View previous topic :: View next topic |
Author |
Nifty View |
psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
|
Post: #3901 Posted: Wed Jul 18, 2012 12:24 pm Post subject: |
|
|
Chinese index has recovered almost 1.5% from the day's lows....currently trading in the green..... |
|
Back to top |
|
|
|
|
vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
|
Post: #3902 Posted: Wed Jul 18, 2012 12:28 pm Post subject: |
|
|
sam/apka, don't waste yourtime on talwar.....pen is mightier |
|
Back to top |
|
|
apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
|
Post: #3903 Posted: Wed Jul 18, 2012 12:28 pm Post subject: |
|
|
psalm wrote: | Chinese index has recovered almost 1.5% from the day's lows....currently trading in the green..... |
i was checking weekly volumes for shangai composite, last few weeks volumes have been 25% of what they nrmlly are?? can you verify it if it is correct. i checked using google finance. no wonder it is having good positive divergences on daily and weekly charts.
2 black belts vinay and sam can share their space but. |
|
Back to top |
|
|
psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
|
Post: #3904 Posted: Wed Jul 18, 2012 12:29 pm Post subject: |
|
|
vinay28 wrote: | sam/apka, don't waste yourtime on talwar.....pen is mightier |
|
|
Back to top |
|
|
anand1234 Yellow Belt
Joined: 17 Jul 2010 Posts: 830
|
Post: #3905 Posted: Wed Jul 18, 2012 12:33 pm Post subject: |
|
|
anand1234 wrote: | psalm wrote: | The market is trading around 5214 now....it might find some support around 5212-5210, I feel......if not, there is chance of it testing 5187-5185 levels. But there is good CHANCE for the market to go up....thats what I feel as of now...anyway, let's see... |
hi........sam
i fell that mkt can go down to 5150 lavel...........may b to day or tomorrow............in the up max 5250..........maximum chances to go down...............as of now I dont go long any scrip or nf....
thx
anand |
hi.......sam
wt I told yesterday that mkt can come 5150 level...........look made low 5168............now trading 5212............max 5230 may come..........but there after will go down towards 5150 -5120...........may b today or tomorrow..............as of dont go long..........in high will go short for tgt 5150 -5120........MY OBSERVATION.
thx
anand |
|
Back to top |
|
|
psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
|
Post: #3906 Posted: Wed Jul 18, 2012 12:41 pm Post subject: |
|
|
apka wrote: | psalm wrote: | Chinese index has recovered almost 1.5% from the day's lows....currently trading in the green..... |
i was checking weekly volumes for shangai composite, last few weeks volumes have been 25% of what they nrmlly are?? can you verify it if it is correct. i checked using google finance. no wonder it is having good positive divergences on daily and weekly charts.
2 black belts vinay and sam can share their space but. |
Yes, the volumes were lesser.....attached the daily charts for the last few days: |
|
Back to top |
|
|
psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
|
Post: #3907 Posted: Wed Jul 18, 2012 12:42 pm Post subject: |
|
|
anand1234 wrote: | anand1234 wrote: | psalm wrote: | The market is trading around 5214 now....it might find some support around 5212-5210, I feel......if not, there is chance of it testing 5187-5185 levels. But there is good CHANCE for the market to go up....thats what I feel as of now...anyway, let's see... |
hi........sam
i fell that mkt can go down to 5150 lavel...........may b to day or tomorrow............in the up max 5250..........maximum chances to go down...............as of now I dont go long any scrip or nf....
thx
anand |
hi.......sam
wt I told yesterday that mkt can come 5150 level...........look made low 5168............now trading 5212............max 5230 may come..........but there after will go down towards 5150 -5120...........may b today or tomorrow..............as of dont go long..........in high will go short for tgt 5150 -5120........MY OBSERVATION.
thx
anand |
I have no plans to go LONG....at least for the time being......anyway, thanks for the warning.... |
|
Back to top |
|
|
vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
|
Post: #3908 Posted: Wed Jul 18, 2012 12:50 pm Post subject: |
|
|
apka, market always goes down more than it goes up for same volume. In this case, we may see a rally |
|
Back to top |
|
|
apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
|
Post: #3909 Posted: Wed Jul 18, 2012 12:55 pm Post subject: |
|
|
ok, vinay. i am long for 5250 spot. 5262 shall face resistence.
sam, since u have become bearish, rains have been mellow in India. when will you change to bull |
|
Back to top |
|
|
rohit44 White Belt
Joined: 05 Jan 2010 Posts: 279
|
Post: #3910 Posted: Wed Jul 18, 2012 1:00 pm Post subject: |
|
|
5189 Ns behaving like make or break level...once taken high came..now supporting big way.. |
|
Back to top |
|
|
psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
|
Post: #3911 Posted: Wed Jul 18, 2012 1:08 pm Post subject: |
|
|
apka wrote: | ok, vinay. i am long for 5250 spot. 5262 shall face resistence.
sam, since u have become bearish, rains have been mellow in India. when will you change to bull |
I have realized that the life as a bear is pretty difficult.....something like unBEARable...I wish, I were a bull..... ...by the way, to change my view, I'm looking at a close above 5260 levels, Apka...but I prefer a close above 5300 levels...if we close above 5260, I have a feeling that we could test 5350 levels again and might even test 5375 levels.....there is also possibility of the market testing 5425 and then 5455 levels. A monthly close above 5450 is what I'm looking at as a confirmation that the trend has really changed......till that time, I'm a LONG TERM BEAR with occasional bullishness.....but the life as a BEAR....oh man....its so difficult.. |
|
Back to top |
|
|
apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
|
Post: #3912 Posted: Wed Jul 18, 2012 1:10 pm Post subject: |
|
|
rohit44 wrote: | 5189 Ns behaving like make or break level...once taken high came..now supporting big way.. |
yes, next one hour on 5 min candles ns should not close below 5190, else downfall again. |
|
Back to top |
|
|
vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
|
Post: #3913 Posted: Wed Jul 18, 2012 1:12 pm Post subject: |
|
|
sam daily close above 5270NS is what I feel is neccesary instead of 5260 but I still feel 5325 by expiry. Downside 5140/50 is possible this week
Last edited by vinay28 on Wed Jul 18, 2012 1:13 pm; edited 1 time in total |
|
Back to top |
|
|
psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
|
Post: #3914 Posted: Wed Jul 18, 2012 1:13 pm Post subject: |
|
|
vinay28 wrote: | sam daily close above 5270NS is what I feel is neccesary instead of 5260 but I still feel 5325 by expiry |
Okie....will look at 5270, instead of 5260.... |
|
Back to top |
|
|
rohit44 White Belt
Joined: 05 Jan 2010 Posts: 279
|
Post: #3915 Posted: Wed Jul 18, 2012 1:14 pm Post subject: |
|
|
apka wrote: | rohit44 wrote: | 5189 Ns behaving like make or break level...once taken high came..now supporting big way.. |
yes, next one hour on 5 min candles ns should not close below 5190, else downfall again. |
downfall again....sirf yeh achcha laga mujhe |
|
Back to top |
|
|
|