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Nifty View - December
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Author Nifty View - December
skd2012
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Post: #511   PostPosted: Tue Dec 11, 2012 8:39 pm    Post subject: Reply with quote

Next times it goes above 5965, I think it will be a breakout with good up move. But if it does, it will be with some more twist. Will not give it easily.
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vinay28
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Post: #512   PostPosted: Tue Dec 11, 2012 8:49 pm    Post subject: Reply with quote

tmrw it must go above 5974 to begin with to give hope to bulls
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apka
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Post: #513   PostPosted: Tue Dec 11, 2012 8:54 pm    Post subject: Reply with quote

if spot crosses 5938, believe me new high will come.
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skd2012
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Post: #514   PostPosted: Tue Dec 11, 2012 9:02 pm    Post subject: Reply with quote

vinay28 wrote:
tmrw it must go above 5974 to begin with to give hope to bulls


It is difficult tomorrow. It can be a range bound to negative day.
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vinay28
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Post: #515   PostPosted: Tue Dec 11, 2012 9:03 pm    Post subject: Reply with quote

hmmmmmm. Smile

see my earlier comment for you, apka.
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skd2012
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Post: #516   PostPosted: Tue Dec 11, 2012 9:08 pm    Post subject: Reply with quote

But pressure will build to pull market up in next 4-5 days. If it happens it may happen with super fast zing in intraday. Smile this is height of a speculation!! My comment I mean
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vinay28
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Post: #517   PostPosted: Tue Dec 11, 2012 9:56 pm    Post subject: Reply with quote

liquidity knows no height of speculation. Smile
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apka
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Post: #518   PostPosted: Wed Dec 12, 2012 8:10 am    Post subject: Reply with quote

will do from today vinay.

IIP data today i think
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skd2012
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Post: #519   PostPosted: Wed Dec 12, 2012 8:41 am    Post subject: Reply with quote

IIP today...inflation tomorrow...18th RBI...
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apka
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Post: #520   PostPosted: Wed Dec 12, 2012 8:50 am    Post subject: Reply with quote

SNP has said 1/3 chances still there for Indias downgrade in next 2 years if reforms are slow, political environment doesnt remain stable, growth dips, etc.

But the keyword was it has retained -BBB rating as of yesterday. Lets see what market reacts as per opening.
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skd2012
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Post: #521   PostPosted: Wed Dec 12, 2012 8:52 am    Post subject: Reply with quote

can we visit 5850 spot around today? what you think? it is tricky though!
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psalm
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Post: #522   PostPosted: Wed Dec 12, 2012 8:54 am    Post subject: Reply with quote

sw_das wrote:
IIP today...inflation tomorrow...18th RBI...


FOMC meeting statement and interest rate decision tonight at 11 PM...in the U.S...
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apka
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Post: #523   PostPosted: Wed Dec 12, 2012 8:56 am    Post subject: Reply with quote

sw_das wrote:
can we visit 5850 spot around today? what you think? it is tricky though!


not before 11am for sure Smile
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vinay28
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Post: #524   PostPosted: Wed Dec 12, 2012 8:59 am    Post subject: Reply with quote

PCR is down to 1.04 so still lower low possible
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skd2012
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Post: #525   PostPosted: Wed Dec 12, 2012 9:00 am    Post subject: Reply with quote

apka wrote:
sw_das wrote:
can we visit 5850 spot around today? what you think? it is tricky though!


not before 11am for sure Smile


we never know!! Smile yes, some short covering in first 1-2 hrs. but over all bias would be down I feel.
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