| View previous topic :: View next topic |
| Author |
Nifty View February |
psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
|
Post: #1  Posted: Fri Feb 01, 2013 9:18 am Post subject: Nifty View February |
 |
|
Hi All,
Opened a new thread for the month of Feb here..
Thanks & Regards |
|
| Back to top |
|
 |
|
|
|
SP50
Brown Belt
Joined: 26 Nov 2010
Posts: 1615
|
| Post: #2 Posted: Fri Feb 01, 2013 9:30 am Post subject: |
|
|
New month new expiry but same story for JP ASSo,  |
|
| Back to top |
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #3 Posted: Fri Feb 01, 2013 9:33 am Post subject: |
|
|
PCR at 0.9. Short sellers be aware!
Apparently, Jan was sixth consecutive month when nifty closed +ve. If so, it may be for NF as NS closed -ve in Oct. The last time it happened was 7 times in 2006. Does this mean Feb is last month to close +ve? |
|
| Back to top |
|
|
skd2012
Yellow Belt
Joined: 03 Oct 2012
Posts: 948
|
| Post: #4 Posted: Fri Feb 01, 2013 9:33 am Post subject: |
|
|
| Its a range bound index...I think we should see good volatility in a range...upside we could move to 6180-6200 and down side 5940....let's see which one comes first ...my thinking is we can see 6180-6200 first....this will be done quickly if global markets go into range now. |
|
| Back to top |
|
|
rsnerella
White Belt
Joined: 30 Jul 2008
Posts: 153
|
| Post: #5 Posted: Fri Feb 01, 2013 10:00 am Post subject: Nifty view - February |
|
|
| As per OI data, range of Nifty in February is 5900 - 6300. However once Nifty break either side, trending move emerges. |
|
| Back to top |
|
|
stevenmat
White Belt
Joined: 27 Dec 2011
Posts: 478
|
| Post: #6 Posted: Fri Feb 01, 2013 10:30 am Post subject: |
|
|
| taxmann50 wrote: | | New month new expiry but same story for JP ASSo, |
I think JpAsso might rebound in the second half...just a small bounce... |
|
| Back to top |
|
|
SP50
Brown Belt
Joined: 26 Nov 2010
Posts: 1615
|
| Post: #7 Posted: Fri Feb 01, 2013 10:43 am Post subject: |
|
|
I think for the moment going long with 6021-22 stoploss seems logical. There is nothing to suggest any big fall.
|
|
| Back to top |
|
|
psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
|
| Post: #8 Posted: Fri Feb 01, 2013 10:43 am Post subject: |
|
|
| stevenmat wrote: | | taxmann50 wrote: | | New month new expiry but same story for JP ASSo, |
I think JpAsso might rebound in the second half...just a small bounce... |
Yea..that stock is looking extremely oversold... ..so some kinda bounceback can't be ruled out....but it will be dangerous to buy hoping for a pullback.....it wont be a good idea to initiate fresh shorts around these levels....so, overall it looks like an avoid... |
|
| Back to top |
|
|
pkholla
Black Belt
Joined: 04 Nov 2010
Posts: 2890
|
| Post: #9 Posted: Fri Feb 01, 2013 10:51 am Post subject: |
|
|
| taxmann50 wrote: | | New month new expiry but same story for JP ASSociates |
I think that's what they mean by WHIPPING BOY! (Very suitable second name for this company!)
Prakash Holla
Also note that Roberto's home-away-from-home is second in line in NF Top 5 loser list. Wonder what latest disclosure is coming from Kejriwal???
Last edited by pkholla on Fri Feb 01, 2013 10:58 am; edited 1 time in total |
|
| Back to top |
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #10 Posted: Fri Feb 01, 2013 10:57 am Post subject: |
|
|
| if nifty remains above 6065, 6180/6330 is possible |
|
| Back to top |
|
|
pkholla
Black Belt
Joined: 04 Nov 2010
Posts: 2890
|
| Post: #11 Posted: Fri Feb 01, 2013 11:01 am Post subject: |
|
|
| vinay28 wrote: | | if nifty remains above 6065, 6180/ 6330 is possible |
God bless you, kind and honorable Sir. Now we both have reasonable chance of clearing at least some of the rubbish from our Recycle Bins
Thanking you most sincerely, Prakash Holla |
|
| Back to top |
|
|
SP50
Brown Belt
Joined: 26 Nov 2010
Posts: 1615
|
| Post: #12 Posted: Fri Feb 01, 2013 11:10 am Post subject: |
|
|
| pkholla wrote: | | vinay28 wrote: | | if nifty remains above 6065, 6180/ 6330 is possible |
God bless you, kind and honorable Sir. Now we both have reasonable chance of clearing at least some of the rubbish from our Recycle Bins
Thanking you most sincerely, Prakash Holla |
Rubbish items are now diamonds, darling of the FII's. |
|
| Back to top |
|
|
skd2012
Yellow Belt
Joined: 03 Oct 2012
Posts: 948
|
| Post: #13 Posted: Fri Feb 01, 2013 12:32 pm Post subject: |
|
|
lots of pair trading ...option trading ....causing this range bound situation I guess....axis short icici long.....HUL short itc long....nifty long RIL short .....TCS long INFY short.....what's not.... Its hampering index balance I guess...needs some big impact news!! |
|
| Back to top |
|
|
psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
|
| Post: #14 Posted: Fri Feb 01, 2013 12:38 pm Post subject: |
|
|
Market is looking weak to me....  |
|
| Back to top |
|
|
SP50
Brown Belt
Joined: 26 Nov 2010
Posts: 1615
|
| Post: #15 Posted: Fri Feb 01, 2013 12:50 pm Post subject: |
|
|
| psalm wrote: | | Market is looking weak to me.... |
True but premium is increasing for nifty. |
|
| Back to top |
|
|
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
