Sunil_1972 view on market

[sunil_1972]

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.

 

[sunil_1972]

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 period China hiked interest rate twice. India and US nil (before friday). I think the impact of liquidity drying will affect our market soon.

 

[sunil_1972]

best ever diwali for indian market
diwali wishes to everybody

 

[rajputz]

best ever diwali for indian market
diwali wishes to everybody

welcome to you....where have u been

 

[sunil_1972]

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.

 

[gb333]

hi sunil .. so u hv any idea abt my query ////
Is it good to trade commodities with RKG's online trading (WEB ) platform? Is it differ from their Equity trading platform?

 

[Prashant Patel]

Your views about Indian market?

 

[sunil_1972]

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.

 

[Prashant Patel]

I think, not fundamentally nor technically, NIFTY may go southwards after touching 6400-6500 mark!

 

[sunil_1972]

Profit booking may continue this week before starting fresh rally