Nifty Futures Trading

[columbus]

Re: Time to Stick my Neck Out ,Nifty 7300

really? You are happy just because we didn't have a bloodbath...yet.

One has to be insane to be bullish at this point in time (or utterly lazy). With fuel prices at $140+ a barrel, the Indian economy is headed for a crash-landing. Let that be clear.

We can expect some real bloodbath once the government loses the CONFIDENCE motion in parliament.The motion assumes significance since a faction of SP does not support it.

 

[Czar]

Re: Time to Stick my Neck Out ,Nifty 7300

really? You are happy just because we didn't have a bloodbath...yet.

One has to be insane to be bullish at this point in time (or utterly lazy). With fuel prices at $140+ a barrel, the Indian economy is headed for a crash-landing. Let that be clear.

Right now, India is in a "damned if you do, damned if you don't" kinda situation. If Chidu (fin min of India) raises prices at the pump, inflation is gonna pick up and people will revolt. If he keeps prices where they are, govt coffers are soon going to deplete. No! Govt coffers are also depleted. Basically, India will lose it's credit ratings and interest rates will skyrocket and dollar will devalue...which will be a quick-march towards a 'balance-of-payment' crisis!

I bet Chidambaram is hoping that the left pulls out support so that his govt collapses and he can walk away from all this mess. Later on, he can pontificate, "when I was finance minister, we had a glorious economy...."

At any rate, the poor sap retail investor is going to be screwed from all holes. Assets (stock markets, real estate) are going to drop precipitously, while essentials (food, gas, medicines, interest rates) are going to rise exponentially. There will be blood...of the retail investor and that of the abject poor. Famine will affect large swathes of the population. It is the poor who will be fed to the vultures. Corporations, large and small, will see red on their P/L statements.

Right now, there is a global financial war going on of epic proportions. Fundamental questions like - "can we wean ourselves out of oil?", "is fiat currency a good store of value?", "does globalization really work?", are being asked. Being on the wrong side of the trade when these questions get answered can prove to be very costly.

you seem to be "the world is ending" group guy, with a myopic stock market point of view only.... all these have come & gone several times with some worst some not... WE have & still will survive & grow... govt come & go its the indian entrepreneur which has the spirit to grow despite holocaust surrounding whenever wherever

 

[harharmahadev]

Re: Time to Stick my Neck Out ,Nifty 7300

you seem to be "the world is ending" group guy, with a myopic stock market point of view only.... all these have come & gone several times with some worst some not... WE have & still will survive & grow... govt come & go its the indian entrepreneur which has the spirit to grow despite holocaust surrounding whenever wherever

You seem to be "the world is all butterflies and roses" kinda guy...that cannot fathom why stock markets ever go down. "WE" may survive and grow...but "YOU" surely are going to lose your shirt if you don't listen to market and social forces.

 

[kkseal]

Re: Time to Stick my Neck Out ,Nifty 7300

You seem to be "the world is all butterflies and roses" kinda guy...that cannot fathom why stock markets ever go down. "WE" may survive and grow...but "YOU" surely are going to lose your shirt if you don't listen to market and social forces.

Where were you Maharaj when mkts were at 21k? At least a few came out & stuck out there necks but you were not among them.

And who needs your wretched predictions anyway? We made money when the mkts were moving up, we made money on the way down & we will continue to trade & make money to the best of our capacities wherever the mkt goes from here.

And i do not figure among the best There are traders here with a lot more experience & skill than i have (or ever will have) So if i'm making some money then they must be doing at least 10 times better.

And you have the audacity to call them 'clueless'?? You criticize a person who has raised a family through trading; something a sundry blog writer like you can't even dare to attempt in your dreams.

And its not that as traders we are oblivious to the global environment. We know very well where the headwinds are, where the risks emanate from - the perils & pitfalls of commodity & financial mkts. There are plenty of eminent professionals who have been enlightening us on these subjects - people with much better credentials than some Harharmahadev. We are not uneducated We have the education & acumen to understand what they say and as such we are aware of the risks; your nonobjective clichematic 'running commentary' (that too after mkts have fallen 40%) adds nothing to our awareness. If anything you & your clan serves one purpose - that of being good contrarion 'indicators'.

It seems your banal blog lacks viewership - which is why you're trying to stir up a hornet's nest here.

 

[kkseal]

Re: Time to Stick my Neck Out ,Nifty 7300

Kalyan i disagree,few shayaris are superb.

Yeah, to be fair, they are

But you do know the saying about too much of anything ...

Having said that, i am a lover of ghazals myself

 

[sanx]

Re: Time to Stick my Neck Out ,Nifty 7300

@kkseal ,lets respect others views and they respect ours . Keep it calm . He says something and you say something ;does not hurt each other right . .

 

[deb99891]

Re: Time to Stick my Neck Out ,Nifty 7300

Where were you Maharaj when mkts were at 21k? At least a few came out & stuck out there necks but you were not among them.

And who needs your wretched predictions anyway? We made money when the mkts were moving up, we made money on the way down & we will continue to trade & make money to the best of our capacities wherever the mkt goes from here.

And i do not figure among the best There are traders here with a lot more experience & skill than i have (or ever will have) So if i'm making some money then they must be doing at least 10 times better.

And you have the audacity to call them 'clueless'?? You criticize a person who has raised a family through trading; something a blog writer like you can't even dare to attempt in your dreams.

And its not that as traders we are oblivious to the global environment. We know very well where the headwinds are, where the risks emanate from - the perils & pitfalls of commodity & financial mkts. There are plenty of eminent professionals who have been enlightening us on these subjects - people with much better credentials than some Harharmahadev. We are not uneducated We have the education & acumen to understand what they say and as such we are aware of the risks; your nonobjective clichematic 'running commentary' (that too after mkts have fallen 40%) adds nothing to our awareness. If anything you & your clan serves one purpose - that of being good contrarion 'indicators'.

It seems your banal blog lacks viewership - which is why you're trying to stir up a hornet's nest here.

ne person with a total posting of 9 can not let ne one down infront of others
he(they) r respected every time by us all time..
n among "US" there r many pros trading for couple of years
n they r trading for living.......n they r consistently earning ......
they r learning every day n night from their teachers....
this is a continious process of gr8 "guru sisya parampara".....
hats off to "our" teacher(s) for their continious spoon feeding.....
btw views r allways wellcome

 

[columbus]

Re: Time to Stick my Neck Out ,Nifty 7300

Have to refresh page every time to view the next post/page is any other faster way to view the post sooner it is posted??

Install FIREFOX browser.In firefox browser setting are there to RELOAD every 5 seconds,10,30,1minute,5 and 15.

For Internet Explorer users ,you can install a small utility YREFRESHER.(just google it)

 

[Czar]

Re: Time to Stick my Neck Out ,Nifty 7300

You seem to be "the world is all butterflies and roses" kinda guy...that cannot fathom why stock markets ever go down. "WE" may survive and grow...but "YOU" surely are going to lose your shirt if you don't listen to market and social forces.

that was really very funny, easy boy look b4 you leap...

 

[kkseal]

Re: Time to Stick my Neck Out ,Nifty 7300

It is once again the need of the Hour to share some info about this Gr8 Forum.
1) Name any Proffession,we have accomplised guys who are active member here.(barring filmstars & cricketers).
2) We have guys who,5 yrs back was handling Hedge Funds in Million US Dollars.
3) We have a 70 yrs trader ,trading from his District town,each day.
4)We have guys who had 1st hand experience at NYSE trading floor,how the VERY VERY HIGH Tkt traders trade,what they use,how they identify.
5) We have No. of System Traders,who are personally being contacted by Big firms from Europe to Handel their fund.
6) We have a young trader who with 60K has made above 10 Lacks in 10 months.

Most of these guys are very silent watchers.

Most of these guys probably are as clueless about the market dynamics as your technical trading calls are.

NIFTY is headed downwards in the near future, because FII interest in Indian stocks is fast dissipating along with tighter liquidity conditions.

'Buying on dips' is not a contrarian investment. I think NIFTY will be 20-40% lower from current levels before we start talking about a bottom. I have too many reasons to substantiate my claim...in case anybody cares to hear!

I have no objection to views. But look at the first line of his reply to Asishda's post. His implication is that we'd all be lost & 'clueless' if Harharmahadev had not descended from Kailash to enlighten us. And the funny thing is the 'clues' come after mkts are down 40% from the top.

And as a sample of the objectivity of his arguments, in the second line he rambles that 'FII interest in Indian stocks is fast dissipating' when the fact is a 6-7bn$ pullout out of 250bn invested - this after a 5 yr bull cycle (when even long term investors take home some profits) & in a situation where some retail capitulation is expected.

The question here is what information does such commentaries provide that we already do not know? Even newbies of this board are aware that FIIs have been net sellers in recent times (though few noticed amidst the euphoria that they had turned net sellers in Dec07 as well).

Who gave us the timely warnings? Sunil in his mkt sentiments thread, Soumya with his rising wedge chart, Amitt in his EW thread & some others with technical & fundamental views in various threads; where was Shivji at that time? And he comes in now to save the souls of retail investors & provide 'clues' to traders here? He warns of 'contrarion buying' But i wonder how many retail 'investors' are buying at this stage Have you seen any MF NFOs of late? The floodgates will open again if & when mkts reach 20k. Retail will precisely do the wrong thing - buy high & sell low like they have always done & 'guidance' from the Mahadevs will continue to foster such behaviour.

Regards