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NIFTY VIEW - November |
psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
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Post: #631 Posted: Fri Nov 23, 2012 3:33 pm Post subject: |
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I have exited DishTV a while back....was not comfortable with performance...so, exited at the end....with loss... ..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.... |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #632 Posted: Fri Nov 23, 2012 3:35 pm Post subject: |
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hanging man candle for nifty |
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SP50 Brown Belt
Joined: 26 Nov 2010 Posts: 1615
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Post: #633 Posted: Fri Nov 23, 2012 3:39 pm Post subject: |
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psalm wrote: | I have exited DishTV a while back....was not comfortable with performance...so, exited at the end....with loss... ..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.... |
Coal India looking good |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #634 Posted: Fri Nov 23, 2012 3:41 pm Post subject: |
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apka, hanging man under the evening star. So surely not Qasab! |
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psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
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Post: #635 Posted: Fri Nov 23, 2012 3:47 pm Post subject: |
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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 Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #636 Posted: Fri Nov 23, 2012 5:24 pm Post subject: |
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vinay28 wrote: | apka, hanging man under the evening star. So surely not Qasab! |
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 Black Belt
Joined: 12 Nov 2011 Posts: 5368
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Post: #637 Posted: Mon Nov 26, 2012 9:46 am Post subject: |
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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 Brown Belt
Joined: 26 Nov 2010 Posts: 1615
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Post: #638 Posted: Mon Nov 26, 2012 9:50 am Post subject: |
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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 Black Belt
Joined: 12 Nov 2011 Posts: 5368
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Post: #639 Posted: Mon Nov 26, 2012 9:54 am Post subject: |
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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 Brown Belt
Joined: 26 Nov 2010 Posts: 1615
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Post: #640 Posted: Mon Nov 26, 2012 9:58 am Post subject: |
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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 |
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psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
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Post: #641 Posted: Mon Nov 26, 2012 10:01 am Post subject: |
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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 |
Just look at the volume in the last few days, Taxmann.....huge volumes...that too with high delivery %..... |
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SP50 Brown Belt
Joined: 26 Nov 2010 Posts: 1615
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Post: #642 Posted: Mon Nov 26, 2012 10:02 am Post subject: |
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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 |
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 Black Belt
Joined: 12 Nov 2011 Posts: 5368
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Post: #643 Posted: Mon Nov 26, 2012 10:09 am Post subject: |
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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 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #644 Posted: Mon Nov 26, 2012 10:25 am Post subject: |
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sam, pl keep this thread for nifty only. |
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psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
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Post: #645 Posted: Mon Nov 26, 2012 10:29 am Post subject: |
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vinay28 wrote: | sam, pl keep this thread for nifty only. |
Okie....will post only about Nifty here... |
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