well sudoku,..
nice onces ,.. atleast some jokes can give a little smile to bulls on this thread.
Market projections are still in negative zone. we can see more downside from here too. But one simple question to all,..
PEOPLE WANTED TO BUY STOCKS @ 21K LEVELS . AT ANY PRICE . NOW SEE THE STOCKS ,.. THEY ARE AROUND 40% OFF FROM THE HIGH,.. WHERE R THE BUYERS ??
IS ANYTHING WRONG WITH INDIA STORY ? ( i heard its still intact :O )
ARE WE REALLY NOW INTO BEAR PHAZE? ( i guess YEAH,..!! )
Does US markets & other markets affects Indian economy ? ( I think hell NO ,..!! )
Decoupling was there in indian market when we were into bull phaze for more then 3 years,..!!
Technically markets were heavily overbought so it has to come down,.. the simple law of gravity,.. the higher u go, u will fall badly.
So many TAs over here also were saying ,.. markets overbought, but no one dared to say EXIT. coz we were in the bull phaze ,..
now everyone is talking about 14k , 12k or i heard few on street its below 10k,.. some body posted sensex back in 4 figures... where were these people when market was 21k ?
With full respect to all the seniors , members , TAs and FAs,.. if any of my words above hurt anyone then he may bypass it. but please be able to digest bear phaze as well as bull phaze.
As much as i m seeing ,.. 14400 for sensex. we can see some consolidation over there ,.. adjusting of all technical indicators for stocks there. no hope till that time.
regards,..
Darsh