View previous topic :: View next topic |
Author |
Nifty View February |
SP50 Brown Belt
Joined: 26 Nov 2010 Posts: 1615
|
Post: #466 Posted: Fri Feb 15, 2013 9:50 am Post subject: |
|
|
JP looking good, |
|
Back to top |
|
|
|
|
satishkadam Yellow Belt
Joined: 01 Apr 2010 Posts: 805
|
Post: #467 Posted: Fri Feb 15, 2013 9:53 am Post subject: |
|
|
sw_das wrote: | We can see a bounce? provided 5880 NF holds on.
We must have clear understanding of trend. We have made new low, so it confirms we are in down trend still. |
NF 5800 not holding on,,, as the trendline has broken, its difficult..... to turn in buy soon......picture... self explanatory.
So if you are in buy, it would be best to cut it, and remain, out of market, till the time...... we get a confirm buy signal...
Thanks
Satish Kadam |
|
Back to top |
|
|
SP50 Brown Belt
Joined: 26 Nov 2010 Posts: 1615
|
Post: #468 Posted: Fri Feb 15, 2013 9:57 am Post subject: |
|
|
ICICI bank can be a good candidate for sell now that it has broken 1120 on the downside and market on sale mode. |
|
Back to top |
|
|
skd2012 Yellow Belt
Joined: 03 Oct 2012 Posts: 948
|
Post: #469 Posted: Fri Feb 15, 2013 9:59 am Post subject: |
|
|
satishkadam wrote: | sw_das wrote: | We can see a bounce? provided 5880 NF holds on.
We must have clear understanding of trend. We have made new low, so it confirms we are in down trend still. |
NF 5800 not holding on,,, as the trendline has broken, its difficult..... to turn in buy soon......picture... self explanatory.
So if you are in buy, it would be best to cut it, and remain, out of market, till the time...... we get a confirm buy signal...
Thanks
Satish Kadam |
Ohh my comment was for intra bounce only. I have clearly told we are in down trend as of now.
Also please understand knowing where market bounce has different means for following people
1. One who is already short
2. One who is looking for fresh shorts
3. One is long already
4. One is looking for fresh intra logs
5. One is hedged in neutral method
6. One hedged with negative bias
7. One hedged with positive bias
All these guys will have different reading of it and understanding of meaning of it.
it is important to know pivotal points. |
|
Back to top |
|
|
apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
|
Post: #470 Posted: Fri Feb 15, 2013 10:00 am Post subject: |
|
|
taxmann50 wrote: | ICICI bank can be a good candidate for sell now that it has broken 1120 on the downside and market on sale mode. |
good support @ 1105. |
|
Back to top |
|
|
psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
|
Post: #471 Posted: Fri Feb 15, 2013 10:08 am Post subject: |
|
|
taxmann50 wrote: | psalm wrote: | bought 5900 CALLs a while back...around 55....will be adding again, if goes down further.... |
Samji what should be the stoploss for this? |
Sorry Taxmann....was a bit busy with placing orders....in my opinion this is the area one should go long aggressively, IF YOU'RE BULLISH....So, I have been trying aggressively from the morning....at the same time, I've been cautious too...that's why trying to buy CALLs mostly, rather than future ones.....Talking about stoplosses, I have an intraday stoploss below 5826 in Nifty Future. While one may even have a stoploss below 5834 spot....since the value of CALL is around 50 or so now, you'll be losing another 12 or 15 maximum from here, if it goes down to those levels.... |
|
Back to top |
|
|
psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
|
Post: #472 Posted: Fri Feb 15, 2013 10:10 am Post subject: |
|
|
apka wrote: | taxmann50 wrote: | ICICI bank can be a good candidate for sell now that it has broken 1120 on the downside and market on sale mode. |
good support @ 1105. |
I had suggested a Closing stoploss of 13280 in BankNifty....but it hasn't broken below that even on an intraday basis yet...that shows that if there is a pullback from here, banks will do well....anyway, let's wait and see... |
|
Back to top |
|
|
vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
|
Post: #473 Posted: Fri Feb 15, 2013 10:12 am Post subject: |
|
|
keyboard error again? |
|
Back to top |
|
|
apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
|
Post: #474 Posted: Fri Feb 15, 2013 10:13 am Post subject: |
|
|
vinay28 wrote: | keyboard error again? |
i think finally the problem is between the keyboard and the chair |
|
Back to top |
|
|
vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
|
Post: #475 Posted: Fri Feb 15, 2013 10:15 am Post subject: |
|
|
problem is with "ungli" apka. |
|
Back to top |
|
|
psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
|
Post: #476 Posted: Fri Feb 15, 2013 10:17 am Post subject: |
|
|
vinay28 wrote: | keyboard error again? |
Sorry, was not 13280...it was 12280.... |
|
Back to top |
|
|
psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
|
Post: #477 Posted: Fri Feb 15, 2013 10:19 am Post subject: |
|
|
apka wrote: | vinay28 wrote: | keyboard error again? |
i think finally the problem is between the keyboard and the chair |
You all are making fun of my keyboard....
|
|
Back to top |
|
|
apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
|
Post: #478 Posted: Fri Feb 15, 2013 10:23 am Post subject: |
|
|
psalm wrote: | apka wrote: | vinay28 wrote: | keyboard error again? |
i think finally the problem is between the keyboard and the chair |
You all are making fun of my keyboard....
|
itna ungli mat karo |
|
Back to top |
|
|
sonshu101 White Belt
Joined: 24 Nov 2011 Posts: 79
|
Post: #479 Posted: Fri Feb 15, 2013 10:24 am Post subject: |
|
|
Apka : 5800 and 5900 PE OI status? |
|
Back to top |
|
|
psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
|
Post: #480 Posted: Fri Feb 15, 2013 10:25 am Post subject: |
|
|
Big boy Reliance has significant support around 837-830 range...so, if somebody was looking to buy it expecting a pullback, this could be a good area to initiate a LONG, I feel....SL should be below 831 on a closing basis.... |
|
Back to top |
|
|
|