We all are now quite sure that we are going to head 5100-5200 on monday or tuesday. This is the exact point the smart players were waiting for to do profit booking.
On our terminal we could not see more than 5 orders but the FIIs & DIIs or any big players can see all the orders on their terminal (bcz they have largre quantity to sell or buy). Now they will find a good price of stock till near the bottom and then they will start selling on a big volume to get a good price. Till yesterday they could not found it much attractive or at their choice.
This is my observation (& ofcourse my wish bcz I'M HOLDING 4 LOTS of 4900 PE @58
) that we are going to see a huge sell off next week.....may be on monday 2nd half.
PAR ISKE LIYE UNHE EK BAD NEWS KI SAKHT ZAROORAT HAI...may be interest rate or roll back of stimulus package....bcz they will not start selloff without any bad news otherwise they (stock market) will lose faith of so called retail (fool) investers like us.... he he he he
rgds
abhi
@Vikas: your comments are welcome...