iCharts Discussions

shashangan · Posted: Wed Nov 07, 2012 2:25 pm Post subject:

NOv Nifty 5805- 5800 around if you get could be an intra day buy again. The mkt should head to break the high again before closing. The mkt should not go below 5796. 5780 still is a good intra day support.

Thanks
Gautham Shashangan

acharyams · Yellow Belt Joined: 04 Jul 2010 Posts: 552

shashangan · Posted: Thu Nov 08, 2012 12:18 am Post subject:

Just saw your reply Acharya. Not very clear. Though it's overall bullish & I still had a feeling it has to try one more high before a short correction, then something strange I am seeing on my chart.

After the mkt close, Have you or Vinst checked what I sent you.

I am not clear, shall update you after market open morning.

Thanks
Gautham Shashangan

acharyams · Yellow Belt Joined: 04 Jul 2010 Posts: 552

vinay28 · Black Belt Joined: 24 Dec 2010 Posts: 11748

shashangan, what strange have you seen on the chart?

vinst · Black Belt Joined: 09 Jan 2007 Posts: 3303

shashangan · Posted: Thu Nov 08, 2012 10:04 am Post subject:

Dont worry, Nothing serious Vinst & Vinay. Relax buddies.

As of now the mkt is near the intra day bottom. There is a couple of lows pending, but each low will see some good pull backs.

Around 5740 followed by 5736 Nov nifty, is the intra day 1st & 2nd buying point on next dips. The mkt should not go near or below 5724 as of now

Thanks
Gautham Shashangan

shashangan · Posted: Fri Nov 09, 2012 9:24 am Post subject:

There mkt should make at least one more high according to me. The mkt should not break 5745. So I would say Nov is still a buy with stops @ 5740

It can try 5815-20 & 5835-45 range

Gautham Shashangan

acharyams · Yellow Belt Joined: 04 Jul 2010 Posts: 552

shashangan · Posted: Fri Nov 09, 2012 10:23 am Post subject:

It can there is possibility, but there is one more top for USD/INR though. The USD should top out around 54.80-55.00 region & come back to 53.50 I think.

Intra day Buying has to come in below 5764 for now in Nov & Once it breaks 5782 it will gain momentum

shashangan · Posted: Fri Nov 09, 2012 2:28 pm Post subject:

Kejriwal & team dwara sarkar ki dhulayi ho rahi he. Dont keep emotional averaging positions in the mkt.

Keep min postions. Trade mini. Mkt may head below 5600 by next week at this rate. There will be severe tensions in the political arena. The entire politicians from Congress to BJP will be in trouble, if they are not able to stop this team. They are making sense & are appearing more powerful than Anna Hazare & uneducated Baba Ramdev who were just shouting without any facts.

They are talking with facts & not sparing even Ambanis, Burmans, Business people & HSBC, etc, The FII funds are going to be scrutinised, they probably will quietly pull out the money from mkt to stay away from any investigation. We will have to wait & watch, other additional names which are going to come out in the coming days.

This team is educated & done their homework before attacking. All the major politicians & parties will slow down their activities, till this movement subsides. At last somebody who's neutral & not a partial to Cong or BJP, fighting for India. These people are here to be in news for sometime for sure.

Gautham Shashangan

acharyams · Yellow Belt Joined: 04 Jul 2010 Posts: 552

acharyams · Yellow Belt Joined: 04 Jul 2010 Posts: 552

dharmeshtr · White Belt Joined: 10 Feb 2011 Posts: 205

acharyams · Yellow Belt Joined: 04 Jul 2010 Posts: 552