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Nifty View - November Series |
pkholla Black Belt
Joined: 04 Nov 2010 Posts: 2890
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Post: #196 Posted: Mon Nov 17, 2014 10:07 pm Post subject: Vinay |
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NU2013 wrote: | Vinay's success rate has been very good and he's never said which way the market is going to move; he only calls out the numbers as he sees them and its up to the reader/trader to make up his mind.
These kind of comments are unwarranted. |
I agree with you, NU2013.
Vinay is not running a paid service with live calls. He is NOT asking us to send him donations! He is reporting his own trades and reasons why he is entering them. It is upto us to agree or disagree and whether to trade the tip.
And yes, even Vinay cannot have a 100% success rate. But having said that, he has had some spectacular profitable trades and will continue to do so as he has sound investing techniques
Cheers, Prakash Holla |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #197 Posted: Tue Nov 18, 2014 9:06 am Post subject: |
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today we may see H-L=90 or more. |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #198 Posted: Tue Nov 18, 2014 9:48 am Post subject: |
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bank nifty is 17675 spot now... i think we should see 17850-17900 today |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #199 Posted: Tue Nov 18, 2014 9:52 am Post subject: |
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apka wrote: | bank nifty is 17675 spot now... i think we should see 17850-17900 today |
IMHO, it is better to protect your longs now. |
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dilpat White Belt
Joined: 18 Mar 2013 Posts: 19
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Post: #200 Posted: Tue Nov 18, 2014 10:25 am Post subject: |
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Vinay sir,
Any stoploss for shorts?
pkholla wrote: | dilpat wrote: | holding my short position, is it ok? |
Dilpat: The market is liquidity and optimism driven right now. All negative factors like likely recession in Europe are being ignored. Quite a few companies are reporting results not as good as previous quarters but that doesnt matter to bulls! Latest optimism is partly due to 3 year low in crude oil. Every positive point (however small) is being hyped. Market is in the grip of N-ia$%a-M. It is being inspired to greater values of NF but the after-effect will be terrible. When will that happen, God only knows ???
Also remember from past history, FIIs like to go for XMas holiday with profits, so they may manipulate NF upwards till, say, Dec 12-15, then sell out and fly home to impress the family with their bonuses!!!
In the meantime why dont you Google "AL BROOKS + 4 shared dot com" and download his trading book: Reading Price Charts Bar by Bar, 37 MB? His excellent remark inspires my trading nowadays: "Always have (at least) two good reasons to enter a trade"
Jai Hind, Prakash Holla |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #201 Posted: Tue Nov 18, 2014 10:40 am Post subject: |
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dilpat wrote: | Vinay sir,
Any stoploss for shorts? |
dilpat, first SL is 60tf close above 8465NF (ideally remaining above for 60 min) and next 8500. I have bought 8200pe for dec today. |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #202 Posted: Tue Nov 18, 2014 10:41 am Post subject: |
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The mountain goats can keep climbing along the slope but once oxygen becomes too rare and they start coming down, may be in few days, a pack of wolves are waiting to pounce |
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dilpat White Belt
Joined: 18 Mar 2013 Posts: 19
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Post: #203 Posted: Tue Nov 18, 2014 10:42 am Post subject: |
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Ok sir,
vinay28 wrote: | dilpat wrote: | Vinay sir,
Any stoploss for shorts? |
dilpat, first SL is 60tf close above 8465NF (ideally remaining above for 60 min) and next 8500. I have bought 8200pe for dec today. |
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riteshucha Green Belt
Joined: 19 May 2012 Posts: 1292
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Post: #204 Posted: Tue Nov 18, 2014 11:51 am Post subject: |
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sent u a pm vinay... just see and comment pls... |
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pkholla Black Belt
Joined: 04 Nov 2010 Posts: 2890
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Post: #205 Posted: Tue Nov 18, 2014 11:55 am Post subject: |
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vinay28 wrote: | The mountain goats can keep climbing along the slope but once oxygen becomes too rare ... |
......they can put on oxygen masks, and eat special protein rich diet, donated by FIIs and local bulbuls and continue climbing until FIIs demand their oxygen masks and climbing gear be returned ASAP?
Prakash Holla |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #206 Posted: Tue Nov 18, 2014 12:00 pm Post subject: |
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pkholla wrote: | vinay28 wrote: | The mountain goats can keep climbing along the slope but once oxygen becomes too rare ... |
......they can put on oxygen masks, and eat special protein rich diet, donated by FIIs and local bulbuls and continue climbing until FIIs demand their oxygen masks and climbing gear be returned ASAP?
Prakash Holla |
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Just Trade Brown Belt
Joined: 15 Nov 2007 Posts: 2388
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Post: #207 Posted: Tue Nov 18, 2014 2:36 pm Post subject: |
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Vinay & PK
I have gone short today at 8460 will exit if closes above 8550.
All Indicators are in BUY but you know I am crazy
Regards
JT
vinay28 wrote: | pkholla wrote: | vinay28 wrote: | The mountain goats can keep climbing along the slope but once oxygen becomes too rare ... |
......they can put on oxygen masks, and eat special protein rich diet, donated by FIIs and local bulbuls and continue climbing until FIIs demand their oxygen masks and climbing gear be returned ASAP?
Prakash Holla |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #208 Posted: Tue Nov 18, 2014 4:03 pm Post subject: |
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Just Trade wrote: | Vinay & PK
I have gone short today at 8460 will exit if closes above 8550.
All Indicators are in BUY but you know I am crazy
Regards
JT |
thanks a lot JT. I too am short and my SL presently is 60tf close above 8465NF (worse case 8500) since I feel 8540 and 8630 are possible and can come in quick time unless it falls from here. |
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pkholla Black Belt
Joined: 04 Nov 2010 Posts: 2890
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Post: #209 Posted: Tue Nov 18, 2014 8:03 pm Post subject: JT= Crazy!?! |
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Just Trade wrote: | Vinay & PK I have gone short today at 8460 will exit if closes above 8550. All Indicators are in BUY but you know I am crazy
Regards JT |
Yeah. Crazy like a FOX who has sighted an opening into a chicken farm full of plump broilers!
Prakash Holla |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #210 Posted: Tue Nov 18, 2014 8:28 pm Post subject: |
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Nifty for Wednesday (19/11/14)
Supports are at about 8401, 8381, 8368 and 8321 while resistances are at about 8436, 8452, 8481 and 8528. A +WW can give about 8506 (+WWs with higher targets are not mentioned as of now). Two -WWs can give about 8300 (once below 8420) and 8268 (once below 8390) (-WWs with much lower targets are not mentioned as of now). A channel BO/BD can give 8520/8280. A bullish flag can give higher level unless killed below 8390.
Nifty fell after a gap up open but closed above 8400. The -ve div on daily and weekly TF still persists and will not go unless rsi crosses 75.08 on daily to begin with. A close below 8310 will invite bears. Global and local eco-political events can have a bearing on how nifty moves in short term. |
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