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Nifty View - October Series |
manojkr78 Green Belt
Joined: 07 Mar 2011 Posts: 1014
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Post: #76 Posted: Tue Oct 07, 2014 9:14 pm Post subject: |
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Vinay,
RSI is below 44 for first time since 18Feb.......anything to add to it..... |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #77 Posted: Tue Oct 07, 2014 9:27 pm Post subject: |
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manojkr78 wrote: | Vinay,
RSI is below 44 for first time since 18Feb.......anything to add to it..... |
that's why posted about bullish div. |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #78 Posted: Wed Oct 08, 2014 11:20 am Post subject: |
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Namo has called an urgent meeting of three services chiefs. One needs to be alert. |
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pkholla Black Belt
Joined: 04 Nov 2010 Posts: 2890
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Post: #79 Posted: Wed Oct 08, 2014 11:30 am Post subject: |
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vinay28 wrote: | Namo has called an urgent meeting of three services chiefs. One needs to be alert. |
I dont understand why India does NOT fly drones, on the border, like US/ Israel, pinpointing source of firing OR infiltration of Paki army/ militants and target bomb the entire lot to go meet their quota of 72 v^&*^%s!
Prakash Holla |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #80 Posted: Wed Oct 08, 2014 11:37 am Post subject: |
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pkholla wrote: | vinay28 wrote: | Namo has called an urgent meeting of three services chiefs. One needs to be alert. |
I dont understand why India does NOT fly drones, on the border, like US/ Israel, pinpointing source of firing OR infiltration of Paki army/ militants and target bomb the entire lot to go meet their quota of 72 v^&*^%s!
Prakash Holla |
Namo's meeting with BO was for that only. |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #81 Posted: Wed Oct 08, 2014 12:37 pm Post subject: |
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because we are fattus and rather let the problem die down than work on resolving it ourselves. |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #82 Posted: Wed Oct 08, 2014 12:38 pm Post subject: |
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what's up with INFY? |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #83 Posted: Wed Oct 08, 2014 12:44 pm Post subject: |
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apka wrote: | what's up with INFY? |
cnxIT and infy are nervous ahead of results. |
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turtlecsi White Belt
Joined: 28 Jan 2010 Posts: 196
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Post: #84 Posted: Wed Oct 08, 2014 12:50 pm Post subject: |
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vinay28 wrote: | Namo has called an urgent meeting of three services chiefs. One needs to be alert. |
Seems like Pak is looking for an external enemy to deviate the attention of its people from internal crisis. Its a typical strategy...
Turtle |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #85 Posted: Wed Oct 08, 2014 12:52 pm Post subject: |
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turtlecsi wrote: | vinay28 wrote: | Namo has called an urgent meeting of three services chiefs. One needs to be alert. |
Seems like Pak is looking for an external enemy to deviate the attention of its people from internal crisis. Its a typical strategy...
Turtle |
there are two reasons. one is Nawaz sharif's total lack control on military and second, elections in J&K |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #86 Posted: Wed Oct 08, 2014 8:30 pm Post subject: |
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LEADER POST for Thursday (09/10/14)
Supports are at about 7833, 7808, 7788 and 7768 while resistances are at about 7860, 7870, 7903, 7933, 7950, 7967, 7980, 7996 and 8010. Six +WWs can give about 7877 (if above 7823), 7891 (once above 7845), 7916 (once above 7869), 7966 (if above 7800), 8042 (once above 7896) and 8066 (if above 7835) (+WWs with higher targets are not mentioned as of now). A -WW can give about 7732 (-WWs with much lower targets are not mentioned as of now). A HnS can give about 7660 if nifty remains below 7835.
Nifty recovered after a gap down open but still closed below 7850. It remains a "sell on rise" situation unless nifty closes above 7955. Daily candle is like a morning star and there is a +ve div on lower tf and we may see a reversal, however mild. A close below 7840 may end the bull rally for a few months. However, rsi is showing signs of bullish divergence and we may also see a sharp reversal soon. Global and local eco and political events can have a bearing on how nifty moves in short term. |
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manojkr78 Green Belt
Joined: 07 Mar 2011 Posts: 1014
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Post: #87 Posted: Wed Oct 08, 2014 8:55 pm Post subject: |
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Vinay,
Yesterday you mentioned close below 7800 will end bull market temporarily, today's post it is given 7840, have the numbers changed...... |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #88 Posted: Wed Oct 08, 2014 9:14 pm Post subject: |
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manojkr78 wrote: | Vinay,
Yesterday you mentioned close below 7800 will end bull market temporarily, today's post it is given 7840, have the numbers changed...... |
no, I will be really worried if it closes below 7840 as it is now at make or break stage but 7800 is worse. Fortunately, there are many supports below that e.g. 7750. But we should always look at least 2 closes. |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #89 Posted: Thu Oct 09, 2014 10:01 am Post subject: |
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updated NF levels for today. |
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riteshucha Green Belt
Joined: 19 May 2012 Posts: 1292
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Post: #90 Posted: Thu Oct 09, 2014 11:10 am Post subject: |
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IB on 1 HR TF.. be careful.. low being 7961.60 high 7976... |
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