Aug 26, 2008

market outlook in this week (25-08-08)

Hold your short positions, till nifty reaches the 4150 and this week some technical bounce might happen and will lead to the 4450 or 4500. Use this up moves for adding more short positions. The medium term trend is positive and is valid till Nifty sustains above the 4125 and around this level trend reversal might happen which can push the indices to the 4500 level.

with thanks
be and make

10 comments:

Rajat said...

Thanks for updating the page sir.

Be and Make said...

dear Rajat - Thanks for your follow up. Please post your comments regularly.

With thanks
Be andmake

Rajat said...

Sir it would be a pleasure for me to interact with you. I am just 17 years old and have a lot to learn.
i have one question sir ,
I have 50 Rcom at 442 , bought it for short term but dont see any hope in it rising much. Can u suggest me what to do?? If it has to fall much more then i would starightaway book losses.

Thanks sir

Be and Make said...

Dear rajat – Recent times I am not tracking the telecom stocks hence I cant give you the right call. Sorry for that and my nifty call reached the T2.
Advance cheers
With thanks
Be and make

Rajat said...

No problem sir , anyways i am caught in that call. Yeah nifty reached your T2 , i took advantage and bought 11 rcapital at 1270. It didnt fall much while mkts fell.
Sir can you guide me in selling Rcapital at a good price so that i sell it before mkts fall once again.

Thanks sir

Capt Anil Sharma said...

Hi Kalyan ,
How are you ? I keep peeping in your blog as usual :-)
Thanks
Capt Anil

Rajat said...

Hi sir one more question , hope u dont mind ,

I just wanted to do a very small trade in futures. Sir , can you tell me a small summary how to purchase a nifty or mininifty lot , when to square it and what is expiry etc. As mkts nearing 4500 mark i am sure they would once again fall back so thought why not short the mkts.
I know i am too young for derivatives but just wanted to check what is Future trading???
Thanks sir

Rajat said...

Hii sir as usual waitin for your weekly tgts :)

Sir if u are on gmail or yahoo please add me if u dont mind

rajatsharma0123@gmail.com

rajat_2402sharma@yahoo.co.in

Waitin for your replies on above Q's

Thanks sir

Be and Make said...

dear capt anil - Good morning, thanks for your good words. Lacklustre august closed flat, this week is very crucial for the traders due to in this week i am expecting that market will take the directional move.
with thanks
be and make

Be and Make said...

Dear rajat – Markets are in a very crucial stage from here short term trend will emerge.
Recently some good news is coming along with the bad news hence some buying interest coming from. But, bears are having full control over the markets right now hence doesn’t trade aggressively wait for a while/opportunity. I will prefer to take long positions only after sustaining above the 4550 for couple of days.
Against the market direction I will not prefer to make any call so I will not comment to take fresh positions on any counter.
With thanks
Be and make