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Nifty View - August Series 2013 |
rk_a2003
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Post: #331  Posted: Fri Aug 16, 2013 10:20 am Post subject: |
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| vinay28 wrote: | | 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. |
Through HAWALA commissions. |
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apka
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| Post: #332 Posted: Fri Aug 16, 2013 10:21 am Post subject: |
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| vinay28 wrote: | | 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. |
I have also heard of this.
9 million volumes done. Potential for doing one of the highest volumes. |
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vinay28
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| Post: #333 Posted: Fri Aug 16, 2013 10:39 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 have gone long because I am hoping for a big hammer. If that happens, macd histogram can confirm strong buying or not. |
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apka
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| Post: #334 Posted: Fri Aug 16, 2013 10:54 am Post subject: |
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| vinay28 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 have gone long because I am hoping for a big hammer. If that happens, macd histogram can confirm strong buying or not. |
may work out as nifty has already done -175.. still i get a feeling today is for more than -200 |
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pkholla
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| Post: #335 Posted: Fri Aug 16, 2013 11:09 am Post subject: |
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[Apka/ Vinay: a little premature to go long. Al Brooks says that go contra in strong trend ONLY after price decisively breaks trend line/s. Al Brooks uses 15ema to check. 15ema even now 5610 while CMP is 5588 SHOWING THE STRENGTH OF THE DOWN MOVE!!!]
UPDATE @ 1221: 15ema ~5588 and CMP ~5575 !!!!
SUPER DUPER STRONG BEARISH TREND. Best to avoid going bullish altogether for today, except for scalping small counter trends of 5-10 pts in between
Last edited by pkholla on Fri Aug 16, 2013 12:25 pm; edited 2 times in total |
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saumya12
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| Post: #336 Posted: Fri Aug 16, 2013 11:30 am Post subject: |
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| pkholla wrote: | Apka/ Vinay: a little premature to go long.
Al Brooks says that go contra in strong trend ONLY after price decisively breaks trend line/s.
Al Brooks uses 15ema to check. 15ema even now 5610 while CMP is 5588 SHOWING THE STRENGTH OF THE DOWN MOVE!!! |
Prakash,
What do you think.
When one should go long in present trend.
My thinking is until 5550 one should not go long.
It is only if we do not break 5550 then to go long
And BTW if we break 5550 then till previous low of 5515.
And what after 5515-5500 
But then why do you want to go long.
Havnt you earned enough for the day
Take rest.  |
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apka
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| Post: #337 Posted: Fri Aug 16, 2013 11:39 am Post subject: |
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VIX +4.17 intraday... 22.87
I havent seen such a wild rise in VIX since the Aug 2011 fall. |
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pkholla
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| Post: #338 Posted: Fri Aug 16, 2013 11:53 am Post subject: |
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Saumya: my replies are as under:::
Prakash, What do you think. When one should go long in present trend: ONLY after price decisively breaks trend line/s
My thinking is until 5550 one should not go long: Quite right, and then only after checking and dbl checking
It is only if we do not break 5550 then to go long And BTW if we break 5550 then till previous low of 5515: That is why I cautioned agnst going long right now!
But then why do you want to go long. Havent you earned enough for the day Take rest: Your serious query deserves serious reply. I have not taken position in NF today. Studying Al Brooks, Trading Price Bars and doing dry runs. Making money in positional single scrips like Amarajabat!!!
Saumya, my sincere request, fantastic book, DL from 4shared, 37 MB, over weekend. Al Brooks: Trading Price Bars: only 15 ema to check, 5TF candles. Nothing else, only price action.
Last edited by pkholla on Fri Aug 16, 2013 12:21 pm; edited 1 time in total |
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vinay28
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| Post: #339 Posted: Fri Aug 16, 2013 11:57 am Post subject: |
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High level meeting at PMO comprising finance ministry and rbi.
you guys keep yapping!  |
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apka
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| Post: #340 Posted: Fri Aug 16, 2013 12:01 pm Post subject: |
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| vinay28 wrote: | High level meeting at PMO comprising finance ministry and rbi.
you guys keep yapping! |
hope they are discussing, "ab toh paisa le hi aate hain swiss bank se wapas, $ ka bhaav bhi jyada milega and rupee bhi appreciate ho jayega" |
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vinay28
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| Post: #341 Posted: Fri Aug 16, 2013 12:01 pm Post subject: |
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| apka wrote: | | vinay28 wrote: | High level meeting at PMO comprising finance ministry and rbi.
you guys keep yapping! |
hope they are discussing, "ab toh paisa le hi aate hain swiss bank se wapas, $ ka bhaav bhi jyada milega and rupee bhi appreciate ho jayega" |
Nifty down 3% and sensex down 2.5%. Something amiss? |
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apka
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| Post: #342 Posted: Fri Aug 16, 2013 12:04 pm Post subject: |
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| Quote: | Switch from IT, exporting cos to private banks: JPMorgan
Sell emerging markets, but do it wisely: Roubini strategist |
And yeh high level meeting kidhar announce hua hain, how do you know Vinay? Chiddu bolega tum kuch karo growth employement ke liye, RBI bolegi tum kuch karo.
Somebody said yesterday something is wrong with the economy where beer, onion and petrol have same price. |
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pkholla
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Joined: 04 Nov 2010
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| Post: #343 Posted: Fri Aug 16, 2013 12:08 pm Post subject: |
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| vinay28 wrote: | | High level meeting at PMO comprising finance ministry and rbi.you guys keep yapping! |
Sounds like grammar lesson:
We keep yapping
You keep yapping
They keep yapping
Kya farak padtha hai?, NF is in FII hands, Re is in Foreign Bank ke Mutthi not of high level meeting OR Apka/ Vinay/ Sam/ SP discussion group!
Last edited by pkholla on Fri Aug 16, 2013 12:11 pm; edited 1 time in total |
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vinay28
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| Post: #344 Posted: Fri Aug 16, 2013 12:09 pm Post subject: |
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| apka wrote: | | Quote: | Switch from IT, exporting cos to private banks: JPMorgan
Sell emerging markets, but do it wisely: Roubini strategist |
And yeh high level meeting kidhar announce hua hain, how do you know Vinay? Chiddu bolega tum kuch karo growth employement ke liye, RBI bolegi tum kuch karo.
Somebody said yesterday something is wrong with the economy where beer, onion and petrol have same price. |
don't argue with me apka. I am the baap of hitler of this thread!  |
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pkholla
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Joined: 04 Nov 2010
Posts: 2890
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| Post: #345 Posted: Fri Aug 16, 2013 12:25 pm Post subject: |
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| pkholla wrote: | | [Apka/ Vinay: a little premature to go long. Al Brooks says that go contra in strong trend ONLY after price decisively breaks trend line/s. Al Brooks uses 15ema to check. 15ema even now 5610 while CMP is 5588 SHOWING THE STRENGTH OF THE DOWN MOVE!!!] |
UPDATE @ 1221: 15ema ~5588 and CMP ~5575 !!!!
SUPER DUPER STRONG BEARISH TREND. Best to avoid going bullish altogether for today, except for scalping small counter trends of 5-10 pts in between |
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