| View previous topic :: View next topic |
| Author |
Nifty View - December |
psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
|
Post: #16  Posted: Fri Nov 30, 2012 1:18 pm Post subject: |
 |
|
| Is Nifty forming a Head & Shoulder Pattern in the Daily charts??????. Just wanted to share this. So, as long as we doesn't close above 5880 or so, this pattern could be completed in the future. Just wanted to share it... |
|
| Back to top |
|
 |
|
|
|
SP50
Brown Belt
Joined: 26 Nov 2010
Posts: 1615
|
| Post: #17 Posted: Fri Nov 30, 2012 1:19 pm Post subject: |
|
|
| psalm wrote: | | taxmann50 wrote: | | psalm wrote: | | psalm wrote: | | saumya12 wrote: | Thanks Sam for the levels
At what time is the GDP stats
Thanks |
Most probably around 11.... |
At the opening of European markets (1.30), ECB President Draghi will be making a speech which will be watched keenly....it could affect the European market direction and hence our markets as well....just informing...  |
Samji what is this speech all about? |
Euro, Credit Crisis and Greek Bailout.... |
Kind of chit chat then! I thought may me some more euro printing press inaugration  |
|
| Back to top |
|
|
psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
|
| Post: #18 Posted: Fri Nov 30, 2012 1:21 pm Post subject: |
|
|
After I have found out HNS possibility, I have added a bit more 5800 PUTs.....and sold BankNifty again....Let's see...  |
|
| Back to top |
|
|
SP50
Brown Belt
Joined: 26 Nov 2010
Posts: 1615
|
| Post: #19 Posted: Fri Nov 30, 2012 1:25 pm Post subject: |
|
|
| psalm wrote: | | After I have found out HNS possibility, I have added a bit more 5800 PUTs.....and sold BankNifty again....Let's see... |
Samji what is your hedge? or are you all short? |
|
| Back to top |
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #20 Posted: Fri Nov 30, 2012 1:26 pm Post subject: |
|
|
| "forget it sam" is what I feel like saying. |
|
| Back to top |
|
|
psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
|
| Post: #21 Posted: Fri Nov 30, 2012 1:29 pm Post subject: |
|
|
| taxmann50 wrote: | | psalm wrote: | | After I have found out HNS possibility, I have added a bit more 5800 PUTs.....and sold BankNifty again....Let's see... |
Samji what is your hedge? or are you all short? |
To be frank, I don't have much hedge this time.....I only have medium term buys which I have suggested earlier.....I had bought a lot of them for medium term...since I was holding them, I didn't hedge my current trading positions.....my major concern is BankNifty SHORTs....other than that there is nothing much to worry, as the other ones are PUTs....  |
|
| Back to top |
|
|
psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
|
| Post: #22 Posted: Fri Nov 30, 2012 1:30 pm Post subject: |
|
|
| vinay28 wrote: | | "forget it sam" is what I feel like saying. |
Vinay, there is nothing wrong in being a bit cautious...don't be complacent....  |
|
| Back to top |
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #23 Posted: Fri Nov 30, 2012 1:45 pm Post subject: |
|
|
| nothing wrong at all sam, since I agree that market may first react from 5900-5920 but HnS target looks highly unlikely to me. |
|
| Back to top |
|
|
psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
|
| Post: #24 Posted: Fri Nov 30, 2012 1:53 pm Post subject: |
|
|
| vinay28 wrote: | | nothing wrong at all sam, since I agree that market may first react from 5900-5920 but HnS target looks highly unlikely to me. |
You don't expect Nifty to test 5200 levels or so in the near future??? |
|
| Back to top |
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #25 Posted: Fri Nov 30, 2012 2:03 pm Post subject: |
|
|
I feel not till 6050 is reached. after that too, we may see only higher levels. As of now, I don't see lower than about 5730, previous resistance level.
AND DON'T TRY TO SCARE ME! |
|
| Back to top |
|
|
saumya12
Brown Belt
Joined: 21 Dec 2011
Posts: 1509
|
| Post: #26 Posted: Fri Nov 30, 2012 2:03 pm Post subject: |
|
|
| Sam, in my opinion it is a part of Inv HNS and not HNS yet. |
|
| Back to top |
|
|
psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
|
| Post: #27 Posted: Fri Nov 30, 2012 2:10 pm Post subject: |
|
|
| vinay28 wrote: | I feel not till 6050 is reached. after that too, we may see only higher levels. As of now, I don't see lower than about 5730, previous resistance level.
AND DON'T TRY TO SCARE ME! |
Scaring you??.... |
|
| Back to top |
|
|
psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
|
| Post: #28 Posted: Fri Nov 30, 2012 2:11 pm Post subject: |
|
|
| saumya12 wrote: | | Sam, in my opinion it is a part of Inv HNS and not HNS yet. |
Saumya, if possible, could you post that IHNS??... |
|
| Back to top |
|
|
psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
|
| Post: #29 Posted: Fri Nov 30, 2012 2:13 pm Post subject: |
|
|
| vinay28 wrote: | I feel not till 6050 is reached. after that too, we may see only higher levels. As of now, I don't see lower than about 5730, previous resistance level.
AND DON'T TRY TO SCARE ME! |
Vinay, I'm not saying that we're not going to reach your target of 5900-5920 levels...but if you haven't noticed this possibility, I wanted you to see it...that's why posted....Even I dont know if it complete that pattern...but if it happens (there is good chance for that), then expect for levels around 5200 before Jan 15.... |
|
| Back to top |
|
|
stevenmat
White Belt
Joined: 27 Dec 2011
Posts: 478
|
| Post: #30 Posted: Fri Nov 30, 2012 2:24 pm Post subject: |
|
|
| vinay28 wrote: | I feel not till 6050 is reached. after that too, we may see only higher levels. As of now, I don't see lower than about 5730, previous resistance level.
AND DON'T TRY TO SCARE ME! |
vinay...you don't believe in gap filling? or is the technical snag gap filling enough? |
|
| Back to top |
|
|
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
