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Nifty View - August Series 2013 |
saumya12 Brown Belt
Joined: 21 Dec 2011 Posts: 1509
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Post: #316 Posted: Thu Aug 15, 2013 8:56 pm Post subject: |
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chandrujimrc wrote: | I think Bank Nifty will protect the mkt tomorrow.NR7 day with Rsi +ve divrg. |
But dont you think that the +ve divergence in RSI in daily chart, was finished with the BIG RISE of 13.8.
BN closed at 10013 on 14.8.
High at 10071 and low 9912
Ichimoku support is at 9901 just near the low.
And if by any means, BN breaks this support then we can witness good fall.
Also, it formed a star on 14.8. which is a bearish sign. |
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chandrujimrc Brown Belt
Joined: 21 Apr 2009 Posts: 1683
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Post: #317 Posted: Thu Aug 15, 2013 9:01 pm Post subject: |
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Thank you apka.Moreover mkt has reversed from Rsi 28 lvl.So it should give minimum 300 points rally. |
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chandrujimrc Brown Belt
Joined: 21 Apr 2009 Posts: 1683
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Post: #318 Posted: Thu Aug 15, 2013 9:06 pm Post subject: |
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For BNF so many averages are overdue in the upside.So very very less chances for going down |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #319 Posted: Thu Aug 15, 2013 9:21 pm Post subject: |
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saumya12 wrote: | But dont you think that the +ve divergence in RSI in daily chart, was finished with the BIG RISE of 13.8.
BN closed at 10013 on 14.8.
High at 10071 and low 9912
Ichimoku support is at 9901 just near the low.
And if by any means, BN breaks this support then we can witness good fall.
Also, it formed a star on 14.8. which is a bearish sign. |
saumya, I would go long if I see 5650NS for a target of 5830 |
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saumya12 Brown Belt
Joined: 21 Dec 2011 Posts: 1509
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Post: #320 Posted: Thu Aug 15, 2013 9:39 pm Post subject: |
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vinay28 wrote: |
saumya, I would go long if I see 5650NS for a target of 5830 |
Likely to see 5650 NS, tomorrow itself
International markets are in deep red.
I am not likely to carry any position for Monday.
OR will decide after 3 or at EOD
But most likely will take position on Monday itself. |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #321 Posted: Thu Aug 15, 2013 10:17 pm Post subject: |
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chandrujimrc wrote: | Thank you apka.Moreover mkt has reversed from Rsi 28 lvl.So it should give minimum 300 points rally. |
5486 -> 5755 = 269 points. |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #322 Posted: Fri Aug 16, 2013 9:25 am Post subject: |
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Axis has carpeted the way out 7% like it had for coming in. |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #323 Posted: Fri Aug 16, 2013 9:47 am Post subject: |
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what a cut in the NF did you see.. 5692 -> 5648.00 in seconds. about 10 lakh shares traded. |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #324 Posted: Fri Aug 16, 2013 9:51 am Post subject: |
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another 10 lakh shares traded to make new NF low 5632.00 and VIX flying to 20.62 |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #325 Posted: Fri Aug 16, 2013 9:54 am Post subject: |
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another 10 lakh shares traded to make new NF low 5602.95
VIX 21.33
did the country declare war or something?
Rupee 61.62 |
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pkholla Black Belt
Joined: 04 Nov 2010 Posts: 2890
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Post: #326 Posted: Fri Aug 16, 2013 10:02 am Post subject: |
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apka wrote: | another 10 lakh shares traded to make new NF low 5602.95
VIX 21.33, Rupee 61.62
did the country declare war or something? |
Don Quixote and Sancho Panza group of PSECULIAR PARTY declared war on Narendra Modi.
Unfortunately they cannot see Foreign BAnks ruining Rupee, or Pakis beheading jawans OR B'deshis torturing Border troops OR Chinese setting up holiday camp in Ladakh and bringing well prepared banners saying in HINDI: India go home!
What about "Commie lovers and desh drohis" sitting in DefMin donating money blindly to Russians to refit submarines, aircraft carriers and MiGs to create Star Wars like DEATH STARS? |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #327 Posted: Fri Aug 16, 2013 10:13 am Post subject: |
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luckily I was away and made a little money in my shorts. Have gone long now. 5570 seems to be support. Hopefully. |
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rk_a2003 Black Belt
Joined: 21 Jan 2010 Posts: 2734
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Post: #328 Posted: Fri Aug 16, 2013 10:16 am Post subject: |
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apka wrote: | another 10 lakh shares traded to make new NF low 5602.95
VIX 21.33
did the country declare war or something?
Rupee 61.62 |
The answer is Yes......It's a currency war. |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #329 Posted: Fri Aug 16, 2013 10:17 am Post subject: |
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vinay28 wrote: | luckily I was away and made a little money in my shorts. Have gone long now. 5570 seems to be support. Hopefully. |
I am in no position to speak on RBI's measures. But from what I know depreciation in USDINR as backed by actual buying. I dont understand what blindfold is RBI and Chiddu sitting under sucking liquidity out like this is only worsening the condition.
Chiddu puts comments on RBI to think of Growth, Employment... like they have given up. And RBI's none of the measures have helped.
All this can spiral into a negative churn. |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #330 Posted: Fri Aug 16, 2013 10:18 am Post subject: |
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apka wrote: | vinay28 wrote: | luckily I was away and made a little money in my shorts. Have gone long now. 5570 seems to be support. Hopefully. |
I am in no position to speak on RBI's measures. But from what I know depreciation in USDINR as backed by actual buying. I dont understand what blindfold is RBI and Chiddu sitting under sucking liquidity out like this is only worsening the condition.
Chiddu puts comments on RBI to think of Growth, Employment... like they have given up. And RBI's none of the measures have helped.
All this can spiral into a negative churn. |
RK, this is a way to bring in black money into India for the elections. |
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