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Nifty View - Jan 2013
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Author Nifty View - Jan 2013
vinay28
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Post: #211   PostPosted: Mon Jan 07, 2013 9:07 am    Post subject: Reply with quote

sam, you have bought puts. What's your SL?
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psalm
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Post: #212   PostPosted: Mon Jan 07, 2013 9:12 am    Post subject: Reply with quote

vinay28 wrote:
sam, you have bought puts. What's your SL?


Closing stop above 6050.... Smile
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pkholla
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Post: #213   PostPosted: Mon Jan 07, 2013 9:23 am    Post subject: Reply with quote

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
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Post: #214   PostPosted: Mon Jan 07, 2013 9:28 am    Post subject: Reply with quote

highly volatile trade is possible today....Smile let's see which way it moves first...
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psalm
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Post: #215   PostPosted: Mon Jan 07, 2013 9:37 am    Post subject: Reply with quote

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.... Laughing
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SP50
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Post: #216   PostPosted: Mon Jan 07, 2013 10:36 am    Post subject: Reply with quote

Happy New Year Everyone, I am back after my holidays, hope all well and wish everyone makes tonnes of money this year!!! Laughing Laughing Laughing
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psalm
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Post: #217   PostPosted: Mon Jan 07, 2013 10:53 am    Post subject: Reply with quote

taxmann50 wrote:
Happy New Year Everyone, I am back after my holidays, hope all well and wish everyone makes tonnes of money this year!!! Laughing Laughing Laughing


I have heard that somebody made a fortune recently in the market and went for holidays..... angel
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SP50
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Post: #218   PostPosted: Mon Jan 07, 2013 10:57 am    Post subject: Reply with quote

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!!! Laughing Laughing Laughing


I have heard that somebody made a fortune recently in the market and went for holidays..... angel


It was not me, I am a poor fellow, my fortunes are yet to be made Laughing
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psalm
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Post: #219   PostPosted: Mon Jan 07, 2013 11:06 am    Post subject: Reply with quote

taxmann50 wrote:


It was not me, I am a poor fellow, my fortunes are yet to be made Laughing


hahaha....I was talkin abt FIIs.... Laughing
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saumya12
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Post: #220   PostPosted: Mon Jan 07, 2013 11:36 am    Post subject: Reply with quote

psalm wrote:
taxmann50 wrote:


It was not me, I am a poor fellow, my fortunes are yet to be made Laughing


hahaha....I was talkin abt FIIs.... Laughing

24 24 24
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psalm
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Post: #221   PostPosted: Mon Jan 07, 2013 1:05 pm    Post subject: Reply with quote

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
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Post: #222   PostPosted: Mon Jan 07, 2013 1:13 pm    Post subject: Reply with quote

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
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Post: #223   PostPosted: Mon Jan 07, 2013 1:25 pm    Post subject: Reply with quote

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... Smile
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psalm
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Post: #224   PostPosted: Mon Jan 07, 2013 3:00 pm    Post subject: Reply with quote

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
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Post: #225   PostPosted: Mon Jan 07, 2013 3:24 pm    Post subject: Reply with quote

Is it starting of expected correction in Jan series?
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