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Nifty View - Jan 2013 |
vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #211 Posted: Mon Jan 07, 2013 9:07 am Post subject: |
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sam, you have bought puts. What's your SL? |
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psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
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Post: #212 Posted: Mon Jan 07, 2013 9:12 am Post subject: |
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vinay28 wrote: | sam, you have bought puts. What's your SL? |
Closing stop above 6050.... |
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pkholla Black Belt
Joined: 04 Nov 2010 Posts: 2890
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Post: #213 Posted: Mon Jan 07, 2013 9:23 am Post subject: |
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New saying: Mango aadmi propose, Firangi aadmi (FII) dispose
Sam be careful that the flood of FII cash pouring in recently will negate any negative views u have of the market, yane - of - = +
I think we need to monitor QEs next so that we will get hint of next bucket of $$$, EEE, YYY pouring in
Cheers, Prakash Holla |
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skd2012 Yellow Belt
Joined: 03 Oct 2012 Posts: 948
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Post: #214 Posted: Mon Jan 07, 2013 9:28 am Post subject: |
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highly volatile trade is possible today.... let's see which way it moves first... |
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psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
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Post: #215 Posted: Mon Jan 07, 2013 9:37 am Post subject: |
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pkholla wrote: | New saying: Mango aadmi propose, Firangi aadmi (FII) dispose
Sam be careful that the flood of FII cash pouring in recently will negate any negative views u have of the market, yane - of - = +
I think we need to monitor QEs next so that we will get hint of next bucket of $$$, EEE, YYY pouring in
Cheers, Prakash Holla |
Hahaha...yes...you're correct, Prakash...you never know when the next dose of QE is coming....but I'm prepared.... |
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SP50 Brown Belt
Joined: 26 Nov 2010 Posts: 1615
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Post: #216 Posted: Mon Jan 07, 2013 10:36 am Post subject: |
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Happy New Year Everyone, I am back after my holidays, hope all well and wish everyone makes tonnes of money this year!!! |
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psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
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Post: #217 Posted: Mon Jan 07, 2013 10:53 am Post subject: |
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taxmann50 wrote: | Happy New Year Everyone, I am back after my holidays, hope all well and wish everyone makes tonnes of money this year!!! |
I have heard that somebody made a fortune recently in the market and went for holidays..... |
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SP50 Brown Belt
Joined: 26 Nov 2010 Posts: 1615
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Post: #218 Posted: Mon Jan 07, 2013 10:57 am Post subject: |
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psalm wrote: | taxmann50 wrote: | Happy New Year Everyone, I am back after my holidays, hope all well and wish everyone makes tonnes of money this year!!! |
I have heard that somebody made a fortune recently in the market and went for holidays..... |
It was not me, I am a poor fellow, my fortunes are yet to be made |
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psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
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Post: #219 Posted: Mon Jan 07, 2013 11:06 am Post subject: |
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taxmann50 wrote: |
It was not me, I am a poor fellow, my fortunes are yet to be made |
hahaha....I was talkin abt FIIs.... |
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saumya12 Brown Belt
Joined: 21 Dec 2011 Posts: 1509
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Post: #220 Posted: Mon Jan 07, 2013 11:36 am Post subject: |
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psalm wrote: | taxmann50 wrote: |
It was not me, I am a poor fellow, my fortunes are yet to be made |
hahaha....I was talkin abt FIIs.... |
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psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
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Post: #221 Posted: Mon Jan 07, 2013 1:05 pm Post subject: |
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Market is looking slightly weak to me. As long as we don't make an hourly close above 6025, one can hold on to their short positions, I feel. I had earlier mentioned about the range 6027-6040 range for selling. Even though the market has opened around 6042, it didn't trade there even for a minute. After the first minute candle, the high made is exactly 6027. So, effectively, the market hasn't broken above 6027 yet. |
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SP50 Brown Belt
Joined: 26 Nov 2010 Posts: 1615
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Post: #222 Posted: Mon Jan 07, 2013 1:13 pm Post subject: |
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psalm wrote: | Market is looking slightly weak to me. As long as we don't make an hourly close above 6025, one can hold on to their short positions, I feel. I had earlier mentioned about the range 6027-6040 range for selling. Even though the market has opened around 6042, it didn't trade there even for a minute. After the first minute candle, the high made is exactly 6027. So, effectively, the market hasn't broken above 6027 yet. |
Its taking time to fall but predicting here is difficult, |
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psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
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Post: #223 Posted: Mon Jan 07, 2013 1:25 pm Post subject: |
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taxmann50 wrote: | psalm wrote: | Market is looking slightly weak to me. As long as we don't make an hourly close above 6025, one can hold on to their short positions, I feel. I had earlier mentioned about the range 6027-6040 range for selling. Even though the market has opened around 6042, it didn't trade there even for a minute. After the first minute candle, the high made is exactly 6027. So, effectively, the market hasn't broken above 6027 yet. |
Its taking time to fall but predicting here is difficult, |
Yes it is holding here....I was mentioning about the SHORTs already initiated....by the way, its always difficult or almost impossible to predict correctly. What you can do is to have a plan and act accordingly....As part of that plan, there is nothing wrong in taking some risks if there is good probability for that event to occur... |
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psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
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Post: #224 Posted: Mon Jan 07, 2013 3:00 pm Post subject: |
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Rupee is struggling.....almost at the lows of the day....hence, the IT stocks are doing well again today.....many stocks are at their highs of the day.... |
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skd2012 Yellow Belt
Joined: 03 Oct 2012 Posts: 948
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Post: #225 Posted: Mon Jan 07, 2013 3:24 pm Post subject: |
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Is it starting of expected correction in Jan series? |
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