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Nifty View - Jan 2013
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Author Nifty View - Jan 2013
vinay28
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Post: #256   PostPosted: Tue Jan 08, 2013 12:52 pm    Post subject: Reply with quote
pcr was 1.03 eod yesterday, not good still
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psalm
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Post: #257   PostPosted: Tue Jan 08, 2013 1:08 pm    Post subject: Reply with quote
If somebody can afford 10 points (or even with a stop below 5964), there is nothing wrong in going LONG here, I feel...I have a feeling that we may test 5990-6010 range again later today..current rate is around 5970.....purely intraday...that too with strict stop.... Smile
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SP50
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Post: #258   PostPosted: Tue Jan 08, 2013 1:17 pm    Post subject: Reply with quote
psalm wrote:
If somebody can afford 10 points (or even with a stop below 5964), there is nothing wrong in going LONG here, I feel...I have a feeling that we may test 5990-6010 range again later today..current rate is around 5970.....purely intraday...that too with strict stop.... Smile


I am going long on some individual stocks , lets see
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skd2012
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Post: #259   PostPosted: Tue Jan 08, 2013 2:12 pm    Post subject: Reply with quote
Still early to say but setup is present to cross 6060 NF resistance tomorrow...
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psalm
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Post: #260   PostPosted: Tue Jan 08, 2013 2:13 pm    Post subject: Reply with quote
psalm wrote:
If somebody can afford 10 points (or even with a stop below 5964), there is nothing wrong in going LONG here, I feel...I have a feeling that we may test 5990-6010 range again later today..current rate is around 5970.....purely intraday...that too with strict stop.... Smile


Book some partial profit here or modify your stops to comfortable levels....
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rakeshliving
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Post: #261   PostPosted: Tue Jan 08, 2013 2:16 pm    Post subject: Reply with quote
psalm wrote:
If somebody can afford 10 points (or even with a stop below 5964), there is nothing wrong in going LONG here, I feel...I have a feeling that we may test 5990-6010 range again later today..current rate is around 5970.....purely intraday...that too with strict stop.... Smile



clap2
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skd2012
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Post: #262   PostPosted: Tue Jan 08, 2013 2:24 pm    Post subject: Reply with quote
indeed good call psalm. Even though I was long, did not dare to tell we will move up today. Very Happy

Booked some and hold some...incase we are trying to 6050 today and 6100 tomorrow

people are expecting bad results from ALCOA in USA market today....If it is better than expected, then we can see more upside Very Happy

But one needs to protect himself...
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psalm
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Post: #263   PostPosted: Tue Jan 08, 2013 2:31 pm    Post subject: Reply with quote
Towards the end of the session, if you think that we will close below 5993 levels, I'll suggest to exit LONGs...or else have some protection to your LONGs....The index will have to close above 5993 to have any hope of further upside, I believe. Having said that closing above 6010 doesn't look probable. Anyway, let's wait and see how we're gonna close today. Smile
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skd2012
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Post: #264   PostPosted: Tue Jan 08, 2013 2:38 pm    Post subject: Reply with quote
psalm, normally do not take over night risk with future position..TSL in place either it will hit or will book out around 3:25PM.
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psalm
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Post: #265   PostPosted: Tue Jan 08, 2013 2:41 pm    Post subject: Reply with quote
sw_das wrote:
psalm, normally do not take over night risk with future position..TSL in place either it will hit or will book out around 3:25PM.


cool... Very Happy
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skd2012
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Post: #266   PostPosted: Tue Jan 08, 2013 3:04 pm    Post subject: Reply with quote
2guns 2guns

cheers!! booking out max at 6045 NF.
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skd2012
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Post: #267   PostPosted: Tue Jan 08, 2013 3:05 pm    Post subject: Reply with quote
IN fact exited all. Smile
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psalm
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Post: #268   PostPosted: Tue Jan 08, 2013 3:05 pm    Post subject: Reply with quote
sw_das wrote:
2guns 2guns

cheers!! booking out max at 6045 NF.


Yup, its good to profit in the range 6005-6011.... Very Happy
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skd2012
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Post: #269   PostPosted: Tue Jan 08, 2013 3:06 pm    Post subject: Reply with quote
psalm, I think it will show 6100 tomorrow...but can not resist myself from taking profit....
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vinay28
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Post: #270   PostPosted: Tue Jan 08, 2013 3:10 pm    Post subject: Reply with quote
sam, is it still bullish if it closes above 5993/6010?
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