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vinay28
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Post: #5161  Posted: Thu Sep 20, 2012 8:17 pm Post subject: |
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I do have limitations but "powers to be" don't. As a little bird told me on phone today (particularly about axis bank but in general too) "phone rakho aur lelo"!  |
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apka
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Joined: 13 Dec 2011
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| Post: #5162 Posted: Thu Sep 20, 2012 8:27 pm Post subject: |
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| vinay28 wrote: | | I do have limitations but "powers to be" don't. As a little bird told me on phone today (particularly about axis bank but in general too) "phone rakho aur lelo"! |
 i hope the bird wasnt down to earth penguin |
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vinay28
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| Post: #5163 Posted: Thu Sep 20, 2012 8:33 pm Post subject: |
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psalm
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Joined: 12 Nov 2011
Posts: 5368
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| Post: #5164 Posted: Fri Sep 21, 2012 9:39 am Post subject: |
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| Booked partial profit of my Nifty LONGs from yesterday just now...around 5620.... ...... |
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psalm
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| Post: #5165 Posted: Fri Sep 21, 2012 9:59 am Post subject: |
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| The high made as of now, 5634 is the immediate resistance for Nifty...a break above 5634 COULD see the index testing 5660 levels, I feel...So, as of now, watching 5634 levels.....current rate is around 5632.......anyway, let's wait and see |
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apka
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| Post: #5166 Posted: Fri Sep 21, 2012 10:52 am Post subject: |
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big bird is watching  |
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vinay28
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| Post: #5167 Posted: Fri Sep 21, 2012 10:53 am Post subject: |
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apka
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Joined: 13 Dec 2011
Posts: 6137
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| Post: #5168 Posted: Fri Sep 21, 2012 10:55 am Post subject: |
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Dear VIX,
It's nice to see you back in action, but your other team mate NIFTY seems to have forgotten you both are North and South Poles of the market.
Please help us understand the on-going situation.
Yours truly confused,
Apka |
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psalm
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Joined: 12 Nov 2011
Posts: 5368
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| Post: #5169 Posted: Fri Sep 21, 2012 10:57 am Post subject: |
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| apka wrote: | Dear VIX,
It's nice to see you back in action, but your other team mate NIFTY seems to have forgotten you both are North and South Poles of the market.
Please help us understand the on-going situation.
Yours truly confused,
Apka |
 .....hmn....it happens normally right?...when VIX goes to rock bottom, it actually moves with market on the up...and then after some time...they will take divergent paths....it cannot go up like this forever right?... |
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pkholla
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Joined: 04 Nov 2010
Posts: 2890
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| Post: #5170 Posted: Fri Sep 21, 2012 11:00 am Post subject: |
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| vinay28 wrote: | | I do have limitations but "powers to be" don't. As a little bird told me on phone today (particularly about axis bank but in general too) "phone rakho aur lelo"! |
Vinay: your friend is a good tipster. aage bhi, aisa phone ayega, jaroor hamay inform karo! Thnx in advance, Prakash Holla |
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psalm
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Joined: 12 Nov 2011
Posts: 5368
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| Post: #5171 Posted: Fri Sep 21, 2012 11:00 am Post subject: |
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| Booked out another 25%....now only 25% LONGs from yesterday left....now the stoploss for them is 5620.....let's see if the market can break above 5660 levels..... ....I wont be surprised if we go to 5712-5715 levels.....in this move...but at the same time, one must cautious too....why is it so???...because of the fundamentals.... |
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psalm
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Joined: 12 Nov 2011
Posts: 5368
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| Post: #5172 Posted: Fri Sep 21, 2012 11:59 am Post subject: |
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Now that we've broken above 5660, the next key level to watch out are the range 5685-8693 (some minor resistance around 5678).......So, if we reach around 5678-85 range, I'll exit rest of my Nifty LONGs or else modify the stoploss to just below 5650 levels.....current rate is around 5668....anyway, let's wait and see if the market has enough strength to reach those levels today.....  |
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apka
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Joined: 13 Dec 2011
Posts: 6137
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| Post: #5173 Posted: Fri Sep 21, 2012 12:08 pm Post subject: |
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| psalm wrote: | | Now that we've broken above 5660, the next key level to watch out are the range 5685-8693 (some minor resistance around 5678).......So, if we reach around 5678-85 range, I'll exit rest of my Nifty LONGs or else modify the stoploss to just below 5650 levels.....current rate is around 5668....anyway, let's wait and see if the market has enough strength to reach those levels today..... |
todays rise is well supported by volumes. 9 million futs traded so far and broke previous high. nrmlly we dont 9 million eod these days. |
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psalm
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Joined: 12 Nov 2011
Posts: 5368
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| Post: #5174 Posted: Fri Sep 21, 2012 12:14 pm Post subject: |
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| apka wrote: | | psalm wrote: | | Now that we've broken above 5660, the next key level to watch out are the range 5685-8693 (some minor resistance around 5678).......So, if we reach around 5678-85 range, I'll exit rest of my Nifty LONGs or else modify the stoploss to just below 5650 levels.....current rate is around 5668....anyway, let's wait and see if the market has enough strength to reach those levels today..... |
todays rise is well supported by volumes. 9 million futs traded so far and broke previous high. nrmlly we dont 9 million eod these days. |
If you just look around, you can see the difference, Apka....we're outperforming our peers by a considerable margin today.......but is it sustainable?.....well, the higher volume suggests the strength in the market.......But I'm slightly cautious...that's why thinking about exiting on on rises.....Having said that, I'm holding on to my LONGs in individual stocks for their respective targets.....  |
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psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
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| Post: #5175 Posted: Fri Sep 21, 2012 12:16 pm Post subject: |
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| Have exited all my Nifty LONGs now....don't have any positions in the index now.... .... |
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