| View previous topic :: View next topic |
| Author |
Nifty View - June 2013 |
apka
Black Belt
Joined: 13 Dec 2011
Posts: 6137
|
Post: #406  Posted: Tue Jun 11, 2013 2:56 pm Post subject: |
 |
|
edit
Last edited by apka on Tue Jun 11, 2013 3:03 pm; edited 1 time in total |
|
| Back to top |
|
 |
|
|
|
chandrujimrc
Brown Belt
Joined: 21 Apr 2009
Posts: 1683
|
| Post: #407 Posted: Tue Jun 11, 2013 2:59 pm Post subject: |
|
|
| again and again VIX going up only.No weakness so far.Useless govt.Useless BJP. |
|
| Back to top |
|
|
SP50
Brown Belt
Joined: 26 Nov 2010
Posts: 1615
|
| Post: #408 Posted: Tue Jun 11, 2013 3:00 pm Post subject: |
|
|
| chandrujimrc wrote: | | again and again VIX going up only.No weakness so far.Useless govt.Useless BJP. |
Unless BJP?
What has this got to do with VIX now? |
|
| Back to top |
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
|
| Back to top |
|
|
apka
Black Belt
Joined: 13 Dec 2011
Posts: 6137
|
| Post: #410 Posted: Tue Jun 11, 2013 3:02 pm Post subject: |
|
|
edit
Last edited by apka on Tue Jun 11, 2013 3:07 pm; edited 1 time in total |
|
| Back to top |
|
|
rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
|
| Post: #411 Posted: Tue Jun 11, 2013 3:02 pm Post subject: |
|
|
| apka wrote: | | rk_a2003 wrote: | At any juncture (given point of time) Govt's need to intervene to control the decline of their currency the intervening point will be highly confidential but once intervention occurs, it's an open secret. Now the million dollar question is whether it occured or not?
What the chart is telling us .I see nothing that significant. |
|
Apka,
There could be RBI's intervention.The news is also saying the same .What I mean to convey is the intervention is not that significant/decisive.I came to that conclusion just by seeing the chart.The news posted by 'biznet' confirmed it.
Last edited by rk_a2003 on Tue Jun 11, 2013 3:50 pm; edited 1 time in total |
|
| Back to top |
|
|
pcman262
White Belt
Joined: 15 May 2013
Posts: 16
|
| Post: #412 Posted: Tue Jun 11, 2013 3:04 pm Post subject: |
|
|
my view ..... RBI has indeed intervened but how long it can maintain certain rupee level is a question . Action from finance ministry awaited it should come any time now.... like restriction on forward position etc (please dont ask how I know this)
By the way tomorrow is IIP (apr) and on friday WPI (may ) numbers will be declared. Hope they are better than expectations so that we can get lot of FII money again in the months to come whether it is from gulf japan or US does not matter .......take care and follow the charts as usual.
PC
 |
|
| Back to top |
|
|
SP50
Brown Belt
Joined: 26 Nov 2010
Posts: 1615
|
| Post: #413 Posted: Tue Jun 11, 2013 3:04 pm Post subject: |
|
|
Subba might have had some few extra dollars from his last visit to US and that he might have offloaded for a grand little villa somewhere!!! 
Last edited by SP50 on Tue Jun 11, 2013 3:14 pm; edited 1 time in total |
|
| Back to top |
|
|
apka
Black Belt
Joined: 13 Dec 2011
Posts: 6137
|
| Post: #414 Posted: Tue Jun 11, 2013 3:06 pm Post subject: |
|
|
edit
Last edited by apka on Tue Jun 11, 2013 3:33 pm; edited 1 time in total |
|
| Back to top |
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #415 Posted: Tue Jun 11, 2013 3:10 pm Post subject: |
|
|
| pcman262 wrote: | my view ..... RBI has indeed intervened but how long it can maintain certain rupee level is a question . Action from finance ministry awaited it should come any time now.... like restriction on forward position etc (please dont ask how I know this)
By the way tomorrow is IIP (apr) and on friday WPI (may ) numbers will be declared. Hope they are better than expectations so that we can get lot of FII money again in the months to come whether it is from gulf japan or US does not matter .......take care and follow the charts as usual.
PC |
psu banks sold at rbi's behest. if nifty is going to go down even if IIP/WPI nos are good, it will. After all counts have to be completed and we don't now those counts. |
|
| Back to top |
|
|
apka
Black Belt
Joined: 13 Dec 2011
Posts: 6137
|
| Post: #416 Posted: Tue Jun 11, 2013 3:12 pm Post subject: |
|
|
edit
Last edited by apka on Tue Jun 11, 2013 3:35 pm; edited 1 time in total |
|
| Back to top |
|
|
pcman262
White Belt
Joined: 15 May 2013
Posts: 16
|
| Post: #417 Posted: Tue Jun 11, 2013 3:18 pm Post subject: |
|
|
| vinay28 wrote: | | pcman262 wrote: | my view ..... RBI has indeed intervened but how long it can maintain certain rupee level is a question . Action from finance ministry awaited it should come any time now.... like restriction on forward position etc (please dont ask how I know this)
By the way tomorrow is IIP (apr) and on friday WPI (may ) numbers will be declared. Hope they are better than expectations so that we can get lot of FII money again in the months to come whether it is from gulf japan or US does not matter .......take care and follow the charts as usual.
PC |
psu banks sold at rbi's behest. if nifty is going to go down even if IIP/WPI nos are good, it will. After all counts have to be completed and we don't now those counts. |
U R right Vinay ..... I am angry because govt. action is missing. They are not in a position to take quick and effective actions.
For trader like me up or down mkt does not matter there is always a StopLoss for every trade.
 |
|
| Back to top |
|
|
biznet
White Belt
Joined: 04 Feb 2013
Posts: 46
|
| Post: #418 Posted: Tue Jun 11, 2013 3:18 pm Post subject: |
|
|
Dear apka,
done as you said, sorry for the trouble
BIZNET |
|
| Back to top |
|
|
apka
Black Belt
Joined: 13 Dec 2011
Posts: 6137
|
| Post: #419 Posted: Tue Jun 11, 2013 3:19 pm Post subject: |
|
|
| thanks biznet, no sorries from your side. i spoke first. |
|
| Back to top |
|
|
chandrujimrc
Brown Belt
Joined: 21 Apr 2009
Posts: 1683
|
| Post: #420 Posted: Tue Jun 11, 2013 3:21 pm Post subject: |
|
|
| When they are getting double benefit they will not bothered about rupee depreciation.One way they are encashing their corrupted black money at higher doller rate and other way investing in equity at lower levels. |
|
| Back to top |
|
|
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
