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Nifty View - September Series 2013 |
vinay28
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Joined: 24 Dec 2010
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Post: #121  Posted: Thu Sep 05, 2013 8:26 am Post subject: |
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| pkveenu wrote: | hello vinay
i have some banknifty short position
but today SGX numbers showing shaky for shorters like me
as u said stop for shorters NS 5480 to 5515
so with the gap opening today
what should be the strategy
should we go with the SL triggering
or wait for movement in USD price fluctuation
we hope today Dollar should be little up towards inr 68 level
pls give your views
regards |
I had also said that correct SL was 5580, which is too far away, which means you should have covered your position yesteerday. Anyway, the SL of 5580 stands and you will have to hope that it is not taken out. I see two possibilities (a) correction from today's high <5580 or (b) further upmove to 5650 or more. keep fingers crossed. high vix means one should not panic. |
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pkholla
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Joined: 04 Nov 2010
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| Post: #122 Posted: Thu Sep 05, 2013 9:24 am Post subject: |
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Apka: Robert C Miner : Next target 5647.4 NS?
Prakash Holla |
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vinay28
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Posts: 11748
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| Post: #123 Posted: Thu Sep 05, 2013 9:31 am Post subject: |
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| pkholla wrote: | Apka: Robert C Miner : Next target 5647.4 NS?
Prakash Holla |
wah wah holla ji wah wah!  |
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apka
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Posts: 6137
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| Post: #124 Posted: Thu Sep 05, 2013 9:32 am Post subject: |
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| pkholla wrote: | Apka: Robert C Miner : Next target 5647.4 NS?
Prakash Holla |
oh yeh, and then? |
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apka
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Posts: 6137
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| Post: #125 Posted: Thu Sep 05, 2013 9:34 am Post subject: |
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Sept has been tough to judge with all negative news and expectations... but DII kept buying since last 10-15 days, didn't pay heed to it. 
what do you guys think, this is a reversal or a short term injection of boost?
last 2 weeks we surived 5380 for cnh to remain intact. this week also assumingly will remain intact. |
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pkholla
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Posts: 2890
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| Post: #126 Posted: Thu Sep 05, 2013 9:44 am Post subject: |
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| apka wrote: | | pkholla wrote: | | Apka: Robert C Miner : Next target 5647.4 NS? Prakash Holla |
oh yeh, and then? |
Apka: You saw the excel calculator! That is the highest level predicted by Miner method.
Uske bad mein, we have to depend on other experts like Apka, Gurus, Magicians, RK, Sam, SP, Tarot cards, Vinay (in alphabetical order, not nec merit!) |
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pkholla
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| Post: #127 Posted: Thu Sep 05, 2013 10:28 am Post subject: |
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Apka: Vilayat mein ek kahavat hai: Proof of the pudding is in the eating. What am I implying?
There is continuous stream of DIVIDENDS from companies I and my sisters are holding, many are MAINTAINING the dividend LEVEL from last year.
Even supposedly badly hammered companies like BGR Energy gave same level ie Rs 7 per share (tho profit fell to 60% of last year).
Those lucky to hold on to good performers like ITC, HUL, Godrej CP, Infy, PGHH, Gillette, Castrol, etc DID VERY WELL getting fortunes tax free from these companies
Myself holding less meritorious companies than ITC etc have managed to gather Re 1 lac so far from my holdings
Companies in hammered sectors like auto ancillary : Banco India, Baroda gave decent dividend
So what am I saying? India story is not at all as bad as made out in stock market. Buy good scrips like Titan and reap the benefits later when manipulation causes a spurt in Nifty Future level just before elections!
Jai Hind, Prakash Holla |
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apka
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Posts: 6137
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| Post: #128 Posted: Thu Sep 05, 2013 10:48 am Post subject: |
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True Prakash, but our GDP has dropped fast, halved in 2 years. It nowhere looks healthy because bottom is unknown. These companies may manage dividends early on. But these last 3 years we have seen more group A stocks going bust, rising NPAs.. this is something new.
and 9.5 Million fut volumes done in 90 mins. VIX from -3.5 to -1.5, USDINR from 65.70 -> 66.26  |
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vinay28
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| Post: #129 Posted: Thu Sep 05, 2013 12:33 pm Post subject: |
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| TURKISH LOCAL NEWS AGENCIES REPORT TURKISH MILITARY MOVING ARMORED VEHICLES, PERSONNEL TO HATAY, SYRIAN BORDER - stay alert in long positions |
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vinay28
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| Post: #130 Posted: Thu Sep 05, 2013 2:40 pm Post subject: |
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| I wonder whether RIL will make its move now. |
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apka
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Joined: 13 Dec 2011
Posts: 6137
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| Post: #131 Posted: Thu Sep 05, 2013 3:06 pm Post subject: |
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| sabere near bank nifty high (where it is now) 11000ce high was near 31. Now its 49. has been kept rising steadily without loosing premium. |
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apka
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| Post: #132 Posted: Thu Sep 05, 2013 3:08 pm Post subject: |
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| so like what is the UPC limit for bank nifty, it is 9.5% up. |
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apka
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Posts: 6137
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| Post: #133 Posted: Thu Sep 05, 2013 3:20 pm Post subject: |
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| apka wrote: | | so like what is the UPC limit for bank nifty, it is 9.5% up. |
This is as close to a UPC I have seen in an index. |
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vinay28
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Posts: 11748
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| Post: #134 Posted: Thu Sep 05, 2013 3:21 pm Post subject: |
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| apka wrote: | | apka wrote: | | so like what is the UPC limit for bank nifty, it is 9.5% up. |
This is as close to a UPC I have seen in an index. |
it's because you were short! Remember my comment just yesterday?  |
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apka
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Posts: 6137
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| Post: #135 Posted: Thu Sep 05, 2013 3:57 pm Post subject: |
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| vinay28 wrote: | | apka wrote: | | apka wrote: | | so like what is the UPC limit for bank nifty, it is 9.5% up. |
This is as close to a UPC I have seen in an index. |
it's because you were short! Remember my comment just yesterday? |
haha, yaar i confused myself by reading into to many things. but still have the 6000ce sept lying with me. let's see  |
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