dear rupesh why u r not answering my queries?
Now FIIs r also became seller now what to do do we still our positions or book profit/loss and wait for correction to happen
dear pawan,
i have told several times about mkt trgts for now 5020/4950 is crusial for nifty and for sensex 16900 / 16700 lets see what happens and one thing that i also told about stock specific moves will be thereand for upper side 17500 is key for further strenth of rally
rupesh hi
so what could happen tommorow we will stop at 4950 or go down as FIIs r now becoming net sellers from last 2 days. and they can take market to anywhere. they do not understand any kind of support level or ressistance level they just buy when they and sell when they want. I think they r the mai-baap of indian stock market . and we small investors r like noone
hi pawan, you are absolutetly right about FIIs they are realy maai baap of mkts.
tommmorow mkt will try to come back,nifty 5010,but one thing is to be thought that they were net buyers till tuesday so at levels of 17300 and how much they sell its to be watched and other thing as i said stock specific movements are also going on as the valuation gaps in large cap and mid/small caps is still wider so buying is also happening in those specific stocks .
any how what so ever correction will happen that will be only technical only and good for mkt health to avoid bubble as i told long before in my msges,and mkt is to go higher from here any how technicaly as i have given trgts for nifty and sensex nifty 7200 sensex 24000
btw i had bought ADANI ENERPRISE on ur reccomendation @ 690 and sold it today it at 720 make a profit of 5% any other exclusive pick for tommorow only one or two
see the msges on my page there are some stocks to watch and some stocks like sunil hitech/erainfra/koltepatil/ looks good i have reco that to my yahoo messenger friends
I am surprised to see the capability of many indians in predicting the index value.
As far as I know I have not come across any studies on financial market where in a magical formulae prevails.
The confidence with which your words are written here compels me to seek your help in understanding the clairvoyance.
My dear rupesh please throw light on sensex predictions?