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Nifty View - MARCH 2013 |
skd2012 Yellow Belt
Joined: 03 Oct 2012 Posts: 948
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Post: #496 Posted: Tue Mar 19, 2013 2:51 pm Post subject: |
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May be tomorrow 5800 spot!! today may be we will close here around 5750-5760NF |
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SP50 Brown Belt
Joined: 26 Nov 2010 Posts: 1615
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Post: #497 Posted: Tue Mar 19, 2013 3:28 pm Post subject: |
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sw_das wrote: | May be tomorrow 5800 spot!! today may be we will close here around 5750-5760NF |
I am looking at below 5700 open tomorrow morning, |
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skd2012 Yellow Belt
Joined: 03 Oct 2012 Posts: 948
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Post: #498 Posted: Tue Mar 19, 2013 3:32 pm Post subject: |
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taxmann50 wrote: | sw_das wrote: | May be tomorrow 5800 spot!! today may be we will close here around 5750-5760NF |
I am looking at below 5700 open tomorrow morning, |
Possible. I was about write this - if we open lower then target needs to be adjusted.
As per me we will open 5-10 points higher. But looking at some pull back tomorrow.
Also 200 DMA buy...but I guess it may take sometime though!! |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #499 Posted: Tue Mar 19, 2013 6:03 pm Post subject: |
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Does anyone really believe that nifty will only go down one way from here?
I feel 6050-6100 on or before 09/04 with immediate low limited to 5676/5712, if it all it goes down further. I intend to go "all out" in longs unless it closes below 5650NS. |
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reachchirag White Belt
Joined: 28 Nov 2012 Posts: 102
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Post: #500 Posted: Tue Mar 19, 2013 6:59 pm Post subject: |
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vinay28 wrote: | Does anyone really believe that nifty will only go down one way from here?
I feel 6050-6100 on or before 09/04 with immediate low limited to 5676/5712, if it all it goes down further. I intend to go "all out" in longs unless it closes below 5650NS. |
I must say that is indeed a very optimistic view... but one with which I agree. Considering majority of traders are net short as of today's closing, I strongly feel the market will trap those shorts and give a rally/relief rally towards at least 5950/6000.
Lets see...
Cheers!!! |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #501 Posted: Tue Mar 19, 2013 7:05 pm Post subject: |
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the neg div in rsi hasnt taken effect yet. confusing whether it will result in further fall or not. |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #502 Posted: Tue Mar 19, 2013 7:38 pm Post subject: |
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apka wrote: | the neg div in rsi hasnt taken effect yet. confusing whether it will result in further fall or not. |
neg div? |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #503 Posted: Tue Mar 19, 2013 7:50 pm Post subject: |
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vinay28 wrote: | apka wrote: | the neg div in rsi hasnt taken effect yet. confusing whether it will result in further fall or not. |
neg div? |
the last portion of the trendline you have drawn, for nifty it is tilting slightly upside and for rsi it has fallen downward. |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #504 Posted: Tue Mar 19, 2013 7:51 pm Post subject: |
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reachchirag wrote: | I must say that is indeed a very optimistic view... but one with which I agree. Considering majority of traders are net short as of today's closing, I strongly feel the market will trap those shorts and give a rally/relief rally towards at least 5950/6000.
Lets see...
Cheers!!! |
There is nothing optimistic or pessimistic as long one has a SL. Every second, someone is buying and someone else is shorting. That doesn't make them optimistic/pessimistic. |
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skd2012 Yellow Belt
Joined: 03 Oct 2012 Posts: 948
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Post: #505 Posted: Tue Mar 19, 2013 7:52 pm Post subject: |
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I do not think it will just do 6000 when it goes next time. If we close above 6000, then it will make a new high 6400 around minimum. It looks to be a bit distant as of now. May be not so useful for time being or for small traders!!
But possibility is present as it is open for testing 200 DMA!! |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #506 Posted: Tue Mar 19, 2013 7:57 pm Post subject: |
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EOD Nifty 5946 -> 5746
EOD PCR 1.29 -> 0.96 |
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skd2012 Yellow Belt
Joined: 03 Oct 2012 Posts: 948
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Post: #507 Posted: Tue Mar 19, 2013 8:06 pm Post subject: |
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Just to add one more thing, in time Govt goes, we can see a crash. I am not sure if it (Govt fall) will happen at all. This is one caveat/risk. |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #508 Posted: Tue Mar 19, 2013 8:08 pm Post subject: |
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no crash if govt falls. FIIs will be happy! |
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pkholla Black Belt
Joined: 04 Nov 2010 Posts: 2890
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Post: #509 Posted: Tue Mar 19, 2013 8:39 pm Post subject: |
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Vinayjee? Taxmannjee? Apkajee? Ghaisasjee?: Ab kya bolte ho? Robert C Miner fib retr method prediction made by me about 5750 NS EOD close? Now lets see, if falls further, sharp collapse likely. Regards, Prakash Holla |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #510 Posted: Tue Mar 19, 2013 8:55 pm Post subject: |
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prakashjee, you are a genius! |
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