Watch out Bears!!!!

Now for something totally different...

After a nice 3-day break, here I am. Feeling fresh and carefree, I stick my neck out quite a bit and say...

Watch out for a fantastic rebound near 4300-4350 levels of Nifty lifted by IT sector, Banks and Oil&Gas stocks. Get out of Put options as they are also losing time value. IT will be backed by a strong US dollar. We are poised to leap up to 5000 levels of Nifty. I think the punters are ready with cash to pull this market up very very soon. Next week will be crucial for Bulls.

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Paresh
If people put you on the SPOT, ask about FUTURE, and give you no OPTION;
just tell'em "the LONG & SHORT of it is How to Make Money!"
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Yup, lets hope for a fantastic comeback rally... but lets not forget the Inflation figures which came on Thursday evening couldn't impact the market that much on that day (Markets were down on speculation, and the figures were even worst), so may be the first half is dominated by the bears and the second half by bulls..... what do u say?
(I'd be happy if I'm wrong...)

Bye...

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What's considered as enough money... Just a lil' bit more....
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“In this market, the person who makes money will be he who knows when to do nothing."

Punnu, I thought you were bang on target with my thinking. But today Sensex has broken the crucial level of 14360. For now, bears have won. Bulls are exhausted. Sensex is destined to waffle between 12500 and 15500 for a few more months. The inflation numbers have spooked the bulls with oil shooting up to nearly $117 (now hovering around $116) in a hurry. Man, just when I thought things were picking up...

KSOILS and DISHTV were zooming in the morning only to be deflated by afternoon. Now it's a doomsday scenario everywhere. Apart from CAIRN and RANBAXY (ABB is just Rs. 1.60 plus right now), all other 47 Nifty stocks are in the RED. (just trying to put some cheer with colour). Say Adios to Bulls and Bienvenido to Bears.

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Paresh
If people put you on the SPOT, ask about FUTURE, and give you no OPTION;
just tell'em "the LONG & SHORT of it is How to Make Money!"
To view links or images in signatures your post count must be 2 or greater. You currently have 0 posts.