| View previous topic :: View next topic |
| Author |
Nifty View - July 2013 |
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
Post: #241  Posted: Fri Jul 12, 2013 4:29 pm Post subject: |
 |
|
| riteshucha wrote: | | u mean 5895?? |
no ritesh. I feel sequence of nifty's levels in next 2 days may be 6025/40/5990-85/6051/5990-85/6090/6015/6080/6000-5995. I could be wrong but I will take a chance by buying/selling according to this pattern.
SL could be 5965/30. Tight 5980 but could be touch and go. Important to see whether NS opens below 5974.
Last edited by vinay28 on Sat Jul 13, 2013 7:20 pm; edited 1 time in total |
|
| Back to top |
|
 |
|
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #242 Posted: Fri Jul 12, 2013 4:33 pm Post subject: |
|
|
| No place to hide BUT could be only for a few days. |
|
| Back to top |
|
|
apka
Black Belt
Joined: 13 Dec 2011
Posts: 6137
|
| Post: #243 Posted: Fri Jul 12, 2013 4:54 pm Post subject: |
|
|
| vinay28 wrote: | | No place to hide BUT could be only for a few days. |
lol what? and then they will come out? let them hibernate for 6 months atleast
RBI sold dollars, now close 5pm at 59.566
_______
Just for noting purpose:
1) Since 1st week of May for 9 consecutive weeks USD/INR has breached it's previous week's high. This is the 10th week and we have not crossed last (9th) week's high...
2) 1st red weekly candle since 9 weeks.
3) This week's close is also near last week's opening price and last to last week's closing price of 59.533 |
|
| Back to top |
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #244 Posted: Fri Jul 12, 2013 5:22 pm Post subject: |
|
|
| apka wrote: | | vinay28 wrote: | | No place to hide BUT could be only for a few days. |
lol what? and then they will come out? let them hibernate for 6 months atleast |
sorry, till 18th only. |
|
| Back to top |
|
|
bharatpatel
White Belt
Joined: 26 Oct 2011
Posts: 401
|
| Post: #245 Posted: Fri Jul 12, 2013 5:23 pm Post subject: Re: hi |
|
|
| bharatpatel wrote: | Some days back ...
levels were.....
5700 5622.15 5569.9
Then i posted the updated levels
they were....
6000 5943.3 5881.25
Above 5569.9 we got target of 5881.25 nicely (profit of around 300 points )
so both the lower levels nifty has touched now we are waiting for either side break out trade which can be converted to good profit making trade.
Bharat. |
Dear Friends,
This was posted on 4th july just nicely achieved 6000.
now if sustain above 6000 our target is 6357 6287.85 6231.25 |
|
| Back to top |
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #246 Posted: Fri Jul 12, 2013 5:40 pm Post subject: |
|
|
CPI up at 9.8% and IIP down at -1%.  |
|
| Back to top |
|
|
Alok Tewari
White Belt
Joined: 02 Oct 2006
Posts: 41
|
| Post: #247 Posted: Fri Jul 12, 2013 6:06 pm Post subject: IIP |
|
|
| vinay28 wrote: | | CPI up at 9.8% and IIP down at -1%. |
Forget about Growth, Indian economy is slowing down, Inflation is going up, Rupee is depreciating like no one's business but Indian stock markets are going up 2% every day for last 2 days only because of Ben's one sentence. I thought stock markets are mirror of country's economy & growth.
Let us see if any sanity returns on Monday. Nifty should have been at 5200 & not at 6000.
Cheers !!!!
Alok Tewari |
|
| Back to top |
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #248 Posted: Fri Jul 12, 2013 7:17 pm Post subject: Re: IIP |
|
|
| Alok Tewari wrote: | ......Nifty should have been at 5200 & not at 6000.
Cheers !!!!
Alok Tewari |
There is a 16th century english proverb "if wishes were horses, beggers would ride" |
|
| Back to top |
|
|
pkholla
Black Belt
Joined: 04 Nov 2010
Posts: 2890
|
| Post: #249 Posted: Fri Jul 12, 2013 7:28 pm Post subject: Re: IIP etc |
|
|
| Alok Tewari wrote: | | but Indian stock markets are going up 2% every day for last 2 days only because of Ben's one sentence. I thought stock markets are mirror of country's economy & growth. Nifty should have been at 5200 & not at 6000. Alok Tewari |
Alok: Please read expert Ramesh Raja's comments how NF is zoomed up 100-200 pts one day and crashed 100-200 pts another day by our beloved market movers. There is absolutely no connect between fundamentals and technicals nowadays. Read Al Brooks on Price Action and make money just by following CMP.
BTW, nothing is manufactured anymore in USA, all imported, except scandals, but still NYSE etc at high. How? Sabh kuch manipulation hai, bhai!!! All smoke and mirrors. Jai Hind, Prakash Holla |
|
| Back to top |
|
|
p_wangdu
White Belt
Joined: 30 Apr 2012
Posts: 126
|
|
| Back to top |
|
|
singh.ravee
Yellow Belt
Joined: 12 Aug 2010
Posts: 678
|
| Post: #251 Posted: Fri Jul 12, 2013 9:48 pm Post subject: Re: IIP |
|
|
| Alok Tewari wrote: |
Forget about Growth, Indian economy is slowing down, Inflation is going up, Rupee is depreciating like no one's business but Indian stock markets are going up 2% every day for last 2 days only because of Ben's one sentence. I thought stock markets are mirror of country's economy & growth.
Let us see if any sanity returns on Monday. Nifty should have been at 5200 & not at 6000.
Alok Tewari |
Markets run on perceived values, not on actual values. whether cmp = 6000 or 5200, its perceived value.
For a trader most imp thing is market should move. Till time its fulfilling this promise, mint money. Let analysts do this gossip.
rgds
ravee |
|
| Back to top |
|
|
rakeshliving
White Belt
Joined: 03 Jan 2011
Posts: 88
|
| Post: #252 Posted: Fri Jul 12, 2013 11:37 pm Post subject: |
|
|
| apka wrote: | thanks saumya,
@rakeshliving... i dont KID for trading... u can do what u seem suitable. |
Tussi toh naraj ho gaye.... prabhu i learnt every bit of market from ichart, from the members of icharts, like you, like Vinay, like Veeru and many more....
i will care next time what i post... ok
Thanks...!!!  |
|
| Back to top |
|
|
apka
Black Belt
Joined: 13 Dec 2011
Posts: 6137
|
| Post: #253 Posted: Fri Jul 12, 2013 11:51 pm Post subject: |
|
|
| rakeshliving wrote: | | apka wrote: | thanks saumya,
@rakeshliving... i dont KID for trading... u can do what u seem suitable. |
Tussi toh naraj ho gaye.... prabhu i learnt every bit of market from ichart, from the members of icharts, like you, like Vinay, like Veeru and many more....
i will care next time what i post... ok
Thanks...!!! |
i checked the post again.....i dont know mein kyun naraz ho gaya.. maybe i was   cuz my english is not making sense to me lol
so on the other hand i take back what i said... karo post karo bindaas |
|
| Back to top |
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #254 Posted: Sat Jul 13, 2013 12:36 pm Post subject: |
|
|
Nifty for Monday (15/07/13)
Supports are at about 5980, 5950, 5939 and 5890 while resistances are at about 6040, 6062 and 6095. Two +WWs can give about 6072 and 6100 (+WWs with higher targets are not mentioned as of now). Five -WWs can give about 5962 (once below 5986), 5950 (once below 5993), 5931 (once below 5970), 5925 (once below 5960) and 5873 (once below 5950) (-WWs with lower targets are not mentioned presently). A daily bullish flag can give about 6085 unless killed below about 5700.
Nifty closed flattish after a gap up opening but yet closed above 6000, giving strongly bullish signal. But, the daily candle is a hanging man, a bearish sign. However, RSI is not oversold and weekly chart shows bullishness and hence nifty may not fall much. Intraday breach of 5950 should be taken as alert but a weekly close below about 5915 can cause further fall. Oil price and INR will remain key to the future of Indian markets in the short term. VIX and PCR are expected to remain high and can cause sharp swings. Only global cues and/or liquidity can take nifty further up. |
|
| Back to top |
|
|
apka
Black Belt
Joined: 13 Dec 2011
Posts: 6137
|
| Post: #255 Posted: Sat Jul 13, 2013 12:46 pm Post subject: |
|
|
| PCR 1.32 |
|
| Back to top |
|
|
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
