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Nifty headed to 4000 - 4200Discuss Your Favourite Stocks. Talk about market buzz/rumours, stock tips, advice.
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12th June 2008, 08:40 AM
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Nifty headed to 4000 - 4200
Following is an excerpt from CLSA report of 8 June 2008:
The index (NIFTY) has attempted a rally off the lower boundary of the triangle pattern that has developed since the January lows. Nevertheless, our preferred view for this market is a retest of the August 2007 lows, around the 4,000 mark. A break below 4,448-4,500 would support this view that a decline towards the August-2007 low was underway. We would be tempted to bargain hunt in the 4,200-4,000 range. I think we need to start our own list of stocks to own in our portfolio. I would do that later today and invite everyone's comments. Paresh     
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| The Following User Says Thank You to pkapadia For This Useful Post: | ||
punnu (23rd June 2008) | ||
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12th June 2008, 09:53 AM
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Bhaisaab..... bottom line is that Arabian/Muslim countries ki karni hai ye sab.....
Can't u smell the world war around the corner....? Can clearly see the environment being developed in muslim countries against the western countries. ....
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What's considered as enough money... Just a lil' bit more.... To view links or images in signatures your post count must be 2 or greater. You currently have 0 posts. In this market, the person who makes money will be he who knows when to do nothing."
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12th June 2008, 09:57 AM
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I thnk I got a bit off-topic
__________________
What's considered as enough money... Just a lil' bit more.... To view links or images in signatures your post count must be 2 or greater. You currently have 0 posts. In this market, the person who makes money will be he who knows when to do nothing."
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13th June 2008, 09:17 AM
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Ha, ha. I think we're all nuts to be trading in these markets anyway..
 Paresh Last edited by pkapadia; 24th June 2008 at 09:27 AM. Reason: prev msg edited
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22nd June 2008, 07:08 AM
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Nifty lost over 150 points last Friday as expected. Dow also crashed below crucial 12000 line to close 220 points down at 11842. So expect further mayhem on Monday. Crude is playing jokes on everyone going up and down everyday by $3-5 almost on a whim. On a positive note: since MFs have started buying now, more buying can be expected when Sensex reaches 13700-14000 range. 14000 is just about 4% correction away so it could happen by Monday or Tuesday. But beware of bouncebacks because political news, global cues, and our inflation numbers next Friday will be catastrophic (adjusted ones will bring more bad news).
Paresh
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LinkBack to this Thread: http://www.dstreetdirect.com/stock-discussion-market-buzz/3323-nifty-headed-4000-4200-a.html
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| The BEST STOCK TIPS/INTRADAY CALLS | This thread | Refback | 14th June 2008 04:30 PM | |
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