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SP50
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Joined: 26 Nov 2010
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Post: #136  Posted: Wed Feb 06, 2013 1:48 pm Post subject: |
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Only the 6th day of the new expiry NF premium reduced to less than 10, buyers beware.  |
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psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
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| Post: #137 Posted: Wed Feb 06, 2013 1:57 pm Post subject: |
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| psalm wrote: | | Market is trading around 5960 levels...I wont see a bounceback in the second half of this session....I mean from here onwards.....I wont suggest going long....cos, its not a buying opportunity, I feel....anyway, some buying can be expected if we go down further.....let's wait and see...current rate is around 5962 |
sorry for the confusion...in fact, what I wanted to write was " i wont be surprised to see" but in a hurry I have written i wont see...the rest of the message has no problem...sorry for the confusion....there could be some bounceback around 5960 that's what I wanted to say....but still they didn't worth trading.....so, its better to avoid these kinda moves, unless you're an intraday trader....  |
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psalm
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| Post: #138 Posted: Wed Feb 06, 2013 1:59 pm Post subject: |
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| taxmann50 wrote: | | Only the 6th day of the new expiry NF premium reduced to less than 10, buyers beware. |
Some people might consider this is as an opportunity, Taxmann....especially if there is not much pessimism around.....so, it can be taken both ways....good or bad... |
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apka
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Joined: 13 Dec 2011
Posts: 6137
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| Post: #139 Posted: Wed Feb 06, 2013 2:07 pm Post subject: |
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| taxmann50 wrote: | | stevenmat wrote: | Experts your view...
Recently i heard that low levels of VIX means that the market has reached a top/almost topping out....and high levels of VIX is an indicator of a bottom..
Is this true ??
yes/no ? |
I think VIX is related to volatility, volatility can increase or decrease at all levels . Apkaji will be best to comment on this. |
apkaji has gone out for a walk, ill answer on his behalf.
lower the volitality, the more stable the on-going trend. Volitality Index (VIX) is a measure of that. We have seen a VIX of under 13 being lowest of all times recently and the stability in upside trend can be seen.
Once u start seeing VIX rising and not go down, that much less buying or more selling u will see. in aug 2011 when we went to 4800 VIX had jumped from earlier 20-23 to 39. Higher VIX = higher option prices also. |
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psalm
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Joined: 12 Nov 2011
Posts: 5368
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| Post: #140 Posted: Wed Feb 06, 2013 2:14 pm Post subject: |
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| apka wrote: | | taxmann50 wrote: | | stevenmat wrote: | Experts your view...
Recently i heard that low levels of VIX means that the market has reached a top/almost topping out....and high levels of VIX is an indicator of a bottom..
Is this true ??
yes/no ? |
I think VIX is related to volatility, volatility can increase or decrease at all levels . Apkaji will be best to comment on this. |
apkaji has gone out for a walk, ill answer on his behalf.
lower the volitality, the more stable the on-going trend. Volitality Index (VIX) is a measure of that. We have seen a VIX of under 13 being lowest of all times recently and the stability in upside trend can be seen.
Once u start seeing VIX rising and not go down, that much less buying or more selling u will see. in aug 2011 when we went to 4800 VIX had jumped from earlier 20-23 to 39. Higher VIX = higher option prices also. |
India Vix just has to break above 16.2 for a huge upmove, I feel. That means if you see the VIX trading above 16.2 from here onwards, then think that the market has got some problem...but 16.2 or so from here means another 15% from here..so, let's wait and see... |
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vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
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| Post: #141 Posted: Wed Feb 06, 2013 2:29 pm Post subject: |
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| sam, you seem to be determined to confuse all today. |
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psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
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| Post: #142 Posted: Wed Feb 06, 2013 2:35 pm Post subject: |
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| vinay28 wrote: | | sam, you seem to be determined to confuse all today. |
.....hmn...sorry....  |
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pkholla
Black Belt
Joined: 04 Nov 2010
Posts: 2890
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| Post: #143 Posted: Wed Feb 06, 2013 2:41 pm Post subject: |
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| vinay28 wrote: | | sam, you seem to be determined to confuse all today. |
Vinay, there's none so deaf as he who doesnt want to hear
There's none so confused as he .....
Taxmann, Your fav again in trouble! JP Asso down 3% with 3 cr shares trading. Looks like when people have nothing to do they trade in JP Asso!!!!!
Prakash Holla |
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vinay28
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Joined: 24 Dec 2010
Posts: 11748
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| Post: #144 Posted: Wed Feb 06, 2013 2:58 pm Post subject: |
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| JPass is the favourite punchbag. The owner deserves it ..... bloody chor |
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psalm
Black Belt
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| Post: #145 Posted: Wed Feb 06, 2013 3:03 pm Post subject: |
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| vinay28 wrote: | | JPass is the favourite punchbag. The owner deserves it ..... bloody chor |
Vinay, it is near some support now (73.5-72 range).....but a break below 72 might push the stock to even lower levels of 67 or 66. That means further 8 or 10% cut... |
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psalm
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| Post: #146 Posted: Wed Feb 06, 2013 3:30 pm Post subject: |
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L&T, SBI, ICICI, ONGC, Coal India all are struggling slightly when the market is trading flat....but the only consolation for a bull is that many of the frontline stocks are coming towards their first supports....if those supports are held, then one can expect some kinda bounc-back in the next few days...at the same time, if those supports are broken, then there could be bloodbath in the next few days.....hmn....let's see....  |
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apka
Black Belt
Joined: 13 Dec 2011
Posts: 6137
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| Post: #147 Posted: Wed Feb 06, 2013 5:04 pm Post subject: |
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| vinay28 wrote: | | JPass is the favourite punchbag. The owner deserves it ..... bloody chor |
lol, its good high beta in options and futures to trade 
promoters are selling stake in JP to raise capital. hence the fall. |
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apka
Black Belt
Joined: 13 Dec 2011
Posts: 6137
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| Post: #148 Posted: Wed Feb 06, 2013 5:05 pm Post subject: |
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| psalm wrote: | | L&T, SBI, ICICI, ONGC, Coal India all are struggling slightly when the market is trading flat....but the only consolation for a bull is that many of the frontline stocks are coming towards their first supports....if those supports are held, then one can expect some kinda bounc-back in the next few days...at the same time, if those supports are broken, then there could be bloodbath in the next few days.....hmn....let's see.... |
those were the days  |
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apka
Black Belt
Joined: 13 Dec 2011
Posts: 6137
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| Post: #149 Posted: Wed Feb 06, 2013 7:23 pm Post subject: |
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| apka wrote: | | psalm wrote: | | L&T, SBI, ICICI, ONGC, Coal India all are struggling slightly when the market is trading flat....but the only consolation for a bull is that many of the frontline stocks are coming towards their first supports....if those supports are held, then one can expect some kinda bounc-back in the next few days...at the same time, if those supports are broken, then there could be bloodbath in the next few days.....hmn....let's see.... |
those were the days |
atleast dax and cac are reviving some memories right now  |
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apka
Black Belt
Joined: 13 Dec 2011
Posts: 6137
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| Post: #150 Posted: Wed Feb 06, 2013 7:25 pm Post subject: |
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UK's RBS fined $615 million in rate rigging probe
Is it really peanuts for RBS? because its trading in green on london stock exchange. |
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