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NIFTY VIEW - November |
apka
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Joined: 13 Dec 2011
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Post: #676  Posted: Tue Nov 27, 2012 10:39 am Post subject: |
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| psalm wrote: | A break above 5720, the market may head for 5750 or slightly higher levels, I feel....On the downside, 5665-5650 range is crucial now....a good break below this range will negate this upmove....So, its like another rangebound move....5650-5750.....  ....anyway, let's wait and see.... |
haha yes especially with lack of participation by FII in dec. |
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apka
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| Post: #677 Posted: Tue Nov 27, 2012 10:42 am Post subject: |
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| taxmann50 wrote: | | apka wrote: | | whatever the reason, currency movement not supporting it. good time to short i think. |
Is VIX rising or falling or no movement?
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VIX open: 14.67, low: 13.39, now: 14.17 (-0.50).... rising but choppily. |
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psalm
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| Post: #678 Posted: Tue Nov 27, 2012 10:46 am Post subject: |
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| Another reason to expect 5750 levels.... |
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SP50
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Joined: 26 Nov 2010
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| Post: #679 Posted: Tue Nov 27, 2012 10:52 am Post subject: |
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| psalm wrote: | | Another reason to expect 5750 levels.... |
True Sam, the trendlines suggest so. |
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psalm
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| Post: #680 Posted: Tue Nov 27, 2012 10:54 am Post subject: |
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I have exited my NIFTY 5600 NOV CALLs around 110 now...and then bought NIFTY 5700 DEC PUTs around 61 as I dont have any protection for my LONG stock positions if the market goes down.....  |
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vinay28
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| Post: #681 Posted: Tue Nov 27, 2012 10:55 am Post subject: |
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| I feel it may revisit 5650. |
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psalm
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| Post: #682 Posted: Tue Nov 27, 2012 11:00 am Post subject: |
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| vinay28 wrote: | | I feel it may revisit 5650. |
If somebody can afford 10 points....short position wont be a bad idea..stop just above 5720...current rate is around 5709.... |
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apka
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| Post: #683 Posted: Tue Nov 27, 2012 11:07 am Post subject: |
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| vinay28 wrote: | | I feel it may revisit 5650. |
bin bulaya mehmaan hoga nifty fir.
seems, that congress got allies to agree to listen / debate on FDI instead of plain opposing last night, that could be trigger of this upmove because currency or world market or the FNO position was not supporting this +70 move. |
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SP50
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| Post: #684 Posted: Tue Nov 27, 2012 11:07 am Post subject: |
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| psalm wrote: | | vinay28 wrote: | | I feel it may revisit 5650. |
If somebody can afford 10 points....short position wont be a bad idea..stop just above 5720...current rate is around 5709.... |
What will be the target on the downside Sam?
I feel that even if it finds difficulty crossing 5720 spot it wont go down more than 20 points and max 5680 but if europe is gap up we may hit 5750 first and draw in some hogs and then for expiry it will be 5700-5680. |
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apka
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| Post: #685 Posted: Tue Nov 27, 2012 11:11 am Post subject: |
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| AJAYKNAIR hasnt posted anything in long time... would be nice to have ur views if u reading |
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psalm
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| Post: #686 Posted: Tue Nov 27, 2012 11:11 am Post subject: |
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| taxmann50 wrote: | | psalm wrote: | | vinay28 wrote: | | I feel it may revisit 5650. |
If somebody can afford 10 points....short position wont be a bad idea..stop just above 5720...current rate is around 5709.... |
What will be the target on the downside Sam?
I feel that even if it finds difficulty crossing 5720 spot it wont go down more than 20 points and max 5680 but if europe is gap up we may hit 5750 first and draw in some hogs and then for expiry it will be 5700-5680. |
5685 or maximum...5665...that's what I expect if there is any correction today....I was just mentioning the chance of an intraday trade......by the way, 5720 IS a key levels as per me...that's why suggested a stoploss just above that...  |
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SP50
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| Post: #687 Posted: Tue Nov 27, 2012 11:12 am Post subject: |
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| apka wrote: | | vinay28 wrote: | | I feel it may revisit 5650. |
bin bulaya mehmaan hoga nifty fir.
seems, that congress got allies to agree to listen / debate on FDI instead of plain opposing last night, that could be trigger of this upmove because currency or world market or the FNO position was not supporting this +70 move. |
It did not even look to cross 5600 by the F&O data few days back  |
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vinay28
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| Post: #688 Posted: Tue Nov 27, 2012 11:14 am Post subject: |
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| apka, with nifty remaining stable in a narrow range for so many days, a weak INR, considering improving political situation and greek syndrome, became a good level for FIIs to buy. |
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apka
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| Post: #689 Posted: Tue Nov 27, 2012 11:16 am Post subject: |
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| makes sense |
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apka
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| Post: #690 Posted: Tue Nov 27, 2012 11:55 am Post subject: |
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| apka wrote: | | AJAYKNAIR hasnt posted anything in long time... would be nice to have ur views if u reading |
or was that ajaykaul |
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