Comments on: India pre-market Oct 21st

By: vivekagrawal

vivekagrawal — Sun, 23 Oct 2011 23:26:00 +0000

In reply to Jai. Thanks Jai.

By: Jai

Jai — Sun, 23 Oct 2011 21:36:58 +0000

Dear Vipan Gupta,
Yes, I have been following it quite closely. Whether it is coming to an end or not, the picture is definitely not pretty. Shanghai composite will atleast do 2100 if not 1500 and change. It is possibly in its powerful third wave on weekly charts.

The data that is coming out of China is fully “managed”. So the smart guys are actually measuring the number of ghost towns by the electricity usage etc and other unconventional methods to see if the govt data matches 🙂 Long story short – such measures are revealing startling data. Hard landing for sure.

Cheers,
Jai

By: Jai

Jai — Sun, 23 Oct 2011 21:29:29 +0000

In reply to rahulrtawde.

Dear Rahul,

Please read India pre-market Oct 20th.

Cheers,
Jai

By: Jai

Jai — Sun, 23 Oct 2011 21:28:25 +0000

In reply to rdesikan.

Dear Desikan,
SMS delivery status for your number have been coming back as delivered. Please check if ur incoming messages are under “clickatell” by any chance.

By: Jai

Jai — Sun, 23 Oct 2011 21:25:51 +0000

In reply to vivekagrawal. Hi Vivek, It still seems strong to me. If it fails to clear 408 this time, the odds will rise. Look out for reversal signs if it does that.

By: vivekagrawal

vivekagrawal — Sun, 23 Oct 2011 13:55:03 +0000

Jai –

Any thoughts on Raymond. The trend appears to have started reversing .. or is it too soon to short?

Thanks,
Vivek

By: rdesikan

rdesikan — Sat, 22 Oct 2011 13:31:30 +0000

Hi Jai,

I also would like to say the same thing as sara2002. Please send sms on important calls. I may add that i have not got any sms so far after subscribing though my number is not in any blocked list. For example, I am getting regular automated sms from my broking firm for instance without any hitch

Regards

By: rahulrtawde

rahulrtawde — Sat, 22 Oct 2011 13:23:51 +0000

Dear Jai,

The global markets are in no mood to give up their gains.The Dow has given the highest closing in 3 months i guess.With a lot of important events lined up this week and nobody wants to believe that the Nifty can actually rally to 5500, can that not be a possibility? Do give me your precious thoughts on this.Some directional move may come in the next 2 weeks, how to play it if we do not have an idea where it is headed ? And in which direction will be your bias looking at the global markets?

Rahul T

By: gupta_vipan

gupta_vipan — Sat, 22 Oct 2011 06:00:17 +0000

Hi Jai,

Have u checked the charts of Shanghai …. yesterday i think it made multiyear low and broken 2011 and 2010 lows and gone to very close of 2009 lows !!!!! 🙂 ..It looks like fallen dragon….Is BRIC’s story coming to end which lasted for almost 10 yrs now….. Is this the shape of things to come in india too…..

What exactly is happening in china… is this hard landing as mentioned in media is true…. may be you have better knowledge being in singapore…. pls enlighten us with ur comments on this..

Yesterday results of few companies and commentry of managements made me feel real jittery…I think all the boarders here shd be very careful …… what is ur advise as we all have stocks also in portfolio.

Regards,
Vipan Gupta

By: sara2002

sara2002 — Fri, 21 Oct 2011 13:59:10 +0000

hai

pls send sms on important calls.its because i have an option in trading in mobile .
very good call
thz jai