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bnf veeru chennai boy 9th jan to 13th jan 2012 |
veerappan
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Post: #1  Posted: Sun Jan 08, 2012 9:47 am Post subject: bnf veeru chennai boy 9th jan to 13th jan 2012 |
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bnf current rate closing price is 8455... anything closes above 8662 then it may touch 9k-9600-10200 also possible ... subbu may do some magics... so take care.... if banks moves up ... then nf wont fall.... nf also will join with bank stocks....
veeru
chennai boy
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veerappan
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Joined: 19 Dec 2007
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| Post: #2 Posted: Sun Jan 08, 2012 9:59 am Post subject: |
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| dont expect immediate target of 10k..... may be in the end of jan or feb first weeks possible....8662 happen on weekly closes then its good ... with this number how much risk u can take? 180 pts maxi... thats all....suppose if bnf reaches 8640-8620 ranges means u can go shot with sl 8688... 8662 taken out intra then buy with sl 8600 ...60 pts risk ...carry shd be with sl 180 pts...[ bought 8662 above and its going to 8710-8720 ranges u dont want to book intra and want to carry then 180 pts risk... with this risk u can carry ]...... |
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charanprasad
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Joined: 25 Sep 2010
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| Post: #3 Posted: Sun Jan 08, 2012 10:49 am Post subject: |
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| Anna seems banknifty is finding support which may ultimately lead to rally in nifty |
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psalm
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Joined: 12 Nov 2011
Posts: 5368
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| Post: #4 Posted: Sun Jan 08, 2012 1:48 pm Post subject: Opinion on shorting around 8550 |
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| veerappan wrote: | | dont expect immediate target of 10k..... may be in the end of jan or feb first weeks possible....8662 happen on weekly closes then its good ... with this number how much risk u can take? 180 pts maxi... thats all....suppose if bnf reaches 8640-8620 ranges means u can go shot with sl 8688... 8662 taken out intra then buy with sl 8600 ...60 pts risk ...carry shd be with sl 180 pts...[ bought 8662 above and its going to 8710-8720 ranges u dont want to book intra and want to carry then 180 pts risk... with this risk u can carry ]...... |
Its a very nice strategy. I really appreciate it  . 8620-8640 will definitely be resistances for Bank Nifty. However, I don't believe Bank Nifty will be able to break 8560 easily. In my opinion, Its better to short in the range 8550-8620 with stop-loss somewhere above 8660. What do u think Veeru?.. |
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veerappan
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| Post: #5 Posted: Sun Jan 08, 2012 2:38 pm Post subject: |
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psalm fools will be with one sided... we will never... trader shd not have mind set at-all .... i may be wrong to others view........ but still i follow only these things.....  |
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psalm
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Joined: 12 Nov 2011
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| Post: #6 Posted: Mon Jan 09, 2012 7:08 am Post subject: Thanks |
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 .....No veeru....i was just asking about the SHORT trade...However, if the market breaks out, I'll be a buyer. I'm not only looking for SHORTs, but for LONGs as well. Thanks for your view. |
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veerappan
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| Post: #7 Posted: Wed Jan 11, 2012 7:48 pm Post subject: |
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| psalm what u did? |
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psalm
Black Belt
Joined: 12 Nov 2011
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| Post: #8 Posted: Wed Jan 11, 2012 10:09 pm Post subject: BankNifty |
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Hi Veeru...
I had shorted BankNifty at first...but when 8665 was broken, i have them all covered....I'm LONG in Banknifty now....  ....BankNifty is looking good as of now....  ..I hope that a target of 9400 could be possible......  ....what do u think??? |
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veerappan
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Joined: 19 Dec 2007
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| Post: #9 Posted: Thu Jan 12, 2012 5:31 am Post subject: |
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| change the tsl to profit side... or take the money get ready for the fall also... suppose turns... |
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psalm
Black Belt
Joined: 12 Nov 2011
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| Post: #10 Posted: Thu Jan 12, 2012 7:53 am Post subject: |
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| Yes...I'll be ready....Thanks.... |
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