| View previous topic :: View next topic |
| Author |
My Nifty View and Trades |
Sun08
White Belt
Joined: 21 Aug 2017
Posts: 478
|
Post: #181  Posted: Fri Sep 20, 2019 10:42 am Post subject: |
 |
|
| Sun08 wrote: | | Sun08 wrote: | | if it's just a major technical correction, 10771 should not be hit. valuations are very cheap and strong buying may emerge as a long term investment. one can never predict the whims and fancies of the firangis. but I would rather grab good mid/small cap scrips than large cap. |
10771 was taken out. so after a technical reversal of perhaps a few hundred points, we may see fresh down move, targets being 10288/9561/9110. I don't intend to spread panic as such lower levels may not come. let's go step by step. EPA is latest by May 2020. |
Quarterly candle same as jan-march 08 candle. very painful future for next 12 months. there will be bear market rallies, some very sharp, to give hopes but my bearishness for a few months is only strengthened. two such rallies came after breaking 10771 and fizzled out. there can be more but I have no hopes. |
|
| Back to top |
|
 |
|
|
|
Sun08
White Belt
Joined: 21 Aug 2017
Posts: 478
|
| Post: #182 Posted: Fri Sep 20, 2019 11:05 am Post subject: |
|
|
| Sun08 wrote: | | Quarterly candle same as jan-march 08 candle. very painful future for next 12 months. there will be bear market rallies, some very sharp, to give hopes but my bearishness for a few months is only strengthened. two such rallies came after breaking 10771 and fizzled out. there can be more but I have no hopes. |
within few minutes of my post, a vicious rally  |
|
| Back to top |
|
|
pkholla
Black Belt
Joined: 04 Nov 2010
Posts: 2890
|
| Post: #183 Posted: Fri Sep 20, 2019 12:27 pm Post subject: |
|
|
| Sun08 wrote: | | within few minutes of my post, a vicious rally |
Why VICIOUS rally? Vicious attack means violent, bad tempered, bad intention, evil attack like vicious attack by dog with rabies
Smart Rally?
Nirmala has given a good package. Now it is upto us to take advantage
Cheers, Prakash Holla |
|
| Back to top |
|
|
Sun08
White Belt
Joined: 21 Aug 2017
Posts: 478
|
| Post: #184 Posted: Fri Sep 20, 2019 6:45 pm Post subject: |
|
|
| pkholla wrote: | | Sun08 wrote: | | within few minutes of my post, a vicious rally |
Why VICIOUS rally? Vicious attack means violent, bad tempered, bad intention, evil attack like vicious attack by dog with rabies
Smart Rally?
Nirmala has given a good package. Now it is upto us to take advantage
Cheers, Prakash Holla |
vicious also means ferocious, violent, ruthless, which it was, particularly for bears |
|
| Back to top |
|
|
Sun08
White Belt
Joined: 21 Aug 2017
Posts: 478
|
| Post: #185 Posted: Wed Sep 25, 2019 6:35 pm Post subject: |
|
|
| with such huge jump breaking all barriers, there is a need to rethink my stance. Now, as long as it doesn't close below 11110 and preferably below 11284, trend is considered to have reversed. Having said this, even if it goes up to makes a new ATH, it may still not be the beginning of a new long term bull market. That will be known perhaps earliest near year end or if it closes below 11110. Otherwise only some time next year. |
|
| Back to top |
|
|
Sun08
White Belt
Joined: 21 Aug 2017
Posts: 478
|
| Post: #186 Posted: Tue Oct 08, 2019 7:57 pm Post subject: |
|
|
| Market approaching a crucial stage. A close below 11118/09/05/11085 NS can be painful. |
|
| Back to top |
|
|
Sun08
White Belt
Joined: 21 Aug 2017
Posts: 478
|
| Post: #187 Posted: Wed Oct 09, 2019 3:41 pm Post subject: |
|
|
| Sun08 wrote: | | Market approaching a crucial stage. A close below 11118/09/05/11085 NS can be painful. |
after closing at 11126 and giving jitters, a more than 200 point jump. so far so good. |
|
| Back to top |
|
|
pkholla
Black Belt
Joined: 04 Nov 2010
Posts: 2890
|
| Post: #188 Posted: Fri Oct 11, 2019 10:35 am Post subject: |
|
|
Sun, most of my companies have given me good dividend this year. This indicates 2 things
a they are doing well enough to spare some change for their shareholders
b they are confident of the future so no need to hoard resources like kanjoos
Once FinMin initiatives pecolate thru the system, I feel we are in for another round of "up up and away"
Cheers, Prakash Holla |
|
| Back to top |
|
|
Sun08
White Belt
Joined: 21 Aug 2017
Posts: 478
|
| Post: #189 Posted: Thu Oct 17, 2019 6:37 pm Post subject: |
|
|
| tmrw may be a temporary top, if not already done today. |
|
| Back to top |
|
|
Sun08
White Belt
Joined: 21 Aug 2017
Posts: 478
|
| Post: #190 Posted: Fri Nov 08, 2019 7:42 pm Post subject: |
|
|
| I expect a new high next week before a "crash". |
|
| Back to top |
|
|
Sun08
White Belt
Joined: 21 Aug 2017
Posts: 478
|
| Post: #191 Posted: Wed Nov 13, 2019 6:47 pm Post subject: |
|
|
| Sun08 wrote: | | I expect a new high next week before a "crash". |
looks like it was a hasty thought. now it becomes very tricky. if nifty sustains below 11800, future can be bleak. bullish only if it sustains above 12000. hopes still alive for bulls. |
|
| Back to top |
|
|
Sun08
White Belt
Joined: 21 Aug 2017
Posts: 478
|
| Post: #192 Posted: Fri Nov 22, 2019 8:15 pm Post subject: |
|
|
| Both nifty and bank nifty are narrow range weeks in many months and hence very big move expected next week, which is crucial for market prospects. A close above/below 12013/11840 next week should tell us. |
|
| Back to top |
|
|
Sun08
White Belt
Joined: 21 Aug 2017
Posts: 478
|
| Post: #193 Posted: Mon Nov 25, 2019 6:59 pm Post subject: |
|
|
| Sun08 wrote: | | Both nifty and bank nifty are narrow range weeks in many months and hence very big move expected next week, which is crucial for market prospects. A close above/below 12013/11840 next week should tell us. |
today did the trick. but will it last long? end of week should tell us. |
|
| Back to top |
|
|
Sun08
White Belt
Joined: 21 Aug 2017
Posts: 478
|
| Post: #194 Posted: Wed Nov 27, 2019 5:50 pm Post subject: |
|
|
| an all time close gives hopes, at least in short term. |
|
| Back to top |
|
|
Sun08
White Belt
Joined: 21 Aug 2017
Posts: 478
|
| Post: #195 Posted: Wed Dec 04, 2019 6:30 pm Post subject: |
|
|
| Sun08 wrote: | | an all time close gives hopes, at least in short term. |
I am not convinced nifty will continue to go up. one more high perhaps but I am expecting a sharp fall in Dec, starting any day. |
|
| Back to top |
|
|
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
