The Stock Market Thread

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Think I spoke 2 soon up there...ALOKIND & ASHOKLEY fell further.

So till when do ve expect the market 2 keep falling & what'll the bottem limit be ??? 12K ???
 
Ok this is madness...

Market goes down, people buy shares thinking this is the lowest the market can get.

This gets sensex up and those who suffered and not willing to wait anymore sell their shares, taking the market down.

Deadlock handling mechanisms, anyone? :P
 
^Yeah...

As i said! Market goes down, Those who believe that market will come up, buy shares, and those who have shares and do not believe that market can recover, sell shares, bringing sensex down!
 
Most of the selling ATM is by the Brokers of the people who couldn't manage to pay back.

The dust shd settle down 2day itself...HOPEFULLY !?!
 
^^^just keep an eye on the market and few shares you are interested in, though according to the news i got, its gonna be down till wednesday. Anyways anything you buy now would give you profit in even a months run i think.
 
Damn I am in 25% loss....but at least my portfolio outperformed the loss which are arnd 40% even in blue chips like DLF :O

Btw talking abt Ashok Leyland....I bought it at 58 :P.....think...it was told by all & sundry to cross 70 in a month ....even by my dam relationship manager.I am holding it though as still its one of the attractive counters...My picks:

1. DLF----reality/Infra

2. SBIN---Banking

3. JK Lakshmi Cement---- Cement

4. Cybermate ---- Infotech (risky)

5. Ashok leyland/hind motors--- Auto

PPl share ur picks also....we need to cover our losses & make some money..I think market will reach same 6050 on Nifty by budget time....btw it will go down till thursday ....no point trying to buying much nw....only staggered buying. No chance for me nw though as I m trapped :p
 
ooo.. GMR infy at 151.. good for those who bought at 111 :D

Now that European markets open and fall (due to the global negative impact) i guess here it'l fall a bit too.. You guys should buy then

btw, unitech was at 347 sometime.. dunno now.. wat a buy that would be. Supra i dont think DLF is a good buy atm.. Reality is risky now

edit :

see.. its going down again
 
^ Unitech is also realty naa.

Am gorging on Godrej Industries now :D.

Didnt catch GMR (Someone will kill me for that).

Gorging on Bartronics too :D.
 
ooo.. GMR infra at 151.. good for those who bought at 111
Click to expand...

lot of volatility yaar....if u have the guts u can make a lot in Intraday....but delivery again it will go down till this thursday or so....so u might be able to find a better bottom.

As of DLF....its a much safer bet than GMR Infra.GMR is more of a punter/trader stock while DLF is like long term
 
^ ahem.. they are the ones doing up mumbai n delhi airport u know? plus getting lots of deals for smallers ones. they not goin anywhere for sure
 
^ Exactly, GMR is a punter stock whereas DLF is a proven large cap and you cant go wrong with DLF if you have a > 6 months perspective.

@Ankit: They are doing lot of stuff but the stock fluctuations dont do justice to the valuations, its quite a news driven stock like Indiabulls.
 
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