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Nifty Investments |
apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #601 Posted: Thu Jul 05, 2018 9:42 am Post subject: |
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Taken 26600ce @ 30 cmp... Trgt double tripple... No SL
So enter only if u can take risk.. |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #602 Posted: Thu Jul 05, 2018 10:52 am Post subject: |
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apka wrote: | Taken 26600ce @ 30 cmp... Trgt double tripple... No SL
So enter only if u can take risk.. |
Added 26300pe @ 9.. total whichever sie exceeds 40 will be gain. |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #603 Posted: Thu Jul 05, 2018 2:30 pm Post subject: |
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Bought 26500pe @ 13.. cost now 53... bove that profit. |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #604 Posted: Thu Jul 05, 2018 3:47 pm Post subject: |
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Wasted day.
Karnataka budget announces ₹34000 crore farm loan waiver, increase in taxes on fuel.... And proposal to waive upto 2 lakh crore
This can't be good for banks especially psu ones. |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #605 Posted: Mon Jul 09, 2018 8:34 pm Post subject: |
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Last week not been good judgement wise.. July downwards trade SL 10815 earlier given is broken. And SGX near 10900
If 10900 crosses and banknifty 26900
And fut gains strength / premium (does not discount).. expect sharp rally.
I myself forgot I had written last month new high coming in july-aug , should have stuck to that. |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #606 Posted: Mon Jul 09, 2018 9:23 pm Post subject: |
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apka wrote: | Last week not been good judgement wise.. July downwards trade SL 10815 earlier given is broken. And SGX near 10900
If 10900 crosses and banknifty 26900
And fut gains strength / premium (does not discount).. expect sharp rally.
I myself forgot I had written last month new high coming in july-aug , should have stuck to that. |
Target would be then 11075 and 27250-300 |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #607 Posted: Tue Jul 10, 2018 7:48 am Post subject: |
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Just a word to those who maybe skeptical of a new high seeing the economic conditions, NPAs etc... Was 2014 any different? Nobody believed, that time also.. A cup n handle pattern was formed betwreen 2011-2013... Went unobserved mostly... this time identified by many..... Dec 2013 nifty and banknifty broke all time high by few points and retreatrd.. from jan-apr 2014 nifty consolidated above 6000, did not breakb or closinf below this level even once
And same pattern cup n handle formed but a shorter one in 6 months... Dollar was near 60 then from 48 it depreciated 25% in 6 months.. gdp continuous falling, back to back scams, files being lost, fire in mantralya where docs were... NPAs were a concern then also...Nobody believed that time...
Reason I'm saying is because some people might be repeating to themselves trying to reassure on seeing economic things... That is what made people miss out in 2014 also... if you keep repeating to yourself not possible like then, you may miss the breakout because it will be fast and furious. Just let us go up and break 11100 ... Then 11750 sureshot.. |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #608 Posted: Tue Jul 10, 2018 7:53 am Post subject: |
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Just to add like back then, Mid April - Mid July almost nifty we has not broken the level of 10465 on closing basis. So why not possible.. let's see, hope for the best. |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #609 Posted: Tue Jul 10, 2018 2:03 pm Post subject: |
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Banknifty premium went 0 5 mins back.. hope u took ur trades.. blasting now |
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #610 Posted: Wed Jul 11, 2018 6:24 pm Post subject: |
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apka wrote: | Just a word to those who maybe skeptical of a new high seeing the economic conditions, NPAs etc... Was 2014 any different? Nobody believed, that time also.. A cup n handle pattern was formed betwreen 2011-2013... Went unobserved mostly... this time identified by many..... Dec 2013 nifty and banknifty broke all time high by few points and retreatrd.. from jan-apr 2014 nifty consolidated above 6000, did not breakb or closinf below this level even once
And same pattern cup n handle formed but a shorter one in 6 months... Dollar was near 60 then from 48 it depreciated 25% in 6 months.. gdp continuous falling, back to back scams, files being lost, fire in mantralya where docs were... NPAs were a concern then also...Nobody believed that time...
Reason I'm saying is because some people might be repeating to themselves trying to reassure on seeing economic things... That is what made people miss out in 2014 also... if you keep repeating to yourself not possible like then, you may miss the breakout because it will be fast and furious. Just let us go up and break 11100 ... Then 11750 sureshot.. |
Agreed......wrt to psychology....but
The only telling tale is the divergence in broader market ....
And another is that interest rates fall or precede the boom....today global bond markets are and shall be bearish for next few years....wil equities have a positive correlation...even in India
And commodities taking a breather...for few weeks....aiding the spurt.....let the bull run reinstate and equities may falter a bit......
Not relevant the above economic analysis to ,trading for individuals , but only funds and funds of funds.....
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shantidayak White Belt
Joined: 28 Jan 2014 Posts: 67
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Post: #611 Posted: Thu Jul 12, 2018 12:21 am Post subject: NIFTY VIEW |
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SEE NIFTY IN MONTHLY CHART. A MONTHLY CLOSE BELOW 10890 IN NIFTY WILL LEAD NIFTY DOWNWARDS.
I THINK FROM NEXT MONTH NIFTY WILL START MOVING DOWNWARDS |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #612 Posted: Thu Jul 12, 2018 11:05 am Post subject: |
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Target was 26250-300.. but BANKNIFTY will goto 26450-500 whether this week or next.... Cup N Handle active |
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simply.index White Belt
Joined: 28 Jun 2014 Posts: 158
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Post: #613 Posted: Thu Jul 12, 2018 11:14 am Post subject: |
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apka wrote: | Target was 26250-300.. but BANKNIFTY will goto 26450-500 whether this week or next.... Cup N Handle active |
Is there a typo? (should the target be 27500) |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #614 Posted: Thu Jul 12, 2018 11:15 am Post subject: |
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simply.index wrote: | apka wrote: | Target was 26250-300.. but BANKNIFTY will goto 26450-500 whether this week or next.... Cup N Handle active |
Is there a typo? (should the target be 27500) |
yes typo... chart shows the figure.. used to typing 26000 since few weeks so..
Target was 27250-300.. but BANKNIFTY will goto 27450-500 whether this week or next.... Cup N Handle active |
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simply.index White Belt
Joined: 28 Jun 2014 Posts: 158
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Post: #615 Posted: Thu Jul 12, 2018 11:17 am Post subject: |
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apka wrote: | simply.index wrote: | apka wrote: | Target was 26250-300.. but BANKNIFTY will goto 26450-500 whether this week or next.... Cup N Handle active |
Is there a typo? (should the target be 27500) |
yes typo... chart shows the figure.. used to typing 26000 since few weeks so..
Target was 27250-300.. but BANKNIFTY will goto 27450-500 whether this week or next.... Cup N Handle active |
Thanks bro. |
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