Panic Selling Expected- Black Monday on 9th July 2008

Anid_007 wrote:

Hi,
This is exactly what I expect tomorrow morning. Asian Market will surely add
fuel to looming negativity to Indian Share market. Expect a big gap down
opening- a small and temporary recovery and by closing a big landslide. May be
the time is coming near when the eager buyers can start looking for their prey.

Small and Midcap will show some resilience in the Market and later on they will
follow the trend as well.

If you can, go short on Nifty in morning look for a level of 4450 to sq up. Don’t
buy anything on Secondary Equity (cash ) market.

Regards,
Anid

SGX nifty -138 and its around 4500

Don't buy anything today--The pullback rally wont last this time--more downslide left..Keep holding your guns..dont fire!!

Regards,
Anid

Looks like another black day today, i expect a -150 for Nifty today.

hi wildlife,

wat is plling nifty down today....

so can we expect 4200 to be triggered......

FII's are still selling and oil prices keeping global sentiments down, I beleive if Nifty closes below 4445 today can expect 4200 easily in a week.

Anid might give a better answer, this is just my view.

lets hope it to happen, so that we can enter at those levels(4200)....

but the sad thing is, in this kind of market even that is expected to break... and can go till 4000....

4000 will be my watch if it comes there i am going to dump my penny...... no matter even if it goes below that later.....

Hi Anid,
When should we start buying ? Is more downfall expected ?

Thanks,
Miththoo

Well in my opinion, Markets got bottomed out on Thursday.

But We may see volatility on expiry, But i expect a good bounce back in July, the month in which i have my birthday

arnav_rulz wrote:

Well in my opinion, Markets got bottomed out on Thursday.

But We may see volatility on expiry, But i expect a good bounce back in July, the month in which i have my birthday

Well, The Pull-back Rally showing more steam than what I expected. But don't ride this horse now..Looks like we may have U turn soon before 26th June 08, may be the safest time to jump in.

Regards,
Anid

Anid_007 wrote:

arnav_rulz wrote:

Well in my opinion, Markets got bottomed out on Thursday.

But We may see volatility on expiry, But i expect a good bounce back in July, the month in which i have my birthday

Well, The Pull-back Rally showing more steam than what I expected. But don't ride this horse now..Looks like we may have U turn soon before 26th June 08, may be the safest time to jump in.

Regards,
Anid

Well yeah in some kinda ways i agree with you, like im also scared of shaarp pulll back rallies, but this time looks different as all the stocks are beaten down to the lowest levels.

So according to rise im seeing in the mid/small cap space right now, i think now even if the market goes a bit down again, these stocks would still remain above thursday's lows and maybe even today's price.


Adv tax Numbers are good, monsoon is fine, crude is settling set to fall,

Only expiry & Political Senario could be in harms way.


In july we are getting results and im expecting some sharp moves in the stocks now,atleast result oriented.


Thus a bit risky investors should step in, Buy the stocks that havent risen yet cause according to me now everyday ull find newer stocks surging up 10-20%.

Shuffling portfolio should/could give you great returns from now acc to me.


Cheers

Well Looks like market is following our expectation. This may be final downside before a rally in July. So get set ready.


Regards,
Anid

Hi All,
Well jumping into this wild river needs some daring and courage!! R u on for it? If yes

Start buying on Monday by 3-20 pm India time, just 10 minutes before the market close. I feel on Monday market will be shedding more blood as Dow is closing on negative on Friday. Inflation figures are temporary negative point (many will disagree, but I am talking abt market sentiments) and neither Left parties has the dare to pull down the Govt as being published on Media.

July is the month of result..any value pick or the stock we have discussed on this thread - are expected to yield good 25% to 35% profit by July 08 end. So a very short term view looks good. An Exit will be advised once again by end of July 08.

Now, what to do - is your choice as its all your money honey !!

Anid's Choice for Monday--Sell out on July 30 or before (once you get a profit of 30%)
[17:05:35] Punj LLoyed
[17:05:35] anid.007 says: ABG Shipyard
[17:05:44] anid.007 says: Compact Disk
[17:06:13] anid.007 says: JP Hydro
[17:06:48] anid.007 says: Chennai Petro
[17:08:25] anid.007 says: Unitech
[17:08:26] anid.007 says: DLF
[17:09:33] anid.007 says: Bharti AIrtel
[17:12:15] anid.007 says: neyveli lignite

Regards,
Anid

Hi Anid

Well this is first time I am posting on this forum, but i am following you, since traderji days. I have monitored closely all of your's n Arnav's reccommendations, and i dont have single doubt in saying that you guyz are doing grrrr8 job here.

I would like to request you and Arnav to renew your calls on basis of priorities ....... so that we can choose few best one. We have been discussing many stocks here and i am confused to enter in which one.

personally my feeling is to enter in reliance and L&T ....... as once the market will rise, these two will shoot first.

I would like to have your views on DCM Shriram Consolidated ltd. also.

regards

Thanks Anid !!!!

Just curious , why there is no place for L&T in your calls....... I remember L&T used to your favourite sometime back....


Well i am leaving L&T now as this time i gonna follow your advise.

regards

Don't Miss out on RIL Packs..some of them are really too down.

Regards,
Anid

Buy with 50% of your total Buying quantity.

1)Intense Tech @ 31.75

2)Asian Oil @ 143

3)Ecoboard ind. @ 20

4)Pioneer Dist. @ 52



**From Reliance Pack, My pick - Reliance Comm.

cheers

bought reliance 20@ 2025 and jaiprakash hydro 200@ 50.20

regards

moodyboyz wrote:

bought Punj LLoyed 100 @ 227

Sell out by July end or before once you get abt 30% of profit.

Regards,
Anid

Yup will follow your advise

july end or 30 % , whatever condition meet first i will sell

Hi Anid

Whats your view ? Is market trying to bottom out at this level or some pain is remaining......

I am still sitting with some cash......

I donno why , but the i feel the political fear factor will not see the reality. They will some out with some solution.

Regards

Hi Anid,
From Long term investment point of view should we start investing or not.
You have told the stocks but u have also advised to book profit in july.
If i am looking at 2 year horizon should i start investing now or after july.

Thanks
Kapil

moodyboyz wrote:

Hi Anid

Whats your view ? Is market trying to bottom out at this level or some pain is remaining......

I am still sitting with some cash......

I donno why , but the i feel the political fear factor will not see the reality. They will some out with some solution.

Regards

It is more or less bottomed out and that is why I gave the buy signal. There is some panic selling ..and I expect a U turn soon. July should be good month.

Kapil: You can start investment without fear if are looking for Long term and as well as short term term.

Regards,
Anid

Hi Anid

Whats your view on NTPC ? Its looking attractive at current valuations.

regards