future. please wait for a clear market direction to emerge. presently it is range bound and expect only a minor correction to come. dont panic when the market shows downtrend. it will be a bull trap..trade cautiously...
regards
koshy
 
K

koshyssj

Member
#216
#216
Market Forecast for 09.07.07

Market touched life high with the help of tech stocks and market is currently inching towards 15400 /4450.. keep watching for wrong sentiments or bad news. till then, the bulls are in control of the situation..

Tommorrow, market will open flat or positive and remain long above 4377 with SL 4360 for a tgt of 4420-4435. If it breaks and sustain below 4369 keep short with SL 4385 for tgt 4320-4280. Be careful with the positions and dont sell in panic. Traders, trade intraday and mint money... keep smiling always:):):)
 
K

koshyssj

Member
#217
#217
Market Forecast for 10.07.07

Investors shown fresh buying in some heavy weights and the market is now poised to touch 4450+ levels in a day or two. The major worry is that the volume in the market is drying up and any wrong news will affect the market badly. Every one has to be extra cautious in the market..

Today, market will open flat or positive and remain long above 4413 with SL 4400 for a tgt of 4435-4451. If it breaks and sustain below 4408 keep short with SL 4427 for tgt 4390-4375. Be careful with the positions and dont sell in panic. It's better to trade intraday and mint money... :):)
 
Last edited:
K

koshyssj

Member
#218
#218
Market Forecast for 11.07.07

Profit booking and shorting at higher levels is seen yesterday ahead of the results of tech major infosys which will be declared today, in anticipation of a market crash. It is not safe to buy fresh longs now as the market is poised for a good correction at any moment. Also dont short blindly in the breakout scrips.

Today, market will open flat or positive and remain long above 4410 with SL 4395 for a tgt of 4430-4451. If it breaks and sustain below 4408 keep short with SL 4427 for tgt 43982-4365. Be careful with the positions and dont sell in panic. Trade wisely....:)
 
You must log in or register to reply here.
Thread starter Similar threads Forum Replies Date
R fundamental analysis to forecast forex markets General Trading & Investing Chat 1
Capitalcore Daily Market Forecast By Capitalcore Technical Analysis 43
J Global Market Astro's innovative and accurate forecasts Introductions 2
Nehal_s143 Forecasting Market Reversal Advanced Trading Strategies 10
D Market forecast for April 2014 Position Trading 7

Similar threads