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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #3961 Posted: Thu Jul 19, 2012 1:19 pm Post subject: |
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psalm wrote: | apka wrote: | how do you see INR/USD placed as for next week?
to me it looks like 53.80-54.00 shall come |
USD/INR is in a range of 44.8 and 55.5, I feel...any break of these levels could give you a HUGE move, I feel....I dont know which way it is gonna come.....but I see some big moves in that pair (something like a move to 52 on the downside or 58 on the upside)....anyway, let's see which way it is gonna move.. |
hmm 55.5. my forex friend said 57 again coming soon. |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #3962 Posted: Thu Jul 19, 2012 1:20 pm Post subject: |
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let's see what happens after the rumour that mulayam voted for sangma by mistake |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #3963 Posted: Thu Jul 19, 2012 1:23 pm Post subject: |
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mistake
FNO suggesting rise now. And 5228 spot also has holded, low made tripple bottom now intraday. |
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psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
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Post: #3964 Posted: Thu Jul 19, 2012 1:26 pm Post subject: |
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vinay28 wrote: | let's see what happens after the rumour that mulayam voted for sangma by mistake |
Mistake???...could be just rumour, Vinay.....anyway, that may not affect the outcome, I feel....the gap between the treasury bench and the opposition is considerable....other than affecting the lead, it may not affect the outcome..I feel.. |
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psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
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Post: #3965 Posted: Thu Jul 19, 2012 1:35 pm Post subject: |
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apka wrote: | psalm wrote: | apka wrote: | how do you see INR/USD placed as for next week?
to me it looks like 53.80-54.00 shall come |
USD/INR is in a range of 44.8 and 55.5, I feel...any break of these levels could give you a HUGE move, I feel....I dont know which way it is gonna come.....but I see some big moves in that pair (something like a move to 52 on the downside or 58 on the upside)....anyway, let's see which way it is gonna move.. |
hmm 55.5. my forex friend said 57 again coming soon. |
Looking at the Dollar index, I have a feeling that it hasn't lost any strength though it came down from around 83.85 levels....As long as 82.2-81.8 range is held, other currencies will always be under pressure.....that's what I feel... |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #3966 Posted: Thu Jul 19, 2012 1:38 pm Post subject: |
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just for the sake of fun, what if sangma wins by one vote? |
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Andre White Belt
Joined: 06 Jun 2012 Posts: 220
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Post: #3967 Posted: Thu Jul 19, 2012 1:38 pm Post subject: |
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Guess... nifty has determined to make the record by trading in 10 points range trading...3:30 hrs and counting..approx....though i believe last 15 minutes will show us direction...just a guess.... |
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psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
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Post: #3968 Posted: Thu Jul 19, 2012 1:40 pm Post subject: |
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vinay28 wrote: | just for the sake of fun, what if sangma wins by one vote? |
....it will be interesting....but I'm QUITE sure...that it wont happen.... |
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psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
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Post: #3969 Posted: Thu Jul 19, 2012 1:43 pm Post subject: |
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Andre wrote: | Guess... nifty has determined to make the record by trading in 10 points range trading...3:30 hrs and counting..approx....though i believe last 15 minutes will show us direction...just a guess.... |
hahaha...yea...it is playing the waiting game.....anyway, a stoploss below 5220 or so should be enough for going LONG....that's why I suggested going LONG if interested for a short trade....but overall, there is no change, as far as my overall bearishness is concerned....anyway, let's see what happens in the second half of the trade... |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #3970 Posted: Thu Jul 19, 2012 1:44 pm Post subject: |
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vinay28 wrote: | just for the sake of fun, what if sangma wins by one vote? |
now that would be a mistake |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #3971 Posted: Thu Jul 19, 2012 2:08 pm Post subject: |
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VIX is taking a carefree sunbath at 16.73 |
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psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
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Post: #3972 Posted: Thu Jul 19, 2012 2:10 pm Post subject: |
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apka wrote: | VIX is taking a carefree sunbath at 16.73 |
I have a feeling that some short positions are coming in Banks....Are you getting any clues from the FNO data, Apka????? |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #3973 Posted: Thu Jul 19, 2012 2:20 pm Post subject: |
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psalm wrote: | apka wrote: | VIX is taking a carefree sunbath at 16.73 |
I have a feeling that some short positions are coming in Banks....Are you getting any clues from the FNO data, Apka????? |
it is still suggesting a rise |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #3974 Posted: Thu Jul 19, 2012 2:20 pm Post subject: |
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Code: | In a report, the European Central Bank said that the euro zone current account recorded a seasonally adjusted surplus of EUR10.9 billion in May, up from a surplus of EUR5.5 billion in April, whose figure was revised up from a surplus of EUR4.6 billion.
Economists had expected the region’s current account surplus to narrow modestly to EUR5.3 billion in May.
The report said that the 12-month cumulated seasonally adjusted current account recorded a surplus of EUR36.3 billion in May, around 0.4% of euro area gross domestic product, compared with a deficit of EUR17.0 billion a year earlier. |
what this above news means? good / bad? |
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psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
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Post: #3975 Posted: Thu Jul 19, 2012 2:29 pm Post subject: |
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apka wrote: | Code: | In a report, the European Central Bank said that the euro zone current account recorded a seasonally adjusted surplus of EUR10.9 billion in May, up from a surplus of EUR5.5 billion in April, whose figure was revised up from a surplus of EUR4.6 billion.
Economists had expected the region’s current account surplus to narrow modestly to EUR5.3 billion in May.
The report said that the 12-month cumulated seasonally adjusted current account recorded a surplus of EUR36.3 billion in May, around 0.4% of euro area gross domestic product, compared with a deficit of EUR17.0 billion a year earlier. |
what this above news means? good / bad? |
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