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NIFTY VIEW - November |
psalm
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Joined: 12 Nov 2011
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Post: #166  Posted: Fri Nov 09, 2012 11:49 am Post subject: |
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| As everyone knows that Apple is the most valuable firm in the world....at least in terms of Market cap......it has been a pillar of strength of the U.S markets for the last few years...especially after the 2008 crash....For the stock, 55 week SMA has been a very strong support for the last few years....Yesterday after a gap of over 3 years, Apple had closed (daily close at 538) below its 55-week SMA which is around 545....now the only support visible nearby is around 528 which is its recent low....so, it will be interesting to see how the markets in the U.S perform today...as today marks the weekly closing....if Apple closes below 545 levels today as well, then expect much more correction in that stock and hence in the U.S. Markets as well...here is the chart of Apple...... |
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pkholla
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| Post: #167 Posted: Fri Nov 09, 2012 12:00 pm Post subject: |
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Sam: Re election over. Party over. Now hangover.
Now the truth can be revealed about the true state of the US economy.
BTW, what about the 2nd richest co. (at least at time of IPO!) "Face Tuck!"??? Prakash Holla |
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psalm
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| Post: #168 Posted: Fri Nov 09, 2012 12:09 pm Post subject: |
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| pkholla wrote: | Sam: Re election over. Party over. Now hangover.
Now the truth can be revealed about the true state of the US economy.
BTW, what about the 2nd richest co. (at least at time of IPO!) "Face Tuck!"??? Prakash Holla |
Here it is, Prakash....just 20 bucks away from bottoming out....  |
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apka
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| Post: #169 Posted: Fri Nov 09, 2012 12:33 pm Post subject: |
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i read somewhere greece will have its budget day on this sunday.
sbin results out. not good. bad npas. |
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psalm
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| Post: #170 Posted: Fri Nov 09, 2012 12:48 pm Post subject: |
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| apka wrote: | i read somewhere greece will have its budget day on this sunday.
sbin results out. not good. bad npas. |
yup...sbi is under some sellign pressure now...now it looks very difficult for the stock to break above 2245-2265 range... |
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psalm
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| Post: #171 Posted: Fri Nov 09, 2012 1:09 pm Post subject: |
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| Hang Seng trading around its lows of the day...means the weekly candle looks bad....appears reasonably weak.... |
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psalm
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| Post: #172 Posted: Fri Nov 09, 2012 1:20 pm Post subject: |
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| psalm wrote: | | apka wrote: | i read somewhere greece will have its budget day on this sunday.
sbin results out. not good. bad npas. |
yup...sbi is under some sellign pressure now...now it looks very difficult for the stock to break above 2245-2265 range... |
SBI looks like a SELL even at current levels around 2155.....but rallies, if any, up to 2215 could be another excellent opportunity to sell the stock..... |
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psalm
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| Post: #173 Posted: Fri Nov 09, 2012 1:27 pm Post subject: |
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| European markets are expected to open flat to slight negative.... |
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vinay28
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Joined: 24 Dec 2010
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| Post: #174 Posted: Fri Nov 09, 2012 1:43 pm Post subject: |
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| vinay28 wrote: | because I am hoping for NF to first come down such that values of 5900/6000ce are 10/5 and then rise.  |
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psalm
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| Post: #175 Posted: Fri Nov 09, 2012 1:53 pm Post subject: |
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| vinay28 wrote: | | vinay28 wrote: | | because I am hoping for NF to first come down such that values of 5900/6000ce are 10/5 and then rise. |
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 ...5645-5630 range looks a real possibility now as we've started trading below 5680.... |
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saumya12
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Joined: 21 Dec 2011
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| Post: #176 Posted: Fri Nov 09, 2012 2:03 pm Post subject: |
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| psalm wrote: | | vinay28 wrote: | | vinay28 wrote: | | because I am hoping for NF to first come down such that values of 5900/6000ce are 10/5 and then rise. |
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...5645-5630 range looks a real possibility now as we've started trading below 5680.... |
Vinay, is it better to buy 5800 calls or the 5900/6000 calls later on, taking time decay etc. into consideration. |
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SP50
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Joined: 26 Nov 2010
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| Post: #177 Posted: Fri Nov 09, 2012 2:03 pm Post subject: |
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| psalm wrote: | | vinay28 wrote: | | vinay28 wrote: | | because I am hoping for NF to first come down such that values of 5900/6000ce are 10/5 and then rise. |
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...5645-5630 range looks a real possibility now as we've started trading below 5680.... |
Samji 5645-5630 intraday today or for next week. |
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psalm
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| Post: #178 Posted: Fri Nov 09, 2012 2:03 pm Post subject: |
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| Europe is cracking slightly....at the lows now... |
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psalm
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| Post: #179 Posted: Fri Nov 09, 2012 2:05 pm Post subject: |
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| taxmann50 wrote: | | psalm wrote: | | vinay28 wrote: | | vinay28 wrote: | | because I am hoping for NF to first come down such that values of 5900/6000ce are 10/5 and then rise. |
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...5645-5630 range looks a real possibility now as we've started trading below 5680.... |
Samji 5645-5630 intraday today or for next week. |
Today, looks difficult as we already are 50 points down...
but why not today itself...let's hope so.... |
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stevenmat
White Belt
Joined: 27 Dec 2011
Posts: 478
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| Post: #180 Posted: Fri Nov 09, 2012 2:16 pm Post subject: |
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| 20 EOD EMA at 5684.. |
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