market may turn south
Helllo Sivaprakash, I read your message. You had written a similar post also so it seems a copy of that. I am confused why you have copied it to me. If you're trying to caution me about the stockmarket, I thank you. I certainly have burnt a hole in my pockets in this market. As they say, this market has two kinds of people: one with money, and one with experience. The ones with money gain experience; and the ones with experience gain money. But in these forums, we're only here to share our experience, isn't it? I hope you agree that it gives one a nice feeling to share our experiences. I am inviting you to be my friend, I hope you accept it. Later..ciao.
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Originally Posted by SIVAPRAKASH P R Now sensex is below 18000 and if 17800 is broken then chance to fall to17450, 17000, 16900 is very high If market move to a correction phase then 10-12 % fall is possible Nifty can find support around 4900-4950
Originally Posted by SIVAPRAKASH P R In current market condition i think it is better to have a hedge on all long possitions, Sensex may fall to 16900-17100 Pls comment