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Nifty View - December |
skd2012 Yellow Belt
Joined: 03 Oct 2012 Posts: 948
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Post: #511 Posted: Tue Dec 11, 2012 8:39 pm Post subject: |
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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 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #512 Posted: Tue Dec 11, 2012 8:49 pm Post subject: |
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tmrw it must go above 5974 to begin with to give hope to bulls |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #513 Posted: Tue Dec 11, 2012 8:54 pm Post subject: |
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if spot crosses 5938, believe me new high will come. |
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skd2012 Yellow Belt
Joined: 03 Oct 2012 Posts: 948
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Post: #514 Posted: Tue Dec 11, 2012 9:02 pm Post subject: |
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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 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #515 Posted: Tue Dec 11, 2012 9:03 pm Post subject: |
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hmmmmmm.
see my earlier comment for you, apka. |
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skd2012 Yellow Belt
Joined: 03 Oct 2012 Posts: 948
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Post: #516 Posted: Tue Dec 11, 2012 9:08 pm Post subject: |
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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. this is height of a speculation!! My comment I mean |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #517 Posted: Tue Dec 11, 2012 9:56 pm Post subject: |
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liquidity knows no height of speculation. |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #518 Posted: Wed Dec 12, 2012 8:10 am Post subject: |
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will do from today vinay.
IIP data today i think |
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skd2012 Yellow Belt
Joined: 03 Oct 2012 Posts: 948
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Post: #519 Posted: Wed Dec 12, 2012 8:41 am Post subject: |
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IIP today...inflation tomorrow...18th RBI... |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #520 Posted: Wed Dec 12, 2012 8:50 am Post subject: |
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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 Yellow Belt
Joined: 03 Oct 2012 Posts: 948
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Post: #521 Posted: Wed Dec 12, 2012 8:52 am Post subject: |
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can we visit 5850 spot around today? what you think? it is tricky though! |
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psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
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Post: #522 Posted: Wed Dec 12, 2012 8:54 am Post subject: |
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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 Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #523 Posted: Wed Dec 12, 2012 8:56 am Post subject: |
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sw_das wrote: | can we visit 5850 spot around today? what you think? it is tricky though! |
not before 11am for sure |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #524 Posted: Wed Dec 12, 2012 8:59 am Post subject: |
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PCR is down to 1.04 so still lower low possible |
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skd2012 Yellow Belt
Joined: 03 Oct 2012 Posts: 948
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Post: #525 Posted: Wed Dec 12, 2012 9:00 am Post subject: |
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apka wrote: | sw_das wrote: | can we visit 5850 spot around today? what you think? it is tricky though! |
not before 11am for sure |
we never know!! yes, some short covering in first 1-2 hrs. but over all bias would be down I feel. |
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