Stocks To Keep A Close Eye On
- Thread starter SavantGarde
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Chaitanyagoa ji what you think about it ?
I bought 5000 shares of Cholamandlam DBS on 15/02/2010 at Rs. 65 per share !!! What u think i should book profit or momentum is still upward in this share !!!
I bought 5000 shares of Cholamandlam DBS on 15/02/2010 at Rs. 65 per share !!! What u think i should book profit or momentum is still upward in this share !!!
It looks good though!!!! Why?... See the charts... this stock was nicely holding up when the markets were falling apart last week.....:thumb:
There Is Much Being Written About Downside To Our Markets With Various Reasons Being Provided By Each Author.
The Way I See It.....
FEAR - Has Been Created...Where Those Who Have Created The FEAR Accumulate...& Edge The Market Up...Slowly At First....Eventually FEAR Will Be Replaced By GREED That Is When One Shall See Frenzied Up Move....
In My Opinion.....Market Will Move Up....Occasional Downside Is Created To Keep The Small From Participating...Due To FEAR.
Happy & Safer Investing
SavantGarde
The Way I See It.....
FEAR - Has Been Created...Where Those Who Have Created The FEAR Accumulate...& Edge The Market Up...Slowly At First....Eventually FEAR Will Be Replaced By GREED That Is When One Shall See Frenzied Up Move....
In My Opinion.....Market Will Move Up....Occasional Downside Is Created To Keep The Small From Participating...Due To FEAR.
Happy & Safer Investing
SavantGarde
Totally agree with U sirjiii.... I am also buying on every dip....
ALL the banks, IT companies, Auto and Reliance are finding great support ... at the current levels
Also the small fall in our markets come very late in the day ... One reason can be profit booking and the other can be that the Intra-day traders squaring their positions....... I think we will take out the 5400 this time.....
ALL the banks, IT companies, Auto and Reliance are finding great support ... at the current levels
Also the small fall in our markets come very late in the day ... One reason can be profit booking and the other can be that the Intra-day traders squaring their positions....... I think we will take out the 5400 this time.....
Agree in part...But the concerns are quite valid with the europe crisis.Also US is yet to hike rates.
The buying at higher levels is paltry whereas every fall is with huge volume.
The 180 point surge in 1 day had volumes which were laughable(200ish crores of buying in cash that day by FII`s).VIX at all time lows means topping out scenario.
But who cares about the markets as long as people keep booking profits....
The buying at higher levels is paltry whereas every fall is with huge volume.
The 180 point surge in 1 day had volumes which were laughable(200ish crores of buying in cash that day by FII`s).VIX at all time lows means topping out scenario.
But who cares about the markets as long as people keep booking profits....
At first the U S, then the EU, Dubai, then again Greece.Now it will be the turn of China and after that India to have their part of role to play to fell the markets.5000.....4800 and 4300 are the levels to be watched for the medium term.This is what i personally feel.The market on 11.05.2010 went up by 550points in BSE.But, FII &DIIs bought only 20cr each.Then whose euphoria drove the market by 550 points?
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