| View previous topic :: View next topic |
| Author |
Nifty View - December |
psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
|
Post: #466  Posted: Tue Dec 11, 2012 2:12 pm Post subject: |
 |
|
| stevenmat wrote: | | psalm wrote: | | stevenmat wrote: | | now that's a big U turn |
you mean from the highs of the day??... |
yes  |
The situation is much worse in the individual stocks arena.....some stocks are trading some 12 or 15% from their day's highs....but again, if we close above 5890-5900 area....then there wont be any change from yesterday...though we've corrected from the highs in a significant way.....wait and watch...  |
|
| Back to top |
|
 |
|
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #467 Posted: Tue Dec 11, 2012 2:13 pm Post subject: |
|
|
| I feel it may not close below 5890 |
|
| Back to top |
|
|
skd2012
Yellow Belt
Joined: 03 Oct 2012
Posts: 948
|
| Post: #468 Posted: Tue Dec 11, 2012 2:14 pm Post subject: |
|
|
that will be real surprise after this fall  but we are in the price range where market has been getting support in past. It will do this time or not, difficult to tell today. but it will be clear tomorrow or day after. can close below 5890 spot today. |
|
| Back to top |
|
|
stevenmat
White Belt
Joined: 27 Dec 2011
Posts: 478
|
| Post: #469 Posted: Tue Dec 11, 2012 2:15 pm Post subject: |
|
|
| vinay28 wrote: | | I feel it may not close below 5890 |
market is making higher highs and lower lows.. its so confusing  |
|
| Back to top |
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #470 Posted: Tue Dec 11, 2012 2:18 pm Post subject: |
|
|
| I am saying because it has completed (my number) 90 below today's high. |
|
| Back to top |
|
|
psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
|
| Post: #471 Posted: Tue Dec 11, 2012 2:18 pm Post subject: |
|
|
| vinay28 wrote: | | I feel it may not close below 5890 |
In that case, I wont read too much into this profit booking...IF we close below 5890 levels by today or tmorrow, then the situation is completely different....otherwise, will have to wait for further signals... |
|
| Back to top |
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #472 Posted: Tue Dec 11, 2012 2:21 pm Post subject: |
|
|
| I would like to see 5927/31 today hopefully |
|
| Back to top |
|
|
psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
|
| Post: #473 Posted: Tue Dec 11, 2012 2:25 pm Post subject: |
|
|
| vinay28 wrote: | | I would like to see 5927/31 today hopefully |
To be frank, I was not expecting the market to close below 5890 today...that's why I have mentioned earlier in my post that 5900-5890 has significant support on a CLOSING basis...but I am expecting it tomorrow at the least.....anyway, if it comes today, I'll grab it with both hands....if not, difficult hours again....like I had when the market was hovering around 5965.... |
|
| Back to top |
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #474 Posted: Tue Dec 11, 2012 2:28 pm Post subject: |
|
|
| sam, actually 5888 is the correct no. |
|
| Back to top |
|
|
psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
|
| Post: #475 Posted: Tue Dec 11, 2012 2:32 pm Post subject: |
|
|
| vinay28 wrote: | | sam, actually 5888 is the correct no. |
5888 would be awesome... |
|
| Back to top |
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #476 Posted: Tue Dec 11, 2012 2:32 pm Post subject: |
|
|
| but there is a +ve div now. |
|
| Back to top |
|
|
SP50
Brown Belt
Joined: 26 Nov 2010
Posts: 1615
|
| Post: #477 Posted: Tue Dec 11, 2012 2:39 pm Post subject: |
|
|
Signals are mixed and there is no reason why markets should not go up again to test todays high.
If anyone forgot the 100 point run from days bottom few days back then its not good.
|
|
| Back to top |
|
|
skd2012
Yellow Belt
Joined: 03 Oct 2012
Posts: 948
|
| Post: #478 Posted: Tue Dec 11, 2012 2:39 pm Post subject: |
|
|
| that NIFTY spot bounce may be tomorrow...but all depends on Dow...as opening can spoil things around..... |
|
| Back to top |
|
|
psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
|
| Post: #479 Posted: Tue Dec 11, 2012 2:39 pm Post subject: |
|
|
| vinay28 wrote: | | but there is a +ve div now. |
Let's wait and see where we end up today... |
|
| Back to top |
|
|
psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
|
| Post: #480 Posted: Tue Dec 11, 2012 2:42 pm Post subject: |
|
|
| taxmann50 wrote: | Signals are mixed and there is no reason why markets should not go up again to test todays high.
If anyone forgot the 100 point run from days bottom few days back then its not good.
|
Many are getting more and more optimistic now......like you have just pointed out....earlier it was too much bearishness.....now the situation is changing....people are getting more and more optimistic.....even after a reasonable profit booking....good for the bulls or bears???..only time will tell.... |
|
| Back to top |
|
|
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
