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23rd June 2008, 07:06 PM
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Down slide continues...........
we may witness volatility and market may trade in a range
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Money management comes in place before Trade then only Trade management left with you.Just like you prepare your suitecase before boarding the train.Once you are on board it's just a matter of time where to jump out of the train. Last edited by sujandesai; 7th July 2008 at 07:27 PM.     
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24th June 2008, 07:01 PM
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Down slide continues on fifth day...........
Today Nifty made another new low of the year and closed first time in this year below the psychological level of 4200.
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Money management comes in place before Trade then only Trade management left with you.Just like you prepare your suitecase before boarding the train.Once you are on board it's just a matter of time where to jump out of the train. Last edited by sujandesai; 7th July 2008 at 07:27 PM.
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26th June 2008, 08:39 PM
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Short covering rally continues...........
Today was a volitile day . It was a roller coaster ride, after opening firm Nifty traded in arange of 42230 and 4290 and in the last hour of trade some short covering saw Nifty closing above 4300. Market completed ignored the weak opening of European market. The discount in July series indicates there are still huge shorts in the system.It seems bear will not let go of their grip easily. RIL had a decent gain with very high volume and this coupled with last hour surge in IT stocks saw Nifty closing above 4300. Fertiliuzers stocks also surged up on account of declaration of new policy by the Goverment.
Tomorrow is again an eventful day because of coming out of data on Inflation figures.And these figures may decide the next course of action.
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Money management comes in place before Trade then only Trade management left with you.Just like you prepare your suitecase before boarding the train.Once you are on board it's just a matter of time where to jump out of the train.
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30th June 2008, 09:16 AM
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What happened....Please update daily...
whats the bottom of Nifty and when can start buying?
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30th June 2008, 06:02 PM
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Carnage continues ...........
The first week of the day followed the old market saying ' Bad Fridays have bad Mondays.'
Today we saw the comp-late destruction of bulls by the strong bears.Bank, Realty, Auto, Power, Capital Goods, and Oil and Gas - no sector was spared. Market witnessed heavy sell off in the second half of the session on account of rising crude oil prices and political uncertainty. Both domestic and global events played havoc with the market and at the end Nifty was barely managed to close just above the psychological support level of 4000. These are not good times to enter the market as there are lots of global variables which can not be controlled by taking steps at domestic levels.
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Money management comes in place before Trade then only Trade management left with you.Just like you prepare your suitecase before boarding the train.Once you are on board it's just a matter of time where to jump out of the train.
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2nd July 2008, 01:29 AM
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Market has not shown any sign of bottoming out.
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Money management comes in place before Trade then only Trade management left with you.Just like you prepare your suitecase before boarding the train.Once you are on board it's just a matter of time where to jump out of the train. Last edited by sujandesai; 7th July 2008 at 07:27 PM.
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| The Following User Says Thank You to sujandesai For This Useful Post: | ||
pkapadia (2nd July 2008) | ||
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3rd July 2008, 09:33 AM
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A good rally , will it sustain ?...........
How long this rally will last is remains to be seen. Global cues as well as domestic conditions are still hazy.
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Money management comes in place before Trade then only Trade management left with you.Just like you prepare your suitecase before boarding the train.Once you are on board it's just a matter of time where to jump out of the train. Last edited by sujandesai; 7th July 2008 at 07:28 PM.
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3rd July 2008, 06:30 PM
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The good rally could not sustain for a day...........
The markets have not bottomed out yet.
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Money management comes in place before Trade then only Trade management left with you.Just like you prepare your suitecase before boarding the train.Once you are on board it's just a matter of time where to jump out of the train. Last edited by sujandesai; 7th July 2008 at 07:29 PM.
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7th July 2008, 09:05 PM
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IT sector showed some strength. Overall it was another day of weakness where we saw that markets failed to have a strong pull back rally inspite of very strong opening today
__________________
Money management comes in place before Trade then only Trade management left with you.Just like you prepare your suitecase before boarding the train.Once you are on board it's just a matter of time where to jump out of the train.
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10th July 2008, 10:32 PM
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A flat closing with volatility...........
It was a day full of volatility and choppiness. Market was expected to open in negative on the cues that US markets made a new low. Market did not tank much at the opening and soon recovered. Markets moved in a narrow range and 4100 acted as 'Lakshamn Rekha' for bulls and bears. This is now a crucial support. The sharp fall in US market and negative opening of European market did not result in major sell off.
Market ended on the flat note as participants are cautious ahead of Infosys result and Inflation data. If this rally is able to sustain above 4100 it may take us to 4350.Next few weeks are going to be crucial.
__________________
Money management comes in place before Trade then only Trade management left with you.Just like you prepare your suitecase before boarding the train.Once you are on board it's just a matter of time where to jump out of the train.
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