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NIFTY VIEW - November |
psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
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Post: #526 Posted: Wed Nov 21, 2012 12:46 pm Post subject: |
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pkholla wrote: | psalm wrote: | vinay28 wrote: | almost nothing to loose! Above 6100CE, 6500CE has highest OI for Dec |
I know.... you're not risking anything.....its like throw-away price. |
Vinay/Sam: Because it is PRICE-LESS????
Prakash Holla
Vinay is happily throwing these tidbits at us! Sometime back he reco 6100 Nov call and 6300 Dec call. I bought both. Vinay, what is your bhavishya vani for these options? |
Prakash, there is nothing wrong in buying a CALL or a PUT for 2 or 3 rupees....I know the risk/reward....its like a lottery....but as long as we're below the recent highs, I'll consider the trend as down....but one may get chances to trade on the up....but that's it....market could attract serious long term buyers only above the recent highs of 6815, I believe.....So, making long term portfolios can wait, unless one has a time frame of 2 or 3 years....Having said all these things, if you're pretty certain of markets breaking above the recent highs, then there is absolutely nothing wrong in thinking about long term buys.... ...but my suggestion will be to wait for the highs to be taken out.... |
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pkholla Black Belt
Joined: 04 Nov 2010 Posts: 2890
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Post: #527 Posted: Wed Nov 21, 2012 12:50 pm Post subject: |
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Vinay/ Sam: Thanks to both for replies. Yeah, a sharp move will generate enough to give a juicy return (BTW, V: around Oct 23, u reco 61 nov and 63 dec) Prakash Holla
Last edited by pkholla on Wed Nov 21, 2012 12:56 pm; edited 1 time in total |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #528 Posted: Wed Nov 21, 2012 12:50 pm Post subject: |
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one more thing sam. I don't have to wait for 6300 to come since it may not.
Incidentally, I wanted to buy 6500CE for Jan but its OI and today's vol are too low. Interestingly 6300CE for dec is showing higher OI. |
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SP50 Brown Belt
Joined: 26 Nov 2010 Posts: 1615
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Post: #529 Posted: Wed Nov 21, 2012 1:26 pm Post subject: |
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European futures trading in mild red before opening, bears still optimistic |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #530 Posted: Wed Nov 21, 2012 1:31 pm Post subject: |
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euro has dipped 0.5% in few minutes |
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SP50 Brown Belt
Joined: 26 Nov 2010 Posts: 1615
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Post: #531 Posted: Wed Nov 21, 2012 1:36 pm Post subject: |
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vinay28 wrote: | euro has dipped 0.5% in few minutes |
Hope optimistic indian bulls dont get trapped!!! |
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psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
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Post: #532 Posted: Wed Nov 21, 2012 1:40 pm Post subject: |
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vinay28 wrote: | euro has dipped 0.5% in few minutes |
Moody's have downgraded 4 French Government-related Issuers To Aa1 From Aaa with Negative Outlook.......Fitch says that it will review it in 2013 after Moody's, S&P cut it......Dollar index has gone up by around 25 or 30 bps....yen weakens to 82 per dollar for 1st time since April 6...... |
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mani200606 White Belt
Joined: 25 Jun 2011 Posts: 73
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Post: #533 Posted: Wed Nov 21, 2012 1:42 pm Post subject: |
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euro falls in morning 9 am to 10 am from 1.2820 to 1.2735 now at 1.2755 |
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SP50 Brown Belt
Joined: 26 Nov 2010 Posts: 1615
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Post: #534 Posted: Wed Nov 21, 2012 1:42 pm Post subject: |
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psalm wrote: | vinay28 wrote: | euro has dipped 0.5% in few minutes |
Moody's have downgraded 4 French Government-related Issuers To Aa1 From Aaa with Negative Outlook.......Fitch says that it will review it in 2013 after Moody's, S&P cut it......Dollar index has gone up by around 25 or 30 bps....yen weakens to 82 per dollar for 1st time since April 6...... |
So do you think it can be negative for us? |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #535 Posted: Wed Nov 21, 2012 1:43 pm Post subject: |
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The euro was lower against the U.S. dollar on Wednesday, after euro zone finance ministers failed to reach an agreement on releasing a delayed bailout payment for Greece, weighing on demand for the single currency. |
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psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
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Post: #536 Posted: Wed Nov 21, 2012 1:44 pm Post subject: |
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taxmann50 wrote: | vinay28 wrote: | euro has dipped 0.5% in few minutes |
Hope optimistic indian bulls dont get trapped!!! |
it could happen both ways, Taxmann....I mean you'll never know if bulls are getting trapped or bears....May be by the end of this week, it will be clear....in our markets, time around 22nd Nov (tomorrow) is important, time-wise......So, I hope that we'll have some clear idea by friday..... |
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psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
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Post: #537 Posted: Wed Nov 21, 2012 1:48 pm Post subject: |
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taxmann50 wrote: | psalm wrote: | vinay28 wrote: | euro has dipped 0.5% in few minutes |
Moody's have downgraded 4 French Government-related Issuers To Aa1 From Aaa with Negative Outlook.......Fitch says that it will review it in 2013 after Moody's, S&P cut it......Dollar index has gone up by around 25 or 30 bps....yen weakens to 82 per dollar for 1st time since April 6...... |
So do you think it can be negative for us? |
Something is really mysterious, Taxmann....the timing of all these events....may be the problems are about to peak...or about to start getting worse.....I have no idea....even the charts are not revealing anything....but I wont be suggesting buying for a long term at this point of time.... |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #538 Posted: Wed Nov 21, 2012 1:52 pm Post subject: |
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when nifty started moving really fast for first time from 5000 -> 6000 in 2006-2007
i want to know, what were the TV analysts saying then, how were their expectations? did they all say big bull rally ahead, did they say we should conslidate, did they say coorection will happen ? .. anybody remember |
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SP50 Brown Belt
Joined: 26 Nov 2010 Posts: 1615
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Post: #539 Posted: Wed Nov 21, 2012 1:53 pm Post subject: |
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psalm wrote: | taxmann50 wrote: | psalm wrote: | vinay28 wrote: | euro has dipped 0.5% in few minutes |
Moody's have downgraded 4 French Government-related Issuers To Aa1 From Aaa with Negative Outlook.......Fitch says that it will review it in 2013 after Moody's, S&P cut it......Dollar index has gone up by around 25 or 30 bps....yen weakens to 82 per dollar for 1st time since April 6...... |
So do you think it can be negative for us? |
Something is really mysterious, Taxmann....the timing of all these events....may be the problems are about to peak...or about to start getting worse.....I have no idea....even the charts are not revealing anything....but I wont be suggesting buying for a long term at this point of time.... |
It is true, I completely agree and as much I can understand charts apart from Bank Nifty other counters have gone below their strong support levels hence even if a small bounce it looks likely to fall again soon, definately I am not going long but will short at higher levels |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #540 Posted: Wed Nov 21, 2012 1:53 pm Post subject: |
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my next date is 23/11
We should have a close above 5665 today or tmrw to give hope for further upmove.
sbi, tisco and ril may take nifty up. for sbi SL 2025 on daily close basis |
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