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NIFTY VIEW - November
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Author NIFTY VIEW - November
psalm
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Post: #631   PostPosted: Fri Nov 23, 2012 3:33 pm    Post subject: Reply with quote

I have exited DishTV a while back....was not comfortable with performance...so, exited at the end....with loss... Laughing ..but still holding the other stocks...most of them are in profit....but let's wait and see if they continue to go up and reach their respective targets.... Rolling Eyes
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apka
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Post: #632   PostPosted: Fri Nov 23, 2012 3:35 pm    Post subject: Reply with quote

hanging man candle for nifty
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SP50
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Post: #633   PostPosted: Fri Nov 23, 2012 3:39 pm    Post subject: Reply with quote

psalm wrote:
I have exited DishTV a while back....was not comfortable with performance...so, exited at the end....with loss... Laughing ..but still holding the other stocks...most of them are in profit....but let's wait and see if they continue to go up and reach their respective targets.... Rolling Eyes


Coal India looking good AEOM
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vinay28
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Post: #634   PostPosted: Fri Nov 23, 2012 3:41 pm    Post subject: Reply with quote

apka, hanging man under the evening star. So surely not Qasab! Laughing
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psalm
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Post: #635   PostPosted: Fri Nov 23, 2012 3:47 pm    Post subject: Reply with quote

taxmann50 wrote:


Coal India looking good


Though they're doing well, I'm a bit cautious now, Taxmann....So, next week I'm planning to have tighter stops...by the way for coalindia, if the stock can break above today's high it will have momentum on its side and might achieve its targets quickly...anyway, let's wait and see...Happy Weekend...
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apka
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Post: #636   PostPosted: Fri Nov 23, 2012 5:24 pm    Post subject: Reply with quote

vinay28 wrote:
apka, hanging man under the evening star. So surely not Qasab! Laughing


Smile

nifty fut again shedded 6.5 lakh shares. EOD OI stands 127.50 lakh shares.... nifty OI in reverse gear mode.. intraday it was 7+, due to short covering, nifty blasted later near 3pm.

everyday last 4 days near 3pm a movement of 30 point starts.
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psalm
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Post: #637   PostPosted: Mon Nov 26, 2012 9:46 am    Post subject: Reply with quote

Market is trading around 5640 and is not looking weak at this point of time. Looks very much like it will be testing 5660 levels soon. Having said that its better for the market momentum, if it avoids going below 5620-5615 range. But 5590 levels is key now on the downside. As long as the market trades above that, one can hold onto the LONGs, I feel. IT stocks are looking good. INFY, HEXAWARE, HCLTECH are looking good. Will start buying on every dips if INFY breaks above yesterday's high. I am already LONG in hexware.

NOTE: Another interesting stock I'm watching is ZYLOG system (I have position in it from friday). The stock has had a huge correction in the recent past. now the correction is almost over, I feel. This is a high risk trade. The risk is around 15 or 20%. But the reward is almost 100%. I expect the stock to double withing a few months if not weeks. But again, this is a HIGH RISK/HIGH REWARD play. So, be careful.
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SP50
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Post: #638   PostPosted: Mon Nov 26, 2012 9:50 am    Post subject: Reply with quote

psalm wrote:
Market is trading around 5640 and is not looking weak at this point of time. Looks very much like it will be testing 5660 levels soon. Having said that its better for the market momentum, if it avoids going below 5620-5615 range. But 5590 levels is key now on the downside. As long as the market trades above that, one can hold onto the LONGs, I feel. IT stocks are looking good. INFY, HEXAWARE, HCLTECH are looking good. Will start buying on every dips if INFY breaks above yesterday's high. I am already LONG in hexware.

NOTE: Another interesting stock I'm watching is ZYLOG system (I have position in it from friday). The stock has had a huge correction in the recent past. now the correction is almost over, I feel. This is a high risk trade. The risk is around 15 or 20%. But the reward is almost 100%. I expect the stock to double withing a few months if not weeks. But again, this is a HIGH RISK/HIGH REWARD play. So, be careful.



Samji the support points for Zylog please
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psalm
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Post: #639   PostPosted: Mon Nov 26, 2012 9:54 am    Post subject: Reply with quote

taxmann50 wrote:


Samji the support points for Zylog please


Taxmann, Key levels for the stock as per me are: 47 / 58 / 62 / 72 / 77 / 97-105 / 130-139 / 156 / 173-180 / 199-206 / 222 / 240 - 248 / 274 / 317.....
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SP50
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Post: #640   PostPosted: Mon Nov 26, 2012 9:58 am    Post subject: Reply with quote

psalm wrote:
taxmann50 wrote:


Samji the support points for Zylog please


Taxmann, Key levels for the stock as per me are: 47 / 58 / 62 / 72 / 77 / 97-105 / 130-139 / 156 / 173-180 / 199-206 / 222 / 240 - 248 / 274 / 317.....


Thanks, nice find and kind of you to point it out to us Laughing
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psalm
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Post: #641   PostPosted: Mon Nov 26, 2012 10:01 am    Post subject: Reply with quote

taxmann50 wrote:
psalm wrote:
taxmann50 wrote:


Samji the support points for Zylog please


Taxmann, Key levels for the stock as per me are: 47 / 58 / 62 / 72 / 77 / 97-105 / 130-139 / 156 / 173-180 / 199-206 / 222 / 240 - 248 / 274 / 317.....


Thanks, nice find and kind of you to point it out to us Laughing


Just look at the volume in the last few days, Taxmann.....huge volumes...that too with high delivery %.....
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SP50
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Post: #642   PostPosted: Mon Nov 26, 2012 10:02 am    Post subject: Reply with quote

psalm wrote:
taxmann50 wrote:
psalm wrote:
taxmann50 wrote:


Samji the support points for Zylog please


Taxmann, Key levels for the stock as per me are: 47 / 58 / 62 / 72 / 77 / 97-105 / 130-139 / 156 / 173-180 / 199-206 / 222 / 240 - 248 / 274 / 317.....


Thanks, nice find and kind of you to point it out to us Laughing


Just look at the volume in the last few days, Taxmann.....huge volumes...that too with high delivery %.....


Yes perfect and a good bet
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psalm
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Post: #643   PostPosted: Mon Nov 26, 2012 10:09 am    Post subject: Reply with quote

Bought INFY....will be adding on considerable dips....I'm positive on INFY...if the market goes up or doesn't go down, INFY will outperform the index, I feel....anyway, let's wait and see...
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vinay28
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Post: #644   PostPosted: Mon Nov 26, 2012 10:25 am    Post subject: Reply with quote

sam, pl keep this thread for nifty only. Smile
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psalm
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Post: #645   PostPosted: Mon Nov 26, 2012 10:29 am    Post subject: Reply with quote

vinay28 wrote:
sam, pl keep this thread for nifty only. Smile


Okie....will post only about Nifty here... Very Happy
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