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Nifty View - Jan 2013
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Author Nifty View - Jan 2013
stevenmat
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Joined: 27 Dec 2011
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Post: #466   PostPosted: Mon Jan 14, 2013 10:31 am    Post subject: Reply with quote
psalm wrote:
One can sell Nifty on every rise from here, I feel...even for positional traders....current rate is around 6000....if you can keep a closing stoploss above 6021 or just above 6045 (Nifty future) on a CLOSING basis, its a good place to start initiating a few SHORTs....or at least to start looking to buy a few PUTs..the market may not be able to close above 6000-6002 range...or even above..5993..that's what I feel....current rate is around 5995 with the high of the day around 6000....


but if nifty closes(white candle) within fridays candle ..wouldn't this be an bullish harami? with a possibility of a short term upmove?
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psalm
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Post: #467   PostPosted: Mon Jan 14, 2013 10:33 am    Post subject: Re: Nifty view - January Reply with quote
rsnerella wrote:
SAM: positional short from here, may not be advised as one more high is waiting.


Each and every trader in this universe have different opinions, rsnerella ......you and me are not different.... Laughing
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rsnerella
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Post: #468   PostPosted: Mon Jan 14, 2013 10:37 am    Post subject: Nifty view - January Reply with quote
SAM: Agree fully, until and unless we use the same system for trading. It is system that we follow. Anyway, my view slightly different from your view. Arrow arrowl1
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psalm
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Post: #469   PostPosted: Mon Jan 14, 2013 10:40 am    Post subject: Re: Nifty view - January Reply with quote
rsnerella wrote:
SAM: Agree fully, until and unless we use the same system for trading. It is system that we follow. Anyway, my view slightly different from your view. Arrow arrowl1


I have realized that from your statements... Smile
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vinay28
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Post: #470   PostPosted: Mon Jan 14, 2013 10:43 am    Post subject: Reply with quote
while you argue, I booked my longs. now wait and watch. >6030 is bullish
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rsnerella
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Post: #471   PostPosted: Mon Jan 14, 2013 10:48 am    Post subject: Nifty view - January Reply with quote
Me too booked the longs while in discussion.
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skd2012
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Post: #472   PostPosted: Mon Jan 14, 2013 11:02 am    Post subject: Reply with quote
inflation data is due....
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SP50
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Post: #473   PostPosted: Mon Jan 14, 2013 11:03 am    Post subject: Reply with quote
sw_das wrote:
inflation data is due....


Today?
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skd2012
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Post: #474   PostPosted: Mon Jan 14, 2013 11:05 am    Post subject: Reply with quote
taxmann50 wrote:
sw_das wrote:
inflation data is due....


Today?


Not sure...today or Friday..please confirm....I heard it is today...
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psalm
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Post: #475   PostPosted: Mon Jan 14, 2013 11:05 am    Post subject: Reply with quote
taxmann50 wrote:
sw_das wrote:
inflation data is due....


Today?


not now...at 12 noon I feel...
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psalm
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Post: #476   PostPosted: Mon Jan 14, 2013 11:06 am    Post subject: Reply with quote
psalm wrote:
taxmann50 wrote:
sw_das wrote:
inflation data is due....


Today?


not now...at 12 noon I feel...


sorry already come 10.56... Laughing
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SP50
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Post: #477   PostPosted: Mon Jan 14, 2013 11:06 am    Post subject: Reply with quote
psalm wrote:
psalm wrote:
taxmann50 wrote:
sw_das wrote:
inflation data is due....


Today?


not now...at 12 noon I feel...


sorry already come 10.56... Laughing


Kitne pe aya?
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psalm
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Post: #478   PostPosted: Mon Jan 14, 2013 11:09 am    Post subject: Reply with quote
taxmann50 wrote:
psalm wrote:
psalm wrote:
taxmann50 wrote:
sw_das wrote:
inflation data is due....


Today?


not now...at 12 noon I feel...


sorry already come 10.56... Laughing


Kitne pe aya?


its 10.56% instead of 9.90% in Nov...so bad IIP number is neutralized by a bad Inflation number..... Laughing
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apka
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Post: #479   PostPosted: Mon Jan 14, 2013 11:13 am    Post subject: Reply with quote
psalm wrote:
its 10.56% instead of 9.90% in Nov...so bad IIP number is neutralized by a bad Inflation number..... Laughing


How neutralized? didnt get it...

has WPI been announced ?
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SP50
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Joined: 26 Nov 2010
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Post: #480   PostPosted: Mon Jan 14, 2013 11:14 am    Post subject: Reply with quote
psalm wrote:
taxmann50 wrote:
psalm wrote:
psalm wrote:
taxmann50 wrote:
sw_das wrote:
inflation data is due....


Today?


not now...at 12 noon I feel...


sorry already come 10.56... Laughing


Kitne pe aya?


its 10.56% instead of 9.90% in Nov...so bad IIP number is neutralized by a bad Inflation number..... Laughing


Yes it is,
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