[lambuhere1]

SGX Nifty Up 250 points. Will there be another freeze today ?

[mclarenracer]

faster it will rise in next 2 days, harder it will fall on global cues over the period of next 2 weeks. but in longer term view Indian market just became stronger than ever before. yesterday(in my opinion) was more of a short cover than new money for longer term.

[loving_alaap]

IMO, market will settle around 12K after 2 wks, following profit booking & global cues.

[ntomer]

My portfolio is in black after a looooong time - about 16-18% profit. Time to sell about half my stocks, and re-enter whenever the corrections happens.

\N

[sabret00the]

Originally Posted by ntomer

My portfolio is in black after a looooong time - about 16-18% profit. Time to sell about half my stocks, and re-enter whenever the corrections happens.

\N

Same here. It's been like after a year I'm seeing overall portfolio at xx% gain. The stocks which mainly pulled my portfolio up were:

1) Aban Offshore bought @ 233.900 and 229.000
2) Axis Bank bought @ 284.500
3) Everonn Systems bought @ 85.000
4) Jyoti Structure bought @ 76.500
5) Siemens bought @ 214.000
6) Punj Lloyd bought @ 109.650
7) Suzlon bought @ 33.700 , 33.800 and 52.100



Among the losers I'm still holding there are heavy amounts of the following stocks which is bringing my joy down a lot:

1) Ranbaxy bought @ 448.350
2) Reliance Petro bought @ 232.860

[BaCkSeAtDrIVeR]

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[SLK]

Originally Posted by sabret00the

Among the losers I'm still holding there are heavy amounts of the following stocks which is bringing my joy down a lot:

1) Ranbaxy bought @ 448.350
2) Reliance Petro bought @ 232.860

Ranbaxy MD resigns and the share goes up 20%, but still not enough to help you.

[penpavan]

So where are we headed?

Any thoughts/predictions?

[lambuhere1]

My bookish knowledge tells me that if nifty closes below 4144 or less, then we can see a target of 3800, worst case 3600, to close the gap formed when congress won the elections.

Still on fishing lines, waiting for the fish to bite

[kannan666]

Well, the Nifty has closed today at 4165.7 and the Sensex at 14,043.4, desperately hope that we will not go down too much further from here !

[UniqueMods]

Originally Posted by lambuhere1

My bookish knowledge tells me that if nifty closes below 4144 or less, then we can see a target of 3800, worst case 3600, to close the gap formed when congress won the elections.

Still on fishing lines, waiting for the fish to bite

1+.

Sensex is expected to go down further 1200 points in a week's time. then is should stabilize and follow world market trends.

Today's loss was a overachieved profit correction loss.

still -ve 860 points in one day hurts.

*** I am a active trader and not a Expert Adviser. ***

UM

[rajivanoj]

Could anyone please tell me, how to trade stock online. I want to invest money directly in stocks and earn, since i have lost my money in unit linked plans from bajaj allianz and idbi fortis, i need to trade online, but i am confused how to start and where to start.

Lots of companies to offer Demat, and brokerages, but i am confused which is best. But i know the working of stock, the thing i need to know is how to be online, individually.

[muralisk]

Originally Posted by rajivanoj

Could anyone please tell me, how to trade stock online. I want to invest money directly in stocks and earn, since i have lost my money in unit linked plans from bajaj allianz and idbi fortis, i need to trade online, but i am confused how to start and where to start.

Lots of companies to offer Demat, and brokerages, but i am confused which is best. But i know the working of stock, the thing i need to know is how to be online, individually.

You need to open a online trading account which would integrate with your savings account and demat account. I have this with HDFC Bank and HDFC Securities. I have had a great experience with them. Apart from this, you have many other options. Please explore.

Am glad that you had realized that the ULIPs are bad and are a major rip-off. Good to know that you would like to invest in equities. Having said this, I would assume that you are aware of the nitty gritties of selecting the right stock and investing in it.

I would recommend you read the following books for all you need to know about stocks and before you really put in your hard earned money:
1. "The Intelligent Investor - The Definitive Book on Value Investing" by Benjamin Graham, updated with new commentary by Jason Zweig
2. How to Think like Benjamin Graham and Invest Like Warren Buffet by Lawrence A. Cunningham
3. One Up On Wall Street by Peter Lynch with John Rothchild

[MileCruncher]

I feel the Sensex is still trading at level higher than what is justified by the present policy changes and the scenarios. Any idea by when are wee looking at any correction?

[penpavan]

Originally Posted by MileCruncher

I feel the Sensex is still trading at level higher than what is justified by the present policy changes and the scenarios. Any idea by when are wee looking at any correction?

The trend will now be mostly influenced by the global scene. The correction, if any more, should happen till another 8-10 trading sessions.