hi all....
this are my views in response to one of my friends here....!
as someone said"without knowledge don't comment...i please request the same.".without knowledge don't comment on others knowledge!!".....
sometimes its nice if people agree to disagree.........!!
word for word discussion /debate..........is appreciated !
was said by same..all the chartistic.indications were for rise.....see today...do charts tell a infallible story..!!!!??
every market is SLAVE TO GLOBAL MACROECONOMICAL DYNAMICS !!!!
N no analyst in world worth his knowledge... is bigger than the market itself..coz market has its own way of teaching us!!
what occupation udayan's brother has ..is not part of knowledge quotient!
nor am interested..!!
all i need is common sense ...to see a person who in all his professional integrity talks about the market in depth.............has he ever talked about particualr stock as he was pushing it ....no!! not in my 2 years of noticing him..........
we all 9 who all fraternity believes in giving stock suggestions/tips with personal noses/interests at stake.......!
if all were so good n correct n they would be millionaires n not incnbc studios everyday as a paid guest analyst!
regarding operators.(no. of fii's,hedge funds,ib units fit in this!!).....i would reserve my comment......!:wow: ...long debate ...issue!!!
regarding FII's ,i had already posted...
first of all this recent crash was not just coz of FII's.....they were integration of reasons ....global mainly n domestic that were ther cause....(COMMODITIES.,DOLLAR,OIL,emerging market bubbles..n blowout!!)
still if they are selling in the cash market...thats the biggest hit.......coz thats 100% real money ...not like the leveraged 5% margin u pay in F/O just coz u are hedging n playing with the markets....
must have heard of term ARBITRAGE...thats they did.......n by doin that they were not obliging the market......only satiating their needs n profit motives......a game ..that only large insti can play as they have the moving currency power!!!!
the blood on the cash market is felt by retail masses....who take a phyco n financial hit....!!
so fii's are like......
u bloody injure the right arm and apply medicine on left arm,does the body get into any better functionally....
as FAMOUS GUY has said....
"futures and options are the W .M .D ., weapons of mass destruction:bomb:"
regarding CNBC....again reserve my comment....:smile:
" as i say......noone has 100% fan following.....or 100% integrity ...
amazingly...............ironically ... if everyone in the stock markets was supposed to think ALIKE ...an agree as a society....then where will u get the sellers for buyers or viceversa....!! they have 2 agree to disagree fo markets to trade!!!!!
DIFFERNCE OF OPINION IS THE FUEL OF THIS ECONOMIC ACTIVITY ":) .......n it will be till eternity..!
thanks...
LH
pardon..!...............double posting...error..!!
. missed most of the days trade.....!! and
.............here it goes again:wow:
markets...fall without sense of warning.......n all i can see of global cues is that dow jones was down a whopping 180 points............now AMERICA is no india where 300-400 fall is passe n part of game..................
....the reasons may be the fear of INTERST RATE hike that BEN BERNANKE is about to undertake.....to match money supply and demand in their system.......
.some more reasons could be..
1. rupee has depreciated in last 3- 4days....lots of dollar buying
2 FII'S are selling not only in cash.......but see today..i bet they would have SOLD in F/O destructtively.
3no good demand from china coming....comodity wise.
4 emerging markets instituional pullout.......(short term may be ???)
5th world oil pressures not subsiding...(indian scene not better either?!)
6th gobal markets amidst correction....esp USA ..n east/southeast asia
7th european markets are damn volatile......
8th real estate bubble in USA...leading to false consumerism....n indebteness...(complex issue...me still learning wats this all about..)
9th FEDRATE hike due in AMERICA....atleast by 25 basis points(.25 %)
these days are really testing ....patience and composure of a investor ,trader..and most importantly a student in oneself !!!
money is lost mercilessly.......
.....and when the money involved is of your father:neutral: ....and i happen theoretically!lose innumerable thousands of it
??: ........wonder...if sooner or later ..he decides to disown me from his financials
seriously.............its becoming impossible to predict short term momentum...
and knee jerk reactions have become routine date affair....!!!
wonder if technical analysts...are still ironically....holding their heads up..in predicting todays fall......;-) ..........some modesty will do fine:)
must have a look at their facial expressions on cnbCtoday..worse than ours:)
.......
one reason that kills me ......!just heard on CNBC that fII'S are selling in emerging markets before the FIFA WORLD CUP GERMANY....:wow:
so that they can have nice long vacation.........:sneaky: :sly: ;)....
seriously funny:) .......................
don't know about the rest.....if not for my "quotational losses "(nonbooked) even i could have dared 2 head for Germany with dat money.... ??: :huh:
hope things get better.......and money does not get 'divorced ' with each subsequent trading clock tick 😃
thanks .....
LH
need some help. i know a bit about the markets but zero about futures and options can anyone please recommend some sites or books wherein i can get good understanding of such stuff. thanks.
deltoro Saysneed some help. i know a bit about the markets but zero about futures and options can anyone please recommend some sites or books wherein i can get good understanding of such stuff. thanks.
well mate....
its good that u know slightly about the market design..
Futures and Options is a complex fiancial machinery..........something which is very volatile either way.....u make huge profits n losses alike..
still my 2 cents of friendly request would be....first get grab of cash ,spot function of market...
watch CNBC religiously if u could..
..for a begginer Prassan chandra ....book.."investment abnalysis " is of great
help....follow the -5 pages of stocks in economic times.....slowly u wil grab it
the best is to track the movements...views u hear in media...n try to absorb the macro fundamentals behind it.......
read journals/perodicals on capital markets..
i learnt it this way....so i can tell my way...!
lastly..........take help of sergi's BIN and larry's PAGE(google)
..for all the things u want to know..........u will be showered with it..!!!
folow these links !!!
http://www.derivativesindia.com/scripts/index.asp
http://www.bloomberg.com/
http://www.moneycontrol.com/
http://www.equitymaster.com/tm.asp
http://www.nseindia.com/
http://economictimes.indiatimes.com/?
happy learning
thanks
LH
just 2 give an idea.......
..............such is the nerve killing volatility in market.......
down........680....bounces back 300 points .........to close finaly 380 down
.............just for instance.........one of my stock holdings
buyed on monday.....results based buy.....
tuesday was in profit of 10000..at one piont
today was making 12000 loss on that stock at 2:20pm.......
come 3:10...........and i am in 4000 profit...............!!!?.intra day swing of 10%........instabilty at its best.....
16000 rs of bottom top gyration.......in 50 min...that also just on one stock..
what the heck would be happening to HNI'S whose portfolio runs into lacs.. n more.............
its unbelievably crazy............!!!!
traders must be getting killed either ways......!!
LH
Lets analyze today's market
The Sensex ended the day with losses of 388 points after crashing to a low of 10112 during intra-day trades.
The market crashed by over 3.50% in tune with the other major global indices as concerns of rising interest rates in the USA
Now how the market traded today..
Nifty was down above 200 pts and the discount between nifty futures and spot price was 60Rs in the middle of the day
But where the nifty ended today???
At 3071 while the days low was 2972
Now where does the nifty future closed at 3021
So after giving a discount of almost 60 nifty future finally closed at a discount of 40 that's a good recovery isn't it?
Now nifty itself ended at 3071 covering almost 100 pts from the days low that too after 2:30 factor ok we are getting somewhere now..
Now just look at volumes and open interest
The volumes are pretty low and the open interest is also quite low compared to avg volumes traded these days..
So what dose index going down volumes and open interest also shading signifies ???
It signifies that market is expecting a bounce back
Look at the GDP no 8.4%
It's a damn big no man 8.4 signifies that we are almost looking at 8.6/8.7 with a proposed growth of 9.2.
So why my nifty will go down
Moreover
Economy in the January-March quarter grew a faster-than-expected 9.3 per cent from a year earlier, led by strong farm, manufacturing and services output, data showed on Wednesday.
The expansion rate in the fourth quarter of India's financial year, which runs from April to March, was higher than the revised October-December rate of 7.5 per cent.
The dip today was totally due to global reasons and we are a part of global entity
But if we look at growth story of India it is still greatest amoung other markets so who is going to stop us global market????
We react to global market in only 2 circumstances
1)When market is going up
2)2) when market is falling like hell that means only at the time when we are not sure of things..
But what will happen when we consolidate what will happen when the fair value will reach(which is reached)
We will fall down?
We will forget the GDP?
These are the question we need to ask to ourselves coz ans to these questions will only separate Men from Boys
Just think over buddies
And don't be surprised if we bounce back tomorrow
But that doesn't mean that we wont fall remember the record for sensex going up for consecutive days was 8 we already crossed it this month by making it 9 don't expect record to be broken every day 3 days up and one day down will you panic???
But technically there are few levels which we need to watch
For downfall: 3070. 2980 2700
For resistance: 3100.. 32003265..
And I am sure that we will reach 3200 in very shor5t span of time and 3400 is also not far away.
One more thing guys where did the nifty future ended today???
is it near 3030???? coz thats the support level of nifty....
now u understand why there should be a bounce back.....
and when nifty is is at discount and GDP figures are already out who will short???
there has to be a short coviring.... and that will surelly lift the nifty...
dont you think like that???
and yes following someone blindly will only lead you to trouble... the reason why we should watch the operators is that the stocks in news good or bad will only make difference to the market...
just look at the chart of TITAN titan was holding of both Mr mukharjee and RJ... look where it is trading now...
these are the things which we need to understand fast... and when did cnbc started giving news on titan... just recollect everything and you will come to know why it is necessary to look at positions...
i am giving you figures and facts and not talking in air nor trusting anyone blindly nor want anyone to trust me blindly... figures are there in front of you make most of it....
and dont predict things when you can be sure of it...
collect data from nse first then do the analysis...
hope now you all understand what i want to convey...
all the best... and happy trading...
Now these were few paid calls of 5paisa today lets analyse them....
14:50:03 - High risk traders Buy ACC at Rs762 with SL of Rs757 and tgt of Rs774
14:50:02 - High risk traders Buy ACC at Rs762 with SL of Rs757 and tgt of Rs774
14:39:58 - high risk trade buy patni cmp 372.5 with a sl of Rs 368 target 380 and 393 - Biren
14:38:02 - Our Ranbaxy SL triggered - Pritesh
14:16:32 - OUR Reliance call bang on tgt (943) - Pritesh
14:16:31 - OUR Reliance call bang on tgt (943) - Pritesh
13:27:22 - Short Ranbaxy at Rs403 with SL of Rs409 and tgt of Rs394 - Pritesh
13:11:57 - Our Tata Steel SL triggered
12:35:13 - Market is unable to recover despite strong set of GDP numbers, intra-day traders stick with strict stop losses
12:35:12 - Market is unable to recover despite strong set of GDP numbers, intra-day traders stick with strict stop losses
12:10:04 - High risk traders buy Tata Steel at Rs511 with Sl of Rs505 and tgt of Rs518
12:08:38 - High risk traders buy Reliance Industries at Rs929 with SL of Rs920 and tgt of Rs943 - Pritesh
10:29:57 - Sell Hindalco at Rs174 with SL 179 and tgt 165 - Deepak
1st there was selling and as the market was closing all buying why?????
now i think i have done with may job so guys use ur brain and invest properly...
And yes fior the information of few of my friends :
FIIs were net buyers in F&O; worth Rs1.44bn today....
is this the end of bull run:neutral:
0
No its not an end as i said dont expect market to go up everyday...
look at the levels the level which i am looking at is 9600-9500 market should fall to this level for fresh buying..
You might c the bounce tomorrow... as it happened early morning but as i said whether it will be able to hold on or not is the big question...
mkt may show this till 6th june...or at the max for 10 days... but after that a strong uptrend will resume...
Just write my words somewhere.. i have specified why market will bounce bak but just wait for the rt levels...once market starts heading north we should c 13000...
Its all a chain reaction.First the FII sell then there is margin pressure.The brokers sell then there is panic selling.After that there is MF selling then there is Investors who sell.again margin pressure brokers sell.This Sale is clearance sale.Ppl who can forsee or withstand all these can come out victorious.This is Stock Market.Not a place to gamble but a place to face all ups and downs.
The first lesson of Economics says : Sources limited,Desires unlimited.This is exactly what they try to describe.
just wait do not invest till we c a clear uptrend but technically we should bounce back...
eeestudent Saysit is ok to buy reliance petro@65 or wait for 60 level
You have already been advised for posting such one liner buy sell queries here. If you can contribute with some resourceful posts then do so else avoid such one liners.
Great the markets ended in a positive note recovering frm a loss of 600 points in these 2 daz. good to see share price moving up. But as the correction period is on and the FII's are selling off we can't see market moving up more but rather falling to a great extent. Today's recovery is just a small relief to the investors but the markets wil again fall on monday or tuesday which is a bit of concern. The top gainers were
maruti gaining almost 12.5%
HLL gaining 8.04%
Hindalco 7.93%
Hdfc 7%
Though some of the large caps gained but most of the mid caps were seen to be on a negative side.
Lets see how it fares on monday
It's better to play safe or rather avoid such volatile market as may be u have seen some share price moved up today but u never know the same can fall on monday
invest heavily only wen the market stabilises
Sharekhan post market report::
Market pulls back after a 3-session slump The market gained after three sessions of losses and ended firm amid an upsurge in metal, oil & gas, FMCG and auto stocks. After three consecutive sessions of losses the market bounced back sharply on the last day of the current trading week as battered heavyweights and sectoral stocks found substantial buying support. A point to note here--in contrast to the negative views expressed by a Japanese brokerage arm, one witnessed aggressive buying by a Japanese fund (supposedly belonging to the same group) that has actually seen inflows of $250-300 million over the past couple of days!! The sharp upmove in the Sensex and the Nifty was in line with the strong global indices. The Sensex, after dropping 782 points in the last three sessions, witnessed sharp volatility till mid-morning trades. After opening firm at 10105, the index tumbled to the day's low of 10011 and gyrated between positive and negative territories till mid-morning trades. The market recouped some lost ground and rallied sharply as gains in metal, auto, oil & gas, FMCG and banking stocks propelled the index to an intra-day high of 10477. The Sensex finally wrapped up the session with gains of 3.77% or 380 points at 10451, while the Nifty advanced by 4.36% or 129 points at 3091.
Surprisingly the market breadth was weak, with the losers outnumbering the gainers in the ratio of 2.96:1. Of the 2,457 stocks traded on the BSE 1,803 stocks declined, 609 stocks advanced and 45 stocks ended unchanged. All the sectoral indices ended in positive territory. The BSE Metal index led the pack and rose 4.76% followed by the BSE Auto index (up 4.20%), the BSE FMCG index (up 3.86%), the BSE Oil & Gas index (up 3.49%) and the BSE Bankex (up 2.38%). and interesting to note that japani investors entered the marketr 12000 at the high pt.... levels and yesterday they were talking of 7000 and look at this they have entered the market again....they are just disguising the retail investors u can never trust them...
victor Saysand interesting to note that japani investors entered the marketr 12000 at the high pt.... levels and yesterday they were talking of 7000 and look at this they have entered the market again....they are just disguising the retail investors u can never trust them...
yeah mate. bloody unscrupulous fellows. i wonder if there really are any experts. all of them were bullish and now all crying wolf. can be compared to cricket commentators, lavish in praise and exaggerated in criticism.
Well they r just keeping up with the winds of change.And since its totally speculation,you cant be sure totally whether its gonna be a bull run or not
market has gone totallt crazy. everyday either 300 up or down. will it break 9800 this time ?
yea markets r quite volatile n looks lik they will remain so 4 abt 2 mths from now.........some FII's r hell bent on tryin 2 but blue chips at lower levels which they call attractive.......not long time ago mkts were attractive 2 them even at 12000 levels.......however having said that mkts may kiss 9800 levels....but if thats broken then 1 cal expect the mkt to linger arnd 9000 to 10000 n then depending upon quarterly results in july ............if they r above or in line with expectations one can see a gr8 bounce back..............
however on the long term I am bullish n mkts wud reach 20k levels come 2010
well today sensex plunged . we may see fall below 9800 tommrow which will be a disaster. btw when is air deccan and unity infratech listing ?