|
View previous topic :: View next topic |
Author |
Nifty View |
apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
|
Post: #4111 Posted: Mon Jul 23, 2012 12:51 pm Post subject: |
|
|
psalm wrote: | The area between 5140-5110 is a good support, I feel, Apka.....When I say good support, I'm expecting it to hold for the day or two...or even till expiry.....below 5110, major support for me is around 5070....anyway, the outlook for the market is pretty weak....but since we're in the expiry weak, I expect range-bound moves from here onwards.... I expect bigger and decisive move on the downside by friday or in the next week...anyway, let's see... |
ok.
This week US will also see many results big big companies like aol, microsoft, dow chemicals, etc. etc. so cannot depend on dow for this weeks trade. |
|
Back to top |
|
|
| |
psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
|
Post: #4112 Posted: Mon Jul 23, 2012 12:59 pm Post subject: |
|
|
apka wrote: | psalm wrote: | The area between 5140-5110 is a good support, I feel, Apka.....When I say good support, I'm expecting it to hold for the day or two...or even till expiry.....below 5110, major support for me is around 5070....anyway, the outlook for the market is pretty weak....but since we're in the expiry weak, I expect range-bound moves from here onwards.... I expect bigger and decisive move on the downside by friday or in the next week...anyway, let's see... |
ok.
This week US will also see many results big big companies like aol, microsoft, dow chemicals, etc. etc. so cannot depend on dow for this weeks trade. |
There is every chance of the U.S market going up, because of the presidential election....So, U.S markets may not give much clues from here onwards, I feel.....The election is scheduled to be held in November....October, November are good time to start investing in stock markets....So, there is good chance that our markets may go up at that time.....I mean in October - November time....and then that good run might go upto February or March.....till the time of budget..when a lot of policy changes would happen....anyway, let's see... |
|
Back to top |
|
|
apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
|
Post: #4113 Posted: Mon Jul 23, 2012 1:34 pm Post subject: |
|
|
LT result: expected EBDIT lower than expectation, but profit, sales, order more than expectation. |
|
Back to top |
|
|
psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
|
Post: #4114 Posted: Mon Jul 23, 2012 1:42 pm Post subject: |
|
|
apka wrote: | LT result: expected EBDIT lower than expectation, but profit, sales, order more than expectation. |
not a bad result...else, it would have reacted on the downside considering the overall market sentiments......So, the stock may move on the upside for a while before going down again, I guess....but not sure.... |
|
Back to top |
|
|
psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
|
Post: #4115 Posted: Mon Jul 23, 2012 1:44 pm Post subject: |
|
|
psalm wrote: | apka wrote: | LT result: expected EBDIT lower than expectation, but profit, sales, order more than expectation. |
not a bad result...else, it would have reacted on the downside considering the overall market sentiments......So, the stock may move on the upside for a while before going down again, I guess....but not sure.... |
A CLOSING below 1360 may be bad for the stock.... |
|
Back to top |
|
|
apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
|
Post: #4116 Posted: Mon Jul 23, 2012 1:54 pm Post subject: |
|
|
psalm wrote: | psalm wrote: | apka wrote: | LT result: expected EBDIT lower than expectation, but profit, sales, order more than expectation. |
not a bad result...else, it would have reacted on the downside considering the overall market sentiments......So, the stock may move on the upside for a while before going down again, I guess....but not sure.... |
A CLOSING below 1360 may be bad for the stock.... |
looking like will goto 1320s |
|
Back to top |
|
|
psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
|
Post: #4117 Posted: Mon Jul 23, 2012 2:11 pm Post subject: |
|
|
apka wrote: | psalm wrote: | psalm wrote: | apka wrote: | LT result: expected EBDIT lower than expectation, but profit, sales, order more than expectation. |
not a bad result...else, it would have reacted on the downside considering the overall market sentiments......So, the stock may move on the upside for a while before going down again, I guess....but not sure.... |
A CLOSING below 1360 may be bad for the stock.... |
looking like will goto 1320s |
hmn...by the way, if it starts going down, then i have much lower levels for that....so, let's wait and watch... |
|
Back to top |
|
|
psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
|
Post: #4118 Posted: Mon Jul 23, 2012 2:39 pm Post subject: |
|
|
psalm wrote: | apka wrote: | psalm wrote: | psalm wrote: | apka wrote: | LT result: expected EBDIT lower than expectation, but profit, sales, order more than expectation. |
not a bad result...else, it would have reacted on the downside considering the overall market sentiments......So, the stock may move on the upside for a while before going down again, I guess....but not sure.... |
A CLOSING below 1360 may be bad for the stock.... |
looking like will goto 1320s |
hmn...by the way, if it starts going down, then i have much lower levels for that....so, let's wait and watch... |
L&T is behaving very similar to its previous result days.....I mean going UP after the results... ...let's see if it will be able to test 1410-1420 area in a day or two... |
|
Back to top |
|
|
sachin79 White Belt
Joined: 07 May 2011 Posts: 55
|
Post: #4119 Posted: Mon Jul 23, 2012 2:41 pm Post subject: |
|
|
nifty heading for a expiry between 4950-5000.. |
|
Back to top |
|
|
psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
|
Post: #4120 Posted: Mon Jul 23, 2012 2:44 pm Post subject: |
|
|
sachin79 wrote: | nifty heading for a expiry between 4950-5000.. |
That means another 150 point on the downside, rit?...its quite possible...but my assumption is that we might expire around 5100 or 5200...anyway, let's see... |
|
Back to top |
|
|
psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
|
Post: #4121 Posted: Mon Jul 23, 2012 2:46 pm Post subject: |
|
|
psalm wrote: | sachin79 wrote: | nifty heading for a expiry between 4950-5000.. |
That means another 150 point on the downside, rit?...its quite possible...but my assumption is that we might expire around 5100 or 5200...anyway, let's see... |
if somebody can take a 10 point risk, Nifty can be bought now....with a stoploss below 5110, or so...I guess....risk is pretty less....current rate is around 5121.....anyway, just a quick trade... |
|
Back to top |
|
|
sachin79 White Belt
Joined: 07 May 2011 Posts: 55
|
Post: #4122 Posted: Mon Jul 23, 2012 2:55 pm Post subject: |
|
|
sam..since jan-2012..i am working on d assumption that 2012 will be a mirror image of 2011.. n its working fine til nw..the current downmove is the mirror image of june 2011 expiry during which nifty moved roughly from 5200 to 5600..yes 1 month lag is there and that is coz the budget this year was delayed.. |
|
Back to top |
|
|
SP50 Brown Belt
Joined: 26 Nov 2010 Posts: 1615
|
Post: #4123 Posted: Mon Jul 23, 2012 2:59 pm Post subject: |
|
|
sachin79 wrote: | sam..since jan-2012..i am working on d assumption that 2012 will be a mirror image of 2011.. n its working fine til nw..the current downmove is the mirror image of june 2011 expiry during which nifty moved roughly from 5200 to 5600..yes 1 month lag is there and that is coz the budget this year was delayed.. |
Please give some reasoning behind your assumptions, this will be very hard on us if you just keep telling us that nifty is heading for 4950 without any insight.
Regards, |
|
Back to top |
|
|
psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
|
Post: #4124 Posted: Mon Jul 23, 2012 3:07 pm Post subject: |
|
|
sachin79 wrote: | sam..since jan-2012..i am working on d assumption that 2012 will be a mirror image of 2011.. n its working fine til nw..the current downmove is the mirror image of june 2011 expiry during which nifty moved roughly from 5200 to 5600..yes 1 month lag is there and that is coz the budget this year was delayed.. |
interesting....but how are you correlating the performance with respect to other months???....do they match??? |
|
Back to top |
|
|
sachin79 White Belt
Joined: 07 May 2011 Posts: 55
|
Post: #4125 Posted: Mon Jul 23, 2012 3:09 pm Post subject: |
|
|
i wil post the nifty daily chart today evening ..n with reasoning.. |
|
Back to top |
|
|
|
|
You cannot post new topics in this forum You cannot reply to topics in this forum You cannot edit your posts in this forum You cannot delete your posts in this forum You cannot vote in polls in this forum You cannot attach files in this forum You cannot download files in this forum
|
Powered by phpBB © 2001, 2005 phpBB Group
|
|
|