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NIFTY VIEW - November |
psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
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Post: #616 Posted: Fri Nov 23, 2012 2:47 pm Post subject: |
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taxmann50 wrote: | I think German Business confidence data came in better than expected. |
Yes...a good one...101.40.... |
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psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
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Post: #617 Posted: Fri Nov 23, 2012 2:51 pm Post subject: |
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psalm wrote: | taxmann50 wrote: | I think German Business confidence data came in better than expected. |
Yes...a good one...101.40.... |
forecast was for 99.5....By the way, there is already talk of Germany avoiding Recession after this data.... ....anyway, this data could help their markets.....may be our markets as well.... |
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SP50 Brown Belt
Joined: 26 Nov 2010 Posts: 1615
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Post: #618 Posted: Fri Nov 23, 2012 2:54 pm Post subject: |
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psalm wrote: | psalm wrote: | taxmann50 wrote: | I think German Business confidence data came in better than expected. |
Yes...a good one...101.40.... |
forecast was for 99.5....By the way, there is already talk of Germany avoiding Recession after this data.... ....anyway, this data could help their markets.....may be our markets as well.... |
This is definately a twist and I am sure to see a quick up move there as well as here,
5600PE already seen adding open interest after the data, |
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SP50 Brown Belt
Joined: 26 Nov 2010 Posts: 1615
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Post: #619 Posted: Fri Nov 23, 2012 2:56 pm Post subject: |
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I added some calls of 5600 and I think next week will be a suprise up than many who felt otherise, as hedge I have few weaker stocks puts, |
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saumya12 Brown Belt
Joined: 21 Dec 2011 Posts: 1509
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Post: #620 Posted: Fri Nov 23, 2012 2:57 pm Post subject: |
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vinay28 wrote: | guys wait after 2.30 to know the trend.
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You were right vinay, bull volumes started increasing from 2.30, otherwise it was the bear volume, the whole day |
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SP50 Brown Belt
Joined: 26 Nov 2010 Posts: 1615
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Post: #621 Posted: Fri Nov 23, 2012 2:59 pm Post subject: |
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saumya12 wrote: | vinay28 wrote: | guys wait after 2.30 to know the trend.
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You were right vinay, bull volumes started increasing from 2.30, otherwise it was the bear volume, the whole day |
Some bears got trapped |
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Andre White Belt
Joined: 06 Jun 2012 Posts: 220
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Post: #622 Posted: Fri Nov 23, 2012 3:01 pm Post subject: |
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Vinay,
Please share your secret of guessing exact time...salute to your special ability.... |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #623 Posted: Fri Nov 23, 2012 3:01 pm Post subject: |
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saumya, where do you get bull and bear volumes? |
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psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
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Post: #624 Posted: Fri Nov 23, 2012 3:04 pm Post subject: |
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Sold a few banknifty now around 11470....will be selling again on rise with stop of 11570....risk is 100 points.... ...let's see... |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #625 Posted: Fri Nov 23, 2012 3:16 pm Post subject: |
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5600ce saw quickets short covering from 12 lakh OI intraday reduced to 2.8 lakh shares.. |
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saumya12 Brown Belt
Joined: 21 Dec 2011 Posts: 1509
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Post: #626 Posted: Fri Nov 23, 2012 3:17 pm Post subject: |
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vinay28 wrote: | saumya, where do you get bull and bear volumes? |
I had a pictorical afl for my charting which provide me bull and bear volumes. I got this afl only yesterday. |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #627 Posted: Fri Nov 23, 2012 3:18 pm Post subject: |
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nifty is in a jail, and there is no bail...
expiry could be dull, it maybe for neither bear or bull... |
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SP50 Brown Belt
Joined: 26 Nov 2010 Posts: 1615
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Post: #628 Posted: Fri Nov 23, 2012 3:23 pm Post subject: |
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psalm wrote: | Sold a few banknifty now around 11470....will be selling again on rise with stop of 11570....risk is 100 points.... ...let's see... |
Samji can you please point me out the upside levels for Bank Nifty spot, |
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SP50 Brown Belt
Joined: 26 Nov 2010 Posts: 1615
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Post: #629 Posted: Fri Nov 23, 2012 3:25 pm Post subject: |
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apka wrote: | nifty is in a jail, and there is no bail...
expiry could be dull, it maybe for neither bear or bull... |
Jail without bail may fail next week |
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psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
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Post: #630 Posted: Fri Nov 23, 2012 3:28 pm Post subject: |
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taxmann50 wrote: | psalm wrote: | Sold a few banknifty now around 11470....will be selling again on rise with stop of 11570....risk is 100 points.... ...let's see... |
Samji can you please point me out the upside levels for Bank Nifty spot, |
Taxmann, 11492 is the immediate key level...above that 11530 levels could be tested.....on the downside, immediate support is around 11420-430 range....below that 11350 or 11270 could be tested... |
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