Be careful Guys (1)

Stockmate · 1 Be careful Guys (1) Fri Dec 23, 2011 11:03 am

Stockmate

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Chart here: https://i.servimg.com/u/f46/16/66/37/07/nextre10.png

Some people seem to be very happy about the movement. I strongly say that this is not a time to be so happy but to be careful and extra-vigilant. The short bear market resistance at 5900 level has been clearly broken by now. But there is a strong resistance area at 6450 -a550 range. (Orange circle)To break that we need big money. Still this is a retailer driven rally. If we get big money in coming weeks that resistance can be broken triggering a real bull run. For that we need above 2500 M daily turnover. Still we do not have such big money inflow.
So be careful. Wise men will know what to do.

Last edited by Stockmate on Fri Dec 23, 2011 1:59 pm; edited 1 time in total

mra · 2 Re: Be careful Guys (1) Fri Dec 23, 2011 11:06 am

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you are absolutely correct.

bakapandithaya · 3 Re: Be careful Guys (1) Fri Dec 23, 2011 11:10 am

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@Stockmate wrote:Chart here: https://i.servimg.com/u/f46/16/66/37/07/nextre10.png

Some people seem to be very happy about the movement. I strongly say that this is not a time to be so happy but to be careful and extra-vigilant. The short bear market resistance at 5900 level has been clearly broken by now. But there is a strong resistance area at 6450 -a550 range. (Orange circle)To break that we need big money. Still this is a retailer driven rally. If we get big money in coming weeks that resistance can be broken triggering a real bull run. For that we need above 2500 M daily turnover. Still we do not have such big money inflow.
So be careful. Wise men will know what to do.

pls b positive

aj · 4 Re: Be careful Guys (1) Fri Dec 23, 2011 11:11 am

aj

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Fully trying to keep the index going up. Now the main contributor is CARS.

Stockmate · 5 Re: Be careful Guys (1) Fri Dec 23, 2011 11:23 am

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@ bakapandithaya
We can not be positive over matters we can not control.
If you can control X as you wish you can be positive about X
If you can not control X you can not be positive over X. You have to wait till X itself turns positive.

cseguide · 6 Re: Be careful Guys (1) Fri Dec 23, 2011 11:34 am

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@Stockmate wrote:Chart here: https://i.servimg.com/u/f46/16/66/37/07/nextre10.png

Some people seem to be very happy about the movement. I strongly say that this is not a time to be so happy but to be careful and extra-vigilant. The short bear market resistance at 5900 level has been clearly broken by now. But there is a strong resistance area at 6450 -a550 range. (Orange circle)To break that we need big money. Still this is a retailer driven rally. If we get big money in coming weeks that resistance can be broken triggering a real bull run. For that we need above 2500 M daily turnover. Still we do not have such big money inflow.
So be careful. Wise men will know what to do.

when the market is close to 8000 If you mentioned this we can accept. But now the market is just above the bottom line. So there is a saying " padurae inna miniha bimatta wattanae nae"

Stockmate · 7 Re: Be careful Guys (1) Fri Dec 23, 2011 11:41 am

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cseguide
My deepest sympathy
No arguments

mra · 8 Re: Be careful Guys (1) Fri Dec 23, 2011 11:45 am

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when the market is close to 8000 If you mentioned this we can accept. But now the market is just above the bottom line. So there is a saying " padurae inna miniha bimatta wattanae nae"

padurae pathhe walak thiyanewadah kiyala harela balanne puthe. haranegotome walete wettente apa..lol

Stockmate · 9 Re: Be careful Guys (1) Fri Dec 23, 2011 11:53 am

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Cseguide
If the support line( Green line) in this chart is broken you lose the mat too.
Then you will have to sleep in a ditch
Chart: https://i.servimg.com/u/f46/16/66/37/07/nextre10.png

cseguide · 10 Re: Be careful Guys (1) Fri Dec 23, 2011 11:56 am

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@mra wrote:when the market is close to 8000 If you mentioned this we can accept. But now the market is just above the bottom line. So there is a saying " padurae inna miniha bimatta wattanae nae"

padurae pathhe walak thiyanewadah kiyala harela balanne puthe. haranegotome walete wettente apa..lol

Stock market is a place where always risk is associated." Higher the risk higher the gain "
Risk averse people will not be successful in stock market. And also a saying that "panditayata edanda yanda bae"
To be a winner you should take calculated risks.

mra · 11 Re: Be careful Guys (1) Fri Dec 23, 2011 12:04 pm

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@cseguide wrote:

@mra wrote:when the market is close to 8000 If you mentioned this we can accept. But now the market is just above the bottom line. So there is a saying " padurae inna miniha bimatta wattanae nae"

padurae pathhe walak thiyanewadah kiyala harela balanne puthe. haranegotome walete wettente apa..lol

Stock market is a place where always risk is associated." Higher the risk higher the gain "
Risk averse people will not be successful in stock market. And also a saying that "panditayata edanda yanda bae"
To be a winner you should take calculated risks.

athekote padurae inne miniha bimatta novi walate wettende puluwang=higher risk Very Happy

cseguide · 12 Re: Be careful Guys (1) Fri Dec 23, 2011 12:12 pm

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@mra wrote:

@cseguide wrote:

@mra wrote:when the market is close to 8000 If you mentioned this we can accept. But now the market is just above the bottom line. So there is a saying " padurae inna miniha bimatta wattanae nae"

padurae pathhe walak thiyanewadah kiyala harela balanne puthe. haranegotome walete wettente apa..lol

Stock market is a place where always risk is associated." Higher the risk higher the gain "
Risk averse people will not be successful in stock market. And also a saying that "panditayata edanda yanda bae"
To be a winner you should take calculated risks.

athekote padurae inne miniha bimatta novi walate wettende puluwang=higher risk

That is why I ask you to take calculated risk. First you calculate the risk you should face. In that step you can identify " walateda wattenae bimattada wattanae" or udattada yanna

aj · 13 Re: Be careful Guys (1) Fri Dec 23, 2011 12:14 pm

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What the big players should do is get some foreign party to buy some shares of big companies. Negotiate with the foreigners give some "incentives" outside the market and get them to buy something to show the local investors that foreigners are buying. Smile

SL.Market · 14 Re: Be careful Guys (1) Fri Dec 23, 2011 12:24 pm

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@Stockmate wrote: cseguide
My deepest sympathy
No arguments

Dear STM...

Your concern good to protect some of our friends...
When we start selling some people start buying.. thats happen now and future too... then start blaming bla bla bla....
Anyway even i m positive with this uptrend i m start selling now to face the future nicely...
I m satisfied with small profits coz i need not to have big losses..

Good Luck

Stockmate · 15 Re: Be careful Guys (1) Fri Dec 23, 2011 12:39 pm

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SL.Market
May be you are seasoned enough. Good

Stockmate · 16 Re: Be careful Guys (1) Fri Dec 23, 2011 12:40 pm

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Mr broker called me and advised me to collect quickly. I said " Let's see"

FXX · 17 Re: Be careful Guys (1) Fri Dec 23, 2011 1:01 pm

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Falling wedge is a bullish pattern but like u said i also dont think ASI is strong enough to break the 6500/6600 range

cseguide · 18 Re: Be careful Guys (1) Fri Dec 23, 2011 1:14 pm

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@Stockmate wrote:Mr broker called me and advised me to collect quickly. I said " Let's see"

I never believe those people.
When lcey is below 100 I ask him to buy it. then he told me to consider GREG around 100 to buy. i told him it is overvalued and will come down. Then what he told me was" aduunoth ithin api tawath gannawa " day by day greg came down .fortunately I added further shares to my Lcey collection. eventually I dispose all my Lcey shares around 300 RS. It was originally collected me for 70 and slowly collected further until dispose all. My broker never like Lcey share.

Last edited by cseguide on Fri Dec 23, 2011 1:18 pm; edited 1 time in total

cseguide · 19 Re: Be careful Guys (1) Fri Dec 23, 2011 1:17 pm

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Now my broker may be in top 20 list of GREG

lokuayya · 20 Re: Be careful Guys (1) Fri Dec 23, 2011 1:22 pm

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unna hetiyata mala madida?
upward movement even on thin volume is better than sliding.
it is better if this upward movement happen in thin volume.otherwise some people will get undue advantage and start dumping when market move little bit up.

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Be careful Guys (1)

1 Be careful Guys (1) Fri Dec 23, 2011 11:03 am

Stockmate

2 Re: Be careful Guys (1) Fri Dec 23, 2011 11:06 am

mra

3 Re: Be careful Guys (1) Fri Dec 23, 2011 11:10 am

bakapandithaya

4 Re: Be careful Guys (1) Fri Dec 23, 2011 11:11 am

aj

5 Re: Be careful Guys (1) Fri Dec 23, 2011 11:23 am

Stockmate

6 Re: Be careful Guys (1) Fri Dec 23, 2011 11:34 am

cseguide

7 Re: Be careful Guys (1) Fri Dec 23, 2011 11:41 am

Stockmate

8 Re: Be careful Guys (1) Fri Dec 23, 2011 11:45 am

mra

9 Re: Be careful Guys (1) Fri Dec 23, 2011 11:53 am

Stockmate

10 Re: Be careful Guys (1) Fri Dec 23, 2011 11:56 am

cseguide

11 Re: Be careful Guys (1) Fri Dec 23, 2011 12:04 pm

mra

12 Re: Be careful Guys (1) Fri Dec 23, 2011 12:12 pm

cseguide

13 Re: Be careful Guys (1) Fri Dec 23, 2011 12:14 pm

aj

14 Re: Be careful Guys (1) Fri Dec 23, 2011 12:24 pm

SL.Market

15 Re: Be careful Guys (1) Fri Dec 23, 2011 12:39 pm

Stockmate

16 Re: Be careful Guys (1) Fri Dec 23, 2011 12:40 pm

Stockmate

17 Re: Be careful Guys (1) Fri Dec 23, 2011 1:01 pm

FXX

18 Re: Be careful Guys (1) Fri Dec 23, 2011 1:14 pm

cseguide

19 Re: Be careful Guys (1) Fri Dec 23, 2011 1:17 pm

cseguide

20 Re: Be careful Guys (1) Fri Dec 23, 2011 1:22 pm

lokuayya

21 Re: Be careful Guys (1)

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