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rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
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Post: #511  Posted: Fri Feb 15, 2013 1:07 pm Post subject: |
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| psalm wrote: | | rk_a2003 wrote: | | Consolidation within 8 points band from the past 2 ½ hours. For upside? or down side? |
I, like most, have no idea....  ...but since I trade only on one direction at a time, I'm buying on dips hoping that the market will give a pullback towards 6070 or even around 6150...at the same time, its equally possible that there could be breakdown on the downside. Since, most of the heavy weights are around their supports, I'm giving slightly higher chance for a pullback....but if those supports are broken, then God helps the LONGs.... 
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Yesterday market will have more influence on today's course, thus more chances for going down in general I think. Of course there will always a reversal point which will be decided by Institutes. |
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SP50
Brown Belt
Joined: 26 Nov 2010
Posts: 1615
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| Post: #512 Posted: Fri Feb 15, 2013 1:12 pm Post subject: |
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If today the weekly close is below 5900 then it may look a winning situation for bears but still a 5950 looks on the card next week monday or tuesday.
The chopper scam is gradually taking shape and may have some sentimental effect on FIIs.
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apka
Black Belt
Joined: 13 Dec 2011
Posts: 6137
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| Post: #513 Posted: Fri Feb 15, 2013 1:22 pm Post subject: |
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| rk_a2003 wrote: | | Consolidation within 8 points band from the past 2 ½ hours. For upside? or down side? |
for frustration  |
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psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
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| Post: #514 Posted: Fri Feb 15, 2013 1:23 pm Post subject: |
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| rk_a2003 wrote: | | psalm wrote: | | rk_a2003 wrote: | | Consolidation within 8 points band from the past 2 ½ hours. For upside? or down side? |
I, like most, have no idea.... ...but since I trade only on one direction at a time, I'm buying on dips hoping that the market will give a pullback towards 6070 or even around 6150...at the same time, its equally possible that there could be breakdown on the downside. Since, most of the heavy weights are around their supports, I'm giving slightly higher chance for a pullback....but if those supports are broken, then God helps the LONGs....
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Yesterday market will have more influence on today's course, thus more chances for going down in general I think. Of course there will always a reversal point which will be decided by Institutes. |
Yes, RK...you're right....It is the institutions which will have the last say....by the way, technically, I'm very much comfortable as long we hold above 5850-5860 levels, where the market has good support....at the same time, what i'm looking today is the closing....if it is below 5880 or so, I'll term it as a weak closing....anyway, let's wait and see how we'll end up today.....fingers crossed!!!  |
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vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
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| Post: #515 Posted: Fri Feb 15, 2013 1:32 pm Post subject: |
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sam, if you don't have any idea, why don't you ask me?  |
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vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
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| Post: #516 Posted: Fri Feb 15, 2013 1:33 pm Post subject: |
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| sam, if you don't have any idea, why don't you ask me? |
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psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
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| Post: #517 Posted: Fri Feb 15, 2013 1:35 pm Post subject: |
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| vinay28 wrote: | | sam, if you don't have any idea, why don't you ask me? |
How dare you ask me that question, Vinay????...that' too twice!!!!!!!!!!! |
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vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
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| Post: #518 Posted: Fri Feb 15, 2013 1:36 pm Post subject: |
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that's three much!  |
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apka
Black Belt
Joined: 13 Dec 2011
Posts: 6137
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| Post: #519 Posted: Fri Feb 15, 2013 1:38 pm Post subject: |
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| somebody ought to tighten the screws around the nuts here |
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psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
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| Post: #520 Posted: Fri Feb 15, 2013 1:40 pm Post subject: |
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| apka wrote: | | somebody ought to tighten the screws around the nuts here |
Nutty Apka.... |
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vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
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| Post: #521 Posted: Fri Feb 15, 2013 1:51 pm Post subject: |
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apka, a nut is only for the bolt and not for a screw. That's why a nut can s@#$% and bolt.
What to do? Market is so bloody boring. |
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vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
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| Post: #522 Posted: Fri Feb 15, 2013 1:53 pm Post subject: |
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| 5838 may be possible today |
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SP50
Brown Belt
Joined: 26 Nov 2010
Posts: 1615
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| Post: #523 Posted: Fri Feb 15, 2013 1:56 pm Post subject: |
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| vinay28 wrote: | | 5838 may be possible today |
Yes, very much possible, |
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apka
Black Belt
Joined: 13 Dec 2011
Posts: 6137
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| Post: #524 Posted: Fri Feb 15, 2013 2:12 pm Post subject: |
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| vinay28 wrote: | apka, a nut is only for the bolt and not for a screw. That's why a nut can s@#$% and bolt.
What to do? Market is so bloody boring. |
by the time 5838 may come, we can goto kumb mela and come back after a taking a dip. |
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SP50
Brown Belt
Joined: 26 Nov 2010
Posts: 1615
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| Post: #525 Posted: Fri Feb 15, 2013 2:18 pm Post subject: |
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| Finally ICICI bank moving |
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