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Nifty View - Jan 2013 |
psalm
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Post: #61  Posted: Tue Jan 01, 2013 10:23 am Post subject: |
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| vinay28 wrote: | | psalm wrote: | | vinay28 wrote: | | fiscal cliff deal signed yesterday midnight |
There was no signing and all, Vinay....there were talks between Reps and Dems the whole night....and there is agreement between them now....now this bill has to be passed by the senate....it is expected to be passed soon..... |
sam, the bill has to be passed by the senate but the deal was indeed signed. Unfortunately, as prakash said, they have also agreed to kick the can down the road for a while for a few issues. |
Vinay, there is agreement between Dems and Reps now....nothing else.....they were arguing over tax hikes and spending cuts...but most of the issues are solved now which will make the bill easy to get passed......but there is nothing like signing the deal...the deal is a verbal one, between the reps and dems.....this agreement between them has no legal validity....that means they have agreed to vote for the bill in principle....nothing else has happened yesterday which have legal implications....but it is almost 99% sure that the senate or the congress will pass it...as both are agreed on the terms.... |
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skd2012
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Joined: 03 Oct 2012
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| Post: #62 Posted: Tue Jan 01, 2013 10:31 am Post subject: |
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| 6020-30 NF future range is resistance zone for the swing I think. |
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psalm
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| Post: #63 Posted: Tue Jan 01, 2013 10:32 am Post subject: |
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| psalm wrote: | | vinay28 wrote: | | psalm wrote: | | vinay28 wrote: | | fiscal cliff deal signed yesterday midnight |
There was no signing and all, Vinay....there were talks between Reps and Dems the whole night....and there is agreement between them now....now this bill has to be passed by the senate....it is expected to be passed soon..... |
sam, the bill has to be passed by the senate but the deal was indeed signed. Unfortunately, as prakash said, they have also agreed to kick the can down the road for a while for a few issues. |
Vinay, there is agreement between Dems and Reps now....nothing else.....they were arguing over tax hikes and spending cuts...but most of the issues are solved now which will make the bill easy to get passed......but there is nothing like signing the deal...the deal is a verbal one, between the reps and dems.....this agreement between them has no legal validity....that means they have agreed to vote for the bill in principle....nothing else has happened yesterday which have legal implications....but it is almost 99% sure that the senate or the congress will pass it...as both are agreed on the terms.... |
See the following link:
http://in.reuters.com/article/2013/01/01/usa-fiscal-idINDEE8BR08S20130101 |
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vinay28
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| Post: #64 Posted: Tue Jan 01, 2013 10:46 am Post subject: |
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I am not going to see any link. I know I have signed the deal!  |
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rsnerella
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Joined: 30 Jul 2008
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| Post: #65 Posted: Tue Jan 01, 2013 10:48 am Post subject: Nifty view - January |
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Deal over Vinay, yet public suppose to know about it. 
 |
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skd2012
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Joined: 03 Oct 2012
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| Post: #66 Posted: Tue Jan 01, 2013 11:40 am Post subject: |
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spot wise I think 20-30 points upside left....anytime if NIFTY spot goes below 5900 now on correction will set in. But difficult to tell that it will happen specially Dow has confusing pattern....but 8% correction in Jan series is a good probability  |
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GHAISAS
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| Post: #67 Posted: Tue Jan 01, 2013 11:45 am Post subject: |
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sw, aap ne mujhe daraaya - piya nahi kuch naahi. it may be 5900 you mean to say?
happy new year
ghaisas
NB : sw, - aap ne post edit kiya kya? ya phir abhi tak utari naahi? ( kisi ?) |
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skd2012
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| Post: #68 Posted: Tue Jan 01, 2013 11:47 am Post subject: |
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| GHAISAS wrote: | sw, aap ne mujhe daraaya - piya nahi kuch naahi. it may be 5900 you mean to say?
happy new year
ghaisas
NB : sw, - aap ne post edit kiya kya? ya phir abhi tak utari naahi? ( kisi ?) |
happy new year. yes edit kiya. pahele galat number diya tha. |
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GHAISAS
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| Post: #69 Posted: Tue Jan 01, 2013 11:49 am Post subject: |
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sw, thanks. Thanks for your studious posts also.
ghaisas. |
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psalm
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| Post: #70 Posted: Tue Jan 01, 2013 12:39 pm Post subject: |
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| Senate overwhelmingly approved 'fiscal cliff' bill by vote of 89-8. |
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vinay28
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| Post: #71 Posted: Tue Jan 01, 2013 12:39 pm Post subject: |
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fiscal cliff bill passed in the senate. sam, I told you I had signed it.  |
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psalm
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| Post: #72 Posted: Tue Jan 01, 2013 12:44 pm Post subject: |
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| psalm wrote: | | Senate overwhelmingly approved 'fiscal cliff' bill by vote of 89-8. |
House Of Representatives To Vote On Bill Later Today....but looks like another formality.... |
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skd2012
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| Post: #73 Posted: Tue Jan 01, 2013 12:48 pm Post subject: |
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| sw_das wrote: | | As per me it will make 5970-75 spot. It is taking time to do that though. |
As we get closer it is better to give up longs and enjoy starting of new year. 
Let market decide next action in next a few days. It is very critical to judge that next move. |
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pkholla
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| Post: #74 Posted: Tue Jan 01, 2013 1:13 pm Post subject: |
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| vinay28 wrote: | | fiscal cliff bill passed in the senate. sam, I told you I had signed it. |
Us President, Reps and Sens are like Bevda signing cheques left and right to pay staff, oil companies, foreign airplane lenders, airport authorities. Sign is the easy part! But bank me paisa hai kya??? |
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psalm
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| Post: #75 Posted: Tue Jan 01, 2013 1:19 pm Post subject: |
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| pkholla wrote: | | vinay28 wrote: | | fiscal cliff bill passed in the senate. sam, I told you I had signed it. |
Us President, Reps and Sens are like Bevda signing cheques left and right to pay staff, oil companies, foreign airplane lenders, airport authorities. Sign is the easy part! But bank me paisa hai kya??? |
There is a mantra for that, Prakash....."CTRL + P".... |
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