| View previous topic :: View next topic |
| Author |
Nifty View - September Series 2013 |
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
Post: #256  Posted: Thu Sep 12, 2013 2:49 pm Post subject: |
 |
|
| ritapandit25 wrote: | | vinay28 wrote: | | Daily candle will be bearish engulfing. |
yes vinay, might be evening star formation. |
evening star? with a 130 point engulfing candle?  |
|
| Back to top |
|
 |
|
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #257 Posted: Thu Sep 12, 2013 2:50 pm Post subject: |
|
|
| amitagg wrote: | | what would be the low or range tomorrow any guess [assuming markets close at these levels]...i am very wrong at "starting" time of booking out....so pls guide.....views whether 5800 will be held? update after nifty close |
I intend to cover my puts around 5808NS though 5795/80 is possible. I will also go small long. |
|
| Back to top |
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #258 Posted: Thu Sep 12, 2013 2:52 pm Post subject: |
|
|
| I would prefer it to close above 5812NS |
|
| Back to top |
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #259 Posted: Thu Sep 12, 2013 3:23 pm Post subject: |
|
|
apka, nifty is still down about 1% and vix is back (down) to near yesterday's close.
If I see it correctly. bears need to be careful. |
|
| Back to top |
|
|
rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
|
| Post: #260 Posted: Thu Sep 12, 2013 3:36 pm Post subject: |
|
|
As expected Rupee took support and made an upmove causing corresponding fall in Nifty.
Squared off the whole short position after citing a +ww in 5 Minute NF chart.Which is still valid and targeting 5900. |
|
| Back to top |
|
|
rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
|
| Post: #261 Posted: Thu Sep 12, 2013 6:02 pm Post subject: |
|
|
The Index of Industrial of Production (IIP) for the month of July expanded at 2.6% versus a contraction of (-) 2.2% in June.How ever June IIP is revised to -1.8%.What Bulls are going to do tomorrow.It might have been discounted by them.Still some positive sentiment may prop up and may take index up.
August CPI Inflation at 9.52%.So,R.R may not dare to cut rates. |
|
| Back to top |
|
|
rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
|
| Post: #262 Posted: Thu Sep 12, 2013 6:05 pm Post subject: |
|
|
Checked SGX Nifty +30.  |
|
| Back to top |
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #263 Posted: Thu Sep 12, 2013 6:47 pm Post subject: |
|
|
| vinay28 wrote: | apka, nifty is still down about 1% and vix is back (down) to near yesterday's close.
If I see it correctly. bears need to be careful. |
looks like gap up open tmrw.
Months ago, I had posted a video on how US govt data is divulged to 4-5 big funds 30 min before its scheduled release by charging them some amount. It's perfectly legal in US, though highly unethical, since data is prepared by private agencies unlike govt in India.
Looks like FIIs are playing same dirty trick here except that a few top guys in govt agencies gain. Nifty reversed from 3pm. |
|
| Back to top |
|
|
apka
Black Belt
Joined: 13 Dec 2011
Posts: 6137
|
| Post: #264 Posted: Thu Sep 12, 2013 9:19 pm Post subject: |
|
|
The IIP figure is a joke. Last year it was 6% in jan, revised given in march was 1%.
Half the times market goes opposite after some time of the announcement. |
|
| Back to top |
|
|
apka
Black Belt
Joined: 13 Dec 2011
Posts: 6137
|
| Post: #265 Posted: Fri Sep 13, 2013 8:59 am Post subject: |
|
|
5840.00 -30.50 -0.52%
Ha! |
|
| Back to top |
|
|
rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
|
| Post: #266 Posted: Fri Sep 13, 2013 9:48 am Post subject: |
|
|
| NF reached 5900 levels.But the Rupee is depreciating.As long as it does so Nifty can not sustain it's upmove...Take care. |
|
| Back to top |
|
|
apka
Black Belt
Joined: 13 Dec 2011
Posts: 6137
|
| Post: #267 Posted: Fri Sep 13, 2013 9:52 am Post subject: |
|
|
| rk_a2003 wrote: | | NF reached 5900 levels.But the Rupee is depreciating.As long as it does so Nifty can not sustain it's upmove...Take care. |
yeh, before opening SGX showed 5808 for sometime. |
|
| Back to top |
|
|
chandrujimrc
Brown Belt
Joined: 21 Apr 2009
Posts: 1683
|
| Post: #268 Posted: Fri Sep 13, 2013 2:12 pm Post subject: |
|
|
| What is going on in the mkt?One side Nifty grinding is going on.Otherside USD/INR grinding going on. |
|
| Back to top |
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #269 Posted: Fri Sep 13, 2013 2:14 pm Post subject: |
|
|
| chandrujimrc wrote: | | What is going on in the mkt?One side Nifty grinding is going on.Otherside USD/INR grinding going on. |
and ril is showing wild swings.
market not reacting much to news of bjp nominating NM as PM candidate. Probably because it's not officially announced yet. |
|
| Back to top |
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #270 Posted: Fri Sep 13, 2013 2:19 pm Post subject: |
|
|
| A ST seems to be forming. BO above 5860 NS, strengthened above 5870. |
|
| Back to top |
|
|
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
