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vinay28 Black Belt
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Joined: 24 Dec 2010 Posts: 11748
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Post: #136 Posted: Thu Oct 20, 2011 9:12 pm Post subject: |
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noted with thanks, anand. |
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veerappan Expert
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Joined: 19 Dec 2007 Posts: 3680
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Post: #137 Posted: Fri Oct 21, 2011 5:36 am Post subject: |
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hi vinay ...anand y not with 5353 on this sett ? |
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sethu45 White Belt
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Joined: 06 Aug 2009 Posts: 168
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Post: #138 Posted: Fri Oct 21, 2011 5:45 am Post subject: |
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Hi veeru,
Why not this settlement be 5223? |
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vinay28 Black Belt
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Joined: 24 Dec 2010 Posts: 11748
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Post: #139 Posted: Fri Oct 21, 2011 8:43 am Post subject: |
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Oh my God! Veerappan, you wrote to me?
What a pleasure! Yes, indeed, why not 5252 or 5353? |
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anand1234 Yellow Belt
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Joined: 17 Jul 2010 Posts: 830
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Post: #140 Posted: Fri Oct 21, 2011 11:51 am Post subject: |
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veerappan wrote: | hi vinay ...anand y not with 5353 on this sett ? |
hi......veeru sir
sir, you wrote to me.........its also pleasure to me.....................from my side sett will b below 5000................let c
thanks
anand |
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anand1234 Yellow Belt
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Joined: 17 Jul 2010 Posts: 830
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Post: #141 Posted: Fri Oct 21, 2011 12:25 pm Post subject: |
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hi........all
mkt r below 5100 level ..............may come to 5050 level............take care
thanks
anand |
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anand1234 Yellow Belt
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Joined: 17 Jul 2010 Posts: 830
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Post: #142 Posted: Fri Oct 21, 2011 6:29 pm Post subject: |
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anand1234 wrote: | hi........all
mkt r below 5100 level ..............may come to 5050 level............take care
thanks
anand |
hi.......all
I told that Nf is below 5100............may come to 5050 level ..............look NF made low 5038...........I do not c any charts, TA or any indicators..........only present senerios
thanks
anand |
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vinay28 Black Belt
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Joined: 24 Dec 2010 Posts: 11748
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Post: #143 Posted: Fri Oct 21, 2011 8:36 pm Post subject: |
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Well done anand. how do you calculate values of nifty based on scenario? |
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anand1234 Yellow Belt
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Joined: 17 Jul 2010 Posts: 830
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Post: #144 Posted: Fri Oct 21, 2011 9:18 pm Post subject: |
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vinay28 wrote: | Well done anand. how do you calculate values of nifty based on scenario? |
hi............vinay
actually I dont have any indicator to calculate how much NF will move......................wt I told that depend on experience..........wtever it is if my post is helping u then it will b pleasure to me
thanks
anand |
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vinay28 Black Belt
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Joined: 24 Dec 2010 Posts: 11748
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Post: #145 Posted: Sat Oct 22, 2011 12:10 pm Post subject: |
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Anand, I can understand that you are very experienced but what I can't understand is how you arrive at values. Surely you don't dream of them? Or are they based on astrology or any such "science"? |
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anand1234 Yellow Belt
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Joined: 17 Jul 2010 Posts: 830
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Post: #146 Posted: Sat Oct 22, 2011 2:19 pm Post subject: |
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vinay28 wrote: | Anand, I can understand that you are very experienced but what I can't understand is how you arrive at values. Surely you don't dream of them? Or are they based on astrology or any such "science"? |
hi......vinay
nither I am astrologer nor I had a dream..............I told in past also that wt I am feeling that I writing.....if I said that mkt can go 50 pts up or dwn.....that means not exactly 50pts up mor dwn ........may b it will b 40++ or 40--....because I dont have any charts........its deoend on ........how europe mkt opens, .................wt is the result of large com............wt scam is coming...........how much repo rate is cuting or increasing........wt will b the rbi policies..etc............wt ever it is if I am telling something and NF dose move acording to this...........it is healthy for us isint't??.......
thanks
anand |
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ronypan White Belt
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Joined: 07 Aug 2010 Posts: 197
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Post: #147 Posted: Sat Oct 22, 2011 2:56 pm Post subject: |
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Nice Discussion.... |
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rk_a2003 Black Belt
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Joined: 21 Jan 2010 Posts: 2734
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Post: #148 Posted: Sat Oct 22, 2011 5:11 pm Post subject: |
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Vinay!
I think Anand has a 'Feel' of the market.And what parameters he is using to get that feel--- he already explained in detail.It's quite possible with the experience.
So many Expert Traders ( They can very well be the observers of the Market also)do have that kind of feel.
The lucky part is he is penning it for us.
Though, I never traded based on his posts. I too observed that quite often his predictions are turning right. |
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ajayhkaul Yellow Belt
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Joined: 18 Jun 2009 Posts: 866
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Post: #149 Posted: Sat Oct 22, 2011 5:59 pm Post subject: Law of large numbers |
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Making frequent predictions will follow the law of large numbers just as applied to the toss of a coin ie win/loss will be almost 50/50 . Just as the coin toss can have a string of heads or wins, a string of correct 'predictions' is possible. Hence relying on predictions is a bad idea.Predictions stem from the human need to be in control of the future - which we all know is a great fallacy. To win, the system should have greater than 50% odds in your favor else it is a zero sum game or a losing system.
In this case the predictions are based on feel of the news as stated by Anand1234. But isn't the market itself a leading indicator ? Can a trader have the news every time before the market does ? Trading on news is a bad idea anyway.
Also , if one keeps repeating (same as praying) , one day the prayer may be answered! So we can say market will crash to 4500 - sure! someday it may happen. You can as well toss a coin for that. Everyday! |
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freedom White Belt
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Joined: 06 Jul 2011 Posts: 126
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Post: #150 Posted: Sat Oct 22, 2011 6:14 pm Post subject: |
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EQUITY MARKET IS, EQUITY MARKET WAS, EQUITY MARKET WILL BE ALWAYS RIGHT. |
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