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Nifty View - October Series |
vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #31 Posted: Mon Sep 29, 2014 10:46 am Post subject: |
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If tmrw's rbi policy is going to spring a surprise, watch movement of banks in the afternoon. |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #32 Posted: Mon Sep 29, 2014 1:24 pm Post subject: |
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vinay28 wrote: | If tmrw's rbi policy is going to spring a surprise, watch movement of banks in the afternoon. |
watch axis and other banks. |
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pkholla Black Belt
Joined: 04 Nov 2010 Posts: 2890
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Post: #33 Posted: Mon Sep 29, 2014 2:12 pm Post subject: |
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vinay28 wrote: | vinay28 wrote: | If tmrw's rbi policy is going to spring a surprise, watch movement of banks in the afternoon. |
watch axis and other banks. |
The big 3 , SBIN, Axis and ICICI are used for manipulating BNF and NF. Punters can have a big bang for their money as all 3 are high beta
Prakash Holla |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #34 Posted: Mon Sep 29, 2014 2:27 pm Post subject: |
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pkholla wrote: | vinay28 wrote: | vinay28 wrote: | If tmrw's rbi policy is going to spring a surprise, watch movement of banks in the afternoon. |
watch axis and other banks. |
The big 3 , SBIN, Axis and ICICI are used for manipulating BNF and NF. Punters can have a big bang for their money as all 3 are high beta
Prakash Holla |
true Prakash |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #35 Posted: Mon Sep 29, 2014 8:19 pm Post subject: |
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Nifty for Tuesday (30/09/14)
Supports are at about 7931, 7904, 7874, 7819 and 7807 while resistances are at about 7994, 8019, 8100 and 8146. Four +WWs can give about 8031/ 8156 (if above 7914), 8080 (once above 7985) and 8092 (if above 7943) (+WWs with higher targets are not mentioned as of now). A -WW can give about 7750 (-WWs with much lower targets are not mentioned as of now). An IHnS can give as much as 8345 if nifty remains above 7955. A HnS can give about 7800/7680 if nifty remains below 7965. A channel can give about 8045/7880 upon BO/BD above/below 7992/7935.
Nifty closed flattish above 7950 but is not out of the woods. Daily candle is a high price harami indicating possible consolidation rather than reversal. The worry for bulls will be if nifty doesn't cross 8045 soon, latest by Wednesday. Otherwise, bearish div may appear. It is still a "sell on rise" situation unless nifty closes above 8050 first and then 8115. A close below 7840/7800 may end the bull rally for a few months. Global events can have a bearing on how nifty moves in short term. Tuesday being RBI policy review, trade carefully. |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #36 Posted: Mon Sep 29, 2014 8:42 pm Post subject: |
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Either bottom is made OR 14% below 8180? |
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NU2013 White Belt
Joined: 18 Jul 2013 Posts: 104
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Post: #37 Posted: Mon Sep 29, 2014 11:43 pm Post subject: NIFTY |
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Hi Vinay,
The close today is mentioned as 7958.90 on the NSE website. The low was somewhere around 7930. But your chart shows different numbers.
Am i missing something?? Just curious!!
Regards
NU |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #38 Posted: Tue Sep 30, 2014 8:20 am Post subject: Re: NIFTY |
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NU2013 wrote: | Hi Vinay,
The close today is mentioned as 7958.90 on the NSE website. The low was somewhere around 7930. But your chart shows different numbers.
Am i missing something?? Just curious!!
Regards
NU |
I don't understand. This is a printscreen and one can never accurately read it. |
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NU2013 White Belt
Joined: 18 Jul 2013 Posts: 104
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Post: #39 Posted: Tue Sep 30, 2014 8:32 am Post subject: Re: NIFTY |
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vinay28 wrote: | NU2013 wrote: | Hi Vinay,
The close today is mentioned as 7958.90 on the NSE website. The low was somewhere around 7930. But your chart shows different numbers.
Am i missing something?? Just curious!!
Regards
NU |
I don't understand. This is a printscreen and one can never accurately read it. |
The numbers mentioned on the top left corner?? |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #40 Posted: Tue Sep 30, 2014 8:47 am Post subject: Re: NIFTY |
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NU2013 wrote: | The numbers mentioned on the top left corner?? |
oh, those are numbers where the cursor stood when I took printscreen. |
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NU2013 White Belt
Joined: 18 Jul 2013 Posts: 104
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Post: #41 Posted: Tue Sep 30, 2014 8:51 am Post subject: Re: NIFTY |
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vinay28 wrote: | NU2013 wrote: | The numbers mentioned on the top left corner?? |
oh, those are numbers where the cursor stood when I took printscreen. |
Sorry to have bothered you!!
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #42 Posted: Tue Sep 30, 2014 8:56 am Post subject: Re: NIFTY |
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NU2013 wrote: | Sorry to have bothered you!!
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oh, no issues. you didn't bother me but confused me for sure. |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #43 Posted: Tue Sep 30, 2014 11:37 am Post subject: |
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vinay28 wrote: | Either bottom is made OR 14% below 8180? |
market wouldn't be kind to give us 8180 in one day would it |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #44 Posted: Tue Sep 30, 2014 11:44 am Post subject: |
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apka wrote: | vinay28 wrote: | Either bottom is made OR 14% below 8180? |
market wouldn't be kind to give us 8180 in one day would it |
if you pray for it, yes. best case 8531 next week. |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #45 Posted: Tue Sep 30, 2014 12:36 pm Post subject: |
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vinay28 wrote: | apka wrote: | vinay28 wrote: | Either bottom is made OR 14% below 8180? |
market wouldn't be kind to give us 8180 in one day would it |
if you pray for it, yes. best case 8531 next week. |
it's flying, but what is making it move, banknifty is sub-dued. |
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