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Nifty today made low of 6039, 7 points shy of filling the gap 6032 and reversed. I think this rally do have the strength to reach 6200+. Global market in support now.

I dont know wich rate u bought. It now trading at 16. TATAMOTORS made life high of 1348 on thursday and reversed. Now 100 point below 1246. Immediate support is 1242 and then 1208. Sice Nifty retraced from 6338 to 6032 (all gains in this rally), TATAMOTORS to rest somewhere near 1175-1150. If...

Nifty just to fill the gap 6032 I said earlier. Today made low of 6056. This downtrend may stop somewhere here. I think there is a pull back next week and that will be fast and furious.

Bought HDFC@717, Nifty 6100 Call@96

Nifty 6300 put bought@88 and sold@123. Profit of 35 points.

Nifty below 6200. Buy on dip is my call.

Nifty 14 day RSI indicating need of consolidation. I think 6150-6350 is the range. Now we are sitting on the upper band. December is the financial year end for FII's and holiday of X'mas nearing. I am not in favour of an immediate upside. If it happens it may not sustain.

Profit booking may continue this week before starting fresh rally

How many years you can stay there, that is more important. I am here from 2005 May. I invested my money, others money and loan. But not saying a successful investor. I made most of my money in 2008 Jan crash with holding short positions. Lot of my friends saying it is only luck, may be...... I...

Our market needs consolidation in this range or profit booking. It is hard to tell where the top and how much correct from top. Nifty recently produced lot of 'gap' in openings. The gap began from 6032. I think this should be filled.

Out of woods for some time. Came back with COAL INDIA IPO. Applied 200 and got 100. Fantastic debute. Come to market, we are sitting on top of Himalaya. Hangseng (24876) and Dow (11444) are way below life high (31638 and 14164). Very hard to digest the talk about great Indian growth story.

best ever diwali for indian market diwali wishes to everybody

DOW still in the positive territory. I dont know how long it go.... Our market reacted to the interest rate hike proprerly. Looking at the returns produced by China, India and US, from August 2009 to March 2010, Dow +16%, Nifty +12.4% (upt to friday) and Chinese Shanghai down 11%. During this...

If Hangseng not recovered properly, our market may not hold on. Chinese market way below India and US. A recovery minus China is un realistic.

The rally started from 4675 (Feb 8 low), now reached 5269 (yesterday's high). An overall movement of 12.70% A 5% correction from here (not single day) can drag Nifty to most comfortable zone of 5000. This makes opportunity to buy stock and market to go higher levels. I think that may be the...

I said yesterday about the increase of RSI due to lack of profit booking, here come the way to materialise it. How much the fall last, that to be find out.

RBI hiked key interest rates by 25 bps. Dow trading 57 points down. What going to happen on Monday? Write your views in this thread.......

Plz post your advice in Traderji. Help everybody to minimise loss and maximise profit.

Now Suzlon become a tough call to predict. Lot of support and resistance hovering around it. I cant say anything, unless it break to a direction.

Definitely I am a 'bear'. Take my views on that basis. Waiting, waiting and waiting. I am hungry and angry for blood.