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Nifty View - December '14 Series |
vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #61 Posted: Tue Dec 02, 2014 1:26 pm Post subject: |
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apka wrote: | if you are having a trade and share it then it's not a tip.
i don't think it's anything serious yet. it only gets serious if someone files a complaint or brings it to the notice of sebi.
i prefer to ask 'are you going to long / short for this level' or use the disclaimer which vinay did. seems legit. |
it's better to be safe. even giving a reason for one's trade should be avoided. |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #62 Posted: Tue Dec 02, 2014 3:55 pm Post subject: |
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Nifty critically poised. Yellow is alert zone, Blue is nervous zone and Red is short term bear zone.
Above is neither a recommendation nor a tip nor an advice. just my reading. |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #63 Posted: Tue Dec 02, 2014 7:35 pm Post subject: |
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This is just a personal view and neither a recommendation nor a tip nor an advice.
Nifty for Wednesday (03/12/14)
Supports are at about 8517, 8498, 8472 and 8398 while resistances are at about 8530, 8545, 8556, 8586, 8661, 8707 and 8733. An unfilled gap on lower side is at about 8494. Three +WWs can give about 8575 (if above 8565), 8623 (once above 8536) and 8630 (once above 8559) (+WWs with higher targets are not mentioned as of now). Two -WWs can give about 8467 (once below 8503) and 8404 (if below 8539) (-WWs with much lower targets are not mentioned as of now).
Nifty fell a bit after a gap down open and closed flat but below 8550. The -ve div seems to be giving its result and further fall is likely. However, daily candle is a doji indicating uncertainty and a reversal is likely. Nifty closed below 8530, the first bad sign and a close above 8589 may mean more upside while a close below 8477 may invite bears. Global and local eco-political events can have a bearing on how nifty moves in short term. Liquidity continues to be strong. |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #64 Posted: Tue Dec 02, 2014 8:15 pm Post subject: |
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FIIs net long 6.10 lac contracts in index fut and av price 8733NF.
bought 106 cr in cash too. |
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saurabhkurichh White Belt
Joined: 30 Oct 2006 Posts: 127
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Post: #65 Posted: Wed Dec 03, 2014 1:04 pm Post subject: |
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vinay , seems that that party is far from over . althoug some divergences still exist in weekly charts, but until we get a big red bar, i guess nothing else matters now |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #66 Posted: Wed Dec 03, 2014 1:12 pm Post subject: |
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saurabhkurichh wrote: | vinay , seems that that party is far from over . althoug some divergences still exist in weekly charts, but until we get a big red bar, i guess nothing else matters now |
saurabh, I never said party is over. In fact I am very bullish for dec but we must respect some levels. |
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saurabhkurichh White Belt
Joined: 30 Oct 2006 Posts: 127
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Post: #67 Posted: Wed Dec 03, 2014 2:09 pm Post subject: |
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vinay28 wrote: | saurabhkurichh wrote: | vinay , seems that that party is far from over . althoug some divergences still exist in weekly charts, but until we get a big red bar, i guess nothing else matters now |
saurabh, I never said party is over. In fact I am very bullish for dec but we must respect some levels. |
na na , not talking in the context of someone telling it before . Just a general statement
lets flow with the tide |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #68 Posted: Wed Dec 03, 2014 2:39 pm Post subject: |
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Season of high tide... Not for the weak hearted. |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #69 Posted: Wed Dec 03, 2014 2:41 pm Post subject: |
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apka wrote: | Season of high tide... Not for the weak hearted. |
what are you trying to imply? |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #70 Posted: Wed Dec 03, 2014 2:50 pm Post subject: |
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looks like NR4 or 7 day |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #71 Posted: Wed Dec 03, 2014 2:50 pm Post subject: |
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It may create traps by hitting SL or just staying here for 2-3 days |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #72 Posted: Wed Dec 03, 2014 3:16 pm Post subject: |
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apka wrote: | It may create traps by hitting SL or just staying here for 2-3 days |
which SL? whose SL?
tmrw we should see a close above 8589. |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #73 Posted: Wed Dec 03, 2014 3:34 pm Post subject: |
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vinay28 wrote: | apka wrote: | It may create traps by hitting SL or just staying here for 2-3 days |
which SL? whose SL?
tmrw we should see a close above 8589. |
Bulls... Yes I'm hopeful for that too. |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #74 Posted: Wed Dec 03, 2014 6:53 pm Post subject: |
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apka wrote: | vinay28 wrote: | apka wrote: | It may create traps by hitting SL or just staying here for 2-3 days |
which SL? whose SL?
tmrw we should see a close above 8589. |
Bulls... Yes I'm hopeful for that too. |
if NS doesn't cross 8560.20 tmrw, then not good.
I am worried about the blast in a atomic reactor of 1000MW plant in Russia. But suddenly that news has vanished from TV. |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #75 Posted: Wed Dec 03, 2014 6:59 pm Post subject: |
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Online news sites are showing it was in Ukraine and their PM has said its nothing serious. |
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