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NIFTY VIEW - November
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Author NIFTY VIEW - November
psalm
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Post: #616   PostPosted: Fri Nov 23, 2012 2:47 pm    Post subject: Reply with quote

taxmann50 wrote:
I think German Business confidence data came in better than expected.


Yes...a good one...101.40.... Smile
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psalm
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Post: #617   PostPosted: Fri Nov 23, 2012 2:51 pm    Post subject: Reply with quote

psalm wrote:
taxmann50 wrote:
I think German Business confidence data came in better than expected.


Yes...a good one...101.40.... Smile


forecast was for 99.5....By the way, there is already talk of Germany avoiding Recession after this data.... Laughing ....anyway, this data could help their markets.....may be our markets as well.... Smile
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SP50
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Joined: 26 Nov 2010
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Post: #618   PostPosted: Fri Nov 23, 2012 2:54 pm    Post subject: Reply with quote

psalm wrote:
psalm wrote:
taxmann50 wrote:
I think German Business confidence data came in better than expected.


Yes...a good one...101.40.... Smile


forecast was for 99.5....By the way, there is already talk of Germany avoiding Recession after this data.... Laughing ....anyway, this data could help their markets.....may be our markets as well.... Smile


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, Laughing
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SP50
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Post: #619   PostPosted: Fri Nov 23, 2012 2:56 pm    Post subject: Reply with quote

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, Laughing
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saumya12
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Post: #620   PostPosted: Fri Nov 23, 2012 2:57 pm    Post subject: Reply with quote

vinay28 wrote:
guys wait after 2.30 to know the trend.

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
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Post: #621   PostPosted: Fri Nov 23, 2012 2:59 pm    Post subject: Reply with quote

saumya12 wrote:
vinay28 wrote:
guys wait after 2.30 to know the trend.

You were right vinay, bull volumes started increasing from 2.30, otherwise it was the bear volume, the whole day


Some bears got trapped 24 24 24 24 24
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Andre
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Post: #622   PostPosted: Fri Nov 23, 2012 3:01 pm    Post subject: Reply with quote

Vinay,
Please share your secret of guessing exact time...salute to your special ability....
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vinay28
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Post: #623   PostPosted: Fri Nov 23, 2012 3:01 pm    Post subject: Reply with quote

saumya, where do you get bull and bear volumes?
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psalm
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Post: #624   PostPosted: Fri Nov 23, 2012 3:04 pm    Post subject: Reply with quote

Sold a few banknifty now around 11470....will be selling again on rise with stop of 11570....risk is 100 points.... Rolling Eyes ...let's see...
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apka
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Post: #625   PostPosted: Fri Nov 23, 2012 3:16 pm    Post subject: Reply with quote

5600ce saw quickets short covering from 12 lakh OI intraday reduced to 2.8 lakh shares..
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saumya12
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Post: #626   PostPosted: Fri Nov 23, 2012 3:17 pm    Post subject: Reply with quote

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
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Post: #627   PostPosted: Fri Nov 23, 2012 3:18 pm    Post subject: Reply with quote

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
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Post: #628   PostPosted: Fri Nov 23, 2012 3:23 pm    Post subject: Reply with quote

psalm wrote:
Sold a few banknifty now around 11470....will be selling again on rise with stop of 11570....risk is 100 points.... Rolling Eyes ...let's see...


Samji can you please point me out the upside levels for Bank Nifty spot,
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SP50
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Post: #629   PostPosted: Fri Nov 23, 2012 3:25 pm    Post subject: Reply with quote

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 Laughing
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psalm
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Post: #630   PostPosted: Fri Nov 23, 2012 3:28 pm    Post subject: Reply with quote

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.... Rolling Eyes ...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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