Sagi's Calls on Nifty

[milindkuyilan]

Dear Sagi,
As always yo leave me speechless... what can i say m actually speechless. just want to leave a thank you note for My Buddy YASIR ( bhai jaan sorry for the thank you ( For yasir ) ) ..... without him i would never have known the genius... about you.... you are a genius.... congrats in advance coz i know the nifty will hit you target before end of August. ( Much before that i am dead sure )

 

[MAGNET MAN]

hi milind, hi sagi

hi milind ,hi sagi
its amazing to see that ur every tgt of nifty has been achieved and i am dead sure too that it will achieve 4670 too.
if u wud have written 4750 or 4820 or 4910 or 5000or 5250 or 5420 , then also i wud have been dead sure that ur tgt will achieve because we r in bull mkt. for past 10 to 12 years
according to rakesh jhunjhunwala nifty will hit 6500 by the 2010 and i am dead sure there also that it wud be achieved.

but the real question is where r the correction which will take place in this journey.
i am not criticising u but i am telling that whatever u tell will achieve but i would be more happier if u can post time to time that when it will correct.
i hope u understand what i am saying

for ex one can say invest in infosys rcom, reliance, they r going to touch the level 2500, 650,2000. and here also i am dead sure that they will achieve these tgt sooner or later.
i hope u take all these things in a healthier way.
but if u r a true techician then please post the correction in between also

warm regards
magnet man

 

[sagi.thediceman]

Re: hi milind, hi sagi

hi milind ,hi sagi
its amazing to see that ur every tgt of nifty has been achieved and i am dead sure too that it will achieve 4670 too.
if u wud have written 4750 or 4820 or 4910 or 5000or 5250 or 5420 , then also i wud have been dead sure that ur tgt will achieve because we r in bull mkt. for past 10 to 12 years
according to rakesh jhunjhunwala nifty will hit 6500 by the 2010 and i am dead sure there also that it wud be achieved.

but the real question is where r the correction which will take place in this journey.
i am not criticising u but i am telling that whatever u tell will achieve but i would be more happier if u can post time to time that when it will correct.
i hope u understand what i am saying

for ex one can say invest in infosys rcom, reliance, they r going to touch the level 2500, 650,2000. and here also i am dead sure that they will achieve these tgt sooner or later.
i hope u take all these things in a healthier way.
but if u r a true techician then please post the correction in between also

warm regards
magnet man

HI m

Yes YOU are worried about correcttion as everyone else is .

I am also watching nifty closely for any sign of weakness and as soon as I detect one , I will definitely share the same with you all.

Actually the puts have reduced and calls have remained flat, revealing bullishness. Therefore as of now the Nifty is on bullish track and I wish to give the higher target towards the level u mentioned in your post , but I wish to be cautious , because small investors may get hurt. So I like to go step by step.

And this is the first time in my calls , I am asking everyone to play with a strict trailing stop loss, because the nifth may be very volatile till expiry of F&O.



sagi.

 

[MAGNET MAN]

thanks for taking in a healthier way
and i expect whenever u feel that there is correction in coming time u will share with us.
shud i hope na.

warm regards
sagi oh sorry!
magnet man

 

[milindkuyilan]

Dear Sagi,
Am a novice in TA i see the nifty quiet high above the 5 dma and might come down and i will buy cheap calls after that.

 

[sagi.thediceman]

Dear Sagi,
Am a novice in TA i see the nifty quiet high above the 5 dma and might come down and i will buy cheap calls after that.

Since u know TA, u can keep a watch on Ma3,. when price falls below that, u get the first warning signals and Ma5 will confirm the fall. But The fall is so quick that one cannot easily exit postion, if you are long.

As of now the nifty is bullish and looks strong.


sagi

 

[milindkuyilan]

Dear Sagi,
if we have ma3 and ma5 for supports what would you look at on the upside ( resistance )

 

[milindkuyilan]

from one of ur threads i dont remember which one i m sure there will be traders who wil try and take it below that to shake off the weak hands.i think it was on the thred where someone mentioned stop loss.

 

[sagi.thediceman]

Dear Sagi,
if we have ma3 and ma5 for supports what would you look at on the upside ( resistance )

HI


around 4811, but be careful, when u climb a tree and as you reache higher and higher , the chances of falling are more. Now on wards adopt strict stop ltrailing stop loss and protect the profits.



sagi

 

[sagi.thediceman]

dear sagi
congratulations sir for Nifty overshot you target of 4590 and touched 4600 at 10.30 am as I type this message, great call. I am sure the last leg of this bull run will see some euphoric buying and newer highs will be made, so being optimistic in short term,
regards,
drsmathew

HI DR

My new target has been posted.

Thanx for your message

sagi