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Nifty Investments |
apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #886 Posted: Thu Oct 25, 2018 6:41 am Post subject: |
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apka wrote: | Also dow and hang seng both are heading for 24500-600. Thereafter we will see.
Dax will goto 11250 tomm and next week 10500-600 or next to next werk. |
Dow done last night... dax 1st trgt done yesterday... Final below 11k remains.
Hang seng's opening today has done it.
Nikkie broke 22k and has melted.
This 10200 will not be the saviour as most ppl are anticipating it to be... 3rd times a charm and norm for breakdown or breakout in our market.. so we we should break.
Noticeable thing is we mostly make lower highs, lower lows, close around lower levels of previous days closing... Plus since 2-3 weeks every gap up whether small or big is being sold into in first few minutes.. it does not sustain.. and ralies come quick of 70-100 points and again steep off fast. All these are CLASSIC BEAR MARKET signs.... And its just on softcore mode right know.
SBIN broken the support and fell to 252.. once that breaks looking fwd to 22 or about in Nov.... iCICI again went to near 330 and fel off. It should also go towards 300 soon.
Nifty and Banknifty trgts of below 10k and 23k should come fast. |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #887 Posted: Thu Oct 25, 2018 9:53 am Post subject: |
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Buy sbin 250pe cmp 1.25 cmp.. trgt 2.5-3+ |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #888 Posted: Thu Oct 25, 2018 10:48 am Post subject: |
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apka wrote: | Buy sbin 250pe cmp 1.25 cmp.. trgt 2.5-3+ |
High 2.15
Icici 327 to 313.. 14 points within a week.. keep holding if in it.
Buy 24500pe at cmp near 25.. trgt 38-40++ |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #889 Posted: Thu Oct 25, 2018 11:14 am Post subject: |
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Nifty spot suport is between 10050-80... This zone breaks then new leg of downfall starts.. we are slippijg into anyway... So 2 hours of saving 10080 todays low will see some intraday 40-60 covering.. but dont mistake it for revrrsal. All gap up openings in this market is blrssing to short. |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #890 Posted: Thu Oct 25, 2018 3:41 pm Post subject: |
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What a worthless monthly expiry day...
Notable thing today... Again lower high, lower low, monthly level breached aprils low of 10111.. thats 6 month support breached... And closed very near |
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ca.krishna White Belt
Joined: 17 Sep 2013 Posts: 158
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Post: #891 Posted: Thu Oct 25, 2018 4:37 pm Post subject: |
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Hi Apka,
I think monthly levels are yet to come i.e. 31st Oct 2018
thanks |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #892 Posted: Thu Oct 25, 2018 4:45 pm Post subject: |
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Yes, which is why i said level breached... Not monthly close... Its notable because its happened after 6 months of 10111 as being the lowest spot level which occurred in april and wasnt breached until now. |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #893 Posted: Fri Oct 26, 2018 9:49 am Post subject: |
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Nifty spot low 10004... Oof we are close
24000pe cmp 83.. trgt double next week |
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amit522 White Belt
Joined: 31 Oct 2017 Posts: 117
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Post: #894 Posted: Fri Oct 26, 2018 9:50 am Post subject: |
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apka wrote: | Nifty spot low 10004... Oof we are close
24000pe cmp 83.. trgt double next week |
yeah...both psychological levels...will take some time to break and once breached.....will bring out a knife...this is what I assume. |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #895 Posted: Fri Oct 26, 2018 9:54 am Post subject: |
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Take note nikkei japan broke 21k today
Hang seng made new 52 week low 2455x... Below 24300 it will slide to 23300-500 |
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chetan83 Brown Belt
Joined: 19 Feb 2010 Posts: 2036
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Post: #896 Posted: Fri Oct 26, 2018 2:35 pm Post subject: |
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Nifty approaching 9960/9850 very soon in 04 digits again
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #897 Posted: Fri Oct 26, 2018 3:26 pm Post subject: |
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apka wrote: | Nifty spot low 10004... Oof we are close
24000pe cmp 83.. trgt double next week |
Given today... High so far 150+... Almost done laughing
I bet nobody traded it.
@chetan please avoid giving levels here, i dont want my level debated here. I have already given 9500-9600 zone to be coming 2-4 weeks back for oct-nov sries. Debatet can be done in another thread. |
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riteshucha Green Belt
Joined: 19 May 2012 Posts: 1292
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Post: #898 Posted: Fri Oct 26, 2018 5:39 pm Post subject: reliance |
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hello apka
your view on reliance? only stock of index today, (apart from Bajaj auto) to have closed above yest high.
its even holding its swing low of 1025 for 2 day now!
ritesh |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #899 Posted: Fri Oct 26, 2018 5:44 pm Post subject: |
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Ill check charts and come back to you |
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riteshucha Green Belt
Joined: 19 May 2012 Posts: 1292
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Post: #900 Posted: Sun Oct 28, 2018 12:05 pm Post subject: |
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Okay thanks
apka wrote: | Ill check charts and come back to you |
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